Another institutional hit for bitcoin–which probably had the most sustained effect–was the SEC’s refusal to approve a bitcoin exchange-traded fund (ETF). This would be a path for more mainstream people in finance to dabble with blockchain; it would allow investors to dip their toes in bitcoin without owning the actual asset. Not only that, but it would make bitcoin available on the most prominent financial markets. The U.S. Securities and Exchange Commission (SEC), however, has yet to allow such a fund to exist–mostly because it is unable to monitor crypto-transactions in order to avoid market manipulation.
What next for Shiba Inu (SHIB) following its 50% crash? Samuel Wan · 5 days ago · 2 min read
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With its bullish structure now invalidated, those looking for long positions will need to eye support levels at $2.44 and $2.2. Should the crypto market remain bearish (with BTC having a probability of revisiting $60-62K), these levels are likely to come into play.
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On Oct. 21, Binance.US suddenly printed a one-minute candle that took BTC/USD from $65,815 to $8,200 — a drop of 87%.
If you are worried about possible scams – funny enough DogeZilla claims it aims to make the crypto space safer for users.
While Digitalcoinprice expects it to reach $0.0000056193 this year and $0.0000166265 in 2028.
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In no time, all the Binancians and the entire crypto world will soon jubilate as Binance.US prepares to list Axie Infinity (AXS) on its platform today. According to the announcement, right after the listing event, Binance.US will open a full-time trading section for AXS/USD and AXS/USDT pairs.
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Safemoon is one such smart contract-based token. It does not have its own blockchain; its supply is managed by a smart contract on Binance’s in-house blockchain.
Having a capped currency means Bitcoin can be used as a store-of-value investment tool. Investing in a store of value currency can be compared to investing in gold. Although there is some transactional value in gold, it is mostly used as a store of value.
Harrison, who still owns SafeMoon, said that the developers have become more professional since the AMA incident: “They’re a bit more scripted, they sit down, they’re in suits.”
Although cryptocurrencies like Bitcoin are virtual currencies, they are treated as an asset for capital gains tax purposes, and “ordinary” investors who purchase Bitcoin as an investment will experience a capital gain or loss when they exchange it for traditional currency, products, or services.
UL, the global safety science leader, can now provide the full suite of conformity assessment services to manufacturers for a wide range of fire safety products for the United Kingdom (U.K.) and Europe, following official confirmation of UL International (Netherlands) BV's new European Union (EU) technical assessment body status.
Eightcap is a multi-award-winning global broker founded in Melbourne, Australia, in 2009. Eightcap’s mission is to build a home for MT4 MT5 traders by delivering an unparalleled trading experience. Unlike some other brokers, Eightcap is authorised an…
This article will discuss various concepts of a cryptocurrency to help you understand the novel financial innovation.