⚠️ Brazilian Blogger Hospitalized After Losing 4 BTC
A popular Brazilian pianist and blogger, known by the pseudonym Lord Vinheteiro, lost access to his savings of 4 BTC (worth over $368,000) after misplacing a note containing his seed phrase.
He suspects that his housekeeper may have thrown it away.
Previously, Vinheteiro bought Bitcoin at around $70,000 and sold it at approximately $50,000.
Additionally, he lost over $30,000 investing in OIBR3, a company that later went bankrupt.
Amid the stress, he was hospitalized with an undisclosed illness.
📉 US Spot ETFs Outflow
💸 Amid turbulence in the Middle East, US spot Bitcoin ETFs lost $301 million. Grayscale GBTC lost ($47.12 million), BlackRock IBIT raised $135 million, but ARK 21Shares ARKB lost $206 million.
Ethereum ETFs also suffered, although BlackRock ETHA received $55.83 million.
↪️ This data reflects the uncertainty in the crypto market. BlackRock's active participation is especially interesting - this may indicate trust in crypto assets on the part of large investors.
After the support of Elon Musk, Trump's chances of winning the US election increased to 50.6%.
This is the Republican's first lead over Democrat Harris.
🌐 "The political factor can greatly affect the economy and volatility of the crypto market," experts warn.
Therefore, the crypto market will continue to feel pressure from politics and institutional investment through ETFs in the coming months.
🤓Attackers are using artificial intelligence to bypass strict KYC measures on cryptocurrency exchanges, security experts Cato Networks noted in a report.
A tool called ProKYC demonstrates a “new level of sophistication” in crypto fraud. It allows you to create new documents and generate videos to pass verification.
🚨 US Government's $4.38B Bitcoin Stash: To Sell or Not to Sell? 💼💰
As Uncle Sam takes full custody of 69,370 Bitcoins seized from the Silk Road, speculation is heating up!
🚀 Critics like Peter Schiff are having a field day, suggesting the government might offload the stash before the 2024 elections—just like Germany’s crypto sell-off! 🇩🇪
Schiff even took a playful jab at Bitcoin mega-bull Michael Saylor, saying MicroStrategy should borrow $4.3B and buy the whole lot! 😆 But the big question remains:Will Saylor step in? 🧐
With Bitcoin potentially dropping below $50K if a liquidation happens, traders are on edge. 🛑
And with the election around the corner, selling off Bitcoin could sway those crypto-friendly voters! 🗳
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Sounds like crypto news from September?