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.
Bitcoin surges past $41,000 as broader crypto market rallies.
Bitcoin price has risen nearly 10% over the past week, surpassing $41,000 for the first time since May 2022 amid positive market sentiment.
Sjuul Follings
The latest Bitcoin and crypto market rally signals investors' growing confidence after a punishing bear market. Macroeconomic and regulatory headwinds still exist, so sustainability of upbeat sentiment remains uncertain. But for now, the technical and on-chain metrics coupled with improving industry vibes point to further price appreciation potential in the near term. Of course, investors must manage risks prudently in this still volatile sector.
Bitcoin ETF Approval Dates in January 2023: What Investors Can Expect
A look at the upcoming Bitcoin ETF decision dates from the SEC in January and what outcome is most likely based on recent regulatory developments.
Sjuul Follings
2023 could mark a watershed year if US regulators finally embrace spot bitcoin ETFs. Continued progress in January would send bullish signals for greater mainstream crypto adoption and investment. However, investors still await definitive rulings from the SEC.
Bitcoin's Top of Funnel is Becoming Less Noisy with the Rise of ETFs, Suggests Swan Bitcoin CEO Cory Klippsten
A deeper exploration of Swan Bitcoin CEO Cory Klippsten's perspective on how Bitcoin ETFs may simplify newcomers' initial exposure to cryptocurrency by reducing noisy marketing and complexity at the top of the funnel.
Sjuul Follings
As Bitcoin ETFs continue launching and their value rises, cryptocurrency investing may finally go mainstream. By optimizing the onboarding process, ETFs could light the path toward extending crypto's reach much further. Only time will tell if this widespread adoption unfolds as anticipated.
Bitcoin Eyes $40,000 as Crypto Market Cap Hits $1.5 Trillion
As the total cryptocurrency market cap surpasses $1.5 trillion, will Bitcoin reach $40,000 next? This article analyzes price trends and predictions.
Sjuul Follings
While no one can predict the Bitcoin price with certainty, the market seems primed for an assault on $40,000 in the coming weeks or months. Positive signals like rising institutional participation and increasing geopolitical acceptance counter lingering macro risks. For now, bulls have control - but volatility remains high and profit-taking could lead to short-term dips. Investors await the next big price catalyst as Bitcoin matures into a more mainstream market.
The IRS has filed tax claims totaling $24 billion against Sam Bankman-Fried's collapsed FTX exchange, in a devastating blow that FTX is pushing back against in bankruptcy court.
Sjuul Follings
The IRS tax actions against collapsed crypto exchange FTX introduce a new complication threatening its recovery attempts. How FTX's legal challenge proceeds against the $24 billion tax assertion will be closely watched as a test case with broad implications for regulatory cooperation dynamics going forward.
KuCoin Partners with TON Foundation to Support Ecosystem Growth with $20K Initial Grant
KuCoin Ventures will provide $20,000 in initial grants to The Open Network (TON) blockchain platform to support ecosystem expansion including payments and gaming projects.
Sjuul Follings
The initial $20K grant from KuCoin Ventures will help fuel five emerging TON-based projects and spread awareness of the platform's capabilities. It also lays the groundwork for deeper cooperation between the two organizations going forward.
Celsius Network's Move to Bitcoin Mining Deemed Risky by Judge, Creditors Skeptical
Celsius Network's plan to pivot from lending to Bitcoin mining faces obstacles as a US judge suggests creditors may reject the change and demand a new vote.
Sjuul Follings
While Bitcoin mining could address some of Celsius' regulatory issues, transitioning a major business in bankruptcy comes with substantial hurdles to clear. The road ahead remains long and bumpy. Further updates on creditor votes and regulatory responses will be needed to see if Celsius' mining pivot has a clear path forward or if alternatives are explored.
SEC Engages in Meetings with Grayscale and BlackRock to Discuss Bitcoin ETFs
Learn about the recent meetings held by the SEC with Grayscale and BlackRock to discuss the potential approval of Bitcoin exchange-traded funds (ETFs). Stay informed about the regulatory progress and its potential impact on the cryptocurrency market.
Sjuul Follings
The U.S. Securities and Exchange Commission (SEC) has engaged in meetings with industry leaders Grayscale and BlackRock to discuss Bitcoin ETFs. Explore the regulatory developments, potential benefits, and risks associated with these investment vehicles. Stay updated on the latest news and the potential impact on the price of Bitcoin.
SEC Chair Gensler Keeps Investors Guessing on Spot Bitcoin ETFs
SEC Chair Gensler's stance on spot Bitcoin ETFS remains undisclosed, leaving the crypto industry in suspense. Learn about the implications for the industry and the significance of regulatory decisions.
Sjuul Follings
SEC Chair Gary Gensler's silence on spot Bitcoin ETFs has left the industry uncertain. While recognizing Bitcoin as a commodity, he remains cautious about the risks. Asset managers eagerly await SEC approval, but the prolonged waiting period has created uncertainty. Gensler's support for CFTC authority and regulatory compliance shows commitment to investor protection. The crypto industry eagerly awaits clarity or the SEC's stance
Explore the latest cryptocurrency analysis for 2023, featuring insights into USDT.D's consolidation, BTC's bullish trajectory with caution, and detailed assessments of altcoins SOL, DOGE, MKR, ROSE, and SKL.
Sjuul Follings
The edition unfolds with USDT.D's month-long consolidation around a strong resistance, signaling an impending breakout. BTC navigates a bullish trajectory but faces resistance; and potential trade setups on SOL, DOGE, MKR, ROSE, and SKL.