Worst Month for Bitcoin Coming! (Groundbreaking Metaverse Achievement)
In your nightly crypto news wrap-up, we bring you the top crypto stories. Mt. Gox delays paying back the Bitcoin they owe to their creditors, Eminem and Snoop Dog preform from inside the Otherside Metaverse at the MTV VMA’s and as Septembear approaches, we have to be honest with ourselves and face the harsh truth that the ugly side of the bear market could get much worse before it gets better.
What We Discuss:
0:00 Intro
0:24 R.I.P. Hal Finney
0:51 Mt. Gox
1:54 Market Watch
2:39 MTV & The Metaverse
3:42 Septem-bear?
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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.
Sources:
https://www.wired.com/2014/08/hal-finney/
https://cointelegraph.com/news/mt-gox-creditors-dismiss-rumors-of-massive-bitcoin-dump
https://www.mtgox.com/img/pdf/20220706_announcement_en.pdf
PSA: MtGox is *NOT* distributing any coins this week, or the next week, or the week after that.
Source: I’m a MtGox creditor. The repayment system is not live yet.
Next step: Go and block @TheAltcoinHub for spreading this misinfo.
— Eric Wall (X🏴,X🏴) (@ercwl) August 27, 2022
BREAKING:
Mt. Gox will not be releasing the #Bitcoin, and will delay the distribution, once again.
The entire crypto space was stressing out heavily on this, but unwarranted.
— Michaël van de Poppe (@CryptoMichNL) August 28, 2022
Potential black swans still to come:
1. Mt Gox victims finally get their bitcoin released
2. Tether collapse unable to redeem
3. Total stockmarket crash
4. Taiwan invasion
5. Ukraine escalation
6. Satoshi alive and moves some $btc from genesis wallet
7. Schiff buys bitcoin— EloniusMunk (@EloniusMunk) June 18, 2022
https://cointelegraph.com/news/bitcoin-faces-mt-gox-black-swan-as-trustee-prepares-to-unlock-150k-btc
https://www.theblock.co/post/166241/mtv-awards-feature-snoop-dogg-and-eminem-as-bored-apes-first-metaverse-category?utm_source=cryptopanic&utm_medium=rss
https://www.digitaltrends.com/gaming/pubg-wins-vma-for-best-metaverse-performance-by-blackpink/
https://cointelegraph.com/news/bitcoin-risks-worst-august-since-2015-as-hodlers-brace-for-septembear
Trading expert calls 200-week MA test ‘moment of truth’ for entire crypto market
https://www.cryptoglobe.com/latest/2022/08/as-total-crypto-market-cap-falls-below-1-trillion-moonrock-capital-ceo-says-dumb-money-is-leaving/
https://cointelegraph.com/news/looks-bare-opensea-turns-into-nft-ghost-town-after-volume-plunges-99-in-90-days
#bitcoin #ethereum #crypto #news #nft #economy #money #blockchain #invest #inflation
