#Bitcoin #SpaceJam #NFT

I'd like to welcome everyone to my new PODCAST

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.fool.com/investing/2021/07/13/why-bitcoin-dogecoin-and-ethereum-keep-dropping/?source=iedfolrf0000001

Why Bitcoin, Dogecoin, and Ethereum Keep Dropping

In the United Kingdom, authorities just announced a "significant" operation to seize what they called laundered "proceeds of crime" in the form of cryptocurrency, according to CNN. In what the news organization is referring to as Britain's largest-ever seizure of cryptocurrency -- and one of the biggest seizures anywhere, ever -- London's Metropolitan Police confiscated $249 million worth of crypto (without divulging which kinds, specifically) allegedly linked to international money-laundering operations.

And although no one can fault authorities for investigating and confiscating any ill-gotten gains, the fact that police forces around the world are working to trace these funds suggests that crypto's untraceability and anonymity -- two big reasons why cryptocurrency got popular in the first place -- are now no longer assured.

https://ambcrypto.com/these-numbers-prove-that-theres-no-stopping-bitcoin-here/

These numbers prove that ‘there’s no stopping’ Bitcoin here

After the Central Bank of Nigeria [CBN] directed the financial institutions from restricting services for businesses involved in cryptocurrencies, users turned to the peer-to-peer mode of transfers. Since February, the country was witnessing a rising volume of P2P transfers and it can be visible in the chart below.

https://www.makeuseof.com/use-brave-browser-earn-cryptocurrency/

How to Use the Brave Browser to Earn Cryptocurrency

As a Brave browser user, you can earn revenue in the form of BAT (Basic Attention Token) by simply opting to view ads. BAT is Brave’s own cryptocurrency, and a user can earn it when they opt to view anonymous and privacy-preserving ads.

This service is totally optional, and the ads are presented to the users in the form of push notifications instead of on-page display. BAT earned this way are stores in a wallet built into the browser, and can be traded for other cryptocurrencies or fiat currency.

https://www.cnbc.com/2021/07/13/black-swan-author-nassim-taleb-says-bitcoin-is-worth-zero.html

‘Black Swan’ author Nassim Taleb says bitcoin is worth zero and fails as a currency and a hedge

Nassim Nicholas Taleb said in a recent paper that bitcoin has failed as a currency without government, as a hedge against inflation and as a safe haven investment.

The author of “The Black Swan” reversed his previous stance, in which he once called bitcoin “insurance” against government control over money.

https://decrypt.co/75873/bitcoins-slump-could-be-calm-before-storm-glassnode?utm_medium=referral&utm_campaign=feed&utm_source=flipboard

Bitcoin’s Slump Could Be ‘Calm Before Storm’: Glassnode

While Bitcoin has remained locked in a somewhat narrow price corridor over the past few weeks, several key on-chain metrics are now indicating a positive trend overall, according to the latest weekly report published by crypto metrics platform Glassnode.

https://www.laptopmag.com/news/get-free-space-jam-nfts-are-you-lucky-enough-to-get-a-rare-digital-collectible

Get free 'Space Jam' NFTs — are you lucky enough to get a rare digital collectible?

Free Space Jam NFTs (non-fungible tokens) can be yours, thanks to a slam-dunk partnership between Warner Bros. and Nifty's. Warner Bros. is the engine behind the new Space Jam film with LeBron James. Nifty's, on the other hand, is an NFT-focused social media platform.

NFTs are digital doohickeys backed by blockchain technology, which acts as a certificate of authenticity because it holds a record of ownership. For example, a Eminem fan would pay a premium for Slim Shady NFT because the blockchain validates that his favorite artist is the original owner.

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/donations

#Bitcoin #Environmental #Gold

I'd like to welcome everyone to my new PODCAST

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.forbes.com/sites/billybambrough/2021/07/12/leaked-jpmorgan-report-reveals-extreme-bitcoin-price-volatility-warning-as-ethereum-crash-adds-to-100-billion-crypto-rout/

Leaked JPMorgan Report Reveals Extreme Bitcoin Price Volatility Warning As Ethereum Crash Adds To $100 Billion Crypto Rout

Bitcoin has swung wildly through 2021, falling along with the second-largest cryptocurrency ethereum after huge runs and dashing hopes that growing adoption among retail investors and institutions would bring stability to roller coaster crypto markets.

