CPO futures likely to trade on downside bias next week - cyptoranking.com

2024-04-27

Popular crypto exchanges(2023 Update) 2024-04-27
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The movements have continued throughout the trial. In the last three days, the hacker transferred approximately 15,000 ETH (worth roughly $24 million) to three new wallet addresses. The Exchange Outflow Wave Has Spread Across the Ecosystem CPO futures likely to trade on downside bias next weekMeanwhile, BeInCrypto reported that last year, FC Porto fans could choose a meet-and-greet location with their favorite players. As a result, bitcoin’s (BTC) spot volume for the third quarter has declined to $6 billion, marking a consistent drop from $7 billion in Q2 and $13 billion in Q1.

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DEXTools Logo / Source: AdobeA risk-off tone to macro trading conditions on Monday amid jitters regarding the escalating Israel/Palestine is weighing on crypto prices.Bitcoin (BTC) was last down just over 1% in the mid-$27,000s, while Ether (ETH) was last down over 3% at $1,580.Ether is also suffering following an unexpected sale of $2.7 million worth of the token by the Ethereum Foundation on decentralized exchange Uniswap.ETH has now fallen decisively back from its 21 and 50DMAs and also snapped an uptrend that had been in play since early September, suggesting its near-term technical outlook has taken a turn for the worse.Bears will be watching for a potential break below support in the $1,550 area.Bitcoin, meanwhile, remains in its recent uptrend, keeping alive the prospect of a sustained move above $28,000 in the weeks ahead.The macro focus will shift from geopolitics to the US economy once again on Wednesday and Thursday, when US PPI and CPI inflation data is scheduled for release.US yields have been pulling lower on Monday amid a safe-haven bid, but hot inflation data could send them back towards multi-decade highs, which could be a headwind for crypto.With risks to the near-term outlook for blue chip cryptocurrencies high, traders will continue to turn to the highly illiquid shitcoin/meme coin market in the hunt for profitable short-term investment opportunities.Here are some of the best-performing low-cap coins on Monday, as per DEXTools.Versus ($VS)A shitcoin called Versus ($VS) that was launched in late September has been pumping on Monday and was last up over 200% as per DEXTools.Its market cap was last around $430,000 amid 24 hour trading volumes of around $140,000, over 200 holders and over $140,000 in locked liquidity.The token has seven concerning aspects to it, as per DEXTools’ security audit, including a hefty 5% buy tax and 6.41% sell tax.With this tax modifiable, investors should exercise great caution investing in this shitcoin, as it could easily turn out to be a scam.Only Possible On Ethereum ($OPOE)A shitcoin that was stealth launched as a meme coin in early October called Only Possible On Ethereum ($OPOE), which claims to be building a multi-chain bridge, has been pumping recently and was last up around 40% in the last 24 hours, as per DEXTools.The token last had a market cap of around $5.3 milllion, 24-hour trading volumes of around $240,000, close to 1,000 holders and around $240,000 in locked liquidity.$OPOE has six concerning aspects to its token contract, according to DEXTools’ security audit, so investors should be careful when buying the token.Qlindo Realestate ($QLINDO)A token called $QLINDO that claims to be “the green real estate token” has been pumping on Monday and was last up by around 40% in the last 24 hours, as per DEXTools.The token last had a market cap of around $22.55 million, with over 10,500 holders.But the recent rally has only been driven by around $15,000 in 24-hour trading volumes, suggesting it lacks conviction and could easily reverse.The token has fairly shallow liquidity compared to its market cap of only just over $100,000, suggesting it could remain volatile.The token has no concerning aspects to its token contract as per DEXTools’ security audit, and it has a 100% upvote rating according to DEXTools’ community trust score.Crypto Alternatives to ConsiderShitcoins are very risky, given most have no real value proposition.For those looking for an even better probability of near-term gains, an alternative high-risk-high-reward investment strategy to consider is getting involved in crypto presales.This is where investors buy the tokens of up-start crypto projects to help fund their development.These tokens are nearly always sold cheaply, and there is a long history of presales delivering huge exponential gains to early investors.Many of these projects have fantastic teams behind them and a great vision to deliver a revolutionary crypto application/platform.If an investor can identify such projects, the risk/reward of their presale investment is very good.The team at Cryptonews spends a lot of time combing through presale projects to help investors out.Here is a list of 15 of what the project deems as the best crypto presales of 2023.See the 15 CryptocurrenciesDisclaimer: 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.Crypto Exchange Listing and Delisting Announcements: October 9, 2023 3. Income Generation: Perhaps the most exciting aspect for many users is the ability to generate income from their virtual labor. Players can trade or sell their crafted items and resources for real income, opening up new avenues for financial opportunities within the metaverse. Additionally, the platform’s open and collaborative design enables users to build communities and followings. What is a Bitcoin Wallet? A Guide to Storing BitcoinWith the colder weather incoming we are getting back on the topic of using crypto miners to heat our homes and take advantage of the excess heat that these devices produce while mining your favourite cryptocurrency. The Antminer S9 and or L3-based ASIC Space Heaters are still nice and all, especially if you already own some of those ASIC devices or want to get one pretty cheap, but things are moving further and we are starting to see designs based on newer ASIC hardware such as the BitChimney Space Heater that is based on a single Antminer S19 hashboard and capable of running on both 120V and 240V (US and Europe compatible). A silent and efficient device by Altair Tech that hashes nicely, stays silent and produces enough heat to also help you with heating at home… and it even looks quite nice with a cool 3D printed enclosure. Bit-Chimney Single Hashboard Space Heater is WiFi ready, runs on 110V-240V input Voltage, utilizes the Loki Kit by Pivotal Pleb Tech, runs at 23 TH/s at 750W or 30 TH/s at 1000W and at up to 60 Db noise level, so pretty silent. The first batch is expected to start shipping on October 30th priced at $699 USD. And if you are feeling more DIY-ish you might want to start tinkering around an S19 and make your own design as well.Bitcoin mining restricted to legal entities in Uzbekistan: Official Although bank notes may have been effective at addressing barriers in the past, to be universally accessible, a CBDC must address the barriers inherent in today’s—and tomorrow’s—evolving technical landscape.

