Is blockchain the next big tech career? - cyptoranking.com

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

2024-05-04

Popular crypto exchanges(2023 Update) 2024-05-04
Image: cyptoranking.com

Social connection is essential in the metaverse. Users can communicate with one another via voice and text chat, exactly as they would in real life. The metaverse, on the other hand, provides unique opportunities for sociability. Virtual venues may host events, concerts, conferences, and meetups that bring people from all over the world. A Closer Look at Argo's September Performance Is blockchain the next big tech career?Bitcoin also has a total supply of 21 million, all of which are exclusively available in digital format. Using a unique 26–35 character address that is linked cryptographically in the blockchain, users can store, trade, and transfer their assets to peers and crypto exchanges globally. Related: FTX hacker could be using SBF trial as a smokescreen: CertiK

Exchange Rankings Crypto
Image: cyptoranking.com

The concept of DAO is interesting to most. It has the potential to forever change how organizations and companies operate. Although DAOs may not be a fit for each business, they have multiple features that can make processes in a company more efficient. The Ethereum development project has been improving rapidly, and its future looks promising. Implications for Industry Can I buy Ethereum with Apple Pay?The assets deposited by users who currently have a position in any of the above-mentioned liquidity pools will be automatically transferred to their Spot wallets on 17-10-2023 07:00. With regards to ETH’s performance over the past day, CoinMarketCap indicated that the cryptocurrency saw its price slip by more than 2%. This meant that ETH was worth about $1,590.78 at press time. Meanwhile, ETH’s 24 hour trading volume experienced a 125.99% surge throughout the past day, which left it standing at $7.29 billion.

A Busy Week Ahead  Still, the event left a mixed sentiment. Some of the biggest fashion brands are venturing into Web3, and dedicated an entire day to a tech-focused event—but it appeared that even if there was a solution to make fashion 100% sustainable, it wouldn't be adopted unless it boosted their bottom line. 8 Best Bitcoin Hardware Wallet Review And ComparisonEven then, I don’t think it’s going to be that crazy. There’s a wave of institutions out there chomping at the bit to get into our space. They’re chomping at the bit to get their customers into crypto ETFs. It’s going to proceed in a little more orderly fashion than it has in the past. But I think there will be tremendous growth. That growth will be a slower exponential, but it will be exponential. However, it remains to be seen if BTC retail market participants will latch on the whales’ positive disposition in the coming days. 

Source: TradingViewThe Terra Luna Classic price has dropped by 3% in the past 24 hours, with its fall to $0.00005928 leaving the altcoin in 100th place in terms of cryptocurrency market cap rankings.LUNC is also down by 3.5% in the past week, and while it's actually up by 3% in the last 14 days, it remains down by 1% in a month and by 81% in the last year.Such falls point to a longer term decline which has taken hold of LUNC in 2023, with the coin's community struggling to make progress in boosting its price and that of its related stablecoin, USTC.This likely means that LUNC will continue dropping from here on out, yet if a serious course of action can be taken to boost its ecosystem and price, then it could potentially rally once again.Terra Luna Classic Price Prediction as LUNC Falls to 100th Place in Coin Rankings – Is It All Over?After riding the market's recovery on Monday, LUNC is declining once again, with its technical indicators responding accordingly.Source: TradingViewIts relative strength index (purple) has dropped from 60 a few days to nearly 40 today, and it could continue dropping before the coin becomes oversold in comparison to recent price movements.Also showing signs of weakness is LUNC's 30-day moving average (yellow), which is struggling to rise again despite seemingly flatenning out in the past week, with the average also still well below the coin's longer term 200-day average (blue).Such signals should be concerning, and it will therefore be interesting to see whether LUNC's current short-term support level (green) can resist a fall below $0.0000590.If it does drop below this level, then further falls are likely to be incoming, something already suggested by the fact that LUNC's longer term support level has been declining consistently over the entire year.It really does seem that the wider market has lost interest in LUNC, which has seen a number of accepted governance proposals fail to make a big impact on its price in recent weeks and months.The latest Terra Luna Classic proposal up for voting relates to a plan to fund an experienced team of developers, who would aim to implement a detailed roadmap of improvements and bring "value to the Terra Classic blockchain so that we can help push this chain where it deserves to go."However, it seems that many important validators and community members are voting against it, with some arguing that it's not a realistic plan.This is telling, because if active members of the community don't believe such plans are realistically achievable, then an outside could ask: what hope for Terra Luna Classic and LUNC going forward?A pessimist's answer would be: none.Of course, it's arguably encouraging to see that people are still seriously debating how to reboot Terra Luna Classic, so it may be premature to suggest it can never recover.But for now, it may continue falling for the next few months, unless a real plan can be put into action.New High-Potential AltcoinsGiven LUNC's problems at the moment, most traders are likely to be better off buying into other altcoins, with several new presale coins looking like they're in a good position to rally when they list.One clear example of such a coin is Bitcoin Minetrix (BTCMTX), a tokenized cloud mining platform that will enable ordinary investors to mine Bitcoin simply by staking its native token.Bitcoin Minetrix has impressively raised just over $400,000 in barely a couple of weeks, providing a clear sign of just how enthusiastic investors are for the new project.And the reason they're becoming increasingly enthusiastic is that Bitcoin Minetrix's platform will enable users to stake their Ethereum-based BTCMTX tokens in order to receive tokenized mining credits, which can then be used to buy hashpower for Bitcoin mining.By doing this, holders and stakers will be able to receive actual BTC as a reward for their contributions, with Bitcoin Minetrix's platform set to make Bitcoin mining much more accessible to much more people.This is why people are already going for its presale in a big way, with the sale being allocated 1.4 billion BTCMTX tokens, out of a total maximum supply.New buyers can join the token's presale by going to the official Bitcoin Minetrix website, where 1 BTCMTX currently sets you back only $0.011. This price will rise with each successive stage of the sale, and will eventually reach $0.01190000 by the time the sale closes, although it could easily rise much higher once the coin lists.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.Litecoin Price Prediction as LTC Spikes Up 2.9% – Here are Key Levels to Watch Instruction & Training Cryptocurrency Exchange Platform Market Size, Forecast ...Although altcoins are facing a pullback, Bitcoin has managed to maintain a significant support level, according to the analyst. In a statement, Mahajan said that the experience of seeing Zynga pull FarmVille offline in 2020 inspired him to explore the use of blockchain technology to design and deploy “forever games.”


Sister links

Sources

Bookmark-new.svg