#Bitcoin #Cryptostaking #KevinOleary

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.cnbc.com/2021/11/11/kevin-oleary-says-his-crypto-holdings-today-are-almost-at-10percent-how-he-decides-which-to-invest.html

Kevin O’Leary says his crypto holdings today are ‘almost at 10%’—here’s how he decides which to invest

During a Reddit Talk session on Thursday, “Shark Tank” investor Kevin O’Leary said that his cryptocurrency exposure is near 10%.

“I’ve grown the portfolio remarkably,” O’Leary, chairman of O’Shares ETFs, said. “At the beginning of the year, I was at 3% weighting. The target was to get 7% by year-end. However, because of the appreciation of so many of the assets I have now, we’re almost at 10% today.”

https://futurism.com/the-byte/us-government-nfts-illegal

THE US GOVERNMENT SAYS THESE NFTS ARE NOW ILLEGAL

Non-fungible tokens, better known as NFTs, have rocked the worlds of both blockchain and art this year, while generating endless new debates about everything from money laundering and fraud to what it really means to “own” a digital asset.

And now the drama’s getting even deeper, with the US government’s Office of Foreign Assets Control declaring this week that numerous NFTs, and even one entire exchange, are now verboten.

https://ambcrypto.com/few-reasons-why-ethereum-decoupling-from-bitcoin-might-have-to-wait/

Few reasons why Ethereum decoupling from Bitcoin might have to wait

Ethereum has comfortably established itself above the $4500-mark, while Bitcoin continues to trade north of $65000. Now, even though the top two assets have more or less similar quarterly ROIs, BTC charted 49% three-monthly ROI v. USD while ETH reaped 55% ROI over the same timeframe.

Here, it can’t be denied that Bitcoin has largely been the driving force behind the crypto-market’s gains.

https://lifehacker.com/why-a-crypto-rewards-credit-card-is-probably-a-bad-idea-1848034042

Why a Crypto Rewards Credit Card Is Probably a Bad Idea

With crypto rewards cards, a small percentage of your purchases can be redeemed for cryptocurrency instead of cash back or points redeemed in a rewards portal. But just because you can combine your credit card rewards with cryptocurrency speculation, doesn’t mean you should, as less risky cash back redemptions might offer you more value in the long run.

https://theface.com/life/what-is-staking-crypto-bitcoin-cryptocurrency-ethereum-altcoins-tokens-digital-finance

What is “staking crypto” and how does it work?

If you’ve been following crypto, you might have heard about staking. Whether in relation to Ethereum’s upgrade (Ethereum 2.0) or across smaller coins that make staking a big part of their set up – eg Cosmos, Cardano, Polkadot and Solana – its fast becoming a more mainstream aspect of #cryptolife™.

Yeah, so what is crypto staking then?

Staking is sort of an evolution of bitcoin mining, the process that makes bitcoin’s blockchain work. Mining is a mechanism known as Proof of Work (PoW) where the quickest computer to complete the task (such as processing a translation or adding data to the blockchain) gets rewarded in crypto. This means every computer on the network is constantly scrambling to try and complete things first, which uses a lot of energy. 

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

ReplyForward

Support this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

#Bitcoin #Cryptotax #Binance

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://kotaku.com/these-game-developers-are-choosing-to-turn-down-nft-mon-1848033460

These Game Developers Are Choosing To Turn Down NFT Money

In the wake of Ubisoft, EA, Square Enix, Sega, and Zynga announcing their interest in or direct support of blockchain tech and NFTs, things are looking pretty bleak for anyone who enjoys living on a hospitable planet. But for most of us, even if we find the notion distasteful, the possibility of NFTs becoming widespread in gaming doesn’t immediately threaten our livelihoods (even if they threaten our climate). For some game developers, however, NFT projects are attached to real money that could put food on the table, and turning them down comes at a real cost. Here are some developers who took a personal risk in saying “thanks, but no thanks” to NFT gigs.

https://edition.cnn.com/2021/11/10/investing/ethereum-bitcoin-cryptocurrencies/

Move over, bitcoin. Ether is back and nipping at your heels

Bitcoin has rocketed to an all-time high of nearly $70,000. But investors are even more excited about ethereum, which is now the world's second most valuable cryptocurency.

