<p style=”border: 0px solid #d9d9e3; box-sizing: border-box; –tw-border-spacing-x: 0; –tw-border-spacing-y: 0; –tw-translate-x: 0; –tw-translate-y: 0; –tw-rotate: 0; –tw-skew-x: 0; –tw-skew-y: 0; –tw-scale-x: 1; –tw-scale-y: 1; –tw-scroll-snap-strictness: proximity; –tw-ring-offset-width: 0px; –tw-ring-offset-color: #fff; –tw-ring-color: rgba(69,89,164,.5); –tw-ring-offset-shadow: 0 0 transparent; –tw-ring-shadow: 0 0 transparent; –tw-shadow: 0 0 transparent; –tw-shadow-colored: 0 0 transparent; margin: 0px 0px 1.25em; color: #374151; font-family: Söhne, ui-sans-serif, systеm-ui, -apple-systеm, ‘Segoe UI’, Roboto, Ubuntu, Cantarell, ‘Noto Sans’, sans-serif, ‘Helvetica Neue’, Arial, ‘Apple Color Emoji’, ‘Segoe UI Emoji’, ‘Segoe UI Symbol’, ‘Noto Color Emoji’; white-space-collapse: preserve; background-color: #f7f7f8;”>Binance has urged users of the payment company Paysafe to convert their euros on the exchange into USDT by October 31st. Starting from September 28th, Paysafe users will no longer be able to engage in spot trading on Binance in euro pairs, and any open orders will be canceled. The Binance Convert function, used for exchanging crypto assets into fiat currency, will also be restricted for transactions in euros.</p>
<p style=”border: 0px solid #d9d9e3; box-sizing: border-box; –tw-border-spacing-x: 0; –tw-border-spacing-y: 0; –tw-translate-x: 0; –tw-translate-y: 0; –tw-rotate: 0; –tw-skew-x: 0; –tw-skew-y: 0; –tw-scale-x: 1; –tw-scale-y: 1; –tw-scroll-snap-strictness: proximity; –tw-ring-offset-width: 0px; –tw-ring-offset-color: #fff; –tw-ring-color: rgba(69,89,164,.5); –tw-ring-offset-shadow: 0 0 transparent; –tw-ring-shadow: 0 0 transparent; –tw-shadow: 0 0 transparent; –tw-shadow-colored: 0 0 transparent; margin: 1.25em 0px; color: #374151; font-family: Söhne, ui-sans-serif, systеm-ui, -apple-systеm, ‘Segoe UI’, Roboto, Ubuntu, Cantarell, ‘Noto Sans’, sans-serif, ‘Helvetica Neue’, Arial, ‘Apple Color Emoji’, ‘Segoe UI Emoji’, ‘Segoe UI Symbol’, ‘Noto Color Emoji’; white-space-collapse: preserve; background-color: #f7f7f8;”>The exchange’s management noted that Paysafe unilaterally decided to cease processing euro deposits for Binance users. Paysafe suspended euro deposits on September 25th. However, Binance users can continue to withdraw euros from their Binance accounts to their bank accounts.</p>
<p style=”border: 0px solid #d9d9e3; box-sizing: border-box; –tw-border-spacing-x: 0; –tw-border-spacing-y: 0; –tw-translate-x: 0; –tw-translate-y: 0; –tw-rotate: 0; –tw-skew-x: 0; –tw-skew-y: 0; –tw-scale-x: 1; –tw-scale-y: 1; –tw-scroll-snap-strictness: proximity; –tw-ring-offset-width: 0px; –tw-ring-offset-color: #fff; –tw-ring-color: rgba(69,89,164,.5); –tw-ring-offset-shadow: 0 0 transparent; –tw-ring-shadow: 0 0 transparent; –tw-shadow: 0 0 transparent; –tw-shadow-colored: 0 0 transparent; margin: 1.25em 0px 0px; color: #374151; font-family: Söhne, ui-sans-serif, systеm-ui, -apple-systеm, ‘Segoe UI’, Roboto, Ubuntu, Cantarell, ‘Noto Sans’, sans-serif, ‘Helvetica Neue’, Arial, ‘Apple Color Emoji’, ‘Segoe UI Emoji’, ‘Segoe UI Symbol’, ‘Noto Color Emoji’; white-space-collapse: preserve; background-color: #f7f7f8;”>Previously, Paysafe collaborated with Binance to allow European users to deposit and withdraw funds in fiat currencies via bank transfers in the Single Euro Payments Area (SEPA). Binance stated that they will soon integrate new fiat channels.</p>

