Typically, meme coins don’t gain on fundamentals. Instead, they are usually driven by an internet-based joke.
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His appointment with Binance was seen as a sign that Binance was seeking an image of greater transparency through hiring well-regarded regulators to senior roles.
Squid, which marketed itself as a "play-to-earn cryptocurrency", had seen its price soar in recent days - surging by thousands of per cent.
Cryptocurrency is a good investment if you want to gain direct exposure to the demand for digital currency, while a safer but potentially less lucrative alternative is to buy the stocks of companies with exposure to cryptocurrencies.
Before joining the OCC, Brooks worked as the chief legal officer for Coinbase, a major competitor to Binance.US.
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GURA: Wyoming appeals to bitcoin miners who use computers to crack codes to create new cryptocurrency. That's an energy-intensive process, and Wyoming is an energy-rich state. It also has light regulations and it provides tax incentives. And Lummis is calling on Congress to follow Wyoming's lead.
This, for users in the U.S., is rather unfortunate, making it a slower experience overall, perhaps leading to some finding alternatives to Binance.US. While the options in the U.S. are more limited, there are alternatives to Binance.US.
When bitcoin was rising last year, it seemed like a trend everyone from your grandmother to your barista was suddenly becoming hip to. Of course plenty of folks cautioned that it could be a bubble, but it’s always hard to realize such a thing when you’re in the midst of it. It’s free money, right? Why not get in on it? (Just don’t remortgage your house!)
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Despite the concerning news and slight pullback in traditional markets, BTC and ETH prices rose, a dynamic that analysts such as Anthony Pompliano refer to as “asymmetric price action” where investors see a red hot stock market and unsustainable central bank monetary policymaking risk-on assets like Bitcoin as attractive investments and hedges against gold, the dollar and inflation.
An early-morning error led to the value of Bitcoin dropping nearly 87 percent on Binance's crypto exchange.
— Jordan Barth is joining the Pew Charitable Trusts as a government relations associate. He was most recently the DNC’s voter protection hotline & research coordinator during the 2020 election.