CME Group Announces First Day of Trading of Event Contracts on Bitcoin Futures - cyptoranking.com

2024-05-05

Popular crypto exchanges(2023 Update) 2024-05-05
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Ethereum price dipped to the $1,550 range before a quick pullback to $1,570 but prospects for more losses remain. Archivers CME Group Announces First Day of Trading of Event Contracts on Bitcoin FuturesWhy is XRP price up today? In all previous cycles, the bull market peak has come the year after the halving, putting it in 2025 sometime.

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Amid the ongoing downtrend in XRP price and transactional activity, a resilient group of crypto whales has been spotted buying millions of coins. Source: TradingViewThe Cardano price has increased by 1% in the past 24 hours, reaching $0.260110 as the wider cryptocurrency market barely moves today.ADA's rise means that it has become the ninth-biggest coin in the market in terms of capitalization, with the altcoin also up by 6% in a week and by 1% in the last 30 days.The cryptocurrency has also risen by 5.5% since the beginning of the year, and with the market showing some signs of long-term recovery earlier this week, Cardano's fundamentals could help it see more gains in the near and more distant future.Cardano Price Prediction as ADA Becomes Top 10 Coin in the World – Can ADA Reach $100?ADA is showing encouraging signs of strength at the moment, with its indicators warming up but still have plenty of space left to rise before the coin becomes overbought.Source: TradingViewIts relative strength index (purple) is rising to 60 after struggling to hit 40 around a week ago, with the coin's growing momentum potentially on course to increase further in the coming days.At the same time, ADA's 30-day moving average (yellow) looks as though it's about to begin rising up toward its 200-day average (blue), after having spent months well below the longer-term indicator.In other words, ADA has been oversold for too long, so today's rise could be the beginning of a much-needed recovery rally.There's no particular fundamental reason or piece of news as to why ADA is rising today, yet it needs to be remembered that Cardano continues to grow and develop as a layer-one blockchain network, and that its development ultimately means that ADA should rise sooner or later.Indeed, Cardano's total value locked in has risen by 220% since the beginning of the year, and given that this percentage far exceeds ADA's gains over the same period, it has to be concluded that the rising TVL is due to rising usage.Other signs of rising usage come from the data, which shows that Cardano now has 144 projects up and running on its platform, as well as 1,287 projects currently under development.Yes, Cardano's growth has been slow and steady, but it's arguable that it's closing in on reaching a critical mass that should see its adoption and usage rates increase considerably.And in turn, ADA is likely to rise in value with it, with the altcoin potentially on track to reach $0.30 in the next couple of weeks and then $0.40 in the final month of the year.Other Fundamentally Strong AltcoinsWhile ADA is a fundamentally sound token, its progress continues to be gradual, so traders looking for faster, above-average gains may be advised to look elsewhere at the moment.Presale tokens have provided one promising source of high returns this year, with Wall Street Memes (WSM), for example, already racing to 260th in the overall cryptocurrency market after its successful sale.And one of the most interesting presales happening right now belongs to TG.Casino (TGC), a decentralized casino platform that will combine online gaming and gambling with social networking.TG.Casino has already raised more than $400,000, despite the fact that its sale began only a couple of weeks, meaning that investors are quickly jumping on the coin in the belief that it could do well.What makes TG.Casino different from many of its rivals is that it will have a strong presence on Telegram, harnessing the messaging app's pre-existing communities to provide itself with a large and growing userbase.This use of Telegram will give TG.Casino an edge over its competition, with its base of supporters likely to help boost its native token and recruit further users.On top of this, TG.Casino will feature a wide assortment of online games and gambling experiences, which will give users the chance to earn rewards in TGC.As the platform's native token, TGC will be open to staking and will have a hard cap of 100 million, with 40% set aside for its presale, 20% going to staking rewards and 10% to gaming rewards, all of which will incentivize strong engagement from its community.To join the presale, new investors need only go the official TG.Casino website, where 1 TGC will cost $0.125 for the duration.From there, the coin will then list on exchanges once the sale has closed, potentially becoming another 2023 success story.Visit TG.Casino NowDisclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.Solana Price Prediction as Accumulation Continues at $20 Level – Can SOL Reach $1,000 in the Next Bull Run? Crypto wallet BitKeep to integrate decentralized derivatives exchange SynFuturesThe list of the top DeFi categories ranked by TVL also included service, yield farming, and real-world assets. Service is ranked number six with a total value locked of $4.2 billion, followed by yield farming with a $3.4 billion TVL. Lastly are real word assets, which CryptoRank described as “the new DeFi trend”, with a TVL of $2.4 billion, an 84.6% increase over the past thirty days. Several crypto executives and developers in the country told CoinDesk they weren’t experiencing severe business disruptions – many of them are working remotely. They were mainly dealing with the personal elements of the attack such as the stress and annoyances of bare supermarket shelves and responding to security scares.

“How many of those games are pivoting back into Web2?” he asks. “Probably a decent amount.” NFTs have carved out a niche and become a more independent sector of the digital assets industry. Where to Buy Ethereum in the UK?-Beginner's GuideA closer analysis of Ethereum’s current price movements reveals bearish forces. The 9-day exponential moving average (EMA) has risen above the current trading price, settling at $1,656. At the same time, the daily relative strength index (RSI) stands at 41, indicating that the asset is nearing oversold territory. Binance and CEO CZ Face Harsh Allegations In Brazil

A single scammer has reportedly managed to steal around $385,000 worth of Ether (ETH) in less than 24 hours amid a scourge of SIM-swap hacks seemingly targeting Friend.tech users.On Oct. 5, blockchain sleuth ZachXBT reported the same scammer had pilfered 234 ETH over the past 24 hours by SIM-swapping four different Friend.tech users.The on-chain movement of crypto assets was traced back to the same hacker who drained the accounts of the four victims.The same scammer profited $385K (234 ETH) in the past 24 hours off SIM swapping four different FriendTech users. pic.twitter.com/03BoBEqGax— ZachXBT (@zachxbt) October 4, 2023 “Most of the CEOs in the NFT space have been CEO of their project while it went down 95% in price. Pudgy Penguins today are pretty close to their all time high price conversely to most of the rest of the market,” Gordon-Sand said. IRS releases first cryptocurrency guidance in five yearsSome cryptocurrencies, for example Monero, have put mechanisms in place to prevent such a scenario. For example, Monero will keep its current 0.6 XMR block reward in perpetuity to ensure that miners will continue to be sufficiently incentivized. However, the trade-off is that the XMR supply will continue to slowly inflate over time. One well publicized use case is an identity management program called BPASS. Busan and Coinplug pioneered the program, which uses decentralized identifiers (DID) so residents can anonymously authenticate themselves when applying for public or private services. BPASS users can store their driver’s license, library card and even university graduation certificates on mobile devices.

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