is...(Never argue with fools. They will drag you down to their level and beat you with experience.)
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It isn't over with seizures of Elite's assets. In fact, it's just the beginning and why seized assets are going to continue being dumped daily.
I tried warning others that Bitcoin is an Elite scam and it has now caught up with their liquidations by the courts. It will continue all summer long.
I agree they are catching them laundering this scam into wallets and why so much crypto has already been seized.
https://www.coindesk.com/markets/2024/07/08/bitcoin-drops-as-german-government-moves-another-500m-of-assets/
Governments continue to dump seized Bitcoin assets in record numbers.
Nuts, he gave bonuses, it's no secret and the Aid he sent. It's criminal Every bit of it, is in the filings.
Do you even know what MAGA stands for? Why would anybody be in opposition of making America great again?
Excellent! Spot on reality.
Coinbase Prime has partnered with the Justice Department's U.S. Marshals Service on crypto.
America's largest registered crypto exchange, Coinbase, has inked a $32.5 million deal with the Justice Department's U.S. Marshals Service to provide custody and trading of its digital assets.
The U.S. Marshals Service is a federal agency dealing with asset forfeiture, including the forfeiture of crypto assets, making crypto custody and the security of its seized digital assets an essential part of its mission.
"Coinbase has a longstanding history of supporting law enforcement agencies, dating back to the founding of our law enforcement program in 2014," the company announced in a blog post. Coinbase Prime, the firm's institutional crypto arm, will be responsible for securely storing the U.S. Marshal Service's crypto and selling, trading, or exchanging high-value cryptocurrencies on behalf of the U.S. Marshals Service.
U.S. Marshals Service says it will be "managing and disposing of large quantities of popular cryptocurrency assets."
Coinbase said it has partnered with "every major U.S. federal, state, and local law enforcement agency," alongside foreign agencies spread across Europe, Asia, Africa, and Latin America.
"Growing the cryptoeconomy means promoting safe and efficient markets, and these partnerships are critical to our mission," Coinbase said.
The U.S. government remains the largest holder of crypto at the nation-state level, holding over $13.8 billion in cryptocurrency, according to Arkham Intelligence. Market analysts strongly monitor transfers of U.S. government crypto holdings, due to their large volume and potential impact on crypto markets. Earlier this week, both the U.S. and German governments moved large volumes of cryptocurrency, sending reverberations across markets.
In June, Germany started liquidating a portion of its $2.8 billion in crypto holdings, dumping more than $195 million in a single day – prompting the price of bitcoin to dip approximately 3.5% as a result.
https://www.thestreet.com/crypto/markets/coinbase-lands-32-5-million-u-s-government-crypto-contract
Nice! Patience will pay off huge.
Do some DD as it's covered in the filings like the CEO is a good Samaritan. The naive don't consider the ramifications of his guilt as he admits what he did.
It's borderline Treason what the CEO has done in my book.
CEO Concaves is a Brazilian turncoat who hired his own son as Treasurer.
There is a lot of slippery activity going on that shareholders don't see. From who and what they fund at the expense of the common shareholder.
Believing Govt's buying when Liquidating Seized Bitcoin accounts. LMFAO
You forgot the link. I'll give you the link. LoL It's Elites being smashed by U.S. and German Govt's liquidating seized Bitcoin. LoL
Yes
They are being Liquidated. LoL
I'm preaching to the Choir LoL, SMH
Your words not mine. LoL
Absolutely. This is happening now. Big changes happening.
OK now you're making sense as the entire Earth is changing and going to gold.
The Elites Central Banks know this and why the demand for gold keeps increasing at a steady rise because they are buying it. This in turn explains the massive manipulation with gold. Bitcoin is junk and they all know this, just the same.
The Bubble will burst soon and be abandoned for trading purposes as no country will have anything to do with it. BTC gone in 2025.
100% Conspiracy theory and Rantz sounds Terrified. LoL
Didn't Adam Aron fire that loser. SMH
Getting prepared to Run Hard! Get Ready.
