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YouTube deletes and restores Bitcoin bull Anthony Pompliano’s channel

According to Pomp, he had not violated YouTube’s community guidelines and his most recent video didn’t have any questionable content.

Video sharing platform YouTube removed the 251,000-subscriber channel of Anthony 'Pomp' Pompliano, co-founder of Morgan Creek Digital and host of The Pomp Podcast, before later restoring it.

In an Oct. 11 update on his Twitter account, Pompliano — a Bitcoin (BTC) bull known for his interviews educating skeptics and others on crypto — said he received a message from YouTube claiming a recent livestreamed interview with stock-to-flow model creator PlanB encouraged “illegal activities.” Pompliano’s entire channel was unavailable for roughly two hours before being returned to the platform, with all videos on BTC and crypto viewable to the public.

“[YouTube] first stated that the content, an interview on Bitcoin, was harmful and dangerous,” said Pomp. “They then stated that we would receive a strike, but then I received a second email saying the channel was being deleted seconds later.”

According to Pomp, he had received no “strikes” — violations of YouTube’s community guidelines; three strikes within 90 day can result in a channel being permanently removed — and the video seemingly didn’t have any questionable content or otherwise. However, the platform’s guidelines state it has the right to remove channels for “a single case of severe abuse” or for accounts dedicated to content including hate speech, harassment, or impersonation.

YouTube had previously targeted crypto-related content on the platform, with its algorithms labeling videos on BTC and other cryptocurrencies as “harmful content,” and leaving human reviewers to assess any grounds for appeal. In Pomp’s case, he was able to get the attention of YouTube’s support team on Twitter within minutes — likely due to his 1.1 million followers and verified account. However, other crypto content creators have reported waiting days after having their channels similarly terminated.

Related: Content creators fed up with YouTube now have a compelling alternative

The seemingly arbitrary removal of the account of a major player in the crypto space highlights the danger of relying on a centralized platform like YouTube. Last week, Facebook, Instagram and WhatsApp went offline for roughly six hours, likely disrupting community engagement around crypto and blockchain projects.

In addition, YouTube has been at the center of attention for attempting to purge videos related to misinformation on health around the COVID-19 pandemic. In August, the platform said it had removed more than one million video "related to dangerous coronavirus information" since February 2020.

Web3 Cyber Threats Surge in 2024: Cyvers Report

Multimillion-dollar investment rounds spark rallies in Avalanche and Audius

Increased use of cross-chain bridges and sizeable investments from a variety of venture capital firms are boosting the price of AVAX, CELR and AUDIO.

Altcoins continue to book notable gains on Sept. 16 as a slew of celebrity endorsements, major investments and the growing popularity of cross-chain bridges catch investors' attention.

Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro

Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Audius (AUDIO), Avalanche (AVAX) and Celer Network (CELR).

Superstars invest in Audius

The Audius platform is a decentralized music-sharing and streaming protocol that aims to cut out the middleman from the music industry and allow fans, subscribers and creators to interact with each other directly.

According to data from Cointelegraph Markets Pro, market conditions for AUDIO have been favorable for some time.

The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historical and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.

VORTECS™ Score (green) vs. AUDIO price. Source: Cointelegraph Markets Pro

As seen in the chart above, the VORTECS™ Score for AUDIO was in the green for most of the past week and reached a high of 77 on Sept. 14, around 22 hours before the price increased 38% over the next day.

The spike in price and trading volume for AUDIO followed the announcement that several well-known musicians including Katy Perry, Nas and The Chainsmokers had taken part in a $5 million strategic funding round for Audius.

Avalanche benefits from a $230 million investing round

Avalanche (AVAX) is a layer-one protocol that has been gaining traction in 2021 thanks to its low fee environment and the launch of the “Avalanche Rush” incentive program, which has attracted investors and liquidity from the Ethereum (ETH) network.

According to data from Cointelegraph Markets Pro, market conditions for AVAX have also been favorable for some time.

VORTECS™ Score (green) vs. AVAX price. Source: Cointelegraph Markets Pro

As seen in the chart above, the VORTECS™ Score for AVAX surged into the green zone on Sept. 13 and reached a high of 86 around 24 hours before the price increased 40% over the next two days.

