Conversation Street #9

By MikeZillo | Blockchain Insights | 6 Aug 2022


LcTxR7u1XKabaf2rRAavg1BccJytdBUSkKWeD9d55WLannpHX7sYZYCf322gLnqu52LK8bGmH3er413C35j5p3mRv7MJg3DfuracGXaK9mt7LAXw6kGaxECSc7uyDnF8bc1FT4qknDnmgivQrZwYuG9DQ.webp?format=webp&mode=fit

https://cointelegraph.com/magazine/2022/07/30/crypto-pumps-after-fed-rate-hike-zuck-pins-hopes-metaverse-making-hundreds-billions-tesla-posts-64m-btc-profit-hodlers-digest-july-24-30

We assisted at a local crypto pump mainly due to the rate increase from FED. Elon Mush created a massive sell after the news that Tesla sold 75% of its bitcoins. What if they sold, liquidating assets, creating panic into the market and they bought them back at a lower price? Who is ready to bet one beer on it?

 

32FTXiZsHoAWFxzgF7aevEvzv72yBcvoAggtAzuUYrVkrTpr48ymcvaxH8v8HdD9AhMfDAjsme3QKfLbUN7U2PnTF9vkbeFdhTewCnfyJ9yCQkEuEF97y8HRLGp4aYadFM5cdRSwxQSzgz4n.webp?format=webp&mode=fit

https://en.cryptonomist.ch/2022/07/29/dogecoin-380-increase-traders-thankselon-musk/

I remain dumbfounded: are people really that dense?
Do they really not understand that this maneuver is to the detriment of BTC and all altcoins?
Including Dogecoin.

 

2gsjgna1uruvGBHDnRaj2z6FsL6XEQR3pnqa26GnWaMGQBBca3gHMe5ZxVj55oeN8KU1LhfUsSoDFjrYvfWyH9qQ3CBRUKJCCwufiqJS8bpdzF9Lir.webp?format=webp&mode=fit

https://cointelegraph.com/news/charles-schwab-s-asset-management-arm-launches-crypto-linked-etf

The overlap of traditional finance with crypto finance is inevitable.
Very good for mass-adoption, but in this case regulation is essential and it needs rigorous verification.

 

2gsjgna1uruvGBHDnRaj2z6FsL6XEQR3pnqa26GnWfbadFrHCh3rRHsdtr7bbgF6gjZZJ63eyVT2mnfCsggzKDcfPTaVXmiyKVFyoPpGVdGSnm2W7p.webp?format=webp&mode=fit

https://cryptonews.com/news/banking-giant-santander-is-set-to-offer-crypto-trading-to-brazilians-as-crypto-is-here-to-stay.htm

Santander banks is going to allow Brazilians to trade cryptocurrencies directly. May this be an anticipation of a inflation crisis for Brazil, after the huge volumes that Venezuela has been registering in cryptos into LocalBitcoin.com after the start of hyper-inflation there?

LcTxR7u1XKabaf2rRAavg1BccJytdBUSkKWeD9d5DFie2x8nimCTByuPbPCJ4WbXZVY1Kq1BRXMQuFpSX5fwKgWDw347eKdJzmkAmAqqf6Z7FRHfeR8rpJqkx4xEgtnHoH2KemV6jKSi82GxrJNap14WS.webp?format=webp&mode=fit

https://en.cryptonomist.ch/2022/07/29/mercedes-benz-chooses-polygon-new-platform/

After VolksWagen with its attempt with IOTA, now it’s time for Mercedes with Polygon. I honestly prefer this solution, starting using second layers of the Ethereum blockchain. More stable and I would say "more reliable" than IOTA

LcTxR7u1XKabaf2rRAavg1BccJytdBUSkKWeD9d5AQ9JCHNmkA4qApVMGek3WmxyPjJQ48fdQuoRpFDP5KYVmwuzKVQPW5HBKUum9b63nyDoveBb5543mmGFtw8XFyxNGaiEMzqkeNqGYcjHKEmsiR9FC.webp?format=webp&mode=fit

https://cointelegraph.com/news/coingecko-open-to-acquisition-but-now-is-too-early-co-founder-says

Kudos to COO Bobby Ong: a time of market downturn does not mean CoinGecko is over!
They have increased staff, given awards to those who deserved them, and are trying to retain good employees.
Could a company that is implementing these maneuvers ever be at the end of the line?

 

How do you rate this article?


43

0

MikeZillo
MikeZillo Verified Member

Daily Trader, Mining Farm Project Manager, Blockchain consultant, Cryptocurrency evangelist. You can find more videos here https://www.youtube.com/channel/UCvyXx6I1C__zmLAYUXNZwQQ? Telegram: @mikezillo


Blockchain Insights
Blockchain Insights

Working as a consultant for Blockchain projects, an operative experience comes by itself. In this Blog I am share Blockchain applications, pros and cons, practical use cases I got in touch with. Of course, a good understanding of the topic will be provided with dedicated contents

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.