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Essential Videos
Last Week’s Crypto Review https://youtu.be/F5N2nRRfdOA
How To Reduce Ethereum Gas Fees https://youtu.be/6CdD9ucSvTc
Biggest Crypto Partnerships Of 2021 https://youtu.be/Mox8ECrbS_Q
Solana Explained https://youtu.be/PA1kA5yT1Ac
Assets Backing The Largest Stablecoins https://youtu.be/TxcTDNHSS-U
Ripple vs. SEC Lawsuit Update https://youtu.be/ByrCArBCJk4
Internet Computer Cryptocurrency ICP Analysis https://youtu.be/YGrFj3pav_A
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- TIMESTAMPS -
0:00 Intro
2:17 Infrastructure Bill
6:53 Ethereum’s Historic Hard Fork
9:10 Google Open To Crypto Ads
10:57 PayPal Crypto Expansion
13:08 Brian Brooks Bails On Binance
15:53 Former Monero Developer Arrested
17:54 SEC vs. Cryptocurrency
20:06 Weekly Crypto Market Forecast
24:23 Conclusion
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️ Useful Links ️
► Latest Infrastructure Bill Update: https://cointelegraph.com/news/unchanged-crypto-tax-bill-will-be-put-to-...
► Ethereum London Hard Fork Goes Live: https://cointelegraph.com/news/ethereum-london-hard-fork-goes-live
► How Much ETH Has Been Burned: https://ethburned.info/
► Crypto Ads Back On Google: https://cointelegraph.com/news/google-running-crypto-ads-again-as-new-po...
► NCR Bitcoin ATM Plans: https://cointelegraph.com/news/ncr-corporation-plans-to-purchase-bitcoin...
► Brian Brooks Binance Coinbase Conflict: https://decrypt.co/75971/brian-brooks-binance-angered-circle-coinbase
► Former Monero Developer Arrested: https://cointelegraph.com/news/monero-s-former-maintainer-arrested-in-u-...
► Gary Gensler’s Crypto Comments: https://decrypt.co/77574/gary-gensler-crypto-market-securities-aspen-ins...
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Infrastructure Bill Threatens Crypto Industry
Even if the senate does pass the infrastructure bill in its current form, the house of representatives has already begun its recess which likewise lasts until mid-September, meaning it won’t get final approval right away
Ethereum’s Historic Hard Fork
EIP 1559, introduced ETH burning to the Ethereum blockchain. From hereon out, anywhere between 25-75% of all Ethereum gas fees will be burned with the remainder going to miners
Google Open To Crypto Ads
FTX and Crypto.com have collectively dished out close to a billion dollars to get their brand recognized by potential retail investors, and I suspect they will be the most likely to advertise on Google
PayPal Crypto Expansion, NCR Crypto Acquisition
PayPal seems to be setting up shop next door in Ireland, and I suspect this has as much do with taxes as it does cryptocurrency adoption
The National Cash Register or NCR has announced that it will be purchasing LibertyX, a payments company that created some of the first Bitcoin ATMs offered in the United States
Brian Brooks Bails On Binance
There has been a lot of speculation around why Brian stepped down ranging from the regulatory crackdown of Binance’s global operations to Brian’s own comments about the long-term profitability of cryptocurrency exchanges
Former Monero Developer Arrested
The charges Ricardo is facing are related to his former employment where he allegedly put his own personal bank information on company invoices so that he would receive money from clientele
According to a statement by Ricardo on Twitter, he has been fighting this case since 2011, and there have apparently been some issues about setting a court date to resolve the matter since that time
SEC vs. Cryptocurrency
During Gary Gensler’s speech last week, he noted that ‘many of these tokens are offered and sold as securities’, and he agreed with former SEC Chairman Jay Clayton who said that ‘every ICO I have seen is a security’
Weekly Crypto Market Forecast
BTC has managed to pump past 45k, which is a significant zone of resistance as per the 200 day moving average
Assuming we are still above the 200-day MA when this video hits the tube, there is a very high likelihood that we’re headed for new all-time highs in the coming weeks
ETH also pumped significantly over the last week as expected. This week’s winners are the Voyager Token, Ravencoin, Qtum, the Internet Computer, and BitTorrent.
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Disclaimer
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
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