SHOW / EPISODE

DDCT #133 - 6/8/2022 (Cryptocurrency meltdown is wake-up call for many, including Congress)

28m | Jun 8, 2022

#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.


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://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.


https://cointelegraph.com/news/link-marines-rejoice-after-chainlink-2-0-brings-a-new-roadmap-and-staking


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.


https://www.pbs.org/newshour/economy/cryptocurrency-meltdown-is-wake-up-call-for-many-including-congress


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/


https://coinmarketcap.com/


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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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