How To Invest in Cryptocurrencies.
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NFT: the 10 best marketplaces to buy Non Fungible Tokensn
When Christie’s debuted in cryptocurrency, the prestigious auction house managed to sell (to buyer Metakovan) a Mike Winkelmann NFT, aka Beeple, for a staggering $69.3 million. A record for a digital work, in this case a giant JPG collage of 5,000 surreal images called Everydays: The First 5,000 Days. Following this paid sale on Ethereum…
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The Netherlands tops the list in a new study as the country best prepared for the metaverse
Metaverse and digital reality experiences are for consumers whether they are ready or not. But some parts of the world are technologically more ready to embrace a digital future. A new study by Uswitch, an internet and phone services researcher, looked at a combination of fixed broadband speeds, prices of broadband plans, the number of…
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Nasdaq warns Bitfarms about falling share prices
Canadian bitcoin mining company Bitfarms is facing compliance issues on its Nasdaq listing due to the ongoing cryptocurrency winter. Bitfarms received a warning from Nasdaq on December 13 because the company’s share price has remained below $1 for 30 consecutive trading days. Bitfarms announced the news on December 14, saying it had an initial deadline…
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FTX co-CEO sued Sam Bankman-Fried days before the company went bankrupt
The FTX scandal writes new chapters every hour. Police this week arrested Sam Bankman-Fried in the Bahamas, where they hope to be extradited to the United States, on charges of fraud and conspiracy. And to spice things up further, we are told that Ryan Salame, co-CEO of the Bahamas branch, alerted authorities to the illegal…
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John J. Ray III: ‘FTX Engaged in Old-Fashioned Embezzlement’
FTX CEO John J. Ray III believes the Sam Bankman-Fried crypto scam was old-fashioned embezzlement. FTX’s new chief executive, John J. Ray III, a restructuring specialist who handled the liquidation of Enron Corp, one of the largest bankruptcies in history, said FTX was engaged in “old-fashioned embezzlement”. “It’s really old-fashioned embezzlement. It’s just taking customers’…
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The economic impact of adopting Bitcoin as an alternative to goods and services
Today we analyze an interesting application of Bitcoin and the technology behind the most important cryptocurrency: Blockchain. As the number of virtual currencies continues to grow, the demand for these altcoins is also increasing. With more and more companies wanting to accept altcoins as a form of payment, it’s no wonder Bitcoin has become so…
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What is PrimeXBT?
PrimeXBT is a Seychelles-registered cryptocurrency exchange. It was published in 2018. To be more specific, PrimeXBT is a cryptocurrency derivatives exchange. In other words, you can choose between two things: to be tall or to be short. Going long means betting that a particular cryptocurrency will rise in price, while going short means betting that…
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What price will bitcoin reach in 2023?
Econometrics offers two scenarios If bitcoin has already bottomed out, its price in 2023 would be between $27,000 and $33,000, according to Ecoinometrics. Emphasizes:If the bottom hasn’t been hit yet, the price range is much more modest.Forecasts are based on previous bearish periods. The research firm Ecoinometrics published an analysis on Monday, December 12 in…
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The Justice Department intends to indict Binance for money laundering
In the midst of the crisis, the world’s largest stock exchange has managed to emerge unscathed from almost every bad market situation. Since 2018, however, the shadow of a legal investigation by the US Department of Justice has haunted Binance. Currently, the Justice Department is considering charging Binance with money laundering. The Justice Department is…
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Chinese authorities have arrested a gang who allegedly “laundered” money using cryptocurrency
According to Chinese authorities, a gang has used cryptocurrencies to “launder money”. The net flow exceeded 12 billion yuan. Chinese authorities recently arrested around 63 people suspected of laundering money using cryptocurrency. It is estimated that nearly 12 billion yuan (about $1.7 billion) has passed through various connected accounts in the cryptocurrency market. This comes…
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