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Current news from the world of cryptocurrencies and market analysis. Read us and have up-to-date information! We are open for cooperation: https://t.me/kryptoadv
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πŸ™ Kraken Fails to Dismiss Lawsuit from the SEC

βš–οΈ The court has ruled that the SEC is right in asserting that at least some transactions on Kraken qualify as investment contracts.

On November 20, 2023, the SEC filed a lawsuit against Kraken for operating as an unregistered securities exchange. πŸ€”
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Robert F. Kennedy Jr. has officially endorsed Donald Trump!

Robert F. Kennedy Jr. managed to attract a small fraction of Democratic voters who were hesitant to support Trump.

This is a well-known strategy for candidates with slim chances of winning, enabling them to position themselves for a role in a future administration. 🧐

Both Kennedy and Trump have made strong endorsements of Bitcoin, crypto, and mining.
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Mt. Gox wallets now contain less than 25% of their original BTC reserves allocated for creditor distribution. 🀷

At the start of 2021, Mt. Gox wallets held 141,690 BTC, with their peak dollar value hitting $10.12 billion in March 2024.

Currently, they hold 32,900 BTC, worth $2.11 billion. πŸ‘€
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"BTC back to 64K"

Me who holds 0.01 BTC 😁
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⚑️Breaking: Telegram founder Pavel Durov has been arrested in France for money laundering, drug trafficking, and child pornography. πŸ™€

Durov is accused of being complicit in these crimes because they allegedly happen through the messaging platform. Reports indicate that Pavel holds French citizenship, and under local laws, these charges could lead to a 20-year prison sentence ⚠️
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Here are some of the famous people and communities who supported Durov:

πŸ—£ Vitalik Buterin expressed concern about the future of software and communication freedoms in Europe, noting that the accusations against Telegram are troubling.

🌍 Salvadoran President Nayib Bukele invited people to move to El Salvador, promising protection for free speech, no censorship, and no property taxes.

πŸ’Έ Justin Sun offered $1 million to support Durov and launched the FreePavel DAO. Memeland and DWF Labs also bought TON for $1 million and $500,000 respectively, pledging not to sell until Durov is freed.

πŸ”„ Tether’s Paolo Ardoino criticized Europe, suggesting it’s regressing to darker times.

πŸ’Ž Elon Musk also advocated the dismissal of Telegram's founder.
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SEC's Bid to Hinder TRON Case Rejected by NY Judge

βš–οΈ A New York federal judge has denied the SEC's attempt to force a pre-trial conference in its securities fraud lawsuit against TRON and its founder, Justin Sun.

πŸ‘€The SEC accused TRON's lawyers of introducing new arguments after their initial dismissal motion, specifically challenging the "common enterprise" prong of the Howey Test.

πŸ“ TRON’s legal team argued that the SEC’s move was an attempt to create controversy and requested the court to reject the SEC’s demands.

πŸ‘ The judge agreed with TRON, ruling that the SEC’s request was untimely and unwarranted. The case continues in the Southern District of New York.
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πŸ“ According to a survey, women consider cryptocurrency one of the least attractive hobbies for men β€” even less attractive than watching anime or reading comics. πŸ™€

The only thing less appealing than crypto enthusiasts is Funko Pop collectors! πŸ€”

Hey, folks, do you think you're attractive?

β–ͺ️ Yes, I'm just a handsome devil the world has never seen! - πŸ‘

β–ͺ️ No, I even close my eyes while brushing my teeth to avoid seeing my reflection in the mirror β€” I'm that ugly! 😁
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🐳 Another Ethereum Whale Awakens

An inactive Ethereum address, which received its coins in the Genesis block and held 2000 ETH (worth $5.476 million), has moved all its funds to various wallets today.

