Altcoin News Daily Official TheBitTimes.com

A new Ethereum (ETH)-based layer-2 project is debuting with a fully diluted value (FDV) of more than $7.7 billion amid support from leading crypto exchanges. According to a new announcement, top crypto exchange Binance is supporting Movement (MOVE) through its airdrop portal. After the airdrop, MOVE will be available to trade in the MOVE/BTC, MOVE/USDT, MOVE/BNB, MOVE/FDUSD and MOVE/TRY trading pairs. Binance is attaching a seed tag to MOVE, which the exchange applies to lower-liquidity projects that may exhibit higher volatility compared to other listed tokens. Binance requires users who own assets with seed tags to pass quizzes every 90 days to ensure they’re aware of the risks before trading the tokens. Korean crypto exchange Upbit has also announced trading support for MOVE. Hours after launch, MOVE is trading for $0.77 at time of writing, up 13.8% since going live. With a market cap of $1.7 billion, MOVE is the 86th largest crypto project. The projec...

The XRP price dropped 3% in the last 24 hours to trade at $0.6047 as of 03:49 a.m. EST on trading volume that plunged 50% to $2.6 billion. This comes as the U.S. Securities and Exchange Commission (SEC) hints at a looming appeal after District Judge Analisa Torres ordered Ripple to pay a $125 million fine, while the SEC had sought a much larger penalty of $2 billion. The SEC may still be considering appealing certain aspects of the case. After a sustained surge this week, XRP now trades within the $0.60 range. Can XRP surge above the currency resistance? XRP Price To Continue Rallying The XRP price dropped from the $0.65 resistance to the $0.47 support from August 1 to August 6, according to data from GeckoTerminal . The bulls, however, capitalized on this support to push the token back to the resistance zone, forming a complete rounding bottom pattern. XRP price aims for a rally above the pattern, as the price now trades above both the 50-day and 200-day Simple Moving Averages (...

All Layer-2 Solutions Have Backdoors- Vitalik Vitalik acknowledges that all Ethereum L2s have “backdoors”. advertisement I’ve obviously been saying this for years. These L2s are run by large corps and they’ll eventually face regulation. They’ll never be sufficiently decentralized. Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Trading Bots List 2023 Must Read Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated] Must Read Crypto Telegram Channels List 2023 [Updated] Must Read ...