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

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Cryptocurrency prices today: Bitcoin gains 7%; Ethereum, Dogecoin & XRP rise up to 9.7% The price of Bitcoin rose 7.34% to $66,119 on Coinmarketcap. Market cap of the cryptocurrency reached $1,252.44 billion. Currently, the global crypto market cap stands at $2.87 trillion, an increase of 4.70%.
While no official announcement by either of the companies in question has been made in regards to a partnership, social media is full of users waiting for the statement. .

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Vavilov said he had found an “immediate energy fit” with Brooks, who was acting chairman of the Office of the Comptroller of the Monetary Authority, a US banking regulator until January. He previously worked as Chief Legal Officer at the cryptocurrency exchange Coinbase.
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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.
ELIZABETH WARREN: Right now, our regulators and frankly our Congress is an hour late and a dollar short, and we need to catch up with where these cryptocurrencies are going.

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Cryptocurrencies either have a limited or predetermined coin supply—although, with over 2,500 cryptos listed on hundreds of online exchanges, a number which is sure to increase over the coming years, it’s hard to generalise.

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    After all, gold is often touted as the ultimate inflation hedge, yet it’s still subject to wild volatility — more so than many developed countries’ fiat currencies.

    The Binance international exchange offers a huge variety of cryptocurrencies. This includes the top 20 coins such as Bitcoin, Ether, and Ada. In addition, Binance also offers several hundred less well-known altcoins. Binance also offers many trading pairs. In total, Binance offers exchange in over 500 cryptocurrencies and trading in more than 1200 trading pairs. This number is lower than on leading decentralized platforms like Uniswap but is still among the highest centralized exchanges.
    Thus, Binance.US will not initially support its projects such as BitTorrent (47th by market capitalization), Fetch.AI (207), Celer (180) and Matic Network (127), despite having these raise capital on the Binance Launchpad platform.

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    Alternatively, if the price breaks below the 20-day EMA, the next stop could be the 50-day SMA ($0.24). If this support is breached, the selling could intensify and the pair may drop to the strong support at $0.19.
    Transactions are internet-based and are recorded in a blockchain. The blockchain shows the transaction history for each unit and is used to prove ownership. The digital assets are best visualized as virtual tokens. These tokens mean something to the internal system and can be programmed to record financial transactions and other valuable information.

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    Anyway, SafeMoon has been under the eyes of skepticism. Professionals say that it is an unpredictable business to put money into SafeMoon as it isn’t directed by using any particular means. It has been compared with a Ponzi Scheme as most liquidity is claimed by the group. SafeMoon has excused these cynics and has declared its precise path for the coming years. The group intends to coordinate SafeMoon with African Markets, investigate different trades like Binance, and even begin its own trade.

    A look at funding rates across exchanges hints at excessive optimism, with traders going long on BTC en masse — a classic indicator of a correction.
    A news story claiming Walmart would accept cryptocurrency Litecoin was fabricated, the retail giant says.

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    India’s Parliamentary Standing Committee on Finance has listed a meeting with the leading crypto players in India on its age...

    On Oct. 21, Binance.US suddenly printed a one-minute candle that took BTC/USD from $65,815 to $8,200 — a drop of 87%.
    Typically valued for less than one dollar, Loopring prices are now over $3 a share.

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Other tokens, known as utility tokens, are only meant to be used within the context of a particular network, so they can’t even technically be classified as tradable assets in the same manner of security tokens.

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However, as the price is pretty much at the same level as it was in April, if you were to invest in Safemoon token for purely speculative reasons, then this level would be a decent area to buy at. There seems to be a minor support level around the area that price is currently at, which provides an optimal place to buy. Again, due to the low liquidity and lack of trading volume, this support level may not hold – so it’s worth considering this risk before investing.

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Bitcoin set another new all-time high Wednesday afternoon over $68,000. And then it promptly dropped down to below $65,000, where it remains Thursday morning.

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Ripple is also more easily converted than other cryptocurrencies with an in-house currency exchange that can convert Ripple units into U.S. dollars, yen, euros, and other common currencies.

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