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Urgent BTC Update ( 65k is on the way?) Date: 24 May 2024 Alhamdulillah , As predicted on 22 May that $BTC will go to 67,700 area but price of BTC at time of prediction was 70,200. And you can check price now. 🚨 If you have not followed yet then follow so you do not miss next move of #BTC☀️ . Let's discuss next move of BTC. If we look on charts then it is clear that an imbalance area has formed around 66,600. According to past history mostly such area filled. I hope this time it will be filled. Also it is main support of #BITCOINUSD . If we look on liquidation heat map then it will be revealed that $1B+ will be get liquidate if price hit 66k area so maximum chance BTC hit 66k area. If I explain it then it will be in this context that the traders who open long in future trading Thier s.l or liquidation will be on downward side. The no. of longer position is more then shorters. Mostly market move to grab liquidation. This time liquidation is on downward side. Maximum chance BTC move in downward direction and grab liquidation . If we look again on charts then we will find a rising trend line support in area of 65000 to 66000 more buyers are present their . Mostly market show bigger move from trend line support. This time we can expect same thing that #BTC go to 66k area and get support from their and start moving upward . I hope you understand . If you still have a question then ask in comment I will reply you. Do not forget to like and share the post. #DYOR* #MU_Traders
Urgent BTC Update ( 65k is on the way?)

Date: 24 May 2024

Alhamdulillah ,

As predicted on 22 May that $BTC will go to 67,700 area but price of BTC at time of prediction was 70,200. And you can check price now.

🚨 If you have not followed yet then follow so you do not miss next move of #BTC☀️ .

Let's discuss next move of BTC. If we look on charts then it is clear that an imbalance area has formed around 66,600. According to past history mostly such area filled. I hope this time it will be filled. Also it is main support of #BITCOINUSD .

If we look on liquidation heat map then it will be revealed that $1B+ will be get liquidate if price hit 66k area so maximum chance BTC hit 66k area. If I explain it then it will be in this context that the traders who open long in future trading Thier s.l or liquidation will be on downward side. The no. of longer position is more then shorters. Mostly market move to grab liquidation. This time liquidation is on downward side. Maximum chance BTC move in downward direction and grab liquidation .

If we look again on charts then we will find a rising trend line support in area of 65000 to 66000 more buyers are present their . Mostly market show bigger move from trend line support. This time we can expect same thing that #BTC go to 66k area and get support from their and start moving upward .

I hope you understand . If you still have a question then ask in comment I will reply you. Do not forget to like and share the post.

#DYOR* #MU_Traders
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BTC Update :

Date: 22 May 2024

Yesterday , predicted BTC will retest 69K level and then a new all time high will be created. All of you see $BTC retested $69k. But today analyzed graph in more detail and get some more accurate support and resistance and changed my opinion of ATH.

Must read full post before taking any decision. In last thier is also my point of view.

Current price of BTC is $70,100. If we look on chart a FVG level marked from $67,700 - $68,905. 90% chance BTC drop to $68k range ,fill FVG and bounce from their. So, 68k level has marked as support .

According to Elliott wave #BTC 5th Elliot Wave has completed . Mostly when 5th Elliot Wave complete price take a correction almost near to high of 3rd wave so 85% chance BTC correct to 68k level . And after correction a new wave will start which will bring it toward new ATH.

The above two concepts are base on technical analysis . We also need to keep eye on fundamental. Here are fundamental points:

1. SEC will approve #ETHETFS in next 2 days (Bullish).

2. Today a bill will be approve or not about crypto. If approve it will also Bullish .

My point of view: Fundamental are bullish , technical bearish. I will respect technical as $ETH ETF is 1 day away. Technical will perform Thier action in 24 hours. I will wait for filling of FVG and take entry at 68,500 and will do DCA.

🚨🚨🚨Note: #MU_Traders is not a financial advisor so #DYOR* . Take care of your money. If you find this post helpful then do not forget to like and share. Must give your opinion about BTC next movement . Follow if you have not followed yet.

