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MUST Price   

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MUST Price:
$1.1 K
All Time High:
Market Cap:
$574.5 K

Circulating Supply:
Total Supply:
Max Supply:


The price of #MUST today is $5.50 USD.

The lowest MUST price for this period was $0, the highest was $5.50, and the exact current price of one MUST crypto coin is $5.50380.

The all-time high MUST coin price was $650.

Use our custom price calculator to see the hypothetical price of MUST with market cap of ETH or other crypto coins.


The code for Must crypto currency is also #MUST.

Must is 3.4 years old.


The current market capitalization for Must is $574,453.

Must is ranking upwards to #981, by market cap (and other factors).


There is a small daily trading volume on #MUST.

Today's 24-hour trading volume across all exchanges for Must is $1,132.


The circulating supply of MUST is 104,374 coins, which is 10% of the total coin supply.

A highlight of Must is it's unusually low supply of coins, as this tends to support higher prices due to supply and demand in the market.


MUST is a token on the Ethereum blockchain, and has digital contracts with 1 other blockchain.

See list of the MUST Blockchain contracts with 2 different blockchains.


MUST is available on several crypto currency exchanges.

View #MUST trading pairs and crypto exchanges that currently support #MUST purchase.


Note that there are multiple coins that share the code #MUST, and you can view them on our MUST disambiguation page.



Ripple Price Analysis: The Bulls Must Defend This Level to Prevent a Mas...

    Ripple’s price has been consolidating for almost a month now. Yet, the market’s future direction could be determined soon. By TradingRage The USDT Paired Chart Against USDT, the cryptocurrency is still showing no signs of recovery. Since the market dropped below the 200-day moving average, located around the $0.6 level, the price action has been extremely choppy. Currently, the $0.5 support level is being tested once again. If the level breaks down, a decline toward the $0.4 zone would be imminent. With the RSI showing values below 50%, the momentum is bearish, and there is a considerable probability for this scenario. Source: TradingView The BTC Paired Chart The XRP/BTC chart paints a completely different picture. Ripple has been consistently dropping against BTC for the last 6 months. The 800 SAT level has recently held the price, preventing it from a further decline. Meanwhile, after almost a month of consolidation around the level, it seems that the 800 SAT zone is on the verge of a breakdown. This would be a catastrophic scenario, as the price could experience a flash crash. Source: TradingView The post Ripple Price Analysis: The Bulls Must Defend This Level to Prevent a Massive Crash for XRP appeared first on CryptoPotato. read More

Polkadot Getting Closer to the Danger Zone, Bulls Must Portect This Leve...

    Polkadot recently experienced a significant downturn triggered by increased selling activity around the 200-day moving average, leading it to touch the lower boundary of its sideways trading range. However, should this boundary be breached unexpectedly, conditions would be ripe for a continuation of the bearish trend. Technical Analysis By Shayan The Daily Chart Examining Polkadot's daily chart, we observed a recent bullish ascent culminating at the critical 200-day moving average of $7.4, followed by notable rejection. Subsequently, the cryptocurrency underwent a decline, ultimately landing at a substantial support area represented by the lower threshold of its sideways trading range, positioned at $6. This lateral movement suggests the likelihood of ongoing consolidation, with a decisive and robust breakout from the $6 to $7.5 price range deemed essential for determining its future trajectory. Nonetheless, a sudden breach of the $6 support zone could initiate a cascading effect, potentially driving prices toward the $5.5 mark. Source: TradingView The 4-Hour Chart Zooming in on the 4-hour timeframe, Polkadot has exhibited fluctuations within an ascending wedge pattern, bounded by the $6 to $7.5 price range. Most recently, after a brief surge, the price encountered resistance near a critical level, specifically the 0.5 Fibonacci level at $7.5, leading to a noticeable decline. This suggests the presence of heightened selling pressure around the crucial $7.5 resistance level, i... read More

Crypto Analyst Says Bitcoin Must Hold Above $51,800 As ETF Outflows Trig...

    The Bitcoin price continues to trend below $60,000 as a 20% decline triggered a brutal market-wide crash. This has exposed multiple critical support points for the cryptocurrency, some of which the price has already fallen below. In light of this, a crypto analyst known as Norok has revealed the level the BTC price must not fall below to maintain its bullish trend. Bitcoin Price Must Hold Above $51,800 In an analysis posted on the TradingView website, crypto analyst Norok revealed that $51,800 is now the most important support level for Bitcoin. Norok pointed out that Bitcoin has since returned to its last support level which was last seen in December 2023, making this a crucial support. In the meantime, the support that had been built up by bulls at the $62,000 level has since been broken by bears and has now been turned into resistance. Nevertheless, the crypto analyst does not believe that the Bitcoin price has turned bearish, despite the crash that has rocked the crypto market. For Norok to turn bearish, he stated that the BTC price would have to break down below support at $51,800. According to him, such a move will invalidate whatever bullish thesis is in play for Bitcoin, ending the bullish trend of 2023-2024. In the short term, Norok identifies $56,900 as a level that bulls must hold. He explains that this could help to reinforce the current bullish trend. “Price must hold here at this Support and then it can recapture the cloud to resume to Bullish Trend,&rdq... read More