Absolute FACT! Governments Selling Bitcoin Potapenko/Turogin seized funds. It's over for BTC https://coingape.com/crypto-market-crash-why-bitcoin-and-altcoins-are-falling/ The Elite holding this garbage scam stock are Terrified! LoL
The US and German governments have moved BTC worth millions in the last few hours, as per Arkham. US government wallet address transferred 237 BTC related to Potapenko/Turogin seized funds to the address starting with bc1qvc.
In addition, the German government also dumped 1,300 BTC Bitstamp, Coinbase, and Kraken. They also moved a massive 1,700 bitcoins worth $98.76 million to an unknown wallet.
The transfers by these wallet addresses sparked panic among investors and traders causing BTC price to again fell below the $54,000 level.
https://coingape.com/crypto-market-crash-why-bitcoin-and-altcoins-are-falling/
BTC related to Potapenko/Turogin seized funds to the address starting with bc1qvc.
Only thing left is for the Elite to rapidly pump this Pig even though they are being caught when attempting to transfer funds. LoL Terrified Elite are trapped.
Governments Selling Bitcoin Potapenko/Turogin seized funds. It's over for BTC
The US and German governments have moved BTC worth millions in the last few hours, as per Arkham. US government wallet address transferred 237 BTC related to Potapenko/Turogin seized funds to the address starting with bc1qvc.
In addition, the German government also dumped 1,300 BTC Bitstamp, Coinbase, and Kraken. They also moved a massive 1,700 bitcoins worth $98.76 million to an unknown wallet.
The transfers by these wallet addresses sparked panic among investors and traders causing BTC price to again fell below the $54,000 level.
https://coingape.com/crypto-market-crash-why-bitcoin-and-altcoins-are-falling/
Crypto Market Crash: Why Bitcoin And Altcoins Are Falling
Crypto Market Crash deepens as the price of Bitcoin tumbled to $53,400 after an extreme panic selloff that also impacted altcoins.
By Varinder Singh
July 4, 2024 Updated 2 days ago
twitter
Crypto Market Crash: Why Bitcoin And Altcoins Are Falling
Highlights
Bitcoin price hit a 24-hour low of $53,400 as market sentiment degrades.
Crypto market officially in bear market as it dropped 20%.
Panic selling due to Mt. Gox repayment, BTC selling by governments, Fed hawkish outlook, and options expiry are primary reasons.
The combined crypto market capitalization has dropped by more than 11% in 48 hours, causing investors to lose 250 billion. The market cap tumbled by over 8% in the last 24 hours to return the industry to a bear run. Bitcoin price hit a 24-hour low of $53,485, falling below the key support level and risking a collapse to $52,000.
Altcoins including Ethereum, BNB, Cardano, XRP, and Toncoin dropped more than 15%. Whereas, Solana ecosystem tokens and meme coins, as well as some AI coins extended the double-digit drop further in the last 48 hours.
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Crypto market sentiment falls back to fear amid panic selling by investors ahead of Mt. Gox’s $10 billion in BTC and BCH repayment starting this week. JPMorgan and CoinShares have warned about market shake-up on concerns of potential selloff by creditors.
Crypto Market Officially In Bear Market
As per Coinglass, $680 million worth of cryptocurrencies were liquidated in the last 24 hours. Over 232k traders were liquidated, with the largest single liquidation order on Binance crypto exchange as ETHUSDT valued at $18.48 million.
Nearly $590 million in long positions and $90 million in short positions were liquidated in the last 24 hours. Investors have lost over 150 billion in the last 24 hours as the crypto market cap dropped from $2.24 trillion to $1.99 trillion.
Meanwhile, over 17,500 BTC options of notional value $1.02 billion are set to expire, with a put-call ratio of 0.67. The max pain point is 61,500, implying that Bitcoin price will remain under selloff pressure as BTC fell below $54k today.
Notably, the put/call ratio in the last 24 hours climbed over 1.09, with put volume above 17,200 and call volume near 15,793. This indicates options traders have turned highly bearish on Bitcoin.
