🚨 Don't Miss This Bitcoin Trend Trading Masterclass! 🚨
Aaron from Coin Bureau Trading breaks down the key trend-based indicators and what they reveal about Bitcoin's next move!
Whether you're new to trend trading or looking to sharpen your skills, this video is packed with essential insights.
Watch now and subscribe to Coin Bureau Trading for more expert analysis and crypto strategies. You won't want to miss what's coming next! 🔥
🚨 New Video Alert!! 🚨
Elon Musk says that Tesla’s humanoid robot will be the “biggest product ever of any kind”.
But tech companies have been building humanoids for decades now, with little commercial success.
What makes this time different? Will a new wave of humanoids bring us to utopia, dystopia, or even extinction? Or is the latest robot hype just one big larp?
Lock in to today’s video to find out.
🔥 Rally Report 🔥
RAYDIUM
The price of RAY has rallied by 13% in the past 24 hours.
WHY?!
📈 The rally appears to be driven by strong investor confidence in Raydium’s dominant position within the Solana ecosystem. According to a Dune Dashboard, Raydium currently controls over 50% of the total DEX volume in the Solana ecosystem.
💰 Data from DefiLlama also shows that Raydium recently beat the Ethereum network in 24-hour revenue. Specifically, Raydium recorded $3.4 million in fee revenue while Ethereum only collected $3.35 million in fee revenue on Oct 21st.
If you want to buy or trade RAY, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
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🔍 https://www.coinbureau.com/review/blofin-review/
🔔 MARKET MOVING NEWS! (26/10/24)
1️⃣ Bitfinex Wallet Hacker Returns Most Of The $20 Million Back To US Government 🧐
The hacker who drained a United States government wallet of approximately $20 million on Oct. 24 has reportedly returned $19.3 million to the government wallet less than 24 hours later. According to Arkham Intelligence, the hacker returned approximately 2,412 ETH and $13.2 million in Aave-staked USDC (aUSDC). Onchain sleuth ZackXBT noted that the returned funds do not include the ~$700,000 the hacker sent to instant exchanges. The identity of the hacker remains undiscovered.
Source
2️⃣ Prosecutors Expected To Offer Plea Deal To Alleged SEC Hacker Who Falsely Said Bitcoin ETFs Were Approved ❓
U.S. prosecutors are reportedly preparing to offer a plea deal to Eric Council Jr., the individual charged over his alleged involvement with hacking the United States Securities and Exchange Commission’s X account and posting a message suggesting that Bitcoin exchange-traded funds (ETFs) had been approved. The intention was declared by Assistant U.S. Attorney Kevin Rosenberg during a hearing at the U.S. District Court in the District of Columbia on Friday. Eric Council Jr. has already pleaded not guilty to the charges brought by the prosecutors.
Source
3️⃣ Tether CEO: ‘No Indication’ US Treasury Is Investigating Stablecoin Issuer 🔍
Yesterday, the Wall Street Journal published a report claiming that the federal government was investigating stablecoin issuer Tether for possible violations of sanctions and anti-money-laundering rules. However, Tether CEO Paolo Ardoino has denied the newspaper’s claims, stating that there was "no indication" the firm was being investigated.
A Tether spokesperson told Decrypt,
It is wildly irresponsible for WSJ to write articles with reckless allegations with such certainty when no authorities have gone on the record to confirm these rumours, and no sources are named. These stories are based on pure rank speculation despite Tether confirming that it has no knowledge of any such investigations into the company. The article also carelessly glosses over Tether’s well-documented and extensive dealings with law enforcement to crack down on bad actors seeking to misuse Tether and other cryptocurrencies.
According to Arkham Intelligence, an attacker has stolen approximately $20 million worth of stablecoins and ETH from wallets belonging to the U.S. government. The wallet in question reportedly contained funds the U.S. government seized from the hacker behind the 2016 exploit of the crypto exchange Bitfinex. Arkham claims the hacker has started converting the stablecoins into ETH and laundering the funds through addresses likely associated with a money-laundering service.
