BITCOIN DROPS | WHAT SHOULD YOU DO?
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USE THE CODE TO ENTER: 157523
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BITCOIN ESSENTIALS:
To invest in Bitcoin: https://www.binance.me/en/register?ref=28061122
Ellipal Hardware Wallet: http://bit.ly/EllipalWallet2021
Trezor Hardware Bitcoin Wallet - https://bit.ly/TrezorModelT2021
Ledger Hardware Bitcoin Wallet - https://bit.ly/LedgerOffcial
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Here's my charting software: http://bit.ly/MyChartingSofrware2021
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To invest in US stocks if you are based in the US and Japan: http://bit.ly/TradeUSstocks
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For business inquiries contact my team: trainings@stocksmarts.com.ph
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Attn: Yvonne Goh Germo (Please email or call first so we know we are expecting)
28 A Roxas Chua Circle Pacific Village, Muntinlupa City, Metro Manila, Philippines
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ONLINE COURSES:
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VERY IMPORTANT
Please do not buy a stock just because it is talked about in Youtube. This video is for informational purposes. This is to give you a reference point and data on how you are suppose to analyse stocks only. Never buy or sell just because of this video.
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#StockSmarts #TechnicalAnalysis #CryptoMarkets
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Bitcoin sinks to two-week low as China intensifies crypto mining crackdown
Bitcoin fell as low as $31,760 Monday morning, dropping below $32,000 for the first time since June 8. China’s crackdown on cryptocurrency mining has extended to the southwestern province of Sichuan, according to reports. The People’s Bank of China said Monday it had urged Alipay and some major banks to crack down on crypto trading.
Bitcoin sank to a two-week low Monday on reports that China has intensified its crackdown on cryptocurrency mining.
The world’s largest digital currency fell as low as $31,760 Monday morning, dropping below $32,000 for the first time since June 8, according to data from Coin Metrics. It was trading at $32,472 at 4:00 p.m. ET, down 8% on the day. Smaller rivals like ether and XRP also fell 12%.
Many bitcoin mines in Sichuan were shuttered Sunday after authorities in the southwestern Chinese province ordered a halt to crypto mining, according to a report from the Communist Party-backed newspaper Global Times. More than 90% of China’s bitcoin mining capacity is estimated to be shut down, the paper said.
Bloomberg and Reuters also reported on the move from Sichuan authorities. It follows similar developments in China’s Inner Mongolia and Yunnan regions, as well as calls from Beijing to stamp out crypto mining amid worries over its massive energy consumption.
Separately, the People’s Bank of China said Monday it had urged Alipay, the payments service run by Alibaba affiliate Ant Group, and some major banks to crack down on crypto trading. China has already banned financial institutions from providing crypto-related services.
“China often does this,” Charles Hayter, CEO of crypto data firm CryptoCompare, told CNBC via email.
“When China sneezes, bitcoin catches a cold. But this flexing of regulatory muscle is often just that — in the past eight years, this story has risen its head at least three times.”
Stock Smarts Online Course: http://bit.ly/StockSmartsZoomClass2021
To invest in Bitcoin: https://www.binance.me/en/register?ref=28061122
Grab a copy of my books: https://bit.ly/stocksmartsshopee2021books
_______________________________________
TO INVEST IN US STOCKS FOR 1 US DOLLAR (50 PESOS): https://heygotrade.com/
USE THE CODE TO ENTER: 157523
_______________________________________
BITCOIN ESSENTIALS:
To invest in Bitcoin: https://www.binance.me/en/register?ref=28061122
Ellipal Hardware Wallet: http://bit.ly/EllipalWallet2021
Trezor Hardware Bitcoin Wallet - https://bit.ly/TrezorModelT2021
Ledger Hardware Bitcoin Wallet - https://bit.ly/LedgerOffcial
______________________________________
TRADING ESSENTIALS:
Here's my charting software: http://bit.ly/MyChartingSofrware2021
To protect your online stock trades use: NORD VPN: https://t.productlink.io/e1419vg
To invest in US stocks if you are based in the US and Japan: http://bit.ly/TradeUSstocks
______________________________________
INVEST IN FOREX
To invest in Forex click this link - http://bit.ly/TradeForex2021
______________________________________
SEND ME DMS:
Join my Youtube Community: https://www.youtube.com/channel/UCy8ARJvlGyYKc6-mIRvJajg/join
Support me via Patreon: https://www.patreon.com/marvingermo
Instagram: https://www.instagram.com/marvingermo/
For business inquiries contact my team: trainings@stocksmarts.com.ph
To mail us stuff:
Attn: Yvonne Goh Germo (Please email or call first so we know we are expecting)
28 A Roxas Chua Circle Pacific Village, Muntinlupa City, Metro Manila, Philippines
______________________________________
ONLINE COURSES:
REAL ESTATE MASTERCLASS: http://bit.ly/RealEstateMasterClassSurvey
MAKE MONEY GROW MONEY - https://makemoneygrow.ph/videos/introduction/
STOCK MARKET FOR EVERY JUAN (TAGALOG) https://chinktv.com/collections/financial-courses-1/products/stock-market-for-every-juan?afmc=er&utm_campaign=er&utm_source=leaddyno&utm_medium=affiliate
______________________________________
More about me:
https://linktr.ee/marvingermo
Dividend Investing: https://www.youtube.com/watch?v=9-DQSmFvMts&list=PLlr3m26N_qh7TGHHnlwsC0p44CRf5NrTT
______________________________________
VERY IMPORTANT
Please do not buy a stock just because it is talked about in Youtube. This video is for informational purposes. This is to give you a reference point and data on how you are suppose to analyse stocks only. Never buy or sell just because of this video.
______________________________________
#StockSmarts #TechnicalAnalysis #CryptoMarkets
______________________________________
Bitcoin sinks to two-week low as China intensifies crypto mining crackdown
Bitcoin fell as low as $31,760 Monday morning, dropping below $32,000 for the first time since June 8. China’s crackdown on cryptocurrency mining has extended to the southwestern province of Sichuan, according to reports. The People’s Bank of China said Monday it had urged Alipay and some major banks to crack down on crypto trading.
Bitcoin sank to a two-week low Monday on reports that China has intensified its crackdown on cryptocurrency mining.
The world’s largest digital currency fell as low as $31,760 Monday morning, dropping below $32,000 for the first time since June 8, according to data from Coin Metrics. It was trading at $32,472 at 4:00 p.m. ET, down 8% on the day. Smaller rivals like ether and XRP also fell 12%.
Many bitcoin mines in Sichuan were shuttered Sunday after authorities in the southwestern Chinese province ordered a halt to crypto mining, according to a report from the Communist Party-backed newspaper Global Times. More than 90% of China’s bitcoin mining capacity is estimated to be shut down, the paper said.
Bloomberg and Reuters also reported on the move from Sichuan authorities. It follows similar developments in China’s Inner Mongolia and Yunnan regions, as well as calls from Beijing to stamp out crypto mining amid worries over its massive energy consumption.
Separately, the People’s Bank of China said Monday it had urged Alipay, the payments service run by Alibaba affiliate Ant Group, and some major banks to crack down on crypto trading. China has already banned financial institutions from providing crypto-related services.
“China often does this,” Charles Hayter, CEO of crypto data firm CryptoCompare, told CNBC via email.
“When China sneezes, bitcoin catches a cold. But this flexing of regulatory muscle is often just that — in the past eight years, this story has risen its head at least three times.”
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