#RIFUSDT ITS 30 MIN TF CHART Looks to trade for a long in | Mr_Tycoon23 в Binance Square

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#RIFUSDT
ITS 30 MIN TF CHART 
Looks to trade for a long in a ascending triangle 
Go with small stoploss 🎯
$RIF 

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💵 Kraken, Paxos, and Robinhood launch 🌍 stablecoin network: Leading crypto companies have announced the Global Dollar Network 💱, designed to simplify stablecoin use in international payments. 📲 Kraken, Paxos, and Robinhood have just launched the Global Dollar stablecoin network, a game-changer for the crypto space! This network aims to boost stablecoin adoption and make crypto transactions more accessible and stable worldwide. The Global Dollar Network will utilize Paxos' new stablecoin, USDG, which is pegged to the US dollar and complies with the Monetary Authority of Singapore's upcoming stablecoin framework. Key Features of the Global Dollar Network: - Lower Transaction Costs: The network aims to reduce transaction costs, making it more affordable for users to transact in stablecoins. - Boosted Consumer Protections: The network will provide enhanced consumer protections, giving users more confidence in the stability and security of their transactions. - Cross-Border Transactions: The Global Dollar Network will facilitate seamless cross-border transactions, bridging the gap between traditional finance and the crypto economy. - Yield on Reserve Assets: USDG is designed to return yield on reserve assets to participants who contribute to its adoption, encouraging the development of crypto and financial solutions using the token. This collaboration is a significant step towards stabilizing and mainstreaming digital assets, particularly in regions where currency volatility is a challenge. With Robinhood, Kraken, and Paxos backing the initiative, the network has substantial industry support, which may encourage other exchanges and financial institutions to join. $ETH #BTCBreaksATH

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GOLD WITNESSED BIGGEST SINGLE DAY FALL SINCE JUNE 2021📉📌 Gold prices in India have taken a hit after the Federal Reserve signaled a potential rate hike. This news has led to a decline in gold prices, with 24-karat gold currently trading at approximately ₹80,330 per 10 grams. Historically, gold prices have been influenced by various factors, including supply and demand, central bank policies, inflation, currency strength, geopolitical tensions, interest rates, market sentiment, and technological advances. The recent development with the Federal Reserve has added to the downward pressure on gold prices. Gold recently experienced its largest single-day drop since June 2021, with prices plummeting by ₹790.00 in various cities like Delhi, Chennai, Bangalore, and Kolkata. This significant decline is likely linked to the market turmoil following the Indian election results, which contradicted exit poll predictions and caused panic among investors. Key Factors Affecting Gold Prices: - Supply and Demand: Changes in mining output, recycling rates, and industrial demand impact gold availability. - Central Bank Policies: Buying or selling activities by central banks influence gold prices. - Interest Rates: Rate hikes, like the one signaled by the Federal Reserve, can reduce demand for gold. - Geopolitical Tensions: Uncertainty drives investors towards safe-haven assets like gold. Keep in mind that gold prices can fluctuate rapidly due to various market and economic factors. For the latest updates and analysis, consider consulting reputable financial sources. $BTC

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