Dogecoin breaks new high, far more valuable than Nigerian Stock Market - cyptoranking.com

From Wikinews, the free news source you can write!
Jump to navigation Jump to search

2024-05-03

Popular crypto exchanges(2023 Update) 2024-05-03
Image: cyptoranking.com

Why Is the Crypto Market Down Today? Filed in the US Northern District Court of California, the lawsuit pinpoints a series of actions that began with a social media post from Zhao on Nov. 6, last year. Dogecoin breaks new high, far more valuable than Nigerian Stock MarketThe funding was co-led by Chris Dixon at Andreessen Horowitz (a16z) and Neil Mehta at Greenoaks. Investors Naval Ravikant, Balaji Srinivasan and the founders of streaming platform Twitch also participated, as well as Web3 firms Anchorage Digital, Mercury, Firebase, Zynga and Alchemy. Players can stake their Aavegotchi NFT avatars with interest-generating tokens, earning rewards such as GHST tokens and experience (XP) for their Aavegotchis.

Exchange Rankings Crypto
Image: cyptoranking.com

“Criminals are using more complex cross-chain methods – such as derivatives trading and limit orders – to obfuscate their laundering activities.” General Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.What Is the Ethereum Merge and Why Is Everybody Talking About it? Can Ethereum go negative?"DeFi should expand far beyond a few thousand power users," Reserve told The Block via email. "Base’s lower fees will enable people who are interested in using yield bearing stablecoins to actually use them without having all benefits wiped out by gas costs." Bitcoin crypto analyst | Source: Rekt Capital

JB, an analyst for the cryptocurrency analysis and trading channel Cheeky Crypto, predicted that the price of Polygon (MATIC) could drop to between $0.4458 and $0.3599 in the following few days. His bearish prediction is based on his belief that the altcoin’s price is still in a correction phase. Source: Pixabay / Miloslav HamrikVanEck has announced that it will donate 10% of all profits from its upcoming Ethereum (ETH) futures exchange-traded fund (ETF) to the Ethereum core developers for a period of ten years. The beneficiary of this initiative will be The Protocol Guild, a group comprising more than 150 developers who are responsible for maintaining Ethereum's core technology, the asset manager said in a recent post on X (formerly Twitter).VanEck said that it is only fair for asset managers to give back to the community that builds and supports the crypto protocol. "Thank you, Ethereum contributors, for nearly a decade of relentless building & ongoing stewardship of this common infrastructure," the company wrote. The company expressed its hope that other asset managers and ETF issuers would also consider adopting a similar approach.This move by VanEck aligns with the growing trend of crypto-native communities supporting the Ethereum network. Notable contributors include Lido Finance, Uniswap, Arbitrum, Optimism, ENS Domains, MolochDAO, and Nouns DAO. According to a public dashboard tracking donations to the Guild's mainnet, over $12 million has been generated from 4,846 contributions. These funds are distributed among the Guild's members based on a weighted ratio determined by their contribution periods.VanEck unveiled its upcoming Ethereum Strategy ETF (EFUT) on September 28, which will invest in ether futures contracts. The fund will be actively managed by Greg Krenzer, the head of active trading at VanEck, and is set to be listed on the Chicago Board Options Exchange in the near future.Investment Firms Rush to Launch Ether FundsIn addition to VanEck, other traditional investment firms are also planning to offer exposure to Ether futures. Valkyrie, another company in the space, plans to offer exposure to Ether futures through its existing Bitcoin Strategy ETF, now rebranded as the Valkyrie Bitcoin and Ether Strategy ETF. Bitwise also submitted an updated prospectus for their equal-weight Bitcoin and Ether futures ETF on September 28, with expectations of going live next week. Additionally, Kelly ETFs has partnered with Hashdex to deliver futures Ether ETFs in the near future.Most recently, Invesco and Galaxy Digital filed for a spot Ether ETF, dubbed Invesco Galaxy Ethereum ETF. Notably, the United States Securities and Exchange Commission (SEC) recently delayed its decision on approving a spot Ether product until December.However, there are speculations that futures-based Ether ETFs are expected to become available as early as next week. In fact, reports have suggested that the SEC may commence approval of Ether futures ETFs in early October, which has generated significant interest among asset managers eager to participate."Hearing the SEC wants to accelerate the launch of Ether futures ETFs (bc they want it off their plate bf shutdown) so they've asked the filers to update their docs by Fri pm (no small task to jam into 48hrs, esp for indie issuers), so they can go eff Mon and trade Tue," ETF analyst Eric Balchunas wrote in a recent post on X.Invesco and Galaxy Pursue Spot Ether ETF Application Money and Central Bank Digital Currency|Asian Development Bank— Gods Unchained (@GodsUnchained) September 14, 2023 “Okhandiar failed and refused to provide to Plaintiffs a sign [sic] shareholders’ agreement or provide to Plaintiffs any corporate formation documents of any kind, such as an operating agreement or membership roll,” the suit alleged. “Okhandiar failed to issue any equity in either RemCorp or RemIndustries to the Plaintiffs despite his written promises to do so.”

