πŸ”₯Crypto News - Crypto World
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Welcome! Here you will find the latest news about the crypto industryπŸ’°

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πŸ‡©πŸ‡ͺGerman government is selling Bitcoin again - today transferred 400 BTC ($24.3m) to Coinbase and Kraken exchanges

#Germany #BTC
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πŸ₯ΊOh, the compensations for Mt. Gox clients will actually be much less, something went wrong again!

The fact is that clients of the bankrupt cryptocurrency exchange Mt. Gox will receive compensations based on the value of their assets in 2014, which is $483 per BTC.

In total, all Mt. Gox clients will receive BTC worth $72 million, not $9 billion.

#scam #MtGox
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πŸ”₯Crypto News - Crypto World
πŸ‡―πŸ‡΅ Japanese company Metaplanet fully copies MicroStrategy's business scheme Earlier, it acquired 141 BTC and gave the first cryptocurrency the status of a major reserve asset. The company will issue $6.3 million in bonds maturing in 2025 and buy Bitcoin…
πŸ‘€Japanese company Metaplanet, which previously bought 141 BTC has created a subsidiary in the British Virgin Islands "to improve strategic Bitcoin management"

In other words the guys want to move the Bitcoin business to another jurisdiction.

#Metaplanet
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πŸͺ™ Solana Foundation presented a set of tools that "turns any website or application into a gateway for cryptocurrency transactions"

The developers also announced blockchain links, where the URL becomes the starting point for a crypto transaction on the Solana blockchain.

With these tools, users will be able to initiate transactions directly from a link posted on social media or websites.

#solana
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✌Don't miss any opportunity and get straight to the point:

There's a new game called CITY HOLDER.

While we're in the early stages, we can make the most out of it by simply inviting friends using the link.

πŸ”₯CITY HOLDER is a multiplayer strategy game on Telegram where we build and manage virtual cities and earn in-game tokens $CITY.

Here, we can determine the strategy and balance ourselves, compete in rankings with other players, and receive rewards for in-game achievements.

Join CITY HOLDER now using the link.

Our in-game achievements will carry real weight, as the developers are already actively negotiating the listing of the $CITY token on major cryptocurrency exchanges.
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🀨On 24 June, there were $174.45 million in outflows from spot Bitcoin-ETFs.

#ETF #BTC
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Forwarded from Sigma crypto chad
#ETH Update πŸ“ˆ

πŸ›‘ Resilience: So far, Ethereum is showing good resilience compared to Bitcoin. We've retested the main support at $3,200 and are currently holding above it.

πŸ” Key Levels: It's too early to draw conclusions, but if we manage to stay above $3,200-$3,300, long setups will come into play.

🎯 Potential Targets: Upon confirmation, we can start aiming for targets above $4,000.

πŸ“Š Altcoins: Alts are starting to look better, but the consolidation period might take some time before we can get bullish again.

🧘 Patience: Remember, it's crucial not to buy the absolute dip but to wait for confirmation of the reversal.

Stay tuned for updates and be ready to act on confirmations!

https://www.tradingview.com/x/VWM83ZQX/

Bybit | BingX | Million Dollar Pattern |
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😼 Meme tokens have become the most profitable sector of the crypto industry for the first half of 2024

#meme
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πŸ“£Important: Binance will stop trading the following spot trading pairs on 28 June: BLUR/FDUSD, LINK/TUSD, MEME/ETH, METIS/FDUSD, NFP/BNB, OSMO/BTC, SHIB/TUSD

#binance
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πŸ“ˆBybit's market share reached 16%

From October 2023 to June 2024, the market share of the cryptocurrency exchange Bybit increased from 8% to 16%. This growth allowed Bybit to surpass Coinbase and become the second-largest cryptocurrency exchange after Binance.

In comparison, Coinbase's market share grew by only 1% during the same period. OKX's share increased by 2%, while Binance's share decreased from 60% to 54%.

