Peaceful Protestor Recommends Buying Bitcoin On Live TV To Opt Out Of Failed Monetary System
Following the pandemic and its impact on the economy, the mental health, and tensions of all global citizens, things in the United States have reached a boiling point. Widespread protests have erupted into the streets over the unjust passing of George Floyd. While some have turned violent, others remain peaceful.
One particular protest in Los Angeles featured an outraged citizen who took pause to recommend Bitcoin on live TV as a way to “opt-out” of the failing economy.
Protests Breakout Across All 50 US States, Some Turn To Violence
News coverage of the virus outbreak has quickly turned toward an outbreak of violence and protests sweeping the United States.
Protests over the murder of innocent victim and “gentle giant” George Floyd by way of police brutality, have erupted across all 50 US states.
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John Oliver’s show, Last Week Tonight, returned after a three-month hiatus. The British-born comic immediately started trashing President Trump and his children. His blind hypocrisy was far funnier than any of his actual comedy skits. It seems John Oliver is back. After three months away, the British “comic” had a few things he wanted to get off his chest — notably the acquittal of U.S. President Donald Trump. Oliver usually makes for car crash television, and his big return did not disappoint. John Oliver is a World-Class Panderer Before we look at what John Oliver said about Trump and the impeachment process, it’s essential to bear in mind Oliver’s audience. As unfunny as his comedy is, he’s a smart man when it comes to keeping his audience onside and coddling their fragile little beliefs. John Oliver’s hilarious comedy formula. | Source: Twitter His entire schtick revolves around massaging the many egos that exist within the liberal bubble. His job is to confirm that his liberal followers are right, and everyone else is wrong. He does this in the smug, sarcastic…Feb 17, 2020
Micree Ketuan Zhan, the ousted co-founder of Bitmain, has filed another lawsuit in his fight to regain control of the bitcoin mining giant – this time in his home country. A recent notice from the Changle District court in China’s Fujian province indicates Zhan has filed a lawsuit against Bitmain’s fully-owned subsidiary Fujian Zhanhua Intelligence Technologies, as well as Beijing Bitmain Technologies as a related third party. A hearing of the case was scheduled on Feb. 11, according to the notice, although it’s likely postponed due to the disruption caused by the coronavirus outbreak. While it’s not clear what the exact allegations are, the court says the case relates to a “shareholder qualification confirmation dispute.” The case adds to the ongoing litigation in the Cayman Islands Zhan has filed against the company that he co-founded with Jihan Wu in 2013, casting further uncertainty on the outcome of the power struggle at the world’s largest miner maker as well as its planned initial public offering in the U.S. Zhan filed a lawsuit in December in the Caymans, where Bitmain’s parent holding…Mar 9, 2020
In a move that has both stunned and infuriated the Steem community, major crypto exchanges have used the voting power of their held tokens to restructure the platform’s consensus algorithm. The network has now gone down in a move that may be tied to Justin Sun’s acquisition of Steemit late last month, and the community’s attempt to limit his power. JUSTIN SUN ACCUSED OF STEEM RETALIATION By purchasing Steemit, Justin Sun gained control of a sizable share of Steem’s consensus voting weight. This fact is due to the platform’s delegated proof-of-stake (DPoS) architecture, and Steemit being by-far the most active element of the network. Fearing Sun’s potential to cause mayhem, last week the Steem team initiated a soft fork that eliminated Steemit’s influence. Now, in what may be a retaliatory act, several centralized exchanges have used their own voting influence to promote Steemit-affiliated witnesses to the coveted top twenty spots. It is these witnesses that produce blocks within the platform. Thus, if the evidence rings true, Steemit, and thus Justin Sun, has established centralized control over Steem. Waking up to…Mar 3, 2020
Last night, Bitcoin price exploded above $10,000 in an over $600 and a 6% price increase during an epic one-hour candle. During this surge, altcoins were decimated in a flash but failed to cause the current BTC dominance downtrend to come to an end. Bitcoin Price Blasts Above $10,000 Causing Altcoins To Bleed Out Right ahead of the daily candle close, Bitcoin price made a successful attempt to break up through resistance at $10,000 and is currently holding above the critical FOMO level. In less than an hour, the first-ever cryptocurrency had risen over $600 and 6%, closing at over $10,200 on Coinbase. The volatility caused the popular cryptocurrency exchange to go down, prompting public uproar throughout the crypto community. Coinciding with the pump in Bitcoin, altcoins surged on their USD trading pairs but bled out against BTC. The inverse relationship caused a 1.5% rise in BTC dominance. RELATED READING | ‘NOT AN ASSET CLASS’ BITCOIN SPIKED BY 100,000,000% SINCE 2011 BTC dominance is a metric that weighs Bitcoin’s market cap against the rest of the cryptocurrency market. This metric…Jun 2, 2020
Growing up on the Wall Street, Ariel’s Distinct Approach to Crypto: Interview with Ariel Ling, CEO of Bithumb Futures
NewsBTC held a conversation with Ariel Ling, CEO of Bithumb Futures. Ariel previously held senior management positions over the past 20 years at prominent traditional financial institutions like KPMG, Barclays, and most recently, Deutsche Bank. During the course of the interview, we explored Ariel’s transition from traditional finance, marked by her illustrious 20-year career at Wall Street, to crypto, the early-stage ups and downs as she launched Bithumb Futures, as well as her grand vision for the company. Q: To get started, could you share how your upbringing/background influenced your entry into the financial sector, and segue into crypto? A: Firstly, I would like to express my gratitude to the audience for this opportunity. I come from an academic family in China with both parents in the educational field. So, I have always valued education and the power of learning from an early age. In the mid-1990s, I came to New York City to pursue my MBA in Finance at New York University. I fell in love with the dynamic New York City that never sleeps and began my professional…Apr 28, 2020
