Analysis
Bitcoin’s whipsaw to $105k wipes out $7B in leveraged positions
Massive sell-off causes over $7 billion in liquidations, exposing crypto's structural weaknesses during volatile trading.
Assad Jafri Recent Articles
Politics
Trump’s guilty verdict unlikely to derail pro-crypto Presidential campaign
The sentencing is set for July 11, but legal experts affirm that Trump can still run for president despite the conviction.
Regulation
NYDFS establishes new guidelines for crypto companies to enhance customer service standards
The guidelines will come into force starting Nov. 1 and represent the NYDFS' expectations for timely and fair resolution of customer service requests and complaints.
Politics
Musk denies reports claiming he has been counseling Trump on crypto
Musk's denial came in response to reports from Bloomberg and the Wall Street Journal that claimed Trump is considering him for a policy advisory role.
Legal
Terraform Labs, Do Kwon reach tentative settlement with SEC to end civil lawsuit
The details of the settlement have not been made public as of press time.
Regulation
Senator Lummis says crypto will play important role in US economy post-elections
Lummis, a vocal advocate for pro-crypto legislation, believes that recent victories in Congress signal a promising future for the sector.
Banking
Deutsche Bank sees blockchain as key to tackling margin compression
Deutsche Bank is currently testing a new platform built on the Ethereum network that is designed to offer services for tokenized funds.
Mining
Bitfarms rejects Riot’s unsolicited acquisition offer
Bitfarms said the deal undervalued the company's growth prospects.
DeFi
ZKasino resurfaces with promises of returning investor funds but skepticism abounds
The lack of direct communication with Dutch authorities and the sudden refund offer have raised several doubts in the community.
Mining
Riot offers $950 million to buyout Bitfarms in hostile takeover amid CEO controversy
Riot's decision to make a hostile takeover bid follows Bitfarms' Board of Directors' rejection of its private proposal without substantive engagement.
Trading
First-ever Bitcoin mining derivative product goes live on a regulated US exchange
Hashrate Futures, trading under the ticker $HUP, allow miners to hedge their revenue and give investors a new way to access the Bitcoin mining market.
Technology
Solana validators approve 100% allocation of priority fees, ending 50/50 burn split
The proposal, known as SIMD-0096, passed with 77% approval.
Regulation
EU draft standards deem MEV as ‘clear example of market abuse’ under upcoming MiCA rules
ESMA's latest draft standards classify Maximum Extractable Value (MEV) as a clear example of illegal market abuse.
Expertise Assad's Top Beats
