The situation with DOGS and why it might face the same fate as NotCoin, broken down simply 👇 1. Everyone knows it's from the same team. 2. Durov is under investigation, which could worsen the situation. 3. The same MM operates across all tokens: gathering liquidity, consolidation, and pumping after a week or two. 4. Then comes the sell-off (likely due to a weak market, or they might have bigger plans for the tokens) since these are the flagships of the Cliker Game and TON ecosystems. [Don’t forget to Vote me, Visit my profile and Vote here](https://app.binance.com/uni-qr/cpro/Crypto_Eagles?l=en&r=49665798&uc=app_square_share_link&us=copylink) I’d wait for a drop to at least the 0.0007 level (unless Durov is suddenly freed and the TON ecosystem starts pumping) — but it’s a tricky situation. #TelegramCEO #PowellAtJacksonHole #PowellAtJacksonHole

Technical Analysis of #HFT/USDT : Key Support and Resistance Levels" $HFT {future}(HFTUSDT) {spot}(HFTUSDT) The HFT/USDT pair is currently trading at 0.1668, showing a slight pullback after a recent upward movement. The price is hovering around the 200-period Simple Moving Average (SMA) at 0.1647, which acts as a dynamic support, suggesting a cautious market sentiment. The Volume-Weighted Average Price (VWAP) is at 0.1710, indicating that the price is currently below its average trading level, which may reflect a bearish undertone in the short term. Indicators: RSI (Relative Strength Index): The RSI is currently at 34.16, which is approaching the oversold territory. This suggests increasing selling pressure and could indicate a potential for a short-term reversal if the market becomes oversold. MACD (Moving Average Convergence Divergence): The MACD shows a bearish crossover with the MACD line below the signal line and a negative histogram, suggesting continued bearish momentum. The histogram bars are expanding in the negative zone, indicating growing selling pressure. Bullish Scenario: If the price manages to hold above the 200-period SMA at 0.1647 and reclaim the VWAP level at 0.1710, it could signal a potential recovery towards the next resistance zone around 0.1800. A sustained breakout above this level, particularly with increased volume, could push the price towards 0.1900 or higher, confirming a reversal to a bullish trend. Bearish Scenario: On the downside, if the price fails to maintain support above the 200-period SMA and continues to drop, it could revisit the lower support zone around 0.1600. A break below this level could confirm a continuation of the bearish trend, targeting further downside towards 0.1500 or lower. Disclaimer: This analysis is for informational purposes only and is not financial advice. Trading cryptocurrencies involves high risk. Always conduct your own research and consult a financial advisor before trading. #6thTrade #DOGSONBINANCE #BNBChainMemecoins #BecomeCreator

#BTC WENT EXACTLY AS THE HIGHLIGHTED POSSIBILITY WAS ENVISIONED Here's our updated #BTC possible price action after it got rejected 6 times thrice at 61K, once at 62K and twice at 65K. Such high rejection could cause the price to plummet. This fact also coincides with our GMR strategy where the altcoins have already reached high impulsive upward movements. Knowing this, the possibility that the rejection would occur with immense impulsive wave towards the lower key levels would support the fact. Now, most likely almost everyone in the market would also verify these factors and eventually lead to the whole market corresponding with this price action vision. To further support the fact that we've provided, you may also use this descending channel as a reference. If the price breaks down from 53K-55K, the analysis that we've provided before where we can see the $30K-$40K price range as the catalyst for altcoins to rise will be possible. Stay wise, trade cautiously. {future}(BTCUSDT) {future}(ALPACAUSDT) {future}(ETHUSDT) #BinanceSquareCreatorAward #BecomeCreator #GAINERSPACK $BTC $ETH $ADA

I posted two days ago that $63K was a very sensitive zone for $$BTC ! The price however tested $65k and bounced to hover around $63K. There is hope of upwards movement within the next few hours and close of today's price above $63K Check my signals, updates this should make you follow me and never miss out on next market moves.

