Check out the StepN Punks community on Discord - hang out with 1,866 other members and enjoy free voice and text chat.

Free stepN sneakers giveaway every day....join and participate and check the instructions in giveaways channel ✌️

That’s why in this article, we present the ideas on how to make a profit in a bear market and a list of cryptocurrencies to invest in.

Can You Make a Profit in a Bear Market? If so, How?

It is not an easy job to represent a large community like Bitcoin Cash in my country and also to be a staunch advocate, content creator, promoter and other attributes for Bitcoin Cash, nights are...

After two years of untired work for BCH I have been featured in the Taiwan Bitcoin Cash Website🙏

The global crypto market still trades with losses with Bitcoin down by 3.5 per cent, Ethereum (ETH) by 3.3 per cent. Meanwhile, Ethereum may switch to newer proof of stake protocol latest by August.

Crypto Markets Still In The Red; Ethereum May Transit Into Proof of Stake Within 2 Months

The second version of a crypto whose predecessor is embroiled in lawsuits finds itself defying the odds on the price charts.

The second version of a crypto whose predecessor is embroiled in lawsuits finds itself defying the odds on the price charts.
SafeMoon (SFM) is the rebranded follow-up to SafeMoon (SAFEMOON), a so-called meme coin that initially skyrocketed after launching to great fanfare due to celebrity hype in March of 2021 before crashing two months later.
The new version of SafeMoon is targeting the decentralized finance (DeFi) space by building its own exchange, which is currently under construction, as well as offering a branded credit card that is accepting pre-launch sign-ups. The SafeMoon wallet is live and can be downloaded from the App Store or Google Play.
According to the project website, SafeMoon is also interested in creating products for the metaverse, commerce and non-fungible tokens (NFTs).
While v2 of SafeMoon moves ahead, the original incarnation is caught up in three class-action lawsuits.
Bloomberg Law reports that the founders of SafeMoon LLC are accused of defrauding investors for hundreds of millions of dollars via artificial price inflation after it was revealed that network transaction fees were not actually locked in liquidity pools as stated.
The U.S. Securities and Exchange Commission (SEC) is also going after SafeMoon for failing to register the crypto asset as a security. Last May then-incoming SEC head Gary Gensler made a point of calling out many cryptos as securities and expressed his intention to regulate the industry.
SafeMoon launched in March of 2021 with a price of $0.000000044360, then skyrocketed to an all-time high of $0.000010943471 in less than two months, before a cascade of controversies brought it back down to earth. After a November rally to $0.00000635, SAFEMOON resumed its decline and is currently worth a mere $0.000000108860.
SFM, which debuted on December 21st of last year, has recovered nicely after the overall crypto market crash last week, with SafeMoon rising 134% from a May 11th low of $0.000282 to its current trading price of $0.000660.
Check Price Action
 
Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox 
 
Follow us on Twitter, Facebook and Telegram
 
Surf The Daily Hodl Mix
 

&amp;nbsp
 Check Latest News Headlines 
 
 
 
 Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. 

Featured Image: Shutterstock/Hangouts Vector Pro/Natalia Siiatovskaia

Safemoon in the news on DalyHodl. Looks like they wrote a pretty good non bias article about SFM that doesn't express any opinions. Well done.

Coinbase capitalizes on the altcoin craze to profit off users. Their “Top 10 Picks'' omits bitcoin and everything else on the list has performed poorly.

