Why Is Bitcoin Down Today? - cyptoranking.com

2024-04-16

Popular crypto exchanges(2023 Update) 2024-04-16
Image: cyptoranking.com

“Marketing war has definitely begun,” Bloomberg Intelligence analyst James Seyffart said in response to the announcement on X. LasMeta offers play to earn, listen to earn, and watch to earn, rewarding players with LasMeta Tokens ($LASM) for their involvement. Its innovative governance structure, utility features, and in-game money make LasMeta free to play. Why Is Bitcoin Down Today?Bitcoin has now fallen since October 2, when it reached a high of $28,580. It is trading in the middle of a horizontal range. Where does it go from here? After a months-long soft launch, Mythical’s NFL Rivals unveiled full gameplay in August, timed to the preseason of the NFL, by far the most popular sport in the United States. The game, available on Apple and Android devices, has been downloaded millions of times, according to Mythical.

Exchange Rankings Crypto
Image: cyptoranking.com

General Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.Nouns DAO is forking again Despite a minor correction, the RSI remains above the green line, indicating that the bull market remains intact. Which leverage is best for beginners?Source: MoonPayCrypto payments infrastructure firm MoonPay has unveiled a new feature in its app that enables users to swap one cryptocurrency for another. "Introducing Swaps! Unlock the value from the assets you already own by swapping over 1,500 trading pairs," the company said in a recent post on X (formerly Twitter).The new feature expands the functionality of MoonPay's retail-facing crypto app, which was launched in May and initially allowed users to purchase cryptocurrencies and manage multiple wallets within the app.MoonPay claimed that the swapping feature has been optimized to enhance efficiency.Instead of relying on smart contracts, which can be costly due to their complex operations, MoonPay executes the swaps through two sends: one for receiving the deposit and another for sending the quoted amount. This approach reduces the gas required for the swap, making the process more streamlined and cost-effective, as explained by Ivan Soto-Wright, co-founder and CEO of MoonPay.With a claimed customer base of 16 million users worldwide, MoonPay has been expanding its business beyond its core payments infrastructure model. Alongside the app and non-fungible tokens (NFTs), MoonPay launched a venture capital unit in August, aimed at investing in early-stage web3 and fintech startups. Additionally, MoonPay made its first acquisition earlier this year, acquiring the web3 creative agency Nightshift to assist brands in offering web3 features.MoonPay Gathered Attention After Raising $555 MillionThe company garnered significant attention and investor support in late 2021 when it raised $555 million in a Series A funding round led by Tiger Global Management and Coatue, resulting in a valuation of $3.4 billion. Reportedly, as part of this funding round, Soto-Wright and other MoonPay executives cashed out $150 million by selling their shares. Shortly after the funding announcement, Soto-Wright acquired a $38 million mansion in Miami.However, MoonPay has faced legal challenges in the past. In December 2022, the company was hit with a class action lawsuit alleging its involvement in a conspiracy with Bored Ape NFTs creator Yuga Labs and several celebrities to artificially inflate the value of NFTs. Additionally, in June 2023, it was claimed that MoonPay gifted valuable Bored Apes NFTs to celebrities as a promotional strategy. MoonPay denied the allegations of providing celebrities with free Bored Apes but did not provide further details.MoonPay's new addition comes as payment giants continue to expand their suite of crypto products and services. Back in August, PayPal announced that it is rolling out its PYUSD stablecoin soon. The dollar-pegged asset is issued by Paxos, a blockchain infrastructure firm that used to issue Binance USD (BUSD) stablecoin.Last month, Coinbase also received regulatory approval to offer perpetual futures trading services to retail customers outside the United States. Hamas Received $41 Million in Crypto in Lead Up to Attack on Israel Wang’s testimony on Oct. 5 revealed that SBF had knowingly allowed “unrestricted withdrawals by Alameda.” Wang also mentioned that SBF managed tasks such as media outreach, lobbying, and nurturing investor relations, while Wang was mainly responsible for the platform’s coding.

“John has led Unity through incredible growth over the last nearly 10 years, helping us transition from a perpetual license to a subscription model, enabling developers to monetize, building other game services to serve our creator community, leading us through an IPO and positioning us as a pioneer in the developer community,” Botha said in a statement. To buy altcoins from a crypto exchange, you will need to enter your personal information and attach a payment method like a bank account or debit card. Once the account is created, you can begin your cryptocurrency journey. Buy Tether (USDT)|How to Buy TetherBacked Launches Tokenized Blackrock ETF on Base Network As Ripple appears to gain momentum on the legal front, speculation is rife regarding the SEC's potential actions. Some experts believe that the SEC might consider dropping the case against Ripple.

As additional security measures, the firm said it implemented a new approach to resetting passwords and disabled API connections after a user resets their password. It recommended that users enable two-factor authentication and regularly change their password. Different computers maintain regular blockchains. These computers, known as nodes, have a copy of all transactions within the blockchain. When a user attempts to add false transactional data, the blockchain network can easily flag it since it has a copy of whatever has transpired within the space. 10 Best Bitcoin Wallet Apps Crypto Investors Must Use In 2022Various altcoins have moved at varying paces over the past few days. We’re having a temporary issue with XRP trading. Our team is working to resolve the issue and will update you soon.

Have an opinion on this story? Share it!