Power Crypto Club
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#SBF, the founder of the collapsed exchange #FTX, has pleaded not guilty to fraud, money laundering & other charges‼️

👉 Federal prosecutors have charged Mr. Bankman-Fried with orchestrating a vast fraud that misappropriated billions of dollars in customer money from FTX. The authorities have also charged him with money laundering, bribing the Chinese government and overseeing an illegal campaign finance scheme that showered tens of millions of dollars on Democratic and Republican candidates.

https://www.nytimes.com/2023/05/08/technology/sam-bankman-fried-defense.html
💩 Mutt heads, macaques, toads... these stupid #memecoins definitely only have bad sides:
🚩are strictly useless.
🚩give a very bad image of the Crypto market.
🚩causing many victims who end up with bags that are impossible to get rid of except to find other victims.
🚩create communities of liars to try to get rid of their bags by attracting new victims.
🚩their market caps skew the Total Crypto Market Cap.
🚩make people stupid
🚩encourage speculators/scammers

Note: If someone tells you that they have won a lot with one of these #shitcoins, just ask for proof with a screenshot of their buy/sell orders, then don't worry if you never get it! 😂

⚠️ Either way, STAY AWAY from these #memecoins because only their creators and conniving whales can make big money, these are the same kind of scams as the "Pump&Dump" organized by small groups.
US Crypto Exchange #Bittrex filed for Bankruptcy Monday, months after announcing its intention to exit the US entirely.

👉 This only applies to Bittrex US, not Bittrex Global.

👉 This announcement does not affect Bittrex Global, which will continue to operate as normal for its customers outside of the United States.

⚠️ I have, personally, verified my own Bittrex account to confirm that the few cryptos I own on the exchange are #SAFU
🇺🇸 US Presidential candidate Robert Kennedy Jr: "Your bank account could be frozen because of your politics. That is why I oppose #CBDCs. That’s also why I support #Bitcoin".
#Bitcoin is Digital Property.
EU Council Unanimously Votes in Favor of #MiCA Legislation

After the EU Parliament's plenary vote on April 20, MiCA has cleared its last formal hurdle this morning.

It was adopted by the Council of the EU (EU member states) - a purely formal vote after the political agreements last year.

Next steps:
1) Publication in the official journal of the EU (shortly)
2) Entry into force 20 days after that
3) Entry into application
🔹12-month later for stablecoins (& stablecoin issuers)
🔹18-month later for other crypto-assets and CASPs

👉 Final MiCA text:
🌐 https://data.consilium.europa.eu/doc/document/PE-54-2022-INIT/en/pdf

👉 Today's Council of the EU press release:
🌐 https://consilium.europa.eu/en/press/press-releases/2023/05/16/digital-finance-council-adopts-new-rules-on-markets-in-crypto-assets-mica/
This week, the bitcoin mining company U.S. Bitcoin Corp revealed the firm has successfully secured hosting agreements with five different companies to install 150,000 application-specific integrated circuit (ASIC) bitcoin miners.

⚠️ On the one hand the American authorities are doing everything to kill the cryptos, and on the other they allow mass crypto mining.💩 Quelle bande de charlots ‼️

https://news.bitcoin.com/us-bitcoin-corp-secures-hosting-agreements-150000-bitcoin-miners/
🚩#Bitcoin Quick Update‼️

👉 Even if 2 traders can see the same graph differently and obtain different results... in the case of $BTC some guys are absolutely looking for all the reasons (even with no-sens!) to try to explain that its price should drop and below 20K... whereas since the beginning of the year, #BTC's price structure shapes a rather clean bullish channel respecting the different phases, with impulsive waves to breakout any resistance in order to reach higher prices but also by creating accumulation ranges for week/month(s), before seeing some pullbacks on previous high price supports to bounce from there and start a new cycle with same phases to bring #BTC price towards new highs slowly, BUT with confidence & solidity!
Have a nice Sunday everyone! ☀️🙏🏼
🚩#Ethereum Quick Update‼️
#Bitcoin is Digital Energy.
🇹🇭 Sawasdee Thailand!

