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#AltcoinSeasonComing Ethereum (ETH), the biggest altcoin, did not reach a new all-time high this cycle and fell 65% after its cycle high. Comparatively, Bitcoin reached a new all-time high and only fell 31% afterward. However, this week's movement has renewed optimism that altcoins may rally in 2025. #AltcoinSeasonLoading $ETH 😴😴😴😴🥴 #TradeOfTheWeek #TradeStories
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$XRP Ripple and SEC ink $50 million settlement agreement Ripple and the SEC filed a joint motion in the US District Court for the Southern District of New York, signaling a settlement. According to the filing, both parties have agreed to settle the lawsuit, with Ripple required to pay $50 million in penalties. Additionally, the SEC and Ripple have requested an indicative ruling to lift the injunction on Ripple and release $125 million in escrowed penalties. Ripple will pay $50 million to the SEC, with the rest returned to the company. Judge Analisa Torres of the Southern District of New York imposed the $125 million penalty on Ripple for selling XRP to institutional investors, a fraction of the colossal $2 billion fine initially requested by the SEC. Judge Torres also ruled that Ripple had not violated securities laws by listing XRP on exchanges for investors to buy on the open market. The SEC appealed Torres’ ruling, with Ripple filing a cross-appeal. Both parties agreed to drop their cases, setting the stage for the final end of the lawsuit filed in December 2020. The settlement comes amid a raft of changes at the SEC, which has significantly scaled down crypto-focused investigations and litigations. President Trump’s nominee, crypto-friendly Paul Atkins, was sworn in as the SEC Chair in April. Atkins promised to provide a firm regulatory foundation for digital assets, which removes uncertainty while fostering innovation. During the SEC’s Crypto Task Force roundtable in April, the Chair acknowledged that innovation in the crypto industry has been stifled for many years. XRP’s uptrend gains momentum for a potential breakout XRP’s price prepares for a major breakout as the uptrend thaws despite the SuperTrend indicator’s sell-side challenges. Flipping this indicator below the price could significantly change market dynamics, indicating a change of guard from the bears to the bulls. A buy signal is confirmed with the SuperTrend indicator shifting below XRP’s price, thus changing the colour from red to green.
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#AltcoinTrade #TradeOfTheWeek #TradeStories $ETH Ethereum price today is $ 2,341.36 with a 24-hour trading volume of $ 75.10B, market cap of $ 282.67B, and market dominance of 8.61%. The ETH price increased 6.02% in the last 24 hours. Ethereum reached its highest price on Nov 10, 2021 when it was trading at its all-time high of $ 4,867.17, while Ethereum's lowest price was recorded on Oct 21, 2015 when it was trading at its all-time low of $ 0.420897. The lowest price since its ATH was $ 897.01 (cycle low). The highest ETH price since the last cycle low was $ 4,094.18 (cycle high). The Ethereum price prediction sentiment is currently neutral , while Fear & Greed Index is showing 70 (Greed). Ethereum's current circulating supply is 120.73M ETH. The current yearly supply inflation rate is 0.52% meaning 624,077 ETH were created in the last year. In terms of market cap, Ethereum is currently ranked #1 in the Proof-of-Stake Coins sector and ranked #2 in the Layer 1 sector.
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#TradeOfTheWeek How to Protect Yourself: 📍1. Be Skeptical: Don't believe everything you read online. Be especially cautious about people who claim to be in love too easily, want to keep secrets, or rush into a relationship. $ETH #TradeStories 📍2. Verify Information: Use reverse image search tools (like TinEye or Google image search) to check if the photos on a profile are genuine or stolen, says Aura. 📍3. Look for Red Flags: Watch for signs of a scam, such as: 📍Poorly designed websites or profiles with spelling errors and generic language. 📍Requests to view photos or download attachments on other sites. 📍Requests for personal or financial information early in the conversation. 📍A huge influx of attention as soon as you sign up, even if you haven't finished your profile. 📍Discrepancies in their story or reluctance to video chat or meet in person. 📍4. Use Strong Passwords and 2FA: Use unique, strong passwords for all online accounts and enable two-factor authentication (2FA) wherever possible. 📍5. Report Suspicious Activity: If you suspect a scam,report it to the authorities, such as the Federal Trade Commission (FTC) or the National Cyber Crime Reporting Portal (cybercrime.gov.in). 📍6. Stay Informed: Educate yourself about common scams and keep up-to-date on the latest tactics used by scammers, says India Today. 📍7. Install Antivirus Software: Before signing up for a new dating service,install antivirus software with malware protection. 📍8. Don't Share Sensitive Information: Avoid sharing personal or financial information with anyone you haven't met in person,especially if they are asking for it early in the relationship. By being vigilant and aware of the warning signs, you can protect yourself from these types of phishing scams.
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#TradeOfTheWeek Gone phishing: don't let scammers hookup news" refers to the common phishing scams that target users through fake online dating and "hookup" sites.These scams often involve fake profiles,requests for sensitive information, and attempts to lure users into downloading malicious software or providing financial details, says Aura. Here's a breakdown of how these scams work and how to protect yourself: $BTC How Phishing Scams on Dating/Hookup Sites Work: 📍1. Fake Profiles: Scammers create fake profiles on dating apps and websites, often using stolen or generated images and creating a false persona. 📍2. Initial Engagement: They initiate conversations, build rapport, and try to gain the user's trust. 📍3. Request for Sensitive Information: Scammers may ask for personal details, photos of ID, or even financial information to verify profiles, which can be used for identity theft. 📍4. Requests for Money: They may ask for money, often claiming a need for medical expenses,travel,or other emergencies. 📍5. Malware and Data Theft: Some fake dating sites are filled with malware that can infect devices, steal personal information, or even lock the user out of their devices until they pay a ransom, says Aura. 📍6. Financial Losses: Users may be tricked into sending money or providing sensitive information, leading to financial losses.
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