“One of our institutional traders indicated to us that they had a bug in their trading algorithm, which appears to have caused the sell-off,” Binance.US said in an emailed statement. “We are continuing to look into the event, but understand from the trader that they have now fixed their bug and that the issue appears to have been resolved.”
The hype surrounding popular memecoin Dogecoin had appeared to diminish recently as new altcoins took centre stage.
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SHIBA INU (SHIB) rose above the downtrend line on Nov. 9 but the bulls could not sustain the higher levels. This shows that every rise is being sold by the bears.
Cryptocurrencies use cryptographic protocols, or extremely complex code systems that encrypt sensitive data transfers, to secure their units of exchange.
Safemoon members are now joining in the thousands with competing cryptocurrencies, like Bitrise, and this could continue if the Safemoon team does not address the fundamental issues. However, Safemoon remains one of the most powerful crypto coins out there, but dominance may be short-lived.
Insurance and risk management for digital assets will increase investor confidence, said OneDegree.
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Profit-booking near the resistance line pulled the price back toward the critical level at $49.54 on Nov. 9. The strong rebound off this level on Nov. 10 suggests that bulls are defending this level with vigor.
Within its first eight days of existence, DogeZilla has been said to have grown into a super microcap of $500million from just $50,000.
If current trends continue, observers predict that the last Bitcoin unit will be mined sometime in the mid-22nd century, for instance — not exactly around the corner.
Going by the technical analysis, showing the least resistance and support levels, SafeMoon price has had a historic voyage throughout, which could be the main reason for its popularity. Based on technical analysis, the current price of the SafeMoon token stands around $0.000005 with a market cap of $2,924,837,695. The 24 hours trading volume of the SafeMoon token stands at $35,099,950 with a circulating supply of 585,536,366,402,812 SAFEMOON. There are predictions galore by experts, and their forecast is worth pursuing, helping you decide to buy or sell the SafeMoon tokens.
Registering an account on Binance.US is a relatively straightforward affair and includes providing a user’s email address and password and interacting with a verification email.
Bitcoin’s (BTC) price hit another all-time high at $69,000, while Ether (ETH) continued its long slog toward $5,000 after reaching a new high at $4,868 earlier on Wednesday. Shortly after hitting this fresh milestone, however, traders began taking profit, leading to a nearly $7,000 drop, which plunged BTC’s price below $63,000.
“It’s easy to get carried away, but such aggressive growth is highly unlikely to continue forever.”
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CPI gained 0.9% in October, higher than the estimated 0.6%. The reading marks an acceleration from the 0.4% gain seen in September.
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