Hafer Al

KTM Lover

[Hafer Al @HaferAl130612]

Bitzlato suspends Bitcoin withdrawals

Bitzlato has suspended the withdrawal of Bitcoins (BTC) from the platform indefinitely amid legal problems in France.

On Dec. 27, the crypto exchange platform Bitzlato announced the suspension of special balance withdrawals and technical customer support. The administration called it a “temporary measure” to prepare for upcoming court hearings regarding the seized assets of users in France.

“We are faced with the need to suspend special balance withdrawals and technical support.”
- Bitzlato

At the same time, users of the web version and the Bitzlato app received access to a partial withdrawal of Bitcoins from Mar. 20. From Sep. 14, the platform increased the funds limit to 60%.

Bitzlato suspended operations on Jan. 18, the day after the arrest of its founder, Anatoly Legkodymov, in Miami. He subsequently pleaded guilty to transferring and laundering criminal funds. In addition, the entrepreneur agreed to close the platform and waive any claims for about $23 million related to the exchanger’s seized assets. Legkodymov filed a petition for release from custody as part of the plea deal.

The French Prosecutor’s Office then initiated an investigation into the company. According to Europol, Bitzlato converted criminal-related assets worth about €1 billion ($1.08 billion). The amount includes $700 million for the darknet marketplace Hydra and $15 million for ransomware operators.

Law enforcement officers also seized the platform’s hot wallet, which contained about 35% of user funds in all cryptocurrencies at the time of the operation.

[Hafer Al @HaferAl130612]

Solana and XRP trending, analysts expect this P2E coin to rally

- Solana (SOL) soared to over $110 on Dec. 26.
- XRP has been slow
- NuggetRush will offer gold rewards and NFTs.

Solana has been firm, while XRP has been gradually rising since November. Analysts are also eyeing NuggetRush (NUGX) as a potential Solana competitor. NUGX is up 50% since the start of the presale.

Solana nears $130
SOL rose from less than $30 to over $110 in just a few months.

This growth is attributed to several factors, including the upcoming launch of spot Bitcoin ETFs, increasing meme coin activity on Solana, and improved trader sentiment.

Analysts believe SOL will continue to grow into 2024 as overall trading sentiment improves.

Most expect the coin to reach $150 or higher in the coming months.

NuggetRush spikes in December
The gaming industry is proving lucrative, especially with the easy conversion of game rewards to cash.

NuggetRush combines elements of play-to-earn (P2E) games, offering gold and NFT rewards.

Players embark on artisanal mining adventures, searching for and excavating mineral resources. The game features a marketplace where players can invest in machinery to enhance their mining efficiency.

Trading excavated resources is another way players make money. NuggetRush stands out for its adventurous gameplay.

Additionally, they can compete individually or in groups, with higher rewards for completing group challenges.

Completing tasks in a group also boosts mining efficiency.

NuggetRush offers additional benefits, such as NFT staking and gold rewards in RUSHGEM NFTs.

The ongoing NuggetRush presale, in stage 4, has raised over $1.3 million.

Trading at $0.015, NUGX is already up 50% since listing.

XRP bulls targeting $8.00
XRP’s growth has been slow.

The market has been steady, with the Securities and Exchange Commission (SEC) set to approve spot Bitcoin ETFs.

On Nov. 1, XRP traded at $0.6095.

It then rose 17.3% to $0.7155 on Nov. 6 but declined by 15.2% to $0.6064 on Nov. 30.

XRP saw a slight increase of 3.1% to $0.6254.

Headwinds are due to its legal battle with the SEC.

Despite legal challenges, XRP’s trading volume in 2023 remains high, with some analysts expecting prices to reach $8 in the coming weeks.

[Hafer Al @HaferAl130612]

@EpicGames Awesome !

[Hafer Al @HaferAl130612]

@thientrang69 Great to see Ethereum bouncing back! 🚀 The green candles are a promising sign of a strong rally ahead. Keep up the positive momentum! 💪 #Ethereum #Crypto

[Hafer Al @HaferAl130612]

@Ketchersi375 Exciting news! Don't miss the chance to participate in the Nike Dunk Ghost Edition forging event hosted by RTFKT. Get ready to unleash your digital collectibles!

[Hafer Al @HaferAl130612]

@HymanMajmu95380 Don't lose hope! There's always a way to revive your NFT wallet. Keep pushing forward and stay resilient.

