Bitfarms, a leading Bitcoin mining company, is set to acquire Stronghold Digital Mining in a $125 million merger. This strategic move strengthens Bitfarms' position in the crypto mining industry, boosting its operational capacity and market reach.

$ETH Stablecoin Issuing System M^0 Employs Fireblocks for Crypto Custody • Institutions that use Fireblocks for crypto key management workflows will work seamlessly with M^0’s stablecoin-minting and validation software. • The protocol aims to fill the gap between existing stablecoin systems, where all the yield goes to either the token issuers or the token holders. M^0 (pronounced “M Zero”), a protocol that allows institutions to mint their own stablecoins backed by U.S. Treasury bills, reached an agreement for Fireblocks to provide cryptocurrency custody services to its issuers. Firms using M^0 to mint cryptodollars use private keys to transfer them, update collateral balances, retrieve and burn tokens and interact with other participants in the ecosystem such as validators for checking reserves. Those keys now work seamlessly with Fireblocks' key-management system, the companies said. "We are creating these minter modules and validator modules to be as institutional ready as possible,” M^0 Labs CEO Luca Prosperi said in an interview. “So when a party like a large market maker or trading desk, for example, comes and says they want to become a minter, but have their key management system on Fireblocks, then you can integrate it in a seamless way with them. We are doing this because we think no one is as well equipped as Fireblocks to do such sophisticated workflow and key management systems for crypto assets." M^0 Labs develops the software for the protocol, which is governed by the decentralized M^0 Foundation. The organization also highlights what it says is a unique feature of its business model. The success of stablecoin issuers like Tether, whose USDT is the largest by market cap, and Circle, producer of the No. 2, USDC, have focused attention on the industry and seeded a new crop of dollar-pegged tokens. Those tokens are generally backed by yield-generating reserves, typically U.S. Treasury bills. In existing models either the issuer, such as Tether or Circle, keeps all yield, or the interest payment accrues to the token.

Debate Over OP_CAT's Impact on Bitcoin's Future

Crypto Asset Manager Grayscale Offers AVAX Token Investment in New Avalanche Trust • The Grayscale Avalanche Trust offers investors exposure to the AVAX token, used to pay transaction fees and secure the high-speed, ultra-scalable blockchain. • Grayscale recently introduced a slew of decentralized AI token funds. Cryptocurrency asset manager and exchange-traded funds (ETF) provider Grayscale Investments said it added an Avalanche blockchain token trust to the slew of new products the firm has introduced in recent weeks. The Grayscale Avalanche Trust, announced Thursday, offers investors exposure to the AVAX token, used to pay transaction fees and secure the high-speed, ultra-scalable competitor to Ethereum. Interest in publicly tradeable products linked to cryptocurrencies and the surrounding ecosystem has been growing since January, when the Securities and Exchange Commission (SEC) approved the first bitcoin {{BTC}} ETFs for U.S. trading. Grayscale, the remaining jewel in Digital Currency Group crown, has brought digital assets to conventional investors for a decade through its bitcoin trust, which became one of the first ETFs after approval. The firm also recently uplisted Grayscale Ethereum Trust (ETHE) to an ETF structure. Grayscale, whose new CEO, former Goldman Sachs banker Peter Mintzberg, took over a week ago, now offers more than 20 crypto investment products. The asset manager has lately focused on decentralized artificial intelligence (AI), having introduced an AI-focused digital asset trust, followed by two single asset funds: the Grayscale Bittensor Trust and Grayscale Sui Trust, that will hold the TAO and SUI tokens, respectively. “Through its key strategic partnerships and unique, multi-chain structure, Avalanche is playing a pivotal role in the advancement of RWA tokenization,” said Grayscale’s head of product and research, Rayhaneh Sharif-Askary, in a statement, referring to the process of creating a way of trading real-world assets on-chain. Avalanche’s AVAX token was trading at around $23 at the time of writing. {spot}(TONUSDT)

