elg

YOUNG CYBER SCAMMER SHOOK THE CRYPTO WORLD: 16 MILLION DOLLAR SCAM

#ETH #ELG
In the US, a 23-year-old suspect sent fake security messages to approximately 100 Coinbase users to steal their account information. According to the prosecutor, the attacker transferred cryptocurrency worth 16 million dollars to different wallets using this method. The incident has once again brought to light the social engineering risks in the crypto ecosystem.
#BTC #Escoin $BTC $ETH $BNB

FED'S MASSIVE LIQUIDITY MOVE: GREEN LIGHT FOR CRYPTO

#Fed #elg
The U.S. Federal Reserve plans to purchase $10–20 billion in treasury bonds this week to increase short-term liquidity. The program is expected to reach a total of $500 billion by the end of 2025. Increased liquidity could strengthen risk appetite, creating a favorable environment for Bitcoin and crypto assets.
#btc #escoin $BTC $XRP $ETH

IS RIPPLE BECOMING A BANK? HISTORICAL THRESHOLD FOR XRP FROM THE USA

#XRP #Escoin
It has been confirmed that the Office of the Comptroller of the Currency (OCC) in the USA has given conditional preliminary approval to five crypto companies, including Ripple, Circle, BitGo, Paxos, and Fidelity Digital Assets, to become a national trust bank. The OCC emphasizes that this step aims to modernize the American banking system and promote financial innovation within a regulated framework (OCC, 2024).

For Ripple, this development is particularly significant as it is the sole applicant with a local token such as XRP that has price volatility. Circle’s USDC, being a stablecoin, distinguishes itself in this regard. Ripple CEO Brad Garlinghouse described the approval as a "significant milestone" for their goal of taking on a more central role in the global payment infrastructure (Garlinghouse, 2024).

While national trust bank status allows for asset custody and payment processing, it does not grant the authority to collect deposits or make loans. Nonetheless, being able to operate across states with a single federal license represents a significant advantage, especially for Ripple, which focuses on cross-border payments. Experts believe this development is a strong indication that the line between traditional banking and digital finance is rapidly blurring (CoinDesk, 2024).

Conclusion: While the OCC’s conditional approval does not transform Ripple into a classic bank, it represents a historic gateway to the regulated financial world for the XRP ecosystem.
#BTC #Elg $XRP $BTC $ETH

CRYPTO ASSET LAW IN TURKEY IS IN THE FINAL STAGE: WITHHOLDING TAX, TRANSACTION TAX, AND PARLIAMENT CALENDAR

#TürkiyeCrypto #ELG
The draft Crypto Asset Law, which will regulate the cryptocurrency market in Turkey, is preparing to come to the agenda of the Turkish Grand National Assembly (TBMM) before 2026. With the work conducted in coordination with the Ministry of Treasury and Finance, the Capital Markets Board (SPK) will gain the authority to license and audit crypto asset service providers. The aim is to increase investor protection through effective supervision of exchanges. This is a step that follows the SPK gaining the authority to regulate the sector with secondary regulations coming into effect in 2024–2025.

Regarding taxation, two models are being considered. The first is a very low transaction tax rate on each transaction (for example, a withholding of one-tenth of a percent); the second is withholding on profits (like 5%–10%). However, due to the difficulty of tracking profit/loss, withholding remains secondary. Taxation is planned to be at the source (withholding/transaction tax), so small investors will not have an obligation to file a tax return.

Currently, there are no direct tax provisions regarding crypto revenues in the existing law; this draft will represent a significant change in taxation.

Conclusion: With the draft law, the crypto market in Turkey will gain a stronger regulatory and tax infrastructure, investor protection will increase, and the tax system will be simplified.
#BTC #Escoin $BTC $ETH $BNB

VITALIK BUTERIN: “IF THIS ALTCOIN PASSES ETHEREUM, I WILL LOSE MY FAITH IN HUMANITY”

#eth #escoin #BTC
Ethereum co-founder Vitalik Buterin, in a striking statement made on the Unchained Podcast in 2019, evaluated the implications of another blockchain surpassing Ethereum as the market leader. Buterin expressed that he would respect such a rival if it were technologically superior; he noted that he would not feel disappointment in the face of a successful competitor. However, specifically mentioning the TRON (TRX) project, he said that such a project surpassing Ethereum would, in his words, “make him lose hope in humanity to a certain extent” — this remark elicited laughter among listeners. Nevertheless, a significant portion of the very large stablecoin market operates on Tron instead of Ethereum, and especially the majority of USDT transfers are conducted over the Tron network.
#BNB #elg $ETH $BTC $TRX

