Nigerian Pop Artist Shills Meme Coin and Price Briefly Doubles — Followers Question Artist’s Motives

The Nigerian pop artist and celebrity, Davido, recently posted several tweets endorsing ‘rapdoge,’ the so-called “first deflationary meme token fully supported by celebrities & rappers.” In one of the tweets, Davido tells his 9.5 million followers to “buy $20, $100 or $1000 worth of rap doge tokens and be ready to make some money.” Pump and Dump In a subsequent tweet, Davido, who has previously said he was thinking about starting a bitcoin trading company, asks: “Who listened to me about RapDoge?” Following the artist’s shilling of the coin on…

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Uniswap (UNI) to Be Allocated 49.95% of Grayscale’s New DeFi Fund

Grayscale Investments is has launched a new DeFi fund The DeFi fund will provide investors with weighted exposure to the top 10 DeFi tokens according to market cap They include Uniswap (UNI), Aave (AAVE), Compound (COMP), Curve (CRV), MakerDAO (MKR), SushiSwap (SUSHI), Synthetix (SNX), Yearn Finance (YFI), UMA Protocol (UMA) and Bancor (BNT) Uniswap will be allocated the lions share of the fund at 49.95% Grayscale Investments has launched a new DeFi fund in collaboration with CoinDesk Indexes. The latter is a subsidiary of CoinDesk Inc. and together with Grayscale,…

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Bitcoin’s Address Growth Plateaus as BTC loses $30k Support

The growth of Bitcoin addresses has hit a plateau phase Bitcoin’s daily active addresses have also dropped from April’s peak of 1.366 million There are currently 845k daily active Bitcoin addresses, a drop by 38% from the aforementioned peak Bitcoin has lost the crucial $30k support to post a local low of $29,278 A loss of the $28k support will open the door to more losses to $23k or even $24k The growth of addresses on the Bitcoin network has plateaued. This milestone was identified by Bitcoin and Crypto analyst,…

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MTI Investors Urged to Ignore Fake Bitcoin Recovery Offers

Beleaguered Mirror Trading International (MTI) investors have been told to ignore unsolicited offers from individuals claiming to have the ability to trace and recover their missing bitcoins. This warning from the court-appointed liquidators was made after reports emerged that several MTI investors had received such bogus offers from individuals claiming to be agents for cryptocurrency organizations. Fake Agents According to a report, these so-called agents have been asking MTI investors that may be interested in their services to pay them in bitcoins. However, in his warning to investors, MTI joint…

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Investment Advisor Says Bitcoin Is ‘Very Dangerous to Hold Today’ Citing Warnings by Regulators

Investment advisor and former Prudent Bear Fund manager David Tice has warned about investing in bitcoin. Citing “negative statements” by central bankers and regulators, such as the Bank of England, he said that it is “very dangerous to hold” bitcoin today. Investment Advisor David Tice Warns It’s Dangerous to Invest in Bitcoin David Tice, who sold his bear fund as the 2008 financial crisis was unfolding, talked about the stock market and bitcoin in an interview with CNBC Friday. A former Prudent Bear Fund manager, Tice is known for making…

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Bitcoin ring is heading to Dubai

A set of Diamond Hands ring collection with engravement of Bitcoin creator, Satoshi Nakamoto DESIRED’s new edition, the Diamond Hands collection, is a pacesetter in physical asset tokenization. Created by Roman Burch and Yevgeniy Sarayev, Diamond Hands is dedicated to the crypto world. Burch was inspired by the history of Bitcoin, and its added value to the world economy. He adopted Bitcoin history and impact as a concept for Diamond Hands, and translated into a physical item, an IBWT (In Bitcoin We Trust) Ring. Diamond Hands features 100 Bitcoin-inspired rings…

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Bitcoin Could Bottom at around $14k to $15k – BTC Analyst

Bitcoin could bottom at around $14k to $15k Bitcoin also has a probability of bottoming at the 50-week moving average The 50-week MA is providing support at current levels around $31k Whichever scenario plays out, beginning to accumulate Bitcoin is not a bad idea $31k is the Bitcoin level to watch during the weekly close Bitcoin could bottom out at around $14k to $15k. This is according to an analysis shared by veteran Bitcoin analyst, MagicPoopCannon, in which he stated the following. I know I haven’t said much lately, but…

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Coinbase CEO Rebuffs Dogecoin Co-Founder Statements: ‘Crypto Is an Alternative for People Who Want More Freedom’

Brian Armstrong, CEO of Coinbase, took to Twitter to tell his thoughts about the statements that Jackson Palmer, co-founder of Dogecoin, expressed last week. While Palmer now has a negative vision of the cryptocurrency industry, Armstrong is in the opposite field. To Armstrong, the cryptocurrency industry has its problems, but it still provides an alternative for people who want more economic freedom. Coinbase CEO Faces Dogecoin Founder for His Views on Cryptocurrency Capitalistic, right-wing, centralized… these were some of the traits that the Dogecoin co-founder Jackson Palmer attributed to the…

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Bitcoin (BTC) Dips to $32.2k as US Consumer Index Increases By 5.4%

The US Consumer Index has risen by 5.4% in June from a year ago This increment is the highest annual rate increment since August 2008 The US consumer is paying more for goods and services as inflation bites News of the increased Consumer Index has caused Bitcoin to once again lose its $33k support to post a local low of $32.2k The US Bureau of Labor Statistics has just released June’s Consumer Price Index which indicates that it has risen by 5.4% from a year ago. According to their analysis,…

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Pandatsuki | Launching A Fully Transparent Meme Coin For Charity

BERLIN, GERMANY, July 15, 2021 — The Pandastuki presale precedes the launch of the platform. The users can participate in the presale, starting from the 14th of July and it continues till the 21st of July. The presale is focused on inviting users and building a community of crypto enthusiasts with a motive of helping sustainable projects by contributing via charities initiated on the platform. Pandastuki is focused on building a better future and supports the transformation of this world to a better one with the help of its meme-based token interacting…

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