Browsing: Crypto Media Network

XRP

Lewis Jackson, an XRP advocate, has claimed a huge growth in XRP account creations, with over 3.2 million accounts as of July 25, 2023, and an average of 1,166 new accounts created every day. While some in the crypto community are skeptical of the estimates, data from respected XRP explorers reveal significant growth in the XRP ecosystem, which is likely due to the token’s recent regulatory success. Lewis Jackson, a prominent XRP promoter, recently stated that there has been a significant rise in XRP account creations, with over 3.2 million accounts created by July 25, 2023. These data suggest a…

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The cryptocurrency market has recently turned bearish due to the failure of Silvergate Capital Inc. (NYSE: SI), a leading crypto banking company in the US. Nonetheless, the Ripple-backed XRP has seen gains of almost 3% over the previous seven days and traded at around $0.389 on Thursday. Significantly, over the past seven days, the prices of Bitcoin and Ethereum have decreased by almost 8%. Crypto Bull, a well-known crypto analyst on Twitter, has implied that XRP is about to have a huge bull surge similar to the one that occurred in 2017–2018. Notably, during the early stages of improvement, the…

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Mantle Core, the BitDAO ecosystem’s high-performance Ethereum layer two community, recently proposed a multi-million dollar fund on BitDAO’s governance discussion board. The proposal, dubbed the Mantle EcoFund, was co-written by Mantle and crypto asset administration firm Mirana Ventures. According to BitDAO’s governance discussion board proposal, the fund’s primary goal will be to help builders and decentralized functions (dAPP) adopt Mantle. Secondary objectives include assisting dAPP developers, increasing the sustainability of the Mantle EcoFund through consistent fund efficiency and returns, and attracting participation from reputable business corporations into this Mantle Ecosystem. Mantle’s proposal is presented in the discussion stage, requesting permission…

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California plaintiffs have retaliated against John Deaton, who filed a motion for allowing seven non-parties to file an amicus curiae brief to support the defendant’s opposition to the lead plaintiff’s motion for sophistication certification. The plaintiffs argued in their response that Deaton’s proposed temporary was procedurally and substantively improper. According to the plaintiffs, the proposed amici, who represent Deaton’s family and staff, have nothing unique or related to the offer and rehash the defendants’ arguments. Furthermore, Deaton’s claims that he represents a putative class of 75,890 XRP holders are alleged to be false. “The amici are not Courtroom buddies. As…

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AlienFi is a decentralized exchange (DEX) primarily based on the Arbitrum Chain that offers quick, safe, and low-cost token purchasing and selling with complete transparency and management of your funds. Customers can trade DeFi property using AlienFi’s elegant and user-friendly platform. AlienFi eliminates the possibility of hacking & theft, allowing customers to maintain complete control over their money quickly, inexpensively, and securely. AlienFi brings a never-before-seen level of trust and efficacy to the DeFi business, creating a pleasant and secure environment for new traders. AlienFi buying and selling AlienFi’s buying and selling strategy is decentralized and automated. It takes place…

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Charles Hoskinson, the founder of Cardano, has provided an update on talks regarding his potential acquisition of Coindesk, the most crucial cryptocurrency information site. During his most recent ask-me-anything session on YouTube, the cryptocurrency tycoon revealed that he had signed a non-disclosure agreement (NDA). As a result, he was unable to reveal specifics about where the discussions are currently at. Nonetheless, he stated that the much-discussed deal was unlikely to occur. “I don’t think I’m going to buy it, but we’ll see where that goes,” Cardano’s founder stated. At the same time, Hoskinson denied rumors that he was planning to…

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According to on-chain analytics firm Santiment, Maker recently witnessed its most significant whale transfer in over three months, with a whopping 24,331 MKR worth more than $17.4 million transferred to a whale handle. “Maker made its largest whale strikes in over three months a couple of hours ago. A total of 24,331 MKR ($17.4 million) was transferred to a whale handle, followed by another transfer of the same size. Large strikes like this are sometimes associated with turnarounds on downswings,” Santiment admitted. In response to Santiment, another identically sized transfer was made after this main switch. “Maker just noticed two…

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Altcoin Buzz is uploading a YouTube video discussing their top four low-risk cryptos for 2023. The video mentioned Polygon (MATIC), Ethereum, Bitcoin, and Cardano (ADA) as the most effective low-risk cryptos for this year. Polygon (MATIC) made a list due to the project’s numerous significant partnerships during the current bear cycle. These collaborations include major brands such as Nike, Instagram, Starbucks, Reddit, and Disney, all currently developing products on the Polygon network. Ethereum (ETH) is on the listing because it has the highest layer-1 crypto with an all-time high (ATH) of around $4,800. Given the altcoin’s current value, which is…

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Famend crypto dealer and analyst Michael van de Poppe tweeted, “the markets are nonetheless having an everyday correction inside an uptrend.” In the tweet, van de Poppe added that as long as the price of BTC remains above $22K, it is reasonable to expect the market leader’s price to target $25K once more in the coming weeks. According to CoinMarketCap, the value of BTC has dropped 2.10% in the last 24 hours. As a result, the cryptocurrency is currently worth $23,886.03 at press time. Despite the 24-hour drop, the market leader’s weekly efficiency remains inexperienced at +0.56%. Looking at the…

