KYC - Crypto HK 香港加密資產 - cyptoranking.com

2024-05-14

Popular crypto exchanges(2023 Update) 2024-05-14
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The Bitcoin market cap exceeded the $1 billion mark.The first Bitcoin ATM debuted in San Diego, California.Shopify starts accepting Bitcoin for payments. Cryptocurrencies are used for P2E games and these currencies and items exist on blockchains. A blockchain has several properties that easily prove ownership, legitimacy, and rarity. KYC - Crypto HK 香港加密資產The latest functionality to join the DePIN stack will be confidential computing, allowing developers to compute encrypted data. This new framework is written in Rust. Bitcoin (BTC) starts the second week of October up 4% month-to-date as geopolitical instability provides a snap market focus.BTC price action continues to hold steady at $28,000, but what will happen next as markets react to the war in Israel?In what could end up a volatile period for risk assets, Bitcoin has yet to offer a significant reaction, spending the weekend in a tight corridor.That could soon change, however, as the Wall Street open comes amid a hike in oil and gold, along with U.S. dollar strength.Macroeconomic triggers are also far from lacking, with the coming days due to see the September print of the U.S. Consumer Price Index (CPI). In the wake of surprise employment data last week, the readout holds additional importance for the Federal Reserve.Beneath the hood, meanwhile, on-chain metrics are pointing to interesting times for Bitcoin, as BTC/USD trades in a key range, which has formed a watershed area since 2021.Cointelegraph looks at these factors and more in the weekly rundown of potential BTC price triggers to come.Bitcoin “illiquid and choppy” as weekly close passesThe weekend saw market participants fully focused on the abrupt breakout of war in Israel, and as markets themselves reopen, change is already afoot.For Bitcoin, however, the ongoing events have yet to deliver a palpable chain reaction, data from Cointelegraph Markets Pro and TradingView shows.BTC price action has centered on $28,000 since Friday, and that level remains key as traders hope for a resistance/support flip.BTC/USD 1-hour chart. Source: TradingView“Nothing special going on this weekend,” Daan Crypto Trades summarized on X (formerly Twitter) into the weekly close. “Would expect volumes to pick up a bit soon but ultimately we should be hovering around this price region until futures open back up tonight.”A further post noted that Bitcoin had yet to decisively break through the 200-week moving average (MA), which sits at $28,176 at the time of writing.Analyzing the 4-hour chart, popular trader Skew described BTC price behavior as “illiquid and choppy.” $BTC 4H these wicks really say how illiquid & choppy price action is pic.twitter.com/Qq13GsuqfB— Skew Δ (@52kskew) October 9, 2023

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WSB highlighted that the financial powerhouses, historically associated with manipulating assets like gold, are now purportedly exerting pressure on the value of XRP. He argued that the manipulation takes place despite XRP’s recent legal victory against the SEC, which granted it regulatory clarity. CoinMarketCap data indicated that the cryptocurrency market dropped 1.91% over the past 24 hours. Cryptocurrency usage skyrockets-InsightsSimilarly, another crypto analyst dismissed the allegations, implying that WSB lacked the technical analysis skills to understand market dynamics. Additionally, “further work is needed to understand the role of central banks and wCBDCs in a broader tokenised ecosystem potentially including stablecoins, tokenised deposits and financial instruments, such as tokenised bonds and securities.”

“Monetary policy needs to remain tight in most places until inflation is durably coming down towards targets. We’re not quite there. We see a global economy that is limping along, and it’s not quite sprinting yet.” In addition to its latest price drop, APE’s value was also down by 12.16% on its weekly time frame. However, the altcoin’s intraday trading volume stood at around $65,654,638 after it experienced a huge 225.92% surge since yesterday. Meanwhile, APE was ranked 82 among largest cryptocurrency with its market cap of $381,260,255. Taxes on Venmo, Cash App, PayPal: Do You Need to Report That Money?XRP Price Prediction as XRP Overtakes USDC and Becomes Top 5 Coin in the World – Can XRP Reach $100? Ethereum’s scaling solutions have seen a surge in both adoption and value. The total value locked (TVL) in L2 networks has soared to $10.5 billion, more than double from the previous year, according to L2Beat data. In contrast, Ethereum’s TVL has experienced a drop of over 30% in the past year, settling at $20 billion.

