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2024-05-04

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Youtube / Claycore ProductionsIn the latest on-chain moon-shot Blinky Red Ghost (BLINKY), a meme coin reference to the classic Pac Man game, has exploded +500% in a dramatic skyrocket captivating DEX markets.Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless pump-and-dump moon-shots, including BDOGE, APX, FTX, Thing and шайлушай.The token appears to be driven by a dev called BlinkyRedGhost, and the token went live through a huge $100,000 airdrop to early backers - igniting a frenzy of interest on Crypto X.BLINKY Price Analysis: How High Can Blinky Red Ghost Climb?Amid the moon-shot move, BLINKY is currently trading at a market price of $0.00004463 (representing a 24-hour change of +502%).Launch on the afternoon of October 4, BLINKY saw slow traction in the first 24-hours of trading - with price pushing up a muted +15% during initial trading.DEXtools / BLINKY USDTHowever, catalyzed by the successful airdrop - price action ignited into a frenzy at 14:00 on October 5 - as a sudden +50% hourly candle triggered a major influx of almost $1m worth of trading volume.This huge flood of capital sent price flying +500% across the following 4-hours as more than 250 holders took position in the unfurling skyrocket move.With BLINKY's market cap now sat impressively high fir such a young project at $347k, more growth seems likely here, and this is evidenced by a well-defended consolidation above the $0.00003 price level.This morning, price has bounced out of strong local support to post a new all-time high at $0.0000485.DEXtools / BLINKY USDTSupport here could trigger a move up to the $0.00006 price level (a potential +33.5% move).While downside risk here could see price return to $0.00003 (a possible -32.17% drop).Overall then, Blinky Red Ghost is currently facing a risk: reward ratio of 1.04 - a make-or-break entry on the short-time frame.But while DEX traders are exercising the extremes of risk management, smart money are playing it safer with an emerging Bitcoin mining presale that offers retail investors the chance to take a share in mining revenues.Discover Bitcoin Minetrix as BTC Cloud Mining Surges Past Half-Million RaisedSource / BTCMTXBitcoin mining, long seen as a domain dominated by colossal corporations with their deep pockets and access to state-of-the-art equipment, is undergoing a transformation.Bitcoin Minetrix aims to ensure this lucrative venture is not just confined to the elites but is accessible to everyone.How? By rewriting the rules of mining through its innovative Stake-to-Mine model.In a move aimed at side-lining energy-guzzling equipment, Bitcoin Minetrix provides an avenue where BTCMTX token holders can stake their tokens to receive mining credits.These credits unlock the door to efficient Bitcoin cloud mining, making the process sustainable, secure, and, importantly, within everyone's reach.And so far the BTCMTX presale has been an undeniable success, with more than $589,000 raised in the first week.Here's Why BTCMTX is Set to Explode Upon LaunchInitiating their ICO with a starting price tag of just $0.011 for the BTCMTX token, Bitcoin Minetrix isn't asking for a fortune but an opportunity.An opportunity for investors to be a part of a transformation that could very well redefine the Bitcoin mining landscape.And if the initial figures are anything to go by—with the project raising $115,000 within a day of the ICO announcement—investors are eager to hop on board this mining juggernaut.What’s even more compelling is that this is not just an investment in a token but in a future-proof concept; a concept that merges the best of both worlds: staking and mining.The results? Large APYs and rewards in the form of BTC, all without the traditional barriers of hefty investments and technical know-how.How Does BTCMTX Ensure Security and Transparency?Source / BTCMTXThe crypto world, unfortunately, has had its fair share of scams, especially in the cloud mining sector and this is where Bitcoin Minetrix departs from the norm.Not only does it provide a transparent mechanism of mining but it also empowers its investors. How? By ensuring they have constant control over their staked tokens and the flexibility to un-stake whenever they deem fit.No hidden clauses, no fine print, just straightforward staking and mining.Furthermore, for those concerned about the safety of their investment, the BTCMTX smart contract underwent meticulous auditing by Coinsult, a respected blockchain security entity. The verdict? Clean as a whistle.Bitcoin Minetrix stands tall, not merely because of its unique proposition but its commitment to making Bitcoin mining a universal venture.With just a minimum investment of $10, it's demolishing the barriers to entry, proving that you don't need millions to be part of the mining elite.For those seeking to ride the next wave of crypto innovation, the Bitcoin Minetrix presale is an avenue worth exploring.In a world where Bitcoin's derivatives are gaining traction, this is a project that not only promises returns but also champions the democratization of Bitcoin mining - a true game-changer in every sense of the word.Buy BTCMTX HereDisclaimer: 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.Israel-Hamas Conflict Shakes Global Markets: Emerging Stocks and Crypto Slide, Oil and Metals Surge However, the price is currently within a critical range, suggesting a potential consolidation scenario in the mid-term. How do I create a US Coinbase account in Nigeria?If bears break through the $0.0000006967 support level, it might lead to further selling pressure with the following support levels at $0.00000065 and $0.00000060. In contrast, a recovery to $0.00000075 and $0.00000080 is possible if bulls can hold off the bears at the present support level. In a new strategy session, crypto analyst Benjamin Cowen tells his 787,000 YouTube subscribers that Ethereum is likely to collapse by the end of the year.

