๐ ETH Hits 5-Year Low Against BTC (0.02193) ๐จ
Ethereum has fallen to a 5-year low against Bitcoin, dropping by 39% in the year following the halving. The last time ETH lagged behind BTC by such a margin was in Q3 2019, when it hit 0.0164 (-46%).
This decline highlights the ongoing pressure ETH faces compared to Bitcoin, raising questions about the future dynamics between the two leading cryptocurrencies. ๐ค
Ethereum has fallen to a 5-year low against Bitcoin, dropping by 39% in the year following the halving. The last time ETH lagged behind BTC by such a margin was in Q3 2019, when it hit 0.0164 (-46%).
This decline highlights the ongoing pressure ETH faces compared to Bitcoin, raising questions about the future dynamics between the two leading cryptocurrencies. ๐ค
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๐ฎ Bitcoin โ a beacon of hope?
Strategy shared a chart where only their stocks stay afloat, signing it:
Meanwhile, BTC is trading at $83,400, recovering from yesterdayโs dip to $81,000. ๐๐
Strategy shared a chart where only their stocks stay afloat, signing it:
"Bitcoin shines a beacon of orange hope, illuminating a path in the sea of red turbulence."
Meanwhile, BTC is trading at $83,400, recovering from yesterdayโs dip to $81,000. ๐๐
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๐ Bitcoin Accumulation Continues
Metaplanet acquired 696 BTC for ยฅ10.16B, while Tether added 8,888 BTC in Q1, bringing its holdings to 92,467 BTC. ๐ฐ
๐บ๐ธ US Senator David McCormick also invested $600,000 in a Bitcoin ETF.๐
Meanwhile, BlackRock CEO Larry Fink warned that the U.S. dollar could lose its reserve currency status if the government fails to control its debtโpotentially making Bitcoin a safer alternative. ๐ช
Despite a 20% drop from last year's high, investors remain bullish on BTC, unlike most altcoins. ๐ฅ
Metaplanet acquired 696 BTC for ยฅ10.16B, while Tether added 8,888 BTC in Q1, bringing its holdings to 92,467 BTC. ๐ฐ
๐บ๐ธ US Senator David McCormick also invested $600,000 in a Bitcoin ETF.๐
Meanwhile, BlackRock CEO Larry Fink warned that the U.S. dollar could lose its reserve currency status if the government fails to control its debtโpotentially making Bitcoin a safer alternative. ๐ช
Despite a 20% drop from last year's high, investors remain bullish on BTC, unlike most altcoins. ๐ฅ
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๐ Karma in Action
A hacker who stole 2,930 ETH ($5.4M) from zkLend tried to launder it through Tornado Cash...
๐ But fate had other plansโhe fell for a phishing scam and lost everything to another fraudster.
Guess you could say he laundered it a little too well? ๐
A hacker who stole 2,930 ETH ($5.4M) from zkLend tried to launder it through Tornado Cash...
๐ But fate had other plansโhe fell for a phishing scam and lost everything to another fraudster.
Guess you could say he laundered it a little too well? ๐
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๐ BTC correction incoming?
Analysts at 10x Research predict that Bitcoin could drop below $80K this week. ๐ง
Main reasons:
๐ธ Inflation expectations jumped to 5% ๐
๐ธ Trade war escalation expected on April 2 ๐
๐ธ Strong labor market may delay Fed rate cuts ๐ฆ
Will BTC hold the line, or are we in for a deeper dip? ๐ค
Analysts at 10x Research predict that Bitcoin could drop below $80K this week. ๐ง
Main reasons:
๐ธ Inflation expectations jumped to 5% ๐
๐ธ Trade war escalation expected on April 2 ๐
๐ธ Strong labor market may delay Fed rate cuts ๐ฆ
Will BTC hold the line, or are we in for a deeper dip? ๐ค
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๐จ New Android Malware Drains Crypto Wallets!
๐ A new threat, Crocodilus, is targeting Android users in Spain and Turkey, draining crypto wallets by stealing seed phrases and 2FA codes. ๐
How it works:
๐ธMasquerades as crypto-related apps to trick users.
