Crypto soothsayer
Robert Kiyosaki: Bitcoin is moving into the "Banana Zone." Kiyosaki believes that Raoul Pal, a former high-ranking executive at Goldman Sachs and the author of this concept, knows what heβs talking about. π The "Banana Zone" means that Bitcoin is becomingβ¦
Robert Kiyosaki stated that any ETFs are a fake.
Kiyosaki buys only real gold, silver, and Bitcoin, and keeps them away from banks and Wall Street bankers.
Kiyosaki buys only real gold, silver, and Bitcoin, and keeps them away from banks and Wall Street bankers.
π₯°24π19β€8πΎ7πΏ2
Fake Phantom Wallet Drains Crypto! β οΈπ¨
π» A fake Phantom wallet on Appleβs app store is stealing user funds when recovering accounts with private keys. The scam app mimics the original Phantom wallet but is listed as an educational app by "Meta Voxify."
Despite being removed, it still appears under βMeta Voxifyβ or βVoxify AI.β Many users reported losing funds, so stay alert and protect your crypto assets! ππ
π» A fake Phantom wallet on Appleβs app store is stealing user funds when recovering accounts with private keys. The scam app mimics the original Phantom wallet but is listed as an educational app by "Meta Voxify."
Despite being removed, it still appears under βMeta Voxifyβ or βVoxify AI.β Many users reported losing funds, so stay alert and protect your crypto assets! ππ
π64β€18π±8πΎ6
Possible Rug Pull by Dop!
π£ Rumors are spreading that Dop developers might disappear with $164 million.
Arkham has revealed that these funds are being distributed to different wallets for withdrawal. π°
Dop hasn't denied these claims and only tweeted "04.07.2024." π
It would be ironic if the developers have announced the exact date they plan to scam their audience π
π£ Rumors are spreading that Dop developers might disappear with $164 million.
Arkham has revealed that these funds are being distributed to different wallets for withdrawal. π°
Dop hasn't denied these claims and only tweeted "04.07.2024." π
It would be ironic if the developers have announced the exact date they plan to scam their audience π
π69π14π€11β€9π±7π₯°6πΎ6π5π5π€―3
This media is not supported in your browser
VIEW IN TELEGRAM
πΊ The crypto bros from EHT Capital had a blast at a club in Miami, reminding everyone that Craig Wright is not Satoshi (see the messages on the screens). I wonder if the cocktails there were as fake as his claims to be the creator of Bitcoin! πΈπ
π78β€17π₯°11π₯10πΎ10π7πΎ2π1
The SEC has officially filed a lawsuit against ConsenSys.
πΊπΈ The Securities and Exchange Commission (SEC) has initiated legal action against ConsenSys, the developer behind MetaMask.
The company is accused of engaging in the sale of securities and operating as an unregistered broker through its MetaMask platform.
The SEC has also identified the liquid staking programs of Lido and Rocket Pool as securities.
πΊπΈ The Securities and Exchange Commission (SEC) has initiated legal action against ConsenSys, the developer behind MetaMask.
The company is accused of engaging in the sale of securities and operating as an unregistered broker through its MetaMask platform.
The SEC has also identified the liquid staking programs of Lido and Rocket Pool as securities.
π58β€12πΎ8π5π₯1π₯°1π1
The SEC has sent back S-1 forms for Ethereum ETF issuers for revisions
π During the latest round of negotiations, the Securities and Exchange Commission (SEC) returned the S-1 forms to the issuers.
According to a source from The Block, the forms were returned with few comments. Issuers have been asked to resubmit the documents by July 8. π§
Bloomberg analyst Eric Balchunas adjusted his forecast, stating that the approval process will begin after July 8.
π During the latest round of negotiations, the Securities and Exchange Commission (SEC) returned the S-1 forms to the issuers.
According to a source from The Block, the forms were returned with few comments. Issuers have been asked to resubmit the documents by July 8. π§
Bloomberg analyst Eric Balchunas adjusted his forecast, stating that the approval process will begin after July 8.
π44β€9πΎ7π₯6π3π1
The co-founder of Kraken donated $1 million in crypto to Donald Trump's pre-election campaign
π° The co-founder of Kraken, Jess Powell, donated $1 million, primarily in ETH, to Donald Trump's pre-election campaign.
