Miguel Pinto Fraga

🌟 Weekly Crypto Highlights 🌟 1️⃣ WazirX Hacked: Indian crypto exchange WazirX reportedly lost $234.9M in a hack involving suspicious multisig wallet transactions. 2️⃣ Crypto Politics Debate: Cardano’s Charles Hoskinson claims a vote for Biden could harm the US crypto industry, countering Vitalik Buterin’s stance on political leaders. 3️⃣ FTX Settlement: FTX and CFTC reach a $12.7B settlement to compensate customers and creditors, with a hearing set for August 6. 4️⃣ PIXIFI Surge: Pixelverse’s PIXIFI token rose nearly 50% after an airdrop to NFT holders, following the launch of its cyberpunk minigame on Telegram. #CryptoNews #Blockchain #WazirX #Cardano #FTX #Pixelverse #CryptoIndustry #MarketHighlights 📈 Follow VAR META for more updates!

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Top 10 Trending Cryptocurrencies of the Week SPX6900 => $SPX Degen => $DEGEN Cetus Protocol => $CETUS Hacken => $HAI Sui => $SUI Bittensor => $TAO Ethereum => $ETH Solana => $SOL Aerodrome => $AERO Pepe => $PEPE Check out http://cryptolenz.com for more insights. #Cryptolenz #Crypto #Cryptocurrency #CryptoNews #CryptoCoins #Ethereum #Solana #SPX #DEGEN #Cetus #Hacken #SUI #PEPE

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🗳️ 𝗧𝗵𝗲 𝟮𝟬𝟮𝟰 𝗨.𝗦. 𝗣𝗿𝗲𝘀𝗶𝗱𝗲𝗻𝘁𝗶𝗮𝗹 𝗘𝗹𝗲𝗰𝘁𝗶𝗼𝗻 𝗶𝘀 𝗽𝗼𝗶𝘀𝗲𝗱 𝘁𝗼 𝗵𝗮𝘃𝗲 𝗮 𝘀𝗶𝗴𝗻𝗶𝗳𝗶𝗰𝗮𝗻𝘁 𝗶𝗺𝗽𝗮𝗰𝘁 𝗼𝗻 𝗰𝗿𝘆𝗽𝘁𝗼𝗰𝘂𝗿𝗿𝗲𝗻𝗰𝘆 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻. The two main candidates, Donald Trump and Kamala Harris, have contrasting views. 𝗧𝗿𝘂𝗺𝗽 𝗵𝗮𝘀 𝗽𝗼𝘀𝗶𝘁𝗶𝗼𝗻𝗲𝗱 𝗵𝗶𝗺𝘀𝗲𝗹𝗳 𝗮𝘀 𝗮 𝗽𝗿𝗼-𝗰𝗿𝘆𝗽𝘁𝗼 𝗰𝗮𝗻𝗱𝗶𝗱𝗮𝘁𝗲, advocating for policies integrating Bitcoin into the U.S. strategic reserves and promoting "light-touch" regulation. On the other hand, 𝘁𝗵𝗲 𝗕𝗶𝗱𝗲𝗻-𝗛𝗮𝗿𝗿𝗶𝘀 𝗮𝗱𝗺𝗶𝗻𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗵𝗮𝘀 𝗯𝗲𝗲𝗻 𝗽𝗲𝗿𝗰𝗲𝗶𝘃𝗲𝗱 𝗮𝘀 𝗺𝗼𝗿𝗲 𝘀𝗸𝗲𝗽𝘁𝗶𝗰𝗮𝗹 𝗼𝗳 𝗰𝗿𝘆𝗽𝘁𝗼𝗰𝘂𝗿𝗿𝗲𝗻𝗰𝗶𝗲𝘀, with Harris yet to distance herself from the current administration's stance. The election's outcome could shape the future of the crypto market, influencing investor confidence and regulatory clarity. 𝗔 𝗧𝗿𝘂𝗺𝗽 𝘃𝗶𝗰𝘁𝗼𝗿𝘆 𝗺𝗶𝗴𝗵𝘁 𝗹𝗲𝗮𝗱 𝘁𝗼 𝗮 𝘀𝗵𝗶𝗳𝘁 𝘁𝗼𝘄𝗮𝗿𝗱𝘀 𝘂𝘁𝗶𝗹𝗶𝘁𝘆-𝗱𝗿𝗶𝘃𝗲𝗻 𝗮𝗹𝘁𝗰𝗼𝗶𝗻𝘀, 𝘄𝗵𝗶𝗹𝗲 𝗮 𝗛𝗮𝗿𝗿𝗶𝘀 𝘄𝗶𝗻 𝗰𝗼𝘂𝗹𝗱 𝗺𝗮𝗶𝗻𝘁𝗮𝗶𝗻 𝘁𝗵𝗲 𝗰𝘂𝗿𝗿𝗲𝗻𝘁 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝘀𝗰𝗿𝘂𝘁𝗶𝗻𝘆, 𝗽𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹𝗹𝘆 𝘀𝘁𝗲𝗲𝗿𝗶𝗻𝗴 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝘁𝗼𝘄𝗮𝗿𝗱𝘀 𝗺𝗼𝗿𝗲 𝘀𝗽𝗲𝗰𝘂𝗹𝗮𝘁𝗶𝘃𝗲 𝗽𝗹𝗮𝘆𝘀. The stakes are high for the crypto industry, 𝘄𝗶𝘁𝗵 𝗺𝗮𝗻𝘆 𝘁𝗿𝗮𝗱𝗲𝗿𝘀 𝗽𝗿𝗲𝗽𝗮𝗿𝗶𝗻𝗴 𝗳𝗼𝗿 𝘃𝗮𝗿𝗶𝗼𝘂𝘀 𝘀𝗰𝗲𝗻𝗮𝗿𝗶𝗼𝘀 𝗯𝗮𝘀𝗲𝗱 𝗼𝗻 𝘁𝗵𝗲 𝗲𝗹𝗲𝗰𝘁𝗶𝗼𝗻 𝗿𝗲𝘀𝘂𝗹𝘁𝘀. The industry's influence on the election is also notable, with significant financial contributions supporting pro-crypto candidates. This election underscores the growing importance of cryptocurrency in the political landscape and its potential to shape the future of digital finance. 𝘚𝘰𝘶𝘳𝘤𝘦 𝘧𝘳𝘰𝘮 CoinDesk: 𝘩𝘵𝘵𝘱𝘴://𝘴𝘩𝘰𝘳𝘵𝘶𝘳𝘭.𝘢𝘵/𝘫5𝘭𝘊𝘑 #GMMGNews #Coindesk #USElection2024 #Election2024

