Best crypto exchanges and apps May 2023 - cyptoranking.com

2024-05-03

Popular crypto exchanges(2023 Update) 2024-05-03
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Hong Kong's Unwillingness Simpson feels that the backgrounds of Eddequiouaq and Faizullabhoy “are exactly what’s needed to really be able to tackle this problem.” Best crypto exchanges and apps May 2023It is speculated that Web 3.0 or the spatial web will become the heart of all emerging sophisticated technologies, and the advent of the metaverse has been referred to as the next generation of the internet. While money supply and velocity have been trending downward as of late, there’s little reason to believe that the monetary policy of quantitative easing (QE, also sometimes referred to as money printing) has vanished completely. More likely, it simply lies dormant for a time.Slow and steady wins the raceFor many Bitcoin and crypto cynics, no amount of evidence will alter their convictions. Once a Ponzi scheme, always a Ponzi scheme, in their view. But hodlers have taken the orange pill and seen the truth while reaping the just rewards.While Bitcoiners can invite others to the cause, no one can force a worldview on another. Even if that view has long since become self-evident.BTC is up 87% year-to-date. Still, the price remains 44% beneath the all-time high of $69,000. The next halving is less than one year away, projected for May 2024. Following this event, along with the prospect of increased institutional adoption in the immediate future, it’s widely anticipated that the Bitcoin price could reach six-figure territory and beyond during this cycle. Collect this article as an NFT to preserve this moment in history and show your support for independent journalism in the crypto space.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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Binance Liquid Swap to Delist Ripple (XRP) Pair as Transactions Decline to 2023 Lows Last year, Elliptic predicted that illicit or high-risk funds laundered through cross-chain bridges, decentralized exchanges and coin-mixing services could reach $10.5 billion by 2025.Another Friend.tech User Loses Entire Portfolio to Phishing Scam Top 2023 DeFi Trends to Watch for Crypto InvestorsElevate Your Trades with $LPX Tokens: Unlock VIP Access on Launchpad xyz “It’s not like, ‘hey, let’s just dump a bunch of yield into it and compete with DAI.’ Our view is we want to complete this design,” Kazemian said. “In order to complete a dollar-pegged stable coin, you need a way to bring the Fed yield on-chain.”Ethereum is ‘much more centralized than folks realize’: Blocknative’s Matt Cutler

