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2024-05-02

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Pudgy Penguins NFT Launches Toys in 2,000 Walmart Stores, Trading Volume Surges by 530% Dappicom functions as a Zero-Knowledge Virtual Machine (ZKVM) and is compatible with the MOS 6502 instruction set, a low-cost 8-bit microprocessor introduced in 1975 that became widely popular in numerous computing platforms, including NES. The ZKVM also incorporates elements of Rust programming. Buy Tether (USDT) with Credit Card and P2P— CleanSpark Inc. (@CleanSpark_Inc) October 3, 2023 We know that EigenLayer is a middleware protocol that allows for restaking. Explain to us what EigenLayer's Ethereum restaking platform is designed to do and what benefits it offers the user.

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The Boon Bankman-Fried drafted the thread only two months before FTX's collapse while deliberating on the future of the trading firm he co-founded. According to testimony from FTX co-founder Gary Wang, Bankman-Fried was nervous ahead of the publication of an article which would show close ties between FTX and Alameda Research. Cities in Germany that accept BitcoinHow Axie Infinity (AXS) Has Changed the GameFi Landscape The Merge, a much-anticipated Ethereum upgrade, has already marked its influence on the ETH / BTC valuation. Ethereum’s weekly charts have been in a continuous downtrend following its implementation, creating further lows.

This can result in increased strain on independent service operators (ISOs) like ERCOT. But this strain is placed on ERCOT only when the individual power generation and distribution operators are not properly prepared. I do not know how well prepared the ERCOT grid has gotten since Winter Storm Uri, but with the continued complications in shipping and fulfillment of late, I would say it’s safest to assume that not all will be prepared for a potentially bitter winter to come. Meaning that ISOs like ERCOT should be preparing strategies now to have power redistribution ready where and when it is needed to avoid the catastrophes that follow an abnormal winter weather event on an unprepared grid. 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. Ethereum Price Prediction: ETH Price To Reach $2k In May, Tradecurve Price To 10XThough Zhao anticipated a minimum of $1 billion to be invested by industry giants, no more than $30 million was raised. Furthermore, Ethereum has pointed out that they allow developer-friendly languages such as Solidity and Vyper for writing smart contracts. Reports also mentioned that Ethereum’s language is “Turing-complete,” meaning it can support a broader range of programs and run it, making it flexible and reducing the limits for programmers.

