Syed Tabrez (@asfhan21) • Hey
Syed Tabrez (@asfhan21) • Hey
Publications
- Bitcoin's $ 66.9K price holds strong, casts doubts on a 'deep correction'
- Bitcoin's $ 66.9K price holds strong, casts doubts on a 'deep correction'
- Bitcoin's $ 66.9K price holds strong, casts doubts on a 'deep correction'
- Gn
- Two brothers who studied at MIT allegedly stole $ 25 million in crypto in around 12 seconds
Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, were arrested this week for allegedly stealing around $ 25 million by exploiting the Ethereum blockchain
- Hmmm
- Two brothers who studied at MIT allegedly stole $ 25 million in crypto in around 12 seconds
Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, were arrested this week for allegedly stealing around $ 25 million by exploiting the Ethereum blockchain
- Gm
- India's Market Regulator Suggests Shared Crypto Oversight Even as RBI Seeks Stablecoin Ban: Reuters
The Securities and Exchange Board of India's position was made to a government panel that could submit its report to the Finance Ministry by June, the report said.
- India's Market Regulator Suggests Shared Crypto Oversight Even as RBI Seeks Stablecoin Ban: Reuters
The Securities and Exchange Board of India's position was made to a government panel that could submit its report to the Finance Ministry by June, the report said.
- India's Market Regulator Suggests Shared Crypto Oversight Even as RBI Seeks Stablecoin Ban: Reuters
The Securities and Exchange Board of India's position was made to a government panel that could submit its report to the Finance Ministry by June, the report said.
- Canada’s ‘Crypto King’ and Associate Arrested, Charged With Fraud in Alleged $ 30M Ponzi Scheme
- Canada’s ‘Crypto King’ and Associate Arrested, Charged With Fraud in Alleged $ 30M Ponzi Scheme
https://www.coindesk.com/policy/2024/05/15/canadas-crypto-king-and-associate-arrested-charged-with-fraud-in-alleged-30m-ponzi-scheme/
- SAN SALVADOR, May 14 (Reuters) - El Salvador has mined nearly 474 bitcoins since 2021 thanks to a volcano-fueled geothermal power plant, official data showed on Tuesday, bringing the government's total bitcoin portfolio to nearly $ 354 million at current prices.
The country's "Bitcoin Office," an official government entity, reports that government coffers now hold 5,750 bitcoins.
- SAN SALVADOR, May 14 (Reuters) - El Salvador has mined nearly 474 bitcoins since 2021 thanks to a volcano-fueled geothermal power plant, official data showed on Tuesday, bringing the government's total bitcoin portfolio to nearly $ 354 million at current prices.
The country's "Bitcoin Office," an official government entity, reports that government coffers now hold 5,750 bitcoins.
- Gm
- Coinbase website down as crypto exchange cites ‘system-wide outage’
Crypto exchange Coinbase has suffered a 'system wide' outage, rendering platform unusable.
- Cheer for crypto players: Binance may soon open shop in India, completes initial registration
Binance’s registration comes close on the heels of rival KuCoin signing up in March after paying Rs 34.5 lakh in penalty imposed by the Financial Intelligence Unit-India (FIU-India), the national agency responsible for analysing suspicious financial transactions
- Binance’s registration comes close on the heels of rival KuCoin signing up in March after paying Rs 34.5 lakh in penalty imposed by the Financial Intelligence Unit-India (FIU-India), the national agency responsible for analysing suspicious financial transactions
- Bitcoin and Solana correct after highs; Bitcoin’s halving anticipated to rally despite bearish pressure, while Rollblock presale gains traction as a potential 30x token by 2024
- Bitcoin and Solana correct after highs; Bitcoin’s halving anticipated to rally despite bearish pressure, while Rollblock presale gains traction as a potential 30x token by 2024
- Binance, KuCoin Win Registration From India Anti-Money Laundering Regulator as Crypto Credibility Improves
KuCoin paid a fine of $ 41,000 and Binance's financial penalty is still to be determined after a hearing with the FIU.
