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Cryptocurrency Adventurer 🚀 | Binance Trading Maestro 💹 | Investor Extraordinaire | Let's Forge the Financial Frontier Together 💎 #CryptoLife
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Bullish
Anyone can make money in crypto, but the most important part is booking profits. Unrealized gains are not yours until you secure them. If you think you’re mentally weak or can’t trade with a proper plan, read books and work on your psychology study fundamentals do technical analysis. If you’re not winning today, that doesn’t mean you won’t win tomorrow. Just remember one thing. never stop gambling 🫶🏻📸 Follow us and stay on the winning side 👉🏻👈🏻 #ETHETFS #pizzaday #PEPE‏ #btc70k #BTC
Anyone can make money in crypto, but the most important part is booking profits. Unrealized gains are not yours until you secure them.

If you think you’re mentally weak or can’t trade with a proper plan, read books and work on your psychology study fundamentals do technical analysis.

If you’re not winning today, that doesn’t mean you won’t win tomorrow. Just remember one thing.

never stop gambling 🫶🏻📸

Follow us and stay on the winning side 👉🏻👈🏻

#ETHETFS #pizzaday #PEPE‏ #btc70k #BTC
this is starting of #ETH Etf approval days, in coming days we will have ETF approval too; after approval eth target will be new ATH, you can buy in spot. click on Eth below and buy in spot with dca $ETH ETH Long term target is 10,000$ I will guide you in coming days how to manage the future postions too. Dont worry if ETF rejected it will be accepted in next meeting, 19 4 b of ETF already in process next is S1 approvals. So please ready for a proper bulls run after eth approval. #ETHETFS #altcoins #BTC #MicroStrategy #buythedip
this is starting of #ETH Etf approval days, in coming days we will have ETF approval too; after approval eth target will be new ATH, you can buy in spot.

click on Eth below and buy in spot with dca
$ETH

ETH Long term target is 10,000$
I will guide you in coming days how to manage the future postions too. Dont worry if ETF rejected it will be accepted in next meeting, 19 4 b of ETF already in process next is S1 approvals. So please ready for a proper bulls run after eth approval.
#ETHETFS #altcoins #BTC #MicroStrategy #buythedip
🚨 Emergency Update #BTC & #ETHETFS : $BTC Currently Trading on 71030$ & its Coming From 71980$ Zone - & We consider it that we get Resistance for #BTC - So as You Know I told you in Previous Post Update - that We will Open Short Position On #BTC at the Price of 71500$ Zone Cause We Have a Big Resistance Zone there 72500$ & next Resistance is ATH - So Get Ready & take little Risk With Me Cause I know market Sentiments & this Drop Will Approach 52500$ Zone So Yes Take Trade on Short $BTC On the Other Hand $ETH is Currently Trading on 3745$ & its Coming From 3790$ Zone We Consider this As Resistance & We have a Strong Resistance on 3790$ - 3845$ Zone - So Be Prepared As You can see in the Chart of Ethereum Which is Posted there is 2 Purple Boxes which indicates you Resistance Zone - if this time Rejects We might be Seen the Price of Ethereum on 3000$ - & last Stop of Ethereum on 2450$ then Free Fall Starts ! Just Tap on Follow to appreciate our Works ! My Positions for Bitcoin & Ethereum - Direction Short for Both ! Entry for Bitcoin : 71250$ & Stoploss 75500 Cause on 75000$ we have a Big Liquidations Sweeps there - on the other hands Entry for Ethereum 3745$ Short i take DCA on Ethereum above 4000$ Levels - Stoploss 4475$ Now I am Using my 9% of the wallets for these trades when I take dca I use 21% of the wallets total size of my wallet after dca - I use 30% for Both Positions ! #BTC
🚨 Emergency Update #BTC & #ETHETFS :

