Bitcoin Price Analysis: BTC Bulls Aim Fresh Uptrend
Bitcoin price is showing positive signs above $28,000 against the US Dollar. BTC might correct lower but dips could be limited below the $27,400 zone.
Bitcoin Price AnalysisBitcoin price started a steady increase from the $25,000 support zone. The price gained and cleared many hurdles near the $26,500 and $27,000 levels.
There was a clear move above the $27,500 level and the 55 simple moving average (4 hours). The price even rallied above the $28,000 resistance zone. However, the bears were active near the $29,000 zone. A high was formed near $29,050 and the price is now consolidating gains.
Bitcoin price is showing positive signs above $28,000 against the US Dollar. BTC might correct lower but dips could be limited below the $27,400 zone.
Bitcoin Price AnalysisBitcoin price started a steady increase from the $25,000 support zone. The price gained and cleared many hurdles near the $26,500 and $27,000 levels.
There was a clear move above the $27,500 level and the 55 simple moving average (4 hours). The price even rallied above the $28,000 resistance zone. However, the bears were active near the $29,000 zone. A high was formed near $29,050 and the price is now consolidating gains.
Crypto Firms Face Turmoil as Prime Trust Fallout Causes Service Disruptions and Concerns
After the Bitgo acquisition deal to purchase Prime Trust fell through, it seems that crypto firms that have worked with the custodian are experiencing problems. On Thursday, Seattle-based fintech startup Stably announced the need to “temporarily pause” certain services and operations. According to reports, the bitcoin payments platform, Strike, is also encountering difficulties and has purportedly suspended direct deposits.
Stably to Halt Services, Customer Email Shows Prime Trust Issues May Be Giving Strike a HeadacheThe cryptocurrency custodian, Prime Trust, has become a subject of widespread discussion on crypto forums and social media on June 22. Reports revealed that Prime Trust has suspended withdrawals and deposits, a fact confirmed by customers who utilized the services of Prime Trust. Seattle-based crypto firm Stably shared this information through a blog post. In a letter from Prime Trust, it was stated that the firm received an order from the Nevada Financial Institution Division, and it expressed hope to “return to business as usual as soon as possible.”
The Prime Trust situation should be a lesson that your bitcoin is not “safe” on any 3rd party custodian, even if it’s one that plebs tell you is fine b/c “all your sats are in a trust account w/your name on it”
After the Bitgo acquisition deal to purchase Prime Trust fell through, it seems that crypto firms that have worked with the custodian are experiencing problems. On Thursday, Seattle-based fintech startup Stably announced the need to “temporarily pause” certain services and operations. According to reports, the bitcoin payments platform, Strike, is also encountering difficulties and has purportedly suspended direct deposits.
Stably to Halt Services, Customer Email Shows Prime Trust Issues May Be Giving Strike a HeadacheThe cryptocurrency custodian, Prime Trust, has become a subject of widespread discussion on crypto forums and social media on June 22. Reports revealed that Prime Trust has suspended withdrawals and deposits, a fact confirmed by customers who utilized the services of Prime Trust. Seattle-based crypto firm Stably shared this information through a blog post. In a letter from Prime Trust, it was stated that the firm received an order from the Nevada Financial Institution Division, and it expressed hope to “return to business as usual as soon as possible.”
The Prime Trust situation should be a lesson that your bitcoin is not “safe” on any 3rd party custodian, even if it’s one that plebs tell you is fine b/c “all your sats are in a trust account w/your name on it”
Over 10,000 South African Retail Outlets Now Accept Momint Crypto Vouchers
Momint, a Web3 marketplace app, has said South African residents can now use cryptocurrency to purchase shopping vouchers which are accepted by over 10,000 retailers. The Momint app can also be used to send cross-border remittances at a fraction of the fees charged by regular money transfer companies.
Vouchers Accepted by Popular BusinessesMomint, a Web3 marketplace, has launched a blockchain wallet which allows South African residents to purchase a shopping voucher with cryptocurrency, a report has said. Holders of the voucher can make payments at over 10,000 retail outlets across the African country.
According to a Mybroadband report, South Africa’s retail giants such as Checkers, Woolworths, Engen, and Takealot are some of the outlets that accept the Momint vouchers. The report added that the voucher is also accepted at some 5,000 international retailers.
Momint, a Web3 marketplace app, has said South African residents can now use cryptocurrency to purchase shopping vouchers which are accepted by over 10,000 retailers. The Momint app can also be used to send cross-border remittances at a fraction of the fees charged by regular money transfer companies.
Vouchers Accepted by Popular BusinessesMomint, a Web3 marketplace, has launched a blockchain wallet which allows South African residents to purchase a shopping voucher with cryptocurrency, a report has said. Holders of the voucher can make payments at over 10,000 retail outlets across the African country.
