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🚨 Bad News for Bitcoin and Altcoins from US President Biden!🚨
U.S. President Joe Biden has just announced that he vetoed a House Joint Resolution aimed at repealing Staff Accounting Bulletin 121 (SAB 121) from the U.S. Securities and Exchange Commission (SEC).
🔍 **What is SAB 121?**
SAB 121 is an SEC accounting guideline that requires financial institutions holding cryptocurrencies for customers to keep these assets on their own balance sheets. Critics argue this makes it challenging for financial institutions to collaborate with crypto companies.
During his veto decision, President Biden emphasized his commitment to protecting consumers and investors, stating he won't support "any measures that would jeopardize the welfare of consumers and investors." 🛡️
“By invoking the Congressional Review Act, this Republican-led decision would inappropriately restrict the SEC's ability to establish appropriate guardrails and address future issues,” Biden explained.
He reiterated his desire to work with Congress on legislation for the digital asset market, stressing the need for "appropriate guardrails that protect consumers and investors." 🏦👥
Earlier on Friday, Senator Ron Wyden (D-Ore.), a member of Biden's party who voted for the resolution, expressed concerns at the Consensus 2024 conference. He noted that this guidance sets a different standard for crypto compared to other assets in the financial sector.
$BTC $ETH $BNB
#Biden #Biden #Biden #Biden #Biden
U.S. President Joe Biden has just announced that he vetoed a House Joint Resolution aimed at repealing Staff Accounting Bulletin 121 (SAB 121) from the U.S. Securities and Exchange Commission (SEC).
🔍 **What is SAB 121?**
SAB 121 is an SEC accounting guideline that requires financial institutions holding cryptocurrencies for customers to keep these assets on their own balance sheets. Critics argue this makes it challenging for financial institutions to collaborate with crypto companies.
During his veto decision, President Biden emphasized his commitment to protecting consumers and investors, stating he won't support "any measures that would jeopardize the welfare of consumers and investors." 🛡️
“By invoking the Congressional Review Act, this Republican-led decision would inappropriately restrict the SEC's ability to establish appropriate guardrails and address future issues,” Biden explained.
He reiterated his desire to work with Congress on legislation for the digital asset market, stressing the need for "appropriate guardrails that protect consumers and investors." 🏦👥
Earlier on Friday, Senator Ron Wyden (D-Ore.), a member of Biden's party who voted for the resolution, expressed concerns at the Consensus 2024 conference. He noted that this guidance sets a different standard for crypto compared to other assets in the financial sector.
$BTC $ETH $BNB
#Biden #Biden #Biden #Biden #Biden
PINNED
🎉🚀 Dear Binance Square Community🚀🎉
I am absolutely thrilled to announce that we've reached a remarkable milestone together: 200,000 followers! 🎊🎈
🙌 Your unwavering support, enthusiasm, and engagement have propelled us to new heights. Whether you're a seasoned crypto trader, a curious newcomer, or simply a passionate advocate for blockchain technology, your presence in our community is invaluable. 🌟
🌐 Binance Square is more than just a platform; it's a vibrant ecosystem where ideas flourish, knowledge is shared, and friendships are forged. From insightful discussions about the latest market trends to celebrating the highs and navigating the lows, each one of you contributes to the heartbeat of our community. 📈💙
🙏 Thank You 🙏
🌟 To our dedicated moderators and admins: Your tireless efforts in maintaining a positive and informative space do not go unnoticed. You're the unsung heroes who keep the conversations respectful and the memes hilarious. 🛡️👏
🌟 To the developers, analysts, and researchers: Your expertise fuels our collective understanding of cryptocurrencies. Your charts, analyses, and predictions light the way through the crypto wilderness. 📊🔍
🌟 To the traders and hodlers: Your passion and resilience inspire us all. Whether you're riding the bull or weathering the bear, you're the heartbeat of Binance Square. 💪💎
🌟 To the meme lords and GIF aficionados: Your creativity adds color to our days. Keep those memes coming—they're the glue that binds us! 🎨😄
🌟 To Binance Square Team: Your vision, dedication, and commitment to excellence have transformed this community into a thriving hub. Thank you for creating a space where knowledge flows freely, and friendships are forged. 🙌🌐
🚀 Let's continue to learn, grow, and celebrate together. The journey ahead is filled with exciting developments, regulatory shifts, and perhaps even a moonshot or two. 🌙🚀
#200K #ThankYou #BinanceSquare
I am absolutely thrilled to announce that we've reached a remarkable milestone together: 200,000 followers! 🎊🎈
🙌 Your unwavering support, enthusiasm, and engagement have propelled us to new heights. Whether you're a seasoned crypto trader, a curious newcomer, or simply a passionate advocate for blockchain technology, your presence in our community is invaluable. 🌟
🌐 Binance Square is more than just a platform; it's a vibrant ecosystem where ideas flourish, knowledge is shared, and friendships are forged. From insightful discussions about the latest market trends to celebrating the highs and navigating the lows, each one of you contributes to the heartbeat of our community. 📈💙
🙏 Thank You 🙏
🌟 To our dedicated moderators and admins: Your tireless efforts in maintaining a positive and informative space do not go unnoticed. You're the unsung heroes who keep the conversations respectful and the memes hilarious. 🛡️👏
🌟 To the developers, analysts, and researchers: Your expertise fuels our collective understanding of cryptocurrencies. Your charts, analyses, and predictions light the way through the crypto wilderness. 📊🔍
🌟 To the traders and hodlers: Your passion and resilience inspire us all. Whether you're riding the bull or weathering the bear, you're the heartbeat of Binance Square. 💪💎
🌟 To the meme lords and GIF aficionados: Your creativity adds color to our days. Keep those memes coming—they're the glue that binds us! 🎨😄
🌟 To Binance Square Team: Your vision, dedication, and commitment to excellence have transformed this community into a thriving hub. Thank you for creating a space where knowledge flows freely, and friendships are forged. 🙌🌐
🚀 Let's continue to learn, grow, and celebrate together. The journey ahead is filled with exciting developments, regulatory shifts, and perhaps even a moonshot or two. 🌙🚀
#200K #ThankYou #BinanceSquare
You won't believe it but you can Earn Free Bitcoins In 2024 as well.
