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New covid , New crypto problem

🔸The Omicron, Covid’s latest variant, is threatening human lives globally and also advancing into crypto prices. The markets took a big hit with several assets shedding a large portion of their values.

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4 cryptocurrencies to watch in 2022

🔸As we enter 2022, all eyes are looking to see what’s next in crypto. By now, blue-chip tokens like Bitcoin and Ether are familiar to anyone who’s had even a passing interest in “hodling.” And with Bitcoin now regularly trading around $60,000 and Ether at north of $4,000, some investors may be scouting for less established cryptocurrencies that may offer bigger returns.

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Crypto market and bitcoin price

🔸Binance Coin has reclaimed $610 after a 5% daily surge. Solana (8.5%), Cardano (6%), Ripple (6%), Polkadot (8.5%), Dogecoin (3.5%), Avalanche (4.5%), Shiba Inu (4.5%), and Terra (6.5%) are all well in the green as well.


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Why BTC Could Revisit $60K

🔸If bitcoin fails to clear the $58,000 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $57,200 level.

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dogecoin and shiba inu’s feuture

🔸Dutch millionaire and former member of the country’s left-wing green party, Zihni Özdil, has tweeted that he is bullish on Shiba Inu and Dogecoin .Özdil notes that both of them have formed the bull flag pattern, which typically precedes a price uptrend after a long period of consolidation.


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Analyst resilient says Bitcoin price will still hit $100,000

🔸Bitcoin bull and Chief Market Strategist at InTheMoneyStocks, Gareth Soloway, has predicted that Bitcoin price would still surge to $100,000 but said it may arrive at that level in 2023.


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$200 Million Worth Shiba Inu and Other Tokens Stolen from BitMart Exchange

🔸Cayman Islands-headquartered cryptocurrency exchange BitMart has suffered a $200 million hack, according to data provided by blockchain security company PeckShield.


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Introducing White Whale’s IDO: THE BOOTSWAP

🔸Over the last few months, there have been several token launches on Terra. What has been noted, is that there have been two major challenges that continue to occur. First, the initial liquidity pools are just not deep enough. This causes an outrageous manufactured initial price pump, making all the insiders feel really good, but is quite unfortunate for the retail buyer as they are not part of that initial purchase.

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WhatsApp launches cryptocurrency payments pilot in the US

🔸WhatsApp has launched a new pilot that lets a “limited number” of people in the US send and receive money from within a chat using cryptocurrency. The feature is powered by Novi, Meta’s digital wallet that launched as a pilot six weeks ago, with payments made using Pax Dollars (USDP), a stablecoin pegged to the US dollar issued by Paxos. The news was announced by Novi’s incoming head Stephane Kasriel and WhatsApp’s Will Cathcart.


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Polygon Makes USD 400M Bet On Ethereum Scaling, Pepsi Goes NFT

🔸Global soft drink giant Pepsi announced its first non-fungible token (NFT) series called the Pepsi Mic Drop genesis collection. Pepsi is creating 1,893 (to mark the year Pepsi was ‘born’) unique generative-style NFTs that will go live on the Ethereum blockchain on Friday, December 10, free for users (outside of gas fees).

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Big Brands Are Chasing Crypto and Metaverse Hype

🔸Multi-billion dollar brands are rushing into the Metaverse by purchasing NFTs, buying ENS domains, and adopting crypto-speak.

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NFTs win, DeFi loses, rest remains unchanged

🔸The Financial Action Task Force has laid out its perspective on crypto, including its views of nonfungible tokens and decentralized finance.

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Federal Reserve Chairman: I don’t see cryptocurrencies as a threat to US financial stability

🔸Jerome Powell, chairman of the US Federal Reserve, told a news conference that although the government should consider cryptocurrency developments, he did not see cryptocurrencies as a concern for the financial stability of US markets. “If the Stables are properly regulated, they can become a useful and efficient part of the financial system,” he said of the Federal Reserve.

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FED’s Powell Doesn’t Think Crypto Risks Financial Stability

🔸The crypto market cap has moved up to $2,2 trillion after the Fed announced they would double the tapering of bond purchase and interest rates will stay the same for now. Fed’s chairman Jerome Powell held a news conference after the decision was taken where he approached several issues on the United States economy and current concerns for its financial stability.

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Bill Gates :Most upcoming business meetings are in Metaverse

🔸Bill Gates has opined about future world changes: “I think that in the next three years, the number of working sessions with the presence of avatars will be more than in the real world. The founder of Microsoft believes that in the next two to three years, meetings will be transferred from 2D virtual environment to Metaverse and 3D space, and digital avatars of humans will hold these meetings.


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Could Legacy Brand Radio Shack Redefine Itself Through… DeFi?

🔸RadioShack was a technology hallmark in the late 1990s. Big box stores dominated the emergence of new technological innovations when personal computers, cell phones, printers, and the like all started to hit the market and were host to a fast race to be a leader in innovation.



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Bitcoin is the most searched cryptocurrency in Colombia

🔸Bitcoin will be the most used crypto by Colombians in 2021. The market leader crypto gained priority in the country after showing an ATH of $58,000 for March and eventually exceeding the figure to $61,000 in October. The appeal to BTC not only skyrocketed in Colombia but in its neighboring country Venezuela, which is going through a serious financial crisis.

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What is a Pyramid scheme and how is it different from a Ponzi scheme?

🔸The Ponzi scheme is absolutely a fraud and is legally problematic, but the Pyramid scheme structure, while problematic, can also be legally acceptable. Of course, the unsustainable development of Pyramid schemes increases the chance of becoming illegal.

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1,075 #BTC (50,633,558 USD) transferred from #Binance to #Xapo

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138,072,203 #BUSD (138,072,203 USD) minted at #Binance

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