According to a Mybroadband report, South Africa’s retail giants such as Checkers, Woolworths, Engen, and Takealot are some of the outlets that accept the Momint vouchers. The report added that the voucher is also accepted at some 5,000 international retailers.
Canadian Regulator Unveils New Capital Rules For Crypto Assets
The top financial regulator in Canada has proposed new capital and liquidity guidelines for financial institutions and insurers that hold crypto assets. The new rules were drafted in response to the banking standards for crypto asset exposures released by the Basel Committee on Banking Supervision in December last year.
OSFI’s Guidelines For Crypto Are Open For Public ConsultationThe changes to capital and liquidity approach to crypto assets reflect an evolving risk environment and international developments, the Office of the Superintendent of Financial Institutions (OFSI) stated in a press release earlier today.
The new guidelines laid out details regarding the regulatory capital treatment of crypto asset exposures for federally regulated deposit-taking institutions (banks, credit unions), and insurers. The draft guidelines will remain open for public consultation till September 30, 2023.
The top financial regulator in Canada has proposed new capital and liquidity guidelines for financial institutions and insurers that hold crypto assets. The new rules were drafted in response to the banking standards for crypto asset exposures released by the Basel Committee on Banking Supervision in December last year.
OSFI’s Guidelines For Crypto Are Open For Public ConsultationThe changes to capital and liquidity approach to crypto assets reflect an evolving risk environment and international developments, the Office of the Superintendent of Financial Institutions (OFSI) stated in a press release earlier today.
The new guidelines laid out details regarding the regulatory capital treatment of crypto asset exposures for federally regulated deposit-taking institutions (banks, credit unions), and insurers. The draft guidelines will remain open for public consultation till September 30, 2023.
Awakening of a Bitcoin Giant: $30 Million in BTC Moved From Dormant Wallets After 6-Year Slumber
In 2023, multiple dormant bitcoin transactions caught the public’s attention and made headlines. Sunday night marks another significant event after a ‘sleeping bitcoin’ whale from 2017 stirred, spending an impressive 1,177.89 BTC — worth more than $30 million — from seven distinct bitcoin addresses, untouched for just over six years.
1,177 Bitcoin From 2017 Move for the First Time in Over 6 Years
In 2023, multiple dormant bitcoin transactions caught the public’s attention and made headlines. Sunday night marks another significant event after a ‘sleeping bitcoin’ whale from 2017 stirred, spending an impressive 1,177.89 BTC — worth more than $30 million — from seven distinct bitcoin addresses, untouched for just over six years.
1,177 Bitcoin From 2017 Move for the First Time in Over 6 Years
Robert Kennedy Jr. Promises to End White House War on Bitcoin — Says We Need ‘Freedom Currency’ That Government Can’t Control
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised to end the White House’s war on bitcoin if he is elected President of the United States. “I’m going to make sure that bitcoin is protected, that people can keep their own wallets, that the current White House war on bitcoin will be over, that transactions will be protected and encouraged,” said the presidential hopeful.
RFK Jr.’s Bitcoin PromisesU.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) discussed a variety of topics, including bitcoin, in an interview with Bitcoin Magazine, published Wednesday. RFK Jr. is a son of former U.S. Attorney General and Senator Robert F. Kennedy and nephew of former U.S. President John F. Kennedy.
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised to end the White House’s war on bitcoin if he is elected President of the United States. “I’m going to make sure that bitcoin is protected, that people can keep their own wallets, that the current White House war on bitcoin will be over, that transactions will be protected and encouraged,” said the presidential hopeful.
RFK Jr.’s Bitcoin PromisesU.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) discussed a variety of topics, including bitcoin, in an interview with Bitcoin Magazine, published Wednesday. RFK Jr. is a son of former U.S. Attorney General and Senator Robert F. Kennedy and nephew of former U.S. President John F. Kennedy.
ApeX Protocol Debuts USDT Contract Listings With Negative Market Maker Fees and 5,000 USDT Rewards Pool
November 15, 2023 – Saint Vincent and the Grenadines, Caribbean
The leading non-custodial derivatives DEX (decentralized exchange, ApeX Protocol proudly unveils the beta release of USDT contracts today. This significant development marks ApeX as one of the pioneering DEXs, offering support for both USDC and USDT perpetual contracts.Recognizing USDT’s substantial share in the stablecoin market – accounting for 69.5% as of November 15, 2023 – ApeX takes a significant step forward by broadening its product range.
The introduction of USDT contracts, initiating with the BTC-USDT pair, provides traders with 50x leverage, with additional contract listings in the pipeline for the near future.
