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“CRYPTO THIS WEEK!!” 👨👩👦👦 NEWS EDITION! 📰
Hello, fam! Crypto Casey, here 👋 and I’m on a mission to improve people’s lives through #crypto education. In this important video we curate recent #news to give you the big picture: Twitter + Stripe’s crypto payments ➜ Dogecoin bullish? ApeCoin (APE) ➜ largest metaverse token! Argent ➜ de facto wallet for gaming? Polygon ➜ protocol of choice for Web3 ecosystem? Crypto adoption ➜ legal tender (Central African Republic), Buenos Aires (crypto for tax), Goldman (Bitcoin-backed lending), and more. Let’s jump in!
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TOPICS: crypto news for this week, where to get crypto news, how to get crypto news first, best crypto analysts to follow, what is crypto news today, crypto news now, curated crypto news, best recap of crypto news, crypto news summary, will elon musk and twitter join forces, what payment method will twitter use, what metaverse projects are growing, what will happen to the price of dogecoin, what is the protocol of choice for web3, crypto industry predictions.
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DISCLAIMER: The information contained herein is for informational purposes only and not to be construed as financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
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Cryptocurrency, also known as bitcoin, is a digital asset that allows people to transfer value online without the need of a middleman. It can be used to conduct global transactions and is available on a 24-hour, round-the-clock basis. There is no central government that controls crypto currency, but a network of computers runs on free open-source software that is open to anyone. In addition, it is not subject to exchange restrictions.
Because cryptocurrency is not tied to any one country, it can be used as a medium of exchange when traveling abroad. You can also save money by using cryptocurrency while traveling abroad. You can buy land, sell avatar clothes, and visit virtual art galleries. This digital currency is also a good gift for friends and family who may not have the means to invest in a physical currency. There are a lot of reasons why you should use cryptocurrency when traveling. You can’t lose money on exchanges, and you can save a lot on fees.
Despite the rising popularity of cryptocurrency, it is not without its share of volatility. On Monday, the cryptocurrency market was trading in the doldrums amid rising global turmoil tied to interest hikes and economic uncertainty. A number of altcoins experienced steep losses. Avalanche, Solana, and Cardano all dropped by more than eight per cent as a result. The price of bitcoin is now down nearly $11,000 from its peak of $48,000 on March 28.
The regulation of cryptocurrency is still in flux in the United States, though some states have taken steps to regulate the industry. New York, for example, requires that exchanges have a BitLicense and only allow companies that have this license to offer approved coins. However, most states are not as rigid, though many are stepping up their efforts to regulate cryptocurrency. There are currently 31 state legislatures slated to vote on digital currency legislation in the 2021 legislative session.
In addition to a wide range of exchanges, it’s also essential to find one that has enough volume to facilitate a transaction. This will ensure that the coins you hold are liquid and easy to sell when you want to. Popular exchanges are usually the best places to invest in crypto, though there are a number of drawbacks. You should always do your homework before entering the crypto world. However, if you plan to invest in the crypto market, make sure you choose a trustworthy exchange.
Another important thing to remember about cryptocurrency is that it carries a huge amount of risk. All investing involves some risk, and crypto is no exception. In addition, it’s also highly volatile, with wildly fluctuating prices. If you are unsure of the risks involved, talk to someone who’s more experienced in crypto investments. Finally, you’ll need to store your cryptocurrency, either on an exchange or in a digital wallet. Each has its own technical requirements and advantages, so it’s crucial to research the different options before investing.