BREAKING: All Cryptos (Including Theta) Fell Due To Higher Capital Gain Tax
US President Biden announced that he will increase capital gains taxes as high as 43.4% for people earning more than $1 Million per year. This affected both stocks and cryptos across the board, and Theta was no exception, it fell at most 15%.
There is a new interesting article out from Benzinga regarding Sony's Metaverse plans and how this could relate to Theta Network.
Link to Benzinga Sony/Theta article:
https://www.benzinga.com/22/05/27355820/what-does-sonys-metaverse-plans-mean-for-theta-network
Link to Theta AMA tweet:
https://twitter.com/Theta_Network/status/1525956465000849408?s=20&t=Yufr5ll8bZYPTujd6NpmMA
Link to DappRadar's Top Theta Dapps:
https://dappradar.com/rankings/protocol/theta
Link to Sony NFT delay tweet:
https://twitter.com/ThetaDrop/status/1524791905728405504?s=20&t=N9FpiocxrMsIhjegQ24mwA
Link to Metaverse rankings:
https://coinmarketcap.com/view/metaverse/
Link to Guardian Monitors (Scroll down to Validator Nodes):
https://guardianmonitor.io/
Here is the link to the Theta whitepaper:
https://assets.thetatoken.org/theta-mainnet-4-whitepaper.pdf
Link to Theta Drop:
www.thetadrop.com/
My Odysee Channel:
https://odysee.com/@FreeForever:d0
Donate to me if you like my work:
Theta, TFuel or TDrop:
Address: 0x11c06886ade1fc6E5F7BBdb8B081254d5CfC4dD0
Bitcoin: 1My3kPtCkktWYFy1nNN8t6gtqbHzzE5kQN
Ethereum: 0xd8E920589a6cf9D4b32cA86B7D8D06fBdF1d786F
Link to my Twitter account:
https://twitter.com/freeforever2020
Here is the link to the Theta whitepaper:
https://assets.thetatoken.org/theta-mainnet-4-whitepaper.pdf
Link to Theta Drop:
www.thetadrop.com/
My Odysee Channel:
https://odysee.com/@FreeForever:d0
Donate to me if you like my work:
Theta, TFuel or TDrop:
Address: 0x11c06886ade1fc6E5F7BBdb8B081254d5CfC4dD0
Bitcoin: 1My3kPtCkktWYFy1nNN8t6gtqbHzzE5kQN
Ethereum: 0xd8E920589a6cf9D4b32cA86B7D8D06fBdF1d786F
Theta has broken out to the downside on the 8 hour chart and if we are lucky this could be a so called "fake out" to the downside and then continue to the upside again. However, we should be cautious here in the short term and see if we were to get a continuation or if we will form some kind of bottom formation around $12.
Link to tweet about Akon (6.2 M followers on Twitter)
https://twitter.com/THETAtv/status/1377306236534751234?s=20
Link to video interview with Theta team (starts at 42 minutes)
https://www.youtube.com/watch?v=pqs_5purdZ8
Link to Bithumb tweet about TFuel being listed:
https://twitter.com/BithumbOfficial/status/1377082514540404739?s=20
Link to Guardian Monitor: https://guardianmonitor.io/
Follow me on Twitter: https://twitter.com/freeforever2020
...
https://www.youtube.com/watch?v=NiQQPvb4e7E
Yesterday morning, everything looked bullish for Theta, but we have to remember to always focus on the daily close and yesterday closed with a bearish candle (engulfing sign) and down almost 10% UTC time.
Subscribe and follow me Odysee.com: https://odysee.com/@FreeForever:d0
Crypto Fear & Greed Index: https://alternative.me/crypto/fear-and-greed-index/
Check out Guardian Monitor: www.guardianmonitor.io
Link to Theta Explorer (Theta Staking): https://explorer.thetatoken.org/
Link to Theta Next Theta Staking Chart:
https://thetanext.com/history/all
Crypto Bubbles:
https://cryptobubbles.net/
Follow me on Twitter: https://twitter.com/freeforever2020
Support my work with Theta or TFuel (Tip Jar):
Wallet Address: 0x11c06886ade1fc6E5F7BBdb8B081254d5CfC4dD0
...
https://www.youtube.com/watch?v=tRRz5fnr22U
TFuel has rebounded nicely today, it is up 7% right now and if Bitcoin will continue to go up tomorrow, I do expect more gains for TFuel.