The bitcoin price is down around 50% from an April peak that saw it more than double in the first three months of the year (subscribe now to Forbes' CryptoAsset & Blockchain Advisor and beat the market). Ethereum has fallen even further from its May high of well over $4,000 per ether token, today dropping a further 5% and dipping under $2,000 amid a cryptocurrency sell-off that's wiped around $100 billion from the combined crypto market in less than a week.

https://www.thestreet.com/crypto/news/fidelity-digital-assets-to-increase-staff-by-70-percent

Fidelity Commits to Crypto, Increases Digital Assets Staff by 70%

Growing demand from institutional investors has pushed Fidelity to increase its Fidelity Digital Assets team by 70%. According to an article from Bloomberg, Fidelity Digital Assets will add around 100 workers to offices in Salt Lake City, Boston and Dublin. 

https://www.cnbc.com/2021/07/12/cryptocurrency-trading-volume-plunges-as-interest-wanes-following-bitcoin-price-drop.html

Cryptocurrency trading volume plunges as interest wanes following bitcoin price drop

Trading volumes at the largest exchanges, including Coinbase, Kraken, Binance and Bitstamp, fell more than 40% in June, according to CryptoCompare

In June the price of bitcoin hit a monthly low of $28,908; a daily volume maximum of $138.2 billion was down 42.3% from the intra-month high in May.

https://ambcrypto.com/is-it-worth-betting-on-sushi-in-the-short-run/

Is it worth betting on SUSHI in the short run?

SUSHI’s price action over the past year has been quite dramatic and the asset has had its share of ups and downs. As a matter of fact, it witnessed a massive spike of over 424% in the aforementioned time period. The alt’s uptrend started gaining traction from November last year and within a span of four months, SUSHI recorded its $23.38 ATH.

Right after scripting history, the asset was subjected to a downtrend. Earlier in June, SUSHI lost its $9.4 support level and has been trading below that mark since then. What’s more, SUSHI that was the sixth-largest DeFi token a couple of months back, is now eighth on the list and its Total Value Locked (TVL) that reflected $4.4 billion in early May plunged to merely $2.76 billion at the time of writing. 

https://venturebeat.com/2021/07/12/how-gold-backed-cryptocurrency-is-changing-the-modern-investment-landscape/

How gold-backed cryptocurrency is changing the modern investment landscape

The proliferation of online markets and the introduction of new cryptocurrencies has launched a brand-new type of token. Companies are now digitizing the value proposition of gold, one of the oldest, most stable currencies in the world. The result is a liquid crypto asset backed by the benefits of physical gold. Blockchain technology enables financial leverage, liquidity, and monetized physical gold holdings.

In 2021, Bitcoin and Ethereum have been the market leaders, posting record highs for investors. But then came the crash in the wake of Elon Musk’s offhanded tweets, plus China promising increased regulation. This kind of volatility attracts recreational investors who see big risks as the natural corollary of even bigger gains. But more cautious investors have stayed on the sidelines, unwilling to take those chances.

https://www.gobankingrates.com/investing/crypto/environmentally-sustainable-cryptocurrencies/

15 Environmentally Sustainable Cryptocurrencies To Invest In Right Now

Cryptocurrency might be best known for its potential financial risk, but it’s increasingly under fire for another less-than-desirable issue. In recent months, concern has swirled around the negative impact that crypto is having on the environment. That impact, in a nutshell, is that as cryptocurrency trading becomes more common, so does energy use as a result of it.

The Cost of Mining Coins and Tracking Transactions

Estimating the energy consumption involved with cryptocurrency mining is a complex task, but it’s generally understood as the energy used to digitally mine crypto coins and process trading transactions plus the power usage of the hardware devices used to support these efforts. Estimates vary, but some analysts place the annual energy consumption tied to crypto as being on par with a small country.

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/donations

#Bitcoin #crypto #taxbreak

I'd like to welcome everyone to my new PODCAST

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.cbsnews.com/news/the-nft-craze-non-fungible-tokens/

Cashing in on the NFT craze

You've probably seen a lot of articles about NFTs, without really understanding what they are – something about digital files selling for enormous amounts of money, like a piece of digital art, a video clip, or even a Twitter tweet.

A lot of people are really excited about NFTs. "Oh my God, this is crystal clear; this is a technology that will forever change the way people interact," said entrepreneur and internet personality Gary Vaynerchuk. He says that this is the third time he's seen a digital revolution of this magnitude.

https://www.techspot.com/news/90376-ukrainian-law-enforcement-shut-down-cryptofarm-3800-ps4s.html

3,800 PS4s found and seized from a cryptocurrency farm in Ukraine

On Thursday the Security Service of Ukraine (SSU) reported that they had shut down a cryptomining operation in the city of Vinnytsia, seizing over 500 GPUs and 50 processors -- and a bunch of Playstation 4s. Consoles built on 2013-era technology might not be great at mining, but they don't need to be when you have 3,800 of them.

Although the market for GPUs is starting to improve, and dedicated ASICs might be on the way to relieve demand, it seems that one group of enterprising cryptocurrency miners have turned to last-gen console hardware to get things done.

https://ambcrypto.com/bitcoin-doesnt-require-an-etf-but-this-is-why-its-a-plus/

Bitcoin DOESN’T require an ETF, but this is why it’s a plus

The prolonged saga between the SEC and Bitcoiners about the former approving a Bitcoin ETF has been frustrating for many. This much-anticipated move would allow the top-rated digital asset to be traded on Wall Street exchanges, roping in an increased amount of institutional investors and capital. However, the federal agency has repeatedly deferred the sign-off, citing fears of instability and liquidity, among others.

