Consumer cryptocurrency trading should be regulated as ... - cyptoranking.com

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2024-03-29

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Okhandiar is also alleged to have removed the plaintiffs from a multi-signature wallet controlling Remilia’s treasury. The suit claims he drained the wallet of an additional $1.7 million. According to a report, the total number of Pudgy Penguins NFTs minted till now amounts to 21,252 held by 7,673 different owners. The Lil Pudgy collection is free for all Pudgy Penguin owners, but it is only available for the ordinary public via sales. Consumer cryptocurrency trading should be regulated as ...“Block” represents a series of records, while “chain” describes the linked relationship between this series of records. Just imagine a series of records linked to another series of records — this is basically what blockchain is. Bit Digital, which also released results on Oct. 4, was one of a few firms whose Bitcoin production fell in September — recording a 7% fall to 130.2 BTC.

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Trading platform 3Commas has once again come into the spotlight following the disclosure of a security breach on Sunday, affecting a number of user accounts. “We are expecting to have Ripple back on the Linqto.com platform sometime today,” Burrafato exclaimed in the tweet. Is Dogecoin a Good Investment in 2023?Source: AdobeStock / AscannioGet your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________NFT newsThe Avant Arte marketplace announced that it is collaborating with Yuga Labs to bring all 10,000 CryptoPunks into the physical realm for the first time with two time-limited print editions, made by Avant Arte’s printmakers Make-Ready. The first, Punk On-Chain, will be available to all Punk holders and will enable them to commission a unique 1-1 physical print of their Punk(s) for €500 ($530). The second, 10,000 On-Chain, will be available for €600 ($630) to Punk holders and fans alike, offering everyone the opportunity to own their own Punk artwork, it said. Both works will be available only for 48 hours on October 26. DeFi newsVitaDAO, the Pfizer-backed decentralized autonomous organization focused on advancing longevity research, launched its biotech firm, Matrix Bio. 99.9% of the community participating in the vote in late March had approved a collaboration with the University of Rochester’s Aging Research Center co-chair, Dr. Vera Gorbunova. Per the project description, the experiments will be conducted on long-lived animals. The Budget includes financing of up to $300,000 provided by VitaDAO, with up to $200,000 allocated to high throughput screen (HTS) and exploratory medicinal chemistry with a 3rd party CRO or academic ‘fee for service’ facility, and up to $100,000 allocated to the Gorbunova lab for hit compound experiments.Payment newsHong Kong’s trials of e-HKD digital currency showed potential uses in payment, deposit, and investment scenarios, but relevant players need more experience before a launch date can be considered, Eddie Yue Wai-man, CEO of the Hong Kong Monetary Authority, the city’s de facto central bank, said in an interview with the South China Morning Post. "There are some interesting use cases of e-HKD in the areas like programmable payments, and in new areas like tokenised deposits and tokenised assets," the CEO said, but adding that "it is still the beginning of the trial process. We have to find a use case that is better than the current retail payments. Because if you are not either safer, faster, or more convenient, then it will not be doable."Crypto payments infrastructure provider MoonPay announced the launch of Swaps in the MoonPay App. Key features of this new functionality include low gas fees, cross-chain swaps, more than 1,500 trading pairs (number may vary by jurisdiction), all wallets in one place, and competitive exchange rates, the announcement claims. Swaps is available globally, in most regions where MoonPay is generally available, it said. The MoonPay App initially launched in May 2023. Exchange newsBinance's market share declined for the seventh consecutive month in September, according to CCData's monthly Exchange Review. Spot trading volumes on the exchange fell 36.8% to $115 billion in September, recording the lowest monthly spot volumes since October 2020. This reduction also marked the third consecutive decline in volumes since June 2023, leading Binance's market share among spot trading exchanges to stand at 34.3%, its lowest since June 2022, said the report. It added that the combined spot and derivatives trading volume on centralized exchanges fell for the third consecutive month, dropping 20.3% to $1.67tn. Also, "the lack of volatility, combined with the seasonality effects that have historically been seen in Q3, has led to centralised exchanges recording the lowest combined quarterly volumes since Q4 2020."Mining newsBitcoin (BTC) and crypto-mining monolith Bitmain reportedly paid September wages to its employees after payments were delayed and deducted because of cash flow issues, according to a report by the local media outlet Odaily. "On the afternoon of October 7, Bitmain has repaid September wages, and stated that it only did not pay the performance salary of some people. It has also been repaid, and the basic salary has been released normally on September 30," crypto reporter Colin Wu tweeted. NFT-Funded Film, Backed by A-list Director Soderbergh, Seals Historic Global Sales Agreement – Crypto Adoption on the Rise? 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.How Does Consensus Algorithm Work in Blockchain Network?

