OpenLeverage: A new possibility of decentralized derivatives - cyptoranking.com

2024-05-02

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But, after the bankruptcy, few in the team knew the exact number of wallets owned by FTX or where their private keys were located, per Wired. However, on July 13, the court ruled a partial victory for both the SEC and Ripple. Ripple’s native token, XRP, was deemed a security for institutional sales but not for retail sales. OpenLeverage: A new possibility of decentralized derivativesThe short answer is that crypto mining is not dead, but it seems quite evident that cryptocurrency mining will become less relevant over time, with the exception of Bitcoin mining. Out of the 10 largest cryptocurrencies by market capitalization, only two (Bitcoin and Dogecoin) are secured through mining. The others use Proof-of-Stake or are issued as tokens on top of existing Proof-of-Stake blockchains. Warbler Labs said it will backstop all losses to investors in the pool.

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“After discussion and consensus among all nodes, these services will be reopened once the vulnerabilities are confirmed and fixed,” the team said in an X post on Monday. “Fear of Missing Out” or FOMO is a psychological situation when an investor may feel a mix of fear and panic for not getting a chance to gain profit that the other investors gained from the market. To cite an example, FOMO usually happens when a market goes bullish. Here, investors get into a discussion on whether or not to buy the surging market expecting that they will trade with the remaining coins. Hoge Coin Price Prediction 2023-2025In May, bound account tokens (TBAs), also known as NFTs, which function as crypto wallets, were introduced to the Ethereum market for the first time. Legal Status – This is one of the most debatable topics observed in the community. Some claim that there is no official law protecting the smart contract, even though it is considered a legally binding document. Just like the other limitations, this could be a hurdle for now.

