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🇮🇳 India's Supreme Court Turns Spotlight on Bitcoin
Big news out of India! 🇮🇳 The Supreme Court has called out the central government for not having a clear stance on Bitcoin regulation, comparing it to hawala transactions — a bold move that’s shaking up the crypto community.
With growing crypto adoption in India, this push for clarity could reshape the legal and trading landscape. 📜 Whether you're HODLing or building, this moment marks a critical turning point.
🧠 Regulatory certainty = More trust + More investors. Are we finally heading toward clearer crypto laws in one of the world’s biggest markets?
$BTC
📊 India’s Bitcoin Regulation Clarity Impact
#CryptoIndia
#BitcoinRegulation
#SupremeCourtCrypto
#BinanceBuzz
Big news out of India! 🇮🇳 The Supreme Court has called out the central government for not having a clear stance on Bitcoin regulation, comparing it to hawala transactions — a bold move that’s shaking up the crypto community.
With growing crypto adoption in India, this push for clarity could reshape the legal and trading landscape. 📜 Whether you're HODLing or building, this moment marks a critical turning point.
🧠 Regulatory certainty = More trust + More investors. Are we finally heading toward clearer crypto laws in one of the world’s biggest markets?
$BTC
📊 India’s Bitcoin Regulation Clarity Impact
#CryptoIndia
#BitcoinRegulation
#SupremeCourtCrypto
#BinanceBuzz
“Volatility doesn’t scare the prepared. It rewards them.”
Smart traders aren’t chasing pumps — they’re building conviction during pullbacks.
Keep learning, stay patient, and let the market come to you.
#CryptoStrategy #bitcoin #ETH #tradingmindset #CryptoIndia
Smart traders aren’t chasing pumps — they’re building conviction during pullbacks.
Keep learning, stay patient, and let the market come to you.
#CryptoStrategy #bitcoin #ETH #tradingmindset #CryptoIndia
**BB/USDT - Kya Lagta Hai?**
Aaj ka rate: **$0.1819** (+4.90%)
24 Ghante ka range: **$0.1647 - $0.2004**
Volume: **100M BB** ($18.4M USDT)
- Price ne aaj **$0.2004** tak touch kiya (24h high)
- Abhi **$0.1819** pe trading ho raha hai
- RSI (6) **91.66** - Bahut overbought hai (short-term correction ho sakta hai)
1) **Agar $0.1869 paar ho:**
- Dobara **$0.1928** test kar sakta hai
- Strong move ke liye **$0.20** cross karna padega
2) **Agar girne lage:**
- Pehla support **$0.1751**
- Fir **$0.1692** (zyada gir gaya toh)
- Kal ke comparison mein volume kam hai
- MA(5) volume se 40x zyada tha - iska matlab abhi utni strong movement nahi dikh rahi
my thought
- RSI dekh ke lagta hai thoda correction ho sakta hai
- Par agar $0.1869 paar ho gaya toh fir pump possible hai
- Big players ka wait hai - volume badha toh trend clear hoga
**Short-Term Prediction:**
- 1-2 din mein ya toh **$0.1928** tak jaayega
- Ya phir **$0.1751** tak wapas aayega
Kya aapko lagta hai ye $0.20 cross karega? Ya correction aayega?
#BB #Layer1 #CryptoIndia
Aaj ka rate: **$0.1819** (+4.90%)
24 Ghante ka range: **$0.1647 - $0.2004**
Volume: **100M BB** ($18.4M USDT)
- Price ne aaj **$0.2004** tak touch kiya (24h high)
- Abhi **$0.1819** pe trading ho raha hai
- RSI (6) **91.66** - Bahut overbought hai (short-term correction ho sakta hai)
1) **Agar $0.1869 paar ho:**
- Dobara **$0.1928** test kar sakta hai
- Strong move ke liye **$0.20** cross karna padega
2) **Agar girne lage:**
- Pehla support **$0.1751**
- Fir **$0.1692** (zyada gir gaya toh)
- Kal ke comparison mein volume kam hai
- MA(5) volume se 40x zyada tha - iska matlab abhi utni strong movement nahi dikh rahi
my thought
- RSI dekh ke lagta hai thoda correction ho sakta hai
- Par agar $0.1869 paar ho gaya toh fir pump possible hai
- Big players ka wait hai - volume badha toh trend clear hoga
**Short-Term Prediction:**
- 1-2 din mein ya toh **$0.1928** tak jaayega
- Ya phir **$0.1751** tak wapas aayega
Kya aapko lagta hai ye $0.20 cross karega? Ya correction aayega?
