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🔔 MARKET MOVING NEWS! (05/07/24) 1️⃣ U.S. Nonfarm Payrolls Data Released ⚡️ The U.S. announced that the seasonally adjusted non-farm payrolls increased by 206,000 in June, compared with 272,000 in the previous month and 190,000 expected. The unemployment rate rose to 4.1% in June, compared with 4% in the previous month and 4% expected. The last time unemployment was above 4% was in November 2021, when the rate was also 4.1%. Notably, labour market weakness is expected to be bullish since this makes it more likely that the Fed will consider lowering interest rates, which increases the attractiveness of risk assets like stocks and crypto. Source 2️⃣ Mt Gox Creditors May Have To Wait For Up To Three Months To Receive Their Bitcoin 💸 Earlier today, defunct crypto exchange Mt Gox announced that it had started making repayments to customers. The announcement comes after on-chain intelligence firm Arkham Intelligence reported that Mt. Gox had transferred 47,229 Bitcoin (worth $2.71 billion) to a new wallet address in its first major transaction since May. While the process has been initiated, Mt Gox creditors may have to wait up to three months to receive their Bitcoin or Bitcoin Cash repayments. Specifically, the document states that the timeline for repayments varies depending on the exchanges, with Kraken taking up to 90 days, Bitstamp taking up to 60 days, BitGo taking up to 20 days, and SBI VC Trade and Bitbank completing payouts within 14 days. Source 3️⃣ Crypto Exchanges Subject to EU Travel Rule In 6 Months 🤔 The European Banking Authority (EBA) has announced that it will be extending the Travel Rules guidelines to crypto service providers and their intermediaries from Dec. 30th. Notably, the travel rules mandate reporting information on transfers of funds and crypto assets. As a result, crypto asset service providers (CASPs), as defined in the EU’s MiCA regulation, will be subject to the EU’s Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) regime. Source 4️⃣ Crypto Exchange KuCoin Adds 7.5% Tax for Nigeria Users, Citing 'Regulatory Update' ‼️ On Wednesday, crypto exchange KuCoin announced it would begin charging Nigerian users a value-added tax (VAT) on transactions. Specifically, the new VAT charges would be implemented starting July 8th at a rate of 7.5% on transaction fees in each trade. The exchange cited a “regulatory update” in the email it sent to customers. The tax reportedly applies to “all transaction types on the KuCoin platform.” Source
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What’s Going On With CRYPTO?! This Report REVEALS All!

🛒 Get The Hottest Crypto Deals 👉 http://www.coinbureau.com/deals ♣️ Join The Coin Bureau Club 👉

https://hub.coinbureau.com/

💥 Coin Bureau Discord 👉

https://go.coinbureau.com/cb-discord

📲 Insider Info in our Socials 👉

https://www.coinbureau.com/socials/

👕 Best Crypto Merch 👉

https://store.coinbureau.com/?utm_source=youtube&utm_medium=description&utm_campaign=store_homepage

🔥 TOP Crypto TIPS In Our Newsletter 👉

https://www.coinbureau.com/newsletters/

~~~~~ 📺 Essential Videos 📺 FDV Explained 👉

https://youtu.be/fUj7EM-6kQ0?si=JAxIOIm0e7nUkcwr

Celebrity Memecoins 👉

https://youtu.be/ZviNi8NeldI?si=M5U0YOL4KIcdGjMP

Airdrop Farming Guide 👉

https://youtu.be/M_xU4Di0dBE?si=9CLH-ZWJwNdOg3a9

Cryptos with HUGE potential 👉

https://youtu.be/okRkfRTYEfI?si=bfLmRciOJAetNx7H

Bitcoin Runes Protocol 👉

https://youtu.be/o5DtseL4cE4?si=8F6VoSKIC2Z-e-q4

BTC Price Prediction Update 👉

https://youtu.be/pr6r-WEiH24?si=rISXuU4r_iKPI7OK

