The Listing of Money Trade Coin on Cryptocurrency Exchange & Rising Promise of New Era in Dubai - cyptoranking.com

2024-05-05

Popular crypto exchanges(2023 Update) 2024-05-05
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The US Dollar Index rose 0.29%, to 105.77. The euro gained 0.3852%, ending up at 1.0606. The yen fell 0.1%, causing the number of yen needed to buy a dollar to rise to 148.6660.BlockFi Bankruptcy Judge Says He Wants 3AC’s $284M Claim Resolved in Mediation Boston, USA — Vechain, a prominent L1 public blockchain, has unveiled the winners of its sustainability-themed hackathon, a 36-hour marathon hosted at Harvard University in partnership with Web3 educational app, EasyA, and global consulting firm, Boston Consulting Group (BCG). — Vechain Track Winner: Movelo, creators of a "move-to-earn" application that allows companies to sponsor and reward users for sustainable transportation choices such as walking, biking, or ride-sharing. BCG Track Winner: FiTag, developers of a luxury fashion tracking iOS app promoting supply chain transparency through blockchain and NFC tags, digital twins, loyalty-program NFTs, and AR shopping. 'Shark Tank' Pitchathon Track Winner: PropelPixel, the brains behind an eco-friendly travel solution incentivizing ride-sharing and sustainable travel through a bespoke metaverse environment powered by NFTs. These visionary projects collectively earned a share of $46,000 in prize money, with additional funding opportunities announced at the event. Movelo, built on VechainThor, the sustainable public network by Vechain, uses blockchain to verify distances traveled through walking or cycling, calculates carbon offsets, and directly rewards individuals based on carbon emissions saved. It gamifies the experience with NFTs and leaderboards, offering companies a new way to incentivize sustainable travel options for their employees. FiTag, the winner in BCG's track, is a luxury fashion tracking app ensuring brand supply chain transparency through Vechain's blockchain. Utilizing NFC tags, FiTag provides transparency from sourcing to sale, complies with sustainability regulations, and promotes a circular economy through a rental model. NFTs guarantee product authenticity and digital ownership. Sunny Lu, CEO of Vechain, emphasized the role of Web3 technologies in sustainable development. He noted that developers are crafting sustainable dApp ecosystems, leveraging tokenization and gamification to drive positive change. The Pitchathon category winner, PropelPixel, offers a platform where users share eco-friendly travel experiences, earning tokens and NFTs for documenting their journeys. It redefines carpooling, ridesharing, and public transportation with a secure platform for sharing experiences. A panel of industry experts judged the projects, assessing their ability to address sustainability applications, particularly 'X'-to-Earn sustainability solutions. “Over the weekend, we saw the development of truly innovative blockchain solutions for enterprises, and we now have the opportunity to see these winners enter the sector and reshape the way entities within it operate." Bernhard Kronfellner, Partner at BCG "The event further demonstrates how building on sustainable infrastructure like vechain’s network can make sustainability a by-product of business solutions, meaning companies can both streamline their processes and strengthen their carbon neutrality efforts all at once,” commented Bernhard Kronfellner, Partner and co-lead of the digital asset and blockchain group at BCG. The hackathon marked the conclusion of Vechain's #60daysofvechain event, attracting over 10,000 candidates and gathering 200 top developers from companies like Google, Meta, and Coinbase, as well as prestigious institutions including Harvard, MIT, Princeton, Yale, Wharton, and Stanford. — About Vechain Vechain, headquartered in San Marino, Europe, is the curator of VechainThor, a leading smart contract platform advancing the real-world adoption of blockchain technology. VechainThor's capabilities include trustless data, smart contracts, and IoT technologies, enabling solutions across various fields with a focus on sustainability and digital transformation at a global scale. About EasyA Founded by former Cambridge University and Wharton School alumni, Phil and Dom Kwok, EasyA is a leading Web3 learning app with a large developer community. It partners with over 250 blockchain clubs worldwide and ranks as one of the top apps on the App Store, receiving Apple's App of the Day award.Bitkeep unveils new partnership with Sunflower Land The Listing of Money Trade Coin on Cryptocurrency Exchange & Rising Promise of New Era in DubaiThe Block: I can understand that argument if it's the futures market where price discovery is happening, but what if its vice versa? I imagine there could be a difference. What if price discovery is happening in the spot market, and the futures are just following that? Are the futures tracking the price of the underlying asset? Or are they influencing the value of the underlying asset? Her proximity to Bankman-Fried’s business and personal lives is almost certain to give the jury its closest look yet at the decision-making that led to FTX’s epic collapse last November. She has been cooperating with the government since at least December, when she pled guilty to an array of financial crimes stemming from her time at Alameda.

