US-Asia Pact: Implications for the Cryptocurrency Landscape
âą U.S., South Korea, and Japan reaffirm commitment to regional security.
âą The cooperation framework was established at Camp David to endure despite leadership changes.
âą Trilateral cooperation may impact the cryptocurrency market via geopolitical stability.
The United States, alongside Asiaâs superpowers, South Korea and Japan, have issued a joint statement reaffirming their commitment to combating regional security threats, according to a Reuters report. South Koreaâs President Yoon Suk Yeolâs office confirmed this statement was released on Sunday, August 18th, during the anniversary of their summit at Camp David.
âWe stand by our commitment to consult on regional challenges, provocations, and threats affecting our collective interests and security,â the statement from South Koreaâs presidential office stated.
Additionally, the statement highlighted that the principles agreed upon during last yearâs summit continue to guide operations between the three countries.
On August 18, 2023, Yoon, U.S. President Joe Biden, and Japanese Prime Minister Fumio Kishida signed an agreement to strengthen military and economic ties. This cooperation aims to counter Chinaâs growing influence in Asia and address increasing security threats from North Korea.
South Korean media speculate that the leaders might meet again this year, although the timing remains uncertain, especially after Kishidaâs announcement of his plans to step down. A senior South Korean official mentioned that there could be two or three opportunities for the leaders to convene, but discussions are still in the early stages.
Despite upcoming leadership changes, the official emphasized that the cooperative spirit established at Camp David would continue beyond the current administration. The official noted that the three key figures who set up the Camp David framework wonât be in their positions forever, suggesting that the established cooperation will continue to shape relations among the three countries.
Monday Crypto Leaderboard: BNB and XRP Overtake Market Leaders
Binance Coin (BNB) and XRP, two of the top 10 cryptocurrencies, outperformed Bitcoin (BTC) and Ethereum (ETH) on Monday.
Price Analysis: XRP
The top 10 cryptocurrencies are led by Ripple's XRP, which rose about 6%. According to CoinGecko, the token's price hit a near two-week high of $0.6080 on Monday and trading volume increased 197% during the preceding 24 hours.
Investors are optimistic as XRP temporarily consolidated above the important $0.600 resistance level before reverting to $0.590.
Bulls must watch $0.6169 and $0.6288 to continue the price rebound. A daily closure above these levels might break the token's one-month slump.
The yellow and blue lines on the XRP/USDT daily chart below show that XRP is above its 200-day and 50-day exponential moving averages (EMAs) at $0.5516 and $0.5716.
This year's uptrends show that these major technical indicators may sustain the price during a market downturn that might increase selling pressure.
But Binance Coin, the native cryptocurrency of the major Binance exchange, has also surged 3% in 24 hours to $554, a two-week high. The token dropped to $399 on August 5 on âBlack Mondayâ in the market.
Binance Coin's trading volume increased 30% to $800 million in the same time period, like XRP, according to CoinGecko.
BNB is 22.68% behind its all-time high of $717 set on June 6, but a break of the daily chart's upper barrier might lead to a retest.
The Binance Coin price has to consolidate above its 200-day EMA at $547 to retest the $574 resistance level, the most important on this time frame, before a possible surge above $600.
After the August 5 fall, the Binance Coin token's range low of $502 at the start of the month has provided short-term support for the BNB price.
Whether this cryptocurrency increase can be maintained amid market concerns and a lack of new funding entering crypto is unknown.
#BNB #XRP #CryptoMarketMoves $BNB $XRP
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{spot}(BNBUSDT)
đš đđđ3 đđ§đđđąđđŁđ©đđ©đđ€đŁ đđđđđ© đœđ đđđđ© 100đ đđđ©đđđ€đ§đź đđŁ đŸđ§đźđ„đ©đ€ đš
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Web3 fragmentation rise from the variety of blockchains like Ethereum, Solana, and Binance Smart Chain, each with its own ecosystem. This creates silos, making it difficult and risky to move seamlessly between them and fully use a digital identity across platforms.
> CARV Protocol provides a universal digital identity that allows users to carry their achievements and reputation seamlessly across various blockchains and Web3 applications, enhancing cross-platform integration.
