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Bitget unveils new Messi film as partnership extends to second year

  • Bitget has announced the unveiling of a new Messi film as it celebrates the second year of its partnership with the Argentina soccer star.
  • The exchange will run a $20,000 promotion for its users to mark the film’s launch and undertake football events in LATAM, SEA and Turkey.

Bitget has today unveiled a new film about Argentina football star Lionel Messi.

In a press release, Bitget said the new Messi film kicks off the exchange and the soccer legend’s second-year partnership. The campaign continues the #MakeItCount theme and aims at inspiring the global community towards pushing beyond limits and seizing on opportunities.

#MakeItCount 2024 showcases Messi’s determination and will to overcome adversity, tracing his rise from childhood to stardom as an FC Barcelona star. 

Bitget’s #MakeItCount Campaign 2024

Regarded as the GOAT in the football world, Messi won the World Cup with Argentina in 2022. He signed a partnership with Bitget in October that year.

Bitget, one of the top crypto exchanges in the world today, says it shares Messi’s commitment and determination.

“Both the story of Messi and the growth of Bitget serve as a reminder that greatness is not achieved overnight, but through persistent determination to make it count,” said Gracy Chen, Managing Director at Bitget.

“As we continue the #MakeItCount Campaign in 2024, we remain committed to inspiring individuals, whether they are in the football and crypto sector or beyond, to pursue greatness as no dream is too big to achieve. Together with Messi, we are delighted to bring crypto to a bigger global stage, and drive the mass adoption of crypto and blockchain technology,” Chen added.

Bitget has lined up a platform-wise competition and Football Challenge as it marks the film’s launch and continued partnership with Messi. 

From January 23 to January 30, 2024, Bitget users will have a chance to win a share of the $20,000 worth of BGB. The exchange will also offer tickets, giving customers a chance to watch Messi play for Inter Miami. The tickets will be for matches at the DRV PNK Stadium.

The other initiative will see Bitget host Football Challenge events across Latin America, Southeast Asia and Turkey. The on-ground events will target local communities.

That’s not all. Bitget says it will explore further collaboration with Messi with regard to charity. This will be under the Blockchain4Youth initiative, Bitget’s corporate social responsibility (CSR) program aimed at empowering youth in Web3 and blockchain.

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US sanctions Bitcoin ETF, NuggetRush set to cross $1.8M in investment

  • Bitcoin ETF has become a reality with the SEC approving its listing on major exchanges in the United States.
  • NuggetRush is the latest crypto sensation that has raised more than $1.8 million from eager investors.
  • As 2024 progresses, both NuggetRush and Bitcoin are expected to perform well this year.

The United States on 10 Jan 2024 decided to include Bitcoin in major investment funds by approving 11 Bitcoin exchange-traded funds (ETFs). By doing this, the SEC has allowed Bitcoin to be bought by a wide range of investors, from big pension funds to regular people.

Cryptocurrency fans are thrilled with this decision because Bitcoin is the best crypto investment to date. The US financial authority had previously turned down such requests, worried about the possibility of fraud and market manipulation. However, they have now given their nod and it’s finally going to be launched soon. Meanwhile, another development that has been the talk of the town is the massive presale success of an emerging altcoin called NuggetRush. It has crossed $1.8 million in investment till now and is considered a good cryptocurrency ICO for this year.

Let’s find out more about the Bitcoin ETF sanction and the hype around the NuggetRush presale.

Why is Bitcoin ETF news exciting for crypto fans?

ETFs are collections of investments that let people invest in various assets without actually owning them. They are sold on stock markets like regular shares, and their value changes based on the performance of the assets they include. An ETF might have different assets, like gold and silver, or shares from various sectors like technology and insurance. Some ETFs already include Bitcoin indirectly. However, a spot Bitcoin ETF will purchase Bitcoin directly at its current DeFi coin price.

Several investment firms, including big names like Blackrock and Fidelity, have been waiting for the SEC’s approval to include Bitcoin in their ETFs. After some discussion over the details, the first approvals have been granted. This has made it the best crypto for beginners who don’t have much knowledge about this industry. It means a new group of investors can now get into Bitcoin without the hassle of digital wallets or crypto exchanges. It’s expected that a lot of money will flow into the Bitcoin market as these financial firms begin to invest.

