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Today's Technology-Data Science
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How does Cryptocurrency gain value?
- Manner in which the cryptocurrency is stored, as well as its utility, security, ease of acquisition and cross-border acceptability
- Strength of the community backing the cryptocurrency (this includes funding, innovation and the loyalty of its members)
- Low associated risks of the cryptocurrency as perceived by investors and users
- News sentiment
- Market liquidity and volatility of the cryptocurrency
- Country regulations (this includes the ban of cryptocurrency and ICOs in China and its acceptance as legal tender in Japan)