LIVEMsplash
@Msplash
Following
Followers
Liked
Shared
Is the Crypto Market Falling Today?
April has witnessed another crypto market crash instead of entering into pre-halving price surge spirits. What's coming next?
Many crypto assets faced volatility issues recently, leading to the crypto market heatmap dominated by red. It has not happened for the first time, as with the start of the second quarter of 2024, the crypto market is going through major price fluctuations and volatility issues.
It demonstrates a market fall today where the cryptocurrencies are dipping. Many will be terrified of the market crash and might end up selling their crypto, initiating selling pressure.
Why Is The Crypto Market Falling Today?
Market volatility often leads to such price falls, crashing the crypto market. Reasons, like Market Sentiments and entering the correction zone, have been associated with this fall.
Market Sentiments
The fear and greed index data has shifted from yesterday’s score of 79 to 75, which is a shift from an almost too-greedy zone to a just greedy zone. It shows an increased selling pressure in the crypto market where the investors sell their cryptocurrencies instead of buying or HODL them.
Though the current sentiment shift has not been that huge, but compared to the March data, the market is slow.
Crypto Liquidation
99,403 crypto traders have been victims of liquidity in the last 24 hours. The total liquidation data contains $274.74 Million, and Bybit alone is responsible for the $8.38 Million in liquidations.
Bitcoin, Ethereum, and Solana are the most affected cryptocurrencies by this liquidation.
Market Correction Before Halving
Bitcoin halving is just a few days away, and the mining rewards will be half after that. It will help with maintaining the scarcity of Bitcoin as the production will decrease, but this will impact the miners.
The analysts have confirmed a Bitcoin correction before the halving events, which is happening right now. This correction might continue for a few days before entering the pre-halving price rally, followed by a long run post-halving.
#loveissharing $BTC $ETH $SOL
April has witnessed another crypto market crash instead of entering into pre-halving price surge spirits. What's coming next?
Many crypto assets faced volatility issues recently, leading to the crypto market heatmap dominated by red. It has not happened for the first time, as with the start of the second quarter of 2024, the crypto market is going through major price fluctuations and volatility issues.
It demonstrates a market fall today where the cryptocurrencies are dipping. Many will be terrified of the market crash and might end up selling their crypto, initiating selling pressure.
Why Is The Crypto Market Falling Today?
Market volatility often leads to such price falls, crashing the crypto market. Reasons, like Market Sentiments and entering the correction zone, have been associated with this fall.
Market Sentiments
The fear and greed index data has shifted from yesterday’s score of 79 to 75, which is a shift from an almost too-greedy zone to a just greedy zone. It shows an increased selling pressure in the crypto market where the investors sell their cryptocurrencies instead of buying or HODL them.
Though the current sentiment shift has not been that huge, but compared to the March data, the market is slow.
Crypto Liquidation
99,403 crypto traders have been victims of liquidity in the last 24 hours. The total liquidation data contains $274.74 Million, and Bybit alone is responsible for the $8.38 Million in liquidations.
Bitcoin, Ethereum, and Solana are the most affected cryptocurrencies by this liquidation.
Market Correction Before Halving
Bitcoin halving is just a few days away, and the mining rewards will be half after that. It will help with maintaining the scarcity of Bitcoin as the production will decrease, but this will impact the miners.
The analysts have confirmed a Bitcoin correction before the halving events, which is happening right now. This correction might continue for a few days before entering the pre-halving price rally, followed by a long run post-halving.
#loveissharing $BTC $ETH $SOL
Hong Kong likely to approve spot Bitcoin ETFs
Hong Kong reportedly expected to approve some ETFs next week and others in April.
$BTC #loveissharing
Hong Kong reportedly expected to approve some ETFs next week and others in April.
$BTC #loveissharing
How Much Will Bitcoin’s Price Go Up After This Month’s Halving?
The $1 trillion question: What will happen to Bitcoin’s price after halving?
If history is our guide, not much.
What did Bitcoin’s price do after the three previous halving events?
In 2012, bitcoin’s price languished for more than a month. In 2016, its price dropped and took four months to get back to even. In 2020, its price stayed flat for two months.
See for yourself:
Don’t be surprised if we get a similar outcome this time.
Typical operation
To summarize a far more nuanced, complicated story:
In 2024, we caught a massive bid. This round of speculative enthusiasm pushed Bitcoin’s price to a new all-time high. The market found itself overextended in a way we’ve never seen heading into a halving event.
Today, there’s no reason to think this market can’t go a little higher for a little longer, simply on the momentum it’s built up for months.
Stepping back from the day-to-day commotion, we’re still at extremes on many market metrics and overdue for a substantial correction.
It all makes sense and fits historical patterns. I guess we’ll see whether these bids keep pouring in at the pace we’ve seen in the past two months. Otherwise, we could have a bumpy road ahead.
But Mark, the ETFs!
Those Wall Street ETFs have taken in $12 billion in new inflows.
