..

Bitcoin Beat: BTC Nosedives, April 20 ‘Doge Day’?

Written by:
Aaron Goldstein
Published on:
Apr/19/2021

Bitcoin Nosedives - Bitcoin, the world’s biggest cryptocurrency, fell as much as 14% to $51,541 on Sunday, reversing most of the big gains it made over the past week.  Much of the boost came on news that Bitcoin exchange Coinbase was going public.

coinbase.gif

By Monday evening, the price of Bitcoin was back up to over $54,000.

Data website CoinMarketCap cited a blackout in China’s Xinjiang region, which reportedly powers a lot of Bitcoin mining, for the selloff.

Luke Sully, CEO at digital asset treasury specialist Ledgermatic, said in an email that people "may have sold on the news of the power outage in China and not the impact it actually had on the network".

Dogecoin traders push to make April 20 ‘Doge Day’ - Dogecoin’s astonishing surge in the past week has been amazing enough, but now proponents of the cryptocurrency are promoting a celebratory holiday—Doge Day—for the money that no one was meant to take seriously. Advocates are hoping to see Dogecoin hit $1 on April 20—one week after it was valued at just 9¢.  Source: Fortune

Calvin Ayre: Bitcoin SV is The Most Valuable Blockchain Network - A prolific investor in the Bitcoin space, Ayre has a specific investment and business focus on fintech innovations, data management, cyber security and transactable digital tokens. His interview began by setting out the use case for Bitcoin SV, and why it is technologically superior to other blockchains, such as BTC and ETH.

Ayre said all other blockchain networks have decided to take the original Bitcoin vision and have tried to apply their own ‘improvements’ to the technology, as first detailed in Dr. Craig Wright’s original Bitcoin whitepaper.

Ayre said BSV will change the way data is managed and valued. The network has a global monopoly on enterprise level data management and valuation, with all other networks described as “hobby platforms” at best. As soon as an app is successful on one of the other blockchains, it needs to be ported to BSV as the only public blockchain with the scale potential to handle it.

Read More From CoinGeek Here

- Aaron Goldstein, Gambling911.com

Business/Financial News

Dow Jumps 400 Points, Nasdaq Surges 2% Following Inflation Report: Latest BetOnline Financial Odds

Dow Jumps 400 Points, Nasdaq Surges 2% Following Inflation Report: Latest BetOnline Financial Odds

Consumer prices rose 8.5% in July, and while that may seem like a lot, it was less than expected as the pace of the rise had slowed.

£9.9 Billion Class Action Lawsuit Filed Against Binance, Kraken, Others

£9.9 Billion Class Action Lawsuit Filed Against Binance, Kraken, Others

A £9.9 billion class action lawsuit has been filed against Binance, Bittylicious, Kraken and Shapeshift.  The plaintiffs are mostly BSV Blockchain investors.

VERDICT: Peter McCormack Liable for Defamation on All Counts

VERDICT: Peter McCormack Liable for Defamation on All Counts

The judge also found that McCormack’s defamatory tweets had caused serious harm to Wright's reputation in the United Kingdom.

Odds on the JetBlue Spirit Airways Merger Getting Approval

Gambling911.com has the odds of a JetBlue Spirit Airways merger receiving approval from the U.S. government by July 2024 set at +130.

Mark Cuban Anticipates SEC to Impose 'Nightmare' Crypto Registration Rules

Mark Cuban Anticipates SEC to Impose 'Nightmare' Crypto Registration Rules

And another serial entrepreneur, Calvin Ayre, asks: "How is anyone surprised that the SEC thinks most token platforms are securities when we have published this", directing folks to an article appearing on CoinGeek entitled: 'Ethereum 2.0 – Ether’s journey from a security to a security'

Syndicate