Crypto Champion

Crypto Champion

Cryptocurrency-related contents that explains the status, need, or redundancy of new and old cryptocurrencies.


The unsolved mystery of the Billion Dollar Tether Empire

29 Jan 2024 1 minute read 0 comments Yugocean

     Tether is the largest stablecoin provider in the crypto world and is currently in the news for its incredible minting of USD-based stablecoin USDT.   Minting out of thin air?      Today, Tether again created one billion USDT tokens, this time...

Will Bitcoin fix George Soros ?

28 Jan 2024 1 minute read 6 comments Yugocean

     George Soros' commercial influence focusing on world political turmoil is fixable by Bitcoin. Money Power Soros Hates Bitcoin       George Soros likes to influence everything with his money. Soros nurtures big institutions like the World Econo...

US CFTC is not happy with the approval of Bitcoin Spot ETF

27 Jan 2024 1 minute read 2 comments Yugocean

      The CFTC's anguish is beginning to surface just two weeks after the Bitcoin Spot ETF received US SEC approval.   CFTC losing its BTC "Commodity"      A while back, SEC Chairman Gary Gensler proclaimed Bitcoin to be a commodity. The CFTC penal...

Bitcoin miners are neither Hodling nor dumping

26 Jan 2024 1 minute read 0 comments Yugocean

     Bitcoin is a PoW crypto; the heavy machinery required to mine it has made it a mining industry. What is it doing to Bitcoin? Do miners dump BTC?      There is a misconception about Bitcoin miners that they dump Bitcoin, but this is not true, b...

Nexo files for Three Million-Dollar damages claim from the Republic of Bulgaria

25 Jan 2024 1 minute read 7 comments Yugocean

     Nexo surprises everyone by filing for $3 billion in damages against the Republic of Bulgaria, this is encouraging the crypto world.   The Criminal Investigation      In January 2023, Bulgarian prosecutors raided NEXO's Sofia-based office and c...

Post ETF clash between bulls and bears led to the fall of Bitcoin and the return of NFTs

24 Jan 2024 1 minute read 2 comments Yugocean

     The bear-bull race in the crypto world is at a strange turn, where the king Bitcoin is falling, and altcoins are fighting in the market, and NFT strikes back.   Bitcoin value fall over ETF      There has been a lot of investment in the ETF mar...

Scripted feud of FTX and Alameda with Grayscale

23 Jan 2024 1 minute read 2 comments Yugocean

     Understanding the conflict or collusion between FTX and Alameda, the ruins of SBF's collapsed empire, with DCG's Grayscale is complicated. FTX dumps GBTC      FTX held 22 million shares in Grayscale Bitcoin Trust (GBTC); those shares, worth ap...

Effective Grayscale Bitcoin outflow

22 Jan 2024 1 minute read 3 comments Yugocean

     Since the approval, Grayscale is using spot BTC ETF for its outflows, changed status and influence. Large Outflow       It was anticipated that spot BTC ETFs would see massive inflows, but Grayscale is acting in the opposite way.  Currently on...

Tabi announces a gaming Blockchain Tabi Chain for GameFi Play2Earn

21 Jan 2024 1 minute read 1 comment Yugocean

     NFT marketplace Tabi has taken the gaming world by storm by announcing the launch of its gaming blockchain. About Tabi      Tabi is a decentralised NFT marketplace on the BNB chain, it was previously known as Treasureland. Tabi is providing se...

Post CZ Binance is still popular

20 Jan 2024 1 minute read 4 comments Yugocean

     Binance's popularity has increased despite the heavy panelty it faced in the US and CZ's resignation.    Bankrupt firms moving assets to Binance       Different firms which are going through bankruptcy liquidation, are shifting their assets to...