URGENT UPDATE REGARDING $SYS $SYN $BRETT (Support us vote for me go to my profile and vote 🙏) 1️⃣ SYS (Syscoin) - Decentralized Finance: SYS has experienced a notable decline to $0.1424, representing a 4.88% loss. The recent downtrend indicates negative sentiment, with a potential continuation if SYS breaks below $0.1400. The 4H RSI indicator shows a bearish signal at 38.50, suggesting further losses. Key support levels: $0.1300 and $0.1200. 2️⃣ SYN (Synapse) - Cross-Chain Bridging: SYN has increased to $0.5667, representing a 0.43% gain. Despite its relatively stable price action, SYN boasts a strong community, anticipating potential upward movement post-news or tomorrow. The RSI 4H indicator remains neutral around 52.20. A breakthrough above 55.00 could trigger further gains, targeting the $0.5800 area. 3️⃣ BRETT (Brett Token) - Community-Driven: BRETT has surged to $0.09370, representing a 5.21% gain. The recent uptrend indicates positive sentiment, with a potential continuation if BRETT breaks above $0.09500. The 4H RSI indicator shows a bullish signal at 65.80, suggesting further gains. Key resistance levels: $0.1000 and $0.1050. Community support matters for sustained breaks. 😍If you like our work go to profile vote for us daily to win this creator award. Your generous vote empower us to work more harder, providing you with the best investment advice. They fuel our mission to deliver high-quality content, helping you make informed decisions. Thank you for your support! 🙏 #BTC☀ #Write2Earn! #BinanceTurns7#CryptoMarketMoves #BinanceLaunchpoolDOGS

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$BTC PayPal partners with crypto bank Anchorage Digital to offer stablecoin rewards—despite murky legal rules When PayPal joined the stablecoin wars in August 2023 with its dollar-backed PYUSD, the crypto industry celebrated the entrance of a TradFi company into a competitive arena dominated by crypto-native firms Tether and Circle. But a year after its launch, PYUSD is still lagging behind its competitors with a market capitalization of less than $1 billion, paling in comparison to Tether's $117 billion. In a bid to increase adoption, PayPal is partnering with Anchorage Digital—the only U.S. crypto firm to hold a bank charter—to offer rewards to Anchorage Digital's user base of accredited investors who hold PYUSD at its U.S. bank, its Singapore subsidiary, or by means of its noncustodial wallet Porto. But the launch of the program also raises questions about the regulatory uncertainty around stablecoin interest payments, as the growing asset class remains a jump ball between different U.S. agencies and Congress drags its feet on passing legislation. Anchorage Digital insists that PYUSD and the rewards program do not constitute a securities offering nor fall under the jurisdiction of banking regulators. Still, the product is charting new territory. "This is the first time a bank is getting involved in the crypto rewards slash interest ecosystem, and that's really new," said Todd Phillips, a banking and administrative law professor at Georgia State University, in an interview with Fortune. The fine print While stablecoins can be tied to any underlying asset, such as the euro or precious metals, it is U.S.-dollar-backed products like Tether and USDC that have exploded in popularity over the past few years. Tether has found success targeting investors outside the U.S. who want to hold dollar-pegged assets, while USDC issuer Circle has focused on crypto app users who want to transact with a stablecurrency. In the current era of higher interest rates, the assets that back the stablecoins—typically U.S. Treasuries.

Your Brain is Lying to You. 🤑 That's the harsh reality of trading. Our minds love to create narratives and find patterns where none exist. To beat the market, you need to become a detective. Question everything, from the latest news to your own gut feelings. Remember, the market is a casino with infinite decks. Don't let your emotions or biases deal you a losing hand.💪 #CryptoNewss #CryptoTrending #TradingMadeEasy

$POLYX is commanding attention today after confirming support at 0.15$. It is gearing up for an impressive upward movement, with its next target being 0.47$. If momentum weakens, there's solid support at 0.12$. Previously, we've seen 340% gains on it.