$59,600: Analyst Explains Why Bitcoin Must Stay Above This Level

    Bitcoin bulls may soon be back in business. According to Willy Woo, an on-chain analyst, market data shows that urgent 'market sells' responsible for forcing the coin from all-time highs are now falling. This development may prop up prices, preventing further sell-offs. Bitcoin Selling Pressure Easing This preview is due to falling Cumulative Volume Delta (CVD) data, an on-chain indicator that can also track market sentiment. Specifically, it tracks buying and selling aggression from market participants. Now that CVD is dropping, Woo says more BTC holders are likely willing to weather the storm. Their decision may directly support prices.  Woo adds that BTC must reject selling pressure and end the current short-term weakness as things stand. As on-chain data shows, BTC should stay above $59,600. The CVD lie has historically separated bullish and bearish zones.  Based on this, BTC should remain above the $60,000 round number for the uptrend to be sustained. If not, and bears take over, pressing prices lower below the CVD level could signal the beginning of a new bear regime. Thus far, BTC is under immense selling pressure, shaving approximately 15% from all-time highs. The coin has support at around the $60,000 and $61,000 zone, moving inside a range. Resistance is at an all-time high of around $74,000 on the upper end.  Based on this preview, any losses below $60,000, as Woo notes, would likely see BTC dump. The coin might drop to $53,000 in t... read More

Dogecoin (DOGE) Must Break Above This Level To Reach New ATH: Details

    Dogecoin (DOGE) has been experiencing significant volatility around the $0.20 range. The fluctuation started in late March when the coin surged past $0.22. Many traders consider the $0.20 range a crucial resistance zone, highlighting the difficulty of breaking above this long-fought psychological level. Data from IntotheBlock shows that at least 32K addresses are holding 3.78 billion DOGE at a loss in the $0.20 range. Dogecoin is looking for a new yearly high!$DOGE is currently up by more than 10% in the last 30 days. To continue this trend and move to new highs, Dogecoin needs to solidly break the $0.20 level, where 32k addresses hold 3.78B $DOGE at a loss. — IntoTheBlock (@intotheblock) April 9, 2024 DOGE must break above this resistance to reach new heights. Similarly, renowned trader Rekt Capital suggested that the memecoin is going through a retesting phase at that level on the monthly timeframe. At press time, DOGE is exchanging hands at $0.19 at press time, a 3% decrease in a day. The primary asset has been performing relatively well on the weekly scale while most memecoins are in the red: dogwifhat (WIF) and BOOK OF MEME (BOME) are down -9.2% and -21.5%, respectively. Meanwhile, DOGE and Shiba Inu (SHIB) are up 2.0% and 2.9%, respectively. On that topic, SHIB’s layer-2 scaling solution, Shibarium, has experienced a significant increase in daily transactions, over 75,000, representing a 1,000% increase. Another notable achieveme... read More

New Crypto Tax Law Takes Effect in US: Transactions of $10,000 or More M...

    A new tax reporting law has entered into force in the U.S. Starting on Jan. 1, all Americans receiving $10,000 or more in crypto in the course of their trade or business must file a report with the Internal Revenue Service (IRS) within 15 days. 'If you don't file a report within 15 days of receiving the transaction, you could be found guilty of a felony offense,' Coin Center warned.New Crypto Tax Law Takes Effect on Jan. 1 Effective Jan. 1, 2024, the Infrastructure Investment and Jobs Act, which passed in November 2021, requires 'anyone who receives $10,000 or more in cryptocurrency in the course of their trade or business to make a report to the IRS about that transaction,' crypto policy advocate Coin Center explained in a blog post on Tuesday. 'The report must include, among other things, the name, address, and social security number of the person from whom the funds were received, the amount received, and the date and nature of the transaction,' Coin Center executive director Jerry Brito detailed, adding: This law became effective on January 1st and all Americans are now subject to it … If you don't file a report within 15 days of receiving the transaction, you could be found guilty of a felony offense. Coin Center is a leading non-profit research and advocacy center focused on the public policy issues facing cryptocurrency. The organization filed a lawsuit against the Treasury Department in June 2022 challenging the constitutionality of this new crypto law. However... read More

Judge Rules DCG Must Hold on to Genesis Until Bankruptcy Proceedings Con...

    Genesis, a bankrupt crypto lender, has successfully won a legal bid to prevent its parent company, Digital Currency Group (DCG), from selling or diminishing its ownership stake in the firm until the completion of Chapter 11 bankruptcy proceedings. This move by Genesis is aimed at securing vital tax benefits, which hinge on its continued status within the tax-consolidated group of which DCG is the common parent. Genesis Battles to Preserve $700M Tax Benefit in Reorganization Effort Genesis, which filed for bankruptcy in January following a challenging year for the crypto industry, is seeking to capitalize on approximately $700 million in federal net operating loss carryforwards. These carryforwards are essential for Genesis, as they can be utilized to reduce its federal income tax liability in both current and future years. The potential tax savings from these carryforwards are seen as a crucial factor in enhancing Genesis's cash position, benefiting all interested parties, and contributing to a successful reorganization of the company. As depicted in Monday's court order, Genesis imposed restrictions on ownership modifications to safeguard specific tax advantages. These benefits are only valid as long as Genesis maintains its position within the tax-consolidated group that DCG presides over. If DCG's stake in Genesis drops beneath 80%, Genesis risks forfeiting benefits associated with nearly $700 million in 'federal net operating loss carryforwards,' as indicated by a Novembe... read More

Bitcoin Must Hold $32K Support to Prevent Bears from Taking Over: Analys...