Bitcoin’s volatility has increased over the past few days. The price soared on Aug. 29 after Grayscale scored a victory over the United States Securities and Exchange Commission (SEC). However, the euphoria was short-lived, as the price gave back all the recent gains on the news that the SEC delayed the decision on all seven spot Bitcoin (BTC) exchange-traded fund (ETF) applications. News related to Bitcoin ETFs has been the major trigger for the markets in the past few days. Bloomberg ETF analysts remain upbeat over the possibility of the ETFs being approved by the regulator in 2023. In an Aug. 30 post on X (formerly Twitter), Bloomberg senior ETF analyst Eric Balchunas bumped up the approval possibility of a spot Bitcoin ETF from 65% to 75%.Daily cryptocurrency market performance. Source: Coin360In the near term, the bulls face an uphill battle, as September has traditionally favored the bears. According to CoinGlass data, Bitcoin has seen negative returns in September for the past six years. Will the trend continue in 2023?The weakness in Bitcoin is affecting several major altcoins, which have dropped close to their strong support levels. Will the decline extend further, or is it time for a bounce to happen? Let’s study the charts of the top 10 cryptocurrencies to find out.Bitcoin price analysisThe bulls failed to defend the 20-day exponential moving average (EMA) of $26,947 on Aug. 31. That started a sell-off, which pulled Bitcoin below the breakout level of $26,833.BTC/USDT daily chart. Source: TradingViewThe price action of the past few days shows that the BTC/USDT pair has been oscillating inside the large range between $24,800 and $31,000. Typically, traders buy the dips to the support of the range and sell near the resistance. The same is expected from the bulls at $24,800.If bears want to seize control, they will have to sink and sustain the price below $24,800. If that happens, the pair may extend the fall to $19,500. There is a minor support at $24,000, but that may not hold for long.Ether price analysisEther’s (ETH) rebound off the strong support at $1,626 fizzled out at $1,745 on Aug. 29. This indicates that bears remain active at higher levels.ETH/USDT daily chart. Source: TradingViewThe bears will try to build upon their advantage by pulling the price below the $1,626 to $1,550 support zone. If they are successful, it will signal the start of a new downtrend. The ETH/USDT pair could then nosedive to the next formidable support at $1,368.Alternatively, if the price sharply rebounds off the current level, it will indicate that the bulls are fiercely defending the support. That could drive the price to the 20-day EMA ($1,702) and subsequently to $1,745, which may act as a resistance. BNB price analysisBNB’s (BNB) recovery halted at the 50-day simple moving average (SMA) of $234 on Aug. 29, and the bears yanked the price below the important support at $220 on Aug. 31.BNB/USDT daily chart. Source: TradingViewThe moving averages are sloping down and the relative strength index (RSI) is in the negative territory, indicating that bears have the upper hand. The bears will try to sink the price to the psychological support at $200. If this level collapses, the BNB/USDT pair could reach the next major support at $183.If bulls want to start a relief rally, they will have to push the price back above the 20-day EMA ($222). The pair could then climb to the 50-day SMA and later to the resistance line.XRP price analysisThe long tail on XRP’s (XRP) Aug. 31 candlestick shows that the bulls are trying to protect the support at $0.50. However, the price action on Sep. 1 shows that the bears are keeping up the pressure.XRP/USDT daily chart. Source: TradingViewIf the price plunges below $0.50, it will suggest that bears are back in control. That could start a downward move to the formidable support at $0.41. The bulls are likely to defend this level with vigor. A bounce off the support could keep the XRP/USDT pair range-bound between $0.41 and $0.56 for some more time.If the price rebounds off $0.50, it will suggest that the pair may attempt a rally to $0.56. The bulls will have to overcome this roadblock to start a new up move to $0.63 and thereafter to $0.73. Cardano price analysisCardano (ADA) has been range-bound between $0.24 and $0.28 for the past several days. The bulls kicked the price above the range on Aug. 29 but could not sustain the higher levels.ADA/USDT daily chart. Source: TradingViewThat may have tempted the short-term bulls to bail out of their positions. The selling picked up further, and the price slipped below the uptrend line on Aug. 31. The bears will next try to sink the ADA/USDT pair below the vital support at $0.24.If the price rebounds off $0.24, the pair may continue to consolidate inside the range for a while longer. On the contrary, if the price dips below $0.24, it will signal the start of a down move to $0.22 and eventually to $0.20.Dogecoin price analysisThe bulls are struggling to start a recovery in Dogecoin (DOGE), indicating that demand dries up at higher levels. DOGE/USDT daily chart. Source: TradingViewThe DOGE/USDT pair could dip to the solid support at $0.06. Buyers are expected to defend this level with all their might because a break below it may resume the downtrend. The pair could first skid to $0.055 and then to the final support near $0.05.On the contrary, if the price rebounds off $0.06, it will signal that the bulls are buying the dips to this level. The bulls will then again try to overcome the obstacle at the 20-day EMA. If they succeed, the pair may surge to $0.08.Solana price analysisSolana (SOL) returned from the 20-day EMA ($21.37) on Aug. 30, which shows that bears remain in command. The price has reached the vital support at $19.35. SOL/USDT daily chart. Source: TradingViewThe 20-day EMA is sloping down and the RSI is in the negative zone, indicating that the path of least resistance is to the downside. If the $19.35 support gives way, the selling could intensify and the SOL/USDT pair may slide to $18.Time is running out for the bulls. If they want to start a recovery, they will have to quickly shove the price above the overhead resistance at $22.30. If they do that, the pair may soar toward $26. The 50-day SMA ($23.42) may act as a hurdle, but it is likely to be crossed.Related: Bitcoin lines up RSI showdown as BTC price slips toward new 2-week lowToncoin price analysisToncoin (TON) is in a strong uptrend. The bears tried to stall the rally near $1.77, but the bulls did not give up much ground. That shows that the bulls are in no hurry to book profits.TON/USDT daily chart. Source: TradingViewBuying resumed on Sep. 1, and the TON/USDT pair reached the pattern target of $1.91. If buyers scale this level, the upmove may continue and the pair may skyrocket to $2.38. This level may witness profit-booking by the traders.This bullish view will be invalidated if the price turns down and breaks below $1.66. Such a move will suggest aggressive selling at higher levels. That could then sink the pair to the breakout level of $1.53.Polkadot price analysisPolkadot (DOT) turned down from the 20-day EMA ($4.56) on Aug. 30, indicating that the sentiment remains negative and traders are selling on rallies.DOT/USDT daily chart. Source: TradingViewThe selling picked up further on Aug. 31, and the DOT/USDT pair dropped to the vital support at $4.22. This level is likely to witness a battle between the bulls and the bears. If the price plummets below $4.22, the pair could start the next leg of the downtrend to $4.Buyers have their task cut out. If they want to make a comeback, they will have to quickly drive and sustain the price above the 20-day EMA. If they manage to do that, the pair could surge to the overhead resistance at $5.Polygon price analysisPolygon’s (MATIC) failure to maintain above the 20-day EMA ($0.58) on Aug. 29 may have attracted profit-booking from short-term traders. The bulls tried to push the price back above the 20-day EMA on Aug. 30 and 31, but the bears held their ground.MATIC/USDT daily chart. Source: TradingViewThe bears will try to strengthen their position by pulling the price below the immediate support at $0.53. If they can pull it off, the MATIC/USDT pair may slump to the crucial support at $0.51.If the price turns up from the current level, it is likely to face selling at the 20-day EMA and again at the 50-day SMA ($0.66). On the other hand, a break below $0.51 could resume the downtrend. The next support is at $0.45.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. “9 minutes into Lex / Mark metaverse podcast I forgot I was watching avatars,” wrote coder Jelle Prins. South Korea finds more suspicious crypto-linked foreign exchange transactionsIn response, 3Commas said it has modified its password reset process. The platform claims to have now instituted a policy where all API connections are disabled following a password reset — intended to act as an added security layer. Upbit Crypto Exchange Attacks Surge

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