Edge Wallet: The Most Secure Mobile Bitcoin Wallet - cyptoranking.com

2024-05-09

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The more you trade, the better your chances! Currently, bitcoin miners receive a reward of 6.25 bitcoins for every block they discover. Post-halving, this bounty will drop to 3.125 coins per block. Such a shift is monumental for the miners securing the network, as their earnings will take a 50% hit. Edge Wallet: The Most Secure Mobile Bitcoin Wallet“With regard to management of the crypto assets, Crypto Aid Israel has graciously accepted the help of Fireblocks,” a press release accompanying the announcement said. For safety reasons, four out of seven signatures will be required in order to move funds out of the wallet. A medium-term negative price channel had formed on APE’s daily chart after the cryptocurrency consistently printed lower lows and lower highs throughout the past couple of months. This negative trend continued after the altcoin attempted to overcome the $1.298 barrier on October 2, 2023, but was rejected by the key price point.

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However, the UK Financial Conduct Authority (FCA) has recently enforced rigorous regulations on marketing crypto to the public. Among these rules is a prohibition on incentives based on referring friends. Major questions overstated How to buy crypto without SSN?Nonetheless, one evening in 2014, Yakovenk was inspired by a brilliant idea while having a “caffeine-induced fever dream at 4 am.” Shortly after, Yakovenk wrote a paper introducing the idea of making Bitcoin’s SHA256 hash function exponentially faster. It was here that he introduced the proof of history, which timestamps transactions. The United States legislators in the House and Senate came to a temporary agreement on Sep. 30 and averted a government shutdown for 45 days. This news could have acted as a catalyst for Bitcoin’s (BTC) sharp rally on Oct. 1. Additionally, the historically strong performance of Bitcoin in October could have boosted sentiment further.The U.S. stock markets are also in a sweet spot in October. Data from the Stock Trader’s Almanac shows that the S&P 500 Index (SPX) has risen by an average of 0.9% in October, between 1950 and 2021. However, it does not mean that the bulls can be carefree because the stock market weathered one of its worst declines in the Black Monday crash in October 1987.Daily cryptocurrency market performance. Source: Coin360While a short-term up-move is possible in the cryptocurrency markets, it is unlikely to start a runaway rally. Higher levels are likely to witness profit-booking as the skyrocketing U.S. dollar index (DXY) could keep the bulls on the edge of their seats.What are the important overhead resistance levels in Bitcoin and altcoins that may attract sellers? Let’s analyze the charts to find out.S&P 500 Index price analysisThe S&P 500 Index plunged below the formidable support at 4,325 on Sep. 22. That completed a bearish head and shoulders pattern, indicating the start of a downward move.SPX daily chart. Source: TradingViewUsually, the price turns around and retests the breakdown level, which in this case is 4,325. That happened on Sep. 29. The neckline of the setup is likely to witness a tough battle between the bulls and the bears.If the price turns down and breaks below 4,238, it will indicate that bears are in control. That could accelerate selling and the index may dive to the pattern target of 4,043.Any recovery attempt is likely to face selling at 4,325 and then at the 20-day exponential moving average ($4,370). A break above this resistance will be the first sign of strength. The index could then ascend to the downtrend line.U.S. dollar index price analysisThe U.S. dollar index has witnessed a scintillating run in the past several days. The bulls propelled the price above the overhead resistance of 106 on Sep. 26, indicating the start of a new uptrend.DXY daily chart. Source: TradingViewSellers tried to pull the price back below the breakout level of 106 on Sep. 29 but the long tail on the candlestick shows solid buying at lower levels. The bulls will try to flip the 106 level into support. If they are successful, the index could rally to 108.The bears are unlikely to surrender easily. They will try to drag the price back below 106 and then the 20-day EMA. If they manage to do that, it will trap the aggressive bulls. The index may then descend to the 50-day simple moving average ($103).Bitcoin price analysisBitcoin surged above the immediate resistance of $27,500 on Oct. 1 and then stretched the rally above $28,143 on Oct. 2. The ease with which $28,143 was conquered shows that more is likely to come.BTC/USDT daily chart. Source: TradingViewThe bulls will try to push the price to $31,000 where they are likely to encounter solid resistance from the bears. If the price turns down sharply