#BB #Layer1 #CryptoIndia
Solana 🚀 Ab Phone Nahi, Future Ban Raha Hai! 📱💸
Solana ne apna new smartphone announce kar diya hai 📢
Aur price chala gaya UPPER circuit mein 🔼💥
📈 SOL holders toh party kar rahe hain, lekin kya yeh sirf hype hai?
📊 Kya aap bhi SOL ride pe ho? Comment karke batao apna view! 😎
#SOL #SolanaSurges #CryptoIndia #TradeStories
Solana ne apna new smartphone announce kar diya hai 📢
Aur price chala gaya UPPER circuit mein 🔼💥
📈 SOL holders toh party kar rahe hain, lekin kya yeh sirf hype hai?
📊 Kya aap bhi SOL ride pe ho? Comment karke batao apna view! 😎
#SOL #SolanaSurges #CryptoIndia #TradeStories
$ETH /$BNB
Understood! Here's that information distilled into a concise social media post format:
🛡️ Strengthening the foundation of Web3! The #EthereumSecurityInitiative is underway, a vital push for a more secure and trustworthy Ethereum network. This means greater protection for users and assets in India and worldwide, fostering trust and driving wider adoption of dApps, DeFi, and NFTs. A secure Ethereum empowers innovation and ensures the stability we need for a thriving decentralized future. Let's build a safer ecosystem together! #Ethereum #Security #BlockchainSecurity #Web3 #DeFi #NFTs #IndiaBlockchain #CryptoIndia
Understood! Here's that information distilled into a concise social media post format:
🛡️ Strengthening the foundation of Web3! The #EthereumSecurityInitiative is underway, a vital push for a more secure and trustworthy Ethereum network. This means greater protection for users and assets in India and worldwide, fostering trust and driving wider adoption of dApps, DeFi, and NFTs. A secure Ethereum empowers innovation and ensures the stability we need for a thriving decentralized future. Let's build a safer ecosystem together! #Ethereum #Security #BlockchainSecurity #Web3 #DeFi #NFTs #IndiaBlockchain #CryptoIndia
$BTC Bitcoin Price Update – 15 May 2025
As of 2:58 PM on May 15, 2025, the BTC/USDT pair on Binance is trading at $101,957.95, showing a decline of 1.30% in the last 24 hours. The price has fluctuated between a 24h high of $104,356.95 and a low of $101,724.17. Volume remains significant with 14,484.52 BTC traded and 1.50 billion USDT exchanged.
The market is displaying short-term bearish sentiment, as reflected by the yellow trend line and the recent price dip below the MA60 (102,137.03). The short-term moving averages (MA5: 7.93) and (MA10: 14.26) indicate volatility, with strong red volume bars highlighting selling pressure in recent candles.
Despite today’s dip, Bitcoin has shown positive momentum over the past 7 to 180 days, with a 1-year return of over 64%. This suggests long-term bullish interest still exists, although short-term traders may experience turbulence.
Investors should closely monitor support around the $101,700 level and be cautious of further breakdowns or reversals near $102,300 resistance.
#Bitcoin #CryptoMarket #BTCUSDT #Binance #CryptoNews #BitcoinPrice #CryptoTrading #TechnicalAnalysis #BTC #BTCUpdate #CryptoIndia
As of 2:58 PM on May 15, 2025, the BTC/USDT pair on Binance is trading at $101,957.95, showing a decline of 1.30% in the last 24 hours. The price has fluctuated between a 24h high of $104,356.95 and a low of $101,724.17. Volume remains significant with 14,484.52 BTC traded and 1.50 billion USDT exchanged.
