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Nigeria SEC: Be cautious and open to the supervision of Bitcoin and be willing to actively explore relevant frameworks
On August 12, according to BeInCrypto, Momotimi Agama, director of the Nigerian Securities and Exchange Commission (SEC), said that the agency is cautious and open to the regulation of Bitcoin and is willing to actively explore relevant frameworks. Agama stressed that the SEC still focuses on investor protection and market integrity maintenance. The regulator is committed to helping people understand the concept of cryptocurrencies and guide them on how to trade digital assets correctly. In addition, strict measures will be taken against companies or individuals who do not comply with the SEC regulations. Previously, Nigeria detained and accused Binance executive Tigran Gambaryan of violating anti-money laundering laws.
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On August 12, according to BeInCrypto, Momotimi Agama, director of the Nigerian Securities and Exchange Commission (SEC), said that the agency is cautious and open to the regulation of Bitcoin and is willing to actively explore relevant frameworks. Agama stressed that the SEC still focuses on investor protection and market integrity maintenance. The regulator is committed to helping people understand the concept of cryptocurrencies and guide them on how to trade digital assets correctly. In addition, strict measures will be taken against companies or individuals who do not comply with the SEC regulations. Previously, Nigeria detained and accused Binance executive Tigran Gambaryan of violating anti-money laundering laws.
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Former U.S. Treasury Secretary: No need for an emergency rate cut, but a 50 basis point rate cut in September may be appropriate
On August 12, former U.S. Treasury Secretary Summers warned that any president's influence on U.S. monetary policy making would ultimately harm the economy. He pointed out that government officials "always want to print more money and lower interest rates - step on the accelerator hard to boost the economy." This pressure raises expectations of inflation and pushes up long-term interest rates. He believes that such actions by government officials will only "increase inflation without substantial output growth.
On August 12, former U.S. Treasury Secretary Summers warned that any president's influence on U.S. monetary policy making would ultimately harm the economy. He pointed out that government officials "always want to print more money and lower interest rates - step on the accelerator hard to boost the economy." This pressure raises expectations of inflation and pushes up long-term interest rates. He believes that such actions by government officials will only "increase inflation without substantial output growth.
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Binance: Venezuelan users' access to the platform is restricted
Binance posted in X that Binance's Venezuelan users encountered difficulties in accessing the website. Binance said: "Like many websites of companies in different fields such as Venezuelan social media, Binance's pages also face access restrictions." The company said that it was "paying close attention to the developments and solving the problem in the best and fastest way possible", and said that the user's funds had been protected by the "SAFU" (User Security Asset Fund). According to the human rights organization VE sin Filtro, CANTV, the country's state-owned telephone and Internet service provider, is blocking the services of Amazon CloudFront, causing a large number of network congestion. Earlier, Venezuelan President Nicolas Maduro announced on Thursday that he would block the X system for 10 days to "end the network's plans to spread violence, hatred and attack Venezuela from abroad." Subsequently, the Venezuelan government adopted the above-mentioned restrictions.
Binance posted in X that Binance's Venezuelan users encountered difficulties in accessing the website. Binance said: "Like many websites of companies in different fields such as Venezuelan social media, Binance's pages also face access restrictions." The company said that it was "paying close attention to the developments and solving the problem in the best and fastest way possible", and said that the user's funds had been protected by the "SAFU" (User Security Asset Fund). According to the human rights organization VE sin Filtro, CANTV, the country's state-owned telephone and Internet service provider, is blocking the services of Amazon CloudFront, causing a large number of network congestion. Earlier, Venezuelan President Nicolas Maduro announced on Thursday that he would block the X system for 10 days to "end the network's plans to spread violence, hatred and attack Venezuela from abroad." Subsequently, the Venezuelan government adopted the above-mentioned restrictions.
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#BitcoinCash has seen an unsuccessful breakout of the bearish channel on the daily time frame, followed by a sharp price drop.
#BCH dropped for the second time to the demand level of $285.0-295.0 and then recovered.
Now, with the price reaching the ceiling of the descending channel, there is a possibility of crossing the $400.0 resistance.
But if this time the price cannot cross the dynamic resistance, we will see a fall back to the support level.
#BCH dropped for the second time to the demand level of $285.0-295.0 and then recovered.
Now, with the price reaching the ceiling of the descending channel, there is a possibility of crossing the $400.0 resistance.
But if this time the price cannot cross the dynamic resistance, we will see a fall back to the support level.
Founder of DeFiance Capital: DeFi sector is expected to rebound strongly in the new interest rate cycle
On August 13, Arthur Cheong, founder and CEO of DeFiance Capital, said on his social platform that DeFi, as the sector that best meets market demand in the cryptocurrency field, has recently reached its lowest point in three years relative to the total market value of global cryptocurrencies. I expect this to bottom out in the next few months and rebound strongly when entering a new interest rate cycle.
On August 13, Arthur Cheong, founder and CEO of DeFiance Capital, said on his social platform that DeFi, as the sector that best meets market demand in the cryptocurrency field, has recently reached its lowest point in three years relative to the total market value of global cryptocurrencies. I expect this to bottom out in the next few months and rebound strongly when entering a new interest rate cycle.
After breaking the dynamic support and reaching the resistance level of $4.800-$5.900 dollars, #UNFI fell to the support level of $2.500-$3.000 , in the current scenario, we can expect the price to return to the ceiling of the descending channel.
if #UNFIUSDT fails to bounce back from this zone The next level we’re watching is $1.500. Historically, this has been a stronghold for UNFI , with a high probability of a rebound.
