Rocket Pool

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The American journalist, Youtuber, podcast host, and political commentator, Tim Pool, has talked about bitcoin on numerous occasions and even more so these days as the crypto asset crossed its all-time price high. After the Proshares exchange-traded fund (ETF) launched on the New York Stock Exchange (NYSE), Pool asked his 897,700 Twitter followers if they thought bitcoin would hit $200K.
Tim Pool ‘Feels Bad’ for People Dismissing Bitcoin 
Tim Pool is a well known person on various social media channels due to the work he’s done as a journalist, show host, and commentator. When it comes to living in these modern times, Pool always has something to say in order to spark meaningful debate. Pool is a former member of Vice Media and in 2014 he also participated in Fusion TV. The activist is also well known for his live-streamed recordings of the 2011 Occupy Wall Street protests in 2011.

These days, Pool hosts a Youtube show and podcast called “Timcast IRL” and he discusses things like politics, government, finance, specific people making headlines and a number of other subjects society deals with every day. In Pool’s last Youtube video, he discussed the buckling supply chain that’s been hurting the American and global economy. Pool has a lot of fans because he adheres to being objective when he reports, which is something the public accuses mainstream media of abandoning. 
Pool is also a fan of the leading crypto asset bitcoin (BTC) and has mentioned it on several occasions. Last year in October, Pool discussed bitcoin alongside the ‘Great Reset’ subject as well. As bitcoin smashed through its previous all-time price high captured in April, on October 20 Pool said he believes a single BTC could be worth a million dollars. People still sh** on bitcoin and I feel bad for them,” Pool tweeted. “A local guy out here told me he just became a millionaire off his investment, bought in several years ago and forgot about it.” The popular Youtuber added: 
It’s the rise of a new financial technology and I believe 1 BTC will eventually be equivalent to $1M. 

Youtube Host Thinks Cryptocurrency ‘Is a Positive Force’
On September 21, Pool’s show featured author Matt Palumbo and the Youtuber discussed cryptocurrencies at great length. The title of the video is called: “Cryptocurrency Is a Positive Force as the Establishment Loses Control, but They’ll Try to Control It.” In the video, Pool talks about how Max Keiser tried to convince him to buy bitcoin in the early days, but at the time he passed. Pool also revealed some of the crypto assets in his portfolio, which include dogecoin (DOGE), bitcoin (BTC), ethereum (ETH), and cardano (ADA).
Prior to that video, Pool discussed the subject in another Timcast IRL video dubbed: “Tim Gets Animated About Bitcoin, Insists It’s Good For Many Things And Allows Greater Freedom.” During the discussion with the co-publisher of Human Events, Will Chamberlain, Pool stressed that BTC is “used to store value outside of the Fed.” In 2018, Pool said that “crypto can save free speech,” and he argued that digital assets can circumvent third parties that partake in financial censorship.
What do you think about Tim Pool’s latest statements about bitcoin possibly reaching $1 million per unit? Let us know what you think about this subject in the comments section below. 



























The American journalist, Youtuber, podcast host, and political commentator, Tim Pool, has talked about bitcoin on numerous occasions and even more so these days as the crypto asset crossed its all-time price high. After the Proshares exchange-traded fund (ETF) launched on the New York Stock Excha...

news.bitcoin.com

Journalist and Youtuber Tim Pool Believes 1 Bitcoin Will ‘Eventually Be Equivalent to $1 Million’

Valkyrie Bitcoin (BTC) futures-linked exchange-traded fund has now launched on the Nasdaq exchange, making it only the second ETF in the United States to be trading on the exchange.
According to the Nasdaq, Valkyrie’s Bitcoin Strategy ETF, opened at a pool price of $25.52 per share before dropping 3.3% in the first hour to $24.66.
The exchange-traded fund is primarily aimed at tracking the price of BTC futures listed on the Chicago Mercantile Exchange (CME), allowing U.S. investors to have direct exposure to cryptocurrency futures.
Valkyrie Funds CEO Leah Wald on choosing Nasdaq Exchange
Meanwhile, after becoming the first asset manager to create a bitcoin futures ETF on the Nasdaq Exchange, Valkyrie Funds CEO Leah Wald says it wasn’t in any way, a difficult choice to make.
Leah said anyone would have chosen Nasdaq after looking at the potential listing partners. She then added in a praise-filled remark, how it makes perfect sense to choose a technology-first, and innovation-based outfit as Nasdaq who has unarguably been leading the crypto revolution charge.
Speaking further on the Bitcoin Strategy ETF, Leah believes that this is a major step in the right direction for the asset class. She then spoke about how the ETF will enable investors to take part in the digital asset markets.
In another interview with Bloomberg, Wald spoke more on why she feels that some investors would prefer to own a bitcoin futures ETF over bitcoin itself. She noted by saying that the edge is in the fact that bitcoin is not a regulated asset, whereas CME futures are.
According to reports, the SEC is  reviewing almost 24 ETF filings for bitcoin and bitcoin futures at this present time. Also worthy of note is the fact that Wald mentioned that Valkyrie has again submitted another application for a spot bitcoin ETF.
 
