Top 5 Decentralized Exchanges on Arbitrum: The Future of ... - cyptoranking.com

2024-05-04

Popular crypto exchanges(2023 Update) 2024-05-04
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Supply and Demand: The primary driver of a token’s value remains the interplay between supply and demand. A surge in SHIB demand coupled with diminished supply due to burning can amplify the token’s allure and price. DATEPRICEMay 31, 2020(Polygon’s Mainnet Launch)$0.02052June 5, 2020 (Listing on Binance US)$0.0207 January 31, 2022 (Matic Network foundation nodes shutdown)$0.03828Dec 28, 2021 (MATIC’s All-time High)$2.72June 19, 2021$0.3466Nov 6, 2022$1.14 Top 5 Decentralized Exchanges on Arbitrum: The Future of ...The suspected robbers appear to have attempted to throw investigators off the scent by “spreading” the funds “across several crypto wallets.” Lee said that NHN chose Sui for its upcoming NFT and crypto games because it wants to build on a layer-1 blockchain—and Mysten Labs, the main developer behind Sui, immediately understood NHN’s long-term vision for crypto gaming.

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“I think the most likely outcome is for Ethereum to drop below $1,200 within the next two and a half months and I mean it could certainly go lower.” Now, the firm plans to develop digital board games that leverage NFTs. How to Buy Bitcoin in Italy-5 Best Exchanges Reviewed ...Binance Played a Crucial Role in Israel's Historic Counterterrorism Effort Against Iran and Hezbollah March was the best year in registrations, with 401 new metaverse trademarks. The rest of 2023’s months floated between 265 to 296 applications but with a visible downtrend in the last few months.

Maker Crypto price took the reversal from the high of $1599 and showcased bearishness on the daily chart. MKR key indicators RSI and MACD are indicating bearishness in the trend. However, the long-term trend is positive and probably it will rebound soon by taking support from the key EMAs. “You can now add a 2FA password to your Friend.tech account for additional protection if your cell carrier or email service becomes compromised,” it said on October 10. How big will Bitcoin be in 10 years?Disclaimer: The following article is part of Cryptonews Deals Series and was written as a promotional article in collaboration with the sponsor of this offer. If your company has an exclusive promotion that you would like to share with our readers, we invite you to reach out to us. Let’s build together.Covesting, PrimeXBT's copy-trading module, is partnering with KuCoin to give the community a chance to win a cool $50,000! This is a trading competition that will end on September 21, 2022. Covesting : copy-trading moduleFirst, a word about Covesting: In 2020, PrimeXBT launched Covesting, its copy trading module. Soon after, the platform integrated its utility token, the $COV. Covesting is a module that allows copy trading, that is, the possibility for users of the site, especially less experienced traders, to literally copy the trading strategies of professional or very experienced traders. It should be noted that with this system, everyone can benefit. On the one hand, novice users can learn by mimicking the winning strategies of the most successful traders and thus generate profits. On the other hand, the traders with the best results earn a share of the commissions of those who follow them and adopt the trading strategies they have developed.The $COV: the indispensable utility token The COV token is an ERC-20 token built on Ethereum blockchain (ETH) smart contracts. It was explicitly designed for use via the Covesting copy trading module. In particular, strategy managers can reduce their trading costs by up to 25% per month by paying a fixed amount of COV tokens. Please note that the rate reduction and the activation fee may change, so it is important to check the latest information on the offers listed in the Covesting module's COV token dashboard on PrimeXBT.Another benefit of owning COV is that the token is regularly burned, which reduces the overall supply and therefore increases its value over the long term. Three ways to win bigThere's a lot to gain from this joint promotional campaign. Here are three ways to earn COV in three activities.There's a lot to gain from this joint promotional campaign. Here are three ways to earn VOC in three activities.Activity #1: KuCoin will hold a draw for users whose transaction amounts (purchases + sales) reach 500 COV or more. No less than 500 lucky users will share the $5,000 COV prize pool. Each winning user will receive $10 in COV.Activity #2: During the campaign period, the first 100 accounts with the highest volume of COV trading (purchases + sales) on KuCoin will win a share of a COV prize pool worth $35,000.Activity #3: Users who reach 800 COV transactions (purchases + sales) and add COV/USDT, COV/BTC and COV/ETH trading pairs to their favourites list will share equally in a COV prize pool worth $10,000!You will find all the details of the offer on this page. Good luck!This article is promotional content and does not constitute investment advice. Do your own research and only invest money you can afford to lose.Crypto Whales are Accumulating This Lesser Known Crypto – Here's Why As mentioned, margin trading gives the potential for large profits within a short period and allows traders to establish bigger positions with less capital. More so, this method provides traders with a way to make a successful trade even during small market fluctuations. Margin also enables traders to store fewer cryptocurrencies on an exchange.

