Cryptonewsdaily
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California is at the forefront of #blockchain adoption with its DMV tokenization project. The plan to tokenize 14M vehicle titles will reduce transfer times, promote automation, and reduce fraud. #BlockchainTechnology #Tokenization #BinanceFeed #cryptonews #Cryptonewsdaily
To enhance and cultivate talents in the digital space, the Beijing government in China seeks to train 10,000 engineers in cutting-edge technologies like blockchain, big data, metaverse and artificial intelligence (AI).
#Blockchains #Metaverse. #ArtificialIntelligence." #crypto2023 #Cryptonewsdaily
#Blockchains #Metaverse. #ArtificialIntelligence." #crypto2023 #Cryptonewsdaily
US House Committee on Financial Services & House Committee on Agriculture have released a discussion draft proposing a regulatory framework for crypto industry.
#crypto #crypto2023 #Cryptonewsdaily
#crypto #crypto2023 #Cryptonewsdaily
What are cryptocurrencies?
Cryptocurrencies are alternative currencies that enable people to make payments over the internet. They use blockchain technology to provide a secure and transparent way to transfer money.
Blockchains use cryptography to record transactions, providing a transparent way to view and store information without the risk of being tampered with. Cryptocurrencies do not have a central managerial authority, and individuals are empowered to make transactions in a peer-to-peer manner without the involvement of middlemen.
Things to consider before investing in cryptocurrency
Before you begin investing in cryptocurrencies for the long term, remember that this is for your future. Make well-informed, smart decisions all the way.
Evaluate your personal financial goals. Be honest with how much you’re willing to invest from your monthly disposable income, how long you want to invest, and the corpus amount you’re expecting towards the end of your investment. Long-term investing can help you reduce your investment expenses and reinvest possible gains.
The inherent volatility of cryptocurrencies. The crypto market is maturing fast, and, as such, it has a higher volatility than some other asset classes.
Next, fix how much of your portfolio you want to allot to cryptocurrencies. An ideal investment to begin with would be 2-5% of your portfolio. This way, the asset class remains established in your portfolio, although the exposure is kept limited!
Determine your risk profile. Decide how much risk you are willing to take on with your investments. If you are risk neutral, consider investing in blue-chip cryptocurrencies. However, if you’re willing to take more risk, you can consider lower market cap altcoins for your investment. The cryptocurrency market, just like the broader financial markets, is often affected by external factors, including global events, tech advancements, market sentiment, speculations, and changes in the legal landscape.
#CryptoTalks #Cryptonewsdaily
Cryptocurrencies are alternative currencies that enable people to make payments over the internet. They use blockchain technology to provide a secure and transparent way to transfer money.
Blockchains use cryptography to record transactions, providing a transparent way to view and store information without the risk of being tampered with. Cryptocurrencies do not have a central managerial authority, and individuals are empowered to make transactions in a peer-to-peer manner without the involvement of middlemen.
Things to consider before investing in cryptocurrency
Before you begin investing in cryptocurrencies for the long term, remember that this is for your future. Make well-informed, smart decisions all the way.
Evaluate your personal financial goals. Be honest with how much you’re willing to invest from your monthly disposable income, how long you want to invest, and the corpus amount you’re expecting towards the end of your investment. Long-term investing can help you reduce your investment expenses and reinvest possible gains.
The inherent volatility of cryptocurrencies. The crypto market is maturing fast, and, as such, it has a higher volatility than some other asset classes.
Next, fix how much of your portfolio you want to allot to cryptocurrencies. An ideal investment to begin with would be 2-5% of your portfolio. This way, the asset class remains established in your portfolio, although the exposure is kept limited!
Determine your risk profile. Decide how much risk you are willing to take on with your investments. If you are risk neutral, consider investing in blue-chip cryptocurrencies. However, if you’re willing to take more risk, you can consider lower market cap altcoins for your investment. The cryptocurrency market, just like the broader financial markets, is often affected by external factors, including global events, tech advancements, market sentiment, speculations, and changes in the legal landscape.
#CryptoTalks #Cryptonewsdaily
Voyager Digital Holdings Inc. is preparing to reopen its app as soon as next week allowing crypto investors to withdraw their funds.
