c37513757

@c37513757

199 Following

94 Followers

c37513757 pfp

Nine platforms have secured licenses from the Securities and Futures Commission (SFC) so far. HashKey obtained its license in November 2022 and was one of only two licensed exchanges in Hong Kong until late 2024.

0 reply

0 recast

0 reaction

c37513757 pfp

This pattern of trade has raised concerns about potential market manipulation as the TRUMP memecoin continues to dominate headlines.

0 reply

0 recast

0 reaction

c37513757 pfp

Onchain data reveals that the wallet purchased $5.9 million worth of TRUMP tokens in the first minute of its launch and later sold $20 million while retaining $96 million in tokens. TRUMP tokens were then routed through a wallet and distributed to 10 other wallets, now actively selling on Solana decentralized exchanges (DEXs).

0 reply

0 recast

0 reaction

c37513757 pfp

On Jan. 18, Bubblemaps, an onchain analytics firm, investigated a crypto wallet funded with $1 million four hours before the TRUMP token’s launch.

0 reply

0 recast

0 reaction

c37513757 pfp

On Jan. 1, cryptocurrency prediction platform Polymarket said the odds of a US Solana ETF listing in 2025 are around 77%. In a post on the X platform, Sigel described Polymarket’s forecast as “underpriced.”

0 reply

10 recasts

5 reactions

c37513757 pfp

Before Council’s alleged actions, many in the crypto industry had been expecting the SEC to announce a decision on whether US exchanges would be permitted to list spot ETFs tied to Bitcoin. US authorities alleged Council was part of a group that took control of the SEC’s X account through a SIM swap attack, with the post causing the price of BTC to briefly surge by more than $1,000.

0 reply

8 recasts

16 reactions

c37513757 pfp

A Senate committee vote to re-nominate Commissioner Caroline Crenshaw, a Democrat, to the Securities and Exchange Commission (SEC) has been postponed, leaving her position at the agency up in the air.

0 reply

1 recast

1 reaction

c37513757 pfp

“Those products need to be properly designed and marketed to the right consumers to ensure Australians receive appropriate protections,” he added.

0 reply

1 recast

1 reaction

c37513757 pfp

Since the launch of US spot Bitcoin exchange-traded funds (ETFs) in January, major institutions, including BlackRock, have amassed large amounts of Bitcoin.

0 reply

2 recasts

14 reactions

c37513757 pfp

This presents a newfound risk for Bitcoin, according to Anndy Lian, author and intergovernmental blockchain expert.

0 reply

1 recast

10 reactions

c37513757 pfp

But as Bitcoin accumulates in the hands of a few large financial institutions and “whales,” its potential for wealth redistribution is increasingly questioned.

0 reply

1 recast

11 reactions

c37513757 pfp

Bitcoin’s decentralization initially made it a safe-haven asset for those seeking to build wealth outside traditional finance systems.

0 reply

1 recast

12 reactions

c37513757 pfp

While Bitcoin’s leading returns presented a significant opportunity for early investors, some industry experts worry that it’s too late for current investors to adopt Bitcoin as a means of creating more economic equality and bridging the wealth gap.

0 reply

1 recast

12 reactions

c37513757 pfp

Bitcoin has generated more than 893,000 times its value since August 2011, presenting life-changing opportunities for long-term holders. According to Bitstamp data, Bitcoin’s trajectory has made it one of the most profitable assets in history.

0 reply

1 recast

11 reactions

c37513757 pfp

While it has since fallen back below the mark, the asset is still up 32.1% over the past month and over 120% year-to-date, outshining most traditional finance products.

0 reply

1 recast

9 reactions

c37513757 pfp

Bitcoin’s historic price milestone on Dec. 5, surpassing $100,000 for the first time, is ushering in a new era of digital wealth creation. This milestone may provide a potential solution to bridge the growing wealth gap, but it also raises concerns over its role in exacerbating wealth inequality.

0 reply

1 recast

7 reactions

c37513757 pfp

itcoin was trading at $97,580 at the time of writing, down 4.9% over the previous 24 hours.

0 reply

1 recast

7 reactions

c37513757 pfp

Governments hold 2,856 Bitcoin, while asset management firms and private firms hold 1,253 Bitcoin and 410,418 Bitcoin, respectively.

0 reply

1 recast

7 reactions

c37513757 pfp

Publicly listed Bitcoin mining companies have spent a combined $3.6 billion on plant, property and equipment (PP&E) upgrades so far this year, underscoring heavy investment in the Bitcoin infrastructure business.

0 reply

17 recasts

32 reactions

c37513757 pfp

Depending on how the Nov. 29 trading day goes, it could be the first week that the US Ether funds beat spot Bitcoin ETFs in net inflow.

0 reply

4 recasts

28 reactions