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Number of ‘Digital’ Investors in Ireland Grows, With More Turning to Crypto

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Number of ‘Digital’ Investors in Ireland Grows, With More Turning to Crypto

Ireland has indeed embraced technology like no other country, becoming an international leader in innovation and banking. This is why it should come as no surprise that investors are now turning to cryptocurrencies as well.

The number of investors pouring money in cryptocurrencies is on the rise. Roughly 500,000 people reportedly own crypto in Ireland, despite the fact this type of assets is unregulated by the central bank. Per data from the Competition and Consumer Protection Commission, investors are now “going digital,” with 1 in 10 investors hold crypto assets.

One of the main reasons for this can be blockchain projects, which are currently actively raising funds. So why is this number only increasing?

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Let’s find out.

Ireland Social media life is booming

Social media is one of the great channels that offers businesses the opportunity to engage with their customers and target new audiences. It’s also a massive platform for Irish companies to share their expertise and stories with the world, which is why they are increasingly eager to embrace it.

Facebook, Twitter, LinkedIn, YouTube, and Instagram are all popular channels among Ireland’s thriving business community. Businesses want more than anything to get people talking about them online, so they can generate leads or even seal deals with prospective customers who enjoy their content.

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 This is where cryptocurrencies come into play. Once an audience learns that your company is linked to crypto, it wants to learn more about it. 

Also Read: Predictions about when cryptos and blockchain explode

Cryptocurrencies are safe

 The one thing desirable about crypto is the safety it holds. The security that cryptocurrencies possess thanks to their decentralized nature attracts more people into it. Usually, all the transactions made with cryptocurrencies are much harder to trace almost impossible to block. And it’s challenging for someone else to track your information or find out how much you own, since there is no central authority controlling things like when it comes to banks. 

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Cryptocurrencies transfers are fast

Money transfers between people and organizations in different countries have always been another issue here, due to delays. The delays could lead to a loss of opportunity, and this is not something any investor would like to hear. Since blockchain technology is known for its quicker and cheaper transactions, it comes as no surprise that investors are moving to it, since they can transfer money to any part of the world within seconds and not be charged a fortune. 

Cryptocurrencies are private

 Another issue investors have with banks is that all the details and information they keep on centralized storages that can be breached, hacked, or compromised by any other means. If bad actors get access to your personal data, it can be used against you. When it comes to cryptocurrencies, you don’t need to enter any personal information, so there wouldn’t be any worry of such mishaps. 

Cryptocurrencies cannot be duplicated

Another thing that makes cryptocurrencies unique is that they cannot be duplicated. In other words, when you have one bitcoin (BTC), nobody else can claim to have it. It’s amazing and original, much like fiat currencies from different governments worldwide, which are also difficult to counterfeit and steal, unless someone gets their hands on it.

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As long as your crypto wallet or cold storage devices such as USB drive or material storage aren’t compromised physically, you needn’t worry about losing any cryptocurrency temporarily stored in them. 

Also Read: APIs Explained: Their Role in Blockchain & AI

The market offers plenty of crypto trading solutions

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Among numerous solutions the market offers new and experienced traders to invest in and trade crypto, using trading bots is one of the most popular ways to trade crypto in Ireland. It is usually done with the help of an automated trading bot.

These robots are available to anyone interested in trading cryptocurrencies. They are downloadable from most online stores; some for free, some require that you pay a fee to acquire.

Ideally, if you are doing trading for fun, the free options are best for practice, while paid ones are best if you want to venture deeper into serious crypto trading. Here are a few reasons why trading bots are so promising:

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 ● They provide resources to learn.

● They offer analytics tools.

● They make money for you.

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● They provide consistency in trading.

● They can be configured to suit your specific trading style.

Still, there are a few things that must be kept in mind when using any automated trading solution. Although they are automated, trading bots still need your supervision from time to time.

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That said, if you do not know a lot about trading, there is always a bit of a learning curve, and you will need some time to set everything up and configure the bot to your liking. However, once that is done, there should not be too many issues as bots are pretty straightforward to use.

Passionate news enthusiast with a flair for words. Our Editorial Team author brings you the latest updates, in-depth analysis, and engaging stories. Stay informed with their well-researched articles.

World

Psychologist Ana Estrada Becomes The First Person In Peru To Die By Euthanasia

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Psychologist Ana Estrada becomes the first person in Peru to die by euthanasia 

Peruvian psychologist Ana Estrada became the first person in the world to die through euthanasia. She had been suffering from an incurable disease that weakened her muscles for many years.

On Monday, her legal team stated that she had become the first person in Peru to obtain the right to die with medical assistance.

She had been fighting in Peruvian courts for years for the right to choose to die.

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She gained national attention, especially in a country where assisted suicide or euthanasia is considered illegal.

Ana Estrada becomes the first person in Peru to die by euthanasia 

Back in 2022, Estrada was allowed by the nation’s Supreme Court, which validated the ruling by the lower court.

It gave Estrada the right to decide when she wanted to end her life.

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Plus, those who helped her would not be regarded as murderers and would not be punished.

