EddieJayonCrypto
23 Aug 24
• Bitcoin miners are selling a significant amount of coins to OTC desks, which could be a bearish sign for Bitcoin.• Bitfarms, a smaller Canadian Bitcoin mining company, is facing a hostile takeover bid by Riot Blockchain. Bitfarms has resisted the takeover through several strategies, including a re...
• Bitcoin miners are selling a significant amount of coins to OTC desks, which could be a bearish sign for Bitcoin.• Bitfarms, a smaller Canadian Bitcoin mining company, is facing a hostile takeover bid by Riot Blockchain. Bitfarms has resisted the takeover through several strategies, including a recent acquisition and a shareholder rights plan.• USDD, a stablecoin, has lost its Bitcoin backing and is now backed by TRX, the native token of the Tron blockchain.• A cycle indicator suggests that the bull run for Bitcoin is about to begin. This prediction is supported by several fundamentals, including the fact that it has been 121 days since the last halving and global liquidity is about to explode again.• Sony is launching a new blockchain project that will be built on Ethereum’s OP Stack and will be used to onboard Sony products and other enterprises.• Russia plans to launch two crypto exchanges and a BRICS stablecoin. The exchanges will be based in Moscow and St. Petersburg and will focus on creating stablecoins tied to the Chinese yuan and BRICS currency basket.• Australia’s securities regulator has won a case against Kraken’s local operator. The regulator argued that Bit Trade Pty Ltd, the operator of Kraken in Australia, offered a margin extension product to retail clients without first making a target market determination. The court ruled in favor of the regulator, finding that Bit Trade did contravene the Corporations Act and that the margin extension product was a credit facility.~Get the Grow My Bag Crypto Tracker! - https://growmybag.tv/Crypto-TrackerGet the book!Crypto Foundations for Building Multi-Generational Wealthhttps://www.amazon.com/Crypto-Foundations-Building-Multi-Generational-Wealth/dp/1733097422Join this channel to get access to perks:https://www.youtube.com/channel/UC3tSBR3SIcHPE-Rpy1Ek3Rw/joinJoin Grow My Bag social media:https://growmybag.tv/sign-up🚨 Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by Grow My Bag. Grow My Bag may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.