"We're really excited about the future here with so many new technologies coming out in the cryptocurrency space."… https://t.co/mwYDwGHJko @Chris Burniske • Nov 05 @Lisk • Nov 05
Bitcoin price falls below $60,000 - why is crypto down today? Cryptocurrency prices of Shiba Inu, Bitcoin, ETH (Image credit: Getty Images)
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Responding to regulatory pressure, Binance has curbed some services on cryptocurrency bets, highly leveraged positions and trading with tokens linked to shares, and has pledged to beef up its compliance staffing.
Israeli Defense Minister Benny Gantz ordered security forces to seize the accounts after a joint operation “uncovered a web of electronic wallets” used by Hamas to raise funds using bitcoin and other cryptocurrencies, the ministry said.
SafeMoon’s Facebook page states: “Remember, getting to the moon takes time and the longer you hold the more tokens you pick up.”
— Patrick Uzcategui is now an government relations associate at Sylvamo, a new spinoff company from International Paper Company. He was previously government affairs coordinator at Tyson Foods.
Ethereum fell 1% to $4,537 and Dogecoin was trading 2.32% lower at $0.2617. Digital token Stellar lost 3.41% to $0.3722 and XRP declined 2.51% to $1.20.
Additionally, cryptocurrencies are frequently used to facilitate gray and black market transactions, so many countries view them with distrust or outright animosity.
“One of our institutional traders indicated to us that they had a bug in their trading algorithm, which appears to have caused the sell-off,” Binance.US said in the statement. “We are continuing to look into the event, but understand from the trader that they have now fixed their bug and that the issue appears to have been resolved.”
Despite those benefits, Binance.US is much less transparent than many competitor exchanges when it comes to security, storage options, and customer assistance. For most long-term, retirement-minded investors, we’d recommend sticking with exchanges such as Coinbase or Gemini, which are much more transparent about these key operations.
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GURA: Lummis' approach to regulation puts her at odds with another outspoken member of the Senate Banking Committee. That's Democrat Elizabeth Warren, who wants tougher rules. Cryptocurrency has become a popular investment, but it's also gotten a bad name because of how it's being used for money laundering and in ransomware attacks. Warren told Bloomberg TV, cryptocurrency is like the Wild West.
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Bitfury has appointed former Binance US boss Brian Brooks as CEO. Former financial regulators are in control of one of the world’s largest crypto mining outfits when the industry is booming.
Cryptocurrency Profits Encouraging Employees in US to Quit Low-Paying Jobs: Survey
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