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BITCOIN UPDATE NOW.
Good evening, traders! I trust you've been profitable by staying updated on our analyses. you'll know the market conditions and movements. so don't forget to follow.
As I said last BTC update, "Bitcoin may test the range of 41500 support if BTC breakdown this support next may lead to 41150, A failed hold may lead to 40900. if hold the $41342 support it will pump again to 42500,
43150." BTC correction Test 41346 accurately happened this is what we expected if you look at my last post you will understand how accurate our analysis
As of now the BTC showing a bullish momentum according to 4h chart & 1h chart.
4h Chart
• - Resistance: $38833
- Support: $38300
According to the 1-hourly chart.

Binance Big Dröp Coming'
Binance official X (twitter) account shared a tweet saying:
It's Time to get your Binance Web3 Wallet set up.
They are going to announce a Big Dröp anytime soon.
This is very exciting news, wait for the full details of Drop, keep following and supporting us for such exciting news.
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РЕРЕ +6.67%
BTC +5.72%

Long term #BTC

Investors have paid higher prices over time to buy Bitcoin and the currency is in a rising trend channel in the long term. Rising trends indicate that the currency experiences positive development and that buy interest among investors is increasing. The currency has given a positive signal from the rectangle formation by a break up through the resistance at 32309. Further rise to 40282 or more is signaled. The currency has support at points 31000 and resistance at points 66000. The RSI curve shows a rising trend, which supports the positive trend. The currency is overall assessed as technically positive for the long

term.Recommendation one to six quarters: Positive (Score: 84)

Bitcoin Group Responds to BaFin’s Critique

Germany’s Bitcoin Group is facing increased oversight from the financial regulator BaFin, which has identified significant weaknesses in its subsidiary Futurum Bank’s measures for anti-money laundering and counter-terrorism financing. This action highlights the growing emphasis on regulatory compliance in the cryptocurrency industry, particularly concerning financial crimes.
In response to the regulator’s findings, Bitcoin Group has recognized the importance of these concerns and has committed to resolving them. The company has stated that there are currently no signs of violations in its anti-money laundering or counter-terrorism financing practices. However, this does not completely alleviate the gravity of BaFin’s observations.

BaFin’s criticism focuses on substantial deficiencies in Futurum Bank’s internal controls, including security protocols, due diligence processes, and procedures for reporting suspicious activities. These issues suggest deeper systemic problems in the bank’s capability to detect and prevent financial crimes.
Marco Bodewein, CEO of Bitcoin Group, has taken a proactive stance in addressing these shortcomings, noting that the company’s rapid expansion might have outpaced the development of its internal processes.

#BTC

What happened in Crypto in the last 24H? sos
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• $АТОМ - 5M Unlock
• $AUCTION - "Big Announcement"
• $ALGO - Partnership with India Company
• $DOGE - "Doge-1" Mission Approval
• $HOOK - Hook 2.0
• $SEI - Sei V2
• $IOTA - IOTA + Abu Dhabi + $100M Fund
• $IOTX - Special Something on Today
© This piece of writing isn't sponsored by anyone the names are taken only for information purposes. By Declaring this we aren't responsible for any Loses if you pouring money in this project after reading our article. This article should be treated as a piece of information not a financial Advice.