<p style=”border: 0px solid #d9d9e3; box-sizing: border-box; –tw-border-spacing-x: 0; –tw-border-spacing-y: 0; –tw-translate-x: 0; –tw-translate-y: 0; –tw-rotate: 0; –tw-skew-x: 0; –tw-skew-y: 0; –tw-scale-x: 1; –tw-scale-y: 1; –tw-scroll-snap-strictness: proximity; –tw-ring-offset-width: 0px; –tw-ring-offset-color: #fff; –tw-ring-color: rgba(69,89,164,.5); –tw-ring-offset-shadow: 0 0 transparent; –tw-ring-shadow: 0 0 transparent; –tw-shadow: 0 0 transparent; –tw-shadow-colored: 0 0 transparent; margin: 0px 0px 1.25em; color: #374151; font-family: Söhne, ui-sans-serif, systеm-ui, -apple-systеm, ‘Segoe UI’, Roboto, Ubuntu, Cantarell, ‘Noto Sans’, sans-serif, ‘Helvetica Neue’, Arial, ‘Apple Color Emoji’, ‘Segoe UI Emoji’, ‘Segoe UI Symbol’, ‘Noto Color Emoji’; white-space-collapse: preserve; background-color: #f7f7f8;”>The Ministry of Economic Development has forecasted the peak strengthening of the ruble in June 2024, while VTB Bank has refuted negotiations regarding an exchange of its stake in Fortenova for shares in “Yandex”. These and other important news updates as of the morning of Wednesday, September 27, are featured in our daily overview.</p>
<p style=”border: 0px solid #d9d9e3; box-sizing: border-box; –tw-border-spacing-x: 0; –tw-border-spacing-y: 0; –tw-translate-x: 0; –tw-translate-y: 0; –tw-rotate: 0; –tw-skew-x: 0; –tw-skew-y: 0; –tw-scale-x: 1; –tw-scale-y: 1; –tw-scroll-snap-strictness: proximity; –tw-ring-offset-width: 0px; –tw-ring-offset-color: #fff; –tw-ring-color: rgba(69,89,164,.5); –tw-ring-offset-shadow: 0 0 transparent; –tw-ring-shadow: 0 0 transparent; –tw-shadow: 0 0 transparent; –tw-shadow-colored: 0 0 transparent; margin: 1.25em 0px; color: #374151; font-family: Söhne, ui-sans-serif, systеm-ui, -apple-systеm, ‘Segoe UI’, Roboto, Ubuntu, Cantarell, ‘Noto Sans’, sans-serif, ‘Helvetica Neue’, Arial, ‘Apple Color Emoji’, ‘Segoe UI Emoji’, ‘Segoe UI Symbol’, ‘Noto Color Emoji’; white-space-collapse: preserve; background-color: #f7f7f8;”>According to “Interfax,” the ruble’s exchange rate is expected to gradually strengthen in late 2023 and the first half of 2024, reaching its peak the following June, before transitioning into a period of weakening. This information was sourced from the socio-economic development forecast for Russia covering the years 2024-2026, prepared by the Ministry of Economic Development. The forecast was officially approved during a government meeting this past Friday.</p>
<p style=”border: 0px solid #d9d9e3; box-sizing: border-box; –tw-border-spacing-x: 0; –tw-border-spacing-y: 0; –tw-translate-x: 0; –tw-translate-y: 0; –tw-rotate: 0; –tw-skew-x: 0; –tw-skew-y: 0; –tw-scale-x: 1; –tw-scale-y: 1; –tw-scroll-snap-strictness: proximity; –tw-ring-offset-width: 0px; –tw-ring-offset-color: #fff; –tw-ring-color: rgba(69,89,164,.5); –tw-ring-offset-shadow: 0 0 transparent; –tw-ring-shadow: 0 0 transparent; –tw-shadow: 0 0 transparent; –tw-shadow-colored: 0 0 transparent; margin: 1.25em 0px 0px; color: #374151; font-family: Söhne, ui-sans-serif, systеm-ui, -apple-systеm, ‘Segoe UI’, Roboto, Ubuntu, Cantarell, ‘Noto Sans’, sans-serif, ‘Helvetica Neue’, Arial, ‘Apple Color Emoji’, ‘Segoe UI Emoji’, ‘Segoe UI Symbol’, ‘Noto Color Emoji’; white-space-collapse: preserve; background-color: #f7f7f8;”>Currently, VTB Bank is not engaged in discussions with the retailer Fortenova regarding an exchange of the bank’s stake for shares in “Yandex,” as reported by Forbes, citing the bank’s press service. Earlier, on Tuesday, September 26, the publication Frank Media had reported such negotiations, citing sources.</p>

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The Shanghai Intermediate People’s Court has recognized Bitcoin as a unique digital currency, despite China’s existing ban on cryptocurrency trading.

The court bestowed Bitcoin with a status distinct from other digital currencies because BTC:

Possesses qualities inherent to money, namely it can be stored, used as a medium of exchange, and a measure of value for goods and services.

Enjoys global popularity.

Holds value due to its limited supply of coins.

In China, cryptocurrencies are considered speculative investment instruments. Therefore, the verdict of the Shanghai court contradicts the party’s stance. This decision is based on a resolution issued in May 2022, which states that the law should protect the interests of digital asset owners in cases involving property disputes over purchased, mined, or inherited coins.

