Turning to the relationships between different cryptocurrencies, significant coherence is observed in the medium and long term between Bitcoin and Litecoin, which it is believed is due to their similarity. It is seen that short term correlations between the cryptocurrencies considered here are dependent again on news items and market wide events. We want your feedback. Do these Subject Areas make sense for this article? Click the target next to the incorrect Subject Area and let us know. Thanks for your help!
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Gold has historically always held value. The precious metal isn’t just used as a component of decorative jewellery: it has often been used as a currency and as an investment. Gold-backed cryptocurrencies essentially bring gold to the blockchain.
Shiba Inu cryptocurrency jumped 50% over the weekend, becoming the 11th-largest cryptocurrency.
Other tokens, known as utility tokens, are only meant to be used within the context of a particular network, so they can’t even technically be classified as tradable assets in the same manner of security tokens.
Users are being warned after a security breach at Robinhood has leaked sensitive information.
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— Elizabeth Goodman is joining Husch Blackwell Strategies to launch its Phoenix office as a principal. She previously was a partner at Christian Goodman PLC.
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Although “smart contracts” represent an important move toward addressing the lack of chargebacks and refunds in cryptocurrencies, it remains to be seen whether they’re enough to solve the problem completely. Still, they’re at least partly responsible for Ethereum’s success.
New York, New York--(Newsfile Corp. - November 5, 2021) - The bullish performance of Bitrise coin has shocked many, especially the pessimist who never gave the coin a chance. The coin continues to attract thousands of members every day, with its popularity making it a trend on major platforms. Today, Safemoon community members are joining Bitrise coin, something that was unthinkable in July and thereabout.
“Bitcoin appears to be pushing out of a bullish flag pattern, and Ether is likely to confirm a long-term breakout on a close above resistance this Friday,” said Katie Stockton, founder and managing partner of Fairlead Strategies, in a note.
With the growing popularity of cryptocurrencies, a variety of digital currencies have emerged on the cyrpto investment scene. It is important to distinguish between three major categories in the crypto world and understand each one of them.
Disclosure: At the time of writing, the author of this feature owned BTC and ETH.
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