#pizzaday
Can they dethrone the king of cryptocurrencies?👑 🚨Bitcoin has been the uncrowned king of cryptocurrencies in the digital money world for more than 14 years. At the same time, its biggest challenger, Ethereum, has become increasingly popular in recent years, which raises the question: will we soon witness the dethroning of Bitcoin?🚨 #BITCOINUSD $BTC $ETH
Can they dethrone the king of cryptocurrencies?👑

🚨Bitcoin has been the uncrowned king of cryptocurrencies in the digital money world for more than 14 years. At the same time, its biggest challenger, Ethereum, has become increasingly popular in recent years, which raises the question: will we soon witness the dethroning of Bitcoin?🚨 #BITCOINUSD
$BTC
$ETH
Yes
32%
No
68%
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Eric Balchunas on Bitcoin Spot ETF Approval Signals🚨🚨🚨👇 Bloomberg analyst Eric Balchunas noted that the SEC's silence as deadlines approach suggests lower chances for Bitcoin spot ETF approvals. Despite political opposition to Bitcoin spot ETFs, there's been a surprising shift favoring Ethereum spot ETFs. ✅NOTE: Follow For More... to get free VIP Signals , Chart Analysis 🚨, and update news. So you will not miss any signals or opportunity.💰💰 🚀 💼 Fill your bags now if you haven't already! It's not too late to join the party and ride the wave to profits. 💰 🙌 Thank me later. Don't miss out on this opportunity! 🌟 $BTC $ETH #ETHETFS #BTCETF #SECETFApproval #realmabbaskhan #BITCOINUSD
Eric Balchunas on Bitcoin Spot ETF Approval Signals🚨🚨🚨👇

Bloomberg analyst Eric Balchunas noted that the SEC's silence as deadlines approach suggests lower chances for Bitcoin spot ETF approvals.

Despite political opposition to Bitcoin spot ETFs, there's been a surprising shift favoring Ethereum spot ETFs.

✅NOTE: Follow For More... to get free VIP Signals , Chart Analysis 🚨, and update news.
So you will not miss any signals or opportunity.💰💰

🚀
💼 Fill your bags now if you haven't already! It's not too late to join the party and ride the wave to profits. 💰
🙌 Thank me later. Don't miss out on this opportunity! 🌟

$BTC $ETH #ETHETFS #BTCETF #SECETFApproval #realmabbaskhan #BITCOINUSD
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In the long term (daily charts), BTC has started to rise from the trend line. In the shorter term, the RS on the H4 chart already indicates that the short-term downward trend has been broken. I was expecting a correction down to $59,000-$60,000, but this now seems unlikely, which further supports a bullish scenario. STOP LOSS: If it goes below $58,000 and breaks the long trend that has been ongoing for months. If this trend continues, we can expect a bigger rally than the last two waves in this trend. The primary target price is $70,000. After some minor sideways movement, we anticipate a rise up to $100,000. #btcupdates2024 #Bitcoin❗ #BITCOINUSD #Markete #BTC $BTC $BTC
In the long term (daily charts), BTC has started to rise from the trend line. In the shorter term, the RS on the H4 chart already indicates that the short-term downward trend
has been broken. I was expecting a correction down to $59,000-$60,000, but this now seems unlikely, which further supports a bullish scenario.
STOP LOSS: If it goes below $58,000 and breaks the long trend that has been ongoing for months.
If this trend continues, we can expect a bigger rally than the last two waves in this trend. The primary target price is $70,000. After some minor sideways movement, we anticipate a rise up to $100,000.
#btcupdates2024 #Bitcoin❗ #BITCOINUSD #Markete #BTC $BTC $BTC
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Will $BTC Go 100,000$ in this Month$BTC #Bitcoin❗ #BITCOINUSD #bitcoinupdate2024 #Bitcoinarena #Bitcoinblockchain Predicting Bitcoin's price is speculative, but reaching $100,000 this month is highly unlikely for several reasons: 1. Current Price Gap and Market Dynamics Bitcoin is currently trading far below $100,000. Achieving this price would require an unprecedented and massive influx of capital into the market. The scale of investment needed to push Bitcoin to $100,000 in a single month is extraordinarily high, necessitating a market cap increase of nearly a trillion dollars, which has no historical precedent. 2. Historical Performance and Volatility Bitcoin is known for its volatility, but even during its most bullish periods, such extreme and rapid increases are rare. Historically, Bitcoin's most significant monthly gains have been substantial but not to the extent of reaching $100,000 in such a short time. The cryptocurrency market, despite its potential for rapid changes, generally follows broader financial trends and investor sentiment cycles that do not support such a dramatic rise in just one month. 3. Regulatory and Economic Factors The regulatory environment for cryptocurrencies is continuously evolving, with both supportive and restrictive measures impacting prices. However, it is unlikely that regulatory developments alone would drive Bitcoin to $100,000 so quickly. Additionally, global economic conditions, including inflation rates, interest rates, and market sentiment, influence Bitcoin's price. Current economic uncertainties and cautious investor behavior make such a rapid increase improbable. more@Mr_Master
Will $BTC Go 100,000$ in this Month$BTC
#Bitcoin❗ #BITCOINUSD #bitcoinupdate2024 #Bitcoinarena #Bitcoinblockchain
Predicting Bitcoin's price is speculative, but reaching $100,000 this month is highly unlikely for several reasons:

