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“The news that China has moved even more aggressively to limit the electricity supply and overall operations of bitcoin miners feels… not great, for sure. It’s interesting to see prices holding up relatively well actually,” said d’Anethan, of Equonex. “On a longer-term basis, BTC is still mostly range-bound, between 32K and 42K. Nothing to fret about. If anything, onchain data hints at less exchange inflows, a large stablecoin supply, miners holding on (not selling), and more coins being held long-term in wallets.”

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However, another explanation is that SHIB holders could be likely in wait-and-see mode to check if the meme coin could extend gains further as the end of the year looms, although its trading volume had dropped significantly across all exchanges implying that not many people are acquiring new SHIBs. .

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Note: Here’s a step-by-step guide on how to buy cryptocurrency (in our case Binance Coin (BNB) on Trust wallet.
Atomic Wallet is a mobile and desktop multi-currency wallet. Like other options considered so far, Atomic Wallet is fully non-custodial and lets you store the seed phrase for coins that you hold on the app or desktop software. Atomic Wallet is easy to set up with user-friendly features. The wallet allows for card purchases using different supported fiat currencies. There is a 1% cashback for using the incorporated exchange service to swap coins. Atomic Wallet is fully anonymous except for buying crypto with fiat on their exchange service. Atomic Wallet provides in-app customer service available round the clock. Users can also stake supported PoS coins Atomic Wallet supports fewer coins and blockchains than Coinomi. The wallet does not integrate with crypto applications such as DeFi protocols and collectibles. Trust Wallet

Is Buying Bitcoin A Good Investment

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Developed as well by a mysterious character known simply as ‘Ryoshi,’ Shiba Inu is looking to create an entire ecosystem where it keys into trending blockchain solutions while still engendering a fun and dynamic community of users.

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The market cap of Shiba Inu has raced past the $5.22 billion mark. The token had hit a high of $0.00001482, but later on gave up some gains.

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    Therefore switching from a hot wallet to a cold wallet is worth considering to ensure optimal security for crypto holdings. It is very important to buy a hardware wallet from a vendor’s official store as scammers sell devices that have been tampered with.

    "People treat the coins like they're sports teams," she said. "If you have a lot of people who [say], 'Yeah we believe in this coin!' they're not going to sell when it drops, and that's cool."
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    Crypto broker Coinbase has announced that Shiba Inu (SHIB), a meme coin, is now available to users for the first time.

    Cryptocurrency prices continued to tumble Friday with Bitcoin leading the charge, with prices for the internet currency dipping below $50,000 for the first time since early March.
    Below are listed some of the most useful and popular features wallets have to offer:

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    “It’s almost irresponsible to lend credence to the speculation by even asking that question,” said David Trainer, chief executive of New Constructs, an independent securities research firm based in Nashville.

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    “Move it if you can’t sleep at night because you think you’re going to lose it,” says Theresa Morrison, a CFP with the Beckett Collective, a financial planning firm in Tucson, Arizona. “That’s an individual thing.”

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    Home Featured Top X 5 Altcoins With High Social Dominance This Weekend: SHIB, ETH, CAKE, DOGE,... FeaturedTop X 5 Altcoins With High Social Dominance This Weekend: SHIB, ETH, CAKE, DOGE, SAFEMOON

    Massive sell-offs and returns have characterized the crypto market for much of this year. SHIB has also been a major player in a highly saturated crypto space and its 21,000% surge in one week separated it from other meme wannabes, placing it as a direct rival to the more established DOGE.
    MARA – A crackdown by China’s regulators has made the United States the new crypto haven for miners. Cryptocurrencies saw record rallies in October. Also, miners have been stockpiling crypto, which could drive their prices up further. Against this backdrop, we think soaring crypto stocks Marathon Digital (MARA), Bakkt Holdings (BKKT), and Bit Digital (BTBT) could be ideal additions to one’s watchlist now.

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“I think the root cause of all this is that people have forgotten the difference, the distinction, between investing and speculating,” he said.

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The Ledger Nano X is currently priced at $119, comes in a matte black finish and has a 128 x 64-pixel screen for cycling through apps. The wallet supports over 1,800 coins and tokens — the largest number on our list — and is able to manage up to 100 of them simultaneously through the apps on the device. Its Bluetooth Low Energy connectivity may be turned off at any point and enables the Nano X to be used with the Ledger Live app on Android or iOS devices to exchange crypto on the go. Ledger’s Secure Element chip, a specialized chip also used for high-end security solutions — such as credit cards and passports — that protects from various types of attacks In addition to buying and selling crypto, the Ledger Live app can be used to lend and stake crypto to generate revenue

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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

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If bears pull the price below the 20-day EMA, the pair could slide to the 50-day SMA ($38.89) and later to the support line of the triangle. A break and close below this support will indicate that bears have overpowered the bulls. The pair may then drop to $33 and next to $22.40.

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