Ayil Francis (@ayilfrancis) • Hey
Love peace and willing not to make anything disturb it
Publications
- 🇹🇭 Thailand plans to block unauthorized crypto platforms from local users
Thailand's Securities and Exchange Commission has announced that it plans to block local access to unauthorized cryptocurrency platforms, and has asked local investors to move out their funds from such platforms. Following a meeting on April 19 with a government committee on preventing technology-related crimes, the SEC was ordered to submit information on locally unauthorized digital asset service providers to the Ministry of Digital Economy and Society.
- 🇪🇺 MiCA will transform the EU into a crypto adoption hub this year
Markets in Crypto-Assets Regulation (MiCA) was signed into law in June 2023, a framework for twenty-seven countries was finally in place. Although this was a landmark piece of legislation for a region that represents nearly twenty percent of the global economy, MiCA is serving as the beginning of a twelve to eighteen-month process of transition, transformation, and customization; that’s because MiCA includes a “substantial number of Level 2 and Level 3 measures,” as noted by the European Securities and Markets Authorities, that still must be developed and refined.@
- 🚨🚨🚨DeFi platform Hedgey Finance hit by $ 44 million exploit
Hedgey Finance, a token infrastructure platform, has suffered two parallel exploits amounting to a total of $ 44.7 million worth of lost funds.
Hedgey suffered an exploit worth over $ 42.8 million Arbitrum (ARB) tokens on the Arbitrum network, according to an April 19 X post by on-chain security firm Cyvers. The attacker has already deposited part of the funds to the Bybit cryptocurrency exchange.
- 🚨🚨🚨Bitcoin’s fourth halving block sees additional $ 2.4 million reward paid as fee
- 💰 Bitcoin to Hit $ 122,000 in 2024, Predicts Finder’s Latest Survey of Experts
Finder’s latest survey on bitcoin’s (BTC) price involved a unique panel of 31 crypto and fintech experts. The results suggest that BTC could reach a peak of $ 122,000 in 2024, and then settle at $ 109,000 by year’s end. Nick Ranga, the senior crypto and forex analyst at Forextraders, attributes the current uptick in BTC’s value to growing institutional engagement. Ranga is among those experts who foresee BTC reaching its zenith once more in 2024, ultimately closing the year around the $ 100,000 mark per unit.
- 📊 Bitcoin ETF Hype Dies Down, Normalcy Sets In
The initial euphoria for the spot bitcoin ETFs has seemingly dampened and reality is slowly kicking in with inflows recently unable to keep up with the still speedy pace of exits from Grayscale's Bitcoin Trust (GBTC). On last Friday and again on Monday, Fidelity’s Wise Origin Bitcoin Fund (FBTC) had inflows of $ 0, breaking its streak of daily additions that started at launch on January 11. That leaves BlackRock’s iShares Bitcoin Trust (IBIT) as the only spot bitcoin ETF left that's experienced an unbroken string of inflows since the vehicles began trading.
- 🚨🚨🚨 Monday's Market Action Sees $ 36.7 Million Outflow From US Spot Bitcoin ETFs
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of outflows, shedding $ 36.7 million since the outflows on Friday. Additionally, after the close of Monday’s market, Grayscale’s Bitcoin Trust (GBTC) offloaded 2,524.1 bitcoins valued at $ 159.25 million.
- ⚡️⚡️⚡️⚡️⚡️⚡️: 🇩🇪 Germany's Largest Federal Bank LBBW to offer #Bitcoin and Crypto Custody Services to fulfil “increasing” corporate demand❗️ @
- Crypto Trader Loses $ 1 Million Overnight in PEPE Coin Liquidation Bloodbath
Crypto investor "Crypto Nerd" lost $ 1 million due to a leveraged position on PEPE coin that went bad overnight.
PEPE coin price dropped 20%, leading to Crypto Nerd's liquidation and highlighting the volatility of cryptocurrencies.
This event serves as a cautionary tale about the risks of leveraged trading in the crypto market.
