🕵️‍♂️ A scammer stole $4M

pretending to be Coinbase support

Welcome to Crypto Wire — clear, concise, and crypto-smart.

What we’ll cover today:

📉 How Bitcoin's fall was predicted to the dollar

🟣 Polygon’s price is down, but stablecoins say otherwise

🕵️‍♂️ A scammer stole $4M pretending to be Coinbase support

Source : Adobe Stock

Bitcoin took a nosedive, but it wasn’t a surprise for chart nerds. Traders predicted the fall at exactly $108,900.

🚨 Breaking News:
BTC dropped after getting rejected at a key resistance level, just like the charts warned. Welcome to predictable chaos.

⚡ Wire Simplified:

  • $108,900 was a cluster of red flags: Fibonacci level, bearish block, and swing high

  • BTC got rejected to the dollar at this resistance and dropped hard

  • It dipped below $98K, hitting a liquidity zone (aka trapdoor)

  • Focus is now on the $103,700 CME gap, historically gets filled

  • Still no signs of a bullish reversal. Just vibes and Fibonacci

✔️ Straight to the Point:
BTC didn’t crash randomly. It hit textbook resistance and fell. Until structure flips, bulls may want to chill.

🎯 Did this BTC move surprise you?

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Source : Shutterstock

Polygon (POL) is falling fast, but its stablecoin ecosystem is booming. The chain’s in a strange spot, weak price, strong usage.

🚨 Breaking News:
POL hit its lowest price since April, while stablecoin transactions on the network surged 44% in the same month.

⚡ Wire Simplified:

  • POL is down 77% from December highs. Ouch

  • Base and Arbitrum are eating its lunch in DEX volumes

  • But stablecoin volume jumped 35% to $52B on Polygon

  • 81.1M stablecoin transactions in 30 days, mostly via Binance and Polymarket

  • A double-bottom pattern is forming, could be a bounce or a breakdown

✔️ Straight to the Point:
Polygon’s price may be ugly, but under the hood, it’s still buzzing. Don’t count it out just yet.

💸 Do stablecoins make a network stronger long term?

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Source : Shutterstock

A scammer from NYC used fake Coinbase calls to steal $4M, then showed off his Rolex on social media like a Bond villain.

🚨 Breaking News:
ZachXBT exposed “Daytwo” who ran a phone scam pretending to be Coinbase. Victims gave up wallet access. $4M gone.

⚡ Wire Simplified:

  • Scammer posed as Coinbase support, tricked users into fake wallet setups

  • Used real calls and Discord to record victims handing over access

  • Spent stolen funds on Roobet bets and luxury items

  • Didn’t hide, showed face and discussed laundering plans in calls

  • Tied to 30+ thefts. Got sloppy. Got caught

✔️ Straight to the Point:
This scammer ran a full fake call center. Reminder: crypto risk isn’t just tech, it’s people. Never share your seed phrase.

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Disclaimer:

This newsletter is for educational purposes and not intended as financial advice. Make your own investment decisions based on thorough research. Stay informed and cautious in the ever-changing crypto market.

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