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As the popularity of cryptocurrencies such as Bitcoin explode, the Biden administration is laying the groundwork for heavier regulation, and that could spark a big fight in Congress. Cryptocurrency is at a crossroads. As its popularity explodes and bitcoin hovers near a record high, the Biden administration is laying the groundwork for heavier regulation. That could set up a fight in Congress. As NPR's David Gura reports, a small group of lawmakers is worried the U.S. could miss out on an opportunity to be a leader in a financial revolution.
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But what is SafeMoon and why has it garnered such an interest? And is it something you should look out for?
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Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.
Moreover, holding the NFTs entitles the holders to a 3% decrease on all service charges.
SafeMoon is not yet listed on Coinbase or Binance. However, the currency does hope it will achieve this in the future.
Disclosure: At the time of writing, the author of this feature owned BTC and ETH.
Its Facebook page states: "Remember, getting to the moon takes time and the longer you hold the more tokens you pick up."
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“I’ve been through the 2017 cycle, too,” Yang says, referencing the ‘crypto crash’ of 2017 that saw many major cryptocurrencies, including Bitcoin, lose major value. “I know that these things are super volatile, like some days they can go down 80%.”
The price of Bitcoin rapidly plunged about 87% on Binance's U.S. exchange Thursday morning, sinking to as low as $8,200 from around $65,000. The price did nothing like that on other venues, and on Binance the level almost immediately snapped back to where it had been.
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Blocks are linked together by cryptography – complex mathematics and computer science. Any attempt to alter data disrupts the cryptographic links between blocks, and can quickly be identified as fraudulent by computers in the network.
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Besides the products offered, one of the effects of the split of Binance.US from Binance was on the liquidity pool.
Early cryptocurrency proponents shared the goal of applying cutting-edge mathematical and computer science principles to solve what they perceived as practical and political shortcomings of “traditional” fiat currencies.