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The world’s largest crypto exchange Binance’s subsidiary has become the first exchange to receive the Operational Minimum Viable Product license in Dubai, the United Arab Emirates. Users can now access regulated virtual asset services on the exchange, such as fiat on-ramp and off-ramp services under Dubai’s Virtual Assets Regulatory Authority (VARA) investor protection and market assurance standards.
Binance Gets Operational MVP License In Dubai
Dubai’s Virtual Assets Regulatory Authority (VARA) approved Binance with an Operational Minimum Viable Product (MVP) license to operate virtual asset exchange services, according to an announcement on July 31.
Alexander Chehade, Binance Dubai’s General Manager, said:
“The last few years have cemented Dubai as a global virtual asset hub and we are excited to be a witness to that growth as we build on our operations here, with continued commitment to market and investor security.”
Binance’s Dubai subsidiary Binance FZE can now offer services approved by VARA, including virtual asset exchange and broker-dealer services. Initially, the crypto exchange will provide services to institutional and qualified retail investors.
Binance FZE received a provisional MVP license in March 2022 and a preparatory MVP license in September 2022. The approval of the first Operational MVP license shows compliance with local regulators and regulatory framework for Virtual Asset Service Providers (VASPs).
The license will allow Binance users to safely convert virtual assets to fiat under VARA standards in compliance with the Financial Action Task Force (FATF) rules.
Also Read: Curve Finance (CRV) Price Tanks After Major DeFi Exploit
Binance Looks To Dubai As Global Crypto Hub
Binance considers Dubai as the global crypto hub due to crypto-friendly regulations and CEO Changpeng “CZ” Zhao likely living in the city. In fact, the UAE has embraced blockchain technology, Web3, and virtual assets to create a thriving industry.
Amid the regulatory challenges and intense scrutiny in other countries, Binance views the city as its home and scale services for institutions, retail investors, and the global virtual asset community.
[i]from coingape[/i]
Visit leading cryptocurrency exchanges:
#1 [url=https://www.okx.com/join/ETHEREUMPRICE]OKX[/url] – 24h Volume: $ 1 097 255 972.
OKX is an Hong Kong-based company founded in 2017 by Star Xu. Not available to users in the United States.
#2 [url=https://partner.bybit.com/b/buy_and_hold_Bitcoin]ByBit[/url] – 24h Volume: $953 436 658.
It is headquartered in Singapore and has offices in Hong Kong and Taiwan. Bybit works in over 200 countries across the globe with the exception of the US.
#3 [url=https://www.gate.io/signup/BVRBAwhb?ref_type=103]Gate.io[/url] – 24h Volume: $ 643 886 488.
The company was founded in 2013. Headquartered in South Korea. Gate.io is not available in the United States.
#4 [url=https://www.mexc.com/ru-RU/auth/signup?inviteCode=1S6zq]MEXC[/url] – 24h Volume: $ 543 633 048.
MEXC was founded in 2018 and gained popularity in its hometown of Singapore. US residents have access to the MEXC exchange.
#5 [url=https://www.kucoin.com/r/af/QBSY9291]KuCoin[/url] – 24h Volume: $ 513 654 331.
KuCoin operated by the Hong Kong company. Kucoin is not licensed to operate in the US.
#6 [url=https://www.huobi.com/invite/en-us/1f?invite_code=9pp93223]Huobi[/url] – 24h Volume: $ 358 727 945.
Huobi Global was founded in 2013 in Beijing. Headquartered in Singapore. Citizens cannot use Huobi in the US.
#7 [url=https://www.bitfinex.com/sign-up?refcode=69dnLE0LE]Bitfinix[/url] – 24h Volume: $ 77 428 432.
Bitfinex is located in Taipei, T’ai-pei, Taiwan. Bitfinex is not currently available to U.S. citizens or residents.
My crypto-blog: https://sites.google.com/view/my-crypto-jam/
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A trader who nailed the end of Bitcoin’s (BTC) 2021 bull market is outlining when the crypto king could witness a big burst to the upside.
Pseudonymous analyst Pentoshi tells his 699,400 Twitter followers that capital appears to be leaving the crypto markets.
However, the trader says that market conditions will likely change in the coming months just before Bitcoin witnesses its next halving event.
“Every day checking stablecoin (market cap) and total value locked (TVL).
Every day, stablecoin (market cap) goes down, TVL goes down, *MOST* altcoins TREND down.
