We’re certainly in a much different place now than we were 12 months ago. What was a hot commodity has turned into a hot potato nobody wants to touch. Still, this almost certainly won’t be the end for bitcoin, or cryptocurrencies as a whole. Despite the realization that it was a bubble, even the toughest critics see some sort of a future.
So what happened? And is there any hope for a recovery? To answer both, you have to look at quite a few factors.
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The majority of cryptocurrencies function without the backing of a central bank or government. Instead of relying on government guarantees, decentralized technology called blockchain underpins the operation of cryptocurrencies.
If you already have a wallet on the Binance Smart Chain, getting Safemoon is as simple as exchanging it for any other token in your wallet on a decentralized exchange (DEX) such as PancakeSwap.
You should also look out for an email from Robinhood as the company is reaching out to people affected.
No. As of writing, Safemoon is not available to trade on Coinbase. However, you can purchase Safemoon on a few other exchanges, including BitLink.
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No trams on Corporation Street which has been left for four months without service
Ethereum Dropped After Setting Another New All-Time High. Here’s What Investors Should Do Next
In addition to the fiat ramp exchanges, Binance has launched a decentralized exchange and it is adding much-requested features such as margin trading. The company also took an investment from Singapore’s Vertex Ventures, one of a number of sovereign funds in the country, to develop its Binance Singapore service.
Bartram, S. M. and M. Grinblatt (2018), “Agnostic fundamental analysis works”, Journal of Financial Economics 128 (1), 125–147.
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