Uber Slapped With $324M EU Fine As Stock Dips Amid Data Transfer Scandal

Investor Misses Out On $2 Million Profit From SUNDOG

🚀 Crypto Surge Alert! 🚀 📈 Massive Inflows in Digital Assets! 📈 Last week, crypto markets saw a tidal wave of investment, thanks to Jerome Powell's pivotal speech at the Jackson Hole Symposium. CoinShares reports an impressive $533 million inflow into digital assets between August 18 and August 24. 💬 Powell’s Powerful Words 💬 His hints at a potential interest rate cut in September sent ripples of optimism through the market. This led to Bitcoin (BTC) capturing a whopping $543 million in inflows, highlighting its sensitivity to rate expectations. 🔮 The Future Looks Bright 🔮 As Powell’s speech boosted confidence in the Fed’s dual mandate of price stability and employment, digital assets are riding high on this positive outlook. Stay ahead of the curve and make the most of this bullish momentum! 🌟💰 #Binance #Rai #CryptoSurge #Bitcoin #Ethereum

DOGS Airdrop Disrupted Telegram Wallet and Exchange Services

FLOKI Leads the Meme Coin Rally With a 37% Surge

💰 CME BTC futures open interest dips then rebounds to $5.64 billion as institutional investors adjust to volatility Open interest (OI) of longs on CME futures by asset managers reached $4.97 billion two weeks ago. This marks the metric's lowest point since early March and is a significant drop from the all-time high of $6.74 billion observed in the first week of July. The recent dip suggests that asset managers have been reducing their long exposure to BTC, possibly in response to recent market volatility or as part of risk management strategies in a period of macroeconomic uncertainty. #BTC☀ #Write2Earn! #CryptoMarketMoves #PowellAtJacksonHole #LowestCPI2021 $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) $BNB {spot}(BNBUSDT)

Cryptocurrency Trader Makes $652K Profit Through Savvy Memecoins Trades

Crypto Press Release

Trump’s Call for US Bitcoin Mining Hits China’s Bitmain Hard

$FLUX is showing a potential bullish breakout from a descending triangle pattern. A break above the 0.6650 resistance level could signal further upside. Keep an eye on this FLUX. #BNBChainMemecoins #BinanceBlockchainWeek #CryptoMarketMoves #Write2Earn!

$JUP is gathering pace. The confirmation of $0.64 support and significant volume movement suggests we'll hit our $1.76 target sooner than anticipated, especially if Bitcoin remains bullish. There's been a 230% gain boost in the past.

✖️ XRP Set to Explode: Top Analyst Predicts 33% Rally 📈 XRP could be on the verge of a major breakout, with a top analyst forecasting a 33% rally. Growing momentum and positive market conditions suggest that XRP might be gearing up for a significant surge. 💡 If this prediction holds true, XRP holders could see substantial gains in the coming days. #XRPGoal #Write2Earn! #CryptoMarketMoves #LowestCPI2021 #BNBChainMemecoins $XRP {spot}(XRPUSDT) $BTC {spot}(BTCUSDT)

🚀 $DOGS Update: Bullish Signals Ahead! 🚀 After its recent listing, $DOGS is showing some exciting signs. Sell pressure is holding steady, likely thanks to the low listing price. 📉 🔍 Technical Insight: The 3-minute candles are forming a clear triangle pattern—check out the chart! This could be a precursor to a significant move. 💹 Market Cap Watch: Currently at $620M, there’s potential for a jump to $3B in the medium term. This means there’s ample room for growth, but it’s essential to stay vigilant and patient. Keep a close eye on the chart and market cap for any shifts. Don’t expect a major drop before we see a potential pump! 📈

Backed By $BNB Labs, Sahara AI In Few Days Raises $43M! 🤯🔥👇 Binance Labs has recently invested into an AI project named Sahara AI! Sahara AI (launched on 14 August) already raised $43 million, it is a decentralized AI blockchain that aims to create a collaborative AI economy. In simple words, they want to create an ecosystem where the various stakeholders (developers, businesses and individuals) work together by providing their own data, AI models or computational resources. An approach that will equally compensate all the participants! Basically, the platform will allow users to retain ownership of their AI contributions! - [Please, don't forget to Cast Your Vote](https://app.binance.com/uni-qr/cpro/InnovAlain?l=en&r=376316070&uc=web_square_share_link&us=copylink) 🙏 In my opinion, Sahara AI looks promising. Major investors like Binance Labs and Pantera Capital are already in. What I really like about this project is the fact that it aims to disrupt the current centralized AI models dominated by the big tech companies. Sahara AI will offer a better fairness in how AI technologies are created, shared and used! Which AI Tokens Do You Hold? 🤔 Let Me Know In Comments! STAY TUNED! 🔥 & Remember, Your Support Is MASSIVELY Appreciated!👍💪 Also Don't Forget To Share It To Your Buddy! 🎅 - DYOR 🙏 NFA.🤝 #AITokens #BinanceLabs #fundraising #AltcoinInvesting #SaharaAI

