The competing priorities facing U.S. crypto regulations|Brookings - cyptoranking.com

2024-05-02

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“I figured out why Elon wants to get rid of the interaction buttons. He’s going to make it impossible to report or reply to ‘premium’ ads or put community notes on them and doesn’t want to make it visibly obvious in your feed or you’ll learn to ignore them,” his post reads. Amazon Web Services, which debuted in 2006, has come to prominence as one of the world's largest cloud service providers. AWS provides a wide range of cloud computing services, such as computing power, storage solutions, and a variety of tools for developers and companies. AWS is able to provide reliable and scalable services to millions of customers thanks to its enormous worldwide network of data centers known as Availability Zones. The competing priorities facing U.S. crypto regulations|BrookingsIf the resistance cluster fails to hold steady at that vital level, BCH could edge closer to $250. Binance scam fraudsters have been actively targeting individuals by sending phishing text messages, masquerading as Binance, the world’s largest cryptocurrency exchange. These malicious actors are using deceptive tactics to compromise users’ Binance accounts and siphon off their digital assets, leaving victims in financial turmoil.

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Bears have also gained ground over Alpine F1 Team Fan Token (ALPINE), the third most significant fan token by market cap. The mood shift has led to a drop in ALPINE’s price, from a daily peak of $1.68 to a month’s low of $1.62. Meanwhile, the behavior analytics platform for cryptocurrencies, Santiment, which sources on-chain, social and development information, shows that Ethereum fees are at their lowest levels of 2023 after a steady multi-month slump. Meanwhile, social dominance, showing the number of mentions on crypto-related social media, has hit a seven-month high. 10 Cities That Are Bitcoin HotspotsDOT has lost 93% since its bull market peak of $55 in November 2021. Kusama (KSM) is in a worse position, also trading at a three-year low, having dumped 97% from its all-time high. Hong Kong, a global financial center, has been hesitant in its adoption of cryptocurrencies, notably retail stablecoins. There are numerous major reasons for this reluctance:

With the emerging use of blockchain technology, Dubai has been evolving as a hub for crypto use. A study by the Telecommunications and Digital Government Regulatory Authority (TDRA) stated that around 11.4% of UAE residents have invested in crypto. On the other hand, Dubai’s Virtual Assets Regulatory Authority (VARA) is responsible for licensing and regulating virtual asset providers in the emirate and its free zone territories. Additionally, local officials gave Crypto.com a provisional license and approved the establishment of FTX’s regional offices. The move will allow Crypto.com to offer a full suite of crypto exchange products and services. It is noteworthy that the UAE was the first country in the world to establish a specialized regulator for the virtual asset industry. AWS head of startups Australia, John Kearney, told Cointelegraph that Immutable is a “great example of a local Aussie startup that has gone global” and reaffirmed the cloud provider’s commitment to expanding Web3 game development using its infrastructure.Immutable has been built with Amazon EventBridge and AWS Lambda, serverless services that use events to connect application components together. This has enabled the platform to “increase its scalability to handle a 10x increase in partnered games,” according to the announcement.Concerns have previously been raised about the centralization of gaming and Ethereum, along with the reliance on Amazon — the market leader capturing about a third of the cloud services market. Immutable product marketing lead Michael Powell alleviated some of those concerns, explaining to Fortune in an Oct. 11 report:“A lot of blockchain purists are very big into the idea of decentralization and that everything has to be on-chain and that’s a massive deviation from where game developers actually build.”Related: Immutable’s Gods Unchained launches on Epic Games StoreIn August, Immutable began public testing its zero-knowledge Ethereum Virtual Machine (zkEVM) in collaboration with Polygon Labs.According to the firm, the zkEVM will lower development costs for game developers while providing the security and network effects that come with the Ethereum ecosystem.Immutable was valued at $2.5 billion in March 2022 following a $200 million Series C funding round led primarily by Singaporean state-owned investment firm Temasek.Magazine: Singer Vérité’s fan-first approach to Web3, music NFTs and community buildingMeet the guerilla artist who staged a crypto ‘rug pull’ in front of the SEC How to Buy WazirX (WRX)Sam Bankman-Fried (SBF) Trial: Gary Wang Details Alameda Special Privileges Bitcoin (BTC) — Defined

