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NewsAboutCryptoOfThisYear
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Crypto Makki
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BREAKING NEWS ALERT ‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️ 🚨🚨 US House Fails to Overturn President's Veto on Cryptocurrency Accounting Policy According to BlockBeats, on July 11, the US House of Representatives voted on a resolution to overturn President Joe Biden's veto regarding the SAB 121 cryptocurrency accounting policy. The attempt did not succeed, leaving the US Securities and Exchange Commission’s (SEC) policy unchanged. Representative Maxine Waters, a key Democratic negotiator on cryptocurrency legislation, noted that the SEC is currently in discussions with the banking industry to address the controversial accounting policy. This ongoing dialogue aims to find common ground and potentially revise the existing rules. SAB 121 is a proposed rule that mandates entities holding cryptocurrencies to record the amounts held on their balance sheets. Despite the failed veto override, conversations about the policy's implications and possible adjustments continue between regulators and industry stakeholders. #NewsAboutCrypto #NewsAboutCryptoOfThisYear #newsdaily #news2024 #Write2Earn!
BREAKING NEWS ALERT

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US House Fails to Overturn President's Veto on Cryptocurrency Accounting Policy

According to BlockBeats, on July 11, the US House of Representatives voted on a resolution to overturn President Joe Biden's veto regarding the SAB 121 cryptocurrency accounting policy. The attempt did not succeed, leaving the US Securities and Exchange Commission’s (SEC) policy unchanged.

Representative Maxine Waters, a key Democratic negotiator on cryptocurrency legislation, noted that the SEC is currently in discussions with the banking industry to address the controversial accounting policy. This ongoing dialogue aims to find common ground and potentially revise the existing rules.

SAB 121 is a proposed rule that mandates entities holding cryptocurrencies to record the amounts held on their balance sheets. Despite the failed veto override, conversations about the policy's implications and possible adjustments continue between regulators and industry stakeholders.

#NewsAboutCrypto #NewsAboutCryptoOfThisYear #newsdaily #news2024 #Write2Earn!
🚨‼️ Major news alert! Renowned investor and author Robert Kiyosaki, famed for his influential book "Rich Dad Poor Dad," recently issued a dire warning on July 3 regarding an impending crash. Drawing insights from technical charts, Kiyosaki predicted what he termed as the "biggest crash in history," anticipating a substantial downturn across various asset classes, including stocks, real estate, commodities, and cryptocurrencies like Bitcoin ($BTC ). Kiyosaki's cautionary stance reflects his longstanding belief in the fragility of the current financial system, which he views as teetering towards a significant breakdown. He draws parallels to historical examples such as the hyperinflation crises of the Weimar Republic's Reichsmark and Zimbabwe dollar, highlighting their extreme instability under fiat currencies. Despite his somber outlook, Kiyosaki remains optimistic about the resilience of alternative assets. He continues to advocate for investments in Bitcoin, gold, and silver, foreseeing substantial rewards for patient investors amidst the market turbulence. Kiyosaki's bullish predictions include Bitcoin potentially reaching an astounding $11 million per coin, gold soaring to $14,670 per ounce, and silver rising to $114 per ounce. As the financial landscape evolves, Kiyosaki underscores the potential for these assets to appreciate significantly. Currently, #Bitcoin is trading at $55,077, gold at $2,255, and silver around $28. His insights provide a thought-provoking perspective on the future of financial markets and the role of alternative assets in navigating potential economic uncertainties ahead. #Write2Earn! #NewsAboutCryptoOfThisYear #newsdaily #BinanceTournament {spot}(BTCUSDT)
🚨‼️ Major news alert! Renowned investor and author Robert Kiyosaki, famed for his influential book "Rich Dad Poor Dad," recently issued a dire warning on July 3 regarding an impending crash. Drawing insights from technical charts, Kiyosaki predicted what he termed as the "biggest crash in history," anticipating a substantial downturn across various asset classes, including stocks, real estate, commodities, and cryptocurrencies like Bitcoin ($BTC ).

