This is where Coinbase reportedly plans to set up its crypto derivatives exchange - cyptoranking.com

2024-05-05

Popular crypto exchanges(2023 Update) 2024-05-05
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Grayscale Investments wants to morph its Ethereum Trust into an ETF, a move that parallels a proliferation of ETH-related fund applications. Source / Sam CoolingThe Open Network's native Toncoin (TON) has bounced-up +5% after localised retracement from upper trendline resistance, but is it too late to buy Toncoin?Retracement has swept the Toncoin chart following rejection from upper trendline resistance - this comes following a dramatic upside pump triggered by the news that Telegram integrated TON wallet.TON holders are speculating a break-out move here could unlock skyrocketing price action, with eagle-eyed traders highlighting the huge amount of liquidity at higher price levels.TON Price Analysis: Is it too Late to Buy Toncoin?Despite the recent downside, Toncoin is currently trading high in the channel at a market price of $2.14 (Representing a 24-hour change of +4.21%).Loss of support from the 20DMA on September 30 has seen TON fall to the $2.00 price level, and a well-defended consolidation here has primed price action for the ongoing bounce.TradingView / TON USDTTON is still technically strong here, with reliable lower support to be found from the 200DMA at $1.75.The 20DMA (sat at $2.24) will form the first key area of resistance for the current upside move.Toncoin's RSI is showing minor bearish divergence, with an oversold signal at 53.83.While the MACD indicator reinforces this view with a -0.0383 reading suggesting stalling momentum.Overall, TON is fragile here - with the upside move targeting a reclamation of the 20DMA, against bearish indicators - possibly hinting at a further retracement.TradingView / TON USDTThis leaves TON with an upside target at $2.25 (a potential +5.34%).While downside risk could see TON fall to $1.78 (a possible -16.6%).This leaves Toncoin with a risk: reward ratio of 0.32 - a bad entry, overwhelmed buy downside risk.Meet TG Casino: Fastest Growing GambleFi Crypto Presale Hits $475kSource / TG CasinoAs Telegram trading bots and GambleFi dominate September's narratives, the TG.Casino ($TGC) presale is gaining significant attention - racing to $421k raised in just days, here’s why it should be on your radar.TG.Casino isn't just another quick Telegram bot pump-and-dump it's an intricately crafted ecosystem that marries the thrill of the casino world with the decentralized edge of blockchain.By being a fully licensed casino that integrates seamlessly into Telegram, which boasts over 700 million users, the reach and potential are undeniable.The ease of use, amplified by a no-KYC protocol, makes it an alluring proposition for both novices and crypto veterans with easy onboarding ensuring a seamless road to new user growth.With a range of offerings, from thousands of live casino games, slot machines, and table games to an expansive sportsbook, ensures an immersive experience.And for those keen on kick-starting their journey, the 150% matched deposit bonus on the first deposit plus 500 free spins is the cherry on top.From a security standpoint, users can rest easy - all data and funds are encrypted, ensuring robust protection against potential threats.While the $TGC token not only facilitates instant transactions but also serves as the beating heart of this dynamic ecosystem.The TG Casino Presale: Hype and BeyondSource / TG CasinoThe presale is where things get even more intriguing as the offered staking APY is nothing short of spectacular, standing proudly at 3,446%.Given that over a million tokens have been staked within a day of the presale launch, the momentum is palpable.And a well-conceived buyback mechanism ensures price stability and regular rewards, a win-win for the community.The $TGC token's utility is another aspect to spotlight - beyond its primary function in the casino world, its adaptability – be it swapped for gaming credits or other cryptos – adds layers to its potential growth.Its role in transactions, from deposits to withdrawals, signifies its pivotal role in the TG.Casino framework.How to Buy TG Casino Early?Step 1 – Go over to their official websiteThe first thing you want to get correctly is going over to their official website.Step 2 – Create a Crypto WalletYou need to set up a crypto wallet, and it's important to chose a wallet that supports ERC-20 tokens as this is TGC Standards.Step 3 – Purchase ETH or USDTNext is to purchase some Ethereum (ETH) or Tether (USDT), as these are the tokens used to exchange into TGC.Step 4 – Connect Wallet to Presale DashboardGo to TG.Casino’s website and click on the ‘Connect Wallet’ button. A pop-up box will appear, in which investors can choose their wallet provider and link their wallet to the presale dashboard.Step 5 – Buy TG.Casino TokenInvestors will see an order box on-screen where they can either select ETH or USDT (or buy on BSC) to use for the exchange. Investors also need to decide the amount of $TGC coin you want to buy; the minimum investment is 1,000 $TGC. After making sure that everything is accurate, confirm the trade.Step 6 – Claim TG.Casino TokenOnce TG.Casino's presale has ended, there will be a Token Generation Event (TGE), where investors can claim their purchased tokens by clicking the 'Claim' button on TG.Casino's homepage. That's all for how to buy TG.Casino.TG Casino's Unrivalled Tokenomics Could Trigger Biggest GambleFi MoonshotSource / TG CasinoTo wrap it up, TG.Casino ($TGC) presale is not just an opportunity; it's a front-row ticket to the future of Telegram GambleFi.With tokenomics supply - fairly distributed across the presale, liquidity pools, staking rewards, and player rewards - and the additional bolster of TG Casino's jaw-dropping 3,446% APY - this project is positioned to become a huge name in the GambleFi vertical.Its blend of a comprehensive ecosystem, enticing financial benefits, and user-centric approach make it a tantalizing prospect. But as always, arm yourself with research, and here’s to successful ventures ahead!Dive into the TG.Casino Presale Now.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.Is GALA Going to Zero? GALA Price Suddenly Drops 8% With $500 Million Volume as New Meme Coin Raises $300,000 This is where Coinbase reportedly plans to set up its crypto derivatives exchangeThat means investing $1 million or $2 million is simply not enough. They want adequate reward for the risk they’re taking, Carmi added. If the sides can’t work out how much of the amount should be returned to the defunct hedge fund’s own liquidation, Kaplan scheduled a two-day hearing starting on Feb. 5 to allow for arguments over how much money should change hands.

