Perhaps a bit odd, then, to decide to chart crypto prices against US Covid cases rather than global cases, given crypto is traded globally.
Digital payment company, Ripple, created XRP to work as a crypto payment platform and allow exchange between fiat and cryptocurrencies. It also enables other cryptocurrencies to be exchanged on its network. As a result, XRP has grown massively in recent years, and several banks now use the network to execute modern banking functions. If you want to invest in XRP visit this guide to learn more.
.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102191
MarketsPremarketsDowAfter-HoursMarket MoversFear & GreedWorld MarketsInvestingMarkets NowBefore the BellLeading IndicatorGlobal Energy ChallengeEconomyTracking America's RecoveryEnergyMoneyTechInnovateGadgetForeseeable FutureMission: AheadUpstartsBusiness EvolvedInnovative CitiesUnhackableMediaReliable SourcesSuccessBoss FilesRisk TakersFresh MoneyInvest AheadWork TransformedCarsHomesWealth CoachCenter PiecePerspectivesVideosInternationalSwitzerlandIndiaDavosReliable SourcesPassion to PortfolioOn: GermanyMoreAccessibility & CCAbout UsNewsletters
Coinye, a semi-defunct cryptocurrency, is worth mentioning solely for its bizarre backstory.
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’.
In this articleWhat Does This Price Drop Mean for Crypto Investors?What If You Haven’t Yet Invested In Crypto?What’s Behind the Latest Bitcoin Drop?
NewsTransportCrimeWeatherPoliticsBusinessEducationOpinionPeopleObituariesEnvironmentHealthUK NewsWorldRead ThisCoronavirusCOP26OpinionSportFootballRugby UnionGolfOther SportSport OpinionArts and CultureMusicBooksFilm and TVTheatre and StageArtEdinburgh FestivalsLifestyleCarsOutdoorsStaycationTravelFood and DrinkHomesHeritage and RetroHeritageRetroFuture ScotlandTechStart up Scale upInnovatorsBig IdeasDataFinTechLife Sciencese-PaperRecommendedEntertainmentTechnologyLifestyleHome and GardenFashion and BeautyDealsPuzzlesPublic Notices
Next in line is Bitrise exchange, which is more powerful than the Safemoon Exchange. The IBitrise blockchain will launch last and is said to be using Relaychain and parachains. It's still in the development stage and is already a talk in the crypto market.
“Good thing Americans are forced on to these dogshit exchanges where they can get completely scammed on unreasonably thin books. This type of shit just shouldn’t be happening. It’s not fair that some get stopped out and some stay in, some get fills and some don’t.”BTC/USD 1-hour candle chart (Binance). Source: TradingView
The SafeMoon wallet, which is live on iOS has seen over 600,000 downloads. And the SafeMoon holders count has surpassed the 2,850,000 milestones. Meanwhile, the SafeMoon Exchange aims to bring tokenomics to all of the cryptos on its platform, which is in the pipeline. The makers refer to it as “Cryptonomics”. SafeMoon ranks among the top De-Fi projects by social activity as of 04th November 2021.
Based on a mathematical and scientific blockchain algorithm, it is highly unlikely that SafeMoon gets hacked. As owners of SafeMoon, you are anyway masters of your wallet, and hence safekeeping thereof falls in your periphery of accountability.
Blockchain Council is an authoritative group of subject experts and enthusiasts who are evangelizing the Blockchain Research and Development, Use Cases and Products and Knowledge for the better world. Blockchain council creates an environment and raises awareness among businesses, enterprises, developers, and society by educating them in the Blockchain space. We are a private de-facto organization working individually and proliferating Blockchain technology globally.
The SafeMoon price is not joining in the broader market rally today and is down about 4%. Over a longer term view, however, SafeMoon is doing just fine. Since October, the SafeMoon price has rallied over 160%. The recent declines could be investors taking some profits off the table in a broader market that is trading at all-time highs.
Editorial PolicyContact UsSponsored ContentGiveaway T&Cs - Amazon's New World Team Terms of Use Acceptable Use Privacy Policy Cookie Policy Corporate Media Inquiries Contact Us
NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record. Read & Listen Home News Arts & Life Music Podcasts Programs Connect Newsletters Facebook Twitter Instagram Press Contact & Help About NPR Overview Diversity Ethics Finances Public Editor Corrections Get Involved Support Public Radio Sponsor NPR NPR Careers NPR Shop NPR Events NPR Extra Terms of Use Privacy Your Privacy Choices Text Only ECONOMY United States The Americas Britain Asia India Special Report: How to Lead the Changing Japan China Europe Middle East & Africa FINANCE & BANKING Banking Innovation Global Capital Markets Financial Management Cryptocurrencies Regulation & Compliance Personal Finance Responsible Finance Legal Services EMERGING
Stay tuned: Cryptocurrencies are going to play a big role heading into the future.