- DDCT #150 - 11/21/2022 (No, the metaverse is not dead – it’s inevitable)
#Bitcoin #FTX #Metaverse
I'd like to welcome everyone to my new YOUTUBE CHANNEL
Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.
ARTICLES used in today's video:
https://ambcrypto.com/bitcoin-hits-this-low-but-whats-the-unrevealed-narrative-around-btc/
Bitcoin hits ‘this’ low, but what’s the unrevealed narrative around BTC
Bitcoin’s SOPR hit its lowest point more than two years after the last one
Short-term projections for the king coin showed bearish signs despite more long-term holders remaining in profit
Bitcoin [BTC], for the first time since March 2020, hit its lowest point per Spent Output Profit Ratio (SOPR) on 19 November. According to CryptoQuant analyst Maartunn, it was necessary to touch upon this while considering Bitcoin’s on-chain status.
He further revealed that BTC’s SOPR stood at 0.984 at press time. The metric hitting rock bottom implied that most HODLers sold BTC at a loss.
Disney Plans Big Cuts After its 50th Anniversary Celebration
Disney has a special place in many people’s hearts and the memories. If you breathe air and have been around in the last two centuries, you are bound to have fond memories of Disney. If it’s a Disney movie, a character you fell in love with, songs from the movies or memories from attending one of its many theme parks, there is a certain nostalgia that comes around whenever the word Disney is mentioned.
https://ambcrypto.com/cosmos-taking-a-short-position-on-atom-read-this-to-get-a-clear-picture/
Cosmos: Taking a short position on ATOM? Read this to get a clear picture
Osmosis outperforms other DEXes in terms of development activity
Despite this, Cosmos’ TVL continues to decline, along with its trading volume
Osmosis, a DeFi project on the Cosmos blockchain, could be imperative for the latter’s growth in the DeFi space. This was because Osmosis managed to take a lead among DeFi protocols, such as MakerDAO and Lido in terms of development activity over the last few days.
https://venturebeat.com/virtual/no-the-metaverse-is-not-dead-its-inevitable/
No, the metaverse is not dead – it’s inevitable
Over the last few weeks, many people have asked me the same question: Is the metaverse dead? This pessimism is not surprising, considering that Meta stock has lost over half its value since formally announcing its strategic pivot to the metaverse. Adding insult to injury, last week Meta announced major layoffs across the company, increasing fear throughout the industry.
Trying my best to be objective, I see the current struggles at Meta as a reflection of its legacy business rather than an indication that its metaverse strategy is failing. I believe it will take another year or two before we can really predict whether Meta will be successful in this space, or if other large players will emerge as the true leaders of the metaverse.
https://alternative.me/crypto/fear-and-greed-index/
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DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.
Thank you very much
Dave
Support this podcast at — https://redcircle.com/daves-daily-crypto-take/donations18m - Nov 21, 2022 - DDCT #149 - 11/18/2022 (Justin Bieber bought a Bored Ape NFT in January for $1.3 million that's likely worth about $70,000 in the wake of the FTX collapse)
#Bitcoin #FTX #JustinBieber
I'd like to welcome everyone to my new YOUTUBE CHANNEL
Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.
ARTICLES used in today's video:
https://ambcrypto.com/bitcoin-btc-short-traders-ravage-the-market-as-whales-intensify-accumulation/
Bitcoin [BTC] short-traders ravage the market as whales intensify accumulation
In spite of persistent price decline, Bitcoin whales continue to accumulate.
However, on-chain data suggested that most might be accumulating to short the king coin
Currently trading at a two-year low, Bitcoin [BTC] whales have ramped up the accumulation, on-chain data showed.
https://qz.com/the-grownups-are-now-taking-charge-of-ftx-1849795524
The grownups are now taking charge of FTX
The job of new FTX CEO John Ray III, who was appointed in the wake of the cryptocurrency exchange’s bankruptcy filing, is ostensibly to guide FTX through a complicated restructuring and try to get the exchange’s creditors and customers their money back.
https://ambcrypto.com/dogecoin-doge-buyers-can-leverage-this-patterns-break-to-their-benefit/
Dogecoin [DOGE] buyers can leverage this pattern’s break to their benefit
While defending the $0.07 baseline, Dogecoin formed a bearish pattern on its daily chart.
DOGE’s Social volumes declined but its funding rate unveiled some hope.
Dogecoin’s [DOGE] reversal from the $0.07 support finally broke the streak of red candles as the buyers attempted to change the narrative. Consequently, the meme coin grew but flattened near the 200 EMA (green).
Justin Bieber bought a Bored Ape NFT in January for $1.3 million that's likely worth about $70,000 in the wake of the FTX collapse
Justin Bieber's bought a Bored Ape NFT for $1.3 million in January. It's now probably worth $70,000, according to NFT Price Floor.
The 95% drop in valuation comes after Sam Bankman-Fried's FTX collapsed and caused crypto prices to crash.
Bored Ape isn't the only ethereum-fueled NFT collection impacted by the crypto crash.
https://alternative.me/crypto/fear-and-greed-index/
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DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.
Thank you very much
Dave
Support this podcast at — https://redcircle.com/daves-daily-crypto-take/donations14m - Nov 18, 2022 - DDCT #148 - 11/17/2022 (FTX Employees Were Encouraged to Keep Life Savings in the Now-Bankrupt Exchange, Sources Say)
#Bitcoin #FTX #Tombrady
I'd like to welcome everyone to my new YOUTUBE CHANNEL
Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.
ARTICLES used in today's video:
https://ambcrypto.com/sec-v-ripple-16-companies-granted-motion-to-file-amicus-brief/
SEC v. Ripple: 16 companies granted a motion to file an amicus brief
The latest hearing for SEC’s lawsuit against Ripple saw the latter gaining a significant advantage
The judge has given until 18 November for 16 companies to file their briefs
More than two months after the first request to file amicus curiae was submitted to the court in SEC v. Ripple, presiding Judge Analisa Torres has finally granted the ‘friend of the court’ to actually show up in court in support of Ripple.
Sam Bankman-Fried tries to explain himself
Last night, Sam Bankman-Fried DMed me on Twitter.
That was surprising. I’d spoken to Bankman-Fried via Zoom earlier in the summer when I was working on a profile of him, so I reached out to him via DM on November 13, after news broke that his cryptocurrency exchange had collapsed, with billions in customer deposits apparently gone. I didn’t expect him to respond — typically, people under investigation by both the Securities and Exchange Commission and the Department of Justice don’t return requests for comment.
Tom Brady, Steph Curry, Other Major Celebrities Sued For FTX Endorsement
Tampa Bay Buccaneers quarterback Tom Brady and Golden State Warriors guard Stephen Curry are among the notable backers being sued for endorsing FTX, along with the cryptocurrency company and its former CEO Sam Bankman-Fried, a copy of the lawsuit shared by The Block crypto reporter Stephanie Murray on Wednesday (November 16) revealed.
