The FTX Token (FTT), a subsidiary of the FTX platform, posted excellent performance with a 55% rise in 24 hours, and achieved a strong 320% increase in less than 48 hours. Speculation about FTX’s commercial relaunch emerges after its founder’s trial, reinforcing optimism with a further increase in the value of the #FTT . However, market movements should be monitored, as the FTT saw a correction after reaching its peak and stabilizing around $3.5. $XRP $BTC

A study suggests that Ukraine’s failure to regulate the crypto sector has cost the country $49 billion in losses between 2016 and 2022. The study proposes taxing cryptocurrency metal to make a financial addition to the Ukrainian treasury. Ukrainian authorities are ready to regulate the sector and impose taxes, with consideration being directed towards the application of measures from EU standards for digital asset markets. $BTC

Bitcoin’s price has fallen to around $36,000 after hitting year’s highs. The downside is linked to reports about #BlackRock ’s creation of the iShares Ethereum Trust, which has led to the transfer of funds from Bitcoin to Ethereum. #Ethereum price rally and capital shift reflect optimism with close approval of Ethereum spot-traded funds after approval of Bitcoin funds. $BTC

Summarize: A study by Ukraine Economic Outlook suggests that Ukraine’s failure to regulate the cryptocurrency sector caused losses of nearly $49 billion between 2016 and 2022. #crypto is proposed to be taxed for tax revenue, and there is an intention in Ukraine to regulate the sector and tax 5% for individuals and 18% for companies. Previous efforts have faced hurdles, but there are positive signs of adopting EU-inspired regulatory measures.

🔴 #GOLD prices are heading towards a 3-week low as demand for safe havens fades and the dollar rises, ahead of the US Federal Reserve Chairman’s statements on the path of interest in the coming period. $BTC

Bitcoin’s price has risen to an 18-month high, reaching the level of nearly $37,000, an increase of more than 4% over the past 24 hours. This rise comes as exchange-traded funds are expected to be approved to invest in Bitcoin, and this supports Bitcoin’s rise of more than 120% this year. Expectations of the approval of these funds increase market optimism and support current increases in cryptocurrency prices. $BTC

In the last 24 hours, the price of Bitcoin-#BTC has increased by an approximate 4% to the $37,000 level, thanks to expectations of turning the Grayscale fund into a #bitcoin spot-based ETF, which will bring significant institutional investments. Discussions are also now underway between the U.S. Securities and Exchange Commission and Grayscale about converting the GBTC fund to an ETF for Bitcoin spot contracts. There is optimism that there is a good chance of getting approval for the #etf by January 2024. $BTC

U.S. Federal Reserve member Michael Barr expressed concerns about trading in stablecoins and said they should be properly regulated to keep the U.S. financial system stable. He called for the Fed to be given the power to approve and enforce against the issuers of these coins and noted the need for a strong legal framework and the role of Congress in this context.

The U.S. government is facing a significant spending problem...

Total U.S. debt exceeded $33 trillion, unprecedented levels....

U.S. debt has been rising steadily since 1980...

Where the debt relative to GDP reached 120%...

This acceleration in spending will not go unnoticed.

Shiba Inu developer, Kaal Dhairya, informed the community on Tuesday that The Shib magazine’s new self-authening system faced technical issues. The issue is being resolved as quickly as possible, and the cause of the issue has not yet been revealed.

In addition, Shiba Inu provided The Shib magazine to provide updates on Shibarium and #SHIB ’s products and services, as well as interviews with cryptocurrency industry experts.

As a bonus, the magazine’s first 1,000 free #nft readers are offered for the magazine cover. This effort is the first step of the SHIB Doggy DAO Foundation.

The Shiba Inu team plans to deliver the upcoming updates on their new products and features in the Shibarium ecosystem, as well as tokens, exclusive interviews, and an advertising section for the benefit of the community. $SHIB

The price of the Blur Token (#BLUR ) has risen 30% over the past 24 hours, reaching a four-month high. Its market capitalization is currently at $414 million. This rise comes due to an increase in #nft sales and increased trading activity.

Santiment data indicates a sharp increase in Whale transactions for BLUR tokens of at least $100,000 by 248% over the past day, and an 80% increase in the social trading volume of the Blur token.

POSITIVE PRICE FORECASTS SHOWING WITH BLUR’S PRICE FOR DAILY ACTIVE HEADS AROUND 24%. BLUR’S TOTAL OPEN INTEREST (OI) WAS $295 MILLION.

The rise in NFT sales comes as the price of the BLUR token rose 30%, and the total NFT sales of the NFT ecosystem increased by 45% over the past day. NFT sales exceeded the $18 million mark, and most of those sales came from the Blur market.

Shares of Robin Hood Markets (#NASDAQ : HOOD) saw a decline in post-market close trading after the company reported below-expected revenue. This drop came as the price of #bitcoin has rised to more than $35K over the past 24 hours.

