Red Hong Yi's first NFT "Doge to the Moon" sold for over RM325,000 - cyptoranking.com

2024-05-15

Popular crypto exchanges(2023 Update) 2024-05-15
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Zhao said that in his experience of three previous halvings, there would be “more and more chatter, news, anxiety, expectations, hype, hope, etc,” leading up to the event. What is staking? Red Hong Yi's first NFT "Doge to the Moon" sold for over RM325,000Juan Agustín D’Attellis Noguera, a director of Banco Central de la República Argentina, the country’s central bank, publicly supported the Minister of Economy Sergio Massa in his promotion of central bank digital currency (CBDC) as a remedy for the national economy. Giving commentary on local television, Noguera expressed his belief that the “digital peso” could help stabilize the Argentine economy as soon as 2024. In the official’s opinion, the key feature of the CBDC is its traceability, which would help the government to collect taxes: “By having traceability of operations with a digital currency because it is not known who does them, but there is evidence that they were done, you broaden the tax base. This will allow you to raise more without having to raise taxes and even lower them.” The CBDC will also help to solve the nation’s monetary problem, as the unstable local currency, the Argentine peso, often competes with the United States dollar even as a payment method, according to Noguera.Related: Buenos Aires to issue blockchain-based digital IDNoguera spoke about the digital peso in a very definite manner, assuring that the CBDC would be introduced gradually, coexisting with cash, with a complete replacement of paper fiat currency happening at the final stage of the project. On Oct. 2, Massa, who is also a presidential candidate, pledged to launch a CBDC if elected to “solve” Argentina’s long-lasting inflation crisis. According to election polls, Massa is slightly trailing Javier Milei, a pro-Bitcoin (BTC) and anti-central bank candidate who wants to adopt the U.S. dollar as Argentina’s currency. The key to making this approach to privacy both practical for regulators and agreeable to users could be, for instance, a decentralized data storage of user’s credentials such as idOS — a GDPR-compliant identity system recently announced during this year’s TOKEN2049 conference. With a solution like that, no single party is in control of user’s credentials even as the system verifiably ensures that users are not on any authorized sanctions lists.

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Alternatively, the bulls could invalidate that bearish prediction if Shiba Inu’s price can reclaim $0.00001. But that seems far fetch, as 153,700 addresses had bought 68.5 trillion SHIB at the average price of $0.000008. If they sell, SHIB’s price will likely retrace. Source: TradingViewThe Solana price has swung strongly today, reaching a 24-hour high of $20.48 before retreating in the past few hours to $19.59.This latest price represents a 2% drop in the past day, yet SOL is also up by 4% in a week, while being down by 6.5% in the last 30 days.But with the altcoin also having risen strongly since the beginning of the year (up by 96%), it maintains the kind of medium-term momentum that will help it recover quickly from today's volatility.Solana Price Prediction as Accumulation Continues at $20 Level – Can SOL Reach $1,000 in the Next Bull Run?SOL's indicators have moved into a position where it looks as though the altcoin is about to begin a concerted rally, one which is now probably overdue.Source: TradingViewIts relative strength index (purple) has risen to 50 in the past few days, indicating an increase of momentum that has plenty of space to continue before the altcoin will be overbought.In parallel, SOL's 30-day moving average (yellow) has flattened out after falling below its 200-day average (blue), signalling that buyers may be tempted to buy the coinnow that it's selling at a discount.And even with today's little dip, the coin's support level (green) has been rising recently, meaning that it's unlikely to fall below recent lows.As such, now is a good time to buy SOL, which is still selling at a discount but which has shown the first signs of renewed momentum.In terms of fundamentals, there has been no major news in the past few days, yet the overall picture remains largely positive for Solana.It continues to attract adoption, with a growing number of projects and platforms building on its blockchain network.This most notably includes Visa, which expanded its stablecoin settlement pilot in the past few weeks to include Solana, something which stands as a major vote of confidence in the network.It's also worth remembering that Solana is the fifth-biggest layer-one blockchain in terms of total value locked in, behind only Ethereum, Tron, BNB Chain and Avalanche.And it's likely that Solana will only move further up the TVL rankings, given that it has plenty of lost ground to make up for after its difficult 2022, when it suffered a series of damaging outages.Yet it continues to market months and months of unbroken uptime, a sign that its protocol has been updated sufficiently and that it's now robust against all potential scaling issues.As such, SOL can be expected to pass $20 again in the next few days, with the altcoin likely to hit $25 in the next few weeks and $35 by the end of the year.Alternative High-Return AltcoinsAs good as Solana looks right now, it isn't the only high-potential altcoin in the market, with a number of presale tokens also providing plenty of opportunity for market-beating gains in the near future.One of the fastest-growing presales right now is being held by Bitcoin BSC (BTCBSC), a BNB Chain-based cryptocurrency that has impressively raised more than $4 million since opening its sale only a few weeks ago.As its name suggests, Bitcoin BSC offers a BNB-based version of Bitcoin, with the coin having the same hard cap (21 million BTCBSC) and the same deflationary tokenomics.Yet where it differs from the original cryptocurrency is that it offers holders the opportunity to earn a passive income from staking the token, in addition to any price rises.What has also helped Bitcoin BSC attract investors is that its presale is making it available at $0.99, a price Bitcoin itself last saw in 2011.As such, it's offering investors a chance to get involved in a potentially very valuable cryptocurrency at the very earliest stage.Its presale will make 6.125 million Bitcoin BSC available, with the rest being reserved for staking rewards.Given that there has been no specific allocation for team members, BTCBSC is therefore a highly decentralized token, something which again improves its attractiveness to investors.New buyers can buy the token early by visiting the official Bitcoin BSC website and connecting their software wallets.Once the presale ends, BTCBSC will list on BNB Smart Chain DEX, with other exchanges likely to follow suit soon after.Visit Bitcoin BSC NowDisclaimer: 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.XRP Price Prediction as XRP Overtakes USDC and Becomes Top 5 Coin in the World – Can XRP Reach $100? What is Cryptocurrency? Know About India's Digital ...How to generate a reasonable long-term return on investment for token holders? What immediately caught my attention was the absence of digital fashion projects. It appeared that this event opted to concentrate on the challenges of luxury brands concerning blockchain and other emerging technologies, rather than seeking solutions from the new wave of fashion creators.

