Bitcoin tourists exit the market, Peter Schiff’s bank closes down and Voyager to restructure: Hodler’s Digest, July 3-9
Cointelegraph
Published Jul 09, 2022 03:49PM ET
Updated Jul 09, 2022 06:40PM ET
h4 Peter Schiffs bank closure strengthens Bitcoin case for financial freedom/h4
/h4 h4 Ethereum testnet Merge mostly successful Hiccups will not delay the Merge./h4 h4 /h4 h4 Voyager Digital files for Chapter 11 bankruptcy, proposes recovery plan/h4 h4 /h4 h4 The bottom is in: CNBCs Jim Cramer says crypto has no real value/h4 h4 Bloomberg analyst tips bullish BTC recovery in next six months/h4 h4 /h4 h4 PennyWise crypto-stealing malware spreads through YouTube/h4 h4 Celsius moved $529M worth of wBTC to FTX exchange: Should we be worried?
/h4 h4 Bombshell allegations of fraud as KeyFi takes Celsius to court/h4 h3 /h3 h3 Bear market? So what, says World Chess Champion Garry Kasparov/h3 h3 How the Metaverse can revolutionize the fashion industry/h3 h3 What does a bear-market cleanse actually mean?/h3
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Avid Bitcoin hater and gold peddler Peter Schiff saw his bank in Puerto Rico, Euro Pacific International Bank, shut down this week, with regulators pulling the plug on the grounds that the bank was not maintaining the net minimum capital requirements. Schiff noted that, as a result, accounts are frozen and customers may lose money. The crypto community on Twitter (NYSE:TWTR) was quick to swoop in, with pseudonymous user HodlMagoo noting the priceless irony: Do you understand why you need bitcoin now?
h4 /h4 h4 Bitcoin tourists have been purged, only hodlers remain: Glassnode
/h4
According to Glassnodes The Week On-Chain report published on Monday, supposed market tourists have been completely purged from the BTC market, leaving only seasoned hodlers or investors transacting with the asset. The report also stated that shrimps those holding less than 1 BTC, and whales those with 1,000 to 5,000 BTC were increasing meaningfully.
/h4 h4 Bombshell allegations of fraud as KeyFi takes Celsius to court/h4 h3 /h3 h3 Bear market? So what, says World Chess Champion Garry Kasparov/h3 h3 How the Metaverse can revolutionize the fashion industry/h3 h3 What does a bear-market cleanse actually mean?/h3
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Written By: Cointelegraph
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