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Binance and Kazakhstan sign a memorandum of understanding to identify and block illegal crypto assets

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Binance, the world’s leading cryptocurrency trading platform, announce Recently, it signed a memorandum of understanding with the Kazakhstan Financial Supervisory Agency. The move is part of its global law enforcement training program, which includes law enforcement agencies and regulatory officials from around the world. The objective of the program is to improve industry collaboration with international and national law enforcement agencies in order to help combat cybercrime and financial crime.

In addition, the program also intends to help identify and block any digital assets that have been illegally acquired and used for money laundering and terrorist financing.

Binance impressed by Kazakhstan’s pro-crypto stance

Binance made an effort to engage the FMA in Kazakhstan as the Republic of Kazakhstan started to emerge as one of the leading countries when it comes to Bitcoin mining, especially after China introduced laws that forced miners to leave its borders. Kazakhstan has become a new home for many of them and a large number of locals are also starting to get involved in the mining scene.

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Not to mention that Kazakhstan has become a leader in Central Asia in terms of favorable crypto regulations, including the fact that it has allowed crypto exchanges to open bank accounts. Not only that, but the country is also looking at ways to integrate cryptocurrency into its community, legalize it, and allow its people to use it on a much larger scale than ever before.

All this put Kazakhstan on the map of crypto-friendly countries, and it caught the attention of Binance. Therefore, it wasn’t long before the world’s leading cryptocurrency exchange, always looking for new opportunities, got the initial approval to start operating within its borders. Currently, Binance is still new to Kazakhstan, having launched its operations in the country just two months ago, in August 2022.

Now, the exchange is looking to connect the country’s law enforcement agencies and regulators with other similar organizations from around the world. Gleb Kostarev, regional head of Asia at Binance, stated that the country’s pro-crypto stance was one of the biggest reasons why Binance sought this partnership. He said the local government has amended relevant legislation and legalized mining and other activities. All of this showed Binance that the country has great potential to see and enable further growth of the crypto industry.

So far, Binance has organized its training program in a number of countries, including Norway, Germany, France, Italy, the United Kingdom, Brazil, Canada, as well as Israel. The program began on September 26, but the company’s investigation team had already held workshops for several law enforcement agencies for a full year at that point.

The lack of a similar pro-crypto stance and crypto-friendly regulations made it difficult for Binance to expand into new, untapped markets. As a result, the exchange has used the program to raise awareness and educate law enforcement agencies, regulators, and government officials in order to drive collaboration globally, and in doing so, we hope to also drive adoption.

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Oryen Network (ORY) may cross-chain to Polygon (MATIC) and Fantom (FTM) with its unique width

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Every cryptocurrency investor dreams of multiplying their investment with the most transparent, secure and easy-to-use platform. MATIC and FTM deserved, Oryen Network’s big entry into the crypto space came with what the market was missing – Auto Staking.

Oryen dumped Oryen Autostaking Technic (OAT), which has been admired as investors can easily earn passive income. As a result, the comfort zone in the crypto space has changed for the better. Investors have longed for a platform where they can participate, hold and see their investment grow without getting sucked into observing the markets and risking every minute.

Orin Network (ORY)

Oryen’s performance has been impressive, and early backers are reaping big time. The summary below shows its performance since its first price of $0.05 in pre-offer 1, and shows how it will rise.

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Pre-sale Date price increase ORY price Purchase bonus
Pre-sales 6 02 Dec – 09 Dec 250% $0.175 5%
Pre-sale 7 09 Dec – 16 Dec 320% $0.21 5%
Pre-sales 8 December 16 – December 23 400% $0.25 5%
Pre-sales 9 December 23 – December 27 500% $0.3 0%

The ORY is currently at $0.175, up 250% during the 6 ICO pre-sale, indicating astronomical demand. Oryen has no vesting, is automatically dropped into holder wallets, and gives all ICO buyers an equal opportunity to lock in a pre-sale gain at a launch price of $0.35.

All of these successes are due to the unique features of Oryen Network. The token has a fixed daily APY of 0.177%, which equates to a guaranteed 90% annual return on your investment.

The APY is more than the average of other digital tokens, and discussions are rife in the Reddit community about this new cryptocurrency that everyone is eager to get their hands on. ORY is well featured on YouTube by crypto enthusiasts, including Steven Clarke.

With the Risk Free Value (RFV) portfolio as a buffer and additional backing for the Treasury, investors are confident that ORY will keep its underlying price stable. As a result, RFV shields market volatility by providing liquidity reserves.

polygon (matic)

MATIC is a polygon token that provides interoperability between Ethereum-compatible blockchains through its Layer 2. Polygon offers an easy-to-use and scalable Ethereum platform for infrastructure development.

