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thorhaugeblack84 · 9 months

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6 Experimental And Mind-Bending Buying Bitcoin Techniques That You will not See In Textbooks

https://facebook.com/GoPickUpCoin https://gpucoin.wordpress.com/

If you're ready to learn how to put money into Binance Coin proper now - the step-by-step walkthrough will present you the way to complete the process with eToro. You'll have to have the "Show all belongings" field checked up for viewing the listing of all out there cryptocurrencies to deposit. Step 3: Deposit fiat funds: Deposit fiat money resembling USD or AUD to start out buying Polygon MATIC among other cryptocurrencies. Yes. Buying bitcoins from regulatory compliant bitcoin exchanges is risky as a result of you have to belief they are going to handle your documents with privacy and security. This is maybe, with the exception of Bitcoin - resulting from its dominance of the market.

Cash App

Easy and fast signups - can get started in as little as a 5 minutes

John Carvalho (@BitcoinErrorLog) November 2, 2021

Choose XRP and then specify how much you want to buy

Amid market volatility, the on-chain motion of the world’s most valuable digital asset elevated. Customers make and alternate the worth of a forex that varies over time within the inventory market. ICO Alert has helped over 800 different initiatives obtain their goals by means of a phased consulting strategy. This technique - which is called dollar-value averaging, permits you to buy Binance Coin over an extended period of time, so you'll be able to cease being attentive to quick-term pricing traits. In this article, we will reveal some necessary facts about Binance Coin and the place to purchase Binance Coin if you're willing to invest in cryptocurrency.

How To Buy Btc With Credit Card

The above steps are the summary of buying Binance Coin with a Credit card or Debit Card instantly. Buy using quite a lot of cost methods: Coinmama is one among the first exchanges to help shopping for cryptos utilizing not only credit score and debit playing cards, but in addition Apple Pay and direct bank switch. If you want to skip this step to a later date, you can accomplish that on the proviso you are not buying more than €2,000 (about £1,600) price of Binance Coin. Your ultimate step to changing into a bona fide bitcoin trader is to know when to purchase, sell or hold - or as crypto stans say, HODL (see below).

Best Way To Buy Bitcoin

Other sources recording social interactions with the crypto sphere are less enthusiastic. Once your purchase is full, the codes are now owned by you and never the vendor. Coinbase has an ideal person interface to make the whole buy process easier. In order for you to purchase Bitcoins on-line, particularly if you want to use money, you'll be able to do so by Bitcoin Exchange. Because the business commonplace for online purchases, credit score and debit playing cards offer a fast and convenient way for you to accumulate bitcoin. Contrary to what Binance Coin price predictions tell you, there is no such thing as a surefire method to know the way much BNB will likely be value sooner or later.

Step-by-Step Guide: Where to buy Binance Coin (BNB)? Where is the best place to purchase Binance Coin? The question and ongoing debate throughout the community is the place finest to retailer your non-public keys: a scorching wallet or a cold wallet. Coinbase is called the very best crypto wallet. Whenever you might be confused about future Binance Coin investments and crypto buying and selling, you may contact Binance to resolve the issue. While taking choices on investments always keep the large image in mind. Healthy possibility for investments. App customers can complete ‘Missions’ which reward them in Diamonds - these can then be exchanged for Mystery Boxes containing CRO.

Where Can I Buy Btc

The actual diamonds are often mistaken to be utterly transparent however they don't seem to be. Some, such as Riot Blockchain (RIOT), are in the business of mining Bitcoin. Well i'll prefer to introduce you to a fast growing enterprise which is Cryptocurrency business (BITCOIN) where you may make investments. Which means you should buy Polygon with Bitcoin. You should purchase BNB at the click of a button. That is essential, as this discounted entry price is on supply regardless that the fundamentals of BNB haven’t changed.

