Day: September 6, 2024

BTC Price Could Crack $50,000 If This Important Level Does Not Hold

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Este artículo también está disponible en español. Bitcoin (BTC) has been on a severe downward trend for the past few months, experiencing multiple price fluctuations amidst broader market volatility. A crypto analyst has predicted that Bitcoin could witness an even steeper drop to $50,000 if its price does not hold this key support level.  Bitcoin Risks $50,000 Drop If Support Fails Elja Boom, a crypto analyst took to X (formerly Twitter) on September 5 to discuss the current price trends and market movements of Bitcoin. Boom shared a price chart…

India’s FIU Considers Approving More Offshore Crypto Exchanges

India’s Financial Intelligence Unit is reportedly reviewing four offshore cryptocurrency exchanges for potential approval to resume operations following the lifting of bans on Binance and Kucoin. The focus is on ensuring compliance with anti-money laundering regulations, including transaction transparency and reporting of suspicious activity. FIU-India May Permit More Offshore Crypto Exchanges Next Year India’s Financial […] Source BitcoincryptoexchangeExchanges CryptoX Portal

$233 Target In Sight As Breakpoint Approaches

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Este artículo también está disponible en español. Solana (SOL), one of the leading cryptocurrencies by market cap, has recently shown signs of a potential price recovery after a bearish performance in August. The asset, which experienced nearly a 10% decline in the past week, has started to regain momentum as it entered September. Solana has risen from a recent low of $124 to above $134 in early trading hours today, showing a 2.7% increase in the last 24 hours, now trading at $132. Amid this recovery, renowned crypto analyst Javon…

Financial Action Task Force of Latin America States Bitcoin Has Not Reached a ‘Significant Impact’ in El Salvador

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The Financial Task Force of Latin America (GAFILAT) released an evaluation of the state of El Salvador regarding compliance with international anti-money laundering requirements. The institution found that, while El Salvador included bitcoin as legal tender in 2021, the crypto asset has not reached a ‘significant impact’ or elevated transactional volumes. Financial Task Force of […] Original

KAMA Memecoin Soars 10% Following Putin’s Endorsement

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Este artículo también está disponible en español. A Kamala Harris-inspired memecoin recently jumped over 10% after the US Vice President received public endorsement from Vladimir Putin. The Russian president expressed his support for the Democratic candidate on Thursday, fueling a surge in the PolitiFi token’s activity. Related Reading Putin Endorses Kamala Harris’ Campaign As the US elections get closer, the presidential candidates continue to receive support from various industry figures, politicians, and world leaders. Republican candidate Donald Trump has been endorsed by many figures in the sector and pro-crypto former…