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🇨🇭 Swiss National Bank plans limited test issuance of digital Francs (CBDC)
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😱🔥BNB may be about to go bullish: Watch out for these levels!🚀🚀 Technical indicators What should be considered if #BNB shows a bullish signal? #Binance ’s native token $BNB has risen to 593 after testing a key support level. BNB’s technical outlook suggests that the price is expected to rise as data from the cycle trades increases, while signs that the recovery could continue. BNB found support at the 50-day exponential moving average (EMA) of $573.3 on Wednesday. This recovery came after the $612.5 resistance level was rejected on Monday. As of October 24, the popular altcoin is trading at around $592.3. What level should BNB target? If the 50-day EMA support holds and BNB continues above $612.5, this would create a higher peak for the short-term uptrend. In this scenario, the next target could be seen at $674.8 on June 10. The Relative Strength Index (RSI) on the daily chart has rebounded from the neutral 50 path to 54, indicating that the bulls are still ready for a recovery rally. Futures signal an increase Coinglass data also aligns with this positive outlook. BNB’s long/short ratio reached its highest resolution in the last month at 1.05 on Thursday, while on Wednesday it was at 0.91. The ratio being above 1 indicates that more investors are expecting a price increase. However, if BNB breaks the downtrend lines drawn by the 50-day EMA, which connects the lows formed by the August lows, this bullish scenario will be invalidated. In this case, BNB could appreciate by 6% and retest the $534.3 level seen on October 3. #altcoins #ScrollOnBinance
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😱🫨Vitalik Buterin criticized Michael Saylor's Bitcoin comment: "It's crazy..." Ethereum founder #VitalikButerin has responded harshly to MicroStrategy chairman Michael Saylor’s Bitcoin custody statements. In an interview on Markets with Madison, Saylor discussed his long-term vision for Bitcoin, saying that the risk of disease is increasing as unregulated individuals are collected and controlled. “There is an increasing risk that Bitcoin will continue to be held by crypto anarchists who do not recognize the government, do not accept tax obligations or reporting requirements,” Saylor said. However, these comments may be ironic to some, as Saylor has previously paid $40 million to settle allegations of tax evasion and $8.5 million to settle accounting fraud charges. Saylor also suggested that the idea of custody may be a pipe dream. “There is a lot of crypto that is very much tied to it, but 99.9 percent of the money is still in the traditional economy,” Saylor said, arguing that more secure custody solutions are offered than the hardware budgets of major banks. Buterin responded to the comments on Twitter, calling Saylor’s statements “crazy.” Buterin responded to a post by Jameson Lopp, co-founder of Bitcoin custodian Casa, noting that Saylor advocates for crypto to be protected internationally. “There are many examples of where this strategy can fail, and to me, it doesn’t align with the values that crypto stands for,” Buterin said. #michaelsaylor #BTC #binance
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😱🔥They left their mark on the day: Bulls turned to these Altcoins🚀🚀 Safe (#SAFE ) SAFE, which serves as a full blockchain fork of Solana and focuses on the community, became the highest-rising altcoin in the last 24 hours. SAFE increased by nearly 50 percent with the listing of Asia-based crypto exchange Upbit. According to CoinGecko systems, SAFE recorded a trading volume of $67 million in the last 24 hours, reaching a market value of $697 million. Goatseus Maximus (#GOAT ) GOAT, the artificial intelligence portable memecoin launched on the Ethereum blockchain, increased by nearly 25 percent in the last 24 hours. GOAT, which went viral in a short time and managed to attract new investors, was at the top of the day. GOAT, which has a market value of $800 million, recorded a trading volume of $430 million in the last 24 years. Popcat (#POPCAT ) popcat chart Popcat (POPCAT), one of the most popular memecoins on the Solana blockchain, has made a big gain and left its mark on the ecosystem. Cat-watchable memecoin, POPCAT, which recorded a trading volume of $ 245 million in the last 24 hours, has a market data of $ 1.513 billion. (#MEW ) MEW, another cat memecoin on the Solana blockchain, made its mark at the top of the day with its rise. Rising 10 percent in the last 24 minutes, MEW signaled the cat memecoin craze. In particular, the parallel rise of POPCAT and MEW was noted. MEW recorded a trading volume of $ 403 million in 24 years and reached a market data of $ 927 million. #altcoins
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🔥🔥MANTRA to Participate in Binance Blockchain Week in Dubai on October 30th #Mantra will participate in the Binance Blockchain Week on October 30th-31st in #Dubai . The event will feature a series of panels, providing a platform for industry leaders to discuss and share their knowledge and insights on the latest trends and developments in the blockchain industry. $OM Info The MANTRA project, also known as the OMniverse, is a vertically integrated blockchain ecosystem that has been rebranded and restructured to encompass a variety of innovative products and services. These services are targeted towards both retail and institutional investors and are segmented into four primary components: MANTRA Nodes, MANTRA Chain, MANTRA Finance, and MANTRA DAO. Each of these components serves a specific role within the OMniverse, collectively creating a versatile and comprehensive crypto platform. The OMniverse’s operation mechanism is driven by its four main components. MANTRA Nodes, the foundational stack, provide revenue generation and community growth through yield-earning opportunities on multiple blockchains, alongside node management and staking services. The MANTRA Chain is a protocol for the Cosmos ecosystem that offers interoperability with other blockchains and aids in the development of secure decentralized applications and exchanges. MANTRA Finance aims to combine the speed and transparency of DeFi with the traditional financial world, enabling non-custodial and permissionless digital asset transactions. Lastly, MANTRA DAO, embodying a transparent governance mechanism, focuses on community involvement and provides services that improve the business functions of various DAOs. OM, the native token of the OMniverse, serves a variety of utilities within the ecosystem. Its roles include governance, enabling OM stakers to issue proposals and participate in voting processes, as well as staking, where OM can be staked directly on MANTRA“s web app or Binance to earn passive yields. #BinanceBlockchainWeek #OM
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😱🪂Sharp drop in Scroll (SCR): "Could it be the worst airdrop in history?" Ethereum’s layer-2 network Scroll continues to draw reactions with its long-awaited token #SCR Many users expressed their satisfaction with this Scroll as it continues to expand, as in the Hamster Kombat airdrop. In the project’s first airdrop, 5.5 percent of the total $SCR supply (55 million SCR out of 1 billion tokens) was distributed early, contributing to the ecosystem in the past. According to the Scroll team’s blog post, 40 million SCR of this amount was given to those who earned 200 or more Scroll points on the layer-2 network. In addition, 1 percent of the total supply was shared equally among eligible budgets, while 0.5 percent was offered as a “bonus” for meeting certain criteria. Both the airdrop features and the SCR price seem to be numerous and network-focused. In fact, many think Scroll has made the worst airdrop in its history. Many Scroll network users, who were subjected to criticism of the SCR airdrop, expressed their displeasure on X (formerly Twitter), claiming that the airdrop was not met. Some users criticized the project with humorous content and the insufficient amount of SCR distributed. A person named DYOR.eth described the airdrop as “one of the worst airdrops in history” in a post he made, stating that the assets on the Scroll network were flowing out. A popular airdrop follower Joshyy described the event as “the worst airdrop ever.” Other users made posts implying that the performance and value of the Scroll airdrop were not met. A 23 percent loss in just one day, the SCR token rapidly decreased in value after the airdrop. According to CoinGecko systems, SCR decreased by 23 percent to 1.07 after the airdrop transaction. It is common for new crypto tokens to experience a decline after the airdrop. #ScrollOnBinance #airdrop #binance
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