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Altcoin crash explained

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All of which says nothing about bitcoin’s cultural dominance. Chi thinks and most of the crypto community would probably tend to agree that blockchain is one of the main factors that would keep Bitcoin alive and running. It is a market with as-yet no proven value and hundreds of billions of dollars in worth. Despite some early theorizing, bitcoin was the first project to publicly use blockchain coding and the first example of a cryptocurrency as we currently think of them.

Best altcoins on binance

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However, given the fact that regulation should only increase further, there are still many risks associated with trading on platforms outside of the US, or trading altcoins that could potentially be deemed as securities in the future. I wish u have added FUEL too. Currently, when sending cross border fiat transactions money goes through multiple intermediaries.