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President Trumpโs Return to The Situation Room
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๐ โน80 Lakh #CryptoFraud Busted in Lucknow โ 8 Arrested ๐จ In a major cybercrime breakthrough, police have uncovered an โน80 lakh cryptocurrency scam involving fake USDT (Tether) trading. Eight individuals were arrested across different city locations during a coordinated operation using digital surveillance and intelligence inputs. ๐ฎโโ๏ธ Authorities revealed the gang operated through: ๐น Foreign crypto handlers ๐น Mule bank accounts ๐น Untraceable wallets over the TRC-20 network ๐ฌ Transactions were run via Telegram channels controlled from abroad. The gang avoided legal exchanges, instead using peer-to-peer (P2P) wallets with no KYC, ensuring complete anonymity. ๐ธ Modus operandi: Local individuals were paid to receive large amounts via NEFT/RTGS/IMPS. Funds were withdrawn in cash the same day. Money was handed to underground crypto brokers. USDT was purchased anonymously. ๐งพ The arrested couldnโt show valid trading records, GST papers, or verified wallets. Their wallets, mostly used for laundering, are out of Indian legal reach. ๐ Seized Items: ๐ฑ 16 mobiles | ๐ป 2 laptops | ๐ต โน1.85 lakh cash ๐ 4 vehicles | ๐ Multiple cheque books & passbooks ๐ค Those arrested: Men aged 21โ40, from cities including Lucknow, Gonda, Barabanki, Raebareli & Basti. ๐ Investigations continue to trace foreign handlers and more accounts. Further arrests are expected as authorities tighten the net around cross-border financial crimes masked as crypto trading. โ๏ธ Case registered under multiple BNS and IT Act sections. ๐๏ธ Authorities warn about rising crypto scams exploiting legal loopholes. Thankyou ๐Follow me for more latest updates and insights. $BTC
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๐ NFT Market Dips 18% โ Polygon Surpasses Ethereum in Weekly Sales The NFT market has seen a significant decline of 18.43%, with total sales falling to $116.9 million this past week, marking a sharp reversal from the previous weekโs momentum. ๐ Market Overview Despite the sales drop, activity remains mixed: ๐ฅ Buyers held steady at 1.06 million ๐งโ๐ป Sellers increased by 8.09% to 38,494 ๐ Transactions fell slightly to 1.7 million (โผ 0.63%) ๐ Top Blockchains by NFT Sales 1๏ธโฃ Immutable (IMX) โ $28.3M (โผ 32.23%) 2๏ธโฃ Polygon (POL) โ $23.3M (โฒ 24.98%) 3๏ธโฃ Ethereum (ETH) โ $20.4M (โผ 32.06%) 4๏ธโฃ Mythos Chain โ $14.1M (โ๏ธ) 5๏ธโฃ Solana (SOL) โ $8.7M (โฒ 42.74%) ๐งผ Wash Trading Declines IMX: โผ 81.19% to just $3 ETH: โผ 18.29% to $1.8M ๐ผ๏ธ Top NFT Collections ๐ฅ Courtyard (Polygon) โ $17.4M (โฒ 0.56%) ๐ฅ Guild of Guardians Heroes โ $16.5M (โผ 33.60%) ๐ฅ DMarket โ $9M (โฒ 0.99%) 4๏ธโฃ GoG Avatars โ $7M (โผ 31.19%) 5๏ธโฃ Gods Unchained Cards โ $4.7M (โผ 28.60%) ๐ธ Notable Sales CryptoPunk #1831 โ 150 ETH (~$389K) CryptoPunk #9778 โ 150 ETH (~$378K) CryptoPunk #4868 โ 76.5 ETH (~$202K) CryptoPunk #5586 โ 70 ETH (~$185K) CryptoPunk #7516 โ 60 ETH (~$158K) ๐ Trend Watch Polygon led buyer growth at 35.63%, followed by Solana at 27.41% and Mythos at 19.32%. Meanwhile, โUncategorized Ordinalsโ on Bitcoin dropped out of the top collections entirely. โก๏ธ Conclusion While total NFT sales have declined, Layer-2s like Polygon are gaining ground, signaling an ongoing shift in blockchain preference within the NFT ecosystem. Thankyou ๐Follow me for more latest updates and insight
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๐ฎ๐ณ Bitcoin & India's Economic Future ๐ฎ๐ณ ๐ช $BTC as a Hedge | DeFi Enabler | Strategic Asset ๐ Why it matters: โข BTC = ๐ best-performing risk asset โข Acts as a hedge against inflation โข Powers ๐ DeFi adoption โข โ๏ธ Draws regulatory interest in India ๐ Adoption Momentum: โข India ranks among top BTC adopters ๐ฒ โข Govโt exploring frameworks (๐ผ SC directives, Crypto Bill 2021) โข Signals openness, not full endorsement... yet ๐ธ BTC vs Traditional Assets: โข BTC ๐ +250% returns > NASDAQ, NIFTY, Gold โข NIFTY: ~40% return since FY22-23 โข Retail inflation in ๐ฎ๐ณ eased: 6.7% โ 4.6% (FY22-25) โ BTC seen as a new-age asset during global volatility ๐ช๏ธ โ๏ธ Challenges Ahead: โข Heavy taxes on BTC gains = ๐ง โข No official status as legal tender ๐ผ โข Govโt aims for ๐ global crypto regulations ๐ฎ Potential Role in ๐ฎ๐ณ Vision 2047: โข Not about BTC as currency, but as a strategic reserve/tool โข Could support Viksit Bharat (Developed India) agenda โข Institutional awareness growing โ SEBI & RBI involved ๐ง ๐ Geopolitical Hints: โข Reports suggest BTC used in ๐ฎ๐ณ-๐ช๐บ energy trades ๐ค โข Not confirmed, but reflects growing top-tier interest ๐ก ๐งญ Takeaway: BTC might not replace fiat ๐ต But itโs quietly becoming a cornerstone in Indiaโs evolving economic playbook ๐๏ธ Thankyou ๐ Follow me for more latest updates and insight .
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#ScalpingStrategy XRP Risk Alert: Profit-Takers Driving Sell-Off? ๐ฐ $68.5M/day in realized profits from major XRP holders ๐ Price tripled since late 2024 โ Profit-taking surged ๐ Over 70% of XRP's market cap formed recently = Top-heavy risk ๐ Pattern mirrors 2017 boom & 90% crash ๐ Same group of 300%+ gainers led selloff back then ๐ Current holders behaving similarly โ Warning signs flash โ ๏ธ Key Metrics: โข SOPR (Spent Output Profit Ratio) from 3mโ6m holders declining โข Average buy-in for 6mโ12m holders = $1.35 โข Current price = ~$2.14 โ Newer holders are near breakeven, older holders have cushion ๐ 35% Downside Risk โข Potential drop to $1.50โ$1.60, possibly $1.35 โข Descending triangle formation = Bearish pattern โข Realized price support: $1.30 ๐ Bullish Scenario? โข Bounce from 50-week EMA could send XRP to $3+ โข But break below support may trigger sharp selloff ๐ Key Takeaways: โ๏ธ Profit-taking behavior echoes historical tops โ๏ธ Market dominated by recent buyers = fragile structure โ๏ธ Technical & on-chain metrics point to correction risks ๐ Caution advised. ๐ Study market signals. ๐ก Not investment advice โ DYOR. Thankyou Follow me for more latest updates and insight
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