The entry of SEC’s new chair, Gary Gesner, has certainly shot up the hopes of many as news of him being a crypto-enthusiast spread. However, in a recent interview, Osprey Funds founder and CEO Greg King conveyed that he felt the appointment might not be enough for the SEC to give a green signal to BTC ETFs.

https://www.cryptopolitan.com/twins-that-helped-satoshi-nakamoto-with-btc/

Revealed: Bogdanoff Twins who helped Satoshi Nakamoto develop Bitcoin

Bogdanoff twins claim they helped Satoshi develop Bitcoin

The twins became famous as they reveal more Satoshi Nakamoto details

There’s also a Conspiracy theory about how twins touched alien

The Bogdanoff twins have announced that they had a hand in the development of Bitcoin and helped Satoshi Nakamoto develop the number one cryptocurrency.

Their announcement follows a trending meme showing one of the twins on the phone telling whales to initiate a crypto-market dump.

https://ambcrypto.com/bitcoin-v-ethereum-which-asset-will-bridge-the-gap-to-its-ath-first/

Bitcoin v. Ethereum – Which asset will bridge the gap to its ATH first?

Over the past couple of years, Bitcoin and Ethereum have been trying to one-up each other in terms of performance. While the market cap difference is still extremely significant, Ethereum has clawed it way back in terms of price gain. A year back in July 2020, ETH’s value represented 3% of Bitcoin’s price but at press time, it was valued at 6% of the king coin. Early in May, it was up to 8.5% at one point.

Ethereum has relatively broken out of Bitcoin’s shadow over the past couple of bullish rallies, and in terms of volatility, the world’s largest altcoin has been more reactive as well. However, there is one particular factor that might both be a blessing or boon for Ether.

https://www.cnbc.com/2021/07/11/plan-b-passport-tax-break-bitcoin-profits.html

This company sells passports to Americans looking for a tax break on their bitcoin profits

Plan B Passport offers crypto-rich clients a path to a second passport in their pick of seven, mostly tropical, tax-haven states, all of which are exempt from capital gains taxes on crypto holdings.

The company works in tandem with each government’s residence- or citizenship-by-investment programs.

“It’s an attractive way to draw foreign investment and especially prominent in countries with few natural resources,” said Ernest Marais, an attorney with international tax law firm Andersen.

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/donations

#Bitcoin #VISA #Crypto

I'd like to welcome everyone to my new PODCAST

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/be-very-careful-when-youre-looking-at-bitcoin-using-this-metric/

Be very careful when you’re looking at Bitcoin using this metric

Bitcoin‘s sideways movement seemed to be pushing the asset’s price in a bearish direction once again. After closing the past week above $34,750, BTC’s press time price structure was again under severe risk of getting mauled by the bears. The asset was unable to hold a position above $34,000 and in fact, over the past few hours, the price had dropped down to $32,500 i.e ~4% drop.

While such a price action continues to hurt the crypto’s potential recovery in the short term, there is another key indicator that may allow traders to understand sentiment from an investment point of view.

https://www.benzinga.com/markets/cryptocurrency/21/07/21908917/ethereum-dogecoin-bleed-out-in-bitcoin-led-crypto-crash-but-these-altcoins-remain-in-green

Ethereum, Dogecoin Bleed Out In Bitcoin-Led Crypto Crash But These Altcoins Remain In Green

The meme universe was not spared, with Dogecoin (CRYPTO: DOGE) trading 8.71% lower at $0.1994. The Shiba Inu-themed cryptocurrency has nosedived 18.77% in a seven-day trailing period.

DOGE traded 5.08% lower against BTC but managed 1.47% gains against ETH.

On Thursday night, the coins that traded in the green included KuCoin Token (CRYPTO: KCS), Theta Fuel (CRYPTO: TFUEL), and Stacks (CRYPTO: STX).

https://247wallst.com/investing/2021/07/08/cathie-woods-ark-invest-buys-for-7-8/?utm_source=flipboard-money%26utm_medium%3Dreferral%26utm_campaign%3Dflipboard-money%26utm_content%3Dcathie-woods-ark-invest-buys-for-7-8%26wsrlui%3D69105491

Cathie Wood's ARK Invest Buys for 7/8

The major averages saw a sizeable drop on Thursday with the S&P 500 leading the charge down about 0.9%. The family of ARK funds followed the markets lower yet again. ARKG performed the best out of the group, relatively flat on the day, while ARKK lagged the rest of the group, down about 1.9%. The gains from last year are slowly sliding away, but Cathie Wood may have something up her sleeve as she is constantly reshuffling her ETFs to stand up to market headwinds.

https://www.theguardian.com/world/2021/jul/09/currency-and-control-why-china-wants-to-undermine-bitcoin

Currency and control: why China wants to undermine bitcoin

Beijing’s crackdown on cryptocurrencies has captured headlines, while behind the scenes its reserve bank set up its own digital currency

Few would dispute that China’s recent crackdown on cryptocurrency trading and mining has contributed to the recent plunge in the value of bitcoin and other cryptos.

