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CRYPTO UPDATE All of the largest cryptocurrencies were up during morning trading on Thursday, with Polkadot (DOTUSD) seeing the biggest move, climbing 5.83% to $48.18. Dogecoin (DOGEUSD) rose 5.73% to 26 cents, while Ethereum (ETHUSD) increased 3.

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Most price prediction websites unfortunately do not have price predictions for the DogeZilla – given how new and the fractional number of tokens it trades.
Still, an increasing number of big, powerful players are validating crypto’s potential. .

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Ethereum Dropped After Setting Another New All-Time High. Here’s What Investors Should Do Next
The bullish rise and increased confidence in Bitcoin will likely see it remain at prices fluctuating between $60,000 and $70,000 but with increased resistance as it looks toward a $100,000 price prediction in 2022.

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GARY GENSLER: This asset class is rife with fraud, scams and abuses in certain applications. There's a great deal of hype and spin about how crypto assets work.
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Subscriber growth is harder to track than the other metrics. Only the current subscriber count is displayed for a particular subreddit, and historical data cannot be rebuilt retrospectively as subscribers do not have a visible historical imprint. A third-party website, RedditMetrics (http://redditmetrics.com/), has been retrieving and storing real-time subscriber counts; however their data on the particular subreddits of interest only reaches back to 2012 so the subscriber growth analysis can only start at this point. Fig 2 shows the three social media metric time series for each cryptocurrency; note that subscriber growth is the only metric that can have negative associated values, caused by more users unsubscribing than subscribing on a particular day.

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Dogecoin price has been stuck under a crucial barrier for roughly five months. Although DOGE rallied on October 28, it failed to push through this hurdle, leading to consolidation. However, the increased coiling up suggests that the dog-themed cryptocurrency is due for a breakout. More Dogecoin News SafeMoon launches V2 with faster contract execution, setting prices up for a breakout More SafeMoon News VeChain price to undergo explosive 60% breakout

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    EL ZONTE, El Salvador (AP) — After El Salvador’s congress made the bitcoin legal tender this week, eyes turned to this rural fishing village on the Pacific coast. Known to surfers for its pounding waves, El Zonte has had the cryptocurrency in its economy for the past year.

    WASHINGTON (AP) — The Biden administration is calling on Congress to pass legislation that would strengthen government regulation of stablecoins, a form of cryptocurrency that has soared in popularity in the past year.
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    Even if they are on the list the city watchdog is not responsible for regulating them and they don't have any power over how they conduct business with customers.

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    Currently, the price of Safemoon is hovering around the $0.0000014 level. This is around 90% down from the heights the coin reached in April 2021.

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    While its price had fallen slightly from a 24 hour high of $68,525 on Tuesday morning to $67,983.80 as of 2.10pm, Bitcoin’s price hike still represents a year-on-year increase of more than 300% on last November’s value.

    Millions of Salvadorians are expected to download a digital wallet app with $30 of free Bitcoin.
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    Douglas Horn, the chief architect of Telos, told Business Insider that they kept away from marquee investors because they didn’t want to create any big whales that could influence the price of the TLOS token.

    Cryptocurrencies’ finite supply makes them inherently deflationary, more akin to gold and other precious metals — of which there are finite supplies — than fiat currencies that central banks can, in theory, produce unlimited supplies of.
    Meanwhile, Ethereum also hit a record — rising to $4,837.59, according to CoinMarketCap.

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Once this initial interval expires, Binance.US will introduce a uniform fee schedule, with flat-fee amounting to 0.10% per trade for personal accounts. In other words, the purchase of 100 USD worth of BTC, for example, will take USD 0.10 out of your pocket. The fee schedule for corporate accounts will be adjusted based on the associated trading volume.

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Bitcoin price hits new record high - why is Bitcoin up today? Cryptocurrency prices of Bitcoin, ETH and Shiba Inu (Image credit: Getty Images/Canva Pro)

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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.

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