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2024-04-27

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The data platform and dashboards will be shared with other central banks to gather their thoughts on how it can be made better.The race begins: How ETH futures ETFs fared on day 1 This market would operate as a platform for users to exchange one stablecoin for another, similar to traditional forex markets that deal with fiat currencies like USD, EUR and JPY. How to Buy Dogecoin (DOGE) in the UKThe Titan Fund’s investment portfolio already includes various noteworthy ventures. Furthermore, Meta has unveiled 28 AI chatbots featuring celebrity personalities, adding a fun and interactive dimension to its platforms. Alongside these chatbots, the company introduced EMU, an image-generating AI model that transforms text prompts into images within seconds.

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Bitcoin (BTC) traders are displaying behavior similar to the 2022 bear market bottom as “uncertain” sentiment rules, new research argues.In one of its Quicktake market updates on Oct. 9, on-chain analytics platform CryptoQuant examined a major drop in realized capitalization of the most active part of the BTC supply.One-month-old BTC supply realized cap comes full circleBitcoin’s more speculative investor cohorts continue to come in for scrutiny this year as BTC price action experiences a variety of diverging environments.The spot price is currently circling the aggregate cost basis for so-called short-term holders (STHS), defined as entities hodling a given amount of BTC for 155 days or less.Now, CryptoQuant reveals that the realized capitalization, or cap, of coins that last moved between 24 hours and one month ago has collapsed in recent months.Realized cap refers to the combined value, in U.S. dollars, of a specific group of Bitcoin being used in transactions. Tracking the total value of the one-day to one-month (1D-1M) cohort can give insights into broader BTC price action, CryptoQuant says.“In my view, this dataset effectively reflects Bitcoin's market price fluctuations,” contributor Binh Dang wrote. “It represents recently acquired coins before they become long-term holdings or are continually traded in the short term.”In late 2022, when BTC/USD fell to two-year lows, the 1D-1M cohort’s realized cap fell below $20 billion. When Bitcoin peaked at just below $32,000 in July, the realized cap peaked at more than double — around $44 billion.Binh shows that the figure has now retreated back to those bear market levels, “recovering slightly” to still hover near the $20 billion mark.“The current change in this data (in blue and green) shows an inconsistent recovery, partly due to general market sentiment, including macroeconomic and geopolitical issues,” he continued in commentary on an illustrative chart.Bitcoin realized cap supply data (screenshot). Source: CryptoQuantBitcoin newbies “should not expect” rerun of Q1 gains$20 billion has formed a broad floor for the 1D-1M group since September 2022, but a stronger bounce should be viewed as unlikely in the future.Related: Bitcoin dominance hits 3-month high as ‘hammered’ altcoins risk dive“The market will likely remain uncertain if these data don’t show significant and positive trends from now until the year’s end,” Banh wrote. “The volatility will be unpredictable, so newcomers should not expect continuous and strong price increases as in the first half of this year.”Similar conclusions can be drawn from the percentage of the aggregate realized cap accounted for by 1D-1M coins.Bitcoin 1D-1M cohort realized cap % chart (screenshot). Source: CryptoQuantThis 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. There are more factors at play here that influence the price of Bitcoin other than these cycles. The fact that the Federal Reserve started to print huge amounts of money in 2020, really spiked the risk appetite for many investors to look for a safe haven like the financial markets and Bitcoin. It’s very clear that the moment the Federal Reserve started to inject money into the economy, the price of Bitcoin and the financial markets started to go up until the money printer halted again in 2022 and the price of Bitcoin entered a 1-year declining phase. These fundamental changes in the economy will most likely have an impact on Bitcoin and the way these cycles could unfold. LITIGATION ALERT: Texas Virtual Currency Act ...The Legendary TRU Band Room Joins Forces with SpottieLand in Decentraland In a groundbreaking development, the TRU Band Room, part of the Rocking Uniquehorns (TRU) community, has forged a strategic partnership with SpottieLand, the immersive virtual environment created by Web3 