### Illegal Crypto ATM Charges in London

**Habibur Rahman**, a 37-year-old individual, has been charged by **Kent Police** for operating an **illegal cryptocurrency ATM** at the **Gadcet mobile phone shop** in London. According to reports, he failed to register the machine with the **Financial Conduct Authority (FCA)**.

Authorities have also accused Rahman of **laundering approximately $394,950** in cash derived from criminal activities through this ATM. Notably, there are currently **no cryptocurrency ATMs** registered with the FCA in the UK.

The FCA has been on a **crackdown** against unregistered bitcoin ATMs since 2023, executing several raids and seizing multiple machines in the process.

Habibur Rahman, 37 has been charged by Kent Police of operating an illegal cryptocurrency ATM in London at the Gadcet mobile phone shop. He was charged with failing to register the machine with the Financial Conduct Authority, according to a…

Illegal Crypto ATM Operations in London: What You Need to Know

### El Salvador's Vision for 2025

In a groundbreaking announcement, **President Nayib Bukele** of El Salvador is set to present a **debt-free budget for the year 2025**. This unprecedented approach aims to reshape the nation's fiscal landscape, potentially setting a new standard for economic management in the region.

### What Does a Debt-Free Budget Mean?

A **debt-free budget** signifies that the government plans to operate without accruing new debt, focusing instead on balancing its expenditures with its revenues. This strategy could foster **economic stability** and **financial independence**, especially in a country that has faced significant economic challenges in the past.

### The Impact of Bitcoin

El Salvador has made headlines for adopting **Bitcoin as legal tender**, and this bold move has been met with mixed reactions. The integration of cryptocurrency into the economy is expected to play a crucial role in achieving this debt-free status, as it could enhance **financial inclusion** and attract foreign investment.

### A New Chapter for El Salvador

As the world watches, Bukele’s administration is paving the way for a **revolutionary economic model** that could inspire other nations. The focus on a debt-free budget aligns with the broader goals of enhancing economic resilience and fostering growth in a post-pandemic world.

Stay tuned for more updates on this developing story!

Comprehensive up-to-date news coverage, aggregated from sources all over the world by Google News.

Nayib Bukele's Bold Move: El Salvador to Unveil a Debt-Free Budget for 2025!

### Bitcoin's Technical Analysis Signals Explosive Growth

Bitcoin’s **technical analysis** is indicating a potential **explosive move** above **$150,000**. Current price actions are revealing various **bullish patterns** across multiple timeframes, stirring excitement among analysts regarding the cryptocurrency’s future.

### The Bullish Pennant Formation

A significant **bullish pennant** pattern is observed on the **monthly timeframe**, suggesting Bitcoin could be gearing up for a **move towards $158,000**. This pattern, identified by crypto analyst **Titan of Crypto**, reflects a consolidation phase characterized by lower highs, forming a clear pennant shape.

### Momentum Building for a Breakout

The “pole” of this pattern was established through a **strong rally** in **Q4 2023**, culminating in a new all-time high in **March 2024**. If Bitcoin successfully breaks out of this pattern to the upside, it could lead to another **prolonged rally**. Titan of Crypto estimates that a breakout could push Bitcoin to **$158,000 by May 2025**, requiring a **170% increase** from current levels.

### Indicators of Bullish Sentiment

Recent analyses show that Bitcoin has reclaimed key indicators such as the **Tenkan and Kijun** in the **Ichimoku Cloud** system. The **Relative Strength Index (RSI)** has also broken through a multi-month resistance, indicating growing buying pressure. Currently, Bitcoin is trading at **$58,827**, having experienced a slight dip of **2.3%** in the last 24 hours.

### Current Market Status

Despite the recent downturn below the **$60,000** level, this price point remains crucial for Bitcoin's momentum. As the market watches closely, a confirmation of the breakout could lead to renewed bullish momentum in the coming days.

![Bitcoin price chart from Tradingview.com](https://www.tradingview.com/x/6TYfDd0U/)
*BTC price reclaims $59,000 | Source: [BTCUSD on Tradingview.com](http://Tradingview.com)*

Bitcoin's technical analysis is setting up the stage for an explosive move above $150,000 with price action flashing various patterns on the charts.

Is Bitcoin Ready to Soar? Analysts Predict a $158,000 Target with Bullish Patterns Emerging!

### Current Ethereum Price
The price of **Ethereum** (ETH) is currently trading at **$2,307.67** as of 8 a.m. ET, reflecting a **4.12% decline** today and a **3% drop year to date**. 

### Ethereum Price Chart
*The return comparisons are as of 8 a.m. ET.* 
Ethereum, launched in **2015**, has become the most popular altcoin, with a **52-week intraday high** of **$4,088.00** on **March 12, 2024**, and a **52-week low** of **$1,520.00** on **October 12, 2023**. Its market capitalization currently stands at **$277.70 billion**, up **42% year over year**.

