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Another property of Safemoon which has attracted wide criticism is the ownership pattern of the current supply of the token. A large proportion of Safemoon’s total liquidity is owned by members of the founding team. Although these funds are in a so-called lock-up, such concentration of ownership is often a cause for serious concern in the crypto space. In part, this concern is because of the influence that major holders—called whales—have over price movements when they sell.

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Then 5% goes to buying back and burning tokens to reduce circulation and increase demand for the token. The buyback and burning process is automated. With every transaction, 5% of the 12% fee goes to the Buyback smart contract, which automatically buys tokens from the liquidity pool and burns them. Therefore, Safemoon members would also want to invest in a coin whose supply is diminishing hence a consistent increase in the price of the coin.
Discrepancy in price of token on spot and futures markets opens opportunities for arbitrageurs .

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Fun StuffRussell Alexander was wrongly advised he could keep the money and even bought a house.
“Volatility is as old as the hills, and it’s not going anywhere,” Noble says. “It’s something you have to deal with.”

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The crypto industry is still very young. Bitcoin, the most well-known and first viable cryptocurrency, is only 12 years old. Even the biggest companies in crypto are often recent start-ups. One of these companies is Binance. Founded just 4 years ago in 2017 Binance has grown to become a leader in cryptocurrency exchange. However, there is more than one Binance. Read on to learn how Binance relates to Binance.US. Difference Between Binance and Binance.USCurrencies OfferedTrading FeesLiquidityConclusion
When formed by real members instead of bots—we’ll get to that in a second—these communities are unofficial and unpaid public relations departments continually working in favour of the reputation of the projects they support.

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Shortly after Bitcoin’s latest all-time high, Ethereum marked its own new all-time high last month when its price went over $4,400.

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In 2019 Facebook said it plans to introduce a cryptocurrency that at the time was called Libra.

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    The V2 upgrade is on schedule for launch, and the addition of new pairs to swap has increased the accessibility of the token for holders.

    NYC is getting its own city coin in line with the incoming mayor's crypto hub vision
    Tesla-linked crypto tokens are trading 5% below the stock's current price as traders react to possible Musk share sale

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    The future may be decentralized, but that doesn't mean tech giants won't have a hand in building it. Discord users are revolting over NFTs and crypto. Platforms should heed this warning. No, Kroger won't accept Bitcoin Cash. Fake cryptocurrency press release dupes people again. 'Squid Game' cryptocurrency turns out to be a scam, creators run off with millions

    SAN SALVADOR, El Salvador (AP) — El Salvador became the first country to adopt Bitcoin as legal tender Tuesday, but the rollout stumbled in its first hours and President Nayib Bukele said the digital wallet used for transactions was not functioning.
    Beijing's crackdown on cryptocurrency sends bitcoin entrepreneurs moving to the wild wild west.

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    Long term relationships also strengthen, to some extent, around areas indicated as bubbles. The previously observed long term relationship between Google Trends and Bitcoin price [8] can also be seen here, between late 2012 and 2014 (period band 64–256). With the benefit of extra data it can be observed that the relationship disappears around 2014 (for lower period bands) and 2015 (for higher period bands), before the relationships start occurring more consistently in 2016 and 2017 (a region with a number of bubbles identified). The previously observed relationship between Wikipedia views and Bitcoin observed in 2013 (64–128 band), disappears before again returning in mid-2016 and 2017.

    The CEO of the electric vehicle pioneer detailed his sales to the Securities and Exchange Commission. He exercised 2.2 million options, sold some to pay income tax, and then sold 3.6 million more shares.
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    If you’re investing in cryptocurrency, expect volatility to continue. That’s why experts recommend keeping your crypto investments to less than 5% of your total portfolio.

    If you are worried about possible scams – funny enough DogeZilla claims it aims to make the crypto space safer for users.
    HUH Token is currently in its presale stage and has no official release date as of yet, the creators have stated that it will be soon. The main question investors have is, which of these cryptocurrencies will turn their $1000 into much more? After examining both SafeMoon and HUH Token, these are some of the conclusions that have presented themselves

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Arcane, hereditary, all-male — and at the heart of British democracy Will UK house prices fall as interest rates rise? What I got wrong about nuclear powerWhy should I let my landlord spy on my finances?Hong Kong’s future — the pearl and the dragon

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A petition to 'Get Safemoon Listed On Coinbase' has currently gained 4,646 signatures.

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