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How tech beyond Wall Street's control pushed big money to embrace once-fringe crowds, from crypto to meme stocks

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HONG KONG/BEIJING (Reuters) -Didi Global is preparing to relaunch its ride-hailing and other apps in China by the end of the year in anticipation that Beijing's cybersecurity investigation into the company will be wrapped up by then, three people directly involved in the relaunch said. The people, who declined to be identified as the information was private, said they expected China's cyberspace regulator to finalise any penalties on the company in December. In July, the powerful Cyberspace Administration of China (CAC) ordered app stores to remove 25 mobile apps operated by Didi - just days after the ride-hailing giant listed in New York.
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Litecoin Future Price

More and more cryptocurrencies are entering the market every day, each one offering a slightly different model to attempt to attract investors. One of the most intriguing cryptocurrencies launched this year is SafeMoon, which looks to take the DeFi world by storm.
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Litecoin

If they succeed, it will suggest that the break above the downtrend line may have been a bear trap. The ADA/USDT pair could then drop below the moving averages and retest the critical support at $1.87.
Campbell, J. Y. and R. J. Shiller (1988), “Stock prices, earnings, and expected dividends”, The Journal of Finance 43 (3), 661–676

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Why Is Bitcoin Down Right Now

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  • Buy Bitcoin Coinbase Pro

    The cryptocurrency crane had continued trending higher this month after experiencing some volatility earlier on when they were trading at $0.0000065 but now hover around $0.0000045, which still makes it more profitable.

    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.
    To buy SafeMoon via PancakeSwap, you'll need to download a wallet compatible with the Binance Smart Chain, such as Trust Wallet. After this, you will need to purchase Binance Coin (BNB) via your wallet. You can then use this BNB on PancakeSwap to exchange for SafeMoon.

  • Litecoin Price Last Year

    Roblox's (NYSE: RBLX) stock skyrocketed 42% to an all-time high on Nov. 9 after the gaming platform company posted its third-quarter report. Roblox's revenue jumped 102% year-over-year to $509 million, which missed analysts' estimates by $127 million.

    TruRating Announces the Hire of Global Head of Marketing and Innovation, Amy Daugherty, in Expansion of Its Global Leadership Team
    You might recall that back in the very early days of Covid-19 (or just “coronavirus” as it was then known), some crypto nutters enthusiasts started getting excited about the idea that the virus would be good for bitcoin because “paper money” “might be the source of #CORONAVIRUS #SARS2 infection”. After all, “fiat is dirty”:

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    Zimbabwe is looking at adopting cryptocurrency as legal payment, top government official says

    Savvy cryptocurrency users are therefore maniacally protective of their private keys, typically storing them in multiple digital locations — although generally not Internet-connected, for security purposes — and on paper or in other physical form.
    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

  • Bitcoin Miner Interview

    IG offers trading on nine of the most valuable cryptocurrencies: bitcoin, bitcoin cash, bitcoin gold, ether, ripple, litecoin, EOS, stellar (XLM) and NEO.

    We reached out to Binance and Binance.US in an attempt to confirm details about reported regulatory investigations, as well as to better understand the relationship between the international and U.S-based platforms. We didn’t hear back from officials at Binance or Binance.US, though a spokesperson contacted us on behalf of Binance.US after our review published to provide additional context on the relationship between Binance and Binance.US. They operate as separate companies, the spokesperson said in an email, with Binance.US licensing software, trademarks, and wallet technology from Binance.
    It follows recent crashes brought on by Tesla making a u-turn on accepting Bitcoin as payment for its products and China clamping down on initial coin offerings, block exchanges and warned against speculative trading.

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Currently, the price of Safemoon is hovering around the $0.0000014 level. This is around 90% down from the heights the coin reached in April 2021.

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Perhaps a bit odd, then, to decide to chart crypto prices against US Covid cases rather than global cases, given crypto is traded globally.

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Several other regulators, including from Hong Kong, Germany, Japan, Italy, and Thailand, followed with various warnings, with the Netherlands the latest to do so this week. Hong Kong initially raised the alarm over crypto derivatives related to listed stocks which Binance stopped offering last month. In late July, Binance said it would cease to offer all derivative products in Germany, Italy and the Netherlands. Does Twitter’s new crypto leader signal end to Dorsey’s Bitcoin maximalism? Stablecoin issuer Circle launches venture fund, invests in JPYC Ripple launches new crypto solution Liquidity Hub, beyond XRP Ex SEC Chair Jay Clayton to advise crypto custody firm Fireblocks

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