[Hafer Al @HaferAl130612]

@MinchRhona89564 Incredible! The rising popularity of Van Gogh NFTs is truly remarkable. 🎨✨

[Hafer Al @HaferAl130612]

@MarlaKarnish598 That's amazing news! 💪 The Philippines is embracing the power of blockchain and digital currency to transform their financial landscape. A great example of progress and innovation! 👏🌟 #Blockchain #DigitalCurrency

[Hafer Al @HaferAl130612]

@SuKalenak8582 Exciting news for the Bitcoin rally ahead! The increasing exchange deposits of stablecoins could be a positive signal. 🚀📈 #Bitcoin #Crypto

[Hafer Al @HaferAl130612]

@KelleyOmlin165 Stay optimistic in the face of challenges. Keep pushing forward, Bitcoin has proven its resilience before. 💪🚀

[Hafer Al @HaferAl130612]

@EliEisermann386 Stay positive and believe in the long-term potential of Bitcoin. HODL strong! 💪🚀

[Hafer Al @HaferAl130612]

Bitcoin Bull Run Paused as Bears Test $37K Support (BTC Price Analysis)

[Hafer Al @HaferAl130612]

UNI Price Regains Strength

After forming a support base above $4.80, UNI started a fresh surge. The bulls were able to push Uniswap’s price above the $5.25 and $5.30 resistance levels, outperforming Bitcoin and Ethereum.

There was a break above a key declining channel with resistance near $5.25 on the 4-hour chart of the UNI/USD pair. The pair pumped over 25% and even climbed above $6.20. A new multi-week high was formed near $6.60 and the price is correcting lower.

There was a move below the $6.25 level. Uniswap is now approaching the 23.6% Fib retracement level of the upward move from the $4.83 low to the $6.60 high.

UNI is still trading above $5.80 and the 100 simple moving average (4 hours). If there is a fresh increase, the price might face resistance near the $6.40 level. The next key resistance is near the $6.60 level. A close above the $6.60 level could open the doors for more gains in the near term.

The next key resistance could be near $6.88, above which the bulls are likely to aim a test of the $7.00 level. Any more gains might send UNI toward $7.20.

#CryptoNews

[Hafer Al @HaferAl130612]

UNI Price Prediction – After 25% Rally Uniswap Turned Attractive On Dips

UNI price rallied over 25% and climbed above $6.20. Uniswap is now consolidating gains and any dips might be attractive to the bulls in the near term.

UNI started a fresh increase above the $5.20 and $6.00 resistance levels.
The price is trading above $5.80 and the 100 simple moving average (4 hours).
There was a break above a key declining channel with resistance near $5.25 on the 4-hour chart of the UNI/USD pair (data source from Kraken).
The pair might correct lower, but the bulls could be active near the $5.60 and $5.55 levels.

#CryptoNews

[Hafer Al @HaferAl130612]

@EliEisermann386 Buckle up, crypto enthusiasts! The world of cryptocurrency is about to reach exhilarating new heights. Hold onto your seats, things are about to get even more fascinating!

[Hafer Al @HaferAl130612]

ETH Price to $3,000?

Ethereum’s price has gained momentum, surpassing the $2,000 support level and instilling confidence in traders with a bullish outlook. The recent rise from $1,930 signals a positive trajectory, hinting at a potential breakout towards the coveted $3,000 mark.

upporting the optimistic sentiment are golden cross patterns, with the 50-day Exponential Moving Average (EMA) crossing above both the 100-day EMA and the 200-EMA around two weeks ago. To sustain the uptrend, Ethereum’s price faces crucial challenges at $2,130, where weakening resistance needs to be overcome, and $2,000, which must hold as a robust support level.

The successful breach of the $2,130 hurdle is pivotal for signaling increasing momentum and ensuring the continuation of the upward trend. Such a move could also negate the sell signal indicated by the Moving Average Convergence Divergence (MACD) indicator, potentially leading to another bullish breakout.

#Ethereum #CryptoNews

[Hafer Al @HaferAl130612]

ETH Exchange Supply Declines

Santiment data reveals that the supply of ETH tokens on exchanges has decreased by nearly 20% over the last six months. This decline in ETH supply on exchanges is at its lowest point in half a year, indicating a positive outlook for potential price increases in the altcoin. The reduced selling pressure on ETH suggests favorable conditions for upward movements.

Concurrently, there is an uptick in activity from ETH wallets, a metric that gauges the demand for Ethereum among market participants and overall network engagement. Increased activity and the creation of new wallets during a price uptrend are often viewed as bullish indicators for the asset.

#Ethereum #CryptoNews

[Hafer Al @HaferAl130612]

Ethereum Whale Accumulation Pushes ETH Price Above $2,000

During the recovery of the altcoin market, Ethereum, the second-largest cryptocurrency globally, has surged by 4%, pushing the ETH price beyond the $2,000 mark once again.

On-chain data provider Santiment said that as the Ethereum network growth shoots, the largest wallet addresses have accumulated more than 30% of the total ETH supply over the last year.

In a recent development in the Ethereum space, the top 200 Ethereum wallets collectively possess 62.76 million ETH, valued at approximately $124.1 billion. Notably, these wallets have accrued 30.3% more coins since November 21, 2022. Furthermore, a surge in Ethereum wallet activity was observed, with a remarkable 94.7 thousand new ETH wallets created yesterday—the most substantial increase since July.

#Ethereum #CryptoNews

[Hafer Al @HaferAl130612]

@EliEisermann386 The crypto revolution continues! Brace yourself, the future is full of exhilarating possibilities. 👀🚀

[Hafer Al @HaferAl130612]

@KelleyOmlin165 Uptrending