HIFI price falls 40% after Binance opens Hifi Finance perpetual contract, Korean traders...

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Hifi Finance (HIFI) price slumped after a remarkable seven-day rally, which was much-awaited by token holders after a long-standing consolidation. The

Young Ju attributed it to the region's"Very strict capital controls, blocking arbitrage opportunities between global exchanges."Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money. This form of payment cannot be controlled by any one person, group, or entity, which eliminates the need for third-party participation during financial transactions.

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