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VIKAS JANGRA
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FTX Challenges IRS 🤝💼 FTX says IRS demand for $24 billion in unpaid taxes is delaying recovery of user funds In the latest twist of the FTX-IRS saga, FTX lawyers demand the IRS substantiate its $24 billion tax claim, calling it "absurd and meritless." FTX, in bankruptcy, contends it never earned enough to owe such colossal taxes. The IRS, reducing its initial $44 billion claim, insists on its estimation's correctness. FTX claims the IRS's stance delays creditor payouts. The legal showdown continues with the next hearing on Dec. 13. Stay tuned for updates! ⚖️💸 #FTX #IRSLawsuit #LegalDrama #FTT #FTXTrial

FTX Challenges IRS 🤝💼

FTX says IRS demand for $24 billion in unpaid taxes is delaying recovery of user funds

In the latest twist of the FTX-IRS saga, FTX lawyers demand the IRS substantiate its $24 billion tax claim, calling it "absurd and meritless." FTX, in bankruptcy, contends it never earned enough to owe such colossal taxes. The IRS, reducing its initial $44 billion claim, insists on its estimation's correctness. FTX claims the IRS's stance delays creditor payouts. The legal showdown continues with the next hearing on Dec. 13. Stay tuned for updates! ⚖️💸 #FTX #IRSLawsuit #LegalDrama #FTT #FTXTrial

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Bitcoin chart bull flag is a 'strong bullish setup'🤑 Bitcoin has formed a bullish bull flag pattern on the daily chart, hinting at potential upward momentum. What does this mean? Well, historically, bull flags have been associated with strong upward movements in the price of assets, and Bitcoin is no exception. With declining volume indicating a pause before potentially skyrocketing towards $100,000, this could be an opportune moment for investors. However, while the technical setup looks promising, Bitcoin might still need a significant catalyst to push it to new highs. Analysts suggest keeping an eye on the $65,000 price level, as a move above this could trigger a liquidation of over $500 million worth of leveraged short positions. But what about potential dips? Some experts believe that Bitcoin could test support levels around $56,000 before making its next leg up. This could provide solid buying opportunities for investors looking to capitalize on the next rally. Overall, while there are no guarantees in the world of crypto, the current chart pattern and market dynamics suggest that exciting times could be ahead for Bitcoin. Stay tuned for updates and trade smart! #bitcoinhalvingn #Crypto2024 #BullishSignal #Investing #tradingdata 📈🚀
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#DYDX What Is DYDX? Everything You Have to Know About dYdX Chain Utility Token DYDX token has undergone a revolutionary transformation, transitioning from Ethereum to the dYdX Chain within the Cosmos ecosystem. Here's what you need to know: 🌐 From Ethereum to Cosmos dYdX Chain, launched on October 26, 2023, operates within the Cosmos network, offering enhanced scalability and efficiency. 💼 Staking and Security DYDX holders can now actively participate in securing the network by staking tokens or delegating to validators, earning rewards in USDC. 🗳️ Governance With dYdX V4, holders can directly shape the platform's future through proposal submissions and voting, promoting democratic decision-making. 💰 Economic and Reward Mechanisms The protocol rewards validators and stakers with 100% of protocol fees, ensuring continuous participation and network expansion. 💡 Tokenomics DYDX has a total supply of 1 billion tokens, with allocations adjusted through various proposals to support ecosystem growth. 🛒 Where To Buy DYDX Trade DYDX on platforms like Binance , OKX, KuCoin, and Osmosis for both centralized and decentralized options. ℹ️ For more details, check out CoinMarketCap's market page. Get ready to dive into the future of decentralized finance with DYDX! #DYDX #dYdXChain #DeFi #Web3 🌟
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🌐 Exciting News Alert 🚀 This Altcoin is Negotiating with PayPal and OpenAl! Affiliate Signal? 🔍 According to Bloomberg, Tools for Humanity, the force behind @sama's groundbreaking altcoin project, Worldcoin, is eyeing potential collaborations with tech and finance giants like PayPal and OpenAI. 💼 Tools for Humanity CEO, Alex Blania, hinted at future partnerships, stating, "There are conversations about how we can work together, but it's not something we're ready to announce yet." 💳 Talks with PayPal and potential alliances with OpenAI showcase Worldcoin's dedication to growth amid regulatory scrutiny and data privacy concerns. Stay tuned for more updates! #Worldcoin #Blockchain #bitcoin 🌍✨
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📈 #BTCUpdate 📉 📍 Despite attempts to breach the $67k resistance, #Bitcoin took a nosedive, finding support around $63,500. Here's what's on the horizon: 🔍 Scenarios 1️⃣ Primary A breakdown below the bear flag and $63,500 support may lead to revisiting the $61k support, possibly triggering a significant drop towards $54k. 2️⃣ Secondary A decisive breakout above $72k could confirm a bullish trend, targeting $73k and potentially soaring to $82k. 📊 Market Outlook During this volatile period, it's wise to tread cautiously. If scenario one unfolds, expect a further -20% to -30% downturn in the altcoin market. Stay informed and adapt your strategy accordingly! 💼📈 #Trading #Investing #BTC_CRASH_UPDATE #bitcoin
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🚨 Meta stock, $META, has now erased $240 BILLION of market cap after reporting earnings, down as much as 19%. If $META closes at current levels tomorrow, it will mark the BIGGEST EVER 1-day loss of market cap by a stock.
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