Cryptocurrency

Cryptocurrency News Today | US Won't Ban Crypto





Cryptocurrency News Today | US Won’t Ban Crypto

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⭐Huge Bitcoin news, Ethereum updates, and crypto news 2021!

Welcome back to Crypto Gems! In this video, I reveal the latest information regarding Cryptocurrency. Make sure to watch the WHOLE video so you don’t miss out on this valuable information!!

🔥 Bitcoin’s current goal is to be a store of value as well as a payment system, there is nothing to say that Bitcoin could not be used in such a way in the future, though consensus would need to be reached to add these systems to Bitcoin.

A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend.

Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries

🔥 If we talk about third-generation blockchain Cardano, it is a public blockchain platform. It is open-source and decentralized, with consensus achieved using proof of stake. It can facilitate peer-to-peer transactions with its internal cryptocurrency, Ada. Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson.

A Non-fungible (NFT) token is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable. NFTs can be used to represent items such as photos, videos, audio, and other types of digital files.

The Federal Reserve has “no intention to ban” stablecoins or other cryptocurrencies, said Chair Jerome Powell. While a digital dollar would not be intended to supplant existing stablecoins, Powell stressed the need to regulate the crypto sector.

U.S Federal Reserve Chairman Jerome Powell said he has “no intention” of banning cryptocurrency on Thursday. His statement comes a week after China banned all cryptocurrency transactions and said it will consider any crypto-related transactions to be illicit.

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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

I hope you found value in our Cryptocurrency News video. Make sure to leave a like on the video if you gained value from it!

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⏰Timestamps⏰

0:00 intro
0:24 The US Has No Intentions to Ban Bitcoin
0:46 TikTok To Launch Creator-Led NFTs
1:08 Visa Announces Cross-Chain Interoperability Project
1:33 Coinbase Customers Can Receive Paychecks in Crypto
1:54 Latest Chinese Crypto Crackdown Steps
– China blocks crypto sites:
– Alibaba bans crypto mining gear sale:
2:22 Crypto Exchanges Phasing Out Chinese Customers
2:47 El Salvador Is Using Energy from Volcanos to Mine Bitcoin
3:07 Little Hamster is an Expert Crypto Trader
3:28 outro

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