WARREN DAVIDSON: The industry is basically pleading, give us some regulatory clarity.
Atlanta, US, Sept. 22, 2021 (GLOBE NEWSWIRE) -- The crypto world is changing every day. We have seen many successful new cryptocurrencies exploding like DOGECOIN & SAFEMOON. The growth of the crypto market is providing ordinary investors with exponential returns and more unique opportunities to grow their wealth. SAFEMOON, which initiated with an initial supply of 777 trillion, and has a shallow market cap, is one of the most successful stories in the crypto world. An initial investment of $1,000 in SafeMoon would now have been worth around $3.5 million.
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Though both assets posted a quick recovery, the event has made a significant impact on the market. Bitcoin retraced by 7.4% a few hours after making a new all-time high at $67,000.
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.
The global cryptocurrency market cap has grown by 2.63 percent over the previous day to $2.94 trillion, data from coinmarketcap.com shows.
Cryptocurrency. A digital currency secured through cryptography, or codes that can't be read without a key.
The goal is to keep the average interval between new blockchain creations steady at a predetermined level. Bitcoin’s is 10 minutes, for instance.
On the products, Bitrise Audits and Techrate Audit, are programs that offer free audit programs for blockchains and smart contracts. So far, hundreds of developers have used these programs to audit their platform's integrity. Bitrise dApp wallet is the second product, and the team recently released Beta 2 version. The wallet is superior to the Safemoon wallet in so many aspects, including GUI usability.
Speculators in the crypto community continue to describe Brooks move as a stepdown, however, in terms of company size and brand awareness in the crypto space considering his office as CEO of Binance US previously.
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Last year, a California man pleaded guilty to a mining fraud of at least US$722 million through the BitClub Network. In February, a New York man pleaded guilty to running a Ponzi-like hedge crypto fund that stole about $90 million from more than 100 investors.
Voyager, a cryptocurrency brokerage platform, reached a 19-race deal to sponsor Cassill in the Xfinity Series in his JD Motorsports entry.
Loans offered via decentralised finance networks have been compared to fixed income securities
Three Bitcoin (BTC) on-chain indicators signaling a bullish end of the year Juan Pellicer · 4 days ago · 4 min read
Litecoin price has entered a tight congestion zone since the initial spike above the Cloud on October 20th. The trading range has been limited to the Tenkan-Sen at $196 above and Senkou Span B at $188 below. Thus, Litecoin has prime conditions for a bullish expansion move to occur, but bulls are unable or unwilling to make that happen.