Simply Crypto

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

Russia’s Crypto Revolution: Embracing Digital Assets Amidst Sanctions

Sanctions-hit Russia rushes to set up payment systems, including crypto, to make trading easier. Russia legalizes crypto mining and brings an experimental regime. Plus, Russia will use cryptocurrency to handle backlogged payments to allies amid Western sanctions. Also, Russia passes new cryptocurrency law in an effort to dodge Western sanctions.Sources:https://www.businessinsider.com/russia-economy-moscow-cryptocurrency-bill-digital-ruble-trade-payments-sanctions-2024-7https://www.coindesk.com/policy/2024/07/30/russia-legalizes-crypto-mining-and-brings-an-experimental-regime/https://www.foxbusiness.com/economy/russia-use-cryptocurrency-handle-backlogged-payments-allies-western-sanctions-reportshttps://kyivindependent.com/russia-passes-new-cryptocurrency-law-in-effort-to-dodge-western-sanctions/Outline:(00:00:00) Introduction(00:00:44) Sanctions-hit Russia is rushing to set up payment systems, including crypto, to make trading easier(00:04:00) Russia Legalizes Crypto Mining and Brings an Experimental Regime(00:07:06) Russia will use cryptocurrency to handle backlogged payments to allies amid Western sanctions: reports(00:09:23) Russia passes new cryptocurrency law in effort to dodge Western sanctions

Branson Considers Crypto Rules, Tech Exec Hosts Vance Fundraiser

The city of Branson considers rules for data centers and cryptocurrency mining. Tech entrepreneur Mike Belshe hosts a fundraising visit for Ohio Sen. JD Vance. Plus, the shifting stances on cryptocurrency by Trump and Harris. Also, Trump's new stance on crypto to win over voters and mega-donors.Sources:https://www.ky3.com/2024/07/30/city-branson-considering-rules-data-centers-cryptocurrency-mining/https://www.mercurynews.com/2024/07/29/who-is-mike-belshe-the-cryptocurrency-executive-hosting-j-d-vance-fundraiser/https://www.yoursourceone.com/business/where-do-trump-and-harris-stand-on-cryptocurrency/article_e00b3bfb-9336-50b4-b766-ccb0a7416f81.htmlhttps://www.pbs.org/newshour/show/trump-shifts-stance-on-cryptocurrency-to-win-over-new-bloc-of-voters-and-mega-donorsOutline:(00:00:00) Introduction(00:00:40) City of Branson considering rules for data centers and cryptocurrency mining(00:03:29) Who is Mike Belshe, the cryptocurrency executive hosting J.D. Vance fundraiser?(00:06:08) Where do Trump and Harris stand on cryptocurrency?(00:09:05) Trump shifts stance on cryptocurrency to win over new bloc of voters and mega-donors