However, the stakes are high. If UNFI breaks below these key support levels, we might see the bears seize control, leading to a potential bearish continuation.
if #UNFIUSDT fails to bounce back from this zone The next level we’re watching is $1.500. Historically, this has been a stronghold for UNFI , with a high probability of a rebound.
However, the stakes are high. If UNFI breaks below these key support levels, we might see the bears seize control, leading to a potential bearish continuation.
Windows exposes another serious security vulnerability, which can be invaded through IPV6 without user authentication
On August 14, Microsoft officially disclosed that a serious security vulnerability was recently exposed in the Windows system, numbered CVE-2024 -38063, which affects all supported Windows versions, including Windows 11, Windows 10, and multiple versions of Windows Server. The CVSS3.1 score of the vulnerability is 9.8, which is an "important" level. Attackers can remotely invade devices through specially crafted IPv6 packets and execute arbitrary code. The vulnerability exists in the TCP/IP network stack of Windows and is a serious remote code execution vulnerability. Attackers can trigger the vulnerability and remotely execute code by repeatedly sending specially crafted IPv6 packets to Windows devices without user interaction or authentication
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On August 14, Microsoft officially disclosed that a serious security vulnerability was recently exposed in the Windows system, numbered CVE-2024 -38063, which affects all supported Windows versions, including Windows 11, Windows 10, and multiple versions of Windows Server. The CVSS3.1 score of the vulnerability is 9.8, which is an "important" level. Attackers can remotely invade devices through specially crafted IPv6 packets and execute arbitrary code. The vulnerability exists in the TCP/IP network stack of Windows and is a serious remote code execution vulnerability. Attackers can trigger the vulnerability and remotely execute code by repeatedly sending specially crafted IPv6 packets to Windows devices without user interaction or authentication
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After falling from the support level of $500.0, #BinanceCoin reached the support level of $400.0 and recovered and is now trading above both levels.
As you can see in the chart, a dynamic resistance still prevents #BNBUSDT growth, so in the first step, crossing and breaking this resistance can be a sign of the continuation of the upward trend in the daily time frame.
So far, BNBUSDT has hit the dynamic resistance 2 times and failed to break it, these collisions may reach up to 5 times and then the price will start to grow. The current price movement scenario is between the $400.0 support and the dynamic resistance.
As you can see in the chart, a dynamic resistance still prevents #BNBUSDT growth, so in the first step, crossing and breaking this resistance can be a sign of the continuation of the upward trend in the daily time frame.
So far, BNBUSDT has hit the dynamic resistance 2 times and failed to break it, these collisions may reach up to 5 times and then the price will start to grow. The current price movement scenario is between the $400.0 support and the dynamic resistance.
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#AR is currently trading within a descending channel, but it’s nearing a key demand zone that could ignite a significant move. We’re eyeing a potential bullish breakout from this pattern.
ARUSDT has been sticking to a descending resistance line, but the price is inching closer to a crucial demand level at $16.50–$14.50. This zone could be a game-changer. If the price taps into this level and gains momentum, a bullish breakout could be on the horizon.
If #AR fails to sustain momentum and gets rejected at the supply area, the price could pull back. A bullish rebound might occur from the lower strong support at $11.50.
ARUSDT has been sticking to a descending resistance line, but the price is inching closer to a crucial demand level at $16.50–$14.50. This zone could be a game-changer. If the price taps into this level and gains momentum, a bullish breakout could be on the horizon.
If #AR fails to sustain momentum and gets rejected at the supply area, the price could pull back. A bullish rebound might occur from the lower strong support at $11.50.
🇹🇷 Fight breaks out in Turkish Parliament
WWE in Turkish parliament😂 🤣
WWE in Turkish parliament
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#COTIUSDT is currently compressed between the falling wedge's trend lines, and we're expecting a bullish breakout soon.
But if #COTI gets rejected by the upper trend line of the falling wedge We might see a retest of $0.05500 -0.06200 .
However, should COTI fail to rebound from $0.05500 , the next critical level to watch is the lower support at $0.036. The probability of a rebound from this level is significantly higher.
But if #COTI gets rejected by the upper trend line of the falling wedge We might see a retest of $0.05500 -0.06200 .
However, should COTI fail to rebound from $0.05500 , the next critical level to watch is the lower support at $0.036. The probability of a rebound from this level is significantly higher.
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She became a doctor to save others, who saved her?? I'm losing hope in humanity
We want justice for Dr #Moumita
We want justice for Dr #Moumita
The key level to watch right now is the $0.0460 support zone, where bullish momentum is building. If this support holds, we could see a strong bullish push towards the next resistance levels.
Should #HBARUSDT maintain its upward momentum, we’re eyeing potential targets at resistance levels above. This could be the start of a significant rally, so keep a close watch on those price levels.
But we always prepare for all scenarios. If #HBAR fails to hold the $0.0400support and breaks below it, we might see a pullback to the lower 0.035 level.
Should #HBARUSDT maintain its upward momentum, we’re eyeing potential targets at resistance levels above. This could be the start of a significant rally, so keep a close watch on those price levels.
But we always prepare for all scenarios. If #HBAR fails to hold the $0.0400support and breaks below it, we might see a pullback to the lower 0.035 level.