For many people, crypto is a type of alternative investment. Just as you can buy and trade stock in public companies, you can buy cryptocurrency with the hope that it will increase in value over time, allowing you to cash out for a profit at a later date. Some people invest in crypto less for the belief that it will become a popular currency and more as a bet on the blockchain technology behind it.
Of course, crypto is notoriously volatile. The last time Bitcoin reached these levels, it fell back several thousand dollars, and it’s undergone multiple corrections that take it down by half or more. Other coins are even more volatile – the memecoins bounce back and forth wildly at times – and scams and hacks occur with some frequency.
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Cryptocurrency(c) 2021 BloombergNick Baker, BloombergUpdated: October 22, 2021 9:31 am IST
Binance.US claims to have undertaken appropriate measures dedicated to protecting its customers from theft and hacking, in line with its policy of prioritizing security.
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Now I'll turn the call over to Christine Greany of Blueshirt Group to begin. With us today on the call are Kosta Kartsotis, chairman and CEO; Jeff Boyer, chief operating officer; Sunil Doshi, chief financial officer; and Greg McKelvey, EVP and chief commercial officer. Cryptocurrencies Price Prediction: Litecoin, SafeMoon & Cardano — Asian Wrap 27 Oct Cryptos | 10/27/2021 12:46:50 AM GMT Litecoin favors a 20% upswing while LTC bulls remain elusive
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First US exchange traded fund linked to cryptocurrency garners strong demand following debut
While the biggest cryptocurrency trades strong, its market dominance has been dipping as investors shift to altcoins, said CoinDCX Research Team.
Bitcoin’s bullish price rise to near $70,000 in value comes as investors hope to see the $1 trillion market cap remain firmly in place ahead of a volatile trading period.
When the coin gets accepted the way Dogecoin and Shiba Inu have, SafeMoon’s price could propel to new highs. It’s only a matter of time for that to happen and won’t take too long to get there.
Crypto gains may be fueling the labor shortage as people buck low-paying work and take their chances on risky digital assets, research firm says
In this guide:Supported cryptocurrenciesTrading feesLiquiditySupported countriesCustomer supportTrust and reputationIncreasing regulationBinance vs. Binance.US: The verdict
The blockchain technology backing cryptocurrency is inherently secure, thanks to the decentralized — and public — nature of distributed ledger technology and the encryption process every transaction undergoes.
In June, the Chinese Government cracked down on considerable crypto mining operations taking place in the Sichuan province and demanded that Chinese banks and payment channels stop supporting decentralised and anonymous crypto transactions.
Mr Musk has served as a key for driving up the prices for other major meme coins this year, including Dogecoin and Shiba Inu.