Cryptocurrency Price News – Shiba Inu Down Today As Bitcoin Rises After Biden ‘Executive Order’ Announced


SHIBA Inu is down today, but Bitcoin is up after President Biden’s statement calling attention to potential money pitfalls such as ransomware and other cyber threats.

Joe Biden’s statement said, “Cyber ​​threats can affect every American, every business, regardless of size, and every community.

“That’s why my administration is organizing a nationwide effort to deal with cyber threats.”

The White House also reported that the United States will bring together 30 other countries, including NATO and G7 allies, to discuss responses to cybercrime.

“This month, the United States will bring together 30 countries to accelerate our cooperation in the fight against cybercrime, improving collaboration between law enforcement agencies, containing the illicit use of crypto currency and diplomatic engagement on these issues “, we can read.

Federal Reserve Chairman Jerome Powell also announced that there are no plans to ban cryptocurrency in the United States and that prices have jumped 10%.

Read our live cryptocurrency blog for the latest news and updates …

  • ETHEREUM REACHED $ 3,800 FRIDAY

    Ether Bulls are set to make a profit of $ 53 million when today’s weekly options expire.

    Ethereum’s average gas charge remains around $ 20, and if Ethereum stays above $ 3,600 on Friday, 99% of the $ 180 million puts will be considered worthless.

  • RISKS OF INVESTING IN CRYPTOS, PART V

    Finally, the truth in Promotional material is a risk in investing in cryptos.

    Businesses may overestimate product returns or underestimate the risks involved.

  • RISKS OF INVESTING IN CRYPTOS, PART FOUR

    Another investment risk are charges and fees.

    Consumers should take into account the impact of fees and charges on their investment, which may be higher than those of regulated investment products.

  • RISKS OF INVESTING IN CRYPTOS, PART THREE

    A third risk of investing in cryptocurrencies is product complexity.

    The complexity of some crypto-asset related products and services can prevent consumers from understanding the risks.

    There is no guarantee that cryptoassets can be converted back to cash.

    The conversion of a crypto-asset into cash depends on the existing demand and supply in the market.

  • RISKS OF INVESTING IN CRYPTOS, PART II

    Another investment risk is price volatility.

    The significant price volatility of crypto-assets, combined with the difficulties inherent in a reliable valuation of crypto-assets, puts consumers at high risk of loss.

  • RISKS OF INVESTING IN CRYPTOs

    We have rounded up five risks of investing in cryptocurrencies.

    The first is Consumer protection.

    Certain investments showing high returns based on crypto assets may not be subject to regulation beyond anti-money laundering requirements.

  • CASPER ON THE RISE

    Cryptocurrency Casper (CSPR) has skyrocketed as people ask how to buy the coin as Bitcoin soars on Coinbase.

    As of Monday morning, CSPR crypto had appreciated by 15% in value, according to Investor Place, but crypto sites vary based on price predictions for the currently successful coin.

  • ONE OF ETHEREUM’S CO-FOUNDERS NAMED AT TIME 100 MOST INFLUENTIAL PERSON

    One of Ethereum’s co-founders, Vitalik Buterin, was named one of the 100 Most Influential People of 2021 by Time magazine.

    Former Reddit executive chairman Alexis Ohanian praised him in a post for the article.

  • PAYPAL LAUNCHES A CRYPTO SERVICE IN THE UNITED KINGDOM

    PayPal launched its cryptocurrency service in the UK.

    From September, UK users can now buy, hold and sell digital currencies.

    Crypto operations began in the United States last October.

  • CAN YOU EXCHANGE CRYPTO ON ROBINHOOD?

    Yes, unlike most of its discount rivals, Robinhood offers 24/7 crypto trading through its platform.

    This means that you will have access to trade in major cryptocurrencies including Dogecoin, Ethereum, and Bitcoin.

    Its crypto investors can buy or sell with a market order, which means it is executed at the current market price.

  • WHAT IS TETER?

    The Tether cryptocurrency, also known as USDT, was officially launched as Realcoin in 2014, but has since changed its name.

    It is described as a ‘stablecoin’, which is a type of cryptocurrency that aims to keep crypto values ​​stable.

    Tether aims to do this by pricing a regular “fiat” currency, such as the US dollar, euro, or Chinese yuan.

    Tether claims to keep values ​​stable by holding reserves in this currency in a bank.

  • LITECOIN VS. BITCOIN, CONTINUED

    Like most cryptocurrencies, Litecoin uses blockchain technology to process and record transactions.

    Although Litecoin is smaller, it is a faster and cheaper alternative to Bitcoin.

  • LITECOIN VS. BITCOINS

    Litecoin, which was created in 2011 by Google engineer Charlie Lee, works the same way as Bitcoin.

    Mr. Lee sometimes refers to Litecoin as “Bitcoin silver to gold”.

    Both cryptocurrencies act similarly in setting up their overall payment transactions. Both are not controlled by financial institutions.

  • WILL LITECOIN REACH $ 500? CONTINUED

    There is a good chance that this also helped give Litecoin a boost.

