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Cryptocurrency price LIVE – Bitcoin, Shiba Inu, Ether, and alt-coins like Solana drop & prices falling worries investors

Cryptocurrency price LIVE – Bitcoin, Shiba Inu, Ether, and alt-coins like Solana drop & prices falling worries investors
Written by publishing team

Bitcoin has fallen for four consecutive weeks, dropping as much as 8.4% on Monday.

According to Bloomberg, the coin is below its average price, which is $46,720.

As of Monday, the price of bitcoin is $45,773.

Other major coins, including Shiba Inu, Ether, and altcoins, also fell.

Meanwhile in the US, during a House Committee on Financial Services hearing focused on cryptocurrency, Democratic Representative Brad Sherman of California said that “the number one threat to cryptocurrency is cryptocurrency.”

“Bitcoin can be exchanged for Ether, which can be exchanged for Doge, which can be exchanged for Hamster Coin,” he continued, before adding, “Then there is Cobra Coin. What can Mongoose Coin do?” [Cobra Coin]? “

Since then, several mongoose coins have been launched, according to Decrypt.

Cryptocurrencies are highly volatile, which means that their values ​​often fluctuate without warning.

Read our Crypto Live Blog for the latest news and updates…

  • What is Ethereum?

    Ethereum is a cryptocurrency that was released in 2015. It is the second largest currency after Bitcoin.

    In fact, some experts believe it has the potential to one day overtake Bitcoin as the dominant currency in the market.

    It was founded by eight people, one of whom is 27-year-old “famous” for cryptocurrency Vitalik Buterin.

    He recently became the world’s youngest crypto billionaire as the value of Ethereum skyrocketed.

    Ethereum is also a ledger technology — a “blockchain,” like Bitcoin — that companies use to build new software.

  • Main Meme Coins, Part Two

    Another dog meme that has gained popularity this year is the Saitama inu, whose logo appears to feature a wolf surrounding a human face.

    “Tokens like Shiba Inu, Dogecoin and the latest gainer Saitama are all part of the evolution of digital finance in their own unique way,” Chris Klein, chief operating officer and co-founder of Bitcoin IRA, recently told The Sun.

    Separately, Tiger King is a meme coin that gained strong momentum from last month, which is based on the popular Netflix series.

  • Meme’s main coins

    This year’s meme rally started with Dogecoin.

    This was then followed by the Shiba Inu, both incorporating the same dog breed in their logos.

    The image has become an online meme called Dougie, featuring the dog surrounded by comically scripted text sans words like “Wow so much.”

    Shiba and Dogecoin have both been popular dog memes this year.

  • What are meme coins?

    You usually earn meme coin from social media or online joke.

    It all started with GameStop and AMC earlier this year, when the Reddit group acquired short sellers by raising the prices of those shares.

    Then the memes spread to cryptocurrencies – and there are now quite a few major memes today.

  • Why is Bitcoin harmful to the environment?

    The problem is the amount of energy used to mine a single bitcoin.

    Computers are needed to perform complex mathematical calculations to put new bitcoins into online trading.

    This process is also known as mining.

    A lot of energy is needed to mine Bitcoin and some experts are concerned that huge amounts of fossil fuels are used to generate this energy.

  • The Risks of Robinhood, Part Two

    To invest in individual stocks, be sure to review company reports, Securities and Exchange Commission (SEC) filings, broker notes, and press releases so you can make the best decisions for your money.

    Another risk when choosing Robinhood along with other brokers is that they can restrict trading when there is unusual activity.

    In fact, Robinhood faced some anger earlier this year when it restricted trading on meme stocks including GameStop and AMC.

  • Robinhood Dangers

    When it comes to risk, investing alone is one because you are not guaranteed to make a profit and your assets may go down in value.

    If you choose Robinhood to be able to trade stocks and cryptocurrencies – the game becomes more and more risky.

    Not only are cryptocurrencies difficult to understand, but it is also difficult to predict when downtrends will occur in the market.

    For example, cryptocurrency was booming this year until Elon Musk said that Tesla was stopping accepting payments in Bitcoin.

  • Microstrategy Spends $414 Million On Bitcoin

    The business intelligence firm led by Michael Saylor revealed in a November 29 filing with the Securities and Exchange Commission that it purchased 7,002 bitcoins between October 1 and November 29.

    MicroStrategy has reportedly spent $414 million on coins.

    The company now has a reported stock of 121,044 bitcoins.

  • What is Hbar encryption?

    Hashgraph is similar to the blockchain and was created in 2017 by American computer scientist Leemon Baird.

    The Hedera Hashgraph system is a distributed ledger based on Hashgraph and created by Baird along with Mance Harmon.

    HBAR is the cryptocurrency for Hedera Hashgraph.

    The company itself explains: “HBAR is the original energy-saving digital currency for the Hedera Public Network.”

  • What is Ethereum?

    Ethereum is a cryptocurrency that was released in 2015. It is the second largest currency after Bitcoin.

    In fact, some experts believe it has the potential to one day overtake Bitcoin as the dominant currency in the market.

    It was founded by eight people, one of whom is 27-year-old “famous” for cryptocurrency Vitalik Buterin.

    He recently became the world’s youngest crypto billionaire as the value of Ethereum skyrocketed.

    Ethereum is also a ledger technology — a “blockchain,” like Bitcoin — that companies use to build new software.

  • No guaranteed returns

    There are no guarantees when it comes to cryptocurrencies, so when someone mentions “guaranteed returns,” they are often scammers.

    There is no way to get rid of the element of danger from cryptocurrencies, although scammers may try to convince you otherwise.

    Check out these other ways to spot fraudsters in the crypto space.

  • Who is behind Algorand?

    The Singapore-based Algorand Foundation is behind the project.

