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It is a meme coin in the same sense as Shiba Inu, but has failed to live up to its promises. SafeMoon is the perfect example of why having a product first is what matters. Investors bought into the token thanks to its promises, and now the token is plummeting. It is a story warning investors of falling for grandiosity.

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Note that backing up a wallet doesn’t duplicate the actual cryptocurrency units, merely the record of their existence and current ownership.
Anyway, SafeMoon has been under the eyes of skepticism. Professionals say that it is an unpredictable business to put money into SafeMoon as it isn’t directed by using any particular means. It has been compared with a Ponzi Scheme as most liquidity is claimed by the group. SafeMoon has excused these cynics and has declared its precise path for the coming years. The group intends to coordinate SafeMoon with African Markets, investigate different trades like Binance, and even begin its own trade.
Income tax: Profits and losses from cryptocurrency transactions must be shown in a non-incorporated business’s accounts and are taxable/allowable under conventional income tax laws.
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Several other regulators, including from Hong Kong, Germany, Japan, Italy, and Thailand, followed with various warnings, with the Netherlands the latest to do so this week. Hong Kong initially raised the alarm over crypto derivatives related to listed stocks which Binance stopped offering last month. In late July, Binance said it would cease to offer all derivative products in Germany, Italy and the Netherlands. Does Twitter’s new crypto leader signal end to Dorsey’s Bitcoin maximalism? Stablecoin issuer Circle launches venture fund, invests in JPYC Ripple launches new crypto solution Liquidity Hub, beyond XRP Ex SEC Chair Jay Clayton to advise crypto custody firm Fireblocks
The two ways of adding funds achieve the same result. Which you choose depends on your preference between centralized exchanges and decentralized finance (Defi). Many people prefer increased control over the transaction that is possible with Defi. You may prefer the customer service of a centralized exchange.
FACEBOOK WHISTLEBLOWER GOES PUBLIC: “The former Facebook Inc. employee who gathered documents that formed the foundation of The Wall Street Journal’s Facebook Files series said she acted to help prompt change at the social-media giant, not to stir anger toward it,” the Journal’s Jeff Horwitz wrote in a profile of Frances Haugen, a former product manager hired to help protect against election interference on the platform. She “said she had grown frustrated by what she saw as the company’s lack of openness about its platforms’ potential for harm and unwillingness to address its flaws. She is scheduled to testify before Congress on Tuesday. She has also sought federal whistleblower protection with the Securities and Exchange Commission.”
The debacle was tinged with irony, coming just as Binance CEO Changpeng Zhao, also known as CZ, warned about incoming volatility.
Bitcoin’s price has taken a wild ride so far in 2021, and in November set another new all-time high price when it went over $68,000. This latest record high follows previous high points over $60,000 in April and October, as well as a summer drop to less than $30,000 in July. This volatility is a big part of why experts recommend keeping your crypto investments to less than 5% of your portfolio to begin with.

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With its bullish structure now invalidated, those looking for long positions will need to eye support levels at $2.44 and $2.2. Should the crypto market remain bearish (with BTC having a probability of revisiting $60-62K), these levels are likely to come into play. Oanda Bitcoin Exchange Rate

Based on our prediction, the SafeMoon price prognosis for 2026 is $0.000237. With a 5-year investment, the revenue is expected to be around +4640%. Wallet Investor
Most price prediction websites unfortunately do not have price predictions for the DogeZilla – given how new and the fractional number of tokens it trades.
In addition, V2 features include “increased quality, security and accessibility of SafeMoon” in anticipation of what the project describes as a “warp-speed future.”
Bill Noble, chief technical analyst at TokenMetrics, a cryptocurrency analytics platform, thinks the price of Bitcoin will climb throughout the rest of the year. “I think it’s more likely Bitcoin goes to $75,000 than $25,000,” he says.
CHARLOTTE, N.C. (AP) — Landon Cassill will be the first NASCAR driver paid entirely in cryptocurrency in a sponsorship deal with Voyager that begins at Nashville Superspeedway this weekend.

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Last year, a California man pleaded guilty to a mining fraud of at least US$722 million through the BitClub Network. In February, a New York man pleaded guilty to running a Ponzi-like hedge crypto fund that stole about $90 million from more than 100 investors.

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No matter if crypto is going up or down, the best thing you can do is to not look at it. Set it and forget it like you would any traditional long-term investment account. “If you let your emotions get too much into it then you could sell at the wrong time, or you might make the wrong decision,” says Yang. “You stress out about it, and I don’t think that’s a healthy way to approach it.”
An asset that depends vigorously on the fundamentals of supply and demand is known to go far. The news about SafeMoon has been spread all over the world. As more people will get on its radar, the more individuals will put investment into it eventually. The worth of crypto overall has been consistently going up for quite a long time. And as Manward Financial Digest author Andy Snyder anticipated toward the start of this year, crypto’s worth is simply going to rise.
Accessibility links Skip to main content Keyboard shortcuts for audio player Open Navigation Menu NPR Shop Close Navigation Menu News Expand/collapse submenu for News National World Politics Business Health Science Climate Race Arts & Life Expand/collapse submenu for Arts & Life Books Movies Television Pop Culture Food Art & Design Performing Arts Life Kit Music Expand/collapse submenu for Music #NowPlaying Tiny Desk All Songs Considered Music News Music Features Live Sessions Podcasts & Shows Expand/collapse submenu for Podcasts & Shows #NowPlaying Tiny Desk All Songs Considered Music News Music Features Live Sessions About NPR Diversity Organization Support Careers Connect Press Ethics The push to regulate cryptocurrency could cause friction in Congress As the popularity of cryptocurrencies such as Bitcoin explode, the Biden administration is laying the groundwork for heavier regulation, and that could spark a big fight in Congress. subscribe to The NPR Politics Podcast podcast NPR One Apple Podcasts Spotify Google Podcasts RSS link The push to regulate cryptocurrency could cause friction in Congress Facebook Twitter Flipboard Email Listen · 3:55 3:55 Toggle more options Download Embed Embed