More and more people are getting involved in the cryptocurrency trading market as Bitcoin grows in popularity. If you’re considering making a move into the world of trading, you must understand both the advantages and disadvantages. Cryptocurrency investors trade Litecoin, Ethereum, and several more cryptocurrencies. Even though there are several cryptocurrencies out there, Bitcoin is …
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New tokens, especially those that do not have any technological backing, can experience extreme volatility. That volatility can be experienced in major price dips such as those recorded by SQUID, a cryptocurrency inspired by the popular Korean television show “Squid Games”. SQUID Token Suffers Massive Crash Following explosive gains, the SQUID Games token had reached …
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CoinMarketCap has announced the Dogs of Elon Airdrop, where the entire crypto community has a chance of being a part of. Dogs of Elon is a project that has two main features: a collection of NFTs and an ERC20 token dubbed DOE. DOE Token Airdrop The announcement states that the DOE airdrop will feature on …
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One of the most popular scams in the crypto space is rug pulls, where new projects pull out of the market after investors pour in a substantial amount of money. The recent rug pull happened with AnubisDAO, a fork of OlympusDAO. AnubisDAO is a project that launched on October 28 through a Discord channel. After …
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Real Vision CEO and macro guru Raoul Pal is bullish on crypto but warns that the market will likely take the “path of most pain.” In a new TradeStation interview, the former Goldman Sachs executive says that the crypto market tends to go the opposite direction of what people expect to happen. “Everybody’s kind …
Major cryptocurrency exchange Binance announced the suspension of all transaction withdrawals on its platform on Monday morning due to a “large backlog” of data. CEO Changpeng Zhao assured all users that funds were safe before the functionality was restored. The platform shared this announcement on their official Twitter page via a thread, stating: We’re on …
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Lately, Bitcoin’s (BTC) biggest investors have been upping their reserves in sync with the ongoing price recovery, one Glassnode metric suggests. Dubbed as the “Whale Supply Shock,” the on-chain indicator represents the ratio between the amount of Bitcoin held by “whales” and “fishes.” Whales represent addresses that hold between 10,000 and 100,000 BTC, while fishes …
Digital Currency Group (DCG), one of the largest companies in the cryptocurrency industry, has completed a major secondary investment round led by Japanese financial giant SoftBank. DCG has sold $700 million worth of shares to companies like Google’s parent company, Alphabet, to bring its valuation to more than $10 billion, the company officially announced Monday. …
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Fast-food chain Burger King has partnered with Robinhood to give away free cryptocurrency to its customers — offering a compelling sign that appetites for digital assets are growing. From Nov. 1 through Nov. 21, Burger King customers in the United States who spend $5 or more will be given free crypto, primarily in the form …
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Many have said that Ethereum is the future of the cryptocurrency market. But, why? Can it really overcome Bitcoin’s supremacy? Why would anyone think that the second-largest cryptocurrency could overtake the leadership in the market? There actually are quite a few reasons for that. Over the past few years, Ethereum’s adoption and popularity have grown …
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Altcoins are not the future, they are the present. Despite its high volatility, the total crypto market cap is now around $1.92 trillion. With a capability of rising upto 1,581,942% in a year, altcoins have the power to literally turn rags into riches. While there have been several examples of people who have created a …
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We bring you the top headlines impacting the blockchain and crypto space on 01/11/21 so you can stay informed and updated on the latest information. Amazon Web Services Aim To Drive The Settlement And Custody Of Crypto To Cloud One of the most premium cloud providers in the world, Amazon Web Services, is looking for …
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Closely followed analyst and trader Benjamin Cowen is predicting a realistic timeframe for when Cardano (ADA) can hit new all-time highs. In a new strategy session, Cowen notes that Cardano has already pulled off nearly an 11,000% gain since the low of March 2020, and may need time to cool off before making any more …
Huobi Group, the company operating one of the world’s largest cryptocurrency exchanges, is launching its own nonfungible token (NFT) marketplace, following in the steps of other major crypto exchanges. Huobi has rolled out a trial for Huobi NFT, an NFT marketplace allowing users to buy and trade NFT artwork and collectibles in numerous sectors, such …
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Following a mind-blowing price surge, the Squid Game (SQUID) token plummeted over 99% shortly after Twitter flagged its “official” accounts on the social media platform as suspicious. According to data on CoinMarketCap (CMC), the SQUID token experienced its first downward move on Monday, erasing its entire gains from as much as $2,861 and dropping below …
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