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Online Payment Company Paysafe Canceled Transactions in This Currency for Binance Users! Paysafe has independently announced that it will stop deposits in this currency for Binance users. Paysafe Payment Solutions Limited (Paysafe) has independently announced that it will discontinue EUR deposits for Binance users. Important Updates for Paysafe Users: Changes to EUR Transactions on Binance. Paysafe users are advised to convert their EUR balance in their Binance accounts to USDT before 03:00 on 31-10-2023. Additionally, users will be able to continue withdrawing their EUR balances from their Binance accounts to their own bank accounts. This sudden change by Paysafe will result in a temporary interruption of the following services. EUR Deposit: As of 25-09-2023 03:00, Paysafe users will no longer be able to make EUR deposits. Buy/Sell Crypto with EUR: Starting from 28-09-2023 07:00, users will not be able to buy or sell crypto with their EUR balance. Effective from 2023-09-28 07:00, all Paysafe users will not be able to trade on EUR spot trading pairs. All open orders placed by Paysafe users in EUR spot trading pairs will be canceled as of 2023-09-28 08:00. Paysafe users are advised to cancel all pending orders on EUR spot trading pairs before 07:00 on 2023-09-28.

Online Payment Company Paysafe

Canceled Transactions in This Currency for Binance Users!

Paysafe has independently announced that it will stop deposits in this currency for Binance users.

Paysafe Payment Solutions Limited (Paysafe) has independently announced that it will discontinue EUR deposits for

Binance users.

Important Updates for Paysafe Users: Changes to EUR Transactions on Binance.

Paysafe users are advised to convert their EUR balance in their Binance accounts to USDT before 03:00 on 31-10-2023. Additionally, users will be able to continue withdrawing their EUR balances from their Binance accounts to their own bank accounts.

This sudden change by Paysafe will result in a temporary interruption of the following services.

EUR Deposit:

As of 25-09-2023 03:00, Paysafe users will no longer be able to make EUR deposits.

Buy/Sell Crypto with EUR:

Starting from 28-09-2023 07:00, users will not be able to buy or sell crypto with their

EUR balance.

Effective from 2023-09-28 07:00, all

Paysafe users will not be able to trade on

EUR spot trading pairs.

All open orders placed by Paysafe users in EUR spot trading pairs will be canceled as of 2023-09-28 08:00. Paysafe users are advised to cancel all pending orders on EUR spot trading pairs before 07:00 on

2023-09-28.

