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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. Ultimatel

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    • Nov 21, 2022 LATEST EPISODE
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    Latest episodes from Dave's Daily Crypto Take

    DDCT #150 - 11/21/2022 (No, the metaverse is not dead – it's inevitable)

    Play Episode Listen Later Nov 21, 2022 18:41


    #Bitcoin #FTX #Metaverse I'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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/bitcoin-hits-this-low-but-whats-the-unrevealed-narrative-around-btc/Bitcoin hits ‘this' low, but what's the unrevealed narrative around BTCBitcoin's SOPR hit its lowest point more than two years after the last oneShort-term projections for the king coin showed bearish signs despite more long-term holders remaining in profitBitcoin [BTC], for the first time since March 2020, hit its lowest point per Spent Output Profit Ratio (SOPR) on 19 November. According to CryptoQuant analyst Maartunn, it was necessary to touch upon this while considering Bitcoin's on-chain status.He further revealed that BTC's SOPR stood at 0.984 at press time. The metric hitting rock bottom implied that most HODLers sold BTC at a loss.https://www.thestreet.com/travel/walt-disney-50-celebration-closes-ends-characters-attractions-entertainment?puc=flipboard2&cm_ven=FLIPBOARD2Disney Plans Big Cuts After its 50th Anniversary CelebrationDisney has a special place in many people's hearts and the memories. If you breathe air and have been around in the last two centuries, you are bound to have fond memories of Disney. If it's a Disney movie, a character you fell in love with, songs from the movies or memories from attending one of its many theme parks, there is a certain nostalgia that comes around whenever the word Disney is mentioned.https://ambcrypto.com/cosmos-taking-a-short-position-on-atom-read-this-to-get-a-clear-picture/Cosmos: Taking a short position on ATOM? Read this to get a clear pictureOsmosis outperforms other DEXes in terms of development activityDespite this, Cosmos' TVL continues to decline, along with its trading volumeOsmosis, a DeFi project on the Cosmos blockchain, could be imperative for the latter's growth in the DeFi space. This was because Osmosis managed to take a lead among DeFi protocols, such as MakerDAO and Lido in terms of development activity over the last few days.https://venturebeat.com/virtual/no-the-metaverse-is-not-dead-its-inevitable/No, the metaverse is not dead – it's inevitableOver the last few weeks, many people have asked me the same question: Is the metaverse dead? This pessimism is not surprising, considering that Meta stock has lost over half its value since formally announcing its strategic pivot to the metaverse. Adding insult to injury, last week Meta announced major layoffs across the company, increasing fear throughout the industry. Trying my best to be objective, I see the current struggles at Meta as a reflection of its legacy business rather than an indication that its metaverse strategy is failing. I believe it will take another year or two before we can really predict whether Meta will be successful in this space, or if other large players will emerge as the true leaders of the metaverse. 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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #149 - 11/18/2022 (Justin Bieber bought a Bored Ape NFT in January for $1.3 million that's likely worth about $70,000 in the wake of the FTX collapse)

    Play Episode Listen Later Nov 18, 2022 14:03


    #Bitcoin #FTX #JustinBieber I'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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/bitcoin-btc-short-traders-ravage-the-market-as-whales-intensify-accumulation/Bitcoin [BTC] short-traders ravage the market as whales intensify accumulationIn spite of persistent price decline, Bitcoin whales continue to accumulate.However, on-chain data suggested that most might be accumulating to short the king coinCurrently trading at a two-year low, Bitcoin [BTC] whales have ramped up the accumulation, on-chain data showed.https://qz.com/the-grownups-are-now-taking-charge-of-ftx-1849795524The grownups are now taking charge of FTXThe job of new FTX CEO John Ray III, who was appointed in the wake of the cryptocurrency exchange's bankruptcy filing, is ostensibly to guide FTX through a complicated restructuring and try to get the exchange's creditors and customers their money back.https://ambcrypto.com/dogecoin-doge-buyers-can-leverage-this-patterns-break-to-their-benefit/Dogecoin [DOGE] buyers can leverage this pattern's break to their benefitWhile defending the $0.07 baseline, Dogecoin formed a bearish pattern on its daily chart.DOGE's Social volumes declined but its funding rate unveiled some hope.Dogecoin's [DOGE] reversal from the $0.07 support finally broke the streak of red candles as the buyers attempted to change the narrative. Consequently, the meme coin grew but flattened near the 200 EMA (green).https://www.businessinsider.com/justin-bieber-bored-ape-nft-value-dropped-after-ftx-collapsed-2022-11Justin Bieber bought a Bored Ape NFT in January for $1.3 million that's likely worth about $70,000 in the wake of the FTX collapseJustin Bieber's bought a Bored Ape NFT for $1.3 million in January. It's now probably worth $70,000, according to NFT Price Floor.The 95% drop in valuation comes after Sam Bankman-Fried's FTX collapsed and caused crypto prices to crash.Bored Ape isn't the only ethereum-fueled NFT collection impacted by the crypto crash.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #148 - 11/17/2022 (FTX Employees Were Encouraged to Keep Life Savings in the Now-Bankrupt Exchange, Sources Say)

    Play Episode Listen Later Nov 17, 2022 20:13


    #Bitcoin #FTX #Tombrady I'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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/sec-v-ripple-16-companies-granted-motion-to-file-amicus-brief/SEC v. Ripple: 16 companies granted a motion to file an amicus briefThe latest hearing for SEC's lawsuit against Ripple saw the latter gaining a significant advantageThe judge has given until 18 November for 16 companies to file their briefsMore than two months after the first request to file amicus curiae was submitted to the court in SEC v. Ripple, presiding Judge Analisa Torres has finally granted the ‘friend of the court' to actually show up in court in support of Ripple. https://www.vox.com/future-perfect/23462333/sam-bankman-fried-ftx-cryptocurrency-effective-altruism-crypto-bahamas-philanthropySam Bankman-Fried tries to explain himselfLast night, Sam Bankman-Fried DMed me on Twitter.That was surprising. I'd spoken to Bankman-Fried via Zoom earlier in the summer when I was working on a profile of him, so I reached out to him via DM on November 13, after news broke that his cryptocurrency exchange had collapsed, with billions in customer deposits apparently gone. I didn't expect him to respond — typically, people under investigation by both the Securities and Exchange Commission and the Department of Justice don't return requests for comment.https://foxsportsradio.iheart.com/featured/outkick-the-coverage-with-clay-travis/content/2022-11-16-tom-brady-steph-curry-other-major-celebrities-sued-for-ftx-endorsement/Tom Brady, Steph Curry, Other Major Celebrities Sued For FTX EndorsementTampa Bay Buccaneers quarterback Tom Brady and Golden State Warriors guard Stephen Curry are among the notable backers being sued for endorsing FTX, along with the cryptocurrency company and its former CEO Sam Bankman-Fried, a copy of the lawsuit shared by The Block crypto reporter Stephanie Murray on Wednesday (November 16) revealed.https://www.coindesk.com/business/2022/11/16/ftx-employees-were-encouraged-to-keep-life-savings-in-the-now-bankrupt-exchange-sources-say/FTX Employees Were Encouraged to Keep Life Savings in the Now-Bankrupt Exchange, Sources SayRetail and institutional investors weren't the only ones to get rug pulled by FTX's swift and stunning collapse last week.In addition to losing their jobs at the now-bankrupt exchange, many of FTX's employees also appear to have significant amounts of personal wealth locked in the platform – wealth that is likely gone after being sucked into the black hole of the FTX disaster.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #147 - 11/16/2022 (Bitcoin: Assessing the odds of BTC investors surviving the ‘long winter')

    Play Episode Listen Later Nov 16, 2022 15:31


    #Bitcoin #Binance #CZ I'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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://fortune.com/crypto/2022/11/15/binance-cz-crypto-first-time-investors-advice-ftx-sbf/The head of the world's largest crypto exchange says that most people shouldn't invest right nowEven the crypto industry's leaders are cautioning investors against buying the dip.With cryptocurrency prices so low, it might seem like a good time for first-time buyers to invest, after industry figureheads like Microstrategy's Michael Saylor and Tesla's Elon Musk popularized the “buy the dip” crypto trend this year.But the market is going through unprecedented turbulence right now after last week's sudden implosion of FTX—one of the largest crypto exchanges—and the fall from grace of its founder and ex-CEO Sam Bankman-Fried, a former hero to crypto insiders. Combined with a crypto winter that has dragged down cryptocurrency prices since last spring, the market is rife with uncertainty and low consumer confidence. https://ambcrypto.com/how-has-the-ftx-collapse-impacted-btc-hodlers-this-data-reveals/Bitcoin holders, whales, and miners: The impact of FTX on the state of BTCBitcoin HODLers withdraw historic amounts of BTC from exchangesMiners continue to feel the pressure amidst the FUDThe mistrust in exchanges has continued unabated ever since the FTX collapse. Now, in an unprecedented move, many BTC HODLers have started withdrawing huge amounts of Bitcoin out of their exchange wallets.https://www.euronews.com/next/2022/11/15/fintech-crypto-weeklyCryptoverse: So long, Solana? Ether rival clobbered by FTX crashThe cryptocurrency, which had been lauded by FTX‘s founder Sam Bankman-Fried, has been hit harder than any other major coin by the collapse of the exchange.The Solana token, or SOL, has dropped 53.8% since the furor began unfolding on Nov. 2. By comparison, ether has fallen about 20% and bitcoin 19%.https://ambcrypto.com/bitcoin-assessing-the-odds-of-btc-investors-surviving-the-long-winter/Bitcoin: Assessing the odds of BTC investors surviving the ‘long winter'BTC held by the exchange was at an all-year lowMVRV Ratio and weighted sentiments were upElon Musk recently posted a tweet regarding Bitcoin [BTC], wherein he mentioned that “BTC will make it, but might be a long winter.”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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #146 - 11/15/2022 (Billionaire Mark Cuban Assigns Blame Over Crypto Crisis) Inbox

    Play Episode Listen Later Nov 15, 2022 16:32


    #Bitcoin #SamBankmanFried #FTXarena I'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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://markets.businessinsider.com/news/currencies/ftx-bankruptcy-sam-bankman-fried-ceo-crypto-binance-alameda-markets-2022-11FTX files for bankruptcy and Sam Bankman-Fried steps down as CEO after crypto exchange fails to secure bailoutFTX announced it was filing for Chapter 11 bankruptcy along with Alameda Research and affiliated companies. Sam Bankman-Fried resigned from his role as CEO of FTX, though he will remain to assist an orderly transition. The new CEO, John J. Ray III, previously was brought in by Enron to clean up its finances. https://ambcrypto.com/avalanche-this-level-can-make-or-break-avaxs-potential-to-rebound/Avalanche: This level can make or break AVAX's potential to reboundAvalanche broke into high volatility to highlight a visible selling edge on its chart.The crypto's funding rates marked an improvement but were yet to turn positive.https://www.totalprosports.com/nba/adult-website-miami-heat-naming-rights/Adult Website Offers Miami Heat $10 Million For Arena Naming Rights (TWEET)The FTX arena is no more.FTX purchased the naming rights for the Heat arena last year in a massive 19-year, $135 million deal.https://www.thestreet.com/investing/cryptocurrency/billionaire-mark-cuban-blames-regulator-over-crypto-debacle?puc=flipboard2&cm_ven=FLIPBOARD2Billionaire Mark Cuban Assigns Blame Over Crypto CrisisMark Cuban is not happy and makes it known.The successful entrepreneur seems, like most business circles, to have been shocked by the implosion, in less than a week, of FTX, one of the big players in the crypto sphere.The cryptocurrency exchange filed for Chapter 11 bankruptcy on Nov. 11, after three turbulent days, which saw a company valued at $32 billion in February urgently calling on its rivals for help.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #145 - 11/11/2022 (‘I'm sorry, I f****d up.' Sam Bankman-Fried needs $4 billion. Fast)

    Play Episode Listen Later Nov 11, 2022 17:43


    #Bitcoin #SamBankmanFried #OdellBeckhamJr I'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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/does-the-recent-aave-dip-offer-a-buying-opportunity-or-will-the-bears-prevail/Does the recent Aave dip offer a buying opportunity, or will the bears prevailThe drop below $79 flips the market structure to bearishSome outflows from the exchanges suggest a mild possibility of a bullish scenarioSince 5 November, USDT (Tether) Dominance shot upward from 6.81% to 8.38%. This showed that market participants fled from crypto assets into holding stablecoins such as Tether. Fear dominated the markets in the wake of the news about FTX's insolvency. Aave performed quite well in the past month.https://www.totalprosports.com/nfl/odell-beckham-jr-salary-loss-bitcoin-decline/If Odell Beckham Jr. Is Still Holding On To The Bitcoin He Was Paid To Play In 2021, It's Now Worth NEGATIVE $190kBack in 2021, celebrities putting money in Bitcoin seemed like the way to go for the future, but everything is a risk in life, and a lot of them are taking a big hit.When the Cleveland Browns decided to drop Odell Beckham Jr. from their team, the Los Angeles Rams signed the wide receiver, OBJ opted to take his entire NFL salary in Bitcoin. At the time, Bitcoin was hitting all-time highs and breaking currency records.https://ambcrypto.com/is-usdt-exposed-to-ftx-read-what-this-tether-exec-has-to-say/Is USDT exposed to FTX? Read what this Tether exec has to sayMembers of the cryptocurrency community have been questioning prominent stablecoin companies about their engagements with FTX and FTT. Perhaps, out of worry that a repeat of the Terra scenario might transpire. Paolo Ardoino, the CTO of Tether, was recently asked about the cryptocurrency's potential risk from FTT as well.https://fortune.com/crypto/2022/11/10/sam-bankman-fried-sorry-ftx-needs-4-billion-fast/‘I'm sorry, I f****d up.' Sam Bankman-Fried needs $4 billion. FastSam Bankman-Fried is on a race to secure $4 billion to save FTX, after rival Binance ditched its 11th-hour bid to buy the collapsing crypto exchange.Bankman-Fried reportedly told investors on Wednesday evening that FTX is facing a shortfall of funds up to $8 billion and is in danger of bankruptcy if the company doesn't receive at least $4 billion to stay solvent, according to separate reports from Bloomberg and the Financial Times. Bankman-Fried said FTX is willing to take the cash in whatever form it comes in, be it debt, equity, or a mixture of both.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #144 - 11/10/2022 (Tom Brady Could Lose Millions in this Latest Drama)

    Play Episode Listen Later Nov 10, 2022 18:48


    #Bitcoin #SamBankmanFried #TomBrady I'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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.thestreet.com/investing/cryptocurrency/crypto-billionaire-bankman-fried-loses-entire-fortune-in-one-day?puc=flipboard2&cm_ven=FLIPBOARD2Crypto Billionaire Bankman-Fried Loses Entire Fortune in One DayThis day of Nov. 8, Sam Bankman-Fried will never forget it. The young 30-year-old billionaire was just before that day considered the tutelary figure of the crypto sphere. A sort of godfather to turn to when things go wrong. He owed this image to his tour de force during the summer to bail out and save crypto firms struggling due to a credit crunch caused by the sudden collapse of the cryptocurrencies Luna and UST or TerraUSD, two tokens issued by the Terraform Labs platform.https://www.zdnet.com/article/department-of-justice-seized-3-billion-in-bitcoin-found-in-underground-safe-and-popcorn-tin-after-silk-road-fraud/Department of Justice seized $3 billion in Bitcoin found in underground safe and popcorn tin after Silk Road fraudThe US Department of Justice has revealed a massive seizure of over 50,000 Bitcoin, the second biggest seizure the department has ever made. The DoJ said that Bitcoin was seized from James Zhong who pled guilty to committing wire fraud in September 2012 when he unlawfully obtained over 50,000 Bitcoin from the Silk Road dark web internet marketplace. Zhong pled guilty on Friday, November 4.https://finbold.com/crypto-market-bleeds-out-100-billion-in-ftx-drama-aftermath/Crypto market bleeds out $100 billion in FTX drama aftermathAfter the developments surrounding one of the largest cryptocurrency exchanges sent shockwaves across the crypto sector, most of its participants continue to count their losses, with the market as a whole losing tens of billions of dollars.As it happens, the carnage following the FTX drama has inflicted a grievous wound to the crypto market capitalization, bleeding it by more than $100 billion in a day, as per data retrieved by Finbold from CoinMarketCap on November 9.https://foxsportsradio.iheart.com/featured/outkick-the-coverage-with-clay-travis/content/2022-11-09-tom-brady-could-lose-millions-in-this-latest-drama/Tom Brady Could Lose Millions in this Latest DramaTampa Bay Buccaneers Tom Brady reportedly could lose millions due to his massive cryptocurrency investments, according to CoinDesk.com.Brady and his ex-wife, Gisele Bündchen, took part in a long-term partnership with both FTX.com and FTX.US, which made Brady a brand ambassador and Bündchen an environmental and social initiatives adviser.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #143 - 11/9/2022 (China's Digital Yuan Works Just Like Cash—With Added Surveillance) Inbox

    Play Episode Listen Later Nov 9, 2022 20:29


    #Bitcoin #SamBankmanFried #FTXBinance I'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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/holding-eth-at-a-loss-you-may-want-to-read-this-before-making-your-next-trade/Holding ETH at a loss? You may want to read this before making your next trade Since the end of October, all categories of Ethereum [ETH] holders embarked on a buy-the-dip spree, data from Santiment revealed. According to the on-chain analytics platform, the leading altcoin witnessed a surge in coin accumulation by small, medium, and large traders since late October.https://arstechnica.com/information-technology/2022/11/ftx-on-brink-of-collapse-after-liquidity-crunch-at-crypto-exchange/FTX on brink of collapse after “liquidity crunch” at crypto exchangeThe digital assets industry has been shaken by the near-collapse of Sam Bankman-Fried's FTX, one of the largest crypto exchanges, which clinched a rescue deal with arch-rival Binance after a surge in customer withdrawals sparked a liquidity crisis.Binance chief executive Changpeng “CZ” Zhao wrote on Twitter that FTX had “asked for our help,” adding: “There is a significant liquidity crunch.” Binance has signed a letter of intent to buy FTX but said it had “the discretion to pull out from the deal at any time.”https://www.benzinga.com/markets/cryptocurrency/22/11/29597331/bitcoin-whales-in-a-frenzy-as-btc-transaction-volume-reaches-one-month-highBitcoin Whales In A Frenzy As BTC Transaction Volume Reaches One-Month HighThe seven-day moving average of Bitcoin's transaction volume reached a one-month high of $1,678.6 million on Nov. 7, per Glassnode data.A heightened level of on-chain activity often coincides with significant market movements, such as an inflow or outflow of capital.https://www.wired.com/story/chinas-digital-yuan-ecny-works-just-like-cash-surveillance/China's Digital Yuan Works Just Like Cash—With Added SurveillanceVISA HAS LONG paid to be the sole payments processor at the Olympic Games. But at the Winter Olympics in Beijing earlier this year it had competition—from the Chinese government. Visitors could, after scanning their passports, exchange foreign bills for eCNY, a new digital currency being rolled out by the country's central bank, the People's Bank of China. Visitors could splash their digital cash by using a card or mobile app to pay for things around the Olympic Village.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #142 - 11/8/2022 (Beeple Is Bringing 'Immersive 3D NFTs' to Solana)