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Binance Fined $2.25 Million in India: Regulatory Compliance Under Scrutiny Binance has recently faced regulatory challenges in India, culminating in a hefty fine of 88.2 million rupees ($2.25 million) from the Financial Intelligence Unit (FIU). This penalty was imposed for allegedly allowing Indian residents access to its services without adhering to anti-money laundering (AML) regulations. Binance's Regulatory Hurdles Earlier this year, Indian regulators removed Binance and several other foreign crypto exchanges from operation for non-compliance. In May, Binance, along with KuCoin Exchange, secured conditional approval from the FIU, which required them to pay a penalty following a thorough review. In their announcement, the FIU stated, “After considering the written and oral submissions of Binance, the Director, FIU-IND, based on the material available on record, found that the charges against Binance were substantiated.” A Binance spokesperson responded, "We are grateful to have the opportunity to continue our mission to serve the vibrant Indian crypto community. We wish to work with the FIU as a reporting entity and we are enthusiastic about reentering the Indian market to contribute positively, should we be able to do so shortly. We remain dedicated to maintaining transparency, fostering cooperation, and ensuring compliance with regulatory authorities." Further Regulatory Concerns The FIU's fine highlights several alleged violations by Binance, including failing to maintain and submit transaction records and not providing necessary information to authorities as required. This isn't the first time Binance has faced regulatory penalties. Just last month, Canada's Financial Transactions and Reports Analysis Centre (FINTRAC) imposed a $4.4 million penalty for similar compliance failures. Stay Informed and Cautious As the crypto landscape continues to evolve, regulatory compliance remains a critical area for all exchanges. Investors and users should stay informed about these developments and ensure they are dealing with compliant platforms.

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How to Use Bollinger Bands in Trading **How to Use Bollinger Bands in Trading** Bollinger Bands are a popular technical analysis tool used by traders to assess market volatility and identify potential trading opportunities. Developed by John Bollinger in the 1980s, these bands consist of three lines: a simple moving average (SMA) in the middle, and two standard deviation lines above and below the SMA. Here's how you can effectively use Bollinger Bands in trading: 1. **Understanding the Components:** - **Middle Band:** This is typically a 20-day SMA, which represents the average price over a set period. - **Upper and Lower Bands:** These are placed two standard deviations away from the middle band. The distance between these bands expands and contracts with volatility. 2. **Interpreting Bollinger Bands:** - When prices move close to the upper band, the market is considered overbought, signaling a potential sell opportunity. - When prices approach the lower band, the market is deemed oversold, indicating a potential buy opportunity. 3. **Trading Strategies:** - **Trend Identification:** In an uptrend, prices often hit the upper band repeatedly. Conversely, in a downtrend, they tend to touch the lower band. - **Breakouts:** A breakout above the upper band or below the lower band can signal the start of a new trend. - **Squeeze:** A squeeze occurs when the bands come very close together, suggesting a period of low volatility and the potential for a breakout. 4. **Combining with Other Indicators:** - **RSI (Relative Strength Index):** Use RSI to confirm overbought or oversold conditions indicated by Bollinger Bands. - **MACD (Moving Average Convergence Divergence):** MACD can help confirm trend reversals signaled by Bollinger Band breakouts. 5. **Risk Management:** - Always use stop-loss orders to protect against unexpected market movements. - Adjust position sizes based on volatility and your risk tolerance. Incorporating Bollinger Bands into your trading strategy can provide valuable insights into market dynamics, helping you make more informed trading decisions.

