Today we are discussing the Federal Reserve raising rates for the first time since 2018 and what that could mean for the crypto markets, next we’ll take a look at Ripple partner The Clearing House and their collaboration with Wells Fargo to take on the S.W.I.F.T payment system, and last but not least we’ll talk about Instagram and their announcement that NFTs would soon be mint able on the platform.
Around the Blockchain is your favorite Cryptocurrency show discussing Bitcoin, Ethereum, Cardano, and the top altcoins. Our four crypto experts include Altcoin Daily, WendyO, Mine Your Biz, & Ben Armstrong. Tune in for their insightful crypto analysis.
Don’t forget to check out our guests’ socials!
Altcoin Daily:
https://www.youtube.com/c/AltcoinDaily
https://twitter.com/AltcoinDailyio
Wendy O:
https://www.youtube.com/c/CryptoWendyO
https://twitter.com/CryptoWendyO
Mine Your Biz:
https://www.youtube.com/channel/UCCEEDxLdthvjhsVI0b6XyhQ/featured
https://twitter.com/mineyour_biz
Ben:
https://www.instagram.com/dadjokesftw
Intro music by Gregario Franco. Song – Nacht
https://gregoriofranco.bandcamp.com/
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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.
While the rise of blockchain technology and crypto currency has been accompanied by speculative fever, these technologies are not without their drawbacks. The first problem is that many people don’t have access to banks. The second problem is that most people do not have access to a computer, mobile phone, or ATM. The simplest solution to these problems is to use a bank. However, while it may be a good idea to use a bank, this option may not be as practical as some investors believe.
One problem with cryptocurrency is that it lacks the protections that traditional financial products have, like chargebacks and refund policies. This makes it more vulnerable to fraud and other types of fraud. The last thing you need when purchasing goods and services using cryptocurrencies is to lose them. The most basic protection is the ability to get your money back if you sell it later. With traditional financial products, you can always cancel the transaction, and you can’t get your money back.
Another problem is the lack of regulation. While cryptocurrencies are generally considered a safe form of investment, they aren’t suitable for everyone. Before making your investment, ask yourself what you hope to achieve from it. Are you looking for a simple digital currency to use for transactions? Do you want to use the underlying technology to make decentralized applications? There are many types of cryptocurrencies. Bitcoin, which was the first, is still the most popular one. Ethereum is also used to carry out more complex financial transactions. Other popular cryptocurrencies include Cardano and Solana.
Cardano is another open source blockchain platform. Created by the co-founder of Ethereum, Cardano aims to make identity and financial services accessible to everyone. Its development is based on peer-reviewed research, which means it tends to move slower than other projects. It was the first major cryptocurrency to use proof-of-stake rather than proof-of-work to ensure fairness. It currently trades for $1.15 per ADA, and is currently the seventh largest by market cap as of January 2022.
Dogecoin was originally designed as a joke in 2012 but has since become a major currency. Its name was derived from the doge meme. It’s still known as “Dogecoin” and is backed by Facebook and PayPal. In addition to being a joke, it’s a serious investment that has become a popular way to make purchases online. While there are some risks associated with the cryptocurrency market, it’s definitely worth exploring.
Some companies are adopting crypto as a way to reduce costs. For example, the technology can save money on transaction fees. Moreover, crypto adoption does not require a major financial overhaul. The benefits of the technology are significant. It can change the nature of your company. You need to find a champion for your cryptocurrency initiative. It’s important to find an internal and external partner to help you achieve your goals. This person will be a crucial part of the process, ensuring that the cryptocurrency industry can be successful.
