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Showing posts from October, 2023

Solana’s Market Dynamics Amid FTX’s $10 Million Move

  Solana (SOL) , the crypto market’s rising star, has recently been in the spotlight due to its impressive performance, with a more than 10% surge in value over the past week. Currently holding the seventh position in market capitalization, which exceeds $13.49 billion, Solana’s value has increased by 12% in the last seven days, according to CoinMarketCap data. FTX’s Recent Activity Raises Questions However, a new development involving FTX, a cryptocurrency exchange known for its tumultuous history, has caught the attention of the crypto community. FTX has moved over 300,000 SOL tokens, valued at over $10 million. This significant transfer by FTX, along with other assets including $BAND, $PERP, $TRU, $BICO, $KNC, $CVC, and $BOND, cumulatively worth $19.4 million, has left many wondering about the implications for Solana investors. Is this a cause for concern, or merely a blip in the market? UPDATE: FTX/Alameda transferred $19.4M assets again today, including: 309,185 $SOL($10M) 2.0...

How to Buy Bitcoin in 2023

  How to Buy Bitcoin  Make your new Binance account Start by signing up with your email address or phone number. You must choose a strong password to protect your new account. Binance Sign up You must complete these steps. After this,  Binance  will ask you to enter the verification code sent to your email address. Once you enter the verification code, your account will get registered. Buying Bitcoin Through Debit/Credit Card Click on the ‘Buy Crypto’ button on the top left corner of the website. After this, click on the credit/debit card option. Choose the amount of money you would like to spend, and click on the ‘Buy BTC’ button. If this is your first transaction on  Binance , you will have to go through a verification process before buying anything. A message to complete your identity verification will appear on your screen. Click on the ‘Verify Now’ button. You will get redirected to the verification page.  Binance Verification To verify your identity,...

Solana Joins Dubai’s Largest Free-Trade Zone to Foster Web3 Adoption

  > Buy Solana < Solana Foundation, the nonprofit organization behind the layer-1 blockchain  Solana , has joined the largest free trade zone in the UAE – the Dubai Multi Commodities Centre (DMCC) – as an ecosystem partner, to tap into the Web3 value in Dubai. The collaboration will enable Solana to offer technical and business development support to Dubai’s DMCC crypto community,  the  official release  notes. The DMCC Crypto Centre hosts a rapidly-growing community of over 550 crypto firms and is the largest ecosystem of crypto and blockchain companies in the region. Solana’s (SOL) integration would increase DMCC members’ ability to develop their concepts and scale their projects using one of the most prominent blockchains, the release notes. Solana currently boasts a market capitalization of over $9.4 billion placing it among the top 10 global crypto projects. Through the partnership, the free zone will provide complimentary set up and business licensin...

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