cryotocurrency
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US Govt Selling Crypto Worth Millions Seized, From Bitfinex Hacker?
In an unprecedented turn of events, a U.S. Government wallet was recently reported to be compromised, echoing a bustle across the broader market. On Friday, on-chain data indicated that the US govt wallet started shifting or selling nearly $20 million worth of crypto assets, including ETH, USDT, USDC, and aUSDC to another address.
Meanwhile, a portion of the shifted funds was soon recorded to be sold to a crypto exchange. Market enthusiasts speculate whether these selloffs are likely a part of the American government’s strategy amid the United States v. Lichtenstein lawsuit.Is The US Govt Selling Crypto Related To Bitfinex Hack?
As per the latest on-chain data by Arkham Intelligence dated October 25, the US Government-linked address 0xc9E appears to have been compromised. Notably, $20 million in USDC, USDT, aUSDC, and ETH were recorded to have been suspiciously moved to another address 0x348 from the govt-linked wallet.
Besides, it’s noteworthy that the funds moved to 0x348 were recorded as being sold thereafter. Notably, Lookonchain data on X today pointed out that 148 ETH was sold to Binance, one of the top crypto exchanges.For context, the US govt wallet address 0xc9E received these Bitfinex hack-related crypto funds from 9 other seizure addresses, including 0xE2F. Intriguingly, the address 0xE2F was also listed in the court documents regarding the Bitfinex hacked funds seizure.
Further, Arkham hints in its post that the address 0x348 has begun selling some crypto moved from the US govt wallet address. This chronicle has sparked a buzz across the broader market , with some even speculating the selloffs to be likely the U.S. government’s efforts amid recent lawsuit developments.
United States v. Lichtenstein Lawsuit Developments Add Speculations
Meanwhile, -CoinGape Media reported earlier this month that the United States v. Lichtenstein lawsuit saw Ilya Lichtenstein, the mastermind behind the Bitfinex exchange $6 billion hack, encountering increased scrutiny from regulators. US prosecutors sought a minimum 5-year prison sentence for Lichtenstein in the aftermath of the Bitfinex exchange hack, one of the largest crypto hacks recorded in history.The US govt recent potential compromise amid- these latest developments has sparked further speculations, solidifying sentiments of selling crypto by the entity itself. Further, as revealed in Arkham’s post, the attacker used a money laundering service to process the selloff.
Overall, market watchers continue to eye the wallets’ (movements) to gain a clear perspective on the matter.. As CoinGape reported, it was the first AAVE transaction by the US government since February.
#cryotocurrency #BTCMiningDifficultyRecord #TraderEducation #BTC500K
Meanwhile, a portion of the shifted funds was soon recorded to be sold to a crypto exchange. Market enthusiasts speculate whether these selloffs are likely a part of the American government’s strategy amid the United States v. Lichtenstein lawsuit.Is The US Govt Selling Crypto Related To Bitfinex Hack?
As per the latest on-chain data by Arkham Intelligence dated October 25, the US Government-linked address 0xc9E appears to have been compromised. Notably, $20 million in USDC, USDT, aUSDC, and ETH were recorded to have been suspiciously moved to another address 0x348 from the govt-linked wallet.
Besides, it’s noteworthy that the funds moved to 0x348 were recorded as being sold thereafter. Notably, Lookonchain data on X today pointed out that 148 ETH was sold to Binance, one of the top crypto exchanges.For context, the US govt wallet address 0xc9E received these Bitfinex hack-related crypto funds from 9 other seizure addresses, including 0xE2F. Intriguingly, the address 0xE2F was also listed in the court documents regarding the Bitfinex hacked funds seizure.
Further, Arkham hints in its post that the address 0x348 has begun selling some crypto moved from the US govt wallet address. This chronicle has sparked a buzz across the broader market , with some even speculating the selloffs to be likely the U.S. government’s efforts amid recent lawsuit developments.
