Bitcoin (BTC) -5.11% (£48,199.49)Ethereum (ETH) -2.38% (£3,502.32)Binance Coin (BNB) -5.15% (£463.07)Tether (USDT) +0.91% (£0.75)Solana (SOL) -1.38% (£178.60)Cardano (ADA) -7.61% (£1.55)XRP (XRP) -7.29% (£0.90)Polkadot (DOT) -5.50% (£35.69)Dogecoin (DOGE) -5.65% (£0.19)SHIBA INU (SHIB) +8.29% (£0.00004094)Terra (LUNA) -1.43% (£37.61)
At IG, our markets for bitcoin, bitcoin cash, ether and litecoin are quoted against the US dollar. This is how you’ll usually see these cryptocurrencies quoted elsewhere, too.
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In addition to the fiat ramp exchanges, Binance has launched a decentralized exchange and it is adding much-requested features such as margin trading. The company also took an investment from Singapore’s Vertex Ventures, one of a number of sovereign funds in the country, to develop its Binance Singapore service.
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Investors need not worry about these stocks, yielding from just over 3% to nearly 9%, being yield traps.
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It comes after the cryptocurrency dipped by approximately after surging to $67,700 in late October as traders appeared to pull back in anticipation of another price pump.
ISTANBUL (AP) — A presidential decree published Saturday added cryptocurrency exchanges to a list of firms covered by Turkey’s terror financing and money laundering...
For many people, crypto is a type of alternative investment. Just as you can buy and trade stock in public companies, you can buy cryptocurrency with the hope that it will increase in value over time, allowing you to cash out for a profit at a later date. Some people invest in crypto less for the belief that it will become a popular currency and more as a bet on the blockchain technology behind it.
Miners serve as record-keepers for cryptocurrency communities, and indirect arbiters of the currencies’ value.
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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.
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