### Ethereum Market Cap
Ethereum's market cap is second only to **Bitcoin**, and together, they represent **70%** of the entire cryptocurrency market. Noteworthy competitors include Solana at **$77.12 billion**, XRP at **$57.10 billion**, and **DOGE** at **$14.84 billion**. 

### What is Ethereum?
Ethereum operates as a **blockchain-based network** facilitating secure, decentralized financial transactions, with its native cryptocurrency being **Ether**. Its **programmable blockchain** allows users to verify and execute code via **smart contracts**. Unlike Bitcoin, Ethereum supports a wide range of applications, including **decentralized finance** and **non-fungible tokens (NFTs)**.

### Ethereum Gas Prices
Users pay **gas fees** to process transactions or utilize smart contracts, measured in **gwei**, which represents one billionth of one ETH.

### Historical Price Trends
- **2015-2020**: Launched in July 2015, Ethereum saw its all-time low of **42 cents** in October 2015. It reached **$1,000** for the first time in January 2018.
- **2021-2024**: Ethereum peaked at **$4,891.70** in November 2021 before facing declines due to market conditions. In 2023, optimism returned, leading to a rally into 2024, despite a sharp drop in August 2024.

### Comparison with Bitcoin
Since its inception, both Ethereum and Bitcoin have exhibited significant growth. Ethereum has increased **42% year over year**, while Bitcoin has seen a **121% gain**.

### How to Buy Ethereum
You can purchase ETH on various crypto exchanges like **Binance**, **Coinbase**, and **Kraken**, as well as through payment apps like **Venmo** and **PayPal**. 

### Storing Ethereum
To store ETH, you must use a **cryptocurrency wallet**, which can be **hardware** or **software-based**. 

### Ethereum ETFs
Investors can also speculate on Ethereum through **ETFs**. The SEC approved several **Ethereum futures ETFs** in late 2023, allowing indirect investment.

### FAQs
- **Does Ethereum generate earnings?** No, its price is determined entirely by supply and demand.
- **Is mining still necessary?** No, Ethereum has transitioned to a **proof-of-stake** model, eliminating the need for mining but allowing staking.


The price of ethereum, or 1 ETH, traded at $2,307.67, as of 8 a.m. ET. That’s down -3% year to date.

Ethereum Price Update: What You Need to Know as ETH Dips 4.12% Today

### Key Updates on the 2024 Election Campaigns

- **Donald Trump**, the former President, faced an **apparent assassination attempt** recently, with a suspect now in custody.
- Tonight, Trump is expected to join **X Spaces** for the launch of his digital currency venture, **World Liberty Financial**. He stated, "We're embracing the future with crypto and leaving the slow and outdated big banks behind."

### Vice President Kamala Harris's Engagement
- **Kamala Harris** is scheduled to meet with members of the **International Brotherhood of Teamsters** today, focusing on issues that matter to working people.
- Harris's campaign is actively engaging with voters as the election approaches.

### Campaign Activities in Georgia
- Trump’s running mate, **Sen. JD Vance**, will attend a **Faith and Freedom Coalition dinner** in Georgia, while Minnesota Gov. **Tim Walz** is also in the state for campaign events.

![Donald Trump at a campaign rally](https://media-cldnry.s-nbcnews.com/image/upload/t_fit-560w,f_auto,q_auto:best/rockcms/2024-09/240915-donald-trump-vl-433p-64a2e1.jpg)
*Donald Trump, pictured at a campaign rally in Arizona last month, is expected to launch a digital currency project this evening.*

### What’s Next?
Stay tuned for more updates as the campaigns heat up ahead of the **November presidential election**. Both parties are strategizing to connect with voters and address key issues, including economic concerns and voter engagement.

The latest news and live updates on the 2024 election. Follow the Trump-Vance and Harris-Walz campaigns ahead of the presidential election in November.

Trump's Bold Move into Cryptocurrency: What You Need to Know!

### North Korean Threat Actors Target Cryptocurrency Users

Cybersecurity researchers are raising alarms about **North Korean threat actors** using **LinkedIn** as a platform to spread **RustDoor malware**. The recent advisory from **Jamf Threat Labs** highlights an attack where a user was approached by someone posing as a recruiter for a legitimate decentralized cryptocurrency exchange, **STON.fi**.