Some experts think this won’t greatly change Bitcoin’s price, as spot Bitcoin ETFs exist in other countries. However, with big US players entering the market, many believe Bitcoin’s value will go up due to increased demand.

Some people think this decision marks a significant moment, showing that Bitcoin is being taken seriously, at least as the top crypto to invest in.

NuggetRush looking strong as it crosses $1.8M in investment

NuggetRush is a popular play-to-earn gaming cryptocurrency which is considered the best crypto coin for investment. It has been showing impressive strength as it has gathered an investment of over $1.8 million. For those who might not be familiar, play-to-earn (P2E) games are a type of online game where players can earn real money by playing. NuggetRush is one such game that’s catching a lot of attention in the gaming communities.

The price of each NuggetRush token is currently set at $0.018. This is quite affordable and offers a good opportunity for those interested in how to get into cryptocurrency without a huge investment. NuggetRush’s pre-sale is divided into five rounds, and right now, it’s in the fifth round. This means there’s still an opportunity to get in before the presale ends.

One of the exciting aspects of NuggetRush is its expected launch price, which is projected to be $0.020 per token. This suggests that those who invest now during the presale could potentially see a profit when the token goes live. It’s always good to see a potential for profit in any investment, and NuggetRush seems to offer that. This makes it one of the best altcoins to watch out for this year.

In addition to the play-to-earn aspect, NuggetRush also offers something called NFT staking. NFTs, or non-fungible tokens, are a kind of digital asset that represents ownership of a unique item or piece of content. By staking NFTs in NuggetRush, players can earn an extra 20% return. This is an attractive feature for those who are into the trending NFT market and are looking for additional ways to increase their earnings.

Another notable feature of NuggetRush is that it has zero tax on buying and selling tokens. In the world of cryptocurrency, it’s common to see some taxes or fees associated with transactions. The fact that NuggetRush doesn’t impose any tax on transactions makes it one of the best NFT cryptos for youngsters. It means that players and investors can buy and sell tokens without worrying about additional costs eating into their profits.

Conclusion

As the SEC has approved Bitcoin ETF in the United States, a lot of people are now happy. Another milestone is also achieved by a notable crypto coin called NuggetRush in the world of gaming and cryptocurrency. With its entry price of $0.018 per token and the bonus of NFT staking, it’s easy to see why it’s drawing significant investment.

For more information on the NuggetRush presale, visit the NuggetRush Presale Website.

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SEC confirms X account hack happened after a “SIM swap”

  • SEC says hacker that compromised its X account used a “SIM swap” attack.
  • The unauthorised access had seen the hacker publish a fake spot Bitcoin ETFs approval announcement.
  • Investigations into the breach are ongoing, but SEC says its 2FA feature had been disabled at the time of the compromise.

The US Securities and Exchange Commission (SEC) has confirmed that the hack on the agency’s X account, and the resulting “fake approval” of spot Bitcoin ETFs, happened after an apparent “SIM swap.”

According to the SEC, the attacker used a cell phone number linked to the agency’s X account. The unauthorised entity accessed the phone number via a telecom carrier the SEC uses, and not from the regulator’s system.

However, the SEC notes that at the time of the hack, two factor authentication (2FA) for the social media account was disabled. In a press release, the SEC said 2FA for its X account had been disabled since July 2023.

“While multi-factor authentication (MFA) had previously been enabled on the @SECGov X account, it was disabled by X Support, at the staff’s request, in July 2023 due to issues accessing the account. Once access was reestablished, MFA remained disabled until staff reenabled it after the account was compromised on January 9. MFA currently is enabled for all SEC social media accounts that offer it,” the SEC said in an update published on Monday.

Multi-agency investigation ongoing

The unauthorised access to SEC’s X account on January 9, 2024 drew widespread criticism and condemnation, with calls for investigation as observers pointed to potential market manipulation. The false approval saw Bitcoin’s price swing sharply – rising to highs of $49k before paring all gains within minutes.

While the SEC officially approved the spot Bitcoin ETFs on January 10 and trading commenced on January 11, an investigation involving various regulatory and law enforcement agencies is ongoing.

