Analyst Ken Goldman cites concerns over the imitation-meat company's wider-than-expected third-quarter losses.
In the meantime, cryptocurrency users (and nonusers intrigued by cryptocurrency’s promise) need to remain ever-mindful of the concept’s practical limitations.
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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.
Launch of crypto-linked investment fund lends ‘professional’ edge to swashbuckling asset class
If you’re interested in trading the major cryptocurrencies, whether long or short term, there are many factors to consider. Do you have a high risk tolerance; are you open to volatility? Do you want to add more cryptocurrencies to your portfolio, or do you want to progress to a new asset class in time? Do you want to go for a day trading strategy, or do you prefer position trading for a longer-term approach? The following tips are key:
Binance begins to restrict US users ahead of regulatory-compliant exchange launch
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Over in the world of video games, a Saints Row reboot is on the way from Deep Silver and Volition. Although the game features a set cast, there’s still plenty of room for crazy character customization. Speaking of crazy — playing Psychonauts 2 is like living a bizarre fever dream. Find out more about Double Fine’s latest in the GR review, along with how the game could set itself up for another sequel.
Elon Musk’s announcement that Tesla would no longer be accepting Bitcoin as payment on environmental concerns was followed by China issuing a crypto crackdown.
Binance.US currently supports desktop and mobile-based web access upon initial launch, with the promise to provide app version down the road. No matter what type of client is served, the platform guarantees access to the Binance’s matching engine which supports up to 1,400,000 orders per second.
One key point to note about Safemoon crypto is that the developers haven’t really described any real-world use cases yet. The Safemoon protocol was hyped hugely by celebrities back in May, causing retail investors to jump on the bandwagon and push price higher. Following this, the price fell dramatically, leading many to claim that Safemoon was a ‘pump and dump’ scheme designed to make certain investors rich.
The pair could first drop to $4,146.30 but if this support also gives way, the correction could reach the psychological support at $4,000.
With the growing popularity of cryptocurrencies, a variety of digital currencies have emerged on the cyrpto investment scene. It is important to distinguish between three major categories in the crypto world and understand each one of them.
We’ll go through the several factors that influence demand for a particular crypto, but before we do that, it’s important to note that cryptocurrencies don’t fit comfortably into our existing asset categories.
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Experts recommend keeping your cryptocurrency investments to under 5% of your portfolio. If you’ve done that, then don’t stress about the swings, because they’re going to keep happening, according to Bill Noble, Chief Technical Analyst at Token Metrics, a cryptocurrency analytics platform.