    TL;DR Bitcoin's Rise to $100K: Analyst DonAlt predicts Bitcoin could reach $100,000, influenced by the 2024 BTC Halving, with potential highs up to $110,000 by 2025-2026 following a 150% rise this year. Short-Term Volatility Concerns: DonAlt cautions about short-term risks, emphasizing the importance of Bitcoin staying above $32,000 to avoid a bearish trend. On-Chain Metrics Analysis: Recent increases in Bitcoin exchange netflow suggest possible selling pressure, while a decrease in open interest indicates lower upcoming volatility. Here is When Bitcoin (BTC) Might Reach the $100K Level Bitcoin's rally has been more than evident this year, with its price rising approximately 150% since January 1. The impressive performance has given numerous experts and analysts the opportunity to predict whether the asset has a chance of skyrocketing to the coveted mark of $100,000. One person who believes such a scenario could be in the cards is DonAlt, who stands behind the popular YouTube channel Technical Roundup. He said the upcoming BTC Halving (scheduled for April 2024) could act as a catalyst and propel a price jump of over $100K: 'Maybe we do something like this before we go lower again – like $90,000, $100,000 [or] $110,000 toward 2026 or 2025 wouldn't surprise me, but it's what I think you could be looking at on the Bitcoin front.'  On the other hand, the analyst warned about the risks in the short term, arguing that BTC's valuation could plunge in the near futur... read More

Here Are the Bitcoin ETF Deadlines You Must Know for 2024

    TL;DR Awaiting US SEC Decision on Spot Bitcoin ETFs: The SEC is expected to decide on several spot Bitcoin ETF applications from major firms like BlackRock and Fidelity, with deadlines in early 2024. BlackRock's Leading Role: BlackRock, the world's largest asset manager, is a key contender in the spot BTC ETF race, bolstered by its successful track record with the SEC and partnership with Coinbase. Possible Boost to Bitcoin's Price: Approval of a spot Bitcoin ETF, especially from a firm like BlackRock, is anticipated to significantly elevate Bitcoin's price, potentially reaching up to $100,000. How Soon Can We Witness a Spot BTC ETF in the US? The possible approval of a spot Bitcoin exchange-traded fund (ETF) in the United States has been a highly intriguing topic lately, with some envisioning that launching such a financial instrument could reshape financial innovation and boost the cryptocurrency market. The lengthy list of giants that have already filed applications with the US Securities and Exchange Commission (SEC) include notable names like BlackRock, Fidelity, Franklin Templeton, Invesco, and many others.  The crypto analytics platform IntoTheBlock shed more details on those initiatives, outlining when the regulator is expected to weigh in on each product.  Grayscale's option with a ticker GBTC is first, with a final deadline of January 1, 2024. Bitwise should wait until January 14 (at latest), whereas BlackRock, VanEck, WisdomTree, Fidelity, and... read More

Spain's Tax Watch: Citizens Must Report Overseas Crypto Assets by March ...

    With growing efforts to regulate the taxation of virtual assets around the world, Spain has introduced new laws requiring residents holding crypto assets on non-Spanish platforms to declare them by March 31, 2024. The Spanish Tax Administration Agency - Agencia Tributaria - unveiled form 721, a dedicated tax declaration form for virtual assets held abroad. Spanish Tax Authorities Set Threshold of $55K The latest announcement, made in the official state gazette on July 29, 2023, mandates the submission period for form 721 declarations from Jan. 1 to the end of March 2024. Both individual and corporate taxpayers are required to disclose the amount of funds stored in their foreign crypto accounts as of Dec. 31, 2023. Notably, only individuals with crypto balances exceeding 50,000 euros (approximately $55,000) are required to declare their foreign holdings. On the other hand, crypto holders using self-custodied wallets must report through the standard wealth tax form 714. The development comes seven months after reports emerged that the Spanish Tax Administration Agency intended to issue 328,000 warning notices to taxpayers in 2022. This marked a 40% increase from 2021, indicating a growing focus on enforcing tax compliance in the crypto sector, with 150,000 warnings issued in 2022 compared to 15,000 in 2021. Meanwhile, Spain’s oldest law enforcement agency  - Guardia Civil - reportedly busted a criminal group in August that was responsible for a massive crypto scam, d... read More

Robert Kiyosaki: Fiat Money Isn't Safe, Investors Must Protect Themselve...

