crptonews
60,631 views
54 Posts
Hot
Latest
Cryptocurrencies: Which Follow Bitcoin’s Trend and Which Don’t – and Why
1. Introduction
Brief overview of Bitcoin as the first and most influential cryptocurrency.
Explain why Bitcoin's trends impact the entire crypto market.
2. Cryptocurrencies Directly Proportional to Bitcoin
Ethereum (ETH): As the second-largest cryptocurrency, Ethereum often mirrors Bitcoin’s trend due to institutional investment and public interest.
Litecoin (LTC): Known as “silver to Bitcoin’s gold,” Litecoin often follows Bitcoin's price due to similar technology and early-market presence.
Bitcoin Cash (BCH): Derived from Bitcoin, it often correlates with Bitcoin because of its origin and appeal to Bitcoin holders.
Reason for Correlation:
Investor Sentiment: When Bitcoin rises, investors tend to view other major coins as favorable investments.
Liquidity and Institutional Investment: As institutions buy Bitcoin, they often diversify slightly into other major coins.
Market Perception: Many view these coins as close alternatives or complements to Bitcoin, aligning their price trends.
3. Cryptocurrencies Not Following Bitcoin’s Trend
Stablecoins (USDT, USDC, DAI): These coins are pegged to fiat currencies, thus remaining stable despite Bitcoin’s fluctuations.
Privacy Coins (Monero - XMR, Zcash - ZEC): Privacy coins often move independently as their value is tied to regulatory news and privacy demand rather than Bitcoin’s price.
DeFi Tokens (Uniswap - UNI, Aave - AAVE): DeFi tokens operate based on the decentralized finance sector’s performance and can move independently due to unique use cases and innovations in finance.
Reason for Lack of Correlation:
Stable Value or Unique Utility: Stablecoins maintain a peg, while DeFi and privacy coins offer specific utilities unrelated to Bitcoin.
Sector-Specific Dynamics: DeFi’s growth and privacy concerns influence these tokens’ values more than Bitcoin’s fluctuations.
Diverse Investor Base: Investors in privacy and DeFi coins may seek different attributes than those investing in Bitcoin.
#mustread
#ETHBTCNewLow
#BeginnerTrader
#crptonews
#ETHBTCNewLow
Brief overview of Bitcoin as the first and most influential cryptocurrency.
Explain why Bitcoin's trends impact the entire crypto market.
2. Cryptocurrencies Directly Proportional to Bitcoin
Ethereum (ETH): As the second-largest cryptocurrency, Ethereum often mirrors Bitcoin’s trend due to institutional investment and public interest.
Litecoin (LTC): Known as “silver to Bitcoin’s gold,” Litecoin often follows Bitcoin's price due to similar technology and early-market presence.
Bitcoin Cash (BCH): Derived from Bitcoin, it often correlates with Bitcoin because of its origin and appeal to Bitcoin holders.
Reason for Correlation:
Investor Sentiment: When Bitcoin rises, investors tend to view other major coins as favorable investments.
Liquidity and Institutional Investment: As institutions buy Bitcoin, they often diversify slightly into other major coins.
Market Perception: Many view these coins as close alternatives or complements to Bitcoin, aligning their price trends.
3. Cryptocurrencies Not Following Bitcoin’s Trend
Stablecoins (USDT, USDC, DAI): These coins are pegged to fiat currencies, thus remaining stable despite Bitcoin’s fluctuations.
Privacy Coins (Monero - XMR, Zcash - ZEC): Privacy coins often move independently as their value is tied to regulatory news and privacy demand rather than Bitcoin’s price.
DeFi Tokens (Uniswap - UNI, Aave - AAVE): DeFi tokens operate based on the decentralized finance sector’s performance and can move independently due to unique use cases and innovations in finance.
Reason for Lack of Correlation:
Stable Value or Unique Utility: Stablecoins maintain a peg, while DeFi and privacy coins offer specific utilities unrelated to Bitcoin.
Sector-Specific Dynamics: DeFi’s growth and privacy concerns influence these tokens’ values more than Bitcoin’s fluctuations.
Diverse Investor Base: Investors in privacy and DeFi coins may seek different attributes than those investing in Bitcoin.
#mustread
#ETHBTCNewLow
#BeginnerTrader
#crptonews
#ETHBTCNewLow
"Don’t Get Caught Off Guard! UNFIUSDT Contracts Closing Soon – Act by October 30th!"
Time is ticking, and a significant move is happening on Binance Futures that could affect your trading strategy. While some traders may already know about the upcoming closure of the UNFIUSDT USDⓈ-M Perpetual Contract, few understand just how critical their next steps are in safeguarding their assets.
On October 30, 2024, at 09:00 (UTC), Binance will close all positions and automatically settle any open trades on the UNFIUSDT Perpetual Contract. But here's the twist – this isn’t just another routine contract delisting. This moment could be a make-or-break opportunity for savvy traders who are quick to act.
Why This Matters More Than You Think
Automatic settlement can seem convenient, but it takes control out of your hands, potentially locking in a price that doesn’t favor your trading strategy. Imagine expecting a market reversal or holding out for a better profit margin, only to be automatically settled at a less-than-ideal rate. That’s why this isn’t just news – it’s a call to action for those who want to stay ahead of the game.
