Daily Crypto NewsEDITION #313, 24 September 2021

Bitcoin in the hand is worth two in the bush

Hey Moni Maker

Today the whole world celebrates International Day of caravan. Yeah, can you believe it? Some people still carry heavy bags on camels instead of in handy flash wallets. Someone is still protecting their wealth from offline gangsters instead of hackers... although there are plenty of precedents for crypto cats to get into trouble.

So, shall we go for a walk with the caravan and Digest through the crypto universe? Let's go!

As Defiant reports, Twitter is going big into crypto starting today.

Twitter is making two major updates that will make cryptocurrency integral to its product, with more likely to come. Tipping on Twitter is expanding globally today to everyone on Apple’s iOS, and there will now be an option to tip in Bitcoin. Second, Twitter is going to create a way for its users to authenticate the fact that he or she owns the NFT that they use for their profile picture.

“Twitter’s purpose is to serve the public conversation,” Kayvon Beykpour, head of consumer product at Twitter, said today during a video press conference. “We’re focusing on turning followers into fans, and fans into funds.”

Twitter released tipping in May, but the number of people who could use it has been limited. Everyone will be able to send and receive tips starting today, on iOS, though the team plans to roll out on Android soon.

As BBC reports, a young girl who became an internet sensation when a photo of her went viral is now selling an NFT for thousands of dollars at auction.

Chloe Clem, now 10, became famous in 2013 when her mother shared her unimpressed reaction to a surprise Disneyland trip online.

So:

- The U.S. Lower House passed a bill to raise the U.S. national debt limit through the end of 2022.

- The White House supports the idea.

- The final vote of the Senate will take place in the coming week.

What does this even mean?

It means that the U.S. will borrow even more. From itself. For itself.

Anyway, the crisis is postponed, the market is growing, and you and I won't be going to McDonald's anytime soon.

We guess...

Falling Knife is a trading term for a rapid drop in the price of an asset. Often used in the phrase “Trying to catch a falling knife,” which means the trader is trying to catch the bottom after a sharp drop. Very often speculators get a second bottom as a gift to the first one.

And more you can find in our Glossary!

And you...buy Bitcoin! (it's a good time!)