14 Best Cryptocurrency Brokers in June 2023 ? ... - cyptoranking.com

2024-05-03

Popular crypto exchanges(2023 Update) 2024-05-03
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Security concerns Stratos allocated $5 million of the funds to REZI, a real-estate tech firm focusing on apartment rentals in major U.S. cities, which has now stopped paying and is expected to write down the position to zero, the post said. 14 Best Cryptocurrency Brokers in June 2023 ? ...Ethereum co-founder Vitalik Buterin has admitted that node centralization is one of Ethereum’s main challenges. In September 2023, he said that finding a perfect solution to handle this problem may take another 20 years.Magazine: Blockchain detectives — Mt. Gox collapse saw birth of Chainalysis Bitcoin has been stuck inside a large range since April, indicating indecision about the next directional move. Efforts by the bears to sink the price below the support of the range were thwarted by the bulls on Sept. 11. However, Bitcoin (BTC) is not out of the woods yet. Jamie Coutts, a chartered market technician and crypto market analyst at Bloomberg Intelligence, told Cointelegraph that if the tightening cycle extends, followed by “an uptick in unemployment and more stress in the banking sector, then there could be a bit more pain for risk assets like Bitcoin.” Daily cryptocurrency market performance. Source: Coin360Cryptocurrency traders have also remained cautious. A Bitfinex report shows that the cryptocurrency industry witnessed capital outflows of $55 billion in August. The drop in liquidity has caused isolated events to “have a bigger impact on market movements,” the report added.Will Bitcoin turn down and retest its pivotal support? Could Bitcoin’s weakness trigger further selling in altcoins? Let’s study the charts of the top 10 cryptocurrencies to find out.Bitcoin price analysisBitcoin broke and closed above the 20-day exponential moving average (EMA) of $26,228 on Sept. 14, indicating that the downside momentum is weakening.BTC/USDT daily chart. Source: TradingViewThe 20-day EMA is flattening out and the relative strength index (RSI) is near the midpoint, signaling that the BTC/USDT pair may stay range-bound between $24,800 and $28,143 for some more time. If bears want to make a comeback, they will have to quickly pull the price back below the 20-day EMA. Such a move will suggest that higher levels are being sold into. That could result in a retest of the strong support at $24,800.Ether price analysisEther (ETH) plunged below the $1,550 support on Sept. 11, but the bears could not build upon this strength. This suggests solid buying at lower levels.ETH/USDT daily chart. Source: TradingViewThe bulls thereafter started a recovery, which has reached the 20-day EMA ($1,638). This level is likely to witness a tough battle between the bulls and the bears. A break and close above the 20-day EMA could trap several aggressive bears, resulting in a short squeeze. That could propel the price to $1,745.Instead, if the price turns down from the 20-day EMA, it will suggest that the bears remain in command. The sellers will then make another attempt to sink the ETH/USDT pair below $1,550 and resume the downtrend.BNB price analysisBNB (BNB) bounced off the psychological support near $200 on Sept. 12, indicating that the bulls are active at lower levels. BNB/USDT daily chart. Source: TradingViewThe recovery has reached the 20-day EMA ($215), which is an important level to watch out for. If the BNB/USDT pair turns lower from the current level, it will indicate that the sentiment remains negative and traders are selling on relief rallies. That will increase the risk of a breakdown below $200. Contrarily, the RSI is forming a positive divergence, indicating that selling pressure could be falling. A rise above the 20-day EMA could open the doors for a retest of the 50-day simple moving average (SMA) at $225.XRP price analysisXRP (XRP) has been trading between $0.41 and $0.56 for the past several days. The price has recovered to the 20-day EMA ($0.50), which is an important level to keep an eye on.XRP/USDT daily chart. Source: TradingViewIf buyers thrust the price above the 20-day EMA, it will indicate that the selling pressure is reducing. That could start a sustained recovery toward the overhead resistance at $0.56. This level may again act as a roadblock.If the price turns down from $0.56, it will indicate that the range-bound action may continue for some