Standard Chartered said Bitcoin (BTC) could surpass $100,000 within a year due to the faster-than-expected launch of exchange-traded funds (ETFs).In a research note published on November 28 cited by sources including Business Insider, the banking giant doubled down on its bullish BTC price target.Standard Chartered still expects a six-figure BTC price.According to Standard Chartered’s latest forecast, Bitcoin will trade in six figures by the end of 2024.Thanks to the US potentially approving a Bitcoin spot price ETF, BTC/USD has the ability to nearly triple from its current $37,700 over the next 12 months.“We now expect more price upside to be…
Author: Crypto Flexs
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Chainlink’s LINK price remains within the $5.75 support area. A break out of the $6.25 resistance area could start a new rally for the price. Chainlink token price is showing positive signs above $6.0 against the US dollar. The price is trading near the $6.05 level and above the 100 simple moving average (4-hours). There is a major bearish trendline forming on the 4-hours chart of the LINK/USD pair with resistance near $6.10 (data source from Kraken). The price may gain bullish momentum above the $6.25 resistance zone. Chainlink (LINK) Price Eyes Fresh Recovery After the significant decline, LINK price…
TL;DRA VPN enhances your online privacy (although it cannot provide complete privacy).A VPN hides your location from the websites you visit and hides the websites you visit from your ISP. Even if you use a VPN, you need to protect yourself from malware and other online threats.We do not recommend using free VPNs from commercial companies.VPNs offer a compromise between speed and convenience.Some governments take steps to block VPN use.Your VPN provider may be hacked or subpoenaed. What is a VPN? A virtual private network (VPN) is software that encrypts your online data and transmits it through another computer, making…
Posted 1 minute ago In ~ Swiss cryptocurrency bank SEBA Bank AG today announced its rebranding to AMINA Bank AG.The cryptocurrency company, based in Zug, Switzerland, has been authorized by FINMA to provide banking services since 2019.AMINA said the rebrand marks a new chapter for the company, adding that the name itself comes from the term “transamination,” the transfer of one chemical compound to another.“Our brand marks a new era in our company’s growth and strategy. We are a key player in cryptocurrency banking and are here to define the future of finance. “Our customer-centric approach and years of work…
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The cryptocurrency industry has now seen its most “damaging” month for cryptocurrency theft, fraud and abuse, with cryptocurrency criminals embezzling $363 million in November, according to the blockchain security firm.CertiK said in a November 30 post on It was revealed.#CertiKStatsAlertCombining all incidents in November, approximately $363 million was lost due to exploits, hacks, and fraud.This makes November the costliest month of the yearExit fraud was ~$1.1 million.The flash loan was approximately $45.5 million.The value of the exploit was ~$316.4 million.See below for details pic.twitter.com/QoDy6d8IJH— CertiK Alert (@CertiKAlert) November 30, 2023 The largest attacks in November occurred on Poloniex and HTX/Heco…
A class action lawsuit filed in Florida on Thursday seeks international soccer star Cristiano Ronaldo to pay more than $1 billion in damages for his role in promoting cryptocurrency exchange Binance.The lawsuit alleges that Binance sold unregistered securities in the U.S. and operated illegally. Ronaldo claims to have used his celebrity to promote investments and drive traffic and investors to the platform.“Nationally binding laws regarding mass promotion of cryptocurrencies and unregistered securities have recently been clarified and repealed,” Adam Moskowitz, an attorney for the plaintiffs, wrote. He said that under the new standards, “promoters such as Cristiano Ronaldo who have…
Cardano (ADA) started a new rise above the $0.30 resistance level. ADA is outperforming Bitcoin and could target a move towards $0.35 resistance. The price of ADA regained strength, surpassing the $0.265 and $0.280 levels against the US dollar. The price is trading above $0.30 and the 100 simple moving average (4-hours). On the 4-hours chart of the ADA/USD pair, there is a major bullish trend line forming with support near $0.3050 (data source from Kraken). The pair needs to stay above the $0.308 support to start a new rally in the near term. Cardano price is showing signs of…
Weekly Update #31November 30, 2023password trackingMark Collins & Demetrius TSEASregulation:NYDFS Announces New Guidelines for Cryptocurrency Listings: November 15, New York State Treasury serviceGeneral services including non-profits, forums, news sheets…See more (NYDFS) issued guidanceSetting new enhanced standards for listing and delisting virtual currency coins for all virtual currency (VC) businesses under “BitLicense”. Under previous guidance, a VC entity that previously had an approved coin listing policy may not self-certify any coins until it has submitted to the Department and received approval a coin listing policy that meets the standards in section (A). We have an approved coin destruction policy that complies…