An anonymous whale made a profit of $4.06 million in just 3 days with a 40x leveraged Bitcoin short position, followed by diversifying investments in Ethereum and PAX Gold. This whale is gaining attention for successful leveraged trades, demonstrating effective investment strategies.
Spanish authorities uncovered a $32.6 million bitcoin pyramid scheme, with victims from 36 countries, mainly in Spain. The fraudsters promised high returns and operated by paying old depositors with new deposits, a classic pyramid scheme tactic. Authorities froze bank accounts and seized assets, highlighting the dangers of unregulated crypto investments.
A whale sold WIF worth $1.09 million and bought about 1.68 million FARTCOIN 4 hours ago.
A Whale purchased 368,147 WIF with 1,299 SOL (worth $145,000) on February 19, 2024. 4 hours ago, the Whale sold $1.09 million worth of WIF and bought 1,687,606 FARTCOIN. The Whale made a profit of $952,000 in the WIF transaction.
1️⃣Gate.io Bigdata shows $862M in liquidations in 24 hours due to BTC and ETH volatility, with $356M in BTC and $107M in ETH. 2️⃣Nine Ethereum ETFs added 362,474 ETH over the past month. 3️⃣Coingecko reports stablecoin market cap hits $200.7B, a new all-time high. 4️⃣CME "FedWatch" gives a 70.1% chance of a 25bps Fed rate cut in December. 5️⃣SUI surpassed $4.4, up 19%, with TVL reaching $1.68B, both setting new records. #BTCRecoveredTo97K #SUIInTheSpotlight #AltcoinMarketWatch #CryptoHistoricMoment #CryptoMarketHype
South Korean official sentenced to five years in prison for embezzling $427,800 to invest in Cryptocurrency and stocks.
The Cheongju District Court in South Korea sentenced a public official of the Cheongju City Government to five years in prison for embezzlement. Over the seven-year period since January 2017, he embezzled 600 million Korean won ($427,800) for investment in cryptocurrency and stocks, as well as to repay personal debts. It was reported that he forged official documents as part of the plan. #ETHOnTheRise $ETH
The military claims to have launched an air strike on a village in the West Bank of the Jordan River.
The Israeli army issued a statement that it launched an air strike on the Palestinian village of Aqaba in the northeastern part of the West Bank, targeting a Palestinian armed group.
Zhengfan Technology: plans to acquire 30.5032% equity of Hongge Semiconductor with 336 million yuan
Zhengfan Technology announced that the company plans to use its own funds of 336 million yuan to acquire a total of 30.5032% equity of Hongge Semiconductor from minority shareholders. After the completion of this transaction, the company's direct shareholding in Hongge Semiconductor will increase from 60% to 90.5032%. #Share1BNBDaily #ETHOnTheRise $ETH
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