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Crypt0: Facebook Won't Give Up | U.K. Requests Crypto Exchange Info | Ethereum Mainnet Init. | Seoul S-Coin
- Tuesday, 06 August 2019 23:29
Cryptocurrency News of the Day:
►Facebook hired Susan Zook (ex-Senator Crapo aide) to lobby for Libra, after reportedly already spent millions on lobbying this year.
►U.K.'s Tax Collection Agency HM Revenue & Customs has sent letters to Coinbase, eToro, & CEX.io, requesting names and transaction histories of customers.
►About $100 Million of shorts & longs have been liquidated, over the last 24 hours.
►The Ethereum Enterprise Alliance, by Consensys, has hired Aya Miyaguchi and announced plans to launch a new mainnet initiative, during Devcon 5, in Osaka, Japan.
►Seoul, Korea, has announced the city government's new "S-Coin" rewards program.
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►Audio-Only Version Of This Video - https://soundcloud.com/omar-bham/facebook-wont-give-up-uk-requests-crypto-exchange-info-ethereum-mainnet-init-seoul-s-coin?in=omar-bham/sets/crypt0s-news
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**Nothing I state, share, express, or allude to should be considered professional advice or recommendations of action. This channel is intended for educational and entertainment purposes only. All content contained within is all just my own opinion and experience. Consult a professional (or two...or more) for any tax, accounting or legal related questions you may have.
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Crypto Capital Venture: LITECOIN PREPARING TO BREAK - LTC $140 vs. $70
- Wednesday, 07 August 2019 02:12
We have seen Litecoin do this time and time again. An ltc pattern sets up, giving us time to prepare, and then it breaks to target. Litecoin targets are always two-fold, up or down. Best to be prepared either way for litecoin price volatility.
Cycles of Bitcoin - https://www.tradingview.com/chart/BLX/IzGnRABO-The-Cycles-Of-Bitcoin-Speculative/
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Crypto Capital Venture is big on tracking bitcoin and litecoin market in particular. The general premise of technical analysis videos on Crypto Capital Venture is that although Bitcoin price and Litecoin price move very in a very volatile way, there is much opportunity in being prepared for upside and downside. We also cover Bitcoin news on this channel as it comes out.
► Music Credit: Joakim Karud
Track Name: "Vacation"
Music By: Joakim Karud @ http://youtube.com/joakimkarud
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License for commercial use: Creative Commons Attribution 3.0 Unported "Share Alike" (CC BY-SA 3.0) License.
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#Bitcoin #BTC #Crypto #Cryptocurrency
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Vincent Briatore: So you got a letter from the IRS about your Crypto! Now what?
- Tuesday, 06 August 2019 15:11
Today I interview crypto-tax expert and co-founder of Node40 Sean Ryan to discuss the implications of the recent developments with taxes & crypto.
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Peter Schiff: ?Ep. 491: The U.S. Economy Was Stronger Without Economic Advisors
- Tuesday, 06 August 2019 20:42
The Peter Schiff Show Podcast - Episode 491
Recorded August 6, 2019
Trade War: New Tariffs and Accusation of Currency Manipulation -
Yesterday was the worst day of the year for the Dow Jones. At one point, we were down about 950-odd points. I think we closed down under 800; 767 points. But it was a follow-though from the weakness that we had on Friday and the news, too, that we had on Friday about the escalation of the trade war, where Donald Trump announced the imposition of new tariffs on China.
Normal Movements in a Currency Market -
But what happened overnight in China was the yuan went below 7:1 against the dollar. This is the first time it has been that low since China started to allow its currency to appreciate against the dollar. It had been appreciating… now 7 is not that much weaker than it was when Donald Trump became President. The Chinese yuan is only down 2-3% since Trump took office. That's not a whole lot, when it comes to a currency. Everybody is up in arms; now Trump is upset that the Chinese are weakening their currency, when the currency has not weakened very much. In fact, the U.S. dollar is down about 2 or 3% against the Swiss franc since Trump became President. So what's the big deal? Switzerland isn't accusing the United States of manipulating its currency, just because the currency dropped a few percent. These are normal movements in a currency market.
Dow Trading Higher after China Blinks? -
But the minute the yuan dropped below 7:1, everybody was saying, "Currency War!" and "Who knows how much further the yuan is going to drop?" And so that sparked a lot of selling in the Chinese market. And so the U.S. market went down… I think the futures went down maybe about 300 Dow points or so before we opened. But then, as soon as we opened, we sold off hard and we did have a little bit of a rally into the close, so we closed off the lows, but as soon as the U.S. stock market closed, the futures sold off again. I think at one point last night, the Dow was off another 4-500 points before reversing on the Chinese yuan having a fix, I think, that was a little bit higher than the markets were worried about, so that caused the traders to breathe a little sigh of relief that the yuan didn't fall again. So that sparked a rally.
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TheChartGuys: S&P 500 SPY IWM QQQ VIX Gold Silver Miners OilTechnical Analysis Chart 8/6/2019 by ChartGuys.com
- Wednesday, 07 August 2019 00:21
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Tone Vays: Trading Bitcoin w/ Sawcruheez - SPX Stole the Show
- Tuesday, 06 August 2019 21:08
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Dash: Dash Core Group Q2 2019 Summary Call
- Tuesday, 06 August 2019 01:50
Dash Core Group team presents project achievements, development strategy and progress made during Q2 2019.
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SkrillaKing: How the Federal Reserve plans to RIVAL Bitcoin (BTC)
- Tuesday, 06 August 2019 20:21
Today we cover Monday's announcement that the Federal Reserve has plans to develop a new product that will offer real-time payment settlements 24/7 for US citizens. This is in my opinion largely due to Facebook's Libra ushering in an increasing scrutiny on the potential utility for digital assets.
This is not decentralized, nor using blockchain technology. As I learn more about their plans I'll continue to dive into this topic, but as of right now it's scheduled for 2024. By that time I hope widespread cryptocurrency adoption will have taken place and the PEOPLE (YOU and I) will demand for a decentralized framework.
The stage is being set for not only a currency war but the future potential of blockchain technology. Interest rates being cut in the US, China further de-valuing the Chinese Yuan... the list goes on.
Bitcoin (BTC) is about to re-test $14,000 and the proverbial feces is about to hit the fan.
Are you ready?
LINKS:
https://www.cnet.com/news/federal-reserve-announces-real-time-payments-system/
https://www.federalreserve.gov/newsevents/pressreleases/other20190805a.htm
https://www.reddit.com/r/Bitcoin/comments/cmcc0i/the_chinese_govt_just_devalued_their_currency_15/
https://bitstamper.io/war/
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WallStForMainSt: Precious Metal Stocks/Oil Divergence Means Oil Bear Market & Doom For US Shale & US Stocks?
- Monday, 05 August 2019 17:49
Jason talks about an interesting chart from global macro hedge fund Crescat Capital about the divergence between precious metals stocks and oil since 1983 and what it might mean for US stocks and also the oil market. Also, many US shale oil producers had really bad Q2 2019 earnings including Concho Resources (NYSE: CXO). Is a larger US shale oil bust coming soon?
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Adam Meister: The 1 Bitcoin Show- The truth machine has been invented and it is called BTC! BitPiggys, more!
- Tuesday, 06 August 2019 21:43
Tel Aviv, Israel- The Bitcoin truth machine and Dan Tapiero. It is still early! Tonight we are all in motion! From the traditional finance guys, to Andreas, to Bitpiggys! The government does not "get" Bitcoin yet, but some 20%ers do! Flashbacks and more!
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