This Is the most OG website in crypto space since long which is paying free bitcoins each hour, just for completing the captcha. the amount you get is not big enough but if you get any lucky number between 9998-10000, you will receive a decent amount.
Here You Can Join: https://tinyurl.com/4ucenes9
i will post many updates on this , because this is really Amazing.
#FreeBitcoin #bitcoin #EarnFreeBitcoin
This Is the most OG website in crypto space since long which is paying free bitcoins each hour, just for completing the captcha. the amount you get is not big enough but if you get any lucky number between 9998-10000, you will receive a decent amount.
Here You Can Join: https://tinyurl.com/4ucenes9
i will post many updates on this , because this is really Amazing.
#FreeBitcoin #bitcoin #EarnFreeBitcoin
🚨 History was made in the world of #Bitcoin! On July 1, 2021, the network experienced its longest-ever block time of 2 hours and 19 minutes 🕰️, spanning blocks 689300 and 689301! This significant event is a testament to the dynamic nature of the decentralized #Bitcoin network and serves as a valuable learning experience for future development.
The block time is a critical aspect of the Bitcoin network's operation, influencing transaction speed and overall network efficiency ⚙️. So, what does this historical event mean for the network?
Here are a few takeaways:
1️⃣ **Block time benchmark**: This record-breaking event sets a new standard for block times, allowing developers to work towards improving the network's efficiency.
2️⃣ **Network performance insights**: This prolonged block time provides valuable information on the network's performance and potential bottlenecks that need to be addressed.
3️⃣ **Optimization opportunities**: This event highlights areas for improvement, driving further research and development to optimize the Bitcoin network's operation.
In conclusion, this record-breaking block time marks a significant moment in Bitcoin's history, offering valuable insights into the network's operation and serving as a benchmark for future development.
The Bitcoin can use this experience to drive further innovation and optimization, ensuring the continued growth and success of the world's leading cryptocurrency! 💥
#CryptoCrash
#EthereumETF
#FOMCMeeting
#BlockchainNews
The block time is a critical aspect of the Bitcoin network's operation, influencing transaction speed and overall network efficiency ⚙️. So, what does this historical event mean for the network?
Here are a few takeaways:
1️⃣ **Block time benchmark**: This record-breaking event sets a new standard for block times, allowing developers to work towards improving the network's efficiency.
2️⃣ **Network performance insights**: This prolonged block time provides valuable information on the network's performance and potential bottlenecks that need to be addressed.
3️⃣ **Optimization opportunities**: This event highlights areas for improvement, driving further research and development to optimize the Bitcoin network's operation.
In conclusion, this record-breaking block time marks a significant moment in Bitcoin's history, offering valuable insights into the network's operation and serving as a benchmark for future development.
The Bitcoin can use this experience to drive further innovation and optimization, ensuring the continued growth and success of the world's leading cryptocurrency! 💥
#CryptoCrash
#EthereumETF
#FOMCMeeting
#BlockchainNews
😒 It seems like the cryptocurrency market just doesn't want to budge, stuck in a bearish trend that refuses to turn around. Even with positive economic indicators, the likes of Bitcoin, Ethereum, Solana, and Litecoin continue to drop in value. What gives? 🤔
Michaël van de Poppe, a well-known crypto analyst, dives in to offer his insights on the factors behind this puzzling market behavior.
On one hand, we've got the release of important macroeconomic data points this week, like the Consumer Price Index (CPI) and the Producer Price Index (PPI). These indicators were positive and would typically be a boon for risky assets like cryptocurrencies.
But, on the other hand, we've also got the FOMC meeting, where Jerome Powell delivered a surprisingly hawkish speech, revising downward the number of potential rate cuts for 2024. That's a major market driver right there! 💸
And, let's not forget that consumer sentiment data came in lower than expected at 65.6, which might increase the likelihood of interest rate cuts. But, with Powell's stance, who knows what'll happen?
Despite all this, the crypto market continues to drop, defying all expectations. But, here's the thing - the US Dollar has strengthened, reaching 105.75 points, while Treasury Bond Yields have dropped significantly, with the 2-year yield reaching its lowest point in two months (4.694%) and the 10-year yield falling to 4.211%. 💸
Oh, and don't forget that gold has been on an upward trend, diverging from Bitcoin's performance. 🥇
Now, add to the mix the uncertainty surrounding an Ethereum ETF decision and we're left with a market that's just stuck in the mud. 🤦♂️
But, don't give up hope just yet! Van de Poppe suggests that we might be due for an upward movement soon, even as uncertainties surround rate cuts. One more week of downward pressure, and who knows, maybe the tides will turn? 🌊
What do you think? Can the crypto market find a way to shake off this bearish trend? Or will we be stuck in this rut for a while longer? Share your thoughts! 💬
#Market #CryptoMarket #btc70k
Michaël van de Poppe, a well-known crypto analyst, dives in to offer his insights on the factors behind this puzzling market behavior.
On one hand, we've got the release of important macroeconomic data points this week, like the Consumer Price Index (CPI) and the Producer Price Index (PPI). These indicators were positive and would typically be a boon for risky assets like cryptocurrencies.
