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SafeMoon doesn't tout itself as a cryptocurrency but instead as a DeFi token, a decentralised finance token. DeFi’s aim is to bring about disruption to the financial world and enable people to lend in peer-to-peer networks without needing a physical bank.

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US futures linger at all-time highs while cryptos hit new records, as Fed rings alarm on market risks
Bitcoin took another step closer to mainstream investing Tuesday with the launch of a new security on Wall Street tied to futures of the cryptocurrency. To mark the occasion, ProShares, leader in exchange-traded funds, a type of investment linked to an index, rang the opening bell of the New York Stock Exchange on Tuesday.

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Elon Musk: Tesla 'most likely' to accept Bitcoin again following suspension over environmental concerns

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BUDAPEST, Hungary (AP) — An imposing bronze statue was unveiled in Hungary’s capital on Thursday which its creators say is the first in the world to pay homage to the anonymous creator of the Bitcoin digital currency.

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    An employee was accused of buying digital art that would later be promoted on the homepage.

    Such volatility in crypto markets is nothing new. With no formal structure and countless competing exchanges, trading in the digital currency is still akin to settling out in the old American West. Earlier this month, decentralized finance platform Synthetify was forced to halt all trading due to a bug in the platform that provides pricing data. The same software responsible for Synthetify’s troubles was also blamed for a September Bitcoin crash.
    News updates from November 10: Rates of inflation in US and China hit multi-decade highs, Electric vehicle start-up Rivian soars in stock market debut, Czech billionaire buys 27% stake in West Ham UnitedLatest news updates: UK scraps plans for London’s 305-metre TulipLiquidity drought in Treasury market accompanies unexpected rallyA different kind of housing bubbleHedge fund Millennium returns billions to clients in shift to long-term assets

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    Usually, when you buy stocks or cryptocurrency, the price chart is a valuable tool in your analysis. However, the combination of Safemoon’s short price history and low liquidity means that the price chart doesn’t tell us as much as it would with other cryptos. The huge spikes in April and May have been followed by a sustained decline, which has led the price to where it is right now.

    Among those who called it, hedge fund manager Mark Dow wrote almost exactly a year ago about his decision to short bitcoin after future trading on it first began:
    The scope of the Binance.US error, however, was in a league of its own and did not go unnoticed by market participants.

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    Cryptocurrency can be mined by people by using computers. By mining cryptocurrency, people are rewarded small amounts of Bitcoin or another crypto for doing so.

    4JNET has been a favorite of the top players in the crypto space. It has received thumbs from experts and senior players throughout the market. This support is attributed to the underlying logic and protection mechanism of encrypted tokens. It ensures that the tokens are held through time and hedges against market deflation when investors dump their holdings.
    Dogecoin price slump continues after Doge co-founder slams cryptocurrencies as 'scam' and China clamps down on crypto mining

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    Regarding regulatory attention, in late June, the UK’s regulator, the FCA, issued a statement that “Binance Markets Limited is not permitted to undertake any regulated activity in the UK.”

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The day after April 20, a day celebrated by marijuana enthusiasts, the SafeMoon team hosted an AMA with two of its members who joined by live video from a crypto conference in Miami. Instead of just providing updates on the token, Thomas Smith, SafeMoon’s chief technical officer, wandered around the conference floor in an unfocused way to capture attendee shoutouts and show off a painted Porsche.

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Laith Khalaf, financial analyst at investment platform AJ Bell, previously told The Sun that although long-term investment is encouraged, SafeMoon "doesn't sound too different from a pyramid selling scheme".

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