#Crypto #Cryptocurrency #Cryptocurrencies #Bitcoin #BTC #Ethereum #ETH #Blockchain #Binance #Coinbase #Paxful

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fblauer01 · 1 year

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How NFT’s and AI tools complement Web3 Social Media

Introduction

NFT’s and AI complement web3 social media. For example NFT’s can be used for access to exclusive content, voting rights, raising money to fund projects, the ability to create and own digital art, and trade with other users for collectibles, ticketing etc. When you combine this with social media and AI, it is even more powerful. With AI tools for creating images and blogging for example, almost anyone can be more productive and creative. So far the AI is mostly being used for text content and images, but will soon we will be able to use it for videos, sound and music as well. People are experimenting with new types of creative expression, and value based social interactions which were not possible before. I will give you some examples of “nextgen” social platforms that I have been using and evaluating.

Platforms

Deso/Diamond app, NFTz etc.

Here is a high level summary of the Deso platform. Onboarding is pretty easy, and you don’t require a special invitation. You will need a tiny bit of Deso for gas, but it will go a long way. You can buy a few dollars worth with fiat currency, and that will be more than enough to get going. You can always earn more. Deso is the least expensive platform that I have seen. Compute and storage is very cheap (see summary above). There are lots of different dapps and new ones appearing all the time. They all integrate and share the same social feeds, identity and social graph (followers etc). So for example you can have a discussion about a particular NFT on NFTz, where you can mint, display and sell NFT’s. The NFT can also have a social feed with likes, microtips and comments. The social feed will show up in other Deso dapps. You don’t have to login again to other Deso dapps since they share the identity.

There are also ways of monetizing popularity or influence with creator coins. So, you can invest in creators who you think have a lot of potential, or buy your own coins to push up the price. This social platform is more mature than most of the other ones, and most of the important elements are in place like NFTz market that also does streaming music NFT’s, streaming music and video apps, online video (like a decentralized zoom), blogging platforms, group conversations etc.

The deso blockchain has a lot of features planned, and is moving to “proof of stake” consensus in the new year. According to the stats, Deso has the most adoption for Web3 social media which makes sense since they are the oldest and they don’t limit users with required invitations.

Polygon/Lens, Opensea etc.

Most people are familiar with the polygon sidechain, if you have used Defi for example. It uses the Ethereum EVM, and Matic tokens for gas. This is the platform on which Aave has chosen to build Lens. You will need an invitation, and the Metamask wallet to onboard. Your identity will be minted as an NFT. The UI is pretty nice and reminds me of tumblr. The various dapps are compose-able with one another and share social feeds, identity and social graph. There is a rudimentary NFT platform called Lensport, but you will have to use Opensea to mint your NFT’s. You can also monetize posts by selling the content as NFT’s. There is an interesting dapp on the Gallerydao which makes it easy to create NFT’s with some Dall-E AI themes and then allows you to mint them directly. There is a good aggregator of music NFT’s called Ooh La La, which will also work with many other EVM platforms. There is also a youtube like video platform, and various other dapps for mobile and desktop. They all share common feeds. Lens has some good integration partners on polygon, and I have heard some talk of them moving to the new polygon ZKEVM platform for further scalability.

Solana/Solcial, Magic Eden etc

Solcial came out recently, and is already gaining a good following. The UI is very nice, and it is pretty easy to use, especially if you are familiar with Solana. The chain is fast, inexpensive and there is a lot of development going on. The social feeds are pretty straight forward. You can chose who to follow, you can vote posts up and down, it shows you popular posts etc. You also get to monetize contributions with a creator coin, and tier 2 access level . Each user can create and sell premium content, which can be blog posts or free NFT’s for example. The profile section will allow you to mint NFT’s directly to the blockchain, and they will show up on Magic Eden NFT market. But you have to get permission from Magic Eden to list them for sale. There are many improvements planned for the new year. There aren’t many integrated dapps yet, but I expect them to partner up with other solana dapps and developers, like NFT markets, gaming etc.

Near/Near.social, Paras etc.

The Near chain is pretty fast and inexpensive. It also has a sister EVM chain called Aurora. There are 2 social dapps on native Near. One is called Myriad and the other is near.social. Near users will find them both pretty easy to use. The second one is newer, and I have been spending more time with that one. You can mint NFT’s on Paras, and they will show up on the Near blockchain and near.social. The social feed is similar to the one on solcial, but not as extensive yet. There isn’t a lot of content yet, but I expect it come as more people find out about it.

