The Weekly Recap: Ep1(30-Jul-21)

Crypto Markets jump back-up with Bitcoin testing $40k, U.S. Lawmakers Talk Crypto Regulation, Amazon Recruiting a Blockchain Lead

Hi everyone 👋Life is busy, with lots going on and too much information thrown at us. It is difficult to filter out the noise, focus on the big themes, and continuing to learn about new topics. As requested by some of the readers, I am exploring a weekly note that looks to recap my curated reading list, market update & bite-sized learnings nuggets to get you caught up for the week.


🧠Quote of the week

📚Here is what I liked reading

  1. Bitcoin’s Rally to $40,000 Triggers Over $1Bn in Liquidations – $1 billion of BTC futures liquidations in the last 12 hours. Here’s where the carnage happened.”
  2. Amazon hunts for cryptocurrency lead looking to “innovate on behalf of customers within the financial systems of one of the largest e-commerce companies in the world”.
  3. The next big social network trend!! Short-form Audio – Forget long Clubhouse conversations, these founders see voice notes as the future
  4. 7 Reasons Why You Shouldn’t Take Your Side Hustles Full-Time – Don’t quit your job till you read this!!
  5. Solve Your Procrastination Problem by Dividing Your Day Into Quarters – Instead of feeling that you’ve blown the day and thinking, “I’ll get back on track tomorrow,” try thinking of each day as a set of four quarters: morning, midday, afternoon, evening. If you blow one quarter, you get back on track for the next quarter. Fail small, not big.

🔥Crypto Market Update

Nice rebound by Bitcoin from the lower end of its trading range of ~$30k to ~$40k. Bitcoin dominance up to 47.5% with other Altcoins(non-bitcoin) still slow to recover

🙋‍♂️Term of the Week – “HODL”

Example: “Stay strong, HODL even when the price drops.”

In early bitcoin forums, someone posted a message that spelled the word “hold” wrong, and readers interpreted it as an acronym “hold on for dear life,” Saddington explains. “Now, it’s become a meme of sorts, so that when the prices are highly volatile, bitcoin buyers say ‘HODL!’” Saddington describes himself as “a long-term HODLER.”

🤣Just of Laughs

That’s all, folks. 👋

Remember, if you’re enjoying this content, please do tell all your friends to check it out and hit the subscribe button. Hope everyone has a great weekend.🚀🙏🏻

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

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