If you think this is just another contract closure, think again. With the market’s unpredictable nature, volatility could spike in the final moments leading to the delisting. For traders who are watching closely, these fluctuations could either unlock new profit opportunities or leave you scrambling with sudden losses.
What You Can Do Right Now
Here’s how smart traders can use this moment to their advantage:
Ride the Pre-Delisting Volatility: As the closure approaches, market sentiment may shift, causing price swings that experienced traders could capitalize on. Pay attention to the market in the days leading up to the settlement – you could find quick gains if you’re timing it right.
Close Early, Avoid Surprises: The automatic settlement process takes your control away, so consider closing your positions ahead of time. This way, you can secure your profits or mitigate any potential losses based on your strategy, instead of relying on Binance’s final settlement price.
Plan for Reinvestment: With the delisting of this contract, it’s the perfect time to reallocate your capital. Look into other promising trading pairs on Binance Futures that could benefit from your attention after this contract closes.
Why Timing Is Everything
The real edge comes from being proactive. While many traders will rush to close their positions in the final hours, those who act early and strategically will have an advantage. Don’t wait for the last-minute surge when you could be capitalizing on market movements right now.
If you haven’t been keeping an eye on the UNFIUSDT Perpetual Contract, now is the time to analyze it. The next few days could offer the final window for traders to make smart moves before the inevitable delisting on October 30th.
Stay sharp, trade smart, and take control of your positions before it’s too late. Because when the dust settles, only those who act fast will come out on top.
#BinanceFutures #BinanceUpdate #CryptoAlert #crptonews #futuretrading
$UNFI $KP3R $OOKI
On October 30, 2024, at 09:00 (UTC), Binance will close all positions and automatically settle any open trades on the UNFIUSDT Perpetual Contract. But here's the twist – this isn’t just another routine contract delisting. This moment could be a make-or-break opportunity for savvy traders who are quick to act.
Why This Matters More Than You Think
Automatic settlement can seem convenient, but it takes control out of your hands, potentially locking in a price that doesn’t favor your trading strategy. Imagine expecting a market reversal or holding out for a better profit margin, only to be automatically settled at a less-than-ideal rate. That’s why this isn’t just news – it’s a call to action for those who want to stay ahead of the game.
If you think this is just another contract closure, think again. With the market’s unpredictable nature, volatility could spike in the final moments leading to the delisting. For traders who are watching closely, these fluctuations could either unlock new profit opportunities or leave you scrambling with sudden losses.
What You Can Do Right Now
Here’s how smart traders can use this moment to their advantage:
Ride the Pre-Delisting Volatility: As the closure approaches, market sentiment may shift, causing price swings that experienced traders could capitalize on. Pay attention to the market in the days leading up to the settlement – you could find quick gains if you’re timing it right.
Close Early, Avoid Surprises: The automatic settlement process takes your control away, so consider closing your positions ahead of time. This way, you can secure your profits or mitigate any potential losses based on your strategy, instead of relying on Binance’s final settlement price.
Plan for Reinvestment: With the delisting of this contract, it’s the perfect time to reallocate your capital. Look into other promising trading pairs on Binance Futures that could benefit from your attention after this contract closes.
Why Timing Is Everything
The real edge comes from being proactive. While many traders will rush to close their positions in the final hours, those who act early and strategically will have an advantage. Don’t wait for the last-minute surge when you could be capitalizing on market movements right now.
If you haven’t been keeping an eye on the UNFIUSDT Perpetual Contract, now is the time to analyze it. The next few days could offer the final window for traders to make smart moves before the inevitable delisting on October 30th.
Stay sharp, trade smart, and take control of your positions before it’s too late. Because when the dust settles, only those who act fast will come out on top.
#BinanceFutures #BinanceUpdate #CryptoAlert #crptonews #futuretrading
$UNFI $KP3R $OOKI
🚀 Solana Trading Alert 🚀
Seize the opportunity and trade now!$SOL
Current Price: $150.23 (+2.12%)
📈 24h High: $155.00
📉 24h Low: $141.40
$SOL is showing strong momentum! If $SOL can flip $148 into support, we could see a rally to $200. Traders are optimistic, pointing to bullish patterns on various charts.#crptonews
#Write2Earn!
Seize the opportunity and trade now!$SOL
Current Price: $150.23 (+2.12%)
📈 24h High: $155.00
📉 24h Low: $141.40
$SOL is showing strong momentum! If $SOL can flip $148 into support, we could see a rally to $200. Traders are optimistic, pointing to bullish patterns on various charts.#crptonews
#Write2Earn!
check it out 100% perfect signal 🔥
follow for more accurate signals
#TopCoinsJune2024 #BlackRock #pump #crptonews #Binance55thProject(IO)
follow for more accurate signals
#TopCoinsJune2024 #BlackRock #pump #crptonews #Binance55thProject(IO)
LIVEMastering Crypto
--
Hamster Kombat Airdrop Alert 🐹
Vote For Mastering Crypto and Get USDT
Want to participate in the Hamster Kombat airdrop? Follow these steps to qualify:
1. Hold HAM Tokens: Ensure you have HAM tokens in your wallet. This is your entry pass to the airdrop.
2. Follow Hamster: Stay connected by following Hamster on Twitter, Telegram, and other social media platforms. Keeping up with announcements is key.
3. Join the Community: Become part of the Hamster community on Telegram, Discord, or other platforms. Engaging with the community could improve your chances of eligibility.
