In Thee News

Lots going on in the news but nothing yet in terms of what is happening right now. These headlines are all speculative and future things to come. It seems like this is what crypto has become lately. No real updates just future this and future that.

#1 - Facebook to launch Globalcoin in 2020

• Nothing really new here other then maybe the name ? That being said this coin is going to be a stable coin. What that means is there will be no price increase in the coin. 1 Facebook coin or Global coin will always be $1 nothing to get excited about there lol

#2 - Robinhood bring zero fee crypto trading to New York

• Yeah not sure I understand the hype around this. I've been trading bitcoin etc on Robhinhood for the last 4 months lol

#3 - Binance's CZ accused of pump and dump

• When you look at it he pretty much did exactly this. Which is market manipulation in its finest. That is now the 3rd strike I have with Binance and why I wont be using that exchange ever again.

All of this also makes me really question why Bitcoin is back up to $8,100 mark again. It seems like it keeps going here and then crashes within 24 hours back to $7,500 levels.

My hunch was it should be at $6,800 - $7,300 as there has been nothing new since then to fuel its growth. BTW I made some rather solid trades between those bounces of $7,000 buck up to $8,000 ;) :)

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