NFTs have taken the place of trading paper cards and go beyond sports in today’s world
NEW YORK (AP) — A cryptocurrency company launched by partners of a major Wall Street trading firm said Tuesday that it has snagged the support of billionaire investor Steven A. Cohen, as big names from the traditional financial world continue to embrace the industry surrounding crypto.
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Ethereum gained 3.85% to $4,720 and Dogecoin was trading 9.73% higher at $0.2858. Digital token Stellar climbed 3.72% to $0.3733 and XRP zoomed 8.05% to $1.26.
Binance.US was founded in 2019 in response to regulations that impacted Binance’s business in the United States. U.S. regulators believed some of the crypto assets that Binance’s trading platform allowed a user to trade were essentially securities. A security is a category of financial products which includes stocks, bonds, and specialized derivatives like futures. Trading in securities in the United States requires extensive licensing. Rather than change its main exchange to suit U.S. regulations, Binance instead created a separate exchange for U.S. customers, called Binance.US.
Due to their political independence and essentially impenetrable data security, cryptocurrency users enjoy benefits not available to users of traditional fiat currencies, such as the U.S. dollar, and the financial systems that those currencies support.
As long as prices avoid closing below this barrier, odds favor a resumption of the uptrend toward a new all-time high at $4,574.
‘Wolf of Wall Street’ Jordan Belfort is urging people to pump his Twitter followers and Dogecoin
The breach occurred on November 3 when an “unauthorized third party” gained access to information from a number of users.
The co-founder of Reddit to partner on $100 million investment to build social media on the solana blockchain
Plus, a short seller’s $1m ‘bounty’ on Tether, more outflows from unloved UK stocks and Tom Stoppard’s Leopoldstadt
Buy Bitcoin, Ethereum, Cardano, Tezos, ChainLink, and more with USD. Link your bank account, add a debit card, or use wire transfer to buy and sell crypto instantly.
Brooks admitted that “bitcoin miners appear to be causing environmental problems.” However, he said Bitfury has taken steps to reduce the industry’s climate impact. For example, Bitfury has designed technology that makes cooling computers and data centers more efficient and reduces the environmental footprint of activities.
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