Why won't Robinhood let me buy Dogecoin? - cyptoranking.com

2024-04-20

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Read more: 11 Best Crypto Portfolio Trackers in 2023 In a commentary on the chart, the analyst stresses that the possibility of such a scenario is due to the similarity to the 2015 fractal and requires the absence of a black swan like the COVID-19 crash of 2020. Why won't Robinhood let me buy Dogecoin?Once more, XRP’s value has dipped below the $0.5 threshold, erasing the accrued gains after a crucial court ruling in the United States Securities and Exchange Commission’s (SEC) lawsuit against Ripple. This development has sparked discussions regarding the appeal of XRP, particularly in light of how Ripple manages its monthly release of escrowed XRP. “We are evaluating multiple opportunities for our next 5 exahashes of hash rate capacity including international locations with low-cost renewable energy.”

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Source: Adobe/ymgermanNathaniel Chastain, a former manager at the non-fungible token (NFT) marketplace OpenSea, has made the decision to serve his three-month prison sentence for insider trading while his appeal is still pending.Chastain's lawyers submitted a letter to the New York District Court on Wednesday, informing the judge that their client had withdrawn his application for bail during the appeal process. Consequently, in accordance with the court's previous order and judgment, Chastain will voluntarily surrender himself by November 2 to commence his sentence while awaiting the outcome of his appeal.Back in May, the former OpenSea product manager was found guilty of wire fraud and money laundering in the first insider-trading trial involving NFTs.Chastain was accused of using confidential information to make thousands of dollars in profit by buying NFTs just before their listing on OpenSea's homepage, where their prices would immediately increase. Once the prices had increased, Chastain would then sell the NFTs at a profit, violating his duty to keep the information confidential. The government alleged that he made over $57,000 in profit from his illicit actions.Chastain Sentenced to Three Months in JailOn August 22, Chastain was sentenced to three months in prison for engaging in insider trading on the NFT platform. Additionally, he was ordered to pay a $50,000 fine and forfeit any illicit cryptocurrency profits derived from his trading activities on OpenSea.During the trial, prosecuting attorney Allison Nichols argued that Chastain was fully aware that he was violating the law by executing these trades through anonymous OpenSea accounts.Chastain had previously argued that NFTs aren’t securities or commodities and therefore aren’t subject to the government’s theory. He also contended that he didn’t commit money laundering because the transactions were made on a public blockchain. However, his decision to serve the prison sentence amid ongoing appeal signals a willingness to accept the consequences of his actions. NFT Market Struggles to Recover After 2022 CrashOnce considered the next big thing in the crypto world, NFTs have failed to recover following the 2022 crypto meltdown. Investors have seen the value of their blue-chip NFTs drop significantly, with floor prices dropping to record low levels and falling trading volume.The prolonged downturn has even forced some NFT platforms to close down operations. Recur, an NFT marketplace supported by billionaire Steve Cohen and renowned for its Hello Kitty NFT partnership, has announced it’s winding down due to “unforeseen challenges and shifts in the business landscape.” Likewise, Mark Cuban-backed NFT social media platform Nifty’s has decided to cease operations, citing unsuccessful investment opportunities.Even platforms like Blur, a leading NFT marketplace, have witnessed a staggering 96% drop in sales volume measured in Ether between late June and early August. OpenSea, the second-largest NFT marketplace, has also seen a more than 90% drop in trading volume.NFTs and Metaverse: Activewear and Luxury Brands Embrace Web3 Innovation How To Generate Cryptocurrency? Which crypto exchanges are Decentralised?Enhancing Staking Pool Security Nouns DAO, which mints one NFT every day and uses the funds to advertise the project, instituted forking in May as a form of minority protection. So far, 62 Nouns, or about 20% of treasury’s holdings, have joined the fork, which finalizes Wednesday morning. The early outflows totaled 2035.49 ether, worth around $3.2 million at the time of writing, and will add to the more than $27 million lost in the first fork.

So some of it is practicalities. And then, when you're writing a 200-page essay, you need to pull in a lot of information. So, to be fair to the SEC, that work, the work that's required to do this, because you are setting a precedent, as well as following precedents, it is a pretty involved task. The weighted average cost of purchased Bitcoin recently reached a level signifying that all investors who have consistently dollar-cost averaged into the leading cryptocurrency are now in the black, regardless of how long they have been holding.Just a reminder that every single pleb who has been dollar cost averaging #bitcoin is now in profit no matter when they first started DCA'ing. Every single one of them! pic.twitter.com/pnuIqdQznM— Wicked (@w_s_bitcoin) July 3, 2023 Dogecoin soars as eToro adds trading-will it keep rising?Unilend (UFT), a protocol that brings all decentralized finance (DeFi) trading to offer in one place, making them accessible through smart contracts, has seen a rise in activity as well. Coming up as the 6th altcoin on the list, Unilend’s growth spans “High Transaction Volume, Active Addresses, Network Growth, Whale Transactions, $100K-$1M Whale Accumulation, Exchange Inflow.” This strategic shift underscores Coinbase’s efforts to evolving within the changing crypto market dynamic and achieving a balanced revenue mix.

Customers will be able to withdraw their funds until Jan. 8, though after that “customers must deactivate their Bitstamp accounts.” Emin Gun Sirer is the Founder and Chief Executive Officer at Ava Labs. How to Earn Free Crypto in 2023-Most Profitable MethodsAccording to data from CryptoSlam, Mythos Chain has seen $33.5 million worth of NFT sales volume over the past 30 days, marking a 20.31% increase over that time frame. Bloomberg Intelligence analyst James Seyffart said in an X post Friday that Valkyrie’s latest filing could indicate that the SEC asked the firm to reverse its ETH futures positions until the official effective date as competitors also prepare ETFs with such exposures.

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