Forwarded from 🔥Crypto News - Crypto World
As we have already written earlier, in this case the project is supported by trustworthy investors and partners, which is important nowadays.
You can see more details here
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Forwarded from 🔥Crypto News - Crypto World
Like the fact that the project combines advanced blockchain and encryption technologies.
In the meantime, we are waiting for accurate drop and listing information:
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Forwarded from 😎Crypto Vestor - Crypto Trends
The meeting will take place on Monday in Washington, D.C., and it could mark a new starting point in regulating the crypto industry.
It was previously reported that Harris' campaign team has reached out to Coinbase, Circle and Ripple Labs to discuss creating a regulatory framework for the crypto industry.
#Harris #Ripple
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Forwarded from 🔥Crypto News - Crypto World
The number of active users is only growing, which can't help but please.
Here are the most interesting things
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Genesis has begun distributing approximately $4 billion among creditors
The collapsed crypto lender Genesis has completed its restructuring process and has begun distributing digital assets and funds amounting to approximately $4 billion among its creditors.
According to a press release, Genesis does not intend to limit compensation to the value of assets at the date of the bankruptcy filing. On average, clients will receive 64% of their claims in-kind during the initial distribution, although the final amount depends on the specific asset.
Creditors holding Bitcoin will receive 51.28% compensation. Clients expecting Ethereum will get back 65.87% of their assets.
Furthermore, as part of the restructuring, the company is…
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bybit | bingx | okx | Trading Academy💰 | its-crypto.com
The collapsed crypto lender Genesis has completed its restructuring process and has begun distributing digital assets and funds amounting to approximately $4 billion among its creditors.
According to a press release, Genesis does not intend to limit compensation to the value of assets at the date of the bankruptcy filing. On average, clients will receive 64% of their claims in-kind during the initial distribution, although the final amount depends on the specific asset.
Creditors holding Bitcoin will receive 51.28% compensation. Clients expecting Ethereum will get back 65.87% of their assets.
Furthermore, as part of the restructuring, the company is…
👉 Read More
bybit | bingx | okx | Trading Academy💰 | its-crypto.com
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Forwarded from 🔥Crypto News - Crypto World
And while there is still time to get into the project, you should take this chance.
This is the place to start
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Forwarded from 🔥Crypto News - Crypto World
Over 84,000 BTC. Glassnode analysts report.
The last time such a figure was recorded in 2015, when the price of BTC was about $220.
#BTC
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DYOR and Its Importance for the Crypto Community
Stable Unpredictability
The cryptocurrency market is known for its volatility and often surprises even seasoned investors. In 2023, more than half (59.35%) of the tokens tracked on CoinMarketCap were abandoned by developers. Before investing in a new project, it is essential to reduce uncertainty by conducting your own research (DYOR).
Fundamental Analysis (FA)
FA in the cryptocurrency market differs from traditional financial markets. It is crucial to consider factors such as tokenomics, the project team, use cases, and community activity. Unlike stocks, where financial reports are analyzed, different factors take precedence in the crypto industry.…
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bybit | bingx | okx | Trading Academy💰 | its-crypto.com
Stable Unpredictability
The cryptocurrency market is known for its volatility and often surprises even seasoned investors. In 2023, more than half (59.35%) of the tokens tracked on CoinMarketCap were abandoned by developers. Before investing in a new project, it is essential to reduce uncertainty by conducting your own research (DYOR).
Fundamental Analysis (FA)
FA in the cryptocurrency market differs from traditional financial markets. It is crucial to consider factors such as tokenomics, the project team, use cases, and community activity. Unlike stocks, where financial reports are analyzed, different factors take precedence in the crypto industry.…
👉 Read More
bybit | bingx | okx | Trading Academy💰 | its-crypto.com
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NFT Scam and How to Protect Yourself
What determines the value of NFTs?
1. Uniqueness and Rarity: The more exclusive an NFT is, the higher its value. Unique artworks or rare in-game items can be highly valuable due to their limited availability.
