Leading Audio Platform, Pinna, Announces New Podcast Series in Collaboration with Kindness Factory and Kaplan
Bitcoin is increasingly viewed as a legitimate means of exchange. Many well-known companies accept Bitcoin payments, although most partner with an exchange to convert Bitcoin into U.S. dollars before receiving their funds.
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But classifying crypto as an investment is complicated, too. It doesn’t quite fit the mold of a traditional stock or bond, and while cryptocurrencies do share characteristics of commodities like gold — they can be bought and sold for cash and as derivatives based on expected future value — they have no inherent physical value or use.
The funding was intended as the first step towards a future IPO, which Binance still claims is on the cards. Notably, Brooks lost out on the Coinbase IPO when he left to join the OCC. When he took on the OCC role in April 2020, he received $4.6 million for canceling his Coinbase options contract. Just a year later, the stock owned by Paul Grewal, his Coinbase replacement, was worth $300 million when Coinbase was listed.
Since Binance doesn't allow for US Dollar deposits and trading, most of the volume on the exchange occurs against stablecoin pairs such as BTC/USDT, BTC/USDC, and BTC/BUSD (BUSD is Binance's native stablecoin). One other factor to note is that although Binance does have more volume than any other exchange, that volume is spread across a much larger pool of cryptocurrencies than other exchanges such as Coinbase and Kraken. Therefore, it's always important to look at the specific asset you're interested in trading in order to determine how liquid (or illiquid) it is.
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It remains to be seen if Decentraland turns into the next meme coin of choice for retail investors, but it has lately picked up some traction from Reddit users via threads.
Bitcoin is the world’s most widely used cryptocurrency and is generally credited with bringing the movement into the mainstream.
This happens when the promoter of a digital token draws in buyers, stops trading activity and makes off with the money raised from sales.
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What is SafeMoon? The new cryptocurrency and how it compares to DogeCoin and Bitcoin
Caitlin is originally from the Atlanta area and graduated from the University of Georgia, where she covered state and local news and worked for the student-run newscast Grady Newsource. They raised millions for Trump, spent barely any of it on him. Now they’re indicted. About Us Advertising Breaking News Alerts Careers Credit Card Payments Digital Edition FAQ Feedback Headlines Photos POWERJobs Press Print Subscriptions Write For Us RSS Site Map Terms of Service Privacy Policy Do not sell my info Notice to California Residents
A further blow was dealt when China ordered Bitcoin mining in its Sichuan province to shut down completely and furthermore told banks to stop supporting crypto transactions, in a latest wave of restrictions on cryptos.
But this time feels different. It feels like a bubble. The fever in the post-Thanksgiving moonshot ran hotter than we’d seen before. We also began to see a robust supply response.
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Voyager, a cryptocurrency brokerage platform, reached a 19-race deal to sponsor Cassill in the Xfinity Series in his JD Motorsports entry.
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