Latest news with #FTT
Business Mayor
25-05-2025
- Business
- Business Mayor
Altcoins Lag As Bitcoin Price Breaks $111,000: Why This Bull Market Is Different From 2021
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto firm Matrixport has delivered insights into why this bull market is different from the 2021 bull run. Their analysis sheds more light on why altcoins are lagging despite the Bitcoin price rally to a new all-time high (ATH) at $111,900. Why This Bull Market Is Different As Altcoins Lag Behind Bitcoin Price In an X post , Matrixport stated that many traders are missing out on the current Bitcoin price rally as traditional retail engagement indicators remain low despite the rally to a new ATH. The firm explained that this rally is happening thanks to institutional investors, with retail investors on the sidelines in this bull market . Matrixport noted that this explains why funding rates remain subdued, retail activity is low, and many altcoins continue to lag as the Bitcoin price rallies in this bull market. The firm also revealed that retail traders make the fundamental mistake of not anticipating market corrections, leading to them occasionally closing their positions during sharp drawdowns. This bull market also differs from 2021 in that retail's share of Bitcoin ownership is no longer expanding. Crypto whales have stepped in and are absorbing most of the flagship crypto's supply, kicking retail investors to the curb. Bloomberg analyst Eric Balchunas once noted that this could explain why the Bitcoin price has held up well during major corrections. According to Matrixport, understanding how corporate demand influences the Bitcoin price behavior and how long this trend is likely to last is critical as the shift in this bull market progresses. Meanwhile, the absence of retail traders in this cycle explains why funding rates and trading volumes are relatively low, with altcoins lagging. Read More FTT crashes 37% in 7 days: Is it finally curtains for FTX? The firm noted that market participants are witnessing a quiet transfer of Bitcoin from early adopters and investors, miners, and exchanges to corporations like Strategy and institutional investors like BlackRock. Matrixport again asserted that the current Bitcoin price rally is driven by spot market accumulation and not derivatives activity, which could explain why altcoins are lagging behind BTC. What Next For BTC And Altcoins In an X post, crypto analyst Kevin Capital stated that the next important step is for the Bitcoin price to record a weekly close above $106,800 and then follow through or consolidate next week. He remarked that BTC is really the only thing that matters and urged market participants to take their eyes off altcoins. If the Bitcoin price fails to accomplish that goal, the analyst stated that market participants can then turn their attention to the reverse psychology 2021 fractals. It is worth mentioning that the analyst once predicted that altcoins led by Dogecoin will still have their run once BTC's dominance cools off in the summer. At the time of writing, the Bitcoin price is trading at around $108,258, down almost 2% in the last 24 hours, according to data from CoinMarketCap. Total market cap excluding BTC at $1.2 trillion | Source: TOTAL2 on Featured image from Pixabay, chart from
Malay Mail
12-05-2025
- Politics
- Malay Mail
Thai teachers fear for safety, call for urgent protection in restive provinces bordering Malaysia
BANGKOK, May 13 — A surge in violence in southern Thailand, where educators and students remain at risk of being targeted, is prompting an urgent appeal from the Federation of Teachers Association of Thailand (FTT). The association wants the Thai government to take immediate steps to protect teachers and students in the conflict-riddled province of Pattani, Yala and Narathiwat that border peninsular Malaysia, as well as in four districts of Songkhla, The Bangkok Post reported yesterday. 'The unrest has left teachers and students in the conflict-affected areas living in fear as they are being targeted in attacks that threaten not only their lives and property, but also their mental well-being,' Prathum Ruangrit, president of the Southern Teachers' Federation, was quoted as saying. He said the concern is especially serious with schools preparing to reopen soon. The organisation has outlined a list of measures it wants the government to implement quickly; including proactive security protocols, such as deploying security personnel to guard schools and patrol routes used by commuting teachers. The FTT also wants surveillance systems installed in and around schools in high-risk areas. It is also urging the government to set up emergency alert mechanisms at all schools. In addition, the group is asking for special budget allocations to support teacher welfare. This would include hazard pay, relocation assistance, and compensation for affected families. Prathum also proposed setting up village volunteer networks to detect threats and help schools stay connected to the community. He said trained psychologists should also be available to provide mental health support to those affected by violence. The call for action reflects growing anxiety in southern Thailand, where separatist conflict has continued for nearly two decades. The unrest stems from a long-running separatist insurgency by ethnic Malay Muslims in Pattani, Yala, and Narathiwat, driven by historical grievances over cultural suppression and political marginalisation by the Buddhist Thai state. Thai Prime Minister Paetongtarn Shinawatra and Malaysian Prime Minister Datuk Seri Anwar Ibrahim are expected to hold a joint Cabinet meeting later this year at the Sadao-Bukit Kayu Hitam border area, to address issues of mutual interest and concern. In a post on her official X account last week, Paetongtarn said Thailand and Malaysia reaffirmed the importance of ending violence in Thailand's southern provinces and strengthening collaboration to jointly develop the border areas of both sides. Paetongtarn also said she will discuss the issues with Anwar when she attends the Asean Summit in Kuala Lumpur later this month. Thailand is Malaysia's seventh-largest trading partner globally and the third-largest among Asean members, with trade valued at US$25.03 billion (RM114.56 billion), Malaysian news agency Bernama reported. Between January and February 2025, bilateral trade amounted to US$3.96 billion (RM17.65 billion), an increase from US$3.67 billion (RM16.80 billion) recorded during the same period in 2024.
