cryptofam
5,239 views
11 Discussing
Hot
Latest
Important News of the Week
šµ Sentient Labs, supported by the co-founder of Polygon, raised $85 million to develop an open artificial intelligence platform. This step aims to democratize AI and enhance AGI (artificial general intelligence) capabilities.
šµ Ripple, the developer of XRP Ledger, announced the launch of a new stablecoin that will compete with Tether and USDC. This step is aimed at expanding the Ripple ecosystem and increasing its market share in stablecoins.
šµ Ellipsis Labs, the developer of the decentralized exchange Phoenix based on Solana, raised $20 million in a Series A round led by Paradigm. The funds will be directed towards improving the functionality and security of the platform.
šµ The transaction volume on decentralized applications (dApp) on the Polygon platform increased by 83%, leading to increased interest in the MATIC token. Despite this, the price of MATIC faced pressure from sellers.
šµ According to CryptoQuant, Bitcoin reserves on cryptocurrency exchanges have reached a multi-year low, indicating a growing interest in storing Bitcoin off exchanges. This could impact the supply of Bitcoin on the market and potentially lead to a price increase.
CryptoFam
#Blockchain #cryptofam
šµ Sentient Labs, supported by the co-founder of Polygon, raised $85 million to develop an open artificial intelligence platform. This step aims to democratize AI and enhance AGI (artificial general intelligence) capabilities.
šµ Ripple, the developer of XRP Ledger, announced the launch of a new stablecoin that will compete with Tether and USDC. This step is aimed at expanding the Ripple ecosystem and increasing its market share in stablecoins.
šµ Ellipsis Labs, the developer of the decentralized exchange Phoenix based on Solana, raised $20 million in a Series A round led by Paradigm. The funds will be directed towards improving the functionality and security of the platform.
šµ The transaction volume on decentralized applications (dApp) on the Polygon platform increased by 83%, leading to increased interest in the MATIC token. Despite this, the price of MATIC faced pressure from sellers.
šµ According to CryptoQuant, Bitcoin reserves on cryptocurrency exchanges have reached a multi-year low, indicating a growing interest in storing Bitcoin off exchanges. This could impact the supply of Bitcoin on the market and potentially lead to a price increase.
CryptoFam
#Blockchain #cryptofam
See original
Top Cryptocurrency News for October 18
šµThe EYWA cross-chain protocol team has announced the launch of the Early Farming program, where participants can earn rEYWA tokens. These can be exchanged for EYWA at a 1:1 ratio after the TGE (Token Generation Event), scheduled for the end of 2024, according to the project representatives to ForkLog.
šµMatrixport analysts have admitted that their February forecast that Bitcoin would hit $70,000 by the end of the year was ātoo conservative.ā They believe the price could surpass that threshold, especially ahead of the US elections.
šµMatrixport analysts have admitted that their February forecast that Bitcoin would hit $70,000 by the end of the year was ātoo conservative.ā They believe the price could surpass that threshold, especially ahead of the US elections.
Spot or Futures: What to Choose
Spot trading and futures trading each have their own characteristics, advantages, and risks.
Spot Market
šµ Simplicity: Buying and selling cryptocurrencies occur instantly at the current market price.
šµ Long-term investments: Suitable for those who want to hold assets for a long time.
šµ Low risk: Less risky compared to futures as there are no margin positions.
Futures
šµ Hedging: Allows hedging risks by locking in the purchase or sale price of an asset in the future.
šµ Speculation: The possibility of profit on both rising and falling prices.
šµ High risk: Using leverage can lead to significant losses.
Choosing between spot and futures depends on your goals, risk level, and experience. Beginners are recommended to start with spot trading, while experienced traders can use futures for hedging and speculation.
CryptoFam
#Spot #Futures #cryptofam
Spot trading and futures trading each have their own characteristics, advantages, and risks.
Spot Market
šµ Simplicity: Buying and selling cryptocurrencies occur instantly at the current market price.
šµ Long-term investments: Suitable for those who want to hold assets for a long time.
šµ Low risk: Less risky compared to futures as there are no margin positions.
Futures
šµ Hedging: Allows hedging risks by locking in the purchase or sale price of an asset in the future.
