Bitcoin’s (BTC) price hit another all-time high at $69,000, while Ether (ETH) continued its long slog toward $5,000 after reaching a new high at $4,868 earlier on Wednesday. Shortly after hitting this fresh milestone, however, traders began taking profit, leading to a nearly $7,000 drop, which plunged BTC’s price below $63,000.
Robert is a writer from Yorkshire where he received a BA in Journalism from Leeds Trinity University. Having previously contributed to Shout Out UK, Metro and The Yorkshire Evening Post, Robert is fascinated by decentralized tech and blockchain. He has been fascinated by cryptocurrency since early 2020. He looks forward to learning more about the crypto space and educating others through BeInCrypto. Top 6 Projects on Solana With Massive Potential Solana projects are taking over the crypto market. Solana (SOL)... Advanced 2 days ago CFD Regulations Around the World — A Comprehensive Guide Over the past few years, CFDs have been attracting private... View all content Most Read Shiba Inu Dog Purchases Becoming Popular on the Back of SHIB Crypto Popularity Finnovex West Africa 2021: Post Event Roundup Red Bull F1 Completes Limited-Edition NFT Collection Solana’s (SOL) Phantom Wallet Hits One Million Active Users, SOL Also Reaches New All-Time High Medabots Takes the Blockchain Route – Medachain Is Coming Soon Policy Reform Required as Swedish Director Generals Look to Ban Proof-of-Work Mining
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Going forward, it's impossible to know for sure how the value will change and whether it could rise further.
CryptocurrenciesCrypto exchange Binance bows to pressure for physical headquarters
Although Binance.US is growing fast and is now considered to be one of the top exchanges in the United States, it doesn’t measure up to its parent company, Binance.
“We do it in the equity market, we do it in the bond markets, people might want it here,” Gensler said at the Aspen Security Forum over the summer.
In this eventuality, BTC could drop toward the 100 or 200 four-hour moving average. These demand zones sit at $59,000 and $52,000 respectively.
The Biden administration is taking steps to ensure Americans who pay for goods or services with cryptocurrencies don’t sidestep the tax man.
Launch of crypto-linked investment fund lends ‘professional’ edge to swashbuckling asset class
People can also borrow crypto assets on various platforms and earn interest for loaning out assets. This niche of the cryptocurrency space is what is known as decentralized finance, or DeFi. Based on the DLT, various platforms facilitate the lending and borrowing of crypto without requiring the user to submit to the control of a centralized entity. DeFi also includes other aspects as well such as decentralized exchanges, or DEXs.
Bitcoin and Ethereum are in retreat following a flash crash. Binance U.S. was hit with a bug Thursday, resulting in a flash crash that saw Bitcoin’s price plummet by around 90%. Ethereum also dipped 50% on the exchange.
Safemoon offers a unique way of investing in cryptocurrency, as people who hold Safemoon and then sell it are subject to a 10% fee. This fee is halved, with 5% of it being given back to other Safemoon holders – the developers call this ‘reflection’. The additional 5% is split again, with 2.5% being used within the liquidity pools on exchanges such Pancake Swap, with the other portion being converted into BNB.
Polkadot has increased more than 9 percent in the last week. It is trading at $52.87.
Bitcoin’s price spiked above its previous record high of $67,700 seen in late October on Tuesday morning in a continued surge of support for the world’s most popular cryptocurrency.
— Elizabeth Goodman is joining Husch Blackwell Strategies to launch its Phoenix office as a principal. She previously was a partner at Christian Goodman PLC.
A brief technical and on-chain analysis on VeChain price. Here, FXStreet's analysts evaluate how VET can advance further. More VeChain News Analyst predicts Bitcoin price could easily hit $250k by January 2022
Privacy coins are among those most being discussed by investors today. Monero is one of the oldest privacy coins. Its whole purpose is to help users keep their transactions completely anonymous. It also aims to be wholly decentralised. Users are able to complete transactions without needing to trust any user on the network.