Bitcoin’s Market Capitalization Went Over $1 Trillion This Year. Here’s What Crypto Market Cap Means for Investors
Bitcoin plunged to as low as $8,200 on Binances U.S. exchange from around $65,000.
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According to CNBC International’s forecast, SafeMoon crypto fans say it’s trading down to the unprecedented wave of stimulus from governments and central banks around the world to tackle the coronavirus crisis would only make investing in SafeMoon trade rise. Such measures, they say, devalue fiat currencies, making SafeMoon a profitable investment in the cryptocurrency market.
Finally, the 4JNET team does not hold any 4JNET tokens. The funds raised from the presale will go towards advertising on social media platforms like Facebook, Twitter, YouTube, and KOLs in the industry.
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This saw Bitcoin prices tumble to below $30,000 in a dramatic plummet from its soaring success.
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Bitcoin price recently recorded a new all-time high at near $69,000 on November 10 fueled by sustained inflation. The argument that the leading cryptocurrency is a hedge against rising cost pressures has been fueled by inflationary fears. More Bitcoin News Bitcoin Weekly Forecast: Markets revert to mean, but BTC price remains indecisive
NEW BUSINESS: Binance.US, the American arm of the world’s largest cryptocurrency exchange, hired its first lobbying firms last month, newly filed disclosures show, as policymakers in Washington face calls to rein in the rapidly growing and mostly unregulated industry. Hogan Lovells’ Ivan Zapien, a Democratic lobbyist who previously was chief of staff to now-Senate Foreign Relations Chair Bob Menendez (D-N.J.), and former House GOP aides Aaron Cutler and Chase Kroll will lobby for the exchange.
The data affected by the leak includes email addresses for about 5 million users. The full names of 2 million users were also leaked.
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Polygon is an Ethereum token that powers the Polygon Network, which aims to provide faster transactions on the Ethereum blockchain.
Bhambhwani, S., S. Delikouras, and G. M. Korniotis (2019). “Do fundamentals drive cryptocurrency prices?”, Working paper .
Musk’s decision signifies a sharp u-turn for Tesla who only started accepting Bitcoin as payment for its services in February 2021.
The next Safemoon "EverGrow Coin" is already marking its footprints and breaking many records. EverGrow is the first yield generating a token that offers rewards in BUSD. What's more, unlike other crypto projects, EverGrow Coin is already excelling in different fields, and it has already disrupted the market with its top-notch token distribution strategy.