~~~~~ ⛓️ 🔗 Useful Links 🔗 ⛓️ ► Kucoin Full June 2024 Report:

https://drive.google.com/file/d/1EPfO-1R4wP16WvciRCBYeawAP-51UpSz/view

~~~~~ - TIMESTAMPS - 0:00 Intro 0:30 Macro and Crypto Sentiment 7:02 Layer 2s 11:12 Airdrops, Toncoin 15:03 Bitcoin Ecosystem 18:57 Crypto Regulation 23:34 What This All Means for Crypto 26:18 Outro ~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. #Crypto #BTC #Bitcoin #Altcoins

🚨 New Video Alert!! 🚨 Let's be honest, the last few weeks and months in crypto have been all over the place. So much so, that getting a grip on what’s going on is easier said than done. So, when a crypto exchange releases a report that sums up exactly that, it’s safe to say that we should all be paying attention. That’s because out of any entity out there, it’s exchanges that will have their finger on the pulse before anyone else. As it happens, one of the largest exchanges out there, Kucoin, has released their monthly crypto research report for June 2024. It reveals that there’s been a LOT happening lately, so we thought it’s high time we summarise this report for you guys, and tell you what this could all mean for the market. So, grab your popcorn, fire up that like button, sit back and enjoy!
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🔔 MARKET MOVING NEWS! (04/07/24) 1️⃣ Crypto Market Sees $295 Million In Liquidations Across Exchanges Over Past 24 Hours 🔽 According to data from Coinglass, centralised exchanges saw over $77 million in BTC long liquidations in the past 24 hours. The broader cryptocurrency market also saw over $295 million in liquidations on centralised exchanges, with around $259 million in long positions. Ether also faced significant liquidations, with over $71 million liquidated — of which $62 million were long positions. Source 2️⃣ Basel Committee Approves Disclosure Framework for Crypto Exposures ‼️ The Basel Committee on Banking Supervision, the primary global standard setter for prudential banks, has reportedly approved a disclosure framework for banks' exposure to crypto assets. The framework requires banks to disclose qualitative information on their crypto activities and quantitative information on their exposure to crypto. The disclosure framework is expected to be implemented by the start of 2026. Source 3️⃣ German Government Transfers $172M In Bitcoin To Multiple Locations 💸 A crypto wallet linked to the German government has reportedly transferred 3,000 BTC (worth $175 million) to various addresses. Of the 3000 BTC, the German government transferred 1700 BTC to an unidentified address starting with "139Po," while 500 bitcoins were sent to Bitstamp, 400 bitcoins to Coinbase, and 400 bitcoins to Kraken. This is the latest in a series of transactions made by the German government, indicating a potential intention to sell the assets. The government currently holds 40,359 bitcoins, worth about $2.32 billion. Source 4️⃣ Consensys Acquires Wallet Guard To Help Protect Metamask Users Against Hacks And Scams 💰 MetaMask wallet developer Consensys has reportedly acquired the crypto security app Wallet Guard. The acquisition aims to integrate Wallet Guard’s advanced security features into MetaMask to improve user protection within Web3. The integration will reportedly improve drainer detection via transaction validation and client-side heuristics, providing users with real-time protection against malicious dapps and scams. Notably, the acquisition follows Consensys' integration of Blockaid security alerts into MetaMask earlier this year. Source 5️⃣ The SEC Is Now Going After Crypto VCs, Says BlockTower Capital Founder 🔍 In a recent episode of the Unchained podcast, BlockTower Capital’s chief investment officer Ari Paul revealed that the US Securities and Exchange Commission has launched a “bunch of investigations” targeting crypto venture capital firms for “acting as unregistered securities dealers.” The development marks the latest escalation in the SEC’s crackdown on the digital assets industry. Source
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🔥 Rally Report 🔥 MANTRA The price of OM has rallied by 8% in the past 24 hours. WHY?! ☄️The Mantra Chain announced that it will tokenise $500 million worth of real estate assets of Dubai-based real estate developer MAG Group. The assets will be tokenised in multiple tranches, with the first tranche including a residential project and a $75 million mega-mansion. 💰 Investors will earn yield through stablecoins and Mantra's OM token. They are expected to receive yields of 8% from the stablecoins and be granted additional OM tokens. The specifics of the yield, such as the stablecoin to be used and the amount of OM to be allocated, are still under discussion. If you want to buy or trade OM, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as a 70% fee discount! 🔗 https://www.coinbureau.com/deals/trading/blofin-cb/ Looking for a Blofin guide?! 👇 🔍 https://www.coinbureau.com/review/blofin-review/
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Central Banks Buying BITCOIN?! What This Means For CRYPTO!

🛒 Get The Hottest Crypto Deals 👉 http://www.coinbureau.com/deals ♣️ Join The Coin Bureau Club 👉

https://hub.coinbureau.com/

💥 Coin Bureau Discord 👉

https://go.coinbureau.com/cb-discord

📲 Insider Info in our Socials 👉

https://www.coinbureau.com/socials/

👕 Best Crypto Merch 👉

https://store.coinbureau.com/?utm_source=youtube&utm_medium=description&utm_campaign=store_homepage

🔥 TOP Crypto TIPS In Our Newsletter 👉

https://www.coinbureau.com/newsletters/

