As a result of the relationship between supply and demand, the price of a cryptocurrency can be manipulated to an extent. A concerted effort to match all the open orders on a particular crypto across several exchanges will create an artificial shortage.
Some are curious if this meme coin will ever truly see a full Shiba and Dogecoin-like impact, although it’s already off to an impressive start.
.
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)
The flag-wavers point to these and other concerns to warn that SafeMoon may not, in fact, be safe.
There are more than 2,000 cryptocurrencies available to trade, as of November 2018. As more and more cryptocurrencies enter the market, underpinned by faster and more efficient networks, the status of existing coins may be threatened. For example, the network transaction value of TRON (TRX), as of October 2018, exceeded that of larger market-cap cryptocurrencies such as Bitcoin and Ether. Also, some sources list more than 900 cryptocurrencies classed as ‘deceased’ thus far, indicating the stiff competition faced by each coin.* Bitcoin is a weird, wonderful and volatile market to trade. Here’s what to know about this remarkable asset. Discover the differences and similarities between Bitcoin and gold, and how you can trade the two instruments. This trading guide is designed to help day traders navigate the cryptocurrency market with control and confidence and is built on decades of experience.
Latest News LIVESensex TodayNovember Bank Holiday 2021Dogecoin PriceCryptocurrencyBinance Coin PriceWhat are multi asset fundsWhat are balanced mutual fundsGlobal marketsMutual fundsBreaking newsLTC Cash Voucher SchemeSGX NiftySensex LiveIRCTC share priceInfosys share priceRupee FXStreet - The forex market Live Chart Forecast Poll Rates Table Technical Levels Technical Confluences Detector EUR/USD GBP/USD USD/JPY AUD/USD NZD/USD USD/CAD GBP/JPY EUR/JPY Dollar Index Gold Oil SP500 EUR/USD GBP/USD USD/JPY AUD/USD NZD/USD USD/CAD USD/CHF EUR/GBP Dollar Index Commodities Bonds Equities EUR/USD GBP/USD USD/JPY AUD/USD USD/CAD Dollar Index Oil Gold Stocks Commodities Bonds Risk On/Off Support and Resistance Elliott Wave Cycles Sentiment Coronavirus Brexit Nonfarm Payrolls Fed BoC ECB BoE BoJ RBA RBNZ SNB Bitcoin Ethereum Ripple Litecoin Bitcoin Cash Cardano Stellar VeChain Chainlink Ed Ponsi Giuseppe Basile Sarid Harper Alex Ong Sam Seiden Steve Ruffley Rob Colville Nenad Kerkez Gonçalo Moreira Navin Prithyani David Pegler Walter Peters TOOLS Live Chart Forecast Poll Rates Table Technical Levels Technical Confluences Detector ASSETS EUR/USD GBP/USD USD/JPY AUD/USD NZD/USD USD/CAD GBP/JPY EUR/JPY Dollar Index Gold Oil SP500 LATEST NEWS BY ASSETS EUR/USD GBP/USD USD/JPY AUD/USD NZD/USD USD/CAD USD/CHF EUR/GBP Dollar Index Commodities Bonds Equities EDITORIAL SELECTION EUR/USD GBP/USD USD/JPY AUD/USD USD/CAD Dollar Index Oil Gold Stocks Commodities Bonds Risk On/Off Support and Resistance Elliott Wave Cycles Sentiment TOP EVENTS Coronavirus Brexit Nonfarm Payrolls Fed BoC ECB BoE BoJ RBA RBNZ SNB SECTIONS Bitcoin Ethereum Ripple Litecoin Bitcoin Cash Cardano Stellar VeChain Chainlink MOST POPULAR COACHES Ed Ponsi Giuseppe Basile Sarid Harper Alex Ong Sam Seiden Steve Ruffley Rob Colville Nenad Kerkez Gonçalo Moreira Navin Prithyani David Pegler Walter Peters Ekta Mourya FXStreet Follow Following SafeMoon launches V2 with faster contract execution, setting prices up for a breakout Cryptos | 11/11/2021 7:57:53 AM GMT SafeMoon V2 upgrade enhances the security, quality and accessibility of contracts on the network. CEO John Karony has revealed an upcoming exchange listing. SafeMoon is adding new pairs to the swap based on a recent announcement.
Its competitors, Dogecoin and Shiba Inu faced several lows for months and years straight but are at a different position now. SafeMoon could walk the same path as its competitors and would find a ‘breakout’ all of a sudden.
Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service
NDTVहिन्दीBUSINESSMOVIESCRICKETTECHFOODCRYPTOWEB STORIESEDUCATIONAUTOSWASTHLIFESTYLEHEALTHSHOPPINGART
This is the latest in a string of recent high-profile trading problems in crypto. Synthetify, a new decentralized exchange, was forced to shut down for a while earlier this month shortly after its debut because of bad data provided by the Pyth Network, a price feed backed by some of the world's most well-known trading and exchange firms. Pyth malfunctioned another time in September, erroneously making it appear that Bitcoin had crashed 90%.
Changpeng Zhao increased crypto-asset availability as one of the founders of Binance, which has grown into one of the largest crypto exchanges. Sam Bankman-Fried, co-creator of the FTX digital asset trading platform, serves as another important individual in the industry that impacts trading, decentralized finance (DeFi) and other aspects of the crypto space.
From a technical perspective, Bitcoin’s price action appears to be contained within an ascending parallel channel that developed since Oct. 4. Every time BTC has risen to this technical formation’s upper boundary since then, it has been rejected and retraced to the pattern’s lower edge. From this point, it tends to rebound, which is consistent with the characteristics of a parallel channel.
As long as prices avoid closing below this barrier, odds favor a resumption of the uptrend toward a new all-time high at $4,574.
In an exclusive interview with Cointelegraph, Peng Zhong, CEO of Tendermint, the core developer of the Cosmos blockchain, discussed recent cutting-edge advancements in the ecosystem.
Simu Liu Is All Grown Up! The Star Details Rescuing Ducklings at 10 with His Dad: 'It Was the Best'
The SQUID token skyrocketed to a high of $2,861.80 before plunging to zero around 5:40 a.m. Monday. The meme coin's market capitalization hit an estimated $2.2 million, according to CoinMarketCap.
— Emergent BioSolutions has promoted Assal Hellmer to senior director for business communications, and Matt Hartwig to senior director for media relations. The firm also announced Katherine Getty has been promoted to director for federal government affairs.