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ZigZag founder: ZKasino’s income was fraudulent, and its founder was responsible for most of the investor’s financial losses

zkSync founder of DEX ZigZag Kedar revealed through the project's official account on the X platform that the decentralized betting platform ZKasino has falsified most of its income. Users are advised to be cautious when participating in their ICO activities.

CoinGecko: 48 hours after BOME launch, CEX and DEX trading volume has exceeded $1 billion

CoinGecko monitoring shows that Book of Meme (BOME) has risen to the 138th place in market value in just over 48 hours since its launch, with a trading volume of over $1 billion on CEX and DEX.

BOME breaks through $0.012 and continues to reach new all-time highs

According to market data, BOME has broken through 0.011 USD and is currently trading at 0.0112 USD, with a 24-hour increase of 403%, and the price continues to hit new highs. The market fluctuation is significant, so please be prepared for risk control.

A trader made a profit of $4.3 million using BOME in the past 2 days

Lookonchain monitoring shows that within 2 hours of BOME opening, a certain trader spent 3,505 SOL (645,000 USD) to buy 532.45 million BOME, and sold all of them 10 hours ago at a price of 26,933 SOL (4.95 million USD). They earned 23,428 SOL, worth 4.3 million USD, in just 2 days.

Cryptocurrency concept stocks fell, with MicroStrategy falling more than 4%

The three major US stock indices opened lower collectively, with the Dow Jones falling 0.26%, the Nasdaq falling 0.51%, and the S&P 500 falling 0.59%. Bitcoin once fell below $66,000, and stocks related to cryptocurrency fell across the board, with MicroStrategy falling more than 4%, and Coinbase and Marathon Digital falling more than 3%.

The total market value of cryptocurrency exceeded 2.9 trillion US dollars, and BTC’s market share reached 49.7%

Data shows that the current total market value of cryptocurrencies has exceeded $2.9 trillion, currently at $2.908 trillion, with a 24-hour trading volume of $200.1092 billion. Currently, the market value of BTC is $1.445832 trillion, with a market share of 49.7%, and the market value of ETH is $489.4425 billion, with a market share of 16.8%.

Low volatility and leverage in the options and futures markets suggest recent price increases are being driven by demand in the spot market

The lower volatility and leverage in the options and futures markets suggest that Bitcoin's breakthrough of $70,000 on Friday was more driven by demand in the spot market. Retail investors tend to buy tokens in the spot market rather than using derivatives that help increase leverage. Luke Nolan, research assistant at cryptocurrency asset management company CoinShares, said that the current rise in Bitcoin prices seems to be more driven by the spot market as it is "healthier" and has lower leverage than on Tuesday.

Jiang Fan, deputy to the National People’s Congress, suggested that the virtual currency disposal system involved in the case needs to be improved urgently.

Jiang Fan, a member of the National People's Congress and chairman of the board of directors of Hunan Renhe Law Firm, said in an interview with the Legal Daily that the disposal of virtual currency has become a key and difficult issue in judicial practice. He suggested amending the relevant provisions of the Criminal Procedure Law of the People's Republic of China to further improve the disposal system for virtual currency involved in cases.

Total cryptocurrency market capitalization exceeds $2.7 trillion

Data shows the current total market value of cryptocurrencies has surpassed $2.7 trillion, currently at $2,701,361,885,427, with a 24-hour trading volume of $217,452,172,792. Currently, the market value of BTC is $1,326,937,600,864, and the market value of ETH is $475,196,028,690.

Skybridge founder: Biden’s insistence on rule of law expected to speed up cryptocurrency regulation

Skybridge founder and managing partner Anthony Scaramucci stated that US President Joe Biden has had a positive impact on cryptocurrency and financial markets. Biden's commitment to the rule of law is expected to accelerate cryptocurrency regulation and provide a stable legal framework. While these regulations may not satisfy everyone, clear guidance will provide a solid foundation for legal arguments in court.