I'm Entrepreneur Started journey with crpto approx 4 years ago. I have earn substantial amount of profit by spot trading method. I'm here to share my experience
With the new year approaching, where do you think Bitcoin will go next? Drop your prediction for this week's $BTC closing price in the comments of this post 👇 🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! *Campaign Period: 2024-12-30 07:00 to 2025-01-05 20:00 (UTC) ‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry.
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In simpler terms: Watching the current price of Bitcoin, which is currently below $61,000, it is not the best time to invest in any altcoin either. Also it is anticipated that Bitcoin's price may drop to $58,000, at which point buyers might consider entering the market. Those looking to sell old stock should've wait until bleeding is over and again price goes above $70,000, which is expecting to reach within couple of months. #BinanceTournament #Megadrop #CertiKvsKraken #Write2Earn! #BTCFOMCWatch
There was no SEC vs. Ripple case-related news to influence buyer demand for XRP. Investors awaited the court ruling on the Ripple Motion to Seal. Ripple filed the Motion to Seal to seal non-public information, including financial statements and agreements with business partners.
The SEC responded to the Motion to Seal, arguing that information considered in a court ruling should be a matter of public record. Disclosure of contractual agreements could affect future business dealings as Ripple expands its remittance business globally.
However, the court ruling on the penalty for breaching US securities laws will likely impact XRP more.
Since halving period is over, Bitcoin still trading under $70k which means majority of small bitcoin hodlers are selling/purchasing under range of price $60,000 to $70,000/- However, As per my opinion investor firms like Coinbase, Binance and other exchanges whom has enough share in BTC still hodl their stock till cap touch above $78,000. I advice small investor to invest in suitable coins such as BNB, ILV, DOT, SAND and other Metaverse coins. Keep in mind during investing don't attach your emotions instead of analyzing market. Self Analyzing is best instead of relying on news or rumours spreading around. Analyze coin by comparing history of coin with BTC price by comparing the time and day with each other.
Hackers Recovered $3 Million Worth Wallet Password.🙉
In a fascinating turn of events that could easily be part of a Hollywood movie script, a bitcoin owner found themselves locked out of their wallet containing a substantial 43.6 BTC, worth just under $3 million. The plot thickened as the owner sought help from none other than a renowned hacker named Joe Grand, also known as Kingpin in the hacking community.
The intriguing saga, first brought to light by Kim Zetter for Wired, unfolded when the wallet owner, known only as Michael, reached out to Joe Grand in 2022. Joe Grand has gained notoriety for his knack for recovering lost bitcoin from inaccessible wallets. While Grand typically declines such requests due to his primary role as a consultant helping developers secure their systems, the intricate circumstances of Michael's case caught his attention.
The issue was a complex password generated using the RoboForm password manager, encrypted with TrueCrypt. However, a twist of fate led to the encrypted password file getting corrupted with no backup in place. Michael's reluctance to store the password in RoboForm for fear of potential hacking ironically contributed to the predicament. After meticulous months of work, Grand and his team unearthed a security flaw in an outdated version of RoboForm's password generation mechanism. By exploiting this flaw, they were able to narrow down the search to the password generated on May 15, 2013. Despite challenges and dead ends, perseverance paid off, leading to the successful recovery of the password. The revelation sparked a significant moment for Michael, allowing access to his bitcoin reserves. Subsequently, Michael cashed out some of the bitcoin, leaving him with 30 BTC to potentially capitalize on the cryptocurrency market's fluctuations. The tale emphasizes the importance of secure password management and highlights the remarkable skill set of individuals like Joe. #Megadrop #ETHETFsApproved #MtGox #HackerNews #btc70k
Mt. Gox transfers $7.2 billion worth of Bitcoin, causing major turbulence for the cryptocurrency..
What is Mt.Gox ?
So, Mt. Gox was this big deal cryptocurrency exchange in Tokyo from 2010 to 2014. It practically ruled the roost for Bitcoin trades, handling over 70% of transactions at one point. But then, things went haywire in 2014 with a hack that went down in infamy. Thousands of Bitcoins vanished into thin air, and Mt. Gox had to throw in the towel and declare bankruptcy. Lots of drama followed with lawsuits and all. Fast forward to 2021, after years of legal jousting, a plan was finally agreed upon to deal with the aftermath of the whole mess. And that's the rollercoaster story of Mt. Gox in a nutshell. HoDL your positions until Btc $78k. #Megadrop #MtGox #EarnFreeCrypto2024 #BinanceLaunchpool #altcoins
Depositary Trust and Clearance Company Lists #BlackRocks Ethereum (ETF).
Under the ETHA (DeFi ecosystem built on Etherium and Polkadot) ticker,DTCC listed BlackRock's spot Ethereum exchange-traded fund (ETF).
On Thursday 24/May, the U.S. Securities and Exchange Commission approved 19b-4s forms from several Ethereum ETFs from issuers as BlackRock and other firms. Which is now engaging with potential issuers over S-1 registration statements.
To Start trading 19b-4 approval isn’t enough, but the approval of S-1 documents also need tobe approved which might take couple of weeks.
Despite the fact of all news which created hype after approval, Etherium is now gaining and currently trading at $3,750 on Binance.
Hold your positions till we see bitcoin at $78K which is expecting tobe the last upper limit after recent halving.
May 23, 2024. US Securities and Exchange Commission (SEC) approved Ether Exchange-Traded Funds (ETFs) in the United States.
Exchnages Like Nasdaq, NYSE, and CBO, requested in combined proposal to SEC regarding further changes in existing rules to allow the trading of Ethereum Exchange-Traded Products (ETPs) and ETFs.
However, this is second decision in 2024 from SEC regarding ETP’s. Which after a long hearing approved $BTC ETFs and ETPs.
Time flies so the things wanted patience would become regrets if fulfill with present “greed”.
Why Bitcoin Pizza Day?
Once a person bought pizza in replace of Bitcoin Alasss!!, May 22 marks the anniversary of the day a Florida man paid 10,000 BTC for two pizzas. The day has become legendary, first because it was the first commercial use of bitcoins, but more so because of Bitcoin’s worth in the following years. For the two pizzas, the man in question paid a fortune at today's prices.
Laszlo Hanyecz, the Florida man, paid 10,000 bitcoins for the delivery of two Papa John’s pizzas. He offers bitcoin in transaction for just 2 large pizza’s ones for present day and day after.
A British man took up Hanyecz’s offer and bought the two pizzas for him in exchange for 10,000 bitcoins. Even then, the recipient of the bitcoins got a bargain, paying about $25 for the pizzas, while 10,000 bitcoins were then worth around $41.
Despite the massive rise in the price of Bitcoin, Hanyecz says he is not phased about his deal. “It wasn’t like bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool." So what else should be done after. #pizzaday #Write2Earn #BTC