Sudeb

@sudeb99

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🚨🇺🇸 Chris Larsen, Co-founder of Ripple, has donated $1 million in XRP to Kamala Harris’s presidential bid.

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🚨🇺🇸 The FBI has introduced “NexFundAI”, to expose suspects involved in crypto fraud and market manipulation.

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🚨 Peter Todd has denied the claims made in HBO documentary that he is the creator of Bitcoin, Satoshi Nakamoto.

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🚨 IcomTech founder David Carmona sentenced to nearly 10 years for cryptocurrency investment scheme Scam.

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🚨 Len Sassaman, a well-known expert in cryptography who passed away in 2011, is being speculated as the potential real identity of Satoshi Nakamoto, the creator of Bitcoin. What do you think?

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🚨🇺🇸🇮🇳 BlackRock and Jio Financial Services Agree to Form Joint Venture to Enter India's Asset Management Industry

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🔥 CZ made over $25M per day while in prison Forbes estimates that ex-Binance CEO Changpeng Zhao's fortune grew by about $3B by the time he was released from prison Thus, he earned about $25M per day during his time in prison

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🚨🇮🇳 SEBI limits weekly options to one per exchange and raises the minimum contract size to 1.5 million rupees.

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🚨 JUST IN: Digital asset investment products saw $1.2B in inflows, marking the third consecutive week. 💰 Bitcoin led with $1B, while Ethereum ended its 5-week outflow streak, bringing in $87M.

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🇺🇸 Cantor Fitzgerald's CEO says Bitcoin should be treated like gold and is launching a $2 billion Bitcoin lending program.

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🇺🇸 𝗕𝗟𝗔𝗖𝗞𝗥𝗢𝗖𝗞 𝗣𝗔𝗥𝗧𝗡𝗘𝗥𝗦 𝗘𝗧𝗛𝗘𝗡𝗔 𝗟𝗔𝗕𝗦 𝗧𝗢 𝗟𝗔𝗨𝗡𝗖𝗛 𝗨𝗦𝗧𝗕 𝗦𝗧𝗔𝗕𝗟𝗘𝗖𝗢𝗜𝗡

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🚨🇺🇸CONGRESS CRITICIZES SEC’S CRYPTO REGULATION AT OVERSIGHT HEARING Lawmakers and SEC Commissioner Hester Peirce criticized Chair Gary Gensler’s unclear crypto regulations. Congressman Loudermilk accused Gensler of creating confusion and damaging the SEC’s credibility. Clearer crypto guidelines were urged by Congress. Source: Cryptopolition

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🚨🇺🇸SEAN ‘DIDDY’ COMBS MOVED TO SAME JAIL AS SAM BANKMAN-FRIED Sean ‘Diddy’ Combs has been transferred to the same Brooklyn Detention Center unit as former FTX CEO Sam Bankman-Fried. Both are housed in a special section designed for high-profile individuals requiring extra protection. Combs, facing charges related to conspiracy and sex trafficking, was moved following his recent arrest. Source: NBC New York

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🚨🇺🇸 SEC’S CRYPTO RULES FACE PUSHBACK FROM CONGRESS Republican lawmakers are pushing back against the SEC’s crypto accounting rules, urging the agency to reconsider. These rules, which require companies to report crypto as liabilities, are causing concern among investors. Critics argue that the regulations could stifle innovation and damage liquidity in the crypto market. Source: Axios

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📉 RAOUL PAL PREDICTS MASSIVE BITCOIN RALLY TO $200K BY EARLY 2025 Macro expert Raoul Pal has set a massive price target for Bitcoin, predicting a surge to over $200,000 by early next year. In a video on Real Vision, Pal shared that Bitcoin is repeating its 2023 rally “perfectly” and is poised to take off with global liquidity cycles aligning. With Bitcoin currently trading at $63,249, Pal believes now is the time for the crypto’s next big move. Source: The Daily Hodl

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🪙 HAMSTER KOMBAT’S SEASON 1 SNAPSHOT SPARKS CONTROVERSY Hamster Kombat’s Season 1 airdrop snapshot has caused widespread frustration among players, with over 63% disqualified due to last-minute rule changes. Despite the backlash, the team remains optimistic about Season 2, set to launch on September 26. Concerns have also arisen over the potential $0.01 listing price for HMSTR tokens. Source: BeInCrypto

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🇺🇸 BLACKROCK’S BITCOIN ETF APPROVED BY SEC BlackRock’s spot Bitcoin ETF has received approval from the SEC. Unlike previous products, this one will involve actual Bitcoin, not just futures contracts. This approval could attract big investors, with expectations of significant inflows of capital. Builders and traders are eyeing this move as a potential market catalyst, sparking renewed activity in the crypto space. Source: Bloomberg

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🇺🇸 US LAWMAKER ACCUSES SEC OF 'ENFORCEMENT ABUSE' IN CRYPTO Arkansas Representative French Hill accused SEC Chair Gary Gensler of causing “confusion and uncertainty” in crypto markets. He claims the SEC’s enforcement actions harm innovation. The issue was raised during a House subcommittee hearing, where alternative regulatory approaches were discussed. Critics argue the SEC’s aggressive stance is limiting progress in the U.S. crypto industry. 🌐Source: Cointelegraph

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BlackRock published a great Bitcoin report Key chart 📉: “BITCOIN’S LONG-TERM PERFORMANCE” The chart shows Bitcoin’s price movements from 2010 to 2024, highlighting four major bull and bear cycles: • First Cycle: 592x gain, -93% drop. • Second Cycle: 555x gain, -84% drop. • Third Cycle: 104x gain, -83% drop. • Fourth Cycle: 21x gain, -77% drop. Despite high volatility, Bitcoin’s cumulative return is 807,000x over 14 years. The overall trend shows significant long-term growth, outpacing bear market losses.

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📉 VC FUNDS FLOW BACK INTO CRYPTO—$2.2B RAISED IN 2024! Venture capital is returning to crypto, with $2.2 billion raised in 2024, nearing last year’s $2.6 billion. The market’s rebound from the FTX scandal and regulatory issues is drawing VCs back. With Bitcoin ETFs by firms like BlackRock and more funds being raised, PitchBook forecasts a full crypto VC resurgence by 2026. 🌐Source: DL News

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