Robin Hood attributed this drop in revenue to a decline in trading volume in cryptocurrencies, which negatively affected its revenue. The company reported net revenue of $467 million, lower than analysts had expected. However, this figure represents an increase of 29% compared to last year.

Transaction-based revenue also saw an 11% drop compared to the previous year due to a 55% drop in virtual cryptocurrency trading volume over the year.

The company's shares rose 1.77% in today's trading, but fell more than 8% in post-market trading.

Robin Hood intends to expand its cryptocurrency trading activity in the EU and the UK, targeting small traders.

🔴 Here are the most prominent developments:

• The collapse of a new #US #bank called (Citizance Bank), which is ranked 12th according to the latest classifications for the size of US banks.

• As we tell you and tell you every day, economic indicators in America indicate that more collapses are coming on the road, all from the consequences of raising interest rates and rising US Treasury yields.

• According to the Federal Insurance Corporation, the bank was quickly acquired and all deposits were borne, so we did not see a strong reaction in the markets.

• Today there are no important economic data and the whole focus is on the Eastern Mediterranean region, any humanitarian truce and a ceasefire will put pressure on gold down and strongly. $BTC

Whale Alert platform reveals significant transfer of Ripple digital currency (#XRP ) to a centralized trading platform called Bitstamp. More than 28 million Ripple has been moved to Bitstamp in a move that grabs the attention of traders. There are concerns of a potential Ripple sale that will cause its prices to drop. However, Ripple’s price has surged in recent days, reflecting investor optimism and positive developments in #Ripple -related legal issues. $XRP

The popular memes coin #SHIBA Inu (#SHIB ) continues to arouse a lot of interest in the world of cryptocurrencies. Launched as Shibarium in August, a second-tier blockchain solution has seen significant growth, with the total network blocks exceeding 1.5 million and the number of transactions and wallet addresses also increasing. Shibarium aims to improve transaction speed and reduce its costs which can lead to an increase in the price of SHIB. Large amounts of SHIB have been burned recently, and this may positively affect the currency’s prices. $SHIB

Analysts at Lookonchain are promoting the idea that #FTX platform wallets have scrapped the Stake on $160 million #SOL coins and may be willing to sell them. These wallets moved millions of SOL to different trading platforms, causing the SOL price to drop by 3%. There are reports of a possible relationship with investment firm Galaxy Digital and Mike Novogratz. These movements may be related to the liquidation of FTX assets. These events follow the conviction of FTX founder Sam Bankman Fred in the FTX cryptocurrency exchange case that collapsed in 2022, with the verdict expected in March 2024. Information suggests that Bankman Fried’s allies may also be prosecuted and face light or no punishments. $SOL

Elon Musk announced the launch of the first version of AI for his startup xAI in a tweet on #X . This announcement led to a strong rise in the price of the XAI Corp token (XAI crypto Token), which rose 175%. The #XAI token is trading up 164% at $0.003216.

However, despite strong inflation in the price of the XAI token, #Elon_Musk confirmed that no cryptocurrency will be launched by any of his companies. Warnings from crypto analysts to be wary of the rapid rise in the token price and not to fall into the markets frenzy. $BTC

Dan Gambardello, founder of Crypto Capital Venture and a leading market analyst, is optimistic about #Bitcoin (#BTC ) price rise and expects to hit $204,000 in the future. He sees this rise as leading to a $4 trillion market valuation. Currently, Bitcoin is trading at around $34,463.72 and has seen a pullback after a previous rally.

Jambardillo focuses on the impact of Bitcoin’s rising price on altcoins like Cardano (#ADA ). There are expectations about the impact of the #SEC ’s approval of Bitcoin exchange-traded funds (#ETFs ) and it could contribute to higher prices. In addition, attention is being directed towards Bitcoin’s upcoming Halving event that could lead to a reduction in the mining rate and an increase in prices. $BTC $ADA

A user of the Uniswap V3 platform incorrectly chose a token when creating a liquidity pool, resulting in a loss of more than $700,000 in a MEV transaction in 12 seconds. The user added $1.56 million of #BTC to the liquidity pool and received 1.56 million Curve DAO (#CRV ) tokens, which was estimated at around $850,000 at the time. #MEV bots sought to take advantage of this error, but more successful ones made a small profit after paying a huge fee. These transaction errors are rare in the cryptocurrency world, but they may sometimes occur and are known as “fat finger” errors. $BTC

The Dubai Financial Services Authority (DFSA) has approved the use of Ripple-linked digital assets within the Dubai International Financial Centre (DIFC). This license means that Ripple is officially recognized as a digital asset, and therefore allows licensees in the region to use it for cryptocurrencies. This represents a major development for the Ripple environment after it became the only legally recognized currency in the United States. This license could contribute to strengthening Ripple’s adoption and expanding its ecosystem. Dubai is a crypto-friendly environment, so Ripple has chosen its headquarters in the Dubai International Financial Centre, where it is seeking other licenses from other regulatory institutions such as the Singapore Monetary Authority and aims to obtain a license in the UK and Ireland. $XRP