In a surprising revelation, Vitalik Buterin, the co-founder of Ethereum $ETH , has unveiled the truth behind the recent hack of his X account. It turns out, the culprit was a sneaky SIM-swap attack.

🕵️‍♂️ What's a SIM-swap attack, you ask? Well, it's when someone tricks your phone company into giving them control of your phone number. And when they have your number, they can mess with your accounts.

But don't worry, Vitalik isn't just sitting around feeling sorry for himself. He's taken action and regained control of his T-Mobile account, putting an end to this digital cat-and-mouse game.

This incident is a reminder that even the smartest minds in the crypto world aren't immune to cyberattacks. It's essential for all of us to stay vigilant and take steps to protect our digital lives.

So, let's applaud Vitalik for his swift response and use this as a lesson to beef up our own online security! 💪🔐

#crypto2023 #Binance #BinanceTournament #cryptocurrency #coinrocco

$BTC $ETH

In a surprising turn of events, Bitcoin (BTC), the world's leading cryptocurrency, has experienced a rapid surge in value, catapulting past the $26,000 price level in the early hours of the day, as per data from coin Rocco. This sudden price spike has triggered a resurgence in the entire cryptocurrency market, propelling the total market capitalization to an impressive $1.05 trillion, as Coin Rocco reported.

$BTC

Bitcoin's Remarkable Rally

Bitcoin's upward trajectory has been remarkable, especially in recent hours. Its ability to breach the $26,000 price threshold has reignited enthusiasm among crypto enthusiasts. This surge in BTC's price has boosted investor confidence and created a ripple effect throughout the cryptocurrency space.

BTC chart

Additionally, the crypto market has witnessed approximately $55 million worth of short and long positions being liquidated over the past 24 hours, according to Coinglass data. This substantial liquidation indicates heightened trading activity and adds to the excitement surrounding the crypto market's resurgence.

JP Morgan's Blockchain Move

In a significant development, banking giant JP Morgan Chase has thrown its hat into the blockchain ring. Recent evening news from Bloomberg revealed that JP Morgan Chase is actively exploring the creation of a blockchain-based token designed to expedite cross-border payments. This strategic move underscores the growing recognition of blockchain technology's potential to revolutionize traditional financial systems.

Analyst's Insights

Crypto analyst Michael Van de Poppe has provided valuable insights into the current state of the cryptocurrency market, particularly Bitcoin. He has pinpointed the critical support zone at the $25,500 level, highlighting its importance in preventing further losses for BTC. Should Bitcoin's price dip below this level, it could trigger a more significant downturn.

However, Van de Poppe also offered a glimmer of optimism by discussing potential bullish scenarios. He believes that if Bitcoin maintains its critical levels throughout September, it could pave the way for a new upward trend in the crypto market in the coming months.

This exciting turn of events in the cryptocurrency world showcases digital assets' resilience and dynamism, leaving investors and enthusiasts eager to see what the future holds for Bitcoin and the broader crypto market.

NFA (Not Financial Advice): All cryptocurrency investments carry inherent risks. Always research and consider consulting a financial advisor before making investment decisions. Always do your research before investing in any coin.

#crypto2023 #bitcoin #BTC #Binance #coinrocco

$BTC

Dogecoin $DOGE – the digital sensation that started as a joke but soared to unexpected heights in cryptocurrencies. As the lovable Shiba Inu graced memes across the internet, it also became a driving force in reshaping the crypto landscape. But have you ever wondered, beyond the memes and tweets, who owns Dogecoin? 😱

Doge Coin

🔥In the world of cryptocurrencies, transparency often reigns supreme. Blockchain technology, the backbone of most cryptocurrencies, including Dogecoin $doge , thrives on its decentralized nature, meaning no single entity fully controls it. This is where Dogecoin stands true to its origins – a coin born from the depths of internet humor and the spirit of community.

