Episode 85: 🦑Squid Game Crypto RUG PULL, ₿ Marathon Digital 7,453 BTC

An investor put his $28,000 life savings into a crypto called SQUID named after the popular Netflix series "Squid Game". The coin hit a high of $2,860 per coin right before being rug pulled by the founders. OLB Group trading under the ticker ($OLB) said that they will be immediately ready to accept bitcoin payments from payment provider Mastercard. Mastercard earlier last month announced that they will be partnering with popular crypto exchange Bakkt. Global venture capital funding into cryptocurrency and blockchain reached an all-time high of $6.5 billion in the third quarter of 2021, surpassing the updated second-quarter total of $5.2 billion, according to a new report from market intelligence firm CB Insights. For the quarter, there were a staggering 286 crypto deals recorded, down slightly from the 291 in the second quarter. For the first nine months of the year, global VC funding hit $15 billion, up 384% from 2020′s full-year total of $3.1 billion. Coinbase Ventures was the most active crypto investor in the third quarter by a significant margin with 24 deals, while CMT Digital and Polychain Capital tied for second with nine deals each. Siam Commercial Bank (SCB) has acquired a 51% stake in Thai cryptocurrency exchange Bitkub. Thailand’s oldest bank SCB paid 17.85 billion baht ($536.6 million) for the majority stake in the exchange. Marathon Digital trading under the ticker ($MARA) produced 417.7 bitcoins in October, a 23% increase over the previous month that boosted the value of the company’s total bitcoin holdings to about $457.4 million, the bitcoin miner said on Tuesday. Marathon Digital now has about 7,453 bitcoins. Its mining fleet consists of 27,280 active miners producing approximately 2.96 exahashes (EH/s). 📚Books: https://www.amazon.com/s?k=reginald+seay&crid=XNP2FB40Q3TH&sprefix=reginald+seay%2Caps%2C232&ref=nb_sb_noss 📚 Course: https://market-marauders-complete-guides.teachable.com/p/the-complete-guide-to-cryptocurrency 📚Website: www.marketmarauders.net 🦩Twitter: @yourequest 😎Instagram: market_marauders 📧Email: [email protected] 🚧 DISCLAIMER🚧 I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read and/or view and/or hear on the channel.