FTX Employees Were Encouraged to Keep Life Savings in the Now-Bankrupt Exchange, Sources Say
Retail and institutional investors weren’t the only ones to get rug pulled by FTX’s swift and stunning collapse last week.
In addition to losing their jobs at the now-bankrupt exchange, many of FTX’s employees also appear to have significant amounts of personal wealth locked in the platform – wealth that is likely gone after being sucked into the black hole of the FTX disaster.
https://alternative.me/crypto/fear-and-greed-index/
Please subscribe, like, and share so that more and more people can view this content.
DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.
Thank you very much
Dave
Support this podcast at — https://redcircle.com/daves-daily-crypto-take/donations20m - Nov 17, 2022 - DDCT #147 - 11/16/2022 (Bitcoin: Assessing the odds of BTC investors surviving the ‘long winter’)
#Bitcoin #Binance #CZ
I'd like to welcome everyone to my new YOUTUBE CHANNEL
Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.
ARTICLES used in today's video:
https://fortune.com/crypto/2022/11/15/binance-cz-crypto-first-time-investors-advice-ftx-sbf/
The head of the world’s largest crypto exchange says that most people shouldn’t invest right now
Even the crypto industry’s leaders are cautioning investors against buying the dip.
With cryptocurrency prices so low, it might seem like a good time for first-time buyers to invest, after industry figureheads like Microstrategy’s Michael Saylor and Tesla’s Elon Musk popularized the “buy the dip” crypto trend this year.
But the market is going through unprecedented turbulence right now after last week’s sudden implosion of FTX—one of the largest crypto exchanges—and the fall from grace of its founder and ex-CEO Sam Bankman-Fried, a former hero to crypto insiders. Combined with a crypto winter that has dragged down cryptocurrency prices since last spring, the market is rife with uncertainty and low consumer confidence.
https://ambcrypto.com/how-has-the-ftx-collapse-impacted-btc-hodlers-this-data-reveals/
Bitcoin holders, whales, and miners: The impact of FTX on the state of BTC
Bitcoin HODLers withdraw historic amounts of BTC from exchanges
Miners continue to feel the pressure amidst the FUD
The mistrust in exchanges has continued unabated ever since the FTX collapse. Now, in an unprecedented move, many BTC HODLers have started withdrawing huge amounts of Bitcoin out of their exchange wallets.
https://www.euronews.com/next/2022/11/15/fintech-crypto-weekly
Cryptoverse: So long, Solana? Ether rival clobbered by FTX crash
The cryptocurrency, which had been lauded by FTX‘s founder Sam Bankman-Fried, has been hit harder than any other major coin by the collapse of the exchange.
The Solana token, or SOL, has dropped 53.8% since the furor began unfolding on Nov. 2. By comparison, ether has fallen about 20% and bitcoin 19%.
https://ambcrypto.com/bitcoin-assessing-the-odds-of-btc-investors-surviving-the-long-winter/
Bitcoin: Assessing the odds of BTC investors surviving the ‘long winter’
BTC held by the exchange was at an all-year low
MVRV Ratio and weighted sentiments were up
Elon Musk recently posted a tweet regarding Bitcoin [BTC], wherein he mentioned that “BTC will make it, but might be a long winter.”
https://alternative.me/crypto/fear-and-greed-index/
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DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.
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Dave
Support this podcast at — https://redcircle.com/daves-daily-crypto-take/donations15m - Nov 16, 2022 - DDCT #146 - 11/15/2022 (Billionaire Mark Cuban Assigns Blame Over Crypto Crisis) Inbox
#Bitcoin #SamBankmanFried #FTXarena
I'd like to welcome everyone to my new YOUTUBE CHANNEL
Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.
ARTICLES used in today's video:
FTX files for bankruptcy and Sam Bankman-Fried steps down as CEO after crypto exchange fails to secure bailout
FTX announced it was filing for Chapter 11 bankruptcy along with Alameda Research and affiliated companies.
Sam Bankman-Fried resigned from his role as CEO of FTX, though he will remain to assist an orderly transition.
The new CEO, John J. Ray III, previously was brought in by Enron to clean up its finances.
https://ambcrypto.com/avalanche-this-level-can-make-or-break-avaxs-potential-to-rebound/
Avalanche: This level can make or break AVAX’s potential to rebound
Avalanche broke into high volatility to highlight a visible selling edge on its chart.
The crypto’s funding rates marked an improvement but were yet to turn positive.
https://www.totalprosports.com/nba/adult-website-miami-heat-naming-rights/
Adult Website Offers Miami Heat $10 Million For Arena Naming Rights (TWEET)
The FTX arena is no more.
FTX purchased the naming rights for the Heat arena last year in a massive 19-year, $135 million deal.
Billionaire Mark Cuban Assigns Blame Over Crypto Crisis
Mark Cuban is not happy and makes it known.
The successful entrepreneur seems, like most business circles, to have been shocked by the implosion, in less than a week, of FTX, one of the big players in the crypto sphere.
The cryptocurrency exchange filed for Chapter 11 bankruptcy on Nov. 11, after three turbulent days, which saw a company valued at $32 billion in February urgently calling on its rivals for help.
https://alternative.me/crypto/fear-and-greed-index/
Please subscribe, like, and share so that more and more people can view this content.
DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.
Thank you very much
Dave
Support this podcast at — https://redcircle.com/daves-daily-crypto-take/donations16m - Nov 15, 2022 - DDCT #145 - 11/11/2022 (‘I’m sorry, I f****d up.’ Sam Bankman-Fried needs $4 billion. Fast)
#Bitcoin #SamBankmanFried #OdellBeckhamJr
I'd like to welcome everyone to my new YOUTUBE CHANNEL
Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.
ARTICLES used in today's video:
https://ambcrypto.com/does-the-recent-aave-dip-offer-a-buying-opportunity-or-will-the-bears-prevail/
Does the recent Aave dip offer a buying opportunity, or will the bears prevail
The drop below $79 flips the market structure to bearish
Some outflows from the exchanges suggest a mild possibility of a bullish scenario
Since 5 November, USDT (Tether) Dominance shot upward from 6.81% to 8.38%. This showed that market participants fled from crypto assets into holding stablecoins such as Tether. Fear dominated the markets in the wake of the news about FTX’s insolvency. Aave performed quite well in the past month.
https://www.totalprosports.com/nfl/odell-beckham-jr-salary-loss-bitcoin-decline/
If Odell Beckham Jr. Is Still Holding On To The Bitcoin He Was Paid To Play In 2021, It’s Now Worth NEGATIVE $190k
Back in 2021, celebrities putting money in Bitcoin seemed like the way to go for the future, but everything is a risk in life, and a lot of them are taking a big hit.