๐ธUses black screen overlays to hide remote access activity.
๐ธFake backup warnings prompt victims to enter their seed phrase.
๐ธSteals Google Authenticator codes for full wallet access.
โ ๏ธ How to stay safe:
๐นONLY download apps from Google Play Store โ avoid APKs & third-party sites.
๐นNever enter your seed phrase outside of your walletโs official recovery process.
๐นBe cautious of fake warnings & social engineering tricks.
๐นCrocodilus is evolving and could spread beyond its initial targets.
Stay vigilant! ๐ก
๐ A new threat, Crocodilus, is targeting Android users in Spain and Turkey, draining crypto wallets by stealing seed phrases and 2FA codes. ๐
How it works:
๐ธMasquerades as crypto-related apps to trick users.
๐ธUses black screen overlays to hide remote access activity.
๐ธFake backup warnings prompt victims to enter their seed phrase.
๐ธSteals Google Authenticator codes for full wallet access.
โ ๏ธ How to stay safe:
๐นONLY download apps from Google Play Store โ avoid APKs & third-party sites.
๐นNever enter your seed phrase outside of your walletโs official recovery process.
๐นBe cautious of fake warnings & social engineering tricks.
๐นCrocodilus is evolving and could spread beyond its initial targets.
Stay vigilant! ๐ก
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๐ When Cleaning Costs $3.8M ๐ฐ
Ellie Hart, a school teacher, made the worst mistake of her lifeโaccidentally throwing away a USB stick containing $3.8M in Bitcoin. ๐จ
The flash drive, which looked like any other, ended up in the trash during a routine clean-up. By the time she realized, it was too late. ๐คท
Her partner, Tom, had been holding onto the BTC since 2013, but now their dreams of wealth are lost forever.
So, think before you throw somethingโor your millions might end up in a landfill. ๐ธ
Ellie Hart, a school teacher, made the worst mistake of her lifeโaccidentally throwing away a USB stick containing $3.8M in Bitcoin. ๐จ
The flash drive, which looked like any other, ended up in the trash during a routine clean-up. By the time she realized, it was too late. ๐คท
Her partner, Tom, had been holding onto the BTC since 2013, but now their dreams of wealth are lost forever.
So, think before you throw somethingโor your millions might end up in a landfill. ๐ธ
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๐ Increased BTC Volatility Expected in April
CNBC reports that Bitcoin may face sharp price swings this month amid trade war escalation and macro uncertainty.
โ๏ธ Key takeaways:
โช๏ธAnalysts predict BTC price fluctuations due to US-China trade tensions and monetary policy shifts.
โช๏ธThe Fedโs hawkish stance could put pressure on the crypto market.
โช๏ธHistorically, April has been a bullish month for BTC, but this year might be different.
โช๏ธSupport: $60,000-$65,000 | Resistance: $70,000-$80,000
โช๏ธWhales are active โ rising open interest in BTC futures signals increased market participation.
โช๏ธPositive regulatory news could spark a rally, while stricter crypto policies or geopolitical risks might trigger a correction. ๐๐ป
CNBC reports that Bitcoin may face sharp price swings this month amid trade war escalation and macro uncertainty.
โ๏ธ Key takeaways:
โช๏ธAnalysts predict BTC price fluctuations due to US-China trade tensions and monetary policy shifts.
โช๏ธThe Fedโs hawkish stance could put pressure on the crypto market.
โช๏ธHistorically, April has been a bullish month for BTC, but this year might be different.
โช๏ธSupport: $60,000-$65,000 | Resistance: $70,000-$80,000
โช๏ธWhales are active โ rising open interest in BTC futures signals increased market participation.
