Coinbase Derivatives Exchange to Offer Institutional Bitcoin and Ether Futures - cyptoranking.com

2024-05-04

Popular crypto exchanges(2023 Update) 2024-05-04
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Binance Smart Chain (BSC) has bore witness to a staggering exit scam. AegisWeb3, a vigilant blockchain watchdog, raised the alarm, and the token at the center of this scandal is $LSC. $LSC, experienced a plummet of 97% in its value amid the news. The story unfolds with the revelation that an unidentified individual orchestrated this audacious exit scam, raking in a profit of approximately $1.11 million BUSD. The gains were swiftly transferred to another address, further obscuring the scammer’s tracks. Staking is excellent for investors to earn rewards on their assets, but Liquid Staking offers the user many more benefits. In summary, please explain what Liquid Staking is, why it is so revolutionary, and the benefits of liquid staking over traditional staking. Coinbase Derivatives Exchange to Offer Institutional Bitcoin and Ether FuturesThe largest concern expressed by Hayes is “at a structural level, the US banking system cannot buy more debt, because it cannot afford to because it is structurally insolvent. The Federal Reserve has committed to doing quantitative tightening, so it's not accumulating more treasuries.” The company raised $12 million in a funding round in July 2021 from Foundry Group, Blockchain Capital Robot Ventures and others, after raising $5 million in a seed round a year earlier, CoinDesk previously reported. Blocknative announced another $15 million investment round in December 2022.

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Alongside this announcement, the project’s social media accounts and websites have also been removed. The Bitmain Antminer S21 Hyd, which is estimated to bring about $5.46 per day in profit according to ASIC Miner Value and is currently the most efficient Bitcoin miner, costs a whopping $7,599 in preorders. Based on current estimates, it would take almost 4 years for the miner to pay for itself. Top 100 Cryptocurrency List Of Influential People In CryptoBinance-spearheaded Industry Recovery Initiative (IRI), a co-investment project aiming to support the cryptocurrency industry in the aftermath of the FTX collapse, may not have been as effective as desired, a new report suggests.After announcing the IRI in November 2022, Binance spent $15 million in its Binance USD (BUSD) stablecoins out of its total commitments of $1 billion in BUSD, Bloomberg reported on Oct. 10. Binance subsequently moved the remaining $985 million of the pledged BUSD back to its corporate treasury, planning to use it for investments. In March, Binance converted these funds from BUSD to cryptocurrencies like Bitcoin (BTC), citing growing regulatory concerns around stablecoins.Apart from Binance, the IRI had collected an additional $100 million in contributions from 18 organizations by the end of February 2023, including Animoca Brands, Aptos Labs, Jump Crypto, Polygon Ventures and others.Three months after launch, the IRI funded 14 projects, Binance claimed, without disclosing the names of the companies that received funding. The only publicly declared expense from Binance’s $1 billion IRI commitment was the exchange’s acquisition of the South Korean crypto exchange Gopax, announced in early February.According to wallet data collected by Bloomberg, the IRI has invested less than $30 million since its inception last year. Among nine named participants, only DWF Labs and Binance-backed Aptos had spent at least some of the committed funds.Related: New book reveals Binance CEO CZ rejected SBF’s $40M request for futures exchangeIt’s unclear whether the IRI is still working to support cryptocurrency projects, as its Google Docs applicant form is still active.Binance did not immediately respond to Cointelegraph’s request for comment.Transactions associated with Binance-spearheaded Industry Recovery Initiative as of Oct. 9, 2023. Source: BloombergThe IRI’s high capital commitments versus its actual contributions come as the cryptocurrency industry scrambles for funding.The quarterly amount of cryptocurrency-related venture funding has plummeted as much as 70% from Q3 2022, the blockchain analytics firm Messari reported on Oct. 5. According to the report, crypto VC volumes in Q3 2023 amounted to just around $2 billion, down from the all-time high $17 billion in Q1 2021.Magazine: Deposit risk: What do crypto exchanges really do with your money? When users interact with Morpho-Aave or Morpho-Compound, they access the same pool of funds available for borrowing or withdrawal as they would when using Aave or Compound directly. Key parameters such as collateral factors, oracles, and close factors are preserved. However, the critical distinction lies in the fact that Morpho offers improved rates for both borrowers and lenders. Morpho users can expect to receive two distinct interest rates. In the worst-case scenario, they receive the Annual Percentage Yield (APY) of the underlying pool.

