Binance launched a Binance Card debit card in the European Economic Area (EEA). The card supports BTC, BNB, SXP, and BUSD.
Binance management reported that residents of the Eurozone will be able to apply for a card in August. Shortly, such an opportunity will also appear for British citizens. Users from other countries can pre-register for a card through the Binance website. They will be notified when the Binance Card becomes available in their country. Last week, Binance CEO, Changpeng Zhao, tweeted about the successful beta test of the Binance Card, having completed several online store transactions using BNB tokens.
Earlier this month, Binance completed the purchase of a Swipe startup to use its infrastructure to issue payment cards. The Swipe platform allows transactions in 31 European countries. However, Swipe is not currently available in the US, so the firm plans to enter the US market with regulatory approval and the necessary licenses. Initially, the Binance Card will support BTC, SXP, and BNB (Swipe and Binance internal tokens), as well as BUSD stable coins.
Binance Card will work as a traditional debit card, and users will not need to manually convert crypto assets to fiat currencies to pay for purchases or services. The person will only have to choose which cryptocurrency they wish to pay in.
Technical analysis of Bitcoin (BTC):
Over the past day, the price of bitcoin rose to the resistance level of $9,280. Then it fell to the support level of $9,180. Now, the price of bitcoin is $9,235. In the future, we predict an increase. The nearest resistance levels are $9,300, $9,400, $9,500, $9,600, $9,850, $10,000, $10,250, $10,500, $11,100, $12,230. The nearest support levels are $9,200, $9,000, $8,600, $8,150, $7,900, $7,600, $7,500.
Technical analysis of Ethereum (ETH):
Over the past day, the price of ethereum grew to the resistance level of $242. Then it fell to the support level of $238. Now, the price of ethereum is $240. In the future, we predict an increase. The nearest resistance levels are $245, $250, $257, $260, $270. The nearest support levels are $240, $238, $235, $229, $225, $220, $218, $216, $212.
Technical analysis of Ripple (XRP):
Over the past day, the price of ripple was in the price corridor between $0.1960 – $0.2. Now, it is $0.1985. In the future, we predict an increase. The nearest resistance levels are $0.2020, $0.2060, $0.21, $0.2150, $0.22, $0.23, $0.2350. The nearest support levels are $0.2, $0.1950, $0.19, $0.1820, $0.18, $0.1750, $0.17.
