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Showing posts with the label analysis

Binance To End Ruble Payments As It Winds Up Partnership With Russian Payment Firm Advcash, WSJ Says

Binance plans to end its partnership with the Russian payment provider Advanced Cash (AdvCash), ending ruble-based transactions, the Wall Street Journal (WSJ) reported.  AdvCash was used to move funds between sanctioned Russian banks and the exchange, the WSJ said, citing sources close to the matter. #WSJ : #Binance plans to terminate cooperation with #Advcash This decision is due to the fact that Advcash allows you to transfer funds to the exchange to customers of Russian banks that have been sanctioned. #CRYPTO #Bitcoin #web3 #NFTs #ETHEREUM pic.twitter.com/UX2euPY5hn — NFT GURU BIG MIKE 🎁 𝗡𝗙𝗧 Promoter (@CRYPT056) November 1, 2023 This is in line with the exchange’s bid to fully exit the Russian market following intensive legal scrutiny following the Ukraine invasion. Binance entered into a partnership with Advcash in 2019, allowing consumers to make deposits and withdrawals in rubles. In this collaboration, Advcash provided l...

XRP blast-off imminent following ‘brilliant monthly close;’ Expert analysis

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After XRP crossed the critical psychological level at $0.60 and continued upward, an even stronger bullish movement could be in the cards for the fifth-largest cryptocurrency by market capitalization, judging by the detailed analysis of its previous price behavior. Indeed, the pseudonymous crypto market analyst Cryptoinsightuk observed that XRP had seen a “brilliant month ly close ” above $0.59 and that its moving average convergence divergence (MACD) indicator was about to cross the 0 line, “bringing momentum back to the bulls,” the expert said on November 1. XRP price action analysis. Source: Cryptoinsightuk Specifically, this crypto analyst has provided a possible target range between $0.8875 and $1.3617, the levels last witnessed on the digital asset’s charts in 2021, should the indicators continue to demonstrate positive signals for the price of the XRP token. Is $1.69 possible? Not only that, but the expert also explained that “the last time we had a month ly close in thi...

Fund Management Giant VanEck Says Bitcoin Is ”Close To Perfect Trade”

Fund management giant VanEck says conditions are becoming extremely favourable for B itcoin and the cryptocurrency industry as 2024 draws near. CEO Jan van Eck, speaking in an interview on the Empire podcast , said that Bitcoin has been established as the main alternative to gold as a store of value, that the Federal Reserve is moving toward a lower rates policy, and that the Bitcoin halving is expected in April. “You’ve got an almost close to perfect setup as a trade,” Van Eck said. A must-watch episode w/ CEO @JanvanEck3 and @mleinweber2 from @MarketVector 📺https://t.co/Fbc3beOmvN https://t.co/eGUwuqO3md — VanEck (@vaneck_us) October 31, 2023 Van Eck, who’s firm manages about $76 billion in assets, added that markets never seems to price in the halving, which thus always leads to a bull market. “Why don’t people anticipate this,” he asked. “There’s no accounting for the crowd.” A must-watch episode w...

Bitcoin Breaks $30K Amid Rising Optimism Over Imminent ETF Approvals After SEC’s Ripple “Capitulation’’ – And That Indicates Boom Times For Bitcoin Minetrix

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Bitcoin (BTC) eased past the psychologically important $30,000 level amid optimism over the imminent approval of spot Bitcoin ETFs after the Securities and Exchange Commission (SEC) dropped charges against two top Ripple executives last week. BTC was up 2% at $30,502 at 5:50am ET after ”Rich Dad, Poor Dad” author Robert Kiyosaki added to positive sentiment by tweeting that Bitcoin’s next stop is $135,000. Trading volume surged 27%. Gold will soon break through $2,100 and then take off. You will wish you had bought gold below $2,000. Next stop gold $3,700. Bitcoin testing $30,000. Next stop Bitcoin $135,000. Silver from $23 to $68 an ounce. Savers of fake dollars F’d. Please tell your friends to “Wake up.”… — Robert Kiyosaki (@theRealKiyosaki) October 20, 2023 The dominant cryptocurrency is up almost 10% in a week with lawyer Jeremy Hogan further adding to positive sentiment when he tweeted that “For all Intents and Purpo...

Ethereum Wallet Tied to Sinaloa Cartel Sanctioned by US Treasury Department

The US Treasury Department has sanctioned an Ethereum wallet linked to Jiminez Castro, a Mexican with ties to the Sinaloa Cartel’s fentanyl trafficking operation. Sanctions against ten individuals, including the Cartel’s affiliates and fugitives, were announced in a press release published Tuesday by the Treasury Department. Castro, who ran an Ethereum wallet used for aiding the cartel, was among those named in the release. “Mario Alberto Jimenez Castro (Jimenez Castro) reports directly to a Chapitos deputy and operates a money laundering organization that uses virtual currency and wire transfers, among other methods, to transfer proceeds from illicit fentanyl sales in the United States to Sinaloa Cartel leaders in Mexico, the release said. “Jimenez Castro has directed U.S.-based couriers to pick up cash in the United States and deposit it into various virtual currency wallets for payment directly to the Chapitos and for reinvestment in fentanyl production....