Ethereum, or ether for short, is also trading at record levels. It's now hovering around $4,850, having soared more than 560% this year, compared to the "mere" 135% pop for bitcoin. Crypto investors are betting that ether will continue to be used as the backbone for even more non-fungible tokens, or NFTs, as well as so-called smart contracts.

Experts predict that this wave of decentralized finance (DeFi) will become more prevalent in banking. That could be great news for ether, as well as solana, another crypto that has blockchain technology used in DeFi applications.

https://www.quickanddirtytips.com/money-finance/investing/bitcoin-for-beginners

Bitcoin for Beginners: Understanding the Future of Cryptocurrency

You’ve probably been hearing a lot about bitcoin and cryptocurrency in the news these days. On October 20, 2021, bitcoin shot up to $66,975 and then yesterday evening on November 8 it reached a new all-time high over $68,000! If you’ve been wondering what all the hype is about or if it’s time to dip your toes in the cryptocurrency waters, I’ll cover key concepts you should know.

To discuss cryptocurrency investing, I interviewed Fred Schebesta, founder of Finder.com and author of Go Live!: 10 Principles to Launch a Global Empire. Fred’s been investing in bitcoin and alt-coins since 2017 and is going all-in incorporating crypto into his business strategy.

https://ambcrypto.com/binance-ceo-changpeng-zhao-discusses-future-of-crypto-global-adoption-regulations/

Binance CEO Changpeng Zhao discusses future of crypto, global adoption, regulations

Changpeng Zhao, Binance chief executive officer, discussed regulations and crypto ETF in a recent interview with Bloomberg. According to him,

“Most institutions or organizations should be looking at crypto at this stage.”

Institutions get serious

Let’s recall that just last month, Jamie Dimon, JP Morgan Chase chairman, and CEO, had called Bitcoin “worthless”. But, inflows in crypto assets this year are breaking all records. According to the CoinShares report dated 8 November 2021, YTD inflows stand at record levels of $8.9 billion.

https://www.moneycrashers.com/cryptocurrency-tax-crypto-transactions/

How Is Cryptocurrency Taxed – Crypto Transactions and Capital Gains

If you look closely at your most recent tax return, you may notice a question at the top of Form 1040, just below your name and address. The question asks, “At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?”

Simply put, the Internal Revenue Service (IRS) is asking if you own cryptocurrency.

This isn’t the first time the IRS has asked about cryptocurrency. In fact, the agency started asking about crypto on 2019 tax returns. However, on tax forms for the 2019 tax year, the question appeared on Schedule 1, where it was a little easier to overlook than it is now on the front page of your tax return.

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 #ShibaInu #BitcoinETF

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://bitcoinist.com/why-november-14-could-be-the-next-big-day-for-bitcoin/

Why November 14 Could Be The Next Big Day For Bitcoin

The approval and launch of a Bitcoin-linked Exchange Traded Fund (ETF) seem to be the main driver. Although the market cool-off for a couple of weeks after a massive rally, the buying pressure returned by the end of the weekend.

Pushing Bitcoin back into uncharted territory and a new all-time above $68,000. Many expect further downside, as the market could continue to cool off and set BTC’s price back to its critical support zones at $65,000 or $63,000 if the former fails.

However, a recent report by Arcane Research claims that November the 14th could mark yet another historic date for Bitcoin. On that date, the U.S. Securities and Exchange Commission (SEC) it’s expected to issue a decision on the VanEck Spot Bitcoin ETF.

https://slate.com/technology/2021/11/web3-explained-crypto-nfts-bored-apes.html?via=rss_flipboard

What Is Web3 and Why Are All the Crypto People Suddenly Talking About It?

If you’ve been perusing cryptocurrency forums or video-game news recently—or spying everything from New York Times job listings to zany Twitter threads claiming that the traditional job interview is about to be replaced by blockchain-based “quests, adventures and courses to prove your worth”—you might have run into the term “Web3.” The term, obviously, refers to a third generation of the internet. But is it just jargon, the latest shibboleth among people who trade NFTs of cartoon apes for hundreds of thousands of dollars and are already designing their virtual homes in the metaverse? Or is Web3—and the less concentrated version of the internet it represents—something that those of us who thought we were still living on Web2 ought to know about? The answer to both is probably yes. The answers to your follow-up questions are below.

https://futurism.com/the-byte/bitcoin-crushes-record-prediction

BITCOIN CRUSHES ALL-TIME RECORD, WITH JPMORGAN PREDICTING $146,000

The value of Bitcoin hit all-time highs today, trading above $68,000 Tuesday morning — and investors are predicting that its rise isn’t over yet, CNBC reports.

