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- 👮 'Bitcoin Rodney' Arrested and Market Bubbles Look Good
👮 'Bitcoin Rodney' Arrested and Market Bubbles Look Good
PLUS - Andrew Tate Gets His Bitcoin Back? and AI Tools Are Back
The stories that matter most to you
Read Time: 4.1 mins
Good Morning from the Promptbox Team!
➡️ Cramer said Bitcoin topped out.
➡️ Gensler said that crypto is full of scams.
➡️ CT Bears still calling for $12k.
I’m here to tell you that Bitcoin is not overheated.
The market manipulators are trying to shake you out of your bags.
We’re still programmed for $50k - $60k before the halving which is just a short 100 days away.
And if you jumped into my Bonk trade yesterday you’re up 30%.
Congrats on some quick gains.
Plus, by popular demand we’re also adding back the AI Tools section so check that out below.
It’s January 9th. Let’s get it.
TODAY’S UNBOXING
MARKETS IN THE MORNING
READ: ‘Bitcoin Rodney’ Arrested
BIG STORY: Andrew Tate Wants His Bitcoin Back
BONK Rallies 30% + other crypto stories
What Am I Buying/Selling?
Reader Request: LCX
MARKETS IN THE MORNING
As of 9:30am EST
Looks like we’re just recapturing losses from last week, while Richard Heart is bridging funds to Pulse and pumping the HEX ecosystem.
If you’re a complete degen, that’s the play.
Eventual rug pull when RH gets arrested.
Solana coins going to start picking back up.
Helium (HNT) looking good and should pump at least another 5x during the bull. A solid long-term hold.
Expect a slight overall pull back while the US traders figure out exactly what the hell they want to do.
U.S. Arrests ‘Bitcoin Rodney,’ Alleged HyperVerse Crypto Scheme Promoter
January 9, 2024
HyperFund falsely claimed that investors who purchased 'memberships' would receive between 0.5% to 1% daily in passive rewards until HyperFund doubled or tripled the investor's initial investment.
The United States has taken a significant step in tackling cryptocurrency fraud with the recent arrest of Rodney Burton, also known as 'Bitcoin Rodney.'
Accused of orchestrating a multi-million dollar scam through the HyperVerse crypto investment scheme, Burton's arrest highlights the ongoing battle against fraudulent activities in the burgeoning world of digital currencies.
Key Facts:
Rodney Burton's Arrest: Known as 'Bitcoin Rodney,' Burton was arrested in Florida on charges of defrauding over $7 million through the HyperVerse scheme.
Charges and Allegations: The U.S. Internal Revenue Service (IRS) alleges that Burton promoted HyperVerse, a fraudulent crypto scheme, leading to significant financial losses for investors.
Scheme Details: HyperVerse, operating under various names like Hyperfund, HyperCapital, and HyperNation, reportedly offered false promises of daily passive rewards to investors.
Financial Impact: The scheme resulted in thousands losing millions of dollars, with Burton receiving over $7 million through numerous transactions.
International Reaction: The scheme's impact extended globally, with Australian authorities questioning their Securities and Investments Commission's (ASIC) response to the scam.
The arrest of 'Bitcoin Rodney' is a reminder of the risks associated with unregulated investment schemes in the crypto world.
It underscores the need for increased vigilance and regulatory oversight in the sector, where the allure of high returns often masks the underlying risks of fraud.
This event is likely to prompt a stronger regulatory response and greater investor caution in the crypto market.
Take a look at the full story below.
Top Web3 and Crypto Stories of the Day
Andrew Tate May Recover 21 Seized Bitcoin Now Worth 88% More
Andrew Tate has secured a minor win in Romanian court, opening the door for him to recover $10 million in assets — including 21 bitcoin.
BREAKING NEWS
BitPay allows customers to pay for goods and bills with BNB, Chainlink and others.
Cleanspark bolsters Bitcoin mining might with 60,000 S21 rig acquisition from Bitmain.
Cameroonian fintech startup Koree secures $200k in pre-seed funding.
Developer retention in Solana ecosystem increased in 2023, foundation reports.
Blackrock responds to SEC comments with 2 minor updates to filing.
BONK rallies back: Overcoming a 65% drop with a strong price rebound
2024 witnesses $151 million boom in crypto inflows amid Bitcoin ETF hype
What Am I Buying?
Not Financial Advice
Solana Ecosystem plays, but I haven’t found one I like yet.
How do you find them?
Start scrolling this dextboard and find one that has good volume, a decent rating and enough liquidity to cash out your gains.
Here’s the link: https://www.dextools.io/app/en/solana/pairs
What am I selling? Nothing
If the ETF’s are approved today or tomorrow you’re going to see Bitcoin Dominance shoot up, dragging down the alts a little bit.
However, when Bitcoin starts to range for a couple of days, we’re going to see a mini alt season.
I’ll start selling 20% chunks at that point.
Reader Request: LCX
I’ve seen LCX mentioned in Tik Tok comments and hardcore shilling on Youtube vids but don’t know much about it.
At $101m mcap, it’s still down 76% from it’s ATH about 2 years ago, with its ATL hitting in 2020.
As I’ve mentioned I don’t love older coins but I have seen a pattern of old coins pumping lately so this could be a good play. Influencers swear it will hit $1B mcap which would be a 10x and who doesn’t love a 10x.
Chart
On the chart we’re looking a bullish/buy signal on the daily and weekly with RSI showing there is room to pump.
Could be a solid entry.
If you want me to drop a chart in an upcoming issue send me an email at [email protected]
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