Crypto Fraud Schemes Cost Americans $5.6 Billion in 2023
According to the FBI, Americans lost over $5.6 billion to cryptocurrency fraud schemes in 2023, marking a 45 percent increase from the previous year. The FBI's report highlights that nearly 70,000 complaints were received from victims involved in scams related to bitcoin, ether, and other cryptocurrencies. Investment fraud emerged as the most prevalent scheme, responsible for $3.96 billion of the total losses. Scammers exploit the decentralized nature of cryptocurrency, its irreversible transact
Ethereum’s Resilient Bounce: Why BlackRock’s Moves Could Signal a Major Bull Run
In a dramatic twist for the cryptocurrency world, Ethereum (ETH) is showing signs of a strong rebound, holding above the $2,100 mark and gaining nearly 4% in the past 24 hours. This resurgence comes amid a broader market shake-up and increasing speculation about institutional investments, particularly from heavyweight BlackRock.
Ethereum’s Current Position and Market Sentiment As of September 10, Ethereum is witnessing a notable uplift despite an overarching downtrend that has dominated recent
Shiba Inu Price Prediction: Analyst Forecasts 10X Surge, But Can It Reach $0.01?
Crypto analyst Zach Humphries has shared a new price prediction for Shiba Inu (SHIB), suggesting a potential 10x increase from its current value. Humphries forecasts that Shiba Inu could rise to $0.00014. However, he cautions that the meme coin's ability to achieve the explosive gains seen during the 2021 bull run is unlikely due to its now substantial market cap.
Humphries explains that Shiba Inu's position among the top 15 cryptocurrencies by market cap limits its growth potential. Therefore, reaching $0.001 or $1, which would offer 100x returns, appears implausible at this stage.
In light of this, investors seeking higher returns are turning towards ETFSwap (ETFS), a new entrant in the crypto market. ETFSwap aims to provide significant returns, with predictions of a potential 10,000% price surge. The platform is designed to bridge traditional finance with decentralized finance by offering tokenized ETFs and other commodities.
The ETFSwap token (ETFS) plays a central role in the platform, facilitating transactions and investments in various assets. The ongoing presale of ETFS is generating substantial interest due to its potential for high returns and additional benefits such as staking rewards and trading opportunities.
Please note that this article does not constitute financial advice. Always conduct your own research and consult with a financial advisor before making any investment decisions.
the market is down! I will tell you what to do, buy crypto yes buy eth or bitcoin, it has been proven that it will go back up, maybe now now maybe later but if you have mony to invest I would say that buying now is a golden opportunity!
#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!
if you want safe longterm investment check the below charts.
I know you are thinking those are the most default coins, but that's the point what's safer investment than the first crypto #Bitcoin or the coin of the mot famous crypto trading platform #Bnb I would recommended those 3 crypto.
follow for future articles, I will be doing predictions as well but only for Spot traders I don't do futures.