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📢 Binance returns to India after seven months, website and apps go live: 🎉🎉

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🔥🔥 World’s largest crypto exchange Binance is back with a bang in India, as its website and app go live following nearly seven months of ban for not registering with the Financial Intelligence Unit in India (FIU-IND).

The exchange announced the same on August 15, adding that this marks its 19th global regulatory milestone and its commitment to compliance with anti-money laundering (AML) standards in India as well as any other jurisdiction it operates in.

Richard Teng, CEO of Binance, said, “Our registration with the FIU-IND marks an important milestone in Binance’s journey. Recognizing the vitality and potential of the Indian VDA market, this alignment with Indian regulations allows us to tailor our services to the needs of Indian users. It is a privilege to extend the reach of our cutting-edge platform to this thriving market, supporting India’s continued VDA evolution.”

Binance in its statement highlighted that “India leads the world in grassroots crypto adoption, according to Chainalysis’ 2023 Global Crypto Adoption Index.”
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🔥🔥🔥Ethereum ETFs Make History With First Positive Weekly Flows: 😱😱😱

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📌 In a major milestone, Ethereum ETFs have recorded their first-ever positive weekly flows. According to Arkham Intelligence, the net inflow for ETH ETFs reached an impressive 31,500 ETH, equivalent to $75.07 million, over the past week.

📌 ETH ETF FLOWS NOW POSITIVE:

Weekly flows for ETH ETFs turned POSITIVE for the first time ever - with NET 31.5K ETH ($75.07M) purchased last week.

Inflows were led by Blackrock - accumulating $168.55M of ETH.

📌 Leading the charge in these inflows was BlackRock, one of the world's largest asset management firms, accumulating a staggering $168.55 million worth of ETH. The most notable daily on-chain inflow for BlackRock occurred on Aug. 7, when it received $108.02 million of ETH in a single day.

📌 This positive trend in ETH ETF flows is historic, marking a shift in the market sentiment toward Ethereum. Ethereum ETFs officially began trading in the U.S. in late July, marking a huge step in the increased integration of digital assets into mainstream finance.
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🔥🔥🔥 Crypto: Ethereum and Solana Surge, Investors Regain Confidence:

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♦️ Gone is the carnage of last week’s “Black Monday,” where the crypto market seemed to be in disarray. Indicators that were previously in the red have gradually turned green, bringing a breeze of optimism. This gradual transformation has spread across the entire market, with Ethereum and Solana in the spotlight, attracting notable investment flows.

♦️ Strong Return of Investments in Ethereum and Solana:
Despite a price correction that shook most cryptocurrencies, Ethereum and Solana managed to stand out. Last week, these two crypto giants recorded impressive net inflows, as confirmed by our article titled “Investors Bet Big on Ethereum Despite a Harsh Market Correction”.

♦️ According to the weekly report by CoinShares, investment products related to these digital assets attracted a total of $176 million, indicating persistent interest from institutional investors.

📢 What’s particularly remarkable is that these flows were observed across all regions of the globe, an undeniable sign of renewed confidence in the long-term potential of these cryptos.

The main inflows include:

$155 million towards Ethereum;
$18.3 million towards multi-asset products;
$4.5 million towards Solana.
As highlighted in the report:

“Ethereum benefited the most from the recent market correction, attracting $155 million in inflows last week.”

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Has the Bear Left the Crypto Market?
The recent crypto market correction was seen by many as a buying opportunity. Last week’s bullish trend highlighted a notable shift in investor preferences, with Ethereum leading the way.

In fact, investment products based on Ethereum captured the majority of flows, representing 88% of the total.
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🔥🔥🔥 Cast your Vote & get 5$ per Voter in your wallet : 😱😱😱

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🔥 Binance Mega Compaign !

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🌟 Impact of Al on Crypto Trading: 😱😱

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📌 Artificial Intelligence (AI) has revolutionized crypto trading by analyzing vast amounts of data, identifying patterns, and making predictions. Al-powered trading bots can execute trades at speeds and frequencies humanly impossible.

👍 Advantages:

1. Improved Accuracy: Al algorithms can analyze market data and make more accurate predictions than human traders.

2. Speed and Efficiency: Al-powered trading bots can execute trades faster and more efficiently than human traders.

3. Emotionless Trading: Al eliminates emotional biases, ensuring data-driven decisions.

4. 24/7 Trading: Al-powered trading bots can trade continuously without breaks.

5. Risk Management: Al can identify potential risks and adjust trading strategies accordingly.

👎 Disadvantages:

Dependence on Data Quality:
• 1 algorithms rely on high-quality data, which can be challenging to obtain in crypto markets.
• 2. Lack of Human Judgment: Al may struggle with complex market situations requiring human intuition.
• 3. Vulnerability to Manipulation: Al algorithms can be vulnerable to market manipulation and fake news.
• 4. Over-reliance on Technology: Technical issues can lead to significant losses.
• 5. Cybersecurity Risks: Al-powered trading systems are vulnerable to cyber attacks.