from this level, it will suggest that the BTC/USDT pair remains stuck inside the large range between $31,000 and $24,800.The first support on the downside is $28,143 and then the 20-day EMA ($26,862). If the price slips back below $28,143, it may trap the aggressive bulls. That could then pull the price to the 20-day EMA. Sellers will have to yank the price below this level if they want to seize control.Ether price analysisEther (ETH) pierced the 50-day SMA ($1,652) on Sep. 29 and followed that up with another sharp rally on Oct. 1. That pushed the price to the overhead resistance at $1,746.ETH/USDT daily chart. Source: TradingViewThe 20-day EMA ($1,644) has turned up and the relative strength index (RSI) is above the 64 level, indicating that the bulls are in command. That enhances the prospects of a rally above $1,746. If that happens, the ETH/USDT pair will complete a double bottom pattern. This setup has a target objective of $1,959.Sellers will make every effort to halt the recovery at $1,746. They will have to drag the price back below the moving averages to weaken the positive momentum. The pair may then extend its stay inside the range for some more time.BNB price analysisBNB (BNB) turned down from the 50-day SMA ($216) on Sep. 29 and 30 but found support at the 20-day EMA ($214). This suggests a positive sentiment where dips are being purchased.BNB/USDT daily chart. Source: TradingViewThe moving averages are on the verge of a bullish crossover and the RSI is in the positive territory, indicating that bulls have the edge. A break and close above $220 will suggest the start of a new uptrend. The BNB/USDT pair could first rally to $235 and subsequently to $250.Contrary to this assumption, if the price turns down from $220, the bears will again attempt to tug the pair below the 20-day EMA. If they succeed, it will indicate that the consolidation may extend for a few more days.XRP price analysisXRP (XRP) rose above the symmetrical triangle pattern on Sep. 29 and the bulls held the retest of the breakout level on Sep. 30. This suggests that bulls are back in the game.XRP/USDT daily chart. Source: TradingViewBuyers will next try to drive the price to the overhead resistance at $0.56. This is an important level to keep an eye on because a rally above it could indicate the start of a new uptrend toward the pattern target of $0.64.On the other hand, if the price turns down from $0.56, it will suggest that the bears have not given up and they continue to sell on rallies. That could restrict the XRP/USDT pair inside the range between $0.41 and $0.56 for a while longer.Solana price analysisSolana (SOL) blasted above the $22.30 overhead resistance on Oct. 1, indicating that the bulls are on a comeback.SOL/USDT daily chart. Source: TradingViewThe sharp up-move has pushed the RSI into the overbought space, suggesting that the rally may soon face resistance. The bears may attempt to stall the recovery at $25.50 and then again at $27.12. If the price turns down from this level, it will signal that the $14 to $27.12 range remains intact.The important support to watch on the downside is the 20-day EMA ($20.50). Sellers will have to yank the SOL/USDT pair back below this level to weaken the bullish tempo.Related: BTC price knocks on $28.5K as trader says Bitcoin 'reeks of disbelief'Cardano price analysisCardano (ADA) soared above the downtrend line and the 50-day SMA ($0.25) on Oct. 1, invalidating the developing bearish descending triangle pattern.ADA/USDT daily chart. Source: TradingViewGenerally, the failure of a bearish setup is a positive sign as bulls who have been waiting on the sidelines jump in to buy. However, before that, the price may turn down and retest the breakout level. If the level holds, it will signal that the bulls have flipped the downtrend line into support. The ADA/USDT pair could then start an up-move to $0.29 and thereafter to $0.32.On the contrary, if the price turns down and re-enters the triangle, it will indicate that the markets have rejected the higher levels. The pair may then retest the important support at $0.24.Dogecoin price analysisDogecoin (DOGE) rose above the 20-day EMA ($0.06) on Sep. 29 and reached the 50-day SMA ($0.06) on Oct. 1. This shows that the bulls are trying to start an up-move.DOGE/USDT daily chart. Source: TradingViewThe 20-day EMA is flattish but the RSI has jumped into the positive zone, indicating that the momentum is turning positive. A close above the 50-day SMA will open the gates for a possible rally to $0.07. This level may act as a minor hurdle but if crossed, the DOGE/USDT pair is likely to climb to $0.08.Time is running out for the bears. If they want to prevent the rally, they will have to quickly tug the price back below the 20-day EMA. The pair may then retest the crucial support at $0.06.Toncoin price analysisToncoin’s (TON) relief rally fizzled out at $2.31 on Sep. 28, indicating that the bears are selling at higher levels. The price turned down but the bulls held the $2.07 support on Oct. 1.TON/USDT daily chart. Source: TradingViewThe bears renewed their selling on Oct. 2 and pulled the price below the vital support at $2.07. If the price sustains below this level, the selling could intensify and the TON/USDT pair risks tumbling down to the 50-day SMA ($1.84).On the upside, the bulls will have to drive the price above $2.31 to open the doors for a possible retest of the overhead resistance at $2.59. This level may again attract aggressive selling by the bears.