Ever since last week’s record of $69,000, the BTC landscape seemed gloomy. The cryptocurrency failed to continue upwards and lost roughly $7,000 in the following few days. This culminated in a drop to a weekly low of just over $62,000 during the weekend.
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In 2017, altcoins became a thing when thousands of Bitcoin competitors flooded the market. Today, many altcoins have evolved beyond expectations and are stand-alone products with unique real-world applications. Furthermore, they provide an opportunity for investors to diversify their portfolios.
A Fetch.ai spokesperson explains: “Fetch.ai’s account on Binance was hacked and a sum of $2.6 Million was wrongfully traded by an unidentified hacker. In order to freeze the wrongfully traded assets and initiate investigation against the hack, Fetch.ai submitted a formal court order requesting Binance to assist in this matter. Fetch.ai is working closely with Binance and local law enforcement to identify the hacker and recover the wrongfully traded funds. In compliance with legal proceedings and due to the sensitive nature of the matter, Fetch.ai will keep the community posted on the status of the issue once investigation and case is complete.”
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The minimum is just $25 per trade. To complete your penny cryptocurrency investment – hit the ‘Open Trade’ button. The tokens will then be added to your eToro portfolio – where they will remain until you decide to sell.
In July 2017, Binance conducted an ICO in order to raise funds for its cryptocurrency exchange operation. The token issued as part of the ICO was called Binance Coin (BNB) and it was priced at $0.1 per 1 BNB.
People have become so rich so fast because in 2010 Bitcoin was worth pennies and today can go for $60,000 per coin.
But more importantly, some DEXs offer the ability to tokenize and trade already existing assets, such as stocks, and this could be a big issue with regulators. (Uniswap is already feeling the pressure.)
This uni student thought she was being smart with her cash but then she realised she had made a mistake that had lost her thousands.
Smart contract blockchain platform Ethereum, whose ETH token is the world’s second most valuable crypto, dropped 2% to below $3,500. It is 9% down over seven days.
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The Financial Conduct Authority (FCA) has ruled that the firm cannot conduct any "regulated activity" in the UK.
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However, despite this, meme coins report tremendous growth trends in their prices as they are brought into the spotlight by big shots of leading industries or companies.
“You can make anything between 100 and 1,000 per cent, but it’s probably not for beginner investors,” he says, adding that trading in this area requires a heavy commitment in time and research.
There is money to be made in popular video game platforms with in-game items being bought and sold. For example, games like Team Fortress 2 and Dota 2 of the Steam marketplace are very popular and can be sold easily.