Now that's support 🫡

The founders of the cryptocurrency exchange Gemini have declared their support for Republican presidential candidate Donald Trump and donated $1 million each in Bitcoin to his campaign.

CryptoFam
#team #cryptofam

💸 Oh, someone's got to pay up

Binance will pay a $2.3 million fine for anti-money laundering violations in India. The Indian Financial Intelligence Unit (FIU) fined the crypto exchange for providing services to local clients without adhering to anti-money laundering regulations.

CryptoFam
#binance #cryptofam

❗️ Cryptocurrency market today: BTC and ETH fell a bit, but our heroes continue to fight! BTC has fallen to $64,600. ETH is trading just above $3,500.

📈 Growth: Core and LDO show an 8% gain, while IMX and SUI are up 4%.
📉 Falling: ZRO is down 16%, while JASMY and ZK are down 9% and 7% respectively. Things are a little less good for AKT, WIF, NOT, FLR, RNDR, AR, ICP and BEAM, which are down 5% to 6%.

CryptoFam
#market #cryptofam

The price of Ethereum (ETH) dropped below $3300, decreasing by 4.91% in the last 24 hours. Yesterday, ETH was trading at $3300.48999.

Indeed, it managed to rise only to fall back down again. 🎢

CryptoFam
#ETH #cryptofam

American company Consensys, the developer of the MetaMask wallet, has sent a letter to the IRS requesting a delay in implementing new reporting rules, stating that they "create additional financial pressure on the crypto market." 🫨

CryptoFam
#Mask #cryptofam

What a pig in a poke 🐷

The Washington State regulator warns investors about the "Pig Butchering" cryptocurrency scam.

DFI of Washington State has warned about a scam involving the Fameex platform, where an investor lost $200,000 after investing in ETH and USDT. Fameex requested a commission of $84,000, but the funds were never returned.

This could be a "Pig Butchering" or "Advance Fee Fraud" scheme.

CryptoFam
#USDT #cryptofam

Mexican cartels use cryptocurrencies to produce fentanyl

How surprising and expected 🤷🏻

FinCEN stated that Mexican cartels actively use BTC, XMR, and ETH to purchase ingredients for fentanyl. According to the regulator, cryptocurrencies are used to buy fentanyl precursors and equipment from Chinese companies.

CryptoFam
#crypto #cryptofam

The cryptocurrency market is a bit quiet today. Bitcoin is down slightly to $64,538.84, losing 0.14%, while Efirium is up slightly to $3,514.32 (+0.02%).

🟢 Here's who's rising: SOL - $136.06 (+2.41%), BNB - $588.11 (+0.18%), XRP - $0.49 (+1.32%)

🔴 And here's who's down: ADA - $0.38 (-3.42%), AVAX - $25.32 (-9.29%), DOT - $5.60 (-2.28%), APT - $6.05 (-2.19%) and so on, ranging from -5% to -18%.

CryptoFam
#market #cryptofam

The price of Arbitrum (ARB) is nearing a new all-time low 🤷🏻

The price of Arbitrum (ARB) is falling to a new all-time low, but token holders remain optimistic. According to Santiment, sentiment for ARB has turned positive for the first time in three months.

CryptoFam
#ARB #cryptofam

In January, the SEC finally approved the first spot Bitcoin ETFs, attracting billions of dollars and preparing the market for the next bull rally. However, current ETF issuers are not ready for large inflows and managing assets with cryptographic keys. 🫡

The main issue is security.

CryptoFam
#ETF #cryptofam

Messari calls Nervos CKB a cool upgrade for Bitcoin

Messari released a review of Nervos (CKB), praising it for improving Bitcoin. Nervos uses its blockchain and RGB++ protocol to solve scalability and programming issues. It helps create complex applications and transactions while maintaining security and decentralization.

Do we believe it? 🤔

CryptoFam
#BTC #cryptofam

The Nigerian Securities and Exchange Commission is revising rules for virtual asset service providers, requiring them to complete the application process within 30 days.