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Since November of last year, the value of Dogecoin (DOGE) has been consolidating in a wedge formation, indicating that the market is neutral. While the 50 and 200 moving averages (MA) on the daily time frame show a continuing bull market, the possibility of  pullback that acts like a stop hunt cannot be completely ruled out. Furthermore, DOGE is one of the most liquid currencies, with over $1.92 million liquidated in the last 24 hours. DOGE Achievable Outcomes Dogecoin value, trading at around $0.085 on Thursday, will likely go through two scenarios in the coming weeks. The primary one continues…

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A well-known Australian crypto gaming company, Immutable, recently announced that it has laid off 11% of its workforce to safeguard its monetary reserves indefinitely. Immutable laid off employees in July 2022 and is now doing so again. Immutable co-founder and CEO James Ferguson announced the layoffs in an email to employees on Wednesday (Feb. 22, 2023). Ferguson said: “I’m sorry to all Immutables who have been affected by these changes. As CEO, I am acutely aware that these job cuts will have a direct impact on the lives of many people, and I accept full responsibility for my actions.” Crypto…

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Cryptocurrency markets are consolidating following the Fed meeting, during which a twenty-five basis point increase was implemented to reduce inflation rates. The decision to raise interest rates from 4.5% to 4.75% was made by the FOMC, which was announced in a press conference by Fed Chair Jerome Powell. Nonetheless, the US market’s reaction was average, but it slightly boosted Bitcoin’s value. Following the FOMC meeting, the value of Bitcoin increased as markets reacted positively to the decision to raise interest rates by twenty-five basis points. While another test for resistance at $25,000 was anticipated, the bears increased their ability to…

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DeHero is a BSC-based decentralized GameFi application. Users can unbox their NFT card packs blind boxes to collect NFT roles, & do card mining with appropriate training strategies by staking NFT assets. As a result, users receive the governance token HEROES. DeHeroGame (DHG) announced the release of its new DeHero model, a GameFi software deployed on Binance Good Chain (BSC). DeHeroGame is the first to introduce GameFi 2.0 by NFT adventures in a multi-universe. It is the most recent iteration of the “Staking Card Sport” based on Buying and selling Card Sport playability. Furthermore, DHG is the first gaming software…

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Following repeated rejections, the XRP value has consolidated slightly below the $0.4 range. The worth has dropped to $0.38, and the current market setup indicates that the cost is poised to test lower targets in the coming days. However, the markets have once more turned inexperienced for the time being, implying that the price is likely to rise above the consolidation very quickly. Since then, XRP has been trading inside a bearish, falling wedge and has reached highs near $2 in 2021. Despite numerous attempts, the value has failed to break above the consolidation. Nonetheless, the bull appears to have…

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A recent Twitter hack discovered the Purple Cross account selling a fake XRP giveaway, adding to the growing number of cryptocurrency scams on social media. The tweet sent on February 19 announced that Ripple CEO Brad Garlinghouse had started an XRP airdrop and urged customers to act quickly and declare their “present” at a specific hyperlink. The Purple Cross has confirmed the rip-off as a hack and warned their followers to be wary of such fraudulent actions. This is not the first time XRP scams have been promoted through hacked Twitter accounts. The Twitter account of French Municipal Councillor Quentin…

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Mercury, a cryptocurrency (digital asset) investment firm, and ConsenSys, a web3 firm, have announced an integration within MetaMask. This allows MetaMask users to avoid mainstream exchanges and buy crypto tokens directly from their wallets using bank cards, Apple Pay, and other financial institution transfer methods. Due to quick checkouts and simplified consumer onboarding, the combination aims to simplify the purchase of a digital property. The partnership, which was impressed primarily by customers with little experience in cryptocurrency, would also benefit those looking for a quick and easy way to replenish their portfolio. As a result, MetaMask customers can purchase standard…

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Hodlers, Believers, and Investors of CMN, You’ve all been a part of our journey since the beginning. We believe in building a strong community, so we’re intending to burn all existing CMN tokens and migrate to a new contract with improved security and upkeep. When a token is moved from one contract address to another, it is referred to as token migration. We are transitioning to a new contract at a different contract address for the following reasons: The BSC Scan ecosystem continues to evolve at a breakneck pace. As a result, moving their token allows the token maker to…

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The very recent Senate Report from the Australian government on regulating different digital assets supports cryptocurrency that the world can learn a lot from.According to the committee chairman, Senator Andrew Bragg, Australia can become a leader for digital assets in the world.In the report, the first mention was about an introduction to different crypto-specific licenses and different regulations. The very recent Senate Report from the Australian government on regulating different digital assets supports cryptocurrency that the world can learn a lot from. In October 2021, Australia’s Senate Committee, which is a Technology & Financial Centre, made a statement regarding proper…

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The Crypto Media Network is an unbiased media platform and community comprised exclusively of the latest stories from professional writers that value ethical, authentic journalism. It has made an award-winning performance in the Crypto Expo Dubai 2021 with all the efforts and years of hard work the Crypto Media Network is honored with a prestigious award of Media Excellence. This award is a milestone for CMN. The representatives of Crypto Media Network were engaged in discussions about the future of the cryptocurrency industry and the Crypto Media Network (CMN). Crypto Media Network took booth number 56. Crypto Media Network got…

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Those who attend CED 2021 will have a chance to meet some of our representatives who will be engaging in discussions about the future of the cryptocurrency industry and the Crypto Media Network(CMN). The event constitutes a golden opportunity for investors and crypto industry leaders to follow the current trends and explore new business avenues. Participants will have the chance to meet the right crypto companies, invest, and trade. If you can’t make your way to the United Arab Emirates, don’t worry. You can watch all the CED 2021 panels online and for free. To join, make sure to register…

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