Virtual Currencies: Key Definitions and Potential AML/CFT ... - cyptoranking.com

2024-04-29

Popular crypto exchanges(2023 Update) 2024-04-29
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According to a recent Bloomberg report, the Industry Recovery Initiative (IRI), a proposal initiated by Binance CEO Changpeng Zhao following the FTX debacle, has not been successful. Failing to achieve the anticipated fund for industry stabilization, Zhao has reportedly decided to step back from the project. If the bar closes far from this mark, traders are likely to see a correction to the 0.0078 zone soon. Virtual Currencies: Key Definitions and Potential AML/CFT ...Both AWS and Microsoft have responded to these concerns, emphasizing their commitment to customer choice, innovation, and competitive markets. However, the investigation will provide clarity on the extent of their dominance and its impact on the broader cloud computing ecosystem. SubQuery, a prominent blockchain developer, just announced its full integration of zkSync Era. Developers in the zkSync Era deserve credit for integrating SubQuery’s improved data indexing. This integration could boost workflow, efficiency, and blockchain adoption.

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*This is not investment advice.US-based Exchange to Give Away 10,000 XRP to One Trader Playing Video Games as a Metaverse Pioneer How to give cryptocurrency as a gift: Shiba Inu, Dogecoin, Bitcoin, Cardano, moreDespite setbacks, Gemini remains optimistic about its growth prospects. The company’s leadership believes that the “Startup India” initiative, a government program aimed at fostering entrepreneurship and technological development, will aid Gemini’s expansion. Even with a decrease in monthly users, Axie has logged $4.28 billion in NFT sales over 20.32 million transactions. However, figures from defillama.com indicate that the total value locked (TVL) on Ronin has seen a significant decline. On December 3, 2021, Ronin’s TVL peaked at $1.487 billion, but it has since fallen to $61 million.

Statistics reveal that the Upbit exchange weathered an astounding 160,000 hacking attempts during the first half of 2023. This figure represents a troubling 2.17-fold increase from the previous year, according to a report by the Yonhap News Agency. Virtual Hosted Mining: This type, like host mining, allows customers to hire virtual mining equipment. It does, however, provide more freedom by allowing miners to choose their mining pool and software configuration. Crypto Market Sizing Report 2021 and 2022 ForecastAn Industrial and Commercial Bank of China spokesperson said: US dollar stablecoin issuer Circle has announced that it has begun minting USD Coin (USDC) natively on Ethereum layer 2 scaling protocol Polygon.

