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Pantera Capital Director of Portfolio Development Franklin Bi and Blockchain Capital Senior Associate Kinjal Shah discuss the investing landscape for cryptocurrencies at the Yahoo Finance-Decrypt "Crypto Goes Mainstream" special. price.index.ada.summary.block-title $2.086 DAY -7.89% WEEK +5.18% MONTH -4.67% price.index.ada.summary.block-title €2.086 DAY -7.89% WEEK +5.18% MONTH -4.67% price.index.ada.summary.block-title £2.086 DAY -7.89% WEEK +5.18% MONTH -4.67% price.index.ada.summary.block-title ¥2.086 DAY -7.89% WEEK +5.18% MONTH -4.67% price.index.ada.summary.block-title ₽2.086 DAY -7.89% WEEK +5.18% MONTH -4.67% price.index.ada.summary.block-title ₩2.086 DAY -7.89% WEEK +5.18% MONTH -4.67% price.index.ada.summary.block-title ₺2.086 DAY -7.89% WEEK +5.18% MONTH -4.67% price.index.ada.summary.block-title R$2.086 DAY -7.89% WEEK +5.18% MONTH -4.67% Total ADA 33.70 B Mkt. Cap R$69.46 B Vol 24H ADA 2.49 B Vol.24H R$5.19 B
$700 Million in Crypto Longs and Shorts Liquidated in 24 Hours as BTC Loses $6,000 in Three Hours .

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From the perspective of technical analysis, profit-taking near all-time highs and the need for a retest of lower support levels are normal processes for most cryptocurrencies. In fact, a quick glance over discussions by many analysts and traders on Twitter shows that most expected BTC to revisit lower support levels at $64,000 and below before recapturing bullish momentum and moving higher.
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It wasn't long ago that we were celebrating hitting our 1 million mark and now we hit a whopping 2 million #ada wallets!#Cardano #CardanoCommunity@F_Gregaard @IOHK_Charles @IOHKMedia @InputOutputHK
GURA: Davidson also fears too much regulation could harm investors and entrepreneurs, but he thinks inaction is also a risk. Davidson says when he goes back to his district in Ohio, his constituents ask him when Congress is going to get around to setting ground rules.

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Cardano is one of the potential cryptocurrencies this year. Since the start of 2021, ADA’s price has seen many bullish moves which are higher than the previous one. More so, these are followed by consolidations, fluctuations, and corrections right away.

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Harrison, who still owns SafeMoon, said that the developers have become more professional since the AMA incident: “They’re a bit more scripted, they sit down, they’re in suits.”

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    The same data source shows there are now $54.07 billion worth of the cryptocurrency staked across 2,931 active pools, representing over 72% of the ADA’s supply. As CryptoGlboe reported, Cardano’s price started surging earlier this week, to the point it surpassed Solana’s $SOL to retake its position as the fourth-largest cryptoassets by market capitalization.

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    For every transaction carried out on the blockchain, 4JNET will withhold 90% of the transaction amount. This will be the service charge. This way, 4JNET can maintain stable prices for the token. Then 6% will be distributed to all token holders, while the remainder will be transferred into a 4JNET liquidity pool.

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    What makes the fee structure so complicated is Binance’s focus on different fees for different levels of users. While, theoretically, this is similar in both the main platform and Binance.US, the American platform has fewer of these levels. For some, this may seem simple and clear; but it could also mean that using Binance.US is more costly than its main counterpart.

    NRIs experiment with Cryptos for remittances: Deciphering the risks and opportunities
    A recent spike in buying pressure allowed Cardano to break out from the bullish continuation pattern and gain 0.38 points in market value. Despite the recent gains, the height of the triangle’s y-axis added to the breakout point at $2.06 suggests that ADA has more room to increase.

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    The plunge occurred at 7:34 a.m. New York time, according to the Binance.US website. Volume on the exchange in that minute was 592.8 Bitcoin, which are worth just shy of $40 million at current prevailing prices.

    It remains to be seen if Decentraland turns into the next meme coin of choice for retail investors, but it has lately picked up some traction from Reddit users via threads.
    Although blockchain appears to be sophisticated as it can be, its core notion is pretty simple. A database, or blockchain, is a sort of digital ledger. To comprehend the concept of blockchain, it is necessary to first understand what a database is. A database is a collection of data saved on a computer system in an electronic format.

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    Responding to regulatory pressure, Binance has curbed some services on cryptocurrency bets, highly leveraged positions and trading with tokens linked to shares, and has pledged to beef up its compliance staffing.

    If you are a merchant, you can also accept digital assets as payment directly or through a payment processor or service that is more convenient and adds capabilities. Some services give the option to convert paid cryptocurrencies into cash automatically on the back end, while there are also some companies that offer crypto top-up debit cards that are indistinguishable from any other plastic card to pay for goods or services.
    New Delhi: Major cryptocurrencies witnessed a fall on Thursday amid global inflation concerns, which made other currencies and gold attractive. Barring Solana, all other nine out of the top 10 cryptocurrencies were trading lower at 9.30 hours IST. Cardano, Dogecoin and Polkadot shed up to 5 per cent each.

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(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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