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.
For many people, crypto is a type of alternative investment. Just as you can buy and trade stock in public companies, you can buy cryptocurrency with the hope that it will increase in value over time, allowing you to cash out for a profit at a later date. Some people invest in crypto less for the belief that it will become a popular currency and more as a bet on the blockchain technology behind it.
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With the growing popularity of cryptocurrencies, a variety of digital currencies have emerged on the cyrpto investment scene. It is important to distinguish between three major categories in the crypto world and understand each one of them.
Here are some cryptocurrencies that may be unworthy of a slot in your investment portfolio:
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A look at recent charts shows that Safemoon has been on a downtrend since early November. Safemoon has also not been doing very well since its last all-time high around April 21, 2021. Despite rising in mid-May, the next time Safemoon saw bullish growth was at the end of October.
This cryptocurrency is also available and is traded on Coinbase – one of the world’s largest crypto exchange platforms. This accessibility is another reason why it’s an appealing investment option.
Cryptocurrency market is down 2.24% on the last 24 hours (2.15pm, Thursday 11 November).
The flag-wavers point to these and other concerns to warn that SafeMoon may not, in fact, be safe.
But whatever new products are produced, they will now have a harder time struggling with acceptance. Whether we like it or not, message and image are important.
Bitcoin (BTC) and Ether (ETH) have again risen to a new all-time high on Nov. 10, indicating that the trend remains firmly in favor of the bulls.
The popularity of the Bitrise coin has grown exponentially as more and more Shiba Inu. Dogecoin members are joining the cryptocurrency. At this point, there’s no mention that they would like to change their structure for transactions with zero P2P (person-to-person) transaction fees, which can be found in local currency.
Time will tell whether this is the case, but right now, the Safemoon price is trading pretty close to where it was in April 2021, right before the massive price increase. Since the all-time high of $0.00001094 back in May, the Safemoon price live dropped over 87%. Furthermore, the trading volume is extremely low, with CoinGecko reporting that just over $3.5 million worth of Safemoon was traded in the last 24 hours.
Security is a major concern when investing in cryptocurrencies. This is because there is no way to get back tokens once they have been transferred out, making the need for a secure platform all the more important. 4JNET was built with this concern in mind.
Beijing's crackdown on cryptocurrency sends bitcoin entrepreneurs moving to the wild wild west.
Binance U.S.’ trading algorithm suffered from a bug that resulted in a Bitcoin flash crash on Oct. 21. Although prices recovered quickly, both cryptocurrencies are now trying to hold support to avoid further losses.
Something is brewing over at SafeMoon. The DeFi project is close to launching a widely anticipated V2. The team is targeting greater adoption and additional use cases with the launch of V2.