Kiyosaki's cautionary stance reflects his longstanding belief in the fragility of the current financial system, which he views as teetering towards a significant breakdown. He draws parallels to historical examples such as the hyperinflation crises of the Weimar Republic's Reichsmark and Zimbabwe dollar, highlighting their extreme instability under fiat currencies.

Despite his somber outlook, Kiyosaki remains optimistic about the resilience of alternative assets. He continues to advocate for investments in Bitcoin, gold, and silver, foreseeing substantial rewards for patient investors amidst the market turbulence. Kiyosaki's bullish predictions include Bitcoin potentially reaching an astounding $11 million per coin, gold soaring to $14,670 per ounce, and silver rising to $114 per ounce.

As the financial landscape evolves, Kiyosaki underscores the potential for these assets to appreciate significantly. Currently, #Bitcoin is trading at $55,077, gold at $2,255, and silver around $28. His insights provide a thought-provoking perspective on the future of financial markets and the role of alternative assets in navigating potential economic uncertainties ahead.

#Write2Earn! #NewsAboutCryptoOfThisYear #newsdaily #BinanceTournament
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#The Bitcoin Visionary: Uncovering the Truth About Satoshi Nakamoto#BTC☀ $BTC *Unmasking the Enigma: Who is Satoshi Nakamoto?* In the world of cryptocurrency, one name has become synonymous with mystery and intrigue: Satoshi Nakamoto. This elusive individual or group of individuals has left a lasting impact on the financial landscape, yet their true identity remains a closely guarded secret. *The Birth of a Revolution* It all began in 2008 when Satoshi Nakamoto published a groundbreaking whitepaper, introducing the concept of Bitcoin to the world. This innovative decentralized currency was designed to disrupt traditional financial systems and empower individuals with control over their own money. On January 3, 2009, Satoshi created the first block in the Bitcoin blockchain, known as the Genesis Block, setting in motion a revolution that would change the course of history. *The Whodunit of the Century* Satoshi's true identity has been the subject of intense speculation and investigation, with many attempting to uncover the truth behind the pseudonym. From cryptographers to journalists, numerous individuals have been identified as potential Satoshis, but none have been proven conclusively. The mystery deepens with each passing year, fueling public fascination and curiosity. *Suspects and Theories* Over the years, several individuals have emerged as possible Satoshis, each with their own compelling story: - Nick Szabo: A brilliant computer scientist and cryptographer with a passion for digital currency. - Hal Finney: A pioneering computer scientist and cryptographer who worked closely with Satoshi. - Dorian Nakamoto: A Japanese-American man identified as a possible Satoshi in 2014, but who denies any involvement. *A Legacy of Innovation* Regardless of Satoshi's true identity, their impact on the world of finance and technology is undeniable. The Bitcoin protocol has inspired a global movement, spawning hundreds of cryptocurrencies and blockchain innovations. #btc70k #pizzaday #NewsAboutCryptoOfThisYear #btc70k
#The Bitcoin Visionary: Uncovering the Truth About Satoshi Nakamoto#BTC☀ $BTC
*Unmasking the Enigma: Who is Satoshi Nakamoto?*

In the world of cryptocurrency, one name has become synonymous with mystery and intrigue: Satoshi Nakamoto. This elusive individual or group of individuals has left a lasting impact on the financial landscape, yet their true identity remains a closely guarded secret.

*The Birth of a Revolution*

It all began in 2008 when Satoshi Nakamoto published a groundbreaking whitepaper, introducing the concept of Bitcoin to the world. This innovative decentralized currency was designed to disrupt traditional financial systems and empower individuals with control over their own money. On January 3, 2009, Satoshi created the first block in the Bitcoin blockchain, known as the Genesis Block, setting in motion a revolution that would change the course of history.

