Circulation is decreasing, indicating further upside potential for the token. Highly leveraged short positions can be liquidated between $0.89 and $0.96. AMBCrypto has seen Polygon (MATIC) rise back above $1 after gaining 20% over the past seven days. At press time, MATIC was acquired for $1.005. However, the recent milestone may not be the end for the token, as some on-chain indicators have hinted at further upside potential. One of these indicators was circulation. Circulation measures the number of tokens participating in transactions within a specific period of time. But when it comes to pricing, the metrics show something different.…
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join us telegram A channel to stay up to date on breaking news coverage Render prices rose 40% last week. Deal for $6.19 As of 9 a.m. EST, trading volume had surged 12% to $256 million. RNDR, sometimes called the Nvidia of cryptocurrency due to its focus on graphics processing units (GPUs), is one of a number of projects that could benefit from anticipation for the launch of Sam Altman’s OpenAI of Sora, a new AI tool to translate text. . By video. GPUs are essential semiconductor devices for powering artificial intelligence (AI) solutions, and Render aims to become a…
Binance announced support for the deployment of Starknet (STRK) for ETH staking users via a snapshot on September 15, 2022. Completion of the deployment is expected to be completed within 30 days from February 20, 2024. Binance, a leading global cryptocurrency exchange, announced support for its Starknet (STRK) deployment plan, specifically targeting users who participate in Ethereum (ETH) staking through the platform. This initiative is set up to enhance the value proposition of Binance Staking by rewarding Binance ETH staking participants with STRK tokens. Key Details of Starknet (STRK) Deployment Snapshot Timing: The critical snapshot for determining eligible Binance ETH…
Pixel is Ethereum Tokens from popular blockchain games pixelSince then, it has recorded a trading volume of over $1.2 billion. Starts on Monday morningAccording to data from CoinMarketCap.It is the 10th most traded cryptocurrency in the overall market, based on over 8,800 coins tracked by CoinMarketCap. This means that more PIXEL has been traded than some of the most popular cryptocurrencies, including: avalanche (Avex), Dogecoin (viceroy), Cardano (ADA) and polygon (MATIC) Last day.It is also the most traded gaming token over the past day. Next is the token, XAI. Arbitrum’s Layer 3 Gaming Network, recorded transactions worth $278 million in…
Bitcoin price is correcting gains from $52,500 resistance. BTC will need to stay above the $50,500 support to remain in bullish territory this month. Bitcoin price is struggling to break the $52,800 resistance zone. The price is trading below $52,200 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a break has occurred below the main bullish trendline with support at $52,200. With no apparent movement below the $50,500 support, the pair could start a fresh increase. Bitcoin Price Faces Hurdles Bitcoin price made another attempt to gain strength above the…
join us telegram A channel to stay up to date on breaking news coverage 2024 holds great potential for cryptocurrencies, with market conditions poised for a major upswing due to upcoming events. Considering the impending Bitcoin halving event and several other favorable developments, many experts predict that certain cryptocurrencies will potentially skyrocket by more than 50x. The cryptocurrency market continues to attract investor interest, with several projects gaining significant momentum and positive attention recently. The recent performance of these projects has not only brought profits to investors, but also increased participation in related blockchain initiatives, leading to a surge in…
Policy • February 19, 2024 5:40 AM EST Posted 1 minute ago In ~ Local media reported Monday that the ruling party People Power Party is considering allowing bitcoin spot exchange-traded funds (ETFs) as part of its election pledge for the April general election. In addition to spot Bitcoin ETFs, the right-wing party will consider legislative action to approve other cryptocurrency-related investment products approved in the U.S., the Korean news agency said. News 1 It has been reported. Last month, the Korea Financial Supervisory Service The ban was reiterated Restricts financial institutions from launching any type of cryptocurrency ETF.The ruling…
According to Bloomberg report, Japan is making progress toward allowing venture capital firms and other investment funds to hold cryptocurrency assets directly. Prime Minister Fumio Kishida’s administration has agreed to submit an amended bill to implement these changes, which marks a significant development in Japan’s approach to cryptocurrencies. Prime Minister Kishida supports cryptocurrency integration According to the report, Prime Minister Kishida’s cabinet approved the contents of the bill on February 16, according to a publication on the Ministry of Economy, Trade and Industry website. The bill aims to partially amend Japan’s Industrial Competitiveness Enhancement Act and includes provisions to include…
MultiWallet Coin is a revolutionary new cryptocurrency that offers a wide range of advantages over traditional fiat and other digital currencies. In this guide, we will take a look at the many benefits of MultiWallet Coin and why it is quickly becoming popular with investors and users alike. Advantages of multi-wallet coins 1. Security: MultiWallet Coin uses advanced blockchain technology to ensure the security and integrity of every transaction. This is a very safe and reliable form of currency. 2. Privacy Protection: With MultiWallet Coin, users enjoy complete anonymity and privacy as transactions are not linked to any personal information.…
To that end, Coinbase recently joined Canada’s Web3 Council, a multi-party non-profit organization that seeks to ease Canada’s recent legislative and regulatory plans that are pushing cryptocurrency companies out of the country. For example, in recent months, a number of exchanges, including Binance, Bybit, dYdX, OKX, Paxos, and Bittrex (the last of which declared bankruptcy), have decided to withdraw from Canada in direct response to “recent regulatory developments.” I did. .”