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▪️About blockchain, cryptocurrency and crypto technologies. ▪️Actual entry and exit points in the cryptocurrency market 🔹Channel: @finsignal 🔹Buy ads: https://telega.io/c/finsignal
🍾 Texas: Cryptocurrency Freedom!
Texas makes Cryptocurrencies even more accessible! According to the new bill, its residents will be able to freely use digital currencies. The law recognizes the rights of citizens to own and use a "mutually agreed medium of exchange", including cryptocurrencies. This is a kind of insurance for Texans from the instability of the dollar.
But there is also a downside to the coin - the state is tightening control over the crypto sector, demanding greater transparency from companies and banning the activities of some enterprises.
The European Union plans to force crypto companies to provide tax authorities with information about their clients' assets
The laws, which are due to be agreed next week, will require cryptocurrency companies to register with tax authorities, even if they are based outside the block or offer non-interchangeable tokens.
🚀 The #Neutron blockchain has been launched on the Cosmos $ATOM network
This is the first blockchain using replicated security
Replicated security is a feature that allows blockchains in the #Cosmos ecosystem to share verification resources to enhance security.
BTC/USDT 1D ✅
Good evening, everyone! 👋
Fundamentally, everything revolves around the impending recession, which is being talked about more and more often. The issue of the US government debt ceiling remains unresolved, and at this rate, a default may be declared on June 1. However, I do not think that the government will allow such a scenario, so we will soon see the denouement 💭
But regarding the cue ball, well, the bearish scenario is in force, we have gone below 50MA and are trying to gain a foothold below the neck line of the "head and shoulders" pattern. The goal of working out lies in the region of $ 24,000, friends, which corresponds to the level of 0.618 by Fibonacci. I would open the shorts when breaking through the 0.382 Fibo level for a safer entry. So, attention is now mainly on short positions, the market is finally moving towards the long-awaited correction!
⚡️ Ethereum becomes decentralized
More and more Ethereum validators using NEW bots to verify transactions prefer to strengthen decentralization and preserve user privacy.
This is evidenced by a decrease from 72% to 27% of the share of nodes that comply with the requirements of the Office of Foreign Assets Control of the US Treasury
🔥 #Binance will list a large number of tokens in the Innovation Zone today — $AMB, $ARK, $BTS, $DREP, $FTT, $GFT, $JASMY, $LOOM, $MLN, $OAX, $OMG, $PERL, $PNT, $SNM, $SRM, $VGX, $WRX and $YFII
I especially liked the innovative $FTT coin — be sure to pay attention to it
💵 One of the largest bitcoin addresses, the #Binance cold wallet, was extremely active yesterday. As a result of 4 transactions, this wallet withdrew $2.26 billion worth of #BTC from its possession. The supply of bitcoins on exchanges fell from 6.78% to 5.84%
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⚡a page of the future Meta mask token has appeared on CoinMarketCap
The die states that the potential launch was confirmed by Consensus CEO Joe Lubin and one of MetaMask's official advisors
There is no more detailed information at the moment. Beware of fake Meta Mask phishing sites and check the official Meta Mask resources for further updates
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💲 4 addresses (most likely the same user) have been holding RERE tokens since the very start date of the project and have not sold anything yet
These addresses were bought by 8.77 trillion PEPE ($22.15 million at the current exchange rate), paying 0.08 ETH ($166) for them, and making 133 095 x on PEPE!
❌🇦🇷 The Central Bank of Argentina prohibits payment companies from using cryptocurrency
The central bank of the country declares the need to reduce the impact of crypto assets on the country's payment system.
In Argentina, more than 30% of citizens use stablecoins due to high inflation.
🇬🇧🔸 The UK Supreme Court has decided to lift a temporary injunction against #Binance
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🇺🇸 722 US banks reported unrealized losses exceeding 50% of capital
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Smart words 🥳🥳🥳
❗️Binance: "$PEPE is a memcoin based on the cartoon character "Pepe the Frog". Please note that the token has no utility and was created by an anonymous team. $PEPE has neither the utility of a token nor a cost support mechanism. In addition, there are indications that certain insiders or team members were able to buy 7% of the total volume of tokens a few minutes after TGE."
🇨🇦 Binance is leaving Canada
Binance, the largest cryptocurrency exchange, has decided to close in Canada. Due to restrictions from the authorities, the working conditions have become unbearable. However, they do not give up the opportunity to return if regulators change their position.
