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XRP Crowned Top Altcoin In South Korea: Is This A Good Time To Buy? – Coinpedia Fintech News

Ripples XRP has taken the countrys crypto market by storm, leaving popular assets like Dogecoin (DOGE) in the dust. In fact, XRPs trade volume has surged to a jaw-dropping $16 billion since the beginning of the year, according to data from crypto market intelligence provider Kaiko.

Kaikos analysis of the top altcoins, based on trading volumes since the beginning of 2023, considered multiple exchanges, including South Koreas four largest exchanges UpBit, Bithumb, Coinone, and GOPAX and Coinbase. XRPs trade volume on these South Korean exchanges has skyrocketed, surpassing Nano and Dogecoin, with more than three times the volume.

Related: Ripple Price Prediction: XRP Can Cross $1 this Month

XRPs trade volume on the top four South Korean exchanges is greater than the combined volume of the three assets ranking second to fourth. Despite the ongoing legal battles with the U.S. Securities and Exchange Commission (SEC), XRP has experienced an impressive price surge over the past 90 days, outperforming Bitcoin. The assets price has increased by 37% within this period, currently trading at an average price of $0.51.

Ripple Labs and its executives continue to fight the SEC to prove XRP is not a security. Amid the legal battle, Ripples Chief Legal Officer, Stuart Alderoty, clarified concerns about the exclusion of XRP from the Liquidity Hub (LH). Alderoty explained that LH is an enterprise product not catering to retail, with low liquidity in the United States due to legal uncertainty.

As Ripple anticipates the conclusion of its legal case with the SEC, a significant decision by Judge Analisa Torres could arrive within a matter of days or weeks. XRP supporter and lawyer John E. Deaton has suggested that this decision could come by May 6. If accurate, investors may have limited time to acquire XRP at discounted prices, with the recent slide potentially offering a good opportunity to buy at a relatively low price.

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Series of Indicators All Setting Up for Altcoin Explosion and New Bitcoin All-Time High, Says Popular Analyst – The Daily Hodl

A popular crypto analyst says that multiple indicators are suggesting that digital asset markets are gearing up for a rapid expansion to the upside.

The pseudonymous analyst known as TechDev tells his 408,000 Twitter followers that before each one of Bitcoins (BTC) run to all-time highs (ATHs), the Chinese 10-year note bottomed out and the moving average convergence divergence (MACD) indicator crossed bullish.

The MACD is a technical indicator designed to signal a possible reversal in trend.

Says TechDev,

This happened before every ATH-setting Bitcoin move.

TechDev also says that the altcoin market is setting up for a big run based on historical patterns.

The analyst looks at the total crypto market cap excluding Bitcoin and identifies periods of downward price action (correction), sideways movement (accumulation) and price rallies (markup).

According to the analyst, altcoins are now in the markup phase, poised for higher prices.

Update:

Correction > Accumulation > Markup

TechDev also compares the altcoin market cap against four other charts. He includes the Bitcoin dominance chart (BTC.D), which compares the market cap of Bitcoin to that of the rest of the crypto markets and the dollar index (DXY), which pits the dollar against a basket of other major currencies. Also included are the charts of the Chinese 10-year note against the DXY (CN10Y/DXY) and the Litecoin versus Bitcoin (LTC/BTC) pair.

According to TechDev, all charts appear to be following their market structures between 2016 and 2018, suggesting that multiple metrics are aligning to signal an explosion in the altcoin markets.

Sometimes patience is all you need.

Looking at the Bitcoin dominance chart, TechDev appears to predict a massive breakdown for BTC.D, similar to what happened between 2016 and 2018. A bearish BTC.D chart indicates that altcoins are growing faster in value than BTC.

For the DXY, the analyst suggests that the dollar index appears to have topped out, indicating that investors are starting to make their capital work in risk assets such as crypto.

