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30% Of Millennials Invest In Cryptocurrency: Here Are 3 Tips To Help You Do It Smarter The higher percentage should be allocated to the least volatile coins, with a smaller percent given to the least stable, yet potentially higher returning currency. "You should keep in mind the price correlation between Bitcoin and most Altcoins to account for volatile market conditions," Tam said. "What we ...
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A cryptocurrency created as a joke about a dog meme now has a market cap above $2 billion "I have a lot of faith in the Dogecoin Core development team to keep the software stable and secure, but I think it says a lot about the state of the cryptocurrency space in general that a currency with a dog on it which hasn't released a software update in over 2 years has a $1B+ market cap," Palmer told ...
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Iranian Banker: "Digital Currencies… are Currently Shaping the Future of Banking". A prominent Iranian banker has come out in support of digital currencies. Masoud Khatouni, a senior member at Iran's largest bank, has called for Bitcoin and other cryptos to be recognised and accepted into the nation's banking system. According to Bank Meli Iran's deputy for information technology ...
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China's success at propping up yuan lifts forex reserves as well In 2015 and 2016, Chinese authorities resorted to dollar-selling, yuan-buying interventions to prop up the domestic currency, which was reeling from capital flight. But with the currency stabilizing, such interventions dropped to 400 billion yuan ($61.6 billion) from 2.9 trillion yuan in 2016. The People's ...
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