The boost in price and momentum for AVAX comes following the announcement that large funds like Polychain Capital, Three Arrows Capital and Dragonfly Capital participated in a $230 million investment round to the Avalanche ecosystem.

Celer Network sees a surge from its bridge to Arbitrum

Celer Network is a layer-two scaling solution that uses off-chain transaction handling to help to increase the scalability and the transaction throughput of its network.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for CELR on Sept. 14, prior to the recent price rise.

VORTECS™ Score (green) vs. CELR price. Source: Cointelegraph Markets Pro

As seen in the chart above, the VORTECS™ Score for CELR spiked into the green zone and reached a high of 73 on Sept. 14, just as the price began to increase by 59% over the next two days.

The increase in demand for CELR comes as investors use the Celer bridge for token migrations from multiple blockchains, including the newly launched Arbitrum solution. Celer's bridge also offers users a work-around to the seven-day withdrawal process currently required to remove assets from Arbitrum.

The overall cryptocurrency market cap now stands at $2.161 trillion and Bitcoin’s dominance rate is 41.4%.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

Web3 Cyber Threats Surge in 2024: Cyvers Report

Strong fundamentals lure traders back to Audius, Raydium and Helium

New partnerships, exchange listings and network expansion are the primary factors pushing AUDIO, RAY and HNT price higher.

The cryptocurrency market found itself in a holding pattern on Aug. 17 as the price of Bitcoin (BTC) lingers below $46,000 and bulls regroup to plan their next attempt to push the price higher. 

Despite the struggles faced by many of the top cryptocurrencies, several altcoins were buoyed by positive developments and CT Pro's top market gainers index shows many producing double-digit gains.

Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro

Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Audius (AUDIO), Raydium (RAY) and Helium (HNT).

Audius partners with TikTok

The top-performing coin over the past 24-hours has been Audius, a decentralized music-sharing and streaming protocol that enables direct transactions between listeners and creators and helps to cut out the middleman who tap into artist's revenue streams.

According to data from Cointelegraph Markets Pro, market conditions for AUDIO have been favorable for some time.

The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historic and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.

VORTECS™ Score (green) vs. AUDIO price. Source: Cointelegraph Markets Pro

As seen in the chart above, the VORTECS™ Score for AUDIO has been in the green zone for most of the past week and reached a high of 80 on Aug. 13, around 66 hours before the price increased 156% over the next day.

The cause for the sudden spike in price was an announcement from Audius that it had partnered with TikTok to enable crypto-powered music streaming, a development that was registered by the NewsQuake™ alert system shortly after the price initially began to rise.

Solana's rising tide lifts Raydium price

Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). The Solana ecosystem has been gaining traction as of late and Raydium appears to have benefited from the increased interest in the network.

Data from Cointelegraph Markets Pro and TradingView show that after hitting a low at $4.64 on Aug. 12, the price of RAY has spiked 75% to an intraday high at $8.11 on Aug. 17 with $317 million worth of 24-hour trading volume.

RAY/USDT 4-hour chart. Source: TradingView

Momentum for RAY really began to pick up starting on Aug. 9 when it was announced that Binance would be list the token in its innovation zone. The price moved higher following another announcement on Aug. 17 that the exchange would launch perpetual futures contracts for the project.

Related: Solana is now in price discovery as SOL shows strength below $70 all-time highs

Helium rallies as the network's node count expands

Helium is a project focused on creating a decentralized blockchain-powered network for internet of things (IoT) devices and the project is powered by nodes run by community members.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for HNT on AUG. 12, prior to the recent price rise.

VORTECS™ Score (green) vs. HNT price. Source: Cointelegraph Markets Pro

As seen in the chart above, the VORTECS™ Score for Helium has been elevated over the past week and reached a high of 77 on Aug. 16, around 4 hours before its price increased 37% over the next day.

Momentum for the project has been steadily increasing since it successfully completed a $111 million token sale on Aug. 11.

The overall cryptocurrency market cap now stands at $1.977 trillion and Bitcoin’s dominance rate is 43.6%.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

Web3 Cyber Threats Surge in 2024: Cyvers Report