Sebi likely to allow foreign investors in commodity derivatives market - cyptoranking.com

2024-05-12

Popular crypto exchanges(2023 Update) 2024-05-12
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Wall Street Memes Surges 30% on Dextools After Stellar Launch While Latest Meme Coin Presale May Surprise You We’re not living in that world Sebi likely to allow foreign investors in commodity derivatives marketEarlier this year, the European Commission released its Strategy for Sustainable and Circular Textiles, a new and innovative solution “to frame the future of Europe’s textiles and fashion industry with Digital Product Passports.” Digital product passports will be utilized as a tool to share details regarding the product’s environmental sustainability, including data on the product’s composition and environmental impact. By putting this measure in place, the industry will be able to better understand global sustainability goals and bolster clarity for consumers while advocating for environmentally conscious choices. This form of digital assets — while it’s not a traditional NFT — is where the future is headed. XTZ Chart / Source: AdobeTezos (XTZ), the cryptocurrency that powers the Tezos layer-1 blockchain protocol, has pumped over 11% on Monday.XTZ was last trading around $0.72 per token, having rallied as high as $0.746 earlier in the session to test its 100-day Moving Average, after enjoying a strong bounce from support in the mid-$0.60s on Sunday.Tezos markets itself as a blockchain that is designed to address key barriers facing the adoption of blockchains for the trading of assets and use of decentralized applications.There doesn’t appear to have been any one fundamental catalyst behind Monday’s upside.Rather, technicals could explain the move.XTZ appeared to break an important trendline dating all the way back to late 2021 on Monday, which could have potentially triggered some technical buying.When an asset breaks out of a long-standing downtrend like this, its often a sign its long bear market has come to an end, although it doesn’t necessarily mean the start of an aggressive new bull market.Price Prediction – Where Next For Tezos (XTZ)?Before the bulls declare victory and that XTZ has found a near-term bottom, XTZ needs to also break above its 100DMA and clear the way for a retest of its 200DMA at $0.85.A break above the 200DMA would then be required for the bulls to really become confident that the bear market is over.If XTZ can achieve this, a quick retest of the psychologically important $1 level could be on the cards, which would mark a rally of around 40% from current levels.However, bulls should remain cautious, as near-term upside is far from a guarantee.Firstly, macro headwinds remain strong – markets were gripped by risk-off on Monday thanks to geopolitical concerns amid the escalating Israel/Palestine conflict, but the main headwind is that the US economy continues to outperform expectations, pushing back the potential date for the start of a US interest rate cutting cycle.Secondly, the Tezos blockchain doesn’t appear to be thriving – its trade value locked (TVL) in smart contracts has stagnated now for months, as per DeFi Llama, and its monthly transaction numbers continue to deteriorate, as per TZStats.Tezos (XTZ) Alternatives to ConsiderXTZ could well pump in the near future, but its outlook is marred by downside risks.For those looking for a better probability of near-term gains, an alternative high-risk-high-reward investment strategy to consider is getting involved in crypto presales.This is where investors buy the tokens of up-start crypto projects to help fund their development.These tokens are nearly always sold cheaply, and there is a long history of presales delivering huge exponential gains to early investors.Many of these projects have fantastic teams behind them and a great vision to deliver a revolutionary crypto application/platform.If an investor can identify such projects, the risk/reward of their presale investment is very good.The team at Cryptonews spends a lot of time combing through presale projects to help investors out.Here is a list of 15 of what the project deems as the best crypto presales of 2023.See the 15 CryptocurrenciesDisclaimer: 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.China Says Overseas Visitors Are Using e-CNY, Paying More Salaries with CBDC

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Ripple Pre-IPO Investment Frenzy For BeInCrypto’s latest Bitcoin (BTC) analysis, click here. Beginner's guide to cryptocurrency|DBS SingaporeLegal Status – This is one of the most debatable topics observed in the community. Some claim that there is no official law protecting the smart contract, even though it is considered a legally binding document. Just like the other limitations, this could be a hurdle for now. Ironically, a recent post shared by the market intelligence platform Santiment highlighted that 110,000 ETH, valued at $181 million, were withdrawn from crypto exchanges on October 5. While representing the largest daily outflow of ETH from exchanges since August 21, this move helped Ethereum’s price grow by 0.20% in just 24 hours.

Delegators, conversely, would become pool members, staking their assets with their chosen node operators. In this setup, Delegators gain the autonomy to select their preferred node operators. Nike’s new Web3 sneaker Palm oil set for more losses on China coronavirus, India import curbsThe announcement does not share much more detail other than stating that forthcoming updates, including information on the official launch date and guidelines for funding applications, will be revealed in the coming weeks. Notably, August was just a better month than July, in terms of the number of registered trademarks related to the metaverse. Having 258 and 214 new registered trademarks respectively, according to USPTO data.

Bitcoin’s layer 2 Lightning Network has seen an estimated 1,212% growth in two years, with around 6.6 million routed transactions in August, a significant jump compared with August 2021’s 503,000 transactions, according to data from the Bitcoin (BTC)-only exchange River. In an Oct. 10 report, River research analyst Sam Wouters explained the jump in routed transactions — which use more than two nodes to facilitate a transfer — came despite a 44% fall in Bitcoin’s price and considerably less online search interest.“‘Nobody is using Lightning’ should now be a dead meme,” Wouters said in an Oct. 10 follow-up X (formerlyTwitter) post, taking a shot at Lightning critics.“Nobody is using Lightning” should now be a dead meme.Launching a new #Bitcoin report from @River: How the Lightning Network grew by 1212% in 2 years ⚡It’s time to pay attention to the incredible work of so many people in the space Link below in the pic.twitter.com/FuGLwGHR4R— Sam Wouters (@SDWouters) October 10, 2023 However, immediately after concluding the call, the attackers initiated a series of ETH transfers from his wallet. Yyctrader admitted that his biggest mistake was opening the phishing link in the same web browser where his Friendtech wallet was actively running. When should I buy Bitcoin?In a significant development for the decentralized finance (DeFi) ecosystem, OKX Wallet has announced its integration with Morpho Protocol, a cutting-edge lending pool optimizer. This integration aims to empower crypto users with improved rates for both suppliers and borrowers while maintaining liquidity and risk parameters. That was the year Saiers, who’s only ever held Bitcoin, got involved in crypto. “I did want to inject some support back into the crypto community,” he said.

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