Source
🔥 Rally Report 🔥
SAFE
The price of SAFE has rallied by 16% in the past 24 hours.
WHY?!
🕯 Binance Futures has announced that it will list SAFEUSDT perpetual contract with up to 75x leverage at 2024-10-25 12:30 (UTC).
‼️ The announcement comes just a day after South Korean crypto exchange Upbit announced new trading pairs for SAFE.
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🚨 Bitcoin's Next Move? CME Gaps, Liquidity Pools & Megaphone Pattern! 🚨
Mariano is back with a deep dive into Bitcoin's recent price action. In today's video, he breaks down the battle between CME gaps and liquidity pools, the potential breakout from the megaphone pattern, and what traders should watch next.
If you’re serious about swing trading Bitcoin, this is a video you can't afford to miss. Hit play to get the latest insights on what might come next for BTC!
Watch now and don’t forget to subscribe to Coin Bureau Trading for more in-depth analysis! 👇
🚨New Video Alert!!🚨
As crypto grows, so too does the regulatory scrutiny, and not just in the US. Regulators around the world are turning their focus to crypto, and it looks like they’re trying to indoctrinate retail investors.
A recent report from IOSCO, an unaccountable and unelected international organization, reveals that regulators have been engaged in what effectively amount to propaganda campaigns around crypto.
Not surprisingly, these campaigns haven’t been very successful. What is surprising is just how bullish these campaigns could be, as they necessarily imply that retail is coming back to crypto in a big way.
Enjoy!
🔥 Rally Report 🔥
GOATSEUS MAXIMUS
The price of GOAT has rallied by 25% in the past 24 hours.
WHY?!
📈 The rally follows the recent popularity of the AI chatbot Truth Terminal which shilled GOAT last week.
❓ Truth Terminal made the headlines today after its weird interaction with the Coinbase CEO on X (formerly Twitter).
If you want to buy or trade GOAT, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
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🔍 https://www.coinbureau.com/review/blofin-review/
🚨 New Video Alert!! 🚨
There are plenty of examples of people making life-changing gains with crypto - some more than others. But, who are the richest people in all of crypto? Specifically, which of crypto’s wealthiest individuals have their net worths almost exclusively in cryptocurrency assets?
The answer to this question isn’t as straightforward as you might think. For instance, a few names that immediately come to mind include Coinbase CEO Brian Armstrong, or Microstrategy’s very own Michael Saylor. However, these guys (and many others besides) have a big chunk of their wealth in Coinbase and Microstrategy stock, respectively. So, scratch them off your list.
We also need to be able to actually identify these individuals. Naturally, this rules out various crypto hackers who have stolen millions of dollars worth of crypto over the years, as well as pseudonymous individuals - and yes, that includes Satoshi Nakamoto (who is rumoured to hold 1 million BTC, by the way).
So, if you’re wondering who the biggest crypto whales in the world are, this video has the answers. We’ll give you a rundown of the 5 richest people in the space, and tell you the steps you could take to make some serious bank of your own.
Enjoy!
🔔 MARKET MOVING NEWS! (22/10/24)
1️⃣ Transak Hit By Data Breach, 92K Users Exposed 🥶
Crypto on-ramp service Transak reportedly suffered a data breach that affected over 92,000 users. According to an Oct. 21 blog post, the data breach comes after a malicious actor gained access to an employee’s laptop through a phishing attack. The attacker reportedly gained access to sensitive information such as names, dates of birth, passports, driver’s licenses and selfies of 92,554 users, or 1.14% of Transak’s user base. However, Transak stated that it “can confirm” that no assets or “financially sensitive” data such as social security numbers or credit card details were compromised.
Source
2️⃣ Ripple Co-Founder Chris Larsen Donates Another $10 Million in XRP to Support Kamala Harris ▶️
Ripple co-founder and Executive Chairman Chris Larsen reportedly donated another $10 million worth of XRP to support Vice President Kamala Harris' campaign for U.S. president. Specifically, Larsen donated to Future Forward, a prominent Democratic political action committee. Federal Election Commission records show Larsen had previously donated $1.75 million to the PAC. He's also given hundreds of thousands of dollars to Democratic congressional campaigns.
