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Crypto Discussion / Cardano price daily update
« on: October 25, 2021, 09:33:21 AM »
Cardano price today is $2.16 USD with a 24-hour trading volume of $2,277,215,202 USD. We update our ADA to USD price in real-time. Cardano is up 0.50% in the last 24 hours. The current CoinMarketCap ranking is #4, with a live market cap of $70,927,814,156 USD.

Crypto Discussion / Solana Price daily update
« on: October 25, 2021, 09:18:04 AM »
Solana Price   $207.89
Price Change
24h Low / 24h High   
$185.57 /
Trading Volume
Volume / Market Cap   0.0667
Market Dominance   2.59%
Market Rank   #6
Solana Market Cap
Market Cap   $62,619,421,677.22
Fully Diluted Market Cap   $105,565,850,980.27

Crypto Discussion / Bitcoin price daily update!!
« on: October 25, 2021, 09:13:44 AM »
Bitcoin price today is $62,012.11 USD with a 24-hour trading volume of $29,204,331,724 USD. We update our BTC to USD price in real-time. Bitcoin is up 2.12% in the last 24 hours. The current CoinMarketCap ranking is #1.

Crypto Discussion / Ethereum price daily updates!!
« on: October 25, 2021, 09:11:58 AM »
Ethereum price today is $4,121.91 USD with a 24-hour trading volume of $15,396,595,687 USD. We update our ETH to USD price in real-time. Ethereum is up 0.85% in the last 24 hours. The current CoinMarketCap ranking is #2, with a live market cap of $486,657,279,719 USD.

« on: October 19, 2021, 09:43:33 AM »
Ethereum and Bitcoin proponents are long in debate to decide which coin has more potential. Recently, Shark Tank and billionaire Mark Cuban deemed BTC the best store of value in the market. However, they also cited that Ethereum has more potential than the flagship crypto asset. Cuban explained to its 8.5 million followers in tweet threads that BTC’s advantages include that it has no competition as a store of value (SOV). Moreover, the billionaire believed that smart contracts platform Ethereum and layer-2 solutions have more utility than Bitcoin.

Crypto Discussion / Ethereum Price Holds Bullish Case Aiming For $4,400
« on: October 19, 2021, 09:41:39 AM »
Ethereum bulls are adamant about letting go of their grip on the price, perhaps because they are very close to the all-time high. In the days leading to last weekend, Ether sustained an uptrend whereby a real break was made above $3,600 and extended to $3,800. On Sunday, buyers nearly brought down the barrier at $4,000 but an unexpected obstacle at $3,980 cut short the upward action.

In the following article, we look at the possible developments that could lead to bitcoin’s leg up.

Bitcoin’s price is more than 60% up since the start of the year. Yet, it’s nearly 30% down since the April peak. With just a few months left until the end of the year, predictions are flying left and right about the asset’s price tag at that point.

One of the most popular models – the Stock-to-Flow – sees BTC tapping into a six-digit territory by December’s end. If bitcoin is to go into such unseen and unimaginable (until recently, at least) heights, it would have to more than double its value in a few months.

As such, the creator of the model recently outlined some of the potential reasons that could propel such an impressive surge.
Source: :click

Vladimir Putin believes that cryptocurrencies could work as a unit of account and means of payments at some point in the future.

The president of the Russian Federation, Vladimir Putin, has recently aired his view on cryptocurrencies, admitting that they can serve as a medium of exchange and cross-border payments.

In an interview with CNBC, which was published in full on the Kremlin website, he noted that bitcoin and other cryptocurrencies could one day be used as a unit of account.
More information:click

The cryptocurrency environment in the ex-Soviet state is somewhat confusing, as of the moment, since digital tokens are neither legal nor prohibited. While Ukrainians cannot use bitcoin or the altcoins as payment options for goods or services, traders and investors can buy and sell them on exchanges within the country.

Last month, though, the local parliament passed a bill that could legitimize and regulate digital assets within Ukraine’s borders. Once approved by President Volodymyr Zelensky, the new legislation will offer protection to investors and trading venues from fraud.

