Weekly Crypto Market Roundup | Micro & Macro Economic Trends | News and Financial Reports There is no profitable trader without in-depth fundamentals.

The crypto market is controlled 90% by fundamentals.

Keeping in touch with economic trends, global events, news, and financial reports is the key to profitability in the crypto market.

FRIDAY, I share market sentiments and key fundamentals you need to make trading decisons. I'm changing the weekly roundup to FRIDAYS guys. By the way, feel free to discuss any of the sentiments, fundamentals, trends, and news in the comment section. You can also ask questions & make your contributions.

(1) Statistics show that the $Bitcoin cycles have all followed a similar pattern. Bull markets take about 1070 days, while bear markets last for around 400 days. If the pattern repeats, we have 750 days to go until the next cycle high. BTC halving is in 173 days. We are in a pullback stage. A new high marks a new bull cycle.

(2) Is BlackRock buying Bitcoin? YES. But it won't directly pump the market because he is buying through OTC. The iSHARE iBTC is seeded by buying BTC through miners, exchanges, and governments via OTC (over-the-counter) transactions. This method doesn't directly influence the price of $BTC. Only skyrocket the price when the announcement of their holdings is made public which is why they refused to disclose their seeding volume to the SEC rather they agreed to pay a $2.5 million fine.

(4)  SEC Chair Gary Gensler says the SEC has 8-10 filings on Bitcoin ETFs in front of the commission.

(5) Memeland, a Web3 project built by 9GAG's Team, secures $10M minutes after going live.

(6) LayerZero introduces Omnichain token to move Lido's wstETH across Avalanche, BNB Chain, and Scroll

(7) BlackRock was fined $2.5M by the SEC for incorrect investment disclosure.

(8) There is a lot of accumulation in the range of $25,000-$31,000 area. This shows investors are accumulating for the next bull rally. This is the major resistance and there is not much unspent supply on higher prices.#cryptosite