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Tamagotchi launched in 1996 and became a global sensation in the late ‘90s, with tens of millions of the virtual pets—along with scads of knockoffs—sold during that time. In recent years, the brand has embarked on various collaborations with other brands, including in fashion (such as Supreme) and anime series (like “Neon Genesis Evangelion”). According to CoinMarketCap, LDO has lost 17.88% of its value. RPL was worse off, with a 44.58% decline within the last 90 days. How to Create a Secure Bitcoin WalletPrimeXBT Offers Complete Security to Its Users The aim was to overcome certain limitations of ERC-721 and make the market for non-fungible tokens more dynamic and interactive.

Decentralized hosting providers are well-placed to welcome payment via cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), potentially simplifying the process, reducing costs, and offering a robustly secure method for procuring services. The retail sector drove volume in DeFi’s early days, Larsen explains, but was caught in an “unsustainable transaction fee environment” that “put a damper on adoption” just as broader attention turned to the nascent technology. (PDF) Improving the Cryptocurrency Price Prediction ...As the courtroom drama surrounding Sam Bankman-Fried continues to unfold, what is the best crypto to buy now? / Image by cryptonews.comFederal prosecutors dealing with the fraud case against Sam Bankman-Fried are pushing to bar any mention of the defendant's hefty investment in artificial intelligence firm Anthropic during trial proceedings, according to court filings on October 8.As the courtroom drama surrounding Sam Bankman-Fried continues to unfold, what is the best crypto to buy now?Prosecutors argue that Bankman-Fried's $500 million funding of Anthropic, now engaged with Amazon in a multi-billion dollar venture, should hold no bearing on the wire fraud accusations against him.Though Anthropic is currently valued at up to $30 billion, the prosecution says this valuation does not relate to allegations that the former FTX CEO misused customer funds.Introducing evidence related to Anthropic's lucrative business deals could force the trial into a lengthy examination of available assets to repay FTX creditors and customers, prosecutors claim.They contend the focus should remain on compensating FTX users directly harmed by alleged fraud. The legal fight comes shortly after Samuel Reed and Gary Wang, former FTX executives, confessed to various fraud charges connected to their activities with Bankman-Fried.Their testimony exposed that FTX's claimed insurance fund in 2021 was a complete sham, lacking any of the promoted assets. Wang and former Alameda Research CEO Caroline Ellison are slated to appear in court again soon, thrusting the already high-profile case further into the public eye.Experts view the trial as a bellwether for accountability and oversight in the thinly regulated crypto industry. While the sector has seen tremendous growth, cases like FTX demonstrate the severe consequences of abuse and poor safeguarding of customer funds.The outcome of the landmark SBF case will likely shape broader views on the trustworthiness and maturity of cryptocurrency exchanges. It also raises pressing questions about the responsibility of executives to protect user assets and operate transparently, regardless of an organization's success.While SBF's legal issues continue to make headlines, many investors are still looking for lucrative opportunities in the crypto market.For those seeking the best crypto to buy now, Toncoin, Bitcoin Minetrix, Quant, Meme Kombat, and Maker are all worth considering thanks to their strong fundamentals and/or favorable technical analysis.Toncoin (TON) Down 4.25%: Seeking Support at 50-day EMASource: TradingView / TONUSDTThe TON price continues to face selling pressure as the downtrend persists. Toncoin (TON) is down another 4.25% today as bears remain in control. This extends the coin's slide beneath the 20-day EMA of $2.0762, now acting as resistance.With the TON price declining towards the 50-day EMA of $1.9465, bulls are hoping this level will provide support. The key $1.9332 to $1.9835 zone must hold to avoid further losses. This area aligns with the Fib 0.382 level at $1.9837.The technical picture remains bearish at the moment. The RSI reading has fallen to 44.87, down from yesterday's 49.18. This shows fading upside momentum as TON nears oversold levels.Additionally, the MACD histogram now prints at -0.0355. This negative value has grown versus the previous -0.0328 reading, illustrating intensifying bearish momentum.On the volume front, caution is warranted. Despite the TON price dropping, the 24-hour volume has spiked 43.14% to $20.8 million. Rising volume amidst falling prices often precedes extensions lower.To turn the tide, TON needs to overcome resistance between $2.0332 and $2.1023. This area aligns with the Fib 0.5 level at $2.1013 and the 20-day EMA. Reclaiming this zone would put the focus back on the bulls.Until support is confirmed or resistance is broken, the path of least resistance appears lower for the TON price. Traders may look to tighten stops on longs while anticipating a retest of the key $1.9332 to $1.9835 support area. A decisive break lower could open the door to a steeper selloff.Bitcoin Minetrix: A Game-Changer in Cloud Mining. Best Crypto to Buy Now?Crypto prices have been declining in recent weeks, but one new project is bucking the trend. Bitcoin Minetrix, which seeks to offer easy and accessible cloud mining of Bitcoin, has raised over $850,000 from investors in just under two weeks.The forward-thinking startup seeks to tokenize cloud mining, allowing more people to get involved in Bitcoin mining without prohibitive upfront costs. Bitcoin Minetrix will facilitate mining operations and distribute revenues to token holders.In contrast, a rival project called MineLab was launched recently but is already facing scrutiny. MineLab's token saw a massive 10,300% price surge shortly after launch, prompting suspicions.The project has not released an audit of its code or locked its liquidity. Automated auditing tools detected the MineLab contract allows the owner to modify user balances, a significant security risk.Several users have reported their balances being reduced to zero, sparking rug pull concerns. MineLab's website also appears hastily put together, lacking key details on the project.Meanwhile, Bitcoin Minetrix has passed a professional audit showing no major issues. The project lists a physical address in Georgia and locks its liquidity at launch.Bitcoin Minetrix outlines a clear staking model, allowing users to earn passive income from staking rewards and eventual mining revenues.Several prominent crypto influencers have praised Bitcoin Minetrix's well-planned nature, citing its potential to become the best crypto to buy now. They believe it has a strong potential to disrupt cloud mining and predict significant price growth for the cryptocurrency.With the current presale stage ending October 16, Bitcoin Minetrix could sell out all allocated tokens priced at $0.011. The next stage will see the price rise to $0.0111.Staking is already active during the presale, offering APY yields of up to 704% as of writing.Visit Bitcoin Minetrix NowQuant (QNT) Price Prediction: Caught in Sideways Shuffle, Where's the Breakout?Source: TradingView / QNTUSDTQuant (QNT) has continued to trade sideways between $84.50 and $89.60 over the last week. Currently exchanging hands at $87.40, the QNT price is down 0.91% so far today after facing rejection at immediate resistance levels.Reviewing the 20-day and 50-day exponential moving averages (EMAs), we see the 20-day EMA residing at $89.40 while the 50-day EMA sits higher at $93.10. With the faster EMA below the slower one, this reflects the recent bearish momentum and absence of a meaningful uptrend.The RSI of 39.97 indicates the fading bullish sentiment and lack of direction. While not yet oversold below 30, the RSI’s downward trajectory signals waning upside momentum for now.The moving average convergence divergence (MACD) histogram is unchanged at 0.20, aligned with the directionless price action lately. The MACD line remaining below the signal line echoes the momentum deterioration.In terms of volume, the 24-hour amount is $4.2 million versus Quant’s market capitalization of $1.7 billion. The 18% decrease from yesterday's $5.1 million volume paints a bearish picture of dwindling trader interest.Regarding potential support and resistance zones, initial resistance resides between $89.00 and $89.70 based on the 20-day EMA and Fib level. Support is expected around the current swing low area of $84.50 to $86.30.Overall, with the bearish setup of the 20-day EMA below the 50-day EMA, fading upside momentum, and declining volume, the path of least resistance for QNT points is lower currently.However, the first sign of bullish life could emerge if the QNT price can break out above the 20-day EMA resistance around $89.40.This would signify the bulls regaining control and could spark an upside breakout from the recent consolidation. Traders may consider