In response, Mr. Behnam acknowledged the unique technology behind bitcoin and digital assets and the need for a different approach to cybersecurity and operational resilience than traditional asset classes.

Meanwhile, Senator Cory Booker expressed concern about the prevalence of market abuse and the responsibility placed on the SEC and CFTC to address it. He noted that about half of the cases pending before the CFTC involve #cryptocurrencies , which he said is an
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#CompassInvestments #TokenEconomy #GlobalCrypto #DigitalCurrency

Trump will speak at major bitcoin conference later this month: turning point?

Former US President Donald Trump has confirmed that he will speak at the #BinanceTurns7 BTC/USD 2024 conference, the world's largest event of its kind, in Nashville.What happened: rumors that the US presidential candidate would speak at this important event have been circulating for the past month. On Wednesday, BItcoin Magazine, the event's organizer, officially confirmed it.In addition to Trump, other influential politicians are scheduled to speak at the convention, including independent candidate Robert Kennedy Jr, former GOP presidential candidate Vivek Ramaswamy and Senators Bill Haggerty (R-Tenn. ) and Marsha Blackburn (R-Tenn. ).Arc Invest CEO Kathy Wood and #MicroStrategy co-founder Michael Saylor have also been confirmed as speakers at the event.the conference is known for its historic presentations. Previous speakers include El Salvador's President Naïve Boukere, who declared bitcoin legal tender at the Bitcoin 2021 conference.Why it's important: Trump's participation underscores his campaign's focus on #cryptocurrencies . According to a document released by Trump's campaign office, the U. S. Republican Party has officially declared its support for the #cryptocurrency industry in its 2024 election manifesto, based on Trump's vision \Read us at: Compass Investments

#CryptoMarketTrends

Easily identify market trends: the size and color of each bubble instantly tells you performance, trading volume, market capitalization, liquidity and market cap/liquidity.

Find hidden gems: identifies promising projects with undervalued market capitalization; identifies exponential growth potential in the zkSync ecosystem; provides a quick and easy way to identify the most promising projects and projects in the zkSync ecosystem.
ᑒ Gather information and make decisions: monitor price volatility and liquidity depth to understand asset stability and growth potential. zkBubbles allows you to navigate zkSync with confidence.
Intuitive and engaging: The visual format makes data easy to understand, making learning zkSync fun and accessible. \\Highly customizable: customize the experience so users can focus on the metrics that matter most to them.
Information at your fingertips: gain valuable insights into the zkSync ecosystem through a web browser or mobile app to make informed investment decisions.
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The best blockchain projects to launch in Q2 2024{n

The Wu #Blockchain Company has identified the best projects for Q2 2024, covering a range of sectors. The projects include Monad, Aleo, Magic Eden, Berachain, Babylon and HashKey.
Major investors such as Paradigm, a16z and SoftBank Vision Fund are backing these projects.
The blockchain analytics team at Wu Blockchain has published a list of the best potential #token creation projects (TGEs) in H2 2024. The list covers various areas of the #cryptocurrency space, including L1 (L1), L2 (L2), decentralized finance (DeFi), centralized exchanges (CEX) and non-functional tokenization (NFT) markets. \\These tokens include Monad, Aleo, Magic Eden, Berachain, Babylon, Scroll, Karak, Movement, SynFutures, Backpack, Puffer, LiFi, Lens, Solv, Symbiotic, Swell, Zircuit, StakeStone, Hamster Kombat, HashKey, Fuel, Avail, Zora, Elixir and HyperLiquid. \\Each token represents a different attempt to utilize blockchain and cryptocurrency, from #BinanceTurns7 projects to pioneering blockchain implementations in various industries. \\The first project, Monad, has received significant funding of $244 million; backed by major investors such as Paradigm and Dragonfly, Monad is focused on creating decentralized applications (dApps) for a variety of use cases. The company, backed by major investors such as a16z, Kora and SoftBank Vision Fund, develops privacy-focused blockchain solutions.
In addition, Magic Eden has received $149.4 million in funding and has significant support from prominent investors such as Electric Capital, Paradigm and Sequoia. Magic Eden is known for exploring market opportunities.
its tier one project, Berachain, has received funding of US$142 million from investors such as Polychain and Framework Ventures. Meanwhile, HashKey, a CEX project, has received $100 million in funding, although the specific investors remain unknown.

