Decentralized cryptocurrency exchange - cyptoranking.com

2024-04-26

Popular crypto exchanges(2023 Update) 2024-04-26
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It's also worth noting that while some countries are in the advanced stages of launching a CBDC, each nation has its own set of economic conditions, regulatory environments, and technological readiness that influence the speed of adoption. The Australian CBDC pilot was focused on wholesale financial products as the Government has heavily invested in retail real-time payment systems. Whereas in the UK, Europe and China, the CBDC programs have been focused on retail sectors. Meme coins have carved out an exclusive niche for themselves in the world of cryptocurrencies. They've captured the imagination of investors, traders, and the wider crypto community, proving that sometimes, a little humor and creativity can go a long way in the blockchain space. Decentralized cryptocurrency exchangeUsing Ucams as an example, security providers will be able to share insights on home invasions with a security firm without having to show the security firm the actual images of their client’s homes, IoTeX said. zkFlex Finance was said to promote DeFi innovation with liquidity rewards, lending and ecosystem support as a P2P order book exchange that focused on security and scalability.

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The introduction of ether futures ETFs might reduce market volatility, but could also dampen ether’s performance potential. Bloomberg Intelligence analysts suggest that such a trend typically emerges as an asset class matures. 7. Bear CME Returns to Second Place in Latest Rankings of Bitcoin Futures ExchangesRPL’s volatility remained low, indicating the viability of major price fluctuations. Check Out the 9 Best AI Crypto Trading Bots to Maximize Your Profits

The Bitcoin mining industry witnessed a diverse range of results in September, with Marathon Digital, Riot Platforms, and CleanSpark standing out with significant production increases, bolstering their share prices and reinforcing their positions in the crypto-mining market.Bitcoin miners Marathon, Riot, CleanSpark increase BTC output in September There are three days to go before Wall Street Memes, one of 2023’s biggest crypto presales, launches on exchanges, and Binance could be among the tier 1 trading venues being targeted. $WSM coin is at the center of a plan to monetize the meme stocks movement and bring that energy to crypto. With a one million-strong social community of financially switched-on individuals behind it, a community that Elon Musk interacts with, the opportunity to turn investments of hundreds of dollars into millions has been too good to pass up for many.According to the Wall Street Memes website, in three days, the first tier 1 centralized exchange (CEX) listings will take place, and it is thought that at least two of them are ranked in the top 10 globally. Sources suggest Binance might be listing Wall Street Memes token next weekBut today an inside source has let it slip that the world’s largest crypto exchange, Binance, might possibly be listing the coin.As crypto trading volumes touch multi-year lows, centralized exchanges are competing fiercely for market share. Binance, at one stage, looked like it would be one of the winners of the crypto winter when it grabbed a market share of as much as 65% earlier this year.However, over the past few months, Binance’s regulatory woes have mounted. Trading activity on its Binance.US exchange has been badly hit. Its global business wasn’t helped either when it ended fee-free trading in Bitcoin.Although Binance is hardly about to collapse, despite what FUDsters might claim, it is nevertheless eager to hoover up trading volume in new upcoming trending coins that can generate substantial trading fee revenues for it. Tokens like $WSM fit the bill. A lot of action has also been migrating to decentralized exchanges such as Uniswap, as some retail investors steer away from the risks associated with trading on centralized exchanges (CEXs) in light of the FTX collapse. Still, the CEXs are easier to use and much cheaper to trade on than Ethereum-based Uniswap, so despite its local difficulties, Binance is still the top dog.Why $WSM could pump 10x as Pepe did on Binance listing newsAnyone doubting whether Binance still holds significant sway over the market for new altcoins should consider the PEPE listing.Pepe exploded onto the crypto scene five months ago and was listed on Binance on 5th May. In the week before the listing, the price of the coin increased by nearly 1,000%, as can be seen in the chart below:Even if Binance isn’t the first of the tier 1 exchanges to list $WSM, a coin from a community that has the world’s richest man interacting with it is sure to be on its radar.Although there are three days until the first listings are announced (26 September), the Wall Street Meme’s presale is still open, and is available at what could be its lowest-ever price, $0.0337.If the $WSM price pumps 10x at launch, a $10,000 investment will be worth $100,000. Bearing in mind the Binance effect in the case of PEPE, such a projection is well within bounds.But the Wall Street Memes team states on its website that a plurality of top exchanges will be listing the coin, by using the words “multiple tier 1 exchanges”. So whichever exchanges are in the mix next week, token holders can look forward to market-moving news flow. What is Wall Street Memes?Wall Street Memes grew out of the meme stocks craze at the height of the