Tuesday, January 31

Tag: safemoon

Bitfury To Be Worth ‘Billions’ with IPO Rumors Resurface
Crypto

Bitfury To Be Worth ‘Billions’ with IPO Rumors Resurface

Another wave of speculation regarding the possibility of Bitfury's initial public offering (IPO), the leading supplier of blockchain infrastructure and software solutions.According to The Daily Telegraph, the business, which is also a major participant in the Bitcoin (BTC) mining sector, has enlisted the assistance of multinational consulting firm Deloitte. According to the publication, it has received information suggesting that the offering may fetch "billions of pounds."Bitfury, based in the Netherlands but registered in the United Kingdom, was allegedly valued at around USD 1 billion in its most recent funding round. The article states that if the listing occurs, it would be the largest ever for a European crypto and blockchain company. Bitfury's first public offering is l...
Investing in Cryptocurrency for Passive Income in 2021: The Top 6 Ideas
Crypto

Investing in Cryptocurrency for Passive Income in 2021: The Top 6 Ideas

Getty ImagesPassive income is earned when a person is not actively engaged in business endeavors. Generally, all you need to do is invest your money or digital assets in a certain crypto investing strategy or platform and wait for it to produce a profit. Earnings are sometimes set and predictable. In others, a number of uncontrollable variables may come into play.A common method for people to get a return in crypto with little to no participation is via purchasing and holding crypto — a practice dubbed "HODLing" in the industry. This indicates that an investor is willing to buy a digital asset with the expectation that its value will increase substantially in the future. These investors are willing to go the distance, since this long-term approach may require them to hold holdings...
What Is SafeMoon and How Does It Work? Is This a Truly Secure Investment?
Crypto

What Is SafeMoon and How Does It Work? Is This a Truly Secure Investment?

SafemoonSafeMoon has garnered considerable attention this year, but is it really a secure location to save your funds?This crypto bull run bears many parallels to the 2017 run-up. During that period, it seemed as if cryptocurrencies were growing out of the ground at an accelerating rate.Important PointsSafeMoon is a BEP-20 coin that was released on March 8, 2021, on the Binance Smart Chain (BSC) ecosystem.SafeMoon is composed of three primary components:The first is a "reflection" fee applied to SafeMoon transactions that is paid to token holders; The second is a cost applied to transactions that is allocated to different liquidity pools on Pancake Swap and other platforms; The third is a token burn that happens on each trade.SafeMoon is based on the Binance Smart Chain, whic...