Russia Plans To Establish Two Cryptocurrency Exchanges To Support Trading

Empowering Decentralized Blockchain Development

Enhancing User Security in Cryptocurrency Trading

Tron Memecoins Surge: Why TRX Is the Best Altcoin Investment Right Now?

Uniswap Investor Reactivates Wallet, Withdraws $10.4M Worth of UNI Tokens From Coinbase Prime

Enhancing User Security in Cryptocurrency Trading

Empowering Decentralized Blockchain Development

US Economic Outlook: Is a Recession on the Horizon? 📉 The Conference Board Leading Economic Index (LEI) has dropped by 0.6% month-over-month, exceeding expectations of a 0.4% decline. Here’s a closer look: - 28 out of the last 29 months: The LEI has fallen in nearly every month since early 2022, marking its longest streak since the 2008 Financial Crisis. - Drawdown Details: The LEI is now down 15.3% from its peak, approaching levels last seen during the 1970s and 1980s recessions. - Historical Patterns: Previous instances of similar drawdowns in the LEI have consistently preceded recessions in the US economy. Key Question: With these indicators, is the US economy headed for a recession? The data suggests growing concern, but ongoing monitoring will be crucial.

💥💥💥 #EthereumETFs After 30 Days: Only One Week of Inflows Recorded Ethereum ETFs Face Persistent Outflows, Brief Inflow Spikes Consistent Outflows: - Ethereum ($ETH ) ETFs have largely experienced net outflows since their inception, with data showing a significant $341.35 million outflow in the first week, followed by a $169.35 million outflow in the second week. Over this period, total ETF assets dropped from $9.24 billion to $8.33 billion as ETH's price declined by 7%. Brief Inflow Respite: - In the third week, ETH ETFs saw their first and only inflows, totaling $104.76 million. Despite this, the net assets fell further, ending the week at $7.28 billion. Subsequent outflows continued, with current net assets standing at $7.38 billion, representing 2.3% of Ethereum's market cap. BlackRock’s iShares Milestone: - #BlackRock’s iShares Ethereum Trust (ETHA) reached over $1 billion in cumulative net inflows, surpassing the next three largest ETFs combined. However, its net assets rank third behind Grayscale's mini Ether Trust and Ethereum Trust. ETH Price Forecast: - ETH is currently trading at $2,627, up 1% with a 9% increase in trading volume. Its struggle to stay above $3,000 presents a potential buying opportunity, with MVRV ratios indicating possible undervaluation. Investors could benefit if prices rise toward $2,868 but risk losses if it falls below $2,579. Source - beincrypto.com #CryptoMarkets #BinanceSquareTalks

Sony's New Blockchain, Soneium, Partners with #Chainlink 🌻💪 This is a significant development for both Sony and Chainlink ($LINK ). By partnering with @chainlink_official , Soneium is tapping into a well-established and reliable oracle network to provide secure and accurate data feeds for its blockchain. Key Points: 📚👀👇 🔘 Strategic Partnership: Soneium's choice of #LINK underscores the importance of reliable oracles in the blockchain space. 👑 🔘 Enhanced Functionality: Chainlink's infrastructure will play a crucial role in Soneium's adoption and growth. 📈 🔘 Synergy: The combination of Sony's expertise and Chainlink's technology could lead to innovative blockchain solutions. 🚀 What do you think about this partnership? 🤷 How could it benefit the broader blockchain ecosystem? Let's discuss! #Soneium #Sony #Altcoins

