Category Archives: Bitcoin

Ethereum Has BAD NEWS!? SEC to Classify As Security? Chico Crypto

Ethereum Has BAD NEWS!? SEC to Classify As Security? Chico Crypto

Welcome to Watch Crypto! In this video, Chico Crypto talks about - Ethereum Has BAD NEWS!? SEC to Classify As Security? Check out the video above or read the summary below to find out.

You can subscribe to Chico Crypto here if you have not already!

Name of Organizations/companies/persons used in this crypto video

  • RatioGang
  • Bitcoin
  • EIP 1559
  • Eric Conner
  • BTC Maxi
  • Ethereum (ETH)
  • SEC
  • CSO
  • Blockstream
  • Gary Gensler
  • Samson Mow
  • Jay Clayton
  • BitsBeTrippen
  • GAS Fees
  • CovidPunks
  • Takenstheorem
  • SAP
  • Salesforce
  • Oracle
  • Sage
  • Ethereum Mainnet
  • John Wolpert
  • ETHAtlanta Hackathon & Keynotes
  • Atlanta Tech Park
  • Baseline Protocol, 
  • Baseledger
  • the Provide stack
  • Microsoft
  • Splunk
  • EY
  • ConsenSys
  • Coke One North America (CONA)
  • ServiceNow
  • Andromeda
  • Howey Test
  • BTC Maxipads
  • CovidPunks
  • EIP Upgrade
  • MEV bots
  • JPEGS
  • Baseline Protocol
  • Ethereum mainnet!
  • Coke One
  • Unibright
  • UBT

Be sure to follow @LeaksBlockchain as Chico Crypto is a contributor

Summary of the whole video

Ethereum London has activated & the burn upgrade deployed into the main Ethereum chain without a hitch. Ethereum is getting destroyed, thrown into the actual Ether to never return!

Initially the news was that Ethereum would dump when the upgrade happened! Well that wasn’t the case, Ethereum actually pumped, and crossed 2800, setting its sights on the fabled $3000 dollar level once again. 21.7 increase in past 7 days. 

It is way better when compared with Bitcoin (BTC) which has loss of 1.5 percent. As per RatioGang...Ethereum is still undervalued compared to Bitcoin and it has more activities as compared to dull Bitcoin. 

Eric Conner, the actual co-author of the burn upgrade, EIP 1559 tweeted. “The Bitcoin community has gotten so pathetic that they actively beg regulators to classify ETH as a security. This has been going on for years. He shows BTC Maxi’s calling for the SEC. Chairman, Gary Gensler, to classify ETH as a security and Even Samson Mow, CSO of Blockstream tweeted “Tell me your a security without telling me your a security”. 

Although the SEC in 2018 said that Ethereum is now decentralized enough, and thus isn’t a security! And Chairman of the SEC, Jay Clayton in 2019...reiterated it!

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Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy. This page may contain sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.

ETHEREUM EXPLODING! TOP 5 COINS TO FOLLOW IN CRYPTOCURRENCY

ETHEREUM EXPLODING! TOP 5 COINS TO FOLLOW IN CRYPTOCURRENCY! Altcoin Daily

Welcome to Watch Crypto! In this video, Altcoin Daily ETHEREUM EXPLODING! TOP 5 COINS TO FOLLOW IN CRYPTOCURRENCY and much more!

You can subscribe to Altcoin Daily here if you have not already!

Name of Organizations / digital currencies / persons / digital platforms / applications used in the video

    • Ethereum
    • EIP-1559
    • NFT
    • DeFi
    • Opensea
    • uniswap V2
    • Tether
    • Axie infinity
    • Uniswap V3
    • USD Coin
    • CryptoPunk
    • Aave
    • Solana
    • Avalanche
    • Layer 2 Expansion (Matic)
    • Elrond
    • Elrond Network
    • Marvel
    • Spider-man
    • VeVe Marketplace
    • Wolverine
    • Batman
    • Eminem (Rapper)
    • Coinbase ventures
    • nfl player Larry Fitzgerald
    • Coinbase
    • Ami
    • Bitcoin
    • Illiquid Supply Shock Ratio

Be sure to follow @AltcoinDailyio on Twitter for daily crypto updates.


Timestamp Details for this Crypto Video:

Summary of Timestamp 2 & 3:

Ethereum has just had a major protocol upgrade (EIP-1559)

EIP-1559 is basically changing ethereum's monetary policy for the better and basically every single transaction that goes through on the base layer of ethereum on the ethereum blockchain a little bit of a Etherium is going to be burnt.

Eip1559 has already burned one million worth of ethereum and this was just in the first three hours. In fact ethereum is burning ten thousand dollars every minute after the upgrade

.10.55 Ethereum are being destroyed every 60 seconds

Summary of Timestamp 4

Had eip 1559 been live on ethereum the last year it would have seen almost 3 million ethereum burned

This is a 75 reduction of supply emission impact since around 4.2 million each a year are mined

This is happening already during a supply crunch with Ethereum

Summary of Timestamp 5

Number one core investment thesis which underpins entire cryptocurrency and nft portfolio:

The market currently misunderstands and misprices natively programmable store of value assets because it doesn't understand the future utility

There is huge opportunity in cryptocurrency right now!!

Summary of Timestamp 6

Ethereum addresses using deFi so ethereum addresses rose 65 last quarter

It means people are interacting with the DeFi protocols and the boom corresponded with an increased supply of stable coins.

Opensea, uniswap V2, Tether, Axie infinity, Uniswap V3, USD Coin can be checked on websites. 

Summary of Timestamp 7

The cheapest CryptoPunk that you can buy now is more than $100,000 in Ethereum

It is undeniable that CryptoPunks and nfts continue to boom

Average crypto punk's sale price has surged to an all-time high of $121,000.

Summary of Timestamp 8

Altcoins with huge potential that are making moves –Aave

Aave is exploring Solana and Avalanche and Layer 2 expansion like Matic. Ethereum will be compatible to these. 

Summary of Timestamp 9

Elrond big step forward !

Elrond network becomes the first carbon negative European blockchain opening a new wave of sustainable innovation so every nft every DeFi product mirror transaction on Elrond will have a positive environmental impact.

Summary of Timestamp 10

Marvel unveils the first official nfts starting with spider-man

Marvel's first official nft crypto collectible will launch on the VeVe marketplace this month

Spider-man digital sculptures will be released this weekend prices between 40 and 400 each with other marvel nfts dropping later in August.