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*This is not investment advice.IoTeX launches confidential computing hardware stack Bitcoin (BTC) has been trading between $25,333 and $26,156 since Sept. 1. Typically, a volatility squeeze is followed by an expansion in volatility, but it is difficult to predict the direction of the breakout with certainty.CoinGlass data shows that Bitcoin has fallen for six consecutive years in September. This historic data could keep the bulls at bay in the near term and embolden the bears. Additionally, the U.S. Dollar Index (DXY), which has an inverse correlation with Bitcoin, has risen sharply in the past few weeks. Both these suggest that Bitcoin could remain under pressure in the short term.Daily cryptocurrency market performance. Source: Coin360It is not all gloom and doom for the crypto bulls because lower levels are likely to attract buyers. The prospect of one or more Bitcoin spot exchange-traded fund applications receiving approvals may limit the downside. Several analysts believe this event to be hugely bullish for Bitcoin. Any positive news in this regard may prop prices higher.From a macro perspective, it looks like there may be near-term weakness, but lower levels are likely to be purchased. What are the important support levels to watch out for? Let’s study the charts of the top 10 cryptocurrencies to find out.Bitcoin price analysisBitcoin has been trading below $26,000 for the past two days, and the bears are trying to tug the price toward the vital support at $24,800. BTC/USDT daily chart. Source: TradingViewThe downsloping moving averages indicate an advantage to sellers, but the developing positive divergence on the relative strength index (RSI) suggests that the bearish momentum could be weakening. Buyers will have to drive and sustain the price above $26,833 to start a relief rally to the 50-day simple moving average (SMA) ($28,048). Such a move will suggest that the price may remain stuck inside the large range between $24,800 and $31,000. Meanwhile, the bears are likely to have other plans. They will try to sink the price below the $24,800–$24,000 support zone. If they manage to do that, the selling could accelerate, and the BTC/USDT pair may plunge to $20,000.Ether price analysisThe long tail on Ether’s (ETH) Sept. 4 and 5 candlestick shows that the bulls are buying the dips below the immediate support at $1,626. However, there is no follow-up buying at higher levels. ETH/USDT daily chart. Source: TradingViewThis means that the bears are selling on rallies near $1,650. This narrow-range trading is unlikely to continue for long. If the price plummets and maintains below $1,600, it will indicate that bears have seized control. There is minor support at $1,550, but if it crumbles, the ETH/USDT pair could nosedive to $1,368.On the upside, the bears are expected to fiercely defend the zone between $1,650 and the 20-day exponential moving average (EMA) ($1,674). If buyers overcome this barrier, the pair could soar to the 50-day SMA ($1,772). BNB price analysisBNB (BNB) has been trading below the important level of $220 for the past few days, but the bears have failed to capitalize on this opportunity.BNB/USDT daily chart. Source: TradingViewThis suggests that selling dries up at lower levels. That could keep the BNB/USDT pair stuck between $220 and $200 for some time. A tight consolidation below the breakdown level increases the possibility of a further slide. If the $200 support cracks, the pair could resume its downtrend. The next major support on the downside is $183.If buyers want to launch a comeback, they will have to kick the price above $220. That will indicate solid buying at lower levels. The pair may then attempt a rally to the downtrend line.XRP price analysisXRP (XRP) has been clinging to the $0.50 support for the past few days. The failure to start a strong rebound off it increases the likelihood of a downside breakdown.XRP/USDT daily chart. Source: TradingViewA break and close below $0.50 will indicate that the XRP/USDT pair may extend its stay inside the $0.56–$0.41 range for a few more days. There is no major support between $0.50 and $0.41, so the fall may be swift. Another possibility is that the price turns up from the current level and rises above the 20-day EMA ($0.52). If that happens, the pair may climb to $0.56, which is an important level to keep an eye on. Cardano price analysisCardano’s ADA (ADA) has been trading inside a tight range for the past few days. This suggests that the bulls and the bears are playing it safe and not waging large bets.ADA/USDT daily chart. Source: TradingViewThe downsloping moving averages and the RSI in the negative territory indicate that bears have a slight edge. If the price breaks below $0.25, the bears will try to sink the ADA/USDT pair to $0.24.Contrarily, a break and close above the 20-day EMA ($0.26) will be the first sign of strength. That will pave the way for a rally to the 50-day SMA ($0.28). Buyers will have to clear this hurdle to start a sustained