Viral Bitcoin video on TikTok
“Nothing ever fatigues me but doing what I do
not like.” - Jane Austen In today's newsletter, we will be covering:
TikTok app's its 1st viral Bitcoin video Venezuela's Maduro to
airdrop 0.5 Petro to each public employee and retiree Tata Consultancy
Services launching a blockchain app deployment kit Total Market
Cap: ~$195.3 billion (~0.8%) BTC Price: ~$6,920 (~2.6%) 24-Hour Volume: ~$73.2
billion (~28.4%) BTC Dominance: ~67.2% (~1.1) Notable movers: Waves (WAVES)
(~21.4%), Bytecoin (BCN) (~18.3%), Kyber Network (KNB) (~16%), Fetch.ai (FET)
(~14.6%) BTC is back trading below the $7,000 mark and is currently
trading at ~$6,920, down ~2.6% over the past 24 hours. As we continue on
this downward trajectory, it is interesting to note that the breakeven point for
U.S. miners is ~$6,000, and for China miners (the ones who control most of the
global hashing power for BTC), is ~$3,000. On the daily chart, BTC is still
trading below its 21-, 50- and 100-day EMA support lines, and failed to
break through its 100-day EMA line yesterday. RSI is at ~32, indicative of
significant bearish momentum. BTC is still trading within its lower
highs and lower lows trading pattern/ channel/ zone it has been trading within
since late June this year.
Popular short-video sharing app TikTok has
recorded its 1st viral Bitcoin (BTC)-related video. This comes as the
company's owner supposedly launched a joint blockchain venture
with state-run Chinese media group and ThePaper.cn operator Shanghai Dongfang
Newspaper.
The video, posted by TikTok personality 'The Wolf of Bitcoins',
shows a room in a house apparently fitted with dozens of cryptocurrency
mining hardware units. It includes a short caption, "this is why GPU prices went
up," and several BTC-related tags like "Bitcoin," "Bitcoin mining," and
"explain Bitcoin." Venezuelan President Nicolas Maduro recently announced that
he would airdrop 0.5 petro, supposedly worth $30 each, as a holiday bonus to
public sector workers, retirees and the military. Citizens are eligible if
they register for the state's cryptocurrency payments platform, PetroApp,
which supports the oil-backed cryptocurrency. The platform is designed
to allow users to buy goods and services from their phones, for standard
transfers, and can also be used to exchange other cryptocurrencies as well.
The airdrop is the latest effort to encourage Venezuelans to switch to the petro
and push for nationwide adoption. Multinational IT services firm Tata
Consultancy Services (TCS) has launched a blockchain app
development kit (DevKit), dubbed the "Quartz DevKit". It
is a low-code web-based integrated development environment that aims to help
enterprises to speedily build and deploy applications on any selected
blockchain in a simplified manner.
The DevKit has expandable pre-built
templates for "platform setup, administration, deployment, platform
security authentication, encryption, node, identity and user management,"
allowing programmers to write smart contracts 40% faster. Global Quartz Head
at TCS, Ramgopal Vivekenand explained that they developed the Quartz DevKit to
"help their teams rapidly put together high-quality pilots using smart contracts
on any platform with reduced coding effort." CipherTrace's chief financial
analyst recently published findings that the top 10 U.S. retail banks by asset
size have (possibly unknowingly) worked with unregistered crypto money services
businesses by transmitting funds on their payment networks.
Blockchain
financial services company Diginex and the UN-led International Organization for
Migration (IOM) launched a joint blockchain tool to prevent the exploitation of
migrant workers in Hong Kong.
