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In today’s news video, we look at the surging altcoins. They have certainly done well over the last two days, but there really isn’t anything that seems to point to a second altcoin season. In other news, NEO accidentally forks, 60% of the top 100 crypto projects don’t have working products, & could Venezuela making Petro their currency backfire for crypto?

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Links
NEO: https://www.reddit.com/r/NEO/comments/97qm27/how_did_neo_fork/
Crypto Working Products: https://www.bitguru.co.uk/crypto-news/60-of-top-100-cryptocurrencies-have-no-working-product/
Petro: https://www.btcnn.com/venezuelan-government-anchors-its-minimum-wage-to-their-cryptocurrency-the-petro/

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Check out some of my favorite Crypto YouTubers:

Crypto Love: https://www.youtube.com/channel/UCu7Sre5A1NMV8J3s2FhluCw
Crypto Beadles: https://www.youtube.com/channel/UCcE2GkGcKxHjZoMVM7tjmyA
Crypto Crow: https://www.youtube.com/channel/UCwsRWmIL5XKqFtdytBfeX0g
Crypto Disruption: https://www.youtube.com/channel/UCJxYycmlCSHcLaY5h7u5kmg
Keith Wareing: https://www.youtube.com/user/optionxe
I Love Crypto: https://www.youtube.com/channel/UCiMgF08KQ4z-Gnu8o2BLOxA

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48 COMMENTS

  1. You are giving absurd "information" on Venezuela. Why would you want to talk about something you know LITERALLY NOTHING about? You basically repeat vague stuff you read on US mainstream media and opinions of the opposition only. Don't take the things your friend says as a geopolitical reality, unless you want to spread bullshit with your videos. Thanks

  2. I think because enough people has left the alts so now alts are reacting to buyers.
    Concerning Bitcoin price movements, if you check Dollar Index it seems to correspond.

  3. This is such an illogical market, news doesn't seem to drive price, well good news at least. We have literally had a month of good bullish news,and nothing the whole time now we get a bump?…. who knows??? Im glad you dont go into TA on your vids. I have stopped watching so many channels because of TA. There is not enough history to base any kind of lines that are drawn and redrawn and drawn again, proving nothing.
    Keep up the good work! #bitsquad

  4. One of the rare green days but I missed out, lol. But they are all gonna settle down again. Btw it's just crazy how btc dominance just goes down a couple of percent but most alts jump 20%. Because if you see, % of btc dominance going down should be equals to %of avg growth of alts if cmc remains constant. This indicates that the money that pumped alts came from outside now it could be here in the game for long term but I doubt that, it's gonna take nice profit and cash out or go into btc.

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