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WORLD UPPER CRYPTO

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Woke up to see  Zro$ZRO 
 Cryptocurrency Take a Massive move to $4.063 in the month of July 2024😉✅️
Note that cryptocurrency prices are highly volatile and subject to rapid fluctuations.

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🚨 Ghana Introduces Draft Digital Asset Guidelines 🚨$BTC $SOL $BNB 🌏⤴️🪙 📜 The Bank of Ghana takes a step towards regulating the digital asset space 📜 🔑 Key aspects of the guidelines: 📝 _VASPs registration_: Virtual Asset Service Providers (VASPs) must register with the Bank of Ghana 📝 🚫 _Commercial banks' restrictions_: Commercial banks prohibited from direct dealings with virtual asset businesses 🚫 💬 _Public feedback_: The central bank invites public feedback on the proposed regulations 💬 🤝 _Regulatory collaboration_: Collaboration with other regulatory bodies, like the Securities and Exchange Commission (SEC) 🤝 📈 Ghana ranks among the top 29 out of 154 countries in cryptocurrency adoption 📈 🔒 The guidelines aim to: 🛡️ Protect consumers 🚫 Prevent crime 📈 Promote financial inclusion 📜 Establish a comprehensive framework for the digital asset industry 📜 👀 Stay updated on Ghana's digital asset regulations 👀

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🚨Bitcoin Options Traders Signal Low Volatility: Final Calm Before the Storm? $BTC 🌏⤴️🪙 Bitcoin options traders are sending a clear signal: low volatility. This unusual calmness may be the precursor to a significant price movement. Historically, prolonged consolidation periods in Bitcoin's price have been followed by substantial price swings. _Reasons for Low Volatility:_ - *Prolonged Consolidation*: Bitcoin's price has been fluctuating around $20,000 for four months, indicating increased volatility in the near future. - *Bearish Trend*: The ongoing bearish trend and more than a week of stagnation mark imminent strong movement and a subsequent market reversal. - *Increased Interest*: Open interest in Bitcoin futures increased by 80% after the Terra project collapsed, reaching an all-time high of 633,000 BTC. - *Leverage and Liquidity*: The use of leverage relative to Bitcoin reserves on crypto exchanges is growing, indicating increased speculative demand and narrowing liquidity. _What to Expect:_ - *Significant Price Movement*: Historically, rare periods of prolonged consolidation in Bitcoin's price have been followed by significant price movements. - *Market Reversal*: The ongoing bearish trend and more than a week of stagnation mark imminent strong movement and a subsequent market reversal. - *Increased Volatility*: The current low volatility phase is unusual and may indicate a substantial price movement in the near future. Traders and investors should be prepared for a potential price surge or drop, as the current calmness may be the final calm before the storm.

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🚨 Ethereum Update Sparks Failed Transactions Surge 🚨$ETH 🌏⤴️🪙 The Ethereum network's Dencun upgrade in March, aimed at reducing fees, has unexpectedly led to a significant increase in failed transactions on layer-2 networks. This surge is primarily attributed to the influx of bots, which are automated programs designed to exploit low-fee environments. 📊 Failed Transaction Rates Soar 📊 The failed transaction rates have skyrocketed, with the base layer experiencing a staggering 21% failure rate. Meanwhile, popular layer-2 networks like Arbitrum and OP mainnet have seen failure rates of 15.4% and 10.4%, respectively. 🤖 Bot Activity on the Rise 🤖 High-activity addresses, likely operated by bots, are driving this increase in failed transactions. These bots are designed to take advantage of low fees, flooding the network with transactions that often fail due to various reasons like insufficient gas or incorrect smart contract interactions. 💸 Low Fees: A Double-Edged Sword 💸 While lower fees have made Ethereum more attractive to users, they have also created an environment conducive to bot activity. As fees decrease, bots can execute more transactions, leading to a higher likelihood of failed transactions. 📊 Impact on User Experience 📊 This surge in failed transactions can significantly hinder user experience, leading to frustration and mistrust in the network. Developers and networks are actively investigating solutions to mitigate bot activity and reduce failed transactions. 🔍 Solutions on the Horizon 🔍 Potential solutions include implementing anti-bot measures, adjusting fee structures, and optimizing smart contract functionality. As the Ethereum network continues to evolve, it's crucial to address these challenges and ensure a seamless user experience. 📈 Stay Updated 📈 Stay informed about the latest developments in Ethereum and layer-2 networks as they work to address these challenges and shape the future of the blockchain ecosystem.

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🚨 Major Crypto Scam Busted in Parañaque City 🚨$BTC $ETC $JASMY 📍 Location: Centrium Tower 1, Parañaque City, Philippines 📍 👮‍♂️ Police Raid: 99 suspects arrested, including: 🌎 64 foreign nationals 🌎 🇵🇭 32 Filipinos 🇵🇭 🚫 Scam Operations: 💻 Crypto scams: fake trading platforms 💻 💘 Romance scams: scammers posed as wealthy models to lure victims 💘 📊 Charges: 📜 Cybercrime Prevention Act of 2012 📜 📊 Securities Regulations Code 📊 🚫 Scam Center: 🏢 Chinese-run operation 🏢 📈 Estimated losses: unknown, but potentially millions 📈 👮‍♂️ Police Action: 🚔 Raid conducted to stop fraudulent activities 🚔 🤝 Collaboration with authorities to prosecute scammers 🤝 🚨 Warning: ⚠️ Be cautious of online investment opportunities ⚠️ 📊 Verify platforms and research before investing 📊 👮‍♂️ Report suspicious activities to authorities 👮‍♂️

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🚨 SEC Rejects Richard Heart's Dismissal Request 🚨🌏⤴️🪙 $BTC $TON $BNB 📝 $1 billion lawsuit against Richard Heart, founder of: 💡 Hex 💻 PulseChain 📈 PulseX 🚫 Accused of: 🚨 Selling unregistered securities 🚨 💸 Misappropriating at least $12 million in investor funds 💸 🛍️ Using funds for personal luxury purchases 🛍️ 🇺🇸 SEC claims: 📍 Heart's operations in the U.S. support the case 📍 📢 Advertising and support targeted U.S. investors 📢 🚫 Despite Heart's defense: 🗺️ Residing in another country 🗺️ 🙅‍♂️ Claiming activities weren't directed toward the U.S. 🙅‍♂️ 🚨 SEC's decision: 🚫 Dismissal request denied 🚫 📊 Case proceeds, with potential implications for: 📈 Crypto industry 📊 Regulatory landscape 👮‍♂️ Stay informed about the case's developments 👮‍♂️

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