When new money? SOON! Think by or around Q1 2024 BTC is screaming up…
Hate to think where we’d be if it wasn’t for Saylor, Tether + ETF (exchange-traded fund). Maybe sub $20,000.”
[img]https://cnews24.ru/uploads/ee8/ee888c1eab9510ad6bb23366041ec27657428286.jpg[/img]
[i]Source: Pentoshi/Twitter[/i]
The next Bitcoin halving is slated for April 2024.
In the meantime, the trader holds a bearish outlook on BTC due to two macro headwinds.
Pentoshi says that the recent rally in the oil markets suggests that inflation will once again rear its ugly head. He also expects regulators to hold off on approving a spot-based Bitcoin exchange-traded fund (ETF).
According to Pentoshi, the ensuing correction from these two factors could set up BTC for a huge rally once regulators green light a Bitcoin ETF.
“Maybe after ETF Delay + Hot CPI (consumer price index) print. Fake dump into pump seems likely for later ETF spot approval…
Has nothing to do with hope. Everything to do with paying attention (my job).
Have you looked at energy in the last six weeks? Oil is up 24%, which leads to everything going up. Will either see it this (CPI) print or next. Fed is now showing a hot print as well.”
At time of writing, BTC is worth $29,098.
[i]Source: dailyhodl[/i]
Cryptocurrency exchanges review:
#1 [url=https://www.okx.com/join/ETHEREUMPRICE]OKX[/url] – 24h Volume: $ 1 097 255 972.
OKX is an Hong Kong-based company founded in 2017 by Star Xu. Not available to users in the United States.
#2 [url=https://partner.bybit.com/b/buy_and_hold_Bitcoin]ByBit[/url] – 24h Volume: $953 436 658.
It is headquartered in Singapore and has offices in Hong Kong and Taiwan. Bybit works in over 200 countries across the globe with the exception of the US.
#3 [url=https://www.gate.io/signup/BVRBAwhb?ref_type=103]Gate.io[/url] – 24h Volume: $ 643 886 488.
The company was founded in 2013. Headquartered in South Korea. Gate.io is not available in the United States.
#4 [url=https://www.mexc.com/ru-RU/auth/signup?inviteCode=1S6zq]MEXC[/url] – 24h Volume: $ 543 633 048.
MEXC was founded in 2018 and gained popularity in its hometown of Singapore. US residents have access to the MEXC exchange.
#5 [url=https://www.kucoin.com/r/af/QBSY9291]KuCoin[/url] – 24h Volume: $ 513 654 331.
KuCoin operated by the Hong Kong company. Kucoin is not licensed to operate in the US.
#6 [url=https://www.huobi.com/invite/en-us/1f?invite_code=9pp93223]Huobi[/url] – 24h Volume: $ 358 727 945.
Huobi Global was founded in 2013 in Beijing. Headquartered in Singapore. Citizens cannot use Huobi in the US.
#7 [url=https://www.bitfinex.com/sign-up?refcode=69dnLE0LE]Bitfinix[/url] – 24h Volume: $ 77 428 432.
Bitfinex is located in Taipei, T’ai-pei, Taiwan. Bitfinex is not currently available to U.S. citizens or residents.
My bitcoin-blog: https://sites.google.com/view/my-crypto-jam/ripple
=)
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Crypto news!
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Ripple, the company behind popular cryptocurrency XRP, has been announced as an official partner of a key subgroup under a Bank for International Settlements (BIS) committee. This could be a massive development in the company’s pursuit to create a crypto ecosystem between central banks around the world.
[b]Ripple Named As Key BIS Committee Partner[/b]
This announcement comes at a time when the altcoin is back to being in bullish space thanks to the recently delivered Summary Judgment in the Ripple lawsuit against the U.S. Securities and Exchange Commission (SEC). The judgment effectively said that the token can not be deemed a security if it is sold through an exchange or through programmatic sales for retail buyers, while the previous judgment holds when it comes to institutional sales.
According to the announcement, Ripple is now an official partner of the ‘Cross-border payments interoperability and extension taskforce’. The taskforce is a subgroup within the Bank for International Settlements (BIS) Committee on Payments and Market Infrastructures. The BIS announcement comes just few days after Michael Miebach, chief executive officer at payments company Mastercard, revealed that his company is in collaboration with the likes of Ripple in relation to a new central bank digital currency (CBDC) partner program.