CATHIE WOOD'S 5-YEAR CRYPTO VISION: BTC, ETH, AND SOLANA ARE IN THE SPOTLIGHT

#btc #elg #eth
Cathie Wood, CEO of ARK Invest and one of the well-known bulls of the crypto market, identifies Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) as the strongest crypto assets for the next five years (Bitcoin System, 2025). Wood does not view this trio merely as speculative investment tools; she considers them foundational stones of the digital financial ecosystem, emphasizing that institutional adoption and macro alignment will enhance the performance of these assets (Bitcoin System, 2025).

According to Wood, Bitcoin strengthens its role as “digital gold” in the global financial system due to its limited supply and high liquidity. ARK Invest's research indicates that institutional portfolio entries could significantly increase Bitcoin's price in the long term (TheStreet, 2025; Bitget News, 2025). Ethereum offers a critical layer for financial institutions with its smart contract and tokenization infrastructure, benefiting from trends like DeFi and NFT growth (Pintu News, 2025). Solana stands out with low fees and high transaction speeds; while Wood highlights SOL's user-centric approach, she notes that deep institutional integration is essential for sustainable growth (Bitcoin System, 2025).

Wood’s selection is based not only on market capitalization or past performance but also on technological infrastructure, institutional interest, and long-term value proposition. All of these assets can play significant roles in the future of digital finance.

Conclusion: According to Wood, BTC, ETH, and SOL are poised to lead the digital asset ecosystem in terms of institutional entry and fundamental financial functions — this trend offers critical perspectives for long-term investors.
#sol #escoin $BTC $ETH $SOL

BANKING DOOR TO CRYPTO COMPANIES IN THE US: NATIONAL TRUST BANK APPROVALS

#BinanceBlockchainWeek #elg
The Office of the Comptroller of the Currency (OCC) granted conditional approval for national trust bank status to five cryptocurrency companies, including Ripple, Circle, BitGo, Fidelity Digital Assets, and Paxos, bringing them closer to the federal banking system. This decision is seen as a critical turning point in the integration of digital asset companies into the traditional financial structure.
#BTCVSGOLD #escoin $BTC $XRP $SOL

NEXT WEEK STORM IN MARKETS: ECONOMIC REPORTS WILL PUSH VOLATILITY TO THE PEAK‼️

#BinanceBlockchainWeek #elg
Next week (December 15-19, 2025), a busy economic calendar is expected to shake global financial markets. This week,

On Monday, it will start with the Federal Reserve's (Fed) purchase of approximately $6.8 billion in Treasury bills (T-Bill); this is seen as a move to strengthen the Fed's liquidity management.

On Tuesday, critical US unemployment rate data will be released, with market expectations hovering around 4.4%.

Wednesday's FOMC members' speeches will provide clues about interest rate policies.

On Thursday, the weekly jobless claims report will be published, and according to the latest data, sudden increases have been observed at the 236,000 level.

The week will close on Friday with the Bank of Japan's (BOJ) interest rate hike decision; markets have almost fully priced in the increase from 0.5% to 0.75% (Reuters, 2025).

The Fed's bond purchases are characterized as a "technical purchase to manage market liquidity" and are part of a $40 billion monthly program (Reuters, 2025). 

For unemployment data, there is a warning that "positive surprises could trigger stock purchases before the holidays" (CNBC, 2025).

Although most of these reports have already been priced in, deviations could increase volatility. Investors should adopt a disciplined strategy instead of panicking.

As a result, this busy week holds opportunities while keeping a pulse on economic recovery; cautious approaches will be profitable.
#escoin #btc $BTC $ETH $BNB

🌟 RIPPLE'S DATE ANNOUNCEMENT FOR THE XPR COMMUNITY: SWELL & APEX COMBINES IN A SINGLE EVENT ON OCTOBER 27–29, 2026 IN NEW YORK CITY

#Binanceholdermmt #escoin #xrp
Ripple has officially announced that it will hold its annual flagship conference, Swell, in New York City from October 27 to 29, 2026, and will merge this event with the developer-focused Apex as a single large organization. Thus, a "mega event" is planned where corporate finance, the developer community, and policymakers will meet on the same stage.