But while the argument rages about whether the volatility of cryptos is a sign of fundamental weakness or merely a bump along the road, the initiatives coming out of Beijing are being seen by experts as a sign of China’s attempts to incubate its own fledgling e-currency and reboot the international financial system.

https://ambcrypto.com/heres-what-ethereums-price-will-look-like-after-the-merge/

Here’s what Ethereum’s price will look like after ‘The Merge’

A major Ethereum upgrade doesn’t seem important enough unless it has been met with a delay. Keeping up with tradition, ETH’s London hard fork is now expected to launch on 4 August. The fork is expected to take place at block 12,965,000 and there has been a mixed bag of responses from Ether enthusiasts. While some are excited about an official release date, others are a little more skeptical and cautious.

Now, there have been successful activations on the Ropsten, Goerli, and Rinkeby testnets, with most of the hype still around EIP 1559. However, there are a few other EIPs that are crucial as well, right before ‘the Merge,’ EIPs that are also part of London. But, more on that later in the article.

https://www.techspot.com/news/90354-visa-partnering-50-leading-crypto-companies-users-spend.html

Visa is partnering with 50 leading crypto companies to let users spend digital assets at merchants worldwide

Visa has announced a partnership with 50 of the top crypto platforms, including Coinbase, FTX and CoinZoom, that’ll make it easier for users to convert and spend their digital currency at millions of merchants around the globe.

“It will be the same as any other Visa transaction to them,” Visa crypto boss Cuy Sheffield told Business Insider. “But on the backend, the crypto assets are instantly converted into fiat.”

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/donations

#Bitcoin #HODL #Cryptoterms

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/ethereum-why-londons-4-august-roll-out-could-hijack-this-popular-bitcoin-narrative/

Ethereum: Why London’s 4 August roll-out could hijack this popular Bitcoin narrative

With market bulls losing steam all over, the value of most cryptos was trending lower on the charts at press time. However, this also gave many participants an opportunity to gain insights into certain projects like Ethereum. The industry’s second-largest cryptocurrency has been competing with Bitcoin on all fronts of late and if institutions and analysts are to be believed, it could take over the mantle from BTC pretty soon.

Ether has reportedly seen tremendous growth over the past year, growth fueled by the exponential hike in interest in Decentralized Finance [DeFi]. This is something Goldman Sachs agrees with as well, with the firm noting in a recent report that Ether’s use case gives it the potential to dominate the digital store of value over the coming years.

https://cointelegraph.com/news/sec-closes-in-on-settlements-with-us-bitconnect-promoters-for-millions

SEC closes in on settlements with US BitConnect promoters for millions

The U.S. Securities and Exchange Commission (SEC) is nearing settlements with four U.S.-based individuals accused of promoting the multi-billion dollar crypto Ponzi scheme, BitConnect.

According to Law360, the terms of the settlements are currently awaiting final approval from Judge John Koeltl. The judge noted that while agreements’ terms are currently legally sound, minor fixes are needed to be made to ensure they are “scrupulously accurate.”

https://www.inputmag.com/tech/you-may-soon-be-able-to-pay-in-crypto-wherever-visa-is-accepted-coinbase-ftx

You may soon be able to pay in crypto wherever Visa is accepted

Visa says it will partner with cryptocurrency companies and allow consumers to pay in digital currency wherever its cards are accepted — nearly 70 million places worldwide. And merchants won’t have to do anything on their end, but rather, customers will simply pay in crypto using a Visa card and it will automatically convert to fiat currency.

"The merchants don't have to change anything," said Cuy Sheffield, Visa's head of cryptocurrency, speaking to Insider. "It will be the same as any other Visa transaction to them. But on the backend, the crypto assets are instantly converted into fiat."

https://www.nbcnews.com/tech/tech-news/tether-worlds-third-biggest-cryptocurrency-got-economists-worried-rcna1358

Why tether, the world’s third-biggest cryptocurrency, has got economists worried

Tether is the third-biggest cryptocurrency in the world by market value. And it’s got some economists — including an official at the U.S. Federal Reserve — worried.

Last month, Boston Fed President Eric Rosengren raised the alarm about tether, calling it a potential financial stability risk. Meanwhile, some investors believe a loss of confidence in tether could be crypto’s “black swan,” an unpredictable event that would severely impact the market.

https://www.unilad.co.uk/featured/successful-cryptocurrency-investors-share-secrets-to-success-and-how-to-avoid-loss/

Successful Cryptocurrency Investors Share Secrets To Success And How To Avoid Loss

The rise of Bitcoin, which has seen its value soar over the past few years, has got many people interested in cryptocurrencies. As a result, there is an incredible selection of cryptocurrencies, whose founders have high hopes of increasing in value.

