How to trade cryptocurrencies: A beginner's guide to buy ... - cyptoranking.com

2024-05-04

Popular crypto exchanges(2023 Update) 2024-05-04
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According to a report by DappRadar, of the $297 million invested, the majority of these funds are being funneled into gaming infrastructure. “I don’t know. I just think it’s so sad.”Bastion startup aims to make Web3 easy for businesses How to trade cryptocurrencies: A beginner's guide to buy ...Source: TradingViewDogecoin has remained largely flat in the past 24 hours, with its current price of $0.061189 representing a 1% drop in the past week.This means it remains below its 50-day exponential moving average (which stands at $0.0635), a sign that the meme token is struggling to regain momentum and is currently being oversold.This is confirmed by the fact that DOGE is also 4% down in the last 30 days and also 6% down in the past year, with the token struggling to find enough positive news to boost its price.But with some analysts expecting a market-wide rally towards the end of the year, and with DOGE also waiting hopefully on Twitter payments, the token could easily rise again in the near future.Dogecoin Price Prediction as DOGE Attempts to Climb Above 50-day EMA – Can Momentum Be Regained?DOGE's chart continues to look very unpromising at the moment, even if its oversold status would normally imply an incoming rebound.Source: TradingViewFor one, DOGE's relative strength index (purple) has been below 50 – or even 40 – for the last month and a half, and it currently remains close to 40, in a sign that buyers still don't seem interested in acquiring some on the cheap.Likewise, its 50-day EMA (yellow) continues to fall further below its 200-day average (blue), which in combination with the fact that current price is below both would imply a serious loss of momentum and support.Indeed, DOGE's support level (green) has inched downwards over the past month or so, meaning that it may not have actually finished dropping in the short- and medium-term.The coin could therefore sink below $0.060 in the next few days, and potentially drop even further unless the wider market becomes a little more positive and buoyant.The problem with DOGE at the moment is that it lacks any positive narrative, with no recent bullish news to note and no new developments.As such, the market is having a hard time trying to get excited about the coin, which seems to be relying almost solely on the possibility of integration with X (formerly Twitter) for any upwards movement.And while Elon Musk's love for DOGE means that Dogecoin payments on X can never be ruled out, it's likely that it would take a long time for such a thing to happen, if it ever does.For this reason, DOGE is likely to continue sliding for as long as the wider cryptocurrency market remains in a relative slump, which is currently being caused by rising bond yields (which makes stocks and more speculative assets less attractive).The meme token is likely to fall to $0.0550 or thereabouts before picking up again, with a return to more bullish conditions at the end of the year potentially lifting it back up to $0.070.New Meme Tokens With High PotentialTraders may prefer to leave DOGE aside for the time being and look at newer meme tokens with more potential for market-beating gains.Of course, it can be hard to pick which new meme coins are likely to be successful, yet one way of gauging this is to look at presales, with tokens that raise substantial amounts likely to have a larger following going forward.One new coin that fits this profile is Meme Kombat (MK), a new gaming platform that offers users the chance to earn rewards betting on AI-generated meme battles.The platform's presale has already raised over $325,000, which is impressive in that the sale has been open for only a couple of weeks.This suggests that investors are already being won over by Meme Kombat's primary feature, which is that it will use artificial intelligence to generate battles between meme characters, which users can place bets on.Users can do this by staking the platform's native token, MK, which will also be used to pay out rewards for successful bets.And given that Meme Kombat is based on the Ethereum blockchain, bets will be made using smart contracts, making payouts transparent and instant.Given just how popular meme coins have been in 2023, a platform which promises to stage meme battles is likely to attract plenty of interest, as hinted at by the presale's success in raising money.As a token, MK will have a hard cap of 12 million, with 50% of this supply going to the presale and another 30% going towards battle and staking rewards.This distribution should ensure a high level of community involvement with Meme Kombat, with investors able to join the presale by visiting its official website and connecting their wallets.1 MK will cost $1.667 for the entire sale, which will end once it raises $10 million, at which point the promising new token will list on exchanges.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.XRP Price Prediction as XRP Seeks to Breach $0.55 Level – Is the Path to $1 by End of 2023 Clear? ASICRUN has started making a strong impact on the crypto market with the recent launch of its suite of advanced ASIC miners. The company’s new products, AR1 Miner, AR2 Miner, and EliteAR Miner come with market leading hash rates, making crypto mining more rewarding than ever before.AR1 Miner: Bitcoin 1050 TH/s, Litecoin 400 GH/s, Dash 20 TH/sAR2 Miner: Bitcoin 2200 TH/s, Litecoin 900 GH/s, Dash 45 TH/sEliteAR Miner: Bitcoin 4900 TH/s, Litecoin/ 2200 GH/s, Dash 100 TH/sMoreover, despite their high computational power, ASICRUN miners have moderate power consumptions of 650W, 1,300 W, and 2,800 W for AR1 Miner, AR2 Miner, and EliteAR Miner, respectively. This translates into negligible monthly power costs of $50 to $250, depending on the hardware used. Owing to these two factors, ASICRUN users can make extraordinary profits in quick time.Projected Profit/MonthHardwareBitcoinLitecoinDashAR1$1,897$3,474$3,591AR2$3,974$7,813$8,011EliteAR$8,853$19,070$17,500 ASICRUN is dedicated to simplifying the process of crypto mining so that its benefits can be enjoyed by all regardless of their industry experience or knowledge. With this goal, the company has developed plug-and-play miners that are delivered preconfigured, and can be used by anyone just by plugging them into a power socket. Interestingly, these miners have nominal system requirements that don’t require any additional investment. The company also has its own mining pool that is available free of charge to all its customers. This is particularly useful for first-time miners. All mining rigs sold by ASICRUN include comprehensive product warranty covering all types of software as well as hardware issues. The company also covers the delivery and custom fees for all its customers. These miners are available for delivery all over the world, except for the countries with custom closed.Whether you are a savvy miner looking to up your mining game or a beginner aspiring to make a fortune out of crypto mining, ASICRUN can be an excellent option for you. To find out more about the company and its exciting range of products, please take a look at https://asicrun.com/Disclaimer: 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.Crypto traders shift attention to these altcoins in Q4 2023: Chainlink, Sei, Bitcoin Spark, and Luna Classic