 
The post Nasdaq was the obvious choice for our first ETF — Valkyrie Funds CEO appeared first on Coingape.


Valkyrie Bitcoin (BTC) futures-linked exchange-traded fund has now launched on the Nasdaq exchange, making it only the second ETF in the United States to be trading on the exchange. According to the Nasdaq, Valkyrie’s Bitcoin Strategy ETF, opened at a pool price of $25.52 per share before droppin...

coingape.com

Nasdaq was the obvious choice for our first ETF — Valkyrie Funds CEO

The Ethereum fear and greed index signals high greed readings at level-73 even as GasNow, the popular Ethereum gas price quotation system suspends operation. The event was followed by the China-based mining pool [Sparkpool] earlier announcing the closure in response to regulatory requirements.
Etherscan at press time shows that the Ethereum 2.0 deposit contract maintains its lead as top deposit account in terms of Ether balance, an indication that the Sparkpool incidence does not deter the growth of the ETH ecosystem.
Another significant driver of the general crypto market is the recent Bitcoin ETF approval, as analysts speculate on an Ethereum ETF approval to follow. Meanwhile, the ETHBTC price chart from a daily time frame signals a regular bullish divergence, which means we should expect a rise in demand for ETH over BTC in the short to mid-term.
Read on as we uncover more insights from the ETHUSDT price chart.
Ethereum (ETH) Weekly Chart Analysis

Paired against USDT, the Ethereum ETH trades within an expanding triangle, formed by bearish and bullish divergence patterns on 10 May and 19 July ’21.
The ETHUSDT price soared by about 136% after following a hidden bullish divergence on 19 July. Values of the RSI continue to trade above level-25, therefore indicating an uptrend as a bear-trap signal confirms a higher trough on 20 September ’21 [$2652.00].
Ethereum (ETH) Daily Chart Analysis

The above daily chart annotations reveal a similar expanding channel chart structure, this time with a bearish divergence as the current signal.
We anticipate the current uptrend to retract as early bulls take out some profits. On the flip side, a surge in demand could nullify the bearish divergence altogether as the price shoots for new highs.
Ethereum (ETH) 4HR Chart Analysis

Viewing the ETHUSDT from the 4HR intraday time frame, we notice a third expanding channel with a bullish divergence signal at press time.
Short-term scalpers could take a quick long order trade following the current bullish divergence with support at $3795.00. 
Although the general outlook for the ETHUSDT remains bullish, traders should generally be mindful of a price breakdown below the bullish trend line support, which could confirm the bearish divergence signal on the daily time frame and a decision to short sell the ETHUSDT.
Ethereum (ETH) Intraday Levels

Spot rate: 3894.09
Mid–Term Trend [H4]: Strong Bullish
Volatility: High
Support: $3371.00, $3695.00, and $3795.00
Resistance:  $3966.00 and $4000.00

The post ETH Price Analysis:  Ethereum Price Could See a Short-term Correction Before the Upswing Resumes appeared first on Coingape.


The Ethereum fear and greed index signals high greed readings at level-73 even as GasNow, the popular Ethereum gas price quotation system suspends operation. The event was followed by the China-based mining pool [Sparkpool] earlier announcing the closure in response to regulatory requirements. Et...

ETH Price Analysis:  Ethereum Price Could See a Short-term Correction Before the Upswing Resumes

The latest update in the Chinese crypto ban saw the world’s largest Bitcoin mining pool, Ant Pool give in to the regulatory crackdown and announced blocking IP access in mainland China, effective from 15th October. Additionally, amid a global crypto takedown, Ant Pool has also revealed the upcoming launch of its exclusive KYC verification system to further comply with crypto regulations of various countries.