The price calmed back down to around $66,700 at the time of writing, but there’s still plenty of appetite for Bitcoin, and investors are more enthusiastic about the cryptocurrency’s short-term future than ever before. However — as we’ve seen many times before — it’s impossible to predict when exactly the Bitcoin gravy train will run out of steam and start plummeting again.

https://ambcrypto.com/polkadot-etfs-in-europe-outperform-bitcoin-ethereum-traditional-finance/

Polkadot ETFs in Europe outperform Bitcoin, Ethereum, traditional finance

Exchange-traded products (ETP) are the next big thing for many institutional cryptocurrency investors. In fact, crypto-ETFs have captured a huge share of the market within no time. In one such case, crypto-backed ETFs in America and Australia broke several records within days of trading.

Surprisingly, throughout October, the top 20 best-performing ETFs in the European market were the ones that were backed by cryptocurrencies. Natural gas and Brazilian exchange-traded funds (ETFs) were at the bottom of the list, compiled by Morning Star.

Interestingly, the top eight ETFs were backed by tokens of L-1 protocols like Polkadot and Ethereum. At the top was SEBA Polkadot ETC (SDOT), which was issued by SEBA Bank and began trading on the SIX Swiss Exchange in July, with 52.8% appreciation.

https://www.thesun.co.uk/money/16681967/shiba-inu-millionaire-risky-bet-retired/

INU THE MONEY I became a Shiba Inu millionaire in just six months from a risky $8,000 bet – now I’ve retired at the age of 35

The dad told Fortune how he started trading cryptocurrencies in a bid to build a better future for his partner and son.

He became interested in Shiba Inu which was launched in August 2020, after reading the coin's 28-page white paper when he first came across it.

"After reading that, I was hooked. I just believed the words," he said.

The trader decided to gradually invest $8,000 and expected his holdings to grow.

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 #Microsoft #Elonmusk

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://bitcoinist.com/how-microsoft-will-move-to-the-web-3-0-blockchain-division-to-expand/

How Microsoft Will Move To The Web 3.0, Blockchain Division To Expand

In his post, Microsoft’s blockchain director revealed that he has formed a new team at the software company. Rhodes added that he has spent 6 years down the blockchain hole and “I never been more bullish on this journey”.

Rhodes took part in Bloomberg’s Financial Innovation Summit. During the event, he claimed that the tech giant is keeping a close eye on the blockchain and crypto industry with a special interest in digital assets, decentralized finances, and non-fungible tokens (NFTs).

The latter are two of the hottest trends in the space and have received a massive surge in institutional interest. In particular, NFTs are being boasted by major companies, such as Microsoft, VISA, EA, Ubisoft has potential financial disruptors across many sectors.

https://ambcrypto.com/bitcoin-dev-believes-dogecoin-shiba-inu-do-nothing-for-civilization/

Bitcoin dev believes Dogecoin, Shiba Inu do ‘nothing for civilization’

Blockchain’s relative complexity and its digital nature remain some of the top hurdles in the way of large-scale adoption and timely regulations.

To alter this perception, many enthusiasts have been educating both communities and politicians to foster the wider acceptance of cryptos. It is not always an easy task, admitted Bitcoin Core Contributor Jimmy Song in a recent podcast, adding that an explanation is generally met with a lot of excitement.

For instance, he noted that the prevention of “bad actors” is a top concern for many politicians he had lobbied. It’s a rational concern, according to Song, who said that Bitcoin’s ledger solves exactly this by being able to track each Satoshi to the last point.

Most people he spoke to are equally curious about the identity of Satoshi Nakamoto, the anonymous author of BTC’s whitepaper. This is one factor that differentiates the king coin from other blockchains, said Song, explaining,

https://www.vice.com/en/article/4awdwn/elon-musk-lorde-edge-jeff-bezos-leonardo-dicaprio

Elon Musk and Jeff Bezos Have Completely Lost It on Twitter

Elon Musk and Jeff Bezos, the number one and number two most wealthy humans on the planet, have had a hell of a 24 hours online.