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#MarketInsights

Learn about the latest developments in the cryptocurrency market.

Ethereum has reached its lowest RSI level since the August 23 collapse, indicating oversold conditions. \\The #cryptocurrency market is under significant stress as RSI levels hit new lows.
The price of #BinanceTurns7 fell sharply to its lowest RSI level since August 2023, indicating a possible market bottom. Such extreme oversoldness, reflected in a number of #altcoins , indicates widespread investor abandonment and casts doubt on the near future of the cryptocurrency market.
Cryptocurrency analyst Michael van de Poppe highlighted this important development by noting the unprecedented RSI levels. For Ethereum, RSI levels are the weakest in almost a year, indicating that the cryptocurrency is seriously oversold. The same goes for altcoins, many of which recorded record low RSI values. This picture reflects a broader market downturn and raises questions about the near future of the cryptocurrency market.
The fall of Ethereum's RSI to its lowest value since August 2023 is an important moment in trading history. As an important momentum indicator, RSI measures the speed and changes in price movement, with values below 30 usually indicating an oversold condition. Ethereum's current RSI value of 25 indicates an extremely bearish sentiment that could precede a possible rebound if past trends continue.
the RSI's decline coincides with Ethereum's price falling as it approaches a key support level around $2,480. Traders and analysts are watching these levels closely for signs of a reversal or further decline. The high trading volume associated with this drop is indicative of the high level of market participation often seen during periods of capitulation. This phase usually signifies the final phase of a bearish trend and can set the stage for a market bottom and subsequent recovery when selling pressure reaches its peak.

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#CryptoTrends #DigitalCurrency

The process was initiated in July this year after a payment plan was announced last month.

At its peak, Mt. Gox served more than 70% of the world's #bitcoin transactions, but went bankrupt in 2014, losing about 740,000 #BTC in a massive hack.
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#BlockchainFuture #CryptoAdoption #transscreen.ru

Earlier this year, a political parody token was launched.

Like other #meme coins, PolitiFi tokens are volatile. Their value often fluctuates wildly depending on political events and public interest. With the U. S. election four months away, holders should be prepared for shocks.
the ups and downs of these parody tokens reflect a broader trend in the #cryptocurrency market: memcoins are known for their speculative nature and rapid price fluctuations; PolitiFi tokens add a layer of political satire and appeal to investors who prefer a combination of humor and potential returns.
As the election approaches, the performance of these tokens will continue to be influenced by political events and public sentiment. Debates, scandals, and election events can all affect their market value. Investors need to stay informed and be prepared for the inevitable ups and downs.
The PolitiFi phenomenon also emphasizes the importance of communities in the cryptocurrency sector. Active participation and loyal fans can drive interest and investment in these tokens. Social media platforms such as Twitter play an important role in spreading the word about these coins and fueling excitement.
As a result, PolitiFi tokens have carved a niche for themselves in the cryptocurrency market by combining political satire with the meme coin trend. The initial success was followed by volatility and problems in the market. With the US election just months away, the future of these tokens remains uncertain. However, for those willing to accept the risk, PolitiFi offers a unique and exciting investment opportunity.
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#CryptoUpdates #TrendingTopic #FinTechInnovations

Ripple's XRP appears poised for a massive price increase in the coming months, with analysts pointing to a similar price movement in 2017 to justify their belief in a surge in value.

