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🇦🇪 RAKBANK, a government-owned bank in the UAE, has partnered with Bitpanda to create a digital asset management platform for residents, though it still awaits approval from the Central Bank.

This move aligns with the UAE's growing embrace of crypto, following recent advancements like the launch of RAK Digital Assets Oasis and a Dubai court's recognition of crypto for salary payments.

@cryptoopdate

The 2024 US elections: Who’s winning, and how does crypto factor in? | Opinion

In the ‘presidential war of perception’ during the 2024 U.S. elections, crypto voters will play an integral role in a candidate's victory, argues Courage Kimber.

#XRP

Is Poised For A Massive Breakout From A Multi-Year Symmetrical Triangle, Potentially Leading To A New All-Time High In The Coming Months. The SEC Case Closure Is A Major Win For #Crypto And Ripple

🚧 Ethereum ETFs extend streak with $20 million in outflows, ETH poised to continue consolidation

Ethereum (ETH) is down nearly 1% on Tuesday as its weak open interest indicates that prices will likely remain range-bound in the coming...

@cryptoopdate

♻️ XRP Elliott Wave technical analysis

Elliott Wave Analysis TradingLounge Daily Chart, XRP/ U.S. dollar(XRPUSD) XRPUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave III Direction Next higher Degrees: wave I of Impulse Wave Cancel invalid level: Details: the five-wave Increase of wave III XRP/...

@cryptoopdate

Long KEY here $0.00495-$0.00498

Targets: 50-100%

🇺🇸US Solana ETFs have ‘snowball’s chance in hell’ of approval, says analyst

Solana ETF approvals are extremely unlikely this year, though VanEck’s head of digital assets, continues to believe in them.

Im holding KEY for targets💪

Never sell early😎

#Trx

Moving Towards Targets Sharply After Breaking Out Running In 15%+ Profit So Far

🇦🇪 Tether plans to launch a stablecoin pegged to the UAE dirham in collaboration with Phoenix Group PLC and Green Acorn Investments, aiming to enhance international trade and remittances.

The new stablecoin will be fully backed by UAE-based reserves and provide users with a cost-effective method for accessing AED benefits.

Bitcoin: $60,787
Ethereum: $2,623
Solana: $142

Altseason coming🚀

JUST IN: Donald Trump teases crypto project and says "for too long, the average American has been squeezed by the big banks and financial elites.

It's time we take a stand together."

@cryptoopdate

Binance founder CZ moved to halfway house, remains in custody

Changpeng Zhao, former CEO of Binance, has been transferred from prison to a halfway house in Long Beach, California

Good to hear tho, what do you guys think

#Snx

Testing Crucial Area Falling Wedge + Horizontal Resistance Snx Needs To Clear This Area 1.65$ To Continue Its Bullish Wave Incase Of Successful Breakout Snx Will Target Next Résistance Between 1.95 - 2.00 Area Next Résistance Woll Be Around 3.20$ These Are Possible Targets Incase Of Successful Breakout ✅

Bitcoin must ‘clear resistance’ at $62K to avoid another ‘Black Monday’

Bitcoin is at a critical junction; if it fails to hit $62,000 and hold there, it could drop below $50,000, according to analysts from Kraken. Some aren’t so pessimistic.

@cryptoopdate

🇨🇳 China has successfully extradited a suspect involved in a massive $14 billion cryptocurrency pyramid scheme from Thailand. 

🚧 The suspect, identified as Zhang, is accused of leading the MBI Group, which allegedly lured over 10 million investors with promises of high returns from 2012 until the present.
According to China’s Ministry of Public Security, Zhang’s scheme required participants to pay fees ranging from 700 yuan ($98) to 245,000 yuan ($34,300) in exchange for platform membership through the issuance of virtual digital currency. 
The group reportedly accumulated over 100 billion yuan ($14 billion) in funds.

😭 Zhang investigation
The investigation into Zhang began in November 2020, led by police in Chongqing, China. In March 2021, Interpol issued a red notice for Zhang, leading to his arrest by Thai authorities in July 2022. 
A Thai court ruled in May 2023 to extradite Zhang to China, and the extradition was completed on August 20, 2024.

⚡️ JUST IN: Bitcoin breaks 64K! 📈

🇺🇸 JUST IN: RFK Jr. says he is suspending, not terminating his presidential campaign, and will support Donald Trump.

Both are crypto supporters, does this make you bullish? 🐂

🚨 JUST IN: Telegram Responds to EU Law Compliance Concerns

Telegram has officially addressed concerns over its compliance with EU regulations, including the Digital Services Act (DSA). Its moderation practices align with industry standards and are continually improving.

In a statement, Telegram emphasized that it is unreasonable to hold a platform or its owner accountable for the misuse of the service by users. CEO Pavel Durov, who frequently travels across Europe, has expressed transparency in Telegram’s operations.