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A recent study conducted by the Bank of Canada delved into the role a central bank digital currency (CBDC) would play in improving financial inclusion, digital inclusion, and accessibility. The study concludes that while the Canadian financial ecosystem is inclusive, a CBDC might help tackle several challenges not dependent on the system itself. VanEck and ProShares have 67 and 137 ETFs trading in the US, respectively, according to ETF.com — funds across an array of asset classes. Tether (USDT): Meaning and Uses for Tethering Crypto ...The bullish momentum that propelled Bitcoin (BTC) to a 66.1% year-to-date gain has all but vanished as Bitcoin lost 9.4% in the past 6-months. Bitcoin price seemingly had sustained bullish momentum after the Grayscale court victory against the SEC, but these gains have fully evaporated as the losing streak from September continues into October. The contraction in Bitcoin price has some analysts comparing the current BTC market to the pre-bull market cycle of 2015-2017 as $28,000 becomes a major resistance. Bitcoin price. Source: TradingViewLet’s take a closer look at the factors impacting Bitcoin price today.Liquidity disappears as Bitcoin longs liquidatedThe start of 2023 saw traders with short positions continually dominating liquidations in the futures market. Bulls were caught off-guard on Aug. 17 when a flash crash caused over $213.5 million of longs to be liquidated. This marked the largest single day of Bitcoin long liquidations since the Terra Luna collapse in May 2022. Since the flash crash, the market has been in a perpetual state of capital outflows from risk assets like Bitcoin. Options volume is down 40% on Oct. 9.Bitcoin long liquidations continued in October with $12.6 million liquidated in the 24-hours proceeding Oct. 9. Bitcoin derivatives overview. Source: CoinglassWhen BTC longs are liquidated without buying pressure from traders, Bitcoin price is negatively affected. Bitcoin trading volumes have also continued to drop as Binance bleeds market share for the seventh straight month after halting zero-fee trading. The absence of consistent liquidity and trading volume has led some analysts to describe Bitcoin price behavior as illiquid and choppy. Related: The Truth Behind Cuba’s Bitcoin Revolution: An on-the-ground report All eyes are on the spot Bitcoin ETFsThe short-term uncertainty in the crypto market does not appear to have changed institutional investors' long-term outlook. Despite a hostile U.S. regulatory environment, large institutions are pushing for Bitcoin financial instruments which may spark a bull run. Currently, 9 top investment firms have ETF applications pending with the SEC. Despite the urgency of major financial firms, the SEC seems poised to continue to delay decisions on approving Bitcoin ETFs, including BlackRock’s application, until 2024. This could continue negatively impacting investor sentiment and price action across the crypto market. While some investors have speculated that BlackRock may be suppressing Bitcoin price ahead of their eventual ETF launch, the argument seems to be a conspiracy as they have more to lose from a BTC price crash. Related: Bitcoin bulls keep pressure on $28K while calls for BTC price dip growEven with the current Bitcoin price downturn, Real Vision’s Raoul Pal believes macro factors like interest rate cuts and ETFs will spark the next BTC bull run. Will short term pain in macro lead to long-term gains in crypto?Bitcoin price continues to be directly impacted by macroeconomic events, and it is also likely that further escalation in the conflict between Israel and Hamas, regulatory actions and interest rate hikes will continue having some effect on BTC price. Directly after the conflict between Russia and Ukraine began, Bitcoin price dropped by 8%. While the drawdown was quickly erased, it’s likely that investors will expect the conflict-driven volatility to continue. In the long term, market participants still expect the price of Bitcoin to recover, especially as more financial institutions are seemingly embracing BTC. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. Elliot Wave theory and Fib levels in the daily time frame suggest that the price will reach a bottom soon.

Future trends and developments in achieving faster and more reliable finality After FTX employees realized that the attacker had complete access to a series of wallets, the team declared that "the fox [was] in the hen house” and scrambled to keep the remaining funds out of the hacker’s hands. Bitstamp gets crypto license for its Spanish subsidiarySHIB Market Value Analysis Foster innovation and collaboration in the blockchain ecosystem by supporting various decentralized applications and use cases that leverage Radix’s smart contracts and interoperability features.

While the Litecoin price action is bearish, the RSI still offers hope for a bullish trend reversal. This is because the bullish divergence trendline (green line) that preceded the increase is still intact. Will ADA Price Lose $0.24 Support? How to Convert Crypto to CashMoreover, the MKR price has gained around 86.76% in the last six months and has gained 166.52% year to date. This confirms the facts regarding MKR crypto’s bullishness in the long term. According to analysts, the XRP Ledger network is seeing much lower levels of cryptocurrency whale activity than in 2011 and 2022. This happened despite the fact that the XRP token was in trouble with the SEC at the time and the case was thought to be lost. However, at a time when whale activity is low, it is noteworthy that there are developments in favor of Ripple in the XRP-SEC case.

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