Someone is trying to hack my @friendtech 1) Text sent saying they’re changing my number 2) I respond no3) They say to confirm no, send the verification code 4) Receive actual verification code from friend tech5) After no response, they text again saying they’ll auto… pic.twitter.com/j76vI969jP "We Came. We Saw. We Researched." That's how Sam Bankman-Fried planned to announce to the world the closure of Alameda Research, according to a draft Tweet thread he wrote in September 2022, revealed as part of evidence given at his ongoing fraud trial. How to buy Coinbase Wrapped Staked ETH (CBETH) GuideHere are a few of the most common bitcoin mining rigs: Additionally, a DAO does not contain any chief executive officers (CEOs) or any hierarchical management. All decisions are made through member votes during a certain period and then the majority of the votes are chosen.

South Korea's virtual asset market has experienced a significant surge during the first half of 2023, reaching a total market cap of $21.1 billion. Bitwise CIO Matthew Hougan said the difference between his firm and the other initial issuers of ether futures ETFs is the level of crypto expertise. What is the minimum Bitcoin purchase on Robinhood?Bitcoin has been stuck inside a large range since April, indicating indecision about the next directional move. Efforts by the bears to sink the price below the support of the range were thwarted by the bulls on Sept. 11. However, Bitcoin (BTC) is not out of the woods yet. Jamie Coutts, a chartered market technician and crypto market analyst at Bloomberg Intelligence, told Cointelegraph that if the tightening cycle extends, followed by “an uptick in unemployment and more stress in the banking sector, then there could be a bit more pain for risk assets like Bitcoin.” Daily cryptocurrency market performance. Source: Coin360Cryptocurrency traders have also remained cautious. A Bitfinex report shows that the cryptocurrency industry witnessed capital outflows of $55 billion in August. The drop in liquidity has caused isolated events to “have a bigger impact on market movements,” the report added.Will Bitcoin turn down and retest its pivotal support? Could Bitcoin’s weakness trigger further selling in altcoins? Let’s study the charts of the top 10 cryptocurrencies to find out.Bitcoin price analysisBitcoin broke and closed above the 20-day exponential moving average (EMA) of $26,228 on Sept. 14, indicating that the downside momentum is weakening.BTC/USDT daily chart. Source: TradingViewThe 20-day EMA is flattening out and the relative strength index (RSI) is near the midpoint, signaling that the BTC/USDT pair may stay range-bound between $24,800 and $28,143 for some more time. If bears want to make a comeback, they will have to quickly pull the price back below the 20-day EMA. Such a move will suggest that higher levels are being sold into. That could result in a retest of the strong support at $24,800.Ether price analysisEther (ETH) plunged below the $1,550 support on Sept. 11, but the bears could not build upon this strength. This suggests solid buying at lower levels.ETH/USDT daily chart. Source: TradingViewThe bulls thereafter started a recovery, which has reached the 20-day EMA ($1,638). This level is likely to witness a tough battle between the bulls and the bears. A break and close above the 20-day EMA could trap several aggressive bears, resulting in a short squeeze. That could propel the price to $1,745.Instead, if the price turns down from the 20-day EMA, it will suggest that the bears remain in command. The sellers will then make another attempt to sink the ETH/USDT pair below $1,550 and resume the downtrend.BNB price analysisBNB (BNB) bounced off the psychological support near $200 on Sept. 12, indicating that the bulls are active at lower levels. BNB/USDT daily chart. Source: TradingViewThe recovery has reached the 20-day EMA ($215), which is an important level to watch out for. If the BNB/USDT pair turns lower from the current level, it will indicate that the sentiment remains negative and traders are selling on relief rallies. That will increase the risk of a breakdown below $200. Contrarily, the RSI is forming a positive divergence, indicating that selling pressure could be falling. A rise above the 20-day EMA could open the doors for a retest of the 50-day simple moving average (SMA) at $225.XRP price analysisXRP (XRP) has been trading between $0.41 and $0.56 for the past several days. The price has recovered to the 20-day EMA ($0.50), which is an important level to keep an eye on.XRP/USDT daily chart. Source: TradingViewIf buyers thrust the price above the 20-day EMA, it will indicate that the selling pressure is reducing. That could start a sustained recovery toward the overhead resistance at $0.56. This level may again