> The protocol offers robust data verification through distributed consensus and cryptographic hashing, decentralized identity management with multi-factor authentication, and secure data storage and processing using distributed systems and encryption.
> This Could be a alpha Play For Next Bull run. Keep in touch with the project and track the development. You Can Check Our Detailed Report Here
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Are you aware that #BNB market cap has gone past $100B before? so many people are not aware, that the current market cap of $BNB is $82,594,807,966Â with a $935,666,776 Trading Volume in 24 hours, we know you are aware that the total supply of #BTC is 21M but are you aware of the total supply of BNB ??
#BNB current total supply is 145,887,575 and the max supply is 200,000,000
Stay Updated
{spot}(BNBUSDT)
đš Breaking News: The MiCA Act's Major Impact on the Crypto Market đš
The MiCA Act is set to reshape the crypto market with groundbreaking changes! đ
1ïžâŁ Streamlined Authorization: The Act simplifies the process for crypto asset service providers (CASPs) to gain authorization. Those with national licenses can now easily expand their services across the EU, increasing efficiency and reach. đ
2ïžâŁ Cohesive Market: MiCA brings consistent regulatory oversight across the EU, making the region more appealing and competitive for crypto businesses. However, offshore companies operating outside this framework might struggle to attract EU clients, giving regulated companies a significant advantage. đŒ
3ïžâŁ Institutional Participation: With clearer regulations, major banks and financial institutions are likely to enter the crypto space, launching new services. Stablecoin issuers, like Tether, will face stricter compliance demands, including increased transparency and regular audits. đŠ
4ïžâŁ DeFi Impact: While fully decentralized DeFi projects may escape MiCAâs direct reach, centralized DeFi projects will need to comply with the new rules, which could affect their operations. The cost of compliance might push some companies out of the EU, potentially stifling innovation. đ
MiCA aims to set a global standard for crypto regulation, but its success hinges on effective enforcement. Will it propel the EU to the forefront of crypto innovation, or will the high compliance costs drive businesses away? Only time will tell! âł
#Write2Earn! #MarketDownturn #BinanceTurns7 #voteforBULLISHBANTER
đšCrypto missing from Democrats party platform amid national conventionđš
The Democrats' newly released party platform does not mention cryptocurrency, which may disappoint left-leaning voters seeking a renewed vision for the government's handling of crypto.
This omission contrasts sharply with the Republican platform, which promises to end the "unlawful and unAmerican Crypto crackdown" and defend the right to mine Bitcoin.
Republican nominee Donald Trump has actively positioned himself as the pro-crypto candidate, speaking at the Bitcoin Conference and revealing substantial Ethereum holdings.
The Democrats' platform, approved in July before Joe Biden dropped out of the race, will be voted on by convention delegates as a formality.
Following Biden's withdrawal, efforts have been made to strengthen ties between Kamala Harris and the crypto industry, including a town hall by Crypto4Harris.
Senate Majority Leader Chuck Schumer expressed his intention to pass crypto regulation legislation by the end of the year, aiming to balance innovation with common-sense regulations.
$BTC $ETH $SOL
đš Altcoins Set To Explode 100x by 2025đ€Żđ„
⌠DONT missâŒ
Oasis Protocol (ROSE)
Oasis Protocol has massive potential.
The Oasis Protocol is a privacy focused layer-1 platform. It is also a proof of stake smart contract blockchain. Oasis focuses on DeFi and the data economy. It allows its users to take control of their data .
đčïžPolkadot
Polkadot, a multifaceted player in the crypto space.What sets this coin apart is its innate capacity to interconnect different blockchains. This functionality ensures seamless transactions and fosters a thriving ecosystem. In an age where integration is crucial, Polkadotâs potential for bridging various networks is hard to ignore.
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âSaga
Saga Chain is a Layer 1 network built on the Cosmos SDK with limitless horizontal scalability potential. It enables web3 game developers to seamlessly spin up their own parallelized,VM independent, and interoperable chains called "Chainlets".
