Crypto market

BTC - $29169 +0.14%. Bitcoin remains highly volatile. In Asian trading rose to $29.5k. Now rolled back. PEPE is pumping again.

The Alt market is red. Ether is trading at $1900. altseason 6, interest in the disease 61. Trading volume - $ 33.9 billion.

Altcoin growth leaders are PEPE, TON, GMX.

Fall leaders - SUI, LDO, OP.

BTC dominance is 48.59%.

 

The banking crisis in the United States flares up with renewed vigor

Shares of PacWest Bancorp fell again today. Now almost 2 times.

Trading in securities of First Horizon Corp and Western Alliance Bancorp has been suspended.

 

The US Department of Justice sentenced a crypto man for stealing 712 BTC for 4 years and 3 months.

Larry Harmon was arrested in early 2020 for money laundering in crypto via the Darknet.

During the arrest, many assets were seized, including a cold wallet for crypto.

During this time, his brother Gary cashed out $20 million in cue ball and successfully spent some of the money before the feds discovered the sale.

 

ChatGPT predicted that the price of Bitcoin would drop to zero by 2035

Conor Grogan of Coinbase used artificial intelligence to find out that there is a 15% chance that the cue ball will “lose its relevance” and by 2035 its price will fall by 99.99%.

I decided to give it a try too, and just asked, “When will the price of Bitcoin be 0?”. Here is what ChatGPT told me:

“The price of bitcoin and other cryptocurrencies cannot become zero, because even if they lose their popularity, they will still have some value, like tangible assets.”

 

Mastercard is developing new Web3 standards.

Working alongside the payment giant are developers from a dozen blockchain projects, including the creators of the Polygon, Solana and Aptos networks.

The innovation will simplify the monetization of crypto games and other startups, facilitate verification in applications, and the purchase of NFTs.

The finished technology will be tested in the United States, Latin America and the Caribbean, and then put on stream.

 

Crypto users on Twitter can monetize their content

Musk has launched a paid subscription feature. Payments will drip if $50 of income is collected per month.

First, up to the threshold of $50,000, the content creator will receive 97% of the funds earned, after - 80%.

Subscribers will be charged even if the channel is stopped or even blocked.

So you need to monitor dead channels and unsubscribe manually.

 

U.S. Court Imposes Biggest Civil Fine of $3.4 Billion on Crypto Fraudster

The creator of the Mirror Trading crypto pyramid embezzled 29,421 BTC from 23,000 US citizens. Arrested by Interpol and held in prison in Brazil since December 2021.

Despite the fine, the victims are unlikely to receive money. Because the defendant lost everything in over-the-counter trading with a margin on the Forex market.