**News Flash: Nigerian Binance Exec Faces Health Crisis Amid Detention**
Tigran Gambaryan, a Binance executive, has been detained in Nigeria for six months over alleged financial crimes totaling $34 million. His family reports severe health deterioration due to untreated medical conditions, including a herniated disc and spinal injury, leaving him unable to walk. They claim Nigerian authorities have denied him proper medical care and restricted legal visits, which violates Nigerian laws. Gambaryan also suffers from severe tonsillitis due to untreated malaria and pneumonia. Despite these challenges, Nigeria's SEC plans to issue licenses for cryptocurrency exchanges, signaling growth in the country's crypto economy.
The bull market has already started and here are are five best meme coins which you should have at least two in your portfolio
1. Dogecoin (DOGE):
Originally created as a joke in 2013, Dogecoin has grown to become a major player in the crypto market. Dogecoin gained mainstream attention through endorsements from celebrities like Elon Musk. Itâs used primarily for tipping and charitable donations.
2. SHIBA INU (SHIB):
Dubbed the "Dogecoin killer," SHIBA INU was launched in August 2020 and quickly gained a massive following. It operates on the Ethereum blockchain and has its own decentralized exchange called ShibaSwap. SHIB's ecosystem includes LEASH and BONE tokens, contributing to its growing popularity.
3. Floki Inu (FLOKI):
Inspired by Elon Muskâs dog named Floki, this coin aims to combine memes with real-world use cases. The Floki Inu team is working on a range of projects, including an NFT marketplace and a metaverse game. Its community-driven approach and active development have attracted many enthusiasts.
4. Bonk (BONK):
Bonk is one of the latest meme coins to capture attention. With its catchy name and playful branding, Bonk is positioning itself as a fun alternative in the meme coin space. While itâs still early days for Bonk, its growing community suggests it could be one to watch.
5. Pepe (PEPE):
Named after the famous internet meme character Pepe the Frog, Pepe coin aims to bring the humor and culture of memes to the cryptocurrency space. It leverages the recognizable and beloved image of Pepe to build a community focused on fun and creativity.
please guys remember to vote for me [click this link to vote for me guys](https://app.binance.com/uni-qr/cpro/Square-Creator-9b1496987?l=en&r=305310043&uc=app_square_share_link&us=copylink)
Is #SEI/USDT Heading for a Bullish Continuation or a Pullback
$SEI
{spot}(SEIUSDT)
{future}(SEIUSDT)
The SEI/USDT pair is currently trading around 0.3575, showing a recent strong bullish move after bouncing off the support level at 0.3063. The price has moved above the 200-period Simple Moving Average (SMA) at 0.2992, suggesting a potential trend reversal from bearish to bullish. The Volume-Weighted Average Price (VWAP) is at 0.3361, below the current price, indicating bullish momentum.
The Relative Strength Index (RSI) is at 68.83, nearing the overbought zone, which signals strong buying pressure but also suggests caution as the price approaches overbought conditions. The MACD shows a bullish crossover with the MACD line above the signal line and a positive histogram, reinforcing the bullish sentiment.
Bullish Scenario:
If the price sustains above the immediate resistance at 0.3575 and breaks the next key resistance at 0.3800, it could lead to a continuation of the bullish trend. This move would confirm a breakout above the long-term resistance, potentially targeting the 0.4000 psychological level.
Bearish Scenario:
Conversely, if the price fails to break above the 0.3575 resistance and starts declining, a drop below the support level at 0.3361 could signal a bearish reversal. Further downside could lead to testing the support at 0.3063, and a break below this level could resume the bearish trend.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any trading decisions.
#6thTrade #MarketSentimentToday #BecomeCreator #Market_Update
Before v0.13.2, Starknet faced a tradeoff between:
đșMore frequent blocks, which meant higher costs
đșLower costs, which meant less frequent blocks
This situation happens because each Starknet L2 block has a fixed L1 cost. So, more L2 blocks meant more L1 costs. Yeah, completely rekt
But thatâs no longer the case with Block Packing, thanks to a new data structure called SNAR tree đ
In these trees, each leaf is a Starknet block. These leaves are continuously merged at each level of the tree until we get to the root, which represents the merged state transitions of all the blocks. This root is then sent to SHARP (our shared prover), which creates a STARK proof and sends it to Ethereum for verification.
TL;DR: Block Packing solves the tradeoff, letting us have the best of both worlds: increase L2 blocks without adding extra L1 costs!!
