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Kurban Bayramınız Mübarek olsun 🙏🌙
#Eidmubarak 

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🇷🇺😱Very important crypto move from Russia: Stablecoins are becoming legal👀 Russia, which is experiencing difficulties in trade due to Western sanctions, aims to legalize the use of stablecoins in cross-border payments. The Central Bank of #Russia also actively participates in the work. Russia, which has been on the agenda with its anti-#cryptocurrency policies for a while, has warmed up to this field, especially with the Western sanctions following the Ukraine war, and it is stated that it is finally planning to legalize the use of cryptocurrencies. The use of stablecoins in cross-border payments within the country. According to the news of Russian media Izvestia; It was stated that the volatility of the cryptocurrencies to be used is desired to be low, therefore it is aimed to use fixed currencies indexed to gold or the US dollar. “It is not a temporary trial, but a permanent regulation…” Deputy Governor of the Central Bank of Russia Alexey Guznov also officially confirmed the study and said: Our first focus here should be on streamlining the transaction chain. Movements such as transferring the relevant cryptocurrency to Russia, saving it and using it in cross-border payments need to be placed within a certain framework. "We want this to be a permanent regulation, not a temporary trial." It was also written in the news that there was a possibility that these stablecoins could be used in transfers between BRICS countries. The volume of stablecoin usage in Russia increased to 6.8 trillion dollars in the first quarter of 2024. This figure is also equal to the volume of the entire year in 2022... So, it is obvious that there is a serious usage situation in the country. It is thought that this volume consists of payments made to China rather than use by individuals. #BTC #binance #Stablecoins

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😱🚀🚀Top 3 Altcoins To Transform A Small Investment Into A Fortune😱🚀🚀 Bulls Poised for Pyth Network (#PYTH ) Rally: A Breakout on the Horizon? Pyth Network ($PYTH ) is showing signs of strength, currently trading in the $0.30-$0.34 range. The bulls and bears are in a close tug-of-war, but the bulls appear to be gaining momentum. PYTH is nearing the $0.37 resistance level after a modest 1-week price rise of 0.71%. With its RSI around 50 and MACD staying positive, a potential breakout seems near if bulls persist. If PYTH crosses the $0.37 mark, it could quickly climb to the second resistance level of $0.41, translating to over a 20% jump. With supportive indicators aligning, PYTH may be gearing up for significant growth. Pepe (#PEPE ) Eyes Bullish Breakout Amid Price Consolidation Pepe ($PEPE ) is currently trading between $0.0000101 and $0.0000136, showcasing a tug-of-war between bulls and bears. With the nearest resistance at $0.0000153 and support around $0.00000829, the coin has room to climb. If bulls manage to push PEPE above the first resistance, a move towards the second resistance at $0.0000188 is plausible, marking a potential rise of up to 130% from current levels. Despite a 23.53% drop in the past month, the coin has surged by over 855% in the last six months. With an RSI of 42.70 suggesting it’s not overbought, a breakout could signal a strong bullish run ahead. Ondo (ONDO) Shows Bullish Potential Despite Recent Dips Ondo (#ONDO ) currently trades between $1.07 and $1.31, and it’s been a rollercoaster. The coin has seen a minor drop of just over 3% in the last week and a 16% dip in the past month. But let’s not forget the huge 3818% climb over the last six months! With the RSI near 40 and the Stochastic at 13, it seems oversold and could bounce back. If ONDO breaks the $1.42 resistance, it could aim for $1.67, which is about a 26% rise from the upper end of its current range. The bulls might just be gearing up for another run! #altcoins