Bezos, the Amazon founder whose net worth is around $200 billion, implied that he would personally throw actor Leonardo DiCaprio off a cliff in a tweet. He was responding to a video from the LACMA Art+Film Gala where Bezos’ girlfriend Lauren Sanchez (the “alive girl”) is talking attentively to DiCaprio with Bezos shuffling his feet awkwardly next to them.

https://ambcrypto.com/bitcoin-could-hike-despite-its-correlation-with-dxy-playing-spoilsport/

Bitcoin could hike, despite its correlation with DXY playing spoilsport

The first week of November for Bitcoin was nowhere close to October’s first week gains of over 25%. While BTC is well above $65k now, the sideways movement that succeeded its last ATH left market participants skeptical of the king coin’s trajectory.

While there seemed to be no particular reason for the recent consolidation, there are some factors that may have directed this worrying trend.

https://www.bankrate.com/investing/survey-millennials-cryptocurrency-investing-2021/

Survey: Nearly half of millennials comfortable owning cryptocurrencies

 

While much of the investing world remains skeptical about cryptocurrency, many millennials have embraced this new wave of digital assets, according to a recent Bankrate survey. Nearly half of millennials (49 percent) are at least somewhat comfortable with investing in crypto assets such as Bitcoin, compared to 37 percent of Generation X and only 22 percent of baby boomers.

In fact, millennials (ages 25-40) express the most comfort of all age groups with cryptocurrency. About 15 percent say they are “very comfortable” investing in digital currencies, compared to just 7 percent of Generation X (ages 41-56) and 4 percent of baby boomers (ages 57-75).

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 #metaverse #Elonmusk

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.theverge.com/2021/11/6/22766154/nft-gallery-party-beeple-dreamverse-69-million-first-in-person-display

I spent hours waiting to find out what an NFT looks like IRL

New York City has been filled with NFTs this week. Since Monday, hundreds, if not thousands, of people have darted between talks, galleries, hangouts, parties, and other events assembled for and by the usually all-online NFT community to talk about the future of art, hype the space, and discover new and potentially soon-to-be-explosive projects. The result has been an exceptional number of hours spent in Times Square, one surprise Strokes concert, and a lot of dudes wearing crypto merch.

https://www.dmarge.com/2021/11/what-happens-if-elon-musk-sells-tesla-stock.html

What Happens If Elon Musk Sells 10% Of His Tesla Stock?

Elon Musk isn’t known for letting opinions stick in his gullet. Instead, he seems to enjoy playing with stock prices and valuations (not to mention cryptocurrencies) like others enjoy peeling the label off a bottle of beer.

For many investors – many of whom were inspired by The Corona Effect (where boredom, disposable income, trading apps and lockdown led to many inexperienced investors getting in on the stock market with a bit more of an appetite for risk than the previous demographic) – Elon’s ability to spike (or tank) a stock or cryptocurrency has proved at best a lucrative enterprise and at worst a fun game.

https://ambcrypto.com/bitcoin-dealing-with-this-right-now-will-determine-the-scope-of-long-term-returns/

Bitcoin: Dealing with this right now, will determine the scope of long-term returns

After an hourly candle burst on 3 November at 18:00 UTC, Bitcoin is yet again testing the waters near $60,000. At press time, BTC dropped down to as low as $60,050, with fundamental structure looking weak in the short term.

However, there is also a train of thought that, selling pressure from hodlers is currently getting mitigated and it is only a while before Bitcoin regains a second wind in the charts.

Yet, it is always difficult to understand entries from both an investor and trader perspective, so in this article, we will try to break down how to deal with Bitcoin during the current market scenario.

https://finance.yahoo.com/news/robert-kiyosaki-just-warned-giant-130000215.html

Kiyosaki: The US stock market is headed for 'giant crash' followed by a new depression — here are the only 3 assets he likes as protection

Expert predictions for a U.S. stock market correction are common these days.

But thanks to high inflation rates, Rich Dad Poor Dad author Robert Kiyosaki is calling for something much worse.

