Day: March 5, 2022

BTC Falls Below $40,000 to Start Weekend – Market Updates Bitcoin News

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Bitcoin has fallen below $40,000 to start the weekend, as cryptocurrency markets extend recent losses. ETH was also lower on Saturday, falling to its lowest point this week in the process. Bitcoin BTC fell for its fourth consecutive session on Saturday, as the world’s largest cryptocurrency dropped below its long-term support level. The price of BTC/USD fell below its $40,000 floor during the session, hitting an intraday low of $38,777.04 in the process. As of writing, BTC is down 5.27% on the day, and is currently trading at $39,151.54, with…

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Billionaire Investor Says Crypto Outlook Is ‘Very Bullish’ For Bitcoin

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Billionaire Bill Miller, a seasoned billionaire investor, explains why he believes the current crypto outlook is very positive for Bitcoin. Miller likens Bitcoin to digital gold when it comes to the digital currency. Other cryptos are simply “adventure investments” since they lack the uniqueness of Bitcoin, he said. A fund manager, Miller highlighted that nearly half of Russia’s reserves are held in currencies controlled by individuals seeking to do them damage. Miller, a co-founder of Miller Value Partners, spoke on the future of crypto in the face of Russia’s ongoing…

What is the Algorand blockchain, and how does it work?

What is Algorand? Algorand is a blockchain network created in 2017 by Silvio Micali, an MIT professor who won the Turing Award for his work in cryptography. Algorand is a decentralized permissionless blockchain protocol that anyone can use to develop applications and transfer value. The Algorand protocol is powered by a novel consensus algorithm that enables fast, secure and scalable transactions. Algorand addresses the common issues that most older blockchains have, specifically concerning scalability and consensus. The blockchain uses Pure proof-of-stake (PPoS), a consensus protocol that selects validators at random…

Coinbase beats Q4 earnings expectations, stock rises

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Coinbase #Q4earnings #Coinbasestock Yahoo Finance’s Ines Ferre breaks down the latest quarterly earnings for Coinbase. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: Subscribe to Yahoo Finance: About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance…

Russia Proceeds With Efforts to Legalize Crypto Amid Sanctions Over Ukraine – Regulation Bitcoin News

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Authorities in Russia are continuing their work to establish a comprehensive legal framework for crypto transactions. The efforts, which started before the military invasion of Ukraine, go on amid warnings that Moscow may use cryptocurrencies to evade expanding financial sanctions. Expert Council Meets in Russia to Discuss Law ‘On Digital Currency’ Attempts to legalize and regulate operations with cryptocurrencies are ongoing in Russia, despite the situation surrounding the military assault the Kremlin launched in neighboring Ukraine. An expert council supporting the crypto regulatory working group at the State Duma, the…

Making the Metaverse the key to a better future instead of a dystopian prison

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Will the Metaverse(s) change humanity as we know it? Will the Metaverse(s) be the ultimate augmentation of human perception? Will it become an agora for our dreams (and, of course, nightmares), able to transform human perception entirely? Has it already started? To start with the latter question: Yes, the groundwork has already been laid. Sensors from our smartphones, social media, digital devices, and the digital data-driven companies that top the Fortune 500 comprise the new cathedrals, religions and tribal spaces for humanity. These technologies and the onset of the so-called…

Crypto Demand increases three times in UKRAINE | Should we buy more Crypto | Cryptocurrency

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Crypto #Cryptocurrency #Investment Currently the demand of Crypto increases three times in Ukraine amid the war against Russia. We will also discuss if you should invest more money in Crypto or if you are a new investor should you invest in Cryptocurrency. Let’s Discuss. Articles: Putin says read to negotiate – shorturl.at/qwCJ8 Crypto Demand soars in Ukraine – shorturl.at/juFRZ Exchanges I Use: MEXC Global – Huobi Global – Binance – Telegram Channel Link – Other Channels: How to Grow on Social Media…

Crypto industry seeks to educate, influence US lawmakers as it faces increasing regulation

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Interaction between the cryptocurrency industry and Capitol Hill is becoming ever more intensive as efforts to regulate crypto grow in tandem with its popularity. The surge in crypto industry lobbying last year was given some concrete parameters in February by crypto analytics startup Crypto Head. It released a report showing that the crypto companies that spent the most money on lobbying in 2021 were Robinhood, Ripple Labs, Coinbase and the Blockchain Association. These organizations were the lobbying leaders during the past five years as well, although with different rankings. Here…

BREAKING NEWS: Bitcoin Legal Tender In Arizona?!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io SoFi is the exclusive partner app of The Best Business Show. Visit for more info and start investing today Subscribe to the NEW Best Business Show Live Channel. This channel will be only be clips from the show only going forward The Best Business Show Is LIVE 11AM-1PM EST Monday – Friday discussing Bitcoin, Finance, Crypto & everything in between. Check out our Store! View open jobs in crypto: Enroll in my crypto academy: Pomp writes a daily letter to over 185,000…