[b]What Next For XRP Price?[/b]
Meanwhile, the XRP price saw significant volatile trend in the last few days, thanks to the recent developments like the SEC’s filing for interlocutory appeal in the lawsuit against Ripple. Earlier, CoinGape reported that traders could be rewarded if they hold on until the token hits a target of $0.62 next. Compared to the beginning of the year 2023, the XRP price jumped by a whopping 54%, compared to the 58% jump in Bitcoin price during the same period.
[img]https://cdn.coingape.com/wp-content/uploads/2023/07/07230935/Ripple-Funds.jpg[/img]
Cryptocurrency exchanges review:
#1 [url=https://www.okx.com/join/ETHEREUMPRICE]OKX[/url] – 24h Volume: $ 1 097 255 972.
OKX is an Hong Kong-based company founded in 2017 by Star Xu. Not available to users in the United States.
#2 [url=https://partner.bybit.com/b/buy_and_hold_Bitcoin]ByBit[/url] – 24h Volume: $953 436 658.
It is headquartered in Singapore and has offices in Hong Kong and Taiwan. Bybit works in over 200 countries across the globe with the exception of the US.
#3 [url=https://www.gate.io/signup/BVRBAwhb?ref_type=103]Gate.io[/url] – 24h Volume: $ 643 886 488.
The company was founded in 2013. Headquartered in South Korea. Gate.io is not available in the United States.
#4 [url=https://www.mexc.com/ru-RU/auth/signup?inviteCode=1S6zq]MEXC[/url] – 24h Volume: $ 543 633 048.
MEXC was founded in 2018 and gained popularity in its hometown of Singapore. US residents have access to the MEXC exchange.
#5 [url=https://www.kucoin.com/r/af/QBSY9291]KuCoin[/url] – 24h Volume: $ 513 654 331.
KuCoin operated by the Hong Kong company. Kucoin is not licensed to operate in the US.
#6 [url=https://www.huobi.com/invite/en-us/1f?invite_code=9pp93223]Huobi[/url] – 24h Volume: $ 358 727 945.
Huobi Global was founded in 2013 in Beijing. Headquartered in Singapore. Citizens cannot use Huobi in the US.
#7 [url=https://www.bitfinex.com/sign-up?refcode=69dnLE0LE]Bitfinix[/url] – 24h Volume: $ 77 428 432.
Bitfinex is located in Taipei, T’ai-pei, Taiwan. Bitfinex is not currently available to U.S. citizens or residents.
My bitcoin-blog: https://sites.google.com/view/my-crypto-jam/bitcoin-1-million
=)
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ANZ, one of Australia’s “Big Four” banks, has completed a transaction with tokenized assets utilizing its A$DC stablecoin and Chainlink’s Cross-Chain Interoperability Protocol, or CCIP.
The development showcased the bank’s capability to transfer funds across both open and private blockchain networks, furthering experiments being conducted to test the efficiency and security of deploying real-world assets on-chain.
According to a statement by Chainlink on social platform X, formerly known as Twitter, the move Wednesday “builds on the lessons learned” from the Swift blockchain interoperability initiative, originally conducted in June.
The effort, a joint venture between leading global banks and The Society for Worldwide Interbank Financial Telecommunication, seeks to test the limits of blockchain interoperability.
Its objective: Offering major financial institutions a centralized gateway to various networks, in a bid to reduce the operational hurdles and investment required to link the global financial system.
Banks involved included BNP Paribas, BNY Mellon, Citi, Clearstream, Euroclear, Lloyds Banking Group, SIX Digital Exchange (SDX), and The Depository Trust and Clearing Corporation (DTCC), in addition to ANZ or the Australia and New Zealand Banking Group.
Chainlink has played a central role in understanding whether banks and the crypto sector can coexist in harmony, challenging commonly held concerns associated with retail CBDCs.
Chainlink’s product, which has so far been well received, serves as a “universal messaging interface” for communication between various chains by utilizing its Oracle network.
CCIP works with two separate Oracle networks. One network handles sending messages and transferring value, while the other watches over to make sure those transactions aren’t risky, Blockworks was previously told.
“The bank’s work with its A$DC stablecoin and the tokenization of real-world assets has already provided us with valuable lessons as we continue to investigate enterprise-grade use cases,” Nigel Dobson, ANZ’s banking services portfolio lead said in a statement on Wednesday.
