Cryptocurrency prices today: Ether, the coin linked to ethereum blockchain, declined over a per cent to $4,158 In cryptocurrencies, Bitcoin prices today plunged below $61,000 as the price of the world's largest cryptocurrency by market capitalization was trading more than 3% lower at $60,935. Bitcoin, which recently hit a new high, is up 109% this year (year-to-date or YTD) so far. Ether, the coin linked to ethereum blockchain and the second largest crypto, also declined over a per cent to $4,158. Meanwhile, Cardano prices were marginally lower at $2.15 whereas dogecoin plunged more than 2% to $0.25. Other digital tokens like Binance Coin, XRP, Uniswap, Litecoin, Solana were mixed over the last 24 hours. On the other hand, Shiba Inu was trading over 17% higher to $0.00004843, as per CoinGecko. Crypto funds saw inflows totalling $1.47 billion last week, the largest on record, as the first bitcoin-based exchange-traded fund (ETF) called the ProShares Bitcoin Strategy ETF (BITO), started trading in the US, according to digital asset manager CoinShares. Bitcoin saw 99% of the inflows totalling $1.45 billion last week. Additionally, inflows year-to-date (YTD) now sit at $8 billion, surpassing the record in 2020 of $6.7 billion. Ethereum saw outflows for a third consecutive week totalling $1.4 million. CoinShares believes that this is minor profit-taking as the price closes in on an all-time-high. In another news, Robinhood Markets shares fell below their initial public offering price in after-hours trading on Tuesday after the retail broker reported softer revenue than expected for the third quarter as trading levels declined for cryptocurrencies like dogecoin. Last week, Bitcoin rallied to a record high of $66,974, the recent rally came after six-months from its previous top of $64,895, fueled by the debut of the ProShares Bitcoin Strategy ETF.
Crypto companies, online gaming, and digital assets are already operating in virtual worlds. Online communities like Decentraland and The Sandbox have seen their game tokens surge in price. And a longer-term beneficiary will be the U.S.’s No. 1 crypto trading platform, Coinbase.
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Play-to-earn games have grown increasingly popular during the pandemic as the surge in online gaming encouraged the development of the GameFi technology sector which combines entertainment with real tools for earning money.
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“We are concerned about rapid increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,” Musk said on Twitter...
Warren Buffett got schooled during the pandemic. And now it's Nvidia's turn to pass up Buffett's Berkshire Hathaway.
Wallets used by cryptocurrency exchanges are somewhat vulnerable to hacking. For instance, Japan-based Bitcoin exchange Mt. Gox shut down and declared bankruptcy a few years back after hackers systematically relieved it of more than $450 million in Bitcoin exchanged over its servers.
The official site records PancakesWap as the essential trade to purchase the tokens. The initial step is to make a trusted wallet. Then, one needs to change BNB over to a smart chain employing the trust wallet and amplify SafeMoon. Use Pancakeswap to change Binance Smart Chain over to SafeMoon. Post trading the transaction, the wallet will obtain SafeMoon.
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Whales holding a significant portion of supply could be a cause of worry for any project as they can initiate a pump and dump scheme at any given time. Safemoon Cash’s whales are different due to no particular holder owning more than 2.5% of the total supply.
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A secure place to store and trade your SafeMoon. Some features include Wyre integration, dark mode, contacts list, hold to cancel, and haptic feedback.
If there’s anything celebrities should have taken from the Musk Bitcoin saga it’s that disclaimers in these investment recommendations are crucial. Luckily, Portnoy added that he had “no idea how this works,” and joked that it could actually be a Ponzi scheme.
However, as the BBC reported, it was criticised for not allowing people to resell their tokens.
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