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.
The Financial Conduct Authority (FCA) warns people about the risk of investing in cryptocurrencies, referencing price volatility, product complexity, charges and fees, marketing materials and consumer protection. 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While the current level of currency support leaves room for improvement, it is necessary to remember that it is still early to make the final judgment on the Binance’s policy, particularly regarding the outcomes of its initial implementation at the time of writing this Binance.US review. The platform advises holders of currently unsupported assets to use services of other custodians in any form (cold storage, hot wallet) while other currencies await approval.
Bitcoin and some other cryptocurrencies’ values have skyrocketed in recent years. Bitcoin’s price has more than doubled in 2021, and Ethereum has more than quadrupled in value this year.