While You’re Under Quarantine, Check These Sites for Remote Crypto Jobs If you are on the lookout for a job in these pressing times, when the coronavirus pandemic has limited public movement and shut down businesses, it’s worth exploring opportunities to work from the relative safety of your home. The number … read more. How to Buy Weed With Bitcoin So you’ve got a little bitcoin to your name but are all out of weed. What you gonna do? Well, if you’re fortunate enough to live in a region where marijuana is legal, there are ways to exchange the two. … read more. Regulatory Roundup: Crypto Regulations Advance Despite Global Crisis, Cash Shortages, Bank Closures In this roundup, we cover crypto regulatory developments amid the global crisis effected by the coronavirus outbreak, bank closures, interest rate cuts, and plunging stock markets. Through it all, governments worldwide are still focusing on cryptocurrency regulation, including the U.S., … read more. How to Quickly Cash Out From Crypto to Fiat There are many reasons why you might seek to liquidate your digital assets…Mar 30, 2020
The price of Bitcoin is showing signs of weakness. It has started the day in red and is now eyeing further downside. The probability of a decline down to the $9.3k level is quite high at the moment but we have to look at more than just that. We need to understand what the whales are planning at the moment. To see that, first we have to look at why BTC/USD rallied past $10k. It was once a strong psychological support that was broken and had now become a strong psychological resistance. So, a lot of traders that entered aggressive shorts in the $8k territory had their stops just above $10k. Now Bitcoin whales and the market makers have clearly shaken out most of those bearish positions. However, there may still be some left around $10.5k that they would want to shake out. Before they do that, they want to hit the honey pot just below the $9.7k region where a lot of retail bulls have their stops. This could aggressively pull the price down to $9.3k in the near…Feb 11, 2020
The crypto market is flashing some overt signs of weakness as Bitcoin leads most major altcoins lower Although some smaller tokens have been able to escape these losses, the aggregated market recently tapped a major resistance level, opening the gates for major downside This has led traders to widely note that Bitcoin and other major alts like Ethereum could be positioned to see immense losses in the near-term Bitcoin and the aggregated crypto market have been struggling to gain momentum over the past several days. This has led many altcoins to post significant losses as investors grow increasingly risk adverse. Buyers and sellers have, for the moment, largely reached an impasse as Bitcoin and other altcoins enter bouts of rangebound trading. This may not last long, as analysts widely believe that the recent decline marks the start of a fresh downtrend for the entire market. Crypto Market Faces Rejection at Key Level The cryptocurrency market has been firmly tracking Bitcoin’s price action throughout the past several days and weeks. The benchmark digital asset was previously flashing signs of strength as…May 26, 2020
Crypto exchange Kraken has added stablecoin USD Coin (USDC) to its list of trading pairs. Touted as “the world’s fastest-growing stablecoin,” USDC saw listing today on crypto exchange Kraken, per a press release provided to Cointelegraph on Jan. 8. USDC developed by Circle and Coinbase Payment company Circle, alongside crypto exchange powerhouse Coinbase, founded an endeavor called the Centre Consortium, developing USDC under the Centre name. An Ethereum-based (ERC-20) token, USDC is a cryptocurrency pegged to the U.S. dollar, allowing traders and investors to park their money in a stable and transferable digital asset if need be. The past two years have seen an influx of additional stablecoins into the crypto space, including USDC, after regulatory and insolvency fears flooded the market surrounding legacy stablecoin Tether (USDT). In December 2019, USDC posted a market cap of more than $500 million — only the second stablecoin in history to achieve such numbers, the press release noted. Still showing its market dominance at press time, USDT sits with a market cap of more than $4 billion. Circle and Coinbase list USDC on…Jan 9, 2020
Bithumb, one of the world’s largest cryptocurrency exchanges, could invest more than $8 million into South Korea’s regulatory sandbox. Via its daughter company GCX Alliance, Bithumb has shown intent to put 10 billion won ($8 million) into South Korea’s “regulatory free zone” in Busan, according to reporting from Seoul on Jan. 9. Regulation-free zone South Korea’s second-largest city, Busan, has been the subject of prior headlines for its status as a deregulated outpost and for its desire to create a digital currency based on blockchain technology, as Cointelegraph reported in July 2019. In December 2019, KT, South Korea’s most sizable telecom company, announced the introduction of a blockchain-based currency local to Busan. Fund usage Bithumb has shown interest in putting the 10 billion won toward the Tongsan Asset Exchange, located in Busan, as indicated by Korea’s Ministry of Small and Medium Venture Businesses, the Korean news article said. South Korea’s Financial Services Commission plans to review the endeavor with Bithumb near January’s end. The article added: “The industry expects Bithumb to launch various blockchain-based financial businesses in Busan with this…Jan 9, 2020