The incident reportedly took place in January this year. On Tuesday, Binance announced the delisting of XRP/BUSD liquidity pools and 11 other select trading pairs slated for October 17. This is part of its ongoing strategy to discontinue the BUSD stablecoin offering and expand support for the replacement XRP/FDUSD pool. Emerging Digital Currency Model Requires the Right InfrastructureBitcoin not only pioneered the concept of digital currency but has also seen substantial real-world adoption and growth. From a financialization perspective, Bitcoin has achieved significant milestones, including its recent adoption as legal tender in El Salvador. It boasts a thriving organic economy, deep and highly liquid trading markets, and the development of mature derivative markets worldwide. On a technical level, Bitcoin maintains tens of thousands of distributed nodes that uphold the ledger, supported by a globally dispersed network of miners and mining equipment operating across nearly every jurisdiction on Earth. In stark contrast, most CBDC projects remain in their infancy, with many still in the alpha stage or early phases of research and development. In the rapidly changing landscape of digital assets, Terra Luna Classic's LUNC has been catching the eyes of many cryptocurrency enthusiasts. While its current price hovers around the $0.00006 mark, its future potential remains a topic of significant debate and intrigue. With cryptocurrency markets known for their unpredictability, is a leap to $3 for LUNC over the next two years a realistic proposition? To answer that, we need to delve into its recent performance, technical indicators, and the overall market sentiment.Terra Luna Price As of October 8, the price of LUNC stands at a modest $0.00006, but what's truly noteworthy is its substantial 24-hour trading volume, which suggests heightened investor interest. Over the last day, LUNC has experienced a slight uptick of 0.10%. According to CoinMarketCap, LUNC's market capitalization is not yet comparable to major players like Bitcoin, but it has shown promising momentum.Terra Luna Price PredictionThe technical outlook on a 4-hour timeframe provides a deeper perspective on LUNC's potential trajectory. Currently, the pivot point is situated at $0.00006022. For traders and investors, key levels to watch include an immediate resistance at $0.00006215, with subsequent resistance points at $0.00006471 and $0.00006695. Should the token experience a downturn, it can expect support at $0.00005800, followed by deeper support levels at $0.00005586 and $0.00005421.Delving into technical indicators, the Relative Strength Index (RSI) for LUNC is at 42. Typically, an RSI below 50 indicates bearish sentiment. Another crucial indicator, the 50-day Exponential Moving Average (EMA), is currently at $0.00006022. The LUNC price's proximity to this EMA suggests a precarious position between a bullish and bearish trend.Terra Luna Price Chart - Soruce: TradingviewOne of the standout patterns observed in LUNC's chart is the symmetrical triangle formation. Such patterns often indicate a period of consolidation before a breakout. Interestingly, LUNC has also shown signs of a potential bearish break below the triple bottom pattern at $0.00005800. A confirmed breakout from the symmetrical triangle in the downward direction could lead to selling pressure, pushing the price towards the $0.00005421 mark.In conclusion, while LUNC is currently navigating a neutral to bearish terrain below $0.00006022, the dynamic world of cryptocurrencies means that anything is possible in the long run.Keep an eye on resistance and support levels. A breakthrough and maintenance above resistance levels could lead to more bullish momentum. Combine technical insights with market research before investing.New Altcoin Surges in Popularity: Here's What You Need to KnowEmerging altcoins might offer traders swifter and higher returns compared to LUNC, even though they remain well-placed. Fresh altcoins hold the promise of notably surpassing market expectations, especially if they haven't experienced their initial surge. This sentiment is especially relevant for tokens in presale, with TG.Casino (TGC) currently launching one of the most captivating new sales. They are introducing a decentralized casino platform integrated with the widespread Telegram messaging app's social reach.In the mere fortnight since its presale began, TG.Casino has accumulated nearly $635,000, signaling budding interest from investors. With a comprehensive assortment of games and betting choices, TG.Casino plans to utilize Telegram to engage with established investor and gamer communities.Having debuted just a few weeks prior, TG.Casino's integration with Telegram is anticipated to spur its userbase expansion rapidly.The TGC token, pivotal for engaging in games on TG.Casino, will not just be symbolic but will carry tangible utility. Its appeal is set to increase due to its staking capabilities.The token's maximum limit is set at 100 million. Out of this, 40 million is reserved for the presale, 20 million for staking incentives, and 10 million for gaming rewards, ensuring its widespread decentralization.To participate in TG.Casino's presale, investors can go to the official website and connect their software wallets. The wholesale price of 1 TGC is $0.125. However, the platform's strong fundamentals could lead to a potential increase in its price once it gets listed on exchanges.Visit TG.Casino 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.Cardano Price Prediction as ADA Becomes Top 10 Coin in the World – Can ADA Reach $100?

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