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Exchange data from Bybt shows that roughly $46 million worth of long ETH positions were liquidated across the board due to the sudden pullback. Since the flash crash, ETH has also failed to hold above $4,000.

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Bitcoin plunged to as low as $8,200 on Binances U.S. exchange from around $65,000. .

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Bitcoin price falls below $60,000 - why is crypto down today? Cryptocurrency prices of Shiba Inu, Bitcoin, ETH (Image credit: Getty Images)
NEW BUSINESS: Binance.US, the American arm of the world’s largest cryptocurrency exchange, hired its first lobbying firms last month, newly filed disclosures show, as policymakers in Washington face calls to rein in the rapidly growing and mostly unregulated industry. Hogan Lovells’ Ivan Zapien, a Democratic lobbyist who previously was chief of staff to now-Senate Foreign Relations Chair Bob Menendez (D-N.J.), and former House GOP aides Aaron Cutler and Chase Kroll will lobby for the exchange.

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Because most cryptocurrencies aren’t regulated by national governments, they’re considered alternative currencies — mediums of financial exchange that exist outside the bounds of state monetary policy.
Margin is a key part of leveraged trading. It is the term used to describe the initial deposit you put up to open and maintain a leveraged position. When you are trading cryptocurrencies on margin, remember that your margin requirement will change depending on your broker, and how large your trade size is.

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In the meantime, Nigerian President Muhammadu Buhari will launch a digital currency on Monday aimed at improving the payments system in the West African nation, according to the central bank.

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The bitcoin mining firm was founded in 2011 and is among the oldest players in its field. Last month, Bitfury announced intentions for an initial public offering (IPO) in either London or Amsterdam. Valued at around $1 billion, it has prominent backers such as Mike Novogratz’s Galaxy Digital.

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    Worth noting: Once upon a time, cryptocurrency mining was a potentially lucrative side business for those with the resources to invest in power- and hardware-intensive mining operations.
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    Importantly, cryptocurrencies can be exchanged for fiat currencies in special online markets, meaning each has a variable exchange rate with major world currencies, such as the U.S. dollar, British pound, European euro, and Japanese yen.

    The Bitrise coin has been breaking all the predictions and records that have been set by previous coins. It has also been proving naysayers wrong time and again.
    You can also buy crypto directly in the wallet app using fiat currency. Just follow these simple steps for how to buy Safemoon: Create Wallet – this step is simple in both MetaMask and TrustWallet. Make sure you get a wallet address for the Binance Smart Chain. This address is very important.Add funds to your wallet – you can do this in one of two ways. Either buy Binance tokens (BNB) in-wallet, then swap them for Safemoon on a DEX such as PancakeSwap or buy Safemoon directly on a centralized exchange, then transfer it to your wallet.

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    Gold has historically always held value. The precious metal isn’t just used as a component of decorative jewellery: it has often been used as a currency and as an investment. Gold-backed cryptocurrencies essentially bring gold to the blockchain.

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    Converts the EC Diffie-Hellman public key specified by key and curve to the format specified by format. The format argument specifies point encoding and can be 'compressed', 'uncompressed' or 'hybrid'. The supplied key is interpreted using the specified inputEncoding, and the returned key is encoded using the specified outputEncoding.

  • Why Did Bitcoin Drop Yesterday

    Vitalik attracted 2.5 million followers on Twitter, with many wondering whether Vitalik Buterin has an Instagram account. So does he have it? If so, what is Vitalik's Instagram account?

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    As with finance, traders always make mistakes when, for example, they enter the wrong price or order amount for the desired trade. For example, unreasonably large trades can overwhelm the exchange’s order book, which can lead to a rapid and significant drop.

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Logan Paul has described his new project, Cryptozoo, as an autonomous ecosystem where zoo owners can breed, collect, and trade exotic hybrid animals as NFTs (non-fungible tokens).

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U.S.-based users could continue to use the service by browsing the site with a VPN. Binance allows its users to sign up for a limited account without KYC — i.e. providing verification documents like a passport copy — which allows trading but limits withdrawals to two Bitcoin per day. That won’t satisfy more professional traders — most of whom you’d imagine would already have an account on Binance by now — but it does leave a loophole for others.

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