Bitcoin, Cryptocurrency, and the Future of Global Finance

Crypto con: Litecoin value skyrockets by more than 27% after Bogus Announcement Dupes Media into reporting partnership with Walmart

Several media organizations reported a false press release indicating that Walmart was partnering up with Bitcoin alternative Litecoin, briefly sending the value of the cryptocurrency skyrocketing by more than 27 percent.

A press release on Walmart's partnership with cryptocurrency Litecoin was not authentic, a company spokesperson confirmed on Monday. It was unclear who put out the press release or what the motive was.

Top financial news outlets including Reuters and CNBC reported the press release as fact. It was initially sent by GlobeNewswire, a web site that allows companies to distribute statements to the media for free.

Press release on Walmart's litecoin partnership is fake | Daily Mail Online
 
SEC vs. Ripple case could establish limit on agency's future involvement in crypto regulation: sources

The case could establish how much authority the SEC has over regulating the $2.2 trillion crypto market

A seemingly esoteric legal battle involving the Securities and Exchange Commission and fintech startup Ripple Labs could provide clarity on how much authority the SEC has over regulating the $2.2 trillion crypto market.

SEC vs. Ripple case could establish limit on agency's future involvement in crypto regulation: sources
 
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Daily chart is 🔥. Been buying on bottom support trendline and selling at top resistance trendline. It should break out of this symmetrical triangle close to next weekend or during the weekend.
View attachment 397575

That is a good looking trendline.

I did the same thing with HBAR, sold at the new all time high at $0.55 and bought the dip nearly doubling my bags.
 
Crypto-Trading Hamster Scampers Past Bitcoin, S&P 500, and Warren Buffett

German hamster Mr. Goxx is running circles around the competition in the cryptocurrency arena.

The rodent started out with the euro equivalent of $390 on June 12 in his exchange account, which was set up by his anonymous owner. Three months later, the hamster has managed to grow his overall asset portfolio to $498. The increase puts Mr. Goxx ahead by nearly 30%, outperforming Bitcoin , the S&P 500, and even Warren Buffett’s company Berkshire Hathaway, according to Protos .

Mr. Goxx conducts his crypto-trading sessions from a high-tech cage in Germany , where his owner livestreams the hamster on Twitch . The hamster runs on an "intention wheel" on which he selects one of about 30 cryptocurrencies and then travels through one of two decision tunnels. His buy tunnel purchases 20 euros ($23.60) of the selected crypto, while the sell tunnel liquidates the entire position, the outlet reported.

Crypto-trading hamster scampers past Bitcoin, S&P 500, and Warren Buffett
 
What line does Sinema cross for you?

I'm just opposed to voting mostly. If I feel like both candidates are likely to support a lot of government action beyond what I think is their role, I'll just abstain. 99% of politicians fall under this umbrella. Last election i voted for Jo Jorgensen, some local initiatives, and I left the rest blank.
 
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I'm just opposed to voting mostly. If I feel like both candidates are likely to support a lot of government action beyond what I think is their role, I'll just abstain. 99% of politicians fall under this umbrella. Last election i voted for Jo Jorgensen, some local initiatives, and I left the rest blank.
Yea I hear ya. I didn’t vote at all in ‘20. I last voted in ‘16 for Gary Johnson.
 
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Pay Day is right around the corner!!! Almost time to reap the rewards!!!!!
 
Jamie Dimon Bashes Bitcoin Again, Calling it 'worthless'

New York (CNN Business)Say what you want about JPMorgan Chase CEO Jamie Dimon, but he's consistent about his disdain for bitcoin.

Dimon once again attacked the top cryptocurrency, calling it "worthless" during a virtual summit Monday.


"I personally think bitcoin is worthless, but I don't want to be a spokesperson," he said during a virtual appearance at the Institute of International Finance Meeting before adding, "I don't care, it makes no difference to me. I don't think people should smoke cigarettes."

But Dimon added that his own take on bitcoin has not stopped the bank from allowing its customers to buy and sell the cryptocurrency...even though JPMorgan Chase (JPM) itself will not hold it.

Dimon also continues to support the idea that some digital currencies that run on a blockchain network do have value, especially if they are so-called stablecoins pegged to the dollar or other government-backed currencies. The bank has its own JPM Coin for payments.

Jamie Dimon bashes bitcoin again, calling it 'worthless' - CNN



https://www.cnn.com/profiles/paul-r-la-monica-profile
 

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