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Kerala Blasters FC: Kwame Pepra’s Impact and Dimitrios Diamantakos’ Leadership in the Absence of Adrian Luna

by Alexandra Hartman Editor-in-Chief
written by Alexandra Hartman Editor-in-Chief

2024-01-13 09:14:17

Ghanaian Kwame Pepra scored two goals for Kerala Blasters FC who defeated the I-League team by three goals to one in the first match of the group round of the Kalinga Super Cup.

Kerala Blasters star Dimitrios Diamantakos has talked regarding the fact that in Luna’s absence, the Blasters players have to take on more responsibilities than before and the combination with Kwami Pepra at this time.

“For so long we had Adrian Luna creating chances for us. But in Luna’s absence we have to take on more responsibilities. I can drop back to build the play with Pepra, and when Pepra goes back I will get forward.” – said Dimitrios Diamantakos.

In the absence of Luna in the Indian Super League matches, the Kerala Blasters team is led by the main players including Dimitrios. Fans have high hopes for Dimitrios, who is currently leading the Indian Super League’s top scorer list with seven goals.

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#Blasters #stars #Lunas #absence #superstar #says.

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Technology

Bitcoin Falls 9% Amid GBTC Concerns: What’s Behind the Price Drop?

by Alexandra Hartman Editor-in-Chief
written by Alexandra Hartman Editor-in-Chief

2024-01-13 11:34:19

Bitcoin fell 9% on Friday amid new concerns regarding GBTC. The exchange rate finally peeked below 42,000 dollars, but from there the price of BTC quickly bounced back BTC Price.

Enthusiasm in the market has waned

After Thursday’s euphoric mood, enthusiasm has waned. After Bitcoin ETFs began trading on the American stock exchange, the price of Bitcoin reached a local peak of $49,000 on Thursday. However, the sudden increase of more than 10% was not sustainable. The price began to fall more and more significantly on Friday followingnoon despite the general optimism surrounding Bitcoin ETFs.

At the close of the market on January 12, American time, the price of BTC not only lost the positive yield generated during the hype around the ETF, but also turned into a negative.

Bitcoin finally fell as low as $41,730 at 10:25 p.m. on Friday, bringing its 24-hour loss to regarding 9%. Just one hour later, however, the price of Bitcoin started to recover and returned to the $43,000 level, with a market capitalization of $840 billion.

The crypto market as a whole also went down, falling 5.3% in 24 hours on Friday. Bitcoin BTC Price 7.7%, Solana SOL Price 9.2%, Avalanche (AVAX) 9.1%, Cardano 6.2%, XRP XRP Price 5.5 %, Ethereum ETH Price and BNB BNB Price fell 3.9% in one day.

Could GBTC papers be behind the fall in the bitcoin price?

A BTC the reason for the price drop is unclear. Spot Bitcoin ETFs have attracted significant demand, with over $4 billion in ETF turnover on the first day of trading, while the largest BTC exchanges are registering $50 billion in daily turnover. This increased demand was also supposed to increase the price of Bitcoin. However, the initial enthusiasm waned by the end of the second day.

Bitcoin last saw similarly low prices on January 3rd. This is when the price of BTC began to rise as investors began to price in the news of the upcoming spot ETF approvals. It is also conceivable that the current fall is the “sell the news” expected by many – that is sell your news event it might be.

However, there are other factors as well. SkyBridge Capital is founded by Anthony Scaramucci raisedthat the falling price of Bitcoin is a of the sale of shares from the Grayscale GBTC fund can be attributed to, which was converted to an instant Bitcoin ETF by investors on Thursday. CNBC’s Ran Neuner similarly suggested that GBTC’s Bitcoins might have re-entered market supply without directly investing in Bitcoin ETFs. Bloomberg analyst James Seyffart disputed this explanation. On the first day of trading, $95 billion worth of GBTC paper was sold, but this was only a fraction of what many expected.

