Solana coin SOL has been one of the biggest winners in the cryptocurrency market recovery in recent months. The price of Solana coin SOL corrected after reaching its peak at the $200 level in mid-March. Since then, it has been trading within the Fibonacci retracement levels and the ascending trend line. The price is trading at $165, slightly above the 23.6% Fibonacci level at $160.
The price has reached the targets and technical signals indicate that there is more potential upside. The path of LINK price movement is not strongly linked to general market developments, unlike previous digital currencies. It managed to break the price channel between $13 - $17, which represents Fibonacci retracements of 61.8 - 38.2 respectively. It has now returned to retest the $17 support level
This digital currency linked to artificial intelligence also performed among the best in the entire market with an increase rate of 1060%, approaching the future of entering sideways trades confined between Fibonacci levels of 23.6 - 38.2%.
The price is now trading at $10 above the 38.2 Fibonacci retracement at $9.60 $SOL $LINK
Japanese cryptocurrency exchange DMM announced that it lost 4,502.9 bitcoins, equivalent to 48.2 billion yen, or $308 million. DMM confirmed that it will replace customers' lost bitcoin deposits with the help of other group companies. The Japanese Financial Services Agency called on the company to investigate the incident. The incident is the largest since the hack that targeted FTX to steal $477 million in 2022. The incident is also the second largest incident in the region after the theft of $530 million from the Japanese trading exchange Coincheck.
Why did silver succeed in penetrating and rising to the 30-year peak?
Silver prices have reached an 11-year high, surpassing $30 an ounce, becoming one of the best-performing commodities this year, ahead of gold. The silver market is expected to face a shortage in supply for the fourth year in a row. Silver has a dual nature as a financial asset and an industrial component, as it is an essential part of solar panels. Rising silver prices have increased investor interest, amid increasingly optimistic macroeconomic conditions. As silver prices rise, investor interest increases, and optimism about the macroeconomic backdrop increases
A digital meme currency continues its journey to the top
The price of popular meme cryptocurrency Dogecoin (DOGE) showed signs of a potential rally a week ago when it broke out in a bullish pattern. Meanwhile, Dogecoin price is expected to continue its upward trend as holders do not overload the coin. Purchases by large portfolio holders have continued since the beginning of the month. Wallets containing between $10,000 and $10 million worth of Dogecoin added more than $1.1 billion.
A strong decline in Bitcoin after a sale from a collapsed exchange
Bitcoin fell as traders monitored transfers made by wallets affiliated with the collapsed Mt.Gox exchange. The famous cryptocurrency fell by as much as 3.1% and was trading at about $67,850. While the weakness extended to smaller currencies, including Ethereum,
China launches a new investment fund to support the chip industry
China launched a new investment fund supported by the Chinese government, with a capital value of 344 billion yuan, in order to promote the semiconductor industry. According to news reports, the Ministry of Finance in China owns the largest share of the shares of the new investment fund, at a rate equivalent to 17%, and reports also reported that China has completed the third phase of establishing the National Investment Fund. $BTC $ETH #EarnFreeCrypto2024 #Binance #solana #USDT #bitcoin
Smart trader makes profits from PEPE, ONDO and BEAM according to insights revealed by cross-chain tracking platform Lookonchain He increased his investment portfolio from $23 million to $65 million. He earned $42 million in just one year. Interestingly, he traded PEPE, ONDO, and BEAM cryptocurrencies to make these profits
The trader spent 2,434 ETH to buy 3.97 trillion PEPE. After that, 125 billion PEPE were sold for 350 ETH. Worth $1.27 million. Meanwhile, the trader also bought 7.55 million ONDO, worth $1.9 million. With an average price of $0.26. After that, it sold 2.56 million ONDO at an average price of $0.79
A digital currency is under strong selling pressure..!
Solana coin ended its recent bull run and started a downward trend from May 20. The double-digit decline in Solana price in the last three days pushed it towards the 20-day EMA. This is about to cross the major average downward, indicating an increase in SOL selling among market participants.
These are payments made over the Internet to purchase goods or services. Electronic payment methods can be used, such as credit cards, electronic payment gateways, money transfers, and digital currencies Online payments provide ease and speed in completing purchases, and also provide a high level of security and protection of information
There are many popular digital payments companies that provide safe and reliable online payment services........
1. PayPal#: It is considered one of the largest online payment companies in the world, and allows individuals and companies to send and receive money easily and securely.
