What is the North American Derivative exchange? - cyptoranking.com

2024-05-09

Popular crypto exchanges(2023 Update) 2024-05-09
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Securr Choice Award Winner: Insightic. Source: TradingViewThe price of Dogecoin (DOGE) has dropped today as the cryptocurrency market continues to weather poor conditions, with the meme token falling by 2% in the past 24 hours.At $0.060220, DOGE is also down by 6% in a week and by 5% in a month, with the original meme coin having fallen by 14% since the beginning of the year.This fall since January contrasts strongly with many other major tokens (e.g. BTC, ETH, XRP), with DOGE looking like it's suffering a long-term decline.However, the Dogecoin community still hoping that X (formerly Twitter) will eventually introduce cryptocurrency payments, DOGE could witness a big comeback eventually.Dogecoin Price Prediction as Hopes for $1 Linger – Is a Bull Market on the Horizon for DOGE?DOGE's chart looks fairly grim at the moment, and it has looked this way for well over a month now, with its indicators showing no immediate signs of recovery.Source: TradingViewIts relative strength index (purple) has remained below 50 since the middle of August, and has actually been below 40 and close to 30 for much of this time, indicating some serious overselling.Reinforcing this concerning picture is the fact that DOGE's 30-day EMA (yellow) has been comfortably below its 200-day average (blue) for much of the year, something which again suggests it's in the middle of a drawn out process of decline.It also looks bad as far as the coin's support level (green), which has been sliding since the middle of August and could easily continue sliding for the foreseeable future.The problem with DOGE is that, caught in the middle of an ongoing bear market, there is nothing fundamental holding it up and protecting it from ongoing falls.It's hard to remember when Dogecoin saw its last significant piece of news or update, with the coin almost exclusively waiting for Elon Musk to tweet some inane reference to meme token in order to prop it up.As far as the longer term picture goes, its community is hoping that DOGE payments eventually come to X, which is certainly moving in a direction that would suggest it intends to introduce digital payments of some kind.Indeed, recent months have seen X receive money transmitter licenses, meaning that it's nearing the point where it will be able to offer financial and/or payment services.Of course, plans to introduce payments doesn't guarantee that such plans will involve DOGE, even if Musk is undeniably a long-term supporter of the meme token.Because of this uncertainty, it's hard to say whether DOGE will enjoy a major recovery in the not-too distant future.Assuming that DOGE payments do come to X, it could easily return $0.10 if not much higher.But if they don't, the meme token could continue its seemingly inexorable decline, falling through one support level after another in the coming months, unless another bull market arrives.Fundamentally Stronger CoinsTraders tired of coins without fundamentals may prefer to look at some of the newer tokens on the market that do boast actual use cases, with some of these currently holding their presales right now.For example, TG.Casino (TGC) is a decentralized casino platform that will combine online betting with social networking.Having begun the presale for its native TGC token a few weeks ago, TG.Casino has already raised in excess of $500,000, a sign that investors are being won over by its fundamentals and roadmap.As a casino platform, TG.Casino offers a wide variety of online games and gambling experiences, with its platform having already launched and having already begun attracting a growing userbase.But what distinguishes the platform from its rivals is the fact that it also operates on Telegram, which it has begun using in order to tap into the large online communities that already exist on the popular social messaging app.This harnessing of Telegram has given TG.Casino a headstart over many of its competitors, with the platform's success in a raising half a million dollars suggesting that the use of the app is already paying off.Its native token, TGC, will have a hard cap of 100 million, with 40% going to its presale, 20% going to staking rewards and 10% to gaming rewards.Such a distribution is likely to motivate greater involvement from its community, increasing the chances that TG.Casino will have a long and fruitful lifespan.New buyers can join the presale by heading over to the official TG.Casino website, where 1 TGC costs $0.125.TGC will remain at this price for the entire presale, yet once it lists on exchanges in the next few weeks it could easily rise much higher.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.Ethereum Price Prediction as $1,800 Level Comes into Play – What Are the Indicators Showing? What is the North American Derivative exchange?ETH, MATIC, SOL, and ETC were at risk of entering a strong downward move in the next few days. He taught himself to paint with videos and books, building on childhood museum visits.