🚀 Introducing @FILBuilders: The catalyst for builders on Filecoin! As an independent public goods DX team, FIL-B is dedicated to enhancing the dev experience with resources, guidance & community support. Discover how FIL-B can empower your project: https://filecoin.io/blog/posts/introducing-fil-b-the-catalyst-for-builders-on-filecoin/

Bitcoin L2 Stacks has the highest amount of organic active DeFi users thanks to a thriving Bitcoin ecosystem 🧡 Win from a 10,000 $STX prize pool by trying out different apps in our ecosystem 🟧 2 days left to join! Don't wait 👇 (more info in thread) https://stacksstreets.com/

Visit the Better app platform and learn how we're tokenizing simple actions and rewarding users to drive real-world change. The future is blockchain! 🔗http://vebetterdao.org

Extra $ARB rewards for two weeks! 😍 🔥 $ezETH - $wstETH 🔥 $weETH - $wstETH Special Thanks @LidoFinance @Balancer @AuraFinance @RenzoProtocol @Ether_fi @Arbitrum Beefy Devs And You ♥

🏦⛓️ What is @Securitize's role in the @BlackRock BUIDL fund?

Tune in to learn what changes @carlosdomingo would make to our high-level 'Asset Tokenization' framework. v2 of it coming soon... ✍️🧮 What Is Asset Tokenization? Asset tokenization refers to the representation of an asset outside of its ledger of origin (and authority). For simplicity, let’s divide process of asset tokenization into five steps: 1⃣ Original asset: Stock, bond, real estate, cryptocurrency, NFT, token, etc. 2⃣ Ledger of origin: State-governed registries, corporate databases, blockchains, etc. 3⃣ Token issuer: Regulated entity, DAO, or immutable smart contract. 4⃣ Destination ledger: A ledger with improved and/or complementary functionality vs. the ledger of origin. 5⃣ Tokenized asset: A more performant (and risky) representation of the original asset. Why Is Asset Tokenization Needed? 1⃣ The original assets tend to have limited use cases and distribution, and therefore also limited value creation opportunities. 2⃣ The ledgers of origin for these assets tend to run on legacy tech and/or in isolated environments. 3⃣ The token issuers capitalize on the opportunity to expand the reach of the original assets from their ledgers of origin to new destination ledgers. The token issuer introduces a new layer of intermediary risk (custody, reserve management, etc.) for the end users of the tokenized assets. 4⃣ The destination ledgers tend to offer more digitized, performant, interoperable, and auditable environments for the original assets. 5⃣ The tokenized assets unlock new use cases, distribution channels, and scaling & value creation opportunities for the original assets (and for the token issuers & the end users).

Master the Art of Selling in Crypto 99% of traders don't know when to exit the market!

Tim Draper leads $2.5 million funding round for crypto startup Ark Labs (Reuters) - Ark Labs, a three-month old startup developing solutions to speed up bitcoin transactions and lower costs, has raised $2.5 million in a pre-seed funding round led by billionaire investor Tim Draper. Besides venture capital firm Draper Associates, Fulgur Ventures, Axiom Capital and angel investor Stephen Cole also participated in the round, the startup said on Thursday. WHY IT'S IMPORTANT The funding underscores Silicon Valley's growing interest in the companies seeking to make crypto, particularly bitcoin, a mainstream mode of payment. The world's biggest cryptocurrency has grown into a formidable asset class, with billions of dollars in inflows from traders, particularly after exchange-traded funds tracking its price were approved in January. However, some analysts say bitcoin will need to have more utility to sustain its high level of interest. Ark said it will use the funds to expand its team and enhance its technology. CONTEXT Draper, who founded Draper Associates in 1985, has also invested in SpaceX, Tesla, Coinbase and Robinhood. He also led a funding round in bitcoin lending company Zest Protocol in May. KEY QUOTES "Today, we have to focus not only on how to buy and store bitcoin but how to use it as a medium of exchange for everyday purposes," Draper said. Ark allows for "seamless bitcoin payments," he added. "Bitcoin adoption faces a strong headwind until any non-technical person can safely achieve exposure," said Henry Robinson, co-founder of crypto mining firm Decimal Digital Currency. As mature investors and mature capital with longer timeframes grow their positions in bitcoin, the asset class will mature and their approach will trickle down to individual asset and fund managers." {spot}(XRPUSDT) $BNB