Michael Saylor, the Chairman of the Board of MicroStrategy, believes that Bitcoin is the best way to preserve wealth and protect it from inflation and political risks.

Saylor defines inflation as a vector of deterioration in many aspects of life. According to him, consumer inflation is the amount of money needed for a person to remain poor and lead a lower-class lifestyle, while asset inflation is the rate of wealth creation that allows one to preserve assets.

The head of MicroStrategy noted that asset inflation in the United States has been around 7-8% for roughly 100 years, while consumer inflation during the same period has been around 2%. Saylor pointed out that recently, asset inflation has sharply increased, creating an interesting scenario.

The new CEO of the social network X (formerly Twitter), Linda Yaccarino, shared a short video about the new features of their so-called “Everything app.” The video highlights the integration of payments into the social network platform.

This news has particularly excited Dogecoin (DOGE) supporters, who have long hoped that Elon Musk’s favorite meme coin might be among the supported currencies.

Musk openly expressed his support for Dogecoin even before acquiring Twitter and renaming it to X. Now, at his request, X developers are refining the platform and adding new features, including online purchases and money transfers.

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The app will also allow X users to earn income based on their engagement and activity on the platform.

At the time of rumors about a possible integration, which are not officially confirmed, the price of the meme token hardly changed and correlated with Bitcoin and the altcoin market. The current price of DOGE is $0.0617.

The cryptocurrency based on the meme AstroPepeX (APX), created by a chatbot, attracted investments totaling $3.7 million within one day.

The brainchild’s creator, known by the pseudonym CroissantEth, utilized OpenAI’s custom interface, which released ChatGPT, to integrate artificial intelligence (AI) into their application connected to the Ethereum blockchain. Subsequently, CroissantEth devised a sсript instructing the chatbot to generate an ERC20 standard token on the Ethereum network.

As a result, ChatGPT generated the smart contract code for coin issuance, selected the name and logo for the new cryptocurrency, configured its parameters, released the digital assets, and added them to the decentralized Uniswap exchange.

In this month, Bitcoin (BTC) trading volumes on Binance have declined, as lawsuits and claims from regulatory bodies are being observed worldwide.

According to K33 Research, since the beginning of September, the average 7-day spot trading volume of BTC on Binance has decreased by 57%, while on several other exchanges, it has remained nearly unchanged. The volumes of its American competitor, Coinbase (NASDAQ: COIN), have increased by 9% during this period.

The sharp drop occurred when several lawsuits were filed against Binance, along with license denials and public accusations.

The actions taken by the U.S. Department of Justice and the Securities and Exchange Commission against Binance may have deterred market-makers from trading on the platform, partially explaining the decline, according to Vetle Lunde, Senior Analyst at K33 Research.

On September 7, Binance discontinued the promotion of zero-commission trading of BTC with the stablecoin TrueUSD (TUSD), one of the most liquid trading pairs on the platform, which may have also contributed to the decline.

Last month was full of uncertainty for Shiba Inu (SHIB) traders. Over the course of 30 days, SHIB experienced turbulent fluctuations and showed a significant price drop of 13.18%. Investors turned to complex tools and machine learning algorithms to assess SHIB’s price prospects.

As of early October 2023, the forecast for SHIB is a price of $0.0000073.

The analysis of SHIB’s price is based on technical indicators including ATR, BB, MACD, and RSI. The price of SHIB is around $0.00000737, with a 1% growth and a moderate downward trend in the past week. The support level is at $0.00000687, while resistance is at $0.00000758.

Currently, SHIB is trading below the 200-day moving average, indicating bearish sentiment in the market. Over the last 30 days, there were only 10 green trading days, accounting for 33% positive sessions. However, the rise of Bitcoin, which is correlated with the altcoin market, may change the situation for the better.

Analyst DonAlt, who accurately predicted the cryptocurrency rally earlier this year, believes that Bitcoin (BTC) has a chance to undergo a significant rally and reach a new high in 2023.

“If we manage to climb and overcome the resistance we’re currently facing, the target, I believe, could be $36,000… If this happens, and we have substantial reasons to move up, sentiments will change, ensuring an ascent… I don’t rule out the possibility that I won’t be able to enter at a good price of $30,000, because if the price surges, it might rise too quickly to not miss this opportunity.

In the worst case, I’ll take a small hit if it drops into the range of $19,000 to $20,000.

DonAlt also noted that after several months of decline, the price of Bitcoin is looking good. For the first time in months, we’re observing constructive price movement; we’ll soon have to move upwards.”

The price of Bitcoin has reached a new high since the end of summer. On the evening of September 14th, the asset’s price reached $26.75 thousand for the first time since August 31st. Within 24 hours, BTC increased by 1.3%. As of 9:40 AM Moscow…