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#DYDX
/USDT
SHORT📉
Entry:
3.97
4.15
TP:
3.88
3.76
3.52
3.04
SL:4.29 🛡
$DYDX
💬💬💬💬💬💬💬💬
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📌#RNDR /USDT LONG Entry: 3.40 3.30 TP: 3.50 3.60 3.70 3.85 4.00 SL: 3.20 $RNDR
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📌 📢 CME Bitcoin Futures Suggest Rally To $40,000 Bitcoin bulls continue to push BTC price upside as the market sentiment improves after the delivery of the monthly options. Retail and institutional investors are now more confident about BTC price hitting $40,000 and closing the year near $45,000. CME Front Contract Premium percent to Coinbase spot at an all-time high amid positive sentiment. CME Bitcoin futures traded at a high of $39,300 at one point in the last 24 hours, almost a $1,000 premium to the spot price. It happens as futures and options traders remain bullish on Bitcoin. Improved market and bullish sentiment from institutional investors ETFs like ProShares’ BITO, which invests in CME-listed bitcoin futures, contributes to the premium.🔰 Meanwhile, CME Bitcoin Futures Open Interest Market Share Percent has also hit higher, reaching almost 30%. It follows as Bitcoin and former CEO CZ agreed to federal criminal charges and pay $4.3 billion in settlement with U.S. authorities.
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📌Changpeng Zhao’s Defense Melds Home Detention with Personal Accountability 📢In a remarkable twist in the ongoing legal saga surrounding former Binance CEO Changpeng Zhao, commonly known as CZ, his defense team has proposed an unconventional approach to his sentencing. Amidst the fallout from multi-billion dollar settlements and criminal admissions by the cryptocurrency exchange, CZ’s lawyers are advocating for a combination of home detention and personal accountability rather than traditional imprisonment. This proposal comes as CZ faces intense legal scrutiny following his guilty plea and Binance’s historic settlements with U.S. authorities. Changpeng Zhao’s Unconventional Defense Strategy Revealed Zhao’s legal troubles reached a new peak following Binance’s agreement to pay $4.3 billion in a settlement with the Department of Justice (DOJ) and his subsequent guilty plea in federal court in Seattle. Facing charges that have led to his stepping down as CEO, Zhao is currently out on bail, secured by a notable $175 million bond. His plea deal also includes a significant personal fine of $50 million, distinct from Binance’s settlement. With prosecutors reportedly seeking an 18-month prison sentence, in line with federal guidelines, and speculations of a possible sentence extending up to 10 years, CZ’s defense strategy is notably unconventional. The proposed plan, focusing on home detention combined with an acceptance of responsibility, reflects a tailored approach to the unique circumstances of Zhao’s case. This strategy underlines his clean criminal record and his high-profile status in the crypto industry, framing him as a figure willing to face the consequences of his actions while highlighting the potential for non-traditional sentencing.
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