Notes

Bitcoin Price Extends Drop After China Intensifies Crypto

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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://images.hindustantimes.com/img/2021/05/01/550x309/2021-04-28T135633Z_1_LYNXMPEH3R0XX_RTROPTP_3_TURKEY-CRYPTO-CURRENCY-BAN_1619886551655_1619886556801.JPG" alt="Top cryptocurrency news on July 8: Major stories on Bitcoin, exchanges and crypto-linked cards"><span style="display:none" itemprop="caption">Top 10 Best Cryptocurrency News Websites In The World - by CryptoCoin PR - Jun, 2021 - Medium</span>
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<h1 style="clear:both" id="content-section-0">The Best Guide To Cryptocurrency news - Coinspeaker<br></h1>
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<p class="p__0">As the popularity and cost of bitcoin, dogecoin and ethereum continue to rise, so too do the online frauds associated with those digital currencies. Americans have actually lost more than $80 million in cryptocurrency investment frauds considering that October, a 1,000% increase from the fall of 2019, according to Federal Trade Commission data.</p>
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<p class="p__1">The FTC information, launched Monday, revealed about 7,000 reports of crypto financial investment scams received by the agency given that last fall, with an average loss of $1,900. The losses are happening as, celebrities back dogecoin and more Americans attempt to comprehend what cryptocurrency is everything about. "All of this plays right into the hands of fraudsters," Emma Fletcher, a program expert with the FTC, stated in an analysis of the data.</p>
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<p class="p__2">Although considered an extremely unstable kind of cash by numerous experts, bitcoin of nearly $50,000 in February, in part due to the fact that more business are accepting it as a form of payment. Starbucks, Visa and Whole Foods are simply a few of the significant retailers that accept bitcoin. Tesla CEO Elon Musk earlier this year revealed his company was accepting bitcoin as payment for its electrical automobiles, only to recently.</p>
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<p class="p__3">The number of ATMs across the country that use has actually likewise grown. Still, significant swings in worth have actually kept many standard investors far from crypto financial investments. Find More Details On This Page , for example, fell 36% previously this month after Musk, while hosting "Saturday Night Live," called the digital currency "a hustle.""Cryptocurrency is appealing, but please invest with care," Musk later on tweeted, including a connected video clip that "it should be considered speculation at this moment."Fraudsters, according to the FTC, are discovering imaginative methods to fool people into deceptive crypto financial investments.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://c.ndtvimg.com/2019-02/dcgq6nso_ripple-bitcoin-etherum-cryptocurrency-reuters_625x300_05_February_19.jpg" alt="Why the Cryptocurrency Market is in Shambles Right Now"><span style="display:none" itemprop="caption">Assessing cryptocurrency with Yale economist Aleh Tsyvinski - YaleNews</span>
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<h1 style="clear:both" id="content-section-1">Cryptocurrency news today: Bitcoin down 5 per cent - Truths<br></h1>
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<p class="p__4">In another, scammers posture as celebrities, such as Elon Musk, and technique customers into sending them cryptocurrency by promising that the star will add to their financial investment. Fraudsters also in some cases impersonate a government agency or service connected with cryptocurrencies, the FTC stated."For instance, lots of people have informed the FTC they loaded money into Bitcoin Automated Teller Machine to pay imposters declaring to be from the Social Security Administration," Fletcher wrote.</p>
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