    Play Episode Listen Later Nov 8, 2022 29:33


    #Bitcoin #Beeple #Lebanon I'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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/bitcoin-price-prediction-for-december-31-2022/Bitcoin price prediction for December 31, 2022Bitcoin (BTC) has regained the $21,000 level in November after weeks of consolidating around $20,000, characterized by sideways price movement. Notably, investors are exploring potential signals for the asset's price bottom that would likely usher in a new rally.Indeed, Bitcoincenter's rainbow price chart is among the tools used to gauge Bitcoin's performance by highlighting the asset's past trends alongside insights into long-term price movement. The tool is also known as the fun chart indicating the market sentiments in colored bands.https://ambcrypto.com/nears-conflict-with-market-bulls-proves-the-protocol-may-have-a-mind-if-its-own/NEAR's conflict with market bulls proves the protocol may have a mind if its ownThe last month was marked by positive price corrections in the cryptocurrency market, which sent the price of alts like Dogecoin [DOGE] rallying by 100%. According to data from CoinGecko, global cryptocurrency market capitalization grew by 9% in the last 30 days.https://www.cnbc.com/2022/11/05/-in-bankrupt-lebanon-locals-mine-bitcoin-and-buy-groceries-with-tether.htmlIn bankrupt Lebanon, locals mine bitcoin and buy groceries with tether, as $1 is now worth 15 centsOnce known for its stable and investment-friendly banking system, Lebanon has plunged into chaos as hyperinflation grips the country and banks force huge haircuts on dollar withdrawals.To make ends meet in a financial system that no longer makes sense, some Lebanese are mining bitcoin or storing wealth using the cryptocurrency.The dollar-pegged stablecoin tether, which users trade for cash, is also popular.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #141 - 6/24/2022 (Should You Buy the Crypto Dip While Bitcoin and Ethereum Prices Are Down? Here's What Experts Say)

    Play Episode Listen Later Jun 24, 2022 21:28


    #Bitcoin #Cryptodip #Buythedip I'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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/bitcoin-the-cost-for-maintaining-this-firms-hodl-strategy-3k-btcs/Bitcoin: The cost of maintaining this firm's HODL strategy? 3K BTCs…Canadian cryptocurrency mining business Bitfarms has sold more than $62 million in Bitcoin in June, using the proceeds to settle its debt. About 3,000 Bitcoins, or roughly 47% of Bitfarms' total holdings of about 6,349 BTC, have been sold in the preceding seven days, according to a statement released on Tuesday.According to the company, it will “rebalance its liabilities by lowering its BTC-backed credit facility with Galaxy Digital,” with the $62 million from BTC sales. As of the time of writing, Bitfarms' debt was $38 million after using the cryptocurrency it sold in June to reduce its credit facility from $100 million to $66 million.https://bitcoinist.com/purpose-bitcoin-etf-suffers-massive-outflows/Canadian Purpose Bitcoin ETF Suffers Massive Outflows, But Others Are Picking Up The SlackWith the decline in bitcoin prices have come various implications for different types of investors. Retail investors with direct exposure to the market have taken heavy losses, as have the institutional investors. The most prominent of these have been in the Canadian Bitcoin ETF, Purpose, which had recorded some of the largest losses in the space.https://www.zdnet.com/article/microsoft-ransomware-gangs-are-using-unpatched-exchange-servers-to-gain-access-so-get-updating/Your email is a major source of security risks and it's getting worseMalware delivered to email accounts rose 196% in 2021 year on year, according to cybersecurity firm Trend Micro, which warns that email remains a major avenue for criminals looking to deliver malware and phish account credentials.https://fortune.com/2022/06/23/vitalik-buterin-crypto-utopia-wealth-signaling-yacht-three-arrows/Vitalik Buterin says he wants to turn the world into a utopia where ‘rich people's desire for wealth signaling' doesn't go to ‘wasteful zero sum crap' like a superyachtThe creator of Ethereum has a unique goal for society.“I want to make our world more like the Yudkowskian dath ilan utopia,” Vitalik Buterin tweeted on Thursday, referring to a fictional, parallel Earth called dath ilan, created by artificial intelligence researcher, safety activist, and writer Eliezer Yudkowsky. In this “utopia,” he said, “instead of rich people's desire for wealth signaling going into wasteful zero sum crap, it goes into supporting public goods.”https://time.com/nextadvisor/investing/cryptocurrency/should-i-buy-crypto-dip/Should You Buy the Crypto Dip While Bitcoin and Ethereum Prices Are Down? Here's What Experts SayIn case you didn't know, bitcoin is on discount right now.That's according to two experts and a major financial institution who say bitcoin is currently undervalued at $20,000. JPMorgan Chase recently valued the coin at $38,000 — roughly 90% more than its current price. 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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #140 - 6/21/2022 (How to make money from NFTs without selling them)

    Play Episode Listen Later Jun 21, 2022 23:01


    #Bitcoin #MichaelSaylor #NFT I'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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-ada-plotting-the-path-to-a-125-rally-after-1-august/Cardano [ADA]: Plotting the path to a 125% rally after 1 AugustThe crypto-winter turned crypto-blizzard has led to tokens facing some of their most difficult days. Cardano [ADA] is one such altcoin that has receded back into the bearish zone. Additionally, the bearish zone at this point has become the crypto's second home, especially considering its performance over the last year.https://fortune.com/2022/06/20/bitcoin-whale-microstrategy-michael-saylor-urges-governments-to-regulate-crypto/Bitcoin whale Michael Saylor urges governments to step in and regulate crypto's ‘parade of horribles'The world's largest public holder of Bitcoin called on regulators to finally tackle a laundry list of risky, immature crypto industry practices, or “parade of horribles”, that are unfairly weighing on the price of its asset.Microstrategy CEO Michael Saylor argues the over 19,000 cryptocurrencies and digital tokens in circulation must be viewed as “unregistered securities” that cannot be likened to a hard commodity like Bitcoin—which has no issuer, no management, no employees, no product cycle and only a finite supply.https://edition.cnn.com/2022/06/20/success/savings-mistakes-financial-life/5 savings mistakes people make when building their financial lifeThe road to financial independence is not easy, and usually requires patience and diligence early on.For young people still trying to establish their careers, focusing on retirement or saving for the future may not seem like a top priority. But making the wrong money moves early on can be costly.Here are the five most common mistakes young adults are making when building their financial lives:https://www.benzinga.com/markets/cryptocurrency/22/06/27786861/elon-musk-is-still-buying-dogecoin-if-you-join-him-and-invest-100-heres-how-much-youll-havElon Musk Is Still Buying Dogecoin, If You Join Him And Invest $100, Here's How Much You'll Have If DOGE Gets Back To 25 CentsElon Musk has called Dogecoin his favorite cryptocurrency.He has often been a catalyst to help boost the price of DOGE.https://bitcoinist.com/how-to-make-money-from-nfts-without-selling-them/How to make money from NFTs without selling themAre you feeling wrong about the current crypto and NFT market? So are we. How long will it last? No one knows.But there is a plan. This whole period can be turned into a very profitable activity. There is no need to call or persuade anyone to order something, then participate in the pyramid and end up disappointed. Creativity is the essential ingredient. Well, there's also the 0X0.ART NFT ticket, which you can sell at any time. But is it worth it if it's going to lay golden eggs? Read on to understand the genius behind the idea.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #139 - 6/20/2022 (What the crypto collapse means for El Salvador's economy)

    Play Episode Listen Later Jun 20, 2022 26:03


    #Bitcoin #Litecoin #Elsalvador I'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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/litecoin-evaluating-the-possibility-of-ltc-going-back-to-100/Litecoin: Evaluating the possibility of LTC going back to $100Litecoin [LTC] is one of the few altcoins that is managing to recover the losses gradually. This on all fronts is indicating a possible trend reversal.While resistance from the broader market cues is natural, the support it has from its investors will play a crucial role in helping the cryptocurrency recover quickly.https://www.cnbc.com/2022/06/18/bitcoin-price-drops-below-18600-as-sell-off-accelerates.htmlBitcoin briefly dropped below $17,800 as sell-off accelerates — here's what happenedBitcoin fell to about $17,749, and ether fell to about $897 on Saturday afternoon, as the sell-off in the crypto market accelerates.Bitcoin bounced back to around $18,955 and ether was trading at about $955 just after 8 p.m. ET.Bitcoin peaked at $68,789.63 in November.https://www.theguardian.com/technology/commentisfree/2022/jun/19/the-crypto-crash-all-ponzi-schemes-topple-eventuallyThe Crypto Crash: all Ponzi schemes topple eventuallyOne week ago, as cryptocurrency prices plummeted, Celsius Network – an experimental cryptocurrency bank with more than one million customers that has emerged as a leader in the murky world of decentralized finance, or DeFi – announced it was freezing withdrawals “due to extreme market conditions”.https://www.benzinga.com/markets/cryptocurrency/22/04/26559815/if-you-invested-100-in-apple-tesla-bitcoin-ethereum-and-dogecoin-5-years-agoIf You Invested $100 In Tesla, Apple, Bitcoin, Ethereum And Dogecoin 5 Years Ago, Here's How Much You'd Have NowAs good as investors in the major U.S. indices have had it in recent years, cryptocurrencies and a number of large-cap tech stocks have performed that much better. Cryptocurrency and tech bulls who bought in 2017 and held through when U.S. markets bottomed out in March 2020, despite the recent volatility, have been treated to epic returns on their investment.https://www.npr.org/2022/06/19/1106168947/what-the-crypto-collapse-means-for-el-salvadors-economyWhat the crypto collapse means for El Salvador's economyThe recent collapse in the value of cryptocurrencies has left a lot of investors in those digital assets in a lot of pain. The collapse is also causing trouble in El Salvador, whose president, Nayib Bukele, last year adopted bitcoin as one of the country's legal tenders alongside the U.S. dollar and has invested more than $100 million in bitcoin. To help us better understand what this could mean for El Salvador's economy, we're joined by Julio Sevilla. He's an associate professor at the Terry College of Business at the University of Georgia. Julio Sevilla, welcome to ALL THINGS CONSIDERED.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #138 - 6/17/2022 (Tried to rob shop after losing money needed for his wedding to a crypto scam)

    Play Episode Listen Later Jun 17, 2022 21:31


    #Bitcoin #BillGates #NFTs I'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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/bear-market-doesnt-affect-interest-in-crypto-bofa/Bear Market What? Bank of America Study Shows Interest In Crypto Remains StrongThe bear market is making things difficult for most stakeholders in the crypto industry, but a recent survey by the Bank of America shows that despite the pain, people's interest in crypto and digital assets remains high.On Tuesday, Bank of America Global Research released a study detailing the findings of their “inaugural crypto/digital asset survey,” which was conducted at the beginning of this month.https://fortune.com/2022/06/16/elon-musk-spacex-tesla-258-billion-lawsuit-alleged-dogecoin-pyramid-scheme/U.S. man sues Elon Musk, SpaceX and Tesla for $258 billion on behalf of investors allegedly defrauded by Dogecoin pyramid schemeElon Musk, SpaceX and Tesla Inc. were sued for $258 billion over claims they are part of a racketeering scheme to back the cryptocurrency Dogecoin.Keith Johnson, “an American citizen who was defrauded out of money by defendants' Dogecoin Crypto Pyramid Scheme,” sued Musk and his companies, claiming they constitute an illegal racketeering enterprise to inflate Dogecoin's price.https://www.tipranks.com/news/article/here-are-three-stocks-likely-to-survive-the-crypto-carnage/Here Are Three Stocks Likely to Survive the Crypto CarnageThe cryptocurrency markets have seen a bloodbath recently as cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) have seen unprecedented drawdowns. While Bitcoin has more than halved in value by 53% this year and is currently hovering around the $22,000 mark, Ethereum has tanked by 67.6% and is currently near the $1,200 mark.https://bossip.com/2137594/bill-gates-nfts/Bill Gates Pokes Fun At NFTs And ‘Expensive Digital Images of Monkeys,' Says He's ‘Not Involved'No matter where you look these days, it seems like every internet personality with a little bit of cash is trying to convince you NFTs are the next big thing. But, here's one billionaire who isn't on board with this new business: Bill Gates.In a new interview for TechCrunch's Sessions: Climate 2022 event, the Microsoft founder referenced the wildly popular Bored Ape Yacht Club NFT collection by jokingly suggesting their existence is doing something to improve the state of the world.https://www.dailymail.co.uk/news/article-10924423/Moment-groom-25-tried-rob-corner-shop-gunpoint-lost-savings-online-scam.htmlMoment groom-to-be, 25, tried to rob corner shop at gunpoint after he lost all the money he needed for his wedding to a cryptocurrency scam – as he is spared jailLouis Crosby, 25, 'naively' converted his savings into a digital cash investmentBut the groom-to-be soon learned he was the victim of a cryptocurrency scamHe then tried to rob a Premier news shop at gunpoint but was fought off by staffCrosby, of Sunderland, Tyne and Wear, received a two-year suspended sentencehttps://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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #137 - 6/16/2022 (Three Big Reasons Crypto Is in Trouble Right Now)

    Play Episode Listen Later Jun 16, 2022 31:10


    #Bitcoin #KevinOleary #NFT I'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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://fortune.com/2022/06/15/ethereum-maximalist-mark-cuban-crypto-crash-warren-buffett-advice/Ethereum maximalist Mark Cuban says the crypto crash reminds him of Warren Buffett's advice: ‘When the tide goes out, you get to see who is swimming naked'The cryptocurrency market is seeing a flash of failed and struggling projects amid a rough downturn that has left investors fearful over what's to come.Looking ahead, billionaire Mark Cuban sees extinction.“In stocks and crypto, you will see companies that were sustained by cheap, easy money—but didn't have valid business prospects—will disappear,” the Shark Tank investor and Dallas Mavericks owner told Fortune. “Like [Warren] Buffett says, ‘When the tide goes out, you get to see who is swimming naked.'”https://ambcrypto.com/xrp-hinmans-speech-stuart-alderotys-comments-making-sense-of-it-all/XRP, Hinman's speech, Stuart Alderoty's comments- Making sense of it allThe SEC filed a lawsuit in December 2020 against San Francisco-based firm Ripple Labs. The fintech firm allegedly raised funds through the sale of digital assets known as XRP in unregistered securities. It's been more than two years, but a concrete outcome to this litigation seems far away.Furthermore, repetitive delays are making things worse for XRP holders who blamed the SEC for the same.https://www.nerdwallet.com/article/investing/cryptocurrencyCryptocurrency: What it is and How it WorksWhat is cryptocurrency?A cryptocurrency (or “crypto”) is a digital asset that can circulate without the need for a central monetary authority such as a government or bank. Instead, cryptocurrencies are created using cryptographic techniques that enable people to buy, sell or trade them securely.How does cryptocurrency work?Bitcoin and most other cryptocurrencies are supported by a technology known as blockchain, which maintains a tamper-resistant record of transactions and keeps track of who owns what. The creation of blockchains addressed a problem faced by previous efforts to create purely digital currencies: preventing people from making copies of their holdings and attempting to spend it twice[1].https://markets.businessinsider.com/news/currencies/shark-tank-kevin-oleary-crypto-market-outlook-bottom-panic-bitcoin-2022-6Kevin O'Leary says the crypto market won't hit bottom until there's panic: 'we need someone to go to zero'Kevin O'Leary said the cryptocurrency market won't hit a bottom until there is a panic event."In the crypto world, we need someone to go to zero," he told CoinDesk.The "Shark Tank" star's comments come as cryptos continue to edge lower Wednesday.https://slate.com/technology/2022/06/celsius-crypto-crash-bitcoin-coinbase-layoffs.html?via=rss_flipboardThree Big Reasons Crypto Is in Trouble Right NowIf you've detected some digital tears amid the sea of ape and punk avatars on Twitter, it's because—not for the first time this year—cryptocurrencies are experiencing a major nosedive. Bitcoin briefly dropped below $20,000 Wednesday morning for the first time since December 2020, and other popular currencies like Ethereum have also plunged to their lowest levels in years. Binance, the world's biggest crypto exchange, had to halt Bitcoin withdrawals on its platform for a few hours on Tuesday. Yahoo Finance reports that on Monday, $1 billion worth of currency was liquidated from the market over a 24-hour period; overall, crypto has lost two-thirds of its market share since its November peak.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #136 - 6/15/2022 (What Happens if Bitcoin Falls Below $20,000?)