Ant Pool, the world's largest Bitcoin mining pool, announced that it will stop IP access in mainland China from the 15th and launch the KYC system to comply with the laws of various countries.
— Wu Blockchain (@WuBlockchain) October 14, 2021

Since the reveal about the Chinese government’s tracking of IP addresses to filter out illicit crypto mining activities in the country, there have been several shutdowns of unregistered mining farms along with registered giants taking steps to comply with the authorities. Earlier this week, the largest Bitcoin mining equipment manufacturer in China, Bitmain announced that it will stop shipping any more Antimers to the country from October 11, in lieu of the ongoing crypto crackdown, that is specially focused on Bitcoin mining.
“Actively responding to the local government policies of the company’s entities has been Bitmain’s business strategy all along…Strictly abide by the laws and regulations of the locations of the company’s entities is the operating principle that Bitmain has always adhered to. From October 11, 2021, Antminer will stop shipping to mainland China (excluding Hong Kong and Taiwan). For customers in mainland China who have purchased long-term products, our staff will contact them to provide alternative solutions.”, stated the Press Release.
China Crypto Ban nears end as government succeeds shutdown of crypto businesses
However, the Chinese government has no plans to stop unless the crypto industry has completely vanished from the face of China. According to CoinGape’s recent coverage, China’s authoritarian government is now planning to add crypto mining to the “Negative List” of industries. This would mean that the crypto mining industry will be banned or restricted from any investment from both, mainland China investors as well as foreign investors. The Chinese crypto ban appears to be near the end as more than 20 crypto firms and exchanges announced the suspension of crypto services in the country. Furthermore, foreign crypto exchange giants including Huobi, OKEx, and Binance have also announced the closure of all services by December.
The post China Crypto Ban: World’s largest Bitcoin mining pool to block IP access from mainland China appeared first on Coingape.


The latest update in the Chinese crypto ban saw the world&#8217;s largest Bitcoin mining pool, Ant Pool give in to the regulatory crackdown and announced blocking IP access in mainland China, effective from 15th October. Additionally, amid a global crypto takedown, Ant Pool has also revealed the ...

China Crypto Ban: World’s largest Bitcoin mining pool to block IP access from mainland China

The latest Chinese crypto ban has already led to several foreign crypto exchanges including Huobi and Binance to terminate their services for mainland China customers and now it seems mining pools are next. The biggest Ethereum (ETH) mining pool in the world is called SparkPool and it announced the suspension of services yesterday.

pic.twitter.com/hLPamoSwk1
— SparkPool (@sparkpool_eth) September 27, 2021

The mining pool claimed its decision was based on regulatory requirements in China and it won’t be accepting any new users from September 24 from China. The mining pool said,
“SparkPool had stopped providing services to new users from mainland China on September 24, 2021 (UTC+8). A complete shutdown for all SparkPool services and operations for the existing users, at home or abroad, has been planned for September 30, 2021 (UTC+8) at 20:00 under the premise of ensuring the safety of our users’ assets. “
Apart from Ethereum’s largest pool, F2Pool another popular crypto mining pool show the following statement to their users on login
“F2Pool will not provide services to China. F2Pool unilaterally reserves the right to restrict or cancel services in specific areas. F2Pool may freeze or terminate these accounts.”
China’s Waining Effect on Crypto Market
China deemed all crypto transactions illegal and instructed key institutions to crack down on existing crypto mining activities. This is the second prominent crypto crackdown in China this year alone, the first came in April-May. However, with each passing Chinese ban Fad, the impact of China’s position on crypto has a weaker impact on the market.
For example, the first crypto crackdown orders led to a massive market sell-off resulting in nearly a trillion-dollar getting wiped off the crypto market. However, since the latest announcement by the People’ Bank of China, the crypto market has shown little slump. Most of the crypto assets fell by 3%-5% and recovered soon after.
The Defi market has in fact benefited from the crackdown as major Chinese traders ruse to Defi market in absence of centralized exchanges. As a result, major DEX protocols made double-digit gains yesterday.
The post China Crypto Ban: Biggest Ethereum (ETH) Mining Pool to Shut Down appeared first on Coingape.


The latest Chinese crypto ban has already led to several foreign crypto exchanges including Huobi and Binance to terminate their services for mainland China customers and now it seems mining pools are next. The biggest Ethereum (ETH) mining pool in the world is called SparkPool and it announced t...

Rocket Pool price	$34.51
Low - High 24H	$32.54 - $34.67
Market cap	$558.78M
Volume 24H	$1.91M
All time high	$38.03 -9.23% September 19th 2021
All time low	$0.008847 390049.68% August 28th 2018
Genesis date	N/A

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