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The exchange is cutting off Chinese users and will lose a third of revenues from next year, co-founder tells FT News

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Its founders have been holding ‘Ask Me Anything’ sessions to reassure potential investors of its legitimacy due to the unregulated nature of cryptocurrencies. .

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Now that you're familiar with the basics of both Binance and Binance.US, let’s cover some specific topics that you’re interested in.
Millions of Salvadorians are expected to download a digital wallet app with $30 of free Bitcoin.

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The next phase in the crypto mining process is to compile a list of all transactions, which is subsequently included in a new unconfirmed data block. It avoids “double spending” of any cryptocurrency and keeps a permanent and public record by adding their transaction to the blockchain, once the verification procedure is complete. The record is immutable, which means it can never be changed or corrupted.
It’s important to read the details on your chosen trading platform to ensure you understand the level at which price movements will be measured before you place a trade.

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Cryptocurrencies’ supply and value are controlled by the activities of their users and highly complex protocols built into their governing codes, not the conscious decisions of central banks or other regulatory authorities.

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Indeed, following its nearly $20,000 peak, bitcoin in early 2018 dropped to around $10,000 and hovered there for a while.

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    Harrison, who still owns SafeMoon, said that the developers have become more professional since the AMA incident: “They’re a bit more scripted, they sit down, they’re in suits.”

    Influencers like disc jockey Diplo, YouTube star Jake Paul and platinum-selling rapper Lil Yachty touted SafeMoon, though none were compensated for doing this, according to Karony. SafeMoon’s Twitter account now has more than 968,000 followers.
    Despite this, any lack of trust in Binance has a knock-on effect when it comes to how users perceive its U.S. platform, due to the close association of the two. On reliability, the U.S. platform comes out on top. This does not mean that either have a good reputation. Binance has work to do, and lots of it.

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    WARREN DAVIDSON: The industry is basically pleading, give us some regulatory clarity.

    SafeMoon burst on to the cryptocurrency market place earlier this year – and now the digital coin is seeing further gains.
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    Bitcoin price has been consolidating for more than ten days and shows no signs of a directional bias. BTC collected liquidity and could be primed for a move lower. For now, the altcoins are showing strength as BTC coils up. If BTC crashes, altcoins are bound to take a hit.

    Despite its success, SafeMoon still remains to be an undervalued crypto among the investors’ community. The coin is still in its initial days as it was launched in March, 2021. Early investors would be rewarded in the long run when the token finds it way into top trading platforms.
    Fast fact, altcoins games and metaverse tokens are showing user-driven, huge popularity, and their continued presence in the crypto industry these days. In fact, their presence has been well-felt since the beginning of this year.

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    There are so many areas Safemoon is falling short. In the products, there is so much competition Safemoon is getting from the likes of Bitrise crypto coin. For instance, Safemoon wallet is deemed inferior to Bitrise dApp wallet.
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As long as prices avoid closing below this barrier, odds favor a resumption of the uptrend toward a new all-time high at $4,574.

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Results were generated a few mins ago. Pricing data is updated frequently. Currency in USD

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The choice of Binance vs Binance.US is quite a simple one. Binance.US is for residents and citizens of the United States. It is one of the largest crypto exchanges in the U.S. by trading volume. To comply with U.S. regulations, not all the functions of the international Binance exchange are available on Binance.US. However, the fees are equally low, and the liquidity is more than enough for most users. If you are in the United States and want to use Binance, Binance.US is the only fully legal way to do it.

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The price of Bitcoin rapidly plunged about 87% on Binance's U.S. exchange Thursday morning, sinking to as low as $8,200 from around $65,000. The price did nothing like that on other venues, and on Binance the level almost immediately snapped back to where it had been.

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