Cryptocurrency has come a long way over the last decade, advancing at a lightspeed pace. Value can be stored, transferred and spent in different ways through various assets and solutions, while DeFi has pioneered the way for new borrowing and lending avenues.
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SafeMoon app has crossed 600,000 downloads. The team has announced that Bitcoin and Dogecoin will soon be added to the wallet. The partnership with Unicrypt, the multi-chain decentralized protocol, has kept V2 consolidation on track.
Terra’s LUNA token has been trading inside a rising wedge pattern. The bulls attempted to push the price to the resistance line of the wedge on Nov. 8 but could not sustain the higher levels.
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Cryptocurrency is a type of currency that’s digital and decentralized. Cryptocurrencies can be used to buy and sell things, and their potential to store and grow value has also caught the eye of many investors.
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Dogecoin, meanwhile, was trading up by less than one percent on the last 24 hours at $0.28 (£0.21) on Tuesday afternoon.
Disclaimer: Our articles are NOT financial advice, we are not financial advisors. All investments are your own decisions. Please conduct your own research and seek advice from a licensed financial advisor.
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Binance relocated from China to Japan and Taiwan, then eventually Malta. Eventually, founder Zhao—often referred to by insiders simply as CZ—declared that Binance had no headquarters, in the same sense that bitcoin has no headquarters.
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The decision by Tesla, and announced by Musk, was seen by some as a slight on the credibility of cryptos to become a viable method of payment against physical currencies.
Investors that may have once dismissed it, ought now to consider taking part in it
Fiat currency. A fiat currency — such as dollars, euros, pounds, or yen—is a trusted medium of exchange, or legal tender, that is issued by a recognized government or authority. U.S. dollars, for example, are backed by the “full faith and credit” of the United States government.
Before joining the OCC, Brooks worked as the chief legal officer for Coinbase, a major competitor to Binance.US.
If you’re investing in cryptocurrency, expect volatility to continue. That’s why experts recommend keeping your crypto investments to less than 5% of your total portfolio.