The use of crypto is not Shariah compliant and should be banned for Muslims, Indonesia's religious authority says
Murder accused claims Arthur Labinjo-Hughes 'threw himself up wall, floor and door' before death
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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%.
The first thing to note is that Safemoon is not currently listed on any major cryptocurrency exchanges such as Binance or Coinbase. Due to this, the amount of liquidity is relatively low, meaning that technical analysis isn’t as accurate as digital coins with high liquidity. The low liquidity of Safemoon means that large buy orders tend to boost price significantly – which, in turn, leads more people to buy into the ‘hype’.
These are just two of the crypto coins challenging the dominance of Safemoon, and some like Bitrise are putting up a very tough competition to Safemoon based on the products offered, among many other features. From the powerful wallet to the exchanges, among many other products, the coin is one of toughest Safemoon competitors.
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The hype surrounding popular memecoin Dogecoin had appeared to diminish recently as new altcoins took centre stage.
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Mastercard Pens Deal With APAC Asset Management Firms to Launch Crypto-Linked Payment Cards
SafeMoon listed three reasons why the V2 upgrade is expected to boost the demand for the token in a recent tweet:
Bitcoin’s Market Capitalization Went Over $1 Trillion This Year. Here’s What Crypto Market Cap Means for Investors
Using data from a prominent blockchain research firm, Coinmetrics.io, we explore the relationship between prices, computing power (measured by the hashrate), and network (measured by the number of unique active users). We focus on five major mineable cryptocurrencies (i.e. Bitcoin, Ethereum, Monero, Litecoin, and Dash). In some of our test, we expand our data to include an additional 33 cryptocurrencies. Our sample period spans from 7 August 2015 to 25 January 2019.