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Former Fed Regulator Says Bitcoin Is ‘Absolutely a Tool for Social Justice’

A former U.S. government regulator turned crypto adviser claims that Bitcoin is “absolutely a tool for social justice”. Speaking in an interview with Yahoo Finance, Charlene Fadirepo, a former audit manager at the Federal Reserve Board of Governors, said that Bitcoin is “absolutely a tool for social justice,” particularly in relation to Black Americans. Fadirepo, […]

Kosovo’s Government Stirs Panic After Announcing Ban on Crypto Mining

The government of the Republic of Kosovo has caused a panic among crypto miners in the Balkan country after announcing that it would temporarily ban all crypto mining activities.  According to a report by The Guardian, crypto miners are selling the mining equipment at bottom-barrel prices in an effort to recoup some of their investment […]

Dogecoin Investment in India: 5 Tips to Remember Before Investing

Dogecoin Investment in India: 5 Tips to Remember Before Investing

Dogecoin has gained unprecedented popularity in recent times. With this, the crypto market value is fluctuating like never before. What started with a mere joke has hit a record peak in earlier weeks.  Dogecoin being a cryptocurrency was developed in 2013 by two developers known as Billy Markus(who worked at IBM) and Jackson Palmer (who worked at Adobe). Here is a quick rundown of all that you should know prior to making any investment in terms of Dogecoin.  5 Tips to Remember Before Investing Below mentioned are some of the tips you need to keep in mind before investing in Dogecoin. Volatility  The first and foremost that an investor must take care of is the volatility of Dogecoin. For the first 6 months, the price of Dogecoin was not stable. The curve has been fluctuating drastically. It reached 0.70 dollars in an instant. As per a report of December 2021, the valuation of Dogecoin is 14.0572 dollars. The current volatility of dogecoin is 74.62 percent. If we consider the list of the past 7 days it stands on 22nd position out of 100 cryptocurrencies in terms of volatility. Several people are now investing in it which is one of the main reasons for its growth in popularity. This huge increase in price hike may make the investor go cash out. Influencers  The status of any cryptocurrency is greatly affected by its influencers. A single tweet from an influencer can change the market of cryptocurrency. The same goes for dogecoin. For example, a popular figure like Elon Musk is commonly known as ‘dogefather’ by the cryptocurrency community. A single tweet from him can influence several crypto fans and investors.   Once Musk tweeted ‘One Word: DOGE’ the valuation of dogecoin was hiked by 20 percent in an instant. So before buying, investing, or selling any of your cryptocurrency take a keen look at the videos, shorts, reels, and other things the influencers post on the internet. A single remark from them can drastically change the flow of the market. Public Opinion   If you want to earn the real sum of money by investing then you must be very calculative and predictive. Since nowadays everyone is talking about this coin especially the rich investor you should not feel the fear of missing out.  In the world of investment, you will come across many people who will try to loot you with their false and misguided opinion. Be aware of this trap and never trust anyone with your eyes closed. If you invest based on anyone’s opinion then double cross-check every fact they present you.  Another way to improve your investment skill is to take information from trusted sources. You will come across youtube channels and internet web pages that will present you with false information. Be aware of such traps. Just remember that if you develop your skills in investing then you can become like some of the Redditors who have made millions just by investing.   Actual value Understanding and predicting the curve of any cryptocurrency is the real game. The person who can do this efficiently can make tons of money just by investing. But having full track of digital currency is a bit complicated and time-consuming. Studying the nature of any digital currency involves countless hours of sitting on the laptop screen, calculations based on many simultaneous graphs, convincing and arguing with the broker, and many other factors.  The first thing that any investor should do is calculate the price-to-earnings ratio accurately for most of the assets. This will give an idea about the amount of investment that the investor is willing to do. Having a close inspection will surely tell you whether the company is overvalued or undervalued. So with the help of dogecoin, you will be on the bright side.   Taking Risks In the hope of big returns investors who often invest in digital currency can experience unexpected losses while on the other hand if one makes a planned investment then one can derive a huge profit from it. For example, if someone has invested Rs. 10000 in dogecoin six months ago, then he would get about INR 5.75 lakh in this time.  If you see only the bright side of it then you will make a big mistake. Apart from that try to do trading from a trustworthy site and the broker that you can place your trust in. So if you want to make a fortune out of dogecoin then spend some time with it before investing. Understand its behavior and its fluctuations. Once you feel confident you can start your investment.  Final Thoughts  All things said and done one should invest the amount that he or wants to lose. The same thought process is breaded by the CEO of Giottus Cryptocurrency Exchange. According to him, it … Continued

The post Dogecoin Investment in India: 5 Tips to Remember Before Investing appeared first on Cryptoknowmics-Crypto News and Media Platform.