While considered an ominous signal by traditional financial chartists, timing exits of positions based on reading the tea leaves from bitcoin’s own death crosses often leads to mixed results. Electricity Winklevoss twins' Gemini launches Ethereum staking in the UKAs generative AI becomes more ingrained in daily life, these tools have been put to less esoteric pursuits like processing large documents that otherwise would have taken human hours to do and allowing users to ask the document questions. In July, a British startup, Twinn Health, unveiled an AI platform designed to analyze MRI scans and detect diseases while still in their early stages.Blocknative Reduces Headcount by Third, After Suspending Work on Relay Project From key expectations, including the approval of the Bitcoin spot Exchange Traded Fund (ETF) product to the pre-Bitcoin halving rally, eyes will be fastened on BTC, as DOGE's growth depends on it.Quant Price Prediction: QNT Declining in an Interesting Pattern

Privacy and security: It is critical to protect user data and privacy in decentralized environments. Image Source: PixabayCrypto billionaires have been hit hard by the Securities and Exchange Commission's crackdown on Binance and Coinbase, incurring huge losses so far this week.Binance CEO Changpeng Zhao, known as CZ, has seen his net worth shrink by $1.4 billion to $26 billion, while Coinbase CEO Brian Armstrong has seen his net worth drop by $361 million to $2.2 billion, according to the Bloomberg Billionaires Index. This marks a reversal in fortune for crypto’s wealthiest founders, who saw their combined net worth increase by $15.4 billion in 2023 from the comeback in the price of Bitcoin and other digital assets.Specifically, Zhao's fortune was up by a staggering 117% before this week’s decline, while Armstrong’s was up by 61%. By comparison, the other billionaires on Bloomberg’s wealth index were up a combined 9%.Bitcoin's partial comeback this year was largely due to the expectations that the decreasing inflation as well as the US banking crisis that erupted in March would lead the Federal Reserve to hit a pause on rate increases.That is because lower interest rates can stimulate economic growth and may lead investors to seek higher returns from riskier assets such as cryptocurrencies and stocks.However, this may not matter if US regulators make it harder for the industry to operate or make it difficult for Americans to trade.SEC Files Charges Against Both Binance and CoinbaseThe SEC has sued both Binance, the world's largest cryptocurrency exchange, and Coinbase, the largest US-based cryptocurrency, over the past two days. The commission filed 13 charges against Binance and its US affiliates, ranging from allegedly operating as an unregistered exchange to offering unregistered securities. The regulator also levied similar charges against Coinbase, claiming that it operated as an exchange, broker, or clearing agency without the required registrations. The lawsuit against Coinbase came after the SEC sent a “Wells notice” to the company in March, threatening the crypto exchange with legal actions regarding some of its listed digital assets, its staking service Coinbase Earn, Coinbase Prime, and Coinbase Wallet. In response to the complaint, Senator Cynthia Lummis lashed out at the SEC, claiming the agency not only failed to provide a path for crypto exchanges to register but also failed to provide legal guidance on what constitutes a security. "The SEC's continued reliance on regulation by enforcement continues to harm consumers," she said, recommending that the agency instead create a "robust legal framework that exchanges can comply with."Meanwhile, in an interview with CNBC Squawk Box shortly after the agency announced charges against Coinbase, SEC Chair Gary Gensler said crypto firms need to be compliant with securities laws. "I think the crypto industry more broadly if it's gonna have any success going forward has to come into compliance with basic public policies about disclosure, about avoiding conflicts, about properly segregating customer funds, and guarding against fraud manipulation."Coinbase Receives Cease and Desist Notices from 11 US States Should I use a centralized or decentralized crypto exchange?In contrast to China, users in Europe, Turkey, and South Korea demonstrate relatively lower levels of engagement in terms of the amounts they invest. 6. Proof of Activity (PoA)

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