Asset manager’s planned launch will significantly undercut ProShares’ BITO and Valkyrie’s BTF
If you outright buy Bitcoin with USD, you will pay a 0.5% fee on Binance.US. If you want to spend $100 to buy Bitcoin using this option, you’d end up trading about $99.50 after fees.
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The difference is that stellar wants to target the unbanked, whereas Ripple works mostly with global banks to transfer money among clients at very low cost. Ripple holds all the cards in this corner of the crypto market.
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The launch of the ProShares fund, which was followed by a similar futures backed product by Valkyrie Funds, has fuelled expectations that the SEC will make a positive decision on the more than 20 applications under review.
There is a lot of volatility in the cryptocurrency space due to the industry’s newness. Investors are seeking to experiment with their money to generate riches quickly and figure out how cryptocurrency prices vary and whether they can affect them.
“Expect very high volatility in crypto over the next few months,” he tweeted on Oct. 21.
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Polkadot (DOT) has surged by over 13% and set a new all time high of $53.25 last night. The asset how has a market capitalization of $50bn and is ranked at the 8th spot. Over the past 2 days, the asset has seen good inflows and volumes have almost doubled. Open interest on DOT futures market is up by 18.51% and on the perpetuals market up by 14.70%. DOT now faces a stiff psychological resistance at $60, and if it crosses this mark, another rally can be DOT was trading in a ‘Rising Channel’ pattern and rallied almost by 80% in the last month. Post facing stiff resistance around $45, the asset started consolidating between $45 to $40. However, DOT finally gave a breakout above the channel and made the new all-time high of $53.35. The prices are trading well above the 20-day moving averages and relative strength index (RSI) is at 70, which indicates strength in the trend. If DOT sustains above $50, then we can expect the asset to rally up to the next resistance which is at $60.
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Bitcoin prices have surged 50% this month, from just under $44,000 at the end of September. Bitcoin is currently trading at almost $60,000.
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Layer-2 Cardano “a necessity” as Hoskinson predicts a huge spike in network traffic Samuel Wan · 4 days ago · 2 min read
Like with traditional markets, there are no guarantees when it comes to future price predictions for the cryptocurrency market.
In Q3 of 2021, Safemoon Cash will introduce the Safemoon Cash Governance token (SMCG) and the Safemoon Cash Governance interface. SMCG holders can help shape the future of Safemoon Cash by influencing decisions concerning the project, such as proposing or deciding on newly featured proposals (i.e. MOONMAP, hiring and staffing, charities, and changes to governance parameters). Safemoon Cash is 100% community driven and with SMCG, therefore the community is in charge. Additionally, it will deploy the Yield farming protocol: Farm SMCG using Safemoon Cash in the Safemoon Cash Bank. This will lock up Safemoon Cash, thus decreasing selling pressure and increasing liquidity.
Home / Markets / Cryptocurrency / Bitcoin, ether, Shiba Inu fall while Solana, Cardano surge. Check cryptocurrency prices today Bitcoin, ether, Shiba Inu fall while Solana, Cardano surge. Check cryptocurrency prices today Premium cryptocurrencies Bitcoin, ether representations (HT_PRINT) 1 min read . Updated: 04 Nov 2021, 09:12 AM IST Livemint