United States v. Lichtenstein Lawsuit Developments Add Speculations
Meanwhile, -CoinGape Media reported earlier this month that the United States v. Lichtenstein lawsuit saw Ilya Lichtenstein, the mastermind behind the Bitfinex exchange $6 billion hack, encountering increased scrutiny from regulators. US prosecutors sought a minimum 5-year prison sentence for Lichtenstein in the aftermath of the Bitfinex exchange hack, one of the largest crypto hacks recorded in history.The US govt recent potential compromise amid- these latest developments has sparked further speculations, solidifying sentiments of selling crypto by the entity itself. Further, as revealed in Arkham’s post, the attacker used a money laundering service to process the selloff.
Overall, market watchers continue to eye the wallets’ (movements) to gain a clear perspective on the matter.. As CoinGape reported, it was the first AAVE transaction by the US government since February.
#cryotocurrency #BTCMiningDifficultyRecord #TraderEducation #BTC500K
The more experience you get, the calmer you become.
Calm traders are the most successful traders.
#BinanceTournament #BTC #CryptoAmbition #cryotocurrency #CryotoTrading
Calm traders are the most successful traders.
#BinanceTournament #BTC #CryptoAmbition #cryotocurrency #CryotoTrading
How do you plan your trade, before entering into a position?
#PlanYourTrade #TradeYourPlan #cryotocurrency
#PlanYourTrade #TradeYourPlan #cryotocurrency
🇨🇳 Beijing Targets Cryptocurrency Mining Operations in New Energy Conservation Plan
Beijing is prepared to apply a new policy to strengthen the actions to foster energy conservation in several aspects of the city’s operations, promoting carbon and pollution reduction. The plan proposes to increase the oversight level on Bitcoin mining activities, thwarting its remnants.
#mininingBnb #cryotocurrency #NewsUpdated
Beijing is prepared to apply a new policy to strengthen the actions to foster energy conservation in several aspects of the city’s operations, promoting carbon and pollution reduction. The plan proposes to increase the oversight level on Bitcoin mining activities, thwarting its remnants.
#mininingBnb #cryotocurrency #NewsUpdated
How to Make $100 a Day Trading Crypto ? 🤔
I have been trading crypto currencies on Binance for a few months now.
As a beginner, I can tell you that it has been a roller coaster of super crazy highs and even more super crazy lows. I have watched some crypto pairs rise 11,000%, 800%, 200%, and even 5% on some days.
At times I have managed to multiply my money 400% in a week and then proceeded to lose all these gains the next because of the high volatility of cryptos.
I am not a major crypto hodler simply because I cannot afford to. I do not have extra money that I can put there to sit around as I wait months or years even for it to rise and for me to watch it go through these crazy highs and lows. Money is super tight especially in the second year of a global pandemic. And I need my money to be circulating in and out of a venture for it to best benefit me and my situation right now.
For these reasons, I needed a strategy that could best suit me. And after some experience, I came up with this one.
I trade my crypto on Binance. After a few months of interacting with the platform, I noticed that at least 50 different trading pairs manage a 10 - 20% rise daily. Some even go to crazy highs of 800% in one day on some occasions! Some selected few manage 100% rises while others do between 40% and 80%.
My focus at this point is usually on the ones that rise 10 -20 % daily as they are the regular occurrences and the purpose of this story. This strategy applies only to spot trading.
The strategy
Scenario 1
If you put in $1000 on Binance and track a 10% rise on one pair, you will have made $100. Repeat this every day and you will be making $100 a day, every single day.
#HotTrends #cryotocurrency #Write2Eam
I have been trading crypto currencies on Binance for a few months now.
As a beginner, I can tell you that it has been a roller coaster of super crazy highs and even more super crazy lows. I have watched some crypto pairs rise 11,000%, 800%, 200%, and even 5% on some days.
At times I have managed to multiply my money 400% in a week and then proceeded to lose all these gains the next because of the high volatility of cryptos.
I am not a major crypto hodler simply because I cannot afford to. I do not have extra money that I can put there to sit around as I wait months or years even for it to rise and for me to watch it go through these crazy highs and lows. Money is super tight especially in the second year of a global pandemic. And I need my money to be circulating in and out of a venture for it to best benefit me and my situation right now.
For these reasons, I needed a strategy that could best suit me. And after some experience, I came up with this one.
