Gift cards, the best way to spend your crypto - cyptoranking.com

2024-05-07

Popular crypto exchanges(2023 Update) 2024-05-07
Image: cyptoranking.com

The VanEck Ethereum Strategy ETF (EFUT) appears to be leading the asset race with $8 million. The ProShares Ether Strategy ETF (EETH) had roughly $6 million, while Bitwise’s pure ethers futures fund — its Bitwise Ethereum Strategy ETF (AETH) had not yet reached $1 million in assets. Block.one served as the anchor investor, pledging $50 million. CMCC Global, the fund’s initiator, also contributed a 15% general partner commitment. Gift cards, the best way to spend your cryptoSeveral Israeli banks and regulators have also stepped in to facilitate the flow of these crypto donations, potentially providing a bridge between crypto assets and traditional banking channels. Amidst the churn of geopolitical unrest, billionaire investor Paul Tudor Jones heralds Bitcoin as a robust choice for investors.

Exchange Rankings Crypto
Image: cyptoranking.com

Alternatively, you can calculate for short positions: The next major resistance is $1,620 or the 100-hourly Simple Moving Average, above which the price could rise toward the $1,665 resistance zone. A close above the $1,665 resistance might send the price toward the key resistance at $1,750. The next key resistance might be $1,820. Any more gains might open the doors for a move toward $1,880. How to Buy Ethereum: Buy ETH with Credit Card & MoreThe price of Open Exchange’s OX token fell as much as 50% on Friday following news of co-founder Su Zhu’s arrest. These requests are in response to the IRS’s proposed regulations for tax reporting of cryptocurrency, non-fungible tokens (NFTs), and other digital assets, which the IRS unveiled in August 2023. Under the proposed regulations, brokers would be required to report cryptocurrency transactions using Form 1099-DA, similar to financial institutions reporting traditional investments such as stocks and bonds.

Hourly MACD – The MACD is now gaining pace in the bearish zone. “5K letter” refers to a motion filed by the government under Section 5K1.1 of the U.S. Sentencing Guidelines, which is the policy statement on “substantial assistance to authorities.” It allows the government to make “the appropriate reduction” to a sentence in consideration for a variety of forms of cooperation. NFT Decentralized Exchange Collection.xyz Launches on EthereumCowen recognizes that The Merge, with its deflationary component, could mean ETH might not toe its historical line. This deflationary aspect could be Ethereum’s wild card, making its trajectory even more elusive. The Ethereum (ETH) network experienced a surge of abnormally high gas fees on Thursday, with over 140,000 transactions directed to a wallet address labeled by Etherscan as “Binance 14.”While the Ethereum network's average gas fee hovered around 10 gwei, Binance’s transactions consistently paid fees exceeding 300 gwei, or around 30 times higher than what was needed.300 gwei equals around $10.Recommended Ethereum transaction fees on September 22. Source: EtherscanThe extraordinary expenditure resulted in a temporary spike in gas fees on the Ethereum network, with users incurring substantial costs for sending transactions.Binance confirms ‘routine consolidation of ETH’Binance has confirmed in a media statement that the transactions were initiated by them, calling it a “routine consolidation of ETH.”“Any impact to gas prices was unintentional but quickly resolved,” a spokesperson for the exchange said.In total, the transactions drained more than 530 ETH, equivalent to approximately $840,000 in gas fees, briefly making it the largest gas user on the Ethereum network.Over the course of its lifetime, the wallet address is responsible for $95 million in transaction fees, including both inbound and outbound transactions.Community reactsThe incident was widely shared among community members on X, with one user saying it was a consolidation “from long-inactive deposit addresses.”Others also offered their take on the unusual transactions, with for instance Martin Köppelmann, co-founder of DeFi protocol Gnosis, suggesting that Binance is either using “a really inefficient script” or that “something fishy is going on.”Lastly, some community members blamed Binance’s wallet team for the glitch, calling the team’s engineers “incapable.”“They will release a case report soon. And likely someone got fired,” the user added.Ethereum Devs Put Forth ERC-7512 Standard to Represent Audit Reports On-Chain

Around the same time as CZ’s warning, another prominent figure, Aman, associated with Binance raised concerns about scams in the crypto community. aman urged users to “Stay SAFU” and highlighted a concerning trend involving the misuse of CZ’s images in NFTs, alongside false promises of lucrative rewards. At the end of 2014, Saiers presented his first full-scale exhibition titled “Blindfolded in Gravity’s Shadow” at Studio Vendome in New York. Buy Bitcoin in Canada with Credit or Debit CardBinance CEO Chanpeng Zhao stands accused of multiple financial crimes. Source: Chamber of Deputies of Brazil The relationship between FTX and its hedge fund arm has proved crucial to the criminal case that followed the collapse of the crypto exchange in November 2022, as the prosecution has argued Bankman-Fried used funds illegitimately transferred to Alameda as his “personal piggy bank.”

Have an opinion on this story? Share it!