This strategic decision demonstrates Ripple's intention to bring together not only the financial world and the technology community but also regulators and the XRP community within a single framework. The event being held in New York is perceived as a move to strengthen Ripple's relationships with Wall Street and U.S. capital markets.

Despite Swell 2025 attracting significant corporate support and a $500 million investment round in New York, the XRP price did not respond with a meaningful rally to this event. Therefore, the 2026 version will be closely monitored by the community not only in terms of announcement but also in terms of market deployment and adoption.
#elg #btc $XRP $BTC $ETH

🔥🔥🔥 WHY DID CRYPTO CURRENCIES FALL? EXPERT ANALYST EXPLAINED‼️

🔥🔥🔥 The future of cryptocurrencies will depend on how these dynamics evolve‼️

#Bitcoin
➡️ Bitcoin dropped to $65,000 again after testing the $72,000 level. Popular analyst Willy Woo explained the reasons for this decline. Woo stated that swelling open positions in futures accelerated sales. He also said that long-term investors could not bear to sell and these sales triggered the decline.

Impact of Paper BTC:

➡️ Woo stated that futures and forward Bitcoin ETFs are called “paper BTC” and that they do not increase the actual BTC supply. Approval of spot Bitcoin ETFs could create real supply shortages. Woo stated that paper BTC flooded the market and this prevented the price increase. He pointed out the impact on the price of those who want to buy real BTC now preferring paper BTC.

🔥 As a result, the decline in Bitcoin and cryptocurrencies was accelerated by futures and long-term investors selling. Spot Bitcoin ETFs may create real supply shortages in the future❗️

#elg #Binance #escoin #Elg $BTC $ETH $BNB

‼️ Bitcoin Miner Reserves at 14-Year Low: Massive Selling Pressure Before Halving‼️

#Bitcoin

Bitcoin miners' reserves have fallen to their lowest level in the last 14 years. Starting from the beginning of 2024, miners sold their Bitcoins, reducing their reserves to 1.83 million BTC. Miners sold 10,000 BTC (about $450 million) in a single day in January, adding to the recent massive selling pressure. These sales were made to ensure miners' cash flow and to invest in new mining equipment before the halving.

The Bitcoin halving event will cause a massive drop in mining revenues as miners will halve their block rewards (from 6.25 BTC to 3,125 BTC). Therefore, miners aim to increase their competitiveness by investing in more efficient mining devices. However, this can be particularly challenging for smaller mining operations and could lead to them leaving the market or being acquired by larger players.

In the meantime, spot Bitcoin ETF issuers continue to accumulate BTC for their clients and currently hold a total of 657,000 BTC. This creates significant demand in the market and supports the price of BTC

#Binance #elg #escoin #EscoinToken $BTC

🚀 MicroStrategy Expands Its Bitcoin Portfolio!

MicroStrategy (MSTR) continues to keep its finger on the pulse of the crypto world. The company came to the fore with the official document it submitted to the Securities and Exchange Commission (SEC) on Thursday. Here are the details:

🔍 Purchasing Strategy:
It purchased an additional 11,931 coins for $786 million, with an average purchase price of $65,883 for each Bitcoin.
He invested approximately $8.33 billion to reach a total of 226,331 Bitcoins.
The average investment cost per Bitcoin was calculated as $36,798.

📈 Funding and Goals:
The previous week, it secured capital to invest in Bitcoin with a $500 million convertible bond issue.
It later increased its funding target by 40% to $700 million.
This capital will be used to purchase additional Bitcoin and meet general business needs.

📊 Increase in Share Value:
MSTR shares gained more than 2% on the market before official trading hours on Thursday.

This strategic move by MicroStrategy had a great impact in the crypto world. What are you thinking? 💡

#escoin #elg $BTC
$ETH

🔥🔥🔥 ARE THE INTEREST REDUCTIONS BEING TAKEN EARLY?️

#Bitcoin
🔥 THERE WAS NOT EVEN A 1% CHANCE, THE MARKETS WERE TURNED DOWN AND NOW

US INFLATION FIGURES ARE BELOW EXPECTATIONS, FED INTEREST RATE CUT HOPES INCREASED

🔥🔥🔥 Inflation data being below expectations increased hopes that the FED will cut interest rates in the coming period. This could mean lower borrowing costs for economic actors in the future‼️

#Binance #escoin #elg $BTC $ETH

🚀Predictions for ETH Price: How Effective Will Ethereum ETFs Be in EARLY JULY?