4. Complete Tasks: Don’t miss out—complete all tasks assigned by Hamster. These could include activities like retweeting posts, joining specific groups, or inviting friends to the community.
Remember, by participating in these tasks, you not only qualify for the airdrop but also strengthen your position within the Hamster Kombat universe. Every action you take brings you closer to potential rewards and exclusive benefits in future events.
🗳Vote For Mastering Crypto in Binance Creator Awards 😊
🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#AirdropGuide #Launchpool #HAMSTERCOMBAT
Vote For Mastering Crypto and Get USDT
Want to participate in the Hamster Kombat airdrop? Follow these steps to qualify:
1. Hold HAM Tokens: Ensure you have HAM tokens in your wallet. This is your entry pass to the airdrop.
2. Follow Hamster: Stay connected by following Hamster on Twitter, Telegram, and other social media platforms. Keeping up with announcements is key.
3. Join the Community: Become part of the Hamster community on Telegram, Discord, or other platforms. Engaging with the community could improve your chances of eligibility.
4. Complete Tasks: Don’t miss out—complete all tasks assigned by Hamster. These could include activities like retweeting posts, joining specific groups, or inviting friends to the community.
Remember, by participating in these tasks, you not only qualify for the airdrop but also strengthen your position within the Hamster Kombat universe. Every action you take brings you closer to potential rewards and exclusive benefits in future events.
🗳Vote For Mastering Crypto in Binance Creator Awards 😊
🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#AirdropGuide #Launchpool #HAMSTERCOMBAT
The number of $BTC Billionares around the world has grown 83% in the last year, according to a new report on crypto wealth.
Six new crypto billionaires were also minted in the last year, bringing the total number of nine-figure crypto holders to 28.
Total Market value of crypto in $USDC 2.3 trillion. #BTC☀ #btc70 #crptonews #Market_Update
Six new crypto billionaires were also minted in the last year, bringing the total number of nine-figure crypto holders to 28.
Total Market value of crypto in $USDC 2.3 trillion. #BTC☀ #btc70 #crptonews #Market_Update
✅ The market's rise after news of good inflation numbers quickly reversed after the U.S. government started moving bitcoins from its wallets again, 10K BTC worth $591 million were sent to Coinbase 🥇
Daily Digest:
🔸 OKX exchange will list $DOGS on August 20 😎
🔸 Crypto.com secured an exclusive multi-year partnership with the UEFA Champions League
🔸 The Canadian crypto trading platform ezBtc and its founder defrauded customers by using their funds for gambling
🔸 Multinational financial services company Goldman Sachs has disclosed it holds $418.65 million worth of spot BTC ETFs
🔸 FBI didn't want to either confirm or deny the existence of Satoshi Nakamoto's records
🔸 MetaMask wallet is rolling out its blockchain-based debit card developed with payments giant Mastercard 🦊
🔸 U.S. CPI numbers came out slightly better than expected at 2.9% versus 3% expected and 3% in June.
#btcupdates2024 #crptonews
#DOGSCommunity
Daily Digest:
🔸 OKX exchange will list $DOGS on August 20 😎
🔸 Crypto.com secured an exclusive multi-year partnership with the UEFA Champions League
🔸 The Canadian crypto trading platform ezBtc and its founder defrauded customers by using their funds for gambling
🔸 Multinational financial services company Goldman Sachs has disclosed it holds $418.65 million worth of spot BTC ETFs
🔸 FBI didn't want to either confirm or deny the existence of Satoshi Nakamoto's records
🔸 MetaMask wallet is rolling out its blockchain-based debit card developed with payments giant Mastercard 🦊
🔸 U.S. CPI numbers came out slightly better than expected at 2.9% versus 3% expected and 3% in June.
#btcupdates2024 #crptonews
#DOGSCommunity
✅ Despite the booming stock market, crypto continues to fall, Bitcoin at one point fell to the $56k level but rebounded and is now trading around $57,500 😳
Daily Digest:
🔸 Vitalik Buterin revealed that he donated $532k worth of the animal-themed meme coins he received last year to an animal welfare charity
🔸 Circle CEO Jeremy Allaire predicted that tap-to-pay payments on the iPhone using Circle's USDC stablecoin are "coming soon" 🤑
🔸 Crypto exchange Binance registered as a reporting entity with India's FIU after settling a $2.25 million fine with the agency earlier this year
🔸 701 new funds were reporting spot-Bitcoin ETF holdings in Q2
🔸 Iran is reportedly handing out upward of $20 (yes, just 20 USD) to anyone who alerts authorities to illegal crypto mining operations 🤣
🔸 Crypto influencers boosting their social media clout with fake followers, views and likes will face fines from the United States Consumer Protection Agency
#crptonews #MarketDownturn #BTC☀
$BTC
Daily Digest:
🔸 Vitalik Buterin revealed that he donated $532k worth of the animal-themed meme coins he received last year to an animal welfare charity
🔸 Circle CEO Jeremy Allaire predicted that tap-to-pay payments on the iPhone using Circle's USDC stablecoin are "coming soon" 🤑
🔸 Crypto exchange Binance registered as a reporting entity with India's FIU after settling a $2.25 million fine with the agency earlier this year
🔸 701 new funds were reporting spot-Bitcoin ETF holdings in Q2
🔸 Iran is reportedly handing out upward of $20 (yes, just 20 USD) to anyone who alerts authorities to illegal crypto mining operations 🤣
🔸 Crypto influencers boosting their social media clout with fake followers, views and likes will face fines from the United States Consumer Protection Agency
#crptonews #MarketDownturn #BTC☀
$BTC
Earn Free Crypto with Ease!
