The crypto world is on the edge of its seat as the much-anticipated Bitcoin ETF approval is expected in mere hours. But that's not the only headline-grabbing news. Huobi's Bitcoin reserves seem to be mysteriously depleting, raising eyebrows and questions across the community.
In This Episode:
- Bitcoin ETF Approval in 24 Hours??
- Where Has Huobi's BTC Reserves Gone?
- SBF Being Dodgy on the Witness Stand, Testimony Didn't Help His Case
- SBF Tells Judge and Jury That His Lawyers Are to Blame for FTX's Collapse
- Gemini Sues Genesis Over $1.6B Worth of GBTC
- CZ's Wealth Falls $12B (Reportedly) After Binance Loses 38% of It's Revenue
- Searches for "Buy Bitcoin" Have Surged 826% in the UK
- Grandpa, What was the 2021-2024 Bear Market Like?
In the courtroom, Sam Bankman-Fried (SBF) faced a challenging day on the witness stand. His testimony, filled with evasive answers, did little to bolster his defense. In a surprising twist, SBF pointed fingers at his own legal team, blaming them for FTX's dramatic collapse.
The legal battles don't end there. Gemini has taken legal action against Genesis, suing them over a staggering $1.6B worth of GBTC. Meanwhile, CZ, the face of Binance, has reportedly seen a jaw-dropping $12B dip in his wealth as Binance grapples with a 38% revenue loss.
On a brighter note, the UK has witnessed an astounding 826% surge in "Buy Bitcoin" searches, indicating a renewed interest in the crypto giant. As we navigate these tumultuous times, one can't help but wonder - how will future generations remember the 2021-2024 bear market? Dive in with us for all the details and analysis!
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INLEO's mission is to build a sustainable creator economy that is centered around digital ownership, tokenization and communities. Our flagship application: inleo.io allows users and creators to engage & share micro and long-form content on the Hive blockchain while earning cryptocurrency rewards.
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