137999
Get the latest updates from Guy straight to your Telegram 📲 Includes: - Guy's trades 📈 - Portfolio updates ⚖️ - announcement of video's in the pipeline and coin's on our watchlist 👀 - guy.eth
🔥 Rally Report 🔥
DOGWIFHAT
The price of WIF has rallied by 11% in the past 24 hours.
WHY?!
📈 Part of a larger rally seen among memecoins.
❓ The rally is led by recent bullishness surrounding a potential ‘memecoin super cycle.’
If you want to buy or trade WIF, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
🔗 https://www.coinbureau.com/deals/trading/blofin-cb/
Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
🚨 New Video Alert!! 🚨
Are we in a memecoin supercycle?
Memescoins are the best performing cryptos of 2024, and they are showing no signs of slowing. Fans of dog, frog, cat and now hippo coins are calling it a memecoin supercycle.
But how did crypto end up like this? Is it sustainable? And should we give up on ‘serious’ altcoins and rotate into the zoo meta?
Today, we have all the answers.
🔔 MARKET MOVING NEWS! (10/10/24)
1️⃣ Only Bitfinex May Get Restitution In 2016 Hack, Per Government Filing ▶️
According to a filing in the case against Bitfinex hackers Ilya Lichtenstein and his wife Heather Morgan, only the crypto exchange might qualify as a victim under the CVRA [Crime Victims' Rights Act] or for restitution under the MVRA [Mandatory Victim Restitution Act]. It stated that the United States government is unaware of any other parties that qualify. Lichtenstein and Morgan, as well as Bitfinex parent company iFinex, have asserted that the crypto trading platform is the sole victim. For context, this claim comes after Bitfinex spread the loss from the hack across its customer base and reimbursed them itself in 2016.
Source
2️⃣ VanEck to Invest in Early Stage Ventures Including Crypto With New $30M Fund 💰
Global investment management firm VanEck has announced the launch of its new venture capital unit, VanEck Ventures. The investment giant stated the new venture fund will focus on fintech, digital asset or artificial intelligence (AI) companies in pre-seed or seed stages. It is raising $30 million for its first fund. The fund will be led by former Circle Ventures leaders Wyatt Lonergan and Juan Lopez, who aim to make between 25 and 35 investments with check sizes ranging from $500,000 to $1 million. It has already invested in four different projects.
VanEck CEO Jan van Eck stated,
From pioneering an approach to gold investing in 1968 to recognizing the disruptive potential of Bitcoin in 2017, embracing a long-term view on transformative opportunities has always been part of our investment philosophy. This fund extends that vision into the early-stage venture space. We look forward to supporting the founders of what we believe are some of the most disruptive companies in fintech – those building the future of finance.
🚨 New Video Alert!! 🚨
Back in November 2022, Sam Bankman-Fried’s empire crumbled as FTX collapsed, sending the market into disarray. If you cast your mind back to that rather bleak period in crypto’s history, you might recall that Silvergate bank (which collapsed as a result) was accused of co-conspiring with FTX in its shady business dealings.
But, here’s the thing. What if Silvergate wasn't even at fault? And more to the point, what if Sivergate was actually just another one of SBF’s many victims? Heck, what if Silvergate’s downfall was actually an orchestrated attack as part of Operation Chokepoint 2.0? Sounds crazy right?
Well, not according to insights from Nic Carter, a well-respected crypto journalist. After doing some deep digging, Nic believes that we might not have the whole story. So, follow us down the rabbit hole as we break Nic’s findings down and tell you why things aren’t as they seem.
🔔 MARKET MOVING NEWS! (09/10/24)
1️⃣ Former Bitcoin Dev Peter Todd Denies He's Satoshi Hours Before HBO Documentary Airs 💸
The new HBO documentary "Money Electric: The Bitcoin Mystery" suggested the true identity of Satoshi Nakamoto, the pseudonymous creator of Bitcoin, is an early Bitcoin developer named Peter Todd. However, Todd denied the assertions and stated that filmmaker Cullen Hoback was "grasping at straws" if he's identifying Todd as Satoshi.