~~~~~ 📺 Essential Videos 📺 Crypto Vs. CBDCs 👉

https://www.youtube.com/watch?v=Vb1Y760Sazc&t=1458s

BTC Vs. Gold 👉

https://www.youtube.com/watch?v=P18frOZUZmU

~~~~~ ⛓️ 🔗 Useful Links 🔗 ⛓️ ► CBDC:

https://www.coinbureau.com/education/central-bank-digital-currencies-cbdc/

► Track Global CBDCs:

https://cbdctracker.org/

► Consensys Sued by SEC:

https://www.coindesk.com/policy/2024/04/25/consensys-sues-sec-over-unlawful-seizure-of-authority-over-ethereum/

► Iran’s $10m Crypto Import:

https://www.coindesk.com/business/2022/08/09/iran-places-first-crypto-funded-import-order-worth-10m-report/

~~~~~ - TIMESTAMPS - 0:00 Intro 0:34 Central Banks & Crypto 3:42 Why Central Banks Could Hold BTC 7:23 What Needs to Happen First 11:30 How This Could Affect BTC 14:32 Potential Downside Risks 16:35 Altcoins 20:00 Outro ~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. #Crypto #CBDC #Bitcoin

🚨 New Video Alert!! 🚨 Back in 2021, El Salvador made Bitcoin legal tender. It was a monumental moment in Crypto’s history, and marked the dawn of a new era. Since then, many people have been speculating about which central bank will be next in line to start holding crypto as a reserve asset, and if - or when - they’ll do it. And, if they do begin hoarding BTC, will they also look to buy up other cryptocurrencies while they’re at it? Today’s video takes a hard look at just that. We’ll discuss why central banks have crypto on their radars, why they could hold BTC, altcoins that could be considered, and what this could all mean for the crypto market. We’ll see you at the like button. Enjoy!
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🔔 MARKET MOVING NEWS! (03/07/24) 1️⃣ Ethereum Will Outperform Bitcoin After ETF Launch — K33 Research 📈 In a report published yesterday, K33 analysts Vetle Lunde and David Zimmerman state that the launch of spot Ether exchange-traded funds (ETFs) could see the price of ETH outperform BTC in the weeks after they go live in the United States. Specifically, the analysts note that Bitcoin is set to face selling pressure from $8.5 billion worth of BTC being returned to creditors of collapsed exchange Mt. Gox starting this week. Lunde and Zimmerman also state that it’s reasonable to expect the price of ETH to “stumble immediately following the launch of the ETFs” but noted that inflows to the spot funds would likely bolster ETH’s price. Source 2️⃣ Sydney Sweeney's Twitter Account Hacked to Pump Yet Another Meme Coin Scam ‼️ Actress Sydney Sweeney's Twitter account appeared to have suffered another crypto-related Twitter hack on Tuesday afternoon. Notably, this is the second time the account was hacked this year. The hackers used her account to promote a Solana meme coin, SWEENEY, which attracted $13 million in trading volume within an hour. The creators of the SWEENEY token's Telegram account admitted to hacking Sweeney's account and claimed responsibility for hacking other celebrities as well. Source 3️⃣ Binance Executive 'Suffering Immensely' in Nigeria While Authorities Withhold Health Records 🥶 The family of Tigran Gambaryan, a senior executive at Binance being held in a Nigerian jail, said he is “suffering immensely” as the country’s prison officials refused to release health records despite court orders. Gambaryan’s family stated that his health has continued to deteriorate in detention and that he has complained of numbness in his foot as well as back pain. He has had double pneumonia and malaria while in prison. Source 4️⃣ Bittensor Halts Network After Reported Security Attack On Wallets: ZachXBT ▶️ Decentralised AI project Bittensor has reportedly halted its blockchain network after receiving reports of an unusual attack on Bittensor wallets, potentially involving leaked private keys. According to on-chain sleuth ZachXBT, $8 million worth of TAO was stolen today. All transactions have been paused to prevent further unauthorised access while the team conducts an investigation. A Bittensor community Discord administrator stated,
We are investigating what appears to have been an attack on a number of Bittensor wallets over the last 3 hours. We are investigating, and in an abundance of caution, have recently fully halted transactions on-chain until there is more information available to us about the nature of this attack.
Source 5️⃣ South Korea Crypto Body Says Mass Token Delistings ‘Unlikely’ Amid New Laws 🤔 The Digital Asset Exchange Alliance (DAXA), a group of 20 South Korean crypto exchanges, has unveiled new guidelines seeking to avert mass delistings ahead of the upcoming legislation aimed at curbing market manipulation. The guidelines standardise criteria for supporting and terminating digital asset trading on exchange platforms. DAXA stated that the exchanges will review a total of 1,333 cryptocurrencies over the next six months as part of the new crypto user protection laws. It also noted,
Domestic major exchanges have been applying key criteria of the best practices pre-emptively since late 2023. Thus, the likelihood of large-scale delistings occurring all at once is low.
Source
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Ethereum About To EXPLODE?! ETH Price Predictions & Updates!!