“Based on market activity, we expect the continued adoption of digital assets will result in the proliferation of multiple assets across many blockchain networks.”
[img]https://blockworks.co/_next/image?url=https%3A%2F%2Fblockworks-co.imgix.net%2Fwp-content%2Fuploads%2F2023%2F09%2Fchainlink-anz.jpg&w=1280&q=75[/img]
Cryptocurrency exchanges review:
#1 [url=https://www.okx.com/join/ETHEREUMPRICE]OKX[/url] – 24h Volume: $ 1 097 255 972.
OKX is an Hong Kong-based company founded in 2017 by Star Xu. Not available to users in the United States.
#2 [url=https://partner.bybit.com/b/buy_and_hold_Bitcoin]ByBit[/url] – 24h Volume: $953 436 658.
It is headquartered in Singapore and has offices in Hong Kong and Taiwan. Bybit works in over 200 countries across the globe with the exception of the US.
#3 [url=https://www.gate.io/signup/BVRBAwhb?ref_type=103]Gate.io[/url] – 24h Volume: $ 643 886 488.
The company was founded in 2013. Headquartered in South Korea. Gate.io is not available in the United States.
#4 [url=https://www.mexc.com/ru-RU/auth/signup?inviteCode=1S6zq]MEXC[/url] – 24h Volume: $ 543 633 048.
MEXC was founded in 2018 and gained popularity in its hometown of Singapore. US residents have access to the MEXC exchange.
#5 [url=https://www.kucoin.com/r/af/QBSY9291]KuCoin[/url] – 24h Volume: $ 513 654 331.
KuCoin operated by the Hong Kong company. Kucoin is not licensed to operate in the US.
#6 [url=https://www.huobi.com/invite/en-us/1f?invite_code=9pp93223]Huobi[/url] – 24h Volume: $ 358 727 945.
Huobi Global was founded in 2013 in Beijing. Headquartered in Singapore. Citizens cannot use Huobi in the US.
#7 [url=https://www.bitfinex.com/sign-up?refcode=69dnLE0LE]Bitfinix[/url] – 24h Volume: $ 77 428 432.
Bitfinex is located in Taipei, T’ai-pei, Taiwan. Bitfinex is not currently available to U.S. citizens or residents.
My bitcoin-blog: https://sites.google.com/view/ethereum-potential-growth/
=)
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According to Wu Blockchain reports, this breach has led to the leakage of some user mnemonics and private keys. Law enforcement authorities have initiated an investigation into the former employee’s involvement.
The iToken system prompts the user that some wallet addresses have security risks. The security agency submitted the asset protection to Refundyourcoins and transferred the funds in the address to a safe address. refundyourcoins will launch a retrieval function to facilitate the…
— Wu Blockchain (@WuBlockchain) September 16, 2023
The fallout from this breach became evident when a hacker address linked to a compromised user account showed a significant loss of $1.39 million on September 2. Subsequently, the iToken system issued warnings to users about potential security risks associated with certain wallet addresses.
To safeguard user assets, a security agency collaborated with Refundyourcoins, successfully transferring the compromised funds to a secure address. Refundyourcoins is now set to launch a retrieval function to assist affected users in recovering their assets, covering four major blockchain networks: BTC, ETH, TRX, and XRP.
This incident echoes a previous data breach that struck the crypto exchange in June 2021, exposing user assets and critical technical information. In a recent development, Huobi has rebranded itself as HTX, while its official website will retain the Huobi name. This rebranding aims to refresh the exchange’s identity while preserving familiarity for its user base.
The emergence of Trojan viruses, disguised as legitimate software, continues to pose a serious threat to cybersecurity. These malware variants aim to gain unauthorized access to users’ systems through social engineering tactics, emphasizing the importance of robust security measures in the cryptocurrency space.
[img]https://coincu.com/wp-content/uploads/2023/09/image-534-1024×512.png[/img]
Cryptocurrency exchanges review:
#1 [url=https://www.okx.com/join/ETHEREUMPRICE]OKX[/url] – 24h Volume: $ 1 097 255 972.
OKX is an Hong Kong-based company founded in 2017 by Star Xu. Not available to users in the United States.
#2 [url=https://partner.bybit.com/b/buy_and_hold_Bitcoin]ByBit[/url] – 24h Volume: $953 436 658.
It is headquartered in Singapore and has offices in Hong Kong and Taiwan. Bybit works in over 200 countries across the globe with the exception of the US.