2. Popularity and Demand: NFT prices can significantly increase if they become popular among collectors and investors.
3. Utility: In the gaming industry, the value of NFTs can depend on their functionality. Items that offer significant advantages usually cost more.
4. Market and Liquidity: In active markets with numerous buyers and sellers, prices tend to be…
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bybit | bingx | okx | Trading Academy💰 | its-crypto.com
What determines the value of NFTs?
1. Uniqueness and Rarity: The more exclusive an NFT is, the higher its value. Unique artworks or rare in-game items can be highly valuable due to their limited availability.
2. Popularity and Demand: NFT prices can significantly increase if they become popular among collectors and investors.
3. Utility: In the gaming industry, the value of NFTs can depend on their functionality. Items that offer significant advantages usually cost more.
4. Market and Liquidity: In active markets with numerous buyers and sellers, prices tend to be…
👉 Read More
bybit | bingx | okx | Trading Academy💰 | its-crypto.com
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Cryptocurrency Exchanges Identify Likely Causes of Market Crash
Representatives from Binance, Bybit, and Bitget commented on the current situation in the cryptocurrency market and the decline in prices of most assets:
- Kirill Khomyakov, top manager at Binance, noted that the drop in major indices and futures in the stock market is related to fears of a recession. He emphasized that a similar sell-off occurred in the crypto market, leading to a redistribution of capital away from high-risk assets. Khomyakov also pointed out the significant correlation between the stock market and cryptocurrencies, noting that investors are looking to reduce risks in times of economic instability.…
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bybit | bingx | okx | Trading Academy💰 | its-crypto.com
Representatives from Binance, Bybit, and Bitget commented on the current situation in the cryptocurrency market and the decline in prices of most assets:
- Kirill Khomyakov, top manager at Binance, noted that the drop in major indices and futures in the stock market is related to fears of a recession. He emphasized that a similar sell-off occurred in the crypto market, leading to a redistribution of capital away from high-risk assets. Khomyakov also pointed out the significant correlation between the stock market and cryptocurrencies, noting that investors are looking to reduce risks in times of economic instability.…
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bybit | bingx | okx | Trading Academy💰 | its-crypto.com
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Elon Musk Files New Lawsuit Against OpenAI
Billionaire Elon Musk has once again initiated legal proceedings against OpenAI, according to the New York Times.
The lawsuit alleges that the AI startup and its founders, Sam Altman and Greg Brockman, violated the company’s founding agreement by prioritizing commercial interests over the public good.
Similar accusations were made in a previous lawsuit that Musk withdrew in mid-June without explanation.
According to the statement, Altman and Brockman, along with Musk, founded OpenAI in 2015 with the aim of developing artificial intelligence for the benefit of humanity. However, it is alleged that they deviated from this mission by entering into…
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bybit | bingx | okx | Trading Academy💰 | its-crypto.com
Billionaire Elon Musk has once again initiated legal proceedings against OpenAI, according to the New York Times.
The lawsuit alleges that the AI startup and its founders, Sam Altman and Greg Brockman, violated the company’s founding agreement by prioritizing commercial interests over the public good.
Similar accusations were made in a previous lawsuit that Musk withdrew in mid-June without explanation.
According to the statement, Altman and Brockman, along with Musk, founded OpenAI in 2015 with the aim of developing artificial intelligence for the benefit of humanity. However, it is alleged that they deviated from this mission by entering into…
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August and September have traditionally been unfavorable months for Bitcoin.
Ali Martinez notes that in the past week, the value of BTC has dropped by 24%.
In 2022 and 2023, August was an unfavorable month for BTC, with declines of 13.88% and 11.2% by the end of the month.
September is also not considered a good month for Bitcoin, and Martinez does not rule out a repeat of the bearish trend this year.
He also points to an important support zone around $47,140, where nearly 900,000 addresses bought 489,000 BTC, which should act as a safety net if Bitcoin falls below $50,000.
