How to Buy Bitcoin - cyptoranking.com

From Wikinews, the free news source you can write!
Jump to navigation Jump to search

2024-05-14

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

Meanwhile, the defense's use of cross-examination to confirm facts and details of the prosecution's witnesses' testimony has drawn criticism from Judge Lewis Kaplan, who believes it is an inappropriate use of court time. Together, these three collections manage 77% of all accounts created, leaving little room for competition. How to Buy BitcoinThe old Terra blockchain continues to operate, with its tokens being renamed Terra Luna Classic (LUNC) and TerraClassicUSD (USTC). More Privacy

Exchange Rankings Crypto
Image: cyptoranking.com

Source: TradingViewThe price of Solana (SOL) has surged by 25% in the last seven days now, with the coin's rise to $24.21 also representing a 6% gain in 24 hours.This makes SOL one of the best-performing coins in the market right now, with the token also having appreciated by 23% in a month and by just over 140% since the beginning of the year.And with SOL's jump today coming when the market as a whole appears to be beginning a recovery, it's very likely that the altcoin could record further gains in the next few days and weeks.Solana Price Prediction as $1 Billion Trading Volume Sends SOL Flying Up 25% – Are Whales Buying?It will be particularly interesting to see whether SOL can break through its current resistance level (red) of about $25, with a sustained breakout being likely if it does manage to do this in the next couple of days.Source: TradingViewIt certainly has the momentum to reach some new levels at the moment, with its relative strength index (purple) breaking through the 70 level earlier today and still inching up towards 80.This would suggest that it's not about to lose momentum anytime soon, with its 30-day moving average (yellow) now on course to overtake its 200-day average (blue), something which could provide another source of a breakout.There's no question that SOL is very strong right now, with its 24-hour trading volume close to hitting $1 billion, which would be its highest since July.Such a spike in volume could indicate that whales and large investors are now accumulating the token once again, although there have been no especially large SOL transfers in the past couple of days, meaning that retail could be driving today's spike.Either way, some analysts are predicting big things for SOL, which had been oversold over the past couple of months but which had remained fundamentally strong despite this.Indeed, Solana's total value locked in has risen by 61% since the beginning of the year, suggesting that usage of its dapps and ecosystem is beginning to recover.As such, SOL could be on course for further gains in the next few weeks, especially after Visa announced last month the inclusion of Solana in its stablecoin trials, something which could be massive for the network going forward.For this reason, SOL can be expected to hit $30 in the next couple of weeks and to reach $35 or $40 by the end of the year.New Altcoins Bring New RalliesWhile SOL remains one of the most promising major tokens in the market, there are a number of alternative cryptocurrencies available right now, with several new presale coins looking set to have big listings in the next few weeks.One of the strongest such coins in terms of fundamentals is Bitcoin Minetrix (BTCMTX), a tokenized cloud mining platform that will make Bitcoin mining more accessible to retail investors.Impressively, Bitcoin Minetrix opened its presale last week and has already raised more than $300,000 so far, a sign that investors are impressed by its unique approach to Bitcoin mining.What Bitcoin Minetrix does is enable users to stake their Ethereum-based BTCMTX tokens so as to receive tokenized mining credits, which can then be used by holders to use Bitcoin mining hashpower.In other words, staking enough BTCMTX will allow holders to mine and earn actual BTC in return, which is why Bitcoin Minetrix promises to widen access to Bitcoin hashpower and mining.Its stake-to-mine platform is due to launch towards the end of 2023, with its native BTCMTX token having a maximum supply of 4 billion, with 1.4 billion being allocated to the presale, and with 15% going towards community rewards.Such rewards will help encourage holders to participate in the Bitcoin Minetrix ecosystem and promote it to other investors, who can join the token's presale by going to the official Bitcoin Minetrix website and connecting their wallets.1 BTCMTX will cost $0.011 during the sale's first stage, although this will rise to $0.01190000 by the tenth and final phase.As such, buyers will have to act speedily if they want to buy BTCMTX at the lowest possible price, because the coin could rally big once it lists on trading platforms in the next couple of months.Visit Bitcoin Minetrix 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.XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy? Source: TradingViewThe Ethereum price has dipped by a very slight 0.2% in the past 24 hours, falling to $1,633 as the cryptocurrency market remains flat today.ETH has retreated slightly after another failed attempt to breach the $1,665 resistance level, with the altcoin down by 3% in the past week but up by 2.5% in the last 14 days.The token has also risen by 36.5% since the beginning of the year, and with the market recently showing signs that it may be moving towards a recovery, ETH remains one of the likeliest coins to bounce back soon enough.Ethereum Price Prediction as ETH Faces Uphill Task in October 2023 – Can the $1,665 Threshold Be Breached?While ETH has seesawed quite a bit in the past couple of weeks, its indicators are in a position that suggests it should rally substantially soon.Indeed, it's encouraging to note that its 30-day moving average (yellow) has been well below its 200-day average (blue) for over a month now, while its relative strength index (purple) is nearing 50 and pointing towards incoming gains.Source: TradingViewTaken together, the position of these indicators would imply not only that ETH has been oversold for too long, but that it's now due to rally strongly very soon.It certainly doesn't look as though it's going to fall significantly any more in the near future, with its support level (green) rising steadily since the middle of September.Of course, the question is whether it can breach its current near-term resistance level of around $1,665, something which it has failed to do in the past 24 hours.Likewise, its medium-term resistance level (red) of roughly $1,730 is another big barrier, but if ETH can crack this level it increases the chances of a significant rally.The arrival of such a rally may depend on an improving macroeconomic picture, with rising government bond yields hurting stock markets at the moment and correspondingly hurting crypto.Still, when the picture does improve, ETH is well placed to rally strongly, with the coin having some of the strongest fundamentals in the cryptocurrency market.Its total value locked in accounts for the vast bulk of the entire DeFi sector, particularly when you include its layer-two networks in the equation.It also attracts plenty of outside interest, with PayPal launching a stablecoin based on Ethereum recently and Visa including its network in its own stablecoin trials.As such, ETH remains highly undervalued and should be much higher in the longer run, with the coin likely to hit $2,000 by the end of the year.Other Altcoins With High PotentialFor traders who want to diversify beyond established tokens such as ETH, there are a number of promising new altcoins in the market right now, with several presale coins promising to rallying significantly once they list on trading platforms.This includes Bitcoin Minetrix (BTCMTX), a tokenized cloud mining platform that will enable ordinary investors to mine Bitcoin without specialized mining equipment.The project has already raised over $500,000 in its sale, which has been open for only a couple of weeks, and is aiming to raise a total of $15.6 million.It will likely hit this figure with time to spare, given that investors already seem drawn to its offer of enabling investors to mine actual Bitcoin by staking its native token, BTCMTX.Its system works by converting staked BTCMTX into tokenized mining credits, which are then used to purchase hashpower on the Bitcoin blockchain, thereby enabling users to indirectly mine BTC.Bitcoin Minetrix has arrived at a very opportune moment, given that Bitcoin is set for its next halving in 2024, meaning that demand for BTC is likely to increase even further enough.And by extension, this should result in greater demand for BTCMTX, which investors can acquire at a discount now by visiting the official Bitcoin Minetrix website.1 BTCMTX currently costs $0.011, yet this will rise with each stage of the presale, which will end with the token at $0.01190. Such a price is likely to end up seeming very cheap once BTCMTX lists on exchanges, which is due to happen once the sale ends in the next couple of months.Visit Bitcoin Minetrix 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.XRP Price Prediction as $1 Billion Pushes XRP Above $0.50 Resistance – Here's the Next Level to Watch XRP Price|Buy XRP OnlineRead more: Over 75 bidders contacted for possible ‘FTX 2.0’ launch Contractors will have until Oct. 17 to submit their application and design the platform within three months' time. The aim of the China Daily NFT Platform is to "improve the spread of the influence of the Chinese Civilization" through means such as the use of the "metaverse, virtual reality (VR), augmented reality (AR), mixed reality (AR), and Blockchain, irreplaceable digital assets (NFT), big data, cloud computing and other technologies."

“There is a need for central banks and financial regulators to gain firsthand knowledge of crypto asset and DeFi markets, and there is a dearth of reliable and tailored data for such purposes,” the team behind Atlas wrote. Transparency and fair play Best Noncustodial Wallets for Secure, Convenient Crypto ...CZ also said that there will be a BNB burn in the near future. No Altcoin Season This Year?

In spot markets, a rising Gamma in options can have a ripple effect. When Gamma increases for options, market participants holding those options may have to adjust their positions more frequently to hedge their risks. Cryptocurrency analysis company Kaiko analysts examined the reasons for this situation in their latest report. Open Interest: Definition, How It Works, and ExampleThe Federal Reserve’s decision to either raise or pause rates on Wednesday may not significantly impact the crypto market, according to industry watchers. However, insights from the US central bank about its overall view of the economy might. Yellow Duckies is an innovative platform that merges non-fungible tokens (NFTs) with interactive gaming and advanced financial technology built on the Polygon blockchain. The idea behind the Yellow Duckies NFT game is to create unique digital Ducklings NFTs and meld them together to obtain rare cards. These cards provide players with extra benefits within the “Yellow” ecosystem.


Sister links

Sources

Bookmark-new.svg