Unlike Bitcoin, which is mainly used as a store of value, the price surge in Ether comes due to growing demand for people to use its blockchain to transact. Like fuel in a car, ether acts as the gas that propels transactions across its payments network.
US Securities and Exchange Commission is set to allow the first American bitcoin futures ETF to begin trading this week.
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Founder and CEO of Binance, Changpeng Zhao, tweeted that "Brian's work for Binance.US has been invaluable and we hope he will continue to be an integral part of the crypto industry’s growth, advocating for regulations that move our industry forward."
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The second-largest cryptocurrency traded above $4600 before paring those gains, but has logged record highs over the past week — thanks in part to the rising popularity of non-fungible tokens (NFT) and Decentralized Finance (DeFi) projects. Over the last year, ether has outperformed bitcoin, gaining more than 1025%.
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Bitcoin is widely regarded as the first modern cryptocurrency — the first publicly used means of exchange to combine decentralized control, user anonymity, record-keeping via a blockchain, and built-in scarcity.
Table 2. T-test p-values (for each period band of each cryptocurrency / metric pair).
When passing strings for password or salt, please consider caveats when using strings as inputs to cryptographic APIs. const { pbkdf2 } = await import('crypto'); pbkdf2('secret', 'salt', 100000, 64, 'sha512', (err, derivedKey) => { if (err) throw err; console.log(derivedKey.toString('hex')); // '3745e48...08d59ae' });const { pbkdf2, } = require('crypto'); pbkdf2('secret', 'salt', 100000, 64, 'sha512', (err, derivedKey) => { if (err) throw err; console.log(derivedKey.toString('hex')); // '3745e48...08d59ae' });
The global crypto market cap gained a per cent to $2.58 trillion mark compared to the last day. However, the total crypto market volume jumped as much as 26 per cent to $99.67 billion.
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Bitcoin is increasingly viewed as a legitimate means of exchange. Many well-known companies accept Bitcoin payments, although most partner with an exchange to convert Bitcoin into U.S. dollars before receiving their funds.
At the moment, Binance.US officials promise that this gradual coverage is only the beginning, making it their mission to eventually include as many US states as possible.
The Houston Firefighters’ Relief and Retirement Fund said it invested $25m in Bitcoin and Ether.
Burger King, Robinhood hand out free dogecoin in play to lure back retail investors
(Bloomberg) -- Crypto exchange Binance.US, whose chief executive officer recently resigned, just appointed a new president.
If a trader carries out cryptocurrency transactions often, any profit from there on would be taxable as business income. If cryptocurrencies are held as ‘stock-in-trade,' the income arising from there will also attract tax.