The recent drop in BTC has led…
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bybit | bingx | okx | Trading Academy💰 | its-crypto.com
Ali Martinez notes that in the past week, the value of BTC has dropped by 24%.
In 2022 and 2023, August was an unfavorable month for BTC, with declines of 13.88% and 11.2% by the end of the month.
September is also not considered a good month for Bitcoin, and Martinez does not rule out a repeat of the bearish trend this year.
He also points to an important support zone around $47,140, where nearly 900,000 addresses bought 489,000 BTC, which should act as a safety net if Bitcoin falls below $50,000.
The recent drop in BTC has led…
👉 Read More
bybit | bingx | okx | Trading Academy💰 | its-crypto.com
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Morgan Stanley begins offering clients the opportunity to purchase Bitcoin ETFs from BlackRock and Fidelity.
This event marks an important step for the cryptocurrency market, as Morgan Stanley has always been one of the few banks consistently supporting cryptocurrencies without changing its stance.
A few years ago, Morgan Stanley opened up Bitcoin fund investments to its clients, demonstrating its commitment to innovation in the financial sector. Now, starting tomorrow, they will actively promote Bitcoin ETFs through their extensive network of 15,000 financial advisors.
Financial advisors in the West play a key role in shaping market trends and making investment decisions. Their influence extends to the cryptocurrency market, leading to expectations of significant liquidity inflows.…
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bybit | bingx | okx | Trading Academy💰 | its-crypto.com
This event marks an important step for the cryptocurrency market, as Morgan Stanley has always been one of the few banks consistently supporting cryptocurrencies without changing its stance.
A few years ago, Morgan Stanley opened up Bitcoin fund investments to its clients, demonstrating its commitment to innovation in the financial sector. Now, starting tomorrow, they will actively promote Bitcoin ETFs through their extensive network of 15,000 financial advisors.
Financial advisors in the West play a key role in shaping market trends and making investment decisions. Their influence extends to the cryptocurrency market, leading to expectations of significant liquidity inflows.…
👉 Read More
bybit | bingx | okx | Trading Academy💰 | its-crypto.com
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Forwarded from 🔥Crypto News - Crypto World
The SEC will make its final decision in early April 2025, Bloomberg analyst James Seyffarth said. He specified that CFTC and OCC approval will also be required.
#ETH #ETF #BlackRock #Nasdaq
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Collaboration Announced Between Arbitrum Foundation, Sequence, and Ubisoft to Launch Blockchain Game
Arbitrum Foundation, Sequence, and Ubisoft Labs have joined forces to create a new Web3 game called “Captain Laserhawk: the G.A.M.E.” which will run on the Arbitrum blockchain. This project promises to be a significant step forward for the gaming industry, integrating cutting-edge blockchain technologies.
According to Nicolas Pouard, Vice President of Ubisoft Labs, “With the powerful blockchain infrastructure of Arbitrum and the technological capabilities of Sequence, ‘Captain Laserhawk: the G.A.M.E.’ will be an innovative project focused on the gaming community. We believe this project will open new horizons for interaction and user engagement in the gaming world.”
Nina Rong,…
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Arbitrum Foundation, Sequence, and Ubisoft Labs have joined forces to create a new Web3 game called “Captain Laserhawk: the G.A.M.E.” which will run on the Arbitrum blockchain. This project promises to be a significant step forward for the gaming industry, integrating cutting-edge blockchain technologies.
According to Nicolas Pouard, Vice President of Ubisoft Labs, “With the powerful blockchain infrastructure of Arbitrum and the technological capabilities of Sequence, ‘Captain Laserhawk: the G.A.M.E.’ will be an innovative project focused on the gaming community. We believe this project will open new horizons for interaction and user engagement in the gaming world.”
Nina Rong,…
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bybit | bingx | okx | Trading Academy💰 | its-crypto.com
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Forwarded from 🔥Crypto News - Crypto World
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Ripple Labs was ordered to pay a $125 million fine in the SEC lawsuit
A decision has been made in the United States regarding the lawsuit filed by the Securities and Exchange Commission (SEC) against Ripple Labs. The company has been ordered to pay a fine of $125 million and has been prohibited from further violations of industry regulations.