Looking for a simple way to earn cryptocurrency without any investments? Check out fantastic platform that let you tap and earn with minimal effort!
TabSwap🚀
TabSwap offers a seamless way to earn crypto just by swapping your tabs. Every time you switch between tabs in your browser, you accumulate rewards that can be redeemed for various cryptocurrencies. It's as easy as browsing the web!
Wanna join ?! Click the link and earn free crypto
#crptonews #FreeCryptoEarnings
Looking for a simple way to earn cryptocurrency without any investments? Check out fantastic platform that let you tap and earn with minimal effort!
TabSwap🚀
TabSwap offers a seamless way to earn crypto just by swapping your tabs. Every time you switch between tabs in your browser, you accumulate rewards that can be redeemed for various cryptocurrencies. It's as easy as browsing the web!
Wanna join ?! Click the link and earn free crypto
#crptonews #FreeCryptoEarnings
4 Altcoins That Might Be Poised for a Jump!
Looking for some altcoins that might be about to take off? Here are four that have some interesting signs:
1. Kaspa (KAS): KAS is on a roll! The price is up 8.9% in the last day, and trading volume has doubled. The charts suggest a possible breakout to $0.19, which could lead to a further climb towards $2.
2. Kendu Inu (KENDU): This meme coin has been on fire, surging 280% in the last month! The technical indicators look good, with a possible rise to $0.0002 on the horizon, and maybe even higher. Just remember, meme coins can be risky!
3. Aave (AAVE): Aave has been steadily climbing lately, gaining almost 9% in the last week. The charts hint at a potential breakout that could push the price to $102 or even $115.
4. JasmyCoin (JASMY): JASMY is trying to make a comeback! The price is attempting to break through a key resistance level. If successful, it could lead to a rally back towards $0.04.
Important to Remember: This is not financial advice! Do your own research before you invest in any cryptocurrency. The crypto market can be volatile, so be prepared for ups and downs.
#kenduinu #AAVE #KAS #crptonews #Bitcoin❗
Looking for some altcoins that might be about to take off? Here are four that have some interesting signs:
1. Kaspa (KAS): KAS is on a roll! The price is up 8.9% in the last day, and trading volume has doubled. The charts suggest a possible breakout to $0.19, which could lead to a further climb towards $2.
2. Kendu Inu (KENDU): This meme coin has been on fire, surging 280% in the last month! The technical indicators look good, with a possible rise to $0.0002 on the horizon, and maybe even higher. Just remember, meme coins can be risky!
3. Aave (AAVE): Aave has been steadily climbing lately, gaining almost 9% in the last week. The charts hint at a potential breakout that could push the price to $102 or even $115.
4. JasmyCoin (JASMY): JASMY is trying to make a comeback! The price is attempting to break through a key resistance level. If successful, it could lead to a rally back towards $0.04.
Important to Remember: This is not financial advice! Do your own research before you invest in any cryptocurrency. The crypto market can be volatile, so be prepared for ups and downs.
#kenduinu #AAVE #KAS #crptonews #Bitcoin❗
### Weekly News Digest#### 💎 Crypto
- The team behind the DOGS token has rescheduled its listing to August 23.
- South Korea's National Pension Service revealed it bought $34 million worth of MicroStrategy shares.
- Vitalik Buterin announced he donated $532k worth of animal-themed meme coins.
- Liquidators of Three Arrows Capital are seeking $1.3 billion from TerraForm Labs.
- DRW Venture Capital disclosed $150 million in Ethereum ETF holdings.
- Marathon Digital Holdings announced a $250 million offering of convertible senior notes to buy more BTC.
#### 🏦 Crypto Exchanges
- The Canadian crypto trading platform ezBtc and its founder defrauded customers by using their funds for gambling.
- Binance registered as a reporting entity with India's FIU after settling a $2.25 million fine with the agency earlier this year.
#### 💵 Finances and Economy
- 701 new funds reported spot-Bitcoin ETF holdings in Q2.
- U.S. CPI numbers came out slightly better than expected at 2.9%, versus the 3% forecast and 3% in June.
- The Bank of Ghana proposed new regulatory measures for digital assets.
- Goldman Sachs disclosed it holds $418.65 million worth of spot BTC ETFs.
- El Salvador moves $1.62 billion closer to building its "Bitcoin City."
#### ⚖️ Law and Order
- The SEC charged NovaTech and its principals with a $650 million crypto MLM scheme fraud.
- Iran is offering rewards of up to $20 to anyone who reports illegal crypto mining operations.
- Crypto influencers using fake followers, views, and likes to boost their social media presence will face fines from the United States Consumer Protection Agency.
- The FBI declined to confirm or deny the existence of records on Satoshi Nakamoto.
#### 🗣 Personalities
- Elon Musk told Donald Trump that he wants to lead a commission on government spending efficiency.
- A former Bank of Japan official stated that the central bank would delay further rate hikes until next year.
- A user paid $92k in gas fees for a single Ethereum transaction.
#crptonews #crptonews2024
- The team behind the DOGS token has rescheduled its listing to August 23.