In a shocking turn of events, Crypto Nerd, a well-known figure in the crypto world, woke up to a devastating realization: his assets had been liquidated overnight, leaving him with a staggering loss of $ 1 million.@
- 🚨🚨🚨In the past 4 hours , the total liquidations comes in at $ 727.11 million.
- 🚨🚨🚨 In last 1 hr, Total liquidations comes in at $ 208.18 million
- ⚡️JUST IN: BlackRock launches Bitcoin💰 ETF advertising campaign on Bloomberg's homepage.
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BREAKING: SEC moves to sue Uniswap in bid to hobble fast-growing DeFi sector.
$UNI DUMPING HARD
- 🚨🚨🚨 Huge Whale Transfer to Exchanges :
🐳 1,357.35 #BTC ($ 93,247,742) aggregated inflows to #Binance - 30min Ago
🐳 1,365.61 #BTC ($ 94,164,777) aggregated inflows to #Coinbase Pro - 5min Ago
- Whale Holding $ 597,550,000 in Bitcoin Sends BTC to Binance After Being Dormant for Eight Months: Lookonchain
A Bitcoin whale with nearly $ 600 million in BTC has deposited a large amount of its coins to Binance, the largest crypto exchange in the world.
According to blockchain tracking firm Lookonchain, a whale that’s been dormant for the past eight months sent over $ 74.3 million in Bitcoin to Binance and still holds on to $ 597.55 million worth of BTC.
- ✅ Base L2 is now doing more transactions than Ethereum L1 and Arbitrum combined.
- 🪙 Uniswap hits a historic $ 2 trillion in trading volume
The world's most popular decentralized exchange by trading volume announced it has passed a whopping $ 2 trillion in total trading volume. Uniswap Labs announced that the cumulative trading volume transacted using its protocol had hit the historic mark. Since its founding in 2018, Uniswap has been one of the most used DeFi applications on the Ethereum blockchain and the leading decentralized exchange, or DEX, by trading volume.
- 🚨🚨🚨JUST IN : 💰 Solana currently facing a 75% tx fail rate, Highest value so far.
- 💰 Cathie Wood’s ARK Bitcoin ETF Records Daily Outflows Surpassing Grayscale’s GBTC 📉
Cathie Wood’s ARK 21Shares Bitcoin exchange-traded fund (ETF) recorded net outflows exceeding $ 87 million on Tuesday, marking the highest outflow since its inception, as per data from Farside Investors. On April 2, Ark 21Shares Fund’s (ARKB) outflows amounted to $ 87.5 million, equivalent to roughly 1,300 BTC. This marked the second consecutive day of outflows for ARKB, with $ 300,000 on April 1, its first-ever day of being net negative. Grayscale, which has consistently experienced outflows since converting to a spot Bitcoin ETF, also recorded another negative day.
- 🚨🚨🚨 In the past 24 hours , 1,60,962 traders were liquidated , the total liquidations comes in at $ 536.55 million.
The largest single liquidation order happened on Binance - #BTCUSDT value $ 10.02M
- 🪙 Tether becomes seventh largest Bitcoin holder with recent $ 618 million purchase ‼️
Tether (USDT) is now the seventh-largest Bitcoin holder globally, following its purchase of more than 8,000 BTC in the past day, according to Bitinfocharts data. On-chain data shows that the stablecoin issuer received approximately 8,889 BTC, valued at around $ 618 million, from a Bitfinex hot wallet on March 31. This purchase amplified Tether’s total Bitcoin holdings to approximately 75,354 BTC, valued at $ 5.23 billion. Tether now owns 0.3% of the flagship digital asset’s total circulating supply.
- Ripple vs SEC: SEC’s $ 1.95 Billion Demand and XRP’s Potential Sell-Off
In its proposed judgment, the SEC is adamant about Ripple paying a hefty sum of $ 1,950,768,364 within 30 days of the court’s final judgment. If the court rules in favor of the SEC and Ripple opts not to appeal, the company faces the daunting task of raising this massive amount within a tight timeframe.
With such a substantial fine looming, Ripple may explore various avenues to meet the SEC’s demands. One option involves tapping into its XRP holdings, particularly the XRP tokens held in escrow accounts. As of December 2023, Ripple had amassed a significant reserve of 45.77 billion XRP in escrow.
