Abstract:Uniswap, FTX Token & Swift Wrap.
Uniswap price rebound has stuttered over the last four trading days showing no progress, despite the continuing surge in Bitcoin from the July 20 low, keeping the altcoin coiling in the symmetrical triangle. Even though UNI did provoke a bear trap, the bearish outlook is preserved until UNI can claim a daily close above the triangles upper trend line.
FTX Token price lacks explosiveness, FTT doomed to fall 26%FTX Token price has failed to generate an impulsive rally off the June 20 low like other cryptocurrencies, disabling FTT from extending the new rebound beyond the 200-day SMA. It is another corrective stage in the context of a larger ascending broadening wedge pattern that began from the June 22 low. The digital token is capturing support at the 50-day SMA, but the corrective price structure points to a test of the June 26 low.
SWIFT Go launches for banks, posing threat to RippleLeading banks now have an alternative to RippleNet for sending and receiving funds in a frictionless manner. The global provider of secure financial messaging is directly competing with the XRP network through SWIFT Go.Interbank messaging network SWIFT connects over 11,000 financial institutions globally. The giant aims to lower the cost of overseas bank transfers.
Stay tuned!
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Robinhood Markets introduces a new credit card, available exclusively to its Gold members, marking a significant expansion in its personal finance offerings.
Binance's legal challenges in Nigeria spotlight the complex interplay between global crypto platforms and regulatory bodies, urging industry evolution.
Philippines' SEC, with NTC's aid, blocks Binance, impacting its global cryptocurrency operations due to lack of proper licenses, aiming to protect local investors.
Ledger is a pioneering company in cryptocurrency hardware wallets, founded in 2014 by Eric Larchevêque, Nicolas Bacca, and Joel Pobeda. Their flagship product, the Ledger Nano S, was introduced in 2016 and quickly gained popularity among crypto enthusiasts and investors for its robust security features and user-friendly interface. Designed as a cold storage solution, Ledger wallets keep users' private keys isolated from the internet, protecting them from online threats and unauthorized access. These wallets support a wide range of cryptocurrencies, allowing users to securely store, manage, and transact with various digital assets. With features like seed phrase recovery, PIN code protection, and a secure chip resistant to physical attacks, Ledger wallets prioritize the safety and convenience of managing cryptocurrencies, making them a trusted choice in the crypto hardware wallet market.