Bitcoin Flashes Big Buy Signal – Bad News For June 30th

Bitcoin Flashes Big Buy Signal – Bad News For June 30th

Bitcoin Flashes Big Buy Signal – Bad News For June 30th

Alex Mashinsky has tripled down on bitcoin saying it can hit $160,000 this year. This is as key bitcoin indicators flash BUY for the 5th time in history. 650 US Banks will soon be able to offer crypto to more than 24 million customers. One bitcoin billionaire has reportedly turned up no longer living.  

Odd goings-on in the cryptocurrency world, so who better than to report it to you than the oddest couple in the blockchain world. We are the blockchain blockheads, the crypto clowns, the defi dufi and the nifty nerds. Come along on this ride down the latest news and views from our point of view on the bad news episode #528 of The Bad Crypto Podcast. 

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Animoca Brands -- The global leader in branded blockchain gaming

Animoca is working to revolutionize the gaming industry with huge hits such as F1 Delta Time, Gamee, The Sandbox, Crazy Defense Heroes, and tons of other ones in the works! If you’re a gamer or just interested in knowing what Animoca Brands is up to go check them out today!

Check it out at Animoca Brands!

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Bitcoin $hits the Bed – Bad News For May 19th

Bitcoin $hits the Bed – Bad News For May 19th

Bitcoin $hits the Bed – Bad News For May 19th

Great shades of 2018! The world awoke today to see the crypto market tumble in the biggest market crash we’ve seen in three years. Hitting a low of $30,000, and bringing just about every coin downward in its wake, there are many theories about what may have caused this precipitous plummet.  Was it Elon Musk? Was it a plan to force some into liquidation? Were there others forces at play? 

We’ll dive into all the stories surrounding black Wednesday, as well as cover a bunch of other news thats hitting the crypto radar this week. And Travis may cuss out Elon Musk. If your portfolio is hurting as much as ours you might want to get ready for an expletive-laden bad news episode #514 of the Bad Crypto Podcast.

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In the world of crypto, it can be hard to know what information is good, and what is just useless and not needed for the regular everyday investor. With so many wallets, exchanges, apps, and platforms it’s tough to know where to turn to for a trusted solution. That's where Ledger comes in. Ledger makes your experience navigating the crypto waters easy. 

Ledger is the gateway for all crypto services that you might need: buying, selling, exchanging. Now you can grow your assets how you want to from one app! The Ledger hardware wallet combined with the Ledger app enables you to securely and truly own your crypto and gives you the comfort of managing it all in one place! 

You know what they say, not your keys, not your crypto!

Save 20% off Ledger Nano S with the code BADCRYPTO20 (Limited quantities & only 1 per customer)

Grab your Ledger at http://badco.in/ledger

Yield.app, our favorite up and coming DeFi application, gives you 20% APY with 10% paid out in stablecoins for holding funds in your wallet, covering you against the volatility that scares even the most experienced crypto investor. Check them out at Yield.app to learn more!

Gala Games is here to fundamentally redefine both the gaming and blockchain spaces. The first game released by Gala Games, Town Star, is a deceptively simple-looking but incredibly deep farming simulation in which the user builds a farm to compete in weekly competitions. At various places, NFTs can be used in the game to provide bonuses but are not required to play, have fun, or compete.

Mirandus, the MMORPG/Adventure Simulator currently under development by Gala Games is working to completely redefine both the game development pipeline, as well as the gameplay model by putting the power in the hands of the players and giving them ultimate control over the in-game economy. There is a LOT more coming for Gala Games node holders, so make sure to keep in touch, watch the Discord (http://galagames.chat) and get ready for more interesting news! Follow Gala Games on Twitter, Facebook, or Instagram (@GoGalaGames)

Join us: https://gala.games/badcrypto/

 

It’s been quite a week for the crypto world. Bitcoin ends down more than 20 percent and is now stuck at around $40,000. ETH had an even harder time. It’s down more than 30 percent. The crash, which started with a declaration from Elon Musk that Tesla would no longer accept Bitcoin, wiped out $2.4 billion in a day. The fall then continued with news from industry organizations in China that reiterated a ban on banking services for crypto traders.

Analysts have compared the drop from $64,000 to Black Thursday, but figures from Coinbase suggest that some large investors were hoovering up low-priced coins. The question now is whether the 20 percent cut is a healthy correction or will Bitcoin remain below $40,000? The answer isn’t clear yet. Bitcoin did bounce from $42,000 before falling again and while ETH took a hit, other altcoins have done well. Polygon is up more than 30 percent, and Cardano has broken through $2. A Reddit post also suggests that the worst may be behind us. The anonymous post describes a plan to drive Bitcoin as low as possible to wipe out a “certain stakeholder.”

The reason Elon Musk turned away from Bitcoin was its energy usage. A report, though, shows that the banking system as a whole consumes more than twice as much energy as Bitcoin. Other analysts have been trying to predict which greener altcoins Tesla might accept. Some suggest ETH. Others are thinking of Ripple or Stellar. Who knows, though? It might be Dogecoin.

