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KSAT Explains: Beginner s guide to Bitcoin, cryptocurrency and NFTs

KSAT Explains: Beginner’s guide to Bitcoin, cryptocurrency and NFTs From Bitcoin to Nyan Cat, Episode 32 dives into the digital gold rush Published:  Updated:  Tags:  Episode 32: Beginner’s guide to Bitcoin, cryptocurrency and NFTs SAN ANTONIO – You may have heard the word cryptocurrency or crypto, for short floating around in the current cultural moment. If not cryptocurrency, maybe Bitcoin, NFTs, Blockchains. Maybe you were introduced to Dogecoin during Elon Musk’s recent Saturday Night Live appearance. Any short, informal discussion of these concepts whether a news segment, a conversation with a co-worker or a glowing testimonial on social media likely left you with more questions than answers. Why would something completely intangible, separate from any government or bank, have any value? What can you buy with cryptocurrency, and why wouldn’t you just use a normal currency? What if the power goes out?

Why Did Tesla Sell Some Bitcoin?

Why Did Tesla Sell Some Bitcoin? Tesla s intention when selling Bitcoin seems to have been a way to test the cryptocurrency s liquidity. Bitcoin passed. Author: Apr 28, 2021 Tesla s intention when selling Bitcoin seems to have been a way to test the cryptocurrency s liquidity. Bitcoin passed. Tesla s earnings call on Monday revealed that the company had sold off 10% of its Bitcoin holdings for $272 million in proceeds and $101 million in profit. This led to confusion and even a sense of betrayal among some, especially crypto-Twitter. But why did Tesla actually sell any Bitcoin?  Tesla s interest in Bitcoin in the first place seems to have been found while looking for an asset that can generate returns while remaining liquid. 

Dogecoin might have started as a joke, but is anyone still laughing?

A volatile week continues, with more red across the board today. Yesterday’s recovery after the weekend’s flash crash was short lived and hopes of an immediate return to sustained upward momentum faded fast, but Bitcoin is still changing hands at around $55,000 and Ethereum is still holding at over $2,000. These are both levels that many would have been very happy with less than a fortnight ago – the question now is whether we’re in for another period of consolidation between $50-60k before another big move, or if a breakout will come sooner? The excitement of last week’s Coinbase listing has now faded and the dust settled. It felt like there was the barrage of good news last week that would never end, but this week has seen a lot more unsourced stories dribbling out of the mainstream media focusing on old and disproven FUD.

HSBC Lacks Appetite for Bitcoin, Bans MicroStrategy Stock

Jack Dorsey s Cash App is allowing users to send and receive bitcoin without any transaction fees

Jack Dorsey s Cash App is allowing users to send and receive bitcoin without any transaction fees
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