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Source: PexelsVanEck's Ethereum Strategy Fund (EFUT) is set for listing on the Chicago Board Options Exchange (CBOE), according to an announcement on its website.The investment management firm is gearing up to launch its Ethereum-styled futures contracts on October 2, having received approval from the US Securities and Exchange Commission (SEC).According to the company, the Ether futures exchange-traded fund (ETF) is expected to be entirely standardized, cash-settled futures contracts accessible for trades on the Commodity Futures Trading Commission (CFTC) regulated commodities platform. An ETF tracks the performance of a particular index or basket of financial instruments, which is what VanEck's offering aims to do.Dubbed the Ethereum Strategy Fund (EFUT) on its website, this offering will grant investors access to futures contracts without requiring direct exposure to the digital asset itself.VanEck further clarified that the ETF will be actively managed under a C-corp structure. A C-corp structure provides a more dynamic and beneficial tax framework to long-term investors than the S-corp structure. Providing more details on how much investors will be charged in management fees, VanEck put its expense ratio at 0.66%. Meanwhile, the investment firm with over $77 billion in assets under management (AUM) has been generating buzz about the ETF on all its social media handles, especially X (formerly Twitter). It has since launched a video encouraging investors to "Enter the Ether."All Good Things Come to Ethereum Core DevelopersVanEck has also stated its intentions to make a significant donation to the core development team behind Ethereum. According to a separate statement on X, the investment firm intends to donate 10% of its profits from the Ethereum Strategy ETF to the Protocol Guild – a team of Ethereum contributors managing the network's core development. VanEck's donation would span a period of ten years.The Protocol Guild has garnered well over $13.3 million in donations. According to a Dune-based dashboard dedicated to tracking these philanthropic donations, over 4,800 donations have been made, with the average amount at $2,842. Other projects that have contributed to the Protocol Guild include Arbitrum, Uniswap, and Moloch DAO.Meanwhile, VanEck is one of many investment managers starting its Ether futures contracts trading soon. Fellow US-based Bitwise Asset Management announced it would offer two Ether futures contracts and a Bitcoin strategy fund starting October 2. Other asset managers like Invesco Galaxy Ethereum ETF have informed the SEC of their intentions to offer an Ethereum-backed Strategy ETF. UBS' Tokenized Money Market Fund Goes Live on Ethereum Blockchain It shows that the STORJ price is trending between two major support and resistance clusters. However, increasing exchange outflows could tilt the tide in the bulls’ favor. Forex vs Cryptocurrency Trading-How do They Compare?However, according to a number of security experts that Blockworks spoke with, swapping between chains could provide the attacker with a number of benefits. The announcement comes just one month after the Web3 Foundation announced the appointment of a new CEO, Fabian Gompf, the former VP of Ecosystem Development at Parity Technologies.