    Play Episode Listen Later Jun 15, 2022 24:32


    #Bitcoin #MichaelSaylor #cryptocrash I'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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/between-ethereum-and-its-merge-what-is-stopping-eths-recovery-on-the-charts/Between Ethereum and its Merge, what is stopping ETH's recovery on the chartsEthereum [ETH]'s much-awaited “Merge” is here. And it is here to create the much-anticipated shift in paradigm i.e. the shift from Proof-of-Work (PoW) to Proof-of-Stake (PoS). Much has been said about ETH's merger, however, how has the token faired amid the ongoing changes to the network? Let's find out…https://qz.com/2177569/the-biggest-corporate-holder-of-bitcoin-is-facing-a-reckoning/The biggest corporate holder of bitcoin is facing a reckoningMicroStrategy is famous for owning more bitcoin than any other publicly-traded company. As of June 14, the Virginia-based business intelligence company holds 129,218 bitcoins, more than two-and-a-half times as much as Tesla, the next largest bitcoin owner. That bitcoin is now worth about $2.9 billion, less than half of the roughly $6 billion it was worth just two months ago.https://observer.com/2022/06/coinbase-and-its-ceo-are-melting-down/Coinbase and Its CEO Are Melting DownFor a time, Coinbase looked like one of the great success stories of the cryptocurrency era. The company built one of the best-known and most reliable crypto exchanges in the world (although most of its customers are in the US). Its assets under management ballooned from $11 billion in 2018 to $223 billion in 2021. And its initial public offering in April 2021 was exquisitely timed to harness bitcoin's upward trajectory. The Observer included Coinbase in its 2022 list of the most important companies in decentralized finance.https://www.usatoday.com/story/money/markets/2022/06/14/stock-market-performance-s-p-500-bear-market/7620993001/S&P 500 bear market deepens further ahead of the Fed meetingStocks see-sawed between gains and losses after Monday's painful selloff which put the S&P 500 into a bear market.The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all opened higher on Tuesday, but the Nasdaq was the only index to close higher, up 19 points or 0.18%. The S&P 500 closed down about 14 points, or 0.4% while the Dow closed down 151 points, or 0.5%.https://decrypt.co/102952/what-happens-if-bitcoin-falls-below-20000What Happens if Bitcoin Falls Below $20,000?As bearish sentiment floods financial markets, experts are weighing in on whether Bitcoin will plunge below the $20,000 mark—and what might happen if it does.Bitcoin, now firmly in a bear market, is currently trading at just above $22,000, a remarkable fall from its all-time high price of nearly $69,000—and a drop that most observers attribute to worsening macro-economic conditions, such as rising inflation and interest rates.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #135 - 6/13/2022 (Crypto lender celsius pauses withdrawals transfers citing extreme market conditions)

    Play Episode Listen Later Jun 13, 2022 18:40


    #Bitcoin #Celsius #Marketcrash I'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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/as-investors-dump-link-lets-take-a-look-at-the-chain-reactions-that-triggered-this/As investors dump LINK, take a look at the ‘chain' reactions that triggered thisChainlink was on a solid uptrend for the last two weeks before the broader market crash terminated the rally and brought the coin back down. The last 24 hours have been marked as the third time in this year alone that Chainlink's attempts at recovery have been crushed by the bears.https://www.benzinga.com/news/22/06/27664587/celsius-says-its-halting-withdrawals-due-to-extreme-market-conditionsMore Pain Ahead For Ethereum? Celsius Crashes 55% As It Halts Withdrawals Over 'Extreme Market Conditions'Cryptocurrency lending firm CelsiusCEL/USD says it is pausing all withdrawals, swaps and transfers between accounts.What Happened: Celsius said in a statement late Sunday it is taking the steps “due to extreme market conditions.”“We are announcing that Celsius is pausing all withdrawals, Swap, and transfers between accounts. We are taking this action today to put Celsius in a better position to honor, over time, its withdrawal obligations,” the firm said.https://news.bitcoin.com/economist-peter-schiff-explains-why-he-expects-bitcoin-to-crash-as-recession-deepens-warns-dont-buy-this-dip/Economist Peter Schiff Explains Why He Expects Bitcoin to Crash as Recession Deepens — Warns 'Don't Buy This Dip'Economist and gold bug Peter Schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether. He explained that “The need to sell bitcoin to pay the bills will only get worse as the recession deepens,” adding that bitcoin is poised to crash to $20K while ether will sink to $1K.https://www.forbes.com/sites/billybambrough/2022/06/11/treasury-secretary-janet-yellen-issues-serious-crypto-warning-as-sudden-price-crash-hits-bitcoin-ethereum-bnb-solana-cardano-and-xrp/?sh=5fb8fac2d372Treasury Secretary Janet Yellen Issues Serious Crypto Warning As Sudden Price Crash Hits Bitcoin, Ethereum, BNB, Solana, Cardano And XRPThe bitcoin price has dropped under $29,000 per bitcoin, its lowest since late May, as stocks suffered their worst week since January following a red-hot inflation report that exceeded economists' forecasts. Ethereum has crashed more than 10% after developers again delayed a long-awaited upgrade, with top ten coins BNBBNB -3.6%, solana, cardano and XRPXRP -2.4% also crashing back.https://techcrunch.com/2022/06/12/crypto-lender-celsius-pauses-withdrawals-transfers-citing-extreme-market-conditions/Crypto lender celsius pauses withdrawals transfers citing extreme market conditionsCelsius Network, one of the biggest crypto lenders, told customers Sunday evening that it is pausing withdrawals, swap, and transfers between accounts in a move that has sparked discussions and prompted the price of the firm's token to take a 60% tumble in the past one hour to as low as 19 cents.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #134 - 6/10/2022 (How Gen Z Is Hooked On Cryptocurrency And NFTs)

    Play Episode Listen Later Jun 10, 2022 29:52


    #Bitcoin #Cardano #GenZ I'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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.marketplace.org/2022/06/09/when-a-cryptocurrency-you-never-heard-of-drains-your-life-savings/When a cryptocurrency you never heard of drains your life savingsSteve Insall has watched his life savings disappear by the second in an app on his phone.He spent most of Tuesday, May 10, in his condo, trying to withdraw anything that remained of the $320,000 balance that was there just days before.The app wouldn't let him. While watching Bloomberg TV talk about a cryptocurrency he only learned of the day before, he tried to hide his panic from his wife.“She was getting ready for work, the baby was eating on the highchair,” Insall said. “The 3-year-old was on an iPad. I was keeping it all inside.”https://www.slashgear.com/818151/times-technology-went-straight-up-evil/Why Cryptocurrency Might Turn Out To Be Worthless, According To A Nobel Laureate EconomistCryptocurrencies have no dearth of skeptics with relevant domain expertise, and now Nobel laureate Paul Krugman has joined that ever-expanding list of vocal pessimists. Krugman, who was awarded the Nobel Memorial Prize in Economic Sciences in 2008 for his pioneering work linking trade patterns with geography and globalization, compared the current crypto-verse with the stock and housing market crash of 2008 that led to losses worth over a trillion dollars for investors.https://bitcoinist.com/ethereum-merge-not-coming-until-2023/Cardano Founder Says Ethereum Merge Not Coming Until 2023The Ethereum Merge is currently the most anticipated upgrade in the crypto space. It has been about two years in the making and has been pushed back due to multiple delays. However, the project has since gotten back on track as the team has assured the public that the Merge will happen sometime this year. Cardano founder Charles Hoskinson has disagreed with this timeline, saying that the merge will not happen in 2022.https://decrypt.co/102469/web-nyc-gallery-nft-remotely-display-artThis NYC Gallery Lets NFT Owners Remotely Display Their Art From AnywhereWeb3 NYC Gallery is a new NFT gallery opening in Manhattan on June 15.The gallery's Genesis NFTs let holders control a display in the space, so they can show off and even sell their NFTs.https://www.benzinga.com/markets/cryptocurrency/22/06/27633061/how-gen-z-is-hooked-on-cryptocurrency-and-nftsHow Gen Z Is Hooked On Cryptocurrency And NFTsIt is known that digital tokens have two key characteristics: they serve as a medium of exchange and a means of accumulation. These characteristics influenced the adoption of new technology by different generations. If the older generation is more inclined toward long-term investments, they consider digital tokens to save money; the younger generation prefers to evaluate the liquidity of these tokens and the possibility of using them for a transaction.Most young investors are confident that cryptocurrencies will make them millionaires. According to a survey conducted among 1030 US residents over 18 years old, 60% of zoomers (Generation Z) expect to become millionaires thanks to investments in cryptocurrencies. According to experts, young people are becoming more interested in crypto and rejecting traditional finance amid rising inflation and rising prices for real estate and education.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

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

    Play Episode Listen Later Jun 8, 2022 28:16


    #Bitcoin #Satoshi #LINKI'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT. My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.ARTICLES used in today's video:https://www.slashgear.com/790412/tech-from-2021-that-changed-our-lives-forever/Why Nobody Knows Who Created BitcoinFor years, many have been debating the true identity of Bitcoin's credited inventor: Satoshi Nakamoto. In 2008, the website bitcoin.org went online, and after two months, it unveiled a whitepaper detailing the concept behind a peer-to-peer electronic cash system (via Business Insider). This document also contained the name of its author, Satoshi Nakamoto, leading most to believe that he was the one and only individual human person responsible for creating the most popular cryptocurrency today. While there are undoubtedly a lot of people in the world who go by that name, there is at least one who was linked to Bitcoin based on his distinct set of skills and background.https://www.cryptopolitan.com/all-crypto-influencers-and-founders-exposed/All crypto influencers and Web3 project founders EXPOSED?An Anonymous Twitter user is planning of releasing over 100GB of Telegram messages, exposing popular crypto influencers and project founders.The Anon claimed many influencers engaged in scams, rug pulls, and even sexual assaults and assassinations.The information could wreck the crypto market, but many doubts the veracity of the calms.https://cointelegraph.com/news/link-marines-rejoice-after-chainlink-2-0-brings-a-new-roadmap-and-stakingLINK marines rejoice after Chainlink 2.0 brings a new roadmap and stakingPassive income opportunities are one of the biggest draws in the cryptocurrency ecosystem because it gives investors an easy opportunity to grow their portfolio size regardless of the day-to-day price action.The latest token to get a bump in its price after announcing the upcoming implementation of staking is Chainlink (LINK), the decentralized oracle network that provides important off-chain information needed for the proper functioning of smart contracts.Data from Cointelegraph Markets Pro and TradingView shows that since bouncing off a low of $6.67 on June 4, the price of LINK has increased 35% to hit a daily high of $9.00 on June 7.https://bitcoinist.com/paypal-will-let-you-send-crypto-to-external-wallets/Why PayPal Will Finally Let You Send Crypto To External WalletsPayment processor PayPal will allow users to transfer their crypto to external wallets and exchanges, according to a statement from Jose Fernandez da Ponte, Senior Vice President at the company. The new feature was highly demanded by the users, the executive confirmed.https://www.pbs.org/newshour/economy/cryptocurrency-meltdown-is-wake-up-call-for-many-including-congressCryptocurrency meltdown is wake-up call for many, including CongressMeltdowns in the cryptocurrency space are common, but the latest one really touched some nerves. Novice investors took to online forums to share tales of decimated fortunes and even suicidal despair. Experienced crypto supporters, including one prominent billionaire, were left feeling humbled.When the stablecoin TerraUSD imploded last month, an estimated $40 billion in investor funds was erased — and so far there has been little or no accountability. Stablecoins are supposed to be less vulnerable to big swings — thus the name — but Terra suffered a spectacular collapse in a matter of days. https://alternative.me/crypto/fear-and-greed-index/https://coinmarketcap.com/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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #132 - 6/6/2022 (Crypto doesn't belong in retirement accounts)

    Play Episode Listen Later Jun 6, 2022 19:03


    #Bitcoin #coinbase #retirementI'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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/2022/6/5/23155442/crypto-winter-coinbase-in-trouble-hiring-freeze-rescinded-job-offersCrypto winter has come, and Coinbase is in troubleCoinbase is pulling back on its hiring efforts. In a memo posted to Coinbase's site, chief people officer L.J. Brock announced that Coinbase is putting a pause on hiring new employees, as well as rescinding several job offers already accepted by prospective workers, citing “current market conditions and ongoing business prioritization efforts.”https://bitcoinist.com/bitcoin-atm-installations-drop-in-may/Bitcoin ATM Installations Notch Record Drop In May – Demand For Crypto Waning?Since its beginning, Bitcoin ATMs have shown to be a significant tool in nations where they are implemented. Traders may instantly deposit or withdraw crypto assets into their wallets by linking them to these money-dispensing machines.As we approach the midpoint of 2022, the year is not shaping up to be the best for Bitcoin ATM installations worldwide. During the month of May, only 202 new cryptocurrency ATMs were installed globally, a number not seen for three years.https://boldtv.com/matthew-hirsch/2022/06/05/nft-renting-why-you-might-want-to-and-how-to-do-it/?utm_source=rss&utm_medium=rss&utm_campaign=nft-renting-why-you-might-want-to-and-how-to-do-itNFT Renting: Why You Might Want To And How To Do ItThe world is experiencing somewhat of a revolution in terms of non-fungible tokens. But unfortunately, the NFT market has also taken a massive hit amid a crypto crash. Since its peak in 2021, the market is down about 92 percent! But that doesn't necessarily mean the death of NFTs as a whole. Just possibly the end of JPEG monkeys. In reality, NFTs can provide value by utilizing smart contracts and the like on the Ethereum blockchain. But, did you know NFT renting is a thing? Here's how and why you would rent an NFT.https://news.bitcoin.com/dubais-retail-giant-majid-al-futtaim-accepts-crypto-at-29-shopping-malls-and-13-hotels-in-partnership-with-binance/Dubai's Retail Giant Majid Al Futtaim Accepts Crypto at 29 Shopping Malls and 13 Hotels in Partnership With BinanceLeading shopping mall operator Majid Al Futtaim has partnered with Binance to accept cryptocurrencies at its malls and other properties. “Majid Al Futtaim is one of the most prestigious businesses in the Middle East and has millions of customers every year,” said the CEO of Binance.https://www.dallasnews.com/opinion/commentary/2022/06/05/crypto-doesnt-belong-in-retirement-accounts/Crypto doesn't belong in retirement accountsI have long ago given up handicapping the price of bitcoin. I told people they were crazy to get in at $1,000. It doesn't get much less prescient than that.After falling by half to $29,000, bitcoin is now closer to $1,000 than it is to all-time highs around $70,000. It's not the golden ticket it appeared to be during the pandemic investment mania, but it's certainly made some people rich.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #131 - 6/3/2022 (Warner Bros To Sell Looney Tune NFTs)

    Play Episode Listen Later Jun 3, 2022 20:06


    #Bitcoin #Shibainu #LooneytunesI'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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/explaining-why-people-are-buying-and-not-buying-bitcoin-btc/Explaining why people are buying and NOT buying Bitcoin [BTC]Bitcoin and cryptocurrencies have been at the center of financial markets in 2022. Extreme volatile trends coupled with aggressive development in the Web 3 space have caught the eyes of many. To further study these trends, Block Inc. recently published a report detailing a survey of 9,500 people across major continents.Block Inc. partnered with Wakefield Research to publish the report titled “Bitcoin: Knowledge and Perception.” The report talks about the retail trends of Bitcoin perception in 14 countries across the world. According to the same, most people consider Bitcoin as a means for payment, among other uses.https://slate.com/technology/2022/06/bored-ape-yacht-club-thefts-nfts-cryptocurrency.html?via=rss_flipboardAll Their Apes GoneEarly last year, when nonfungible tokens arose out of the crypto world to become something of a cultural phenomenon, there was nary a grinning ape in sight. But within a few months, those avatars—procedurally generated simians sporting hats and sunglasses and drawn, more or less, in the manic style of a Gorillaz video—became the face of not only NFTs, but in some ways the broader mania around cryptocurrency. Yes, Bored Ape Yacht Club avis are basically just .jpgs stored on a digital ledger, easy for anyone on the web to right-click and save. And yes, though much of the rest of the NFT market has cratered, the apes remain a status symbol, having fetched nearly $20 million just over the past week with an average price of $188,000 per ape, according the website NFT Stats.https://ambcrypto.com/shiba-inu-having-run-its-course-are-shibs-days-numbered-going-forward/Shiba Inu: Having run its course, are SHIB's days numbered going forwardWith Ryoshi gone, the Shiba Inu army almost delved into a panic before Shytoshi put out a goodbye post.But amidst all these crazy names and fan clubs, SHIB as an asset is fluctuating in a tug of war between FUDers and the loyalists, all the while making no significant improvement.https://www.inputmag.com/tech/sexn-crypto-startup-sex-to-earn-web3-nftsThis crypto startup believes 'sex-to-earn' is the future of web3Have you ever been in the process of getting intimate with someone, only to think: I could be earning crypto and/or a variety of NFTs right now? That premise lies at the core of what SEXN, a new cryptocurrency startup, is banking on as the next frontier for web3. The name “SEXN” stems from an existing lifestyle app called STEPN that theoretically allows users to earn money by walking, jogging, and just generally being active.https://comicbook.com/tv-shows/news/warner-bros-to-sell-looney-tune-nfts/Warner Bros To Sell Looney Tune NFTsThis has been a big year for Warner Bros. who recently had a giant merger with Discovery. While the company is reportedly frustrated with some of their deals, they still own the rights to many major franchises like DC. One of the most classic titles associated with Warner Bros. is Looney Tunes, the animated animals that have been around since 1930. According to a new report from The Hollywood Reporter, the iconic franchise is getting an unexpected treatment by being turned into NFTs. 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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #130 - 6/2/2022 (Can El Salvador Save Its Risky Bitcoin Gamble?)