Web2/Twitter/Mask

Twitter has been losing a lot of users since Musk took over, but I won’t get into the politics of censorship and the like. Suffice it to say that they still have a lot of users, and its a pretty good platform despite all the complaints. They may be able to resolve the current problems and turn it around. In the mean time Mask.io has various “nextgen” features like Web3 wallet support, NFT support, encrypted direct messages, Mask profile/ID, fundraising, token swapping, decentralized file storage, fiat on-ramp, decentralized governance etc.

Web2/Post.news

A very easy to use and well designed twitter replacement, but it does have a waitlist and requires an invitation. It does have tipping for content. But it is centralized, and there doesn’t seem to be a lot of info available about how it works on the back-end, governance, and plans for the future, like web3 support etc. So, it works well for people fleeing twitter, but I don’t know enough about the long term.

Web2/Meta/Instagram

Facebook (Meta) and Instagram have the same owners. They have started introducing NFT’s on Instagram in some regions and are slowly rolling it out. Facebook has been working on its metaverse platform, and I assume that it will incorporate blockchain and NFT’s in some way. In the mean time, they still have a lot of users, but many of them are looking at moving away from centralized control, lack of privacy etc. I won’t get into the controversial topics here.

Tools

app.yup.io - combines feeds form various sources (Farcaster, Lens, Mirror blogs)

Conclusion

NFT’s are a new way of monetizing culture. Here is an example of my Rockstarz collection on Opensea. Here is a similar collection of mine on NFTz. It contains a series of images of famous musicians which I created with an AI tool called Stable Diffusion: https://opensea.io/account?tab=created My intention was not to make money per se, but to see what could be done with some of the new AI tools, NFT markets and social media. The various new technologies are converging and will be more powerful than the sum of the parts when they seamlessly work together. We are already starting to see 3D virtual art galleries which add another new dimension.

But for now, the various platforms are only compo-sable within the same blockchain, so those barriers need to be broken down. We are going to have to see co-operation between the different Web3 platforms for truly mainstream adoption. It will also have to get less complicated to use. For example you shouldn’t have to know or worry about what an EVM (Ethereum Virtual machine) compatible chain is. This should be abstracted for the user and be simple and straight forward to onboard and use. As an analogy, when you switch from one automobile brand to another, you don’t have to know what kind of engine it is. Most people just to get into the car and drive. When it breaks down, they take it to a mechanic (technical support). Most of the tech support for now is done by the community discord forums, which is still web2 based.

There are probably too many social media alternatives right now. Between Web2 and Web3, they can’t all survive. They will be too fragmented unless they can all connect to each other. That won’t happen in the web2 world since there are proprietary interests involved. Web3 has a different business model which is community based. For now, each platform offers its own set of features, strengths, and weaknesses. Users will have to evaluate their needs and preferences and decide which platform is best for them in the short to medium term. Its hard to know now how things will play out in the long run.

In the mean time, the space is evolving very fast, and I am already getting some good value from using the dapps. I am gaining experience with AI tools and applying them to practical social situations like creating images and blogging. The content will only improve as more users join in, and the features will also improve as we attract more quality developers, and when we see more dapps that can span multiple chains, and work together.

Personally I prefer organic growth rather than hype and promotion but that is what attracts the users and the funding. From my testing and kicking the tires, I have no doubt that Web3 will be a quantum leap forward from what we have now in Web2. Its already happening. Start off with post.news , and then get your feet wet with Deso. Go down the rabbit hole. You won’t look back.

"The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and relearn." ~ Alvin Toffler

Short Summary

NFT's are a new way to monetize culture. Platforms like Twitter and Facebook have slowly been introducing NFT's, but many users are searching for alternatives in decentralized and censorship-resistant networks. Web3 alternatives like Deso and Post.news offer NFT's and other features, but the space is fragmented and still in development. To truly maximize the potential of NFT's and Web3, platforms will have to cooperate, and work together. and support information flow.

#music #ai art generator #nft

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p5ravin · 12 days

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CryptoBusy, a leading cryptocurrency news and analysis platform, has unveiled its top 10 coins for trading on major exchanges, providing valuable insights for investors and traders looking to navigate the dynamic crypto market.

