Polkadot has been making lower lows, indicating a downward trend

There is a high likelihood of continuing to fall and testing new lows

#dotcoin #btchalving....

Top 10 Crypto News In The Last 24 Hours 🚀

1️⃣ 💰 Bitcoin continues to crawl back after Israel-Iran crash as price finds room at $65K.

2️⃣ 💰 $BTC lost 30% ground to gold after crashing approx $6K.

3️⃣ 💰 $174 million of liquidation was seen in the past 24 hours for Ethereum of that, 80.42% were positioned long.

4️⃣ 💰 Uniswap implements 67% fee increase amidst SEC lawsuit.

5️⃣ 💰 Solana open interest sheds nearly $440M as price slumps 11%.

6️⃣ 💰 Binance escaped execs found in Kenya, Nigeria requested for extradition.

7️⃣ 💰 April’s first two weeks saw more Ethereum loans liquidated than any month since June 2022.

8️⃣ 🇧🇷 Brazilian UFC 300 victorious fighter wants the $300,000 bonus in Bitcoin.

9️⃣ 🥇 Gold-backed PAXG token bounces to $2.9K amid geopolitical tensions.

🔟 🇳🇬 Volatile Nigerian currency rallies 12% becoming best-performing currency in April.

#bitcoinhalving #etf #SHIB

DYMENSION AIRDROP ALERT 📢

🔹Multi-layer Blockchain Protocol

🔹Airdrop Pool of 70M $DYM to users of Celestia, Arbitrum, Optimism, Base, Blast, Cosmos, Osmosis, Solana and more

🔹Easy Claim, Check Eligibility✅

Following the dYmension Incentivized Testnet in June 2022, the ecosystem is advancing with the upcoming Mainnet launch, with the $DYM token as a vital part of the network's growth.

Building on this momentum, DYmension is kicking off the rolldrop series, distributing 70,000,000 $DYM (7% of total supply) to Celestia, Arbitrum, Optimism, Base, Blast, Cosmos, Osmosis stakers, Solana users from various protocols

(Wormhole, Tensor, Drip.Haus), and specific NFT collection holders (Pudgy Penguins, Mad Lads, Tensorians, Bad Kids).

Make sure to claim your Free tokens before 21 January 2024 at 12:00 UTC, after which unclaimed balances will be re-allocated. Check your eligibility now!

About dYmension

dYmension is an advanced multi-layer blockchain protocol revolutionizing decentralized application development, enabling efficient creation of application-specific rollups known as RollApps, resulting in enhanced scalability and performance.

Key features include the RollApp Development Kit for easy deployment, Inter-Rollup Communication for seamless app interaction, and an embedded Automated Market Maker, making dYmension a hub for innovative and efficient dApp development.

How to join the dYmension - Genesis Drop Airdrop?

Click Here To Join - https://genesis.dymension.xyz/

#AirdropOpportunity

📈 Bitcoin's Big Leap: Smart Money at Record Levels on BTC 🚀

Institutional Surge: 🏦💰 Big players are massively betting on Bitcoin. The Smart Money Index for Bitcoin futures has hit an all-time high of 13,711, indicating a strong bullish stance.

ETF Countdown: ⏳🌍 The crypto world is on edge for the SEC's decision on the Bitcoin Spot ETF, which could bring a wave of investments.

Market Alert: ⚠️📉 A potential "sell the news" drop post-ETF launch is cautioned by experts.

Price Trajectory: 🎯💹 Bitcoin might touch $45,000-$48,500, with a possibility of retreating to $36,000 before climbing again.

Key Takeaway: 🔍💥 The ETF decision is a critical juncture for Bitcoin, capturing the market's focused attention.

📈 #BTC

30,000 BTC have been raked out from the Coinbase exchange over the past few days

Also yesterday , the largest one-time outflow of coins since May was recorded, which became a record in history in dollar equivalent.

It must be remembered that Coinbase will be the key custodian of the Bitcoin ETF. BTC
$BTC
#BitcoinETFUpdate

15 Best Crypto Presale Projects for 2024

Crypto presales allow investors to purchase cryptocurrencies at a hugely discounted price, but it can be tricky to find a project worth investing in and strike a balance between high risk and high reward.

In this guide, we explore some of the best crypto presales to invest in of 2024 based on current trends and their performance so far, reviewing the top upcoming crypto projects and explaining how investors can select new digital assets for their portfolio.

What are the Best Crypto Presales 2024

Bitcoin Minetrix

Pros

Huge staking rewards
Tokenizes cloud mining
Makes Bitcoin mining affordable and safe

Cons

Large hard cap

Meme Kombat

Sponge V2

Pros

V1 token exploded 100x after launch
Aims for a $100 million market cap
Plans to list on Binance and OKX
100% purchase bonus
Staking rewards from V1 tokens for 4 years
Releasing a P2E game

Cons

Exchange listings are not guaranteed

eTukTuk

Launchpad XYZ

Scorpion Casino

Chimpzee

Bitcoin ETF Token

Presales provide investors with the opportunity to get in on the ground level of a promising new crypto project. They will also be able to benefit from discounted token prices, as well as additional incentives via staking and community rewards.

Having said that, it can be challenging to find the best crypto presale to invest in, especially when there are dozens of new projects being launched every month. A degree of risk is involved as well when investing in new projects early in their roadmap.

One of the best cryptos right now is Sponge V2 ($SPONGEV2) – which is connecting the V1 Sponge tokens to the newly launched V2 smart contract using the stake-to-bridge mechanism.

#Presale

India’s Finance Ministry Seeks to Block Binance and Other Major Offshore Exchanges

The Indian finance ministry has issued compliance show-cause notices to nine offshore cryptocurrency exchanges, including major players like Binance, Kucoin, Huobi, and others, accusing them of operating illegally in India without adhering to local money laundering laws.

