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đŸ’”đŸ’” Leading Colombian bank launches crypto exchange and peso stablecoin Colombia’s largest bank, Bancolombia, has entered the crypto business by launching a crypto exchange called Wenia. The crypto platform aims to on-board 60,000 users in its first year and compete with Binance and Bitso. Along with a crypto exchange, the Colombian bank also launched a stablecoin called “COPW,” which is pegged to the Colombian peso. The stablecoin will act as an onboarding solution for exchange users. Apart from the COPW stable coin, Weina will allow the trading of Bitcoin $63,009, Ether  $3,037, USD Coin USDC$1.00 and Polygon’s MATIC$0.7030. To access Weina, traders must be Colombian nationals residing in the country. The banking giant aims to consolidate the high usage of cryptocurrency in Colombia by catering to both amateur and experienced crypto traders through its platform. Colombia ranks third among Latin American countries in crypto adoption, according to the 2023 Global Crypto Adoption Index from Chainalysis. $BTC $SOL $BNB #ai #eth‬ #altcoins #BlackRock

đŸ’”đŸ’” Leading Colombian bank launches crypto exchange and peso stablecoin

Colombia’s largest bank, Bancolombia, has entered the crypto business by launching a crypto exchange called Wenia. The crypto platform aims to on-board 60,000 users in its first year and compete with Binance and Bitso.

Along with a crypto exchange, the Colombian bank also launched a stablecoin called “COPW,” which is pegged to the Colombian peso.

The stablecoin will act as an onboarding solution for exchange users. Apart from the COPW stable coin, Weina will allow the trading of Bitcoin $63,009, Ether  $3,037, USD Coin USDC$1.00 and Polygon’s MATIC$0.7030. To access Weina, traders must be Colombian nationals residing in the country.

The banking giant aims to consolidate the high usage of cryptocurrency in Colombia by catering to both amateur and experienced crypto traders through its platform.

Colombia ranks third among Latin American countries in crypto adoption, according to the 2023 Global Crypto Adoption Index from Chainalysis.