Source / Sam Cooling x Olimpov ArtAs leading Gamefi project Gala Games (GALA) continues to tumble in the fallout of a major legal dispute between co-founders Eric Schiermeyer and Wright Thurston - with the future of GALA at risk, bag-holders are asking 'is GALA going to zero'?This comes amid allegations of theft amounting to $130 million in Gala tokens and corporate mismanagement by Thurston, alongside his investment firm True North United InvestmentsWhile Thurston's counter-claim alleges Schiermeyer lent Gala's funds to himself for personal use, and even purportedly created Gala-related entities in Switzerland and Dubai, positioning himself as the controlling shareholder to pursue his own business interests.Yet, despite the dramatic legal dispute, there are signs of life in the GALA ecosystem as top game developer, Peter Molyneux, announced a launch date for a new GameFi business simulator in conjunction with Gala Games.The blockchain-based ‘Legacy’ title will launch on October 26, and feature Land NFTS and in-game earning mechanisms.GALA Price Analysis: Can Legacy Launch Save Gala Games from Going to Zero?As price action enters localised retracement, Gala Games is currently trading at a market price of $0.014 (representing a 24-hour change of +0.69%).This comes following a brief recovery by GALA following a break back above the 20DMA on September 29, in a +23% move that saw GALA recover almost a month of lost value.TradingView / GALA USDTPrice action is now fighting to consolidate above the 20DMA at the $0.0145 level.Meanwhile, the 200DMA remains descendant but high up at $0.0267 - a level untouched for 154 days since May 5.Despite the impressive upside recovery, the RSI has remained at low bullish divergence - indicating the potential for a strong rally from the potential foothold of support developing above the 20DMA.While the MACD has also flipped to a bullish signal at 0.00031 - signalling the appetite and buy pressure at this level is strong.Overall then, Gala Games faces an interesting duality here - with technical structure appearing incredibly poised for a break-out rally, but trading against a background of significant risk stemming from the founder's legal dispute.TradingView / GALA USDTTo the upside, a bounce here would target higher support at $0.02 (a potential +37.65%).While downside risk remains significant, with a potential tumble back down to lower trendline support at $0.012 (a possible -17.4%).This leaves Gala Games with a risk: reward of 2.16 - a strong entry with upside potential, but risking serious downside stemming from the founders legal dispute.But while GameFi enthusiasts are balancing the potentially catastrophic legal battle against a moderate +37.65% gain, smart money are betting big on an emerging meme coin project aiming to capitalize on inter-community tribalism.Meet Meme Kombat: Community Battles Meme Coin Races to +$350k RaisedSource / Meme KombatMeet Meme Kombat, a trailblazing initiative that has seamlessly blended the memetic love of nostalgic gaming, and GambleFi, into a decentralized Web3 platform.So, what makes Meme Kombat tick, and why should potential investors keep a keen eye on this presale?The essence of Meme Kombat lies in its captivating arena where characters aiming to tap into deeply tribal crypto communities lock horns.Players have the liberty to place their bets on these animated battles, predicting the outcomes and possibly reaping attractive rewards.With a sturdy promise of Season 1 showcasing 11 distinct meme characters, there's no shortage of action, and Season 2 is already on the horizon for December 2023.The decentralized nature of the project, combined with the thrill of AI-driven battles, ensures that the outcomes are both transparent and unpredictable - every battle is a new experience, ensuring players stay engaged.Meme Kombat Aims to Revolutionize GameFi with Gamified Staking RewardsThe project isn't just about excitement; it's built on a foundation of trust - Meme Kombat's commitment to transparency is evident through initiatives like the impending security audit of their smart contract.The findings of this audit will soon be public, a move that many projects shy away from.The founder and project lead, Matt Whiteman, isn't an unknown entity in the crypto space.His experience spanning two decades in process design, combined with his position as the COO of North Technologies, adds credibility to Meme Kombat.When so many projects hide behind the veil of anonymity, Whiteman's open profile and the project's physical address in Amsterdam offer an extra layer of trustworthiness.Source / Meme KombatThe tokenomics of Meme Kombat is also an appealing factor for potential investors - Stake the Meme Kombat ($MK) token, priced attractively at $1.667, and dive into a rewarding ecosystem.With a generous APY of 112%, stakers not only benefit from passive income but can also use their staked tokens to place bets in the arena - this dual functionality – earning while gaming – sets Meme Kombat apart.Intriguingly, engagement on the platform directly influences the income one can earn, so, the more you participate, the more you stand to gain.With the GambleFi industry booming following coins like Rollbit, Meme Kombat seems poised to tap into this lucrative market with its innovative approach.By merging memes, gaming, and blockchain, the platform is presenting something fresh to the crypto community.For those looking to diversify their portfolio with a unique offering, Meme Kombat seems like an opportunity too good to miss - so, don't be left behind (stay tuned with the MK Telegram).Embrace the future of meme-based gaming and betting with Meme Kombat.Buy Meme Kombat HereDisclaimer: 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.NiceHash Review 2023 In the dynamic world of cryptocurrencies, Wall Street