<img alt="Crypto Trader Projects Reduction In Bitcoin Dominance By Next Week" class="webfeedsFeaturedVisual wp-post-image" height="411" src="https://coinedition.com/wp-content/uploads/2023/08/btc6-1.jpg" style="display: block; margin-bottom: 5px; clear: both;" width="730" /><p>The founder of crypto exchange Thodex has been sentenced to 11,196 years in prison. The estimated losses from the crash of the exchange are believed to be around US$2 billion. “I wouldn’t have acted so amateurishly if this were a criminal organization,” said Faruk Fatih Ozer who appeared unrepentant. The founder of crypto exchange Thodex, [&#8230;]</p>
<p>The post <a href="https://coinedition.com/11000-year-prison-sentence-for-founder-of-collapsed-turkish-crypto-exchange/" rel="nofollow">11,000-Year Prison Sentence for Founder of Collapsed Turkish Crypto Exchange </a> appeared first on <a href="https://coinedition.com" rel="nofollow">Coin Edition</a>.</p>

11,000-Year Prison Sentence for Founder of Collapsed Turkish Crypto Exchange

Ethereum's staking soars, breaching all-time highs, while exchange inflows wane. Lido Finance's meteoric rise sparks Ethereum's security debate.

What you need to know as Ethereum staking reaches new highs

Ethereum price is attempting a recovery wave from $1,565 against the US Dollar. ETH could struggle to recover above $1,600 and might resume its decline. Ethereum is slowly moving higher toward the $1,600 resistance zone. The price is trading below $1,600 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance near $1,595 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it fails to clear the $1,600 resistance zone. Ethereum Price Struggles Below $1,600 Ethereum’s price started a fresh decline below the $1,620 and $1,600 levels. ETH even declined to a new weekly low below the $1,580 level, unlike Bitcoin. It traded as low as $1,565 and recently started a short-term upside correction. There was a move above the $1,580 level. The price climbed above the 50% Fib retracement level of the recent drop from the $1,600 swing high to the $1,565 low. However, the bears are still active near the $1,600 resistance. The price is struggling to clear the 76.4% Fib retracement level of the recent drop from the $1,600 swing high to the $1,565 low. Ether is now trading below $1,600 and the 100-hourly Simple Moving Average. There is also a major bearish trend line forming with resistance near $1,595 on the hourly chart of ETH/USD. On the upside, the price might face resistance near the $1,595 level. Source: ETHUSD on TradingView.com The next major resistance is $1,600. A push above $1,600 might send Ethereum toward $1,620. If the bulls succeed in clearing the $1,620 hurdle, the price could start a decent increase toward the $1,650 resistance. Any more gains might open the doors for a move toward $1,700. More Losses in ETH? If Ethereum fails to clear the $1,600 resistance, it could start another decline. Initial support on the downside is near the $1,580 level. The next key support is $1,565, below which the price could test the $1,540 support. A downside break below $1,540 might push the price further into a bearish zone. In the stated case, there could be a drop toward the $1,500 level. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 level. Major Support Level – $1,565 Major Resistance Level – $1,600

Ethereum Price Hints At Potential Correction But Faces Uphill Task

Although crypto exchange Binance continues its legal battle with the U.S. Securities and Exchange Commission, it is seeking new opportunities in the overseas market. The latest development shows that Binance is gearing up to launch stablecoins denominated in USD, EUR, and Japanese Yen, by 2024, in Japan’s booming crypto industry. For this project, Binance has 
The post Binance Partners With Banking Giant MUFG Japan to Launch Stablecoins appeared first on CoinGape.

Binance Partners With Banking Giant MUFG Japan to Launch Stablecoins


                    
                    Optimism slid as much as 10% in the week leading up to a scheduled token unlock that will see 24 million OP tokens released onto the market. 
                    The price of Optimism’s native OP token is leading losses among the top 50 cryptocurrencies, falling as far as 10% on the week ahead of a $30 million token unlock.According to data from tokenomics platform Token Unlocks, 24.16 million OP tokens, which account for roughly 3% of the circulating supply — are scheduled to be unlocked on Sept. 30. The next OP token unlock is scheduled for Sept. 30. Source: Token UnlocksAt current prices, the unlock will see a little more than $30 million worth of OP tokens hit the market, with $15.49 million going to core contributors and $14.26 million set aside for investors. Token unlocking events form a core part of many main cryptocurrency projects, with many teams choosing to gradually release tokens to the market instead of unleashing them all at once. Typically however, unlocking events are viewed by investors as likely to put pressure on prices, as a new supply of tokens becomes available for sale.The price of OP token has rebounded slightly in the past five hours. Source: CoinGeckoThe price of the OP token is currently trading flat on the day at $1.26, after experiencing a brief 3% rally in the past 5 hours, according to price data from CoinGecko. Related: Optimism transactions surpass Arbitrum, but what’s behind the uptick in users?Last week on Sept. 21, Optimism revealed that it would be selling $160 million worth of the OP token to private sellers as part of a planned sale. Starting today, there will be several transactions totaling approximately 116M OP tokens. We’re sharing as a heads up to our community that these are planned transactions.— Optimism (✨_✨) (@optimismFND) September 20, 2023

On Sept. 19, Optimism announced its third airdrop, where 19.4 million OP tokens were allocated to more than 31,000 addresses that took part in delegation activities relating to the network’s decentralized autonomous organization (DAO), Optimism Collective.Asia Express: JPEX staff flee event as scandal hits, Mt. Gox woes, Diners Club crypto

Optimism OP token slips 10% in week ahead of $30M token unlock

Just as the XRP community welcomed a development around former US Securities and Exchange Commission (SEC) Chairman Jay Clayton, there was a massive token transfer in to crypto exchange Bitstamp. Does it mean a rise in sell activity for the fifth ranked cryptocurrency by market cap? Also Read: Binance Belgium Reopens After 3 Month Regulatory 
The post XRP Price To Face Volatility With Huge Anonymous Wallet Transfers? appeared first on CoinGape.

