Beginner's Guide to "Investing in Cryptocurrencies" - cyptoranking.com

2024-05-05

Popular crypto exchanges(2023 Update) 2024-05-05
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However, “Bitcoin price won’t double overnight,” the day after the halving, he added. Double spending might occur, for instance, if someone had one Bitcoin (BTC) and attempted to transmit it in two separate transactions to two different receivers. By guaranteeing finality, blockchain technology prevents this from happening. Once a transaction is confirmed and recorded on the blockchain, the digital asset is deemed spent and cannot be used in any further transactions. Beginner's Guide to "Investing in Cryptocurrencies"DeFi Landscape OverviewLiquid Staking is the dominant DeFi category with $20B TVL. The new DeFi trend, #RWA, showed a TVL increase of 84.6% over the past 30D.TVL in #DeFi remains highly concentrated on #Ethereum ($55B TVL). pic.twitter.com/g5bvkO7OAr Ripple's Chief Financial Officer Kristina Campbell has left the company after about two and a half years.

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Per an official release from the Santa Catarina civil police force, officers were issued with eight arrest warrants and four “search and seize” permits last week. Source: TradingViewThe XRP price has risen by 1% in the past 24 hours, with its move to $0.523743 coming as the cryptocurrency market as a whole increases by just over 3% today.XRP is now up by 6% in a week and nearly 6% in the last 30 days, with the altcoin also having appreciated by 54% since the beginning of 2023, a year which saw Ripple gain a largely positive result in its case against the SEC in mid-July.And with the wider market seemingly beginning what may be a medium- or long-term recovery, XRP may be in for further gains in the coming days and weeks, helped onwards by Ripple's ongoing expansion as a company.XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy?XRP had been threatening to recover from recent losses for a long while, and it now seems that it has finally begun what may be a sustained rebound.Source: TradingViewIts 30-day moving average (yellow) has just begun rising ever so slightly towards its 200-day average (blue), and it's likely that it will begin climbing more steeply in the next one or two days, with its crossing of the longer-term average potentially signaling a breakout.Likewise, XRP's relative strength index (purple) has risen close to 60 today, representing a marked increase in momentum after several weeks spent close to 30, in what was a very oversold position.And what's encouraging about the RSI's rise is that it still has plenty of space to continue rising before XRP becomes overbought.XRP is rising today because of the market-wide rally that began over the weekend, possibly as a result of the US Congress agreeing a last-minute spending bill that would avoid a damaging government shutdown.Regardless, it seems that buyers have begun accumulating XRP again, although newcomers should be mindful that some whales may potentially use the current recovery to dump some of their bags.In other words, XRP may dip one or two times in the short-term en route to a longer term recovery, which could end up with the altcoin returning to $0.60 in the next few weeks.The coin's fundamentals certainly remain good enough for it to post a sustained recovery, given that it continues to benefit from the fact that Judge Analisa Torres declared in mid-July that it is not in itself a security.This ruling enabled US-based exchanges to relist the tokens, while it has also paved the way for Ripple to resume expanding its cross-border transfer business a little more aggressively.Indeed, the past few weeks have seen the company sign a number of new partnerships and make some important acquisitions, including that of Web3 infrastructure provider Fortress Trust in early September.Such developments put Ripple in a good position to expand healthily in the coming months and years, and with it XRP could easily regain many of its former levels.This includes $1, with the appearance of a full-blown bull market in 2024 likely to push the altcoin up towards $2 or $3.Alternative Altcoins for Market-Beating GainsXRP is likely to mount some serious gains sooner or later, yet holders may have to wait until a fully-fledged bull market before this actually happens.In the meantime, many traders may be better off buying into newer altcoins, which still have yet to have posted initial rallies, including presale coins that could easily surge once listed on exchanges for the first time.A good example of such a token is TG.Casino (TGC), an Ethereum-based casino platform that has raised more than $300,000 since opening its sale last week.TG.Casino is an online gaming platform and casino that also has a big presence on Telegram, using the social network/messaging app to tap into some of the large communities that already operate and communicate there.In contrast to some of the more unfortunate examples of presale tokens that essentially amount to vaporware, it's encouraging to note that TG.Casino has already launched its platform.On it, gamers and gamblers will be able to play a wide variety of video games and more traditional casino-style experiences, with rewards being earned in the form of TGC, the platform's native token.TGC will come with a total maximum supply of 100 million tokens, with 40% of this supply going to the presale, 20% going to staking rewards, 20% going to DEX liquidity, and 10% to gaming rewards (another 10% will go to marketing and affiliates).Interested investors can join the sale by heading over to the official TG.Casino website and connecting their wallets, with 1 TGC costing $0.125 for the entirety of the sale.Once the offering has ended, TGC will list on trading platforms, where it could potentially surge.Visit TG.Casino 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.Dogecoin Price Prediction as DOGE Becomes Top 10 Crypto in the World – Is $1 DOGE Possible in 2023? Best Crypto Trading Apps in India for 2023In scams, the person would often remind potential victims about huge winnings, and what they could do with the huge sum. If a victim is hesitant about investing huge amounts of money, the scammer will convince them that more can be raked if the initial investment is already hefty. This popular scam technique takes advantage of one’s innate greed and desensitizes the victim to invest amounts they are initially uncomfortable with losing. AWS and Microsoft Face UK Competition Probe Over Cloud Dominance