In its latest press update on the incident, the SEC and its staff continue to cooperate with the FBI, Homeland Security’s Cybersecurity and Infrastructure Security Agency, the Commodity Futures Trading Commission (CFTC), the Department of Justice (DoJ), and the SEC’s own Division of Enforcement.

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BTC dips as key support zone at $40k comes under pressure

  • Bitcoin price is currently near $40,480 after falling 3% in the past 24 hours.
  • BTC faces pressure as Grayscale sells more Bitcoin amid GBTC outflows.

 Bitcoin (BTC) price saw another sell-off bout on Monday as the crypto fell more than 3% to hover just above the key $40,400 level.

With today’s BTC decline, the global crypto market cap has also dipped by about 4% in the past 24 hours to $1.65 trillion. The outlook is one of widespread altcoin weakness – Ether prices have dropped below $2,400, Solana under $87 and XRP towards $0.52.

Injective, Near Protocol and Avalanche are some of the biggest losers on the day with near double-digit declines in the past 24 hours.

Bitcoin price dips amid Grayscale BTC dump

The flagship cryptocurrency’s struggles came as GBTC issuer Grayscale Investments transferred more of its BTC holdings to Coinbase Prime. Prices fell sharply last week amid the growing GBTC outflows.

As on-chain data from blockchain security and market intelligence platform Arkham Intelligence showed, Grayscale moved another 15,308 BTC as trading markets opened on Monday. The total amount of funds transferred has increased to over 63,991 as of January 22, 2024.

In total, the digital asset manager has deposited BTC worth over $2.68 billion to Coinbase Prime since its GBTC exchange-traded fund began trading on January 11.

Arkham data shows Grayscale still holds 549,116 BTC worth over $22.3 billion.

BTC price outlook

If GBTC related sell-off pressure continues to mount, Bitcoin price could swing below the critical support level. Chances that bears could target lower areas are likely to increase should fresh panic selling hit the market.

However, should bulls flip higher on a strong bounce from the current levels, Bitcoin price could eye the 43k hurdle. The recent highs above $49k could be the main resistance zone in case of an strengthened upward continuation.

BTC traded at $40,480 on Monday at 11:30 am ET.

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Crypto.Com confirms Terra Luna Classic (LUNC) delisting

  • CryptoCom confirms Terra Luna Classic (LUNC) delisting.
  • Terra Luna Classic (LUNC) sees a 13% price plunge.
  • According to emails received by investors, the exchange is set to delist the coin on Feb 15.

In a sudden turn of events, the Terra Luna Classic (LUNC) community is grappling with uncertainty following the confirmation of its delisting by Crypto.com. The news has sent shockwaves through the market, causing a 13% tumble in LUNC prices.

Investors received emails about the delisting on February 15, raising concerns about the legitimacy of the information and potential phishing scams. Amidst this turmoil, Crypto.com has acknowledged the validity of the news, leaving the community eagerly awaiting official announcements.

Terra Luna Classic community in turmoil

The delisting of the LUNC comes hours after Terraform Labs filed for Chapter 11 bankruptcy protection in the US and the ensuing LUNC price drop has fueled a dilemma among holders, torn between selling their holdings and awaiting official confirmation from Crypto.com.

LUNC price chart

However, concerns about phishing scams have also heightened as no official announcement was made on the exchange’s website or social media channels.

Despite inquiries from the Terra Luna Classic community, Crypto.com’s response to the delisting confirmation has left many questions unanswered. While acknowledging the news as valid, the exchange provided limited details, leaving investors in the dark about the extent of the impact and the jurisdictions affected. The absence of an official announcement on Crypto.com’s official channels has added to the fear, uncertainty, and doubt (FUD) surrounding LUNC and LUNA prices. Investors are now eagerly anticipating clear communication from the exchange’s executives.

Although Terraform Labs, associated with Terra Classic, filing for bankruptcy protection in Delaware is thought to add to the complexities, the company expresses its commitment to continue working on its goals while navigating legal hurdles.

Nonetheless, the broader selloff in the market further compounds challenges for Terra Luna Classic, raising questions about the project’s future amid a dynamic and challenging environment.

The post Crypto.Com confirms Terra Luna Classic (LUNC) delisting appeared first on CoinJournal.