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Professor Mende - Founder of BONUZ Project - in Dubai UAE
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😪RESCUE GOES WRONG - how RELIEF can transform to IMMEDIATE PAIN - ALMOST LIKE A LIQUIDATION in TRADING
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📉 IS NOW THE TIME TO BUY THE DIP? 📈 The Bitcoin Mayer Multiple, a classic BTC price indicator, has hit an eight-month low, suggesting a potential "buy the dip" opportunity. Bitcoin is currently trading around $61,000, yet the sentiment among holders is notably bearish due to a recent 17% dip. Despite the drop, the Mayer Multiple is showing signs that could indicate an impending recovery. The Mayer Multiple measures Bitcoin's price against its 200-day moving average. Historically, a reading below 2.4 has been considered a "buy" signal. On June 26, the Mayer Multiple hit 1.05, its lowest since October 2023, when Bitcoin was at $29,900. 📝 Analyst Perspective: Popular analyst On-Chain College highlighted this in a recent X (formerly Twitter) post, stating: “The Bitcoin Mayer Multiple is now at a level not seen since October 2023, despite price at $60.9K now vs. $29.9K back in October. 📉 Historical Context: It's important to note that while the Mayer Multiple hitting extreme lows can suggest a recovery, it doesn't always correspond immediately to price floors. For example, in mid-2022, the indicator bottomed at 0.47, but Bitcoin’s price didn't hit its lowest until four months later. Also, the Crypto Fear & Greed Index reflects heightened fear, challenging 2024 lows. However, Bitcoin's relative strength index (RSI) has also dipped into "oversold" territory, suggesting a potential rebound. 💡 Conclusion: With the Mayer Multiple and RSI both indicating potential bullish trends despite the current bearish sentiment, the market might be setting up for a rebound... ...BUT stay alert as the US and German governments unloaded HUNDREDS OF MILLIONS worth of bitcoin to various exchanges and may crash the market if they start selling off. There's 2 sides here, a bullish and a bearish one, yet nobody knows what's gonna happen next.... Stay informed with @Professor Mende - Founder of BONUZ Project - in Dubai UAE and drop a comment below! #btc #bitcoinprice #priceanalysis #BuytheDips #bitcoinnews $BTC $ETH $BNB
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🚨SHOCKING FAKE PHANTOM WALLET IN THE APPLE APPSTORE Urgent Warning: Fake Phantom Wallet on Apple App Store Draining Users’ Funds! A dangerous scam is lurking on the Apple App Store, targeting unsuspecting crypto enthusiasts. The fraudulent app, masquerading as the popular Phantom wallet, is developed by a company named Voxify AI. Despite its authentic appearance, this fake Phantom wallet has already caused significant financial losses Users have reported that the app looks identical to the real Phantom wallet, making it hard to distinguish at first glance. However, there are critical differences. Once downloaded, the app only allows users to import an existing wallet rather than creating a new one. 🚨This is a red flag. Users input their seed phrases, thinking they're accessing their genuine wallets, they're unknowingly handing over their keys to scammers. The reviews under the app are filled with warnings like “scam app,” “this is not the real #Phantom app,” and “this app will drain your wallet.” It's shocking that this fake app has been on the App Store for two weeks, given how stringent Apple’s app approval process is, especially for crypto wallets. The fact that such a deceptive app bypassed these checks raises serious questions about an #Apple inside job and demands a thorough investigation. Victims have already lost substantial amounts of money to this scam. Users must be cautious and verify the legitimacy of crypto wallets before downloading them. If you've installed this fake Phantom wallet, remove it immediately and change your wallet credentials to secure your funds. Stay vigilant, spread the word, and help prevent more people from falling victim to this appalling scam. Authorities need to step in and remove this app from the App Store promptly. Your awareness and caution are your first lines of defense against such #scam schemes! Thanks to German Amber and Ali Devici for investigating my 100.000$ loss / Phantom Hack! I did not get hacked this way! Stay SAFE! Professor Matthias Mende #solana #bitcoin $BTC $SOL $ETH
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⭐️🥊 Influencer Fight Event sponsored by the “Battle of Memes” Meme Coin Project The world of cryptocurrency is buzzing as the Battle of Memes, a meme coin project, steps into the limelight as the main sponsor of a blockbuster influencer boxing event Social Knockout 3 . The event, held in Dubai on July 6th, 2024, has captivated millions and could potentially draw over 30 million live views. The unique blend of crypto and entertainment has sparked speculation about the potential of meme coins to influence mainstream media. The event showcases top influencers, collectively boasting tens of millions of followers, making it a significant moment in digital culture. The high-profile matches and the enormous viewer turnout underscore meme coins' growing influence and ability to capture public interest. Mo Vlogs and Abdu Rozik are just two of the superstars of the night. The Battle of Memes