#3 [url=https://www.gate.io/signup/BVRBAwhb?ref_type=103]Gate.io[/url] – 24h Volume: $ 643 886 488.
The company was founded in 2013. Headquartered in South Korea. Gate.io is not available in the United States.
#4 [url=https://www.mexc.com/ru-RU/auth/signup?inviteCode=1S6zq]MEXC[/url] – 24h Volume: $ 543 633 048.
MEXC was founded in 2018 and gained popularity in its hometown of Singapore. US residents have access to the MEXC exchange.
#5 [url=https://www.kucoin.com/r/af/QBSY9291]KuCoin[/url] – 24h Volume: $ 513 654 331.
KuCoin operated by the Hong Kong company. Kucoin is not licensed to operate in the US.
#6 [url=https://www.huobi.com/invite/en-us/1f?invite_code=9pp93223]Huobi[/url] – 24h Volume: $ 358 727 945.
Huobi Global was founded in 2013 in Beijing. Headquartered in Singapore. Citizens cannot use Huobi in the US.
#7 [url=https://www.bitfinex.com/sign-up?refcode=69dnLE0LE]Bitfinix[/url] – 24h Volume: $ 77 428 432.
Bitfinex is located in Taipei, T’ai-pei, Taiwan. Bitfinex is not currently available to U.S. citizens or residents.
My bitcoin-blog: https://sites.google.com/view/ethereum-potential-growth/
=)
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A layer-1 altcoin is outperforming the broader crypto markets after putting up a nearly 30% rally in the last week.
Proof-of-work blockchain Kaspa (KAS) is trading for $0.0496 at time of writing, up from a low of about $0.0383 one week ago.
The 44th-ranked crypto asset by market cap is up more than 3.6% in the past 24 hours.
Kaspa’s price surge materialized amid multiple new integrations this week.
On Wednesday, the crypto lender CoinRabbit made the project available on its platform for KAS-backed loans. Later that day, the crypto payment gateway NOWPayments integrated Kaspa onto its platform.
Additionally, the cryptocurrency mining platform Antpool introduced a dedicated Kaspa mining pool last week.
Kasps aims to deliver high block creation and transaction speed without the loss of security and decentralization that many higher-speed chains suffer from by using BlockDAG. The technology allows Kaspa to generate multiple blocks per second, giving the network the ability to process transactions instantly.
The proof-of-work project also says it’s designed so that solo miners, or miners who choose to work by themselves instead of relying on mining pools, can thrive as well.
“Kaspa is currently the fastest proof-of-work, mineable coin while remaining decentralized. The blockDAG architecture with rapid block rates allows more mining decentralization and enables effective solo mining at lower hashrates…
In solo mining, individual miners compete with each other to solve the puzzle and earn the reward. However, the odds of successfully solving the puzzle are low, especially with the increasing difficulty of the network.”
[img]https://dailyhodl.com/wp-content/uploads/2023/09/proof-of-work-layer.jpg?resize=750,375[/img]
Cryptocurrency exchanges review:
#1 [url=https://www.okx.com/join/ETHEREUMPRICE]OKX[/url] – 24h Volume: $ 1 097 255 972.
OKX is an Hong Kong-based company founded in 2017 by Star Xu. Not available to users in the United States.
#2 [url=https://partner.bybit.com/b/buy_and_hold_Bitcoin]ByBit[/url] – 24h Volume: $953 436 658.
It is headquartered in Singapore and has offices in Hong Kong and Taiwan. Bybit works in over 200 countries across the globe with the exception of the US.
#3 [url=https://www.gate.io/signup/BVRBAwhb?ref_type=103]Gate.io[/url] – 24h Volume: $ 643 886 488.
The company was founded in 2013. Headquartered in South Korea. Gate.io is not available in the United States.
#4 [url=https://www.mexc.com/ru-RU/auth/signup?inviteCode=1S6zq]MEXC[/url] – 24h Volume: $ 543 633 048.
MEXC was founded in 2018 and gained popularity in its hometown of Singapore. US residents have access to the MEXC exchange.
#5 [url=https://www.kucoin.com/r/af/QBSY9291]KuCoin[/url] – 24h Volume: $ 513 654 331.
KuCoin operated by the Hong Kong company. Kucoin is not licensed to operate in the US.
#6 [url=https://www.huobi.com/invite/en-us/1f?invite_code=9pp93223]Huobi[/url] – 24h Volume: $ 358 727 945.