1. Current Price Gap and Market Dynamics

Bitcoin is currently trading far below $100,000. Achieving this price would require an unprecedented and massive influx of capital into the market. The scale of investment needed to push Bitcoin to $100,000 in a single month is extraordinarily high, necessitating a market cap increase of nearly a trillion dollars, which has no historical precedent.

2. Historical Performance and Volatility

Bitcoin is known for its volatility, but even during its most bullish periods, such extreme and rapid increases are rare. Historically, Bitcoin's most significant monthly gains have been substantial but not to the extent of reaching $100,000 in such a short time. The cryptocurrency market, despite its potential for rapid changes, generally follows broader financial trends and investor sentiment cycles that do not support such a dramatic rise in just one month.

3. Regulatory and Economic Factors

The regulatory environment for cryptocurrencies is continuously evolving, with both supportive and restrictive measures impacting prices. However, it is unlikely that regulatory developments alone would drive Bitcoin to $100,000 so quickly. Additionally, global economic conditions, including inflation rates, interest rates, and market sentiment, influence Bitcoin's price. Current economic uncertainties and cautious investor behavior make such a rapid increase improbable.
more@Mr_Master
Will $BTC Bitcoin Go 1 Million in 2024 #BITCOINUSD #Bitcoin❗ #bitcoinrallies #Bitcoinasia2024 #Bitcoinarena $BTC The likelihood of Bitcoin reaching $1 million within this year is extremely low. Here are a few reasons why: Market Capitalization: For Bitcoin to reach $1 million per coin, its total market capitalization would need to increase dramatically. Given the current number of Bitcoins in circulation, a $1 million price per Bitcoin would result in a market cap in the tens of trillions of dollars, which is significantly higher than the current market cap. Historical Performance: Bitcoin has experienced significant price volatility, but such an extreme increase within a single year is unprecedented. Even during its most bullish periods, Bitcoin has not seen such rapid growth. Economic and Market Conditions: Current global economic conditions, including inflation, interest rates, and overall market sentiment, do not support such an extreme increase. While Bitcoin is often seen as a hedge against inflation and economic instability, reaching $1 million within a year would require extraordinary circumstances. Adoption and Usage: While Bitcoin adoption has been increasing, widespread usage and acceptance to a degree that would drive its price to $1 million in a single year is unlikely. This would require a massive influx of new investors and substantial institutional investment far beyond current levels. Regulatory Environment: Regulatory actions around the world can have a significant impact on Bitcoin's price. Uncertainty or adverse regulations can hinder price growth, making such a meteoric rise improbable. more@Mr_Master
Will $BTC Bitcoin Go 1 Million in 2024
#BITCOINUSD #Bitcoin❗ #bitcoinrallies #Bitcoinasia2024 #Bitcoinarena $BTC
The likelihood of Bitcoin reaching $1 million within this year is extremely low. Here are a few reasons why:

Market Capitalization: For Bitcoin to reach $1 million per coin, its total market capitalization would need to increase dramatically. Given the current number of Bitcoins in circulation, a $1 million price per Bitcoin would result in a market cap in the tens of trillions of dollars, which is significantly higher than the current market cap.

Historical Performance: Bitcoin has experienced significant price volatility, but such an extreme increase within a single year is unprecedented. Even during its most bullish periods, Bitcoin has not seen such rapid growth.

Economic and Market Conditions: Current global economic conditions, including inflation, interest rates, and overall market sentiment, do not support such an extreme increase. While Bitcoin is often seen as a hedge against inflation and economic instability, reaching $1 million within a year would require extraordinary circumstances.

Adoption and Usage: While Bitcoin adoption has been increasing, widespread usage and acceptance to a degree that would drive its price to $1 million in a single year is unlikely. This would require a massive influx of new investors and substantial institutional investment far beyond current levels.