Manifold Finance says that the transition to this new auction system will lay the foundation necessary to support advanced applications related to priority-sensitive transactions and multi-slot bidding for block builders. 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. Buy and Sell Bitcoin, Ethereum & Tether in South AfricaImage from PixabayFollowing the Securities and Exchanges Commission (SEC) lawsuit, US-based crypto exchange, Coinbase, has received multiple Show Cause orders from US states. The Alabama Securities and Exchange Commission (ASC), alongside ten other US states, filed charges against Coinbase for violating securities laws.States that joined the multi-state task force include Kentucky, Illinois, California, South Carolina, Washington, Vermont, Maryland, Wisconsin, New Jersey, and Alabama.Coinbase Has 28 days To Prove Why It Shouldn’t Cease Operating In 11 US States.In a June 6 press release, the SEC announced it sued Coinbase for operating as an unregistered securities exchange, broker, and clearing agency. The watchdog alleged that the crypto exchange violated securities laws by offering several digital assets not duly registered under the Securities Exchange Act of 1934 and 1933.The SEC has filed its complaint in the US District Court for the Southern District of New York, seeking injunctive relief, disgorgement of ill-gotten gains plus interest, penalties, and other equitable relief.In the press release, the SEC also recognized the assistance from the multi-state task force of ten state securities regulators led by California. According to the state regulators, Coinbase operated some staking programs for residents in the eleven states without registering the underlying cryptocurrencies under US laws.Alabama State Securities (ASC) officials said they did not prohibit Coinbase and other firms from offering staking services. However, they must comply with state laws.The multiple Sow Cause Orders gave Coinbase a 28-day mandate to say why it should not cease trading crypto in the states. That means Coinbase must prove with reasonable facts that its offerings are not unregistered securities. Failure to do so, Coinbase will have to cease operating in the states.Committed To Protecting US CustomersDirector of the ASC, Amanda Senn, said the state regulator is: “committed to protecting Alabama consumers and investors, including those who chose to invest in the decentralized finance space.”In addition, the director noted that the agencies’ action is another step toward ensuring that crypto investors have the same protection under US laws. The California Department of Financial Protection and Innovation (DFPI) provided factual background for their accusations against the exchange. According to the DFPI's estimates, Coinbase has been offering and selling unregistered securities since November 2019.The cryptocurrency market was already under fire from the SEC’s lawsuit against Binance and its CEO on June 5 for violating US securities laws. Even more disturbing is the SEC’s long list of crypto assets offered on Coinbase, which the regulated tagged as "unregistered securities" offerings. After news of the lawsuit broke out on June 6, Nasdaq-listed Coinbase shares (COIN) declined over 12% and closed at $51.61 against the June 5 closing price of 58.705. However, its price has recovered slightly by 2.88% and now trades at $53.09.JP Morgan Chase Files Trademark for Finance-Themed Chatbot in US Similarly, another XRP enthusiast, Julian Williams, contended that even if Ripple were to liquidate its monthly XRP escrow allotments entirely, critics would still accuse the company of “dumping” XRP.

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