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2024-05-11

Popular crypto exchanges(2023 Update) 2024-05-11
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As Decrypt previously reported, Meta announced major strides in multimodal AI combining vision, language, speech, and other capabilities at Meta Connect. This includes AI companions like the personal assistant MetaAI which pairs with the company’s upcoming smart glasses. Users can interact conversationally with MetaAI as it identifies real-world objects and accomplishes tasks hands-free. What we do want is to feed into those experiences, helping grow the existing scene by opening it up to many more players, brands and publishers. For teams and brands, Ultra Arena will nurture more esports fans and provide more ways to activate fans pre and post-event with the help of blockchain technology. This could be unlocking access to an exclusive in-game digital collectible through attending the event itself or sponsor-branded skin being airdropped to you for watching on Twitch. Extending fan engagement will ultimately add value for all key stakeholders and support the journey to sustainable profitability. Buy USDT with Credit or Debit Card ? NexoMarket Access  Cryptocurrency analysis company Kaiko analysts examined the reasons for this situation in their latest report.

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3 reasons why Solana (SOL) price is up this week On the other hand, 10,000 On-Chain integrates all the CryptoPunks onto one sheet measuring 60-by-60 inches, making it readily available to anybody with an internet connection and $500 to spend. The initiative lets users own a part of the whole collection tangibly. Will Bitcoin hit $10,000?According to analysts, ETH has significantly underperformed the overall market since the Merge event, with both ETH/BTC price and volume ratio trending downward over the past year. Ripple's Offensive Strategy: Ripple has not only relied on defense. The corporation has gone on the offensive, submitting Freedom of Information Act (FOIA) requests to seek internal records and communications from the SEC. Ripple has investigated whether the SEC was clear about XRP's regulatory status.

The Chinese government and the PBOC have been pushing for adopting the digital yuan in several payment scenarios across China. In September, the PBOC implemented a QR-based interoperable standard compatible with multiple payment systems, including the digital yuan. Jinan implemented digital yuan payments for transportation fares after conducting a limited pilot in July. Never send money, trade, or invest based on the advice of someone you have only met online.Do not talk about your current financial status to unknown and untrusted people.Do not provide your banking information, social security number, copies of your identifications, such as passports, or any other sensitive information to anyone online or to a site you do not know is legitimate.If an online investment or trading site is promoting unbelievable profits, it is most likely that — unbelievable.Be cautious of individuals who claim to have exclusive investment opportunities and urge you to act fast. Crypto exchange Coinstore launches futures credit featureDisclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.Bitcoin and Ethereum continue to dominate the market uncontested. But their performance over the last few months has been lackluster. Do they have what it takes to give generous returns to investors this year? Or, is it time for investors to start looking for emerging alternatives like eTukTuk for that 10X price surge? Here is an analysis. Can Bitcoin Price Climb to $50K in 2023? The Bitcoin price has been hovering below $30,000 over the past couple of months. But long-term investors are optimistic that a potential price reversal is just around the corner. They’re not completely wrong. Bitcoin appears to be slowly regaining its footing, and the Bitcoin halving event scheduled for April 2024 is likely to play a key role in shaping its price trajectory.According to analysts, Bitcoin could climb to as high as $100,000 in the weeks leading up to this event. Investors are expanding their BTC portfolio and cherishing this dream.Bitcoin 1-year price action, CoinMarketCapBut such a rapid ascent to $100,000 is unrealistic. If BTC were to hit $100,000 by April 2024, it should have begun the climb long back. That has led a substantial portion of analysts to predict a more conservative target of $50,000 for BTC.There are also less popular opinions that BTC could experience a significant dip, potentially to as low as $20,000, ahead of the halving event. High-cap assets like BTC are losing their grip among young investors who have faced losses since 2021. BTC’s price trajectory in the coming months will be crucial to its journey ahead. If it fails to cross the $40,000 mark by the year's end, a cascade of sell-offs may follow.Ethereum will Flat-Line into 2024ETH has to be one of the most disappointing cryptocurrencies of 2023. Despite the growth of the underlying blockchain and its unrivaled dominance, ETH has not managed to target a price point above $2K.Ethereum 1-year price action, CoinMarketCapIt is likely to flat-line into 2024, as a result. But if the broader market perks follow in the lead of Bitcoin, Ethereum will also benefit from the enthusiasm. In that case, it has the potential to climb anywhere from 25% to 30% up the charts. But whether or not it will be able to retain the price surge depends on a wide range of factors. The general market environment plays a key role in that. ETH investors targeting anywhere above $2K are going to be disappointed, however. eTukTuk Provides HopeeTukTuk is one of the most promising cryptocurrencies to enter the market this year. The utility-first project is led by the vision to introduce a rich EV infrastructure to developing economies. It is widely touted as the Tesla of developing nations for the same reason. The best that established cryptocurrencies like Ethereum and Bitcoin can hope in a year is 50% to 100% above their current price. Robust new cryptocurrencies like eTukTuk, on the other hand, have the potential to complete that trajectory in less than a few days. eTukTuk, being still in the presale phase, provides a large room for growth. High market relevance Developing economies stand to gain a lot from the shift to electric vehicles (EVs). To begin with, their large traffic congestion leads to higher levels of air pollution. EVs, being powered by greener electricity, leave less carbon footprint. The reduced operational and maintenance cost associated with EVs is another benefit. Local drivers can benefit from up to a 400% surge in income by switching to eTukTuk.But the affordability of EVs remains a considerable challenge for people living in developing countries. EVs require higher initial capital than their traditional, carbon-intensive counterparts. Moreover, private vehicle ownership remains an elusive dream for the majority of them. Here, public transportation options like buses, trains, metros, and Tuk Tuks are the norm. Three-wheeler taxis called Tuk Tuks strike a perfect balance between affordability and convenience. But they emit more CO2 than the average car and are a major contributor to air pollution. How eTukTuk makes a difference Here are the key features of eTukTuk:A streamlined design comprised of fewer than 200 components enables local manufacturing. That, in turn, cuts down their initial capital investment.Prioritizes safety with patented roll cage designs and the use of LFP batteries.Cutting-edge AI solutions boost driver efficiency, optimize routes, ensure efficient battery consumption, and accurately predict recharging schedules.eTukTuk operates within a peer-to-peer economy that rewards all participants – Territory Partners, Drivers, and Power Stakers.The project also has a play-to-earn game in development that offers users an additional source of income from the comfort of their homes.How high can TUK go?TUK is the native crypto of eTukTuk that is now selling for its presale price. That gives users an attractive opportunity to buy the token before it hits public exchanges and take advantage of its upcoming price surges.TUK works best as a long-term investment with the potential to surge 80X to 100X in a year. FOMO gives it short-term growth potential, ranging from 1500% to 2000% this year. VISIT $TUK TOKEN SALEBitcoin Dips Under $28K; Ether ETFs Lack Spark; InQubeta Presale Smashes $3.5M What is the Next Cryptocurrency to Explode in 2023? Top 16 Contenders