$BTC Currently Trading on 71030$ & its Coming From 71980$ Zone - & We consider it that we get Resistance for #BTC - So as You Know I told you in Previous Post Update - that We will Open Short Position On #BTC at the Price of 71500$ Zone Cause We Have a Big Resistance Zone there 72500$ & next Resistance is ATH - So Get Ready & take little Risk With Me Cause I know market Sentiments & this Drop Will Approach 52500$ Zone So Yes Take Trade on Short $BTC

On the Other Hand
$ETH is Currently Trading on 3745$ & its Coming From 3790$ Zone We Consider this As Resistance & We have a Strong Resistance on 3790$ - 3845$ Zone - So Be Prepared As You can see in the Chart of Ethereum Which is Posted there is 2 Purple Boxes which indicates you Resistance Zone - if this time Rejects We might be Seen the Price of Ethereum on 3000$ - & last Stop of Ethereum on 2450$ then Free Fall Starts !

Just Tap on Follow to appreciate our Works !
My Positions for Bitcoin & Ethereum - Direction Short for Both !

Entry for Bitcoin : 71250$ & Stoploss 75500 Cause on 75000$ we have a Big Liquidations Sweeps there - on the other hands
Entry for Ethereum 3745$ Short i take DCA on Ethereum above 4000$ Levels - Stoploss 4475$

Now I am Using my 9% of the wallets for these trades when I take dca I use 21% of the wallets total size of my wallet after dca - I use 30% for Both Positions !

#BTC
The incredible story of how he lost 99,000 Bitcoins worth $6 billion today. In 2010, a Chinese named Wei Zhang invested $10 in Bitcoin, acquiring thousands of coins when they were worth less than a penny. As Bitcoin's value skyrocketed, Wei's investment turned into a small fortune. With his newfound wealth and technical prowess, Wei built the world's first crypto margin exchange, CryptoLeap, in 2014. By 2017, Wei had accumulated 99,000 BTC, worth billions. However, in early 2018, a sophisticated phishing attack compromised CryptoLeap's security. Hackers stole Wei's entire Bitcoin fortune, now valued at $6 billion. The incident led to the collapse of CryptoLeap and Wei's resignation. Despite the catastrophic loss, Wei channeled his experience into cybersecurity, becoming a mentor and advocate for stronger protections in the crypto industry, ensuring his hard-learned lessons would protect future investors. Please follow, like and share ! $BTC $ETH $PEPE #ETHETFS #btc70k #BinanceLaunchpool #BTC #bitcoin
The incredible story of how he lost 99,000 Bitcoins worth $6 billion today.

In 2010, a Chinese
named Wei Zhang invested $10 in Bitcoin, acquiring thousands of coins when they were worth less than a penny. As Bitcoin's value skyrocketed, Wei's investment turned into a small fortune. With his newfound wealth and technical prowess, Wei built the world's first crypto margin exchange, CryptoLeap, in 2014.

By 2017, Wei had accumulated 99,000 BTC, worth billions. However, in early 2018, a sophisticated phishing attack compromised CryptoLeap's security. Hackers stole Wei's entire Bitcoin fortune, now valued at $6 billion. The incident led to the collapse of CryptoLeap and Wei's resignation.

Despite the catastrophic loss, Wei channeled his experience into cybersecurity, becoming a mentor and advocate for stronger protections in the crypto industry, ensuring his hard-learned lessons would protect future investors.

Please follow, like and share !

