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Professor Mende - Founder of BONUZ Project - in Dubai UAE
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Professor Mende - Founder of BONUZ Project - in Dubai UAE
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🚀 RECORD $17.8 BILLION YTD IN DIGITAL ASSET INFLOWS 🚀 🌟 Bitcoin and Ethereum Drive Record Inflows 🌟 The digital asset market is experiencing unprecedented investor interest, with inflows reaching a record-breaking $17.8 billion year-to-date. This surge has surpassed the previous high of $10.6 billion in 2021, signaling a robust growth trajectory for cryptocurrencies. 📈 Bitcoin’s Remarkable Inflows 📈 Bitcoin, the leading cryptocurrency, witnessed its fifth-largest weekly inflow on record last week, totaling a staggering $1.5 billion. This influx reflects a significant shift in market sentiment, with investors capitalizing on Bitcoin's recent price dip. Conversely, short-Bitcoin products saw their largest weekly outflow since April 2024, amounting to $8.6 million. James Butterfill, head of research at CoinShares, attributed this trend to market conditions: “We believe price weakness due to the German Government Bitcoin sales and a turnaround in sentiment due to lower-than-expected CPI in the US prompted investors to add to positions.” 🔷 Ethereum’s Anticipated ETF Launch Fuels Inflows 🔷 Ethereum-related investment products also attracted considerable attention, recording $72 million in inflows last week. This marks Ethereum's largest inflow since March, bringing its year-to-date total to $57 million. The anticipation of Ethereum's spot exchange-traded funds (ETF) launch has significantly boosted investor confidence. 🌐 Broad-Based Crypto Inflows 🌐 Large-cap alternative digital currencies, including Solana, Chainlink, Avalanche, and XRP, collectively saw more than $8 million in inflows. This broad interest underscores the growing diversification within the digital asset market. Follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE for more updates! #bitcoin #cryptonews #markettrends #memecoins #memecoin l$SOL $BTC $ETH
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🚨 DONALD TRUMP MEMECOIN SPIKES 52% FOLLOWING ASSASSINATION ATTEMPT 🚨 The price of the largest Donald Trump memecoin, MAGA (TRUMP), surged by over 30% following an assassination attempt on the former United States president while he was speaking on stage at a rally in Butler, Pennsylvania. 🔫 Details of the Incident 🔫 The Ethereum-based MAGA memecoin saw an immediate price spike from $6.31 to $10.36, with its market capitalization jumping from $293 million to $469 million in less than 45 minutes, according to DexScreener data. This surge in price came immediately after the news of the assassination attempt broke out. The incident occurred on July 13 during a rally when several shots were fired from an unknown direction. Trump clutched his ear as the shots rang out, dropping to the ground as US Secret Service agents rushed to protect him. Despite the chaos, Trump managed to raise his fist and shout towards the crowd while being escorted off the stage. 📈 Impact on Trump-Themed Memecoins 📈 The MAGA memecoin wasn’t the only one to benefit from the news. Several other Trump-themed memecoins experienced significant rallies: Tremp (TREMP): This Solana-based memecoin jumped more than 63% within the hour following the incident. MAGA Hat (MAGA): Another memecoin dubbed MAGA Hat spiked 21% in the same timeframe. These rallies highlight the speculative nature of memecoins and how external events, especially involving high-profile figures, can dramatically influence their market performance. Lesson: Don't snipe presidents, snipe quick market movements based off real-life events. Follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE for more! #maga a #trump #donaldtrump #trumpshooting #memecoins $btc $eth $BNB
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🚨 TRUMP'S VICTORY ODDS HIT ALL-TIME HIGH AFTER SHOOTING 🔫 Former U.S. President Donald Trump's chances of retaking the White House have skyrocketed to an all-time high on Polymarket, a crypto-based prediction market, after he was injured during a rally in Pennsylvania on Saturday. The incident has intensified his campaign's momentum, with traders now giving him a 70% chance of victory. 💥 Shooting Incident Details 💥 A Secret Service spokesman confirmed that Trump was "safe" following the shooting. The New York Times reported that a suspected gunman and a spectator were killed. Images of Trump, defiant with blood on his face, pumping his fist in the air, have been widely shared on social media, shifting the national conversation away from his opponent, President Joe Biden. 📊 Polymarket Betting Surge 📊 "Yes" shares in Polymarket's contract on Trump's victory climbed ten cents to 70 cents after the shooting, indicating a 70% probability of him winning in November. Each share pays out $1 if Trump wins, and zero if he doesn't. 