cryptoniteuae
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EigenLayer's airdrop sparked controversy. Users criticize the locked, non-tradable tokens, limited snapshot window, and geo-restrictions.
While some defend the 15% user allocation and linear distribution, others call it unfair, especially for smaller #stakers .
The 30-country ban, including US and #China , angers users who staked from there. Despite the outrage, some believe critics are overreacting and the overall allocation is generous.
#EigenLayer #BullorBear #cryptoniteuae
While some defend the 15% user allocation and linear distribution, others call it unfair, especially for smaller #stakers .
The 30-country ban, including US and #China , angers users who staked from there. Despite the outrage, some believe critics are overreacting and the overall allocation is generous.
#EigenLayer #BullorBear #cryptoniteuae
SEC Seeks $5.3 Billion Penalty Against Terra Founder Do Kwon
According to reports, the U.S. Securities and Exchange Commission (#SEC上诉 ) intends to punish the discredited founder of the Terra ecosystem billions of dollars.
As per a recent Bloomberg article, the regulatory body is pursuing Kwon and #Terraform Labs, who were found guilty of fraud during a trial earlier this month, opening the door for the possibility of the highest penalties in the history of the cryptocurrency business.
According to the investigation, Kwon and Terraform gained about $4 billion by selling tokens as unregistered securities. Do Kwon was fined $5.3 billion for his alleged "brazen misconduct" in the 2022 collapse of the Terra ecosystem.
As a result of his involvement in the $40 billion collapse of the #TerraLabs ecosystem, he is currently being sought by authorities for extradition to both the US and South Korea. #cryptoniteuae
According to reports, the U.S. Securities and Exchange Commission (#SEC上诉 ) intends to punish the discredited founder of the Terra ecosystem billions of dollars.
As per a recent Bloomberg article, the regulatory body is pursuing Kwon and #Terraform Labs, who were found guilty of fraud during a trial earlier this month, opening the door for the possibility of the highest penalties in the history of the cryptocurrency business.
According to the investigation, Kwon and Terraform gained about $4 billion by selling tokens as unregistered securities. Do Kwon was fined $5.3 billion for his alleged "brazen misconduct" in the 2022 collapse of the Terra ecosystem.
As a result of his involvement in the $40 billion collapse of the #TerraLabs ecosystem, he is currently being sought by authorities for extradition to both the US and South Korea. #cryptoniteuae
🤑𝙂𝙀𝙏 𝙁𝙍𝙀𝙀 𝙍𝙀𝙒𝘼𝙍𝘿 𝙐𝙋𝙏𝙊 8$ 𝙐𝙎𝘿𝙏 𝘼𝙉𝘿 𝙋𝙀𝙋𝙀 𝘾𝙊𝙄𝙉𝙎 𝙁𝙍𝙊𝙈 𝙈𝙔 𝙏𝙒𝙊 📌 𝙋𝙄𝙉𝙉𝙀𝘿 𝙋𝙊𝙎𝙏𝙎💰🤑💸
Bitcoin recovered from $61,800 to $64,500 but is consolidating around $63,500. If it breaks above $64,750, it could climb to $66,200 or even $70,000.
However, if it fails to overcome $64,750, it might drop back to $61,750 or lower.
#Bitcoin #BTC #bitcoinhalving #cryptoniteuae
Bitcoin recovered from $61,800 to $64,500 but is consolidating around $63,500. If it breaks above $64,750, it could climb to $66,200 or even $70,000.
However, if it fails to overcome $64,750, it might drop back to $61,750 or lower.
#Bitcoin #BTC #bitcoinhalving #cryptoniteuae
#Solana ($SOL ) in danger of price plunge due to technical signals
#SOL price declining after failed bullish breakout last week.
#RSI indicator suggests market pessimism, potential correction.
Sharpe ratio very low, indicating low profit potential for investors.
SOL might experience a "death cross" - bearish technical indicator.
This could cause price to drop to $126 support level, or even below $100.
If support breaks, bullish outlook for SOL would be invalidated.
Overall, technical analysis suggests potential downside for SOL price.
#BullorBear #cryptoniteuae
#SOL price declining after failed bullish breakout last week.
#RSI indicator suggests market pessimism, potential correction.
Sharpe ratio very low, indicating low profit potential for investors.
SOL might experience a "death cross" - bearish technical indicator.
This could cause price to drop to $126 support level, or even below $100.
If support breaks, bullish outlook for SOL would be invalidated.
Overall, technical analysis suggests potential downside for SOL price.
#BullorBear #cryptoniteuae
The 19th edition of Asia's largest business conclave E-Summit is set to become the heart of originality and innovation on the 3rd and 4th of February 2024.
