Cryptocurrency Price News – Shiba Inu Rises On Coinbase As Bitcoin Rises After Jack Dorsey Reveals Plans For Mining

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SHIBA Inu Coin will be available on Coinbase on Tuesday, as will Bitcoin after Square CEO Jack Dorsey announced that the company plans to get into crypto mining with this currency.

“Square is considering building a custom silicon and open source Bitcoin mining system for individuals and businesses worldwide,” CEO Dorsey said in a tweet on Friday.

“If we do this, we would be following our hardware wallet model: building in collaboration with the community in the open.”

Bitcoin’s price hit a six-month high of $ 62,000 after the tweet. Business Insider reported.

Both Bitcoin and Shiba Inu stay up on Tuesday, according to Coinbase.

There were also some changes in crypto prices after President Biden’s statement highlighted potential pitfalls in the currency such as ransomware and other cyber threats.

Joe Biden’s statement said, “Cyber ​​threats can affect any American, any business, regardless of size, or community.

Read our live cryptocurrency blog for the latest news and updates …

  • LITECOIN VS. BITCOIN

    Litecoin, which was founded in 2011 by Google engineer Charlie Lee, works in a similar way to Bitcoin.

    Mr. Lee occasionally refers to Litecoin as the “silver of Bitcoin’s gold”.

    The two cryptocurrencies behave similarly when setting up their global payment processes. Both are not controlled by financial institutions.

  • WILL LITECOIN BEAT $ 500? CONTINUATION

    Chances are that this also helped give Litecoin a boost.

    Litecoin price could exceed $ 255 in 12 months, according to Wallet investor.

    But towards the end of 2026, wallet investor sees Litecoin topping $ 557.

  • WILL LITECOIN BEAT $ 500?

    Litecoin initially exploded to $ 412.96 – closer to the $ 500 mark than ever before.

    However, Litecoin is now trading at $ 174.90. Litcoin is up 3% in the past 24 hours.

    While China has banned all cryptocurrency transactions, big brother Bitcoin has won thanks to recent positive news from the US

  • WHAT IS LITECOIN?

    As the name suggests, the cryptocurrency is small.

    But Litecoin, which was founded in 2011 by Google engineer Charlie Lee, works in a similar way to Bitcoin.

    Mr. Lee occasionally refers to Litecoin as the “silver of Bitcoin’s gold”.

    The two cryptocurrencies behave similarly when setting up their global payment processes. Both are not controlled by financial institutions.

  • CRYPTO LOCK? (SECOND PART)

    The therapist says that Bitcoin addicts are often addicted to drugs and alcohol.

    He said, “Usually people start because they want to buy things from the dark web. And that is only possible with cryptocurrency.

    “The biggest problem is this cross addiction [with crypto] begin – through drugs and alcohol. “

    Since 2017, Tony has treated 15 crypto addicts.

    Users travel from the US, Dubai, Malta and the Netherlands to receive treatment at the clinic.

    Tony says too many stories about Bitcoin are about people who made fortunes – not traders who gambled their lives away.

  • CRYPTO LOCK?

    A rehab clinic in Scotland claims to be the first in the world to treat cryptocurrency addiction.

    Castle Craig, a private hospital in Peeblesshire near Edinburgh, saw Bitcoin addict admissions increase by a factor of 10 over the past year.

    The clinic is overseen by therapist Tony Marini, who claims to be the first doctor to realize that crypto trading is very similar to gambling.

    He says most addicts start trading occasionally before frequent wins feed their dopamine cravings and dream of making millions.

    Tony told Decrypt: “If you say to someone who operates cryptocurrencies, ‘So you play occasionally’, they will say, ‘No, I don’t.’

    “So remove the word gambling and say ‘trade occasionally’.”

  • WHAT WILL MEASURE THE PERFORMANCE OF BITCOIN ON WALL STREET?

    The S&P Bitcoin Index, S&P Ethereum Index, and S&P Crypto Mega Cap Index will measure the performance of their associated digital assets after digital currencies like Bitcoin and Ethereum start trading on Wall Street Money control.

  • DOW JONES CRYPTO TRADING EXPERT ON WALL STREET

    Some cryptocurrencies are brought to the Wall Street trading rooms, Money control reported.

    “Traditional financial markets and digital assets are no longer mutually exclusive markets,” said Peter Roffman, global head of innovation and strategy at S&P Dow Jones Indices.

  • CAN BEAT BITCOIN $ 70,000, CONTINUATION

    In a year, Wallet investor sees the price of Bitcoin above $ 86,000.

    In five years, the price is expected to rise to $ 209,033.

    In the meantime, Economy watch predicts Bitcoin price will peak again in April at $ 64,000 by the end of the year.

    Then, in early 2022, Economy Watch determines that Bitcoin is “heading for the $ 70,000 mark”.

  • CAN BITCOIN REACH US $ 70,000?

    To reach $ 70,000, Bitcoin would have to rise 23 percent in the remaining days of the year.

    And the way things play out, Bitcoin could break the $ 70,000 mark by the end of the year.

    End of 2021, Coin Price Forecast sees the price rise to $ 79,576. It is expected to be worth $ 71,386 by mid-2023.

  • DIGITAL WALLET, CONTINUED

    As with other cryptocurrencies, people can buy and sell libras on traditional currency exchanges.

    Facebook said its alternative currency is paving the way for smoother online transactions and payments.

    However, the project encountered regulatory opposition due to safety and reliability concerns.