    Play Episode Listen Later Jun 2, 2022 23:07


    #Bitcoin #TerraUSD #NayibbukeleI'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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-mining-companies-and-their-profitability/Bear Market Outlook: Public Bitcoin Mining Companies And Their ProfitabilityAs the market inches towards what looks to be a bear market, bitcoin investors are looking towards other blockchain avenues to weather what is expected to be a long winter. Public bitcoin miners are one of the avenues that grew to prominence through the bull rallies of 2021. The growth of the value of their stocks during this time had drawn investors to them, and as the market slows down, we take a look at which of these public miners are best positioned to weather a crypto winter.https://www.euronews.com/next/2022/06/01/terra-collapse-regulators-eye-stablecoin-safeguards-and-capital-rules-for-banks-crypto-hol?utm_source=flipboard.com&utm_campaign=feeds_money&utm_medium=referralTerra collapse: Regulators eye stablecoin safeguards and capital rules for banks' crypto holdingsGlobal regulators plan to complete work by the end of the year on how much capital banks should hold to cover crypto assets on their books.Financial watchdogs are trying to catch up with fast-moving developments in crypto markets, whose extreme volatility in recent weeks has caused huge losses for some users.Last June, the Basel Committee on Banking Supervision proposed that banks set aside enough capital to cover losses on any Bitcoin holdings in full.https://bitcoinist.com/block-bitcoin-knowledge-perceptions-pt-1-inclusion/Analyzing Block's “Bitcoin: Knowledge and Perceptions” Pt 1.- Income & InclusionThe new Block report, “Bitcoin: Knowledge and Perceptions,” is a tour de force. A massive online survey turned into surprising data. The phenomenally-designed publication challenges several assumptions that the public has about bitcoin. Block's intention with it is to “provide a resource for decision makers to better understand people's knowledge and perceptions of bitcoin across different geographies, genders, and ages.”https://decrypt.co/101832/doj-sentences-father-son-team-for-laundering-weed-cash-with-btcFather-Son Duo Sentenced for Laundering Cash with Bitcoin in Weed SchemePair convicted of laundering over $100,000 from sales using Bitcoin and dark webUnlicensed company manufactured hash oil and other marijuana productshttps://slate.com/technology/2022/05/bitcoin-el-salvador-nayib-bukele.html?via=rss_flipboardCan El Salvador Save Its Risky Bitcoin Gamble?On June 7, 2021, El Salvador President Nayib Bukele announced an audacious plan: to make Bitcoin legal tender.Anna-Cat Brigida is a reporter who covers Latin America. She lives in Honduras now, but was based in El Salvador when Bukele made his announcement. From there, Brigida says, everything went at full speed. Within 90 days El Salvador had to build its own Bitcoin wallet, install Bitcoin ATMs, and sell the country's population on the idea of Bitcoin—an idea that had been brought there by expat crypto enthusiasts, and embraced by President Bukele. Despite the buildup, m many small businesses are still not able to accept Bitcoin payments. And now the price of Bitcoin has dropped by roughly 37 percent since September. That means El Salvador's holdings of the cryptocurrency have plummeted. 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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #129 - 5/27/2022 (Here's What Hackers Are Really Doing With Your Info)

    Play Episode Listen Later May 27, 2022 24:20


    #Bitcoin #Cryptocrash #ALLREDI'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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://edition.cnn.com/2022/05/26/investing/premarket-stocks-trading/Crypto is dead. Long live cryptoThe deepening chasm between the crypto evangelists and naysayers may never have been as stark.On Wednesday, Andreessen Horowitz, the most prominent Silicon Valley venture capital group, made a $4.5 billion bet on what it called a "golden era" for cryptocurrencies, citing "a massive wave of world-class talent" that's entered the industry in the past year."That's why we decided to go big," wrote Chris Dixon, a managing partner at the firm.https://www.cnbc.com/2022/05/26/jamie-dimons-jpmorgan-says-bitcoin-has-significant-upside-now.htmlJamie Dimon's JPMorgan says bitcoin's slide has created ‘significant upside' for crypto investorsBitcoin's recent slide has left the digital token well below its fair price, giving the cryptocurrency “significant upside” now, JPMorgan Chase said in a research note this week.The bank said bitcoin was undervalued by 28%, and put its price target for the coin, which was trading at just above $29,600 on Thursday afternoon, at $38,000 according to Markets Insider. Bitcoin fell below $26,000 earlier this month for the first time since December 2020, just as stock markets have been similarly pummeled — largely due to inflation fears.https://www.vox.com/recode/23142106/adam-neumann-crypto-carbon-credit-offset-flowcarbonWeWork co-founder Adam Neumann's new crypto project sounds like a scam within a scamAdam Neumann is back. The co-founder and former CEO of WeWork and subsequent subject of the podcast-turned-TV-series WeCrashed now says he wants to fix climate change — with crypto.Specifically, Neumann wants to put carbon credits on the blockchain. But making carbon credits easier to buy and sell does nothing to solve the real problem with carbon credits and offsets, which is that they're broken. More easily trading a broken product doesn't make it any less broken.https://restofworld.org/2022/argentina-nigeria-terra-crash/?utm_source=platform&utm_medium=flipboard&utm_campaign=feedsFrom Argentina to Nigeria, people saw Terra as more stable than local currency. They lost everythingValeria makes around $300 a month selling prepared food from her home in Buenos Aires. The 47-year-old was nervous about keeping the money saved in Argentine pesos because of the country's inflation rate, which passed an annualized 50% earlier this year. So she put more than $1,000 — all her savings, plus $500 her friend lent her to buy a new refrigerator — into TerraUSD (UST), a cryptocurrency stablecoin that was advertised as being pegged 1-to-1 with the U.S. dollar.Valeria, like others interviewed for this piece, is being identified by only her first name, to preserve her privacy.  https://www.slashgear.com/876587/heres-what-hackers-are-really-doing-with-your-info/Here's What Hackers Are Really Doing With Your Infohttps://www.slashgear.com/876587/heres-what-hackers-are-really-doing-with-your-info/?utm_campaign=clipConsumers often react to the risk of being hacked in two ways: by either being extra cautious or dismissing the risk outright by saying, "It won't happen to me." Malicious intruders and cybercriminals — sometimes referred to as black hat hackers — take advantage of this popular belief for their own benefit. ESET cybersecurity advisor and industry expert Jake Moore spoke with Digital Security about the issue of lax consumer security practices, noting that many people aren't even aware of basic tools for protecting themselves like two-factor authentication. This is a big problem because most people now rely on their personal gadgets and online accounts for accessing and storing sensitive information, including everything from health records to financial documents and work materials. Failing to update laptops and smartphones with the latest security fixes, using public Wi-Fi networks without a VPN, and using the same password for every online account are all habits that leave consumers vulnerable to hackers.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #128 - 5/12/2022 (‘It's a Bloodbath': The Crypto Crash Is Real)

    Play Episode Listen Later May 12, 2022 24:19


    #Bitcoin #Cryptocrash #bloodbathI'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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.protocol.com/bulletins/coinbase-bankruptcy-sec-accountingCoinbase's disturbing disclosure: 'If we go bankrupt …'https://boldtv.com/ashton-cohen/2022/05/11/is-bitcoin-crashing-heres-what-you-need-to-know/?utm_source=rss&utm_medium=rss&utm_campaign=is-bitcoin-crashing-heres-what-you-need-to-knowIs Bitcoin Crashing? Here's What You Need To Knowhttps://www.dailymail.co.uk/news/article-10807687/Whos-looking-Bit-gullible-writes-TOM-LEONARD.html?ito=rss-flipboardWho's looking a Bit gullible now? For years cryptocurrency fans have boasted of their digital fortunes. But now Bitcoin values have plummeted, writes TOM LEONARDhttps://www.forbes.com/sites/johnhyatt/2022/05/11/amid-crypto-plunge-longtime-bitcoin-bull-michael-saylor-falls-from-billionaire-ranks/?sh=5a5c89dd115cAmid Crypto Plunge, Longtime Bitcoin Bull Michael Saylor Falls From Billionaire Rankshttps://www.vice.com/en/article/88gyy4/its-a-bloodbath-the-crypto-crash-is-real‘It's a Bloodbath': The Crypto Crash Is Realhttps://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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #127 - 4/25/2022 (Bitcoin funding rates show demand to short BTC as $40K becomes resistance)

    Play Episode Listen Later Apr 25, 2022 15:45


    #Bitcoin #Ethereum #MichaelSaylorI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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-despite-breakdown-below-3k-why-eth-still-holds-upward-potential/Ethereum: Despite breakdown below $3k, why ETH still holds upward potentialEthereum price shattered in the previous days after crossing the holy $3500 barrier in early April. In the past 36 hours, the ETH prices have fallen below $3000 after anticipations of the FOMC got through.The crypto ecosystem had been worried about the Federal Chair meet on Thursday which did not end well. To arrest inflation, the Fed has been under pressure to raise interest rates after resisting it throughout 2021.https://www.theblockcrypto.com/linked/143228/twitter-could-ink-a-deal-to-sell-itself-to-elon-musk-this-week-wsj?utm_source=rss&utm_medium=rssTwitter could ink a deal to sell itself to Elon Musk this week: WSJThe Wall Street Journal reported late Sunday that Twitter could complete a deal to sell itself to billionaire entrepreneur Elon Musk as soon as this week.The Journal's report said that "the two sides met Sunday to discuss Mr. Musk's proposal and were making progress, though still had issues to hash out," citing sources with knowledge of the process.https://ambcrypto.com/factors-affecting-bitcoins-topsy-turvy-way-amid-market-capitulation/Factors affecting Bitcoin's topsy-turvy way amid market-capitulationThe last five days witnessed the rise of Bitcoin's price from $38,779 to $42,736, only to witness a drop, with the price of BTC standing at $39,584 at the time of writing. Post 6 April 2022, the king coin has been majorly resting below the neutral 50 mark on the RSI.https://finbold.com/microstrategy-ceo-dismisses-rumors-about-the-company-selling-its-bitcoin-holding/Microstrategy CEO dismisses rumors about the company selling its Bitcoin holdingMicrostrategy (NASDAQ: MSTR) chairman and CEO Michael Saylor has dismissed rumors that the company is secretly selling its Bitcoin holding.Through his Twitter account, Saylor stressed that as a publicly listed company, Microstrategy is obligated by the law to file any transactions with the Securities Exchange Commission.https://cointelegraph.com/news/bitcoin-funding-rates-show-demand-to-short-btc-as-40k-becomes-resistanceBitcoin funding rates show demand to short BTC as $40K becomes resistance“Extreme fear” accompanies Bitcoin's descent to $39,200Data from Cointelegraph Markets Pro and TradingView followed a bearish BTC/USD after the pair touched $39,200 on April 22's Wall Street open.Falling in line with stocks, Bitcoin now faced the prospect of resistance that cemented itself at the $40,000 mark, with traders showing their lack of confidence in a short-term rebound. 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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #126 - 4/15/2022 (Man who paid $2.9m for NFT of Jack Dorsey's first tweet set to lose almost $2.9m)

    Play Episode Listen Later Apr 17, 2022 17:19


    #Bitcoin #Ethereum #NFTI'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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/bitcoins-whales-are-buying-the-dip-and-this-is-what-it-means/Bitcoin's whales are buying the dip and this is what it meanshttps://bitcoinist.com/timing-a-dollar-dxy-trend-reversa-bitcoin/Timing A Dollar (DXY) Trend Reversal And Its Impact On Bitcoinhttps://ambcrypto.com/xrp-which-way-to-move-investors-may-consider-these-options/XRP: Which way to move? Investors may consider these optionshttps://finance.yahoo.com/video/bitcoin-price-heading-1-million-155028638.htmlBitcoin's price is heading to $1 million, Cathie Wood sayshttps://www.theguardian.com/technology/2022/apr/14/twitter-nft-jack-dorsey-sina-estaviMan who paid $2.9m for NFT of Jack Dorsey's first tweet set to lose almost $2.9mhttps://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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #125 - 3/11/2022 (Pantone is giving away free NFTs inspired by its color of the year, Very Peri)

    Play Episode Listen Later Mar 11, 2022 16:19


    #Bitcoin #Ethereum #PantoneI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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/wagmi-or-fud-deciphering-what-ethereum-investors-buying-200k-eth-hints-at/WAGMI or FUD – Deciphering what Ethereum investors buying 200K ETH hints atEthereum never seems to lose investors' interest. Even in a bearish market, the altcoin king has managed to make its presence felt. Here, it's worth noting that the positive sentiment of investors could play in favor of the altcoin moving higher.Ethereum buyers are backThe trend of “buying the dip” sometimes benefits the coin's holders to a huge extent. Well, in the case of Ethereum, people who bought about $54 million worth of ETH in the last 20 days can reap benefits in the days to come. However, it's worth pointing out that before 25 February, about 500k ETH worth $1.3 billion approximately was sold back into the market.https://bitcoinist.com/bitcoin-on-chain-11-year-old-coins-20m-behind-drop/Bitcoin On-chain Data Suggests 11-Year Old Coins Worth $20M Behind The DropOn-chain data suggests that dumping from 11-year old coins worth $20 million may be behind the recent Bitcoin price drop.11-Year Old Bitcoin Moved Shortly Before The Drop below $40kAs pointed out by an analyst in a CryptoQuant post, a large amount of dormant coins since eleven years ago seems to have moved a bit before today's drop below the $40k level.https://mashable.com/uk/deals/best-free-bitcoin-courseBetter understand Bitcoin with this free online course on UdemyThe world of cryptocurrencies is complex. There's definitely a fairly steep learning curve with the technology, but once you better understand how things work, you can build and grow your personal wealth. We're not making any promises here, but if you're looking to profit from crypto, you should check out the Bitcoin University: Build and Grow Your Wealth with Bitcoin course.https://ambcrypto.com/1-17m-stakers-for-cardano-but-what-else-should-ada-holders-know-about/>1.17M stakers for Cardano, but what else should ADA holders know aboutCardano is one of the fastest-growing projects in the cryptocurrency space. Its ecosystem underwent several upgrades in 2021, including the Alonzo hard fork.Interestingly, the demand for ADA for staking purposes has seen an uptick of late, especially in February 2022. Does that give us the full story though? Well, other indicators seemed to suggest otherwise.https://weandthecolor.com/free-nfts-pantone/153517Get Free NFTs by PantonePantone is giving away free NFTs inspired by its color of the year, Very Peri.Pantone has collaborated with eco-friendly blockchain, Tezos, and Paris-based multidisciplinary artist, Polygon1993, and will be giving away nine unique NFTs inspired by the 2022 Color of the Year, PANTONE® 17-3938 Very Peri. A limited number of each NFT will be available to the public; no purchase is necessary. The first five will be offered worldwide through a giveaway on Instagram, with the final four being available between March 11-14 exclusively at the “Pantone Very Peri” room inside the Tezos experience at SXSW 2022.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #124 - 3/10/2022 (Everything you need to know about Joe Biden's crypto and digital dollar executive order)

    Play Episode Listen Later Mar 10, 2022 22:06


    #Bitcoin #JoeBiden #russiaukraineI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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/shiba-inu-not-ftt-why-ethereum-whales-have-new-favorites/Shiba Inu, not FTT – Why Ethereum whales have new ‘favorites'Developers of the Shiba Inu protocol attempted to move away from the predominantly memecoin narrative in 2020. In an effort to do so, they even introduced new technical services in 2021. This helped fuel community adoption and prices over the years.In fact, the platform has also forayed into the Metaverse, the next iteration of social media that has seen a lot of hype of late.https://gizmodo.com/feds-charge-crypto-hawking-siblings-with-scamming-inves-1848624493Feds Charge Crypto-Hawking Siblings With Scamming Investors out of $124 MillionBehold, Ormeus Coin! A glittering digital asset, a massive investment opportunity, and yet another grand example of everything the cryptocurrency industry has to offer the world....Or, as federal officials see it, a massive scam that suckered tens of millions of dollars out of hapless investors via fraudulent marketing.https://ambcrypto.com/bitcoins-price-rally-watch-out-for-this-if-you-choose-to-jump-in/Bitcoin's price rally: Watch out for this if you choose to jump inBitcoin's price registered a palpable spike earlier today, contributing to altcoins registering a similar bullish outlook. While this impulsive move is impressive, it could be a short-term bull trap before BTC revisits its 24 February levels.Back to the pavilionYes, Bitcoin's price rallied by 9.6% today, but looks can be deceiving. Why? Well, because despite the allure of riding a bull wave, the daily volume seems to be down in the dumps. In fact, the volume did not cross the 50-day moving average. Although the daily candlestick has a few more hours before it closes, it has not even surpassed yesterday's value – A day during which Bitcoin's price returned only 1.95% gains at the close.https://www.vice.com/en/article/jgmk4g/introducing-cryptoland-motherboards-new-documentary-series-about-all-things-cryptoIntroducing CRYPTOLAND, Motherboard's New Documentary Series About All Things CryptoMotherboard has been trying to make a documentary about Bitcoin and cryptocurrency off and on for nearly a decade, almost as long as Bitcoin itself has been around. We filmed at Bitcoin 2013, back when one bitcoin was worth $118 and was primarily used for buying drugs on Silk Road. But we never really did anything with it. Other projects came up, staff who worked on it left the company (Alec Liu, the host of the documentary, was so excited by what he saw at the conference that he left journalism for the crypto industry), and the world of Bitcoin changed so often and so much that it soon felt like a documentary would have to encompass far more than a buzzy conference to meaningfully reckon with what cryptocurrency is doing to our culture, politics, economies, society, the planet, and the physical infrastructure of our world.https://www.euronews.com/next/2022/03/09/everything-you-need-to-know-about-joe-biden-s-crypto-and-digital-dollar-executive-orderEverything you need to know about Joe Biden's crypto and digital dollar executive orderUS president Joe Biden signed an executive order on Wednesday requiring the government to assess the risks and benefits of creating a central bank digital dollar, as well as other cryptocurrency issues, the White House said.Bitcoin surged on the news as the administration's holistic and deliberative approach calmed market fears about an immediate regulatory crackdown on cryptocurrencies.In midday trading, Bitcoin rose 9.1 per cent to $42,280 (€38,184), on track for its largest percentage gain since February 28.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #123 - 3/9/2022 (Joe Biden to sign an executive order on crypto to stop Russia evading Ukraine war sanctions)

    Play Episode Listen Later Mar 9, 2022 18:53


    #Bitcoin #JoeBiden #russiaukraineI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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/a-clue-suggests-sec-vs-ripple-might-end-this-year-heres-the-half-baked-truth/Can SEC vs. Ripple case end this year or instead ‘ANYTIME'? Here's the clueThe SEC vs Ripple lawsuit has consumed a full calendar year and naturally, many holding XRP – one of the biggest yet most controversial crypto assets on the market today – are worried that the court case might take up all of 2022 as well.However, some new evidence appears to suggest that it might just be possible to guess when SEC vs Ripple will wind to a close.https://www.msnbc.com/the-reidout/reidout-blog/biden-cryptocurrency-regulation-rcna19152Looming federal regulation will shatter dreams of crypto bros everywherePresident Joe Biden is expected to sign an executive order calling on multiple government agencies to begin developing policies and regulations on cryptocurrencies, multiple outlets reported this week.That faint shriek you hear in the distance is from crypto bros everywhere as they discover their financial facade may soon fade away.https://ambcrypto.com/btc-is-leaving-crypto-exchanges-decoding-what-that-means-for-turtles-pigs-and-wolves/Decoding what BTC leaving crypto-exchanges means for turtles, pigs, wolvesAfter leaping over $40,000 and just brushing $45,000 with its fingertips, Bitcoin fell back below $40,000. Adding to that, the king coin was revisiting the prices it passed in late February. Even at press time, Bitcoin was painting a red candle. Rather than giving up in frustration, however, it's time to see what the metrics have to say.Okay, I'll bite. Bitcoin, what's good?https://bitcoinist.com/binance-bitcoin-dominance-rises-22-exchange-supply/Binance's Bitcoin Dominance Sharply Rises, Now Holds 22.6% Of Total Exchange SupplyOn-chain data suggests Binance has seen some sharp growth in its Bitcoin dominance over the past couple of years, leading to the crypto exchange now holding more than 22% of the total reserve.Binance Observes Growth Of 120% In Bitcoin Balance In Just The Last 2 YearsAccording to the latest weekly report from Glassnode, the crypto exchange now holds 22% of the total exchange reserve, a pretty significant amount.https://www.euronews.com/next/2022/03/08/joe-biden-to-sign-an-executive-order-on-crypto-to-stop-russia-evading-ukraine-war-sanctionJoe Biden to sign an executive order on crypto to stop Russia evading Ukraine war sanctionsUS president Joe Biden is expected to sign an executive order on cryptocurrency this week that will mark the first step toward regulating how digital currency is traded.The move comes as administration officials have raised concerns in recent weeks about Russia's use of cryptocurrency to evade the impact of crushing sanctions in response to its invasion of Ukraine.The sanctions have sent the rouble to historic lows and have closed the country's stock market.Two people familiar with the process said the executive order on cryptocurrency was expected to be issued this week and it had been in the works long before the war.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #122 - 3/8/2022 (Some of Ukraine's weapons suppliers are accepting payments directly in crypto)