Huobi Global was founded in 2013 in Beijing. Headquartered in Singapore. Citizens cannot use Huobi in the US.
#7 [url=https://www.bitfinex.com/sign-up?refcode=69dnLE0LE]Bitfinix[/url] – 24h Volume: $ 77 428 432.
Bitfinex is located in Taipei, T’ai-pei, Taiwan. Bitfinex is not currently available to U.S. citizens or residents.
My bitcoin-blog: https://sites.google.com/view/cardano-potential-growth/
=)
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Blockchain analytics platform Santiment says that the odds are Bitcoin (BTC) will soon move to the upside due to one factor.
The analytics platform says that Bitcoin is seeing a lot of short interest on two major crypto exchanges, which could set the stage for a short squeeze and send BTC beyond $30,000.
“Bitcoin traders are aggressively shorting on both Deribit and Binance, making potential liquidations more likely to boost prices. BTC’s price is +4% since the increase in shorting began to appear last week. This has a good probability of continuing.”
[img]https://cnews24.ru/uploads/17b/17bfce92a505ffcafb4a2333f581b1b4b936cb2c.jpg[/img]
Source: Santiment/X
A short squeeze happens when traders who borrow an asset at a certain price in hopes of selling it for lower to pocket the difference are forced to buy back the assets they borrowed as momentum moves against them, triggering further rallies.
Santiment also says that Bitcoin’s network activity shot up this month as BTC crossed the $27,000 level.
“Bitcoin’s on-chain activity continues to be significantly higher than it has been since April. Utility is notably higher, and the third largest day [of activity] in dormant BTC in three months also occurred yesterday. The low $27,000 level is proving to be polarizing.”
[img]https://cnews24.ru/uploads/e82/e82151ddec8f3c15fecd7dea69638d24eef3da7c.jpg[/img]
Source: Santiment/X
The analytics firm is keeping a close eye on how many stablecoins deep-pocketed crypto investors are holding. An increase after a period of decline could indicate Bitcoin will move to the upside, according to Santiment.
“Whales have been dropping stablecoins, indicating that their buying power isn’t quite as strong as when Bitcoin was above $30,000 back in June. [Holdings are] now at the lowest level in six months. Look for $5 million+ whale wallets to increase again to signal a turnaround.”
[img]https://cnews24.ru/uploads/16e/16eb846601835d1b2beeb360fb3a11d43ebd8a6e.jpg[/img]
Source: Santiment/X
Bitcoin is trading for $26,588 at time of writing, down 2.2% in the last 24 hours.
Cryptocurrency exchanges review:
#1 [url=https://www.okx.com/join/ETHEREUMPRICE]OKX[/url] – 24h Volume: $ 1 097 255 972.
OKX is an Hong Kong-based company founded in 2017 by Star Xu. Not available to users in the United States.
#2 [url=https://partner.bybit.com/b/buy_and_hold_Bitcoin]ByBit[/url] – 24h Volume: $953 436 658.
It is headquartered in Singapore and has offices in Hong Kong and Taiwan. Bybit works in over 200 countries across the globe with the exception of the US.
#3 [url=https://www.gate.io/signup/BVRBAwhb?ref_type=103]Gate.io[/url] – 24h Volume: $ 643 886 488.
The company was founded in 2013. Headquartered in South Korea. Gate.io is not available in the United States.
#4 [url=https://www.mexc.com/ru-RU/auth/signup?inviteCode=1S6zq]MEXC[/url] – 24h Volume: $ 543 633 048.
MEXC was founded in 2018 and gained popularity in its hometown of Singapore. US residents have access to the MEXC exchange.
#5 [url=https://www.kucoin.com/r/af/QBSY9291]KuCoin[/url] – 24h Volume: $ 513 654 331.
KuCoin operated by the Hong Kong company. Kucoin is not licensed to operate in the US.
#6 [url=https://www.huobi.com/invite/en-us/1f?invite_code=9pp93223]Huobi[/url] – 24h Volume: $ 358 727 945.
Huobi Global was founded in 2013 in Beijing. Headquartered in Singapore. Citizens cannot use Huobi in the US.
#7 [url=https://www.bitfinex.com/sign-up?refcode=69dnLE0LE]Bitfinix[/url] – 24h Volume: $ 77 428 432.
Bitfinex is located in Taipei, T’ai-pei, Taiwan. Bitfinex is not currently available to U.S. citizens or residents.