How to find the next 100x token with Footprint Analytics

The world of blockchain has no shortage of opportunities. According to Footprint Analytics, nine major tokens (those in the top 100 market cap) did a 100x the past year.

Why I’m Funding a Short Film With NFTs

Decrypt's special projects editor is trying out a crypto-powered crowdfunding platform for filmmakers. Here's how it works.

Stoner Room Decor Ideas to Elevate Your Space

You know that stoner aesthetics are having a moment when Architectural Digest includes “cannabis" among its predictions for the biggest interior design trends for the new year. The Condé Nast…

The post Stoner Room Decor Ideas to Elevate Your Space appeared first on Weedmaps News.

94% of financial advisors received questions about crypto last year

Bitwise, a leading provider of crypto index funds, and ETF Trends, a noted source of news and analysis in the ETF space, recently released the findings of their fourth joint survey of financial advisor attitudes toward crypto.

The post 94% of financial advisors received questions about crypto last year appeared first on CryptoSlate.

BlackRock to Track Blockchain and Crypto Firms With New ETF

BlackRock to Track Blockchain and Crypto Firms With New ETF

The world’s largest asset manager, BlackRock has filed for the registration of the iShares Blockchain and Tech ETF that will track the investment results of the NYSE FactSet Global Blockchain Technologies Index. According to a Friday filing with the US Securities and Exchange Commission, the ETF will track companies involved in ‘(a) cryptocurrency mining, (b) cryptocurrency trading and exchanges, or (c) crypto-mining systems.’ The underlying index is also composed of ‘(i) blockchain technology companies, (ii) cryptocurrency mining, (iii) cryptocurrency trading and exchanges, (iv) crypto-mining systems, and (v) video multimedia semiconductors,’ per the filing. The proposed fund will not invest in crypto directly or indirectly via crypto derivatives but plans to invest at least 80% of its assets in stocks included in the index including 20% in futures, options, swap contracts, cash, and cash equivalents. The filing doesn’t come as a surprise as Salim Ramji, the head of BlackRock’s global ETF initially hinted on a blockchain-themed ETF during a December episode of Bloomberg’s ‘Trillions‘ podcast. At the time, he said that the company would hold its crypto ETFs to its high standards for liquidity and transparency. “As the regulatory environment becomes clearer, and as the underlying liquidity dynamics of that market become more to our satisfaction, that some of those dynamics will work in our favor,” he added. BlackRock’s move into crypto ETF’s already aligns with the company’s indirect investment in Bitcoin (BTC). The company has invested close to $400 million in Bitcoin (BTC) mining stocks throughout 2021. Earlier this month, the asset manager revealed that its Strategic Income Opportunities Fund (BASIX) and its Global Allocation Fund (MDLOX) could invest in cash-settled bitcoin futures traded on commodity exchanges registered with the Commodity Futures Trading Commission (CFTC). BlackRock has nearly 400 iShares ETFs trading in the US, with combined assets under management of roughly $2.4 trillion. The firm’s total asset under management (AUM) stands at about $10 trillion.

The post BlackRock to Track Blockchain and Crypto Firms With New ETF appeared first on Cryptoknowmics-Crypto News and Media Platform.

Hinduja Global Buyback 2022 Record Date, Buyback Price, Entitlement Ratio

Hinduja Global Buyback 2022 description – The Hinduja Group has become one of the largest diversified groups in the world spanning all the continents. The Group employs over 150,000 people and has offices in many key cities of the world. Its business are diversified in the fields of automotive, information technology, media, entertainment and communications, infrastructure […]

State Coordination Will Continue To Regulate Use Of Bitcoin

In the absence of clear federal policy around bitcoin, state agencies will continue to coordinate their regulatory actions around users.

Biden calls Intel’s plan to build $20B chip factories in Ohio ‘a game changer’

The chip producer aims to have the factory running by the end of 2025.

What is Psilocybin and Why are People Taking It? (2022 Legal Edition)

Psilocybin’s therapeutic benefits have been recognized by the medical industry too. The Johns Hopkins Center for Psychedelic and Consciousness Research has invested in a psychedelic and psilocybin therapy and research center, thanks to $17 million in funding, so that researchers can learn more about psychedelics, how they can help treat illness, and develop new treatments for behavioral disorders.

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