    Play Episode Listen Later Mar 8, 2022 25:08


    #Bitcoin #AAVE #russiaukraineI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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/axie-infinity-in-demand-yes-but-is-it-delivering-well-enough/Axie Infinity: In demand, yes, but is it delivering well enoughAxie Infinity brought GameFi and NFTs to prominence with its play-to-earn model. Ergo, it is not surprising that to date, it stands to be the most sought-after NFT.Alas, in a market where NFTs are becoming the next big thing, can Axie continue to keep its crown?Axie Infinity is still at #1According to a research report from Design Bundles, Axie Infinity was the most searched NFT on Google over a month.https://fortune.com/2022/03/07/steve-wozniak-calls-bitcoin-pure-gold-mathematics-crypto-nfts/Steve Wozniak calls Bitcoin ‘pure-gold mathematics' and the reason shows why crypto could be here to stayhttps://ambcrypto.com/expanding-on-aave-investors-return-to-this-particular-trend/Expanding on AAVE investors' return to this particular trendContinuing its streak of losses, AAVE fell by another 18% in the first week of March. It also lost the critical support of $122. Consequently, AAVE, at press time, was at a new 13-month low. At the time of writing, it was trading at $119.AAVE bamboozles investorshttps://www.businessinsider.com/personal-finance/tax-changes-for-20219 tax changes to know before filing your 2021 federal returnThere are several important tax deductions and credits you may be able to claim for 2021.Pandemic relief tax provisions for unemployment benefits were not continued for the 2021 tax year.The government is tightening down compliance on cryptocurrency reporting.https://www.coindesk.com/policy/2022/03/07/ukraine-is-buying-bulletproof-vests-and-night-vision-goggles-using-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlinesUkraine Is Buying Bulletproof Vests and Night-Vision Goggles Using CryptoSome of Ukraine's weapons suppliers are accepting payments directly in crypto, a senior official told CoinDesk Monday.Ukraine “weaponized” crypto after Russia invaded the European nation at the end of February, raising over $60 million in bitcoin (BTC), ether (ETH) and other cryptocurrencies and immediately spending some of these funds on fuel, food and other supplies – including bulletproof vests for soldiers.Ukraine's de facto crypto ministry, the Ministry of Digital Transformation, is facilitating the buying of military equipment based on the demands of the Ministry of Defense, said Alex Bornyakov, the deputy minister at the ministry. The operation involves Kuna, the Ukrainian exchange that set up the donation addresses; two ministries; five signatories and several other government officials as key players.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #121 - 3/7/2022 (Russia's central bank is scrambling to prop up the country's economy)

    Play Episode Listen Later Mar 7, 2022 23:39


    #Bitcoin #warrenbuffet #russiaukraineI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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://lynxotic.com/crypto-is-long-past-the-point-of-being-stopped/Elon Musk and Jack Dorsey vs. Warren Buffett and the Status QuoBitcoin and Crypto's reached a major turning point: why is cryptocurrency worth anything?In a recent interview clip Jack Dorsey quietly states his opinion on the difference between people who “get” blockchain and crypto, and those that will forever be married to the past:https://ambcrypto.com/xrp-lawsuit-heres-why-you-should-be-paying-attention-to-the-sec-vs-ripple-case-now/XRP lawsuit: Here's why you should be paying attention to the SEC v Ripple case nowWith Russia hit by sanctions and being cut from the SWIFT system, many crypto watchers in the past few days have been talking about XRP's place in the banking world, and the legal tangle of SEC vs Ripple.Verdict to come in a SECond?During an interview on Fox Business news, Ripple CEO Brad Garlinghouse shared his thoughts on the progress of the SEC vs Ripple Labs case. It has been a hectic few weeks of unsealed memos, and despite the ongoing war, the XRP community was eager to know whether things were looking up for the controversial crypto asset.https://www.coindesk.com/business/2022/03/06/dozens-of-tokens-tumble-as-prolific-developer-andre-cronje-calls-it-quits/?utm_medium=referral&utm_source=rss&utm_campaign=headlinesDozens of Tokens Tumble as Prolific Developer Andre Cronje Calls It QuitsPrices for dozens of tokens are plunging on the news that prolific developer Andre Cronje is calling it quits — including prices for many that only have tenuous links to the DeFi maven.On Sunday, frequent collaborator Anton Nell announced on Twitter that he and Cronje were “closing the chapter” on DeFi development.https://ambcrypto.com/bitcoin-to-separate-from-sp500-because-of-the-russia-ukraine-conflict/Bitcoin to separate from S&P500 because of the Russia-Ukraine conflict?If you're a crypto investor, you may have heard the whispers of how Bitcoin has shown signs of moving in tandem with the S&P500, Nasdaq, or even tech stocks. However, this is still a matter of debate in the industry.Conscious uncoupling?In a recap for the week ending 3 March, Messari Insights proposed that Bitcoin's green candle on 22 February was a sign that Bitcoin had broken its bonds with the S&P500 index. Messari Insights noted,https://markets.businessinsider.com/news/currencies/russia-ukraine-sanctions-ruble-oil-reserves-cryptocurrency-2022-3Russia's central bank has doubled interest rates, limited foreigners from moving money, and made other moves in response to Western sanctions.Russia's economy is in turmoil and the ruble is worth less than a penny.Two experts explained what Russia's central bank could do next. 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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #120 - 2/28/2022 (Anonymous: the hacker collective that has declared cyberwar on Russia)

    Play Episode Listen Later Feb 28, 2022 21:36


    #Bitcoin #Anonymous #hackerI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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://lynxotic.com/tesla-takes-dogecoin-at-new-la-supercharger/Tesla is Accepting Dogecoin at new LA SuperchargerA new Tesla Supercharger is now open in Santa Monica. Located at 1421-1425 Santa Monica Blvd., just blocks from the beach, it is the first location in Tesla's Supercharger network to accept payments in Dogecoin.The rumored plans for a Drive-in Theater and a 50's style diner are no longer slated for this location, but will be added to an upcoming location which is planned for Hollywood.https://bitcoinist.com/russia-said-swift-ban/Russia Said SWIFT Ban Could Be Tantamount To A Declaration Of WarA SWIFT ban could make Russia go nuts again.Russia's invasion of Ukraine triggered a cascade of consequences that were rapidly felt throughout the world.Apart from property and human life, global finance – and cryptocurrency in particular – took a significant hit.On Saturday, the US and its Western allies blocked certain Russian banks' access to the SWIFT international payment system, ratcheting up the pressure on Moscow as it continues its military attack on Ukraine.https://www.forbes.com/sites/billybambrough/2022/02/27/catastrophe-bitcoin-ethereum-and-crypto-prices-now-braced-for-russia-earthquake-after-swift-shock/?sh=4d447e4c46fa‘Catastrophe'—Bitcoin, Ethereum And Crypto Prices Now Braced For New Russia Earthquake After SWIFT ShockBitcoin, ethereum and cryptocurrency prices have swung wildly over the last week as Russia's invasion of Ukraine sends shockwaves through global markets—adding to fears of a "cataclysmic market shift."https://www.betechwise.com/how-to-make-money-in-the-metaverse/How to make money in the metaverseMaking money in the metaverse is possible . The virtual world has already become a source of income for many people, we just need a little creativity and talent for us to grow our crypto wallet in the metaverse. Currently, there are already different activities that can be carried out and that will allow you to have profits.Whether you are an artist, you know programming, or you just have good social skills, then you will be able to make the most of these types of activities and jobs within the metaverse. Although for now they are experimental activities, in the future it could be your full-time job.https://www.theguardian.com/world/2022/feb/27/anonymous-the-hacker-collective-that-has-declared-cyberwar-on-russiaAnonymous: the hacker collective that has declared cyberwar on RussiaCyber conflicts are fought in the shadows, but in the case of Russia's invasion of Ukraine, it is a group that calls itself Anonymous that has made the most public declaration of war. Late on Thursday the hacker collective tweeted from an account linked to Anonymous, @YourAnonOne, that it had Vladimir Putin's regime in its sights.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #119 - 2/25/2022 (‘Ethereum is neutral, but I am not' Russian-born Ethereum Vitalik Buterin )

    Play Episode Listen Later Feb 25, 2022 19:08


    #Bitcoin #VitalikButerin #RussiaUkraineI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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/2022/02/24/bitcoin-donations-to-ukrainian-military-soar-as-russia-declares-war.htmlBitcoin donations to the Ukrainian military are soaring as Russia invadesBitcoin donations to the Ukrainian army are soaring after Moscow launched a large-scale offensive against Ukraine early Thursday.New data from blockchain analytics firm Elliptic shows that over a 12-hour window, nearly $400,000 in bitcoin was donated to Come Back Alive, a Ukrainian NGO providing support to Ukraine's armed forces.https://www.coindesk.com/policy/2022/02/24/ukraine-central-bank-suspends-use-of-electronic-money-following-russian-invasion/Ukraine Central Bank Suspends Use of Electronic Money Following Russian InvasionThe National Bank of Ukraine announced a range of resolutions on Thursday in connection with martial law now throughout the country.Among them, the bank ordered "to suspend e-money issuers, replenish e-wallets with e-money, and distribute e-money to e-money issuing banks."In this context, e-money most likely refers to fiat currency in digital form, such as that held in a PayPal account or a cash app digital bank.It is unclear whether this extends to crypto or other digital currencies. Last year, the central bank was granted permission to issue a central bank digital currency (CBDC).The orders also suspend the foreign exchange market, limit withdrawals from consumers' bank accounts and forbid the withdrawal of foreign currency from customer accounts.https://www.reuters.com/technology/stablecoins-gain-bitcoin-ether-fall-after-russia-invades-ukraine-2022-02-24/Stablecoins gain as bitcoin, ether fall after Russia invades UkraineStablecoins, which are virtual tokens pegged to traditional currencies such as the U.S. dollar, held gains on Thursday in the midst of a sell-off in risk assets such as stocks and bitcoin after Russia launched a full-scale invasion of Ukraine.Most stablecoins were slightly higher on the day. Their market capitalization was up 0.3% at $182.5 billion, according to cryptocurrency data tracker coinmarketcap.com. Its daily trading volume, though, surged 75% to $108.1 billion.https://www.coindesk.com/markets/2022/02/24/crypto-sees-242m-in-liquidations-within-hours-amid-russia-ukraine-crisis/Crypto Sees $242M in Liquidations Within Hours Amid Russia-Ukraine CrisisCrypto markets saw over $242 million in liquidations in early Asian hours as markets reacted to Russian troops moving further into Ukraine in what Russian President Vladimir Putin called a "special military operation."Bitcoin-tracked futures saw $72 million in liquidations – the most among all cryptocurrencies – followed by ether futures at $70 million. Altcoin-tracked futures saw comparatively lesser liquidations than bitcoin and ether, with losses on Solana's SOL futures reaching $6.46 million, XRP futures reaching $5.18 million, and Dogecoin's DOGE futures reaching $6.81 million.https://fortune.com/2022/02/24/ethereum-vitalik-buterin-twitter-russia-ukraine-invasion-crypto-bitcoin-price/‘Ethereum is neutral, but I am not': Russian-born Ethereum cofounder Vitalik Buterin blasts Putin for Ukraine invasion as crypto nose-divesVitalik Buterin, the Russian-Canadian cofounder of the Ethereum blockchain, condemned Russian President Vladimir Putin on Twitter minutes after Russia announced a “special military operation” in Ukraine, effectively declaring war on the Eastern European country.On Wednesday evening, Buterin wrote that he was “very upset by Putin's decision” to abandon peaceful solutions in Russia's dispute with Ukraine and to “start a war instead.”“This is a crime against the Ukrainian and Russian people,” he wrote. “I want to wish everyone safety and security, even though I know there won't be.”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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #118 - 2/24/2022 (Kraken CEO Jesse Powell Advises to Withdraw Bitcoin from Exchange!)

    Play Episode Listen Later Feb 24, 2022 25:13


    #Bitcoin #Kraken #JessePowellI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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 MonthsData 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 2020As 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 NamesEarlier 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 isBitcoin 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/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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #117 - 2/22/2022 (Pro-Bitcoin president of El Salvador to offer citizenship for foreign investors)

    Play Episode Listen Later Feb 22, 2022 24:55


    #Bitcoin #ElSalvador #CardanoI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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/8-or-58-3rd-or-7th-what-the-experts-say-about-where-cardano-will-go/$8 or $58? 3rd or 7th? – What the ‘experts' say about where Cardano will goIn 2021, Cardano was the third-biggest crypto by market cap, breathing down Ethereum's neck. However, 2022 saw it in seventh place. To that end, Finder's panel of fintech experts came together to predict ADA's future price performance. The final estimate was well worth a read.A full deck of CardanoTo make a long story short, the target is for ADA to hit $2.79 by the end of 2022. It might not remind investors of Solana's dazzling rise to $100 and beyond, but is still a 168% rally.https://www.coindesk.com/learn/crypto-capital-gains-and-tax-rates-2022/Crypto Capital Gains and Tax Rates 2022According to an IRS notice published in 2014, cryptocurrencies including NFTs are classified as “property” meaning they are liable to a capital gains tax similar to stocks or “real” property.A capital gain occurs if you sell a crypto for more than your initial investment. For instance, if you buy one bitcoin for $20,000 and sell it for $50,000, you have made $30,000 of taxable gains. In other words, if you make profit from the sale of a crypto or a non-fungible token (NFT), you trigger a taxable event in the eyes of the IRS.https://ambcrypto.com/whales-are-counting-sheep-and-bitcoin-may-finally-be-ready-for/Whales are counting sheep and Bitcoin may finally be ready for…Will it or won't it? That is the question many crypto-investors have as they wait with bated breath for Bitcoin to either cross $40,000 again or drop back to its $35,000 lows. However, not all investors are equal and there are some factors to keep in mind.Whales are counting sheep?Bitcoin whales with a balance of between 100 and 100,000 BTCs have not significantly risen or fallen this month. Curiously, this was in spite of drastic price changes.In fact, one crypto-analyst suggested that the whales might be waiting for a sale so as to snap up the king coin at an even lower price. In light of Bitcoin falling below $34,000 in late January, this might not be a far-fetched idea.https://bitcoinist.com/biden-to-issue-crypto-executive-order/Biden To Issue Crypto Executive Order This Week – Bad News For The US Dollar?United States President Joe Biden is poised to release a crypto executive order this week, an administration official with knowledge of the matter disclosed.The EO will direct government agencies to conduct detailed examinations of various areas of the crypto asset landscape in order to develop an extensive regulatory framework.https://cointelegraph.com/news/pro-bitcoin-president-of-el-salvador-to-offer-citizenship-for-foreign-investorsPro-Bitcoin president of El Salvador to offer citizenship for foreign investorsSalvadoran President Nayib Bukele wants to offer citizenship to those who invest in the small Central American nation.President Bukele took to Twitter to inform the crypto community on Sunday that he was sending a list of 52 legal reforms to Congress. Among the most notable proposals, Bukele called for the removal of red tape, reducing bureaucracy, creating tax incentives and, most importantly, offering citizenships to foreigners looking to invest in the nation.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #116 - 2/18/2022 (Binance stopped 'all activities focused on Israel' following regulatory request: Report)

    Play Episode Listen Later Feb 18, 2022 19:30


    #Bitcoin #Binance #IsraelI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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/is-ethereum-still-in-a-good-phase-if-not-everything-goes-as-planned/Is Ethereum ‘still in a good phase' if not everything goes as plannedEver since the Ethereum network had launched its Beacon Chain for staking in December 2020, enthusiasts have waited for the day that the chain will finally be merged with Ethereum's mainnet, giving way for the Proof of Stake consensus to be the only mechanism through which new ETH is created. While unfortunately, a specific date for the Merge is yet to be disclosed, Ethereum co-founder Vitalik Buterin has now said that “hopefully we're gonna be merging pretty soon.”Speaking on a recent podcast, the engineer also lamented the constant delays that this transition has faced, adding,https://cointelegraph.com/news/bitcoin-bulls-scramble-to-defend-40-000-as-the-crypto-market-sell-off-intensifiesBitcoin bulls scramble to defend $40,000 as the crypto market sell-off intensifiesBitcoin (BTC) and altcoins dropped further on Feb. 17 after the situation in Ukraine worsened and Russia expelled Bart Gorman, the United States Deputy Chief of Diplomatic Mission, from the country after President Biden reiterated that the threat of a Ukraine invasion by Russia was “very high.”Data from Cointelegraph Markets Pro and TradingView shows that the afternoon resurgence in sell-side pressure dropped the price of Bitcoin to a daily low at $40,081 as bulls frantically regroup and attempt to prevent a slide below $40,000.https://www.forbes.com/sites/danrunkevicius/2022/02/17/buffetts-shocking-bitcoin-bet-supports-1m-bitcoin-price-prediction-meanwhile-bnb-solana-cardano-xrp-and-ethereum-prices-surge/?sh=33410fb97e6bBuffett's Shocking Bitcoin Bet Supports $1M Bitcoin Price Prediction—Meanwhile, BNB, Solana, Cardano, XRP, And Ethereum Prices SurgeMajor crypto prices blasted higher this week.The bitcoin price is up 20% from its February low. Ethereum's price has risen 14%, BNB 13%, cardano 5%, XRP 41%, and solana 8% over the month.Meanwhile, the “Sage of Omaha”, Warren Buffett, is quietly coming around to crypto. A recent Berkshire Hathaway filling reveals it dumped shares in legacy financials Visa and Mastercard and sank $1 billion into a crypto-friendly neobank.https://bitcoinist.com/twitter-adds-ethereum-option-to-tipping-feature/Ethereum Dominance Will Go Down As Competitors Emerge, Says Morgan StanleyGlobal investment bank Morgan Stanley has released thoughts around leading smart contract platform Ethereum. In a recently published note titled “Cryptocurrency 201: What Is Ethereum?” the bank revealed its outlook for the future of the blockchain. Ethereum which continues to maintain large dominance over the decentralized finance (DeFi) and NFTs space might find itself losing more market share to competitors, Morgan Stanley revealed.https://cointelegraph.com/news/binance-stopped-all-activities-focused-on-israel-following-regulatory-request-reportBinance stopped 'all activities focused on Israel' following regulatory request: ReportMajor crypto exchange Binance has reportedly halted activities and marketing to Israelis following a request from one of the country's financial regulators over licensing.According to a Thursday report from Israel-based news outlet Globes, the Capital Market, Insurance and Savings Authority requested that Binance provide information on the services it was providing to Israelis as well as any licenses under which it operates. The regulator, responsible for handling licenses for crypto firms, reportedly never received an application from Binance allowing the exchange to do business in Israel.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #115 - 2/17/2022 (You May Owe Crypto Taxes on These Surprising Things in 2022)

