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2024-04-29

Popular crypto exchanges(2023 Update) 2024-04-29
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In a conversation with Blockworks at Permissionless II, Ethan Buchman, the co-founder of Cosmos and the current CEO of Informal Systems, notes that there is an opportunity today for different blockchain ecosystems to converge to similar architectures. In this week’s newsletter, check out Glassnode data that shows nonfungible token (NFT) protocol Bitcoin Ordinals may not be clogging the network. Read about British politicians using the metaverse to discuss opportunities and challenges in Web3, and find out why Rolling Stone says NFTs are “finally totally worthless.” And don’t forget this week’s Nifty News, featuring world-renowned artist Takashi Murakami saying he might not release any more NFTs. U.K. politicians don metaverse avatars as they share Web3 roadmapPoliticians in the United Kingdom gathered in the metaverse on Sept. 20 to set out a vision for the country’s Web3 and blockchain industry. The gathering included eight British Lords, politicians and global leaders speaking about both the opportunities and challenges that the growth of Web3 technology could bring. According to Natalie Elphicke, a member of parliament who appeared with a unique avatar in the metaverse, Web3 “reimagines the very fabric of the internet,” representing a paradigm shift. Continue readingBitcoin Ordinals haven’t wrestled blockspace from money TXs: GlassnodeData from on-chain analytics firm Glassnode shows that despite concerns the NFT-like Bitcoin Ordinals protocol is clogging the Bitcoin network, there’s little evidence to prove it. According to Glassnode, inscription users tend to set low fee rates, showing they are more willing to wait longer for confirmation. “Inscriptions appear to be buying and consuming the cheapest available blockspace, and are readily displaced by more urgent monetary transfers,” the firm explained in its on-chain report. Continue readingNFTs are “totally worthless” says mainstream media, community respondsMedia outlet Rolling Stone has declared that NFTs are “finally totally worthless” in a recent report. The firm cited the findings of a DappGambl study on the NFT landscape. According to the data, up to 95% of NFTs owned by over 23 million users have no value at all. Members of the community responded to the report, with some showing previous articles from the media outlet that promoted the Bored Ape Yacht Club collection. The community member highlighted the drastic shift in the media narrative regarding NFTs. Continue readingNifty News: Murakami to step back from NFTs, Dan Harmon’s NFT show debut and moreJapanese artist Takashi Murakami has recently said he might not release any more NFTs after entering the market in 2021. The artist said in an interview with The Guardian that maybe he is “done releasing NFTs.” Murakami’s NFT collection Murakami.Flowers generated over $40 million in secondary trading volume, according to data from NFT marketplace OpenSea. Meanwhile, NFT artist Danny Casale recently won a multimillion-dollar contract dispute with a Web3 art curator called DigiArt. DigiArt sued Casale in March 2023 for allegedly breaching their contract after launching his own NFT project. However, a judge has taken the artist’s side as there was no contract start date specified. Continue readingCHECK OUT COINTELEGRAPH’S NFT STEEZ PODCASTThanks for reading this digest of the week’s most notable developments in the NFT space. Come again next Wednesday for more reports and insights into this actively evolving space.Bitcoin Ordinals haven’t wrestled blockspace from money TXs: Glassnode Best Cryptocurrency Exchange Platforms|ProductsAccording to a statement issued to Decrypt by Gucci, a “‘Digital First’ imperative and ‘test and learn’ approach” are key to its business strategy. Let’s take a closer into each of those solutions.

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Bollinger bands and stochastic RSI suggest potential positive turnaround opportunities. Basic Charts and Patterns for Trading Central Bank Digital Currency - PwCRead More: Crypto Signals: What Are They and How to Use Them Manifold aims to elbow their way more deeply into the market with a focus on a new MEV auction system that will allow for “multiple winners per slot, as opposed to the current paradigm of one slot, one winner in the Flashbots MEV Boost system,” per the blog post. Flashbots’ MEV Boost currently boasts over 90% of the ETH validator market utilizing the block builder.

