BitTorrent currency (BTT) is a cryptographic token that was created as an extension of the BitTorrent protocol. The BTT coin's cryptocurrency platform is being developed in order to expand the protocol's capabilities. The BitTorrent team, for example, is working to make the infrastructure ideal for third-party dapp developers, value exchange, and secure and fast decentralized data storage.
Traders have flocked to the new currency and it has seen a 910 per cent increase in price since April 16 to April 20.
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BEIJING (AP) — China’s biggest banks promised Monday to refuse to help customers trade Bitcoin and other cryptocurrencies after the central bank said executives were told to step up enforcement of a government ban.
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SafeMoon price has retraced more than 46% from the new all-time highs established on October 29th. SafeMoon remains 40% below its all-time highs. A strong confluence zone of support may limit and further selling pressure. SafeMoon price is at an inflection point. A massive gap between the top of the Cloud (Senkou Span B) and the Kijun-Sen indicates that any move below the Kijun-Sen could trigger intense selling pressure to test Senkou Span B as support. However, support does exist between those two Ichimoku levels.
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According to Dex.guru, the price of SafeMoon rose from $0.00000029 to $0.0000074, more than 2,200%, in merely three weeks.
Luke Martin, a well-known cryptocurrency trader, described the price trend of SafeMoon as "unSAFEMOON" after it dropped 65% in a short period on April 22.
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Among the key areas that attracted Safemoon whales are the innovative tokenomics and the project products. First, Bitrise is a hyper-deflationary payment network token. Therefore, tokens in circulation will be diminishing with time, which will drive the price of tokens up as demand grows.
GURA: And Gensler is asking lawmakers for their support and for more resources. That makes Senator Lummis nervous. She's worried more rules will make the U.S. less competitive. And the crypto industry is also fighting back. So far this year, it spent more than $2.5 million lobbying lawmakers. Republican Congressman Warren Davidson believes Congress needs to make a decision about what to do with cryptocurrency and soon.
Shiba Inu coin's price had dropped more than 20 percent as of 10am ET on Thursday, according to CoinBase. However, it is now up more than 28 percent as of 5:00pm ET on Friday.
Bitcoin is hovering around $62,000 Thursday — up from a brief drop below $60,000 last week but still short of the new all-time high it recently saw.
Squid is what is known as a "play-to-earn" cryptocurrency, where people buy tokens to play in online games where they can earn more tokens. These can then be exchanged for other cryptocurrencies or fiat money.