Crypto News Today 2022 Podcast: Bitcoin, Dogecoin, Shiba, Binance and More! #CryptoNews

Bitcoin and Cryptocurrency DocumentaryBitcoin (₿) is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries

Investor Sues Elon Musk Over Alleged Dogecoin Pyramid SchemeKeith Johnson, a Dogecoin investor, is suing Tesla founder Elon Musk for $258 billion over an alleged pyramid scheme. "Musk used his pedestal as World's Richest man to operate and manipulate the Dogecoin pyramid scheme for profit, exposure and amusement," the complainant said. The case is Johnson v. Musk et al, U.S. District Court, Southern District of New York, No. 22-05037.#ElonMusk #Dogecoin

I had $10 in my bank account’: This 36-year-old went from living paycheck to paycheck to making over $109,000 selling NFTsIn 2021, Brittany Pierre made over $109,000 selling nonfungible tokens, or NFTs, of her photography and flipping other NFTs she bought for a profit.But before that, Pierre was struggling to pay rent on her Chicago apartment or afford groceries and bus fare, she tells CNBC Make It.Her financial situation was very “touch and go,” Pierre, 36, says. She lived paycheck to paycheck and “got pretty depressed.”In March, Pierre learned about nonfungible tokens, or NFTs. Her friend and fellow artist Elise Swopes had just sold an NFT of her work for over $17,600, inspiring Pierre to try and do the same. In addition to asking Swopes for guidance, “I dove straight in, just doing a YouTube and a Google deep dive for a couple of days.”One month later, Pierre started to sell her first NFTs and was soon selling pieces for a few hundred dollars each — more than her physical art earned her, she says.“It was real hard to do $50 photoshoots, trying to peddle $30 prints. I’d have bookings here and there, but it wasn’t sustainable,” she says. “That first couple of $200, $300 [NFT] sales was a lot for me. That’s exactly what I needed to pay rent.”As she made more money, Pierre was able to pay her bills and live more comfortably, but also donate to organizations and invest in other artists’ NFTs — some of which she’s flipped for a return.“Last year has been the first year that I could live completely abundantly, more with my heart, than I ever have been able to,” she says. “I’ve never had a job over $15 an hour, and last year, I was able to make a little over $100,000.”How it startedWhen starting to learn about NFTs, Pierre noticed a few barriers to entry: For most of the top platforms, creators needed to apply or be invited to list their artwork. Once that happens, creators must pay gas fees to mint their NFTs, which can be difficult to afford.Minting an NFT is the process of representing the asset on the blockchain. It allows NFT owners to both prove that they own the asset and be able to sell it if they want. But to mint an NFT, creators must pay what’s called a gas fee, which can cost hundreds of dollars during times of high congestion.With the help of a few friends who connected her, Pierre was invited to NFT marketplace Foundation in March by photographer Zak Krevitt. Another artist raised funds to pay Pierre’s gas fees for her first couple of pieces so she could mint her work, she says.At the time, “I probably had like 10 bucks in my bank account,” she says. “I think fees [were] about $250.”This process of onboarding and helping fellow artists is common in the NFT and wider Web3 community. “That is one thing about this space: If you have a question, somebody is going to answer it,” Pierre says.Through her street style and portraiture photography, “it’s mostly Black women and men that I try to uplift,” Pierre says. “When you look up ‘beautiful person’ on Google, you normally see a white person. So I wanted to put Black people on the blockchain so we can solidify that. I want to highlight the Black experience.”Pierre’s first sales occurred after a notable NFT collector known as Weesh saw her art on Twitter. “After that, I went all in,” she says.Pierre had found another day job, but she decided to quit and pursue NFTs full-time, she says.How it’s goingThe income was life-changing for Pierre.“At first, it started with me paying rent on time and in full without having to make payments. Then, I was able to get groceries — I was living on ramen, ground beef, tuna cans and water for a very long time. I was able to fill my fridge, which I’ve never been able to do on my own,” she says.Beyond necessities, Pierre has been able to treat herself. She has bought more film photography equipment, she says, and splurges every once in a while on Nikes. Additionally, Pierre has been saving to buy a Tesla and a place of her own.Overall, her “quality of life” has improved, she says. And she’s able to help others. If her mom, sister, niece or nephew need anything, Pierre can buy it for them. She also donates to organizations she’s passionate about, she says.Pierre also prioritizes giving back to the NFT community by onboarding other women, inviting them to Foundation and paying their gas fees, she says.‘NFTs can help marginalized people’Pierre sees cryptocurrency and NFTs as a way to build generational wealth, since they allow her to invest and earn money without dealing with traditional financial systems.“I definitely think that not only NFTs, but crypto in general, can help marginalized people, especially the Black community,” she says.Pierre has been successful in the space, but what she has accomplished isn’t necessarily easy or typical. When it comes to investing in cryptocurrency, financial experts recommend being careful, understanding the risks and taking time to research before buying in.Nonetheless, she says, “I do truly believe that crypto and NFTs can be the path of real financial freedom and freedom from racist systems in government and banks.”

