Briefly Crypto – Telegram
Briefly Crypto
5.87K subscribers
3 photos
67.7K links
Screening #Crypto & #NFT news in real-time, AI-driven.

🚨 Articles are not endorsements 🚨

Created by @danclarkie in collaboration with @imBagsy

twitter.com/BrieflyCrypto
Download Telegram
​The Analyst That Nailed Aug and Sep Bitcoin Closing Price Predicts BTC at $63K in October

While that may sound like a negative occurrence for BTC bulls, the popular cryptocurrency analyst PlanB actually saw this happening months ago and predicted the exact closing price.

For November, he sees BTC at $98,000, while for December, the price tag would be $135,000.

Nothing to Do With S2F. PlanB is perhaps best known in the cryptocurrency community as the creator of the stock-to-flow model and its variations, which also see BTC going into a six-digit price territory by the end of this year.


Sentiment: Positive
​Read Article
​Vitalik on creating ETH: “I happily played World of Warcraft during 2007-2010, but one day Blizzard removed the damage component from my beloved warlock’s Siphon Life spell. I cried myself to sleep, and on that day I realized what horrors centralized services can bring. I soon decided to quit.”


Sentiment: Neutral
​Read Article
Bitcoin is currently trading at $47,894 down -0.71% since yesterday.

​Daily Briefing
​Meanwhile in Turkey - ₺100 in 1961 is equivalent in purchasing power to about ₺530,942,096.29 today. And Mr Erdogan want to “fight cryptocurrencies”.

Why a lira today is worth only 0.0% of a lira in 1961 Updated: September 14, 2021.

Conversion: 1961 lira today Initial value Equivalent value ₺1 lira in 1961 ₺5,309,420.

26 lira today How to Calculate Inflation Rate for ₺100 since 1961.


Sentiment: Neutral
​Read Article
​XTZ up 20.24% to $8.12 at the time of writing this

People who hold XTZ can vote on proposals for protocol upgrades that have been put forward by Tezos developers.

Big cryptocurrency exchanges such as Binance and Coinbase have also unveiled support for Tezos staking, meaning users can receive rewards based on the XTZ that they hold.

Tezos Nodes is a reliability rating public Tezos Bakers and a service for monitoring the state of node performance for non-public Tezos Bakers.


Sentiment: Positive
​Read Article
​Construction begins for nuclear powered bitcoin mining facility in Northeast Pennsylvania

SALEM TOWNSHIP, LUZERNE COUNTY - A massive new data campus from Talen Energy will begin construction soon in Luzerne County.

The cumulus data center campus in Salem Township has officially broken ground.

Building two will be a bitcoin mining facility that will also be run on-site.


Sentiment: Positive
​Read Article
​1 in 5 Aussies believe cryptocurrency is the secret to homeownership, rather than leaving their savings in a bank earning record low interest. 39% think cryptocurrency is a good alternative to buying an investment property.

You do not have permission to retrieve the URL or link you requested,.

Au and quote the reference number #18.4ed13017.


Sentiment: Positive
​Read Article
​Visa is building a payment channel network on Ethereum

Visa's first smart contract deployment was a payment channel accepting both Ether and USDC. This is a conceptual protocol in development by the payment processor that will enable interoperability between central bank digital currencies, called a "Universal Payment Channel," or UPC. The timing is appropriate given the global discussion around CBDCs.

Ethereum testnet is host to Visa's first take at a Universal Payment Channel protocol.

Through it all, Visa has shown a clear favorite in Ethereum as well, and now is utilizing the chain once again with the Universal Payment Channel.


Sentiment: Positive
​Read Article
​Crypto and God: Mississippi church provides Bitcoin, Ethereum, and others as giving option

Last Sunday, Back Bay church in St. Martin, Mississippi, became the first known Southern Baptist church to offer cryptocurrency as a giving method, according to Baptist Press.

Pastor Adam Bennet, a Mississippi Gulf Coast native, who has been in full-time ministry since 2005, introduced crypto as a donation option, alongside more traditional channels.

"I talked with a few others in the church who were into crypto, which grew into a discussion about it," Bennett told Baptist Press.


Sentiment: Positive
​Read Article
​'Cryptoization' of Emerging Markets Threatens Financial Stability: IMF

The advent of digital currencies in emerging markets could spark "Cryptoization" of local economies, potentially undermining exchange and capital controls and upsetting financial stability, the International Monetary Fund said on Friday.

The IMF said that unsound macroeconomic policies and inefficient payment systems are among the drivers of cryptocurrency adoption in emerging economies, along with the lure of quick gains that has also excited investors across the world.

"Dollarization can impede central banks' effective implementation of monetary policy and lead to financial stability risks through currency mismatches on the balance sheets of banks, firms, and households," it said.


Sentiment: Positive
​Read Article
​Gold-backed stablecoins to launch on Cardano, sending analysts bullish on ADA

Cardano has more decentralized applications and projects joining its blockchain network.

MELD - a DeFi protocol that allows users to lend, borrow and stake capital on Cardano - is preparing to launch a gold-backed stablecoin network on the network.