Dogecoin and its Ownership Landscape

Unlike traditional financial systems with clear ownership hierarchies, Dogecoin boasts a unique setup. Anyone can own Dogecoin by participating in the decentralized network through mining or purchasing it from various exchanges. Its casual and friendly approach made it accessible to individuals whom the complexities of other cryptocurrencies might have put off.

Elon Musk, the enigmatic CEO of Tesla and SpaceX, often tweets about Dogecoin, contributing to its popularity and wild price fluctuations. But it’s important to note that even his impactful tweets don’t equate to ownership. Dogecoin is spread across countless wallets, with its holders ranging from enthusiastic retail investors to tech-savvy millennials.

A Decentralized Ownership Tale

Picture this: Dogecoin’s ownership is akin to a virtual community potluck. Like at a potluck dinner, everyone brings a dish to share; in the world of Dogecoin, everyone contributes their computing power and resources to keep the network running smoothly. These contributions are rewarded with Dogecoin, and these rewards form the ownership.

The decentralized ownership model echoes the democratic ethos of the internet – no single individual or institution holds the keys. This democratization has not only brought financial accessibility but also a sense of inclusivity and belonging to the Dogecoin community.

Doge Millionaires Next Door

While Dogecoin ownership is widely distributed, there are tales of everyday individuals becoming Doge millionaires – often through early investments when the coin was valued at a fraction of a cent. These “Dogeillionaires” may not flaunt their wealth like traditional millionaires, but their stories underscore the potential of cryptocurrencies to alter fortunes and rewrite narratives.

From Internet Culture to Financial Frontier

What began as an internet meme eventually translated into a significant player in the cryptocurrency world. Dogecoin’s journey is a testament to the power of internet culture to shape real-world events. This phenomenon exemplifies how the lines between online humor, community spirit, and financial innovation can blur in the digital age.

In conclusion, Dogecoin’s ownership is a fascinating and heartwarming saga of inclusivity, community, and decentralized power. In a world often dominated by financial giants, it’s a reminder that even a meme-inspired cryptocurrency can hold a special place in the hearts and wallets of people worldwide.

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Doge Coin

In the world of meme coins, Dogecoin $DOGE , famously endorsed by Elon Musk, is facing short-term bearish pressure, reflecting the broader sentiment in the crypto market. As of Tuesday's early, New York session, Dogecoin was hovering around $0.063. This suggests it's in the final stages of a macro consolidation phase before an expected bullish breakout.

However, DOGE may dip further in the coming weeks, strategically positioning itself for a potential surge. According to renowned digital asset analyst Crypto Tony, who has a substantial following of over 335k platform enthusiasts, Dogecoin's price trajectory remains to be determined.

This uncertainty can be traced back to last month's descent from a significant macro-falling logarithmic trendline. Crypto Tony suggests that for Dogecoin to regain its bullish momentum, it might need to experience a further dip, especially after being rejected three times from the upper resistance boundary. He anticipates that DOGE's price could drop to as low as $0.040.

This strategic move aims to create a foundation for a rebound that can push it beyond the overarching macro resistance zone. Many investors share this perspective, expecting DOGE to continue its descent until it identifies a stronger support level.

Taking a broader view, #Dogecoin faces stiff competition from other meme coins, including Shiba Inu (SHIB). Notably, SHIB recently introduced its layer two (L2) scaling solution, Shibarium, intensifying the rivalry in the meme coin arena.

Dogecoin's fate seems closely tied to Elon Musk's Twitter announcements. However, analysts argue more than this alone might be needed to fend off the competition from other meme coins. Nevertheless, it's worth highlighting that Dogecoin has seen significant on-chain developments compared to the pre-2021 crypto bull market.

Remember that investing in cryptocurrencies carries extreme risks, and making informed, intelligent decisions based on your financial situation and objectives is essential. Consult with a financial advisor if needed, and only invest what you can afford to lose.

