MLM Network Zone

The U.S. subsidiary of the world’s largest crypto exchange, Binance, announced it has resolved the issues with U.S. dollar (USD) withdrawals. The trading platform, which recently averted an asset freeze sought by the United States Securities and Exchange Commission (SEC), informed customers, however, that withdrawal services are likely to be discontinued again. Binance US May Convert Remaining USD Balances to USDT in the Future The American unit of the leading global digital asset exchange announced it has worked with partners to resolve almost all delayed USD withdrawals. Binance US advised users to resubmit previously failed withdrawal requests and said most will be completed within five business days. At the same time, the crypto trading platform explained that currently its systems remain fully operational but noted it expects its banking partners to discontinue the USD withdrawal service in the near future and suggested: While we continue to pursue new partners to re-estab...

Betting $1 million that the bitcoin price would hit $1 million by June 17, 2023, Balaji Srinivasan raised questions about his convictions. bit.ly/3f7o14k http://dlvr.it/Sr67XF

Licensed since last year, the world’s largest digital asset exchange, Binance, has now launched a trading platform in Kazakhstan. The move comes amid increased pressure from regulators in other jurisdictions, like the U.S., and after Binance’s decision to pull out of several European markets. Global Leader Binance Sets Up Licensed Exchange in Kazakhstan Amid Euro Exit, U.S. Crackdown The leading platform for coin trading in the world, Binance, announced the launch of a cryptocurrency exchange in Kazakhstan. The exchange will offer users in the Central Asian nation exchange and conversion services, deposits and withdrawals of fiat money, and custody of crypto assets, a press release detailed on Wednesday. Binance was licensed to operate in Kazakhstan in October, 2022. The authorization, granted by the Astana Financial Services Authority (AFSA), allows it run a digital asset platform and provide custodial services at the Astana International Financial Center ( AIFC ), the country’s ...

News of regulatory enforcement against the crypto sector fell by the wayside as the Bitcoin price rallied above $30,000, and options data suggests the trend will continue. from Cointelegraph.com News https://ift.tt/meDg5td via IFTTT

Bitcoin touches $30,000 and is back on everyone’s radar. Find out what is driving the price forward on this week’s episode of Market Talks. from Cointelegraph.com News https://ift.tt/BxzylMk via IFTTT

With 13.15 million ordinal inscriptions on the Bitcoin blockchain, demand has continued to keep network transfer fees high, as the average fee to transact onchain is 0.00012 BTC or $3.54 per transaction. Moreover, since June 18, 2023, average fees on the Bitcoin blockchain have increased by more than 92%, rising from $1.84 to the current transfer cost. Bitcoin Fees Rise While Backlog of Unconfirmed Transfers Remain Bitcoin fees have increased by 92% over the past four days, as reported by bitinfocharts.com on June 22, 2023. According to data from bitinfocharts.com, average fees have remained above the $1 threshold since April 23, approximately 60 days ago. On May 8, the average fee reached a 2023 high of $31 per transaction. The surge in fees can be attributed to frequent financial transfers broadcasted across the chain and the influx of Ordinal inscriptions, which have resulted in an increased transfer count. Median-sized transfer fees have also risen, and as of press time, bit...

After proposing a single ledger CBDC payment system, the International Monetary Fund reported on the regulation and use of digital currencies in Latin America and the Caribbean. from Cointelegraph.com News https://ift.tt/t5RwoJK via IFTTT

Bitcoin Twitter is rife with text and memes that appeal to fear, greed and other emotions. A little awareness can help you navigate it. bit.ly/3f7o14k http://dlvr.it/Sr3Fn8

The cryptocurrency fund manager is at least the fourth to seek a BTC spot ETF listing in the last week; Fidelity is rumored to be preparing to apply, too. from Cointelegraph.com News https://ift.tt/1hIADgP via IFTTT

Central banks, particularly those in emerging economies, are ramping up their gold reserves in preparation for a new monetary regime, signaling a potential loss of reserve currency status for the U.S. dollar, according to the investment management firm Goehring & Rozencwajg. The company’s managing partner Leigh Goehring explained in a recent interview that gold will play a crucial role as a settlement mechanism. Goehring & Rozencwajg Predicts Gold ‘Will Blow Through’ $2K Thanks to Central Bank Demand On Wednesday, June 21, 2023, digital currency markets have risen by 6.98% over the last 24 hours, but precious metal markets have been lackluster. Gold is hovering just above the $1,930 range, while silver is coasting along under $23. Leigh Goehring, a partner from the investment management firm Goehring & Rozencwajg, believes gold could reach the $2,100 per unit range this year. Goehring shared his forecast with Kitco News, explaining that a new monetary regime is formin...