Where does my money go when I sell crypto on Binance? - cyptoranking.com

2024-05-04

Popular crypto exchanges(2023 Update) 2024-05-04
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This may then give ETC’s price the foundation needed to breakout towards the upside. In this scenario, the cryptocurrency could soar to above $17.00 before potentially continuing to rise to the next threshold at $18.45. Traders will want to note, however, that a noteworthy bearish technical flag was on the cusp of being triggered. Another $200 million initiative will be given by Polygon to Alexis Ohanian’s Seven Seven Six to invest in projects at the intersection of social media and Web3. Where does my money go when I sell crypto on Binance?Image Source: PixabayA rapidly growing decentralized Twitter competitor, Nostr, is collaborating with Zebedee to design a new social media. This move would enable interoperability between Zebedee's ZBD app and Nostr apps. Zebedee is a New Jersey-based video game payment platform with over one million Bitcoin wallets, supported by a $46.5 million VC fund. Nostr protocol’s innovation allows users to send each other small tips tagged zaps (tiny fragments of bitcoin) instead of the traditional social media content “likes.”Introducing Zebedee’s Nostr-powered Innovative Decentralized Social App The latest partnership allowed Zebedee to move its ZBD application to Nostr, enabling users to seamlessly move from the app to other apps available on Nostr. The new development introduces a different concept from the conventional social media nitty-gritty. Unlike the conventional social media networks that control user identities, ZBD integration with the open-source Nostr protocol underscores decentralization. It could also increase ZBD app adoption since it potentially allows 18 million registered Nostr users to join the app.In a statement, Andre Neves, CTO and co-founder of Zebedee, said: "The ZBD app is now a Nostr client with full capabilities.”According to reports, Twitter’s estimated value has reduced since Elon Musk acquired it for $44 billion in October 2022. As a Twitter competitor, Nostr's ability to allow users to send Bitcoin from one social app to another, including their identities and followers, gives it a competitive edge. As such, Nostra could be at the center of attraction for unsatisfied Twitter users. "Zaps are inherently part of the social experience here. So individuals can support their content creators," added Neves. “It's no longer just an influencer's game. You can support and receive support from anyone, anywhere, because this is the Nostr protocol. It works across other apps as well as Zebedee,” he saidZBD App Already Gaining Traction Zebedee started in 2019 as a platform that helps video game developers pay small amounts of Bitcoin to their users. The firm has 70 employees with 220 developers who build apps that support Bitcoin transactions using the Lightning Network.Among the early ZBD users are music streaming service provider Wavlake, Podcasting platform Fountain, and soon-to-launch music streaming app, Gesso. Notably, Gesso will allow its followers to earn Bitcoin by listening to music and podcasts. The new ZBD social app is already gaining traction among top industry players, including Fumb Games. Paul West, CEO of Fumb Games, a UK-based gaming company with 100,000 Discord followers, commented on the development. West said building with ZBD will pay off since his company can take any followers he gets on the app to competitors in the future. It is worth noting that Fumb Games partnered with Zebedee in April 2022 to add real Bitcoin rewards to its Bitcoin Miner game.Fitness App Sweat Economy to Decide Fate of 2.5 Billion Abandoned Tokens The premise behind blockchain is not to alter data but to enable the recording and distribution of it. Thus, a blockchain is an immutable ledger of transactions that cannot be edited, deleted, or destroyed. This is why blockchains are also classified as a type of distributed ledger technology (DLT).

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Amidst the churn of geopolitical unrest, billionaire investor Paul Tudor Jones heralds Bitcoin as a robust choice for investors. Introduction What's in your e-Wallet?We’re having a temporary issue with XRP trading. Our team is working to resolve the issue and will update you soon. Read more: How to Use a Blockchain Explorer to Look Up Transactions

Related: Circle launches USDC stablecoin on Polkadot Asset Hub Areas of technical resistance and potential selling pressure remain the 28934, 29228, 29665, 29964, 30053, and 30222 levels.Further above the market, Stops are cited above the 30178 and 31862 areas.Three significant technical levels that technicians continue to monitor include the 29514, 23438, and 20195 levels, areas related to selling pressure around the 69000, 59249, and 52100 levels.Traders are observing that the 50-bar MA (4-hourly) is bullishly indicating above the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly).Also, the 50-bar MA (hourly) is bearishly indicating below the100-bar MA (hourly) and below the 200-bar MA (hourly). ETHUSD|Ethereum USD OverviewBut Kazemian thinks Frax’s design is ultimately more sustainable than Maker’s. HKMA is also working on another CBDC-related project known as e-HKD. Digital currency has shown different use cases, such as payment, deposits, and investment scenarios.

According to the data, Germany and Switzerland were the biggest countries contributing to the inflow rise, posting $37.3 million and $31.3 million in inflows, respectively. Together, these countries accounted for 88% of all crypto asset products inflow last week. Ethereum (ETH), the second-largest cryptocurrency by market cap, has been at the forefront of the crypto bull run, amassing significant gains in the past year. BitMEX, Binance Top Exchange Open Interest in New BTC Futures RankingsFor example, the biggest crypto exchange by trading volume, Binance, destroys some of its Binance Coins (BNB) every three months. Then some projects operate like a central bank. These projects employ both deflationary and inflationary measures to keep the value in check. AI can improve liquidity in the DeFi market. While DeFi is global, more can still be done to encourage adoption, as there are many barriers to understanding like language and coding fluency. If a DeFi protocol’s documentation is written only in English, for example, it’s certainly more difficult for non-native English speakers to engage with the technology. This is where AI-powered Large Language Models (LLMs) come into play: LLMs can be used to instantly translate documentation into different languages, as well as provide “live” customer support for the whole world. LLMs will make DeFi truly global.

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