He stated his support for "pro-crypto major party candidate".
Powell concluded his announcement with the hashtag #freeross, referencing Trump's promise to pardon Silk Road founder Ross Ulbricht. π΄ββ οΈ
Previously, Gemini founders Cameron and Tyler Winklevoss donated $2 million in Bitcoin to Trump. However, part of the funds was returned due to exceeding the maximum allowable donation.π§
π° The co-founder of Kraken, Jess Powell, donated $1 million, primarily in ETH, to Donald Trump's pre-election campaign.
He stated his support for "pro-crypto major party candidate".
Powell concluded his announcement with the hashtag #freeross, referencing Trump's promise to pardon Silk Road founder Ross Ulbricht. π΄ββ οΈ
Previously, Gemini founders Cameron and Tyler Winklevoss donated $2 million in Bitcoin to Trump. However, part of the funds was returned due to exceeding the maximum allowable donation.π§
π37β€22πΎ11π₯°5π3
21Shares has applied to launch a Solana ETF.
π Swiss company 21Shares has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) to register an exchange-traded fund based on the cryptocurrency Solana (SOL).
π The product is expected to be listed on the Cboe BZX exchange, with the ticker yet to be specified. Coinbase Custody Trust Company will act as the custodian for SOL.
21Shares submitted the documents the day after VanEck. Previously, both companies filed updated applications for Ethereum spot ETFs.
π Swiss company 21Shares has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) to register an exchange-traded fund based on the cryptocurrency Solana (SOL).
π The product is expected to be listed on the Cboe BZX exchange, with the ticker yet to be specified. Coinbase Custody Trust Company will act as the custodian for SOL.
21Shares submitted the documents the day after VanEck. Previously, both companies filed updated applications for Ethereum spot ETFs.
π49πΎ11β€6π6π₯°2
Court Dismisses Some SEC Charges Against Binance and Changpeng Zhao
βοΈ The court has partially dismissed the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance, though most of the charges will still be reviewed.
The court granted the exchangeβs motion to dismiss the regulatorβs claims regarding secondary sales of the BNB token, the offering of the BUSD stablecoin, and the Simple Earn product. π°
π However, the review of SEC's charges related to the ICO and subsequent sales of BNB by the platform, the BNB Vault program, failure to register, and non-compliance with anti-fraud regulations will continue. The same applies to the staking service on Binance.US.
π€· The charges against former Binance head Changpeng Zhao, alleging that he violated the Exchange Act as a controlling person, remain in the case.
βοΈ The court has partially dismissed the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance, though most of the charges will still be reviewed.
The court granted the exchangeβs motion to dismiss the regulatorβs claims regarding secondary sales of the BNB token, the offering of the BUSD stablecoin, and the Simple Earn product. π°
π However, the review of SEC's charges related to the ICO and subsequent sales of BNB by the platform, the BNB Vault program, failure to register, and non-compliance with anti-fraud regulations will continue. The same applies to the staking service on Binance.US.
π€· The charges against former Binance head Changpeng Zhao, alleging that he violated the Exchange Act as a controlling person, remain in the case.
π118β€22πΎ21πΏ9π₯°7π₯1π1
Not yet a billionaire!
π The value of digital assets owned by Ethereum co-founder Vitalik Buterin exceeds $857.5 million, according to Arkham.
At the beginning of the year, the figure was $552.9 million. π
The majority of Buterin's wealth comes from the initial distribution of the second-largest cryptocurrency by market capitalization (246,730 ETH). His portfolio also includes other assets like KNC and WETH, but their combined share in his portfolio does not exceed 1%.
π Currently, Buterin is among the top 20 largest holders of ETH.
Although Vitalik Buterin is not a billionaire at the moment, he was one in 2021. This was at the peak of the previous Ethereum bull cycle when Buterin's wealth reached $2.09 billion with Ethereum priced at $4891. π°
π The value of digital assets owned by Ethereum co-founder Vitalik Buterin exceeds $857.5 million, according to Arkham.
At the beginning of the year, the figure was $552.9 million. π
The majority of Buterin's wealth comes from the initial distribution of the second-largest cryptocurrency by market capitalization (246,730 ETH). His portfolio also includes other assets like KNC and WETH, but their combined share in his portfolio does not exceed 1%.
