Crypto Insider - Overview
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What is arbitrage in cryptocurrencies?
You may have come across this concept in the media. Cryptocurrency arbitrage is a strategy that involves buying cryptocurrency on one exchange at a lower price and selling it on another exchange at a higher price. This practice allows traders to capitalize on the difference in price on different platforms.
Arbitrage is a fairly accessible strategy that beginners can use to start exploring the world of crypto. But of course, it also comes with a lot of risks, so don’t count on landing that Lambo in your first month =)
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Starknet Foundation confirmed future STRK token airdrop & claimed snapshot already taken
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Sam Bankman-Fried was targeted in prison because of his timid nature
Former mobster Gene Borrello, who was incarcerated in a Brooklyn jail with ex-FTX head Sam Bankman-Fried, said in an interview that SBF was targeted because of his timid character and "80-year-old man's body." One inmate even tried to extort money from him for patronizing him.
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The SEC has approved Fidelity's application for registration of a spot Ethereum ETF
The regulator now has a 240-day period to review it.
Fidelity is one of the largest asset management firms in the world with 40 million clients and $4.2 trillion in funds under management.
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Crypto speak: Flippening
The concept of “flippening” refers to the point at which Ether (ETH) or any other cryptocurrency surpasses Bitcoin in terms of market capitalization.
It is important to note that, up to this point, the idea of a flippening has been used to describe a variety of different characteristics, including trading volume, the number of transactions, and the number of nodes.
However, the term flippening is rarely used because it would be unfathomable for any altcoin to supplant Bitcoin.
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❗️SEC Philippines to block access to Binance
The Philippine regulator said that Binance does not have the necessary licenses or permits to operate.
Acting as a broker or promoter in the country could result in criminal liability.
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FTX has received approval to sell its assets in Grayscale trusts for $744 million - Bloomberg
FTT reacts with growth
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