Simply Crypto

Bitcoin Wallet Surges with 94,700% Profit, NYC Body Shop Crypto Theft Indictment

An ancient Bitcoin wallet revives with a staggering 94,700% profit, raising questions about the intentions of the whale behind it. Plus, an exclusive report on the indictment of seven individuals for stealing $300K in crypto from a NYC body shop owner. Stay informed about the latest developments in the cryptocurrency market and the risks associated with digital assets.Sources:https://www.investing.com/news/cryptocurrency-news/ancient-bitcoin-wallet-revives-with-staggering-94700-profit-details-3565535https://nypost.com/2024/08/10/us-news/california-ring-indicted-for-stealing-300k-in-crypto-from-queens-body-shop-owner/https://news.bitcoin.com/nigerian-files-lawsuit-to-overturn-crypto-ban-seeks-btc-commodity-status/https://news.bitcoin.com/nigerian-files-lawsuit-to-overturn-crypto-ban-seeks-btc-commodity-status/Outline:(00:00:00) Introduction(00:00:44) Ancient Bitcoin Wallet Revives With Staggering 94,700% Profit: Details By U.Today(00:02:57) Exclusive | Seven indicted for stealing $300K in crypto that was NYC body shop...(00:05:46) Nigerian Files Lawsuit to Overturn Crypto Ban, Seeks BTC Commodity Status

Authorities Recover Stolen Cryptocurrency, Ripple’s Cross-Border Business at Risk, Bitcoin’s Volatility Mirrors Stock Market

Authorities return over $60K of cryptocurrency to CT resident who fell victim to phishing scam. Ripple's cross-border business could be collateral damage in SEC suit. Bitcoin briefly climbs to $61K then seesaws, mirroring stock market movements. Bitcoin bounces back above $60,000 as cryptocurrency's rise continues to end the week.Sources:https://www.courant.com/2024/08/09/authorities-return-over-60k-of-cryptocurrency-to-ct-resident-who-fell-victim-to-phishing-scam/https://www.pymnts.com/cryptocurrency/2024/ripples-cross-border-business-could-be-collateral-damage-in-sec-suit/https://www.investopedia.com/bitcoin-briefly-climbs-to-usd61k-then-see-saws-mirroring-stock-movements-8693094https://www.cnbc.com/video/2024/08/09/bitcoin-bounces-back-above-60000-cryptocurrency-rise-continues-end-week-cnbc-crypto-world.htmlOutline:(00:00:00) Introduction(00:00:43) Authorities return over $60K of cryptocurrency to CT resident who fell victim to phishing scam(00:03:49) Ripple’s Cross-Border Business Could Be Collateral Damage in SEC Suit(00:07:48) Bitcoin Briefly Climbs To $61K Then Seesaws, Mirroring Stock Market Movements(00:10:34) Bitcoin bounces back above $60,000 as cryptocurrency's rise continues to end week: CNBC Crypto World

Binance Recovers Stolen Cryptocurrency, Russia Legalizes Mining, Bitcoin Rebounds to $60k

Binance recovers $73 million in stolen cryptocurrency, marking a 33% increase. Russia legalizes cryptocurrency mining in a new law signed by Putin. Bitcoin rebounds to $60k as risk sentiment improves. Stay updated with the latest news and insights on cryptocurrency trading by joining Simply Crypto.Sources:https://www.financemagnates.com/cryptocurrency/binance-recovers-73-million-in-stolen-cryptocurrency-up-33/https://www.financemagnates.com/cryptocurrency/russia-legalizes-cryptocurrency-mining-in-new-law-signed-by-putin/https://www.investing.com/news/cryptocurrency-news/bitcoin-price-today-rebounds-to-60k-as-risk-sentiment-improves-3563728https://www.investing.com/news/cryptocurrency-news/bitcoin-price-today-rebounds-to-60k-as-risk-sentiment-improves-3563728Outline:(00:00:00) Introduction(00:00:42) Binance Recovers $73 Million in Stolen Cryptocurrency, Up 33%(00:01:28) Russia Legalizes Cryptocurrency Mining in New Law Signed by Putin(00:02:05) Bitcoin price today: rebounds to $60k as risk sentiment improves By Investing.com(00:05:25) Bitcoin price today: rebounds to $60k as risk sentiment improves By Investing.com

Robinhood Beats Earnings with Surging Cryptocurrency Trading, FBI Warns of Scammers Targeting Crypto Community