The revolutionary fuse mechanism of the Trantor Network integrates many security measures to secure assets during transfers. Trantor Network now permits indigenous non-fungible tokens (NFTs) to flow seamlessly between different Ethereum Virtual Machine (EVM) chains. It includes Binance Smart Chain (BSC), Optimism (OP), Ethereum (ETH), and others. Conversely, Manchester City and crypto exchange OKX introduced a metaverse initiative. The initiative allows fans to further engage with the club and win exclusive prizes. Crypto Mining from Home in 2023PoET is quite different from all of the pre-mentioned consensus algorithms. Here, the mining of blocks takes place through the fairest means, where every validator in PoET gets a fair chance to mine their block. Source: Adobe / lumerbEthereum’s layer 2 networks have gained significant traction in the past few years as developers seek faster and cheaper solutions to interact with the blockchain.According to a new report released by blockchain intelligence firm, Messari, layer 2 solutions recorded 61% of the entire Ethereum (ETH) transactions in Q3 2023.The State of Ethereum report explored how the blockchain and cryptocurrency fared in the last three months, notably around prices, adoption of layer 2 networks, asset dominance, network upgrades, etc.Layer 2 solutions are separate networks that help developers build on Ethereum’s mainnet. The need for these solutions grew as a result of the congestion of Ethereum resulting in the need to scale, reduce fees, and expand use cases. Messari cites Base and Friend.tech Kunal Goel, a research analyst at Messari opined that the increased adoption of layer 2 transactions in the third quarter of this year is largely a spin-off from the growing adoption of Base.Since the launch of Base in August, it has lived up to its expectations with growing transactions and use cases and temporarily recording more activity than the mainnet at one point.The network boasts $442 million in total value locked (TVL) within months which takes it into the top four layer 2 solutions. According to its developers, Base differs from the rest because it was built solely for developers without a native token as native governance assets in most cases distort the work done on the network. “We want folks to see Base as kind of an opportunity for growth and expansion. But we also think it's really important that we incubate, and curate a Base native community where folks who are really building base first, and creating for this new kind of world,” Jesse Pollak, Director of Engineering, Coinbase.Taking many transactions to layer 2 was Friend.tech, a social token-driven platform that gained significant traction generating millions of dollars within a short period.Goel noted that Base was in a pole position as it capitalized on Friend.tech launch on its network.Arbitrum and Optimism post positive resultsArbitrum remained the biggest layer 2 solution in the third quarter, averaging 600,000 daily transactions, a wide 200,000 gap from Optimism. Although Arbitrum is on top of Ethereum’s layer 2 networks, Base and Optimism have taken off 36% of its market share as they continue to focus on community engagement and lure more projects to their platforms.While Arbitrum has a TVL of $4.2 billion, Optimism records $1.27 billion. Despite the growth of layer 2, Goel adds that the market still wears a bearish outlook so caution should not be ignored.In Q3, Ethereum outperformed Bitcoin by 2% in terms of price growth although its market capitalization declined 10%. Israeli Authorities Freeze Crypto Donation Accounts Linked to Hamas


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