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.
‘TradFi’ groups say they are investing in digital asset expertise for defensive reasons
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Shortly after achieving these astronomical new heights, Bitcoin’s price fell back toward $62,700 before recovering slightly to around $64,500, while most altcoins endured near double-digit losses.
ELIZABETH WARREN: Right now, our regulators and frankly our Congress is an hour late and a dollar short, and we need to catch up with where these cryptocurrencies are going.
According to the Wall Street Journal, Zhao stated that he would be willing to step down as the CEO of Binance in order to resolve the company’s regulatory problems.
A top official said Zimbabwe is looking to allow cryptocurrency as legal payment, according to a local report Sunday.
Community Focused and fair launch. The dev team burned all of their tokens and participated with everyone else.
Investors to see 'nothing but blowout earnings' for this quarter: Belpointe's David Nelson
Spot trading means you’re not technically “buying” the cryptocurrency, but instead trading your USD for it through either a market or a limit order. A market order means you agree to trade for the currency at the current market price. A limit order lets you put in a designated price at which you want the trade to occur, and when the currency reaches that price, the trade happens automatically. These orders then incur “maker” (for limit orders) or “taker” (for market orders) fees — though on Binance.US, there’s just a standard 0.1% fee.
Although short term relationships are erratic and sparse, this is the period band that contains most of the negative—although usually fleeting—relationships (shown by leftward facing arrows). The relationships link online activity increases to price falls (the converse is not observed). It is not surprising that occasionally discussion is associated with price falls, as negative events (e.g. blockchain bugs, and exchange hacks) are newsworthy in the community.
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Makarov, I. and A. Schoar (2018), “Trading and arbitrage in cryptocurrency markets”, Journal of Financial Economics, forthcoming .
Veterans Day 2021 is here, a day to honor those who served in the U.S. military. The federal holiday, called Armistice Day until 1954, honors all veterans who have served in the U.S. armed forces. It’s observed on Nov. 11 to mark the date when a ceasefire agreement was reached that ended World War 1.
Some cryptocurrencies, like Bitcoin, have a finite number of coins that help to generate demand and reinforce their perceived worth. For example, the maximum supply of Bitcoin is capped at 21 million, as determined by the Bitcoin's creator(s).
While Bitcoin tumbled, Ethereum was heavily rejected on Oct. 21 as it approached its mid-May all-time high at $4,380.
Billionaire Elon Musk hasn’t gotten involved yet like he has with Dogecoin and Shiba, but that’s always a possibility.
If you’re investing in cryptocurrency, expect volatility to continue. That’s why experts recommend keeping your crypto investments to less than 5% of your total portfolio.