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2024-05-15

Popular crypto exchanges(2023 Update) 2024-05-15
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The same media outlet quoted Alipay data as showing that “since the start of the Asian Games, the average number of daily payments made by inbound tourists on Alipay increased by 69%.” The next leg of DeFi users Digital currency newsThe negative correlation between the U.S. Dollar Index (DXY) and the stock prices of the largest U.S. companies (SPX) may carry some clues for the cryptocurrency sector and Bitcoin (BTC). If the dollar ends its uptrend, both stock markets and cryptocurrencies could soon experience a recovery. Zuckerberg envisions people using these photorealistic avatars for remote-work meetings, gaming, and social interactions to feel a greater sense of presence and connection. The ability to "teleport" into virtual spaces with realistic avatars of loved ones could profoundly change human communication and civilization, according to Fridman.

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Tudor Jones doubling down on bitcoin comes after he said in May that he believes in maintaining a small allocation to bitcoin — noting its limited supply that humans can’t tamper with. As selling pressure mounts on ApeCoin, Launchpad XYZ offers a contrasting narrative / Image by akif on Adobe StockApeCoin (APE) suffered a punishing reversal this past week, with the cryptocurrency plummeting nearly 20% to hover precariously below its immediate support zone. This sharp selloff comes amidst a spike in trading volumes, leaving APE vulnerable to further declines as traders weigh whether bears or bulls will prevail next.ApeCoin Price Prediction as APE Price Struggles to Hold Support After RejectionSource: TradingView / APEUSDTAfter rallying to a local high of $1.288 on October 2, APE faced firm rejection at the key reverse Fib retracement level of 0.786 at $1.288. This rejection catalyzed the start of the ongoing selloff, with APE now trading down near the swing low support zone of $1.033 to $1.107.With the APE price down 4.96% so far today to $1.034, bulls are battling to defend support. However, the robust 54.14% surge in 24-hour trading volumes to $33.2 million suggests sellers remain in control.APE Indicators Flashing Oversold - But For How Long?The daily Relative Strength Index (RSI) on APE now stands at 32.06, sharply down from yesterday's 36.97 reading. This shows rapidly deteriorating momentum and nears oversold territory below 30.Additionally, the MACD histogram produced a bearish crossover today at -0.001. This highlights building downside momentum that could place further pressure on the APE price.Upside Targets and Downside RisksTo the upside, the first target for APE bulls is the 20-EMA currently near $1.143. Beyond this, the 50-EMA at $1.294 and the Fib level of 0.786 at $1.288 represent the next layer of significant resistance.To the downside, losing the swing low support at $1.033 exposes APE to further declines. The next notable support zones come into play around the psychological $1.00 level and the extended reverse Fib 1.236 level at $0.807.After facing rejection at a key Fib level, the ApeCoin price continues bleeding lower while defending crucial support. With oversold technical readings hinting at bounce potential, bulls need to overcome initial resistance to invalidate the downtrend.As selling pressure mounts on ApeCoin, Launchpad XYZ offers a contrasting narrative. The upcoming AI crypto signals platform focused on education, trading tools, and more has attracted huge presale interest for its vision of a user-friendly Web3 portal.Launchpad XYZ Raises Over $1.86 Million in Ongoing Cryptocurrency PresaleLaunchpad XYZ has raised over $1.86 million through its ongoing cryptocurrency presale, putting it one step closer to becoming a comprehensive portal for all things blockchain.The platform, slated to launch before the end of 2023, will be a user-friendly entry point for both crypto newcomers and seasoned traders.“Easy access to the best projects in the blockchain space,” is how Launchpad XYZ CEO Terence Ribaudo describes the platform's core offerings.Visit Launchpad XYZ NowLearn, Trade, and Explore Web3 with Launchpad XYZThrough its LearnWithLaunchpad program, the platform plans to provide educational courses and training materials for individuals just getting started in crypto.More experienced users will have access to robust analytics, trading signals, and a daily newsletter called Trading Edge promising “market-leading alpha.”Beyond trading tools and educational resources, Launchpad XYZ aspires to be a centralized hub for all Web3 needs.The platform is developing a peer-to-peer NFT marketplace, a decentralized exchange, and will host new NFT mints and play-to-earn games among other web3 projects.An integrated wallet is also in the works to keep user digital assets secure yet easily accessible.Launchpad XYZ's LPX Utility Token Offers More Than Just AccessThe $LPX token will play an important role in the Launchpad XYZ ecosystem. Holding $LPX will grant platform access and unlock premium features like staking yields, whitelist access, and partner discounts.These incentives could lessen selling pressure on $LPX when it eventually gets listed on major crypto exchanges, as users are encouraged to hold the token to access the platform’s offerings.The token aligns with Launchpad XYZ’s goal of appealing to a broad crypto audience. Through its LPQ ranking system and Apollo features, the platform is developing an AI-powered trading tool to provide robust analytics and trading signals even for novice traders.With plans to be a comprehensive, user-friendly crypto platform, Launchpad XYZ is ambitious. But its utility token $LPX will be more than just a ticket to the platform.As Launchpad XYZ gears up for one of 2023's most anticipated crypto launches, the platform is laser-focused on delivering on its ambitious vision to be a one-stop hub for all things blockchain.With presale momentum building, the countdown is on for token holders eagerly awaiting access to this potentially game-changing portal.Visit Launchpad XYZ 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.As Viral DRS Token Rockets Up 25,000%, This Lesser Known Meme Coin Just Secured $400,000 in Funding – 100x Potential? 12 Best Crypto Coins To Invest In 2023: The Ultimate ...Better control of personal data This implies that the potential uptrend in the price of the premier meme coin is largely dependent on the broader market momentum. With its very high correlation with Bitcoin (BTC), we can expect DOGE to sustain its growth if the projected BTC recovery is actualized.