[VOTE AND EARN 5 DOLLARS](https://app.binance.com/uni-qr/cpro/CryptoPrincess?l=en&r=359246578&uc=app_square_share_link&us=more) 🍀💸 Saying "The risk of 'short squeeze' has increased in Bitcoin", K33: We can see sharp movements Crypto research firm K33 Research wrote that open positions have increased sharply while funding rates are hovering at negative levels, creating a favorable ground for a short squeeze. According to crypto research firm K33 Research, there are signs that the risk of a short squeeze in the derivatives market that could trigger sharp rallies in Bitcoin is increasing. The company, which tracks the funding rates of Bitcoin-based futures contracts, pointed out that the seven-day average annual funding rate was the lowest since March 2023, when bank bankruptcies in the U.S. shook the market. According to the news of Bloomberg, the note published by company analysts Vetle Lunde and David Zimmerman said, "While the funding rates were at average negative levels over the past week, the open position has increased sharply. This shows that there is an aggressive deficit and that there is a structurally suitable ground for 'short squeeze'.” They commented. Stating that the open position size increased equivalent to 29 thousand BTC last week, and the average funding rate was minus 2.5 percent yesterday, the analysts said, "In addition to the negative funding rate, such a rapid increase in open positions is a relatively rare situation." Short squeeze refers to the rush of investors in a short position in that asset to reduce their losses as a result of the rapid rise in the price of an asset in the financial markets. This causes the price of the asset to increase even more. #Laraxenteam #laraxen #LaraxenFamily

PayPal’s PYUSD Introduces Interest Rewards With Anchorage Bank Partnership

Are Tron Memecoins the next 100x opportunity? The Tron network launched the SunPump platform for memecoins on August 9.   SunPump is the first meme fair launch platform on Tron.   ➜ The platform has already launched over 20,000+ #memecoins. ➜ Revenue from token launch (sunpumpememe revenue): 7,913,912 $TRX, i.e., $1.14 million. Since the launch of SunPump, TRX has pumped 35%.    TRX 24-hour volume is up 128.49%.   Sunpump had more transactions in the last 24 hours than Pumpfun.   The Tron chain is now the #1 chain in terms of generating revenue in the last 24 hours. Only time will tell how the Tron memecoin hype will go  👀👀   But always remember that trend is your friend.   This is not a sponsored post. #NFA. , #TRONMEMECOIN #SunPump #MemeCoinMania #cryptoopportunity

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$PONKE took another breakout. The way it is moving ahead, possibly this memecoin will cross the next target of 0.78$ if Bitcoin stays bullish too. $DEGEN and $TOSHI memecoins are expected to lead the way. We've previously noted a 640% gain from it. #memecoins

CryptoPunks leads NFT sales with US$1.29 million CryptoPunks make it three straight by topping CryptoSlam’s daily non-fungible token (NFT) sales chart with US$1.29 million on Wednesday. CryptoPunk’s streak comes as community members speculate that the iconic NFTs are declining in value. This week, investor Deepak Thapliyal announced the sale of Punk #5822, which was once valued at US$24 million. Thapliyal unloaded the CryptoPunk for an undisclosed amount, but community members speculate that it was sold at a loss for around 5,000 Ether (US$12.8 million). CryptoPunks witnessed a total of 15 transactions Wednesday, involving 11 unique buyers and 13 sellers, with an average sale price of US$86,582. CryptoPunks’ performance on Wednesday pushed its all-time sales volume, elevating it to US$2.87 billion, which ranks it third in the market. The NFT with the second-highest all-time sales also secured the day’s second spot. Bored Ape Yacht Club recorded US$861,724.21 across 26 transactions. In third place, Mythos Chain’s DMarket had US$738,879 in sales and a massive 25,578 transactions while Pudgy Penguins came in fourth with US$587,545 in sales. Guild of Guardians Heroes and Mutant Ape Yacht Club followed closely, generating US$464,522 and US$433,094 in sales, respectively. Ethereum, the blockchain hosting CryptoPunks, led all blockchains in sales with US$6.46 million. $USDC