My bitcoin-blog: https://sites.google.com/view/ripple-xrp-potential-growth/
=)
[url=https://bs3.direct/bacd5e64f]
[img]https://s3.eu-central-1.amazonaws.com/affilka-b-public/b/mediumcontent/169/attachment/ae255467f4d675f896655fe6216ae33f.jpg[/img]
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Blockchain analytics platform Santiment says that the odds are Bitcoin (BTC) will soon move to the upside due to one factor.
The analytics platform says that Bitcoin is seeing a lot of short interest on two major crypto exchanges, which could set the stage for a short squeeze and send BTC beyond $30,000.
“Bitcoin traders are aggressively shorting on both Deribit and Binance, making potential liquidations more likely to boost prices. BTC’s price is +4% since the increase in shorting began to appear last week. This has a good probability of continuing.”
[img]https://cnews24.ru/uploads/17b/17bfce92a505ffcafb4a2333f581b1b4b936cb2c.jpg[/img]
Source: Santiment/X
A short squeeze happens when traders who borrow an asset at a certain price in hopes of selling it for lower to pocket the difference are forced to buy back the assets they borrowed as momentum moves against them, triggering further rallies.
Santiment also says that Bitcoin’s network activity shot up this month as BTC crossed the $27,000 level.
“Bitcoin’s on-chain activity continues to be significantly higher than it has been since April. Utility is notably higher, and the third largest day [of activity] in dormant BTC in three months also occurred yesterday. The low $27,000 level is proving to be polarizing.”
[img]https://cnews24.ru/uploads/e82/e82151ddec8f3c15fecd7dea69638d24eef3da7c.jpg[/img]
Source: Santiment/X
The analytics firm is keeping a close eye on how many stablecoins deep-pocketed crypto investors are holding. An increase after a period of decline could indicate Bitcoin will move to the upside, according to Santiment.
“Whales have been dropping stablecoins, indicating that their buying power isn’t quite as strong as when Bitcoin was above $30,000 back in June. [Holdings are] now at the lowest level in six months. Look for $5 million+ whale wallets to increase again to signal a turnaround.”
[img]https://cnews24.ru/uploads/16e/16eb846601835d1b2beeb360fb3a11d43ebd8a6e.jpg[/img]
Source: Santiment/X
Bitcoin is trading for $26,588 at time of writing, down 2.2% in the last 24 hours.
Cryptocurrency exchanges review:
#1 [url=https://www.okx.com/join/ETHEREUMPRICE]OKX[/url] – 24h Volume: $ 1 097 255 972.
OKX is an Hong Kong-based company founded in 2017 by Star Xu. Not available to users in the United States.
#2 [url=https://partner.bybit.com/b/buy_and_hold_Bitcoin]ByBit[/url] – 24h Volume: $953 436 658.
It is headquartered in Singapore and has offices in Hong Kong and Taiwan. Bybit works in over 200 countries across the globe with the exception of the US.
#3 [url=https://www.gate.io/signup/BVRBAwhb?ref_type=103]Gate.io[/url] – 24h Volume: $ 643 886 488.
The company was founded in 2013. Headquartered in South Korea. Gate.io is not available in the United States.
#4 [url=https://www.mexc.com/ru-RU/auth/signup?inviteCode=1S6zq]MEXC[/url] – 24h Volume: $ 543 633 048.
MEXC was founded in 2018 and gained popularity in its hometown of Singapore. US residents have access to the MEXC exchange.
#5 [url=https://www.kucoin.com/r/af/QBSY9291]KuCoin[/url] – 24h Volume: $ 513 654 331.
KuCoin operated by the Hong Kong company. Kucoin is not licensed to operate in the US.
#6 [url=https://www.huobi.com/invite/en-us/1f?invite_code=9pp93223]Huobi[/url] – 24h Volume: $ 358 727 945.
Huobi Global was founded in 2013 in Beijing. Headquartered in Singapore. Citizens cannot use Huobi in the US.
#7 [url=https://www.bitfinex.com/sign-up?refcode=69dnLE0LE]Bitfinix[/url] – 24h Volume: $ 77 428 432.
Bitfinex is located in Taipei, T’ai-pei, Taiwan. Bitfinex is not currently available to U.S. citizens or residents.
My bitcoin-blog: https://sites.google.com/view/shiba-inu-potential-growth/
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