Month: July 2022

Why The Crypto Industry Was Exported Out Of China I CRYPTOLAND

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Introducing CRYPTOLAND, Motherboard’s new documentary series about all things crypto. Watch more episodes here: The Chinese government has long tried to stamp out cryptocurrencies in the country with varying levels of success. In 2021, a ban on mining finally sent firms packing and seeking countries like Kazakhstan with friendlier stances toward crypto mining. They’ve also found homes in towns all over the US, where companies are encountering both support and criticism from locals, as well as politicians at the state and federal…

US Lawmaker Demands Answers From Apple and Google on Measures Against Fake Crypto Apps – Featured Bitcoin News

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A U.S. lawmaker has demanded answers from Apple CEO Tim Cook and Google CEO Sundar Pichai about their measures against fake cryptocurrency apps appearing in the Apple App Store and the Google Play store. “Millions of Americans use mobile apps to invest in unregulated digital assets,” said Senator Sherrod Brown. “Reports have emerged of fake crypto apps that have scammed hundreds of investors.” U.S. Senator Questions Chief Executives of Apple and Google on Fake Crypto Apps Senator Sherrod Brown (D-OH), chairman of the Senate Committee on Banking, Housing, and Urban…

Warren Buffett: Why You Should NEVER Invest In Bitcoin (UNBELIEVABLE)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Warren Buffett is the greatest investor of all time. In this video you will hear his opinion on Bitcoin, including the new 2021 comments! Very important to watch this regardless of your attitude to cryptocurrencies (and absolutely necessary if you own any of them!) As Charlie Munger says, “If you disagree with somebody, you want to be able to state their case better than they can.” And at that point you’ve earned the right to disagree with them. Warren E. Buffett is…

Why Is Alchemy Pay (ACH) On The Rise? – Press release Bitcoin News

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press release PRESS RELEASE. July has seen a jump in crypto prices, and none more so than the utility token of Alchemy Pay, ACH. ACH saw a 43% increase in just 24 hours on July 20th, making it crypto’s biggest gainer. ACH has also broken into the TOP 10 most searched tokens on almost every crypto site over the past two weeks, including Coingecko and Coinmarketcap. The ACH token has seen so much interest that Binance is now supporting it for margin trading – unusual for a project of Alchemy…

New Milestone May Be The Kick Dogecoin Needs To Break $0.1

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  Dogecoin has been enjoying the love being shown to it by prominent figures in the space, such as Elon Musk and Mark Cuban. However, the digital asset has not been faring well since hitting its all-time high of $0.7 in the middle of 2021. The decline in price that followed has seen Dogecoin lose more than 90% of its value since then. But a new development has begun to paint a bullish picture for the digital asset. New Dogecoin Addresses Soar One of the reasons that Dogecoin’s price has…

ECB Economists Suggest Limiting Access to Digital Euro to Protect Banks – Finance Bitcoin News

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A group of economists evaluating the potential effects of a digital euro have insisted that restricting access to the upcoming currency is necessary to preserve the current financial system. Their study follows an earlier proposal to limit digital euro deposits at the European Central Bank (ECB) to €3,000 per person. Limited Availability of Digital Euro Expected to Prevent It From Becoming Too Popular Europeans’ access to a digital euro should be restricted to prevent a flight of capital from deposits at commercial banks, according to a report published by the…

If a Recession Fell Over in the Woods, Would it Make a Sound? – Blockchain News, Opinion, TV and Jobs

By Adrian Kenny, Senior Sales Trader at the publicly listed digital asset broker GlobalBlock  The week has continued a very welcomed up trend, at the time of writing, with Bitcoin sitting at a price of $23,911.13. After briefly hitting the 24k mark earlier this week, the digital asset continues to consolidate within this range comfortably for now, at least in the short term. The Crypto, and wider markets in general, have seen somewhat of a relief rally in the last few days. This uptick is off the back of the news the…

Will the Bitcoin mining industry collapse? Analysts explain why crisis is really opportunity

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Bitcoin mining involves a delicate balance between multiple moving parts. Miners already have to face capital and operational costs, unexpected repairs, product shipping delays and unexpected regulation that can vary from country to country — and in the case of the United States, from state to state. On top of that, they also had to contend with Bitcoin’s precipitous drop from $69,000 to $17,600.  Despite BTC price being 65% down from its all-time high, the general consensus among miners is to keep calm and carry on by just stacking sats,…