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Mr Gray Wolf
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Alcista

Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.
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Mr Gray Wolf
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use only fib extension for price prediction , nothing more
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Fairdesk crypto exchange to shut down, cites market conditions 🍓 Fairdesk, a Singapore-based crypto exchange launched in 2021, will permanently close on Nov. 30. The decision comes amid shifting market conditions and regulatory changes, according to a company release. Fairdesk built a reputation for offering futures trading, spot trading, and other crypto services to a global user base. However, the company’s leadership has opted to wind down operations, citing challenges in the current environment Effective Oct. 17, all trading activities on Fairdesk will cease, with only withdrawals allowed until the final closure date. Fairdesk encouraged its users to withdraw their funds before the Nov. 30 deadline.
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FTX Crypto Holders to Recover Only 10-25% of Lost Assets, Sets $230M for Shareholders ‼️ Collapsed crypto exchange FTX has made last-minute changes to its payout plans, setting aside only 10-25% for FTX crypto holders. Further, FTX has allocated $230 million worth of proceeds from government forfeiture actions for the benefit of shareholders. According to FTX creditor-activist Sunil Kavuri, the firm is transferring “18% of DOJ forfeiture funds,” to FTX equity holders. The revised reimbursements came as a surprise to creditors, who were unaware of the provision. The agreement was apparently finalised after the creditors voted on a liquidation plan and was revealed 30 days after the deadline. Traditionally, in a Chapter 11 bankruptcy proceeding, shareholders are reimbursed last after creditors. The filing noted that both debtors and preferred shareholders “ each have an interest in avoiding the cost, expense and delay that would be associated with litigation in connection with the Plan and the Forfeiture Proceeds.” In the revised agreement, “extra money is being transferred to shareholders,” Sunil explained in an X chat. He added that creditors would receive reimbursements according to the petition date when crypto prices were lower than today For instance, Bitcoin was trading at $16,000 when the legal petition was filed. However, the largest crypto trades at $64.47 at press time, sparking outcry among FTX creditors. #btc #ftx #eth $BTC $ETH $SOL
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Bolivia Sees Over 100% Surge in Crypto Transactions After Legalizing Payments ‼️📌 Bolivia has experienced a massive surge in crypto transactions over the past three months following new regulations that legalized the use of digital payment channels. According to a recent announcement from the Central Bank of Bolivia, the country’s monthly trading volume of virtual assets rose from $7.6 million to $15.6 million, driven mainly by stablecoin transactions and increased public interest. 📌Increase in Trading Volume and Transactions The Central Bank of Bolivia attributed this growth to implementing Board Resolution 082/2024, which came into effect in June, enabling the use of electronic payment channels for virtual assets. The number of virtual asset transactions also saw a sharp rise, with over 1.1 million transactions recorded from July to September, compared to around 932,000 in the previous six months. Individuals conducted the majority of these transactions. $SOL $USDC $ETH
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Bitcoin poised for surge, analysts expect new all-time high 😱📌 Bitcoin recovery coincided with the surge of the most risky assets like altcoins and equities. The Dow Jones and the S&P 500 index have jumped to a record high, while the Nasdaq 100 is a few points below its all-time high. In a post on X.com, crypto analyst Miles Deutscher estimated that Bitcoin may continue rising in the near term, reaching a high of $81,000. He argued that the S&P 500 index, which tracks the biggest American companies, was up by 9% above its highest level this year. As such, he told his 541,000 followers that the coin would hit $81,000 if it caught up with equities as it has done in the past. Other analysts are bullish on Bitcoin. In a recent note, analysts at BlackRock, the biggest asset manager in the world, referred to Bitcoin as a “unique diversifier” in a report on Sept. 17. The New York-based firm argued that the top cryptocurrency was a unique asset that is uncorrelated with equities, especially in periods of elevated risks. MC Consultunacy founder and self-proclaimed Bitcoin enthusiast Michael van de Poppe also noted that the coin would jump to between $90,000 and $100,000 by the end of the year. He cited the soaring global liquidity, which will increase as central banks slash interest rates. $BTC $ETH $BNB #bitcoin
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