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#Binance #bitcoin #DeFi BTC
What if you were in his place, what would you do?!..You would go crazy, of course
The amazing story of how 99,000 bitcoins worth $6 billion were lost today. In 2010, a Chinese named Wei Zhang invested $10 in Bitcoin, acquiring thousands of coins when they were worth less than a cent. As the value of Bitcoin rose, Wei's investments turned into a small fortune. With his newfound wealth and technical skills, Wei built the world's first cryptocurrency margin exchange, Cryptolip, in 2014. By 2017, Wei had amassed 99,000 bitcoins, worth an estimated billions of dollars. However, in early 2018, a sophisticated phishing attack led to a breach in Cryptolip's security. The hackers stole all of Wei's Bitcoin fortune, which was then estimated at $6 billion. The incident led to the collapse of Cryptolip and Wei's resignation. Despite the catastrophic loss, Wei channeled his experience toward cybersecurity, becoming a mentor and advocate for stronger protections in the cryptocurrency industry, ensuring that the lessons he hard-learned would protect future investors. Please follow, like, and share
BTC
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What if you were in his place, what would you do?!..You would go crazy, of course
The amazing story of how 99,000 bitcoins worth $6 billion were lost today. In 2010, a Chinese named Wei Zhang invested $10 in Bitcoin, acquiring thousands of coins when they were worth less than a cent. As the value of Bitcoin rose, Wei's investments turned into a small fortune. With his newfound wealth and technical skills, Wei built the world's first cryptocurrency margin exchange, Cryptolip, in 2014. By 2017, Wei had amassed 99,000 bitcoins, worth an estimated billions of dollars. However, in early 2018, a sophisticated phishing attack led to a breach in Cryptolip's security. The hackers stole all of Wei's Bitcoin fortune, which was then estimated at $6 billion. The incident led to the collapse of Cryptolip and Wei's resignation. Despite the catastrophic loss, Wei channeled his experience toward cybersecurity, becoming a mentor and advocate for stronger protections in the cryptocurrency industry, ensuring that the lessons he hard-learned would protect future investors. Please follow, like, and share
BTC
70,135.46
-1.63%
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Instant Copy Trading simplifies the trading process by enabling users (copy traders) to automatically copy the strategies of more experienced traders (called master traders) in spot trading markets.
Copy traders can benefit from access to different strategies, risk management, and educational growth opportunities — all without having to manually execute trades.
Master traders earn passive income by sharing their expertise, receive a 10% profit share from copy traders and a 10% commission on trading fees.
Copy traders can benefit from access to different strategies, risk management, and educational growth opportunities — all without having to manually execute trades.
Master traders earn passive income by sharing their expertise, receive a 10% profit share from copy traders and a 10% commission on trading fees.
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0 May God’s peace, mercy, and blessings be upon you
The first question: Are centralized platforms similar to decentralized platforms?
The answer: Some of them are not similar to the broadcast. No, on centralized platforms, the currencies that you actually own are not in your possession, and there is a small percentage that may be lost to you. As for the decentralized platforms, they are one hundred percent safe, as they are actually in your possession and you have the freedom to dispose of them.
Can every Muslim person with a white heart support me by liking and commenting with a kind word if possible?
The first question: Are centralized platforms similar to decentralized platforms?
The answer: Some of them are not similar to the broadcast. No, on centralized platforms, the currencies that you actually own are not in your possession, and there is a small percentage that may be lost to you. As for the decentralized platforms, they are one hundred percent safe, as they are actually in your possession and you have the freedom to dispose of them.
Can every Muslim person with a white heart support me by liking and commenting with a kind word if possible?
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Friends, do I find anyone who has an idea about this problem that I suffer from? I also think that many people like me suffer from this problem.
How long will you remain like this? You must move quickly to achieve profits. This is your last chance. You must ride this wave before it calms down. Here is the link. From here you will start. https://s.binance.com/0CvaAPg9
Source: Pixabay Cryptocurrency financial services company Matrixport has doubled its previous forecast that the price of Bitcoin (Bitcoin-BTC) will reach $45,000 by the end of the year as a wave of fear of missing out (FOMO) penetrates the market for this leading currency.
These expectations came as Bitcoin's market share rose to 52.1%, coinciding with a significant increase in its trading volumes, reaching $29 billion in the past 24 hours.
Unusually high funding rates for BTC futures
Matrixport believes that the resurgence of FOMO is closely linked to the unusually high funding rates for Bitcoin futures, suggesting that many traders are engaging in panic buying.
Earlier this year, Matrixport predicted that Bitcoin would target $45,000, with the Bitcoin price rebounding following growing expectations of the approval of a Bitcoin spot exchange-traded fund (ETF). Accordingly, the aforementioned company doubled its previous expectations.
In the same context, the company indicates that the price of Bitcoin may see another push higher if the US Securities and Exchange Commission (SEC) approves the creation of the BlackRock exchange-traded fund for spot Bitcoin contracts (ETF).
