Coin Bureau Insider

🚨 New Video Alert!! 🚨 In recent years, Tether has undoubtably become one of the most important entities in the crypto industry. But what is next for Tether and USDT? This week, Jessica had an interview with Paolo Ardoino, CEO of Tether, where they spoke about the stablecoin sector, Tether’s competetors, regulations and policies. Will the EU's upcoming stablecoin restrictions impact USDT? How is Tether going to maintain its market dominance? What is Tether planning for the future? All this and more in today’s video!

🔔 MARKET MOVING NEWS! (21/04/24) 1️⃣ Grayscale's Planned Mini Bitcoin ETF Will Have a 0.15% Fee, the Lowest Among Spot Bitcoin ETFs ⚡️ According to recent filings, Grayscale’s new ETF product, the Bitcoin Mini Trust, will be listed on NYSE Arca under the ticker BTC and charge a competitive fee rate of 0.15%. Notably, this would make Grayscale’s Bitcoin Mini Trust the cheapest of them all. This starkly contrasts the existing Grayscale Bitcoin Trust (GBTC) which has a 1.5% fee. The filing also states that Grayscale will contribute 10% of the assets in GBTC to the BTC Trust. Shares of the BTC trust are to be issued and distributed automatically to holders of GBTC shares. The Grayscale spinoff is also considered a non-taxable event for GBTC’s existing shareholders, so those investors will not be expected to pay capital gains tax to automatically transfer into the new fund. 2️⃣ Binance Tax Evasion Trial Moved To May 17 In Nigeria 🤔 Crypto exchange Binance’s tax evasion trial in a Nigerian court has reportedly been adjourned to May 17. The reason for the delay appears to be the Federal Inland Revenue Service’s (FIRS) failure to formally serve the exchange with the charges. For context, Binance and its executives, including Tigran Gambaryan, a 39-year-old U.S. citizen serving as head of financial crime compliance, and Nadeem Anjarwalla, a 37-year-old British-Kenyan regional manager for Africa, were arrested on Feb. 28, and charged with four counts of tax evasion during a visit to Nigeria. 3️⃣ Hong Kong Investment Firm Victory Securities Reveals Bitcoin And Ether ETF Fees ☄️ Hong Kong-based investment firm Victory Securities has reportedly disclosed its proposed fees to investors for Bitcoin and Ethereum exchange-traded funds (ETFs). Notably, the announcement comes even though the Hong Kong Securities and Futures Commission (SFC) has not yet published the list of approved ETF issuers. If approved by the SFC, the proposed fees for Ethereum and Bitcoin ETF shares of Victory Securities are set at 0.5% to 1% of the total transaction, with a minimum fee of $850. For investors interested in buying and selling existing ETF shares on the secondary market, the fees will be 0.15% for online transactions and 0.25% for telephone transactions. 4️⃣ Former A16z Partner Kathryn Haun To Retire From Coinbase Board, Focus On Venture Portfolio 🔍 Former Assistant U.S. Attorney and Andreesen-Horowitz partner Kathryn Haun has posted a tweet announcing her upcoming resignation from Coinbase's board following seven years of service. Haun stated that while Coinbase is "well-positioned to thrive," the "remarkable expansion state" of crypto has made her decide to double down on venture investing through her company Haun Ventures. The resignation will take effect at Coinbase's Annual Meeting of Shareholders expected later this summer. 5️⃣ FTX Investors Move To Settle With SBF In Exchange For Information To Go After Celebrity Boosters ‼️ Sam Bankman-Fried, the jailed former CEO of defunct crypto exchange FTX, has reportedly agreed to settle with investors who will drop their civil liability claims against him in exchange for his cooperation in a class-action lawsuit against celebrities who promoted the crypto exchange. Notably, the list of celebrities being targeted by the class-action lawsuit include sports stars Tom Brady, Shaquille O’Neal, Stephen Curry and Shohei Ohtani, model Gisele Bundchen and actor Larry David. The filing reads, [Bankman-Fried] has knowledge and other information that Class Representatives and Class Counsel believe will be valuable to Class Representatives’ cases against other defendants in the FTX MDL [multidistrict litigation], particularly relating to the underlying actions and their connection to Miami, Florida, where FTX’s U.S. headquarters were based, as well as each MDL Defendants’ knowledge of and assistance with the actions and connections to other states in which jurisdictions over those Defendants is asserted.