    Algorand claims to speed up transactions and improve efficiency when compared to Bitcoin and other blockchains.

  • What is Algorand?

    Algorand is a cryptocurrency for the Algorand blockchain, a decentralized public network on which smart contracts can be built.

    It was created in 2019 by Silvio Micali, a professor at the prestigious Massachusetts Institute of Technology (MIT).

    The computer scientist also won the Turing Prize for his work in cryptography.

  • What are Altcoins, continue

    “They are building on Bitcoin’s success by slightly changing the rules, the economy, or the use cases to attract different users,” said Simon Peters, crypto-asset analyst at eToro.

    Altcoins vary greatly in their use cases and practicality. They usually have some form of technology that they support or provide a liquidity solution for a product or service.”

  • What are alternative currencies?

    Altcoin stands for Altcoin, a type of virtual currency that uses what is called a blockchain to allow secure transactions.

    Altcoin is a class of cryptocurrency and not a currency in itself, and there are more than 900 different altcoins available.

  • Crypto.com currency price prediction

    Crypto.com Coin hit a record high on November 15, hitting $0.52 at its peak, according to CoinMarketCap.

    By comparison, it was just $0.05966 on Jan 1 of this year.

    The value of the Crypto.com token has increased thanks to a number of factors.

    For example, she secured several high-profile sponsorship deals in 2021 including UFC, Formula One Racing and Matt Damon Water.org.

    Starting in December, the Staples Center – the home of the Lakers and Clippers – will also be called the Crypto.com Arena.

    It remains to be seen if Crypto.Com continues to rise in value, but many crypto-lovers are still making predictions.

    For example, Wallet Investor expects the token to reach $0.538 in one year and $0.8023 in five years.

    Meanwhile, Digital Coin Price has set a forecast for 2021 at $0.7036, a 2023 value at $0.9636, and forecast a 2028 price at $2.09.

  • Who founded crypto.com?

    Chris Marslick has been the CEO of Crypto.com since June 2016 and is headquartered in Hong Kong.

    Bobby Bow is the co-founder and general manager of Crypto.com, formerly known as Monaco.

    Gary Orr is another co-founder and chief technology officer of Foris — a global financial app, according to topionetwork.com.

    Another co-founder is Rafael Melo, who, according to Tobio Network, has 15 years of experience in finance.

  • Crypto.com currency, continue

    Crypto.com itself is one of the fastest growing cryptocurrency companies in the world.

    Keegan Francis, crypto editor and Finder expert, told The Sun that the coin has many uses, but the most notable one is that it can be used to share cryptocurrency on a mobile app in order to get a Crypto.com Visa debit card.

    He added, “Having higher amounts of CRO across platforms rewards users with more features and rewards.

    “Investors need to keep in mind that the token itself is directly linked to the success of the Crypto.com ecosystem.

    However, Crypto.com has taken an initiative to decentralize CRO by building it into their own decentralized blockchain called Crypto.org.

    “This is a good step for them to take in order to ensure that their distinguished work continues.

    “It creates less dependence on the company itself, and it begins to build an independent community of developers and market participants.”

  • What is crypto.com currency?

    Crypto.com coin is the original token of the Crypto.com and Crypto.Org ecosystems.

    Also known as CRO, it was launched at the end of 2018.

    The Crypto.com chain was set up to build a network of crypto projects and develop the ability of merchants to accept crypto as a payment method, according to its website.

    Businesses can use Crypto.com payment and/or invoice to allow customers to pay for goods and services using crypto using the wallet app.

    The companies then receive their payments in CRO, stablecoin or fiat currency, which are government-issued funds such as dollars or pounds.

  • Apple plans cryptocurrency

    Cook continued by saying that while Apple has been looking into crypto technology, it “is not something we have immediate plans to do.”

    An Apple Pay executive said in 2019 that the company saw “long-term potential” in cryptocurrency.

    But it looks like crypto enthusiasts shouldn’t get excited, because even if Apple introduces cryptocurrency products or services in the future, it doesn’t look like that’s going to happen any time soon.

  • Apple CEO Tim Cook Owns Cryptocurrency

    Apple CEO Tim Cook recently revealed that he owns cryptocurrency.

    At the DealBook conference in the New York Times, Cook was asked if he owns Bitcoin or Ethereum and said, “I own. I think it makes sense to own it as part of a diversified portfolio,” according to CNBC.

    “I’m not giving investment advice to anyone by the way,” he noted.

  • US to stop “unlawful use”

    A recent statement from President Joe Biden read: “Cyber ​​threats can affect every American, every company, regardless of size, and every community.”

    “This is why my administration has mobilized a nationwide effort to tackle cyberthreats.”

    The White House has indicated that the United States will bring together 30 other countries to discuss responses to cybercrime.

    “This month, the United States will bring together 30 countries to accelerate our cooperation in combating cybercrime, improving law enforcement cooperation, stopping the illicit use of cryptocurrencies, and engaging in these issues diplomatically,” the previous statement read.

  • Most Valuable Cryptocurrencies

    Cryptocurrency prices hit record levels earlier this year amid interest from high-profile individuals such as Elon Musk and more institutional investment in the sector.

    The most valuable currencies are Bitcoin and Ethereum but there are plenty of alternatives or altcoins that aim to take advantage of the interest on cryptocurrencies.

    Although values ​​can be volatile, regulators have warned that investors could lose all of their money.

  • The Risks of Investing in Cryptocurrencies, Part Five

    Finally, the truth in Marketing materials It is risky to invest in cryptocurrency.

    Firms may overestimate product returns or underestimate the risks involved.

  • The Risks of Investing in Cryptocurrencies, Part Four

    Other investment risks are Fees and fees.

    Consumers should consider the impact of fees and costs on their investment, which may be more than those of regulated investment products.

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