The X (formerly Twitter) financial analyst Tyree Erik believes that #XRP is well positioned to repeat its historic rise in 2017, which speaks to the cyclical nature of this asset. At the time, XRP was up 1,400% in 12 months, compared to #bitcoin (BTC), which soared nearly 100% in a year.
After the 2017 peak and the prolonged bear cycle that followed, XRP could regain its 2017 form, with Eric citing similar trends nearly seven years apart. His analysis reveals the following patterns
XRP is currently trading in a mostly flat trend, down 3% in seven days despite an increase in trading volume over the same period; XRP currently ranks seventh among #digital assets with a market capitalization of $26.1 billion, but if Eric's analysis proves correct, its stock will continue to rise and possibly make it into the top three.
The altcoin is currently stable at US$0.54, but the recent drop in #BTC could greatly affect the short-term price of XRP. However, the Santiment report notes that the lower sentiment towards XRP gives traders the opportunity to buy the asset at a lower price.
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#GlobalCrypto

Since the beginning of the year, Solana meme coin has surpassed Ethereum by 800%, gaining stability and constant growth.\\Meme coins hold 22% of the market, with Solana leading the way with a 9.64% share, followed by Ethereum and AI.Dogwifhat grew 12.34% and Billy's market capitalization increased 97%, surpassing DADDY.\\Solana-based meme coins have outperformed Ethereum-based coins by a staggering 800% since the beginning of the year, according to first quarter reports. The CoinMarketCap 2024 H1 report recognized meme coins as the most popular asset class with a market share of 22%. The Solana ecosystem (SOL) topped the list for the past eight months, followed by Ethereum (ETH) and artificial intelligence (AI) tokens.

The #Solana ecosystem took 9.64% of the market, while #meme coins grew. Over the past week, meme coins have remained stable and in the green.
The top performer is Dogwifhat (WIF), which has gained 12.34% in the past 24 hours, making it the most popular meme coin. After a prolonged slump last week, its price rose 40.17%.
The report also highlights the fact that most SOL memes launched in late 2023 or 2024 have outperformed #ETH memes created before 2023. Specifically, the average yield of SOL memes was 8,469% compared to 962% for ETH memes. This surge may have been driven by the WIF and BONK rallies, which led to a cycle of increased interest and growth.
BILLY, a Solanium-based meme coin launched via Pump. fun, recently passed the $100 million mark. As a result, it became the second largest token on the platform.
the token's journey began in early June, when the developer sold all tokens within 20 minutes. Despite the developer's sudden departure, the community took control of the project, and it is believed that it was thanks to their efforts that Billy was able to reach new heights.
the weekend, the market value of Billy fluctuated around 72 million U. S. dollars. By the end of the week, it dropped to 60 million US dollars, but by Tuesday it soared 97% to 117 million US dollars. Similarly, Pump. fun overtook #BinanceTurns7 in daily revenue, reaching the $2 million mark on June 30, 2024.
The influence of celebrities may also have contributed to the rise of solanamime coins by attracting potential scammers targeting celebrity accounts. Recently, hackers used Sidney Sweeney's official X account to promote fake Solanamime-based meme coins.
the hacked account posted posts about giving away fake tokens and burned them. This fraudulent post highlights the problems that cryptocurrency scammers constantly face.

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#Crypto2024

Net flows from Ethereum exchanges increased by over 6%.ETH remains below resistance levels.

Over the past month, #BinanceTurns7 [ETH] has seen a noticeable trend of outflows from exchanges. Despite shrinking exchange balances, #ETH trading volumes continue to rise, and ETH is attempting to stabilize its price amid these shifts in investor behavior and network participation. According to the data, more than 1 million ETH leaked from the trading platform in June.
This outflow is estimated at approximately $3.8 billion, which is 6.4% less than in the previous month. This indicates a significant decrease in the amount of Ethereum stored on exchanges.
A further examination of CryptoQuant's exchange reserve data shows the magnitude of this change: at the beginning of June, the total amount of ETH stored in exchange reserves was over 17 million.
By the end of June, this figure had dropped to around 16 million ETH. At the time of writing, that number stood at around 16.6 million ETH.
This decline in exchange reserves usually indicates some strategic moves by investors.
Either increasing long-term reserves by moving ETH to secure wallets or becoming more involved in the Ethereum #mining process.
This is especially true as the development of Ethereum 2.0 continues. Both scenarios indicate bullish sentiment among holders.
An analysis of Ethereum mining activity provides insight into holder behavior, especially as exchange balances decline.
According to Glassnode, the total number of deposits is steadily increasing. The move is significant because it signals a shift from trading and storing ETH on exchanges to storing it in betting contracts. According to the latest data, the number of deposits has surpassed 1.5 million.
In addition, more than 33.2 million ETH has been deposited in saqqa, according to Dune Analytics. This large volume of ETH deposits corresponds to almost 28% of the total ETH supply.

