FTX Forays into Forex Derivatives Trading, Lists New Perpetual Future - cyptoranking.com

2024-05-13

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In its latest “The Bitcoin Monthly” report, the asset manager noted several noteworthy observations, including that the asset may be in “cyclically oversold territory.” USDT Supply on Exchanges Hits Seven-Month Levels FTX Forays into Forex Derivatives Trading, Lists New Perpetual Future“As further investment flows into decentralized crypto, liquidity will strengthen and risk becomes more straightforward to price, continuing a flywheel in which greater liquidity enhances security, leading to even further investor investment.”Bitcoin research expands on design space for smart contracts Bitget Wallet, known as Bitkeep, a non-custodial wallet solution, has announced a new partnership with Sunflower Land.

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The world's largest digital asset by market cap has outperformed ether and other major altcoins since the beginning of the year. Bitcoin changed hands for $27,354 at 2:28 p.m. ET, according to CoinGecko. The world's largest digital asset by market cap has traded flat over the past seven days, but is still up 66% this year compared with 32% for ether. The world's second-largest digital asset by market cap is priced at $1,561, down almost 6% in the past week. The 37xDubai art gallery, which will be opened to the public later in October, aims to educate artists and art aficionados on nonfungible tokens (NFTs) and the broader Web3 ecosystem through workshops held in the gallery after its official launch. Cointelegraph sat down with Danilo Carlucci, the founder of investment firm Morningstar Ventures and 37xDubai, which is based in the Dubai International Financial Centre (DIFC). Carlucci spoke about its goals with the new art gallery and why it is diving into NFTs and Web3 despite the conditions of current markets. First look at where NFTs will be displayed at the 37xDubai gallery. Source: 37xDubaiCarlucci says the gallery is “an effort to bridge art and technology in one place.” Being a more traditional venture capital fund, the executive said the art gallery is Morningstar Venture’s way to diversify into the more creative digital art and NFT space. He said: “We have various different types of digital arts, but we also have NFTs displayed. We don’t just sell these specifically handpicked NFTs, but we also educate the people who are visiting our gallery about what NFTs are.” Apart from displaying NFTs inside the gallery, the 37xDubai founder also highlighted that it is using NFTs that are inspired by its Tree of Life art installation as a membership token. Carlucci in conversation with Cointelegraph’s Ezra Requerra. Source: Cointelegraph The executive said it will also support events and various workshops around the adoption of Web3 technology. He said the project has advisers from Binance NFT and Binance Charity who will help it with these endeavors. Related: First look at the Bitcoin Tower in Dubai: Dev shares initial designWhen asked why it’s diving into NFTs, given the sentiments and data showing that NFT market prices are not what they used to be, Carlucci expressed his belief in the technology and explained why these NFTs in the gallery would be different. He said that while it’s not an NFT-only gallery, it does “believe in NFTs.” He also highlighted that the NFTs in the gallery have a different goal to those created by tech companies.The Tree of Life art installment at the 37xDubai art gallery. Source: 37xDubai“For the artists that we work with and we handpick. The incentive is creative. They want to make something creative, and they just happen to use blockchain technology for authentication purposes and for maybe sometimes the creative purpose, but the incentive is always creative,” he explained.Magazine: Pioneering generative artist propelled by personal tragedy — Matt Kane, NFT Creator Major crypto exchange FTX begins bankruptcy proceedings in USBlockchain analytics firm Santiment says that Ethereum (ETH) rival Cardano (ADA) just reclaimed the top spot in a ranking of development activity. This means insulation for pipelines to prevent freezing and the formation of ice crystals – you’d be surprised at how much water can be found when things start freezing. Also meaning a need for hydraulic fluid of a lighter weight that is intended to handle cold weather and maintain its viscosity for lubrication & pressure distribution functions. Or o-rings/packings of a different density or polymer that prevents excess shrinkage in response to cold temperatures; preventing leaks and loss of pressure. As well as factoring in which portions of equipment are receiving direct exposure to the elements versus insulation. This was a common problem being an aircraft hydraulics specialist for the Army in Iowa and then deploying to the Middle East; entire inventories and operating equipment must be retooled to the environment one will be operating in.

The daily timeframe technical analysis for the Bitcoin price is leaning bearish. The main reason for this is the decrease that began on October 2 (red icon), when Bitcoin created a bearish candlestick (red icon) after seemingly moving above $28,000 (red line). Aptos (APT) Coinbase is listing for US$100 billion on NASDAQ, but you ..."There are many reasons for the current altcoin/ether underperformance vis-à-vis bitcoin," Deutsche Digital Assets Head of Research André Dragosch told The Block. He said that a major catalyst for the underperformance of ether was the lukewarm reception from institutional investors toward last week's newly deployed Ethereum Futures ETFs in the U.S. Hours earlier, on Oct. 9, Ordswap posted a stark warning to users not to connect to its domain as it was not in control of it. It pinned the issue on Netlify — a website development and hosting firm.

Star Atlas CEO Michael Wagner previously told Decrypt that developers can use SAGE Labs to build their own UI or modify the game’s mechanics to create their own experience. Mythos Chain surges past Polygon and Solana Major crypto players appear to buy dip following SEC lawsuit against Binance— Yo in 🇸🇬 (@YoannTurpin1) October 3, 2023 Digital Asset Capital Management founder Richard Galvin said that ETH has fallen out of favor because it has low volatility. Other altcoins like SOL, XRP, and MATIC have lower liquidity, making it easier for smaller trades to move prices.

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