How do I sell Dogecoin for Naira? - cyptoranking.com

2024-05-11

Popular crypto exchanges(2023 Update) 2024-05-11
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With Hong Kong’s recent introduction of a regulatory licensing program for digital asset operators, there’s been a surge in interest from various players, especially cryptocurrency exchanges. VolatilityShares is not the only firm to abandon its ether futures ETF plans. How do I sell Dogecoin for Naira?Bridging art and technology through NFI Source: A video screenshot, Youtube/Entrepreneur MEBinance CEO Changpeng Zhao believes decentralized finance (DeFi) can outshine centralized finance (CeFi) during the upcoming bull run. On September 1, the crypto boss hosted a live X Spaces event, during which he expressed his belief that DeFi has the potential to surpass CeFi in terms of trading volumes. “I think the more decentralized the industry becomes, the better,” Zhao said, suggesting that it may not be long before DeFi overtakes CeFi trading volumes, as it currently stands at around 5% to 10% of CeFi volumes. “DeFi is the future; the volume is somewhere between 5% to 10% of CeFi volumes, which is not small right [...] the next bull run may very well make DeFi bigger than CeFi.“The prediction aligns with recent developments in the cryptocurrency market. Following legal actions by the United States Securities and Exchange Commission (SEC) against major centralized exchanges Coinbase and Binance, the trading volume of the top three decentralized exchanges (DEXs) increased by 444% in 48 hours. The current 24-hour trading volume on DEXs stands at $722,776,226.Zhao also commented on the recent dismissal of a class-action lawsuit against decentralized protocol Uniswap. He described it as a positive and logical decision, emphasizing the importance of regulatory clarity. As reported, on August 30, the judge presiding over the case said he found no grounds to proceed with the lawsuit against Uniswap. The verdict arrived after an extended legal process leading back to April 2021 that scrutinized the specifics of Uniswap's operations and their alignment with financial regulations.Developers Cannot be Held Reliable for Misuse of DeFi ProjectsDuring the X Spaces session, a user mentioned a judge's decision stating that developers cannot be held liable for the misuse of DeFi platforms. Zhao echoed this sentiment, stating that the protection of developers is a positive development for the industry. He emphasized that writing code is a form of free speech and should be protected.“Developers writing code, that code is free speech. So the development is really good,” CZ stated.Recent data indicates a shift in investment patterns, with venture capitalists reallocating funds from CeFi projects to invest in the growing DeFi sector. A March report from CoinGecko highlighted that digital asset investment firms invested $2.7 billion in DeFi projects in 2022, marking a 190% increase compared to 2021.In contrast, investments in CeFi projects decreased by 73% to $4.3 billion during the same period. The report suggests that DeFi is emerging as the new high-growth area in the crypto industry, while CeFi may have reached a saturation point.Meanwhile, Binance has recently told users to convert their Binance USD (BUSD) tokens to other stablecoins before February 2024.The exchange encouraged users to trade or convert their BUSD balances for First Digital USD (FDUSD) — a stablecoin launched in June by the Hong Kong-based trust company First Digital Group which had its debut listing on Binance.It is worth noting that the market cap of BUSD has taken a hard hit following the regulatory clampdown. Since the start of the year, BUSD's market cap has plummeted by over 80%, dropping from $16.13 billion on February 9 to its current value of $3.1 billion.Uniswap Class Action Dismissed in Landmark Ruling for DeFi

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“It’s not unusual for high volatility and performance to subside in a nascent asset class as it migrates into the mainstream,” Bloomberg Intelligence’s Mike McGlone and James Seyffart said in a Wednesday research note. “Bitcoin and Ethereum US futures and [ETF] launches may continue the trend of squashing volatility and marking price peaks, particularly in an unfavorable liquidity environment.” Kennedy had been teasing his decision for several days. The super-PAC (political action committee) supporting him, American Values 2024, released polling results on Oct. 2 that, it claimed, showed he would be the strongest independent candidate in the modern history of U.S. elections, with the support of 19% of the electorate. That is compared to 38% support for U.S. President Joe Biden and former president Donald Trump. Top P2P Crypto Exchanges in 2023Notably, the Digital Currency Group (DCG) subsidiary and American mining pool, Foundry USA, has led this race in the last three years. Foundry dominated the block discovery by 17.78%, for a total of 28,331 Bitcoin blocks mined since October 2020. This data is from mempool.space, collected by Finbold on October 6, 2023. Wang’s testimony revealed to the court that Bankman-Fried, Nashad Singh, Caroline Ellison, and Wang himself were involved in committing wire fraud. Wang said, “We gave special privileges to Alameda Research on FTX, which allowed it to withdraw unlimited amounts of funds from the platform, and we lied about this to the public.” Singh and Ellison are to testify against SBF in the trial.

Quant price prediction points towards a decline within a significant pattern on the daily chart. Sellers are actively driving QNT towards the lower trendline. Since April 2023, QNT has been on a downward trajectory, searching for a suitable support level to initiate a recovery from this declining pattern. In addition, Quant has lost 18.65% of its value year-to-date. Technical indicators suggest a potential further decline for Quant cryptocurrency, approaching the lower trendline of the descending channel pattern. Investors should remain vigilant for any potential changes in direction on the daily chart. Major Crypto Theft: $24 Million Drained from Ethereum Wallet in Phishing Scam Why can't i withdraw crypto from Robinhood?Bitcoin due new local low? Watch these BTC price levels as $28K rejects A multi-signature wallet will be hosted by Crypto Aid Israel to collect donations, which can be made with bitcoin (BTC), ether (ETH), USDT, USDC, and others.

While the firm has yet to solidify exactly how it will add NFTs or crypto tokens into upcoming games, NHN’s Head of Business Development Jine Lee told Decrypt via email that the company is currently exploring ways that gamers can send items to each other as NFTs, as well as the possibility of crypto token rewards. Bitcoin price is moving lower below the $27,200 support. BTC could decline further if the Israel-Hamas war escalates in the near term. UK Crypto Exchange Operator to Launch First-Ever Physically Settled Bitcoin FuturesEthereum (ETH) has maintained its spot as a leading altcoin. However, a recent analysis from Benjamin Cowen indicates that its journey, at least in comparison to Bitcoin (BTC), could have followed a better trajectory. The merger of gaming and the metaverse is altering the digital world, providing immersive experiences, economic opportunities, and novel educational and entertainment solutions. The metaverse will expand into a multidimensional, decentralized environment with endless potential as technology advances and user adoption grows. The most recent discoveries in this field show that we are on the threshold of a new era in which the virtual and physical worlds intersect, resulting in a dynamic and interconnected metaverse that will continue to revolutionize how we live, work, and play.Gucci's Milan Fashion Week Show Debuts on Roblox and Zepeto

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