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2024-04-29

Popular crypto exchanges(2023 Update) 2024-04-29
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XTZ Chart / Source: AdobeTezos (XTZ), the cryptocurrency that powers the Tezos layer-1 blockchain protocol, has pumped over 11% on Monday.XTZ was last trading around $0.72 per token, having rallied as high as $0.746 earlier in the session to test its 100-day Moving Average, after enjoying a strong bounce from support in the mid-$0.60s on Sunday.Tezos markets itself as a blockchain that is designed to address key barriers facing the adoption of blockchains for the trading of assets and use of decentralized applications.There doesn’t appear to have been any one fundamental catalyst behind Monday’s upside.Rather, technicals could explain the move.XTZ appeared to break an important trendline dating all the way back to late 2021 on Monday, which could have potentially triggered some technical buying.When an asset breaks out of a long-standing downtrend like this, its often a sign its long bear market has come to an end, although it doesn’t necessarily mean the start of an aggressive new bull market.Price Prediction – Where Next For Tezos (XTZ)?Before the bulls declare victory and that XTZ has found a near-term bottom, XTZ needs to also break above its 100DMA and clear the way for a retest of its 200DMA at $0.85.A break above the 200DMA would then be required for the bulls to really become confident that the bear market is over.If XTZ can achieve this, a quick retest of the psychologically important $1 level could be on the cards, which would mark a rally of around 40% from current levels.However, bulls should remain cautious, as near-term upside is far from a guarantee.Firstly, macro headwinds remain strong – markets were gripped by risk-off on Monday thanks to geopolitical concerns amid the escalating Israel/Palestine conflict, but the main headwind is that the US economy continues to outperform expectations, pushing back the potential date for the start of a US interest rate cutting cycle.Secondly, the Tezos blockchain doesn’t appear to be thriving – its trade value locked (TVL) in smart contracts has stagnated now for months, as per DeFi Llama, and its monthly transaction numbers continue to deteriorate, as per TZStats.Tezos (XTZ) Alternatives to ConsiderXTZ could well pump in the near future, but its outlook is marred by downside risks.For those looking for a 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.China Says Overseas Visitors Are Using e-CNY, Paying More Salaries with CBDC Rebecca Stevens, an analyst at The Block Research, noted a distinct correlation between Ordinals inscriptions and Bitcoin transactions, as users must initiate a transaction to link metadata to a satoshi. The transactions likely dropped due to a decline in Ordinals inscription activity, data aggregated on Dune suggests. Best Online Brokers For Buying And Selling ...At the CCDAS conference held in London, Yoann Turpin of Wintermute, a prominent digital asset trading firm, offered a perspective on this intersection. He pointed out a trend where professionals have been transitioning from crypto-specialized firms to established financial institutions. Narula is of the opinion that crypto projects need to shift towards the metaverse. He feels that various projects do not have the funding like Yuga, which has managed to acquire a significant amount of capital sourced from venture capitalists and via the sale of NFTs. He goes on to add that the maximum number of NFT projects need to adopt the idea of shipping continuously to the community.Improbable’s pivot to metaverse experiences is paying off, says CEO Narula

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Fabrix is the Hong Kong government-backed platform Wong conceived in 2020 in collaboration with the PMQ community design hub. It launched during the Covid-19 pandemic to help local designers like Kwan promote their businesses when they were unable to travel, and has since expanded to include emerging global fashion talent. “The ability for GPT to give us guidance just brought the temperature down and really kept family harmony,” Lee said. How to use Trust WalletNow, the DeFi sector is facing increased regulatory pressure to de-anonymize certain transactions and user profiles, while simultaneously dealing with flagging user confidence in terms of their individual rights to data privacy. The BTC price has been trapped between the 50-day and 200-day moving averages on the daily chart, with the former located around the $27K mark and the latter near the $28K level.

Connectivity Ippolito explains that the book describes FTX as a sort of “profitable casino” that ultimately failed because of Alameda’s shortcomings. FTX “was never real,” Ippolito says, “but Alameda was the vehicle that he was using to siphon all of the wealth out of FTX.” Tax Tip-Keeping records of your cryptocurrency transactionWhere's all the caution coming from? Whether to ensure the proper management of the patient’s data or to track the handling of medical supplies, smart contracts on the blockchain network are one of the best technologies in this situation. Smart contracts will also ensure that the costs are cut down on the paperwork. Providing the data at a moment’s notice will also reduce the overall time.

The correlation between Block shares and the price of bitcoin — standing at 0.61 — “appears to be a case in which investors’ perception of the impact of bitcoin on the company’s prospects matters more than the reality,” the analysts said in a Wednesday research note. $1m Fortune Won Playing Slots Game on No.1 Telegram Casino Mega Dice Is KuCoin KYC mandatory?Maker price is down by 8.29% over the past 7 days, whereas according to the price action, the MKR price continues to move in the bear’s influence. Sellers are trying to pull Maker crypto prices toward the lower trendline. How did we get here?


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