In early November, FTM formed an inverse head and shoulder pattern, eventually breaking the neckline with a steep rise close to $3.2. However, it is now recovering from the steep drop it experienced overnight along with the market. On its way down, it broke through several local support levels.
It is a meme coin in the same sense as Shiba Inu, but has failed to live up to its promises. SafeMoon is the perfect example of why having a product first is what matters. Investors bought into the token thanks to its promises, and now the token is plummeting. It is a story warning investors of falling for grandiosity.
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While the platform has started accepting account registrations and deposits/withdrawals of cryptocurrencies, its services do not yet cover the entirety of the US market, as the following states have been excluded from its support as of the time of writing the review (September 19, 2019):
An employee was accused of buying digital art that would later be promoted on the homepage.
It is the latest cryptocurrency to have seen a spike in interest since the turn of the year, following on from the success of Dogecoin, Bitcoin and Ripple XRP in recent weeks.
World's largest cryptocurrency Bitcoin was trading over 7% higher today. The price of Bitcoin rose 7.34% to $66,119 on Coinmarketcap. Market cap of the cryptocurrency reached $1,252.44 billion.
Disclosure: At the time of writing, the author of this feature owned BTC and ETH.
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Zimbabwe is looking at adopting cryptocurrency as legal payment, top government official says
ITVGMB has received Ofcom complaints after Dr Hilary Joned branded yellow card leaflets ‘a hoax’.
This makes it so anyone accessing your account will also have to provide a one-time code even if they have your email and password.
QUIZ: Do you everything that brands are doing to drive awareness about cryptocurrencies?
Clear regulation would mean the removal of a “significant roadblock for cryptocurrency,” says Wang, since U.S. firms and investors are operating without clear guidelines at the moment.
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Ryan Arriaga, Global head of products at SafeMoon, announced the addition of three new pairs in swap. NEW Reflections Tracker Update on the verge of release! Thanks for staying patient!#SAFEMOONARMY#SAFEMOONWALLET #SAFEMOON
Initially, Binance.US considered listing up to 30 crypto assets, with those deemed most important making it to the Phase 1 list. Some have noted the absence of high-profile Binance IEOs (initial exchange offerings) from this list as well as the lack of support for Tron (13th by market capitalization at the moment).
A news story claiming Walmart would accept cryptocurrency Litecoin was fabricated, the retail giant says.