    Rich Dad Poor Dad author Robert Kiyosaki has cautioned that fiat money is not safe, emphasizing that central banks are buying gold to save themselves. He urged investors to safeguard themselves against central bankers and reiterated his advice to invest in gold, silver, and bitcoin.Is Fiat Money Safe? Robert Kiyosaki Says 'Hell No' The author of Rich Dad Poor Dad, Robert Kiyosaki, has urged investors to protect themselves from central bankers, emphasizing that fiat money is not safe. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries. The famous author wrote on X Saturday: Central banks like Fed are buying gold. Does this mean fiat money is safe? Hell no! 'Central bankers are saving themselves from their own incompetence, that's why they buy gold. Their job is to protect the banks not you. Get smart. Protect yourself from central bankers: Save gold, silver, bitcoin,' Kiyosaki advised. Central banks around the world maintained their appetite for gold in the third quarter, with purchases totaling 337 metric tons, according to the World Gold Council. This surge in buying has propelled year-to-date purchases to a record high of 800 metric tons. Kiyosaki has consistently issued warnings regarding fiat currencies, referring to them as 'fake money.' In contrast, he calls gold and s... read More

SEC Chair Gensler: Anybody Wanting to Be in Crypto Must 'Do It Within th...

    U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that anyone wanting to be in crypto must 'do it within the law.' He advised crypto trading platforms to 'Build the trust of investors' in what they are doing, cautioning that they must ensure they are not commingling functions, trading against their customers, or using users' crypto assets for their own purposes.Gensler's Warning to Crypto Industry The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, discussed crypto regulations in an interview with CNBC on the sidelines of DC Fintech Week Wednesday. Regarding FTX, he said the collapsed crypto exchange could be revived under new leadership provided they fully comply with the laws. Gensler stressed: “We would never let the New York Stock Exchange also operate a hedge fund and trade against their members or trade against customers in the market.' Referencing Tom Farly, a former president of the New York Stock Exchange who recently launched his own digital asset exchange, Gensler said: 'If Tom or anybody else wanted to be in this field, I would say, ‘Do it within the law.'' The SEC chairman advised: Build the trust of investors in what you’re doing and ensure that you’re doing the proper disclosures — and also that you’re not commingling all these functions, trading against your customers. Or using their crypto assets for your own purposes. Gensler emphasized that existing securities laws... read More

ETH Must Hold This Level to Prevent a Massive Crash (Ethereum Price Anal...

    Ethereum's price action has been relatively bearish in recent months, breaking below multiple support levels. However, investors can still be hopeful that an upward movement may be on the horizon. Technical Analysis By Edris The Daily Chart As depicted on the daily timeframe, the price recently tested the $1,750 resistance level but failed to break above it and was rejected to the downside. The 50-day moving average, located around the $1,650 mark, is currently providing support and preventing a further decline to the $1,550 support level. However, if both the moving average and the mentioned support level are breached, the situation could deteriorate rapidly, with the price potentially dropping to $1,400 or even lower. Nevertheless, as long as these levels hold, there is a possibility of a rally toward the 200-day moving average, which is near the $1,800 level. A breakout above the 200-day MA would signal a bullish market shift in the mid-term. Source: TradingView The 4-Hour Chart On the 4-hour chart, the price is in a critical area. After a recent bullish breakout from a large falling wedge pattern, the price tested and was rejected at the $1,750 resistance level. It is currently hovering around the $1,650 short-term support zone. If this level holds, the price is likely to initiate a new rally and potentially break above $1,750, aiming for the $2,000 level in the coming months. Source: TradingView On-Chain Analysis By Edris Ethereum's price has been moving sideways, provid... read More

Here's The Level Bitcoin Must Conquer If Rally Has To Return

    Here's the level, according to on-chain data, that Bitcoin might have to conquer if the rally has to make a real comeback. Bitcoin Is Currently Near Short-Term Holder Cost Basis In a new post on X, analyst Root shared a chart revealing that the BTC price has recently been retesting the short-term holders' cost basis or the realized price (STHs). The 'realized price' here measures the average price at which Bitcoin investors acquired their coins. When the spot price is trading above this indicator, the holders are in a state of profit right now, while below the metric implies the market is in loss. This realized price is for the entire investor base but can be defined only for specific segments. In the context of the current discussion, the holder group of interest is the 'short-term holders' (STHs). The STHs include all investors who purchased their coins less than 155 days ago. Their average cost basis should, thus, lie inside the price range of the past five months. Here is a chart that shows how the realized price of the Bitcoin STHs has changed over the past few years: As displayed in the above graph, Bitcoin briefly broke above the STH realized price during the latest rally above the $28,000 level. Still, with the pullback, the cryptocurrency has plunged under the metric again. The STH cost basis has been historically important for the asset, as breaks above the level generally mean bullish winds. At the same time, plunges under have often brought with them bearish mo... read More

Protocols Must Deploy 'Asymmetric Countermeasures' to Counter Code Vulne...

