Best Crypto Day Trading Strategies - cyptoranking.com

2024-05-14

Popular crypto exchanges(2023 Update) 2024-05-14
Image: cyptoranking.com

However, Ethereum continues to significantly underperform relative to Bitcoin. While Bitcoin gained approximately 1% in value in the last week, Ethereum lost nearly 2% in value. Among surveyed exchanges, 10 of them said they were facing difficulties in maintaining operations due to a lack of transaction fees. Best Crypto Day Trading StrategiesAccording to his observations from monthly charts, Cowen’s analysis primarily orbits around the ETH / Bitcoin valuation, which has trended downwards. Andrew Winning / Reuters file

Exchange Rankings Crypto
Image: cyptoranking.com

HOT/USDT Weekly Chart. Source: TradingView Throughout the history of video games, they have been a form of entertainment and relaxation after a tough day. But now, this generation of video games is not similar to traditional gaming. Nowadays, gaming is pretty much the same but with a twist: gamers can now earn big bucks. This new version of gaming allows players to find a real income just by playing an online game. How to buy and store Ethereum (ETH)?While Binance led the way with a $1 billion commitment to its stablecoin BUSD, other well-known companies contributed around $70 million. The IRI was structured as an open investment rather than a traditional fund. To achieve this goal, Morpho Blue adopts a strategy of isolating markets through individual asset vaults, which operate autonomously without the need for manual intervention by the DAO to adjust risk parameters. This approach empowers lenders to provide capital to borrowers at higher levels while still maintaining lower overall risk compared to multi-asset pools since they only have to worry about the risk of one asset. As for pesky gas fees, Morpho Blue's aspired simplicity reduces gas consumption by 60% compared to alternative lending protocol, the project claims in marketing materials.

Although the broader crypto market experienced some uplift, NFT sales didn’t mirror this positive trend. Week after week for the past seven weeks, NFT sales volumes have been plunging. “We regret that such an incident has taken place,” said Sorokin on the latest incident. He added that 3Commas is improving its security to prevent or limit similar future incidents. OKX Review 2022: Is OKX a Good Exchange?Read more: Zero-knowledge proof systems have room for improvement, say cryptography researchers General Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.What Is Cryptocurrency? A Complete Beginner’s Guide

This floating indicator shows potential losses or profits for open positions if you decide to close the trading position right away. This means that the value is based on real-time prices rather than incurred, inclusive exchange fees. Something often overlooked by budding protocols is sustainability. Distinct from scalability, sustainability can encompass both the energy requirements of a solution and a community’s capacity to continue with its function. While some may think this is downstream of other, more prominent concerns, it’s worth considering how the exchange of value will be of any concern on an uninhabitable planet. – Oleksandr Lutskevych, CEX.IO IMF Approach to Central Bank Digital Currency Capacity DevelopmentThis indicates that 57.63% of all NFTs sold over the week were Ethereum-based. However, sales of ETH-based NFTs dipped slightly by 0.84% this week. In the rankings, Mythos NFT transactions clinched second place, amassing $8.79 million — an uptick of 12.29% from last week. Lucky Star Currency is a project that focuses on NFTs and claims to be founded by astrologists. Its contracts include an Award Center and an NFT Marketplace. It is marketed toward the Chinese crypto investment market. The team promotes the project on X (formerly Twitter) under the username AstrAstrol75591. It also has a Telegram channel. As of Oct. 9, the project’s website and user interface are offline.Before the alleged rug, Lucky Star Currency was heavily promoted on the Chinese news app Toutiao and Q&A platform Zhihu.At approximately 02:52 a.m. UTC, BNB Smart Chain address 0x9Ef72Ee68a7c841986A0C60e0FDbAE4e27446Deb removed over 1.6 million LSC from the AwardCenter contract for Lucky Star Currency. In a second transaction, an additional 1.4 million LSC was drained from the project’s NFTMerge contract. After draining the funds, the attacker swapped them for over $1 million in BUSD via PancakeSwap and then sent them to the account 0x23f8c805306Bf27AB8bf3cEbEce4B778acfFd896. This account has been receiving BUSD from various sources for the past 82 days, implying that there may be more than one scam depositing funds into it.According to CertiK, the contracts that were drained have been listed on Telegram as the project’s official contracts.Admin Telegram post stating the official addresses for LSC contracts ‘NFTMerge’ and ‘AwardCenter.’ Source: CertiKIn addition, blockchain data shows that the attacking account is the deployer for the AwardCenter contract.Related: Chinese DeFi protocol WDZD Swap exploited for $1.1M: CertiKThe company that promoted the project claimed to have an office in Shenzhen City, China.Lucky Star Currency’s office in Shenzhen, China. Source: CertiK, TelegramRug pulls from Chinese projects have become a recurring problem in the Web3 space. Running a centralized cryptocurrency exchange is illegal in the country. Because of this, users who deposit into a Chinese protocol that has centralized elements may risk having their funds confiscated by the police.Over $100 million was lost in July when the China-based Multichain protocol drained all of its users’ funds into an attacker’s account. The team alleges that police have arrested their CEO, but victims are still searching for answers as to what happened to their funds and how they can be reimbursed.Local Web3 community launches ‘Crypto Aid Israel’ to help displaced citizens

Have an opinion on this story? Share it!