Abraxas Capital Shifts $44 Million in ETH, Stakes 10k on Aave

El Salvador buys 1 Bitcoin daily, adds 160 BTC since March 16 !! As per the latest on-chain data, El Salvadoran Government has been steadily accumulating 1 Bitcoin per day for the past five months. This has added 160 BTC to their holdings. Data from Arkham Intelligence shared by analyst Ember CN has disclosed that El Salvador has never missed purchasing 1 Bitcoin every day since the past five months. This dedication has added 160 Bitcoin to their BTC holdings. El Salvador buys 1 BTC every day since March 16 Ember CN mentioned in an X post that the government’s cold wallet hasn’t missed buying 1 Bitcoin every day since March 16. According to Arkham data, the El Salvador cold wallet currently holds 5851 BTC. The value of their Bitcoin holdings was around $355.4 million at press time, as per the current BTC market price. The average cost of purchase is $44,835 and has a floating profit of $93.45 million (+35%). The El Salvadoran government has been on a relentless BTC buying spree despite the volatile price action of Bitcoin. CoinMarketCap data shows that on March 16, Bitcoin was trading at the $69,000 level. The following days witnessed the price move as high as $71,000 before plunging to a low of $49,000 earlier this month. However, just like Michael Saylor, the government stuck to their plan to scoop up 1 BTC per day. #ElSalvadors #ElSalvadorBitcoin #Bitcoin❗ #BTC☀

Astar Network is undergoing a two-phase evolution - Phase 1 has begun. We’re transitioning Astar zkEVM to @soneium L2, an Ethereum Layer 2 developed by Sony Block Solutions Labs - a joint venture by Sony Group and @StartaleHQ. This strategic alignment sets the stage for new advancements and opportunities for our community and stakeholders alike. Astar Evolution consists of 2 phases and for this part, we explain more about the first act of this evolution. Let’s dive in.👇

Ethereum — The Never-Ending Sideways Move (And Why It Could End Soon)! It's day 16. However, it feels like day 116. While Bitcoin had a couple of breakout attempts and many altcoins are soaring, Ethereum is doing literally nothing. This is even more surprising when considering Ethereum's ETF launch. Nevertheless, the ETF trading volume has constantly decreased. As mentioned in other posts, a consolidation like this isn't unusual. On the contrary, it is healthy to build a solid bottom before moving higher. And the move higher could happen sooner than many expect. One essential indicator to watch in this context is the "Market Value To Realized Value" (MVRV). Typically, this indicator provides valuable insights into an asset's upcoming momentum. Regarding Ethereum, the MVRV has reached the "opportunity accumulation zone," defining ETH's current price as undervalued. As a result, Ethereum could follow other altcoins soon and break out of its lengthy consolidation. In this case, 3k should come into play quickly. Moreover, ETF will likely further fuel the uptrend and create additional momentum. $ETH

BITCOIN GOLDEN CROSS ON DAILY TIMEFRAME NEXT 14 DAYS

El Salvador to Educate 80,000 Public Servants on Bitcoin and Emerging Technologies

60 Percent of Global Blockchain Unicorns Reside in the US and Hong Kong

El Salvador Buys 1 Bitcoin Daily, Adds 160 BTC Since March 16

FTX’s Legal Troubles Reach Salame’s Partner

Avalanche (AVAX) Enters a Pre-Bull Run Accumulation Zone: May Form a New ATH in Early 2025

Large Ripple (XRP) Deposits on Binance Has Not Moved the Market 📊

Trump-Inspired Memecoins Soar 40% Amid Rumors Of Endorsement By RFK Jr.

$CYBER is following a strong uptrend. It breaks the 2.5$ resistance with a huge volume. The next target for cyber will be 5.94$ in a shorter timeframe. Bitcoin just needs to stay bullish as of now. Till now we've tracked 690% gains on it.

