Nelson primarily invests in low cost index funds because “I can see history on that,” she says. The newness of cryptocurrency and lack of trackable data make her wary of these crazy swings.
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.
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The Bitrise coin has been a very aggressive coin in the crypto market in the last few months. Since the coin hit the market in July, the value growth has been impressive. The first investors who bought the token are now sitting at thousands and millions of dollars in profit.
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You might recall that back in the very early days of Covid-19 (or just “coronavirus” as it was then known), some crypto nutters enthusiasts started getting excited about the idea that the virus would be good for bitcoin because “paper money” “might be the source of #CORONAVIRUS #SARS2 infection”. After all, “fiat is dirty”:
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The phenomenon has occurred more frequently in recent days, with Bitstamp also seeing freak order-book events.
Regulation in any financial arena can be a complex minefield, and cryptocurrency is no exception. Allow Coin Rivet to steer you through the murky waters of what it all means. It’s the role of the regulators to create the rules and guidelines – but it’s our job to make sense of it for you…
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SAN SALVADOR, El Salvador (AP) — Salvadorans trying to pay for a cup of coffee or receive money sent from relatives in the United States using the cryptocurrency bitcoin continued struggling to perform transactions Wednesday, a day after El Salvador made it legal tender.
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The team, dubbed Twitter Crypto, will serve as a "center of excellence" for all things blockchain at the social media giant and will be "setting the strategy for the future of crypto at and on Twitter."
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A look at funding rates across exchanges hints at excessive optimism, with traders going long on BTC en masse — a classic indicator of a correction.
Once they have a key, they can obtain and spend cryptocurrency. Without the key, the holder can’t spend or convert their cryptocurrency — rendering their holdings worthless unless and until the key is recovered.