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A closely watched cryptocurrency strategist and trader believes a Bitcoin (BTC) rally is just around the corner. Pseudonymous analyst Immortal told his 216,500 followers on social media platform X that Bitcoin appears to be mirroring its 2023 price trend. At the time, Bitcoin consolidated below $30,000 and then went on a parabolic rally to new all-time highs. The immortal says, “365 days ago today, we were trying to draw a parabola. Copy from October 2023 to October 2024. Bitcoin. ” Source: Immortal/X Zooming out, analysts said Bitcoin appears to be in the final stages of consolidation following this year's halving…
Cryptocurrency fraud cases are common, and some of the most vocal and well-known leaders in the field have faced serious legal troubles in recent years. you know the name: Sam Bankman Freed sentenced to 25 years in prison Zhao Changpeng released after 4 months Nader al-Nazi arrested and faces up to 20 years in prison (if convicted) Arthur Hayes, 6 months home confinement Suspect Do Kwon arrested, possible serious prison sentence Mark Karpeles arrested in Japan over Mt.Gox legal troubles Alex Mashinsky arrested in 2023 and currently on trial Charlie Shrem pleads guilty in 2015 and serves one year in…
For many years Ethereum It reigns supreme in the Web3 field. But the tide is flowing much faster. Solana's incredible speed and scalability are establishing Ethereum's Web3 advantage. But it is the new DeFi underdog, lunex networkit's making a coup to overturn EthereumAMM DEX rules backed by innovative smart contracts. can ethereum price Survive this fierce competition and maintain an advantage over Solana And what about the new Lunex Network? The battle for the future of Web3 continues, and the stakes are higher than ever, especially when it involves a number of innovative technologies. Web3 Crypto Project It unfolds every…
First of all, Neiro, Mogcoin, and Sui are the biggest winners this week. FTX, Kaspa, and Wormhole posted the biggest losses this week. Last week saw significant volatility in the cryptocurrency market, with some tokens posting impressive gains while others suffered significant losses. Among the best-performing cryptocurrencies, Ethereum’s first Neiro [NEIRO] rose more than 100% and emerged as the biggest gainer. On the other hand, FTX token is [FTT] and caspa [KAS] He led a losing team and experienced significant decline. biggest gainer First color on Ethereum [NEIRO] First color on Ethereum [NEIRO] had a great week, becoming the top…
Robert Kiyosaki predicts stock market crash, says people should invest in gold, silver and Bitcoin
robert kiyosakiThe renowned investor and author expressed concern about the possibility of a stock market crash and emphasized the importance of investing in gold, silver and Bitcoin. BTC/USD. what happened: On Saturday, Kiyosaki spoke to X about his views on the current state of the market. He noted that gold prices have reached record highs, indicating that investors are becoming more pessimistic and moving investments into defensive assets. “Therefore, rising gold prices are not necessarily a good sign,” he said in the post. The price of gold has reached an all-time high. Since 2000, people who have invested in gold…
Cybersecurity firm says bad actors sell deepfake tools that bypass cryptocurrency exchanges’ security protocols
A network security company warns that criminals have developed artificial intelligence (AI) tools to target cryptocurrency exchange platforms. In a new report, Cato Networks said bad actors are selling deepfake tools on underground markets that allow users to bypass crypto exchanges' identity verification tests. The company says users are using the tool to create fake accounts for money laundering purposes, rather than hacking existing accounts. “The creation of verified but synthetic accounts allows for money laundering activities, mule accounts, and other forms of fraud. According to AARP (American Association of Retired Persons), losses due to new account fraud in 2023…
This year has been a tough year. Ethereum (Crypto: ETH) holder. Up just 5% year-to-date, Ethereum's performance pales in comparison to some of its peers, including: Bitcoinsoared nearly 50%, or Solanaup 40%. Ethereum's lagging performance has many investors (myself included) wondering if it still holds the potential it once had.However, there are several reasons to believe that the tide could soon turn for Ethereum. In fact, three key tailwinds point to a brighter future for the heavyweight. Here are three reasons why now may be the best time to consider buying Ethereum before 2025.1. Bitcoin’s dominance is at a local…
Donald Trump says his cryptocurrency project World Liberty Financial will begin selling tokens on Tuesday
Donald Trump says his cryptocurrency project World Liberty Financial will begin selling tokens on Tuesdaydonald trump Supports decentralized finance protocols world liberty financialThe token sale will begin on Tuesday morning, the former president said on Saturday.what happened: “This is an opportunity to help shape the future of finance,” President Trump wrote on social media platform X (formerly Twitter) about the upcoming token sale. The President also urged interested candidates to attend the X Spaces event on Monday regarding the token sale.Don't miss:.@WorldLibertyFi The token sale will begin on Tuesday morning, October 15th. This is your chance to help shape the…
Cryptocurrency markets are constantly active and witness frequent changes that can dramatically alter financial results. While some efforts in this dynamic field have stalled, others are holding steady. Despite the increase in co-founder Vitalik Buterin's Ethereum holdings, the price of Ethereum has fallen by more than 9% in the last week, indicating that the overall market is in a tough spot. In contrast, Kaspa has shown promising stability despite recent fluctuations. But BlockDAG is getting a lot of attention. The presale quickly raised $10 million in just three days, thanks in large part to Kaspa enthusiasts. This strong interest has…
SEC takes the wrong approach to regulating the crypto industry as Gary Gensler dictates the agency’s agenda: Secretary
A member of the U.S. Securities and Exchange Commission (SEC) says the commission is misguided when it comes to regulating cryptocurrencies. In a new interview with Fox Business, SEC Commissioner Mark Ueda said that Chairman Gary Gensler has influence over the overwhelming majority of SEC staff, and that the regulator is under his guidance to improve the digital asset industry. He said that they are strictly controlling the situation. “Inside the agency, our agenda is directed by Chairman Gary Gensler, and the entire staff follows his direction. Our joke is that the SEC has 5,000 employees and he has 4,995…