September is just around the corner, and it's historically one of the most unfavorable months for Bitcoin. 🧐
Over the past 6 years, Bitcoin has only seen positive returns in September once (+4% last year in 2023).
When looking at the average daily performance of BTC in September, the overall picture is far from optimistic. 🤷
Will Bitcoin be able to break this negative trend this year, or are we in for another decline?
▪️ This time the trend will be broken after the Fed meeting - 🔥
▪️ We'll fall towards $40,000 - 👎
▪️ September will be boring; the price won't go too far up or down - 👀
▪️ What does it matter? By the end of the year, Bitcoin will be at $100,000 - 🐳
💵 Telegram holds $400 million in cryptocurrencies — FT
Cryptocurrencies contribute a significant portion of Telegram's revenue, according to a report by the Financial Times, which obtained the company’s financial statement for 2023.
✔️ According to the publication, the company's digital assets are valued at nearly $400 million.
Additionally, the journalists learned that Pavel Durov purchased Telegram Premium subscriptions worth $300,000 as gifts, paying the company in Toncoin (TON).
It is also noteworthy that the firm sold a significant portion of its TON several months before the coin’s crash.
🗣London Resident Charged with Operating Illegal Crypto ATMs
UK police have charged 37-year-old Londoner Habibur Rahman with running unregistered crypto ATMs and laundering £300,000 ($393,700) through cryptocurrencies.
Rahman, arrested in 2023 during a raid on his electronics store in Kent, is the first in the UK to face such charges.
He was released on bail and is set to appear in court on October 10. UK authorities have tightened regulations on crypto ATMs since 2022, urging operators to register or face enforcement actions.
PS: You can read my other related crypto post below
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11.96 hours detention of pavel durov end
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