π Currently, Buterin is among the top 20 largest holders of ETH.
Although Vitalik Buterin is not a billionaire at the moment, he was one in 2021. This was at the peak of the previous Ethereum bull cycle when Buterin's wealth reached $2.09 billion with Ethereum priced at $4891. π°
π86πΎ10β€8π4π₯3π3π2π―1
The Number of Bitcoin ATMs Nears Record Levels!
π As of the end of June, the number of crypto ATMs worldwide reached 38,278 units, nearing the December 2022 peak of 39,541 devices, according to Coin ATM Radar data.
π Since the beginning of the year, 2,564 new Bitcoin ATMs have been installed, increasing the total number by 17.8%. However, the sector also saw a loss of 2,861 units throughout 2023, a decrease of approximately 11.5%.
πΊπΈ The United States remains the undisputed leader, accounting for 82% (31,968) of the total number of crypto ATMs. π¨π¦ Canada holds the second position with a 7.7% share (3,028). In April, π¦πΊ Australia moved into third place, with its share reaching 2.8% (1,107).
π As of the end of June, the number of crypto ATMs worldwide reached 38,278 units, nearing the December 2022 peak of 39,541 devices, according to Coin ATM Radar data.
π Since the beginning of the year, 2,564 new Bitcoin ATMs have been installed, increasing the total number by 17.8%. However, the sector also saw a loss of 2,861 units throughout 2023, a decrease of approximately 11.5%.
πΊπΈ The United States remains the undisputed leader, accounting for 82% (31,968) of the total number of crypto ATMs. π¨π¦ Canada holds the second position with a 7.7% share (3,028). In April, π¦πΊ Australia moved into third place, with its share reaching 2.8% (1,107).
π41β€6πΎ5π₯°2
Activity in Runes Dropped by 90% π
Over the past week, miners earned less than 2 BTC from runes. π€·
For example, on April 24, their profit was 884 BTC.
The number of transactions in runes has also dropped by nearly 90%.π§
Over the past week, miners earned less than 2 BTC from runes. π€·
For example, on April 24, their profit was 884 BTC.
The number of transactions in runes has also dropped by nearly 90%.π§
π23π€18β€8πΎ6
Sony Prepares to Launch Crypto Exchange in Japan! π
π Sony is set to enter the cryptocurrency exchange market in Japan by revamping the WhaleFin platform, which it acquired last year. Renamed to S.BLOX Co., the new exchange aims to collaborate with other Sony businesses to enhance its crypto trading services. The redesign includes a new user interface and a mobile app for easier use, though the exact launch date remains undisclosed.π§
πOriginally, the platform was Japan's DeCurret exchange, acquired by Amber Group in 2022. Sony's subsidiary Quetta Web Co. took over in August 2023. This move aligns with Sonyβs broader Web3 ambitions, including a partnership with blockchain firm Startale Labs to develop a public blockchain network.
π Sony is set to enter the cryptocurrency exchange market in Japan by revamping the WhaleFin platform, which it acquired last year. Renamed to S.BLOX Co., the new exchange aims to collaborate with other Sony businesses to enhance its crypto trading services. The redesign includes a new user interface and a mobile app for easier use, though the exact launch date remains undisclosed.π§
πOriginally, the platform was Japan's DeCurret exchange, acquired by Amber Group in 2022. Sony's subsidiary Quetta Web Co. took over in August 2023. This move aligns with Sonyβs broader Web3 ambitions, including a partnership with blockchain firm Startale Labs to develop a public blockchain network.
π34πΎ9β€5
π©πͺ The German government has transferred another 400 BTC ($25.2 million) to the crypto exchanges Bitstamp, Coinbase, and Kraken. β Arkham
German authorities have deposited 2700 BTC ($170 million) to exchanges in the past two weeks. π§
German authorities have deposited 2700 BTC ($170 million) to exchanges in the past two weeks. π§
π22πΎ21π1
Vitalik Buterin Criticizes Current Digital Asset Regulation
And once again about Vitalik Buterin π
π£ The co-founder of Ethereum has criticized the current regulation of cryptocurrencies, stating that honest developers have been cornered.
π In his opinion, projects with vague promises of potential returns remain outside the regulators' attention, while honest and transparent projects are immediately classified as "securities."