more time. The next trending move is likely to begin after bulls push the price above $0.56 or bears sink the XRP/USDT pair below $0.41.Cardano price analysisThe strong selling in Cardano (ADA) pulled the price to $0.24 on Sept. 11, but the bears could not break the crucial support.ADA/USDT daily chart. Source: TradingViewThe rebound off $0.24 on Sept. 12 reached the 20-day EMA ($0.26) on Sept. 15. This level is likely to witness a tussle between the buyers and sellers. If the ADA/USDT pair turns down sharply from the 20-day EMA, it will indicate that every minor rise is being sold. That could increase the risk of a drop to $0.22.Contrarily, if buyers shove the price above the 20-day EMA, it will signal the start of a stronger recovery to $0.28. Dogecoin price analysisDogecoin (DOGE) continues to trade between the 20-day EMA ($0.06) and the solid support at $0.06. This tight-range trading is unlikely to continue for long, and a breakout may happen soon. DOGE/USDT daily chart. Source: TradingViewIf buyers kick the price above the 20-day EMA, it will suggest that the sellers may be losing their grip. That could start a relief rally to the 50-day SMA ($0.07), where the bears are expected to intensify selling. Contrary to this assumption, if the price turns down sharply from the 20-day EMA, it will enhance the prospects of a break below $0.06. If this support breaks down, the DOGE/USDT pair may plummet to $0.055.Solana price analysisSolana’s SOL (SOL) has been swinging between $14 and $27.12 for the past several months. The price has reached the 20-day EMA ($19.51), where the bears are likely to pose a stiff challenge.SOL/USDT daily chart. Source: TradingViewIf buyers thrust the price above the 20-day EMA, the SOL/USDT pair could reach the overhead resistance at $22.30. This level may again act as a strong hurdle, but if bulls overcome it, the pair could climb to $27.12.On the contrary, if the price turns down from the 20-day EMA, it will signal that demand dries up at higher levels. The bears will then try to resume the downtrend and yank the price to the vital support at $14.Related: Japan to allow startups to raise funds by issuing crypto instead of stocks: ReportToncoin price analysisToncoin (TON) snapped back from the 20-day EMA ($1.75) on Sept. 12, indicating that the bulls are viewing the dips as a buying opportunity.TON/USDT daily chart. Source: TradingViewThe price reached the first resistance at $1.98 on Sept. 13, where the bears are trying to halt the up move. A minor advantage in favor of the bulls is that they have not ceded ground to the bears. This suggests that the bulls are in no hurry to book profits as they anticipate the up move to continue.If the $1.98 level is taken out, the TON/USDT pair could reach $2.07. This is an important level for the bears to defend because a break above it could propel the pair to $2.40. On the downside, a slide below the 20-day EMA could tilt the advantage in favor of the bears.Polkadot price analysisPolkadot's DOT (DOT) has been trading below the breakdown level of $4.22 for the past few days, which is a negative sign.DOT/USDT daily chart. Source: TradingViewThe bulls are trying to start a relief rally, but that is likely to face strong selling at $4.22. If the price turns down from the overhead resistance, it will suggest that bears remain in control. The sellers will then try to sink the DOT/USDT pair below $3.90. If they succeed, the pair could collapse to $3.44.If bulls want to prevent the decline, they will have to push and sustain the price above $4.22. If they do that, it will suggest that the markets have rejected the breakdown. The pair may then attempt a rally to the 50-day SMA ($4.61).Polygon price analysisPolygon’s MATIC (MATIC) slipped below the critical support at $0.51 on Sept. 11, but the bears could not maintain the selling pressure. That started a rebound, which is nearing the 20-day EMA ($0.54).MATIC/USDT daily chart. Source: TradingViewThe bears will attempt to stall the recovery at the 20-day EMA and tug the price below $0.50. If they manage to do that, it will signal the resumption of the downtrend. The MATIC/USDT pair could then slump to $0.45.Although the downsloping moving averages indicate advantage to bears, the positive divergence on the RSI suggests that the bearish momentum may be slowing down. If buyers clear the obstacle at the 20-day EMA, the pair may climb to $0.60.This 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.