recovery.Dogecoin price analysisDogecoin (DOGE) reached the 20-day EMA ($0.06) on Sept. 6, indicating that the bulls are attempting to start a relief rally. DOGE/USDT daily chart. Source: TradingViewHowever, the bears are unlikely to give up easily and will mount a strong defense at the 20-day EMA. If the price turns down sharply, the bears will try to strengthen their position by pulling the DOGE/USDT pair below $0.06. If they succeed, the pair may extend its decline to the next support at $0.055.On the upside, a break and close above the 20-day EMA will be the first sign that the selling pressure is reducing. That may start a rally to the 50-day SMA ($0.07) and later to $0.08.Solana price analysisSOL’s (SOL) recovery attempt is facing strong selling at the downtrend line. This indicates that the bears are defending this level aggressively.SOL/USDT daily chart. Source: TradingViewIf the price skids below $19, the SOL/USDT pair could resume its downtrend. The first support on the downside is $18, and the next is $16. Buyers are expected to defend this level with vigor. The first indication of strength will be a break and close above the 20-day EMA ($20.69). That could start a stronger recovery to the 50-day SMA ($22.70). This level may again act as a roadblock, but if bulls clear it, the pair could attempt a rally to $25.42.Related: Here’s why Bitcoin will hit $22K soonToncoin price analysisThe sharp rise in Toncoin (TON) pushed the RSI into the overbought territory, indicating that the rally had run up ahead of itself. That typically leads to a correction or consolidation, and that is what happened.TON/USDT daily chart. Source: TradingViewProfit-booking by the bears has pulled the price toward the 20-day EMA ($1.64). This remains the key support to watch out for. If the price rebounds off the 20-day EMA, it will suggest that the sentiment remains positive and traders are buying on dips. That could propel the price to $2.07. If this level gives way, the rally could stretch to $2.38.Alternatively, if the 20-day EMA cracks, it will suggest that the bulls are losing their grip. The TON/USDT pair may then slump to $1.53 and later to the 50-day SMA ($1.42).Polkadot price analysisBuyers are struggling to start a strong rebound in Polkadot’s DOT (DOT), indicating that the bears have kept up the pressure. DOT/USDT daily chart. Source: TradingViewThe downsloping moving averages and the RSI near the oversold zone increase the likelihood of a downward breakdown. If the $4.22 level gives way, the DOT/USDT pair could skid to the next major support at $4.Contrary to this assumption, if the price turns up from the current level, the bears will try to halt the recovery at the 20-day EMA ($4.44) and again at the downtrend line. Buyers will have to clear this barrier to indicate a potential trend change.Polygon price analysisPolygon’s MATIC (MATIC) reached the 20-day EMA ($0.57) on Sept. 5, but the bulls could not clear this hurdle. This suggests that demand dries up at higher levels.MATIC/USDT daily chart. Source: TradingViewThe bears will try to sink the price to the crucial support at $0.50. This remains the key level to watch out for in the near term because a break below it will resume the downtrend. The MATIC/USDT pair then risks a further slide to $0.45.If bulls want to prevent the downside, they will have to quickly push the price above the 20-day EMA. That could start a stronger recovery to the overhead resistance at $0.60 and then $0.64. This level is again likely to witness solid selling by the bears.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. How to buy bitcoin and send it to your wallet— Googly (👀,🫡) (@0xG00gly) October 6, 2023 General Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.Mythical Games launches racing game on Apple and Android devices, following NFL Rivals

Hadean has primarily been referred to as a metaverse infrastructure startup. Spatial computing typically refers to the crossover of digital technology with real-world applications, with Apple’s Vision Pro mixed-reality headset considered a prominent example of a spatial computer. Image by Gage SkidmoreThe U.S. House Financial Services Committee is currently a battleground for discussions concerning the possible launch of a Central Bank Digital Currency (CBDC) by the Federal Reserve. Today, Maxine Waters, a Democratic representative from California, sharply criticized a bill reintroduced by Republican Rep. Tom Emmer of Minnesota. The bill is looking to prevent the Federal Reserve from creating a CBDC.The Ongoing Debate on Crypto Adoption in the U.S. GovernmentLast week, Republican Rep. Tom Emmer of Minnesota rolled out the "CBDC Anti-Surveillance State Act," also known as HR 5403. According to a statement from Emmer, this bill, which is supported by 50 Republican co-sponsors, would prevent the Federal Reserve from directly issuing a CBDC to individuals. Additionally, it would stop the Fed from indirectly making a CBDC available through a third party.Waters, who has served as a former chair