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Enforcement Director Joe Rotunda discusses fraud in crypto-related securities offerings:
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Cryptocurrency can gain value on exchange platforms. It increases in value based on supply and demand.
A petition to 'Get Safemoon Listed On Coinbase' has currently gained 4,646 signatures.
Billionaire Elon Musk has also already gotten involved with DogeZilla by posting a tweet.
Cryptocurrency markets are decentralised, which means they are not issued or backed by a central authority such as a government. Instead, they run across a network of computers. However, cryptocurrencies can be bought and sold via exchanges and stored in ‘wallets’ .
Coinbase falls 11% after the crypto exchange misses Wall Street's 3rd-quarter earnings expectations
The number of people who utilize crypto coins (i.e., utility) and for what purpose impacts their price. The price will rise if more people use them to buy goods and services rather than just holding them.
“Everybody’s definition of a headquarters of a company is different. When you ask how you define a headquarters --- is that an office where people sit? I worked from home for the last three and a half years. Our leadership team are not sitting in one office, we don’t have a clear place where we can go, by most people’s normal definitions of a headquarters that we can call a headquarters. So, when people ask me, I don’t want to give them a wrong answer just to satisfy their definition.”
The pair could first drop to $4,146.30 but if this support also gives way, the correction could reach the psychological support at $4,000.
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Profit-booking near the resistance line pulled the price back toward the critical level at $49.54 on Nov. 9. The strong rebound off this level on Nov. 10 suggests that bulls are defending this level with vigor.
As a result of the relationship between supply and demand, the price of a cryptocurrency can be manipulated to an extent. A concerted effort to match all the open orders on a particular crypto across several exchanges will create an artificial shortage.
A brief technical and on-chain analysis on VeChain price. Here, FXStreet's analysts evaluate how VET can advance further. More VeChain News Analyst predicts Bitcoin price could easily hit $250k by January 2022
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