View: A digital rupee and cryptocurrencies can (and should) co-existAnirudh Rastogi & Amol Kulkarni
Cryptocurrency users have wallets with unique information that confirms them as the owners of their units.
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So what should crypto investors do in light of this latest increase? Nothing, according to the experts we’ve talked to. Given the crypto’s history of volatility, this increase doesn’t guarantee a long-term reversal. Bitcoin’s price is just as likely to fall back down as it is to continue climbing. The price swings are going to keep happening, and experts say they’re something long-term crypto investors will have to continue dealing with.
And while proponents tout cryptocurrencies as potentially lucrative alternative investments, few serious financial professionals view most coins — with the important exception of Bitcoin and a few others — as suitable for anything other than pure speculation.
We’ve seen Bitcoin hit multiple new all-time high prices, regulatory talks with potential to have big impact on the industry, and more institutional buy-in from major companies. All the while, people’s interest in crypto has skyrocketed this year: it’s a hot topic not only among investors but in popular culture too, thanks to everyone from long-standing investors like Elon Musk to that kid from your high school on Facebook.
Bitcoin wasn’t the only cryptocurrency to feel the effects of Tesla’s decision. (Pic: Shutterstock)
WASHINGTON (AP) — Federal regulators have accused a group of people of promoting a securities offering tied to digital currency that raised over $2 billion from retail investors without being properly registered.
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Expect continued conversations about cryptocurrency regulation. Lawmakers in Washington D.C. and across the world are trying to figure out how to establish laws and guidelines to make cryptocurrency safer for investors and less appealing to cybercriminals.
The program offers the following benefits and is limited to personal account owners on the platform:
This suggests that bulls have flipped the $1.24 level into support. This level could now act as a launchpad for the next leg of the up-move. The XRP/USDT pair could rally to the overhead resistance at $1.41 where the bears are expected to mount a stiff resistance.
Play-to-earn: Another popular feature that will make the EverGrow platform more adoptable will be its play-to-earn games. As we speak, the crypto gaming industry already has a market revenue of more than US$321 million, with around 41.9 million gamers owning crypto. The EverGrow Ecosystem will build numerous products using its unique NFT platform to boost EGC Tokens and its trading volume.
But cryptoassets as commodities can be traded if they can exhibit clear benefits and can abide by the principles of Shariah, Bloomberg first reported.
The scope of the Binance.US error, however, was in a league of its own and did not go unnoticed by market participants.
It is unclear what impact these investigations may have had on Brooks’ decision to resign.