🗞 Daily Crypto News, June, 22nd 💰

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  • Top 5 Signs Bitcoin Is Quietly Entering a New Bull Market Phase;
  • Nassim Taleb: Almost All Bitcoiners Are ‘Total Idiots’;
  • Hundreds of Sites Now Earn Crypto Trading Fees: Exchange Wordpress Plugin Sees 300 Active Installs;
  • Satoshi Nakamoto Kidnapped, Tortured by NSA to Destroy Crypto in New Movie 'Decrypted';
  • A Dozen+ Statistics Proving Millennials Are F%#$&D: The Breakdown Weekly Recap;
  • 🗞 Daily Crypto Calendar, June, 22nd 💰

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Top 5 Signs Bitcoin Is Quietly Entering a New Bull Market Phase

Bitcoin (BTC) price has been sideways for several weeks with now over a month since the halving. This is very much reminiscent of early 2017 when Bitcoin hit $1,180 for the second time, triggering a catastrophic sell-off causing the top-ranked cryptocurrency to fall by nearly 40% in a single day.

It was over, Bitcoin was declared dead, and what happened after is the first sign that we were in for a bull market.

First sign: the trap

BTC/USD 1-day Chart TradingView (2017)

Having studied the charts for repeating patterns, you can see that the pattern that played out after the 40% dump from $1,180 in January 2017 is almost identical to that of the 57% dump that occurred on March 12, otherwise known as Black Thursday.

Second sign: the range

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🗞 Nassim Taleb: Almost All Bitcoiners Are ‘Total Idiots’

Nassim Taleb, university professor and author of Black Swan, thinks Bitcoin is a good idea but most investors can’t understand its nuances.

Nassim Taleb, author of “Skin in the Game,” got into a small Twitter feud in which he explained that most investors can’t understand the nuances of a cryptocurrency like Bitcoin.

According to a tweet posted by Nassim Taleb on June 21, Bitcoin (BTC) is a good idea but “almost all bitcoiners are total idiots.”

Taleb was exchanging posts with self-described "Bitcoin maximalist" Giacomo Zucco. He challenged Taleb’s views on imposing central planning by bureaucrats and politicians with "no skin in the game" as the best risk management strategy.

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The former Wall Street trader turned risk engineering professor has labeled himself a localist, a “libertarian for higher levels of central government.”

🗞 Hundreds of Sites Now Earn Crypto Trading Fees: Exchange Wordpress Plugin Sees 300 Active Installs

A couple of months ago, a new WordPress (WP) plugin launched that allows anyone to host a digital currency trading platform. With the application, WP website owners can earn fees from various crypto asset trades. The developer of the plugin called “Wpcryptoexchange” tweeted on June 19, that there are now 300 active installs of his Crypto Exchange WordPress plugin.

On April 22, 2020, news.Bitcoin.com reported on a new platform called the “Wpcryptoexchange” or the Crypto Exchange WordPress plugin. For now, the application allows people to trade various cryptocurrencies including ETH, DAI, BAT, and WBTC using someone’s WordPress site that has the plugin installed. Other cryptocurrencies may be added to the roster of Wpcryptoexchange supported coins in the future.

The developer Alon Goren from the firm, Goren Holm, released the new WordPress (WP) so literally anyone can create a crypto exchange on any WP-based site. The platform leverages the Totle application programming interface (API) and the website wpcryptoexchange.com gives WP website owners simple to follow, step-by-step installation instructions.

🗞 Satoshi Nakamoto Kidnapped, Tortured by NSA to Destroy Crypto in New Movie 'Decrypted'

Decrypted, a new crypto movie about Satoshi Nakamoto, the mysterious creator of Bitcoin, is in production. In this “outrageous and provocative dark comedy,” Satoshi Nakamoto is kidnapped by the NSA and tortured for information that could help the government destroy cryptocurrency.

A new movie about cryptocurrency and Bitcoin’s creator, the mysterious Satoshi Nakamoto, is in production. Categorized as a comedy on IMDB, the movie “Decrypted” is written by Mick Sands and directed by Tom Sands. The movie’s description on IMDB reads:

An outrageous and provocative dark comedy about a mismatched NSA team who kidnap the creator of Bitcoin ⁠— Satoshi Nakamoto ⁠— and attempt to torture him for the information they need to destroy crypto-currencies.

🗞 A Dozen+ Statistics Proving Millennials Are F%#$&D: The Breakdown Weekly Recap

An economic comparison of where boomers were at the same age as millennials leads to only one conclusion: Millennials are screwed.

The big narrative in financial media for the last few weeks has been the insurgent Robinhood rally, led by the AC/DC-blaring Pied Piper Dave Portnoy, owner of Davey Day Trader Global Global (DDTG Global).

This week’s Breakdown Weekly Recap looks at this in the context of some surprising (and frankly depressing) stats about the millennial generation’s current wealth, as compared to where boomers were at the same time in their careers.

Link to Coindesk's Podcast [here

🗞 Daily Crypto News, June, 22nd💰

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  • Groestlcoin (GRS)

"• Groestlcoin Core 2.19.1 • Webwallet 1.5 • HODL GRS iOS • Unstoppable GRS • Unstoppable GRS Testnet..."

  • Chiliz (CHZ)

"22/06/2020 The official @FCBarcelona Fan Token is coming"

  • NavCoin (NAV)

"New consensus rules will be enforced at block height 4273920 around 22/Jun."

  • GHOST (GHOST)

Mainnet Launch

  • Enjin Coin (ENJ)

"Your weekend plans just got upgraded: a free @Alterverse Disruption demo is now available to play as part of Steam Summer Festival."

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6 comments
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It sure seems like you got things under control.

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Well not really, was expecting a Market's drop. It surely ain't happening...

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that dump was really a bear trap for many ppl

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(Edited)

It sure key looks like it... But I know I am right in the financial Market move probably too early yet.

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My take from this post is the movie, im going to look for it asap

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That is already a start ! I also have to take a look at it

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