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Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.The trending presale of the green crypto project Chimpzee has entered the final phase. There will be four stages (13-16) in the final phase, featuring a gradual price increase. The presale presents the last opportunity for investors to grab the token for discounts and bonuses. For example, Chimpzee offers 4X bonus coins currently. It will any time. A wildlife conservation project with a twistChimpzee is a wildlife conservation cryptocurrency that brings crypto incentivization to the formula. It offers attractive sources of passive income to users who engage with its platforms and donates a share of its profits to various environmental causes related to wildlife conservation. Wildlife conservation is intricately related to climate action. Forests around the world absorb a large share of the carbon emitted into the atmosphere. They mitigate the impact of our rising living standards, urbanization, and capitalism. As we wipe out more forests and wildlife, the planet will be unable to cope up with the rising carbon emissions sustainably. That would lead to more obvious repercussions, making a repair strategy nearly impossible. Even if the planet regenerates after that, human civilization will plunge to new lows. This is where a project like Chimpzee comes into play. Combining the advanced potential of blockchain technology and cryptocurrencies, Chimpzee offers a sustainable solution to wildlife depletion.Awareness + incentivization Humans love short-term rewards. Maybe it has something to do with the life our ancestors led as hunters and gatherers. Back in the day, it didn’t make sense for us to make long-term plans due to the meteoric, short lives we had amidst a variety of different threats.Our lives have changed rapidly over the last thousands of years, and especially in the last few hundred years. But our psychology still craves short-term rewards and disregards long-term threats.As important as awareness programs are, we can't motivate everyone to become a part of climate action initiatives with just that.Chimpzee believes that incentivization will do the job.First, it brings people who are looking for extra sources of side income into the picture. Second, it gives anothThree ways of earning, boosted by NFT passports Chimpzee offers three ways of earning a passive, side income for those who are interested. They are integrated into the three pillars of the Chimpzee ecosystem. Chimpzee Shop for branded merchandise: Shop-to-EarnNFT Marketplace: Trade-to-EarnZero Tolerance Game: Play-to-EarnIf you want to boost your earnings from the platform, you could make use of Chimpzee NFT passports. They are key to receiving the biggest rewards and having the most benefits in the Chimpzee Ecosystem.The NFT passports can be divided into four: Diamond, Gold, Silver, and Bronze. Diamond NFT Passports offer the best rewards, bonuses, and benefits in the ecosystem. The NFTs also come with VIP Access, which enters you automatically into any whitelist event, airdrop, or special promotions. When will Chimpzee begin its activities?Chimpzee already has.The project has been donating to various causes every time it hits a new presale milestone. For example, Chimpzee has been working with One Tree Planted to plant 1200 trees in the Acre region of Brazil and help restore the Brazilian rainforest. One Tree Planted joins forces with local communities and environmental organizations to create an impact on nature, people, and wildlife.Chimpzee has also donated $15,000 to save one of the last herds of desert-adapted elephants, joining hands with WILD Foundation.In another partnership with One Tree Planted, Chimpzee sponsored the planting of 20,000 trees to restore rainforests on the Southwest Coast of Guatemala.In stark contrast to most crypto projects, Chimpzee is well ahead of its roadmap prior to the token launch. That strengthens the credibility of the project. How to invest in Chimpzee?You can invest in Chimpzee by buying CHMPZ tokens..While CHMPZ is the native crypto of the platform used to fuel the reward and payment mechanism, Chimpzee NFT Passports give holders a wide range of benefits in the ecosystem.Both these assets have value outside the Chimpzee ecosystem and will be bought and sold on open crypto exchanges for fiat and cryptocurrencies.The CHMPZ presale, now in the final phase (BRONZE) is the best investment gateway to the project. In addition to offering the tokens for heavily discounted prices with attractive bonuses, it also gives whitelist access to the NFT sales, as shown below.Deflationary tokenomics strengthens the growth potential Chimpzee has implemented a token-burning mechanism to combat market volatility. It takes advantage of the inverse relationship shared by the price of an asset and its supply.The supply of CHMPZ tokens is slashed from time to time to maintain and strengthen its value, even during broader market downturns. The project also has an NFT staking mechanism in place, which renders it a solid crypto investment. Visit Chimpzee PresaleAdvancing the Digital Assets Frontier | Synthesis Partners with ANSG to Catalyse Growth Beyond Speculation Excellence Winner: Acel Crypto CFDs Trading|Live Cryptocurrency PricesAmong the 29 companies that have entered web3, 75.9% have chosen indirect approaches, focusing on investments or infrastructure development in the blockchain gaming sector. For instance, Microsoft has strategically invested in WeMade, while Tencent and Unity Software concentrate on building essential blockchain gaming infrastructure. Ofcom is worried that "hyperscalers" like AWS and Microsoft Azure are stifling competition in the cloud computing sector, where they collectively account for approximately 60% to 70% of total cloud spending. Smaller cloud providers face challenges in gaining a foothold in this landscape.

