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Bitcoin (BTC) crashed to just $8,100 on Oct. 21 — but only if you were trading on Binance’s dedicated United States exchange, Binance.US.
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Additionally, you can mine cryptocurrencies. Mining uses your computer or designated hardware to help run the networks that back crypto assets. Running a function on your computer or hardware automatically and continuously after it’s set up, carries out the mining process and generates revenue, helping to validate the transactions that are carried out on the blockchain, depending on the computing power designated.
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Other criticism of the founding team has come on the back of several promised developments of a Safemoon ‘ecosystem’ (including a bespoke wallet application) that have thus far fallen short of expectations.
One of the most valuable assets a cryptocurrency can have is an active, engaged community which is fully on board with the team’s vision.
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The exchange is cutting off Chinese users and will lose a third of revenues from next year, co-founder tells FT News
Chiefly, Binance will no longer permit U.S. passport holders to sign up for its global Binance.com service. That’s according to the company’s updated terms and conditions — “Binance is unable to provide services to any U.S. person” — which were confirmed to TechCrunch by a spokesperson.
Cryptocurrency trading is the act of speculating on cryptocurrency price movements via a CFD trading account, or buying and selling the underlying coins via an exchange.
NFTs "could be as big or bigger" than cryptocurrency trading on the platform, said Coinbase CEO Brian Armstrong.
The SOL/USDT pair could now drop to the support line of the channel. A strong rebound off this support will indicate that the up-move remains intact. Both moving averages are sloping up and the RSI is in the positive territory, signaling that bulls have the upper hand.
Ethereum price enters into price discovery mode as it continues to press on towards new all-time highs. Little exists in the form of resistance for Ethereum. Ethereum price has few, if any, resistance levels ahead. The only level nearby that might cause some selling pressure and profit-taking is the psychological number of $5,000.
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The supply of a cryptocurrency depends on how many new coins are being mined and how many current owners want to sell their coins.