Bitcoin (BTC): As the original cryptocurrency and the largest by market capitalization, Bitcoin remains a staple in any crypto portfolio. Its widespread adoption, scarcity, and store of value properties make it a favorite among investors seeking long-term growth potential.

Ethereum (ETH): Ethereum is the leading blockchain platform for smart contracts and decentralized applications (DApps). With a vibrant developer community and a wide range of use cases, Ethereum continues to attract attention from both investors and developers.

Binance Coin (BNB): Binance Coin is the native cryptocurrency of the Binance exchange, one of the largest and most popular cryptocurrency exchanges in the world. BNB has utility within the Binance ecosystem, including discounted trading fees and participation in token sales.

Cardano (ADA): Cardano is a blockchain platform known for its focus on scalability, interoperability, and sustainability. With ongoing developments such as the implementation of smart contracts and the expansion of its ecosystem, ADA has garnered significant interest from investors.

Solana (SOL): Solana is a high-performance blockchain platform designed for decentralized applications and crypto projects. Its low transaction fees and fast transaction speeds make it an attractive option for developers building scalable applications.

Polkadot (DOT): Polkadot is a multi-chain blockchain platform that enables interoperability between different blockchains. Its innovative architecture and focus on scalability and security have positioned it as a key player in the decentralized finance (DeFi) space.

Chainlink (LINK): Chainlink is a decentralized oracle network that facilitates the connection between smart contracts and real-world data. With its crucial role in powering DeFi applications, LINK has emerged as a fundamental component of the crypto ecosystem.

Avalanche (AVAX): Avalanche is a decentralized platform for launching applications and custom blockchain networks. Its high throughput and low latency make it well-suited for a wide range of use cases, including decentralized finance and gaming.

Terra (LUNA): Terra is a blockchain protocol that aims to create a price-stable cryptocurrency ecosystem. With its focus on algorithmic stablecoins and decentralized finance applications, LUNA has gained traction as a key player in the DeFi space.

Polygon (MATIC): Polygon is a layer 2 scaling solution for Ethereum, offering faster and cheaper transactions. Its interoperability with Ethereum and growing ecosystem of DApps have made it a popular choice among developers and users alike.

By providing a curated list of top coins for trading on major exchanges, CryptoBusy aims to empower investors and traders with valuable information to make informed decisions in the ever-evolving cryptocurrency market. However, it's important for individuals to conduct their own research and consider factors such as risk tolerance, investment goals, and market conditions before making any trading decisions.

#blockchain #crypto #cryptocurreny trading #cryptocurrency #decentralised finance #defi

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drewssam · 19 days

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10 Most Visited Cryptocurrencies in the Past 7 Days

The recent listing of Hooked Protocol's governance token, HOOK, on Binance has catalyzed a surge in its price, with a market capitalization of $102 million as of December 4, 2022. HOOK's trading volume over the past seven days stands at $97.1 million, with a current trading price of $2.36. Meanwhile, Bitcoin retains its status as the foremost cryptocurrency, boasting a market cap of $327 billion and a trading volume of $17.4 billion in the same period. Trading at $17,026, Bitcoin witnessed a 2.9% increase in the last week. Dogecoin, known for its meme status, maintains stability with a market cap of $14.3 billion and a trading volume of $497 million, trading at $0.1036, showcasing a 7.7% increase in the past week.

Other cryptocurrencies, including Binance Coin (BNB), Tron (TRX), Polygon (MATIC), Aptos (APT), Ripple (XRP), Cardano (ADA), and Litecoin (LTC), exhibit varying market caps, trading volumes, and price movements over the same period. These digital assets represent diverse ecosystems and utility functions within the cryptocurrency landscape, each attracting attention and investment for unique reasons and market dynamics.

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bithubi · 1 month

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XRP, MATIC and SOL Coin Are Now on Deribit: Is the Rise Coming?

Deribit, the world’s largest crypto derivatives exchange, announced the launch of three altcoin options: Solana (SOL Coin), XRP and Polygon (MATIC). Deribit first launched SOL on Monday. Following this, the price of Solana reached its highest level in 2 years with 155 dollars. XRP and MATIC option processes started on Deribit Crypto derivatives exchange Deribit opened XRP and MATIC linear options…

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#Deribit #Dollar #Matic #Option #Xrp

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data-analytics-blog · 2 months

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Why is Binance Popular?

