Binance will add a risk warning for the following tokens:
1. Travala #AVA
2. Chiliz #CHZ
3. Enjin Coin #ENJ
4. IOTA #IOTA
5. Lisk #LSK
6. Metal DAO #MTL
7. Orion #ORN
8. Self Chain #SLF
9. Solar #SXP
10. Vanar Chain #VANRY
👀 Reason: "significant changes in the projects' tokenomics."
Similar notices will accompany all projects in the future that change their tokenomics or total token supply. 🧐
1. Travala #AVA
2. Chiliz #CHZ
3. Enjin Coin #ENJ
4. IOTA #IOTA
5. Lisk #LSK
6. Metal DAO #MTL
7. Orion #ORN
8. Self Chain #SLF
9. Solar #SXP
10. Vanar Chain #VANRY
👀 Reason: "significant changes in the projects' tokenomics."
Similar notices will accompany all projects in the future that change their tokenomics or total token supply. 🧐
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Vitalik Buterin Defends Polymarket against accusations related to betting on conflicts in the Middle East 🌅
🧑💻 Ethereum co-founder Vitalik Buterin has stepped up to support Polymarket, a crypto-based prediction market, despite ethical concerns over its betting on the Middle East conflict.
👀 He argues that such platforms can combat misinformation by offering insights from those with "skin in the game," helping users gauge event probabilities accurately.
Buterin acknowledges the discomfort around betting on serious matters but insists that the goal is not to profit from tragedy.🫸
He stresses the importance of free speech and information flow, though he firmly opposes betting on assassination predictions. 🥷
🧑💻 Ethereum co-founder Vitalik Buterin has stepped up to support Polymarket, a crypto-based prediction market, despite ethical concerns over its betting on the Middle East conflict.
👀 He argues that such platforms can combat misinformation by offering insights from those with "skin in the game," helping users gauge event probabilities accurately.
Buterin acknowledges the discomfort around betting on serious matters but insists that the goal is not to profit from tragedy.🫸
He stresses the importance of free speech and information flow, though he firmly opposes betting on assassination predictions. 🥷
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🌍🚀 Smart Money Accumulates Chainlink: Is a $20 Rally Coming? 📈
🔗 Chainlink (LINK) is experiencing a bullish trend, with smart money investors making it the third-most accumulated token this past week. Technical indicators show a breakout from a double-bottom pattern, hinting at a potential price surge.
🗝 Key activity includes a 25% increase in new addresses and a 59% rise in active addresses, suggesting heightened market engagement. With LINK currently priced at $12.05, analysts predict it could reach $20 by year-end, fueled by increased trading activity and strong investor interest. 📈
👀 Recent shifts in holder distribution indicate optimism, as smaller investors are accumulating while larger holders reduce their stakes. With Chainlink Labs forging key partnerships, the outlook remains positive. If the current momentum continues, a 70% return on investment is on the table. 💰✨
🔗 Chainlink (LINK) is experiencing a bullish trend, with smart money investors making it the third-most accumulated token this past week. Technical indicators show a breakout from a double-bottom pattern, hinting at a potential price surge.
🗝 Key activity includes a 25% increase in new addresses and a 59% rise in active addresses, suggesting heightened market engagement. With LINK currently priced at $12.05, analysts predict it could reach $20 by year-end, fueled by increased trading activity and strong investor interest. 📈
👀 Recent shifts in holder distribution indicate optimism, as smaller investors are accumulating while larger holders reduce their stakes. With Chainlink Labs forging key partnerships, the outlook remains positive. If the current momentum continues, a 70% return on investment is on the table. 💰✨
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Crypto soothsayer
📉BTC dipped below $62K following reports that Iran is prepping a ballistic missile strike on Israel. 🙀
Coinglass: Over the past 24 hours, long positions worth near $290,000,000 have been liquidated. 🔪
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📊 Bitwise Files for Spot XRP ETF 📈
Bitwise, a crypto index fund manager, has officially submitted a registration for a spot XRP ETF, aiming to provide investors with direct exposure to the XRP token.
This filing, made to Delaware's Department of State, comes amid ongoing legal tensions between the SEC and Ripple regarding the classification of XRP as an unregistered security. 🧐
Matthew Hougan, Bitwise's Chief Investment Officer, confirmed the registration, and more details are expected soon. ⏳
Bitwise, a crypto index fund manager, has officially submitted a registration for a spot XRP ETF, aiming to provide investors with direct exposure to the XRP token.
