How to buy Bitcoin in UAE (Dubai)-Buy BTC with AED ... - cyptoranking.com

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

2024-05-01

Popular crypto exchanges(2023 Update) 2024-05-01
Image: cyptoranking.com

What immediately caught my attention was the absence of digital fashion projects. It appeared that this event opted to concentrate on the challenges of luxury brands concerning blockchain and other emerging technologies, rather than seeking solutions from the new wave of fashion creators. WAGMI Games, a pioneering force in the crypto gaming sphere, has been on a mission to bridge this gap by creating a vast and immersive gaming universe. Their unique approach not only targets the Web3 gaming niche but also extends its reach to the wider gaming community, including those unfamiliar with crypto. The key to their strategy? Develop engaging games that grant players true ownership of in-game assets while seamlessly integrating crypto technology into the gaming experience. Taking this mission to an unprecedented level, WAGMI Games has entered the world’s first-ever reality TV show dedicated to crypto, aptly titled “The Next Crypto Gem.” How to buy Bitcoin in UAE (Dubai)-Buy BTC with AED ...The ETH / BTC valuation has been on a downward trend according to the monthly chart, and the analyst believes that his trend is very likely to continue through the end of the year. He based his belief off of what happened in the pre-halving year of 2019. Alternatively, you can calculate for short positions:

Exchange Rankings Crypto
Image: cyptoranking.com

21.co’s Dune dashboard reveals an important lead for Arbitrum in terms of TVL, as well. Its $4.22 billion is nearly threefold that of Optimism, which lands in second, at $1.27 billion. That said, both have been flipping their market capitalizations of late, and according to Coingecko, the former leads with a $30 million margin, sitting currently at $1.067 billion. A Brazilian congressional committee has recommended local law enforcement move to indict Binance CEO Changpeng “CZ” and three other Binance executives following a probe into financial pyramid schemes in Brazil. India extends halt on futures trade in key farm commodities by a yearIn addition to the Bored Ape Yacht Club, one of the most prominent NFT projects on the market, Yuga Labs also owns the IP to the influential CryptoPunks NFT collection. The startup raised $450 million in March 2022 at a $4 billion valuation, and has gradually made gaming a larger focus as it continues to build out Otherside.Christian Louboutin x Marvel: When Fashion Meets the Metaverse You ride a 50X move up, and then, you know, you take a side, whether you’re bullish or bearish, and everyone celebrates $100 moves in either direction. But that’s not what you’re here for. What you’ll notice is that every time Ethereum made a rally to new highs, it did not happen until Ethereum went home first. “Home” is the lower regression band. Right now, we need to see Ethereum go home for new highs to come.

Source: TradingViewThe Ethereum price has dropped by 0.5% in the past 24 hours, dipping to $1,619 as the market as a whole falls by roughly the same percentage within the same amount of time.ETH has now declined by 6% in the past week, although the market's biggest altcoin remains up by 2.5% in a fortnight and by 35% since the beginning of the year.However, the cryptocurrency has struggled to remain above $1,700 this month, while its 200-day average continues to hover around $1,800, indicating just how oversold it still is at the moment.On the other hand, this also suggests that ETH is due a rebound and soon, and with its fundamentals remaining very strong, such a rebound is only a matter of time.Ethereum Price Prediction as $1,800 Level Comes into Play – What Are the Indicators Showing?There's little doubt that ETH is in the middle of a short-term downswing right now, with its indicators all looking fairly weak.Source: TradingViewFirstly, its price has dropped by its 30-day exponential moving average (yellow), which itself remains some way below the coin's 200-day average (blue), all of which indicates big selling pressure.Secondly, ETH's relative strength index (purple) is falling slowly below 50, something which also signals an excess of selling, but which also suggest that such selling could continue for a while longer yet (since the RSI hasn't fallen to 30 or 20).Having said that, it will be interesting to see whether ETH's current support level (green) can resist a fall below $1,600 or so.If it can, ETH may recover sooner rather than later, yet a drop below this key psychological level may forecast further losses.Either way, Ethereum remains one of the most fundamentally attractive altcoins in the market, and given that it is massively below its current 200-day average of $1,800, it really should rebound soon.Indeed, recent losses have nothing specifically to do with Ethereum on a fundamental level, with market negativity surrounding rising bond yields, for instance, depressing stocks and other speculative assets (including cryptos).Yet Ethereum remains in the same position it was when it last rallied at the start of the month, with the layer-one blockchain accounting for the vast bulk of the total value locked in of the DeFi sector (particularly when you include ETH-based layer-two networks). And as we never tire of pointing out, recent months have seen some major adoption news for Ethereum, with PayPal launching its own ETH-based stablecoin and Visa conducting stablecoin trials on its network.As such, ETH will rebound soon enough, potentially hitting $1,700 in the next couple of weeks, while a bullish end to the year could see it reach $1,800 or $1,900.Alternative High-Return AltcoinsETH certainly remains one of the safest options for altcoins traders, yet it isn't the only potentially high-return alt in the market right now, with a number of other, newer tokens looking promising.Some of these new tokens are also presale coins, which can rally big once they launch on trading platforms, particularly if they've had successful sales that have attracted lots of interest.A good example of this is provided by Meme Kombat (MK), a new project that stages AI-generated battles between meme characters and enables its users to bet on the outcome of said battles.Its sale has already raised more than $400,000, a figure which indicates just how popular the project is becoming, particularly when its sale has been open for barely three weeks.What's attracting new investors is Meme Kombat's unique platform, which gives users the chance to earn rewards and prizes (in the form of $MK) if they correctly bet on the results of computer-generated battles, with users able to bet against themselves or against the platform itself.Users become able to place bets by staking the platform's native token, MK, meaning that they can also earn staking rewards in addition to betting rewards,This potentially makes MK triply profitable, in that it could also obviously witness price appreciation in addition to offering staking and gambling rewards.The token will have a hard cap of 12 million MK, with 50% of this supply going to the presale and another 30% going towards battle and staking rewards.Investors can grab some early – and at what may become a big discount – by visiting its official website and connecting their software wallets.1 MK will cost $1.667 for the sale's duration, and when this sale ends MK will list on trading platforms, where it could rally big, given how popular new meme projects have been this year.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.Terra Luna Classic Price Prediction as LUNC Edges Closer to $0.00006 – Can It Hit $3 in 2023? CBDCs, for instance, could simplify the introduction to tokenized assets and borderless money, argued Credix Finance founder and CEO Thomas Bohner. where to buy bitcoin with debit card without otpCleanSpark records its ‘best quarter’ and ‘best fiscal year ever’ With the forthcoming launch of “GESOTEN Verse” and the unveiling of these thrilling titles, the collaboration between Oasys and GMO Media is poised to reshape the landscape of blockchain gaming, offering gamers innovative experiences and rewarding opportunities like never before.Axie Infinity launches Lunalog

Recently in an event in Charleston, the famous digital artist Beeple and Yuga Labs came together to unleash physical prints of the highly popular CryptoPunks NFTs. This occasion is part of a bigger movement to ensure that digital artworks are close to their traditional counterparts by unveiling physical editions. As part of the initiative, Yuga Labs and Beeple are set to offer a physical dimension to CryptoPunks non-fungible tokens (NFTs). Sustainability ZigZag ExchangeBill Morgan, a lawyer and digital assets enthusiast, has disagreed with a negative opinion regarding Ethereum. Using a suggestive tone, Morgan declined that Ethereum looks sick and has failed in many ways. Blockchain Research Institute co-founder Don Topscott on blockchain at TED (Source: TED)


Sister links

Sources

Bookmark-new.svg