BlackRock's Ethereum ETF Hits $1 Billion in Net Gains, Nearly Tripling Fidelity !! On Tuesday, BlackRock's iShares Ethereum Trust (ETHA) crossed $1 billion in cumulative net inflows. Notably, ETHA is the first Ethereum ETF to reach this milestone. Fidelity’s Ethereum Fund is the current runner-up to ETHA, with $367 in cumulative net inflows. That’s followed by the Bitwise Ethereum ETF with $310 million net inflows and the Grayscale Ethereum Mini Trust with $227 million net inflows. #MtGoxRepayments #Write2Earn! #CryptoMarketMoves #CryptoNewsCommunity #BinanceSquareFamily

Controversial Crypto Firm Prometheum to Treat Uniswap and Arbitrum's Tokens as Securities !! Prometheum, the SEC-registered digital asset trading and custody firm, announced it plans to add two new "digital asset securities" to its ranks. Uniswap’s UNI and Arbitrum’s ARB tokens. It will provide custodial services for both assets and its existing ETH offering to corporate and institutional investors through its Prometheum Capital subsidy. While Prometheum representatives did not provide any clear reasoning for labelling these assets as securities, they stated they would delist tokens and comply as needed if regulators came out with a contradicting stance. #Write2Earn! #BinanceSquareFamily #CryptoMarketMoves #CryptoNewsCommunity #CryptoMarketMoves

Avalon Labs Supports Babylon LSD Protocols

The Rise of Microcap Memecoins in 2024: Can Pump.fun Sustain Its Success?

HashKEY HSK, an Anticipated Token and Layer-2 Chain Launch

Ryan Salame Seeks To Void Guilty Plea, Says Fed Didn’t Keep Promise !! Ryan Salame, the former FTX executive who pleaded guilty to two felony charges in September 2023, is reportedly seeking to void his guilty plea in the criminal case involving campaign finance and money-transmitting crimes. Salame explained his decision by claiming prosecutors reneged on their agreement not to investigate his fiancée for campaign finance violations. Salame claims he pleaded guilty based on this assurance, but the government has since resumed investigating Bond. Salame’s lawyers also argued that the prosecutor’s tactics of using a third party as leverage to induce his plea was “improper” and “coercive.” They argue his plea should be invalidated on those grounds. #MtGoxRepayments #CryptoNewsCommunity #Write2Earn! #BinanceSquareFamily #CryptoMarketMoves

$IO IOcoin (IO) is a cryptocurrency that has been experiencing a significant increase in value and trading volume. The bullish trend for IOcoin can be attributed to several factors: 1. *Increased Adoption*: Growing acceptance and usage of IOcoin in various industries and applications. 2. *Improving Technology*: Upgrades and developments in the IOcoin protocol, enhancing its scalability, security, and usability. 3. *Market Sentiment*: Positive market sentiment, driven by investors' confidence and enthusiasm for the project. 4. *Partnerships and Collaborations*: Strategic partnerships and collaborations that expand IOcoin's reach and potential. If these factors continue to drive the demand and growth of IOcoin, the bullish trend may persist. Some possible indicators of a continued bullish trend include: 1. *Higher Highs and Higher Lows*: The price of IOcoin continues to break through new highs and establish higher lows. 2. *Increasing Trading Volume*: Growing trading volume, indicating increased interest and participation. 3. *Technical Indicators*: Positive signals from technical indicators, such as RSI, MACD, and Bollinger Bands. Please note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. This is not investment advice, and it's essential to conduct thorough research and consider multiple perspectives before making any investment decisions. For more accurate and up-to-date information, I recommend checking reliable cryptocurrency data platforms, such as CoinMarketCap, CoinGecko, or TradingView.

JUST IN: 🇺🇸 Cryptocurrency Industry has poured $118m into PACs to influence the 2024 Presidential election 48% of all corporate money so far has come from crypto industry - Public Citizen

🚨 BIG BREAKING 🚨 BLACKROCK HAS SURPASSED GRAYSCALE IN TOTAL ON-CHAIN HOLDINGS 👀 #BITCOIN FULL SEND MODE 🚀🚀🚀

🚨 BIG BREAKING 🚨 BLACKROCK HAS SURPASSED GRAYSCALE IN TOTAL ON-CHAIN HOLDINGS 👀 #BITCOIN FULL SEND MODE 🚀🚀🚀

Kamala formally accepts Democrat nomination for President: "For the people." #kamala #TrumpCryptoSupport #Biden #MtGoxRepayments #CryptoMarketMoves