Surging cryptocurrency trading helps Robinhood beat earnings expectations. FBI issues alert, warning of scammers posing as crypto exchange employees to steal user funds. Plus, AI picks 3 cryptocurrencies to buy the dip in this crash. Join Simply Crypto for the latest news and insights on the evolving landscape of cryptocurrency trading and the potential risks and opportunities in the market.Sources:https://siliconangle.com/2024/08/07/surging-cryptocurrency-trading-helps-robinhood-beat-earnings-second-quarter/https://www.financemagnates.com/cryptocurrency/judge-imposes-125-million-penalty-on-ripple-and-bans-future-securities-violations/https://dailyhodl.com/2024/08/07/fbi-issues-alert-warns-of-scammers-posing-as-crypto-exchange-employees-to-steal-user-funds/https://finbold.com/ai-picks-3-cryptocurrencies-to-buy-the-dip-in-this-crash/Outline:(00:00:00) Introduction(00:00:44) Surging cryptocurrency trading helps Robinhood beat earnings(00:04:19) Judge Imposes $125 Million Penalty on Ripple and Bans Future Securities Violations(00:05:21) FBI Issues Alert, Warns of Scammers Posing As Crypto Exchange Employees To Steal User Funds(00:07:27) AI picks 3 cryptocurrencies to buy the dip in this crash

New Research Reveals Factors Driving Cryptocurrency Prices, Latam’s Growing Crypto Trading Levels

A new research model sheds light on the drivers of cryptocurrency market prices, with a focus on bitcoin. Meanwhile, Latam is expected to more than double its crypto trading levels this year. Plus, Bitcoin slumps 10% and registers its heaviest weekly loss since 2022. Also, XRP and ADA price predictions after the cryptocurrency market crash.Sources:https://cryptopotato.com/new-research-model-sheds-light-on-cryptocurrency-market-drivers/https://news.bitcoin.com/coinwire-report-latam-to-more-than-double-its-crypto-trading-levels-this-year/https://www.livemint.com/market/cryptocurrency/bitcoin-slumps-10-percent-at-54333-heaviest-weekly-loss-since-2022-ftx-collapse-dogecoin-cryptocurrency-ether-worst-week-11722825853685.htmlhttps://watcher.guru/news/xrp-ada-price-prediction-after-cryptocurrency-market-crashOutline:(00:00:00) Introduction(00:00:44) New Research Model Sheds Light on Cryptocurrency Market Drivers(00:03:35) Coinwire Report: Latam to More Than Double Its Crypto Trading Levels This Year – Emerging Markets Bitcoin News(00:05:25) Bitcoin slumps 10% to trade at $54,333, registers heaviest weekly loss since FTX collapse in 2022(00:08:42) XRP & ADA Price Prediction After Cryptocurrency Market Crash

Crypto Market Plunges Amid Global Stock Market Selloff, Litecoin Falls 12%

Crypto markets experience a significant downturn amidst a global stock market selloff. Bitcoin drops 11% in 24 hours, while Litecoin falls 12%. This article provides an analysis of the market crash and explores the factors behind the sudden drop. Stay informed about the current state of the cryptocurrency market and its potential impact on investors and enthusiasts.Sources:https://thedefiant.io/news/markets/crypto-gets-obliterated-amid-global-stock-market-selloffhttps://www.investing.com/news/cryptocurrency-news/litecoin-falls-12-in-selloff-3553804https://coinpedia.org/news/why-is-the-crypto-market-down-today-key-reasons-behind-the-bloodbath-on-satoshi-street/https://coinpedia.org/news/why-is-the-crypto-market-down-today-key-reasons-behind-the-bloodbath-on-satoshi-street/Outline:(00:00:00) Introduction(00:00:38) Crypto Gets Obliterated Amid Global Stock Market Selloff(00:03:06) Litecoin Falls 12% In Selloff By Investing.com(00:05:21) Why is The Crypto Market Down Today? Key Reasons Behind the Bloodbath on Satoshi Street(00:08:48) Why is The Crypto Market Down Today? Key Reasons Behind the Bloodbath on Satoshi Street

FBI Warns of Cryptocurrency Scams, Trump’s Bold Crypto Proposal

The FBI issues a nationwide warning about cryptocurrency scams targeting investors. Plus, Trump suggests paying off the national debt with Bitcoin and wants the US to be a leader in crypto. Stay informed about the latest scams and the potential impact of Trump's proposal on the cryptocurrency landscape.Sources:https://www.staradvertiser.com/2024/08/02/hawaii-news/fbi-warns-investors-of-cryptocurrency-scams/https://news.bitcoin.com/trump-suggests-paying-off-35-trillion-national-debt-with-bitcoin-wants-us-to-be-leader-in-crypto/https://news.bitcoin.com/trump-suggests-paying-off-35-trillion-national-debt-with-bitcoin-wants-us-to-be-leader-in-crypto/https://news.bitcoin.com/trump-suggests-paying-off-35-trillion-national-debt-with-bitcoin-wants-us-to-be-leader-in-crypto/Outline:(00:00:00) Introduction(00:00:42) FBI warns investors of cryptocurrency scams(00:03:32) Trump Suggests Paying off $35 Trillion National Debt With Bitcoin — Wants US to Be Leader in Crypto(00:04:48) Trump Suggests Paying off $35 Trillion National Debt With Bitcoin — Wants US to Be Leader in Crypto(00:06:01) Trump Suggests Paying off $35 Trillion National Debt With Bitcoin — Wants US to Be Leader in Crypto