I trade my crypto on Binance. After a few months of interacting with the platform, I noticed that at least 50 different trading pairs manage a 10 - 20% rise daily. Some even go to crazy highs of 800% in one day on some occasions! Some selected few manage 100% rises while others do between 40% and 80%.
My focus at this point is usually on the ones that rise 10 -20 % daily as they are the regular occurrences and the purpose of this story. This strategy applies only to spot trading.
The strategy
Scenario 1
If you put in $1000 on Binance and track a 10% rise on one pair, you will have made $100. Repeat this every day and you will be making $100 a day, every single day.
#HotTrends #cryotocurrency #Write2Eam
#BinanceSquareFamily ce#binan#bitcoin#CryptoNewss Bitcoin Approaches Key Milestones Amid Significant Market Movements
Bitcoin's Recent Surge and Market Trends
Bitcoin (BTC) has recently seen a significant price surge, closing at $65,127 on July 16, marking a five-day winning streak. This rally follows a strong 6.63% increase on July 15. Key drivers for this bullish trend include robust inflows into Bitcoin spot ETFs and positive economic indicators from the U.S. Federal Reserve's rate cut expectations【37†source】【38†source】.
Mt. Gox Repayments and Supply Implications
A critical development affecting the Bitcoin market is the ongoing repayment process by the Mt. Gox trustee. Recently, 48,641 BTC was transferred to Kraken for distribution to creditors. This movement of a substantial amount of Bitcoin has created concerns about increased supply potentially impacting BTC's price. However, the strong demand from Bitcoin ETFs has helped mitigate these effects so far.
Upcoming Bitcoin Halving Event
The 2024 Bitcoin halving, scheduled for April, is another major event that has the market's attention. Historically, Bitcoin halving events, which reduce the block reward for miners by half, have led to significant price increases due to the decreased rate of new Bitcoin entering circulation. Analysts are closely monitoring this event, predicting that Bitcoin could reach new highs if the current bullish momentum continues【38†source】.
Technical Analysis and Future Projections
From a technical standpoint, Bitcoin remains above both its 50-day and 200-day exponential moving averages (EMAs), indicating a bullish trend. A successful breakout above the $67,500 resistance level could propel BTC towards its previous all-time high of $69,000 and potentially beyond to $73,808.
Note: This information is for educational purposes only and does not constitute financial advice. Always consult with a financial professional.
#bitcoin #cryptonews #cryotocurrency
Bitcoin's Recent Surge and Market Trends
Bitcoin (BTC) has recently seen a significant price surge, closing at $65,127 on July 16, marking a five-day winning streak. This rally follows a strong 6.63% increase on July 15. Key drivers for this bullish trend include robust inflows into Bitcoin spot ETFs and positive economic indicators from the U.S. Federal Reserve's rate cut expectations【37†source】【38†source】.
Mt. Gox Repayments and Supply Implications
A critical development affecting the Bitcoin market is the ongoing repayment process by the Mt. Gox trustee. Recently, 48,641 BTC was transferred to Kraken for distribution to creditors. This movement of a substantial amount of Bitcoin has created concerns about increased supply potentially impacting BTC's price. However, the strong demand from Bitcoin ETFs has helped mitigate these effects so far.
Upcoming Bitcoin Halving Event
The 2024 Bitcoin halving, scheduled for April, is another major event that has the market's attention. Historically, Bitcoin halving events, which reduce the block reward for miners by half, have led to significant price increases due to the decreased rate of new Bitcoin entering circulation. Analysts are closely monitoring this event, predicting that Bitcoin could reach new highs if the current bullish momentum continues【38†source】.
Technical Analysis and Future Projections
From a technical standpoint, Bitcoin remains above both its 50-day and 200-day exponential moving averages (EMAs), indicating a bullish trend. A successful breakout above the $67,500 resistance level could propel BTC towards its previous all-time high of $69,000 and potentially beyond to $73,808.
Note: This information is for educational purposes only and does not constitute financial advice. Always consult with a financial professional.
#bitcoin #cryptonews #cryotocurrency
How To Start a Crypto Yield Farming Business
To start a crypto yield farming business, you will need to follow these simple steps;
STEP 1
Choose a yield farming platform. There are many different yield farming platforms available, so it is important to choose one that is reputable and has a good track record.
