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🕶Just providing analyzes on regular basis. #Crypto #Alts
📲 @JeffRoss23
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The latest Messages 47
2023-03-13 18:15:58
#BTC
As I anticipated, I made a
profit of
+10%, with $BTC reaching
$24k. I've decided to close
half of my position and keep the rest for now.
https://t.me/Crypto_Futures_Trading
14.6K views15:15
2023-03-13 09:38:02
Changpeng Zhao: Banks Represent A Risk To Fiat-backed Stablecoins
Binance’s CEO Changpeng Zhao has some doubts about stablecoins backed by fiat money. Binance CEO Changpeng Zhao tweeted on March 12 that banks are a concern for fiat-backed stablecoins. “We need stablecoins backed by cryptocurrencies,” other Twitter users said. “Do Kwon truly had the right concept, but failed badly in implementation,” Changpeng Zhao remarked.
Changpeng Zhao, CEO of Binance, a major cryptocurrency exchange, has raised reservations about fiat-backed stablecoins. Zhao argues that banks may represent a risk to stablecoins, which are tethered to fiat currencies like the US dollar or euro. He claims that banks can freeze accounts, which might lead to liquidity concerns for stablecoin producers. Moreover, Zhao has proposed that cryptocurrency exchanges be more aggressive in helping to protect stablecoins from possible threats. Zhao’s remarks come at a time when stablecoins are gaining popularity in the cryptocurrency industry.
Source
https://t.me/Crypto_Futures_Trading
43.6K views06:38
2023-03-12 16:55:38
#BTC I continue to
buy bitcoins, as I see a local change in the
vector towards
buying and I see
compression towards the nearest
resistance. I am placing an additional
order to
buy around
$19k, in case of another sell-off.
Our nearest
target is at
$21600, and when it is breached, the price will be driven up to
$22600, and then to
$23k - $24k.
https://t.me/Crypto_Futures_Trading
56.3K views13:55
2023-03-12 08:48:02
Hedera Upgraded The Mainnet To Patch The Vulnerability, Working Again After The Attack
Hedera announced that the main network has been upgraded to fix the vulnerability, and the mainnet is now running normally. According to previous news, Hedera disclosed some alerts of the attack. The attackers attacked the smart contract service code of the mainnet and transferred the Hedera Token Service (HTS) held by some user accounts to their own accounts.
They targeted accounts used as liquidity pools on many DEXs that switched to utilize the HTS through Uniswap V2-derived contracts, such as Pangolin Hedera, SaucerSwap, and HeliSwap. As the attackers transferred tokens gained via the hack to the Hashport Network Bridge, the Bridge operators discovered the activity and swiftly shut it down. Though Hedera disabled proxies quickly after discovering the possible attack, the team advised tokenholders to verify their account ID and Ethereum Virtual Machine (EVM) address balances on hashscan.io for their own comfort. The HBAR Foundation, Limechain, Pangolin, SaucerSwap, and HeliSwap teams.
Source
https://t.me/Crypto_Futures_Trading
49.1K views05:48
2023-03-11 08:50:02
Sam Bankman-Fried may need more time to review 'substantial' evidence, lawyers say
Sam Bankman-Fried may request to delay his October trial, his lawyers said in a letter to a federal judge this week. The disgraced FTX founder says he may need more time to review troves of evidence that prosecutors have collected. Bankman-Fried is under house arrest in California on a $250 million bond. Discovery is the process where lawyers exchange information about the witnesses.
Bankman-Fried has not seen a “substantial” portion of discovery in the case, which includes former Alameda Research CEO Caroline Ellison’s iPhone, FTX co-founder Gary Wang’s laptop, two other laptops that belong to former employees of FTX and Alameda and 30 Google accounts, his lawyers said in a letter to Judge Lewis Kaplan. Discovery is the process where lawyers exchange information about the witnesses and evidence they'll present at a trial. Ellison and Wang both pleaded guilty in December to criminal charges tied to their roles at FTX and Alameda Research.