- South Korea's National Pension Service revealed it bought $34 million worth of MicroStrategy shares.
- Vitalik Buterin announced he donated $532k worth of animal-themed meme coins.
- Liquidators of Three Arrows Capital are seeking $1.3 billion from TerraForm Labs.
- DRW Venture Capital disclosed $150 million in Ethereum ETF holdings.
- Marathon Digital Holdings announced a $250 million offering of convertible senior notes to buy more BTC.
#### 🏦 Crypto Exchanges
- The Canadian crypto trading platform ezBtc and its founder defrauded customers by using their funds for gambling.
- Binance registered as a reporting entity with India's FIU after settling a $2.25 million fine with the agency earlier this year.
#### 💵 Finances and Economy
- 701 new funds reported spot-Bitcoin ETF holdings in Q2.
- U.S. CPI numbers came out slightly better than expected at 2.9%, versus the 3% forecast and 3% in June.
- The Bank of Ghana proposed new regulatory measures for digital assets.
- Goldman Sachs disclosed it holds $418.65 million worth of spot BTC ETFs.
- El Salvador moves $1.62 billion closer to building its "Bitcoin City."
#### ⚖️ Law and Order
- The SEC charged NovaTech and its principals with a $650 million crypto MLM scheme fraud.
- Iran is offering rewards of up to $20 to anyone who reports illegal crypto mining operations.
- Crypto influencers using fake followers, views, and likes to boost their social media presence will face fines from the United States Consumer Protection Agency.
- The FBI declined to confirm or deny the existence of records on Satoshi Nakamoto.
#### 🗣 Personalities
- Elon Musk told Donald Trump that he wants to lead a commission on government spending efficiency.
- A former Bank of Japan official stated that the central bank would delay further rate hikes until next year.
- A user paid $92k in gas fees for a single Ethereum transaction.
#crptonews #crptonews2024
🚨Breaking News: Telegram CEO's Detention Extended to 96 Hours🚨
In a surprising turn of events, Pavel Durov, the CEO of Telegram, has had his detention extended to 96 hours by authorities. This development has sent shockwaves through the tech and crypto communities, impacting markets and sparking widespread speculation.
Durov’s detention comes amidst ongoing investigations related to his company’s compliance with regulatory frameworks and its handling of certain legal matters. As Telegram remains a major player in the tech and cryptocurrency sectors, any legal issues involving its leadership have the potential to influence market dynamics significantly.
🗞️Implications for the Crypto Market🗞️
The extension of Durov’s detention has already begun to affect cryptocurrency markets. Telegram is known for its involvement in various blockchain and crypto-related projects, including the issuance of tokens and support for decentralized applications. The uncertainty surrounding Durov’s legal situation has led to increased volatility in related digital assets.
🎖️Market Reactions🎖️
1. Cryptocurrency Prices: Some cryptocurrencies associated with Telegram’s ecosystem have experienced price fluctuations. Investors are advised to stay cautious and monitor market trends closely. 2. Regulatory Impact: This incident could prompt a broader regulatory review of platforms involved in crypto transactions and token offerings. Increased scrutiny may lead to tighter regulations across the industry.3. Investor Sentiment: Uncertainty surrounding prominent figures like Durov can impact investor confidence. The market might see a shift as stakeholders reassess their positions and strategies in response to this news.#Durov #crptonews #newcoin2024 #NewsAboutCryptoOfThisYear
In a surprising turn of events, Pavel Durov, the CEO of Telegram, has had his detention extended to 96 hours by authorities. This development has sent shockwaves through the tech and crypto communities, impacting markets and sparking widespread speculation.
Durov’s detention comes amidst ongoing investigations related to his company’s compliance with regulatory frameworks and its handling of certain legal matters. As Telegram remains a major player in the tech and cryptocurrency sectors, any legal issues involving its leadership have the potential to influence market dynamics significantly.
🗞️Implications for the Crypto Market🗞️
The extension of Durov’s detention has already begun to affect cryptocurrency markets. Telegram is known for its involvement in various blockchain and crypto-related projects, including the issuance of tokens and support for decentralized applications. The uncertainty surrounding Durov’s legal situation has led to increased volatility in related digital assets.
🎖️Market Reactions🎖️
1. Cryptocurrency Prices: Some cryptocurrencies associated with Telegram’s ecosystem have experienced price fluctuations. Investors are advised to stay cautious and monitor market trends closely. 2. Regulatory Impact: This incident could prompt a broader regulatory review of platforms involved in crypto transactions and token offerings. Increased scrutiny may lead to tighter regulations across the industry.3. Investor Sentiment: Uncertainty surrounding prominent figures like Durov can impact investor confidence. The market might see a shift as stakeholders reassess their positions and strategies in response to this news.#Durov #crptonews #newcoin2024 #NewsAboutCryptoOfThisYear
A New Era of Tap-to-Earn Gaming Takes Telegram by Storm"
In recent months, the rise of tap-to-earn gaming on Telegram has introduced a new way for users to engage with blockchain and cryptocurrency ecosystems. These games combine the simplicity of tapping actions with the opportunity to earn rewards in crypto, offering an accessible and addictive experience. Players can participate in quick mini-games or challenges, earning tokens or digital assets with each successful tap or completion. This model, integrated directly into Telegram's easy-to-use platform, is fostering a new wave of casual gaming, merging entertainment with financial incentives in a way that’s redefining both industries.
