A recent statement from President Joe Biden read: “Cyber threats can affect every American, every business regardless of size, and every community.”
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“Regulation is probably one of the biggest overhangs in the crypto industry globally,” says Jeffrey Wang, head of the Americas at Amber Group, a Canada-based crypto finance firm. “We would very much welcome clear regulation.”
You may be wondering what to make of cryptocurrency and whether it has a place in your portfolio. But if you’re not familiar with digital currencies or blockchain technology, even the basic concept can be overwhelming.
Bitcoin (BTC) crashed to just $8,100 on Oct. 21 — but only if you were trading on Binance’s dedicated United States exchange, Binance.US.
By hitting the $200m from a previous $150m market cap, Bitrise has again proven the pessimists wrong. The market cap shows that the coin is quickly gaining the confidence of the investors. There are many developments that have taken place in the last few days that have significantly driven such fast growth.
Shiba Inu coin is trading up at approximately $0.00005580 (£0.00004113) as of 2.45pm today after smashing through multiple record highs in late October.
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The digital asset at press time is trading at $0.00000424. While the market cap is around $2,402,538,956. The trading volume for the last 24-hours is at about $12,121,142. And about 428.16660 TR have been burned. The coin had peaked to $0.000006 levels on the 28th of October. And is witnessing a downfall ever since.
There has also been a big debate on Safemoon tokenomics. Most of the competing coins have more appealing and innovative tokenomics than Safemoon. Whereas the Bitrise coin has an automated buyback and burning process, Safemoon is burning manually. This means the regulation of the Safemoon token liquidity is less transparent.
Binance.US has an option to automatically buy and sell crypto using U.S. dollars, using a simple interface that’s similar to what you’ll find on Coinbase and other competitors. Each of these buy/sell transactions charge a 0.5% fee.
Learn more about blockchain, and enroll for cryptocurrency certifications and courses under the best cryptocurrency auditor at BLOCKCHAIN COUNCIL.
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Karony likens SafeMoon’s holder payments to the beginnings of businesses like Amazon.com Inc., where “earlier investors receive higher returns and growth because the initial risk they took was higher than those who joined later.”