Twitter Featured: Bitmain mines BSV; US lawmakers ask Facebook to stop developing Libra

Buy Bitcoin at around $8,400. (Note: Bitcoin fell below $10,000 yesterday) Don’t stop loss/liquidate when Bitcoin is below $6,000. Hold forever. If this bull run is like the one in 2017, you can hold it until $84,000.

I am not a financial advisor, you are responsible for your own transactions. In the last bull run, the price of Bitcoin did not fall by more than 40%.

Weiss Rating:

Max Keiser, a well-known American financial commentator, said that the era of altcoins is over and altcoins will disappear because "all the money will flow into Bitcoin". No, this will not happen. We like you, Max, but what you said is wrong.

Peter Schiff, CEO of Euro Pacific Capital:

"Everyone put a little money in Bitcoin in case it goes up, but don't put more than you can afford to lose" is the self-serving advice of those who own Bitcoin and want to sell it. Just because you can afford to lose it doesn't mean you should throw it away. (Note: Peter Schiff is a gold lover and is not very optimistic about cryptocurrencies.)

Catherine also tweeted: I am grateful to the Ripple team for developing the XRP market and liquidity, and I am grateful for joining Binance to make trading ubiquitous.

Ripple CEO Brad Garlinghouse tweeted:

Big congratulations to Catherina, former head of institutional liquidity at Ripple, for becoming CEO of BAM, overseeing Binance US. It’s great to see outstanding Ripple alumni (like her) going out and influencing the wider crypto ecosystem.

Binance CEO Changpeng Zhao retweeted and commented: I have never met or spoken to Brad, but we have the same goals.

Bitfinex repaid $100 million in outstanding loans to Tether.

Note: In an earlier lawsuit filed by Bitfinex against the New York Attorney General’s Office (NYAG), it was mentioned that Bitfinex borrowed $700 million from its sister company Tether through a line of credit in early 2019 to make up for a $850 million hole, as funds from Bitfinex payment processor Crypto Capital were seized by authorities in three different countries.

Mike Dudas, founder of The Block, questioned :

If I remember correctly, you raised 1 billion US dollars specifically to repay Tether's loan.

Is this the final payment, have you all settled it?

If not, what do you plan to do with the extra money?

Congress will find that they can’t write to Bitcoin.

2. Forbes commentator Joseph Young:

SK, a major South Korean conglomerate and largest telecom company, has invested $10 million in a crypto fund.

The richest are increasingly involved in cryptocurrencies: Samsung, Hyundai, Kakao, SK Group, etc.

3. Bitmain’s mining pool btc.com is mining BSV. Jimmy Nguyen, CEO of nChain and one of the “BSV Big Three”, commented:

When will AntPool join btc.com and mine BSV? We welcome Bitmain's mining pool to BSV... Because, in the end, business is what matters.

—— End ——

Check Twitter every day to see the opinions of experts and get the latest and most interesting views.