While that is a substantial accomplishment and certainly helpful, it can’t count for the $650 billion rise in Bitcoin’s market cap — even if you give the ETFs a generous multiplier effect.
Anyway, how sure are you that Aunt Sally, Uncle Morton, and the pickleball crew haven’t already gotten their 1–3% allocation? If that’s the case, they have no reason to put more money into the ETFs.
#loveissharing $BTC
The $1 trillion question: What will happen to Bitcoin’s price after halving?
If history is our guide, not much.
What did Bitcoin’s price do after the three previous halving events?
In 2012, bitcoin’s price languished for more than a month. In 2016, its price dropped and took four months to get back to even. In 2020, its price stayed flat for two months.
See for yourself:
Don’t be surprised if we get a similar outcome this time.
Typical operation
To summarize a far more nuanced, complicated story:
In 2024, we caught a massive bid. This round of speculative enthusiasm pushed Bitcoin’s price to a new all-time high. The market found itself overextended in a way we’ve never seen heading into a halving event.
Today, there’s no reason to think this market can’t go a little higher for a little longer, simply on the momentum it’s built up for months.
Stepping back from the day-to-day commotion, we’re still at extremes on many market metrics and overdue for a substantial correction.
It all makes sense and fits historical patterns. I guess we’ll see whether these bids keep pouring in at the pace we’ve seen in the past two months. Otherwise, we could have a bumpy road ahead.
But Mark, the ETFs!
Those Wall Street ETFs have taken in $12 billion in new inflows.
While that is a substantial accomplishment and certainly helpful, it can’t count for the $650 billion rise in Bitcoin’s market cap — even if you give the ETFs a generous multiplier effect.
Anyway, how sure are you that Aunt Sally, Uncle Morton, and the pickleball crew haven’t already gotten their 1–3% allocation? If that’s the case, they have no reason to put more money into the ETFs.
#loveissharing $BTC
hello everyone
so i want to help some people by sharing one of my future trading. Right now as of the time of writing this post, i will be Shorting $NEO so if you're with me lets hear you in the comments section. Staking high and will be adding my exit.
#loveissharing
so i want to help some people by sharing one of my future trading. Right now as of the time of writing this post, i will be Shorting $NEO so if you're with me lets hear you in the comments section. Staking high and will be adding my exit.
#loveissharing
I will be selecting 20 random people Soon! to receive a gift of $100 each! To qualify, make sure you follow me, comment, and like this post. Good luck!
#loveissharing
#loveissharing
I'm buying a new cryptocurrency similar to #BOME . I missed #Shiba and #pepe but i wont miss this new token and the best part is that its not launched yet. So i get to invest early and make more money when they finally launch and starts marketing💥. I have read their WhitePaper and the Team is Solid.
http://money-heist-token.site.xyz/
http://money-heist-token.site.xyz/
Crypto Bros 'Choose Rich' As Elon Musk And Others Chime In On Twitter
Before your reading,Don't miss coins like $MHT again! Click here to find new MHT!
http://money-heist-token.site.xyz/
NFTNick is a well-known social media influencer who is hoping to woo the masses through a variety of wealth-backed posts on social media. His stunts have included all of the props of an influencer, ranging from a boat in Miami to a New York City penthouse, all within the same week.
Nick also lauds the phrase "choose rich," which is meant to show off his wealth and help grow his social media presence. He usually will say the phrase in some exotic location, whereby he can flex his affluence and create some buzz on X.
However, NFTNick's wild experiences were quickly proven to be less exciting than he made them out to be. It's hard to fool millions of viewers on the internet into believing a lie. Take a look at some of the biggest uncoverings made by NFTNick's following in the past week.
Nick started the week in Miami, posting a selfie on a boat with him and his crypto bros, captioned, "This is who you're trading against." Commenters were quick to point out that a clipboard with a liability waiver was clearly in the background, indicating that Nick was renting the boat for the day, instead of owning the boat, which is what was implied.
"Really weird behavior to pretend like you bought something you clearly only rented for a few hours. If you're gonna sell your lie you need to do better at not leaving the liability waiver in the shot," one commenter posted.
Nick quickly responded with a video of him going over the successful tokens and non-fungible token (NFT) projects he has invested in, followed by saying, "Keep doubting. Look at us now."
Nick's next stop was in New York City two days later. He posted a video in his "NYC penthouse" where he was holding a bottle of champagne that he claimed to cost $5,000 but is a bottle of Tattinger Champagne that cost $85. However, a lie like this is almost impossible to sneak by a hoard of people critiquing your every move.
Before your reading,Don't miss coins like $MHT again! Click here to find new MHT!
http://money-heist-token.site.xyz/
NFTNick is a well-known social media influencer who is hoping to woo the masses through a variety of wealth-backed posts on social media. His stunts have included all of the props of an influencer, ranging from a boat in Miami to a New York City penthouse, all within the same week.
Nick also lauds the phrase "choose rich," which is meant to show off his wealth and help grow his social media presence. He usually will say the phrase in some exotic location, whereby he can flex his affluence and create some buzz on X.
