Will Bitcoin make a new all time high in 2023? - cyptoranking.com

2024-05-01

Popular crypto exchanges(2023 Update) 2024-05-01
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Some market participants were broadly optimistic, among them Michaël van de Poppe, founder and CEO of trading firm MN Trading.In his latest X post, van de Poppe described altcoins as being “hammered” by sell pressure, while Bitcoin held support.“If Bitcoin is able to break back above $28,000, the thesis to $35,000–40,000 might become real,” he argued.A previous post predicted that “most likely the path towards $30K is going to start from here,” with an accompanying chart showing relevant resistance levels.BTC/USD annotated chart. Source: Michaël van de Poppe/XAltcoins bear brunt of crypto cold feetMeanwhile, against altcoins, the picture remains in Bitcoin’s favor, data showed.Related: War, CPI and $28K BTC price — 5 things to know in Bitcoin this weekBitcoin’s share of the overall crypto market cap hit 51.35% on Oct. 9, marking its highest levels since mid-July.Bitcoin market cap dominance 1-day chart. Source: TradingView“A lot of Altcoins looking like they are breaking major support zones and bringing us some juicy short entries,” popular trader Crypto Tony continued on the topic.On Bitcoin, Crypto Tony flagged $27,200 as the level to hold to avoid going short on BTC.$BTC / $USD - Update #Bitcoin continues to range as we bounced off the support zone yesterday. I remain long until we lose $27,200, which then i will look to short down pic.twitter.com/rLyokRPqWp— Crypto Tony (@CryptoTony__) October 10, 2023 IoTeX’s indoor security camera, Ucam, will be the first physical proof of concept for this collaboration. Ucam users will not need to expose their private home information to manufacturers. Will Bitcoin make a new all time high in 2023?We had our best quarter and best fiscal year ever. Our efficiency is up, our energy costs are among the best in the industry, and our facilities are running at max capacity. I'm especially proud of our teams and leaders who, day in and day out, demonstrate grit@CleanSpark_Inc… https://t.co/61LGL4kAKL Inclusivity: It is a priority to ensure that the metaverse is accessible to people of all skills and backgrounds.

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Governance and practicality of the LasMeta Token make exchanges and in-game deals innovative. In-game trading, prize distribution, NFT creation, launchpad event allocation rights, exclusive game testing, VIP access to the whole gaming platform, airdrops, and unique contests are this platform’s key features. NFTs and GameFi will get benefit from LasMeta’s relationship with Trantor Network.Top 5 GameFi Tokens to Look Out for in 2023 Following UST’s and LUNA’s continuous dip, experts are still oblivious to whether the massive meltdown was triggered by a coordinated attack by rich crypto whales or masterminded by an individual. Regardless, close watchers agree that UST’s questionable economic model was a timebomb — an accident waiting to happen. How to Buy Tether|Buy USDT in 4 Steps (May 2023)Despite the broader decline in the stablecoin market, USDT remains the dominant player in the sector. USDT’s market cap is $83.54 billion, three times higher than its closest rival, USDC, which stands at $25.017 billion. This firmly establishes USDT’s dominance, with a market share of about 67.3%, according to DeFillama data. In addition to the aforementioned layoffs, Sweeney said another 250 employees would also be leaving Epic Games, as the company announced it would be selling the recently-acquired music website Bandcamp and spinning off its marketing company SuperAwesome, a child-safety tech firm that joined Epic in 2020.

Coinbase Director Flags Alameda Research for Minting Nearly $40 Billion USDT in 2021 Meanwhile, Uphold laid out specific eligibility criteria for the October XRP Sweepstakes. The exchange noted that the offer is open to all persons who are residents of the United States. However, New York and Florida residents cannot participate in the promo. Crypto Through A Long-term Lens-The Best Coins To ...Turning to crypto, it’s crucial to recognize that short-term Bitcoin (BTC) price action remains somewhat linked to regulatory decisions, particularly those pertaining to a Bitcoin spot ETF. So far, all of the positive news surrounding spot ETFs has failed to move Bitcoin out of its holding pattern. A green light on this front could unleash substantial inflows into BTC, providing the much-awaited impetus for a resurgence. It would also be remiss not to mention the ongoing FTX saga, which is currently playing out in the courts and damaging crypto’s reputation. Ethereum, the second-largest cryptocurrency by market capitalization, has been experiencing a challenging phase. The once-thriving DeFi and NFT sectors, which significantly contributed to Ethereum's meteoric rise, are currently subdued. The buzz and activity around these sectors have dwindled, leading to a noticeable decline in Ethereum's trading volume.