Her lawyer, Josefina Miró Quesada, stated:

“Ana’s struggle for her right to die with dignity has helped to educate thousands of Peruvians about this right and the importance of defending it, her struggle transcended our nation’s borders.”

As mentioned above, Ana Estrada, aged 47, was suffering from an incurable disease called polymyositis. The disease started showing its first symptoms during her teenage years and she had to use a wheelchair from the age of 20.

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Things started to worsen, and by 2017, she lost her ability to get up from her bed. With time, she had problems breathing and developed pneumonia. It got to the point that she could not type and had to use transcription software to write a blog called “Ana for a Death with Dignity.

Also Read: Video of Bullying at Lead British International School, Abuja Goes Viral

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World

Bowie High School Shooting Incident Update: One Casualty Reported, Change In Students’ Dismissal Time Announced 

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Bowie High School Shooting Incident Update: One Casualty Reported, Change In Students' Dismissal Time Announced 

In the wake of the Bowie High School shooting incident, the school was placed on lockdown. The lockdown was imposed on Wednesday afternoon. 

A huge police force assembled following the incident outside the Bowie High School campus in Arlington, Texas.

The shooting incident resulted in one casualty. The person was later transported to a local hospital. The victim was a student who passed away, reported CBS News.

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Several netizens on social media claimed that “a gunfire incident took place outside the campus.” Thus, this is how the cops received the initial reports regarding the incident and rushed to the scene.

The investigation was initiated after they arrived at the scene.

Reunification Space Established Over Bowie High School Shooting

The Arlington police responded to this alarming situation by establishing a reunification space in the Arlington ISD Athletics and Aquatics Center, 1001 E. Division Street. 

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Cops asked people to stay away from the school. 

According to Dallas News, Arlington police updated about the situation via their official social media account on X, shortly after 3:00 pm, per local time, which is the same time around which students are released from school every day. 

The initial statement by the Arlington Police Department read, “Bowie High School has been placed on lockdown while we respond to an incident outside the school. Officers are on the scene now”. It added that more information would be made public soon.

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In a Facebook post, Bowie High School administration urged parents not to enter the school campus. They added that “students will not be released at normal dismissal time.”

Also Read: Granger High School Shooting: Police Catch Suspects Who Fires With Fake Gun

As per Arlington ISD, they have planned to shift all the students present in the school to the reunification facility. However, for safety and security reasons, the exact time of release of all on-campus students was not announced at the time of writing the article.

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Brendan Paul, Accused Drug Mule for Diddy, Pleads Not Guilty to Possession Charge in Miami-Dade

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Brendan Paul, Accused Drug Mule for Diddy, Pleads Not Guilty to Possession Charge in Miami-Dade

A close associate of Sean ‘Diddy’ Combs, Brendan Paul, who is charged with drug possession, pleaded not guilty. Paul has been accused of being the mule for the music baron’s drugs and guns and has been under detention since March 25, 2024. He was arrested at the Miami-Opa Locka Executive Airport and was formally arraigned in a Miami-Dade County courtroom on Wednesday. Paul, who played basketball for Syracuse University in 2019, bonded out of jail on March 26.

The 25-year-old Brendan Paul has been officially charged with possessing cocaine and marijuana-laced candy, a controlled substance. Paul was not physically present in the courtroom, and his attorney, Brian Bieber, entered a not guilty plea on his behalf.

Paul’s lawyer, Brian Bieber, said,

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“We entered Brendan’s plea of not guilty in court today. We will be dealing with this case in the courtroom, not the court of public opinion.”

Videos showed Diddy walking around the same airport where Paul was arrested on March 25 when Homeland Security was conducting a raid on the mogul’s mansions in Miami Beach and Los Angeles. The raids were part of the ongoing sex trafficking probe. Diddy’s attorney, Aaron Dyer, called the raids akin to an “unprecedented ambush” and maintained that his client is innocent and will do everything to clear his name.

Aaron Dyer said,

“There was a gross overuse of military-level force as search warrants were executed at Mr. Combs’ residences. There is no excuse for the excessive show of force and hostility exhibited by authorities or the way his children and employees were treated.”

Diddy is under investigation for sex trafficking, illegal gun possession, and other alleged crimes. Paul, who is very close to Diddy and knows a lot about the goings-on in Diddy’s party, is now a wild card. Though the Feds are not going to see this as a major crime but use Paul as a witness and charges in return for cooperation in the Diddy case and could offer a dropping of charges or a reduced sentence in return.

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Paul’s name was added in music producer Rodney Jones’ amended sexual assault lawsuit against Diddy where the former claimed that Paul worked as a “mule” for the rapper and would procure transport and distribute ecstasy, cocaine, GHB, ketamine, marijuana, mushrooms, and tuci. Jones also revealed that Paul worked as a mule and transported drugs on three separate trips on Dec. 22, 2022; April 28, 2023; and Nov. 4, 2023. Paul Jones allegedly also procured sex workers for Diddy and was the person who negotiated the fees for the sex workers for their services.

Also Read: Diddy and Yung Miami Seen Together in a Photo from a Deleted Instagram Post and Account, Indicating Their Relationship Remains Solid

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