Clay Nation’s daily sales rose 129% to US$5,685 in the 24 hours leading up to 07:55 p.m. in Hong Kong, according to CryptoSlam data. Techniques and consensus algorithms to enhance finality Best Crypto Exchanges USA-2023 ReviewsThis is because of activity that has been present in the network for a long period of time. More specifically, CTSI has experienced high transaction volume, a high number of active addresses, and a large number of whale transactions. Source: Adobe / DenniznJust 1 hour after Bitstamp Exchange revealed that it experienced a temporary issue with XRP trading, it announced the resumption of the trading of the coin.On October 10 at 18:24 (UTC), Bitstamp acknowledged an issue that arose on Monday. While specific details about the nature of the issue were not initially provided, Bitstamp assured its community that a specialized team was actively working on a resolution. The announcement of the glitch led to visible frustration among users, with some speculating unconfirmed issues with Dogecoin (DOGE) trading pairs.After an hour, Bitstamp successfully resolved the issues, allowing for the resumption of XRP trading. The exchange explained that it had to take the step of "cancel[ling] all open orders on affected XRP markets" when the glitch was discovered around 18:00 (UTC). Users affected by this cancellation were encouraged to resubmit their orders.Interestingly, during the period when the issue occurred, Bitstamp users reported a significant, unusual drop in XRP's price on the platform, with XRP purportedly plummeting to $0.4587 at around 09:00 (UTC).Bitstamp Continues Strong Support for XRP, Enhancing Services and Partnering with Ripple for Cross-Border PaymentsBitstamp has indeed shown significant support for XRP, being among the prominent exchanges to re-list the coin in July following Judge Analisa Torres' declaration that it is not a security. Since then, Bitstamp has introduced various XRP-focused products, including the launch of 2% APY on XRP lending in August. Over time, the exchange has further enhanced the XRP lending yield for 30-day periods to serve its clientele better.According to a report from Whales Alert, Bitso, a distinguished Mexican crypto exchange, and recognized crypto unicorn, received two distinct transactions involving 20,400,000 XRP and 30,400,000 XRP. Meanwhile, Bitstamp, an exchange operating within the European Union, witnessed transactions of 26,800,000 XRP and 29,300,000 XRP. Both exchanges hold a prominent position within the crypto space and maintain a close partnership with Ripple, particularly within the framework of XRP-based cross-border payments.This partnership speculation took an interesting turn as Whale Alert reported yet another significant XRP transfer. On October 9, a staggering 30,300,000 XRP, equivalent to approximately $15,214,882 USD, was moved from an unknown wallet to Bitstamp.This additional transaction adds to the intrigue surrounding Ripple's interactions with Bitstamp and strengthens the belief that Ripple's cross-border payment solutions continue to rely on the XRP ecosystem.Additionally, Bithomp, an analytics platform specializing in XRP, has provided data affirming a connection between the sending wallets and Ripple. This connection carries significant weight, considering the substantial sums being transferred and the collaborative history shared between the entities involved.Bitso and Bitstamp have played crucial roles as partners with Ripple in its cross-border payment system, previously known as On-Demand Liquidity (ODL). Recently, Ripple took a strategic step by rebranding ODL to "Ripple Payments."These significant XRP transactions underscore the continued collaboration between Ripple and its partner exchanges, Bitso and Bitstamp, in the facilitation of seamless cross-border payments utilizing the power of XRP.China Daily Newspaper Mulls Metaverse and NFT Marketplace Launch - Here's The Latest


Sister links

Sources

Bookmark-new.svg