😀WOW EARN MERCH FIESTA🆒📆Event Duration: January 15, 2024 - January 29, 2024 (UTC)➡️Event regis
of $48,625 on January 11 and has since trended downward. Currently trading at $40,918, the leading cryptocurrency has experienced a 16% decline over the last ten days, as per CoinMarketCap data.
Despite the imminent crossover of BTC's daily Puell Multiple above the 365-day moving average, the prospect of a rally is clouded by the recent low trade volume, signaling challenges in the short term.
A seven-day moving average analysis of the coin's daily trading volume reveals a significant 35% decline since January 14. Santiment's data indicates that this reduced trading activity may be attributed to the persistently negative weighted sentiment surrounding the coin post-ETF launch. At the current moment, BTC's Weighted Sentiment stands at -0.494.
Related: JPMorgan Raises Concerns Over Impending Bitcoin Sell-off
Examining the daily price chart, it becomes evident that Bitcoin has been in a bear cycle since January 12, marked by the MACD line crossing below the trend line, yielding negative values. The MACD line's intersection with the trend line and subsequent descent below the zero line indicates that the short-term moving average has surpassed the long-term moving average, emphasizing the dominance of downward momentum over any potential uptrend.
Traders typically interpret this scenario as a sell signal, adding to the downward pressure on the asset's price. Consequently, any anticipated price uptrend may face delays until sentiment improves, and bullish forces make a concerted effort to regain control of the market.
Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when makiholder, the implications are substantial. Some express fear, labeling the situation as "pretty scary," citing it as a primary reason for abstaining from ETH staking. This sentiment underscores a growing concern among holders regarding the potential ripple effects a bug of this scale could have on the network's trust and stability.
Related: Ethereum Makes Significant Breakthrough as it Decouples from Bitcoin
Impact on Centralized Exchanges (CEXes)
Even for well-capitalized centralized exchanges (CEXes), potential finalization issues could pose challenges. Although their liquidity is more robust, mitigating substantial losses might become an issue. The bug's repercussions extend beyond the staking realm, raising questions about the broader implications for Ethereum's ecosystem and the entities that operate within it.
Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when mabc1qq3f3jgr9k8mmgquce7p8xmk9udlds47um66g6qkuudurlvhk6waqpr49cfNethermind Experiences Error Impacting Ethereum Validators
By AZC News | 6 hours ago
Nethermind's Execution Client software encountered an error, disrupting the normal operation of numerous validators on the Ethereum network.Nethermind Experiences Error Impacting Ethereum Validators
Nethermind Experiences Error Impacting Ethereum Validators
Incident Discovered on the Nethermind Client
The issue was identified and reported to the software provider, Nethermind, by the X community on the morning of January 22. The problem stemmed from the consensus process of the software and occurred at block number 1905
king a ng a decision.Hi ☃️ Snowman! Join my team on Ice and receive 10 Ice coins when you sign-up using my referral code: https://ice.io/@komg6466Notably, Polygon has solidified its position as the fourth-largest blockchain for NFT trading over the past month, with sales surpassing $100 million, indicating a remarkable 70% increase compared to the previous month, according to CryptoSlam.
Related: Polygon [MATIC] Witnesses Surge in Developer Numbers
Earlier in the month, the layer-2 (L2) chain achieved a significant milestone by surpassing Ethereum [ETH] in 24-hour NFT sales for the first time. Driving this surge in Polygon's NFT market is the success of collections from the Web3 game Gas Hero. Specifically, Gas Hero Common Heroes emerged as the second-most traded collection in the last month, generating sales exceeding $35 million.
Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a MATIC's Sentiment Index plunges further into negativity, signaling a challenging trend. On a brighter note, Polygon's NFT market thrives, boasting $90 million in sales for January alone.MATIC Trading Volume Drops by 50% Despite Price Resurgence
Polygon [MATIC] rebounded by nearly 3% in the last 24 hours, breaking free from a week-long decline that saw the cryptocurrency shedding 9.7% of its market value, based on CoinMarketCap data. However, appearances can be deceiving.
Contrary to expectations, MATIC's USD trading volumes plunged by over 50% during the same timeframe, according to AZC News's analysis of Santiment data. Traditionally, diminished trading volumes in an upward market trend are perceived as bearish signals, indicating a lack of interest from traders to acquire the asset.
Furthermore, a decrease in volume during an uptrend might suggest that it's time to sell and secure profits. It's essential to note that this information is not to be construed as market advice, and readers were advised to conduct thorough research before making any financial decisions.
The Weighted Sentiment also extended its decline into negative territory, reinforcing the bearish narrative surrounding MATIC. Derivatives traders are losing interest in MATIC as well.
MATIC Loses Favor Among Derivatives Traders
Speculative interest in MATIC has dwindled since the beginning of the year. Coinglass reports that the Open Interest (OI) in MATIC futures stood at $199 million at present, reflecting a 34% decline year-MATIC Trading Volume Drops by 50% Despite Price Resurgence🎉 Congratulations to Athene Network for reaching the milestone of 1 million users! Also, the ATH price in-game has officially increased to $0.045 🎉
💎 This success reflects the product's level of completion and the speed of user growth, as well as the uniqueness and attractiveness of the ATH token.
