What is Mexbol index? - cyptoranking.com

2024-05-02

Popular crypto exchanges(2023 Update) 2024-05-02
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Source: TradingViewDogecoin has remained largely flat in the past 24 hours, with its current price of $0.061189 representing a 1% drop in the past week.This means it remains below its 50-day exponential moving average (which stands at $0.0635), a sign that the meme token is struggling to regain momentum and is currently being oversold.This is confirmed by the fact that DOGE is also 4% down in the last 30 days and also 6% down in the past year, with the token struggling to find enough positive news to boost its price.But with some analysts expecting a market-wide rally towards the end of the year, and with DOGE also waiting hopefully on Twitter payments, the token could easily rise again in the near future.Dogecoin Price Prediction as DOGE Attempts to Climb Above 50-day EMA – Can Momentum Be Regained?DOGE's chart continues to look very unpromising at the moment, even if its oversold status would normally imply an incoming rebound.Source: TradingViewFor one, DOGE's relative strength index (purple) has been below 50 – or even 40 – for the last month and a half, and it currently remains close to 40, in a sign that buyers still don't seem interested in acquiring some on the cheap.Likewise, its 50-day EMA (yellow) continues to fall further below its 200-day average (blue), which in combination with the fact that current price is below both would imply a serious loss of momentum and support.Indeed, DOGE's support level (green) has inched downwards over the past month or so, meaning that it may not have actually finished dropping in the short- and medium-term.The coin could therefore sink below $0.060 in the next few days, and potentially drop even further unless the wider market becomes a little more positive and buoyant.The problem with DOGE at the moment is that it lacks any positive narrative, with no recent bullish news to note and no new developments.As such, the market is having a hard time trying to get excited about the coin, which seems to be relying almost solely on the possibility of integration with X (formerly Twitter) for any upwards movement.And while Elon Musk's love for DOGE means that Dogecoin payments on X can never be ruled out, it's likely that it would take a long time for such a thing to happen, if it ever does.For this reason, DOGE is likely to continue sliding for as long as the wider cryptocurrency market remains in a relative slump, which is currently being caused by rising bond yields (which makes stocks and more speculative assets less attractive).The meme token is likely to fall to $0.0550 or thereabouts before picking up again, with a return to more bullish conditions at the end of the year potentially lifting it back up to $0.070.New Meme Tokens With High PotentialTraders may prefer to leave DOGE aside for the time being and look at newer meme tokens with more potential for market-beating gains.Of course, it can be hard to pick which new meme coins are likely to be successful, yet one way of gauging this is to look at presales, with tokens that raise substantial amounts likely to have a larger following going forward.One new coin that fits this profile is Meme Kombat (MK), a new gaming platform that offers users the chance to earn rewards betting on AI-generated meme battles.The platform's presale has already raised over $325,000, which is impressive in that the sale has been open for only a couple of weeks.This suggests that investors are already being won over by Meme Kombat's primary feature, which is that it will use artificial intelligence to generate battles between meme characters, which users can place bets on.Users can do this by staking the platform's native token, MK, which will also be used to pay out rewards for successful bets.And given that Meme Kombat is based on the Ethereum blockchain, bets will be made using smart contracts, making payouts transparent and instant.Given just how popular meme coins have been in 2023, a platform which promises to stage meme battles is likely to attract plenty of interest, as hinted at by the presale's success in raising money.As a token, MK will have a hard cap of 12 million, with 50% of this supply going to the presale and another 30% going towards battle and staking rewards.This distribution should ensure a high level of community involvement with Meme Kombat, with investors able to join the presale by visiting its official website and connecting their wallets.1 MK will cost $1.667 for the entire sale, which will end once it raises $10 million, at which point the promising new token will list on exchanges.Visit Meme Kombat 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 Seeks to Breach $0.55 Level – Is the Path to $1 by End of 2023 Clear? Its cryptographic hash function works around the Advanced Encryption Standard (AES), a military-level algorithm for extreme security, making CryptoNight a mining algorithm highly focused on security. Since Monero started using it as the hash algorithm for its blockchain consensus, CryptoNight’s reputation as a security algorithm has strengthened across the crypto world. What is Mexbol index?SBF has been under scrutiny for his attempts to influence politicians in favor of regulations that could protect his exchange, FTX. However, Lewis crypto leaders shadowy super-coders regulations could pose insurmountable barriers for genuinely decentralized finance protocols. FTX differs significantly from the ethos of blockchain technology by not offering users direct ownership of crypto assets. A young entrepreneur who made mistakes while running a crypto empire or a liar who stole and used people’s money to enrich himself? In the first hours of Sam “SBF” Bankman-Fried’s six-week trial, that was the tone between his defense counsel and the prosecution.The former FTX CEO is facing a total of seven charges related to fraud and conspiracy to commit fraud. He could spend over 100 years in prison if convicted.At the trial, SBF appeared to be focused on his defense strategy, constantly checking his laptop and attorneys’ paperwork. As his defense counsel delivered an opening statement, he turned his focus toward the 12 jurors who will decide if SBF intentionally misused FTX customer funds or if mistakes were made in good faith.Related: Sam Bankman-Fried FTX trial — 5 things you need to knowTwo witnesses testified on the first day of the trial: Marc Juilliard, a French trader who lost 4 Bitcoin (BTC) worth over $100,000 in November 2022, and Adam Yedidia, a personal friend of SBF and a former employee of Alameda Research and FTX.FTX advertising campaigns, celebrity endorsements and SBF’s tweets are among the evidence being used by prosecutors to prove that SBF lied to customers while defrauding them. According to the defense, however, there’s nothing wrong with hiring Tom Brady for an advertisement and filing for bankruptcy during a market downturn.The third day of the trial begins around 10:00 am Eastern Time in a federal court in lower Manhattan, New York City. It will feature Yedidia’s second appearance in the trial, as well as FTX co-founder Gary Wang, who is a key witness.Cointelegraph is on the ground in New York with the latest updates on the trial. Follow live updates here.

