Latest Update on Tether (USDT) Under U.S. Government Scrutiny
On October 25, 2024, Cryptonews released an important update regarding an ongoing investigation by the U.S. government into Tether, the firm responsible for the USDT stablecoin. This investigation, spearheaded by the U.S. Department of Justice (DOJ), follows earlier reports in March 2024 by The Block, which highlighted concerns around Tether’s transactions through certain Russian exchanges under international sanctions.
Yes, the U.S. government is actively examining Tether for potential breaches of sanctions and anti-money laundering protocols. These inquiries stem from allegations that USDT may have facilitated financial transactions for parties linked to illicit activities such as money laundering, terrorism financing, and sanctions evasion. One significant issue involves approximately $18 billion in USDT reportedly channeled through Garantex, a Russian-based exchange facing U.S. and U.K. sanctions due to alleged ties to criminal organizations.
This investigation is part of broader federal initiatives by the DOJ and additional agencies to ensure stablecoins like USDT adhere to international regulatory standards, preventing misuse to evade legal and financial systems. Tether, in response, emphasizes its compliance efforts, noting that it collaborates with law enforcement agencies and takes action against wallets connected to criminal activities. Nonetheless, regulatory scrutiny on stablecoins is intensifying as authorities weigh potential threats to national security and economic stability posed by digital assets.
#USJoblessClaimsDip #BTCMiningDifficultyRecord #uselections #CryptoPreUSElection
As of my last update in October 2023, WIF Coin doesn't appear to be a widely recognized or established cryptocurrency. The cryptocurrency market is vast and constantly evolving, with new coins and tokens emerging regularly. Information on lesser-known or new cryptocurrencies can be limited or hard to find. If WIF Coin is a new or obscure cryptocurrency, here are some steps you can take to find more information:$WIF
1. *Cryptocurrency Databases and Trackers*: Websites like CoinMarketCap, CoinGecko, or Crypto.com may have information on WIF Coin, including its market capitalization, trading volume, and price charts.
2. *Blockchain Explorers*: If you know the blockchain platform on which WIF Coin operates (e.g., Ethereum, Binance Smart Chain), you can use blockchain explorers like Etherscan or BscScan to find
GFT coin, also known as Gift Coin, is a cryptocurrency that was designed to facilitate gift-giving and charitable donations. Here are some key points about GFT coin:$GFT
*Overview:*
- GFT coin is a digital currency built on the Ethereum blockchain.
- It was created to make gift-giving and charitable donations more efficient, transparent, and rewarding.
*Features:*
- *Gift-giving:* GFT coin allows users to send gifts to friends, family, or charities in a secure and transparent manner.
- *Charitable donations:* GFT coin partners with charities, enabling users to donate to their favorite causes.
- *Rewards:* Users can earn rewards in GFT coins for participating in various activities, such as referring friends or completing tasks.
- *Decentralized:* GFT coin operates on a decentralized network, ensuring security and transparency.
*Technical Details:*
- *Blockchain:* Ethereum (ERC-20 token)
- *Token supply:* Limited supply, depending on the specific tokenomics
- *Consensus algorithm:* Proof-of-Stake
Voxel Coin (VOX) is a cryptocurrency that was specifically designed for use in the Voxelus platform, a virtual reality (VR) content creation and distribution platform. Here are some key points about Voxel Coin:$VOXEL
*Key Features:*
1. *Virtual Reality Focus*: Voxel Coin is tailored for the virtual reality industry, allowing creators to monetize their VR content.
2. *Voxelus Platform*: VOX is the native cryptocurrency of the Voxelus platform, which enables users to create, share, and experience VR content.
3. *Decentralized*: Voxel Coin operates on a decentralized blockchain network, ensuring secure and transparent transactions.
4. *Token Type*: VOX is an ERC-20 token, built on the Ethereum blockchain.
*Use Cases:*
1. *Content Creation*: VOX is used to incentivize content creators to produce high-quality VR experiences.
2. *Transaction Fees*: VOX is used to pay transaction fees for buying and selling VR content on the Voxelus platform.
3. *Virtual Goods*: VOX can be used to purchase virtual goods and assets within VR experiences.
4. *Tipping*: VOX can be used to tip content creators for their work.
*History:*
1. *Launch*: Voxel Coin was launched in 2015, alongside the Voxelus platform.
2. *Crowdsale*: VOX conducted a successful crowdsale in 2016, raising over $500,000.
*Current Status:*
1. *Availability*: VOX is listed on several cryptocurrency exchanges, including Bittrex and Upbit.