Gulf Binance has now been granted digital asset operator licenses by Thailand's Ministry of Finance.

🔹Gulf Binance Co., Ltd. is a joint venture between Binance and Gulf.

🔹The joint venture has now received digital asset operator licenses from Thailand’s Ministry of Finance for a digital asset platform, regulated by the country’s Securities and Exchange Commission, and aims to launch operations in Thailand by Q4 2023.

🔹The partnership will combine Binance's digital asset expertise with Gulf's deep understanding of the Thai market to deliver the best value possible to users.
🚩#Bitcoin Quick Update‼️

👉 Consolidation is a phase where the price structure oscillates within a range. The trend is said to be sideways and may vary depending on circumstances BUT here in the case of BTC it is clearly an uptrend. Once this range is broken it can lead to larger moves, but until the range is intact the move cannot be clearly predicted >>> It's why most BTC analysis today are just a fully waste of time.

⚠️ The longer this period, the stronger the next impulse wave will be, reducing also the risk of a return to low prices.
IMPORTANT(1)‼️ As Hong Kong opens up to crypto trading, they are clear, no shitcoins there.

👉 Here is the list of potential candidates for listing there (source
https://twitter.com/invest_answers).

👉 It means that if you don't have at least 2/3 of your portfolio in this list, it may missed the next bullrun

🔅How about you? many do you have⁉️
IMPORTANT(2)‼️ China Opening: Top Crypto Picks for Max Gain!💰

👉 IA lethal combo of Debt Ceiling resolution, infinite dollars and folks front running the #China opening in #HongKong.
When the US DEBT CEILING is raised, the GAFAM Pop The Champagne 🥂because it's the green light for Wall Street to keep pushing the big caps to their outrageous excessive excesses as there are always a a few pennies to scratch, and it does not matter the next collapse to be even more violent and of more serious consequences for the economy and the world. They call it "The Americain Dream" until the day they end up in the street with their company stuffs box.
Hong Kong Narrative V2 - VASP License (for Virtual Asset Service Providers Passed)

TIER
1️⃣: Based in China, with high performance in H1 (10 cryptos selected)

TIER 2️⃣: Not China-based, but with notable Chinese ties (10 cryptos selected)

👉 Hong Kong's recent decision to let regular people trade crypto is a big step forward for the crypto market. This move is likely to bring more investors to the market, which will increase the demand for Chinese tokens which are already becoming more popular among investors in the region.

👉 So especially keep an eye on these 6 cryptos of Chinese origin which are always appreciated by Chinese investors:
🔹$BIT
🔹$CFX (selected)
🔹$IRIS (selected)
🔹$NEO (selected)
🔹$OKB
🔹$VET

⚠️ In the list of 20 selected cryptos, I'm happy to see $IOST as I still own a big bag after selling about 20% of my tokens with 1,800% gains.... then $COCOS & $SAND because in 2021 I had shared in our VIP channel, 2 exclusive winning signals that generated quick and huge profits.
Beijing Now Releases Web3 White Paper!

🔅Beijing released a white paper promoting #Wweb3 technology as the future of Internet industry development.

🔅The white paper does not cover cryptocurrencies but focuses on #AI and the #Metaverse.

🔅The paper was published days ahead of new Hong Kong crypto regulations taking effect, even it focuses more on the metaverse than blockchain.

👉 Crypto founders optimistic about Beijing news promoting #Web3 despite no mention of crypto.

👉 Binance’s #CZ, Huobi’s #JSun, and Animoca’s Yat Siu all touted the promising signs of Beijing’ ‘Internet 3.0’ white paper.

⚠️ China’s commitments to Hong Kong Crypto Regulations and now to Web3 reflects a significant step towards recognising the transformative potential of Decentralised Systems and Blockchain-based Solutions.
Well done China, you are getting ahead
👍
#Bitcoin is Champion.