Daily Mail
28-04-2025
- Politics
- Daily Mail
Iranian asylum seeker who argued he can't be deported because he's a 'sex toy smuggler' wins fight to stay in Britain
An Iranian asylum seeker who said he can't be deported because of his X-rated job as a 'sex toy smuggler' has been allowed to remain in Britain. The asylum seeker who applied for refugee status in the UK claimed that Iranian authorities looked on him 'adversely' for ferrying boxes of vibrators and other adult devices across the border. Under Sharia law, which is implemented by the Iranian government, sex toys are illegal, there is also a travel ban on bringing adult devices into the country. But the 'elaborate' argument made by the Iranian man, who has not been named, was dismissed by the British Asylum court. Instead, he was allowed to stay because he protested against the Iranian regime in London. The man, who came to the UK around four years ago, initially took the case to the First-tier Tribunal where he said he has come to the 'adverse attention of the Iranian authorities as a smuggler of sex toys'. But it was heard that the tribunal did not buy all of his story as he had given 'inconsistent evidence about the number of boxes he smuggled'. The First-tier Tribuna (FTT)l found that the Iranian's political expressions at demonstrations and subsequent anti-Iran posts on Facebook were not genuine and were a ruse to help him secure refugee status. However, the Upper Tribunal of the Immigration and Asylum Chamber found the FTT made a mistake. Upper Tribunal Judge Paul Lodato said the man attended nine demonstrations outside the Iranian Embassy in London. Judge Lodato found that the Iranian would face 'real risk of persecution' in his home country and the man won his appeal on 'refugee convention' grounds. He said: 'While it would be difficult to disagree with the FTT judge's findings that he could not be described as a central or prominent figure among these crowds, what this pattern of conduct does tend to show is that he has been committed to protesting against the Iranian regime over a period of almost four years since soon after he arrived in the UK. 'The [Home Office] argued that the fact that the [Iranian] began to engage in political activity so soon after he arrived tends to align with a fabricated claim which was being bolstered by false... activity. 'When looking at this pattern of behaviour through the lens of the standard of a reasonable degree of likelihood, it strikes me as far more likely that the [Iranian] has conducted himself in this way as soon as he was free to do so, and has continued to do so, because he was motivated by a genuine sense of political grievance. 'It can be seen that he has been posting anti-regime and pro-Kurdish rhetoric on a regular basis since October 2021. 'I have carefully considered the timing of his posts to assess whether his political opinions betrayed the mechanical and routine postings which might be expected of a metronomic and cynical excise designed to bolster a false asylum claim. 'I could discern no such patterns. Instead, the frequency resonated with a more natural engagement with political social media of this nature.'