When the Cleveland Browns decided to drop Odell Beckham Jr. from their team, the Los Angeles Rams signed the wide receiver, OBJ opted to take his entire NFL salary in Bitcoin. At the time, Bitcoin was hitting all-time highs and breaking currency records.
https://ambcrypto.com/is-usdt-exposed-to-ftx-read-what-this-tether-exec-has-to-say/
Is USDT exposed to FTX? Read what this Tether exec has to say
Members of the cryptocurrency community have been questioning prominent stablecoin companies about their engagements with FTX and FTT. Perhaps, out of worry that a repeat of the Terra scenario might transpire. Paolo Ardoino, the CTO of Tether, was recently asked about the cryptocurrency’s potential risk from FTT as well.
https://fortune.com/crypto/2022/11/10/sam-bankman-fried-sorry-ftx-needs-4-billion-fast/
‘I’m sorry, I f****d up.’ Sam Bankman-Fried needs $4 billion. Fast
Sam Bankman-Fried is on a race to secure $4 billion to save FTX, after rival Binance ditched its 11th-hour bid to buy the collapsing crypto exchange.
Bankman-Fried reportedly told investors on Wednesday evening that FTX is facing a shortfall of funds up to $8 billion and is in danger of bankruptcy if the company doesn’t receive at least $4 billion to stay solvent, according to separate reports from Bloomberg and the Financial Times. Bankman-Fried said FTX is willing to take the cash in whatever form it comes in, be it debt, equity, or a mixture of both.
https://alternative.me/crypto/fear-and-greed-index/
https://coinmarketcap.com/
Please subscribe, like, and share so that more and more people can view this content.
DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.
Thank you very much
Dave
Support this podcast at — https://redcircle.com/daves-daily-crypto-take/donations17m - Nov 11, 2022 - DDCT #144 - 11/10/2022 (Tom Brady Could Lose Millions in this Latest Drama)
#Bitcoin #SamBankmanFried #TomBrady
I'd like to welcome everyone to my new YOUTUBE CHANNEL
Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.
ARTICLES used in today's video:
Crypto Billionaire Bankman-Fried Loses Entire Fortune in One Day
This day of Nov. 8, Sam Bankman-Fried will never forget it.
The young 30-year-old billionaire was just before that day considered the tutelary figure of the crypto sphere. A sort of godfather to turn to when things go wrong.
He owed this image to his tour de force during the summer to bail out and save crypto firms struggling due to a credit crunch caused by the sudden collapse of the cryptocurrencies Luna and UST or TerraUSD, two tokens issued by the Terraform Labs platform.
Department of Justice seized $3 billion in Bitcoin found in underground safe and popcorn tin after Silk Road fraud
The US Department of Justice has revealed a massive seizure of over 50,000 Bitcoin, the second biggest seizure the department has ever made.
The DoJ said that Bitcoin was seized from James Zhong who pled guilty to committing wire fraud in September 2012 when he unlawfully obtained over 50,000 Bitcoin from the Silk Road dark web internet marketplace. Zhong pled guilty on Friday, November 4.
https://finbold.com/crypto-market-bleeds-out-100-billion-in-ftx-drama-aftermath/
Crypto market bleeds out $100 billion in FTX drama aftermath
After the developments surrounding one of the largest cryptocurrency exchanges sent shockwaves across the crypto sector, most of its participants continue to count their losses, with the market as a whole losing tens of billions of dollars.
As it happens, the carnage following the FTX drama has inflicted a grievous wound to the crypto market capitalization, bleeding it by more than $100 billion in a day, as per data retrieved by Finbold from CoinMarketCap on November 9.
Tom Brady Could Lose Millions in this Latest Drama
Tampa Bay Buccaneers Tom Brady reportedly could lose millions due to his massive cryptocurrency investments, according to CoinDesk.com.
Brady and his ex-wife, Gisele Bündchen, took part in a long-term partnership with both FTX.com and FTX.US, which made Brady a brand ambassador and Bündchen an environmental and social initiatives adviser.
https://alternative.me/crypto/fear-and-greed-index/
Please subscribe, like, and share so that more and more people can view this content.
DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.
Thank you very much
Dave
Support this podcast at — https://redcircle.com/daves-daily-crypto-take/donations18m - Nov 10, 2022 - DDCT #143 - 11/9/2022 (China’s Digital Yuan Works Just Like Cash—With Added Surveillance) Inbox
#Bitcoin #SamBankmanFried #FTXBinance
I'd like to welcome everyone to my new YOUTUBE CHANNEL
Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.
ARTICLES used in today's video:
https://ambcrypto.com/holding-eth-at-a-loss-you-may-want-to-read-this-before-making-your-next-trade/
Holding ETH at a loss? You may want to read this before making your next trade
Since the end of October, all categories of Ethereum [ETH] holders embarked on a buy-the-dip spree, data from Santiment revealed. According to the on-chain analytics platform, the leading altcoin witnessed a surge in coin accumulation by small, medium, and large traders since late October.
FTX on brink of collapse after “liquidity crunch” at crypto exchange
The digital assets industry has been shaken by the near-collapse of Sam Bankman-Fried’s FTX, one of the largest crypto exchanges, which clinched a rescue deal with arch-rival Binance after a surge in customer withdrawals sparked a liquidity crisis.
Binance chief executive Changpeng “CZ” Zhao wrote on Twitter that FTX had “asked for our help,” adding: “There is a significant liquidity crunch.” Binance has signed a letter of intent to buy FTX but said it had “the discretion to pull out from the deal at any time.”
Bitcoin Whales In A Frenzy As BTC Transaction Volume Reaches One-Month High
The seven-day moving average of Bitcoin's transaction volume reached a one-month high of $1,678.6 million on Nov. 7, per Glassnode data.
A heightened level of on-chain activity often coincides with significant market movements, such as an inflow or outflow of capital.
https://www.wired.com/story/chinas-digital-yuan-ecny-works-just-like-cash-surveillance/
China’s Digital Yuan Works Just Like Cash—With Added Surveillance
VISA HAS LONG paid to be the sole payments processor at the Olympic Games. But at the Winter Olympics in Beijing earlier this year it had competition—from the Chinese government. Visitors could, after scanning their passports, exchange foreign bills for eCNY, a new digital currency being rolled out by the country's central bank, the People’s Bank of China. Visitors could splash their digital cash by using a card or mobile app to pay for things around the Olympic Village.
https://alternative.me/crypto/fear-and-greed-index/
Please subscribe, like, and share so that more and more people can view this content.
DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.
Thank you very much
Dave
Support this podcast at — https://redcircle.com/daves-daily-crypto-take/donations20m - Nov 9, 2022 - DDCT #142 - 11/8/2022 (Beeple Is Bringing 'Immersive 3D NFTs' to Solana)
#Bitcoin #Beeple #Lebanon
I'd like to welcome everyone to my new YOUTUBE CHANNEL
Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.
ARTICLES used in today's video:
https://finbold.com/bitcoin-price-prediction-for-december-31-2022/
Bitcoin price prediction for December 31, 2022
Bitcoin (BTC) has regained the $21,000 level in November after weeks of consolidating around $20,000, characterized by sideways price movement. Notably, investors are exploring potential signals for the asset’s price bottom that would likely usher in a new rally.
