Tether Recovers $108.8M in USDT Linked to Illicit Activity Since 2014

🔎 Since 2014, Tether has successfully redistributed $108.8 million in USDT that was involved in illicit activities. This effort underscores Tether's commitment to maintaining security and integrity in the stablecoin market.

💪 By taking swift action, Tether continues to reinforce trust and safety within the crypto ecosystem.

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🤓 Fed Chairman Jerome Powell hinted that they are ready to cut rates.

He emphasized that the Fed does not want further measures to lead to a weakening of the labor market, and also noted that inflation continues to decline and is moving towards the target level of 2%.

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Bitcoin's Coinbase premium hit a 39-day high as the price reclaimed $63K. The Coinbase Premium Index, which measures the gap between $BTC prices on Coinbase Pro vs Binance, reached 0.0114 - its highest since July 15. This suggests increased US investor demand.

The surge in demand followed Fed Chair Jerome Powell's speech at Jackson Hole, where he indicated that interest rate cuts were likely, though no specific timeline was given.

Do you think $BTC will surge further this coming week?

👍 Yes

👎 No

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⚡️ BREAKING: $TON ❄️ flips $DOGE 🐶 in market cap to become the 8th largest cryptocurrency in the world.

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🇸🇻 Arkham Intelligence reports that the wallet that is attributed to the El Salvador government, now holds 5,851 Bitcoin, valued at roughly $356.4 million 🔥

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💰 𝑩𝒊𝒕𝒄𝒐𝒊𝒏 𝑳𝒊𝒒𝒖𝒊𝒅𝒂𝒕𝒊𝒐𝒏 𝑨𝒍𝒆𝒓𝒕 🚨🚨
 
$𝟭.𝟮𝟴 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 worth of Shorts will get liquidated if BTC hits $70,000 
 
$𝟯.𝟭𝟴 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 worth of Longs will get liquidated if BTC Hits $59,000

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✊Buterin and Musk supported Pavel Durov

Elon Musk posted a post on his Twitter with the hashtag FreeDurov.

🤨 Vitalik Buterin expressed concern for the European software market amid Durov's arrest, although he had previously criticized Telegram for its frivolous attitude to encryption.

🤔According to the government's logic, Musk and Zuckerberg can be seated next to Durov, since similar violations can be found in every messenger .

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Ethereum Staking Amount Surpasses 34 Million $ETH

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🗣 Shiba Inu’s marketing head has shared plans for a DAO that will allow SHIB holders to have a say in the future direction of the memecoin project.

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Justin Sun has called for a DAO to support Pavel Durov and is personally ready to donate $1,000,000.

.“Telegram is critical to the freedom of communication and privacy of billions of people. I hope it will soon receive legal freedom and provide a legal way to protect the rights of users.”

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📝 According to a survey, women consider cryptocurrency one of the least attractive hobbies for men — even less attractive than watching anime or reading comics. 🙀

The only thing less appealing than crypto enthusiasts is Funko Pop collectors! 🤔

Hey, folks, do you think you're attractive?

▪️ Yes, I'm just a handsome devil the world has never seen! - 👍

▪️ No, I even close my eyes while brushing my teeth to avoid seeing my reflection in the mirror — I'm that ugly! 😁

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🇦🇷 JUST IN: Argentina has introduced Ethereum and blockchain technology education into Buenos Aires high schools, aiming to equip students with the skills needed for a tech-driven economy and future career opportunities.

Would you study crypto in high school?

🔥 - Yes, it's a DREAM!
🌚 - No way!

@Cryptocurrency_Inside