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Fantom (FTM)

The Fantom ecosystem rides on its native token (FTM) as a way for investors to participate and make payments, including transaction fees. Fantom’s blockchain platform is scalable and serves as an alternative to Ethereum.

conclusion

Investors need not trade or manually manage their portfolios with Oryen’s Buy-Hold-Earn capability of OAT. Riding on these unique features, there are possibilities for Oryen (ORY), Polygon (MATIC), and Fantom (FTM) for crossover sequences.

Find more here:

Join Presale: https://presale.oryennetwork.io/register
website: https://oryennetwork.io/

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XRP is trading within the $0.39 and $0.37 levels

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Ripple price forecast for today, December 4: XRP is trading within the $0.39 and $0.37 levels

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Low momentum for buyers and sellers in the Ripple market

If the bears gain more momentum to push the price below the $0.37 support level, ripple It may drop to $0.31 and $0.28. An increase in bulls’ pressure could lead to a breach of the $0.39 resistance, which could extend to the $0.43 and $0.45 resistance levels.

XRPUSD Price Analysis – Dec 04

Key levels:

Bid levels: $0.39, $0.43, $0.45

Order levels: $0.37, $0.31, $0.28

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XRP/USD Price Trend Medium-term: Range

The XRP/USD pair is range-moving in the medium-term outlook. Sellers have dominated the XRP market since the beginning of November. The scenario is caused by a price action that has formed called a double top chart pattern. The coin fell to the $0.31 support level four weeks ago after it breached the previous support levels at $0.43 and $0.39. The bearish move was opposed by buyers on November 10 and since then, the price has been in the range of $0.37 to $0.39.

The Ripple market is trading with 9 EMA periods and 21 EMA periods. The RSI 14 period is at 46 levels with the signal lines showing no specific direction. If the bears gain more momentum to push the price below the $0.37 support level, the price could drop to $0.31 and $0.28. Increasing pressure from the bulls could lead to a breach of the $0.39 resistance, which could extend to $0.43 and $0.45.

XRP/USD Short-term price trend: Range

XRPUSD is ranging from a 4-hour time frame perspective. The range movement started on November 10 when the sellers lost momentum at the $0.31 support level. The price could not breach the mentioned level due to low bearish momentum. Likewise, the $0.39 resistance level could not be breached due to declining bullish momentum.

XRP price is trading between the 21-period EMA and the 9-period EMA indicating a low momentum in the Ripple market. The RSI period is 14 at 46 levels with the signal lines showing no specific direction.

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XRP/USD recovery halted above $0.40

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Ripple price prediction was unable to develop bullish momentum above $0.40 as the coin ranges inside a channel.

Ripple Forecast Statistics Data:

  • Ripple price now – $0.393
  • Ripple’s market capitalization – $19.7 billion
  • The circulating supply of Ripple – 50.26 billion
  • Total supply – 99.9 billion
  • Ripple Coinmarketcap Ranking – No. 7

XRP/USD Market

Key levels:

Resistance levels: $0.500, $0.550, $0.600

Support levels: $0.300, $0.250, $0.200

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The XRP/USD pair is moving to cross above the 9-day moving average in the beginning of today’s trading, but the coin failed to face the upside as it quickly retreated towards the $0.380 support. but, Ripple (XRP) It is still in a narrow range, which limited its upward movement above the 9-day and 21-day moving averages.

Ripple Price Prediction: What Could Be the Next Direction for XRP?

As shown on the daily chart, the Ripple price It continues moving in the same direction as it moves east. If the bulls can push the coin above the 9-day moving average; You could find resistance levels at $0.500, $0.550 and $0.600.

However, if the market follows the downward movement, it could hit the nearest support at $0.350; Further decline could lead the coin to the $0.300, $0.250, and $0.200 support levels. At the moment, the technical indicator RSI (14) confirms the sideways movement as the signal line remains below the 50 level. Therefore, traders should keep watching the currency movement for the next possible direction.

When compared to Bitcoin, Ripple price is likely to move to the downside, although the price action remained unchanged from the 9-day and 21-day moving averages, but if the selling pressure increases, Ripple (XRP) may create a new low for the currency, It can lead to a depreciation of the currency.

XRPBTC – Daily Chart

At this point, the RSI of the technical indicator (14) is moving in the same direction; Traders are likely to see a negative move if sellers bring the market price below the lower boundary of the channel, and it could hit the crucial support at 1900 SAT and below. On the other hand, if the bulls push the currency towards the upper border of the channel, the potential resistance level could be located at 3000 SAT and above.

At this time, those who invest in Impact Code (IMPT) They will be able to claim it from December 12, 2022. In order to do so, they will connect the wallets they used to initially purchase the tokens, and the token will be dropped into their wallets. Uniswap, LBank and Changelly Pro IMPT will also be listed for trading once the pre-sale is completed. It’s great being green, and about $13.6 million has already been raised for this green project.

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