Crypto News & Update

JUST IN: BlackRock’s spot Bitcoin ETF surpasses $1.1 billion in trading volume today.

JUST IN: 🇳🇬 Nigeria blocks access to the following crypto exchanges: • Kraken • Binance • Coinbase

JUST IN: Capital One to acquire Discover for $35.3 billion, CNBC reports.

JUST IN: Michael Saylor's MicroStrategy Bitcoin investment is now at a $3,500,000,000 unrealized profit.

JUST IN: 10,000 blocks remain until Bitcoin halving.

JUST IN: Andrew Tate proposes launching his own cryptocurrency, backing it with $100 million and never selling. @ftucrypto

JUST IN: Spot Bitcoin ETFs hold 3.3% of the current BTC supply. @ftucrypto

BREAKING: 🚨 German Police Seize 50,000 💰 Bitcoins Worth Over 2.17 Billion Euros, Allegedly Purchased with Money Earned from Operating a Film Piracy Website Until 2013 🎥 In a groundbreaking operation, the German police have confiscated around 50,000 Bitcoins, valued at approximately 2 billion euros. This incident marks one of the largest seizures of its kind in the country. 🇩🇪 The Bitcoins were seized following investigations into two individuals suspected of operating a piracy website and engaging in money laundering activities. The suspects voluntarily transferred the Bitcoins to a federal authority. Investigations are ongoing, with more details to be released soon. 📈[] @ftucrypto

Did you know that one of the most oldest and most profitable business in history are Casinos? 🎰 The house always win, with online casinos gaining rapid popularity, it is now your chance to take part in this ever growing trend: ✅ Hypeloot.com was established in 2022 and has over 150.000 registered users worldwide. Hypeloot will launch its own utility token $HPLT, you can own a share and get daily profits ➡️ Hypeloot.com is backed by a real product and experienced team, learn more now at **presale.hypeloot.com **😱 @ftucrypto

🌐 Will Bitcoin Achieve the Longest Winning Streak Since the Pandemic? 🚀 A five-month rise could be the longest since a six-month period from October 2020 to March 2021. Back then, Bitcoin soared to a record high of $69,000. 🌟 Spot Bitcoin ETFs by BlackRock Inc. and Fidelity Investments launched on January 11th in the USA. Prior to the launches, Bitcoin surged by nearly 160% last year, in anticipation of attracting new investors through these ETFs. 📉 However, following the introduction of the funds, Bitcoin experienced a drop of about 21% in just 12 days. 🔍 According to Sean Farrell of Fundstrat Global Advisors LLC, the slowdown in outflows from the Grayscale Fund is a significant positive factor for market sentiment. 📈[] @ftucrypto

Crypto speak: KYC Short for “Know Your Customer,” KYC is a verification process businesses conduct to identify their customers and clients. Most CEXs require users to complete KYC verification to identify the user and comply with regional laws, which also makes the platforms safer. The process only takes a few minutes, with the CEX requesting a photo ID and a selfie. Meanwhile, one of the biggest advantages of DEXs is the lack of KYC requirements. 📈[] @ftucrypto

🇺🇸 Billionaire Tim Draper says the US Government finally understands that "💰 Bitcoin is actually better for everyone." 📈[] @ftucrypto

BREAKING: 🇺🇸 Federal Reserve leaves interest rates unchanged, remains at 5.25% - 5.50%. @ftucrypto

🖥 Google has updated its advertising policy to allow Bitcoin and crypto trust products to be advertised. This change has led companies like BlackRock and VanEck to start advertising spot Bitcoin ETFs on Google. 📈[] @ftucrypto

JUST IN: FTX expects to repay its crypto customers in full. @ftucrypto

JUST IN: 🇸🇦 Saudi Arabia officially joins BRICS. @ftucrypto

JUST IN: Ripple hacked for 213 million $XRP worth over $112.5 million, ZachXBT reports. @ftucrypto

BREAKING: 🆘 A Hong Kong court has ruled that Evergrande, China's largest real estate developer, must be liquidated. The stock is now down another 20% today on the news and trading has been halted. The Real Estate Giant Owes Over $300 Billion 📈[] @ftucrypto

What happens if mining becomes unprofitable and all miners leave Bitcoin? This is a popular question! If miners start leaving Bitcoin en masse, the difficulty of mining will decrease. This means that it will be easier for the remaining miners to mine Bitcoin, which in turn will bring new miners to the blockchain =) Thus, the system is self-regulating, and it is very unlikely that the Bitcoin network will suddenly collapse due to a miner exodus. 📈[] @ftucrypto