Coinbase Offers Free Trades from USDT to USDC - cyptoranking.com

2024-04-19

Popular crypto exchanges(2023 Update) 2024-04-19
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The data further showed that South Korea saw the trading of 622 types of cryptocurrencies in the first half of the year, including popular options like Bitcoin, Ethereum, Ripple, and Dogecoin. The price bounced afterward, creating a long lower wick (green icon) and validating the $0.64 horizontal area as support. After consolidating above the area for a long period of time, Tezos finally broke out on October 10. Coinbase Offers Free Trades from USDT to USDCThe Storj (STORJ) project is one that aims to provide cleaner storage services, allowing organizations to cut down their carbon footprint as well as reduce their cloud storage costs. But this under-the-radar altcoin has made it into the list. The analyst points to “High Transaction Volume, Active Addresses, Network Growth, Whale Accumulation, Age Destroyed (Consumed)” as shown in the chart. Other notable mentions by CoinGecko in the Web3 adoption by top gaming companies include Zynga’s Sugartown and Bandai Namco’s Ryuzo, which have already launched NFTs exclusive to their gaming ecosystems. Ryuzo launched its NFT last June, and two months later, in August, Sugartown followed suit.

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Arbitrage is a widely used trading strategy across different financial markets, including the cryptocurrency sector. This approach capitalizes on price variations for the same asset on various platforms or exchanges. In essence, it involves purchasing an asset at a lower price on one platform and selling it at a higher price on another, thereby generating profit from the price differential. Unlocking the Future of Gaming Summary Cryptocurrency 2023 LegislationNFTs have grown in popularity in the art, entertainment, and gaming industries. Gamers may now own and trade in-game objects, characters, and skins as NFTs, giving them actual ownership as well as the ability to transfer these assets across games and platforms. This interoperability is critical in the metaverse, because digital assets must be portable and useable in a variety of virtual contexts. The number of wallets also increased rapidly, reaching 6.6 million by June 2023, and almost 1.6 million new wallets have been created since January 2023.

For Ethereum specifically, its ongoing centralization concerns may fuel perceptions that it has drifted from its original motivations. Whether justified or not, accusations of captured governance yield an optics dilemma. Ethereum in NFTs 18 Best Crypto to Buy Now 2023-Compare Top ...Source: A video screenshot, Youtube/Entrepreneur MEBinance CEO Changpeng Zhao believes decentralized finance (DeFi) can outshine centralized finance (CeFi) during the upcoming bull run. On September 1, the crypto boss hosted a live X Spaces event, during which he expressed his belief that DeFi has the potential to surpass CeFi in terms of trading volumes. “I think the more decentralized the industry becomes, the better,” Zhao said, suggesting that it may not be long before DeFi overtakes CeFi trading volumes, as it currently stands at around 5% to 10% of CeFi volumes. “DeFi is the future; the volume is somewhere between 5% to 10% of CeFi volumes, which is not small right [...] the next bull run may very well make DeFi bigger than CeFi.“The prediction aligns with recent developments in the cryptocurrency market. Following legal actions by the United States Securities and Exchange Commission (SEC) against major centralized exchanges Coinbase and Binance, the trading volume of the top three decentralized exchanges (DEXs) increased by 444% in 48 hours. The current 24-hour trading volume on DEXs stands at $722,776,226.Zhao also commented on the recent dismissal of a class-action lawsuit against decentralized protocol Uniswap. He described it as a positive and logical decision, emphasizing the importance of regulatory clarity. As reported, on August 30, the judge presiding over the case said he found no grounds to proceed with the lawsuit against Uniswap. The verdict arrived after an extended legal process leading back to April 2021 that scrutinized the specifics of Uniswap's operations and their alignment with financial regulations.Developers Cannot be Held Reliable for Misuse of DeFi ProjectsDuring the X Spaces session, a user mentioned a judge's decision stating that developers cannot be held liable for the misuse of DeFi platforms. Zhao echoed this sentiment, stating that the protection of developers is a positive development for the industry. He emphasized that writing code is a form of free speech and should be protected.“Developers writing code, that code is free speech. So the development is really good,” CZ stated.Recent data indicates a shift in investment patterns, with venture capitalists reallocating funds from CeFi projects to invest in the growing DeFi sector. A March report from CoinGecko highlighted that digital asset investment firms invested $2.7 billion in DeFi projects in 2022, marking a 190% increase compared to 2021.In contrast, investments in CeFi projects decreased by 73% to $4.3 billion during the same period. The report suggests that DeFi is emerging as the new high-growth area in the crypto industry, while CeFi may have reached a saturation point.Meanwhile, Binance has recently told users to convert their Binance USD (BUSD) tokens to other stablecoins before February 2024.The exchange encouraged users to trade or convert their BUSD balances for First Digital USD (FDUSD) — a stablecoin launched in June by the Hong Kong-based trust company First Digital Group which had its debut listing on Binance.It is worth noting that the market cap of BUSD has taken a hard hit following the regulatory clampdown. Since the start of the year, BUSD's market cap has plummeted by over 80%, dropping from $16.13 billion on February 9 to its current value of $3.1 billion.Uniswap Class Action Dismissed in Landmark Ruling for DeFi Furthermore, gaming enthusiasts can get a sneak peek of “GESOTEN by GMO” at the Oasys booth during the Tokyo Game Show 2023, commencing on September 21st. Attendees will have the opportunity to engage in mini-games, earning OAS tokens and exclusive merchandise.

MATIC’s price has wiped out previous gains from the early October rally, erasing the bullish momentum driven by the expectations of the protocol’s upgrades. Following these events, $PEPE faced a steep decline in both market capitalization and price. It plummeted by more than 85% from its all-time high, currently trading at $0.0000006643. Open Interest: Definition, How It Works, and ExampleThe RSI indicator has also fallen below the 50% threshold, indicating that the momentum currently favors the sellers. The 1800 SAT support level is the only barrier preventing another crash toward the 1600 SAT zone. Investors should hope that this level holds for XRP to rebound higher.Dogecoin (DOGE) Hits Truce as Recovery Signals Surface Most of the recent NFT projects are said to be lacking in efficiency. However, Tamadoge (TAMA) is an exception. This meme coin and NFT-based P2E game is power-packed with the best utility as well as scope. It provides real-world utility as well as immersive gaming experiences. With Tamadoge, users can breed and sell puppies in the virtual world.

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