SafeMoon app has crossed 600,000 downloads. The team has announced that Bitcoin and Dogecoin will soon be added to the wallet. The partnership with Unicrypt, the multi-chain decentralized protocol, has kept V2 consolidation on track.
IG offers trading on nine of the most valuable cryptocurrencies: bitcoin, bitcoin cash, bitcoin gold, ether, ripple, litecoin, EOS, stellar (XLM) and NEO.
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From the rise of meme stocks to the increasing mainstream adoption of crypto, Wall Street has embraced once-fringe areas of investing and finance.
The teenager set up a fake gift voucher website and bought a haul of Bitcoins which soared in value.
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Shiba Inu Beats Bitcoin, Ether, and Dogecoin as Most Popular Cryptocurrency on Twitter: Report
Before this latest surge for the top two cryptos, recent sudden drops followed a ban on cryptocurrency transactions and mining from China’s central bank, which declared all cryptocurrencies illegal in the country. After previously topping $52,000 in early September, Bitcoin’s price had dropped and struggled to get back over $50,000 until this month.
Can Bitcoin and altcoins sustain their bullish momentum or will profit-booking drag prices lower? Let’s study the charts of the top 10 cryptocurrencies to find out.
Fig 1. Price series for each cryptocurrency considered (each cryptocurrency priced in USD).
Fig 8(A) shows many significant positive correlations between Bitcoin and Litecoin. This is an expected relationship given Litecoin is technically very similar to Bitcoin (Litecoin is essentially Bitcoin with faster block confirmations). Overall, there is no clear leader in the relationship. However during the interval of the late 2013 price bubble (where Bitcoin and Litecoin reached around $1000 and $40 respectively) it can be seen that Bitcoin is leading Litecoin (slightly downward facing arrows across all periods).
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Daily NFT sales volume on open-sea has started consolidating, and there is a good chance that the market had probably found a bottom, said Hitesh Malviya, Founder, itsblockchain.com.
Overall, Coinmarketcap estimates the global crypto market has shrunk around 10% in the past 24 hours.
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Dapps are software applications that run across a network of computers, purportedly without the possibility of interference or downtime, while smart contracts are binding agreements, which are written as lines of code and can therefore automatically enforce their own clauses. Ether is used to process transactions on the network, including those automated by dapps and smart contracts.
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.