Non-fungible tokens, in contrast to bitcoin, are each unique and cannot be replaced by something else.
While the biggest cryptocurrency trades strong, its market dominance has been dipping as investors shift to altcoins, said CoinDCX Research Team.
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The token distribution by Binance.US will happen only after the network is stable. There will be no delivery fee. The final result will be that once the binance.US customers have the Boba tokens that they are eligible for, they can transmit the same to wallets that are off the binance.US platform. This Airdrop move is just to allow the BOBA tokens to pass through Binace.US into eligible user wallets with ease.
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The token is listed on over 12 crypto exchanges and posted a 3% drop in price over the past 24 hours.
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Fig 5. Wavelet coherence scalograms between online factors and price (with GSADF test bubble overlay) for Litecoin and Bitcoin.
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Binance.US also offers a large number of trading pairs. This includes options to trade two cryptocurrencies without the need to cash out one for USD, as well as options to trade between crypto and a fiat currency like USD. Different exchanges offer different trading pairs based on the cryptocurrencies they offer.
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As this platform does business as a separate entity from Binance, the users’ digital assets will be stored in Binance.US wallets only.
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So the product rewards people who hold onto it instead of trading it. By doing this, it implements a 10 percent penalty tax fee.
Subscriber growth is harder to track than the other metrics. Only the current subscriber count is displayed for a particular subreddit, and historical data cannot be rebuilt retrospectively as subscribers do not have a visible historical imprint. A third-party website, RedditMetrics (http://redditmetrics.com/), has been retrieving and storing real-time subscriber counts; however their data on the particular subreddits of interest only reaches back to 2012 so the subscriber growth analysis can only start at this point. Fig 2 shows the three social media metric time series for each cryptocurrency; note that subscriber growth is the only metric that can have negative associated values, caused by more users unsubscribing than subscribing on a particular day.
"It is one of many schemes by which naïve retail investors are drawn in and exploited by malevolent crypto promoters," Cornell University economist Eswar Prasad told the BBC.