Standard Chartered predicts that Bitcoin will hit $73,000 on U.S. election day.
If Trump wins, analysts expect BTC to rise to $125,000 by the end of the year. If Harris wins, Bitcoin might initially drop but is expected to close 2024 at a new all-time high, near $75,000.
🇺🇸 The U.S. government had $20 million in crypto stolen, according to reports from Arkham and other analytical firms.
$20 million in USDC, USDT, aUSDC, and ETH has been moved to suspicious wallets. Analysts say the hacker has already started selling the cryptocurrency. #usa #hacking #USDT #news #Arkham
💩 Another insider crashed the shield's price by 96% in a single transaction, selling half of the total meme coin supply.
A crypto trader used 16 addresses to buy 665 million SHAR (66.5% of the total meme coin supply) for 5710 SOL ($948K) and later sold 500 million SHAR for 19,620 SOL, earning $2.4 million.
Due to the sharp price drop, another trader lost 2481 SOL ($429K).
🧠 An AI-powered trading bot made $130,000 in 5 hours trading meme coins. Starting with a balance of 27 SOL, the bot executed 10 trades and earned a profit of 780 SOL. #AI #coolStory #sol #Memecoins #bot
IMF: Global debt will reach $100 trillion in 2024 🤯
Our forecasts point to an unrelenting combination of low growth and high debt – a challenging future. Governments must work on reducing debt and rebuilding buffers for the next shock – which will inevitably come, perhaps sooner than we expect.
In translation from IMF language: the world is on the brink of a new financial crisis, and current actions by authorities are only worsening the situation.
China and the US are the main contributors to the global debt surge 🍸
The IMF urges politicians to reduce budget deficits by cutting spending and raising taxes. However, authorities are reluctant to lose political ratings and are merely planning to delay the crisis as long as possible.😕 #IMF #GlobalCrisis #china #usa
🤡 Crypto enthusiasts got scammed again - the Scroll airdrop didn't meet expectations.
Many crypto users couldn't even recoup their fees. One example is the crypto influencer King.sol, who spent $500 on network fees for transactions worth $100,000 and ended up receiving only 82.7 SCR (~$108).
The meme trader tried to find that one perfect token, experimenting with 150 different tokens, with an overall win rate of just 21%.
But he hit the jackpot when he bought 38.17 million SLOP for $296, and within 4 hours, their price reached $620k. He took some profits ($405k), closing all his previous losses with a single trade.
Trump has surpassed Harris for the first time in a Decision Desk HQ election poll, reports The Hill.
According to the poll results, as of October 20, Trump's chances of winning the presidential race stand at 52%, while Harris's are at 42%. It is noted that since the end of August, Harris's chances of winning were approximately 54-56%, while Trump's were 44-46%. #Trump #harris #DecisionDeskHQ #Trump2024
A group of whales is placing large bets ($500k–$1 million) on the Polymarket prediction market for Trump's victory, with one of them having already bet a whopping $20 million on Donald.
The whales' actions may have distorted the results, which currently show Trump as the clear winner.
However, according to polls, Harris is leading the presidential race with 49.7% versus Trump's 47.3%. 🤷♂️
Jump Trading, one of the largest market makers in crypto, is accused of a Pump and Dump scheme — video game developer FractureLabs has filed a lawsuit against the market maker, alleging that the company manipulated the price of the DIO token on the Huobi exchange. #JumpTrading #pumpanddump #DIOtoken #Huobi #FractureLabs
🇺🇸 Donald Trump messed up — only 4% of WLFI (a DeFi project by World Liberty Financial, owned by the Trump family) was sold during the token sale (792 million out of 20 billion tokens).