BEIJING (AP) — China’s central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money.
SafeMoon app has crossed 600,000 downloads. The team has announced that Bitcoin and Dogecoin will soon be added to the wallet. The partnership with Unicrypt, the multi-chain decentralized protocol, has kept V2 consolidation on track.
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The billionaire founder of Citadel also expressed bewilderment with Elon Musk's decision to ask Twitter if he should sell 10% of his Tesla stake.
Recent drops have been caused by a combination of factors, Noble theorizes, from excitement about low-quality coins, to negative remarks from Elon Musk, to China’s recent crackdown on crypto services. The accumulated response made this sell off “all the more violent,” says Noble.
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The surge in Bitcoin’s value in recent weeks follows the much anticipated first Bitcoin ETF debuting on the New York Stock Exchange, and a record-breaking October for the stock market in general.
Cryptocurrency investor discusses bitcoin back in 2011, before it earned him a life of luxury
Yet tales of meme-coin holders becoming millionaires have attracted new waves of retail investors to crypto — along with a growing number of nefarious players. In May, the Federal Trade Commission tallied a record number of crypto investment scams, with Americans’ losses totalling around US$80 million since October.
RENO, Nev. (AP) — A former school teacher has sued the CEO of a major cryptocurrency company that wants to build a smart city in the Nevada desert, accusing him and his wife of sexually harassing her and creating a hostile workplace at their Lake Tahoe home where she worked as a nanny, tutor and assistant...
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Typically valued for less than one dollar, Loopring prices are now over $3 a share.
How does this latest crash compare to previous ones, or even to regular stock market drops — and what does it mean for investors?
The inability to get SEC approval really held back bitcoin and cryptocurrencies in general. It sent the message, says Innes, “that there wasn’t underlying support from Wall Street.” Meanwhile, the price dropped from around $10,000 to $6,000.
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We explain what you need to know about SafeMoon and how its price is predicted to change in 2021.