Subscribe and follow me Odysee.com: https://odysee.com/@FreeForever:d0
Link to Guardian Monitor: https://guardianmonitor.io/
Follow me on Twitter: https://twitter.com/freeforever2020
Support my work with Theta or TFuel (Tip Jar):
Wallet Address: 0x11c06886ade1fc6E5F7BBdb8B081254d5CfC4dD0
...
https://www.youtube.com/watch?v=gUI6lhCtomk
Twice today, Theta managed to penetrate the upper resistance line on the hourly chart but both times it quickly fell back down afterwords. However, if the latest time cycle is about to repeat itself, this could give Theta a boost in the next few days.
Link to Theta article in Decrypt.co:
https://decrypt.co/resources/what-is-theta-network
Tweet about Theta Hackathon being extended:
https://twitter.com/Theta_Network/status/1379145609727389698?s=20
Link to Guardian Monitor: https://guardianmonitor.io/
Follow me on Twitter: https://twitter.com/freeforever2020
...
https://www.youtube.com/watch?v=TT7jot8CrKI
Yesterday was a terrible day for the Altcoins. They fell 15.9% but we have also reached an interesting support zone that Im keeping an eye on. That is the level of around $62 Billion. We also have a very high volume today, the highest volume in several months and if we can end the day in the green that could indicate a potential bottom here.
...
https://www.youtube.com/watch?v=FYsSrTTYK4k
We just closed the week for Theta and we did get a green Sunday. Theta rose 3%. In addition to that, Theta also managed to close the week in the green at 10% to the upside. However, Im still concerned about next week, we just recently we back into a death cross on the hourly chart and it was not a strong week, we closed way below the weekly high and the same is true for Bitcoin. Therefore Im rather neutral for next week and keeping an eye on what is going on with Bitcoin.
Subscribe and follow me Odysee.com: https://odysee.com/@FreeForever:d0
Link to Guardian Monitor: https://guardianmonitor.io/
Follow me on Twitter: https://twitter.com/freeforever2020
Support my work with Theta or TFuel (Tip Jar):
Wallet Address: 0x11c06886ade1fc6E5F7BBdb8B081254d5CfC4dD0
...
https://www.youtube.com/watch?v=gV8s_CsFPUI
Bitcoin did get a kind of unexpected move to the downside yesterday. At the lowest, it was down at $61.8K and it also formed a bearish engulfing sign for the day. But, right now, Bitcoin is once again rising and we will see if we have enough momentum in order to retest the new ATH at $67K.
Subscribe and follow me Odysee.com: https://odysee.com/@FreeForever:d0
Crypto Fear & Greed Index: https://alternative.me/crypto/fear-and-greed-index/
Crypto Bubbles:
https://cryptobubbles.net/
Follow me on Twitter: https://twitter.com/freeforever2020
...
https://www.youtube.com/watch?v=hTgcmYW_laA
This sounds like good news for Theta and the cryptos. At least the market is digging the latest statement from Federal Reserve. So far, Theta is up 7% just minutes ahead of the Katy Perry NFT.
Link to ZeroHedge twitter concerning Federal Reserve:
https://twitter.com/zerohedge
Sign up here for Katy Perry NFT drop:
https://katy.thetadrop.com/
Link to U Discover Music (Theta/Katy Perry article):
https://www.udiscovermusic.com/news/katy-perry-the-roar-package-nft/
Link to U Discover Music tweet:
https://twitter.com/uDiscoverMusic/status/1470814623007969282?s=20
Link to Katy Perry tweet:
https://twitter.com/katyperry/status/1470758679519498248?s=20
Link to Mitch Liu's tweet:
https://twitter.com/mitchliu/status/1470767718387228672?s=20
Subscribe and follow me Odysee.com: https://odysee.com/@FreeForever:d0
Crypto Fear & Greed Index: https://alternative.me/crypto/fear-and-greed-index/
Check out Guardian Monitor: www.guardianmonitor.io
Link to Theta Explorer (TFuel Staking): https://explorer.thetatoken.org/
Link to Theta Next Theta Staking Chart:
https://thetanext.com/history/all
Crypto Bubbles:
https://cryptobubbles.net/
Follow me on Twitter: https://twitter.com/freeforever2020
...
https://www.youtube.com/watch?v=80LFtU5aVho