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NEW DELHI: Major cryptocurrencies continued to see buying on Wednesday, building on to the gains in the previous session.
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Data from coinmarketcap.com shows that the global crypto market cap is up 1.6 percent to $2.6 trillion over the previous day.
PancakeSwap is Binance's Decentralized Exchange (DEX) and the largest Automated Market Maker (AMM) around.
Cryptocurrencies are inherently cryptic — it’s right there in the name. And if you follow Warren Buffett’s advice to never invest in businesses you can’t understand, it may be hard to justify investing in a currency made of math instead of gold.
ProShares and digital asset manager VanEck had filed applications with the SEC to launch ETFs on ethereum earlier this year, but they subsequently pulled their plans. Both ProShares and VanEck declined to comment on their reasoning. Valkyrie’s McClurg said that due to thin trading activity in ethereum futures markets, expecting regulatory approval before the end of next year was a “long shot”.
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Bitcoin, Ether Record Marginal Hikes; Going Remains Tough for Dogecoin and Its Copycats
The growth of SafeMoon, coupled with its online slogan, has drawn comparisons to the surge in popularity of another cryptocurrency Dogecoin. (Pic: Shutterstock)
In fairness, this is not due to any failing from Binance.US specifically, but rather, is due to the regulatory hurdles it must contend with. That being said, Binance.US currently has 53 cryptocurrencies (including stablecoins) available for trading.
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Investors that may have once dismissed it, ought now to consider taking part in it
FIRST IN PI — VIATRIS’ JASO JUMPS TO BROWNSTEIN: Joe Jaso is joining Brownstein Hyatt Farber Schreck’s government relations team as a policy director working on state and federal issues. He joins the firm from Viatris, the company formed through the merger of Pfizer’s Upjohn and Mylan, where he was head of U.S. state government affairs. He was Mylan’s head of state government affairs prior to the merger. He was also vice president of federal affairs at McGuireWoods Consulting and a vice president at Dutko Worldwide.
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Accounts that hold vast amounts of a cryptocurrency may begin to sell, causing prices to plummet. These accounts are known as whales because they have a significant position and can influence the market if a group of people agrees to sell crypto assets.
Its crypto investors can buy or sell with a market order, which means it’s executed at the current market price.
When passing strings for key or iv, please consider caveats when using strings as inputs to cryptographic APIs.