So, they are doing everything whether it is wolverine, batman or whoever. 

Summary of Timestamp 11

Ami is a brand name in the nft crypto collectibles

Eminem, Coinbase back ethereum nft platform maker's place in a $30 million raise

Investors include rapper Eminem, Coinbase ventures,  nfl player Larry Fitzgerald and many more

Summary of Timestamp 12

Almost all of the attention in cryptos on Ethereum, DeFi, EIP 1559 and nfts. However, bitcoin is going through a supply shock.

Summary of Timestamp 13

Bitcoin user net growth seven day moving average has reached an all-time high

It has been the fastest growing in the entire history of bitcoin over a weekly average

Re-accumulation showed by Illiquid Supply Shock Ratio giving off some mid-2017 vibes although this current recovery has been much quicker so far

if bitcoin breaks 45 000 within this next month i call it 100k as very likely this year

Coinbase to enable cryptocurrency buys with linked debit cards to Apple Pay and Google Pay and instant cash ads up to $100,000 per transaction available 24/7.

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Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy. This page may contain sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.

The Next Era Of Eth Is Here (BIG Gains Ahead)

The Next Era Of Eth Is Here (BIG Gains Ahead) BitBoy Crypto

Welcome to Watch Crypto! In this video, BitBoy talks about how The Next Era Of Ethereum Is Here (BIG Gains Ahead).

You can subscribe to BitBoy here if you have not already!

Name of Organizations/digital currencies/persons/digital platforms/applications used in the video

  • London hardfork
  • Ethereum mainnet
  • cryptoverse
  • Ethereum
  • Vitalik Buterin
  • EMA
  • Raspberry Pi
  • ETH
  • Bitcoin
  • ARM
  • EIP-1559
  • ETH 2.0
  • the Ethash encryption algorithm
  • ASIC-resistant
  • Graphic Card
  • AMD RX 580
  • os/2 warp
  • DeFi 
  • E-bay
  • NFT
  • gwei range
  • RX 580
  • ETH Market
  • Oracles
  • Ethereum Protocol

Be sure to follow @BitBoy_Crypto on Twitter for daily crypto updates.


Timestamp Details for this Crypto Video:

Summary of Timestamp 1

The London hardfork is happening today on the Ethereum mainnet. The entire cryptoverse is looking to see how this affects not just the price, but the rest of the smart contract ecosystem. It's a pivotal moment in the development of Ethereum that could make or break the smart contract giant.

Summary of Timestamp 2

The video is about breakdown of the latest Ethereum news and what it could mean for the future of smart contracts on the blockchain. Ethereum has turned six years old as of July 30.

Back in 2013, the 20-year-old Vitalik Buterin wrote his Ethereum whitepaper and would later meet the team that would help found Ethereum. Many other similar projects failed. 

Summary of Timestamp 3

it's the fundamentals that are keeping the market enthusiastic about its potential. Ethereum broke the 200-day EMA on the 23rd of July and hasn't looked back. 

Summary of Timestamp 4

Programmers is going to put a full ETH node on a Raspberry Pi. Maxis have long been butthurt over Ethereum's utility over Bitcoin's store of value and tried to poke holes in its text since its inception.

The hyper nerds at Ethereum on ARM were able to fully validate a node on the most kawaii of all the computers, a Raspberry Pi.

Summary of Timestamp 5

So the next few months for Ethereum are going to be a roller coaster of changes. EIP-1559 has been shouted from the rooftops as a total game changer and it could be.

The real game changer for ETH is when it goes to proof-of-stake or ETH 2.0.

EIP-1559 is really only doing one big thing--- changing the fee market mechanism.

Ethereum is proof-of-work and gets its network consensus via the Ethash encryption algorithm and the algorithm was somewhat ASIC-resistant

Prices of graphic card are going up due to mining. For instance, the AMD RX 580 graphics card was released in 2017. By the end of 2019, you can pick them up on eBay for around $290.

But as mining became more profitable, the price of all graphic cards found support.

In January of 2021, the price of Ethereum started skyrocketing, and combined with a supply chain disruption due to a certain superbug, the price of the lowly RX 580 shot up to an eye-popping $890 in May of this year.

Reasons of Ethereum skyrocketing

  • Ethereum miners are paid out 12,800 in block rewards a day.
  • EIP-1559 was proposed.
  • EIP-1559 is going to make fees a little better for the overall ETH market, but the real upside will be speed and transparency.
  • EIP-1559 will give users more data on what they're paying for, how much they're spending, how high network congestion is and more control over slippage.
  • It will also make Ethereum less dependent on external oracles since the base fee is managed by the Ethereum protocol itself.
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Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy. This page may contain sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.

The World’s Richest Families Buying Bitcoin In SECRET!? Chico Crypto

The World's Richest Families Buying Bitcoin In SECRET!? Chico Crypto

Welcome to Watch Crypto! In this video, Chico Crypto talks about how the richest families are taking interest in investment in cryptocurrencies. The video details how top rich families who own almost everything are now diverting their investments into tokens/coins/ and various blockchain technologies.

You can subscribe to Chico Crypto here if you have not already!

Video Summary

Name of organizations/companies/platforms/websites mentioned in this chico crypto video:

  1. Rothschild investment corp
  2. Coinfund
  3. Venrock
  4. Grayscale Bitcoin Trust
  5. Grayscale Ethereum Trust
  6. Coindesk
  7. Securities and Exchange Commission
  8. Revest Finance
  9. pakman.com (website)
  10. Rarible

Name of persons/families mentioned in this chico crypto video:

  1. Elon Musk
  2. Rockefeller’s family
  3. Dupont’s family
  4. The Astor’s family
  5. George Soros
  6. Rothschilds
  7. Fobar
  8. David Pakman

Digital assets and digital terminologies mentioned in this chico crypto video

  1. Bitcoin (BTC)
  2. Altcoin Ethereum
  3. Ethereum ($ETHE)
  4. $GBTC
  5. Altcoin
  6. Coingecko
  7. Rarible
  8. crypto tokens
  9. defi tokens,
  10. NFTs
  11. NFTs combined with DeFi
  12. Rari
  13. Alchemist Coin
  14. Financial NonFungible Token (FNFT)

Projects mentioned in this chico crypto video

  1. Venrock Crypto Mission
  2. the PROPS Project (decentralized network of video applications)
  3. Rarible Project

Be sure to follow @LeaksBlockchain as Chico Crypto is a contributor


Timestamp Details for this Crypto Video:

Timestamp 1

Bitcoin started to rebound due to some hype of that BWord conference….If BTC has found its bottom, from those good Elon words at BWord, Altcoins are going to find themselves too.

