In a recent report from Kraken exchange, analysts said that the current quarter’s price action has a correlation of 0.88 with the fourth quarter of 2017.
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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“I’ve been through the 2017 cycle, too,” Yang says, referencing the ‘crypto crash’ of 2017 that saw many major cryptocurrencies, including Bitcoin, lose major value. “I know that these things are super volatile, like some days they can go down 80%.”
Another factor that crypto experts have mentioned regarding the competitiveness of Safemoon coin is the speed of releasing products. Since the Safemoon token was launched, only the Safemoon has been released. All other Safemoon products are in the development stage. This is not the case with the Safemoon coin competition, like Bitrise, which in short has released multiple products, including a super dApp wallet.
Facebook’s closely guarded Libra project could be the first true cryptocurrency alternative to fiat currencies, although its growing pains suggest that true parity remains well in the future.
India’s Parliamentary Standing Committee on Finance has listed a meeting with the leading crypto players in India on its age...
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Can Bitcoin and altcoins sustain their bullish momentum or will profit-booking drag prices lower? Let’s study the charts of the top 10 cryptocurrencies to find out.
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Binance vs Binance.US - If you want to trade on Binance, the choice is relatively simple. If you are based in the United States, Binance.US is your only available option. If you are outside the U.S., you can trade on Binance's main exchange. This blog will explain the major differences between each platform.
The riskiness is taken a step further when it comes to newer coins because they make you more vulnerable to scams when compared to ones that have been around longer such as Bitcoin.
‘Not Considering’: Zimbabwe Government Clarifies Stance on Legalising Cryptocurrency
The inability to get SEC approval really held back bitcoin and cryptocurrencies in general. It sent the message, says Innes, “that there wasn’t underlying support from Wall Street.” Meanwhile, the price dropped from around $10,000 to $6,000.
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HUH Token is currently in its presale stage and has no official release date as of yet, the creators have stated that it will be soon. The main question investors have is, which of these cryptocurrencies will turn their $1000 into much more? After examining both SafeMoon and HUH Token, these are some of the conclusions that have presented themselves
Brian Brooks, former Binance.US CEO and Comptroller of the Currency, has been appointed CEO of BitFury, a Bitcoin mining and crypto company.
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