November 15, 2023 – Saint Vincent and the Grenadines, Caribbean
The leading non-custodial derivatives DEX (decentralized exchange, ApeX Protocol proudly unveils the beta release of USDT contracts today. This significant development marks ApeX as one of the pioneering DEXs, offering support for both USDC and USDT perpetual contracts.Recognizing USDT’s substantial share in the stablecoin market – accounting for 69.5% as of November 15, 2023 – ApeX takes a significant step forward by broadening its product range.
The introduction of USDT contracts, initiating with the BTC-USDT pair, provides traders with 50x leverage, with additional contract listings in the pipeline for the near future.
Solana (SOL) Price Analysis: Rally Could Extend To $140
Solana price is trading in a positive zone above $100 against the US Dollar, like Bitcoin. SOL could extend its rally toward the $140 resistance.
Solana (SOL) Price AnalysisSOL price remained in a bullish zone above the $88 and $90 support levels. The bulls were active near the $90 zone. A base was formed, and the price started a decent increase above the $100 level.
There was a push above the $105 level and the 55 simple moving average (4 hours). The pair even climbed above the $120 level. A high was formed near $125.97 and the price is now consolidating gains. It is trading near the 23.6% Fib retracement level of the upward move from the $67.00 swing low to the $125.07 high.
Solana price is trading in a positive zone above $100 against the US Dollar, like Bitcoin. SOL could extend its rally toward the $140 resistance.
Solana (SOL) Price AnalysisSOL price remained in a bullish zone above the $88 and $90 support levels. The bulls were active near the $90 zone. A base was formed, and the price started a decent increase above the $100 level.
There was a push above the $105 level and the 55 simple moving average (4 hours). The pair even climbed above the $120 level. A high was formed near $125.97 and the price is now consolidating gains. It is trading near the 23.6% Fib retracement level of the upward move from the $67.00 swing low to the $125.07 high.
UK Police Seize 61,000 Bitcoins From Huge Chinese Investment Fraud
The U.K. Metropolitan Police have reportedly seized more than 61,000 bitcoins from a massive Chinese investment fraud. A British citizen is accused of laundering bitcoin for a Chinese fugitive who allegedly stole roughly $6.4 billion from more than 128,000 investors.
British Police Seize Over 61,000 BitcoinsThe U.K. Metropolitan Police have seized more than 61,000 bitcoins from a massive investment fraud in China, marking one of the largest cryptocurrency seizures globally, the Financial Times reported Tuesday.
The bitcoin seizure information was disclosed during a trial of 42-year-old Jian Wen, who is accused of laundering bitcoin for her former employer, Zhimin Qian (also known as Yadi Zhang), an alleged fugitive from China. Wen moved to the U.K. in 2007 from China and became a British citizen in 2018.
The U.K. Metropolitan Police have reportedly seized more than 61,000 bitcoins from a massive Chinese investment fraud. A British citizen is accused of laundering bitcoin for a Chinese fugitive who allegedly stole roughly $6.4 billion from more than 128,000 investors.
British Police Seize Over 61,000 BitcoinsThe U.K. Metropolitan Police have seized more than 61,000 bitcoins from a massive investment fraud in China, marking one of the largest cryptocurrency seizures globally, the Financial Times reported Tuesday.
The bitcoin seizure information was disclosed during a trial of 42-year-old Jian Wen, who is accused of laundering bitcoin for her former employer, Zhimin Qian (also known as Yadi Zhang), an alleged fugitive from China. Wen moved to the U.K. in 2007 from China and became a British citizen in 2018.
Solana-Based Altcoin That’s Up 900%+ in a Month Primed for Monster Move, Says Top Trader – Here Are His Targets
A widely followed crypto analyst and trader is expressing bullish sentiment on an altcoin in the Solana (SOL) ecosystem that has skyrocketed by triple digits in four weeks.
The analyst pseudonymously known as Bluntz tells his 244,400 followers on the social media platform X that the memecoin dogwifhat (WIF) is primed for a “monster” surge after making a V-shaped recovery on the hourly chart.
A widely followed crypto analyst and trader is expressing bullish sentiment on an altcoin in the Solana (SOL) ecosystem that has skyrocketed by triple digits in four weeks.
The analyst pseudonymously known as Bluntz tells his 244,400 followers on the social media platform X that the memecoin dogwifhat (WIF) is primed for a “monster” surge after making a V-shaped recovery on the hourly chart.
Hong Kong’s New Bitcoin, Ethereum ETFs Will Be ‘Lucky’ To Attract $500 Million Inflows, Expert Says
Hong Kong regulators on Monday greenlighted the launch of spot Bitcoin and Ethereum exchange-traded funds (ETFs), demonstrating the growing institutionalization of cryptocurrencies.
However, Bloomberg’s senior ETF analyst Eric Balchunas has thrown cold water on the excitement surrounding the new spot crypto products after suggesting they are not as big of a deal as some crypto enthusiasts may think.
