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The protests in the country in 2021, which prompted the government to shut the Kazakhstan Internet infrastructure down, thus halting bitcoin mining operations, led to another slump. From a high of US$68,790 to one bitcoin in November 2021, the exchange rate fell 42% in December 2021. Many were expected to sell their coins but not just because of issues related to Kazakhstan. Other factors, including aggressive Federal Reserve policies, inflation, fear of regulations, uncertainty over the new COVID-19 variant, and a major scam in Pakistan. But a federal judge in Texas blocked the data acquisition following a lawsuit from Colorado-based Bitcoin company Riot Platforms and the nonprofit Texas Blockchain Council. The lawsuit argued that rushing the survey through in an emergency violated the Paperwork Reduction Act of 1980, and that some of the data requested was proprietary information. Rather than an emergency authorization, the new survey will be posted online in the Federal Register, go through a standard 60-day public comment period and be revised before needing final approval from the federal Office of Management and Budget. Read More.ether usd
By Cryptopolitan_News The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. The protests in the country in 2021, which prompted the government to shut the Kazakhstan Internet infrastructure down, thus halting bitcoin mining operations, led to another slump. We also explain the relationship between Bitcoin and Ethereum prices, ETH price vs other copyright prices, and some key price drivers. As the popularity of cryptocurrencies has grown, so has the number of copyright exchanges available, each offering a unique set of features and services.
| About author: | ||
| First Name, Last Name: | Larry Wilson | |
| Postal address: | 4539 Arbutus Drive, Miami, 33141, United States | |
| Tropical zodiac: | Capricorn | |
| Company: | Prestiga-Biz | |
| Occupation: | Political analyst | |