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Thread: Crypto News

  1. #1

    Default Crypto News

    Crypto market tops $2 trillion for the first time in nearly 3 months as bitcoin rallies

    Bitcoin topped $48,000 over the weekend, its highest level since May, but pared some of those gains on Monday.

    Bitcoin’s rise helped push the value of the entire cryptocurrency market above $2 trillion on Saturday, the first time since mid-May.

    The bitcoin recovery comes after it sold off heavily in June and July, dropping below $30,000 after hitting a record high of more than $64,000 in April.
    https://www.cnbc.com/2021/08/16/bitc...-trillion.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.


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  3. #2

    Default Re: Crypto News

    Yes, Bitcoin strikes.
    But I was more surprised by the rise of Solana. Doubled in two weeks!

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  5. #3

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    Default Re: Crypto News

    Australia's Commonwealth Bank is partnering with Gemini to offer a platform for customers to trade cryptocurrencies. Depending on how easy they make it to get involved, this should result in some additional buying pressure from those who are curious.

    Australia's biggest lender said it will partner with New York-based exchange Gemini Trust Company LLC to offer a "crypto exchange and custody service" through a new feature in its mobile banking app that is used by about 6.4 million customers.
    https://www.reuters.com/business/cop...ng-2021-11-02/

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  7. #4

    Default Re: Crypto News

    Don’t think of it as leaving Twitter. Jack Dorsey’s going all in on crypto.

    Bitcoin unleashed a huge wave, and Dorsey — no longer doing double duty at Twitter and Square — wants to ride it.

    "If I were not at Square or Twitter I'd be working on bitcoin," Dorsey said at a cryptocurrency conference in Miami in June. At the time, he said “both companies have a role to play.”
    https://www.protocol.com/fintech/jac...crypto-twitter
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.

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  9. #5

    Default Re: Crypto News

    More than $320 million stolen in latest apparent crypto hack

    Wormhole, one of the most popular bridges linking the ethereum and solana blockchains, lost about $320 million in an apparent hack Wednesday afternoon.

    The two blockchains are popular in the world of DeFi, where programmable contracts can replace lawyers and bankers in some transactions, and NFTs.

    But few users stick with one blockchain exclusively, so bridges like Wormhole are a necessary go-between.
    https://www.cnbc.com/2022/02/02/320-...-ethereum.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.

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  11. #6

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    Default Re: Crypto News

    With crypto creeping back up the charts, I figured I'd throw this out there for anyone interested in checking on coin prices from time to time. Nice user-friendly list, very similar to coinmarketcap.com but a little more clean, in my opinion:

    https://www.coingecko.com/

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  13. #7

    Default Re: Crypto News

    This is what ruins it for me. Why so many cryptos? How easy is it to make one? It seems like trading something for the sake of trading something -- kind of like GameStop.

    If there were just a half dozen of these than maybe I'd get it. And, to me, all of these other little ones bring down the credibility of Bitcoin and Ethereum because they are obviously a lot easier to manufacture than what in my mind was the complexity of BTC and ETH.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.

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  15. #8

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    Default Re: Crypto News

    Quote Originally Posted by tsptalk View Post
    This is what ruins it for me. Why so many cryptos? How easy is it to make one? It seems like trading something for the sake of trading something -- kind of like GameStop.

    If there were just a half dozen of these than maybe I'd get it. And, to me, all of these other little ones bring down the credibility of Bitcoin and Ethereum because they are obviously a lot easier to manufacture than what in my mind was the complexity of BTC and ETH.
    Have to make money off those millennials expecting huge returns and early retirement!!!!
    https://www.marketwatch.com/story/mi...is-11649199310
    THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
    Tracker =
    Check my position

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