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NEW APP FOR MINING!! Go farm ICE TOKEN, and send ur code to your friends to recive both +25% on the extraction of ICE TOKEN! use this link to have the +25%!! download link: https://ice.io/@teio thank you in advance guys❤️
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Ethereum Price Could Start 2024 With A Strong Increase If It Holds This Support Ethereum price is correcting gains below the $2,350 zone. ETH could attempt a fresh increase unless there is a close below the $2,200 support. Ethereum is correcting gains and trading below the $2,350 level. The price is trading below $2,320 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $2,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if there is a close above the $2,350 level. Ethereum Price Eyes Fresh Increase Ethereum price struggled to clear the $2,440 resistance zone and started a fresh decline. ETH declined below the $2,350 support zone to move into a short-term bearish zone, like Bitcoin. There was a close below the $2,320 level. A low was formed near $2,258 and the price is now consolidating losses. Ethereum is now trading below $2,320 and the 100-hourly Simple Moving Average. There is also a key bearish trend line forming with resistance near $2,300 on the hourly chart of ETH/USD. The first major resistance is now near $2,350 or the 50% Fib retracement level of the downward move from the $2,445 swing high to the $2,258 low. A close above the $2,350 resistance could send the price toward $2,400. The next key resistance is near $2,440. A clear move above the $2,440 zone could start another increase. The next resistance sits at $2,500, above which Ethereum might rally and test the $2,550 zone. More Losses in ETH? If Ethereum fails to clear the $2,300 resistance, it could continue to move down. Initial support on the downside is near the $2,250 level. The first key support could be the $2,240 zone. A downside break and a close below $2,240 might start another major decline. In the stated case, Ether could test the $2,200 support. Any more losses might send the price toward the $2,120 level. like and follow❤️
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Binance's 2023 Report: A Comprehensive Overview In its latest annual report, leading Web3 firm Binance delves into key metrics, events, and investments shaping the cryptocurrency landscape in 2023.Binance's 2023 Report: A Comprehensive Overview The Figures Tell the Story Notably, a staggering 30% surge in user base, with 40 million new additions, has propelled the total user count to 170 million. Binance's product portfolio witnessed significant expansion, with support for 69 fiat currencies on centralized exchanges and 30 fiat channels globally. P2P crypto trading, emphasizing intermediary-free transactions, experienced an 18% uptick in transactions and a 39% rise in user participation compared to 2022. Flagship Product Performance Unveiled The report highlights the success of Binance Square, a burgeoning social content platform, boasting a ninefold increase in creators since 2022 and a substantial surge in daily users. Binance Earn, a suite enabling passive income from cryptocurrency investments, reported remarkable growth, with a 35% surge in users since 2022 and a 16.8% increase in total value locked in TVL. The retrospective also touches upon the launch of Binance Web3 wallet, a self-custodial solution witnessing the creation of millions of Web3 wallets since its inception. Binance Boosts Investment in Compliance and Transparency The report extensively explores the company's dedication to compliance amid a challenging year. Binance's investment in 2023 has surged to a substantial 213 million USD, marking a notable 35% increase from the previous year. The document outlines additional measures taken to enhance market surveillance. Against the backdrop of ongoing regulatory scrutiny, particularly in the United States, Binance faces challenges related to rule violations in both spot and derivatives trading activities. Binance emphasizes its commitment to maintaining the transparency of user funds, citing a proof of reserve report that now supports 31 tokens in 2023, a significant increase from the 9 tokens at the end of 2022.
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The US Court Continues to Deny CZ's Application to Return to the UAE Binance cryptocurrency exchange founder Changpeng Zhao (CZ) is still ordered by the court to remain in the US until his sentencing date in February 2024.The US Court Continues to Deny CZ's Application to Return to the UAE The US court continues to deny CZ's application to return to the UAE According to a new announcement published on the morning of December 30, the Western Washington District Court in Seattle (USA) denied the request to return to the UAE of former Binance CEO, Changpeng Zhao (CZ). This is the second time the court has denied the Binance founder's request to move, after the first time in early December. The court did not clearly state the reason when CZ asked to return to the UAE, other than wanting to reunite with his family, including "wife and 3 children". Mr. Zhao has been in the US since late November until now. As reported by AZC.News, CZ pleaded guilty in a US court to violating anti-money laundering regulations. He had to resign as CEO of Binance, was banned from holding management positions at the exchange for 3 years, and had to pay a fine of 50 million USD. He faces a sentence of 18 months to 10 years in prison, with sentencing expected at the end of February 2024. This is part of the settlement agreement between Binance and the US government. Binance has agreed to pay $4.3 billion to end the investigation by the US Department of Justice. In addition, Binance is also banned from operating in the US market. Although CZ's bail application was approved with a guarantee value of up to 150 million USD, the US prosecutor proposed that the court keep CZ in US territory instead of returning him to the UAE where he currently resides residence. The reason is because the US is concerned that CZ may flee and not return to bear legal responsibility. The US does not have an extradition treaty with the UAE, and there is no way to freeze the Binance founder's assets because they are largely outside US jurisdiction. Related: Binance CZ's Wealth Soars $24.6B Despite $4.3B Fine
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Ethereum Whales Sell $136M ETH on Binance The Ethereum price surge paused as whales moved $136 million worth of ETH to exchanges, triggering a decline in the cryptocurrency's value.Ethereum Whales Sell $136M ETH on Binance Ethereum's robust momentum hit a roadblock on December 29, 2023, as the cryptocurrency, following an impressive rally, experienced a setback with losses extending into Friday. The surge on Thursday drove Ethereum's price above the significant $2,445 threshold, marking a noteworthy achievement. However, this upward momentum was short-lived, with the crypto slipping to around $2,350. The downturn is attributed to substantial whale transfers, indicating a move by these large holders to secure profits from the recent price surge. Over the last 24 hours, whales have unloaded more than $136 million worth of ETH across various crypto exchanges. Whale Alert on X reported three significant Ethereum whale transactions post the recent price surge, totaling $136.18 million. The latest transaction, occurring approximately four hours ago, involved the transfer of 10,000 ETH from an unknown wallet to Gate.io, amounting to $23.26 milli. In another notable transaction, 14,612 ETH, valued at $34.11 million, was dumped to Coinbase from an undisclosed wallet. The largest dump, recorded about 15 hours ago, involved 33,400 ETH, worth $78.81 million, directed towards Binance from an unidentified wallet. Ethereum's Latest Market Update As of the latest market update, the price of Ethereum (ETH) has experienced a 1.19% decline, settling at $2,353.05 as of press time on Friday. This follows a notable 30-day high of $2,445.02 achieved on Thursday, December 28. Despite the current dip, the cryptocurrency has seen a commendable 3% gain over the last seven days, attributed to the recent bullish trend. Ethereum has demonstrated a robust 1-month gain, exceeding 14%. TradingView analytics reveal that the current ETH price is well above the 50-day EMA of 2156.90, indicating a prevailing bullish sentiment despite the recent pullback. The RSI value remains neutral at 59.5.
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