While everyone is still talking about BTC, we stay ahead of the game...like way ahead. We spot projects that will surge into the top 100...before anyone else. So are you ready for alternative content?

Timestamp 2

Before we get into those altcoins. There was some BIG news for BTC and the #1 Altcoin Ethereum! The elite of the elite, some say part of the Illuminati, one of the 13 families that control this world….are finally looking at bitcoin!

So which family was it? Rockefeller’s? Dupont’s? The Astor’s?

Yeah maybe, but not the one we are gonna talk about first...one of the most recognizable...the

Timestamp 3

Rothschild’s! (Family)

Yesterday in the mainstream crypto news, it was announced the Rothschild investment corp had increased its Bitcoin exposure by 300% since April!

And from the Coindesk article it says “The Chicago-based institutional investment manager increased its holdings of Grayscale Bitcoin Trust shares to 141,405 from 38,346 in the prior quarter, according to Securities and Exchange Commission documents filed Monday” So let’s just dig into that filing with the SEC and see what we come up with, and I gotta thank my thumbnail creator for finding this!

In the filing we wanna click inftable.html, an information table, which will be readable to us online.

Clicking into that and searching by what they bought grayscale...we get not 1, but 2 results!!

Grayscale Bitcoin Trust and the Grayscale Ethereum Trust...the Rothschild’s are going deep into Ether too! And as we can see, more shares.

The over 141405 shares for bitcoin $GBTC, but over 279119 shares for Ethereum $ETHE!

Timestamp 4

Elitist families are getting exposure to BTC & the #1 altcoin, Ethereum...it’s happening. And it’s not only the Rothschild’s! Remember earlier this month? Billionaire @2George Soros...it was announced he has begun trading BTC through his Soros Fund Management!

Well Soros, isn’t one of the 13 families, he is a rung below in the pyramid of control! He is apart of the richest sub families. What about the other families in 13?? Are they getting involved with bitcoin or cryptocurrency!? Well actually yes..

Timestamp 5

And it’s from another Have you ever heard of Venrock?

Well Venrock is a venture capital firm...whose name is a compound of “venture” and “Rockefeller”... Yes this is the Rockefeller’s investment fund which for nearly half a century has been focusing on investment in science and technology! Well their investment fund has made an agreement. Shaking hands with a crypto entity...Coinfund who is a crypto investment group. This was announced to the world all the way back in April hitting main crypto media sites, and they were looking for corporations LONG Term!

And what’s SUS suspicious to me...is both the Rockefellers and Rothschilds started making their moves around the same time! Going back to the Cointelgraph Rothschild’s Bitcoin article…”Rothschild Investment Corp has increased its Bitcoin exposure by 300% since April” Since April is the key….as we look back at the date of the partnership with the Venrock and Coinfund April 8th… And we can get a clearer date of the Rothschild’s through their initial Ethereum buy...from this Yahoo article... a 4.75 million dollar initial buy...April 15th. Within a week of each other!? Is that just a coinkydinky? Or do these families actually coordinate together...I’m leaning with the latter…

Timestamp 6

Well regarding the Rockefellers VenRock, yesterday some big news was announced!!

Business wire dropped the article “CoinFund Debuts New $83 Million Fund to Back Cutting-Edge Entrants Across the Blockchain Industry”. From the article it says “The raise was backed by Venrock partners as well as a number of forward-thinking institutional allocators and leading crypto founders who support CoinFund’s technical approach and commercial vision.” Venrock is behind this new FUND which is going deep into the crypto industry! So having this type of money is not a bad thing for the crypto projects that get it...even though these families are considered evil by many! So let’s just dive in and find what projects could be getting a slice of that pie!

Timestamp 7:

Well back in April, when they announced their strategic partnership with Coinfund, Venrock

put out their own blog titled “The Crypto Mission” and actually it’s not a bad post. Venrock understands crypto better than I thought, and I think see’s the power of decentralization. Even quoting Vitalik Buterin… But at the bottom of this they end with “At Venrock we are enlivened by the possibilities here.

We are proud investors in the PROPS Project (decentralized network of video applications) and have formed a strategic relationship with CoinFund (an advisory-focused cryptofund).

We remain focused on decentralized protocols, services and apps and foresee a future internet with fewer gatekeepers, where users have more control, and where users participate more fairly in both the governance of these networks and the economic value creation that ensues” Well there we go. One of Venrock’s altcoins. Props!

Which is sitting wayyy back on Coingecko, rank #848 and an under 10 million dollar marketcap! And going to the Props website...it is being integrated with top consumer apps, running many transactions, and having many users! It’s a crypto that is being used... But let’s just go back to Venrock’s blog. It says at the very bottom “The Crypto Mission was originally published in pakman.com on

Medium, where people are continuing the conversation by highlighting and responding to this story”...well let’s just click into that hyperlink pakman.com…

Timestamp 8:

As we can see this website is posts from David Pakman, tech venture investor at Pakman! He is one of their BIG dog lead investors. His pinned post? “Investing in Rarible”....which was also posted on the Venrock website...and as we can see it was only posted last month!! Under the radar this news went… Within the post too, these guys are no jokers.

David understands crypto better than I even thought! He said “Back in 2018, we speculated that NFTs (non-fungible tokens) would be the product category to take crypto mainstream. So far, we aren’t right, but are likely on our way to being correct”

And then he shows a crypto waves chart...first it was just crypto tokens, then defi tokens, then NFTs...where we kind of are right now. But the next wave is NFTs combined with DeFi...and 

Timestamp 9

if you have been watching my channel for any lick of time. I have been saying projects who are working on this next wave are going to the next BIG ones! Including Rari as Rarible Project it’s a marketplace, that can not only hold crypto art NFTs, but these DeFi’d NFTs too! So Rarible, even with it’s surge yesterday...is undervalued compared with some of the other CRAP ranked higher than it. Rank #440 and just a 40 million dollar market cap! So IDK, I’ve been super bullish on Rari for some time, and I’ve been saying DeFi’d

NFTs are the next crypto wave. Do me an Venrock just think alike...like really similar? Or David do you watch my content!? Soooo if he does let’s just finish this episode off with the altcoins!

