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Bitcoin and ether made record peaks in Asia trade on Tuesday, with enthusiasm for cryptocurrency adoption and worry about ... Quick Links Stock Market Live Portfolio Commodity Market Upcoming IPO Personal Finance Stock Market News Derivatives Mutual Funds Gold Price Sensex Browse Mutual Funds A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Budget 2020 Elections 2020 Lok Sabha Elections 2019 Sports Cricket Football ICC World Test Championship India vs Bangladesh Connect with BS Facebook Telegram Linkedin Twitter Youtube RSS Business Standard is happy to inform you of the launch of "Business Standard Premium Services"
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Crypto companies such as miners Marathon Digital Holdings Inc. and Riot Blockchain Inc. each rallied more than 10% Monday. Coinbase Global Inc., the largest U.S. exchange, gained as much as 3.6%, a day before reporting third-quarter results.
“Volatility is as old as the hills, and it’s not going anywhere,” Noble says. “It’s something you have to deal with.”
When Ethereum and Bitcoin crashed, these “discount plays” tanked. Now, as the mainstream plays begin to build momentum, these cryptos are struggling to get off the ground and make space for their own identities.
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Though both assets posted a quick recovery, the event has made a significant impact on the market. Bitcoin retraced by 7.4% a few hours after making a new all-time high at $67,000.
Bitwise’s chief investment officer explained why the firm has decided to drop its Bitcoin futures ETF and focus on the spot Bitcoin ETF.
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According to Karony, SafeMoon could soon be listed on top cryptocurrency exchanges, increasing the accessibility of the token.
Ethereum’s previous all time high of $4,379.11 was reached in May’s cryptocurrency boom, but the cryptocurrency is now trading at roughly $4,832 (£3,562.31) as of 2.43pm on Tuesday afternoon.
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BTC to BITO: the original cryptocurrency, and the promise and limitations of Bitcoin ETFs
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The scope of the operation is not unlike the search for new prime numbers, which also requires tremendous amounts of computing power.
SafeMoon technically isn't a cryptocurrency but a DeFi token, according to its website.
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