Cryptocurrency, GanderCoin launched as India's first ... - cyptoranking.com

2024-04-29

Popular crypto exchanges(2023 Update) 2024-04-29
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XTZ Chart / Source: AdobeTezos (XTZ), the cryptocurrency that powers the Tezos layer-1 blockchain protocol, has pumped over 11% on Monday.XTZ was last trading around $0.72 per token, having rallied as high as $0.746 earlier in the session to test its 100-day Moving Average, after enjoying a strong bounce from support in the mid-$0.60s on Sunday.Tezos markets itself as a blockchain that is designed to address key barriers facing the adoption of blockchains for the trading of assets and use of decentralized applications.There doesn’t appear to have been any one fundamental catalyst behind Monday’s upside.Rather, technicals could explain the move.XTZ appeared to break an important trendline dating all the way back to late 2021 on Monday, which could have potentially triggered some technical buying.When an asset breaks out of a long-standing downtrend like this, its often a sign its long bear market has come to an end, although it doesn’t necessarily mean the start of an aggressive new bull market.Price Prediction – Where Next For Tezos (XTZ)?Before the bulls declare victory and that XTZ has found a near-term bottom, XTZ needs to also break above its 100DMA and clear the way for a retest of its 200DMA at $0.85.A break above the 200DMA would then be required for the bulls to really become confident that the bear market is over.If XTZ can achieve this, a quick retest of the psychologically important $1 level could be on the cards, which would mark a rally of around 40% from current levels.However, bulls should remain cautious, as near-term upside is far from a guarantee.Firstly, macro headwinds remain strong – markets were gripped by risk-off on Monday thanks to geopolitical concerns amid the escalating Israel/Palestine conflict, but the main headwind is that the US economy continues to outperform expectations, pushing back the potential date for the start of a US interest rate cutting cycle.Secondly, the Tezos blockchain doesn’t appear to be thriving – its trade value locked (TVL) in smart contracts has stagnated now for months, as per DeFi Llama, and its monthly transaction numbers continue to deteriorate, as per TZStats.Tezos (XTZ) Alternatives to ConsiderXTZ could well pump in the near future, but its outlook is marred by downside risks.For those looking for a better probability of near-term gains, an alternative high-risk-high-reward investment strategy to consider is getting involved in crypto presales.This is where investors buy the tokens of up-start crypto projects to help fund their development.These tokens are nearly always sold cheaply, and there is a long history of presales delivering huge exponential gains to early investors.Many of these projects have fantastic teams behind them and a great vision to deliver a revolutionary crypto application/platform.If an investor can identify such projects, the risk/reward of their presale investment is very good.The team at Cryptonews spends a lot of time combing through presale projects to help investors out.Here is a list of 15 of what the project deems as the best crypto presales of 2023.See the 15 CryptocurrenciesDisclaimer: 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.China Says Overseas Visitors Are Using e-CNY, Paying More Salaries with CBDC Some analysts are already calling InQubeta ($QUBE) the best cryptocurrency to invest in right now thanks to the profits its presale offers and its long-term growth potential. It’s one of the best DeFi projects to be launched in some time as it takes on traditional investment firms by providing an easier-to-use alternative.Meanwhile, Ripple ($XRP) is set to release a billion tokens in October as per its 55-month plan to release over 55 billion tokens. The release is broken into three batches to reduce the impact of their effect on $XRP prices.Best cryptocurrency to invest in: Top DeFi project InQubeta raises over $3.4 millionInQubeta’s inventive way of opening up AI investment prospects makes it one of the top crypto coins that focus on advancing the technology. The InQubeta network is built on the Ethereum ($ETH) blockchain and shares its security, efficiency, and functionality.The project harnesses ERC20 coins, fractionalization, and smart contracts to create a new way to invest in AI that sidesteps the barriers that often make investing through mainstream options impossible like minimum investments that are more than many people make in a year.The price structure of the $QUBE presale has prices rising 3x from its current price at $0.0133 to $0.0308 by the time tokens are released on exchanges. $QUBE has a 1.5 billion supply cap and deflationary practices like burn taxes to encourage long-term price growth. Some cryptocurrency analysts expect $QUBE prices to reach a dollar within a year, setting up those who hold or stake $QUBE for considerable returns. Prices could reach $20 within a few years as the project helps to funnel some of the more than $1.5 trillion that’s expected to pour into the AI space by 2030.A simpler way to investThere’s no need to worry about income or geographic restrictions when investing in the InQubeta ecosystem. Anyone with a debit/credit card or any top crypto coins can buy $QUBE.Startups raise money by creating and selling non-fungible tokens (NFTs) that serve as stocks in the ecosystem. These tokens are fractionalized and posted to the ERC20 token list on the NFT marketplace and investors buy them with $QUBE.The value of the NFTs sold at the marketplace can be tracked through each investor’s InQubeta account and tokens can be sold at any point. Like stocks, the value of these tokens grows proportionately to the growth of their makers’ market shares.AI could very well be the most transformative technological breakthrough in human history and those who invest in companies that end up leading the charge set themselves up for massive returns. That was the case for those who backed companies like Amazon in the early days, and it won’t be any different with AI.Ripple ($XRP) poised to release over a billion tokensRipple has routinely released tokens on the first day of every month since 2012 and a billion tokens were released on Oct. 1. The release was broken into three different transactions: 500 million, 400 million, and 100 million. This makes up about 1.8% of the total tokens in circulation and over 46 billion XRP will be slowly released in the next 14 years. The $XRP released in October is worth about $500 million.XRP started its monthly token release to avoid flooding the market with tokens which would have a negative effect on prices.SummaryInQubeta is being touted as the best cryptocurrency to buy now as its presale offers quick and sizable returns. Join now and you get to grow your capital by 300% before the event ends, and a lot more once tokens are released on exchanges. InQubeta’s innovative solution that opens up AI investments could propel it to over 100x within a year, and a lot more afterward.Visit InQubeta PresaleJoin The InQubeta CommunitiesBitcoin Spark: The Crypto That Rewards You for Processing Transactions Cryptocurrency, GanderCoin launched as India's first ...Japanese streetwear brand A Bathing Ape (BAPE) has its own metaverse play called the Bapetaverse, plus an upcoming collaboration with the Bored Ape Yacht Club. But BAPE is apparently keen not just on emerging tech, but nostalgic tech too—and has unveiled a new collab with Bandai’s classic virtual pet brand, Tamagotchi. The change does not mean that the CSA is changing its stance on crypto.