Featured Image: Shutterstock/SimpleB

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Series of Indicators All Setting Up for Altcoin Explosion and New Bitcoin All-Time High, Says Popular Analyst - The Daily Hodl

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Big Eyes Coin Challenges Floki Inu To Be The Next Leading Altcoin – Analytics Insight

A few years ago, Meme Coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) were extremely popular and emerged as some of the largest cryptocurrencies in the market. Despite the trend seeming to have passed as new trends and niches attract investor attention, a new battle could be on the horizon with Floki Inu (FLOKI) gaining more popularity and the recently popular Big Eyes Coin (BIG) getting ready to launch!

Floki, the cryptocurrency inspired by Elon Musk, has achieved remarkable success since its launch in 2021. Despite being one of the youngest meme coins on the market, it has risen to become one of the top five highest-ranking meme coins. While it may not hold the top spot, currently held by the first meme coin, Dogecoin, Floki is the largest gainer among them all.

One key factor that has contributed to Flokis success is its expanding utility. Unlike many of its competitors, the project is not solely focused on the cryptocurrency space. Instead, it has branched out into other areas, such as play-to-earn gaming, with the help of its dedicated community. This diversification has undoubtedly played a role in the steady growth of the coin.

Presently, Floki ranks at 120 and is showing positive signs of maintaining its momentum. Despite several significant surges, such as the 41% spike following an Elon tweet, Flokis growth has been consistent. This spike was even more substantial than its contemporaries, demonstrating the coins potential to achieve massive gains.

With its loyal community and increasing utility, Floki is well-positioned to continue its upward trajectory. Its expansion into new niches sets it apart from other meme coins, providing more opportunities for its investors. In a market that is ever-evolving, Floki has proved it is staying in power and is poised to achieve even more significant success in the future.

The Big Eyes Coin presale will be ending on June 3rd, and its official debut is eagerly anticipated. The developers have created a coin that they hope will become a popular investment option in the meme coin space and beyond. They have successfully generated excitement around the project through social media and have attracted the attention of many investors. The recent announcement of the end of the presale has generated a lot of buzz among investors, who are eager to see how the coin performs once it is launched. With a 70% public sale to buyers, the presale offers many tokens with real utility that could become even more valuable as the project progresses.

The bullish market trends are also worth noting, as many experts predict that the rally will continue into the summer months. Bitcoin has finally passed $30k again, and this could mean that Big Eyes Coin could see significant gains shortly after its launch. Investors have been showing a lot of interest in Big Eyes Coin, and the announcement of the end of the presale has generated even more excitement. Buyers can still use the code BULLRUN250 to earn 250% extra tokens before the presale ends. With June approaching quickly, investors wont want to miss out on this opportunity

While Floki has already proven itself as one of the biggest and best meme coins on the market, the attention and anticipation surrounding Big Eyes Coin suggest that it has the potential to become the next big thing with even bigger gains.

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Twitter: https://twitter.com/BigEyesCoin

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Big Eyes Coin Challenges Floki Inu To Be The Next Leading Altcoin - Analytics Insight

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Analyst Unveils Breakout Targets for Binance Coin (BNB), Chainlink (LINK), Arbitrum (ARB) and Injective (INJ) – The Daily Hodl

A popular analyst is unveiling his breakout targets for a small group of altcoins including Binance Coin (BNB) and Chainlink (LINK).

In a new strategy session, pseudonymous analyst Altcoin Sherpa says that hes keeping a close watch on Binance Coin, the utility token of the worlds largest crypto exchange.

According to Altcoin Sherpa, BNB has been trading in a wide range for a year and a strong move above the $350 level could propel the large-cap altcoin to a level last seen in March 2022.

If this actually does have a strong breakout, then I would view $450 probably as a first area, and theres going to be a lot of intermediate levels in between but $450 probably be my next level up.

At time of writing, BNB is trading for $339.

Next up is the decentralized oracle network Chainlink. According to Altcoin Sherpa, a big breakout above $9.30 could push LINK to print gains of as much as 207% considering that it has been consolidating in a wide range for about a year.

