#Bitcoin #HODL #Cryptoterms

I’d like to welcome everyone to my new YOUTUBE CHANNEL

Dave’s Daily Crypto Take

In this channel I will be providing you with news on a daily basis about cryptocurrency, bitcoin, blockchain, FIAT.

My main purpose is to share UNBIASED news and updates. Ultimately I learn and hopefully you learn while I go on this journey.

ARTICLES used in today’s video:

https://ambcrypto.com/ethereum-why-londons-4-august-roll-out-could-hijack-this-popular-bitcoin-narrative/

Ethereum: Why London’s 4 August roll-out could hijack this popular Bitcoin narrative

With market bulls losing steam all over, the value of most cryptos was trending lower on the charts at press time. However, this also gave many participants an opportunity to gain insights into certain projects like Ethereum. The industry’s second-largest cryptocurrency has been competing with Bitcoin on all fronts of late and if institutions and analysts are to be believed, it could take over the mantle from BTC pretty soon.

Ether has reportedly seen tremendous growth over the past year, growth fueled by the exponential hike in interest in Decentralized Finance [DeFi]. This is something Goldman Sachs agrees with as well, with the firm noting in a recent report that Ether’s use case gives it the potential to dominate the digital store of value over the coming years.

https://cointelegraph.com/news/sec-closes-in-on-settlements-with-us-bitconnect-promoters-for-millions

SEC closes in on settlements with US BitConnect promoters for millions

The U.S. Securities and Exchange Commission (SEC) is nearing settlements with four U.S.-based individuals accused of promoting the multi-billion dollar crypto Ponzi scheme, BitConnect.

https://www.inputmag.com/tech/you-may-soon-be-able-to-pay-in-crypto-wherever-visa-is-accepted-coinbase-ftx

You may soon be able to pay in crypto wherever Visa is accepted

Visa says it will partner with cryptocurrency companies and allow consumers to pay in digital currency wherever its cards are accepted — nearly 70 million places worldwide. And merchants won’t have to do anything on their end, but rather, customers will simply pay in crypto using a Visa card and it will automatically convert to fiat currency.

“The merchants don’t have to change anything,” said Cuy Sheffield, Visa’s head of cryptocurrency, speaking to Insider. “It will be the same as any other Visa transaction to them. But on the backend, the crypto assets are instantly converted into fiat.”

https://www.nbcnews.com/tech/tech-news/tether-worlds-third-biggest-cryptocurrency-got-economists-worried-rcna1358

Why tether, the world’s third-biggest cryptocurrency, has got economists worried

Tether is the third-biggest cryptocurrency in the world by market value. And it’s got some economists — including an official at the U.S. Federal Reserve — worried.

Last month, Boston Fed President Eric Rosengren raised the alarm about tether, calling it a potential financial stability risk. Meanwhile, some investors believe a loss of confidence in tether could be crypto’s “black swan,” an unpredictable event that would severely impact the market.

https://www.unilad.co.uk/featured/successful-cryptocurrency-investors-share-secrets-to-success-and-how-to-avoid-loss/

Successful Cryptocurrency Investors Share Secrets To Success And How To Avoid Loss

The rise of Bitcoin, which has seen its value soar over the past few years, has got many people interested in cryptocurrencies. As a result, there is an incredible selection of cryptocurrencies, whose founders have high hopes of increasing in value.

Reasons for investing in cryptocurrencies have ranged from memes to cults of personality. Nonetheless, questions still linger about whether emerging cryptocurrencies can take off, and if the time for ordinary people to invest and profit has come and gone.

https://time.com/nextadvisor/investing/cryptocurrency/crypto-terms-you-should-know-before-investing/

Cryptocurrency Terms to Know Before You Invest: A Beginner’s Guide

HODL. DApp. Ethereum.
No, these are not words from a newly-discovered alien language. They’re among the many new and key terms in the language of cryptocurrency.
Cryptocurrency isn’t just a novel investment option, and in many ways represents a different world altogether compared to traditional stocks and bonds. Between unfamiliar acronyms, emerging technologies, and keeping up with memes and tweets, just learning the basics takes time, even for seasoned traditional investors.

https://alternative.me/crypto/fear-and-greed-index/

https://coinmarketcap.com/

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DISCLAIMER: I will never give any financial advice. And my channel is not considered official Financial Advice. Please do your research before purchasing any cryptocurrency.

Thank you very much

Dave

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