    While both attackers and smart contract auditors are motivated to find vulnerabilities in code, according to Eyal Meron, the co-founder and CEO of Spherex, the former 'is always more incentivized as the protocol's total value locked (TVL) grows.' To overcome this challenge, Meron told News that decentralized protocols will need to put in place what he called 'asymmetric countermeasures.'Human Error and Smart Contract Vulnerabilities The Spherex boss also suggested deploying an exploit prevention solution as another way protocols can prevent attackers from using errors in code to steal digital assets worth millions. Meron, a senior veteran of the elite Israeli 8200 cyber unit, nevertheless admits that most smart contract vulnerabilities are often the result of human error which in many cases is 'inevitable.' One common error, which according to Meron is almost impossible to detect, often occurs when developers 'overlook how every code line affects the contract depending on the different states it might be in.' It is these errors that criminals often take advantage of before successfully siphoning digital assets worth millions of dollars. Many players in the Web3 space including Meron insist that when users lose funds through such incidents the entire industry suffers. Meanwhile, in his written answers sent to News, Spherex's chief product officer Ariel Tempelhof touched on how the collaboration between blockchains and onchain security providers can help... read More

5 Things You Must Know About Luiz Góes

    Luiz Góes is undeniably a standout figure in the Brazilian business landscape and has made a resounding impact in the global realms of finance and cryptocurrency. Serving as the CEO of LFi, a prominent fintech company, Góes has not only established himself as a prominent leader but has also garnered a reputation for innovation and forward-thinking strategies within the fintech sector. At the forefront of Luiz Góes' identity is his role as a visionary in the fintech industry. With a keen eye for emerging trends and technological advancements, he has consistently pushed the boundaries of traditional finance, leading LFi towards innovative solutions aimed at disrupting the fintech world. The influential Brazilian businessman has had an inspirational journey to the top. But here are five key facts about Luiz Góes that you need to know: A Diverse Career Path Luiz Góes's career journey is marked by diversity and versatility. With a background in Military Sciences from the prestigious Academia Militar das Agulhas Negras, he possesses a unique blend of discipline and strategic thinking. He further honed his skills by obtaining an MBA in Public Management, demonstrating his commitment to continuous learning and professional growth. Pioneering LGbank In 2020, Góes founded LGbank, a groundbreaking crypto bank situated in Brazil. LGbank set its sights on facilitating tokenization projects through crowdfunding, ushering in a new era of financial ... read More

This is the Crucial Level SHIB Must Break to Turn Bullish: Shiba Inu Pri...

    Shiba Inu's native token has been demonstrating bearish price action over the past few weeks since getting rejected at a critical resistance level. Yet, a more severe decline may still occur in the short term. Technical Analysis By Edris The SHIB/USDT Chart On the USDT-paired chart, the price has been rejected from the $0.000011 resistance level, leading to an impulsive drop below the 50-day and the 200-day moving averages located around the $0.0000085 and $0.0000095 levels, respectively. The 50-day moving average is currently driving the price down, preventing a possible recovery. If SHIB fails to climb above the mentioned moving average's resistance line, it will likely target the significant $0.000006 support zone in the next few weeks. The SHIB/BTC Chart Looking at the Bitcoin pair chart, things are quite similar. The price has been rejected from the 0.035 SAT resistance level and has decreased since. The 50-day moving average currently provides support around the 0.03 SAT mark, and it could initiate a rally and retest of the 0.035 SAT if it holds. On the other hand, a bearish breakout could result in a drop toward the 0.024 SAT zone, which could be the investors’ last resort. The post This is the Crucial Level SHIB Must Break to Turn Bullish: Shiba Inu Price Analysis appeared first on CryptoPotato. read More

SBF Trial May Request Trial Postponement, Must Do So By Next Week

    Since his bail was revoked, Sam Bankman-Fried has been pleading for everything between “temporary” re-release, more computers, and more time to review the prosecution’s evidence. FTX’s current defense strategy is to claim he acted in good faith, taking the advice of FTX’s legal team. Naturally, this would imply a lack of knowledge regarding the misdeeds committed during his tenure as CEO and, therefore, a need to review millions of pages of documents. However, Judge Kaplan seems to have grown tired of requests for release and has set a deadline for any requests concerning the postponement of a trial. Request Must Have Substance A key factor in the defense’s requests is that the US government allegedly dumped four million pages of documents a mere six weeks before SBF’s trial. This narrative has been rejected by Judge Kaplan, who retorted that although the Slack messages sent by Gary Wang and others are indeed new, an extensive list of documents added as evidence is from SBF’s own Google Docs storage, which he could have reviewed at any time in the past. Furthermore, Judge Kaplan reinforced his stance concerning the addition of new evidence, stating the US government had laid out from the beginning that new evidence would be added to case files as available. Judge Kaplan: I'm not going to be precluding any of them [from use at trial.] In the defense's letter of Aug 28, the accusations of broken promises are not at all accurate. ... read More