#Dogecoin #cryptocurrency #Investment #coinrocco

$DOGE

As per Data from Coin Rocco, the current Solana $sol price is $19.65, with a 24-hour trading volume of $618,897,839. Solana (SOL) has shown a modest 0.92% increase in the last 24 hours. Its current position on Coin Rocco is #9, boasting a live market capitalization of $9,473,881,101. With a circulating supply of 418,890,490 SOL coins, the maximum supply remains undisclosed. 📈💹

Coin Rocco's Solana Chart

Solana's Bearish Phase: Analysis and Outlook 🐻📉

Solana's price analysis indicates that the digital asset is in a bearish phase. Despite attempts, it has struggled to breach the $20 mark and is currently hovering around $19.22. This support level is holding for now, but there's a possibility of further decline, with the next level of support at approximately $18.55. The market currently favors the bears, suggesting a potential downturn. 📉

Interestingly, despite the bearish sentiment, the 24-hour trading volume has remained relatively stable, indicating sustained interest from traders. However, the market cap is $8.02 billion, reflecting the ongoing selling pressure. 💼💰

In-Depth Solana Price Analysis 📊🔍

1-day Chart Analysis: The 1-day Solana price analysis confirms a downtrend over the last 24 hours. The immediate resistance level sits at $19.89, which SOL has struggled to breach. Should it manage to surpass this level, a bullish surge may follow. The Relative Strength Index (RSI) currently stands at 41.64, suggesting potential further downward movement before reaching oversold levels. Bollinger band indicators align with a bearish trend, notably the downward upper band. The 20-day and 50-day Exponential Moving Averages (EMA) are also in decline, reinforcing bearish market sentiment. 📈📉

4-hour Price Chart Analysis: On the 4-hour Solana price chart, SOL/USD is presently trading around $19.65. The bearish trend observed over the last few days will persist in the short term. Immediate support is $19.22, while resistance is $19.89. The descending trendline and increasing red bars on the candlesticks affirm the prevailing bearish sentiment. Bollinger bands indicate upper and lower boundaries at $20.33 and $19.06, respectively. The RSI at 46.87 suggests neither oversold nor overbought conditions. The 20-day EMA and 50-day EMA are both in decline, further supporting the bearish outlook. 📉🕒

Solana Price Predictions 2023-2032 🚀💰

2023: Solana's price projection for the year anticipates a maximum price of $30.78 by year-end. It's expected to reach a maximum high of $30.78 during this period. 💼📅

2024: In 2024, Solana is predicted to have an average price of $38.89, with a potential trading range of $37.79 to $45.67. 📆📈

2025: 2025 forecasts suggest a minimum price of $54.00, a maximum of $66.56, and an average trading value of $55.94. 📊📈

2026: For 2026, Solana's minimum price is estimated at $81.45, with a maximum of $93.51 and an average trading price of $83.69. 🗓️💹

2027: Predictions for 2027 indicate a minimum level of $116.22, a maximum of $140.08, and an average price of $120.41. 📈💼

2028: In 2028, SOL's minimum and maximum prices are projected at approximately $157.02 and $201.58, with an average cost of $157.05. 📊📉

2029: 2029 predictions suggest a minimum value of $222.58, a maximum of $276.97, and an average trading price of $230.68. 📈💰

2030: By 2030, Solana is expected to have a minimum price of $320.36, a maximum of $382.50, and an average value of $331.89. 🚀📆

2031: In 2031, SOL's prices are expected to range between $450.56 and $547.50, averaging at $463.84. 💼📊

2032: 2032 may see Solana with a minimum price of $657.26, a maximum of $767.28, and an average forecasted price of $680.46. 📆📉

Disclaimer: Cryptocurrency investments carry inherent risks, and this information does not constitute financial advice. Always conduct thorough research and seek professional guidance before making investment decisions. 🚨🤝