So far, over 46 million BNB tokens have been removed from public circulation, with over 53 million left to burn going forward. At present time, the 153 million BNB tokens are worth $32 billion, making it the fourth largest cryptocurrency network by market cap. Margin trading is also one such kind of trading method practiced by crypto enthusiasts for earning profit while the market becomes volatile. OKX: Buy Bitcoin, ETH, Crypto by OKEX MALTA LTD"In addition to its own platform, based on the project goals and audience groups, domestic and overseas mainstream NFT platforms suitable for issuing digital collections will be selected to issue NFT digital collections. Foreign platforms include but are not limited to OpenSea, Rarible, SuperRare, Foundation, etc." Image Soure: AdobeThe total value locked (TVL) across DeFi projects has experienced a resurgence after teetering below the $40 billion mark last week.According to data from DeFi TVL aggregator DefiLlama, the DeFi market cap is currently valued at over $41 billion, with approximately $1.6 billion in trading volume over the past day.The surge indicates a daily rise of around 6%, accompanied by a 6.39% increase in trade volume. Among the top DeFi tokens, Chainlink (LINK) has emerged as one of the biggest winners of the week, experiencing a more than 4% increase in value. However, other coins like Synthetix (SNX) and injective (INJ) have slipped by 2.70% and 3.36%, respectively, over the past week.Among smaller DeFi tokens, some witnessed notable growth while others faced significant declines. During the previous week, Ellipsis (EPS) experienced a remarkable rise of 129% and Thorchain (RUNE) climbed by 49.29%. Conversely, Persistence (XPRT) plummeted by 12.47%, and Mobox (MBOX) suffered a decline of 10.94%. Curve's CRV token, still recovering from a recent hacking incident, fell by an additional 4.81% this week.DeFi TVL Reaches Almost $42 Billion on SundayDespite fluctuations in token performance, theTVL in DeFi reached $41.94 billion on Sunday, narrowly avoiding falling below the $40 billion threshold. Leading the pack in TVL size is Lido Finance, boasting an impressive $15.11 billion in its liquid staking protocol. Following Lido, Makerdao, Aave, Uniswap, and Tron's Justlend protocol are ranked based on TVL size.Out of the 202 blockchain platforms, Ethereum dominates with over 58% of the TVL market share, amounting to $24.38 billion. Trailing behind are Tron, BSC, Arbitrum, Polygon, Optimism, Avalanche, Mixin, Solana, and Cronos. Tron's TVL commands a 13.31% market share, with a combined value of $5.56 billion as of Sunday morning.Furthermore, an astonishing 10.89 million Ether, equivalent to $20.252 billion, is locked in 23 distinct liquid staking DeFi protocols related to Ethereum. These protocols account for nearly half (48.28%) of the entire $41.94 billion TVL in DeFi across all 202 blockchain networksThe rise in DeFi TVL comes amid a surge in good news within the industry. Last week, payments giant PayPal announced that it is rolling out its PYUSD stablecoin soon.The dollar-pegged asset is issued by Paxos, a blockchain infrastructure firm that used to issue Binance USD (BUSD) stablecoin.Likewise, Coinbase announced the launch of its Ethereum (ETH) layer-2 scaling solution Base.The platform aims to enable developers to build their own crypto applications, expanding Coinbase's revenue streams beyond its core trading business. DeFi Protocol Zunami Loses Over $2.1 Million in a Major Price Manipulation Attack

It played a leading role in backing Mocaverse, an NFT project by Animoca Brands in December. The Ethereum and Bitcoin core networks have scalability problems as more individuals adopt both blockchains over time. While traditional payment systems like Visa and Mastercard can process 24,000 transactions per second, ETH and BTC networks are incredibly slower at 30 transactions per second. Transaction costs on both networks increase when block demand exceeds their capacity. Best Zero Fee Crypto Trading PlatformsBinance’s Ambitious $1 Billion Crypto Industry Recovery Initiative Has Failed: Bloomberg Cryptocurrency analysis company Santiment analysts mentioned interesting data about the Ripple (XRP) network in their analysis published today.

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