Cryptocurrency shiba inu
But this latest enterprise, taking off just 50 days before the election, comes with a hornets nest of ethical conflicts should Trump win in November. On the campaign trail, the former president has promised to usher in a wave of policies favorable to digital currencies as he courted the votes and financial support of the bitcoin community. https://nathaan-gem-jewelry.com/how-much-is-druzy-quartz-worth/ Now, a company he is helping to get off the ground could stand to benefit from the actions he takes in the Oval Office.
In an interview with Fox Business earlier this year, he said, “Crypto is about freedom and the crypto economy is here to stay. Crypto is bringing in young people, people who have not participated in markets.”
Ulbricht created the underground drug-selling website Silk Road but was sentenced to life in prison after a judge held him responsible for six overdose deaths linked to his website. Some of the nearly 800 attendees who flocked to downtown Nashville to hear Trump speak wore “Free Ross Day One” hats, in a nod to Ulbricht’s prison sentence.
In another bullish signal for the sector on Thursday, United States Securities and Exchange Commission (SEC) chair, Gary Gensler, who was widely disliked among crypto investors for his aggressive enforcement actions targeting the sector, confirmed that he would step down in January.
Industry insiders believe Bessent’s leadership at the Treasury could bring much-needed clarity. In a Friday post on X, Ripple CEO Brad Garlinghouse described him as “the most pro-innovation, pro-crypto Treasury Secretary we’ve ever seen.”
Cryptocurrency news
Many minority investors were drawn to cryptocurrency by its promise to be a pathway to wealth-building outside of the traditional financial system. But crypto’s spectacular crash over the past year has dealt a blow to that narrative. (March 27)
Traders with leveraged long positions suffered the biggest blow, with more than $360 million being wiped out. Bitcoin recorded $56 million in liquidations, marking the largest single-day long liquidations on BTC in over a week.
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Many minority investors were drawn to cryptocurrency by its promise to be a pathway to wealth-building outside of the traditional financial system. But crypto’s spectacular crash over the past year has dealt a blow to that narrative. (March 27)
Traders with leveraged long positions suffered the biggest blow, with more than $360 million being wiped out. Bitcoin recorded $56 million in liquidations, marking the largest single-day long liquidations on BTC in over a week.
Cryptocurrency invest1now.com
“The arrival of abrdn’s money market fund on XRPL demonstrates how real-world assets are being tokenized to enhance operational efficiencies, while further reinforcing the XRPL as one of the leading blockchains for real-world asset tokenization.”
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Each investor must do his/her own research or seek independent advice if necessary before initiating any transactions in crypto products and NFTs. The views, thoughts, and opinions expressed in the article belong solely to the author, and not to ZebPay or the author’s employer or other groups or individuals. ZebPay shall not be held liable for any acts or omissions, or losses incurred by the investors. ZebPay has not received any compensation in cash or kind for the above article and the article is provided “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information.
The important thing to remember is that crypto is so volatile because the tokens aren’t backed by any underlying asset, meaning that the price of crypto depends solely on what buyers are willing to pay for it. To that end, any investments you make in the crypto space (especially during times of market uncertainty) should be part of a broader investment strategy — not your only one — in order to offset any money you could lose. Take time to consider your individual risk tolerance and time horizon for meeting other financial goals like retirement.
“The arrival of abrdn’s money market fund on XRPL demonstrates how real-world assets are being tokenized to enhance operational efficiencies, while further reinforcing the XRPL as one of the leading blockchains for real-world asset tokenization.”
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Each investor must do his/her own research or seek independent advice if necessary before initiating any transactions in crypto products and NFTs. The views, thoughts, and opinions expressed in the article belong solely to the author, and not to ZebPay or the author’s employer or other groups or individuals. ZebPay shall not be held liable for any acts or omissions, or losses incurred by the investors. ZebPay has not received any compensation in cash or kind for the above article and the article is provided “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information.
The important thing to remember is that crypto is so volatile because the tokens aren’t backed by any underlying asset, meaning that the price of crypto depends solely on what buyers are willing to pay for it. To that end, any investments you make in the crypto space (especially during times of market uncertainty) should be part of a broader investment strategy — not your only one — in order to offset any money you could lose. Take time to consider your individual risk tolerance and time horizon for meeting other financial goals like retirement.