DYDX Is Up By 11% In A Week, But Investors Must Watch Out For This Event

    DYDX, the native token of a decentralized exchange (DEX) with the same name, has been on a good run in the past few days. According to CoinGecko data, the cryptocurrency’s price jumped by 10.7% in the past week, reflecting a positive performance after an unfavorable start to August. However, there has been rising concern that this spurt of bullish momentum may be short-lived. And the upcoming token unlock event is the primary source of this skepticism. dYdX To Unlock $13.8 Million Worth Of Token In Single Event Token unlock events are not a strange phenomenon in the cryptocurrency space, as many blockchain networks and decentralized finance (DeFi) protocols have a portion of their token supply locked - to be released periodically. DYDX is one of those tokens with a locked supply and its next token unlock event is happening on Tuesday, August 29. In the latest iteration, the decentralized exchange will unlock $13.82 million worth of its native token to be distributed to its community treasury and rewards for liquidity providers and traders, according to data from Token Unlocks. The token tracking dashboard shows that the DEX will release 6.52 million DYDX tokens, which accounts for 3.76% of the token’s current circulating supply.  Breaking this figure down, 2.49 million tokens - equivalent to $5.279 million at the current market price  - will be allocated to the community treasury, which funds contributor grants, community initiatives, liquidity mining, ... read More

BTC Must Hold this Level, Otherwise $25K Breakdown is Likely (Bitcoin Pr...

    Bitcoin's price shows a very low intent to recover following the recent drop last week. Things are not looking positive in the short term. Technical Analysis By Edris The Daily Chart On the daily chart, the price has been consolidating inside a tight range over the last few days, following a massive drop from the $30K critical resistance zone. The 200-day moving average has also been broken to the downside, which is a clear bearish trend signal. Yet, considering the oversold signal demonstrated by the RSI, the price will probably retrace higher in the short term. A retest of the 200-day moving average is highly likely, and if the price fails to climb above it, a deeper decline could be expected in the coming weeks with a potential drop back towards the key $20K support level. The 4-Hour Chart Looking at the 4-hour timeframe, it is evident that the price has been ranging between the $27,500 and the $25,000 levels over the last few days. If the market climbs above the $27,500 resistance level in the next few weeks, the significant $30K zone will likely be tested again. However, judging by the overall market structure, a further bearish continuation would be highly probable if the $25K level fails to hold. On-Chain Analysis By: Edris Bitcoin Short-Term Holder SOPR Bitcoin's price recently experienced a crash after failing to break above the key $30K area. There is a fear that the bear market is far from its end. The following chart represents the short-term holder spent output... read More

Binance In Murky Waters? Analyst Explains Why BNB Must Stay Above This P...

    The last few days have been eventful for the crypto market following a major crash on Thursday that resulted in the loss of $1 billion in market cap. In another unnerving development, it appears that Binance, the world’s largest exchange, may be in some form of trouble as a crypto analyst shares some insight on the company. Binance To Record Heavy Losses If BNB Trades Below $212, Analyst Says According to an X post on Friday, a crypto analyst with the name MartyParty painted a rather gloomy picture for Binance and its 150 million users. The analyst began by stating there was a reason the Binance Coin (BNB) is yet to fall below $212.  After Bitcoin tumbled on Thursday, BNB, like most cryptocurrencies, also plummeted in value, falling from $231.85 to $215.02. Although the token did attempt a market rebound on Friday, it soon fell again but found support at the $214 price zone.  There is a reason $BNB has not dropped below $212. Binance has a $BNB backed loan liquidating at $212 down from $220 after margin was added in June. Rationale: - @cz_binance is in self preservation mode selling BTC from the bc1qm34lsc65zpw79lxes69zkqmk6ee3ewf0j77s3h wallet… — MartyParty (@martypartymusic) August 18, 2023 MartyParty believes there is a reason why BNB is gaining support at these levels away from the $212 price mark. According to the analyst, the Binance exchange has a BNB-backed loan set to liquidate at $212.  Initially, the ... read More

UK Judge Rules Craig Wright Must Pay $516K to Proceed with Lawsuit Again...

    Craig Wright is not someone to stay out of the spotlight for a long time. In the latest development, the self-proclaimed Bitcoin creator was ordered to pay approximately $516,000 (400,000 British pounds) in security covering legal costs to pursue claims against crypto exchanges Coinbase and Kraken. The lawsuit against Coinbase and Kraken's parent company Payward was brought by Wright last May for several hundred billion pounds in damages, claiming that only he has the right to use the Bitcoin brand. UK Order In a judgment issued on Tuesday, James Mellor, a judge presiding over the England and Wales High Court, expressed skepticism about Wright's ability to cover his legal expenses. This doubt arose from statements provided by the Australian scientist regarding his financial status to the US court proceedings involving former business partner Ira Kleiman. Mellor revisited Wright's previous assertions of being financially 'untouchable.' Despite the evidence presented, the judge remains unconvinced of Wright's capacity to afford the legal costs. The judge added that the evidence presented an 'obscure picture' about which individuals or entities owned which Bitcoin assets Wright had easy access. 'I was not satisfied by the evidence from the Cs filed in support of the contention that C2 was resident in the UK or that (assuming such residence) it has any degree of permanence. The nature of whatever business C2 has conducted or does conduct was also obscure.' In addition to ordering... read More

Report: Zimbabwean Economist Says Portion of Goverment Employees' Salari...

