Cardano Cuba BTC NTFs and More

This Week in Crypto: Cardano, Cuba, BTC Hashrate & More!!

By Guy

👨‍💻Corporations Crazy For NFTs👨‍💻

Visa explained that their reasons for buying the CryptoPunk were ‘To help our clients and partners understand the infrastructure requirements for a global brand to purchase, store, and leverage an NFT’

💲Stablecoins In The Spotlight💲

Starting from September, USDC will be 100% backed by cash and short-term US treasuries aka government debt. PAX stablecoin rebranded to USDP, and Tether started printing USDT

📈Bitcoin Hash Rate Goes Parabolic📈

Historically, Bitcoin’s hash rate has correlated quite closely with it’s price. The fact that Bitcoin’s hash rate continues to rise even as prices fall suggests that there are still more gains on the horizon for BTC

🤑Bitcoin ETF In October?🤑

The announcement of some kind of ETF be it for Bitcoin or Ethereum would do wonders for BTC and/or ETH, and Bloomberg analysts believe we could see many of them approved in October

📅Infrastructure Bill Set For September📅

Right now, the tentative date for the infrastructure bill to pass is September 27th. After that it just needs to be signed by the president and it will become law, and then the wolves will hop into the sheep pen

💳Cuba Embraces Crypto Payments💳

To me Cuba’s move sounds awfully close to making cryptocurrency legal tender, and if true then it would make Cuba the second country to make cryptocurrency legal tender, the first being El Salvador

⚖Cardano Foundation Pushes Compliance⚖

In a worst-case scenario, Cardano holders could find themselves in a position where they’re locked out of their wallets until they complete KYC

⛅Weekly Crypto Market Forecast⛅

Investors who are bearish on Bitcoin and have lots of put options will push the price of BTC down as much as they can at the end of each month to maximize profits. Many believe this is why BTC tends to dip at the end of each month

~~~~~

📜 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

Latest videos

Polkadot Deep Dive Can DOT survive the bear market
Polkadot: Can DOT Survive The BEAR Market?! Deep Dive!!
Polkadot Deep Dive Can DOT survive the bear market

Polkadot: Can DOT Survive The BEAR Market?! Deep Dive!!

June 28, 2022 2 min read
Crypto News Harmony Celsius Voyager Solana FATF
Crypto News: Harmony, Celsius, Voyager, Solana, FATF & MORE!!
Crypto News Harmony Celsius Voyager Solana FATF

Crypto News: Harmony, Celsius, Voyager, Solana, FATF & MORE!!

June 27, 2022 2 min read
bottom for crypto markets
Was This The Crypto BOTTOM?! Are We Heading LOWER?!
bottom for crypto markets

Was This The Crypto BOTTOM?! Are We Heading LOWER?!

June 26, 2022 2 min read
What REALLY Happened With Celsius
What REALLY Happened With Celsius?! What We Know!!
What REALLY Happened With Celsius

What REALLY Happened With Celsius?! What We Know!!

June 23, 2022 2 min read
Three Arrows Capital What REALLY HAPPENED to 3AC
Three Arrows Capital: What REALLY HAPPENED to 3AC?!
Three Arrows Capital What REALLY HAPPENED to 3AC

Three Arrows Capital: What REALLY HAPPENED to 3AC?!

June 22, 2022 2 min read
Crypto News Market Meltdown 3AC Celsius Job cuts
Crypto News: Market Meltdown, 3AC, Celsius, Job Cuts & MORE!!
Crypto News Market Meltdown 3AC Celsius Job cuts

Crypto News: Market Meltdown, 3AC, Celsius, Job Cuts & MORE!!

June 21, 2022 2 min read
Is China GDP Fake
Have We Been LIED TO?! China’s FAKE GDP Numbers!!
Is China GDP Fake

Have We Been LIED TO?! China’s FAKE GDP Numbers!!

June 19, 2022 2 min read

Related videos

Polkadot Deep Dive Can DOT survive the bear market
Polkadot: Can DOT Survive The BEAR Market?! Deep Dive!!
Polkadot Deep Dive Can DOT survive the bear market

Polkadot: Can DOT Survive The BEAR Market?! Deep Dive!!

June 28, 2022 2 min read
Crypto News Harmony Celsius Voyager Solana FATF
Crypto News: Harmony, Celsius, Voyager, Solana, FATF & MORE!!
Crypto News Harmony Celsius Voyager Solana FATF

Crypto News: Harmony, Celsius, Voyager, Solana, FATF & MORE!!

June 27, 2022 2 min read
bottom for crypto markets
Was This The Crypto BOTTOM?! Are We Heading LOWER?!
bottom for crypto markets

Was This The Crypto BOTTOM?! Are We Heading LOWER?!

June 26, 2022 2 min read
What REALLY Happened With Celsius
What REALLY Happened With Celsius?! What We Know!!
What REALLY Happened With Celsius

What REALLY Happened With Celsius?! What We Know!!

June 23, 2022 2 min read
Three Arrows Capital What REALLY HAPPENED to 3AC
Three Arrows Capital: What REALLY HAPPENED to 3AC?!
Three Arrows Capital What REALLY HAPPENED to 3AC

Three Arrows Capital: What REALLY HAPPENED to 3AC?!

June 22, 2022 2 min read
Crypto News Market Meltdown 3AC Celsius Job cuts
Crypto News: Market Meltdown, 3AC, Celsius, Job Cuts & MORE!!
Crypto News Market Meltdown 3AC Celsius Job cuts

Crypto News: Market Meltdown, 3AC, Celsius, Job Cuts & MORE!!

June 21, 2022 2 min read
Elon's Twitter TAKEOVER Will It Succeed
Elon’s Twitter TAKEOVER!! Will It Succeed? What You NEED to Know!
Elon's Twitter TAKEOVER Will It Succeed

Elon’s Twitter TAKEOVER!! Will It Succeed? What You NEED to Know!

June 28th, 2022 2 min read