● The Offering Bitcoin (BTC) rejected at $28,000 after the Oct. 5 Wall Street open as a return toward six-week highs failed.BTC/USD 1-hour chart. Source: TradingViewBitcoin sees swift comedown after new $28,000 retestData from Cointelegraph Markets Pro and TradingView followed BTC price action as bulls attempted to match levels from earlier in the week.This encountered problems just above the $28,000 mark, however, with the subsequent hourly candle sending the market down $700, or 2.5%.Commenting on the status quo, on-chain monitoring resource Material Indicators was unsurprised. Its proprietary trading tools had warned of a fresh downturn, it said, and the chain of events could still repeat.“If you didn’t see this rejection coming, then you might want to evaluate your tools, because both TA and Trend Precognition indicated a high probability of a rejection,” part of an X post stated.“That doesn’t mean we won’t see another attempt, because we probably will.”Continuing, Material Indicators co-founder Keith Alan eyed a possible trading range for BTC/USD going forward, noting that the current spot price zone was the site of “key” support/resistance flips in prior bull markets.“So far, Key Moving Averages are serving as strong technical resistance (and support). Breaking this range to the upside is a possibility this month. If it happens, a lot of people are going to get rekt along the way,” he told X subscribers.“A close above the 200-Week MA would fuel bullish hopium. A close below the 21-Week MA keeps BTC ranging between $25k - $28k until something breaks.”BTC/USD annotated chart. Source: Keith Alan/XAt the time of writing, the 200-week and 21-week MA stood at $27,970 and $27,868, respectively.Others were more optimistic, with Michaël van de Poppe, founder and CEO of trading firm MN Trading, describing Bitcoin as “very much ready” to tackle $30,000 resistance.“Few levels of importance for Bitcoin here,” he wrote in X analysis the day prior.“Holding above $27,200 would be substantial for upwards continuation, but preferably is a retest at $26,700–$26,900 before we’ll continue the rally to $30,000. Sentiment flipped quite fast.”BTC/USD annotated chart. Source: Michaël van de Poppe/XTrader taps RSI for BTC price bottomElsewhere, popular trader and X commentator Ali revealed a BTC price trading method that he argued had tracked recent local tops and bottoms.Related: Bitcoin still beating US dollar versus ‘eggflation’ — Fed dataThis revolved around the relative strength index (RSI), which on four-hour time frames had fluctuated between approximately 30 and 75 since late August.“Currently, the RSI stands at 51. Patience is key! We might be best waiting for the RSI to drop below 30.35 to buy the dip!” part of an accompanying commentary advised.Ali uploaded a chart showing a classic “sell” signal coming at the start of October, implying a new “buy” signal could come next — alongside a BTC price local low.BTC/USD chart with 4-hour RSI data. Source: Ali/XThis 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. What platform is best for BTC options?Ether’s recent underperformance isn’t helping either, Mishra added. The asset is up 39% on the year but was down nearly 4% on the day as of 4:45 pm ET. This NFT marketplace is developed on the Ethereum blockchain and can yet trade NFTs on multiple chains. It allows users to trade, mint, and list NFTs. Rarible includes various NFT genres such as photography, music, 3D illustrations, etc. The native token RARI enables participation in governing the platform and vote on future decisions.

Businesses, scientists, and educators from the AI Expert Committee at the Ministry of Digital Transformation all contributed to the roadmap. The government hopes to finalize the draft when the European Union passes its AI Act, which is still in the drafting stage. Securities regulators oppose special treatment of crypto in Coinbase case Game On: Why GameFi Is the Next Big Thing in ...The inflows, which began on October 8, have now brought the total SHIB Exchange Supply to a 50-day peak of 169 trillion. The reason why crypto mining is not profitable for most people is that the space is simply too competitive, and large players benefit from economies of scale that most individuals simply don’t have enough capital to achieve.

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