$BTC $ETH $PEPE

#ETHETFS #btc70k #BinanceLaunchpool #BTC #bitcoin
How Much Would $100 Get You if Shiba Inu Hits $0.001? As most market watchers and analytical resources have affirmed, it is possible for Shiba Inu to hit the $0.001 price level. However, they have advised caution as the price target is not guaranteed. Shiba Inu would require a 3,835% rally to hit $0.001. While such a rally is entirely possible for the asset, it remains likely given current market conditions of bull market. The Shiba Inu community has welcomed the emergence of several projects, including Shibacals and Shibarium, which aim to provide utility. Notably, a more realistic price target for Shiba Inu is its all-time high of $0.00008845 attained in October 2021. Having hit the price target in the past, market watchers believe SHIB has a better chance at reclaiming $0.00008845 than hitting $0.001. However, if SHIB reclaims its ATH, a $100 investment would yield $348. At current price of $0.00002541,$100 will give you 3,935,458 If SHIBA INU hits $0.0001, $100 will be $3,935. Thank you guys for reading, remember to follow, like and share. $SHIB $ETH $PEPE #ETHETFS #altcoins #BTC #BlackRock #MicroStrategy
How Much Would $100 Get You if Shiba Inu Hits $0.001?

As most market watchers and analytical resources have affirmed, it is possible for Shiba Inu to hit the $0.001 price level.

However, they have advised caution as the price target is not guaranteed. Shiba Inu would require a 3,835% rally to hit $0.001.

While such a rally is entirely possible for the asset, it remains likely given current market conditions of bull market. The Shiba Inu community has welcomed the emergence of several projects, including Shibacals and Shibarium, which aim to provide utility.

Notably, a more realistic price target for Shiba Inu is its all-time high of $0.00008845 attained in October 2021. Having hit the price target in the past, market watchers believe SHIB has a better chance at reclaiming $0.00008845 than hitting $0.001. However, if SHIB reclaims its ATH, a $100 investment would yield $348.

At current price of $0.00002541,$100 will give you 3,935,458 If SHIBA INU hits $0.0001, $100 will be $3,935.

Thank you guys for reading, remember to follow, like and share.

$SHIB $ETH $PEPE
#ETHETFS #altcoins #BTC #BlackRock #MicroStrategy
If $BTC makes a new ATH it’s time to exit crypto until December. This post might get a lot of hate,but I’m right. If we see $BTC rally above $75-$80k region and pump ALTs 20-30% in the next month i will be converting 80% of my ALT portfolio to USDT, I will hold $BTC and locked BNB and a few other holdings I have from previous years,nothing more. My reasoning(very simplified) Most importantly I’m in profit on ALL my holdings.(we are here to make money) If you follow in-depth financial news and understand it you know there is a storm brewing.(I could write for days, it’s to much information for here, if you know you know) The market is saturated with absolute garbage projects sucking liquidity,face the facts ,95% of crypto is absolute garbage, the 5% that is not garbage has not been widely adopted enough to justify its current valuation. I can name 10 reasons off the top of my head why we could see Crypto fall between now and December and other than the BTC halving I can’t find a single reason why we would see another parabolic bull run. The US elections are nearing, I honestly don’t want my profits at risk because of the stance the next US president takes on Crypto,i also don’t want them in the hands of what Jerome Powell says in coming months. We have had a bull run,a substantial one if bitcoin hits the 80k range and alts pump further, at some point market cap has to equate to value and we have projects valued at billions generating 50k a year in fees,its a bubble. Holding BTC from previous years and locked BNB for me is a no brainer, bitcoin regardless of whatever comes will hold value, BNB is backed and also farms. Holding USDT allows me the freedom to take a step back and research projects I think will actually have a future and worth further investment,I research daily but I would much prefer a non biased view based on what I currently hold. These are just my thoughts I don’t want to influence your decisions in any way. I will keep researching and keep posting regardless. Peace #ETHETFS #btc70k #BTC #MicroStrategy #buythedip
If $BTC makes a new ATH it’s time to exit crypto until December.

This post might get a lot of hate,but I’m right.
If we see $BTC rally above $75-$80k region and pump ALTs 20-30% in the next month i will be converting 80% of my ALT portfolio to USDT, I will hold $BTC and locked BNB and a few other holdings I have from previous years,nothing more.

