Sjuul achieved financial independence through years of immersion in cryptocurrency. Starting in 2016, he faced ups and downs, losing in 2018 but rebounding in 2020 with calculated trades during the 2021 bull run. Early adoption of DeFi projects like BNB and Pancakeswap significantly boosted his portfolio. Sjuul, now with over 700,000 followers, shares his crypto journey on Twitter and educates through AltCryptoTalk, emphasizing the importance of staying ahead in the dynamic crypto world.
Explore the compelling reasons outlined by Dizercapital's Yassin Mobarak on why Wall Street institutions might soon file for an XRP Spot ETF in the U.S., challenging the SEC and tapping into pent-up institutional demand.
Sjuul Follings
Dizercapital's Yassin Mobarak outlines strong reasons for Wall Street institutions to consider filing an XRP Spot ETF, highlighting the untapped institutional demand and the strategic advantage of being first movers in this space. This move could challenge the SEC and potentially shift the market dynamics for XRP.
SEC's Implicit Acceptance of Ethereum as Commodity, Suggests Bloomberg Analyst
Explore insights from Bloomberg’s ETF analyst James Seyffart on the SEC's approach to Ethereum, suggesting a tacit acceptance of ETH as a commodity rather than a security.
Sjuul Follings
Bloomberg analyst James Seyffart suggests the SEC has indirectly accepted Ethereum as a commodity, not a security, based on its recent actions and lack of legal challenges against the Ethereum Foundation. This stance, alongside Gensler's approach, impacts the legal landscape of Ethereum and the broader cryptocurrency market
Mobile gaming and crypto go hand in hand. Welcome to the juiciest mobile crypto GameFi protocol known as Grapes. In this artice, we will cover what the Grapes protocol is, the games, NFT Collection, GRAPE Coin and more!
Sjuul Follings
Grapes, first born in early 2023 has developed the ultimate GameFi and NFT ecosystem that cannot be ignored. We’re very early, with the chance to grab the GRAPE token before it gets into the hands of millions.
Binance to Pay $1.5 Billion to CFTC, CZ to Pay $150M Fine
Read about the landmark settlement between Binance and the CFTC, with Binance paying a $1.5 billion fine and CZ facing a $150 million penalty. Discover the violations and the implications for the cryptocurrency industry.
Sjuul Follings
The approved settlement between Binance and the CFTC represents a significant milestone in the cryptocurrency industry. With Binance agreeing to pay a record-breaking $1.5 billion fine and CZ facing a $150 million penalty, the repercussions of their violations are undeniable. The court order also imposes additional obligations, including enhanced compliance controls and a corporate governance structure, to ensure future regulatory compliance.
Get the latest insights on the upcoming Bitcoin halving event and its potential impact on the price of BTC in Q1 2024.
Sjuul Follings
As the Bitcoin halving event approaches, the crypto community is filled with anticipation and excitement. The upcoming halving in Q1 2024 has the potential to impact the price of BTC significantly. While experts caution against attributing Bitcoin's price surges solely to halving events, past instances have shown that the halving can be a catalyst for significant price movements.
FTX's New Bankruptcy Resolution Plan to Return Funds
A comprehensive look at FTX's revised proposal to conclude its bankruptcy proceedings, including details on valuing claims, estimated payouts, treatment of key players, and next steps in the process.
Sjuul Follings
By outlining a process for efficiently valuing claims and distributing billions to creditors, FTX's proposal offers the most substantive guidance to date on concluding its high-profile bankruptcy. Addressing critical issues around the treatment of key players like SBF remains integral to determining recovery rates. Ongoing transparency as the plan progresses through legal procedures will help restore confidence shaken by the exchange's downfall.
Tether CEO Paolo Ardoino disclosed more details on the company's collaborations with the FBI and Secret Service in letters sent to US lawmakers, underscoring Tether's dedication to security and compliance.
Sjuul Follings
The letters from Tether's CEO offer valuable insight into the stablecoin issuer's collaborations with key US agencies like the FBI and Secret Service. By maintaining open lines of communication and information sharing, Tether and law enforcement are better equipped to identify and disrupt criminal abuse of the USDT system.
Explore our recent crypto analysis: BTC down 4.13%, US500 breakout at $4650.0, Gold's rebound from $2000.0, and ETH's bullish stance above $2,250.0. Gain insights into sentiment, Fear & Greed Index, and key support levels for informed decisions.
Sjuul Follings
In this edition: US500 breaks resistance, and ETH maintains bullish momentum above $2,250.0. Our analysis covers key levels, the Fear & Greed Index, and traditional market correlations, offering insights for strategic decision-making.
Gensler Hints Grayscale Ruling Forced SEC to Reevaluate Bitcoin ETFs
US SEC Chair Gary Gensler suggests that the recent Grayscale court decision has prompted the regulator to reconsider its approach to Bitcoin exchange-traded funds (ETFs).
Sjuul Follings
The potential reevaluation of Bitcoin ETFs by the SEC, prompted by the Grayscale court ruling, has generated excitement and anticipation within the cryptocurrency community. If approved, Bitcoin ETFs could pave the way for increased institutional participation, liquidity, and mainstream adoption.
SEC rejects Coinbase's Plea for Crypto-Specific Rules
The U.S. Securities and Exchange Commission (SEC) has denied Coinbase's appeal for new regulations specific to crypto assets. SEC Chair Gary Gensler supports the decision, stating that existing laws are applicable to the cryptocurrency sector.
Sjuul Follings
The SEC's denial of Coinbase's request for new crypto rules reflects its stance that the current regulatory framework is capable of handling the crypto market. While this decision may provide some clarity, there are concerns about the lack of specific regulations for the ever-growing crypto industry.