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Ripple transfers 119 million XRP – purpose? This app is not for beginners. It requires some technical expertise to install and use all of its modules properly. When it is running, the app scans multiple dating platforms, hiding behind anonymization techniques and interacting with unsuspecting users across various channels. Most recently, it was upgraded with AI to be even more effective at creating the perfect profile to attract matches—and lure people into scams. How will USDT's growth impact Bitcoin [BTC]? According to this data….“The explanation can simply be that BTC as digital gold in a risk-off environment, sprinkled with the potential of spot bitcoin ETFs soon, is more enticing than the DeFi and NFTassociated ETH,” K33 analysts wrote. “Sticking to BTC until there is clear proof of a spark in ETH is likely the safest exposure for the time being.”Bitcoin's market dominance approaches multi-year high Digital transactions are steadily eclipsing cash exchanges, and PayPal has emerged as a behemoth, facilitating seamless international transactions. However, not all regions bask in the ease provided by this digital payments giant.

The wick also validated the $0.0135 horizontal area as resistance. Blockchain sleuth ZachXBT also appeared to throw cold water on the accusations, saying the thread was “one of the most mid-curve” things he’d read. Best Places to Buy Tether for 2023On Oct. 6, on-chain analyst Lookonchain reported that the FTX exploiter was no longer moving the stolen funds via THORChain. While there are many smart contracts in various blockchain platforms, Ethereum is often considered the first smart contract platform by many reports and members within the community. It was reported that Ethereum’s first successful smart contract use case was a decentralized autonomous organization (DAO).

The key innovation is that Bitcoin “is able to be the trusted third party for an arbitrary [Turing] complete computation despite the fact bitcoin script is not able to actually execute it,” according to the helpful explainer from software engineer Gregor Pogačnik. Pipelining is the technique of assigning a sequence of input data to various hardware components. This method enables transaction data to be verified faster and duplicated throughout the network’s nodes. Is crypto legal in usa?The positive outlook for UOS is bolstered by the continuous expansion of the Ultra platform, which is attracting a growing community of gamers worldwide. The wave count indicates that the XRP movement since the August 17 bottom could be an A-B-C structure (black). This is characterized by the three-wave decrease in what is likely to be wave B.

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