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#CryptoMarketTrends #TokenEconomy

Surprisingly, the whales of Ethereum's early coin offering (ICO) era have reappeared after more than 6 months of inactivity.

The wallet, which participated in the 2015 #IntroToCopytrading ICO and purchased #eth at 254,900.0311 ETH per token, today transferred the equivalent of 7,000.2428 million ETH to the Kraken exchange.
The transaction marks the end of the 209-day silence of this illustrious owner, who owns approximately 440,000 shares worth 13,950 million ETH.
This major move has caught the attention of the #cryptocurrency community not only because of the size of his assets, but also because of its potential impact on the market.
The wallet address, which contains pre-mined Ethereum worth £11,600 million at the current price, transferred the entire balance of 61,216 ETH to an address associated with the Kraken cryptocurrency exchange. The wallet remained inactive for 7 years before this transaction took place at 18:23:30 GMT on January 8. As analytics firm Lookonchain found out, the wallet was part of a public Ethereum crowdsale in 2014, and its owners received tokens at an ICO price of around $0.31 per ETH. A...
Large trades by these novice traders affect market sentiment and price movements, especially if they are made on a major exchange such as Kraken. It is often (but not always) the case that someone enters an exchange to sell or prepare for further trading activity.
At the same time, another important transaction involving the U. S. government has emerged.
According to the Arkham Analytics platform, a prominent US government wallet transferred 3,375 ETH (worth about 011.75 million dollars) to an unknown address 0x5a... Today through 1871.
The seized funds of Estonian crypto entrepreneurs Sergey Potapenko and Ivan Turogin are known to be held at this address.
The transfer of such a significant amount of ETH to a government-controlled address raises interesting questions about the potential use of these funds.
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#TrendingTopic #CryptoNews

The use of cryptocurrencies is skyrocketing and has become even more accessible thanks to integration into popular messaging apps such as Telegram, where users can send and receive cryptocurrencies directly through the app using a dedicated wallet bot. This seamless integration means that users can handle crypto assets without leaving the Telegram environment, making transactions faster and more convenient.

The process is simple and users can create a Telegram wallet by interacting with these bots; the Telegram platform supports multiple #cryptocurrencies , making it more versatile for different users. This integration also benefits businesses, as they can easily accept #cryptocurrency payments through Telegram and provide methods such as sending payment links or QR codes.
Overall, Telegram's cryptocurrency integration simplifies the process of managing digital currencies used by individuals and businesses. This feature utilizes the app's large user base and intuitive interface to make cryptocurrency transactions more accessible.
Telegram is a popular messaging app known for its speed and security. It allows users to send text messages, voice calls, video calls, and multimedia files. With end-to-end encryption of confidential chats, Telegram ensures user privacy.
The app has over 800 million monthly active users worldwide, making it an important platform for communication and business.
Security: key features
Cloud access: messages are stored in the cloud and can be accessed from a variety of devices.
Unlimited media sharing: users can share large files without size restrictions.
Groups and channels: Telegram supports groups of up to 200,000 members and public or private channels to broadcast messages to a wide audience.
Bots: Automated programs can perform a variety of tasks, from setting reminders to processing payments.
User Experience:
Telegram offers a clean and intuitive interface. Users can easily navigate between chats, groups, and settings. Chat themes and backgrounds are customizable, giving chats a personal touch.
Security.
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#TrendingTopic #BlockchainFuture #FinTechInnovations

The SEC reduced Ripple's fine from $2 billion to $102 million, but Ripple rejected the decision.

