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BITCOIN IS THE ONLY WAY TO GET AHEAD!

YES or YESSSSSSSS?

#bitcoin #btc  #crypto  #stocks  #trading 
$BTC $ETH $BNB

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🚨 Durov Disables Personal Geolocation On Telegram Amid Privacy Concerns Telegram founder Pavel Durov has announced significant updates to the platform, including the removal of the controversial "People Nearby" feature, which had been criticized for potentially enabling state surveillance. In his Sept. 6 announcement, Durov explained that while most Telegram users were not misusing the feature, the small percentage involved in illicit activities posed an outsized risk. Geolocation changes: The "People Nearby" feature, previously allowing users to see others’ locations, will be replaced by a safer "businesses nearby" option. This shift reflects Telegram’s broader move towards prioritizing user safety and addressing mounting concerns over privacy. Content moderation ramp-up: Telegram is also cutting media uploads to its "Telegraph" blog platform, which was reportedly misused by malicious actors. Durov committed to improving Telegram's moderation efforts, stating, "We are committed to turning moderation on Telegram from an area of criticism into one of praise." Background context: These changes come amid serious legal challenges for Durov. French authorities have accused Telegram of failing to adequately moderate harmful content, including child exploitation materials. Durov, arrested in August 2024, was charged with money laundering, criminal association, and operating without a license. French law enforcement claims Telegram refused to assist with identifying individuals linked to these illicit activities. Is Durov giving in or will he keep fighting for freedom and privacy? 👇 Drop your opinion below! Your @Professor Mende - Bonuz Ecosystem Founder #TON #TelegramCEO #CryptoMarketMoves #altcoins #BinanceBlockchainWeek $TON

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🚨 Why is BITCOIN DOWN? 3 Reasons! Bitcoin’s price is down today, primarily influenced by economic concerns and upcoming U.S. jobs data. As of Sept. 4, BTC has dropped by 3.3%, trading at around $55,600, marking its lowest point in a month. The decline mirrors broader risk asset sell-offs, such as the S&P 500, due to increasing fears of a recession. 1. Recession Fears Hit Bitcoin and Stocks The drop comes as traders prepare for key U.S. jobs data, which is expected to slow down the labor market. This follows other indicators like declining manufacturing activity, raising concerns about economic growth rather than inflation. A cooling jobs market is heightening market jitters, leading to large outflows from Bitcoin ETFs—$287.80 million in daily outflows, the longest streak since June. 2. Bitcoin Futures Market Signals Caution Open interest (OI) in Bitcoin futures has fallen from $37.5 billion in July to $30 billion as of Sept. 4, signaling reduced confidence among traders. Funding rates have also dropped, indicating less demand for leveraged long positions as traders de-risk ahead of economic data. 3. Technical Breakdown in Progress Technically, Bitcoin is breaking down from a "rising wedge" pattern, which typically signals further declines. If the current trend continues, BTC could fall to around $54,000 in the near term. However, a bounce from the $56,300 support level could push the price up to $59,000, invalidating the bearish setup. In summary, Bitcoin’s recent price action reflects broader market caution around the U.S. economic outlook and concerns about the Fed's next moves, making it a volatile time for crypto traders. Stay updated with @Professor Mende - Bonuz Ecosystem Founder ! #TON #bitcoin #CryptoMarketMoves #USNonFarmPayrollReport #market $BTC

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BITCOIN CRASHED Below $55k - What Happened Today 1. Ripple co-founder backs Kamala Harris for president: Chris Larsen, Ripple’s co-founder and executive chairman, joined 87 corporate leaders endorsing Kamala Harris for the 2024 U.S. presidential election. The letter, signed by other big names like Box CEO Aaron Levie and Yelp’s Jeremy Stoppelman, highlights growing crypto interest in politics. We all know which Banks are highly interested in Ripple and how this doesn't help decentralization so that's one negative update. 2. Telegram’s Pavel Durov breaks silence after arrest: Pavel Durov, the founder of Telegram, made his first public statement after being arrested in France on August 24. The tech billionaire, surprised by his detention, emphasized that French authorities could have easily reached him through legal representatives or the French Consulate in Dubai. Durov reiterated his commitment to free speech, hinting that Telegram may leave jurisdictions that clash with its values. 3. Kamala Harris campaign accepts crypto donations via Super PAC: Kamala Harris’ presidential campaign has opened the door to crypto donations, confirmed through the Future Forward Super PAC. Although initially misunderstood, Coinbase CFO Alesia Haas clarified that the PAC, not the Harris campaign itself, uses Coinbase Commerce to accept contributions. Future Forward raised over $163 million, previously spending $150 million to support Biden in 2020. Crypto-focused PACs are ramping up their influence, with Coinbase also being a top donor to the Fairshake PAC. From Ripple’s political plays to Telegram’s legal drama, today’s crypto news shows just how deeply blockchain and digital assets are embedding into global POLITICS. Maybe that's one of the reasons why Bitcoin is down that much? Politics and values of "freedom" and "decentralization" don't really get along. What do you think? Stay updated with @Professor Mende - Bonuz Ecosystem Founder ! #TON #TelegramCEO #CryptoMarketMoves #USNonFarmPayrollReport $BTC