In an emailed statement to CoinDesk, Todd stated,
Of course, I'm not Satoshi. It's ironic that a director who is also known for a documentary on QAnon has resorted to QAnon style coincidence-based conspiracy thinking here too.
Our decision to sue the SEC follows our receipt of a Wells notice from the Commission staff, illustrating that the SEC’s unauthorised and unjust regulation by enforcement campaign continues despite bipartisan indications that the next Administration will take a more constructive and effective approach to advancing crypto in the U.S.
🚨 New Video Alert!! 🚨
There are lots of EVM chains out there, but only a few have been innovating on Ethereum’s technology. One of these is Sei, which is technically the first blockchain with a parallelized EVM.
Sei is relatively new crypto, so it’s come with its own share of FOMO and FUD. It seems the fundamentals only started entering the picture a few months ago, and it’s looking very bullish.
That’s why today we do a deep-ish dive into this next generation Ethereum killer, and reveal just how high its native coin could go during this crypto bull market.
This is a video you can’t miss!
🔔 MARKET MOVING NEWS! (08/10/24)
1️⃣ Robinhood Chief Legal Officer Dan Gallagher In Running To Lead SEC If Trump Wins Presidency ⚡️
According to a Politico report, Robinhood Chief Legal Officer Dan Gallagher could be the next U.S. Securities and Exchange Commission chair if former President Donald Trump wins the presidential election in November. The report cited “a dozen former top regulators, lobbyists and securities lawyers” as its source.
Gallagher has had a long career. He served as a Republican SEC commissioner from 2011 to 2015. Before that, he was counsel to SEC Commissioner Paul Atkins and also worked on issues involving the SEC's enforcement division and trading division. He became the CLO at Robinhood in 2020.
Source
2️⃣ Vitalik Buterin Donates $182K To Help Fight Airborne Diseases After Receiving Billions Of Moo Deng Memecoin Tokens 💰
Ethereum co-founder Vitalik Buterin has reportedly donated $182,000 worth of ETH to the biotech charity Kanro. The donation funds come from Buterin selling billions of the Moo Deng memecoin tokens that people sent him. Notably, Buterin recently stated that any memecoins sent to him would go to charity. He added that users should either send the tokens to charity directly or create a DAO so that people can have a better say in where their money goes.
Source
3️⃣ Bitget Will Repay Traders After Ethereum Token Plunges 52% in Flash Crash 🔽
Crypto exchange Bitget’s Ethereum-based BGB token lost more than half its value on Sunday in a sudden "flash crash." The token plunged roughly 52% to $0.54 from $1.14 at around 10:30 pm ET on Sunday before recovering most of its value within an hour. Bitget attributed the flash crash to “unexpected volatility” in the crypto market. It has promised to compensate holders who suffered losses during the flash crash. It will reportedly issue a repayment plan to BGB holders in 24 hours, completing the compensation process in 72 hours.
Source
4️⃣ Over $5 Million In Crypto Stolen From Coinbase Users In Alleged Recent Social Engineering Scheme: ZachXBT ▶️
Blockchain sleuth ZachXBT has reportedly helped recover about $275,000 worth of cryptocurrencies for a Coinbase customer who was a victim of a social engineering scheme. ZachXBT also claimed to have found evidence of $5 million in additional stolen Bitcoin and Ether tokens related to the same alleged scam while investigating this fraud. While it is not yet clear how the stolen funds were frozen, ZachXBT stated that the Coinbase customer, an elderly person, held funds on a Ledger hardware device and was convinced to move them after scammers said their exchange account was compromised.
Source
5️⃣ Delaware Judge Approves FTX Estate’s Bankruptcy Plan ✔️
United States Bankruptcy Judge John Dorsey reportedly approved FTX’s bankruptcy plan on Monday. The plan will see the majority of the crypto exchange’s customers get the equivalent of their 2022 losses, and then some.