Complete all the paperwork in a month, and welcome to the world of crypto! Great plan 👌🏻

CryptoFam
#binance #cryptofam

Today on the cryptocurrency market it seems as if the whole world has frozen. Bitcoin is down a bit to $64,546.61 (-0.05%), but ETH has some growth - now $3,519.53 (+0.09%).

🟢 Well, those that are growing, not so much: BNB: $592.706 (+0.66%), ADA soared a bit to $0.390009 (+3.575%), AVAX holds on to $25.7752 (+2.21%), DOGE increased to $0.124862 (+0.15%), TON is on fire - it became $7.6246 (+6.01%).

🔴 But more assets are down today with SOL falling to $134.846 (-1.08%), LINK and WEETH also going down - $13.6065 (-1.99%) and $3,653.04 (-0.13%) respectively. LEO and APT are also down - $5.7475 (-0.19%) and $6.9703 (-0.87%)

CryptoFam
#market #cryptofam

South African tax authorities are actively auditing crypto traders for compliance. Crypto enthusiasts, prepare for the tax inspectors!

Tax inspectors will be tax inspectors, they've even reached cryptocurrencies! 🕵️‍♂️

CryptoFam
#crypto #cryptofam

Analysts predict that Bitcoin could rise to $200K by 2025 despite recent price drops. Bitcoin recently fell to $63,400, but analysts at Bernstein Research believe that spot ETFs will help push the price to $200,000.

Wow, back to the moon! Let's hope it works this time 🚀

CryptoFam
#BTC #cryptofam

Today we can note the following changes in the cryptocurrency market:

✳️ The first group of assets increased by 0.09%.
✳️ The second group showed a growth of 0.48%.
✳️ The third group added 0.20%.

Despite the overall growth, some sectors still declined. For example, the last group fell by 0.07%.

Most sectors are stable or slightly growing, and the total global market capitalization is $25 trillion.

CryptoFam
#crypto #cryptofam

A man from Colorado pleaded guilty to cryptocurrency fraud amounting to $2.2 million. Robert Wesley Robb deceived investors by promising high returns from a crypto bot but instead spent their money on personal needs. He faces up to 20 years in prison.

Selling a crypto bot and spending it on a vacation. Great plan, Robert! 🏖🚓

CryptoFam
#crypto #cryptofam

Satoshi Nakamoto is not one person?

A new theory suggests that the founder of Bitcoin could be three people. Evidence points to their participation in the Crypto '98 conference in California and their work at IBM.

No wonder Satoshi is such a genius — it's a team effort! 🧠

CryptoFam
#bitcoin #cryptofam

It's not a rosy picture in the cryptocurrency market today. Bitcoin fell to $62,636.80 (-2.96%) and Efirium to $3,371.51 (-4.27%).

🟢The assets that rose slightly include LEO: $5,779 (+0.20%).

🔴And here are the assets that showed a decline: BNB: $568.234 (-4.29%), SOL: $124.727 (-7.41%), ADA: $0.37179 (-4.67%), AVAX: $24.3453 (-5.95%), XRP: $0.470875 (-3.73%), SHIB: $0.000017 (-6.31%), DOT: $5.5974 (-3.17%).

So, negative dynamics prevails in the crypto market today, and most of the assets are going down.

CryptoFam
#market #cryptofam

The value of Donald Trump's crypto assets has dropped by 70% since the beginning of the month — a loss of $15 million.

Poor grandpa 😅

CryptoFam
#Trump #cryptofam

The South Korean think tank warns about the dangers of crypto ETFs. They believe that launching such ETFs could undermine the country's financial stability by attracting significant capital to the crypto market and worsening liquidity.

Looks like crypto ETFs are like a playground on a minefield, fun but dangerous! 💥🎢

CryptoFam
#ETF #cryptofam