Even though the current downside move is sure to shock some investors, slight corrections after reaching new all-time highs are a customary practice for Bitcoin.
© 2020 THE SUN, US, INC. ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP BUSINESS Toggle navigation Home BUSINESS Crypto Prices Today: Bitcoin, Major Coins Turn Red Crypto Prices Today: Bitcoin, Major Coins Turn Red Published November 10th, 2021 - 06:42 GMT
.
Competing interests: The authors have declared that no competing interests exist.
Also, several businesses now receive bitcoin as payment for goods and services – another reason why it is a wise investment. For instance, Visa transacts with BTC, and in February, Tesla announced that the company has invested $1.5 billion in BTC and will also be accepting it as means of payment for its cars. Additionally, the large banks are already incorporating BTC transactions in their offers too.
Advertise Disclaimer Terms and Conditions Careers Contact Privacy Policy About The BeInCrypto Team
While paying for things in cryptocurrencies doesn’t make sense for most people right now, more retailers accepting payments might change that landscape in the future. It’ll likely be much longer before it’ll be a smart financial decision to spend Bitcoin on goods or services, but further institutional adoption could bring about more use-cases for everyday users, and in turn, have an impact on crypto prices. Nothing is guaranteed, but if you buy cryptocurrency as a long-term store of value, the more “real world” uses it has, the more likely demand and value will increase.
A cryptocurrency analyst at the YouTube channel “Broke Man Finance” has analyzed the SafeMoon price trend and predicted that the token would likely hit a new all-time high soon.
Get daily crypto briefings and weekly Bitcoin market reports delivered right to your inbox. Key Takeaways Bitcoin and Ethereum are holding above crucial support levels. Both assets could face significant losses if they lose these key interest areas. BTC could dive to $58,000 and ETH toward $3,700. This Exchange News was brought to you by OKCoin, our preferred Exchange Partner.
Depositing fiat and digital assets on Binance.US depends on a user’s account verification level described above. Depositing/withdrawing is done quickly and entails going to the Binance.US homepage and clicking on a customer’s profile and selecting an appropriate option from the dropdown menu in the provided dashboard.
Personal Finance Economy Markets Watchlist Lifestyle Real Estate Tech TV Podcasts More MortgagesStudent LoansCredit CardsPersonal LoansSavingsInsurance401kRetirementTax Planning Pre-MarketsUS MarketsFutures & CommoditiesBondsFunds & ETFsBusiness LeadersIndustriesRetail Mornings with MariaVarney & CoCavuto: Coast to CoastMaking Money with Charles PayneThe Claman CountdownBulls & BearsThe Evening EditKennedyStrange Inheritance with Jamie ColbyMaria Bartiromo's Wall StreetWSJ at Large with Gerry BakerBarron's Roundtable Channel FinderJobsTerms of UseUpdated Privacy PolicyFAQMedia RelationsCorporate InformationClosed Captioning PolicyAccessibility StatementFox NewsFox NationFox Business GoApps & Products
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.
A secure place to store and trade your SafeMoon. Some features include Wyre integration, dark mode, contacts list, hold to cancel, and haptic feedback.
SafeMoon is one of the most popular new cryptocurrencies of 2021, but can you buy the currency on the Coinbase or Binance exchanges?
Brian was appointed Binance US CEO after his time as the Comptroller of the Currency. His appointment was in line with Binance strategy to employ regulatory professionals in key offices to help it end it tackle continued crackdown in the hand of regulators.
Open a free, no-risk demo account to practise trading on our full range of cryptocurrencies.
Additionally, because there is no physical product or centralized organizing body, it is hard to point to anything and say “see, that good thing happened, crypto values will increase now”. So how does cryptocurrency gain value?
Learn what crypto day trading is and how to participate in three steps: Select a platform, evaluate your investment options, and pick a trading strategy.