- Binance, KuCoin Win Registration From India Anti-Money Laundering Regulator as Crypto Credibility Improves
KuCoin paid a fine of $ 41,000 and Binance's financial penalty is still to be determined after a hearing with the FIU.
- XRP News: SBI Holdings Launches Validator On XRP Ledger, What’s Next?
SBI Holdings' crypto division recently announced that it is now a validator on the XRP Ledger. XRP price consolidates, noting a slight fall at press time
- XRP News: SBI Holdings Launches Validator On XRP Ledger, What’s Next?
SBI Holdings' crypto division recently announced that it is now a validator on the XRP Ledger. XRP price consolidates, noting a slight fall at press time
- Crypto Markets Under Pressure as $ 2B Worth of Altcoin Token Unlocks and $ 11B Bitcoin Distribution Loom
Bitcoin was lower by 2.5% to $ 61,500 late Wednesday, with solana and bitcoin cash each down more than 7
- FTX says most customers of the bankrupt crypto exchange will get all their money back
Almost all customers of collapsed cryptocurrency exchange FTX will get their money back — and more, according to a court filing.
FTX estimates that it owes creditors around $ 11.2 billion, according to a reorganization plan published late Tuesday. The company said it has between $ 14.5 billion and $ 16.3 billion to distribute to creditors.
Customers whose claims amount to $ 50,000 or less will receive approximately 118% of the amount of their allowed claim, the plan says. Around 98% of creditors will receive this compensation.
- FTX says most customers of the bankrupt crypto exchange will get all their money back
FTX estimates that it owes creditors around $ 11.2 billion, according to a reorganization plan published late Tuesday. The company said it has between $ 14.5 billion and $ 16.3 billion to distribute to creditors.
- Robinhood Would Likely Win Crypto Court Case With the SEC: KBW
The platform being issued a Wells Notice by the SEC is surprising given the company’s conservative approach to digital assets listings, the report said.
- Robinhood Would Likely Win Crypto Court Case With the SEC: KBW
The platform being issued a Wells Notice by the SEC is surprising given the company’s conservative approach to digital assets listings, the report said.
- The SEC Can’t Stop Suing Crypto Companies
Robinhood apparently made strenuous efforts to comply with the agency, even applying to become a special purpose crypto broker-dealer. The SEC is likely to sue for alleged securities violations in any case
- The SEC Can’t Stop Suing Crypto Companies
Robinhood apparently made strenuous efforts to comply with the agency, even applying to become a special purpose crypto broker-dealer. The SEC is likely to sue for alleged securities violations in any case
- Bitcoin ETF Discounts Reach Records After Late-Day Selloff
BlackRock’s IBIT fell 1.7% below NAV; Fidelity’s FBTC slid too
It’s ‘more an accounting quirk than a real issue:’ Bitwise CIO
- Bitcoin ETF Discounts Reach Records After Late-Day Selloff
BlackRock’s IBIT fell 1.7% below NAV; Fidelity’s FBTC slid too
It’s ‘more an accounting quirk than a real issue:’ Bitwise CIO
- Bitcoin will 'propel the next leg up' if key trading pattern confirms — Traders
The inverse head and shoulders pattern forming "would make sense" if Bitcoin doesn't "break straight through" to $ 67,500, according to a crypto trader.
- price could see a bullish trend reversal and “propel the next leg up” if the popular trading indicator known as the inverse head and shoulders pattern is confirmed, according to a crypto trader.
"If we don't break straight through $ 67.5k then something like this forming over the next month would make sense for a bottom pattern reversal,” crypto trader Matthew Hyland explained in a May 4 post on X.
- The Grayscale product had been the dominant conventional investment vehicle for those looking to invest in bitcoin (BTC) without directly purchasing the cryptocurrency. But it got competition in January when it was converted into an easier-to-trade ETF at the same time nine rival spot bitcoin ETFs began trading
- The Grayscale Bitcoin Trust (GBTC), the largest bitcoin ETF by assets, saw a net inflow of new money from investors, according to Farside Investors, the first daily increase since the product debuted in January.
