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Chiefly, Binance will no longer permit U.S. passport holders to sign up for its global Binance.com service. That’s according to the company’s updated terms and conditions — “Binance is unable to provide services to any U.S. person” — which were confirmed to TechCrunch by a spokesperson.
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“I know these things are super volatile, like some days they can go down 80%,” Humphrey Yang, the personal finance expert behind Humphrey Talks, previously told NextAdvisor. “But if you believe in the long-term potential of [Bitcoin], just don’t check on it. That’s the best thing you can do.”
Last Tuesday, Squid was trading at just 1 cent. In less than a week its price had jumped to over $2,856.
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.
Additionally, there are a few ways in which customers can reduce the amount of fees they pay. If customers choose to pay trading fees with Binance’s native token, BNB, the fees will be reduced by 25%. The second way in which fees can be reduced is by referring friends to Binance. If a user pays fees with BNB and refers a friend, the most they will end up paying in trading fees is 0.06% for each trade. That is one of the best deals in all of crypto.
Musk has been a long-time advocate of cryptocurrencies and the Tesla decision was felt across the market, with other digital tokens going down in price.
SafeMoon’s upcoming upgrade, V2, is expected to enhance the token’s security, quality and accessibility. The SafeMoon community widely anticipates the launch of the V2 upgrade, and investors expect SafeMoon to recover from the recent drop in price.
The blockchain technology backing cryptocurrency is inherently secure, thanks to the decentralized — and public — nature of distributed ledger technology and the encryption process every transaction undergoes.
The global cryptocurrency market cap has grown by 2.63 percent over the previous day to $2.94 trillion, data from coinmarketcap.com shows.
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“It’s easy to get carried away, but such aggressive growth is highly unlikely to continue forever.”
The above prices are as of 01.09 pm IST on November 9 (Data courtesy: coinmarketcap.com).
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With the V2 upgrade, SafeMoon contracts will have additional use-cases, driving the token’s adoption higher.
Binance.US also offers a large number of trading pairs. This includes options to trade two cryptocurrencies without the need to cash out one for USD, as well as options to trade between crypto and a fiat currency like USD. Different exchanges offer different trading pairs based on the cryptocurrencies they offer.
At the time of writing, Bitcoin’s value was fluctuating at around $67,921.67, or £50,107 according to Coinbase.