VIRTUAL CURRENCY GUIDANCE - cyptoranking.com
2024-05-01
The NFP report appears to have boosted institutional investors’ confidence in Bitcoin. In an indication of this, a vital on-chain indicator shows that crypto whales based in the US have started piling on buying pressure this week. PayPal Refuses to Service Palestinians: Is Bitcoin the Solution? VIRTUAL CURRENCY GUIDANCERiot Platforms Increases Production and Revenue Sources Unlocking the Future of Gaming
#ETH open interest has increased since the start of September.Funding rates remain neutral to negative, suggesting the market lacks direction. pic.twitter.com/EHESMQMncw Altcoin Report from Analytics Company WazirX Exchange Review-Forbes Advisor INDIAHowever, by Oct. 9, average weekly transaction volume had sharply declined to around 283,000, a level unseen since the end of February. This drop seems to be in tandem with a decrease in Ordinals inscription activity. Inflation is a topic making rounds in the markets and the news as inflation figures have reached recently record highs globally. Notably, inflation is when prices of goods and services rise. On the other hand, deflation is when prices of goods and services decrease.
In terms of blockchain dominance, the total value locked in DeFi remains highly concentrated on Ethereum, according to the data. The top three chains are Ethereum, Tron, and BNB Chain. Record $307 Trillion Global Debt Puts World Economy on Alert 5 Best Crypto Exchanges In South Africa (Jun 2023) + $50 ...Source: Aevo OX Perps chart However, less than two days later, the decentralized social media project suffered another breach. On October 7, the Stars Arena team stated that its smart contract suffered a major security breach that allowed an attacker to drain an undisclosed amount of users’ funds from its platform.
“No Bitcoin was sold during the month,” Hut 8 said, stressing that the company owns one of the largest self-mined BTC reserves among publicly traded firms. “Total balance of Bitcoin in reserve was 9,366 on September 30 — 7,269 of which were unencumbered,” the firm added. In a significant development for the decentralized finance (DeFi) ecosystem, OKX Wallet has announced its integration with Morpho Protocol, a cutting-edge lending pool optimizer. This integration aims to empower crypto users with improved rates for both suppliers and borrowers while maintaining liquidity and risk parameters. Philippine Central Bank Approves Registration of Virtual Currency ExchangesThe Exchange Outflow Wave Has Spread Across the Ecosystem Per Kaiko, the bear market could be responsible for ether's underperformance relative to bitcoin.
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