Binance vs Binance.US - If you want to trade on Binance, the choice is relatively simple. If you are based in the United States, Binance.US is your only available option. If you are outside the U.S., you can trade on Binance's main exchange. This blog will explain the major differences between each platform.
With its hourly RSI nearly bottoming out at around 30, there is a case for optimism. However, to resume bullish movement, FTM will need to hold $2.5 and the nearest resistance at $2.72, based on a 50% fibonacci retracement. It will then need to claim the $2.87 level in the short term. Should it succeed, the key daily level of $3.18 is attainable.
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For the sake of clarity an explicit definition of short, medium, and long term is required. In this work short term refers to the 2–4 and 4–8 day period bands. Medium term refers to the 8–16 and 16–32 day bands. Long term will be used to refer to the 32–64, 64–128, 128–256 and 256–512 day bands. The short, medium, and long term bands will be considered separately to begin with, and then considered collectively alongside the results of the GSADF bubble test.
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.
Cryptocurrencies, or virtual currencies, are digital means of exchange created and used by private individuals or groups.
BTC Price Action: According to CoinMarketCap data, Bitcoin is trading at $63,559.44 as of Thursday afternoon after seeing its price fall by about 4.74% over the last 24 hours.
World's largest cryptocurrency Bitcoin was trading over 4% higher today. The price of Bitcoin rose 4.63% to $68,351 on Coinmarketcap. Market cap of the cryptocurrency reached $1,288.07 billion.
Brian was appointed Binance US CEO after his time as the Comptroller of the Currency. His appointment was in line with Binance strategy to employ regulatory professionals in key offices to help it end it tackle continued crackdown in the hand of regulators.
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Crypto prices have been on a tear for the past several months, but the past week has been the clearest sign of a correction to climbing prices, though many see news of President Biden’s adjustment to the hikes on the capital gains tax as the most apparent reason for the market’s slide as investors cash out hoping their gains won’t be reached by a retroactive application of the rules.
Bitcoin (BTC) is the preeminent cryptocurrency and the first to be used widely. However, hundreds of cryptocurrencies exist, and more spring into being every month.
When bitcoin was rising last year, it seemed like a trend everyone from your grandmother to your barista was suddenly becoming hip to. Of course plenty of folks cautioned that it could be a bubble, but it’s always hard to realize such a thing when you’re in the midst of it. It’s free money, right? Why not get in on it? (Just don’t remortgage your house!)
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
With cryptocurrencies often moving in tandem with Bitcoin, Ethereum was trading up nearly 11% on the last seven days after hitting a new record high of almost $5,000 on Tuesday morning.
Despite this incident, crypto industry experts keep speculating about where Bitcoin's price is headed next with some suggesting it will soon hit $80,000. This past Friday, Bloomberg reported Bitcoin was headed for $80,000 to $85,000, while a crypto data expert said resistance at $60,000 would have provided the last buying opportunity before the coin would head for new all-time highs.
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.
When it comes to fees, both platforms have the same standard fee of 0.1%. The difference is that additional fees vary, depending on whether you are within the U.S. or not. For example, fees for bank transfers to your Binance account are free outside the U.S. However, depending on your method of transfer, U.S. users may pay up to 4.5%.