Binance opened its virtual doors in 2017 and has since become one of the most popular crypto exchanges worldwide. While there is no shortage of great exchanges, Binance remains the go-to for investors of all experience levels. Here's why.

Crypto Offering

One reason why people love Binance is because of the wide range of cryptocurrencies available. Binance offers crypto-to-crypto trading in more than 500 cryptocurrencies and virtual tokens. Find prices for well-known coins and countless lesser-known alternatives. You can even check the BNB price, Binance's native token.

Binance also supports many fiat currencies and over 1,500 markets. Thanks to the sheer availability on Binance, it's a great exchange to do all your investing. Instead of hopping between platforms, you can turn to Binance for most of your trading activity.

Impressive Trading Volume

Many traders pay attention to trading volume. A higher trading volume means that investors can buy and sell crypto quickly. It also ensures traders can execute large transactions without worrying about price slippage and other issues.

Binance has one of the largest trading volumes of any exchange in the industry. The latest estimates show the Binance exchange has about $76 billion daily volume.

Affordable Fees

Fees are another concern. Excessive fees can significantly increase trading costs, eating into an investor's gains. While all exchanges have trading fees, Binance has some of the lowest!

Fees can vary, but most are about 0.1 percent of the transaction value. That's impressive on its own. However, traders can lower the fees even more using the native Binance coin. Investors can check the BNB price on the exchange, invest in the coin and use it exclusively for transaction fees to keep their costs as low as possible.

User Experience

Finally, we must recognize the experience of using Binance. The exchange is well-designed, including many features that improve accessibility and navigation. It's a joy to you, cutting through the fluff of other difficult-to-use exchanges to create a smooth and efficient trading experience. Binance is also available in many languages and has a companion app for trading on the go.

Read a similar article about MATIC price here at this page.

#polkadot price #bnb price #aapl oracle #1inch price

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dencyemily · 2 months

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Polygon (MATIC) Overtakes Ethereum in NFT Sales – Unraveling the Surge Factors

In the ever-shifting terrain of blockchain networks, Polygon, operating on the Proof-of-Stake (PoS) consensus mechanism, has swiftly emerged as a dominant player, solidifying its status as a leading Ethereum scaling solution. Recent metrics illuminate a surge in transaction volumes and an expanding user base, propelling Polygon into contention with established chains like Solana.

On February 10th, Polygon made waves by registering a remarkable 3.41 million transactions, outpacing BNB Chain and securing a close second position behind Solana in the transaction volume rankings. This surge in on-chain activities underscores Polygon's growing significance as a scaling solution for Ethereum, a role it has assertively claimed since the commencement of February.

Exponential User Growth: The Impact of the Inscriptions Phenomenon

Polygon's user base has experienced a substantial surge, boasting over 672,000 unique active addresses on February 10th, surpassing Solana's reported 644,000 daily users. This noteworthy increase in daily active addresses, representing a 75% surge over the last two months, can be attributed to the Inscriptions phenomenon.

The Inscriptions phenomenon has not only captured user interest but has injected vitality into Polygon's NFT marketplace. Data from CryptoSlam reveals a nearly sixfold increase in monthly NFT sales on Polygon, underscoring the network's growing influence in the market.

NFT Dominance and Noteworthy Milestones

Polygon's NFT marketplace has witnessed unprecedented success, eclipsing Ethereum in 24-hour NFT sales last month for the first time in its history. Presently, Polygon ranks as the fourth-largest chain in NFT trading over the past week, with sales exceeding $8 million.

The dynamic NFT landscape on Polygon highlights the platform's ability to attract creators and users, fostering innovation and diversity within its ecosystem.

MATIC's Market Performance and Whale Accumulation

In contrast to Polygon's robust on-chain activities and expanding user base, its native token, MATIC, has seen a 1.31% increase at the time of writing, trading at $0.8563. While MATIC has experienced nearly a 7.89% weekly increase, it has faced challenges in reclaiming the crucial $1 mark and has shed 26.82% since the beginning of the year.