Reasons for investing in cryptocurrencies have ranged from memes to cults of personality. Nonetheless, questions still linger about whether emerging cryptocurrencies can take off, and if the time for ordinary people to invest and profit has come and gone.

https://time.com/nextadvisor/investing/cryptocurrency/crypto-terms-you-should-know-before-investing/

Cryptocurrency Terms to Know Before You Invest: A Beginner’s Guide

HODL. DApp. Ethereum.

No, these are not words from a newly-discovered alien language. They’re among the many new and key terms in the language of cryptocurrency.

Cryptocurrency isn’t just a novel investment option, and in many ways represents a different world altogether compared to traditional stocks and bonds. Between unfamiliar acronyms, emerging technologies, and keeping up with memes and tweets, just learning the basics takes time, even for seasoned traditional investors.

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/donations

#Bitcoin #China #crackdown

I'd like to welcome everyone to my new PODCAST

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.forbes.com/sites/billybambrough/2021/07/06/bitcoin-suddenly-braced-for-a-15-billion-july-surprise-after-huge-crypto-sell-off-tanked-the-price/

Bitcoin Is Suddenly Braced For A $1.5 Billion July Shock After Huge Crypto Crash Tanked The Price

Bitcoin and cryptocurrency prices struggled to find direction in June after moving sharply lower through April and May.

The bitcoin price, down almost 50% from its peak of around $65,000 per bitcoin set in April, has managed to hold above the closely-watched $30,000 level—but has failed to make convincing gains.

https://markets.businessinsider.com/currencies/news/ether-bitcoin-price-outlook-store-of-value-ethereum-goldman-sachs-2021-7

Don't be surprised if ether takes over bitcoin as the dominant digital store of value, Goldman Sachs says

Ether's real use cases give it the potential to become the dominant digital store of value in the coming years, Goldman Sachs said in a note on Tuesday.

The bank believes ether "currently looks like the cryptocurrency with the highest real use potential as Ethereum, the platform on which it is the native digital currency, is the most popular development platform for smart contract applications," according to the note.

That means ether could eventually overtake bitcoin as the top cryptocurrency, according to Goldman. While bitcoin may have the stronger brand given its first mover advantage, it lacks some of the often-cited real use cases of ether, in part due to its slow transaction speed of just seven per second.

https://decrypt.co/75349/ethereum-update-reduce-eth-supply-likely-coming-august?utm_medium=referral&utm_campaign=feed&utm_source=flipboard

Ethereum Update to Reduce ETH Supply Likely Coming in August

The next update to the Ethereum blockchain, which calls for changing how ETH is paid out to miners, is likely to come on August 4 with block 12,965,000—not mid-July as earlier suggested.

That block number was officially proposed today on Github by developer Tim Beiko, the Ethereum Foundation's point person on network upgrades. If various Ethereum client teams—the groups who code the various software onramps to the blockchain—agree to the proposal, that target will become official.

https://www.gobankingrates.com/investing/crypto/teens-are-sinking-their-money-into-stocks-and-crypto-what-basic-investing-principles-can-parents-use-to-guide-them/

Teens Are Sinking Their Money Into Stocks and Crypto…What Basic Investing Principles Can Parents Use To Guide Them?

A recent survey by Wells Fargo on investing showed that 50% of parents said their teens knew more about bitcoin than they did, while 45% of teenagers felt their knowledge of crypto exceeded that of their parents. The Wells Fargo Parent-Teen Study included 318 teens between the ages of 13 and 17 and largely showed that teens are increasingly confident in their financial knowledge, specifically when it came to investing trends made popular through social media.

https://ambcrypto.com/ethereum-has-the-largest-piece-of-this-pie/

‘Ethereum has the largest piece of’ this pie

Times are tough and the market has moved from regular surges to phases of corrections. This occurred after almost a year of the rally by the cryptocurrency market which pushed its market capitalization above $2 Trillion at its peak. With the market rally coming to a brief halt, the market capitalization has also fallen to $1.43 Trillion and stablecoins were now making up for 7.7% of the total market cap.

https://www.cryptopolitan.com/china-takes-crypto-crackdown-to-new-level/

China takes crypto crackdown to another level, shuts company for suspected crypto trading

China bans entertainment firm for suspected crypto involvement

China crackdown on crypto

China has taken their crypto crackdown to a new level after shutting down an entertainment firm suspected to be into crypto trading.

The firm is said to have a Non-Fungible Token (Mao Li coin). The firm Beijing Qudao Cultural Development Co Ltd was ordered to seize all operations, and their website was suspended as well.

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/donations

#Bitcoin #Ransomware #hackers

I'd like to welcome everyone to my new PODCAST

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.insider.com/twitter-nft-giveaway-reply-guy-margaret-corvid-sale-local-politician-2021-7

A local politician wrote a poem and won a free NFT from Twitter. Hours later, she sold it for a 'life-changing' $110,000.

On June 30, Twitter announced it would be giving away "140 free NFTs for 140 of you, besties," in reference to the site's original 140-character limit.

