Author: Crypto Global News

Love Them or Hate Them: Cryptocurrencies Are Here To Stay By CNBS News Bitcoin has come a long way since someone or a group of someones under the name Satoshi Nakamoto wrote a paper in 2008 about how to harness computing power around the world to create a digital currency that can’t be double-spent. Love cryptocurrencies or hate the very idea of them, they’re becoming more mainstream by the day. Cryptocurrencies have surged so much that their total value has reached nearly $2.5 trillion, rivalling the world’s most valuable company, Apple, and have amassed more than 200 million users. At…

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Younger Investors Are Treating Crypto Trading Like a ‘Competition’ With Their Friends, UK Regulator Says By London Times 69% of under-40 traders investing in cryptocurrencies incorrectly believe they’re regulated, according to the U.K. Financial Conduct Authority. 68% of younger traders compared investing in cryptocurrencies and other high-risk products to gambling, the regulator said. The FCA previously warned a “new, younger, more diverse group of consumers” was getting involved in higher risk investments. LONDON — Most cryptocurrency investors under the age of 40 don’t realize it isn’t a regulated product, according to the U.K. Financial Conduct Authority. Cryptocurrencies are not regulated…

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Bitcoin’s Super-Swift Rebound May Have Been Made in China By London Times Bitcoin, the biggest of the cryptocurrencies, nearly set a new all-time high this weekend. That wouldn’t be so surprising, given the way that the price has shot ever closer to the moon over the last decade. But the speed with which the digital currency has rebounded from its latest selloff suggests that something is changing. This is what the dollar value of bitcoin has done over the last decade, shown on a log scale: The cryptocurrency has enjoyed a series of vertiginous ascents or speculative climaxes, sold off…

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All Jordan Belfort Needed To Do Was Have #diamondhands, and He Would Have Been a Billionaire By Tolga Kumova All Jordan Belfort @wolfofwallst needed to do was have #diamondhands, and he would have been a billionaire. Another example of a microcap with the worst possible start in life to mature into a globally recognised brand. But hey, at least he taught us how to sell a pen! Original Source: https://twitter.com/kumovatolga/status/1449616653063385091?s=21

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Bitcoin Eyes $50,000, Dogecoin Surges 8% By London Times Bitcoin price today is making a push back to $50,000 for the first time since El Salvador’s checked rollout of the largest cryptocurrency as legal tender at the start of September. Bitcoin was trading nearly 3% higher to $49,407. Bitcoin had plummeted from more than $52,000 per coin, over 17% on September 7 after El Salvador became the first country to adopt Bitcoin as legal tender as the rollout stumbled in its first hours. Other cryptocurrency prices today were mixed with ether, the coin linked to ethereum blockchain and the second largest…

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Who Holds All the Bitcoin? By London Times Funny to see Chinese government having control on almost of 1% of #BTC supply, while they’re making illegal to normal people. For anybody who’s asking where did they found it, remember that last year in November China seized $4.2 billion cryptos from PlusToken Ponzi crackdown. Back than they were worth $4.2B but right now the value is higher. Chinese government seized a total of 194,775 #BTC, 833,083 #ETH, 1.4 million #LTC, 27.6 million #EOS, 74,167 #DASH, 487 million #XRP, 6 billion #DOGE, 79,581 #BCH, and 213,724 #USDT Here’s what others had to say:…

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U.S. Should Do ‘Exact Opposite’ of China on Crypto, Says Andreessen Horowitz’s Katie Haun By MacKenzie Sigalos In considering how to regulate the crypto industry, the U.S. should look to China for what not to do, said Katie Haun, a partner at Andreessen Horowitz. “This is an opportunity for the United States, because we should be doing the exact opposite in my mind in this realm of what China is doing,” Haun, a former federal prosecutor who now helps manage Andreessen Horowitz’s crypto investments, said on Wednesday at CNBC’s Delivering Alpha conference. Earlier this year, China created its own digital currency,…

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The Fight To Control the $2.7 Trillion Crypto Market Is Heating Up By London Times It’s not that governments like China are banning cryptocurrencies because they necessarily expect the technology to fail. It’s that they want to be in charge of an experiment with potentially trillions of dollars in play. With its latest move, China joins a small list of nations that are crypto prohibitionists. And it is a swing in the opposite direction of El Salvador, which adopted bitcoin as legal tender this year and was lauded by libertarians as well as bitcoin believers. In the US, where crypto…

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Twitter To Add Bitcoin Lightning Tips, NFT Authentication By London Times Twitter users on Apple’s iOS will now be able to connect third-party tipping services to their profile on the social media site. That will include the ability to link both Bitcoin addresses and Lightning Network addresses. Twitter also announced today that it will add non-fungible token (NFT) verification features to the platform, a key step in the evolution of the booming trend for unique digital art, particularly as social media avatars. No specific timeline was laid out for the feature, which remains in development. The “Tips” feature will roll out…

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A $1,000 Investment in Dogecoin a Year Ago Would Be Worth Nearly $85,000 Today By London Times Cryptocurrency adoption continues to grow in 2021, with more than 300 million crypto users worldwide and 18,000 businesses already accepting crypto payments. Although Bitcoin and Ethereum, as the world’s largest digital coins, still hold the biggest ownership rates in the crypto space, Dogecoin climbed high on the list of the most popular crypto investments, with an impressive investment return. According to data presented by Mejores Apuestas, a $1,000 investment in Dogecoin a year ago would be worth nearly $85,000 today. Dogecoin’s Price Jumped 45 Times…

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