96.9% Of Bitcoin Short-Term Holders Now In Profit - cyptoranking.com

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

2024-05-09

Popular crypto exchanges(2023 Update) 2024-05-09
Image: cyptoranking.com

On 4-Hourly chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage. Bitcoin Price Analysis:Bearish Failure at 27724 Again – 11 October 2023 96.9% Of Bitcoin Short-Term Holders Now In ProfitThe system works by breaking down complex computations into simple logic gates. These gates can be constructed using Bitcoin scripts and chained together to output the required computations.  Looking For a New Exchange? These Are the Best Crypto Sign-Up Bonuses in 2023

Exchange Rankings Crypto
Image: cyptoranking.com

Decentralized infrastructure network provider Nodle is working with the likes of Adobe and the Linux Foundation to use blockchain technology to prove the authenticity of real-world content captured by devices.In correspondence with Cointelegraph, Nodle co-founder Garrett Kinsman outlined the firm’s upcoming software development kit (SDK) for its ContentSign solution that will look to prove the integrity of data from its moment of capture using blockchain.Nodle is bringing ContentSign to the Content Authenticity Initiative, a project led by Adobe and the Linux Foundation, to create a future standard for media attestation.Related: Blockchain IoT firm Nodle goes open source with Web3 Bluetooth ‘nanocomputer’ stickerAs Cointelegraph previously explored, its main offering is a network leveraging smartphone Bluetooth connectivity to rent computing power, storage and the Bluetooth capability of devices to broaden the footprint of Internet of Things networks.A visualization of Nodle’s ContentSign solution capturing a real-world image that its data cryptographically signed and published on a blockchain. Source: NodleKinsman says ContentSign is set to form part of this puzzle to prove that a physical camera or device has captured a specific piece of visual media and its corresponding metadata:“The way this is done is by having a stamp that proves that a genuine camera has captured the video, the video has been signed by the private key only known by this camera, and a footprint of this video has been published to a blockchain.”The technology could prove useful for a myriad of use cases, including journalism. As Kinsman explains hypothetically, a journalist can capture video or picture of a breaking news event using a camera embedded with ContentSign technology:“As the video is recorded, ContentSign ensures it is stamped and signed with a unique private key exclusive to that specific camera.”The footprint of the video is then minted as a nonfungible token on the Nodle blockchain. The signature validates that the content originates from a genuine source and hasn’t been manipulated or artificially generated.Kinsman adds that the current iteration has the service emulated on a mobile phone through ContentSign’s SDK but future implementations could mirror technology found in cryptocurrency hardware wallets: “In the future, the camera will embed a secure element, similar to what you can find on a Ledger hardware wallet.”Blockchain solutions similar to ContentSign could prove crucial as artificial intelligence (AI)-generated content grows, driving the need for solutions distinguishing between authentic and fabricated content.“Blockchains, with their inherent characteristics of decentralization, transparency, censorship resistance and immutability, provide an essential framework to anchor authenticity.”Kinsman says that ContentSign is being directly explored as a solution for the insurance sector to process claims with accuracy and integrity. ContentSign will ensure that submitted visual proof for insurance claims is genuine and has not been tampered with or generated by AI.Magazine: The Truth Behind Cuba’s Bitcoin Revolution: An on-the-ground report Binance co-founder He Yi said that Binance’s cooperation with Israel was apolitical and applied only to Hamas and not the entire region of Palestine. The exchange could not refuse the law enforcement request, given the United Nations’ designation of Hamas as a terrorist group. The benefits of trading Forex pairs in decentralized financeSource: Stoner Cats / TwitterThe company behind Stoner Cats non-fungible tokens (NFTs) has to pay a $1 million fine and destroy all its NFTs per a settlement with the US Securities and Exchange Commission (SEC).According to the Wednesday press release, the SEC charged Stoner Cats 2 LLC (SC2) with conducting an unregistered offering of cryptoasset securities in the form of NFTs that raised approximately $8 million from investors to finance an animated web series called 'Stoner Cats'.Stoner Cats NFTs launched in 2021 ahead of the same-named series featuring sentient cats of one Ms. Stoner, created by actress Mila Kunis. As reported, Ethereum co-founder Vitalik Buterin was set to be a part of the project, as well as Jane Fonda, Seth McFarlane, Ashton Kutcher, and Chris Rock.However, per the US regulator's announcement,"Without admitting or denying the SEC’s findings, SC2 agreed to a cease-and-desist order and to pay a civil penalty of $1 million. [...] SC2 also agreed to destroy all NFTs in its possession or control and publish notice of the order on its website and social media channels."The project announced the order.Additionally, the order established a "Fair Fund" to return the money investors used to buy these NFTs. Prior to the series release, in July 2021, there was an NFT sale of 10,420 stoner cats for some $800 each, which sold out in 35 minutes.The SEC argued that the company's marketing team - before and after the public sale - promoted the benefits of owning the tokens, including the option to resell them on the secondary market. The SC2 team also emphasized its expertise as Hollywood producers, the participation of celebrities, and its own knowledge of crypto projects, thus leading investors to "expect profits" via a successful web series that could increase the NFTs' resale value.The order further stated that,"SC2 configured the Stoner Cats NFTs to provide SC2 a 2.5 percent royalty for each secondary market transaction in the NFTs and it encouraged individuals to buy and sell the NFTs, leading purchasers to spend more than $20 million in at least 10,000 transactions."Per Gurbir S. Grewal, Director of the SEC’s Division of Enforcement, be it beavers, chinchillas, or any other animal-based NFT, "the economic reality of the offering" defines a security, "not the labels you put on it."Carolyn Welshhans, Associate Director of the SEC’s Home Office, was quoted as saying that Stoner Cats wanted the benefits of selling a security to the public, while ignoring the legal responsibilities that come with it.____Learn more:- Vitalik Buterin Makes Curious Cameo in Kutcher and Kunis’ ‘Krypto’ Video- Ashton Kutcher Invested in Bitcoin Despite Wife’s Advice- SEC Chair Gensler: Crypto Industry Plagued by Misconduct and Legal Challenges- Ripple CEO Advises Crypto Startups to Avoid US, Suggests Jurisdictions with Smart PoliciesItalian Luxury Brand Panerai to Include NFT-Based "Digital Passport" with All Watches Source: TradingViewThe price of Shiba Inu (SHIB) has inched upwards by 0.5% in the past 24 hours, reaching $0.00000692 as the wider cryptocurrency market dips very slightly across the same period.SHIB is now down by 5% in a week and by 6% in the last 30 days, with the meme token also having lost 14.5% of its value since the beginning of the year, in contrast to many other major coins (e.g. BTC, ETH, XRP, SOL).However, October has historically been a very good month for SHIB, with the coin's surge of 822% in October 2021 showing just what it can potentially do towards the end of each calendar year.So if SHIB comes anywhere near replicating its performance from two years ago, it could end up entering November at a much higher level than it currently has now.Shiba Inu Price Prediction as SHIB Could Skyrocket to $0.00003000 – Will History Repeat Itself with an 822% October Surge?SHIB's indicators continue to suggest that the meme token remains very oversold, and that it has been since the middle of August.In particular, the chart below shows that SHIB's relative strength index (purple) has languished below 50 for nearly two months, with this indicator actually being below 40 for much of this time.Source: TradingViewSuch low levels signal heavy selling pressure, yet they also signal the possibility of a recovery rally, which becomes likelier with every passing week that SHIB's RSI struggles to clear 50 or 40.Likewise, the altcoin's 30-day moving average (yellow) has remained below its 200-day average (blue) since May, providing another very big sign that SHIB really should rebound soon.However, it's possible that the token hasn't quite bottomed out yet, seeing as how its support level (green) has been declining for more than a few weeks now.This decline indicates that few buyers are interested enough in SHIB to buy it when it falls to new lows, although SHIB supporters could argue that this is as much a sign of bearish market-wide sentiment as it may be of a lack of confidence in SHIB.Still, it's worrying that SHIB hasn't done much since August, yet again this potentially sets the stage for big gains in October.As noted above, October has been one of SHIB's best months, with even October 2022 seeing the coin rise by 10% in only 31 days.Of course, past performance is no guarantee of future performance, while it also needs to be remembered that SHIB's gains in October 2021 came when it was still a pretty low-cap coin, with much more growth potential than it has now.As such, SHIB supporters should perhaps not expect an 822% gain this time around, even if the token is due a rebound.New Alts With Strong FundamentalsWhile SHIB does look like it's due to rebound soon enough, it's not the only altcoin in the market with good potential right now, with several new presale coins also looking highly promising.Perhaps the most promising of all is Bitcoin Minetrix (BTCMTX), a tokenized cloud mining platform that launched its presale at the end of September and has already raised close to $900,000.Such a figure indicates that investors like what they see as far Bitcoin Minetrix's design and roadmap is concerned, with the platform offering users the ability to earn mined Bitcoin by staking the BTCMTX token.Specifically, Bitcoin Minetrix converts staked BTCMTX into tokenized mining credits, which can then be used to purchase hashpower on the Bitcoin blockchain.This enables users to indirectly mine BTC, with those who stake enough BTCMTX in line to receive freshly minted Bitcoin.Sweetening the deal further is the fact that holders can also earn new BTCMTX by staking the token, making it doubly profitable.It will have a total supply of 4 billion, with 1.4 billion being made available as part of the presale.Buyers can join this sale by going to the official Bitcoin Minetrix website, where BTCMTX currently costs $0.011.Each stage of the sale will increase this price a little further, with BTCMTX ending at $0.01190 by the tenth and final stage.And once this stage has closed, the token will list on exchanges, where it could make a big profit for early investors.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.Terra Luna Classic Price Prediction as LUNC Approaches Lowest Level in 2 Months – Will LUNC Keep Falling?

