Rebecca Moen November 12, 2024 05:05 BitMEX announced that it will reduce the default initial margin and default maintenance margin for DOGEUSD and DOGEUSDT contracts starting November 12, 2024. BitMEX, a leading cryptocurrency exchange, announced a significant reduction in the default initial margin and default maintenance margin requirements for DOGEUSD and DOGEUSDT contracts. According to BitMEX, this change took effect on November 12, 2024 at 02:25 UTC. Impact on Traders The revised margin requirements apply to new positions, new orders, as well as changes to leverage or risk limits applicable to existing positions or…
Author: Crypto Flexs
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Will we see a return to “enthusiasm” for gaming tokens in this bull market? Bitcoin has hit all-time highs several times since Donald Trump was re-elected as President of the United States, and cryptocurrency analysts predict that the price of Bitcoin will soon reach $100,000. With a massive bull market likely underway, what will happen to gaming tokens this time around? Gaming industry insiders say that despite some disappointing token launches earlier this year, studios are starting to find a better balance between token launches and game development. Quinn Kwon, head of strategy at Delabs Games, told Web3 Gamer that…
Bitcoin recently hit a record $89,983, but the rainbow chart, widely known to show Bitcoin’s long-term price movement and market sentiment on a logarithmic scale, remains surprisingly low compared to previous bullish peaks. The popular Bitcoin rainbow chart predicts a six-digit future. Bitcoin’s price has surged over the past month as follows(…)
contributor Posted on: November 12, 2024 ADA surged 114% but faced strong rejection at the $0.70 resistance level. Cardano’s on-chain indicators suggested a short-term cooling despite optimistic liquidation sentiment. Cardano (ADA) was the best performer of the week, rising over 114% before facing significant resistance. The explosive move caught many traders off guard and pushed the price in the consolidation zone up around $0.42, challenging the crucial $0.70 barrier. However, momentum has since cooled, with ADA setting a 14% retracement in the last 48 hours. This strong decline signals higher levels of selling as traders take profits from the recent…
Timothy Morano November 12, 2024 05:27 Polygon (MATIC) announced integration with Instagram, allowing users to mint, display, and sell NFTs, improving creator engagement and monetization opportunities. Polygon (MATIC), a prominent player in the blockchain ecosystem, announced a significant development through its partnership with Instagram, according to Polygon Blog. The collaboration will allow Instagram users to mint, display and trade digital collectibles or non-fungible tokens (NFTs) on the Polygon blockchain. The move aims to provide creators with innovative ways to connect with their audiences and monetize their digital content. Instagram’s new NFT feature Polygon’s integration…
Cryptocurrency Mimcoin investors holding Gigachad (GIGA) tokens lost $6.09 million in a phishing attack involving fake Zoom meeting links.On November 12, GIGA recorded an unusual price drop due to a massive selling event. Soon after, Still in the Game, a prominent pseudonymous GIGA investor, actively warned about hacker involvement.“I want to be transparent. The big $GIGA sale today is because one of my wallets was drained by a fake Zoom link. It hurts a lot, but I’ll be back. I will always stay in the game.”According to cryptocurrency research firm Scam Sniffer, victims clicked on a fake Zoom call invitation…
Wang Long Chai November 12, 2024 06:03 Animoca Brands has raised an additional $10 million for its Mocaverse project, which aims to accelerate Web3 adoption and interoperability with major investors such as OKX Ventures and CMCC Global. Animoca Brands Secures $10 Million for Mocaverse Animoca Brands announced that it has secured an additional $10 million in funding for its Mocaverse initiative. This funding round saw participation from high-profile investors including OKX Ventures, CMCC Global and Hong Shan, formerly known as Sequoia China. According to Animoca Brands (https://www.animocabrands.com/animoca-brands-raises-additional-usd10m-for), the new investment aims to build a…
Snowden criticized Solana again. Venture capital funding is cited as a problem. Solana has been the target of criticism due to its centralization. Blockchain technology has long been a pillar of privacy and digital freedom. However, centralized entities are gaining more influence in this space. Recently, digital freedom advocate Edward Snowden reiterated these concerns. In recent public appearances, Snowden criticized centralized networks and venture financing. In particular, he once again singled out Solana in his criticism. Snowden blames Solana for VC influenceSolana has once again been criticized for its perceived centralization. On Monday, November 11, Edward Snowden spoke at Near’s…
Caroline Bishop November 12, 2024 06:41 Immutable (IMX) is a Gold Sponsor at the GAM3 Awards 2024, showcasing its impact on Web3 gaming and receiving multiple nominations highlighting technological advancements. Immutable (IMX), a leader in Web3 gaming, has taken on a pivotal role as a Gold Sponsor at the GAM3 Awards 2024, highlighting its significant contribution to the industry. As blockchain gaming continues to evolve, Immutable’s presence at the awards ceremony highlights technological advancements and the vibrant ecosystem that supports them, according to immutable.com. Web3 gaming market growth Since the early days when CryptoKitties…
An analyst with a history of spot cryptocurrency trading explains his bullish goals for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Bluntz, a pseudonymous analyst, told his 287,800 followers on social media platform Looking closely at Bitcoin, the analyst believes that BTC is in the midst of a fifth wave surge, pushing BTC towards a massive price target. “BTC has been accumulating vertically for longer than originally expected, so naturally expansion will also be higher. We are currently predicting BTC will reach $130,000-$150,000, waiting for further price action and how long the next few legs will extend. Modifications are possible.”…