Source: amazing studio/AdobeChinese officials say uptake for the digital yuan is rising among overseas visitors – while more citizens are receiving their salaries in CBDC wallets.Per the Hangzhou Daily, state-run banks in the Hangzhou Asian Games Village “welcomed delegations [athletes and coaches]” from across Asia at special digital yuan “demonstration” booths.The overseas “delegations” were shown how to use the digital yuan to “make purchases” at various stores in and around the Asian Games Village.Athletes and others were able to “experience the safety and convenience” of the coin “first-hand” at the games, which concluded on October 8.The event was the first major international showcase for the coin.And China marked the event by releasing a slew of new CBDC features aimed at foreign visitors.These include an English-language version of the central bank’s digital yuan app and a link to Hong Kong’s FPS payment platform.An excerpt from the Chinese central bank’s CBDC usage guide for foreign travelers. (Source: PBoC/Yicai/Screenshot)State-run banks, meanwhile, have begun promoting the coin to international students at Chinese universities.Per Xinhua (via the China Economic Daily), visitors to China can now “register and open a digital yuan wallet with an overseas mobile phone number.”They can also top up their wallets with overseas Visa and MasterCard bank cards.And non-Chinese residents can also use QR codes from Alipay and UnionPay to make payments in Mainland China “through some overseas wallets.”An Industrial and Commercial Bank of China spokesperson said:“Previously, foreigners coming to China could only ‘pay-as-they-go’ when using digital yuan wallets. But new functions let them ‘top up first, and use later.’ This will make the payment process shorter and make for simpler and more friction-free transactions.”But it appears that the CBDC is not the only Chinese payment system to have benefited from the games.The same media outlet quoted Alipay data as showing that “since the start of the Asian Games, the average number of daily payments made by inbound tourists on Alipay increased by 69%.”Dong Ximiao, the Chief Researcher at the China Merchants Union, stated:“Convenient and novel forms of cross-border payment can optimize the payment experience for overseas tourists coming to China. This will further drive the Chinese retail market.”A Weibo user shares a promotional image explaining how JD.com users can receive CBDC-related discounts. (Source: (年少轻狂最情深661/Weibo)Overseas Visitors’ Digital Yuan ‘Uptake Rising’ – and More Chinese Now Paid in CBDCMeanwhile, more Chinese state-operated firms are now paying their staff in digital yuan tokens.Last month, the state-run bureau that runs financial operations at the Zhongkai High-tech Industrial Development Zone in Huizhou, Guangdong Province, said it would begin paying its staff using the CBDC.And the Huizhou Daily reported that the bureau has now successfully carried out its plan.The media outlet reported that the bureau “paid digital yuan wages to 1,211 [Community Party-appointed officials] and employees in 25 district-level agencies and public institutions.”The move marks the first time workers in the province have received the entirety of their salaries in CBDC tokens.City officials claimed that 649,000 personal digital yuan wallets have been opened in Huizhou thus far.Some 55,000 corporate wallets have also been opened in the city.Earlier this year, the city of Changshu, in Jiangsu Province, said that “all public officials and employees of state-owned enterprises” would be paid in digital yuan starting in May 2023.Biggest Crypto Gainers Today on DEXTools – VS, OPOE, QLINDO This shift in sentiment among US investors is a crucial indicator, emphasizing the need for market participants to closely monitor this metric as it could provide valuable insights into the market’s future direction.Bitcoin transactions see sharp decline following Ordinals peak hype When to Sell Your Crypto and the Importance of Setting ...“The Board’s and FRB San Francisco’s narrow interpretation allowed Silvergate to enter a new business activity and gradually shift from commercial and mortgage banking activities to operating as a monoline entity serving the crypto industry without obtaining approval or implementing any conditions to address that transition,” the summary report stated. Larsen says that DeFi statistics will never resemble the frenzied activity volume of a game, for example, due to the technology’s unique purpose. “But the amount of capital that the system has amassed, I would say, is quite impressive.”

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