Crypto Update

#Btc Testing Falling Wedge Support 55300-55600 Area If #Btc Managed To Hold Support Area Then Can Bounce Towards Falling Wedge Resistance 57k Bitcoin Will Only Start Bullish Wave After Breaking Falling Wedge Can Test 61-62k Area

#Doge Consolidating Within Short Range For A While Now Trying To Clear Range Towards Upside Expecting 8-10% Bullish Wave Incase Of Upside Breakout

Solana looks set for sharp decline, on-chain data shows, after failing to overcome key resistance Solana (SOL) seems set to unwind most of its recent gains if it fails to surpass the 200-day Exponential Moving Average (EMA) around $140.23, a key level that acted as a resistance .

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👀 Nearly 4,000 $BTC 💰 ($230M) flowed out of #Fidelity Custody wallet 8 hours ago.

Ripple traders take over $330 million in profits, pushing XRP down to $0.55 Ripple (XRP) traders have taken large-scale profits on their holdings at the beginning of... @xrpscripts is that you ? Cause you’re one of the best xrp trader out here. Dm him if you wanna boost your portfolio trading xrp .

🚨 Solana Scam Warning: Tokens Disappearing in Seconds! 🚨 Scammers have found a new way to burn your Solana tokens right after you buy them. Learn how it works and how to stay safe in our latest quick-hit episode. 🎧 @cryptoopdate

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🇯🇵 JUST IN 🚨: Japan’s FSA wants to align crypto tax rates with traditional financial assets. The proposed 2025 reform could cut taxes on crypto profits from 55% to 20% and allow loss carryovers..

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#Dusk Recently Cleared Falling Wedge Expecting Recovery Soon Seems Like Dusk Preparing For 2x Bullish Rally

🇶🇦 JUST IN: Qatar introduces new regulatory framework for digital assets, aiming to boost its financial sector..

Ethereum leads Solana, Arbitrum: DEX volume falls in August DEX volumes dropped slightly in August as Ethereum dApps led, followed by Solana and Arbitrum

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🚨 Ripple CTO slams SEC for saying NFTs are securities, says US regulator is contradicting itself ♻️ Ripple executive Stuart Alderoty criticized the Securities & Exchange Commission for Wells Notice sent to NFT platform OpenSea.  📈 Alderoty shared a 1976 letter where the regulator ruled that art galleries don’t need to register with the SEC.  🪩 NFT coins are in a state of decline on Saturday, at a market capitalization of $25.13 billion. Ripple Chief Technology Officer (CTO) Stuart Alderoty reacted to Securities & Exchange Commission’s (SEC) Wells Notice sent to OpenSea. The NFT platform slammed the SEC for their stance on NFTs while Ripple executive and industry experts sided with OpenSea.  Stuart Alderoty shared a letter by the regulator where the SEC asks art galleries not to register themselves, shedding light on the contradictory stance of the Gary Gensler-led agency.  Art galleries not required to register with SEC, according to 1976 letter Ripple CTO, pro-crypto attorney and an influencer in the industry, Stuart Alderoty has helped XRP traders digest the final ruling in the SEC vs. Ripple lawsuit. Alderoty commented on what to expect if the regulator appeals the ruling and where the firm is headed next.  In response to SEC’s recent Wells Notice to OpenSea, Alderoty dropped a letter by the regulator, from 1976, that states that art galleries selling to buyers that have investment motives, still don’t need to register with the agency. The crypto community on X is supporting OpenSea as the NFT platform vows to “stand up and fight” the regulator.  Preston Byrne, attorney and a crypto influencer says that the platform is immune to civil liability as it hosts user-generated content. Byrne said that OpenSea’s business model allows users to sell the NFTs they generated, meaning the platform is not the creator of the items sold on there. 

Ripple CTO slams users suggesting XRP giveaway, altcoin dips to $0.55 Ripple (XRP) Chief Technical Officer (CTO) David Schwartz addressed concerns about token giveaways by the cross-border payment remittance...

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Bitcoin reserves on exchanges have hit new yearly lows, indicating reduced selling pressure and potentially signaling increased long-term holding by investors, which could strengthen the market. 📈 What do you think this means for Bitcoin’s price trajectory? 🐳 - $BTC price will go up 🔥 - It will stay the same 🌚 - It will go down

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