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.
Forbes Highlights Emerging Crypto Leaders in Latest 30 Under 30' List
Forbes has included several leaders from the blockchain and crypto industry in its recent '30 Under 30' Finance lineup, highlighting young innovators transforming digital assets.
Sjuul Follings
The inclusion of prominent crypto entrepreneurs on Forbes' prestigious list exemplifies how the industry is attracting top young minds. It also demonstrates how digital assets and distributed ledger technologies have become profoundly impactful in modern finance. With growing representation, more groundbreaking developments can be expected from the next generation of blockchain innovators.
FTX Receives Court Approval to Sell $744 Million In Grayscale Trust Assets
Bankrupt cryptocurrency exchange FTX has been granted permission by a US bankruptcy court to liquidate its multi-million dollar stakes in Grayscale cryptocurrency investment trusts.
Sjuul Follings
The bankruptcy court's approval for FTX to begin selling its Grayscale trust assets is an essential step as the collapsed exchange works to recover value and address
obligations resulting from its demise. How the sales are executed will influence both the company's restructuring prospects and short-term crypto market dynamics.
Soccer Superstar Cristiano Ronaldo Sued for Promoting Binance Crypto Exchange
Portuguese soccer star Cristiano Ronaldo is facing a proposed class-action lawsuit for his promotion of cryptocurrency exchange Binance, which allegedly sold unregistered securities.
Sjuul Follings
Cristiano Ronaldo is facing legal action over his highly successful promotion of Binance, based on claims the exchange sold unregistered securities to investors without proper registration or disclosures. As one of the most followed people globally, Ronaldo's endorsement is argued to have significantly boosted Binance user activity and trading volumes. It remains to be seen how the class action lawsuit against the soccer star will play out.
SEC Requests Comments on Franklin Templeton and Hashdex Bitcoin ETF Applications
The SEC has opened a public comment period on the spot Bitcoin ETF applications from Franklin Templeton and Hashdex as it weighs approval amid market manipulation concerns.
Sjuul Follings
The SEC is following standard procedures by opening up a public comment period as it thoroughly reviews the Bitcoin ETF applications. The comment period will provide an opportunity for the crypto industry and investors to formally voice their perspectives to argue why a spot bitcoin ETF would not be susceptible to manipulation. A final decision is still pending.
CZ and Binance Not in the Clear Yet as SEC Investigation into Binance US Continues
The SEC is seeking more evidence of alleged backdoor control of customer assets at Binance US, resembling FTX's structure. CZ awaits the court's decision on travel restrictions.
Sjuul Follings
The SEC is widening its probe into Binance US for potential control over assets, like FTX, while CZ awaits a decision that could allow him to travel overseas again before his sentencing. The developments show both entities still have ongoing issues with US regulators.
Mt. Gox Creditors Anticipate Cash Repayments in 2023
After years of anticipation, Mt. Gox creditors are poised to finally receive cash repayments in 2023. The upcoming reimbursements, distributed in both cryptocurrencies and fiat money, will signify a pivotal moment in the exchange's history.
Sjuul Follings
Nearly a decade after the bankruptcy of Mt. Gox, the defunct cryptocurrency exchange, creditors are eagerly expecting cash repayments scheduled for 2023. The repayments, comprising cryptocurrencies and fiat money, mark a significant milestone in this long-standing saga.
Congressman Davidson Advocates for SEC Chief's Dismissal Amid Crypto Disputes
Congressman Warren Davidson and pro-XRP attorney John E. Deaton raise concerns about SEC Chair Gary Gensler's increasing enforcement actions and demand his removal.
Sjuul Follings
in the wake of increasing SEC enforcement actions against crypto entities, Congressman Davidson and pro-XRP attorney Deaton voice concerns, culminating in a renewed call for the dismissal of SEC Chairperson Gensler.
Explore the latest crypto market dynamics, with BTC surging by 1.42% and altcoins following suit. US500 maintains a bullish stance but faces resistance at 4650.0, while Gold tests a critical level at 2000.0. Dive into detailed analyses, key levels, and percentage movements shaping the financial landscape.
Sjuul Follings
In this edition: BTC leads the crypto charge with a 1.42% rise, aligning with a positive trend in altcoins. US500 remains bullish but encounters resistance at 4650.0, while Gold tests resilience at the 2000.0 mark.
Bitstamp Clarifies Bitcoin Outflow Amidst Data Discrepancy
Bitstamp addresses the discrepancy in Bitcoin outflow data, asserting a 1% depletion of its holdings in contrast to reported figures. The exchange seeks to provide transparency amidst concerns over the accuracy of the information.
Sjuul Follings
Bitstamp responds to data indicating significant Bitcoin outflows, asserting a 1% reduction in holdings contrary to reported figures. The exchange aims to maintain transparency amid discrepancies, addressing concerns regarding the accuracy of the disclosed information.
US Justice Department Confiscates $9M in Tether Linked to 'Pig Butchering' Scams
The U.S. DOJ seizes $9 million in Tether linked to fraudulent activities, highlighting the increasing vigilance in tracing and penalizing cybercriminal activities within the crypto space.
Sjuul Follings
The U.S. DOJ has seized $9 million worth of the Tether stablecoin, linked to a fraudulent organization employing a pig butchering scam, reflecting the increased scrutiny on illicit activities in the cryptocurrency ecosystem.