Lawyers for the estate claim that customers can expect to receive cash repayments worth an average of 118% of the value of their holdings at the time FTX filed for bankruptcy in November of 2022, though some could get up to 140%. While this is more than what creditors expected to receive two years ago, the funds will not match the gains BTC and other cryptocurrencies saw during FTX's bankruptcy.
Source
6️⃣ Revolut Prevents $13.5M Of ‘Potential Fraud Transactions’ In Crypto 🔍
Metaplanet, a publicly listed Japanese investment adviser, has reportedly purchased an additional 108.786 BTC valued at 1 billion yen ($6.7 million). Notably, the latest purchase has brought the company’s total BTC holdings to 639.503 BTC, valued at $40.6 million. The latest purchase was made at an average price of 9.19 million yen ($61,880) per BTC, bringing its average purchase price for its BTC holdings to 9.32 million yen ($62,789).
Source
🔥 Rally Report 🔥
MOG COIN
The price of MOG has rallied by 18% in the past 24 hours.
WHY?!
🕯 Part of a larger rally seen among memecoins.
☄️ Notably, the rally comes as conversations surrounding a ‘memecoin supercycle’ trend on social media platforms.
If you want to buy or trade MOG, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
🔗 https://www.coinbureau.com/deals/trading/blofin-cb/
Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
🚨 New Video Alert!! 🚨
Crypto market manipulation comes in many different forms, but the victim is always YOU.
If you don’t want to be prey for the manipulators, you need to know what they’re doing and how they do it.
That’s why today, we’re breaking down some of the most common manipulative practices in crypto, how to spot them, and what you can do to protect yourself.
This is a video you can’t afford to miss!
🔔 MARKET MOVING NEWS! (05/10/24)
1️⃣ ‘Uptober’ Builds Strength As Bitcoin Held On Exchanges Falls To 6-Year Low 🕯
Data from CryptoQuant shows that there are just a little over 2.8 million BTC held on centralised exchanges. Notably, this is 500,000 BTC less than the amount seen in March. It is also the lowest BTC exchange balance since November 2018. A low BTC balance on centralised exchanges typically results in decreased amounts of available liquidity, which often leads to bullish price movements. Analysts believe this strengthens the case for a fourth-quarter “Uptober” rally for Bitcoin.
Source
2️⃣ Coinbase to Delist Unauthorised Stablecoins in EU by December ❌
Crypto exchange Coinbase reportedly plans to de-list any unauthorised stablecoins in the European Union by December 2024. This move is part of the exchange’s compliance strategy with the EU's Markets in Crypto Assets rules (MiCA) which is set to be fully implemented in December. Specifically, MiCA requires stablecoin issuers to obtain e-money authorisation in at least one member state. Coinbase has also stated that it will provide more details about a transition plan in November. This plan is expected to help its European customers switch to compliant stablecoins, including USDC and EURC.
Source
3️⃣ Ubisoft Reveals Plans for 'Captain Laserhawk' Ethereum Game NFT Mint ☄️
Gaming giant Ubisoft is reportedly launching a 10,000-piece NFT collection on the Ethereum scaling network Arbitrum. The NFTs, which will sell on the Magic Eden NFT marketplace, will provide holders with early access to the studio’s upcoming top-down shooter Captain Laserhawk: The G.A.M.E. The competitive multiplayer game promises to include iconic characters from Assassin’s Creed, Rayman, and Beyond Good & Evil. The NFT will also reportedly allow holders to participate in the game's governance model, and track player progress. As the player’s score increases, the NFT evolves, unlocking new perks and increasing their governance influence.
Didier Genevois, Web3 Executive Producer at Ubisoft stated,
Through the integration of Web3, we’re empowering our community to not only play but also shape the future of the game. It’s about creating a collaborative ecosystem where players’ decisions and creations directly impact the game’s evolution, making the experience truly their own.
📣 NOW IS YOUR CHANCE To Win BIG $$!! 📣
The Coin Bureau Trading Channel is coming back!
