How to combine RSI + Fibonacci to spot the best entries?
Do you regularly miss the market peaks and troughs? This method has improved my trades by 40%. Follow the guide ⬇️
A stylized image integrating the RSI chart, Fibonacci levels, and a dynamic arrow "🚀" #crypto #TechnicalAnalysis 1️⃣ Spot divergences on the RSI (4H/1D Charts) Bearish divergence: When price hits a new high while RSI is showing a decline → potential signal for a short. Bullish divergence: When the price makes a new low while the RSI goes up → opportunity for a long.
invested in crypto at low cost and in the future for a high return Neiro Pépé
heisenbercus911
--
Hi, I'm brand new to this world that has interested me for a long time. I finally managed to put 10 euros to start. I'm a student and it's my pocket money, so I can afford to lose it to learn. This is what I've invested so far. I know I put it randomly, that's why I'm turning to you. #xrp #solana #helpmeplease #new
Two Estonian Nationals Plead Guilty in $577 Million Crypto HashFlare Ponzi Scheme
The Attorney’s Office of the Western District of Washington revealed that two Estonian nations had pleaded guilty to a $577M crypto Ponzi scheme. The two had victimized hundreds of thousands of people worldwide, including the United States, through their multi-faceted scheme.
Sergei Potapenko and Ivan Turogin had used the proceeds from their fraud to purchase real estate and luxury vehicles as part of their lifestyle. Court documents showed that the two had agreed to forfeit assets valued at over $400 million obtained from their Ponzi scheme.
Two Estonian nationals plead guilty in crypto Ponzi scheme
🚨🇺🇸🇪🇪ESTONIAN DUO PLEADS GUILTY IN $577M CRYPTO FRAUD
Sergei Potapenko and Ivan Turõgin, just pleaded guilty to running a massive cryptocurrency fraud through their company, HashFlare, scamming hundreds of thousands of people worldwide, including in the U.S.
They promised… pic.twitter.com/2GA6IYy6C1
— Mario Nawfal (@MarioNawfal) February 13, 2025
According to the U.S. Attorney’s Office for the Western District of Washington, Potapenko and Turogin pleaded guilty to defrauding investors through their company HashFlare. The two 40-year-olds sold contracts to customers, entitling them to a share of cryptocurrency mined by their purported cryptocurrency mining service.
“Mr. Potapenko and Mr. Turogin are charged with defrauding investors out of more than half a billion dollars. Ultimately, their elaborate Ponzi scheme fell apart and they conspired to conceal and launder the money which they took from the victims of their scheme.”
~ Richard A. Collodi, Special Agent in Charge of the FBI’s Seattle field office.
Court documents confirmed that HashFlare’s sales totaled more than $577 million between 2015 and 2019. The U.S. Attorney’s office said that the mining company did not possess the necessary computing capacity to perform the majority of the mining that Potapenko and Turogin told HashFlare customers it performed.
The company’s web-based dashboard reflected falsified data instead of showing customers their mining profits as it purported. The duo used the proceeds of the fraud conspiracy to purchase real estate and luxury vehicles and maintained crypto investment accounts.
The court documents revealed that both defendants agreed to forfeit assets worth more than $400 million as of the date of the plea. The U.S. Attorney’s office also disclosed that the forfeited assets will be available for a remission process to compensate victims of the crime.
The two defendants pleaded guilty to one count of conspiracy to commit wire fraud. The court scheduled their sentence for May 8th, and each of them will face a maximum penalty of 20 years for their crime. Court documents also highlighted that a federal district court judge will determine each defendant’s sentence after considering the U.S. Sentencing Guidelines and other statutory factors.
Potapenko and Turogin admit to running another fraudulent operation
The Estonian pair also founded another venture called Polybius in 2017, which was said to be a virtual currency bank. Potapenko and Turogin had promised to pay investors dividends from the company’s profits. The defendants raised roughly $25 million in the scheme and transferred most of the funds to other bank accounts and crypto wallets they controlled. Court documents revealed that Polybius never formed a bank to pay any dividends to investors.
The official documents indicated that the duo was found guilty of conspiring to launder their criminal proceeds through shell companies and phony contracts and invoices. The court alleged that the money laundering conspiracy involved at least 75 real estate properties, six luxury vehicles, crypto wallets, and thousands of cryptocurrency mining machines.
Court papers highlighted that the Justice Department thanked the Cybercrime Bureau of the Estonian Police and Border Guard for its support during the investigation. The Ministry of Justice and Digital Affairs and the Estonian Prosecutor General also offered significant assistance with the extradition of the two Estonian nationals. The legal papers also acknowledged that the Justice Department’s Office of International Affairs also provided extensive assistance to the investigation and the extradition of the defendants.