While Bitcoins and altcoins come under pressure, one North Dakota city has teamed up with BitPay to allow people to pay their utility bills with cryptocurrencies. But you won’t be able to use them to buy a pizza. Bitcoin fan Anthony ‘Pomp’ Pompliano marked Bitcoin Pizza Day by launching his own pizza brand. It doesn’t accept cryptocurrency.

In other news, a hacker managed to mount a 51 percent attack on Ethereum clone CheapETH. It cost him about $100. Fear of hackers seems to be having an effect. Ledger, a hardware wallet, reported a five-fold increase in revenue in the first three months of 2021.

Coinbase to Add Dogecoin in the Next 6-8 Weeks — but check out that Bitcoin price screenshot from yesterday on Coindesk.

 

 

 

 

 

We’ve also had some feedback from listeners. Corey Rogers points out that Mark Zuckerberg’s goat, Max and Bitcoin, aren’t pets. He kills them and eats them. “Perhaps he is planning to slaughter Bitcoin Maximalists with his own bare hands?” asks Rogers. “ Maybe he himself is planning to eat Bitcoin? Either way, it’s possible that Zuck will serve up a picture in the future with Bitcoin on a plate.”

And finally, you can put the week’s bad news behind you by winning $10,000. Gala Games starts its last week of competition on Tuesday, May 25. Good luck!

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Win up to $10,000!!! Join Gala Games Today!

Final week of competition starts on Tuesday May 25 at 12PM EST.

Get in NOW to practice your builds for next week! Competition is fierce!

Do YOU have what it takes to be the next Town Star?

Join us → badco.in/galagames



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GameStop Stops Wall Street

GameStop Stops Wall Street

GameStop Stops Wall Street Bad News for Jan 28th

Bitcoin momentarily dipped under $30,000 only to recover to $32,000.  Who’s in charge of the market right now?  The bears or the bulls?

An amazing case study in the power of the people happened this week as Wall Street shorters were caught by the shorts when a subreddit moved GameStop’s stock from $20 to over $400. And the powers that be have responded as heavy-handed as you would expect.

Major Universities are moving endowment funds into crypto. Perhaps our institutions of higher education are finally learning something?

A penny saved is no longer a penny earned, because that penny is worthless and less every year.  But here in the Republic of Bad Cryptopia, a Satoshi saved is a Satoshi earned. So stack those sats and sat right there for our Bad News episode #482 of The Bad Crypto Podcast. 

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1inch is a decentralized exchange aggregator that sources liquidity from the top DEXs and liquidity sources to save users money and time on swaps. 1inch is capable of finding the best possible trading paths and splitting them among multiple market depths. Recently, the 1inch team unveiled 1inch version 2.  The main highlights of v2 are Pathfinder, an API that contains a new discovery and routing algorithm, and a new intuitive, user-friendly UI. The v2 improvements ensure the best rates on swaps, while dramatically cutting response time.

ChainGames 

Battle against the rest of the world with your favorite crypto projects and characters in this blockchain-enabled kart racing game available for Windows, Mac OS, Linux & Android. Supporting real crypto payouts for multiplayer racing, battle mode, rocket league and capture the flag, are you sure you have what it takes to be #1? The competition is fierce!

 

HODLCommunity uses altruistic tokenomics and algorithmic finance to offer reliable growth that’s mathematically based on time and transactions. Joining the HODLCommunity means joining progressive thinking individuals excited about a sustainable DeFi economy.

HODLCommunity assets are built on predictable growth, which removes volatility and manipulation. Their ledger-agnosticism and cross-chain compatibility attract a wide range of community members, merchants, and business initiatives to achieve mass adoption without the end-user having to understand ‘crypto’ or yield finance.

It’s been a difficult week for Bitcoin as the correction continues. The price is down about 12 percent over the last seven days. As Bitcoin dipped below the $30,000 support level, some experts suggested the bears are in charge. At least for now.

Other analysts are even less optimistic. David Puell, creator of the Puell Multiple, worries that a tax on unrealized gains and the approval of a Bitcoin exchange-traded fund could stop Bitcoin’s rise altogether one day. Marathon Patent Group, a mining firm, is doing its bit to keep the upward pressure on, though. The company recently bought $150 million of Bitcoin to boost its investment holdings. They join a bunch of Ivy League schools. Yale, Harvard, and Brown are all reported to be investing their endowments in cryptocurrencies.

But Bitcoin might face a new threat. Could the forum-fueled rise of meme stocks like Gamestop give Bitcoin some competition? Techcrunch thinks it might. Meanwhile, Reddit, whose forums started the whole thing, has announced that it’s partnering with the Ethereum Foundation. The platform is hoping to build scaling technology.

Video game stocks aren’t the only memes in town though. Bernie Sanders’ mittens have conquered the Internet, and now with the help of Topps and Wax, they’ve been preserved on the blockchain too.

Bernie would have to take his mittens off to use his iPhone but if he’s got crypto on it, it’s a sacrifice he’ll just have to make. Apple has just updated iOS to fix a vulnerability that could expose cryptocurrency wallets. And with his fingers free, Bernie could also use Signal. The private messaging app is said to be developing a cryptocurrency payments service. The Iranian government is reportedly trying to block the app.