XRP Price To Face Volatility With Huge Anonymous Wallet Transfers?

YouTube introduces AI features for Shorts and long-form videos, including Dream Screen, AI Insights, Assistive Search, Aloud dubbing, and a mobile video editing app, aiming to empower content creators. [...]
Read More...
The post YouTube’s new AI tools to enhance creators’ efficiency appeared first on CoinGeek.

YouTube’s new AI tools to enhance creators’ efficiency

The No Shill Zone is a pure data driven collaboration by Ben Cowen #intothecryptoverse  and Gareth Soloway #VerifiedInvesting, two epic traders that rely on data, charts and logic versus emotion, #fud  and #fomo. They analyze #crypto , #stocks , #commodities  like #gold  and #silver  as well as the macro picture to give viewers their only chance at survival. Never one's to shill anything, Ben Cowen and Gareth Soloway bring the power of data and #TechnicalAnalysis to their viewers in epic fashion. Tune in every Monday at 11am ET for another episode. #bitcoin  #nvidia  #apple  #federalreserve  #interestrates  #recession   #trading  #investing  #tesla  #options  #forex  #stockmarket  #usdollar  #gdp  #earnings  #microsoft  #ai  #jeromepowell  #CPI

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Today after Altcoin Daily published an interview with TJ of Hit Network, Ben Armstrong (Bitboy) went live on air and may have been arrested.  

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Ben Armstrong Arrested On Air? | Bitcoin Update

In this video, I'm excited to discuss two key pieces of news: MicroStrategy's recent massive accumulation of Bitcoin and the growing supply held by long-term Bitcoin holders. Drawing a parallel between our current market situation and the bear market of 2018, it's vital to recognize the significance of historical data and long-term trends. Despite some bearish sentiment lingering in the crypto space, the data available paints a different picture, one that strongly suggests continued growth and adoption.

This is reinforced by the enduring institutional interest in Bitcoin, exemplified by MicroStrategy's recent substantial purchases, and the historical pattern of long-term Bitcoin holders accumulating during bear markets. Additionally, I address potential bearish scenarios, such as the loss of institutional interest, regulatory scrutiny, negative perceptions, and a perceived lack of innovation, contending that these factors may not be as detrimental as they initially seem and could potentially contribute to the overall maturation and expansion of the crypto market. In conclusion, I maintain a bullish outlook on the crypto market, grounded in technical analysis, historical trends, and current data, while also encouraging respectful discussion and inviting you to share your perspectives on the crypto market's trajectory.

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Intro 00:00
2018 Bitcoin prediction 00:35
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Sources:

https://cointelegraph.com/news/microstrategy-buys-5-4k-bitcoin-for-147million

https://ambcrypto.com/blog/is-bitcoin-dead-all-potential-bearish-scenarios-covered/

https://blockworks.co/news/bank-america-fidelity-bitcoin-microstrategy

https://cointelegraph.com/news/bitcoin-etf-sec-deadline

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*The above video references an opinion and is for news/information and entertainment purposes only. It is not intended to be investment advice, financial advice, or any solicitation, recommendation, endorsement, or offer that you buy or sell any cryptocurrency or securities. Trading in cryptocurrencies and securities is a high risk activity involving risk of loss so please seek a duly licensed professional for investment or financial advice. The information provided on this video should not be used to make any investment or financial decisions without consulting your financial or investment advisor. This video contains my opinion only and is not intended to cause harm or defame anyone or any entity.

Crypto Capital Venture is big on tracking bitcoin market in particular. The general premise of technical analysis videos on Crypto Capital Venture is that although Bitcoin price price moves very in a very volatile way, there is much opportunity in being prepared for upside and downside. We also cover Bitcoin news on this channel as it comes out.

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Massive CRYPTO ACCUMULATION Underway! BITCOIN Whales On The Move!

Crypto whales are one of the best tools to prepare your altcoin portfolio. This video shows you three tokens whales have been busy with over the last few days.

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Crypto Whales are SECRETLY Buying These 3 Altcoins 👀

In Canada, Parliament gave a standing ovation to a 98 year-old Nazi veteran who fought for Ukraine against Russia during World War II. He was a Waffen-SS soldier. Is Hitler back after decades of being canceled? Canadian veteran and journalist David Krayden joins us to discuss this national embarrassment.   

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About Clayton and Natali Morris:
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The content in our Youtube videos SHALL NOT be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information. We are not financial advisers. We only express our opinions based on our experiences. Your experience may be different. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. There is NO guarantee of gains or losses on investments.

These videos are for entertainment purposes ONLY. IF stocks or companies are mentioned, we MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on these videos. If you need advice, please contact a qualified CPA, attorney, insurance agent, contractor/electrician/engineer/etc., financial advisor, or the appropriate professional for the subject you would like help with. Linked items may create a financial benefit for our company.

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Canada just SHOCKED the world with this move in front of WW2 veterans | Redacted with Clayton Morris

Neocons are saying that the war in Ukraine will be a "forever war" but analysts say that it is all but over. Seymour Hersh says that Ukrainians are ready for mutiny to stop being led to their death. Is that true? Former weapons inspector Scott Ritter joins us to discuss. 

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About Clayton and Natali Morris:
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