Screen short just taken, BTC will have a massive drop from T | Lucas Degrazia AxYW on Binance Square

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Lucas Degrazia AxYW

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Bearish

Screen short just taken, BTC will have a massive drop from Thursday and throughout the weekend with some minor corrections.The crash Kyosaki talked about is about to happen.
DYOR.
#BitcoinTreasuryWatch #BTC  

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🚨NEWS IN: $XPL 🔥🔥🔥 On August 29th, LookOnChain reported that a whale appears to be attempting to manipulate XPL to force the liquidation of a short position. Over the past three hours, the same entity—likely the whale behind a previous incident—created four new wallets and deposited 10 million USDC into Hyperliquid to open a large long position in XPL. This follows a similar event on August 27th, when XPL surged 200% within minutes on Hyperliquid after a whale rapidly took a long position and swept the order book, netting an estimated $16 million in profits. The latest activity suggests a repeat of coordinated market action. #XPLUSDT

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🚨NEWS IN: 🔥🔥 On August 29th, the U.S. Commodity Futures Trading Commission’s (CFTC) Market Oversight Department released new guidance outlining a registration framework for Foreign-Based Trading Platforms (FBOTs). This framework applies to non-U.S. entities that are based and operating overseas but wish to offer direct trading access to U.S.-based individuals. The FBOT registration rules cover all types of markets—including both traditional and digital asset classes. In her remarks, Acting CFTC Chairman Caroline D. Pham emphasized that this guidance offers regulatory clarity, particularly for firms that had previously exited the U.S. market due to what she described as "enforcement-based regulation" in recent years. She noted that the move reaffirms the CFTC’s commitment to providing U.S. traders with diverse access to global liquid markets and a broad range of products. As a result, U.S. companies that had moved cryptocurrency operations offshore may now have a viable pathway to re-enter the domestic market.

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🚨NEWS IN: $50 MILLION “Rug Pull” SCAM TAKEN DOWN🔥🔥🔥 On August 28th, Binance announced a significant collaboration with blockchain analytics firm Chainalysis, stablecoin issuers, and law enforcement agencies across the Asia-Pacific region. Together, they successfully froze nearly $50 million in illegally obtained funds linked to a “rug pull” scam that took place in June of the previous year. This particular scam reflects an alarming trend—the increasing globalization of fraudulent schemes, which now often include investment and romance frauds targeting victims across borders. The coordinated effort highlights the growing ability of crypto platforms, analytics experts, and international authorities to track, trace, and immobilize criminal proceeds in the digital asset space. This operation notensures greater security and trust for users but also serves as a strong deterrent to bad actors within the ecosystem. #ScamAwareness

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🚨NEWS IN: TORNADO CASH LEGAL BATTLE 🔥🔥 On August 28th, The Block reported that the Solana Policy Institute has donated $500,000 to support the legal defense of Tornado Cash developers Roman Storm and Alexey Pertsev. Both developers have been convicted in relation to the cryptocurrency mixer—Pertsev received a 64-month sentence in the Netherlands for aiding a $1.2 billion money laundering operation, while Storm was recently convicted in New York for unlicensed money transmitting. The jury, however, did not reach a consensus on more severe charges including money laundering and sanctions violations. The Solana Policy Institute's $500,000 contribution to the legal defense of Tornado Cash developers is a significant and strategic move that resonates deeply within the crypto community. This action transcends a simple donation; it represents a major stand in a foundational battle over code, privacy, and regulatory overreach. The case against Storm and Pertsev sets a dangerous precedent that could criminalize the act of developing open-source software, potentially stifling innovation and scaring developers away from building privacy-focused tools. By financially backing their defense, a prominent industry entity is signaling that this is a watershed moment for the entire ecosystem. The outcome will likely define the legal boundaries for developers, determine the future of financial privacy technologies, and clarify whether individuals can be held liable for how others misuse their neutral, open-source code. Consequently, this legal battle is not just about two developers but is widely viewed as a defensive fight for the core principles of permissionless innovation and decentralized technology. #TornadoCash. #LegalUpdate

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🚨 NEWS IN: $SHELL 🔥🔥 On August 28th, MyShell and Binance announced a strategic partnership to introduce a limited-time lock-up product for $SHELL tokens. Users can now subscribe to these locked products and benefit from an annual percentage yield (APY) as high as 29.9%. The offering will be available until February 27, 2026, with three lock-in periods to choose from: 30, 60, or 90 days, offering APYs of 16.9%, 21.9%, and 29.9% respectively. That same day, the second phase of the HODLer airdrop was also completed, distributing 25 million SHELL tokens to users who had engaged with eligible BNB-based fixed-term, flexible-term, or on-chain staking products between July 24th and July 28th (UTC). #SHELL🚀🚀🚀

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