BITCOIN bounced back in the early hours of Thursday morning, as Shiba Inu again saw gains in the crypto market.
On Wednesday, Bitcoin fell from a 24 hour high of $63,064 to $58,500 Wednesday morning. But early on Thursday, it was back above $61,000, according to CoinBase.
Also on Wednesday, Shiba Inu saw a nearly 40 percent price surge on Wednesday morning. The coin continued the strong run into Thursday morning, as it kept going up.
According to CoinBase, Shiba Inu has now increased in value by more than 1,000 percent in the last month.
It comes as some online traders reported issues with Crypto.com.
Some claimed they were getting a 403 error code when trying to use the crypto wallet app.
Read our cryptocurrency live blog for the latest news and updates…
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RISKS OF INVESTING IN CRYPTOS, PART TWO
Another risk of investing is price volatility.
Significant price volatility in cryptoassets, combined with the inherent difficulties of valuing cryptoassets reliably, places consumers at a high risk of losses.
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RISKS OF INVESTING IN CRYPTOS
We rounded up five risks of investing in cryptocurrencies.
The first is Consumer protection.
Some investments advertising high returns based on cryptoassets may not be subject to regulation beyond anti-money laundering requirements.
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CRYPTO AUDIO STREAMING, CONTINUED
According to Audius, over 5.3million people have used the platform this month.
Audio has been listed on CoinMarketCap since October 2020, and has rocketed in value following a deal with Chinese-owned social media giant TikTok.
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CRYPTO AUDIO STREAMING
Audius is a crypto-powered music streaming platform.
It’s owned and controlled by token holders – and tokens are called Audio.
