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Which were the prominent cryptocurrencies of the day? 3
2024-02-03 10:39#MANTA| -1.72%#FTT| -1.56%#ROSE| 11.93%#TIA| 7.42%#BLUR| -3.85%
After a week in which#Bitcoin(BTC) had difficulty finding direction, which altcoins entered the weekend with activity?
The leading cryptocurrency, Bitcoin (BTC), completed the previous week with fluctuations between $41,800 and $43,800. BTC had surpassed $40,000, which was a tough resistance point, the previous week and had remained above it, but last week it remained active in a very narrow zone.
In the week when BTC had difficulty finding direction, declines due to profit selling were seen in many altcoins. Especially major coins could not pave the way for the expected rise.
AltLayer (ALT) and Manta Network (MANTA), which are new to the crypto market, dropped by over 20 percent last week. The interest of crypto investors was not directed towards new projects.
Winners list
Oasis Network (ROSE), which increased by 12.24 percent in the last 24 hours, topped the list of the most rising coins. Flare (FLR) is in second place with an increase of 10.50 percent, Bitcoin SV (BSV) is in third place with an increase of 9.36 percent, Celestia (TIA) is in fourth place with an increase of 6.82 percent and finally 6.26 percent. Render (RNDR) ranked fifth with an increase of
Losers list
Pyth Network (PYTH) was at the top of the list of coins that fell the most. PYTH fell by 9.95 percent in the last 24 hours and reached the top. Then came Sui (SUI). PYTH lost 7.11 percent in value in the last 24 hours. Blur (BLUR), which is among the top 100 cryptocurrencies by market value, dropped by 5.49 percent. On the other hand, Mina (MINA) and FTX Token (FTT) were included in the losers list with a decrease of 5.04 percent and nearly 3.89 percent.
Source:coinkolik
Disclaimer and Disclaimer: All information and content are taken from third party reviews. #DYOR🟢
2024-02-03 10:39#MANTA| -1.72%#FTT| -1.56%#ROSE| 11.93%#TIA| 7.42%#BLUR| -3.85%
After a week in which#Bitcoin(BTC) had difficulty finding direction, which altcoins entered the weekend with activity?
The leading cryptocurrency, Bitcoin (BTC), completed the previous week with fluctuations between $41,800 and $43,800. BTC had surpassed $40,000, which was a tough resistance point, the previous week and had remained above it, but last week it remained active in a very narrow zone.
In the week when BTC had difficulty finding direction, declines due to profit selling were seen in many altcoins. Especially major coins could not pave the way for the expected rise.
AltLayer (ALT) and Manta Network (MANTA), which are new to the crypto market, dropped by over 20 percent last week. The interest of crypto investors was not directed towards new projects.
Winners list
Oasis Network (ROSE), which increased by 12.24 percent in the last 24 hours, topped the list of the most rising coins. Flare (FLR) is in second place with an increase of 10.50 percent, Bitcoin SV (BSV) is in third place with an increase of 9.36 percent, Celestia (TIA) is in fourth place with an increase of 6.82 percent and finally 6.26 percent. Render (RNDR) ranked fifth with an increase of
Losers list
Pyth Network (PYTH) was at the top of the list of coins that fell the most. PYTH fell by 9.95 percent in the last 24 hours and reached the top. Then came Sui (SUI). PYTH lost 7.11 percent in value in the last 24 hours. Blur (BLUR), which is among the top 100 cryptocurrencies by market value, dropped by 5.49 percent. On the other hand, Mina (MINA) and FTX Token (FTT) were included in the losers list with a decrease of 5.04 percent and nearly 3.89 percent.
Source:coinkolik
Disclaimer and Disclaimer: All information and content are taken from third party reviews. #DYOR🟢
If an investment is on the lips of someone who has no knowledge about it and says I will definitely invest in it, stay away from that investment. If it has risen, don't wait, buy it.
No cash, no credit.
Definitely a very good observation.
ACCORDING TO PSYCHOLOGISTS, "There are four types of Intelligence:
1) Intelligence Quotient (IQ)
2) Emotional Quotient (EQ)
3) Social Quotient (SQ)
4) Adversity Quotient (AQ)"
1. INTELLIGENCE QUOTIENT (IQ): this is the measure of your level of comprehension. You need IQ to solve maths, memorize things, and recall lessons.
2. EMOTIONAL QUOTIENT (EQ): this is the measure of your ability to maintain peace with others, keep to time, be responsible, be honest, respect boundaries, be humble, genuine and considerate.
