How many Dogecoins are left? - cyptoranking.com

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

2024-04-30

Popular crypto exchanges(2023 Update) 2024-04-30
Image: cyptoranking.com

Source: TradingViewThe XRP price has dipped by 2% in the past 24 hours, sliding back down to $0.522666 after rising in the wake of a federal court's denial of the SEC's motion to appeal the July ruling in its case with Ripple.XRP is now up by 4.5% in the past week and by 4% in the last 30 days, with the altcoin also having risen by 54% since the beginning of the year.This week's denial of the SEC potential appeal has left XRP in a strong position, solidifying the positive sentiment that emerged when Judge Analisa Torres ruled in July that the token is not, in and of itself, a security.And with the market also showing some signs of recovery earlier this week, XRP could be in for some big gains in the near future.XRP Price Prediction as $1 Billion Pushes XRP Above $0.50 Resistance – Here's the Next Level to WatchXRP's chart is in a mixed position, with its technical indicators neither particularly or particularly weak.Source: TradingViewOn the one hand, XRP's 30-day moving average (yellow) is still substantially below its 200-day average (blue), indicating that the coin remains oversold and so – in theory – should bounce back soon.On the other hand, the coin's relative strength index (purple) is sinking down from 60, and could either fall further or resume rising again soon enough.Weighing in favor of a more positive conclusion is the fact that XRP's support level (green) has risen steadily in the past few weeks, implying that the altcoin won't be falling much further anytime soon.It will, therefore be highly instructive to see whether XRP can resist a drop below its current support of around $0.51: if it can avoid such a fate, it may resume bouncing back soon enough.Either way, XRP's fundamentals received some much-appreciated reinforcement this week when Judge Analisa Torres denied the SEC's application for an appeal on certain aspects of her ruling from July.This appeal would have focused on programmatic sales of XRP (by Ripple) on exchanges, with Judge Torres originally ruling that such sales were not in violation of securities rules, because buyers had no reasonable expectations of profits arising from Ripple's efforts.And she has upheld this ruling once again, saying that there's no "substantial ground for difference of opinion" in the particular matter, leaving the SEC at a loss for how to proceed.This is a big win for Ripple, leaving it in a better position to continue expanding its business, something which can only benefit XRP.Accordingly, XRP is likely to rise to $0.60 in the next couple of weeks, before possibly hitting $0.75 by the final month of the year.New High-Return AltcoinsDespite XRP arguably being one of the strongest tokens in the market right now, much of its potential appreciation may be dependent on the market becoming more bullish overall.As such, traders looking for above-average gains right now would be better off looking to newer tokens that are still yet to have initial growth spurts, with presale coins, in particular, fitting this bill.Possibly the most exciting presale happening right now is that of Meme Kombat (MK), a new gaming platform that will AI-generate battles between meme characters and enable users to wager on their outcomes.The platform has already raised in excess of $300,000, a strong figure in view of how its sale has been open for barely two weeks.Yet this shouldn't be surprising, since what Meme Kombat is building is very novel within the cryptocurrency sector, given that no other platform launched to date has ever offered a platform for betting on computer-generated meme fights.This may seem like an unusual premise to some, but in a year when new meme tokens have often led market rallies, it's clear that Meme Kombat is tapping into a strong current within crypto.Promisingly, its native MK token will have a hard cap of 12 million MK, which is a very low figure in comparison with some meme tokens, and which should make the coin deflationary.50% of this supply will go to the presale, with another 30% going towards battle and staking rewards, something which should ensure a high level of engagement with the Meme Kombat platform.The token will cost $1.667 for the duration of the sale, which investors can participate in by visiting the official Meme Kombat website.And given that some meme token presales (e.g. Wall Street Memes) have resulted in big post-listing rallies, it's very likely that MK could be the next new meme coin to go large.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.Solana Price Prediction as $500 Million Trading Volume Comes In Amid Sam Bankman-Fried Trial – Which Way Will SOL Go? It is currently retesting the $27,500 support level, and a breakdown could lead to a further drop to the 50-day moving average in the short term. On the other hand, a bullish rebound and a break above the 200-day moving average could finally pave the way for the market to target the critical $30K resistance zone once again. How many Dogecoins are left?That's what the SEC wants to see. As seen above, the sell orders for Shiba Inu have now outpaced demand by more than 400 billion SHIB. This suggests that bearish traders are now in control of the market.