- 🚨🚨🚨 Whale Who Fell Asleep 12 Years Ago Buying #Bitcoin🥇 at $ 8, Wakes Up.
The wallet transferred its entire balance of 500 Bitcoins, worth just under $ 35 million at current prices, to 284 new wallets.
- 🇺🇸 BlackRock and Fidelity now own a combined 389,671 #BTC worth $ 27 billion for their spot ‼️ Bitcoin ETFs.
- ⚡️ Breaking: $WIF surpasses $PEPE in market cap, becoming the world's 3rd largest memecoin.
- 🚨🚨🚨 SEC scores big win in lawsuit against crypto exchange Coinbase
• The Securities and Exchange Commission scored a major win in its lawsuit against Coinbase.
• A judge ruled that the SEC’s claim that the cryptocurrency exchange engaged in unregistered sales of securities could be heard by a jury at trial.
• Coinbase shares were trading around 2.5% lower on news of the ruling in Manhattan federal court.
- Good morning! Your morning crypto round-up☕️🗞️:
• KuCoin Faces Legal Challenges: The U.S. Department of Justice has charged crypto exchange KuCoin and its founders with violating anti-money laundering laws, alleging the exchange operated in the U.S. without proper authorization. KuCoin has assured users that their assets are safe.
• SEC Proposes Fine for Ripple: The Securities and Exchange Commission has requested a nearly $ 2 billion fine against Ripple Labs in a legal filing. The SEC’s action is part of an ongoing legal dispute over whether Ripple’s institutional sales of XRP constituted investment contracts.
• Galaxy Digital Reports Financial Turnaround: Galaxy Digital, a digital asset financial services firm, reported a net income of $ 296 million for 2023, recovering from a $ 1 billion loss in the previous year. The company’s assets under management have increased significantly.
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⚡️⚡️ BREAKING: Nilam Resources Plans to Buy 24,500 ⚡️Bitcoin
South American gold and precious metals producer Nilam Resources announced that it plans to purchase 24,800 Bitcoins (approximately $ 1.7 billion).
- 🚨 Heco Bridge Hacker Moves $ 137 Million in Stolen ETH to Tornado Cash
In a recent development observed by onchain alerts, the entity responsible for exploiting the Heco bridge and siphoning off millions in ethereum late in November 2023 from the conduit bridge connecting Ethereum and the Heco blockchain, transferred 40,391.8 ether to the mixing platform Tornado Cash.
- 🚨🚨🚨🚨UK Court Convicts Woman Found With More Than $ 4.3 Billion in BTC
A British woman, found in possession of bitcoins currently valued at over $ 4.3 billion (£3.4 billion), has been convicted of “entering into a money laundering arrangement.” According to a report, Jian Wen, a resident of London, specialized in converting digital assets into physical assets, such as multimillion-dollar houses and jewelry.
To avoid arousing suspicion, Wen, who previously worked in a takeout restaurant, reportedly posed as an employee of a jewelry company. Despite this, Wen still failed to pass money laundering checks when she attempted to purchase several expensive houses in London. Similarly, her attempts to link the millions of dollars she had to bitcoin mining activities were unsuccessful.
- El Salvador Doubles Down on Bitcoin 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
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https://www.tradingview.com/news/coindesk:eccd148c1094b:0-el-salvador-doubles-down-on-bitcoin/
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https://www.tradingview.com/news/coindesk:eccd148c1094b:0-el-salvador-doubles-down-on-bitcoin/
- ⬜️ Crypto Exchange OKX to End Services in 🇮🇳 India
Crypto exchange OKX notified clients in India that they have until the end of April to wind up their positions because it is ending its service in the world's most populous country as a result of local regulations. The notice – seen by CoinDesk – told the customers they need to close all margin positions, as well as positions in perpetuals, futures and options and withdraw all funds by April 30.
