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Mask ๐ŸŽญ๐ŸŽญ๐ŸŽญ
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Memecoins Dogecoin (DOGE) and Shiba Inu (SHIB) have shown no signs of life following the recent market downtrend. These cryptocurrencies have been trading in a bearish trend while other altcoins have enjoyed restorative surges. Dogecoin and Shiba Inu suffer from poor price performance due to their strong correlation with Bitcoin. In addition, on-chain data also paints a bearish outlook for the two memecoins, showing that the Dogecoin network's net growth rate is slowing and Shiba Ino's major shareholders are also divesting their stakes. However, in the long term, these two digital currencies are expected to experience significant upward movements.
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@mina72
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@mina72
Memecoins Dogecoin (DOGE) and Shiba Inu (SHIB) have shown no signs of life following the recent market downtrend. These cryptocurrencies have been trading in a bearish trend while other altcoins have enjoyed restorative surges. Dogecoin and Shiba Inu suffer from poor price performance due to their strong correlation with Bitcoin. In addition, on-chain data also paints a bearish outlook for the two memecoins, showing that the Dogecoin network's net growth rate is slowing and Shiba Ino's major shareholders are also divesting their stakes. However, in the long term, these two digital currencies are expected to experience significant upward movements.
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Thank you 5 $DEGEN
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Mask ๐ŸŽญ๐ŸŽญ๐ŸŽญ
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๐ŸŽญ
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@selena65
Seasoned investor Luke Gromen predicts that tens of trillions of dollars will move from the US bond market to Bitcoin (BTC), gold and stocks. According to Digital Currency, he stated in an interview that the central banks of the world are afraid of keeping US bonds due to the risk of confiscation by the US government. Grumman believes that other investors will also sell their holdings due to the higher potential of Bitcoin, gold and stocks than bonds. He emphasizes that the U.S. government cannot afford to raise interest rates because of its massive debt, which makes other asset classes more attractive to investors.
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@alla2024
The Financial Conduct Authority of India issued charges against Binance after reviewing the written and oral submissions of the Binance manager and the company's existing records. India's Financial Intelligence Unit (FIU) has fined digital currency exchange Binance 188.2 million rupees ($2.25 million) for serving Indian customers without complying with the country's anti-money laundering (AML) laws. On Thursday, June 19, the agency announced that the penalty would apply to multiple violations of the Prevention of Money Laundering Act (PMLA), 2002. Binance operates as a virtual digital asset service provider, making it a reporting entity. (RE) qualifies under Section 2(as)(vi) of the PMLA, this designation requires maintaining and reporting transaction records and ensuring robust AML measures, however FIU's investigation found that Binance when serving Indian customers to this Commitments were not adhered to.
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A financial analyst named Matthew Sigel believes that Bitcoin (BTC) is issuing bullish signals based on three key metrics: realized losses, price volatility and price declines. These include high realized losses (a sign of reduced selling pressure), low volatility (probability of price stability), and a significant drop from the price peak (end of the downtrend). These factors, along with the previous prediction of a huge jump in Ethereum (ETH), indicate optimism for the cryptocurrency market.
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Great 5 $DEGEN
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@yalda6411
Binance, the world's largest cryptocurrency exchange, has introduced new security measures to prevent abuse of account features and increase platform integrity, the decision seeks to uncover account abuse that has given certain users unfair advantages, the aim The new measures are to create a healthy and stable market environment that puts the interests of all users first, Binance warned that stricter measures against account abuse, including suspension or termination of accounts will be taken if necessary, the exchange said. It emphasized that such abuse damages the credibility of the platform and negatively affects the experience of most law-abiding users.
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Thank ๐ŸŽญ
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๐ŸŽญ
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โšก
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โšก
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๐ŸŽญ
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โšก
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