Why the U.S. might start holding bitcoin in its federal reserve As bitcoin continues to gain global recognition, the idea of governments holding a strategic reserve of the cryptocurrency is sparking intense debate. Roundtable anchor, Ron Nelson, dives into this concept with Sam Price, host of Crypto Lifer, and Nick Hansen, CEO of Luxor. The discussion centers on whether the U.S. government's potential move to hold 5% of all bitcoin is a smart strategy or a cause for concern. Nelson kicked off the conversation by highlighting the proposed Bitcoin Act from Senator Lummis, which aligns with the idea of a strategic bitcoin reserve. He pointed out that figures like Trump and RFK Jr. have also supported this notion. Nelson questioned whether it's wise to let a government hold such a significant portion of bitcoin, considering the potential impact on its price. Sam Price responded by acknowledging the duality of the situation. He argued that while it might seem concerning to give the government such power, it could also be a necessary step in the evolution of how governments interact with blockchain technology. Price emphasized the importance of transparency, suggesting that if the government were to hold bitcoin, the process should be fully visible to the public. Nick Hansen echoed the call for transparency but remained skeptical of the government's intentions. He pointed out that bitcoin, by its very nature, is not a government-controlled asset but rather a form of "freedom money." Hansen argued that while the government's involvement could be seen as a testament to bitcoin's power, it also underscores the need for vigilance in preserving the cryptocurrency's decentralized nature. Nelson concluded by reflecting on the rapid evolution of bitcoin, noting how it has transformed from an underground experiment into a potential strategic asset for world powers. He expressed both admiration and caution, recognizing the potential benefits for the U.S. while also acknowledging the risks of government control over such a critical asset. $BNB $SOL

🚗💡 California DMV Goes Crypto! 🚗💡 In a plot twist straight out of a sci-fi movie, the California DMV is moving vehicle titles to an Avalanche (AVAX) subnet. While it sounds like innovation, some argue it's more like putting a square peg in a round hole. Why? Because private blockchains controlled by a single entity might just be glorified databases. Sure, blockchain promises transparency, but services like Carfax have been doing that for years. And let's be real, do we want hackers legally stealing cars? What do you think? Drop your thoughts below! 👇

🚀 Argentina is on the cusp of a crypto revolution! 🇦🇷 Amid economic turmoil, the Crecimiento movement is uniting crypto enthusiasts, entrepreneurs, and innovators to reshape the economy. With President Javier Milei's support, Buenos Aires' Aleph pop-up city is buzzing with over 2,000 global leaders launching startups and fueling innovation. From stablecoins combating inflation to DeFi platforms providing global market access, Argentina is proving crypto can be a viable alternative. Join the conversation and share your thoughts on Argentina's crypto journey! #Crypto #Argentina #Innovation What’s your take on Argentina’s crypto future? 💬👇

**Argentina's Crypto Renaissance: A New Economic Frontier** Argentina is on the verge of a tech revolution, leveraging crypto to combat economic instability. Amid soaring inflation and debt, the Crecimiento movement is uniting crypto enthusiasts and innovators to reshape the economy. Key Highlights: - Buenos Aires hosts Aleph, a month-long pop-up city with 2,000+ global founders and investors. - Argentina ranks 4th in global crypto adoption, with over 50% of the freelance economy powered by crypto. - President Javier Milei supports crypto-friendly reforms, attracting foreign investments. Join the conversation! How do you see crypto transforming economies? 💬 #CryptoArgentina #TechRevolution

🚀 Bitcoin Community Buzzing Over OP_CAT! 🚀 The Bitcoin developer community is abuzz with excitement over OP_CAT, a proposed soft fork change that could be Bitcoin's next big leap. 🌟 However, BitVM creator Robin Linus has raised some eyebrows with his latest article, "Prevent the CATastrophe," where he debunks common misconceptions about OP_CAT. Linus warns that OP_CAT might introduce risks to Bitcoin's network security and miner incentives. While supporters argue that the change involves minimal code and reintroduces old tech, Linus counters that its full impact is unpredictable. 🤔 One major benefit touted for OP_CAT is its potential to enable covenants (conditional payments) on Bitcoin. Yet, Linus believes other opcode proposals might be more efficient. Despite this, OP_CAT supporter Bob Bodily insists it offers broader functionality and could even enhance Linus's own BitVM model. Stay tuned, Bitcoiners! The debate over OP_CAT's future is just heating up. 🔥