2. *Market Capitalization*: The market capitalization of VOX is relatively small compared to other cryptocurrencies.
3. *Development*: The Voxelus platform and VOX continue to evolve, with updates and new features being added.
**Important
Ethereum (ETH/USDT) Technical Analysis and Prediction
Current Price: $2,474.11 (-2.00%)
Timeframe: 1-hour chart
Moving Averages
EMA(7): $2,468.14
EMA(25): $2,481.77
EMA(99): $2,537.58
The shorter-term EMAs (7 and 25) are below the EMA(99), indicating a bearish trend on this timeframe. The price remains below the EMA(99), which often acts as a resistance in downtrending markets.
MACD (Moving Average Convergence Divergence)
MACD Line: 2.81
Signal Line: Close to the MACD line, indicating weak momentum.
The MACD is slightly positive, suggesting a minor bullish attempt. However, with the MACD line near zero and the histogram close to neutral, momentum remains weak. A clear crossover or divergence could provide a stronger signal.
RSI (Relative Strength Index)
Current RSI: 57.23
The RSI is hovering near the midpoint, showing neither overbought nor oversold conditions. This suggests that ETH may be in a consolidation phase, with no immediate strength for a breakout.
Stochastic RSI
Stochastic RSI: 93.53, indicating an overbought condition
The Stochastic RSI is in the overbought zone, suggesting a potential short-term pullback as the price may face downward pressure.
---
Market Sentiment and Prediction
Given the bearish setup with EMA levels and the overbought Stochastic RSI, Ethereum may face resistance near the EMA(99) at $2,537.58.
Predicted Short-Term Value:
If bearish momentum continues: ETH could retest support around $2,380.
If ETH breaks above EMA(99): A potential upside target could be around $2,600, but this would require stronger bullish momentum and a MACD breakout above zero.
Summary
The overall trend remains bearish on this timeframe, with potential short-term consolidation or a pullback. A break above $2,537.58 would signal a possible trend reversal, but until then, ETH may continue to face downward pressure.
$RAY /USDT ON THE EDGE OF A BREAKOUT OR PULLBACK – STRATEGY INSIDE! ‼️🚨
The $RAY /USDT chart on Binance’s 15-minute timeframe is showing potential action zones. The price currently sits at 2.894 USDT, with a significant resistance level near 3.000 USDT and a strong support line around 2.700 USDT. This setup suggests a critical decision point for traders aiming to capitalize on volatility.
💡 Critical Levels to Watch:
• Resistance Zone: 3.000 USDT – A breakout above this level may signal a bullish rally with potential targets at 3.100 USDT and beyond.
• Support Zone: 2.700 USDT – If price retreats to this level, it could offer a potential long entry, but a break below could drive a deeper pullback.
📈 Long Entry Strategy: Buy near 2.800 USDT if price approaches the support, with a target of 3.000 USDT and 3.100 USDT for profits. Set a stop loss at 2.650 USDT to protect against downside risk.
📉 Short Entry Strategy: Consider entering a short position around 3.000 USDT if price fails to break resistance, targeting 2.800 USDT and 2.700 USDT for potential gains. Place a stop loss above 3.100 USDT to manage risk.
🔍 Current Market Sentiment: RAY/USDT is near key zones, so keep an eye on volume and price action to confirm a strong move. This setup presents opportunities for both bullish and bearish traders!
{spot}(RAYUSDT)
#TetherUnderInvestigation #CryptoPreUSElection #ScrollOnBinance #TeslaBTCQ3HoldingsStable #ETHBTCNewLow
📊 GNO/USDT Chart Analysis & Prediction 🚀
1. Overview of GNO/USDT Trend 📈
GNO/USDT is trading at $231.1, reflecting a strong 9.27% increase. The recent price surge indicates bullish momentum, with the asset touching a high of $255.0 in the last 24 hours.
2. Key Indicators 🔍
• Bollinger Bands: The price is significantly above the middle band ($210.4), approaching the upper band ($242.6). This positioning suggests heightened volatility and a potential overextension that could lead to a short-term pullback or consolidation.
• RSI (Relative Strength Index): With an RSI(6) of 63.3 and RSI(12) of 65.1, GNO/USDT is nearing overbought levels, indicating strong buying momentum. However, the RSI values suggest there is still some room for further upside before extreme overbought conditions are reached.
• MACD: The MACD shows a pronounced bullish trend with MACD(12) well above the signal line, signaling continued upward momentum.
