Bitcoin Miners Dump $55 Million Worth of $BTC
Bitcoin ($BTC) miners have sold some 2,000 coins worth around $55 million over a single 24-hour period,
Bitcoin miner reserves have dropped by more than 2,000 BTC over the past 24-hour period, suggesting miners – who help secure the blockchain and earn block rewards in return – have dumped $55 million worth of Bitcoin on the market.
Bitcoin ($BTC) miners have sold some 2,000 coins worth around $55 million over a single 24-hour period,
Bitcoin miner reserves have dropped by more than 2,000 BTC over the past 24-hour period, suggesting miners – who help secure the blockchain and earn block rewards in return – have dumped $55 million worth of Bitcoin on the market.
❗️ Apple ID can steal crypto from your wallet
According to a study conducted by security agency DilationEffect, acquiring someone else's Apple ID can cause crypto to be lost from your wallet, as attackers can recover data and conduct theft.
Currently, there is an active use of this theft method by major criminal groups, and the total amount of stolen coins has already exceeded $10 million.
⚠️If you have a wallet installed on your IPhone, but the Apple ID is not yours, stop using it.
According to a study conducted by security agency DilationEffect, acquiring someone else's Apple ID can cause crypto to be lost from your wallet, as attackers can recover data and conduct theft.
Currently, there is an active use of this theft method by major criminal groups, and the total amount of stolen coins has already exceeded $10 million.
⚠️If you have a wallet installed on your IPhone, but the Apple ID is not yours, stop using it.
💰 #LTC looks about to shit the bed😬
Crossing below the important confluence of 61.8% Fib + s/r trendline🔻
Btw the weakness in PA does make it even more bearish (bulls did not even manage for retest of the major supply this time)
Shorting if breakout below the mentioned confluence gets confirmed📉
Crossing below the important confluence of 61.8% Fib + s/r trendline🔻
Btw the weakness in PA does make it even more bearish (bulls did not even manage for retest of the major supply this time)
Shorting if breakout below the mentioned confluence gets confirmed📉
📢 Bitcoin Whale Alert!
A significant movement of 31,000 BTC has raised concerns about price momentum. Will this result in a BTC dump? 🐋🐋
According to blockchain intelligence firm Arkham, a prominent trading firm transferred over $822 million worth of BTC to their cold wallets. Binance played a crucial role in facilitating this transaction.
Such whale movements can have a significant impact on the market, affecting buy/sell orders and potentially manipulating prices. Bitcoin is currently down 1.87% in the last 24 hours, hovering around $26,135.84 USD.
Let's analyze the market together and share insights! 🚀📉
A significant movement of 31,000 BTC has raised concerns about price momentum. Will this result in a BTC dump? 🐋🐋
According to blockchain intelligence firm Arkham, a prominent trading firm transferred over $822 million worth of BTC to their cold wallets. Binance played a crucial role in facilitating this transaction.
Such whale movements can have a significant impact on the market, affecting buy/sell orders and potentially manipulating prices. Bitcoin is currently down 1.87% in the last 24 hours, hovering around $26,135.84 USD.
Let's analyze the market together and share insights! 🚀📉
TOTAL MARKET CAPITALIZATION ANALYSIS
Total market capitalization is moving in a long symmetrical triangle. Currently it has bounced off its trend line support. The RSI is in the oversold region and displays a bullish divergence.
The MACD crossover is showing a tightening phase. A solid break of the symmetrical triangle would confirm an expansionary move in the market.
Total market capitalization is moving in a long symmetrical triangle. Currently it has bounced off its trend line support. The RSI is in the oversold region and displays a bullish divergence.
The MACD crossover is showing a tightening phase. A solid break of the symmetrical triangle would confirm an expansionary move in the market.
Tokensale on Coinlist 🪙
⠀
Neon is an Ethereum Virtual Machine (EVM) on Solana that enables Ethereum compatibility with the Solana blockchain.
➡️ The sale begins June 8, 2023 at 5:00 PM and has one public option:
• Offer: 50,000,000 tokens;
• Allocation: $500;
• Price: $0.10 per token;
• Lock and Release: 100% unlocked on July 17, 2023;
• Number of seats: 10,800 (that's assuming each participant drops in $500.
➡️ Test answers when registering:
1. 50,000,000
2. Users in the waiting room for the sale will
3. Neon is an EVM that allows Ethereum dApps to function within Solana
4. USDC, USDT
5. $0.10 per token, $500 max purchase amount
6. The user's purchase may be canceled
7. CoinList.co
8. The user's account will be terminated and all purchases will be canceled
➡️ Registration ends June 5th at 12:00 UTC: https://sales.coinlist.co/neon/
⠀
Neon is an Ethereum Virtual Machine (EVM) on Solana that enables Ethereum compatibility with the Solana blockchain.