Ripple has spent more than $200 million fighting the SEC over #cryptocurrency defenses.
The potential policy change could reduce SEC Chairman Gensler's influence, which would benefit the crypto industry.
The legal battle between #Ripple Labs and the U. S. Securities and Exchange Commission (SEC) is entering a crucial phase. The SEC initially demanded a $2 billion fine, which was reduced to $102 million. However, Ripple did not accept this reduced offer, indicating that the controversy continues.
Legal experts are unsure whether the case will end in a settlement or a court ruling. Given the looming political changes and other major cryptocurrency companies clashing with the SEC, the outcome of the lawsuit is highly anticipated.
Fifteen days ago, the SEC offered Ripple $102 million, which was significantly less than the original demand of $2 billion. Despite the fact that it was expected that Ripple would soon accept the offer, the company decided to continue the dispute. This decision stems from a long history of what Ripple and the #XRP community believe to be unfair treatment and harassment by the SEC.
While the SEC's original goal was to protect individual investors, the SEC's actions regarding XRP have been widely criticized; Ripple's legal fight, which has cost more than $200 million, is seen as a battle for the entire crypto industry.
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#MarketInsights #CompassInvestments

Ethereum has been under increasing selling pressure over the past week.

Market indicators have been bullish towards the #token .
The #IntroToCopytrading [ETH] exchange rate has finally gained bullish momentum. Given the latest data, #ETH could reach new highs by the end of the year.
Let's take a closer look at what's happening.
By examining CoinMarketCap data, AMBCrypto found that the price of ETH has risen by more than 2% over the past seven days. In the last 24 hours alone, the price of the token has increased by more than 3%.
As of this writing, ETH is trading at a price of $3,488.88 and has a market capitalization of over $419 billion. According to IntoTheBlock, only 10% of investors in ETH have lost money due to the recent price increase.
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#CryptoTrends #news

The U.S. Securities and Exchange Commission (SEC) has sued Consensys for selling unregistered securities and engaging in brokerage activities with respect to Metamask and its betting services, triggering a major legal battle.

SHARE.The U. S. Securities and Exchange Commission (SEC) has sued Consensys for selling unregistered securities and engaging in brokerage activities with respect to #Metamask and its betting services, triggering a major legal battle.Consensys is not surprised by this move.The SEC's charges are identical to those that Wells notified Consensys of earlier this year. Consensys previously reported that the SEC had warned of potential litigation against MetaMask Swaps. The lawsuit is part of the SEC's broader enforcement scheme against large cryptocurrency companies.Last summer, the SEC sued #Coinbase and #Binance for offering unregistered securities and operating as unregistered brokers and exchanges; the SEC also targeted Coinbase's betting services, which it saidRead us at: Compass Investments

#CryptoNews #BlockchainFuture

The stock market offers a number of advantages

High return potential: historically, stocks have provided higher returns than other investment instruments such as bonds and savings accounts.
Dividend income: many companies pay dividends to shareholders, providing a stable source of income.
Liquidity: stocks are relatively liquid investments.
Company ownership: owning shares in a company is an interesting and financially rewarding way to own shares.
Before investing, determine your financial goals. Is it for retirement, for a down payment on a home purchase, or for your children's education? Your goals will affect your investment strategy, including your risk tolerance and time horizon.
Understanding the basics of investing is critical. The following are important concepts you should familiarize yourself with
Stocks and shares: Learn what stocks are and how they work.
Diversification: understand the importance of investing in different assets to reduce risk.
Risk tolerance: determine how much risk you can tolerate.
Investment strategies: consider different strategies such as value investing, growth investing and dividend investing.
To buy and sell stocks, you need an account with a brokerage firm. When choosing a broker, consider the following
Commissions: look for brokers with low costs and competitive commissions.
Investment options: make sure the broker offers a wide range of investment options.
User interface: choose a platform that is user-friendly and offers powerful research tools.
Customer service: good customer service can be invaluable, especially for beginners.
Once you have chosen a broker, you need to fund your account. Most brokers offer several deposit options, including bank transfers and wire transfers.
Research is the most important aspect of investing. Look for companies with strong fundamentals such as
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The price of PEPE fell 7.5 percent as large whales sold 1.4 trillion Ethereum tokens, causing a market reversal and increasing selling pressure.

