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?? Big news in the crypto world! A U.S. judge has ordered FTX Trading Ltd. and Alameda Research LLC to pay $12.7 billion in restitution and disgorgement to creditors ?? This stems from a CFTC lawsuit accusing them of fraud and misrepresentation. The court's findings highlight the improper use of customer assets by Alameda ?? This ruling brings some relief to affected customers as funds will be distributed through the FTX bankruptcy proceedings ?? Stay tuned for more at tradezing.com #CryptoNews #FTX #AlamedaResearch #CryptoRegulation #FinancialNews #Bankruptcy #Restitution #Disgorgement #TradeZing

Despite recent market turmoil, Jim Cramer offers a reassuring perspective: current corporate earnings do not indicate an impending recession. According to Cramer, microdata from individual companies like Caterpillar, Uber, and Builders FirstSource reveal strong performances that contradict recession fears. "We're in a recessionless recession," he said, urging investors to focus on actual data rather than central bank narratives ???? Stay tuned for more at tradezing.com #MarketUpdate #FinancialNews #CorporateEarnings #JimCramer #StockMarket #RecessionWatch #TradeZing

Bitcoin and Ethereum are bouncing back! ?? After Monday's market meltdown, Bitcoin is up by 7.1% and Ethereum by 8.1% ?? This recovery is reflected in ETFs like Grayscale Bitcoin Trust and iShares Bitcoin Trust, which also saw significant gains. Ethereum-based ETFs followed suit with Grayscale Ethereum Trust and Bitwise Ethereum ETF showing positive movements. This rebound comes after a tumultuous period for cryptocurrencies, sparking debates on Bitcoin’s status as a “store of value” ???? Stay tuned for more at tradezing.com #CryptoRecovery #Bitcoin #Ethereum #ETFs #MarketTrends #Investing #CryptoNews #TradeZing

?? Major Crypto ETF Drop! ?? In early Monday trading, Bitcoin and Ethereum-linked ETFs experienced a significant dip. ?? Grayscale Bitcoin Trust down 15.62% ?? Fidelity Wise Origin Bitcoin Fund down 15.73% ?? Bitwise Bitcoin ETF down 15.47% ?? iShares Bitcoin Trust down 15.42% Ethereum trusts weren't spared either: ?? Grayscale Ethereum Trust down 23.01% ?? Grayscale Ethereum Mini Trust down 22.26% ?? iShares Ethereum Trust down 22.50% ?? Bitwise Ethereum ETF down 22.91% Factors include geopolitical tensions, Fed rate cut delays, and massive liquidations ???? Stay tuned for more at tradezing.com #Crypto #Bitcoin #Ethereum #ETFs #MarketTrends #Investing #CryptoNews #Finance #TradeZing

Intel's stock took a major hit, dropping 21.58% in pre-market trading following disappointing Q2 results. The company announced it will suspend its dividend and cut 15% of its workforce to fund a costly turnaround for its chip-making business. This has sparked concerns about Intel’s ability to compete with TSMC and other leading chipmakers ???? Stay tuned for more at tradezing.com #Intel #StockMarket #TechNews #ChipIndustry #FinancialNews #TradeZing

Bitcoin fell from $66,500 to the early $64,000s after Iran's supreme leader ordered a direct strike on Israel. Earlier stability from potential Fed rate cuts faded, leading to a broader sell-off. Ethereum and Dogecoin also saw significant 24-hour declines. This slump resulted in $177.17 million liquidations, with $144 million in bullish bets wiped out. Open Interest in Bitcoin dropped 5.66%, signaling forced closures of long positions. Market sentiment shifted from "Greed" to "Neutral," per the Cryptocurrency Fear & Greed Index. ?? Analyst Insight: Max notes a "Bollinger Squeeze" on Bitcoin's weekly chart, indicating a big move might be coming soon. Stay tuned for more at tradezing.com #Bitcoin #Crypto #Cryptocurrency #Ethereum #Dogecoin #MarketUpdate #FinanceNews #StockMarket #Investing #FederalReserve #TradeZing

Dogecoin is battling bearish indicators, but some traders are optimistic ???? Crypto trader Kevin notes a bullish 3-day MACD cross on the Dogecoin/Bitcoin chart, similar to a past event where DOGE surged 100% against BTC in 60 days. He also mentioned the potential impact of a Federal Reserve pivot and Bitcoin's dominance. Recent data shows an 11.7% drop in large transaction volume to $1.09 billion and a 5.5% decrease in daily active addresses. Despite these bearish trends, will Dogecoin defy the odds and outperform BTC again? ?? Stay tuned for more at tradezing.com #Dogecoin #CryptoNews #AltcoinSeason #Trading #Investing #TradeZing

Apple reveals its AI models were trained using Google's custom TPUs, not NVIDIA's GPUs. This shift indicates major tech companies are seeking alternatives due to the high demand for NVIDIA’s GPUs. Despite this, OpenAI, Microsoft, and others still use NVIDIA. Apple’s AI features, now set to debut with iOS 18 in October, will be available on the latest devices like the iPhone 15 Pro and M1 Macs. Apple’s move could significantly impact the AI chip market and competition among tech giants ???? Stay tuned for more at tradezing.com #Apple #Google #AI #NVIDIA #TechNews #ArtificialIntelligence #Innovation #iOS18 #TradeZing

?? Bitcoin 2024 conference in Nashville was packed with insights and bold predictions! ???? Here’s the highlight of day 2 and 3: Friday: ??Michael Saylor projected Bitcoin’s market cap could reach $280 trillion by 2045, elevating its value to $49 million per coin. ??Senator Cynthia Lummis criticized the SEC’s approach and highlighted GOP efforts to protect digital asset ownership. ??Edward Snowden cautioned against politicians using the crypto community for their own agendas. ??RFK Jr. promised to designate Bitcoin as a strategic reserve asset if elected, aiming to build a reserve of 4 million Bitcoins. Saturday: ??Trump pledged to create a “strategic national bitcoin reserve,” maintaining government-held Bitcoin and praising the sector's potential. ??Promised to dismantle the current regulatory framework, including firing SEC Chair Gary Gensler on day one if re-elected. ??Announced plans for a “Bitcoin and crypto advisory council” to foster a crypto-friendly environment in the U.S. Stay tuned for more at tradezing.com #BitcoinConference2024 #Bitcoin #CryptoNews #Blockchain #MichaelSaylor #EdwardSnowden #RFKJr #Trump #TradeZing

?? Bitcoin 2024 in Nashville: Day 1 Highlights! ?? ?? BlackRock's Bitcoin ETFs: Robert Mitchnick, head of digital assets at BlackRock, discusses the growing client demand driving Bitcoin ETFs. CEO Larry Fink, once a skeptic, now sees Bitcoin as "digital gold." This shift highlights the increasing acceptance of crypto in traditional finance. ?? VanEck's Bold Prediction: VanEck projects Bitcoin could reach $2.9M per coin by 2050, driven by its potential as a global trade collateral and reserve asset. They foresee Bitcoin settling a significant portion of global trade and central banks holding it as a reserve. ?? Marathon Digital's HODL Strategy: Marathon Digital Holdings Inc. has acquired 20,000 BTC, valued at nearly $1.3 billion. Embracing a full HODL strategy, Marathon aims to hold onto their Bitcoin, reflecting strong confidence in its long-term value. Join us as we dive into these exciting developments! ???? Stay tuned for more at tradezing.com #Bitcoin2024 #BitcoinConference2024 #BitcoinNashville2024 #CryptoNews #Bitcoin #FinancialNews #ETF #Investing #DigitalAssets #VanEck #MarathonDigital #TradeZing