Cointelegraph

⚡ BILL MILLER: “Bitcoin is the only economic entity where the supply is unaffected by the demand.” There can only be 21 million #Bitcoin.

🇺🇸 US spot #Bitcoin ETFs recorded $253.6 million in net inflows on Oct. 11, breaking three consecutive trading days of outflows.

🇺🇸 NEW: The SEC has delayed its decision on spot #Ethereum ETFs again, moving the deadline from Oct. 19 to Dec. 3.

🔥 SAYLOR: “Once I understood Bitcoin, I would go to bed with anxiety at night feeling short because I worry that somebody else will figure out what I figured out and they would buy it all and I wouldn’t be able to buy anymore.” Now, Microstrategy HODL 252,220 #Bitcoin. 💯

🔥 PREDICTION: Veteran trader Peter Brandt predicts #Bitcoin could reach $135K by August/September 2025. However, he states that a "close below $48K negates my chart analysis."

A new AI tool called ProKYC is enabling fraudsters to bypass KYC measures on crypto exchanges by generating deepfake identities, including realistic videos and fake government-issued documents. Cybersecurity firm Cato Networks warned that this represents a new level of sophistication in crypto fraud, making it easier for bad actors to create accounts using completely fabricated identities. Detecting such AI-powered fraud remains challenging, as stricter measures can lead to false positives, while lax systems open the door for more fraud. ➡️ Read the full article here: https://lnkd.in/gNDfKeRi 💡 Stay updated on the latest in crypto security—follow @cointelegraph for expert insights! ⚡️

🚀 Uniswap (UNI) Surges 25% Ahead of Unichain Launch Uniswap's governance token, UNI, has defied a marketwide downturn, posting a 25% weekly gain. This rally follows the announcement of Unichain, a layer-2 blockchain designed to offer faster, cheaper transactions and improved interoperability. Trading volume surged by 418%, with UNI claiming the 20th spot on CoinMarketCap. ➡️ Read the full article to learn more: https://lnkd.in/gE-SnRtA

🔥 DRAPER: #Bitcoin is “going to blow through $250,000 so fast,” once the US government finally sees the light.

Another “Satoshi reveal” debunked? Check out the top 10 failed crypto theories that went up in flames!🔥 https://lnkd.in/g-Am5PxQ

The rapid growth of cryptocurrency has brought immense opportunities, but it also comes with significant risks, especially when dealing with risky platforms. In August 2024, a phishing scam resulted in the loss of $238 million, reminding investors of the dangers lurking in this fast-paced market. Unregulated crypto platforms, which often lack licensing, transparency, and security measures, can expose users to substantial threats, including fraud and hacks. Warning signs like anonymous management, poor customer support, and promises of unrealistic returns should raise immediate red flags. Without basic measures like Know Your Customer (KYC) protocols, two-factor authentication (2FA), and cold storage, your investments could be at serious risk. So, how can you protect yourself? First, prioritize platforms that adhere to security best practices such as SSL encryption, regular audits, and insurance coverage. Second, conduct thorough research before engaging with any platform, checking for proper regulation and customer reviews. The 2024 WazirX hack, which cost investors $234.9 million, highlights the importance of vigilance. By being informed and cautious, you can safely navigate the crypto space and protect your financial future. Have you encountered any suspicious crypto platforms lately?