What do we have for you in today's newsletter?
- Analysis of BTC and ETH
- Crypto news - as of December 20, you will no longer pay with your Binance card
MARKET ANALYSIS BY CRYPTOAARON
Currently, the situation is getting more flavor. We are finally seeing a breakthrough of $30K on BTC, where for the past weeks there has not even been an approach under this boundary. On the other hand, let this not delude you, because in order to think already in terms of "the increases have already returned" realistically we need to approach above $32-33.3K preferably for more than a week. So at the moment it may be that 5-14 more days we may see some increases, an approach under $32-33, or even more, but for a shorter time and we will still go below $30K. Either way, anything below $27K if it is realistic to see it, seems an attractive level to buy.
As you can see, it continues to have trouble catching up with BTC, which leaves room for a potential rise. We may see an approach to $1750-1800-1850 in this round, depending on how long the upward movement lasts. Anything below $1500 (if possible ) seems attractive to buy.
As for altcoin for this week, I want to draw attention to #LINK, which is finally breaking through the accumulation box after many months and is trailing above $10. Buying at $7-8 will be very attractive, $8-10 attractive. $15-16 does not seem a distant level to reach, short term. #LINK itself is gaining a lot of confidence, so its potential is much higher.
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NEWS FROM THE WORLD OF CRYPTO
Binance card to be decommissioned
as of December 20, 2023.
In a move that surprised many, Binance, one of the most well-known brands in the cryptocurrency world, has announced that its Binance card will be retired as of December 20, 2023. The cryptocurrency community is full of speculation, trying to decipher the reasons behind this unexpected decision.
Binance card: Binance accounts remain unaffected
Users can breathe a sigh of relief, as Binance has clarified that their main Binance accounts will not be affected by this change. Operations will continue as usual, ensuring that trading, withdrawals and other functions remain uninterrupted. The discontinuation only affects Binance Card, a popular tool among cryptocurrency enthusiasts due to its ability to bridge the gap between digital assets and traditional ways of spending money.
Binance Card: the Rise of Binance Pay
For those lamenting the loss of the Binance Card, the company is offering a silver lining. Binance is directing its users to Binance Pay, a state-of-the-art solution for cryptocurrency transactions. Available in select regions, Binance Pay promises a "contactless, borderless and secure" method of purchasing with cryptocurrencies and sending digital assets. This phrase suggests Binance's commitment to streamlining and improving cryptocurrency payments for its huge user base.
Staying in touch: Binance Support
Understanding the potential concerns and questions that may arise from this announcement, Binance provides open channels of communication. Users seeking clarity or encountering problems can connect directly with the Binance support team via the official chat portal at https://binance.com/en/chat.
Binance card: the future landscape of cryptocurrency payments
As Binance takes the bold step of transforming its offerings, the cryptocurrency industry is watching closely. Will other industry giants follow suit, or will they exploit the loophole? Time will tell. In the meantime, users and investors are advised to stay tuned and adapt to the ever-evolving world of cryptocurrencies.
Have a fantastic week!