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2024-05-05

Popular crypto exchanges(2023 Update) 2024-05-05
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On 4-Hourly chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage. Lucky Star Currency office, Shenzhen, China. Source: Certik, Telegram Bitcoin Mining: BooksDEXTools Logo / Source: DEXTools TwitterThe bullish momentum in the crypto market has stalled somewhat on Friday as major coins like Bitcoin (BTC) and Ether (ETH) run into important short-term resistance levels.Bitcoin was last in the $26,400s, still up nicely for the week, but slightly lower on Friday after the cryptocurrency failed to get above a downtrend from the early August highs.Ether, meanwhile, was last near $1,620 having failed to break above its 21DMA.A further dump of generally strong US economic data on Friday (the Empire State Manufacturing Index and Industrial Production reports both exceeded expectations), which comes after Thursday’s strong Retail Sales figures and hotter-than-expected inflation numbers from earlier in the week, have pushed US yields back towards multi-decade highs.That’s triggering downside in the US stock market, with traders betting on higher interest rates for longer from the US Federal Reserve, which is also likely weighing somewhat on crypto sentiment on Friday.With major coins stuck below key resistance levels amid macro headwinds, traders continue to turn to the shitcoin/meme coin markets for better trading opportunities.Here are some of the best-performing low-cap coins on Friday, as per DEXTools.XDOGE ($XDOGE)A new Dogecoin copycat called XDOGE ($XDOGE) is pumping on Friday after a strong start to life on Thursday.As per DEXTools, the shitcoin is up more than 400% in the last 24 hours, making it a top performer.$XDOGE’s market cap was last just over $300,000, with liquidity of around $240,000 and impressive 24-hour trading volumes of around $1.7 million.The token has now been able to accumulate nearly 450 holders.While DEXTool’s security audit hasn’t identified any problematic aspects to the token’s contract, the fact that liquidity remains unlocked means the token could still be a rug pull.EmotiCoin ($EMOTI)A shitcoin called EmotiCoin ($EMOTI), which claims to be the first “elastic supply token” that reduces its supply by 20% every 4 hours, continues to rise in price.Continued price pumps have been able to attract lots of investors, with the token’s market cap having now been pushed higher to around $3.76 million, with over 1,700 holders.The token has over $230,000 in locked liquidity and only four alerts as per DEXTool’s security audit.These include a 5% buy and sell tax, which will disappear after 14 days, according to EmotiCoin’s website.MoonDAO ($MOONY)$MOONY, the token of the MoonDAO which proclaims to be on a mission to decentralize space, has pumped on Friday, marking one of its biggest ever one day moves since its launch in early 2022.$MOONY’s market cap was last around $3.5 million, with over $300,000 in liquidity.The latest price spike hasn’t been accompanied by a big surge in trading volumes, with 24-hour volumes only around $27,000, which should be a worry for the bulls that the recent move higher lacks real conviction.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 very cheap 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.VanEck's Ethereum Strategy ETF on Track for CBOE Listing The estimated number of crypto traders dropped 3% to 6.06 million from the previous period’s 6.27 million traders.

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Notably, this update from the Linqto director comes in response to investors’ undying interest in Ripple stock investment. For example, a crypto enthusiast recently commented on Linqto’s tweet asking: BoredApeYachtClub (BAYC) EOS Price Prediction: How High Will This Fallen Angel Go?Inability to store large files: A direct consequence of blockchain hosting’s limited storage capabilities is that the service may face challenges storing massive files and multimedia content, such as high-quality photos, videos, and sound files. Therefore, it may prove ineffective for content-rich websites and applications. Sustainability

According to Bloomberg, VCs invested only $1.9 billion in crypto firms throughout the third quarter of 2023. That being said, the crypto funding is down 63% in Q3 2023 compared to Q3 2022. To achieve this goal, Morpho Blue adopts a strategy of isolating markets through individual asset vaults, which operate autonomously without the need for manual intervention by the DAO to adjust risk parameters. This approach empowers lenders to provide capital to borrowers at higher levels while still maintaining lower overall risk compared to multi-asset pools since they only have to worry about the risk of one asset. As for pesky gas fees, Morpho Blue's aspired simplicity reduces gas consumption by 60% compared to alternative lending protocol, the project claims in marketing materials. How to Create a Dogecoin Wallet and Top Wallets 2022DYdX aims to solve the speed barrier by allowing buy and sell offers to take place off-chain. All settlements where trades are completed happen on-chain, Julio adds, “or at least through the StarkWare rollup that we’re using.” Worldwide placement: Hong Kong's regulatory posture can have an impact on the city's worldwide placement as a financial center. Investors and firms may prefer places with more liberal regulations, reducing Hong Kong's appeal as a financial center.

The company spent many sleepless nights deciding on the correct launch window, Strijers said. Bitcoin dominance represents the percentage of the total cryptocurrency market capitalization that Bitcoin holds. When Bitcoin’s dominance rises, it signals increased confidence in Bitcoin compared to other cryptocurrencies.  A Detailed Bitcoin Options Strategy: Halve Your Losses ...Among the procedures outlined in the expired phase is for participants to create an account on the Linqto platform and fund the account before the investment link goes live. Wang’s testimony revealed to the court that Bankman-Fried, Nashad Singh, Caroline Ellison, and Wang himself were involved in committing wire fraud. Wang said, “We gave special privileges to Alameda Research on FTX, which allowed it to withdraw unlimited amounts of funds from the platform, and we lied about this to the public.” Singh and Ellison are to testify against SBF in the trial.


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