DOGS Price Skyrockets And The Other Side of DOGS... DOGS Price Rallies Amid Binance Listing The DOGS/USDT spot pair soared by an impressive 124.03%, reaching $0.001202 at press time on Binance. This surge came as part of DOGS debut as the 57th project on Binance Launchpool. The project went live today and the response from the market was immediate and overwhelmingly positive. Investors quickly flocked to the crypto exchange, driving the token’s price up by over 120% within hours of its launch. The Binance debut was nothing short of remarkable, reflecting strong interest in the project despite TON network facing scrutiny amid Telegram CEO Pavel Durov’s arrest. Adding to the excitement around DOGS price surge, the Telegram Open Network (TON) reported a massive spike in on-chain activity following the listing. According to the TON team. The TON network, which serves as the backbone for these transactions, is currently undergoing stress testing to handle up to 10 million users trading “Congrats to Dogs Community who have started their on-chain claim process. We hear they are currently processing up to 150K requests a minute, and we expect this number to increase, The team warned, Expect slight delays in transaction processing times as the network expands to handle the load. Amid the DOGS price surge on Binance,the sudden influx of activity also had a ripple effect on other cryptocurrency exchanges.Telegram Wallet reported disruptions in its services due to the high volume of transactions.The wallet’s function became temporarily unavailable, leading frustration among users. The Other Side Despite surge in DOGS price on Binance, the token faced a sharp correction on other platforms.DOGS price plummeted by 29.11% to $0.001202,Earlier,DOGS price hinted at an imminent crash owing to the massive token unlock. Binance also faced its challenges amid the DOGS price rally and the TON network’s stress testing.The exchange announced delays in the TON network upgrade process. This resulted in the temporary suspension of TON token deposit and withdrawal services.

DOGS price prediction, the price of DOGS is predicted to rise by 228.04% and reach $ 0.007001 by September 25, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 55 (Greed). DOGS recorded 5/7 (71%) green days with price volatility over the last 30 days. Based on the DOGS forecast, it's now a bad time to buy DOGS. #dogs #Write2Earn #BecomeCreator #CryptoMarketMoves #CryptoForEveryone $DOGS {spot}(DOGSUSDT)

SHIB Burns Explode by 790% Despite Massive Price Setback

BTC-USDT ‼️ Bitcoin swept liquidity around $65,000, so I wouldn’t expect growth from the current levels. Ideally, it would cover the imbalance, test $61,700, and from there, it could fly to the $67,000 area. But If btc sustain here then we can see good pump... Today, I wouldn’t rush to open new positions. It’s better to wait for at least a test of the imbalance, and then we’ll need to watch the altcoins ‼️ #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO #PowellAtJacksonHole #CryptoMarketMoves

An exclusive fireside chat on #Binance Square. Who’s excited? 🙌 📅 August 29, 2024 ⏰ 1:00 PM UTC 📍 https://app.binance.com/uni-qr/cspa/12679859729345?l=en&r=722821959&uc=web_square_share_link&uco=Na1B6PUjBNGQfhvh1T_yig&us=copylink Have any burning questions for me? Drop it in the comments below and I’ll see you there on Thursday!

📊 $BTC seems to be trading within a parallel channel on the lower time frames. If the $63,500 support holds, BTC could bounce back to $64,200 or even $64,800. However, if it breaks, a drop to $62,800 might be on the horizon. {future}(BTCUSDT)

