A look at funding rates across exchanges hints at excessive optimism, with traders going long on BTC en masse — a classic indicator of a correction.
China’s crackdown has delivered a windfall to international groups that mint digital tokens
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Business News›Markets›Cryptocurrency›Top cryptocurrency prices today: Solana, Binance Coin fall; XRP jumps 9%
The same goes for the Safemoon exchange compared to the competing exchanges. The number of products that the Safemoon ecosystem will host is less than that of competing parts. In the long run, less revenue will be generated on the Safemoon network, which means the rewards for token staking will be lower compared to platforms like Bitrise.
El Salvador's move to adopt Bitcoin is the first time Bitcoin has been adopted as a legal tender in a sovereign nation.
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5% is reflected on to all holders for passive income. 5% is added to the liquidity pool. A burn wallet receives a portion of the reflections to never be seen again.
DeFi and NFT expert Rio Rocket told The Sun that he is hearing "rumblings" from investors noting that they are "unable to take large-scale profits."
The debacle was tinged with irony, coming just as Binance CEO Changpeng Zhao, also known as CZ, warned about incoming volatility.
“Regulation is probably one of the biggest overhangs in the crypto industry globally,” says Jeffrey Wang, head of the Americas at Amber Group, a Canada-based crypto finance firm. “We would very much welcome clear regulation.”
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Fig 3 shows an example wavelet coherence scalogram (the wavelet coherence scalogram for Bitcoin and Litecoin which will be analysed later). All following scalograms use the cross wavelet and wavelet coherence software provided by A. Grinsted [21].
Dogecoin, founded in 2012 as a joke, has drawn widespread attention from high-profile personalities such as billionaire entrepreneur Elon Musk and rapper Snoop Dogg.
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New short-term investors who are selling their holdings in reaction to the drop may be influencing the continued dip in Bitcoin’s value, according to a recent report from Glassnode Insights, a blockchain analysis firm.
Although Binance.US is growing fast and is now considered to be one of the top exchanges in the United States, it doesn’t measure up to its parent company, Binance.