Regulatory Environment: Regulatory actions around the world can have a significant impact on Bitcoin's price. Uncertainty or adverse regulations can hinder price growth, making such a meteoric rise improbable.
more@Mr_Master
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#BITCOINUSD and The Wyckoff Method. 7 days later and $BTC is already 10% higher. I know that 90% out there have been waiting for lower 50k levels. I've told you that this will not happen. Not trying to be arrogant here, but better follow the right people. Send it higher.🎯 Follow For More...❤️ to get free VIP Signals, Chart Analysis 🔥 and fundamental Analysis. thanks #btcpumping #Btcpricealert #btcupdates2024 #realmabbaskhan
#BITCOINUSD and The Wyckoff Method.

7 days later and $BTC is already 10% higher.

I know that 90% out there have been waiting for lower 50k levels.

I've told you that this will not happen.

Not trying to be arrogant here, but better follow the right people.

Send it higher.🎯

Follow For More...❤️ to get free VIP Signals, Chart Analysis 🔥 and fundamental Analysis.

thanks

#btcpumping #Btcpricealert #btcupdates2024 #realmabbaskhan
Will Bitcoin $BTC Crash In 50 Years...? #bitcoin #Bitcoin❗ #BITCOINUSD #Bitcoinasia2024 #Bitcoinarena Predicting the long-term future of Bitcoin (or any asset) over a span of 50 years is highly speculative and uncertain due to numerous variables that can influence its value. Here are some key factors to consider: Regulation: Governments around the world may implement regulations that could either positively or negatively impact Bitcoin. Stricter regulations could limit its use, while favorable regulations could encourage adoption. Technology: Technological advancements in blockchain and cryptocurrencies could either strengthen Bitcoin's position or lead to the emergence of superior alternatives. Market Adoption: Bitcoin's value largely depends on its adoption by individuals, businesses, and financial institutions. Widespread adoption could stabilize and increase its value, while declining interest could lead to a crash. Competition: The cryptocurrency market is highly competitive, with many alternative cryptocurrencies (altcoins.) emerging. A new, more efficient, or more secure cryptocurrency could potentially replace Bitcoin. Economic Factors: Global economic conditions, inflation rates, and other macroeconomic factors can influence Bitcoin's value. In times of economic instability, Bitcoin is sometimes seen as a "digital gold," but this perception can change. Environmental Concerns: Bitcoin mining is energy-intensive and has faced criticism for its environmental impact. This could lead to negative public perception or regulatory actions. Security Risks: Despite Bitcoin's robust security, there are always potential risks related to hacking, fraud, or technical vulnerabilities. more @Mr_Master
Will Bitcoin $BTC Crash In 50 Years...?
#bitcoin #Bitcoin❗ #BITCOINUSD #Bitcoinasia2024 #Bitcoinarena
Predicting the long-term future of Bitcoin (or any asset) over a span of 50 years is highly speculative and uncertain due to numerous variables that can influence its value. Here are some key factors to consider:

Regulation: Governments around the world may implement regulations that could either positively or negatively impact Bitcoin. Stricter regulations could limit its use, while favorable regulations could encourage adoption.

Technology: Technological advancements in blockchain and cryptocurrencies could either strengthen Bitcoin's position or lead to the emergence of superior alternatives.

Market Adoption: Bitcoin's value largely depends on its adoption by individuals, businesses, and financial institutions. Widespread adoption could stabilize and increase its value, while declining interest could lead to a crash.

Competition: The cryptocurrency market is highly competitive, with many alternative cryptocurrencies (altcoins.) emerging. A new, more efficient, or more secure cryptocurrency could potentially replace Bitcoin.

Economic Factors: Global economic conditions, inflation rates, and other macroeconomic factors can influence Bitcoin's value. In times of economic instability, Bitcoin is sometimes seen as a "digital gold," but this perception can change.

Environmental Concerns: Bitcoin mining is energy-intensive and has faced criticism for its environmental impact. This could lead to negative public perception or regulatory actions.