🌟 Kamala Harris Redefines Democratic Party, Says Billionaire Mark Cuban. 🤔 Mark Cuban's Take on Kamala Harris Billionaire investor Mark Cuban has made a bold claim on social media, asserting that Kamala Harris is not just following the Democratic Party line but redefining it. According to Cuban, the party is now aligning itself with Harris's unique policies, making her a true game-changer. 💼 Pro-Business and Independent Cuban further praises Harris for her pro-business stance and independent thinking. He sees her as a refreshing departure from ideological rigidity, emphasizing that she is carving out her own path. 🎙 Harris's DNC Speech Sets the Tone Harris's recent acceptance speech at the Democratic National Convention in Chicago showcased her policy goals on various contentious issues. While she didn't touch on digital assets directly, she vowed to represent all Americans and foster unity. 📈 Harris Surges Ahead in Polls Following Joe Biden's withdrawal from the race, Harris has surged ahead of Republican nominee Donald Trump in national polls. This unexpected turn of events has only bolstered Cuban's support for the former prosecutor. 💡 A New Era for Business and Blockchain? Cuban believes that Harris might be more receptive to the blockchain sector than her predecessors. In an interview with Politico, he hinted at a potential shift in policy towards embracing emerging technologies like AI and crypto. 🔴 Crypto Policies Gain Importance As the race between Trump and Harris heats up, their respective stances on cryptocurrencies could become crucial. With Cuban's endorsement and his insights into Harris's potential openness to innovation, the crypto community is paying close attention. #CryptoMarketMoves #Write2Earn! #LowestCPI2021 #BinanceBlockchainWeek #BTC☀ $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) $BNB {spot}(BNBUSDT)

What is Filecoin Plus? It’s a program designed to boost the amount of useful data stored on the Filecoin network. By using DataCap tokens, clients can store verified data with providers, enhancing their chances of earning rewards. https://filplus.storage/

Jm say it back

A few days ago we gave you a first glimpse of our open platform 𝗦𝗸𝘆𝗡𝗲𝘁 𝗔𝗜 𝗠𝗮𝗿𝗸𝗲𝘁𝗽𝗹𝗮𝗰𝗲, and the first AI marketplace partner, Tripo, a leading AI-to-3D platform to be integrated into and deployed on SkyNet, enabling Phoenix to provide scalable AI-to-3D solutions for gaming, animation, content & NFT, and metaverse partners. Today we are glad to welcome @Meta2150s into the Phoenix AI Ecosystem. Meta2150s is a Web 3 gaming aggregator and platform built on Solana, and is partnering with Phoenix to 𝗹𝗲𝘃𝗲𝗿𝗮𝗴𝗲 𝗔𝗜-𝘁𝗼-𝟯𝗗 𝗰𝗮𝗽𝗮𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀 𝗼𝗻 𝗼𝘂𝗿 𝗦𝗸𝘆𝗡𝗲𝘁 𝗔𝗜 𝗠𝗮𝗿𝗸𝗲𝘁𝗽𝗹𝗮𝗰𝗲. This includes image-to-3D model, text-to-3D, and text-to-3DMotion. This partnership will enable Meta2150s to accelerate the creation of in-game assets such as NPCs, objects, as well as NFTs within the platform using AI. 𝗜𝗺𝗮𝗴𝗲-𝘁𝗼-𝟯𝗗 𝗶𝘀 𝗲𝘀𝗽𝗲𝗰𝗶𝗮𝗹𝗹𝘆 𝗱𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁𝗶𝗮𝘁𝗲𝗱 through Phoenix as users and partners can leverage the cutting-edge image model FLUX on Phoenix AI and then feed the image through Image-to-3D, essentially combining the best Text-to-Image AI model with the leading AI-to-3D technology in one streamlined workflow on one platform.

Over 300M swaps on the Uniswap Protocol this year And there’s still four months to go 🫣

Trader Gains $495 in 20 Minutes from SUNDOG Token Sale

Buy Crypto via Apple Pay 💳 Komodo Wallet offers a variety of on-ramp options for you. Thanks to our partners @RampNetwork and @BanxaOfficial, you can now buy #crypto using: >Apple Pay >Card Payments >Visa/Mastercard Set up your wallet today and buy crypto effortlessly 👇

As expected, Bitcoin tested the $65,000 resistance level but failed to break it in the first attempt. We will see another test of the resistance area to see if the price can break above it or not. This is a crucial zone for BTC.

Rus ajanslarına göre: Fransa'da Pavel Durov'un gözaltı süresi 28 Ağustos'ta sona eriyor, diye bildirdi savcılık. Durov, 8 Temmuz'da başlatılan bir soruşturma kapsamında gözaltına alındı, Paris savcılığı bildirdi. $TON

Hong Kong SFC Tightens Grip on Crypto Licensing Standards

Binance Labs Boosts AI Innovation With Strategic Investments

Russia to Test Crypto Exchanges for Cross-border Payments

⚠️ New listing alert! $DOGS (@realDogsHouse) is now available for trading on WOO X perpetual futures market, with up to 10x leverage. Trade $DOGS-PERP ▶️ https://x.woo.org/en/trade/DOGS_PERP

I'm done...

