YouTubers and
Bitcoin make headlines when crypto scams seem to spread, resulting in serious financial losses. On one end, there are cases of
YouTube channels being hacked to promote scams, impacting renowned channels like the
Supreme Court of India and even
Apple Co-Founder, Steve Wozniak. Recent court rulings allow Wozniak to legally pursue YouTube for allowing scam videos using his name to circulate. These channels often have their profiles altered to resemble famous
cryptocurrency companies, compromising
security and misguiding viewers.Simultaneously, investments in
Bitcoin and related cryptocurrency have seen both astronomical gains and drastic losses. The example of original Bitcoin investor celebrating the $100,000 milestone indicates a positive trend. Yet, many traders have predicted an imminent crash in Bitcoin's value due to the overextension of technical indicators. On the brighter side, investing in Bitcoin is considered by the rival video-sharing platform, Rumble, which has received a
$775M investment from Tether. Rumble has announced a sizeable allocation towards Bitcoin treasury strategy. Prominent influencer and CEO of MicroStrategy, Michael Saylor, warns of deep fake scams on YouTube, a significant threat to crypto investors. In an ironic twist, some YouTube crypto scams have seen scammers themselves turning victims. Amid rampant hacks and scams, trader Nicholas Merten predicts a major collapse in Bitcoin's value in the coming weeks. However, other traders such as Kevin Svenson and Benjamin Cowen, believe that Bitcoin is making the right technical steps, potentially heading for a bullish market with higher targets.
Bitcoin Youtube News Analytics from Tue, 09 Jun 2020 07:00:00 GMT to Wed, 01 Jan 2025 10:15:38 GMT -
Rating -1
- Innovation 5
- Information 8
- Rumor -3
