Confrontation of the Giants: Satoshi vs. Saylor
➡️ Satoshi's legendary 1.1 million hoard of
BTC is unrivaled, but Strategy is closing the gap with 506k BTC .
➡️ Thanks to a recent $584.1 million purchase, the firm now owns nearly half of Satoshi's Bitcoin assets , reinforcing its dominance as the leading corporate holder.
➡️ Satoshi's legendary 1.1 million hoard of
BTC is unrivaled, but Strategy is closing the gap with 506k BTC .
➡️ Thanks to a recent $584.1 million purchase, the firm now owns nearly half of Satoshi's Bitcoin assets , reinforcing its dominance as the leading corporate holder.
🤝 SEC and Ripple finally dismiss the case
Today, Ripple agreed to withdraw its appeal and pay only $50 million of the original $125 million fine.
In response, the SEC will also withdraw its appeal and ask the judge to lift the restrictions imposed on the company.
Once all formalities are completed, the case will be finally closed.
Today, Ripple agreed to withdraw its appeal and pay only $50 million of the original $125 million fine.
In response, the SEC will also withdraw its appeal and ask the judge to lift the restrictions imposed on the company.
Once all formalities are completed, the case will be finally closed.
🤝 SEC and Ripple finally dismiss the case
Today, Ripple agreed to withdraw its appeal and pay only $50 million of the original $125 million fine.
In response, the SEC will also withdraw its appeal and ask the judge to lift the restrictions imposed on the company.
Once all formalities are completed, the case will be finally closed.
Today, Ripple agreed to withdraw its appeal and pay only $50 million of the original $125 million fine.
In response, the SEC will also withdraw its appeal and ask the judge to lift the restrictions imposed on the company.
Once all formalities are completed, the case will be finally closed.
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📊 Folks on Twitter are summarizing Trump's two-month presidency:
- Tesla stock: $10,000 invested the week of the inauguration has fallen to $5208 in early March and $6278 currently.
- Bitcoin: a $10,000 investment would be worth $7981 today.
- Ethereum: a $10,000 investment has dropped to $5285.
- Gold was the only asset to show growth - the same $10,000 in January turned into $11,531 today.
- Tesla stock: $10,000 invested the week of the inauguration has fallen to $5208 in early March and $6278 currently.
- Bitcoin: a $10,000 investment would be worth $7981 today.
- Ethereum: a $10,000 investment has dropped to $5285.
- Gold was the only asset to show growth - the same $10,000 in January turned into $11,531 today.
🇺🇸 Paul Atkins, Trump's nominee, endorsed by Senate committee to head SEC
🖤 The committee voted: 13 in favor, 11 against. Now it's on to the final vote in the Senate.
🖤 Atkins is seen as crypto-friendly - he will replace the retiring Gary Gensler, and will likely finally roll back the old “regulation by lawsuit” policy.
🖤 Senator Elizabeth Warren has already criticized the appointment, calling it a “gift to crypto fraudsters,” and also mentioned Musk and the SBF.
🖤 The committee voted: 13 in favor, 11 against. Now it's on to the final vote in the Senate.
🖤 Atkins is seen as crypto-friendly - he will replace the retiring Gary Gensler, and will likely finally roll back the old “regulation by lawsuit” policy.
🖤 Senator Elizabeth Warren has already criticized the appointment, calling it a “gift to crypto fraudsters,” and also mentioned Musk and the SBF.
🔍 The market is actively discussing the decoupling of bitcoin from the S&P 500 index
One of two things:
1) BTC has transformed into a standalone asset type in this crisis
2) BTC is simply lagging behind the S&P 500 and we have a leading signal ahead of an even bigger drop
Meanwhile, the head of CryptoQuant believes that we have officially entered a bear market
One of two things:
1) BTC has transformed into a standalone asset type in this crisis
2) BTC is simply lagging behind the S&P 500 and we have a leading signal ahead of an even bigger drop
Meanwhile, the head of CryptoQuant believes that we have officially entered a bear market
❌ FTX has canceled more than $2.5 billion in customer claims due to KYC violations
Nearly 400,000 users failed to verify before the March 3 deadline - their claims were completely rejected.
▶️Общая the sum of rejected claims could exceed $3.3 billion.
▶️FTX is preparing to start paying major creditors from May 30 - $11.4 billion will be repaid at November 2022 exchange rates.
🙊 According to FTX's lawyers, they have received “27 quintillion filings” in the process - of course this is sarcasm, but it clearly conveys the level of absurdity and the number of fake claims.
Nearly 400,000 users failed to verify before the March 3 deadline - their claims were completely rejected.
▶️Общая the sum of rejected claims could exceed $3.3 billion.
▶️FTX is preparing to start paying major creditors from May 30 - $11.4 billion will be repaid at November 2022 exchange rates.
🙊 According to FTX's lawyers, they have received “27 quintillion filings” in the process - of course this is sarcasm, but it clearly conveys the level of absurdity and the number of fake claims.
🆕 Paul Atkins is the new SEC chairman
Senate voted 52-44
During a Senate Banking Committee hearing in March, Atkins promised to make ensuring a strong regulatory framework for digital assets a top priority of his administration
He also promised to undo some of the SEC's regulatory approaches under Gary Gensler
Senate voted 52-44
During a Senate Banking Committee hearing in March, Atkins promised to make ensuring a strong regulatory framework for digital assets a top priority of his administration
He also promised to undo some of the SEC's regulatory approaches under Gary Gensler