“Inflation rips off the poor. Inflation makes rich richer,” he tweeted last week. “Prepare: Giant crash then new depression.”

It’s not the first time Kiyosaki has sounded the alarm.

In September, he told Kitco News that “the biggest crash in world history” would hit in October. While that prediction didn’t even come close being right — the S&P 500 climbed 6.9% last month — Kiyosaki isn’t backing down from his ultra-bearish stance.

https://finbold.com/3-metaverse-cryptos-to-buy-as-decentralized-virtual-reality-takes-off/

3 metaverse cryptos to buy as decentralized virtual reality takes off

In recent years, as the metaverse has evolved from a tool for social contact to one that can be used for employment or other types of entertainment, there has been a revived interest in this sector.

As a result, metaverse cryptocurrencies continue to gain traction in the digital money market, and investors are particularly interested in metaverse cryptos, which are digital currencies coupled to decentralized blockchain virtual realities where people have the last say in how things are done.

Since internet behemoths like Meta Platforms Inc (formerly Facebook) aim to dominate the market, these metaverse cryptos are considered a method to undermine their ambitions while still pushing the industry into new frontiers.

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 #ETHER #exchanges

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://news.bitcoin.com/finders-experts-expect-solana-to-surpass-1100-by-2025-over-5k-by-2030/

Finder's Experts Expect Solana to Surpass $1,100 by 2025, Over $5K by 2030

At the end of October, the product comparison website finder.com published new survey data about price predictions concerning the leading crypto asset ethereum. On November 1, Finder’s researchers published price predictions for the ethereum competitor solana, as Finder’s panelists predict the digital asset is expected to reach $235 by the year’s end and $1,178 by the end of 2025.

https://ambcrypto.com/after-making-a-fresh-ath-ethereum-take-this-direction-going-forward/

After making fresh ATH, Ethereum to take this direction going forward

September was not a favorable month for Ethereum. It registered more losses than Bitcoin and a few other altcoins. However, October proved to be pretty supportive. Ether’s month-long rise is creating records with each passing day but the question remains- for how long will this continue?

Ethereum’s trajectory

Ether has been the only coin to consistently note an increase throughout October, including during the last week when most of the altcoins besides Bitcoin consolidated. As a result, on 29 October it finally breached the $4200 resistance and marked a new all-time high.

https://decrypt.co/85310/crypto-com-coin-hits-all-time-high-listing-rival-coinbase?utm_medium=referral&utm_campaign=feed&utm_source=flipboard

Crypto.com Coin Hits All-Time High After Listing From Rival Coinbase

Publicly traded cryptocurrency exchange Coinbase has been aggressively listing crypto assets of late. But that has extended beyond little-noticed coins and tokens such as Jasmy Coin and ARPA Chain to a more surprising asset: Crypto.com Coin (CRO).

Coinbase announced yesterday that trading of Ethereum-based CRO would begin immediately. The listing has been a boon for CRO, which reached an all-time high today of $0.29. It's risen 13% in the last 24 hours, with over 20% of trading volume during that span coming from Coinbase, according to CoinGecko. It now ranks as the 32nd-largest cryptocurrency by market capitalization, with $7.3 billion, just above FTX Token.

https://ambcrypto.com/bitcoin-has-been-seeing-some-unusual-activity-and-this-is-what-it-means/

Bitcoin has been seeing some ‘unusual activity’ and this is what it means

Oh boy, Bitcoin. Short-term sellers would be panicking over the sight of its immediate price action as the asset has been on course for a massive swing action between $64,500 and $60,380 over the last 48 hours. At the moment, the tide is swinging towards the bears, but there might be something the larger market has missed. Something that may give us a better idea of what to expect from the immediate market trend.

Is Bitcoin being unusual on the hourly?

https://www.makeuseof.com/popular-cryptocurrency-exchanges/

The 10 Most Popular Cryptocurrency Exchanges Right Now

When it comes to cryptocurrency, there's no buying it at your local store, and you can't trade it physically. For such activities, you'll need a cryptocurrency exchange. These online platforms are a hotspot for crypto enthusiasts, but they're not all equal. Some exchanges are certainly bigger than others, and it's better to know which exchanges are most used and most loved before choosing the one for you.