Judge Analisa Torres expressed concern that the firm might “cross the line” in the future. This led to the additional prohibition on violating regulations.
Ripple Labs CEO Brad Garlinghouse commented on the court’s decision:
“The SEC’s demands were reduced by approximately 94%, which effectively means their defeat. We respect the court’s decision and…
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bybit | bingx | okx | Trading Academy💰 | its-crypto.com
A decision has been made in the United States regarding the lawsuit filed by the Securities and Exchange Commission (SEC) against Ripple Labs. The company has been ordered to pay a fine of $125 million and has been prohibited from further violations of industry regulations.
Judge Analisa Torres expressed concern that the firm might “cross the line” in the future. This led to the additional prohibition on violating regulations.
Ripple Labs CEO Brad Garlinghouse commented on the court’s decision:
“The SEC’s demands were reduced by approximately 94%, which effectively means their defeat. We respect the court’s decision and…
👉 Read More
bybit | bingx | okx | Trading Academy💰 | its-crypto.com
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The Fed and Rate Cuts in September
The Federal Reserve will not be cutting interest rates in September and does not plan to hold an unscheduled meeting in October for this purpose, according to experts at QCP Capital.
Analysts warn that the sell-off phase in the cryptocurrency market is not yet over. They advise keeping an eye on stock indices, noting the high correlation between digital assets and traditional financial instruments.
Amid high volatility, large funds continue to reduce their positions, which could lead to further significant sales, the company noted.
Experts also believe that an emergency rate cut by the Fed and an additional meeting…
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The Federal Reserve will not be cutting interest rates in September and does not plan to hold an unscheduled meeting in October for this purpose, according to experts at QCP Capital.
Analysts warn that the sell-off phase in the cryptocurrency market is not yet over. They advise keeping an eye on stock indices, noting the high correlation between digital assets and traditional financial instruments.
Amid high volatility, large funds continue to reduce their positions, which could lead to further significant sales, the company noted.
Experts also believe that an emergency rate cut by the Fed and an additional meeting…
👉 Read More
bybit | bingx | okx | Trading Academy💰 | its-crypto.com
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Forwarded from 😎Crypto Vestor - Crypto Trends
And here are the main reasons why:
- Morgan Stanley has allowed advisers to recommend BTC-ETFs to some clients.
- Major liquidations from the Mt.Gox and Genesis bankruptcies are behind us, and upcoming fiat payments to FTX creditors later this year could boost demand.
- Major US political parties are signalling support for favourable cryptocurrency regulation.
#JPMorgan
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JPMorgan Chase Reports Bitcoin Recovery
Analysts at JPMorgan Chase note that Bitcoin’s price has returned to growth after a recent drop to $50,000, which had caused concern among retail investors.
“The recovery in Bitcoin’s price was primarily supported by institutional investors who showed minimal or no reaction to the increased risks in the futures contract sector,” the bank’s experts stated. This indicates that major market players continue to view Bitcoin as an attractive asset for long-term investments.
The bank’s indicator, which tracks changes in open interest on the CME exchange, combined with the positive slope of the futures curve, points to optimistic sentiment…
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bybit | bingx | okx | Trading Academy💰 | its-crypto.com
Analysts at JPMorgan Chase note that Bitcoin’s price has returned to growth after a recent drop to $50,000, which had caused concern among retail investors.
“The recovery in Bitcoin’s price was primarily supported by institutional investors who showed minimal or no reaction to the increased risks in the futures contract sector,” the bank’s experts stated. This indicates that major market players continue to view Bitcoin as an attractive asset for long-term investments.
The bank’s indicator, which tracks changes in open interest on the CME exchange, combined with the positive slope of the futures curve, points to optimistic sentiment…
👉 Read More
bybit | bingx | okx | Trading Academy💰 | its-crypto.com
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