    A Zimbabwean economist has said authorities should consider paying a portion of government employees' salaries with gold coins. The economist said partially paying government workers with gold coins can 'help curtail the black market dominance' in the country's currency market. Dollar Shortages and Rising Inflation A Zimbabwean economist, George Nhepera, has urged authorities in the Southern African nation to consider paying a portion of government workers’ salaries with gold coins. According to the economist, paying part of the workers’ salaries with gold coins can 'help curtail the black market dominance' in the country's currency market. Nhepera’s call for measures to cushion government workers with gold coins follows the local currency’s sharp depreciation in June. The currency's plunge on the parallel market is reported to have sparked a wave of steep price hikes which eroded the purchasing power of salaries denominated in local currency. While workers have in some cases demanded to be paid in U.S. dollars, Zimbabwean authorities insist that the country does not have enough greenbacks and therefore this may not be a sustainable option. The government's reluctance to pay workers with U.S. dollars coupled with rising inflation has now prompted experts like Nhepera to suggest alternatives that the Zimbabwean government can choose. Analyst: Calls for Gold Coin Denominated Salaries Must Be Rejected In remarks published by the Chronicle, Nhepera, who i... read More

Crypto Exchanges in South Africa Must be Licensed By November 30, Says R...

    South Africa's financial regulator has asked exchanges operating in the country to obtain a license before the end of 2023. Crypto firms who fail to adhere to the directive before the deadline could be fined or have their businesses closed down by authorities. New Licensing Regime in South Africa The Financial Sector Conduct Authority (FSCA) has required crypto exchanges in South Africa to secure a license before the November 30 deadline. According to FSCA Commissioner Unathi Kamlana, about 20 firms have applied since the watchdog first opened the licensing process a few weeks ago, while expecting more companies to file an application before the deadline. In October 2022, the FSCA declared crypto a financial product after a declaration proposal in November 2022 and a consultation on the draft regulation. Also, the publication of the final declaration mentioned that crypto exchanges in South Africa must be licensed by the end of 2023. Defaulters could be fined 10 million rands ($536,387), face 10 years in prison, or suffer both consequences. While the FSCA proposed a four-month window for crypto businesses to submit their license applications, some commentators believed the time frame was insufficient, with some comments suggesting six months and another two years. The financial watchdog, in response, extended the license application period to six months in the final declaration, stating that it was not necessary and unjustified. South Africa's High-Profile Crypto Scams The So... read More

What is a Meme Coin? The Biggest Meme Coins You Must Know About

    Meme coins have made a massive impact on the cryptocurrency market and have become an inseparable part of it. It’s perhaps safe to say that Dogecoin was the one meme coin that gave birth to a movement that would later grow to a multi-billion market with a community as passionate as none other. Dogecoin is no longer the only meme coin worth looking into, as the likes of Shiba Inu (SHIB) have also taken center stage. The following takes an in-depth look at meme coins, what they are, how they differ from regular cryptocurrencies, which are the largest meme coins, and some of the most frequently asked questions about them. So buckle up, and let’s dive in. What is a Meme Coin? First things first, a meme coin is a type of cryptocurrency - a subsection of the industry of sorts. In essence, a meme coin is a cryptocurrency that originated from some sort of internet meme or has another humorous characteristic. All meme coins are cryptocurrencies, but not all cryptocurrencies are meme coins. The above rule of thumb is a good starting point, but it’s also very generalized. That said, as the name suggests, a meme coin has some sort of meme culture embedded into its overall design. Some teams are even incorporating memes into the technical design of their token. For example, they would make it so that the maximum supply is 420 billion tokens or 69 billion tokens - all based on the meme numbers 4:20 and 69, for example. Some of the more popular examples include Dogecoin (... read More

How to Prepare for the Next Bitcoin Bull Market: 10 Tips You Must Know

    Bitcoin bull markets are typically categorized by tremendous price swings, and even though the direction is up, corrections also take place. During the last Bitcoin bull market that took place in 2021, the BTC price reached an all-time high just shy of $70K. It started the year trading at around $20K, exploded above $60K on a couple of different occasions, retraced by almost 50% toward the middle of the year, and shot up once again to almost touch $70K in November. Source: CoinGecko The previous bull market was back in 2017 and the beginning of 2018. Bitcoin had reached a high of around $20,000, but its chart looked a lot differently: Source: CoinGecko As you can see, each cycle has its own intricacies, and playing it correctly could make or break your bankroll. Riding an uptrend can be a lot more challenging than just holding on to your assets. There’s knowledge involved as to when is the right moment to sell or reposition yourself to bets preserve your gains. The last thing you want is to be left holding a bag of an altcoin that’s down 99% since its all-time high and pray that it will go there once again. With this in mind, we’ve prepared 10 tips that everyone should know, and they should help you to better navigate the next Bitcoin bull market. 10 Tips For the Next Bitcoin Bull Market Educate Yourself Regardless of what you invest in, gaining sound knowledge of its underlying merits is step number one in any investor’s playbook. You absolutely must ... read More

Ripple Explodes 11% Weekly But Bulls Must Now Focus on This Resistance (...