Security Risks: Despite Bitcoin's robust security, there are always potential risks related to hacking, fraud, or technical vulnerabilities.
more
@Mr_Master
Unlocking the Power of Binance: A Guide to Locking Assets for Enhanced Trading" Introduction Binance, one of the world's leading cryptocurrency exchanges, offers a unique feature called "Lock Assets" that allows users to enhance their trading experience. By locking assets, users can access exclusive benefits, increased security, and improved trading flexibility. In this article, we will explore the concept of Lock Assets on Binance, its advantages, and how to use it effectively. What is Lock Assets on Binance? Lock Assets is a feature on Binance that allows users to lock a portion of their assets for a specified period, typically 15 or 30 days. During this time, the locked assets are temporarily unavailable for trading or withdrawal, but they can still be used as collateral for margin trading or borrowing. Advantages of Lock Assets on Binance Locking assets on Binance offers several benefits, including: - Increased security: Locking assets adds an extra layer of protection against unauthorized withdrawals or trading. - Enhanced trading flexibility: Locked assets can be used as collateral for margin trading or borrowing, allowing users to access more funds for trading. - Exclusive benefits: Binance offers special rewards and discounts to users who lock their assets, such as increased interest rates on savings accounts or priority customer support. How to Lock Assets on Binance Locking assets on Binance is a straightforward process: 1. Log in to your Binance account 2. Go to the "Wallet" section 3. Select the asset you want to lock 4. Choose the lock period (15 or 30 days) 5. Confirm the lock Tips and Strategies for Using Lock Assets Effectively - Lock assets during periods of high market volatility to protect your funds - Use locked assets as collateral for margin trading to access more funds - Take advantage of exclusive benefits and rewards offered by Binance - Consider locking assets for longer periods to access higher interest rates on savings accounts #Binanceefutures - #cryptocurrencyearn - #BITCOINUSD - #EthereumRival - #TradingShot
Unlocking the Power of Binance: A Guide to Locking Assets for Enhanced Trading"

Introduction

Binance, one of the world's leading cryptocurrency exchanges, offers a unique feature called "Lock Assets" that allows users to enhance their trading experience. By locking assets, users can access exclusive benefits, increased security, and improved trading flexibility. In this article, we will explore the concept of Lock Assets on Binance, its advantages, and how to use it effectively.

What is Lock Assets on Binance?

Lock Assets is a feature on Binance that allows users to lock a portion of their assets for a specified period, typically 15 or 30 days. During this time, the locked assets are temporarily unavailable for trading or withdrawal, but they can still be used as collateral for margin trading or borrowing.

Advantages of Lock Assets on Binance

Locking assets on Binance offers several benefits, including:

- Increased security: Locking assets adds an extra layer of protection against unauthorized withdrawals or trading.
- Enhanced trading flexibility: Locked assets can be used as collateral for margin trading or borrowing, allowing users to access more funds for trading.
- Exclusive benefits: Binance offers special rewards and discounts to users who lock their assets, such as increased interest rates on savings accounts or priority customer support.

How to Lock Assets on Binance

Locking assets on Binance is a straightforward process:

1. Log in to your Binance account
2. Go to the "Wallet" section
3. Select the asset you want to lock
4. Choose the lock period (15 or 30 days)
5. Confirm the lock

Tips and Strategies for Using Lock Assets Effectively

- Lock assets during periods of high market volatility to protect your funds
- Use locked assets as collateral for margin trading to access more funds
- Take advantage of exclusive benefits and rewards offered by Binance
- Consider locking assets for longer periods to access higher interest rates on savings accounts

#Binanceefutures
- #cryptocurrencyearn
- #BITCOINUSD
- #EthereumRival
- #TradingShot
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🚨🚨🚨Bitcoin price predictions۔🚨🚨🚨 $BTC $BTC According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 29.16% and reach $ 86,684 by June 18, 2024. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 72 (Greed). Bitcoin recorded 15/30 (50%) green days with 3.34% price volatility over the last 30 days. Based on the Bitcoin forecast, it's now a good time to buy Bitcoin.$BTC #BITCOINUSD #bitcoinupdate2024 #Bitcoinarena #CMEBitcoinSpotTrading
🚨🚨🚨Bitcoin price predictions۔🚨🚨🚨

$BTC $BTC

According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 29.16% and reach $ 86,684 by June 18, 2024. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 72 (Greed). Bitcoin recorded 15/30 (50%) green days with 3.34% price volatility over the last 30 days. Based on the Bitcoin forecast, it's now a good time to buy Bitcoin.$BTC #BITCOINUSD #bitcoinupdate2024 #Bitcoinarena #CMEBitcoinSpotTrading
#BITCOINUSD weekly updates ♤ $BTC creating like a cup&handle bullish retail price pattern. Previous high couldn't support the level and returns back to creat greater green spike weekly end. This week I earn hugeee amount of profit as never before. 📈 If BTC cross ✝️ this resistance level in early stages. This week is gonna be huge one for us and we will see new #ATH this week. OR otherwise it #BITCOIN    will take sometime to reach this milestone. #notcoin #altcoins #BTC #BinanceLaunchpool
#BITCOINUSD weekly updates ♤

$BTC creating like a cup&handle bullish retail price pattern.

Previous high couldn't support the level and returns back to creat greater green spike weekly end.