Buterin called this an anarcho-tyranny, where acting honestly becomes risky. As a result, the industry attracts less scrupulous projects. π€
π³ He believes it should be the other way around: regulators should pay more attention to projects without a clear long-term strategy rather than those that provide a clear justification of their economic value.
And once again about Vitalik Buterin π
π£ The co-founder of Ethereum has criticized the current regulation of cryptocurrencies, stating that honest developers have been cornered.
π In his opinion, projects with vague promises of potential returns remain outside the regulators' attention, while honest and transparent projects are immediately classified as "securities."
Buterin called this an anarcho-tyranny, where acting honestly becomes risky. As a result, the industry attracts less scrupulous projects. π€
π³ He believes it should be the other way around: regulators should pay more attention to projects without a clear long-term strategy rather than those that provide a clear justification of their economic value.
π52πΎ12π₯°7π€4β€2
π Billionaire Peter Thiel is Uncertain About a Significant BTC Increase
The PayPal co-founder doesnβt know when a new "batch of buyers" will enter the market, as all attention is currently focused on the Bitcoin ETF. π§
Itβs worth noting that Thielβs fund invested in Bitcoin back in 2014, and in 2022, it realized a profit of $1.8 billion before the price drop.
π It turns out that his vision of the first cryptocurrency didnβt align with reality. Initially, he saw BTC as anarchic, government-resistant money, but:
The PayPal co-founder doesnβt know when a new "batch of buyers" will enter the market, as all attention is currently focused on the Bitcoin ETF. π§
Itβs worth noting that Thielβs fund invested in Bitcoin back in 2014, and in 2022, it realized a profit of $1.8 billion before the price drop.
π It turns out that his vision of the first cryptocurrency didnβt align with reality. Initially, he saw BTC as anarchic, government-resistant money, but:
βWhen people in the FBI tell me that theyβd much rather have criminals use Bitcoin than $100 bills it suggests that maybe itβs not quite working the way it was supposed to.
π53πΎ11π€4β€2π₯1
Tether Enables Filipinos to Pay Social Contributions with USDT
π€ Tether has partnered with the Uquid platform to allow Filipinos to pay their social contributions using USDT on the TON blockchain.
π΅π The Philippine Social Security System is a government program that provides social services and insurance for workers across various sectors of the economy, including formal, informal, and private sectors.
π€ Tether has partnered with the Uquid platform to allow Filipinos to pay their social contributions using USDT on the TON blockchain.
π΅π The Philippine Social Security System is a government program that provides social services and insurance for workers across various sectors of the economy, including formal, informal, and private sectors.
π55πΎ12β€1π₯°1
Circle Obtains MiCA-Compatible License
Circle has become the first stablecoin issuer to receive a license compatible with the European MiCA regulations.
USDC and EURC are now officially authorized in the EU. π§
Circle has become the first stablecoin issuer to receive a license compatible with the European MiCA regulations.
USDC and EURC are now officially authorized in the EU. π§
π67β€12πΎ11π€10π₯4
The streak of inflows into Bitcoin ETFs extended for the fifth consecutive day
π On July 1st, net inflows into spot Bitcoin ETFs totaled $129.5 million, as reported by SoSoValue.
In the past five trading days, a cumulative $266.8 million has flowed into these products, bringing the total since approval to $14.65 billion. π°
Total assets under management approached $54.9 billion.
Leading in inflows on July 1st were Fidelity's FBTC ($65 million), Bitwise's BITB ($41 million), Ark Invest's ARKB ($13 million), VanEck's HODL ($5 million), Invesco's BTCO ($3 million), and Franklin Templeton's EZBC ($2 million). No changes were reported for other instruments. π€·
π On July 1st, net inflows into spot Bitcoin ETFs totaled $129.5 million, as reported by SoSoValue.
In the past five trading days, a cumulative $266.8 million has flowed into these products, bringing the total since approval to $14.65 billion. π°
Total assets under management approached $54.9 billion.
Leading in inflows on July 1st were Fidelity's FBTC ($65 million), Bitwise's BITB ($41 million), Ark Invest's ARKB ($13 million), VanEck's HODL ($5 million), Invesco's BTCO ($3 million), and Franklin Templeton's EZBC ($2 million). No changes were reported for other instruments. π€·
π40β€13πΎ8π1