Timestamp 10:

Those DeFi’d altcoins, the next crypto wave besides Rari. I talked about this one yesterday! Focused on MEV yesterday, but DeFi’d NFTs, is what its crucible is all about. That is Alchemist Coin...and the update to their Crucible NFT, universal vault is now pushed to production with Ampleforth!! It’s live as of yesterday.

This is exactly what David was talking about as the next wave...David and Venrock may be there in the wave chart, but alchemist is already ahead in the waves to NFT DeFi...

Timestamp 11:

So, I’m not going to go much deeper into alchemist, I don’t want to beat a dead horse...but bring up another project, unreleased. No token...yet! That is...Revest Finance...where the website says “it’s not about the art” and they are a trustless way of transferring locked value! And within their onepager it says “Revest Finance proposes the Revest Protocol and its core instrument, the Financial NonFungible Token (FNFT)”

Yup the Financial NFT, FNFT...and in the abstract they explain what these do.” Revest Finance proposes a new protocol for the packaging, transfer, and storage of fungible ERC-20 tokens as non-fungible tokenized financial instruments, leveraging the ERC-1155 NonFungible Token standard for ease of access and universality of commerce.

Using this product, ownership of underlying assets may be traded in ways that do not affect the value of the underlying asset, leading to a new meta-layer of commerce”...back to their website...Check out who is a part of the team!! Foobar!! (person NFT Master)

Who is connected to the Gamestop NFT team Although Mr. Foo has said “Gamestop is not associated with Revest”...but having these two projects in each of Foo’s hand, doesn’t mean they won’t be associated soon!

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Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy. This page may contain sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.

AMAZON TO INTEGRATE CRYPTO?! EllioTrades Crypto

Amazon.com About to Integrate Crypto!? EllioTrades Crypto

Welcome to Watch Crypto! In this video, EllioTrades Crypto talks about Amazon and how they are searching for crypto experts to implement crypto tech into the AWS platform. This could be one of the most bullish use cases we have seen in crypto to date. There's also several experts predicting a short squeeze to $40k. Does this mean the bulls may be back? For now I'm still on wait and see!

You can subscribe to EllioTrades Crypto here if you have not already!

Video Summary

Name of organizations/companies mentioned in the blockchain news video:

  • Amazon
  • Edge wealth management - Grey scale Bitcoin trust buy

Digital assets mentioned in the crypto video

  • Bitcoin BTC
  • Polkaswap PSWAP
  • Ethereum ETH
  • Polkadot DOT
  • Karura KAR
  • Kusama KSM

Various blockchain and crypto services mentioned in the video:

  • AWS - Amazon web services (about to do something significant)
  • InsurAce - crypto related insurance company
  • Bridge Mutual - low cap insurance project
  • Nexus Mutual - no coverage available (annoying)
  • Astro Frens NFT art - Tokyo 2021

Other important terms mentioned in this cryptocurrency video:

  • Paypal
  • Facebook coin
  • FOMO
  • Bullish because Elon Musk and the B Word conference
  • DYOR
  • Short squeeze to send BTC up to 40k - Willy Woo
  • 31k hold could be a bottom signal for BTC
  • Filmed on GoPro
  • Leverage ratio

Be sure to follow @elliotrades on Twitter


Timestamp Details for this Crypto Video:

0:00 AMAZON CRYPTO??
2:30 Being bearish SUCKS
3:30 Institutions buying the dip
3:49 BTC Short Squeeze
5:00 ETH Higher Low is BULLISH
6:00 Olympics NFT Giveaway
8:50 Final thoughts

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Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy. This page may contain sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.

Wien Energie, Riddle & Code and Energy Web Chain – Chico Crypto

Wien Energie, Riddle & Code and Energy Web Chain - Chico Crypto

Welcome to Watch Crypto! In this video, Chico Crypto talks about Wien Energie, Riddle & Code and Energy Web Chain. Check out the video above and follow Chico Crypto for more great crypto content!

You can subscribe to Chico Crypto here if you have not already!

Video Summary

Name of organizations/companies mentioned in the blockchain news video:

  • Riddle & Code
  • Wien Energie
  • Energy Web Chain (EWT)
  • Mypower 
  • Wiener Stadtwerke
  • Sekuritance (in sponsored segment) 
  • Trustswap
  • Goldman Sachs Group Inc
  • Dena (Agency in Germany)
  • Parity Technologies (The Company Behind Polkadot And Substrate)
  • Botlabs (The Company Behind The Kilt Protocol)
  • 50hertz 

Digital assets mentioned in the crypto video

  • Bitcoin
  • HyperLedger Fabric 
  • Ethereum
  • SKRT Digital Utility Token
  • Ebswien Hauptklaeranlage Vienna TA1
  • Shatcoins and more Altcoins

Various blockchain and crypto services mentioned in the video:

  • Sekur.Vault
  • Sekur.MFA multi factor authentication
  • Sekur.Alert
  • Sekur.Transact
  • Sekur.Trace
  • Sekur.Certify

These are Regulatory Technologies of  Sekuritance company.

Other important terms mentioned in this cryptocurrency video:

  • Enterprise Ethereum Alliance (EEA)
  • The Energy Web Chain

Be sure to follow @LeaksBlockchain as Chico Crypto is a contributor


Timestamp Details for this Crypto Video:

Timestamp 1:

Introduction

Blockchain and Crypto technology will change everything. 

Timestamp 2:

Chico Crypto introduced that there are more than 10 thousand cryptocurrencies and finding a gamer changer is a difficult task in majority shatcoins. 

First step: Never to miss the episode of Chico Crypto which shall be part of DYOR (Do Your Own Research). However, the host Tyler suggests that DMOR (Doing My Own Research) is going in rabbit holes to uncover things which others do not see. 

Timestamp 3: 

Chico introduces COMPANY: RIDDLE & CODE 

He further detailed that the company is tokenless. He went to the company website and read its intro as “Our platform manages the trusted connection between the physical and digital world. It is the basis for the industrial TOKEN economy.

Chico Crypto takes out an important point that RIDDLE & CODE is talking about TOKEN.

Chico has an opinion that ALTCOIN is the most undervalued in crypto ranking at 174 or even less which even lead to big things happening to BITCOIN. 

