If the price rebounds off the current level, the bulls will again try to propel the DOGE/USDT pair above $0.30. If they can pull it off, the pair could challenge the overhead resistance at $0.34. A break and close above this level will signal that bulls have the upper hand.
Bitcoin wasn’t the only cryptocurrency to feel the effects of Tesla’s decision. (Pic: Shutterstock)
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Litecoin zoomed 18.71% to $246.43 and Uniswap was trading 3.31% higher at $26.65.
ConsenSys founder tantalizes the possibility of a MetaMask token Samuel Wan · 13 hours ago · 2 min read
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The two ways of adding funds achieve the same result. Which you choose depends on your preference between centralized exchanges and decentralized finance (Defi). Many people prefer increased control over the transaction that is possible with Defi. You may prefer the customer service of a centralized exchange.
Ether and bitcoin rallied on Tuesday to record highs off the back of a weaker dollar, taproot upgrade and positive investor sentiment.
One of the key principles of smart investing is: Never invest in anything you don't understand.
Bitcoin–and the cryptocurrency industry as a whole–plunged this year, after a gravity-defying surge in recent years. The price of the digital coin hit nearly $20,000 late last year. And then in early 2018, it began to fall. Though it hit a few plateaus, the price has still tumbled; today it hovers at a little over $3,000.
Cryptocurrency existed as a theoretical construct long before the first digital alternative currencies debuted.
Briefly, Infinity (AXS) is among the Play-to-Earn games on top of the Ethereum blockchain. Within the Axie Infinity protocol, AXS functions primarily as the main governance token and the native coin responsible for all the to-and-fro of transactions.
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Due to their political independence and essentially impenetrable data security, cryptocurrency users enjoy benefits not available to users of traditional fiat currencies, such as the U.S. dollar, and the financial systems that those currencies support.
For many people, crypto is a type of alternative investment. Just as you can buy and trade stock in public companies, you can buy cryptocurrency with the hope that it will increase in value over time, allowing you to cash out for a profit at a later date. Some people invest in crypto less for the belief that it will become a popular currency and more as a bet on the blockchain technology behind it.
This cryptocurrency network has a relatively smaller footprint, and there are several reasons why it is more appealing as an investment option. First, it requires relatively lesser energy to complete transactions using the Cardano network, unlike the much larger bitcoin network. This means the transactions are not only faster, but they’re cheaper as well. The platform also claims to be more secure and adaptable, and they are consistently improving the network’s development to remain ahead of hackers.
Assets hovered at record highs even after the Fed said that "asset prices may be vulnerable to significant declines."
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