Kamala Harris Supports Policies to Expand Crypto Industry: According to a Bloomberg report, Vice President Kamala Harris’ senior campaign adviser Brian Nelson told the publication that Harris plans to support measures to help the digital asset industry grow. The statement was made during a Bloomberg News roundtable at the Democratic National Convention on Wednesday. He also added that the industry needed "stable rules" following the collapse of crypto firms in the past, suggesting a Harris administration will still be interested in putting in place safeguards. #KamalaHarris2024 #kamala #kamalaHarris #Election2024

Momentum is building for $AIAT, signaling another potential upward move. With Bitcoin staying bullish, it might cross our next target of 1.48$. Leading the way alongside it are $GRT and $OCEAN this time. We observed 320% gains in the previous rally.

Nearly Half of All Corporate Election Spending in 2024 Cycle Comes from Crypto Companies: According to a Wednesday report from corporate influence watchdog Public Citizen, nearly half of all corporate political contributions in the 2024 election cycle came from cryptocurrency companies. Specifically, the report found that crypto companies like Ripple and Coinbase accounted for approximately $119 million out of a total of $248 million in corporate election spending. The vast majority of those donations have been contributions to Fairshake, a non-partisan super-political action committee focused on getting crypto-friendly candidates on both sides of the aisle elected. The Public Citizen’s report claims to be based on data provided by government transparency group OpenSecrets. #MtGoxRepayments #CryptoNewsCommunity #CryptoMarketMoves #Write2Earn! #BinanceLaunchpoolDOGS

The youngest cryptocurrency millionaire is Erik Finman, who became a millionaire at the age of 18.

🚨CRACKDOWN ON ILLEGAL MINING!🚨 Malaysian Authorities Take Bold Action! - Destroyed 985 mining devices worth $450,000 - Confiscated during raids to combat electricity theft since 2022 - Estimated loss from illegal mining: $776 MILLION since 2018 Ille

🚨🚨HOW to withdraw your dogs airdrop to binance in 3 minutes 🚨🚨Dogs will be listening 📢📢#DOGSCommunity #dogsday

FLOKI INU RALLY UPDATE !! The price of FLOKI has rallied by 14% in the past 24 hours. WHY? Simon’s Cat - a new cat-themed memecoin project on the BNB Chain, has announced that it has allocated 20% of the total $CAT supply to the Floki community. The tokens will be distributed to on-chain holders of FLOKI in proportion to their holdings. This seems to be the primary reason for the rally as users attempt to increase their FLOKI holdings. Notably, crypto exchange Binance has also announced its support for the airdrop. Binance will conduct the airdrop based on a snapshot to be taken on 29 Aug 2024 at 23:59:59 UTC. #FLOKISKYROCKET #flokiwarrior #mememcoinseason2024 #Write2Earn! #CryptoMarketMoves

$KSM /USDT Sure, here's a 200-word post on identifying support and resistance in trading: --- **Spotting Support and Resistance in Trading** Support and resistance levels are key concepts in technical analysis that help traders make informed decisions. **Support** is the price level at which an asset tends to stop falling due to increased buying interest. Think of it as a "floor" where the price has historically bounced back. Conversely, **resistance** is the price level where an asset tends to stop rising, as selling interest increases. This acts as a "ceiling," preventing further price increases. Identifying these levels involves analyzing past price action on a chart. For example, if a stock repeatedly falls to a certain price and then rises, that price is considered a support level. Similarly, if a stock repeatedly rises to a certain price and then falls, that price is viewed as a resistance level. Traders use these levels to make trading decisions. A break below support might signal a further decline, while a break above resistance could indicate further gains. However, these levels are not absolute and can change over time. Combining support and resistance with other indicators and analysis can provide a more comprehensive trading strategy. --- This post offers a concise explanation of the concepts, making it suitable for social media or a blog.#MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek {spot}(KSMUSDT)