But, on the other hand, we've also got the FOMC meeting, where Jerome Powell delivered a surprisingly hawkish speech, revising downward the number of potential rate cuts for 2024. That's a major market driver right there! 💸
And, let's not forget that consumer sentiment data came in lower than expected at 65.6, which might increase the likelihood of interest rate cuts. But, with Powell's stance, who knows what'll happen?
Despite all this, the crypto market continues to drop, defying all expectations. But, here's the thing - the US Dollar has strengthened, reaching 105.75 points, while Treasury Bond Yields have dropped significantly, with the 2-year yield reaching its lowest point in two months (4.694%) and the 10-year yield falling to 4.211%. 💸
Oh, and don't forget that gold has been on an upward trend, diverging from Bitcoin's performance. 🥇
Now, add to the mix the uncertainty surrounding an Ethereum ETF decision and we're left with a market that's just stuck in the mud. 🤦♂️
But, don't give up hope just yet! Van de Poppe suggests that we might be due for an upward movement soon, even as uncertainties surround rate cuts. One more week of downward pressure, and who knows, maybe the tides will turn? 🌊
What do you think? Can the crypto market find a way to shake off this bearish trend? Or will we be stuck in this rut for a while longer? Share your thoughts! 💬
#Market #CryptoMarket #btc70k
Hey, crypto fam! 👋 So, I just got some pretty wild news about Shiba Inu (SHIB) that I need to share. 😱 After a crazy market crash on Thursday, SHIB is starting to climb back up, and I've got the tea on what might be coming next... ☕
Apparently, a fancy machine learning algorithm over at CoinCodex thinks SHIB's gonna jump a whopping 30% in the next 5 days! 💥 That's some serious upside, right? I mean, it's not like I'm getting my hopes up or anything... 😉
So, here's the deal. The algorithm is checking all these different indicators, like investor sentiment, and it's saying that people are still super greedy when it comes to SHIB. I mean, the Fear & Greed Index is at 74, which means folks are more than happy to throw their cash into the market. 💸
Fast forward 5 days, and this algorithm thinks SHIB's gonna hit $0.00002819, which is a pretty significant increase from where we are now ($0.00002188). Like, we're talking 30.25% growth, fam! 🤯
And if you think that's wild, just wait until you hear the one-month prediction... According to the algorithm, SHIB's gonna soar to $0.00007110, which is basically right back at its all-time high. That's a 228.44% increase, bro! 🚀
But, here's the thing. The sentiment around SHIB is actually kinda bearish, which might mean it's the perfect time to scoop up some coins. It's all about accumulation, baby! 🤑 And, according to Santiment's on-chain data, that's exactly what's happening. Exchange balances have dropped 2.4% in just two weeks, which means investors are buying and holding, waiting for the prices to go up... and up... and up! 💪
So, if the algorithm is right (fingers crossed), then it's possible we're seeing the lowest SHIB price in a while. And with the next bull run potentially coming later this year... who knows? Maybe we'll see SHIB hitting new all-time highs? 🌊 What do you guys think? Share your thoughts in the comments! 💬
(P.S. Keep in mind, I'm not a financial advisor, and you should always do your own research and make your own investment decisions. 😉)
#ShibaPricePrediction
Apparently, a fancy machine learning algorithm over at CoinCodex thinks SHIB's gonna jump a whopping 30% in the next 5 days! 💥 That's some serious upside, right? I mean, it's not like I'm getting my hopes up or anything... 😉
So, here's the deal. The algorithm is checking all these different indicators, like investor sentiment, and it's saying that people are still super greedy when it comes to SHIB. I mean, the Fear & Greed Index is at 74, which means folks are more than happy to throw their cash into the market. 💸
Fast forward 5 days, and this algorithm thinks SHIB's gonna hit $0.00002819, which is a pretty significant increase from where we are now ($0.00002188). Like, we're talking 30.25% growth, fam! 🤯
And if you think that's wild, just wait until you hear the one-month prediction... According to the algorithm, SHIB's gonna soar to $0.00007110, which is basically right back at its all-time high. That's a 228.44% increase, bro! 🚀
But, here's the thing. The sentiment around SHIB is actually kinda bearish, which might mean it's the perfect time to scoop up some coins. It's all about accumulation, baby! 🤑 And, according to Santiment's on-chain data, that's exactly what's happening. Exchange balances have dropped 2.4% in just two weeks, which means investors are buying and holding, waiting for the prices to go up... and up... and up! 💪
So, if the algorithm is right (fingers crossed), then it's possible we're seeing the lowest SHIB price in a while. And with the next bull run potentially coming later this year... who knows? Maybe we'll see SHIB hitting new all-time highs? 🌊 What do you guys think? Share your thoughts in the comments! 💬
(P.S. Keep in mind, I'm not a financial advisor, and you should always do your own research and make your own investment decisions. 😉)
#ShibaPricePrediction
Hey! 👋 So, there's been quite the stir around crypto voters and the US presidential candidates. Recently, Biden's administration surprisingly took a more favorable stance towards digital assets. 🤔 This change might have been inspired by Republican candidate Donald Trump endorsing crypto during his campaign.
