How does cryptocurrency gain value? Like any market, the value of cryptocurrencies fluctuates based on the market’s perception of its value at any given time. These fluctuations may be rooted in some of the supply and demand factors mentioned above or can happen as a result of hidden market factors. Buy low, sell high – using the classic investment strategy, users can increase the value of crypto by buying and holding coins. The buying increases demand and hence crypto value increases.Mining – the act of mining Bitcoins or altcoins can be profitable. It also impacts the supply of cryptocurrencies.Increasing utility – as more institutions invest in crypto and accept it as a form of payment, its utility increases. As a user, you can contribute to this process. This will increase the value of cryptocurrencies over the long term. Media coverage – crypto prices fluctuate according to media coverage. Users can impact this through their social media accounts. Conclusion
Crypto exchange urges investors to take ‘long-term’ view while results suggest feverish dealings have cooled
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Briefly, Infinity (AXS) is among the Play-to-Earn games on top of the Ethereum blockchain. Within the Axie Infinity protocol, AXS functions primarily as the main governance token and the native coin responsible for all the to-and-fro of transactions.
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Such volatility in crypto markets is nothing new. With no formal structure and countless competing exchanges, trading in the digital currency is still akin to settling out in the old American West. Earlier this month, decentralized finance platform Synthetify was forced to halt all trading due to a bug in the platform that provides pricing data. The same software responsible for Synthetify’s troubles was also blamed for a September Bitcoin crash.
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(Bloomberg) -- Crypto exchange Binance.US, whose chief executive officer recently resigned, just appointed a new president.
Asset manager’s planned launch will significantly undercut ProShares’ BITO and Valkyrie’s BTF
We reached out to Binance.US for more information about its security measures and received no response. We’ll update the review if Binance.US gets back to us.
With a year-long spike in the community, Safemoon could trade up to $0.0000089 at the end of next year and peak near an impressive price point for 2022.
CryptocurrenciesAsia crypto sector stays confident despite China regulatory curbs
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Business News›Markets›Cryptocurrency›Top cryptocurrency prices today: Solana, Binance Coin fall; XRP jumps 9%
One finding based on the CivicScience study showed that around 11% said they or someone they know have resigned from their jobs due to crypto trading.
Understanding ICOs and other cryptocurrency offerings (North American Securities Administrators Association)