Prix de Sun [New]SUN

According to Spot On Chain, today Justin Sun's team address applied to withdraw 52,905 ETH (about $209 million) from Lido Finance. This batch of ETH is part of the 392,474 ETH (about $1.19 billion) purchased from 3 wallets at an average price of $3,027 between February and August this year. The current estimated total profit is $349 million (+29%).

Coinbase receives $1 billion lawsuit from Justin Sun's BiT Global BiT Global filed a $1 billion lawsuit against Coinbase, alleging that the exchange unfairly delisted Wrapped Bitcoin (WBTC) to promote its competing product, cbBTC. This comes just a few days after the token's suspension across all Coinbase platforms. Wrapped Bitcoin (WBTC) is an ERC-20 token launched on the Ethereum blockchain in 2018. It is backed 1:1 by Bitcoin, allowing users to leverage Bitcoin's liquidity on Ethereum and other blockchain ecosystems. The lawsuit, initiated on Friday, claims that Coinbase's reason for delisting WBTC — which it tied to listing standards— is contradicted by its recent approval of several meme coins. BiT Global stated that WBTC's delisting wasn't due to listing standards but because Coinbase "coveted its market share and wanted it for itself." They argued that this action violates antitrust laws and seeks damages for the significant financial losses incurred. Coinbase announced in November that it would suspend WBTC trading on its platform on December 19, citing that the decision came from a careful review. Before the announcement, WBTC had been trading on the exchange for years.  The WBTC team responded sharply to the announcement from Coinbase, expressing their displeasure at the suddenness of the decision. Meanwhile, Coinbase's European division announced it will delist Tether's USDT and other stablecoins that it believes do not comply with the Market in Crypto Assets (MiCA) regulations governing cryptocurrencies in Europe. In a Wednesday broadcast to its European users, the exchange stated it would cease support for six stablecoins, including PAX, PYUSD, GUSD, GYEN, DAI and USDT. Likewise, it would continue to support EUR Coin (EURC) and Circle's USDC, which are fully compliant with MiCA laws.

Shocking Bitcoin Forecast for 2025 From the Wall Street Analyst Who Predicted Its Rise to $100,000 in 2024 Trevor Jennewine, The Motley Fool Sun, Dec 15, 2024, 11:40 AM 5 min read In This Article: ^GSPC -0.00% Tom Lee is the head of research at Fundstrat Global Advisors. He correctly anticipated the stock market rally that lifted the S&P 500 out of bear market territory last year. Specifically, when Wall Street's median price target implied a 6% upside for 2023, Lee said the S&P 500 would gain 24%. Lo and behold, the S&P 500 advanced by 24% last year as cooling inflation and the anticipation of interest rate cuts gave investors reasons to be bullish. More recently, Lee forecast that the S&P 500 would hit 6,000 in 2024, and predicted Bitcoin (CRYPTO: BTC) would top $100,000 this year. He was right on both counts. Now, Lee is back with a shocking forecast for 2025: Bitcoin could hit $250,000. That would amount to an approximately 150% gain from its current price of around $100,000. Why Lee thinks Bitcoin can hit $250,000 in 2025 Lee earlier this year outlined his three-point investment thesis for Bitcoin during an interview with CNBC: First, he said, demand for it is still rising due to the growth of spot Bitcoin exchange-traded funds (ETFs); second, the supply of newly minted Bitcoin has shrunk due to the recent halving of its block subsidies; and third, interest rates are falling, which is generally good for risk assets. Spot Bitcoin ETFs: After the Securities and Exchange Commission gave its approval, 11 spot Bitcoin ETFs hit the U.S. markets in January 2024. Those funds let investors add Bitcoin to their existing brokerage accounts, which is easier (and often cheaper) than maintaining a separate account with a cryptocurrency exchange. Consequently, spot Bitcoin ETFs should continue to boost demand for the crypto among retail and institutional investors. Indeed, Matt Hougan, chief investment officer at crypto index fund manager Bitwise Asset Management, recently wrote, "Bitcoin ETFs are being adopted by institutions at the fastest rate of any ETF in history." That is particularly good news for those who hold Bitcoin because institutional investors have $120 trillion in assets under management, and the price of Bitcoin should trend higher as they allocate more funds to it. Analysts have declared spot Bitcoin ETFs to be the most successful ETF launches in history. But the iShares Bitcoin Trust by BlackRock has been particularly impressive. It hit $10 billion in assets faster than any ETF on record, according to The Wall Street Journal. It now has $35 billion in net inflows, which is more than the other 10 spot Bitcoin ETFs combined. Bitcoin halving events: Block rewards are financial incentives that blend transaction fees and block subsidies (newly minted Bitcoin). Block rewards are paid to crypto miners for validating transactions, but the subsidies are reduced by 50% each time 210,000 blocks are added to the Bitcoin blockchain. That happens approximately once every four years. Story Continues View Comments Terms and Privacy Policy Privacy Dashboard

I lost ny whole life or mera dimag sun ho gya ha 30lacks ka loss Allah bachy mujy to bachy warna ab kuch nazar nahii a raha

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