#VoyagerDigital #crypto2023 #Cryptonewsdaily
#VoyagerDigital #crypto2023 #Cryptonewsdaily
Elon Musk's Estimated Net Worth Drops Below $200 Billion For The First Time Since June
Elon Musk's net worth has dropped by billions of dollars, dropping to $193 billion, according to latest estimates by Bloomberg's Billionaire Index. The index is a daily ranking of the world's richest people, updated at the close of every trading day in New York. This is the first time since June that the Tesla CEO saw his fortune dip below $200 billion. Musk, who is the richest person in the world, owns 13% of Tesla and derives the majority of his wealth from the auto company.
Bloomberg's Billionaire Index report said that Mr Musk has lost $41 billion since Tesla's October 18 earnings call. The report says that Mr Musk's was $234 billion before the company's disappointing third-quarter results, according to CBS News.
Not just Tesla, Mr Musk also founded SpaceX and the Boring Company and has stakes in them which also contributes to his net worth.
According to Insider, Tesla's share price took a 10 per cent hit following the earnings. Tesla shares closed 4.8 % lower at $197.36 on Monday, down 21% so far this month. Although, the stock is up 60% so far this year.
#ElonMusk #Twitter #CryptoNews #Cryptonewsdaily
$DOGE
Elon Musk's net worth has dropped by billions of dollars, dropping to $193 billion, according to latest estimates by Bloomberg's Billionaire Index. The index is a daily ranking of the world's richest people, updated at the close of every trading day in New York. This is the first time since June that the Tesla CEO saw his fortune dip below $200 billion. Musk, who is the richest person in the world, owns 13% of Tesla and derives the majority of his wealth from the auto company.
Bloomberg's Billionaire Index report said that Mr Musk has lost $41 billion since Tesla's October 18 earnings call. The report says that Mr Musk's was $234 billion before the company's disappointing third-quarter results, according to CBS News.
Not just Tesla, Mr Musk also founded SpaceX and the Boring Company and has stakes in them which also contributes to his net worth.
According to Insider, Tesla's share price took a 10 per cent hit following the earnings. Tesla shares closed 4.8 % lower at $197.36 on Monday, down 21% so far this month. Although, the stock is up 60% so far this year.
#ElonMusk #Twitter #CryptoNews #Cryptonewsdaily
$DOGE
US Congressman Warren Davidson confirmed that they successfully blocked some proposed taxes by the Biden administration including 30% proposed tax on crypto miner's electricity bills.
#crypto #crypto2023 #Cryptonewsdaily
#crypto #crypto2023 #Cryptonewsdaily
The $9 trillion asset manager, BlackRock, is reportedly close to filing an application for a Bitcoin ETF.
#crypto #crypto2023 #Cryptonewsdaily
#crypto #crypto2023 #Cryptonewsdaily
Coinbase CEO Brian Armstrong said that regulating crypto isn’t “rocket science” and is confident that the United States will achieve regulatory clarity “even if it takes a while.”
#Coinbase #Cryptonewsdaily
#Coinbase #Cryptonewsdaily
Crypto exchange Binance removes various spot trading pairs, such as ACM/BUSD, ALPACA/BUSD, BAR/BUSD, LSK/BUSD, QTUM/BUSD, and TFUEL/BUSD.
#Binance #BNB #Cryptonewsdaily
#Binance #BNB #Cryptonewsdaily
Tesla CEO Elon Musk and Meta CEO Mark Zuckerberg prepare for a cage fight in the popular UFC ring Vegas Octagon.
#crypto2023 #Cryptonewsdaily
#crypto2023 #Cryptonewsdaily
🔥US House of Representatives Unveil Crypto Oversight Bill
Prominent Republican members of the US House of Representatives have unveiled a bill to provide a framework for governing crypto markets. The development follows the recent XRP ruling that many experts considered a positive direction for the industry.
The legislation will aim to clarify when and how firms should register with the SEC (Securities and Exchange Commission) or the CFTC ( Commodity Futures Trading Commission).
#Cryptonewsdaily
Prominent Republican members of the US House of Representatives have unveiled a bill to provide a framework for governing crypto markets. The development follows the recent XRP ruling that many experts considered a positive direction for the industry.
The legislation will aim to clarify when and how firms should register with the SEC (Securities and Exchange Commission) or the CFTC ( Commodity Futures Trading Commission).