Despite the token's price dynamics, whale investors have seized the opportunity to accumulate MATIC holdings. Santiment data reveals a notable uptick in addresses holding between 1,000 and 10 million MATIC coins over the last month.

Derivatives Market and a Tapestry of Sentiments

The derivatives market tells a nuanced story, with a preponderance of bets against MATIC's price. This mixed sentiment among traders reflects the intricate interplay of factors influencing MATIC's future trajectory.

In conclusion, Polygon's meteoric ascent, characterized by surging transaction volumes, the Inscriptions phenomenon, and NFT dominance, positions it as a pivotal player in the cryptocurrency space. Despite mixed sentiments in the derivatives market and challenges faced by its native token MATIC, Polygon's innovative approach and user engagement underscore its significance in steering the evolution of blockchain networks. As the cryptocurrency market continues to unfold, Polygon remains a dynamic force shaping the future of decentralized ecosystems.

#Polygon #Ethereum #Solana #NFT #Proof-of-Stake #PoS network #Cryptotale

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r8633009 · 3 months

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Cryptocurrency Market Overview: Top Performers Today

The cryptocurrency market is alive with dynamic movements, and today’s spotlight is on the standout performers that have captured the attention of investors. In this comprehensive overview, we delve into the recent performances of some of the top cryptocurrencies, providing insights into their price movements, percentage changes, and trading volumes over the last 24 hours. These market snapshots offer a glimpse into the current state of the crypto landscape, highlighting coins that have experienced significant positive momentum. Join us as we explore the latest developments in the crypto market, featuring notable players such as Mina (MINA), Polygon (MATIC), PancakeSwap (CAKE), etc.

#Mina #Polygon #Astar #Cryptocurrency #CryptoMarket #IW #IWNews #IndustryWired

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bitcoincables · 3 months

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Bitcoin Drops to Monthly Low but Recovers; Chainlink Gains 5%: Weekend Watch

Bitcoin experienced another price drop to a new monthly low of under $40,500, but it quickly recovered and surpassed $42,000 later. However, altcoins have been relatively sluggish, with little movement except for Chainlink, which saw a jump of around 5%.

Last week, Bitcoin reached over $49,000 when 11 spot BTC ETFs were introduced in the US market. However, it then experienced a significant drop of over $7,000 in just 36 hours, which seemed to be a "sell-the-news" event. After briefly reaching $43,000 over the weekend, Bitcoin traded sideways for almost a week before dropping below $41,000 and hitting $40,400 for the first time in a month. Although it bounced back above $42,000 briefly, negative sentiment kept the pressure on the cryptocurrency, and it currently stands at around $41,500.

Chainlink was one of the few altcoins that showed significant gains, rising by more than 5% and trading above $16. Other gainers include Cardano, Uniswap, Litecoin, Dogecoin, Tron, and Binance Coin. However, Avalanche, Solana, and MATIC experienced losses. The total cryptocurrency market cap declined by about $10 billion overnight but still remains above $1.6 trillion.

Read the original article here.

Tags: Bitcoin, altcoins, Chainlink, cryptocurrency

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7t2news · 3 months

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Crypto Price Today: Bitcoin Stays Dominant Priced Over $36,000, Most Altcoins See Gains Including Ether, Cardano