šµ Speculation: The possibility of profit on both rising and falling prices.
šµ High risk: Using leverage can lead to significant losses.
Choosing between spot and futures depends on your goals, risk level, and experience. Beginners are recommended to start with spot trading, while experienced traders can use futures for hedging and speculation.
CryptoFam
#Spot #Futures #cryptofam
Nigeria is developing its own blockchain called "Nigerium" to ensure data sovereignty. The National Information Technology Development Agency (NITDA) states that this will help protect national data and enhance security.
Looks like we will soon have a new cryptocurrency trend ā national blockchains!
CryptoFam
#Nigerium #cryptofam
Looks like we will soon have a new cryptocurrency trend ā national blockchains!
CryptoFam
#Nigerium #cryptofam
Blockchain and cryptocurrencies are coming together to counter the potential negative effects of artificial intelligence (AI) applications. These technologies can help authenticate content, verify identities, and facilitate financial transactions using stablecoins. This collaboration aims to create a secure and transparent digital ecosystem, reducing the risks of counterfeiting and cybercrime.
CryptoFam
#Blockchain #Crypto #cryptofam
CryptoFam
#Blockchain #Crypto #cryptofam
According to an expert, the SEC is likely to approve the trading of spot Ethereum ETFs as early as July 15. This event could significantly impact the cryptocurrency market, especially the price of Ethereum.
The approval of ETFs is expected to attract a substantial number of institutional investors.
Well, it looks like Ethereum is about to start a summer race. šāā”ļø
#CryptoFam
#ETF #cryptofam
The approval of ETFs is expected to attract a substantial number of institutional investors.
Well, it looks like Ethereum is about to start a summer race. šāā”ļø
#CryptoFam
#ETF #cryptofam
See original
Top Cryptocurrency News for October 8
šµ MARA, one of the largest publicly traded Bitcoin mining companies, has launched an exciting new pilot program to power its operations using excess natural gas from U.S. shale fields, as reported by Reuters. The move comes as the battle for energy between artificial intelligence (AI) data centers and Bitcoin mining operations continues.
šµ Cryptocurrency trading platform Bison, owned by Boerse Stuttgart Group, recently launched a staking insurance service for its Ethereum customers. The move aims to provide security against the risks associated with staking cryptocurrencies. It also allows customers to stake as little as 0.005 Ethereum (ETH) and receive weekly rewards.
šµ According to analytics platform Lookonchain, a large Ethereum holder who participated in Ethereumās initial coin offering (ICO) has transferred 5,000 ETH to cryptocurrency exchange Kraken. These crypto assets are currently valued at $12.22 million.
šµ Crypto.com has filed a lawsuit against the SEC after receiving a Wells notice. Crypto.com claims that the SEC overstepped its jurisdiction and disputes the agencyās claim that most cryptocurrencies are securities.
šµ Binance has announced the 60th project on Binance Launchpool ā Scroll (SCR). Users will be able to lock up their BNB and FDUSD to receive SCR for two days. Farming will begin on October 9 at 03:00 MSK, and Binance Pre-Market will then list SCR on October 11 at 13:00 MSK.
CryptoFam#Crypto#cryptofam #CashTag #CryptoBuzz
šµ MARA, one of the largest publicly traded Bitcoin mining companies, has launched an exciting new pilot program to power its operations using excess natural gas from U.S. shale fields, as reported by Reuters. The move comes as the battle for energy between artificial intelligence (AI) data centers and Bitcoin mining operations continues.
šµ Cryptocurrency trading platform Bison, owned by Boerse Stuttgart Group, recently launched a staking insurance service for its Ethereum customers. The move aims to provide security against the risks associated with staking cryptocurrencies. It also allows customers to stake as little as 0.005 Ethereum (ETH) and receive weekly rewards.
šµ According to analytics platform Lookonchain, a large Ethereum holder who participated in Ethereumās initial coin offering (ICO) has transferred 5,000 ETH to cryptocurrency exchange Kraken. These crypto assets are currently valued at $12.22 million.