The market is displaying short-term bearish sentiment, as reflected by the yellow trend line and the recent price dip below the MA60 (102,137.03). The short-term moving averages (MA5: 7.93) and (MA10: 14.26) indicate volatility, with strong red volume bars highlighting selling pressure in recent candles.
Despite today’s dip, Bitcoin has shown positive momentum over the past 7 to 180 days, with a 1-year return of over 64%. This suggests long-term bullish interest still exists, although short-term traders may experience turbulence.
Investors should closely monitor support around the $101,700 level and be cautious of further breakdowns or reversals near $102,300 resistance.
#Bitcoin #CryptoMarket #BTCUSDT #Binance #CryptoNews #BitcoinPrice #CryptoTrading #TechnicalAnalysis #BTC #BTCUpdate #CryptoIndia
Technovex Phase 2 Mining Launches June 15, 2025
The Final Chance Before the Layer 1 Presale Begins
After the overwhelming success of Phase 1 — with over 15,000 global users participating — Technovex is proud to announce Mining Phase 2, officially launching on June 15, 2025.
This is not just another mining session.
This is your final opportunity to earn free TVX tokens before the Phase 1 Presale begins in August.
---
Why Is Phase 2 So Important?
1. It’s the Final Mining Session.
There will be no Phase 3. This is the last time users can mine TVX for free directly from their browser, with no hidden fees, no complex setups, and no centralized gatekeeping.
2. Direct Reward Allocation.
All mined rewards from Phase 2 will be carried forward into the user’s wallet on the Technovex chain. These will be fully claimable once mainnet launches and the presale closes.
3. Fair Launch Integrity.
By capping Phase 1 and limiting Phase 2 entries, Technovex ensures that early believers — not opportunistic whales — gain the first and fairest access to the token economy.
---
What’s New in Phase 2?
Improved Security & Wallet Sync
Phase 2 miners will now connect to improved wallet infrastructure with persistent session handling and user-based statistics.
Upgraded Hashing & Bonus Levels
Users will get access to customizable hashrate levels and time-based level upgrades, gamifying long-term engagement.
Referral Bonus Reopened
For a limited time during Phase 2, verified users will earn bonus mining boosts by inviting others to the network.
---
Important Details
Launch Date: June 15, 2025
Eligibility: Open to all; no previous participation required
Supply Impact: Mined tokens count toward total circulation prior to presale
Wallet Requirement: Persistent miner-linked wallet for future withdrawals
---
A Message to the Community
If you missed Bitcoin in 2011, or Ethereum in 2015 — this is your new window.
Technovex isn’t just another token.
It’s an entire Layer 1 chain built from scratch. And Phase 2 Mining is how you join before the world does.
---
No Extensions. No Third Chance.
Phase 2 is final. Once it ends, no more entries will be accepted.
Get in. Stay active. Be early.
---
Technovex Mining Phase 2 – June 15, 2025
Your screen. Your wallet. Your shot at Layer 1.
#Technovex #TVXMining #FinalMiningPhase #CryptoIndia #CryptoUAE
After the overwhelming success of Phase 1 — with over 15,000 global users participating — Technovex is proud to announce Mining Phase 2, officially launching on June 15, 2025.
This is not just another mining session.
This is your final opportunity to earn free TVX tokens before the Phase 1 Presale begins in August.
---
Why Is Phase 2 So Important?
1. It’s the Final Mining Session.
There will be no Phase 3. This is the last time users can mine TVX for free directly from their browser, with no hidden fees, no complex setups, and no centralized gatekeeping.
2. Direct Reward Allocation.
All mined rewards from Phase 2 will be carried forward into the user’s wallet on the Technovex chain. These will be fully claimable once mainnet launches and the presale closes.
3. Fair Launch Integrity.
By capping Phase 1 and limiting Phase 2 entries, Technovex ensures that early believers — not opportunistic whales — gain the first and fairest access to the token economy.
---
What’s New in Phase 2?