Friend.tech, a flagship SocialFi application, enables users to buy access keys for private chat rooms connected to specific X profiles’ personalities. These keys increase exponentially in price as more are purchased based on a bonding curve. When a key is resold via the secondary market, Friend.tech and the tokenized profile’s owner each receive a 5% residual. The platform has been lucrative for some — with daily revenues currently in the hundreds of thousands. VanEck’s X account has shared videos around the launch of EFUT in a bid to educate investors about the fund’s underlying asset. How to Buy Ethereum Instantly using a Credit or Debit CardCrypto intelligence firm Chanalysis and hardware wallet developer Ledger were among the latest to announce layoffs. Source: Adobe / jirsakThe new Ethereum scaling network Layer N has raised $5 million in a seed funding round led by PayPal co-founder Peter Thiel’s Founders Fund and investment collective dao5.The funding round, announced by Layer N on Wednesday this week, also saw participation from several other notable crypto investment firms, including Kraken Ventures, Mirana Ventures, GSR and Amber Group.“We’re incredibly excited to announce our $5M seed round led by @foundersfund and @daofive, alongside other major funds and angels,” the team wrote in a statement on X.It added that the funding round marks the project’s “first milestone towards building Ethereum’s financial superlayer.”‘Ethereum’s financial layer’In a thread on X, Layer N brands itself as “Ethereum’s financial layer,” with low fees and high transaction throughput.The thread further described Layer N as “the first layer 2 network on Ethereum specifically designed for and to scale DeFi,” and said it “aims to rival existing traditional financial networks.”Ethereum’s base layer has for a long time struggled with high fees and slow transaction speeds, offering an incentive for developers to build layers on top of it that are better suited for decentralized finance (DeFi) applications.Founders Fund’s increasing crypto focusPeter Thiel’s Founders Fund stood for $1.8 million of the total amount raised in Layer N’s funding round, the team behind the project confirmed to The Block.The investment from Peter Thiel’s fund came after it in April hired at Pantera Capital’s former co-chief investment officer, Joey Krug, as a partner.Peter Thiel has long been a proponent of Bitcoin (BTC) and crypto more broadly, and reports have even indicated that he may have crossed paths with Satoshi Nakamoto in Aguilla more than 20 years agoThiel’s fund also made headlines early this year when it became known that it had realized more than $1 billion in profits from selling off the vast majority of its crypto holdings shortly before the market crashed.Major Crypto Theft: $24 Million Drained from Ethereum Wallet in Phishing Scam

Crypto research firm Kaiko said in a new tweet that ETH's open interest has increased since the start of September. Also, funding rates have remained neutral to negative, indicating a lack of direction on the market. According to The Guardian, Wang admitted to committing financial crimes and fraud at FTX. He also mentioned that Bankman-Fried, his ex-girlfriend Caroline Ellison, and FTX’s former co-lead engineer Nishad Singh were involved in the crimes. Coinbase to Launch Bitcoin and Ether Futures Contracts for Institutional Investors on June 5Isn’t it important to show potential employers what you can do? If you’re consistent, competent at what you’re doing, and follow the advice in this guide to obtain a job working for a Metaverse, you’ll have no problem being hired. Unlocking the Future of Gaming

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