Crypto News Archive - Seite 1100 von 1900 - Finanzmittel Info + Krypto + Geld + Gold

30. Mai 2023

bitFlyer restricts crypto transfers to comply with the Travel Rule

bitFlyer announced the Travel Rule restrictions will apply to TRUST-compatible exchanges across 21 countries.
The exchange will also only allow transactions for TRUST-compatible cryptocurrencies, which include Bitcoin, Ethereum and some ERC-20 tokens.
Crypto transfers in Japan can only be made to and from Coincheck, the country’s other TRUST-compatible exchange.

Japan-based cryptocurrency exchange bitFlyer has announced restrictions to deposits and transfers as it seeks to implement new anti-money laundering (AML) measures put in place under the Financial Action Task Force’s (FATF) “Travel Rule.”

bitFlyer said in the notice to its users on Tuesday that the new measures are meant to ensure the exchange complies with the Travel Rule requirements.

Among these requirements is that crypto exchanges have to share information about their customers’ details whenever transactions are initiated to or from their platforms.

Restricted are transactions to or from platforms that do not comply with the Travel Rule. The restrictions on crypto deposits and transfers went into effect on Tuesday, 30 May 2023, the exchange noted.

Restrictions to TRUST-compatible platforms

Travel Rule Universal Solution Technology (TRUST) is a system that allows crypto platforms to work together in complying with the Travel Rule. The solution was spearheaded by Coinbase, a leading US-based cryptocurrency exchange.

As noted above, the Travel Rule requires that crypto exchanges share certain details of users sending crypto via their platform with the exchange receiving the transfer.

To ensure compliance, bitFlyer has therefore moved to restrict transactions to TRUST-compliant platforms across 21 countries, including Japan, Canada, South Korea, Singapore, Israel, Hong Kong, Germany and Switzerland.

The exchange also revealed crypto transfers are now restricted to TRUST-compatible cryptocurrencies, which include Bitcoin (BTC), Ethereum (ETH) and multiple ERC-20 tokens like Polygon (MATIC), Chainlink (LINK), Shiba Inu (SHIB) and Maker (MKR).

In Japan, bitFlyer will only support transactions to Coincheck. Currently, only BTC is the TRUST-compatible asset accepted until Coincheck completes its system development to support ERC-20 tokens.

bitFlyer’s decision follows Japan’s recent move to implement FATF’s tough anti-money laundering checks as defined in the travel rule. It also comes a few days after FATF urged G7 nations to work together in the battle against money laundering in the digital assets space.

As reported earlier this week, Binance has began the process of transitioning all its users in Japan to a new regulated plaform dubbed Binance Japan.

The post bitFlyer restricts crypto transfers to comply with the Travel Rule appeared first on CoinJournal.

30. Mai 2023

AltSignals (ASI) price prediction as presale surpasses $840k

Key takeaways

AltSignals has raised more than $840k in its presale.
The ASI token is going for $0.015 during the presale and could rally higher once it lists on exchanges.

The cryptocurrency market has been performing well since the start of the week. The prices of most coins and tokens are trading in the green zone. Indicating that the market sentiments have improved.

The rally comes thanks to the debt ceiling agreement in the United States. With Bitcoin and other cryptocurrencies performing well so far, it would be intriguing to look at the price prospects of tokens in presale like AltSignals.

AltSignals recently crossed a new threshold in its funding effort. The development team has raised more than $800,000 so far and could achieve its objective soon. With that possibility in mind, investors would be watching the project and see how its price would perform in the near term.

AltSignals token set to hit the desired milestone soon

Artificial intelligence (AI) is all the rave this year. Following the launch of ChatGPT and other AI products, more companies are leveraging AI to optimise their activities.

The cryptocurrency market is not left behind. AltSignals is one of the projects that is set to allow traders to leverage AI to boost their trading activities.

AltSignals is developing a suite of AI products designed for cryptocurrency traders. To achieve its goal, the development team has set a $1 million presale target. So far, AltSignals has raised $847,035 in its presale and is close to hitting its target. This means that it has raised 78% of its required funding.

ASI, the native token of the AltSignals ecosystem, is trading at $0.015 per token, making it very affordable to most investors. The token could probably experience a surge in price once the presale is over and it lists on decentralised and centralised crypto exchanges.

