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Interpretation of visual scalograms is subjective so it is desirable to find a more quantifiable way to validate the strengthening of coherence in bubble regimes. Fig 6 shows the wavelet coherence over time for the different period bands, in the case of the “new authors” factor for Ethereum. Coherence values, plotted on the vertical axis, vary between zero and one. Time is plotted on the horizontal axis. The areas of the price time series that are recorded as bubble-like regimes using the GSADF test are shaded red.

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El Salvador's move to adopt Bitcoin is the first time Bitcoin has been adopted as a legal tender in a sovereign nation.
Accounts that hold vast amounts of a cryptocurrency may begin to sell, causing prices to plummet. These accounts are known as whales because they have a significant position and can influence the market if a group of people agrees to sell crypto assets. .

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OK perhaps that’s a little far-fetched. But what is behind crypto’s crazy climb over the past 18 months, we hear you ask? We don’t mean to suggest that the pandemic hasn’t been involved, because we think it has, but not in the way that this chart criminal implies — not, in other words, because it’s some kind of safe haven that traders flock to when they are worried about Covid cases rising; the data don’t bear that idea out.
ConsenSys founder tantalizes the possibility of a MetaMask token Samuel Wan · 13 hours ago · 2 min read

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The SafeMoon community also has their sights set on a “cool exchange listing” that according to SafeMoon CEO John Karony cited by the SafeMoonWarrior Twitter account will be coming soon. In addition, SafeMoon investors are anticipating a couple of key events, including an expanded crypto wallet and the launch of a crypto exchange.
This saw Bitcoin prices tumble to below $30,000 in a dramatic plummet from its soaring success.

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As its name suggests, you can use cryptocurrency to make purchases. But your purchasing power is limited; crypto isn’t yet widely accepted among retailers and other businesses.

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In order to not only favor early investors, 4JNET plans to decrease service charges by up to 10%. The decrease will go into effect as transaction volume increases, providing a bridge between early and late investors.

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    In preparation for the snapshot, deposits and withdrawal of OMG tokens will be temporarily disabled on November 11, 2021, at around 6.45 pm EST/3.45 pm PST. Trading, however, will not be affected.

    With its hourly RSI nearly bottoming out at around 30, there is a case for optimism. However, to resume bullish movement, FTM will need to hold $2.5 and the nearest resistance at $2.72, based on a 50% fibonacci retracement. It will then need to claim the $2.87 level in the short term. Should it succeed, the key daily level of $3.18 is attainable.
    There's already a meme coin named after Elon Musk's new Twitter handle - and it jumped 825% in its 1st day of trading

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    There's a huge new pool of money that could be about to juice the bitcoin market, crypto ETF expert says

    These are just two of the crypto coins challenging the dominance of Safemoon, and some like Bitrise are putting up a very tough competition to Safemoon based on the products offered, among many other features. From the powerful wallet to the exchanges, among many other products, the coin is one of toughest Safemoon competitors.
    Cryptocurrency. A digital currency secured through cryptography, or codes that can't be read without a key.

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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.

    It is this bullish growth in Bitrise coin value that is attracting members of other major coins such as Safemoon, Shiba Inu, and many others. There are two major things that are making Bitrise coin stand out - innovative tokenomics and the products.
    The Bank of England's Sir Jon Cunliffe raises concerns about the financial stability risk of cryptocurrencies.

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    As with most cryptocurrencies, there have been mixed reviews so far with one reddit user saying: “I completely agree that once they get listed on an exchange this could easily blow up.”

    CFD Accounts provided by IG International Limited. IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority.
    Cryptocurrency prices today: Bitcoin rises over 4%; Ethereum, Dogecoin & Litecoin gain up to 18.7% The price of Bitcoin rose 4.63% to $68,351 on Coinmarketcap. Market cap of the cryptocurrency reached $1,288.07 billion. Currently, the global crypto market cap stands at $2.94 trillion, an increase of 3.21%. Other cryptocurrencies were also trading in the green. BusinessToday.In Nov 09, 2021, Updated Nov 09, 2021, 10:09 AM IST

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In early 2009, Nakamoto released Bitcoin to the public, and a group of enthusiastic supporters began exchanging and mining the currency.

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Investors should continue to hold and not worry about the fluctuations, like Danial, who says she’s not “jumping on the hype.”

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Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

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Gensler recently went so far as to say investors are “likely to get hurt” if stricter regulation is not introduced. Plus, the IRS has an obvious interest in making sure investors know how to report virtual currency when they file their taxes.

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