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2024-05-02

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Additionally, as new chains come to Cosmos, Buchman believes there’s an opportunity to move beyond speculation and into genuine consumer-focused apps – potentially the first step in crypto achieving its political and social ambitions. The fork will allow some holders to profit via arbitrage. The Nouns price floor fell to as low as 25 ETH in recent weeks, per NFT Price Floor, and the current Noun book value is around 27 ETH, or roughly $42,500, according to a Dune dashboard. Russian finance ministry to consider C.bank proposals on ...Ecosystem Currencies Wang further revealed that Sam Bankman-Fried lied in a tweet that FTX was “fine” despite knowing that the firm faced an $8 billion hole.

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On Saturday, Israelis woke up to a reality they thought they were familiar with: the sounds of alarms to take cover from rockets entering their skies. Quickly, social media showed that this round of fighting seemed different. Source: TradingViewThe Ethereum price has dipped by a very slight 0.2% in the past 24 hours, falling to $1,633 as the cryptocurrency market remains flat today.ETH has retreated slightly after another failed attempt to breach the $1,665 resistance level, with the altcoin down by 3% in the past week but up by 2.5% in the last 14 days.The token has also risen by 36.5% since the beginning of the year, and with the market recently showing signs that it may be moving towards a recovery, ETH remains one of the likeliest coins to bounce back soon enough.Ethereum Price Prediction as ETH Faces Uphill Task in October 2023 – Can the $1,665 Threshold Be Breached?While ETH has seesawed quite a bit in the past couple of weeks, its indicators are in a position that suggests it should rally substantially soon.Indeed, it's encouraging to note that its 30-day moving average (yellow) has been well below its 200-day average (blue) for over a month now, while its relative strength index (purple) is nearing 50 and pointing towards incoming gains.Source: TradingViewTaken together, the position of these indicators would imply not only that ETH has been oversold for too long, but that it's now due to rally strongly very soon.It certainly doesn't look as though it's going to fall significantly any more in the near future, with its support level (green) rising steadily since the middle of September.Of course, the question is whether it can breach its current near-term resistance level of around $1,665, something which it has failed to do in the past 24 hours.Likewise, its medium-term resistance level (red) of roughly $1,730 is another big barrier, but if ETH can crack this level it increases the chances of a significant rally.The arrival of such a rally may depend on an improving macroeconomic picture, with rising government bond yields hurting stock markets at the moment and correspondingly hurting crypto.Still, when the picture does improve, ETH is well placed to rally strongly, with the coin having some of the strongest fundamentals in the cryptocurrency market.Its total value locked in accounts for the vast bulk of the entire DeFi sector, particularly when you include its layer-two networks in the equation.It also attracts plenty of outside interest, with PayPal launching a stablecoin based on Ethereum recently and Visa including its network in its own stablecoin trials.As such, ETH remains highly undervalued and should be much higher in the longer run, with the coin likely to hit $2,000 by the end of the year.Other Altcoins With High PotentialFor traders who want to diversify beyond established tokens such as ETH, there are a number of promising new altcoins in the market right now, with several presale coins promising to rallying significantly once they list on trading platforms.This includes Bitcoin Minetrix (BTCMTX), a tokenized cloud mining platform that will enable ordinary investors to mine Bitcoin without specialized mining equipment.The project has already raised over $500,000 in its sale, which has been open for only a couple of weeks, and is aiming to raise a total of $15.6 million.It will likely hit this figure with time to spare, given that investors already seem drawn to its offer of enabling investors to mine actual Bitcoin by staking its native token, BTCMTX.Its system works by converting staked BTCMTX into tokenized mining credits, which are then used to purchase hashpower on the Bitcoin blockchain, thereby enabling users to indirectly mine BTC.Bitcoin Minetrix has arrived at a very opportune moment, given that Bitcoin is set for its next halving in 2024, meaning that demand for BTC is likely to increase even further enough.And by extension, this should result in greater demand for BTCMTX, which investors can acquire at a discount now by visiting the official Bitcoin Minetrix website.1 BTCMTX currently costs $0.011, yet this will rise with each stage of the presale, which will end with the token at $0.01190. Such a price is likely to end up seeming very cheap once BTCMTX lists on exchanges, which is due to happen once the sale ends in the next couple of months.Visit Bitcoin Minetrix 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.XRP Price Prediction as $1 Billion Pushes XRP Above $0.50 Resistance – Here's the Next Level to Watch Okcoin Cryptocurrency Exchange|Buy Bitcoin, Ethereum ...Allowing individuals and organizations to get started in bitcoin mining quickly. It eliminates the need for costly and sophisticated hardware configurations, as well as one’s energy consumption. In an Oct. 6 thread on X, the anonymous account NFT Ethics tagged OpenSea asking them to respond to its accusations that their former head of ventures Kevin Pawlak is linked to the pseudonymous identity “0xSisyphus" and was involved in "various dubious business dealings."

Another way to look for the cycle top is timing, whenever Bitcoin is in the period of topping for let’s say the 16-year cycle and we break below a swing-low, chances increase that a cycle top is in. This would then be invalidated by breaking back above that specific level, to re-claim this level. To view the period of a potential cycle top, one can have a look at the Bitcoin cycles progression bars. Once the yellow dot enters the red zone, it means that based on that specific cycle we are in the topping period. Again, it is important to mention that cycles can help to give a rough estimate of potential outcomes, they often don’t unfold very accurately and there is room On October 5, CryptoRank and DeFi TVL aggregator DeFiLlama shared an overview of the DeFi landscape, showing the top eight DeFi categories by TVL. Buy Steam Brazil Gift Cards Online-Email Delivery— Ordswap (@ordswap) October 10, 2023 As part of the announcement, two addresses were noted as being part of the alleged exist scam, including address 0x84f90, which had sold tokens, making an approximate profit of $56,000.

CITY token hovers near crucial support, with the potential for a rebound or further decline. The conflict in the Middle East has left countless individuals and families grappling with the aftermath, in desperate need of assistance. Ryan Selkis, renowned for his expertise in blockchain technology and cryptocurrency through his role at Messari, saw an opportunity to leverage his influence for a noble cause. His involvement in the crisis transcended mere philanthropy, as he chose to be physically present in the affected areas, forging a powerful connection with the people in dire straits. Over $18 Billion USDT Held In Binance, Bull Run Incoming?New Isolated Margin Pair: NTRN/USDT Payouts: Mining incentives are often dispersed to users in the form of bitcoin based on their share of total mining power. Depending on the contract terms, payments may be made daily, weekly, or monthly.

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