BuyNFT: Help with starting NFT trading and investing General Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.Is XRP’s Price Truly Under Manipulation by Major Banks? WazirX|Buy Bitcoin, Cryptocurrency at India's Largest ...“We’re talking about a highly successful project here. Stars Arena earned more than $120k in a day, with their revenue growing exponentially. The chart below is something that most people would salivate over, and the user engagement and excitement are things that even Elon could not create on X. So yes, $3m is absolutely not a large amount for this particular team with these ground facts.” “These customer insights are just so valuable to building the best products,” he says. “Businesses either don’t have them — or they’re going to lose them.”

What has notably captured the attention of numerous investors is the substantial surge in trading volume. In fact, the trading volume observed over the course of the past six hours stands as the highest since September 2021, a period during which the altcoin‘s price approached its all-time high. “It cannot be the law that an agency must have explicit Congressional authorization to apply existing law to new fact patterns in complex and evolving financial markets,” the association said. The 28 Most Sustainable Cryptocurrencies for 2023Ethereum Open Interest Rising: What Does It Mean? “A lot of those liquidity providers are already known to us because they work with Standard Chartered in other asset classes, so that helps, and they see what we’re trying to do,” he said.Could CBDCs, stablecoins shift institutional funding in emerging markets? Panelists weigh in


Sister links

Sources

Bookmark-new.svg