šµ Crypto.com has filed a lawsuit against the SEC after receiving a Wells notice. Crypto.com claims that the SEC overstepped its jurisdiction and disputes the agencyās claim that most cryptocurrencies are securities.
šµ Binance has announced the 60th project on Binance Launchpool ā Scroll (SCR). Users will be able to lock up their BNB and FDUSD to receive SCR for two days. Farming will begin on October 9 at 03:00 MSK, and Binance Pre-Market will then list SCR on October 11 at 13:00 MSK.
CryptoFam#Crypto#cryptofam #CashTag #CryptoBuzz
See original
What is a No-Coiner
A no-coiner is a slang term used in the cryptocurrency community to describe someone who does not own any cryptocurrency and may approach it with suspicion or negativity.
No-coiners often think that cryptocurrencies are a temporary phenomenon, a bubble, a scam, or simply do not see any value in them.
Key characteristics of a no-coiner:
šµSkepticism: No-coiners are often skeptical of cryptocurrencies and do not believe in their long-term viability.
šµLack of investments: No-coiners typically do not own Bitcoin, Ether, or other digital assets.
šµCrypto Industry Criticism: No-coiners may criticize cryptocurrency projects due to their high volatility, lack of real collateral, potential regulatory risks, or fraud in the industry.
šµOpposition to Bitcoiners: In the context of the cryptocurrency community, no-coiners are often opposed to Bitcoiners and other cryptocurrency enthusiasts who actively invest in and promote crypto.
Why the term emerged:
The term "no-coiner" emerged as a form of mockery towards those who did not buy cryptocurrencies when the price was low and now feel left out or envious due to the rise in value. In some cases, no-coiners may express regret or even jealousy towards those who managed to profit from the rise of crypto assets.
CryptoFam#NoCoiner#cryptofam #IntroToCopytrading #community
A no-coiner is a slang term used in the cryptocurrency community to describe someone who does not own any cryptocurrency and may approach it with suspicion or negativity.
No-coiners often think that cryptocurrencies are a temporary phenomenon, a bubble, a scam, or simply do not see any value in them.
Key characteristics of a no-coiner:
šµSkepticism: No-coiners are often skeptical of cryptocurrencies and do not believe in their long-term viability.
šµLack of investments: No-coiners typically do not own Bitcoin, Ether, or other digital assets.
šµCrypto Industry Criticism: No-coiners may criticize cryptocurrency projects due to their high volatility, lack of real collateral, potential regulatory risks, or fraud in the industry.
šµOpposition to Bitcoiners: In the context of the cryptocurrency community, no-coiners are often opposed to Bitcoiners and other cryptocurrency enthusiasts who actively invest in and promote crypto.
Why the term emerged:
The term "no-coiner" emerged as a form of mockery towards those who did not buy cryptocurrencies when the price was low and now feel left out or envious due to the rise in value. In some cases, no-coiners may express regret or even jealousy towards those who managed to profit from the rise of crypto assets.
CryptoFam#NoCoiner#cryptofam #IntroToCopytrading #community
How Mining Works in Simple Terms
Mining is the process of creating new cryptocurrency coins and confirming transactions on the blockchain network. Let's break down this process step by step.
Mining Process
šµ Transaction Collection. There are many transactions in the network. Miners collect them into one block.
šµ Solving the Problem. To add a block to the blockchain, miners must solve a mathematical problem. This task requires significant computational power and time.
šµ Confirming and Adding the Block. Once the problem is solved, the block is added to the blockchain, and all network participants see this new block.
šµ Reward. The miner who solved the problem receives a reward in the form of new cryptocurrency and fees for the processed transactions.
Mining performs two important functions:
šµ Creating New Coins. This is the only way to create new coins in the network.
šµ Transaction Confirmation. Mining ensures the security and reliability of the network by confirming transactions and protecting the blockchain from fraud.
Mining requires significant investments in equipment and electricity, becomes more difficult and expensive with the increase in the number of miners, and price fluctuations in cryptocurrencies affect its profitability.
CryptoFam
#Mining #cryptofam
Mining is the process of creating new cryptocurrency coins and confirming transactions on the blockchain network. Let's break down this process step by step.
Mining Process
šµ Transaction Collection. There are many transactions in the network. Miners collect them into one block.