Covid pandemic. For those that need reminding, in 2021, a movement exploded that saw mainstreet retail investors take on and beat Wall Street’s finest when they backed unlikely stock darlings such as GameStop, AMC and Robinhood, forcing at least one hedge fund into bankruptcy. The king of stonks now wants to be the king of crypto by building a community rewards-based system that has kicked off with an already-popular stake-to-earn feature. There are more products to come, but they are, for now, closely guarded secrets.Stakers make a 372 million vote of confidence in Wall Street Memes The Wall Street Memes staking service is a big hit with the community. So far, 372 million $WSM tokens have been staked and are currently earning an annual percentage yield (APY) of 54%, as shown on the staking dashboard. It means that 37% of the tokens allocated to the presale have now been locked in the staking pool smart contract.There is a maximum total token supply of 2,000,000,000, of which 50% (1 billion) were on sale in the presale, which finishes in days. As far as tokenomics goes, 20% is equally divided for decentralized and centralized exchange liquidity, 50% for marketing, and 30% for community rewards. Such a large proportion of tokens devoted to marketing confirms the ambition of this project.Twenty percent of the $WSM total token supply is allocated for staking rewards (400,000,000). This comes out of the 30% allocated in the tokenomics to community rewards.In a boon for presale buyers, staking provides a passive income stream that will encourage long-term holding of the coin – that will dampen any selling pressure in evidence at the listing debut.Wall Street Memes has proven marketing prowess and successful product launches already in the bag Crypto market participants should not make the mistake of dismissing Wall Street Memes as just another utility-lacking lightweight meme coin hoping to go viral. Although not yet in the public domain, the project is believed to have a bevy of major product releases lined up.Furthermore, the team has already proven its marketing prowess, not just in raising at least $25 million for the project, but in its success over the past couple of years in growing a vibrant online community and in rolling out products.In May this year, the team launched the Wall Street Bulls Ordinals NFT Collection.Before that, in 2021, the founders of the community made $2.5 million when they minted the highly successful Wall Street Bulls 10,000-piece NFT collection, which sold out in 32 minutes. The team at Wall Street Memes know exactly what they are doing. And then there’s the Elon Musk connection to juice it up. Was Elon Musk one of the whales buying $WSM?When Elon Musk interacts with your X feed, a project can be said to have arrived. That’s the pleasing position $WSM is in. You can see some screenshots below and check two of Musk’s posts on @wallstmemes here: And here: When it comes to meme coin influencers, they don’t come any bigger than Elon Musk. His interactions to date beg the question: has Elon Musk been buying $WSM? A little help from Musk can take a coin a very long way, as Dogecoin holders will attest – Musk features among the line-up of Dogecoin whales. Whale buyer or not, the chances of Elon Musk staying involved with $WSM at a social level are high.Flexing an internet community of more than one million switched-on traders, Wall Street Memes is today one of the internet’s most influential retail investing communities. Its Wall Street Bets Instagram account has 534k followers and there are another 260,000 on X. And don’t forget the 100,000 followers across its two other Instagram channels, wallstgonewild and wallstbullsnft.The brand traction of Wall Street Memes and the much-talked-about success of its sellout presale means it is likely to be a contender for a seat at the top 100 crypto table in the coming weeks and months.Crypto experts are lining up with bullish forecasts for Wall Street MemesCrypto YouTuber Zach Humphries, with more than 100,000 subscribers, is backing Wall Street Memes to be a top meme coin.Then there’s YouTuber Joe Parys, with 380k subscribers. He tells his viewers that Wall Street Memes coin could be a 100x crypto.Another important analyst, Michael Wrubel, this time with 310k subscribers on YouTube, issued an urgent warning to his viewers a few days ago not to miss out on getting into $WSM before the upcoming tier 1 listings. Meanwhile, crypto presale analyst Jacob Crypto Bury reckons Wall Street Memes could 10x at launch.Other crypto financial influencers believe $WSM could be the next Pepe because of its potential to monetize the meme stock movement.As the FOMO continues to ramp up and the listing debut draws ever closer, there’s still time to buy $WSM before the price blasts higher at launch.$WSM can be bought on the Ethereum blockchain and BNB Smart Chain using ETH, BNB, or USDT (ERC-20 or BEP-20). If you wish to stake now, then you must buy with ETH. Visit Wall Street MemesLocal US Bank Shut Down after CEO Lost Millions in Crypto Scam Bitcoin trial: Apex court finds virtual currency exchange operator in breach of contract“The current interest of financial institutions in crypto is just another iteration in the process,” Lienkha told Blockworks. “But the process started several years ago when the first crypto funds and firms appeared in the market, joining individual crypto enthusiasts.” The ProShares Ether Strategy ETF (EETH) led the way with nearly $900,000 in daily volume, while VanEck’s Ethereum Strategy ETF (EFUT) eclipsed the $400,000 mark.