However, NFTNick's wild experiences were quickly proven to be less exciting than he made them out to be. It's hard to fool millions of viewers on the internet into believing a lie. Take a look at some of the biggest uncoverings made by NFTNick's following in the past week.
Nick started the week in Miami, posting a selfie on a boat with him and his crypto bros, captioned, "This is who you're trading against." Commenters were quick to point out that a clipboard with a liability waiver was clearly in the background, indicating that Nick was renting the boat for the day, instead of owning the boat, which is what was implied.
"Really weird behavior to pretend like you bought something you clearly only rented for a few hours. If you're gonna sell your lie you need to do better at not leaving the liability waiver in the shot," one commenter posted.
Nick quickly responded with a video of him going over the successful tokens and non-fungible token (NFT) projects he has invested in, followed by saying, "Keep doubting. Look at us now."
Nick's next stop was in New York City two days later. He posted a video in his "NYC penthouse" where he was holding a bottle of champagne that he claimed to cost $5,000 but is a bottle of Tattinger Champagne that cost $85. However, a lie like this is almost impossible to sneak by a hoard of people critiquing your every move.
Bitcoin ETF: SEC Declares First Trust’s Application “Abandoned”
Before your reading, Don't miss coins like $MHT again! Click here to find new MHT!
http://money-heist-token.site.xyz/
The US SEC has declared the First Trust SkyBridge Bitcoin ETF application "Abandoned" after 9 months of application
STORY HIGHLIGHTS
First Trust SkyBridge Bitcoin ETF application has been declared "Abandoned" by the US SEC
This is a rare case of Bitcoin ETF application that never materializes
Other spot Bitcoin ETFs have been greenlighted and thriving today
After several months of lying fallow, First Trust SkyBridge Bitcoin ETF has been declared “abandoned” by the United States Securities and Exchange Commission (SEC).
Abandoned ETF Application
According to the screenshot shared by senior Bloomberg ETF analyst Eric Balchunas, on March 12, 2024, the U.S. SEC officially ordered that the registration statement for spot Bitcoin ETF of the duo First Trust and SkyBridge be declared as abandoned. The regulator confirmed that First Trust and SkyBridge had jointly filed a registration statement to register securities under Section 6(a) of the Securities Act of 1933.
Before the recent announcement from the U.S. regulator, the application had spent up to nine months on the SEC’s desk and was yet to become effective. First Trust SkyBridge was sent a notification informing them that the registration statement would be declared abandoned if no action is taken to either withdraw or amend the filing. Unfortunately, no response was received in this regard.
The lack of response or action from the asset managers prompted the decision of the SEC. It is worth noting that this is not the first time the duo would be applying to list spot Bitcoin ETF. In 2022, the SEC rejected the application as it did with others at the time.
The rejection followed an initial interest to list an ETF on the New York Stock Exchange in March 2021.
Before your reading, Don't miss coins like $MHT again! Click here to find new MHT!
http://money-heist-token.site.xyz/
The US SEC has declared the First Trust SkyBridge Bitcoin ETF application "Abandoned" after 9 months of application
STORY HIGHLIGHTS
First Trust SkyBridge Bitcoin ETF application has been declared "Abandoned" by the US SEC
This is a rare case of Bitcoin ETF application that never materializes
Other spot Bitcoin ETFs have been greenlighted and thriving today
After several months of lying fallow, First Trust SkyBridge Bitcoin ETF has been declared “abandoned” by the United States Securities and Exchange Commission (SEC).
Abandoned ETF Application
According to the screenshot shared by senior Bloomberg ETF analyst Eric Balchunas, on March 12, 2024, the U.S. SEC officially ordered that the registration statement for spot Bitcoin ETF of the duo First Trust and SkyBridge be declared as abandoned. The regulator confirmed that First Trust and SkyBridge had jointly filed a registration statement to register securities under Section 6(a) of the Securities Act of 1933.
Before the recent announcement from the U.S. regulator, the application had spent up to nine months on the SEC’s desk and was yet to become effective. First Trust SkyBridge was sent a notification informing them that the registration statement would be declared abandoned if no action is taken to either withdraw or amend the filing. Unfortunately, no response was received in this regard.
The lack of response or action from the asset managers prompted the decision of the SEC. It is worth noting that this is not the first time the duo would be applying to list spot Bitcoin ETF. In 2022, the SEC rejected the application as it did with others at the time.
The rejection followed an initial interest to list an ETF on the New York Stock Exchange in March 2021.
Crypto Attorney Jake Chervinsky Explains the Bear Case for a Spot Ether ETF Approval in May
Before your reading,
Don't miss coins like $MHT again! Click here to find new MHT!
http://money-heist-token.site.xyz/
Jake Chervinsky, CLO of Variant, a crypto-focused venture capital firm, explained that he was pessimistic about U.S. regulators approving a spot ether ETF this May. Chervinsky stated that the SEC’s combative attitude, willingness to go to court to fight this kind of approval, and lack of details on the initiative, signaled a bad outcome for a spot ethereum ETF.