šµ Solving the Problem. To add a block to the blockchain, miners must solve a mathematical problem. This task requires significant computational power and time.
šµ Confirming and Adding the Block. Once the problem is solved, the block is added to the blockchain, and all network participants see this new block.
šµ Reward. The miner who solved the problem receives a reward in the form of new cryptocurrency and fees for the processed transactions.
Mining performs two important functions:
šµ Creating New Coins. This is the only way to create new coins in the network.
šµ Transaction Confirmation. Mining ensures the security and reliability of the network by confirming transactions and protecting the blockchain from fraud.
Mining requires significant investments in equipment and electricity, becomes more difficult and expensive with the increase in the number of miners, and price fluctuations in cryptocurrencies affect its profitability.
CryptoFam
#Mining #cryptofam
š $PEPE : Meme Magic in Action! š
š„ Current Price: $0.00002430 (-0.98%)
š 24h High: $0.00002487
š 24h Low: $0.00002306
š 24h Volume (PEPE): 18.39T
š° 24h Volume (USDT): 439.35M
š Depth Highlights:
š¹ Top Bid: $0.00002870
š¹ Top Ask: $0.00002623
š¹ Current Price: $0.00002430
š„ PEPE: A leme Coin with Momentum!
PEPE keeps the excitement alive with huge 24-hour volume and a steady market presence! Although it's down slightly today, the volume is still strong. Could this be a great buy opportunity?
š Join the PEPE Revolution!
š„ Trade Now on Binance! š„
#PEPE #MemeCoin #CryptoTrading #PepeCoin #CryptoFam
š„ Current Price: $0.00002430 (-0.98%)
š 24h High: $0.00002487
š 24h Low: $0.00002306
š 24h Volume (PEPE): 18.39T
š° 24h Volume (USDT): 439.35M
š Depth Highlights:
š¹ Top Bid: $0.00002870
š¹ Top Ask: $0.00002623
š¹ Current Price: $0.00002430
š„ PEPE: A leme Coin with Momentum!
PEPE keeps the excitement alive with huge 24-hour volume and a steady market presence! Although it's down slightly today, the volume is still strong. Could this be a great buy opportunity?
š Join the PEPE Revolution!
š„ Trade Now on Binance! š„
#PEPE #MemeCoin #CryptoTrading #PepeCoin #CryptoFam
Important events of the week
šµ Bitcoin surpassed $60,000 following an assassination attempt on former President Trump, causing market volatility. Traders estimate his chances of returning to the White House at 70%.
šµ The launch of DeepMind's JEST algorithm made AI model training faster, cheaper, and greener, improving performance by 13 times and increasing energy efficiency by 10 times.
šµ Coinbase highlighted uncertainty in the Bitcoin and Ethereum markets in the third quarter of 2024 due to the potential approval of the Ethereum ETF and the upcoming U.S. elections.
šµ PC market growth driven by AI interest, with Apple leading, showing a 20.8% increase in Mac sales in the second quarter of 2024.
šµ Binance reached 200 million users and obtained licenses in 18 jurisdictions, setting a record among centralized exchanges.
CryptoFam
#News #cryptofam
šµ Bitcoin surpassed $60,000 following an assassination attempt on former President Trump, causing market volatility. Traders estimate his chances of returning to the White House at 70%.
šµ The launch of DeepMind's JEST algorithm made AI model training faster, cheaper, and greener, improving performance by 13 times and increasing energy efficiency by 10 times.
šµ Coinbase highlighted uncertainty in the Bitcoin and Ethereum markets in the third quarter of 2024 due to the potential approval of the Ethereum ETF and the upcoming U.S. elections.
šµ PC market growth driven by AI interest, with Apple leading, showing a 20.8% increase in Mac sales in the second quarter of 2024.
šµ Binance reached 200 million users and obtained licenses in 18 jurisdictions, setting a record among centralized exchanges.
CryptoFam
#News #cryptofam
Overview of Cryptocurrency Futures Trading Volumes
The image presents data on the 24-hour and weekly trading volumes for various cryptocurrency platforms and futures.