Source
3️⃣ CFTC Chair Behnam Presses Congress To Act On Crypto And Election Betting Legislation ‼️
U.S. Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam has urged Congress to take action on crypto regulation and election betting. He stated that he doesn't expect Congress to do anything this year, given the holidays and the need to pass a federal budget. However, he remains confident that a new Congress and president could make progress in 2025. He added that without any legislation, the agency is “really handcuffed” in “policing” the crypto market, which would leave investors “vulnerable.” The comments were made at the Securities Industry and Financial Markets Association's annual meeting on Monday.
Source
4️⃣ Sky Mulls Further Changes to Brand Identity, Return to MakerDAO On The Table 🔍
Stablecoin-focused DeFi protocol Sky (formerly known as Maker) is reportedly considering further brand changes based on community feedback. It will hold a call to discuss options, including potentially returning to its original ‘Maker’ name. Founder Rune Christensen noted concerns about the utility of the new SKY token and the potential confusion caused by the rebranding. The other two options being proposed to the community include maintaining the Sky brand or adjusting the Maker brand for better alignment with new tokens.
Christensen stated,
It is also now more clear than ever just how much the DeFi community loves and trusts the Maker brand. There was a lot of affinity for the brand and what it stands for - stability, security and DeFi scale. And there is a lot of commitment to holding the MKR token versus upgrading to SKY.
Check out the latest crypto market update from Coin Bureau Trading! 🌍
Three of the hottest cryptos right now – Aptos, Safe, and Simon's Cat Token – are making big moves!
Curious why they’re pumping? Wondering how high they’ll go or if a crash is looming? This video dives deep into the trends driving these coins and gives essential insights for traders and investors.
Watch now to stay ahead of the curve! And don’t forget to subscribe to Coin Bureau Trading and ping the notification bell so you never miss an update! 🔔
Stay informed, stay profitable!
🔔 MARKET MOVING NEWS! (27/10/24)
1️⃣ Former President Trump Floats Idea Of Eliminating Federal Income Tax 🧐
In a recent episode of the Joe Rogan Experience, former U.S. President Donald Trump claimed he was serious about eliminating the country’s federal income tax and replacing the revenue stream with import tariffs. He cited the tariff policies of former US President William McKinley during the 1890s as evidence of its viability. He argued the same policies should be applied to fund the government today.
To demonstrate the potential revenue from such tariffs, Trump claimed,
We were so rich. We had so much money. We didn't know what to do, so they set up a blue ribbon commission on tariffs. And the sole purpose was what to do with all the money we had.
If, by making node running more affordable, we can get to a network with 100,000 nodes, where each node stores a random 10% of the history, then each piece of data would get replicated 10,000 times — exactly the same replication factor as a 10,000-node network where each node stores everything.
Next Week in Crypto: Key Events to Watch (Oct 28th - Nov 3rd, 2024) 🗓
Next week is packed with truly market-moving events, all spanning just three days. So buckle up—it’s going to be a potentially pumpy mid-week! From notable token unlocks to key U.S. economic data, here’s what to keep on your radar:
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Token Unlocks:
🔐 October 30 – TIA Token Unlock
Celestia (TIA) will unlock 175.59 million tokens, representing a massive 80% of its circulating supply, valued at around $940 million, or 16.3% of its total supply. How this will affect TIA’s price is anyone’s guess, but it’s important to note that this large unlock doesn’t mean all of the unlocked TIA will necessarily be sold—something that’s quite unlikely. Nevertheless, it’s bound to be an interesting day for TIA holders.
🔐 November 1 – SUI Token Unlock
Sui (SUI) will unlock 64.19 million tokens, worth approximately $114 million, representing 2.32% of its circulating supply.
🔐 November 1 – IMX Token Unlock
Immutable X (IMX) will unlock 32.47 million tokens, worth approximately $44 million, representing 1.98% of its circulating supply.
