#Bitcoin #Kraken #JessePowell

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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/bitcoin-fomo-no-more-volume-drops-lowest-14-months/

Bitcoin FOMO No More? Volume Drops To Lowest In 14 Months

Data shows the Bitcoin trading volume has dropped to its lowest level in 14 months, signaling that FOMO around the crypto may be no more.

Bitcoin Trading Volume Sinks To Lows Not Seen Since December 2020

As per the latest weekly report from Arcane Research, the BTC trading volume has continued its decline this week, reaching the lowest values in around fourteen months.

https://ambcrypto.com/xrp-lawsuit-theres-a-pretty-good-chance-sec-will-lose-all-merits/

XRP Lawsuit: ‘There’s a pretty good chance SEC will lose all merits’

Ever since the US Securities and Exchange Commission sued Ripple Labs over selling unregistered securities in the form of their cryptocurrency XRP, the financial community has remained divided over the credibility of the watchdog’s allegations. The case has since 2020 seen a number of twists and turns, even as any substantial rulings over the same are yet to be made.

However, the most recent developments have suggested that Ripple might be on the winning side for now, as it won a number of key motions that could be critical in proving its fair motion defense. Namely, the court ruled in favor of Ripple last week to unseal two key documents that the company claims will shed light on how the agency classified XRP back in 2012 when it first came into circulation.

https://lynxotic.com/facebook-scammers-are-shilling-fake-cryptocurrency-using-big-techs-biggest-names/

Facebook Scammers Are Shilling Fake Cryptocurrency Using Big Tech’s Biggest Names

Earlier this month, some users scrolling through Facebook may have seen an unexpected message, apparently from CEO Mark Zuckerberg himself.

Facebook recently rebranded itself as Meta, and the advertisement, which included a photo of Zuckerberg in front of a background of purple polygons, claimed to offer a chance for users to invest in a new Meta cryptocurrency.

Another ad, posted around the same time and also promoted on Facebook, was tied to a page called “Metaverse” and similarly offered a shot at a presale of the upcoming “Meta token,” saying “the thrilling digital future has arrived.” The ads both included Meta’s new logo, an infinity sign.

https://ambcrypto.com/experts-weigh-in-on-how-vulnerable-bitcoin-actually-is/

Experts weigh in on how vulnerable Bitcoin actually is

Bitcoin has suffered a lot over the past two weeks. It traded in the red early on 23 February thanks to the uncertainty around the Russia-Ukraine crisis. Russia’s actions towards Ukraine have prompted the United States and Europe to vow sanctions. This has cast a long shadow over global markets, including cryptocurrencies.

In fact, as a recent article highlighted, BTC has faced several headwinds of late. These have ranged from dwindling demand on-chain to over 4.7M BTC held at an unrealized loss.

https://bitcoinnews.com/news/kraken-ceo-jesse-powell-advises-to-withdraw-bitcoin-from-exchange/

Kraken CEO Jesse Powell Advises to Withdraw Bitcoin from Exchange!

Kraken CEO Jesse Powell has slammed the Canadian government’s decision to seize funds from its citizens’ bank accounts without due process. He warns that Kraken will have no choice but to comply with any seizure demands. Although “authorities” are able to block transfers to centralized exchanges, peer-to-peer transactions remain secure.

https://alternative.me/crypto/fear-and-greed-index/

https://coinmarketcap.com/

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DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.

Thank you very much

Dave

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