The price movement of SAGA crypto indicates a downward trajectory, encountering resistance from the trendline.
Binance Coin (BNB)
Binance Coin is the native token of the Binance chain. Today, BSC is one of the fastest networks in the digital asset space, helping traders execute transactions faster and more efficiently. In 2017, when Binance launched BNB, it assured that the token would have a limit of 200 million tokens.
VeChain
VeChain is a safe and reliable blockchain. This platform initially concentrated on a specialized market. This included offering tools for managing the blockchain supply chain. Since then, the project has broadened its scope to include a full fledged layer 1 network.
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A trader's warning: â ïž get ready for a wild ride in the crypto market! This trader lost $790 from his spot wallet and $65 from futures on August 4th. Thankfully, he sold some tokens that morning, or he would've been in big trouble when altcoins dumped 50% the next day - the biggest drop since 2022!
That's why this trader's decided to hold off on investing in altcoins until the 20th of this month. But now that the Federal Reserve didn't cut interest rates in the last meeting, the market thinks the dollar needs to strengthen, causing a crypto market correction.
However, with an interest rate cut likely in the next meeting on September, the next 20 days will be super bullish!
It's time to invest. By the day of the meeting, token prices will probably have already risen significantly. When the announcement comes, people will think it's great news, but it might actually be a "sell the news" event. Bitcoin might spike up and then dump, causing altcoins to bleed too. But don't worry, this will be temporary.
In the long run, an interest rate cut is good for crypto.
Prepare yourself! đ„đ
{spot}(BTCUSDT)
{spot}(SOLUSDT)
{spot}(XRPUSDT)
#Write2Earn! #Saminakhan #CryptoMarketMoves #PowellAtJacksonHole #MarketDownturn
Recent Whale Alert
3,339 #BTC , valued at $195,315,260 USD, was transferred from an unknown wallet to another unknown wallet.
12,675 $ETH which is worth 32,750,504 USD was transferred from an unknown wallet to #Coinbase
1,116 #BTC was transfered from an unkown wallet to coinbase, and this is worth over $65,000,000
970,066,903 $TRX , valued at $135,297,791 USD, was transferred from one unknown wallet to another.
1,000 $BTC , valued at $58,829,635 USD, was transferred from #TronDAO to an unknown new wallet
25,050,000 #XRP , worth $15,171,979 USD, was transferred from an unknown wallet to Bitstamp
1,500 BTC, valued at $88,526,908 USD, was transferred from TronDAO to a new, unknown wallet.
1,000,000 SOL, worth $143,388,309 USD, was transferred from one unknown wallet to another unknown wallet.
149,236 SOL, valued at $21,912,536 USD, was transferred from an unknown wallet to Binance.
Stay Tuned and Follow for MOre Updates
#xmucan
Turn Your Only $100 Into $10,000 With These 3 #Altcoinsđđ
$ADA (Cardano): ADA is currently trading between $0.28 and $0.36, signaling a potential rebound if it surpasses the $0.40 resistance. Aiming for $0.48, ADA could achieve a 33% gain. Key support is at $0.24, and a close above $0.40 is crucial for a bullish continuation.
$NOT (Notcoin): NOT is trading between $0.0086 and $0.0129, showcasing resilience with a 450% surge in six months. Breaking the $0.0149 resistance could lead to a 15% rise, targeting $0.0165. Support is crucial at $0.00653, and a close above $0.0149 is necessary for a bullish reversal.
$TON (Toncoin): TON is trading between $4 and $8, signaling a potential breakout if it surpasses the $8.50 resistance. Aiming for $10.00, TON could achieve a 25% gain. Key support is at $3.50, and a close above $8.50 is crucial for a bullish continuation.
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#NOTđ„đ„đ„ #ada #tonecoin #CryptoMarketMoves
đšImportant Developments:
đȘđșOn Tuesday, August 20 at 12:00 PM, the inflation rate for the European region will be announced.
đčđ·On Tuesday, August 20 at 2:00 PM, the Central Bank of the Republic of Turkey will announce its interest rate decision.
đșđžOn Wednesday, August 21 at 9:00 PM, the Fed FOMC minutes will be released.
