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He added: "You’re simply reliant on someone further down the line being willing to pay more than you did to turn a profit, which is a risky bet indeed."

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Bitcoin was trading 1.5% lower Thursday morning. The price was around $59,000 per coin.
Gas shortages at the pumps have spread from the South, all but emptying stations in Washington, D.C., following a ransomware cyberattack that forced a shutdown of the nation’s largest gasoline pipeline. .

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When that time of reckoning arrives, only the early investors would have enormous profits. If you want to be one among the lucky ones, now is the chance to get on board and hold on for the important day. Every coin has its day and SafeMoon is yet to bask in the limelight. Its day to shine in the sun would arrive soon and early investors would hold on to fistful of dollars.

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Senior fellow at the Peterson Institute for International Economics. Adjunct professor at Georgetown University.
BTC Price Action: According to CoinMarketCap data, Bitcoin is trading at $63,559.44 as of Thursday afternoon after seeing its price fall by about 4.74% over the last 24 hours.

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For many people, crypto is a type of alternative investment. Just as you can buy and trade stock in public companies, you can buy cryptocurrency with the hope that it will increase in value over time, allowing you to cash out for a profit at a later date. Some people invest in crypto less for the belief that it will become a popular currency and more as a bet on the blockchain technology behind it.

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The decision by Tesla, and announced by Musk, was seen by some as a slight on the credibility of cryptos to become a viable method of payment against physical currencies.

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    The price of Bitcoin was £48,199.49 after the latest drop in prices (11 November), according to Coinbase.

    US consumer prices rise at fastest pace in three decadesElectric vehicle start-up Rivian soars on stock market debutMcKinsey partner accused of insider trading on Goldman Sachs dealElon Musk offloads nearly $5bn in Tesla sharesUS government debt sells off sharply on inflation surge
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    The market seems to have taken a turn this morning as a correction has set in. Both BTC and ETH have witnessed a small correction, said Zebpay Trade Desk. The same is happening in altcoins as well, it added.

    Rising inflationary pressures are dragging stocks and bonds, which may prompt the Fed to hike interest rates earlier than expected, an expert said.
    Holders of the meme tokens are not giggling anymore. Shiba Inu promised to deliver a whole world of DeFi popularity, but its bark has largely remained worse than its bite. It might be time to take whatever gains you have and get out of this digital currency before people get tired of the dog-themed crypto.

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    Cryptocurrency investor discusses bitcoin back in 2011, before it earned him a life of luxury
    Every cryptocurrency holder has a private key that authenticates their identity and allows them to exchange units. Users can make up their own private keys, which are formatted as whole numbers up to 78 digits long, or use a random number generator to create one.

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    The price of Loopring has risen over 400 per cent since the initial rumors began to spread.
    There are over 2000 cryptocurrencies available to buy and sell, though most have little value. Of these, bitcoin, ether (the token of the Ethereum network), ripple, bitcoin cash (an offshoot of bitcoin) and litecoin are among the most valuable by market capitalisation.

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Bitwise’s chief investment officer explained why the firm has decided to drop its Bitcoin futures ETF and focus on the spot Bitcoin ETF.

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Musk has been a long-time advocate of cryptocurrencies and the Tesla decision was felt across the market, with other digital tokens going down in price.

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?? Estonia?? France?? Germany?? Gibraltar?? Iceland?? Malta?? Netherlands?? Russia?? Spain?? Switzerland?? U.K. Here is how you can track DeFi protocols and NFT launches on Solana Shaurya Malwa · 22 hours ago · 2 min read Dogecoin (DOGE) community prepares for mainstream adoption, as devs taunt new version Ana Grabundzija · 3 days ago · 2 min read What next for Shiba Inu (SHIB) following its 50% crash? Samuel Wan · 5 days ago · 2 min read Why some strategists say Solana could reach $5,000 in 2030 Oluwapelumi Adejumo · 5 days ago · 2 min read Cardano founder sets the record straight over talk of an ADA burn Samuel Wan · 1 week ago · 2 min read

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Beyond the clampdown by some governments, what bitcoin really needed to achieve sustained success was overall mainstream acceptance. While some financial institutions announced projects exploring blockchain-based solutions, many others balked.

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