.@Soneium—a next-gen blockchain by #Sony Group and @StartaleHQ—has chosen Chainlink as its premier launch partner. By integrating the Chainlink platform, Soneium leverages the infrastructure needed to drive adoption as it enters the blockchain industry. https://soneium.org/en/blog/introducing-soneium-by-sony-block-solutions-labs-for-the-future-of-web3/

$KSM has broken out of the falling wedge pattern. 📈 #KSM/USDT #KSM #Binance #ETH #Binance {future}(KSMUSDT)

Former President Donald Trump recently took to his Truth Social platform to promote the documentary

When asked if he would like to see #Bitcoin correlated with gold, Tom Lee responds, “I think Bitcoin is digital gold and that it’s replacing gold, so it should behave like gold over time.”

Nearly half of all corporate political contributions in the 2024 election cycle came from cryptocurrency companies Public Citizen’s report, which was based on data provided by government transparency group OpenSecrets, found that, so far, 48% of corporate election spending has come from crypto companies like Ripple and Coinbase. That’s $119 million out of a total of $248 million. #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #CryptoNews🚀🔥

#DonaldTrump Pushes New #Crypto Platform to Challenge Big Banks and Financial Elites

TRON’s Founder Predicts Banner Year, Eyes Solana

🚀 $AI showing strong bullish signals! Just broke out of a falling wedge & horizontal resistance. Reverse head & shoulders pattern confirms a reversal. 21 MA breakout suggests the bulls are in control. Thanks to all of you who cast your votes every day! Now we have ranked above 50. 👊 Every vote counts, and your support means everything. If we receive the reward, it will be shared with some of my loyal followers. 💯 [VISIT & Vote Quickly | Show Our Strength 💪](https://app.binance.com/uni-qr/cpro/CryptoFamilyRky) 1. Visit my profile 2. Click yellow vote button thanks 🙏 ✅ Falling Wedge Breakout ✅ Horizontal Resistance Breaking ✅ 21 EMA Break & Retest ✅ MACD Bullish Divergence {spot}(AIUSDT) 📍Wait for a retrace and buy in a partially I'm always provide educational & informative content for beginners so don't forget to vote and follow 👀 #MtGoxRepayments #PowellAtJacksonHole #Babylon_Mainnet_Launch

Franklin Templeton brings its tokenized money market fund to Avalanche

Justin Sun’s USDD Stablecoin Loses Bitcoin Backing The move leaves USDD reliant on Tron's native token, TRX, which has surged with a recent meme coin push The USDD stablecoin, issued by the TRON DAO Reserve, has lost its Bitcoin backing with the removal of 12,000 BTC from its formerly listed collateral address. Without the Bitcoin, worth around $726 million, USDD is now primarily backed by TRX, the native token of the Tron blockchain. The move—spotted on X on Tuesday—was made without any apparent official action by the TRON DAO. Responding to reports of the shift, Tron founder Justin Sun said on X (aka Twitter) that what's happening is “not mysterious.” “Any collateral holder can withdraw any amount freely without anyone's approval,” Sun wrote, comparing the operation to that of MakerDAO. He said that USDD was not capital efficiant, and had a “long-term collateralization rate” of more than 300%. “The TRON DAO Reserve plans to spend time upgrading USDD in the future to make it a more competitive decentralized stablecoin in the market,” Sun added. His declaration of the DAO’s plans did not address whether the ostensibly decentralized organization was involved in the change. USDD was originally an algorithmic stablecoin, similar to Terra’s algorithmic stablecoin UST—which spectacularly collapsed in May 2022. It was then converted into a hybrid model where it would be backed by collateral including Bitcoin, TRX, USDT, and USDC. The market cap of USDD, which is pegged to the U.S. dollar, is around $744 million, according to CoinGecko data. It remains among the top 100 cryptocurrencies by market cap—albeit just barely, ranked 96th—and was recently surpassed by a PYUSD, a new stablecoin from PayPal. TRX, now the source of its primary backing, is more volatile, holding on to a top 10 spot excluding stablecoins. Currently trading for $0.15, it has surged in recent weeks as Tron and Sun have leaned heavily into leveraging it as a memecoin marketplace. TRX is up more than double its value a year ago, with a $13.5 billion {spot}(TRXUSDT)