musician and entrepreneur, SpottieWiFi. SpottieLand, launched earlier this year within Decentraland (DCL), is quickly becoming a hub for music and art enthusiasts in the metaverse. TRU Band Room in Decentraland Since its inception in 2021, the TRU Band Room has hosted over 700 live shows, showcasing talents from more than 20 countries, making it a vital contributor to the burgeoning metaverse music scene. The partnership with SpottieLand marks a significant move for the Band Room, which will relocate to this exciting new space. Mark your calendars for the grand reopening on October 2nd at 10pm UTC. This event promises to be a game-changer for Decentraland users, as they will get the first glimpse of the revamped TRU venue. Notably, the updated TRU venue will feature an exclusive VIP floor accessible solely to holders of Rocking Uniquehorns NFTs. TRU Band Room has always aimed to create a larger and more captivating venue for its weekly lineup of artists, including renowned resident musicians like StoneyEye, Mr.Swe, and Ash Orphan. The collaboration with SpottieLand was a natural choice given SpottieWiFi's unwavering commitment to Web3 and metaverse music. Shelley VanWitzenburg (ShelleyVan), manager and host of TRU Band Room, expressed their enthusiasm for this partnership, emphasizing SpottieWiFi's pioneering role in the metaverse music space. “The commitment SpottieWiFi has shown to growth of Web3 and metaverse music is unprecedented. He’s a true innovator and pioneer in the space, and we couldn’t be more thrilled to combine our communities to help create further growth and opportunities for independent musicians,” said Shelley VanWitzenburg (ShelleyVan), manager and host, TRU Band Room. SPOTTIE.LAND SpottieWiFi, who is already well-known among metaverse music fans, has expanded his presence in Decentraland with the opening of SpottieLabs HQ. SpottieLand is poised to become the go-to destination for music and art aficionados in DCL, having hosted Web3 music powerhouses like Allan Kingdom, Stockz, Shark Anthony, and Nessy The Rilla. This commitment to supporting emerging metaverse musicians motivated the decision to partner with TRU. “TRU has been a pillar in Decentraland for over two years now, producing hundreds of live shows and consistently creating a space where musicians and fans from all over the world can connect in a meaningful way. We share the same vision and mission, so it's an honor to welcome the TRU team and community to SpottieLand,” said SpottieWiFi. The updated TRU Band Room, developed in collaboration with Switzerland-based Software Brauerei, WJ Designs, and Songbird Collective, boasts several enhancements, including the exclusive VIP floor. This VIP area, inspired by intimate music club atmospheres in cultural hotspots like West Hollywood, CA, and New York City, can be accessed through a portal in the main performance room's loft area or via two "Band Member" entrances in the new rear parking lot. Inside the VIP lounge, TRU NFT holders can enjoy a bar, booth seating, and a large screen for live music performances. Mint a TRU NFT to gain VIP access and support a musician in the process by selecting from the dropdown menu of artists who've performed in the venue. Outside the main venue, a beer garden offers Decentraland users an opportunity for pre-show entertainment. The front of the building features dynamic elements, including a dynamic billboard, animated lighting, and a lively version of the beloved TRU mascot, Steve. Later in the year, phase two of design updates will introduce a brand-new NFT record shop and tour bus. Don't miss the grand reopening of the TRU Band Room on October 2nd at 10pm UTC, located at coordinates 100,77 in Decentraland. The event will include live interviews with TRU venue manager Shelley Van, SpottieWiFi, and The Rocking Uniquehorns co-founder UniKorn, followed by MoFyah Monday with StoneyEye. Additional event details can be found here. This exciting partnership between TRU Band Room and SpottieLand is set to reshape the metaverse music landscape, offering unprecedented opportunities for both musicians and fans. Join us in this epic journey into the virtual world of music and art! Upcoming events Keep an eye on the Decentraland Events page for the next party. Find your friends wherever they are in the metaverse by setting up your Gate on Lighthouse, the open metaverse navigation engine! Follow TRU on Twitter & InstagramThe metaverse is real: Zuck's 'incredible' photorealistic tech wows crypto twitter Manifold Finance says that the transition to this new auction system will lay the foundation necessary to support advanced applications related to priority-sensitive transactions and multi-slot bidding for block builders.

