According to the commission, this wallet is an unregistered broker engaged in offering and selling securities.
💩 The SEC's attention was drawn to the collection of over $250 million in fees generated by ConsenSys' activities.
Earlier, ConsenSys had reported the SEC's investigation into Ethereum had been terminated, but here's the twist!
Important point:
💩 However, the SEC does not oppose Ethereum staking. They even promote it. But they advocate for people to do it themselves rather than through various providers.
There's no threat to Ethereum and its staking. But those promoting such services may face tough times.
In the second quarter of this year, the crypto industry suffered losses totaling $572.7 million due to hacker attacks and fraud.
💩 This is nearly as much as was stolen throughout all of 2023.
💩 The majority of thefts occurred on the Ethereum and BNB Chain networks.
💩 Why is the crypto industry vulnerable to hacker attacks and fraud?
It's all due to transaction anonymity, weak regulation, lack of investor education, and the potential for quick enrichment amidst the high volatility of the cryptocurrency market.
💩How to protect yourself?
Make sure to use reliable and verified platforms, master basic security principles like two-factor authentication, and exercise caution when investing.
Also, enhance your knowledge in this field to stay one step ahead of malicious actors!
if you're here and u have zero knowledge about crypto then the best way to acquire such knowledge is by engaging any post you see.
If an update is dropped there is always a video guide, write up guide or voice note guide etc. Someone with at least basic education level should be able to watch, read, listen to any guide and follow up with the update.
There is no better way of learning if you don't practice.
You need an open mind to acquire knowledge in any field at all.
If you're the type with a fixed mindset and u always see everything as hard or impossible to do then you're not doing ursef any good🙂
Ask questions whenever u are confused and see how you improve.
We all started from somewhere, no one was born with it🤝
Bitcoin is currently consolidating within a falling wedge pattern, a formation often regarded as a bullish signal if a breakout occurs. Presently, the price is rebounding from the support trendline of this wedge, indicating a potential upside movement.
However, the Ichimoku cloud, positioned above the wedge, is acting as a significant resistance, impeding upward momentum.
Conversely, if Bitcoin fails to hold above the support trendline and breaks down through it, the falling wedge pattern will be invalidated. This breakdown could lead to further bearish pressure, and traders might expect a decline in prices. #bitcoin☀️ #Crypto_Jobs🎯 #BTC☀ #TradingMadeEasy
✅ #BEER LONG 2x (10R) ✅ #JUP SHORT 19% (6.5R) ✅ #BEER LONG closed BE ✅ #PEPE SHORT 18% (9R) ✅ #BEER LONG 2x (10R) ✅ #PEPE LONG 16% (3R) ❌ #WIF SHORT 3% (1R) ❌ #TNSR LONG 4% (1R) ✅ #API3 SHORT 6.5% (2.5R) ✅ #BTC LONG 2% (2R) ✅ #CFX SHORT 2% (2R) ✅ #BEER SHORT 7% (1R) ✅ #JUP SHORT closed at 1% (1R)
271.5% (47R) in spot profit for the week 🏆
7% (2R) in loss for the week❌
Overall pretty good week and remember to always manage your risk❤️
THE MACD INDICATOR IS A INDICATOR THAT IS WIDELY USE BY TRADERS FOR TA. IT USESES THE MOVING AVERAGE TO DETERMINE THE MOVEMENT OF CRYPTOCURRENCIES. IT IS ONE OF THE MOST USEFUL AND EASY TO USE INDICATOR
NOTE: MACD LINE, SIGNAL LINE, HISTORIGRAM
WAYS TO TRADE WITH MACD
1 : IF THE TWO LINES ARE TOO CLOSE IT MEANS THE VOLATILITY OF THE COIN IS LOW, IF THE ARE FAR APART IT MEANS THE VOLATILITY IS HIGH
2: IF THE LINES ARE CROSSING IT MEANS THAT THE MOVEMENT OF COIN IS ABOUT TO CHANGE DIRECTION
3: IF THE MACD LINE IS ABOVE THE SIGNAL LINE THERE WILL BE A RISE IN PRICE, BUT IF THE MACD LINE IS BELOW THE SIGNAL LINE , there will be a drop in price
the video tutorial is on my YouTube guyssss stop losing money
$ADA TRADED IN A CLOSED RANGE Between $0.5817 and $0.6273 for a while , following which the market lost momentum, resulting in a price breakdown. The #cardano coin recorded a loss of 26.5% in valuation within the next few days #Write2Earn #TradeNTell #ada
The bitcoin network hit a new all-time high yesterday when looking at the number of bitcoin addresses on-chain that hold at least 0.01 bitcoin balance. This new all-time high came in at 9,245,770 bitcoin addresses that meet the criteria.
So why exactly is this a big deal?
Bitcoin price has been falling from approximately $69,000 to under $58,000 over the last week or so. This drop in price would normally signal a drop in transaction volume, active addresses, and various other metrics. But we have seen persistent demand from users of the bitcoin network to accumulate bitcoin in small or large quantities, regardless of price.
Many people assign these persistent, periodic buys to one of two factors — (a) new users coming on-chain or (b) continued dollar-cost averaging by small investors. Remember, we aren’t talking about very large dollar amounts here. The US dollar equivalent of 0.01 bitcoin currently sits at approximately $570. It doesn’t take many $20 or $50 daily, weekly, or monthly purchases to dollar-cost average into a 0.01 bitcoin balance.
Another important aspect of this new all-time high metric is that we are purely talking about on-chain bitcoin addresses, which does not include exchange accounts where the majority of bitcoin and cryptocurrency investors will go to buy, sell, or hold their assets. When you account for this detail, the 9 million number that may have previously seemed small compared to the global population, now seems a little bit more impressive.
But is there more to the story than simply the all-time high in bitcoin addresses with more than 0.01 bitcoin balance? Absolutely.
Take a look at the total transaction fees per day that people are paying to miners. This is the lowest it has been since around March or April of 2018.
The total can be misleading though, so let’s take a look at the mean of all transaction fees being paid to miners. That is also at a multi-year low.