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📊 U.S. Economic Data:
Next week will see the release of four crucial economic data points:
- October 30 – Q3 U.S. GDP Report
- October 31 – Core PCE
- November 1 – Unemployment Rate & Nonfarm Payrolls
🔍 The Q3 GDP report on October 30 will be the key highlight of the week. If GDP exceeds expectations, it could signal ongoing economic resilience, potentially delaying rate cuts and putting downward pressure on crypto. Conversely, a weaker GDP could reinforce expectations of future rate cuts, which would be bullish for crypto as lower rates often bring increased liquidity and a more favourable risk-on environment.
🔍 The Core PCE reading will also be critical. Persistent or rising inflation could encourage the Fed to keep rates elevated for longer, while a softer reading would increase the likelihood of rate cuts, easing fears of an inflation resurgence.
🔍 Finally, the unemployment rate and nonfarm payrolls data. If job data points to weakness, it would strengthen the case for easing monetary policy—a potential positive catalyst for crypto. However, stronger-than-expected job growth could justify further rate cut delays.
---
That’s all for this week’s action! Be sure to follow these key events closely, and we’ll be back with more updates in the next roundup.
🚨New Video Alert!!🚨
Billions of dollars could be about to flow into the crypto market from the Middle East. That’s because the crypto industry is starting to roll out sharia-compliant products and services that are compatible with Islamic principles.
Not only could this spark investment from up to 2 billion Muslims around the world who have been waiting patiently on the sidelines, it could also become a key catalyst that takes the crypto market to new all time highs.
Today, we’ll tell you everything you need to know about sharia-compliant finance, which cryptos could see a new wave of adoption, and what this could mean for the wider crypto market.
Spoiler alert: it’s incredibly bullish.
🔥 Rally Report 🔥
GOATSEUS MAXIMUS
The price of GOAT has rallied by 31% in the past 24 hours.
WHY?!
📈 Part of a larger rally seen among AI agent memecoins.
🕯 Investors appear more bullish on AI Agent memes than non-AI memes. In fact, Kaito AI posted a tweet showing that the mindshare for Truth Terminal had flipped Murad earlier this week.
If you want to buy or trade GOAT, we have an exclusive $100K Airdrop Bonus Promo on Blofin as well as 70% fee discount!
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🔍 https://www.coinbureau.com/review/blofin-review/
🔔 MARKET MOVING NEWS! (25/10/24)
1️⃣ Ripple Files Form C, Appeals SEC Ruling On XRP Institutional Sales ▶️
Ripple Labs has reportedly submitted its Form C filing to the United States Court of Appeals for the Second Circuit. For context, a Form C filing is a pre-argument statement for civil appeal that outlines the specific grounds on which the company challenges the previous ruling from the Southern District of New York court.
Ripple’s Form C filing challenges the application of the Howey test used in a previous court ruling regarding XRP transfers. Ripple’s chief legal officer, Stuart Alderoty, confirmed the filing in an X post on Oct. 25. He stated that the appeals court will review existing records without new evidence from the SEC, indicating confidence in their case.
Source
2️⃣ Pennsylvania House Passes Bipartisan Bill To Bring Regulatory Clarity To Digital Assets ⚡️
According to a Fox Business report, the Pennsylvania House of Representatives has passed a bipartisan bill aimed at providing regulatory clarity for digital assets. The bill titled ‘House Bill 2481’ passed with overwhelming support, with 176 votes in favour and 26 against, including unanimous backing from all 100 Republican members. It establishes a regulatory framework protecting self-custody and crypto payments, exempting digital assets from additional taxation, and asserting the right to operate a node. The bill will now move on to the Republican-led Pennsylvania Senate after the election and, if passed, onto Gov. Josh Shapiro’s desk.
Source
3️⃣ Dutch Tax Authority Seeks Feedback On Draft Bill For Crypto Firms To Report User Data ❓
The Dutch tax authority has reportedly started soliciting public opinion on a draft bill that requires crypto service providers to collect and share relevant users’ transaction data with the tax agency. The Ministry of Finance of the Netherlands said the proposed bill aims to enhance transparency regarding crypto ownership. It added that the proposed measures “will not change anything for crypto holders, as they are already required to report their crypto balances.”
