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🫡 The end of a legend: the story of the hard drive containing 8,000 BTC has come to an end
James Howells has given up searching for the discarded hard drive in a landfill. $950 million in BTC has been lost forever.
Perhaps the search will resume when BTC reaches $200k 😁
James Howells has given up searching for the discarded hard drive in a landfill. $950 million in BTC has been lost forever.
Perhaps the search will resume when BTC reaches $200k 😁
Change my mind
😭 British man who lost access to 8,000 BTC will sue the European Court of Justice
James Howells, who has been trying to find a hard drive containing private keys to 8,000 BTC (~$660M) in a landfill in Newport since 2013, has again been turned down by a British court.
The Court of Appeal rejected his petition, saying the case had “no realistic chance of success.”
Howells now intends to appeal to the European Court of Human Rights (ECHR), arguing that the authorities have violated his right to property and a fair trial.
❌In the meantime, the landfill where the disk is allegedly located could close as early as 2025-2026.
I wonder how much bitcoin he could have bought with the money he spent searching for the hard drive? 🤔
James Howells, who has been trying to find a hard drive containing private keys to 8,000 BTC (~$660M) in a landfill in Newport since 2013, has again been turned down by a British court.
The Court of Appeal rejected his petition, saying the case had “no realistic chance of success.”
Howells now intends to appeal to the European Court of Human Rights (ECHR), arguing that the authorities have violated his right to property and a fair trial.
❌In the meantime, the landfill where the disk is allegedly located could close as early as 2025-2026.
I wonder how much bitcoin he could have bought with the money he spent searching for the hard drive? 🤔
$OM price crashed 90% in the last 24 hours..
Reason:
In April, 17 wallets transferred 43.6 Million $OM (worth about $227M) to exchanges.. This was just 4.5% of the circulating supply..
In the last 24 hours over $68 million was liquidated.. A Total of massive $3 Billion has been wiped out from its market cap..
Reason:
In April, 17 wallets transferred 43.6 Million $OM (worth about $227M) to exchanges.. This was just 4.5% of the circulating supply..
In the last 24 hours over $68 million was liquidated.. A Total of massive $3 Billion has been wiped out from its market cap..
JUST IN: 🇺🇸 Donald Trump says "no other President would have done what I did... Somebody had to do it. It had to stop because it's not sustainable."
"Last year, China made $1 trillion off trade with the United States... Now I've reversed it."
"Last year, China made $1 trillion off trade with the United States... Now I've reversed it."
If Bitcoin falls below $74,000, the cumulative long liquidation intensity of mainstream CEX will reach 476 million. On the contrary, if Bitcoin surpasses $78,000, the cumulative short liquidation intensity of mainstream CEX will reach 982 million.⚠️💰
JUST IN: 🇺🇸🇨🇳 White House says additional 104% tariffs on China went into effect today at noon.
April 5: Random Date or Message from Satoshi?
Satoshi Nakamoto's P2P Foundation profile lists April 5 as his birthday.
Some consider this symbolic: on April 5, 1933, Roosevelt issued an executive order in the United States that required citizens to hand over their gold to the government.
Satoshi Nakamoto's P2P Foundation profile lists April 5 as his birthday.
Some consider this symbolic: on April 5, 1933, Roosevelt issued an executive order in the United States that required citizens to hand over their gold to the government.
Only for a genius
What's the missing number ??
What's the missing number ??
94373
Binance Square Official
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Predict BTC Price & Win up to $300 USDC!
🚀 Bitcoin has rocketed past 109k, smashing ATHs! Where's it going next?
Drop your prediction for this week's $BTC closing price in the comments of this post 👇
🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now!
*Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC)
‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
Drop your prediction for this week's $BTC closing price in the comments of this post 👇
🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now!
*Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC)
‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
Terms and Conditions:
This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
Here’s a simple breakdown of the Breakout Pattern you're seeing:
1. Resistance (R-1, R-2): These are levels where the price hits a ceiling and struggles to go higher.
2. Support (S-1, S-2, S-3): These are levels where the price finds a floor and bounces back up.
3. Channel Formation: The price is moving between resistance (top line) and support (bottom line), creating a channel.
4. Breakout: Finally, after hitting support and resistance multiple times, the price breaks out of the channel upwards, indicating strong buying momentum.