The NFTs, or "non-fungible tokens" representing digital collectibles users can buy, sell, and trade included nods to Twitter culture. Among them were animated GIFs titled "First Born", a Tamagotchi-like toy featuring Twitter CEO Jack Dorsey's first tweet, and "Building Characters", in which Twitter mascot Larry the bird bicep-curls its way to an 280-pound limit, in reference to the current Twitter character count.

https://www.cryptopolitan.com/germany-crypto-floodgates-spezialfonds/

Germany opens crypto floodgates: Spezialfonds can hold $415B worth of crypto

The German parliament, Bundestag, just gave its approval to ‘Fund Location Act’ that allows ‘spezialfonds’ to hold up to 20 percent of their portfolio in cryptocurrency assets. Spezialfonds or ‘Special Funds’ are premier German funds known for their large size and mass appeal. They can now hold 20 percent of their asset portfolio in cryptocurrencies, which currently amounts to approximately $415 billion.

Germany being Europe’s economic and industrial powerhouse, will undoubtedly reap significant benefits courtesy of the new Fund Location Act. Major German funds now have the option to diversify their portfolio with BTC, and more altcoins.

https://markets.businessinsider.com/news/stocks/michael-burry-jeremy-grantham-predict-epic-stock-market-crash-warnings-2021-7

Michael Burry, Jeremy Grantham, and other top investors are predicting an epic market crash. Here are their gravest warnings so far

Michael Burry and Jeremy Grantham are bracing for a devastating crash across financial markets. They're far from the only experts to warn that rampant speculation fueled by government-stimulus programs can't shore up asset prices forever.

Billionaire investors Leon Cooperman, Stanley Druckenmiller, and Jeffrey Gundlach have also sounded the alarm. The same is true for "Shark Tank" star Kevin O'Leary, market prophet Gary Shilling, and "Rich Dad Poor Dad" author Robert Kiyosaki.

https://ambcrypto.com/its-time-to-hodl-bitcoin-because-this-is-the-guarantee-youre-getting-now/

It’s time to HODL Bitcoin because this is the ‘guarantee’ you’re getting now

Bitcoin’s price has been moving sideways for more than month now. Nonetheless, the all-pervasive volatility has been making its presence felt in the otherwise monotonous market. Bitcoin, at the time of writing, was trading in the $35k price bracket after recording a mere 2.32% surge over the past day.

Bitcoin’s dampening state has notably become the elephant in the room. The general sentiment of market participants, at this stage, is typically characterized by fear. However, the Bitcoin market has encountered such situations before and has successfully managed to overcome them.

https://finbold.com/ethereum-flippening-happening-now-and-it-will-get-broader-celsius-ceo-suggests/

Ethereum ‘flippening’ happening now and it will get broader, Celsius CEO suggests

The Ethereum (ETH) ‘flippening’ of Bitcoin (BTC) has occurred in terms of dollars, according to Celsius Network CEO Alex Mashinsky.

When asked by Kitco News presenter David Lin about the likelihood of Ethereum exceeding Bitcoin in market valuation, Mashinsky said,

“Ethereum already surpassed bitcoin in dollar terms as shown in the total holding of the Celsius community, and I think that the broader market will follow it in the next year or two. We will see that flippening happening in the broader market.”

https://knowherenews.com/us/event/attack-kaseya-companies-hackers-victims-revil-us-data-group-hundreds-ransomware-revil-joebiden-anneneuberger-cisa-fbi/443629a0-d81b-4d7f-a6ef-14029fa7597a?origin=rss

Russian hackers demand $70 million in cryptocurrency after ransomware attack

A Russia-based group behind a global ransomware attack affecting thousands of businesses demanded late Sunday that $70 million be paid in cryptocurrency in return for providing a software key to unscramble the encrypted information on affected companies’ machines.

On Friday, REvil, the same group that succeeded in extorting $11 million from JBS Foods after breaching its network security in late May, infected the network of Miami-based information technology (IT) company Kaseya, a firm that provides IT services to thousands of customers, and the ransomware began spreading exponentially from there.1 Other firms that provide services to outside clients were also used to spread the malicious software.

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/donations

#Bitcoin #NFT #SEC

I'd like to welcome everyone to my new PODCAST

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/when-can-bitcoin-reclaim-41000/

When can Bitcoin reclaim $41,000?

Bitcoin’s recent fall in mining hash rate was one of its sharpest declines since its inception, with the same being discussed in a recent article. While the king coin has noted constant selling pressure by traders and miners alike, big players have been called upon to rescue the world’s largest digital asset from its latest lows.

Having said that, BTC noted a recovery as buyers returned to the market. In fact, BTC’s movement led to the formation of an ascending triangle and an upward breakout was on the cards. At the time of writing, BTC traded at $35,449, up by 5% over the last 24 hours.

https://finbold.com/philippine-stock-exchange-aims-to-be-countrys-platform-for-crypto-trading/

Philippine Stock Exchange aims to be country’s platform for crypto trading

The Philippine Stock Exchange (PSE) has reportedly acknowledged that cryptocurrency is an asset class that can no longer be ignored amid increased interest in Bitcoin and other crypto assets among Filipinos.