3. SOCIAL QUOTIENT (SQ): this is the measure of your ability to build a network of friends and maintain it over a long period of time.
People that have higher EQ and SQ tend to go further in life than those with a high IQ but low EQ and SQ. Most schools capitalize on improving IQ levels while EQ and SQ are played down.
A man of high IQ can end up being employed by a man of high EQ and SQ even though he has an average IQ.
Your EQ represents your Character, while your SQ represents your Charisma. Give in to habits that will improve these three Qs, especially your EQ and SQ.
Now there is a 4th one, a new paradigm:
4. ADVERSITY QUOTIENT (AQ): The measure of your ability to go through a rough patch in life, and come out of it without losing your mind.
When faced with troubles, AQ determines who will give up, who will abandon their family, and who will consider suicide.
Parents please expose your children to other areas of life than just Academics. They should adore manual labour (never use work as a form of punishment), Sports and Arts.
Develop their IQ, as well as their EQ, SQ and AQ. They should become multifaceted human beings able to do things independently of their parents.
Finally, do not prepare the road for your children. Prepare your children for the road."
1) Intelligence Quotient (IQ)
2) Emotional Quotient (EQ)
3) Social Quotient (SQ)
4) Adversity Quotient (AQ)"
1. INTELLIGENCE QUOTIENT (IQ): this is the measure of your level of comprehension. You need IQ to solve maths, memorize things, and recall lessons.
2. EMOTIONAL QUOTIENT (EQ): this is the measure of your ability to maintain peace with others, keep to time, be responsible, be honest, respect boundaries, be humble, genuine and considerate.
3. SOCIAL QUOTIENT (SQ): this is the measure of your ability to build a network of friends and maintain it over a long period of time.
People that have higher EQ and SQ tend to go further in life than those with a high IQ but low EQ and SQ. Most schools capitalize on improving IQ levels while EQ and SQ are played down.
A man of high IQ can end up being employed by a man of high EQ and SQ even though he has an average IQ.
Your EQ represents your Character, while your SQ represents your Charisma. Give in to habits that will improve these three Qs, especially your EQ and SQ.
Now there is a 4th one, a new paradigm:
4. ADVERSITY QUOTIENT (AQ): The measure of your ability to go through a rough patch in life, and come out of it without losing your mind.
When faced with troubles, AQ determines who will give up, who will abandon their family, and who will consider suicide.
Parents please expose your children to other areas of life than just Academics. They should adore manual labour (never use work as a form of punishment), Sports and Arts.
Develop their IQ, as well as their EQ, SQ and AQ. They should become multifaceted human beings able to do things independently of their parents.
Finally, do not prepare the road for your children. Prepare your children for the road."
Let's investigate and find out. These things can't happen without you knowing, and they will come later and eat away at your investment. Be smart, research.
What is Snx coin?#SNXcoin is the governance token of the decentralized finance (DeFi) protocol called Synthetix. Built on the Ethereum blockchain, the Synthetix protocol allows users to create and exchange synthetic versions (synths) of crypto and non-crypto assets. In this way, it offers access to traditional financial assets, such as gold, stocks or commodities, through the cryptocurrency ecosystem.
SNX coin has seen significant growth in the DeFi space in recent years. The protocol is currently one of the largest DeFi protocols in terms of total value locked (TVL). The protocol is becoming increasingly popular as it allows users to access traditional financial assets through the cryptocurrency ecosystem.
SNX coin is a major player in the DeFi space and is likely to benefit from this growth.
Should be watched carefully
What is Snx coin?#SNXcoin is the governance token of the decentralized finance (DeFi) protocol called Synthetix. Built on the Ethereum blockchain, the Synthetix protocol allows users to create and exchange synthetic versions (synths) of crypto and non-crypto assets. In this way, it offers access to traditional financial assets, such as gold, stocks or commodities, through the cryptocurrency ecosystem.
SNX coin has seen significant growth in the DeFi space in recent years. The protocol is currently one of the largest DeFi protocols in terms of total value locked (TVL). The protocol is becoming increasingly popular as it allows users to access traditional financial assets through the cryptocurrency ecosystem.
SNX coin is a major player in the DeFi space and is likely to benefit from this growth.
