A glitch on CoinMarketCap had many thinking they were rich beyond belief! The Gentlemen of Crypto is a daily live cryptocurrency podcast that broadcasts on YouTube. Isaiah Jackson and King Bless provide cryptocurrency analysis across a variety of blockchain news stories.
Top gains / losses (market update): 1:04
- Polkadot (-3.35%)
- Dogecoin (-8.95%)
- AVAX (8.9%)
CoinMarketCap Glitch: 4:01
- Error lead many to believe they were crypto billionaires (link)
- Gains showed a trillion % gains on some cryptos
Kraken CEO bearish on crypto: 12:04
- Previously CEO said bitcoin would trade at $100k a coin, now updates his prediction to lower (link)
- Long term, bitcoin is still on the uptrend, look for a 5 year investment.
Dino of the Day: Senator Warren FUD’s stablecoins and DeFi: 14:56
- Claims value of stablecoins would take a nosedive (link)
- Says stablecoins pose risks to the U.S. financial system and how lawmakers could handle regulating the space.
- A Lot of different opinions in the senate because everyone is confused
NYDIG raises 1b in funding + BitLicense corruption: 25:16
- Only 25 entities are now approved to operate in NY (link)
- Benjamin Lawsky, helped create the BitLicense bill and joined a bitcoin fund and helped them retrieve the license.
Block will allow users to gift BTC using Cash App for the holidays: 33:15
- Can send as little as $1 in bitcoin (link)
- Joins paypal in allowing users to send crypto as payments
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