5. Previous Swing Break: After the breakout, the price breaks the previous high (previous swing), confirming the breakout.
When this happens, it’s a strong signal that the trend might be going up. So, keep an eye on these key levels to spot potential opportunities!
1. Resistance (R-1, R-2): These are levels where the price hits a ceiling and struggles to go higher.
2. Support (S-1, S-2, S-3): These are levels where the price finds a floor and bounces back up.
3. Channel Formation: The price is moving between resistance (top line) and support (bottom line), creating a channel.
4. Breakout: Finally, after hitting support and resistance multiple times, the price breaks out of the channel upwards, indicating strong buying momentum.
5. Previous Swing Break: After the breakout, the price breaks the previous high (previous swing), confirming the breakout.
When this happens, it’s a strong signal that the trend might be going up. So, keep an eye on these key levels to spot potential opportunities!
▎Major Liquidation Event in Cryptocurrency Market: $110 Million Lost in Just 60 Minutes
In a shocking turn of events, the cryptocurrency market has witnessed a staggering liquidation of $110 million within the past hour. This rapid decline has sent ripples through the trading community, raising concerns about market stability and investor sentiment.
▎What Happened?
The sudden liquidation was triggered by a combination of factors, including increased selling pressure, market volatility, and possibly a reaction to broader economic indicators. Many traders who were heavily leveraged found themselves unable to meet margin calls, leading to automatic liquidations of their positions.
▎Impact on Major Cryptocurrencies
Major cryptocurrencies like Bitcoin and Ethereum have felt the brunt of this liquidation event. Prices have seen significant dips, prompting panic selling among investors. Bitcoin, which was hovering around the $58,000 mark, has dropped sharply, while Ethereum is also experiencing a downturn.
▎What Does This Mean for Investors?
1. Increased Volatility: This event highlights the inherent volatility in the cryptocurrency market. Investors should brace for potential further fluctuations in prices.
2. Risk Management: For those trading with leverage, this serves as a critical reminder of the importance of risk management strategies. Setting stop-loss orders and diversifying portfolios can help mitigate losses.
3. Market Sentiment: The mood among traders is likely to shift towards caution. Many may reconsider their strategies as fear and uncertainty take hold.
▎Conclusion
The recent $110 million liquidation serves as a stark reminder of the risks associated with cryptocurrency trading. As the market adjusts to this sudden shift, staying informed
In a shocking turn of events, the cryptocurrency market has witnessed a staggering liquidation of $110 million within the past hour. This rapid decline has sent ripples through the trading community, raising concerns about market stability and investor sentiment.
▎What Happened?
The sudden liquidation was triggered by a combination of factors, including increased selling pressure, market volatility, and possibly a reaction to broader economic indicators. Many traders who were heavily leveraged found themselves unable to meet margin calls, leading to automatic liquidations of their positions.
▎Impact on Major Cryptocurrencies
Major cryptocurrencies like Bitcoin and Ethereum have felt the brunt of this liquidation event. Prices have seen significant dips, prompting panic selling among investors. Bitcoin, which was hovering around the $58,000 mark, has dropped sharply, while Ethereum is also experiencing a downturn.
▎What Does This Mean for Investors?
1. Increased Volatility: This event highlights the inherent volatility in the cryptocurrency market. Investors should brace for potential further fluctuations in prices.
2. Risk Management: For those trading with leverage, this serves as a critical reminder of the importance of risk management strategies. Setting stop-loss orders and diversifying portfolios can help mitigate losses.
3. Market Sentiment: The mood among traders is likely to shift towards caution. Many may reconsider their strategies as fear and uncertainty take hold.