Memes (WSM) have emerged as a topic of discussion among traders and enthusiasts. After a commendable launch, its valuation surged by an impressive 30% on Dextools. As of September 29, Wall Street Memes is priced at $0.045620, with its 24-hour trading volume reaching a staggering $1.7 million. Within the last day, the token experienced a nearly 30% upward trend. Despite its recent buzz, the crypto's CoinMarketCap ranking currently sits at #2135. Detailed market capitalization figures remain elusive, but what's clear is that its maximum supply caps at 2,000,000,000 WSM coins, while the circulating supply is yet to be confirmed.OKX Now Offers Spot Trading for Wall Street Memes (WSM)Wall Street Memes (WSM) has been added to the spot trading markets of OKX, which is the world's leading crypto exchange. This listing has been highly anticipated since WSM raised nearly $30 million to make finance more accessible and challenge traditional Wall Street practices in favor of everyday individuals. OKX is the first major exchange to facilitate the trading of WSM against the USDT (Tether) pair, which is a significant milestone in the coin's journey toward wider adoption and trading availability. Let's take a quick technical look. Wall Street Memes Price PredictionOn a technical front, the chosen chart timeframe for analysis is a 4-hour window. Key price levels to watch include a pivot point at $0.0399. Potential resistance points are at $0.04701, $0.05678, and $0.07221. On the flip side, immediate support is found at $0.03303, followed by $0.02478 and $0.01997. Delving deeper into technical indicators, the Relative Strength Index (RSI) is presently at 71. This suggests the asset is in overbought territory, given that any RSI value above 70 typically indicates such a condition. The asset's current price is slightly above its 50-Day Exponential Moving Average (50 EMA) of $0.04166, indicating a short-term bullish trend.Wall Street Memes Price Chart -Source: TradingviewChart patterns further highlight a double top pattern at $0.0470. The implications of this pattern are pivotal. If Wall Street Memes break above this level, it could signify bullish momentum. Conversely, dipping below might hint at bearish tendencies. The overall trend is anchored to the double-top pattern at $0.0470. Prices above this are bullish, while those below lean bearish. As with all crypto ventures, investors should remain vigilant, especially with the unpredictable nature of meme coins.Visit Wall Street MemesMeme Kombat: Crypto Alternatives Recently introduced, Meme Kombat merges meme concepts with combat gaming and assures players two sources of earnings—active and residual. The token presently provides a staking APY of 112%. The project's whitepaper emphasizes the Meme Kombat Token ($MK) as the central element of its financial framework. One of the main features of the Meme Kombat platform is staking, providing crypto aficionados a steady passive income through APY. Users can securely link their crypto wallets to the platform and stake their $MK tokens.30% of the total token supply is set aside for staking and in-game rewards. This allocation approach encourages users to hold onto their tokens, promoting stability.Once the first 14 days of staking are over, users can opt to withdraw their tokens or continue staking to consistently reap the APY benefits.Crypto Presales and Betting TacticsMeme Kombat offers a variety of wagering options, including Player-vs-Player and Player-vs-Game, providing alternate avenues for cryptocurrency investments. Additionally, the platform's crypto presale has already attracted more than $60,000 in just one day.The overall fundraising target for the presale is set at $10 million, with each token priced at $1.667. Early joiners of this presale enjoy the advantage of automatic token staking.The platform expects to roll out multiple features between October and November 2023, highlighted by the premiere of Meme Kombat Season 1, aimed at retaining player engagement. By the close of 2023, enthusiasts can anticipate the release of Meme Kombat 2, which will offer enhanced gameplay features.Visit Meme Kombat HereDisclaimer: 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.Biggest Crypto Gainers Today on DEXTools – XDOGE, EMOTI, MOONY Gemini to Open a Crypto Derivatives Platform Outside the U.S.Once added, all that DAI floating around the ether could get a nuclear-backed boost from the tokenized uranium. 💰 In former FTX CTO Gary Wang’s bombshell testimony, he revealed that Alameda had a $65 billion line of credit on FTX. @brianeklein and Sam Enzer explain why that number is a “devastating” fact for the defense.🔊Full episode: https://t.co/DGrLC50h66 pic.twitter.com/KNM6Zkqbva— Laura Shin (@laurashin) October 9, 2023

According to recent data unveiled by Messari, the decentralized social media platform Friend.tech, boasts the inflow of a staggering 300k unique users, boosting user activity. Eliminating the possible uncertainties on the sustainability of the platform, despite its stable user activity and rising daily revenue, Messari research analyst Ally Zach dived deeply into Friend.tech’s potential for future growth. Meanwhile, more Chinese state-operated firms are now paying their staff in digital yuan tokens. Ethereum on Etoro : r/ethereumnoobiesThe Web3 Foundation, a firm whose flagship project is the Polkadot blockchain protocol, has unveiled a new initiative to allocate $22.08 million and 5 million DOTs throughout the year 2024. In addition, Messari reinforced its bullish outlook on Friend.tech’s potential growth, unveiling the massive $320k average daily revenue fees, which is 6 times OpenSea’s current daily revenue. Narrating the platform’s appreciable TVL that has outdone major DeFi players, Messari cited,

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