 

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 #ETHER #altcoin

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/metaverse-mania-axs-mana-enj-sand-show-no-signs-of-stopping/

Metaverse mania: AXS, MANA, ENJ, SAND show no signs of stopping

The crypto-verse is not new to overnight pumps that send coins to the moon. Over the last one week Metaverse tokens have enjoyed rather hyped rallies and quite a bit of social media attention, as social media giant Facebook announced its ‘Meta’ rebrand.

As the Meta mania took over, MANA led the race of gains, followed by SAND, ENJ, and lastly the gaming giant Axie Infinity (AXS).

Like any other hyped phenomenon, as the Meta hype gained momentum, naturally traders and investors sought to jump in on the bandwagon. However, with most of the aforementioned alts already at a price ATH, what could be the right strategy going forward and how are Metaverse tokens looking?

https://au.finance.yahoo.com/news/the-best-altcoins-to-buy-with-a-500-budget-213044853.html

The best altcoins to buy with a $500 budget

Bitcoin's soaring value can make it seem an overwhelming investment prospect, but there are other cryptocurrencies - or altcoins - out there for the budget conscious to start a portfolio.

So, what are altcoins? It means alternate coin, or not a Bitcoin.

The basic structure for altcoins and Bitcoins is similar. However, numerous things distinguish the two from each other. Altcoins were built after the success of Bitcoin, but the rules were somewhat modified for altcoins, so they attract specific users.

https://ambcrypto.com/73000-is-a-reasonable-price-target-for-bitcoin-say-jp-morgan-strategists/

$73,000 is a ‘reasonable’ price target for Bitcoin, say JP Morgan strategists

Many analysts have predicted that Bitcoin is set to hit $100k either by year-end or early next year. British bank Standard Chartered had also stated earlier that Bitcoin could surge to $100,000 in 2022, and could be worth more than $175,000 in the longer term.

https://cointelegraph.com/news/survey-finds-lower-paid-workers-are-quitting-jobs-thanks-to-crypto-profits

Survey finds lower paid workers are quitting jobs thanks to crypto profits

Data suggests that some low-paid members of the workforce are quitting their jobs after making life-changing crypto gains.

Analytics firm Civic Science posted survey results (weighted according to U.S. census data) on Nov. 1, which shows that 4% of 6741 respondents aged 18 and over had quit their jobs in the past year due to “financial freedom” earned by investing in crypto assets.

Civic then cross-referenced the 4% figure with data from 1,201 respondents based on their annual income who had quit their jobs due to crypto gains.

https://ambcrypto.com/looking-beyond-the-hype-around-bitcoin-etfs/

Looking beyond the hype around Bitcoin ETFs

Bitcoin over the years has managed to gradually but successfully seep into the stock market; the best example being the Grayscale Bitcoin Trust (GBTC). But the pertinent question here is- how well has it actually fared?

Bitcoin and ETFs

Bitcoin Exchange Traded Funds (ETFs) were one of the most awaited arrivals in the crypto space for a long time. After it came into being, a huge impact on the Bitcoin market was registered.

In the first week of the launch, inflows were soaring, touching about $1.46 billion. However, by the very next week, the hype lost steam, and inflows merely brought in $287 million.

 

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 #ETF #Shibainu

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/facebook-whistleblower-reveals-crypto-investment-made-her-financially-independent/

Facebook whistleblower reveals crypto investment made her financially independent

Facebook’s former product manager and whistleblower Frances Haugen have revealed that she is an early investor in cryptocurrencies.

In an interview with the New York Times, Haugen indicated that her investment has partly contributed to her becoming financially independent.

Haugen, currently residing in Puerto Rico, stated that she would be in the territory for the foreseeable future, thanks to her strategic investment in digital currencies.

https://ambcrypto.com/bitcoin-is-under-60000-but-should-traders-sell-or-hold-now/

Bitcoin is under $60,000, but should traders sell or hold now

Another curveball is being thrown at the crypto-industry right now, with Bitcoin and co. collectively bleeding on the charts. With Bitcoin dropping below $60,000, there might be a little bit of panic settling in.

