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BREAKING NEWS: FED Announced its Critical Interest Rate Decision! Good or Bad for Bitcoin? As of today, inflation data from the #USA has been followed in traditional financial markets and the cryptocurrency sector. The announcement of inflation below expectations (3.3%) enabled crypto assets to exhibit upward movements. Recently, the US Federal Reserve (FED) announced its new interest rate decision. The #FED announced that interest rates will be kept constant at 5.50%, in line with expectations. The US Federal Reserve (FED) included the following information in its economic report shared with the interest rate decision: ** We do not expect it to be appropriate to reduce the policy target range until there is greater confidence that inflation will move sustainably towards 2%. ** Despite the lack of progress noted in the May 1 statement, modest progress was made towards the 2% inflation target. ** Fed Policymakers predict that GDP growth will be 2.1% and the unemployment rate will be 4% in 2024; both were unchanged from March. Although the #FED did not make a surprise decision, the leading cryptocurrency #Bitcoin (BTC) faced selling pressure and experienced a decline to $ 68,800. It was revealed seconds later that these declines were a shaking movement. After the liquidation of long positions, BTC compensated for a significant part of the recent declines. As of now, all eyes in the crypto market are on FED Chairman Jerome Powell's press conference, which will start at 21.30 GMT. $BTC
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13 years ago today, they distributed free Bitcoin to everyone: Its value exceeded 670 million dollars. Bitcoin, which is around 67 thousand dollars today, may cause losses in the short term for some investors, but the "airdrop" of 5 BTC per person initiated by a website years ago today is still remembered. The total of coins distributed by the Bitcoin Faucet site, which was opened to users on June 11, 2010, exceeds 670 million dollars today. Today, it has been exactly 11 years since the site called #Bitcoin Faucet, created by Gavin Andresen, one of the early developers of Bitcoin and even the last person Satoshi Nakamoto contacted via e-mail, was launched. When this site was first established, it started giving 5 BTC to incoming members. Bitcoin Faucet continued BTC distributions until early 2012. However, the rise in price made these distributions increasingly difficult and at one point impossible. Andersen had already established this site to spread the word about Bitcoin. When the target was reached, the site was closed. It is thought that at least 10 thousand #BTC was distributed until the closure. The total value of these BTCs today exceeds 670 million dollars. Andersen stated in an interview that the number of Bitcoin distributed could approach 20 thousand. This figure increases the current value of distributed BTCs to over 1.2 billion dollars. The site, which Andersen initially funded with 1100 BTC, was later contributed by other supporters of the ecosystem. It is known that many people who made purchases in the early period bought their first #BTC on this site. When Bitcoin Faucet was first opened, the Bitcoin price ranged between 0.0008 and 0.1 dollars. $BTC
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🧙♂️ Russia's Moscow Stock Exchange officially stopped trading in US Dollars and Euros. 🧙♂️ Highstreet announced that 20 million coins were sold as a result of an unknown attack, after a 70% drop in the HIGH coin. 🧙♂️ SEC announced that Terraform Labs will pay a penalty of $ 4.4 billion. $BTC $ETH $BNB
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🧙♂️ The US Federal Reserve (FED) left the interest rate constant at 5.50%.
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The amount stolen in crypto attacks since 2011 has reached $19 billion. According to Crystal Intelligence's report, approximately $19 billion worth of cryptocurrency has been stolen in attacks since 2011, and the industry continues to struggle with blockchain-related crimes. The report highlights 785 incidents of crypto theft, consisting of 220 security breaches, 345 decentralized finance (DeFi) attacks, and 220 fraud schemes. The largest theft occurred in 2019, when $2.9 billion was stolen in connection with the Plus Token Ponzi scheme. Crypto crimes have continued to increase since then. In fact, 2023 is breaking records for the volume of crypto thefts, with 286 incidents totaling more than $2.3 billion. “Despite improved and enhanced monitoring and reporting mechanisms, illicit activities on blockchain have continued to increase,” the report said. expressions are included. #Ethereum has become the #1 target over the past two years, with 131 events worth a total of approximately $1.3 billion. The network is followed by Binance Smart Chain (#BSC ), which has been hacked 100 times for over $186 million. $BTC $ETH
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