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Crypto Biz: Crypto outflows surge, a16z’s UK office, and the silent altcoins ban

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A tight regulatory environment in the United States coupled with soaring interest rates is forcing crypto companies to rethink their business strategies. A combination of escalating interest rates and a tight regulatory environment in the United States has driven a $417 million outflow from the crypto industry in the past eight weeks, with halts in trading for many altcoins draining liquidity and prolonging the ongoing crypto winter. This environment is forcing crypto companies to rethink and adapt their business strategies. Crypto exchange Binance, for instance, is moving forward with efforts to diversify its sources of revenue amid legal challenges with regulators. The company is launching a new subscription-based cloud mining product dedicated to Bitcoin (BTC), allowing users without equipment to purchase Bitcoin hash rates via Binance’s cloud mining service. Also taking a new direction is venture capital firm Andreessen Horowitz (a16z), opening its first office outside the U.S. i...

How to Buy Dogecoin on eToro: A Step-by-Step Guide

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Are you interested in investing in Dogecoin? Trying to figure out how to buy Dogecoin on platforms such as eToro? Yeah, we’re talking about Dogecoin . You know, the crypto currency that started out as a joke but has since become a legitimate investment option? eToro is a great platform to buy and sell Bitcoin and other cryptocurrencies. In this article, we will guide you through the process of purchasing Dogecoin on eToro. Introduction to Dogecoin and eToro Dogecoin is a digital currency that was created in 2013 as a joke. It features the popular “Doge” meme as its logo and quickly gained popularity on social media. Dogecoin began as a joke, but it has since become a legitimate investment option. As of August 2021, its market capitalization was over $30 billion. On the other hand, eToro is a social trading and investment platform that allows users to buy and sell a variety of assets. These assets include crypto currencies like Dogecoin . eToro has a user-frie...