3. Support & Resistance Levels 🛠️
• Support: Key support can be found at $218.0. If a pullback occurs, this level may act as a stabilizing base for the next move up.
• Resistance: The immediate resistance is the recent high of $255.0. A break above this level could push the price toward $260 or higher.
4. Price Prediction 🔮
With strong bullish indicators and high trading volume, GNO/USDT may continue to test the $255-$260 range in the short term. However, traders should monitor RSI and MACD for signs of overextension.
$GNO
{spot}(GNOUSDT)
#TetherUnderInvestigation #USJoblessClaimsDip #BTC67KRebound #CryptoPreUSElection #ETHBTCNewLow
$SLP /USDT AT A CRUCIAL TURNING POINT! WATCH OUT FOR THIS BREAKOUT OPPORTUNITY!‼️🚨
The $SLP /USDT chart on the 15-minute timeframe shows a tightly held support zone around 0.002800 USDT (highlighted in purple), with a recent bounce indicating a potential reversal. The price has been rejected several times near 0.003300 USDT, which now acts as the primary resistance level to watch.
Current Price: 0.002864 USDT
📈 Long Entry Strategy:
• Entry Point: Above 0.002900 USDT on strong volume, confirming momentum.
• Take Profit Targets: 0.003000 USDT, 0.003200 USDT, 0.003300 USDT
• Stop Loss: 0.002750 USDT to manage downside risk.
📉 Short Entry Strategy:
• Entry Point: Below 0.002800 USDT, as a breakdown below this support could trigger further selling pressure.
• Take Profit Targets: 0.002700 USDT, 0.002600 USDT, 0.002500 USDT
• Stop Loss: 0.002850 USDT for a conservative exit if the price reverses.
This chart reflects intense consolidation, signaling a potential explosive move soon! Keep a close watch on these critical levels, as a breakout above resistance could ignite buying interest, while a breakdown below support may lead to increased selling pressure. Trade carefully and set your targets with caution!
#USJoblessClaimsDip #BTC67KRebound #TetherUnderInvestigation #BTCMiningDifficultyRecord #APTSurpassesSUI
The ongoing market correction largely stems from a wave of investor sell-offs. However, one of the most pivotal factors driving current market sentiment is a major development involving Tether’s stablecoin, USDT.
Currently, Tether is facing scrutiny from the U.S. Department of Justice (DOJ), investigating potential breaches of anti-money laundering regulations and international sanction policies. The DOJ is examining whether Tether has inadvertently facilitated money laundering activities or been involved in transactions linked to conflict financing, particularly with regard to the tensions between Russia and Ukraine. This probe underscores the DOJ's commitment to enforcing stringent financial compliance and ensuring that stablecoins like USDT are not exploited for illicit transactions or wartime funding.
#Market_Update #CryptoPreUSElection #EthereumPectraUpgrade
📊 PEOPLE/USDT Chart Analysis & Prediction 🚀
1. Overview of PEOPLE/USDT Trend 📈
PEOPLE/USDT is currently trading at $0.08444, showing a positive gain of 5.99%. The price reached a high of $0.09089 in the past 24 hours, suggesting growing bullish momentum as it bounces from a recent support level.
2. Key Indicators 🔍
• Bollinger Bands: The price is close to the upper Bollinger Band at $0.08629, indicating that volatility has increased and a breakout could be approaching.
• RSI (Relative Strength Index): With an RSI(6) value of 55.91, the asset is in a relatively neutral zone, suggesting there is still room for upward movement without immediate risk of overbought conditions.
• MACD: The MACD shows a slight bullish crossover, with MACD(12) above the signal line. This is a positive sign that upward momentum might continue.
3. Support & Resistance Levels 🛠️
• Support: The recent support level stands at $0.07867, which could act as a strong base if the price retraces slightly.
• Resistance: Immediate resistance is around $0.09089, the recent high. Breaking above this level could push the price towards a new high in the $0.095-$0.10 range.
4. Price Prediction 🔮
With increasing volume and a neutral RSI, PEOPLE/USDT could continue its upward trend, potentially testing the $0.09 resistance. If it breaks through, the price might reach $0.095 or even $0.10 in the short term.
$PEOPLE
{spot}(PEOPLEUSDT)
#TetherUnderInvestigation #USJoblessClaimsDip #BTC67KRebound #CryptoPreUSElection #ETHBTCNewLow
📉 Bitcoin Daily 📈
$BTC dumped to the second zone I've marked ✅ Touched 65557. Price action is good for bullish scenario as this dip generated high volume and long buy tail. But for that scenario to be confirmed price has to find acceptance above 67300 at least. And next step - break above developing Year VWAP VAH.