*The Whodunit of the Century*

Satoshi's true identity has been the subject of intense speculation and investigation, with many attempting to uncover the truth behind the pseudonym. From cryptographers to journalists, numerous individuals have been identified as potential Satoshis, but none have been proven conclusively. The mystery deepens with each passing year, fueling public fascination and curiosity.

*Suspects and Theories*

Over the years, several individuals have emerged as possible Satoshis, each with their own compelling story:

- Nick Szabo: A brilliant computer scientist and cryptographer with a passion for digital currency.
- Hal Finney: A pioneering computer scientist and cryptographer who worked closely with Satoshi.
- Dorian Nakamoto: A Japanese-American man identified as a possible Satoshi in 2014, but who denies any involvement.

*A Legacy of Innovation*

Regardless of Satoshi's true identity, their impact on the world of finance and technology is undeniable. The Bitcoin protocol has inspired a global movement, spawning hundreds of cryptocurrencies and blockchain innovations. #btc70k #pizzaday #NewsAboutCryptoOfThisYear #btc70k
The key developments in the cryptocurrency market as of 2024Increased Bitcoin Dominance: Bitcoin's market dominance has risen above 50% for the first time since April 2021, indicating institutional investors are still anchored on Bitcoin.Approval of Bitcoin ETFs: The search results suggest that January 2024 is expected to witness the approval of spot Bitcoin ETFs, which could significantly increase market liquidity and provide a more stable investment option.Ethereum's Continued Dominance: Ethereum is expected to have a strong year in 2024, maintaining its dominance among smart contract platforms. Its Layer 2 networks like Polygon and Arbitrum are projected to lead in Total Value Locked (TVL).Resurgence of the NFT Market: There is an expected rebound in the NFT market, driven by Ethereum collections, new crypto games, and Bitcoin-based NFTs.Growth of Other Cryptocurrencies: Solana is anticipated to become a top 3 blockchain by market cap and TVL. Innovations in blockchain-based remittances through the Lightning Network are also expected.Regulatory Landscape and Corporate Crypto Holdings: The U.S. elections in November 2024 could influence the cryptocurrency landscape through potential regulatory and policy changes. The FASB's decision on Bitcoin accounting standards is also crucial for broader adoption.Tokenization and DeFi Expansion: Tokenization is expected to be a major part of the new crypto market cycle, with significant growth in on-chain US Treasury exposure and potential expansion to other market instruments. Overall, the cryptocurrency market in 2024 is characterized by increased institutional investment, regulatory developments, technological advancements, and the continued growth and evolution of the DeFi and NFT ecosystems. #CryptoCurrencyNews #NewsAboutCryptoOfThisYear

The key developments in the cryptocurrency market as of 2024

Increased Bitcoin Dominance: Bitcoin's market dominance has risen above 50% for the first time since April 2021, indicating institutional investors are still anchored on Bitcoin.Approval of Bitcoin ETFs: The search results suggest that January 2024 is expected to witness the approval of spot Bitcoin ETFs, which could significantly increase market liquidity and provide a more stable investment option.Ethereum's Continued Dominance: Ethereum is expected to have a strong year in 2024, maintaining its dominance among smart contract platforms. Its Layer 2 networks like Polygon and Arbitrum are projected to lead in Total Value Locked (TVL).Resurgence of the NFT Market: There is an expected rebound in the NFT market, driven by Ethereum collections, new crypto games, and Bitcoin-based NFTs.Growth of Other Cryptocurrencies: Solana is anticipated to become a top 3 blockchain by market cap and TVL. Innovations in blockchain-based remittances through the Lightning Network are also expected.Regulatory Landscape and Corporate Crypto Holdings: The U.S. elections in November 2024 could influence the cryptocurrency landscape through potential regulatory and policy changes. The FASB's decision on Bitcoin accounting standards is also crucial for broader adoption.Tokenization and DeFi Expansion: Tokenization is expected to be a major part of the new crypto market cycle, with significant growth in on-chain US Treasury exposure and potential expansion to other market instruments.
Overall, the cryptocurrency market in 2024 is characterized by increased institutional investment, regulatory developments, technological advancements, and the continued growth and evolution of the DeFi and NFT ecosystems.