Jake Chervinsky’s Pessimistic Approach to the Approval of a Spot Ether ETF
While greenlighting a series of spot bitcoin exchange-traded fund (ETF) products has ignited the hope of a quick approval of a similar ether-based product by the U.S. Securities and Exchange Commission (SEC), some are not so convinced. Jake Chervinsky, CLO of the crypto-focused VC firm Variant, believes that the SEC will not approve a spot ether ETF so easily, given the organization’s history of fighting crypto initiatives.
As part of the explanation for his bearish outcome, Chervinsky stated that the SEC “dislikes crypto as a concept, sees no value in the technology, and thinks attacking it is politically advantageous,” making it a natural enemy of these proposals. Due to this stance, Chervinsky believes that the SEC is ‘willing to take litigation risk and lose in court based on a preference for being viewed as “fighters” in a war against crypto.’
The political angle is also part of Chervisnly’s reasons for doubting a possible greenlighting of a spot ether trading fund this year. He detailed that the SEC might block this approval because it seeks to please elected officials “who have made anti-crypto a core part of their platform and vocally criticized the SEC for approving spot BTC ETFs.”
Also, Chervinsky states that the SEC has, until now, made little effort to convene on the details necessary for approving and listing such a product, perhaps to come up with new reasons for this denial.
Before your reading,
Don't miss coins like $MHT again! Click here to find new MHT!
http://money-heist-token.site.xyz/
Jake Chervinsky, CLO of Variant, a crypto-focused venture capital firm, explained that he was pessimistic about U.S. regulators approving a spot ether ETF this May. Chervinsky stated that the SEC’s combative attitude, willingness to go to court to fight this kind of approval, and lack of details on the initiative, signaled a bad outcome for a spot ethereum ETF.
Jake Chervinsky’s Pessimistic Approach to the Approval of a Spot Ether ETF
While greenlighting a series of spot bitcoin exchange-traded fund (ETF) products has ignited the hope of a quick approval of a similar ether-based product by the U.S. Securities and Exchange Commission (SEC), some are not so convinced. Jake Chervinsky, CLO of the crypto-focused VC firm Variant, believes that the SEC will not approve a spot ether ETF so easily, given the organization’s history of fighting crypto initiatives.
As part of the explanation for his bearish outcome, Chervinsky stated that the SEC “dislikes crypto as a concept, sees no value in the technology, and thinks attacking it is politically advantageous,” making it a natural enemy of these proposals. Due to this stance, Chervinsky believes that the SEC is ‘willing to take litigation risk and lose in court based on a preference for being viewed as “fighters” in a war against crypto.’
The political angle is also part of Chervisnly’s reasons for doubting a possible greenlighting of a spot ether trading fund this year. He detailed that the SEC might block this approval because it seeks to please elected officials “who have made anti-crypto a core part of their platform and vocally criticized the SEC for approving spot BTC ETFs.”
Also, Chervinsky states that the SEC has, until now, made little effort to convene on the details necessary for approving and listing such a product, perhaps to come up with new reasons for this denial.
TRON Network integrated with Token Terminal
TRON DAO has collaborated with Token Terminal, integrating the TRON network’s data into Token Terminal’s sophisticated suite of data analytics tools. This collaboration promises to transform the way investors and analysts access and leverage TRON’s data.
Token Terminal’s Data Partnership is a comprehensive on-chain data analytics service for L1s, L2s, and app-chains. It involves running nodes for a partner’s chain, making its data available in raw, decoded, and standardized formats across Token Terminal’s platforms and products, including the Terminal Pro, API, and Data Room.
Additionally, the partnership extends to cover qualitative aspects of the TRON network, including detailed research articles and regular podcast updates, enriching the data with deeper, contextual insights into the network.Oskari Tempakka, Head of Growth at Token Terminal, commented on the increasing demand for TRON network data: “At Token Terminal, we’ve observed a growing interest towards TRON among our institutional clients. The TRON network consistently ranks at the top for on-chain user activity, and holds a dominant lead in stablecoin transactions across all of crypto. We’re excited to offer our users the ability to delve deeper into the on-chain activity that’s driving TRON network’s growth and adoption.”
With the integration of TRON network’s data into Token Terminal, users gain access to a wide array of powerful data analytics tools. Key features include:
Standardized financial and alternative metrics: Conduct in-depth due diligence through the analysis of key financial and alternative metrics on the TRON network.
Comparative performance analysis: Compare TRON’s performance against other blockchain projects, to gain valuable insights about the network’s positioning.
Trending contracts: Analyze the top 1,000 trending contracts on TRON to uncover insights about the most dominant market sectors, projects, and smart contracts in the ecosystem.
TRON DAO has collaborated with Token Terminal, integrating the TRON network’s data into Token Terminal’s sophisticated suite of data analytics tools. This collaboration promises to transform the way investors and analysts access and leverage TRON’s data.