The price of 1 ETH during the ICO was $0.31. πŸ‘€
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πŸ•— Bitcoin's clock reads 19:57

Bitcoin fans have crafted a cyclical model (with a full cycle being 4 years, and each "15 minutes" equating to 1 year), which suggests the bull market should start at 21:00 (in 4 months) and hit its peak at 00:00 (around 1 year and 4 months from now). 🧐

This model is based on past bull and bear cycles, with key markers being all-time highs and correction lows. πŸ“ˆπŸ“‰

So, brace yourselves for a potential $1 million per BTC in about 4 years 😏
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Crypto investo: " I never selling my car for the dip"

The next day : "A bicycle is an excellent, ecological mode of transport" 🀣
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The number of Bitcoin millionaires has surged by 111% in the past yearπŸ’°πŸš€

In that time, 6 additional Bitcoin addresses have achieved billionaire status, raising the total to 28. 🧐

Source: Cointelegraph.
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Durov could be released tomorrow 🧐

The French prosecutor's office has indicated that Pavel Durov might be released as soon as tomorrow. πŸ†“

However, this remains a rumor, and the price of TON has shown little response so far 🀷
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TON Network Overload: Delays in Transactions 🧐

πŸš€ Since the launch of the DOGS token withdrawal feature to non-exchange wallets, the TON network has been experiencing significant delays in transactions. Warnings about service disruptions have been posted in the interfaces of the Wallet crypto wallet, the STONfi trading platform, and other services.

🐢 DOGS has become the second major application on the TON blockchain to generate significant hype, following Notcoin.

πŸ‘€ According to market participants, DOGS isn't just another memecoin. The project's creators aim to realize Pavel Durov's vision of integrating stickers into Telegram that can be exchanged and traded as NFTs.

With this concept's strong potential, DOGS could become a pioneer in this niche.
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The three largest spot Bitcoin ETFsβ€”BlackRock, Grayscale, and Fidelityβ€”control 3.6% of the total Bitcoin supply. πŸ€”


Together, these ETFs hold 83% of all the Bitcoin managed by spot ETFs globally.
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MakerDAO has rebranded to Sky πŸ’«

As part of the rebranding, new tokens will be released on September 18:

β–ͺ️ USDS instead of DAI
β–ͺ️ SKY instead of MKR

DAI and MKR will remain in circulation, and the new tokens will coexist alongside them. Holders of the old tokens can exchange them for the new ones at a 1:1 ratio.
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Vitalik Buterin Reveals His Salary from the Ethereum Foundation πŸ’°

πŸ’²Ethereum's co-founder, Vitalik Buterin, earns an annual salary of 182,000 Singapore dollars ($140,000) from the Ethereum Foundation.

πŸ‘€ He shared this detail in response to a follower's inquiry about his income, based on the Foundation's 2023 payment report.

This figure doesn't include Buterin's personal investments in crypto and other assets. His public wallet, vitalik.eth, alone holds nearly $1.5 million in assets. 🧐

In June, Arkham valued Buterin's personal net worth at $850 million, with his crypto portfolio growing by around $300 million since the start of 2024.
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Binance Blocks Some Palestinian Customer Accounts

Ray Youssef, CEO of P2P marketplace NoOnes, has alleged that Binance confiscated all funds from Palestinian customers following a request from the Israel Defense Forces (IDF).

πŸ‘€ Youssef refers to a document signed by an Israeli Ministry of Defense official, detailing the administrative seizure of a user's crypto wallets due to funds received from Dubai Exchange in Gaza, an entity labeled as a terrorist organization in Israel.

Youssef asserts that Binance has refused to return the assets, with all appeals being rejected. πŸ’²πŸš«

However, journalist Colin Wu reports that Binance only blocked a small number of accounts connected to illicit funds.
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The Socios platform demonstrated the practical utility of fan tokens by facilitating real-life interactions between football stars and their fans. ⭐️⚽️

πŸ‡°πŸ‡· During a promotional tour in South Korea, Tottenham Hotspur, the English football club, gave fan token holders the chance to meet and engage with four of their star players, including South Korean icon Son Heung-min.
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Coming soon to theaters.... πŸ˜‚
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Crypto soothsayer
TON Network Overload: Delays in Transactions 🧐 πŸš€ Since the launch of the DOGS token withdrawal feature to non-exchange wallets, the TON network has been experiencing significant delays in transactions. Warnings about service disruptions have been posted in…
TON broke down because of DOGS πŸ™€

Due to the huge number of transactions with $DOGS, the TON network stopped producing blocks. 🚫

TON was down for more than 7 hours.
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