![RustDoor Malware](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgMpF5rba8-SS0l3whfpajn8Yer55Vebq3pT85ohjYqTIPLqvN2_sROCYdIR20V8-4A03uqcVjJHxq6DtBBTtRlO-Yl4buRGTD_c-jlezgjYeyZApqa3ol-xf1XxcXr8Dsi6RVH6bs0I_5A6tvIWiV7SHWQDH8DPojvGpCVwzSFZ1bcoIHI61dADRerfGc0/s728-rw-e365/linkedin.png)

### Multi-Pronged Campaign
This activity is part of a broader campaign by actors backed by the **Democratic People's Republic of Korea (DPRK)**, targeting networks of interest under the guise of conducting interviews or coding assignments. The **financial and cryptocurrency sectors** are prime targets for these state-sponsored adversaries, seeking to generate illicit revenues.

### Sophisticated Social Engineering Tactics
These attacks employ **highly tailored social engineering campaigns** aimed at employees in decentralized finance (**DeFi**) and cryptocurrency sectors. The **FBI** has also issued warnings about these tactics, which often involve requests for executing code or downloading apps on company devices.

### RustDoor Malware Analysis
The latest attack chain involves tricking victims into downloading a malicious **Visual Studio project** as part of a supposed coding challenge. This project contains bash commands to download two second-stage payloads: **VisualStudioHelper** and **zsh_env**, both with similar functionalities. The malware, **RustDoor**, is a macOS backdoor first identified in early 2024.

### Conclusion
Researchers emphasize the importance of training employees, especially developers, to be cautious about unsolicited connections on social media and requests to run software. The DPRK's social engineering schemes are executed by individuals proficient in English, who meticulously research their targets before initiating contact.

North Korean threat actors are using LinkedIn to spread RustDoor malware, targeting professionals in the crypto sector.

Beware: North Korean Hackers Target Crypto Professionals on LinkedIn with RustDoor Malware!

Michael Saylor predicts that **Bitcoin** is far from reaching its full potential.

Few individuals have become such vocal advocates for **Bitcoin** (BTC) as **Michael Saylor**, CEO of **MicroStrategy** (NASDAQ: MSTR). As a self-proclaimed Bitcoin evangelist, Saylor's belief in the cryptocurrency is so strong that his company has shifted its strategy to replace cash reserves with Bitcoin.

To many, this decision appears bold, even risky, but Saylor's recent interview with CNBC sheds light on his rationale. He projects that one day Bitcoin could be worth **$13 million per coin**, an extraordinary **22,000% increase** from today's prices. Here's why Saylor believes Bitcoin has the potential to reach such astronomical heights, and whether his prediction holds water.

![Person at desk looking at computer with shocked expression.](https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F790736%2Fgettyimages-1130771144.jpg&amp;op=resize&amp;w=700)

### Breaking down Michael Saylor's vision

Michael Saylor is no stranger to Bitcoin predictions, but on CNBC's *Squawk Box*, he made perhaps his most daring forecast yet: Bitcoin could skyrocket to **$13 million per coin** by the year **2045**. While this might seem like an outlandish claim to some, Saylor's conviction is rooted in more than just wishful thinking.

He believes that Bitcoin's key features and fundamentals, such as its **scarcity**, **decentralization**, and growing **institutional interest**, will drive its price upward over the long term. According to Saylor, Bitcoin currently makes up about **0.1% of global capital** but could eventually capture up to **7%**, a dramatic shift that he sees as inevitable.

At the core of Saylor's argument is the idea that Bitcoin is actually safer than traditional financial assets. Its decentralized nature and lack of central authority make it immune to the manipulation or debasement that can affect **fiat currencies**. Unlike government-backed currencies, policy decisions cannot inflate or devalue Bitcoin.

This decentralization, combined with Bitcoin's fixed supply of **21 million coins**, ensures that it retains its value over time. This makes it, in Saylor's view, the ultimate **safe haven** for investors seeking protection from economic instability and **inflation**. Demand will only increase as more entities recognize its benefits, pushing its price to unprecedented levels.

### MicroStrategy's bold Bitcoin plan

Saylor's faith in Bitcoin is not just talk -- it's evident in MicroStrategy's actions. Since 2020, MicroStrategy has acquired more than **244,000 bitcoins**, representing more than **1% of the entire supply**. With nearly **$10 billion invested**, MicroStrategy is pioneering what Saylor calls the "Bitcoin standard" and is already starting to see its **investment pay off**. Bitcoin has outperformed the **S&P 500** and most major assets, delivering an impressive **44% annual return** on average.

Saylor believes MicroStrategy's decision to ditch cash will be one every other person and company eventually has to face as Bitcoin solidifies itself as the supreme currency. He suggests that as time passes, even governments may adopt Bitcoin in a similar fashion to hedge against economic uncertainties and currency depreciation. In his view, Bitcoin is not just another asset; it's the **"apex predator" of finance**.

### Tempering expectations: Is $13 million realistic?

While Michael Saylor might not be wrong in believing that Bitcoin is superior to other assets, it doesn't take away from the fact that his prediction of Bitcoin reaching **$13 million** is audacious. However, to his credit and as skeptical as one might be, it is difficult to dismiss that Bitcoin has had a remarkable rise since its inception and has regularly defied expectations.