#CryptoCurrencyNews
#NewsAboutCryptoOfThisYear
#MicroStrategу Breaking Barriers: How MicroStrategy Became a Pioneer in Corporate Crypto Investment In the heart of the bustling financial world, where suits and ties dictate the rhythm of the markets, there exists a company that dared to defy convention. This is the story of MicroStrategy—a beacon of innovation in the sea of corporate giants—and its audacious journey into the realm of cryptocurrency. Setting Sail on Uncharted Waters Once upon a time, in the midst of a global economic storm, MicroStrategy stood at a crossroads. As traditional currencies wavered under the weight of uncertainty, the company's visionary leader, Michael Saylor, sought a beacon of stability. And so, armed with courage and conviction, MicroStrategy embarked on a voyage unlike any other. The Quest for Digital Gold In their quest for financial fortitude, MicroStrategy turned their gaze toward Bitcoin—the fabled "digital gold" of the modern era. With its decentralized nature and finite supply, Bitcoin shimmered like a beacon of hope in a sea of financial turmoil. But embracing this new frontier was no easy feat; it required boldness, foresight, and a willingness to challenge the status quo. A Ripple of Change As news of MicroStrategy's daring venture spread across the financial landscape, it ignited a spark of curiosity among corporate titans and everyday investors alike. Suddenly, Bitcoin was no longer a fringe curiosity but a beacon of possibility—a symbol of resilience in the face of uncertainty. MicroStrategy had lit the fuse of a revolution, and the world watched in awe as others followed suit, each adding their own chapter to the unfolding saga of corporate crypto adoption. Navigating the Storm Yet, the journey was not without its challenges. Like any great odyssey, MicroStrategy's path was fraught with obstacles and uncertainties. Regulatory hurdles loomed on the horizon, and skeptics cast doubt upon their bold endeavor. But undeterred by the tempestuous seas, MicroStrategy.#newstable #btc70k $BTC #NewsAboutCryptoOfThisYear
#MicroStrategу Breaking Barriers: How MicroStrategy Became a Pioneer in Corporate Crypto Investment

In the heart of the bustling financial world, where suits and ties dictate the rhythm of the markets, there exists a company that dared to defy convention. This is the story of MicroStrategy—a beacon of innovation in the sea of corporate giants—and its audacious journey into the realm of cryptocurrency.

Setting Sail on Uncharted Waters
Once upon a time, in the midst of a global economic storm, MicroStrategy stood at a crossroads. As traditional currencies wavered under the weight of uncertainty, the company's visionary leader, Michael Saylor, sought a beacon of stability. And so, armed with courage and conviction, MicroStrategy embarked on a voyage unlike any other.

The Quest for Digital Gold
In their quest for financial fortitude, MicroStrategy turned their gaze toward Bitcoin—the fabled "digital gold" of the modern era. With its decentralized nature and finite supply, Bitcoin shimmered like a beacon of hope in a sea of financial turmoil. But embracing this new frontier was no easy feat; it required boldness, foresight, and a willingness to challenge the status quo.

A Ripple of Change
As news of MicroStrategy's daring venture spread across the financial landscape, it ignited a spark of curiosity among corporate titans and everyday investors alike. Suddenly, Bitcoin was no longer a fringe curiosity but a beacon of possibility—a symbol of resilience in the face of uncertainty. MicroStrategy had lit the fuse of a revolution, and the world watched in awe as others followed suit, each adding their own chapter to the unfolding saga of corporate crypto adoption.
Navigating the Storm
Yet, the journey was not without its challenges. Like any great odyssey, MicroStrategy's path was fraught with obstacles and uncertainties. Regulatory hurdles loomed on the horizon, and skeptics cast doubt upon their bold endeavor. But undeterred by the tempestuous seas, MicroStrategy.#newstable #btc70k $BTC #NewsAboutCryptoOfThisYear
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