My reasoning(very simplified)
Most importantly I’m in profit on ALL my holdings.(we are here to make money)
If you follow in-depth financial news and understand it you know there is a storm brewing.(I could write for days, it’s to much information for here, if you know you know)
The market is saturated with absolute garbage projects sucking liquidity,face the facts ,95% of crypto is absolute garbage, the 5% that is not garbage has not been widely adopted enough to justify its current valuation.

I can name 10 reasons off the top of my head why we could see Crypto fall between now and December and other than the BTC halving I can’t find a single reason why we would see another parabolic bull run.

The US elections are nearing, I honestly don’t want my profits at risk because of the stance the next US president takes on Crypto,i also don’t want them in the hands of what Jerome Powell says in coming months.

We have had a bull run,a substantial one if bitcoin hits the 80k range and alts pump further, at some point market cap has to equate to value and we have projects valued at billions generating 50k a year in fees,its a bubble.

Holding BTC from previous years and locked BNB for me is a no brainer, bitcoin regardless of whatever comes will hold value, BNB is backed and also farms.

Holding USDT allows me the freedom to take a step back and research projects I think will actually have a future and worth further investment,I research daily but I would much prefer a non biased view based on what I currently hold.

These are just my thoughts I don’t want to influence your decisions in any way.

I will keep researching and keep posting regardless.

Peace

#ETHETFS #btc70k #BTC #MicroStrategy #buythedip
$ETH /𝐔𝐒𝐃𝐓 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: Ethereum has demonstrated a significant recovery, swiftly rising from a 2-month low to 𝟯𝟲𝟭𝟴.𝟳𝟬 𝗨𝗦𝗗𝗧, a gain of +𝟭𝟳.𝟲𝟯%. This bullish trend is underscored by the potential breakout above the 𝟯𝟳𝟯𝟬 𝗨𝗦𝗗𝗧 resistance level. A successful breach here could quickly moves ETH towards its all-time high of 𝟰𝟬𝟬𝟬 𝗨𝗦𝗗𝗧, making it a profitable moment for investors. 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤: The current market conditions suggest a strong buying in $ETH , and the approaching resistance level presents an important stage for investors considering entry 𝟯𝟳𝟯𝟬 𝗨𝗦𝗗𝗧, the breach of this poinylt could signal a uprise its price more. So, have a close eye to this key resistance as a potential indicator for a strategic investment move. 𝑅𝑒𝑚𝑒𝑚𝑏𝑒𝑟 𝑎𝑙𝑤𝑎𝑦𝑠 𝐷𝑌𝑂𝑅! #ETHETFS #altcoins #MicroStrategy #BTC #bitcoin
$ETH /𝐔𝐒𝐃𝐓 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

Ethereum has demonstrated a significant recovery, swiftly rising from a 2-month low to 𝟯𝟲𝟭𝟴.𝟳𝟬 𝗨𝗦𝗗𝗧, a gain of +𝟭𝟳.𝟲𝟯%. This bullish trend is underscored by the potential breakout above the 𝟯𝟳𝟯𝟬 𝗨𝗦𝗗𝗧 resistance level. A successful breach here could quickly moves ETH towards its all-time high of 𝟰𝟬𝟬𝟬 𝗨𝗦𝗗𝗧, making it a profitable moment for investors.

𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤:

The current market conditions suggest a strong buying in $ETH , and the approaching resistance level presents an important stage for investors considering entry 𝟯𝟳𝟯𝟬 𝗨𝗦𝗗𝗧, the breach of this poinylt could signal a uprise its price more. So, have a close eye to this key resistance as a potential indicator for a strategic investment move.

𝑅𝑒𝑚𝑒𝑚𝑏𝑒𝑟 𝑎𝑙𝑤𝑎𝑦𝑠 𝐷𝑌𝑂𝑅!