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“The benefit for Dubai is that they’ve gone for something very tailored, very specific. And I think they’ve kind of the way that they framed it, it looks as though they’re looking to build out this sector for the longer term.”
https://loom.ly/QKMrqgc
#crypto #bitcoin governed by and construed in accordance with Myanmar law, and the court of competent jurisdiction in Myanmar will have exclusive jurisdiction in case of dispute under the Conditions of this Service.
Methods to use the uab Wallet service
4.1 Top up/funds transfer to the uab Wallet
(1) The applicant can top up/transfer funds to the uab Wallet of the applicant via account transfer or other channels/services determined by uab bank (topup with MPU card (any bank), top up with uab services company etc) , or receive funds transferred from other Wallets.
(2) The amount of each top up/funds transfer to the uab Wallet must not be less than the minimum amount/transaction (1000 MMK ) determined by uab bank, and the total amount in the Wallet must not exceed the maximum amount (200,000 MMK) determined by uab bank. The applicant can check the maximum amount by which they can top up/transfer funds to the Wallet via each other or the uab account transfer or other topup channels etc.
4.2 Payment and funds transfer
(1) Payment and funds transfer methods
– For payment via the scan function, the applicant is advised to read details on payment via QR Code per the standards determined by uab bank.
– For payment and funds transfer, uab bank shall deduct funds from the applicant’s Wallet at the amount paid or transferred to the other Wallets of deposit accounts specified by the applicant.
(2) The applicant can make funds transfer as many times as they wish and at a total amount of not more than 50,000 (fifity thousand) MMK per each transfer or at the amount to be announced by uab bank in the future.
(3) The applicant can make funds transfer from the applicant’s uab Wallet to other uab Wallets or deposit accounts per the conditions determined by uab bank not more than once a day at a total amount of not more than () MMK or at the amount to be announced by uab bank in the future.
(4) Funds in the uab Wallet cannot be withdrawn as cash via ATM, with the exception of funds transfer or payment as stipulated in the Conditions of this Service only. Funds in the uab Wallet can be used indefinitely; there is no expiration date.
The applicant accepts that they are not entitled to interest or any remuneration from the outstanding balance in the uab Wallet.
The applicant can view payment and/or funds transfer transactions for the past 1 (one) year of the date of the latest transaction via the Grab App.
Payment Service
For Payment Service, The applicant is required to examine the completeness and accuracy of payHi ☃️ Snowman,
Today, our Founder, Zeus, will join Vindicated Chidi on Twitter Space to discuss the intricacies of our whitepaper. This session aims to provide clarity and address any queries from our community.
https://twitter.com/i/spaces/1BdxYrjqaaDKX
Have you marked your calendar? Take advantage of this enlightening session. Join the conversation and be part of our journey! 🌍
#IceNetworkTalks #LetsTalkIce
All the bestHi ☃️ Snowman,
📢 Important Announcement
We've always valued your feedback, and in our continuous effort to innovate, we're excited to announce a significant shift in our approach. We've decided to launch the ICE token on the Ethereum blockchain during Phase One of our project. Furthermore, we're listing ICE on the Uniswap decentralized exchange, enabling it to be traded even in this early phase.
This strategic move is designed to expand our user base and provide liquidity to our early supporters. As we gear up for the mainnet launch in October 2024 and the beta testing of our Mainnet app slated for Q2 next year, we believe this will foster greater community engagement and trust.
To be eligible for the ICE token release on the Ethereum network, participants must meet the following criteria:
✅ Successfully complete the face recognition in Step #1 of the KYC.
✅ Successfully complete Step #2 of the KYC, details of which will be shared soon.
✅ Maintain a minimum of 5 active Tier 1 friends. Each of these friends should have completed both steps of the KYC and have a record of at least 7 days of consecutive mining sessions.
🌟 Lastly, we'd like to highlight that the distribution of ICE tokens will be on a weekly basis leading up to the Mainnet launch. This means you'll have the opportunity to access more tokens every week.
‼️ The ICE Token will be available once our team releases both Steps of the KYC process.
💁♀️ The tokens will be swappable from Ethereum to Ice Open Network(ION) Blockchain once Mainnet has been launched.
Thank you for being a part of this journey. Together, we're reshaping the future of decentralized platforms!
#IceNetwork #IceOnUniswap #IceListing
Hi ☃️ Snowman,
📣 Important KYC Announcement for the Ice Ecosystem
As we approach a pivotal moment in our journey, KYC Step 1 will commence next week, emphasizing our commitment to a genuine user base through face verification.
For KYC Step 2, your understanding of the Ice project will be assessed. We strongly encourage a thorough review of our FAQ, Knowledge Base, and Whitepaper available on our official website. Additionally, our YouTube channel provides in-depth videos elucidating Ice's distinctive features.
🌐 Communication is key. Ensure your team is well-informed and ready for this crucial phase.
✨ At Ice, we believe the project's success is deeply rooted in an informed and active community. Being a part of Ice means participating and truly comprehending and evolving alongside us.
#IceKYC #IceNetwork #IceAnnouncement
All the best,
Ice Team
All the best,
Ice Team,
Ice Teamment for goods/services/funds #dubai
