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It was a wild ride for SafeMoon, with its prices exploding in the first few weeks before crashing down.

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Any claims that a particular cryptocurrency confers total anonymity or immunity from legal accountability are worthy of deep skepticism, as are claims that individual cryptocurrencies represent foolproof investment opportunities or inflation hedges.
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SafeMoon's native token collapsed in price by more than 20% following the issues.
Business News › Markets › Cryptocurrency › Top cryptocurrency prices today: Cardano, Polkadot, Dogecoin shed up to 5%

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No matter where you buy it, cryptocurrency is a highly volatile, speculative investment. Only invest in crypto what you’re prepared to lose, and make sure you have other financial priorities in place first: save money in an emergency fund, contribute to retirement savings, and pay off any high-interest debt balances.
Usually, when you buy stocks or cryptocurrency, the price chart is a valuable tool in your analysis. However, the combination of Safemoon’s short price history and low liquidity means that the price chart doesn’t tell us as much as it would with other cryptos. The huge spikes in April and May have been followed by a sustained decline, which has led the price to where it is right now.

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SafeMoon listed three reasons why the V2 upgrade is expected to boost the demand for the token in a recent tweet:

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    Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

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    It’s certainly fascinating to watch Binance, which has historically been one of the most aggressive crypto companies, transition into a more regulatory-compliant business. At the same time, those who have been cautious, such as Coinbase, are beginning to add new assets.

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    One example is the negative correlation that occurs between Ethereum and its associated factors around June 2016 (left facing arrows at the top and just left of the horizontal middle of the Ethereum scalograms). During this time interval, one of the most well-known applications at the time, the DAO, built on top of the Ethereum environment, was hacked. It can be seen that all factors are negatively correlated in the short term with the price during this time interval. As a result of the uncertainty generated by the hack, price dropped sharply, but activity on social media and interest increased (causing the negative correlation). The negative relationship can be seen during the 2–4 day band for all factors.

    “Where digital assets land, at the end of the day … will be driven in part by regulation, both domestic and international,” Former SEC Chairman Jay Clayton recently told CNBC.
    It is pretty easy actually. The entire process involves five key steps. They are: a) Choose a crypto exchange; b) Create your account and verify it; c) Deposit the fund and start investing; d) Place you order to buy desired cryptocurrency, e) Select a storage method. However, there are also other ways to invest in cryptocurrencies. These include crypto ETFs (similar to those of gold and other ETFs) or investing in cryptocurrency-related stocks. These options are not so mainstream yet.

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    Investors should continue to hold and not worry about the fluctuations, like Danial, who says she’s not “jumping on the hype.”

    Some mainstream companies also view blockchain technology itself with interest, evaluating various uses such as supply chain. The future of cryptocurrency and its associated technology appears bright, judging by the growth and adoption that has been seen since 2008 when Nakamoto published the framework for a little asset called Bitcoin.
    WASHINGTON (AP) — With inflation at its highest point in three decades, the Federal Reserve is set this week to begin winding down the extraordinary aid it has given the economy since the pandemic recession struck early last year, a process that could prove to be a risky balancing act.

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    Numerous promises were made by the Safemoon team, which haven’t been delivered on. Although the price decreases could be a variety of things, it’s likely a slow burn of investors selling their holdings and depressing the price.

    In early November, FTM formed an inverse head and shoulder pattern, eventually breaking the neckline with a steep rise close to $3.2. However, it is now recovering from the steep drop it experienced overnight along with the market. On its way down, it broke through several local support levels.
    Bitcoin nears $70,000, while ether eyes $5,000 as the rally extends into a fourth day, aided by a weaker dollar and upbeat investor sentiment

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The comparison of Binance vs Binance.US ultimately comes down to financial regulations in the United States.

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CPI gained 0.9% in October, higher than the estimated 0.6%. The reading marks an acceleration from the 0.4% gain seen in September.

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