Russia 🇷🇺 Starts Creating Cross-Border Payments Using Cryptocurrencies!

According to a publication, Anatoly Aksakov, Chairman of the Financial Market Committee of the Russian State Duma, announced that the Russian Central Bank and the Ministry of Finance are working on regulations to establish rules for cross-border payments using cryptocurrencies. The government aims to complete these regulations by the end of November.

Initially, the Russian government will test the cryptocurrency payment mechanism under an experimental legal regime (EPR). This means that only selected participants, such as credit institutions and banks, will be allowed to participate in the process. The goal is to reduce risks and help formulate regulations to protect the market from fraud. Aksakov revealed that companies are already using cryptocurrencies for import and export payments, with the transaction volume estimated at billions of dollars 🪙 $BTC $BNB $XRP #AirdropGuide #RussiaCrypto #coinmarket #xrp

A hacker uses a clever trick to steal cryptocurrencies!!

Users of the Indian cryptocurrency exchange (WazirX) were hacked and funds were transferred using the Tornado Cash service. The Tornado Cash service allows cryptocurrency users to exchange tokens while hiding wallet addresses on various blockchains. Although the service itself is not suspicious, it is commonly used by crypto criminals to hide digital evidence.

According to data tracked by Arkham, the hacker transferred nearly $4 million in ether (ETH) via 16 transactions on the Ethereum network to the Tornado Cash router.

The stolen funds constitute more than 45% of the total reserves reported by the exchange in its June 2024 report.

Legal advisors for WazirX stated on Monday that customers are unlikely to recover their entire cryptocurrency funds, with the best-case scenario being a recovery of between 55% and 57% of the funds. #bitcoin #Binance #etherreum #hacker #tornado $BTC $ETH

A currency appreciation occurs because of increased demand or decreased supply, and often reflects confidence in the economy or higher interest rates. This appreciation makes imports cheaper but can hurt exports because they become more expensive for foreign buyers, which can negatively impact economic growth if not managed properly.

$BTC

#Binance #Binance #bitcoin #xrp #solana That is, the reason for the fall of the largest currency in the past 24 hours

The most likely explanation for this shift came from the publication of reports that the US government had mobilized $2 billion worth of cryptocurrencies after the rebound created by positive comments regarding regulations.

other reasons

The US government transferred $2 billion worth of Bitcoin, exacerbating the digital currency's losses. 29,800 tokens were transferred to two different addresses, which may indicate an upcoming sale. The value of Bitcoin previously fell to $54,000 as a result of these concerns, although it later recovered. In July.
It holds about $12 billion worth of confiscated tokens, most of it from the former Silk Road market. Former President Trump pledged not to sell any government property if he wins the presidency.

$BTC $XRP

An upcoming event that expects major currencies to reach new levels

Several companies have submitted additional data to register Ether funds, and they are expected to begin trading on Tuesday following SEC approval. Competitors include massive asset managers such as BlackRock, Fidelity and Vanic, as well as cryptocurrency firms such as BitWise, 21Shares and Grayxyl. These new funds will become the first in the United States to buy and hold Ether instantaneously. At the same time, Bitcoin recorded a level of $66,528, a decline of 1.16% during the last 24 hours, while Ethereum recorded a level of $3,453, declining by about 0.7%.#bitcoin#Binance#xrp#ADA#Bitcoin$BTC $ADA

The currency market is waiting for an event...

Donald Trump will speak at the upcoming Bitcoin conference in Nashville, Tennessee later this month
A spokesperson confirmed to CoinDesk that former President Trump will speak for 30 minutes at 2 p.m

Trump has recently shown his support for the digital currency industry. Last month, in a post he said, “Bitcoin mining may be our last line of defense against central bank digital currencies.” Biden’s hatred of Bitcoin only helps China, Russia, and the radical communist left.
During May, the Trump campaign announced that it would begin accepting donations in digital currencies. $BTC #BinanceTurns7 #bitcoin #Binance #TrumpCrypto #انتخابات

Gold and silver rise today 🔼

Gold rises strongly after the release of preliminary employment data (ADP), which revealed a decline in the addition of jobs in the American labor market, indicating to the Federal Reserve the impact of monetary tightening.