➡️ The sale begins June 8, 2023 at 5:00 PM and has one public option:
• Offer: 50,000,000 tokens;
• Allocation: $500;
• Price: $0.10 per token;
• Lock and Release: 100% unlocked on July 17, 2023;
• Number of seats: 10,800 (that's assuming each participant drops in $500.
➡️ Test answers when registering:
1. 50,000,000
2. Users in the waiting room for the sale will
3. Neon is an EVM that allows Ethereum dApps to function within Solana
4. USDC, USDT
5. $0.10 per token, $500 max purchase amount
6. The user's purchase may be canceled
7. CoinList.co
8. The user's account will be terminated and all purchases will be canceled
➡️ Registration ends June 5th at 12:00 UTC: https://sales.coinlist.co/neon/
💰 A descending triangle pattern is printed on #bitcoin. Breakout to the upside only has a 20% chance, while breaking down 80% chances likely.
Holding shorts for now, Upside breakout level to watch is $28k, And current support is at $26k - $25k.
Holding shorts for now, Upside breakout level to watch is $28k, And current support is at $26k - $25k.
📌XRP Whale Transfers Huge Amount of Xrp In Exchanges
➡️Two significant XRP whale addresses have recently made substantial transfers to Bitstamp and Binance.
The transfers have coincided with Ripple’s unlocking of 1 billion tokens for June.
The on-chain investigation has hinted at a potential association between one of the whale addresses and Ripple.
➡️
Two noteworthy addresses associated with Xrp Whales have recently made substantial transfers of approximately 100 million xrp, equivalent to $51 million, to the popular cryptocurrency exchanges Bitstamp and Binance
➡️Two significant XRP whale addresses have recently made substantial transfers to Bitstamp and Binance.
The transfers have coincided with Ripple’s unlocking of 1 billion tokens for June.
The on-chain investigation has hinted at a potential association between one of the whale addresses and Ripple.
➡️
Two noteworthy addresses associated with Xrp Whales have recently made substantial transfers of approximately 100 million xrp, equivalent to $51 million, to the popular cryptocurrency exchanges Bitstamp and Binance
BTC volatility is lower than Meta and Amazon, but higher than gold and Apple
Volatility shows the rate of change in the price of an asset over a period. The higher it is, the more the price can change and the riskier the investment in this asset
📊The value of the average 30-day volatility:
⚡️ Gold - 15%
⚡️ Apple - 23%
⚡️ Bitcoin - 32%
⚡️ Amazon - 40%
⚡️ Meta - 49%
Volatility shows the rate of change in the price of an asset over a period. The higher it is, the more the price can change and the riskier the investment in this asset
📊The value of the average 30-day volatility:
⚡️ Gold - 15%
⚡️ Apple - 23%
⚡️ Bitcoin - 32%
⚡️ Amazon - 40%
⚡️ Meta - 49%
The Securities and Exchange Commission (SEC) has filed a case against Binance, the largest global cryptocurrency exchange.
According to the SEC, Binance has been accused of intermingling customer funds amounting to billions of dollars and covertly transferring them to a distinct company, Merit Peak Limited. This company is reportedly under the control of Binance’s founder, Changpeng Zhao, who is widely known in the cryptocurrency world as “C.Z.”
The charges also implicate the firm is misleading investors about its ability to manage manipulative trading and insufficiently restricting U.S. investors' access to its unregulated exchange.
According to the SEC, Binance has been accused of intermingling customer funds amounting to billions of dollars and covertly transferring them to a distinct company, Merit Peak Limited. This company is reportedly under the control of Binance’s founder, Changpeng Zhao, who is widely known in the cryptocurrency world as “C.Z.”
The charges also implicate the firm is misleading investors about its ability to manage manipulative trading and insufficiently restricting U.S. investors' access to its unregulated exchange.
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📺 Polygon Labs president testifies on democratizing the internet with Web3, blockchains:
"When regulation does not meet novel technology where it is, the U.S. loses its competitive edge over other countries".
"When regulation does not meet novel technology where it is, the U.S. loses its competitive edge over other countries".
🔻More than half of the Bitcoin (BTC) held on cryptocurrency exchanges has been transferred outside of the United States in response to regulatory factors.
➡️As a result of ambiguous regulations in the United States, a significant portion of the bitcoin (BTC) held by cryptocurrency firms on behalf of their customers has been transferred to offshore and international exchanges. A research report from CryptoQuant, which was shared with CryptoPotato, reveals that BTC reserves on U.S.-based crypto exchanges have declined to levels comparable to those seen in 2017, as these funds are being redirected to platforms located outside the United States.
