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Electric car maker Tesla will stop accepting Bitcoin as a payment, CEO Elon Musk tweeted on Wednesday, citing environmental concerns.
Additionally, EverGrow intends to launch Staking Pools or RBLOs (Reflection-Backed Liquidity Offerings). By using an innovative set of smart contracts for Staking Pools, EverGrow will be transferring liquidity to their Partnered Tokens by buying them on specific contract interactions. The purchased tokens are then distributed amongst participants of the Pool. This concept gives EGC token a sustainable utility in which staking X token to earn Y token makes economic and mathematical sense.
If the price turns down from the resistance line of the channel, the pair could drop to the support line. This is an important level to keep an eye on because a break below it will suggest a possible change in the short-term trend.
SafeMoon is still a relatively new cryptocurrency compared to others, having only launched in March 2021.
BTC to BITO: the original cryptocurrency, and the promise and limitations of Bitcoin ETFs
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That was something similar that happened with Squid Game - but that does not necessarily mean DogeZilla is scam.
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The first cryptocurrency was bitcoin. The bitcoin domain was registered in 2008, but the first transaction took place in 2009. It was developed by someone called ‘Satoshi Nakamoto’. However, there is speculation that Nakamoto is a pseudonym as the bitcoin creator is notoriously secretive, and no one knows whether ‘he’ is a person or a group.
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That’s the same crowd that has pumped up the prices this year for other crypto like Shiba Inu and Dogecoin.
Ethereum price enters into price discovery mode as it continues to press on towards new all-time highs. Little exists in the form of resistance for Ethereum. Ethereum price has few, if any, resistance levels ahead. The only level nearby that might cause some selling pressure and profit-taking is the psychological number of $5,000.
The electric carmaker said in May that it would no longer accept the cryptocurrency for purchases. It's been a wild ride for bitcoin the last three years.
The crypto prices today are trading in the red as Bitcoin, as well as the altcoins, have retreated after a strong week of rallies to new all-time highs.