Nouns DAO, which mints one NFT every day and uses the funds to advertise the project, instituted forking in May as a form of minority protection. So far, 62 Nouns, or about 20% of treasury’s holdings, have joined the fork, which finalizes Wednesday morning. The early outflows totaled 2035.49 ether, worth around $3.2 million at the time of writing, and will add to the more than $27 million lost in the first fork. The relatively lackluster performance of nine new Ether (ETH) futures exchange-traded funds (ETFs) has prompted analysts at K33 Research to urge a “rotate back” into Bitcoin (BTC).In an Oct. 3 market report, analysts Anders Helseth and Vetle Lunde said that it’s “time to pull the brakes on ETH and rotate back into BTC,” with the initial trading volume of Ether futures ETFs only accounting for 0.2% of what the ProShares Bitcoin Strategy ETF (BITO) amassed on its first day of trading in October 2021.While the analysts noted that no one expected to see initial trading volume on the Ether futures ETFs “come anywhere close” to that of the Bitcoin futures ETFs — launched amid a raging bull market — the underwhelming first-day numbers “strongly” missed expectations.Day one trading of ETH futures ETFs accounted for just 0.2% of what BTC futures ETFs amassed in 2021. Source: K33 ResearchThis lack of institutional appetite for Ether ETFs caused Lunde to walk back on his previous advice of increasing ETH allocation to best capitalize on the ETF hype.“The ETH futures ETF launch provides an important lesson for evaluating the impact of easier access to crypto investments for traditional investors: increased institutional access will only create buying pressure if significant unsatiated demand exists,” wrote Lunde.“This is not the case for ETH at the moment.”In the section of the report titled “More chop ahead,” Lunde explained that the vast majority of the crypto market lacks any meaningful short-term price catalysts and will most likely continue on its sideways trajectory for the foreseeable future.Related: Bitcoin bull market awaits as US faces ‘bear steepener’ — Arthur HayesIn Lunde’s view, this landscape is only really favorable for Bitcoin, which has a potential spot for ETF approval to look forward to early next year, as well as the halving event, which is currently on track for mid-April.“The gravitational pull in crypto for the time being stays in BTC, with a promising event horizon down the line, still favoring aggressive accumulation.”Ben Laidler, global markets strategist at eToro, charted a similar path ahead for crypto assets, albeit with a slightly more bearish sentiment.In emailed comments to Cointelegraph, Laidler pointed to current macro trends as a potential downward trigger for prices of mainstay crypto assets such as Bitcoin.“The Fed and oil prices have been consistently powerful macro influencers on the crypto market in the past couple of years,” wrote Laidler. “At the late stage of the rate hike cycle we’re in, the market is looking for further good news to push on, but with oil prices rising again, this could have a cooling effect on sentiment.”Collect this article as an NFT to preserve this moment in history and show your support for independent journalism in the crypto space.Magazine: Blockchain detectives — Mt. Gox collapse saw birth of Chainalysis Can US citizens use Binance?The hacker responsible for stealing over $400 million from FTX and FTX US in November could be using the hype around Sam Bankman-Fried’s fraud trial to further obfuscate the funds, says CertiK’s director of security operations Hugh Brooks. Community Notes helps correct misconceptions on posts to provide helpful context on claims that might be misleading. As a fast-growing concept, the potential shield of ads from being noted is a move that is being closely watched and might draw criticisms moving forward.Amazon and Immutable Want to Make it Easier to Launch Crypto Games

After the collapse of FTX, CZ Zhao, founder of Binance, initiated the Industry Recovery Initiative (IRI) with a goal to raise $1 billion for struggling crypto startups. However, the project’s execution has not lived up to the grand vision. This feature was described by Benny Giang, co-author of the proposal that revealed ERC-6551, as “token bound accounts” (TBAs). Comparing Caged Beasts, Bull Pepe, & WuuTrade for the ...“We want to build something that gives the freedom to users to optionally keep their transactions and protect the contents of the transactions. Transactions can be decrypted under certain conditions, such as a deadline or specific prices,” he said. According to data from analytics company Dune Analytics, decentralized social network Friend. tech reached a significant milestone by surpassing $50 million in total locked value (TVL) on October 1st.

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