Day: October 5, 2022

XRP Chills About Support And Aims Higher, Will It Breach $0.5?

boss

The crypto market is bouncing from daily support levels with XRP outperforming larger cryptocurrencies, such as Bitcoin and Ethereum. This token has been trending to the upside and moving against the tide even when conditions were unfavorable on small timeframes. At the time of writing, XRP’s price trades at $0.49 with a 3% profit and 9% profit in the last 24 hours and 7 days, respectively. With the exception of Bitcoin, larger cryptocurrencies are recording sideways movement or negative performance as XRP bounces. XRP’s price with bullish momentum on the…

25/09/2022| Cryptocurrency news today | Crypto news today | Crypto market crash today | English

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 25/09/2022| Cryptocurrency news today | Crypto news today | Crypto market crash today | English | Cryptocurrency for beginners In this video, we have covered news from across the Globe. Watch this video and keep yourself updated. Latest Crypto updates latest Crypto News. Cryptocurrency news today Crypto news today Bitcoin news today in English. ===================== For business-related inquiries: youtube@bitbns.com ===================== New’s Covered in the Video -Flynt Launches Industry’s Highest Yield Product on Bitcoin. -Shiba Inu Team Shares Details About $5,000 Trailer Contest…

Crypto Derivatives Exchange PowerTrade Launches RFQs for Institutional Options Trading

boss

“Our goal with RFQ is to drive the adoption of the crypto options markets by supporting smaller institutional traders with no minimum order sizes,” said Bernd Sischka, head of institutional sales at PowerTrade, in an interview with CoinDesk. “We are tackling key problems in the crypto derivatives industry that are impeding rapid adoption of these products amongst the traditional finance clients.” Source

Bitcoin derivatives data reflects traders’ belief that $20K will become support

boss

Bitcoin (BTC) showed strength on Oct. 4 and 5, posting a 5% gain on Oct. 5 and breaking through the $20,000 resistance. The move liquidated $75 million worth of leverage short (bear) positions and it led some traders to predict a potential rally to $28,000. $BTC #Bitcoin Shared this descending channel 2 days ago.$BTC has managed to break through the middle line.Next target = Upper channel trendline = ~21.5k. In case of a breakout, 28k-30k are possible. pic.twitter.com/dyqMLdcXZ4 — ⓗ (@el_crypto_prof) October 4, 2022 As described by @el_crypto_prof, the descending…

Solana Spikes 3% After Recurring Glitches

boss

There has been some criticism about Solana since it was established in March of 2020. Through a thread he created, Cyber Capital founder Justin Bons exposed the network’s recent “anomalies.” and how it violated decentralization in the sense of DeFi. The native token of the network had a bullish pullback despite the controversy. Given the fundamental nature of some of the conflicts in which the Solana network finds itself embroiled, this comes as something of a surprise. Is this price drop a precursor to future gains? The Barrier To Confusion…

Reversible blockchain transactions would improve cryptocurrency

A proposal out of Stanford University to make crypto transactions reversible is adding a wrinkle to discussions of crime and fraud prevention. Researchers suggested that mutability — the ability to reverse blockchain transactions — would help prevent crime. One of the advantages of cryptocurrency is that it is possible for the market — individuals, traders and banks — to decide if reversibility is wanted. Not only would a new (reversible) cryptocurrency be able to test the acceptance or desire for reversible transactions, it would help to test the idea that…

Regulatory Scrutiny Threatens Ethereum’s Rise, Will It Succumb Under Pressure?

Ethereum has been seeing increased regulatory scrutiny in recent months. This comes following the network’s move to a proof of stake mechanism and the introduction of staking to the others. As sanctions have been levied against protocols such as Tornado Cash, it is becoming increasingly possible that regulatory bodies may turn their focus to Ethereum. Now, it seems the parameters for determining whose purview ETH falls under are being hashed out. Ethereum Might Be A Security Previously, the Securities and Exchanges Commission boss Gary Gensler had said that the top…

WMG Continues Its Web3 Expansion With New Metaverse Job Posting

The role, posted to LinkedIn on Wednesday, calls for someone based in New York to lead its metaverse strategy, including “music entertainment experiences in metaverse and gaming.” Specifically, WMG says that metaverse projects will focus on “immersive experiences and strategic content integration.” The ideal candidate, according to the listing, is someone with experience working at a game developer, studio or metaverse platform who also has a deep understanding of content licensing and the global digital media landscape. Source

Elon Musk Is Buying Twitter (Maybe). Will He Destroy It?

Second, whether it’s public or private, Twitter is a for-profit enterprise, and it has decided that blocking certain people, behaviors and content is good for its overall business. Legalities aside, for instance, it seems that kicking Donald Trump off Twitter has made the service more enjoyable for a large portion of users. And crucially, Musk will probably need Twitter’s revenue to pay off his big purchase, so once he’s actually pot committed, his desire to shake things up might fade away. Source