ROBINHOOD expects to make its crypto wallet available to all customers in early 2022, as Bitcoin is available on CoinBase today.
Robinhood users can now join a waiting list to gain access to the new technology that will facilitate the transfer of cryptocurrencies when the product is launched.
“We want to make sure our systems scale and we’re ready to handle the full load,” Christine Brown, Robinhood’s chief operating officer, told CoinDesk when they announced that testing will begin next month.
In the meantime, CoinBase could soon eclipse Bitcoin in the crypto space.
“Coinbase brings a different level of credibility to the room as it is the only publicly traded company in the cryptocurrency industry,” reported AMBCrypto.
Read our live cryptocurrency blog for the latest news and updates …
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EXPERT COMMENTS ON THE VALUE OF TETHER
Despite its claims to be a stablecoin, Tether has still seen spikes and sharp falls in price, noted Susannah Streeter, senior investment and market analyst at Hargreaves Lansdown, in May.
She told The Sun: “It has also been criticized for a lack of transparency, has had to settle US lawsuits, and the currency is banned in New York state.”
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CRYPTO USERS WANT DOGECOIN AT AMC. IS ACCEPTED
Meanwhile, in a Twitter poll, users agreed that Dogecoin should be accepted at AMC.
“SO FASCINATING! The Dogecoin poll was by far my highest tweet ever read, ”the company’s CEO wrote on Twitter.
“In 24 hours, 4.2 million views, most retweets, most responses. 140,000 votes 77% yes 23% no. It is clear that you think AMC should accept Dogecoin. “
“Now we have to find out how to do it. Stay tuned!”
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COINBASE COULD FIND BITCOIN
Coinbase could soon overshadow Bitcoin in the crypto space.
“Coinbase brings a different level of credibility to the room as it is the only publicly traded company in the cryptocurrency industry,” reported AMBCrypto.
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EXPERTS DIFFERENT PREDICTIONS OF THE VALUE OF SHIBA INU
Many cryptocurrency fans have predicted the value of Shiba Inu for 2022, but you should treat it with caution as it is nowhere near guaranteed.
For example, the crypto website Wallet Investor expects a value of up to $ 0.000018 in one year.
Meanwhile, the Coin Price Forecast expects it to hit $ 0.00002336 by the middle of next year.
It then expects to end the year at a slightly higher level of $ 0.00003037.
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WHAT ARE THE MOST VALUABLE COINS?
Cryptocurrency prices hit record highs earlier this year as there was interest from high profile individuals like Elon Musk and other institutional investments in the sector.
The most valuable coins are Bitcoin and Ethereum, but there are many alternatives or altcoins that aim to capitalize on crypto rates.
However, values can be volatile and regulators have warned that investors could lose all of their money.
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ALEXIS OHANIAN ON ETHEREUM CO-FOUNDER, VITALIK BUTERIN, PART THREE
“I’ve never been more excited about the potential of the Internet,” added Ohanian.
“And that is mainly thanks to Vitalik Buterin.”
Buterin is the co-founder of Ethereum and co-founder of Bitcoin Magazine in 2011.
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ALEXIS OHANIAN ON ETHEREUM CO-FOUNDER, VITALIK BUTERIN, CONTINUED
“Nobody could possibly have found all the uses for Ethereum, but it took someone’s idea to get started,” added Ohanian of Buterin.
“From then on, a new world has opened up and new ways of using blockchain technology have emerged – which I have invested in a few in.”
“Whether startups like Sorare are reinventing fantasy sports or Rainbow users showcasing their NFT collections, none of this would have existed without Vitalik’s creation.”
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ALEXIS OHANIAN ABOUT CO-FOUNDER OF ETHEREUM, VITALIK BUTERIN
“Thanks to Reddit’s r / Ethereum community, I have had the privilege of following Vitalik Buterin’s career from the start, which is why I take some pride in seeing his legacy grow,” Ohanian wrote of the programmer.
“Sure, we can talk about the value he co-founded the platform, including Ethereum’s impressive market cap of around $ 400 billion, the dazzling world of decentralized apps, and this year’s boom in NFT trading.”
“What makes Vitalik so special, however, is that he is a builder.”
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ONE OF THE CO-FOUNDER OF ETHEREUM IS CALLED A TIME 100 MOST INFLUENCING PERSON
One of the co-founders of Ethereum, Vitalik Buterin, was named one of Time Magazine’s 100 Most Influential People of 2021.
Former editor-in-chief Alexis Ohanian praised him in a letter for the piece.
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Expert says crypto sanction sends “clear signal”
“Fraudulent cryptocurrency exchanges have long been a key factor for ransomware gangs,” said Tom Robinson, chief scientist and co-founder of blockchain analytics firm Elliptic, in a statement to Reuters.
“This action by the US government sends a clear signal that it will not tolerate this activity wherever it is located.”
