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Global payments company NCR Atleos is launching Bitcoin cashout across +30,000 ATMs.

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😎ANALYSIS BTC/USDT

Bitcoin is currently trading within a symmetrical triangle pattern, attempting to break through the resistance trendline after rebounding from the support.

The  Cloud indicates bullish momentum, reinforcing the potential for an upward move. However, a decisive breakout is essential to confirm the continuation of this bullish trend.

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🇺🇸 JUST IN: U.S. Senator Lummis Proposes the U.S. Buy 1M Bitcoin to Reduce National Debt.

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🇩🇪 JUST IN: Germany moves another 2,700 bitcoins to exchanges, now has 6,394 coins left to sell.

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💰 JUST IN: On July 5, 2024, Bitcoin spot ETFs experienced a substantial net inflow of $143 million.

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💰 JUST IN: SEC could approve spot Ethereum ETFs by July 4: report.

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Crypto Speak: CryptoJacking

Cryptojacking is a cybercrime where hackers secretly use someone else's devices—like computers, smartphones, tablets, or servers to mine cryptocurrency.

Operating stealthily to avoid detection, this malware exploits device resources to mine digital currencies like Bitcoin and many others, all without the user’s knowledge.

The primary goal is financial gain for the hacker, at the expense of your device's performance and security.Stay vigilant and protect your devices!

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👀 JUST IN: Stablecoin transfer volume has increased by 1500% over the past 4 years.

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Total Supply in Crypto

When diving into the world of cryptocurrency, understanding the concept of total supply is crucial for investors, traders, and enthusiasts. Total supply refers to the entire amount of a cryptocurrency that will ever exist, minus those that have been permanently removed or "burned." This metric provides a comprehensive view of the cryptocurrency's overall landscape.

Take Bitcoin as an example. Its total supply is capped at 21 million, meaning there will never be more than 21 million Bitcoins in existence. However, the circulating supply, a subset of the total supply, represents the amount of Bitcoin currently available for trading and transactions. If some Bitcoins are burned or removed from circulation, the circulating supply decreases, but the total supply remains unchanged.

Understanding total supply is vital for making informed investment decisions, predicting market trends, and assessing a cryptocurrency's potential for growth. By keeping an eye on total supply, you’ll be better equipped to navigate the dynamic world of cryptocurrency and make smarter choices.

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💵 JUST IN: Bitcoin went below $67000 as crypto market bleeds red.

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Educational Post📕

4 Types of Trading Confirmations

1️⃣ PRICE ACTION

When analysing many different instruments whether that is forex currencies, crypto projects or even stocks. You will often see when searching for trading opportunities that there are various confirmations that price will give clues about on the chart that we can trade from.

2️⃣ INDICATORS

Whether you're purely a price action trader or an indicator heavy trader. From simple moving averages to complex computer algorithms, indicators play a big role in the trading industry.

3️⃣ FUNDAMENTALS

Which are figures deriving from news events such as in an economic calendar, news & tweets etc. Actual fundamental news can become your best confirmation tool.

😀 KEY LEVELS

Majority of the trading volume comes from the big institutional players such as banks & hedge funds etc. Therefore, it's important to know where these big players are buying/selling & why...


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Crypto Fun Facts 💡

Lost Bitcoins: It's estimated that around 20% of all bitcoins in existence are lost forever, either because people have lost access to their wallets or because they've been intentionally destroyed.

Mining Energy Consumption: Bitcoin mining consumes a significant amount of energy, with estimates suggesting it consumes more electricity than some small countries. This has led to debates about its environmental impact.

Crypto Billionaires: The rapid rise of cryptocurrencies has created a new breed of billionaires, with some early investors and founders of crypto projects amassing vast fortunes seemingly overnight.

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Lost Funds on an Exchange? Here’s How to Recover Them

If you accidentally sent funds to an exchange without a memo,Don't worry! Recovering your funds is possible, though it can be a bit challenging.

Here are the general steps you can take:

▪️Contact Support: Immediately reach out to the exchange's support team. Provide them with all relevant transaction details: transaction ID, amount, and sender's address.

▪️Provide Proof: Ensure you have all transaction details ready, including the transaction ID, amount, sender's address, and any other relevant information.

▪️Wait for Response: Be patient; it may take time for the exchange to manually credit your account.

▪️Follow Up: If you don't hear back within a reasonable time, follow up with the exchange. Be persistent but polite.

To avoid such mistakes in the future, double-check all transactions before sending. If unsure whether a memo is required, send a small amount first to verify.

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What is dust?

Dust in cryptocurrencies is an amount of crypto so small that it won’t even be enough to pay the transaction fee.

Imagine that you have 1 cent left in your wallet. You won’t be able to buy anything with it, but if you decide to exchange it at a bank for another currency or send it to a friend, the exchange fee will exceed the cost of the cent itself.

This example describes the crypto industry’s concept of “dust” well.

Sometimes, a dusting distribution is used by scammers to commit a so-called “dust attack,” which we’ll cover soon.

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Crypto Speak: Whitelist and Blacklist

When a new crypto project is launched, it can choose to restrict participation to certain individuals.

Whitelist:

This is a list of wallet addresses that are allowed to participate in the project—i.e., they have the right to buy tokens in the early stages.

To land on a whitelist, participants usually pre-register, go through a KYC process, and meet other project requirements.

Blacklist:

This is a list of addresses that are banned from participating in the project—e.g., wallets associated with fraudulent activity, money laundering, or other activities that the project considers unacceptable.

It looks like a new crypto bull run is on the doorstep, where you’ll come across the word “whitelist” more and more often 😎

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What is Cryptocurrency Insurance?

Cryptocurrency insurance is a type of coverage that protects investors and cryptocurrency holders from theft, hacking, and other unforeseen events that could result in the loss of their digital assets.

It provides peace of mind by reimbursing the insured party for any losses incurred due to cyberattacks, exchange hacks, or other security breaches.

Compared to traditional insurance, cryptocurrency insurance offers greater transparency, faster settlement times, and enhanced security through the use of blockchain technology and decentralized governance.

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💥 SEC officially approves all spot ETH ETFs!

Vitalik:

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💳 Mastercard and Kima Take One Step Closer to a ‘DeFi Credit Card’.

Kima and FinSec are collaborating to create a seamless connection between decentralized finance (DeFi) applications and traditional financial systems, such as bank accounts and credit cards.

And also Mastercard announced Wednesday that five startups from around the world will join its Start Path Blockchain and Digital Asset program:
🔴France-based Kulipa
🟠UK-based Parfin
🟡Singapore-based Peaq
🟢U.S.-based Triangle
🔵Belgium-based Venly.

Crypto is taking over the world) 🍸

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When will crypto hit the next bull run?

Today, we decided to answer this popular question, and the answer is: We have no idea 🙂

You know very well that nothing can be guaranteed in crypto. However, it’s important to note that most analysts agree that the next bull cycle will happen in 2024–2025.

Some analysts promise the beginning of the next crypto spring within the next one to three months. However, this doesn’t mean that Bitcoin will skyrocket to $100,000; rather, the market will form an upward trend that will steadily lift Bitcoin and altcoins to new all-time highs.

Whether this is accurate or not, no one knows.

But reputable crypto proponents and analysts believe we’ll enter a bull market within the next year or two—it’s up to you to decide what to do with this information 😉

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🇨🇳 JUST IN: China busts $1.9 billion underground banking operation using USDT.

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