US futures linger at all-time highs while cryptos hit new records, as Fed rings alarm on market risks
Of course, crypto is notoriously volatile. The last time Bitcoin reached these levels, it fell back several thousand dollars, and it’s undergone multiple corrections that take it down by half or more. Other coins are even more volatile – the memecoins bounce back and forth wildly at times – and scams and hacks occur with some frequency.
.
Worth noting: Once upon a time, cryptocurrency mining was a potentially lucrative side business for those with the resources to invest in power- and hardware-intensive mining operations.
The cryptocurrency has continued to rise and fall as other global administrations and regulators mull legislation to curb increased crypto activity often attributed to laundering and crime.
Cryptocurrency developers build these protocols on advanced mathematics and computer engineering principles that render them virtually impossible to break, and thus to duplicate or counterfeit the protected currencies.
NewsTransportCrimeWeatherScottish NewsPoliticsBusinessEducationHealthOpinionPeopleObituariesEnvironmentUK NewsWorldRead This
BUDAPEST, Hungary (AP) — An imposing bronze statue was unveiled in Hungary’s capital on Thursday which its creators say is the first in the world to pay homage to the anonymous creator of the Bitcoin digital currency.
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.
This app worked amazing and was very useful until 2 updates ago….after the second to last update my watch lists stopped showing up correctly. Only some coins show up in my watch lists. It says 14 are in the list but only one show up and I can’t add them back again. Figured maybe it was a glitchy update so I just waited for the next one but I just updated it again and it’s still like that. Makes the app useless to keep my lists, so frustrating because it was a very useful app when it worked. Btw I’m using an updated iPhone if devs are wondering. Would update to 5 stars if it actually worked because it WAS useful Edit: just uninstalled and redownloaded after the most recent update and it’s working again. Didn’t work last time so I guess the update did fix it. Back to 5 stars the app is useful Developer Response ,
We further explore the significance of cryptocurrency fundamentals at the aggregate market level using traditional asset pricing tests. For this analysis, we construct risk factors that are based on aggregate values of computing power and network. We denote the aggregate computing power factor with ACP and aggregate network factor with ANET. The innovation in constructing these factors is that we express them in cryptocurrency return units following the factor mimicking portfolio approach (Knez et al. 1994, Lamont 2001, Vassalou 2003).
Why is crypto down today? Cryptocurrency market crash, China ban - prices of Bitcoin, Shiba Inu and Ethereum
UL Achieves Technical Assessment Body Designation for UK and European Markets for Fire Safety Products
Bitwise’s chief investment officer explained why the firm has decided to drop its Bitcoin futures ETF and focus on the spot Bitcoin ETF.
That lack of widespread adoption, plus crypto’s volatility, limits its use as a currency, says Roger Aliaga-Díaz, principal and senior economist with Vanguard Investment Strategy Group.
According to CNBC International’s forecast, SafeMoon crypto fans say it’s trading down to the unprecedented wave of stimulus from governments and central banks around the world to tackle the coronavirus crisis would only make investing in SafeMoon trade rise. Such measures, they say, devalue fiat currencies, making SafeMoon a profitable investment in the cryptocurrency market.
In the meantime, the Indian government is considering a middle path on cryptocurrencies, as it finalises legislation on the virtual asset to be introduced in the upcoming winter session of Parliament. The hard-line stance for an outright ban of cryptos is not being found feasible in view of large investments in such instruments by Indians, and these unregulated virtual currencies are also unlikely to be allowed as a legal tender.
Prince Harry says he warned Twitter CEO about potential 'coup' before Capitol riot NewsIndustries Advertising Auto Banking Capital markets Energy Government Health Identity Insurance Legal and IP Real estate Retail Supply chain Tech-Media-Telecom Travel & mobility TechnologyManagement & legal Capital markets • News NYT: Brian Brooks left Binance.US when $100m funding fell through