Starknet v0.13.2 coming on mainnet in 2 daysđ
#OGNUSDT Approaches Overbought Zone
$OGN
{spot}(OGNUSDT)
{future}(OGNUSDT)
The OGN/USDT pair is currently trading around 0.0946, showing signs of bullish momentum after breaking above the 200-period Simple Moving Average (SMA) at 0.0837. This upward movement suggests a potential reversal from the previous downtrend to a more bullish outlook. The Volume-Weighted Average Price (VWAP) is at 0.0935, which aligns closely with the current price, indicating consolidation near recent highs.
Bullish Scenario:
The Relative Strength Index (RSI) is at 69.28, approaching the overbought territory, indicating strong buying pressure.The Moving Average Convergence Divergence (MACD) shows a bullish crossover, with the MACD line above the signal line and a positive histogram, reinforcing the bullish bias.If the price continues to rise and breaks above the resistance level at 0.1048, it could signal further upward movement towards the next resistance at 0.1100.
Bearish Scenario:
On the downside, if the price fails to maintain above the current support level at 0.0883 and drops below 0.0802, it could signal a potential return to bearish momentum.A break below the 200-period SMA could further confirm a bearish trend, with potential targets around 0.0700 or lower, depending on the selling pressure.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.
#6thTrade #MarketSentimentToday #Market_Update #BinanceBlockchainWeek
Get ready! The next big return opportunity could be just around the corner, and itâs time to pay attention to whatâs happening with FLOKI and AVAX.
[vote for me](https://app.binance.com/uni-qr/cpro/CryptoMystique?l=en&r=146259817&uc=app_square_share_link&us=copylink)
FLOKI: Currently, FLOKI is hovering just below the 200-day EMA on the daily chart, but thereâs a strong bullish signal on the horizon. FLOKI recently broke through a significant double bottom pattern, and this breakthrough is holding steady. This is a clear sign that something big could be coming.
Adding to the momentum, FLOKI has partnered with SimonsCatMeme to launch a reward program for trading CAT tokens using FLOKI trading bots. This collaboration not only energizes the FLOKI community but also brings fresh growth opportunities to its ecosystem. With 1.5% of the CAT supply allocated to incentivize users, traders using the Floki Trading Bot could earn back, or even exceed, their trading fees. This initiative could be the fuel that drives FLOKIâs future success.
AVAX: Grayscale, the largest crypto asset management company globally, recently announced a major move, offering investors a new way to invest in AVAX. This move signals Grayscaleâs strong confidence in AVAXâs potential, drawing even more investor interest.
While AVAX hasnât fully escaped the pressure of the 200-day EMA on its daily chart, its overall trend remains positive. If AVAX can break through the critical resistance level at $24.70, it could open up a path to $25.50 or even higher. Market sentiment suggests that AVAX might even reach the $50 mark soon, making it a key player to watch in the coming days.
#BinanceLaunchpoolDOGS #TelegramCEO #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek
**News Flash: Telegram CEO Arrest Shakes Crypto Community**
Telegram co-founder and CEO Pavel Durov was arrested in France on August 24, causing an immediate drop in Toncoin's value. The arrest has broader implications for the crypto industry, which heavily relies on Telegram for community building and project launches.
Tim Kravchunovsky, CEO of Chirp, warns that this move by French authorities could be seen as an attack on free speech and decentralization, core values of the Web3 ecosystem. Concerns are rising about potential government overreach and the crackdown on privacy-oriented technologies essential for crypto operations.
Telegram is known for its resistance to government censorship, though its end-to-end encryption is not a default setting, raising concerns about data security. Critics argue that the platform's encryption practices are difficult for non-experts to enable, making it less secure than alternatives like Signal.
French authorities claim Durov's arrest is linked to criminal activities facilitated through Telegram, such as drug trafficking and terrorism. This has sparked fears of increased surveillance and censorship.
The arrest has sent shockwaves through the tech community, prompting some industry leaders to reconsider their operations in Europe. The incident highlights a growing global conflict between government regulation and the advocacy for privacy and decentralized technology.
Top Performers and Underperformers to Watch
1. POPCAT
- Weekly Gain: +77.43%
- Price Trend: POPCAT saw remarkable growth, starting the week at $0.40, surging to $0.75 by week's end. Significant spikes on August 22nd and 23rd drove its bullish momentum, reflected in an RSI above 60.
- Market Cap: $718 million
- Trading Volume: $91.3 million (down 40%)
2. FET
- Weekly Gain: +46.81%
- Price Trend: Starting the week at $0.80, FET climbed to $1.20. Despite the price surge, trading volume decreased by over 20%.
