JUST IN: Gemini crypto exchange founders donate 30.94 Bitcoin worth $2 million to Donald Trump to "put an end to the Biden Administration's war on crypto."
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The options market is betting on Ethereum rising to $4000 by September
๐ฒThere is significant interest ($158.5 million) in Ethereum call options at a price of $4000 expiring in September, as reported by Deribit.
๐ Currently the second-largest cryptocurrency by market capitalization is trading at $3300, having lost 8.5% in the past week.
๐ Ethereum is facing challenges amid the broader crypto market downturn and rumors of imminent trading commencement of spot exchange-traded funds (ETFs) based on the asset in the US.
๐ค Traders are likely interested in call options, anticipating the asset's price to rise in the coming months following the launch of an ETH-ETF.
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๐ฒThere is significant interest ($158.5 million) in Ethereum call options at a price of $4000 expiring in September, as reported by Deribit.
๐ Currently the second-largest cryptocurrency by market capitalization is trading at $3300, having lost 8.5% in the past week.
๐ Ethereum is facing challenges amid the broader crypto market downturn and rumors of imminent trading commencement of spot exchange-traded funds (ETFs) based on the asset in the US.
๐ค Traders are likely interested in call options, anticipating the asset's price to rise in the coming months following the launch of an ETH-ETF.
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Solana Unveils New Tool for Transactions via Links
๐ Solana has launched a new tool called Actions, designed to transform any website or app into a gateway for cryptocurrency transactions.
๐งโ๐ป Developers have also announced the introduction of blinks (blockchain links), which allow a URL to serve as the starting point for a crypto transaction on the Solana blockchain.
๐ These tools enable users to initiate transactions directly from links shared on social media or websites.
Crypto News | Lessonsโ
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๐ Solana has launched a new tool called Actions, designed to transform any website or app into a gateway for cryptocurrency transactions.
๐งโ๐ป Developers have also announced the introduction of blinks (blockchain links), which allow a URL to serve as the starting point for a crypto transaction on the Solana blockchain.
๐ These tools enable users to initiate transactions directly from links shared on social media or websites.
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Marathon Digital Expands Mining Beyond Bitcoin
๐ Marathon Digital Holdings has ventured into Kaspa (KAS) mining to diversify its revenue streams, emphasizing it's not abandoning Bitcoin.
๐ "Kaspa will only constitute 1% of our total capacity," assured Marathon's VP of Investor Relations, Robert Semyuels.
The initiative aims for "higher margins," potentially up to 95% with Kaspa mining machines.
๐ Since launching Kaspa ASIC devices in September 2023, Marathon has mined 93 million KAS ($16 million). KAS tokens surged 420% since then, outperforming Bitcoin's 135% rise.
Kaspa ranks fifth in Proof-of-Work assets, mineable with specialized hardware, boasting a market cap exceeding $4.2 billion. ๐ฐ
Following the announcement, KAS saw daily growth rates of 11%, with trading volume up 155%.
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๐ Marathon Digital Holdings has ventured into Kaspa (KAS) mining to diversify its revenue streams, emphasizing it's not abandoning Bitcoin.
๐ "Kaspa will only constitute 1% of our total capacity," assured Marathon's VP of Investor Relations, Robert Semyuels.
The initiative aims for "higher margins," potentially up to 95% with Kaspa mining machines.
๐ Since launching Kaspa ASIC devices in September 2023, Marathon has mined 93 million KAS ($16 million). KAS tokens surged 420% since then, outperforming Bitcoin's 135% rise.
Kaspa ranks fifth in Proof-of-Work assets, mineable with specialized hardware, boasting a market cap exceeding $4.2 billion. ๐ฐ
Following the announcement, KAS saw daily growth rates of 11%, with trading volume up 155%.
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Common Mistakes
โ I bought the bag with $100.
โ๏ธ I bought the bag for $100.
โ Who is in the phone.
โ๏ธ Who is on the phone.
โ The sun rises from the east.
โ๏ธ The sun rises in the east.
โ I can't agree to you on this matter.
โ๏ธ I can't agree with you on this matter.
โ He reached at the airport at 3am.
โ๏ธ He reached the airport at 3am.
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The co-founder of Kraken donated $1 million in crypto to Donald Trump's pre-election campaign
๐ฐ The co-founder of Kraken, Jess Powell, donated $1 million, primarily in ETH, to Donald Trump's pre-election campaign.
He stated his support for "pro-crypto major party candidate".
