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Earlier today, Bitcoin (CRYPTO: BTC) flash crashed to $8,000 on Binance U.S., the American trading platform of the world's top crypto exchange Binance.
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SILVER SPRING, Md. (AP) — The chairman of the Securities and Exchange Commission said that investors need more protection in the cryptocurrency market, which he said is “rife with fraud, scams and abuse."
Though both assets posted a quick recovery, the event has made a significant impact on the market. Bitcoin retraced by 7.4% a few hours after making a new all-time high at $67,000.
Besides the products offered, one of the effects of the split of Binance.US from Binance was on the liquidity pool.
On Tuesday 9 November, Bitcoin’s price was trading up by roughly 11.5% on the last week after soaring to a new record price of over $68,000 on Tuesday morning.
Squid, which marketed itself as a "play-to-earn cryptocurrency", had seen its price soar in recent days - surging by thousands of per cent.
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It was a rough year for bitcoin–and cryptocurrencies in general. Here’s a look at how we got here.
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SAFEMOON launched earlier this year - and it's already attracting attention from cryptocurrency investors.
Bitcoin is inarguably the most famous cryptocurrency to date. Designed by an anonymous individual under the pseudonym ‘Satoshi Nakamoto’ in 2008, it is the biggest by some distance in terms of market capitalization.* It can be used as a medium of exchange, with companies in sectors ranging from travel to gift cards to jewellers having accepted Bitcoin as payment through anonymous transactions.
Cryptocurrencies and decentralised finance tokens are also highly volatile, so your cash can go down as well as up in the blink of an eye.
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While the MIU is a government-funded organization, its latest decision is not legally binding in Indonesia. ‘#DropGold worked’ — Grayscale ‘flippens’ world’s largest gold fund as AUM hits $60B
Stellar Lumens presents a noble case for itself. The blockchain network wants to allow users to send money anywhere. This is very similar to the goal of XRP or ripple. Ripple is six times larger than Stellar and easier to use.
The token was trading at $1,157.00 Monday morning - 5.3% lower compared to actual Tesla stock, which closed at $1,222.09 on Friday.