💼 FTX to Reserve $230 Million for Shareholders, Not Creditors!

FTX is making headlines again! The exchange plans to set aside up to $230 million from government forfeiture proceeds to compensate shareholders, not creditors. 💸🚨 This move has sparked mixed reactions, as many were expecting that creditors—who are owed billions—would be the first in line to receive funds..

The decision comes amidst ongoing legal battles as FTX continues to navigate through its bankruptcy and restructuring process. ⚖️ Some experts argue that prioritizing shareholders over creditors may create further complications for the exchange’s recovery plans.

While the move aims to restore investor confidence, it leaves creditors wondering when, or if, they’ll be compensated. 💼 What’s next for FTX? Only time will tell as the legal proceedings unfold. ⏳

#FTX #CryptoNews #Bankruptcy #Investors #Finance

$LINA has shown bullish momentum in recent times. The price has surged, climbing above both its 50-day and 25-day EMAs (Exponential Moving Averages). These technical indicators suggest upward momentum, confirming a short-term bullish trend. Additionally, the Relative Strength Index (RSI) has risen above 50, which typically signals strong buying pressure.

#Linear #Finance #BillionGit

The recent breakout of Yearn Finance $YFI from the $4,500 resistance level, accompanied by significant trading volume, indicates strong bullish momentum. This price action suggests the potential for a sustained uptrend, targeting $9,000 in the near future. The strong volume backing this breakout often points to high market conviction, which could drive #YFI towards higher levels as traders and investors jump on the rally.

#BillionGit #Binance #Finance #Yearn.Finance

$POL is exhibiting impressive momentum after breaking out and confirming support at $0.37. This breakout, coupled with substantial trading volume, indicates strong buying pressure and a bullish sentiment. The price is now advancing toward a key target of $0.80. The strong volume backing this movement suggests sustained interest from investors, and if momentum continues, $POL could successfully challenge this next resistance level, potentially leading to further price gains.

#BillionGit #POL #Finance

$HBAR shows a Bullish momentum on the #MACD indicator. The histogram exhibit clear bullish divergences, suggesting a price action with a strong directional bias from this indicator. Broader technical signals show some bullish potential, with the 50-day moving average sloping upward, acting as a support level
In the near term, #HBAR faces support around $0.0582 and resistance near $0.0998​.

#BillionGit #Finance

#RSI analysis for $RUNE shows a relatively trend, with an RSI reading of 51.73, indicating that #Rune is neither overbought nor oversold. This suggests that while Rune has some bullish momentum, it hasn't yet reached a point where it's considered overvalued. If the RSI continues upward, it could signal stronger bullish momentum in the near term.

#BillionGit #Finance #BTC

The #EMA (Exponential Moving Average) analysis for $LRC shows that it is currently experiencing upward momentum. The 50-day EMA is sloping upward, signaling potential positive price action in the near term. #Loopring has gained about 3.25% in the past 24 hours and 11.08% over the past week, showing growing strength in its price movement. The current price range reflects positive sentiment, with the asset continuing to trade around $0.13 and holding its market cap near $176 million​.

#BillionGit #LRC #Finance

$THETA is displaying bullish momentum on the #MACD indicator, with the histogram showing clear bullish divergences. This suggests strong directional price action in favor of upward movement. Other technical signals further confirm bullish potential, as the 50-day moving average is sloping upward, providing solid support.
In the near term, #Theta faces support around $1.5 and could encounter resistance near $2.4, setting these levels as critical to watch for future price movements. The combination of #MACD and the moving averages points toward continued positive momentum, assuming the support levels hold.

#BillionGit #Finance

$CVX is currently showing signs of a bullish trend. The token's support level is around $1.9, with resistance expected at $2.5 and above. The 50-day Exponential Moving Average (EMA) indicates upward momentum, suggesting that #ConvexFinance may experience continued positive price action in the near future. If the token maintains its position above the $1.5 mark, it could potentially reach as high as $15 by the end of 2024.

#Finance #DeFi #BillionGit

$HIFI is currently trading at around $0.54, showing a 11% increase over the past 24hrs. It has a market capitalization of about $72.3M, with a circulating supply of over 139M tokens.
Expectation it will reach $1.32 to $1.47 by the end of 2024, with potential for further growth as the #DeFi sector evolves.

#Finance #BillionGit

📈 A Brief Analysis of the S&P Sri Lanka 20 (SPLK20LP): Tracking Market Giants 🇱🇰

The S&P Sri Lanka 20 (SPLK20LP) index serves as a key indicator of Sri Lanka's stock market health, featuring the top 20 largest and most liquid companies listed on the Colombo Stock Exchange (CSE).

Market Overview:
On September 20, 2024, the S&P Sri Lanka 20 closed at 3,102.20, marking an increase of +40.44 points (+1.32%).

Stay informed with our technical analysis to navigate the market trends effectively!

👉 Read more: https://hub.webberspro.com/?p=1166 / hub.webberspro.com

#SPLK20LP #SriLankaStockMarket #ColomboStockExchange #MarketAnalysis #InvestSmart #Finance

When it comes to world finances, of course, words will be thrown out about the cruelty of the current system. Because the focus is on macroeconomics. Which is an outline that will affect the micro-economy that is strung in it.

#Finance #Economics

If governments and regulators were obsessed with the “systemic risk” that cryptocurrencies could represent, in their eyes, each day of this new banking crisis proves to us, on the contrary, that they have nothing to do with the stampede current.
#crypto2023 #Finance #Binance

What is it that motivated you to trust Cryptocurrencies and see them as a financial opportunity? My case is that traditional money will always be obsolete because there is always inflation, mismanagement of finances, etc., etc.

#crypto #Finance #inflation #cryptocurrency

The Fed opted on Wednesday for a moderate increase in its rate, by a quarter of a percentage point, as expected, still concerned about inflation, and despite the turbulence in the banking sector, which could "weigh" on the economy.
#Finance #Binance

The $BTC price is at $43,073.63 right now.
🔴 Compared to the last tweet, the price has dropped by $12.94 (0.03%).
🟢 In the last 24 hours the price has increased by $944.25 (2.24%).

#Bitcoin    #BTC    #Crypto #Cryptocurrency #Blockchain #DeFi #HODL #NFT #Trading #Finance

#Write2Earn
🔥 Dive into the world of crypto with Binance! 🌐💸

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#Binance #Investing #Finance #Portal $BTC $BNB $XRP

🚨🏦 Standard Charter Bank says Bitcoin could see $50-100 billion in spot ETF inflows upon approval in 2024.

They Also Said that: Bitcoin could reach $200,000 by end of 2025 if Spot ETFs are approved.

@CZ #BTC #ETFApprovalDreams #Finance #CryptoNews $BTC

📈 Our self-hosted bot, #arrestedsaints.x, is on fire! 🔥 Using cutting-edge statistical modeling, it pinpointed prime opportunities in our watchlist assets $YFI & $CAKE yesterday. Stay tuned for more updates on its trading prowess! 💼💰 #Trading #AI #Finance