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Bitcoin’s surge continued overnight on Monday as the cryptocurrency soared to $68,568.85 in value in the early hours of Tuesday morning, according to Coinbase.

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US-based digital payments major Visa, and Metaverse - a new generation online virtual reality space have come together in buying their first crypto asset.
Andrea Edwards has worked in marketing and communications all over the globe for 20 years, and is now focused on her passion – writing. A gifted communicator, strategist, writer and avid blogger, Andrea is Managing Director of SAJE, a digital communications agency, and The Writers Shop – a regional collaboration between the best business writers in Asia Pacific Main navigation Economics .

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Tokens have been created to use smart contracts or tokens as a form of currency. They do not have a blockchain and are used on decentralized applications (dApps).
Insurance and risk management for digital assets will increase investor confidence, said OneDegree.

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Yet in some ways, the crypto crowd were not wrong. In the almost 18 months since Covid-19 was declared a pandemic, the price of bitcoin has risen by about 525 per cent, from just under $8,000 to a three-month high just above $50,000 on Monday. XRP has climbed by a similar amount to trade around the $1.25 mark.
Twitter is launching a dedicated crypto team to work on blockchain applications and Web3

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Binance currently lists 150 coins and tokens. Binance.US has said it is considering 30 assets to list initially. In a blog post last week, Coley acknowledged that "the ease of issuing blockchain tokens and the perceived lack of regulation could make these tokens targets for abuse," and that the company recognizes it has legal and moral obligations to protect its users.

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    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.

    The SafeMoon crypto wallet has been drumming up excitement among users because the team has been adding support for more coins. SafeMoon’s Karony revealed that the wallet would see additional listings this week and asked his followers which coins they would like to see.
    — Jordan Barth is joining the Pew Charitable Trusts as a government relations associate. He was most recently the DNC’s voter protection hotline & research coordinator during the 2020 election.

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    This section details the data used in this work; all data collection was undertaken while following the appropriate terms of service and privacy conditions of each respective data source outlined below.

    Additionally, EverGrow's creators have cleverly split its TokenEconomics to make it more resilient to market fluctuations. EverGrow burnt almost 50% of its supply at launch, and burned tokens were obliterated from circulation before launch. The remaining 45 percent is reserved for PancakeSawp's pre-sale and Initial Liquidity Lock, with the remaining 5% reserved for its team members and airdrop. The Innovative TokenEconomics will ensure that EvegGrow has all the features to become the Next Big Cryptocurrency.
    People considering investing in Bitcoin or shares and stocks have also been warned over "risky" tips being shared on TikTok.

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    It comes after the cryptocurrency dipped by approximately after surging to $67,700 in late October as traders appeared to pull back in anticipation of another price pump.

    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.
    Briefly, Infinity (AXS) is among the Play-to-Earn games on top of the Ethereum blockchain. Within the Axie Infinity protocol, AXS functions primarily as the main governance token and the native coin responsible for all the to-and-fro of transactions.

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    "Nowadays new coins can be listed on decentralised exchanges on the first day they are created, without any regulation or due diligence," said Jinnan Ouyang from Singapore-based crypto company Openmining.

    Funding rates increased significantly in the hours after BTC/USD passed its recent all-time high and went on to hit $67,100. Bitcoin and Ethereum appear to have lost strength after Thursday's flash crash on Binance U.S.
    SafeMoon captured attention from the get-go. Its name evokes a prudent form of the “to the moon” mantra embraced by crypto crowds looking for prices to burst straight up.

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Crypto Chase referred to the implications of sudden erratic price movements on exchanges, these serving to liquidate traders who should have retained their positions.

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SAN DIEGO (AP) — A Los Angeles man pleaded guilty Wednesday to participating in what prosecutors called a “textbook Ponzi scheme” that defrauded cryptocurrency investors worldwide of more than $2 billion.

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Influencers like disc jockey Diplo, YouTube star Jake Paul and platinum-selling rapper Lil Yachty touted SafeMoon, though none were compensated for doing this, according to Karony. SafeMoon’s Twitter account now has more than 968,000 followers.

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