Shamseer

@shamzy8

251 Following

296 Followers

Shamseer pfp

0 reply

0 recast

0 reaction

Shamseer pfp

Grayscale ETHE Outflows: Grayscale's ETHE fund experienced a significant net outflow of $8.2 million. Projections indicate that by mid-November, the cumulative outflow could reach 50%.

0 reply

0 recast

0 reaction

Shamseer pfp

Crypto Market Decline in "Uptober": The traditionally bullish "Uptober" sentiment in the crypto market has taken a hit, with the market losing $200 billion in value since the beginning of the month, impacting the enthusiasm on social media.

0 reply

0 recast

0 reaction

Shamseer pfp

FTX Estate Auctions Worldcoin Tokens: The FTX estate plans to auction 22.3 million locked Worldcoin (WLD) tokens, potentially offering up to 75% discounts off their current market value. The auction is part of FTX's strategy to recover funds for creditors.

0 reply

0 recast

0 reaction

Shamseer pfp

0 reply

0 recast

0 reaction

Shamseer pfp

Cathie Wood's ARK Invest on AI and Crypto: ARK Invest suggested that tech giants like Apple and Google may struggle to dominate in AI, a field that intersects with cryptocurrency innovation, potentially affecting their future strategies.

0 reply

0 recast

0 reaction

Shamseer pfp

Bitcoin ETFs Experience a Sharp Outflow: Bitcoin ETFs have seen the largest outflow in a month due to increasing geopolitical tensions, particularly related to conflicts in the Middle East.

0 reply

0 recast

0 reaction

Shamseer pfp

Fetch.Ai Faces Profit Challenges: Despite recent positive trends, Fetch.Ai (FET) is struggling to maintain price momentum as 27% of its token supply has reached profitable levels, creating potential selling pressure.

0 reply

0 recast

0 reaction

Shamseer pfp

Crypto Exchange Gemini to Exit Canada: Gemini is closing all Canadian accounts by the end of 2024, giving users 90 days to withdraw funds. This decision comes amid tightening regulations in the country.

0 reply

0 recast

1 reaction

Shamseer pfp

Binance CEO Changpeng Zhao released from prison: The founder of Binance, Changpeng Zhao, was recently released from prison. His arrest had previously shaken the crypto market, and his release could influence Binance’s future in the crypto space.

0 reply

0 recast

0 reaction

Shamseer pfp

Crypto ETFs see significant inflows: Bitcoin ETFs have hit $1 billion in weekly inflows, with analysts predicting a FOMO (fear of missing out)-driven rally. This indicates growing interest in Bitcoin and could trigger more investments into the broader crypto space.

0 reply

0 recast

0 reaction

Shamseer pfp

Fake Wallet App Scandal: A fake cryptocurrency wallet app on Google Play has been downloaded over 10,000 times, resulting in $70,000 in crypto theft. The app has since been removed, but it highlights the risks in the crypto space.

0 reply

0 recast

0 reaction

Shamseer pfp

Bitcoin ETF Inflows Surge: Spot Bitcoin ETFs have witnessed a fourth consecutive day of net inflows, signaling increased institutional interest in Bitcoin despite broader market uncertainty

0 reply

0 recast

0 reaction

Shamseer pfp

Canada crypto exchanges granted more time for stablecoin compliance: Canadian regulators have extended the deadline for exchanges to comply with new stablecoin regulations, giving companies additional time to adapt.

0 reply

0 recast

0 reaction

Shamseer pfp

Solana market cap projection: Asset manager VanEck has projected Solana’s market cap could hit 50% of Ethereum’s, driven by its superior transaction throughput. This speculation has sparked excitement in the Solana community.

0 reply

0 recast

0 reaction

Shamseer pfp

Ethereum Price Prediction: Ethereum is expected to maintain its price stability in the coming days, with projections showing a potential high of $2,760 by late October 2024.

0 reply

0 recast

0 reaction

Shamseer pfp

Tether and Circle Revenue Impact: Research indicates that each 50 basis point cut by the Federal Reserve could lead to a significant revenue drop for stablecoin issuers. Tether might lose $488 million in annual revenue, while Circle could see a reduction of $144 million.

0 reply

0 recast

0 reaction

Shamseer pfp

Bitcoin Mining Difficulty: Bitcoin's mining difficulty has decreased by 4.6% to 88.4 T as of September 26, 2024, reflecting changes in network computing power. This adjustment occurred at block height 862,848.

0 reply

0 recast

0 reaction

Shamseer pfp

SEC Enforcement Actions: SEC Chairman Gary Gensler revealed that the commission levied $4.9 billion in fines and disgorgements in 2023, initiating 784 enforcement actions. This was shared during a congressional testimony to highlight the SEC's recent efforts.

0 reply

0 recast

0 reaction

Shamseer pfp

Dubai’s New Crypto Regulations: The Virtual Assets Regulatory Authority (VARA) in Dubai has introduced stricter rules for crypto marketing, aiming to protect investors and ensure greater transparency.

0 reply

0 recast

0 reaction