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How I Became An Overnight Dogecoin Millionaire This 33-year-old ‘dogecoin millionaire’ is now being paid in the meme-inspired cryptocurrency—and continues to buy the dipsGlauber Contessoto took a big risk on dogecoin, a meme-inspired cryptocurrency that began as a joke, earlier this year.Between his savings and borrowed funds, Contessoto says that he invested over $250,000 in dogecoin on February 5 when it was priced at about 4.5 cents. About two months later, on April 15, he says he became a dogecoin millionaire on paper.Since, Contessoto has refused to sell, despite dogecoin’s ups and downs. He plans to buy more of the digital coin and “hodl” for the long haul.Contessoto believes in dogecoin so much that he now requests to be paid in it whenever he works with crypto brands on social media promotions.Contessoto will earn a total of $25,000 for an upcoming partnership between his YouTube channel and blockchain project Acria Network, he tells CNBC Make It. When finalizing the deal, the company asked if he’d prefer to be paid in U.S. dollars or crypto.“Of course, I said dogecoin,” he says. “So, they literally paid me in dogecoin. They gave me half upfront, and the other half when I deliver the video.”To keep up with his growing “dogecoin millionaire” brand online, Contessoto also quit his day job at a music company in Los Angeles in June. “I had no idea how I was going to make money moving forward,” he says.He earns a little bit of money from selling merch on his website, but his main focus is developing his social media presence.In one month, he has made $28,000 from social media ads and promotions, which was primarily paid out in dogecoin. “That’s about six months salary at my old job,” Contessoto says.After covering all of his bills, including rent, food and other expenses, Contessoto plans to continue to invest as much as he can in dogecoin. Though experts warn against it, ”[I’m] all invested in doge,” Contessoto says. “Doge is my savings account.”As of around 12:00 p.m. EST on Tuesday, his dogecoin holdings are worth around $931,689.

Elon Musk's Speech Will Leave You SPEECHLESS | One of the Most Eye Opening Speeches EverElon Musk, founder and CEO at SpaceX and Tesla, founder of The Boring Company and co-founder of Neuralink and OpenAI, delivers one of the best motivational speeches you will ever hear.“There have to be reasons that you get up in the morning and you want to live. Why do you want to live? What’s the point? What inspires you? What do you love about the future? If the future does not include being out there among the stars and being a multi-planet species, I find that incredibly depressing.”― Elon MuskElon Musk is the founder and CEO at SpaceX, and CEO and co-founder of Tesla, founder of The Boring Company and co-founder of Neuralink and OpenAI. A centibillionaire, Musk is one of the richest people in the world.#ElonMusk #Dogecoin #Bitcoin #BTC #NFT's

Cathie Wood's URGENT Warning for 2022 - Latest Update On Bitcoin, Ethereum & InnovationCathie Wood’s Stock Market Warning for 2022#CathieWood just released an urgent warning to investors that discusses the stock market research #ARKInvest is dedicated to. According to Cathie Wood, #ARKK – the @ARK Invest flagship innovation ETF – is poised to grow at a 30-40% annual rate while stock market indices like the S&P500 #SPY could be filling up with value traps because they're so slow to add things like Tesla Stock (TSLA). So, which is it? After a 40%+ downturn, are the ARK Invest portfolios full of some of the best stocks to buy now, or are these tech stocks going to keep getting disrupted?