#ETHETFS #altcoins #MicroStrategy #BTC #bitcoin
🚀🚀 Hold onto your hats, BTC enthusiasts! Ether (ETH) just rocketed 10% in a matter of minutes on Monday, following whispers of a potential spot ETF in the US. ETH was trading at $3150 at 17:44 UTC, before skyrocketing to $3450 in less than half an hour. 📈 This sudden surge came after a tweet from Bloomberg ETF analyst Eric Balchunas, who, along with his partner James Seyffart, increased their odds of an ETH ETF approval this month from 25% to a whopping 75%! 🎲 This optimism comes on the heels of the US House and Senate passing H.J.Res.109, a resolution to scrap an anti-crypto banking rule previously established by the SEC. Despite President Joe Biden's vow to veto the act, it passed with bipartisan support, indicating a shift in the Democratic party's stance on crypto. 🏛️ Seyffart confirmed that their accounts were not hacked and that their odds changes were based on input from multiple sources. "Should see a bunch of filings over coming days if we're correct," he added. 📝 And guess what? Bitcoin also got a boost from the news, rising 5% to $69,850 on Monday. The crypto market has seen $226 million in liquidations in the past 24 hours, according to Coinglass. 🎉 So, keep your eyes peeled, crypto fans! Things are heating up in the crypto world, and it's an exciting time to be a BTC enthusiast! 🚀🌕 #ETHETFS #altcoins #BTC #MicroStrategy #bitcoin $ETH
🚀🚀 Hold onto your hats, BTC enthusiasts! Ether (ETH) just rocketed 10% in a matter of minutes on Monday, following whispers of a potential spot ETF in the US. ETH was trading at $3150 at 17:44 UTC, before skyrocketing to $3450 in less than half an hour. 📈

This sudden surge came after a tweet from Bloomberg ETF analyst Eric Balchunas, who, along with his partner James Seyffart, increased their odds of an ETH ETF approval this month from 25% to a whopping 75%! 🎲

This optimism comes on the heels of the US House and Senate passing H.J.Res.109, a resolution to scrap an anti-crypto banking rule previously established by the SEC. Despite President Joe Biden's vow to veto the act, it passed with bipartisan support, indicating a shift in the Democratic party's stance on crypto. 🏛️

Seyffart confirmed that their accounts were not hacked and that their odds changes were based on input from multiple sources. "Should see a bunch of filings over coming days if we're correct," he added. 📝

And guess what? Bitcoin also got a boost from the news, rising 5% to $69,850 on Monday. The crypto market has seen $226 million in liquidations in the past 24 hours, according to Coinglass. 🎉

So, keep your eyes peeled, crypto fans! Things are heating up in the crypto world, and it's an exciting time to be a BTC enthusiast! 🚀🌕
#ETHETFS #altcoins #BTC #MicroStrategy #bitcoin
$ETH
$BTC > Dollar, why? Bitcoin has a maximum supply of 21 million coins, meaning there will never be more than 21 million bitcoins in existence. This limit was set by its creator, Satoshi Nakamoto, to make bitcoin scarce, like gold. As people "mine" bitcoins by solving complex puzzles, they are rewarded with new bitcoins, but this reward gets smaller over time. Eventually, around the year 2140, no more bitcoins will be mined, and the total will reach 21 million. This scarcity helps make bitcoin valuable because, like rare items, there’s a limited amount available. #altcoins #BinanceLaunchpool #BlackRock #BTC #ETHETFS
$BTC > Dollar, why?

Bitcoin has a maximum supply of 21 million coins, meaning there will never be more than 21 million bitcoins in existence.

This limit was set by its creator, Satoshi Nakamoto, to make bitcoin scarce, like gold.

As people "mine" bitcoins by solving complex puzzles, they are rewarded with new bitcoins, but this reward gets smaller over time.

Eventually, around the year 2140, no more bitcoins will be mined, and the total will reach 21 million.

