News in the world of cryptocurrencies (July 12, 2024):
Falling market:
* The cryptocurrency market is falling this Friday (July 12), with Bitcoin (BTC) falling 5% and Ethereum (ETH) falling 6%.
* The main causes of the decline are global economic uncertainty and increased regulation in some countries.
Relevant news:
* Brazil: The Central Bank of Brazil (BCB) published a document detailing its vision on cryptocurrencies. The document recognizes the potential of blockchain technology, but also warns of the risks associated with cryptocurrencies, such as volatility, money laundering and terrorist financing.
* US: The US Securities and Exchange Commission (SEC) is investigating cryptocurrency lending platform Celsius Network. Celsius suspended withdrawals of funds from its clients earlier this month, citing "extreme market conditions."
* China: The Chinese government has intensified its crackdown on cryptocurrencies, ordering local exchanges to stop offering mining and trading services. The measure aims to reduce energy consumption and financial risks associated with cryptocurrencies.
Other news:
* Tech giant Samsung announced the launch of a new smartphone with an integrated cryptocurrency wallet.
* Visa announced a partnership with cryptocurrency payments company Crypto.com to offer its customers more payment options.
* The price of Dogecoin (DOGE) rose 20% after Elon Musk announced that Tesla would accept the cryptocurrency as payment for some products.
Important:
*The above information is for informational purposes only and should not be considered financial advice.
* It is important to invest in cryptocurrencies only the money you can afford to lose.
*Do your own research before investing in any cryptocurrency.