This week I earn hugeee amount of profit as never before. 📈

If BTC cross ✝️ this resistance level in early stages.

This week is gonna be huge one for us and we will see new #ATH
this week.

OR otherwise it #BITCOIN    will take sometime to reach this milestone.
#notcoin #altcoins #BTC #BinanceLaunchpool
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🎉 WIN 1 BITCOIN Giveaway - Valued at $63,000! 🚀 🔹 Enter NOW for your chance to win BIG! 🔸 Earn $MWIN points with every entry! 🔹 Don't miss out on this incredible opportunity! Join the excitement and enter to win TODAY! 🌟 #BITCOINUSD #CryptoGiveaway #WinBig
🎉 WIN 1 BITCOIN Giveaway - Valued at $63,000! 🚀

🔹 Enter NOW for your chance to win BIG!
🔸 Earn $MWIN points with every entry!
🔹 Don't miss out on this incredible
opportunity!

Join the excitement and enter to win TODAY! 🌟
#BITCOINUSD #CryptoGiveaway #WinBig
Those who Followed these three rules 🎊🦶 And those who didn’t followed this and just watched the coin after taking entry 🦧🥸are in big stress Always remember if you dont give reaction to actions in trading you will be thrown out of market 😈😈 #marketCrush #BITCOINUSD #buythedip #MicroStrategy
Those who Followed these three rules 🎊🦶

And those who didn’t followed this and just watched the coin after taking entry 🦧🥸are in big stress

Always remember if you dont give reaction to actions in trading you will be thrown out of market 😈😈
#marketCrush
#BITCOINUSD
#buythedip
#MicroStrategy
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Just Follow three Rules with them and you will never loose stop chasing charts in newly added Coins $BB
1)Accumulation
2)Manipulation
3)Distribution (of half what you have ) and you have to follow this step when operators doing 2nd One
#BBMegadrop
#hottrends
#BinanceLaunchpool
World's Greatest Crypto Heist### Devastating Crypto Heist: A Lesson in Vigilance On a quiet evening in June, a prominent crypto trader known in the community as "CryptoKing" became the target of a sophisticated scam that cost him 2,000 , valued at over $90 million. This harrowing incident serves as a stark warning about the evolving and relentless nature of cyber threats. #### The Scam Unfolds CryptoKing had been planning to diversify his substantial crypto holdings into a new decentralized finance (DeFi) project. To participate, he needed to convert a portion of his Bitcoin into the project’s native token. The attackers, who had been monitoring his activities, devised an intricate plan. ####Step 1: Infiltration The hackers first breached a popular crypto news website that CryptoKing frequently visited for updates. They injected a malicious script that tracked visitors' browsing habits and targeted high-profile users. ##### Step 2: Social Engineering Posing as a well-known DeFi influencer, the attackers contacted CryptoKing via an encrypted messaging app. They invited him to an exclusive, invite-only beta launch of a promising new DeFi platform. CryptoKing, eager to gain early access, accepted the invitation. ##### Step 3: Fake Platform Setup The hackers set up a highly convincing fake website that mimicked the actual DeFi project, complete with realistic graphics, functioning smart contracts, and a live customer support chat. They even created fake social media profiles and reviews to bolster the platform’s legitimacy. ##### Step 4: Phishing the Wallet CryptoKing was instructed to connect his wallet to the platform to receive an exclusive bonus for early investors. The site requested him to generate a new receiving address for the transaction. Unbeknownst to him, the site captured his private keys and mnemonic phrase through a sophisticated keylogging script embedded in the platform. ##### Step 5: Execution of the Heist The moment CryptoKing entered his credentials, the hackers gained full access to his wallet. They immediately transferred 2,000 BTC to multiple addresses they controlled. Within minutes, the funds were split and mixed across various blockchain networks to obscure the trail, making recovery nearly impossible. #### Lessons Learned This catastrophic loss underscores several critical security practices: 1. Verify Authenticity: Always double-check the legitimacy of platforms and influencers. Use official sources and cross-reference information. 2. Use Hardware Wallets: Avoid entering private keys or mnemonic phrases on websites. Use hardware wallets that never expose these credentials online. 3. Employ Multi-Factor Authentication (MFA): Enable MFA on all accounts to add an extra layer of security. 4. Monitor and Educate: Stay informed about the latest phishing tactics and regularly update your security protocols. 5. Small Test Transactions: Before transferring large amounts, perform small test transactions to ensure the recipient’s address is correct and secure. By learning from CryptoKing's devastating experience, you can better safeguard your digital assets against increasingly sophisticated cyber threats. #Bitcoinblockchain #ETHETFS #BITCOINUSD

