First Mover Asia: Bitcoin Is Ready for a Consolidation Phase - cyptoranking.com
2024-05-02
Traders can use margin by establishing either short or long positions and earn a profit when the market moves in favor of a trader. Also, in margin trading, there are some fees for opening a position and interest applied for borrowing coins. Source for metamask users to obtain key is now available below. You are able to import(hex) to Unisat. https://t.co/oETb7h7sA0 https://t.co/NGaaLiNNwW First Mover Asia: Bitcoin Is Ready for a Consolidation Phase“Imagine a world where you have two games. They have the exact same experience, but one of them has ownership. Which one are you going to play?” Anderson said. Read more: Nasdaq says it’s not the ‘right time’ to launch crypto custody business
Ethereum resumed its decline and retested the $1,550 support. BEL/USDT FTM/BUSD FUN/USDT GMT/BNB GMT/ETH HFT/USDT IDEX/USDT LEVER/USDT MAGIC/BTC MANA/BUSD OP/BUSD XRP/BUSD What Is a DEX (Decentralized Exchange)?Arbitrum and Optimism both maintain sequencer profitability, and while each has seen pullbacks in the number of active addresses on the networks, they remain close to yearly highs. Sam Bankman-Fried’s criminal trial continues in Manhattan Tuesday morning after his defense team submitted an eleventh-hour plea to bring new evidence before the court.
Undoubtedly, VCs have also been ditching crypto investment due to the AI hype. For example, SoftBank, the Japanese investment giant, has been aggressively investing in AI startups, diverting away from crypto investments. From a technical standpoint, Ethereum has marked important price levels to watch. Strong support lies at $1,498.81, with resistance hovering around the $1,666.23 mark. While the token has impressed with a 22% growth over the past year, outperforming 84% of the top 100 crypto assets, its recent performance raises eyebrows. Out of the last 30 days, only 16 have been in the green, at 53%, and is currently trading at $1,589. P2P Crypto Exchanges in AfricaCurious events at Axos continue. For example, Axos Bank’s CEO recently starting selling his own shares in the company. He, of course, claimed that he merely needed to make an unremarkable interest payment on a margin loan. In a space where past trends can sometimes indicate future outcomes, ETH’s price behavior, when viewed against BTC, offers a tale of potential concern.
Meanwhile, the apparel line includes three tee shirts and a hoodie that similarly mash up the brands’ respective imagery. The virtual pet games and apparel will all be released on October 14 via BAPE stores and the fashion brand’s official website, and then through the Bandai Premium webstore starting October 15. The introduction of ether futures ETFs might reduce market volatility, but could also dampen ether’s performance potential. Bloomberg Intelligence analysts suggest that such a trend typically emerges as an asset class matures. US regulator sues top crypto exchange Binance, CEO for 'willful evasion'Related: BIP-300 biff: Debate reignites over years-old Bitcoin Drivechain proposalOne builder in the blockchain space, “dotta,” noted that there is already a proof-of-concept on GitHub.Another X user, Sam Parker, attempted to resolve a common fear among Bitcoin (BTC) maximalists by explaining that BitVM won’t force Bitcoin’s to be “locked” into these contracts.“Finally, this is opt-in. If you don’t trust your coins being locked to some Turing complete contract (totally reasonable) then don’t lock them to a Turing complete smart contract. One of [the] beauties of the UTXO system is security sandboxing.”Others, such as “Psage,” say BitVM adds to the list of things that will push Bitcoin’s price forward in the next bull market.The bullish stuff around #Bitcoin is snowballing, lots of them controversial, nevertheless a few off my finger tips:- BitVM- Ordinals- Multiple Pres Candidates talking about it- ETF- Halving- Privacy improvements- Exponential Hash Rate increase- Countries mining ....— psage (@perspiringsage) October 9, 2023 While at first $20 million seems like a staggering amount to lose in a week, looking at the percentage loss of under 5% makes it more reasonable — and examining the contents of this portfolio such a loss seems unexpectedly low. Buterin’s portfolio is almost completely comprised of Ethereum, which makes up over $391 million of his assets, with the rest being minor quantities of various tokens.
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