Blockchain developers organization Ethereum
Classic (ETC) Labs Core (ETC Labs Core) has rebranded to ETC Core to
differentiate itself from ETC Labs. TBA - Justin Sun's lunch with Warren
Buffett "How much do you agree with this statement: "I like the idea of privacy
coins."" The average vote was 8.1. 51.6% of yall voted a '10'! Chase what makes
you happy
Unsubscribe - Unsubscribe Preferences
“Nothing ever fatigues me but doing what I do
not like.” - Jane Austen In today's newsletter, we will be covering:
TikTok app's its 1st viral Bitcoin video Venezuela's Maduro to
airdrop 0.5 Petro to each public employee and retiree Tata Consultancy
Services launching a blockchain app deployment kit Total Market
Cap: ~$195.3 billion (~0.8%) BTC Price: ~$6,920 (~2.6%) 24-Hour Volume: ~$73.2
billion (~28.4%) BTC Dominance: ~67.2% (~1.1) Notable movers: Waves (WAVES)
(~21.4%), Bytecoin (BCN) (~18.3%), Kyber Network (KNB) (~16%), Fetch.ai (FET)
(~14.6%) BTC is back trading below the $7,000 mark and is currently
trading at ~$6,920, down ~2.6% over the past 24 hours. As we continue on
this downward trajectory, it is interesting to note that the breakeven point for
U.S. miners is ~$6,000, and for China miners (the ones who control most of the
global hashing power for BTC), is ~$3,000. On the daily chart, BTC is still
trading below its 21-, 50- and 100-day EMA support lines, and failed to
break through its 100-day EMA line yesterday. RSI is at ~32, indicative of
significant bearish momentum. BTC is still trading within its lower
highs and lower lows trading pattern/ channel/ zone it has been trading within
since late June this year.
Popular short-video sharing app TikTok hasrecorded its 1st viral Bitcoin (BTC)-related video. This comes as the
company's owner supposedly launched a joint blockchain venture
with state-run Chinese media group and ThePaper.cn operator Shanghai Dongfang
Newspaper.
The video, posted by TikTok personality 'The Wolf of Bitcoins',shows a room in a house apparently fitted with dozens of cryptocurrency
mining hardware units. It includes a short caption, "this is why GPU prices went
up," and several BTC-related tags like "Bitcoin," "Bitcoin mining," and
"explain Bitcoin." Venezuelan President Nicolas Maduro recently announced that
he would airdrop 0.5 petro, supposedly worth $30 each, as a holiday bonus to
public sector workers, retirees and the military. Citizens are eligible if
they register for the state's cryptocurrency payments platform, PetroApp,
which supports the oil-backed cryptocurrency. The platform is designed
to allow users to buy goods and services from their phones, for standard
transfers, and can also be used to exchange other cryptocurrencies as well.
The airdrop is the latest effort to encourage Venezuelans to switch to the petro
and push for nationwide adoption. Multinational IT services firm Tata
Consultancy Services (TCS) has launched a blockchain app
development kit (DevKit), dubbed the "Quartz DevKit". It
is a low-code web-based integrated development environment that aims to help
enterprises to speedily build and deploy applications on any selected
blockchain in a simplified manner.
The DevKit has expandable pre-builttemplates for "platform setup, administration, deployment, platform
security authentication, encryption, node, identity and user management,"
allowing programmers to write smart contracts 40% faster. Global Quartz Head
at TCS, Ramgopal Vivekenand explained that they developed the Quartz DevKit to
"help their teams rapidly put together high-quality pilots using smart contracts
on any platform with reduced coding effort." CipherTrace's chief financial
analyst recently published findings that the top 10 U.S. retail banks by asset
size have (possibly unknowingly) worked with unregistered crypto money services
businesses by transmitting funds on their payment networks.
Blockchainfinancial services company Diginex and the UN-led International Organization for
Migration (IOM) launched a joint blockchain tool to prevent the exploitation of
migrant workers in Hong Kong.
Blockchain developers organization EthereumClassic (ETC) Labs Core (ETC Labs Core) has rebranded to ETC Core to
differentiate itself from ETC Labs.
TBA - Justin Sun's lunch with WarrenBuffett "How much do you agree with this statement: "I like the idea of privacy
coins."" The average vote was 8.1. 51.6% of yall voted a '10'! Chase what makes
you happy
Unsubscribe - Unsubscribe Preferences