Powell concluded his announcement with the hashtag #freeross, referencing Trump's promise to pardon Silk Road founder Ross Ulbricht. ๐ดโโ ๏ธ
Previously, Gemini founders Cameron and Tyler Winklevoss donated $2 million in Bitcoin to Trump. However, part of the funds was returned due to exceeding the maximum allowable donation.๐ง
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๐ฐ The co-founder of Kraken, Jess Powell, donated $1 million, primarily in ETH, to Donald Trump's pre-election campaign.
He stated his support for "pro-crypto major party candidate".
Powell concluded his announcement with the hashtag #freeross, referencing Trump's promise to pardon Silk Road founder Ross Ulbricht. ๐ดโโ ๏ธ
Previously, Gemini founders Cameron and Tyler Winklevoss donated $2 million in Bitcoin to Trump. However, part of the funds was returned due to exceeding the maximum allowable donation.๐ง
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Court Dismisses Some SEC Charges Against Binance and Changpeng Zhao
โ๏ธ The court has partially dismissed the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance, though most of the charges will still be reviewed.
The court granted the exchangeโs motion to dismiss the regulatorโs claims regarding secondary sales of the BNB token, the offering of the BUSD stablecoin, and the Simple Earn product. ๐ฐ
๐ However, the review of SEC's charges related to the ICO and subsequent sales of BNB by the platform, the BNB Vault program, failure to register, and non-compliance with anti-fraud regulations will continue. The same applies to the staking service on Binance.US.
๐คท The charges against former Binance head Changpeng Zhao, alleging that he violated the Exchange Act as a controlling person, remain in the case.
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โ๏ธ The court has partially dismissed the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance, though most of the charges will still be reviewed.
The court granted the exchangeโs motion to dismiss the regulatorโs claims regarding secondary sales of the BNB token, the offering of the BUSD stablecoin, and the Simple Earn product. ๐ฐ
๐ However, the review of SEC's charges related to the ICO and subsequent sales of BNB by the platform, the BNB Vault program, failure to register, and non-compliance with anti-fraud regulations will continue. The same applies to the staking service on Binance.US.
๐คท The charges against former Binance head Changpeng Zhao, alleging that he violated the Exchange Act as a controlling person, remain in the case.
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More Info
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Tether Enables Filipinos to Pay Social Contributions with USDT
๐ค Tether has partnered with the Uquid platform to allow Filipinos to pay their social contributions using USDT on the TON blockchain.
๐ต๐ญ The Philippine Social Security System is a government program that provides social services and insurance for workers across various sectors of the economy, including formal, informal, and private sectors.
Crypto News | Lessonsโ
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๐ค Tether has partnered with the Uquid platform to allow Filipinos to pay their social contributions using USDT on the TON blockchain.
๐ต๐ญ The Philippine Social Security System is a government program that provides social services and insurance for workers across various sectors of the economy, including formal, informal, and private sectors.
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๐ฉ๐ช The German government has transferred another 400 BTC ($25.2 million) to the crypto exchanges Bitstamp, Coinbase, and Kraken. โ Arkham
German authorities have deposited 2700 BTC ($170 million) to exchanges in the past two weeks. ๐ง
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German authorities have deposited 2700 BTC ($170 million) to exchanges in the past two weeks. ๐ง
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Uniswap Wallet will add fiat support through a partnership with Transak
๐ฆ Developers of the non-custodial Uniswap Wallet will enable cryptocurrency purchases with fiat using Apple Pay, Google Pay, and bank cards. This is made possible through a partnership with payment company Transak.
๐ค The collaboration eliminates the need for fund transfers from centralized exchanges and potentially lowers barriers for new users. They can expect a 'smooth and intuitive DeFi onboarding experience.'
Transak offers 'a vast array of global and local payment methods' across 160 countries worldwide.
Uniswap Wallet will also integrate with a 'sibling' DEX, facilitating token exchange and trading within the application.
Crypto News | Lessonsโ
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๐ฆ Developers of the non-custodial Uniswap Wallet will enable cryptocurrency purchases with fiat using Apple Pay, Google Pay, and bank cards. This is made possible through a partnership with payment company Transak.
๐ค The collaboration eliminates the need for fund transfers from centralized exchanges and potentially lowers barriers for new users. They can expect a 'smooth and intuitive DeFi onboarding experience.'
Transak offers 'a vast array of global and local payment methods' across 160 countries worldwide.
Uniswap Wallet will also integrate with a 'sibling' DEX, facilitating token exchange and trading within the application.
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After a 'red' June for Bitcoin, a typically 'green July' tends to follow, considering BTC returns from 2013 to 2023. - Coinglass.