The flagship event of the Entrepreneurship Cell, IIT Bombay is acting as a pivot in the dynamic entrepreneurship ecosystem catering from enthusiastic students to disruptive founders. #India #investors #iitbombay
#Vaibhavvali co-founder of #cryptoniteuae
The flagship event of the Entrepreneurship Cell, IIT Bombay is acting as a pivot in the dynamic entrepreneurship ecosystem catering from enthusiastic students to disruptive founders. #India #investors #iitbombay
#Vaibhavvali co-founder of #cryptoniteuae
Bitcoin Holds Firm Above $63,000 Despite Regulatory Scrutiny and Economic Turbulence.
#Bitcoin weathered the storm! Even with outflows from #ETFs. , regulatory worries, and U.S. Senators looking closely, Bitcoin stayed above $63,000 on April 26th. This comes after a two-day outflow of millions from spot Bitcoin ETFs in the US.
#bitcoinhalving #BullorBear #cryptoniteuae
#Bitcoin weathered the storm! Even with outflows from #ETFs. , regulatory worries, and U.S. Senators looking closely, Bitcoin stayed above $63,000 on April 26th. This comes after a two-day outflow of millions from spot Bitcoin ETFs in the US.
#bitcoinhalving #BullorBear #cryptoniteuae
With the approval of Bitcoin Spot ETFs drawing near—experts predict that it will happen on Wednesday—several cryptocurrency whales have engaged in some intriguing trades.
#etf #BTC #cryptoniteuae #Whale.Alert
#etf #BTC #cryptoniteuae #Whale.Alert
Solo miner strikes lucky! Against all odds, a Bitcoin miner just solved a block solo, earning 3.125 $BTC (around $200,000). This is only the 282nd time this has happened in Bitcoin's history! Mining solo is super difficult because it requires immense computational power. With network hash rate at 618 EH/s, miners usually join pools to combine power. This lucky miner had a hash rate of 120PH, just 0.02% of the network! Congrats to the winner!
#bitcoinhalving #BTC #bitcoin #Mining100Million #cryptoniteuae
#bitcoinhalving #BTC #bitcoin #Mining100Million #cryptoniteuae
5 Cryptos Set To Dominate In Late 2024- #dyor
1.Solana ( $SOL ): Understanding Market Dynamics and Anticipating Future Growth
2. Cardano ($ADA ): Experiencing Growth in TVL and Optimistic Forecasts
3. Polygon ($MATIC ): Steering Through the Evolution of Multi-Chain Ecosystems
4. Cosmos (#ATOM ): Exploring the Prospects of Interoperability
5. Sei (#sei ): Evaluating Recent Trends and Future Outlook
#Solana-SOL #cryptoniteuae
1.Solana ( $SOL ): Understanding Market Dynamics and Anticipating Future Growth
2. Cardano ($ADA ): Experiencing Growth in TVL and Optimistic Forecasts
3. Polygon ($MATIC ): Steering Through the Evolution of Multi-Chain Ecosystems
4. Cosmos (#ATOM ): Exploring the Prospects of Interoperability
5. Sei (#sei ): Evaluating Recent Trends and Future Outlook
#Solana-SOL #cryptoniteuae
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BTC will reach around $36,000 before going back up seriously.
So hold on tight
#BTC☀️ #cryptoniteuae $BTC
So hold on tight
#BTC☀️ #cryptoniteuae $BTC
Floki ($FLOKI ) under pressure. Memecoin faces 65% decline potential as bearish indicators strengthen. However, outflow trends could signal a potential rally.
#Floki #flokiwarrior #cryptoniteuae
#Floki #flokiwarrior #cryptoniteuae
Bitcoin Bloodbath: Is the Crypto Winter Back?
😱 Bitcoin's price has plummeted after a staggering $2 billion $BTC transfer by the US government. Is this the beginning of another crypto winter? 🥶
While the market reels, a new wave of ICOs is promising safety and returns. But are these shiny new coins the golden ticket out of this crypto crisis? 🤔
#Bitcoin❗ #usa #America #cryptoniteuae
😱 Bitcoin's price has plummeted after a staggering $2 billion $BTC transfer by the US government. Is this the beginning of another crypto winter? 🥶
While the market reels, a new wave of ICOs is promising safety and returns. But are these shiny new coins the golden ticket out of this crypto crisis? 🤔
#Bitcoin❗ #usa #America #cryptoniteuae
India is taking a big step towards regulating crypto! 🇮🇳
The government will soon release a consultation paper to gather feedback on how best to regulate digital assets. This move aligns with the global trend of establishing standardized rules for cryptocurrencies.
#India #cryptocurrency #regulation #cryptoniteuae
The government will soon release a consultation paper to gather feedback on how best to regulate digital assets. This move aligns with the global trend of establishing standardized rules for cryptocurrencies.