Yahoo
16-04-2025
- Business
- Yahoo
Binance's Potential Zcash Delisting Met With Dismay From Industry Heavyweights
Cryptocurrency exchange Binance has been criticized this week for including privacy token Zcash (ZEC) among those cryptos up for a vote to be delisted from the exchange. Zcash, which has a $500 million market cap, appeared on the ballot alongside FTX's FTT token and data security platform JASMY. Zcash founder Zooko Wilcox tagged Binance CEO Richard Teng in a tweet on Tuesday: "You're considering delisting Zcash!? What kind of world are you creating? Do you want your children to grow up in peace and prosperity, or a Black Mirror episode?" Digital Currency Group founder Barry Silbert also shared several posts lamenting Binance's decision to include Zcash on the list. The sentiment was also echoed by Ledger CTO Charles Guillemet and Cosmos co-foudner Ethan Buchman, both of whom highlighted the importance of privacy. From Binance's point of view, privacy tokens have long since been a topic of discussion among financial regulators. In 2022 a leaked EU document suggested that privacy tokens could be banned across the region. Privacy protocol Tornado Cash was also sanctioned by the U.S. amid concerns of criminality, although these sanctions were removed last month. ZEC is currently trading at $31.26 having dropped by 3.1% over the past 24 hours. Sign in to access your portfolio
New York Times
11-04-2025
- General
- New York Times
A Post-College Romance With a Five-Year Intermission
Lauren Christine Lockett sent Jordan Alexander Miller a text seeking clarity about their relationship on a Friday night in October 2022. They had lost touch during the last five years, but after reconnecting over several months, Ms. Lockett decided to initiate the 'define the relationship' conversation, again. 'Talking to him at brunch, then at a dinner and the text conversations we had, I knew that he had matured in a lot of ways,' said Ms. Lockett, 29, who lived in San Francisco. When Mr. Miller, who was living in Michigan at the time, received the text it was closer to midnight. He wanted things to go differently than the first time they talked about their relationship in October 2017. 'I lived with a lot of regret over the last like four or five years,' said Mr. Miller, 32. He took the weekend to draft a response but made the decision not to shy away from his feelings this time. The two met in the fall of 2013 at Stanford, where she was a freshman studying history and he was a junior majoring in mechanical engineering. During new-student orientation, Mr. Miller welcomed her to the Ujamaa dorm, a student residency hall dedicated to the history and cultures of the African diaspora. Sparks didn't immediately fly, but Ms. Lockett took note of the friendly 'cute upperclassman,' she said. They saw each other occasionally on campus, but they had their first real conversation at an Easter brunch event in 2017. They spoke about their shared love of sports and having big families back home. Mr. Miller is from Kansas City, Mo., and Ms. Lockett is a Houston native. As Ms. Lockett studied for the LSATs that spring, Mr. Miller, a graduate engineering student living on campus, kept 'popping up,' wherever she hung out, she said. Their bond grew over study sessions, cafeteria dinners and basketball games at the campus gym. On the night of Ms. Lockett's graduation in June, they sat on the roof of his dorm talking about their futures. Mr. Miller was headed to Michigan to work for General Motors, where he was an engineer for several years. In 2023, he was accepted into General Motors' fellowship program, where he's currently pursuing an M.B.A. at Stanford. Ms. Lockett returned to Houston, where she interned for Amanda Edwards on Houston's City Council while applying to law school. She graduated from Harvard Law School in 2021 and is now a corporate associate lawyer at Latham & Watkins in Menlo Park, Calif. Though Ms. Lockett felt a spark beyond friendship, she assumed their time together just amounted to fun college memories. She was surprised when Mr. Miller kept in touch that summer of 2017. They talked frequently over FaceTime every Tuesday and Thursday, which they affectionately called 'FTT.' 'I would say our conversations started to turn,' Mr. Miller said. 'We weren't addressing it directly by any means, but we would talk more about what we wanted in a partner or how many children we wanted.' By October, Ms. Lockett decided she wanted to define the relationship during one of their FaceTime sessions. Mr. Miller wanted to remain friends. 'Obviously there were feelings here, but I wasn't really ready to address them,' he said. Ms. Lockett was disappointed but decided to move on, asking Mr. Miller to give her space. 'I'm not standing around for somebody who can't make up their mind,' she said. In March 2022, Ms. Lockett sent Mr. Miller a text wishing him happy birthday — one of the few times they had communicated. When Mr. Miller came to Houston for a bachelor party in April, he asked to meet for brunch. Ms. Lockett, who returned to Houston to retrieve belongings for her move to the Bay Area, said yes with some reservations. 'I knew I was going to see him and it'll be a good brunch, but I knew I was going to stay guarded,' she said. At a dinner in July, Mr. Miller was in the Bay Area, where Ms. Lockett lived, and they caught up with a mutual college friend. Mr. Miller recalls a conversation at the table that put things in perspective. When Ms. Lockett said she wanted an invitation to their future weddings something 'clicked,' for Mr. Miller, he said. Instead of imagining her as a guest, he wanted her to be the woman in his life. By September, he ended his two-year relationship and they were a couple by October. After nearly a year of dating long distance, during which Mr. Miller wrote monthly letters that reassured her of his commitment to their relationship, he moved to Menlo Park, Calif., in September 2023 for business school at Stanford. The following year, they moved in together near campus in Palo Alto, Calif., where they now live. With help from Ms. Lockett's younger sister, Lerah, Mr. Miller planned a surprise proposal disguised as a couple's photo shoot on Stanford's campus. As they strolled around the familiar paths snapping photos, Mr. Miller got down on one knee. Waiting at Hoover Tower on campus, her family stood by to surprise her again. On March 29, the couple exchanged vows at Wheeler Avenue Baptist Church in Houston, with the Rev. Dr. Marcus D. Cosby officiating before 300 guests. The newlyweds made a grand exit in a classic Rolls-Royce, heading to their reception nearby at the Crystal Ballroom at the Rice hotel.