When Chainlink starts to actually move strong, I think that its quite likely this goes to at least $14 Since its accumulated for such a long time, I wouldnt be surprised at all to see something like $25.

At time of writing, LINK is worth $8.19.

Another altcoin on the traders list is the layer-2 scaling solution Arbitrum (ARB). According to the analyst, ARB could witness a corrective move to as low as the $1.45 level before the next leg up.

I wouldnt be surprised if this goes above $2. If you look at it from a fundamental standpoint, it still has pretty high TVL (total value locked), pretty high usage relative to other blockchains that are close to being [the] same value.

At time of writing, ARB is trading for $1.62.

The last altcoin on the traders radar is the decentralized exchange Injective (INJ). Altcoin Sherpa says INJ is in the midst of a monster run, which he notes is likely to continue in the short term.

I think the next area up would be around this $10 to $10.60 area, and thats going to be a pretty interesting area, in my opinion. Would be looking to take heavy profits around there.

At time of writing, INJ is worth $9.01.

I

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Analyst Unveils Breakout Targets for Binance Coin (BNB), Chainlink (LINK), Arbitrum (ARB) and Injective (INJ) - The Daily Hodl

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Polkadot Can Reach $8 If It Clears This Overhead Bearish Block – NewsBTC

Polkadot has displayed significant recovery in the past week, with a 10% increase in its price. On the daily chart, the altcoin noted a 4% increase. During this time, DOT was consolidating between $5.40 and $6.40, but once it breached the $6.40 mark, its price started to move north.

Currently, Polkadot is hovering just below the psychological barrier of $7. If it manages to move above this level, it will face another crucial resistance mark, which, if surpassed, can potentially lead to a rally in its price.

The technical outlook for Polkadot is bullish, indicating that the altcoin has the potential to move higher. Additionally, there has been a recovery in demand over the past few days, and accumulation has been high, which is a positive sign for the altcoins price. The market capitalization of DOT has also increased, which indicates that there is a higher demand for the altcoin.

However, bullish sentiment for DOT is largely dependent on the broader market strength and Bitcoins movement above $30,000. Bitcoins movement can have a positive impact on the altcoin market, which can lead to an increase in the DOT price.

At the time of writing, DOT was trading at $6.90, having taken a bullish turn after breaking past the $6.60 mark. The next overhead resistance is at $7, followed by a crucial resistance at $7.60, which marks a bearish order block characterized by an influx of sellers.

On the downside, support for the altcoin stands at $6.50. A further decline can bring the price to $6.30. The trading volume of Polkadot in the last session was green, indicating positive demand for the altcoin. However, breaching the resistance levels will be crucial for DOT to continue its bullish run.

The altcoin witnessed a notable increase in buying strength, with a sharp u-turn in demand. At the time of writing, the Relative Strength Index was above 60, indicating that buyers had overtaken sellers.

This was further supported by the price of the asset moving above the 20-Simple Moving Average line, suggesting that buyers were driving the price momentum in the market. This indicated that investors were bullish on the altcoin, and it may continue to rise in the near future.

DOT was displaying bullish buy signals at the time of writing, in line with other positive technical indicators. The Moving Average Convergence Divergence (MACD) indicated the price momentum and potential trend reversal, with green histograms that were increasing in size.

These histograms were tied to buy signals for the altcoin. Similarly, the Awesome Oscillator was also pointing towards the same bullish reading. It formed green signal bars which indicated positive price action. These indicators, taken together, suggest a favorable outlook for DOT in the near future.

Featured Image From UnSplash, Charts From TradingView.com

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Polkadot Can Reach $8 If It Clears This Overhead Bearish Block - NewsBTC

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Free Speech Discussed in Event Hosted by Conservative-Leaning … – Cornell University The Cornell Daily Sun

Over the last few weeks, the topic of free speech and expression at Cornell has garnered national attention following the Student Assemblys resolution mandating content warnings and President Martha Pollacks swift rejection. To continue discussing the topic of free speech, multiple conservative and non-partisan groups hosted an event featuring a speaker devoted to monitoring free speech issues.