๐ Let's see if this trend continues.
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๐ Let's see if this trend continues.
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Other ways to say - It's cold ๐ฅถ
โ๏ธ It's freezing!
โ๏ธ It's so chilly out here.
โ๏ธ I can see my breath, it's that cold.
โ๏ธ I'm shivering, it's freezing.
โ๏ธ It's bone-chillingly cold.
โ๏ธ I can't feel my fingers, it's so cold.
โ๏ธ The cold is biting today.
โ๏ธ It's frosty.
โ๏ธ It's teeth-chattering cold.
โ๏ธ It's numbingly cold.
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โ๏ธThe Most Popular Scam Method in the Second Quarter โ๏ธ
๐ The most common way cryptocurrency users were scammed was through the honeypot scheme. ๐ฏ๐งธ In this scheme, investors are lured into buying useless and illiquid assets that cannot be sold. ๐คท
Scammers create a smart contract and entice victims with promises of high returns, aggressively pushing them to buy. After purchasing the asset, users see the price rising and are in no rush to sell.
However, when they eventually decide to sell, they discover that selling the tokens is impossible. The scammer then withdraws the victims' funds. Even experienced investors often fail to recognize honeypot schemes. ๐ค
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๏ธ
๐ The most common way cryptocurrency users were scammed was through the honeypot scheme. ๐ฏ๐งธ In this scheme, investors are lured into buying useless and illiquid assets that cannot be sold. ๐คท
Scammers create a smart contract and entice victims with promises of high returns, aggressively pushing them to buy. After purchasing the asset, users see the price rising and are in no rush to sell.
However, when they eventually decide to sell, they discover that selling the tokens is impossible. The scammer then withdraws the victims' funds. Even experienced investors often fail to recognize honeypot schemes. ๐ค
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JUST IN: ๐ท๐บ Russian authorities plan to legalize stablecoins for cross-border payments โ Deputy Chairman of the Central Bank of the Russian Federation.
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Today is Independence Day in the USA
โฌ๏ธ Hereโs what Bitcoinโs price was on this day in different years (this chart was obviously made in advance, today it's already $57,000 ๐).โฌ๏ธ
๐ But it seems the US government ran out of money for fireworks and decided to sell some more Bitcoin. Today, they transferred nearly 250 BTC (over $14 million) to an unknown wallet!
Crypto News | Lessonsโ
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โฌ๏ธ Hereโs what Bitcoinโs price was on this day in different years (this chart was obviously made in advance, today it's already $57,000 ๐).โฌ๏ธ
๐ But it seems the US government ran out of money for fireworks and decided to sell some more Bitcoin. Today, they transferred nearly 250 BTC (over $14 million) to an unknown wallet!
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Hong Kong Criminals Demand 660,000 USDT for Childโs Ransom
๐ฅท On July 3rd, a group of individuals orchestrated the kidnapping of a three-year-old boy from a shopping mall in Hong Kong, demanding a ransom of 660,000 USDT. ๐ Local media reports confirm the incident.
The abduction was captured on surveillance cameras, showing a man leading the child away while covering his mouth with a cloth. ๐ก
๐บThe kidnappers then contacted the boy's parents via Telegram, urging them not to call the police โfor the safety of the child.โ To secure the boyโs release, the criminals demanded the parents buy USDT โon the over-the-counter marketโ and transfer the funds to their wallet.
๐ต๏ธโโ๏ธ Police officers from the Organized Crime and Triad Bureau took on the investigation, although it is unclear who informed them about the kidnapping.
๐ฎโโ๏ธOn the morning of July 4th, authorities reported the successful arrest of two suspects and the rescue of the child. The police have not yet released further details.
Crypto News | Lessonsโ
๏ธ
๐ฅท On July 3rd, a group of individuals orchestrated the kidnapping of a three-year-old boy from a shopping mall in Hong Kong, demanding a ransom of 660,000 USDT. ๐ Local media reports confirm the incident.
The abduction was captured on surveillance cameras, showing a man leading the child away while covering his mouth with a cloth. ๐ก
๐บThe kidnappers then contacted the boy's parents via Telegram, urging them not to call the police โfor the safety of the child.โ To secure the boyโs release, the criminals demanded the parents buy USDT โon the over-the-counter marketโ and transfer the funds to their wallet.
๐ต๏ธโโ๏ธ Police officers from the Organized Crime and Triad Bureau took on the investigation, although it is unclear who informed them about the kidnapping.
๐ฎโโ๏ธOn the morning of July 4th, authorities reported the successful arrest of two suspects and the rescue of the child. The police have not yet released further details.
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