Established in May, CyberDefender is a project launched by the Cyber Security and Technology Crime Bureau of the Hong Kong Police Force, aimed at increasing local citizen’s awareness of online security risks. Bitcoin led the cryptocurrency markets higher on Aug. 29 following Grayscale’s victory in the lawsuit against the United States Securities and Exchange Commission. However, the rally could not be sustained, as analysts cautioned that the victory did not guarantee the approval of a spot Bitcoin (BTC) exchange-traded fund.Still, the victory may prove to be bullish for Grayscale. Glassnode analysts said in an X (formerly Twitter) post on Aug. 30 that the Grayscale Bitcoin Trust (GBTC) could return to a premium next year. It is important to note that GBTC has been trading at a discount to the spot Bitcoin price for the past two and a half years.Daily cryptocurrency market performance. Source: Coin360In the short term, even though the S&P 500 Index is on a path of recovery and the U.S. Dollar Index has turned down in the near term, the crypto markets are not able to sustain the higher levels. This shows that traders have maintained their focus on crypto-specific news.Could bulls defend the support levels in Bitcoin and altcoins? Will that lead to a stronger recovery soon? Let’s study the charts of the top 10 cryptocurrencies to find out.Bitcoin price analysisBitcoin’s range resolved to the upside with a sharp breakout on Aug. 29. This move indicates that the price is likely to oscillate inside the large range between $24,800 and $31,000 for a few days.BTC/USDT daily chart. Source: TradingViewThe 20-day exponential moving average (EMA) of $27,168 is flattening out and the relative strength index (RSI) is just below the midpoint, indicating that the selling pressure is reducing. Buyers will try to defend the breakout level of $26,833. If they succeed, it will signal that the bulls have flipped the level into support. The BTC/USDT pair may first rise to the 50-day simple moving average (SMA) of $28,689 and thereafter attempt a rally to $31,000.If bears want to trap the aggressive bulls, they will have to pull the price below $26,833. If they do that, it will indicate that the bears are selling on every recovery attempt. The pair could then retest the strong support at $24,800.Ether price analysisEther (ETH) once again rebounded off the crucial support at $1,626 on Aug. 28, indicating that the bulls are buying the dips.ETH/USDT daily chart. Source: TradingViewThe momentum picked up on Aug. 29, and the bulls propelled the price above the 20-day EMA ($1,716). This suggests that the ETH/USDT pair could swing between $1,626 and $1,816 for some more time.The price turned back below the 20-day EMA on Aug. 30, signaling that bears have not yet given up. If the price maintains below the 20-day EMA, the pair could tumble to $1,626. Contrarily, if the price turns up and climbs back above the 20-day EMA, the pair may reach the overhead resistance at $1,816.BNB price analysisAfter tight range trading near $220 for a few days, BNB (BNB) surged higher on Aug. 29. The relief rally is facing resistance at the 50-day SMA ($235) as seen from the long wick on the day’s candlestick.BNB/USDT daily chart. Source: TradingViewThe 20-day EMA ($224) is flattening out and the RSI is just below the midpoint, indicating that the downward selling pressure is reducing. If the price turns up from the current level, the BNB/USDT pair could rally to the resistance line. This level may again attract aggressive selling by the bears.On the downside, if the price slides below $220, it will indicate that the bears remain in control. The pair could then slump to the Aug. 22 intraday low of $203.XRP price analysisXRP (XRP) has been trading between $0.50 and $0.56 for the past few days. This suggests that the bulls are buying near the support and the bears are selling close to the resistance.XRP/USDT daily chart. Source: TradingViewThe downsloping 20-day EMA ($0.55) and the RSI in the negative territory indicate that the bears have the upper hand. Sellers will try to sink the price below the strong support at $0.50. If they manage to do that, the XRP/USDT pair may plummet to $0.41.Alternatively, if the price rebounds off $0.50, the pair may extend its stay inside the tight range for some more time. Buyers will have to shove and sustain the price above $0.56 to signal the start of a sustained recovery. The pair may then rise to the 50-day SMA ($0.64).Cardano price analysisThe bulls pushed Cardano (ADA) above $0.28 on Aug. 29, but they could not sustain the higher levels. That kept the price below the resistance at $0.28.ADA/USDT daily chart. Source: TradingViewThis