Crypto Guru News 🌏

2023-05-15 12:26:32 U.S. DOJ's Crypto Enforcement Director Promises Crackdown on Illicit Behavior on Crypto Exchanges: FT
Eun Young Choi said the DoJ is targeting crypto exchanges that allow "criminal actors to easily profit from their crimes and cash out,

The agency last month announced Busting Around $112 Million From Such Scams   The Federal Bureau of Investigation (FBI) has estimated that $3.31 billion was stolen from people through investment fraud in 2022, with crypto-related scams accounting for over $2.5 billion . Ochish/sharhlash

2023-05-14 05:17:40 Litecoin (LTC) has seen a significant surge in daily active network addresses, with over 400,000 new addresses since May. Ochish/sharhlash

2023-05-13 15:15:37 Bakkt has announced the mass delisting of the following tokens:

1. Aave (AAVE)
2. Avalanche (AVAX)
3. Bancor Network Token (BNT)
4. Basic Attention Token (BAT)
5. Chainlink (LINK)
6. Chiliz (CHZ)
7. Compound Token (COMP)
8. Cosmos (ATOM)
9. Curve DAO (CRV)
10. Enjin Coin (ENJ)
11. Fantom (FTM)
12. Filecoin (FIL)
13. GALA (GALA)
14. The Graph (GRT)
15. Internet Computer (ICP)
16. Loopring (LRC)
17. Maker DAO (MKR)
18. Republic (REN)
19. Stellar (XLM)
20. Sushiswap (SUSHI)
21. Synthetix (SNX)
22. Texos (XTZ)
23. Uniswap (UNI) Ochish/sharhlash

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2023-05-11 06:05:04 US April CPI inflation

Year-over-year change:
CPI 4.9% (est. 5.0%, prev. 5.0%)
Core CPI 5.5% (est. 5.5%, prev. 5.6%)

Month-over-month change:
CPI 0.4% (est. 0.4%, prev. 0.05%)
Core CPI 0.4% (est. 0.4%, prev. 0.38%)

This marks the 10th consecutive monthly drop in the US inflation rate

A Fed pivot may finally be near Ochish/sharhlash

2023-05-10 08:13:06 Crypto speak: Shitcoin.

Not all cryptocurrencies are created equal. Some are built to stand the test of time, while others have no business existing: The latter are called “shitcoins.”

The top three shitcoin red flags:

A weak team. Every crypto project has devoted and experienced developers composing its core team. If team members are unknown and appear out of nowhere, you’re likely dealing with a shitcoin.

Zero use cases. Strong crypto projects have ambitious goals, innovate, and genuinely strive to improve the world and the crypto industry. You can’t make the world a better place if your coin does absolutely nothing. If it’s useless, it’s a shitcoin.

Aggressive marketing. Shitcoin creators have zero intentions of investing time or money into expanding their projects. Instead, they concentrate their energy on marketing their product, making claims of huge returns that are too good to be true. If a project just wants attention, it’s a shitcoin. Ochish/sharhlash

2023-05-09 11:28:33 4 addresses (most likely the same user) have been holding RERE tokens since the very start date of the project and have not sold anything yet

These addresses were bought by 8.77 trillion PEPE ($22.15 million at the current exchange rate), paying 0.08 ETH ($166) for them, and making 133 095 x on PEPE! Ochish/sharhlash

2023-05-07 11:26:35 Top tools to help find a successful meme token like PEPE (375,000x in 21 days)

Find coins that perform well in terms of price:

- On the DEXToolsApp, under Top Gainers, track meme tokens that are gaining momentum.

Meme coins are only successful if they have a strong community:

- Track social metrics at LunarCrush.

Research fundamentals to reduce the likelihood of buying outright scams:

- Use Token_Sniffer to check contracts;
- Evaluate wallet distribution on bubblemaps.

Watch for smart money:

- On Etherscan, find the first buyers of successful meme coins
- On lookonchain, find additional smart money wallets
- Track their wallets on DeBank to see what they are buying Ochish/sharhlash

2023-05-06 10:21:32 Just In: Ethereum Foundation transferred 15,000 ETH ($30 million) to the Kraken exchange at 12:58 AM UTC today .

After vitalik.eth transferred 200 $ETH($396K) to #Kraken

ETH Foundation also transferred 15,000 $ETH($29.7M) to #Kraken. Ochish/sharhlash

2023-05-05 08:48:52 31.7K ETH has been burned in the past seven days.

Since the merge (231 days ago), 152K #ETH total has been burned.

The Power of #MEME coins led to more trades on Uniswap and more ETH burn. Ochish/sharhlash