Chainlink (LINK) holders are back in the accumulation phase as the price of the altcoin drops. Onchain analysts observed that over the last few hours, six token holders accumulated a total of 327,751 LINK from Binance, equivalent to $2.4 million. One game that may be behind the surge in NFT sales is Nitro Nation World Tour, a Web3 mobile street racing game that officially launched in October. The game is backed by popular DJ Deadmau5. Which crypto exchange without KYC?Crypto trading bot provider 3Commas is on “heightened alert” after some of its user’s accounts were compromised and used to place trades. Ho New / Reuters file

Global demand for affordable cloud storage and the influx of capital investment from crypto whales appear to be the main drivers behind the ongoing STORJ price rally to a 2023 peak of $0.52. “The existing game industry has gone through several new paradigm shifts, from the era of game copy sales to PC games, console games, and social games—or from feature phone games to smartphone games,” Lee said. Buy Bitcoin (BTC) with credit cardIn terms of price, Ripple price is trading 0.23% lower than last year. Source: TradingViewThe Ethereum price has dropped by 3.5% in the past 24 hours, falling to $1,667 today as the cryptocurrency market loses 2.5% amid profit-taking from investors.Despite today's loss, ETH remains up by 5% in a week and by 2% in the last 30 days, with the market's biggest altcoin also having gained by 39% since the beginning of the year.And with the market as a whole still carrying momentum from its rally at the start of the week, ETH could easily post further gains in the next few days, with its long-term prospects remaining as good as ever.Ethereum Price Prediction as $12 Billion Trading Volume Floods In – Where is ETH Heading Next?ETH's chart still looks good, even with today's loss, given that the coin's indicators continue to point towards further gains.Source: TradingViewThe altcoin's relative strength index (purple) has resumed climbing towards 60 after dropping from 70 overnight, a sign that today's profit-taking may not be enough to derail what could end up being a sustained period of rallying.Another encouraging sign comes from ETH's 30-day moving average (yellow), which continues to climbing steadily higher, potentially on course to climb over the coin's 200-day average (blue).What's especially heartening about this is that the 30-day average remains substantially below the 200-day, so ETH has plenty of room left to rise before it becomes dangerously overbought.It's also positive that the coin did not fall back down to its medium-term support level (green), something which indicates that the asset may have entered an accumulating phase overall.This would suggest that ETH is likely to resume gaining in the coming days and/or weeks, with the altcoin potentially on course to reach $1,700 by the end of the week and possibly hit $1,800 by the end of the month.There are good technical and fundamental reasons to suspect this, with ETH having been massively oversold for several weeks and months now, as indicated by just how low its RSI had been in September and August.Likewise, Ethereum continues to dominate the cryptocurrency ecosystem, with the layer-one blockchain accounting for around 55% of the entire DeFi sector, and that's without adding the TVLs of any ETH-based layer-two networks.It also continues to attract major adoption and usage, with PayPal's announcement of an Ethereum-based stablecoin being arguably the most noteworthy piece of news to hit the entire crypto industry in the past few months.Based on all of this, ETH is still on course to return to $2,000 by the end of the year, with a fully fledged bull market in 2024 likely to help it return to $2,500, if not higher.Newer Altcoins Can Rally FasterBecause ETH is an established altcoin, its gains from here on out may be fairly gradual, meaning that any traders looking for market-beating returns in a small amount of time may have to look elsewhere.Fortunately, there are a number of newer altcoins in the market right now which are set up nicely for potentially large gains in the near future, with a handful of presale tokens looking particularly promising.A prime example of such a coin is Meme Kombat (MK), a new gaming platform that will enable users to bet against each other on the outcome of AI-generated battles between well-known meme characters.Meme Kombat's presale has already raised more than $230,000, which is impressive considering that the sale has been open for only a couple of weeks ago.This suggests that investors are quickly being drawn in by the new platform's features, which will see users rewarded in the form of Ethereum-based MK tokens whenever they win bets on the results of computer-controlled fights.Another thing that makes MK attractive is that it will have a limited supply of only 12 million tokens, something which could make it considerably deflationary in the long run.50% of this supply has been reserved for the sale, with another 30% going towards battle and staking rewards, meaning that holders can also earn a passive income from the token.10% will go towards liquidity, while the last remaining 10% has been allocated to community rewards, a move that will help to incentivize greater engagement with Meme Kombat.New buyers can join the sale by visiting the official Meme Kombat website, where 1 MK token will cost $1.667 for the entirety of the sale.MK will list once the sale finishes in the next few weeks, at which point it could rally strongly.Visit Meme Kombat NowDisclaimer: 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.Solana Price Prediction as $1 Billion Trading Volume Sends SOL Flying Up 25% – Are Whales Buying?

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