buying once a confirmed break and close above the 20-day EMA occurs in the upcoming days.Get Ready for Meme Madness: Meme Kombat's Decentralized Gaming PlatformThe new decentralized gaming platform Meme Kombat has raised over $400,000 so far in its presale. The startup intends to merge nostalgic gaming with blockchain technology and tap into the popularity of internet memes.The platform will allow users to bet on battles between cartoon meme characters and get rewards for predicting the right outcomes.Meme Kombat plans to feature 11 characters in the first season of battles, with the second season already in development for a 2023 release. The decentralized nature of blockchain is touted to ensure transparency in battle outcomes.The native token for Meme Kombat is $MK, which users can stake to earn passive income. The staked tokens can also be used to place bets on the gaming platform.Meme Kombat is leaning into the growing "gamble-fi" space which combines gambling with decentralized finance. With its meme-based appeal and gamified approach, the project hopes to find a niche in the expanding crypto gaming market.The platform states that the outcomes of each battle will be unpredictable thanks to the use of blockchain technology and AI components. Meme Kombat seeks to keep users engaged by ensuring no two battles have the same result.According to the project's white paper, Meme Kombat will conduct a security audit of its smart contract. The findings of this audit will be made public before the planned launch in Q4 2022.Meme Kombat is the latest contender hoping to parlay the mega-trends of internet humor and crypto adoption into a winning product. Its fundraising pace suggests a major competitor is entering the competitive crypto gaming field.Visit Meme Kombat NowMaker (MKR) Price Outlook: Will Bulls Defend the Support Zone?Source: TradingView / MKRUSDTMKR's impressive rally in September has been met with a downturn in October, with the coin's price dropping by over 13% in the last 10 days. Is this just a short-term dip or indicative of a more substantial market correction?With the MKR price hovering near a key support zone, technical indicators remain mixed regarding the coin's next move. A break below the 20-day EMA and Fib 0.382 support could open the door for further declines. However, oversold RSI readings hint a bounce could be forthcoming.The 20-day EMA for the MKR price currently stands at $1,389, just above the MKR price's current level of around $1,382. Typically, the 20-day EMA acts as an initial support or resistance level. A close below this moving average would likely turn it into resistance on any bounce attempts.The 50-day EMA sits at $1,387, with the MKR price sandwiched between the two key moving averages. This signals indecision in the market, as bulls attempt to hold the 20-day EMA while bears pressure the level. A decisive break below both EMAs could accelerate selling pressure.The RSI on the daily time frame is currently reading 52.32, down from yesterday's 54.77. This shows waning upward momentum but still remains outside oversold territory. There could be room for the RSI to fall further if the selling intensifies.The MACD histogram is printing -16, down from the previous day's -12. The growing negative value reflects building downside momentum, which could foreshadow more declines for the MKR price.The 1.46% drop in market cap to $1.34 billion, coupled with the 48.50% surge in 24-hour volume to $52.56 million, indicates sellers are firmly in control at the moment. Higher volume on down days tends to reflect strong conviction behind the selling pressure.The MKR price is currently testing an immediate support zone between $1,338 and $1,380, where the Fib 0.382 level also resides at $1,363. Bulls need to defend this area to avoid a steeper drop towards the psychological $1,000 level.On the upside, initial resistance lies between $1,533 and $1,600, where the recent swing high is located. Only a decisive break above this area would put the focus back on the bulls.While deeply oversold readings suggest the potential for a reflexive bounce, MKR's technical picture remains fragile below pivotal EMAs. However, a failure to hold the first layer of the Fib 0.382 support level could accelerate the selling.MKR traders may want to wait for a break outside of the $1,338-1,600 range before plotting their next move. In the meantime, employing prudent risk management given the volatile conditions is advised.Disclaimer: 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.Is It Too Late to Buy Trust Wallet? TWT Token Gains 30% as New Crypto Casino Project Raises $650,000 Although Litecoin's price has largely consolidated since the August halving event, its network hash rate has lately reached new all-time highs.Shiba Inu Leader Confirms New Incoming Journal, “The Shib”

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