Token Terminal’s Data Partnership is a comprehensive on-chain data analytics service for L1s, L2s, and app-chains. It involves running nodes for a partner’s chain, making its data available in raw, decoded, and standardized formats across Token Terminal’s platforms and products, including the Terminal Pro, API, and Data Room.
Additionally, the partnership extends to cover qualitative aspects of the TRON network, including detailed research articles and regular podcast updates, enriching the data with deeper, contextual insights into the network.Oskari Tempakka, Head of Growth at Token Terminal, commented on the increasing demand for TRON network data: “At Token Terminal, we’ve observed a growing interest towards TRON among our institutional clients. The TRON network consistently ranks at the top for on-chain user activity, and holds a dominant lead in stablecoin transactions across all of crypto. We’re excited to offer our users the ability to delve deeper into the on-chain activity that’s driving TRON network’s growth and adoption.”
With the integration of TRON network’s data into Token Terminal, users gain access to a wide array of powerful data analytics tools. Key features include:
Standardized financial and alternative metrics: Conduct in-depth due diligence through the analysis of key financial and alternative metrics on the TRON network.
Comparative performance analysis: Compare TRON’s performance against other blockchain projects, to gain valuable insights about the network’s positioning.
Trending contracts: Analyze the top 1,000 trending contracts on TRON to uncover insights about the most dominant market sectors, projects, and smart contracts in the ecosystem.
Wyoming continues its nation-leading crusade into crypto
Wyoming lawmakers passed two new crypto-friendly laws during the 67th legislative budget session, and they’ve enacted about 30 since 2019. The Cowboy State continues to try and attract business from companies interested in blockchain, which is the underlying technology behind cryptocurrencies like Bitcoin.
One law, which has already been signed by Gov. Mark Gordon, provides a legal framework for Decentralized Autonomous Organizations (DAOs). This structure will set DAOs apart from traditional corporations, such as LLCs, and it could make Wyoming a major hub for crypto and other tech companies – similar to Delaware in the corporate world.
Several members of the blockchain industry have already praised this law, and proponents of it say it helps decentralize business and communication, particularly on the Internet.
“If you look at just Internet traffic broadly, we're been on this trend where the majority of it is really being either influenced or outright controlled by a small handful of some of these mega tech companies,” said Cyrus Western (R-Big Horn) during recent testimony. “This kind of decentralized technology approach using blockchain technology provides an alternative.”
Western said allowing firms to register in Wyoming could eventually provide the state with jobs, tax revenues and other forms of economic development. The law will come into effect on July 1.
The legislature also passed amendments – which Gordon has not signed yet – to the Wyoming Stable Token Act of 2023. This builds off of the state’s effort to create the first government-issued stable coin in the U.S.
The token creation process was delayed until later this year, but it's another first-of-its kind law that Wyoming politicians hope contributes to the state's strong crypto reputation. Theoretically, this could help make Wyoming a new center for a fast, cheap and secure digital economy, though many details and regulations have yet to surface.
Wyoming lawmakers passed two new crypto-friendly laws during the 67th legislative budget session, and they’ve enacted about 30 since 2019. The Cowboy State continues to try and attract business from companies interested in blockchain, which is the underlying technology behind cryptocurrencies like Bitcoin.
One law, which has already been signed by Gov. Mark Gordon, provides a legal framework for Decentralized Autonomous Organizations (DAOs). This structure will set DAOs apart from traditional corporations, such as LLCs, and it could make Wyoming a major hub for crypto and other tech companies – similar to Delaware in the corporate world.
Several members of the blockchain industry have already praised this law, and proponents of it say it helps decentralize business and communication, particularly on the Internet.
“If you look at just Internet traffic broadly, we're been on this trend where the majority of it is really being either influenced or outright controlled by a small handful of some of these mega tech companies,” said Cyrus Western (R-Big Horn) during recent testimony. “This kind of decentralized technology approach using blockchain technology provides an alternative.”
Western said allowing firms to register in Wyoming could eventually provide the state with jobs, tax revenues and other forms of economic development. The law will come into effect on July 1.
The legislature also passed amendments – which Gordon has not signed yet – to the Wyoming Stable Token Act of 2023. This builds off of the state’s effort to create the first government-issued stable coin in the U.S.
The token creation process was delayed until later this year, but it's another first-of-its kind law that Wyoming politicians hope contributes to the state's strong crypto reputation. Theoretically, this could help make Wyoming a new center for a fast, cheap and secure digital economy, though many details and regulations have yet to surface.
Bitcoin Fog Mastermind Roman Sterlingov Convicted in Landmark Crypto Money Laundering Case
Before you reading,
Don't miss coins like $MHT again! Click here to find new MHT!
http://money-heist-token.site.xyz/
Roman Sterlingov, the founder of Bitcoin Fog, has been convicted of laundering over 1.2 million bitcoins.
The conviction marks a significant development in the global crackdown on illicit cryptocurrency finance.
