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.
Amid regulatory challenges and a change in leadership, Binance, a leading crypto exchange, processed nearly $1 billion in net outflows. Despite concerns, the exchange's substantial token reserves alleviate fears of potential insolvency.
Sjuul Follings
Binance, under scrutiny due to criminal charges and the resignation of CEO Changpeng 'CZ' Zhao, faced nearly $1 billion in net outflows. Despite this, the exchange's reserves of over $67 billion in tokens and stablecoins provide reassurance against solvency concerns.
Dive into our comprehensive market analysis revealing a 1% dip in Bitcoin, signaling a bearish trend. Explore the US500 index's bullish run and the DXY's drop to 102.5. Gold tests the 2000.0 resistance, while USDT.D hovers at 6.5%. Gain insights for strategic decisions in the crypto and traditional markets.
Sjuul Follings
In this edition: Uncover market dynamics with a 1% Bitcoin dip signaling bearish sentiment, US500 index bullish at 4580.0, DXY drops to 102.5, Gold tests 2000.0 resistance, and USDT.D hovers at 6.5%.
Bithumb Ex-Chairman's Legal Battle Could Set Precedent for Crypto Exchanges
Lee Jeong-hoon, former Bithumb chairman, faces an eight-year prison sentence in an appeal verdict scheduled for January 18, which could establish a legal precedent for cryptocurrency exchanges and governance.
Sjuul Follings
The legal battle involving Lee Jeong-hoon, former chairman of Bithumb, a major South Korean cryptocurrency exchange, could establish a precedent for the sector as he faces fraud charges. The outcome of the appeal may influence the future of Bithumb and its cryptocurrency token, BXA.
USDT.D bears at 6.4%, BTC navigating 38,000-40,000 resistance, and altcoins like KLAY, DYDX, CFX, ADA, and DOT show distinctive levels in this comprehensive market analysis.
Sjuul Follings
Dive into our market analysis revealing a 6.4% drop in USDT.D, BTC's bullish path facing a 38,000-40,000 resistance zone, and detailed insights on altcoins KLAY, DYDX, CFX, ADA, and DOT.
Navigating the Crypto Seas: Understanding the Recent Shifts in Futures Funding Rates
Explore the recent shifts in crypto futures funding rates as the market experiences turbulence. Understanding the dynamics of open interest, funding rates, and liquidations provides insights into the evolving cryptocurrency landscape.
Sjuul Follings
Discover the recent highs and subsequent normalization in crypto futures funding rates, unraveling the impact on open interest, liquidations, and market corrections in the dynamic cryptocurrency space.
Chainlink's Meteoric Rise in Transactions and Value
Explore the factors driving Chainlink's LINK token to a 95% surge in the past month, including bullish on-chain metrics, increased daily transactions, and strategic partnerships.
Sjuul Follings
Chainlink's LINK token skyrockets 95% in a month, backed by a surge in daily transactions, bullish on-chain metrics, and strategic collaborations, indicating its rising prominence.
Discover how a fake XRP ETF filing attributed to BlackRock led to a fleeting price surge and significant liquidations, impacting the cryptocurrency market.
Sjuul Follings
A false BlackRock XRP ETF filing caused a brief XRP price surge, resulting in over $6.2 million in liquidations, highlighting market vulnerability to misinformation.
Welcome to the First-ever Layer 0, Polkadot (DOT). Polkadot is designed to be more scalable than the leading network, Ethereum. Parachains can work as bridges to other major networks and have Layer 2 blockchains built on top of them.
Sjuul Follings
This is a complete review on Polkadot (DOT). We will dive into what it is, how ti works and what lies ahead for the future of Polkadot.