#Cryptonewsdaily
Top 5 Services to Use Before and After Bitcoin Halving 2024
Maximize Bitcoin Halving 2024: Top 5 Services & Tools
The Bitcoin halving is a significant event that reduces the reward for mining new blocks by half, occurring approximately every four years. This event is pivotal for investors, traders, and cryptocurrency enthusiasts, as it has historically influenced Bitcoin's price and the broader crypto market. Here are five essential services to use before and after the 2024 halving to maximize your opportunities and navigate the market changes effectively.
1. NOWPayments - Your Go-To Crypto Payment Gateway
Before Halving: As the halving approaches, businesses and individual users can leverage NOWPayments to diversify their payment options. Offering customers the ability to pay in Bitcoin and other cryptocurrencies can not only increase sales but also position your business as a forward-thinking entity in the cryptocurrency space.
After Halving: Post-halving, the anticipated increase in Bitcoin's value could lead to a greater adoption rate among consumers. NOWPayments offers a seamless integration for businesses to accept crypto payments, capitalizing on the growing market while providing low transaction fees and real-time conversions, ensuring that businesses don't lose out on potential value fluctuations.
2. ChangeNOW - The Ultimate Crypto Exchange Experience
Before Halving: In anticipation of the halving, users might want to adjust their portfolios. ChangeNOW facilitates this by offering a non-custodial exchange service, allowing for swift and secure crypto-to-crypto exchanges. With no registration required, it's an excellent tool for those looking to quickly adapt their investments in response to market predictions.
After Halving: Volatility is a given in the crypto market following a halving. ChangeNOW can help users take advantage of this volatility through quick trades and a vast selection of trading pairs, including rare and popular cryptocurrencies. Its user-friendly interface makes it accessible to both novices and seasoned traders, ensuring that everyone can navigate the post-halving market with ease.
3. Crypto Wallets with Enhanced Security Features
Before and After Halving: Secure storage of your cryptocurrency is crucial, especially around significant events like the Bitcoin halving. Opting for wallets that offer advanced security features, such as hardware wallets or those with multi-signature capabilities, can provide peace of mind amid the anticipated market turbulence. You might want to look into options like non-custodial wallets like NOWwallet or hardware Ledger or Trezor.
4. Market Analysis Tools
Before Halving: Utilize market analysis tools and platforms that offer real-time data and predictive analytics like CoinMarketCap or Glassnode. These tools can help you make informed decisions by analyzing trends and the potential impact of the halving on cryptocurrency prices.
After Halving: Continuing to use market analysis tools post-halving will allow you to monitor the market's reaction and adjust your strategies accordingly. Keeping an eye on Bitcoin's price, trading volumes, and the overall market sentiment can offer insights into the longer-term effects of the halving. CryptoQuant that offers on-chain data, market indicators, and risk analysis to understand the fundamental factors driving the market.
5. Educational Resources and Communities
Before and After Halving: The importance of education cannot be overstated. Before the halving, familiarize yourself with the potential impacts and strategies through online courses, webinars, and community discussions. After the halving, continue to engage with these resources to stay updated on market developments and insights from other cryptocurrency enthusiasts and professionals. Good examples would be forums like Bitcointalk and websites like CoinDesk and Cointelegraph that publish the latest news, insights, and analysis on the crypto market.
By leveraging these services and tools, cryptocurrency users can navigate the pre- and post-halving landscape with confidence. NOWPayments and ChangeNOW, in particular, offer versatile platforms that can help users and businesses adapt to the changing market dynamics, ensuring they are well-positioned to take advantage of the opportunities presented by the Bitcoin halving.
Visit: CoinGabbar
#bitcoin #bitcoinhalving #Cryptonewsdaily #CoinGabbar #Cryptowallets
The Bitcoin halving is a significant event that reduces the reward for mining new blocks by half, occurring approximately every four years. This event is pivotal for investors, traders, and cryptocurrency enthusiasts, as it has historically influenced Bitcoin's price and the broader crypto market. Here are five essential services to use before and after the 2024 halving to maximize your opportunities and navigate the market changes effectively.
1. NOWPayments - Your Go-To Crypto Payment Gateway
Before Halving: As the halving approaches, businesses and individual users can leverage NOWPayments to diversify their payment options. Offering customers the ability to pay in Bitcoin and other cryptocurrencies can not only increase sales but also position your business as a forward-thinking entity in the cryptocurrency space.