Before that happens there will be dips to 66-66.4k - scary as shit frankly, as in case #Bitcoin lose that blue line on my chart, there will be no long buy tails and 63.3-64k. Your loyal servant already loaded alts, so I'll be f**ked by that move 😂 Not liquidated of course, but mostly depressed.
And the last scenario for the nearest future is continuation of correction in a form of second leg down to ~64k and possibly lower. That price action still fits into bullish market structure, but delays bullish days for several weeks.
P.S. Friday close at 66662 will be inevitable target for Monday open. Wherever #BTC will be by that time.
Nearest liquidity pools:
above - 67435 / 67780 / 68413 / 68816
below - 66216 / 65980 / 65500 / 65091
📊 RAD/USDT Chart Analysis & Prediction 🚀
1. Overview of RAD/USDT Trend 📈
RAD/USDT is showing a strong upward trend, currently trading at $1.379 with a notable 12.57% increase. The 4-hour chart highlights a recent spike to $1.840, followed by a slight pullback to $1.380. This indicates bullish momentum, though the pair may be in a consolidation phase.
2. Key Indicators 🔍
• Bollinger Bands: RAD/USDT is trading near the upper Bollinger Band at $1.485, showing high volatility. The bands have widened, which typically signals increased price action.
• RSI (Relative Strength Index): The RSI(6) is 75.793, indicating overbought conditions. This could suggest potential for a correction or consolidation before another rally.
• MACD: The MACD histogram shows signs of weakening bullish momentum, as indicated by the slight decrease in MACD bars.
3. Support & Resistance Levels 🛠️
• Support: Strong support lies at $1.248. If price corrects, this level could be a good area to watch for a potential bounce.
• Resistance: The recent high at $1.840 acts as a major resistance. If this level is broken, it could signal another rally.
Doc’s Prediction 🔮
Given the current indicators and bullish sentiment, RAD/USDT could aim to test $1.600 in the short term if it sustains momentum. However, watch for potential consolidation around $1.380 before a breakout attempt towards higher levels.
$RAD
{spot}(RADUSDT)
#TetherUnderInvestigation #USJoblessClaimsDip #BTC67KRebound #CryptoPreUSElection #ETHBTCNewLow
$MASK /USDT AT CRITICAL CHANNEL BOUNDARIES – STRATEGY TIME! 🚨
The $MASK /USDT chart on the 15-minute timeframe shows an active channel, where the price has been oscillating between well-defined support and resistance lines. Currently trading at 2.314 USDT, the price recently touched the channel’s lower boundary, signaling a potential pivot.
Key Levels to Watch:
• Resistance Zone: 2.400 USDT – If MASK breaks above this, we may see bullish momentum toward the upper channel boundary, targeting the 2.450 USDT mark.
• Support Level: 2.300 USDT – This is crucial. A breakdown here could lead to further downside, with the next support at 2.250 USDT.
Entry Strategy:
• Long Position: Enter near 2.315-2.320 USDT, aiming for a breakout with a take-profit (TP) around 2.400 USDT. Set a stop loss at 2.280 USDT to manage downside risk.
• Short Position: Consider entry below 2.300 USDT, with a target at 2.250 USDT if the breakdown holds. Use a stop loss at 2.330 USDT to protect against reversals.
This setup provides both short- and long-term opportunities as MASK tests critical levels, with the potential for either a bullish breakout or a bearish decline. Stay sharp for high-volume moves in either direction!
{spot}(MASKUSDT)
#USJoblessClaimsDip #BTC67KRebound #CryptoPreUSElection #ETHBTCNewLow #TeslaBTCQ3HoldingsStable
Here’s When the BTC Crypto May Smash a New ATH
Bitcoin exchange reserves have been plummeting heavily and recently witnessed the largest weekly exchange outflows since mid-September. This has been suggesting strong buying activity as the BTC price has been hovering just 8% away from its highs.
On the other hand, whale accumulation has reached a historic milestone as they hold over 670K BTC, which is around 3.5% of the total supply. Moreover, the ETF inflows have also been peaking in the past few days, suggesting a monster move is incoming.
After a seven-month-long consolidation, the BTC price triggered a breakout of the accumulation zone. This move was validated in the times when the volume remained restricted within a range. Woefully, the bears began to extract their profits, restricting the rally below the 2021 highs close to $69,000. Interestingly, the price continues to hold above the crucial range, hinting towards a potential upswing in the next few days.
