RENO, Nev. (AP) — A former school teacher has sued the CEO of a major cryptocurrency company that wants to build a smart city in the Nevada desert, accusing him and his wife of sexually harassing her and creating a hostile workplace at their Lake Tahoe home where she worked as a nanny, tutor and assistant...
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MASSIVE WHALE BOUGHT $2 MILLION WORTH OF SAFEMOON – SAFEMOON IS ABOUT TO GO PARABOLIC – EXPLAINED
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In Q3 and Q4 of 2021, the community-driven project will focus on developing use cases for Safemoon Cash as an adoptable currency. Safemoon Cash will eventually be one of the most used cryptocurrencies for use inside and outside the ecosystem. It will introduce the Safemoon Cash Casino where users can gamble with the SMC(G) token. Additionally, the project will develop a betting protocol specifically for the Twitch gaming industry using the SMC(G) token for rewards in competitions. Safemoon Cash will ultimately be integrated with online crypto payment services.
SafeMoon utilizes a strategy wherein they prevent day exchanging of their coins to fix the value instability issue. SafeMoon declared a remuneration policy for the long-term and earliest holders of the tokens. Individuals selling the tokens will be hit by a 10% punishment charge expense on the exchanges, and 5% of these punishment exchange charges will be dispersed to the current token holders.
A large number of new adopters are also joining the market every single day. At the beginning of 2018, cryptocurrency exchanges reported that they were adding 100,000 new users every day. Many of these members will have significant vested interest in the price of cryptocurrencies going either up or down, which adds to the disruptive nature of the market and further increases volatility.
According to an article in yesterday’s New York Times (NYT), Brian Brooks departed the CEO position at Binance.US when a $100 million venture capital funding fell through. He’d been in the position for just over three months.
“Ethereum is metaverse infrastructure and ETH is metaverse money,” Hoffman added.
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In the case of cryptocurrencies, academia has barely scratched the surface with respect to identifying the determinants of their prices. For example, studies by Cheah and Fry (2015) and Corbet et al. (2018) claim that Bitcoin has no intrinsic value and that its price has persistently exhibited ‘bubble-like’ behaviour. Makarov and Schoar (2018) find that the prices of Bitcoin, Ethereum, and Ripple differ across exchanges for weeks. Outside of academia, the President of the United States recently tweeted that cryptocurrencies are based on “thin air”.1
All forms of investment and trading involve risk, including the possibility of losing the entirety of your invested capital. Such activities are not suitable for everyone and should only be carried out by individuals who understand and accept the associated risk factors.
To buy Safemoon, you have to add Binance Coin to your TrustWallet and then transfer that to Pancake Swap, where you can then buy Safemoon. This process is pretty complex, which is why many retail investors choose to invest in alternative cryptos.
Binance has recently attracted regulator attention around the world. While Binance.US is a separate legal entity from the main Binance platform, it is 90% owned by Changpeng Zhao, who started and controls Binance.com, the world’s largest cryptocurrency exchange. The NYT said it was regulatory attention in the U.S. over money laundering and tax issues combined with the common ownership that concerned potential investors. GreatPoint Ventures confirmed to the NYT it considered investing and declined.
SafeMoon technically isn't a cryptocurrency but a DeFi token, according to its website.
Some Chinese sites are "still selling" crypto, raising funds in bitcoin and ethereum. Paraguay, Argentina Are ‘Targets for Crypto Miners’, May Provide Green Bitcoin Solution
Any close below the 50% Fibonacci ratio could trigger increased selling pressure for Safemoon price. The 161.8% Fibonacci expansion sits right on top of the 2021 Volume Point Of Control at $0.0000026 and above Senkou Span B at $0.0000024. If SafeMoon price can maintain support near the 50% Fibonacci retracement, the most likely scenario is a consolidative market.