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Top Features of Algorithmic Trading Software Algorithm trading is a concept that employs advanced mathematical tools to facilitate and forecast transaction decisions in the financial trading markets. In this trading system, you use algorithmic trading software to do the trading, and the decision-making timings are swift as the requirement for human intervention is removed. https://lnkd.in/gw8tUACe #Algorithmtrading #mathematicaltools #Fintech #financialtrading #tradingsystem #algorithmicsystem #algorithmicsoftware #instruments #MarketAnalysis #ordermanagement #algorithmictrading #tradingtools #AutomatedTrading #TradingSoftware #TradingAlgorithms Wikipedia, the Free Encyclopedia Tickblaze AlgoTraders QuantConnect TradeStation

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🔍 The Basics of DeFi: What It Is and Why It Matters 🔍 Decentralized Finance (DeFi) is transforming traditional finance. But what is it exactly? Here’s a breakdown of DeFi’s fundamentals and impact. 🚀 What is DeFi? DeFi refers to financial applications built on blockchain, primarily Ethereum, that operate without traditional financial intermediaries. Unlike centralized finance, DeFi is: Decentralized: Managed by a network of users, not a central authority. Permissionless: Accessible to anyone with internet—no approvals required. Transparent: Transactions are recorded publicly, ensuring visibility. Programmable: Smart contracts automate terms of agreements, reducing middlemen and errors. DeFi enables users to lend, borrow, trade, and earn interest on crypto assets without banks, all using blockchain technology. 💡 How Does DeFi Work? DeFi platforms (DApps) use smart contracts to create secure, transparent transactions. These are self-executing agreements that remove intermediaries when conditions are met. Popular DeFi functions include: Lending/Borrowing: Users can lend or borrow crypto on platforms like Compound and Aave. Trading: Decentralized exchanges (DEXs) like Uniswap allow peer-to-peer trades via smart contracts. Yield Farming: Users stake assets to earn rewards by providing liquidity to DeFi protocols. 🔑 Key Features of DeFi: Open Access: Globally accessible, requiring no bank accounts or credit checks. Transparency and Security: Blockchain ensures visible transactions, though smart contract security can be a risk. Interoperability: Many DeFi apps integrate, enabling seamless movement of assets across platforms. 🌍 Why DeFi Matters DeFi introduces new, decentralized financial management that’s transparent and accessible. Key impacts include: Financial Inclusion: Anyone with internet can participate, even in areas without banks. Efficiency and Innovation: Smart contracts remove intermediaries, making transactions faster and cheaper. Empowerment: Users control their assets and data, reducing reliance on third parties. 🚨 Risks to Consider While DeFi holds great promise, it’s not risk-free: Smart Contract Vulnerabilities: Bugs or flaws in code can lead to loss of funds. Regulatory Uncertainty: Many areas lack clear DeFi regulations. Market Volatility: DeFi investments, like all crypto assets, are prone to price swings. 🔮 The Future of DeFi Though DeFi is in its early days, its growth suggests potential. Innovations like Real-World Assets (RWAs) bring real-world value to DeFi, bridging digital and physical finance. As DeFi matures, expect more regulation, security, and mainstream adoption. For enthusiasts, investors, or newcomers, DeFi offers an exciting financial frontier, creating a more accessible, transparent, and efficient system worldwide. As always, research thoroughly and understand risks before diving in. #DeFi #DecentralizedFinance #Blockchain #Crypto #Fintech #Innovation

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𝗦𝗵𝗼𝘂𝗹𝗱 𝘆𝗼𝘂 𝘁𝗿𝘂𝘀𝘁 𝗰𝗲𝗹𝗲𝗯𝗿𝗶𝘁𝘆 𝗰𝗿𝘆𝗽𝘁𝗼 𝗲𝗻𝗱𝗼𝗿𝘀𝗲𝗺𝗲𝗻𝘁𝘀? 𝘓𝘰𝘨𝘢𝘯 𝘗𝘢𝘶𝘭 𝘱𝘳𝘰𝘮𝘰𝘵𝘦𝘥 𝘌𝘭𝘰𝘯𝘨𝘢𝘵𝘦, 𝘢 𝘥𝘪𝘨𝘪𝘵𝘢𝘭 𝘵𝘰𝘬𝘦𝘯 𝘵𝘩𝘢𝘵 𝘴𝘰𝘢𝘳𝘦𝘥 𝘪𝘯 𝘷𝘢𝘭𝘶𝘦 𝘣𝘦𝘧𝘰𝘳𝘦 𝘲𝘶𝘪𝘤𝘬𝘭𝘺 𝘤𝘳𝘢𝘴𝘩𝘪𝘯𝘨 As the crypto market booms, more celebrities and social media personalities endorse tokens and coins—but not without controversy. These endorsements often spark a mix of excitement and skepticism. On one hand, prominent figures help amplify awareness of digital assets and the broader web3 space. On the other, some have been linked to pump-and-dump schemes—a form of market manipulation where the value of a token is artificially inflated, only for insiders to sell it off, leaving unsuspecting investors to bear dramatic losses. Read more, link in first comment 👇 THE CRYPTO RADIO | #Crypto | #Blockchain | #CryptoInfluencers | #NFT | written by Joanna Buenconsejo, RPm

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