The country will be the first to recognise the crypto-currency as legal tender from September 7.
The token was trading at $1,157.00 Monday morning - 5.3% lower compared to actual Tesla stock, which closed at $1,222.09 on Friday.
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Business News›Markets›Cryptocurrency›Top cryptocurrency prices today: Cardano, Polkadot, Dogecoin shed up to 5%
The former head of the Office of the Comptroller of Currency (OCC), Brian Brooks, resigned as CEO of Binance.US last week, The Wall Street Journal reported Friday, citing a post from him on the social media platform Twitter. Brooks had only recently joined the company in the role on May 1.
In many ways, 2021 has been a “breakthrough,” says Dave Abner, head of global development at Gemini, a popular cryptocurrency exchange. “There’s tremendous focus and attention being paid to [the crypto industry].”
Gas shortages at the pumps have spread from the South, all but emptying stations in Washington, D.C., following a ransomware cyberattack that forced a shutdown of the nation’s largest gasoline pipeline.
Over in the world of video games, a Saints Row reboot is on the way from Deep Silver and Volition. Although the game features a set cast, there’s still plenty of room for crazy character customization. Speaking of crazy — playing Psychonauts 2 is like living a bizarre fever dream. Find out more about Double Fine’s latest in the GR review, along with how the game could set itself up for another sequel.
Cardano is up over 9 percent in the last 24 hours and nearly 14 percent in the previous week. It is priced at around $2.23.
— “What it has nurtured, though, are Skarlatos’ political ambitions, providing $65,000, records show, to his 2022 bid for a rematch with longtime Democratic Rep. Peter DeFazio,” who is one of a number of members being targeted by the GOP for the midterms. Skarlatos, who became famous after he helped disrupt an attack on a train bound for Paris by an armed Islamic State sympathizer, started his nonprofit a month after losing to DeFazio. He named it “15:17 Trust — a reference to the train attack. It was registered in Virginia, with his campaign treasurer also serving as the group’s treasurer, records show.”
Karony likens SafeMoon’s holder payments to the beginnings of businesses like Amazon.com Inc., where “earlier investors receive higher returns and growth because the initial risk they took was higher than those who joined later.”
Bitcoin and some other cryptocurrencies’ values have skyrocketed in recent years. Bitcoin’s price has more than doubled in 2021, and Ethereum has more than quadrupled in value this year.
Elon Musk changes his Twitter name to 'Lorde Edge' - and some users see it as a nod to dogecoin
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There’s already been a major breakthrough on this front, with the first Bitcoin ETF recently making its debut on the New York Stock Exchange. The development represents a new and more conventional way to invest in crypto. The BITO Bitcoin ETF allows investors to buy in on cryptocurrency directly from traditional investment brokerages they may already have accounts with, like Fidelity or Vanguard.
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Cryptocurrencies’ supply and value are controlled by the activities of their users and highly complex protocols built into their governing codes, not the conscious decisions of central banks or other regulatory authorities.