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Comedy Legend Cracks On Crypto, Calls Altcoins A "Scam"

Louis CK, a well-known stand-up comedian, recently made a comment on Twitter stating that all cryptocurrencies except for Bitcoin are a "scam". This sparked a debate among users, with some defending altcoins as legitimate investments.

Ethereum Price Analysis: Technical Outlook Suggests Low Demand and Accumulation

Ethereum's price has remained stable with minor gains on the daily chart while Bitcoin's indecisiveness has slowed down altcoins. Despite reduced buying strength, buyers still hold an advantage over sellers in the market, but if Ethereum fails to move above its immediate resistance, the coin may retrace on its chart. The release of US CPI data is expected to significantly impact the market in the coming weeks.

Bitcoin Holds Steady at $30,000 as Experts Predict Bull Market in 2024 Despite Unlikelihood of CNY Stablecoin

Bitcoin's price is currently at $30,000 and it is uncertain what could cause it to move from this level. One potential factor is the availability of a freely convertible Chinese Yuan, which is necessary for a CNY stablecoin, but this is unlikely to happen soon.

Bitcoin Correlation with NASDAQ at Two-Year Low, Indicating Weak Negative Relationship

New data from Kaiko shows that the correlation between Bitcoin and the Nasdaq Composite Index has dropped to less than 1%, which is at a two-year low. This suggests a weak negative relationship between Bitcoin and the NASDAQ, indicating that Bitcoin prices moved in the opposite direction or are unrelated to the NASDAQ Composite Index action.

Unchained Launches First Private Client Service with Collaborative Bitcoin Custody

Unchained has launched a new membership-based service called Unchained Signature, which offers high-net-worth individuals, institutions, and corporations the ability to invest in and manage their bitcoin with high-touch support similar to premium banking services. The service offers collaborative custody, which allows investors to maintain control over their bitcoin without the risks associated with self-custody. Unchained Signature provides dedicated account management for bitcoin financial services, technical support, and benefits such as early access to new products and exclusive networking events. Unchained has established itself as the number one bitcoin loan provider in the USA and a leader in bitcoin financial services, with over $2 billion in bitcoin secured and over $500 million originated in bitcoin-collateralized loans.

Zapple Pay Emerges as Alternative to Bitcoin-Friendly App Damus After Apple Threatens Delisting

In June, Apple threatened to remove Damus, a Bitcoin-friendly social media app, from its App Store due to its feature that allows users to tip each other with bitcoin. Despite efforts to address the issue, Apple rejected Damus' submission, leading to concerns about restricting Bitcoin adoption.

Marex Launches Volatility-Adjusted Strategy Tied to Bitcoin, Ether, and Dollar Index Futures for Crypto-Wary Investors

London-based financial services platform Marex has launched a volatility-adjusted strategy that includes bitcoin, ether, and the dollar index futures to cater to investors who are concerned about the high price turbulence in the crypto market.

Rich Dad' R. Kiyosaki Predicts Bitcoin to Hit $120k Next Year as 'USD Will Die

Robert Kiyosaki, author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ has advised his followers to invest in assets like Bitcoin as warnings continue that the US dollar will lose its position as the global reserve currency.

Robert Kiyosaki Predicts Bitcoin to Reach $120k Next Year Amidst Impending USD Devaluation

Bitcoin is leading a bullish reversal in the crypto market, with a 1.83% jump in the past 24 hours to reach $30,629.25. Robert Kiyosaki, author of "Rich Dad Poor Dad," predicts that the BRICS alliance will announce a gold-backed cryptocurrency next month, which could change the valuation of the US dollar.

Global Market Cap Increases by 1.8% in 24 Hours as Bitcoin and BNB See Bullish Activity

The global market cap increased by 1.8% during today's bullish market session, reaching $1.19T. Bitcoin saw a 1.7% rise in price, with a 67% increase in trading volume, but faces resistance at the $31K level. Ethereum also had a mild day with a 1.6% gain in price and a 25% increase in trading volume, while Compound and BNB had good sessions with gains of 8% and 6% respectively. Other notable gainers include PEPE and Pepe 2.0.