Hey all, I am a youtuber and try to analyze the market. I also have a premium Channel where i give future and spot signal.
https://youtube.com/@Crypto_Jargon
📰🇭🇰Singapore's Largest Bank DBS Is an Ether Whale:
DBS Bank, Singapore's largest bank, holds nearly $650 million in ETH, according to Nansen. This significant investment highlights the bank's strong position in the cryptocurrency market. $BTC $ETH #altcoins #EarnFreeCrypto2024
📰🔶Binance Faces Allegations Over Genesis Claims Sale:
Binance is accused of selling claims related to the bankrupt crypto lender Genesis at its South Korean affiliate without proper consent. This move has sparked legal concerns and highlights broader regulatory issues the exchange is currently navigating.
Polyhedra refuses to change its $ZK ticker despite pressure from zkSync and Bybit. This decision risks conflicts with exchanges and potential delisting. As the ticker battle escalates, more exchanges might get involved. Amidst this tension, Polyhedra plans to launch a staking program, drawing further attention to its $ZK ticker.
Bitcoin's price surged past $70,000, rising 2.1% today and 3% over the past week. This sharp increase led to $27.75 million in short positions being liquidated. #btc $BTC #btcupdates2024
Bill Huges, Consensys Senior Legal Counsel and Global Cheif Regulatory Officer,
Stated in an interview :
It's a tricky thing going from centralized to decentralized. I'm not announcing anything with respect to MetaMask generally, but it's safe to say that something as big as MetaMask shouldn't just be owned and operated by Consensys. It should be owned and operated by the community.
The U.S. House approves a bill to regulate cryptocurrencies, classifying them as commodities and shifting regulatory oversight to the CFTC. However, the bill faces opposition from the SEC.
🇭🇰Hong Kong Considers Ether ETF Staking:
Hong Kong explores Ether ETFs with staking features, showing a more progressive stance than the US. Staking allows investors to earn rewards for holding cryptocurrencies.
🔖Overall:
These updates highlight the ongoing regulatory debate in the cryptocurrency space. 🏛 $BTC $ETH $SOL #ETHETFsApproved #btc70k
📰✅ BitGo’s $100M Lawsuit Against Galaxy Digital Gets Green Light.
The Delaware Supreme Court has revived BitGo's $100 million lawsuit against Galaxy Digital, overturning a lower court's dismissal. 🧑⚖️
The lawsuit stems from a failed $1.2 billion merger, with BitGo accusing Galaxy of breaching the agreement. The court found the merger agreement's language ambiguous, allowing BitGo to present more evidence. 📜
Originally filed in August 2022, the lawsuit claims Galaxy improperly terminated the deal due to BitGo's alleged failure to provide audited financial statements.📄 #Btc #Eth #SolanaUSTD #BONK🔥🔥
According to the chart, the price is again in the parallel channel and bottomed in the ascending channel and we need some rest. We can expect some range candle in this area and it can shape the parallel channel coincidence ✔️📚💡
We expect more gains to the upside, at least near to $39,000, it would be our primary target 🚀