The Top 13 Latin American Crypto Exchange Startups-Contxto - cyptoranking.com

2024-04-28

Popular crypto exchanges(2023 Update) 2024-04-28
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Source: TradingViewThe Solana price has swung strongly today, reaching a 24-hour high of $20.48 before retreating in the past few hours to $19.59.This latest price represents a 2% drop in the past day, yet SOL is also up by 4% in a week, while being down by 6.5% in the last 30 days.But with the altcoin also having risen strongly since the beginning of the year (up by 96%), it maintains the kind of medium-term momentum that will help it recover quickly from today's volatility.Solana Price Prediction as Accumulation Continues at $20 Level – Can SOL Reach $1,000 in the Next Bull Run?SOL's indicators have moved into a position where it looks as though the altcoin is about to begin a concerted rally, one which is now probably overdue.Source: TradingViewIts relative strength index (purple) has risen to 50 in the past few days, indicating an increase of momentum that has plenty of space to continue before the altcoin will be overbought.In parallel, SOL's 30-day moving average (yellow) has flattened out after falling below its 200-day average (blue), signalling that buyers may be tempted to buy the coinnow that it's selling at a discount.And even with today's little dip, the coin's support level (green) has been rising recently, meaning that it's unlikely to fall below recent lows.As such, now is a good time to buy SOL, which is still selling at a discount but which has shown the first signs of renewed momentum.In terms of fundamentals, there has been no major news in the past few days, yet the overall picture remains largely positive for Solana.It continues to attract adoption, with a growing number of projects and platforms building on its blockchain network.This most notably includes Visa, which expanded its stablecoin settlement pilot in the past few weeks to include Solana, something which stands as a major vote of confidence in the network.It's also worth remembering that Solana is the fifth-biggest layer-one blockchain in terms of total value locked in, behind only Ethereum, Tron, BNB Chain and Avalanche.And it's likely that Solana will only move further up the TVL rankings, given that it has plenty of lost ground to make up for after its difficult 2022, when it suffered a series of damaging outages.Yet it continues to market months and months of unbroken uptime, a sign that its protocol has been updated sufficiently and that it's now robust against all potential scaling issues.As such, SOL can be expected to pass $20 again in the next few days, with the altcoin likely to hit $25 in the next few weeks and $35 by the end of the year.Alternative High-Return AltcoinsAs good as Solana looks right now, it isn't the only high-potential altcoin in the market, with a number of presale tokens also providing plenty of opportunity for market-beating gains in the near future.One of the fastest-growing presales right now is being held by Bitcoin BSC (BTCBSC), a BNB Chain-based cryptocurrency that has impressively raised more than $4 million since opening its sale only a few weeks ago.As its name suggests, Bitcoin BSC offers a BNB-based version of Bitcoin, with the coin having the same hard cap (21 million BTCBSC) and the same deflationary tokenomics.Yet where it differs from the original cryptocurrency is that it offers holders the opportunity to earn a passive income from staking the token, in addition to any price rises.What has also helped Bitcoin BSC attract investors is that its presale is making it available at $0.99, a price Bitcoin itself last saw in 2011.As such, it's offering investors a chance to get involved in a potentially very valuable cryptocurrency at the very earliest stage.Its presale will make 6.125 million Bitcoin BSC available, with the rest being reserved for staking rewards.Given that there has been no specific allocation for team members, BTCBSC is therefore a highly decentralized token, something which again improves its attractiveness to investors.New buyers can buy the token early by visiting the official Bitcoin BSC website and connecting their software wallets.Once the presale ends, BTCBSC will list on BNB Smart Chain DEX, with other exchanges likely to follow suit soon after.Visit Bitcoin BSC NowDisclaimer: 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.XRP Price Prediction as XRP Overtakes USDC and Becomes Top 5 Coin in the World – Can XRP Reach $100? India number of employees in IT-BPM industry 2023. Source: Statista The Top 13 Latin American Crypto Exchange Startups-ContxtoThe firm says that high levels of development activity can indicate developers have confidence in the blockchain’s longevity and that new features may be coming soon to the project’s ecosystem. Weiss Crypto, a division of Weiss Ratings agency, announced on its X page that last week Solana surpassed other major altcoins in terms of funds inflows from institutional investors.

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Scalability and high efficiency are also at the core of CryptoNight, which has its computation increased exponentially, guaranteeing greater scaling through faster transactions. Tezos (XTZ) Makes an Impressive Comeback to Top 50 – What’s Next for the Price? 4 tips for safely buying and selling cryptocurrencyBut Lubin was also at the time laying the foundations for what would become Consensys, a New York-based crypto development platform for applications based on the Ethereum blockchain. Lubin, as CEO, retains a supermajority stake in the company, valued by consulting firm PwC at US$46.4 million in June 2020. A separate valuation in May 2022 raised that figure considerably to over US$7 billion. Oct. 10, 2023Stocks in the United States rose for the third straight day as the market continued to assess the effect of the Israel-Hamas conflict. Bond yields fell as investors desired the safety of U.S. Treasurys, and these falling yields helped to bolster the stock market. Today was the first day that Treasurys have been traded since the start of the Israel-Hamas conflict, as the bond market was closed on Monday. The Dow Jones rose 134.65 points (0.4%) to 33,739.30. The S&P 500 gained 22.58 points (0.5%), reaching 4,358.24. The Nasdaq climbed 78.61 points (0.6%), ending the day at 13,562.84.Caption: S&P 500 one-day chart for Oct. 10. Source: MSN MoneyThe yield on the U.S. 10-year Treasury note fell 0.149 points to 4.655%, and the two-year note fell 0.148 points to 4.961%. The yield on a Treasury note is inversely related to its price, so a falling yield implies a rising price for it. Stocks have been under pressure since July, as continuously rising yields have attracted investors to Treasurys instead of stocks, but today’s pullback in yields was seen as a welcome relief by stock market bulls.Oil prices declined as war-related fears began to wane. West Texas Intermediate crude fell by $0.59 per barrel to $85.79, while Brent crude declined by $0.03 to $87.62. Over the weekend, some traders had begun to fear renewed sanctions against Iran, which could reduce supply and drive up prices. But Iran denied involvement on Monday, which gradually began to reduce these expectations.Gold prices reduced $0.79 per troy ounce, falling to $1,860.48. Despite an early dip, a rally emerged around 10:30 am Eastern Time, enabling gold to recover a significant portion of its earlier losses.Gold one-day chart for Oct. 10. Source: Business InsiderThe U.S. Dollar Index rose 0.29% to 105.77. The euro gained 0.3852%, ending up at 1.0606. The Japanese yen fell 0.1%, causing the number of yen needed to buy a dollar to rise to 148.6660.Vintage Markets is dedicated to the in-depth exploration and reporting of traditional financial news, tracing the journey of global markets and economies from Stone Age to Stoned Age.Asian and European stocks rally amid a wave of risk appetite