Implied volatility (IV) in all terms shows significant declines, which means a market recovery in uncertain price movements will see BTC price tumble below $52,000.
More articles focusing on the Bitcoin Cave and Collapse.
https://coingape.com/crypto-market-crash-why-bitcoin-and-altcoins-are-falling/
Crypto Market Crash: Why Bitcoin And Altcoins Are Falling
Crypto Market Crash deepens as the price of Bitcoin tumbled to $53,400 after an extreme panic selloff that also impacted altcoins.
By Varinder Singh
July 4, 2024 Updated 2 days ago
twitter
Crypto Market Crash: Why Bitcoin And Altcoins Are Falling
Highlights
Bitcoin price hit a 24-hour low of $53,400 as market sentiment degrades.
Crypto market officially in bear market as it dropped 20%.
Panic selling due to Mt. Gox repayment, BTC selling by governments, Fed hawkish outlook, and options expiry are primary reasons.
The combined crypto market capitalization has dropped by more than 11% in 48 hours, causing investors to lose 250 billion. The market cap tumbled by over 8% in the last 24 hours to return the industry to a bear run. Bitcoin price hit a 24-hour low of $53,485, falling below the key support level and risking a collapse to $52,000.
Altcoins including Ethereum, BNB, Cardano, XRP, and Toncoin dropped more than 15%. Whereas, Solana ecosystem tokens and meme coins, as well as some AI coins extended the double-digit drop further in the last 48 hours.
advertisement
Crypto market sentiment falls back to fear amid panic selling by investors ahead of Mt. Gox’s $10 billion in BTC and BCH repayment starting this week. JPMorgan and CoinShares have warned about market shake-up on concerns of potential selloff by creditors.
Crypto Market Officially In Bear Market
As per Coinglass, $680 million worth of cryptocurrencies were liquidated in the last 24 hours. Over 232k traders were liquidated, with the largest single liquidation order on Binance crypto exchange as ETHUSDT valued at $18.48 million.
Nearly $590 million in long positions and $90 million in short positions were liquidated in the last 24 hours. Investors have lost over 150 billion in the last 24 hours as the crypto market cap dropped from $2.24 trillion to $1.99 trillion.
Meanwhile, over 17,500 BTC options of notional value $1.02 billion are set to expire, with a put-call ratio of 0.67. The max pain point is 61,500, implying that Bitcoin price will remain under selloff pressure as BTC fell below $54k today.
Notably, the put/call ratio in the last 24 hours climbed over 1.09, with put volume above 17,200 and call volume near 15,793. This indicates options traders have turned highly bearish on Bitcoin.
Implied volatility (IV) in all terms shows significant declines, which means a market recovery in uncertain price movements will see BTC price tumble below $52,000.
https://coingape.com/crypto-market-crash-why-bitcoin-and-altcoins-are-falling/
$1.2Billion invested, preparing for massive commercial operation.
A second Refinery is under construction with everything in place. This is a massive commercial operation.
Hycroft is expected to have a workforce of over 500 when it's said a done. All infrastructure is prepared, in place and ready.
Hycroft Mine Expansion Winnemucca, Nevada
SMG provided conceptual, final mechanical and structural engineering and design of belt conveyors including transfer structures and chutes. A fast-track schedule and changing priorities required quick SMG responses to complete engineering on schedule.
http://www.smgengr.com/material-handling-systems.html
A fast-track schedule and changing priorities required quick SMG responses to complete engineering on schedule.
Massive belt conveyors including transfer structures and chutes.
CEO Diane Garrett said; We have a tremendous amount of infrastructure already on site at Hycroft Mining Holding Corporation – infrastructure that, if planned and purchased today, would exceed well over a billion dollars. That advantage means we’re ahead of the curve of a typical developer.
https://www.linkedin.com/company/hycroftmining
SMG massive conveyor system.
http://www.smgengr.com/material-handling-systems.html
Hycroft Mining: Infrastructure and Equipment Owned by Hycroft