After Halving: Post-halving, the anticipated increase in Bitcoin's value could lead to a greater adoption rate among consumers. NOWPayments offers a seamless integration for businesses to accept crypto payments, capitalizing on the growing market while providing low transaction fees and real-time conversions, ensuring that businesses don't lose out on potential value fluctuations.
2. ChangeNOW - The Ultimate Crypto Exchange Experience
Before Halving: In anticipation of the halving, users might want to adjust their portfolios. ChangeNOW facilitates this by offering a non-custodial exchange service, allowing for swift and secure crypto-to-crypto exchanges. With no registration required, it's an excellent tool for those looking to quickly adapt their investments in response to market predictions.
After Halving: Volatility is a given in the crypto market following a halving. ChangeNOW can help users take advantage of this volatility through quick trades and a vast selection of trading pairs, including rare and popular cryptocurrencies. Its user-friendly interface makes it accessible to both novices and seasoned traders, ensuring that everyone can navigate the post-halving market with ease.
3. Crypto Wallets with Enhanced Security Features
Before and After Halving: Secure storage of your cryptocurrency is crucial, especially around significant events like the Bitcoin halving. Opting for wallets that offer advanced security features, such as hardware wallets or those with multi-signature capabilities, can provide peace of mind amid the anticipated market turbulence. You might want to look into options like non-custodial wallets like NOWwallet or hardware Ledger or Trezor.
4. Market Analysis Tools
Before Halving: Utilize market analysis tools and platforms that offer real-time data and predictive analytics like CoinMarketCap or Glassnode. These tools can help you make informed decisions by analyzing trends and the potential impact of the halving on cryptocurrency prices.
After Halving: Continuing to use market analysis tools post-halving will allow you to monitor the market's reaction and adjust your strategies accordingly. Keeping an eye on Bitcoin's price, trading volumes, and the overall market sentiment can offer insights into the longer-term effects of the halving. CryptoQuant that offers on-chain data, market indicators, and risk analysis to understand the fundamental factors driving the market.
5. Educational Resources and Communities
Before and After Halving: The importance of education cannot be overstated. Before the halving, familiarize yourself with the potential impacts and strategies through online courses, webinars, and community discussions. After the halving, continue to engage with these resources to stay updated on market developments and insights from other cryptocurrency enthusiasts and professionals. Good examples would be forums like Bitcointalk and websites like CoinDesk and Cointelegraph that publish the latest news, insights, and analysis on the crypto market.
By leveraging these services and tools, cryptocurrency users can navigate the pre- and post-halving landscape with confidence. NOWPayments and ChangeNOW, in particular, offer versatile platforms that can help users and businesses adapt to the changing market dynamics, ensuring they are well-positioned to take advantage of the opportunities presented by the Bitcoin halving.
Visit: CoinGabbar
#bitcoin #bitcoinhalving #Cryptonewsdaily #CoinGabbar #Cryptowallets
Twitter's favorite crypto cynic and gold proponent Peter Schiff Twitter account is hacked. His son Spencer Schiff unveils the incident.
#crypto2023 #Cryptonewsdaily
#crypto2023 #Cryptonewsdaily
Based on the removal of the U.S. debt ceiling, Robert Kioysaki, the author of the famed Rich Dad Poor Dad book, believes this is the reason why the stock market is rising, hence investing in real assets like Bitcoin is of the essence.
#bitcoin #crypto2023 #Cryptonewsdaily
#bitcoin #crypto2023 #Cryptonewsdaily
Hong Kong police has launched a new Web3 platform known as “CyberDefender Metaverse” to educate public about the potential risks associated with Web3 and metaverse.
#crypto #crypto2023 #Cryptonewsdaily
#crypto #crypto2023 #Cryptonewsdaily
🔥#Cryptonewsdaily : #Indonesia is finally launching their own national #crypto exchange after many hiccups and delays🚀
Through the “Financial Innovation and Technology for the 21st Century Act,” U.S. lawmakers have introduced a new bill meant to protect investors by establishing a clear framework for crypto assets.
#crypto #crypto2023 #Cryptonewsdaily
#crypto #crypto2023 #Cryptonewsdaily