Crypto_forex💰


Channel's geo and language: Ethiopia, English


Your one-stop shop for crypto and forex insights, analysis, and trading strategies. Join us for market updates, expert opinions, and community discussions.
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After stealing around $20 million from a government wallet, the hacker returned 88% of the funds — approximately $19.3 million in $aUSDC and ETH.

Authorities noticed the theft after unusual transactions were detected on a wallet linked to the Bitfinex case


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Every time after a green September, BTC tends to rise in the following three months  📈

We’ll find out soon... 👀

Despite Bitcoin’s price dropping to $64,000 last night, it’s unlikely to fall below $60,000; if that happens, September would close with a red candle.


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📊 Bitcoin has risen in price by 49.2% since the beginning of the year, showing the best dynamics among key assets - a number of drivers can extend the upward dynamics in Q4.

October-December is traditionally a bullish period for the asset, and there are several factors that will allow the dynamics to be repeated, including the upcoming US elections on November 5.

👀Donald Trump's victory will lead to significant growth


Danksharding vs. Proto-Danksharding

Danksharding and proto-danksharding are pivotal technologies in Ethereum’s roadmap to improve scalability, especially for layer-2 rollup solutions. Proto-danksharding, introduced in EIP-4844, is a stepping stone toward full danksharding and is set to debut in Ethereum’s Cancun-Deneb upgrade (Dencun) on March 13, 2024.

Danksharding focuses on optimizing Ethereum’s scalability, making rollups faster and cheaper. Proto-danksharding, as an intermediate step, lays the groundwork for these improvements.

By leveraging layer-2 solutions like rollups, Ethereum can scale up from 15 transactions per second to thousands, reducing fees and enhancing overall efficiency.


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🔥 Shieldcoin creator accidentally burned $10 million worth of investor tokens

The creator of the Solana blockchain memcoin Slerf, which raised over 50,000 SOLs and over $10 million in pre-sale, has accidentally burned all LP and airdrop tokens.

Investors who were expecting exorbitant Xs will now receive neither tokens nor refunds.

Meanwhile, the SLERF token rose by 940% in 24 hours, and capitalization on CoinGecko reached $400 million.
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US senators call for action against cryptocurrency mining in Iran

🇺🇸 Senators Elizabeth Warren and Angus King have sent a request to the Joe Biden administration for details on combating Iran's evasion of cryptocurrency 🔨mining sanctions. They are concerned that since 2019, when Iran legalized mining, the country has earned 💵 millions of dollars that go towards financing terrorism and circumventing sanctions.

Warren and King note that 🇮🇷 Iran is one of the world's leading producers of bitcoins and uses the digital asset to 🧺 launder money, which threatens national security. They point ➡️ to the Binance exchange, which has processed $8 billion worth of Iranian crypto transactions over four years.

✔️ The senators are asking for information on mining revenues in Iran from 2021, the connection between digital assets and the Iranian government, and steps to address national security threats by May 16.


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Peter Brandt, a senior chart analyst and founder of Factor Trading, who successfully predicted the plunge of Bitcoin in 2018, said that the ratio of Bitcoin to gold may rise by more than 400% by 2025


Matrixport: Bitcoin 📊➡️unexpectedly strengthened in September, and investors are optimistic about its potential. in October.


Simon Gerovich, CEO of Metaplanet, reported a steady increase in the company's Bitcoin holdings per share since adopting the Bitcoin standard, highlighting the firm's commitment to boosting long-term shareholder value 📊

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