AI Predicts Top 3 Cryptocurrency to Buy if Ripple Wins SEC Case, Man Loses $62K in Crypto Scam

AI predicts the top 3 cryptocurrencies to buy if Ripple wins the SEC case. Plus, a man loses over $62K in a cryptocurrency scam. Also, the FBI warns investors of cryptocurrency scams and the New York DA's office is hiring a full-time crypto analyst for the cybercrime bureau.Sources:https://watcher.guru/news/ai-predicts-top-3-cryptocurrency-to-buy-if-ripple-wins-sec-casehttps://www.lehighvalleylive.com/news/2024/08/lehigh-county-man-lost-over-62k-in-cryptocurrency-scam-cops-say.htmlhttps://www.staradvertiser.com/2024/08/02/hawaii-news/fbi-warns-investors-of-cryptocurrency-scams/https://news.bitcoin.com/new-york-das-office-hiring-full-time-crypto-analyst-for-cybercrime-bureau/Outline:(00:00:00) Introduction(00:00:39) AI Predicts Top 3 Cryptocurrency to Buy if Ripple Wins SEC Case(00:03:46) Lehigh County man lost over $62K in cryptocurrency scam, cops say(00:06:43) FBI warns investors of cryptocurrency scams(00:10:26) New York DA's Office Hiring Full-Time Crypto Analyst for Cybercrime Bureau

Whales Prepare for Altcoin Rally, ED Raids Ladakh in Cryptocurrency Fraud Case

Cryptocurrency whales are setting up massive 'buy walls' in preparation for the next altcoin rally. Meanwhile, the Enforcement Directorate (ED) conducts its first-ever search and raids in Ladakh in a cryptocurrency fraud case. Stay updated on the latest developments in the crypto market and the ongoing efforts to combat fraud and ensure investor protection.Sources:https://www.cryptoglobe.com/latest/2024/08/cryptocurrency-whales-are-preparing-for-next-altcoin-rally-by-setting-up-massive-buy-walls/https://timesofindia.indiatimes.com/india/first-ever-search-ed-raids-ladakh-in-cryptocurrency-fraud-case/articleshow/112214365.cmshttps://timesofindia.indiatimes.com/india/first-ever-search-ed-raids-ladakh-in-cryptocurrency-fraud-case/articleshow/112214365.cmshttps://timesofindia.indiatimes.com/india/first-ever-search-ed-raids-ladakh-in-cryptocurrency-fraud-case/articleshow/112214365.cmsOutline:(00:00:00) Introduction(00:00:38) Cryptocurrency Whales are ‘Preparing For Next Altcoin Rally’ By Setting Up Massive ‘Buy Walls’(00:03:02) First-ever search: ED raids Ladakh in cryptocurrency fraud case | India News(00:05:37) First-ever search: ED raids Ladakh in cryptocurrency fraud case | India News(00:08:18) First-ever search: ED raids Ladakh in cryptocurrency fraud case | India News

Shariah-Compliant Crypto Funds Launched, Tether Reports Massive Treasury Stash

Halogen Capital launches three world's first Shariah-compliant cryptocurrency funds. Tether reports a massive U.S. Treasury stash in the first half of 2024. Plus, the impact of spot ether ETFs on ether's price and the debate over cryptocurrency regulation in Alabama.Sources:https://thesun.my/local-news/halogen-capital-officially-launches-three-world-s-first-shariah-compliant-cryptocurrency-funds-BL12800625https://www.investopedia.com/stablecoin-issuer-tether-reports-us-treasury-stash-first-half-of-2024-8686758https://www.investopedia.com/why-did-ether-price-fall-after-etfs-launched-8686127https://www.lagniappemobile.com/news/alabama-committee-discusses-fraud-regulation-of-cryptocurrency/article_ec838ab0-4f78-11ef-b05a-7fd4aee49d8a.htmlOutline:(00:00:00) Introduction(00:00:45) Halogen Capital officially launches three world’s first Shariah-compliant cryptocurrency funds(00:03:16) Stablecoin Issuer Tether Reports Massive U.S. Treasury Stash in First Half of 2024(00:06:10) Ether's Price Fell After Its Spot ETFs Launched. Can It Bounce Back?(00:09:11) Alabama committee discusses fraud, regulation of cryptocurrency