Indeed, Bitcoincenter’s rainbow price chart is among the tools used to gauge Bitcoin’s performance by highlighting the asset’s past trends alongside insights into long-term price movement. The tool is also known as the fun chart indicating the market sentiments in colored bands.
https://ambcrypto.com/nears-conflict-with-market-bulls-proves-the-protocol-may-have-a-mind-if-its-own/
NEAR’s conflict with market bulls proves the protocol may have a mind if its own
The last month was marked by positive price corrections in the cryptocurrency market, which sent the price of alts like Dogecoin [DOGE] rallying by 100%. According to data from CoinGecko, global cryptocurrency market capitalization grew by 9% in the last 30 days.
https://www.cnbc.com/2022/11/05/-in-bankrupt-lebanon-locals-mine-bitcoin-and-buy-groceries-with-tether.html
In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether, as $1 is now worth 15 cents
Once known for its stable and investment-friendly banking system, Lebanon has plunged into chaos as hyperinflation grips the country and banks force huge haircuts on dollar withdrawals.
To make ends meet in a financial system that no longer makes sense, some Lebanese are mining bitcoin or storing wealth using the cryptocurrency.
The dollar-pegged stablecoin tether, which users trade for cash, is also popular.
https://alternative.me/crypto/fear-and-greed-index/
https://coinmarketcap.com/
Please subscribe, like, and share so that more and more people can view this content.
DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.
Thank you very much
Dave
Support this podcast at — https://redcircle.com/daves-daily-crypto-take/donations29m - Nov 8, 2022 - DDCT #141 - 6/24/2022 (Should You Buy the Crypto Dip While Bitcoin and Ethereum Prices Are Down? Here’s What Experts Say)
#Bitcoin #Cryptodip #Buythedip
I'd like to welcome everyone to my new YOUTUBE CHANNEL
Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.
ARTICLES used in today's video:
https://ambcrypto.com/bitcoin-the-cost-for-maintaining-this-firms-hodl-strategy-3k-btcs/
Bitcoin: The cost of maintaining this firm’s HODL strategy? 3K BTCs…
Canadian cryptocurrency mining business Bitfarms has sold more than $62 million in Bitcoin in June, using the proceeds to settle its debt. About 3,000 Bitcoins, or roughly 47% of Bitfarms’ total holdings of about 6,349 BTC, have been sold in the preceding seven days, according to a statement released on Tuesday.
According to the company, it will “rebalance its liabilities by lowering its BTC-backed credit facility with Galaxy Digital,” with the $62 million from BTC sales. As of the time of writing, Bitfarms’ debt was $38 million after using the cryptocurrency it sold in June to reduce its credit facility from $100 million to $66 million.
https://bitcoinist.com/purpose-bitcoin-etf-suffers-massive-outflows/
Canadian Purpose Bitcoin ETF Suffers Massive Outflows, But Others Are Picking Up The Slack
With the decline in bitcoin prices have come various implications for different types of investors. Retail investors with direct exposure to the market have taken heavy losses, as have the institutional investors. The most prominent of these have been in the Canadian Bitcoin ETF, Purpose, which had recorded some of the largest losses in the space.
Your email is a major source of security risks and it's getting worse
Malware delivered to email accounts rose 196% in 2021 year on year, according to cybersecurity firm Trend Micro, which warns that email remains a major avenue for criminals looking to deliver malware and phish account credentials.
https://fortune.com/2022/06/23/vitalik-buterin-crypto-utopia-wealth-signaling-yacht-three-arrows/
Vitalik Buterin says he wants to turn the world into a utopia where ‘rich people’s desire for wealth signaling’ doesn’t go to ‘wasteful zero sum crap’ like a superyacht
The creator of Ethereum has a unique goal for society.
“I want to make our world more like the Yudkowskian dath ilan utopia,” Vitalik Buterin tweeted on Thursday, referring to a fictional, parallel Earth called dath ilan, created by artificial intelligence researcher, safety activist, and writer Eliezer Yudkowsky. In this “utopia,” he said, “instead of rich people’s desire for wealth signaling going into wasteful zero sum crap, it goes into supporting public goods.”
https://time.com/nextadvisor/investing/cryptocurrency/should-i-buy-crypto-dip/
Should You Buy the Crypto Dip While Bitcoin and Ethereum Prices Are Down? Here’s What Experts Say
In case you didn’t know, bitcoin is on discount right now.
That’s according to two experts and a major financial institution who say bitcoin is currently undervalued at $20,000. JPMorgan Chase recently valued the coin at $38,000 — roughly 90% more than its current price.
https://alternative.me/crypto/fear-and-greed-index/
Please subscribe, like, and share so that more and more people can view this content.
DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.
Thank you very much
Dave
Support this podcast at — https://redcircle.com/daves-daily-crypto-take/donations21m - Jun 24, 2022 - DDCT #140 - 6/21/2022 (How to make money from NFTs without selling them)
#Bitcoin #MichaelSaylor #NFT
I'd like to welcome everyone to my new YOUTUBE CHANNEL
Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.
ARTICLES used in today's video:
https://ambcrypto.com/cardano-ada-plotting-the-path-to-a-125-rally-after-1-august/
Cardano [ADA]: Plotting the path to a 125% rally after 1 August
The crypto-winter turned crypto-blizzard has led to tokens facing some of their most difficult days. Cardano [ADA] is one such altcoin that has receded back into the bearish zone. Additionally, the bearish zone at this point has become the crypto’s second home, especially considering its performance over the last year.
Bitcoin whale Michael Saylor urges governments to step in and regulate crypto’s ‘parade of horribles’
The world’s largest public holder of Bitcoin called on regulators to finally tackle a laundry list of risky, immature crypto industry practices, or “parade of horribles”, that are unfairly weighing on the price of its asset.
Microstrategy CEO Michael Saylor argues the over 19,000 cryptocurrencies and digital tokens in circulation must be viewed as “unregistered securities” that cannot be likened to a hard commodity like Bitcoin—which has no issuer, no management, no employees, no product cycle and only a finite supply.
https://edition.cnn.com/2022/06/20/success/savings-mistakes-financial-life/
5 savings mistakes people make when building their financial life
The road to financial independence is not easy, and usually requires patience and diligence early on.
For young people still trying to establish their careers, focusing on retirement or saving for the future may not seem like a top priority. But making the wrong money moves early on can be costly.
Here are the five most common mistakes young adults are making when building their financial lives:
Elon Musk Is Still Buying Dogecoin, If You Join Him And Invest $100, Here's How Much You'll Have If DOGE Gets Back To 25 Cents
Elon Musk has called Dogecoin his favorite cryptocurrency.
He has often been a catalyst to help boost the price of DOGE.
https://bitcoinist.com/how-to-make-money-from-nfts-without-selling-them/
How to make money from NFTs without selling them
Are you feeling wrong about the current crypto and NFT market? So are we. How long will it last? No one knows.
