John KEmail: [email protected] Website: https: //www.bitrisetoken.com Telegram: https://t.me/bitrisetoken
New York, New York – (Newsfile Corp. – November 11, 2021) – Safemoon has a tough challenger, Bitrise Coin. There hasn’t been any very positive news about Safemoon in the past few months. Safemoon investors are worried about the coin’s performance and its possible downturn to the competition. This means that the future of Safemoon is not what it was in April when Safemoon hit a record price.
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The country will be the first to recognise the crypto-currency as legal tender from September 7.
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This week, Binance announced it is pairing up with BAM Trading Services — which Coindesk notes is FinCEN-registered and has links to Koi Compliance, which counts Binance as an investor — to launch a U.S. exchange “soon.” That will mean, however a level of disruption for some U.S. customers in the meantime.
The Biden administration is taking steps to ensure Americans who pay for goods or services with cryptocurrencies don’t sidestep the tax man.
Launch of crypto-linked investment fund lends ‘professional’ edge to swashbuckling asset class
This list by no means final, as Binance.US designates it as “Phase 1” digital asset offering, promising to support a wider range of cryptos down the line. The platform hopes to garner broader support in the US by enabling trading USD for popular cryptocurrencies.
Three Bitcoin (BTC) on-chain indicators signaling a bullish end of the year Juan Pellicer · 4 days ago · 4 min read
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For more on trending cryptocurrencies, check out the latest on Save Planet Earth, IOST, Bonfire, Arweave, and TrueFi.
How is the tax dept planning to tap cryptocurrencies and NFTs? What are pros and cons of investing in equity-linked savings ... Digital currencies likely to be legal tender, say Central banks
Each asset holds a value, often priced in U.S. dollars, which leads to another use case: trading and investing. Aside from stablecoins — which seek to stabilize the instability of cryptocurrencies by pegging an asset to something else, such as the U.S. dollar — most cryptocurrencies constantly fluctuate in price. You can trade between cryptocurrencies and national currencies (called fiat currencies) on exchanges, depending on the trading pairs available on the platform of choice.
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The result of this saw Bitcoin’s highest prices sliced in half in June, with the coin struggling to break out of the low to mid $30k price range until it received a welcome boost from Tesla founder Elon Musk in his appearance at major Bitcoin conference in July.