"Tap-to-Earn Games Revolutionize Telegram Gaming Experience"
Tap-to-earn games on Telegram are a new genre of blockchain-based gaming that allow users to earn cryptocurrency or other digital rewards through simple gameplay, often involving tapping actions. These games are built within Telegram’s ecosystem, offering seamless participation through bots or mini-apps. Players can tap their screens to complete tasks, win battles, or participate in challenges, earning crypto tokens or NFTs in return. The games are designed to be easy to access, engaging, and rewarding, making them a popular choice for casual gamers looking to earn real-world value while playing on Telegram.
#TapToEarn #telegramMining #BinanceSquareFamily #crptonews #BinanceLaunchpoolHMSTR
"Tap-to-Earn Games Revolutionize Telegram Gaming Experience"
Tap-to-earn games on Telegram are a new genre of blockchain-based gaming that allow users to earn cryptocurrency or other digital rewards through simple gameplay, often involving tapping actions. These games are built within Telegram’s ecosystem, offering seamless participation through bots or mini-apps. Players can tap their screens to complete tasks, win battles, or participate in challenges, earning crypto tokens or NFTs in return. The games are designed to be easy to access, engaging, and rewarding, making them a popular choice for casual gamers looking to earn real-world value while playing on Telegram.
#TapToEarn #telegramMining #BinanceSquareFamily #crptonews #BinanceLaunchpoolHMSTR
Alert ⚠️ ⚠️ ⚠️ Don't invest blindly.
Let me breakdown for you the whole truth about Tapswap and Why Expectations for TapSwap Need to Be Realistic. ‼️‼️‼️
In the dynamic world of cryptocurrency, it’s crucial to have a grounded understanding of market cap and supply to set realistic expectations for coin value. Recently, there has been confusion between NOT coin and TapSwap coin, leading to inflated expectations for TapSwap’s potential price. Let’s break this down to clear up misconceptions and set a realistic outlook.
The Basics
Market capitalization (market cap) is a key metric to evaluate the value of a cryptocurrency. It is calculated as:
Market Cap = Price per Coin ×Total Supply
For context, NOT coin currently has a circulating supply of 100 billion coins and a market cap of $506 million USD. This gives each NOT coin a value of around : 506 million USD ÷100 billion coins = 0.00506 USD per coin
Now let's review TapSwap: The Supply Challenge 56 Trillions coins / 760 Billions taps = 73 Coin per Taps Let us suppose 10% are allocated for the Tap to earn airdrop which makes total supply of 560 Trillions Coins. Now many are going to attack me with a big lie they have been fed with of 1 billion tokens supply. Well, I do my own research before typing, minor tapswap miners are having 2 million coins😂😂
TapSwap coin with expected staggering total supply of 560 trillion coins, a vastly higher supply compared to NOT coin. To set realistic price expectations, let’s assume TapSwap achieves the same market cap as NOT coin, which is $506 million USD.
Calculating TapSwap’s Potential Price
Using the market cap formula, we can calculate the expected price per TapSwap coin: Price per TapSwap Coin= 506 million USD÷560 trillion coins
This results in: 506,000,000 USD÷560,000,000,000,000 coins= 0.000000905 USD per coin
Now let us Set Realistic Expectations
The calculation shows that with a market cap of $506 million USD, each TapSwap coin would be worth approximately $0.000000905.
#crptonews
Let me breakdown for you the whole truth about Tapswap and Why Expectations for TapSwap Need to Be Realistic. ‼️‼️‼️
In the dynamic world of cryptocurrency, it’s crucial to have a grounded understanding of market cap and supply to set realistic expectations for coin value. Recently, there has been confusion between NOT coin and TapSwap coin, leading to inflated expectations for TapSwap’s potential price. Let’s break this down to clear up misconceptions and set a realistic outlook.
The Basics
Market capitalization (market cap) is a key metric to evaluate the value of a cryptocurrency. It is calculated as:
Market Cap = Price per Coin ×Total Supply
For context, NOT coin currently has a circulating supply of 100 billion coins and a market cap of $506 million USD. This gives each NOT coin a value of around : 506 million USD ÷100 billion coins = 0.00506 USD per coin
Now let's review TapSwap: The Supply Challenge 56 Trillions coins / 760 Billions taps = 73 Coin per Taps Let us suppose 10% are allocated for the Tap to earn airdrop which makes total supply of 560 Trillions Coins. Now many are going to attack me with a big lie they have been fed with of 1 billion tokens supply. Well, I do my own research before typing, minor tapswap miners are having 2 million coins😂😂
TapSwap coin with expected staggering total supply of 560 trillion coins, a vastly higher supply compared to NOT coin. To set realistic price expectations, let’s assume TapSwap achieves the same market cap as NOT coin, which is $506 million USD.
Calculating TapSwap’s Potential Price
Using the market cap formula, we can calculate the expected price per TapSwap coin: Price per TapSwap Coin= 506 million USD÷560 trillion coins
This results in: 506,000,000 USD÷560,000,000,000,000 coins= 0.000000905 USD per coin
Now let us Set Realistic Expectations
The calculation shows that with a market cap of $506 million USD, each TapSwap coin would be worth approximately $0.000000905.
#crptonews
🚨🚨Prosecutors Charge Four Crypto ‘Market Makers,’ Employees With Market Manipulation, Fraud🚨🚨
Federal prosecutors charged four purported market makers, a handful of crypto projects, and over a dozen individuals with manipulating various crypto markets Wednesday, saying they profited from fees and selling manipulated coins at elevated values.