The below is a direct excerpt of Marty's Bent Issue #1212: “Save a friend, tell them to get out of the Coinbase casino.” Sign up for the newsletter here.
You'll often hear “Bitcoin maximalists” derided for being anti-free market when cautioning newcomers to stay away from altcoins and the exchanges that push them. Those snake oil salesmen who hiss at Bitcoiners often say that they are simply afraid of competition and don't want to admit that “Bitcoin has stagnated” and “the devs have gone elsewhere.” In reality, many Bitcoiners warn newcomers to stay away from shitcoins and the casinos that list them for trading because they have seen hoards of people led to slaughter by the siren calls of opportunists who care not about human freedom, sound money or decentralization, but being able to make as much money as possible. No matter how unethically it is acquired.
I highly recommend you freaks — especially any of you who have fallen prey to the siren calls of “a better Bitcoin” — to read through this thread from Sam Callahan, which dives into the overtly predatory tactics of Coinbase and their penchant for listing pre-mined altcoins that are utter trash and get auto-dumped on an unsuspecting retail market. Not only that, but Coinbase tends to hide bitcoin deep in the app so their customers overlook it or simply never find it. They are much more incentivized to siphon off fees from shitcoin trading than actually educating individuals about bitcoin and helping them acquire as much as possible.
I would call it a shame, but it's really worse than that. It's quite disgusting actually and Coinbase and its backers should be utterly ashamed of themselves for engaging in this type of bucket shop activity. A once somewhat respectable brand has completely turned itself into a contemptible bad actor that should be avoided at all costs.
Save yourself, your family and friends. Get your bitcoin off Coinbase and advise your network to do the same.

Coinbase Leads Users Astray By Recommending Everything Besides Bitcoin

Polygon is on a mission to become The Internet of Blockchains

Polygon: Scaling Ethereum for Mass Adoption

A collection of 10,000 utility-enabled PFPs that feature a richly diverse and unique pool of rarity-powered traits. What's more, each Moonbird unlocks private club membership and additional benefits the longer you hold them. We call it nesting – because, obviously.

A collection of 10,000 utility-enabled PFPs that feature a richly diverse and unique pool of rarity-powered traits 🦉 The Moonbirds collection is now available to buy, sell, trade, and collect on ghostmarket.io!

Meta Platforms Inc., formerly Facebook, has filed five trademark applications with the USPTO for "Meta Pay."

Facebook Owner Meta Files Trademark Applications for 'Meta Pay' Covering Crypto Services 


Meta Platforms Inc., formerly Facebook, has filed five trademark applications for “Meta Pay.” The filings cover a wide range of cryptocurrency services. The company is renaming Facebook Pay to Meta Pay.
 Trademark Applications for Meta Pay 
Meta Platforms Inc., formerly Facebook, filed five trademark applications for “Meta Pay” with the United States Patent and Trademark Office (USPTO) last week.
Trademark attorney Josh Gerben tweeted explaining Wednesday that, in his opinion, Meta’s applications indicate the company is planning to launch a payment platform called Meta Pay for users to exchange regular fiat money for cryptocurrencies.
Meta’s head of fintech, Stephane Kasriel, explained last week that the company is “investing more” in its existing payments experiences, noting that it has been in payments since 2009.
“Today, people and businesses use our platforms to make payments in 160 countries and 55 currencies,” Kasriel wrote, elaborating:
 The experience that people see today is Facebook Pay, but we’ll be bringing that closer to the Meta brand soon by renaming it Meta Pay. 
In March, Meta filed eight trademark applications for its logo covering the metaverse as well as a wide range of cryptocurrency services.
What do you think about Meta filing trademark applications for Meta Pay? Let us know in the comments section below.




 
Kevin Helms 

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography. 



Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Facebook Owner Meta Files Trademark Applications for 'Meta Pay' Covering Crypto Services

The singer refused an offer to play an online gig for the virtual currency

Pop star Lily Allen has voiced her regret at refusing to accept payment in Bitcoins for a gig.
The "Hard Out Here"” singer was asked to perform on 3D chat website Second Life from the comfort of her home “about five years ago”.
She turned down the offer as the virtual currency was worth only a small amount at the time and largely reserved for experimental use in online games.
The 28-year-old’s head is now in her hands as a single bitcoin is currently valued at $974 (£593), making “hundreds of thousands” a huge fee to have rejected. Allen’s fortune could be worth more than 20 times her £6m reported worth had she accepted Second Life’s offer.
The price has fluctuated since the first transaction using the currency took place in July 2010, when two Papa John's pizzas were bought with 10,000 Bitcoins. Up until 2011, one unit was worth just 15p.
Last year, the value of one Bitcoin started at $13.30 (£8) in January and rose dramatically to hit $1,127.45 (£687) in early December.
Among those to have missed out on a fortune is IT worker James Howells.
He obtained 7,500 Bitcoins in early 2009 when the currency was launched publicly, but stored them on a laptop hard drive that he later threw away by mistake.

Latest News

Recent News