The price of spot gold contracts rose to $2,354.9 per ounce, an increase of 1.07%, while futures contracts rose to $2,363.85 per ounce, an increase of 1.3%.

Silver prices rose to $30.823 per ounce, an increase of 3.96%.
Global gold prices rose during these moments of trading, today, Wednesday, as investors awaited the minutes of the US Federal Reserve’s latest policy meeting to obtain indications of when the central bank will begin reducing interest rates.

Is this compatible with it or not? ❕$BTC $BNB

A bank in Brazil allows trading in digital currencies

Itau Unibanco (the largest bank in Brazil) announced that it will provide digital currency trading services to all its users through the bank’s internal investment platform Ion, which will allow customers to purchase Bitcoin (BTC) and Ethereum (ETH),

The bank indicated that banks are currently studying the advantages of offering digital currency opportunities and traditional financing services, and although this feature was launched in December, it was only available to specific consumers and was slowly expanded to include more users.
Itaú's head of digital assets said that acceptance of digital transactions was high, as customers trusted the bank's cryptocurrency custody solutions.
It is noteworthy that news reports that the Brazilian Congress is currently discussing a tax reform bill in order to simplify and modernize the country’s tax law, as the project proposes to unify many federal taxes into a single value-added tax, and reduce the corporate income tax rate #Brazil #Binance #bitcoin #cryptocurrency #central_bank $BTC 399574 15887$BNB

OpenAI... appoints a retired US general to its board of directors

OpenAI has appointed Paul M. Nakasone (retired US Army general and former head of the National Security Agency) to its board of directors.
, will join the Board of Directors' Safety and Security Committee, which OpenAI established in late May to evaluate and improve its policies for testing models and reducing abuse.

By appointing Nakasone, the reports continued, it is trying to suppress criticism of its security practices, including from some of the company's current and former employees.
It is noteworthy that OpenAI for Artificial Intelligence Research was established with the aim of enhancing and developing artificial intelligence systems so that they are safe from risks, and aims to cooperate freely with institutions and researchers.
#Binance #OpenAI #Security #general #company $BTC $BNB

News about analyzes of the top three currencies that rose from potential buying levels....

1 Solana #solana

Solana coin SOL has been one of the biggest winners in the cryptocurrency market recovery in recent months.
The price of Solana coin SOL corrected after reaching its peak at the $200 level in mid-March. Since then, it has been trading within the Fibonacci retracement levels and the ascending trend line.
The price is trading at $165, slightly above the 23.6% Fibonacci level at $160.

2 Link #link

The price has reached the targets and technical signals indicate that there is more potential upside. The path of LINK price movement is not strongly linked to general market developments, unlike previous digital currencies.
It managed to break the price channel between $13 - $17, which represents Fibonacci retracements of 61.8 - 38.2 respectively.
It has now returned to retest the $17 support level

3 rand #RNDR

This digital currency linked to artificial intelligence also performed among the best in the entire market with an increase rate of 1060%, approaching the future of entering sideways trades confined between Fibonacci levels of 23.6 - 38.2%.

The price is now trading at $10 above the 38.2 Fibonacci retracement at $9.60 $SOL $LINK

$308 million evaporates...

Japanese cryptocurrency exchange DMM announced that it lost 4,502.9 bitcoins, equivalent to 48.2 billion yen, or $308 million. DMM confirmed that it will replace customers' lost bitcoin deposits with the help of other group companies. The Japanese Financial Services Agency called on the company to investigate the incident.
The incident is the largest since the hack that targeted FTX to steal $477 million in 2022. The incident is also the second largest incident in the region after the theft of $530 million from the Japanese trading exchange Coincheck.

#StartInvestingInCrypto #Binance #bitcoin #japan #يابان
$BTC $ADA

Why did silver succeed in penetrating and rising to the 30-year peak?