Timestamp 4:

Coindesk posted article last month that “Austrian Blockchain Company Builds Platform to Tokenize Solar Energy

It says that RIDDLE & CODE ENERGY SOLUTIONS teamed up with Austrian energy provider Wien Energie to build MyPower.

MyPower tokenizes solar-panel assets, allowing customers to purchase shares in Austria's solar-energy-industry.

In the start, small customers will buy shares in the form of TOKEN based on energy produced by the plant. Token can be used to pay Electricity Bill.

Wien Energie is a part of Wiener Stadtwerke that is Austria’s largest energy supplier. 

Wiener Stadtwerke is owned by the city of VIENNA. 

RIDDLE & CODE has partnerships with Austria and their largest city Vienna.

Timestamp 5:

Sponsored segment from Sekuritance and their website says that Regtech is the new fintech. They are CeFi and DeFi RegTech ecosystem delivering top compliance, regulatory, transaction monitoring, etc.

Regtech means Regulatory Technologies. 

If money is to flow freely such as from HyperLedger Fabric to public chains like Ethereum. So Regulatory compliance is needed so here Sekuritance comes in. It is possible through SKRT DIGITAL UTILITY TOKEN. Services offer such as Payment Card Industry (PCI) vault. 

The service is possible through six core products:

Sekur.Vault

Sekur.MFA multi factor authentication

Sekur.Alert

Sekur.Transact

Sekur.Trace

Sekur.Certify

They have a team developer for projects available 24/7.

TRUSTSWAP was one of the first partners to use their services  who since have helped in 7 other projects with token launches and onboarding. 

$SKRT token is ERC-20. 

Enterprise Ethereum Alliance (EEA) is one of the most prestigious ethereum based organizations!

Timestamp 6: 

Back to Wien Energie and their partners

Tom Fuerstner twit was discussed.

 Tom Fuerstner is CTO of Riddle & Code

Timestamp 7:

He discussed about Green Bond Industry with $1 trillion mark from twit of Tom Fuerstner and

Bloomberg posted this article “Wall Street’s ESG Gold Rush Has Conjured a ‘Green Bitcoin.

Goldman Sachs Group Inc also are looking into prospects of developing green equity. 

Timestamp 8:

Jesse Morris, CEO of the Energy Web Chain who said that exact estimates are difficult about Green Bond.

Timestamp 9

Germany’s federal agency DENA selected EWT to build a prototype for their Energy Markets.

The BMIL project partners include Parity Technologies (the company behind Polkadot and Substrate), BOTLabs (the company behind the KILT Protocol), Riddle & Code, and 50Hertz.

The first project is done by these partners in partnership with Austria’s leading utility provider, Wien Energie, and focuses on P2P energy trading within local energy communities.”

Within the Energy Web explorer we can find a token created ebswien Hauptklaeranlage Vienna TA1. Vienna first wastewater  is going green that is a large Vienna city project Which is being tokenized through the energy web chain.

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CryptosRus Deep Dives into Graphlinq Protocol | Is GLQ the Zapier of Blockchain?

CryptosRus Deep Dives into Graphlinq Protocol | Is GLQ the Zapier of Blockchain?

Welcome to Watch Crypto! In this video, CryptosRus talks about Graphlinq (GLQ) and the current price action of Bitcoin (BTC)

logo for graphlinq

GraphLinq (GLQ token) is a set of tools including an IDE & an engine that runs simultaneously with multiple blockchains. Included is a centralized data stream to offer a service of automatization without requiring knowledge of coding or coding skills.

Graphlinq has a goal to have the entire crypto/defi ecosystem directly available on their protocol. By doing so, anyone can make a custom graph for whatever they please.

In the most recent update for Graphlinqq Protocol, there were a number of CEX added such as Bittrex, Kraken, Bitfinex, Huobi, and Coinex. This adds to the already available CEX's in the protocol being Binance and Kucoin.

Recent News Related to Graphlinq:

Follow Graphlinq here:

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Bitcoin Breakout? | MicroStrategy Acquires $1B More BTC

Bitcoin Breakout? | MicroStrategy Acquires $1B More BTC by DataDash

Welcome to Watch Crypto! In this video, DataDash talks Bitcoin and MicroStrategy.

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Max Keiser Reveals Bitcoin Price Forecast for 2021

Max Keiser Reveals Bitcoin Price Forecast for 2021 Video

Welcome to this exclusive interview, Max Keiser, host of the Keiser Report and one of the most influential people in the crypto space reveals his coveted and highly anticipated forecast for bitcoin on Stansberry Research.

In 2018, Keiser forecasted that bitcoin would end 2020 around $28,000 a coin – the crypto ended up closing the year at $29,000 a coin, making Keiser’s prediction the most accurate compared to other crypto experts.

Speaking with Daniela Cambone as part of the Outlook 2021 series, Keiser also shares his forecasts for gold and silver. During the interview, Keiser is asked about bitcoin being the ultimate bubble waiting to burst, about those that call it a Ponzi scheme, and whether tether is manipulating the price of bitcoin higher.

Don't miss any of Daniela's other interviews with Max:

1 - https://youtu.be/-9L4yLPBqDI

2 - https://youtu.be/bVgr-HwUr0U

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Bitcoin Video | Documentary “Inside The Crypto-Kingdom Episode 3”

Bitcoin Video | Documentary "Inside The Crypto-Kingdom Episode 3"

Check out this blockchain series 'Inside the crypto kingdom episode 3'. This video talks about what blockhains are in a simple way, the episode follows Vitalik Buterin on his journey to Vietnam and then to China where he shares his vision with Ethereum.

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Cryptocurrency Saga – Is Bitcoin a Scam, or Is It the New Frontier?

Cryptocurrency Saga – Is Bitcoin a Scam, or Is It the New Frontier?

Is Bitcoin a scam? Is it a one-hit-wonder? According to Jamie Dimon of JPMorgan Chase and Co, Bitcoin is a scam. Jamie Dimon thinks that Bitcoin will not survive moving into the future for several reasons. However, from what we’ve seen so far, Bitcoin has proven to the world that it’s the new frontier to transparent financial transactions on so many different levels. It has created a great window of opportunity where people can carry out their financial dealings without the fear of anyone or anything monitoring their every move.

Can Governments Restrict the Use of Cryptocurrencies?

Bitcoin is well on its way to overthrow centralized banking, according to numerous cryptocurrency influencers, and that is something most governments do not want to deal with. That could force them into taking drastic measures in a bid to make local currencies maintain relevance. 