On Thursday, Steven McGuire, the Paul and Karen Levy fellow in campus freedom at the American Council of Trustees and Alumni, spoke to Cornell students about protecting free expression on campus. The ACTA is an independent organization dedicated to promoting academic freedom and university accountability.

The event was hosted by the Cornell Republicans and the Cornell Review, which are both conservative student organizations, and the non-partisan Cornell Political Union. The event covered topics such as the conservative media pundit and author Ann Coulters 84 early exit from her event at the University in November, the Cornell Administrations recent firm no to the Student Assemblys trigger warnings bill and the announcement of free expression as the official University theme of the 2023-24 academic year.

In his speech, McGuire listed rankings provided by the Foundation for Individual Rights and Expression an organization whose mission is to defend free speech and free thought that ranked American universities in categories related to freedom of speech. FIRE ranked Cornell as 158 out of 203 in the comfort university students have in expressing ideas and 188 out of 203 in the administrations support for free speech.

For Max Whalen 26, the freshman representative for the Cornell Republicans, this figure stuck out.

I knew we had a problem with freedom of speech at Cornell, especially after the Ann Coulter event, Whalen said. These figures definitely confirmed this issue for me.

Robert Platt 73, J.D. 76 said he invited McGuire to speak on campus out of concern for freedom of expression on campus.

Ive been watching the campus climate for 50 years now, Platt said. This is the worst its been.

McGuire said that schools with little freedom of expression have low political and intellectual diversity. He also questioned the value of free expression in institutions where the majority of individuals think the same. In response to this issue, he discussed an initiative he helped develop through the ACTA known as the Free Campus Initiative.

We have created a 20-point program that outlines a plan for improving freedom of expression on campus, and Cornell has been the third university that we have launched this program at, McGuire said.

ACTAs program outlines specific steps for committing to a culture of free expression, fostering civil discourse, cultivating intellectual diversity, breaking down barriers to freedom of expression and advancing leadership accountability. For example, it recommends establishing free expression units as part of new-student orientation, protecting the rights of invited speakers to express their opinions and making intellectual diversity a stated goal in the hiring and promotion of faculty.

Avery Bower 23, the president of the Cornell Republicans, commended the ACTAs program, as well as McGuires speech.

McGuire took an equal-opportunity approach and appealed to folks on the left and right, Bower said. I enjoyed McGuires speech and hearing about ACTAs recommendations on top of the vindication and victory President Pollack offered in shooting down the trigger warnings bill.

Indeed, McGuire remarked in an interview with The Sun that the rejection of the trigger warnings proposal reflects a hopeful future for freedom of expression at Cornell.

The rejection of the resolution about mandating trigger warnings and the plan to have a free expression theme for all of next year illustrate that Cornell seems to be a place where there are some issues, but there is also some promise, McGuire said. Cornell has a long history of devotion to open inquiry and diversity of thought and it has the capability to be the kind of school that models these qualities for other universities around the country.

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Free Speech Discussed in Event Hosted by Conservative-Leaning ... - Cornell University The Cornell Daily Sun

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Statehouse Beat: Ignoring the will of the people not exclusive to WV … – Charleston Gazette-Mail

I generally dont have occasion to quote conservative media pundit Ann Coulter, but a comment she made following Janet Protasiewiczs double-digit win over Dan Kelly in the Wisconsin Supreme Court race caught my attention.

In a Twitter post, Coulter said, The demand for anti-abortion legislation just cost Republicans another crucial race. Pro-lifers: WE WON. Abortion is not a constitutional right. Please stop pushing strict limits on abortion, or there will be no Republicans left.

