Cryptocurrency prices continued to tumble Friday with Bitcoin leading the charge, with prices for the internet currency dipping below $50,000 for the first time since early March.
“It was almost like you just gave a 21-year-old a million dollars,” Harrison said. “I get it -- they were excited to be so popular.”
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Elon Musk’s announcement that Tesla would no longer be accepting Bitcoin as payment on environmental concerns was followed by China issuing a crypto crackdown.
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4JNET has launched the pre sale of limited-edition nonfungible tokens (NFTs) on Oct. 18, and a total of 5,000 limited-edition NFTs have been distributed. After the project kicks off on Dec. 1, all NFT holders can claim 30% of the all tokens issued, unlock 2% each day and enjoy a 3% reduction of service charges. The purchased 4JNET tokens will be put into the liquidity pool to maximize the benefits.
Thus, Binance.US will not initially support its projects such as BitTorrent (47th by market capitalization), Fetch.AI (207), Celer (180) and Matic Network (127), despite having these raise capital on the Binance Launchpad platform.
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Numerous promises were made by the Safemoon team, which haven’t been delivered on. Although the price decreases could be a variety of things, it’s likely a slow burn of investors selling their holdings and depressing the price.
The official site records PancakesWap as the essential trade to purchase the tokens. The initial step is to make a trusted wallet. Then, one needs to change BNB over to a smart chain employing the trust wallet and amplify SafeMoon. Use Pancakeswap to change Binance Smart Chain over to SafeMoon. Post trading the transaction, the wallet will obtain SafeMoon.
New short-term investors who are selling their holdings in reaction to the drop may be influencing the continued dip in Bitcoin’s value, according to a recent report from Glassnode Insights, a blockchain analysis firm.
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His appointment with Binance was seen as a sign that Binance was seeking an image of greater transparency through hiring well-regarded regulators to senior roles.
Cryptocurrencies are seen as an alternative to traditional banking methods, cheaper to move money around due to not being regulated by the government or its banks.
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