Bitcoin price has been consolidating for more than ten days and shows no signs of a directional bias. BTC collected liquidity and could be primed for a move lower. For now, the altcoins are showing strength as BTC coils up. If BTC crashes, altcoins are bound to take a hit.
DAVID GURA, BYLINE: Republican Cynthia Lummis is a senator from Wyoming, a rancher and a HODLer.
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This is mainly because of the extreme volatility that takes place in the industry. If you’re not careful – you could lose a lot of money quickly.
While paying for things in cryptocurrencies doesn’t make sense for most people right now, more retailers accepting payments might change that landscape in the future. It’ll likely be much longer before it’ll be a smart financial decision to spend Bitcoin on goods or services, but further institutional adoption could bring about more use-cases for everyday users, and in turn, have an impact on crypto prices. Nothing is guaranteed, but if you buy cryptocurrency as a long-term store of value, the more “real world” uses it has, the more likely demand and value will increase.
"We are LIVE and BOOMING!," said the community behind the newly launched Lorde Edge coin.
"With more participants in Bitcoin, there is perhaps less volatility, which is in turn attracting more institutional investors and further promoting the stability of the popular cryptocurrency.”
The giveaway, which runs through Nov. 21 at 11:59 p.m. ET or while supplies last, will give up to 220 participants a chance to win one coin from a pool of 20 Bitcoin, 200 Ethereum and 2 million Dogecoin. 'Squid Game' cryptocurrency developers steal millions in purported 'rug pull' scam
Yes, there's a second meme cryptocurrency inspired by the meme dog. And a Wednesday flippening shows it's no joke.
“Based on our current trajectory, I believe we could have an extremely successful IPO in the next two to three years,” Shroder said in response to a question from Bloomberg News. Binance.US would look to close its ‘first seed round by the end of the year,” he said.
Although blockchain appears to be sophisticated as it can be, its core notion is pretty simple. A database, or blockchain, is a sort of digital ledger. To comprehend the concept of blockchain, it is necessary to first understand what a database is. A database is a collection of data saved on a computer system in an electronic format.
The number of people who utilize crypto coins (i.e., utility) and for what purpose impacts their price. The price will rise if more people use them to buy goods and services rather than just holding them.
As per CoinMarketCap, the value of SafeMoon currency is 0.000003967 US dollars, with a market cap of 2.2 billion US dollars. The digital currency has encountered a consistent expansion in its costs since its launch in the market.
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.
“I like the word ‘moon,’ because that’s where I want it to go,” Portnoy said in his purchase announcement.
WASHINGTON (AP) — The Biden administration is calling on Congress to pass legislation that would strengthen government regulation of stablecoins, a form of cryptocurrency that has soared in popularity in the past year.
Bitcoin wasn’t the only cryptocurrency to feel the initial effects, with most of the top 10 all experiencing dips in value.