Tether Will No Longer be Available For Canadian Crypto.com Users - cyptoranking.com

2024-04-30

Popular crypto exchanges(2023 Update) 2024-04-30
Image: cyptoranking.com

The company is “focused on extending our runway so that we have ample opportunity to pursue our Real-Time Observability thesis,” Cutler told CoinDesk in an email. For the initial rollout, Buenos Aires citizens will need to complete the existing biometric know-your-customer procedures for identity verification to create a QuarkID wallet. Tether Will No Longer be Available For Canadian Crypto.com UsersAt the time, Stars Arena claimed it was at “war” with the “malicious actors” seeking to abscond with its users’ assets. The project further stated that it was ready to protect its platform and touted its security strength, Herman Narula, Improbable founder, said last year that he expected the company to be profitable in 2023.

Exchange Rankings Crypto
Image: cyptoranking.com

While the raw hashrate chart indicates that the Bitcoin network is very healthy and becoming more secure over time, there are some concerns about the dominance of the largest Bitcoin mining pools. He fears crypto companies might leave the business if they fail to raise new funds. Le said: ccxt-documentationMarket Dynamics And Trading Volume The Zero-Knowledge Proof technology still continues to be a newly advanced tech with the passing of time. Many experts have started to see the utility value of zero-knowledge proof as various projects have implemented them in their operations. With the power of enhancing speed and security, the applications and the possibilities of zero-knowledge technology are also endless.

