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From the rise of meme stocks to the increasing mainstream adoption of crypto, Wall Street has embraced once-fringe areas of investing and finance.

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There's already a meme coin named after Elon Musk's new Twitter handle - and it jumped 825% in its 1st day of trading .

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He was referring to the stringent regulation that forced most cryptocurrency exchanges to deploy separate trading platforms for U.S. customers only. Consequently, American crypto traders tend to operate on less liquid cryptocurrency exchanges.

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A blockchain file is always stored on multiple computers across a network – rather than in a single location – and is usually readable by everyone within the network. This makes it both transparent and very difficult to alter, with no one weak point vulnerable to hacks, or human or software error.

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Considering there are no sudden jolts or risks ahead for cryptocurrency markets, SafeMoon is all set to affirm its strong position as a major attraction among its investor community. The road ahead is full of petals provided the investor confidence keeps booming, resulting in a major push to the price, taking it across all barriers scaling $0.000011.

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    DeFi and NFT expert Rio Rocket told The Sun that he is hearing "rumblings" from investors noting that they are "unable to take large-scale profits."

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    In recent days, the company has stopped those in Singapore from making trades on their platform, reacting to a tightening in regulations locally. While Binance remains the most preferable of the two platforms currently, it is important to remember that changes such as these have an effect on which may come out on top.

    A further blow was dealt when China ordered Bitcoin mining in its Sichuan province to shut down completely and furthermore told banks to stop supporting crypto transactions, in a latest wave of restrictions on cryptos.
    "Brian's work for Binance.US has been invaluable and we hope he will continue to be an integral part of the crypto industry’s growth, advocating for regulations that move our industry forward," Zhao Tweeted on Friday.

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    ArrowArtboardCreated with Sketch.ArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter Log out Your Account Log In Sign Up Cayman Islands-domiciled Binance is trying to beef up compliance as oversight of the cryptocurrency sector increases. © Reuters

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    Investors should continue to hold and not worry about the fluctuations, like Danial, who says she’s not “jumping on the hype.”

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    US futures linger at all-time highs while cryptos hit new records, as Fed rings alarm on market risks

    One finding based on the CivicScience study showed that around 11% said they or someone they know have resigned from their jobs due to crypto trading.
    New short-term investors who are selling their holdings in reaction to the drop may be influencing the continued dip in Bitcoin’s value, according to a recent report from Glassnode Insights, a blockchain analysis firm.

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Cryptocurrency prices continued to tumble Friday with Bitcoin leading the charge, with prices for the internet currency dipping below $50,000 for the first time since early March.

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— Meanwhile, Rover, the pet care site sometimes referred to along with its competitor Wag as the Uber of dog walking, has retained Mercury Public Affairs as its first outside lobbying firm. Mercury’s Mike McSherry, an alum of the RNC, Republican Governors’ Association and Labor Department, will lobby for Rover on tax and labor classification issues — a development that comes as the Biden administration has pledged to recognize workers dispatched by apps as employees rather than contractors. Gig companies are also facing new tax reporting requirements beginning next year, thanks to the coronavirus stimulus bill signed into law by President Joe Biden in March.

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But, why do individuals mine cryptocurrency? The most obvious answer is that some people seek a second source of income and others want more financial freedom without the interference of governments or banks. For instance, crypto miners verify the legitimacy of transactions in exchange for Bitcoin as a reward for their efforts.

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