That might be typical Coulter hyperbole, but she is correct that Protasiewicz made abortion rights the centerpiece of her campaign. The Wisconsin high court is expected to hear a case shortly challenging the states 1849 law that makes it a felony to perform abortions, a law revived when Roe v. Wade was overturned, and her election gives progressives a 4-3 majority on the court.

Opposition to a near-total ban on abortion turned what had been projected to be a close race into a Protasiewicz landslide.

A recent Public Religion Research Institute poll of over 20,000 Americans in all 50 states found that 64% believe abortion should be legal in all or most cases.

Majorities of residents in 43 states and the District of Columbia believe abortion should be legal, including 57% of West Virginians.

And that poll seemed to undercount support for legal abortion. A national Gallup poll conducted at roughly the same time put the figure at 69%.

But as Coulter points out, instead of declaring victory with the Dobbs decision and with implementation of total or near-total abortion bans in 15 states, including West Virginia, anti-abortion zealots continue to push for bans in other states, as well as for a national abortion ban.

Indeed, days after Potasiewiczs blowout victory, Florida legislators defied the will of the majority by passing a six-week abortion ban, a bill quickly signed into law by Gov. Ron DeSantis.

Likewise, a Trump-appointed federal judge in Texas, Matthew Kacsmaryk, issued a preliminary injunction to suspend the FDAs approval of mifepristone, a commonly prescribed abortion drug that for the past 23 years, the FDA has consistently found to be safe and effective.

Kacsmaryks ruling, pending appeals and counter-decisions, not only has the potential to ban mifepristone in all 50 states, defying the will of a majority of Americans, but to set a precedent to make it possible to remove other FDA-approved drugs from the marketplace.

Likewise, polls consistently show a sizable majority of Americans want stricter gun safety measures, a demand that goes unheeded by Republicans.

As a result, the United States has exorbitantly high rates of gun violence, gun deaths and suicides by gun compared to other First World countries.

Its not uncommon for cable news coverage of memorial services for mass shooting victims to be interrupted by breaking news of another mass shooting, as occurred Monday.

Yet, Republicans consistently fail to address the crisis, beyond offering thoughts and prayers, with some insisting nothing can be done to curb the nations epidemic of gun violence.

When thousands of protestors descended on the Tennessee State Capitol demanding gun reform following the mass shooting at a Nashville grade school, the response of the Republican supermajority in the General Assembly was to attempt to expel three Democrats who joined in the protests after leadership failed to take up any gun safety measures.

That they ultimately voted to expel Reps. Justin Jones and Justin Pearson, but not fellow protestor Rep. Gloria Johnson, raised the specter of racism, giving the appearance of a majority white male House of Representatives opting to punish two uppity young Black men.

(When asked why she survived the expulsion vote when her colleagues did not, Johnson said, It might have to do with the color of our skin.)

Since 1900, the Tennessee General Assembly had expelled only two members one after being convicted of bribery, the other after detailed evidence surfaced of multiple instances of inappropriate sexual conduct.

By comparison, the Tennessee Threes expellable offense was violating rules of decorum by leading peaceful protestors up in the House galleries in chants calling for gun reform.

Something similar occurred in the West Virginia Senate chambers this spring, when Sen. Robert Karnes, R-Randolph, violated rules of decorum by disrupting a morning floor session by repeatedly yelling out demands for bills to be read in their entirety, and shouting calls to be recognized by Senate President Craig Blair, R-Berkeley.

Karnes outbursts were not in pursuit of the noble cause of attempting to quell the ongoing carnage of young people, but in an attempt to kill a bill placing restrictions on child marriage in the state.

While the West Virginia Constitution, like the Tennessee Constitution, provides for expulsion of legislators with a two-thirds vote of the body, Karnes received no disciplinary action for his outbursts, other than being removed from the Senate floor for the remainder of the day.

No expulsion from the Senate. No loss of committee assignments. Just a few hours off the Senate floor. Which would have also been an adequate punishment for the Tennessee Three.

Had Karnes been a Black progressive Democrat, he likely would have faced much more severe punishment for violating Senate rules.