This filing, made to Delaware's Department of State, comes amid ongoing legal tensions between the SEC and Ripple regarding the classification of XRP as an unregistered security. 🧐
Matthew Hougan, Bitwise's Chief Investment Officer, confirmed the registration, and more details are expected soon. ⏳
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🐋 Whales are selling off their Ethereum reserves!
👀 Over the past 7 days, one of the major Ethereum whales from the ICO era transferred 21,490 ETH ($55.2M) to the Kraken exchange. This whale received 150,000 ETH in 2015 when it was worth just $46,600 and has been selling off their holdings since 2019, with 40,000 ETH sold to date. Currently, they hold 110,000 ETH (worth $271M) across 8 wallets.
💰 Another investor, who bought 21,636 ETH in 2016 at $6.9, sold their last coins yesterday, securing a total profit of $58M.
What's next for Ethereum's price? 🧐
👀 Over the past 7 days, one of the major Ethereum whales from the ICO era transferred 21,490 ETH ($55.2M) to the Kraken exchange. This whale received 150,000 ETH in 2015 when it was worth just $46,600 and has been selling off their holdings since 2019, with 40,000 ETH sold to date. Currently, they hold 110,000 ETH (worth $271M) across 8 wallets.
💰 Another investor, who bought 21,636 ETH in 2016 at $6.9, sold their last coins yesterday, securing a total profit of $58M.
What's next for Ethereum's price? 🧐
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21-year-old accused of stealing $37M in cryptocurrency! 🙀
🇺🇸 U.S. prosecutors have charged Evan Light, a 21-year-old from Lebanon, Indiana, with cyber fraud, resulting in over $37 million in stolen cryptocurrency.
🥷 In February 2022, Light participated in hacking an investment holding company in Sioux Falls, South Dakota, stealing personal information and cryptocurrencies from nearly 600 victims. Authorities believe he acted with one or more accomplices.
💰Light funneled the stolen crypto through mixers and gambling sites. He has pleaded guilty to conspiracy to commit wire fraud and money laundering, facing up to 20 years in prison for each charge. He may also be ordered to pay restitution.
🇺🇸 U.S. prosecutors have charged Evan Light, a 21-year-old from Lebanon, Indiana, with cyber fraud, resulting in over $37 million in stolen cryptocurrency.
🥷 In February 2022, Light participated in hacking an investment holding company in Sioux Falls, South Dakota, stealing personal information and cryptocurrencies from nearly 600 victims. Authorities believe he acted with one or more accomplices.
💰Light funneled the stolen crypto through mixers and gambling sites. He has pleaded guilty to conspiracy to commit wire fraud and money laundering, facing up to 20 years in prison for each charge. He may also be ordered to pay restitution.
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🚀 When Iran's massive missile attack on Israel and the subsequent promise of a swift response from the IDF drove BTC down to $60K, most of the sell-offs came from short-term investors.
Meanwhile, on Binance, over 60% of traders entered long positions when the price hit $60K. 🧐
Meanwhile, on Binance, over 60% of traders entered long positions when the price hit $60K. 🧐
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🚔 AFP Cracks $6.4M Crypto Case!
🇦🇺 The Australian Federal Police (AFP) just made a huge move against organized crime, seizing AUD 9.3 million ($6.4M) in cryptocurrency from Jay Jung, creator of the encrypted "Ghost" app, allegedly tied to illegal activities. 🕵️♂️💻
👀 A key breakthrough? AFP decrypted Jung's seed phrase, hitting his network where it hurts! This is the second major seizure tied to the app, with funds set to boost law enforcement's fight against cybercrime.
Operation Kraken continues to dismantle Jung’s operation, already seizing $1.4M in August. Criminals beware: real estate, cash, crypto—nothing is safe! 🤷
🇦🇺 The Australian Federal Police (AFP) just made a huge move against organized crime, seizing AUD 9.3 million ($6.4M) in cryptocurrency from Jay Jung, creator of the encrypted "Ghost" app, allegedly tied to illegal activities. 🕵️♂️💻
👀 A key breakthrough? AFP decrypted Jung's seed phrase, hitting his network where it hurts! This is the second major seizure tied to the app, with funds set to boost law enforcement's fight against cybercrime.
