This is the latest in a string of recent high-profile trading problems in crypto. Synthetify, a new decentralized exchange, was forced to shut down for a while earlier this month shortly after its debut because of bad data provided by the Pyth Network, a price feed backed by some of the world's most well-known trading and exchange firms. Pyth malfunctioned another time in September, erroneously making it appear that Bitcoin had crashed 90%.
But of course you'll want to be wary of another possible Squid Game fiasco, which reportedly scammed users of an estimated $3.38million.
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As a beginner in crypto, you’re unlikely to know which cryptocurrency is the best and which one to invest in. There are more than 6000 cryptocurrencies, so picking out the best one with high growth potential by yourself may be an arduous task. Bitcoin is an obvious crypto investment given its popularity and constant growth – even with the frequent market volatility. However, there are many other cryptocurrencies that you can invest in with high growth potential as well.
SHIBA INU (SHIB) rose above the downtrend line on Nov. 9 but the bulls could not sustain the higher levels. This shows that every rise is being sold by the bears.
It will impose a 10 percent penalty tax fee on sellers and redistribute five percent of this tax to other people who already own the cryptocurrency.
Non-Bitcoin cryptocurrencies are collectively known as “altcoins” to distinguish them from the original.
Inspired by the hugely popular Netflix series Squid Game, the tokens had rocketed in value.
Bitcoin mining is raising concerns about its negative impact on the environment. According to the Cambridge Bitcoin Electricity Consumption Index, the industry consumes more electricity than the Netherlands and slightly less electricity than the United Arab Emirates.
Learn Latest News BIC NFT Opinion Bitcoin Altcoin Prices Exchanges Press Releases btc $64970 -5.12% eth $4713 -2.68% bnb $625.71 -5.65% usdt $1 -0.85% sol $241.86 -0.48% ada $2.1 -7.78% xrp $1.21 -9.26% dot $48.39 -6.6% usdc $1 -1.23% doge $0.260246 -6.1% shib $5.639E-5 +6.39% luna $50.78 -1.27% AVAX $87.95 -2.87% ltc $264.84 -7.72% link $35.75 -3.83% Join Telegram
MoneyNews MoneyCRYPTO CRASH? Cryptocurrency price LIVE – Shiba Inu coin UP today and Bitcoin down as Evergrande ‘default’ sparks crash fears
The nation’s president Nayib Bukele passed a bill in June that stated that from September 7, Bitcoin can be used in any transaction and all businesses must accept the e-currency as payment.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.
El Salvador's move to adopt Bitcoin is the first time Bitcoin has been adopted as a legal tender in a sovereign nation.
The buyers will now attempt to push the price to the resistance line of the wedge. If bulls thrust the price above the wedge, the bullish momentum could pick up and the LUNA/USDT pair may reach $62.59.
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