But there is a plan. This whole period can be turned into a very profitable activity. There is no need to call or persuade anyone to order something, then participate in the pyramid and end up disappointed. Creativity is the essential ingredient. Well, there’s also the 0X0.ART NFT ticket, which you can sell at any time. But is it worth it if it’s going to lay golden eggs? Read on to understand the genius behind the idea.
https://alternative.me/crypto/fear-and-greed-index/
Please subscribe, like, and share so that more and more people can view this content.
DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.
Thank you very much
Dave
Support this podcast at — https://redcircle.com/daves-daily-crypto-take/donations23m - Jun 21, 2022 - DDCT #139 - 6/20/2022 (What the crypto collapse means for El Salvador's economy)
#Bitcoin #Litecoin #Elsalvador
I'd like to welcome everyone to my new YOUTUBE CHANNEL
Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.
ARTICLES used in today's video:
https://ambcrypto.com/litecoin-evaluating-the-possibility-of-ltc-going-back-to-100/
Litecoin: Evaluating the possibility of LTC going back to $100
Litecoin [LTC] is one of the few altcoins that is managing to recover the losses gradually. This on all fronts is indicating a possible trend reversal.
While resistance from the broader market cues is natural, the support it has from its investors will play a crucial role in helping the cryptocurrency recover quickly.
https://www.cnbc.com/2022/06/18/bitcoin-price-drops-below-18600-as-sell-off-accelerates.html
Bitcoin briefly dropped below $17,800 as sell-off accelerates — here’s what happened
Bitcoin fell to about $17,749, and ether fell to about $897 on Saturday afternoon, as the sell-off in the crypto market accelerates.
Bitcoin bounced back to around $18,955 and ether was trading at about $955 just after 8 p.m. ET.
Bitcoin peaked at $68,789.63 in November.
The Crypto Crash: all Ponzi schemes topple eventually
One week ago, as cryptocurrency prices plummeted, Celsius Network – an experimental cryptocurrency bank with more than one million customers that has emerged as a leader in the murky world of decentralized finance, or DeFi – announced it was freezing withdrawals “due to extreme market conditions”.
If You Invested $100 In Tesla, Apple, Bitcoin, Ethereum And Dogecoin 5 Years Ago, Here's How Much You'd Have Now
As good as investors in the major U.S. indices have had it in recent years, cryptocurrencies and a number of large-cap tech stocks have performed that much better. Cryptocurrency and tech bulls who bought in 2017 and held through when U.S. markets bottomed out in March 2020, despite the recent volatility, have been treated to epic returns on their investment.
https://www.npr.org/2022/06/19/1106168947/what-the-crypto-collapse-means-for-el-salvadors-economy
What the crypto collapse means for El Salvador's economy
The recent collapse in the value of cryptocurrencies has left a lot of investors in those digital assets in a lot of pain. The collapse is also causing trouble in El Salvador, whose president, Nayib Bukele, last year adopted bitcoin as one of the country's legal tenders alongside the U.S. dollar and has invested more than $100 million in bitcoin. To help us better understand what this could mean for El Salvador's economy, we're joined by Julio Sevilla. He's an associate professor at the Terry College of Business at the University of Georgia. Julio Sevilla, welcome to ALL THINGS CONSIDERED.
https://alternative.me/crypto/fear-and-greed-index/
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DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.
Thank you very much
Dave
Support this podcast at — https://redcircle.com/daves-daily-crypto-take/donations26m - Jun 20, 2022 - DDCT #138 - 6/17/2022 (Tried to rob shop after losing money needed for his wedding to a crypto scam)
#Bitcoin #BillGates #NFTs
I'd like to welcome everyone to my new YOUTUBE CHANNEL
Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.
ARTICLES used in today's video:
https://bitcoinist.com/bear-market-doesnt-affect-interest-in-crypto-bofa/
Bear Market What? Bank of America Study Shows Interest In Crypto Remains Strong
The bear market is making things difficult for most stakeholders in the crypto industry, but a recent survey by the Bank of America shows that despite the pain, people’s interest in crypto and digital assets remains high.
On Tuesday, Bank of America Global Research released a study detailing the findings of their “inaugural crypto/digital asset survey,” which was conducted at the beginning of this month.
U.S. man sues Elon Musk, SpaceX and Tesla for $258 billion on behalf of investors allegedly defrauded by Dogecoin pyramid scheme
Elon Musk, SpaceX and Tesla Inc. were sued for $258 billion over claims they are part of a racketeering scheme to back the cryptocurrency Dogecoin.
Keith Johnson, “an American citizen who was defrauded out of money by defendants’ Dogecoin Crypto Pyramid Scheme,” sued Musk and his companies, claiming they constitute an illegal racketeering enterprise to inflate Dogecoin’s price.
https://www.tipranks.com/news/article/here-are-three-stocks-likely-to-survive-the-crypto-carnage/
Here Are Three Stocks Likely to Survive the Crypto Carnage
The cryptocurrency markets have seen a bloodbath recently as cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) have seen unprecedented drawdowns. While Bitcoin has more than halved in value by 53% this year and is currently hovering around the $22,000 mark, Ethereum has tanked by 67.6% and is currently near the $1,200 mark.
https://bossip.com/2137594/bill-gates-nfts/
Bill Gates Pokes Fun At NFTs And ‘Expensive Digital Images of Monkeys,’ Says He’s ‘Not Involved’
No matter where you look these days, it seems like every internet personality with a little bit of cash is trying to convince you NFTs are the next big thing. But, here’s one billionaire who isn’t on board with this new business: Bill Gates.
In a new interview for TechCrunch’s Sessions: Climate 2022 event, the Microsoft founder referenced the wildly popular Bored Ape Yacht Club NFT collection by jokingly suggesting their existence is doing something to improve the state of the world.
Moment groom-to-be, 25, tried to rob corner shop at gunpoint after he lost all the money he needed for his wedding to a cryptocurrency scam – as he is spared jail
Louis Crosby, 25, 'naively' converted his savings into a digital cash investment
But the groom-to-be soon learned he was the victim of a cryptocurrency scam
He then tried to rob a Premier news shop at gunpoint but was fought off by staff
Crosby, of Sunderland, Tyne and Wear, received a two-year suspended sentence
https://alternative.me/crypto/fear-and-greed-index/
Please subscribe, like, and share so that more and more people can view this content.
DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.
Thank you very much
Dave
Support this podcast at — https://redcircle.com/daves-daily-crypto-take/donations21m - Jun 17, 2022 - DDCT #137 - 6/16/2022 (Three Big Reasons Crypto Is in Trouble Right Now)
#Bitcoin #KevinOleary #NFT
I'd like to welcome everyone to my new YOUTUBE CHANNEL
Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.
