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Bitcoin Investing Made Simple!

The ‘Polish Elon Musk’ and a 3D portal to the Metaverse – Cointelegraph Magazine

Robert Gryn is a serial entrepreneur who has built a high-tech Metaverse scanner which he hopes will act as a portal from our physical reality into the Metaverse. It is no secret that the physical world is beginning to merge with the digital, and that blockchain is serving as the arbiter of reality in many…
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Bitcoin Elliott Wave Theory suggests BTC price can drop to $25.5K this year

The ongoing Bitcoin (BTC) price correction could continue as per almost a century-old technical analysis principle called “Elliott Wave Theory.” The interim bearish outlook put forth by the Elliot Wave Theory appeared as Bitcoin tumbled below $35,000 amid the Russia-Ukraine conflict. Bitcoin wave fractal eyes repetition The theory, which divides a price cycle into two…
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How the UAE became the Middle East’s digital asset champion

The United Arab Emirates is reportedly getting ready to start issuing federal licenses for virtual asset service providers (VASPs) by the end of the first quarter of 2022. The move is expected to become part of a complex regulatory framework that the Middle Eastern nation is looking to establish on its way to becoming one…
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Tonga’s timeline for Bitcoin as legal tender and BTC mining with volcanoes

Lord Fusitu’a, a former member of the Tongan parliament, has shared a timeline for the country’s plan to adopt Bitcoin (BTC). A Tongan nobleman, Fusitu’a had previously disclosed the four-step plan, a copy of the Salvadoran Bitcoin playbook. Step one is remittance, two is legal tender, three is Bitcoin mining, and four is moving national…
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China’s Supreme Court adds digital currency to list of illegal fundraising methods

China’s hardline policy on crypto took another turn on Thursday as the Supreme Court of the country revised its judicial interpretation for illegal fundraising to include digital currency transactions. The Chinese Supreme Court issued a revised version of its “Decision on Amending the Interpretation of the Supreme People’s Court on Several Issues Concerning the Specific…
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Last Bitcoin support levels above $20K come into play as BTC price faces ‘time of uncertainty’

Bitcoin (BTC) may yet reenter the $20,000 zone, but the coming weeks could provide a solid buying opportunity, a new report forecasts.  In its latest market update on Feb. 24, trading platform Decentrader laid out the final areas of support between the current Bitcoin spot price and $20,000. Analyst eyes BTC 20-week and 200-week MA…
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FTX CEO weighs in on Bitcoin market outlook amid Ukraine crisis

The world woke up to a “sea of red” which was not necessarily limited to the financial markets, as Russia declared war on Ukraine early Thursday. The traditional financial markets along with the crypto markets were sliding bearish for the past week and saw a rapid decline early on Thursday. Apart from the crude oil…
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Russia to seize retail deposits if sanctions go too far, official warns

In the event of harsh Western sanctions as Russian forces invade Ukraine, retail customers could be at risk to lose their savings. Russians’ savings could be confiscated in response to sanctions against the country, according to Nikolai Arefiev, a member of the country’s Communist Party and vice-chairman of the Duma’s committee on economic policy. The…
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Sub $30K Bitcoin price sell-off would require panic ‘to a large degree’

Order books, essentially the list of orders that a trading outlet implements to show the interest of buyers and sellers, show considerable buyer interest in the $30,000 region on large exchanges Coinbase and Binance. There is 5,000 Bitcoin (BTC) sat ready to purchase down to a $30,000 price, and another 7,000 BTC down to a $28,000…
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Bitcoin dips 12% as Russian ruble hits all-time low against USD on Ukraine ‘military operation’

Bitcoin (BTC) fell to $34,300 overnight on Feb. 24 as geopolitical tensions in Europe boiled over.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Arguments both ways” for BTC price outlook News that Russia had launched a “special military operation” in Ukraine sent BTC/USD tumbling along with traditional markets, data from Cointelegraph Markets Pro and TradingView…
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