of the Committee, voiced concerns that the bill's partisan nature could hamper technological advancements in finance and put the U.S. at a disadvantage globally."Unfortunately, Republicans are marking up one bill that is not bipartisan. It will keep the United States behind other countries, including China, as they race forward to develop a global standard for central bank digital currencies," she warned. "At this point, nobody fully understands the potential benefits and challenges of CBDCs, or how their implementation could affect the preeminence of the U.S dollar and global finance more broadly. That is why the Biden Administration and the Federal Reserve are researching this."Crypto Regulation and Its Possible Impact on U.S. Global StandingWaters further argued that the bill put forth by the Republicans could slow down ongoing research efforts, which in turn could affect the country's ability to keep up with financial technological changes. "The Republican bill before us today would stifle that research and prevent us from moving forward even if it means that the dollar loses its status as the world’s reserve currency," she said. "And even if it means that U.S. citizens lose out on faster, cheaper, and simpler payments."This presents a concern for the U.S., as it may lose the opportunity to set global standards in what could be a major financial development.Maxine Waters and the Committee's Work on US Crypto and Other Financial MattersBefore concluding her remarks, Waters expressed disappointment in what she saw as a lack of willingness to innovate on the part of Republicans. "I am disappointed that Republicans have taken such a deeply anti-innovation stance," she commented.Despite disagreements, Waters acknowledged that the Committee's recent meeting was largely productive. She highlighted the Committee's progress in reaching a consensus on various matters, including U.S. banks reducing risks in their dealings with the Caribbean and other regions, compliance with sanctions concerning Russia and Belarus, and the imposition of sanctions on foreign companies that facilitate spyware targeting U.S. national security personnel.Other Legislative Efforts and Positions on CBDC in the U.S.Another bill up for discussion on today targets a more bipartisan approach. Known as the "Power to Mint Act," H.R. 3402 is sponsored by Democratic Rep. Jake Auchincloss of Massachusetts and Republican Rep. French Hill of Arkansas. The bill would mandate that the Federal Reserve seek approval from Congress before moving ahead with the issuance of a CBDC.It's not just in Congress where opinions on CBDCs are strong. Florida Governor Ron DeSantis, who is also a presidential candidate, signed a bill in May that prohibits the use of a federal CBDC in Florida. Another presidential hopeful, Vivek Ramaswamy, has likewise expressed firm views against CBDCs.While discussions are ongoing, the potential introduction of a CBDC by the Federal Reserve evidently has both supporters and detractors within the U.S. House Financial Services Committee. The implications for the U.S. in terms of global financial technology advancements and crypto regulation remain important topics that lawmakers will have to continue to grapple with.Hong Kong Steps Up Crypto Regulation with Warnings to Imitation Banks – Here's What You Need to Know Get Started on Binance Lite to Buy and Sell Your CryptoEncoding complex computations requires generating large logic chains and many pre-signed transactions which have high storage and bandwidth demands. Bytecoin

The new smartphone, which will act as a handheld gaming device, will be able to display games on 4K monitors through upscaling and support third-party gamepads such as PlayStation’s DualSense controller, which is already being sold at Apple Stores. The possibilities are endless with the addition of Apples upcoming VR headset. IoTeX’s indoor security camera, Ucam, will be the first physical proof of concept for this collaboration. Ucam users will not need to expose their private home information to manufacturers. Stock, Crypto Prices Now On Your Twitter Account With eToro DealGoogle Cloud’s BigQuery is a fully-managed, serverless data warehouse that enables fast SQL queries using the processing power of Google’s infrastructure. It allows users to analyze large datasets in real-time by leveraging the power of Google Cloud’s infrastructure and machine learning capabilities. As part of its extensive suite of tools, BigQuery provides seamless integration with various data visualization tools and easy data importing from multiple sources. Over the years, this endeavor has consistently adapted to cater to the dynamic needs of the burgeoning Web3 community. This alteration led to the swift transfer of around 16 trillion $PEPE tokens from the compromised wallet to centralized exchanges (CEXs), resulting in a $100 million market capitalization drop. Official $PEPE sources remained silent, leaving investors and enthusiasts perplexed.


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