From the first time I met Kate Ryder and her tremendous team, it was obvious she’d built something special — and I knew I wanted to be part of it. Being able to come into this role now, at a time when the business is scaling and the tailwinds are tremendous, is a dream. The exchange's comprehensive approach, which includes secure custody of digital assets, traditional securities, and fiat assets, along with access to its crypto exchange and over-the-counter services, has positioned Archax as an important platform for clients seeking safe and efficient navigation of the digital asset landscape.Bitfinex owner offers to buy back shares worth $150 million: Bloomberg Crypto Crash: Is Now The Time To Buy The Dip?Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.NFTs are here to stay — just not as we once knew them Le Shi, head of trading at Auros said lower volatility in crypto is affecting institutional interest, implying a stable crypto market is likely, especially when juxtaposed with other financial markets that offer higher returns.

Sam Bankman-Fried wants to argue lawyers' involvement shows he didn't realise company loans were improper. “I think the most likely outcome is for Ethereum to drop below $1,200 within the next two and a half months and I mean it could certainly go lower.” How to Buy Tether (USDT)According to Hayes, mounting government debt, a large amount that needs to be rolled over, and diminishing productivity can only be addressed with money printing. While monetary expansion does lead to bull markets, the consequence tends to be high inflation. FTX recovers $7.3 billion in assets, boosting the value of its bankruptcy claims.Photo by Bybit on Flickr/ CC BY 2.0According to a Wednesday report by digital assets platform Matrixport, the market value of bankruptcy claims against crypto exchange FTX has more than tripled this year. This comes ahead of the founder and CEO Sam Bankman-Fried's impending criminal trial set to begin next week.The FTX bankruptcy has been a complex affair, racking up over $200 million in legal fees. But in the over-the-counter markets, where bankruptcy claims are traded, prospects for creditors have recently improved dramatically. Once perceived as a high-risk asset, FTX claims are now being dubbed as the most sought-after tickets by investors focused on distressed assets.FTX's Bankruptcy: A Brief RecapIn late 2022, FTX filed for Chapter 11 bankruptcy, creating one of the most complicated bankruptcy cases in U.S. history. Data from Matrixport indicates that the expected payout for FTX creditors has risen to an average of 37 cents on the dollar, up from just over 10 cents at the beginning of the year.John Ray III, a veteran Wall Street bankruptcy lawyer, has been steering FTX through the bankruptcy process. Under his leadership, FTX has managed to recover $7.3 billion of assets. These include $3.4 billion in crypto, $1.1 billion in cash, and $200 million worth of real estate in the Bahamas.Another factor contributing to the optimism is FTX's $500 million stake in AI startup Anthropic. The crypto exchange had acquired the stake using customer funds, making it a subject of creditor claims. Amazon's recent announcement of its intention to invest up to $4 billion in Anthropic could boost the value of these claims even higher.The Prospect of FTX 2.0A potential relaunch of the exchange, often referred to as FTX 2.0, could also play a pivotal role in the claims market. If the exchange manages to restart successfully, every creditor could become an equity owner, adding another layer of value to their claims.The market for FTX claims has been so active that Thomas Braziel, co-founder and managing partner of distressed asset investment firm 507 Capital, stated that investors are "clambering over each other for claims." The guide price for these claims currently hovers between 35-40 cents on a dollar, according to Claims Market, operated by distressed asset investor Cherokee Acquisitions.What's Ahead for Creditors and Investors?The increase in expected payouts for FTX creditors is a major turn of events. While this is promising news, it's worth noting that several factors could still influence the final outcome. These include ongoing legal proceedings and the potential for additional asset recoveries, such as a $2.1 billion claim against crypto exchange Binance and another $700 million claim from investment firm K5.The court's recent update about the $7.3 billion in recovered assets was a critical moment, leading to increased competition among claims buyers, according to Brian Ferrara, director of Cherokee Acquisition's Claims Market. Markus Thielen, Matrixport's head of research and strategy, pointed out that the actual price of a claim might still vary based on several factors like jurisdiction and the size of the claim.The FTX bankruptcy case has evolved into a paradoxical beacon of opportunity in the distressed assets market. What was once seen as a sinkhole of legal complexities and risks has become a hot commodity for a niche group of investors. This shift doesn't just reflect a change in the perception of FTX's bankruptcy claims; it also shows the volatile nature of value in the industry. Traditional metrics of valuation can be upended overnight by new asset recoveries, strategic investments, or even the hint of a successful relaunch.Kraken Explores Stock and ETF Trading, A First for Crypto Exchanges

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