    Play Episode Listen Later Feb 17, 2022 26:02


    #Bitcoin #GaryGensler #cryptotaxesI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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/bitcoin-the-case-for-and-against-a-wild-bullish-impulse-anytime-soon/Bitcoin: The case for and against a ‘wild bullish impulse' anytime soonThere's a growing sense of uncertainty within crypto investors concerning the Federal Reserve interest rate hikes in March. The latest Glassnode's The Week On-Chain newsletter published on 14 February gave insights about this upcoming storm.Brace yourselfThe expected rate hikes flattened the futures term structure through March. This signals a clear investor uncertainty regarding the wider economic impact of a tighter U.S dollar, given the preceding decades of loose monetary policy.https://www.euronews.com/next/2022/02/16/jp-morgan-becomes-the-first-bank-to-open-in-the-metaverse-where-you-can-shop-with-crypto-a?utm_source=flipboard.com&utm_campaign=feeds_money&utm_medium=referralJP Morgan becomes the first bank to open in the metaverse where you can shop with crypto and NFTsYou can now do your banking in the metaverse after the US lender JP Morgan opened up a lounge in the blockchain-based virtual world of Decentraland on Tuesday, becoming the first major bank to do so.In the virtual lounge, you can buy virtual plots of land with non-fungible tokens, or NFTs, and make other purchases using cryptocurrency.https://ambcrypto.com/secs-gensler-doesnt-have-much-to-say-about-ripple-or-xrp-except-this/SEC's Gensler doesn't have much to say about Ripple or XRP… except thisThe Gary Gensler-led Securities and Exchange Commission (SEC) has repeatedly aired its concerns about spot Bitcoin Exchange Traded Funds (ETFs). In fact, the Chairman believes there is a lack of infrastructure designed to prevent fraudulent and manipulative acts and practices. According to the agency, this wouldn't serve the SEC's intent to protect investors and public interest.This is all I askIn a recent interview with Fox Business, Gensler again put forward his perspective given the growing uncertainty on the regulatory front. Especially since different applicants or funds including Grayscale, VanEck, etc. haven't satisfied the requirements of the regulatory watchdogs.https://finbold.com/canadian-police-block-over-30-crypto-wallets-associated-with-the-freedom-convoy-truckers/Canadian police block over 30 crypto wallets associated with the ‘Freedom Convoy' truckersA total of 34 cryptocurrency wallets allegedly associated with the Canadian truckers protesting COVID-19 restrictions, which had been raising money with Bitcoin for the Freedom Convoy 2022 campaign have reportedly been blocked.In particular, the Royal Canadian Mounted Police (RCMP) Canada's national police force has issued an order requiring all FINTRAC-regulated organizations in Canada to stop interacting with 34 crypto wallets, according to The Counter Signal.https://www.coindesk.com/learn/you-may-owe-crypto-taxes-on-these-surprising-things-in-2022/You May Owe Crypto Taxes on These Surprising Things in 2022Crypto may have started out as a discreet decentralized economy, but now that the nearly $2 trillion sector has gone mainstream enough to occupy coveted Super Bowl ad space, the Internal Revenue Service (IRS) is well clued in.The IRS classifies cryptocurrency as intangible property for tax purposes, which means the profits you make from selling virtual currency are subject to capital gains taxes. This holds true whether you bought bitcoin or altcoins on a crypto exchange like Coinbase, or simply used an app like Venmo or PayPal to buy and use cryptocurrency.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #114 - 2/16/2022 (Mastercard expands consulting with crypto-dedicated practices)

    Play Episode Listen Later Feb 16, 2022 24:34


    #Bitcoin #mastercard #EthereumI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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://thenextweb.com/news/how-many-cryptocurrencies-tokens-analysisSo… how many damn cryptocurrencies are there?My daily routine currently looks like this: wake up, brush my teeth, eat breakfast, read about a new metaverse or NFT project, get confused, question my life choices, sleep, repeat.With all the chatter around hyped web3 projects everywhere you look — from metaverses to NFT marketplaces — it got me thinking: how many cryptocurrencies exist right now?https://ambcrypto.com/a-different-kind-of-ath-for-bitcoin-and-why-it-might-matter/A different kind of ATH for Bitcoin and why it might matterThe Bitcoin network made headlines this week after its hash rate managed to reach a new all-time high of 248.11 million terahashes per second. However, a slight drop was noticed on 14 February. Even so, there was strong support for a continued trend towards accelerated security on the network.https://cointelegraph.com/news/traders-say-4-000-ethereum-back-on-the-cards-if-this-bullish-chart-pattern-plays-outTraders say $4,000 Ethereum back on the cards ‘if' this bullish chart pattern plays outGlobal and macroeconomic concerns ranging from rising inflation rates in the United States to the prospect of Russia invading Ukraine continue to spark volatility in financial markets.To the surprise of many analysts, the mood in the cryptocurrency market shifted in a positive direction on Feb. 15 after Bitcoin (BTC) climbed to $44,500 and Ether (ETH) regained support at $3,100.Data from Cointelegraph Markets Pro and TradingView shows that after bouncing off a low of $2,826 in the early trading hours on Feb. 15, the price of Ether rallied 11.4% to a daily high of $3,148.https://www.cnbc.com/2022/02/15/crypto-fraudsters-use-robocalls-to-drain-accounts.htmlFraudsters are using bots to drain cryptocurrency accountsFraudsters are selling bots on Telegram that are designed to trick investors into divulging their two-factor authentication, leading to accounts being wiped out.Crypto investors are being targeted around the country.Dr. Anders Apgar, a Coinbase customer, said his account had a balance of more than $100,000 in crypto when it was hacked during a robocall.https://cointelegraph.com/news/mastercard-expands-consulting-with-crypto-dedicated-practicesMastercard expands consulting with crypto-dedicated practicesContinuing its goal to pursue a spot within the crypto industry, Mastercard recently announced that the firm is expanding its consulting business with practices that are dedicated to crypto.In the announcement, Mastercard's data & services president Raj Seshadri says that the financial institution will continue to help clients navigate the ever-changing world of finance, and help them identify challenges and anticipate what is coming next.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #113 - 2/15/2022 (Super Bowl 2022: Here's the scoreboard of crypto ads)

    Play Episode Listen Later Feb 15, 2022 25:49


    #Bitcoin #superbowl #simswappingI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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/ethereum-38m-staking-from-ether-capital-bet-network/Ethereum Gets Extra $38M In Staking From Ether Capital, Why Are They Doubling Bet On This Network?Publicly traded company Ether Capital has added an additional $38 million or 10,240 to Ethereum 2.0 staking. Per a press release shared with Bitcoinist, the company has a total of $59 million staked into this network's Proof-of-Stake consensus layer.https://nypost.com/2022/02/14/self-taught-tech-mogul-who-made-his-first-million-at-17-is-living-in-luxury/?utm_source=flipboard&utm_medium=syndicated&utm_campaign=partnerfeedSelf-taught tech mogul who made his first million at 17 is living in luxuryEvan Luthra, 27, is now set to become a billionaire by the time he hits 30 and has built and invested in over 300 companies.Originally from New Delhi, India, the 27-year-old splashes his cash on yacht parties, luxury properties and even plans to buy his own helicopter just for the thrill of it.The influencer, who has 2.3 million Instagram followers (@evanluthra) also recently purchased £2.2 million worth of NFTs for the “flex” – calling the digital art the “new Rolex” for wealthy people.https://mashable.com/article/larry-david-ftx-super-bowl-adLarry David's Super Bowl ad is really dividing peopleAs well as the epic half time shows and the actual football itself, the other thing the Super Bowl is best known for is probably the ads.Every year, some of the biggest stars get paid presumably ridiculous amounts to pop up in exclusive commercials during the event, which regularly attracts over 100 million viewers.This year, we had Jamie-Lynn Sigler recreating the opening credits of The Sopranos, Paul Rudd and Seth Rogen in a Lay's commercial — and Larry David in an ad for cryptocurrency exchange FTX.https://www.lifewire.com/sim-swapping-attacks-are-soaring-and-you-need-to-be-on-guard-5219003SIM Swapping Attacks Are Soaring and You Need to Be on GuardThere's an upswing in SIM-swapping incidents that hackers can use to get access to credit cards and other information.SIM attacks are increasing because they are profitable, experts say.One way to defend yourself is to be wary of any phishing attacks that may come via text or email.https://cointelegraph.com/news/super-bowl-2022-here-s-the-scoreboard-of-crypto-adsSuper Bowl 2022: Here's the scoreboard of crypto adsSuper Bowl commercials have always been an intrinsic part of the annual National Football League (NFL) championship, and for businesses, it's a fair sign of making it in the real world. This year, however, marked a new milestone for the crypto community as FTX, eToro, Crypto.com and Coinbase debuted crypto ads during Super Bowl 2022.With rising demand in crypto — recently fueled by nonfungible tokens, meme tokens and the metaverse — Super Bowl crypto ads stole the limelight from traditional businesses on social media platforms such as Twitter. Let's gauge the advertisements and echo the feelings expressed by the community.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #112 - 2/14/2022 (White Hat Hacker Protects Coinbase From Danger By Spotting Threat)

    Play Episode Listen Later Feb 14, 2022 24:31


    #Bitcoin #whitehathacker #EthereumClassicI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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/how-far-might-the-ethereum-killer-tag-go-to-benefit-retail-sol-buyers-in-2022/How far might the ‘Ethereum-killer' tag go to benefit retail SOL buyers in 2022The Coronavirus pandemic and paying the gas fee on the Ethereum blockchain are two things that are poles apart. However, the struggle to overcome both problems has been the same. And, that's exactly where Solana enters the picture. In fact, crypto-billionaire Sam Bankman-Fried called Solana, the next big blockchain of 2022.Notably, Solana promises to deliver the best of Ethereum but faster and at a fraction of the cost. However, it is important to note that 2021 saw a significant uptick in meme coins like Dogecoin and Shiba Inu too. While these coins got a lot of attention and coverage, Solana was comparatively quite under the radar.https://news.yahoo.com/gary-vaynerchuk-said-98-nft-131500442.html?guccounter=1&guce_referrer=aHR0cHM6Ly9mbGlwYm9hcmQuY29tLw&guce_referrer_sig=AQAAAL5Q5wRfECQdhevF_0DOyFBCo4O1IgU-UimZFriVz-JLnHxhfxYguY5FDDfNEnOkeNcU1gXYYJuae3KdotVeCqoi2kYIYrlcy34HJN3_H-IN1iUvl_W91-gd2MBQiCeOAK7HeXJs35gFWHy2wV9QO6xGn_9Z0qrvsIJVB_LihVJXGary Vaynerchuk says 98% of NFT projects will fail after the gold rush fades. Here's why 2 experts think he might be right.In an interview with CNBC, Gary Vaynerchuk said 98% of NFT projects will fail.Vaynerchuk is the creator of the popular Vee Friends NFT series, the cheapest of which currently sell for about $41,000.Two experts weighed in on Vaynerchuk's take, and shared their predictions for the nascent Web3 space.https://ambcrypto.com/bitcoins-price-may-be-holding-up-well-but-the-big-picture-is-this/Bitcoin's price may be ‘holding up well,' but the big picture is thisIt's not been a good year for Bitcoin, the world's largest cryptocurrency. Less than three months ago, with BTC trading close to $69,000 on the charts, many expected the crypto to hit $100k soon. Alas, that didn't happen. In fact, Bitcoin dipped and depreciated. And, did so very significantly.While the last 10-14 days have seen BTC recover from its near-term lows close to $32,000, the cryptocurrency is still well away from touching its heights from a few months ago.https://www.tipranks.com/news/article/is-marathon-digital-worth-a-buy-right-now/Is Marathon Digital Worth a Buy Right Now?The crypto sector has been highly volatile as of late. This sector has gone from what many termed a “crypto winter” to somewhat of a spring of late. Crypto prices are rebounding, leading to bullish price appreciation for most crypto miners. Following a big dip earlier this year, Marathon Digital (MARA) now seems to be on the rise.As Bitcoin prices continue to fluctuate, crypto miners are likely to continue to see volatility. However, Marathon's unique business model has fans of crypto-mining acting bullishly.https://bitcoinist.com/white-hat-hacker-saves-coinbase/White Hat Hacker Protects Coinbase From Danger By Spotting ThreatA White Hat hacker's prompt intervention saved Coinbase's sophisticated trading platform from disaster.“Tree of Alpha,” a White Hat Hacker, contacted Coinbase Chief Executive Officer Brian Armstrong to warn him that third-parties could theoretically transfer Coinbase order books at arbitrary rates, which might result in a big payout for criminals.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #111 - 2/9/2022 (10 Best Metaverse Cryptocurrency to Buy in 2022)

    Play Episode Listen Later Feb 9, 2022 29:31


    #Bitcoin #metaverse #KPMGI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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/marketing-or-belief-opinions-divided-as-kpmg-canadas-treasury-adds-btc-eth/Marketing or belief? Opinions divided as KPMG Canada's treasury adds BTC & ETHThe race to integrate cryptocurrencies into the global banking network is real. The digital asset marketplace recently reclaimed or rather surpassed the $2 trillion mark. The sheer valuation was one of the reasons for the unprecedented traction. A report published by KPMG, one of the ‘Big Four' accounting organizations had published a report to highlight the same.According to the company's biannual Pulse of Fintech report, investment in crypto and blockchain surged to $30 billion in 2021. In 2018 the figure stood at $8.2 billion, with 2019 recording a figure of $5.6 billion and $5.5 billion in 2020.https://www.vice.com/en/article/qjbwj5/what-are-nft-explainer-meaning-cryptoNFTs, Explained for People Who Still Don't Get ItEven if you've been living under a rock since the pandemic started, you've probably still heard some chatter about non-fungible tokens (NFTs). It's hard to ignore the hype, when someone can make a million bucks taking unassuming selfies.It's also nearly impossible to ignore the skepticism and heated criticisms surrounding the budding product, such as NFT plagiarism (also known as copyminting), NFT scams, and the environmental cost of blockchain operation.https://www.pcmag.com/news/feds-seize-36-billion-in-bitcoin-tied-to-bitfinex-hack-from-2016?taid=6202b6a4ac837c00013657c2&utm_campaign=trueAnthem:+Manual&utm_medium=trueAnthem&utm_source=facebookFeds Seize $3.6 Billion in Bitcoin Tied to 2016 Bitfinex HackUS federal investigators seized $3.6 billion in bitcoin originally stolen in the 2016 hack of Bitfinex, a major cryptocurrency exchange.The Justice Department arrested two New York-based suspects—34-year-old Russian-US national Ilya Lichtenstein and his 31-year-old wife Heather Morgan—for allegedly trying to launder the stolen funds, which totaled 119,754 bitcoins. According to federal agents, the stolen Bitcoin from Bitfinex was moved to several digital wallets under Lichtenstein's control.https://www.forbes.com/sites/billybambrough/2022/02/08/its-still-early-wells-fargo-issues-huge-bitcoin-and-ethereum-price-prediction-as-extreme-volatility-hits-bnb-solana-cardano-and-xrp/?sh=46851a92c8afIt's ‘Still Early'—Wells Fargo Issues Huge Bitcoin And Ethereum Price Prediction As Extreme Volatility Hits BNB, Solana, Cardano And XRPThe bitcoin price soared to almost $70,000 per bitcoin late last year before crashing back to just over $30,000. Ethereum and other major cryptocurrencies, including Binance's BNB, solana, cardano and XRP, saw similar volatility. Crypto prices have rebounded over the last week but remain highly volatile.https://www.betechwise.com/best-metaverse-cryptocurrency-to-buy/10 Best Metaverse Cryptocurrency to Buy in 2022There has been a lot of hype surrounding Metaverse cryptocurrencies since 2021. This has a lot to do with the rebranding of Facebook to Meta. Being one of the largest technology organizations in the world, Facebook created instant appeal for a market that has seen many technical improvements since 2019.In fact, towards the end of 2021, the Metaverse cryptocurrencies were among the best performers. Some of them generated profits of over 10,000% for the year. With many positive projections surrounding the Metaverse, it appears that Metaverse cryptocurrencies could outperform the market this 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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #110 - 2/8/2022 (The ‘Bitcoin Family' immigrates to Portugal for its 0% tax on cryptocurrencies)

