WazirX may be approved to resume trading India's largest cryptocurrency exchange WazirX is awaiting court approval for its restructuring plan, which has received support from 95.7% of creditors. This is an important step in addressing the aftermath of the $235 million hacking incident in July 2024.
Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/5658778060 Daily level; 1. Within the trend of the moving average, as the MA30 falls at the beginning of this week, the MA120 that has been taken over below will be fully utilized. The remaining time in August is likely to emerge from a convergence pattern, so the primary bottom is in the range of 11.1-11.2; Perform a reverse draw of MA30 after hitting; The convergence point is located in early September, which tells us that the trend of the daily chart will have another wave in early September; 2. Within Boll's trend, the price of the currency has already fallen below the mid track today, so it is necessary to follow the logic of a volatile range, and then a bottoming out is possible; 3. In the market of quantitative energy, the primary VR value reached 46 within the oscillation range, which belongs to the ultra-low range. Therefore, the future market cannot directly transition from the oscillation range to a downward trend, and must undergo rebound adjustment to achieve it; So phased withdrawal is necessary; Judging from OBV, the trend volume in this period can escape slightly, with the moving average falling below. If we want to see a breakthrough in the future, we must complete the bottoming out in the convergence zone, so we can only focus on the rebound for now; 4. In the trend of potential energy, RSI and MFI also entered a volatile form as the coin price fell, but no downward trend was given. At the same time, CCI fell into the range of 0-100, also entering a volatile range. The 0 axis will have strong support, so buying at the bottom is preferred over buying at the high end; 5. Within the current balanced trend, the currency price has fallen into the clouds, so both long and short sides have completely entered a stalemate stage; The period of the reversal is the same as the convergence pattern in early September; The remaining time in August will require oscillations within Yangyun. Based on the support of 111000 at the lower edge of Yangyun, this is the intersection of three support levels, making it the best location for bottom fishing; Overall, there is a possibility for the daily trend to continue to decline, and the best range for bottoming out is 11.1-11.2. After the bottoming out is completed, we will temporarily look for a pullback. The top of the pullback range is around MA30, and the daily trend in late August and early September will face a new trend, which is the tip of the convergence pattern. This is our main market trend; QQ group number: 425915927 QQ group link: https://qm.qq.com/q/Tiv0OLi4kS Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
The US Monetary Authority encourages community banks to collaborate with stablecoin companies to promote innovation The Office of the Superintendent of the Currency (OCC) has stated that community banks can collaborate with companies developing stablecoins to promote innovation and launch new products. OCC will review and update its regulatory and supervisory policies as needed to support banking innovation and community banking development. OCC Director Jonathan V. Gould stated that stablecoins help community banks better meet payment needs.
Japanese Lib Work plans to purchase $3.3 million worth of Bitcoin Japanese 3D printing construction company Lib Work announced the inclusion of Bitcoin in its corporate reserve assets, planning to purchase BTC worth $3.3 million to address inflation risks.
Ouyi announces maintenance of trading products Ouyi will maintain trading products, with a maintenance period of 08:00 on August 20, 2025 (UTC+8). Notes: -During the network upgrade period, Fusivist (ACE) network token trading will not be affected, but potential risks should be noted. -Please refrain from depositing or withdrawing ACE tokens and their network related tokens during the upgrade period. -After the upgrade is completed, the charging and withdrawal services will be automatically restored without further notice.
Swedish cryptocurrency trading company Safello will launch physical supported TAO ETP According to Marketscreener, Swedish cryptocurrency trading company Safello has announced the launch of the first physically supported TAO exchange traded product (ETP) in the European market. The ETP is planned to be listed on the SIX Swiss Exchange, the Paris and Amsterdam Euronext, and the German exchange Xetra, providing institutional and retail investors with investment opportunities in Bittensor's native token TAO.
