Either way, SafeMoon investors seems satisfied that token ownership is being diversified and spread across the community rather than being controlled by a few whales. Though new whales appear to be sprouting up by the day.
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Headed by Canadian Changpeng Zhao, Binance offers a wide range of services globally, from crypto spot and derivatives trading to tokenised versions of stocks, as well as its own cryptocurrency, Binance Coin.
Plus, a short seller’s $1m ‘bounty’ on Tether, more outflows from unloved UK stocks and Tom Stoppard’s Leopoldstadt
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While great in the short-term, this surging demand for ether also poses a long term problem for the asset.
Bitcoin would need to move through the $61,447 pivot to bring the first major resistance level at $62,158 into play.
At the same time, other blockchains such as Solana and Cardano — whose ADA coin briefly became the third most popular crypto last month — are also winning over users.
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.
EmmerdaleFans of the Yorkshire based soap all flocked to have their say during the Thursday night edition of the show.
Accounts that hold vast amounts of a cryptocurrency may begin to sell, causing prices to plummet. These accounts are known as whales because they have a significant position and can influence the market if a group of people agrees to sell crypto assets.
As this platform does business as a separate entity from Binance, the users’ digital assets will be stored in Binance.US wallets only.
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When you talk about cryptocurrencies, there's still a lot of ambiguity as far as rules and regulations around the same are concerned. If your cryptocurrencies are held for more than 36 months, your gain will be categorised as long-term capital gains. But your gains from a shorter period of time will be categorised as short-term capital gains. These gains are taxable at different rates. The long-term gains are subject to tax at a rate of 20 percent. The others, however, including the ones where gains are received during a shorter period of time, are subject to tax at the applicable personal taxation rates.