There are many other parallels between the GOP supermajority legislatures in Tennessee and West Virginia.

As we saw the cavalier attitude of Tennessee legislative leaders in ignoring the will of the people, weve watched West Virginia legislative leaders ignore the will of the people again and again, formulating bills in secret, stifling public input, defying a Constitutional process designed to promote transparency and clarity, and limiting debate by members.

As in Tennessee, Republicans in the West Virginia Legislature turned Republican majorities into supermajorities through the use of extreme gerrymandering that diluted Democratic votes by dividing blue cities among multiple rural districts.

Political parties that consistently defy and ignore the will of a majority of voters cannot stay in power indefinitely.

Of course, the expulsions backfired on the legislative leadership in Tennessee, providing the Tennessee Three with a national forum to expose wrongdoing in the General Assembly, and with Jones and Pearson being quickly reappointed to their seats in the House.

(To that end, the process to fill legislative vacancies in Tennessee is far superior to the process in West Virginia, with the Boards of Commissioners in the representatives respective counties quickly voting to reappoint both.

Had the expulsions occurred in West Virginia, the legislators respective Democrat Executive Committees would have had to submit to the governor three nominees to fill each vacancy. Politics being what they are, it is unlikely the governor would reappoint the expelled legislators, at the risk of drawing the wrath of the legislative leaders that orchestrated their ouster.)

Along those lines, it was disheartening to see statewide elected officers, including Gov. Jim Justice, Attorney General Patrick Morrisey, Secretary of State Mac Warner and Treasurer Riley Moore, issue statements criticizing the indictment of Donald Trump, while all, as best I can determine, remained silent regarding back-to-back mass shootings in Nashville and Louisville, Kentucky.

Justice, in a particularly heartless and obscene gesture two days after Louisville, posted on Twitter a six-week-old article on his signing the campus open carry bill into law, stating, I strongly support the Second Amendment. I proudly signed the Campus Self-Defense Act, which will strengthen Second Amendment protections in West Virginia.

Well, at least he refrained from spitting on the graves of the shooting victims. (Although Im sure if the gun lobby told politicians that is what they must do to retain its support, they would get their saliva flowing.)

Justice called Trumps indictment (almost certainly the first of several) a witch hunt, a term popularized by Richard Nixon regarding the Watergate investigation an investigation that led to his resignation as president, and had he not been pardoned, would have resulted in his indictment and almost certainly, his conviction on charges stemming from the cover-up.

Im pretty sure all the officials decrying the indictment took oaths of office in which they swore to uphold the U.S. and West Virginia constitutions, and yet, without the benefit of a trial, without access to the evidence, are disparaging a judicial process that has served our country and state well for ages, on no grounds other than blatant partisan politics. A duly empaneled grand jury of 26 fellow citizens concluded there was sufficient evidence to indict Trump, and Trump will have every opportunity to present evidence, call witnesses, testify, and otherwise defend himself at his trial.

If the indictment (and the ones likely to follow) were excessive, an overreach, or politically motivated, that will come out during the trials. If it turns out that Trump operated like a mafia boss in the White House, that too will be revealed in court.

Letting the legal process take its course is the American way.

Finally, since my last column, I passed a milestone birthday immortalized in a song from the Beatles Sgt. Peppers Lonely Hearts Club Band album. I would have been eight years old the first time I heard the song, and it never occurred to me at the time that someday, it would apply to me.

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As Litecoin (LTC) Looks To Score A Century, Here’s How Much You’d Have If You Invested $100 Today And It Touched … – Benzinga

Litecoin (LTC) is a fork of Bitcoin BTC/USD that came into existence in 2011. The cryptocurrency was created by former Google engineer Charlie Lee as an adaption of the apex coin's source code.

In 2014, Dogecoin DOGE/USD, the bellwether meme coin, implemented Auxiliary proof-of-work following Lee's suggestion. This has allowed the two coins to be merge mined. In a way, Dogecoin is a relative of Litecoin.

