Safemoon protocol aims to create a self-regenerating automatic liquidity providing protocol that would pay out static rewards to holders and penalize sellers.
What Happened: According to Binance U.S. market data, the Bitcoin to the U.S. dollar trading pair on Binance U.S. flash crashed within a minute from $65,815 to $8,200. This translates to a drop of 87% for the world's top cryptocurrency on the exchange according to cited market data.
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Binance, the original platform, despite its many outages in recent months, stands out from its U.S. counterpart. The range of cryptocurrencies, features, and ease of use far out does Binance.US. Many hope that the number of faults and outages will reduce going forward.
But whatever new products are produced, they will now have a harder time struggling with acceptance. Whether we like it or not, message and image are important.
View: A digital rupee and cryptocurrencies can (and should) co-existAnirudh Rastogi & Amol Kulkarni
Going forward, it's impossible to know for sure how the value will change and whether it could rise further.
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Without a clear track record to assess long-term value, cryptocurrency rises and falls on an unpredictable demand cycle. And for individual investors, the challenge is “you really don’t know where supply and demand can end up,” Aliaga-Díaz says.
This past autumn, the bitcoin cash community–which was created due to a technical disagreement with the larger bitcoin sector–started a civil war. Essentially, bitcoin cash developers had diverging views on the software update for the system, and so they decided to implement another hard fork. This created two new bitcoin cash sects. Internally, the fork caused a lot of strife; one of the most popular bitcoin alternatives was unable to reach a consensus, and instead had to create two different paths that would essentially go to war with each other.
Considering cryptos' growing popularity among millennials and the sector's employment potential, can India realistically ... TMS, Ep 40: Back to office, crypto ban, Nykaa, IPO, and circuit filters
While no official announcement by either of the companies in question has been made in regards to a partnership, social media is full of users waiting for the statement.
Meanwhile, Ethereum also hit a record — rising to $4,837.59, according to CoinMarketCap.
WORTH THE DRIVE: Shop, sip and snack at hundreds of specialty booths at Cincinnati holiday market
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The teenager set up a fake gift voucher website and bought a haul of Bitcoins which soared in value.