This scarcity helps make bitcoin valuable because, like rare items, there’s a limited amount available.
#altcoins #BinanceLaunchpool #BlackRock #BTC #ETHETFS
🌋🔥El Salvador Government Has Been Mining 15 Bitcoins (BTC) Per Month Using Volcano Energy Since 2021 According to current official records, the Bitcoin bull country of #ElSalvador has extracted 474 Bitcoins from the country's pollution-free Bitcoin mining firm. El Salvador is a popular country in the world due to the high propensity for Bitcoin. in early 2021, this country showed its Bitcoin bull intent and finally introduced Bitcoin as a legal currency in September 2021 under the leadership of the country's president Nayib Bukele. As we know, in 2021, the government of El Salvador decided to use the country's abundant free volcano energy in Bitcoin mining operations in order to produce new Bitcoins for the country's treasury fund. The report stated that the country has so far produced 474 #BTC worth about $29.6 million at current prices using the geothermal power plant fed by the Tecapa volcano in the east central region of the country. The Tecapa Volcano in the country can produce a relatively small amount of energy, but this energy is enough for 300 Bitcoin mining processors. The country uses 1.5 megawatts (MW) of the 102 MW generated by the volcano power plant for Bitcoin mining. Alternatively, we can say that 0.75% of the electricity plant is used for Bitcoin mining to power the Bitcoin blockchain network and provide Bitcoin revenue to the country. Since 2021, the country has purchased 5,750 Bitcoins, which, in addition to mining 474 Bitcoins, is worth about $ 354 million at the current commercial price of Bitcoin. Also, the government of El Salvador recently supported the Bitcoin Office and shared that various crypto mining groups such as Foundry USA, Antpool, ViaBTC, F2Pool and Binance Pool are working together to earn Bitcoin rewards by participating in Bitcoin mining operations using a geothermal power plant. in the last three years. El Salvador Bitcoin Website A week ago, we reported that El Salvador had opened its official bitcoin-focused website to provide full real-time information about the country's Bitcoin assets. #BTC
🌋🔥El Salvador Government Has Been Mining 15 Bitcoins (BTC) Per Month Using Volcano Energy Since 2021
According to current official records, the Bitcoin bull country of #ElSalvador has extracted 474 Bitcoins from the country's pollution-free Bitcoin mining firm.

El Salvador is a popular country in the world due to the high propensity for Bitcoin. in early 2021, this country showed its Bitcoin bull intent and finally introduced Bitcoin as a legal currency in September 2021 under the leadership of the country's president Nayib Bukele.

As we know, in 2021, the government of El Salvador decided to use the country's abundant free volcano energy in Bitcoin mining operations in order to produce new Bitcoins for the country's treasury fund.

The report stated that the country has so far produced 474 #BTC worth about $29.6 million at current prices using the geothermal power plant fed by the Tecapa volcano in the east central region of the country.

The Tecapa Volcano in the country can produce a relatively small amount of energy, but this energy is enough for 300 Bitcoin mining processors.

The country uses 1.5 megawatts (MW) of the 102 MW generated by the volcano power plant for Bitcoin mining. Alternatively, we can say that 0.75% of the electricity plant is used for Bitcoin mining to power the Bitcoin blockchain network and provide Bitcoin revenue to the country.

Since 2021, the country has purchased 5,750 Bitcoins, which, in addition to mining 474 Bitcoins, is worth about $ 354 million at the current commercial price of Bitcoin.

Also, the government of El Salvador recently supported the Bitcoin Office and shared that various crypto mining groups such as Foundry USA, Antpool, ViaBTC, F2Pool and Binance Pool are working together to earn Bitcoin rewards by participating in Bitcoin mining operations using a geothermal power plant. in the last three years.

