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GURA: Lummis' approach to regulation puts her at odds with another outspoken member of the Senate Banking Committee. That's Democrat Elizabeth Warren, who wants tougher rules. Cryptocurrency has become a popular investment, but it's also gotten a bad name because of how it's being used for money laundering and in ransomware attacks. Warren told Bloomberg TV, cryptocurrency is like the Wild West.

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For more on trending cryptocurrencies, check out the latest on Save Planet Earth, IOST, Bonfire, Arweave, and TrueFi.
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Phantasia Integrates Chainlink Pricing, and Sports Feeds Into the Fantasy Sports Platform NASDEX Syncs Chainlink Price Feeds to Provide On-Chain Accessibility to Traditional Asian Assets Solana (SOL) Continues to Break New Highs! Binance.US to Back BOBA Airdrop Program for OMG Holders Discord Clarifies Its Stand on Crypto Wallet Speculation Neo Global Development Announces GhostMarket as a New Partner Shiba Inu Loses Charm; Down by 42% From Its All-Time High! Web3Go, a Polkadot Open Data Platform, Is Now Available with SubQuery Become an FT subscriber to read: Former Binance US chief Brian Brooks to lead crypto miner Bitfury
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The Biden Administration Wants New Legislation to Regulate Stablecoins. Here’s What That Means for Investors
SafeMoon may have some investors concerned that it will not return to its prior glory. Despite a very promising starting performance, SafeMoon has settled far below the hopes of the investors that held onto the token.

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And new cryptocurrency applications take root with impressive frequency — Cryptomaniaks has a great look at the fast-growing world of cryptocurrency sports betting sites as just one example.

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Cryptocurrency is going mainstream — and becoming increasingly difficult for investors to ignore.

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    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.
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    Assets hovered at record highs even after the Fed said that "asset prices may be vulnerable to significant declines."

    The phenomenon has occurred more frequently in recent days, with Bitstamp also seeing freak order-book events.
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    Jack Purdy, a senior research analyst at crypto analysis firm Messari Inc., said that while he didn’t know how risky SafeMoon might be, its website makes it clear that it’s designed to get investors to buy and hold to “earn passive rewards through static reflection as they watch their balance of SafeMoon grow indefinitely.”
    Polkadot was designed to reward genuine investors and sorts out those that are only trading to make fast money from crypto. Investors that are well-engaged on this platform also help with decisions such as network fees, removing or establishing parachains, and network upgrades.

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    4JNET encourages investors to hold for long periods of time by rewarding them for their patience. Investors who hold their 4JNET assets will receive additional tokens each day for as long as they hold.

    The supply of a cryptocurrency depends on how many new coins are being mined and how many current owners want to sell their coins.
    Beijing's crackdown on cryptocurrency sends bitcoin entrepreneurs moving to the wild wild west.

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How does this latest crash compare to previous ones, or even to regular stock market drops — and what does it mean for investors?

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The cryptocurrency market woke up to a shock in early trading on Thursday morning. On the Binance US cryptocurrency exchange, the value of Bitcoin (BTC) plummeted nearly 87 percent in value, settling around $8,200. The issue that caused the value spike was reportedly corrected swiftly and the Bitcoin value returned to its normal levels within a couple of minutes.

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