Groundbreaking Verdict in Crypto Legal Realm
Roman Sterlingov, a 35-year-old dual Russian-Swiss citizen, was found guilty of four charges, including money laundering and operating an unlicensed money transmitting business, via his Bitcoin Fog mixing service. The federal jury in Washington delivered the verdict after a month-long trial, highlighting Sterlingov’s involvement in facilitating the laundering of approximately $860 million worth of bitcoins tied to darknet marketplaces. The most severe charge against him carries a maximum sentence of 20 years in prison, setting a precedent in the legal challenges against crypto mixing services.
Implications for the Crypto Industry and Legal Framework
The conviction of Sterlingov is a landmark event, signaling the increasing scrutiny and regulatory efforts targeting the cryptocurrency sector, especially services that anonymize transactions. Legal experts suggest that this case could influence the outcomes of forthcoming trials related to crypto finance, including those of Tornado Cash developers. Moreover, the involvement of other convicted crypto criminals in testifying against Sterlingov indicates a growing trend of cooperation with authorities to uncover complex crypto laundering operations. This verdict also raises questions about the future of privacy-focused crypto services and the balance between innovation and compliance.
Before you reading,
Don't miss coins like $MHT again! Click here to find new MHT!
http://money-heist-token.site.xyz/
Roman Sterlingov, the founder of Bitcoin Fog, has been convicted of laundering over 1.2 million bitcoins.
The conviction marks a significant development in the global crackdown on illicit cryptocurrency finance.
Groundbreaking Verdict in Crypto Legal Realm
Roman Sterlingov, a 35-year-old dual Russian-Swiss citizen, was found guilty of four charges, including money laundering and operating an unlicensed money transmitting business, via his Bitcoin Fog mixing service. The federal jury in Washington delivered the verdict after a month-long trial, highlighting Sterlingov’s involvement in facilitating the laundering of approximately $860 million worth of bitcoins tied to darknet marketplaces. The most severe charge against him carries a maximum sentence of 20 years in prison, setting a precedent in the legal challenges against crypto mixing services.
Implications for the Crypto Industry and Legal Framework
The conviction of Sterlingov is a landmark event, signaling the increasing scrutiny and regulatory efforts targeting the cryptocurrency sector, especially services that anonymize transactions. Legal experts suggest that this case could influence the outcomes of forthcoming trials related to crypto finance, including those of Tornado Cash developers. Moreover, the involvement of other convicted crypto criminals in testifying against Sterlingov indicates a growing trend of cooperation with authorities to uncover complex crypto laundering operations. This verdict also raises questions about the future of privacy-focused crypto services and the balance between innovation and compliance.
Investor Interest in Altcoin Projects Surges
In Brief
Projects related to artificial intelligence, meme coins, dog-themed coins, and cat-themed coins are reviving interest in altcoin projects. The altcoin sector continues to revive as investors maintain their interest in such crypto assets during a period when Bitcoin reached its all-time high of $72,000.
Intense Investor Interest in Altcoin Projects
Analysts at the cryptocurrency exchange Bitfinex have reported in their latest weekly reports that investor interest in altcoin projects has diversified towards meme coins and artificial intelligence (AI) projects. The increased interest in altcoins is also reflected in the market value of the Total3 Index, which tracks the price performance of all cryptocurrencies excluding Bitcoin and Ethereum.
Last week, the index’s market value hovered around $640 billion, but this figure surpassed $700 billion, reaching a new peak of $720 billion for the first time in this cycle. Although the index’s market value is 33% below the all-time high of $960.78 billion recorded in November 2021, it has come a long way from the bear market levels of $450 billion, indicating significant growth in altcoin interest and investment.
AI-related projects, meme coins, dog-themed coins, and cat-themed coins are some of the driving forces behind the resurgence of altcoins. Bitfinex announced that meme coin and AI indices listed on Coingecko have increased by 32% and 38% respectively in the last seven days. In particular, cat-themed coins recorded a 64% gain last week, registering a cumulative market value of over $750 million.
What’s Happening in the Altcoin Market?
The increase in altcoin market value is associated with a rise in market activity on Ethereum, leading to higher transaction fees not seen in about two years. Last week, more than $190 million in fees were collected, putting the network’s fee revenue on track to exceed $10 billion annually.
In Brief
Projects related to artificial intelligence, meme coins, dog-themed coins, and cat-themed coins are reviving interest in altcoin projects. The altcoin sector continues to revive as investors maintain their interest in such crypto assets during a period when Bitcoin reached its all-time high of $72,000.
Intense Investor Interest in Altcoin Projects
Analysts at the cryptocurrency exchange Bitfinex have reported in their latest weekly reports that investor interest in altcoin projects has diversified towards meme coins and artificial intelligence (AI) projects. The increased interest in altcoins is also reflected in the market value of the Total3 Index, which tracks the price performance of all cryptocurrencies excluding Bitcoin and Ethereum.
Last week, the index’s market value hovered around $640 billion, but this figure surpassed $700 billion, reaching a new peak of $720 billion for the first time in this cycle. Although the index’s market value is 33% below the all-time high of $960.78 billion recorded in November 2021, it has come a long way from the bear market levels of $450 billion, indicating significant growth in altcoin interest and investment.