Electroneum utilizes the CryptoNight mining algorithm, with a notable innovation in its mobile version, allowing users to mine the cryptocurrency not only through the conventional method but also by utilizing their smartphones via a mobile miner. Source / Sam Cooling x PublicDomainPicturesLeading crypto gold project Tether Gold (XAUT) has seen a +1% price increase amid bullish movements in underlying 1:1 gold prices (per troy Oz) - fuelled largely by increased geopolitical risk stemming from the developing Israeli confrontation with Hamas.Amid the violence, gold prices are experiencing an uptrend, trading near the $1,850 mark, primarily driven by the escalating military situation around Gaza - which if triggering heightened tensions across the Middle East.With global markets remain wary of potential geopolitical uncertainties that might have broader implications, investors are gravitating towards traditional safe-haven assets. Gold, revered as a dependable store of value during periods of geopolitical unrest, seems to be benefiting from this sentiment. As the conflict between Hamas and Israel continues to unfold and fears of it spreading to other parts of the region mount, there is an increasing demand for assets like Gold to offer protection.Economic Data Fuelling Gold GainsBalancing this, the US Dollar (USD) has shown resilience after the recent positive US Nonfarm Payrolls data, which reported a significant addition of 336,000 jobs in September, overshooting market projections. This job surge, paired with expectations of the Federal Reserve sustaining higher interest rates, has led to a rebound in US Treasury yields, with the 10-year bond yield nearing its highest since 2007 at 4.80%.Going forward, the market's focus is set to shift to the upcoming International Monetary Fund (IMF) meeting, which will discuss stabilizing international exchange rates and strategies for further development. Additionally, the US Core Producer Price Index will be under the spotlight later this week, providing key insights into inflationary trends and the overall health of the US economy.But how does this look for the leading 1:1 gold token XAUT?XAUT Price Analysis: Tether Gold Soars Over Gaza Geopolitical TensionsAmid the gold rally, XAUT is pushing higher into the trading channel, currently trading at a market crypto price of $1858 (representing a 24-hour change of -0.26%, and a +$2.19 premium over gold spot price).This comes following a strong +2.35% bounce out of the accumulation zone between $1775 and $1825, triggered last Thursday.TradingView / XAUT USDXAUT price action is now testing localised resistance from the 20DMA, which has prevented significant upside movements for two-weeks since September 25.A break-above the 20DMA would prime XAUT for a move up to reclaim $1,900 - a realistic scenario considering the fundamental tailwinds of the situation in Gaza.As for XAUT's indicators, the RSI is currently remaining at an oversold bullish signal at 43.55 - although it is worth noting the gradual increase on this indicator during the recent move.And the MACD confirms this bullish sentiment, with significant bullish divergence at 2.019.Overall, in light of developments in Israel over the weekend, XAUT seems primed to push up - pending a critical break-above the 20DMA.TradingView / XAUT USDThis leaves XAUT with an upside target at $1,900 (a potential +2.27%).While downside risk could see XAUT tumble to lower support at $1,850 (a possible -0.42%).XAUT therefore carries a risk: reward ratio of 5.38 - an immensely bullish entry characterised by a de-risking market shifting towards 'safe haven' assets. But while the market is leaning into safer lower return positions, lucrative opportunities are abounding - and one such project surging with interest is an emerging Telegram-based GambleFi project.TG.Casino's Presale: The Next GambleFi Sensation in CryptoSource / CryptoNews.comAmid the surging interest in Telegram trading bots and GambleFi, TG.Casino (TGC) has rapidly caught the market's attention, securing an impressive $670k in its presale in mere days. Unlike typical Telegram bot ventures, TG.Casino has uniquely combined the casino thrill with blockchain's decentralized benefits. Being a licensed casino that integrates with Telegram and its vast user base, it offers an unparalleled blend of accessibility and potential.What Makes TG.Casino Different in the GambleFi?Source / TG CasinoUser Experience: With thousands of live casino games, slots, and table games, along with a comprehensive sportsbook, TG.Casino promises a rich user experience. Add a 150% matched deposit bonus and 500 free spins to the mix, and you've got an unbeatable offer.Security: Users can trust the platform, thanks to encryption that protects data and funds against potential threats.Token Utility: The $TGC token lies at the heart of the TG.Casino ecosystem. Not only does it power instant transactions, but it also holds various utilities, like being exchanged for gaming credits or other cryptos.Staking & Rewards: The presale shines with a staggering 3,446% staking APY. Given that over a million tokens were staked on day one of the presale, it's clear that the excitement is real. A buyback mechanism further ensures price stability and consistent rewards.Participation: To join, head to TG.Casino's official website, set up an ERC-20 compatible crypto wallet, purchase ETH or USDT, and follow the on-site steps to buy $TGC. Once the presale concludes, you can claim your tokens during the Token Generation Event.Bright Future: With well-thought-out tokenomics and an incredible 3,446% APY, TG.Casino is setting the stage for monumental success in the GambleFi sector.In conclusion, the TG.Casino presale represents not just an opportunity but an invitation to the future of GambleFi on Telegram.Buy $TGC 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.17 Best Altcoins to Buy in 2023 Who owns most Bitcoin?“The Big Time community has already grown to over 350,000 people on Discord and over a quarter million on X (formerly Twitter),” Meilich said in an interview with CoinDesk. “We also have a signup list with over a million people, and have made direct sales in excess of $8 million, plus whatever the users have traded among themselves.” “The Quiet Maid” will have its world premiere next month in competition at the Tallinn Black Nights Film Festival in Estonia. It will compete in the First Feature category.The Rise and Retreat: Bitcoin's Ordinal Inscription Wave Ebbs

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