While Bitcoin tumbled, Ethereum was heavily rejected on Oct. 21 as it approached its mid-May all-time high at $4,380.
Wavelet coherence plots as above highlight areas in the time-frequency space where the two series co-move. The warmer the colour, the higher the coherence (which can be interpreted as correlation) at that location in the time-frequency space; the colours used in this work range from dark blue (0, no coherence) to yellow (1, strong coherence). Statistically significant areas of coherence are surrounded by a thick black line.
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Even after falling back from its latest all-time high price, Bitcoin’s current price still represents a big upswing from the low $40,000 range seen in September.
While still on the tokenomics, Safemoon does not offer investors better returns than competing companies like Bitrise. That's the reason why over the last few weeks, there has been a mass movement of Safemoon community members joining Bitrise. This includes Safemoon whales. One of the reasons for this movement is better ROI from Safemoon competing coins.
As of November 9, SafeMoon has 2,865,000 holders. There has been a consistent rise in the number of SafeMoon holders over the past two months.
Trading Bitcoin and other crypto-currenices is a criminal activity, China's central bank says.
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With the V2 upgrade, SafeMoon contracts will have additional use-cases, driving the token’s adoption higher.
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Bitcoin wasn’t the only cryptocurrency to feel the initial effects, with most of the top 10 all experiencing dips in value.
Earlier today, Bitcoin (CRYPTO: BTC) flash crashed to $8,000 on Binance U.S., the American trading platform of the world's top crypto exchange Binance.
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While the current level of currency support leaves room for improvement, it is necessary to remember that it is still early to make the final judgment on the Binance’s policy, particularly regarding the outcomes of its initial implementation at the time of writing this Binance.US review. The platform advises holders of currently unsupported assets to use services of other custodians in any form (cold storage, hot wallet) while other currencies await approval.
“I like the word ‘moon,’ because that’s where I want it to go,” Portnoy said in his purchase announcement.
A cryptocurrency blockchain is constructed on the foundation of transactions. A blockchain is a collection of linked data blocks that include essential information such as cryptographic hashes. The blocks that make up a blockchain are collections of data transactions added to the ledger's end. This adds a degree of transparency, allowing network participants to see their transactions added (chained) to the blockchain.
Headed by Canadian Changpeng Zhao, Binance offers a wide range of services globally, from crypto spot and derivatives trading to tokenised versions of stocks, as well as its own cryptocurrency, Binance Coin.