📢 Best Practices:

1. Combine Al with Human Judgment: Use Al for data analysis and human intuition for complex decision-making.

2. Monitor and Update Al Algorithms: Regularly update Al algorithms to adapt to changing market conditions.

3. Implement Risk Management Strategies: Use Al to identify potential risks and adjust trading strategies accordingly.

4. Ensure Data Quality: Use high-quality data sources and validate data accuracy.

5. Stay Up-to-Date with Regulations:
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#CARVingTheFutureOfData $ETH @CARV

🔥🔥🔥 Trading Veteran Predicts Ethereum Will Drop to $1,651: 🚀🚀🚀🚀

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In Brief:
• Veteran trader Peter Brandt predicts Ethereum (ETH) could drop 36% to $1,680, its lowest since October 2023.

• ETH's recent consolidation break and rising wedge pattern suggest a potential bearish trend ahead.

• Brandt states that he has taken a short with a $1,651 target and set a stop loss at $2,961 for risk management.

🔥 Trading veteran Peter L. Brandt has shared a bold forecast for leading altcoin, Ethereum (ETH). In a post on X, Brandt notes that the altcoin’s price will plummet to $1651, a low it last traded at in October 2023.

At press time, ETH trades at $2,627. A drop to $1651 would mean a 36% fall from its current value.

🚀🚀 Ethereum To Drop to Ten-Month Low as Analyst Calls Doom:

According to Brandt, ETH had traded within a rectangle pattern since April. This figure, also known as a horizontal channel, is formed when an asset’s price consolidates within a range for a period.

The upper line of this channel forms resistance, while the lower line forms support. In ETH’s case, the coin faced resistance at $4,000 and found support around $ 2,814 when it traded within the rectangle.

📢 The coin’s consolidation phase ended on August 4, when it dropped below the rectangle pattern’s lower line. After an asset breaks out of a consolidation pattern.

The market veteran also identifies a rising wedge pattern on an intraday chart. This pattern forms when an asset’s price consistently makes higher highs and higher lows, but the gap between them narrows, creating a wedge shape.

🔥🔥🔥 About CARV protocol :
CARV Protocol is a decentralized finance (DeFi) platform that enables users to manage risk and maximize returns through innovative financial instruments and tools.

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🔥🔥 Bitcoin Whale Places $1 Million Bet That This Ethereum Token Trading At $0.01831 Will Rise To $1 In 2 Months: 😱

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🌟🌟 In the intriguing world of cryptocurrency, a Bitcoin (BTC) whale has placed a substantial $1 million bet, that an Ethereum token identified as ETFSwap (ETFS), currently trading at a modest $0.01831, will surge to $1 in just two months.

📌 This bold prediction comes from an investor deeply versed in the intricacies of crypto tokens, whose decisions are grounded in the potential utility, infrastructure, and unique features of the tokens he backs. Such a hefty bet from a seasoned investor highlights the importance of considering the factors that led to this confidence.

📌 Bitcoin Whale Says ETFSwap (ETFS) Is Poised To Hit $1 In Just Two Months
The Ethereum-based token ETFSwap (ETFS) is trading at a strategically devalued price of $0.01831, presenting a prime opportunity for substantial gains. As such, this prediction places ETFSwap (ETFS) firmly on investors’ radar as the best target deal yet.

📌 ETFSwap (ETFS) is rapidly emerging as the ultimate platform for crypto ETF trading. Known for its profitability, ETFSwap (ETFS) has seen over 74 million tokens sold in under three weeks, attracting nearly one and a half million new investors in presale stage 2 alone. This frenzy among Bitcoin whales and savvy investors is proof of the platform’s robust foundation and advanced crypto technology.

📢 The Bold Utilities And Infrastructure Of ETFSwap (ETFS) Spurring A $1 Surge In Two Months:

ETFSwap (ETFS) merges blockchain technology with ETFs, collaborating with MiCa-compliant regulated investment banks to handle both securities and crypto trading. This unique approach bridges the gap between traditional finance (TradFi) and decentralized finance (DeFi). Its offering users the ability to own and trade tokenized ETFs.
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🌟🌟 Bitcoin (BTC) Predicted to Hit $140,000 This Year: Details 🚀🚀🚀🚀🚀🚀

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📌 Bitcoin (BTC) has reclaimed a crucial price level earlier today, and it appears that more highs will be seen in the coming days. As of writing time, BTC is trading at $61,386, after a jump of 4.29% in the last 24 hours. Notably, it was trading around $58,000 almost 12 hours ago.

♦️ Consequently, this surge to $61,386 is considered a bullish move from Bitcoin, and it may be the start of a major price rally. Analysts are also giving bullish Bitcoin price predictions after seeing this significant recovery. For instance, prominent crypto analyst Jelle has predicted that BTC can hit $140,000 by the end of this year.

📢 Major Bitcoin price prediction:
In a tweet posted earlier today, the analyst mentioned that Bitcoin is still trading inside this major descending and broadening wedge. This level is situated right above the key $60,000 price level. However, he explained that the final third of the year is approaching quickly, and traders will not have to wait too long for Bitcoin to start pushing higher.