2. Stripe#: A company that specializes in providing payment services to small and medium-sized businesses, and provides an easy-to-use user interface and a wide range of services.
3. Square#: Provides payments, digital banking, and e-commerce solutions for small and medium businesses.
4. Apple Pay#: A digital payment service provided by Apple that allows users to make purchasing transactions via compatible Apple devices.
5. Google Pay#: A digital payment service provided by Google that allows users to make quick and secure payments via smartphones and other smart devices. #EarnFreeCrypto2024 #Web3 #مدفوعات #انترنت 2436728084#payment#mobile $ADA $BNB
Central bank digital currencies have already been fully launched in 11 regions, another 21 countries have pilot programmes, while another 79 countries are exploring the idea.
What is it : Central bank digital currencies (CBDCs) are digital versions of money issued and regulated by central banks and, therefore, offer a higher degree of security and are not inherently volatile, unlike crypto assets.
Expected benefits through modernizing financial systems and introducing them to the central bank: According to the Bank for International Settlements, central bank digital currencies could reduce the costs of cross-border transactions
A way for the government and companies to send financial aid when bank branches or ATMs have been damaged, and speed of transfer and receipt #Binance #bitcoin #بنك_مركزى #ارسال #عملة $ADA $BTC
They are considered one of the most important sectors in any country's economy, as they play a vital role in developing the economy and supporting economic growth. Banks are financial institutions that provide banking and financial services to individuals and companies, while a financial market is the market where securities such as stocks, bonds, and currencies are traded.
Banks play a vital role in providing financial services to individuals and companies, such as opening bank accounts, providing loans and credit facilities, and issuing credit cards. Banks also contribute to financing investment
For its part, the financial market plays an important role in directing investments and stimulating economic activity. The financial market allows companies and governments to finance their projects by offering stocks and bonds to the public. The financial market also contributes to stimulating innovation and innovation by providing a competitive environment that encourages investment and motivates companies to improve their performance. It can be said that the financial market and banks play a vital role in stimulating economic growth and directing investments towards sectors of high economic interest. #MemeWatch2024 #سوق_رقمي #بنك #bank #مال $BTC $SOL
The prices of most cryptocurrencies rose during Thursday's trading, with the continued strong performance of Ethereum as investors await today the decision of the American Exchange Commission regarding the "Van Eck" spot fund supported by the second largest currency in terms of market value.
The price of Bitcoin increased by 0.14% to $69,750.24 at approximately 01:17 pm, while Ethereum rose by 2.41% to $3,828.50, while Ripple settled at 52.63 cents. #MemeWatch2024 #bitcoin #عملات #Binance $BTC $ETH
The most trustworthy cryptocurrency platforms in the world
Coinbase It is the largest cryptocurrency exchange in the United States by trading volume, and the largest globally in terms of assets held.
CME Group It is the largest futures exchange in the world, and is currently planning a launch to start trading Bitcoin
The Chicago-based exchange is currently the largest marketplace for trading cryptocurrency contracts for Bitcoin
Robin Hood The platform gives its 23 million customers the ability to trade 15 cryptocurrencies.
UPbit
It is the largest cryptocurrency exchange in South Korea.
Dearbit
The platform moved its headquarters and operations from Panama to Dubai.
Bitstamp It is based in Luxembourg and founded in 2011.
Crypto.com
This emerging exchange spends huge sums of money on marketing. It recently reported that it has 80 million customers globally, up from 10 million in 2021.
Kraken
It is the second largest cryptocurrency exchange in the United States in terms of trading volumes.
Fidelity
In January, the asset management company began offering the FidelityWise Origin Bitcoin ETF, which has $9.7 billion in assets under management.
LMAX Digital
Founded in 2018, it is a cryptocurrency trading platform for institutional investors.#MemeWatch2024 #Binance
North Korean hackers steal $721 million worth of cryptocurrencies from Japan
A hacker group linked to North Korea has seized $721 million worth of cryptocurrencies from Japan since 2017.
The activities of North Korea-linked groups were first widely observed in 2014, and in addition to cyberattacks, these groups steal information related to defense, healthcare, and other areas. According to Elliptic estimates, North Korea stole more than $2.3 billion in cryptocurrencies from companies between 2017 and the end of 2022. #فلسطين #دار_السريبتو #cyber $BTC $BNB #كوريا #اليابان