What is AltSignals?

AltSignals is an exciting project that could prove to be beneficial to cryptocurrency traders. Its impact could surpass the crypto space and affect forex, stock, commodities, and indices traders.

AltSignals is a trading platform that provides trading signals for cryptocurrencies, forex, indices, stocks, and commodities.

The team will use the funds it raised to develop ActualizeAI, a solution that could make it easier for people to trade cryptocurrencies and a few other asset classes.

According to its whitepaper, ActualizeAI will be fully automated and work 24/7, just like the cryptocurrency market. The solution could make it easier for traders to pinpoint e entry points in the market, execute more accurate trades, and take advantage of proper risk management strategies.

Holders of the ASI token would be granted access to the numerous services offered by AltSignals. The AI integrated within AltSignals’ will take advantage of other technologies like natural language processing, machine learning, regression, and predictive modeling to improve its services.

AltSignals will also include other exciting features like an AI members club, trading tournaments, community governance, and more. Following the end of the presale, ASI is expected to launch on exchanges like Uniswap.

The development team will also work on expanding the team, securing OTC partnerships, and introducing the sentiment analysis engine.

Visit the official AltSignals website to learn more about their presale.

AltSignals (ASI) price prediction

ASI is still in its presale stage, which means it is hard to accurately predict its price movement. At the moment, ASI is going for $0.015 in its presale.

However, based on history, ASI’s price could experience a price pump once the presale concludes.

One of the major factors behind a surge in the price of cryptocurrencies is when they list on crypto exchanges. ASI would be listed on Uniswap and a host of other crypto exchanges once the pre-sale is over. This could see ASI’s price record a massive surge.

Another reason to predict a surge in ASI’s price is the fundamentals of the broader crypto market. Since the start of the year, Bitcoin and other leading cryptocurrencies have rallied by at least 50%.

The crypto market is still down by more than 50% from the all-time high recorded in 2021. This implies that there is still room for recovery. ASI launching during this period could see it record massive gains as the broader crypto industry continues to recover from the bear market.

A third reason could be the utility of AltSignals. Cryptocurrency trading is a multi-billion dollar industry. There are thousands of traders in the cryptocurrency space, and a tool like AltSignals could gain wide adoption amongst the traders.

If AltSignals gains wide adoption, ASI could see its price explode in value over the next few months and years.

Is now a good time to buy AltSignals?

AltSignals is in its presale stage, and this could be an excellent time to invest in the project. If the team delivers on its promises, AltSignals could become a major project in the cryptocurrency trading space.

ASI could become a big winner in the crypto space if the broader cryptocurrency market continues its recovery and rally to a new all-time high.

The post AltSignals (ASI) price prediction as presale surpasses $840k appeared first on CoinJournal.

30. Mai 2023

Wintermute sells 2.651M Optimism tokens on Binance ahead of token unlock

386 million Optimism (OP) tokens will be unlocked on May 31,
Wintermute transferred 2.651 million OP tokens to Binance and later sold all the tokens.
The OP tokens were sold for $1.63 per token.

In what is seen as avoiding losses, the decentralized finance (DeFi) platform Wintermute transferred some of its Optimism (OP) tokens to a Binance crypto exchange wallet and sold the tokens ahead of the much-awaited OP token unlock.

Optimism is scheduled to release 386 million OP tokens worth about $587 million to early investors and contributors.

The unlocked tokens – 9% of the total OP supply

The unlocked tokens account for 9% of the total OP token supply and are expected to increase the token’s circulating supply by over 100%. That said, the sudden surge in supply is expected by many to cause a slight drop in OP price, which is probably the reason why Wintermute offloaded its OP tokens.

According to the on-chain analytics platform Spot on Chain, Wintermute accumulated 21.31 million OP tokens from Coinbase and Binance at an average price of $1.01. The DeFi protocol has already sold 5.9 million tokens for a total of $10.6 million leaving the protocol with 15.37 million OP tokens worth about $23 million.

Wintermute was one of the investors who took part in the Optimism Series B funding round which saw Optimism raise $150 million in addition to saving $1 billion in fees from Ethereum users.

Optimism recently announced the date for its “Bedrock” upgrade, which is expected to enhance the platform’s compatibility with the Ethereum network and reduce transaction fees.

