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“This is because if the bill passes, exchanges will have to issue 1099-B tax forms with cost basis information to investors,” Shehan Chandrasekera, CPA, head of tax strategy at CoinTracker.io, a crypto tax software company, recently told NextAdvisor. “This will significantly reduce the crypto tax filing burden.”

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Luke Martin, a well-known cryptocurrency trader, described the price trend of SafeMoon as "unSAFEMOON" after it dropped 65% in a short period on April 22. .

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SafeMoon may have some investors concerned that it will not return to its prior glory. Despite a very promising starting performance, SafeMoon has settled far below the hopes of the investors that held onto the token.
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Senator Pat Toomey continues to oppose the infrastructure bill, while also getting critical of the Biden administration’s stablecoin report. Shiba Inu (SHIB) Price Struggles as Whale Wallet Starts Moving Coins

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Bitfury has appointed former Binance US boss Brian Brooks as CEO. Former financial regulators are in control of one of the world’s largest crypto mining outfits when the industry is booming.

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    But while it’s based on sound, democratic principles, cryptocurrency remains a technological and practical work in progress. For the foreseeable future, nation-states’ near-monopoly on currency production and monetary policy appears secure.

    SQUID Cryptocurrency Grows by 600 Percent as Investors Seeking Next 'Moon Shot' Back It Up
    SafeMoon price has retraced more than 46% from the new all-time highs established on October 29th. SafeMoon remains 40% below its all-time highs. A strong confluence zone of support may limit and further selling pressure. SafeMoon price is at an inflection point. A massive gap between the top of the Cloud (Senkou Span B) and the Kijun-Sen indicates that any move below the Kijun-Sen could trigger intense selling pressure to test Senkou Span B as support. However, support does exist between those two Ichimoku levels.

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    NextAdvisor Investing Cryptocurrency Bitcoin Is Down After Setting a New All-Time High. Here’s How Investors Should React to the Volatility Advertiser Disclosure Bitcoin Is Down After Setting a New All-Time High. Here’s How Investors Should React to the Volatility

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    The SafeMoon Protocol is a community driven, fair launched DeFi Token. Three simple functions occur during each trade: Reflection, LP Acquisition, & Burn.

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    Numerous promises were made by the Safemoon team, which haven’t been delivered on. Although the price decreases could be a variety of things, it’s likely a slow burn of investors selling their holdings and depressing the price.

    Cryptocurrency researcher Larry Cermak noted that a recent SafeMoon livestream had 50,000 viewers.
    Cryptocurrency markets are decentralised, which means they are not issued or backed by a central authority such as a government. Instead, they run across a network of computers. However, cryptocurrencies can be bought and sold via exchanges and stored in ‘wallets’ .

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    Shroder will oversee the company’s strategy and execution, fundraising, business and corporate development as well as manage the firm's Legal, HR, and product and technology functions, says Binance.US. Brooks quit a month ago, citing "differences over strategic direction" at the cryptocurrency exchange, which has been dogged by regulatory issues around the world, with watchdogs in the UK, Japan, Hong Kong, Germany and Thailand among those to take action over AML and consumer protection concerns. In a statement, Shroder stresses that Binance.US has established itself as "regulatory compliant" as well as profitable, serving millions of customers. During nearly three years at Ant Group, Shroder focused on growing and expanding the company’s operations and global partnerships. Prior to Ant, he was head of strategy and business development for Uber in their Asia Pacific region. Shroder's brother Matt joined Binance in February 2020 as VP, global expansion operations. Lead Channel
    The coin has also won a handful of celebrity backers, from former boy band stars to pro athletes.

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    Other criticism of the founding team has come on the back of several promised developments of a Safemoon ‘ecosystem’ (including a bespoke wallet application) that have thus far fallen short of expectations.

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    The news came mere days after Miami Mayor Francis Suarez announced that he's going to take his next paycheck entirely in BTC.

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    The Financial Conduct Authority (FCA) warns people about the risk of investing in cryptocurrencies, referencing price volatility, product complexity, charges and fees, marketing materials and consumer protection.

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