Will Changpeng Zhao be released today?

📰 Media reports suggest that if the release date lands on a weekend, he’ll be released on Friday.

While he was expected to be out on Sunday, it looks like the Binance co-founder may be coming back sooner. 🔥

CZ’s lawyer mentioned that he’s not yet ready to give interviews. 🤷

🔎 Analysts at K33 Research noted that it has been 1,051 days since the cryptocurrency market capitalization peaked on November 15, 2021.

The longest drawdown after a new ATH was 1,106 days, while the previous period lasted 1,096 days—from January 7, 2018, to January 7, 2021. 👀

The final strong resistance for BTC is at $66,300. 👀

This level is characterized by a group of short-term holders who have kept their coins for 3 to 6 months. 💰

Analysts at CryptoQuant are confident that once this level is breached, the path to testing the ATH will be open.🚀

🚀 Binance Coin (BNB) Signals Bullish Breakout Amid CZ’s Possible Early Release

Despite regulatory challenges, Binance Coin remains the fourth largest crypto asset with a market cap exceeding $88 billion.

📈 Recent trends show BNB forming a reversal pattern, signaling a potential bull run for Q4. Notably, CZ's possible early release from prison today adds to the positive sentiment.

Key Highlights:

▪️BNB price reached $607.2, up 2% in 24 hours.

▪️Closing above $600 this month could fuel further bullish momentum.

▪️Technical analysis shows a strong support range between $460-$491 and an inverted head and shoulders pattern.

▪️ The price targets $921, aligning with the Fibonacci retracement level. 💪

Bedrock Protocol Hit by $2M Exploit 🥷

👀Liquid restaking protocol Bedrock confirmed it suffered a security exploit involving uniBTC, leading to a $2 million loss.

The team addressed the root cause and assured users that all remaining assets are safe.

Losses primarily occurred in decentralized exchange liquidity pools. A reimbursement plan is being finalized, along with a post-mortem report. 🗒

Wrapped BTC and standard Bitcoin reserves remain secure. 🧐

Bedrock has over $240 million in total value locked (TVL).

PlanB is confident in the rise of BTC to $500,000 in this halving cycle (2024-2028)

🧑‍💻 The well-known trader continues to stand by his incredible price predictions for Bitcoin, even suggesting that the cryptocurrency could reach $1 million in the coming years. 🙀

This aligns with his devised "Standard Deviation (STDEV) range" of $250,000 around a base price of $500,000. 📝

To support his claims, PlanB recalls his 2020-2024 forecast using the Stock-to-Flow model, made back in 2019, which predicted a price of $51,000 for Bitcoin, with an STDEV of $25,000 to $100,000. 📈

🚀 Polymarket has launched a free mobile app for betting on American elections that doesn't require registration, currently available only for iPhone. 📱

You can check it out here: Polymarket Election Forecast.

🐹 Amid the token claim for Hamster Kombat, transaction fees on the TON network surged to new highs. 📈

Everyone was in such a rush to claim their "hard-earned" coins nd sold ones that the price of $HMSTR dropped to $0.006, marking a 30% decline from the average listing price. 😁🤷

If you bought $100 worth of XRP in 2018, today you still have $100. 😁

Justin Sun has announced that "CZ is back"... 🚀

However, Changpeng Zhao’s account remains quiet. 🤷

The first tweet from Changpeng Zhao (CZ) after being released from prison. 🎉

Elon Musk did it again!

👀 It seems he really wants to lead the currently nonexistent Department Of Government Efficiency (D.O.G.E.).

Phishing Alert! 🚨

A staggering 12,083.6 $spWETH (valued at $32.33M) has been lost due to a phishing attack! 🔒

According to Arkham, the compromised wallet might be linked to DiscusFish (@bitfish1).

To protect yourself from similar scams, remember these key tips:

▪️Avoid Unknown Links: Don’t click on links from unverified sources.

▪️ Be Cautious with Signatures: Always double-check before signing any transactions.

Stay vigilant and safeguard your assets! 💪🔍

🚀 The FTT token of the collapsed FTX exchange has surprisingly surged in value, outpacing all others.

📈 This spike is fueled by false rumors about the imminent start of compensation payments to affected clients. 💰

👀 However, these claims are unfounded; the next crucial court hearing isn't until October 7, meaning no payments will occur by September 30. If the plan is approved, clients with claims under $50,000 might see payouts by late 2024, while larger claims could face delays until early to mid-2025.

Additionally, some creditors are challenging the compensation plan, insisting on asset-based payouts rather than cash. 🧐

After his release from prison, Changpeng Zhao plans to take some time to relax and reflect before outlining his next steps. 🍹👣

He aims to focus on Giggle Academy, invest in blockchain, AI, and biotech, and devote more time and resources to charitable causes and education. 💰👨‍🎓

Zhao is also working on a book, which is about two-thirds complete, and expresses satisfaction with Binance's performance in his absence. 📖📝

Every time after a green September, BTC tends to rise in the following three months 📈

We’ll find out soon... 👀

Despite Bitcoin’s price dropping to $64,000 last night, it’s unlikely to fall below $60,000; if that happens, September would close with a red candle. 🧐

🚨 Fake WalletConnect Steals $70,000 from Users!

A fraudulent app disguised as WalletConnect was downloaded over 10,000 times on Google Play. 🧐

Due to a phishing attack, more than 150 users lost money by authorizing transactions on a fake site. 🎣

Experts emphasize the importance of cybersecurity: enable two-factor authentication and carefully check ratings and reviews before downloading apps. Stay vigilant! 🔒💰

The number of transactions on the TON blockchain reached 15.49 million in a single day!

The reason? The Hamster Kombat airdrop. 🐹

By the way, the price of HMSTR has already dropped by 50% from the listing price, now sitting at $0.0057. 📉

🚀 Ripple's Stablecoin (RLUSD) Launch Might Be Near!

Ripple Labs is progressing toward launching its USD-pegged stablecoin, RLUSD, with 1.7 million tokens minted recently. Although there's no set launch date, the rapid minting activity suggests we're close. 🧐

CEO Brad Garlinghouse hinted at a public release in the coming weeks, positioning RLUSD to compete with established stablecoins like USDT and USDC. 💰

Regulatory approval is a key hurdle, as Ripple seeks to avoid issues with US authorities.

🚨 In September, crypto users lost approximately $161 million to scams.

This figure is twice what was lost in August.

Breakdown:

▪️Exploits: ~$155.7 million
▪️Flash loans: ~$4.7 million
▪️Exit scams: ~$0.7 million

Only $2.1 million in assets were recovered. 🤷

LookOnchain notes that historically all five bull markets began in October.🐃

Are you looking forward to Uptober? 📈