However, billionaire Mark Cuban thinks the SEC's crackdown on crypto could actually hurt Biden's chances at reelection. 😬 During Coinbase's State of Crypto Summit 2024, Cuban expressed frustration with the SEC's chairman, Gary Gensler. He even hinted that Gensler's approach might jeopardize Biden's election. 🚨
Cuban believes that the registration process the SEC imposes on companies is what's holding them back, and he's been talking to politicians about creating more welcoming legislation. 🌐 He thinks that if they could just simplify and clarify the rules for crypto businesses, it would make the industry more attractive. He even thinks that crypto voters might be a deciding factor in the upcoming election! 🔥
But Cuban's not the only one upset with Gensler. Others in the crypto industry have criticized him, too. 😮 Senator Bill Hagerty, a Republican, called out Gensler during a Senate Committee on Appropriations hearing. He said the SEC isn't doing enough to foster innovation in the crypto space and that they're essentially pushing it offshore. 😟
Lots of folks in the community agree, and many think that Gensler should be replaced to give the industry a chance to thrive. What do you think? Will the SEC's stance impact the outcome of the election? 🗳️ Let me know! 💬
EDIT: Please be aware that this conversation is not affiliated with or endorsed by any political party or candidate. We're just discussing the situation and providing context. 👍
#CryptoVotersMatter
#SECReformNow
#DigitalAssets2024
#CryptoForElection
#RegulationsForCrypto
However, billionaire Mark Cuban thinks the SEC's crackdown on crypto could actually hurt Biden's chances at reelection. 😬 During Coinbase's State of Crypto Summit 2024, Cuban expressed frustration with the SEC's chairman, Gary Gensler. He even hinted that Gensler's approach might jeopardize Biden's election. 🚨
Cuban believes that the registration process the SEC imposes on companies is what's holding them back, and he's been talking to politicians about creating more welcoming legislation. 🌐 He thinks that if they could just simplify and clarify the rules for crypto businesses, it would make the industry more attractive. He even thinks that crypto voters might be a deciding factor in the upcoming election! 🔥
But Cuban's not the only one upset with Gensler. Others in the crypto industry have criticized him, too. 😮 Senator Bill Hagerty, a Republican, called out Gensler during a Senate Committee on Appropriations hearing. He said the SEC isn't doing enough to foster innovation in the crypto space and that they're essentially pushing it offshore. 😟
Lots of folks in the community agree, and many think that Gensler should be replaced to give the industry a chance to thrive. What do you think? Will the SEC's stance impact the outcome of the election? 🗳️ Let me know! 💬
EDIT: Please be aware that this conversation is not affiliated with or endorsed by any political party or candidate. We're just discussing the situation and providing context. 👍
#CryptoVotersMatter
#SECReformNow
#DigitalAssets2024
#CryptoForElection
#RegulationsForCrypto
🐳💰 Big players are making their move! 🚀 Whales (aka large investors) are actively transferring TON ahead of a significant price surge.
This isn't just a hunch - history shows us that when whales start moving, the price tends to follow. In fact, just a few months ago, the price of TON began to skyrocket, surpassing $7! 📈
Keeping an eye on whale movements can give us a heads up on potential price peaks in the future. Stay tuned, crypto fans! 📊
#TON #Whales #PriceSurge
This isn't just a hunch - history shows us that when whales start moving, the price tends to follow. In fact, just a few months ago, the price of TON began to skyrocket, surpassing $7! 📈
Keeping an eye on whale movements can give us a heads up on potential price peaks in the future. Stay tuned, crypto fans! 📊
#TON #Whales #PriceSurge
🇹🇷📈 Hey there! 🌟 Turkey is planning to introduce a small but significant change to its financial landscape. They're introducing a 0.03% transaction tax on cryptocurrencies, with the goal of driving more comprehensive fiscal reform in the country. This move is part of Turkey's ongoing efforts to strengthen its economy and keep a closer eye on the digital currency market. Let's see how this affects the crypto world! 🚀🤔
#Turkey #Cryptocurrency #LayerZero
#Turkey #Cryptocurrency #LayerZero
🚨Just in: OpenAI Shakes Things Up by Appointing Ex-NSA Chief Paul Nakasone to Board! 🤯
Hey, you won't believe who just joined OpenAI's board of directors! 👀 Paul M. Nakasone, the former head of the NSA (yes, the National Security Agency!) is now a part of the AI company's Safety and Security Committee. 🚀
Nakasone led the NSA from 2018 to 2023, so the guy knows a thing or two about keeping things secure. 🔒
His new role will focus on using AI to detect and respond to threats more efficiently, which is huge for cybersecurity! 💻
You might be wondering why this is such a big deal.
Well,
OpenAI has faced some heat recently about its safety culture, and this move shows the company is taking steps to address those concerns. 💡
It's clear they want to make AI a force for good, and who better to help with that than a seasoned expert like Nakasone? 🤝
#OpenAI #PaulNakasone #CyberSecurity #AIBoard #TechNews
Hey, you won't believe who just joined OpenAI's board of directors! 👀 Paul M. Nakasone, the former head of the NSA (yes, the National Security Agency!) is now a part of the AI company's Safety and Security Committee. 🚀
Nakasone led the NSA from 2018 to 2023, so the guy knows a thing or two about keeping things secure. 🔒
His new role will focus on using AI to detect and respond to threats more efficiently, which is huge for cybersecurity! 💻
You might be wondering why this is such a big deal.
Well,
OpenAI has faced some heat recently about its safety culture, and this move shows the company is taking steps to address those concerns. 💡
It's clear they want to make AI a force for good, and who better to help with that than a seasoned expert like Nakasone? 🤝
#OpenAI #PaulNakasone #CyberSecurity #AIBoard #TechNews
💔 Heartbreaking News: U.P. Man Takes Loan for Crypto Airdrop, Ends Life After Ineligibility Shock💔
In a tragic incident from Uttar Pradesh, a 25-year-old man named Lallu took his own life after finding out he was not eligible for the ZkSync Era airdrop. Lallu had taken out a substantial loan, dreaming of a brighter financial future through this highly anticipated crypto event. However, upon discovering his ineligibility, the crushing disappointment led him to the heartbreaking decision to end his life.