Silver prices have reached an 11-year high, surpassing $30 an ounce, becoming one of the best-performing commodities this year, ahead of gold. The silver market is expected to face a shortage in supply for the fourth year in a row. Silver has a dual nature as a financial asset and an industrial component, as it is an essential part of solar panels.
Rising silver prices have increased investor interest, amid increasingly optimistic macroeconomic conditions. As silver prices rise, investor interest increases, and optimism about the macroeconomic backdrop increases

#EarnFreeCrypto2024 #bitcoin #silver #الفضة #عملة $BTC $BNB

A digital meme currency continues its journey to the top

The price of popular meme cryptocurrency Dogecoin (DOGE) showed signs of a potential rally a week ago when it broke out in a bullish pattern. Meanwhile, Dogecoin price is expected to continue its upward trend as holders do not overload the coin. Purchases by large portfolio holders have continued since the beginning of the month. Wallets containing between $10,000 and $10 million worth of Dogecoin added more than $1.1 billion.

The price of Dogecoin, which stands at $0.165 today, is hovering around $0.168. The meme currency broke the bullish ascending triangle pattern with a potential rise of 22%. #EarnFreeCrypto2024 #دوج_كوين #doge #CryptoInvestment #Binance
$DOGE $ADA $BTC

A strong decline in Bitcoin after a sale from a collapsed exchange

Bitcoin fell as traders monitored transfers made by wallets affiliated with the collapsed Mt.Gox exchange. The famous cryptocurrency fell by as much as 3.1% and was trading at about $67,850. While the weakness extended to smaller currencies, including Ethereum,

The collapsed platform previously contained about 137,892 cryptocurrencies, according to Cryptoquant data. 
#EarnFreeCrypto2024 #bitcoin #Market_Update #etherreum $ETH $BTC $ADA

China launches a new investment fund to support the chip industry

China launched a new investment fund supported by the Chinese government, with a capital value of 344 billion yuan, in order to promote the semiconductor industry.
According to news reports, the Ministry of Finance in China owns the largest share of the shares of the new investment fund, at a rate equivalent to 17%, and reports also reported that China has completed the third phase of establishing the National Investment Fund.
$BTC $ETH
#EarnFreeCrypto2024 #Binance #solana #USDT #bitcoin

He made a profit of 1200% 📊 from his currency

Smart trader makes profits from PEPE, ONDO and BEAM according to insights revealed by cross-chain tracking platform Lookonchain
He increased his investment portfolio from $23 million to $65 million. He earned $42 million in just one year. Interestingly, he traded PEPE, ONDO, and BEAM cryptocurrencies to make these profits

The trader spent 2,434 ETH to buy 3.97 trillion PEPE. After that, 125 billion PEPE were sold for 350 ETH. Worth $1.27 million.
Meanwhile, the trader also bought 7.55 million ONDO, worth $1.9 million. With an average price of $0.26. After that, it sold 2.56 million ONDO at an average price of $0.79

Cryptocurrency market enthusiasts continue to speculate whether these cryptocurrencies have room for further gains.$BTC $PEPE $ADA
#EarnFreeCrypto2024 #Binance #nft #ADA/USD #bitcoin

Online payments

These are payments made over the Internet to purchase goods or services. Electronic payment methods can be used, such as credit cards, electronic payment gateways, money transfers, and digital currencies
Online payments provide ease and speed in completing purchases, and also provide a high level of security and protection of information

There are many popular digital payments companies that provide safe and reliable online payment services........

1. PayPal#: It is considered one of the largest online payment companies in the world, and allows individuals and companies to send and receive money easily and securely.

2. Stripe#: A company that specializes in providing payment services to small and medium-sized businesses, and provides an easy-to-use user interface and a wide range of services.

3. Square#: Provides payments, digital banking, and e-commerce solutions for small and medium businesses.

4. Apple Pay#: A digital payment service provided by Apple that allows users to make purchasing transactions via compatible Apple devices.

5. Google Pay#: A digital payment service provided by Google that allows users to make quick and secure payments via smartphones and other smart devices. #EarnFreeCrypto2024 #Web3 #مدفوعات #انترنت 2436728084#payment#mobile $ADA $BNB