Hong Kong regulators on Monday greenlighted the launch of spot Bitcoin and Ethereum exchange-traded funds (ETFs), demonstrating the growing institutionalization of cryptocurrencies.
However, Bloomberg’s senior ETF analyst Eric Balchunas has thrown cold water on the excitement surrounding the new spot crypto products after suggesting they are not as big of a deal as some crypto enthusiasts may think.
The Web3 Epic Challenge with OGCommunity, Hello Pixel, Xyro, TweetScout and 7 big projects where you get a chance to claim $50,000 USDT and fantastic prizes in tokens and NFTs
The Web3 Epic Challenge organized by OGCommunity has rallied key players from the Web3 and GameFi realms, including notable names such as Hello Pixel, Terminal, ZarGates, The Sandbox, Hexacore, MemeFi Club, WorldShards, Xyro, TweetScout. Gamers embarking on this epic journey will face challenging tasks crafted by each project, vying for prestigious prizes along the way.
Click, complete tasks and grab prizes
The Web3 Epic Challenge organized by OGCommunity has rallied key players from the Web3 and GameFi realms, including notable names such as Hello Pixel, Terminal, ZarGates, The Sandbox, Hexacore, MemeFi Club, WorldShards, Xyro, TweetScout. Gamers embarking on this epic journey will face challenging tasks crafted by each project, vying for prestigious prizes along the way.
Click, complete tasks and grab prizes
Get your FREE Entry NFT for Crypto: The Game!
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Uniswap Labs may bag the crypto industry’s first Emmy Award for its recently acquired Crypto: The Game (CTG). The online survival game is a huge hit with degen gamers and a contender for an Emmy nomination in the Outstanding Emerging Media Program category.
The game is based on a TV reality show format, pitting ten “tribes” of 80 players against each other as they struggle to survive daily “immunity challenges,” such as competing in arcade games or winning an online digital scavenger hunt.
Third season of Crypto: The Game starting next week! Hurry up and get your Free entry NFT now!
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
The Emmy-nominated game is about to launch its third season, which promises to be the biggest event in the crypto gaming industry ever! Don't miss your chance to be a part of this story.
Link: Crypto: The Game
BUSAI Announces Airdrop – Earn Rewards and Display Your AI Creations
BUSAI, the groundbreaking meme coin on the Solana blockchain, is introducing a range of captivating community initiatives designed to captivate crypto enthusiasts from around the globe. Experience the excitement of participating in the PinkSale Presale, exclusive Airdrop, and engaging AMA sessions with BUSAI. Discover a world where AI-infused memes come to life and earn exciting rewards.
BUSAI, the groundbreaking meme coin on the Solana blockchain, is introducing a range of captivating community initiatives designed to captivate crypto enthusiasts from around the globe. Experience the excitement of participating in the PinkSale Presale, exclusive Airdrop, and engaging AMA sessions with BUSAI. Discover a world where AI-infused memes come to life and earn exciting rewards.
Marketmaker Gotbit has unveiled a revolutionary tool for traders with free trial period
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Gotbit Labs is thrilled to announce the launch of the latest innovation – Gotbit DEX Manager, a comprehensive decentralized exchange management tool designed to streamline your trading experience.
To activate the FREE period, connect with your active wallet on one or more supported blockchains (Ethereum, BSC, Base, Arbitrum, Avalanche, Optimism, Polygon). This wallet address will be connected to Gotbit DEX manager and you will be able to use the system only from this address for 1 month for free. After 1 month you will be able to prolong the work on one of the tariffs offered in the system.
Trader earned $650,000 on Memecoins in just 12 minutes with Gotbit DEX Manager
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
A novice trader posted on his Twitter that he was able to make over $650,000 in just 12 minutes using new software from marketmaker Gotbit Labs.
Earlier it became known that Gotbit DEX Manager became the most popular software for launching MEV bots on the Base and Ethereum networks.
Gotbit has opened up free access to its DEX Manager
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
According to Gotbit CEO Alex Andryunin, access to their most advanced service will be free for all users during this week. The action is designed to attract new traders to familiarize themselves with the product's functionality and demonstrate all of its capabilities.
rWintermute develops an analog of Gotbit DEX Manager
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
The success of the Gotbit DEX Manager service for creating and promoting meme tokens on EVM blockchains is forcing the largest market makers to create similar services for the mass market. Only last month traders from this platform earned more than 100 million dollars.
Shiba Inu and DOGE On the Cusp Of Gigantic Price Explosions as Trump-Musk X Interview Boost Odds
Tesla CEO Elon Musk recently interviewed Republican Presidential Contender Donald Trump on X, a move that could spell major gains for canine-themed meme coins such as Dogecoin and Shiba Inu.
Tesla CEO Elon Musk recently interviewed Republican Presidential Contender Donald Trump on X, a move that could spell major gains for canine-themed meme coins such as Dogecoin and Shiba Inu.