Plenty of altcoins have also taken a beating. Dogecoin erased the breakneck gains of the week and then some, nearly halving its price after a meteoric climb last weekend. XRP is down 35% week-over-week, Stellar is down 30% and Polkadot is down 25% since last week.
Crypto exchange urges investors to take ‘long-term’ view while results suggest feverish dealings have cooled
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A layer-one smart contract platform, Fantom, is another take on smart blockchain commonly represented by Ethereum, Solana and the likes. However, its compatibility with the ERC20 standard ensures that users can purchase an Ethereum-compatible FTM token, which can be converted to a native FTM compatible token once they initiate a transfer to their wallet.
There’s already been a major breakthrough on this front, with the first Bitcoin ETF recently making its debut on the New York Stock Exchange. The development represents a new and more conventional way to invest in crypto. The BITO Bitcoin ETF allows investors to buy in on cryptocurrency directly from traditional investment brokerages they may already have accounts with, like Fidelity or Vanguard.
The university hopes the move will raise funding for large-scale conservation and restoration initiatives.
The surge in Bitcoin’s value in recent weeks follows the much anticipated first Bitcoin ETF debuting on the New York Stock Exchange, and a record-breaking October for the stock market in general.
But that doesn’t mean it’s completely secure in the same way most people consider the U.S. dollar or other established currencies to be secure. Since cryptocurrency isn’t backed by any governmental authority, it doesn’t have the same protections as many standard currencies throughout the world.
Under the new law, El Salvador will “promote necessary training and mechanisms so that the population can access [Bitcoin] transactions.”
Finally, users can fund their accounts from as little as $50, making the platform very accessible to beginners. Deposits can be made via credit/debit card, bank transfer, or various e-wallets. Notably, eToro even accepts PayPal and Klarna, making it super easy to fund your trading account!
The worldwide crypto market capitalization is currently $2.90 trillion, decreasing 1.25% over the last day. (Shutterstock)
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Users should also turn on two-factor authentication if they haven’t already done so.
Analyst Ken Goldman cites concerns over the imitation-meat company's wider-than-expected third-quarter losses.
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The recent spin-off of its managed infrastructure business into a company called Kyndryl (NYSE: KD) removes a noncore business from its balance sheet. Also, management promised that the two companies would maintain the current combined dividend.
Mastercard Pens Deal With APAC Asset Management Firms to Launch Crypto-Linked Payment Cards
Cryptocurrency developers build these protocols on advanced mathematics and computer engineering principles that render them virtually impossible to break, and thus to duplicate or counterfeit the protected currencies.