According to charging documents unsealed Wednesday, Gotbit, CLS Global, MyTrade and ZM Quant wash traded various tokens to make it appear they had more legitimate activity than they actually did, selling some of these tokens at "artificially inflated prices" to others, marketing these coins on various platforms and convincing exchanges to let them buy tokens with reduced fees.
The U.S. Securities and Exchange Commission also brought charges against ZM Quant and employees Baijun Ou and Ruiqi Lau; Gotbit and employee Feder Kedrov; and CLS Global with employee Andrey Zhorzhes, alongside a number of individuals described as "crypto asset promoters": Russell Armand, Maxwell Hernandez, Manpreet Singh Kohli, Nam Tran and Vy Pham. A representative for the Department of Justice (DOJ) said that the cases were referred to prosecution by the SEC over two years ago.
Prosecutors say that the market maker defendants publicly claimed to be legitimate market makers offering legal services, but privately offered clients illegal services including wash trading.
At least in Gotbit’s case, the illegal offerings weren’t really all that private: in 2019, Gotbit co-founder Alexey Andryunin, then a 20-year-old college sophomore, explained to CoinDesk exactly how the wash trading services he offered his clients worked. He was blunt about the questionable nature of his business, admitting that Gotbit was not registered in any jurisdiction because it was “not entirely ethical.” Separate criminal charges have been filed against Andryunin.
ZMQuant was registered in the British Virgin Islands, but the employees named in its indictment were based in Hong Kong. Though Gotbit was not registered anywhere, it's employees are believed to be Russian.
The list of manipulated tokens included Robo Inu, which pumped after the indictment was unsealed. Other named defendants include VZZN and Saitama. According to the indictments, each token – including Robo Inu – is classified as a security. Several of the people behind the projects, including Robo Inu founder Vy Pham, have also been named as defendants.
During the course of their investigation, Federal Bureau of Investigation (FBI) agents created an Ethereum-based cryptocurrency, called NextFundAI, with the help of "cooperating witnesses" and used it to "identify, disrupt, and bring these alleged fraudsters to justice," according to a Wednesday press release. The token, according to court documents, is also a security. A representative for the FBI added that there was limited trading "activity" on the coin but declined to share any additional information beyond what is currently available in public documents, including whether the FBI worked with any crypto companies on the project. Joshua Levy, the Acting U.S. Attorney for the District of Massachusetts, said trading on the token was disabled during a press call Wednesday afternoon.
Levy said during the call that the DOJ already has about $25 million it's secured from "fraudulent proceeds" that will go back to investors, though he did not share a full total of how much the defendants generated.#crptonews #NOT🔥🔥🔥 #BinanceSquareFamily #usa #Debate2024 $USDC
$BTC
$BNB
According to charging documents unsealed Wednesday, Gotbit, CLS Global, MyTrade and ZM Quant wash traded various tokens to make it appear they had more legitimate activity than they actually did, selling some of these tokens at "artificially inflated prices" to others, marketing these coins on various platforms and convincing exchanges to let them buy tokens with reduced fees.
The U.S. Securities and Exchange Commission also brought charges against ZM Quant and employees Baijun Ou and Ruiqi Lau; Gotbit and employee Feder Kedrov; and CLS Global with employee Andrey Zhorzhes, alongside a number of individuals described as "crypto asset promoters": Russell Armand, Maxwell Hernandez, Manpreet Singh Kohli, Nam Tran and Vy Pham. A representative for the Department of Justice (DOJ) said that the cases were referred to prosecution by the SEC over two years ago.
Prosecutors say that the market maker defendants publicly claimed to be legitimate market makers offering legal services, but privately offered clients illegal services including wash trading.
At least in Gotbit’s case, the illegal offerings weren’t really all that private: in 2019, Gotbit co-founder Alexey Andryunin, then a 20-year-old college sophomore, explained to CoinDesk exactly how the wash trading services he offered his clients worked. He was blunt about the questionable nature of his business, admitting that Gotbit was not registered in any jurisdiction because it was “not entirely ethical.” Separate criminal charges have been filed against Andryunin.
ZMQuant was registered in the British Virgin Islands, but the employees named in its indictment were based in Hong Kong. Though Gotbit was not registered anywhere, it's employees are believed to be Russian.
The list of manipulated tokens included Robo Inu, which pumped after the indictment was unsealed. Other named defendants include VZZN and Saitama. According to the indictments, each token – including Robo Inu – is classified as a security. Several of the people behind the projects, including Robo Inu founder Vy Pham, have also been named as defendants.
During the course of their investigation, Federal Bureau of Investigation (FBI) agents created an Ethereum-based cryptocurrency, called NextFundAI, with the help of "cooperating witnesses" and used it to "identify, disrupt, and bring these alleged fraudsters to justice," according to a Wednesday press release. The token, according to court documents, is also a security. A representative for the FBI added that there was limited trading "activity" on the coin but declined to share any additional information beyond what is currently available in public documents, including whether the FBI worked with any crypto companies on the project. Joshua Levy, the Acting U.S. Attorney for the District of Massachusetts, said trading on the token was disabled during a press call Wednesday afternoon.