However, it is important to analyze the market on a more structural and on-chain level to estimate the situation. This will be crucial to assessing whether it is a short-term anomaly or long-term correction.

https://www.fool.com/investing/2021/10/27/why-polkadot-solana-and-cardano-all-plunged-today/?source=isafpbcs0000001&utm_source=flipboard&utm_medium=feed&utm_campaign=firehose

Why Polkadot, Solana, Binance Coin, and Cardano All Plunged Today

What happened

A little air came out of the cryptocurrency balloon today and altcoins are feeling most of the pain. Bitcoin (CRYPTO:BTC) is down nearly 6% as of 3:37 p.m. EDT, but lesser-known coins have fallen more than double digits today.

In the last 24 hours alone, Polkadot (CRYPTO:DOT) has fallen 8.1%, Binance Coin (CRYPTO:BNB) is off 6.4%, Solana (CRYPTO:SOL) has plunged 9.7%, and Cardano (CRYPTO:ADA) is down 9.3%.

https://ambcrypto.com/will-ethereums-new-ath-bear-the-same-results-as-it-did-in-may/

Will Ethereum’s new ATH bear the same results as it did in May

After months of waiting, Ethereum finally accomplished what investors had been waiting for. By hitting $4,361 on the charts, ETH marked a new all-time high and joined the league of cryptos that have already registered new ATHs of their own.

However, the question remains – Will Ethereum continue to act bullish going forward? Or will it react the same way as it did back in May?

https://cointelegraph.com/news/someone-bought-3-400-worth-of-shib-last-august-it-s-now-worth-1-55-billion

Someone bought $3,400 worth of SHIB last August. It’s now worth $1.55 billion

A SHIB hodler who spent $3,400 on the memecoin last August is now a crypto billionaire from that purchase alone, with the asset gaining 94278239.8%% over the past year.

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 #ETHER #Binanceus

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.coindesk.com/business/2021/10/21/market-wrap-bitcoin-drops-as-indicators-show-extreme-optimism/

Market Wrap: Bitcoin Drops as Indicators Show Extreme Optimism

Bitcoin’s price slipped to the $62,000 area on Thursday as indicators suggest bullish sentiment is near extreme levels, which typically precedes a price pullback.

The cryptocurrency’s price was down about 5% over the past 24 hours after failing to sustain an all-time high of almost $67,000 on Wednesday.

The crypto Fear & Greed Index remained elevated in “extreme greed” territory, suggesting that investors who accumulated positions around the $30,000 BTC price could start to take profits.

https://ambcrypto.com/here-is-garlinghouses-take-on-whether-there-will-be-an-xrp-based-etf/

Here is Garlinghouse’s take on whether there will be an XRP-based ETFRipple CEO Brad Garlinghouse has castigated the U.S. Securities and Exchange Commission again, with the exec now reiterating that the agency has no clear framework for the crypto-industry.

The chief executive, while speaking to Fox Business with Charles Gasparino, touched upon key aspects concerning the SEC’s motives. What’s more, he also expanded on the impact of the lawsuit against Ripple Labs, on both the firm and XRP.

https://www.forbes.com/sites/billybambrough/2021/10/21/binance-ceo-issues-crypto-price-warning-after-sudden-bitcoin-flash-crash-knocks-ethereum-and-wider-market/

Binance CEO Issues Serious Crypto Price Warning As Sudden Bitcoin ‘Flash Crash’ Knocks Ethereum And Wider Market

Bitcoin, after surging to never-before-seen highs this week, suddenly plunged almost 90% on the U.S. arm of major crypto exchange Binance today—before almost immediately snapping back.

The bitcoin price briefly dropped to under $10,000 per bitcoin on Binance.US, down almost 90% from around $65,000 and knocking the bitcoin price on other exchanges. The sudden plunge also took the wind out of the ethereum price rally.

https://ambcrypto.com/is-cardano-finally-catching-up-with-bitcoin-ethereums-uptrends/

Is Cardano finally catching up with Bitcoin, Ethereum’s uptrends

The last few days have been quite rough for Cardano. Just recently, ADA lost its third position on the rankings board to BNB. Since then, its price has mostly continued to shed value.

Bitcoin and Ethereum, on the other hand, have registered upticks of 12%-16% in the last 7 days alone. Given the low correlation that Cardano shares with the market’s large-cap alts, the recent ‘negative’ reaction on its price charts comes as no surprise.