Should be watched carefully
Before#binancelaunched the#NFPPROMPTproject as its 41st#Launchpoolproject, NFPrompt, the first Web3 fast artist platform, had already received $60 million in institutional seed investment to advance its mission of bridging AI art and NFTs. By offering a token that connects community, NFTs, and the value of ingeniously imagined AI art, NFP aligns all key metrics to create a widely adopted Web3 protocol for contemporary art and decentralized internet culture. You can access details, airdrops and more rewards via its website. nfprompt.io/earn?invitecode=J1A5kpK1
#wifi coin I shared before. #binance stubbornly does not list it. Do your research and decide what you need to keep in mind, so you can consider buying it with some of the money you don't need. You will find it when you search which exchanges it is on.
8390543 this is UQMWXVxX you can also use these when you newly register.
8390543 this is UQMWXVxX you can also use these when you newly register.
The weekend fix has arrived. So what are we going to do? Shall we buy it? Shall we wait? If you have the money you need, investment is not your job anyway, keep this in mind first. If you want to win, remember this rule. If there is no need, then I will buy with 25%, I will earn little by little, I will not risk it all. Look at how bots split orders. If there is snow, take it and put it aside and wait. Wait wait be patient. #SNX Research, don't believe anyone else. Don't invest all your money.
We started discussing again, no etf, no securities, you're not done, friend.
The United States Securities and Exchange Commission (SEC) met with Franklin Templeton to determine whether Bitcoin is a security.
The SEC asked Franklin Templeton for information about how Bitcoin works, the fund's investment strategy, and how it benefits the fund's investors, as well as an opinion on the fund's risks and potential benefits.
9441242305#Templetonsays it is ready to cooperate in answering the SEC's questions. The company stated that deciding whether Bitcoin is a security is a difficult question, but that it will do its best to answer the SEC's questions in a transparent manner.
The details of the meeting can be summarized as follows:
The meeting took place at the SEC's headquarters in Washington, DC.
Several officials from the SEC attended the meeting.
The team that met on behalf of Franklin Templeton included the company's general manager, investment strategist and lawyer.
The meeting lasted about two hours.
The results of the meeting have not yet been announced.#SECwill gather more information before deciding whether the fund is a security.
The meeting reignited the debate about the legal status of #Bitcoin. Some experts argue that Bitcoin is a security and should be regulated by the SEC. Other experts argue that Bitcoin is not a security and is not subject to regulation.
What do you think...?
The United States Securities and Exchange Commission (SEC) met with Franklin Templeton to determine whether Bitcoin is a security.
The SEC asked Franklin Templeton for information about how Bitcoin works, the fund's investment strategy, and how it benefits the fund's investors, as well as an opinion on the fund's risks and potential benefits.
9441242305#Templetonsays it is ready to cooperate in answering the SEC's questions. The company stated that deciding whether Bitcoin is a security is a difficult question, but that it will do its best to answer the SEC's questions in a transparent manner.
The details of the meeting can be summarized as follows:
The meeting took place at the SEC's headquarters in Washington, DC.
Several officials from the SEC attended the meeting.
The team that met on behalf of Franklin Templeton included the company's general manager, investment strategist and lawyer.
The meeting lasted about two hours.
The results of the meeting have not yet been announced.#SECwill gather more information before deciding whether the fund is a security.
The meeting reignited the debate about the legal status of #Bitcoin. Some experts argue that Bitcoin is a security and should be regulated by the SEC. Other experts argue that Bitcoin is not a security and is not subject to regulation.
What do you think...?
Why should I invest in #Bitcoin? Or should I not? #Sec No matter how the discussions continue, there are no securities. #etf The incident is based on research, when you know the rules, the right decision will come naturally.
There are several reasons to invest in Bitcoin.
Investment return potential: Bitcoin has been one of the best-performing investment vehicles in recent years. In 2021, the price of Bitcoin increased by nearly 600%. This means Bitcoin can act as a buffer against inflation and provide investors with a high return.
Store of value: Bitcoin is a decentralized digital currency. This makes it uncontrollable by governments or other institutions. This makes Bitcoin a secure means of storing value.
Innovative technology: Bitcoin is built on blockchain technology. Blockchain is distributed ledger technology and enables Bitcoin to operate in a decentralized manner. It is thought that this technology could revolutionize various industries in the future.
However, investing in Bitcoin also has some risks. For example, the Bitcoin market is highly volatile, meaning its prices can rise or fall rapidly. This means investors may suffer large losses. It is important that you carefully consider the risks and potential returns.
