The Bitcoin Fear & Greed Index
73 🍉 Bitcoin Fear & Greed Index, NFT Corner (Kith & Invisble Friends), Web3 News: (Pharrell & OpenSea shares Seaport), A Conversation With...Together with Dayslice.
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The Bitcoin Fear & Greed Index
NFT Corner: Kith & Invisible Friends
Web3 News: Pharrell says Web3 is scaring the system, Opensea launches “Seaport”
Wednesday 5/25: A Conversation With Chasm
The Bitcoin Fear & Greed Index
Fear and greed…the two most widely used terms when it comes to financial markets. Fear in a given financial market means investors and traders are selling due to poor economic outlook, war, or other negative news. Greed occurs when investors and traders are becoming euphoric due to a booming economy or positive news. Enter the Bitcoin Fear & Greed Index, a scale ranging from 0-100 determining the price and outlook of Bitcoin. The index uses 5 main data sources: Volatility, market momentum/volume, social media, dominance and trends. Here is an example of extreme fear, from May 17th, 2022:
Below is an example of extreme greed. From December 5th, 2020:
Keep in mind this is a macroeconomic indicator and Bitcoin sentiment can stay in fear, greed or remain neutral for quite some time. This index can be used by traders for short term swings and/or long term investors looking to either add or trim their portfolio. Bitcoin Fear is a great resource to learn more and stay up to date with the Bitcoin Fear & Greed Index.
Finally, in these tough times, we leave you with a joke from May 11th. Anyone apply to McDonald’s recently?
- Danny B
NFT Corner with TPan
Why the Kith x Invisible Friends Collab is Visionary
“The fashion brand partnered with Invisible Friends, a 5k NFT collection to auction off nine 1 of 1 (aka unique) Kith NFTs.” Find out more at NFTs with TPan.
Pharrell Williams: Web3 is ‘Scaring the System’
Key Takeaway: At VeeCon, the musician described how he sees blockchain technology changing the world for the better. (source: decrypt)
OpenSea launches new marketplace protocol dubbed 'Seaport'
Key Takeaway: Users can now barter for NFTs using a combination of assets, as well as participate in collection bids. (source: The Block)
A Conversation With Web3 🎙
“A Conversation With” the podcast is on Apple iTunes & Spotify. Hear from industry leaders and professionals as they share their web3 journeys, thoughts, and ideas empowering you to invest early.
🎧 Listen today: EP 24: @FreeMrktCptlst
📆 Wednesday, 5/25 @ 10 PM ET: Chasm
This Wednesday, we welcome Chasm to A Conversation With!
investrly is written weekly by Founder Michael Rippe, with edits and design by Chief Strategist Danny Bopp. Thank you for reading. Share this newsletter with a friend or colleague by slapping the button below and help us continue growing!