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Top 10 Craziest Crypto Stories of 2021 Brazen civil engineering projects, bizarre NFT releases and blatant scams: we recap this year’s craziest news stories from the crypto world.Between the skyrocketing popularity of meme coins and NFTs, a certain Central American country choosing to fully embrace Bitcoin and the ever-more elaborate scams, the crypto industry has seen some wild stories in 2021. Some were stupidly funny, others downright depressing and the select few — weirdly uplifting, and today we will take a look at the best ones.So without much ado, here are the ten crazies crypto stories of 2021, in no particular order:Melania Trump’s NFT Collection Results in Backlash While Crazy Frog Is Forced to Drop NFTs Against His WillWhile NFTs are reaching ever-higher levels of popularity, they are simultaneously becoming the target of more and more criticism for the often meaningless, exploitative or even downright criminal nature of several new NFT releases. Underscoring the current craziness of the market of non-fungible tokens (NFTs), two new announcements were made last week which could truly boggle the mind of someone who hasn’t been closely following the industry for the past several months.Melania Trump, the wife of former POTUS Donald Trump, has decided to publish her “Melania’s Vision” collection, resulting in some backlash. Each token is accompanied by a digital image of a watercolor painting of the former first lady’s “cobalt blue” eyes, as well as an audio “message of hope” by Mrs. Trump.An undisclosed portion of the proceeds from the NFT sale is slated to be donated to a charity cause for children aging out of the United States’ foster care system — with some commenters asking why didn’t Mrs. Trump choose to donate all of the earnings. Others have criticized the apparent lack of meaning behind specifically choosing the NFT format for this particular art sale.Another, even more bizarre story, involves Crazy Frog, a Swedish CGI musician character whose Axel F music video is currently the 25th most-watched video on YouTube at over three billion views.After briefly achieving international stardom, Crazy Frog had disappeared from the scene for more than a decade, only to reemerge a couple of weeks ago with a new single and an announcement of an NFT drop, the latter of which was almost universally criticized — with some commenters choosing to go as far as to send death threats to the unfortunate frog.As it turns out, the artists behind Crazy Frog actually had no personal desire to announce the sale of the controversial digital assets. Instead, they were apparently pressured into it by their producer, who is all but holding the cartoon frog hostage.Snoop Dogg Reveals He’s the Twitter-Famous NFT Influencer Cozomo de’ MediciIn other NFT-themed celebrity stories, it was revealed this September that the Cozomo de’ Medici account on Twitter is run by none other than the popular rapper and entrepreneur Snoop Dogg.Cozomo de Medici is a pseudonymous Twitter user who shares “tales & insights'' from the NFT industry. Besides tweeting memes and weighing in on discussions about digital assets and art, Cozomo also frequently showcases the NFTs that they own personally. Their combined portfolio of collectibles was estimated at about $17 million as of Sept. 25.The account is fairly popular as far as crypto influencers go — having amassed over 143 thousand followers as of Dec. 23 — but until recently, the person behind it was a complete enigma. Cozomo had teased a reveal on Sept. 17, tweeting:“I have been thinking a lot about this, and have realized my real life celebrity status may bring many welcomed eyeballs to NFT.”The actual reveal has never been made by Cozomo themselves, however, three days later Snoop Dogg had tweeted from his own official account:“I am @CozomoMedici”Although it might appear crazy to some, the revelation should not come as a total surprise to those who have been paying attention to Snoop Dogg’s recent social media activity. The famous rapper has been involved in the crypto space, and NFTs in particular, for the better part of 2021, having announced and subsequently released his first NFT collection back in March.Some users have theorized that Cozomo might not be the literal Snoop Dogg, but rather his digital asset manager, due to another reveal tweeted out by the crypto influencer themselves on Sept. 11. The posted image depicts two men standing on the shore of Lake Como in Italy, their faces concealed by digital masks.It is clear from the description that one of them is the American singer-songwriter Jason Derulo, while the other one is white and is thus highly unlikely to be Snoop Dogg:Famous Programmer, Entrepreneur and Crypto Proponent John McAfee Found Dead in His Prison CellMoving on to quite a bit more dark story, John McAfee was found dead in June in his prison cell in the penitentiary center near Barcelona, Spain, where he was