π BTC correction incoming?
Analysts at 10x Research predict that Bitcoin could drop below $80K this week. π§
Main reasons:
πΈ Inflation expectations jumped to 5% π
πΈ Trade war escalation expected on April 2 π
πΈ Strong labor market may delay Fed rate cuts π¦
Will BTC hold the line, or are we in for a deeper dip? π€
Analysts at 10x Research predict that Bitcoin could drop below $80K this week. π§
Main reasons:
πΈ Inflation expectations jumped to 5% π
πΈ Trade war escalation expected on April 2 π
πΈ Strong labor market may delay Fed rate cuts π¦
Will BTC hold the line, or are we in for a deeper dip? π€
π6
π¨ New Android Malware Drains Crypto Wallets!
π A new threat, Crocodilus, is targeting Android users in Spain and Turkey, draining crypto wallets by stealing seed phrases and 2FA codes. π
How it works:
πΈMasquerades as crypto-related apps to trick users.
πΈUses black screen overlays to hide remote access activity.
πΈFake backup warnings prompt victims to enter their seed phrase.
πΈSteals Google Authenticator codes for full wallet access.
β οΈ How to stay safe:
πΉONLY download apps from Google Play Store β avoid APKs & third-party sites.
πΉNever enter your seed phrase outside of your walletβs official recovery process.
πΉBe cautious of fake warnings & social engineering tricks.
πΉCrocodilus is evolving and could spread beyond its initial targets.
Stay vigilant! π‘
π A new threat, Crocodilus, is targeting Android users in Spain and Turkey, draining crypto wallets by stealing seed phrases and 2FA codes. π
How it works:
πΈMasquerades as crypto-related apps to trick users.
πΈUses black screen overlays to hide remote access activity.
πΈFake backup warnings prompt victims to enter their seed phrase.
πΈSteals Google Authenticator codes for full wallet access.
β οΈ How to stay safe:
πΉONLY download apps from Google Play Store β avoid APKs & third-party sites.
πΉNever enter your seed phrase outside of your walletβs official recovery process.
πΉBe cautious of fake warnings & social engineering tricks.
πΉCrocodilus is evolving and could spread beyond its initial targets.
Stay vigilant! π‘
πΎ8
π When Cleaning Costs $3.8M π°
Ellie Hart, a school teacher, made the worst mistake of her lifeβaccidentally throwing away a USB stick containing $3.8M in Bitcoin. π¨
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. π€·
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 somethingβor your millions might end up in a landfill. πΈ
Ellie Hart, a school teacher, made the worst mistake of her lifeβaccidentally throwing away a USB stick containing $3.8M in Bitcoin. π¨
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. π€·
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 somethingβor your millions might end up in a landfill. πΈ
π€―7π1
π Increased BTC Volatility Expected in April
CNBC reports that Bitcoin may face sharp price swings this month amid trade war escalation and macro uncertainty.
βοΈ Key takeaways:
βͺοΈAnalysts predict BTC price fluctuations due to US-China trade tensions and monetary policy shifts.
βͺοΈThe Fedβs hawkish stance could put pressure on the crypto market.
βͺοΈHistorically, April has been a bullish month for BTC, but this year might be different.
βͺοΈSupport: $60,000-$65,000 | Resistance: $70,000-$80,000
βͺοΈWhales are active β rising open interest in BTC futures signals increased market participation.
βͺοΈPositive regulatory news could spark a rally, while stricter crypto policies or geopolitical risks might trigger a correction. ππ»
CNBC reports that Bitcoin may face sharp price swings this month amid trade war escalation and macro uncertainty.
βοΈ Key takeaways:
βͺοΈAnalysts predict BTC price fluctuations due to US-China trade tensions and monetary policy shifts.
βͺοΈThe Fedβs hawkish stance could put pressure on the crypto market.
βͺοΈHistorically, April has been a bullish month for BTC, but this year might be different.
βͺοΈSupport: $60,000-$65,000 | Resistance: $70,000-$80,000
βͺοΈWhales are active β rising open interest in BTC futures signals increased market participation.