- All eyes on $ 75,000: $ 5 billion worth of ‼️ Bitcoin shorts waiting to be liquidated 👀
- 💰 MicroStrategy bought 9,245 BTC for $ 600 million
The company completed the placement of convertible bonds for $ 603.75 million. The proceeds were used to purchase Bitcoin between March 11 and March 18.
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- 💰 Standard Chartered: Ethereum spot ETFs could still be approved on May 23rd.
If approved, Ethereum spot ETFs could generate inflows of up to $ 45 billion in the first 12 month
- ‼️ $ 200B Financial Group Cetera Approves 4 Spot Bitcoin ETFs on Its Platform
Cetera Financial Group, a platform with $ 475 billion in assets under administration and $ 190 billion in assets under management, has approved four U.S. spot bitcoin exchange-traded funds (ETFs) for use in brokerage accounts on its platform. “We are prudently embracing bitcoin ETFs and we prioritized developing this important guidance to help our financial professionals implement these products in client portfolios,” said Cetera’s head of investment products.
- Coinbase Faces Repeat Zero Balance Glitch Amid Crypto Trading Fervor
While bitcoin reached a 2024 high on Monday, rising above the $ 67,000 per unit range, Coinbase suffered an issue again where customers were seeing zero balances. The news follows the issues Coinbase suffered on Feb. 28, 2024, when customers saw zero balances that day as well.
- 🇦🇺 Australian bank limits users’ ability to buy cryptocurrency as #Bitcoin hits new ATH in the country
- ‼️ Blackrock Launching Brazil's First Bitcoin ETF
Blackrock is launching Brazil’s first spot bitcoin ETF, the Ishares Bitcoin Trust BDR (IBIT39), on Mar. 1, initially available to qualified investors with plans to eventually open it to retail investors. The ETF aims to provide investors with regulated access to bitcoin and is part of Blackrock Brazil’s strategy to Join
- 🇺🇸 US Government [Bitfinex Hacker Seized Fund] moved around $ 922 million #Bitcoin to a new address
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JUST IN: $ 1.3 trillion asset manager Morgan Stanley is now considering offering spot #Bitcoin‼️ ETFs to customers.
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- 🇰🇷 Korean watchdog to ban crypto exchanges that fail to meet stringent new regulatory standards
The Korea Financial Intelligence Unit (KoFIU) announced a sweeping plan to enhance supervision of the crypto industry, which includes expelling crypto exchanges that fail to meet stringent operational standards, according to local media reports on Feb. 12. The initiative is part of South Korea’s effort to bolster financial oversight and consumer protection in the fast-evolving digital asset industry.
- 🚨🚨🚨Bitcoin Tops $ 49K as Spot ETF Inflows Accelerate
Potential selling pressure from Genesis, a crypto lender under bankruptcy protection, liquidating its $ 1.6 billion worth of GBTC holdings could weigh on ETF net inflows and prices in the next months, CoinShares analyst said.
- 💰 Will #Bitcoin hit $ 50K?
- 🚨🚨🚨 15 hours ago, #Ethereum💰 co-founder Jeffrey Wilcke deposited 4,300 $ETH ($ 10.7M) to #Kraken at $ 2482.
Notably, he last deposited 22K $ETH ($ 41.1M) to #Kraken at $ 1870 on June 5, 2023, just before the market crashed.
His current balance is 146K $ETH ($ 362M).
- ₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚: 🚀 #Bitcoin ETFs officially the most popular ETFs in Wall Street history!
- 📊 Bitcoin just hits $ 46300
- Congratulations to all of us who got $DYM.
Time to farm the next big thing.
- 🟠 Binance offers $ 5M snitch bounty after RON token listing sparks ‘heated’ debate
Crypto exchange Binance has launched a $ 5 million bounty for information on potentially corrupt staff members after a spate of accusations alleged its crypto token listing could be front-run due to leaks. In a series of Feb. 5 X posts, Binance co-founder Yi He said “heated discussions” had taken place in the community after a recent plunge in the price of Ronin (RON) after it listed on Binance.
- This is the only way🚀🚀🚀
🇺🇸 BlackRock and Fidelity own a combined 134,357 #BTC worth $ 5.7 billion for their spot 🚨Bitcoin ETFs 🚀