Bitcoin Price Prediction as $10 Billion Trading Volume ... - cyptoranking.com
Source: TradingViewThe PEPE price has dropped by 3% in the past 24 hours, with the meme token's fall to $0.000000719755 coming as the cryptocurrency market continues to weather losses incurred yesterday.PEPE remains up by 15% in the past fortnight, yet it's down by 12% in a month and by 83% since hitting an all-time high of $0.00000431 in early May, a few weeks after it had been launched.The meme coin's overall decline since this early peak would suggest that its time as a hot cryptocurrency is now over, yet it seems that whales continue to use it as a vehicle for their own short-term gains.This means that retail traders may be able to piggyback on whale-led rallies if they time their entries and exits right, but they could also just as easily get burned.Pepe Price Prediction as PEPE Falls Along with the Wider Crypto Market – Are Whales Manipulating Prices?PEPE did enjoy a little resurgence along with the rest of the market earlier this week, yet it seems that this has already died down, with the coin's indicators showing signs of weakness.Source: TradingViewAssuming that PEPE is likely to fall back down to its long-term support level (green), it may therefore dip to around $0.00000060 before stabilizing again.Such negativity is supported by its relative strength index (purple), which has begun falling towards 40 again after a period of semi-recovery, with the indicator able to fall further before the coin becomes decidedly oversold.Likewise, PEPE's 30-day moving average (yellow) has begun dipping slightly after looking like it could begin rising again, with the coin's price likely to fall below the indicator as its current selloff deepens.And given that PEPE has fallen consistently since its early-May peak, today's losses could continue in the coming few days.There's currently no indication that whales have took the opportunity to buy the dip today, with the last confirmed instance of whale accumulation falling on September 30.It's likely that the whales mentioned above still hold the PEPE they acquired on Saturday, meaning that they must expect a rebound to happen in the near future.However, retail traders should be aware that once such a rebound arrives, the whales are likely to dump their holdings onto the market, bringing PEPE down once again.This is the pattern that PEPE has exhibited throughout its still short existence, which perhaps isn't surprising in light of the fact that it's a total meme token with no real utility.As such, it could rebound to $0.00000080 in the coming days or weeks, before falling yet again.New Altcoins With FundamentalsFor any traders tired of pure meme tokens with no actual utility, there are some new cryptocurrencies in the market that offer good fundamentals.One of the most interesting of these is TG.Casino (TGC), an Ethereum-based casino platform that is aiming to merge the areas of social networking and online gaming/gambling.A strong sign of TG.Casino's appeal to investors is the fact that it has already raised nearly $400,000 in its presale, which has been open for barely a couple of weeks.On the one hand, TG.Casino will be an online gambling and gaming platform that will offer its users a wide selection of different games to play, giving them the chance to earn big rewards.On the other hand, TG.Casino will also operate a strong presence on Telegram, harnessing the popular social messaging app in order to serve large communities of users and investors.By having a presence on Telegram, TG.Casino is likely to grow faster than many of its rivals and will also be able to make use of significant network effects.This hybrid approach to running an online gaming platform is likely to give TG.Casino the edge in what is a busy market, and it does seem that investors are already being drawn towards the platform.They've also been drawn towards the fact that TG.Casino has already launched, in contrast to many other presale tokens.As a token, TGC will have a of 100 million, with 40% of this going to the presale, 20% going to staking rewards and 10% to gaming rewards, making the cryptocurrency highly distributed.The token can also be used for staking, with new investors able to buy some by going to the official TG.Casino website.1 TGC will cost $0.125 for the entirety of the sale, yet it could easily rise much higher once it lists on exchanges in the next few weeks.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.Terra Luna Classic Price Prediction as LUNC Falls to 100th Place in Coin Rankings – Is It All Over? Routed transactions are transactions that involve more than two nodes, which means that the aforementioned numbers could be much higher, as pointed out by Sam Wouters, research analyst for River and author of today’s report, who said the figures “come as a shock.” So much so, that he had to run the numbers “many times,” validating the calculations with external parties. Bitcoin Price Prediction as $10 Billion Trading Volume ...Before we get into Hong Kong's strategy, it's important to understand what retail stablecoins are and why they've gained traction in the realm of digital finance. Retail stablecoins are cryptocurrencies that are tied to a reserve of assets, often traditional currencies such as the US dollar or the Euro. Overseas Visitors’ Digital Yuan ‘Uptake Rising’ – and More Chinese Now Paid in CBDC
