Martin

@martin-

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129 Followers

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📉 Arthur Hayes bet on bitcoin falling: BTC is heavy, I'm targeting $50,000 this weekend and taking a bold short. Pray for my soul, for I am a degenerate.

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👀 Telegram has updated its FAQ section on inappropriate content and removed the information that chats are private and data is not to be shared with authorities

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If miners transfer 20% of their energy capacity to the AI sector, they will be able to generate about $13.9 billion in additional annual revenue. These estimates were shared by VanEck experts

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The bitcoin-ETF segment recorded a significant inflow of funds - $192 mln. The inflows were maintained for the second day in a row. At the same time, interest in Ethereum-ETF leaves much to be desired - as a result of yesterday's session, a cumulative outflow of $2.8 mln was recorded. Inflows to the funds are minimal.

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OKX EO Star Xu warned against exchange users interacting with sub-sanctioned services such as Tornado Cash or Garantex. According to him, the risk control system will be triggered at deposit or withdrawal and the exchange account will be blocked.

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Anatoly Legkodymov, founder of the Bitzlato exchange, has been sentenced to 18 months in the US, which he has already served in a pre-trial detention center, for setting up an unlicensed money transfer business that helped hide more than $700 million in darknet proceeds for criminals.

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The volume of deposits to OFAC-sanctioned cryptomixer Tornado Cash reached $1.85 billion in the first six months of 2024. For comparison, for the whole of 2023 this figure amounted to $1.28 billion. The demand for the service has increased against the backdrop of continued sanctions by the US Ministry of Finance and litigation involving its founders.

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Investment giant Paradigm has set up a new fund to invest in early-stage cryptocurrency startups. They are allocating $850 million to the structure

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Former kickboxer Andrew Tate's DADDY memcoin outpaced performer Iggy Azalea's MOTHER in capitalization, so Tate made good on his promise to destroy his coins. On June 13, he burned $110 million worth of DADDY - roughly 40% of the asset's entire issue. However, analysts have warned of the risks associated with the meme token. According to their data, insiders have bought about 30% of DADDY's volume. One such made $5.6 million after spending less than $2,000.

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Gemholic team accused of rug pull for $3.4 mln. After the v24 update, 921 ETH belonging to the project, accidentally locked in a smart contract in April 2023, became available in the zkSync mainnet.

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The Friend.Tech team announced the move to Friendchain, a proprietary network they are developing in partnership with blockchain infrastructure company Conduit. After the announcement, the FRIEND token soared 33% to $1.46, but then corrected to $1.2.

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According to Reuters, Donald Trump raised $12 million for his presidential campaign at an event for Silicon Valley venture capitalists organized by Chamath Palihapitiya and David Sachs.

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The US SEC has asked issuers of spot Ethereum-ETFs to send updated Forms S-1 by Friday, May 31, media reports said. The regulator will then provide its comments, which may be followed by new amendments.👍 👍 👍

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MAGA (TRUMP), the largest by capitalization, first fell 35% before starting to rise. The reverse situation occurred with Joe Boden. The greatest volatility was shown by the newly created token FreeTrump, the rate of which grew by 750%.

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Donald Trump's topical token reacted with strong volatility last night. A US court found the former US president guilty of 34 charges related to falsifying business records and attempting to conceal a $130,000 hush money payment to a porn actress ahead of the 2016 presidential campaign.

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According to Lookonchain's observations, the wallet spent 5.14 SOL to buy 86.55 million MOTHER (8.66% of the total supply) and then sold 80.41 million tokens for 3,035.5 SOL. This leaves 6.14 million tokens worth $148,000 in his wallet.

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“Given organic sales by miners of ~$32 million per day post-halving, purchases by U.S. ETFs alone are eight times that figure. This underscores the scale of the funds' exposure.” There is a downside to the broad institutionalization of crypto - growth is also becoming more moderate, the analysts concluded.

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The 2023-2024 uptrend seems remarkably similar to the 2015-2017 bull market, Glassnode analysts said in a new report.

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In the first quarter of this year, 25 cryptocurrency-focused venture capital and hedge funds entered the market, which is the highest number since 2021.

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Memecoin traders have proven to be the smartest in this market cycle! A series of statements about cryptocurrencies voiced by former US President Donald Trump last weekend had a positive impact on the rate of thematic tokens, in particular MAGA (TRUMP).

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