The weekly timeframe technical analysis suggests that the increase could be the beginning of a long-term bullish trend reversal. Source: CoinGecko Bitcoin operator who laundered hackers' ransoms is jailedSource / Sam Cooling x DidgemanAs Uptober continues to drive a surge in on-chain crypto prices, markets remain defiant despite wider risk concerns stemming from the conflict between Israel and Hamas - and now, in the latest move, Snorlax token (SNOR) has exploded +500%.Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless pump-and-dump moon-shots, including BDOGE, APX, FTX, Blinky, DRS and шайлушай.Traders on Crypto Twitter (X) have been invigorated by the promise of high liquidity - and this has supercharged price action.SNOR Price Analysis: Snorlax Crypto Price Surges +500% in Israel Risk-Off DefianceAs the price rockets high, Snorlax token is currently trading at a market price of $0.0003510 (representing a 24-hour change of +688%).DEXtools / SNOR USDThis comes as the Pokemon-themed token - a tongue-in-cheek reference to the unmovable giant Snorlax character - launched less than 24-hours ago at 13:00 on October 9.Limited marketing and next-to-no presence on social media saw a slow opening 3-hours for SNOR, with growth limited to a moderate +50% move.However, at 16:00 the chart came to life, with a sudden influx of volume driving a dramatic +72% uptick in just one hour.Eagle-eyed DEX traders, poised on-chain to detect spikes in the market, flooded into the project over the next 3-hours in a massive flood of more than $985k in volume.Price action shifted into moon-shot form, as SNOR crypto price surged +440% to hit an all-time high at $0.000475.In the hour since, price has entered -7.5% localized retracement, but with an army of 250 holders emerging and a low market cap at $390k - everything is to play for as a good entry emerges.DEXtools / SNOR USDAn upside move here could see price rocket up to hit the ATH at $0.000475 again (a potential +35.55%).While short-time frame risk could see SNOR fall back down to $0.0001875 (a possible -46.49%).This leaves SNOR with a risk: reward ratio of 0.76 - an entry that could benefit from further retracement.But while DEX trades are balancing huge risks, an emerging Bitcoin mining presale is breaking out as one of the biggest crypto presales of October 2023.Introducing Bitcoin Minetrix (BTCMTX): Tokenized Bitcoin Cloud Mining RevolutionSource / CryptoNews.comDive into the innovative world of Bitcoin Minetrix and its pioneering stake-to-mine system. Offering an enticing 1224% Staking APY, it provides a platform where users can buy, stake, and then watch as the rewards start accumulating. The true essence of passive income in the crypto world has never been this accessible. With the Bitcoin Minetrix approach, gone are the days of heavy initial capital and navigating complex mining contracts.Key Highlights of the BTCMTX Advantage:Distinctive Edge in the Market: In an industry filled with numerous cloud mining platforms, Bitcoin Minetrix carves a niche for itself. As the first-ever tokenized Bitcoin cloud mining initiative, it offers an automated system that’s geared for cloud-based Bitcoin mining, setting a new standard for the industry.Safety First with Ethereum Blockchain: Bitcoin Minetrix operates on the tried and trusted Ethereum blockchain. This ensures top-notch security and reliability, allowing users to sidestep the risks associated with external mining pools, and offering a safeguard against potential fraudulent cloud mining services.Championing True Decentralization: At its core, Bitcoin Minetrix upholds the ethos of decentralization. In an age where centralization often introduces vulnerabilities, Bitcoin Minetrix breaks the mold, redistributing mining profits from big corporations to individual retail investors through its novel Stake-to-Mine system.Tapping into the Bitcoin Halving Opportunity: Perfectly poised to make the most of the upcoming Bitcoin halving, Bitcoin Minetrix provides investors with a golden opportunity. The impending halving might seem daunting for miners due to reduced block rewards, but historically, such events have driven up Bitcoin’s value. Bitcoin Minetrix provides a platform for investors to tap into this potential surge, sans the associated capital risks.The BTCMTX Presale Opportunity: The ongoing BTCMTX presale has already garnered significant interest, with over $880K raised towards its $1.54M goal. At a competitive price of just $0.011 per token, early investors have a unique chance to be at the forefront of this stake-to-mine evolution.In sum, Bitcoin Minetrix is set to redefine the Bitcoin landscape, with its innovative methodologies, stringent security measures, and the vast potential of its stake-to-mine mechanism, it beckons as a lucrative opportunity for early bird investors. Secure your position in this transformative journey by joining the BTCMTX presale today.Buy BTCMTX HereDisclaimer: 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.Best Crypto to Buy Now October 9 – Toncoin, Quant, Maker Solana rounded out the top three, recording sales of $6.86 million, a rise of 8.87% for the week. Topping this week’s NFT sales charts, the Mythos-linked Dmarket collection clinched $8.72 million, marking a 12.32% increase. Hot on its heels was Bored Ape Yacht Club (BAYC) with $4.13 million, rising by 25.18%.

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