incarcerated since October last year.McAfee initially obtained fame in 1987 as the creator of the eponymous antivirus program, which was the first commercial software of its kind. In the years that followed he had made, as well as lost millions of dollars by founding and/or investing in multiple business ventures in fields as varied as messaging and security software, ultra-light flight and herbal antibiotics.A staunch and outspoken critic of involuntary taxation, McAfee has openly admitted to not having filed a single tax return since 2010. As a result, the entrepreneur had been in self-imposed exile from the United States, hiding from tax evasion charges in Belize and, later, in international waters.It is no wonder that when Bitcoin (BTC) came about — built around, among other things, the libertarian ideals of financial privacy and independence — McAfee became one of its strongest supporters.In July 2017 the businessman had predicted that the price of Bitcoin would reach $500,000 in three years. McAfee was so confident in his prediction as to promise to “eat [his] own d*ck on national television” if it doesn’t come true.Neither the prediction nor the promised genital consumption came to be, as Bitcoin had only managed to reach the price of about $9,141 by July 17, 2020, while McAfee backed out of his bet, claiming that it was merely a “ruse” to attract new users to the cryptocurrency.The U.S. Department of Justice, assisted by Interpol, had finally caught up to him in October 2020, when he was arrested in Spain. After spending several months in a Spanish prison, McAfee was found dead in his cell following an apparent suicide on June 23, 2021, just hours after the court had authorized his extradition to the U.S.Several details of his death, including an earlier tweet in which he claimed that he would never commit suicide, have given rise to multiple conspiracy theories, none of which have been proven correct to date.Crypto Scam Revenue Grows 81% Year-Over-Year, Reaching Above $7.7 BillionA report published in December by the blockchain data firm Chainalysis has revealed the staggering scale reached by cryptocurrency scams in 2021. According to the company’s findings, the combined revenue from all crypto-based fraud has reached more than $7.7 billion this year, an increase of 81% over the 2020 numbers.It appears that this year’s impressive performance was mostly driven by a relatively new type of scam, the so-called “rug pull,” in which malicious actors spend some time pretending to work on a new project and generating hype around it, only to run away with investors’ funds after a sufficiently high sum has been secured. According to Chainalysis, if one subtracts the volume of rug pulls from the total scam revenue, the remainder will be on a similar level to that of last year.The decentralized finance (DeFi) industry, which was completely “plagued” by rug pulls according to the report, has suffered the most, contributing over $2.8 billion to this year’s total. AnubisDAO and Uranium Finance were the largest scams in this particular category. The largest overall rug pull, however, took place on a Turkish centralized crypto exchange (CEX) Thodex, which stole a mind-blowing $2 billion worth of digital assets from its customers in April this year.In a sign that crypto scammers are always improving their skills and becoming more efficient, the average active lifespan of a scam went down from over 2,000 days in 2013 to less than a hundred in 2021.A conflicting report by blockchain analytics firm Elliptic provides an even higher total estimate: according to the firm, fraud and theft in the DeFi space alone accounted for $10.5 billion in money lost this year. If Elliptic’s analysis is correct, it would make 2021 the current all-time high year for the crypto scam “industry.”Indian Prime Minister’s Twitter Account Gets Hacked, Used to Promote Bitcoin Giveaway ScamNow that we’ve dealt with the general statistics, let’s zoom in on the specifics of a couple of the more crazy scams of 2021. The first of these took place less than two weeks ago: the Twitter account of Narendra Modi, the prime minister of India, was hacked in order to promote a Bitcoin giveaway scam.Modi’s Twitter account was “very briefly compromised,” as his team later explained, on Saturday, Dec. 11, and used to post a fake announcement that India has adopted Bitcoin as legal tender. The tweet also falsely claimed that the Indian government had purchased 500 BTC to give away to its citizens and included a link to an article on Blogspot.com promoting the fake giveaway.The prime minister’s team had quickly reacted to regain control of the account, delete the offending tweet and inform the followers of the incident.Giveaway scams targeting high-level Twitter accounts usually work by asking the followers to send Bitcoin or other cryptocurrencies to the scammer’s address with a promise to send back double the amount — which, of course never happens — and are not