From a niche digital currency to a global financial phenomenon, Bitcoin's journey has been nothing short of remarkable. As society grows more technologically adept with younger generations coming of age and increasingly attuned to the benefits of **digital currencies**, Bitcoin's role in the financial ecosystem seems poised to expand.

When considering the current economic landscape -- dominated by inflated fiat currencies, rising government deficits, and delicate geopolitical tensions -- there is a strong case to be made for Bitcoin as a hedge against uncertainty. Its decentralized structure and fixed supply make it an appealing alternative to traditional financial systems, especially in times of economic turmoil. Not to mention, with institutional investors **starting to pile in**, Bitcoin's adoption could accelerate even further.

### The road ahead

As to whether Bitcoin will hit **$13 million per coin** by **2045**, only time will tell. However, Saylor's belief in Bitcoin's long-term potential is not entirely unfounded. The cryptocurrency's unique qualities suggest that its value could continue to rise over the coming years. While it may be too soon to predict such an astronomical price, what is clear is that Bitcoin has proven itself as a **resilient and revolutionary asset**.

At its current price of around **$60,000**, Bitcoin still offers considerable room for growth, especially if Saylor's vision for widespread adoption comes to fruition. Investors should remain optimistic but cautious, always considering the inherent risks of the market. But if history is any guide, Bitcoin's best days could very well still lie ahead.

Michael Saylor predicts that Bitcoin is far from reaching its full potential.

Billionaire Michael Saylor Predicts Bitcoin Could Skyrocket to $13 Million: Is It Possible?

Despite recent **market fluctuations**, Bitcoin has shown resilience, and analysts are bullish about its potential for a **significant rally** in the coming weeks. 

### Upcoming Weeks Could Be Great For Bitcoin
As the market continues to shift, **popular market expert Rekt Capital** has predicted an exciting period ahead for Bitcoin. His analysis suggests that BTC is on the verge of a major rally, primarily due to **strong accumulation trends** and historical price movements. 

According to Rekt Capital, BTC might soon emerge from its current **consolidation phase**, with **historical data** indicating a likely breakout in the next few weeks. He emphasized that the upcoming weeks could be “very exciting” for Bitcoin as the market stabilizes. 

![Exciting weeks ahead for Bitcoin](https://bitcoinist.com/wp-content/uploads/2024/09/Bitcoin-chart-from-Rekt-Capital.jpg?resize=595%2C420)
*Source: Rekt Capital on X*

### 3 Buying Points Before A Major Rally
Amidst the anticipation of a Bitcoin rally, crypto analyst **Mags** has outlined three crucial buying points for investors:  
1. Close to the **market bottom**.  
2. A few months prior to the **Halving**.  
3. Right after the **Halving**.  

Mags encourages investors to act quickly, noting that this could be the last opportunity to purchase BTC at lower prices before a potential parabolic rise.  

![BTC trading at $58,939](https://www.tradingview.com/x/wYtze30z/)
*Source: Tradingview.com*  

While optimism surrounds BTC's future, Rekt Capital cautions that further consolidation may be necessary before a breakout occurs in **October**, historically a strong month for Bitcoin. 

### Historical Performance Insights
Historically, Bitcoin tends to peak between **150 to 160 days** following a Halving event, suggesting that late September 2024 could be pivotal for BTC as it potentially breaks out of its current accumulation range. 

In summary, as analysts remain bullish on Bitcoin's prospects, the market watches closely for signs of a significant price surge, making now an exciting time for investors in the crypto space.

Despite the negative market trends, several analysts are still bullish about Bitcoin, predicting a notable rally in the upcoming weeks.

Illegal Crypto ATM Operations in London: What You Need to Know

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Illegal Crypto ATM Charges in London

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Other Latest News

Nayib Bukele's Bold Move: El Salvador to Unveil a Debt-Free Budget for 2025!

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Trump's Bold Move into Cryptocurrency: What You Need to Know!

Beware: North Korean Hackers Target Crypto Professionals on LinkedIn with RustDoor Malware!

Billionaire Michael Saylor Predicts Bitcoin Could Skyrocket to $13 Million: Is It Possible?

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Ethereum Price Update: What You Need to Know as ETH Dips 4.12% Today

Trump's Bold Move into Cryptocurrency: What You Need to Know!

Beware: North Korean Hackers Target Crypto Professionals on LinkedIn with RustDoor Malware!

Billionaire Michael Saylor Predicts Bitcoin Could Skyrocket to $13 Million: Is It Possible?

Is a Bitcoin Surge on the Horizon? Experts Predict Thrilling Weeks Ahead for BTC!