Binance Futures leads with $39.44 billion in 24-hour volume and $337.80 billion in weekly volume. Poloniex Futures is in second place with $29.75 billion in 24-hour volume and $178.52 billion in weekly volume.
OKX Futures ranks third with $16.58 billion in 24-hour volume and $152.07 billion in weekly volume. Bybit Futures and Binance show $13.10 billion and $10.03 billion in 24-hour volume, respectively.
MEXC Futures also showed a significant weekly trading volume of $22.00 billion.
CryptoFam
#Crypto #cryptofam
The image presents data on the 24-hour and weekly trading volumes for various cryptocurrency platforms and futures.
Binance Futures leads with $39.44 billion in 24-hour volume and $337.80 billion in weekly volume. Poloniex Futures is in second place with $29.75 billion in 24-hour volume and $178.52 billion in weekly volume.
OKX Futures ranks third with $16.58 billion in 24-hour volume and $152.07 billion in weekly volume. Bybit Futures and Binance show $13.10 billion and $10.03 billion in 24-hour volume, respectively.
MEXC Futures also showed a significant weekly trading volume of $22.00 billion.
CryptoFam
#Crypto #cryptofam
The Mt. Gox exchange transferred 47,230 BTC to a new address, raising market concerns. Payouts to creditors could lead to a mass sale of bitcoins, potentially lowering the cryptocurrency's price. Bitcoin dropped by 10.62% over the past week, adding to investors' worries.
Now we have a new crypto lottery ā guess how many more bitcoins will appear on the market! š
CryptoFam
#BTC #cryptofam
Now we have a new crypto lottery ā guess how many more bitcoins will appear on the market! š
CryptoFam
#BTC #cryptofam
Reddit is beefing up its defenses against content harvesting bots that use the platform's data to train AI. Updating the robots.txt file and other measures are aimed at limiting access by unwanted bots. These changes will not affect bona fide users and researchers. The platform will continue to partner with companies such as Google and OpenAI on a paid basis.
CryptoFam
#reddit #cryptofam
CryptoFam
#reddit #cryptofam
Types of Cryptocurrency Trading
šµ Day trading involves short-term transactions with cryptocurrencies within a single day, focusing on technical analysis and high-frequency trading. The main risk is market volatility, which can lead to losses.
šµ Swing trading aims to profit from price fluctuations in the mid-term using both technical and fundamental analysis. Risks include changes in market conditions that affect profitability.
šµ Scalping involves making numerous short trades to earn small profits, requiring quick reactions and high concentration.
šµ Long-term investing involves buying and holding cryptocurrency for an extended period, focusing on fundamental analysis and growth potential. The main risks are long-term volatility.
šµ Arbitrage involves profiting from price differences across different exchanges, requiring quick execution of trades and considering risks associated with transfer delays and price changes.
CryptoFam
#Crypto #cryptofam
šµ Day trading involves short-term transactions with cryptocurrencies within a single day, focusing on technical analysis and high-frequency trading. The main risk is market volatility, which can lead to losses.
šµ Swing trading aims to profit from price fluctuations in the mid-term using both technical and fundamental analysis. Risks include changes in market conditions that affect profitability.
šµ Scalping involves making numerous short trades to earn small profits, requiring quick reactions and high concentration.
šµ Long-term investing involves buying and holding cryptocurrency for an extended period, focusing on fundamental analysis and growth potential. The main risks are long-term volatility.
šµ Arbitrage involves profiting from price differences across different exchanges, requiring quick execution of trades and considering risks associated with transfer delays and price changes.
CryptoFam
#Crypto #cryptofam
What is a Bear Market?
A bear market is a market condition in which the prices of financial instruments such as stocks, bonds, or cryptocurrencies continue to decline over an extended period.
This decline is typically accompanied by investor pessimism and expectations of further price drops.
Characteristics of a Bear Market:
šµ Price Decline: Significant and prolonged decrease in asset values.
šµ Pessimism: Investors expect further market deterioration.
šµ Reduced Trading Volume: Decrease in market activity.
Causes of a Bear Market:
šµ Economic Downturns: Recessions or slow economic growth.
šµ High Inflation: Sharp increase in the cost of goods and services.
