‘Not Considering’: Zimbabwe Government Clarifies Stance on Legalising Cryptocurrency
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“It was almost like you just gave a 21-year-old a million dollars,” Harrison said. “I get it -- they were excited to be so popular.”
All the signs, however, were there. Like previous bubbles, people were basing their belief in the cryptocurrency on their emotions, not any intrinsic value. Then there was the FOMO element, which only compounded things. Essentially, bitcoin became an international fever. Random companies were “pivoting to blockchain” for no apparent reason other than that it seemed like a way to create buzz. But when the bubble bursts, FOMO turns into fear of losing, which makes for an especially rapid plunge.
Cryptocurrency Prices Today: Bitcoin and Ethereum fall, Dogecoin sheds 4%Amitabh Bachchan's exclusive NFT collection auctioned for over Rs 7 croreElon Musk hails Dogecoin as ‘people’s crypto’Cryptocurrency prices today: Shiba Inu surges 20%, Dogecoin gains 17%What are meme coins, floki currencies and Dogecoin-killers?
Zhao tweeted on Friday "I remain confident in Binance.US’s business and its commitment to serve its customers and innovate." He added that "this transition will not impact Binance.US customers in any way." post share tweet print email Filed Under: Retail, Regulations & Policy Editors' picks Card companies go green, but hurdles remain
In the meantime, cryptocurrency users (and nonusers intrigued by cryptocurrency’s promise) need to remain ever-mindful of the concept’s practical limitations.
Disclosure: At the time of writing, the author of this feature owned BTC and ETH.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.
Cryptocurrency transactions are recorded on a decentralized ledger. This ledger is called a blockchain. Every time crypto is bought or sold, the transaction is added to the blockchain — a public database of the transactions, which is available to other crypto holders. Anyone can join and participate in the blockchain, but data on individual transactions — and the people involved with them — are secured using cryptography (the basis for the term cryptocurrency). For each transaction added to the blockchain, there’s a digital validation process to verify it and prevent fraud.
The global crypto market cap jumped about 4 per cent to $2.85 trillion. However, the total crypto market volume was almost flat to $97.46 billion.
Bitcoin made a new life high at $66,998 on 20th Oct and since then it entered into a retracement phase and subsequently prices dipped below $59,000 in the following days.
If you already have a wallet on the Binance Smart Chain, getting Safemoon is as simple as exchanging it for any other token in your wallet on a decentralized exchange (DEX) such as PancakeSwap.
ST. MARTIN, Miss. (AP) — A south Mississippi church is allowing parishioners to give offering or pay tithes using cryptocurrency.