This incident highlights the emotional toll and financial risks that can come with investing in the volatile world of cryptocurrency. Authorities are urging everyone to exercise caution and conduct thorough research before diving into high-stakes financial activities like crypto investments.
### Key Takeaways:
- **Name:** Lallu, 25 years old
- **Location:** Uttar Pradesh
- **Event:** ZkSync Era airdrop ineligibility
- **Action:** Took a substantial loan
- **Outcome:** Tragically ended his life
Authorities stress the importance of being well-informed and cautious in the world of crypto investments. Let's remember that no financial gain is worth such a devastating loss. 💔
#CryptoRisks #StayInformed #TragicLoss #FinancialCaution #MentalHealthMatters
In a tragic incident from Uttar Pradesh, a 25-year-old man named Lallu took his own life after finding out he was not eligible for the ZkSync Era airdrop. Lallu had taken out a substantial loan, dreaming of a brighter financial future through this highly anticipated crypto event. However, upon discovering his ineligibility, the crushing disappointment led him to the heartbreaking decision to end his life.
This incident highlights the emotional toll and financial risks that can come with investing in the volatile world of cryptocurrency. Authorities are urging everyone to exercise caution and conduct thorough research before diving into high-stakes financial activities like crypto investments.
### Key Takeaways:
- **Name:** Lallu, 25 years old
- **Location:** Uttar Pradesh
- **Event:** ZkSync Era airdrop ineligibility
- **Action:** Took a substantial loan
- **Outcome:** Tragically ended his life
Authorities stress the importance of being well-informed and cautious in the world of crypto investments. Let's remember that no financial gain is worth such a devastating loss. 💔
#CryptoRisks #StayInformed #TragicLoss #FinancialCaution #MentalHealthMatters
This Degen Turned $164 Into $1.2 Million On Meme Coins
Anyone can make it, all u need is track insiders
I spent 3 days, scanning his wallet to find next 100x play
Here're 5 new coins, he's accumulating rn🧵👇
➮ Before we begin, could I ask you a favor?
☩ I've invested a lot of time into this research and truly value any interaction you've had with this thread!
☩ Please bookmark, repost, or simply give it a like if u can
2/➮ Degen's first profit came from $NPC.
☩ He made 4 TXs on November 5th and received 17,585,227 of $NPC.
☩ After these purchases, he did not sell a single coin.
☩ Total Profit: $449,533.81
3/➮ I gave you $NPC at 18.6M mcap
☩ Now it's at $ $210M
4/➮ Second profit was made on Base meme coin $TOSHI
☩ Degen received 1.2B TOSHI on October 9th
☩ After a huge pump, he started selling TOSHI and buying other BASE meme coins
☩ Total profit: $273,891.12
5/➮ Many people DM me, asking: "How did this whale buy coins so early?"
☩ Most degens achieve this with the help of sniper bots..
☩ BONKbot for SOL: https://tinyurl.com/3fax7he5
☩ Open Bot in TG
☩ Deposit SOL in ur wallet
☩ Now u can snipe tokens by entering CA
6/➮ Next triumph came from $PEPE
☩ He first aped into the meme coin on April 18th and held it while the price kept rising irreversibly.
☩ Total Profit: $231,891.12
7/➮ After researching his trading history, I've spotted some new coins recently accumulated by whale.
☩ Here's the list of these coins
8/➮ $KEYCAT l @KeyboardCatBase
☩ KEYCAT is part of Base ecosystem and has garnered attention for its unique branding inspired by the popular "Keyboard Cat" internet meme.
☩ MC: $33.1M
☩ Price: $0.00331
☩ Whale invested: $30,044
10/➮ $BOBO l @bobocoineth
☩ Bobo the Bear is a meme character associated with bear markets. The design of Bobo is based on Apu Apustaja, and sometimes Pepe the Frog.
☩ MC: $205.5M
☩ Price: $0.053091
11/➮ $CONAN l @Conan_erc_20
☩ Conan is a meme coin related to Donald Trump's dog
☩ MC: $7.2M
☩ Price: $0.057255
Follow me @Crypto PM
I hope you found this research helpful
His wallet: 0xfa50e8ae8e380fad984850f9f2ba7eb424502d6d
#whalealert #cryptopm #bitcoin #Layer2 #degen
I spent 3 days, scanning his wallet to find next 100x play
Here're 5 new coins, he's accumulating rn🧵👇
➮ Before we begin, could I ask you a favor?
☩ I've invested a lot of time into this research and truly value any interaction you've had with this thread!
☩ Please bookmark, repost, or simply give it a like if u can
2/➮ Degen's first profit came from $NPC.
☩ He made 4 TXs on November 5th and received 17,585,227 of $NPC.
☩ After these purchases, he did not sell a single coin.
☩ Total Profit: $449,533.81
3/➮ I gave you $NPC at 18.6M mcap
☩ Now it's at $ $210M
4/➮ Second profit was made on Base meme coin $TOSHI
☩ Degen received 1.2B TOSHI on October 9th
☩ After a huge pump, he started selling TOSHI and buying other BASE meme coins
☩ Total profit: $273,891.12
5/➮ Many people DM me, asking: "How did this whale buy coins so early?"
☩ Most degens achieve this with the help of sniper bots..
☩ BONKbot for SOL: https://tinyurl.com/3fax7he5
☩ Open Bot in TG
☩ Deposit SOL in ur wallet
☩ Now u can snipe tokens by entering CA
6/➮ Next triumph came from $PEPE
☩ He first aped into the meme coin on April 18th and held it while the price kept rising irreversibly.