shows that the price remains stuck inside the range between $0.24 and $0.28. The next support is at the uptrend line. If the price rebounds off this level with strength, it will suggest that every minor dip is being purchased. That will enhance the prospects of a rally above $0.28. Above this level, the ADA/USDT pair could soar to $0.32.Instead, if the price dives below the uptrend line, it will signal that the bears are trying to make a comeback. The pair could then skid to the vital support at $0.24.Dogecoin price analysisDogecoin (DOGE) reached the 20-day EMA ($0.07) on Aug. 29, but the bulls are struggling to sustain the price above it. DOGE/USDT daily chart. Source: TradingViewIf the price turns down sharply from the current level, it will suggest that bears are selling on rallies. The DOGE/USDT pair may then consolidate between the 20-day EMA and the support at $0.06.Alternatively, if the pair does not give up much ground from the current level, it will suggest that the bulls are maintaining their buying pressure. That could open the gates for a potential rally to $0.08.Solana price analysisSolana’s (SOL) recovery hit a roadblock at the 20-day EMA ($21.77) on Aug. 29, indicating that the sentiment remains negative and traders are selling on rallies.SOL/USDT daily chart. Source: TradingViewThe bears will once again try to tug the price to $19.35. If this level cracks, the SOL/USDT pair could start a downward move to $18 and then to $16.The bulls are likely to have other plans. They will try to build upon the recovery by pushing the price above the overhead resistance at $22.30. If they can pull it off, the pair may rise to the 50-day SMA ($23.59). If the price turns down from this level, the pair may remain range-bound between the 50-day SMA and $19.35 for some time.Related: Why is Dogecoin price up today?Toncoin price analysisToncoin (TON) soared above the neckline of the inverse head-and-shoulders pattern at $1.53 on Aug. 29. This signals a potential trend change.TON/USDT daily chart. Source: TradingViewTypically, after a breakout, the price turns down and retests the breakout level. If the price bounces off $1.53, it will suggest that the bulls have flipped the level into support. That could start an up move toward the pattern target of $1.91. If this resistance is scaled, the TON/USDT pair could reach $2.07.If the bears want to prevent the rally, they will have to quickly sink the price back below $1.53. Such a move could trap the aggressive bulls, resulting in a long liquidation. The pair may then slump to $1.25.Polkadot price analysisPolkadot (DOT) broke and closed above the 20-day EMA ($4.64) on Aug. 29, but the long wick on the candlestick shows selling at higher levels.DOT/USDT daily chart. Source: TradingViewThe bears pulled the price back below the 20-day EMA on Aug. 30. This indicates that the bears have not given up and are viewing the recoveries as a selling opportunity. The flattening 20-day EMA and the RSI in the negative territory signal possible range-bound action in the near term.If the price breaks below $4.50, the DOT/USDT pair may swing between the 20-day EMA and $4.22 for some time. On the other hand, a break and close above the 20-day EMA could propel the pair to the overhead resistance at $5.Polygon price analysisPolygon (MATIC) is facing stiff resistance in the zone between $0.60 and $0.65 as seen from the long wick on the Aug. 29 candlestick.MATIC/USDT daily chart. Source: TradingViewThe price turned down on Aug. 30, suggesting that the MATIC/USDT pair could consolidate in a large range between $0.51 and $0.65 for a while. The price action inside the range is likely to remain random and volatile.If bears want to seize control, they will have to drag the price below $0.51. That could resume the downtrend with the next support at $0.45. On the upside, a break and close above the 50-day SMA ($0.67) could signal that the bulls are in the driver’s seat.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. How to buy Tether (USDT)?Even though blockchain is relatively new, many companies have integrated ZKP into their ecosystem. Both these cutting-edge technologies could lead us into a new world, where no one would have to live in the shadows and become victims to the powers of the central figure. "We hope to raise the necessary funds to provide food and shelter for families who lost their homes," CryptoJungle CEO Ben Samocha said in the press release. "We are also hoping to provide hygiene and medical products for the bombarded Israeli civilian populace and to raise awareness for the horrors the Israeli people are facing right now."

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