Court documents showed that Assistant U.S. Attorneys Andrew Friedman and Sok Jiang for the Western District of Washington and Trial Attorney Adrienne E. Rosen and David Ginensky of the Criminal Division’s Money Laundering and Asset Recovery Section were prosecuting the case. The legal papers also indicated that Assistant U.S. Attorney Jehiel Baer, for the Western District of Washington, will be handling asset forfeiture aspects of the case.
The Federal Bureau of Investigation’s Seattle office is also seeking more information from potential victims of Turogin and Potapenko’s two fraudulent schemes through their companies.
Cryptopolitan Academy: Are You Making These Web3 Resume Mistakes? - Find Out Here
Market trends are among the most fundamental aspects of financial markets. We can define a market trend as the general direction an asset or market is taking. Therefore, market trends are closely followed by technical analysts and fundamental analysts.
Bull markets tend to be relatively simple to trade because they allow some of the simplest trading and investing strategies to be implemented. Even inexperienced traders can achieve good results in truly favorable bull market conditions. That said, it is also essential to understand how markets move in cycles.
Whales in the Solana ecosystem continue to accumulate SOL, demonstrating their confidence in the future growth of the blockchain. Recent data shows a significant increase in wallets holding large amounts of SOL.
This trend suggests that large investors are betting on the growing adoption and technological advancements of the platform. However, the overall market remains cautious about global cryptocurrency volatility.
A bullish momentum in cryptocurrencies is a sudden increase in the price of an asset, accompanied by a surge in trading volumes and overall positive market momentum.
The term comes from the metaphor of a “bull,” which raises its horns upward, symbolizing growth. A bullish momentum can be short-lived or signal the beginning of a long-term uptrend.
Key signs of a bullish momentum:
🔵 Price increase: A steady increase in the value of the asset over a short period of time.
Alibaba has unveiled QwQ-32B-Preview, an AI model focused on improving reasoning capabilities. With 32.5 billion parameters, it outperforms OpenAI’s o1 model in AIME and MATH tests. Despite its strengths, the model faces challenges such as language mixing and circular reasoning. Alibaba aims to refine these aspects to improve performance.
Binance, one of the largest cryptocurrency exchanges, is considering listing popular meme tokens, with Wintermute providing liquidity support. The move reflects the growing demand for meme-based cryptocurrencies. Experts note that such listings could attract new users but carry increased risks due to volatility.
What is a Crypto Death Spiral? A Death Spiral is a phenomenon in the cryptocurrency market where the price of an asset drops rapidly, triggering a chain reaction of negative consequences that further exacerbate the decline. This term is often used to describe critical situations related to mining, stablecoins, or other aspects of the ecosystem. Main scenarios of a death spiral: 🔵 Mining Death Spiral: Occurs when the price of a cryptocurrency drops to a level where mining becomes unprofitable for most miners. They shut down their machines, reducing the overall computing power of the network. This makes the network more vulnerable to attacks, reduces user trust, and puts even more pressure on the price of the asset.
🔵 Stablecoin Death Spiral: Occurs when a stablecoin loses its peg to its underlying asset (e.g., the US dollar). Investors lose confidence and withdraw their funds en masse, further exacerbating the loss of peg. This is particularly dangerous for algorithmic stablecoins.
🔵 General Market Crash: In the event of a panic, investors liquidate their assets en masse, causing a sharp drop in prices. This can lead to the liquidation of large positions in futures markets, further increasing pressure on the market.
Causes of a death spiral: 🔵 Loss of confidence in the asset or project. 🔵 High leverage among traders, triggering liquidations. 🔵 Low liquidity, amplifying volatility. 🔵 Economic or regulatory factors, such as bans or sanctions. How to avoid a death spiral: 🔵 Risk diversification: Do not concentrate all investments on a single asset or project. 🔵 Debt management: Avoid excessive leverage. 🔵 Support for the ecosystem
After November 27, 2024, users will no longer be able to list, bid, or sell items on Kraken’s NFT Marketplace. They will only be able to withdraw their assets.
Kraken’s NFT Marketplace will shut down completely on February 27, 2025.
Those who do not study it, those who do not follow trends will be left behind, those who study it only superficially will enter the circle of the elite of the inhabitants of the planet and will earn hundreds of times more than others! Subscribe to our new project on artificial intelligence and receive the latest news, trends and real tools that you can use right now!
Senator Ted Cruz has expressed his ambition to make Texas a global hub for Bitcoin development and mining. Highlighting the state’s abundant energy resources and favorable policies, Cruz highlighted Texas’ potential to become a leader in the blockchain industry.
He emphasized that Bitcoin mining could spur economic growth and stabilize the power grid. The move reflects the United States’ growing interest in cryptocurrencies.
