Tag: Support

Brazil’s President Lula Voices Support for BRICS Currency – Economics Bitcoin News

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Brazil’s president, Luiz Inacio Lula da Silva, has expressed support for the creation of a BRICS currency. His statement of support comes as the BRICS bloc is gaining global influence, with 19 countries seeking to join the group. Brazilian President Lula Supports BRICS Currency Creation Brazilian President Luiz Inacio Lula da Silva reiterated Wednesday that he supported creating a currency for trading between BRICS countries, Reuters reported. The BRICS nations comprise Brazil, Russia, India, China, and South Africa. In a speech during a trip to Spain, he said without providing…

Bitget Becomes The First To Support Liquid Staking Derivatives As Collateral For Futures – Press release Bitcoin News

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press release PRESS RELEASE. Victoria, Seychelles, April 26th, 2023 — Bitget, top crypto derivatives and copy trading platform, has announced the addition of Liquid Staking Derivatives (LSDs) as a margin option for Bitget Coin-margined Futures, making it the first centralized exchange to provide such products on the market. This new feature will allow traders to continue earning staking rewards while also utilizing their staked assets for trading purposes. Bitget Coin-margined Futures is a unique product designed for crypto-enthusiasts, supporting multiple currencies as a margin for various futures trading pairs. With…

Ether price struggles to maintain support as regulatory challenges and network issues weigh

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The Ether (ETH) price has struggled to sustain the $1,850 support since April 21, the same level it held before the rally toward $2,100 initiated on April 13. Investors have reason to question whether there are buyers, considering the 13.5% price correction in six days and the $548 million in leveraged futures longs liquidated between April 19 and April 21. Firstly, the regulatory environment seems to have gotten stricter for centralized exchanges. Dubai-based Bybit, for instance, announced that all users must complete Know Your Customer (KYC) identity verification for order execution…

FIX Protocol Adds Support for Digital Token Identifier (DTI) ISO Standard

“Adding the DTI standard to the FIX Protocol was an easy decision as the DTI extends the existing functionality to the world of digital assets, which helps the market evolve to work with this asset class,” Jim Kaye, executive director at FIX, said in the press release. “We can see many benefits of adding the DTI, including making it easier for the industry to audit their transactions and increase transparency, thereby bringing more efficiencies to the market.” Source

Wallet Bot on Telegram Adds Bitcoin Support to Web Interface Following Tether Integration  – Bitcoin News

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Telegram users can now buy, sell, and send bitcoin, as the leading cryptocurrency has been integrated into the Wallet bot on the popular messaging application. The bitcoin support follows the wallet’s recent tether integration, which enables users to transact with the stablecoin as well. Over a Billion Telegram Users Can Now Transfer Bitcoin in Chats On Friday, April 21, the @wallet bot on Telegram announced the addition of bitcoin (BTC) support to its web interface. The development team explained that previously, the leading cryptocurrency by market capitalization was only accessible…

Dogecoin price limps below a key support after Dogeday turns into a sell-the-news event

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Dogecoin suffered a big blow on April 20, popularly known as “Dogeday” thanks to the failed test launch of SpaceX’s Starship rocket and downturn in the broader crypto market.  The SpaceX rocket, which featured the Dogecoin mascot on its side, disintegrated four minutes after its launch. Still, the company’s employees including Elon Musk cheered the failure as they expressed optimism for another test in coming months. The move comes within a fortnight of Musk’s recent stunt when he momentarily changed Twitter’s logo to the Dogecoin mascot. The launch had built…

Bitcoin ignores US jobs data as BTC price dip puts $28K support at risk

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Bitcoin (BTC) recovered from new 10-day lows at the April 20 Wall Street open as the United States jobs data boosted investor confidence. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price: “Lights out” at $28,000? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing upward after hitting $28,360 on Bitstamp. Amid an ongoing correction, the pair nonetheless failed to reclaim even $29,000 as support as U.S. unemployment data hinted that tighter financial conditions were working to cool inflation. Spot gold became the main risk asset beneficiary, climbing back…

CoinEx Charity’s Effort to Support Education Is Appreciated by Kacuv – Press release Bitcoin News

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press release PRESS RELEASE. Recently, CoinEx Charity has kicked off its second educational welfare program in Türkiye. In the first program, all the students receiving donations have continued their studies in the new semester. Since last year, CoinEx Charity has participated in the Umudum Scholarship Program initiated by the local charity organization Kacuv in Türkiye, offering support in tuition to 50 local impoverished students. The Umudum Scholarship Program provides scholarships for students in preschools, primary schools, secondary schools, and universities in Türkiye who need financial support to continue their studies.…

Bitcoin, Ether See Bull Breather as Higher Bond Yields Support Dollar

In traditional markets, the dollar index, which gauges the greenback’s exchange rate against majors, rose to 101.80, extending Friday’s 0.5% jump from 101.00. The yield on the two-year note gained nearly five basis points to 4.16%, extending the past week’s 15 basis points rise. The yield on the 10-year note rose to its highest level in a month at 3.54%. Bond yields began rising on Friday after Fed Governor Christopher Waller said the central bank hasn’t made much progress in bringing inflation down to its target of 2% and needs…