DOTUSDT - Polkadot/Tether Price Chart-TradingView - cyptoranking.com

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

2024-05-13

Popular crypto exchanges(2023 Update) 2024-05-13
Image: cyptoranking.com

The price of Bitcoin plunged below $40,000 due to global economic factors that emerged after the Ukraine-Russia war.Also, the collapse of Terra-Luna and its stable coin UST made the Bitcoin price fall more steeply. Whether ETH, alongside other altcoins will experience a price decrease, time will tell. But currently, it’s looking like another nosedive won’t be avoided. DOTUSDT - Polkadot/Tether Price Chart-TradingViewWhy is Ether (ETH) price up today? Aside from opening up new avenues for cleaning dirty funds, swapping of chains creates headaches for investigators, says BLIN’s Data.

Exchange Rankings Crypto
Image: cyptoranking.com

"In aggregate, Ethereum ETPs only attracted a meager plus $0.9 million in net inflows last week despite the debut of these new ETFs. In comparison, net inflows into Bitcoin ETPs amounted to plus $85.4 million last week," Dragosch added. In August, the London-based institutional crypto exchange outlined plans to expand its offerings with Solana and Litecoin. The platform also announced support for trading pairs against USDC and GBP. Initially, Archax offered trading pairs for Bitcoin and Ethereum against the US dollar. Trading Platform eToro Gains New York BitLicense to Provide Crypto ServicesSAGE Labs saw 1,442 active players on Sunday, each making roughly 1,590 transactions apiece. That’s a staggeringly high number of transactions for one player—but it’s because of how the game was designed. Red is also the dominant color of the Avalanche layer-1 blockchain where the DEX was first launched.

For instance, Bitcoin bought at $50,000 and sold for $70,000 has seen a trading profit of $20,000. August PCE Inflation Data: Federal Reserve's Key Measure Dips, Easing Market Concerns Switzerland's financial regulator extends reporting requirements for crypto transactionsThe RSI has traded very close to the 50 trendline since August (green circle), indicating an undetermined trend. Losses to Web3 projects increased dramatically in the third quarter of this year, as compared with Q3 2022, according to a recent report from security platform Immunefi. Attacks rose from 30% to 76% year-on-year, and losses reached close to $686 million in Q3 2023. The biggest loss in that period was from the Mixin hack on Sept. 25. At 21:25 UTC, a spokesperson for Galxe contacted Cointelegraph to provide a statement that she said would later be posted on X. The statement read, “The Galxe website is offline. We will bring it back online once the correct DNS records are propagated globally. Your funds and information are safe as long as no approval of any transaction on Galxe has been made in the past 8 hrs. […] We took back the domain ownership at 9am PST, October 6th, and enhanced the security protection of the account with [domain registrar service] Dynadot. […] In our efforts to address this situation, we have engaged with the appropriate law enforcement authorities. Magazine: $3.4B of Bitcoin in a popcorn tin: The Silk Road hacker’s storyUpdate on Oct. 6, 21:45 UTC: This article has been updated to include a statement provided by Galxe.Wirex taps ZK-proofs for noncustodial crypto debit card issuance

“But at the end of the day,” he says, “it’s not actually that complicated. You just make a really great game. Gamers will start to play it and they’ll just start to interact.” Looking at the 4-hour timeframe, the $27,500 support level appears to be on the verge of a breakdown. The RSI indicator is also showing values below 50%, suggesting that the momentum is now in favor of the sellers in this timeframe. How to Buy Cryptocurrency: What Investors Should KnowAddressing these challenges is not just a task for individual companies but requires a collaborative effort involving regulators, financial institutions, and technology providers. It's an exciting yet complex journey. However, recent trends suggest that its upward trajectory might be under threat. Since February 2023, Ethereum whales, typically large holders with significant influence on market movements, have been consistently cashing in on the elevated prices. Their actions have led to the offloading or redistribution of over 5 million ETH, translating to an approximate value of $8.5 billion.


Sister links

Sources

Bookmark-new.svg