#India #cryptocurrency #regulation #cryptoniteuae
#Bitcoin and #Ethereum Exodus: A Market Shift on the Horizon
A significant shift in market sentiment is underway as investors withdraw billions of dollars worth of Bitcoin and Ethereum from centralized exchanges. This exodus, coupled with a dwindling supply of Bitcoin held by miners, could be setting the stage for significant market movements.
$BTC $ETH #cryptoniteuae #Exodus
A significant shift in market sentiment is underway as investors withdraw billions of dollars worth of Bitcoin and Ethereum from centralized exchanges. This exodus, coupled with a dwindling supply of Bitcoin held by miners, could be setting the stage for significant market movements.
$BTC $ETH #cryptoniteuae #Exodus
Breaking News: Security Alert - Malicious Version of Ledger Connect Kit Detected!
In a recent development, a malicious version of the #Ledger Connect Kit has been identified and promptly removed. Users are advised not to interact with any #DApps at the moment. A genuine version is being pushed to replace the compromised file.
Note- Ledger assures users that their Ledger devices and Ledger Live remain uncompromised.
Stay tuned for further updates as the situation evolves. #SecurityAlert #Ledger #CryptoSafety #cryptoniteuae
In a recent development, a malicious version of the #Ledger Connect Kit has been identified and promptly removed. Users are advised not to interact with any #DApps at the moment. A genuine version is being pushed to replace the compromised file.
Note- Ledger assures users that their Ledger devices and Ledger Live remain uncompromised.
Stay tuned for further updates as the situation evolves. #SecurityAlert #Ledger #CryptoSafety #cryptoniteuae
Terraform Labs files for bankruptcy: What happens now?
-Terraform Labs has filed for bankruptcy.
-In response, the price of $LUNA plummeted.
In the US, Terraform Labs, the firm behind the now-defunct stablecoin #TerraUSD [UST], filed for Chapter 11 bankruptcy protection.
The document, filed with the United States #Bankruptcy Court for the District of Delaware, revealed assets and liabilities estimated to be between $500 million and $100 million.
This development comes amid ongoing legal challenges and follows the collapse of the Terra ecosystem in May 2022.
Calling it quits
In response to the bankruptcy filing, Chris Amani, the CEO of #Terraform Labs, emphasized the resilience of the Terra community.
He stated that the move is essential to address legal hurdles and continue working towards collective goals. #cryptoniteuae #Write2Earn
-Terraform Labs has filed for bankruptcy.
-In response, the price of $LUNA plummeted.
In the US, Terraform Labs, the firm behind the now-defunct stablecoin #TerraUSD [UST], filed for Chapter 11 bankruptcy protection.
The document, filed with the United States #Bankruptcy Court for the District of Delaware, revealed assets and liabilities estimated to be between $500 million and $100 million.
This development comes amid ongoing legal challenges and follows the collapse of the Terra ecosystem in May 2022.
Calling it quits
In response to the bankruptcy filing, Chris Amani, the CEO of #Terraform Labs, emphasized the resilience of the Terra community.
He stated that the move is essential to address legal hurdles and continue working towards collective goals. #cryptoniteuae #Write2Earn
#JackDorsey 's Block reveals #Bitcoin DCA strategy, buying Bitcoin monthly with 10% of Bitcoin-related revenue. This dollar-cost averaging approach aims to reduce volatility impact and achieve a lower average price per Bitcoin. #Block , a known Bitcoin believer, has been accumulating Bitcoin since 2020 and sees it as an open financial protocol for the future. Their recent "Bitcoin Conversions" feature allows Square users to convert sales into Bitcoin, further solidifying their commitment to the cryptocurrency. #cryptoniteuae
Breaking News -
China's Attempt to Suppress Bitcoin Backfires: $86B #Crypto Trading Surges During Stock Market Slump
Local investors are nonetheless swarming the #bitcoin market despite China's ban on mining and selling cryptocurrencies. These investors, disobeying the restriction, use digital assets as a way out of the recession that is ailing more conventional investments like stocks and real estate.
A Reuters story claims that Chinese people are using "creative" means, such as grey-market dealers, foreign bank accounts, and Hong Kong's support for digital assets, to get into the cryptocurrency market. #Write2Earn #cryptoniteuae
China's Attempt to Suppress Bitcoin Backfires: $86B #Crypto Trading Surges During Stock Market Slump
Local investors are nonetheless swarming the #bitcoin market despite China's ban on mining and selling cryptocurrencies. These investors, disobeying the restriction, use digital assets as a way out of the recession that is ailing more conventional investments like stocks and real estate.
A Reuters story claims that Chinese people are using "creative" means, such as grey-market dealers, foreign bank accounts, and Hong Kong's support for digital assets, to get into the cryptocurrency market. #Write2Earn #cryptoniteuae