☩ Total Profit: $231,891.12
7/➮ After researching his trading history, I've spotted some new coins recently accumulated by whale.
☩ Here's the list of these coins
8/➮ $KEYCAT l @KeyboardCatBase
☩ KEYCAT is part of Base ecosystem and has garnered attention for its unique branding inspired by the popular "Keyboard Cat" internet meme.
☩ MC: $33.1M
☩ Price: $0.00331
☩ Whale invested: $30,044
10/➮ $BOBO l @bobocoineth
☩ Bobo the Bear is a meme character associated with bear markets. The design of Bobo is based on Apu Apustaja, and sometimes Pepe the Frog.
☩ MC: $205.5M
☩ Price: $0.053091
11/➮ $CONAN l @Conan_erc_20
☩ Conan is a meme coin related to Donald Trump's dog
☩ MC: $7.2M
☩ Price: $0.057255
Follow me @Crypto PM
I hope you found this research helpful
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#whalealert #cryptopm #bitcoin #Layer2 #degen
Crypto Dealings Not Illegal in India, Says High Court
In a landmark decision, the Orissa High Court in India has clarified that dealing in cryptocurrencies is not illegal under Indian law. This significant ruling came from a case involving individuals accused of running a Ponzi scheme.
### Key Highlights from the Case:
🔍 The Case: Two individuals were accused of defrauding people through a multi-level marketing (MLM) scheme, promoting a digital currency called Yes World Token.
🏛 The Ruling: Justice Sasikanta Mishra, presiding over the single-judge bench, ruled that cryptocurrencies do not fall under the definitions of money or deposits according to the Prize Chits and Money Circulation Schemes (Banning) Act and the Odisha Protection of Interests of Depositors (OPID) Act.
### Detailed Insights:
1. Legal Standpoint:
- Cryptocurrency is not considered money under the Prize Chits and Money Circulation Schemes (Banning) Act.
- Investments in cryptocurrency are not considered deposits under the OPID Act.
2. Key Quotes from Justice Mishra:
- “Cryptocurrency is not money within the meaning of Prize Chits and Money Circulation Schemes (Banning) Act.”
- “The investment made by the general public in cryptocurrency cannot partake the nature of deposit within the meaning of OPID Act.”
- “Mere dealing in cryptocurrency cannot be treated as illegal in any manner.”
3. Fraud Allegations:
- The accused allegedly lured investors into the Yes World Token scheme by promising substantial returns and encouraging recruitment of new members, typical of MLM strategies.
- Justice Mishra noted that there was no evidence of dishonest inducement or fraud, as the invested amounts remained secure in the investors’ trust wallets.
4. Lack of Evidence for Cheating:
- The judge highlighted the absence of evidence indicating forgery or manipulation of documents.
- “The offence under section 420 does not appear, prima facie, to be made out,” Justice Mishra concluded, meaning that the allegations of cheating were not substantiated.
### Impact on the Crypto Community 🌐
This ruling has significant implications for the legality and regulation of cryptocurrencies in India. By establishing that crypto dealings are not illegal under these specific laws, the court has provided some clarity and a potential precedent for future cases involving digital currencies.
The decision has sparked discussions among crypto enthusiasts, investors, and legal experts, marking a positive step towards recognizing and regulating cryptocurrency in India.
Stay tuned for more updates on how this ruling influences the broader crypto landscape in India! 🚀
1. #CryptoLegalIndia
2. #OrissaCryptoRuling
3. #CryptoJustice
4. #LegalCryptoDealings
5. #CryptoClarityIndia
### Key Highlights from the Case:
🔍 The Case: Two individuals were accused of defrauding people through a multi-level marketing (MLM) scheme, promoting a digital currency called Yes World Token.
🏛 The Ruling: Justice Sasikanta Mishra, presiding over the single-judge bench, ruled that cryptocurrencies do not fall under the definitions of money or deposits according to the Prize Chits and Money Circulation Schemes (Banning) Act and the Odisha Protection of Interests of Depositors (OPID) Act.
### Detailed Insights:
1. Legal Standpoint:
- Cryptocurrency is not considered money under the Prize Chits and Money Circulation Schemes (Banning) Act.
- Investments in cryptocurrency are not considered deposits under the OPID Act.
2. Key Quotes from Justice Mishra:
- “Cryptocurrency is not money within the meaning of Prize Chits and Money Circulation Schemes (Banning) Act.”
- “The investment made by the general public in cryptocurrency cannot partake the nature of deposit within the meaning of OPID Act.”
- “Mere dealing in cryptocurrency cannot be treated as illegal in any manner.”
3. Fraud Allegations:
- The accused allegedly lured investors into the Yes World Token scheme by promising substantial returns and encouraging recruitment of new members, typical of MLM strategies.
- Justice Mishra noted that there was no evidence of dishonest inducement or fraud, as the invested amounts remained secure in the investors’ trust wallets.
4. Lack of Evidence for Cheating:
- The judge highlighted the absence of evidence indicating forgery or manipulation of documents.
- “The offence under section 420 does not appear, prima facie, to be made out,” Justice Mishra concluded, meaning that the allegations of cheating were not substantiated.
### Impact on the Crypto Community 🌐
This ruling has significant implications for the legality and regulation of cryptocurrencies in India. By establishing that crypto dealings are not illegal under these specific laws, the court has provided some clarity and a potential precedent for future cases involving digital currencies.
The decision has sparked discussions among crypto enthusiasts, investors, and legal experts, marking a positive step towards recognizing and regulating cryptocurrency in India.