The affected exchanges, namely Binance, Kucoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, and Bitfinex, have been served notices to explain their non-compliance with the Prevention of Money Laundering Act (PMLA), 2002.

The ministry has also asked the information technology ministry to block their URLs for operating illegally in the country.

Foreign Exchanges Asked to Register With FUI
The finance ministry, in a statement released today, outlined that virtual digital asset (VDA) service providers engaged in activities such as the exchange between virtual digital assets and fiat currencies, as well as the transfer and administration of virtual digital assets, must register with the Financial Intelligence Unit-India (FIU-IND).

The FIU-IND, a national agency responsible for receiving, analyzing, and disseminating information related to suspect financial transactions to enforcement agencies and foreign counterparts, plays a crucial role in monitoring and regulating financial activities in the country.

The finance ministry emphasized that the obligation for registration and compliance is not contingent on physical presence in India, with the regulatory framework encompassing reporting, record-keeping, and other obligations under the PMLA.

As of now, 31 service providers of virtual digital assets have registered with the FIU-IND. However, the ministry pointed out that several offshore entities catering to a substantial portion of Indian users have failed to comply with the Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) framework.

SEC charges 'self-styled entrepreneur' with fraud after promising investments in crypto and pocketing the money

The Securities and Exchange Commission says "self-styled entrepreneur" Diana Mae Fernandez conducted a "fraudulent securities offering" by saying she would use customer money to invest in crypto, among other things, and instead pocketed the money.

Fernandez, 37, promised guaranteed returns as high as 63% by claiming to invest customer money in crypto, private and publicly traded companies and luxury real estate, the SEC said in a litigation release posted on Thursday. She raised about $364,000 from at least 20 investors through two "alter ego entities" called "The Self-Made Success" and "Diana Mae K., LLC," the agency said in a complaint filed on Dec. 21 in the Northern District of West Virginia.

Fernandez recruited many investors through church groups and social networking focused on entrepreneurs, the SEC added.

"Instead of investing investor funds as promised, Fernandez commingled them with her own, using investor money to pay for her day-to-day living expenses and lavish hotel stays, fund numerous cash withdrawals, and make Ponzi-like payments to earlier investors," the SEC said in the complaint.

A facade

The former New Jersey resident told potential investors she had over 15 years of experience in investing and had raised $100 million across 25 countries, which the SEC said was false. She also told investors to wire money directly to her bank account or to send funds through PayPal, the SEC said.

"Fernandez exercised sole control over these accounts, but instead of using such funds as promised, she used the vast majority of investor proceeds for her personal benefit and the remainder to make Ponzi payments to investors to allow the fraud to continue," the agency said.

#BTC

Crypto users lost $1.8 billion in 2023 hacks and scams, Immunefi says

Over the course of 2023, crypto users lost $1.8 billion in various hacks, exploits, scams and rug pulls, bug bounty platform Immunefi said in a report published on Thursday. While that's a 54% decrease from the $3.9 billion the industry lost in 2022, the number of single incidents increased 90% from 168 in 2022 to 319 in 2023.

The third quarter of the year proved to be the most disastrous, accounting for a third of all losses registered during the year. In terms of monthly numbers, the highest losses were seen in November ($343 million), September ($340 million) and July ($320 million).

A total of $1.6 billion was lost as a result of hacks in 247 incidents mostly connected to decentralized finance platforms, while fraud accounted for $103 million lost in 110 incidents, according to the report.

Immunefi said that 13.5% of the stolen funds, or around $231.7 million, had been recovered in 19 cases.

BNB Chain and Ethereum are consistently the most attacked blockchains, accounting for more than half of the total losses. According to Immunefi, 131 incidents involved BNB Chain-based projects, and 91 incidents were seen on Ethereum. They were followed by Polygon with ten incidents, and Avalanche with six.

North Korea's Lazarus Group got away with $308.6 million of funds stolen from various projects in 2023, which is 17.4% of the total losses seen during the year. The group is believed to be behind the attacks on Atomic Wallet, CoinEx, Alphapo, Stake and CoinsPaid.

Other notable incidents in 2023 included attacks on Mixin Network ($200 million), Euler Finance ($197 million), Multichain ($126 million), Poloniex ($126 million), and BonqDAO ($120 million), Immunefi said.

#CryptoScamAlert #SCAMalerts

MicroStrategy picks up a further 14,620 bitcoin for $615 million

MicroStrategy has purchased a further 14,620 bitcoin over the last month.

The company spent $615.7 million on its latest stash, according to a Form 8-K filing published to its website today, at an average price of $42,110 per bitcoin. The purchases were made between November 30 and December 26.

MicroStrategy now owns 189,150 bitcoin, which it purchased at an average price of $31,168. The company spent $5.89 billion on its holdings, which are currently worth $8.1 billion — up $2.2 billion on paper.

The price of bitcoin has risen over the last month, up from $37,400 to its current price of $42,880, according to The Block's Price Page.

As of December 26, MicroStrategy has also sold 1 million shares, netting it $610 million, as part of an earlier plan to raise $750 million.

#MicroStrategyMoves

📢Bloomberg analyst Eric Balchunas said ARK has sold its entire remaining GBTC and they used half of the roughly $100 million to buy BITO, likely as a liquidity bridge tool.

🟠BITO is a Bitcoin futures ETF launched by ProShares in October 2021.

#BTC

Crypto speak: FML

“FML” is an abbreviation for “**** my life.”😅

It is used to describe the difficulties of life—e.g., after a failed trade or a significant decline in the value of someone’s crypto portfolio.

Also, FML is used when talking about the poor state of the crypto market.

📈

#FML

#MyFirstFeedPost Hello, Binance Square!