📈 Trump-Themed Meme Tokens Rise 📈 Following the incident, Trump-themed "PoliFi" meme tokens saw significant gains. MAGA surged 34% to $8.38, and TREMP jumped 67% to $0.6471. Conversely, BODEN, a token named after Biden, dropped about 15% to $0.0333115. These tokens have become a "de facto betting market on the election". 🪙 New Meme Coins Emerge 🪙 The shooting inspired a wave of new meme coins on the Solana token creation site Pump.fun, including "Resurrection of Trump" (ROT) and "Hero Trump" (HERO). 📊 Polymarket Trading Volume Soars 📊 Polymarket, founded by Shayne Coplan, has seen record trading volumes in 2024 amid the U.S. election enthusiasm. The presidential winner contract has amassed $252 million in bets, setting a record for crypto-based prediction markets. Follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE for more updates! #trump #trumpshooting #donaldtrump #polymarket #bets $PEPE e $SHIB $FLOKI
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📉 WILL BITCOIN HIT $330K THIS CYCLE? 📈 Independent market analyst Arsen remains unfazed by the recent dip in Bitcoin’s price, predicting a monumental rebound to $330,000 in the current bull cycle. 🧠 Smart Money is Accumulating Bitcoin 🧠 Arsen argues that smart money — institutional investors, market experts, and other financial professionals — has accumulated Bitcoin during its recent correction cycle, indicating a long-term bullish bias for the top cryptocurrency. 🗣️ “That’s because this dip is nothing new,” the analyst noted, referring to Bitcoin’s previous bull cycles, which occur every four years and witness explosive price growth. For instance, Bitcoin’s first bull cycle in 2012 lasted 800 days and saw its price rise by a whopping 9,000%. The next cycles, in 2016 and 2020, lasted for around 800 days each, and BTC’s price surged by approximately 3,000% and 1,200%, respectively. 📊 BTC/USD Bull Cycles Illustrated. Source: Arsen 📊 “Notice how, in every consecutive cycle, the Bitcoin returns get smaller by about ~60%,” Arsen wrote, adding: 📝 “That would imply a 450% price increase this cycle, putting Bitcoin at ~$330,000 per coin.” 📝 The Bitcoin price prediction comes amidst a sharp correction, with BTC down around 23% from its all-time high of around $74,000, established just four months ago. 🔍 How Low Can Bitcoin Go Before Resuming Its Bull Run? Bitcoin’s ongoing correction is far from bottoming out, according to some analysts, but most remain convinced about a long-term bull scenario akin to Arsen’s $330,000 price target. Where do you think the price is headed? Drop a comment below and follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE for more! #bullorbear #btc #bitcoin #BinanceTurns7 #markettrends $BTC $BNB $ETH
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🚨 ELLIPTIC EXPOSES $11B SCAM NETWORK VIA HUIONE GUARANTEE 🚨 Elliptic's latest report reveals the Huione Guarantee marketplace, run by Cambodian conglomerate Huione Group, has facilitated over $11 billion in illicit transactions. These transactions predominantly involve money laundering and cyber scams across Southeast Asia, utilizing Tether ($USDT) for payments. 📊 Blockchain Transparency Tom Robinson, co-founder and chief scientist at Elliptic, highlighted the ability to quantify these transactions thanks to the blockchain's transparency. "This aspect, of course, also means that these crypto transactions can be tracked and blocked in a way that is not possible with other payments," he explained. 🛠 Services Offered by Huione Guarantee Operating mainly in Chinese, Huione Guarantee's marketplace involves thousands of instant messaging app channels managed by separate merchants. Services offered include: - Selling personal data - Money laundering - Software and web development for scam websites - Tools and equipment for imprisoning and torturing scam workers 💸 Tether Transactions While the platform uses various payment methods, Tether is predominantly used due to its trackability compared to traditional fiat flows. A Tether spokesperson emphasized the need for direct engagement with counterparties to freeze illicit activities, criticizing those who publicize findings without intervention. 🕵️ Elliptic’s Investigation Elliptic identified hundreds of crypto addresses linked to Huione Guarantee and its merchants. Robinson noted that businesses could use blockchain analytics to avoid transactions with these entities. "We have labeled several hundred addresses in our tools that are used by these entities, and our customers can screen transactions and wallets for links to them," he said. Crazy story, right? Reminds me of the times where the "darknet" was at it's peak! #scamalert #scam #alert #warning #safety $BTC $ETH $BNB
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