Day: August 29, 2022

Bitcoin is ‘one of the worst cryptocurrencies’ claims Cyber Capital founder

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Founder and chief investment officer of crypto-focused fund Cyber Capital Justin Bons have called Bitcoin (BTC) “technically one of the worst cryptocurrencies,” and a “purely speculative asset without utility” in comparison with other cryptocurrencies due to its lack of technological progress. Bons added his two cents in an 11-part Twitter thread on Sunday, stating that Bitcoin and BTC’s value proposition has long deteriorated due to a broken long-term security model, comparatively weak economic qualities and lack of capacity, programmability and composability. 1/11) BTC is unique in that it is technically…

This Huge Bet on Blockchain Could Change A $50 Trillion Industry

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Blockchain may one day eliminate inefficiencies and lack of transparency in supply chains. While slow in coming, this revolution would benefit not only customers and brands, but the “invisible” workers who power global trade. #Blockchain #SystemShock #BloomberQuicktake ——– Like this video? Subscribe: Become a Quicktake Member for exclusive perks: Subscribe to Quicktake Explained: QuickTake Originals is Bloomberg’s official premium video channel. We bring you insights and analysis from business, science, and technology experts who are shaping our future. We’re home to Hello…

CoinEx Charity Delivers Warmth to Sick Children in Venezuela – Sponsored Bitcoin News

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sponsored On August 19, a group of loving volunteers visited Hospital Universitario Antonio Patricio de Alcalá (HUAPA) in Cumaná, Venezuela. Wearing costumes and acting as cartoon characters such as Spider-Man and Elsa popular with children, they shuttled between pediatric wards while carrying books and toys as gifts to sick children in the hospital. This is a charity event meticulously planned by CoinEx Charity, a global charity, for kids suffering from illness in Venezuela. During the event, the organization hired actors to play cartoon characters and provided sick kids with gifts,…

Dubai Regulator Announces Virtual Assets Marketing and Advertising Guidelines – Regulation Bitcoin News

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The Dubai virtual assets regulator, the Virtual Asset Regulatory Authority (VARA), has unveiled digital assets marketing and promotion guidelines that are applicable to any entity using Dubai-based media sites and publishing channels. The guidelines will “ensure factual accuracy, explicitly demonstrate any promotional intent, and in no way mislead on the guaranteed nature of their returns.” Guidelines Applicable to Dubai Licensed VASPs Dubai’s regulator of virtual assets, the Virtual Asset Regulatory Authority (VARA), recently announced the guidelines governing the marketing and promotions of digital assets. According to a Khaleej Times report,…

Ethereum Dives Below $1,500, Why Recovery Could Be Capped

Ethereum started a major decline below the $1,600 zone against the US Dollar. ETH even declined below $1,500 and now any recovery could face hurdles. Ethereum extended its drop below the $1,600 and $1,500 levels. The price is now trading below $1,500 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,480 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct higher, but upsides might be limited above $1,500. Ethereum Price Takes Hit Ethereum failed to…

18 ‘uncomfortable’ truths about nonfungible tokens

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Nonfungible token (NFT) analyst and blockchain detective “OKHotshot” has highlighted his picks for 18 of the most “uncomfortable truths” about the NFT industry. In a lengthy 20-part thread to his 45,000 followers on Twitter on Aug. 27, OKHotshot laid bare many of the issues currently plaguing the NFT industry, including irresponsible celebrity endorsements, hacking, and the kinds of projects that are almost always destined to fail. The analyst made his name in the industry as a full-time on-chain analyst specializing in NFT audits and Discord security operating under as @NFTheder on…

THE CRASH IS HERE (Price Target Revealed)!! Bitcoin News Today, Ethereum Price Prediction (BTC, ETH)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io THE CRASH IS HERE (Price Target Revealed)!! Bitcoin News Today, Ethereum Price Prediction (BTC, ETH) Welcome back to the Crypto World! In this video I reveal my next Ethereum Price Prediction and my next Bitcoin Price Prediction! Make sure to watch the WHOLE video so you don’t miss out on this valuable information & leave a LIKE and SUBSCRIBE for more videos like this! 💰 Learn Technical Analysis Here 👉 👈 🤑 FREE $1,000 USDT AIRDROP 👉 👈 ► I trade on…

Low cap crypto is like penny stocks, says Wolf of Wall Street

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Former stockbroker Jordan Belfort, known colloquially as the “Wolf of Wall Street” has likened low market cap crypto assets to penny stocks due to their extreme price volatility. Penny stocks refer to highly speculative shares priced under $1 from small and unknown companies. Generally they either fetch massive returns for investors or crash and burn dramatically. Belfort’s rise to prominence in the 90s and eventual run in with the Securities and Exchange Commision (SEC), was in part, due to brokering deals for these stocks. During an interview with Yahoo Finance…

Ava Labs CEO denies CryptoLeaks’ claims as ‘conspiracy theory nonsense’

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Ava Labs CEO Emin Gün Sirer has dismissed sensational allegations from CryptoLeaks that his company used litigation to “harm” competitors and fool regulators, labeling it as “conspiracy theory nonsense.” Sirer made the comments in an Aug. 28 Twitter post to his 280,500 followers, referring to an Aug. 26 article from CryptoLeaks alleging the company formed a “secret pact” with U.S. law firm Roche Freedman to use the American legal system “gangster style” to “attack and harm crypto organizations.” How could anyone believe something so ridiculous as the conspiracy theory nonsense…

Ne laissez pas votre argent sur Coinbase !

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Coinbase vient de faire quelques déclarations douteuses où ils annoncent pouvoir utiliser l’argent des dépositaires pour rembourser leur créancier en cas de faillite… ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version