    In December 2020, Libra changed its name to Diem and relocated its activities from Switzerland to the USA as part of a “strategic shift”.

  • WHAT IS A DIGITAL WALLET?

    A digital wallet is a gadget or software that securely stores users’ payment information and passwords for a variety of payment methods.

    They allow users to store cryptocurrencies, make online or in-store purchases, and keep track of their finances.

    In 2019, Facebook announced that it would introduce a cryptocurrency that was then called Libra.

    The tecg titan said it wanted to create a separate, private currency system to allow users to make cross-border payments more easily.

  • CRYPTO AUDIO STREAMING, CONTINUED

    According to Audius, over 5.3 million people used the platform this month.

    Audio has been listed on CoinMarketCap since October 2020 and has appreciated in value following a deal with Chinese social media giant TikTok.

  • CRYPTO AUDIO STREAMING

    Audius is a crypto-powered music streaming platform.

    It is owned and controlled by token holders – and tokens are known as audio.

  • SWISS REGULATOR APPROVES FIRST CRYPTO FUND

    The Swiss Financial Market Authority has approved the first Swiss crypto fund, Bitcoin.com reported.

    FINMA announced that the fund is called “Crypto Market Index Fund”.

    It is “an investment fund under Swiss law in the ‘other funds for alternative investments’ category with special risks”.

  • ALEXIS OHANIAN ON ETHEREUM CO-FOUNDER, VITALIK BUTERIN, CONCLUSION

    “I’ve never been so excited about the potential of the Internet,” said Ohanian added.

    “And that is mainly thanks to Vitalik Buterin.”

    Buterin is the co-founder of Ethereum and co-founder of Bitcoin Magazine in 2011.

  • ALEXIS OHANIAN ON ETHEREUM CO-FOUNDER, VITALIK BUTERIN, CONTINUED

    “No one could possibly have found all the uses for Ethereum, but it took someone’s idea to get started,” added Ohanian of Buterin.

    “From then on, a new world has opened up and new ways of using blockchain technology have emerged – in which I have invested in some.”

    “Whether startups like Sorare are reinventing fantasy sports or Rainbow users showcasing their NFT collections, none of this would have existed without Vitalik’s creation.”

  • ALEXIS OHANIAN ABOUT CO-FOUNDER OF ETHEREUM, VITALIK BUTERIN

    “Thanks to Reddit’s r / Ethereum community, I have had the privilege of following Vitalik Buterin’s career from the very beginning, so I take some pride in seeing his legacy grow.” Ohanian wrote about the programmer.

    “Sure, we can talk about the value he co-founded the platform, including Ethereum’s impressive market cap of around $ 400 billion, the dazzling world of decentralized apps, and this year’s boom in NFT trading.”

    “What makes Vitalik so special, however, is that he is a builder.”

  • ONE OF THE CO-FOUNDER OF ETHEREUM IS CALLED A TIME 100 MOST INFLUENCING PERSON

    One of the co-founders of Ethereum, Vitalik Buterin, was named one of the by Time Magazine The 100 Most Influential People of 2021.

    Former editor-in-chief Alexis Ohanian praised him in a letter for the play.

  • EXPERT COMMENTS ON THE VALUE OF TETHER

    Despite its claims to be a stablecoin, Tether has still seen spikes and falls, noted Susannah Streeter, senior investment and market analyst at Hargreaves Lansdown, in May.

    She told The Sun: “It has also been criticized for a lack of transparency, has had to settle US lawsuits, and the currency is banned in New York state.”

  • WHAT IS TETHER?

    The Tether cryptocurrency, also known as the. is known USDT, was officially launched as Realcoin in 2014, but has since changed its name.

    It is referred to as “stablecoin,” a type of cryptocurrency that aims to keep crypto values ​​stable.

    Tether wants to achieve this by pegging the price to a regular “fiat” currency such as US dollars, euros or the Chinese yuan.

    Tether claims to keep the values ​​stable by holding reserves in that currency with a bank.

  • PRESS TO MEXICO TO EL SALVADOR. TO FOLLOW

    In early October, Grupo Elektra, a leading bank and retail company in Mexico, supported Bitcoin by introducing the Bitcoin Lightning Network as a payment method.

    However, Mexico’s central bank quickly knocked out the plans, warning: “The country’s financial institutions are not authorized to conduct operations with virtual assets such as Bitcoin, Ether, XRP and offer them to the public.”

    Many of the country’s lawmakers are still against Bitcoin, despite having to contend with high inflation rates due to the ongoing devaluation of its currency.

  • NO RULES

    In other words, don’t invest more than you can afford to lose or in something you don’t understand.

    Cryptocurrencies are also particularly volatile and their values ​​can fluctuate widely without notice.

    There is little regulation for crypto companies, leaving you with no protection if and when something goes wrong.

  • VOLATILE PRICES AND DEMAND

    Myron Jobson, Interactive Investor’s personal finance activist, told The Sun, “It’s difficult to predict the price of something that has zero intrinsic value.”

    “All it takes is a tweet from high profile people who have a significant impact on sentiment about cryptos to drive demand.”

    “But stronger regulatory control over cryptos threatens to hamper Shiba Inu’s growth potential.”

  • RISKS OF INVESTMENT IN KRYPTOS, PART FIVE

    Finally the truth in Promotional material is a risk when investing in cryptos.

    Companies can overestimate the return of products or underestimate the risks involved.



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