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4. Proof of Capacity Peter Thiel-Backed Founders Fund Invests in Layer N's Ethereum Scaling Tech As cryptocurrency nears a 'Lehman Brothers' moment, lawyers look at how insolvency law will copeHowever, according to Dune Analytics data, the revenue has been sent to an external account (EOA) so far, and no expenses have been recorded from this account. While Friend. tech has been increasingly adopted since its launch in August, it has not attracted new users yet. A recent Protos report reveals a series of business relationships between San Diego-based Axos Bank and a string of characters who have found themselves subject to regulatory or prosecutorial ire.

Reliability of Cloud Mining firms: The bitcoin market has seen its fair share of fraudulent or untrustworthy cloud mining firms. To avoid scams, it is critical to select a reliable source. You might also like: Polkadot’s evolution toward asynchronous backing: The journey to 1,000 parachains Can you buy Dogecoin on eToro?The increase in Argo's mining aligns with data released by other major digital asset miners, including Marathon Digital, Riot Platforms, and CleanSpark. In addition, Finance Magnates reported yesterday (Wednesday) that Bitfarms Ltd. Successfully mined 411 BTC, representing an increase of 7.3% from the previous month. Blockchain technology has emerged as a critical component of the metaverse. It permits the development of unique, scarce digital assets that users can possess. NFTs are a prime example of how blockchain is being utilized to represent ownership of virtual assets within the metaverse.

As revealed by Bitcoin Magazine, an unknown "Project Spartacus" has formed in an attempt to immortalize on bitcoin the classified information that the U.S. government has long alleged Julian Assange illegally provided to journalists in the infamous Afghan War Diary. Turning Point in Friend Tech TVL Central Bank Digital Currency Tracker - Atlantic CouncilSource; PixabayMany US-based crypto firms have been keen on expansion moves amid heightened regulatory uncertainty in the United States.The latest firm to announce its expansion plans is the crypto investment subsidiary of VC Andreessen Horowitz, a16z crypto.The firm announced its plans to launch its first international office in London a few days following the US SEC lawsuit against two top cryptocurrency exchanges. The crypto firm hinted at the US' extreme regulatory atmosphere as the reason for its move.Expansion Moves Amid Heightened Regulatory UncertaintyThis development comes a month after a16z crypto’s “State of Crypto” report on the declining crypto-related activity in the United States. Even though the firm did not expressly mention the regulatory war against crypto as the driving factor of its expansion move, its statements pointed toward the fact.It noted that "crypto can only thrive with a clear regulatory regime that provides an open pathway for startups while protecting consumers from fraud and manipulation.” Notably, the UK has become more attractive to crypto firms following its moves to secure a legal framework for crypto. Crypto companies like Coinbase and Ripple have already moved to open new offices in London following the ongoing regulatory strive in the US.In its "State of Crypto" report, a16z crypto noted that banning new business models or technologies compromises American values and drives innovation and jobs overseas. The company is not the first to issue such a report. Coinbase, Ripple, Binance, and other crypto-focused firms, including top industry leaders, previously raised similar concerns.In the latest announcement, a16z noted the drawbacks caused by the "casino culture" that now exists in the crypto industry. The firm said it is cooperating with policymakers and regulators across the globe to address the issue."We need regulatory frameworks that facilitate decentralization, not impede it,” said a16z’s leader, Chris Dixon. "UK policymakers and regulators are taking an approach uniquely tailored to blockchain and digital asset regulation, He added."Jack Dorsey-Backed Nostr Platform Collaborates with Zebedee to Create New Social Media Later – How Does it Work? Staying SAFU: 5 rules for strong passwords

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