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2024-05-02

Popular crypto exchanges(2023 Update) 2024-05-02
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Cryptonews: What are the pressing challenges involved in launching a CBDC and how to address those immediately? Advancing the Digital Assets Frontier | Synthesis Partners with ANSG to Catalyse Growth Beyond Speculation best crypto exchange— Santiment (@santimentfeed) October 9, 2023 Technical indicators suggest the downtrend momentum of the MKR crypto price. The relative strength index showcases the downtrend momentum of Maker crypto. RSI was at 49.40 and is heading towards the neutral to be oversold.

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Crypto, whether you like it or not, is going to become an industry, and — if it truly proves the widespread utility it has claimed, especially as scaling challenges are met and bad actors are flushed out — might be all the better for it. Currently, only two cryptocurrency exchanges — Hashkey and OSL — are fully licensed for retail investment purposes in Hong Kong. Which crypto is started by Indians?CEO Jason Les revealed that this contract had contributed significantly to the firm's revenue, bringing in $11.0 million in Power Credits and $2.5 million in Demand Response Credits. Notably, Riot Platforms' power curtailment credits exceeded the net proceeds from Bitcoin sales in August and September. Uniswap

On the other hand, exchanges like CryptoExchangeXYZ and AltcoinMart have not navigated the regulatory landscape successfully. They operate without FCA approval, positioning themselves outside the legal boundaries of the UK's crypto framework. The Financial Conduct Authority (FCA) in the United Kingdom additionally revised its warning list recently, which now includes Huobi, KuCoin, and another 140 digital asset providers. The FCA is tightening up on laws and as of October 8th, crypto firms will be subject to those requirements. In this week’s newsletter, check out Glassnode data that shows nonfungible token (NFT) protocol Bitcoin Ordinals may not be clogging the network. Read about British politicians using the metaverse to discuss opportunities and challenges in Web3, and find out why Rolling Stone says NFTs are “finally totally worthless.” And don’t forget this week’s Nifty News, featuring world-renowned artist Takashi Murakami saying he might not release any more NFTs. U.K. politicians don metaverse avatars as they share Web3 roadmapPoliticians in the United Kingdom gathered in the metaverse on Sept. 20 to set out a vision for the country’s Web3 and blockchain industry. The gathering included eight British Lords, politicians and global leaders speaking about both the opportunities and challenges that the growth of Web3 technology could bring. According to Natalie Elphicke, a member of parliament who appeared with a unique avatar in the metaverse, Web3 “reimagines the very fabric of the internet,” representing a paradigm shift. Continue readingBitcoin Ordinals haven’t wrestled blockspace from money TXs: GlassnodeData from on-chain analytics firm Glassnode shows that despite concerns the NFT-like Bitcoin Ordinals protocol is clogging the Bitcoin network, there’s little evidence to prove it. According to Glassnode, inscription users tend to set low fee rates, showing they are more willing to wait longer for confirmation. “Inscriptions appear to be buying and consuming the cheapest available blockspace, and are readily displaced by more urgent monetary transfers,” the firm explained in its on-chain report. Continue readingNFTs are “totally worthless” says mainstream media, community respondsMedia outlet Rolling Stone has declared that NFTs are “finally totally worthless” in a recent report. The firm cited the findings of a DappGambl study on the NFT landscape. According to the data, up to 95% of NFTs owned by over 23 million users have no value at all. Members of the community responded to the report, with some showing previous articles from the media outlet that promoted the Bored Ape Yacht Club collection. The community member highlighted the drastic shift in the media narrative regarding NFTs. Continue readingNifty News: Murakami to step back from NFTs, Dan Harmon’s NFT show debut and moreJapanese artist Takashi Murakami has recently said he might not release any more NFTs after entering the market in 2021. The artist said in an interview with The Guardian that maybe he is “done releasing NFTs.” Murakami’s NFT collection Murakami.Flowers generated over $40 million in secondary trading volume, according to data from NFT marketplace OpenSea. Meanwhile, NFT artist Danny Casale recently won a multimillion-dollar contract dispute with a Web3 art curator called DigiArt. DigiArt sued Casale in March 2023 for allegedly breaching their contract after launching his own NFT project. However, a judge has taken the artist’s side as there was no contract start date specified. Continue readingCHECK OUT COINTELEGRAPH’S NFT STEEZ PODCASTThanks for reading this digest of the week’s most notable developments in the NFT space. Come again next Wednesday for more reports and insights into this actively evolving space.Bitcoin Ordinals haven’t wrestled blockspace from money TXs: Glassnode How to sell Bitcoins and other crypto without paying taxesThe SEC vs. Ripple lawsuit will have far-reaching consequences for the cryptocurrency and blockchain industries. Oh, I nearly forgot the most revolutionary addition: The models come with USB-C.

Web3 gaming, a sector frequently criticized for being overrun by “whales” focused more on quick profits than sustainable growth, often comes under fire for its lackluster game design, subpar graphics, and questionable user experiences. Even though the price trades in a bullish pattern, the weekly RSI is bearish. When evaluating market conditions, traders use the RSI as a momentum indicator to determine if a market is overbought or oversold and to decide whether to accumulate or sell an asset. Bitcoin for Beginners: What You Need to Know about BTCDisclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.Bitcoin Flashing Signs of Returning Strength Amid Tumultuous Macro Backdrop, Says Lead Glassnode Analyst The SEC's main contention is that Ripple and its officials engaged in an ongoing and unregistered securities offering in which they raised approximately $1.3 billion in XRP sales. The SEC also claims that Ripple's founders, Brad Garlinghouse and Chris Larsen, benefitted directly from these sales.


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