Dave's Daily Crypto Take

DDCT #48 - 9/5/2021 (It’s settled – Bitcoin is the Future)


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#Bitcoin #Cardano #crypto


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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://ambcrypto.com/cardano-needs-this-to-sustain-its-rally-to-3-and-beyond/

 

Cardano needs this to sustain its rally to $3 and beyond


Cardano is on a roll when it comes to “successful rallies” and the altcoin has been making substantial gains. Last month, the coin established new all-time highs and less than 3 days ago it breached $3. Now that the coin has become the third biggest cryptocurrency, all sights are on it. So amidst this anticipation, will ADA be able to sustain this rise?


https://qz.com/2055480/why-crypto-prices-on-bitcoin-ether-have-been-climbing-higher/


Why bitcoin, ethereum prices are climbing higher


Facebook could add features for NFTs to its wallet

Facebook executive David Marcus told Bloomberg in late August that the social network could provide support for non-fungible tokens on its digital wallet, known as Novi. (Facebook is also developing its own crypto asset, known as Diem.) NFTs are kind of a digital version of one-of-a-kind artworks or trading cards typically built on the ethereum blockchain. If Facebook helps make NFTs more popular, that could drive up demand for ether, which is used to pay for computations on the ethereum network. Visa also says it’s exploring NFTs.


https://www.entrepreneur.com/article/383771


These Are The Ten Worst Performing Cryptocurrencies In August


The first half of 2021 has been a breakthrough year for the crypto market. Now, the crypto industry is carrying forward the same performance in the second half as well. The market performed well in July, as well as in August, and there were a few coins that touched their all-time high in August. As always, there were a few coins that rewarded investors with massive returns and there were also those that provided negative or negligible returns last month. Let’s take a look at the ten worst performing cryptocurrencies in August.


https://markets.businessinsider.com/news/currencies/locked-crypto-wallet-password-recovery-cryptocurrency-chris-charlie-brooks-btc-2021-9


A father and son who help clients find forgotten crypto passwords estimate billions of dollars worth of lost bitcoin is recoverable


For Chris and Charlie Brooks, finding lost passwords to cryptocurrency wallets requires figuring out how their clients' minds work - and that effort can help their customers retrieve a slice of what the pair estimates is about $4.7 billion worth of recoverable bitcoin stranded in locked wallets.

"We get a really broad spectrum of clients. We have a client who is an early-stage miner in bitcoin who lost all of his information and he knows he's got some bitcoins somewhere … We get clients who were told in 2017 to buy into the hype-bubble and they bought $1,000 [worth] and they are looking for something to cover the rent," Charlie, a 20-year-old computer programmer who joined his father in running Crypto Asset Recovery based in New Hampshire, told Insider in a video interview.


https://www.cryptopolitan.com/its-settled-bitcoin-is-the-future/


It’s settled – Bitcoin is the Future


Bitcoin has been a unique asset in the annals of the world’s financial history – a highly secure, rare, decentralized, valuable, and transportable, asset.


It’s highly accessible than safe-haven gold. It gives much higher returns than real estate. Unlike stocks and shares, its supply is not subject to change abruptly. It even competes with giants like Visa on speed and cost.


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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Dave's Daily Crypto TakeBy Dave D