From Chaos to Crypto: the Crecimiento Movement Igniting Argentina

**News Flash: California DMV Adopts Blockchain for Vehicle Titles** In a bold move, the California DMV announced plans to shift vehicle titles to an Avalanche (AVAX) subnet. This initiative aims to leverage blockchain technology for enhanced traceability and transparency. However, critics argue that a private blockchain controlled by a single entity offers little more than a traditional database. While permissionless networks like Bitcoin and Ethereum provide robust, interference-free systems, the DMV's approach may not fully capitalize on blockchain's potential. Despite this, the push for digitization and improved efficiency in vehicle title management is a step forward.

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Well Executed 1:3 Risk-Reward Strategy: Capitalizing on #CAKE/USDT Breakout $CAKE {spot}(CAKEUSDT) {future}(CAKEUSDT) The CAKE/USDT trading pair has shown a strong upward move after consolidating around the support zone of $1.529 to $1.626. The price has broken out and surged to $1.921, highlighting a well-executed trading plan with a favorable risk-reward ratio of approximately 1:3. In this setup, the risk zone (the red area) represents the potential downside, which was effectively minimized, while the green zone showcases the substantial upside potential that was captured during the breakout. Traders who identified this opportunity and executed their trades accordingly have successfully managed their risk while capitalizing on the bullish momentum. This successful execution of a strategic trading plan underlines the importance of patience and precise entry points. The breakout above the consolidation zone provided a clear signal for further gains, which has now materialized into significant profits. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Cryptocurrency trading carries a high level of risk and may not be suitable for all investors. Always conduct your own research before making any trading decisions. #6thTrade #BecomeCreator #Market_Update #MarketSentimentToday

Phala just released a new article titled Addressing Trust Issues in Decentralized AI Infrastructure. Discover how Phala's advancements in #TEE technology are paving the way for secure, scalable, and reliable AI-powered blockchain applications: https://t.co/mEZ3D1JGze Check out the highlights from the article in this 🧵.

✧ A RARE STEAL ✧ “Family Road Trip” by @nathanabauman ➤ 2,500 RARE list price ➤ 0.2 ETH reserve price The photographs that comprise the series “American Reminiscence” were made in small towns, and cities across the rural American countryside that have often been forgotten. These images act as an exploration of a past life, while serving as a beacon to future generations. Edition: 1 of 1 Bar Harbor, Maine, c. 2023 ↳ ˗ˏˋLINKˊˎ˗ ↴

$MOG is increasing in popularity, and it could possibly lower its price by dropping a zero. Assuming Bitcoin continues to do well. Both $DEGEN and $COQ will significantly influence this trend. Before, we've tracked 24x gains on it. #Memecoins

4 Bitcoin Related Stocks in Focus as Fed Readies Rate Cut Cryptocurrencies have suffered lately owing to the broader market selloff earlier this month, triggered by fears of a recession. However, fears have alleviated over the past two weeks, following the release of a spate of positive economic data that showed the U.S. economy is still holding strong. On Aug 21, Bitcoin (BTC) rebounded from its earlier lows and was trading above $60,770 after the release of the minutes of the Federal Reserve’s Federal Open Market Committee (FOMC) meeting that hinted at the first rate cut in September. This is likely to give Bitcoin a boost, as lower interest rates generally benefit growth-oriented assets, such as technology stocks, consumer discretionary goods, and cryptocurrencies. Given this situation, Bitcoin-oriented stocks like NVIDIA Corporation NVDA, Interactive Brokers Group, Inc. IBKR, Robinhood Markets, Inc. HOOD and Block, Inc. SQ are likely to benefit once the crypto rally resumes. Rate Cuts to Help Crypto Market The minutes of the FOMC’s July meeting revealed that the Federal Reserve is gearing up to start its easing cycle with a likely 25-basis point rate cut in September. The likely rate cut stems from the Federal Reserve’s confidence that the U.S. economy continues to be resilient and inflation is declining significantly to reach its 2% target. Lower interest rates typically decrease the opportunity cost of holding assets that don’t generate yields, like Bitcoin and other cryptocurrencies. In an environment with lower interest rates, investors are more likely to pursue assets that offer higher potential returns, even if they carry more risk. This shift makes cryptocurrencies, known for their historical volatility and potential for significant returns, more appealing to a wider range of investors. Bitcoin on Track to Rebound Bitcoin had a strong run in the first half of this year after a solid 2023. Bitcoin hit a record high of $73,750 on March 14.

