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The CEO of Bitcoin Magazine stated that they are raising $100 million to fund a political campaign supporting candidates who are pro-cryptocurrency, and that they have already been working with Trump's campaign team for a month to develop a cryptocurrency policy program.

The CEO of Bitcoin Magazine stated that they are raising $100 million to fund a political campaign supporting candidates who are pro-cryptocurrency, and that they have already been working with Trump's campaign team for a month to develop a cryptocurrency policy program.

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Consultez les CG.
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🤓 Bloomberg has reiterated its forecast that an Ethereum ETF will not be approved this year. Bloomberg analyst Eric Balchunas repeated his prediction that the Securities and Exchange Commission (SEC) will reject applications for spot Ethereum ETFs on May 23. The regulator still lacks interaction with potential issuers. Moreover, ETH has acquired an ambiguous regulatory status, and the Ethereum Foundation is under investigation by the SEC. According to Balchunas, an Ethereum ETF might be launched in 2025.
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Promising projects set to have their initial listing next week.
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Whales bought PEPE for $5.56 million amid market downturn According to Spot On Chain, the whale with the address 0xa14 was particularly active, withdrawing 350.2 billion PEPE worth $2.93 million from Binance. 🇻🇨 Since March 14, they have made several transactions: first, transferring 1.449 trillion coins from the exchange at an average price of $0.000007496, then returning 789.26 billion PEPE to Binance. The investor now owns 660 billion tokens valued at $5.74 million. Despite the prevailing bearish sentiment in the market, PEPE has shown resilience and quickly recovered, rising almost 7% from Friday’s low. ↗️ Additionally, the meme coin has broken out of an inverse "head and shoulders" pattern, which is considered a bullish formation. Technical analysis suggests that the price of PEPE could potentially soar to $0.00001330.
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🔒 Hong Kong Businessman and Son Surrender to Police Over Kidnapping of Crypto Investor in $1.9 Million Dispute 🚨 Arrests Made in Cryptocurrency-Related Abduction Case A shocking turn of events in Hong Kong as a prominent businessman and his son voluntarily turn themselves in to authorities. The pair now face charges of false imprisonment and assault after an incident involving a cryptocurrency investor took a dark turn. ➡️ Investment Frustration Leads to Unfortunate Consequences What started as a promising venture turned sour for the businessman, who had invested a staggering HK$15 million in virtual currency. As tensions mounted over repayment difficulties, the situation escalated into an unthinkable act of abduction. 🔍 Investigations Uncover Family Connection While the surrendered suspects weren't directly involved in the kidnapping, it appears that the vehicle used belonged to their family. The police are working tirelessly to locate the four individuals directly responsible for this harrowing ordeal. 💰 Cryptocurrency Scams Surge in Hong Kong This alarming incident is just one example of a growing trend. Hong Kong has seen losses from crypto scams skyrocket to a staggering 1.7 billion HKD this year alone, marking a 106% increase from the previous year. With over 2,300 reported cases, it's clear that scammers are capitalizing on the anonymity of digital currencies. ⚡️ Challenges Faced by Law Enforcement The rise of cryptocurrency scams presents unique challenges for law enforcement agencies. The complexity and anonymity offered by these digital assets make it difficult to trace funds and bring perpetrators to justice. As scammers pose as experienced investors, unsuspecting victims find themselves falling prey to fraudulent schemes.
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🥇 All issuers of Bitcoin ETFs collectively hold 949,756 bitcoins, which accounts for 4.5% of the total BTC in circulation, according to data from HODL15Capital.
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