NFA (Not Financial Advice) 🚫💰

#solana #crypto2023 #cryptocurrency #bitcoin #coinrocco

Ripple, the company behind $XRP, is scheduled to release another 1 billion XRP tokens on July 1st. This is a regular event for Ripple, but it can drive down the price of XRP because it increases the number of tokens available for purchase.
Ripple has been doing this since 2017, releasing 1 billion XRP every month on the first day. They use specific accounts to manage these releases.
In July, 500 million XRP will come from two accounts and another 500 million from a different account.
This July release is part of a larger trend. In June, Ripple not only released the usual 1 billion XRP, but they also added an extra 200 million, making it their biggest sell-off ever. They then sold most of these extra tokens throughout the month.
Historically, these Ripple sell-offs tend to hurt the price of XRP. In fact, so far in 2024, only a few days after a sell-off did the price actually go up. With XRP already having a rough year, this July release could put further downward pressure on the price.
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#coinrocco #CryptoNewsCommunity #Megadrop #BTC☀

Blockchain technology is a revolutionary system that underpins cryptocurrencies like Bitcoin and Ethereum. At its core, a blockchain is a decentralized digital ledger that records transactions across multiple computers, ensuring transparency and security.

How Does Blockchain Work?
Decentralization: Unlike traditional centralized databases, a blockchain operates on a network of computers (nodes), each holding a copy of the entire ledger. This decentralization ensures no single entity has control, reducing the risk of fraud.

Blocks: Transactions are grouped into blocks, each containing a list of transactions, a timestamp, and a cryptographic hash of the previous block. This hash links the blocks together, forming a chain.

Consensus Mechanisms:
To add a new block to the chain, network participants must agree on its validity. This consensus is typically achieved through mechanisms like Proof of Work (PoW) or Proof of Stake (PoS), ensuring the integrity of the blockchain.

Immutability:
Once a block is added, it cannot be altered without changing all subsequent blocks, making the blockchain highly secure and tamper-resistant.

Key Features of Blockchain
Transparency: All transactions are visible to network participants, enhancing trust and accountability.
Security: Cryptographic techniques protect data, ensuring only authorized actions can be performed.
Efficiency: Automated processes reduce the need for intermediaries, speeding up transactions and lowering costs.

How Blockchain Powers Cryptocurrencies
Cryptocurrencies utilize blockchain technology to operate without a central authority. Each transaction is recorded on the blockchain, providing a transparent and secure way to transfer digital assets. The decentralized nature of blockchain ensures that no single entity controls the currency, aligning with the principles of financial freedom and inclusivity.

Applications Beyond Cryptocurrencies
Blockchain’s potential extends beyond digital currencies. It’s being explored in various industries, including:

Supply Chain Management: Ensuring transparency and traceability of goods.
Healthcare: Securing patient records and enhancing data sharing.
Finance: Streamlining cross-border payments and reducing fraud.
Real Estate: Simplifying property transactions and ownership verification.
Blockchain technology is a transformative innovation with the power to disrupt traditional systems. By understanding its basics and how it fuels cryptocurrencies, we can better appreciate its potential to revolutionize various sectors.

For more insights on blockchain and cryptocurrency, follow us at Coin Rocco and stay updated with the latest in crypto education.
#Blockchain #CryptoEducation💡🚀 #coinrocco #BTC☀ #Ethereum_ETFs_Expected_Date

$BTC

Bitcoin's price dropped below $55,000 for the first time since February due to Mt Gox's distribution of billions in owed funds. The exchange collapsed in 2014 and has begun repaying creditors around $7.8 billion in Bitcoin, Bitcoin Cash, and fiat currency.

Image Source: www.coinrocco.com
The reimbursements will distribute 142,000 bitcoins, 143,000 bitcoin cash, and 69 billion Japanese yen owed to approximately 127,000 creditors. Repayments will begin in July 2024.
This announcement has increased selling pressure, causing Bitcoin to fall over 6% to around $54,000 and the broader crypto market to lose over $170 billion in 24 hours. On Thursday, Mt Gox transferred 47,000 Bitcoin worth $2.7 billion, raising concerns about potential sales by creditors.
Despite the payouts being a significant step in resolving Mt Gox's insolvency, the influx of coins might disrupt market supply and demand. Analysts expect significant market volatility with the Mt Gox distributions and upcoming German government Bitcoin sales.
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$BTC

In the dynamic world of cryptocurrency trading, the ability to generate consistent daily profits can be a game-changer for both seasoned investors and newcomers alike. Image Source: www.coinrocco.com
Binance, one of the leading cryptocurrency exchanges, offers a diverse range of opportunities for individuals looking to earn $100 or more on a daily basis. In this article, we'll explore a step-by-step guide to help you unlock the potential of Binance and start your journey towards daily crypto profits.