Improved Security & Wallet Sync
Phase 2 miners will now connect to improved wallet infrastructure with persistent session handling and user-based statistics.
Upgraded Hashing & Bonus Levels
Users will get access to customizable hashrate levels and time-based level upgrades, gamifying long-term engagement.
Referral Bonus Reopened
For a limited time during Phase 2, verified users will earn bonus mining boosts by inviting others to the network.
---
Important Details
Launch Date: June 15, 2025
Eligibility: Open to all; no previous participation required
Supply Impact: Mined tokens count toward total circulation prior to presale
Wallet Requirement: Persistent miner-linked wallet for future withdrawals
---
A Message to the Community
If you missed Bitcoin in 2011, or Ethereum in 2015 — this is your new window.
Technovex isn’t just another token.
It’s an entire Layer 1 chain built from scratch. And Phase 2 Mining is how you join before the world does.
---
No Extensions. No Third Chance.
Phase 2 is final. Once it ends, no more entries will be accepted.
Get in. Stay active. Be early.
---
Technovex Mining Phase 2 – June 15, 2025
Your screen. Your wallet. Your shot at Layer 1.
#Technovex #TVXMining #FinalMiningPhase #CryptoIndia #CryptoUAE
INDIAN "STOCK GURUS" INVADE CRYPTO!
INDIAN "STOCK GURUS" INVADE CRYPTO!🇮🇳 Zero Crypto Knowledge → But "Expert" Calls!
❌ Blind coin shilling
❌ Reckless futures pumping
❌ Exchanges treating them like VIPs!
🤡 WHO ARE THESE "GURUS"?
- Stock market rejects now pushing #Shitcoins
- No clue about blockchain, just #FOMO marketing
- Paid partnerships with Indian exchanges 🤑
💀 WHY THIS IS DANGEROUS:
⚠️ Newbies getting rekt by their leveraged calls
⚠️ Exit liquidity for their pump & dump games
⚠️ Real crypto builders ignored for hype traders
🔥 TIME TO WAKE UP, INDIA!
✅ DYOR – Don’t follow blind "gurus"
✅ Stick to REAL projects – Not paid promotions
✅ Call them out! – Tag them below 👇
🗣️ WHO’S THE WORST OFFENDER? DROP NAMES!
#cryptoindia #StopTheScams #BinanceSquareTalks
🚀 REAL CRYPTO > FAKE GURUS! 💎
❌ Blind coin shilling
❌ Reckless futures pumping
❌ Exchanges treating them like VIPs!
🤡 WHO ARE THESE "GURUS"?
- Stock market rejects now pushing #Shitcoins
- No clue about blockchain, just #FOMO marketing
- Paid partnerships with Indian exchanges 🤑
💀 WHY THIS IS DANGEROUS:
⚠️ Newbies getting rekt by their leveraged calls
⚠️ Exit liquidity for their pump & dump games
⚠️ Real crypto builders ignored for hype traders
🔥 TIME TO WAKE UP, INDIA!
✅ DYOR – Don’t follow blind "gurus"
✅ Stick to REAL projects – Not paid promotions
✅ Call them out! – Tag them below 👇
🗣️ WHO’S THE WORST OFFENDER? DROP NAMES!
#cryptoindia #StopTheScams #BinanceSquareTalks
🚀 REAL CRYPTO > FAKE GURUS! 💎
Binance Case Challenge 1.0: India’s Brightest Minds Take on Web3
Binance just wrapped up its first-ever Case Challenge in India—and it was nothing short of inspiring. Season 1.0 brought together some of the sharpest young minds from top Indian B-schools like the IIMs, IITs, and other leading institutes to tackle real-world challenges in the fast-paced world of crypto and Web3.
The competition wasn’t just about theory. Students had to dive into actual crypto industry problems and come up with innovative, practical solutions. It was a real test of strategy, creativity, and understanding of the digital economy—and the participants rose to the occasion.
What made this challenge special was how it bridged classroom learning with real-world impact. It showed just how ready and excited the next generation is to shape the future of blockchain and digital finance.
