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Kang Seung-kon, the co-CEO of Cube Entertainment, a famous entertainment company in the K-Pop world, has been accused of a crypto scam. . A campaign for investors to buy Nestree tokens, a local cryptocurrency, and Cube Entertainment itself invested more than $68,000 in this crypto. Immediately after Cube's investment, Nestree's price jumped 10 times from 5 WON to 50 WON, and it was hoped that we could see more cooperation between Cube and Nestree. . At this time, Cube's co-CEO Kang urged some investors to buy Nestree tokens, and those who bought them bought them. However, within a month, the price of Nestree token has dropped 34% from its peak price to 39 WON, and by the end of 2022, the price has fallen to 4.9 WON. Therefore, those who bought Nestree because of Kang's words asked Kang to compensate him, but Kang denied that he had ever said that buying this token would be profitable, and encouraged them to switch to other potential cryptos and invest. . In this way, it is known that people who have lost money in Nestree are preparing to sue Kang, and Kang said, "Cube Entertainment will continue to work with Nestree, and everything invested in Nestree is to expand Cube's blockchain field." . The lesson to be learned from this case is that when buying cryptocurrencies, no matter who is asking them to buy them, no matter what the reason. You should buy after analyzing yourself and make up your mind, and you should use this style when selling. #BTC #Binance .

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The Russian government has seized $10 million worth of bitcoins from a former official, believed to be bribes. The Russian government claims that Marat Tambiev, a former Russian investigative official, accepted bribes of up to 2,718 BTC ($250 million) to shut down the investigation into hackers and protect them from storing their stolen crypto. Tambiev has been sentenced to 6 years in prison in October 2024, but they are still looking for his Bitcoin bribes. . In 2022, the private keys of a Bitcoin wallet were found in a folder labeled "Pension Money" on Tambiev's computer. Also, he seized 1,032 BTC in 2023, and I'm still tracking Tambiev's Bitcoins, so he's a pretty cool guy. . In addition, Tambiev's case has been recorded as the largest bribery case in the history of the Russian government, so it will be interesting to see how much Bitcoin he took. . Even after this was revealed, the Russian government could not find it because it was there to sell it. Even better, both the US government and If Russian government sales come in, it could have a big impact on the Bitcoin price.#BTC #Binance

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As of December 24, 2024, Bitcoin (BTC) is trading at approximately $94,015, reflecting a slight decline of about 1.37% from the previous close. Looking ahead to 2025, several factors are poised to influence Bitcoin's trajectory: Analyst Predictions: Bitwise: Forecasts suggest Bitcoin could reach $200,000, with potential to climb as high as $500,000 if the U.S. government adopts a strategic Bitcoin reserve. VanEck: Projections indicate Bitcoin may attain $180,000, though significant volatility is anticipated. Standard Chartered: Maintains a positive outlook on Bitcoin's future performance. Influencing Factors: Regulatory Environment: The incoming Trump administration's pro-crypto stance, exemplified by appointments like Stephen Miran as Chair of the Council of Economic Advisers, is expected to foster a more favorable regulatory climate for cryptocurrencies. Monetary Policy: The Federal Reserve's approach to interest rates will significantly impact Bitcoin. While recent hawkish signals have introduced some market uncertainty, anticipated rate cuts in 2025 could enhance Bitcoin's appeal as an alternative asset. Market Dynamics: Events such as Bitcoin's halving, which reduces the supply of new coins, alongside growing institutional adoption and the approval of Bitcoin ETFs, are likely to drive demand and influence price movements. Considerations for Investors: Despite the optimistic projections, Bitcoin's inherent volatility necessitates caution. Historical patterns have shown sharp corrections following periods of rapid growth. Therefore, while the outlook for 2025 appears promising, investors should remain vigilant and consider the potential risks associated with cryptocurrency investments. *Please note that cryptocurrency markets are highly volatile, and past performance is not indicative of future results. It's essential to conduct thorough research and consider your financial situation before making investment decisions.* $BTC

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