▎Conclusion
The recent $110 million liquidation serves as a stark reminder of the risks associated with cryptocurrency trading. As the market adjusts to this sudden shift, staying informed
💰 𝑩𝒊𝒕𝒄𝒐𝒊𝒏 𝑳𝒊𝒒𝒖𝒊𝒅𝒂𝒕𝒊𝒐𝒏 𝑨𝒍𝒆𝒓𝒕 🚨🚨
$𝟭.𝟮𝟴 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 worth of Shorts will get liquidated if BTC hits $70,000
$𝟯.𝟭𝟴 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 worth of Longs will get liquidated if BTC Hits $59,000
$𝟭.𝟮𝟴 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 worth of Shorts will get liquidated if BTC hits $70,000
$𝟯.𝟭𝟴 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 worth of Longs will get liquidated if BTC Hits $59,000
Toncoin $TON falls 13% following Telegram founder Pavel Durov's arrest in France.
📰
Pavel Durov, the founder and CEO of the popular messaging app Telegram, was arrested around 8 p.m. this Saturday evening. He was detained as he stepped off his private jet at Le Bourget airport. Durov, a 39-year-old with dual French-Russian citizenship, was accompanied by a bodyguard and a woman at the time of his arrest.
The arrest was carried out by the French Air Transport Gendarmerie (GTA). Durov was listed in the French wanted persons file (FPR) and had just arrived from Azerbaijan. A French search warrant had been issued for him by the OFMIN, part of the national police’s criminal investigation division, based on a preliminary investigation.
Why Was He Wanted?
French authorities allege that Telegram’s lack of moderation, poor cooperation with law enforcement, and the tools it offers (like disposable numbers and cryptocurrencies) make Durov complicit in drug trafficking, child exploitation crimes, and fraud.
@Watcher Guru
📰
Pavel Durov, the founder and CEO of the popular messaging app Telegram, was arrested around 8 p.m. this Saturday evening. He was detained as he stepped off his private jet at Le Bourget airport. Durov, a 39-year-old with dual French-Russian citizenship, was accompanied by a bodyguard and a woman at the time of his arrest.
The arrest was carried out by the French Air Transport Gendarmerie (GTA). Durov was listed in the French wanted persons file (FPR) and had just arrived from Azerbaijan. A French search warrant had been issued for him by the OFMIN, part of the national police’s criminal investigation division, based on a preliminary investigation.
Why Was He Wanted?
French authorities allege that Telegram’s lack of moderation, poor cooperation with law enforcement, and the tools it offers (like disposable numbers and cryptocurrencies) make Durov complicit in drug trafficking, child exploitation crimes, and fraud.
@Watcher Guru
Wonders of AI 🤖🤣😁 have a laugh
Check out these two key patterns for trend continuation
'Rising Three Methods' suggests the uptrend will continue after a small dip.
'Falling Three Methods' signals a downtrend is likely to keep going after a slight bump up.
Always Look for these formations & Trade Wisely!
'Rising Three Methods' suggests the uptrend will continue after a small dip.
'Falling Three Methods' signals a downtrend is likely to keep going after a slight bump up.
Always Look for these formations & Trade Wisely!
Bitcoin Nears $60,600, Bullish Signals Emerge🚀
$BTC
Bitcoin is approaching the critical $60,600 level, with multiple technical indicators, including the Ichimoku Cloud and MACD, suggesting a bullish trend. Analyst Rekt Capital notes that breaking this level could mark a return to the post-halving "accumulation range" and potentially lead to a rapid price surge by late September
$BTC
Bitcoin is approaching the critical $60,600 level, with multiple technical indicators, including the Ichimoku Cloud and MACD, suggesting a bullish trend. Analyst Rekt Capital notes that breaking this level could mark a return to the post-halving "accumulation range" and potentially lead to a rapid price surge by late September
🧧Economic Daily: Be cautious about virtual currency investment
Financial report, Economic Daily published an article saying that in recent times, the "currency circle" has encountered another wave of earthquakes. Bitcoin has fallen continuously, from more than $70,000 at the end of July to around $58,000 on August 16. In particular, on August 5, Bitcoin once fell below $50,000, hitting a new low in nearly a year, with a daily decline of 15%, more than 270,000 people were liquidated, and the total amount of liquidation exceeded $1 billion.