    Play Episode Listen Later Feb 8, 2022 31:45


    #Bitcoin #portugal #zerotaxI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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/this-is-where-these-factors-affecting-bitcoins-price-movements-will-take-it/This is where these factors affecting Bitcoin's price movements will take itBitcoin took quite a ride from its all-time high of over $69,000 to its recent low of $34,000. This has given way to the million-dollar question – What is affecting Bitcoin's price movements?Well, various interpretations are afloat. However, it's important to note that a wide range of factors from macro-economic conditions to on-chain metrics have been influencing the king coin.https://www.weforum.org/agenda/2022/02/non-fungible-tokens-nfts-and-copyrightWhat do you actually own when you buy an NFT?Since 2021, NFTs have become popular amongst the masses, bringing art and technology together.When purchasing NFTs, the work is not owned, rather the metadata is, an intellectual property law expert says.With the current novelty surrounding NFTs, the idea of copyright seems to create confusion and grey areas.https://ambcrypto.com/the-a-to-z-of-what-bitcoins-recovery-is-suggesting/The A to Z of what Bitcoin's ‘recovery' is suggestingAfter the market witnessed mayhem in early January, the crypto-verse is now on the path to recovery. The global cryptocurrency market cap recovered by 2.5% in the last 24 hours. This, while Bitcoin's dominance remains under 40% on CoinGecko.However, reversing its last week's slide, BTC managed to gain by 12% over the past week to trade near $42,500, at the time of writing.https://www.coindesk.com/markets/2022/02/07/bitcoin-will-reach-200k-in-second-half-of-2022-fsinsight-says/Bitcoin Will Reach $200K in Second Half of 2022, FSInsight SaysBitcoin became increasingly correlated with equities toward the end of the fourth quarter of last year and fell when faced with the prospect of central bank tightening, FSInsight said in a note entitled “Digital Assets in a Post-Cycle World.”The correlation has become more pronounced with bitcoin and the wider crypto market now being strongly correlated with technology stocks because of “legacy market capital entering the fold,” Sean Farrell, head of digital asset strategy, wrote in the note on Friday.https://www.cnbc.com/2022/02/06/bitcoin-family-moves-to-portugal-crypto-tax-haven.htmlThe ‘Bitcoin Family' immigrates to Portugal for its 0% tax on cryptocurrenciesDidi Taihuttu, patriarch of the so-called ‘Bitcoin Family,' is setting down roots in Portugal, Europe's ultimate crypto tax haven.The Dutch family of five that has spent the last five years traveling to 40 different countries.The Taihuttus chose Portugal for its advantageous crypto tax rules, which include a 0% tax on bitcoin.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #109 - 2/7/2022 (Crypto rug pulls: What is a rug pull in crypto and 6 ways to spot it)

    Play Episode Listen Later Feb 7, 2022 17:16


    #Bitcoin #rugpull #pumpanddumpI'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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://cointelegraph.com/explained/crypto-rug-pulls-what-is-a-rug-pull-in-crypto-and-6-ways-to-spot-itCrypto rug pulls: What is a rug pull in crypto and 6 ways to spot itWhat is a rug pull in cryptocurrency?A rug pull is a type of crypto scam that occurs when a team pumps their project's token before disappearing with the funds, leaving their investors with a valueless asset.Rug pulls happen when fraudulent developers create a new crypto token, pump up the price and then pull as much value out of them as possible before abandoning them as their price drops to zero. Rug pulls are a type of exit scam and a decentralized finance (DeFi) exploit.Before learning how to spot a rug pull in crypto and why crypto rug pulls happen, it helps to understand the three different types of rug pulls.https://www.bbc.com/news/world-asia-60281129North Korea: Missile programme funded through stolen crypto, UN report saysNorth Korean cyber-attacks have stolen millions of dollars worth of cryptocurrency to fund the country's missile programmes, a UN report briefed to media says.Between 2020 and mid-2021 cyber-attackers stole more than $50m (£37m) of digital assets, investigators found.Such attacks are an "important revenue source" for Pyongyang's nuclear and ballistic missile programme, they said.The findings were reportedly handed to the UN's sanctions committee on Friday.https://ambcrypto.com/cardano-assessing-the-odds-of-a-reversal-ahead/Cardano: Assessing the odds of a reversal aheadSince earning its lifetime milestone on 2 September, Cardano (ADA) has been on a steep descent that practically moved it below all its EMA ribbons. Over the last 19 days, ADA has formed a bearish flag on its daily chart while the 20 EMA stood sturdy.From here on, slightly weak readings on its technical indicators coupled with the bearish flag pattern have positioned ADA for a possible retest of the lower trendline of the flag in the days to come.https://ambcrypto.com/sec-v-ripple-lawyer-representing-64k-xrp-holders-tries-to-predict-secs-next-move/SEC v. Ripple: Lawyer representing 64K XRP holders tries to predict SEC's next moveThe court order to unseal three sets of documents in the SEC v. Ripple case was like opening a Pandora's box as the XRP community tried to catch up with what the evidence could mean. The three documents were Ripple CEO Brad Garlinghouse's deposition notice, Ripple Executive Chairman Chris Larsen's email string, and Garlinghouse's email string.Now, popular crypto-lawyer John Deaton, representing more than 64,000 XRP-holders in the case, has shared his take.https://www.cnbc.com/2022/02/06/bitcoin-family-moves-to-portugal-crypto-tax-haven.htmlThe ‘Bitcoin Family' immigrates to Portugal for its 0% tax on cryptocurrenciesDidi Taihuttu, patriarch of the so-called ‘Bitcoin Family,' is setting down roots in Portugal, Europe's ultimate crypto tax haven.The Dutch family of five that has spent the last five years traveling to 40 different countries.The Taihuttus chose Portugal for its advantageous crypto tax rules, which include a 0% tax on bitcoin.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #108 - 2/4/2022 (Who's Using the Metaverse? Poker Players in Decentraland)

    Play Episode Listen Later Feb 4, 2022 26:40


    #Bitcoin #Decentraland #WEB3I'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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/bitcoin-what-these-indicators-say-about-a-possible-bullish-scenario-in-the-near-term/Bitcoin: What these indicators say about a possible bullish scenario in the near termBitcoin, the world's largest cryptocurrency, continues to trade below $40k, with many suggesting that the crypto-winter is finally here. In fact, some analysts expect crypto-volatility to remain elevated this month. Especially as investors reduce their exposure to assets deemed to be risky.However, some indicators seem to be providing much needed bullish respite to offset the growing concerns.https://cryptonews.com/news/south-korean-crypto-exchanges-see-rise-complaints-more-people-turn-home-mining.htmSouth Korean Crypto Exchanges See Rise in Complaints, More People Turn to Home MiningThere was a x7.7 spike in the number of customer complaints lodged against South Korea's four biggest crypto exchanges last year as citizens in the nation are embracing crypto like never before. Meanwhile, crypto mining is also on the rise.Yonhap reported that the data on complaints was submitted by the Korea Consumer Agency to the offices of the MP Lee Joo-hwan of the opposition People's Strength Party.https://ambcrypto.com/microstrategy-and-why-holding-bitcoin-on-balance-sheets-might-go-both-ways/MicroStrategy and why holding Bitcoin on balance sheets might go both waysSeveral financial institutions have had a complicated relationship with the cryptocurrency since Bitcoin emerged to take centerstage in the global economy. Over the years, however, BTC has been fairly successful in fostering institutional adoption across the globe.Even so, one thing remains constant – The legal and regulatory framework around Bitcoin.Holding Bitcoin?The same was the topic of discussion during the latest edition of ‘Bitcoin for Corporations 2022.' During the same, a panel of experts from MicroStrategy and Deloitte discussed holding Bitcoin on balance sheets.https://www.vox.com/recode/22907072/web3-crypto-nft-bitcoin-metaverseWeb3 is the future, or a scam, or bothWeb3 is a scam.Web3 is a world-changing opportunity to make a better version of the internet and wrest it away from the behemoths who control it today.Web3 will make some people a lot of money. But many other people will lose their shirts on it.I know! I'm confused, too.https://www.coindesk.com/tech/2022/02/03/whos-using-the-metaverse-poker-players-in-decentraland/Who's Using the Metaverse? Poker Players in DecentralandIn a metaverse often criticized for being devoid of things to do, the poker tables in Decentraland's ICE Poker virtual casino have never been busier.The play-to-earn poker platform from Decentral Games is host to around 6,000 unique players each day, which makes up more than 30% of Decentraland's daily users. In the past three months, the game has generated more than $7.5 million in revenue through its various income streams, according to Decentral Games founder Miles Anthony. 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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #107 - 2/3/2022 (Death knell for Mark Zuckerberg's crypto dreams after regulators block Meta's Diem)

    Play Episode Listen Later Feb 3, 2022 16:37


    #Bitcoin #MarkZuckerberg #NayibBukeleI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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/el-salvadors-pro-bitcoin-fm-fires-back-at-imfs-insult/El Salvador's pro-Bitcoin FM fires back at IMF's ‘insult'The International Monetary Fund warned El Salvador to drop Bitcoin as legal tender. Not just once, or twice, but at least 4-5 times in the past. In fact, even the Executive directors urged El Salvador to detach Bitcoin's status as legal tender in the country. What's more, in a recent release, the IMF insisted that El Salvador dissolve its $150-million trust fund incorporated at the time of its policy decision.Agree to disagreeEl Salvador's Finance Minister Alejandro Zelaya responded to recent demands from the International Monetary Fund. And, as expected, he remains undeterred from his ‘pro-BTC' stance.https://decrypt.co/91899/hacker-steals-320-million-solana-ethereum-bridge-wormholeHacker Steals $320 Million From Solana, Ethereum Bridge WormholeWormhole, a protocol that allows users to move their tokens and NFTs between Solana and Ethereum, has confirmed that it suffered an exploit of 120,000 Wrapped Ethereum, worth over $320 million—higher than the $250 million originally suspected."ETH will be added over the next hours to ensure wETH is backed 1:1," it posted on Twitter, adding: "We are working to get the network back up quickly."https://bitcoinist.com/bitcoin-mining-revenue-6-month-low-downtrend/Bitcoin Mining Revenue Plummets To 6-month Low Amid DowntrendOn-chain data shows Bitcoin miner revenues have now declined to six-month lows as the price of the crypto has continued to struggle recently.Bitcoin Miner Revenues Fall To 6-Month LowsAs per the latest weekly report from Arcane Research, the BTC miner revenues have now dropped to lows not seen since six months ago.https://www.vulture.com/2022/02/hitpiece-nft-musicians-criticize.htmlMusicians Rage at NFT Site Auctioning Songs Without PermissionDon't worry, your favorite indie band didn't get into selling NFTs overnight. A new NFT platform called HitPiece has caught heat from a number of musicians — largely indie bands — for selling NFTs of their music without permission. Per a description on its website that has since been taken down, “HitPiece lets fans collect NFTs of your favorite songs.” What that seemed to mean in practice was music was available on HitPiece, like a streaming service, to be turned into NFTs without consent from musicians. (To backtrack: An NFT, or nonfungible token, is a unique electronic thing that exists on the blockchain, which is what also powers cryptocurrency.) As NFTs have gained traction in the music and art communities over the past several months, many have criticized them for negatively impacting the environment via the blockchain and just not making sense.https://www.euronews.com/next/2022/02/02/death-knell-for-mark-zuckerberg-s-crypto-dreams-after-regulators-block-meta-s-diem?utm_source=flipboard.com&utm_campaign=feeds_money&utm_medium=referralDeath knell for Mark Zuckerberg's crypto dreams after regulators block Meta's DiemA once-ambitious but now faltering Facebook-backed digital currency project known as Diem is dead, its assets sold to bank holding company Silvergate Capital.Silvergate and the Diem Association announced the sale on Tuesday. Meta, which owns Facebook, did not have a comment.A Facebook spokesperson, however, pointed to tweets by Stephane Kasriel, head of Meta's cryptocurrency wallet Novi, that said the decision to sell was not made by Meta, but by the Diem Association."We hope that the Association's sale of their assets to @silvergatebank will allow the project's vision to live on. Because we still believe in the shared financial inclusion mission," Kasriel wrote.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #106 - 2/2/2022 (The NFT Ecosystem Is a Complete Disaster)

    Play Episode Listen Later Feb 2, 2022 27:15


    #Bitcoin #JackDorsey #NFTI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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.marketwatch.com/story/bitcoin-owners-expect-a-rebound-to-55-000-in-six-months-study-finds-11643709870?mod=flipboard_marketsBitcoin owners expect a rebound to $55,000 in six months, study findsBitcoin has lost about 45% of its value from its record high in November, but it didn't dampen some retail investors' interests, as they expect the price to bounce back and are “buying the dip,” a new study finds.Roughly 21% of U.S. adults surveyed by data intelligence provider Morning Consult were considering buying bitcoin BTCUSD, -0.78% as of Jan. 24, when the cryptocurrency traded at as low as $32,983, according to a Tuesday report. The rate is unchanged from that at the beginning of November, when bitcoin climbed to its all-time high of $68,991, the report shows.https://www.theverge.com/2021/12/21/22848162/jack-dorsey-web3-criticism-a16z-ownership-venture-capital-twitterJack Dorsey says VCs really own Web3 (and Web3 boosters are pretty mad about it)“Habanero” Jack Dorsey did some spicy tweets last night.The Twitter founder and Block CEO tweeted out some thoughts on crypto and “Web3” that managed to exasperate some of the idea's biggest boosters. This wasn't the kind of Web3 criticism we've seen time and again — Dorsey didn't come at them with a “right-clicker mentality” or anything so trivial. Instead, Dorsey went for the metaphorical jugular: he said users don't actually own Web3, which is a movement that prides itself on decentralization and community.In reality, Dorsey said, it's big venture capital firms like Andreessen Horowitz, which has dedicated more than $3 billion to investments in the space (and has made investments in several dozen crypto companies, including OpenSea and CryptoKitties / NBA Top Shot creator Dapper Labs), that will control these new web systems.https://bitcoinist.com/bitcoin-bullish-signal-number-wallets-exceeds-40m/Bitcoin Bullish Signal: Number Of Wallets With Non-Zero Balance Exceeds 40MOn-chain data shows the number of Bitcoin wallets with a non-zero balance has set a new all-time high above 40 million.Number Of Bitcoin Wallets With Non-Zero Balance Hits New ATHAs per the latest weekly report from Glassnode, the number of BTC wallets that hold a non-zero amount of coins has now reached a new ATH of around 40.16 million.https://www.coindesk.com/markets/2022/02/01/first-mover-asia-crypto-prices-rise-with-investors-appetite-for-risk/First Mover Asia: Crypto Prices Rise With Investors' Appetite for RiskMarket moves: Bitcoin opened February higher; China's crypto community remains active after all.Technician's take: Sideways trading between $35K-$40K BTC could persist this week as long-term momentum fades.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.https://www.vice.com/en/article/xgdvnd/the-nft-ecosystem-is-a-complete-disasterThe NFT Ecosystem Is a Complete DisasterFor the past year, as NFTs have breached spectacular and speculative heights, we've seen a growing amount of skepticism. The most recent wave was touched off by a 138-minute video essay by Canadian media critic Dan Olson that condemned NFTs and other blockchain-based technologies as fundamentally broken and unworkable. In just over a week, it's garnered more than three million views on YouTube. Regardless of your perspective on the video, it's hard to deny that there is a lot of bullshit percolating when it comes to NFTs. Even hardcore Bitcoiners agree. And despite what the loudest NFT boosters insist, the beatings have continued and morale has not improved.  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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #105 - 2/1/2022 (Allie Rae On Making Millions, Sex Stigma, And Her OnlyFans x Crypto Crossover: WetSpace)

    Play Episode Listen Later Feb 1, 2022 25:21


    #Bitcoin #AllieRae #TrezorI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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/trezor-responds-after-youtuber-hacks-its-hardware-wallet-recovering-2-million-in-crypto/Trezor responds after YouTuber hacks its hardware wallet recovering $2 million in cryptoHardware crypto wallet provider Trezor has responded after a hacker detailed how he managed to recover his digital assets after losing the PIN to the storage device.In a detailed YouTube video, Dan Reich, an electrical engineer, explained how he managed to crack a Trezor One hardware wallet containing more than $2 million worth of cryptocurrency.https://ambcrypto.com/bitcoin-ethereum-sentiments-are-in-the-fear-zone-but-heres-whats-really-going-on/Bitcoin, Ethereum sentiments are in the fear zone, but here's what's really going onIt wasn't a very happy start of the year for most bulls as the market resembled a slaughterhouse, and crash after crash affected investors' spirits. Feelings might not seem important in the crypto-sector, but they can often point at changing fortunes. So, it's time to take a look at the top two crypto-assets.Sigmund Freud, analyze thisThe crypto-analytics platform Santiment recently noted that despite mild rallies, traders have been opting for caution as fear still hangs heavy in the air. Looking at weighted sentiment for Bitcoin and Ethereum, both were in the “Fear Zone” below -0.5 at press time.https://www.coindesk.com/markets/2022/01/31/ethereum-suffers-worst-month-in-nearly-2-years-sol-falls-even-harder/Ethereum Suffers Worst Month in Nearly 2 Years, SOL Falls Even HarderEther (ETH), the native token of the Ethereum blockchain, has suffered its biggest monthly price decline since March 2020, tumbling alongside bitcoin in one of worst-ever starts to a year in cryptocurrency markets.Ether is down 31% in January, while bitcoin (BTC) has fallen 22%.The sell-off also claimed some of the hottest tokens from 2021, in several cases vaporizing half of their market value, or more. Terra's LUNA has declined 50% in January, while Solana's SOL has dropped 49% and Avalanche's AVAX has lost 42%.https://ambcrypto.com/unicef-warns-against-child-safety-risks-associated-with-crypto-transactions/UNICEF warns against child safety risks associated with crypto-transactionsThe increase in crypto-adoption across the globe has irked some organizations. The latest to express its reservations about the industry is the United Nations Children's Fund (UNICEF). The organization has called for greater regulation of crypto-markets that would also incorporate child safety and protection.In its “Prospects for children in 2022” report, UNICEF highlighted several financial and exploitative threats posed by cryptocurrencies. While examining the impact of global financial trends on the underage population, the organization noted that the heightened adoption of cryptocurrencies is “demonstrating both the promise of greater financial inclusion and the need for new child safeguards.”https://bitcoinist.com/allie-rae-onlyfans-x-crypto-crossover-wetspace/Allie Rae On Making Millions, Sex Stigma, And Her OnlyFans x Crypto Crossover: WetSpaceLast year, Allie Rae made national headlines after her OnlyFans was discovered by her peers in the neonatal intensive care nursing unit in a top Massachusetts hospital. Management demanded she take down the page, but she instead quit — taking a stand for herself and adult industry workers everywhere.It turned out to be a blessing in disguise, turning Allie Rae into a millionaire in a matter of months. Today, she is using her newfound financial success to continue to take a stand for adult industry workers and pave the way for a better financial future for others through crypto. 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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #104 - 1/31/2022 (JUSTIN BIEBER ENTERS THE BORED APE NFT CHAT WITH $1.3 MILLION PURCHASE)