➡️As a result of ambiguous regulations in the United States, a significant portion of the bitcoin (BTC) held by cryptocurrency firms on behalf of their customers has been transferred to offshore and international exchanges. A research report from CryptoQuant, which was shared with CryptoPotato, reveals that BTC reserves on U.S.-based crypto exchanges have declined to levels comparable to those seen in 2017, as these funds are being redirected to platforms located outside the United States.
📊 Big Week Ahead:
This week, the US🇺🇸 , Europe 🇬🇧 , and Japan 🇯🇵 will all announce central bank interest rate decisions.
CME expects a 75% probability that the Fed will not raise interest rates on June 14, and a 24% probability that it will raise 25bps.
In addition, the US CPI for May will be announced this week before the #FOMC.
This week, the US🇺🇸 , Europe 🇬🇧 , and Japan 🇯🇵 will all announce central bank interest rate decisions.
CME expects a 75% probability that the Fed will not raise interest rates on June 14, and a 24% probability that it will raise 25bps.
In addition, the US CPI for May will be announced this week before the #FOMC.
Vitalik Buterin has posted a new article "The Three Transitions" 🔤
ㅤ
In it he highlighted three important aspects:
1️⃣ L2 expansion is vital for Ethereum scalability. With the manifestation of Optimistic Rollup and Zero Knowledge-Rollup solutions, which help reduce transaction costs, most activity is still happening on the core network, which means we need to push development and scalability to L2. Otherwise, the Ethereum network could suffer from increased transaction fees, especially during bull market periods.
2️⃣ Wallet security needs to be improved to increase user trust. For security reasons, users may stop keeping their funds on the Ethereum network and will go to CEXs, which is very bad for DEXs.
3️⃣ Increased privacy is necessary for further Ethereum adoption, both for standard funds transfer and for its other applications. He noted that public transactions "are too expensive for users, so everyone is moving to centralized solutions that hide personal data to at least some degree." To combat this, Buterin suggested introducing hidden-address protocols to increase privacy.
Original article here ⬅️
ㅤ
In it he highlighted three important aspects:
1️⃣ L2 expansion is vital for Ethereum scalability. With the manifestation of Optimistic Rollup and Zero Knowledge-Rollup solutions, which help reduce transaction costs, most activity is still happening on the core network, which means we need to push development and scalability to L2. Otherwise, the Ethereum network could suffer from increased transaction fees, especially during bull market periods.
2️⃣ Wallet security needs to be improved to increase user trust. For security reasons, users may stop keeping their funds on the Ethereum network and will go to CEXs, which is very bad for DEXs.
3️⃣ Increased privacy is necessary for further Ethereum adoption, both for standard funds transfer and for its other applications. He noted that public transactions "are too expensive for users, so everyone is moving to centralized solutions that hide personal data to at least some degree." To combat this, Buterin suggested introducing hidden-address protocols to increase privacy.
Original article here ⬅️
🟢 MakerDAO purchases $700 million in Treasury bonds, grows holdings to $1.2 billion — link
⛔️ Important points to note about #PrimeTrust :
1. The planned acquisition of Prime Trust by #BitGO has been canceled.
2. Prime Trust has filed for bankruptcy and has received a cease and desist order from Nevada regulators.
3. Prime Trust serves as the custodian partner for BinanceUS, #CoinMetro, and TUSD assets.
4. There have been concerns raised about the creation of a significant amount of TUSD out of thin air, and Binance has introduced incentives to encourage users to trade with TUSD.
5. Users have received emails from #TUSD informing them that they can no longer redeem or create new TUSD due to issues related to Prime Trust.
6. On #BinanceUS, USDT has experienced a depegging, and #BNB is facing challenges in maintaining a price above $250 despite a positive market trend.
Recent pump could be a bull trap!
1. The planned acquisition of Prime Trust by #BitGO has been canceled.
2. Prime Trust has filed for bankruptcy and has received a cease and desist order from Nevada regulators.
3. Prime Trust serves as the custodian partner for BinanceUS, #CoinMetro, and TUSD assets.
4. There have been concerns raised about the creation of a significant amount of TUSD out of thin air, and Binance has introduced incentives to encourage users to trade with TUSD.
5. Users have received emails from #TUSD informing them that they can no longer redeem or create new TUSD due to issues related to Prime Trust.
6. On #BinanceUS, USDT has experienced a depegging, and #BNB is facing challenges in maintaining a price above $250 despite a positive market trend.
Recent pump could be a bull trap!
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Billionaire and legendary Wall Street fund manager Paul Tudor Jones says, "Bitcoin is the only thing humans can’t adjust the supply in. I'm going to stick with it."
"I’m going to always stick with
bitcoin”