Why crypto market is down today 2023? - cyptoranking.com
2024-05-10
“As the war broke out, Hamas launched a fundraising campaign on social networks, asking the public to deposit crypto coins into its account. The cyber and foreign exchange unit worked immediately to locate and freeze the accounts, assisted by the Binance crypto exchange,” a police spokesperson said. In the meantime, Ethereum Futures Exchange-traded funds (ETF) have failed to live up to the hype, contrary to expectation, with all ETH ETFs combined generating only up to $1.7 million in trading volume trading volume as of October 2. Why crypto market is down today 2023?From the above chart, it can be seen that BTC is on an uptrend. The gradient of the current uptrend is higher than the previous uptrend marked in white dotted lines. BTC may travel along the dotted white lines and at times may be supported by the 2:1 Gann fan line as it heads toward $31.5K. There is a key bearish trend line forming with resistance near $27,550 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Today’s report, as Wouters wrote, puts to bed the meme that “nobody uses Lightning.”Bitcoin price could hit $750K to $1M by 2026 — Arthur Hayes Pravjit Tiwana, Gemini’s global chief technology officer, announced plans to increase this headcount to over 100 by the end of 2023, with an ambitious target of nearly 200 by 2024. Tiwana praised the caliber of tech talent in India, stating, Best Crypto Exchanges To Buy,Sell & Trade— Volcano Energy (@Volcano_Energy) October 3, 2023 Additionally, these most recent results have also impacted the Bitcoin mining pool industry state in the last three days, as AntPool slightly overcame Foundry USA by a two-block difference. The Chinese mining pool has mined a total of 121 blocks (27.75%), while Foundry was responsible for 119 blocks (27.29%), according to the 3-day pools ranking.
Dwindling demand for the ETH futures ETF Graham Rodford, the CEO and co-founder of Archax, explains: "The problems that crypto markets have experienced over the last 18 months highlight the need for as much regulated cover as possible when trading, and the banking crisis earlier this year means minimising counterparty risk is hugely important too." DeFi Crypto Exchange DYdX Seeks Full Decentralization as US Cracks DownThe regulatory reaction to that is playing out differently in different places. In the United States, the executive branch wants to maintain total control over all its intermediaries in the world. So they’re resisting pretty significantly. They would like to slow-roll or kill our industry. The legislative branch is mixed, while the judicial branch is starting to speak up quite significantly. So there’s some progress and some resistance. Sally Ho’s Technical AnalysisView Yesterday’s Trading Analysis
Read more: How to Use a Blockchain Explorer to Look Up Transactions 1. Enhanced Engagement and Immersion: With the introduction of virtual labor, players will experience a new level of engagement and immersion. They’ll be able to control their digital avatars as they collect materials and craft items, making the experience more interactive and responsive. Bitcoin Futures Jun '23 Futures Options PricesThe current esports model is probably overly reliant on sponsorship and advertising. To improve it, there needs to be a focus on cross-industry value creation, directly involving publishers, brands, esports teams and competitive players. Within Ultra Arena, we want to drive mutual growth by opening up the existing model to many more stakeholders, with grassroots competitive players turning pro, smaller brands gaining traction and startup teams becoming massive eSports powerhouses. XRP is currently trading at $0.50 and has been on a downtrend. The technical analysis in the daily timeframe shows that the immediate support level to monitor is at $0.49, which is close to the 30-day Simple Moving Average (SMA-30)
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