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It’s time for our weekly digest.

Here are some of the most significant stories from the past few days that you should have in your sights:
🔸Visa analysts have determined that USDC has surpassed USDT in terms of monthly transaction volume.
🔸Elon Musk has reached an agreement to launch autonomous driving functionality in China, causing Tesla shares to rise by 16%.
🔸After the halving, BTC miners' revenues have sharply fallen to the level of early 2023.
🔸US Congress members have introduced a bill to tax staking.
🔸In Q1 2024, Tether earned $4.52 billion.
🔸The SEC has been investigating Ethereum’s security status since 2023.
🔸Apple is in talks with OpenAI to use their AI technologies in the iPhone.
🔸VanEck has identified $175 billion in BTC, or 15% of the total supply, on the balance sheets of states and public and private companies.
🔸On the first day of trading, the volume of cryptocurrency ETFs in Hong Kong was only $12 million.
🔸Microsoft signed deal to invest over $10 billion in renewable energy for data centers.

Friday stock market news:
🔸 EUR is up against USD by 0.002% at 1.0742.
🔸 GBP is up against USD by 0.22% at 1.2560.
🔸 Dow Jones is up by 0.64% at $38,629.
🔸 Crude Oil is up by 0.18% at $79.09.
🔸 Gold is down by 0.07% at $2,308.

Take this news into account when planning your next trading session.

Get a 50% bonus on your deposit and make the most of your weekend trading! Just use the promo code FRIDAYMAY03 until May 05 from $10 🤑

The market is waiting for you to make profit on Pocket Option!

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It’s time for our weekly digest.

Here are some of the most significant stories from the past few days that you should have in your sights:
🔸Visa analysts have determined that USDC has surpassed USDT in terms of monthly transaction volume.
🔸Elon Musk has reached an agreement to launch autonomous driving functionality in China, causing Tesla shares to rise by 16%.
🔸After the halving, BTC miners' revenues have sharply fallen to the level of early 2023.
🔸US Congress members have introduced a bill to tax staking.
🔸In Q1 2024, Tether earned $4.52 billion.
🔸The SEC has been investigating Ethereum’s security status since 2023.
🔸Apple is in talks with OpenAI to use their AI technologies in the iPhone.
🔸VanEck has identified $175 billion in BTC, or 15% of the total supply, on the balance sheets of states and public and private companies.
🔸On the first day of trading, the volume of cryptocurrency ETFs in Hong Kong was only $12 million.
🔸Microsoft signed deal to invest over $10 billion in renewable energy for data centers.

Friday stock market news:
🔸 EUR is up against USD by 0.002% at 1.0742.
🔸 GBP is up against USD by 0.22% at 1.2560.
🔸 Dow Jones is up by 0.64% at $38,629.
🔸 Crude Oil is up by 0.18% at $79.09.
🔸 Gold is down by 0.07% at $2,308.

Take this news into account when planning your next trading session.

Get a 50% bonus on your deposit and make the most of your weekend trading! Just use the promo code FRIDAYMAY03 until May 05 from $10 🤑

The market is waiting for you to make profit on Pocket Option!

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Should I buy bitcoin?

“To the extent it is used I fear it’s often for illicit finance. It’s an extremely inefficient way of conducting transactions, and the amount of energy that’s consumed in processing those transactions is staggering,” the former Fed chairwoman said. Yellen’s comments have been cited as a reason for bitcoin’s recent losses. However, Yellen’s assessment of bitcoin as a inefficient medium of exchange is an important point and one that has already been raised in the past by bitcoin bulls. Using a volatile asset in exchange for goods and services makes little sense if the asset can tumble 10% in a day, or surge 80% over the course of a two months as bitcoin has done in 2021, critics argue. To put a finer point on it, over the past 12 months bitcoin has registered 8 corrections, defined as a decline from a recent peak of at least 10% but not more than 20%, and two bear markets, which are defined as falls of 20% or more, according to Dow Jones Market Data.

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