DOGE/USDT at Key Decision Point $DOGE {future}(DOGEUSDT) {spot}(DOGEUSDT) #DOGE/USDT is currently trading around 0.10495 with a small increase of 0 11 percent The price is showing signs of consolidation as it hovers near the 200-period moving average at 0.11320 indicating potential resistance at this level The Relative Strength Index RSI is at 53 52 suggesting the market is in a neutral state neither overbought nor oversold. The Moving Average Convergence Divergence MACD shows a slightly positive histogram indicating a weak bullish momentum. Bullish Scenario If DOGE/USDT can break above the 200-period moving average and sustain its position above 0.11320 it could signal a continuation of the upward trend with the next resistance level at 0.11185 Bearish Scenario If the price fails to break above the 200-period moving average and falls below the support at 0.09812 it could indicate a continuation of the bearish trend with the next target support around 0 09607 DOGE/USDT is in a consolidation phase with the 200-period moving average acting as a critical resistance level The market is showing a weak bullish momentum but caution is advised as the price approaches key resistance and support levels Disclaimer This analysis is for educational purposes only and should not be considered financial advice Always do your own research before making any investment decisions #6thTrade #MarketSentimentToday #Marketupdate #BecomeCreator

🚀 Exciting times at Binance! We sat down with Richard Teng, the new CEO, who’s steering the ship post-CZ. Teng, a former regulator, is focused on compliance and decentralization, making Binance a board-led organization. 🌍 Key takeaways: 1️⃣ No IPO plans for Binance—strong financials keep them steady. 2️⃣ Still no decision on a global HQ, but it's crucial for regulatory assurance. 3️⃣ Binance’s global reach is complex, with 19 licenses worldwide, but challenges like the detention of Tigran Gambaryan in Nigeria persist. What do you think about Binance’s new direction? Drop your thoughts below! 👇 #Crypto #Binance #Blockchain

**News Flash: Binance's New CEO Richard Teng Talks Future Plans and Challenges** Big changes are afoot at Binance! Richard Teng, the new CEO, recently shared insights with CoinDesk about the future of the world's largest crypto exchange. 🚀 - **Leadership Shift**: Teng, a former regulator, emphasizes Binance's transition to a decentralized, board-led structure, distancing from founder CZ's hands-on approach. - **Compliance Focus**: With a background in regulation, Teng is steering Binance towards stronger compliance, especially on money laundering issues. - **Global HQ**: Binance is still undecided on a global headquarters, weighing regulatory and tax implications. - **No IPO Plans**: Despite market rumors, Binance isn't eyeing an IPO anytime soon, citing strong financial health. - **U.S. Market**: No immediate plans to re-enter the U.S. market, but Teng remains interested in the evolving landscape. What do you think about Binance's new direction? Share your thoughts in the comments!

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Meeting Binance CEO Richard Teng

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⭐️ Altcoins Flash Bullish Signal: Falling Wedge Breakout Looms The altcoin market is hinting at a potential breakout, as indicated by a falling wedge pattern forming on the dominance chart. This technical formation often precedes a bullish reversal, suggesting a potential surge in altcoin prices. 💬 Altcoins are on the verge of breaking out of a 9-month falling wedge. Time for the bulls to come back with full force. — 𝕄𝕠𝕦𝕤𝕥𝕒𝕔ⓗ𝕖 This bullish outlook is further supported by the oversold RSI and a bearish crossover on the MACD, suggesting a weakening downtrend. If the market breaks out of the falling wedge, altcoins could see a significant rally, similar to past instances in 2020 and 2023. However, a failure to break out could lead to continued consolidation and a delayed bullish move. Moustache recently posted on X about this potential bullish move, noting that altcoins are poised to break out after a long decline. The post emphasizes the importance of watching this market closely, as a breakout could signal the return of the bulls. A falling wedge pattern features lower highs and lower lows, forming converging trend lines that suggest decreasing selling pressure. Historically, this pattern comes before a bullish reversal, which could mean the altcoin market is gearing up for a significant upward move. As the recent chart shows, altcoin dominance has been consolidating near the lower trendline of the wedge, suggesting the market is on the cusp of a breakout. #Altcoins #Crypto