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💰BREAKING: Mastercard introduces Crypto Debit Card!!! Mastercard has unveiled a groundbreaking euro-denominated debit card that allows users to spend Bitcoin and other cryptocurrencies directly from non-custodial wallets. This initiative marks Mastercard's continued expansion into the crypto space, aiming to integrate Bitcoin seamlessly with its vast payment network of over 100 million merchants worldwide. In collaboration with Bitcoin and crypto payments provider Mercury, the new card enables European Bitcoin holders to make direct transactions from their self-hosted wallets without needing to store funds with a third-party intermediary. This approach provides enhanced security and control, allowing users to maintain full ownership of their digital assets while spending them freely. Christian Rau, Senior Vice President of Mastercard's crypto unit, highlighted the card's benefits: "We are providing consumers who want to spend their digital assets with an easy, reliable, and secure way to do so, anywhere Mastercard is accepted." This move aligns with Mastercard's strategy to bridge the gap between traditional financial services and the burgeoning world of digital currencies. The card eliminates the need for users to sell their Bitcoin or other cryptocurrencies on exchanges before spending, streamlining the process and avoiding additional steps. However, it comes with associated costs, including a €1.6 issuance fee, a €1 monthly maintenance fee, and a 0.95% transaction fee. By supporting non-custodial wallets, Mastercard is addressing a significant demand in the crypto community, particularly among those who prefer greater autonomy and security over their assets compared to centralized exchanges. A super BULLISH move by Mastercard, don't you think? Follow @Professor Mende - Bonuz Ecosystem Founder e for more updates! #mastercard #BNBChainMemecoins #CryptoMarketMoves #cryptonews #news $BTC

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⛔ Over 600 BITCOIN ATMs Shut Down Globally in 2 Months In a significant regulatory push, over 600 Bitcoin ATMs have gone offline worldwide in the first two months of Q3 2024, with the majority of shutdowns occurring in the United States. This move is part of a broader crackdown by law enforcement on ATMs involved in extortion and scams. July: 435 machines shut down August: 182 machines shut down United States: Accounted for 411 shutdowns in July and 258 in August Regulatory Actions: In response to the rising concerns about Bitcoin ATM misuse, local and national authorities are stepping up efforts to regulate these machines. For instance, Chico, California is considering treating Bitcoin ATMs similarly to banks, as discussed by Andy Pickett, chief administrative officer of Butte County. Scam Concerns: The Federal Trade Commission (FTC) has reported a tenfold increase in Bitcoin ATM scams since 2020. In 2023 alone, losses from these scams exceeded $110 million, with older individuals being particularly targeted. These scams often involve fraudsters misleading victims into transferring funds through Bitcoin ATMs. Current Landscape: As of September 5, Coin ATM Radar data shows there are approximately 38,790 crypto ATMs globally. The US and Canada collectively account for about 91% of these ATMs. The top 10 operators manage 74% of the total machines, with Bitcoin Depot operating the largest number of ATMs and implementing scam warnings on its kiosks. International Crackdowns: In Europe, Germany's Federal Financial Supervisory Authority recently seized 13 crypto ATMs from 35 locations, emphasizing the need for rigorous Know Your Customer (KYC) controls for transactions above 10,000 euros. Similarly, Singapore has banned crypto ATMs as part of a broader regulatory effort. What do you think about this? 👇 Drop a comment below and follow @Professor Mende - Bonuz Ecosystem Founder for more updates! #atm #bitcoinatm #BNBChainMemeCoin #CryptoMarketMoves $TON

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