And, to celebrate, we are joining as team Coin Bureau on the Bybit World Series of Trading competition.
Now is your chance to signup on the Coin Bureau team and start competing against your fellow traders.
There is a MASSIVE $10 million prize pool up for grabs for the winning team - not to mention up to 30k in signup bonuses on offer at Bybit.
You can join that right here 👉 https://go.coinbureau.com/cbtwsot
And of course, don't forget to subscribe to CB trading! CoinBureauTrading" rel="nofollow">https://www.youtube.com/@CoinBureauTrading
We chose Aave because it’s the best-in-class lending & borrowing protocol with top-notch security practices and a strong track record. Partnering with Aave enables us to deliver a reliable platform our users need.
According to British multinational bank Standard Chartered, SOL is projected to outperform ETH and BTC in 2025. Specifically, Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered, predicts a fivefold increase in SOL’s price, a fourfold increase in ETH’s price, and a threefold increase in BTC’s price if Donald Trump wins the U.S. presidential election. However, the outlook changes under the Kamala Harris administration. He claims that he expects BTC to outperform ETH and ETH to outperform SOL in 2025 if Harris wins. Explaining the logic, Kendrick states that he views a Trump administration as being more supportive of the broader crypto ecosystem (including Solana) compared to a Harris administration. He also expects Bitcoin to hit $200,000 by the end of 2025, irrespective of who wins the election.
Source
6️⃣ FTX Says Caroline Ellison To Give Up ‘All Of Her Assets’ In Settlement 💰
Caroline Ellison, the former co-CEO of Alameda Research, has reportedly agreed to turn over the bulk of her assets to FTX debtors in an effort to settle a lawsuit filed against her by the FTX bankruptcy estate. Specifically, Ellison has agreed to transfer any assets not forfeited to the government in her criminal case or used for legal fees to FTX creditors. The motion for approval, filed on Oct. 7, claims that “Ellison will have no remaining assets other than certain physical personal property,” once she complies with the settlement agreement. However, it did not specify the value of the assets she would forfeit. A hearing on the proposed settlement is scheduled for Nov. 20.
Source
According to a recent press release, the crypto-friendly neobank Revolut has blocked up to $13.5 million worth of “potentially fraudulent crypto transfers” over the past three months. It stated that the company’s “proactive approach” has led to an increase in the amount of potential customer losses it has prevented from such fraudulent crypto transfers. Woody Malouf, the company’s head of financial crime and fraud estimated that the platform saved customers more than $590 million in potentially fraudulent transactions in 2023. He stated that such potential fraud cases include schemes like celebrity endorsement scams, deepfakes and artificial intelligence-generated scams.
Source
🔥 Rally Report 🔥
EIGENLAYER
The price of EIGEN has rallied by 9% in the past 24 hours.
WHY?!
🕯 Likely a recovery rally following the drop in price due to recent FUD surrounding the “unauthorised selling of locked tokens.”
🧐 Sentiment for the token also appears to be recovering as some speculate the token may be undervalued relative to other similarly positioned projects in the market.
If you want to buy or trade EIGEN, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
🔗 https://www.coinbureau.com/deals/trading/blofin-cb/
Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
🚨 Livestream Alert!! 🚨
It’s time for another weekly crypto review!
Today we cover:
- Jobs Good, War Bad
- China Feeling FOMO?
- EIGEN is Live
- The Good, The Bad and The XRP
- Satoshi Unmasked?
- Top Gainers in Crypto
Join us LIVE!
🔔 MARKET MOVING NEWS! (07/10/24)
1️⃣ Russian 'Evil Corp' Group Hit With Sanctions After $100 Million in Ransomware Thefts ▶️
Evil Corp, a Russia-based cybercrime syndicate allegedly responsible for widespread financial theft and ransomware attacks, has reportedly been hit with sanctions from law enforcement agencies in the U.S., U.K. and Australia. Specifically, the agencies jointly imposed sanctions on key members of the group. The U.S. Department of Justice also simultaneously unsealed an indictment charging an Evil Corp member with deploying BitPaymer ransomware against victims in the United States. Evil Corp is also known for developing and distributing the Dridex malware, which has led to over $100 million stolen from hundreds of banks and financial institutions across more than 40 countries.
