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In the event of an extended rally, Bitcoin could test resistance at $65,000 levels before any pullback. The second major resistance level sits at $63,312.

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Unlike traditional payment processors, such as PayPal and credit cards, most cryptocurrencies have no built-in refund or chargeback functions, although some newer cryptocurrencies have rudimentary refund features. .

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NewsBusiness NewsCryptocurrency NewsCryptocurrency Prices Today: Ethereum gains nearly 11% in the last week
Whether you’ve already invested or not, keep in mind that making money through cryptocurrencies or other investments is never guaranteed, even with a popular one like Shiba Inu.

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He added: "You’re simply reliant on someone further down the line being willing to pay more than you did to turn a profit, which is a risky bet indeed."

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Binance.US currently supports desktop and mobile-based web access upon initial launch, with the promise to provide app version down the road. No matter what type of client is served, the platform guarantees access to the Binance’s matching engine which supports up to 1,400,000 orders per second.

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MoneyNews MoneyMOON MONEY SafeMoon price prediction 2021: Can the cryptocurrency reach $1?

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    Such volatility in crypto markets is nothing new. With no formal structure and countless competing exchanges, trading in the digital currency is still akin to settling out in the old American West. Earlier this month, decentralized finance platform Synthetify was forced to halt all trading due to a bug in the platform that provides pricing data. The same software responsible for Synthetify’s troubles was also blamed for a September Bitcoin crash.
    Each week, the Weiss Crypto Sunday Special brings you actionable video content on the hottest macro trends in crypto. This week, host Chris Coney wants to help you learn how to protect the value...

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    Over the last 24 hours, Ether (ETH), the currency for the Ethereum network, went from ₹3,60,811 to ₹3,56,110, with a market cap of ₹39.5T. In the same time, Litecoin (LTC) moved down from ₹16,079 to ₹15,763, a change of -1.97%, with a market cap of ₹1.0T. Ripple, or XRP, is another hugely popular token, with a market cap of ₹4.1T. In the last day, its value has changed -0.40%, moving from ₹92.61 to ₹92.24.

    The cryptocurrencies prices are highly volatile compared with the traditional currency pairs and assets in the foreign exchange market due to fluctuations in the interest of the public. This factor is associated with the user and we must add the absence of current regulation and its constant pressure from governments. These factors make the volatility of the digital currencies constant, modifying the Cryptocurrencies Market Prices and affecting values of such cryptocurrencies as Bitcoin, Ethereum, Ripple, Cardano, Stellar Lumens, VeChain, Litecoin or Chainlink, among others.
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    MoneyNews MoneyMOON MONEY SafeMoon price prediction 2021: Can the cryptocurrency reach $1?

    Following another mixed day for the majors on Thursday, a Bitcoin move back through to $62,500 levels should support the broader market.
    In this review, we shall cover Binance.US as the American branch of the global cryptocurrency exchange Binance. Upon launching its registration and depositing features on September 18, 2019, the platform promises to establish itself as a secure marketplace for digital assets for customers in the United States. Offered features are described as being developed in line with the experience and technology its “parent” platform managed to fine-tune over the years, including the matching engine and wallet from Binance.

  • Kraken Vs Bitcoin

    The global crypto market cap jumped about 3 per cent, to $2.73 trillion mark compared to the last day. However, the total crypto market volume was largely flat at $129.42 billion.

    Peck wins Longmont mayor's contest; Yarbrough, Rodriguez, Martin elected to City Council
    Some Chinese sites are "still selling" crypto, raising funds in bitcoin and ethereum. Paraguay, Argentina Are ‘Targets for Crypto Miners’, May Provide Green Bitcoin Solution

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    The U.S. House of Representatives voted to pass a bipartisan infrastructure bill that contains a controversial cryptocurrency tax reporting requirement.

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    For these brands NFTs act like “digital merchandise,” Hoffman explained, with most of them still being created on top of Ethereum as the blockchain’s ERC-721 form of token.

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    HomeToday's PaperLatest NewsEconomyFinanceCurrent AffairsInternationalManagementStrategistWeekendData StoriesBS ReadsMarketsNewsStocksCommoditiesIPOsMutual FundsMutual Fund ToolsDerivativesBS Fund ManagerCompaniesNewsResultsFinancial X-RayAutoEngineeringFinancialsInfraITOil & GasTelecomServicesAll SectorsOpinionEditorial CommentColumnistsBS SpecialBusiness Law & TaxLunchPollTechNewsReviewsLaunchesSpecialsSpecialsWeekendDigital ConsumerPE/VCBrand WorldSMEStart-upsB2B ConnectSponsored ContentBS SpecialWorld Environment DayPFNewsFeaturesInvestmentsLoans & Credit CardsTaxInsuranceFinancial ToolsPortfolioThe Morning ShowCoronavirusSportsICC T20 WC 2021ICC World Test ChampionshipIPL BS APPS iPad iPhone Android Wap BS PRODUCTS Smart Investor BS Hindi BS Motoring BS Books Today's Paper BS E-Paper Bs Learning Hi, Change Password Subscribe My Page Sign out Change Password Manage My Account My Page Sign out SIGN IN Subscribe ByteDance founder Zhang Yiming steps down as chairman to focus on TikTok Gone in 5 minutes: Investors lose millions in 'Squid Game' cryptocurrency More than 40,000 people still held the token after the crash, according to BscScan, a blockchain search engine and analytics platform John Yoon | NYT Last Updated at November 4, 2021 00:28 IST email this article Message: Recipients' Email: Type address separated by commas Your Email: Enter the characters shown in the image. Send me a copy: The cryptocurrency, called Squid, began trading early last week at a price of just one penny per token Millions of dollars vanished in a matter of minutes after investors piled into a new cryptocurrency inspired by “Squid Game,” the popular Netflix survival series, only to watch its value plunge to nearly zero in a few short hours. The cryptocurrency, called Squid, began trading early last week at a price of just one penny per token. In the following days, it drew attention from a number of mainstream media outlets. By early Monday, it was trading at $38 a token on a cryptocurrency exchange called Pancakeswap. Then Squid went on a roller-coaster ride. In a 10-minute span later on Monday, the token’s value grew from $628.33 to $2,856.65, according to CoinMarketCap, a crypto data tracking website. Then, five minutes later, it traded at $0.0007. More than 40,000 people still held the token after the crash, according to BscScan, a blockchain search engine and analytics platform. One of them was John Lee, 30, of Manila. He said he had spent $1,000 on the Squid tokens, thinking “somewhat instinctively” that the token had been authorised by the Netflix show. Lee said he was surprised when he learned that he was not be able to sell the token immediately. He can sell the tokens now, but he’d be left with “almost nothing,” he said. Sharon Chan, a spokeswoman for Netflix, declined to comment. The reasons behind Squid’s collapse, reported earlier by Gizmodo, weren’t clear. Neither were the identities of its creators. Its website appeared to have been taken offline. An email sent to its developers bounced back. Its social media channels appeared to have been shut down. Its Twitter account was not accepting direct messages or replies. In the aftermath, the crypto currency world is mulling whether Squid was what Molly Jane Zuckerman, head of content at CoinMarketCap, called a “rug pull,” in which a cryptocurrency’s backers effectively leave the market and take their investors’ funds with them. “I’m not seeing the developers coming online and saying, ‘Hold with us, so sorry, we’ll figure this out,’ which is what happens when there’s some sort of non-malicious problem,” she said. Squid’s crash highlights the regulatory gaps over crypto currencies, as government agencies and private firms rush to get a grip on the volatile yet increasingly popular investment.

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