From Burgers to Cryptocurrency This is still up for debate as we get closer to mining the last bitcoin of the capped 21 million supply. Granted that the last bitcoin won’t be mined until much later, it is interesting to see what will happen when the last bitcoin is mined. FASB Recommends New Cryptocurrency Accounting ...Bitcoin (BTC) rejected at $28,000 after the Oct. 5 Wall Street open as a return toward six-week highs failed.BTC/USD 1-hour chart. Source: TradingViewBitcoin sees swift comedown after new $28,000 retestData from Cointelegraph Markets Pro and TradingView followed BTC price action as bulls attempted to match levels from earlier in the week.This encountered problems just above the $28,000 mark, however, with the subsequent hourly candle sending the market down $700, or 2.5%.Commenting on the status quo, on-chain monitoring resource Material Indicators was unsurprised. Its proprietary trading tools had warned of a fresh downturn, it said, and the chain of events could still repeat.“If you didn’t see this rejection coming, then you might want to evaluate your tools, because both TA and Trend Precognition indicated a high probability of a rejection,” part of an X post stated.“That doesn’t mean we won’t see another attempt, because we probably will.”Continuing, Material Indicators co-founder Keith Alan eyed a possible trading range for BTC/USD going forward, noting that the current spot price zone was the site of “key” support/resistance flips in prior bull markets.“So far, Key Moving Averages are serving as strong technical resistance (and support). Breaking this range to the upside is a possibility this month. If it happens, a lot of people are going to get rekt along the way,” he told X subscribers.“A close above the 200-Week MA would fuel bullish hopium. A close below the 21-Week MA keeps BTC ranging between $25k - $28k until something breaks.”BTC/USD annotated chart. Source: Keith Alan/XAt the time of writing, the 200-week and 21-week MA stood at $27,970 and $27,868, respectively.Others were more optimistic, with Michaël van de Poppe, founder and CEO of trading firm MN Trading, describing Bitcoin as “very much ready” to tackle $30,000 resistance.“Few levels of importance for Bitcoin here,” he wrote in X analysis the day prior.“Holding above $27,200 would be substantial for upwards continuation, but preferably is a retest at $26,700–$26,900 before we’ll continue the rally to $30,000. Sentiment flipped quite fast.”BTC/USD annotated chart. Source: Michaël van de Poppe/XTrader taps RSI for BTC price bottomElsewhere, popular trader and X commentator Ali revealed a BTC price trading method that he argued had tracked recent local tops and bottoms.Related: Bitcoin still beating US dollar versus ‘eggflation’ — Fed dataThis revolved around the relative strength index (RSI), which on four-hour time frames had fluctuated between approximately 30 and 75 since late August.“Currently, the RSI stands at 51. Patience is key! We might be best waiting for the RSI to drop below 30.35 to buy the dip!” part of an accompanying commentary advised.Ali uploaded a chart showing a classic “sell” signal coming at the start of October, implying a new “buy” signal could come next — alongside a BTC price local low.BTC/USD chart with 4-hour RSI data. Source: Ali/XThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. Source: TradingViewThe XRP price has risen by 1% in the past 24 hours, with its move to $0.523743 coming as the cryptocurrency market as a whole increases by just over 3% today.XRP is now up by 6% in a week and nearly 6% in the last 30 days, with the altcoin also having appreciated by 54% since the beginning of 2023, a year which saw Ripple gain a largely positive result in its case against the SEC in mid-July.And with the wider market seemingly beginning what may be a medium- or long-term recovery, XRP may be in for further gains in the coming days and weeks, helped onwards by Ripple's ongoing expansion as a company.XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy?XRP had been threatening to recover from recent losses for a long while, and it now seems that it has finally begun what may be a sustained rebound.Source: TradingViewIts 30-day moving average (yellow) has just begun rising ever so slightly towards its 200-day average (blue), and it's likely that it will begin climbing more steeply in the next one or two days, with its crossing of the longer-term average potentially signaling a breakout.Likewise, XRP's relative strength index (purple) has risen close to 60 today, representing a marked increase in momentum after several weeks spent close to 30, in what was a very oversold position.And what's encouraging about the RSI's rise is that it still has plenty of space to continue rising before XRP becomes overbought.XRP is rising today because of the market-wide rally that began over the weekend, possibly as a result of the US Congress agreeing a last-minute spending bill that would avoid a damaging government shutdown.Regardless, it seems that buyers have begun accumulating XRP again, although newcomers should be mindful that some whales may potentially use the current recovery to dump some of their bags.In other words, XRP may dip one or two times in the short-term en route to a longer term recovery, which could end up with the altcoin returning to $0.60 in the next few weeks.The coin's fundamentals certainly remain good enough for it to post a sustained recovery, given that it continues to benefit from the fact that Judge Analisa Torres declared in mid-July that it is not in itself a security.This ruling enabled US-based exchanges to relist the tokens, while it has also paved the way for Ripple to resume expanding its cross-border transfer business a little more aggressively.Indeed, the past few weeks have seen the company sign a number of new partnerships and make some important acquisitions, including that of Web3 infrastructure provider Fortress Trust in early September.Such developments put Ripple in a good position to expand healthily in the coming months and years, and with it XRP could easily regain many of its former levels.This includes $1, with the appearance of a full-blown bull market in 2024 likely to push the altcoin up towards $2 or $3.Alternative Altcoins for Market-Beating GainsXRP is likely to mount some serious gains sooner or later, yet holders may have to wait until a fully-fledged bull market before this actually happens.In the meantime, many traders may be better off buying into newer altcoins, which still have yet to have posted initial rallies, including presale coins that could easily surge once listed on exchanges for the first time.A good example of such a token is TG.Casino (TGC), an Ethereum-based casino platform that has raised more than $300,000 since opening its sale last week.TG.Casino is an online gaming platform and casino that also has a big presence on Telegram, using the social network/messaging app to tap into some of the large communities that already operate and communicate there.In contrast to some of the more unfortunate examples of presale tokens that essentially amount to vaporware, it's encouraging to note that TG.Casino has already launched its platform.On it, gamers and gamblers will be able to play a wide variety of video games and more traditional casino-style experiences, with rewards being earned in the form of TGC, the platform's native token.TGC will come with a total maximum supply of 100 million tokens, with 40% of this supply going to the presale, 20% going to staking rewards, 20% going to DEX liquidity, and 10% to gaming rewards (another 10% will go to marketing and affiliates).Interested investors can join the sale by heading over to the official TG.Casino website and connecting their wallets, with 1 TGC costing $0.125 for the entirety of the sale.Once the offering has ended, TGC will list on trading platforms, where it could potentially surge.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.Dogecoin Price Prediction as DOGE Becomes Top 10 Crypto in the World – Is $1 DOGE Possible in 2023?

Jason Janowitz — founder of crypto news outlet Blockworks — described in an Oct. 8 tweet how someone tried to hijack his Friend.tech account. Although bank notes may have been effective at addressing barriers in the past, to be universally accessible, a CBDC must address the barriers inherent in today’s—and tomorrow’s—evolving technical landscape. Giant Containers-Mining cryptocurrencies, in a shipping ...As for the price action, the CTSI price has fallen under a descending resistance trendline since May. More recently, the line caused a rejection on October 8, creating a long upper wick. Additionally, these most recent results have also impacted the Bitcoin mining pool industry state in the last three days, as AntPool slightly overcame Foundry USA by a two-block difference. The Chinese mining pool has mined a total of 121 blocks (27.75%), while Foundry was responsible for 119 blocks (27.29%), according to the 3-day pools ranking.

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