FXStreet analysts have evaluated the Cardano price trend.


Sentiment: Positive
​Read Article
​A gold-backed stablecoin will be launching on Cardano

As recently revealed during the Cardano Summit 2021, by none other than Cardano's founder.

According to the head of marketing at Cardano Foundation, David Taylor, who shared the announcement on Twitter, the new partnership with Nigeria's largest mobile network will introduce MELD's crypto services to millions of active subscribers, boosting Cardano's adoption in the country,.

Cardano's native token has 243,000 holders, with 70% of the wallet addresses holding the crypto recording profits, IntoTheBlock's data revealed.


Sentiment: Positive
​Read Article
​On this day 8 yeara ago, Bitcoin price 'plummeted' to $109.76 after Silk Road closure.

Bitcoin has experienced two major booms and busts, one in 2011 when the value of one Bitcoin went from $2 to $30 and back in little more than six months, and another earlier this year, when the price shot from $13 to a high of $266, before dropping back to a low of $50.Even on a slow trading period, Bitcoin remains extremely volatile.

"The price of Bitcoin has fallen since the closure of Silk Road, not because the website was the lynchpin of the Bitcoin ecosystem, but because some people are fearful that this is the beginning of the end."

Bitcoin 'not reliant on Silk Road'"The reality is, Silk Road doesn't play any part in a high proportion of Bitcoin users' lives," says Spaven.


Sentiment: Neutral
​Read Article
​IMF: "Emerging market 'cryptoization' threatens financial stability". They have FINALLY understood how big Crypto really is!

The advent of digital currencies in emerging markets could spark "Cryptoization" of local economies, potentially undermining exchange and capital controls and upsetting financial stability, the International Monetary Fund said on Friday.

Dollarization is where a foreign currency - typically the US currency - is used in addition to, or instead of, a domestic currency.

"Dollarization can impede central banks' effective implementation of monetary policy and lead to financial stability risks through currency mismatches on the balance sheets of banks, firms, and households," it said.


Sentiment: Positive
​Read Article
​BULLISH: National Postal Service adopt Polygon Blockchain

Ethereum Layer 2 solutions aggregator, Polygon, continues to soar high as it has secured a remarkable partnership with Switzerland's national postal service to unveil the Swiss crypto stamp.

On the other hand, the Swiss national postal service tapped Polygon to launch tradable digital stamps as nonfungible tokens.

The Swiss Post said: "There are 65,000 copies of the most common digital design, but just 50 of the rarest. One thing is clear: the Swiss Crypto Stamp means collecting, exchanging, and trading stamps has gone digital, too."


Sentiment: Neutral
​Read Article
​Bitcoin Forming Pattern That Usually Leads to Very Powerful Upside Move, According to Real Vision’s Raoul Pal

Macro guru and former Goldman Sachs executive Raoul Pal says Bitcoin is forming a pattern that could foreshadow a massive rally.

The Real Vision CEO tells his 652,000 followers that Bitcoin is forming a huge descending wedge reminiscent of a pattern that formed from 2017 to 2020.

"The Bitcoin long-term log chart looks pretty luscious. Who knows if the wedge breaks on the first attempt but a consolidation pattern of this magnitude usually leads to a very, very powerful upside move."


Sentiment: Neutral
​Read Article
​New Zealand considers launching its own digital currency as it sees opportunity for payments innovation

New Zealand's central bank is looking at the potential of creating a digital currency, with officials in a report Thursday saying such a project could foster further innovation in the country's payments system.

The Reserve Bank of New Zealand sought public feedback on papers focusing on the future of money which included a proposed digitized currency at a time when the use of cash is declining.

"A Central Bank Digital Currency would see the features and benefits of cash enjoyed in the digital world, working alongside cash and private money held in commercial bank accounts," RBNZ Assistant Governor Christian Hawkesby said in a statement.


Sentiment: Positive
​Read Article
​Nearly 40% of young Spanish People want to Invest into Crypto Soon: Many think that Crypto is the Only Asset which can Provide enough Returns for their Future

The Spanish neobank Revolt conducted a survey to find out whether or not younger Spaniards have been considering of leaping on the cryptocurrency bandwagon within the close to future.

Investing in digital belongings is probably the most contracted funding product amongst locals aged between 25 and 40 years outdated as round one-fifth admitted they've already allotted funds in them.

27% of the members consider that this can be a "Good funding," whereas 27% praised bitcoin and the altcoins as "The way forward for funds." Nonetheless, data on the matter wants enchancment as 17% answered they know nothing about crypto.


Sentiment: Neutral
​Read Article
​El Salvador successfully mines $270 of bitcoin using energy from a volcano

El Salvador became the first country in the world to recognize Bitcoin as legal tender a few weeks ago.

El Salvador invested $225 million and expanded its cryptocurrency holdings to 550 Bitcoins as part of a deployment aimed at establishing the country as a global cryptocurrency leader.

El Salvador is known as the "Land of the Volcanoes," and based on government data, geothermal energy already accounts for almost one-fourth of the country's local energy production.


Sentiment: Neutral
​Read Article