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BIDEN ADMINISTRATIVE SANCTIONS, CRYPTO EXCHANGE, CONTINUED
The administration’s Treasury Department accused Suex OTC, SRO of “enabling illegal revenue transactions for at least eight ransomware variants,” according to Reuters.
“Exchanges like Suex are critical to the attackers’ ability to profit from ransomware attackers,” said Deputy Treasury Secretary Wally Adeyemo in a phone call with reporters on Monday evening.
The move “is a signal of our intention to expose and disrupt the illegal infrastructure through these attacks”.
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BIDEN MANAGEMENT SANCTIONS CRYPTO EXCHANGE
The Biden government on Tuesday announced sanctions against a cryptocurrency exchange in relation to its alleged role in facilitating illegal payments from ransomware attacks, officials and Reuters said.
It is reportedly “part of a broader response to the growing threat”.
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CRYPTO AUDIO STREAMING
Audius is a crypto-powered music streaming platform.
It is owned and controlled by token holders and its tokens are known as audio.
According to Audius, more than 5.3 million people have used the platform this month.
Audio has been listed on CoinMarketCap since October 2020 and has appreciated in value following a deal with Chinese social media giant TikTok.
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WHAT IS BINANCE COIN?
Binance Coin was launched in 2017.
It was founded by the Binance cryptocurrency exchange, the world’s largest crypto platform.
Binance Coin works with the ticker BNB and can be bought on the Binance exchange as well as on other platforms such as eToro.
The coin was first introduced for Binance users to receive discounted trading fees, but can now be used to pay transaction fees on Binance and to pay for items on sites like Crypto.com.
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EXPERT COMMENTS ON THE VALUE OF TETHER
Despite its claims to be a stablecoin, Tether has still seen spikes and sharp falls in price, noted Susannah Streeter, senior investment and market analyst at Hargreaves Lansdown, in May.
She told The Sun: “It has also been criticized for a lack of transparency, has had to settle US lawsuits, and the currency is banned in New York state.”
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WHO FOUNDED ALCHEMY PAY?
The cryptocurrency was co-founded by payment industry veterans Molly Zheng, Shawn Shi, and John Tan.
Alchemy Pay first started trading in September 2020.
According to Alchemy Pay, it is the “world’s first” hybrid crypto and fiat payment gateway.
Alchemy Pay allows users to receive payments in the local currency of their choice, regardless of how they are sent.
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WHAT IS SHIBA INU COIN, CONTINUED
Whether or not you have already invested, keep in mind that making money on cryptocurrencies or other investments is never guaranteed, even with a popular one like Shiba Inu.
Cryptocurrencies are particularly volatile, so their values can crash without or without notice.
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WHAT IS SHIBA INU COIN?
Shiba Inu is a cryptocurrency token that allows users to hold trillions of them.
The tokens feature the same Shiba Inu dog as Dogecoin, which has grown massively in popularity recently.
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RISKS OF INVESTMENT IN KRYPTOS, PART FIVE
Finally the truth in Promotional material is a risk when investing in cryptos.
Firms can overestimate the return of products or underestimate the risks involved.
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RISKS OF INVESTMENT IN KRYPTOS, PART FOUR
Another investment risk is the Fees and Charges.
Consumers should consider the impact of fees and charges on their investment, which can be greater than that of regulated investment products.
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RISKS OF INVESTING IN KRYPTOS, PART THREE
A third risk when investing in cryptocurrencies is Product complexity.
The complexity of some products and services related to crypto assets can make it difficult for consumers to understand the risks.
There is no guarantee that crypto assets can be converted back into cash. Converting a crypto asset back into cash depends on the demand and supply in the market.
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RISKS OF INVESTMENT IN KRYPTOS, PART TWO
Another investment risk is Price volatility.
The significant price volatility of crypto assets combined with the inherent difficulty of reliably valuing crypto assets puts consumers at high risk of loss.
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RISKS OF INVESTMENT IN KRYPTOS
We have summarized five risks when investing in cryptocurrencies.
The first is Consumer protection.
Some investments that advertise high returns on crypto assets may not be subject to regulation beyond anti-money laundering requirements.
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Hackers steal $ 600MILLION
Hackers stole $ 600 million in a daring cryptocurrency heist after discovering a “security hole” in a blockchain site.
In one of the biggest thefts in the world, the cyber criminals exploited a vulnerability in the Poly Network, a platform that wants to connect different blockchains together so that they can work together.
The website said the hackers stole thousands of digital tokens such as ether.
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CRYPTO VALUES HIGH HIGH THIS YEAR
Cryptocurrency prices hit record highs earlier this year as there was interest from high profile individuals like Elon Musk and other institutional investments in the sector.
However, values can be volatile and regulators have warned that investors could lose all of their money.
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source https://www.bisayanews.com/2021/09/23/cryptocurrency-price-news-robinhood-crypto-wallet-waitlist-ahead-of-release-as-bitcoin-up-today-on-coinbase/
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