When one is planning to buy MATIC, they would like to know about the advantages and the disadvantages of MATIC. XRP’s dip sparks arguments about Ripple’s limited escrow XRP sales strategy. Gate.io: Buy/Sell Bitcoin, Ethereum|Cryptocurrency ExchangeThe retail sector drove volume in DeFi’s early days, Larsen explains, but was caught in an “unsustainable transaction fee environment” that “put a damper on adoption” just as broader attention turned to the nascent technology. Mixin’s $200 million breach now stands among the biggest crypto hacks this year and makes it one of the all-time largest, following notable incidents like the Ronin Network, Poly Network and BNB Bridge hacks.Upbit briefly suspends Aptos withdrawals following security incident
Despite its touted benefits, blockchain hosting still has glaring shortcomings that may hamper its widespread adoption in the immediate future. Numerous Israeli banks and regulators have stepped in to assist with the flow of these crypto donations. According to a source close to the initiative, for the first time, these banks will most likely provide a bridge to move those crypto assets to the banks. Telegram to Build Decentralized Crypto Exchanges, CEO SaysImage Source: PixabayA rapidly growing decentralized Twitter competitor, Nostr, is collaborating with Zebedee to design a new social media. This move would enable interoperability between Zebedee's ZBD app and Nostr apps. Zebedee is a New Jersey-based video game payment platform with over one million Bitcoin wallets, supported by a $46.5 million VC fund. Nostr protocol’s innovation allows users to send each other small tips tagged zaps (tiny fragments of bitcoin) instead of the traditional social media content “likes.”Introducing Zebedee’s Nostr-powered Innovative Decentralized Social App The latest partnership allowed Zebedee to move its ZBD application to Nostr, enabling users to seamlessly move from the app to other apps available on Nostr. The new development introduces a different concept from the conventional social media nitty-gritty. Unlike the conventional social media networks that control user identities, ZBD integration with the open-source Nostr protocol underscores decentralization. It could also increase ZBD app adoption since it potentially allows 18 million registered Nostr users to join the app.In a statement, Andre Neves, CTO and co-founder of Zebedee, said: "The ZBD app is now a Nostr client with full capabilities.”According to reports, Twitter’s estimated value has reduced since Elon Musk acquired it for $44 billion in October 2022. As a Twitter competitor, Nostr's ability to allow users to send Bitcoin from one social app to another, including their identities and followers, gives it a competitive edge. As such, Nostra could be at the center of attraction for unsatisfied Twitter users. "Zaps are inherently part of the social experience here. So individuals can support their content creators," added Neves. “It's no longer just an influencer's game. You can support and receive support from anyone, anywhere, because this is the Nostr protocol. It works across other apps as well as Zebedee,” he saidZBD App Already Gaining Traction Zebedee started in 2019 as a platform that helps video game developers pay small amounts of Bitcoin to their users. The firm has 70 employees with 220 developers who build apps that support Bitcoin transactions using the Lightning Network.Among the early ZBD users are music streaming service provider Wavlake, Podcasting platform Fountain, and soon-to-launch music streaming app, Gesso. Notably, Gesso will allow its followers to earn Bitcoin by listening to music and podcasts. The new ZBD social app is already gaining traction among top industry players, including Fumb Games. Paul West, CEO of Fumb Games, a UK-based gaming company with 100,000 Discord followers, commented on the development. West said building with ZBD will pay off since his company can take any followers he gets on the app to competitors in the future. It is worth noting that Fumb Games partnered with Zebedee in April 2022 to add real Bitcoin rewards to its Bitcoin Miner game.Fitness App Sweat Economy to Decide Fate of 2.5 Billion Abandoned Tokens ETH is worth $1,572 at time of writing, down 5% in the last week.
At the relayer network, we now have four entities — two in the US, two in Europe — that relay 93% of all the blocks on Ethereum. There’s no explicit economic incentive, therefore there are implicit economic incentives that are opaque. There are all sorts of economic incentives to do things like colocation and there’s all sorts of backroom deals that are possible and may even be happening right now. The network is much more centralized than folks realize and is on a trend to become more centralized. It’s going in the wrong direction, and hey, Blocknative exiting, we can decide if this is a good or a bad thing or if it’s a non event, but there’s no question it’s now more centralized this week than it was last week. The ultimate goal, according to Tonk, is to move beyond a user base that is only motivated by quick profits. In turn, the hope is to provide the sector with a much-needed boost of credibility.Legal dispute around Milady NFTs accelerates with Delaware countersuit What is a Lot in Forex?But high volume and high speed are two desirable characteristics that rarely find themselves overlapping in the same Venn diagram as blockchain tech. General Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.What Is an Initial Coin Offering (ICO): A Complete Guide
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