Here are some factors to consider when considering investing in Bitcoin:
Your risk tolerance: Bitcoin is a high-risk investment. Therefore, you should make sure that your risk tolerance is high.
Your investment goals: Bitcoin should be considered a long-term investment vehicle. You should not invest in Bitcoin to make short-term profits.
Your portfolio allocation: Bitcoin shouldn't be the only asset in your portfolio. It is important to balance it with other investments.
Disclaimer: What is written here is not an investment advice, but information for your investment life.
There are several reasons to invest in Bitcoin.
Investment return potential: Bitcoin has been one of the best-performing investment vehicles in recent years. In 2021, the price of Bitcoin increased by nearly 600%. This means Bitcoin can act as a buffer against inflation and provide investors with a high return.
Store of value: Bitcoin is a decentralized digital currency. This makes it uncontrollable by governments or other institutions. This makes Bitcoin a secure means of storing value.
Innovative technology: Bitcoin is built on blockchain technology. Blockchain is distributed ledger technology and enables Bitcoin to operate in a decentralized manner. It is thought that this technology could revolutionize various industries in the future.
However, investing in Bitcoin also has some risks. For example, the Bitcoin market is highly volatile, meaning its prices can rise or fall rapidly. This means investors may suffer large losses. It is important that you carefully consider the risks and potential returns.
Here are some factors to consider when considering investing in Bitcoin:
Your risk tolerance: Bitcoin is a high-risk investment. Therefore, you should make sure that your risk tolerance is high.
Your investment goals: Bitcoin should be considered a long-term investment vehicle. You should not invest in Bitcoin to make short-term profits.
Your portfolio allocation: Bitcoin shouldn't be the only asset in your portfolio. It is important to balance it with other investments.
Disclaimer: What is written here is not an investment advice, but information for your investment life.
#ETH IT IS DEVELOPING WITH CONFIDENT STEPS.
Etherium, the second-largest cryptocurrency by market cap, has surpassed the important $2,000 mark, indicating a bullish trend. While this turning point is psychologically significant, closer analysis suggests a cautiously optimistic momentum, leaving room for further exploration.
Etherium, the second-largest cryptocurrency by market cap, has surpassed the important $2,000 mark, indicating a bullish trend. While this turning point is psychologically significant, closer analysis suggests a cautiously optimistic momentum, leaving room for further exploration.
#XRP UNLOCKS.
On Friday the 8th, Ripple continued its monthly practice of unlocking 1 billion XRP from escrow, maintaining liquidity in the market. December's release involved strategically holding 200 million XRP and distributing portions across various crypto wallets. While Ripple received escrow funds due in April and May 2027,#Ripplereceived significant re-escrow for May 2027. Monthly releases provide information on potential trading volume changes and market behavior that affects a inflation and market prices. Future plans outline additional locks from Ripple and wallets like Ripple, adding to ongoing supply inflation with 3 billion XRP expected to be released by March 2024.
After a rapid uptrend, Bitcoin temporarily stalled and entered a fluctuation phase in a new price range. In the midst of the formation of new levels, a smaller triangle emerged, offering ample preparation for the upcoming trend.
The cryptocurrency market has experienced dynamic changes this month, with Bitcoin (BTC) gaining 15.43% last week.
On Friday the 8th, Ripple continued its monthly practice of unlocking 1 billion XRP from escrow, maintaining liquidity in the market. December's release involved strategically holding 200 million XRP and distributing portions across various crypto wallets. While Ripple received escrow funds due in April and May 2027,#Ripplereceived significant re-escrow for May 2027. Monthly releases provide information on potential trading volume changes and market behavior that affects a inflation and market prices. Future plans outline additional locks from Ripple and wallets like Ripple, adding to ongoing supply inflation with 3 billion XRP expected to be released by March 2024.
After a rapid uptrend, Bitcoin temporarily stalled and entered a fluctuation phase in a new price range. In the midst of the formation of new levels, a smaller triangle emerged, offering ample preparation for the upcoming trend.
The cryptocurrency market has experienced dynamic changes this month, with Bitcoin (BTC) gaining 15.43% last week.
Will 10 thousand dollars for ETHER cease to be a dream? Will an investor who buys 125 units for $40 become a millionaire?
#eth Will the dream of 10 thousand dollars come true with this rise? Even #eterium , which is the most solid project in this market, will definitely come out because it is in the balance of supply and demand, but it will ruin many traders who do not do research until it is released.
