Daily: Crypto Dip / Bitcoin Cash Chain Split Bug / Tether prints $50M USDT
Crypto markets have taken a beating over the past week due to the SEC's announcement to delay the ruling the CBOE Bitcoin ETF approval. This caused an overall negative sentiment as the community assumed that this ETF was going to be a clear win. We take a look at a possible reason as to why it's not a clear cut victory and into the recently Bitcoin Cash bug as well.
1:38 Market Overview
2:15 Bitcoin ETF Delay
4:49 Tether prints $50M USDT
8:06 99% attack resistant consensus by Vitalik Buterin
9:17 Bitcoin Cash Bug (SIGHASH BUG)
12:27 Blockchain Cruise https://coinsbank.com/cruise-europe
Articles Covered:
https://www.coindesk.com/the-sec-will-decide-on-9-bitcoin-etfs-in-the-next-2-months/
https://bitcoinexchangeguide.com/tether-usdt-market-cap-loses-300-million-usd-but-prints-50m-today/
https://vitalik.ca/general/2018/08/07/99_fault_tolerant.html
https://medium.com/mit-media-lab-digital-currency-initiative/http-coryfields-com-cash-48a99b85aad4
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I'm not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.
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I dont agree that the ETFs are being held back in order to manipulate BTC prices, I think the SEC just doesnt care what happens to BTC's price, so they are doing their diligence. The ETF will pass, but it won't rise the prices as everyone is hoping, the market is simply not done dipping.
In one year BTC has doubled in value, that's too much too fast. Bears are not done.
Nevertheless, Im holding crypto, its my main savings, I will not ever leave, the prices might be bearish for a while yet, but that doesnt mean Im down on crypto. Im buying, I holding. I optimistic, but just not optimistic for the short term.
Such a valuable crypto analysis. Bitcoin Cash bug should be solved very soon. I always appreciate your valuable explanation.
Hello friend, You think the market will go down even more. For those of us who manage cryptos, it is something that is very worrying
I would say the market is waiting for one positive news to go upward.
I think so
The most discussed topic is now bitcoin, blockchain, cryptocurrency.
you are right
People's are not thinking for long term hold of crypto they just want to get huge profits in short term which is not possible .
i think ETF will be delayed untill the market comes up in bullish behaviour
Really Like your work and efforts .
thank you
I don't think that ETF has a great impact on crypto market.
Dear @boxmining sir,
now bitcoin market is very bad.
restemed and upvote.