Midland MetroMidland Metro Alliance flooded Corporation Street with workers to demolish the old tracks and rebuild the line in 14 weeks - but a fortnight after work was completed there is still no sign of services returning
“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.”
.
Disclaimer: Our articles are NOT financial advice, we are not financial advisors. All investments are your own decisions. Please conduct your own research and seek advice from a licensed financial advisor.
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)
(Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the asset/s mentioned.)
Learn Latest News BIC NFT Opinion Bitcoin Altcoin Prices Exchanges Press Releases btc $64970 -5.12% eth $4713 -2.68% bnb $625.71 -5.65% usdt $1 -0.85% sol $241.86 -0.48% ada $2.1 -7.78% xrp $1.21 -9.26% dot $48.39 -6.6% usdc $1 -1.23% doge $0.260246 -6.1% shib $5.639E-5 +6.39% luna $50.78 -1.27% AVAX $87.95 -2.87% ltc $264.84 -7.72% link $35.75 -3.83% Join Telegram
Bitcoin (BTC) is the preeminent cryptocurrency and the first to be used widely. However, hundreds of cryptocurrencies exist, and more spring into being every month.
ProShares Bitcoin Strategy ETF, which began trading late last month, was up 10.95% on Monday.
Released in 2012, Ripple (XRP) is noted for a “consensus ledger” system that dramatically speeds up transaction confirmation and blockchain creation times — there’s no formal target time, but the average is every few seconds.
Alternatively, if the price breaks below the 20-day EMA, the next stop could be the 50-day SMA ($0.24). If this support is breached, the selling could intensify and the pair may drop to the strong support at $0.19.
For more breaking news and information on cryptocurrency markets and various other tech-centric avenues of interest, make sure to check in regularly here with us at Shacknews. We also provide a wide assortment of video game coverage, including news, previews, reviews, and some of the most comprehensive guide content available online.
Despite the concerning news and slight pullback in traditional markets, BTC and ETH prices rose, a dynamic that analysts such as Anthony Pompliano refer to as “asymmetric price action” where investors see a red hot stock market and unsustainable central bank monetary policymaking risk-on assets like Bitcoin as attractive investments and hedges against gold, the dollar and inflation.
Business School RankingsBusiness EducationEntrepreneurshipRecruitmentBusiness BooksBusiness Travel
In the meantime, cryptocurrency users (and nonusers intrigued by cryptocurrency’s promise) need to remain ever-mindful of the concept’s practical limitations.
The SafeMoon price is not joining in the broader market rally today and is down about 4%. Over a longer term view, however, SafeMoon is doing just fine. Since October, the SafeMoon price has rallied over 160%. The recent declines could be investors taking some profits off the table in a broader market that is trading at all-time highs.
CFD Accounts provided by IG International Limited. IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority.
Share News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingContracts & TendersExecutive Job SearchAdvertise with the FTFollow the FT on TwitterFT TransactSecondary Schools