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While the biggest cryptocurrency trades strong, its market dominance has been dipping as investors shift to altcoins, said CoinDCX Research Team.

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In this article, we’ll analyse the different factors that affect a cryptocurrency price.
Altcoin. Refers to any cryptocurrency other than Bitcoin, and there are thousands. .

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SAN DIEGO (AP) — A Los Angeles man pleaded guilty Wednesday to participating in what prosecutors called a “textbook Ponzi scheme” that defrauded cryptocurrency investors worldwide of more than $2 billion.
COIN RACE Coinbase & Gamestop may launch NFT marketplace as Public adds Shiba Inu & Bitcoin

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How is the tax dept planning to tap cryptocurrencies and NFTs? What are pros and cons of investing in equity-linked savings ... Digital currencies likely to be legal tender, say Central banks
Reviews of Binance.US are, on average, worse than those of Binance, a small consolation for those who live outside the U.S. Despite this, many of the issues pointed to regarding support for American customers relate to issues that stemmed from the company’s rushed set up of the newer website.

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While the platform has started accepting account registrations and deposits/withdrawals of cryptocurrencies, its services do not yet cover the entirety of the US market, as the following states have been excluded from its support as of the time of writing the review (September 19, 2019):

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    Safemoon members are now joining competing crypto coins, like Bitrise, in thousands, and this could continue if Safemoon team does not address the fundamental issues. However, Safemoon remains as one of the strong crypto coins, but the dominance might be short-lived.

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    © 2021 BBC. The BBC is not responsible for the content of external sites. Read about our approach to external linking. Become an FT subscriber to read: Bitcoin gyrates on fears of regulatory crackdown Expert insights, analysis and smart data help you cut through the noise to spot trends, risks and opportunities. Select Purchase a Trial subscription for $1 for 4 weeks You will be billed $68 per month after the trial ends For 4 weeks receive unlimited Premium digital access to the FT's trusted, award-winning business news Select Purchase a Digital subscription for $7.16 per week You will be billed $40 per month after the trial ends MyFT – track the topics most important to you FT Weekend – full access to the weekend content Mobile & Tablet Apps – download to read on the go Gift Article – share up to 10 articles a month with family, friends and colleagues Select Purchase a Print subscription for $5.75 per week You will be billed $50 per month after the trial ends Delivery to your home or office Monday to Saturday FT Weekend paper – a stimulating blend of news and lifestyle features ePaper access – the digital replica of the printed newspaper Get Started Purchase a Team or Enterprise subscription for per week You will be billed per month after the trial ends Premium Digital access, plus: Convenient access for groups of users Integration with third party platforms and CRM systems Usage based pricing and volume discounts for multiple users Subscription management tools and usage reporting SAML-based single sign-on (SSO) Dedicated account and customer success teams Premium Digital Premium Digital + Print Premium Digital + Weekend Print Weekend Print

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    And, while it has big ambitions, its current market value is someway below the $1 dollar threshold - but has experienced a steady increase in price since its launch.

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    Fig 8(A) shows many significant positive correlations between Bitcoin and Litecoin. This is an expected relationship given Litecoin is technically very similar to Bitcoin (Litecoin is essentially Bitcoin with faster block confirmations). Overall, there is no clear leader in the relationship. However during the interval of the late 2013 price bubble (where Bitcoin and Litecoin reached around $1000 and $40 respectively) it can be seen that Bitcoin is leading Litecoin (slightly downward facing arrows across all periods).

    “We are concerned about rapid increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,” Musk said on Twitter...
    This Ethereum project is bringing ‘virtual lifestyles’ to NFT metaverse Decentraland Lisa Gibbons · 3 days ago · 2 min read

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    In June, the Chinese Government cracked down on considerable crypto mining operations taking place in the Sichuan province and demanded that Chinese banks and payment channels stop supporting decentralised and anonymous crypto transactions.

    If an investor believes in the technology-backed digital currency, then cryptocurrency should be his cup of tea. Just a decade-old asset class, it has yielded astronomical returns over the years. Some investors look to use these digitally coded tokens to hedge against inflation. Despite high volatility and speculations, there are multiple reasons that they can become mainstream in the coming future.
    NEW YORK (AP) — Bitcoin's price surged again Monday after speculation that Amazon may be entering the cryptocurrency sector after it posted a job seeking a “digital currency and blockchain product lead.”

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The country will be the first to recognise the crypto-currency as legal tender from September 7.

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Tokens have been created to use smart contracts or tokens as a form of currency. They do not have a blockchain and are used on decentralized applications (dApps).

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“Regulation is probably one of the biggest overhangs in the crypto industry globally,” says Jeffrey Wang, head of the Americas at Amber Group, a Canada-based crypto finance firm. “We would very much welcome clear regulation.”

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The former US banking regulator and crypto enthusiast is resigning at a time when regulators in Hong Kong, Britain, Germany, Japan, Italy and Thailand have cracked down on Binance due to worries over investor protection. Watchdogs globally also fret that the boom in cryptocurrencies is aiding money laundering and increasing systemic risks.

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