Cryptocurrency analyst Andrew Kang evaluated the effects of Ethereum ETFs on the market. Stating that Bitcoin ETFs have increased prices significantly in the past, Kang suggested that the impact of Ethereum ETFs will be more uncertain. Evaluating the effects of Ethereum's ETF flows across two scenarios, Kang expects the price of Ethereum to trade between $3,000 and $3,800 before launch and between $2,400 and $3,000 after launch.

Although Kang thinks the current pricing of Ethereum ETFs may be high, he emphasized that Bitcoin's long-term performance could also lead to gains for Ethereum.

#Bitcoin #Binance #elg #escoin #EscoinToken

🔥🔥🔥 NIGERIA REVISES REGULATIONS FOR VIRTUAL ASSET SERVICE PROVIDERS‼️
#Bitcoin
➡️ According to Foresight News, the Nigerian Securities Exchange Commission (NSEC) is revising its regulations for Virtual Asset Service Providers (VASPs) to expand their regulations. These changes aim to create a framework that fits the current realities in the industry.

➡️ As part of the revision process, NSEC launched the Accelerated Regulatory Incubation Program (ARIP) to encourage the participation of VASPs. NSEC has mandated all active and potential VASPs to complete their application process within 30 days by providing access to the electronic portal. It was stated that sanctions will be applied if this directive is not complied with.

➡️ This step by NSEC aims to provide more effective regulation and control over virtual asset service providers in Nigeria.

🔥This initiative of the Nigerian Securities Exchange Commission is considered an important step towards the regulation and supervision of the digital asset market❗️
#Binance #elg #escoin $BTC $ETH $BNB

🔥🔥🔥 NEW 1 BILLION DOLLAR FUND FROM PANTERA CAPITAL: ARTIFICIAL INTELLIGENCE AND CRYPTO COMBINE‼️

#Bitcoin
➡️ Pantera Capital, a pioneer in cryptocurrencies and blockchain technology, announced that it will launch a new $1 billion crypto fund. $200 million of this fund will be allocated to artificial intelligence-related crypto projects. In an interview with DL News, Pantera Capital portfolio manager Cosmo Jiang stated that every crypto company will turn into an artificial intelligence initiative in the next 10-20 years.

➡️ Jiang stated that they invested 15-20% of the capital in artificial intelligence-focused projects in a previous fund and that they aim to increase this ratio in the new fund. Pantera had also recently invested in artificial intelligence-powered Nexus Laboratories.

🔥 This new fund of Pantera Capital aims to make a significant impact in the industry by accelerating the integration of artificial intelligence and crypto projects❗️

#Binance #elg #escoin #Elg $BTC $ETH $BNB

🔥🔥🔥 FEARING PREDICTION FROM TRUMP ABOUT THE DOLLAR: RESERVE CURRENCY STATUS IS IN DANGER OR BITCOIN‼️

#Bitcoin
➡️ Former US President and 2024 Presidential candidate Donald J. Trump warned that the US Dollar may lose its position as the world reserve currency. Stating that many countries turned to other currencies with the decline of the dollar, Trump compared this situation to losing a great war. He emphasized that Russia, Saudi Arabia, China and Iran are the countries that want to damage the dollar the most and said that the importance of the US Dollar in foreign exchange reserves has decreased.
While Trump claimed that he would restore dollar hegemony if elected, he stated that the future is uncertain as the USD continues to weaken against Bitcoin.

➡️ The Winklevoss twins' $2 million donation to the Trump campaign indicates that Trump is a suitable candidate for those interested in digital currencies. However, the campaign had to return this money because donation limits were exceeded.
Trump's stance on digital currencies indicates that the 2024 elections will have major impacts on the US economy and financial system. Only time will tell whether the US Dollar or Bitcoin will be preferred in the future.

🔥🔥🔥 Trump's predictions about the dollar and his approach to digital currencies will have great repercussions in the world of economy and finance in the 2024 elections!!
#Binance #elg #escoin $BTC $ETH $BNB