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2024-05-05

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The RSI at the said value indicates bearish momentum. Therefore, RPL is likely to remain in control of sellers for the time being. On the upside, the key resistance level is the Exponential Moving Average of $0.53 (EMA-50). Breaking above that key resistance could signal an imminent bullish trend reversal toward $0.55. Order Book-Meaning,Examples,Trading StrategiesFurthermore, the affiliated company could withdraw funds even if their accounts showed zero balance. Thanks to an extensive line of credit. Real estate

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3. Delegated Proof of Stake The project’s implosion now opens windows of opportunity for the sector to enhance existing systems and develop robust protocols that could hold out against extreme market conditions. Meanwhile, the call for fair and strong digital asset regulation that ensures consumer protection and market stability continues to resonate. The crypto community can only hope their sentiments will not fall on Do Kwon-like deaf ears. MetaMask:The crypto wallet for Defi,Web3 Dapps and NFTsSome are still unconvinced, though, with another account writing simply: “feds.” Billy Markus responded to Musk's comment, suggesting that the "realness" of cryptocurrency is "transitory." This statement can be interpreted in multiple ways. It could mean that the value and acceptance of cryptocurrencies are evolving, or it might hint at the volatile nature of the crypto market, where assets quickly gain and lose their value.

Project Mariana also discovered some challenges for banks: “For example, the 24 hours a day 7 days a week availability of wCBDC may increase operational complexities for central bank.” Ji Kim, head of global policy for the Crypto Council for Innovation, told Cointelegraph crypto was "becoming a priority" for Congress. According to Kim, legislation including the Financial Innovation and Technology for the 21st Century Act and the Clarity for Payment Stablecoin Act "will likely be delayed until a new Speaker is elected". Best Cryptocurrency Apps in Australia for Better TradeThe study finds a remarkable 72.5% of the top 40 video game companies by market cap have embraced web3, marking a significant shift towards blockchain gaming and related ventures. However, only 24.1% of these companies are actively developing blockchain games. 🚨 30,300,000 #XRP (15,214,882 USD) transferred from unknown wallet to #Bitstamphttps://t.co/TgqGDcIt2y

Short positions are still ahead, with about 50.5% of the futures market in shorts as of Monday. A short squeeze could propel prices higher. Cryptos had lost their momentum by Monday afternoon though, with bitcoin (BTC) losing around 0.6% and ether (ETH) in the red more than 4%. In this week’s newsletter, read about how a nonfungible token (NFT) artist raised money to support a cancer charity and why payments platform PayPal has filed a patent application for an NFT marketplace. Check out Meta’s new photorealistic metaverse avatars and, in other news, learn why Neal Stephenson’s metaverse blockchain project remains optimistic despite waning interest.NFT artist raises $140,000 for cancer support charityNFT artist Trevor Jones donated almost $140,000 to Maggie’s Edinburgh — an organization dedicated to cancer treatments — after raising funds from a Web3 event in France. The amount raised from the event will help 4,000 patients affected by cancer and those who need critical support. According to Maggie’s Edinburgh, the funds raised by Jones will be the highest single donation from an art event in the organization’s history. The money collected will support services for cancer patients and their families.Continue readingPayPal applies for NFT marketplace patent for on- or off-chain asset tradingPayment platform PayPal filed a patent application for an NFT transfer and purchase system. The patent application was filed at the United States Patent and Trademark Office in March and was made available publicly in September. The patent described a system that lets users buy and sell NFTs through a service provider. While the provider was not mentioned, the document did mention Ethereum, suggesting that it may be based in the network. Continue readingThe metaverse is real: Zuck’s “incredible” photorealistic tech wows Crypto TwitterAs critics continue to declare the metaverse dead, Meta CEO Mark Zuckerberg showcased the company’s developments in the space in a podcast using photorealistic avatars in the metaverse. Using Meta’s Quest 3 headsets and noise-canceling headphones, Zuckerberg and podcast host Lex Fridman engaged in an hour-long interview using metaverse avatars. The improvements got the attention of Crypto Twitter, with some comparing previous iterations of Zuckerberg’s metaverse with the present one, saying the “metaverse has upgraded.”Continue readingNeal Stephenson’s blockchain project holds discovery month as metaverse hype wanesMetaverse blockchain project Lamina1 is holding an event called the Open Metaverse Discovery Month to let builders and creators experience the metaverse. The company believes that despite the lower interest in the metaverse, the concept will live as long as people are willing to spend time and money on it. According to Lamina1 CEO Rebecca Barkin, the project was able to attract 50,000 builders despite the crypto winter and people writing eulogies for the metaverse. The executive remains optimistic that its founder, Neal Stephenson’s vision of the metaverse will challenge corporate greed and give more autonomy to creators. Continue readingCHECK OUT COINTELEGRAPH’S NFT STEEZ PODCASTThanks for reading this digest of the week’s most notable developments in the NFT space. Come again next Wednesday for more reports and insights into this actively evolving space.DAOs can help scientists find funding and community, says Nature science journal Ripple (XRP) Price Today|Know Ripple CryptocurrencyEthereum Foundation Sells 1700 ETH to USDC The #Ethereum Foundation (EF) sold 1700 ETH to #USDC on October 9, 2023. This move has sparked speculation in the crypto market, with some blaming Vitalik Buterin, the co-founder of Ethereum, while others blame the EF itself. The Zimbabwean gold-backed digital tokens are now an approved method of paying or settling domestic transactions, the head of the country’s central bank has said. In a statement issued on Oct. 5, John Mangudya, the governor of the Reserve Bank of Zimbabwe (RBZ), added that the digital tokens will also continue to act as a value preservation instrument.

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