šµ Political Instability: Domestic or international conflicts.
Advantages and Risks:
While a bear market can lead to significant losses for investors, it also provides opportunities to buy assets at reduced prices for long-term investments.
CryptoFam
#BearMarket #cryptofam
A bear market is a market condition in which the prices of financial instruments such as stocks, bonds, or cryptocurrencies continue to decline over an extended period.
This decline is typically accompanied by investor pessimism and expectations of further price drops.
Characteristics of a Bear Market:
šµ Price Decline: Significant and prolonged decrease in asset values.
šµ Pessimism: Investors expect further market deterioration.
šµ Reduced Trading Volume: Decrease in market activity.
Causes of a Bear Market:
šµ Economic Downturns: Recessions or slow economic growth.
šµ High Inflation: Sharp increase in the cost of goods and services.
šµ Political Instability: Domestic or international conflicts.
Advantages and Risks:
While a bear market can lead to significant losses for investors, it also provides opportunities to buy assets at reduced prices for long-term investments.
CryptoFam
#BearMarket #cryptofam
See original
What is the Puell Multiple
The Puell Multiple is an indicator used in the cryptocurrency markets, in particular to analyze @Bitcoin . It allows to evaluate the profitability of mining @Bitcoin at a given time and to compare the current price of Bitcoin to historical data. This indicator is often used to predict possible peaks and dips in the price of @Bitcoin .
The Puell Multiple is calculated as follows:
Puell Multiple = daily miner revenue (in USD) / average daily miner revenue over the last 365 days
ā Daily miner revenue: this is the sum of the revenue that miners obtain in one day, including block rewards and transaction fees.
ā Average daily revenue over the year: this is the average of miner revenue over the previous 365 days.
How to interpret the Puell Multiple:
šµHigh Puell Multiple: If the Puell Multiple is significantly above average, it could indicate that the market is overheated. Miners are earning much more than usual, which could signal a potential price spike. Historically, during these times, the price of @Bitcoin tends to correct downwards.
šµLow Puell Multiple: If the Puell Multiple is significantly below average, it could mean that the price of @Bitcoin is relatively low and miners are earning less than usual. This could be a signal that the market is undervalued and a potential price increase could follow.
Why Puell Multiple is Important:
šµAssesses Market Overheating or Undervaluation: This metric helps determine whether miner revenues are historically high or low, which can indicate potential price reversals.
#PuellMultiple#cryptofam #Binance #DeFi $BTC
$HMSTR
The Puell Multiple is an indicator used in the cryptocurrency markets, in particular to analyze @Bitcoin . It allows to evaluate the profitability of mining @Bitcoin at a given time and to compare the current price of Bitcoin to historical data. This indicator is often used to predict possible peaks and dips in the price of @Bitcoin .
The Puell Multiple is calculated as follows:
Puell Multiple = daily miner revenue (in USD) / average daily miner revenue over the last 365 days
ā Daily miner revenue: this is the sum of the revenue that miners obtain in one day, including block rewards and transaction fees.
ā Average daily revenue over the year: this is the average of miner revenue over the previous 365 days.
How to interpret the Puell Multiple:
šµHigh Puell Multiple: If the Puell Multiple is significantly above average, it could indicate that the market is overheated. Miners are earning much more than usual, which could signal a potential price spike. Historically, during these times, the price of @Bitcoin tends to correct downwards.
šµLow Puell Multiple: If the Puell Multiple is significantly below average, it could mean that the price of @Bitcoin is relatively low and miners are earning less than usual. This could be a signal that the market is undervalued and a potential price increase could follow.
Why Puell Multiple is Important:
šµAssesses Market Overheating or Undervaluation: This metric helps determine whether miner revenues are historically high or low, which can indicate potential price reversals.
#PuellMultiple#cryptofam #Binance #DeFi $BTC
$HMSTR
See original
Top Cryptocurrency News for the Morning of October 10
šµ The US Department of Justice has filed charges against cryptocurrency market-making companies Gotbit, ZM Quant, CLS Global, MyTrade, as well as 14 individuals, including their executives and employees.