Levy said during the call that the DOJ already has about $25 million it's secured from "fraudulent proceeds" that will go back to investors, though he did not share a full total of how much the defendants generated.#crptonews #NOT🔥🔥🔥 #BinanceSquareFamily #usa #Debate2024 $USDC
$BTC
$BNB
*EDUCATIONAL CRYPTO INFO FOR TODAY*
These are some short terms we use in crypto
👇
DIP - Decrease In Price
PUMP - Increase in price
BULL - Bullish season (Pumps)
BEAR - Bearish season (Dumps)
DEFI - Decentralized Finance
DEX - Decentralized Exchange Pancakeswap, Poocoin, Uniswap, Sushswap, etc
CEX - Centralized Exchange e.g Binance, Bybit, Mexc etc
DW - Decentralized Wallets e.g Metamask, Trust wallet, Bitkeep wallet, Okx wallet etc
P2P - Peer to Peer
NFT - Non Fungible Token
ATH - All Time High
ATL - All Time Low
ALT - Altcoin e.g Ethereum, Binance, Tron etc
DAPP- Decentralized Application
DAO - Decentralized Organinzation
DYOR- Do Your Own Research
NFA - Not A Financial Advice
EVM- Ethereum Virtual Machine
FOMO - Fear Of Missing Out
FUD - Fear Of Uncertainty and Doubts
HODL - Hold On For Dear Life
MC - Market Cap
LP - Liquidity Pool
KYC - Know Your Customer
POS - Proof Of Stake
POW - Proof Of Work
ICO - Initial Cex Offering
IDO - Initial Dex Offering
IEO - Initial Exchange Offering
Whale - A wealthy person in crypto that hold large amount of Coins
RUG PULL - A scam project or a project that later turns scam
Dev - Developer of a project
AMA - Ask Me Anything
PRESALE - A sale before a token launch
AIRDROP - A reward for doing task.
Follow me for More
#crptonews
#CryptoNewss
#bitcoin☀️
#binance4ever
These are some short terms we use in crypto
👇
DIP - Decrease In Price
PUMP - Increase in price
BULL - Bullish season (Pumps)
BEAR - Bearish season (Dumps)
DEFI - Decentralized Finance
DEX - Decentralized Exchange Pancakeswap, Poocoin, Uniswap, Sushswap, etc
CEX - Centralized Exchange e.g Binance, Bybit, Mexc etc
DW - Decentralized Wallets e.g Metamask, Trust wallet, Bitkeep wallet, Okx wallet etc
P2P - Peer to Peer
NFT - Non Fungible Token
ATH - All Time High
ATL - All Time Low
ALT - Altcoin e.g Ethereum, Binance, Tron etc
DAPP- Decentralized Application
DAO - Decentralized Organinzation
DYOR- Do Your Own Research
NFA - Not A Financial Advice
EVM- Ethereum Virtual Machine
FOMO - Fear Of Missing Out
FUD - Fear Of Uncertainty and Doubts
HODL - Hold On For Dear Life
MC - Market Cap
LP - Liquidity Pool
KYC - Know Your Customer
POS - Proof Of Stake
POW - Proof Of Work
ICO - Initial Cex Offering
IDO - Initial Dex Offering
IEO - Initial Exchange Offering
Whale - A wealthy person in crypto that hold large amount of Coins
RUG PULL - A scam project or a project that later turns scam
Dev - Developer of a project
AMA - Ask Me Anything
PRESALE - A sale before a token launch
AIRDROP - A reward for doing task.
Follow me for More
#crptonews
#CryptoNewss
#bitcoin☀️
#binance4ever
🔥🚨Turning Crypto Gains Into Cash? Avoid These Pitfalls Before Your Bank Calls⚡️
Turning crypto gains into cash might sound like a dream come true, but it’s essential to tread carefully, as banks will notice large transfers and ask questions. Here’s how to avoid common pitfalls and ensure a smooth process:
1. Open a Separate, Crypto-Specific Account
Don’t jeopardize your main account—use a dedicated one for crypto to avoid disruptions in your daily life if something goes wrong.
2. Choose Crypto-Friendly Banks
Smaller, digital banks tend to be more accommodating to crypto transactions, unlike traditional institutions, which may cause delays.
3. Plan Your Withdrawal Strategy
Convert your crypto to other assets, like stocks or bonds, to keep your activity below the radar. Be ready to explain the source of your funds clearly.
4. Stay Prepared
Expect questions from the bank and ensure your transactions are clean and verifiable to avoid unnecessary scrutiny.
A well-planned cash-out strategy is key to preventing headaches when moving your crypto gains into fiat.
#crptonews #ScrollOnBinance #APESurge
1. Open a Separate, Crypto-Specific Account
Don’t jeopardize your main account—use a dedicated one for crypto to avoid disruptions in your daily life if something goes wrong.
2. Choose Crypto-Friendly Banks
Smaller, digital banks tend to be more accommodating to crypto transactions, unlike traditional institutions, which may cause delays.
3. Plan Your Withdrawal Strategy
Convert your crypto to other assets, like stocks or bonds, to keep your activity below the radar. Be ready to explain the source of your funds clearly.
4. Stay Prepared
Expect questions from the bank and ensure your transactions are clean and verifiable to avoid unnecessary scrutiny.
A well-planned cash-out strategy is key to preventing headaches when moving your crypto gains into fiat.
#crptonews #ScrollOnBinance #APESurge