How will Bitcoin ETF options impact the crypto market?
🔵 Increased liquidity The introduction of Bitcoin ETF options will attract more institutional investors, increasing market liquidity. This could reduce volatility and stabilize the market.
🔵 Expanded hedging opportunities Investors will be able to use options to hedge their positions in Bitcoin ETFs, making cryptocurrency investments more attractive and less risky.
🔵 Influx of new participants Options allow traders to enter the market with lower investments and more flexible strategies. This could attract new players, including those who previously avoided direct investments in cryptocurrencies.
🔵 Impact on Bitcoin price Bitcoin ETF options could increase speculation in the market, leading to increased volatility in Bitcoin prices, especially during contract expirations.
🔵 Strengthening the legitimacy of cryptocurrencies The emergence of options on Bitcoin ETFs could strengthen the confidence of traditional financial institutions in cryptocurrencies and accelerate the adoption of Bitcoin as an investment asset.
A cryptocurrency index option is a derivative financial instrument that gives its holder the right (but not the obligation) to buy or sell a specific cryptocurrency index at a predetermined price before the option’s expiration date.
Key features of index options:
🔵 Index-based: The index option is tied to the price movement of an index that includes a set of cryptocurrencies such as Bitcoin, Ethereum, and other popular assets. This allows traders to speculate on the entire market rather than individual coins.
Types of options:
— Call option: Gives the right to buy the index at a set price.
— Put option: Gives the right to sell the index at a set price.
🔵 Risk Management: Index options allow investors to hedge against cryptocurrency price fluctuations and benefit from overall market dynamics.
🔵 Flexibility: Traders can use index options to speculate or protect their portfolios against adverse market movements.
Death Cross is a technical indicator that indicates a potential start of a bearish trend in the cryptocurrency market. Death Cross occurs when a short-term moving average (usually the 50-day MA) crosses a long-term moving average (usually the 200-day MA) from top to bottom.
Main characteristics of Death Cross:
🔵 Sell Signal: Death Cross is considered a warning of a possible decline in the asset price, indicating the start of a bear market.
🔵 Bearish Trend Confirmation: When the MA 50 crosses below the MA 200, it indicates a weakening of short-term momentum compared to the long-term, which may suggest a bearish trend.
🔵 Importance of volumes: As with the Golden Cross, trading volumes are important to confirm the Death Cross. If volumes increase during the formation of the Death Cross, it reinforces the signal of a probable continuation of the downtrend.
Why is it important in cryptocurrency? The Death Cross can be useful for traders to exit their positions or prepare for price declines. However, like any indicator, the Death Cross is not a guarantee of a trend, especially in the volatile cryptocurrency market. Traders are advised to use additional analysis tools to confirm the signal and make more informed decisions.
The Golden Cross is an important technical analysis indicator used to identify a potential bullish trend in the cryptocurrency market. A Golden Cross occurs when a short-term moving average (usually the 50-day MA) crosses a long-term moving average (usually the 200-day MA) from the bottom up.
Key Features of the Golden Cross:
🔵 Buy Signal: The Golden Cross is considered a buy signal as it indicates the potential start of an uptrend.
🔵 Trend Confidence: Since the Golden Cross uses the 50-day MA and the 200-day MA, it helps assess the stability of the trend. When the short-term MA crosses above the long-term MA, it may indicate increased confidence in price growth.
🔵 Trading volumes: To confirm the Golden Cross, trading volumes are also important. An increase in volumes during the formation of the Golden Cross strengthens the likelihood of a continued bullish trend.
Why is it important in cryptocurrencies? In the cryptocurrency market, the Golden Cross is often used to identify entry points into an asset. However, despite its reliability, traders should always consider the volatility of the crypto market and use additional indicators to confirm the signal.
Top Methods for Successful Cryptocurrency Investments
🔵 Long Term Investments (HODLing) One of the most popular methods is to buy and hold cryptocurrencies for a long period of time. The HODL strategy is based on the expectation that the asset's price will increase significantly in the long term, despite short-term fluctuations. 🔵 Portfolio Diversification Investing in different cryptocurrencies, not just one, helps reduce risk. Diversification includes buying assets from different categories (e.g. Bitcoin, altcoins, and stablecoins) for portfolio stability.
#Binance Gemini Foundation Launches Perpetual Contracts with up to 100x Leverage
The Gemini Foundation has introduced perpetual contracts for cryptocurrencies such as BOME, GOAT, MEW, PNUT, and POL, offering leverage of up to 100x. This expansion aims to provide traders with enhanced tools to manage their positions and take advantage of market movements.
The platform emphasizes robust security measures and user-friendly interfaces to meet the needs of both new and experienced traders. This move positions the Gemini Foundation as a competitive player in the cryptocurrency derivatives market.