🔈 Donald Trump is under the spotlight again with his crypto project being hacked and speculations of unfair token allocation for insiders

What do you think Donald Trump is up to this time? 🤔

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🚨 Top Crypto News Recap | 5th September 2024 🚨

1️⃣ CFTC: Uniswap Allowed Illegal Digital Asset Derivatives Trading ⚠️: Uniswap Labs has agreed to pay a $175,000 fine after the Commodity Futures Trading Commission accused it of allowing margined commodities trading unlawfully. This fine follows on from previous allegations earlier in the year leveled by the SEC. — link

2️⃣ Vivek Ramaswamy Calls Current Crypto Regulation 'Anti-American at its Core'💥: Former US presidential candidate Ramaswamy has accused the unclear US regulations surrounding cryptocurrencies of being 'Anti-American', as they do not provide the freedom for Americans to pursue their goals. He has endorsed Trump for the next election citing his pro-crypto policies. — link

3️⃣ In Trump-Backed Crypto Project, Insiders Are Poised for Unusually Big Token Payouts💰: The Trump Family's crypto project, World Liberty Financial, plans to reserve 70% of its token supply for insider team members, according to a draft of its whitepaper. This is incredibily high, despite the coin claiming to be a solution to what it calls the "rigged" traditional financial systems. — link

4️⃣ Jason Derulo's Memecoin Drops 97%🔽: Former R&B star Jason Derulo launched a memecoin JASON on Solana earlier this year, however its value has plummeted to almost nothing, leading some to accuse Mr. Derulo of organizing a pump and dump. — link

5️⃣ Uphold CEO Criticizes Memecoins as 'Devaluing' the Industry‼️: Pointing to the 7,000 new memecoins created every day, mostly via AI, Simon McLoughlin has stated that memecoins devalue the industry. Uphold lists a handful of memecoins for trading as they believe some of them still have genuine use cases. — link

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🚨 Top Crypto News Recap | 9th September 2024 🚨

1️⃣ Crypto CEO Robbed at Gunpoint☄️: The CEO of Revelo Intel has resigned after he was robbed at gunpoint for his company's and personal crypto holdings. Due to the sophisticated nature of the robbery, in which the robbers had detailed information about wallet addresses, there is a strong suspicion that it may have been an inside job. — link

2️⃣ Analyst Predicts Craziest Bull Market Yet, Unveils Timeline for Massive Crypto Surges🔼: According to crypto influencer and analyst Kaleo, a huge bull market is approaching. This analysis is based on current trader sentiment, the timing of the last Bitcoin halving, as well as perceived repetitions of previous macro factors that influenced previous bull runs. — link

3️⃣ Inside Crypto's Civil War Over the 2024 Elections📌: The crypto industry is split on how to handle the upcoming US presidential election. While the Trump campaign is more overtly pro-crypto, analysts have remarked that a Harris presidency would actually result in more long-term benefits that would lead to greater profits and regulations for crypto holders. — link

4️⃣ Tokyo Electric Power Subsidiary Now Mines Bitcoin💎: Agile Energy X, a subsidiary of Tokyo Electric Power Company Holdings, has started exploring Bitcoin mining with the help of surplus green energy. The company has already set up mining equipment in Tochigi and Gunma prefectures. It focuses on the locations where it is possible to utilize excess renewable energy. — link

5️⃣ DOGE Pushes Towards $0.10📈: DOGE, the original memecoin that also enjoys support from Elon Musk, is looking to break through and sustain a price of $0.10. Analysts predict that should it reach this level the bullish momentum will develop new resistances and could push it to new highs. — link

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🚨Notice: Upcoming Exchange Upgrade
We're upgrading our services to improve your trading experience!

⁉️What might be Affected?
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📌Bitrue Launches Unique Hamster Combat Campaign Ahead of HMSTR Release

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🔖Read more on U.Today https://u.today/bitrue-launches-unique-hamster-combat-campaign-ahead-of-hmstr-release

🚨 Top Crypto News Recap | 10th September 2024 🚨

1️⃣ Pump.fun Warns US Users to Stop Using Platform for 48 Hours⚠️: The leading memecoin creation platform pump.fun has issued a cryptic warning to its US customers, advising them to stay off the platform for the next 48 hours, with no specific reason given. Speculators believe the issue to be related to US regulations, and could be the beginning of more difficulties for fans in the US. — link

2️⃣ Japanese Investment Firm Buys $2,000,000 of BTC🌐: Metaplanet is aggressively buying BTC as a hedge against the depreciation of the yen. They have recently partnered with SBI VC Trade, known for their long-term support of crypto services, to access corporate custody services and financing options using Bitcoin as collateral. — link

3️⃣ SEC Enforcements Up 30x Since Last Year🔒: The US Securities and Exchange Commission has imposed fines of $4.7 billion against crypto companies in 2024, a 30-fold increase over the previous year. The vast majority of this came from its settlement with Terraform Labs, whose stablecoin and other products imploded spectacularly just a few years ago. — link

4️⃣ Analyst Predicts Mega Pump Oncoming for XRP🔝: Popular crypto analyst Egrag has published a bold prediction stating that XRP's 540 days of consolidation will be coming to an end soon, resulting in the coin hitting prices of almost $1.50. XRP has disappointed some in recent years as its price action has not mirrored the huge gains seen by other mainstream coins such as BTC and ETH. — link

5️⃣ FBI Issues $5.6 Billion Crypto Warning☄️: The Federal Bureau of Investigation has warned about a massive 45% year-over-year jump in crypto scam losses, with more than 69,000 complaints recorded so far in 2024. Most victims tend to be elderly, and have been warned to stay away from any offer that appears to be too good to be true. — link

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