Robert Kiyosaki Predicts Bitcoin Hitting $500K by 2025 and ... - cyptoranking.com

2024-04-30

Popular crypto exchanges(2023 Update) 2024-04-30
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In an Oct. 4 statement, the firm attributed the fall to approximately 600 petahashes (per second) of miners dropping offline due to a power utility mandated maintenance outage on Sept. 26.New SRBMiner-Multi 2.3.7 With Dynex (DNX) and Zilliqa (ZIL) Dual-Mining on Nvidia Bitcoin has now fallen since October 2, when it reached a high of $28,580. It is trading in the middle of a horizontal range. Where does it go from here? Robert Kiyosaki Predicts Bitcoin Hitting $500K by 2025 and ...In spot markets, a rising Gamma in options can have a ripple effect. When Gamma increases for options, market participants holding those options may have to adjust their positions more frequently to hedge their risks. Bitcoin (BTC) saw a snap retest of $27,000 around the Oct. 6 Wall Street open as wildcard United States employment data rattled markets.BTC/USD 1-hour chart. Source: TradingViewAnalysis: Jobs data “not what Fed wanted to see”Data from Cointelegraph Markets Pro and TradingView followed BTC price action as the largest cryptocurrency lost 2.1% in a single hourly candle.A subsequent rebound saw bulls recover those losses, with $27,700 — the area of interest from before the data release — now back in focus.The volatility came thanks to U.S. non-farm payrolls (NFP) jumping to almost double the number expected for September — 336,000 versus 170,000.Demonstrating the labor market’s ongoing resilience to the Federal Reserve’s counterinflation measures in the form of interest rate hikes, the implications of the September result were nonetheless viewed as bad for risk assets — including crypto. “Good news is bad news since the FED wants the labor market to lose strength,” popular trader CrypNuevo wrote in part of a response on X (formerly Twitter).“Given this increase, it surprises me that the unemployment rate stayed the same (3.8%). So I believe that the data will be revised down and it’ll be much lower.” Like others, CrypNuevo nonetheless eyed the increasing likelihood of another rate hike from the Fed at the November meeting of the Federal Open Market Committee.“The market understands this data as a new threat for a potential new 25bsp hike in November 1st (25% probabilities given yesterday vs 31.3% probabilities today),” he continued, referencing data from CME Group’s FedWatch Tool.“We have CPI on Thursday next week and that’ll hopefully give us a clearer view.” Fed target rate probabilities chart. Source: CME GroupCPI, or the Consumer Price Index, forms one of the key inflation indicators for Fed policy.Continuing, financial commentary resource The Kobeissi Letter suggested that pressure was now on both markets and the Fed itself.“Furthermore, the Fed pause was previously expected until June 2024, now a pause is expected until July 2024,” it reported on market projections for rate tweaks. “Market futures just fell 400+ points after the report. This is NOT what the Fed wanted to see.”Bitcoin open interest drainsLooking at Bitcoin’s specific reaction, popular trader Skew showed spot and derivatives traders exiting on the NFP print.Related: Bitcoin still beating US dollar versus ‘eggflation’ — Fed dataSpot sold & perps puked after the jump in NFP shorts chasing a bit more hereLikely PvP for rest of the morning https://t.co/7faaQLfur5— Skew Δ (@52kskew) October 6, 2023

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Another positive sign for Solana is the decreasing trading volume. While a drop in trading volume can be a cause for concern in some scenarios, in this case, it is a silver lining. The reason being that Solana is currently bearish on more local time frames but remains bullish on longer-term charts. A decrease in trading volume during a short-term bearish phase can indicate a lack of strong selling pressure, which can pave the way for a potential rebound.Why is Ethereum (ETH) price down today? The Ripple XRP price has increased August 17 and created a higher low on September 11. Are decentralized exchanges safe?In summary, while powerful, BitVM has some disadvantages stemming from data demands, lack of scalability, privacy issues, and participation requirements. However, it is still down 48.5% from 2021’s close, just before the start of the bear market, when the local crypto market was valued at 55.4 trillion won (US$40.9 billion).

As a co-founder of the Ethereum blockchain, Joe Lubin’s footprint is all over the world of crypto. In a follow-up tweet, Lead Engineer Alberto Cuesta Cañada thanked “everyone for all your support during these years.” Crypto in Africa: new point of sale payments and fiat ...Star Atlas CEO Michael Wagner previously told Decrypt that developers can use SAGE Labs to build their own UI or modify the game’s mechanics to create their own experience. IYK’s recent fundraising is noteworthy in light of the tough funding environment for blockchain startups prevailing today.

Recently, Binance unveiled a program that enables holders to exchange their points for exclusive meet-and-greet opportunities with their favorite athletes. Southern District of New York senior judge Lewis Kaplan is expected to rule on the motion Tuesday morning before cross-examination on Wang resumes. Kaplan has so far expressed growing frustration with the defense’s “repetitive” nature of questioning and attorneys’ tendency to make these late-night motions. Cryptocurrency Market Update in Sinhala|Technical AnalysisA bearish breakthrough below the $0.000007164 support level might lead to a test of the next support level at $0.000007100 for SHIB. However, if the bulls retake control and push the price over the resistance at $0.000007236, it might imply a bullish continuation with the next target at $0.000007300. Meanwhile, BeInCrypto reported that last year, FC Porto fans could choose a meet-and-greet location with their favorite players.

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