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🚨🚨🚨Binance Delists Low Liquidity Trading Pairs: What You Should Know Binance, the world’s leading cryptocurrency exchange, has announced that it will delist several high-profile cryptocurrencies from its platform. This move includes removing trading pairs involving AI/TUSD, BTC/AEUR, #CHR /#BNB , ETH/AEUR, #GAS /FDUSD, and LQTY/FDUSD Binance’s decision is part of a broader review aimed at improving trading quality on its platform. The primary drivers behind this action are concerns over inadequate liquidity and low trading volumes. By streamlining its offerings, Binance aims to enhance overall market efficiency. Lots to unpack. Let’s dive in, shall we? Market Reaction: Immediate Volatility The news has already stirred significant reactions within the crypto community and financial markets at large. The affected cryptocurrencies saw initial price volatility as traders scrambled to adjust their positions in light of Binance’s announcement. Binance has reassured users that the delisting of these trading pairs will not hinder the availability of the tokens themselves. Traders can still access these cryptocurrencies through other trading pairs on the platform. Investor Sentiment and Market Dynamics In response to the delisting, Binance has indicated it may take further steps to manage risk if market conditions become unstable, potentially adjusting maximum leverage, position values, and funding rates. This move underscores Binance’s commitment to maintaining market stability. However, it has sparked speculation about how these adjustments could influence the prices of affected cryptocurrencies. Historically, such announcements have caused catastrophic situations in the market, with a major concern of an increase in liquidity. Positive news typically boosts prices, while negative developments can lower investor confidence. In this instance, the delisting of trading pairs has created uncertainty, prompting investors to reassess their trading strategies and positions. #altcoins #binance

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😱🚀🚀Altcoins with rising potential before the Bull Sseason arrives Pyth Netwrok (#PYTH ) $PYTH Network gained huge attention as the prices soared above 400% since the start of the year which remained unaltered regardless of the bearish trend that followedThe price is trading within a descending parallel channel and is consolidating within a range from the past fortnightThe extreme consolidation suggests the bulls could soon gain dominance and elevate the levels to $0.5 initiallyAs the selling pressure has intensified over time, it seems that the bulls may revamp a steep ascending trend as suggested by the bull-bear powerOnce, the PYTH price sustains at these levels, then the path to $1 may be pretty clear without major hindrance #ZkSync (#zkSynk ) The RSI has maintained an incremental trend, due to which the price is on the verge of completing the parabolic recovery to reach the necklineThe neckline around $0.232 to $0.23 can be considered extremely crucial, as the bulls are expected to fall weak at these levelsMeanwhile, if they display some strength at these levels, then the price could trigger a fresh rise to form a new ATH above $0.3By then, market sentiments may have turned bullish, which could trigger a fresh ascending trend, discovering new highs in the latter half of 2024 Conflux (#CFX ) The recent pullback appeared to be the end of the bullish trend as the price dropped after forming a mountain However, the possibility of a trend reversal emerges as the RSI is again testing the average range, aiming to surpass the levels Unfortunately, the bears have dominated the markets and as a result, the price may also face a minor pullback After undergoing a small drop of nearly 18% to 20%, the $CFX price is expected to initiate a fresh upswing and maintain a steep ascending trend to reach the upper resistance zone at $0.21 During the last quarter, the markets are expected to become more optimistic, which may trigger a fresh ascending trend to reach $1 in the last few weeks of 2024. #altcoins

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😱🐋🐋Newly launched Whale wallet focuses on a single Altcoin While cryptocurrency markets are waiting for Ether spot ETFs to open their transactions in the USA, Ether-based LINK has also been the choice of whales, especially in the last week. According to Lookonchain's reporting, 30 million 2.1 million LINK units were purchased in 1 week with 54 budgets that belonged to large institutions or whales and were also renewed. Interest grew with tokenization #Chainlink (#LINK ), which has made a splash with its work in the field of tokenization and expanded its investor base, especially in the last year, rose from 4-5 years old levels in this period last year to 21 years old in March. While many altcoins failed to survive Bitcoin's steep decline, the decentralized "oracle" coin was identified as one of the rare tokens that did so. Thanks to Chainlink's Cross-Chain Interoperability Protocol (CCIP), many important trials and tests, including SWIFT, were completed successfully last year. After these trials, there was a price increase in LINK. CCIP allows value transfer between different blockchains easily and quickly. In this way, it is aimed to spread the tokenized equivalents of real world assets to the digital world and reach large crowds. Whales prefer to buy Chainlink ($LINK ) in the last week. According to the chain, 30 million LINK purchases were made in 1 week from 54 newly opened branches. #altcoins #binance

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