For Binance, this is more than a competition. It’s part of a bigger push to nurture talent and fuel innovation in the Web3 space. Initiatives like this show how crypto isn’t just a tech trend—it’s becoming a serious career path for tomorrow’s business leaders.
With Season 1.0 setting the bar high, it’s clear that the future of crypto in India is in very capable hands.
#cryptoindia
Binance just wrapped up its first-ever Case Challenge in India—and it was nothing short of inspiring. Season 1.0 brought together some of the sharpest young minds from top Indian B-schools like the IIMs, IITs, and other leading institutes to tackle real-world challenges in the fast-paced world of crypto and Web3.
The competition wasn’t just about theory. Students had to dive into actual crypto industry problems and come up with innovative, practical solutions. It was a real test of strategy, creativity, and understanding of the digital economy—and the participants rose to the occasion.
What made this challenge special was how it bridged classroom learning with real-world impact. It showed just how ready and excited the next generation is to shape the future of blockchain and digital finance.
For Binance, this is more than a competition. It’s part of a bigger push to nurture talent and fuel innovation in the Web3 space. Initiatives like this show how crypto isn’t just a tech trend—it’s becoming a serious career path for tomorrow’s business leaders.
With Season 1.0 setting the bar high, it’s clear that the future of crypto in India is in very capable hands.
#cryptoindia
PEPE Coin: Meme Se Moon Tak!
$PEPE ne sabit kar diya hai ke crypto sirf tech nahi, culture bhi hai!
🐸 Meme Magic Meets Market Momentum
Jo shuru hua ek meme ke roop mein, aaj ban gaya hai ek strong community token. PEPE ne dikhaya ke emotions + engagement = powerful movement!
📈 Kya Aap Late Hain?
Crypto mein kabhi bhi too late nahi hota. Research karo, trends samjho, aur sahi moment ka faida uthao.
🔥 On Binance, With Potential
PEPE Coin ab Binance par bhi list hai – liquidity, speed aur security sab top-notch. Don’t sleep on the frog!
$PEPE
#PEPECoin #Binance #MemeCoinMagic #ToTheMoon #CryptoIndia #holdpepe
$PEPE ne sabit kar diya hai ke crypto sirf tech nahi, culture bhi hai!
🐸 Meme Magic Meets Market Momentum
Jo shuru hua ek meme ke roop mein, aaj ban gaya hai ek strong community token. PEPE ne dikhaya ke emotions + engagement = powerful movement!
📈 Kya Aap Late Hain?
Crypto mein kabhi bhi too late nahi hota. Research karo, trends samjho, aur sahi moment ka faida uthao.
🔥 On Binance, With Potential
PEPE Coin ab Binance par bhi list hai – liquidity, speed aur security sab top-notch. Don’t sleep on the frog!
$PEPE
#PEPECoin #Binance #MemeCoinMagic #ToTheMoon #CryptoIndia #holdpepe
مستخدمي WazirX ينتظرون التعويضات – الجلسة القضائية غدًا 13 مايو
ملف القضايا مستمر
ما زال مستخدمو WazirX بانتظار استرجاع أموالهم، مع تحديد جلسة المحكمة في 13 مايو للنظر في مصير الأصول المحجوزة.
أمل بالحل
من المتوقع أن تبت المحكمة في الإجراءات القانونية التي قد تمهد الطريق لإعادة الأموال إلى المستخدمين المتضررين.
#WazirX #CryptoIndia #محاكم_العملات #التعويضات
#warzix #cryptoindia #crypto
ملف القضايا مستمر
ما زال مستخدمو WazirX بانتظار استرجاع أموالهم، مع تحديد جلسة المحكمة في 13 مايو للنظر في مصير الأصول المحجوزة.
أمل بالحل
من المتوقع أن تبت المحكمة في الإجراءات القانونية التي قد تمهد الطريق لإعادة الأموال إلى المستخدمين المتضررين.
