Coinbase falls 11% after the crypto exchange misses Wall Street's 3rd-quarter earnings expectations
It hasn't yet been recognised by the major cryptocurrency sites such as Coinbase but why did it get so popular?
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As acting Comptroller of the Currency, he presided over the leading regulator for national banks in the U.S. In that role, he pushed out a number of new authorizations for the integration of cryptocurrency in the banking system, including several fintech charters for banking firms.
Bitcoin price hits new record high - why is Bitcoin up today? Cryptocurrency prices of Bitcoin, ETH and Shiba Inu (Image credit: Getty Images/Canva Pro)
Now that you’ve got an idea of what Safemoon is and its background, we can focus on the coin’s long-term outlook. Most beginner crypto investors simply buy Bitcoin (BTC) or Ethereum (ETH), although lesser-known coins such as Safemoon can be better options if you are looking for quick returns. However, that being said, these options tend to be much riskier, so this will depend on your risk tolerance.
Yes, you can invest in cryptocurrencies using Indian currency, but you cannot use cash for the payment. Every investor needs a bank account linked to the crypto account to add money and make a digital payment. Only KYC-approved users can make such payments. Investors should note that exchanges charge some fees when you make an investment and redeem it. The fee levied may vary from one exchange to another, and from one currency to another.
Billionaire Elon Musk has also already gotten involved with DogeZilla by posting a tweet.
But one of these sessions caused SafeMoon’s price to plummet by more than 50 per cent.
Knez, P. J., R. Litterman, and J. Scheinkman (1994), “Explorations into factors explaining money market returns”, The Journal of Finance 49 (5), 1861–1882.
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Both moving averages are sloping up and the relative strength index (RSI) is near the overbought territory, indicating that bulls are in control.
The crypto prices today are trading in the red as Bitcoin, as well as the altcoins, have retreated after a strong week of rallies to new all-time highs.
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