    Play Episode Listen Later Jan 31, 2022 20:22


    #Bitcoin #JustinBieber #NFTI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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/bitcoin-ethereum-and-heres-what-else-are-the-top-picks-of-the-ultra-rich/Bitcoin, Ethereum and here's what else are the top picks of the ultra-richThe crypto-market has shed almost a trillion dollars in cumulative market cap amid its recent weakness. Meanwhile, Bitcoin remains down by almost 45% in value since its record high in November 2021.1 billion crypto-investorsAlas, despite the mayhem, trading-platform Crypto.com has estimated that 1 billion people will likely invest in the asset class by the end of 2022.With that being said, inflation could one of the biggest drivers that lead to crypto-adoption. Especially since ultra-high net worth individuals have been turning to crypto to beat the now permanent-looking inflation. In fact, a previous TIGER 21 report highlighted that the members have doubled on their crypto-investments.https://bitcoinist.com/what-is-aopp-bitcoin-community-up-in-arms/What Is AOPP? And, Why Is The Bitcoin Community Up In Arms About It?The Address Ownership Proof Protocol or AOPP might've been the most sophisticated attack on Bitcoin so far. With a fairly benign protocol that only affected people in Switzerland, the powers that be infected some of the most respected wallets in the space. Only people who bought Bitcoin at Swiss centralized exchanges and were already fully KYC'd had to prove ownership of their wallet's address, so it didn't seem that bad. But it was.https://www.benzinga.com/markets/cryptocurrency/22/01/25297857/celsius-ceo-says-bitcoin-may-crash-ahead-of-massive-rally-ethereum-heading-to-new-all-timeCelsius CEO Says Bitcoin May Crash Ahead Of Massive Rally, Ethereum Heading To New All-Time HighAlex Mashinsky, CEO of crypto lending platform Celsius (CRYPTO: CEL), says that BitcoinBTC could fall by up to 20% from the current price before surging higher.In a recent interview, Mashinsky said that Bitcoin could follow past precedents and surge by around four times over current levels, after testing the critical support level.“If Bitcoin does what it did last time, it should go at least 300% up from here. Three multiplied by $35,000 puts us just over $100,000. My projection for this year stays what I said late last year. And it's $140,000 to $160,000 before the end of this year,” he noted.https://ambcrypto.com/altcoins-such-as-ethereum-are-just-scams-max-keiser-rallies-support-for-bitcoin/‘Altcoins such as Ethereum are just scams': Max Keiser rallies support for BitcoinEthereum, the largest altcoin and Bitcoin had battled it out for the number one and two spots in the market cap rankings. The incredible rise of NFTs and DeFi spurred waves of investment into Ethereum. This lead some in the industry to believe that Ethereum could flip Bitcoin by the end of 2022. However, some still consider Ethereum and Altcoins under the “scam” category.Just outright scamsMax Keiser, host of the Keiser Report and co-host of The Orange Pill Podcast falls under this category. The said executive appeared at a Kitco News interview to portray his narrative.https://www.highsnobiety.com/p/justin-bieber-bored-ape-nft/JUSTIN BIEBER ENTERS THE BORED APE NFT CHAT WITH $1.3 MILLION PURCHASE Justin Bieber has entered the Bored Ape Yacht Club chat.Grammy award-winning artist Justin Bieber ventures further into the wonderful world of NFTs, becoming a member of the renowned Bored Ape Yacht Club and dropping some serious dough on one of their NFTs. How much, you ask? Nothing crazy, just $1.31 million.Justin Bieber is now the proud owner of Bored Ape #3001, which he purchased for 500 ETH ($1.3 million).Bieber joins a slew of other celebrity BAYC, or Bored Ape Yacht Club, members such as Serena Williams, Gunna, Travis Barker, and Stephen Curry to name a few.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #103 - 1/28/2022 (The IMF warns El Salvador to drop Bitcoin as a legal currency)

    Play Episode Listen Later Jan 28, 2022 22:53


    #Bitcoin #ElSalvador #NayibBukeleI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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/heres-how-much-bitcoin-may-be-worth-by-the-end-of-this-decade/Here's how much Bitcoin may be worth by the end of this decadeAll of the cryptocurrency industry appears to be in a panic after $100 million were liquidated in around 24 hours. This has caused Bitcoin‘s price to dip 3.6% during this time, adding on to the 28% it has lost in the entire past month.BTC to cross $1 million?While many are fearful of a bull cycle engulfing the market, researchers at Ark Invest have painted a rather bullish narrative for the king coin going forward. In a report published earlier this week, it was predicted that it could in fact exceed a price valuation of $1 million by the end of the decade, a long shot from its current price tag of around $36,000.https://bitcoinist.com/bitcoin-difficulty-reaches-new-peak-means-market/Bitcoin Difficulty Reaches New Peak: What This Means For The MarketData shows the Bitcoin mining difficulty has set a new all-time high recently, here's what it may mean for the market.Bitcoin Mining Difficulty Has Made A New All-Time HighAccording to the latest weekly report from Arcane Research, while BTC's price has continued to struggle, the mining difficulty has seen growth and hit a new ATH.https://ambcrypto.com/want-your-salary-in-bitcoins-heres-why-you-should-think-twice/Want your salary in Bitcoins? Here's why you should think twiceThe cryptocurrency boom reached new levels by touching on salaries in some countries. The millennial generation preferred to receive payments in cryptos. Fair to say, Cryptos are part of the new financial model, and crypto salaries are part of these advances.Among the politicians who seek to bridge the gap between crypto payments against fiat are Francis Suarez, the mayor of Miami, and Eric Adams, the mayor of New York City. On the other hand, athletes planned/executed to follow the same.https://ambcrypto.com/ethereum-likely-to-capture-a-portion-of-the-123-trillion-global-money-supply/Ethereum ‘likely to capture a portion of the $123 trillion global money supply'Despite the fact that a bear market might be taking over, fund managers remain hopeful about the crypto-space in the long-term. In fact, the most recent report by Cathie Woods' ARK Investments has claimed that both Bitcoin and Ethereum have trillion-dollar futures lying ahead, owing to their continued growth in utility.https://www.euronews.com/next/2022/01/26/the-imf-warns-el-salvador-to-drop-bitcoin-as-a-legal-currency?utm_source=flipboard.com&utm_campaign=feeds_money&utm_medium=referralThe IMF warns El Salvador to drop Bitcoin as a legal currencyThe International Monetary Fund (IMF) has urged El Salvador to drop Bitcoin as legal tender and better regulate the digital wallet the government created and promoted to its citizens.The South American country became the first in the world to adopt the cryptocurrency as legal tender in September last year.However, the IMF has urged “the authorities to narrow the scope of the Bitcoin law by removing Bitcoin's legal tender status," it said in a statement on Tuesday."The adoption of a cryptocurrency as legal tender, however, entails large risks for financial and market integrity, financial stability and consumer protection," It added.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #102 - 1/27/2022 (Johnny Depp selling NFTs of his intimate paintings of friends, heroes)

    Play Episode Listen Later Jan 27, 2022 21:45


    #Bitcoin #JohnnyDepp #NFTI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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/jackkelly/2022/01/26/everything-you-want-to-know-about-nfts-but-are-embarrassed-to-ask-from-the-king-of-nfts/?sh=487ad8c07315Everything You Want To Know About NFTs, But Are Embarrassed To Ask, From The ‘King Of NFTs'In 2017, when William Quigley started an NFT platform, he wasn't known as the “King of NFTs.” Instead, his Wall Street and tech friends wondered, with a little concern, what he was doing. In the early days, the Worldwide Asset eXchange (WAX) had around 400k members. It was decent, but not record setting.Fast forward to 2021 and everything has changed. A confluence of events, including the pandemic sending everyone home and having extra free time, advancements in technology, the rise of public interest in cryptocurrencies, trading meme stocks online and a more comfortable feeling for new technologies, led to the boom in the NFT market. WAX rapidly grew to over 10 million members who are buying, collecting, selling and trading NFTs.https://www.benzinga.com/markets/cryptocurrency/22/01/25236214/quantum-computers-will-crack-bitcoin-algorithm-researchers-say-changes-are-neededQuantum Computers Will Crack Bitcoin Algorithm; Researchers Say Changes Are NeededQuantum researchers at the University of Sussex have recently calculated the time needed for a quantum computer to crack Bitcoin'sBTC code.What happened: Mark Webber and his team of quantum scientists have been investigating Bitcoin's SHA-256 coding algorithm that was first used in the early 2000s by the U.S. National Security Agency (NSA).According to the scientists, the world's most powerful quantum computer, IBM's supercomputer with 127 qubits, is currently far from cracking the SHA-256 algorithm. Their calculations show that a 317 million qubit computer would need at least one hour to break Bitcoin's encryption, but to execute a 10-minute hack, a 1.9 billion qubit quantum computer would be required.https://finbold.com/almost-30000-bitcoin-millionaires-wiped-in-the-last-3-months/Almost 30,000 Bitcoin millionaires wiped in the last 3 monthsAs a result of the increasing volatility and subsequent decline in the value of the cryptocurrency market over the last three months, the number of Bitcoin (BTC) millionaires has been reduced by a significant margin.Data acquired by Finbold indicates that as of January 26, 2022, addresses with a Bitcoin balance of over $1 million stands at 87,953 addresses. Roughly 7,008 of the addresses each have a balance of about $10 million. The remaining 80,945 addresses have a balance amounting to $1 million each.https://ambcrypto.com/bukele-goes-all-simpsons-after-imfs-bitcoin-warning/Bukele goes all ‘Simpsons' after IMF's Bitcoin warningA growing number of Salvadorans had experimented with Bitcoin since the country adopted it as legal tender. But only a fraction of the Central American nation's businesses took Bitcoin payment. Well, technical problems had plagued the government's cryptocurrency app, frustrating even committed users of the technology. Needless to say, different experts raised red flags over the BTC incorporation within the country's premises.https://pagesix.com/2022/01/26/johnny-depp-selling-his-art-as-nfts/?utm_source=flipboard&utm_medium=syndicated&utm_campaign=partnerfeedJohnny Depp selling NFTs of his intimate paintings of friends, heroesJohnny Depp is selling over 10,000 unique NFTs drawn from his paintings of friends and personal heroes.The actor is releasing the non-fungible tokens — one-of-a-kind, verifiable digital assets traded using blockchain technology — under the collection name “Never Fear Truth.”The portraits, developed from original artwork by Depp and then embellished and animated, include Johnny himself, Marlon Brando, Elizabeth Taylor, Hunter S. Thompson, Heath Ledger, daughter Lily-Rose Depp, Tim Burton, Johnny's late dog Mooh and a fictional character created by his son called Bunnyman.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #101 - 1/26/2022 (In a mere 10 days, this young Singaporean influencer raked in a whopping $5.7 million by selling NFT's.)

    Play Episode Listen Later Jan 26, 2022 20:19


    #Bitcoin #Solana #NFTI'd like to welcome everyone to my new PODCASTDave's Daily Crypto TakeIn 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://thenextweb.com/news/what-is-metamask-create-account-web3-nft-cryptoHow to easily set up a wallet for cryptocurrency and NFTs with MetaMaskIf you want to experience a metaverse, buy NFTs, or trade in cryptocurrency, it's essential to have a wallet that's easy to create and use.MetaMask is a pretty popular choice these days. It's free to use, and is available as a desktop browser extension and a mobile app. You can sign up to create a wallet to store your digital assets in just a few seconds, and it will also let you connect like the OpenSea NFT marketplace in a blink. Think of it as a single sign-in function — just like sign-in with Google, Apple, or Facebook.https://ambcrypto.com/67-of-eth-holders-still-profitable-but-heres-whats-putting-pressure-on-the-price/67% of ETH holders still profitable but here's what's putting pressure on the priceEthereum, which has managed a return on investment (ROI) of 8700%, has cultivated a lot of dampened market sentiments lately. In fact, following the market's downfall, Ethereum has lost over 51% of its value since its ATH of $4,878.26 three months ago.A profitable majorityAnd yet, data by IntoTheBlock seems to suggest that 67% of Ethereum holders are In the Money. This essentially means that the token is profitable for these investors at recent levels.2% of all holders are At the Money level or breaking even without any profit or loss. On the contrary, the rest of the holders are suffering losses as the current price is less than the average purchase cost for these holders.https://www.pcgamer.com/uk/paris-hilton-and-jimmy-fallon-showing-off-their-nfts-is-the-longest-77-seconds-ever/Paris Hilton and Jimmy Fallon showing off their NFTs is the longest 77 seconds everIn what may be the most compelling evidence I've yet seen that NFTs are multi-dimensionally awful, here's a clip of Paris Hilton and Jimmy Fallon awkwardly showing off their low-quality drawings of apes in stupid hats to an audience that seems equal parts bemused and bored."This is your ape!" Fallon says, pulling the picture of Hilton's NFT from behind his desk to show the viewers, who take a long few seconds to react with tepid applause.https://ambcrypto.com/heres-what-led-to-a-week-of-turmoil-on-solanas-network/Here's what led to a week of turmoil on Solana's networkSolana, which was somewhat of a star performer in 2021, has suffered a week of turmoil.Solana had identified that its mainnet beta was experiencing high levels of network congestion. Interestingly, this is not the first time this has happened either. Earlier this month, users experienced delays and failure in transactions on Binance as well.https://luxurylaunches.com/other_stuff/in-a-mere-10-days-this-young-singaporean-influencer-raked-in-a-whopping-5-7-million-by-selling-nfts.phpIn a mere 10 days, this young Singaporean influencer raked in a whopping $5.7 million by selling NFT's.If NFTs interest you, here is yet another shining example of how an influencer used all her influence to rake in millions in a matter of 10 days! Meet 28-year-old Singapore-based influencer Irene Zhao who not only launched these non-fungible tokens, and she broke the crypto market with her collection. The NFTs consist of her images with meme slang texts over a mint green background. The NFTs have gained a lot of sales and are listed on OpenSea, thanks to her army of ardent fans (or, more accurately, simps), amounting to 1,107 items under the IreneDAO collection.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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

    DDCT #100 - 1/25/2022 (NFL's Odell Beckham Jr. took his $750,000 salary in bitcoin — how much did that end up costing him?)

    Play Episode Listen Later Jan 25, 2022 23:11


    #Bitcoin #OpenSea #OdellBeckhamJrI'd like to welcome everyone to my new YOUTUBE CHANNELDave's Daily Crypto TakeIn 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.vice.com/en/article/y3vnzw/scammers-exploit-opensea-flaw-to-buy-nfts-at-rock-bottom-pricesScammers Exploit OpenSea Flaw to Buy NFTs at Rock-Bottom PricesScammers appear to be leveraging an issue with NFT marketplace OpenSea to purchase valuable NFTs at a much lower price than their current listing.Multiple researchers and developers have laid out the ongoing issue, with some indicating that individual NFTs worth hundreds of thousands of dollars have been sourced using the design flaw.The issue came to light when NFT collector "TBALLER" tweeted that their valuable Bored Ape #9991 sold for the bargain-bin price of .77 ETH, or $1,775 early on Monday morning. "Yooo guys! Idk what just happened by why did my ape just sell for .77?????" they tweeted. Almost immediately, the buyer, who goes by "jpegdegenlove," resold the ape NFT for 84.2 ETH, or nearly $200,000.https://www.euronews.com/next/2022/01/23/crypto-crash-bitcoin-losses-half-its-value-and-extends-losses-as-market-fails-to-rally?utm_source=flipboard.com&utm_campaign=feeds_money&utm_medium=referralCrypto crash: Bitcoin losses nearly half its value and extends losses as market fails to rallyBitcoin continued to plunge on Saturday following Friday's cryptocurrency market crash, dropping 5.6 per cent to sit below the $35,000 (€30,851) threshold for the first time since August.The world's biggest and best-known cryptocurrency slipped to $34,448.94 (€30,365.53) at 7.10 PM CET on Saturday, losing $1,878.27 (€1,655.63) from its previous close.Cryptocurrencies across the board continued to slide in value, with indexes a sea of red still on Sunday.https://bitcoinist.com/2022-will-be-the-year-when-nfts-explode-into-hyperspace-here-are-some-projects-to-look-out-for/2022 Will Be the Year When NFTs Explode Into Hyperspace. Here Are Some Projects To Look Out ForBack in 2020 if somebody were to claim that the nonfungible token (NFT) market would scale up to the heights it currently sits atop today, it would not be an unreasonable reaction to completely brush aside the notion. However, fast forward to 2022, and over the course of the last 12 odd months, conservative estimates suggest that this burgeoning sector has been able to accrue more than $40 billion in value!From elite athletes to artists to page 3 celebrities — and pretty much everyone else in between — NFTs seems to have piqued the interest of everyone across the globe. What's even more interesting is that a number of studies clearly show that this rapidly evolving space is projected to grow at a compound annual growth rate (CAGR) value of 185.0% over the course of the next five years. What this suggests is that we may just be getting started in terms of how much financial potential this space actually possesses.https://ambcrypto.com/if-ethereum-foundation-is-accurately-timing-the-market-heres-what-it-means/If Ethereum Foundation is accurately timing the market, here's what it means‘Buy the dips and sell the rally,' would be any seasoned trader's piece of advice for timing the market. But, this timing can seldom be accurate in real-time.But, interestingly, a recent observation by trader Edward Morra seems to suggest that Ethereum's all-time highs are matching with the sell-offs by Ethereum Foundation.https://www.marketwatch.com/story/nfls-odell-beckham-jr-took-his-750-000-salary-in-bitcoin-how-much-did-it-end-up-costing-him-11643050374?mod=flipboard_industriesNFL's Odell Beckham Jr. took his $750,000 salary in bitcoin — how much did that end up costing him?Los Angeles Rams wide receiver Odell Beckham Jr. made headlines last November when he announced he would be converting his 2021 salary into bitcoin.The problem for Beckham: that bitcoin BTCUSD, -2.06% prices have been plummeting.Cryptocurrencies including bitcoin and ethereum ETHUSD, -2.22% extended their ongoing slide on Monday. Ether was down 8% over the past 24 hours, and bitcoin prices fell below $35,000, including a 4% drop in the past 24 hours. 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 DaveSupport this podcast at — https://redcircle.com/daves-daily-crypto-take/donations

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