A net $ 63 million was added on Friday, according to Farside's
Grayscale's Bitcoin ETF Sees First Inflow After Billions Lost Since January
GBTC, the biggest spot bitcoin ETF, has seen its assets under management lead over BlackRock's IBIT shrink.
- Jack Dorsey's Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others
The company announced the news alongside its first quarter earnings report on Thursday afternoon.
- Jack Dorsey's Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others
The company announced the news alongside its first quarter earnings report on Thursday afternoon.
For perspective, Block had $ 80 million in bitcoin gross profit in the first quarter, according to its earnings results. Were that level of profit to continue through the rest of the year, the company under this program would add another $ 24 million worth of bitcoin to its balance sheet.
Block already has substantial bitcoin holdings, having purchased 4,709 bitcoins in October 2020 and another 3,318 tokens in early 2021. At today's price of about $ 59,000, that bitcoin is now worth roughly $ 4.7 billion.
- Bitcoin Trades Around $ 57K, Crypto Market Drops 6% in Run-Up to Fed Decision
BTC is down about 6.3% in the last 24 hours having dropped below the $ 60,000 support level late on Tuesday
- Bitcoin Trades Around $ 57K, Crypto Market Drops 6% in Run-Up to Fed Decision
BTC is down about 6.3% in the last 24 hours having dropped below the $ 60,000 support level late on Tuesday
- Binance and CZ’s Fortunes Are Set to Grow, Even in Jail
After receiving a four-month sentence, the ex-CEO will be the richest US inmate ever. That is just one of the reasons his case is nothing like FTX’s.
- Binance and CZ’s Fortunes Are Set to Grow, Even in Jail
After receiving a four-month sentence, the ex-CEO will be the richest US inmate ever. That is just one of the reasons his case is nothing like FTX’s.
- Hong Kong ETFs begin trading, issuers unfazed if US declares ETH a security
- Hong Kong ETFs begin trading, issuers unfazed if US declares ETH a security.
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Hong Kong already has a clear definition of Ethereum and it is not a security, said OSL Digital Securities head Wayne Huang
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Exchange-traded fund issuers in Hong Kong are not concerned about the crypto crackdown in the United States which could result in regulators classifying Ether
ETH
as a security.
Speaking at a press conference on April 29 on the eve of the launch of spot crypto ETFs in Hong Kong, the head of digital asset management firm China Asset Management, Zhu Haokang, and the head of custody firm OSL Digital Securities, Wayne Huang, answered questions on the new institutional investment products.
- Bitcoin Chops Around $ 64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst Says
The yen's volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle
- Bitcoin Chops Around $ 64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst Says
The yen's volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle
- Justin Biever’s NFT Portfolio Lost Over 94% of Its Value, Gong from $ 2 Million to $ 100,000
- Justin Biever’s NFT Portfolio Lost Over 94% of Its Value, Gong from $ 2 Million to $ 100,000
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The pop superstar Justin Bieber, has notably dabbled in the world of digital collectible, investing more than $ 2 million in non-fungible tokens (NFTs) back in 2022. The value of his NFT holdings is now worth barely over $ 100,000 after plummeting by a staggering 94.7%.
According to data from on-chain cryptocurrency analysis firm Arkham Intelligence, Bieber invested heavily in NFTs after his cryptocurrency wallet received over $ 2.34 million worth of the second-largest cryptocurrency by market capitalization Ethereum ($ETH) that were used to buy 2 NFTs from the Bored Apes Yacht Club (BAYC) collection and 2 NFTs from the Mutant Apes Yacht Club (MAYC) collection for $ 1.86 million.
Bieber’s NFT portfolio wasn’t limited to apes. His initial investment also included a collection of other digital collectibles, including a World of Women NFT, two Doodles NFTs, an Otherdeed NFT, and a Metacard NFT. These additional assets have also seen their value plummet, with reported losses ranging from 89.7% to 97.4%.
His wallet still holds one BAYC NFT and one MAYC NFT, which is now only worth round $ 47,000. The firm’s data details Justin Biever’s wallet still holds nearly $ 500,000 in both ETH and APE.