Coin circle news focus:
The Israeli-Palestinian conflict escalates! Bitcoin price stays above $27,000
As the war continues, Israel’s cryptocurrency agency seeks ways to support the country
UK regulator says it’s not possible to approve Binance partner’s crypto ads yet
The currency circle boss said this:
AlΞx Wacy: “A project where you can invest $1,000 and forget about it!”
Critical hit chance this week:
🚀《Investing in Blockchain from Scratch》|〈Binance〉x〈Chain Apprentice〉Collaboration Lecture
Prices of Bitcoin and other cryptocurrencies | CoinGecko Top 100 Cryptocurrencies (2023.10.10 AM 08:00 ~ 2023.10.11 AM 08:00
Coin News Focus
The Israeli-Palestinian conflict escalates! Bitcoin price stays above $27,000
Bitcoin (BTC) remains above $27,000 at the close of the U.S. stock market as the Hamas conflict between Israel and Palestine continues. In the U.S. stock market, the S&P 500 and Nasdaq indexes continued to maintain slight gains, ignoring potential negative impacts from the Israel-Kazakhstan conflict for two consecutive days.
At the same time, Bitcoin’s market capitalization share (Dominance) in the overall cryptocurrency market continues to increase. Currently, according to data from TradingView, Bitcoin’s market capitalization share exceeds 51%, the highest level since July last year. A market research report by investment institution K33 pointed out that despite recent global turmoil, Bitcoin has still shown excellent price trends, and attributed this to Bitcoin’s potential to become digital gold, which has great potential for investors who need to hedge against inflation risks. It is attractive and has more advantages than investments in DeFi, NFT, and Ethereum in turbulent situations.
Bitcoin was trading at $27,440 at press time, down 0.5% in the past 24 hours and up 0.5% in the past seven days.
Bitcoin price trend over the past 7 days
.
As the war continues, Israel’s cryptocurrency agency seeks ways to support the country
The recent war between Israel and Hamas has had a profound impact on the lives of people across the country. Many Israeli cryptocurrency institutions have been implicated in this crisis, with most companies trying to maintain daily operations and trying to support employees and citizens affected by the war.
Israel’s main aid program right now is Crypto Aid Israel, a campaign that accepts cryptocurrency donations to help citizens affected by war or displaced. Asaf Nadler, co-founder of the current Web3 marketing agency Addressable, said half of his company's employees are involved in volunteering activities.
.
UK regulator says it’s not possible to approve Binance partner’s crypto ads yet
With the recent introduction of new cryptocurrency regulations by the British Financial Supervisory Authority (FCA), Rebuildingsociety.com, a partner of Binance, the world's largest cryptocurrency exchange, has been restricted by the authorities from advertising and warned to withdraw cryptocurrency-related responses before this Friday. Promotional Services.
This warning is based on the fact that Binance has not successfully registered with the FCA, but a Binance spokesperson said that it is currently actively applying to the authorities and has submitted it before the regulatory regulations take effect.
.
Other currency news
The Ethereum Layer 2 expansion plan Scroll genesis block was born, and the community paid attention to the ecological development after the mainnet was launched.
.
Binance has listed Neutron, a cross-chain project built on Cosmos, and its native token NTRN is open for margin trading.
Full version of Lian Xi’s birthday report
Watch the boss’s views and critical attack opportunities this week
Welcome to the "Chasing Current Affairs" section of "Chain Trainee" --> "Chasing Current Affairs"!