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MoneyNews MoneyPRICE HIKE Cryptocurrency price news – Shiba Inu coin price up after Wealthsimple added crypto portfolios to group retirement plans

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Day 4: How does anonymity on the blockchain really work? Riccardo Spagni, lead maintainer at Monero, will be joining on Thursday to take us through it.
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We’ve seen Bitcoin hit a new all-time high price in April and October, regulatory talks with potential to have big impact on the industry, and more institutional buy-in from major companies. All the while, people’s interest in crypto has skyrocketed this year: it’s a hot topic not only among investors but in popular culture too, thanks to everyone from long-standing investors like Elon Musk to that kid from your high school on Facebook.
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    The internet celeb just dropped $155,000 on two NFT rocks. But did he buy knockoffs or the real deal?

    This happens when the promoter of a digital token draws in buyers, stops trading activity and makes off with the money raised from sales.
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    Functionally, most cryptocurrencies are variations on Bitcoin, the first widely used cryptocurrency.

    Bitcoin was trading 3.7% higher Friday morning. The price was around $61,200 per coin.
    It has a shorter blockchain creation time (one minute) and a vastly greater number of coins in circulation — the creators’ target of 100 billion units mined by July 2015 was met, and there’s a supply limit of 5.2 billion units mined every year thereafter, with no known supply limit.

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    Professor Prasad said buyers need to be aware when buying cryptocurrencies as there is almost no regulatory oversight.

    BEIJING (AP) — China’s central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money.
    Polkadot was designed to reward genuine investors and sorts out those that are only trading to make fast money from crypto. Investors that are well-engaged on this platform also help with decisions such as network fees, removing or establishing parachains, and network upgrades.

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    Safemoon protocol aims to create a self-regenerating automatic liquidity providing protocol that would pay out static rewards to holders and penalize sellers.

    The Biden Administration Wants New Legislation to Regulate Stablecoins. Here’s What That Means for Investors
    Others are sticking to more modest, but still relevantly high price predictions, including ex-JP Morgan chief U.S. equity strategist and current managing partner at Fundstrat, Tom Lee, who predicted a price of $25,000 by the end of 2018 and $125,000 by 2022.

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Nevertheless, a decisive four-hour candlestick close below the $3,922 level could lead to a steeper correction. Ethereum could then dive to look for support around the 100 four-hour moving average at $3,700 or even test the 200 four-hour moving average at $3,400.

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Bitcoin was trading 3.7% higher Friday morning. The price was around $61,200 per coin.

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The smart contract platform claims to be able to execute millions of transactions per second while also eliminating transaction fees. EOS provides secure access and authentication, permissions, data hosting, use control, and dApp-to-Internet connectivity. Although EOS has considerable promise, Ethereum is its major rival and is now more popular.

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