Artwork is being "tokenised" and sold online for millions - but will the bubble burst?
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Billionaire Elon Musk hasn’t gotten involved yet like he has with Dogecoin and Shiba, but that’s always a possibility.
Without a clear track record to assess long-term value, cryptocurrency rises and falls on an unpredictable demand cycle. And for individual investors, the challenge is “you really don’t know where supply and demand can end up,” Aliaga-Díaz says.
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Cryptocurrency existed as a theoretical construct long before the first digital alternative currencies debuted.
Discrepancy in price of token on spot and futures markets opens opportunities for arbitrageurs
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Binance Smart Chains to introduce gas burning mechanism like Ethereum for increasing value of tokens
Cryptocurrency prices can move in spectacular fashion, and there are a variety of triggers for such volatility. Here are a few of them:
Like all cryptocurrencies, the majors are digital assets that secure and verify transactions using computer science and complex mathematics, known as cryptography. Unlike traditional (‘fiat’) currencies, they are not currently issued or backed by a central authority such as a government. Instead, they run across a network of computers and are underpinned by blockchain technology – a permanent record of transactions that cannot be altered without the consensus of the network.
Bitcoin is the world’s most widely used cryptocurrency and is generally credited with bringing the movement into the mainstream.
Mastercard Pens Deal With APAC Asset Management Firms to Launch Crypto-Linked Payment Cards
Binance uses a tiered fee structure, which clearly shows how much customers will pay in trading fees based upon their level.
At the moment, Binance.US officials promise that this gradual coverage is only the beginning, making it their mission to eventually include as many US states as possible.
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