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ποΈ Crypto News Today - In This Video: No reason to panic over Dogecoin prices.
Former USOCC Acting Comptroller Brian Brooks talks about Dogecoin and other cryptocurrencies.
According to Brooks, Bitcoin and other digital currencies will suffer because of panic over Dogecoin prices.
In current weeks, Dogecoin has actually lost almost 30% of its worth, leading Brooks to discuss what he sees as a halting of the task. A Dogecoin market cap of $38 billion is currently trading near $0.30 on Binanco.
It is very crucial not to let the price walking of Dogecoin wind up threatening the death of bitcoin or Ethereum and other innovative jobs. Elon Musk and Saylor's attention is significantly relied on Bitcoin mining councils. It is uncertain whether that is an advantage or a bad thing, however it reveals they are working to establish themselves in the crypto space," Brooks said.
Compared to last year, Dogecoin's price rose considerably. After a surge of retail trade demand, DOGE reached its all-time high on 8 May, reaching almost $0.73. Dogecoin has actually gotten approximately 7,000 % since January.
Dogecoin is one of the leading cryptocurrencies within its market cap, according to Digital Currency Group CEO Barry Silbert. In his post, Selbert points out that despite its capacity, DOGE is not worth the $37 billion market capitalization.
A report about Elon Musk's participation with Dogecoins was recently eliminated by the Tesla CEO. According to Musk, Dogecoin does not have an official organization, so he has actually limited control over its administration.
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βββ WELCOME TO THE CRYPTOCURRENCY NEWS CHANNEL βββ
Welcome to our crypto news channel! We try to post new cryptocurrency related news videos and Bitcoin news every day, or at least a couple of times per week. We cover all altcoins and cryptocurrencies, as well as e-wallets like Payeer, AdvCash, Crypterium and Binance.
If you would like some tips on how to buy Bitcoin, bitcoin mining, crypto mining, cryptocurrency investing, cryptocurrency exchange and Bitcoin trading - be sure to stay tuned. We hope that our channel will help you make money online and be a motivational boost - motivational video for you.
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An Insight to Cryptocurrency news
Cryptocurrency, aka crypto, is a digital currency created and managed via the use of advanced encryption technology and a technique called cryptography. Crypto made its leap from being an academic concept to reality with bitcoin creation in the year 2009. However, over time various other crypto tokens were introduced, including Litecoin, Ethereum, XRP Ripple, and more.
However, in subsequent years cryptocurrency has attracted a growing following. Even more, it captured dramatic media and investor attention when, according to bitcoin news when bitcoin peaked at $266/ bitcoin after increasing 10-fold in the proceeding months in April 2013.
Cryptocurrency News: What's the future of crypto?
As per bitcoin news, bitcoin sported a market value of more than $2 billion at its peak. However, shortly thereafter, a 50% plunge sparked a raging debate about the future of cryptocurrency especially, bitcoin.
So, whether a cryptocurrency will be able to supplant conventional currencies eventually and become as ubiquitous as euros or dollars someday? Or cryptocurrency is just a passing phase that is going to flame out over time.
According to the analysts, some big change is coming in crypto when institutional money enters the market. Even more, there is a possibility that crypto might be floated on the Nasdaq.
How to buy bitcoin and other cryptocurrencies?
When it comes to generate a passive income or make money online, investing in cryptocurrency is the best option you can have. However, if you don't know how to buy bitcoin or any other cryptocurrencies, then here is a quick guide for you to consider in this regard:
- Firstly, choose a well-known cryptocurrency exchange like Binance and sign up for an account. Provide your accurate information here while signing up for an account.
- Then, link your bank account to exchange your currency into crypto.
- After that, you need to transfer the money which you want to convert. Then, purchase your preferred cryptocurrency.
- Also, make sure to sign up for the best digital wallet. It is because a digital wallet is the best way to hold your crypto tokens in a safe and secure way.
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