Exchange Rankings Crypto
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Here are some popular altcoins by the total dollar value of the coins in existence. nano config.json Top Cryptocurrency Decentralized Exchanges RankedThe BTC Paired Chart Dreadfulz joined the top 5 NFT collections on CoinmarketCap with an estimated market cap of 35.77 ETH. It is an Ethereum-based NFT project consisting of 7,777 unique NFTs that come in the form of weird-looking art pieces with distinct and scary features. Dreadfulz is famous for offering holders the opportunity to stake their NFTs and earn rewards. Dreadfulz’s floor price at the time of writing was 0.0089 ETH.

All services will be suspended on Nov. 6, though provisions have been put in place for users to export financial data, a company banner on its website reads. A Nostalgic Ride Down Memory Lane Philippines' digital transformation could make it a new crypto hubShort positions are still ahead, with about 50.5% of the futures market in shorts as of Monday. A short squeeze could propel prices higher. Cryptos had lost their momentum by Monday afternoon though, with bitcoin (BTC) losing around 0.6% and ether (ETH) in the red more than 4%. The Bank of International Settlements announced the conclusion of Project Mariana, which tested cross-border trading and settlement of a central bank digital currency (CBDC).

XRP Breaks Out After Long Lower Wick “We'll see apocalyptic predictions about AI's energy use fall flat,” HIVE Research Director Adam Sharp previously told Decrypt, citing a 2017 Newsweek prediction that Bitcoin would consume 100% of the world’s energy by 2020. The Block Research's Analysts: 2023 PredictionsSource: AdobeInvesco and Galaxy Digital aim to introduce a spot Ethereum (ETH) exchange-traded fund (ETF) as more and more asset managers continue to explore digital asset products.In a Friday post on X (formerly Twitter), Bloomberg ETF analyst James Seyffart revealed that the two asset managers have filed for a spot Ether ETF, dubbed Invesco Galaxy Ethereum ETF. Per the firm’s S-1 registration statement, the Invesco Galaxy Ethereum ETF will “reflect the performance of the spot price of ether” by holding units of the cryptocurrency with a separate custodian, who is yet to be identified. The filing detailed that Invesco is the sponsor, while Galaxy Digital is the “execution agent,” which will sell ETH to pay the Trust’s expenses.Invesco and Galaxy join a growing list of investment managers seeking regulatory approval for a spot ETH ETF.The SEC recently extended the deadline for decisions on previous applications from ARK 21Shares and VanEck until December 25-26.The commission said that it required more time to consider the proposed rule change and the related issues.Future Ether ETFs Could Come Next WeekWhile a spot Ether ETF may take some time to materialize, futures-based Ether ETFs are expected to become available as early as next week. Investment firms have already begun preparing to add ETH futures vehicles to their portfolios. VanEck, for example, has announced its upcoming Ethereum Strategy ETF (tickered EFUT), which will be listed on the Chicago Board Options Exchange in the coming days.Valkyrie, another company in the space, plans to offer exposure to Ether futures through its existing Bitcoin Strategy ETF, now rebranded as the Valkyrie Bitcoin and Ether Strategy ETF. Bitwise also submitted an updated prospectus for their equal-weight Bitcoin and Ether futures ETF on September 28, with expectations of going live next week. Additionally, Kelly ETFs has partnered with Hashdex to deliver futures Ether ETFs in the near future.Like spot bitcoin ETF, the SEC has yet to approve applications, citing concern over market manipulation and investors' vulnerability.However, it appears that future ETH ETFs have a higher likelihood of receiving approval from the SEC.Futures ETFs would directly invest in futures contracts traded on the Chicago Mercantile Exchange (CME) rather than in the underlying smart contract asset. The regulatory body views futures ETFs as a commodity that can be monitored by the CME, giving investors protection against price manipulation. In fact, reports have suggested that the SEC may commence approval of Ether futures ETFs in early October, which has generated significant interest among asset managers eager to participate.At the time of writing, Ether is trading positively at around $1,600, driven by the enthusiasm surrounding the introduction of futures ETFs. VanEck Prepares to Launch Ethereum Strategy ETF in CBOE Hamas launched its first deadly attack on Israel since 1948 on Saturday, killing more than 1,500 citizens and taking at least 100 hostage. Citizens have called on the government to launch a ground offensive, a move that could lead to instability in the Gaza strip, a Palestine region from which Hamas launched its attack.

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