137999
Get the latest updates from Guy straight to your Telegram 📲 Includes: - Guy's trades 📈 - Portfolio updates ⚖️ - announcement of video's in the pipeline and coin's on our watchlist 👀 - guy.eth
🔥 Rally Report 🔥
AIOZ NETWORK
The price of AIOZ has rallied by 25% in the past 24 hours.
WHY?!
📈 Part of a broader market rally following the dip experienced late last week due to geopolitical tensions
🔍 The rally is also influenced by other factors, including Hong Kong’s approval of several spot bitcoin and ether exchange-traded fund applications on Monday.
If you want to buy or trade AIOZ, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?!
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
When it comes to investing, narrative plays a big role. In fact, you could argue it plays the primary role in an asset’s price action, and not just in the crypto market.
Logically then, figuring out which assets will perform the best fundamentally depends on knowing which narratives will be the biggest in the short term and long term.
A recent report by Ark Invest spells out the 15 biggest narratives of 2024 and beyond. Together, they suggest there is one big narrative that everyone has missed, and that you need to pay attention to.
Watch until the end to find out what it is!
https://www.youtube.com/watch?v=A4j3g914rr0
Читать полностью…
🔔 MARKET MOVING NEWS! (13/04/24)
1️⃣ Coinbase Requests Interlocutory Appeal Over SEC’s ‘Controlling Question’ ▶️
In an April 12 filing before the U.S. District Court for the Southern District of New York, crypto exchange Coinbase requested the court to scrutinise a specific “controlling question” raised by the U.S. Securities and Exchange Commission (SEC) in its ongoing lawsuit against the exchange.
Coinbase stated,
The question presented here is unencumbered by factual disputes and therefore ripe for immediate review […] Whether an “investment contract” can exist absent any post-sale obligation is a pure, controlling question of law.
🔔 MARKET MOVING NEWS! (11/04/24)
1️⃣ SEC Issues Wells Notice To DeFi Protocol Uniswap 🧐
According to recent post by Uniswap’s chief legal officer Marvin Ammori, the U.S. Securities and Exchange Commission has issued a Wells notice to the decentralised exchange.
Ammori wrote,
Today’s Wells notice against Uniswap is disappointing, but is not unexpected from this SEC. If the SEC had authority over our self-custodial, non-intermediated products, it could tell us how to register them. It can’t and so it doesn’t. It has provided no clarity and no guidance — as several SEC commissioners have stated in multiple dissents.
The lawyers are still working things out but I've told everyone involved I don't really care about tokens, or money, or any of that. Let that be a clear statement of my intention here and of my principles. I've been running pretty red financially lately so this puts me pretty much back at $0, but if you've been in this industry for a while you know that's nothing new.
This holistic support ensures a smooth transition for businesses venturing into staking & Defi services, guaranteeing a successful and profitable implementation.
https://www.youtube.com/watch?v=dQA6A-s6UxM
Читать полностью…
🔔 MARKET MOVING NEWS! (10/04/24)
1️⃣ Avraham Eisenberg 'Executed A Winning Trading Strategy,' Says His Defense Lawyer 🔍
According to reports from Inner City Press, defence attorneys for Mango Markets exploiter Avraham 'Avi' Eisenberg in their opening statement during the court case, emphasised once again that his actions enacted a lawful "winning" trading strategy.
The defence stated,
Every trade has a winning side, and every trade has a losing side. It is not illegal to win, to execute a trade that is to your benefit. He does not deny he did these trades. He does not deny he made a profit. But he denies he committed a crime, because he did not. He executed a winning trading strategy. He is not guilty.
🔥 Rally Report 🔥
TONCOIN
The price of TON has rallied by 18% in the past 24 hours.
WHY?!
📈 The rally is a continuation of bullishness from yesterday’s Web3 Festival in Hong Kong.
⚡️ Additionally, Oyster Labs announced yesterday that it was launching a Web3-native smartphone specifically designed for the Telegram ecosystem.
If you want to buy or trade TON, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
Another Monday, another weekly crypto review. On the menu we’ve got last week’s crypto recovery and the possibility that BTC could go as high as 100k in the coming days.