BEST Cryptocurrency to Invest in 2022 for Beginners and Pro'sCrypto offers a new class of investment assets that have seen explosive growth over the last few years. More and more money is flowing into crypto, and as such, if you are thinking of trying your hand, then this is the best time. Here are some highlights:The crypto market is filled with a lot of projects, each with its own merits.As a beginner, it’s often hard to decide what to buy.But the key is to focus on coins that are more established with some name recognition.Here are the best cryptocurrencies for beginner investors:Bitcoin (BTC)Bitcoin (BTC) is the biggest crypto by market cap and is seen as the gold standard as far as the crypto market is concerned. It has name recognition and has been trading for years.You don’t need to do a lot of background analysis to know what Bitcoin is about, and besides, all the info you need to trade Bitcoin as a beginner is readily available. And finally, you can buy Bitcoin (BTC) in literally all major exchanges out there.Ethereum (ETH)Just like Bitcoin (BTC), Ethereum (ETH) also has global name recognition since it is the second-largest coin by market cap. You will be able to buy and sell it in all major exchanges out there.Besides, these days you don’t even need to buy a full ETH coin or even BTC. This makes the two coins ideal for small investments. Ethereum is seen as the foundation of the blockchain industry and has a lot of future potentials.Tether (USDT)It is also important for beginners to have some investments in Stablecoins. This can help guard against volatility in the market. There are many Stablecoins of course.But Tether (USDT) is a great option. It is ranked among the top 5 cryptos by market cap and has the same name recognition as Ether and Bitcoin. You can also purchase it in major centralized exchanges.These are some of the best performing coins in 2021 – But it’s still not too late to buy021 has largely been the year of crypto. The industry has generally reported outstanding growth. But despite this, some projects or coins have just blown everyone else out of the water. Here are some highlights:Overal returns in the cryptocurrency have outpaced other asset classes by huge margins Although it may seem like it's too late to buy into these high growth coins, it's really not. More growth could still come from the crypto space in 2022 and beyond. Well, here are our picks of coins that have performed exemplary this year but still offer enough upside for more growth.Solana (SOL)Solana (SOL) has often been dubbed the Ethereum killer. The project is designed to give developers an alternative to Ethereum and has been growing. New projects are launching on Solana, and the network is promising users low fees, better speeds, and overall blockchain efficiency. Solana (SOL) has been the standout performer in 2021, gaining over 12000%. But there is so much to come from this token in the coming years. In fact, some experts believe that SOL will hit $1000 by 2027. At the time of writing, the coin was selling at $175.Cardano (ADA)Cardano (ADA) has also been one of the main performers of the year. The coin right now ranks among the top ten cryptos in the world by market cap. At the time of writing, it was trading at around $1.37. ADA has actually lost momentum as we head towards the end of the year. After an explosive start into 2021, the coin was well on course towards gains of over 1500%. But the crypto market correction that we saw in November and December has eaten into those gains. As a result, ADA will return around 675%. It's still a decent return, but more so, it means that the coin could still surge further in the future.The best Layer-1 blockchain projects to buy at the start of the yearInterest in Layer 1 blockchain projects has been rising by the day, and it’s not hard to see why. These projects are going to be huge in the future, but here are some highlights:Layer 1 chains address the scalability problems of blockchain technology.They also give users better fees, speeds, and efficiency.Although we have seen an uptick in new Layer-1 blockchain projects, there are a few that have truly stood out.Here are our top three picks of the best Layer-1 blockchain projects to buy at the start of 2022.Polygon (MATIC)Previously known as the Matic Network, Polygon (MATIC) is a structured Ethereum scaling project designed to bring efficient, low-cost, and fast blockchain infrastructure.At the time of writing, its native token MATIC was selling at $2.62. Polygon (MATIC) is up 13000% this year, and more could still come from the coin in 2022 as investor sentiment towards Layer-1 blockchains grows.Ethereum (ETH)Ethereum (ETH) is the king of Layer -1 blockchains. Yes, the platform has seen stiff competition from other newer options, but it still remains a solid investment simply because of its vast infrastructure.Over 4000 projects have launched on the Ethereum network, and besides, ETH is the second largest crypto after Bitcoin. It’s therefore worth it, and at the time of writing, ETH was trading at around $3794. Although it’s a bit lower from its 2021 highs, ETH is still up 405% for the year.Solana (SOL)Solana (SOL) is perhaps one of the most promising alternatives to Ethereum. The network is promising better speeds, low costs, and cross-chain interoperability. So, far it has earned a lot of respect and growing support in the crypto space.Solana is also seeing an uptick in the number of projects launching on the network. This year alone, its native token SOL has grown by a whopping 12000%. At the time of writing, the coin was trading at $176.Good luck and we hope 2022 is your year!

