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Professor Mende - Founder of BONUZ Project - in Dubai UAE
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💥💥WARNING 💥WALL STREET CHEAT SHEET !!!! Where are we right now?

💥💥WARNING 💥WALL STREET CHEAT SHEET !!!!

Where are we right now?

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🚨📊 60% OF US CRYPTO INVESTORS DON’T UNDERSTAND BLOCKCHAIN 📊🚨 A recent survey by Preply reveals that a significant 60% of U.S. cryptocurrency investors do not understand blockchain technology. This study highlights the knowledge gap among different generations, with notable interest in learning more about cryptocurrency and blockchain. According to Preply’s findings, approximately 40% of surveyed Gen Z crypto investors in the U.S. lacked confidence in their cryptocurrency knowledge. This lack of confidence was even higher among millennials (35%) and Gen X (32%). The study also revealed that 60% of U.S. crypto investors “don’t know what blockchain is.” Knowledge Gap: Gen Z: 40% lack confidence in crypto knowledge Millennials: 35% lack confidence Gen X: 32% lack confidence 📈 Interest in Learning: Despite the knowledge gap, the study showed a strong interest in learning about cryptocurrency and blockchain: Overall Interest: 27% of those who have never invested in crypto expressed interest in taking classes to learn more. By Gender: 54% of surveyed men and 53% of women showed interest in learning more. 📈 Generational Interest: Gen X: 57% want to learn more Gen Z: 41% express interest in learning about crypto but have the lowest willingness to learn. 🎨 Baby Boomers Show Least Interest in NFTs: The study also discovered varying interest levels in digital assets other than crypto across generations: NFT Investment: Millennials: 12% have invested in NFTs Baby Boomers: Only 4% have invested Commenting on the findings related to crypto investors’ interest in NFTs and the metaverse, the survey report stated: Confidence in NFTs and Metaverse: Only 42% of respondents felt confident in their understanding of NFTs and the metaverse. Investment Excitement: 11% were excited about investing in NFTs, while 32% were curious about joining the metaverse. I think this only shows that we're still early in the web3 space and many more opportunities will emerge. What are your thoughts on this?
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🚨⚖️ SEC DEMANDS $102.6 MILLION FROM RIPPLE IN XRP CASE ⚖️🚨 The U.S. Securities and Exchange Commission (SEC) is now pursuing a $102.6 million penalty from Ripple, significantly reduced from the nearly $2 billion initially sought. 🔍 The SEC has responded to Ripple Labs’ request for a lower penalty in the ongoing XRP case. Ripple suggested a penalty of no more than $10 million, referencing the Terraform Labs settlement. Initially, the SEC sought nearly $2 billion in a final judgment against Ripple. SEC's Clarification: In a letter to District Judge Analisa Torres on June 14, the SEC explained that comparing the penalty to the Terraform Labs settlement is inappropriate as Terraform Labs is bankrupt and has agreed to significant measures, including burning “the keys to all of its crypto asset securities,” returning funds to investors, and removing board members involved in the violations. The SEC says that Ripple has not agreed to any similar measures. 📉 SEC’s Position on Penalty Amount: Ripple’s Conduct: The SEC argued that Ripple’s continued conduct and failure to acknowledge violations justify a higher penalty. The regulator noted that “resolutions where cash-strapped defendants agree to return funds to victims quickly and voluntarily cease their violative conduct are unhelpful” in deciding penalties for a wealthy defendant like Ripple. Comparison to Terraform: Ripple compared the size of the Terraform penalty to its gross sales, but the SEC stressed this is not an accurate comparison. The SEC highlighted that the penalty should be compared to the gross profit of the violative conduct. For Terraform, the ratio was 11.7% ($420 million/$3.587 billion). Calculation for Ripple: Applying the 11.7% ratio to Ripple’s $876.3 million in gross profits results in a $102.6 million penalty. The SEC concluded that a $10 million penalty “would not satisfy the purposes of the civil penalty statutes.” Stay updated with @Professor Mende - Founder of BONUZ Project - in Dubai UAE #Ripple #SEC #XRP $XRP $BTC $ETH