Mykhailo Fedorov – Minister of Digital Transformation – highlighted the popularity of the asset class among the Ukrainian population. He raised hopes that the Eastern European nation could become one of those where it has legal status.more information

Crypto Discussion / Can Ethereum Price reach 5K soon?
« on: October 17, 2021, 01:59:54 AM »
Before Ether’s price reaches 5K, there are two important requirements both on a fundamental and technical level. From a fundamental perspective, negative events such as exchange hacks, governments crypto bans, or negative ratings from hedge funds would create FUD and drive prices downwards. This happened on multiple occasions previously, and such events usually end the uptrend, coupled with profit-taking.

From a technical aspect, prices need to first reach the previous all-time high, consolidate for a brief period before reaching 5K. In figure 2, we can see an estimated path for ETH prices based on previous price-actions.

Despite several crashes, Ether was still on an uptrend. We did witness a heavy adjustment both on the 12th of May and the 7th of September. Despite what the mainstream media said on multiple occasions about ETH prices, it was purely based on FUD and regular descriptive news. Looking at figure 1, we can clearly how ETH prices are on an uptrend, with the previously mentioned price adjustments.

Price adjustments are very important, as they allow prices to breathe after extended uptrends. Most price breathers occur because of profit-taking or a technical short-term bear formed by stronger selling pressure on prices.

For now, prices are definitely eying the upper channel of the uptrend, delimited by the psychological price of 4K, then the previous ATH of USD 4,375.

Crypto Discussion / Ethereum will SOAR to 5K after Doing THIS!
« on: October 17, 2021, 01:57:11 AM »
As the cryptocurrency market soars, many crypto projects are seeing their valuations grow back again. In fact, Bitcoin managed to pull back the entire cryptocurrency market from a worrisome downtrend. In a week’s time, BTC managed to jump by 10%. Today, Bitcoin breached its 60K mark. On the other hand, Ethereum managed to also regain its uptrend and show another bullrun. In fact, Ethereum is eyeing its previous all-time valuation of USD 4,375. This time, the technicals are in place to break yet another new psychological area. Will we witness an Ethereum 5K price before 2022? Let’s do some analysis to better assess where the market might lead ETH prices.Read

Crypto Discussion / MakerDAO Team Recovers 63 ETH for Rightful Owner
« on: October 16, 2021, 08:00:43 AM »
Engineers for the DeFi DAO have successfully recovered roughly 63 ETH for its rightful owner. After more than three weeks of thinking they had lost 63 ETH forever, an Oasis user was notified that their funds had been returned. The MakerDAO Protocol engineering team was able to return what the user described as “literally everything I had in the world besides my car.”

Crypto Discussion / Coinbase Observes Outflow Of 400,000 ETH
« on: October 16, 2021, 07:57:54 AM »
 pointed out by a CryptoQuant post, about 400k ETH (1.5 billion at the current exchange rate) was withdrawn yesterday from the crypto exchange Coinbase.

The indicator used here is the Ethereum outflow, which shows the total number of coins exiting wallets of the exchange.

When the metric shows a big spike, it means a lot of ETH was withdrawn from the exchange. Investors usually take out a lot of coins to either hodl them or to sell them through OTC deals.

So, constant outflows can mean that there is a buying pressure in the market and investors feel bullish on Ethereum.

Now, here is how the chart for the indicator looks like for the crypto exchange Coinbase.source

Coinone announced yesterday it has established an anti-money laundering (AML) center and is making Suspicious Transaction Reports (STRs) to financial authorities. Coinone’s AML Center, along with its partner NH Nonghyup Bank, will conduct know-your-customer (KYC) verifications, investigate incidents and disputes, and establish a cooperative system with outside parties. Coinone has also completed basic training for AML center employees on anti-money laundering efforts and reporting suspicious transactions, and plans to expand the center through additional recruitment.
The Suspicious Transaction Report (STR) system is a legal and institutional device for detecting and preventing the laundering of illegal funds. Financial companies such as banks and securities firms are obligated to monitor transactions suspected of money laundering and report them to the Financial Intelligence Unit (FIU). Coinone, after submitting a regulatory compliance report to the FIU last month, is now classified as a financial company and must comply with relevant obligations.source

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