Equity markets to remain closed on Thursday, derivatives expiry today - cyptoranking.com

2024-05-10

Popular crypto exchanges(2023 Update) 2024-05-10
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XRP (XRP) price is down today, mirroring declines witnessed elsewhere in the cryptocurrency market.On Oct. 10, XRP’s price dropped nearly 1.5% to $0.50, bringing its week-to-date returns to -4.5%. The token’s sell-off in the week mirrored bearish sentiments across the top-ranking crypto assets, with Bitcoin (BTC) and Ether (ETH) down 1.8% and 3.5%, respectively.XRP/USD vs. BTC/USD and ETH/USD daily price performance chart. Source: TradingViewLet’s take a close look at the catalysts moving XRP’s price lower today.XRP drops amid Israel-Palestine conflictCrypto traders have ditched most top cryptocurrencies in the face of an escalating Israel-Palestine conflict. XRP is no different.For instance, the crypto market’s total capitalization has dropped by over $32 billion since Hamas attacked Israel over the weekend. On the other hand, demand for traditional safe havens like U.S. Treasurys and gold has jumped. Crypto market vs. US 10-year Treasury and gold daily performance chart. Source: TradingViewCryptocurrencies’ immediate reaction to geopolitical conflicts has been mostly negative in the past. For instance, the crypto market’s valuation dropped over 11% when the Russia-Ukraine conflict broke out on Feb. 24, 2022. The market pared most of these losses shortly after. Big XRP inflows to crypto exchangesXRP’s decline this week further coincides with massive token transfers over the weekend and at the week’s beginning.On Oct. 9, an address associated with Ripple moved 60 million XRP worth about $30 million to an unknown wallet, data resource Whale Alert updated. Another wallet transferred over $15 million to the Bitstamp crypto exchange. 30,300,000 #XRP (15,214,882 USD) transferred from unknown wallet to #Bitstamphttps://t.co/TgqGDcIt2y— Whale Alert (@whale_alert) October 9, 2023 Sam Bankman-Fried’s Attorneys To Cross-Examine Gary Wang Regarding Alameda LoansThe Bitcoin 16 Year Cycle, And It's Correlation To The Internet Bubble Equity markets to remain closed on Thursday, derivatives expiry todayOne Web3 cybersecurity service explained:“Their DNS records have been modified to redirect to a phishing web-site that drains users wallets.”Crypto detective ZachXBT reported that funds were being stolen from Galxe. The wallet ZachXBT linked to the exploit continued to gather funds after the Galxe website came back online, hovering around $160,000 at 17:15 UTC, according to DeBank.ZachXBT suggested a link between the Galxe exploiter and the party that attacked the Balancer protocol on Sept. 19. That was the second attack on Balancer in the span of a month. Once you connect to Galxe, you will be prompted for approval.If you approve by logging in to WEB3 as usual, all assets will be removed.Please RT and spread the word. pic.twitter.com/W51Bdd78KU— ZORBA۞ (@OHzorba) October 6, 2023 CleanSpark, a Bitcoin mining company, celebrated its "best quarter" and "best fiscal year ever" according to CEO and President Zach Bradford. In September, CleanSpark produced 643 BTC, contributing to a total of 6,903 BTC during its fiscal year from October 1, 2022, to September 30, 2023. Bradford attributed these record-breaking results to increased efficiency, low energy costs, and running facilities at maximum capacity.

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Bradley Keoun contributed reporting to this story.Read more: Israel War Prompts Crypto Firms Including Fireblocks, MarketAcross to Start Aid FundMeet the guerilla artist who staged a crypto ‘rug pull’ in front of the SEC According to another account of the trial, Wang said he met with government officials 18 times. The first two meetings were with agents of Justice Department, Federal Bureau of Investigation, Securities and Exchange Commission and Consumer Financial Protection Bureau, and he told them that Bankman-Fried’s Nov. 7 tweet, “FTX is fine. Assets are fine,” was true. Deutsche Bank criticised by regulators over forex mis-selling probeCrypto flows by country of exchange. Source: CoinShares Bitcoin (BTC) experienced one of the first such signals back in April 2014, immediately shedding some 17% of its value from $442 to $363 — though the bearish price action was short-lived. Shortly following its April sell-off, the asset rose 90% and topped out at $683 roughly 50 days later.

According to reports, armed attackers stormed a music festival in southern Israel, killing an estimated 260 people over the weekend. Crypto Aid Israel reports that the attacks have killed at least 900 Israelis and wounded over 2,000. The logic behind Friend.tech asking for confirmation via a text message (to verify you can receive their texts) is flawed, as you wouldn’t be able to read their message in the first place if you didn’t have access to those texts. GlobalCapital is pleased to announce the shortlist for the 2023 Global Derivatives AwardsWhat is a Smart Contract? US SEC Would Likely Let Ethereum Futures ETFs Go Live Next Week: Bloomberg Intelligence Analyst

In addition, innovative consensus algorithms such as Algorand’s Pure PoS, DPoS and HoneyBadgerBFT have transformed the industry. Algorand uses a PoS method in conjunction with a Byzantine agreement protocol to ensure quick and irreversible finality for transactions. The Role of NFTs in Crypto Gaming How to reduce the high derivatives turnover in India?A small part of what crypto addresses and can be solved is a technical problem. But more broadly, there are social, political and economic challenges that it’s going after. Those take a lot longer, and it’s really about changing the structures of institutions, which will inevitably take decades and can’t be measured in two-year product market cycles.Pro sports teams piling on to Chiliz fan token opportunities Altcoins share the same fundamentals as Bitcoin in using the blockchain as a trusted, distributed public ledger, which allows and records a transaction only if the transaction is legitimate. But many altcoins have taken this premise to either use it to achieve different goals or look out to improve flaws in Bitcoin.

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