PSE president and CEO Ramon Monzon said that the local bourse should also be the country’s exchange platform for digital assets and that the matter has already been discussed in a top management meeting, according to CNN Philippines.

https://news.bitcoin.com/us-sec-commissioner-bitcoin-etf-approval-long-overdue/

US SEC Commissioner Says Bitcoin ETF Approval Long Overdue

A commissioner with the U.S. Securities and Exchange Commission (SEC), Hester Peirce, talked about the prospects of the SEC approving a bitcoin exchange-traded fund (ETF) in an interview with CNBC on Thursday. Peirce is also known in the crypto circle as “crypto mom.”

The SEC has yet to approve a bitcoin ETF. However, the industry is hopeful that things will change this year since the SEC has a new chairman, Gary Gensler, who taught crypto and blockchain courses at the Massachusetts Institute of Technology (MIT). Commissioner Peirce described:

https://www.cryptopolitan.com/coinbase-strike-alerts-crypto-exchange/

Coinbase competitor Strike crypto exchange promises better services

• Strike promises better commissions than Coinbase for Bitcoin payments.

• Strike supports the El Salvador government for joining the cryptocurrencies.

The fight between cryptocurrencies and crypto exchanges is increasing as merchants use the tokens as savings. While the Bitcoin price does not exceed its $40,000 mark, this does not discourage new crypto investors.

https://newsone.com/4170605/crypto-independence-black-financial-freedom/

Crypto Independence: The Currency For Black Financial Freedom?

I assume since the end of the Civil War, every Black American has had a strong opinion on what freedom looks like. I also presume it entails some form of financial prosperity. In our summer adjustment to congregating again, the new abnormal will surely create interesting conversations where all disagreements will agree to follow the money.

https://www.makeuseof.com/nft-market-collapse-lessons-learned/

The NFT Market Collapse: What Happened, and What Can We Learn from It?

If you actively follow tech news, you’ve probably heard of NFTs (non-fungible tokens) once or twice in recent months.

The idea grew hugely popular over a short period of time, taking the market by storm. And while many were excited for the future possibilities surrounding this market, things didn’t exactly work out as some were hoping.

In the end, the NFT market proved to be a passing trend that eventually ended up collapsing. But it still left us with some food for thought.

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/donations

#Bitcoin #CelebrityCrypto #GPU

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.laptopmag.com/features/why-is-it-so-hard-to-find-a-gpu-in-2021

Why is it so hard to find a GPU in 2021?

Building a PC has never been this difficult. Starting in 2020, and extending into 2021, those attempting to buy a custom-built PC, or to build one themselves, are feeling the pinch of widespread unavailability of new graphics cards. Those lucky enough to find new cards are faced with an impossible decision: wait and hope the market improves, or fork over much more than the typical retail price to build now. And if you're looking for relief by buying second hand, don't count on cheaper prices. On eBay right now, you can expect to pay two-to-three times the retail price of a new card for most older, used models.

https://www.cnbc.com/2021/07/03/bitcoin-mining-difficulty-drops-after-hashrate-collapse-in-china-.html

Bitcoin mining is now easier and more profitable as algorithm adjusts after China crackdown

More than 54% of bitcoin’s hashrate, which is the collective computing power of miners worldwide, has dropped off the network since its market peak in May.

The bitcoin code has re-calibrated to make it 28% less difficult to mine.

Miners who are still plugged into the network stand to make greater profits while most of the network’s miners remains offline.

https://toofab.com/2021/07/03/celebrities-involved-in-cryptocurrency/

Celebrities Who’ve Gotten Involved With Cryptocurrency

"It's definitely the future!"

Cryptocurrencies have made some major headlines recently thanks to their soaring values. Although digital currencies like bitcoin have been around for over a decade, the general public have only begun to take note of its massive potential over the past few years — and those taking note includes celebrities too.

https://coinquora.com/crypto-analyst-ethereum-will-outperform-bitcoin-in-july/

Crypto Analyst: Ethereum Will Outperform Bitcoin in July

As the popularity of crypto continues to rise, many people show interest in the price movement between Bitcoin and Ethereum. More so, BTC and ETH are the 2 major cryptos by market cap.

According to a crypto analyst, the short-term ETH movement looks more bullish than that of BTC. The analyst made the comparison to determine which coin will outperform the other in July.

https://cointelegraph.com/news/are-cryptocurrency-ransom-payments-tax-deductible

Are cryptocurrency ransom payments tax-deductible?

About 2,000 years ago during its Han dynasty, China made peace with some of the nomadic people of Central Asia who continuously ransacked Silk Road traders for an easy payday. It did so in order to fully establish the Silk Road trade route, which stretched from China to Europe, and to secure a great source of wealth from trading in luxury goods.

https://ambcrypto.com/how-much-bitcoin-do-you-really-need-to-become-rich/

How much Bitcoin do you really need to become rich?

