BITCOIN AND US STOCKS WEIGHED DOWN BY US INFLATION - CAN RISKY ASSETS REBOUND?
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A hesitant market in the New Continent - While Bitcoin and the US market had reacted well to support, US inflation has come and shaken things up. US inflation (CPI) hit 8.3% in August year-over-year, and that surprised the crowd who were expecting 8.1%. Have risky assets marked a market low? Could the dollar finally have finished its rise?
Disclaimer: I do not in any way provide investment advice or trading advice. I will never do it and am in no way entitled to do so.
I will within this channel and vlog, only share with you my own ideas and actions that I PERSONALLY try to put in place.
People who watch the videos and invest, do so at their own risk.
Some of the links above include an affiliate commission or partnerships. I am part of an affiliate network and receive compensation from partner sites. The video contains information that is accurate as of the date of publication, but may not be accurate in the future. When it comes to investing, be careful and educate yourself. Invest only a small amount of your investment and an amount you can afford to lose.
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Reality TV and Crypto: a Dangerous Relationship
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The regulator reframes two stars of a British reality show, who had promoted crypto investments to their million followers on Instagram.
WHEN REALITY TV UK AND CRYPTOS DON'T MIX
It's not love at first sight between the British advertising regulator and the twins Eve and Jessica Gale, the stars of the reality show "Love Island". The Advertising Standards Authority (ASA) did not like some stories on Instagram that the two sisters have published. In them, the twins were promoting a cryptocurrency investment scheme, according to the regulator.
The story, which Jessica Gale shared to her followers last June, touted cryptocurrencies as "a super fast and easy way to make extra money from your phone."
This pitch has all the ingredients to warrant a red card from the UK agency. On September 7, the ASA warned the two reality TV stars, against these "irresponsible" ads, which were distributed to their 1.7 million followers on Instagram.
COPY TO REVIEW ON CRYPTOS FOR THE TWO BRITISH REALITY STARS
Eve and Jessica Gale are therefore warned. In case of recurrence, the ASA could bring the case to the Trading Standards. This British government department has the power to take legal sanctions, such as fines, when the situation requires it.
The UK's advertising regulator has asked the twin sisters to avoid "trivializing investment in cryptocurrencies." Future ads should explicitly and clearly warn their followers, of their volatility, and that these investments were not regulated.
CRYPTOCURRENCY MARKETING: NEW, STRICTER MEASURES COMING SOON
The ASA issues this warning against the two reality TV stars, a little over a month after the UK's Financial Conduct Authority (FCA) introduced new, stricter provisions for the advertising of high-risk financial products.
Nevertheless, these measures do not affect cryptocurrencies. The FCA plans to develop separate guidelines for the sector. It is waiting for the government and parliament to give their opinion on including cryptocurrency marketing in its remit.
However, these upcoming rules could "follow the same approach" as those for "other high risk investments."
Cryptocurrency advertising is and will likely remain a sensitive practice. Regulators in various countries will continue to keep a close eye on them. The two reality TV stars aren't the only ones who have made a misstep in this area. Even crypto giants can also be clumsy in their communications.
Disclaimer: I do not in any way provide investment advice or trading advice. I will never do it and am in no way entitled to do so.
I will within this channel and vlog, only share with you my own ideas and actions that I PERSONALLY try to put in place.
People who watch the videos and invest, do so at their own risk.
Some of the links above include an affiliate commission or partnerships. I am part of an affiliate network and receive compensation from partner sites. The video contains information that is accurate as of the date of publication, but may not be accurate in the future. When it comes to investing, be careful and educate yourself. Invest only a small amount of your investment and an amount you can afford to lose.
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Crypto and Web3: Brands Are More And More Involved!
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While the adoption of digital assets is crescendoing, some consider that we are already in the era of widespread adoption of these assets. Today, more than 300 million people around the world own digital assets. Tomorrow, there will be even more. And brands understand this. If the bet to invest in the field of metavers, NFTs or even crypto-currencies was considered audacious, it seems necessary today to invest in these digital fields.
Disclaimer: I do not in any way provide investment advice or trading advice. I will never do it and am in no way entitled to do so.
I will within this channel and vlog, only share with you my own ideas and actions that I PERSONALLY try to put in place.
People who watch the videos and invest, do so at their own risk.
Some of the links above include an affiliate commission or partnerships. I am part of an affiliate network and receive compensation from partner sites. The video contains information that is accurate as of the date of publication, but may not be accurate in the future. When it comes to investing, be careful and educate yourself. Invest only a small amount of your investment and an amount you can afford to lose.
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BITCOIN AND CRYPTOCURRENCY NEWS OF THE WEEK
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The news about Bitcoin and crypto-currencies is in constant turmoil. Sometimes vital information gets lost in the daily news flow and you miss the important points.
