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While Bitcoin reaches the peak level of 2023, the total value of the cryptocurrency market is very close to breaking the record of the year. BeInCrypto Analyst Valdrin Tahiri commented on the BTC and AAVE charts. Last week, Bitcoin rallied as high as $31,431, creating a massive bullish candle. Valdrin states that the leading cryptocurrency, which retreated a little after, is moving within the long-term resistance at $ 30,000: “This region is very critical. If Bitcoin breaks successfully, there can be a sharp rise to $ 47,000. However, if it fails to close above $31,000, there may be a pullback…

Hong Kong’s largest bank, HSBC, is opening its cryptocurrency ETF products for trading for its customers. It was noteworthy that the giant bank offered exchange-traded funds focused on Bitcoin and Ethereum. HSBC has announced that it will allow trading of ETFs for BTC and ETH on the Hong Kong exchange. Currently, the Hong Kong exchange has the CSOP Bitcoin Futures ETF and the CSOP Ethereum Futures ETF. Also included is the Samsung Bitcoin Futures Active ETF. HSBC is the first bank to grant access to these cryptocurrency ETFs. Offering ETF products, HSBC also launched the Virtual Asset Investor Education Center.…

Binance has stopped delisting privacy-based altcoin projects. At the end of May, it was decided to delist 12 altcoins due to regulatory measures in Europe. France, Italy, Spain and Poland are the countries where the decision will come into effect as of June 26. would be. However, according to the latest statements, the giant cryptocurrency exchange has given up on this decision. In a statement to CoinTelegraph, the executives of the exchange stated that the decision was changed taking into account the feedback: After carefully considering feedback from our community and several projects, we revised how we categorize privacy altcoins…

Do Kwon is on the agenda of the cryptocurrency market. Described as the biggest suspect in the Terra crash, where losses amounted to $40 billion, he was sentenced to 4 months in prison last week. Some assets belonging to the controversial name were also confiscated. According to the documents shared by South Korea-based media outlets, the assets of Do Kwon and his partners $26 million were reached. Assets stored in Switzerland as crypto money and dollars were seized at the request of official institutions. The assets are reportedly held at Switzerland-based Sygnum, known as the first digital asset bank. According…

Earning passive income has become more and more in demand. This article is for digital income earning. Let’s dive into the exciting universe of cryptocurrencies. So explore the potential of a project to generate passive income like never before with Bitcoin (BTC), Ethereum (ETH), and Caged Beasts (BEASTS). Prepare yourself for a journey that is as promising as it is unique and financial freedom is at your fingertips. The Potential of Bitcoin To discover In the world of cryptocurrencies, Bitcoin remains the undisputed king. Pioneering the digital currency movement, Bitcoin caught the attention of the whole world with its revolutionary…

The agenda in the Ripple community is the allegations that have been made recently. Recently, a social media account named TheCryptoAlert revealed that Ripple Corporation will take 10 billion XRP and burn them. Such a development, which would remove 10% of the total supply from circulation, excited the XRP community. However, the lack of an official source on the subject created question marks. John E. Deaton, one of the lawyers who closely follows the Ripple SEC Case, made a post on the subject at the weekend and stated that he would not believe such a claim without Ripple’s explanation. The…

Bitcoin continues to stay above the $30,000 level. It is a matter of curiosity whether the leading cryptocurrency, which has recently risen to $ 31,500, can continue its rise. One of the popular analysts, DonAlt, devoted a wide space to this topic in his latest video. Knowing the rises in 2023, the analyst said that Bitcoin is in an area of ​​indecision for now and reminded that this region has been tested before. According to DonAlt, the leading cryptocurrency could overcome the weakening resistance due to the testing of the $30,000 levels in April: “This resistance has been tested before,…

NEAR Foundation continues to take important steps towards Layer 1 networking. NEAR developers finally sat at the table with Alibaba Cloud. It seems that Alibaba Cloud and NEAR Foundation will cooperate in certain areas. Accordingly, Alibaba Cloud, the top 3 cloud storage technology companies, will make it easier for developers. Alibaba will offer multi-chain indexing to provide data query API to developers. NEAR Foundation reports that the partnership with the China-based tech giant will accelerate Web 3 growth in Asia and the Middle East. It was also noted that access was granted in order to attract more developers. In other…

FXS, the native token of Frax Finance, the power behind the stablecoin project FRAX, continues to surpass many important projects. Frax Share (FXS) has managed to become one of the 100 most valuable cryptocurrencies. Price prediction sites put forward positive expectations in their projections for 2024. Some sites’ FXS forecasts for 2024 are as follows: 5-year price predictions for FXS Coin in the following ranges: Comments on the Future of FXS Frax Finance has made significant progress on DeFi in recent years. Along with the stablecoin FRAX, the local token of the project, FXS, has become one of the popular…

Cryptocurrency wallet Trust Wallet (TWT) is catching the attention of investors. The future of the TWT project and the price movements it will show in the future are curious. The native token of cryptocurrency wallet Trust Wallet, TWT, is among the first to be released on the BNB Chain network. Thanks to its Bep-20 support, Trust Wallet supports a large number of assets, paving the way for transfers between wallets. The popular cryptocurrency wallet also provides DEX transactions through transfers and exchange of other assets. Some of the prominent features of the Wallet application are: The Future of Trust Wallet…