That’s the same crowd that has pumped up the prices this year for other crypto like Shiba Inu and Dogecoin.
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This suggests that bulls have flipped the $1.24 level into support. This level could now act as a launchpad for the next leg of the up-move. The XRP/USDT pair could rally to the overhead resistance at $1.41 where the bears are expected to mount a stiff resistance.
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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)
A look at funding rates across exchanges hints at excessive optimism, with traders going long on BTC en masse — a classic indicator of a correction.
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Coinbase, which blamed market turbulence and lower coin prices during the early portion of the third quarter, posted revenue of ... TMS, Ep 39: GST on cryptos, D2C rush, investing in IPOs, and ELSS schemes
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The billionaire entrepreneur said: “We are concerned about rapidly increasing use of fossil fuel for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.”
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According to a tweet from the official SafeMoon Twitter account, the problems affected all three wallet products. Namely, the website buy and swap function, the Android wallet, and its iOS counterpart.
CPI gained 0.9% in October, higher than the estimated 0.6%. The reading marks an acceleration from the 0.4% gain seen in September.
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Although short term relationships are erratic and sparse, this is the period band that contains most of the negative—although usually fleeting—relationships (shown by leftward facing arrows). The relationships link online activity increases to price falls (the converse is not observed). It is not surprising that occasionally discussion is associated with price falls, as negative events (e.g. blockchain bugs, and exchange hacks) are newsworthy in the community.
It hasn't yet been recognised by the major cryptocurrency sites such as Coinbase but why did it get so popular?
The most popular cryptocurrencies are currently Bitcoin, Ethereum and Litecoin. These dominate the cryptocurrency market and are highly popular among traders and investors.