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The repeated retest of a support level within a short interval tends to weaken it. If the price breaks below $49.78, the DOT/USDT pair could drop to the 20-day EMA ($48.09). This is an important support for the bulls to defend.

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New short-term investors who are selling their holdings in reaction to the drop may be influencing the continued dip in Bitcoin’s value, according to a recent report from Glassnode Insights, a blockchain analysis firm.
After the flash crash, Bitcoin's level on Binance U.S. "almost immediately snapped back to where it had been," according to a Bloomberg report. .

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Even though the current downside move is sure to shock some investors, slight corrections after reaching new all-time highs are a customary practice for Bitcoin.
The plunge occurred at 7:34 a.m. New York time, according to the Binance.US website. Volume on the exchange in that minute was 592.8 Bitcoin, which are worth just shy of $40 million at current prevailing prices.

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Fun StuffThe 'very British' note has been branded hilariously "passive aggressive" by web users.
Transactions are internet-based and are recorded in a blockchain. The blockchain shows the transaction history for each unit and is used to prove ownership. The digital assets are best visualized as virtual tokens. These tokens mean something to the internal system and can be programmed to record financial transactions and other valuable information.

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Copyright: © 2018 Phillips, Gorse. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

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From the rise of meme stocks to the increasing mainstream adoption of crypto, Wall Street has embraced once-fringe areas of investing and finance.

  • Bitcoin Forum Finanzen

    RelatedNew York Mayor-elect Eric Adams envisions crypto paychecks for allChingari's crypto token raises $40mn within 24 hours of its live saleJeffries’ Chris Wood raises Bitcoin allocation at cost of goldPaytm may launch Bitcoin trading if India legalises cryptocurrency

    Can a hamster trading cryptocurrency beat human investors in the stock market? Mr Goxx can.
    ITV Good Morning Britain flooded with complaints to Ofcom over Dr Hilary and Richard Madeley chat

  • Bitcoin Etf Postponed

    DeFi stands for decentralised finance token. They are very complex but essentially aim to disrupt the finance world to enable people to follow and lend in peer-to-peer networks, without needing a bank.

    The launch of the SafeMoon (SAFEMOON) wallet ran into unexpected technical issues, shortly following its release.
    NameLTPChg (%)Vol (24h, Cr.)M.Cap (Cr.)Circ. Supply (# Cr.)NKN58.9818.50%2,6953,79070.00 Understanding DeFi and its sudden growth in India with Ashish Anand of Bru.Finance

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    When the market adjusts, the price shoots up. Large holders of that crypto can then cash in on the gains by dumping their coins, bringing the price down. Although exchanges know about these methods, stopping them isn’t all that simple, as the perpetrators know how to stay under the radar.
    Based in San Francisco, Binance.US is operated by the U.S.-registered company BAM Trading Services which acts as its official partner. Its relationship with the international Binance franchise is strong enough for Binance.US to be designated as its “arm”, yet the Binance CEO Changpeng Zhao claims that he has no "legal titles" or an "operational role" in it. Binance.US is headed by Catherine Coley, a former executive at Ripple.

  • Top 10 Bitcoin Gambling Sites

    From a meme coin perspective, DogeZilla appears in a way to throw shade at Dogecoin in the sense that it’s the Godzilla of the meme coin.

    Hank Wyatt, SafeMoon’s vice president of research and development, said in a Discord chat that the team will eventually “host an open beta” version before releasing the full application.
    Users are being warned after a security breach at Robinhood has leaked sensitive information.

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