đșđžOn Thursday, August 22 at 3:30 PM, the US Unemployment Claims will be announced.
âąExpectation: 233K âąPrevious: 227K
đ«On Friday, August 23, the annual economic symposium in Jackson Hole will begin.
đŁïžOn Friday, August 23 at 5:00 PM, Fed Chairman Jerome Powell will speak at Jackson Hole.
đ*Future Trading vs Scalping*đ
Futures trading and scalping are two different trading strategies used in financial markets, including cryptocurrency markets. Here's a brief overview of each:
đFutures Trading:
- Involves buying or selling a contract for an underlying asset (e.g., cryptocurrency) at a set price on a specific date in the future.
- Traders speculate on the future price movement of the asset.
- Contracts typically have a longer duration (e.g., weeks, months, or quarters).
- Traders can use leverage to amplify potential gains (and losses).
- Focuses on long-term price movements and trends.
đScalping:
- A short-term trading strategy focusing on making small profits from minor price movements.
- Traders aim to capitalize on small price gaps or spreads.
- Trades are typically held for a short duration (e.g., seconds, minutes, or hours).
- No leverage or minimal leverage is used.
- Focuses on short-term market inefficiencies and volatility.
đKey differences:
- Duration: Futures trading involves longer-term contracts, while scalping focuses on short-term trades.
- Leverage: Futures trading often uses leverage, whereas scalping typically does not.
- Goals: Futures trading aims to profit from long-term price movements, while scalping targets small, short-term gains.
đRisk: Futures trading generally carries higher risk due to leverage and market volatility, whereas scalping risks are typically lower due to shorter trade durations.
Remember, both strategies require a deep understanding of markets, technical analysis, and risk management techniques. It's essential to thoroughly research and practice before implementing either approach.
đcheck out my profile to get personal trades and signals daily by @BS_trading
#BTCâ
Prepare Yourself: What to Expect in the Market Over the Next 20-25 Days.
On August 4th, I experienced a loss of $790 from my spot wallet and $65 from futures trading. I had sold some tokens around 11 AM, even though they were already at a loss. It turned out to be the right move, as the next day, altcoins plummeted by about 50%, marking the largest drop since 2022.
These events led me to hold off on investing in any altcoins until August 20th. Today is that day.
During the last FOMC meeting, interest rates were not cut, signaling the market's belief that the dollar needs to strengthen. Consequently, the dollar index is rising, and the crypto market is facing a significant correction.
However, with an interest rate cut now almost certain in the upcoming September meeting, and the market having already corrected, the next 20 days leading up to that FOMC meeting are likely to be quite bullish. This could be an opportune time to invest.
By the time the meeting occurs, it's probable that most tokens will have already seen substantial gains. When the announcement comes that the interest rate has been cut by 50 basis points, many will view it as positive news. However, this could turn into a "sell the news" event.
Bitcoin might see a quick spike upward before starting to decline, pulling altcoins down with it. But remember, this drop is likely to be temporary. In the long term, an interest rate cut is bullish.
Plan and prepare accordingly.
#BTC #WriteToEarn #ETH
Catch the ChickKings Wave: TON Blockchainâs Hottest New Memecoin
The crypto world is buzzing with excitement, and the latest buzz is all about ChickKings (CHIC). Itâs not just another memecoin; itâs a movement thatâs rapidly gaining momentum on the TON Blockchain. If youâve been on the lookout for the next big thing in the memecoin space, ChickKings might just be the golden egg youâve been waiting for.
ChickKings is more than just a token; itâs an entire universe where fun meets functionality. Built on the robust TON Blockchain, CHIC is designed to inject a fresh and engaging twist into the memecoin craze. Its playful chicken-themed branding, combined with a highly active and growing community, sets ChickKings apart in a crowded market. With a vibrant and dedicated following, CHIC is not only capturing attention but also demonstrating its potential to rule the roost in the memecoin sector.