🛒 Get The Hottest Crypto Deals 👉 http://www.coinbureau.com/deals ♣️ Join The Coin Bureau Club 👉

https://hub.coinbureau.com/

💥 Coin Bureau Discord 👉

https://go.coinbureau.com/cb-discord

📲 Insider Info in our Socials 👉

https://www.coinbureau.com/socials/

👕 Best Crypto Merch 👉

https://store.coinbureau.com/?utm_source=youtube&utm_medium=description&utm_campaign=store_homepage

🔥 TOP Crypto TIPS In Our Newsletter 👉

https://www.coinbureau.com/newsletters/

~~~~~ 📺 Essential Videos 📺 Previous Ethereum Update 👉

https://youtu.be/N_dsJ65HV4w?si=CRZur50c8kimpSx2

Top Crypto Narratives 👉

https://youtu.be/0QJ2eKBaqHU?si=8Hl3GKDqDuf5j5I6

Who Controls Ethereum 👉

https://youtu.be/YXpp7p9zt9o?si=L99tiNWxjPNAPi7L

Is ETH A Security 👉

https://youtu.be/OpVfpNJzvII?si=sx284oD7frJCit4D

Ethereum ETF Updates 👉

https://youtu.be/WBfuSjVdHao?si=gf6b33q1IpY4V4mC

Recession Incoming 👉

https://youtu.be/RBDtFgLwtbE?si=gbR9GRuNw-cbSpPe

Dencun Upgrade 👉

https://youtu.be/hC8V-54Rvas?si=sQaeE8SrqIEoBkye

~~~~~ ⛓️ 🔗 Useful Links 🔗 ⛓️ ► Dencun Issues:

https://cointelegraph.com/news/ethereum-dencun-upgrade-goes-live-testnet-after-4-hour-delay

► SEC Ends Ethereum 2.0 Investigation:

https://www.coindesk.com/policy/2024/06/19/sec-ends-probe-into-consensus-wont-sue-over-ethereum/

► Spot Ethereum ETFs Coming By July 4th:

https://www.theblock.co/post/302126/sec-could-approve-spot-ethereum-etfs-by-july-4-report

► Spot Ethereum ETF Price Volatility:

https://www.coindesk.com/business/2024/05/22/ether-volatility-expected-as-traders-flood-exchanges-with-231m-of-eth-amid-etf-hopes/

► Ethereum Pectra Upgrade:

https://www.bankless.com/ethereum-pectra-eips

► Ethereum Lacks Elevator Pitch:

https://cointelegraph.com/news/ethereum-elevator-pitch-bitcoin-digital-gold-analysts

~~~~~ - TIMESTAMPS - 0:00 Intro 0:29 Dencun, Issues 4:18 SEC, Restaking 9:04 Spot Ethereum ETFs 13:15 ETH Price Analysis 17:47 Ethereum Roadmap 20:55 Ethereum Challenges 26:57 Outro ~~~~~ 📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. #Crypto #News #Ethereum #Eth

🚨 New Video Alert!! 🚨 It’s a critical moment for Ethereum. By the time you read this message, the spot Ethereum ETFs will be live or close to it. This begs the question of what comes next for ETH. To find the answer, we need to get a sense of what Ethereum has been up to recently. It’s been half a year since our last proper Ethereum update, so it’s safe to say that a lot has happened since then. Taken together, these factors suggest that the spot Ethereum ETF listings could result in serious volatility for ETH. We take a close look at exactly how high or low ETH could go in either scenario. This is a video every ETH holder needs to see!
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