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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๐ Scroll founder: "Tariffing L2s is one of the most toxic ideas for Ethereumโs future."
The Ethereum community is discussing the idea of charging L2 solutions extra fees for using L1. ๐ค
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. ๐ค
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.
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๐ Space Quest XII and the Mysterious "Buckazoids" ๐
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 playerโs 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 wasnโt the designer of these! He originally proposed the symbol "BC" for Bitcoin. ๐
Maybe Bukazoids were the OG crypto? ๐ฐ
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 playerโs 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 wasnโt the designer of these! He originally proposed the symbol "BC" for Bitcoin. ๐
Maybe Bukazoids were the OG crypto? ๐ฐ
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๐ 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. ๐๐ฅ
Thenโฆ BTC tanked below $85K when Donnie decided more is more, adding 34% tariffs for China and 20% for the EU. ๐๐ต
Whatโs next? Nobody knows. Best strategy: close your laptop, turn off your phone, and take a nap. ๐ด๐ต
BTC soared past $88K as Trump dropped a 10% tariff bomb on all imports and slapped 25% on cars. ๐๐ฅ
Thenโฆ BTC tanked below $85K when Donnie decided more is more, adding 34% tariffs for China and 20% for the EU. ๐๐ต
Whatโs next? Nobody knows. Best strategy: close your laptop, turn off your phone, and take a nap. ๐ด๐ต
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Justin Sun & the FDUSD Rollercoaster ๐ข
Justin Sun hinted that First Digital Trust might be insolvent and advised users to "protect their assets" ๐ฌ. FDUSD instantly dropped 12%.
Now people are buying the dip while accusing Justin of spreading FUD for personal gain. ๐คทโโ๏ธ
April Foolsโ was yesterday, manโwhy play with hearts (and bags) like this? ๐ ๐ธ
Justin Sun hinted that First Digital Trust might be insolvent and advised users to "protect their assets" ๐ฌ. FDUSD instantly dropped 12%.
Now people are buying the dip while accusing Justin of spreading FUD for personal gain. ๐คทโโ๏ธ
April Foolsโ was yesterday, manโwhy play with hearts (and bags) like this? ๐ ๐ธ
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๐ Institutions Bought 95,000 BTC in Q1, But Why Is It Down? ๐ค
CryptoQuant reports that public companies snapped up $8B in BTC last quarter!
Top Buyers:
๐น MicroStrategy: +81,785 BTC
๐น Tether: +8,888 BTC
๐น The Blockchain Company: +605 BTC
๐น Semler Scientific: +1,108 BTC
๐น Metaplanet: +2,285 BTC
More incoming: Marathon Digital ($2B) & GameStop ($1.5B) prepping to buy!
โ So why is BTC still down?
1๏ธโฃ OG whales dumped 178K BTC ($15.2B), outpacing institutional buys
2๏ธโฃ ETF outflows: -$4.8B left Bitcoin ETFs in Q1
Big buys, bigger sellsโbulls need stronger hands! ๐๐ฅ
CryptoQuant reports that public companies snapped up $8B in BTC last quarter!
Top Buyers:
๐น MicroStrategy: +81,785 BTC
๐น Tether: +8,888 BTC
๐น The Blockchain Company: +605 BTC
๐น Semler Scientific: +1,108 BTC
๐น Metaplanet: +2,285 BTC
More incoming: Marathon Digital ($2B) & GameStop ($1.5B) prepping to buy!
โ So why is BTC still down?
1๏ธโฃ OG whales dumped 178K BTC ($15.2B), outpacing institutional buys
2๏ธโฃ ETF outflows: -$4.8B left Bitcoin ETFs in Q1
Big buys, bigger sellsโbulls need stronger hands! ๐๐ฅ
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Crypto soothsayer
Justin Sun & the FDUSD Rollercoaster ๐ข Justin Sun hinted that First Digital Trust might be insolvent and advised users to "protect their assets" ๐ฌ. FDUSD instantly dropped 12%. Now people are buying the dip while accusing Justin of spreading FUD for personalโฆ
Binance: According to the latest audit, the FDUSD stablecoin is backed 1:1. ๐ฐ๐ง
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๐จ Justin Sun: FDT is Bankrupt! ๐ฅ
Justin Sun claims that First Digital Trust (FDT) canโt return client funds and is de facto bankruptโyet still operates as a public trust in Hong Kong, posing risks to investors.
๐ผ Legal action incoming: Techteryx has enlisted top international law firms to file lawsuits in multiple jurisdictions, including Hong Kong & the U.S.
โ๏ธ Regulators respond: Hong Kong authorities now consider revising financial regulations due to the FDT scandal.
๐ฅ Meanwhile, FDT burned 87M FDUSD in the last 24 hours! โ PeckShield reports. ๐ค
Justin Sun claims that First Digital Trust (FDT) canโt return client funds and is de facto bankruptโyet still operates as a public trust in Hong Kong, posing risks to investors.
๐ผ Legal action incoming: Techteryx has enlisted top international law firms to file lawsuits in multiple jurisdictions, including Hong Kong & the U.S.
โ๏ธ Regulators respond: Hong Kong authorities now consider revising financial regulations due to the FDT scandal.
๐ฅ Meanwhile, FDT burned 87M FDUSD in the last 24 hours! โ PeckShield reports. ๐ค
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๐บ๐ธ Trump, Crypto & SEC: A Conflict of Interest? ๐คจ
Reuters reports that Democrats are pushing the SEC to release documents on Trumpโs World Liberty Financial (WLFI) crypto project.
๐ Key concerns:
โช๏ธ White House-SEC communications about WLFI
โช๏ธ Measures to prevent Trump's financial influence on SEC decisions
โช๏ธ WLFI investor linksโincluding Justin Sun
Senators Warren & Waters fear that Trumpโs family could rake in hundreds of millions from a business regulated by his own administration (75% from sales).
๐จ Is the US president using crypto for personal gain? The SEC is under pressure to answer.
Reuters reports that Democrats are pushing the SEC to release documents on Trumpโs World Liberty Financial (WLFI) crypto project.
๐ Key concerns:
โช๏ธ White House-SEC communications about WLFI
โช๏ธ Measures to prevent Trump's financial influence on SEC decisions
โช๏ธ WLFI investor linksโincluding Justin Sun
Senators Warren & Waters fear that Trumpโs family could rake in hundreds of millions from a business regulated by his own administration (75% from sales).
๐จ Is the US president using crypto for personal gain? The SEC is under pressure to answer.
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