Judge REJECTS SEC Appeal on XRP Ruling, Coming for Gensler Next??

The crypto world is ablaze with the trial of Sam Bankman-Fried (SBF), founder of FTX, commencing amidst a storm of controversy and unexpected revelations. Two directors have boldly stepped into the limelight, labeling SBF a perpetual "loser" and accusing him of mismanaging funds and consistently losing money. They claim that it was their intervention that turned the tides for FTX, steering it away from the brink of failure. In this episode, we dive deep into the trial, exploring the allegations, the defense, and what this could mean for the future of FTX and its users.

In This Episode:

• SBF Trial
• Statements that SBF Was Always a "Loser" and Incapable of Building FTX. Tides Finally Changed When Two Directors Stepped In
• New VanEck ETH Future Went Live Yesterday. Only Did $2M in Trading Volume. BTC Futures ETF Did 500x That Day 1 During the Bull Market
• Over $220m BTC Taken Off Exchanges Yesterday - Continuing to See a Flee From Centralized Exchanges
• The First Volcano Energy Bitcoin Mining Pool Goes Live in El Salvador
• Is the Halvening Supply Shock Going to Be Dwarfed By Supply Overhang? Celsius with $2b BTC & ETH, FTX Liq, Silk Road, Mt Gox
• Judge Rejects SEC Motion to Appeal the Ripple XRP Ruling

In another surprising turn of events, the new VanEck ETH Future, which went live recently, has stumbled out of the gate with a mere $2M in trading volume, a stark contrast to BTC Futures ETF which did 500x that on its first day during the bull market. Meanwhile, over $220M worth of BTC was withdrawn from exchanges yesterday, signaling a continuing trend of users fleeing from centralized exchanges. But that's not all - El Salvador makes waves with the launch of the first volcano energy-powered Bitcoin mining pool, showcasing innovative and eco-friendly solutions in the crypto mining space. We'll explore the implications of these developments on the crypto market and what it might signal for the future.

Lastly, the Ripple XRP saga takes a triumphant turn as the judge rejects the SEC's motion to appeal the ruling, marking a significant milestone in the ongoing legal battle. Additionally, we delve into the looming question: Is the Halvening supply shock going to be overshadowed by supply overhang? With Celsius holding $2B in BTC & ETH, FTX liquidations, and the looming shadows of Silk Road and Mt Gox, we explore the potential impacts on the market. Join us in this episode as we navigate through these tumultuous crypto waters, providing insights, analyses, and forecasts on these groundbreaking events.

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