Sebi Board meet: Commodity derivatives market open to FPIs - cyptoranking.com

From Wikinews, the free news source you can write!
Jump to navigation Jump to search

2024-05-02

Popular crypto exchanges(2023 Update) 2024-05-02
Image: cyptoranking.com

Frambot said that conversations with several institutional players indicate that the DAO-model is a non-starter for them to enter the decentralized lending space and that it is "clear they don't want their funds to be managed on their behalf and have specific compliance requirements." Reason Behind Rapid Surge in Base TVL Sebi Board meet: Commodity derivatives market open to FPIsKusama assured that to overcome these issues, the developers keep working hard behind the scenes and take on new people in order to scale. However, they prefer to remain quiet and not to reveal their strategy completely to the community. Shytoshi also recommended the concerned author of the aforementioned questions to check his recent message “for a hint to how this will change”. Metaverse Games

Exchange Rankings Crypto
Image: cyptoranking.com

As per an April filing, most funds held on FTX were held on hot wallets - or crypto storage that’s directly connected to public computers that access the internet, creating an attack vector. Source: TradingViewThe PEPE price has slipped by 2.5% in the past 24 hours, with the meme coin now also down by 10% in the past week, at $0.000000668902.This level marks an 8% loss in the last 30 days and an 84% fall since the meme token reached a record high of $0.00000431 at the beginning of May.Unfortunately, the medium- and long-term picture for PEPE since then has been largely negative, with the occasional pump-and-dump from whales doing little to halt the overarching decline the altcoin has suffered since storming the market in April and May.And with PEPE have little in the way of fundamentals to support it, it's likely that the next rally will be succeeded only by further falls.Pepe Price Prediction as $30 Million Trading Volume Sends PEPE Down 4.4% – Time to Buy the Dip?PEPE's indicators have taken interesting positions, with the coin arguably looking like it's ready for a much-needed bounce upwards.Source: TradingViewAfter spending much of August and September at 30 or below, PEPE's relative strength index (purple) climbed up to 60 at the beginning of the month and has more recently dropped to 40.Yet it's important to note that it has seemingly stabilized at this level, perhaps suggesting that its recent fall has bottomed and it's ready to pump again.To some extent, this view is supported by the meme token's 30-day exponential moving average (yellow), which has been declining consistently since the end of July, with the coin's price well below it.This means that PEPE is due a rebound (at least on a purely technical basis), with the coin's modestly rising support level (green) also suggesting that it has finished dropping for now.While there have been no major whale purchases of PEPE in the past week, the end of September did witness some significant accumulations.While the addresses concerned appear to have already sold the PEPE they bought in the transactions detailed above (e.g. here and here), these transactions nonetheless highlight how the meme token is still being used as a vehicle for profits by larger traders.As such, we can expect PEPE to rally again in the near future, especially with its trading volume peaking above $30 million in the past few days.The coin could be expected to rise as high as $0.00000080 in the near future, yet it's always likely with PEPE that it will fall back down again soon enough, and perhaps to a lower level than today's.Alternative Meme TokensBecause PEPE remains a risky option for retail traders (who can't pump or control the market like whales can), many may prefer to look at alternative meme coins that show more promise for market-beating gains.While it's difficult to identify the most promising and least risky meme coins, one way of filtering out the best is to look at presale, which can indicate popularity in cases where a sale has raised significant sums.This happens to be the case with Meme Kombat (MK), a new project that provides users with the chance to win rewards betting on the outcomes of AI-generated meme character battles.Launched only a few weeks ago, its presale has already raised more than $425,000, providing a sign that investors are already being interested by Meme Kombat's innovative new platform.Meme Kombat will also have a social element, in that players will be able to bet against each other (as well as against the platform itself) on the results of the aforementioned meme battles.Rewards will be paid out in the form of the native MK token, which is an ERC-20 cryptocurrency that can also be staked for the purposes of earning a passive income.The token comes with a hard supply cap of 12 million MK, with 50% of this earmarked for the presale and another 30% going towards battle and staking rewards.This will make the token appreciably decentralized, with investors able to join the presale by going to Meme Kombat's official website, where 1 MK costs $1.667.It will remain at this price for duration of the sale, yet it could easily rise strongly once it lists on exchanges towards the end of the year.Visit Meme Kombat 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.Sam Bankman-Fried's Legal Battle: Lawyers May Already Be Eyeing an Appeal Coinmap.org: Crypto ATMs & merchants of the worldLucas Kiely is chief investment officer of Yield App, where he oversees investment portfolio allocations and leads the expansion of a diversified investment product range. He was previously the chief investment officer at Diginex Asset Management, and a senior trader and managing director at Credit Suisse in Hong Kong, where he managed QIS and Structured Derivatives trading. He was also the head of exotic derivatives at UBS in Australia.US Stocks rise for third straight day as bond yields fall While SAGE Labs is seeing substantial traffic, Star Atlas has faced economic challenges this year. Back in July, it laid off 73% of its staff. At the time, Wagner told Decrypt that the layoffs were needed to adapt to the market conditions and to reduce overhead to “accommodate a long runway” for Star Atlas’ continued development.BNB Chain Airdrop Marathon Launched To Promote The Ecosystem

Hundreds of independent candidates have declared their candidacy in the 2024 presidential race, but few of them have attracted widespread notice. The only remaining democratic party challenger to Biden is now writer Marianne Williamson. The price of Bitcoin plunged below $40,000 due to global economic factors that emerged after the Ukraine-Russia war.Also, the collapse of Terra-Luna and its stable coin UST made the Bitcoin price fall more steeply. How much should I invest in crypto?ETH Santiment data Invest smarter with our DOGE price predictors.

A potential price boost to bitcoin with the upcoming halving set for April 2024 — an event when rewards offered to bitcoin miners are cut in half — could support Block’s stock price, the note adds. The level of difficulty to mine a block changes according to the speed it takes to mine a block. If blocks are mined rather quickly, the puzzles get more complex and vice versa. This means that new blocks have to be created in a certain time frame to carefully adjust the difficulty of the puzzles. SEC Sues Coinbase, Accuses Crypto Platform of Breaking Market RulesBoth sales of these winter decorations raised a combined $89,692, Wolf told Blockworks. The crypto monitoring platform EigenPhi reported that during the transfer, the Foundation encountered a Sandwich attack from MEV Bot, resulting in a loss of $9,101. After accounting for expenses, the MEV Bot managed to secure a profit of $4,060.


Sister links

Sources

Bookmark-new.svg