Q4 Correction Will Send Crypto to the Moon: Ethereum, Solana and Altcoin $RBLK up 1000x
RBLK token It will buyback up to 30% of casino revenue to buy back tokens from the open market. Half of the repurchased tokens will be burned, effectively reducing supply and increasing scarcity, while the remaining 50% will be allocated to staking rewards, providing attractive annual yields of up to 30%. The platform will also provide multi-currency staking, allowing users to stake various cryptos such as Bitcoin, Ethereum, and Dogecoin.
BTC has experienced a significant pump following a successful retest of the falling wedge pattern, a well-known bullish reversal signal in technical analysis. Currently, BTC is trading around the critical $58,000 level, which serves as a major resistance point.
A decisive candle close above this level is crucial for confirming the continuation of the bullish trend. If the price breaks out and holds above $58K, it could trigger the next leg of the upward movement, potentially attracting more buyers and signaling a strong momentum shift in favor of bulls.
Traders should keep an eye on the volume and momentum indicators to assess the strength of this potential breakout. A high volume breakout could confirm a sustained move, while a failure to close above this key level might indicate a short-term pullback or consolidation before attempting another breakout.
Binance Labs backs blum project as airdrop event is scheduled for September 20
News of the new investment by Binance Labs was delivered by Gleb Kostarev, co-founder of Blum and former Binance employee. Gleb shared the development with his X community where he has 3.2 million followers and his post has been viewed more than 84,000 times. The support by Binance implies that the listing of the $Blum token on the platform will most likely take place before the September 20 airdrop event. Binance Labs supports blum project as airdrop event scheduled for September 20
Kraken Adjusts Margin Product to Comply With Australian Crypto Law, Calls for Clearer Regulation
The Australian Federal Court ruled that Kraken’s fiat margin extensions are subject to regulatory obligations, but crypto margin extensions are not. Kraken acknowledged the decision but stressed the need for clearer crypto regulations in Australia. Following the ruling, Kraken adjusted its margin product to restrict fiat margin trading for non-wholesale investors, while crypto margin extensions rema
Standard Chartered Launches and $ETH Custody in UAE
Standard Chartered has launched a digital asset custody service in the United Arab Emirates (UAE), licensed by the Dubai Financial Services Authority. The service aims to provide secure storage for digital assets, initially focusing on bitcoin and ethereum. Brevan Howard Digital is the first client, and the bank plans further expansion into additional digital assets. The launch highlights the growing institutional demand for secure, regula
BTC recently bounced off a significant horizontal support level but faced strong resistance at the $58K mark, leading to a rejection at that price.
For bullish momentum to continue, BTC needs to break through the $58K resistance level decisively, followed by a successful retest of that zone, which would confirm the upward trend.
Without a breakout and retest, BTC is likely to continue to trade within the current range, fluctuating between the $58K resistance and the $54K support. A failure to break higher could signal further consolidation within this range, possibly delaying any significant upward movement.
Telegram TON Surpasses Ethereum: Daily Active Users Skyrocket
Telegram’s TON blockchain platform has taken the crypto world by storm by surpassing Ethereum in daily active users. This achievement marks a major milestone in the crypto industry, attracting the attention of many crypto investors around the world. Let’s take a deeper look at how TON achieved this milestone and what this development means for the future of crypto.
TON Becomes the New Prima Donna in the Crypto World