Exchange Rankings Crypto
Image: cyptoranking.com

Financial Inclusion: Retail stablecoins can play an important role in increasing financial inclusion, particularly in areas where traditional banking services are unavailable. Hong Kong's hesitation may stymie efforts to foster financial inclusivity via digital currencies. The most alluring part of building on the Neo blockchain was the accessibility the developer tools offered for Web2 developers building in Web3. In particular, the polyglot nature of the NeoVM made it possible for the team to build so quickly. Zhou said: How To Buy Cryptocurrency With N26Source: A video screenshot, Youtube/Entrepreneur MEBinance CEO Changpeng Zhao believes decentralized finance (DeFi) can outshine centralized finance (CeFi) during the upcoming bull run. On September 1, the crypto boss hosted a live X Spaces event, during which he expressed his belief that DeFi has the potential to surpass CeFi in terms of trading volumes. “I think the more decentralized the industry becomes, the better,” Zhao said, suggesting that it may not be long before DeFi overtakes CeFi trading volumes, as it currently stands at around 5% to 10% of CeFi volumes. “DeFi is the future; the volume is somewhere between 5% to 10% of CeFi volumes, which is not small right [...] the next bull run may very well make DeFi bigger than CeFi.“The prediction aligns with recent developments in the cryptocurrency market. Following legal actions by the United States Securities and Exchange Commission (SEC) against major centralized exchanges Coinbase and Binance, the trading volume of the top three decentralized exchanges (DEXs) increased by 444% in 48 hours. The current 24-hour trading volume on DEXs stands at $722,776,226.Zhao also commented on the recent dismissal of a class-action lawsuit against decentralized protocol Uniswap. He described it as a positive and logical decision, emphasizing the importance of regulatory clarity. As reported, on August 30, the judge presiding over the case said he found no grounds to proceed with the lawsuit against Uniswap. The verdict arrived after an extended legal process leading back to April 2021 that scrutinized the specifics of Uniswap's operations and their alignment with financial regulations.Developers Cannot be Held Reliable for Misuse of DeFi ProjectsDuring the X Spaces session, a user mentioned a judge's decision stating that developers cannot be held liable for the misuse of DeFi platforms. Zhao echoed this sentiment, stating that the protection of developers is a positive development for the industry. He emphasized that writing code is a form of free speech and should be protected.“Developers writing code, that code is free speech. So the development is really good,” CZ stated.Recent data indicates a shift in investment patterns, with venture capitalists reallocating funds from CeFi projects to invest in the growing DeFi sector. A March report from CoinGecko highlighted that digital asset investment firms invested $2.7 billion in DeFi projects in 2022, marking a 190% increase compared to 2021.In contrast, investments in CeFi projects decreased by 73% to $4.3 billion during the same period. The report suggests that DeFi is emerging as the new high-growth area in the crypto industry, while CeFi may have reached a saturation point.Meanwhile, Binance has recently told users to convert their Binance USD (BUSD) tokens to other stablecoins before February 2024.The exchange encouraged users to trade or convert their BUSD balances for First Digital USD (FDUSD) — a stablecoin launched in June by the Hong Kong-based trust company First Digital Group which had its debut listing on Binance.It is worth noting that the market cap of BUSD has taken a hard hit following the regulatory clampdown. Since the start of the year, BUSD's market cap has plummeted by over 80%, dropping from $16.13 billion on February 9 to its current value of $3.1 billion.Uniswap Class Action Dismissed in Landmark Ruling for DeFi Mounting debt and out of control inflation.

Chart from Blockchain.com Nike’s new Web3 sneaker Is India safe for cryptocurrency?Price analysis 9/4: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON Fairblock is hoping to make conditional decryption and pre-execution privacy a reality.

“We do not seek to regulate the AI market, but rather to find a balance between business interests and ensuring an adequate level of protection of citizens from AI risks. Before introducing legally binding regulation… we take into account global realities.” Finally, Uniswap will be collaborating with to Polygon by the end of 2022, making all V3 contracts go live on the Polygon PoS mainnet. How To Buy Bitcoin Using ATMThe emergence of Central Bank Digital Currencies (CBDCs) has ignited widespread interest, sparking enthusiasm among central bankers, generating curiosity within financial media, and fueling spirited debates in the Bitcoin community. Among cryptocurrency enthusiasts, opinions on CBDCs vary widely, ranging from viewing them as powerful tools for government surveillance and control to seeing them as desperate attempts by traditional fiat systems to maintain relevance. In this essay, we will explore the assertion that CBDCs are unlikely to attain widespread adoption, while bitcoin is poised to emerge as the dominant digital currency. Three pivotal factors support this argument: Bitcoin's open and permissionless nature, its first-mover advantage, and its user-centric monetary policy. From September 15, 2023 to October 8, 2023, the number of daily Ordinal inscriptions has dropped considerably.


Sister links

Sources

Bookmark-new.svg