Good morning fam đ Â Did you miss any major newsâ
Don't worry, I have compiled the top news of this week to keep you guys up-to-date đ  âŠïž Elon Musk said that none of his companies will ever launch a #crypto token.  âŠïž Sam Bankman-Fried was found guilty on all seven charges and could now face up to 115 years in prison.  âŠïž #Binance listed the #MEME token, pumping it over đđđđ%.  âŠïž MicroStrategy acquired an additional 155 #BTC ⯠for $5.3 million.  âŠïž The FED announced no rate hike, keeping the terminal rate at 5.25%â5.5%.  âŠïž The SEC charged crypto company #Safemoon for offering unregistered securities.  âŠïž #Unibot got hacked, and the hacker stole over $600k worth of crypto.  âŠïž The U.K. government published its final rules for crypto and stablecoins.  âŠïž #Ripple announced a partnership with the National Bank of Georgia (NBG) to launch the CBDC.  âŠïž ProShares launched Ether Futures ETF for crypto bears.  âŠïž #Solana went live on Google Cloud's BigQuery data analytics platform.
âĄïžThe U.S. Securities and Exchange Commission (SEC) is currently considering between eight and 10 bitcoin exchange-traded fund (ETF) applications, according to SEC Chairman Gary Gensler.
- My View on #BTC remains unchanged (Distribution period - bearish sideway)- My view on ALts just changed a bit. While BTC sideway, Alts don't go up in organic way as expected.Late pumps already came.What is happening here: Alts do quick pumps to sweep out local short squeeze then back to quickly go downSo A New Strategy is:- Quickly be aware of recent quick pumps then SHORT PUMP CANDLEThere is no organic pump at the moment.
#ftx FTX sold 974,270 $RNDR and 21,967 $COMP tokens, for a total of $13.5 million in assets. Earlier, they sold âŸ#AAVE, âŸ#MKR, and ⟠#LINK tokens. They have also sent 250k #SOL ($8.1M) to Binance and Coinbase.#FTX will be permitted to sell off in a series of weekly batches. Their initial limit is $50 million for the first week and $100 million for subsequent weeks.
#âĄïžFTX Is Negotiating With Three Bidders to Restart Crypto Exchange.đ FTXâs administrators so far recovered about $7 billion in assets, including $3.4 billion of crypto.https://www.bloomberg.com/news/articles/2023-10-24/ftx-is-negotiating-with-three-bidders-to-restart-crypto-exchange#ftx