Why is there such a buzz around CHIC? For starters, ChickKings isnât just riding the coattails of existing memecoin trendsâitâs carving out its own niche. The TON Blockchain, renowned for its speed, security, and scalability, offers an ideal foundation for CHIC to thrive. As the memecoin market heats up, ChickKings is proving to be a standout performer, and its growing popularity is a testament to its potential.
Investing in ChickKings now offers a unique opportunity to get in early. The presale phase is a chance for savvy investors to secure their spot before CHIC makes waves across the wider crypto community. With the memecoin market poised for explosive growth, early adopters could reap significant rewards as ChickKings continues to gain traction.
Whether youâre a seasoned crypto investor or a curious newcomer, ChickKings promises an exciting adventure with the potential for impressive returns. The memecoin landscape is evolving rapidly, and CHIC is leading the charge on the TON Blockchain. Donât miss your chance to be part of this egg-citing journey!
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đ How I Made My First $1,000 Trading on Binance đ
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Hey everyone! đ If youâve been curious about how to get started on Binance and make your first $1,000, this post is for you. Whether you're a newbie or just looking for some inspiration, Iâm sharing my journeyâfrom feeling lost to finding success. If you enjoy this, please visit my profile and give me your vote! â
Getting Started on Binance đ ïž
Starting on Binance was intimidating. đ
The platform had so many options, and I felt lost at first. But I took it slow, learning the basics through YouTube tutorials and articles about how the market works.
My first step? Investing a small amount in Bitcoin. đȘ Many experts recommend starting with it, and I could see why. I bought Bitcoin when the price was low, not risking much at first. This way, I could learn without a big risk. By watching the market daily, I began to notice patterns. When the price went up slightly, I sold. It wasnât a huge profit, but it was a start! đ
Learning from Mistakes đĄ
Mistakes? Oh, I made plenty! đŹ Early on, I got greedy and tried to catch every rise. I even bought altcoins I didnât understand. One time, I lost $200 in a single day. That was a tough lesson. But it taught me something crucialâpatience.
I started to study coins before buying them. đ I also began using stop-loss orders to protect myself from big drops. Instead of chasing every opportunity, I focused on understanding trends. I learned to wait for the right moment. One trade at the right time can be better than ten trades without a plan. This shift in mindset helped me recover my losses and grow. đ±
Growing My Earnings đ”
After a few months, I found my rhythm.
#PowellAtJacksonHole #CryptoMarketMoves #MarketDownturn #SahmRule #BinanceHODLerBANANA
New Zealandâs Approach to Crypto Gambling Compared to Other Countries
According to Grand View Research, the global online gambling market is expected to reach around NZD 246 billion by 2030. Online games have become a popular form of entertainment for a long time. With the development of technology, more and more people are turning to cryptocurrencies as a means of betting.
The text presents both the main advantages and some downsides of using digital currencies. In addition, thereâs information on how the crypto industry is organised in New Zealand. This article also compares the UK and the USA markets.
Crypto Online Gambling Landscape in NZ
Several key elements keep New Zealand online casinosregulated and stable. Below, thereâs more information on this issue and the wide range of crypto gambling in the country.
Blockchain Transactions in $1 Deposit Casinos
Cryptocurrency has revolutionised the gambling industry, with the first blockchain casino launched over a decade ago. Since $1 deposit operators at CasinoDeps are on the rise in New Zealand, many reputable brands offer various crypto payment options like Bitcoin, Ethereum, Litecoin, Ripple etc for the smallest transactions.
$1 deposit crypto payments at casinos offer a convenient, secure, and flexible way for gamblers to enjoy gaming with minimal financial commitment. Digital currencies can be easily divided into small units, making them ideal for microtransactions like $1 deposits.
Regulatory Bodies Governing Gambling and Cryptocurrency
Gambling in New Zealand is regulated by the Ministry of Internal Affairs through the Gambling Act 2003. Betting is completely legal and widespread among New Zealanders, but the regulations have certain limitations. According to the law, anyone can try their luck if they are over 18 years old.
However, the New Zealand legislation controls only a range of gambling games such as bingo, sports betting, bingo, and everything else that is held in land-based casinos. Unfortunately, the same cannot be applied to the online industry, as only offshore operators.
