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MoneyNews MoneyCRYPTO CRASH? Cryptocurrency price LIVE – Shiba Inu coin UP today and Bitcoin down as Evergrande ‘default’ sparks crash fears
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From a technical perspective, Bitcoin’s price action appears to be contained within an ascending parallel channel that developed since Oct. 4. Every time BTC has risen to this technical formation’s upper boundary since then, it has been rejected and retraced to the pattern’s lower edge. From this point, it tends to rebound, which is consistent with the characteristics of a parallel channel.
As a result of the relationship between supply and demand, the price of a cryptocurrency can be manipulated to an extent. A concerted effort to match all the open orders on a particular crypto across several exchanges will create an artificial shortage.
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That was something similar that happened with Squid Game - but that does not necessarily mean DogeZilla is scam.
Crypto-marketing. A scheme in which promoters of securities tied to cryptocurrencies recruit investors to pitch the investments, often to friends and family and through social media and blogs. In return, these investors are promised a generous return plus the promise of commissions on their sales.
If you don't particularly want to wait for a potential SafeMoon listing on Binance, Coinbase, or another exchange, there are alternative ways to buy SafeMoon.
Binance begins to restrict US users ahead of regulatory-compliant exchange launch
Cryptocurrencies are an alternative to traditional money. Today, some outlets accept cryptocurrencies as a form of payment. However, they bear little resemblance to other asset classes because they are intangible and extremely volatile. They are mainly used by traders for speculating on rises and falls in value.
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Cryptocurrency is a type of currency that’s digital and decentralized. Cryptocurrencies can be used to buy and sell things, and their potential to store and grow value has also caught the eye of many investors.
Bitcoin hit an all-time high of $68,530.34 early Tuesday, according to CoinMarketCap. That's just a few weeks after it hit a previous high of nearly $67,000 before sliding as much as 12%.
Shiba Inu coin is trading up at approximately $0.00005580 (£0.00004113) as of 2.45pm today after smashing through multiple record highs in late October.
However, critics have noted that Ripple’s network and code are more susceptible to manipulation by sophisticated hackers and may not offer the same anonymity protections as Bitcoin-derived cryptocurrencies.
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ProShares Bitcoin Strategy ETF, which began trading late last month, was up 10.95% on Monday.