DEXTools Logo / Source: AdobeMajor blue-chip cryptocurrencies continue to slide, with Bitcoin (BTC) last trading in the $27,300s, down close to 1%, and Ether (ETH) last trading just to the north of $1,550 and down a little over 1%.Bitcoin remains in a short-term uptrend, but is threatening a downside break, which would be confirmed if the cryptocurrency broke under $27,000 once again.Ether, meanwhile, continues to face headwinds following the recent underwhelming launch of ETH futures ETFs in the US, which saw week demand, and following a surprise sale of around $2.7 million ETH tokens by the Ethereum Foundation earlier in the week.Elsewhere, sentiment is downbeat across most other major cryptos, with the likes of XRP (XRP), Solana (SOL), Cardano (ADA) and Dogecoin (DOGE) all down 1-4% in the past 24 hours, as per CoinGecko.Traders will be monitoring the ongoing war between Israel/Gaza and its impact on oil prices this week, as well as moves in the US bond and currency markets this week.However, the main event is likely to be the release of US PPI and CPI inflation figures on Wednesday and Thursday.Ahead of this data, traders will likely continue to turn to the highly illiquid shitcoin/meme coin markets for better trading opportunities.Here are some of the top-performing low-cap coins as per DEXTools.Dee Jay ($DEE)A shitcoin called Dee Jay ($DEE) that was launched on Tuesday has seen an almighty 400% pump from its decentralized exchange launch price, making it the best-performing shitcoin, as per DEXTools.$DEE last had a market cap of just under $300,000, with 24-hour trading volumes of around $530,000, over 200 holders and a little over $240,000 in liquidity.The token’s smart contract has two alerts, as per the DEXTools security audit, including an anti-whale mechanism and a trading cooldown function, both potentially handing the token’s issuer unfair influence over trading conditions.KingdomGame ($KINGDOM)Telegram-based game KindomGame’s native $KINGDOM token has pumped up an impressive more than 200% in the past 24 hours, as per DEXTools, making it a top performer.$KINGDOM last had a market cap of around $2.43 million, nearly $850,000 in 24-hour trading volumes, nearly 1,000 holders and close to $200,000 in locked liquidity.The token is up a stunning 800x versus its launch price earlier this month at just above $0.0003.While it doesn’t appear to be a scam, the token has a few concerning aspects to its contract, such as a 5% buy and sell tax and an anti-whale mechanism, although it does have a strong community trust score of around 92%.Loong ($LOONG)A shitcoin called Loong ($LOONG) is up over 130% on Tuesday, making it a top performer in the past 24 hours, as per DEXTools.The token is looking to make it four days in the green in a row since its launch late last week and has managed to already surpass a market cap of a $500,000.$LOONG has already massed more than 175 holders and over $80,000 in liquidity, but its pump isn’t being driven by much volume.With only around $70,000 of the token changing hands in the past 24 hours, $LOONG’s latest pump may lack conviction.The token has a few concerning aspects to it, including a 5% buy tax and a 6.8% sell tax, as well as a few other functions that could hand the issuer unfair powers over trading conditions.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 Exchanges Adapt: Coinbase, Revolut, and Binance Update Apps for UK Regulations – Here's the Latest Although the network is neutral, companies have been created which support the ongoing network that are restricted on the business side of things (i.e., regulatory constraints, business operation decisions, capital availability, cost, etc.). These constraints may introduce distortions when considering any newly Best Cryptocurrency Exchanges & Apps for May 2023In the last week of September, when traders became more optimistic about the possibility of a U.S. government shutdown, Bitcoin and other cryptocurrencies saw an increase in value. In just 24 hours, Bitcoin’s price rose by 2%, surpassing the $27,000 mark and pushing it past the $26,000 level, where it had been trading for over a month. At the time of writing, the leading crypto is trading at $27,516, according to data from CoinMarketCap. A recent social media post from Aztec seeking to promote the emulator’s value proposition, speculated that validated achievements could potentially unlock rewards, badges, or new game levels.

The rules of a DAO are made by a core team of community members through the use of smart contracts. In detail, these are codes that execute automatically when a set of rules are satisfied. Once these rules are written onto the blockchain, the next step is funding. Axie Infinity was released in 2018 by a Vietnamese game studio, Sky Mavis. It is a P2E metaverse game that was inspired by Pokemon. Users may grind the game and find rewards such as NFTs of the characters or other valuable assets. Centralized crypto exchanges are dying, so long live centralized exchanges?Describing the potential of his invention, Benny Giang said: On the positive side, Santiment analysts explained that whales and sharks in the Ripple network are increasingly accumulating more of the XRP supply. While last year the amount of coins held by cryptocurrency wallets holding between 100 thousand and 100 million Ripple tokens was 7.16 billion dollars, this year it increased to 7.89 billion dollars.


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