Ambedkar Jayanti holiday: NSE, BSE to remain shut today; heres what else is unavailable - cyptoranking.com

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

2024-05-09

Popular crypto exchanges(2023 Update) 2024-05-09
Image: cyptoranking.com

SubQuery, a prominent blockchain developer, just announced its full integration of zkSync Era. Developers in the zkSync Era deserve credit for integrating SubQuery’s improved data indexing. This integration could boost workflow, efficiency, and blockchain adoption. Marathon has seen overwhelming growth throughout 2023. By August, it had installed enough hardware throughout its collection of data centers that its lofty 23 EH/s goal is now within striking distance. Ambedkar Jayanti holiday: NSE, BSE to remain shut today; heres what else is unavailableThe solution has the potential to dramatically increase speed and reduce the risks and costs compared to traditional foreign exchange (FX) trading and remittance networks. Whether ETH, alongside other altcoins will experience a price decrease, time will tell. But currently, it’s looking like another nosedive won’t be avoided.

Exchange Rankings Crypto
Image: cyptoranking.com

nano config.json According to CoinMarketCap, MATIC’s Initial Exchange Offering (IEO) was from April 18, 2019 to April 25, 2019, with 1.9 billion MATIC tokens for sale. MATIC’s Initial Coin Offering (ICO) was priced at  $0.002630 with a fundraising goal of $5 million. Can I cash out my Bitcoin profit?With “Nitro Nation World Tour” players race while earning and collecting car NFTs fashioned after well-known automobile brands like Aston Martin, Jaguar, Pagani and McLaren Automotive. Mythical developed the new game with CM Games, the original creators of the “Nitro Nation” franchise, the company said in a statement. TetherUSD CoinbitCNYTrueUSDDai

You have to have specific labeling to prevent market manipulation and inadvertent liquidations. But the executive noted that right now, getting its crypto ETFs approved in the US is more pressing. 3 Ways To Set Up a Bitcoin Wallet— Beosin Alert (@BeosinAlert) June 30, 2023 XRP starts the week on a positive note but bears take over the last day and crash prices.

There is a key bearish trend line forming with resistance near $1,610 on the hourly chart of ETH/USD (data feed via Kraken). According to Hayes, “the US banking system is functionally insolvent because the regulators made the rules in such a way that it was profitable from an accounting perspective, not an economic perspective, to essentially take in deposits and buy low yielding treasuries and they could do it with almost infinite leverage and a few basis points differing in the change of the price and everyone makes a lot of money and gets a big bonus.” “The banks collectively bought all these treasuries in 2021 and obviously the price went down a lot since then and that’s why we have the regional banking crisis.” The 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.”Hayes explained that the market is digesting this, and the nuance here is that despite high rates on treasuries, gold prices remain high and certain market participants who previously were treasury buyers are disinterested. Currently, banks’ struggle to attract deposits, and the difficulty of matching their deposit rates to the current rates available in the market creates revenue and debt management stress at a level which could become critical to the function of the entire banking system. Like many cryptocurrency advocates, Hayes believes that it’s in times like this that a certain cohort of investors begins to look at different investment options, including Bitcoin. Hayes’ view on why Bitcoin is destined for $750,000Despite what appears to be a generally dismal outlook on the global and U.S. economy, Hayes still expects Bitcoin price to outperform, and he placed a target estimate in the $750,000 to $1 million range by the end of 2026.Hayes expects Bitcoin to continue,“Chopping around $25,000 to $30,000 this year as we get to some sort of financial disturbance and people recognize that real rates are negative. If the economy is growing at a nominal rate of 10%, but I’m only getting 5% or 6%, even though it's high, people on the margin are going to start buying other stuff, crypto being one of those things.”Coming into 2024, Hayes said either a financial crisis will push rates closer to 0% or the government keeps raising rates, but not as fast as governments spend money and people continue looking for better returns elsewhere. The eventual approval of a spot Bitcoin ETF in the U.S., Europe and perhaps Hong Kong, plus the halving event could push price to a new all-time high at $70,000 in June or July of 2024. Regaining the all-time high by the end of 2024 is when the “real fun starts and the real bull market starts” and Bitcoin enters the “750,0000 to $1 million on the upside.” When asked whether the estimated price level would stick, Hayes agreed that a 70% to 90% drawdown would occur in BTC price, just like it has after each bull market. 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. FSMA Orders Binance to Immediately Halt Services in BelgiumThere can be different interpretations of open interest depending on the market state. Since open interest includes long and short positions at any time, gauging the directions of how market participants are posting trades can be challenging. Between October 3 and October 10, the whales with balances between 100,000 to 1 million XRP increased their holdings from 3.77 billion to 3.82 billion XRP coins. This fresh acquisition of 50 million coins over the past week brings their cumulative balances to a 3-month high.


Sister links

Sources

Bookmark-new.svg