ARTICLES used in today's video:
https://fortune.com/2022/06/15/ethereum-maximalist-mark-cuban-crypto-crash-warren-buffett-advice/
Ethereum maximalist Mark Cuban says the crypto crash reminds him of Warren Buffett’s advice: ‘When the tide goes out, you get to see who is swimming naked’
The cryptocurrency market is seeing a flash of failed and struggling projects amid a rough downturn that has left investors fearful over what’s to come.
Looking ahead, billionaire Mark Cuban sees extinction.
“In stocks and crypto, you will see companies that were sustained by cheap, easy money—but didn’t have valid business prospects—will disappear,” the Shark Tank investor and Dallas Mavericks owner told Fortune. “Like [Warren] Buffett says, ‘When the tide goes out, you get to see who is swimming naked.’”
https://ambcrypto.com/xrp-hinmans-speech-stuart-alderotys-comments-making-sense-of-it-all/
XRP, Hinman’s speech, Stuart Alderoty’s comments- Making sense of it all
The SEC filed a lawsuit in December 2020 against San Francisco-based firm Ripple Labs. The fintech firm allegedly raised funds through the sale of digital assets known as XRP in unregistered securities. It’s been more than two years, but a concrete outcome to this litigation seems far away.
Furthermore, repetitive delays are making things worse for XRP holders who blamed the SEC for the same.
https://www.nerdwallet.com/article/investing/cryptocurrency
Cryptocurrency: What it is and How it Works
What is cryptocurrency?
A cryptocurrency (or “crypto”) is a digital asset that can circulate without the need for a central monetary authority such as a government or bank. Instead, cryptocurrencies are created using cryptographic techniques that enable people to buy, sell or trade them securely.
How does cryptocurrency work?
Bitcoin and most other cryptocurrencies are supported by a technology known as blockchain, which maintains a tamper-resistant record of transactions and keeps track of who owns what. The creation of blockchains addressed a problem faced by previous efforts to create purely digital currencies: preventing people from making copies of their holdings and attempting to spend it twice
[1]
.
Kevin O'Leary says the crypto market won't hit bottom until there's panic: 'we need someone to go to zero'
Kevin O'Leary said the cryptocurrency market won't hit a bottom until there is a panic event.
"In the crypto world, we need someone to go to zero," he told CoinDesk.
The "Shark Tank" star's comments come as cryptos continue to edge lower Wednesday.
Three Big Reasons Crypto Is in Trouble Right Now
If you’ve detected some digital tears amid the sea of ape and punk avatars on Twitter, it’s because—not for the first time this year—cryptocurrencies are experiencing a major nosedive. Bitcoin briefly dropped below $20,000 Wednesday morning for the first time since December 2020, and other popular currencies like Ethereum have also plunged to their lowest levels in years. Binance, the world’s biggest crypto exchange, had to halt Bitcoin withdrawals on its platform for a few hours on Tuesday. Yahoo Finance reports that on Monday, $1 billion worth of currency was liquidated from the market over a 24-hour period; overall, crypto has lost two-thirds of its market share since its November peak.
https://alternative.me/crypto/fear-and-greed-index/
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DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.
Thank you very much
Dave
Support this podcast at — https://redcircle.com/daves-daily-crypto-take/donations31m - Jun 16, 2022 - DDCT #136 - 6/15/2022 (What Happens if Bitcoin Falls Below $20,000?)
#Bitcoin #MichaelSaylor #cryptocrash
I'd like to welcome everyone to my new YOUTUBE CHANNEL
Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.
ARTICLES used in today's video:
https://ambcrypto.com/between-ethereum-and-its-merge-what-is-stopping-eths-recovery-on-the-charts/
Between Ethereum and its Merge, what is stopping ETH’s recovery on the charts
Ethereum [ETH]’s much-awaited “Merge” is here. And it is here to create the much-anticipated shift in paradigm i.e. the shift from Proof-of-Work (PoW) to Proof-of-Stake (PoS). Much has been said about ETH’s merger, however, how has the token faired amid the ongoing changes to the network? Let’s find out…
https://qz.com/2177569/the-biggest-corporate-holder-of-bitcoin-is-facing-a-reckoning/
The biggest corporate holder of bitcoin is facing a reckoning
MicroStrategy is famous for owning more bitcoin than any other publicly-traded company. As of June 14, the Virginia-based business intelligence company holds 129,218 bitcoins, more than two-and-a-half times as much as Tesla, the next largest bitcoin owner. That bitcoin is now worth about $2.9 billion, less than half of the roughly $6 billion it was worth just two months ago.
https://observer.com/2022/06/coinbase-and-its-ceo-are-melting-down/
Coinbase and Its CEO Are Melting Down
For a time, Coinbase looked like one of the great success stories of the cryptocurrency era. The company built one of the best-known and most reliable crypto exchanges in the world (although most of its customers are in the US). Its assets under management ballooned from $11 billion in 2018 to $223 billion in 2021. And its initial public offering in April 2021 was exquisitely timed to harness bitcoin’s upward trajectory. The Observer included Coinbase in its 2022 list of the most important companies in decentralized finance.
S&P 500 bear market deepens further ahead of the Fed meeting
Stocks see-sawed between gains and losses after Monday's painful selloff which put the S&P 500 into a bear market.
The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all opened higher on Tuesday, but the Nasdaq was the only index to close higher, up 19 points or 0.18%. The S&P 500 closed down about 14 points, or 0.4% while the Dow closed down 151 points, or 0.5%.
https://decrypt.co/102952/what-happens-if-bitcoin-falls-below-20000
What Happens if Bitcoin Falls Below $20,000?
As bearish sentiment floods financial markets, experts are weighing in on whether Bitcoin will plunge below the $20,000 mark—and what might happen if it does.
Bitcoin, now firmly in a bear market, is currently trading at just above $22,000, a remarkable fall from its all-time high price of nearly $69,000—and a drop that most observers attribute to worsening macro-economic conditions, such as rising inflation and interest rates.
https://alternative.me/crypto/fear-and-greed-index/
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DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.
Thank you very much
Dave
Support this podcast at — https://redcircle.com/daves-daily-crypto-take/donations24m - Jun 15, 2022 - DDCT #135 - 6/13/2022 (Crypto lender celsius pauses withdrawals transfers citing extreme market conditions)
#Bitcoin #Celsius #Marketcrash
I'd like to welcome everyone to my new YOUTUBE CHANNEL
Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
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ARTICLES used in today's video:
As investors dump LINK, take a look at the ‘chain’ reactions that triggered this
Chainlink was on a solid uptrend for the last two weeks before the broader market crash terminated the rally and brought the coin back down. The last 24 hours have been marked as the third time in this year alone that Chainlink’s attempts at recovery have been crushed by the bears.
More Pain Ahead For Ethereum? Celsius Crashes 55% As It Halts Withdrawals Over 'Extreme Market Conditions'
Cryptocurrency lending firm Celsius
CEL/USD
says it is pausing all withdrawals, swaps and transfers between accounts.
