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Circle explores β€˜reversible’ USDC transactions in break from crypto ethos🚨

Transaction reversibility may help stablecoins become an intrinsic part of the legacy financial system, according to the president of Circle.

Circle, the world’s second-largest stablecoin issuer, is reportedly examining reversible transactions to help recover funds from fraud and hacks, which appears to counter one of crypto’s founding principles: That transactions are final and beyond centralized control.


Read full article at https://cointelegraph.com/news/circle-examines-reversible-stablecoin-transactions
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TRX/USDT 4H TF Possible move
(Not a Signal)
❗️Trade at your own risk❗️


TRX forming a possible descending broadening wedge pattern on 4hour time frame. A descending broadening wedge is bullish chart pattern (said to be a reversal pattern). It is formed by two diverging bullish lines. A descending broadening wedge is confirmed/valid if it has good oscillation between the two upward lines . The upper line is the resistance line; the lower line is the support line. See chart above for analysis.
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Crypto payments firm RedotPay claims unicorn status with $47M raise🚨

Stablecoin payments firm RedotPay said it became a fintech unicorn after a $47 million round with participation from Coinbase Ventures, Galaxy Ventures and Vertex Ventures.

Stablecoin payments firm RedotPay said it joined the ranks of fintech unicorns after securing a $47 million strategic investment round.

Read full article at https://cointelegraph.com/news/redotpay-joins-unicorn-club-with-47m-raise
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Ethereum co-founder shifts $6M of ETH, but whales bought $1.6B🚨

Ethereum co-founder Jeffrey Wilcke seemingly still holds hundreds of millions worth of Ether across multiple wallets.

Ethereum co-founder Jeffrey Wilcke could be looking to sell some of his Ether holdings after sending around 1,500 ETH to crypto exchange Kraken on Thursday.


Read full article at https://cointelegraph.com/news/ethereum-co-founder-sells-6m-eth-whales-bought-1-6b
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FLOKI/USDT 1D TF Possible move
(Not a Signal)
❗️Trade at your own risk❗️


FLOKI forming a possible brokeout from ascending broadening wedge pattern on daily timeframe. The broadening ascending wedge pattern is created by drawing two up-sloping lines that connect a series of higher highs and higher lows.The pattern keeps sloping up as the price rises towards the upper trendline.The price will usually trade within the wedge until it breaks downside. See chart above for analysis.
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Qatar bank taps JPMorgan’s blockchain for faster US dollar payments🚨

β€œIt’s a treasurer’s dream,” said QNB’s Kamel Moris, highlighting how the bank’s shift to JPMorgan’s Kinexys blockchain enables near-instant, 24/7 payments.

Qatar National Bank Group (QNB), one of the Middle East’s largest banks, has adopted JPMorgan’s blockchain platform, Kinexys, to process corporate payments in Qatar, according to a Monday Bloomberg report.


Read full article at https://cointelegraph.com/news/qnb-adopts-jpmorgan-kinexys-blockchain-for-corporate-payments
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BLUR/USDT 4H TF Possible move
(Not a Signal)
❗️Trade at your own risk❗️

BLUR forming a possible descending channel on 4hour timeframe A descending channel is drawn by connecting the lower highs and lower lows of a security's price with parallel trendlines to show a downward trend. Officially, the space between the trendlines is the descending channel, which falls under the broad category of trend channels. See chart above for analysis.
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