#eth Will the dream of 10 thousand dollars come true with this rise? Even #eterium , which is the most solid project in this market, will definitely come out because it is in the balance of supply and demand, but it will ruin many traders who do not do research until it is released.
Let's have some fun, shall we?
I Have a Bitcoin Joke
But I need a lot of energy to do this.
Bitcoin Knock Knock Joke
Knock Knock!
Who is there?
Satoshi Nakamoto.
Who is Satoshi Nakamoto?
Nobody knows and you will never know.
A trader said he had 100 bitcoins and 1000 bitches came as an airdrop.
When does the bull market end?
When butchers started trading...
Is Bitcoin a Joke?
No, Bitcoin is no joke. It is a decentralized digital currency without a central bank or a single administrator, which can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Bitcoin was invented in 2008 by an unidentified person or group using the name Satoshi Nakamoto. The currency was launched in 2009 when its implementation was released as open source software.
Bitcoin has proven to be a significant innovation in the world of financial technology, leading to the creation of many other cryptocurrencies and bringing the concept of blockchain technology to the forefront. It is recognized and used by millions of individuals and businesses around the world for a variety of purposes, including investment, remittance, and even as a means of raising funds for charitable purposes.
However, it is also subject to criticism and skepticism due to its volatility, use in illegal activities, energy consumption of Bitcoin mining, and lack of consumer protection.
But this is by no means a joke; It is a serious financial tool and technology that has a significant impact on global financial systems and stimulates the growth of a whole new field of technology and economics.
I Have a Bitcoin Joke
But I need a lot of energy to do this.
Bitcoin Knock Knock Joke
Knock Knock!
Who is there?
Satoshi Nakamoto.
Who is Satoshi Nakamoto?
Nobody knows and you will never know.
A trader said he had 100 bitcoins and 1000 bitches came as an airdrop.
When does the bull market end?
When butchers started trading...
Is Bitcoin a Joke?
No, Bitcoin is no joke. It is a decentralized digital currency without a central bank or a single administrator, which can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Bitcoin was invented in 2008 by an unidentified person or group using the name Satoshi Nakamoto. The currency was launched in 2009 when its implementation was released as open source software.
Bitcoin has proven to be a significant innovation in the world of financial technology, leading to the creation of many other cryptocurrencies and bringing the concept of blockchain technology to the forefront. It is recognized and used by millions of individuals and businesses around the world for a variety of purposes, including investment, remittance, and even as a means of raising funds for charitable purposes.
However, it is also subject to criticism and skepticism due to its volatility, use in illegal activities, energy consumption of Bitcoin mining, and lack of consumer protection.
But this is by no means a joke; It is a serious financial tool and technology that has a significant impact on global financial systems and stimulates the growth of a whole new field of technology and economics.
What is BRC-20? Why is interest in #brc-20 tokens increasing?
BRC-20 or Bitcoin Request for Comment 20 tokens are a new type of tokens that work on the Bitcoin blockchain.
The token type is created using the Ordinals protocol, which allows users to store a script on Bitcoin and use it to attribute individual satoshis. BRC-20 tokens embed JSON data into ordinal scripts. It provides access to users who can then distribute, mint and transfer these tokens.
BRC-20 or Bitcoin Request for Comment 20 tokens are a new type of tokens that work on the Bitcoin blockchain.
The token type is created using the Ordinals protocol, which allows users to store a script on Bitcoin and use it to attribute individual satoshis. BRC-20 tokens embed JSON data into ordinal scripts. It provides access to users who can then distribute, mint and transfer these tokens.
What will THIS NEWS mean to those who call #AVAX ? The authentication system used by the INDIAN Institute of Electrical and Electronics Engineers (IEEE) will use the#Avalancheblockchain to issue tamper-proof certificates in India.
India is the second largest IEEE membership base outside the United States, with over 75,000 members. The professional association will issue IEEE credentials or certificates to all trainees and users to make the verification process tamper-proof, immediate and secure.
India is the second largest IEEE membership base outside the United States, with over 75,000 members. The professional association will issue IEEE credentials or certificates to all trainees and users to make the verification process tamper-proof, immediate and secure.
WILL THIS NEWS AFFECT THE MARKET? KWON, WHO IS THOUGHT TO CAUSE THE TERRA & LUNA COLLAPSE, MAY BE EXTRADITED TO THE USA
MONTENEGRO State authorities are planning to extradite Luna's founder Do Kwon to the USA.