Source
2️⃣ Solana Dev Quits Project He Set Himself on Fire to Pump ❌
Mikol, the creator of the Truth or Dare (DARE) memecoin, has reportedly decided to quit the project. For context, Mikol performed live-streamed stunts to help pump his DARE token. He made headlines after setting himself on fire as a dare and was hospitalised with third-degree burns. Mikol told Decrypt last week that the only regret he has is not cashing out when he had the opportunity. He also stated that only two team members have remained in contact with him since the fiery incident. He claimed the rest “took their money and left,” including the unidentified “close friend” who came up with the idea to set him ablaze.
Source
3️⃣ U.S. Moves To Seize $2.7 Million From Lazarus Hacks Traced Through Tornado Cash, Other Mixers ❓
The U.S. Justice Department has reportedly filed two forfeiture actions to begin seizing more than $2.67 million worth of cryptocurrency stolen by the North Korean Lazarus hacking group. Specifically, the US government seeks to recover approximately $1.7 million in USDT stolen by the organisation in the 2022 Deribit hack and roughly $970,000 in Avalanche-bridged-Bitcoin (BTC.b) stolen by the organisation in the 2023 hack of the Stake.com gambling platform.
Source
4️⃣ New Ethereum Proposal Aims to Increase Throughput By 50% ⚡️
Ben Adams, the co-founder of Illyriad Games, has reportedly introduced a new Ethereum Improvement Proposal (EIP) that would slash block times on Ethereum and increase data capacity to boost overall throughput by 50%. Specifically, the proposal, titled EIP-7781, aims to slash block times on Ethereum from 12 seconds to 8 seconds – this is a 33% decrease. Pseudonymous developer Cygaar described EIP-7781 as the “first huge” step toward improving the base layer of the Ethereum network. Ethereum Foundation researcher Justin Drake also approved of the EIP on GitHub. He stated that its immediate proposal aligned with some of the broader goals proposed by Ethereum co-founder Vitalik Buterin.
Source
5️⃣ Tether Teases USDT Documentary On 10th Anniversary 🎙
On its 10th anniversary, stablecoin issuer Tether announced that it will release a documentary on USDT and its impact on fighting inflation. In its trailer, Tether presented interviews with users from Turkey, Brazil and Argentina who have benefited from the stablecoin as they attempt to combat inflation in their respective countries. One interviewee claimed that in Brazil, “Tether with USDT is like 90% of the transactions that Brazil makes during the day.”
Source
6️⃣ UAE Exempts Crypto Transfers, Conversion from Value-Added Tax ‼️
The United Arab Emirates Federal Tax Authority (FTA) has reportedly published amendments to the country’s value-added tax (VAT) rules that impact the tax treatment of digital assets such as crypto. Specifically, the amendments to the VAT regulations in the UAE will exempt VAT applications for the transfers and conversions of digital assets. The business consultancy company PwC noted that the exemptions in the transfer and conversion of virtual assets will be applied retrospectively from Jan. 1, 2018.
Source
7️⃣ Japan's Metaplanet Buys Another $6.7M Worth of Bitcoin 💸
🔔 MARKET MOVING NEWS! (06/10/24)
1️⃣ Telegram To Enable NFT Conversion For New Gifts Feature ⚡️
Yesterday, Telegram CEO Pavel Durov announced the launch of a new in-app feature that will include web3 functionality in the future. The feature, called Gifts, allows users to send and display animated images on their Telegram profile. Alternatively, users can convert these animated images into the social platform’s in-app currency ‘Stars’. As for the web3 functionality, Durov teased that limited-edition Gifts can be converted to TON-based NFTs in the future. Once converted, the limited-edition Gifts can be used outside of Telegram.
