One follower recommended meme coin Dogecoin, in response to which Karony said that he is also a fan and they are “working on implementation.” Others requested stablecoin Tether, while yet another follower requested a feature that warns users if they are about to transfer funds to “flagged scam BSC or ETH addresses.”
Still, an increasing number of big, powerful players are validating crypto’s potential.
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Long-term holders, who have held their Bitcoin for more than 12 months, are reluctant to spend their coins, according to Glassnode’s “The Week On-Chain” report. Another positive is that investors continue to withdraw coins from centralized exchanges whose share of supply has dropped to a new record low at 12.9%.
"We are LIVE and BOOMING!," said the community behind the newly launched Lorde Edge coin.
Its founders have been holding ‘Ask Me Anything’ sessions to reassure potential investors of its legitimacy due to the unregulated nature of cryptocurrencies.
And that, we regret to inform you, has led to some rather silly thinking (highly unusual in the crypto community, we know), specifically of the chart-crime variety:
It’s always hard to know exactly what is driving crypto prices given the opacity of the market and a certain rather large player whose name rhymes with weather, but we think it’s probably partly related to the same market madness that drove GameStop to da moon, as well as to a desire for an alternative to central bank-issued money due to worries about the government overreach (by means of Covid restrictions), and also endorsements from chief executives at the likes of PayPal, Tesla and Twitter/Square.
Dogecoin, founded in 2012 as a joke, has drawn widespread attention from high-profile personalities such as billionaire entrepreneur Elon Musk and rapper Snoop Dogg.
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Makarov, I. and A. Schoar (2018), “Trading and arbitrage in cryptocurrency markets”, Journal of Financial Economics, forthcoming .
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The reason Ethereum Classic is not a fit for your portfolio is that it has had five whole years to grow yet has been unable to do that. ETH is now the flagship, and Ethereum Classic has become the “diet” product. With Ethereum in the name, it may become a pump-and-dump product.
The official site of SafeMoon explains, “Holders acquire passive compensations through static reflection as they see their stability of SafeMoon develop inconclusively.” The steady RFI bonuses make this digital currency remarkable among others. It utilizes a manual burn-in technique instead of digital burn-in techniques to control the stock and empower a fulfilling and helpful burn methodology to the long-term members and achievers.
Investors should continue to hold and not worry about the fluctuations, like Danial, who says she’s not “jumping on the hype.”
Strictly Come DancingThe BBC Strictly contestant has left the Walford soap to focus on her dancing with Giovanni Pernice.
SafeMoon is also preparing to launch a cryptocurrency exchange, which apparently is not tied to V2.
Professor Prasad said buyers need to be aware when buying cryptocurrencies as there is almost no regulatory oversight.