    In recent weeks, Ripple's price has displayed an upward trend, recovering from a notable support level. However, there is still a crucial resistance level that must fall for the market to enter a bullish phase in the coming months. Technical AnalysisBy: Edris XRP/USDT Daily Chart: The XRP price has consistently increased after bouncing back from the $0.43 support. This level has also been reinforced by the 200-day moving average, while the price has surpassed the 50-day moving average at around $0.47. Ripple is currently approaching the $0.6 resistance level, and a successful breakthrough could trigger a potential rally toward $0.9 in the coming months. However, it's worth noting that the RSI has entered the overbought zone, indicating a potential correction in the near future. Source: TradingView XRP/BTC Daily Chart Looking at the BTC paired chart, there is a notable upward trend after the price successfully broke out of the significant descending channel. The 0.000017 SAT and 0.000019 SAT levels, representing the 50-day and 200-day moving averages, respectively, have both been surpassed, indicating positive momentum. Currently, the Ripple price is approaching the psychological resistance level at 0.00002 SAT. However, it is important to note that the RSI indicator is signaling overbought conditions, implying a potential correction in the near term prior to any further upward movement. Source: TradingView The post Ripple Explodes 11% Weekly But Bulls Must Now Focus on This R... read More

South Korean Politicians Must Report Their Bitcoin Holdings Under New La...

    South Korea’s National Assembly has officially passed a bill into law requiring lawmakers and high-ranking government officials to disclose their crypto asset holdings.  The new law is a response to a recent scandal involving a politician allegedly violating campaign finance laws using cryptocurrency.  The “Kim Nam-guk Prevention Law” According to a report from local news agency News1, the relevant amendments to the National Assembly Act and Public Service Ethics Act passed unanimously on May 22 among all lawmakers present for each, with 269 votes and 268 votes respectively.  The National Assembly Act amendment puts cryptocurrency on the list of lawmakers’ registered properties and “private interests.” Meanwhile, the amendment to the Public Officials Ethics Act passed the Public Administration and Security Committee on the same day, making both high-ranking officials and National Assembly members need to register their holdings.  The bill was originally scheduled for implementation in December but was fast-tracked to this month after the conservative People Power Party’s newly elected leader, Rep. Yun Jae-ok, said the previous date was “too late.” “Given the current high level of public interest, especially regarding lawmakers, it’s not appropriate to enforce the law six months later after the promulgation,” said the party leader last week, while proposing a fast-tracked version of the... read More

French President Emmanuel Macron States Europe Must Reduce Its Dependenc...

    Emmanuel Macron, president of France, clarified his position on the future of Europe and its relations with China and the U.S. in the short term. Returning from his visit to Beijing, Macron believes that Europe should avoid getting caught up in a conflict between the U.S. and China, and reduce its reliance on the U.S. dollar to avoid becoming 'vassals,' applying his concept of 'strategic autonomy.' Emmanuel Macron Believes Europe Should Remain Autonomous Regarding U.S. and China French President Emmanuel Macron recently revealed his stance on the current geopolitical and macroeconomic issues Europe is facing, standing in the middle of the Russia-Ukraine war and a possible Taiwan conflict. At his return from a three-day visit to China, where he met with Chinese President Xi Jinping, Macron stated that Europe commonly gets caught in third-party affairs that affect its possibilities of developing 'strategic autonomy.' Macron also noted that this behavior of the European Union bloc is reducing it to be considered mere backers of the U.S. On this, he told Politico: The paradox would be that, overcome with panic, we believe we are just America’s followers. As part of his 'strategic autonomy' determination, Macron acknowledged Europe had no possibility of influencing the future of a possible conflict in Taiwan, and that any attempt to do so would only increase the tensions between the parties. Analysts believe that the doctrine of strategic autonomy has to do more wi... read More

Crypto Exchanges Must Share User Data With Russia, Prosecutor General De...

    Digital asset exchanges must be obliged to provide user information to Russia’s law enforcement agencies, the country’s Prosecutor General has insisted. The circulation of cryptocurrencies in the Russian Federation needs to be regulated to counter money laundering, the official added.Cryptocurrency Exchanges Have to Report to Russian Authorities, Chief Prosecutor Says Crypto service providers should be required to register in Russia and exchanges obliged to share information about their users with Russian security services, according to the head of the nation’s Prosecutor General’s Office, Igor Krasnov. He also believes that merely granting cryptocurrencies property status under Russian law is not sufficient to fight the legalization of criminal proceeds. Krasnov urged for their regulation in order to address the challenges posed by their use for illicit purposes. Quoted by the “Financial Security” magazine published by Russia’s financial watchdog, Rosfinmonitoring, the top prosecutor further explained that the difficult geopolitical situation increases the risks of exploiting vulnerabilities associated with digital assets. Igor Krasnov also called for adding cryptocurrencies to the Russian criminal law, including recognizing that they can be the subject of crime and encroachment as well as establishing procedures for their seizure, storage, and confiscation by the state. Crypto assets and related transactions are yet to be comprehen... read More

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