Matrixport reported in its report that if 10% to 20% of gold ETF investors decide to diversify their investments to include Bitcoin, this could lead to potential inflows of $12-24 billion into the Bitcoin ETF. It is also worth noting that these estimates are relatively restrictive, given that the market capitalization of the Gray Scale Bitcoin Fund (GBTC) previously reached a peak of $44 billion.
Approval of Bitcoin ETF could take BTC price to $56,000
Expectations of approval for a Bitcoin spot exchange-traded fund (ETF) have already caused a stir in the market, with BlackRock submitting an application to create the aforementioned fund, which subsequently led to a significant increase in the price of Bitcoin. If the request is approved, Matrixport estimates that the price of BTC could reach $56,000.
#BTC #Binance
These expectations came as Bitcoin's market share rose to 52.1%, coinciding with a significant increase in its trading volumes, reaching $29 billion in the past 24 hours.
Unusually high funding rates for BTC futures
Matrixport believes that the resurgence of FOMO is closely linked to the unusually high funding rates for Bitcoin futures, suggesting that many traders are engaging in panic buying.
Earlier this year, Matrixport predicted that Bitcoin would target $45,000, with the Bitcoin price rebounding following growing expectations of the approval of a Bitcoin spot exchange-traded fund (ETF). Accordingly, the aforementioned company doubled its previous expectations.
In the same context, the company indicates that the price of Bitcoin may see another push higher if the US Securities and Exchange Commission (SEC) approves the creation of the BlackRock exchange-traded fund for spot Bitcoin contracts (ETF).
Matrixport reported in its report that if 10% to 20% of gold ETF investors decide to diversify their investments to include Bitcoin, this could lead to potential inflows of $12-24 billion into the Bitcoin ETF. It is also worth noting that these estimates are relatively restrictive, given that the market capitalization of the Gray Scale Bitcoin Fund (GBTC) previously reached a peak of $44 billion.
Approval of Bitcoin ETF could take BTC price to $56,000
Expectations of approval for a Bitcoin spot exchange-traded fund (ETF) have already caused a stir in the market, with BlackRock submitting an application to create the aforementioned fund, which subsequently led to a significant increase in the price of Bitcoin. If the request is approved, Matrixport estimates that the price of BTC could reach $56,000.
#BTC #Binance
#bnbburn #BinanceSquare #bitcoin #Binance Urgent: Bitcoin gains 10% in moments and then loses most of the gains...unconfirmed news takes control!
Investing.com - News emerged from Cointelegraph's social media account that the US Securities and Exchange Commission (SEC) has approved iShares spot Bitcoin trading funds.
Bitcoin is now rising by more than 8% and jumping above the $29,000 levels after this news, which has not yet been confirmed, as it was published only on the Coin Telegraph account, and no news has yet been circulated from any other source confirming the SEC’s approval.
A Bloomberg correspondent specializing in ETFs doubts the veracity of the news. Thanks to this news, Bitcoin succeeded in penetrating the $30,000 level momentarily before losing some of its gains.
It is noteworthy that there are requests to issue spot Bitcoin traded funds submitted by many entities, the most important of which are BlackRock, iShares, and others.
BlackRock announced that its request is still under consideration and the Securities and Exchange Commission has not yet taken any decision regarding it.
Some believe that everything that happened came as a result of incorrect news, as Bitcoin has lost nearly two thousand dollars in profits since the news was published minutes ago and its rise to $30,000 so far, and the rate of rise has declined from 10% to 3.5% now at 16:50 local time. Riyadh.
It is noteworthy that no confirmation or denial has yet been issued by iShares or the Securities and Exchange Commission (SEC).
The journalist responsible for the ETFs file at Bloomberg said in his latest tweet that he discovered news from Reuters revealing the SEC’s approval of the decision to issue a Bitcoin ETF from iShares. However, it has not been published yet.
Investing.com - News emerged from Cointelegraph's social media account that the US Securities and Exchange Commission (SEC) has approved iShares spot Bitcoin trading funds.
Bitcoin is now rising by more than 8% and jumping above the $29,000 levels after this news, which has not yet been confirmed, as it was published only on the Coin Telegraph account, and no news has yet been circulated from any other source confirming the SEC’s approval.
A Bloomberg correspondent specializing in ETFs doubts the veracity of the news. Thanks to this news, Bitcoin succeeded in penetrating the $30,000 level momentarily before losing some of its gains.
It is noteworthy that there are requests to issue spot Bitcoin traded funds submitted by many entities, the most important of which are BlackRock, iShares, and others.
BlackRock announced that its request is still under consideration and the Securities and Exchange Commission has not yet taken any decision regarding it.
Some believe that everything that happened came as a result of incorrect news, as Bitcoin has lost nearly two thousand dollars in profits since the news was published minutes ago and its rise to $30,000 so far, and the rate of rise has declined from 10% to 3.5% now at 16:50 local time. Riyadh.
It is noteworthy that no confirmation or denial has yet been issued by iShares or the Securities and Exchange Commission (SEC).
The journalist responsible for the ETFs file at Bloomberg said in his latest tweet that he discovered news from Reuters revealing the SEC’s approval of the decision to issue a Bitcoin ETF from iShares. However, it has not been published yet.