For now, the governmental laws imposed on the use of cryptocurrencies are fictional. Even in the nearest future, the possibility of it happening is almost zero because there are too many independent governments, and taking a unilateral decision is virtually impossible. Furthermore, so many countries stand a better chance of growing and developing further by riding on the cryptocurrency wave. Even third world countries can develop at an unimaginable scale since there will be a significant reduction in the inflation rate.

However, the systemic increase in the value of Bitcoin might force them to take specific actions. No government will tolerate any non-controlled currency. Unless they are willing to ignore its expansion, which is likely impossible, most governments will try to limit/erase the use. At a certain stage, governments will probably try to either tax cryptocurrency owners or completely ban them. Hypothetically speaking, if any government should impose a ban on the use of cryptocurrencies, the resulting impact will be massive, to say the least. Every cryptocurrency owner will immediately look to convert their entire stock to something legal.

Furthermore, companies that deal solely on cryptocurrencies will eventually crash, except they can switch to the legal tender. Nonetheless, governments can undoubtedly profit from Bitcoin technology. The technology ensures transparency and accountability in all transactions, which is something non-corrupt governments should seek.

Presently, only a few places allow cryptocurrency transactions. Most big companies remain ignorant of the benefits of transacting in Bitcoin. Cryptocurrencies are not self-reliant either; they are not able to exist as an independent entity. Let us say you are buying a $10 coffee table and paying in BTC. The amount of BTC you pay is simply the USD equivalent. We have not reached the stage where products and services are assigned cryptocurrency price tags.

Realistically, governments would not want to ban cryptocurrencies completely due to the backlash that they will receive. They will try to control it by imposing taxes on owners. That way, it can flourish as much as possible, but the government still has a hand in it.

The New Frontier

As of today, SegWit controls 5% of all Bitcoin transactions. Although this does not look like much, it is an outstanding amount considering how conservative Bitcoin core developers are. Subsequent core client updates will allow more people to switch to SegWit, meaning we might see an additional 5% increase. Furthermore, it is important to incorporate 2-factor authentication in all your exchange accounts. This is to prevent unauthorized access and someone taking away all your money. 

Ultimately, we should be looking at whether Bitcoin and several other cryptocurrencies will survive the onslaught of governmental laws and policies. Bitcoin has to endure to pave the way for others: A task befitting the first frontier of decentralized finance.

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How Long Does Each Bitcoin Take To Mine

How Long Does Each Bitcoin Take To Mine

The highest valued cryptocurrency, Bitcoin, is expected to rise even further in value as time goes on. The simplest means of acquiring Bitcoin is to purchase it. However, over the years, Bitcoin mining has gained quite some focus.

So, how long does it take to mine 1 Bitcoin? It takes approximately 10 minutes, but that is dependent on a number of conditions. Read on to find out what they are.

What is Bitcoin Mining?

Bitcoin mining refers to the processes involved in the attempt to gain Bitcoin as a reward for validating transactions. By computing complicated math puzzles, computers (known in this context as network nodes) compete to add confirmed transactions to the blockchain. The node that wins is rewarded with a new block of Bitcoin. 

Mining involves a lot of computing and electric power, which makes it quite expensive to achieve. There is also a limit to mining as only 21 million Bitcoins are available in supply, the last of which is predicted to be mined by the year 2140. 

Bitcoin mining reward allocations are set to reduce by half every four years. This trend, known as Bitcoin halving, happens in spaces of 210.000 blocks. It was last observed, for the third time thus far, in May 2020, leaving the present reward rate at 6.25 Bitcoins for every block mined.

What Affects the Time Taken to Mine Each Bitcoin?

It takes about 10 minutes to mine 1 Bitcoin. However, one would have to consider the:

  • type of mining hardware
  • hash rate
  • method of mining
  • difficulty of mining

Type of Mining Hardware

It takes special computer hardware to handle the SHA-256 algorithm required for Bitcoin mining. Miners use GPUs (graphics processing units), FPGAs (field-programmable gate arrays), and ASICs (application-specific integrated circuits) to mine Bitcoin. The electric power that these machines consume is an additional cost.

Hash Rate

The amount of power that a network requires to find and validate transaction blocks is known as its hash rate. This indicates the number of operations (or hashes) that a blockchain network can perform per second. Naturally, where there are more network nodes to compete for the block, the network stands a better chance, and the hash rate is higher. 

Method of Mining

Based on the resources available, a miner may choose to do solo mining, which entails taking on the responsibility alone for the maximum reward or to join a mining pool. Mining pools allow people a better chance to benefit from Bitcoin mining by sharing the computing and electric power expenses as well as the rewards.

As an aspiring miner looking to join a pool, you must consider the fees, hash rate, and reputation of the pool. Some common Bitcoin mining pools include F2Pool, Poolin, and Slush Pool.

Difficulty of Mining

Mining difficulty is a metric indicating how difficult it is to hit the right operation or hash to win a Bitcoin block. It indicates how hard a node has to work to win the reward. This metric is constantly fluctuating, making it tough to ascertain the precise time mining will take.

With Bitcoin, the network is set to adjust mining difficulty after every 2016 blocks mined to keep the time required to mine a new Bitcoin block at roughly 10 minutes. If it gets too easy to mine blocks, the network makes it more difficult, and vice versa.

Conclusion

Although the average is 10 minutes, the conditions surrounding Bitcoin mining are never stable, and so it is not easy to tell precisely how long it should take to mine 1 Bitcoin. Understanding how mining works makes it a bit clearer to see why this is so.

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Bitcoin Video | Documentary “Inside The Crypto-Kingdom Episode 4”

Bitcoin Video | Documentary "Inside The Crypto-Kingdom Episode 4"

Are we living in a world that will soon become a thing of the past? Are technologies advancing so fast that our world we live in today will soon become unrecognizable?

Advancements in space flight, virtual reality, AI, clean energy, and blockchain are bringing a futuristic multi planet species with advanced connectivity and personal ownership closer and closer.

Digital currencies (aka cryptocurrenices) will be used to transfer value. Value will come in many forms, through ama's and free trade there will be 10's of 1000's of digital currencies with vast use cases and meanings.

Check out the video above which dives into Bitcoin and the cryptocurrency world.

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How long does it take to mine 1 Bitcoin?

How long does it take to mine 1 Bitcoin?