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🚀 $1.96B IN BITCOIN SECURED IN HONG KONG SPOT ETFS 💼🚀 Since the launch of spot bitcoin and ethereum exchange-traded funds (ETFs) in Hong Kong on April 30, they have accumulated significant assets: $1.96 billion in bitcoin and $26.74 million in ethereum. 📈 Hong Kong’s Spot Bitcoin and Ether ETFs See Modest Growth: For the past 44 days, these ETFs, provided by AMC China, Bosera & Hashkey, and Harvest, have been the sole options available in the region. AMC China leads the pack with assets under management (AUM) of $1.07 billion in bitcoin and $18.17 million in ethereum. Current Holdings: Bitcoin: Approximately 2,900 BTC, valued at around $1.96 billion. Ethereum: Around 7,640 ETH, totaling $26.74 million. 🔍 Comparative Analysis: Bitcoin ETFs: Hong Kong’s ETFs hold about 3.26% of the $60.01 billion in BTC managed by U.S. spot ETFs. The U.S. is still awaiting the approval of several spot ether ETFs, while Hong Kong’s are already trading. Ethereum ETFs: Despite Hong Kong's earlier adoption, the asset size is modest compared to the vast potential in the U.S. market. 🌏 Market Dynamics: Despite expectations of a significant influx of mainland Chinese investors into Hong Kong’s spot bitcoin and ether ETFs, the reality has been more subdued. While these funds have garnered substantial assets, their scale is modest compared to their U.S. counterparts. 💭 Conclusion: The growth of Hong Kong’s spot bitcoin and ether ETFs reflects a cautious yet promising start. As these ETFs continue to develop, their success may pave the way for further expansion and increased investor participation in the region. 👇 What do you think about the growth of Hong Kong’s spot ETFs? Like, share, comment, and follow for more updates!👇 #HongKongETFs #Bitcoin #Ethereum  #Megagrop $BTC $ETH $BNB
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🚀🔮 ANALYSTS PREDICT 1$ MILLION BITCOIN PRICE BY 2033 🔮🚀 Global asset management firm Alliance Bernstein’s analysts predict that the price of bitcoin could soar to $200,000 by 2025, $500,000 by 2029, and an astounding $1 million by 2033. “We believe bitcoin is in a new bull cycle,” they said. 📈 Bullish Bitcoin Price Prediction: Bernstein analysts Gautam Chhugani and Mahika Sapra shared their bitcoin price prediction on Friday while initiating coverage of the bitcoin-focused software intelligence firm Microstrategy (Nasdaq: MSTR). They believe BTC could reach $1 million by 2033 and forecast a cycle high of $200,000 by 2025, up from their previous estimate of $150,000. Revised Forecasts: 2025: $200,000 (previously $150,000) 2029: $500,000 2033: $1 million 🔍 Key Factors Driving the Prediction: The analysts largely attribute their bullish price forecast to the strong demand from spot bitcoin exchange-traded funds (ETFs). Spot Bitcoin ETFs: Impact: US-regulated ETFs are seen as a watershed moment for crypto, bringing in structural demand from traditional pools of capital. Projections: By 2025, bitcoin ETFs are estimated to hold about 7% of the BTC in circulation, increasing to 15% by 2033. ⚒ The Bitcoin Halving Effect: The Bernstein analysts explained that the Bitcoin halving creates a unique scenario where the natural sell-pressure from bitcoin miners is reduced by half, or even more as they hold onto more bitcoin in anticipation of higher prices. Simultaneously, new catalysts for bitcoin demand emerge, leading to exponential price increases. 🌟 New Bull Cycle: Reduced Miner Sell-Pressure: Miners hold onto more BTC in anticipation of price increases, reducing sell-pressure. Emerging Demand Catalysts: New factors driving bitcoin demand appear, leading to significant price growth. Analysts' View: "We believe bitcoin is in a new bull cycle." #bitcoin #btc #bitcoinpricealert #BinanceTournament $BTC $ETH $PEPE
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