Source
2️⃣ LEGO Removes Crypto Scam From Homepage After Being Hacked ❓
Toy manufacturer LEGO Group has reportedly removed a "LEGO Coin" token scam that briefly appeared on its homepage after being hacked yesterday. According to screenshots on social media, the scam attempted to attract buyers by promising “secret rewards” to purchasers LEGO Coin. Anyone who clicked the “Buy Now” button was reportedly taken to a phishing site. LEGO reportedly told consumer tech product platform Engadget that no user accounts were compromised due to the scam’s ‘brief’ appearance.
Source
3️⃣ Vitalik Buterin Donates 100 ETH To Roman Storm Defence Fund 💰
Ethereum founder Vitalik Buterin has reportedly donated another 100 ETH to Tornado Cash developer Roman Storm's legal defence fund. Notably, this marks Vitalik’s third donation to the cause. According to the Defend Roman Storm crowdsourcing page, 148 different payments have been received for the developer's defence fund thus far. The total funds raised currently stand at 327 ETH (worth approx. $785,000)
Source
4️⃣ Coinbase Seeks Early Appeal In SEC Case After Agency Appeals Ripple Ruling 🔍
Crypto exchange Coinbase has reportedly asked the judge presiding over its battle with the SEC to reconsider an interlocutory appeal filed on behalf of the exchange in April 2024. The interlocutory appeal requested that the Second Circuit of Appeals be allowed to review a key question in the case: how the Howey Test, the traditional standard for what counts as a security based on a 1946 Supreme Court ruling, applies to digital assets. The latest filing to reconsider the interlocutory appeal comes after the SEC's recent appeal in its case against Ripple
Coinbase stated,
The SEC has conceded, and now reconfirms by its appeal in Ripple, that the issues presented by Howey’s application to secondary-market digital asset transactions are of 'industry-wide significance. Prompt and complete appellate review is urgently needed.
🚨 New Video Alert!! 🚨
China has finally snapped.
After years of slowing growth, the government decided to bazooka the economy with monetary stimulus. And now, it looks like they’re about to crank up the money printers to 11. Do you need us to tell you how bullish this is?!
Tune in to find out why this could be the biggest catalyst of this cycle!
🔥 Rally Report 🔥
POPCAT (SOL)
The price of POPCAT has rallied by 25% in the past 24 hours.
WHY?!
🕯 The rally is likely led by speculation surrounding the recent success of zoo memecoins. This has created a bullish breakout that has seen the market cap of the token hit new all-time highs at $1.2 billion.
🐈⬛ This makes Popcat the largest cat-themed memecoin across all chains.
If you want to buy or trade POPCAT, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
🔗 https://www.coinbureau.com/deals/trading/blofin-cb/
Looking for a Blofin guide?! 👇
🔍 https://www.coinbureau.com/review/blofin-review/
🔔 MARKET MOVING NEWS! (04/10/24)
1️⃣ Grayscale Launches Aave Investment Fund 💰
Crypto asset manager Grayscale has announced the launch of the Grayscale Aave Trust. The new fund will provide “eligible individual and institutional accredited investors" with exposure to Aave's AAVE token. The new fund is part of Grayscale’s broader strategy to expand their range of crypto investment products.
Grayscale’s Head of Product & Research, Rayhaneh Sharif-Askary stated,
Grayscale Aave Trust gives investors exposure to a protocol with the potential to revolutionise traditional finance. By leveraging blockchain technology and smart contracts, Aave's decentralised platform aims to optimise lending and borrowing while removing intermediaries and reducing reliance on human judgment.
🚨 New Video Alert!! 🚨
The SEC has approved the trading of options on BlackRocks’s spot bitcoin ETF, and they’re being hailed as ‘rocket fuel’ for BTC’s price already.
But why is that? Can’t you already trade options on BTC? What’s all the excitement about, and how does options trading work anyway?
Today, we have all the answers.
Tune in to find out why this could be the next big thing for bitcoin.