Montenegro's top justice official has said privately that he plans to send Do Kwon to the United States instead of South Korea to face criminal charges, according to people familiar with the matter.
Kwon, who has been imprisoned in Montenegro since March 2023, has become the focus of international strife, with both the United States and South Korea demanding his extradition.
Prosecutors in both countries want to prosecute Kwon for fraud and securities law violations in connection with the $40 billion collapse of#Ustcand#Lunacryptocurrencies in May 2022.
MONTENEGRO State authorities are planning to extradite Luna's founder Do Kwon to the USA.
Montenegro's top justice official has said privately that he plans to send Do Kwon to the United States instead of South Korea to face criminal charges, according to people familiar with the matter.
Kwon, who has been imprisoned in Montenegro since March 2023, has become the focus of international strife, with both the United States and South Korea demanding his extradition.
Prosecutors in both countries want to prosecute Kwon for fraud and securities law violations in connection with the $40 billion collapse of#Ustcand#Lunacryptocurrencies in May 2022.
Why doesn't Binance list #wifi koini? It provides users with the convenience of sharing their wifi password and having an uninterrupted and free internet connection. There is a serious number of users, the project is strong, but it is not understandable why it does not add #binance ? It can be traded on other exchanges for now. Android and ios apk are available. It should be watched carefully.
JP Morgan CEO J.Dimon said: If I were the government, I would close#Bitcoinand cryptocurrencies.
First, let's look at J.Dimon's past comments:
🔸2014: Bitcoin is a terrible store of value.
🔸2015: Bitcoin will not survive.
🔸2016: Bitcoin isn't going anywhere.
🔸2017: Bitcoin is a fraud. I won't talk about Bitcoin anymore.
🔸2018: I regret calling Bitcoin a fraud.
In his speech, he said that Bitcoin and cryptocurrency transfers are fast because they bypass the control processes we have built over the years.
❌ This is not true.
🔹As cryptocurrency technology is more advanced, cryptocurrency transfers are faster. FED Now was developed because the system they used was old and obsolete.
🔹It is hypocritical for him to act as if a black money audit is being carried out on the bank customer for every transfer.
The greengrocer around the corner from our house did not receive $2 billion in the Bernie Madoff case and $1.9 billion in drug money laundered by the Sinaloa cartel. Banks ate.
Well, centralized cryptocurrency exchanges may also become OFAC compliant. I personally know that there are stock exchanges that work closely with states for this purpose.
Finally, ''according to a recent study by blockchain analysis firm Chainalytic, illegal activity among all cryptocurrencies as a percentage of total cryptocurrency activity from 2017 to 2020 was less than 1 percent.
For Bitcoin specifically, blockchain analysis firm CipherTrace estimates that illicit activity accounts for less than 0.5 percent of total transaction volume.
Source:https://twitter.com/TheBullduck/status/1732467675949826058?t=ICgYTnI9EddUmDsAoV326Q&s=19
First, let's look at J.Dimon's past comments:
🔸2014: Bitcoin is a terrible store of value.
🔸2015: Bitcoin will not survive.
🔸2016: Bitcoin isn't going anywhere.
🔸2017: Bitcoin is a fraud. I won't talk about Bitcoin anymore.
🔸2018: I regret calling Bitcoin a fraud.
In his speech, he said that Bitcoin and cryptocurrency transfers are fast because they bypass the control processes we have built over the years.
❌ This is not true.
🔹As cryptocurrency technology is more advanced, cryptocurrency transfers are faster. FED Now was developed because the system they used was old and obsolete.
🔹It is hypocritical for him to act as if a black money audit is being carried out on the bank customer for every transfer.
The greengrocer around the corner from our house did not receive $2 billion in the Bernie Madoff case and $1.9 billion in drug money laundered by the Sinaloa cartel. Banks ate.
Well, centralized cryptocurrency exchanges may also become OFAC compliant. I personally know that there are stock exchanges that work closely with states for this purpose.
Finally, ''according to a recent study by blockchain analysis firm Chainalytic, illegal activity among all cryptocurrencies as a percentage of total cryptocurrency activity from 2017 to 2020 was less than 1 percent.
For Bitcoin specifically, blockchain analysis firm CipherTrace estimates that illicit activity accounts for less than 0.5 percent of total transaction volume.
Source:https://twitter.com/TheBullduck/status/1732467675949826058?t=ICgYTnI9EddUmDsAoV326Q&s=19
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