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Friend.tech SIM-swap scourge continues as scammer nets $385K in Ether Framework Ventures co-founder Michael Anderson adds to the criticism, arguing that the author’s skewed version of reality just doesn’t seem to add up. 10 Best Cryptocurrency Apps for Beginners in 2023Types of Bitcoin Mining Rigs BAPE and Tamagotchi have teamed up to launch co-branded products in both of their respective spheres, dropping specially branded Tamagotchi gaming devices along with BAPE apparel that features imagery from both brands.

Ukraine is not a member of the European Union (EU) nor of the North Atlantic Treaty Organization (NATO) despite having applied for membership in both. The European Commission wants Ukraine to reform its media, judiciary, and anti-corruption laws before considering it for EU membership. *This is not investment advice.ETH Drops To One-Month Low: What's Ahead For Ethereum? Best Crypto Exchange Based On Consumer Ratings1/ It’s official. #ItsStillStableSeptember and $USDC is now available natively on @0xPolygon PoS mainnet!Learn the benefits of native USDC and how to switch from bridged USDC.e https://t.co/KcK55sT4KH pic.twitter.com/Gm6HjR62KW 3Commas users affected by the API leak called for refunds and an apology for being gaslighted.

Deleted accounts The image above illustrates how four whale wallets withdrew 40.59 million STORJ worth $20 million from exchanges in the past month. When whale investors start moving tokens from exchanges, they opt for long-term self-custody, potentially for future gains. How to Invest in Bitcoin Safely for Beginners 2022Source: Sam Cooling x XreschAbracadabra Finance has put forth a proposal aimed to adjust interest rates to mitigate the risk of bad debt resulting from an $18 million loan to Curve Finance founder Michael Egarov. The proposal suggests hiking interest rates on the loan to 200% on two specific pools known as "cauldrons," which consist of CRV tokens belonging to Michael Egarov. The current interest rate on Egarov's $18 million loan is 18%, but the proposed protocol aims to raise it to a whopping 200%, effectively squeezing Egarov out of his position. By doing so, Abracadabra hopes to limit its exposure to CRV tokens to only $5 million.The proposed interest rate hike is not a sudden increase in rates, but rather a gradual decrease that starts at 200% and decreases as the loan is repaid through the automatic sale of CRV tokens. Developers anticipate that this strategy will result in the loan being fully repaid within six months, with all proceeds going to the Abracabadra treasury. "The effect of collateral-based interest is such that all interest will be charged directly on the cauldron’s collateral and will immediately move into the protocol’s treasury to increase the reserve factor of the DAO," the proposal reads."We believe this solution will reduce negative externalities associated with such positions compared to a simple interest rate hike"Big Whale Opposes Abracadabra Finance's Proposal It is worth noting that the proposal initially gained substantial support from the Abracadabra community.As of Wednesday at 13:00 UTC, a majority 99% of votes were cast in favor of the prposal. However, the poll has since changed course after a big whale voted against the plan. Earlier today, whale masterofdisaster.eth cast 10 billion SPELL tokens against the proposal.As of now, a majority 72% of votes are against the proposal, with another 27% supporting the change.Abracadabra community member known as "0xthespaniard" had previously voiced concerns about the risks associated with such a large loan.In a June post, the user acknowledged that the 18% interest rate contributes significantly to the protocol's profitability, but also highlighted the platform's asymmetric downside risk. At the time, they said that a liquidation event could prove fatal for the Abracadabra protocol due to the anticipated price impact on Curve's decentralized exchange.As reported, Curve Finance, a major player in the stablecoin swapping landscape, recently experienced a security incident that led to the loss of more than $100 million worth of crypto assets. The exploit also resulted in a decline in the price of CRV tokens, putting a $168 million holding belonging to founder Michael Egorov at risk of being liquidated. Crypto Billionaire Arthur Hayes' Vision: AI DAOs to Become Invincible, Driving DeFi's Supremacy over TradFi The widening trend of Bollinger bands in the CYBERUSD price chart, with the upper and middle bands at $5.17189606 and $4.78807254, indicates higher market volatility.

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