The crypto prices today are trading in the red as Bitcoin, as well as the altcoins, have retreated after a strong week of rallies to new all-time highs.
New Terms of Use New Privacy Policy Do Not Sell my Personal Information Help Closed Captioning Policy Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by Refinitiv Lipper.
.
If you invest in crypto and blockchain projects, this is the essential app for you to track their health and activity. Get descriptions, charts – including candlestick charts, daily historical OHLCV data – and links to each project in the same place. Get only the latest and greatest!
It’s certainly fascinating to watch Binance, which has historically been one of the most aggressive crypto companies, transition into a more regulatory-compliant business. At the same time, those who have been cautious, such as Coinbase, are beginning to add new assets.
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.
One key thing to look out for is Safemoon to be added as a tradeable asset by a major broker or crypto exchange. Many of the best trading platforms will allow users to request assets to be added to the platform. If a request gets enough traction, the platform may look into its viability and then decide whether or not to add it.
As this platform does business as a separate entity from Binance, the users’ digital assets will be stored in Binance.US wallets only.
The newcomer HUH Token if nothing else should benefit from an initial spike in price as many currencies do. Investing early is how to take advantage of these sharp price increases and HUH token could replicate Shiba Inu’s market performance and return millions.
The value of Safemoon is currently sitting at $0.000003803 - up almost 23% over the past 24 hours, according to CoinMarketCap.
QUIZ: Do you everything that brands are doing to drive awareness about cryptocurrencies?
Mr Musk has served as a key for driving up the prices for other major meme coins this year, including Dogecoin and Shiba Inu.
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.
Binance CEO Changpeng Zhao insisted that the long-term pay-off will be worth any compromise.
The wave of job changes dubbed the Great Resignation includes top tech and media leaders. Executives who have left roles at Intel, SoftBank, Facebook and crypto exchange Binance.US in the last year are among those on the move.
With the rise in artificial intelligence and automation, armies of trading bots can theoretically be used to push a crypto’s price up by creating an artificial demand for the coin. As always, you should do some research to make sure any crypto you’re thinking of investing in isn’t being artificially boosted by bots.
TamworthAaron Michael Kennedy, 31, was also placed on the sex offenders’ register for a period of 10 years.
Despite the new record high, Bitcoin is still a highly volatile and speculative investment. In fact, the last time the crypto saw a record high in mid-April, it abruptly lost over half of its value and plunged to around $30,000 by mid-July.