Bitcoin is losing its dominance over other cryptocurrencies in payments to merchants, crypto processor BitPay saysBitcoin's dominance in making cryptocurrency payments appears to be fading.Both people and businesses are using other crypto coins to make cross-border payments, bitcoin payment service provider BitPay recently told Bloomberg.Transactions made in bitcoin towards merchants that use BitPay tumbled to about 65% of payments in 2021, a sharp drop from 92% in 2020, the company said. Ether made up 15% and stablecoins were 13%. The least-used tokens to make payments were those added only recently to BitPay's roster — dogecoin, shiba inu, and litecoin — which accounted for 3%.This shift away from bitcoin happened partly due to a preference for stablecoins, while other cryptocurrencies were dropping, Atlanta-based BitPay said. Another factor might be users not wanting to spend bitcoin if they think its price could increase 10-fold within a year. Stablecoins are cryptocurrencies pegged (or have a fixed exchange-rate) to a real-world asset like gold or the dollar. These are designed in a manner to maintain a stable price over time. For instance, one USD Coin (USDC) is intended to always be worth one dollar. Meanwhile, bitcoin is a highly volatile crypto asset.People used their cryptocurrency to buy luxury goods including cars, jewelry, boats, watches, and even gold, according to BitPay. The company's transactions for luxury goods soared 31% in 2021 from 9% in 2020, while overall payment volumes rose 57% year on year. It had 50% revenue growth last year.10-year-old BitPay aids companies including Microsoft, Amazon, and Apple in enabling customers to make cryptocurrency payments. Its transaction volumes can serve as a reference for which types of tokens are being used most.Cryptocurrencies have recently taken a hit after the Federal Reserve's December meeting further fueled market expectations of a possible rate hike in March, enough to weaken crypto and tech stocks. This has heightened concerns about a liquidity squeeze, which can be a pressure on risk assets."Our business ebbs and flows to some degree with the price. When the price goes down, people tend to spend less," BitPay CEO Stephen Pair said. "We have not experienced as much of a decline in volume with this recent pullback. It's probably just a reflection of more and more companies that need to use this as a tool to conduct payments."Bitcoin was last trading at $42,662, down from an all-time high of $69,044 in November. It's risen just 16% in the last year, compared with the S&P 500's 23% gain.

Dogecoin: The Cryptocurrency For The People By The People Theme MusicDogecoin is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system as a joke, making fun of the wild speculation in cryptocurrencies at the time. Despite its satirical nature, some consider it a legitimate investment prospect.

10 TRUE blockchain and bitcoin horror stories Gather 'round for this special blood-curdling crypto news flashback that will have you HODLing a blanket. Beware the death grip on bitcoin wallets!