Operation Kraken continues to dismantle Jung’s operation, already seizing $1.4M in August. Criminals beware: real estate, cash, crypto—nothing is safe! 🤷
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The market turmoil continues; last night, Bitcoin touched $60,000 and then recovered slightly to $61,400. Now it’s trading below $61,000 again.
🗣 It’s still unclear where the price will go. What do you think—will we drop back below $59k or shoot up to $65k?
If we’re falling - 👍
If we’re going up - 🔥
🗣 It’s still unclear where the price will go. What do you think—will we drop back below $59k or shoot up to $65k?
If we’re falling - 👍
If we’re going up - 🔥
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It was a cold October 2024 outside... 😭
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The Securities and Exchange Commission (SEC) has filed an appeal in the case against Ripple.
On August 7, the judge ruled that Ripple must pay a civil penalty of $125 million, although the SEC had demanded $2 billion.
The SEC stated that the district court's decision in the Ripple case contradicts decades of Supreme Court precedents and securities laws. 🧐
On August 7, the judge ruled that Ripple must pay a civil penalty of $125 million, although the SEC had demanded $2 billion.
The SEC stated that the district court's decision in the Ripple case contradicts decades of Supreme Court precedents and securities laws. 🧐
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Crypto soothsayer
The Securities and Exchange Commission (SEC) has filed an appeal in the case against Ripple. On August 7, the judge ruled that Ripple must pay a civil penalty of $125 million, although the SEC had demanded $2 billion. The SEC stated that the district court's…
SEC Director of Enforcement Gurbir Grewal resigns 👏
During his three years in office, Grewal authorized more than 2,400 cases, bringing the agency over $20 billion in recoveries and $1 billion in fines. 😳
Notably, Grewal filed lawsuits against Coinbase, Kraken, Ripple Labs, and Binance. During his tenure, the agency authorized more than 100 actions against cryptocurrency companies. 🤷
During his three years in office, Grewal authorized more than 2,400 cases, bringing the agency over $20 billion in recoveries and $1 billion in fines. 😳
Notably, Grewal filed lawsuits against Coinbase, Kraken, Ripple Labs, and Binance. During his tenure, the agency authorized more than 100 actions against cryptocurrency companies. 🤷
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Crypto Market Drops 6%, $556M Liquidated in 24 Hours 📉
The crypto market plunged 6% as geopolitical tensions in the Middle East caused widespread fear, leading to liquidations worth $556M.
Key Points:
▪️105,849 traders liquidated in the last 24 hours.
▪️Bitcoin, Ethereum, and Solana saw significant liquidations ($143M, $119M, $20M).
▪️Largest single liquidation: Binance's ETHUSDT pair at $12.24M.
📊 Despite the dip, experts maintain a bullish sentiment for Q4 2024, with some analysts predicting a crypto rally.
The crypto market plunged 6% as geopolitical tensions in the Middle East caused widespread fear, leading to liquidations worth $556M.
Key Points:
▪️105,849 traders liquidated in the last 24 hours.
▪️Bitcoin, Ethereum, and Solana saw significant liquidations ($143M, $119M, $20M).
▪️Largest single liquidation: Binance's ETHUSDT pair at $12.24M.
📊 Despite the dip, experts maintain a bullish sentiment for Q4 2024, with some analysts predicting a crypto rally.
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Uptober Starts After October 19 – Timothy Peterson 🚀
According to network economist Timothy Peterson, patience is key! He predicts that Bitcoin’s long-anticipated rise will kick off after October 19. 📈
Based on past trends, BTC historically sees significant growth toward the end of October. So, while the market might seem slow now, the real action could be just around the corner. ⏳
Peterson, the author of "Metcalfe's Law as a Model for Bitcoin's Value," believes that history might just repeat itself. 🎡
According to network economist Timothy Peterson, patience is key! He predicts that Bitcoin’s long-anticipated rise will kick off after October 19. 📈
Based on past trends, BTC historically sees significant growth toward the end of October. So, while the market might seem slow now, the real action could be just around the corner. ⏳
Peterson, the author of "Metcalfe's Law as a Model for Bitcoin's Value," believes that history might just repeat itself. 🎡
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