When A Scam Sounds Too Real: Victim Ignores Cops And Loses Thousands At Crypto ATM

AI is a prediction machine, great at probability but bad at surprise. Humans are chaos-powered improbability drives—breaking patterns, inventing the impossible. Douglas Adams basically warned us in Hitchhiker’s Guide: the real magic comes from unpredictability.

Crypto execs, led by Michael Saylor, push for the U.S. to acquire 1 million BTC, establishing a Strategic Bitcoin Reserve.   Crypto executives, led by Strategy co-founder Michael Saylor, have gathered in Washington to advocate for a new piece of legislation. This bill, known as the BITCOIN Act, proposes the establishment of a U.S. Strategic […] The post Crypto Executives Advocate for U.S. Strategic Bitcoin Reserve Legislation appeared first on Live Bitcoin News.

The post Why BONK’s weekly trend remains deeply bearish despite price rise appeared on BitcoinEthereumNews.com. Bonk saw a 5.55% rally in the past 24 hours, but CoinMarketCap data showed that its daily trading volume has fallen by nearly 10% at the time of writing. These gains could be driven partly due to the Solana [SOL] launchpad Bonk.fun news that 51% of the fees would be used to buy back BONK, up from the existing 10%. BONK sinks below long-term support Source: BONK/USDT on TradingView Bonk’s [BONK] weekly chart showed a strong downtrend in progress. The $0.0000096 support, which stretched back to early 2024, was being retested as resistance. Two weeks ago, a weekly trading session closed below this support. The OBV was also in a downtrend with the price, and the RSI’s reading of 36 showed strong bearish momentum. Overall, it was a place where the bulls needed to make a last stand. As things stand, the buyers lack the conviction to reverse the trend. Source: BONK/USDT on TradingView On the 4-hour chart, there seemed to be a bit of hope for BONK bulls. A range formation (purple) between $0.00000846 and $0.0000105 has halted the downtrend over the past three weeks. At the same time, the OBV trended higher, while the RSI oscillated between bullish and bearish momentum. It was a sign that there was buying pressure in recent days. Despite this hopeful development, it would be extremely difficult for the bulls to overturn the long-term downtrend. The loss of $0.0000096 as support, just below the psychological $0.00001 level, was a big blow to bullish sentiment. The bullish BONK case The rising OBV hinted at a potential, albeit unlikely, BONK trend reversal. A breakout past $0.0000105 and a retest of the range high as support would be a buy signal. To the north, the next target would be $0.0000135. Traders call to action — Respect…