The country will be the first to recognise the crypto-currency as legal tender from September 7.
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.
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Users are being warned after a security breach at Robinhood has leaked sensitive information.
It was a wild ride for SafeMoon, with its prices exploding in the first few weeks before crashing down.
Still, an increasing number of big, powerful players are validating crypto’s potential.
A recent statement from President Joe Biden read: “Cyber threats can affect every American, every business regardless of size, and every community.”
(Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the asset/s mentioned.)
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Bitcoin futures ETFs are designed to allow investors to make trades on futures contracts and away from the usual means of crypto exchanges like Binance, which have come under greater scrutiny from regulators worldwide.
Bitcoin hit an all-time high of $68,530.34 early Tuesday, according to CoinMarketCap. That's just a few weeks after it hit a previous high of nearly $67,000 before sliding as much as 12%.
Once this initial interval expires, Binance.US will introduce a uniform fee schedule, with flat-fee amounting to 0.10% per trade for personal accounts. In other words, the purchase of 100 USD worth of BTC, for example, will take USD 0.10 out of your pocket. The fee schedule for corporate accounts will be adjusted based on the associated trading volume.
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NextAdvisor Investing Cryptocurrency Binance.US Review 2021: Low Fees, But Investors Should Take a Pass Advertiser Disclosure Binance.US Review 2021: Low Fees, But Investors Should Take a Pass
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