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Bitcoin Climbs Past $64,000 as Altcoin Market Eyes Recovery. Recent market analysis points to a resurgence in Bitcoin's value, surpassing the $64,000 mark, while altcoin sectors also show signs of rebounding. Over the past weekend, Bitcoin experienced a recovery from a dip to $62,400, eventually stabilizing around $63,700. This upward trend in Bitcoin coincided with a modest increase in the overall altcoin market, which saw approximately a 1% rise in value during the same period. Insights on Altcoin Performance and Market Trends. Despite the promising signs of recovery, altcoins still struggle to consistently hit peak levels throughout the week, usually peaking between Monday and Tuesday. Market analysts, including Skew, have pointed out the need for altcoins to overcome this pattern to maintain their upward trajectory. Skew also highlighted the potential challenges posed by selling pressures at higher levels, which could cap further gains for these digital assets. Predictions and Strategic Movements in the Crypto Arena. Further commentary from notable market commentators like Moustache has sparked discussions about the potential onset of a significant altcoin season, which could rival the peaks seen in 2017. These predictions are often linked to the performance of key indicators such as the dominance chart of Tether (USDT), a major stablecoin. According to analysis, a decrease in USDT dominance could be a precursor to a booming altcoin market.
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Dogecoin (DOGE) Non- Empty Wallets Skyrocket by 13.8% in Months. According to on-chain analytics firm Santiment, the number of non-empty Dogecoin wallets has increased by 13.8% over the past three months. This comes despite a recent flattening trend following an enormous rise earlier this year. The increase in non-empty wallets indicates sustained Dogecoin user activity, highlighting the enduring appeal of the iconic cryptocurrency. The rise in active wallets also indicates a sustained interest in the dog-themed cryptocurrency, even as the market experiences a phase of consolidation. This suggests that despite the lack of dramatic price action, the Dogecoin community remains active and may even be expanding. The Dogecoin price rallied at the start of the year, partly fueled by a frenzy of retail investor interest, peaking at highs of $0.229 on March 28. Consequently, Dogecoin declined to enter a period of consolidation, with its price flattening out and trading within a range. Despite this apparent stabilization, the Dogecoin community remains vibrant and engaged, as evidenced by the uptick in non-empty wallets. The growth in non-empty wallets also follows ongoing developments and initiatives aimed at expanding Dogecoin's adoption. In late March, the Dogecoin Foundation launched v.1.0 of GigaWallet, a backend service that provides a convenient integration API for platforms such as online shops, exchanges and social media platforms to programmatically transact Dogecoin. The increase in non-empty wallets might be a positive sign for Dogecoin, as it implies that the community is not solely driven by speculative trading but also includes users who see value in holding DOGE long-term. At the time of writing, DOGE was up 2.82% in the last 24 hours to $0.149, rebounding slightly after yesterday's drop to lows of $0.142. Dogecoin ranks as the eighth largest cryptocurrency, with a market cap of $21.49 billion.
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Solana Co-Founder Released Important Meme Coins Statement. Meme coins carved out their own controversial niche throughout time. The co-founder of Solana has made a bold statement regarding the thesis that meme coins are scaring away serious builders. Reminding the crypto community that "serious builders" should handle a few funny meme assets and keep on focusing on their true goal instead of being scared. On the one hand, meme coins are often viewed as speculative assets that capitalize on internet trends and humor rather than fundamental value. On the other hand, they represent the freedom and creativity inherent in permissionless systems, engaging a demographic that appreciates the lighter side of cryptocurrency. The assertion that meme coins might push away serious developers stems from the concern that their volatility and the culture surrounding them can overshadow the more substantive and innovative projects within the space. Indeed, the volatile nature of these assets is a double-edged sword: They can yield high returns in a short period but also carry a significant risk of loss, much like gambling, where the odds are not always favorable. However, it is notable that meme coins account for a considerable part of Solana's market capitalization, with investors frequently buying into these smaller, more volatile assets. The immense fluctuations in price can sometimes lead to rapid wealth accumulation but can also result in equally swift financial losses for those who invest. The Solana co-founder's position seems to call for an adequate perspective on the blockchain: recognizing the legitimacy of fun and experimental uses of blockchain while focusing on volatility and value to push the relevance of the blockchain. Meme coins should not create a dispute within the industry and instead be a fun and clever way to spend some time in crypto-related communities.
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XRP Makes Important Price Reversal. XRP has recently shown a gleam of reversal possibility on XRP chart. Its daily candlestick has turned green, an optimistic sign that could herald a reversal in the short-term market perspective. This change arrives amid descending trading volume, a factor that could inject a note of caution among market watchers. The current trading volume trend may signal a lack of conviction in the price change or simply a breather before more decisive movements. A critical element to consider in this analysis is the potential crossing of the 100 and 200-day EMA. Such a crossover often implies a significant shift in market momentum, with the shorter-term 100-day EMA moving below the longer-term 200-day EMA, suggesting a bearish outlook. Looking further ahead, the possibility of a 50 and 200-day EMA cross in the coming months could be an even stronger indicator of a sustained downward trend for XRP. This event would likely confirm a long-term bearish sentiment. XRP is currently testing a support level near $0.52. If this level holds, we could witness a scenario where XRP attempts to climb toward the immediate resistance level at $0.5728. A successful breach of this threshold could open the path to further gains, potentially aiming for the $0.57 resistance. However, if the support fails to provide a strong enough floor, XRP could see its value decline toward lower support zones, which may lie around the $0.5000 psychological mark. The green candlestick provides hope for an upward trajectory, but the light trading volume and the looming EMA crosses suggest that it is too early to push longs on XRP and there is a pretty real possibility of an upcoming price reversal that will lead to serious losses.
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Meme Coins Prices Dropdown Continues, Data Says. It looks like the euphoria around meme coins might be finally gone. Out of the 10 worst performing categories on CoinGecko, five are associated with meme cryptocurrencies. At the same time, the most painful losses are associated with small-caps. Base, Solana meme coin ecosystems bleeding: Double- digit losses registered in 24 hours. In the last 24 hours, amid the general crypto market apathy, meme-associated coins are yet again suffering the most. Two ecosystems demonstrated the worst performance metrics. Meme coins on Base, a Coinbase L2 for Ethereum (ETH), lost over 18% of value overnight. The aggregated capitalization of 38 largest Base meme coins dropped to $142 million. Brett (BRETT) meme coin's price plummeted by over 40%. Solana's (SOL) meme coin segment erased 12.6% of its value. The net market capitalization of Solana-based meme cryptocurrencies barely exceeds $1.67 billion. Also, cat-themed meme coins and BRC-20 assets (some tokens in this category are also associated with memes) are amid the worst performers. While cat coins' value plunged by 8.8%, BRC-20 cryptocurrencies lost 8.7% of the total value. $8.5 million worth of DOGE, WIF, BONK positions liquidated, mostly longs. This dropdown in the meme coin sphere triggered eight-digit liquidations on futures markets. Dogecoin (DOGE), Dogwifhat (WIF), Bonk (BONK) and Pepe (PEPE) are the worst sufferers here. With $150 million in total liquidated in the last 24 hours, three largest meme coins are responsible for $8.5 million in equivalent lost. Over 80% of this sum should be attributed to long positions. The total crypto market capitalization is down by 2%, data says.
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