"There are no real ways to protect our Canadian users today," the report says. So far, the doors of Binance in Canada are closed, but maybe it's not forever.
#BTC/USDT 4H ✅
Greetings! 👋
Everything is going according to plan, friends. After the retest, we went lower and broke through the important support of $26,600- $27,200. Now the road to the next support at the level of $ 24,400 - $ 25,300 is open, the bears have taken the initiative 📉
🚀 ##OCX and #UniSat announce the joint creation of the industry standard BRC-20
#Huobi joins them
The US Chamber of Commerce sued the #SEC because of the "lawlessness" in crypto regulation - officially, they supported #Coinbase
The US Chamber of Commerce #USC represents the interests of more than 3 million businesses and organizations across the country, from small businesses to global corporations ‼️
Due to the strong growth of commissions and the workload of the blockchain, #Bitcoin Core developers tend to block transactions with BRC-20 tokens
Something really needs to be done about it, but once you start banning it, you can't stop there.. instead, it would be possible to put into the signature algorithm a strong dependence of the transaction price on the volume, i.e. if we put a picture, then we pay an order of magnitude more for it - so the desire can immediately disappear, at least in a mass character 🧐
The number of transactions on the #Litecoin blockchain - on May 9 exceeded 576,000, which is a record
The number of active $LTC addresses and newly created addresses also reached a historical maximum on this day
This should be due to the fact that the Litecoin community has proposed the creation of the LTC-20 standard, emulating BRC-20 🚀
🇩🇪 The German fintech company Unstoppable Finance is launching Europe's first "DeFi-based Bank" (DeFi—Native Bank) - it also issues its own EURO-linked stablecoin.
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👀In Bitcoin block 788695, the transaction fee exceeded the block reward FOR THE FIRST TIME IN HISTORY
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⚡️ #Binance experienced the largest withdrawal volume in its history after resuming withdrawal of #BTC
160,000+ $BTC left the exchange worth more than $4.5 billion 🧐
🍀The "head and shoulders" pattern is visible on the #BTC and #ETH chart.
In the medium term, I am set for growth, but in the short term we are waiting for a correction, which I have repeatedly talked about 💭
Confirmation will be the breakdown of the "neck" line 💡
🪙 XRP: Mom, I'm in Dubai! 😎
A major player in the field of cryptocurrencies Ripple has announced its expansion into the Dubai market. CEO Brad Garlinghouse announced this at the Dubai Fintech Summit.
Garlinghouse noted that the decision is due to the large number of consumers in the Middle East and the development of regulation. He said that "Dubai is becoming an important financial hub for the development of crypto innovation." Ripple is involved in a two-year lawsuit with the U.S. Securities and Exchange Commission (SEC), which concerns the definition of digital assets.
Nevertheless, the company continues to develop and is now preparing for expansion to Dubai. Garlinghouse noted that regulatory clarity and a growing user base in the country have become decisive factors. Ripple has already spent more than $200 million on litigation with the SEC, which confirms the importance of regulation in this industry.
🗣 Buffett heats the crypt
People may lose faith in the dollar, but this does not mean that bitcoin can become the world's reserve currency. "Forget about all the toys — it's a joke, thinking about some tokens is crazy," Buffett stressed. "But it's also crazy to just keep printing dollars."
Together with Manager, he remains a consistent critic of the cryptocurrency. 2 years ago, at the annual meeting of Berkshire shareholders, Munger said that bitcoin is a currency for kidnappers and extortionists, and that "this whole damn development is disgusting and contrary to the interests of civilization."
🚨 Ethereum Foundation sent 15,000$TN to the #Kraken exchange
Past large sales by #EthereumFoundation and Vitalik Buterin marked the local top of the market:
November 11, 2021 — 20,000 $ETN - $4722
May 17, 2021 — 35053 $ETN - $3280
#IMX/USDT 4H ✅
Greetings! 👋
I saw an interesting situation on the IMX coin and I hasten to share with you 👇
A descending wedge has formed on the chart – a bullish pattern, we are waiting for an upward exit. At the moment, the asset is in an interesting zone for purchases of 0.860$ – 0.900 $, it is also a support and there is also a level of 0.618 Fibonacci, where the price has adjusted 💡
From a technical point of view, it looks logical and not bad, even though the setup is local.
All the best 🍀
🔥 Exactly 6 years ago, $ETH reached the $100 mark for the first time.
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