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The pro's are taking  profits.... 

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UK Crime Gang Creates Meme Coin to Launder Drug Money - Rather than using established digital assets like Bitcoin or Ethereum and funneling them through traditional mixing services, this gang opted for a more hands-on approach: they created a meme coin. The goal? To spark viral online interest, inflate the token’s value, and then cash out, making their earnings appear as legitimate gains from the crypto market rather than proceeds from crime.. - Investigators say the group, operating in the mid-tier of organized crime, has its hands in everything from drug distribution and fraud to trafficking counterfeit goods and illicit tobacco. The identity of both the gang and the token has not been disclosed, but the method is raising serious alarms. - Gary Carroll, a specialist in drug-related criminal networks, noted that while crypto has long been a tool for laundering, meme coins now present a simpler and faster route. The gang’s strategy reportedly revolves around leveraging social media hype to pump the coin’s value before rapidly dumping it for cash, disguising illegal profits as earnings from digital entrepreneurship. - $BTC

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Bitcoin’s Surge Sparks Hopes for Market Recovery - In the past 24 hours, Bitcoin’s open position value skyrocketed to $58.7 billion. This rise contrasts sharply with the bearish trends witnessed earlier this year, hinting at renewed optimism among traders. The increase in trading volume suggests that active trends may soon dominate the derivatives market. - As Bitcoin nears $88,500 within a day, short-term charts indicate substantial gains over the past weeks and months. The growth in open positions reflects the overall market sentiment, potentially paving the way for Bitcoin to reach unprecedented heights in the near future. - The uptick in open positions signals heightened risk appetite among traders. If this trend continues, Bitcoin might soon break through previous price ceilings, setting new records in the coming days. - Institutional interest is also on the rise, with major players like Metaplanet adding to their holdings. Recently, they acquired 330 Bitcoins, totaling a hefty $555 million. Such moves indicate that a growing number of entities view Bitcoin as a secure asset, especially in light of global market uncertainties. - Market data supports the notion that if the current enthusiasm prevails, Bitcoin could very well surpass previous price records. Arthur Hayes remarked that Bitcoin, presently priced below $100,000, is “trading at a unique discount,” further fueling bullish expectations. #BTCRebound

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Why Michael Saylor Says Bitcoin Has No Rivals - Michael Saylor, a well-known Bitcoin advocate and founder of MicroStrategy, recently made a bold statement on social media: “#Bitcoin has no counterparty risk. No company. No country. No creditor. No currency. No competitor. No culture. Not even chaos.” - But what does he mean by that? - In traditional finance, counterparty risk refers to the possibility that the other party in a financial agreement might fail to fulfill their end of the deal. Stocks rely on companies. Bonds rely on governments or corporations. Fiat currencies rely on central banks. In all these cases, trust is placed in a third party. - Saylor’s point is that Bitcoin doesn’t rely on anyone. It’s not controlled by a central bank, a government, or a company. It’s a decentralized network powered by code, miners, and the consensus of users around the world. That’s why he says it has “no counterparty.” - Bitcoin exists independently. It cannot default like a bond issuer might. It can’t be diluted like fiat currency. There is no CEO who can make a bad decision that tanks its value. - Because of this, Saylor sees Bitcoin as a uniquely secure store of value—especially in times of economic uncertainty or geopolitical chaos. - Saylor’s quote goes further—he says Bitcoin has “no culture” and “not even chaos” as a competitor. He means Bitcoin doesn’t belong to any single nation or belief system, and it thrives even when the world is unstable. In fact, many people see Bitcoin as a hedge against inflation, war, and broken financial systems. - Whether or not you agree with Saylor’s maximalist view, his core message is clear: Bitcoin is designed to be resilient. And that might be exactly what some investors are looking for right now. $TRX

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