The cryptocurrency is like an underwater world. There are whales and shrimps, hunters and victims. Who you will be, only you can decide. š±@Aj_poseidon
A new cryptocurrency theft scheme is gaining popularity online ā scammers are using verification bots on Telegram.
š Scammers create fake accounts of famous individuals and offer access to private groups with insider information.
However, when you try to join them, you're asked to complete verification, and at this stage, your cryptocurrency is stolen by a special bot. #scamriskwarning #TelegramCrypto
Over the past 24 hours, more than 514,000 traders lost $1.5 billion as Bitcoin sharply fell to $94,900. Most of the liquidations came from long positions, totaling $1.38 billion
š Floki and Mastercard launch crypto debit card
š„ Floki, in partnership with Mastercard, has introduced a debit card supporting 13 cryptocurrencies, including Bitcoin, Ethereum, and Floki Inu. The card is available in 31 European countries and allows users to spend crypto with no transaction fees
This is part of Flokiās strategy to expand its ecosystem. The company is also preparing to launch its Valhalla gaming metaverse in early 2025 #FLOKISKYROCKET $FLOKI
For the first time in history, Bitcoin's price has surpassed the psychological level of $100,000. Bitcoin took 15 years to reach this milestone, and now the leading digital asset is poised to aim for new records.
āļø Read more about this in our latest article:
šŗšøKey points from federal reserve chair Jerome Powellās speech
āŗļøBoth political parties support the Federal Reserve's independence, and this is unlikely to change āŗļø The U.S. economy is showing remarkably resilient performance āŗļø I am fully satisfied with the current monetary policy of the Federal Reserve āŗļø Unemployment remains low, and inflation is steadily decreasing āŗļø We previously raised interest rates too aggressively āŗļø There is no reason for concern about the state of the U.S. economy āŗļø The Federal Reserve aims to strike a balance: making policy less restrictive to reduce inflation without harming the labor market #PowellAtJacksonHole #JeromePowell
šØš¦ Vancouver mayor proposes bitcoin as reserve asset
Vancouver Mayor Ken Sim plans to propose adding Bitcoin to the cityās financial strategy. The initiative aims to diversify investments and protect the cityās purchasing power
šŖ If approved, Vancouver could become one of the first cities in Canada to use Bitcoin as a reserve asset, potentially inspiring others to adopt cryptocurrency in their financial systems #cryptomarketmoves
š®š³ The Indian government is skeptical about cryptocurrencies
M. Nagaraju, Secretary of the Department of Financial Services of India, expressed deep skepticism towards cryptocurrencies, reflecting the country's cautious approach to digital assets.
His statements align with the longstanding position of the Reserve Bank of India, which advocates for strict control over cryptocurrencies due to financial risk concerns. #india_crypto #BTCā