Further negative developments may have also influenced investor sentiment, indirectly affecting Bitcoin trading and supply. These events may have included:

  • Vanguard’s decision to exclude spot Bitcoin ETFs from its platform,
  • the investigation of the US judiciary once morest the SEC for its failure to secure X’s account, and
  • Senator Elizabeth Warren’s objection to the SEC’s ETF approval decision.

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#investors #dump #Bitcoin #concern

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Economy

Bitcoin suffers severe losses

by Alexandra Hartman Editor-in-Chief
written by Alexandra Hartman Editor-in-Chief

2024-01-13 10:48:43

The cryptocurrency Bitcoin suffered sharp losses following the broad gains it achieved following the US approval of cryptocurrency exchange-traded funds, a move that had seen numerous regulatory consequences.

Bitcoin fell by more than 2 percent, or regarding a thousand dollars, to $42,920, following it crossed the threshold of $49,000 following America’s approval of exchange-traded funds, which is the highest level in more than two years. On the other hand, Ethereum achieved weekly gains of 15 percent, the first gain in 3 weeks, and the best weekly performance since March of last year.

The state of digital currencies pushed investors towards Ethereum in exchange for abandoning Bitcoin following the expected approval of the US Securities and Exchange Commission for Bitcoin ETFs.

Citi analyst Alex Saunders said in a note that investors rushed towards Ethereum amid expectations that the second largest cryptocurrency would receive regulatory approval at the level of ETFs.

The US Securities and Exchange Commission is scheduled to give its decision on this step at the beginning of next May.

Many expected that regulatory approval for Bitcoin ETFs would be like “buying on a rumor and selling on the news,” as investors and miners postpone high unrealized profits, as anticipation of this step led to a 60 percent rise in Bitcoin in the past three months.

Market participants expected this approval to lead to a rise in Bitcoin, but it may take time for new entrants to the cryptocurrency market to become more familiar with the asset and gradually enter the market.

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#Bitcoin #suffers #severe #losses

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world

VP-Wölbitsch ad Wien Energie: SPÖ financial scandal continues

by Alexandra Hartman Editor-in-Chief
written by Alexandra Hartman Editor-in-Chief

2024-01-13 11:45:39

New inconsistencies in the Wien Energie case – complaint filed with the FMA New inconsistencies in the Wien Energie case – complaint filed with the FMA

Vienna (OTS) – “Recent inconsistencies clearly show that the SPÖ financial scandal surrounding the Wien Energie case is continuing,” said the club chairman of the Vienna People’s Party, Markus Wölbitsch, in view of today’s reporting in the “Kronen Zeitung” in connection with a report to the financial market supervisory authority.

As is well known, the city took out a loan worth 2 billion euros from a major domestic bank in 2023. Since this loan would be used to provide security for financial futures transactions with unlimited risk, it is questionable whether this also corresponds to the requirements of the financial market supervisory authority. There is also apparently no regulation as to what would happen if the City of Vienna had to exhaust this loan and losses were incurred as a result. Financial expert Gerald Zmuegg therefore filed a corresponding complaint with the FMA.

From the very beginning of the Wien Energie case, the SPÖ-neos city government tried to cover up grievances. The interviews conducted by the investigative commission made it clear that the City of Vienna’s reporting and participation management were completely inadequate. Only through the consistent work of the People’s Party, including in the investigative commission, did the city government gradually have to admit mistakes and ultimately announce reforms – including in the area of ​​risk management.

“It was always clear to us that the Viennese should not ultimately be asked to pay for the actions of those responsible. The Vienna city government itself is once once more called upon to finally abandon its blockade stance in this case and provide the necessary comprehensive information. The city government, especially Mayor Michael Ludwig, must come clean regarding this matter,” concluded Wölbitsch.

Questions & Contact:

The Vienna People’s Party
Press & Communication
01/515 43 230
[email protected]

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#VPWölbitsch #Wien #Energie #SPÖ #financial #scandal #continues

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