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Bitcoin found support at $25k (again) YTD performance remains impressive A dovish Fed may trigger even more strength Cryptocurrency investors may have been disappointed by the lack of volatility during the summer months—after all, Bitcoin, the leading cryptocurrency, only consolidated levels.  But one should keep in mind that Bitcoin rallied strongly in 2023. It returned over 61% in the trading year, and the bias remains bullish.  The bullish perspective is even more obvious if one looks at the yearly returns of Bitcoin. Since 2010, only in three years did Bitcoin deliver negative returns.  Buying the dip seems to have worked every time, even though the dips were quite scary.  Will the Fed’s decision boost Bitcoin? Tomorrow, the Federal Reserve of the United States (Fed) is expected to hold the funds rate steady. As always, the details in the FOMC Statement and the press conference will move markets.  Higher inflat...

Senator Elizabeth Warren’s bipartisan crypto anti-money laundering bill has gained backing from 9 more senators, including notable committee chairs. According to the press release on Warren’s official webpage on Sept. 15, the bill has won the support of key political figures such as the chair of homeland security, Gary Peters, and judiciary chair, Dick Durbin, alongside senator s Tina Smith, Angus King, Michael Bennet, Bob Casey, Catherine Cortez Masto, Jeanne Shaheen, and Richard Blumenthal. This development takes the total count of senators backing the bill to twelve, with senator Roger Marshall leading as the co-sponsor. Senators Joe Manchin and Lindsey Graham are also among the lawmakers supporting this initiative. Warren expressed her gratitude towards the growing group of support ers, noting: “The increasing support indicates that the Congress is prepared to act. Our cross-party bill is currently the sternest proposal, aiming to curb the unlawful use of cr...

Binance Support account repeatedly claimed on X that the company had suspended EUR transfer s until further notice. In an Aug. 21 tweet, Binance’s customer support wrote that direct bank transfer for EUR currency is in maintenance. Still, card-based deposits and withdrawals still work, as well as the peer-to-peer system. Hello there, Please be informed that currently, direct bank transfer for EUR currency is in maintenance. However, you still can try to use card deposit/withdrawal from here: https://t.co/EDd2bXuELY Also, you can try our "buy crypto with card" option from here:… — Binance Customer Support (@BinanceHelpDesk) August 21, 2023 A different tweet also clearly states that SEPA transfer s are suspended on the platform, and there is “no fixed schedule for it to be resumed.” Hi Jayjay! SEPA deposit/withdrawal is currently unavailable and we have no fixed schedule for it to be resumed. As we're working on alternative options, meanwhile,...

Only selected ERC-721 collections in the Polygon network are currently available on the Binance NFT marketplace. Binance NFT, the nonfungible token (NFT) arm of crypto exchange Binance, has announced that the Polygon network has been included in its supported blockchains within the marketplace.  According to the announcement, the move further expands the NFT ecosystem within the Binance community. With the new integration, users of the Binance NFT marketplace can trade NFTs on various blockchains like Ethereum, BNB Smart Chain and Polygon using their Binance accounts.  We’ve now added support for Polygon on the # Binance NFT Marketplace! Users can now buy, sell, deposit and withdraw NFTs on the Polygon network Find out how to get started ️ — Binance NFT (@TheBinanceNFT) March 8, 2023 Despite the announcement, Binance is still keeping a strict approach to its NFT listings. Within the announcement, the NFT marketplace highlighted that not all NFT collections would be available at t...