The team announced a few days back that Safemoon whales had joined the coin. Since then, there has been an influx of new crypto members joining Bitrise coin. All these factors have significantly driven the market cap up by +$200 at the time of writing. But what are the underlying factors driving the huge number of investors joining Bitrise crypto coins every day?
Litecoin zoomed 18.71% to $246.43 and Uniswap was trading 3.31% higher at $26.65.
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What next for Shiba Inu (SHIB) following its 50% crash? Samuel Wan · 5 days ago · 2 min read
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But what is SafeMoon and why has it garnered such an interest? And is it something you should look out for?
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As the popularity of cryptocurrencies such as Bitcoin explode, the Biden administration is laying the groundwork for heavier regulation, and that could spark a big fight in Congress. Cryptocurrency is at a crossroads. As its popularity explodes and bitcoin hovers near a record high, the Biden administration is laying the groundwork for heavier regulation. That could set up a fight in Congress. As NPR's David Gura reports, a small group of lawmakers is worried the U.S. could miss out on an opportunity to be a leader in a financial revolution.
Cryptocurrency is a type of currency that’s digital and decentralized. Cryptocurrencies can be used to buy and sell things, and their potential to store and grow value has also caught the eye of many investors.
Mr Karkhalev added: "The growth in the capitalisation of the Bitcoin crypto market has also aided confidence.
Bitcoin’s price has taken a wild ride so far in 2021, and in November set another new all-time high price when it went over $68,000. This latest record high follows previous high points over $60,000 in April and October, as well as a summer drop to less than $30,000 in July. This volatility is a big part of why experts recommend keeping your crypto investments to less than 5% of your portfolio to begin with.
Brian Brooks, chief executive of the US arm of global cryptocurrency exchange Binance, said on Friday he had resigned just three months after taking up the role.
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A resolution published in the Official Gazette said the Central Bank will set rules for such currencies and determine how to license providers of related services within Cuba.
Margin is a key part of leveraged trading. It is the term used to describe the initial deposit you put up to open and maintain a leveraged position. When you are trading cryptocurrencies on margin, remember that your margin requirement will change depending on your broker, and how large your trade size is.
Under Brooks’ leadership, the OCC began allowing banks to provide cryptocurrency custody services and store cryptographic keys in July 2020. And this January, the OCC first permitted banks to use stablecoins for payments.