βͺοΈPositive regulatory news could spark a rally, while stricter crypto policies or geopolitical risks might trigger a correction. ππ»
β€5π₯4π2
Today is the big day β Trump's new tariffs are set to take effect! π£
According to reports, the White House has drafted a new plan imposing a 20% tariff on most imports. Official confirmation is expected soon. π
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. ππ
According to reports, the White House has drafted a new plan imposing a 20% tariff on most imports. Official confirmation is expected soon. π
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. ππ
π4π2
π 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 policyβit's now driven by the Treasury. According to him, the Fed is shifting from fighting inflation to financing government debt.
πΉ QT (balance sheet reduction) is slowing: From $25B/month to $5B/month, adding ~$240B in annual liquidity.
πΉ QE (money printing) may return soon, potentially injecting $420B per year.
πΉ Gold surged after QE in 2008β2009βBTC could follow the same path.
π‘ If Hayes is right, Bitcoin might skyrocket. Do you believe in $250K BTC? π
In his latest essay, analyst Arthur Hayes argues that the Federal Reserve no longer controls U.S. monetary policyβit's now driven by the Treasury. According to him, the Fed is shifting from fighting inflation to financing government debt.
πΉ QT (balance sheet reduction) is slowing: From $25B/month to $5B/month, adding ~$240B in annual liquidity.
πΉ QE (money printing) may return soon, potentially injecting $420B per year.
πΉ Gold surged after QE in 2008β2009βBTC could follow the same path.
π‘ If Hayes is right, Bitcoin might skyrocket. Do you believe in $250K BTC? π
π€·6
Forbes writes that crypto helped Trump become twice as rich! π°
We all know how π₯΄.
According to Forbes, President Donald Trump has more than doubled his net worth to an estimated $5.1 billion. π΅
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 π₯΄.
According to Forbes, President Donald Trump has more than doubled his net worth to an estimated $5.1 billion. π΅
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.
π5β€1π1π1
βοΈ The EU may ban crypto mixers this week!
πͺπΊ EU lawmakers are set to tighten anti-money laundering (AML) and counter-terrorism financing (CFT) regulations in the financial sector this week.
π Key changes:
βͺοΈ Anonymous payments from non-custodial wallets will be limited to β¬1,000.
βͺοΈ Stricter monitoring of crypto transactions.
βͺοΈ Ban on anonymous tools, including privacy coins (Monero, Zcash) and crypto mixers.
βͺοΈ DeFi platforms, DAOs, and NFT marketplaces may be required to enforce stricter KYC procedures.
πͺπΊ EU lawmakers are set to tighten anti-money laundering (AML) and counter-terrorism financing (CFT) regulations in the financial sector this week.
π Key changes:
βͺοΈ Anonymous payments from non-custodial wallets will be limited to β¬1,000.
βͺοΈ Stricter monitoring of crypto transactions.
βͺοΈ Ban on anonymous tools, including privacy coins (Monero, Zcash) and crypto mixers.
βͺοΈ DeFi platforms, DAOs, and NFT marketplaces may be required to enforce stricter KYC procedures.
β€5πΎ2π1
π UK Trade Bodies Urge Government to Prioritize Crypto π¬π§
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.
βοΈ Key proposals:
πΈAppoint a crypto envoy like the US.
πΈDevelop a dedicated government action plan for blockchain.
πΈCreate an industry-government-regulator forum for informed decision-making.
π The group highlights cryptoβs potential to add Β£57B ($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.
βοΈ Key proposals:
πΈAppoint a crypto envoy like the US.
πΈDevelop a dedicated government action plan for blockchain.
πΈCreate an industry-government-regulator forum for informed decision-making.
π The group highlights cryptoβs potential to add Β£57B ($74B) to the UK economy over the next decade and warns that the UK risks falling behind Dubai, Singapore, and the EU.
π6
π Stablecoins Surge in Current Bull Cycle π
During the ongoing bull cycle (yes, theyβre still calling it a bull cycle π), stablecoin market cap has increased by a whopping $97 billionβfrom $114B to $211B.
