Regulation Strikes Again | Bitcoin Set to Crash and Here's Why
Today we are going to talk about the whole Bitcoin ETF topic and how could this directly affect the whole crypto environment, here’s how the calendar for the next few months looks like, are you bullish or still waiting for actual news?
CoinBase is now able to offer futures in the US, how is this positive for the market? The US based giant is becoming stronger, but it is still a completely centralized entity Tom Lee who is usually not accurate on his predictions called 150k BTC and he dared to make this prediction on live TV.
pssst have you seen @leofinance's proposal to double the userbase of Hive? It's time to get ready for the Bitcoin floodgates to open up by positioning Hive to benefit massively from new users. It's officially live and waiting for you to vote and support it getting funded! The proposal outlines our strategy to grow the Hive blockchain by 9,615+ monthly active users using our LeoInfra Lite Account protocol and bring the masses to Hive. We need just 5.2M more HIVE POWER to vote it and reach our goal of 30M backing our proposal. Check it out here -> https://peakd.com/me/proposals/269
Since we are already talking about controversial yet popular figures in the US, we are also going to talk about the rumor of Donald Trump holding 2.8m ETH, is this a good scenario for Ethereum and how real could these rumors be?
There are four phases in a bull market, do you even know what they are? And if so, can you imagine where we are right now? Nobody can predict the market, but we can at least do our own research and stay as informed as possible and then, act accordingly
We’ll talk a little bit about some controversy and a Thorchain halt, and to finish things off, let’s get some HiveFest hype going! Only 35 days to go, you have to be there.
Mentioned in the show:
- https://twitter.com/WClementeIII/status/1692175236798844962
- https://www.coindesk.com/business/2023/08/16/coinbase-finally-wins-approval-to-list-crypto-futures-in-us/?term=organic&utm_campaign=CoinDesk&utm_content=headline%2CIG+XPost%2Ceditorial&utm_medium=social&utm_source=twitter
- https://twitter.com/BitcoinMagazine/status/1691826287717777427
- https://twitter.com/WatcherGuru/status/1691901312588230745
- https://twitter.com/thedefiedge/status/1692132282495357302
- https://twitter.com/Pluto9r/status/1691872084664651974
Thanks for tuning in! We'll see you guys tomorrow for the next episode of Crypto Daily!
pssst have you seen @leofinance's proposal to double the userbase of Hive? It's officially live and waiting for you to vote and support it getting funded! The proposal outlines our strategy to grow the Hive blockchain by 9,615+ monthly active users using our LeoInfra Lite Account protocol and bring the masses to Hive.
- Vote the Proposal on PeakD ▶️ https://peakd.com/me/proposals/269
- Vote the Proposal on Ecency ▶️ https://ecency.com/me/proposals/269
- Vote the Proposal on Hivesigner ▶️ https://hivesigner.com/sign/update-proposal-votes?proposal_ids=%5B269%5D&approve=true
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https://reddit.com/r/btc/comments/15un4o1/regulation_strikes_again_bitcoin_set_to_crash_and/
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Don't know that it's rumor or real but it's good to read that he is also in the crypto market with 2.8m Ethereum holding.
From all the sources I've seen, it seems to be real but you never know in crypto lol
Yea but 2.8 million for a guy worth a billion I just wouldn’t think much of it. I’d bet he’s not even aware of it. These guys have for people managing all there investments.
I think all this news is very bullish.
I think if you combine the news of PayPal's stable coin with their 450 milllion users, plus Coinbases new 2nd layer solution Base, which already is doing more transactions then OpenSea! And coinbases millions of users... now Coinbase gets permission for derivative markets, which were a huge source apparently of FTX nonretail business...it's all very bullish...
Why would Payapal news be bullish? It’s just a centralized trash token for there platform.
They have 450 million user accounts worldwide. They allow people to buy crypto and not only send it to external wallets, but to their friends. Their stablecoin allows people to send money across national borders without bank transfers. Finally they allow 450 million new people to use their fiat onramp to crypto, increasing mass adoption, buuy pressure on crypto and increase crypto prices.
#mini_kaboom
This is highly questionable. I doubt he’s even aware it so true. This is a fraction of 1% of his worth. I think people are overplaying this hardcore. Ether is centralized trash. Who cares anyway? Hive is one of only a small fraction that are really decentralized. Centralized trash isn’t gonna help us at all.
We are not in a Bull Market. We are down 90% plus from November 2021 high on Hive and many still down 95%. Bitcoin still down 60% pl S from highs in 2021. Guys we wre not close to a bull market at the moment.
I think this i a great idea - question - how do you intend to stop scammers spoofing your QR codes? QR codes are something I refuse to scan due to the prevalence of scams.