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Introduction FTX estate debtors recently submitted a proposal to reimburse customer assets based on their value as of November 11, 2022. However, this plan has faced significant objections from FTX customers, who are dissatisfied with various aspects of the proposed compensation. Let's delve into the objections raised and the concerns expressed by these customers. Objection […]

Lone Sniper Hits $7 Million Jackpot, Trio of Traders Net $1 Million Apiece During SAVM Crypto Launch A recent report from Arkham Intelligence revealed that the launch of the satoshivm (SAVM) token two days ago resulted in three skilled crypto traders, known as snipers, earning a profit of $1 million each. The most successful sniper

Self-Directed gold IRAs are great because they let you invest in precious metals without needing to deal with any middlemen. In fact, these accounts are so simple that even your grandmother could set it up! When you buy physical silver, gold palladium, platinum, Rhodium bars, coins, rounds and bullion, you get instant liquidity. However, if

Dimon's Advice: Don't Get Involved Jamie Dimon, the CEO of JPMorgan Chase, has advised investors to stay away from bitcoin. In an interview with CNBC, Dimon stated, "My personal advice is don't get involved. But I don't want to tell anyone what to do. It's a free country." While acknowledging that individuals have the right

Market Sentiment Wary Amid Fed's Strategies for 2024 The leading trio of U.S. stock indices — Dow Jones Industrial Average, Nasdaq Composite, and the S&P 500 — experienced a downturn on Wednesday afternoon. This decline coincided with a rise in 10-year Treasury yields, which jumped 0.98% to 4.102%. Concurrently, gold’s value decreased by a percentage

Global Asset Management Firm's Senior Analyst Recommends Buying Bitcoin Dip A senior analyst specializing in digital assets at global asset management firm Alliance Bernstein, Gautam Chhugani, has advised investors to buy the bitcoin dip. In a client note reviewed by Yahoo Finance, Chhugani emphasized the importance of focusing on the new bitcoin adoption cycle. He

Introduction Hong Kong is strengthening its crypto regulatory framework and embracing exchange-traded funds (ETFs). In line with these developments, the Hong Kong Virtual Asset Consortium (HKVAC) has made revisions to its crypto indexes, prioritizing tokens with strong market performance and growing industry partnerships. This article explores the recent updates made by the HKVAC and the

The Decision to Shut Down the Gamestop NFT Marketplace Gamestop, the renowned company listed on the New York Stock Exchange (NYSE: GME), has recently announced its intention to close its non-fungible token (NFT) marketplace on February 2, 2024. Users of the Gamestop NFT market will no longer have the ability to buy, sell, or create

U.S. Senator Elizabeth Warren has expressed her disapproval of the U.S. Securities and Exchange Commission (SEC) for approving spot bitcoin exchange-traded funds (ETFs). She strongly believes that the securities regulator is making a mistake both legally and in terms of policy when it comes to the decision on bitcoin ETFs. Senator Warren's Criticism of SEC's

Introduction Recent blockchain analytics have revealed that Grayscale's Bitcoin Trust (GBTC) has transferred 4,000 bitcoins, worth approximately $175 million, to Coinbase. These transfers were conducted in four separate batches of 1,000 bitcoins each. The news of these transactions comes at a time when the financial world is abuzz with the debut of a new spot