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Old 7th August 2022, 08:46   #751
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Default Re: The Cryptocurrency & NFT Thread

In another news, Michael Saylor stepped down as the CEO of Microstrategy. His Bitcoin strategy doesn't seem to be working as the company recorded a billion dollar loss in second quarter. As of June 30th, their networth is negative.

If the new CEO decides to liquidate the Bitcoin assets, it has the potential to crash BTC price to under 10k.


https://u.today/breaking-bitcoin-adv...rostrategy-ceo
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Old 6th September 2022, 06:57   #752
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Over half of Bitcoin's daily trading volume fake globally: Report

More than half of all Bitcoin daily trading volumes are reportedly fake, as the world's largest cryptocurrency nosedives again amid global economic turmoil


How wonderful... every time I think crypto world has found a bottom, they find a new bottom.

https://www.business-standard.com/ar...2800286_1.html
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Old 6th September 2022, 09:37   #753
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Default Re: The Cryptocurrency & NFT Thread

Quote:
Originally Posted by Samurai View Post
Over half of Bitcoin's daily trading volume fake globally: Report

More than half of all Bitcoin daily trading volumes are reportedly fake, as the world's largest cryptocurrency nosedives again amid global economic turmoil


How wonderful... every time I think crypto world has found a bottom, they find a new bottom.

https://www.business-standard.com/ar...2800286_1.html
Not at all surprised.
I am all for the underlying blockchain technologies, but crypto is a scam that needs to be called out.
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