▶ Poolin temporarily freezes withdrawals in the face of a liquidity crisis. Indeed, one of the world's leading mining pools is struggling to handle the recent increase in withdrawal requests.
▶ To combat censorship, Wasabi and Trezor are joining forces. The two entities have announced a partnership to offer Coinjoin transactions to Trezor wallet users.
▶ The Merge is on, Bellatrix is activated on the beacon chain. Bellatrix marks the first of two steps that enable the deployment of The Merge. The hard fork was successfully completed on September 6.
▶ Binance gets into zk-Rollups with zkBNB. The developers of the BNB Chain have announced the launch on the testnet of their own zk-Rollup solution.
▶ The turmoil surrounding Celsius is not letting up. Indeed, the company is suspected of having lied about its financial status since 2021. In addition, the latter would have engaged in price manipulation of the CEL token price.
▶ Although Vitalik Buterin theorized them, Binance is the first to launch Soulbound tokens. These will allow for the management of address-bound identities.
➤ 300,000, this is the number of Optimism (OP) tokens that will be airdropped to 1inch users. Thus, the 1inch protocol will distribute these tokens to the protocol users on Optimism layer 2.
➤ $265,000 is the amount scammed in an attack that targeted KyberSwap. In practice, this attack targeted a flaw in the frontend of the application. The flaw was introduced by using the Google Tag Manager service.
➤ $370,000, this is the amount stolen from the Nereus Finance protocol on Avalanche. In fact, an attacker performed a price manipulation attack through the use of flash loans.
370 000 dollars, this is the amount stolen from the Nereus Finance protocol on Avalanche
➤ 225 million TH/s, this is the value of the Bitcoin hashrate. This one is about to surpass its former ATH set at 230M TH/s.
Disclaimer: I do not in any way provide investment advice or trading advice. I will never do it and am in no way entitled to do so.
I will within this channel and vlog, only share with you my own ideas and actions that I PERSONALLY try to put in place.
People who watch the videos and invest, do so at their own risk.
Some of the links above include an affiliate commission or partnerships. I am part of an affiliate network and receive compensation from partner sites. The video contains information that is accurate as of the date of publication, but may not be accurate in the future. When it comes to investing, be careful and educate yourself. Invest only a small amount of your investment and an amount you can afford to lose.
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Where will ethereum go before the merge?
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A half-hearted celebration for Ethereum enthusiasts - With The Merge now just days away, Ethereum is still trading below $1,900. After rising more than 130%, the price has been rejected at weekly resistance. Despite Bitcoin's recent fall, Ether is showing strength and looks to be on its way back up. The party could quickly be spoiled if Ethereum's price falls again. Can the price still rise after The Merge?
ETHER STILL BEARISH ON A WEEKLY BASIS
Despite the recent rise experienced on Ethereum leading the asset to $2,000 (+130%), this asset remains bearish in weekly time unit. With The Merge just days away, the event could be sold by speculators, and that would not be illogical graphically.
Disclaimer: I do not in any way provide investment advice or trading advice. I will never do it and am in no way entitled to do so.
I will within this channel and vlog, only share with you my own ideas and actions that I PERSONALLY try to put in place.
People who watch the videos and invest, do so at their own risk.
Some of the links above include an affiliate commission or partnerships. I am part of an affiliate network and receive compensation from partner sites. The video contains information that is accurate as of the date of publication, but may not be accurate in the future. When it comes to investing, be careful and educate yourself. Invest only a small amount of your investment and an amount you can afford to lose.
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JOE BIDEN WANTS A GREENER BITCOIN
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JOE BIDEN WANTS A GREENER BITCOIN
Is cryptocurrency mining slowly killing our planet?
Mining cryptocurrency can be very profitable, but it also can be quite dangerous. The process of mining cryptocurrency requires computing power and electricity, which may take a toll on the environment and our planet as we know it.
One of the most important ways of validating cryptocurrencies, like Bitcoin, is through mining. Mining, as you probably know by now, refers to the use of powerful computers to solve complex math problems in order to verify transactions on the blockchain and earn rewards or cryptocurrency in return. You may have heard that Bitcoin uses energy-intensive computer technology to solve these equations, which sounds like it has some negative environmental impact, but does it really? How does cryptocurrency mining work? Can it really affect our planet?
Disclaimer: I do not in any way provide investment advice or trading advice. I will never do it and am in no way entitled to do so.
I will within this channel and vlog, only share with you my own ideas and actions that I PERSONALLY try to put in place.
People who watch the videos and invest, do so at their own risk.
Some of the links above include an affiliate commission or partnerships. I am part of an affiliate network and receive compensation from partner sites. The video contains information that is accurate as of the date of publication, but may not be accurate in the future. When it comes to investing, be careful and educate yourself. Invest only a small amount of your investment and an amount you can afford to lose.
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