➡️ The Chief Investment Officer of the Maelstrom fund and co-founder of the crypto derivatives exchange BitMEX, Arthur Hayes, believes that in the short term, the price of Bitcoin will drop to $100,000, and Ether to $3,000
🟢 Hayes himself previously sold 2,373 ETH ($8.32 million), 7.76 million ENA ($4.62 million), and 38.86 billion PEPE ($414,700)
🟢 He still has unrealized coins worth about $30 million at his addresses. The entrepreneur promised to provide detailed comments at a conference at the end of August, but for now, he is 'returning to the beach'
🟡 If only we could live like that...
➡️ Analysts from the financial platform Matrixport stated that the price #bitcoin has no catalysts for growth left, and the next two months may pass quietly — at least until September 17, when a meeting of the US Federal Reserve's Open Market Committee is scheduled
🟢 'August and September are historically considered the weakest months of the year,' — says a publication on Matrixport's page in X
➡️ Strategy Head Michael Saylor urged US authorities to create an official classification of cryptocurrencies. Its absence has been called an obstacle for corporate investors' increased investments in digital assets
🟢 «Under what circumstances can securities be tokenized, what does a digital security represent as an asset without an issuer? There is no answer. The lack of clarity creates regulatory confusion and drives innovation out of the country»
🟢 According to Saylor, many tokens still remain in a 'legal gray area,' especially regarding classification under US securities laws
🟢 Business cannot understand how to legally tokenize assets or issue their own cryptocurrencies. If clear standards are introduced, companies will be able to issue tokens without fear of claims from the US Securities and Exchange Commission (#SEC ) and other regulators, the businessman is confident
➡️ CZ predicts that in the near future a real race for #BTC and other key cryptocurrencies will begin between countries — one of the largest economies in the world is already actively implementing digital assets, purchasing them, and exploring the possibility of creating a national crypto reserve
🟢 He believes that countries that do not start buying cryptocurrency now risk falling seriously behind in the future. Initially, Bitcoin will be massively purchased by the most developed and wealthy countries, leading to a rapid increase in its price.
🟢 Other states, in the opinion of #CZ , will be forced to enter the market later — already at much higher prices
➡️ Headlines about 'China banning cryptocurrency' have resurfaced in the news. However, there is no need to panic. For example, in 2021, just a couple of months after a drop following such news from China - Bitcoin updated its ATH
➡️ In Ingushetia, illegal mining farms stole nearly 350 million rubles worth of electricity in the first six months of the year, reported the interregional distribution network company 'Rosseti North Caucasus'
🟢 Since January 1, the Russian government has imposed a total ban on mining in several regions of the country, including Ingushetia and Dagestan. However, cryptocurrency mining continues, say North Caucasian energy workers
➡️ A user lost $908,000 in #USDC 15 months after signing a malicious transaction through a phishing site — the scammer patiently monitored the wallet, waited for significant deposits, and withdrew the funds in one attack.
🟡 To prevent such situations - regularly check which applications your wallet is linked to and revoke unnecessary approvals