Still green is good, and Bitcoin finishes the week up 9% at A$32,070 (US$21.7K), while Ethereum has shot up 40% to A$2,200 (US$1,500). The Crypto Fear and Greed Index is at 20 – that’s still Extreme Fear but a lot higher than one month ago when it was 6. Monitoring the market cap of a given coin is a good way to see the long-term popularity and future potential of that currency. If a coin has a considerable market cap with a stable past, then there is a high chance this coin is a good investment at the moment. This doesn’t mean that the particular coin will always be a good opportunity to invest in. Different events on the crypto market and surges in price of popular currencies can cause other assets to fluctuate in price as well, creating volatile periods when a http://rowangppj053.yousher.com/reporting-cryptocurrency-transactions-at-tax-time once relatively stable coin starts to lose in value.
It's basically like printing money out of thin air, through a complex mix of "smart contracts" — to make sure the value of each UST token stays as close as possible to $US1. However, Terra is an “algorithmic” stablecoin — whose value is backed by a "sister" token called Luna, which is run on pre-programmed "smart contracts". Products marked as 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature.
- Coinbase shares fell 16% in regular and