What Happened: Celsius said in a statement late Sunday it is taking the steps “due to extreme market conditions.”
“We are announcing that Celsius is pausing all withdrawals, Swap, and transfers between accounts. We are taking this action today to put Celsius in a better position to honor, over time, its withdrawal obligations,” the firm said.
Economist Peter Schiff Explains Why He Expects Bitcoin to Crash as Recession Deepens — Warns 'Don't Buy This Dip'
Economist and gold bug Peter Schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether. He explained that “The need to sell bitcoin to pay the bills will only get worse as the recession deepens,” adding that bitcoin is poised to crash to $20K while ether will sink to $1K.
Treasury Secretary Janet Yellen Issues Serious Crypto Warning As Sudden Price Crash Hits Bitcoin, Ethereum, BNB, Solana, Cardano And XRP
The bitcoin price has dropped under $29,000 per bitcoin, its lowest since late May, as stocks suffered their worst week since January following a red-hot inflation report that exceeded economists’ forecasts. Ethereum has crashed more than 10% after developers again delayed a long-awaited upgrade, with top ten coins BNBBNB -3.6%, solana, cardano and XRPXRP -2.4% also crashing back.
Crypto lender celsius pauses withdrawals transfers citing extreme market conditions
Celsius Network, one of the biggest crypto lenders, told customers Sunday evening that it is pausing withdrawals, swap, and transfers between accounts in a move that has sparked discussions and prompted the price of the firm’s token to take a 60% tumble in the past one hour to as low as 19 cents.
https://alternative.me/crypto/fear-and-greed-index/
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DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.
Thank you very much
Dave
Support this podcast at — https://redcircle.com/daves-daily-crypto-take/donations18m - Jun 13, 2022 - DDCT #134 - 6/10/2022 (How Gen Z Is Hooked On Cryptocurrency And NFTs)
#Bitcoin #Cardano #GenZ
I'd like to welcome everyone to my new YOUTUBE CHANNEL
Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
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ARTICLES used in today's video:
When a cryptocurrency you never heard of drains your life savings
Steve Insall has watched his life savings disappear by the second in an app on his phone.
He spent most of Tuesday, May 10, in his condo, trying to withdraw anything that remained of the $320,000 balance that was there just days before.
The app wouldn’t let him. While watching Bloomberg TV talk about a cryptocurrency he only learned of the day before, he tried to hide his panic from his wife.
“She was getting ready for work, the baby was eating on the highchair,” Insall said. “The 3-year-old was on an iPad. I was keeping it all inside.”
https://www.slashgear.com/818151/times-technology-went-straight-up-evil/
Why Cryptocurrency Might Turn Out To Be Worthless, According To A Nobel Laureate Economist
Cryptocurrencies have no dearth of skeptics with relevant domain expertise, and now Nobel laureate Paul Krugman has joined that ever-expanding list of vocal pessimists. Krugman, who was awarded the Nobel Memorial Prize in Economic Sciences in 2008 for his pioneering work linking trade patterns with geography and globalization, compared the current crypto-verse with the stock and housing market crash of 2008 that led to losses worth over a trillion dollars for investors.
https://bitcoinist.com/ethereum-merge-not-coming-until-2023/
Cardano Founder Says Ethereum Merge Not Coming Until 2023
The Ethereum Merge is currently the most anticipated upgrade in the crypto space. It has been about two years in the making and has been pushed back due to multiple delays. However, the project has since gotten back on track as the team has assured the public that the Merge will happen sometime this year. Cardano founder Charles Hoskinson has disagreed with this timeline, saying that the merge will not happen in 2022.
https://decrypt.co/102469/web-nyc-gallery-nft-remotely-display-art
This NYC Gallery Lets NFT Owners Remotely Display Their Art From Anywhere
Web3 NYC Gallery is a new NFT gallery opening in Manhattan on June 15.
The gallery’s Genesis NFTs let holders control a display in the space, so they can show off and even sell their NFTs.
How Gen Z Is Hooked On Cryptocurrency And NFTs
It is known that digital tokens have two key characteristics: they serve as a medium of exchange and a means of accumulation. These characteristics influenced the adoption of new technology by different generations. If the older generation is more inclined toward long-term investments, they consider digital tokens to save money; the younger generation prefers to evaluate the liquidity of these tokens and the possibility of using them for a transaction.
Most young investors are confident that cryptocurrencies will make them millionaires. According to a survey conducted among 1030 US residents over 18 years old, 60% of zoomers (Generation Z) expect to become millionaires thanks to investments in cryptocurrencies. According to experts, young people are becoming more interested in crypto and rejecting traditional finance amid rising inflation and rising prices for real estate and education.
https://alternative.me/crypto/fear-and-greed-index/
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DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.
Thank you very much
Dave
Support this podcast at — https://redcircle.com/daves-daily-crypto-take/donations29m - Jun 10, 2022 - DDCT #133 - 6/8/2022 (Cryptocurrency meltdown is wake-up call for many, including Congress)
#Bitcoin #Satoshi #LINK
I'd like to welcome everyone to my new YOUTUBE CHANNEL
Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
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ARTICLES used in today's video:
https://www.slashgear.com/790412/tech-from-2021-that-changed-our-lives-forever/
Why Nobody Knows Who Created Bitcoin
For years, many have been debating the true identity of Bitcoin's credited inventor: Satoshi Nakamoto. In 2008, the website bitcoin.org went online, and after two months, it unveiled a whitepaper detailing the concept behind a peer-to-peer electronic cash system (via Business Insider). This document also contained the name of its author, Satoshi Nakamoto, leading most to believe that he was the one and only individual human person responsible for creating the most popular cryptocurrency today. While there are undoubtedly a lot of people in the world who go by that name, there is at least one who was linked to Bitcoin based on his distinct set of skills and background.
https://www.cryptopolitan.com/all-crypto-influencers-and-founders-exposed/
All crypto influencers and Web3 project founders EXPOSED?
An Anonymous Twitter user is planning of releasing over 100GB of Telegram messages, exposing popular crypto influencers and project founders.
The Anon claimed many influencers engaged in scams, rug pulls, and even sexual assaults and assassinations.
The information could wreck the crypto market, but many doubts the veracity of the calms.
LINK marines rejoice after Chainlink 2.0 brings a new roadmap and staking
Passive income opportunities are one of the biggest draws in the cryptocurrency ecosystem because it gives investors an easy opportunity to grow their portfolio size regardless of the day-to-day price action.
The latest token to get a bump in its price after announcing the upcoming implementation of staking is Chainlink (LINK), the decentralized oracle network that provides important off-chain information needed for the proper functioning of smart contracts.
Data from Cointelegraph Markets Pro and TradingView shows that since bouncing off a low of $6.67 on June 4, the price of LINK has increased 35% to hit a daily high of $9.00 on June 7.
https://bitcoinist.com/paypal-will-let-you-send-crypto-to-external-wallets/
Why PayPal Will Finally Let You Send Crypto To External Wallets
Payment processor PayPal will allow users to transfer their crypto to external wallets and exchanges, according to a statement from Jose Fernandez da Ponte, Senior Vice President at the company. The new feature was highly demanded by the users, the executive confirmed.
