Bitwise’s chief investment officer explained why the firm has decided to drop its Bitcoin futures ETF and focus on the spot Bitcoin ETF.
Brooks admitted that “bitcoin miners appear to be causing environmental problems.” However, he said Bitfury has taken steps to reduce the industry’s climate impact. For example, Bitfury has designed technology that makes cooling computers and data centers more efficient and reduces the environmental footprint of activities.
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The exchange is cutting off Chinese users and will lose a third of revenues from next year, co-founder tells FT News
In fairness, this is not due to any failing from Binance.US specifically, but rather, is due to the regulatory hurdles it must contend with. That being said, Binance.US currently has 53 cryptocurrencies (including stablecoins) available for trading.
btc$64,789.00 (-3.14%) eth$4,668.18 (-1.38%) bnb$626.65 (-3.54%) sc$0.02 (-3.38%) usdt$1.00 (-0.36%)
Polygon is an Ethereum token that powers the Polygon Network, which aims to provide faster transactions on the Ethereum blockchain.
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There are hundreds of cryptocurrency exchanges already, and dozens based in the U.S. Trade volume on Binance is currently $1.2 billion compared to $660 million on Coinbase Pro, $355 million on Kraken, $75 million on Gemini and $47 million on Poloniex, according to CoinMarketCap as of publication. About 20 percent of traffic to Binance.com comes from the U.S., according to research from The Block.
It remains to be seen if Decentraland turns into the next meme coin of choice for retail investors, but it has lately picked up some traction from Reddit users via threads.
The difference is that stellar wants to target the unbanked, whereas Ripple works mostly with global banks to transfer money among clients at very low cost. Ripple holds all the cards in this corner of the crypto market.
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Traders can choose strategies such as day trading, where positions are opened and closed within a day for quick profits, or go for a scalping strategy, taking small profits from a large number of trades. Other strategies include trend trading, swing trading, and position trading.
Bitcoin plunged to as low as $8,200 on Binances U.S. exchange from around $65,000.
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New York City Mayor-elect Eric Adams pledged Thursday that he would accept his first three paychecks in bitcoin when he formally takes office next year.