As a seasoned crypto investor with several years of experience under my belt, I’ve seen my fair share of twists and turns in this ever-evolving market. The recent news stories presented by U.Today have piqued my interest for various reasons.
Check out the top three news stories from the past weekend presented to you by U.Today.
Former Binance CEO CZ case sees unexpected turn: Details
Based on a recent article by Wu Blockchain, as reported in Protos, the anticipated release date for Binance CEO Changpeng “CZ” Zhao from prison has been pushed back. Originally slated to leave FCI Lompoc II low-security prison in Seattle on Aug. 30 following his four-month sentence for facilitating money laundering, CZ will now exit confinement on Sept. 29. This delay is due to the fact that Zhao didn’t begin serving his term right away when it was announced, on April 30. Instead, he entered prison at the end of May. His legal representation from prominent firms Quinn Emanuel Urquhart & Sullivan, Davis Wright Tremaine, and Latham & Watkins successfully secured additional time for their client before his incarceration.
Elon Musk responds to Bitcoin El Salvador President Nayib Bukele’s vital question
Nayib Bukele, El Salvador’s President, posed an intriguing query on X platform: “What does the West strive for now?” This thought-provoking question caught the attention of Elon Musk, Tesla and SpaceX’s CEO. Musk suggested a unified human civilization focused on expanding consciousness and space exploration to comprehend the Universe. However, Bukele expressed contrasting views, stating that previously, most Westerners held optimistic visions for the future, but currently, many view it with disappointment or sadness.
Shiba Inu (SHIB) ready for bullish August, SHIB price history confirms
Based on data from CryptoRank, there’s reason to believe that Shiba Inu could experience growth in August based on historical trends. Specifically, SHIB has averaged a profit of 2.67% and a median profit of 3.36% during this month over the past few years. The rarity of both the average and median being positive increases the chances of Shiba Inu finishing August with gains. For instance, in August 2020, SHIB registered a profit of 10.1%, while in 2022 it was 3.36%. However, there was a loss of 5.44% in August 2023. Given the limited history of Shiba Inu’s price movements during this month, these figures should be taken as a guide rather than definitive evidence. Nevertheless, having some data to refer to is more informative than having none at all.
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2024-07-29 18:25