โช๏ธPositive regulatory news could spark a rally, while stricter crypto policies or geopolitical risks might trigger a correction. ๐๐ป
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Today is the big day โ Trump's new tariffs are set to take effect! ๐ฃ
According to reports, the White House has drafted a new plan imposing a 20% tariff on most imports. Official confirmation is expected soon. ๐
Meanwhile, markets are highly volatile in anticipation of Trump's tariff announcement. Bitcoin swung between $82,000 and $85,000 yesterday and is now trading at around $84,000. ๐๐
According to reports, the White House has drafted a new plan imposing a 20% tariff on most imports. Official confirmation is expected soon. ๐
Meanwhile, markets are highly volatile in anticipation of Trump's tariff announcement. Bitcoin swung between $82,000 and $85,000 yesterday and is now trading at around $84,000. ๐๐
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๐ Arthur Hayes: Bitcoin to $250K by Year-End?
In his latest essay, analyst Arthur Hayes argues that the Federal Reserve no longer controls U.S. monetary policyโit's now driven by the Treasury. According to him, the Fed is shifting from fighting inflation to financing government debt.
๐น QT (balance sheet reduction) is slowing: From $25B/month to $5B/month, adding ~$240B in annual liquidity.
๐น QE (money printing) may return soon, potentially injecting $420B per year.
๐น Gold surged after QE in 2008โ2009โBTC could follow the same path.
๐ก If Hayes is right, Bitcoin might skyrocket. Do you believe in $250K BTC? ๐
In his latest essay, analyst Arthur Hayes argues that the Federal Reserve no longer controls U.S. monetary policyโit's now driven by the Treasury. According to him, the Fed is shifting from fighting inflation to financing government debt.
๐น QT (balance sheet reduction) is slowing: From $25B/month to $5B/month, adding ~$240B in annual liquidity.
๐น QE (money printing) may return soon, potentially injecting $420B per year.
๐น Gold surged after QE in 2008โ2009โBTC could follow the same path.
๐ก If Hayes is right, Bitcoin might skyrocket. Do you believe in $250K BTC? ๐
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Forbes writes that crypto helped Trump become twice as rich! ๐ฐ
We all know how ๐ฅด.
According to Forbes, President Donald Trump has more than doubled his net worth to an estimated $5.1 billion. ๐ต
This increase is attributed to his shares in Trump Media & Technology Group and significant cash inflows from recent cryptocurrency ventures, including the launch of the $TRUMP meme coin earlier this year.
We all know how ๐ฅด.
According to Forbes, President Donald Trump has more than doubled his net worth to an estimated $5.1 billion. ๐ต
This increase is attributed to his shares in Trump Media & Technology Group and significant cash inflows from recent cryptocurrency ventures, including the launch of the $TRUMP meme coin earlier this year.
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โ๏ธ The EU may ban crypto mixers this week!
๐ช๐บ EU lawmakers are set to tighten anti-money laundering (AML) and counter-terrorism financing (CFT) regulations in the financial sector this week.
๐ Key changes:
โช๏ธ Anonymous payments from non-custodial wallets will be limited to โฌ1,000.
โช๏ธ Stricter monitoring of crypto transactions.
โช๏ธ Ban on anonymous tools, including privacy coins (Monero, Zcash) and crypto mixers.
โช๏ธ DeFi platforms, DAOs, and NFT marketplaces may be required to enforce stricter KYC procedures.
๐ช๐บ EU lawmakers are set to tighten anti-money laundering (AML) and counter-terrorism financing (CFT) regulations in the financial sector this week.
๐ Key changes:
โช๏ธ Anonymous payments from non-custodial wallets will be limited to โฌ1,000.
โช๏ธ Stricter monitoring of crypto transactions.
โช๏ธ Ban on anonymous tools, including privacy coins (Monero, Zcash) and crypto mixers.
โช๏ธ DeFi platforms, DAOs, and NFT marketplaces may be required to enforce stricter KYC procedures.
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๐ UK Trade Bodies Urge Government to Prioritize Crypto ๐ฌ๐ง
A coalition of six UK trade associations has called on Prime Minister Keir Starmer to make crypto a strategic priority by appointing a special envoy for blockchain and digital assets.
โ๏ธ Key proposals:
๐ธAppoint a crypto envoy like the US.