World's Greatest Crypto Heist

### Devastating Crypto Heist: A Lesson in Vigilance
On a quiet evening in June, a prominent crypto trader known in the community as "CryptoKing" became the target of a sophisticated scam that cost him 2,000 , valued at over $90 million. This harrowing incident serves as a stark warning about the evolving and relentless nature of cyber threats.
#### The Scam Unfolds
CryptoKing had been planning to diversify his substantial crypto holdings into a new decentralized finance (DeFi) project. To participate, he needed to convert a portion of his Bitcoin into the project’s native token. The attackers, who had been monitoring his activities, devised an intricate plan. ####Step 1: Infiltration
The hackers first breached a popular crypto news website that CryptoKing frequently visited for updates. They injected a malicious script that tracked visitors' browsing habits and targeted high-profile users.
##### Step 2: Social Engineering
Posing as a well-known DeFi influencer, the attackers contacted CryptoKing via an encrypted messaging app. They invited him to an exclusive, invite-only beta launch of a promising new DeFi platform. CryptoKing, eager to gain early access, accepted the invitation.
##### Step 3: Fake Platform Setup
The hackers set up a highly convincing fake website that mimicked the actual DeFi project, complete with realistic graphics, functioning smart contracts, and a live customer support chat. They even created fake social media profiles and reviews to bolster the platform’s legitimacy.
##### Step 4: Phishing the Wallet
CryptoKing was instructed to connect his wallet to the platform to receive an exclusive bonus for early investors. The site requested him to generate a new receiving address for the transaction. Unbeknownst to him, the site captured his private keys and mnemonic phrase through a sophisticated keylogging script embedded in the platform.
##### Step 5: Execution of the Heist
The moment CryptoKing entered his credentials, the hackers gained full access to his wallet. They immediately transferred 2,000 BTC to multiple addresses they controlled. Within minutes, the funds were split and mixed across various blockchain networks to obscure the trail, making recovery nearly impossible.
#### Lessons Learned
This catastrophic loss underscores several critical security practices:
1. Verify Authenticity: Always double-check the legitimacy of platforms and influencers. Use official sources and cross-reference information.
2. Use Hardware Wallets: Avoid entering private keys or mnemonic phrases on websites. Use hardware wallets that never expose these credentials online.
3. Employ Multi-Factor Authentication (MFA): Enable MFA on all accounts to add an extra layer of security.
4. Monitor and Educate: Stay informed about the latest phishing tactics and regularly update your security protocols.
5. Small Test Transactions: Before transferring large amounts, perform small test transactions to ensure the recipient’s address is correct and secure.
By learning from CryptoKing's devastating experience, you can better safeguard your digital assets against increasingly sophisticated cyber threats.
#Bitcoinblockchain #ETHETFS #BITCOINUSD
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Circle, a stablecoin issuer based in the Republic of Ireland, has reportedly announced plans to relocate its legal domicile to the United States. The decision is believed to be a response to the Organization for Economic Cooperation and Development’s (OECD) proposal for a minimum tax of 15% on the profits of larger multinational corporations. Republic of Ireland’s Low Corporate Taxes The stablecoin issuer, Circle Internet Financial Ltd. (Circle), has reportedly confirmed its intention to relocate its legal base from the Republic of Ireland to the U.S., although no reasons were provided. According to a report by Bloomberg, Circle’s decision to relocate is tied to the firm’s initial public offering (IPO) plans, which were disclosed at the beginning of the year. As stated in Circle’s January announcement, the stablecoin issuer submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC). This statement pertains to the proposed IPO of its equity securities. At that time, Circle indicated that the number of shares to be offered and the price range for the proposed offering had yet to be determined. By transferring its legal base to the U.S., Circle, the issuer of the USDC stablecoin, is forfeiting Dublin’s low corporate taxes, which have lured corporate giants such as Apple Inc. and the pharmaceutical group Pfizer. As noted in the report, the Organization for Economic Cooperation and Development (OECD)’s proposal for a minimum 15% tax on the profits of larger multinationals is expected to diminish the advantages of Ireland’s low corporate tax rates. as read on bitcoin.com #BITCOINUSD #CircleUSDC #CryptoWatchMay2024 #stablecoin #circulation
Circle, a stablecoin issuer based in the Republic of Ireland, has reportedly announced plans to relocate its legal domicile to the United States. The decision is believed to be a response to the Organization for Economic Cooperation and Development’s (OECD) proposal for a minimum tax of 15% on the profits of larger multinational corporations.