• Jelle concluded his tweet by predicting that the final target of this BTC cycle remains around the $140,000 level. According to estimates, the BTC price will need to surge almost 128% to hit this target from the current levels. While this may seem like a major target to achieve, BTC has already surged 109.2% over the last year.

• Hence, this 128% is also achievable by the leading crypto on the market. However, it may take some additional time to achieve. While this target may not come by the end of this year, it can still happen at some point in 2025. Moreover, if the broader financial scenario improves in the near future, then Jelle’s prediction may be prove right.
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📢 Binance Mega Compaign with a grips share of 50,000$ for voters: 😱😱😱😱

🔥 Click on below post & go to profile & cast your first vote & claim 5$ per vote.

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🔥 So the overall value of voting per person is 145$ at the end.

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🔥 After the end of Compaign, Rewards will distribute in 21 days.
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🔥 Dogecoin Vs. Shiba Inu: Lead Dev Reveals Why SHIB Is The Dominant Choice:

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🔥🔥Shiba Inu’s lead developer, Shytoshi Kusama, has highlighted a feature that gives Shiba Inu an edge over the foremost meme coin, Dogecoin (DOGE). Despite this development, Dogecoin still looks to be the most preferred choice among crypto enthusiasts based on this important on-chain metric.

🔥🔥🔥Shiba Inu’s Edge Over Dogecoin:
In an X (formerly Twitter) post, Kusama alluded to the Web2 game Shiba Eternity, which is set to be fully integrated into the Shibarium network, to suggest why Shiba Inu is ahead of Dogecoin. Kusama’s post was in response to a post by Jordan (MyDogeCEO) in which he revealed that gaming would soon be available on the Dogecoin network.

🔥🔥🔥🔥Kusama responded by saying, “Laughs in Shiba Eternity,” which highlighted how game finance (GmeFi) is already an integral part of the Shiba Inu ecosystem while Dogecoin is trying to play catchup in this area. Shiba Eternity’s play-to-earn (P2E) version is set to launch on the layer-2 network Shibarium soon enough, with Shiba Inu team members like Marketing Lead Lucie already providing insights into what to expect from the Web3 game.

🔥🔥🔥🔥🔥In an X post, Lucie mentioned that players would receive a welcome package as part of the incentives to encourage these Web2 players to migrate to the Web3 version. She further revealed that the welcome pack will include in-game rewards like XP boosters, card packs, and a Kibble galore. The Shiboshis NFT collection is set to become an integral part of the game as the amount of Kibble a player receives depends on how many Shiboshis they unlock.
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🌟🌟 Polygon’s (Matic)to $POL Token Upgrade: All You Need to Know🤔🤔

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🔥 Key points:

• Polygon will upgrade its native token from MATIC to POL on September 4, 2024.
The POL upgrade is part of Polygon’s broader vision known as the “AggLayer.”

• The AggLayer will host numerous ZK-powered L1 and L2 blockchains that will be secured by a common validator set.

• POL validators will be able to validate multiple chains and will get access to increased rewards.

• Your MATIC tokens will automatically be changed to POL if you are a MATIC holder on the Polygon PoS chain.

📢 On September 4, 2024, Polygon will introduce a new native token called POL.

The migration from the existing MATIC token to $POL is part of a wider vision, as Polygon aims to grow from a single proof-of-stake (PoS) network to an ecosystem of numerous zero-knowledge (ZK) technology-powered blockchains.

In doing so, Polygon hopes to create a crypto ecosystem that is as easy to use as the internet we know today.

Why is Polygon migrating from MATIC to POL? Here’s all you need to know about Polygon’s new POL token.

🔥 Polygon’s Next Evolution: The AggLayer
Most of us know Polygon as an Ethereum (ETH) sidechain that is fast and cheap to use.

The project’s history dates back to 2017 when Jaynti Kanani and Sandeep Nailwal founded a PoS blockchain called the Matic Network. In 2021, Matic rebranded itself to Polygon and gained popularity as it marketed itself as an Ethereum scaling solution.

Now, Polygon aims to create a blockchain ecosystem that it calls the “AggLayer” — short for Aggregation layer.
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📢 Dogecoin:
Dogecoin (DOGE) Delivers 3 Major Signals:🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

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The variety of on-chain signals that Dogecoin is currently displaying could have a big impact on its price trajectory. The meme coin is still popular, but its on-chain data provides important information that might predict whether DOGE's price rises or falls further.

♦️ The price of DOGE is expected to be influenced by three main on-chain signals, which we will examine here.

High volume of transactions: The quantity of major transactions is one of the most informative on-chain indicators. A total of 983 large transactions totaling 5.56 billion DOGE were made on Dogecoin in the last 24 hours.

♦️ Despite constituting a sizable amount, this volume is lower than the seven-day high of 10.09 billion DOGE. A decline in whale activity is suggested by the decline in the volume of large transactions, which could be a bearish indication for DOGE. The market may become less liquid and more volatile as a result of whales' diminished participation, which frequently causes large price swings.

♦️ Concentration of big owners: The concentration of DOGE held by large holders, which is currently at 62%, is another important indicator. This metric shows that a sizable portion of the entire supply is controlled by a small number of wallets.
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