In Panama, lawmakers are talking about cryptocurrency regulation, and in the United Kingdom, the governor of the Bank of England has said that digital payments are here to stay. Cryptocurrencies? Not so much.

If you want to visit any of these places though, you might just be using the blockchain soon. The International Air Transport Association is planning to roll out COVID passports that are built on blockchain technology.

While Bitcoin struggles with its floor, altcoins are doing well. Ethereum, in particular, has reached a record high, though if you’re looking to save fees, early morning and late at night seem to be the best times. Or you could try trading NFTs. An ultra-rare alien CryptoPunk has sold for 605 Ether. That’s more than $705,000.

Talking of crypto punks, the Commodity Futures Trading Commission has levied civil fraud charges against Jeremy Spence, AKA Coin Signals. The commission accuses Spence of defrauding investors out of more than $5 million worth of Bitcoin.

One way to avoid losing your Bitcoin to fraud is to boost your crypto knowledge. CoinMarketCap is making that easier than ever, and offering rewards for the process. The company is giving away $400,000 worth of $SAND tokens to people who watch its training videos. That’s one way to beat the bears.

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The Most Secure Crypto Wallet Ever

The Most Secure Crypto Wallet Ever

Over the past couple years we’ve seen a number of crypto wallets designed to offer security to coin holders. We’ve been big fans of the Trezor and Ledger wallets, but some new technologies are creating opportunities for digital wallets to become even safer. Evercoin now claims to be the safest cryptocurrency wallet and exchange. Evercoin co-founders Miko Matsumura and Talip Ozturk join us today to discuss their latest update and how their integration with the Yubikey make their wallet the safest one available.

What do you get when you combine a spicy password, a dash of biometrics, a sprinkle of 2FA, a dollop of hardware security and a jar of nutella? We’re not really sure, but at least part of it sounds tasty.

Find out more on episode #338 of The Bad Crypto Podcast.

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This Episode is Sponsored by: DIVI

Divi is a cryptocurrency app that makes it easy to earn, transact, and store cryptocurrency. Divi is the first cryptocurrency ecosystem powered by masternodes that can be installed in one click. With Divi's MOCCI (Masternode One-Click Cloud Installer), users can begin earning cryptocurrency at the click of a button, without the arduous setup process. The network's Smart Wallet enables users to easily store and transact their earned cryptocurrency with the luxury of a simple, intuitive interface. Divi was created by The Divi Project: a team committed to reducing the friction tax of cryptocurrency through UX and UI.

Feature: Evercoin

Miko Matsumura is a founder of crypto exchange Evercoin, is a General Partner with Gumi Cryptos and a Venture Partner with BitBull Capital, a cryptocurrency fund-of-funds. He is also an advisor to Arrington XRP Capital. He also advises a wide range of cryptocurrency startups. Miko holds a Master’s degree in Neuroscience from Yale University where he worked on abstract computational neural networks. He leads the Crypto Underground meetup in San Francisco and is a well-known speaker at many cryptocurrency and blockchain events.

LinkedIn: https://www.linkedin.com/in/mikomatsumura/

Talip Ozturk

Talip Early in his career, Ozturk was a Java Application Consultant at Management Information Consulting, Senior Java Application Engineer at Syncline, and a Software Architect at Itochu Technology. In 2008, he founded Hazelcast, an open source in-memory data grid product. He served as CEO of Hazelcast until 2014 when his role switched to CTO, a position he held until December 2015. In January 2017, Ozturk launched Evercoin, a cryptocurrency exchange based in Silicon Valley.

LinkedIn: https://www.linkedin.com/in/talipozturk/

LINKS: 

http://miko.com

https://www.gumi-cryptos.com/

http://evercoin.com



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Facebook Goes Blockchain – Bad News for 2/7/19

Facebook Goes Blockchain – Bad News for 2/7/19

Some say a crypto rally is expected one year before the next halving, Facebook makes their first blockchain acquisition and a Canadian exchange has lost all their crypto in a story with a bizarre twist.

But bizarre is the new normal in the blockchain world. And bizarre is normal for the Republic of Bad Cryptopia. Come inside, kick off your shoes and grab an adult beverage from the fridge. You’re always welcome here. Welcome to the Bad News episode #237 of The Bad Crypto Podcast.

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Digitex

Digitex Futures, a non-custodial commission-free futures trading exchange, has begun on-boarding traders to the Beta version of its platform.

The revolutionary trading platform which will eliminate all transactions fees, as well as withdrawal & deposit fees. A total game-changer in the futures market as no other platform allows traders to trade with zero-fees.

After completion of the Beta version, Digitex Futures will roll out to the public in quarter two of this year, with ambitious plans for the rest of 2019.

These include the full incorporation of plasma technology into the exchange to offer decentralized account balances, the offering of additional futures markets, spot trading, and a mobile app. Buy, Sell & Trade Digitex now!

Learn more here: Digitex Futures

 

EVENTS

Join us for a taping of Bad Crypto Live before the meetup at SXSW – Saturday, March 9th

$10 for 50 people to participate – proceeds go to Water is Life

badco.in/hardfork

NEWS!