šµ In Portugal, at the request of the United States, the head of the cryptocurrency market-making company Gotbit, Alexey Andryunin, was arrested. This arrest, along with others, took place in connection with the charges brought by the US Department of Justice against Gotbit and three other companies ā ZM Quant, CLS Global, and MyTrade.
šµ Global investment bank UBS remains optimistic about the market outlook despite growing geopolitical tensions in the Middle East. Despite concerns about fighting between Israel and Hezbollah and missile attacks from Iran, oil prices remain stable, gold remains near all-time highs, and fears of a recession in the United States are easing.
šµ Eighteen individuals and organizations have been charged with fraud and manipulation in the cryptocurrency market. The charges relate to deceptive practices such as wash trading and pump-and-dump schemes, which artificially drove up token prices, leading to the seizure of $25 million in cryptocurrencies. As part of Operation Token Mirrors, the FBI created a fake cryptocurrency company and token to expose market fraud.
CryptoFam#News#cryptofam #Binance #info #follow $BTC $ETH $BNB
šµ The US Department of Justice has filed charges against cryptocurrency market-making companies Gotbit, ZM Quant, CLS Global, MyTrade, as well as 14 individuals, including their executives and employees.
šµ In Portugal, at the request of the United States, the head of the cryptocurrency market-making company Gotbit, Alexey Andryunin, was arrested. This arrest, along with others, took place in connection with the charges brought by the US Department of Justice against Gotbit and three other companies ā ZM Quant, CLS Global, and MyTrade.
šµ Global investment bank UBS remains optimistic about the market outlook despite growing geopolitical tensions in the Middle East. Despite concerns about fighting between Israel and Hezbollah and missile attacks from Iran, oil prices remain stable, gold remains near all-time highs, and fears of a recession in the United States are easing.
šµ Eighteen individuals and organizations have been charged with fraud and manipulation in the cryptocurrency market. The charges relate to deceptive practices such as wash trading and pump-and-dump schemes, which artificially drove up token prices, leading to the seizure of $25 million in cryptocurrencies. As part of Operation Token Mirrors, the FBI created a fake cryptocurrency company and token to expose market fraud.
CryptoFam#News#cryptofam #Binance #info #follow $BTC $ETH $BNB
šØ Iāve Got 118.4K PAWS Tokens ā How About You? Letās Compare! š§š¬ Hey Binance Fam! š¾ Guess what?
Hey Binance Fam! š¾ Guess what? Iām sitting on a cool 118.4K PAWS tokens right now, and Iām curious ā how many PAWS are you holding? Drop your count in the comments below and letās see whoās leading the pack!
With PAWS gaining traction in the crypto world, holding these tokens isnāt just about numbers ā itās about being part of an exciting journey. Whether youāre stacking big or just starting out, every token counts toward building your crypto future.
š” Why PAWS is Worth Watching:
Growing Utility: PAWS is quickly finding its paws (pun intended!) in the market, with increasing use cases and adoption.
Community Vibes: The PAWS community is strong, supportive, and buzzing with energy.
Potential to Grow: With its innovative approach, who knows how far PAWS can go?
š¢ Your Turn:
How many PAWS tokens do YOU have? Are you aiming to increase your stash or just holding tight? Share your numbers and plans in the comment box below. Letās spark some friendly competition and cheer each other on!
#PAWS #CryptoCommunity #Binance #CryptoFam #Write2Earn
$STX
With PAWS gaining traction in the crypto world, holding these tokens isnāt just about numbers ā itās about being part of an exciting journey. Whether youāre stacking big or just starting out, every token counts toward building your crypto future.
š” Why PAWS is Worth Watching:
Growing Utility: PAWS is quickly finding its paws (pun intended!) in the market, with increasing use cases and adoption.
Community Vibes: The PAWS community is strong, supportive, and buzzing with energy.
Potential to Grow: With its innovative approach, who knows how far PAWS can go?
š¢ Your Turn:
How many PAWS tokens do YOU have? Are you aiming to increase your stash or just holding tight? Share your numbers and plans in the comment box below. Letās spark some friendly competition and cheer each other on!
#PAWS #CryptoCommunity #Binance #CryptoFam #Write2Earn
$STX