đ” 74% of Bitcoins Have Entered the "HODLing" Category
đ Despite Bitcoin's 21% correction from its ATH, 74% of coins haven't been sold or moved in the last six months, according to Glassnode.
đ According to the HODL Waves chart, on August 11, the share of Bitcoins held by long-term investors increased to 45%.
âïž Analysts have previously noted that the growing dominance of "aged" coins indicates that investors are holding out for higher prices and are unwilling to close positions at current levels. This holding trend leads to a reduction in available supply, which, with increasing demand, could result in a rise in the asset's price.
đ Experts also pointed out that 80% of the coins held by speculators are currently "in the red."
đŁ
"This is similar to situations in 2018, 2019, and mid-2021. Back then, many short-term investors panicked and triggered a bear trend," they commented.
âïž GM! Here are the top events in #Crypto for the past 24 hours
đ Â Tether launches USDT on the Aptos blockchain to offer ultra-low transaction fees and enhance global digital currency accessibility.
[5 USDT per Vote](https://www.binance.com/en/square/profile/tradingheights)
đ Â HashKey and Catizen partner to expand the TON ecosystem, focusing on Web3 and GameFi development, boosting digital entertainment infrastructure.
đ Â Goldman Sachs lowers US recession risk to 20%, potentially boosting Bitcoin, but caution remains as rate cuts may signal recession.
đ Â Nigeria plans to introduce a bill to regulate crypto and update tax laws, aiming to integrate digital assets into its economy securely.
đ Â A Florida woman sues Google for $5M after a scam crypto app on the Play Store stole her funds; Google allegedly took 3 months to remove it.
đ Â 75% of all Bitcoin hasn't moved for over 6 months, showing strong hodling despite a 21% drop from its all-time high.
đ Â A Colorado church group tokenized a $2.5M chapel using blockchain technology, creating "Stone Coin" to raise funds for the purchase.
đ Â Vitalik Buterin registers the ENS domain "dacc.eth," referencing "defensive accelerationism," a cautious approach to tech development.
đ Â An Indian man was arrested for allegedly kidnapping two BitConnect employees and extorting $125M in crypto to recover his losses.
đ Â Australia took down 600 crypto scams in the past year, warning that AI advancements will make it harder for consumers to spot fraud.
#CryptoNews
2024âs Hottest Crypto Presales: Top 5 Tokens Poised for Massive Gains
The crypto market is buzzing with anticipation as a new wave of innovative projects enters the scene. Presales have emerged as a lucrative avenue for early investors to capitalize on groundbreaking ideas. Among the plethora of options, five tokens stand out as potential game-changers: Barbie Girl (BBG), Meeky Mouse (MEEK), Memereum, PlayDoge, and Dogeverse.
Barbie Girl (BBG): A Timeless Icon
Barbie Girl (BBG) has captured the imagination of investors with its playful and nostalgic appeal. Drawing inspiration from the iconic fashion doll, BBG aims to create a vibrant community centered around fashion, beauty, and entertainment. With a strong emphasis on community engagement and utility, BBG is rapidly gaining traction. Its presale performance has been exceptional, indicating strong investor confidence. Potential investors may visit the website for more information on the âfantasticâ project.
Meeky Mouse (MEEK): A Whimsical Legend
Meeky Mouse (MEEK) is redefining the meme coin scene with its enchanting world inspired by the beloved Disney character. This project promises to deliver an immersive experience filled with games, virtual real estate, and digital collectibles. MEEKâs presale has generated significant buzz, driven by its unique concept and potential for long-term growth. For more information on MEEK, head over to the official website.
Memereum: A Memorable Merge
Memereum is a fascinating blend of meme culture and Ethereumâs robust blockchain technology. By combining the viral nature of memes with the security and scalability of Ethereum, Memereum aims to create a dynamic ecosystem for creators and investors alike. The project has garnered attention for its innovative approach and potential to disrupt the meme coin space.
PlayDoge: A Gaming Revolution
PlayDoge is set to revolutionize the gaming industry by leveraging blockchain technology. With a focus on play-to-earn mechanism
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