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2024-05-08

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“A number change has been requested for this account. Reply with YES to appprove this change, or NO to decline. If we do not receive a response within 2 hours, the change will proceed as requested.” The South Korean crypto market capitalization rose from January to June this year, rising 46% to reach a valuation of 28.4 trillion won (US$21.08 billion), according to a KOFIU study released Tuesday. Bitcoin ATM Berlin GermanyThe next time the market changes its mercurial mind, such individuals may find themselves to be designated as the friendly neighborhood crypto expert. “Each cycle, you have new users coming into the space,” Kain Warwick says, adding that those new users often find out about crypto from someone they know. Here's my conversation with Mark Zuckerberg, his 3rd time on the podcast, but this time we talked in the Metaverse as photorealistic avatars. This was one of the most incredible experiences of my life. It really felt like we were talking in-person, but we were miles apart 🤯 It's… pic.twitter.com/Nu8a3iYWm0

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Furthermore, the daily RSI supports the continuation of the drop. The indicator is below 50 and falling, both signs of a bearish trend. Read more:SubQuery Integrates Fully with zkSync Era to Boost Blockchain Development Buy Tether in Malaysia with Credit or Debit CardWith much hype around NFT, Solana saw potential in venturing out into the NFT space. Solana’s Solanart, an NFT marketplace. The biggest advantage of Solanart is that it offers faster transactions at lower costs to its customers. Notably, as of press time, Solana ranks second when blockchains by NFT Sales Volume are considered. Peyman Momeni, Fairblock’s co-founder, told Blockworks that the team had secured $2.5 million in pre-seed funding to build this infrastructure.

Any airdrops this week? Find out more: Best Upcoming Airdrops in 2023 When asked whether the estimated price level would stick, Hayes agreed that a 70% to 90% drawdown would occur in BTC price, just like it has after each bull market. SoftBank's options exit unlikely to stir markets, analysts sayContractors will have until Oct. 17 to submit their application and design the platform within three months' time. The aim of the China Daily NFT Platform is to "improve the spread of the influence of the Chinese Civilization" through means such as the use of the "metaverse, virtual reality (VR), augmented reality (AR), mixed reality (AR), and Blockchain, irreplaceable digital assets (NFT), big data, cloud computing and other technologies." Archax's foray into the institutional crypto landscape followed the introduction of its insolvency remote custody offering, with both platforms complementing each other's services. To facilitate its expansion and product development efforts, the company successfully raised $28.5 million in funding last year.

ETH Chart / Source: AdobeCrypto asset management giant Grayscale just filed paperwork with the US Securities and Exchange Commission (SEC) to create a new Ether (ETH) Futures Exchange Traded Fund (ETF), as per a report by the Wall Street Journal.Grayscale filed for the ETF under the Securities Act of 1933, having also previously filed for an Ether Futures ETF under the Investment Company Act of 1940.While comparable Bitcoin Futures ETF have been approved by the SEC under both acts, most ETFs are filed under the 1940 act.Reports in the crypto press back in late August suggested there is a strong possibility that the SEC will approve a number of Ether Futures ETFs as soon as October.That news made the price of Ether surge at the time amid front-running from traders, because a wider availability of Ether Futures ETFs could indirectly increase demand for the cryptocurrency, assuming institutional investors start buying up Ether Futures ETFs once they go live.Ether was last changing hands around $1,640, just to the north of its 21DMA.Price Prediction - Where Next for Ether (ETH)?The fact that Ether looks set to close above its 21DMA following a fairly convincing break above the level in the past two days is a positive for the cryptocurrency’s near-term price outlook.The 21DMA had previously been acting as an area of strong resistance for the past more than two-months.A break above this level sets the stage for a potential rally to the 50DMA just above $1,700 and even the late August highs around $1,740.Assuming ETH can close above its 21DMA, near-term price predictions are likely to turn modestly more bullish.But traders should keep an eye on upcoming macro risk events, such as Wednesday’s rate decision and monetary policy announcement from the US Federal Reserve.The central bank isn’t expected to change interest rates, but is expected to signal that more rate hikes remain possible, as well as release a new summary interest rate projections from its policymakers plus new economic forecasts.That could impact ETH, depending on how the US bond market and US dollar react – a dovish meeting (where expectations as to how high interest rates will go/remain fall) would weigh on the yields and US dollar, likely boosting ETH, and vice versa.Ether traders may also remain reluctant to enter big positions in the cryptocurrency as they remain in wait-and-see mode ahead of October’s expected Futures ETF decisions from the SEC.Ether (ETH) Alternative to ConsiderOne problem with an Ether Futures ETF is that its buyers won’t be set to benefit from the solid yield they can generate from Ether staking.To benefit from Ether staking yields, which are normally in the region of 4%, investors would do better to buy the actual ETH token and set up a staking node, or buy a ETH liquid staking derivative such as stETH.Investors interested in a riskier cryptocurrency with a much better staking yield should check out a newly launched token called Bitcoin BSC (BTCBSC).Bitcoin BSC is a BEP-20 token issued on the Binance Smart Chain but with pretty much the exact same tokenomics of Bitcoin, although Bitcoin BSC winds the clock back to 2011, when Bitcoin traded at $1 per token.Indeed, Bitcoin BSC tokens are currently being sold in presale for $1 each, with over $2 million already raised.Bitcoin BSC holds various advantages over Bitcoin – it is greener thanks to the Binance Smart Chain’s lower energy consumption and is more readily available for use in the Binance Smart Chain’s growing Decentralized Finance ecosystem.Moreover, Bitcoin BSC holders can stake their tokens to benefit from BTCBSC issuance according to the same schedule that Bitcoin was on back in 2011.That means BTCBSC holders could be looking at double or even triple digit annual yields if they stake their tokens.A similar project BTC20 – the exact same concept but issued as an ERC-20 token on Ethereum – was able to quickly sell out a blockbuster $6 million presale and then post gains of as much as 6x, while BTC20 is still trading above its presale price of $1.Bitcoin BSC is thus an opportunity for those who missed BTC20 to get in early.Bitcoin BSC could do even better than BTC20 given the Binance Smart Chain’s faster transaction speeds and lower fees, making for a better trading and DeFi experience.Investors need to move quickly, as the token’s hard cap raise target of just under $4 million will likely soon be reached.Buy Bitcoin BSC HereDisclaimer: 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.Peter Thiel-Backed Founders Fund Invests in Layer N's Ethereum Scaling Tech Now, 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. Introduction to Crypto Options Trading: Benefits, Risks & ...What we do want is to feed into those experiences, helping grow the existing scene by opening it up to many more players, brands and publishers. For teams and brands, Ultra Arena will nurture more esports fans and provide more ways to activate fans pre and post-event with the help of blockchain technology. This could be unlocking access to an exclusive in-game digital collectible through attending the event itself or sponsor-branded skin being airdropped to you for watching on Twitch. Extending fan engagement will ultimately add value for all key stakeholders and support the journey to sustainable profitability. About a week later, Unity walked back some of its plans for the new fee, set to launch in 2024—but hasn’t scrapped it entirely.

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