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2024-05-10

Popular crypto exchanges(2023 Update) 2024-05-10
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“Slight probability shift on Nov 1 towards a hike but still unlikely,” a further prognosis for Fed action read.“Would need to see FED tone & posturing first to weigh the probability.”Updating analysis from earlier on Oct. 6, meanwhile, fellow trader Daan Crypto Trades highlighted declining Bitcoin open interest (OI).Previously, this had hit levels that previously initiated spurts of upside followed by downside volatility.“That’s another $600M in Open Interest lost since yesterday’s high. Getting to the more average and ‘healthy’ levels again,” he summarized.BTC/USD chart with aggregated OI. Source: Daan Crypto Trades/XThis 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. DEXTools Logo / Source: DEXTools TwitterThe bullish momentum in the crypto market has stalled somewhat on Friday as major coins like Bitcoin (BTC) and Ether (ETH) run into important short-term resistance levels.Bitcoin was last in the $26,400s, still up nicely for the week, but slightly lower on Friday after the cryptocurrency failed to get above a downtrend from the early August highs.Ether, meanwhile, was last near $1,620 having failed to break above its 21DMA.A further dump of generally strong US economic data on Friday (the Empire State Manufacturing Index and Industrial Production reports both exceeded expectations), which comes after Thursday’s strong Retail Sales figures and hotter-than-expected inflation numbers from earlier in the week, have pushed US yields back towards multi-decade highs.That’s triggering downside in the US stock market, with traders betting on higher interest rates for longer from the US Federal Reserve, which is also likely weighing somewhat on crypto sentiment on Friday.With major coins stuck below key resistance levels amid macro headwinds, traders continue to turn to the shitcoin/meme coin markets for better trading opportunities.Here are some of the best-performing low-cap coins on Friday, as per DEXTools.XDOGE ($XDOGE)A new Dogecoin copycat called XDOGE ($XDOGE) is pumping on Friday after a strong start to life on Thursday.As per DEXTools, the shitcoin is up more than 400% in the last 24 hours, making it a top performer.$XDOGE’s market cap was last just over $300,000, with liquidity of around $240,000 and impressive 24-hour trading volumes of around $1.7 million.The token has now been able to accumulate nearly 450 holders.While DEXTool’s security audit hasn’t identified any problematic aspects to the token’s contract, the fact that liquidity remains unlocked means the token could still be a rug pull.EmotiCoin ($EMOTI)A shitcoin called EmotiCoin ($EMOTI), which claims to be the first “elastic supply token” that reduces its supply by 20% every 4 hours, continues to rise in price.Continued price pumps have been able to attract lots of investors, with the token’s market cap having now been pushed higher to around $3.76 million, with over 1,700 holders.The token has over $230,000 in locked liquidity and only four alerts as per DEXTool’s security audit.These include a 5% buy and sell tax, which will disappear after 14 days, according to EmotiCoin’s website.MoonDAO ($MOONY)$MOONY, the token of the MoonDAO which proclaims to be on a mission to decentralize space, has pumped on Friday, marking one of its biggest ever one day moves since its launch in early 2022.$MOONY’s market cap was last around $3.5 million, with over $300,000 in liquidity.The latest price spike hasn’t been accompanied by a big surge in trading volumes, with 24-hour volumes only around $27,000, which should be a worry for the bulls that the recent move higher lacks real conviction.Crypto Alternatives to ConsiderShitcoins are very risky, given most have no real value proposition.For those looking for an even better probability of near-term gains, an alternative high-risk-high-reward investment strategy to consider is getting involved in crypto presales.This is where investors buy the tokens of up-start crypto projects to help fund their development.These tokens are nearly always sold very cheap and there is a long history of presales delivering huge exponential gains to early investors.Many of these projects have fantastic teams behind them and a great vision to deliver a revolutionary crypto application/platform.If an investor can identify such projects, the risk/reward of their presale investment is very good.The team at Cryptonews spends a lot of time combing through presale projects to help investors out.Here is a list of 15 of what the project deems as the best crypto presales of 2023.See the 15 CryptocurrenciesDisclaimer: 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.VanEck's Ethereum Strategy ETF on Track for CBOE Listing How To Buy Ethereum Without Fees In The Uk, Us And ...As usual, the ChatGPT has provided its responses considering both negative and positive outcomes. Nevertheless, the AI looks slightly biased toward a bull run for XRP in the coming year — which is still highly dependent on Ripple’s actions, and the ability of the company and the community to create enough demand to overcome one of the highest supply inflations in the industry. 🚨 Urgent Alert!‼️ 🚨Attention #XRP holders! There's a significant market manipulation underway, and it appears that the 0.01% wealthy elite and major bankers are at the helm of it!🕵️‍♂️ Manipulation Insight:These financial powerhouses, historically known for manipulating… pic.twitter.com/YStUevS4vc— WallStreetBulls (@w_thejazz) October 9, 2023

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https://x.com/BitcoinPierre/status/1672304412591620096?s=20 Ether annualized burn, issuance and supply, 30 days. Source: ultrasound.money Top 5 Decentralized Exchange Platforms For High-Volume Crypto TradingNotably, this update from the Linqto director comes in response to investors’ undying interest in Ripple stock investment. For example, a crypto enthusiast recently commented on Linqto’s tweet asking: Last month, Linqto created an opportunity for non-accredited investors in the crypto community to invest in Ripple shares. Expectedly, the wave resulted in the shares quickly selling out.

Immutable X is a platform that provides minting and trading services for NFTs. As a layer-2 scaling solution for Ethereum, it implemented zk-STARKs to achieve high transaction throughput and fast confirmation times. On top of being fast, the STARKs technology ensures the transaction is secure. You might also like: Investors accuse Wintermute of facilitating Celsius wash trading Is Coinbase a Safe Exchange to Buy Cryptocurrency?4. Zug, Switzerland As Decrypt previously reported, Meta announced major strides in multimodal AI combining vision, language, speech, and other capabilities at Meta Connect. This includes AI companions like the personal assistant MetaAI which pairs with the company’s upcoming smart glasses. Users can interact conversationally with MetaAI as it identifies real-world objects and accomplishes tasks hands-free.

— Zach Bradford (@ZachKBradford) October 3, 2023 None of this is said to gin up sympathy for Sam Bankman-Fried, who in many respects deserves all that he gets (and then some) and can only blame himself for losing the “court of public opinion.” It’s not his lawyers’ fault SBF decided to go on an ill-advised “apology tour” in a fruitless attempt to regain public sympathy after FTX collapsed. And, hopefully, it wasn’t his lawyers’ fault that SBF was remanded into jail — after leaking a witness’ diary to the press — which has made strategizing and consulting with the defendant that much harder. How to buy Tether (USDT)Notice of Incident. We've identified a security incident that has come to our attention concerning the security of 3Commas accounts. Learn more and stay secure: Read our Blog Post: https://t.co/sJmfzOJE49 pic.twitter.com/MRJ40D29pj Finally, Chainlink co-founder Sergey Nazarov believes that banks are disadvantaged in regard to blockchain adoption since they are already heavily invested in SWIFT.


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