Introducing Lunare, $DUSK's evolving devnet! Lunare, our testing ground for deploying new versions of Rusk, is live! In fact, it already has been for a week, and has been working well! Lunare is where we will innovate, test and refine Dusk! https://dusk.network/news/introducing-devnet/

📣Binance announced that users are experiencing issues accessing the website: We are aware that some users are experiencing errors when visiting our website. This is due to an increase in page traffic. Our team is currently investigating this and most of the issues have been resolved. We recommend that users refresh the website or use the Binance app. Don't worry, your funds are safe.

Dota2 World Champions after winning at the EWC 🔥 @GaiminGladiator setting a high standard! 💪 🤯

Something’s coming. Can’t keep our eyes off the clock 👀

$AR is showing strong momentum, with a solid support level at $21 and a clear upward trend, suggesting a potential rise towards the next target of $33. Hopefully, $BTC will also continue its positive trend! Previously we've seen 11x gains on it.

⚠️ BREAKING UPDATE REGARDING $RARE $SUN $PEPE 👉 [VISIT MY PROFILE VOTE FOR ME AND CLAIM YOUR 5 USD](https://www.binance.com/en/square/profile/maidah_aw)🙏 RARE (SuperRare) Analysis: RARE is experiencing a decline of 11.29% in value. The major support level for RARE is at $0.200, which has been a crucial point for buyers. On the resistance side, $0.220 is the key level to watch. If RARE can break above this resistance, it could see further gains. However, a drop below $0.200 might lead to a pullback towards $0.190. SUN (Sun) Analysis: SUN is showing a significant decrease of 16.52% in value. The major support level for SUN is at $0.030, which has held strong during recent market corrections. The key resistance level to monitor is $0.040. Breaking above this resistance could lead to further upward movement. Conversely, if SUN falls below $0.030, it might see a decline towards $0.025. PEPE (Pepe) Analysis: PEPE is seeing a moderate decrease of 1.77% in value. The major support level for PEPE is at $0.00000850, which has been a critical point for buyers. On the resistance side, $0.00000900 is the key level to watch. If PEPE can break above this resistance, it could see additional gains. However, a drop below $0.00000850 might lead to a pullback towards $0.00000800. KEY LEVELS TO WATCH: RARE: $0.200 (support), $0.220 (resistance)SUN: $0.030 (support), $0.040 (resistance)PEPE: $0.00000850 (support), $0.00000900 (resistance) Support us and cast your vote that will encourage me to create more amazing content for you all 🙏 #TelegramCEO #Write2Earn! #BinanceTurns7 #MtGoxRepayments #BinanceLaunchpoolDOGS

BUY, SELL OR HODL $DOGS 🤔🐾🐾🐾

Telegram Says It Is Compliant With EU Digital Services Act After Founder Pavel Durov's Arrest

⚠️ Beware of Scams: Trump Family's World Liberty Financial DeFi Project Warns Investors 🚨$BNB $BTC $USDC 🌏⤴️🪙 {spot}(USDCUSDT) {spot}(BTCUSDT) {spot}(BNBUSDT) 👪 The Trump family's World Liberty Financial DeFi project has issued a warning to investors to be cautious of scams and fake tokens claiming to be associated with the project 🤥. 🚫 Scammers may try to trick investors into buying fake tokens or investing in fraudulent schemes, so it's essential to be vigilant 🔍. 📢 The project's leaders have advised users to: - Ignore any messages not from official channels 📵 - Follow their official X account for updates 📱 🚀 This warning comes after the announcement of the DeFi-based banking venture, which aims to: - Challenge traditional banking systems 🏦 - Give users control of their money 💸 🔒 The project promises to provide a secure and transparent platform for financial transactions, but investors must be cautious of scams to ensure their safety 🔒. 👍 Stay informed, stay vigilant, and only trust official sources to avoid falling victim to scams 💯.