Bitcoin on Thursday, November 9 clocked a profit of 2.84 percent. With this, the value of Bitcoin has reached the mark of $36,318 (roughly Rs. 30.2 lakh), making it the highest price that the asset has managed to record this year so far. Co-incidentally, it was on November 9, 2021, when Bitcoin and Ether set their last known all-time highs (ATHs) of $68,000 (roughly Rs. 56 lakh) and $4,890 (roughly Rs. 4 lakh) respectively. While BTC and ETH are far away from their last attained ATHs, they are trading at elevated prices compared to their pricings from earlier this year.Ether grew by 1.83 percent in the last 24 hours. The value of Ether currently stands on the mark of $1,916 (roughly Rs. 1.59 lakh).“Investors should exercise caution as the market starts to become euphoric. The market can expect to see a correction phase,” Shubham Hudda, Senior Manager, CoinSwitch Markets Desk told Gadgets360.Cardano, Dogecoin, Chainlink, and Polygon emerged among profit-making cryptocurrencies alongside BTC and ETH.Notable gains also graced Binance Coin, Polkadot, Litecoin, Shiba Inu, Avalanche, Stellar, and Cosmos among other cryptocurrencies.As per Hudda, “Popular and old DeFi projects like AAVE (+10.2 percent), Synthetix (+8.6 percent), and Chainlink (+9.1 percent) have started to show strength in the backdrop of Bitcoin reaching new highs for the first time in last 18 months.”The overall crypto market cap spiked by 3.97 percent in the last 24 hours. With this, the valuation of the crypto sector stands at $1.37 trillion (roughly Rs. 1,14,05,455 crore), showed CoinMarketCap on Thursday.Meanwhile, small losses struck Tether, Monero, and Status that are trading in the reds on the crypto chart today.“Along with Bitcoin and Ether, altcoins like SOL, TON, and MATIC made impressive contributions to the current market rally as the world's largest altcoin, ETH, jumped by over 15 percent in November. The digital asset industry is ready for the next phase of responsible growth as the FTX trial has come to a close. The positive market sentiment is pointing towards healthy and sustainable growth in the coming weeks subject to macro-economic conditions,” Shivam Thakral, CEO of BuyUcoin, India's second-longest-running digital asset exchange told Gadgets360.Cryptocurrency is an unregulated digital currency, not a legal tender and subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any sort offered or endorsed by NDTV. NDTV shall not be responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained in the article. Affiliate links may be automatically generated - see our ethics statement for details.Catch the latest from the Consumer Electronics Show on Gadgets 360, at our CES 2024 hub. #Crypto #Price #Today #Bitcoin #Stays #Dominant #Priced #Altcoins #Gains #Including #Ether #Cardano Read the full article

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thenewsart · 4 months

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Crypto Analyst Forecasts MATIC Price Recovery With This 16% Swing

MATIC was one of the altcoins affected by the recent market downturn triggered by the controversial Matrixport report on the Bitcoin spot ETF this week. This negative sentiment pushed the cryptocurrency’s price from trading at nearly $1 to below $0.85 in a single move. However, the tide seems to be turning in favor of the bulls, as the MATIC coin has jumped more than 1.2% in the past day. In…

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troymurray · 4 months

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Digifinex Labs: Potential Surge Ahead for Chainlink and Polygon as Whales Amass Holdings

Based on on-chain transfer information, Lookonchain highlights significant accumulation of LINK in a newly identified wallet labeled “0x8eAD.” This wallet has withdrawn 247,860 LINK, valued at approximately $3.5 million, from Binance over the past two days.

Simultaneously, two additional wallets, “0xa813” and “0x38b3,” have been actively accumulating MATIC. These wallets withdrew 5 million MATIC, equivalent to around $3.13 million, from Binance earlier today.

The movement of coins by Chainlink whales, as depicted in Lookonchain’s data, raises the question: will MATIC and LINK experience a rally?

The active accumulation by whales is generally perceived as a bullish sign and may lend support to the prices of MATIC and LINK in the upcoming trading sessions.

Notably, the bullish sentiment is reinforced by the fact that these whales are transferring coins from exchanges to non-custodial wallets, such as hardware wallets or hot wallets. This shift towards decentralized finance (DeFi), speculative trading (degen trading), or non-fungible token (NFT) trading is seen as positive. Unlike centralized exchanges like Binance, where trading for other coins or USDT is the primary intention, on-chain apps allow whales to utilize their holdings for activities like earning rewards through liquidity provision or staking.

