The denial highlights the need for clear regulatory frameworks in crypto investments, impacting investor trust and market stability. The post UAE authorities deny granting golden visas for crypto investors amid TON buzz appeared first on Crypto Briefing.

UAE authorities deny granting golden visas for crypto investors amid TON buzz

BRICS is accelerating plans to ditch the dollar in favor of national 
currencies, as Brazil’s Ambassador to India clarifies direction on a unified 
currency and signals sweeping financial shifts. Senior Brazilian Diplomat 
Addresses BRICS Currency Outlook Ahead of 2025 Summit Growing momentum among 
emerging economies to reduce reliance on the U.S. dollar has led to […]

Brazil’s Ambassador to India Addresses BRICS Currency Speculation

Bitcoin price started a fresh increase above the $108,500 zone. BTC is now 
consolidating and might aim for more gains above the $110,000 resistance. 
Bitcoin started a fresh increase above the $108,500 zone. The price is trading 
above $108,500 and the 100 hourly Simple moving average. There was a break 
above a key bearish trend line with resistance at $109,350 on the hourly chart 
of the BTC/USD pair (data feed from Kraken). The pair could start a fresh 
increase if it stays above the $108,350 zone. Bitcoin Price Eyes More Gains 
Bitcoin price started a fresh increase after it settled above the $107,500 
resistance. BTC cleared many hurdles near $108,000 to start a decent increase. 
The bulls pushed the price in a positive zone above the $108,500 level. The 
price gained pace for a move above the 50% Fib retracement level of the 
downward move from the $110,515 swing high to the $107,299 low. Besides, there 
was a break above a key bearish trend line with resistance at $109,350 on the 
hourly chart of the BTC/USD pair. Bitcoin is now trading above $108,500 and 
the 100 hourly Simple moving average. On the upside, immediate resistance is 
near the $109,750 level. It is close to the 76.4% Fib retracement level of the 
downward move from the $110,515 swing high to the $107,299 low. The first key 
resistance is near the $110,000 level. A close above the $110,000 resistance 
might send the price further higher. In the stated case, the price could rise 
and test the $112,000 resistance level. Any more gains might send the price 
toward the $113,200 level. The main target could be $115,000. Downside 
Correction In BTC? If Bitcoin fails to rise above the $110,000 resistance 
zone, it could start another decline. Immediate support is near the $108,800 
level. The first major support is near the $108,350 level. The next support is 
now near the $107,250 zone. Any more losses might send the price toward the 
$106,400 support in the near term. The main support sits at $105,000, below 
which BTC might continue to move down. Technical indicators: Hourly MACD – The 
MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength 
Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – 
$108,800, followed by $108,350. Major Resistance Levels – $110,000 and 
$110,500.

Bitcoin Price Resumes Upward Move — Can It Break New Highs?

Musk&#8217;s endorsement of Bitcoin for his proposed party could accelerate 
cryptocurrency&#8217;s mainstream acceptance and challenge traditional finance.
The post Elon Musk confirms &#8216;America Party&#8217; will embrace Bitcoin because fiat 
is hopeless appeared first on Crypto Briefing.

Elon Musk confirms ‘America Party’ will embrace Bitcoin because fiat is hopeless

Emirates News Agency has refuted The Open Network’s claim that applicants who 
stake $100,000 worth of TON for three years would be eligible for 10-year 
golden visas.

TON coin dips 6% after UAE authorities deny golden visa claim

Binance’s Institutional Loans unlock up to 4x leverage across pooled Spot, 
Margin, and Portfolio accounts, giving top-tier traders instant, frictionless 
access to massive trading power. New Institutional Loans Feature Offers up to 
4x Leverage and Unified Collateral Access Crypto exchange Binance introduced 
its Institutional Loans product on July 3, offering verified corporate users a 
new […]