    In 12 months, the price of Litecoin could exceed $ 255, according to Wallet Investor.

    But towards the end of 2026, Wallet Investor sees Litecoin exceed $ 557.

  • WILL LITECOIN REACH $ 500?

    Litecoin exploded to $ 412.96 at the start – the closest number ever to the $ 500 mark.

    Now, however, Litecoin is trading at $ 174.90. In the last 24 hours, Litcoin has risen by 3%.

    As China banned all cryptocurrency transactions, big brother Bitcoin took advantage of recent favorable news from the United States

  • WHAT IS LITECOIN?

    As the name suggests, cryptocurrency is small.

    But Litecoin, which was created in 2011 by Google engineer Charlie Lee, works the same way as Bitcoin.

    Mr. Lee sometimes refers to Litecoin as “Bitcoin silver to gold”.

    Both cryptocurrencies act similarly in setting up their overall payment transactions. Both are not controlled by financial institutions.

  • GOXX: “DECISION TUNNELS”

    The amount to be traded is determined when Goxx goes through one of the two “decision tunnels”.

    Depending on the tunnel it passes through, the amount it will buy or sell the cryptocurrency changes in increments of $ 20.

    All data is transmitted to a computer which performs real-time transactions on behalf of Goxx.

  • THE CREATORS OF GOXX

    Speaking to the BBC, the two Germans in their 30s behind the channel explained that the idea had started as a joke.

    “We felt that everything is getting more and more expensive these days and that it is very difficult to save construction costs with high rents to pay,” they said.

    “It seems like most people in our generation see no other chance than to throw a large chunk of their savings into the crypto market, without having a clue of what’s going on there.

    “We were joking about whether my hamster would be able to make smarter investment decisions than us humans.”

  • BITCOIN TOP $ 60k

    For the first time since April, Bitcoin surpassed $ 60,000 on Friday.

    Traders are hopeful that the U.S. Securities and Exchange Commission will approve the first Bitcoin futures exchange-traded fund.

    The crypto industry has been pushing for greater acceptance of digital currency on Wall Street, so ETF approval would be a milestone for the industry.

  • A BITCOIN MINER IN PRISON “ACTED OUT OF greed”

    Singh was sentenced to 13 months and two weeks in prison in a UK first.

    Andrew Baxter of CPS said: “This is a very unusual case.”

    “The overwhelming majority of the times we see electricity sampling offenses are aimed at supporting other criminal activities such as growing cannabis.”

    “Bitcoin mining is a legitimate legal business. Sanjay Singh was simply acting out of greed.”

  • IMPRISONED BITCOIN MINOR, CONTINUED

    The Crown Prosecution Service explained that Singh’s activities were first detected when an electricity supplier investigated a substation failure caused by cryptocurrency mining overloading the system.

    The CPS released details of the case and said an inspection of Singh’s premises showed he had tampered with the wiring to operate more than 200 devices.

    Investigations suggested he deceived the electricity supplier with tens of thousands of pounds of electricity.

    Singh then committed the same offense at Loughborough nightclub while the first offense was still under investigation.

    Singh was charged with two counts of taking electricity and pleaded guilty to both offenses.

  • BITCOIN MINOR IN PRISON

    A bitcoin miner has been jailed after being caught stealing electricity in a sketchy cryptocurrency scam in the UK.

    Sanjay Singh, 40, admitted to having “subtracted” electricity worth up to £ 32,000 at two locations where he operated bitcoin mining machines, Leicester Crown Court said.

    The first location was in an industrial unit in Coalville and the other in the Firefly nightclub in Loughborough.

    The second had been closed for the summer vacation.

  • EXPERT COMMENTS ON ALCHEMY PAY AND BINANCE

    Shaun Heng, vice president of growth and operations at CoinMarketCap, told The Sun that it is difficult to assess the risk of many crypto projects like Alchemy Pay.

    And while he’s not a fan of Alchemy Pay’s crypto cards, he has bragged about one of his partners Binance, which is the largest crypto exchange by transaction volume in the world.

    Heng said, “The partnership with Binance is definitely a good sign of validation for the project.”

  • WHO FOUNDED ALCHEMY PAY?

    The cryptocurrency was co-founded by payments industry veterans Molly Zheng, Shawn Shi, and John Tan.

    Alchemy Pay trading started in September 2020.

    According to Alchemy Pay, it is the “first” crypto and fiat hybrid payment gateway in the world.

    With Alchemy Pay, users are allowed to receive payments in the local currency of their choice, regardless of how they are sent.

  • DIGITAL WALLET, CONTINUED

    As with other cryptocurrencies, people will be able to buy and sell Libras on exchanges for traditional currencies.

    Facebook said its alternative currency paves the way for smoother online transactions and payments.

    The project, however, faced regulatory resistance due to concerns about safety and reliability.

    In December 2020, Libra changed its name to Diem and moved its operations from Switzerland to the United States as part of a “strategic shift”.


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