Deutsche Bank To Provide Crypto Custody Services To Customers Via Partnership With Taurus

Deutsche Bank will provide its customers with crypto custody services via a partnership with Swiss digital asset infrastructure firm Taurus. The move underscores the growing prominence of digital assets in the financial world, and indicates the rising acceptance by mainstream financial titans of the need to provide customers with crypto services. “ As the digital asset space is expected to encompass trillions of dollars of assets, it’s bound to be seen as one of the priorities for investors and corporations alike,” said Paul Maley, global head of securities services at the German banking giant. “As such, custodians must start adapting to support their clients.” We’re pleased to announce that Deutsche Bank has entered a global agreement with Taurus! 🤝Deutsche Bank will leverage Taurus custody and tokenization technology to manage cryptocurrencies, tokenized assets, and digital currencies.https://t.co/HRJx76NvWt pic.twitter.com/EhTB3gsJgF ...

HTC unveils a metaverse phone with crypto and NFT functionality

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HTC, one of the largest smartphone manufacturers, has unveiled a “Viverse” phone that will support the metaverse and support cryptocurrencies and non-fungible tokens (NFTs). HTC unveils a metaverse phone HTC Desire 22 Pro will be among the first phones entering the Web3 world. The phone will come with installed applications allowing users to access metaverse content. The phone will also have crypto and NFT functionality. One of the top Features of the phone is the Viverse app. The app will allow users to buy NFTs on a digital marketplace while creating their own virtual space. This is not the first crypto-inspired phone launched by HTC. Like the other phones, the Desire 22 Pro will also have an in-built crypto wallet supporting Ethereum and other assets based on the Polygon blockchain. This device will also be compatible with the HTC lightweight Vive Flow VR headset. It will also come with a Vive Manager app that allows them to create and manage their VR hardware...

Memecoins are here to Stay – at Least the Price Action Says so

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Cryptocurrencies made it big in 2021, and part of the credit for their recognition can be attributed to the wild popularity of meme coins . These meme coins overwhelmed investors with their returns, setting much-needed benchmarks for this entirely new ecosystem of cryptocurrencies. Dogecoin led the phenomenon, followed by many other similar coins including Shiba Inu. Market forces such as constant support from Elon Musk on Twitter and dedicated media coverage were accountable for their fair share of contributions as well. Today, meme coins account for a considerable portion of cryptocurrency investments and continue to get many new investors onboard every day. However, a wave of skepticism has started to circulate among investors regarding the future of these coins. And to a certain extent, it is justified. People are concerned if meme coins will exist in the future, and if they’re any worth at all. Don’t be surprised if you were thinking the same. But before you w...

California wants to outlaw internal combustion engine vehicles by 2035

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Join Our Telegram channel to stay up to date on breaking news coverage In a significant activity in the state’s battle against climate transformation, California, the most extensive state and the heart of American auto culture, would restrict the sale of fresh Internal Combustion Engine Cars By 2035. The law, which the California Air Resources Board unveiled on Thursday, will oblige companies to quicken the production of cleaner cars, pickup trucks, and SUVs beginning in 2026 until the state solely permits sales of zero-emission vehicles. The transportation industry is the primary emitter of greenhouse gases in California After Governor Gavin Newsom announced a goal for 2020 to hasten the transition away from internal combustion engines, the vote was unanimous. The transportation industry is the primary emitter of greenhouse gases in California, which has seen unprecedented droughts, wildfires, and poor air quality as a result of climate change. The decision is expected...

These 5 Cryptocurrency Could See Price Boom This Weekend – Where to Buy

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Join Our Telegram channel to stay up to date on breaking news coverage The cryptocurrency market has enjoyed a bounce in the past 24 hours, after a mixed week. Its total cap has risen by 6% in the past day, at $1.077 trillion. This is a 5.3% rise in a week, and a 4.7% drop in a month. With Ethereum’s Merge due at some point early next week, the market could see plenty of positive action in the next few days. Accordingly, here’s a list compiling some of the most promising coins in the short (and long) term. These 5 cryptocurrency could see price boom this weekend. These 5 Cryptocurrency Could See Price Boom This Weekend 1. Battle Infinity (IBAT) IBAT is up by 1% in 24 hours, at $0.00401539. It is, however, down by 12% in a week. IBAT’s chart suggests it has just begun an upswing, after bottoming out. With the overall market seemingly about to rally as a result of the Merge, this could very much be the case. IBAT is one of the most promising new altcoins on ...