act as a roadblock.If the price turns down from $0.56, it will indicate that the range-bound action may continue for some more time. The next trending move is likely to begin after bulls push the price above $0.56 or bears sink the XRP/USDT pair below $0.41.Cardano price analysisThe strong selling in Cardano (ADA) pulled the price to $0.24 on Sept. 11, but the bears could not break the crucial support.ADA/USDT daily chart. Source: TradingViewThe rebound off $0.24 on Sept. 12 reached the 20-day EMA ($0.26) on Sept. 15. This level is likely to witness a tussle between the buyers and sellers. If the ADA/USDT pair turns down sharply from the 20-day EMA, it will indicate that every minor rise is being sold. That could increase the risk of a drop to $0.22.Contrarily, if buyers shove the price above the 20-day EMA, it will signal the start of a stronger recovery to $0.28. Dogecoin price analysisDogecoin (DOGE) continues to trade between the 20-day EMA ($0.06) and the solid support at $0.06. This tight-range trading is unlikely to continue for long, and a breakout may happen soon. DOGE/USDT daily chart. Source: TradingViewIf buyers kick the price above the 20-day EMA, it will suggest that the sellers may be losing their grip. That could start a relief rally to the 50-day SMA ($0.07), where the bears are expected to intensify selling. Contrary to this assumption, if the price turns down sharply from the 20-day EMA, it will enhance the prospects of a break below $0.06. If this support breaks down, the DOGE/USDT pair may plummet to $0.055.Solana price analysisSolana’s SOL (SOL) has been swinging between $14 and $27.12 for the past several months. The price has reached the 20-day EMA ($19.51), where the bears are likely to pose a stiff challenge.SOL/USDT daily chart. Source: TradingViewIf buyers thrust the price above the 20-day EMA, the SOL/USDT pair could reach the overhead resistance at $22.30. This level may again act as a strong hurdle, but if bulls overcome it, the pair could climb to $27.12.On the contrary, if the price turns down from the 20-day EMA, it will signal that demand dries up at higher levels. The bears will then try to resume the downtrend and yank the price to the vital support at $14.Related: Japan to allow startups to raise funds by issuing crypto instead of stocks: ReportToncoin price analysisToncoin (TON) snapped back from the 20-day EMA ($1.75) on Sept. 12, indicating that the bulls are viewing the dips as a buying opportunity.TON/USDT daily chart. Source: TradingViewThe price reached the first resistance at $1.98 on Sept. 13, where the bears are trying to halt the up move. A minor advantage in favor of the bulls is that they have not ceded ground to the bears. This suggests that the bulls are in no hurry to book profits as they anticipate the up move to continue.If the $1.98 level is taken out, the TON/USDT pair could reach $2.07. This is an important level for the bears to defend because a break above it could propel the pair to $2.40. On the downside, a slide below the 20-day EMA could tilt the advantage in favor of the bears.Polkadot price analysisPolkadot's DOT (DOT) has been trading below the breakdown level of $4.22 for the past few days, which is a negative sign.DOT/USDT daily chart. Source: TradingViewThe bulls are trying to start a relief rally, but that is likely to face strong selling at $4.22. If the price turns down from the overhead resistance, it will suggest that bears remain in control. The sellers will then try to sink the DOT/USDT pair below $3.90. If they succeed, the pair could collapse to $3.44.If bulls want to prevent the decline, they will have to push and sustain the price above $4.22. If they do that, it will suggest that the markets have rejected the breakdown. The pair may then attempt a rally to the 50-day SMA ($4.61).Polygon price analysisPolygon’s MATIC (MATIC) slipped below the critical support at $0.51 on Sept. 11, but the bears could not maintain the selling pressure. That started a rebound, which is nearing the 20-day EMA ($0.54).MATIC/USDT daily chart. Source: TradingViewThe bears will attempt to stall the recovery at the 20-day EMA and tug the price below $0.50. If they manage to do that, it will signal the resumption of the downtrend. The MATIC/USDT pair could then slump to $0.45.Although the downsloping moving averages indicate advantage to bears, the positive divergence on the RSI suggests that the bearish momentum may be slowing down. If buyers clear the obstacle at the 20-day EMA, the pair may climb to $0.60.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. The "buyback is the result of 'positive performance' by the company over the last few years," according to a statement from iFinex that was cited by Bloomberg.


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