U.S. Is Losing the Global Race on Digital Currency - cyptoranking.com

2024-04-20

Popular crypto exchanges(2023 Update) 2024-04-20
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“All you had to do,” Yusko says, was simply “pick one.” But over the same timespan, the average investor only made 2.9% gains, he says. Trade Like a Pro with PrimeXBT's Copy Trading Option U.S. Is Losing the Global Race on Digital CurrencyShiba Inu (SHIB) Aggregate Exchange On-chain Market Depth | Source: IntoTheBlock ETH: Scalability Solutions

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As the name suggests, Bagholder is someone who carries a bag for a long time. Bagholder in the crypto industry is a person who buys a coin at a high price and holds it for a long time without selling it until the market moves in favor of that person. Sometimes, a bag holder even misses the chance to sell the crypto. Amid these challenges, Ethereum has found itself at a relatively unnoticeable support level. This support, often overlooked in favor of more prominent price points, could play a pivotal role in determining ETH's trajectory in the coming weeks. If Ethereum manages to hold above this level, it could provide the foundation for a potential rebound. Conversely, a breach below could exacerbate the bearish sentiment. Cryptocurrencies, Digital Dollars, and the Future of MoneyUnilend (UFT), a protocol that brings all decentralized finance (DeFi) trading to offer in one place, making them accessible through smart contracts, has seen a rise in activity as well. Coming up as the 6th altcoin on the list, Unilend’s growth spans “High Transaction Volume, Active Addresses, Network Growth, Whale Transactions, $100K-$1M Whale Accumulation, Exchange Inflow.” In October 2021, AnubisDAO raised 13,556 ETH — worth $60 million at the time — from crypto investors. However, some 20 hours later, the funds were sent to several different wallet addresses, resulting in an instant loss for the investors.

The metaverse is understood as a rich 3D digital virtual space of the real world where people can experience real-world activities in a virtual environment just from the comfort of their homes with a virtual reality (VR) headset. Iran’s Links With Hamas and Crypto How do I cash out cryptocurrency in Australia?Ether futures ETFs could offer a short-term price boost, but allow greater access, “squashing volatility and performance potential,” they said. Bitcoin (BTC) starts the second week of October up 4% month-to-date as geopolitical instability provides a snap market focus.BTC price action continues to hold steady at $28,000, but what will happen next as markets react to the war in Israel?In what could end up a volatile period for risk assets, Bitcoin has yet to offer a significant reaction, spending the weekend in a tight corridor.That could soon change, however, as the Wall Street open comes amid a hike in oil and gold, along with U.S. dollar strength.Macroeconomic triggers are also far from lacking, with the coming days due to see the September print of the U.S. Consumer Price Index (CPI). In the wake of surprise employment data last week, the readout holds additional importance for the Federal Reserve.Beneath the hood, meanwhile, on-chain metrics are pointing to interesting times for Bitcoin, as BTC/USD trades in a key range, which has formed a watershed area since 2021.Cointelegraph looks at these factors and more in the weekly rundown of potential BTC price triggers to come.Bitcoin “illiquid and choppy” as weekly close passesThe weekend saw market participants fully focused on the abrupt breakout of war in Israel, and as markets themselves reopen, change is already afoot.For Bitcoin, however, the ongoing events have yet to deliver a palpable chain reaction, data from Cointelegraph Markets Pro and TradingView shows.BTC price action has centered on $28,000 since Friday, and that level remains key as traders hope for a resistance/support flip.BTC/USD 1-hour chart. Source: TradingView“Nothing special going on this weekend,” Daan Crypto Trades summarized on X (formerly Twitter) into the weekly close. “Would expect volumes to pick up a bit soon but ultimately we should be hovering around this price region until futures open back up tonight.”A further post noted that Bitcoin had yet to decisively break through the 200-week moving average (MA), which sits at $28,176 at the time of writing.Analyzing the 4-hour chart, popular trader Skew described BTC price behavior as “illiquid and choppy.” $BTC 4H these wicks really say how illiquid & choppy price action is pic.twitter.com/Qq13GsuqfB— Skew Δ (@52kskew) October 9, 2023

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