The new bill aligns with the EU-wide crypto tax reporting rules adopted last year known as the Eighth Directive on Administrative Cooperation (DAC8). Specifically, the DAC8 mandates EU member states to implement rules that would compel crypto firms to report customer holdings data, which will be shared among EU tax authorities. The member states have until Dec. 31, 2025, to implement the rules, which are set to officially take effect on Jan. 1, 2026.
Source
4️⃣ Microsoft Urges Shareholders to Vote Against a Proposal to Assess Bitcoin as a Diversification Investment: Filing 🔍
According to a recent SEC filing, the National Center for Public Policy Research has notified shareholders of Microsoft that it intends to propose a Bitcoin Diversification Assessment at the company’s annual meeting on Dec. 10. The think tank cited business intelligence firm MicroStrategy’s Bitcoin investment strategy and highlighted that it has outperformed Microsoft by over 300% this year “despite doing a fraction of the business.”
However, the Microsoft board has recommended voting against this proposal, arguing that it already “carefully considers this topic.” It stated,
As the proposal itself notes, volatility is a factor to consider in evaluating cryptocurrency investments for corporate treasury applications that require stable and predictable investments to ensure liquidity and operational funding. Microsoft has strong and appropriate processes in place to manage and diversify its corporate treasury for the long-term benefit of shareholders and this requested public assessment is unwarranted.
🔔 MARKET MOVING NEWS! (24/10/24)
1️⃣ Denmark Plans To Propose Taxing Unrealised Crypto Gains In Upcoming Bill 🧐
Denmark’s Tax Law Council has reportedly recommended introducing a bill that includes mark-to-market taxation for cryptocurrency assets. Mark-to-market taxation typically refers to taxes levied on the annual changes in the value of certain assets. This means that Danish crypto investors could be taxed on unrealised gains or losses on crypto assets as early as 2026 if the law were to take effect. The council claims that its recommendations “aim to eliminate the asymmetry in the taxation of gains and losses.” However, the recommendations are not indications the laws will take effect.
Source
2️⃣ Truth Terminal's Chat With Coinbase's Brian Armstrong Triggers Price Explosion in 'Russell' Memecoin ❓
RUSSELL, a meme coin on the Base blockchain, briefly rallied on Wednesday after the AI bot Truth Terminal tweeted the word in response to a post from Coinbase CEO Brian Armstrong. Specifically, Coinbase CEO Brian Armstrong had offered to help set up a crypto wallet for the AI after it posted on X (formerly Twitter) about its inability to own a crypto wallet. Instead of responding to this offer, the AI bot replied with a weird question: "I think it would be good for you to tell us about Russell first. Specifically, what is Russell's species?” This mention saw the price of a token by the same name pump to a $7.5 million market cap before dropping nearly 60%. Explaining the weird reply, Andy Ayrey, the developer of the AI bot, stated that someone had been repeatedly spamming the word "Russell" in the bot's social media mentions before the incident.
Source
3️⃣ Citibank Debanked Ripple's Brad Garlinghouse Due To Crypto, Exec Says 🔍
At the DC Fintech Week in Washington on Wednesday, Ripple CEO Brad Garlinghouse claimed that he had personally been severed from a longtime banking relationship because he's a prominent figure in crypto. In a follow-up interview with CoinDesk, he revealed that the institution that cut him off recently was Citigroup Inc. Garlinghouse has reportedly been a customer with the bank for about 25 years. He also added that it's not the only personal banking relationship he's lost because of his role in crypto. The bank reportedly told him that the decision to terminate their long-standing relationship was due to the added “scrutiny from federal regulators" that came with banking the crypto industry.
