🚨 Dutch court releases Tornado Cash co-founder to electronic monitoring, TORN rallies

In a twist that feels more like a plot from a crypto thriller, Alex Pertsev, co-founder of the infamous Tornado Cash, has regained a glimmer of freedom after a Dutch court decided to swap his prison cell for electronic monitoring. What a turn of events! Talk about going from chains to signals, right?

As tension builds around the future of decentralized finance, the price of TORN skyrocketed, reaching a commendable rise of nearly 40% before it took a slight breather, landing at $12.88. It seems the market vibes are keeping a close watch on this turn of events, which makes sense—when one door opens, another can lead to profits!

Pertsev's arrest way back in August 2022 after US sanctions against Tornado Mixer hasn’t dampened his spirits. Despite being charged with serious allegations, he consistently argues that privacy tools are not synonymous with money laundering. The debate continues as the line between innovation and regulation becomes increasingly blurred.

And let’s not forget the recent court ruling from the Fifth Circuit, which made waves by ordering the removal of Tornado Cash-linked addresses from the US Treasury's blacklist. That’s a significant win and may just set the stage for future changes in how crypto protocols are treated under the law. The smart contracts remain untouchable and autonomous—a heads up for innovators and investors alike.

As we witness this drama unfold, it's essential to stay ahead of trends in this high-volatility landscape. Whether you lean towards AI tokens or the latest memecoins, keeping an eye on these developments might just turn your crypto portfolio into a treasure trove.

memecoin #crypto #solana #Ethereum #ai #bitcoin #cryptocurrency ⚠️ Disclaimer: This analysis is for informational purposes only and should not be considered financial or investment advice.

"This time is different"

Link to original post I made almost 8 years ago.

Since mid-2014, I've maintained a personal chart for Bitcoin's historical price. Even at that time, it was interesting to me to see similar trends in stability followed by quick jumps in price. Perhaps this is Elliott Wave behavior?

Anyway, I thought I'd share the updated chart

The blue line is the price history. For the red line, it's a rough trace of the first box. For the third and subsequent boxes, it's about 60% residual height to show some decay over time. Today, you see quite a bit of this stuff with explanations related to halving cycles, so perhaps this doesn't need too much explanation for people these days.

My point for posting today, is that so many people are caught up with recent news as it relates to Bitcoin. People have almost always tried to create a narrative around WHY Bitcoin is moving up or down in recent days. Yes, current events and the actions of larger participants in the ecosystem will have some impact on the charts (MtGox, FTX, US SBR). And those impacts will cause deviations in the pattern. But the larger picture is the almost inevitable march forward on the curve. ZOOM OUT! If SBR happens soon, maybe we get a peak this year. If not, maybe Apple or a large group of companies start the next stage rolling. Either way or any other way, it still appears to be fairly early in this cycle.

For those interested, link to my thoughts on why this behavior exists

As the sidebar says, this isn't trading advice. However, most TA is understanding that large populations of people can be "simulated" with mathematical models and then finding the one that best fits the data.

What Are They Verified Gate.io Accounts?

What are Gate.io accounts?

Buy Verified Gate.io Accounts. User accounts made on the cryptocurrency exchange platform Gate.io are known as Gate.io accounts. Users of the international digital asset trading website Gate.io can purchase, sell, and exchange a large range of cryptocurrencies. On Gate.io, you can access features like these after creating an account:

• Trading: Buy, sell, and exchange cryptocurrencies such as Ethereum (ETH), Bitcoin (BTC), and numerous other altcoins.
• Spot Trading: Buying and selling cryptocurrencies right away at the going rate.
• Futures Trading: You can speculate on the future value of assets by trading bitcoin futures contracts.
• Margin Trading: Take out a loan to make bigger trades than your account balance would typically permit.
• Staking and Savings: You can use savings products or stake your cryptocurrency to earn interest.
• Wallet Services: Use the integrated wallets on Gate.io to safely store your cryptocurrency.
• API Access: To automate trading techniques or integrate with other services, utilize Gate.io’s API.
• Security Features: To safeguard your account, you can use two-factor authentication (2FA), withdrawal whitelists, and other security precautions.

In order to access greater withdrawal limits and other features, you normally need to register a Gate.io account by entering your email address, creating a password, and completing identity verification (KYC). You can deposit fiat money or cryptocurrency (based on supported alternatives) and begin trading as soon as your account is created.

Make sure you always adhere to security best practices, such as turning on 2FA and using strong, one-of-a-kind passwords to safeguard your account.

What benefits come with a verified Gate account?

A verified Gate.io account offers several benefits, particularly in terms of increased functionality, higher limits, and enhanced security. Here are the key advantages of completing the verification process (KYC—Know Your Customer) on Gate.io:

• Higher Withdrawal Limits: Unverified accounts typically have lower withdrawal limits. Verification increases these limits, allowing you to withdraw larger amounts of cryptocurrency or fiat currency.
• Access to Fiat Deposits and Withdrawals: Verified accounts often gain access to fiat currency deposit and withdrawal options, enabling you to trade directly with traditional currencies like USD, EUR, or others supported by Gate.io.
• Increased Trading Limits: Verification can unlock higher trading limits, allowing you to execute larger trades on the platform.
• Full Access to Platform Features: Some advanced features, such as margin trading, futures trading, and certain staking or savings products, may only be available to verified users.
• Enhanced Security: Verification adds an extra layer of security to your account, as it ties your identity to your account activity. This can help protect against unauthorized access and fraud.
• Compliance with Regulations: Completing KYC ensures that Gate.io complies with global anti-money laundering (AML) and counter-terrorism financing (CTF) regulations, making the platform safer and more trustworthy for all users.
• Priority Customer Support: Verified users may receive priority access to customer support, ensuring faster resolution of issues or inquiries.
• Participation in Exclusive Promotions: Some promotions, airdrops, or special events on Gate.io may be restricted to verified users only.
• Global Accessibility: Verification allows users from more countries to access the platform, as some regions require KYC for compliance with local laws.

https://preview.redd.it/u0j2pg201lhe1.png?width=1080&format=png&auto=webp&s=67cb11109ae52ab2bc9801f64948d06130f96204

Verification Levels on Gate

Gate.io typically offers multiple levels of verification, each with increasing benefits:

• Basic Verification: requires minimal information (e.g., name, email, phone number) and provides basic access.
• Advanced Verification: Requires additional documentation (e.g., government-issued ID, proof of address) and unlocks higher limits and features.

How to Verify Your Account

• Log in to your Gate.io account.
• Navigate to the Verification section in your account settings.
• Submit the required documents (e.g., ID, passport, or driver’s license) and personal information.
• Wait for Gate.io to review and approve your submission (this can take a few hours to a few days).

By verifying your account, you can fully utilize Gate.io’s features while ensuring a secure and compliant trading experience. Always ensure that the documents you submit are clear and valid to avoid delays in the verification process.

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