Stay tuned for more updates on how this ruling influences the broader crypto landscape in India! 🚀
1. #CryptoLegalIndia
2. #OrissaCryptoRuling
3. #CryptoJustice
4. #LegalCryptoDealings
5. #CryptoClarityIndia
Breaking News: Meme Coin Controversy!
According to a deep dive by the blockchain analytics platform Bubblemaps, there’s some serious insider trading drama unfolding in the world of meme coins promoted by Andrew Tate and Iggy Azalea. Here's what you need to know:
DADDY Coin Insider Trading Allegations 🚀
🕵️♂️ June 9: A massive 40% of the DADDY coin supply moved into Andrew Tate’s wallet right before he started hyping it up on social media. Suspicious, right?
💰 Bubblemaps' Findings:
30% of DADDY tokens (worth over $45 million) were allegedly scooped up by insiders at the launch.11 wallets, likely linked, bought 20% of the supply on June 9 before the official announcement. These wallets now hold around 19% of the total supply, valued at $30 million.
🔗 Bubblemaps suspects these wallets are connected but can't be 100% sure due to their funding through Binance. The timing and amounts, however, point to a coordinated effort.
💸 Another 10% of the supply (valued at $16 million) was acquired by two additional clusters before Tate's promotional blitz.
⚠️ Warning: Any sales from these clusters or Tate's unburned tokens (40% of total supply) could hurt the coin's liquidity.
💎 Tate's Response: "I will never sell what was sent to my wallet, I will only burn and buy. Forever. Diamond hands."
📈 Despite the controversy, DADDY coin’s market cap has skyrocketed to $259 million, trading at $0.25—a triple-digit increase in just 24 hours!
MOTHER Coin Allegations 🌸
Bubblemaps also pointed fingers at Iggy Azalea for similar activities with the MOTHER coin:
💼 Allegations:
Insiders allegedly purchased 20% of MOTHER supply at launch, selling $2 million worth shortly after.A particular wallet bought 109 trillion MOTHER tokens and distributed them across seven others, netting a $1.4 million profit with remaining tokens valued at $400,000.
📉 MOTHER coin's market cap has plummeted from its peak of $267.58 million on June 6 to around $158 million. Its price has dropped from $0.27 to $0.148—a 6.45% decrease in the last 24 hours.
Community Reactions 🌐
The crypto community is buzzing with debate. Some see this as an example of a “good insider launch,” while others argue that “there is no such thing as a fair launch in meme coins,” suggesting these insider activities are par for the course.
Stay tuned as this story develops! 🧐
#MemeWatch2024 #meme_coin #daddy #MOTHER #scam
DADDY Coin Insider Trading Allegations 🚀
🕵️♂️ June 9: A massive 40% of the DADDY coin supply moved into Andrew Tate’s wallet right before he started hyping it up on social media. Suspicious, right?
💰 Bubblemaps' Findings:
30% of DADDY tokens (worth over $45 million) were allegedly scooped up by insiders at the launch.11 wallets, likely linked, bought 20% of the supply on June 9 before the official announcement. These wallets now hold around 19% of the total supply, valued at $30 million.
🔗 Bubblemaps suspects these wallets are connected but can't be 100% sure due to their funding through Binance. The timing and amounts, however, point to a coordinated effort.
💸 Another 10% of the supply (valued at $16 million) was acquired by two additional clusters before Tate's promotional blitz.
⚠️ Warning: Any sales from these clusters or Tate's unburned tokens (40% of total supply) could hurt the coin's liquidity.
💎 Tate's Response: "I will never sell what was sent to my wallet, I will only burn and buy. Forever. Diamond hands."
📈 Despite the controversy, DADDY coin’s market cap has skyrocketed to $259 million, trading at $0.25—a triple-digit increase in just 24 hours!
MOTHER Coin Allegations 🌸
Bubblemaps also pointed fingers at Iggy Azalea for similar activities with the MOTHER coin:
💼 Allegations:
Insiders allegedly purchased 20% of MOTHER supply at launch, selling $2 million worth shortly after.A particular wallet bought 109 trillion MOTHER tokens and distributed them across seven others, netting a $1.4 million profit with remaining tokens valued at $400,000.
📉 MOTHER coin's market cap has plummeted from its peak of $267.58 million on June 6 to around $158 million. Its price has dropped from $0.27 to $0.148—a 6.45% decrease in the last 24 hours.
Community Reactions 🌐
The crypto community is buzzing with debate. Some see this as an example of a “good insider launch,” while others argue that “there is no such thing as a fair launch in meme coins,” suggesting these insider activities are par for the course.
Stay tuned as this story develops! 🧐
#MemeWatch2024 #meme_coin #daddy #MOTHER #scam
Making money in this cycle is much difficult than previous ones
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1) You can't make money by buying old altcoins as most of them already had their exit liquidity pump, founders and VCs already cashed out and no one including their team cares about it
2) You can't make money by buying new altcoins as most of them are already launching at too high valuation with low float supply which makes it easier for only VCs and founders to make money not you
3) You can't make money by farming airdrops as most of them already have millions of farmers and thus it makes every project overfarmed so even if they give airdrop it will be just peanuts
Everything is literally sucking money of retailers right now...
And guess what, next cycle will be harder and harder than you can imagine so take your own fπ©k!ng responsibility and do whatever it takes you to get financial freedom before "easy money" scene gets over and u forever get trapped in rat race.
It's the last bull run.
Then it will just be: the run. Probably 👍😔
#bitcoin #Binance #SEC #Web3 #solana
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.
