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Karony likens SafeMoon’s holder payments to the beginnings of businesses like Amazon.com Inc., where “earlier investors receive higher returns and growth because the initial risk they took was higher than those who joined later.”

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The market seems to have taken a turn this morning as a correction has set in. Both BTC and ETH have witnessed a small correction, said Zebpay Trade Desk. The same is happening in altcoins as well, it added. .

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Even with its usual ups and downs, Bitcoin has mostly been on the rise following a drop under $30,000 in July.
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Responding to regulatory pressure, Binance has curbed some services on cryptocurrency bets, highly leveraged positions and trading with tokens linked to shares, and has pledged to beef up its compliance staffing.

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    To create utility for Token, EverGrow is also developing an adult content subscription. Users can use $EGC to purchase content, tip content producers, and communicate with content creators on the forum. EverGrow already launches the Platforms' Beta. Rewards in USDT ensure that Curators can keep earning stable income without selling their $EverGrow holdings. Onboarding more creators as Holders will mean less token in circulations and making EGC scarce day by day, thus making it one step closer to the next Big Cryptocurrency.

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    Baker, M. and J. Wurgler (2006), “Investor sentiment and the cross-section of stock returns”, The Journal of Finance 61 (4), 1645–1680.

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    The use of crypto is not Shariah compliant and should be banned for Muslims, Indonesia's religious authority says

    “Bitcoin has outperformed gold, the most widely regarded inflation hedge, by a considerable margin year-to-date, having gained over 130% compared with gold’s 4% decline.”BTC/USDT daily chart: Source: TradingView
    Overall, it appears from these results that cryptocurrencies may experience short term intervals of co-movement, caused by sector wide news or cross market contagion, though correlation is likely to change dependent on the nature of the causal event and market environment. In the medium and longer term Bitcoin and Litecoin are strongly related; it is believed this is due to their similarity.

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    Newly elected mayor Eric Adams says he'd like his first three paycheques in the cryptocurrency.

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    Reviews of Binance.US are, on average, worse than those of Binance, a small consolation for those who live outside the U.S. Despite this, many of the issues pointed to regarding support for American customers relate to issues that stemmed from the company’s rushed set up of the newer website.

    On Oct. 21, Binance.US suddenly printed a one-minute candle that took BTC/USD from $65,815 to $8,200 — a drop of 87%.
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And while Karony said he wasn’t sure what to make of Portnoy’s tweet, he was appreciative. “It’s cool to see big names talking about SafeMoon because it means more people are hearing about SafeMoon,” he said.

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Launched in 2015, Ethereum (ETH) is the second most popular cryptocurrency and, on most days, the second most valuable after Bitcoin.

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The growth of SafeMoon, coupled with its online slogan, has drawn comparisons to the surge in popularity of another cryptocurrency Dogecoin.

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