#WazirX #CryptoIndia #محاكم_العملات #التعويضات
#warzix #cryptoindia #crypto
Looking to safely sell my Pi from India—any trusted exchanges you recommend for transferring Pi coins? I’d appreciate suggestions from the community to ensure a smooth and secure process. #PiNetwork #CryptoIndia
$BTC #AltcoinSeasonComing
"Bitcoin ne raasta dikhaya,
Ab Altcoins machayenge dhoom!"
Caption (for post):
BTC ne signal de diya hai!
Altcoin season sir pe hai – kya aap ready ho apni rocket ride ke liye?
#Crypto #Altcoins #BullRun #Altseason #CryptoIndia
"Bitcoin ne raasta dikhaya,
Ab Altcoins machayenge dhoom!"
Caption (for post):
BTC ne signal de diya hai!
Altcoin season sir pe hai – kya aap ready ho apni rocket ride ke liye?
#Crypto #Altcoins #BullRun #Altseason #CryptoIndia
#AltcoinSeasonComing
"Bitcoin ne raasta dikhaya,
Ab Altcoins machayenge dhoom!"
Caption (for post):
BTC ne signal de diya hai!
Altcoin season sir pe hai – kya aap ready ho apni rocket ride ke liye?
#Crypto #Altcoins #BullRun #Altseason #CryptoIndia #AltcoinTrade #ETHCrossed2500 #StripeStablecoinAccounts #CryptoComeback
"Bitcoin ne raasta dikhaya,
Ab Altcoins machayenge dhoom!"
Caption (for post):
BTC ne signal de diya hai!
Altcoin season sir pe hai – kya aap ready ho apni rocket ride ke liye?
#Crypto #Altcoins #BullRun #Altseason #CryptoIndia #AltcoinTrade #ETHCrossed2500 #StripeStablecoinAccounts #CryptoComeback
#BTCBreaks99K #cryptoindia
#TradeStories
#BTCBreaks99K
History in the making!
Bitcoin ne $99,000 ka level tod diya hai — sirf ek kadam door all-time high se!
Kya aap ready hain next big move ke liye?
Join the future of finance with #Binance — jahan trading ka har moment exciting banta hai!
#Bitcoin #Crypto #BinanceIndia #BTCTo100K #CryptoNews #BTC
Kya aap chahenge ki main is post ke liye ek graphic bhi bana doon?
I prefer this response
ChatGPT
Response 2
Yeh raha ek short, catchy Binance-focused post jab #BTCBreaks99K ke milestone par ho:
#BTCBreaks99K
Bitcoin ne 99,000 USD ka level tod diya!
Ab kya 100K door hai?
Binance par ready raho — bull run ka agla gear shayad lag chuka hai!
#TradeStories
#BTCBreaks99K
History in the making!
Bitcoin ne $99,000 ka level tod diya hai — sirf ek kadam door all-time high se!
Kya aap ready hain next big move ke liye?
Join the future of finance with #Binance — jahan trading ka har moment exciting banta hai!
#Bitcoin #Crypto #BinanceIndia #BTCTo100K #CryptoNews #BTC
Kya aap chahenge ki main is post ke liye ek graphic bhi bana doon?
I prefer this response
ChatGPT
Response 2
Yeh raha ek short, catchy Binance-focused post jab #BTCBreaks99K ke milestone par ho:
#BTCBreaks99K
Bitcoin ne 99,000 USD ka level tod diya!
Ab kya 100K door hai?
Binance par ready raho — bull run ka agla gear shayad lag chuka hai!
Airdrop hunting success!
Got my $SXT - no rocket science, just consistency.
Kya apne bhi claim kiya?
#SXTAirdrop #CryptoIndia #FreeAirDrop
Got my $SXT - no rocket science, just consistency.
Kya apne bhi claim kiya?
#SXTAirdrop #CryptoIndia #FreeAirDrop
Breaking News 🇮🇳 : Indian Exchange Wazirx Hacked 🚨
Exchange safe multisig wallet on $ETH has been compromised 🤐
$234Million+ transferred 📌
#wazirx #crypto #cryptoindia
Exchange safe multisig wallet on $ETH has been compromised 🤐
$234Million+ transferred 📌
#wazirx #crypto #cryptoindia
Fake tweet caused a whirl wind in crypto community #CryptoNews🔒📰🚫 #cryptoindia #ETFsApproval #BinanceMissions #trendingtoday
Coinpedia
--
Fake Tweet on Bitcoin ETF Approval Causes Chaos in Crypto Market: 900 Million Liquidations in 24 ...
