Founder and Majority Owner of Cryptocurrency Exchange ... - cyptoranking.com

2024-04-29

Popular crypto exchanges(2023 Update) 2024-04-29
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CryptoNight is a PoW mining algorithm for CPU and GPU mining, designed to be ASIC-resistant to prevent the centralization of mining power. It hopes to help users mine more efficiently using a combination of hashing functions, including the CryptoNight and the Keccak hash functions. The United States economy seems like it is refusing to be derailed. It added a staggering 336,000 jobs in September, defying most expectations. This achievement becomes all the more remarkable against the backdrop of soaring yields on longer-term Treasury bonds and surging mortgage rates.The message embedded in the job data is crystal clear: the world’s largest economy continues to charge forward, even in the face of aggressive monetary tightening. It’s a testament to the economy’s resilience, and suggests that higher interests are here to stay for an extended period. While this news could send shivers down some spines, particularly for those invested in stocks, it’s crucial to understand the bigger picture. Stocks may appear less enticing when you can secure a 6% return with a savings account, yet we may be reaching an inflection point with bonds. It has to get worse before it gets betterThe bond market has witnessed a historic rout, described by Bank of America Global Research as the “greatest bond bear market of all time.” But the analysis isn’t all doom and gloom — there are hints that the relentless sell off in U.S. Treasuries could come to an end. And if we do indeed see a recovery, it could signal the start of a new bull market for risk assets.Related: Bitcoin ETFs: A $600B tipping point for cryptoTurning to crypto, it’s crucial to recognize that short-term Bitcoin (BTC) price action remains somewhat linked to regulatory decisions, particularly those pertaining to a Bitcoin spot ETF. So far, all of the positive news surrounding spot ETFs has failed to move Bitcoin out of its holding pattern. A green light on this front could unleash substantial inflows into BTC, providing the much-awaited impetus for a resurgence. It would also be remiss not to mention the ongoing FTX saga, which is currently playing out in the courts and damaging crypto’s reputation.United States Federal Funds Effective Rate, 1955-2023. Source: Board of Governors of the Federal Reserve System.But here’s the twist — what may spell bad news for financial markets could be good for the broader economy. The Federal Reserve holds a pivotal role in shaping the path for risk assets, and it has just two more meetings before the end of the year. Should the Fed decide to suspend further rate hikes, it could act as a catalyst, triggering market anticipation of an impending rate cut. This anticipation could, in turn, set the stage for a massive risk-on rally across various asset classes, including cryptocurrencies.Festive revelry could set the tone for 2024The last three months of the year often introduce a heightened Santa rally. After the year we’ve had, it might soften the blow and pave the way for a more palatable 2024. History shows that the market tends to gather momentum during this festive season, with a surge in buying activity and positive sentiment among investors. Among these factors, regulatory decisions regarding spot ETFs and any potential pause in rate hikes, or even a shift in the Fed’s messaging concerning future hikes will be watched closely. So while the cheer from September’s jobs data tends to drive immediate headline moves in the market, it doesn’t necessarily steer the long-term thinking of the Fed.Related: Sky-high interest rates are exactly what the crypto market needsLooking ahead into 2024, we are faced with the prospect of a BTC “halvening” in April, historically a positive event for crypto. However, the broader macroeconomic conditions have signalled some signs of instability. Bitcoin’s ongoing correlation with stock markets adds an extra layer of complexity to the equation. The outcome hinges on the messaging from the Fed — and decisions made by the Securities and Exchange Commission (SEC) regarding spot ETFs. If the macroeconomic backdrop remains uncertain, the Fed may pivot toward rate cuts, potentially altering the trajectory of both traditional and digital asset markets. With hints of a bond market recovery and the prospect of regulatory clarity in the crypto space, we could see brighter days ahead. As we approach the festive season, the potential for a Santa rally rekindles the type of hope and momentum that ignites the crypto market. While some challenges may loom, history teaches us that sometimes, it gets worse before it gets better.Lucas Kiely is chief investment officer of Yield App, where he oversees investment portfolio allocations and leads the expansion of a diversified investment product range. He was previously the chief investment officer at Diginex Asset Management, and a senior trader and managing director at Credit Suisse in Hong Kong, where he managed QIS and Structured Derivatives trading. He was also the head of exotic derivatives at UBS in Australia.This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. Founder and Majority Owner of Cryptocurrency Exchange ...Read more: How to Use a Blockchain Explorer to Look Up Transactions How Secure are P2E Games with Blockchain Technology?

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Web3 startup IYK, which stands for “If You Know,” emerged with the concept of ensuring the legitimacy of fashion items and other merchandise, while offering fans unique consumer interactions. Other notable mentions by CoinGecko in the Web3 adoption by top gaming companies include Zynga’s Sugartown and Bandai Namco’s Ryuzo, which have already launched NFTs exclusive to their gaming ecosystems. Ryuzo launched its NFT last June, and two months later, in August, Sugartown followed suit. Verse DEX|Bitcoin.com's official decentralized exchangeIn a nutshell, Web 1.0 was the first phase of the web (1990-2005). During this stage, Web1 was read-only, which allowed users to view static data on websites without having the chance to express their thoughts or remarks. Bitcoin crypto analyst | Source: Rekt Capital

“October is typically a strong month for bitcoin, earning it the term ‘Uptober,’” author of Crypto is Macro Now and former head of market insights at Genesis, said. “And while we know that patterns don’t necessarily repeat (after all, this past September turned out to be positive, breaking a six-year trend), they are comforting.” Commonly seen as a monetary network, bitcoin can also serve as a decentralized and unstoppable publishing technology thanks to the Ordinals protocol. Created last year by bitcoin developer Casey Rodarmor, Ordinals aims to make it easy for anyone to add data to bitcoin –– be it text, image, video, HTML or Markdown. Is it worth buying crypto now?Meanwhile, Ape Coin is going to unlock 15.6 million (APE) $15.88 million later this week, and its token is down 1% on-day and 11.3% on-week. Upon launch, users will be able to participate in the dispute game protocol, but they are not incentivized to do so, Floersch explains. This is because the bonding design will not be added during the protocol’s testnet release but will be included ahead of the OP mainnet launch.

NEAR protocol has shown a poor price performance this month. The NEAR coin decreased by 9.51% in the last 7 days, going from $1.21 on October 3rd to $1.10 on October 10th. This is part of a longer downward trend that has seen the NEAR coin lose 52.84% of its value in the last 6 months, going from $2.33 on April 10th to $1.10 on October 10th. The announcement comes just one month after the Web3 Foundation announced the appointment of a new CEO, Fabian Gompf, the former VP of Ecosystem Development at Parity Technologies. Nansen Pro: Crypto, Defi & NFT AnalyticsNEW YORK -- Caroline Ellison, an insider to Sam Bankman-Fried’s crypto trading empire who pled guilty to helping orchestrate an alleged $8 billion fraud, has begun testifying against her ex-boyfriend and former colleague. Proof of Play, an NFT gaming studio founded by the co-creators of FarmVille, completes a seed funding round with $33 million in investment.

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