Get your $550

Registering DigiFinex now grants you a newcomer’s package worth $550: Click to register

#btc

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metamoonshots · 6 months

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[ad_1] Nov 01, 2023 at 06:20 // Price Cryptocurrency analysts of Coinidol.com report, with Polygon (MATIC) buying and selling above the shifting common traces, constructive strikes are anticipated. Lengthy-term forecast of the Polygon worth: bullish The bulls have achieved this feat by breaking the present $0.50 to $0.60 vary. On October 27, Polygon fell and retested the $0.60 assist. The cryptocurrency's skill to carry the present assist degree suggests that it's going to proceed to rise. Resistance at $0.66 is at the moment limiting the upward motion. A retraced candlestick examined the 61.8% Fibonacci retracement line of the October 24 upswing. The retracement means that MATIC will rise to the 1.618 Fibonacci extension or $0.76. In the meantime, the altcoin is buying and selling at $0.64 on the time of writing. Polygon indicator evaluation The altcoin's worth bars are effectively above the shifting common traces because it approaches the overbought zone. The shifting common traces within the decrease timeframe are sloping horizontally because the altcoin stays on the excessive of $0.66. Technical indicators Resistance ranges: $1.20, $1.30, $1.40 Help ranges: $0.60, $0.40, $0.30 What's the subsequent transfer for Polygon? Polygon is holding above the $0.60 degree as patrons bounce above the present assist. Bulls are poised to retest the $0.66 resistance degree. The altcoin is predicted to rise to a excessive of $0.80 or $0.85 per coin. If the bullish situation is invalidated, Polygon will proceed to maneuver in a slender vary between $0.60 and $0.66. Last week Coinidol.com reported that the uptrend will proceed to the excessive of $0.85. Nonetheless, the altcoin is at the moment buying and selling within the overbought zone. Disclaimer. This evaluation and forecast are the non-public opinions of the writer and usually are not a suggestion to purchase or promote cryptocurrency and shouldn't be seen as an endorsement by CoinIdol.com. Readers ought to do their analysis earlier than investing in funds. [ad_2]

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ailtrahq · 6 months

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Aave metrics reveal that the network has been experiencing more activity and growth. AAVE’s price action was headed for a support retest after cooling off since the start of October. Maintaining growth during crypto winter has been a tall order for many projects. Aave [AAVE] is one of the few protocols that have somehow achieved noteworthy growth in some key areas, particularly in total value locked (TVL). Is your portfolio green? Check out the AAVE Profit Calculator According to a recent Ben GCrypto ranking, Aave was the leading protocol within the Polygon [MATIC] ecosystem in terms of TVL. This means it managed to outperform other protocols, such as Uniswap [UNI] and Balancer, just to name a few. Top 10 Polygon Ecosystem Coins by TVL Polygon is a decentralised Ethereum scaling platform that enables developers to build scalable user-friendly dApps with low transaction fees without sacrificing on security.$AAVE $QUICK $PEARL $UNI $TNGBL $BIFI $COMP $BAL $STG $GAMMA pic.twitter.com/9PfbnJMbxT — Ben GCrypto (@GCryptoBen) October 11, 2023 But just how much growth has Aave achieved and what does this mean for the protocol’s future? Well, Aave V3 is the ideal representative of that growth considering its positive TVL growth since the start of 2023. Its TVL recently peaked at $2.59 billion at the start of October. For perspective, Aave’s TVL was lower than $500,000 at its lowest level in January 2023. Source: DeFiLlama The TVL growth underscores the robust inflow of liquidity into the Aave ecosystem. While this indicates positive growth for the network, there are a few other metrics that point out Aave’s current trajectory. For instance, Aave V3 revenue spiked considerably at the start of September. This indicated that the network has been experiencing more activity in the last four to five weeks. Source: DeFiLlama Assessing AAVE’s price action The surge in Aave network activity may have boosted investor confidence in the AAVE token judging by its bullish performance throughout most of September. The rally was short-lived after pushing above the $70 price tag and has been bearish since the start of October. AAVE exchanged hands at $62.45 at the time of writing after a 14.22% retracement from its current monthly high. This latest bearish outcome has now pushed the price below the 50% Relative Strength Index (RSI) level. This means there now stood a possibility of more downside after failing to secure demand at the RSI mid-level. Source: TradingView AAVE traders should watch out for support near the $60 price range. This is because the same price level is a historic support range. Traders should thus be on the lookout for signs of accumulation as the price approaches that support zone. Read about AAVE’s price prediction for 2024 While the expectations of a rally are high, traders should keep an eye out for capitulation possibilities due to external market forces. Rising market concerns may water down investor confidence, potentially leading to more downside. Nevertheless, Aave’s growing network activity suggested that its native token might be bound for bullish performance in the long term.

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