Nevertheless, quite a few intriguing trends have been observed of late, opening the doors for a price-trend reversal.

https://theface.com/life/how-to-make-money-bitcoin-cryptocurrency-finance-digital-money

How can I make money from bitcoin?

You’ve been following this crypto stuff for some time now, but enough is enough. The ups and downs, confusing terminology and new innovations, who needs them?! It’s time for the digits, the money chasing, the straight-to-the-point, getting yourself an income boost through the mythical power that is crypto.

Want to know more? You’re in luck. Here’s a guide to turning your bitcoin, ethereum, solana and nanos into growth and cash. Just a warning, though – some aren’t easy, others aren’t lucrative and the rest aren’t going to happen overnight. In the words of modern prophet Mike Skinner: a grand don’t come for free. Let us break this down a little.

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 #ProsharesETF #Tether

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/nayib-bukele-responds-to-steve-hanke-sarcastically-as-bitcoin-price-shoots/

Nayib Bukele Responds To Steve Hanke Sarcastically As Bitcoin Price Shoots

The price of Bitcoin has always been in a swinging motion that can surge or dip without notification. This confirms the volatile nature of cryptocurrency. El Salvador is one of the countries that has legally adopted BTC as legal tender. However, the first day of implementation of the law in September saw the price of BTC plummet.

Nayib Bukele, the President of El Salvador, reassured his people through Twitter that the country was buying the dip in the price of BTC. The same day, El Salvador increased its BTC holding with an extra 150 BTC coins.

https://decrypt.co/83942/jack-dorsey-nearly-predicted-bitcoin-block-include-all-time-high?utm_medium=referral&utm_campaign=feed&utm_source=flipboard

Jack Dorsey Nearly Predicted Which Bitcoin Block Would Include All-Time High

Jack Dorsey, part-time Twitter CEO and full-time Bitcoin maximalist, cryptically tweeted yesterday: "705742."

Was it the salary of his meditation guru? The number of hairs in his ever-expanding beard? Perhaps it was a butt-tweet.

https://theface.com/life/how-to-make-money-bitcoin-cryptocurrency-finance-digital-money

How can I make money from bitcoin?

You’ve been following this crypto stuff for some time now, but enough is enough. The ups and downs, confusing terminology and new innovations, who needs them?! It’s time for the digits, the money chasing, the straight-to-the-point, getting yourself an income boost through the mythical power that is crypto.

Want to know more? You’re in luck. Here’s a guide to turning your bitcoin, ethereum, solana and nanos into growth and cash. Just a warning, though – some aren’t easy, others aren’t lucrative and the rest aren’t going to happen overnight. In the words of modern prophet Mike Skinner: a grand don’t come for free. Let us break this down a little.

https://slate.com/technology/2021/10/tether-crypto-danger-ben-mckenzie.html?via=rss_flipboard

Untethered

Many things that are terrible for you in high doses are pretty fun in low ones. For example, I enjoy some light gambling, or used to before the responsibilities of adulthood robbed me of the luxury. Two good things about gambling: It’s social—at least if you do it in person—and you can drink alcohol while doing it. Sometimes you win, sometimes you don’t, but you get time with fellow humans, an adrenaline rush, and a story to tell later. As long as you’re doing it with money you can afford to lose and you know the risks involved, it’s usually fine.

https://ambcrypto.com/why-it-could-become-virtually-impossible-to-dethrone-proshares-bitcoin-etf/

Why it could become ‘virtually impossible to dethrone’ ProShares Bitcoin ETF

After almost a decade of rallying and anticipation, a Bitcoin-linked ETF started trading on the New York Stock Exchange (NYSE) for the very first time. Even as the speculation in the past few weeks leading up to the launch has catapulted the cryptocurrency near a new all-time high, the ProShares BTC Strategy ETF opened to a record-breaking first day in the market.

The ETF with the ticker name $BITO, which is backed by Bitcoin Futures, amassed over $1 billion in trading volume on its first day of trading. It has also ranked as the second-biggest ETF debut of all time, right behind BlackRock U.S. Carbon Transition Readiness ETF, which has the highest one-day influx yet, at $1,161,734,000.

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