Financial report, Economic Daily published an article saying that in recent times, the "currency circle" has encountered another wave of earthquakes. Bitcoin has fallen continuously, from more than $70,000 at the end of July to around $58,000 on August 16. In particular, on August 5, Bitcoin once fell below $50,000, hitting a new low in nearly a year, with a daily decline of 15%, more than 270,000 people were liquidated, and the total amount of liquidation exceeded $1 billion.
Dubai Approves Bitcoin and Crypto for Salary Payments
In a groundbreaking move, Dubai has officially approved the use of Bitcoin and other cryptocurrencies for salary payments. This decision positions the emirate as a leader in the adoption of digital currencies, reflecting its commitment to innovation and financial technology.
Employers in Dubai can now opt to pay their employees in cryptocurrencies, providing a new level of flexibility and appeal for tech-savvy workers. This initiative is expected to attract more businesses and talent to the region, bolstering Dubai's reputation as a global financial hub.
As the world increasingly embraces digital currencies, this step by Dubai not only enhances its economic landscape but also sets a precedent for other cities to follow. The move is seen as a significant stride towards integrating blockchain technology into everyday financial transactions, paving the way for a more modern and diversified economy.
In a groundbreaking move, Dubai has officially approved the use of Bitcoin and other cryptocurrencies for salary payments. This decision positions the emirate as a leader in the adoption of digital currencies, reflecting its commitment to innovation and financial technology.
Employers in Dubai can now opt to pay their employees in cryptocurrencies, providing a new level of flexibility and appeal for tech-savvy workers. This initiative is expected to attract more businesses and talent to the region, bolstering Dubai's reputation as a global financial hub.
As the world increasingly embraces digital currencies, this step by Dubai not only enhances its economic landscape but also sets a precedent for other cities to follow. The move is seen as a significant stride towards integrating blockchain technology into everyday financial transactions, paving the way for a more modern and diversified economy.
Role of Technical Analysis in crypto investing
Firstly, you should understand that TA does not provide clear predictions on the price. It serves as the analysis of the previous action and only predicts potential outcomes. It should never be taken for granted, especially in the crypto market which is easily manipulated.
There is a lot of discussion on whether TA actually works and if it does if it is more reliable than FA. We experienced enough to know that it does work but we stand in the middle of that conflict. We believe that TA and FA can and should be matched :you decide on what to invest in by the fundamentals, but you enter based on the chart. Lacking any of those two either limits your understanding of the potential or exposes you to a bad entry. With liquidity in many markets being so low, no chart can predict the next price spike due to a famous person tweeting about it. Having a complete image is the way to go in the crypto sphere if you really want to take advantage of what this market is offering.
You should also understand that there is not one right way of doing TA. Everybody has their own methods, as there is no right or wrong here. As long as you are successful in your setups, no tools that you will be using can be considered wrong. Try looking up to other traders to see how they are doing their analysis but always seek to find what works best for you.
Firstly, you should understand that TA does not provide clear predictions on the price. It serves as the analysis of the previous action and only predicts potential outcomes. It should never be taken for granted, especially in the crypto market which is easily manipulated.
There is a lot of discussion on whether TA actually works and if it does if it is more reliable than FA. We experienced enough to know that it does work but we stand in the middle of that conflict. We believe that TA and FA can and should be matched :you decide on what to invest in by the fundamentals, but you enter based on the chart. Lacking any of those two either limits your understanding of the potential or exposes you to a bad entry. With liquidity in many markets being so low, no chart can predict the next price spike due to a famous person tweeting about it. Having a complete image is the way to go in the crypto sphere if you really want to take advantage of what this market is offering.
You should also understand that there is not one right way of doing TA. Everybody has their own methods, as there is no right or wrong here. As long as you are successful in your setups, no tools that you will be using can be considered wrong. Try looking up to other traders to see how they are doing their analysis but always seek to find what works best for you.
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