What's in your e-Wallet? - cyptoranking.com

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

2024-04-27

Popular crypto exchanges(2023 Update) 2024-04-27
Image: cyptoranking.com

This news comes shortly after Bitmain's conference in Hong Kong, where it unveiled its latest product, the S21 Bitcoin mining device. This launch was highly anticipated within the crypto community, as Bitmain continues to play a key role in the rapidly evolving crypto mining industry. Seven reputed companies are actively developing blockchain games. What's in your e-Wallet?Later in the thread, another veiled shot at critics. "It's especially galling because some competitors have internal trading desks that are an (open) secret, which specifically use confidential customer information to manipulate their own markets," Bankman-Fried wrote. While Michael Lewis is renowned for creating compelling characters, his portrayal of crypto leaders may inadvertently contribute to misconceptions about the industry. For those considering crypto as a new asset class, it’s crucial not to conflate FTX with the broader crypto ecosystem or SBF with the diverse leaders in the space. Conduct your research, and compare Bitcoin’s historical performance with traditional indices like the S&P 500 before making investment decisions.

Exchange Rankings Crypto
Image: cyptoranking.com

NameBitcoinTickerBTCConsensus ProtocolProof of Work (PoW)Block TimeApproximately every 10 minutesMining Rewards6.25 BTC every blockCurrent All Time High$68968 in November 2021Maximum Supply21,000,000 BTC 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? Multibook-Multiple Crypto Exchanges In One ChartRetired NFL players will have an opportunity to tap into new revenue streams, including NFT collectibles for fans, through the NFL Alumni Association’s new partnership with Aventus. The firm, which operates a Polkadot parachain, will leverage the name, image, and likeness of retired players to create NFTs of those who opt into its new offering. The XRP and the border crypto communities may see another chance to invest in Ripple equity before the prominent payment firm eventually goes public with an initial public offering (IPO).

If this is the case, there might be a different outcome to the altcoin’s performance this year when compared to 2019. This could suggest that the ETH / BTC valuation might not suffer as much as Cowen anticipates. Members of the alliance supporting Crypto Aid Israel include prominent entities like Fireblocks, MarketAcross, Collider Ventures, CryptoJungle, and the Israel Blockchain Association.Binance users in Hong Kong lose $450K in wave of fraud texts: HK police Coinbase Launches Crypto Derivatives Exchange, Except Non-U.S. UsersA thread 🧵 covering what you need to know about our game, ecosystem, & team. Base dominating the DeFi space

The disconnect between crypto natives and traditional brands—and their customers—has been raised many times before. Based on the sentiment at the event, the communication gap isn’t anywhere near bridged. And the data supports such a discrepancy. SYNTHR, renowned for its technical prowess in supporting synthetic omnichain assets, aims to revolutionize liquidity access for users across ecosystems. Next Big Crypto To Buy in 2023|Top New Cryptocurrency ...Now, some $7 million of the funds are at risk of loss, Warbler disclosed. Fast Facts


Sister links

Sources

Bookmark-new.svg