Source
4️⃣ Number of Bitcoin Whales Jumps to Highest Since January 2021 📈
According to data tracked by Glassnode, the number of BTC whales (single entity wallet clusters holding at least 1,000 BTC) jumped to 1,678 early this week, reaching the highest since January 2021. Notably, this suggests increasing confidence in BTC's price prospects. At the same time, retail investor accumulation has slowed. Analysts at CryptoQuant claim that retail holdings have risen at a historically slow pace of just 1K BTC in the last thirty days.
Source
5️⃣ Crypto Bulls Endure Second-Biggest Liquidation Day In October 🕯
Yesterday, crypto bulls saw the second-biggest day of long liquidations in October. CoinGlass data shows that total crypto liquidations reached $261 million on Oct. 23, with over $203.5 million coming from long bets. This is second only to the $450.8 million worth of crypto longs liquidated on Oct. 1 when BTC dropped by around 5%. The liquidations come as some traders were optimistic about the price of BTC continuing to rise as its price neared $70,000 on Oct. 21. However, it failed to sustain momentum, falling to a low of $65,500 on Oct. 23 before recovering to $67,386, up 0.5% over 24 hours.
Source
🔔 MARKET MOVING NEWS! (23/10/24)
1️⃣ Solana Token Issuer Pump.Fun Rakes in Big Bucks With 1M SOL in Lifetime Fees 💰
According to a CoinDesk report, Solana memecoin launcher Pump.Fun is nearing 1 million SOL in lifetime fees. Lookonchain data shows that a connected fee account sold over $6 million worth of SOL late Monday. This takes its lifetime sales to over $78 million or 500,000 SOL. However, Solana’s price appears to remain resilient despite the continued selling pressure from the memecoin launch platform.
Source
2️⃣ Buenos Aires Rolls Out Blockchain-Based ID For 3.6M Residents ☄️
The city of Buenos Aires has reportedly launched a digital identity service that implements blockchain technology and zero-knowledge cryptography to strengthen residents' privacy. The service, QuarkID, has been integrated into miBA, the city’s platform for accessing government services and documents. Since Oct. 1, more than 3.6 million active users of miBA have received decentralised digital identities secured by QuarkID. The QuarkID wallet is powered by the Ethereum scaling protocol ZKsync Era.
Source
3️⃣ Tesla Moved $776 Million in BTC, But Is Still in Control of Wallets: Arkham ⚡️
Electric car company Tesla was reported to have moved all of its BTC holdings to a number of different wallets last week. While some suspected the funds were likely sent to a custodian or for potential selling, blockchain intelligence firm Arkham Intelligence has now stated that these wallets are likely controlled by Tesla itself.
It stated,
We believe that the Tesla wallet movements that we reported on last week were wallet rotations with the Bitcoin still owned by Tesla. Tesla moved their entire balance of 11,509 BTC ($776.9 million) to new wallets.
Tokenisation could have implications for financial stability if it scales up significantly, if it is used to create complex and opaque products that trade in an automated fashion, and if identified vulnerabilities are not adequately addressed through oversight, regulation, supervision, and enforcement.
🚨 New Video Alert!! 🚨
AI cryptos are on the rise, and the biggest one is Bittensor. This controversial crypto projects has been turning heads since it launched, and not necessarily for all the right reasons.
At first glance, TAO looks like another VC pump and dump disguised as a fair launch. Upon closer inspection, however, you realize that large investors have been buying TAO hand over fist.
This suggests that Bittensor is much bigger and much more serious than it appears. In fact, its connections suggest that it could be affiliated with Bitcoin miners, or even the US military.
This is a video you can’t miss.
🔥 Rally Report 🔥
APTOS
The price of APT has rallied by 8% in the past 24 hours.
WHY?!
⚡️ Aptos and MEXC have partnered to launch a series of events focused on APT. The events offer a total prize pool of up to 1.5 million USDT. The event allows users to earn prizes through events such as Locked Savings and futures trading.
📈 Data from Defillama also shows that the TVL on the chain hit an all-time high of $910 million earlier today.
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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:
- What’s Bearish May Be Bullish
- Election is heating up
- AVAX Looking Bullish
- Memecoin Supercycle is Flying
- Top Gainers in Crypto