This growth is bigger than the combined market cap of DOGE, ADA, and TRX, though still smaller than XRPβs cap.
Seems like stablecoins are really holding their ground! πΈπ
During the ongoing bull cycle (yes, theyβre still calling it a bull cycle π), stablecoin market cap has increased by a whopping $97 billionβfrom $114B to $211B.
This growth is bigger than the combined market cap of DOGE, ADA, and TRX, though still smaller than XRPβs cap.
Seems like stablecoins are really holding their ground! πΈπ
π5
π Bitcoin Miners Suffer Worst Month Ever β 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. π§
Some miners are pivoting to AI data centers, but the transition isnβt easy. Meanwhile, Trump promises to boost "American-made" Bitcoin mining.
With BTC down 22% from its ATH, rising mining difficulty, and shrinking profitsβminers are feeling the heat. π₯
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. π§
Some miners are pivoting to AI data centers, but the transition isnβt easy. Meanwhile, Trump promises to boost "American-made" Bitcoin mining.
With BTC down 22% from its ATH, rising mining difficulty, and shrinking profitsβminers are feeling the heat. π₯
β€5π€2
π₯· 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.
π Key Tactics:
βͺοΈDeceptive personas used for recruitment on platforms like Upwork and Freelancer.
βͺοΈExtortion campaigns targeting companies for data theft, including proprietary data and source code.
βͺοΈOperations now include advanced blockchain and AI development projects.
β οΈ 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. π»π
Since late 2024, their operations have expanded beyond the US, targeting industries such as defense, government, and technology.
π Key Tactics:
βͺοΈDeceptive personas used for recruitment on platforms like Upwork and Freelancer.
βͺοΈExtortion campaigns targeting companies for data theft, including proprietary data and source code.
βͺοΈOperations now include advanced blockchain and AI development projects.
β οΈ 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. π»π
π7
π Scroll founder: "Tariffing L2s is one of the most toxic ideas for Ethereumβs future."
The Ethereum community is discussing the idea of charging L2 solutions extra fees for using L1. π€
This measure is being considered as a way to "bring back" some revenue to Ethereum L1, as currently, L2 solutions receive about 98-99% of transaction income.
It trades long-term scalability and ecosystem growth for short-term revenue.
The Ethereum community is discussing the idea of charging L2 solutions extra fees for using L1. π€
This measure is being considered as a way to "bring back" some revenue to Ethereum L1, as currently, L2 solutions receive about 98-99% of transaction income.
π4π€1
π Space Quest XII and the Mysterious "Buckazoids" π
A Reddit user recently discovered a strange symbol on the galactic coins called Buckazoids in the 1991 game Space Quest XII. These coins were minted based on the playerβs space victories and had huge inflationary and deflationary swings.
The number 59 on the coin shows how many Buckazoids this player earned.
And no, Satoshi wasnβt the designer of these! He originally proposed the symbol "BC" for Bitcoin. π
Maybe Bukazoids were the OG crypto? π°
A Reddit user recently discovered a strange symbol on the galactic coins called Buckazoids in the 1991 game Space Quest XII. These coins were minted based on the playerβs space victories and had huge inflationary and deflationary swings.
The number 59 on the coin shows how many Buckazoids this player earned.
And no, Satoshi wasnβt the designer of these! He originally proposed the symbol "BC" for Bitcoin. π
Maybe Bukazoids were the OG crypto? π°
π6π3
π Trump vs. Markets: The Tariff Tango
BTC soared past $88K as Trump dropped a 10% tariff bomb on all imports and slapped 25% on cars. ππ₯
Thenβ¦ BTC tanked below $85K when Donnie decided more is more, adding 34% tariffs for China and 20% for the EU. ππ΅
Whatβs next? Nobody knows. Best strategy: close your laptop, turn off your phone, and take a nap. π΄π΅
BTC soared past $88K as Trump dropped a 10% tariff bomb on all imports and slapped 25% on cars. ππ₯
Thenβ¦ BTC tanked below $85K when Donnie decided more is more, adding 34% tariffs for China and 20% for the EU. ππ΅
Whatβs next? Nobody knows. Best strategy: close your laptop, turn off your phone, and take a nap. π΄π΅
π5π3π2
Justin Sun & the FDUSD Rollercoaster π’
Justin Sun hinted that First Digital Trust might be insolvent and advised users to "protect their assets" π¬. FDUSD instantly dropped 12%.
