Hey everyone, I have 12 USDT in my phantom wallet and i want to withdraw it or convert it to solana but for both i need $2 worth of ether which i dont have, I was Hoping if anyone was willing to donate only $2 worth of eth, i would have bought it myself but…
Read more
submitted by /u/0xJonnyDee [link] [comments]
submitted by /u/0xJonnyDee [link] [comments]
submitted by /u/DA_Maverick_AD [link] [comments]
LayerZero Labs will enforce consequences for those who don’t self-report by May 17.
The Bitcoin price made a strong comeback on Friday after witnessing a significant amount of bearish pressure throughout the past week. On Wednesday, May 1, the premier cryptocurrency fell below the $60,000 mark for the first time in almost two months. On Friday, May 3, the price of BTC recovered above the $60,000 level, going as high as $63,000 in the past day. However, the question is – can the Bitcoin price enjoy a sustained rally following this latest resurgence? How Long Will The BTC Price Rally Last? In a recent post on the X platform, Santiment pointed to a shift in investors’ position and sentiment on the Bitcoin price following the recent surge above $62,000. According to the on-chain analytics site, traders on the Binance platform are “going from liquidated shorts to longs” after the latest price increase. Related Reading: Shiba Inu Stands Strong: Over 650K Wallet Addresses Still Profitable Amid Recent Price Drop While this shift in sentiment might signal renewed optimism in the premier cryptocurrency, Santiment sounded a warning bell for enthusiasts watching the Bitcoin price and looking to get into the market. The blockchain firm said in its post: For the rally to continue, we don’t want to see FOMO rising too much higher than what it appears to be now. Source: Santiment/X FOMO, or “fear of missing out,” is a phenomenon where investors hastily purchase in-demand assets out of fear of missing out on potential gains. While it can drive the asset to a higher price in the short term, excessive FOMO often results in unsustainable bullish trends and subsequent downturns. What’s more, crypto prices tend to move in the opposite direction of the crowd’s expectations. Hence, if the majority of traders are betting on the Bitcoin price to rise, there is a great likelihood that the cryptocurrency’s value will experience a drop. Behind The Bitcoin Price Surge As of this writing, the Bitcoin price stands at around $62,871, reflecting a substantial 6% increase in the last 24 hours. Although the catalyst for this latest Bitcoin rally remains unclear, on-chain data shows that recent whale activity might have triggered the bullish momentum. Related Reading: Crypto Expert Turns Bullish On Bitcoin, Predicts Quantitative Easing Will Begin Soon In a recent post on X, CryptoQuant CEO and founder Ki Young Ju revealed that Bitcoin whales acquired 47,000 BTC in a single day. Ju also said that while this class of investors might have included ETF-associated addresses, the recent spike in “balances for whale addresses” is not ETF-related. #Bitcoin whales accumulated 47K $BTC in the past 24 hours. We’re entering a new era. pic.twitter.com/SXgzToN8GU — Ki Young Ju (@ki_young_ju) May 3, 2024 Bitcoin price fails to hold above $63,000 on the daily timeframe | Source: BTCUSDT chart from TradingView Featured image from iStock, chart from TradingView
The digital asset trading platform, Moonpay, announced on May 2 that it had formed a partnership with Paypal. This partnership will allow U.S. users to purchase cryptocurrency using their Paypal accounts. Users of Moonpay can benefit from the security offered by Paypal, a payment provider known for sharing comprehensive financial information about transactions. Moonpay Users […]
The Judge ruled last year that secondary sales of XRP "retail buyers" was legal and that XRP is not a security but also ruled that institutional sales of XRP were illegal. So, my question is …….since institutional sales of XRP were deemed illegal, how would Ripple go about their business in using XRP as the…
Read more
Official Binance's statement (2024-Feb-06): https://www.binance.com/en/support/announcement/binance-will-delist-ant-multi-vai-xmr-on-2024-02-20-f73b083ba6834771b07dbe5319917ae5 Binance Will Delist XMR Withdrawals of these token(s) from Binance will not be supported after 2024-May-20 Delisted tokens may be converted into stablecoins on behalf of users after 2024-May-21 Please note that the conversion of delisted tokens into stablecoins is not guaranteed. submitted by /u/MoneroFox [link] [comments]
Grayscale Investments’ GBTC has seen its first day of inflows, following over $17.5 billion in outflows since the launch of Bitcoin ETFs in January.