$LISTA is looking bullish today. This time, it has confirmed its support at 0.32$ and is moving ahead toward our subsequent target of 0.54$ with a significant volume surge. Counting on Bitcoin to remain bullish alongside. We've seen 120% growth in the last rally.

Colombia's Regulator Issues Notice to Worldcoin Over Alleged Data Breach !! Colombia's SIC has accused Worldcoin of violating personal data protection laws during its data collection in the country. Penalties could include fines or closure if found guilty. #Colombia #CryptoNewss #MtGoxRepayments #BinanceHODLerBANANA

Ex-FTX Executive's Partner Charged with Campaign Finance Violations !! Michelle Bond, partner of former FTX co-CEO Ryan Salame, has been charged with campaign finance violations, including illegally funding her 2022 congressional run with $400,000 from a crypto firm and making false statements to cover it up. #FTXScamAlert #FTX's #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole

Ethereum Faces Market Challenges Amid Competitive Pressures

OmegaPro Co-Founder Detained in Turkey Over Suspected $4B Ponzi Scheme !! Andreas Szakacs, co-founder of OmegaPro, was arrested in Turkey in July for his alleged role in a $4 billion crypto Ponzi scheme. Authorities seized computers and 32 cold wallets, tracking $160 million in cryptocurrency. Szakacs denied the allegations. #Turkey #Write2Earn! #CryptoNewss #MtGoxRepayments #CryptoMarketMoves

Sony Group And Startale Labs To Launch New Layer 2 Network On Ethereum

Sony Launches Blockchain Network Soneium

Factors Influencing Profitability in 2024 A crypto mining farm’s profitability is mainly determined by several important factors, including the cost of the hardware, energy usage, price of the cryptocurrency, and network difficulty. Understanding these components is crucial in evaluating the feasibility of a mining enterprise. Mining rig acquisitions continue to be expensive. Setting up mining hardware, such as GPUs, FPGAs, and ASICs, comes at a significant upfront cost. However, as technology advances, efficiency and energy usage continue to rise, increasing the viability of initial investments over time. Another important consideration is energy expenses. For mining farms, energy costs are a substantial operational expense. Areas with cheap energy expenses are more advantageous than others. New developments in renewable energy sources and energy-efficient mining equipment contribute to reduced operating costs, which boosts profitability even further. The dynamics of the cryptocurrency market are also quite important. The profitability of mining Bitcoin is heavily influenced by its value. While price reductions can lower revenues, higher pricing can yield more significant returns. Furthermore, the difficulty rises with more miners joining the network, requiring more processing power to provide the same payouts. The regulatory framework also influences mining profitability. It is crucial to abide by national and international laws, notably those about taxes and the environment. Regulations that prohibit, reward, or subsidise the use of renewable energy sources can impact the mining sector and the overall profitability of mining operations. Anyone attempting to determine if a Bitcoin mining farm will be profitable in 2024 needs to be aware of these issues. Bitcoin Halving Outcome on Mining Rewards While Bitcoin is the most popular cryptocurrency mined, understanding its network dynamics can remain critical to mining profitability. The most important event that affects the Bitcoin network is the so-called Bitcoin halving.

Bitcoin Exchange Inflows Plunge Amid Mt. Gox Transfers and US Government Sell-Off Rumors

Sony, Electronics Pioneer Behind Walkman, Starts Own Blockchain 'Soneium'

Bitcoin Is Unstoppable, Google Confirms That the Near-Impossible Process of Stopping Bitcoin Woul...

Sony Group Unveils Its Forthcoming Layer-2 Blockchain Project, Soneium