AI-related projects, meme coins, dog-themed coins, and cat-themed coins are some of the driving forces behind the resurgence of altcoins. Bitfinex announced that meme coin and AI indices listed on Coingecko have increased by 32% and 38% respectively in the last seven days. In particular, cat-themed coins recorded a 64% gain last week, registering a cumulative market value of over $750 million.
What’s Happening in the Altcoin Market?
The increase in altcoin market value is associated with a rise in market activity on Ethereum, leading to higher transaction fees not seen in about two years. Last week, more than $190 million in fees were collected, putting the network’s fee revenue on track to exceed $10 billion annually.
SPOT BITCOIN ETFS EXPERIENCE EPIC INFLOW SURGE, TRIGGERING EXPLOSIVE RALLY TO $60K – ARE YOU MISSING OUT?
After a slow February, spot Bitcoin ETF
inflows soared again! On February 13, all nine Bitcoin ETFs had $631 million in inflows.
Feb 12th, Spot Bitcoin ETFs bought 10 times more Bitcoin than miners produced. At least 10,280 BTC went to spot Bitcoin ETFs. That day, Bitcoin miners created 1,059 BTC, or 10% of spot ETFs.
shares of U.S.-listed crypto companies rose by 7% to 13%, boosted by bitcoin surpassing the $1 trillion market value for the first time in more than two years.
After a slow February, spot Bitcoin ETF
inflows soared again! On February 13, all nine Bitcoin ETFs had $631 million in inflows.
Feb 12th, Spot Bitcoin ETFs bought 10 times more Bitcoin than miners produced. At least 10,280 BTC went to spot Bitcoin ETFs. That day, Bitcoin miners created 1,059 BTC, or 10% of spot ETFs.
shares of U.S.-listed crypto companies rose by 7% to 13%, boosted by bitcoin surpassing the $1 trillion market value for the first time in more than two years.
FTX Token Price Jump Raises Hopes. Investors Prefer Meme Money Heist private Presale.
The FTX Token (FTT) has recently made waves after a significant price jump. This sudden increase in FTX token price has raised hopes for some traders within the crypto arena. However, many traders still believe Meme Money Heist (MHT) presale to be the better investment option.
Currently selling at a bargain price of $BNB 0.005 in its first stage of presale, Meme Money Heist (MHT) price is expected to surge further. But what factors are responsible for this expected future price increase?
FTX Token (FTT): Market Price Surges By 90%
The fundamentals responsible for this price surge are attributed to speculations that new investors are about to take over FTX Token (FTT). This is a glimmer of hope for FTX Token (FTT) enthusiasts as the platform considers a relaunch under new management.
MoneyHeist (MHT): New Memecoin Poised To Lead TheMemecoins Market
Meme MoneyHeist(MHT) continues to offer early investors lucrative returns as it proceeds with its private presale phase. As it stands, investors affected by the FTX Token (FTT) saga are jumping ship and joining the Meme MoneyHeist (MHT) community because of its impressive features and hopes of massive gains.
Meme MoneyHeist (MHT) has been a top choice for many traders thanks to its unique ecosystem. It introduces users to a fantasy trading game where virtual tokens are changed to tangible returns.
Another feature that makes Meme MoneyHeist (MHT) stand out from others in the memecoins industry is the strong security it offers to the holders of its tokens. It will successfully pass an audit by Solid Proof, an internationally recognized crypto audit firm. This guarantees investors that their investments are safe from potential hacks.
The forecast by industry analysts is that it has the potential to hit 100x by the end of this year. As a result, it makes for an impressive investment option.
check comment for more information
The FTX Token (FTT) has recently made waves after a significant price jump. This sudden increase in FTX token price has raised hopes for some traders within the crypto arena. However, many traders still believe Meme Money Heist (MHT) presale to be the better investment option.
Currently selling at a bargain price of $BNB 0.005 in its first stage of presale, Meme Money Heist (MHT) price is expected to surge further. But what factors are responsible for this expected future price increase?
FTX Token (FTT): Market Price Surges By 90%
The fundamentals responsible for this price surge are attributed to speculations that new investors are about to take over FTX Token (FTT). This is a glimmer of hope for FTX Token (FTT) enthusiasts as the platform considers a relaunch under new management.
MoneyHeist (MHT): New Memecoin Poised To Lead TheMemecoins Market
Meme MoneyHeist(MHT) continues to offer early investors lucrative returns as it proceeds with its private presale phase. As it stands, investors affected by the FTX Token (FTT) saga are jumping ship and joining the Meme MoneyHeist (MHT) community because of its impressive features and hopes of massive gains.
Meme MoneyHeist (MHT) has been a top choice for many traders thanks to its unique ecosystem. It introduces users to a fantasy trading game where virtual tokens are changed to tangible returns.