Now people are buying the dip while accusing Justin of spreading FUD for personal gain. π€·ββοΈ
April Foolsβ was yesterday, manβwhy play with hearts (and bags) like this? π πΈ
Justin Sun hinted that First Digital Trust might be insolvent and advised users to "protect their assets" π¬. FDUSD instantly dropped 12%.
Now people are buying the dip while accusing Justin of spreading FUD for personal gain. π€·ββοΈ
April Foolsβ was yesterday, manβwhy play with hearts (and bags) like this? π πΈ
π4π1
π Institutions Bought 95,000 BTC in Q1, But Why Is It Down? π€
CryptoQuant reports that public companies snapped up $8B in BTC last quarter!
Top Buyers:
πΉ MicroStrategy: +81,785 BTC
πΉ Tether: +8,888 BTC
πΉ The Blockchain Company: +605 BTC
πΉ Semler Scientific: +1,108 BTC
πΉ Metaplanet: +2,285 BTC
More incoming: Marathon Digital ($2B) & GameStop ($1.5B) prepping to buy!
β So why is BTC still down?
1οΈβ£ OG whales dumped 178K BTC ($15.2B), outpacing institutional buys
2οΈβ£ ETF outflows: -$4.8B left Bitcoin ETFs in Q1
Big buys, bigger sellsβbulls need stronger hands! ππ₯
CryptoQuant reports that public companies snapped up $8B in BTC last quarter!
Top Buyers:
πΉ MicroStrategy: +81,785 BTC
πΉ Tether: +8,888 BTC
πΉ The Blockchain Company: +605 BTC
πΉ Semler Scientific: +1,108 BTC
πΉ Metaplanet: +2,285 BTC
More incoming: Marathon Digital ($2B) & GameStop ($1.5B) prepping to buy!
β So why is BTC still down?
1οΈβ£ OG whales dumped 178K BTC ($15.2B), outpacing institutional buys
2οΈβ£ ETF outflows: -$4.8B left Bitcoin ETFs in Q1
Big buys, bigger sellsβbulls need stronger hands! ππ₯
π7β€1
Crypto soothsayer
Justin Sun & the FDUSD Rollercoaster π’ Justin Sun hinted that First Digital Trust might be insolvent and advised users to "protect their assets" π¬. FDUSD instantly dropped 12%. Now people are buying the dip while accusing Justin of spreading FUD for personalβ¦
Binance: According to the latest audit, the FDUSD stablecoin is backed 1:1. π°π§
π€5
π¨ Justin Sun: FDT is Bankrupt! π₯
Justin Sun claims that First Digital Trust (FDT) canβt return client funds and is de facto bankruptβyet still operates as a public trust in Hong Kong, posing risks to investors.
πΌ Legal action incoming: Techteryx has enlisted top international law firms to file lawsuits in multiple jurisdictions, including Hong Kong & the U.S.
βοΈ Regulators respond: Hong Kong authorities now consider revising financial regulations due to the FDT scandal.
π₯ Meanwhile, FDT burned 87M FDUSD in the last 24 hours! β PeckShield reports. π€
Justin Sun claims that First Digital Trust (FDT) canβt return client funds and is de facto bankruptβyet still operates as a public trust in Hong Kong, posing risks to investors.
πΌ Legal action incoming: Techteryx has enlisted top international law firms to file lawsuits in multiple jurisdictions, including Hong Kong & the U.S.
βοΈ Regulators respond: Hong Kong authorities now consider revising financial regulations due to the FDT scandal.
π₯ Meanwhile, FDT burned 87M FDUSD in the last 24 hours! β PeckShield reports. π€
β€4π1πΎ1