Latest Crypto News: Bitcoin and Ethereum Hit New All-Time Highs, Biden Administration Releases Report on Stablecoins
The cryptocurrency’s price began to surge on Sunday night (7 November) as investors pumped the price from $62,319.98 at 8pm to $66,101.46 by 10am on Monday morning.
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EverGrow Coin also has an anti-Whale system in place. An additional 1% charge is applied to all the sales, which lowers the volume of swing trading and Whale manipulation. Additionally, the intelligent contract prevents simultaneous sales of more than 0.2 percent of the circulating supply.
Besides these broader differences, there are also some practical differences when comparing Binance vs Binance.US.
Bitcoin notches new all-time high after inflation data shows prices are surging at the fastest rate in 30 years
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With such tokenomics, Bitrise coin is attracting thousands of investors, even from the most popular coins.
Many lesser-used cryptocurrencies can only be exchanged through private, peer-to-peer transfers, meaning they’re not very liquid and are hard to value relative to other currencies — both crypto- and fiat.
Often, they coordinate with these outlets and have a few moles in the forums whose sole purpose is to get people excited about their projects so more start buying their coins, causing the price to rise.
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The White House signaled that the US will gather 30 other countries to discuss responses to cybercrime.
This is just one example, but it definitely highlights the difference between trading on Binance and Binance.US. Although small traders won't make much of an impact on either exchange, all else being equal, most traders would prefer to trade against the larger book, rather than the smaller one.
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Ripple is also more easily converted than other cryptocurrencies with an in-house currency exchange that can convert Ripple units into U.S. dollars, yen, euros, and other common currencies.