The simple answer is that it currently takes about 10 minutes to mine a new Bitcoin. However, mining is a complex process, of which several factors need to be considered.

Bitcoin’s value and demand are projected to rise in the coming years. Buying Bitcoin is the easiest way to obtain the digital currency, but there are other ways to receive it. Mining Bitcoin is a viable option. This article explains how long it takes to mine 1 Bitcoin. 

Mining Explained

Mining Bitcoin involves transaction validation. Nodes (computers) compete to generate new blocks of valid transactions and include them in the Bitcoin blockchain. These nodes are rewarded for their computing power. 

Whenever a Bitcoin crypto transaction is performed, network nodes make sure that it is authentic and then update all information required about the transaction to the blockchain. Nodes compete by solving complex math puzzles. The winning node earns a reward, paid in BTC the native cryptocurrency to the Bitcoin blockchain. 

This process requires a great deal of computing power, making mining an expensive and calculated activity. As compensation for the costs, the network gives the reward for validated transactions.

Bitcoin mining is a finite process as there are only 21 million coins in the total supply. The last of these is projected to be mined about 120 years from now. With the decreasing supply, the number of Bitcoins allocated as rewards reduces every four years, known as the Bitcoin halving. This phenomenon has taken place three times so far, and occurs every 210.000 blocks, reducing the block reward by half. The last halving, which occurred in May this year, left the current rate sitting at 6.25 Bitcoins per block. 

Factors Affecting the Time It Takes to Mine 1 Bitcoin

As earlier mentioned, with Bitcoin’s supply algorithm, the average time required to mine one Bitcoin is approximately 10 minutes. The time needed to create a single new block remains constant, but some other crucial factors that affect the profitability of mining Bitcoin include:

  • mining hardware used
  • hash rate
  • mining method 
  • mining difficulty

Mining Hardware Used

The Bitcoin mining landscape is much different than it was at the start in 2009 when miners could use their PCs to generate new blocks. Bitcoin now uses the SHA-256 mining algorithm, which most computers cannot handle. It takes extremely powerful and efficient hardware to run millions of calculations within a short time. 

Graphics Processing Units (GPUs), Application-specific integrated circuits (ASICs), and Field Programmable Gate Arrays (FPGAs) are the current most broadly used hardware for Bitcoin mining. There is also the issue of electric power consumption, the more powerful the computer is, which is an added expense.

Hash Rate

Hash rate is the measure of how much power the network requires for finding and validation blocks of transactions. This metric expresses the ability of a blockchain network to make computations, calculated by the number of operations done every second (hashes per second).

Hash rate increases with more nodes available to compete to solve a block. So, a network with a higher hash rate simply has a better chance (more nodes competing) to confirm the new block.

Mining Method 

Solo mining to earn a full personal reward is expensive and tedious, as discussed above. Mining pools are the best option for those who can’t afford the huge costs of Bitcoin mining hardware. They allow people to pool resources to achieve a higher hash rate, which means more blocks mined. 

Bitcoin pools share resources to cover the costs of computing and electric power and puts them in the running against big-time mining companies. It also betters the chances of winning the block for a shared reward.

Mining Difficulty

Mining difficulty is an indicator of how hard it is to get the right hash (operation) for each block of Bitcoin. It shows the amount of work a node must put in to be rewarded. 

Mining difficulty is an ever-changing value, so it is challenging to approximate the exact potential mining time. That’s because the bitcoin network is designed to alter difficulty every 2016th block to make sure that the process occurs every 10 minutes.

When it becomes too easy to mine new blocks, the network increases the difficulty, making it harder. The reverse is the case when mining becomes too hard, which may happen if the price of Bitcoin falls, and too many miners quit mining.

Conclusion

Due to the ever-changing factors involved in mining, such as competition and computing power, it is difficult to state the exact time it takes to mine a Bitcoin. The average is 10 minutes; however, it may take a miner more or less time depending on their mining power.

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Ivan on Tech Stack Sats Webinar Review | Should You Attend

Ivan on Tech Stack Sats Webinar Review | Should You Attend

Are you interested in or already into Bitcoin trading and looking to accumulate more coin by buying, earning, or mining? 

Sign up here

What if you found out that there’s a proven method to stacking massive sats (or “satoshis,” the smallest unit of Bitcoin), and you can learn it without having any prior experience or expertise? In fact, this webinar aims to teach you just that. These are sure secrets coming first-hand from an expert.

The beauty of sat stacking is that you don’t have to break the bank to achieve a stack that makes you smile in your sleep. Ivan “On Tech” Liljeqvist will teach you how you can cut unnecessary expenses and build up your Bitcoin stack over time until it grows beyond your wildest dreams. 

Stack sats in your sleep!

The success of effective sat stacking lies in its consistency. By regularly and steadily accumulating small amounts of coin, you can grow a massive Bitcoin asset. 

When you consider the figures (1 Bitcoin = one hundred million satoshis), it may seem like a long haul. But with these proven techniques, you’ll find that your goals are not at all far from reach. In fact, for some reason, it’s better to look at it the other way around: 1 satoshi = 0.000000001 Bitcoin. There! By stacking enough sats per day, you’ll have a substantial stash before you know it. All it takes is a first step. And your first step is right before you. Attend the Stack Sats Webinar and gain insights to change your life.

This webinar will teach you the secrets to success with any cryptocurrency of your choice. Learn how to:

  • Generate a steady income: A lot of people have lost a lot of funds while “investing” in cryptocurrencies without sufficient knowledge of how things work. Learn how to beat mistakes and optimize your returns on any crypto investment.
  • Make the most out of any market: Action time! While many wait around dreaming of opportunities, step up, and make it happen. Learn to build wealth regardless of the conditions of the market at any point in time.
  • Create a rewarding blockchain career without being a developer: Yes, you can develop a career in blockchain without being a developer. 

Cryptocurrencies have revolutionized the global financial landscape forever, and those with foresight are always a step ahead. Here is an opportunity to put yourself ahead. And it’s completely free! What are you waiting for?

The catch

The webinar is completely free, no strings attached, and an expert, Ivan “On Tech” Liljeqvist, will teach it. The only catch would be that there are only 300 slots available. So hurry and sign up now to reserve your attendance. 

Bonus point!