The cryptocurrency market is a trillion-dollar market, with its overall valuation found to be $1.37T at press time. Needless to say, many investors are trying to get in on the action since investing in crypto can potentially be lucrative, especially if you invest at the right time.

For example, someone who may have invested $1,000 in Bitcoin a decade ago, may have more than $15 million today, assuming they did not sell during that period.

Well, this was 10 years ago. What about now? How much Bitcoin do you need to get rich? Can Bitcoin still make you a millionaire?

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/donations

#Bitcoin #VISA #MASTERCARD

I'd like to welcome everyone to my new PODCAST

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.kitco.com/news/2021-07-02/Digital-Dollar-is-inevitable-Fedcoin-will-give-government-total-control.html

Digital Dollar is "inevitable", Fedcoin will give government total control

(Kitco News) - Digital, state-issued currency is the "inevitable" next step of our economic evolution, says Cameron Chell, executive chairman of CurrencyWorks, who concedes it can be a "scary proposition."

Central bank digital currencies, or CBDCs, are currently under development from several major central banks around the world, including the People's Bank of China , the European Central Bank, and the Bank of England.

https://au.finance.yahoo.com/news/baby-doge-elon-musk-sends-new-coin-up-93-in-1-day-021501080.html?guccounter=1&guce_referrer=aHR0cHM6Ly9mbGlwYm9hcmQuY29tLw&guce_referrer_sig=AQAAAGG_5nYGs33GmsUgAPmqojTeww-L8HMm4qU0PiQzQU0VOtPfavpYDotfc79En5wzGf9rfYENIk1QsajwwV9CRKWM22XF1xZG8DMqFUlLa-6KhmlNkp_xU2QyeMwlv83MO4RTpXML2aMQDzGoDsWRy5oGKL7ej4vIeMFVHlum2cEY

'Baby Doge': Elon Musk sends new coin up 93% in 1 day

You’ve heard of DogeCoin, named after the meme of a Shiba Inu.

Now, prepare yourselves for Baby Doge.

The new cryptocurrency has hit the market running after a tweet from Elon Musk where he mixed the name of the new digital currency with the well-known tune from the children's song ‘Baby shark’.

https://decrypt.co/75122/million-doge-disco-free-dogecoin-giveaway?utm_medium=referral&utm_campaign=feed&utm_source=flipboard

A ‘Dogecoin Metaverse’ Launches Tomorrow—And It's Giving Away 1 Million DOGE

Imagine Dogecoin raining out of the sky and dancing Shiba Inu dogs landing in your living room.

That’s what you can experience tomorrow, if you want to be swept up in the “party metaverse” based on the crypto industry’s biggest meme coin.

On Saturday, the “Million Doge Disco” event starts. Running in partnership with blockchain development platform, Blockv, it’s as wacky as it sounds: those who sign up will be part of a dance party/augmented reality game where, via a smartphone, one can interact with other Dogecoin fans around the world. NFTs (unique digital tokens that can represent things like artwork or video content) will be dished out to those who take part.

https://bitcoinist.com/twitter-ceo-jack-dorsey-rejects-ethereum/

Twitter CEO Jack Dorsey Rejects Ethereum

Twitter CEO Jack Dorsey has continued to reject Ethereum as a viable investment. This comes amidst calls for the billionaire to explore other altcoins besides Bitcoin. Dorsey remains a Bitcoin maximalist as he says that Bitcoin is the most important thing to happen in his lifetime.

All this despite the fact that his company Twitter has released 140 NTFs on the Ethereum platform. This followed the news of Twitter releasing NFTs on Ethereum. A user on the platform had said it would only be a matter of time before Dorsey invested in Ether. And the billionaire replied “No” to the user.

https://www.insideedition.com/billionaire-mircea-popescu-dead-at-41-leaving-behind-2-billion-in-bitcoin-crypto-currency-68135

Billionaire Mircea Popescu Dead at 41, Leaving Behind $2 Billion in Bitcoin Crypto Currency

Bitcoin billionaire Mircea Popescu, 41, died on June 23 in Costa Rica, according to reports.

Popescu, who made his fortune in Bitcoin, is leaving behind a cryptocurrency wealth that could be worth as much as $2 billion, according to the New York Post.

Popescu drowned last week off the coast of Costa Rica near Playa Hermosa after going for a morning swim, according to local news outlet Teletica.

https://www.benzinga.com/markets/cryptocurrency/21/07/21832154/visa-mastercard-and-paypal-are-stepping-up-their-cryptocurrency-game

Visa, Mastercard, And PayPal Are Stepping Up Their Cryptocurrency Game

While we wait for the latest earnings results, it is a good moment to recap previous quarters' results. Travel restrictions, caused by the pandemic, as well as general downtrend since last year, made the cross-border volumes significantly decline in the last quarter of 2020, for both Visa (NYSE:V) and Mastercard Incorporated (NYSE:MA). Even though the overall payments were up, debit spending has risen, while credit spending decreased.

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/donations