sometimes ,all it takes a wild ride🍟🤗 | -LuCyFeR- on Binance Square

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sometimes ,all it takes a wild ride🍟🤗

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$BTC Bitcoin Extortion in Belarus: 13 Years in Prison for the 'Electrician' 🔴 A court in Belarus sentenced a resident of Grodno to 13 years in prison for extorting over 5,000 bitcoins. The crime occurred in August 2024, when the perpetrator, along with an accomplice, entered the apartment of a Minsk resident posing as electricians and threatened him with violence in an attempt to force him to transfer cryptocurrency. According to the prosecutor's office, they used a pneumatic pistol and an electric shocker; however, the victim managed to resist and did not succumb to the blackmail. The court found the accused guilty and imposed a fine of 21,000 Belarusian rubles. The second participant in the crime managed to escape abroad. This situation highlights the growing trend of extortion using cryptocurrency, which is a serious problem for countries around the world.

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#CryptoRoundTableRemarks U.S. Crypto Policy Just Got a Major Shakeup Big news out of the May 12 Crypto Task Force roundtable — SEC Chairman Paul Atkins has outlined a major shift in how the U.S. plans to regulate crypto. Instead of the usual enforcement-heavy approach, the SEC is now leaning toward a more rules-based, rational framework. This is a big deal. For years, the lack of clear guidelines has left both investors and projects in the dark. Now, there’s real talk about moving toward transparency and consistency, which could finally give the industry the clarity it’s been asking for. Is this the turning point for crypto in the U.S.? Could we finally see thoughtful regulation that helps, not hinders, innovation? Let’s see how this unfolds — but for now, this feels like a step in the right direction.

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#CryptoCPIWatch The financial world is on edge as the US Consumer Price Index (CPI) data is set to be released today at 8:30 AM EST on May 13, 2025. This critical economic indicator, which measures inflation, is anticipated to have a significant impact on both traditional stock markets and the cryptocurrency space. According to a tweet by Crypto Rover on Twitter, Truflation data suggests an inflation rate of 1.68%, notably lower than the Federal Reserve’s expectation of 2.4%. If the actual CPI data comes in below the Fed’s forecast, markets could see a substantial bullish reaction, as lower inflation often signals potential interest rate cuts, boosting risk assets like stocks and cryptocurrencies. Historically, such events have driven sharp price rallies across multiple asset classes, with Bitcoin and altcoins often benefiting from increased risk appetite. As of 7:00 AM EST on May 13, 2025, Bitcoin (BTC) is trading at approximately $62,500 on Binance, with a 24-hour trading volume of over $25 billion, reflecting heightened anticipation. Ethereum (ETH) also shows pre-event strength, hovering at $2,950 with a trading volume of $12 billion in the same timeframe, according to data from CoinGecko. The stock market, particularly indices like the S&P 500 and Nasdaq, are also poised for volatility, with futures pointing to a cautious opening as of 6:30 AM EST. Crypto-related stocks such as Coinbase (COIN) and MicroStrategy (MSTR) are likely to see correlated movements, with COIN trading at $205 pre-market, up 1.2% as of 7:15 AM EST, based on Yahoo Finance data.

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$BTC Based on the latest news, it seems that Bitcoin is approaching new record prices. According to FXStreet, Bitcoin is currently hovering (on Monday) below the $104,000 level, and traders are awaiting a retest of its all-time high at $109,588. TradingView also indicates that Bitcoin is gradually approaching its all-time high of $109,588. For the record, Bitcoin reached its all-time high at around $109,000 in late January 2025. Will there be another rise for Bitcoin and another peak, or is a correction on the horizon?💡💡

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#TradeWarEases Trade War Eases Between U.S. and China Recent high-level talks between the United States and China have led to a significant easing of trade tensions. Held in Geneva, the discussions were described as productive by both sides, with substantial progress made. While details remain limited, the two nations agreed to establish a framework for ongoing dialogue on trade and economic issues. U.S. officials see this as a step toward resetting bilateral relations, while China has shown willingness to open its markets further. Financial markets reacted positively, with U.S. futures rising and safe-haven assets like gold declining. Although the breakthrough is encouraging, analysts urge caution until concrete agreements are revealed. Still, the move signals a shared desire to reduce trade barriers and stabilize global economic ties.

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