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1) You can't make money by buying old altcoins as most of them already had their exit liquidity pump, founders and VCs already cashed out and no one including their team cares about it
2) You can't make money by buying new altcoins as most of them are already launching at too high valuation with low float supply which makes it easier for only VCs and founders to make money not you
3) You can't make money by farming airdrops as most of them already have millions of farmers and thus it makes every project overfarmed so even if they give airdrop it will be just peanuts
Everything is literally sucking money of retailers right now...
And guess what, next cycle will be harder and harder than you can imagine so take your own fπ©k!ng responsibility and do whatever it takes you to get financial freedom before "easy money" scene gets over and u forever get trapped in rat race.
It's the last bull run.
Then it will just be: the run. Probably 👍😔
#bitcoin #Binance #SEC #Web3 #solana
Binance new feature idea? 👀
📱🔥 I just read about the new Tap to Cash feature in #iOS18 announced during Apple's #WWDC24 keynote. It lets users transfer money just by tapping two iPhones together, using the same NFC functionality as Tap to Pay. No personal information is shared, ensuring privacy. I’m waiting for more details to explore this feature further, but do you think it can be implemented in #crypto? 🤔
Imagine if Binance could introduce a similar feature, like "Tap to Crypto". Or it can be an addition to Binance Pay feature. Here’s how it could be amazing:
1️⃣ Instant crypto transfers: users can transfer crypto from and to their Binance accounts just by tapping their devices together. Quick, easy, and private.
2️⃣ Enhanced privacy: similar to Tap to Cash, no personal information would be shared during transactions, maintaining user privacy.
3️⃣ Reward integration: Binance could integrate this with rewards and loyalty programs, allowing users to see and redeem their points seamlessly.
I think "Tap to Crypto" would be a fantastic addition to the Binance app! What do you think?
Source: DIANA ON X
#Binance #TapToCash #TapToCrypto
📱🔥 I just read about the new Tap to Cash feature in #iOS18 announced during Apple's #WWDC24 keynote. It lets users transfer money just by tapping two iPhones together, using the same NFC functionality as Tap to Pay. No personal information is shared, ensuring privacy. I’m waiting for more details to explore this feature further, but do you think it can be implemented in #crypto? 🤔
Imagine if Binance could introduce a similar feature, like "Tap to Crypto". Or it can be an addition to Binance Pay feature. Here’s how it could be amazing:
1️⃣ Instant crypto transfers: users can transfer crypto from and to their Binance accounts just by tapping their devices together. Quick, easy, and private.
2️⃣ Enhanced privacy: similar to Tap to Cash, no personal information would be shared during transactions, maintaining user privacy.
3️⃣ Reward integration: Binance could integrate this with rewards and loyalty programs, allowing users to see and redeem their points seamlessly.
I think "Tap to Crypto" would be a fantastic addition to the Binance app! What do you think?
Source: DIANA ON X
#Binance #TapToCash #TapToCrypto
📉 Inflation Update from the Fed's Chair Jerome Powell:
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1. 📉 **Inflation's cooling down** but still hotter than we'd like!
2. 🎯 The Fed's sticking to their **2% inflation sweet spot** goal.
3. 🌍 Thanks to global friends moving in, our **workforce is growing**!
4. 👔 Unemployment's staying low, keeping the job market **steady**.
5. 🧐 The economic crystal ball is a bit foggy, but the Fed's **watching closely**.
6. 🕵️♂️ The Fed's on a mission for more signs that inflation's **marching back to 2%**.
7. ⚔️ It's a long battle against inflation, and the Fed's **geared up for the long haul**.
8. 💪 If our economy stays strong and inflation doesn't chill, **interest rates might stick around** at the high table.
🚀 After a tweak in their inflation forecasts, it's clear the Fed's not taking their foot off the pedal anytime soon!
#Inflation #FederalReserve #Economy
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...
1. 📉 **Inflation's cooling down** but still hotter than we'd like!
2. 🎯 The Fed's sticking to their **2% inflation sweet spot** goal.
3. 🌍 Thanks to global friends moving in, our **workforce is growing**!
4. 👔 Unemployment's staying low, keeping the job market **steady**.
5. 🧐 The economic crystal ball is a bit foggy, but the Fed's **watching closely**.
6. 🕵️♂️ The Fed's on a mission for more signs that inflation's **marching back to 2%**.
7. ⚔️ It's a long battle against inflation, and the Fed's **geared up for the long haul**.
8. 💪 If our economy stays strong and inflation doesn't chill, **interest rates might stick around** at the high table.
🚀 After a tweak in their inflation forecasts, it's clear the Fed's not taking their foot off the pedal anytime soon!
#Inflation #FederalReserve #Economy
🌐 Big news in the world of finance and energy!
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The long-standing 💵 petrodollar system, which tied global oil trades to the US dollar, is taking a turn. As of June 9, 2024, Saudi Arabia has decided to diversify the currencies it accepts for oil. 🔄
🇸🇦 The Kingdom will now welcome payments in multiple currencies like the Chinese RMB, Euros, Yen, and Yuan. This could be a game-changer for the global economy and might even pave the way for digital currencies to shine. 💡
🔍 Keep an eye on this space as we explore how this shift could reshape our financial future!
#Petrodollar #GlobalFinance #CurrencyDiversity
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The long-standing 💵 petrodollar system, which tied global oil trades to the US dollar, is taking a turn. As of June 9, 2024, Saudi Arabia has decided to diversify the currencies it accepts for oil. 🔄
🇸🇦 The Kingdom will now welcome payments in multiple currencies like the Chinese RMB, Euros, Yen, and Yuan. This could be a game-changer for the global economy and might even pave the way for digital currencies to shine. 💡
🔍 Keep an eye on this space as we explore how this shift could reshape our financial future!
#Petrodollar #GlobalFinance #CurrencyDiversity