๐ธDevelop a dedicated government action plan for blockchain.
๐ธCreate an industry-government-regulator forum for informed decision-making.
๐ The group highlights cryptoโs potential to add ยฃ57B ($74B) to the UK economy over the next decade and warns that the UK risks falling behind Dubai, Singapore, and the EU.
A coalition of six UK trade associations has called on Prime Minister Keir Starmer to make crypto a strategic priority by appointing a special envoy for blockchain and digital assets.
โ๏ธ Key proposals:
๐ธAppoint a crypto envoy like the US.
๐ธDevelop a dedicated government action plan for blockchain.
๐ธCreate an industry-government-regulator forum for informed decision-making.
๐ The group highlights cryptoโs potential to add ยฃ57B ($74B) to the UK economy over the next decade and warns that the UK risks falling behind Dubai, Singapore, and the EU.
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๐ Stablecoins Surge in Current Bull Cycle ๐
During the ongoing bull cycle (yes, theyโre still calling it a bull cycle ๐), stablecoin market cap has increased by a whopping $97 billionโfrom $114B to $211B.
This growth is bigger than the combined market cap of DOGE, ADA, and TRX, though still smaller than XRPโs cap.
Seems like stablecoins are really holding their ground! ๐ธ๐
During the ongoing bull cycle (yes, theyโre still calling it a bull cycle ๐), stablecoin market cap has increased by a whopping $97 billionโfrom $114B to $211B.
This growth is bigger than the combined market cap of DOGE, ADA, and TRX, though still smaller than XRPโs cap.
Seems like stablecoins are really holding their ground! ๐ธ๐
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๐ Bitcoin Miners Suffer Worst Month Ever โ JP Morgan
March was brutal for publicly traded Bitcoin miners, with the top 14 companies losing $6 billion in market cap (-25%), according to JP Morgan. This follows another $6 billion loss in February. ๐ง
Some miners are pivoting to AI data centers, but the transition isnโt easy. Meanwhile, Trump promises to boost "American-made" Bitcoin mining.
With BTC down 22% from its ATH, rising mining difficulty, and shrinking profitsโminers are feeling the heat. ๐ฅ
March was brutal for publicly traded Bitcoin miners, with the top 14 companies losing $6 billion in market cap (-25%), according to JP Morgan. This follows another $6 billion loss in February. ๐ง
Some miners are pivoting to AI data centers, but the transition isnโt easy. Meanwhile, Trump promises to boost "American-made" Bitcoin mining.
With BTC down 22% from its ATH, rising mining difficulty, and shrinking profitsโminers are feeling the heat. ๐ฅ
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๐ฅท North Korean IT workers, posing as legitimate remote employees, are infiltrating companies worldwide, especially in Europe!
Since late 2024, their operations have expanded beyond the US, targeting industries such as defense, government, and technology.
๐ Key Tactics:
โช๏ธDeceptive personas used for recruitment on platforms like Upwork and Freelancer.
โช๏ธExtortion campaigns targeting companies for data theft, including proprietary data and source code.
โช๏ธOperations now include advanced blockchain and AI development projects.
โ ๏ธ These workers also exploit BYOD (Bring Your Own Device) policies, avoiding traditional security measures and increasing the risk of undetected attacks.
The growing global threat from DPRK IT workers highlights the need for increased vigilance and enhanced cybersecurity measures. ๐ป๐
Since late 2024, their operations have expanded beyond the US, targeting industries such as defense, government, and technology.
๐ Key Tactics:
โช๏ธDeceptive personas used for recruitment on platforms like Upwork and Freelancer.
โช๏ธExtortion campaigns targeting companies for data theft, including proprietary data and source code.
โช๏ธOperations now include advanced blockchain and AI development projects.
โ ๏ธ These workers also exploit BYOD (Bring Your Own Device) policies, avoiding traditional security measures and increasing the risk of undetected attacks.
The growing global threat from DPRK IT workers highlights the need for increased vigilance and enhanced cybersecurity measures. ๐ป๐
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