STEP 2
Deposit your cryptocurrency into a liquidity pool. Liquidity pools are pools of cryptocurrency that are used to facilitate trades on decentralized exchanges (DEXs). When you deposit your cryptocurrency into a liquidity pool, you will receive LP tokens in return. LP tokens represent your ownership of the liquidity pool and entitle you to a portion of the trading fees generated by the pool.
STEP 3
Stake your LP tokens into a yield farm. Yield farms are smart contracts that reward users for staking their LP tokens. The rewards are typically paid in the form of the platform's native token.
STEP 4
Monitor your yields and withdraw your rewards regularly. It is important to monitor your yields regularly to ensure that you are making a profit. You should also withdraw your rewards regularly to avoid losing them if the platform is hacked or goes bankrupt.
Here are some additional tips for starting a crypto yield farming business:
* Start small and gradually increase your investment as you become more comfortable with the risks involved.
* Diversify your portfolio by investing in a variety of different yield farming platforms and liquidity pools.
* Monitor your yields regularly and withdraw your rewards promptly.
* Be aware of the risks involved in yield farming, including the risk of smart contract hacks and impermanent loss.
Starting a crypto yield farming business can be a risky but potentially rewarding endeavor. By carefully considering the risks and taking the necessary steps to mitigate them, you can increase your chances of success.
#farming #cryotocurrency #BinanceSquare
$BTC $ETH $BNB
To start a crypto yield farming business, you will need to follow these simple steps;
STEP 1
Choose a yield farming platform. There are many different yield farming platforms available, so it is important to choose one that is reputable and has a good track record.
STEP 2
Deposit your cryptocurrency into a liquidity pool. Liquidity pools are pools of cryptocurrency that are used to facilitate trades on decentralized exchanges (DEXs). When you deposit your cryptocurrency into a liquidity pool, you will receive LP tokens in return. LP tokens represent your ownership of the liquidity pool and entitle you to a portion of the trading fees generated by the pool.
STEP 3
Stake your LP tokens into a yield farm. Yield farms are smart contracts that reward users for staking their LP tokens. The rewards are typically paid in the form of the platform's native token.
STEP 4
Monitor your yields and withdraw your rewards regularly. It is important to monitor your yields regularly to ensure that you are making a profit. You should also withdraw your rewards regularly to avoid losing them if the platform is hacked or goes bankrupt.
Here are some additional tips for starting a crypto yield farming business:
* Start small and gradually increase your investment as you become more comfortable with the risks involved.
* Diversify your portfolio by investing in a variety of different yield farming platforms and liquidity pools.
* Monitor your yields regularly and withdraw your rewards promptly.
* Be aware of the risks involved in yield farming, including the risk of smart contract hacks and impermanent loss.
Starting a crypto yield farming business can be a risky but potentially rewarding endeavor. By carefully considering the risks and taking the necessary steps to mitigate them, you can increase your chances of success.
#farming #cryotocurrency #BinanceSquare
$BTC $ETH $BNB
Assalamualaikum everyone
wishing you a happy Eid Mubarak .
#cryotocurrency #BinanceLaunchpool #BinanceInvesting #TradeInsightHub #BNBLUNCPOOL
wishing you a happy Eid Mubarak .
#cryotocurrency #BinanceLaunchpool #BinanceInvesting #TradeInsightHub #BNBLUNCPOOL
#cryotocurrency One coin monopoly for how long? Aren't you guys sick of this #btc 😡😡
Top 10 Upcoming Crypto Airdrops in H2 2024
As the cryptocurrency landscape continues to evolve, airdrops remain a popular method for new projects to distribute tokens and engage with their communities. Here are the top 10 upcoming crypto airdrops to watch out for in the second half of 2024
1. Linea
Linea is a Layer 2 scaling solution designed to enhance Ethereum's scalability. Users who participate in its testnet and provide liquidity can qualify for the airdrop.
2. Eclipse
Eclipse aims to improve blockchain interoperability. Engaging with its testnet and completing specific tasks will make users eligible for its token airdrop.