Republic of Ireland’s Low Corporate Taxes
The stablecoin issuer, Circle Internet Financial Ltd. (Circle), has reportedly confirmed its intention to relocate its legal base from the Republic of Ireland to the U.S., although no reasons were provided. According to a report by Bloomberg, Circle’s decision to relocate is tied to the firm’s initial public offering (IPO) plans, which were disclosed at the beginning of the year.

As stated in Circle’s January announcement, the stablecoin issuer submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC). This statement pertains to the proposed IPO of its equity securities. At that time, Circle indicated that the number of shares to be offered and the price range for the proposed offering had yet to be determined.

By transferring its legal base to the U.S., Circle, the issuer of the USDC stablecoin, is forfeiting Dublin’s low corporate taxes, which have lured corporate giants such as Apple Inc. and the pharmaceutical group Pfizer. As noted in the report, the Organization for Economic Cooperation and Development (OECD)’s proposal for a minimum 15% tax on the profits of larger multinationals is expected to diminish the advantages of Ireland’s low corporate tax rates.

as read on bitcoin.com

#BITCOINUSD #CircleUSDC #CryptoWatchMay2024 #stablecoin #circulation
Bitcoin joined the stock market surge on Wednesday after the latest consumer price index (CPI) report signaled a slight easing in inflation, sparking renewed optimism among investors. The cryptocurrency soared over 7% to $66,124.59, marking its strongest performance since March 25. It also surpassed its 50-day moving average for the first time in weeks. The positive momentum was partly driven by the CPI data, which hinted at a lower-than-expected inflation rate. Analysts like Owen Lau from Oppenheimer suggested that this could increase the chances of a rate cut, which historically has influenced Bitcoin's price movements. Lau emphasized that Bitcoin may continue to trade in a range until a clearer outlook on rate cuts emerges. According to the latest CPI report, consumer prices rose by 0.3% from March, slightly below expectations but still reflecting a year-over-year increase of 3.4%. Leena ElDeeb, an analyst at 21Shares, interpreted this as a potential trigger for investors to favor risk-on assets like cryptocurrencies, potentially boosting flows into Bitcoin spot ETFs. ElDeeb noted that while recovery could be gradual due to lingering uncertainties about rate cuts, Bitcoin's unique position as both a risk-on and risk-off asset means it can adapt to changing market conditions. Despite recent market trends, Bitcoin has maintained stability between $60,000 and $70,000 since March. Looking ahead, analysts expect Bitcoin to remain rangebound without significant catalysts, with a continued focus on broader macroeconomic developments influencing short-term price movements. In summary, Bitcoin's rally reflects growing optimism among investors following the CPI data, underscoring its resilience and adaptability in response to evolving market dynamics. #BITCOINUSD #CryptoNewsUSA
Bitcoin joined the stock market surge on Wednesday after the latest consumer price index (CPI) report signaled a slight easing in inflation, sparking renewed optimism among investors. The cryptocurrency soared over 7% to $66,124.59, marking its strongest performance since March 25. It also surpassed its 50-day moving average for the first time in weeks.

The positive momentum was partly driven by the CPI data, which hinted at a lower-than-expected inflation rate. Analysts like Owen Lau from Oppenheimer suggested that this could increase the chances of a rate cut, which historically has influenced Bitcoin's price movements. Lau emphasized that Bitcoin may continue to trade in a range until a clearer outlook on rate cuts emerges.

According to the latest CPI report, consumer prices rose by 0.3% from March, slightly below expectations but still reflecting a year-over-year increase of 3.4%. Leena ElDeeb, an analyst at 21Shares, interpreted this as a potential trigger for investors to favor risk-on assets like cryptocurrencies, potentially boosting flows into Bitcoin spot ETFs.

ElDeeb noted that while recovery could be gradual due to lingering uncertainties about rate cuts, Bitcoin's unique position as both a risk-on and risk-off asset means it can adapt to changing market conditions. Despite recent market trends, Bitcoin has maintained stability between $60,000 and $70,000 since March.

Looking ahead, analysts expect Bitcoin to remain rangebound without significant catalysts, with a continued focus on broader macroeconomic developments influencing short-term price movements.

In summary, Bitcoin's rally reflects growing optimism among investors following the CPI data, underscoring its resilience and adaptability in response to evolving market dynamics.
#BITCOINUSD #CryptoNewsUSA
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