Summary: Robert Kiyosaki has stated that he is waiting for Bitcoin to test $1,100 for him to buy some more. Mr. Kiyosaki also pointed out that if his target is not reached, he will wait for losers to capitulate so he can buy some more. In terms of selling, institutional investors have started doing so as Cypherpunk Holdings has sold all its Bitcoin and Ethereum. Rich Dad Poor Dad author Robert Kiyosaki has once again provided insights into Bitcoin’s ongoing price action during the crypto drawdown. Mr. Kiyosaki has forecasted through…
Day: June 28, 2022
Bitcoin “Reserve Risk” Metric Approaches All-Time Lows
Data shows the Bitcoin “reserve risk” indicator has recently plunged down and is now reaching all-time lows only seen back in 2015 bear and the March 2020 COVID crash. Bitcoin Reserve Risk Suggests HODLing Relative To Price Is Strong According to the latest weekly report from Glassnode, BTC investors have been holding strong onto their coins despite the large decline in the crypto’s price recently. Before looking at what the “reserve risk” indicator does, it’s best to get an understanding of a couple concepts first. A “coin day” is accumulated…
Coinbase fires 1100 staff to prepare for the impending recession
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #cryptocrash #coinbase #heisesays Coinbase fires 1100 staff to prepare for the coming recession. Twitch Check out HeiseSays International 📝 Become a HeiseSays Member 🎙My Kit Rodes Podcaster – Logitech C920 HD Webcam – Rode PSA1 Swivel Mount – Rode WS2 Microphone Windshield – Stream Deck – Drawing Screen XP-PEN Alternative Media Channels Lbry – Goldpass Email: (Donate Gold) florian.heise@heise.com.au Buy HeiseSays Merch 🟠 Referral Links 🟠 Amazon Australia Link – AussieBroadband Referral Code – 1826841 Independent Reserve Referral Link eBay Affiliate Link…
CoinFLEX Says Roger Ver Owes It $47M USDC as Spat Turns Public
Lamb claimed that Ver owes CoinFLEX $47 Million USDC, and that the company has a “written contract with him obligating him to personally guarantee any negative equity on his CoinFLEX account and top up margin regularly. He has been in default of this agreement and we have served a notice of default.” Source
Twitter User Accuses Nexo of Embezzlement Through Charity, Crypto Lender Denies Allegations – Bitcoin News
A Twitter account has accused the Bulgarian co-founders of the Swiss-based cryptocurrency lender Nexo of misappropriating funds from a charity platform. The company has rejected the allegations in the anonymous attack, which comes after Nexo offered a buyout deal to troubled rival Celsius. Anonymous Allegations Against Co-Founders Circulated on Social Media A Twitter user going by the handle @otteroooo has drawn attention to media reports about misuse of donations to a charity allegedly linked to the people behind Nexo, a major provider of crypto-backed loans. In a thread published on…
Aduana de Argentina incauta $21M en equipos de minería de criptomonedas
El caso está siendo investigado por el juez Pablo Yadarola, quien el lunes ordenó un relevamiento de los bienes incautados. “Hay que cuidar los dólares para la producción y generación de empleo, no para la especulación financiera”, dijo, por su parte, Guillermo Michel, director general de la Aduana. Source
Are custodied crypto funds at risk? Industry veterans explain
With rumors of insolvency flying high among crypto firms such as Celsius and Three Arrows Capital, investors couldn’t help but ask a simple question: What happened to all the funds that were supposedly under “safe custody?” As it turns out, a small fraction of crypto firms began leveraged trading with customers’ deposits to deliver promised high APY returns on supposedly fixed-income instruments. Things worked out well when the market was thought to have endless potential. However, as token prices plunged, such firms simultaneously suffered heavy losses on their positions and…
OKX to Increase Staff by 30% Despite Market Downturn
“We are mostly focused on increasing our headcount in product and tech,” Lennix Lai, director of financial markets at OKX, said on CoinDesk TV’s “First Mover” program. Source
‘Crypto Dad’ Chris Giancarlo Knighted by French Government
This knighthood was founded in the last century to honor people who distinguish themselves in the military or civilian world, and includes 182,000 members globally, according to the organization’s website. Giancarlo, who is a U.S. citizen descended from a French immigrant, was also recognized for his involvement in the French American Academy, a bilingual elementary school program. Source
From an Attention Economy to a Values-Driven Economy
Yes, the current version of the web has fostered digital communities and other forms of social organization unconstrained by geographical limitation. Social media platforms, especially, have extended our capacity to connect with others who share our views, interests and goals via attention markets and matchmaking algorithms. Source