#Bybit
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🟒Blum - the relentlessly growing interest is leading the project steadily towards a listing on several influential exchanges.

If you are interested in the long term - pay attention.

Read more here πŸ—£
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πŸ‡¦πŸ‡ͺBinance has received a full VASP licence in Dubai

UAE residents will be migrated from Binance Global Exchange to the regional Binance FZE Exchange.

#UAE #VASP
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πŸ—“Deribit reported that $6.68bn worth of BTC options and $3.5bn worth of ETH options expire on 28 June

This represents more than 40% of the total open interest across all contracts, which equates to $23bn.

#BTC #ETH
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Bitcoin on Thin Ice: Exchange Reserves Plummet to 3-Year Low

Shrinking Stockpile: Data shows the total amount of Bitcoin on exchanges has hit a 3-year low, dropping from around 3 million in January 2024 to just 2.8 million by June 19th. This suggests less Bitcoin readily available for purchase.

Institutional Interest: This decline coincides with the launch of Bitcoin ETFs in the US. Big players like BlackRock, with its iShares Bitcoin Trust holding nearly 274,000 Bitcoins by June 6th, are adding to the demand. Inflows into digital asset funds, particularly Bitcoin-focused ones, reached $2 billion in May 2024. Globally, Bitcoin investment vehicles hold an estimated $73…

πŸ‘‰ Read More

#Bitcoin #Bitcoin_ETF #Total_Supply

bybit | bingx | okx | Trading AcademyπŸ’° | its-crypto.com
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πŸ’΅Arkham reports that the US government has transferred 3,940 BTC (~$241m) to the Coinbase exchange

#BTC #Arkham
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πŸ—ΏUS authorities are paying $5,000,000 for information about the founder of the OneCoin pyramid scheme, Ruja Ignatova

This is one of the largest financial pyramid schemes in history, which operated between 2014 and 2017. The organisers managed to attract around 3 million people who were defrauded of €4-15 billion according to various sources. Some media previously said Ignatova was murdered in November 2018 on a yacht in the Ionian Sea.

#scam #onecoin
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πŸ—£οΈ US court recognises cryptocurrency as a security for the first time in HYDRO fraud case

The former heads of the Hydrogen cryptocurrency project (Michael Kane and Shane Hampton) have been sentenced to prison terms in the US.

They are accused of securities fraud, in particular manipulating the price of the HYDRO token using a special trading bot and defrauding investors.

#hydro
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⚑️Electricity consumption for AI will increase 80 times over 6 years!

According to Wells Fargo's forecast, with the current growth rate of electricity consumption for AI maintenance and training, it will increase from 8 TWh to 652 TWh by 2030, which is an 80-fold increase.

#AI
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β˜„οΈCoinbase is suing the SEC and the Federal Deposit Insurance Corporation (FDIC)

It's all due to attempts to "cut off" the crypto industry from the banking sector. Regulators have failed to comply with the requirements of the Freedom of Information Act. Specifically, it concerns past requests related to Ethereum and the regulator's interpretation of the asset.

#coinbase #sec #eth
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🀑According to Bitget Research, cryptocurrency losses from dipfakes will exceed $25,000,000,000,000,000 in 2024

Deepfake scams have increased by 245% this year. In the first quarter alone, these frauds resulted in $6.3bn in losses.

#AI #deepfake
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Life Sentence for Cryptocurrency Theft?

A 24-year-old US resident, Remy Saint-Felix, faces a potential life sentence for home robberies aimed at stealing cryptocurrency.

Saint-Felix led a group that, from September 2022 to July 2023, broke into homes demanding access to the victims’ cryptocurrency accounts.

In April 2023, the group broke into a house, tied up the victim, held her at gunpoint, and threatened her husband with violence. The criminals managed to steal over $150,000 in cryptocurrency.

Saint-Felix and thirteen of his accomplices were arrested in July 2023 while attempting another robbery in New York. He faces a minimum mandatory sentence of seven years and a maximum sentence of life imprisonment.
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