See Also: Where To Buy Cryptocurrency?

The Investment: At the time of publishing LTC traded 3.4% higher at $99.50 as it hovered around the key $100 mark. The cryptocurrency has shot up 9.9% over the span of the last seven days.

Litecoin touched an all-time high of $412.96 on May 10, 2021.Should an investor be persuaded by the recent spike in LTC price to invest $100 in the coin, here's how much they'd have if the price returns to those highs.

The investor's $100 can potentially turn into $415.03if LTC goes all the way back to its May 2021 ATH level. The gain, in this case, would be 315.03%.

Read Next:These 2 Ethereum Rivals Are Spiking Today Even As Bitcoin Slips

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As Litecoin (LTC) Looks To Score A Century, Here's How Much You'd Have If You Invested $100 Today And It Touched ... - Benzinga

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TMS Network (TMSN) Sees Massive Momentum With Presale and Mask Network (MASK) and NEAR Protocol (NEAR … – Analytics Insight

The Web3 industry is consistently evolving, as more projects than ever before are fighting for the top spot regarding market capitalization, utility, and appeal.

As of April 13, 2023, there are over 23,300 cryptocurrencies available. What this means is that a project has a high level of competition and genuinely needs to do something unique to stand out.

One such project among investor circles is TMS Network (TMSN), and today, we will go over what this project is and how it compares to other well-established projects, including Mask Network (MASK) and NEAR Protocol (NEAR).

Mask Network (MASK) is essentially a bridge from Web2 to Web3 that makes it possible for social media platforms, like Facebook or Twitter, to utilize features otherwise exclusive to the blockchain space.

What this means is that by using Mask Network (MASK), anyone will be able to conduct payments, tipping, trading, decentralized file storage, or use non-fungible tokens (NFTs) without needing to leave the social media network.

The native cryptocurrency, Mask Network (MASK), is used for governance and also has a use-case surrounding the incentivization of the protocol.

When we go over the value of the Mask Network (MASK) cryptocurrency, as of April 13, 2023, it was trading at $5.69. The all-time high of Mask Network (MASK) was reached on February 24, 2021, at $41.45.

When we go over its historical performance, in the last 30 days, Mask Network (MASK) grew by 75.3%. In the last 24 hours, the Mask Network (MASK) crypto increased by 5.5%. It is clear that this cryptocurrency has showcased growth, but it is not alone, as investors and traders have also been paying attention to NEAR Protocol (NEAR) and TMS Network (TMSN).

NEAR Protocol (NEAR) is a blockchain built for the creation of decentralized applications (dApps) reliant on the Proof-of-Stake (PoS) consensus model known as Nightshade.

The native cryptocurrency, NEAR Protocol (NEAR), is used for the payment of fees, to run a validator node, and is used for governance votes.

The NEAR Protocol (NEAR) network aims to provide dynamic scalability and stabilize fees.

On April 13, 2023, the NEAR Protocol (NEAR) cryptocurrency was trading at $2.20. In regards to its all-time high, on January 16, 2022, NEAR Protocol (NEAR) reached $20.44.

As for its recent performance, in the last 30 days, NEAR Protocol (NEAR) increased by 7.6%, and in the last 24 hours, it increased by 3.1%.

TMS Network (TMSN) is a decentralized platform that is built on top of the Ethereum blockchain, and that can revolutionize the traditional trading industry. Through the TMS Network (TMSN), anyone globally will be able to trade any derivative. This means that users can leverage the power of TMS Network (TMSN) to begin trading CFDs, forex, stocks, futures, and much more, without the need to create a separate account.

All they need to do to begin using the platform is to connect their cryptocurrency wallet. All of this works without the requirement of FIAT currencies either.

The native token is known as TMS Network (TMSN), and it is used for governance accessing specific advanced trading tools, and its holders can get commissions from the trading volume generated on the platform.