SHARE.The price of #PEPE fell 7.5 percent as large whales sold 1.4 trillion #IntroToCopytrading tokens, causing a market reversal and increasing selling pressure.The price of PEPE fell sharply on Saturday, recouping some of its earlier gains. The price fell to USD 000001088, recording a 7.5% drop in 24 hours. The fall is part of a broader market downturn, but whale activity exacerbated the situation. Large holders known as.Whale, are converting PEPE to #ETH despite the losses, signaling a strategic investment. The move reflects the market's confidence in Ethereum, helped by the planned launch of a spot Ethereum #ETF in July.Many market participants have compared the launch of the #bitcoin spot ETF to the launch of the bitcoin spot ETF and speculated that ethereum could experience similar growth. However, Morningstar ETF analyst Brian Armour believes that the launch of the ethereum spot ETF may not generate as much excitement as the bitcoin launch due to the different market sizes of the two cryptocurrencies.PEPE's price struggle is due to broader market trends and significant whale activity. Large whales converting large volumes of PEPE to ETH despite losses indicate a strategic shift towards Ethereum. This shift is influenced by the expected launch of spot ETFs on Ethereum. While there are expectations that Ethereum will experience a surge similar to the launch of Bitcoin ETFs, analysts remain cautious due to market differences. The next few weeks will be crucial in determining the future of PEPE and Ethereum.Read us at: Compass Investments

A trader known for his timely altcoin predictions believes Solana's memcoin token (SOL) has started a new uptrend.

Pseudonymous analyst Blantz told his 263,800 followers on social media platform X that the #Dogwifhat (WIF) memcoin has likely bottomed out.
According to the analyst, #WIF is already showing signs of a bullish reversal on the junior timeframe after a deep correction from an all-time high of $ 4.83.
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#GlobalCrypto #Crypto2024 #DigitalCurrency

According to cryptocurrency analyst Ali (pseudonym), the TD (Tom DeMark) serial indicator represents an important buy signal on the 3-day chart of Dogecoin, the leading meme coin.

The chartist predicted that Dogecoin's price could rebound in the near future.
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BONK prices return to consolidation amid growing optimism

BONK prices are trying to recover losses incurred during the recent 51% correction.
MACD shows a bullish crossover for the first time since early June.
Funding levels remain low as investors are uncertain about the direction of the coin #meme .
The price of #BONK has declined significantly in recent weeks, and the altcoin has reached a two-month low.
Mixed signals from the broad market and investor skepticism point to different development paths.
With markets bullish and investors bearish, BONK prices may show a sideways trend in the coming weeks. The moving average divergence indicator (MACD) recently showed a bullish crossover. This happened for the first time since early June.
This technical indicator indicates a possible change in momentum and could signal a future uptrend in #cryptocurrencies .
However, despite the bullish MACD signal, BONK's funding level continues to decline. Negative and positive crossovers indicate that investors are still unsure about the future direction of the coin, suggesting a lack of confidence in a sustainable uptrend.
The conflicting signals between the MACD crossover and the declining funding level emphasize the cautious sentiment prevailing among BONK investors. Although technical indicators may point to upside potential, the overall market sentiment appears indecisive.
As a result, BONK prices may demonstrate sideways dynamics.
In June, the price of BONK fell 51% and traded at $000001950 before recovering slightly and consolidating above $000002212. At that time, the altcoin scared investors, who subsequently changed their positions from bearish to bullish.
However, mixed signals suggest that BONK is likely to consolidate in the coming days. The range could be $ 000002748 and $ 000002212.
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#FinTechInnovations #news