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“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.”

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Meanwhile, on WazirX, an Indian crypto-currency exchange platform, SHIB overtook Bitcoin’s position as the top traded token in the Indian rupee market this week. “In the past 24 hours, over $320 Million worth SHIB has been traded on WazirX. This market movement has also caused WazirX to record an all-time-high 24-hour trading volume of over $560 Million,” said Nischal Shetty, founder, and CEO of WazirX. .

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During Bitcoin's massive run in 2017, JPMorgan Chase (JPM, $151.12) CEO Jamie Dimon called the asset class a "fraud," claiming it is "worse than tulip bulbs," referring to the Dutch tulip bubble burst in the 1600s.
"My nurses and health care professionals are angry," said Elizabeth Hawkins, negotiator for a union of 32,000 nurses that could soon go on strike at hospitals and clinics in Southern California and Hawaii run by health care giant Kaiser Permanente.

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The memes then spread over to cryptocurrencies – and there are now a few major ones today.
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Read More: Diem Coin Release Date: When Will The Facebook-backed Currency Launch? Gfinity Esports is supported by its audience. When you purchase through links on our site, we may earn an affiliate commission. Learn more Planet Crypto Mobile Game Helps Shiba Inu Burn By Destroying SHIB With Ad Revenue Planet Crypto Boxing Champion Tyson Fury Partners With Floki Inu Coin

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Even though Cardano (ADA) has seen an upward correction that sent it towards mid-$2, the price is still maintaining a struggling pace. Trend lines in the asset show a sideways zig-zag, up and down pattern. Depicting numerous dips and recoveries in just the past hour alone. Starting the early hours of the morning was ADA at $2.75. A bit shaky but was holding on tight to this price point. Flash crash sends ADA price to three-week lows | Source: ADAUSD on TradingView.com

  • Bitcoin News Ladysmith

    The daily chart shows that the Cardano price has been in a bearish trend in the past few weeks. The coin has dropped by more than 35% from its highest level this year. It has also moved below the 25-day and 50-day moving averages.

    But after hovering near lows for a few months, the COIN stock rose above trendline entries and then exited a bottom base in mid-October. Bitcoin stock continued to rise, extended from any point of purchase.
    Daily Crunch: Discord CEO says company has 'no current plans' for crypto integration

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    In 2000 Saylor and other executives fraud charges resolved with the SEC – without admitting or denying wrongdoing – after the agency said MicroStrategy “substantially overestimated its revenues and earnings.” Other relationships have questions raised on the company’s expenses in past years.

    Struggling alongside the other cryptocurrencies is Cardano (ADA). The asset had long left behind the $2 price point since mid-August, with indicators pointing towards a pathway to $5 following upgrades. But with the current flash crash, the digital asset lost over 18% of its value. This set it on a downward trend that saw ADA hitting the low $2s for the first time in three weeks.
    Visa's stock price is currently $210.42, and its average 12-month price target is $276.92.

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    After registration is complete, go to the app and click the ‘Mine’ button. You don’t have to kееp the aрр oреn, just асtivаte the buttоn every 24 hours and get coins into the account.

    The recent drop in Bitcoin has brought out the "buy the dip" crowd, which likely means more trading volume, and therefore more revenue and profits for COIN. With Coinbase already profitable on the day it began trading, it's far ahead of many other companies that have gone public – whether through a direct listing or an initial public offering (IPO) – in the past year.
    Headed by Canadian Changpeng Zhao, Binance offers a wide range of services globally, from crypto spot and derivatives trading to tokenised versions of stocks, as well as its own cryptocurrency, Binance Coin.

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    The cryptocurrency industry has created lots of opportunities for new exciting projects to enter the market — one of them is Cardano and its coin!

    Is it profitable to mine crypto today? If you are a beginner in crypto mining, you need to understand that the process of getting coins is incredibly difficult. Different currencies require different mining techniques. In order to mine Bitcoin you need to have special equipment such as GPU or ASIC hardware.
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Zhao said the U.S. division won't initially launch in New York since it has not obtained a BitLicense (which is issued by the New York State Department of Financial Services) and neither has BAM, which is regulated by the U.S. Financial Crimes Enforcement Network (FinCEN). Coley, the CEO of BAM and Binance.US declined to comment on plans to apply for one.

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