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“It was almost like you just gave a 21-year-old a million dollars,” Harrison said. “I get it -- they were excited to be so popular.”
While its price swiftly dropped to below $65,000 after hitting the new all-time high Wednesday, Bitcoin’s latest new record is an impressive feat considering just a year ago the currency hovered around $15,000 per coin. Ethereum — the next most popular crypto — has seen a recent surge as well, and on Wednesday notched another new all-time high of its own above $4,800. .

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A top official said Zimbabwe is looking to allow cryptocurrency as legal payment, according to a local report Sunday.
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Cryptocurrency exchanges play a valuable role in creating liquid markets for popular cryptocurrencies and setting their value relative to traditional currencies. You can even trade cryptocurrency derivatives on certain crypto exchanges or track broad-based cryptocurrency portfolios in crypto indexes.
On Tuesday 9 November, Bitcoin’s price was trading up by roughly 11.5% on the last week after soaring to a new record price of over $68,000 on Tuesday morning.

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    If you invest in crypto and blockchain projects, this is the essential app for you to track their health and activity. Get descriptions, charts – including candlestick charts, daily historical OHLCV data – and links to each project in the same place. Get only the latest and greatest!

    GURA: A HODLer is crypto-speak for someone who bought cryptocurrency and who's held on to it, despite its extreme volatility. Lummis paid $330 for her first bitcoin back in 2013, and today it's worth around $60,000. She's bought more of it since, which means Lummis stands to gain or lose from the policy she's helping to shape. Lummis wants Wyoming to become one of the world's crypto capitals.
    WASHINGTON (AP) — With inflation at its highest point in three decades, the Federal Reserve is set this week to begin winding down the extraordinary aid it has given the economy since the pandemic recession struck early last year, a process that could prove to be a risky balancing act.

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    Like most things with cryptocurrency, regulation comes with hurdles. “There are different agencies that may or may not have jurisdiction to oversee everything,” says Wang. “And it differs state by state.”

    Ripple is also more easily converted than other cryptocurrencies with an in-house currency exchange that can convert Ripple units into U.S. dollars, yen, euros, and other common currencies.
    As we don’t know exactly how to classify them, it’s difficult to attribute a direct causality to a specific factor and a crypto’s rise or dive in value.

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    Users are being warned after a security breach at Robinhood has leaked sensitive information.

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    DAVIDSON: Maybe the best answer is slowly at first and then all of a sudden, which is the same way people go bankrupt, by the way.
    However, exchange pricing can still be extremely volatile. For example, Bitcoin’s U.S. dollar exchange rate fell by more than 50% in the wake of Mt. Gox’s collapse, then increased roughly tenfold during 2017 as cryptocurrency demand exploded.

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You can't ever determine how long or how far up a speculative investment can go, and you tend to be very shocked at how much it falls

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This is mainly because of the extreme volatility that takes place in the industry. If you’re not careful – you could lose a lot of money quickly.

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Other tokens, known as utility tokens, are only meant to be used within the context of a particular network, so they can’t even technically be classified as tradable assets in the same manner of security tokens.

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