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The buyers will now attempt to push the price to the resistance line of the wedge. If bulls thrust the price above the wedge, the bullish momentum could pick up and the LUNA/USDT pair may reach $62.59.

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Other cryptocurrencies are also now strong investment options and the Shiba Inu-themed Dogecoin, whose symbol is DOGE, which was initially created as a joke, is now one of the best known tokens. It is now priced at ₹21.14, down from ₹21.83, a change of -3.15% in 24-hours. It’s market cap is currently ₹2.6T.
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In the United States, Binance is also being probed by the Department of Justice, the Commodity Futures Trading Commission and tax authorities, Bloomberg News has reported.
SafeMoon price has made some astounding progress in October, rallying over 145% from the lowest open in its history on the first day of October to its present new two-month high. After hitting the required $0.0000024 level above the Cloud, SafeMoon spiked on Monday for a gain of over 22%. And it is likely to continue a move higher before facing any resistance.

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Cryptocurrency prices continued to tumble Friday with Bitcoin leading the charge, with prices for the internet currency dipping below $50,000 for the first time since early March.

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Using data from a prominent blockchain research firm, Coinmetrics.io, we explore the relationship between prices, computing power (measured by the hashrate), and network (measured by the number of unique active users). We focus on five major mineable cryptocurrencies (i.e. Bitcoin, Ethereum, Monero, Litecoin, and Dash). In some of our test, we expand our data to include an additional 33 cryptocurrencies. Our sample period spans from 7 August 2015 to 25 January 2019.

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    If you’re investing in cryptocurrency, expect volatility to continue. That’s why experts recommend keeping your crypto investments to less than 5% of your total portfolio.

    Its founders have been holding ‘Ask Me Anything’ sessions to reassure potential investors of its legitimacy due to the unregulated nature of cryptocurrencies.
    Binance currently caters to both novice to veteran cryptocurrency traders, while American users struggle to make full use of the platform. Binance is, undoubtedly, the better and more developed platform and the best choice for users.

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    Bitcoin and other leading crypto coins experienced a significant drop in share price after investors began dumping mining equipment as China announced fresh regulations.

    Elon Musk’s announcement that Tesla would no longer be accepting Bitcoin as payment on environmental concerns was followed by China issuing a crypto crackdown.
    CASH COMING November 'stimulus check' payment comes NEXT WEEK ahead of final $300 deadline

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    Fast fact, altcoins games and metaverse tokens are showing user-driven, huge popularity, and their continued presence in the crypto industry these days. In fact, their presence has been well-felt since the beginning of this year.

    But this time feels different. It feels like a bubble. The fever in the post-Thanksgiving moonshot ran hotter than we’d seen before. We also began to see a robust supply response.
    4JNET has launched the pre sale of limited-edition nonfungible tokens (NFTs) on Oct. 18, and a total of 5,000 limited-edition NFTs have been distributed. After the project kicks off on Dec. 1, all NFT holders can claim 30% of the all tokens issued, unlock 2% each day and enjoy a 3% reduction of service charges. The purchased 4JNET tokens will be put into the liquidity pool to maximize the benefits.

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    Bill Noble, chief technical analyst at TokenMetrics, a cryptocurrency analytics platform, thinks the price of Bitcoin will climb throughout the rest of the year. “I think it’s more likely Bitcoin goes to $75,000 than $25,000,” he says.
    Also, several businesses now receive bitcoin as payment for goods and services – another reason why it is a wise investment. For instance, Visa transacts with BTC, and in February, Tesla announced that the company has invested $1.5 billion in BTC and will also be accepting it as means of payment for its cars. Additionally, the large banks are already incorporating BTC transactions in their offers too.

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Generally, this means miners receive fewer new units per new block as time goes on. Eventually, miners will only receive transaction fees for their work, although this has yet to happen in practice and may not for some time.

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SafeMoon recorded a 99% rise in one day in April after Bitcoin had its biggest single drop for months.

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