El Salvador Bitcoin Website
A week ago, we reported that El Salvador had opened its official bitcoin-focused website to provide full real-time information about the country's Bitcoin assets.
#BTC
🔹 A new wallet identified as 0x558 received 3,700 $ETH (approximately $11.53M) from GalaxyDigital, which was then transferred to a Coinbase account. Simultaneously, GalaxyDigital deposited 1,300 $ETH (about $4.05M) into Bitstamp. In total, 5,000 $ETH (around $15.58M) was deposited. #CMEBitcoinSpotTrading #MemeWatch2024 #ETHETFS #BTC #altcoins
🔹 A new wallet identified as 0x558 received 3,700 $ETH (approximately $11.53M) from GalaxyDigital, which was then transferred to a Coinbase account.

Simultaneously, GalaxyDigital deposited 1,300 $ETH (about $4.05M) into Bitstamp.

In total, 5,000 $ETH (around $15.58M) was deposited.
#CMEBitcoinSpotTrading #MemeWatch2024 #ETHETFS #BTC #altcoins
US Treasury Department Released a Statement About Cryptocurrencies! The US Treasury Department has published a new report about cryptocurrencies. The report also includes details about the upcoming period. The US Treasury Department has expressed its intention to enhance anti-money laundering and counter-terrorism financing measures regarding digital assets. The Ministry published the 2024 "National Strategy to Combat Terrorism and Other Illegal Financing" strategy today. The document outlines its priorities in combating illicit financing and notes its ongoing work on cryptocurrencies. These efforts include sanctions against some exchanges and groups such as Bitzlato and Lazarus, and the agreement with Binance. The strategy document identified four key priorities: closing gaps in anti-money laundering regulations, supporting a more effective and risk-focused framework, improving the effectiveness of law enforcement and leveraging technological innovations. The document suggests that updating existing regulatory frameworks for cryptocurrencies would support these priorities. This could include working on global implementation of Financial Action Task Force standards, as well as potential updates to the U.S. regulatory framework to combat money laundering and terrorist financing. “Successful application of the existing Anti-Money Laundering and Countering the Financing of Terrorism oversight and enforcement framework to virtual asset activities requires the United States to allocate adequate oversight and enforcement resources and provide analysts with greater expertise on new technologies, including the analysis of publicly available blockchain data.” “This requires continuing to invest in technology and training for inspectors and regulators.” During the press conference, a Treasury official revealed that Deputy Treasury Secretary Wally Adeyemo and Undersecretary for Terrorism and Financial Intelligence Brian Nelson discussed with lawmakers the department's request for greater authority and oversight regarding certain crypto issues. #ETHETFS
US Treasury Department Released a Statement About Cryptocurrencies!

The US Treasury Department has published a new report about cryptocurrencies. The report also includes details about the upcoming period.

The US Treasury Department has expressed its intention to enhance anti-money laundering and counter-terrorism financing measures regarding digital assets.

The Ministry published the 2024 "National Strategy to Combat Terrorism and Other Illegal Financing" strategy today. The document outlines its priorities in combating illicit financing and notes its ongoing work on cryptocurrencies. These efforts include sanctions against some exchanges and groups such as Bitzlato and Lazarus, and the agreement with Binance.

The strategy document identified four key priorities: closing gaps in anti-money laundering regulations, supporting a more effective and risk-focused framework, improving the effectiveness of law enforcement and leveraging technological innovations.

The document suggests that updating existing regulatory frameworks for cryptocurrencies would support these priorities. This could include working on global implementation of Financial Action Task Force standards, as well as potential updates to the U.S. regulatory framework to combat money laundering and terrorist financing.

“Successful application of the existing Anti-Money Laundering and Countering the Financing of Terrorism oversight and enforcement framework to virtual asset activities requires the United States to allocate adequate oversight and enforcement resources and provide analysts with greater expertise on new technologies, including the analysis of publicly available blockchain data.” “This requires continuing to invest in technology and training for inspectors and regulators.”

During the press conference, a Treasury official revealed that Deputy Treasury Secretary Wally Adeyemo and Undersecretary for Terrorism and Financial Intelligence Brian Nelson discussed with lawmakers the department's request for greater authority and oversight regarding certain crypto issues.
#ETHETFS
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