For now, the market watches and waits, with many hoping for a return to bullish sentiment soon. Bitcoin’s recent attempt to surge to higher prices faced a significant obstacle and was rejected. Interestingly, there has been a notable shift in sentiment among US investors and traders, as indicated by the Bitcoin Coinbase premium index. This metric measures the percentage difference between the Coinbase Pro price and the Binance price. Positive premium values indicate stronger buying pressure among US investors on Coinbase, while negative values indicate selling pressure. Is Your Computer Secretly Mining Bitcoin Alternatives? A ...CBDC can be categorized using various parameters: implementation models, underlying formats, and distribution models. As selling pressure mounts on ApeCoin, Launchpad XYZ offers a contrasting narrative / Image by akif on Adobe StockApeCoin (APE) suffered a punishing reversal this past week, with the cryptocurrency plummeting nearly 20% to hover precariously below its immediate support zone. This sharp selloff comes amidst a spike in trading volumes, leaving APE vulnerable to further declines as traders weigh whether bears or bulls will prevail next.ApeCoin Price Prediction as APE Price Struggles to Hold Support After RejectionSource: TradingView / APEUSDTAfter rallying to a local high of $1.288 on October 2, APE faced firm rejection at the key reverse Fib retracement level of 0.786 at $1.288. This rejection catalyzed the start of the ongoing selloff, with APE now trading down near the swing low support zone of $1.033 to $1.107.With the APE price down 4.96% so far today to $1.034, bulls are battling to defend support. However, the robust 54.14% surge in 24-hour trading volumes to $33.2 million suggests sellers remain in control.APE Indicators Flashing Oversold - But For How Long?The daily Relative Strength Index (RSI) on APE now stands at 32.06, sharply down from yesterday's 36.97 reading. This shows rapidly deteriorating momentum and nears oversold territory below 30.Additionally, the MACD histogram produced a bearish crossover today at -0.001. This highlights building downside momentum that could place further pressure on the APE price.Upside Targets and Downside RisksTo the upside, the first target for APE bulls is the 20-EMA currently near $1.143. Beyond this, the 50-EMA at $1.294 and the Fib level of 0.786 at $1.288 represent the next layer of significant resistance.To the downside, losing the swing low support at $1.033 exposes APE to further declines. The next notable support zones come into play around the psychological $1.00 level and the extended reverse Fib 1.236 level at $0.807.After facing rejection at a key Fib level, the ApeCoin price continues bleeding lower while defending crucial support. With oversold technical readings hinting at bounce potential, bulls need to overcome initial resistance to invalidate the downtrend.As selling pressure mounts on ApeCoin, Launchpad XYZ offers a contrasting narrative. The upcoming AI crypto signals platform focused on education, trading tools, and more has attracted huge presale interest for its vision of a user-friendly Web3 portal.Launchpad XYZ Raises Over $1.86 Million in Ongoing Cryptocurrency PresaleLaunchpad XYZ has raised over $1.86 million through its ongoing cryptocurrency presale, putting it one step closer to becoming a comprehensive portal for all things blockchain.The platform, slated to launch before the end of 2023, will be a user-friendly entry point for both crypto newcomers and seasoned traders.“Easy access to the best projects in the blockchain space,” is how Launchpad XYZ CEO Terence Ribaudo describes the platform's core offerings.Visit Launchpad XYZ NowLearn, Trade, and Explore Web3 with Launchpad XYZThrough its LearnWithLaunchpad program, the platform plans to provide educational courses and training materials for individuals just getting started in crypto.More experienced users will have access to robust analytics, trading signals, and a daily newsletter called Trading Edge promising “market-leading alpha.”Beyond trading tools and educational resources, Launchpad XYZ aspires to be a centralized hub for all Web3 needs.The platform is developing a peer-to-peer NFT marketplace, a decentralized exchange, and will host new NFT mints and play-to-earn games among other web3 projects.An integrated wallet is also in the works to keep user digital assets secure yet easily accessible.Launchpad XYZ's LPX Utility Token Offers More Than Just AccessThe $LPX token will play an important role in the Launchpad XYZ ecosystem. Holding $LPX will grant platform access and unlock premium features like staking yields, whitelist access, and partner discounts.These incentives could lessen selling pressure on $LPX when it eventually gets listed on major crypto exchanges, as users are encouraged to hold the token to access the platform’s offerings.The token aligns with Launchpad XYZ’s goal of appealing to a broad crypto audience. Through its LPQ ranking system and Apollo features, the platform is developing an AI-powered trading tool to provide robust analytics and trading signals even for novice traders.With plans to be a comprehensive, user-friendly crypto platform, Launchpad XYZ is ambitious. But its utility token $LPX will be more than just a ticket to the platform.As Launchpad XYZ gears up for one of 2023's most anticipated crypto launches, the platform is laser-focused on delivering on its ambitious vision to be a one-stop hub for all things blockchain.With presale momentum building, the countdown is on for token holders eagerly awaiting access to this potentially game-changing portal.Visit Launchpad XYZ 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.As Viral DRS Token Rockets Up 25,000%, This Lesser Known Meme Coin Just Secured $400,000 in Funding – 100x Potential?

Polygon SDK can support and offer many solutions and products. As stated on Polygon’s website, Polygon SDK can offer Inter-chain messaging protocols and modules, data availability services, shared security services, adaptors for external blockchain networks, app-specific modules, and many more. While Ethereum’s long-term prospects remain promising, given its historical performance and the myriad of real-world applications it supports, the recent actions of whales, coupled with some concerning technical indicators, suggest that investors should proceed with caution. OKX's monthly reserves report shows over $11.3b in crypto holdingsCrypto market moves lie beyond just Fed actions Bloomberg’s James Seyffart said the delays are trickling in now to get ahead of an expected government shutdown. In a hearing in DC earlier this week, SEC Chair Gary Gensler said a shutdown would leave the regulator with a “skeletal” staff.

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