Cryptocurrency meltdown is wake-up call for many, including Congress
Meltdowns in the cryptocurrency space are common, but the latest one really touched some nerves. Novice investors took to online forums to share tales of decimated fortunes and even suicidal despair. Experienced crypto supporters, including one prominent billionaire, were left feeling humbled.
When the stablecoin TerraUSD imploded last month, an estimated $40 billion in investor funds was erased — and so far there has been little or no accountability. Stablecoins are supposed to be less vulnerable to big swings — thus the name — but Terra suffered a spectacular collapse in a matter of days.
https://alternative.me/crypto/fear-and-greed-index/
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DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.
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Dave
Support this podcast at — https://redcircle.com/daves-daily-crypto-take/donations28m - Jun 8, 2022 - DDCT #132 - 6/6/2022 (Crypto doesn’t belong in retirement accounts)
#Bitcoin #coinbase #retirement
I'd like to welcome everyone to my new YOUTUBE CHANNEL
Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.
ARTICLES used in today's video:
Crypto winter has come, and Coinbase is in trouble
Coinbase is pulling back on its hiring efforts. In a memo posted to Coinbase’s site, chief people officer L.J. Brock announced that Coinbase is putting a pause on hiring new employees, as well as rescinding several job offers already accepted by prospective workers, citing “current market conditions and ongoing business prioritization efforts.”
https://bitcoinist.com/bitcoin-atm-installations-drop-in-may/
Bitcoin ATM Installations Notch Record Drop In May – Demand For Crypto Waning?
Since its beginning, Bitcoin ATMs have shown to be a significant tool in nations where they are implemented. Traders may instantly deposit or withdraw crypto assets into their wallets by linking them to these money-dispensing machines.
As we approach the midpoint of 2022, the year is not shaping up to be the best for Bitcoin ATM installations worldwide. During the month of May, only 202 new cryptocurrency ATMs were installed globally, a number not seen for three years.
NFT Renting: Why You Might Want To And How To Do It
The world is experiencing somewhat of a revolution in terms of non-fungible tokens. But unfortunately, the NFT market has also taken a massive hit amid a crypto crash. Since its peak in 2021, the market is down about 92 percent! But that doesn’t necessarily mean the death of NFTs as a whole. Just possibly the end of JPEG monkeys. In reality, NFTs can provide value by utilizing smart contracts and the like on the Ethereum blockchain. But, did you know NFT renting is a thing? Here’s how and why you would rent an NFT.
Dubai's Retail Giant Majid Al Futtaim Accepts Crypto at 29 Shopping Malls and 13 Hotels in Partnership With Binance
Leading shopping mall operator Majid Al Futtaim has partnered with Binance to accept cryptocurrencies at its malls and other properties. “Majid Al Futtaim is one of the most prestigious businesses in the Middle East and has millions of customers every year,” said the CEO of Binance.
Crypto doesn’t belong in retirement accounts
I have long ago given up handicapping the price of bitcoin. I told people they were crazy to get in at $1,000. It doesn’t get much less prescient than that.
After falling by half to $29,000, bitcoin is now closer to $1,000 than it is to all-time highs around $70,000. It’s not the golden ticket it appeared to be during the pandemic investment mania, but it’s certainly made some people rich.
https://alternative.me/crypto/fear-and-greed-index/
Please subscribe, like, and share so that more and more people can view this content.
DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.
Thank you very much
Dave
Support this podcast at — https://redcircle.com/daves-daily-crypto-take/donations19m - Jun 6, 2022 - DDCT #131 - 6/3/2022 (Warner Bros To Sell Looney Tune NFTs)
#Bitcoin #Shibainu #Looneytunes
I'd like to welcome everyone to my new YOUTUBE CHANNEL
Dave's Daily Crypto Take
In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.
My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.
ARTICLES used in today's video:
https://ambcrypto.com/explaining-why-people-are-buying-and-not-buying-bitcoin-btc/
Explaining why people are buying and NOT buying Bitcoin [BTC]
Bitcoin and cryptocurrencies have been at the center of financial markets in 2022. Extreme volatile trends coupled with aggressive development in the Web 3 space have caught the eyes of many. To further study these trends, Block Inc. recently published a report detailing a survey of 9,500 people across major continents.
Block Inc. partnered with Wakefield Research to publish the report titled “Bitcoin: Knowledge and Perception.” The report talks about the retail trends of Bitcoin perception in 14 countries across the world. According to the same, most people consider Bitcoin as a means for payment, among other uses.
All Their Apes Gone
Early last year, when nonfungible tokens arose out of the crypto world to become something of a cultural phenomenon, there was nary a grinning ape in sight. But within a few months, those avatars—procedurally generated simians sporting hats and sunglasses and drawn, more or less, in the manic style of a Gorillaz video—became the face of not only NFTs, but in some ways the broader mania around cryptocurrency. Yes, Bored Ape Yacht Club avis are basically just .jpgs stored on a digital ledger, easy for anyone on the web to right-click and save. And yes, though much of the rest of the NFT market has cratered, the apes remain a status symbol, having fetched nearly $20 million just over the past week with an average price of $188,000 per ape, according the website NFT Stats.
https://ambcrypto.com/shiba-inu-having-run-its-course-are-shibs-days-numbered-going-forward/
Shiba Inu: Having run its course, are SHIB’s days numbered going forward
With Ryoshi gone, the Shiba Inu army almost delved into a panic before Shytoshi put out a goodbye post.
But amidst all these crazy names and fan clubs, SHIB as an asset is fluctuating in a tug of war between FUDers and the loyalists, all the while making no significant improvement.
https://www.inputmag.com/tech/sexn-crypto-startup-sex-to-earn-web3-nfts
This crypto startup believes 'sex-to-earn' is the future of web3
Have you ever been in the process of getting intimate with someone, only to think: I could be earning crypto and/or a variety of NFTs right now? That premise lies at the core of what SEXN, a new cryptocurrency startup, is banking on as the next frontier for web3. The name “SEXN” stems from an existing lifestyle app called STEPN that theoretically allows users to earn money by walking, jogging, and just generally being active.
https://comicbook.com/tv-shows/news/warner-bros-to-sell-looney-tune-nfts/
Warner Bros To Sell Looney Tune NFTs
This has been a big year for Warner Bros. who recently had a giant merger with Discovery. While the company is reportedly frustrated with some of their deals, they still own the rights to many major franchises like DC. One of the most classic titles associated with Warner Bros. is Looney Tunes, the animated animals that have been around since 1930. According to a new report from The Hollywood Reporter, the iconic franchise is getting an unexpected treatment by being turned into NFTs.
https://alternative.me/crypto/fear-and-greed-index/
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DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.
Thank you very much
Dave
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