Binance Labs инвестирует в ИИ-экосистему В рамках венчурного финансирования Binance Labs поддержала два ИИ-проекта: Sahara AI and MyShell. Таким образом компания диверсифицирует источники дохода и стремится добиться большей интеграции криптоиндустрии и сферы ИИ. Новые проекты среди прочего будут способствовать более эффективному распределению вознаграждений среди участников, а также развитию виртуальной инфраструктуры. $BNB {spot}(BNBUSDT) $DOGS {spot}(DOGSUSDT)

Crypto Asset Manager Grayscale Offers AVAX Token Investment in New Avalanche Trust 🌐

MoonTaurus (MNTR) Price Prediction: Is This PEPE Rival a Good Investment in 2024?

#BTC UPDATE ... "After hitting $65,500, the price of bitcoin$BTC fell. Yesterday, it was roughly $63,300. It was back at $63,300 today after briefly touching $65,500 once again. It is likely to reverse because the upward momentum has ceased. Be ready for things to possibly go south. There might be a price decline shortly." Please ask me any other questions you may have!

Cryptocurrency Market Sees $89.2 Million in Liquidations Over 24 Hours

India Investigates Telegram Over Alleged Criminal Activities

Solana (SOL) Manoeuvres Into Pole Position Ready for Bull Market Surge

Celo Foundation and Celosphere Launch New Music NFT Collection

This Crypto Expert Predicts Where the Cardano (ADA) Price Is Headed Next

Emergency 🚨 Update : #UNI/USDT $UNI Price is in a Downtrend, however, it had a bullish breakout from Channel Down pattern, above $6.50 resistance, which could signal at least a temporary bullish trend reversal, with upside potential to $8.00. Stop Loss at $5.40. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. Learn to trade breakouts in Lesson 7 and Risk Management in Lesson 9. Uniswap is the biggest DEX – see On-chain data, and has been a beneficiary of the move to decentralized exchanges and non-custody trading solutions. Pattern: Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) - initiate a trade when the price breaks through the channel's trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend: Short-term trend is Neutral, Medium-term trend is Down and Long-term trend is Strong Down. Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance: Nearest Support Zone is $5.60, then $4.80. Nearest Resistance Zone is $8.00, then $12.00. #haxnocrypto #crypto2024 #altsesaon #CryptoMarketMoves

FLOKI Trading Bot Hits Record $11.6M Volume, Simon’s Cat Competition Drives Growth

Green Global FX Surpasses $1 Billion in Annual Crypto Revenue, Solidifying Its Market Leadership

All Eyes on Fed Speech: 3 Things to Watch in Week

$FTM is showing a strong uptrend as $BTC also appears bullish. The confirmation of its $0.376 support level signifies a clear path toward our $0.73 target. If the gaming ecosystem sustains its bullish trend, we could see further gains. We've seen 570% gains in the last rally.

MPAA: Driving Change Through Decentralized Democracy

🇬🇧 UK Crypto Landscape Stagnates as FCA Halts Registrations for Six Months 🚨 $SOL $ETH $LISTA 🌏⤴️🪙 {spot}(LISTAUSDT) {spot}(ETHUSDT) {spot}(SOLUSDT) 📊 The Financial Conduct Authority (FCA) has pressed the brakes on cryptoasset business registrations for six months 🕰️ due to concerns over: - Anti-Money Laundering (AML) 🚫 - Counter-Terrorist Financing (CTF) 🚫 👮 The FCA has been actively supervising cryptoasset businesses, taking action against unregistered crypto ATMs across the UK 📍. 📝 The FCA's primary concern is ensuring cryptoasset businesses meet minimum standards for registration under its AML/CTF regime 📊. 📝 Temporary Registration Regime (TRR) deadline extended to March 31, 2022 📆 due to UK crypto companies' lack of AML compliance 🚫. 🤔 This move aims to strengthen AML/CTF controls in the UK crypto space, but may lead to: - Stagnation in the UK crypto market 📉 - Delays in innovation and growth 🚫 👍 The FCA's actions demonstrate a commitment to regulating the crypto space and protecting consumers from financial crime 💰. 🚀 However, the UK crypto industry must adapt to meet the FCA's requirements and ensure compliance to move forward 🚀.

$UTK forming a descending channel on the weekly timeframe Potential for a massive bullish rally if breakout above midline succeeds Increased volume could signal strong breakout momentum Set stop-loss below support zone if entering the trade