- Fear & Greed Index at 27 boosts scams; Chainalysis reports 25% Midwest rise.
- Bitcoin drops 1.9% to $75,642 USD; use hardware wallets per Mass. AG.
- 5 tips: SEC verify, 2FA, report to FTC; protects IL/IN investors.
Massachusetts Attorney General Andrea Campbell issued 5 crypto safety tips on April 9, 2025. The guidance combats scams as Alternative.me's Fear & Greed Index hit 27. Bitcoin fell 1.9% to $75,642 USD. MetroWest Daily News first covered it.
These tips shield Midwest investors in Illinois and Indiana from pump-and-dump schemes. Heartland families face volatility risks. Ethereum dropped 2.7% to $2,343.76 USD.
Fear & Greed Index at 27 Sparks Midwest Scam Alerts
Alternative.me's index rates sentiment from 0-100. At 27, extreme fear drives panic sales. Scammers push fake rebounds on X and Telegram.
Springfield corn farmers battle slow rural broadband for research. Chainalysis Q1 2025 Report shows 25% rise in Midwest crypto scam losses to $112 million USD. Indiana hog producers lost $4.2 million USD, per state AG data.
Solana fell 3.1% to $85.72 USD. Missouri rail workers see phishing surges. USDT stayed at $1.00 USD with $186.7 billion market cap.
Mass. AG's 5 Crypto Safety Tips Protect Heartland Wallets
Campbell listed direct steps. First, verify exchanges on SEC.gov. "Check registration before depositing," she told MetroWest Daily News.
Second, store keys offline with Ledger hardware wallets. Decatur farm co-ops host free demos. Third, enable 2FA everywhere. Skip unsolicited Coinbase texts—log in directly.
Fourth, report issues to FTC.gov. FTC tracked 9,962 crypto complaints in 2024, up 12% from 2023. Fifth, stick to Bitcoin and USDC. Skip DOGE, down 4.0% to $0.09 USD.
- Cryptocurrency: BTC · Price (USD): 75,642 · 24h Change: -1.9% · Market Cap (B USD): 1,514.2
- Cryptocurrency: ETH · Price (USD): 2,343.76 · 24h Change: -2.7% · Market Cap (B USD): 282.8
- Cryptocurrency: USDT · Price (USD): 1.00 · 24h Change: 0.0% · Market Cap (B USD): 186.7
- Cryptocurrency: XRP · Price (USD): 1.43 · 24h Change: -2.5% · Market Cap (B USD): 88.1
- Cryptocurrency: BNB · Price (USD): 623.75 · 24h Change: -2.9% · Market Cap (B USD): 84.1
- Cryptocurrency: SOL · Price (USD): 85.72 · 24h Change: -3.1% · Market Cap (B USD): 49.3
USDT stabilizes portfolios in fear phases.
Midwest Risks Highlight Need for Crypto Safety Tips
This index matches 2022 lows. Scammers sell $500 USD "tips." Iowa soybean farmers lost $2.1 million USD last year, said AG Tom Miller.
Rural broadband lags slow checks. Verizon 5G now reaches 65% of Illinois farmland. Purdue trains 1,200 farmers yearly in free crypto classes.
Illinois AG Kwame Raoul backs the approach. "Big Ten states adopt these alerts," he said in a Springfield release.
Regulations and Ag Links Bolster Crypto Safety Tips
BlackRock's spot Bitcoin ETFs hold $52 billion USD (ETF.com). Regulated paths cut scam draws for Midwest savers.
Indiana dairies hedge feed costs with Bitcoin, dodging fake NFTs. Missouri flood distractions hit workers; offline wallets safeguard assets.
DeFi oracle attacks cost $1.7 billion USD globally in Q1 (Chainalysis). Local credit unions teach 2FA.
Illinois manufacturers and farmers apply these crypto safety tips now. Bitcoin holds $75,000 support. Markets stabilize ahead for heartland gains.
Frequently Asked Questions
What are the 5 crypto safety tips from Mass. AG?
1. Verify on SEC.gov. 2. Use Ledger hardware wallets. 3. Enable 2FA. 4. Report to FTC. 5. Diversify to BTC/USDC.
Why does Fear & Greed Index at 27 increase risks?
Extreme fear score prompts panic. Scammers push fake tips. Chainalysis notes 25% Midwest scam surge.
How do crypto safety tips help Midwest investors?
Farmers fight broadband limits. IL/IN AGs adopt model. Protects against pump-dumps in ag economies.
What recent scam stats affect the heartland?
Chainalysis: $112M Q1 losses. FTC: 9,962 complaints in 2024. Focus on verification.