Sign up as an affiliate of the Ivan On Tech Academy and get your leads into the webinar Stack Sats Webinar and get a commission for those that convert. Also check out other insightful webinars and courses by Ivan “On Tech” Liljeqvist, including blockchain programmer courses and Ethereum developer courses, and raise your commissions!

Sign up for the webinar here

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Interplanetary Transfer of Value System | Bitcoin In Space and on Mars

Interplanetary Transfer of Value System | Bitcoin In Space and on Mars

Welcome to this blockchain news video by Ivan Liljeqvist. In this video, you will learn about the interplanetary transfer of value system as Ivan discusses Bitcoin in space and on Mars.

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Pomp Podcast #256 | Billionaire Chamath Palihapitiya on How To Invest in This Crisis

Pomp Podcast #256 | Billionaire Chamath Palihapitiya on How To Invest in This Crisis

Welcome to this crypto and blockchain video posted by Anthony Pompliano. In this video you witness the interview between billionaire Chamath Palihapitiya and Anthony Pompliano.

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WAKE UP! 80 Trillion Dollar Bitcoin Exit Plan | Mineable

WAKE UP! 80 Trillion Dollar Bitcoin Exit Plan | Mineable

Welcome to this cryptocurrency video posted by Mineable. In this video you learn about the 2008 financial crisis, the covid-19 pandemic of 2020, and Bitcoin as an emerging asset class.

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Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy. This page may contain sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.

Chainlink Swift Oracle, Coinbase, USDC, and Ethereum | Chico Crypto

Chainlink Swift Oracle, Coinbase, USDC, and Ethereum | Chico Crypto

Welcome to this cryptocurrency video posted by Chico Crypto. In this video Tyler talks about the upcoming digital US dollar and what the breadcrumbs are spelling out to us.

Ethereum, Chainlink, Coinbase, Swift oracle, the US Government and US Citizens. This is the line up of speculated components that will create and circulate a US digital dollar using blockchain technology.

Ethereum - is an enterprise blockchain platform. The Ethereum world computer allows for secure and distributed smart contracts to be executed.

Chainlink - is an oracle service that helps to connect data in the real world with blockchains such as Ethereum. Chainlink acts as a bridge to help make data more secure and accessible using distributed ledger technology.

Swift - is a payment messaging platform. Swift has been around since 1973 where it was founded in Brussels, Germany. Swift payments are what has to date been what takes money transfers 3-5 days to process. The old programming used by Swift is slow and outdated. Swift is in the process of updating its system to be interoperable with blockchains. By using blockchains transactions can be done in real-time for a fraction of the cost.

What does this mean for Bitcoin?

Bitcoin is the first widely used cryptocurrency. Bitcoin is used as a store of value. It is the longest-running mainstream blockchain with over a decade of successful operations. A digital US dollar will introduce many people to the capabilities of blockchain technology and will help to validify the use of cryptocurrencies.

This could be good for Bitcoin.

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Simple to Understand Blockchain and Cryptocurrency Guide
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy. This page may contain sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.

Best Way to Buy and Sell Bitcoin in Canada | Lowest Fees

Best Way to Buy and Sell Bitcoin in Canada | Lowest Fees

Welcome to this blockchain and cryptocurrency video posted by BTC Sessions. In this video and article, you will learn how to buy and sell Bitcoin using the platform Bylls.com and BullBitcoin.com. These two sites are essentially the same site and just interlink between one another depending on if you are buying or selling.

Best site to buy and sell Bitcoin

Bylls.com and BullBitcoin.com are the goto sources that I use to buy Bitcoin with my Canadian dollars and to sell my Bitcoin when I need to exchange it for Canadian dollars.

The reason I like using this platform is that the fees are lower than buying Bitcoin using other platforms such as Binance, Coinsquare, Coindesk, Changelly etc. The fees for these platforms will cost you more money. If you are only putting a little bit of FIAT ($CAD) money into Bitcoin or other cryptocurrencies each month the fees can really add up. You don't want to lose 10% of your investment towards fees right off the get-go... That is no way to start investing.

BullBitcoin.com shows you the rate of which they buy and sell bitcoin and give you very transparent information. You know exactly how much $CAD buying power you will have in your account to transfer into BTC before confirming your transaction.

The first step is to sign up for an account. Go to Bylls.com and create an account. You will need to provide a phone number, your name, and connect a bank account.

Once you have done this you can send money directly from your bank account to your bylls.com account. By sending money to your Bylls.com / BullBitcoin.com account you are creating a voucher that is redeemable for Bitcoin.

Methods you can use to fund your account

  • E-transfer - this is the fastest option and there is no fee for sending money this way, at least not on Bylls.com / BullBitcoin.com's side. This is the method I have used in the past a number of times.
  • Direct debit - this is also a good way but is a bit slower. There is no fee for sending money this way, at least not on Bylls.com / BullBitcoin.com's side.
  • Wire transfer - slower and your bank charges you fees
  • Desjardins transfer - I'm not familiar with this method
  • Deposit L-CAD - I'm not familiar with this method

See the image below as an example. You can see that the amount you are sending is the amount that will receive. The way that Bylls.com / BullBitcoin.com make their cut is by selling the actual Bitcoin for a slightly higher price than the current market price. However even though they do this the % increase is still better than the fees that you would be charged when buying through an exchange or when using a credit card.

Buy and Sell Bitcoin in Canada Lowest Fees

Once your funds are available in your account you can either wait or convert your $cad voucher into BTC rightaway once its available. You will simply copy and paste your BTC wallet 'public address' into the destination address. Your BTC will then be sent to your wallet. I personally send my BTC directly into my Ledger Hardware Wallet since this is the most secure way to store cryptocurrency. Or if I am wanting to purchase other cryptocurrencies with my BTC I'll send it to an exchange such as Binance. I will use the exchange to buy cryptocurrencies such as Ethereum, Chainlink, Kyber Network, Tezos, etc. Once I buy make the trade I will then send the new digital asset to my Ledger Hardware Wallet.

Here is an example of the cost for buying BTC with Bylls.com / BullBitcoin.com

Coinmarketcap price for BTC right now at time of writing this = 7168 US = 10063 CAD

Bylls.com / BullBitcoin.com sells BTC at a rate as of this moment at = 10316 CAD

1-(10063/10316)*100=2.45%

If I were to send $1000 CAD into BTC I would have a fee of $24.50 which is not to bad.

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Simple to Understand Blockchain and Cryptocurrency Guide
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy. This page may contain sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.

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