What will be the listing price of DOGS? As excitement grows around the DOGS Token, analysts are making a range of predictions about its price trajectory. Initially, some experts estimate a starting price of around $0.00055. The token could see significant volatility in the early days. DOGS could potentially soar to highs of $0.00825, although fluctuations are expected before stabilizing around $0.0020625. Despite the speculative nature of these forecasts, the DOGS Token’s recent exchange listings and the community’s enthusiasm indicate a promising outlook. DOGS Token is not just another memecoin; it’s a dynamic and rapidly growing project with deep ties to the Telegram ecosystem. With its community-first approach, innovative tokenomics, and upcoming airdrop, DOGS Token is well-positioned to become a significant player in the memecoin space. #MtGoxRepayments #BinanceLaunchpoolDOGS #PowellAtJacksonHole #Signal #SignalAlert

$BTC Crypto for Advisors: Are Crypto SMAs Right for Institutions? There’s no doubt crypto ETFs have made a splash since their U.S. debut earlier this year, with potentially record-breaking growth. In today’s issue, Leo Mindyuk, CEO of ML Tech, looks at the differences between investing in crypto via Separately Managed Accounts (SMAs) and ETFs. Then, CoinDesk Indices Kim Greenberg Klemballa answers questions about SMA ownership and adoption in ‘Ask an Expert.’ The Advantages of Actively Managed SMAs over Crypto ETFs for Institutional Investors Crypto Goes Mainstream Earlier this year, cryptocurrencies made a great leap toward mainstream adoption as the U.S. Securities and Exchange Commission finally approved trading U.S. exchange-traded funds (ETFs) that track spot bitcoin and ether. This meant that, for the first time, investors could trade regulated Bitcoin and Ether spot-based instruments on regulated U.S. exchanges. More importantly, it meant that crypto had finally gained the imprimatur of securities regulators and was no longer considered some sort of rogue investment, bought and sold only by technology fanatics. Crypto SMAs vs ETFs As a result, millions of novice investors are getting their first taste of crypto by buying bitcoin and ether ETFs. But for more experienced institutional investors, are ETFs the best way to invest? Separately Managed Accounts, or SMAs offer significant advantages over ETFs for institutional investors to invest in crypto via actively managed accounts. SMAs’ Benefits Over Crypto ETFs What Are SMAs? Crypto SMAs are portfolios of digital assets managed on your behalf by a professional investment manager. This last part – “professional investment manager” – is particularly important with crypto. Crypto is still new, in some ways, crypto doesn't trade in the same ways as stock does. Plus, crypto “fundamentals” don’t refer to earnings and accounting metrics but rather to a whole set of new metrics related to usage, their issuing blockchain, individual activity (which can be seen) of huge holders.

MakerDAO Rolls Out MKR And DAI Token Upgrade, But There’s A Catch

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1/ The race for the 2024 presidency is on. Politics and predictions are getting hot🔥 Kamala Harris gaining on Donald Trump? Implications for crypto? Tune into tomorrow's The Aggregated 𝕏 spaces for more. 📆 Episode 76: August 23, 3:00 PM UTC https://x.com/i/spaces/1rmGPojypMyKN

⬡ Chainlink Data Story ⬡ #Chainlink Data Streams have secured over $56B in volume for the @GMX_IO V2 protocol. Data Streams’ low-latency delivery of high-quality market data has supercharged GMX's perpetual markets across @arbitrum and @avax.

Xai Foundation Teams Up With Gauntlet to Improve Governance and Treasury Management

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