In this week’s newsletter, check out Glassnode data that shows nonfungible token (NFT) protocol Bitcoin Ordinals may not be clogging the network. Read about British politicians using the metaverse to discuss opportunities and challenges in Web3, and find out why Rolling Stone says NFTs are “finally totally worthless.” And don’t forget this week’s Nifty News, featuring world-renowned artist Takashi Murakami saying he might not release any more NFTs. U.K. politicians don metaverse avatars as they share Web3 roadmapPoliticians in the United Kingdom gathered in the metaverse on Sept. 20 to set out a vision for the country’s Web3 and blockchain industry. The gathering included eight British Lords, politicians and global leaders speaking about both the opportunities and challenges that the growth of Web3 technology could bring. According to Natalie Elphicke, a member of parliament who appeared with a unique avatar in the metaverse, Web3 “reimagines the very fabric of the internet,” representing a paradigm shift. Continue readingBitcoin Ordinals haven’t wrestled blockspace from money TXs: GlassnodeData from on-chain analytics firm Glassnode shows that despite concerns the NFT-like Bitcoin Ordinals protocol is clogging the Bitcoin network, there’s little evidence to prove it. According to Glassnode, inscription users tend to set low fee rates, showing they are more willing to wait longer for confirmation. “Inscriptions appear to be buying and consuming the cheapest available blockspace, and are readily displaced by more urgent monetary transfers,” the firm explained in its on-chain report. Continue readingNFTs are “totally worthless” says mainstream media, community respondsMedia outlet Rolling Stone has declared that NFTs are “finally totally worthless” in a recent report. The firm cited the findings of a DappGambl study on the NFT landscape. According to the data, up to 95% of NFTs owned by over 23 million users have no value at all. Members of the community responded to the report, with some showing previous articles from the media outlet that promoted the Bored Ape Yacht Club collection. The community member highlighted the drastic shift in the media narrative regarding NFTs. Continue readingNifty News: Murakami to step back from NFTs, Dan Harmon’s NFT show debut and moreJapanese artist Takashi Murakami has recently said he might not release any more NFTs after entering the market in 2021. The artist said in an interview with The Guardian that maybe he is “done releasing NFTs.” Murakami’s NFT collection Murakami.Flowers generated over $40 million in secondary trading volume, according to data from NFT marketplace OpenSea. Meanwhile, NFT artist Danny Casale recently won a multimillion-dollar contract dispute with a Web3 art curator called DigiArt. DigiArt sued Casale in March 2023 for allegedly breaching their contract after launching his own NFT project. However, a judge has taken the artist’s side as there was no contract start date specified. Continue readingCHECK OUT COINTELEGRAPH’S NFT STEEZ PODCASTThanks for reading this digest of the week’s most notable developments in the NFT space. Come again next Wednesday for more reports and insights into this actively evolving space.Bitcoin Ordinals haven’t wrestled blockspace from money TXs: Glassnode — Sunil (FTX Creditor Champion) (@sunil_trades) October 8, 2023 How to Buy Bitcoin and Crypto with PIX (2023)Source: PixabayThe recent approval of Ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) officially establishes Ethereum's status as a non-security, former CFTC Chairman and Head of Policy at a16z Crypto, Brian Quintenz, posted on X today.On October 2, a total of nine ETF products designed to track futures contracts tied to the value of Ethereum's native currency, Ether, were introduced to the market. Of these, five exclusively hold Ether futures, while the remaining four track a combination of Bitcoin and Ethereum futures contracts.Grayscale is also looking to convert its Ethereum Trust into into a spot Ethereum ETF. Ethereum ETFs Saw Less Than $2 million in Total Trading Volume on Day 1Among the newly launched ETFs, Valkyrie's BTF, which tracks a combination of Bitcoin and Ether, led the way with a total trading volume of $882,000. Worth noting is that BTF had been trading as a Bitcoin-only futures ETF since October 2021 but adjusted its strategy to include Ethereum.Comparing the initial trading volume of these Ether ETFs to the debut of the ProShares Bitcoin Strategy ETF (BITO) in October 2021, it's clear that Ethereum's reception has been more subdued. BITO witnessed over $1 billion in trading volume on its first day.Eric Balchunas, a senior Bloomberg ETF analyst, pointed out that while the Ether ETFs' trading volume may seem modest, it is relatively substantial when compared to typical traditional finance ETF launches. However, he noted that investors generally prefer spot ETF products over those based on futures contracts.Balchunas also highlighted the SEC's decision to launch all these ETF products on the same day, a move aimed at preventing any single fund from gaining market dominance.Volatility Shares Cancels Plans to List ETH Futures ETFDespite the growing interest in Ether futures and ETFs, some firms are cautious about entering this market. Volatility Shares, an ETF provider, recently canceled its plans to list a similar product, citing a lack of opportunities in the current environment.As the cryptocurrency market continues to evolve, the approval of Ethereum ETFs signifies a significant regulatory development. The former CFTC chairman also opined on the occasion:  It's ridiculous and insulting that it took so long to get here, but it's a big win for the crypto space, and more importantly for the future of the internet.Blockbuster Crypto Wall Street Memes Token to List on Binance in 3 Days Claims Source, Next Pepe 100x Coin Incoming? 1. Ljubljana, Slovenia

However, when pressed for further details about the publication’s scope, Kusama declined to divulge additional information. Furthermore, Kusama refrained from providing specific timelines for the project’s release date. Instead, he offered the team’s customary teasers, “SOON.” Furthermore, the ENS makes names and addresses more open and simpler to interact with. At the moment, the major goal of ENS is to simplify the process of reading and exchanging cryptographic addresses between individuals and programs, as well as to make Web3 more easily consumable. As Web3 continues to develop, it is anticipated that more protocols will be developed around the ENS. Ripple Price Prediction 2023, 2024, 2025, 2026-2030Bitcoin’s price has been consolidating below the $28K level over the last few days, failing to continue its momentum toward the $30K resistance level. The price is currently testing a key area and should be closely monitored. Manifold Finance has launched a new maximal extractable value (MEV) protocol. It introduces a new auction system that allows multiple winners for each auction slot, in contrast to the predominant “one winner per slot” model in the Ethereum ecosystem.


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