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Day: January 31, 2021
US Lawmaker Likes Bitcoin — Urges Policymakers to Embrace Innovation in Regulation – Regulation Bitcoin News
U.S. Representative Patrick McHenry is pro-bitcoin. He is now hosting the Bitcoin whitepaper on his official congressional website and has called on other lawmakers to embrace innovation like Bitcoin. He believes that the cryptocurrency is unstoppable and governments cannot kill it. Pro-Bitcoin US Lawmakers A growing number of U.S. lawmakers have recently spoken in support of Bitcoin. Among them is Congressman Patrick McHenry from the state of North Carolina. On Friday, he talked on CNBC’s Squawk Box about how to approach regulation after last week’s market swings. “You can’t put…
Bitcoin subreddit hits 2M subscribers following GameStop controversy
One of the most well-known online Bitcoin communities passed two million subscribers in a surge of activity on Friday, purportedly due to the media attention over the r/Wallstreetbets subreddit. According to the Metrics For Reddit analytics website, the subreddit r/Bitcoin has 2,184,941 subscribers at the time of publication, making it the 178th most popular subreddit among more than 100,000 active pages. The Bitcoin (BTC) subreddit hit the two million subscriber milestone on Friday, more than 18 months after reaching one million. Though much of the growth in the subreddit following…
GameStop, Dogecoin and a New Market Paradigm
It’s hard to do justice to the symbolism and significance of the Reddit-Robinhood-GameStop drama of this past week. That’s not to say it hasn’t been overblown in some quarters. I’ve heard it compared to the Capitol riots – no, that was sedition, this is rebellion, very different. I’ve seen calls for the regulators to step in and shut down retail trading platforms, even though it’s not clear a crime has been committed. And I’ve read takes painting the leaders of this charge as “misfits.” That condescension itself is part of…
Official BIG NAVI AMD RX 6800 XT Mining Hashrate Results
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io It’s the moment you’ve all been waiting for… finally the AMD RX 6800 XT GPU is here and we’ve managed to get our hands on one to bring you the official Crypto mining hashrate results + UNBOXING AND FULL REVIEW! www.easycryptohunter.co.uk Is the AMD RX 6000 series finally going to be the series where AMD equal the standings in the long fought Nvidia vs AMD battle for the GPU crown? We’re going to find out for you as we put a brand…
Hedge fund behind shorting GameStop reports 53% loss in January
Melvin Capital started 2021 with $12.5 billion in assets before retail investors from Reddit caused the firm to lose billions on its GameStop short positions. According to a Wall Street Journal report, the hedge fund has a little more than $8 billion in assets at the end of January, which includes a $2.75 billion investment from Citadel and Point72 Asset Management earlier this month. This represents a 53% loss, according to people familiar with the firm. In the report, a client claims that Melvin has “massively de-risked” its investment portfolio…
🔴ОБЗОР КРИПТОВАЛЮТНОГО ПРОЕКТА CRYPTOCURRENCY MARKET 🚩
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CCM – это децентрализованная платформа, зарегистрированная в США, которая нацелена на обеспечение полной прозрачности индустрии блокчейнов, платформу, которая также предоставляет пользователям, трейдерам, инвесторам и учреждениям адекватную информацию для принятия более обоснованного решения. Криптовалютный рынок нацелен на сокращение проблем с роумингом на нескольких платформах перед получением конкретной информации; платформа будет сосредоточена на централизации информации на децентрализованной платформе, что, в свою очередь, сэкономит время и деньги. 📝 Website – 📝 Whitepaper – 📝 Twitter – 📝 Facebook – 📝 LinkeDin – 📝 Medium –…
Bitcoin Bears Erase the “Elon Musk” Candle as Sellers Take Control
Bitcoin has witnessed some massive selling pressure throughout the past day that has erased all the gains that came about as a result of the “Elon Musk” pump a few days ago The selling pressure seen has come from a combination of spot and derivatives, with investors generally going risk-off It remains unclear what the cause of this could be, but it may be a combination of technical weakness as well as turbulence within the traditional market One analyst is now noting that there’s a strong possibility further downside is…
STAY AWAKE 1000X WHICH YOU FORGOT; TOOK HIT WITH XRP? HOW TO RECOVER?: RIPPLE XRP NEWS ; XRP update
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io STAY AWAKE 1000X WHICH YOU FORGOT; TOOK HIT WITH XRP? HOW TO RECOVER?: RIPPLE XRP NEWS ; XRP update VDO 442 ✅ Subscribe: Open a Binance account – you will get 20% discount on trading You can support the channel Patreon – XRP donations – wallet address- rp8fRQLGwiBBMeFwLzoBnjkMntLTGLAU68 tag 399 PayPal – danielcheriyansk@gmail.com Flow of Info 00:00 Intro Further Reading Follow the contents regularly Via Twitter XRP_D@ni @XRPDni1 “““““““““““““““““““`☝️☝️☝️☝️☝️☝️☝️“““““““““““““☝️☝️☝️☝️☝️““““““““““““ I am a Doctoral Research scholar in Engineering Digital asset market and associated…
BTC, ETH, UNI, ATOM, COMP
Over the past seven days, the crypto market saw an uptick in volatility as Bitcoin (BTC) and Dogecoin (DOGE) price rallied higher simply because of social media activity. In situations like these, traders who make their investment decisions based on emotions tend to incur heavy losses and this is exactly what happened last week. Dogecoin’s (DOGE) recent pump and dump caused several new traders who bought due to FOMO to lose money within a short time and this scenario is likely to play out again as social media groups have…