1. Understand the Binance Ecosystem:
Begin by familiarizing yourself with the Binance platform, its features, and the various trading options available. Explore the different cryptocurrency pairs, spot trading, futures trading, and any other specialized products or services offered by Binance. This foundational knowledge will be crucial in developing your trading strategy.

2. Develop a Comprehensive Trading Strategy:
Crafting a well-thought-out trading strategy is essential for consistent daily profits. This may involve studying technical analysis, identifying market trends, and implementing risk management techniques like stop-loss orders and position sizing. Backtest your strategies using historical data to validate their efficacy before deploying them in live trading.

3. Leverage Binance's Trading Tools and Features:
Binance offers a suite of advanced trading tools and features that can help amplify your earning potential. Familiarize yourself with the platform's order types, charting tools, market analysis resources, and any automation or algorithmic trading capabilities. Utilize these features to execute your trading strategy with greater efficiency and precision.

4. Diversify Your Income Streams:
While active trading can be a lucrative path to earning $100 daily on Binance, it's essential to diversify your income streams. Explore other earning opportunities within the Binance ecosystem, such as staking, lending, or participating in the platform's launchpad and other investment offerings. By diversifying your income sources, you can reduce your overall risk and create a more stable and sustainable revenue stream.

5. Optimize Your Account and Leverage Bonuses:
Ensure that your Binance account is fully optimized to unlock additional earning potential. This may include activating two-factor authentication, setting up referral programs, and taking advantage of any promotional bonuses or trading fee discounts offered by the platform.

6. Maintain a Disciplined Approach:
Consistent daily profits on Binance require unwavering discipline and emotional control. Adhere to your trading plan, resist the temptation of impulsive decisions, and continuously monitor and adjust your strategies as the market evolves. Manage your risk prudently, and never invest more than you can afford to lose.

7. Stay Informed and Adapt to Market Changes:
The cryptocurrency market is known for its volatility and rapid changes. Stay informed about the latest news, regulatory updates, and emerging trends that may impact your trading activities. Be prepared to adapt your strategies and pivot your approach as necessary to maintain your earning potential.
Earning $100 daily on Binance is an achievable goal for those willing to put in the time, effort, and dedication required. By understanding the Binance ecosystem, developing a comprehensive trading strategy, leveraging the platform's tools and features, diversifying your income streams, and maintaining a disciplined approach, you can unlock the path to consistent daily profits in the world of cryptocurrency trading. Remember, success in this endeavor requires patience, resilience, and a continuous commitment to learning and growth.
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$BTC $ETH $BNB

WazirX, a major Indian cryptocurrency exchange, has suffered a significant hack. The exchange confirmed a security breach after hackers stole over $234 million worth of cryptocurrencies.

Image Source: CoinRocco.com
The stolen funds were transferred to a new wallet address in a series of suspicious transactions. Each transaction’s caller is funded by Tornado Cash.
The wallet "0x04b2" has already sold $7.6 million worth of PEPE and exchanged GALA and USDT for $ETH .
The stolen cryptocurrencies included a variety of digital assets, with Shiba Inu being the most substantial loss with over $100 million taken out. This was followed by $52 million in Ether (ETH), $11 million in Matic (MATIC), and $6 million in Pepe (PEPE).

The hacker has already started dumping these assets. WazirX has temporarily suspended withdrawals to prevent further losses while they investigate the incident.

This hack comes at a challenging time for the Indian crypto industry, which is facing increased regulatory scrutiny and declining trading volumes.

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$BTC