However, from a wider perspective, the BTC bulls are expected to reclaim their dominance and the technicals have just flipped in favour of them. In such a scenario, when will the BTC price reclaim the highs, forming a new one?
$BTC
{future}(BTCUSDT)
#BTC67KRebound
🚨 JASMY DUMP WARNING! 🚨 | JASMYCOIN PRICE PREDICTION & NEWS 2024!
Attention, crypto enthusiasts! Recent trends suggest that JasmyCoin ($JASMY may face significant price volatility. Here’s what you need to know:
Market Overview: JasmyCoin has experienced fluctuations recently, raising concerns about a potential dump. Investors should be cautious and monitor market movements closely.
Technical Analysis: Analysts are observing key support and resistance levels for $JASMY . A breach of these levels could trigger further sell-offs, leading to a potential price drop.
News Impact: Any updates regarding Jasmy’s partnerships, technological advancements, or regulatory news could heavily influence JASMY’s price. Stay updated on developments that could impact market sentiment.
Price Prediction for 2024: While some analysts remain optimistic about JasmyCoin’s long-term potential, short-term predictions indicate possible bearish trends. It’s essential to conduct thorough research and consider the risks before investing.
Investor Advice: If you're holding JASMY, it might be wise to reassess your position in light of the current market conditions. Keep an eye on trading volumes and news that could affect the price in the coming weeks.
Stay informed and make wise investment decisions!
#JasmyCoin #CryptoNews #PricePrediction #CryptoTrading
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$PAXG /USDT Approaching Key Channel Boundaries – Strategic Moves Incoming! 🚨
The $PAXG /USDT chart on the 15-minute timeframe is revealing a well-defined ascending channel, presenting ideal setups for short and long positions. With the price oscillating between resistance near 2,769 USDT and support around 2,740 USDT, traders should brace for potential breakouts or rejections.
📊 Current Price: 2,756 USDT
💥 Key Levels to Watch:
• Resistance: 2,769 USDT – A break above could trigger a bullish rally, targeting higher levels within the channel and beyond.
• Support: 2,740 USDT – Holding this level is crucial. A drop below could initiate further downside movement.
💼 Trade Strategy:
• Long Entry: If price bounces from 2,740 USDT, enter with a target of 2,764 USDT. Set a Stop Loss at 2,730 USDT to minimize risk.
• Short Entry: If price fails to break above 2,769 USDT, consider a short entry, aiming for 2,745 USDT with a Stop Loss at 2,778 USDT.
📈 Long-Term View: A sustained breakout above 2,769 USDT could fuel a rally toward 2,790 USDT, while failure to hold support at 2,740 USDT may lead to a retest of 2,720 USDT.
Stay vigilant as PAXG nears these pivotal levels – the next move could set the tone for its short-term trend!
#TeslaBTCQ3HoldingsStable #USJoblessClaimsDip #APTSurpassesSUI #SECApprovesBitcoinETFOptions #ETHBTCNewLow
🚨 $DOGE Approaching Key Decision Zone – Potential Reversal or More Downside Ahead? 🚨
$DOGE has been on a downtrend recently, testing support levels as sellers dominate. However, a reversal might be on the horizon if critical support levels hold.
Current Price: $0.13461 USDT
💡 Levels to Watch 💡
Resistance: $0.13980 USDT – A break above this level could indicate strength, possibly signaling a reversal. Bulls will want to see this level cleared with good volume.
Support: $0.12779 USDT – This is the last stronghold for bulls in the short term. If DOGE loses this support, expect further downside pressure, potentially toward $0.12000 USDT.
📉 Bearish Scenario:
If DOGE fails to reclaim the $0.13980 USDT resistance, sellers may push the price down to test the support at $0.12779 USDT. A breakdown here could drive DOGE lower, creating more selling pressure.
🚀 Bullish Scenario:
If DOGE can break above $0.13980 USDT convincingly, it might spark a rally toward the next target at $0.14500 USDT. Watch for increased buying interest if this level is cleared, as it would signal momentum is shifting in favor of the bulls.
🔍 Market Sentiment: DOGE is at a pivotal point, and both bulls and bears are watching closely. Keep an eye on these levels for potential breakout or breakdown signals.
Trade carefully and keep your stop-losses tight!
{spot}(DOGEUSDT)
#Therapydogcoin #CryptoAnalysis #MarketUpdates #CryptoTrading #BTCMiningDifficultyRecord