WARREN DAVIDSON: The industry is basically pleading, give us some regulatory clarity.
View: A digital rupee and cryptocurrencies can (and should) co-existAnirudh Rastogi & Amol Kulkarni
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You might recall that back in the very early days of Covid-19 (or just “coronavirus” as it was then known), some crypto nutters enthusiasts started getting excited about the idea that the virus would be good for bitcoin because “paper money” “might be the source of #CORONAVIRUS #SARS2 infection”. After all, “fiat is dirty”:
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Professor Prasad said buyers need to be aware when buying cryptocurrencies as there is almost no regulatory oversight.
“That’s one of the things we truly focused on, providing a means in which the community could talk to the team,” Karony said. This included ask-me-anything sessions held on Discord for the curious to learn more.
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.
How the price of Ethereum will change in the future is impossible to know for certain.
Additionally, 4JNET has its smart contract audited by a world-leading blockchain network security firm. CertiK is known for working with big platforms. Their portfolio includes providing audit services for Binance, Huobi, and OKEx, in addition to blockchain ecosystems like Ethereum, Terra, and Neo.
Interpretation of visual scalograms is subjective so it is desirable to find a more quantifiable way to validate the strengthening of coherence in bubble regimes. Fig 6 shows the wavelet coherence over time for the different period bands, in the case of the “new authors” factor for Ethereum. Coherence values, plotted on the vertical axis, vary between zero and one. Time is plotted on the horizontal axis. The areas of the price time series that are recorded as bubble-like regimes using the GSADF test are shaded red.
In particular, the activities of miners — cryptocurrency users who leverage vast amounts of computing power to record transactions, receiving newly created cryptocurrency units and transaction fees paid by other users in return — are critical to currencies’ stability and smooth function.
“One of our institutional traders indicated to us that they had a bug in their trading algorithm, which appears to have caused the sell-off,” Binance.US said in the statement. “We are continuing to look into the event, but understand from the trader that they have now fixed their bug and that the issue appears to have been resolved.”
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(Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the asset/s mentioned.)
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At the time of writing this review, Binance.US has supported seven cryptocurrencies, including:
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