The post Fake Tweet on Bitcoin ETF Approval Causes Chaos in Crypto Market: 900 Million Liquidations in 24 Hours appeared first on Coinpedia Fintech News
The U.S. Securities and Exchange Commission (SEC) faced a major cybersecurity incident yesterday, causing disarray in the highly anticipated decision on Bitcoin exchange-traded funds (ETFs). A fake post claiming approval for the products, originating from a compromised SEC account on X, sent the cryptocurrency’s price soaring briefly before authorities launched an investigation.
How it Impacted the Crypto Market
The fake tweet caused an immediate surge in the Bitcoin price, which almost reached $48,000 at the time. Then, at 4:26 p.m., Gary Gensler, chair of the SEC, posted that the agency’s account had been hacked, resulting in an unauthorized fake tweet. At this point, the price of bitcoin was triggered to suddenly drop to $46,800 and fall to $45,881.
900 Million Liquidation Due to Fake News
The cryptocurrency market experienced a substantial drop in value after a fake approval post for spot exchange-traded funds (ETFs). Bitcoin’s market capitalization plummeted by approximately $50 billion within the last 24 hours, according to Coinglass data. The top cryptocurrency’s price dropped to $890 billion before recovering to around $900 billion at press time.
Security Measures
The incident has raised questions about the SEC’s security measures to protect its social accounts. Some market participants have criticized the regulator’s seemingly lax approach to protecting its social accounts and raised concerns about how the SEC can safeguard trillion-dollar markets if it cannot protect its social accounts.
The U.S. Securities and Exchange Commission (SEC) faced a major cybersecurity incident yesterday, causing disarray in the highly anticipated decision on Bitcoin exchange-traded funds (ETFs). A fake post claiming approval for the products, originating from a compromised SEC account on X, sent the cryptocurrency’s price soaring briefly before authorities launched an investigation.
How it Impacted the Crypto Market
The fake tweet caused an immediate surge in the Bitcoin price, which almost reached $48,000 at the time. Then, at 4:26 p.m., Gary Gensler, chair of the SEC, posted that the agency’s account had been hacked, resulting in an unauthorized fake tweet. At this point, the price of bitcoin was triggered to suddenly drop to $46,800 and fall to $45,881.
900 Million Liquidation Due to Fake News
The cryptocurrency market experienced a substantial drop in value after a fake approval post for spot exchange-traded funds (ETFs). Bitcoin’s market capitalization plummeted by approximately $50 billion within the last 24 hours, according to Coinglass data. The top cryptocurrency’s price dropped to $890 billion before recovering to around $900 billion at press time.
Security Measures
The incident has raised questions about the SEC’s security measures to protect its social accounts. Some market participants have criticized the regulator’s seemingly lax approach to protecting its social accounts and raised concerns about how the SEC can safeguard trillion-dollar markets if it cannot protect its social accounts.
India is taking the crypto scene by Despite the hurdles like a 30% storm! tax, 1% TDS, no loss offset, and no UPI support, our crypto community is thriving!
Join the revolution, let's turn challenges into opportunities!
#cryptoindia #InnovationOverObstacles
#TradeNTell #Write2Earn #TradeNTellView
$BNB $BTC $XRP
Join the revolution, let's turn challenges into opportunities!
#cryptoindia #InnovationOverObstacles
#TradeNTell #Write2Earn #TradeNTellView
$BNB $BTC $XRP
Reserve Bank of India (RBI) Governor Shaktikanta Das recently announced plans to enhance the adoption of the central bank digital currency (CBDC), the digital rupee, by exploring offline functionalities.
#RBI #cbdc #cryptoindia
#RBI #cbdc #cryptoindia
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