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🪙 Crypto and Blockchain News (December 7, 2023): 1️⃣ Sotheby's: The digital art division of the renowned auction house Sotheby's has announced the commencement of its first online auction on the #bitcoin network. The organization has showcased a collection of non-fungible tokens (NFTs) titled BitcoinShrooms, the first collection based on the Ordinals protocol. The event will run until December 13. 🎨 Evolution of the cryptocurrency world in art. 2️⃣ Worldcoin: Sam Altman's company, Worldcoin, has declared the launch of a grant program for the community, allocating initial funding of 2 million #wld (~$4.8 million at the time of writing). 💰 3️⃣ Google: #google has updated its advertising policy, allowing the promotion of U.S.-focused cryptocurrency ETFs and other investment exchange products starting January 29, 2024. 📈 4️⃣ Safe: The team behind the cryptocurrency wallet Safe (formerly Gnosis Safe) has announced a collaboration with Sygnum bank and the British provider Coincover to create a service for cryptocurrency recovery. The service is named "Safe RecoveryHub." 🔐 5️⃣ Reuters: Negotiations between the #sec and asset managers who have applied for the launch of a spot Bitcoin #etf have progressed to the stage of discussing technical details. According to sources from the news agency, such matters are already being finalized before product approval. 📊 💡 Which of these pieces of news caught your attention the most?

🪙 Crypto and Blockchain News (December 7, 2023):

1️⃣ Sotheby's: The digital art division of the renowned auction house Sotheby's has announced the commencement of its first online auction on the #bitcoin network. The organization has showcased a collection of non-fungible tokens (NFTs) titled BitcoinShrooms, the first collection based on the Ordinals protocol. The event will run until December 13. 🎨 Evolution of the cryptocurrency world in art.

2️⃣ Worldcoin: Sam Altman's company, Worldcoin, has declared the launch of a grant program for the community, allocating initial funding of 2 million #wld (~$4.8 million at the time of writing). 💰

3️⃣ Google: #google has updated its advertising policy, allowing the promotion of U.S.-focused cryptocurrency ETFs and other investment exchange products starting January 29, 2024. 📈

4️⃣ Safe: The team behind the cryptocurrency wallet Safe (formerly Gnosis Safe) has announced a collaboration with Sygnum bank and the British provider Coincover to create a service for cryptocurrency recovery. The service is named "Safe RecoveryHub." 🔐

5️⃣ Reuters: Negotiations between the #sec and asset managers who have applied for the launch of a spot Bitcoin #etf have progressed to the stage of discussing technical details. According to sources from the news agency, such matters are already being finalized before product approval. 📊

💡 Which of these pieces of news caught your attention the most?

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📈 Prediction (BTC and SOL): 💪 BTC/USDT - Although the past week hasn't been the most successful for Bitcoin, various metrics still point towards a long-term bullish forecast for the leading cryptocurrency. Currently, the Reserve Risk indicator is in the green zone and attempting to break out of it, indicating that long-term holders will be accumulating BTC, signaling an impending recovery. Forecast: In the coming days, the price of Bitcoin is likely to demonstrate growth to $70,000 and beyond. The nearest significant resistance lies at $71,370. The asset has repeatedly attempted to break through this barrier since mid-March, but this time, the surge in bullish sentiment will help it develop sufficient strength. However, #BTC will first need to deal with the less significant resistance at $68,250. If the breakout attempt fails, the price of the primary cryptocurrency will fall again to $65,300. Losing this level will invalidate the bullish thesis and lead to a test of the $61,730 level. 😁 SOL/USDT - The growing interest in #Solana as the preferred blockchain for launching new meme coins and trading them has a dual effect. A notable increase in network activity has led to a surge in unsuccessful transactions, worrying both users and developers. After peaking at 8.5 million transactions on DEX on March 30, the figure dropped to 5.6 million, indicating possible technical difficulties and growing trader disillusionment. Forecast: Recent technical models, including the death cross, combined with the declining number of transactions and a strong ADX indicator, paint a bearish picture for Solana. If the trend persists, the price of #SOL may test the support level at $167 and drop to $137. However, if developers can effectively address technical issues, the scenario may change for the better. In that case, the asset potentially will test the next resistance at $205 or even $210. 👍Please share this review with others.
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🔐 Cyber News (Apr 8, 2024): 1️⃣ TRM Labs: In 2023, almost half of all illicit cryptocurrency transactions were associated with the #Tron network. Meanwhile, the USDT stablecoin by Tether led in terms of the volume of criminal activity. 🚫 2️⃣ Bangkok Post: Thai police arrested a 36-year-old Russian citizen, Ibrahim Gaytukiev, for illegally providing cryptocurrency exchange services. According to reports, he was tracked down through online advertisements. The phone numbers mentioned in the ads, linked to WA accounts, were found to be associated with Gaytukiev's and his partner Maxim Variukhin's bank accounts. Law enforcement determined that the Russian citizens were operating the OM 118 Co company on Pangang Island. They used a beach house as their office, which also housed the Plantasia Cannabis Collective shop. 🕵️‍♂️ 3️⃣ KrebsonSecurity: Operators of phishing websites mimicking the self-destructing message service privnote(.)com inadvertently revealed the scale of their cybercriminal activity involving cryptocurrency wallet substitution. 🎣 4️⃣ Snapcraft: Snap Store, an application store for the #Ubuntu operating system, has been suffering from hackers uploading fake cryptocurrency wallets onto its platform for several months. One user who downloaded a counterfeit Exodus Wallet lost 9 BTC in February. Following a series of complaints, the Snap Store owner, Canonical, announced intentions to manually review uploaded applications and create a separate policy for publishing crypto wallets on the platform. 💼 5️⃣ SEC: On April 5, 2024, a New York court found Terraform Labs and its co-founder, Do Kwon, guilty of fraud and the collapse of the #Terra ecosystem amounting to $40 billion. ⚖️ 📈✨ If you enjoyed this post, don't forget to subscribe to our channel for more interesting news from the world of cryptocurrency!
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