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” Survey: More than a quarter of U.S. millennials plan to use crypto to fund retirement “ According to a recent survey published by Investopedia, 28% of the U.S. millennials polled said they expect to use cryptocurrency to support themselves in retirement — a figure that was higher than those who said they would use…
” US lawmakers introduce companion bill to ‘mitigate risks’ from El Salvador’s Bitcoin Law “ Two members of the House of Representatives have introduced legislation aimed at mitigating the risks to the United States financial system due to El Salvador adopting Bitcoin as legal currency. In a Monday announcement, California Representative Norma Torres and Arkansas…
” Crypto prices enjoy a solid March relief rally. But, how and why? “ After a rocky start to the new year, March may finally have set the crypto markets back on an upward trajectory. Back in February, news of the war between Russia and Ukraine created significant opportunities for traders to reenter the market…
” Elon Musk’s Twitter investment puts a 150% rally into play for Dogecoin “ Dogecoin (DOGE) continues its rebound move four weeks after bottoming near $0.10 and is now promising more upside moves in Q2/2022. Dogecoin price nears two-month highs DOGE’s price had risen by nearly 6.5% week-to-date to $0.15 a token. The coin’s recent…
” Ledger launches NFT-focused hardware wallet Nano S Plus “ Ledger, a major supplier of hardware wallets designed for secure storage of cryptocurrencies like Bitcoin (BTC), is launching a brand new wallet specializing in nonfungible tokens (NFTs). The new product, called Ledger Nano S Plus, is the next generation to the original Nano iteration released…
” FTX US to invest in IEX stock exchange to launch digital securities “ Sam Bankman-Fried’s cryptocurrency exchange FTX continues aggressively investing in traditional finance, with the United States-based affiliate FTX US investing in Investors Exchange (IEX), a U.S. national stock exchange. FTX US has signed an agreement to make a strategic investment in the…
” Profit taking and Bitcoin consolidation give bears an opportunity to take control “ The total crypto market capitalization reached its highest close in three months on April 3 at $2.23 trillion, but the performance between March 28 and April 4 was a mere 1.9% gain. During this time, Bitcoin (BTC) presented a 2.6% negative…
” SEC chair: retail crypto investors should be protected “ Gary Gensler, chair of the United States Securities and Exchange Commission, said the agency’s protections that apply to investors of traditional assets should extend to those in the crypto market. In prepared remarks released Monday for the Penn Law Capital Markets Association Annual Conference, Gensler…
” Signs of Bitcoin accumulation suggest BTC’s dip to $45K will be short-lived “ The cryptocurrency market rally that began on April 1 ran into tough resistance on April 4, sparking a market-wide pullback during the afternoon session after exhausted bulls were overwhelmed by bears who managed to push Bitcoin (BTC) below $45,200. Data from…
” Intergovernmental Panel on Climate Change calls cryptocurrency CO2 emissions a ‘growing concern’ “ The United Nations arm aimed at assessing the science related to climate change, the Intergovernmental Panel on Climate Change, or IPCC, has named crypto among technologies that may require greater energy demands. According to a report released on Monday, the IPCC…