Source
https://t.me/Crypto_Futures_Trading
58.2K views05:50
2023-03-10 09:15:04
Crypto In Crosshairs: India’s Latest Anti-Money Laundering Measures Shake Industry
India Cracks Down on Crypto with New Money Laundering Provisions Last year’s stringent tax rules on cryptocurrency trading in India were just the beginning. Read about the latest anti-money laundering provisions and how they may impact businesses operating in the sector.
India has tightened oversight of the cryptocurrency sector by imposing money laundering provisions. As per Bloomberg, the Finance Ministry announced on Tuesday that anti-money laundering legislation will now apply to crypto trading, safekeeping, and related financial services. This move by India aligns with a global trend requiring digital-asset platforms to follow anti-money laundering standards like those followed by other regulated entities such as banks or stock brokers. Last year, India implemented more stringent tax rules on the crypto sector, including applying a levy on trading.
Source
https://t.me/Crypto_Futures_Trading
36.5K views06:15
2023-03-09 14:50:27
#BTC
Well, I'll
average again, since we have support for both the previous low and for the downward correctional channel.
I don’t want to give up my bitcoins as long as the
price is
above the
support.
https://t.me/Crypto_Futures_Trading
38.3K views11:50
2023-03-09 08:14:02
Suspected 9,861 BTC Transferred To Coinbase By The US Government
Data from the blockchain shows unexpected transfers of 9,861 BTC to the exchange from the US authorities, fueling rumors of an imminent sale of BTC. US authorities have repeatedly held auctions to sell Bitcoin exhibits but have never been recorded transferring Bitcoin money directly to the exchange like that.
Data from the blockchain shows unexpected transfers of large amounts of Bitcoin from the US authorities, fueling rumors of an imminent sale of Bitcoin. Online market intelligence firm Glassnode says 40,000 BTC, worth nearly $886.78 million – related to US government law enforcement arrests is being moved. The US has, in the past, seized large amounts of cryptocurrencies as evidence of industry fraud and attack cases. In 2013, the FBI busted the “Silk Road black market” and confiscated 144,000 BTC. the purpose of the transfers was and whether the funds raised to Coinbase were sold.
Source
https://t.me/Crypto_Futures_Trading
60.9K views05:14
2023-03-08 09:32:02
The SEC Filed A Lawsuit Against BKCoin For An Alleged $100 Million Encrypted Asset Fraud Scheme
The United States Securities and Exchange Commission (SEC) has made public the fact that it has initiated an emergency action against BKCoin Management, a hedge fund that specializes in cryptography, for schemes using crypto assets. Reports indicate that the company intends to use user cash to make an investment of one hundred million dollars in encrypted assets.
According to the SEC complaint, BKCoin and Kang informed investors that their funds would be utilized largely to trade cryptocurrency assets, and that BKCoin would create returns for investors through separately managed accounts and five private equity funds. The defendant disregarded the fund structure and mingled Investor assets in order to make Ponzi payments to fund investors totaling more than $3.6 million. BKCoin received roughly $100 million from at least 55 investors between October 2018 and September 2022 to invest in encrypted assets.
Source
https://t.me/Crypto_Futures_Trading
68.3K views06:32
2023-03-07 11:09:02
Coinbase’s Base Launched And Rollup as a Service Is Claiming Its Advantage
Coinbase is making significant efforts to establish on-chain infrastructure, most notably announcing the development of a two-layer Rollup chain built on OP Stack – Base. For a time, the crypto market sounded the bullish “Bullish on Rollup” alarm. Coinbase’s move, as the biggest encrypted exchange in the United States.
The constraint of Ethereum network performance has given rise to a number of Layer 2 extension alternatives, with the Rollup solution leading the overall growth track. Ethereum is commonly considered a single blockchain network with three functional layers: data availability and consensus layer, settlement layer, and execution layer. Because of the restricted block space, operating all functional layers in a single block takes a lot of chain resources, resulting in network congestion and an increase in chain gas prices. Rollup is a modular extension solution that splits the execution layer from the single blockchain.
Source
https://t.me/Crypto_Futures_Trading
5.4K views08:09