These requests come in response to the IRS’s proposed regulations for tax reporting of cryptocurrency, non-fungible tokens (NFTs), and other digital assets, which were unveiled in August 2023. The United States’ equities markets are on a recovery path. The S&P 500 Index (SPX) surged 2.50% last week to record its best week since June. Even though Bitcoin (BTC) also attempted a relief rally, the bulls could not sustain the higher levels. In the end, Bitcoin finished the week with a marginal loss of 0.5%.One of the main reasons Bitcoin gave back its gains was because the Securities and Exchange Commission delayed its decision on all spot Bitcoin exchange-traded fund (ETF) applications. However, this has not dented the expectations of analysts. In a recent note, JPMorgan analysts said that the regulator will eventually approve several Bitcoin ETFs.Daily cryptocurrency market performance. Source: Coin360The short-term price action in Bitcoin remains in flux, but that has not deterred the long-term investors who have held onto their stockpile. Glassnode data shows that the currently mined supply dormant for three years or more has hit a new high of 40.538%.Could Bitcoin break out of its range in the next few days? What are the important levels to watch out for? Let’s analyze the charts to find out.S&P 500 index price analysisThe S&P 500 index broke above the moving averages on Aug. 29, indicating that bulls have started a strong relief rally. SPX daily chart. Source: TradingViewIf buyers sustain the price above the moving averages, it will suggest that the sentiment remains positive and traders are buying on minor dips. That will enhance the prospects of a rally above the overhead resistance at 4,607. If this level is conquered, the index will try to rise to 4,650 and subsequently to 4,800.Resuming the uptrend is likely to be a difficult task, as the bears will try to yank the price below the moving averages. If they do that, the pair may slump to the strong support at 4,325. The bears will have to break this level to start a new downtrend. U.S. Dollar Index price analysisThe U.S. Dollar Index (DXY) bounced off the downtrend line on Aug. 30 and 31, indicating that the bulls have flipped the level into support.DXY daily chart. Source: TradingViewThe bulls will next try to propel the price above 104.45 and start a rally to the overhead resistance at 106. This level is likely to witness aggressive selling by the bears because a break above it will indicate that the downtrend may be over. The index could then rise to 108. The important support to watch for on the downside is the downtrend line. If this support crumbles, the index may descend to the 50-day simple moving average (SMA) (102.41) and eventually to the critical support at 100.82. Bitcoin price analysisBitcoin is trading near the support of the large range between $24,800 and $31,000. When the price trades inside a range, bulls generally purchase the drop near the support and sell close to the resistance.BTC/USDT daily chart. Source: TradingViewThe $24,800 level will witness an intense battle between the bulls and the bears. If this level gives way, the selling is likely to accelerate, and the BTC/USDT pair could nosedive to the crucial support at $20,000. There is a minor support at $24,000, but it may not hold for long. Another possibility is that the price turns up from the current level. If bulls surmount the barrier at $26,833, the pair could accelerate to the 50-day SMA ($28,221). Such a move will suggest that the pair may extend its stay inside the $24,800–$31,000 range for even longer. Ether price analysisEther (ETH) dipped below the strong support at $1,626 on Sept. 1, but the long tail on the candlestick shows solid buying at lower levels.ETH/USDT daily chart. Source: TradingViewThe bulls are trying to salvage the situation but are struggling to start a rebound. This suggests a lack of demand at higher levels. Both moving averages are sloping down, and the RSI is in negative territory, indicating that the bears remain in command.If sellers drag the price below $1,600, the ETH/USDT pair could dive to the Aug. 17 intraday low of $1,550. This is the pivot level in the near term because a fall below it may open the gates for a decline to $1,368.The first sign of strength will be a break above the 20-day exponential moving average (EMA) ($1,684). The pair could then rise to the overhead resistance at $1,750.BNB price analysisBNB (BNB) has been trading below the breakdown level of $220 for the past few days, but the bears have not been able to build upon their advantage. BNB/USDT daily chart. Source: TradingViewThe failure to sink the price below the psychological level of $200 could embolden the bulls who will try to start a recovery. The first hurdle on the upside is at $220 and then at the resistance line. Buyers will have to thrust the price above the resistance line to indicate that the downtrend may be ending.Contrarily, if the price turns down and breaks below $200, it will suggest the start of the next leg of the downtrend. The BNB/USDT pair then risks sliding to the next major support at $183. XRP price analysisThe bears yanked XRP (XRP) price below $0.50 on Sept. 1, but they could not sustain the lower levels, as seen from the long tail on the day’s candlestick. XRP/USDT daily chart. Source: TradingViewThe bears kept up the pressure and have not allowed the bulls to start a strong rebound off the $0.50 level. This increases the possibility of a downside break. If that happens, the XRP/USDT pair is in danger of plunging to $0.41.Contrary to this assumption, if the price turns up from the current level and breaks above the 20-day EMA ($0.53), it will signal that the bulls are attempting a comeback. The pair may then shoot up to $0.56. Buyers will have to overcome this barrier to indicate the start of a new up-move to $0.65.Cardano price analysis Cardano’s ADA (ADA) has been consolidating between $0.24 and $0.28 for the past few days, indicating indecision between the bulls and the bears.ADA/USDT daily chart. Source: TradingViewThe downsloping 20-day EMA ($0.26) and the RSI below 38 suggest a slight advantage to the bears. If the price turns down from the 20-day EMA, the likelihood of a drop to $0.24 increases. A break below this level may start the next leg of the downtrend to $0.22 and subsequently to $0.20.Contrarily, if bulls push the price above the 20-day EMA, the ADA/USDT pair could challenge the resistance at the 50-day SMA ($0.28). If this level is scaled, the pair is likely to rise to $0.32.Related: Bitcoin ETF applications: Who is filing and when the SEC may decideDogecoin price analysisBuyers tried to push Dogecoin (DOGE) above the 20-day EMA ($0.07) on Sept. 2, but the bears held their ground. DOGE/USDT daily chart. Source: TradingViewThat keeps the DOGE/USDT pair stuck between the 20-day EMA and the important support at $0.06. The downsloping 20-day EMA and the RSI in the negative zone indicate an advantage to sellers. If the price breaks below $0.06, the selling could intensify, and the pair may plummet to the next support at $0.055.If bulls want to prevent the decline, they will have to quickly drive the price above the 20-day EMA. If they succeed, the pair can jump to the 50-day SMA ($0.07) and later surge to $0.08.Solana price analysisSolana’s SOL (SOL) is in a strong corrective phase. Buyers are trying to start a relief rally, but it is likely to face selling at the downtrend line.SOL/USDT daily chart. Source: TradingViewIf the price turns down sharply from the current level or the downtrend line, it will suggest that the sentiment remains negative and traders are selling on rallies. That may pull the price to $18.32 and thereafter to $16.This negative view could be invalidated in the near term if bulls kick the price above the downtrend line. The SOL/USDT pair can then attempt a rally to $22.30, where the bears will likely mount a strong defense.Toncoin price analysisToncoin’s (TON) rally has stalled near the overhead resistance at $2.07, but a minor positive is that the bulls have not ceded much ground to the bears. This suggests that the bulls are holding on to their positions. TON/USDT daily chart. Source: TradingViewThe overbought levels on the RSI suggest a possible correction or consolidation in the near term. The important support to watch on the downside is the 20-day EMA ($1.61) because a break below it could drag the price to $1.53 and later to the 50-day SMA ($1.40).On the upside, the bulls will have to clear the hurdle at $2.07. If they manage to do that, the TON/USDT pair could indicate the resumption of the uptrend. The pair may then attempt a rally to the $2.40–$2.60 overhead zone. This 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. What is an order book?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 Amazon Is Giving Away Free Gaming NFTs—Here's How to Claim

Hayes cites the nearly-predictable response of the United States government rushing in to intervene in every economic crisis with a bail out as a key catalyst behind the structural problems in the US economy. Solana Price Prediction as New Blockchain Update Provides Native Support for Private Transactions – Time to Buy? Which coin will explode in 2025?“This retained interest in NFTs in the UAE offers businesses the opportunity to grow past the hype and start to introduce practical use cases based on this technology,” Grauer said.Bernstein analysts eye potential bitcoin ETF approval by ‘early 2024’ What is the CryptoNight algorithm?

Have an opinion on this story? Share it!