Another feature that makes Meme MoneyHeist (MHT) stand out from others in the memecoins industry is the strong security it offers to the holders of its tokens. It will successfully pass an audit by Solid Proof, an internationally recognized crypto audit firm. This guarantees investors that their investments are safe from potential hacks.
The forecast by industry analysts is that it has the potential to hit 100x by the end of this year. As a result, it makes for an impressive investment option.
check comment for more information
Futureverse Base Camp Accelerator Program by Outlier Ventures, have chosen seven startups companies for it’s inaugural class program.
The Futureverse Base Camp Accelerator Program’s inaugural class has been announced by Outlier Ventures. Out of 500 submissions received from all across the globe, seven companies were ultimately picked. There is one seed-stage startup and six pre-seed startups among them.
Started in October 2023, the 12-week accelerator program will teach participants how to establish a company from the ground up, including topics like as product roadmaps, community strategies, token economics and design, fundraising, and more.
By expanding upon the Root Network, a decentralized blockchain tailored to the metaverse, all of the chosen projects intend to hasten the expansion of the open metaverse. The winning teams will be guided by prominent figures in the gaming, entertainment, and artificial intelligence industries, among others.
Money heist token private presale is live !!
check comment to see telegram group.
The Futureverse Base Camp Accelerator Program’s inaugural class has been announced by Outlier Ventures. Out of 500 submissions received from all across the globe, seven companies were ultimately picked. There is one seed-stage startup and six pre-seed startups among them.
Started in October 2023, the 12-week accelerator program will teach participants how to establish a company from the ground up, including topics like as product roadmaps, community strategies, token economics and design, fundraising, and more.
By expanding upon the Root Network, a decentralized blockchain tailored to the metaverse, all of the chosen projects intend to hasten the expansion of the open metaverse. The winning teams will be guided by prominent figures in the gaming, entertainment, and artificial intelligence industries, among others.
Money heist token private presale is live !!
check comment to see telegram group.
Money Heist Token (MHT) is a decentralized cryptocurrency that draws inspiration from the hit television series "Money Heist" (La Casa de Papel). Operating on the Binance Smart Chain (BEP-20), MHT is designed to be a community-driven digital asset that captures the essence of the show while providing users with a secure, transparent, and accessible platform for exchanging value.
Our mission is to create a vibrant ecosystem where fans of the Money Heist series and cryptocurrency enthusiasts can come together to engage, transact, and participate in the evolution of decentralized finance (DeFi). By leveraging the innovative capabilities of blockchain technology, we aim to offer a seamless and immersive experience that resonates with the ethos of the show.
With a focus on security, transparency, and inclusivity, Money Heist Token strives to set new standards for excellence in the crypto space. By adhering to best practices. and implementing robust protocols, we ensure the integrity of our platform and the trust of our users.
check comment to see link to Private PreSale, Telegram and twitter.
MONEY HEIST TOKEN
Roadmap
Q1 2024:
-Launch of Money Heist Token (MHT) platform
-Listing on Coin Market Cap
-Audit by Certik
-Beta release of Vault App
Q2 2024:
-Official release of Vault App for iOS, Android, and Web platforms
-Launch of MHT NFTs Series
-Continued development and refinement of Vault App
Q3 2024:
-Introduction of MHTswap on the Binance Smart Chain
-Ongoing marketing efforts to promote Vault & Security adoption globally
-Outreach to developers for platform adoption, enhancing community confidence and safety in crypto transactions
Q4 2024 and Beyond:
-Further refinement and updates to the MHT Vault
-Exploration of community suggestions including an NFT marketplace, Play-2-Earn (P2E) game, and other potential expansions
#Write2Earn
Our mission is to create a vibrant ecosystem where fans of the Money Heist series and cryptocurrency enthusiasts can come together to engage, transact, and participate in the evolution of decentralized finance (DeFi). By leveraging the innovative capabilities of blockchain technology, we aim to offer a seamless and immersive experience that resonates with the ethos of the show.
With a focus on security, transparency, and inclusivity, Money Heist Token strives to set new standards for excellence in the crypto space. By adhering to best practices. and implementing robust protocols, we ensure the integrity of our platform and the trust of our users.
check comment to see link to Private PreSale, Telegram and twitter.
MONEY HEIST TOKEN
Roadmap
Q1 2024:
-Launch of Money Heist Token (MHT) platform
-Listing on Coin Market Cap
-Audit by Certik
-Beta release of Vault App
Q2 2024:
-Official release of Vault App for iOS, Android, and Web platforms
-Launch of MHT NFTs Series
-Continued development and refinement of Vault App
Q3 2024:
-Introduction of MHTswap on the Binance Smart Chain
-Ongoing marketing efforts to promote Vault & Security adoption globally
-Outreach to developers for platform adoption, enhancing community confidence and safety in crypto transactions
Q4 2024 and Beyond:
-Further refinement and updates to the MHT Vault
-Exploration of community suggestions including an NFT marketplace, Play-2-Earn (P2E) game, and other potential expansions
#Write2Earn
