Visa Planning to Launch Its Own Cryptocurrency Wallet - cyptoranking.com

2024-04-29

Popular crypto exchanges(2023 Update) 2024-04-29
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Prominent crypto tracker Whale Alert spread the word about a massive XRP transaction, carrying tens of millions of XRP to the Bitstamp platform from an unknown wallet. "Blur's calculated entry into the NFT space with a minimum 0.5% royalty fee, coupled with attractive airdrops and bidding incentives, struck a compelling economic chord with traders," said Brad Kay, analyst at The Block Research. "By slashing transaction costs, it boosted trader profits and siphoned off significant user activity from higher-fee platforms like OpenSea, where Yuga Labs had previously thrived." Visa Planning to Launch Its Own Cryptocurrency WalletLawyers for Sam Bankman-Fried want to quiz FTX co-founder Gary Wang about his reliance on legal advice when agreeing to a series of loans from linked hedge fund Alameda Research, according to a legal filing made late Monday night. Furthermore, the Relative Strength Index (RSI) rating of 31 and rising indicates that LUNC may see an increase in buying activity and upward momentum. If the RSI continues to increase and surpass the 50 mark, it might show a move toward positive sentiment and a likely LUNC price upswing.

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Furthermore, the stochastic RSI is trending below its signal line with a value of 17.86, indicating that the CYBERUSD price is oversold, encouraging the probability of a positive turnaround. This level indicates that the selling pressure is approaching its end and that an upward price movement is possible. Likening it to the hype surrounding blockchain, De Vries cautioned against thinking of AI as a silver bullet to solve all the world’s problems. EXODUS ONLINE WALLETThe top five NFT sales this week, according to cryptoslam.io data. MATIC’s Price History

Bitcoin (BTC) traders are displaying behavior similar to the 2022 bear market bottom as “uncertain” sentiment rules, new research argues.In one of its Quicktake market updates on Oct. 9, on-chain analytics platform CryptoQuant examined a major drop in realized capitalization of the most active part of the BTC supply.One-month-old BTC supply realized cap comes full circleBitcoin’s more speculative investor cohorts continue to come in for scrutiny this year as BTC price action experiences a variety of diverging environments.The spot price is currently circling the aggregate cost basis for so-called short-term holders (STHS), defined as entities hodling a given amount of BTC for 155 days or less.Now, CryptoQuant reveals that the realized capitalization, or cap, of coins that last moved between 24 hours and one month ago has collapsed in recent months.Realized cap refers to the combined value, in U.S. dollars, of a specific group of Bitcoin being used in transactions. Tracking the total value of the one-day to one-month (1D-1M) cohort can give insights into broader BTC price action, CryptoQuant says.“In my view, this dataset effectively reflects Bitcoin's market price fluctuations,” contributor Binh Dang wrote. “It represents recently acquired coins before they become long-term holdings or are continually traded in the short term.”In late 2022, when BTC/USD fell to two-year lows, the 1D-1M cohort’s realized cap fell below $20 billion. When Bitcoin peaked at just below $32,000 in July, the realized cap peaked at more than double — around $44 billion.Binh shows that the figure has now retreated back to those bear market levels, “recovering slightly” to still hover near the $20 billion mark.“The current change in this data (in blue and green) shows an inconsistent recovery, partly due to general market sentiment, including macroeconomic and geopolitical issues,” he continued in commentary on an illustrative chart.Bitcoin realized cap supply data (screenshot). Source: CryptoQuantBitcoin newbies “should not expect” rerun of Q1 gains$20 billion has formed a broad floor for the 1D-1M group since September 2022, but a stronger bounce should be viewed as unlikely in the future.Related: Bitcoin dominance hits 3-month high as ‘hammered’ altcoins risk dive“The market will likely remain uncertain if these data don’t show significant and positive trends from now until the year’s end,” Banh wrote. “The volatility will be unpredictable, so newcomers should not expect continuous and strong price increases as in the first half of this year.”Similar conclusions can be drawn from the percentage of the aggregate realized cap accounted for by 1D-1M coins.Bitcoin 1D-1M cohort realized cap % chart (screenshot). Source: CryptoQuantThis 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. DappRadar is a versatile platform designed to facilitate user exploration of the expansive array of applications within the Web3 industry. This invaluable tool meticulously indexes more than 14,000 dApps and over 33,000 NFT collections across 54 blockchain networks. Users can seamlessly navigate through applications spanning diverse categories, including gaming, NFTs, and DeFi, while also gaining access to crucial metrics such as unique active wallets, transaction data, and more. Palm oil ends higher-MarketsMajor cryptocurrency exchange operator OK Group continues transforming its business, rebranding its crypto ventures under the single name “OKX.”OKX president Hong Fang took to X (formerly Twitter) to announce that Okcoin will be rebranding to OKX over the coming months. Founded in 2013, Okcoin will have the same name as OK Group’s other crypto venture, OKX (formerly OKEx).“I’ve been part of Okcoin for five years. Over the years, we have put a lot of love and passion into our brand and product,” the exec wrote in the post. She added that the platform’s rebranding in key operational jurisdictions will be great for its customers and business.Starting with Singapore, OK Group plans to sequentially rebrand “Okcoin” to “OKX” in Europe and the United States over the next few months, Fang said. The exec assured that customers will receive the “same set of product services under the same regulatory framework” and will interact with a new brand.Fang also mentioned that OK Group recently sunsetted the “Okcoin” brand and product in a few regions, including Latin America, the Middle East and North Africa, South Asia, Hong Kong and other regions.Related: Binance, OKX to comply with new financial promotions rules in UKThe executive emphasized that the United States has always been important to the company’s global strategy. “It is home base for a lot of us on our team. It is special to us,” Fang wrote, adding:“Despite all the challenges, we remain committed to the U.S. as a visionary leader that upholds the standards of empowering individuals and protecting freedom with technology as it always has and defines our future as it should be.”The news comes nearly one year after OK Group rebranded another part of its business, formerly known as OKEx. In December 2022, OKEx announced its transition to “OKX” to become more than just a centralized crypto exchange and capture decentralized finance, nonfungible tokens and Web3. The exchange was founded by OK Group CEO Star Xu in 2017.Magazine: Web3 Gamer: Minecraft bans Bitcoin P2E, iPhone 15 & crypto gaming, Formula EHut 8 boosts self-mined Bitcoin reserves to 9.4K amid USBTC merger Source: BTCUSD on TradingView.com

The move enables users to create their own “RTokens” — decentralized stablecoins, flatcoins (pegged to the cost of living) or tokenized indices — using Reserve’s Asset Backed Currency Factory on the cheaper Layer 2 network. These assets are backed by overcollateralized baskets of Ethereum-compatible ERC-20 tokens. Per Xinhua (via the China Economic Daily), visitors to China can now “register and open a digital yuan wallet with an overseas mobile phone number.” Requirements for Certain Transactions Involving...In total, 26,334 token-bound accounts were activated across all EVM chains, through 1,520 transactions, with 11,270 NFTs held within them. Read more: Mutant Ape Planet NFTs creator arrested and charged with fraud over $2.9m exit scamAstrology NFT project ‘Lucky Star Currency’ rugged for over $1m - Certik

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