TEXT GUIDE | NEW SIGNAL ❗️ How can you get profit with crypto arbitrage? 1️⃣ You need to have an account on Upamp.com 2️⃣ You need to check the exchange rate of ETH on Upamp.com and ETH on any other exchange! 3️⃣ You buy ETH on Binance or any other exchange 🔜 Transfer it to Upamp.com and sell it with a difference of 10% 4️⃣ Withdraw USDT to Binance or any other exchange and make it again! Good luck for everyone 🤝

Binance Futures, Bybit USDT, KuCoin Futures, OKX Futures Pair: $PERP/USDT Take-Profit target 1 ✅ Take-Profit target 2 ✅ Take-Profit target 3 ✅ Take-Profit target 4 ✅ Profit: 310% 📈 Period: 1 day 9 hours ⏰

Binance Futures, Bybit USDT, KuCoin Futures, OKX Futures Pair: $APT/USDT Take-Profit target 1 ✅ Take-Profit target 2 ✅ Profit: 101% 📈 Period: 12 hours 49 minutes ⏰

Binance Futures, Bybit USDT, KuCoin Futures, OKX Futures Pair: $LPT/USDT Take-Profit target 1 ✅ Take-Profit target 2 ✅ Take-Profit target 3 ✅ Take-Profit target 4 ✅ Take-Profit target 5 ✅ Take-Profit target 6 ✅ All Take-Profit targets achieved 🥂🚀🚀🚀 Profit: 522% 📈 Period: 15 hours 51 minutes ⏰

Binance Futures, Bybit USDT, KuCoin Futures, OKX Futures Pair: $ARPA/USDT Take-Profit target 1 ✅ Take-Profit target 2 ✅ Take-Profit target 3 ✅ Profit: 155% 📈 Period: 16 hours 23 minutes ⏰

🔔 MARKET MOVING NEWS! (20/04/24) 1️⃣ IRS Releases Draft Form To Report Certain Crypto Transactions 🧐 The U.S. Internal Revenue Service has reportedly released an early draft of its new Form 1099-DA “Digital Asset Proceeds from Broker Transactions” for reporting income from digital asset transactions. The form is expected to come into use in 2025 for reporting in 2026. The Form 1099-DA draft posted on Thursday lists broker types: kiosk operator, digital asset payment processor, hosted wallet provider, unhosted wallet provider and others. The form also reveals the agency will likely have an array of individual token codes that can be filled in, and it includes spaces for wallet addresses and where to find transactions on the relevant blockchain. 2️⃣ Bitcoin Completes Fourth Halving, Ushering In New Era for BTC ☄️ The Bitcoin network has completed its fourth halving event. After the 840,000th Bitcoin block was created, successful miners now earn 3.125 BTC per block completed, in addition to network transaction fees. Post-halving, the price of BTC appears to be holding steady, although there has been a significant spike in transaction fees on the network due to the launch of a new protocol called Runes. 3️⃣ Telegram Commits To TON Blockchain, Plans To Support Tokenized Emojis And Stickers NFTs ‼️ At the recent Token2049 event in Dubai, Telegram founder Pavel Durov announced major plans to tokenise features, share ad revenue with users and onboard Tether’s stablecoin to the TON blockchain. Durov estimates that the advertising market running on blockchain rails could be worth tens of billions of dollars and that users, from owners of large group chats to content creators, will get a decent share of the revenue. Durov stated, The reason we love blockchain. It’s a technology of freedom. We care about freedom. Even our logo, the paper airplane symbolizes freedom to move in three dimensions. 4️⃣ Indian Man Pleads Guilty to Creating Spoofed Coinbase Website, Stealing $9.5M in Crypto 🔍 Chirag Tomar, an Indian citizen, pleaded guilty this week to U.S. charges that he created a fake version of Coinbase Pro's website, letting him steal real user’s login credentials and plundering more than $9.5 million of cryptocurrency from hundreds of victims. Tomar was arrested at the Atlanta airport on Dec. 20, 2023, while visiting family on a travel visa. He was charged with one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering. Both carry a maximum sentence of 20 years in prison.

Binance Futures, Bybit USDT, KuCoin Futures, OKX Futures Pair: $ETC/USDT Take-Profit target 1 ✅ Take-Profit target 2 ✅ Take-Profit target 3 ✅ Profit: 210% 📈 Period: 2 days 20 hours ⏰