The post Wintermute sells 2.651M Optimism tokens on Binance ahead of token unlock appeared first on CoinJournal.

30. Mai 2023

IOTA price taps 1-month high as Bitcoin retests $28k

IOTA price rose as high as $0.22 as Bitcoin retested $28k for the first time in weeks.
Ethereum price also rose on Tuesday, breaking above $1.9k as sentiment on US debt ceiling deal buoyed markets.
IOTA price is out of a descending triangle but needs to hold above $0.20 to maintain the upside advantage.

IOTA price rose as high as $0.22 on Tuesday as sentiment flipped positive for the Tangle token.

As of writing, the IOTA/USD pair was trading around $0.21 about 5% up in the past 24 hours and over 20% up in the past month. Indeed, IOTA’s gains over the past day had seen the token tap a one-month high, with the last time it traded above $0.22 being in mid-April.

IOTA gains as Bitcoin tests $28k

The gains for IOTA coincided with an uptick for Bitcoin price, with BTC surging to above $28k for the first time in nearly three weeks. The upside for the bellwether cryptocurrency happened amid a flip in investor sentiment across the broader market as the US struck a deal to raise its debt ceiling and avoid default.

Ethereum notched gains to above $1,900 and XRP broke above $0.50 as the community eyed the outcome of the Ripple vs. SEC case.

IOTA price outlook: What next for IOTA/USD?

The technical perspective for IOTA price shows a consecutive four-day bounce on the daily time frame. IOTA/USD has broken out of a descending triangle that had price restricted below $0.20.

But as can be seen on the chart below, the RSI has pierced the overbought line and indicates the potential for a retest of the trendline.

IOTA price daily chart. Source: TradingView

The robust horizontal hurdle near $0.23 is also key to bulls’ ambitions – break out here and they could target a 20% ride to $0.28.

While the MACD is positive and indicates momentum remains with the buyers, failure to turn $0.20 into support could welcome bears to target $0.17.

The post IOTA price taps 1-month high as Bitcoin retests $28k appeared first on CoinJournal.

30. Mai 2023

Tornado Cash price: no TORN boost even as deposits resume on major exchange

TORN price was down 3% and traded near $4.09.
Binance had on Monday announced it would be resuming TORN deposits.
The Tornado Cash DAO suffered a security breach as an attacker leveraged a malicious proposal to drain the treasury.

The price of Tornado Cash (TORN) was down more than 3% on Tuesday morning and traded around $4.09 over the 24-hour period. TORN’s price had lost more than 11% over the past week, with the value of the Ethereum-based mixing service’s native token having traded lower since May 20.

Binance’s resumption of TORN deposits

Tornado Cash price fell more than 50% (from highs of $7.16 to under $3.60 within 24 hours) on May 20 as the decentralized privacy solution’s DAO suffered a governance breach that saw an attacker drain it of millions of dollars’ worth of crypto.

As reported, the attacker used a malicious proposal to gain control over the Tornado Cash DAO and withdrew over 483,000 TORN tokens. They proceeded to swap the tokens into Ether (ETH), laundering 472 ETH.

The incident saw Binance halt TORN deposits on the Ethereum and BNB Smart Chain blockchains, citing the security breach. On Monday, the world’s leading crypto exchange announced it would be resuming deposits for TORN on both Ethereum and BNB Chain networks.

“As the proposal to restore the state of governance in the Tornado Cash (TORN) DAO has been passed and executed, Binance has resumed deposits for TORN via the Ethereum (ERC20) network and BNB Smart Chain (BEP20). Previously, TORN deposits via the Ethereum (ERC20) network and BNB Smart Chain (BEP20) were suspended at 2023-05-21 01:48:40 (UTC) due to the recent incident in the TORN DAO,” the exchange wrote in a blog announcement.

However, the exchange noted that it would be moving TORN into its Innovation Zone. Moving TORN into the Innovation Zone means Binance believes it still needs to closely monitor the token as further developments unfold.

The price of Tornado Cash fell more than double digits around the news release and despite some upside to $4.35, it remains weak. TORN/USD is down 36% over the past two weeks and almost 50% this past month.

The post Tornado Cash price: no TORN boost even as deposits resume on major exchange appeared first on CoinJournal.