- Market Cap: $3.1 billion
- Trading Volume: $213 million
3. 1000SATS
- Weekly Gain: +46.81%
- Price Trend: SATS rose from $0.00028 to $0.0004, experiencing steady gains, particularly on August 23rd.
- Market Cap: $826 million
- Trading Volume: $176 million (down 20%)
4. HNT
- Weekly Loss: -17.66%
- Price Trend: HNT started the week at $7.8, dropping to $6.5 by week's end, significantly impacting its market cap and trading volume.
- Market Cap: $1 billion (down 6%)
- Trading Volume: $12.7 million (down 30%)
5. Toncoin (TON)
- Weekly Loss: -14%
- Price Trend: Despite early gains, TON ended the week at $5.9, influenced by negative news surrounding Telegram, contributing to its sharp decline.
- Market Cap: $13 billion (down 17%)
- Trading Volume: $1.9 billion (up 600%)
6. Notcoin (NOT)
- Weekly Loss: -12.19%
- Price Trend: Notcoin mirrored TON's performance, starting strong but dropping to $0.009 by week's end due to similar Telegram-related news.
- Market Cap: $937 million (down 20%)
- Trading Volume: $600 million (up 150%)
Follow for updates, analysis, trends and prediction. Like and share. Thanks
Buy and enjoy. dyor.
$WIF
{spot}(WIFUSDT)
$PEPE
{spot}(PEPEUSDT)
$BONK
{spot}(BONKUSDT)
#MtGoxRepayments #BinanceLaunchpoolDOGS #TelegramCEO #PowellAtJacksonHole #Write2Earn!
Thai SEC Eases Crypto Investing Restrictions
The SEC of Thailand has updated the criteria for investing in digital tokens, easing some restrictions.
$BTC
In a recent meeting, the SEC Committee approved the principles for improving investment criteria and related criteria for digital asset business operations, aiming to establish effective investor protection mechanisms while considering the risks associated with digital assets.
For one, the commission has lifted investment restrictions previously imposed on retail investors for digital tokens backed by real estate or generating real estate income streams (real estate-backed ICOs) and digital tokens with infrastructure operations or revenue streams (infra-backed ICOs).
$BNB
Previously, retail investors were limited to investing a maximum of 300,000 baht per offering.
The SEC also reviewed the criteria for establishing custodial wallet provider businesses, enabling them to offer services to digital asset business operators.
$ETH
{spot}(BTCUSDT)
Earlier this year, the countryâs Finance Ministry also announced the exemption of value-added tax (VAT) on digital asset trading.
By easing tax rules, the ministry has suspended the requirement to pay 7% VAT on income derived from cryptocurrency and digital token trading.
This VAT exemption, effective since January 1, 2024, has no expiration date, providing a long-term incentive for investors and traders in the digital asset space.
Thai Authorities Raid Illegal Bitcoin Mining Operation Amid Power Outage
BitcoinMiningThailand
A significant power drain was traced back to a single house in the area.
Authorities in Thailand have cracked down on an illegal Bitcoin mining operation in Ratchaburi, a town west of Bangkok, following multiple complaints from residents regarding recurring power outages.
The raid, which took place on August 23, was initiated after a month-long investigation into unexplained blackouts that began in mid-July.
The investigation was conducted by the Provincial Electricity Authority (PEA) in collaboration with local police.
House Responsible for Significant Power Drain
The authorities were alerted to a significant power drain that was traced back to a single house in the area.
Upon inspection, the house was found to be the center of a large-scale Bitcoin mining operation.
Jamnong Chanwong, the chief district security officer, revealed that the electricity consumption at the property was abnormally high.
House Responsible for Significant Power Drain
The authorities were alerted to a significant power drain that was traced back to a single house in the area.
Upon inspection, the house was found to be the center of a large-scale Bitcoin mining operation.
Jamnong Chanwong, the chief district security officer, revealed that the electricity consumption at the property was abnormally high.
Despite this, the payments made for the electricity were suspiciously low, suggesting that the operators were illegally siphoning power to sustain their mining activities.
The equipment was installed by a company that rented the house for about four months, coinciding with the period when the areaâs power outages became severe.
Although no arrests were made during the raid, authorities believe the operators fled after realizing their activities had drawn the attention of law enforcement.
The investigation remains ongoing as officials work to identify those responsible.
Illegal Bitcoin mining has become an increasing issue in Southeast Asia, with operators taking advantage.