Discrepancy in price of token on spot and futures markets opens opportunities for arbitrageurs
Chris Jarrard likes playing games, crankin' tunes, and looking for fights on obscure online message boards. He understands that breakfast food is the only true food. Don't @ him. Chris Jarrard posted a new article, Bitcoin (BTC) price flash crashes to $8,200 on Binance US crypto exchange Company About Shacknews Contact Us Privacy Policy Subscribe Do It For Shacknews Facebook Twitter Twitch Youtube btc $65038 -2.7% eth $4704.23 -0.97% bnb $628.17 -4.09% usdt $1 -0.01% sol $239.53 -0.53% ada $2.11 -5.38% xrp $1.22 -2.6% dot $48.79 -4.54% doge $0.260506 -4.23% usdc $1 -0.16% shib $5.262E-5 +0.52% luna $51.28 +1.3% AVAX $88.35 -2.76% ltc $265.3 -8.98% link $36.15 +2.92%
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Safemoon is one such smart contract-based token. It does not have its own blockchain; its supply is managed by a smart contract on Binance’s in-house blockchain.
SafeMoon technically isn't a cryptocurrency but a DeFi token, according to its website.
Cryptocurrency can gain value on exchange platforms. It increases in value based on supply and demand.
SafeMoon captured attention from the get-go. Its name evokes a prudent form of the “to the moon” mantra embraced by crypto crowds looking for prices to burst straight up.
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Should the Metaverse ever come into existence, blockchain technology and decentralization must be at the core of this innovation. University of Cambridge to launch decentralized carbon credit marketplace on the Tezos blockchain
But it wasn’t just outside pessimism that led to the slump, but infighting as well. Blockchains are decentralized, and democratic systems require buy-in from participants in order to keep the engines running. When there’s a schism that can’t be decided by the majority, all hell breaks loose.
Biais, B., C. Bisiere, M. Bouvard, C. Casamatta, and A. J. Menkveld (2018), “Equilibrium Bitcoin pricing”, Working paper .
Tim Cook says he owns cryptocurrency - but don't expect it at Apple any time soon
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Alexis Ohanian has partnered with the Solana Foundation to invest $100 million to build social-media projects on the solana blockchain.
Now the country’s central bank, People’s Bank of China, has effectively banned digital coins after announcing all transactions of cryptocurrencies are illegal.
Bitfury has appointed former Binance US boss Brian Brooks as CEO. Former financial regulators are in control of one of the world’s largest crypto mining outfits when the industry is booming.
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