$BTC $SOL $BNB

#ai #eth‬

#altcoins #BlackRock

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đŸš€đŸ’„ $WIF smashes past $3: Will WIF reach $5 soon? 🔮 Dogwifhat [WIF] bulls have stepped up their game over the last few days, as the meme coin registered a double-digit growth. As a result, WIF broke above a bullish pattern, which has the potential to cause further growth in the coming days.  WIF bulls are winning WIF investors were having a great week as the meme coin’s price increased by a healthy 20% in the last seven days. The bulls pushed even harder in the last 24 hours as WIF’s value surged by 8%. At the time of writing, Dogwifhat was trading at $3.11 with a market capitalization of over $43.1 billion, making it the 38th largest crypto. The recent price uptick also allowed the meme coin to break above a symmetrical triangle pattern. Captain Faibik, a popular crypto analyst, recently posted a tweet highlighting this development. The tweet mentioned that WIF consolidated inside the pattern for the last 80 days before finally breaking out, which could result in an 80%–90% bull rally soon. Apart from this, Lookonchain recently posted a tweet that pointed out that buying pressure on the meme coin was high. According to the tweet, a whale spent 17,966 SOL, worth $2.98 million, to buy 953,177 WIF at $3.13. This whale previously spent 1 million USDC to buy 355,417 WIF at $2.81 on the 21st of May. However, it was surprising to note that despite the hike in price and buying pressure, sentiment around the meme coin remained bearish as its Weighted Sentiment went into the negative zone. Its Social Volume also remained low, reflecting a decline in WIF’s popularity. #EarnFreeCrypto2024 #FIT21 #btc70k #ETFvsBTC #Megadrop
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😏😏😬😬😬 #EarnFreeCrypto2024
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đŸ›‘đŸ”„$82 Million Bitcoin Mystery Stuns World's Largest Exchange. A substantial withdrawal of 1,195 Bitcoin, valued at approximately $81.95 million, has been made from Binance, the world’s largest cryptocurrency exchange. This transfer to an unknown address has caught the attention of the crypto community as, typically, massive withdrawals from exchanges are perceived as bullish signals for the price. The logic is simple: large investors buy digital assets on liquid platforms like Binance and then move them to private wallets for storage, indicating long-term holding strategies. The address "bc1qm34" hosted by the exchange transferred millions of tokens to "1126a" in one tranche. This address is relatively fresh and was activated a month ago by a transfer from the same Binance - for 89,668 BTC, equivalent to $5.62 million. In general, all interactions of this address are related to Binance, as well as the address "bc1q7." That is, funds move only between these three addresses.  A deeper dive through Arkham Intelligence data, however, reveals that the address in question may belong to Ceffu - an institutional digital asset platform offering custody and liquidity solutions. The second address, however, also belongs to the platform and is its custodial address. It now holds 250.219 BTC worth $17.45 million. Thus, it can be stated that there is no special mystery and mysticism in this transfer - just one platform withdraws Bitcoin from the largest, and in fact, liquid, platform for its own needs. Meanwhile, Bitcoin continues to trade around $70,000 per coin. Toward the end of the day today, the price of the main cryptocurrency is adding more than 2%. To reach the absolute maximum price of Bitcoin, at $74,000, less than 5.5% remains.  $BTC #MtGox #ETHETFsApproved #EarnFreeCrypto2024 #ETFvsBTC #altcoins
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đŸ›‘đŸ”„Meme Coin Season Is Back ?? Major meme cryptocurrencies have experienced substantial gains over the past 24 hours Mog Coin (MOG) and Floki Inu (FLOKI) have added 33.8% and 23%, respectively, becoming the best-performing meme coins with a market cap over  Dogecoin (DOGE) and Shiba Inu (SHIB) are also in the green, adding 1.5% and 4.5% (respectively) over the past 24 hours. Last week, the two meme coins recorded notable price increases after Tesla CEO Elon Musk paid tribute to the late Shiba Inu Kabosu who inspired the Doge meme. Pepe (PEPE) has added almost 6%, with its market cap surpassing $7 billion. It is now just one spot away from joining the elite club of the 20 largest tokens by market capitalization.  Solana-based meme coins dogwifhat (WIF) and Bonk (BONK) have both surged by nearly 10%.  After Dogecoin exploded in popularity in 2021 due to Musk's tweets, many assumed that the meme coin would end up being a fad. However, it has managed to retain its place within the top 10 Moreover, the meme coin sector continued to grow at a rapid pace, and several other rivals are now vying for Dogecoin's throne.  $DOGE $SHIB $PEPE #MtGox #FIT21 #FIT21 #EarnFreeCrypto2024 #ETFvsBTC
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đŸ’„đŸ‡šđŸ‡łCHINESE WOMAN JAILED AFTER 3 BILLION BITCOIN SEIZURE đŸ€Ż Jian Wen, 42, came to the attention of police when she tried to buy some of London's most expensive properties, including a ÂŁ23.5m seven-bedroom Hampstead mansion with a swimming pool and a nearby ÂŁ12.5m home with a cinema and gym. The investigation led to the UK's biggest-ever cryptocurrency seizure when more than 61,000 Bitcoin were discovered in digital wallets. The cryptocurrency was worth ÂŁ1.4bn at the time but its value has now risen to more than ÂŁ3bn, while 23,308 Bitcoin, now worth more than ÂŁ1bn, linked to the probe remains in circulation. The Bitcoin allegedly came from a ÂŁ5bn investment scam carried out in China between 2014 and 2017. Wen was not involved in the fraud but was said to have acted as a "front person" to help disguise the source of the money, some of which had been used to buy cryptocurrency and smuggled out of China on laptops. She was found guilty of one count of money laundering, relating to 150 Bitcoin, now worth nearly ÂŁ8m, between October 2017 and January 2022 last month following a retrial at Southwark Crown Court. Wen was jailed for six years and eight months today by Judge Sally-Ann Hales KC, who told her: "I am in no doubt you came to enjoy the better things in life. "The evidence showed you and, to some extent, members of your family were generously rewarded for your service." $BTC #MtGox #EarnFreeCrypto2024 #ETFvsBTC #FIT21 #btc70k
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