MoneyNews MoneyMOON MONEY SafeMoon price prediction 2021: Can the cryptocurrency reach $1?
“Expect very high volatility in crypto over the next few months,” he tweeted on Oct. 21.
.
Recent proposed legislation could make it easier for the IRS to find cases of tax evasion when it comes to crypto, though investors should already keep records of any capital gains or losses on their crypto assets. But the new rules may also make it easier for investors to properly report crypto transactions.
Even if this were the case, and Safemoon coin was to increase in price dramatically before an instant fall, it would still represent a good investment for purely speculative investors. For example, if Safemoon were to simply return to the all-time high experienced on April 20th, then that would represent an incredible 921% return from today’s price!
Global EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeAmericasMiddle East and North Africa
Cardano reveals the extent of progress on its plans to digitally connect Zanzibar Samuel Wan · 2 days ago · 2 min read
Crypto Trading Log Book: Cryptocurrency Trading Journal Special Gift for Cypto Trader - Day Trading Ledger Strategy Planner Notebook 120 Pages (8.5"x11")
What are the challenges facing IT firms as employees return to office? Is crypto too mainstream in India to be banned? Is it ... Coinbase slumps after reporting lower-than-forecast revenue of $1.24 bn
CYNTHIA LUMMIS: My son-in-law has a shirt that says friends don't let friends sell bitcoin. And that is my investment strategy for bitcoin.
“Even with how nascent this industry is, the serious Decentraland players have managed to create a significant income from buying and selling Nft items,” Patrick Moore, founder and creator of Bitcoin and cryptocurrency information website CryptoWhat, told The Sun.
A top official said Zimbabwe is looking to allow cryptocurrency as legal payment, according to a local report Sunday.
“The manual burns, alongside the company having a pretty large stake in the coins, just speaks to me of a manipulation risk,” said Jasper Lawler, head of research at London Capital Group, an online brokerage firm offering cryptocurrency derivatives. “Whenever there’s some sort of mechanism to stop selling, that’s a bit of a warning sign.”
The process of collecting cryptocurrency as a reward for solving complex functions and recording data to a blockchain is referred to as cryptocurrency mining.
In addition, the hashtag #SAFEMOONWALLET trended on Twitter for days leading up to the intended release. It also made an appearance on a billboard at London’s Piccadilly Circus.
How does this latest crash compare to previous ones, or even to regular stock market drops — and what does it mean for investors?
Once you install Good Crypto on your iOS or Android device or open the Web App, it offers real-time market data and analytics, automated portfolio tracking, and advanced trading terminal supporting 30 leading crypto exchanges. Read all about Good Crypto Guide: How to Day Trade Cryptocurrency and Track Your Portfolio on 30 Exchanges
GURA: Davidson also fears too much regulation could harm investors and entrepreneurs, but he thinks inaction is also a risk. Davidson says when he goes back to his district in Ohio, his constituents ask him when Congress is going to get around to setting ground rules.