platform is leveraging this exposure to drive engagement and adoption, positioning itself as a pioneer in merging cryptocurrency with popular culture. This strategic move enhances the visibility of meme coins and opens up new avenues for future collaborations between the crypto world and mainstream entertainment. The speculative nature of this partnership raises intriguing questions about the future of digital assets. Will meme coins continue to gain traction and mainstream acceptance? Can they sustain their momentum and impact on popular culture? As the lines between crypto and mainstream media blur, sponsoring high-profile events and leveraging the massive reach of influencers, meme coins can get the attention they need. Strategic Presale of the BAOM Solana Token Currently, the presale for Battle of Memes is live on Solana’s PinkSale platform with almost 1$ Million raised. Investors are encouraged to seize this opportunity and join the $BAOM community from day 0. Remember: We all know how dangerous and risky these projects can be! For more info, check: www battleofmemes .VIP Enjoy the #MEMES Professor Mende out! #memecoins #shiba #doge #baom
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🚨 I GOT HACKED! $100K+ STOLEN FROM MY PHANTOM WALLET 🚨$ I need to share something urgent and devastating that happened to me recently. On June 25th, 2024, at 00.02 CET over $100k worth of crypto was stolen from my Phantom wallet. Investigation and forensics are currently underway, and hopefully, we'll be able to recover the stolen funds. My compromised Phantom Solana wallet: 6EnVBfvwx1z2tzP5vGwBsh9mSZsBaLBm9FCTVSz5e2pm How Did This Happen? I’ve always preached the importance of security and taken high measures to protect my assets. Despite having robust security measures and being vigilant about avoiding suspicious links, I didn't fall for obvious scams. Yet, my wallet got emptied just 30 minutes after my WATER presale tokens arrived— $60k worth. and 320 SOL. It’s possible I was targeted because I openly shared my investment moves on my Instagram stories (mende). Exposing my #Phantom Wallet so that everyone can track my moves. Interestingly, the #hacker didn't steal my SNS domain Mende.sol, so I transferred it to my new wallet. My seed phrase isn’t stored digitally, so this breach is baffling and terrifying. How You Can Stay Safe, Or... Can You? My incident underscores the constant risk in the crypto world! ⛔ PROTECT YOURSELF BETTER: 1. Use Cold Wallets for Long-Term Storage: Keep most of your crypto assets in a hardware wallet. These offline wallets are much harder to hack than hot wallets connected to the internet. 2. Enable Two-Factor Authentication (2FA): Always use 2FA for your accounts. This extra layer of #security , adds value if someone has your physical device. 3. Be Cautious: Avoid publicly sharing detailed information about your investments. 4. Multi-Sig Wallets - but this comes with handicaps in quick trading moves. 5. Regularly Update Security Measures: Stay updated with the latest security practices, regularly review your security! I urge everyone in the community to take these precautions seriously; plz share this post to spread awareness, help others stay safe. Thanks for your support 🙌 Matthias Mende
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📉 BREAKING: $240,000,000 worth BTC SENT TO COINBASE EXCHANGE by US GOVERNMENT 📈 The United States government transferred 3,940 Bitcoin to a Coinbase Prime wallet on June 26, as per onchain data from Arkham Intelligence. This transaction took place at 5:00 pm UTC and involves Bitcoin seized from convicted drug trafficker Banmeet Singh. 🚔 Case Background: 👮♂ Banmeet Singh: Singh was arrested in London in 2019 on drug distribution charges and extradited to the U.S. in 2023. From 2012 to 2017, he ran a narcotics smuggling network with distributors across multiple states. 🪙 Bitcoin Seizure: As part of his sentencing, Singh was forced to surrender over 8,100 Bitcoin, worth approximately $150 million at the time. The U.S. DEA termed this as their largest cryptocurrency seizure. 🕵♂ Current Status: Singh was sentenced to five years in prison in April 2024 but has been released due to time served. He plans to return to India following his release. 💰 Sell-Off Concerns: The Bitcoin market is jittery over potential government sell-offs impacting prices. Recently, the German government was reportedly unloading Bitcoin worth around $2.76 billion. 🗂 Government Holdings: Arkham data shows the U.S. government currently owns about 214,000 Bitcoin valued at around $13 billion, making it the largest state holder in their database. 🏦 Mt. Gox Liquidation: Investor fears are further stoked by the Mt. Gox bankruptcy estate beginning the process of unloading 140,000 Bitcoin to reimburse victims of the 2014 collapse. 📉 Exchange Balances: Despite these sell-off fears, exchange balances are at six-year lows, counterbalancing potential price declines. 📉 Bitcoin Price Watch: The transfer of seized Bitcoin to an exchange typically signals a potential sell-off, which could impact prices. IMPORTANT FOR YOU: Watch out for potential huge dumps that could crash the BTC price! Follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE to stay updated on Bitcoin matters! #btc #Bitcoincrashcandle #markettrends #bearish #warning $BTC $ETH $BNB
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