3. Fuel
Fuel is another Layer 2 project focused on optimizing transaction speeds and costs on Ethereum. Early adopters and liquidity providers are likely to benefit from its airdrop.
4. Scroll
Scroll is working on enhancing Ethereum's scalability using zero-knowledge proofs. Users who interact with its testnet and contribute to the ecosystem can expect to receive tokens.
5. Grass
Grass is a decentralized finance (DeFi) project that rewards users for providing liquidity and participating in governance. Its airdrop will target active community members.
6. Karak
Karak focuses on decentralized identity solutions. Users who engage with its platform and participate in governance activities will be eligible for the airdrop.
7. Initia
Initia is a blockchain project aimed at improving data privacy and security. Early users and contributors to its testnet will be rewarded with tokens.
8. Berachain
Berachain is a DeFi project that incentivizes liquidity provision and governance participation. Its airdrop will reward active users and early adopters.
9. Zora
Zora is a decentralized marketplace for digital assets. Users who engage with its platform and participate in community activities can qualify for the airdrop.
10. Farcaster
Farcaster is a decentralized social network. Active users who contribute to the platform and participate in governance will be eligible for its token airdrop.
How to Qualify for Airdrops:
To increase your chances of qualifying for these airdrops, consider the following tips:
- Engage Early: Become an early user of promising projects.
- Participate in Testnets: Actively use testnets and provide feedback.
- Provide Liquidity: Contribute liquidity to DeFi projects.
- Stay Active on Social Media: Follow projects on social media and participate in community activities.
Conclusion
Crypto airdrops offer a unique opportunity to earn free tokens while supporting new projects. By staying informed and actively participating in the crypto community, you can maximize your chances of benefiting from these upcoming airdrops.
Are there any specific projects you're particularly excited about?
share your thoughts in comment section.
#cryotocurrency #AirDrop2024 #BinanceSquareFamily #BinanceEarnProgram #TradingMadeEasy
1. Linea
Linea is a Layer 2 scaling solution designed to enhance Ethereum's scalability. Users who participate in its testnet and provide liquidity can qualify for the airdrop.
2. Eclipse
Eclipse aims to improve blockchain interoperability. Engaging with its testnet and completing specific tasks will make users eligible for its token airdrop.
3. Fuel
Fuel is another Layer 2 project focused on optimizing transaction speeds and costs on Ethereum. Early adopters and liquidity providers are likely to benefit from its airdrop.
4. Scroll
Scroll is working on enhancing Ethereum's scalability using zero-knowledge proofs. Users who interact with its testnet and contribute to the ecosystem can expect to receive tokens.
5. Grass
Grass is a decentralized finance (DeFi) project that rewards users for providing liquidity and participating in governance. Its airdrop will target active community members.
6. Karak
Karak focuses on decentralized identity solutions. Users who engage with its platform and participate in governance activities will be eligible for the airdrop.
7. Initia
Initia is a blockchain project aimed at improving data privacy and security. Early users and contributors to its testnet will be rewarded with tokens.
8. Berachain
Berachain is a DeFi project that incentivizes liquidity provision and governance participation. Its airdrop will reward active users and early adopters.
9. Zora
Zora is a decentralized marketplace for digital assets. Users who engage with its platform and participate in community activities can qualify for the airdrop.
10. Farcaster
Farcaster is a decentralized social network. Active users who contribute to the platform and participate in governance will be eligible for its token airdrop.
How to Qualify for Airdrops:
To increase your chances of qualifying for these airdrops, consider the following tips:
- Engage Early: Become an early user of promising projects.
- Participate in Testnets: Actively use testnets and provide feedback.
- Provide Liquidity: Contribute liquidity to DeFi projects.
- Stay Active on Social Media: Follow projects on social media and participate in community activities.
Conclusion
Crypto airdrops offer a unique opportunity to earn free tokens while supporting new projects. By staying informed and actively participating in the crypto community, you can maximize your chances of benefiting from these upcoming airdrops.
Are there any specific projects you're particularly excited about?
share your thoughts in comment section.
#cryotocurrency #AirDrop2024 #BinanceSquareFamily #BinanceEarnProgram #TradingMadeEasy