Some additional features behind TMS Network (TMSN) include its implementation of social trading features and support for MT4 and MT5.

At its Stage 2 presale period, TMS Network (TMSN) is trading at a value of $0.075. Analysts within the Web3 space predict that its value can climb to $2.2 by the end of December 2023, and any trader who aims to get it before it rockets in value can do so at the links below.

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/TMSNetworkIO

Twitter: https://twitter.com/@tmsnetwork_io

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TMS Network (TMSN) Sees Massive Momentum With Presale and Mask Network (MASK) and NEAR Protocol (NEAR ... - Analytics Insight

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Ether Extends Rally As Withdrawals From $38 Billion Of Unlocked Tokens Remain Modest – Forbes

Antalya, Turkey - May 21, 2021: Close-up of Ethereum ETH cryptocurrency over computer circuit

Ether extended its rally on Friday, bringing its gain for the week to 11% at midafternoon in New York. The second largest cryptocurrency took off on Thursday after the successful completion of the Ethereum Shanghai upgrade. The upgrade unlocked $38 billion of ether that had been deposited to help run the blockchains operations as it transitioned to a proof-of-stake format from the more energy-intensive proof of work.

Stakers, who earn fees from lending their coins back to Ethereum ETH , seem in no hurry to end their investments, some of which have been locked up since December 2020. Withdrawal requests amount to $1.8 billion, but the process can take days or weeks and only $320 million has left the blockchain so far. That was mitigated by $212 million of staking deposits in the past 24 hours, according to Nansen analyst Andrew Thurman.

Theres been strong net outflows, but were reaching equilibrium faster than I personally anticipated, says Thurman.

Ether is up 9% since Wednesday evening, when the Shanghai update went live trading at $2,084.96 according to CoinGecko.

Governance tokens for staking protocols have risen alongside ether. Lido, the market leader, and RocketPool saw the biggest gains in price, 10% and 20%, respectively, since the Shanghai update went live. Lidos staked eth (stETH) has also benefited, up 8.6% since the Shanghai update and propelling the coin to CoinGeckos list of top 10 cryptocurrencies.

Users looking to take advantage of price differences among different staking providers were likely to withdraw their tokens. In fact, the Kraken exchange accounts for about two-thirds of the unstaking requests because it is leaving the business in the U.S. as part of a settlement with the SEC, which considers the companys staking program to be improper.

About 11% of the ether awaiting withdrawal comes from coins staked through Coinbase, likely exiting because of arbitrage trades through RocketPool, according Thurman.

Interested in reading more? Subscribe to Forbes CryptoAsset and Blockchain Advisor here.

Crypto hedge fund North Rock LP contended in a Twitter post on Wednesday that this withdrawn ether would not hit the market as owners sought to find better deals to maximize their staking rewards.

Public crypto mining stocks have also fared well this week, with prices up 40-50%. Riot Platforms, one of the largest in the U.S. was quoted at $13.33 a share on Friday afternoon 46% higher than last weeks close.

As ether no longer uses crypto miners, the bullish results may reflect renewed investor confidence in digital assets overall.

The markets overall value is up 5% for the week and 60% this year. Bitcoin BTC , which still uses miners and accounts for 45% of the market, is up 8.7% in the past seven days and 83% year-to-date.

Investor reaction to the Shanghai upgrade has resonated in the larger crypto market says Brian Dobson, managing director of disruptive technology at Chardan Capital Markets.

The Shanghai update has also been seen as a major win for institutions looking to invest in digital assets with minimized risk. Institutions will be able to stake and earn a yield that mirrors fixed financial instruments such as bonds in traditional capital markets, Mona El Isa, CEO of blockchain-based finance firm Avantgarde Finance said in an emailed statement to Forbes. After the Shanghai fork, staking yields from Ether could be synonymous with the risk-free rate that traditional capital markets use to price their assets.

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Ether Extends Rally As Withdrawals From $38 Billion Of Unlocked Tokens Remain Modest - Forbes

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