Cryptoverse: Let's talk about DEX, baby - cyptoranking.com

2024-04-29

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Only deployed less than $30m out of a $1 billion “recovery fund”. Not even a generous act on their behalf; they were planning to scoop up companies for pennies on the dollar.” The distressed pool made a four-year loan of $20 million worth of (USDC) stablecoins with an 11% annual interest rate to fintech credit fund Stratos in February 2022. Warbler Labs was the underwriter. Cryptoverse: Let's talk about DEX, baby“You put it in your home, but someone can break in,” he adds. “You have a lot of custody problems with accessing dollars.” Dappicom, a non-profit open-source project, is hoping to appeal to the retro gaming community, beyond crypto natives, by allowing players to prove in-game milestones without necessarily revealing how they did so.

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This is considered a warning sign for investors and traders, some of whom may interpret this crossover as a sell signal or a sign of impending bearish market conditions. This 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. Software Firm Consensys Partners With Paypal, Metamask ...Bloomberg Intelligence analysts Mike McGlone and James Seyffart said in a Sept. 29 research note that while ETH futures ETFs are likely to be a popular tool for traders, they may be “largely ignored” by financial advisers. He disclosed that the duo illegally withdrew a staggering $8 billion from FTX funds through Alameda Research. Wang further claimed that Bankman-Fried directed these illicit actions.Bankman-Fried Seeks to Probe Lawyers’ Involvement in $200M ‘Sham’ Alameda Loans

Pirate Nation soon goes F2P, starting on a community-invite basis. 💌 According to analysts, ETH has significantly underperformed the overall market since the Merge event, with both ETH/BTC price and volume ratio trending downward over the past year. Binance Malaysia-GadgetOn the positive side, Santiment analysts explained that whales and sharks in the Ripple network are increasingly accumulating more of the XRP supply. While last year the amount of coins held by cryptocurrency wallets holding between 100 thousand and 100 million Ripple tokens was 7.16 billion dollars, this year it increased to 7.89 billion dollars. “Huge week for inflation and the Fed,” financial commentary resource The Kobeissi Letter summarized in part of an X thread.“In addition, markets will react to geopolitical tensions from this weekend. Volatility is the new normal.” NVT signal spikes to highest since 2018Within Bitcoin, the network value to transaction (NVT) signal leads the pack on on-chain metric volatility to start the week.NVT, which its creator, Dmity Kalichkin, describes as a “PE ratio” for Bitcoin, seeks to estimate local BTC price tops and bottoms by comparing market cap to daily on-chain transaction values.The latest data from on-chain analytics firm Glassnode shows NVT hitting its highest levels in five years — over 1,750 and far beyond its position at the start of 2023.Bitcoin NVT signal chart. Source: Glassnode/XNVT has undergone various overhauls in recent years, as the dynamics of the BTC supply call for different guidance figures for determining price tops.“If the trend towards side-chains and private transactions continues, we can expect less-and-less transactions to be captured in the public on-chain data (reducing the relative value of the “T” in NVT),” Charles Edwards, founder of quantitative Bitcoin and digital asset fund Capriole Investments, wrote in part of his own research in 2019.“This could cause the fair value NVT range to increase with time.”Analyzing the NVT spike, crypto market intelligence platform IntoTheBlock suggested that it was representative of a broader metamorphosis.“The lens through which we view Bitcoin's value is changing,” it wrote at the weekend. “Transaction value & volume were once the go-to metrics. However, recent spikes in NVT ratios hint that Bitcoin's value is now moving independently of transactional utility, hinting at its growing role as a store of value.”Neither fearful, nor greedyProviding a fleeting insight into crypto market sentiment, the classic Crypto Fear & Greed Index reflects an overall air of indecision.Related: Bitcoin bull market awaits as US faces ‘bear steepener’ — Arthur HayesThe average investor is ambivalent when it comes to the market, as shown by the Index sticking rigidly to its “neutral” territory.As of Oct. 9, Fear & Greed is at 50/100 — exactly half way along its scale between two sentiment extremes.Zooming out, recent months have marked some of its least volatile conditions on record.“You know the drill, i will be mass buying when we drop down to Extreme Fear and a $20,000 Bitcoin,” popular trader Crypto Tony reacted to the latest data. “May take a while, but i feel Q1 / Q2 2024 will be the ticket. If i see a change in behaviour i will re-evaluate.”Crypto Tony referenced an inkling that BTC/USD will return to $20,000 for a final retest before expanding higher after the 2024 block subsidy halving. Crypto Fear & Greed Index (screenshot). Source: Alternative.meThis 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.

Watch the full episode HERE Though 40% of Gen Z and Millennial sports fans said that they were familiar with the use of NFTs and fan tokens in sports, according to a June Deloitte survey, only about 5% surveyed said they have bought or received one in the last 12 months. IG Group Growth Accelerates as Forex and CFD Trading BoomsDo you have something to say about the Israel police’s seizure of Hamas crypto accounts, Binance’s alleged involvement in helping Iran bypass sanctions, or anything else? Please write to us or join the discussion on our Telegram channel. You can also catch us on TikTok, Facebook, or X (Twitter). In the automated world of decentralized finance, the term LVR — often pronounced as the word “lever” — represents the problem of loss-versus-rebalancing. Jason Milionis describes it simply as “the price of knowledge.”

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