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This question does not have a plain vanilla answer in ‘yes’ or ‘no’, as the government and the central bank still look unsure as to how to deal with this new-age phenomenon. In 2018, The Reserve Bank of India (RBI) came out strongly and kind of banned these tokens in India. Then in 2020, the Supreme Court of India reversed the RBI ban. That move was welcomed by the crypto exchanges and investors throughout the country. After this, Indian banks have tried to curtail transactions with crypto-exchanges as, in their view, they are governed by RBI. But later, RBI mentioned that banks cannot quote its 2018 ban to customers as it was overruled by the Supreme Court, paving the way for crypto trading to continue in India.
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But even this kind of pullback could not kill the inherent uptrend and in one of our previous reports, we mentioned that a breakout above $62,500 was required for BTC to resume strength.
Safemoon cryptocurrency is currently trending as it shoots up in value. For that reason, traders are looking to invest in Safemoon crypto tokens with the hope of seeing a profitable return. So, here’s the lowdown on the Safemoon crypto token price, how and where to buy it, plus the ticker symbol.
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Ken Griffin thinks bitcoin will be replaced by ethereum and says the Reddit-fueled conspiracy theories about his involvement in the GameStop saga are like a bad SNL joke
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PancakeSwap is Binance's Decentralized Exchange (DEX) and the largest Automated Market Maker (AMM) around.
SafeMoon price is having trouble breaching through crucial barriers as it undergoes correction after a massive upswing. This development is the buy opportunity that the bulls will need before the token decides to double again. Cryptocurrencies Price Prediction: Bitcoin, Ethereum & SafeMoon — Asian Wrap 9 Nov Cryptos | 11/9/2021 3:33:16 AM GMT Bitcoin gives bulls final entry opportunity before BTC explodes to $77,000
While leverage will magnify your profits, it also brings the risk of amplified losses – including losses that can exceed your margin on an individual trade. Leveraged trading therefore makes it extremely important to learn how to manage your risk.
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The electric carmaker said in May that it would no longer accept the cryptocurrency for purchases. It's been a wild ride for bitcoin the last three years.
Blockchain technology has unique security features that normal computer files do not have.
A feature of the Ethereum network is that it enables its users to create decentralised apps, known as ’dapps’, and smart contracts.
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Popular cryptocurrencies such as Bitcoin and Ethereum are built on blockchain technology. Blockchains like Bitcoin and Ethereum are constantly growing as new blocks are added to the chain, increasing the security of the ledger dramatically.