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Any government attempt to ban Bitcoin is foolish and ineffective

Any government attempt to ban Bitcoin would be “foolish,” said Hester Peirce (also known as “Crypto Mom”), a digital currency-friendly commissioner at the US Securities and Exchange Commission (SEC), during a conference via video conference. “I think we got to that point very early on, because to do that, you have to shut down the internet,” Peirce said. “I do not see how anyone could ban Bitcoin. He could definitely make the effort. It would be very difficult to stop people from trading with Bitcoin. So I think it would be foolish for a government to do that. Not only…

Southampton, the first club in the world that will receive a sponsorship in Bitcoin

Southampton, according to the English newspaper “The Telegraph”, will become the first club in the world to be paid in Bitcoin cryptocurrency by its … main sponsor, Sportsbet.io of Coingaming Group. Celebrating the three-year renewal of their partnership with Sportsbet.io, as the most important in the history of the club, the “saints” announced that the agreement “includes the option of paying some bonuses in Bitcoin at the end of each season, which guarantees the club the opportunity to take advantage of the new currency “. “Sportsbet.io has built a successful business, making sense in the market, but in a responsible…

It exceeded 2 trillion. the market value of cryptocurrencies

The total capitalization for bitcoin amounted to 1.1 trillion. while the value of Ether exceeded $ 2,000. The landmark of 2 trillion. The cryptocurrency market crashed, according to data from CoinGecko and Blockfolio, thanks to the recent rally in prices, according to data cited in a Reuters article on Monday, April 5, 2021. The value of the cryptocurrency market reached 2.02 trillion. dollars, with the bitcoin equivalent jumping to $ 1.1 trillion. The most famous cryptocurrency strengthened today by 1.4% to $ 59,025. Over Google At the beginning of February, the value of the cryptocurrency market had for the first…

Blockchain In Healthcare and Fintech: Will There Be an Impact?

Today the financial sector and the healthcare sector are trying to develop and grow at a rapid pace. In the process of growth, they are hampering the security of the system also. Blockchain technology application in Healthcare and financial institutions will help you develop your work process. Blockchain Technology is impacting both the healthcare industry and the world’s Financial technologies to a great extent. It will help you to develop your work process in a better manner. Impact of Blockchain Technology on Healthcare & Fintech  Blockchain Technology has impacted healthcare & Fintech massively. The details regarding this matter will be…

In 2 years with 1 bitcoin you will buy Bugatti

Kraken CEO Jesse Powell made a terrific prediction for the course of bitcoin for this year, but also that it may reach 2023. If one could magically go back in time to 2010, then the best way to invest one’s money would be to buy bitcoins … Then you see, it had not reached the levels that this particular cryptocurrency is today and few predicted the course it would take in the coming years. A course that after the fall of the previous week and the rise that followed, finds it these days again close to 60,000 dollars. What can…

Mike Novogratz Says Crypto Will Receive $1 Trillion From Baby Boomers Starting in April

The founder of Galaxy Digital, Mike Novogratz, said $1 trillion would soon be injected into the crypto space. Novogratz said that the inflow would come from Baby Boomers, adults between 55 and 75 years of age. According to him, moves by traditional financial institutions to offer crypto products will trigger Baby Boomers’ involvement in the cryptocurrency market. Speaking further during an interview with Reuters Digital Assets Week, Novogratz added that “the money will start coming in early next month.” As stated in a Reuters report, many of the Baby Boomers view Bitcoin as a hedge against inflation sparked by a rush…

Survey finds 31% of Brits are crypto curious, but lacking information

A recent United Kingdom-wide survey on attitudes toward cryptocurrency shows that almost a third of respondents are curious about investing in digital assets. Crypto trading platform Ziglu commissioned the survey through OnePoll, a market research firm that polled 2,000 Britons. However, of the 31% who expressed an interest, 62% have held back because they do not understand the market, and 43% say that they do not know a safe way to buy crypto. This lack of quality information doesn’t hold back all potential investors though. Of the 14% of those surveyed who had already bought cryptocurrency, 13% claimed to have no prior…

Why do analysts see Bitcoin at $ 1 million soon?

The price of bitcoin could reach $ 1 million The reasons why analysts “see” bitcoin at $ 1 million will soon be mentioned by coindesk.com columnist Nik Bhatia. By the end of the previous mega-bull market in 2017 most people had learned about bitcoin. However, when Tesla invested $ 1.5 billion, those who considered bitcoin… fashion simply denied it, proving that they were inadequately informed. Tesla’s investment and its announcement of a gradual replacement of cash supports something even more dramatic. These sudden inflows in demand, including recent purchases fueled by MicroStrategy bond issues, are affecting the price of bitcoin.…

Six million new users in cryptocurrency services in two months

In 2020, Robinhood’s cryptocurrency division had an average of about 200,000 new customers trading on its platform each month, according to the company’s blog post. Nearly 6 million new users have signed up for cryptocurrency services in the first two months of 2021 amid a surge in trading volume and sharp fluctuations in cryptocurrency prices such as Bitcoin and Dogecoin, according to a statement from renowned digital trading platform Robinhood February 25, 2021, cited by a Reuters article. In 2020, Robinhood cryptocurrency services had an average of about 200,000 new customers trading on its platform each month, according to the…

2021 will be an important year for the issuance of the digital dollar

Fed Chairman J. Powell, speaking at a Senate committee hearing, pledged to involve the public in a digital currency debate, and said he would need congressional approval to move the bill forward. The assurance that a broad public debate will take place on the issuance of the digital dollar by the US Federal Reserve was given by the head of the Federal Reserve Jerome Powell, during the second day of his congressional hearing on Wednesday, February 24, 2021. The reservations Whenever an elected official in Congress asks US Federal Reserve Chairman Jerome Powell about the issue of the digital dollar,…