PANews reported on May 3 that, according to Lianhe Zaobao, the Singapore Police Force issued an announcement on Thursday, saying that it received a notification at about 2 a.m. on April 18 that an armed robbery occurred in a residential unit in King Albert Park, where more than four men robbed 11 victims aged 25 to 45, with a total value of about S$4.34 million. Six of the victims, aged between 28 and 35, were robbed of about $215,300 in cash, Crypto Assets worth about $3,584,923, a Richardmill watch worth about $320,000, two Rolex watches worth about $55,000 each, and Ferrari car keys worth about $400. It is reported that the 11 people who were robbed should have known each other and were gathering in the house at the time of the incident. In addition, there is information that several of the victims were professional poker players and have international rankings. It is not ruled out at the moment that they were playing poker at the time.

The Singapore Police Force (SPF) said in a statement on Thursday that police received a notification at 2am on April 18 of an armed robbery at a residential unit in King Albert Park, Bukit Timah, in which at least four men robbed 11 victims between the ages of 25 and 45. The victims were robbed of various valuables, including Singapore and foreign coins, Crypto Assets and luxury brand watches, with a total value of about S$4.34 million. As of press time, two men involved in the case, aged 28 and 32, were arrested in Malaysia on April 27 and 28. The two men involved were extradited back to Singapore on April 30. The Singapore Police are working closely with Malaysia to trace the whereabouts of the other suspects. The two men will be charged under sections 395 and 397 (armed robbery by conspiracy) of the Penal Code and can be sentenced to up to 20 years in prison and up to 24 strokes of the cane in long. The investigation of the case is ongoing. (Lianhe Zaobao)

IntoTheBlock Shows 63.9% of Ethereum Holders Are Profitable According to data from IntoTheBlock, a larger percentage of Ethereum (ETH) holders recorded significant gains during the recent market rally. Although short-lived, the market recovery in July favored multiple crypto tokens, including ethereum (ETH). Therefore, the holder of the second largest crypto asset is one of those who profited from the early investment. According to the data, 63.94% of ETH holders are currently in profit. This shows that the 63.17 million addresses holding ETH have earned a solid ROI as ETH remains above $1,800. 31.69% of ETH holders are currently counting losses. This shows that the 31.31 million addresses holding ETH have a negative ROI. The on-chain data analytics platform further revealed some key potential resistance and support levels for ETH. Notably, ETH is one of the best performing currencies in the cryptocurrency market. Large-cap assets, in particular, have maintained a bullish trend over the past eight months. Recall that last November ETH fell to $1,073. This price level marked the bottom of the asset's long-term bearish run over the past year. It also represents the start of a multi-month bullish trendline for the asset. ETH rose above $2,140 in early April as some investors steadily accumulated the token. But the price fell to $1,626 in June as traders took profits heavily. During the market rally around mid-July, ETH surged above $2,000 as Ripple scored a partial victory in the SEC lawsuit. Regardless, ETH has yet to break below the bullish trendline on the ETH/USDT one-day chart. While the chart pattern points to further gains, its one-day frame relative strength index (41) shows declining buying pressure. The asset is currently trading at $1,826, although ETH proponents are hoping for another rally. It was down 2.25% over the past 24 hours, compared to a 0.08% gain in the last seven days, the data showed. (Data source: ALBERT BROWN)

Bitcoin dips below $30,000 ahead of possible Fed rate hike while DOGE surges 7% as whales accumulate 3 billion DOGE in past three weeks Bitcoin ( BTC ) briefly hovered below $30,000 early Wednesday as investors waited for a possible resumption of rate hikes by the Federal Reserve. Dogecoin ( DOGE ) surged 7% amid optimism about what Elon Musk's latest tweet on Twitter means for the MEME coin. About a month ago, financial giant BlackRock's application for a bitcoin ETF sparked speculation that bitcoin could divert large sums of money from traditional investors if the world's largest asset manager wins regulatory approval. Moved to digital assets, after which the price of Bitcoin soared above $30,000. But it has hovered around that level since then, partly because of concerns about the Fed's imminent decision on July 26 - a possible 25 basis point (bps) hike. DOGE recently breached $0.08, a level it hadn't breached since April until Monday. Prices soared Tuesday after a report suggested billionaire Elon Musk's brazen overhaul of Twitter (now known as X) could expand the use of the popular memecoin and other cryptocurrencies. Even before acquiring Twitter, Musk had expressed interest in DOGE, making various statements that pushed the token's price up. Brian D. Evans, CEO and founder of Web3 venture capital studio and advisory firm BDE Ventures, told CoinDesk: “Elon is clearly interested in DOGE, and it’s almost a rumor part of the long-running joke, but I wouldn't be surprised if he actually paid through DOGE." Cryptocurrency market watcher Ali Martinez has called attention to the descending triangle forming on Dogecoin’s weekly chart. As shown in Figure 2. However, the fascinating part of the analyst's disclosure is that the last DOGE faced this multi-year descending triangle, and it bounced back by an astronomical 23,200%. The recent volatility has raised questions about the asset's ability to spark a similar rally. Meanwhile, whales holding between 1 billion and 10 billion DOGE have amassed 3 billion tokens worth $225 million over the past three weeks. As shown in Figure 3. This accumulation pattern further strengthens hopes of a possible breakout of the descending triangle. However, the magnitude of the rebound after DOGE breakout remains to be seen. Some investors feel that the increase in the circulating supply of DOGE has hindered this rally. Impressively, Dogecoin has gained more than 31% over the past seven weeks, closing higher in six of the seven weeks. Despite this bullish momentum, DOGE is still trading below its 50-day SMA ($0.0823) and 200-day SMA ($0.8684). The asset changed hands at $0.0773. (Data source: James Rubin, ALBERT BROWN)

Odaily Planet Daily News El Salvador is building an airport for its Bitcoin City (Bitcoin City) project. About a month ago, YouTuber Albert Sánchez uploaded aerial footage of what he claimed were construction workers working on the site. The airport will be called Pacífico Airport and will also be called Bitcoin City Airport. According to Criptonoticias and domestic media, the construction of the airport will “go hand in hand with the construction of Bitcoin City.” In the city-building project, El Salvador will build a site at the foot of the volcano, and geothermal power will be used to power the city and mine bitcoins. The government of El Salvador first unveiled the plan in late 2021, saying Bitcoin City would allow its residents to conduct tax-free businesses in the country, where bitcoin has legal tender status. (Cryptonews)