EddieJayonCrypto
21 Aug 24
• The Bitcoin derivatives market is primed for a potential short squeeze, influenced by increased open interest and moves from the Mt. Gox estate, which controls $2.7 billion in Bitcoin.• India's RBI supports tokenized deposits as the future of digital banking, exploring their use cases and benefits...
• The Bitcoin derivatives market is primed for a potential short squeeze, influenced by increased open interest and moves from the Mt. Gox estate, which controls $2.7 billion in Bitcoin.• India's RBI supports tokenized deposits as the future of digital banking, exploring their use cases and benefits while addressing regulatory concerns.• The SEC's rejection of Solana ETFs in the U.S. casts doubt on their approval in 2024 & 2025, with analysts predicting near-zero chances under the current administration.• An Ethereum whale's $40 million profit from selling 15,000 ETH causes panic selling, contributing to a drop in Ethereum's price.• Binance faces a new class action lawsuit in the U.S., accusing the company and its founder of enabling money laundering and violating financial regulations.• ADA’s price increases by 4% after the announcement of the Chang Hard Fork upgrade, which aims to improve network transparency and security.• Kraken adds new EUR margin pairs, including SHIB/EUR, NEAR/EUR, SEI/EUR, and PEPE/EUR, enhancing trading options for European users.• Major U.S. hedge funds increase their adoption of Bitcoin ETFs, with up to 60% now holding them, reflecting growing institutional confidence in cryptocurrency.~Sign up for class! How to do your own research! https://GrowMyBag.TV/ClassesGet the Grow My Bag Crypto Tracker! - https://growmybag.tv/Crypto-TrackerGet the book!Crypto Foundations for Building Multi-Generational Wealthhttps://www.amazon.com/Crypto-Foundations-Building-Multi-Generational-Wealth/dp/1733097422Join this channel to get access to perks:https://www.youtube.com/channel/UC3tSBR3SIcHPE-Rpy1Ek3Rw/joinJoin Grow My Bag social media:https://growmybag.tv/sign-up🚨 Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by Grow My Bag. Grow My Bag may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.