Then we take a closer look at the ETH FUD and why it could be marking a local bottom for the second largest crypto. Of course, we also look at the congestion issues Solana has been experiencing.
As the main course we’ve got a strong economy and rising inflation which could make it harder for the Fed to ease. And for dessert, the top performing cryptos and where they’re headed next.
Bon Appetit!
🔥 Rally Report 🔥
TONCOIN
The price of TON has rallied by 8% in the past 24 hours.
WHY?!
🔍 The price of TON is likely influenced by the presentation of TON ecosystem projects at the Web3 Festival in Hong Kong earlier today.
‼️ The event saw presentations from projects such as TON Space, the TON Foundation, Tonkeeper, Notcoin, Tonplay, Pluto, and STON.fi
If you want to buy or trade TON, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
Here at the Coin Bureau, we talk a lot about the factors that drive crypto’s price action, namely supply, demand, and macro factors. A recent report by K33 basically put all of these factors together.
Not only that, but the researchers at K33 managed to put together a comprehensive framework that you can use to get an edge in the crypto market both in the short term and the long term.
That’s why we decided to summarise this report, and why you need to watch until the end!
🔥 Rally Report 🔥
ORDI
The price of ORDI has rallied by 8% in the past 24 hours.
WHY?!
📈 The price of ORDI is likely influenced by anticipation surrounding the upcoming BTC halving event.
⚡️ Assets on the BTC meta-layer have also recently captured the attention of “more serious” investors, including Franklin Templeton who recently wrote a report on Bitcoin Ordinals.
If you want to buy or trade ORDI, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
The Coin Bureau is known for having some of the highest quality altcoin reviews out there. What’s our secret? Research. In today’s video, we tell you exactly how we research coin and tokens.
As with most of our other operations, our research has evolved over the years. The biggest change has been a greater focus on interviews, which have yielded unparalleled altcoin alpha.
We’ve also narrowed down exactly what it is about our research process that we (and you) need to pay extra attention to. By the end of this video, you’ll have everything you need to succeed in crypto.
Enjoy!
🔥 Rally Report 🔥
ETHENA
The price of ENA has rallied by 19% in the past 24 hours.
WHY?!
💸 Ethena Labs has announced that it will start purchasing and shorting BTC as part of a cash-and-carry trade to help create a “safer” USDe synthetic dollar product for users.
‼️ Ethena developers expect this strategy to increase the capacity for USDe to scale by more than 2.5x. B
If you want to buy or trade ENA, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?! 👇
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🔔 MARKET MOVING NEWS! (05/04/24)
1️⃣ Bitcoin Mining Ban Proposed in Paraguay Over Power Problems 💸
A group of Paraguay lawmakers have reportedly proposed a bill to temporarily ban crypto mining and related activities in the South American nation. Specifically, the bill seeks to ban the “creation, conservation, storage and commercialization” of cryptocurrencies and the “installation of crypto-mining farms in Paraguayan territory.”
The ban is expected to last 180 days or until a full law is enacted and power grid operator the National Electricity Administration (ANDE) guarantees it can supply enough energy to crypto miners “without affecting other users of Paraguay’s electrical system.”
Source
2️⃣ Ethena Onboards Bitcoin as Backing Asset to Make USDe 'Safer' ‼️
Ethena Labs will reportedly start purchasing and shorting BTC as part of a cash-and-carry trade to help create a “safer” USDe synthetic dollar product for users.
Ethena developers stated,
After the unprecedented growth of USDe since launch, Ethena hedges represent ~20% of ETH open interest as of today. With $25bn of BTC open interest readily available for Ethena to delta hedge, the capacity for USDe to scale has increased >2.5x. BTC derivative markets are growing at a faster pace than ETH and offer better scalability and liquidity. As Ethena scales closer to $10bn this provides a more robust backing, and ultimately a safer product for users.
We think we're uniquely positioned to have a competitive entry in that market. We have our presence both on the institutional side with our payments product, and on the XRP Ledger side, we have some entry into the DeFi section of the space. Those are kind of the two big buckets in which stablecoins are being used today.
https://www.youtube.com/watch?v=WTs_Mv9rSEg
Читать полностью…
🔔 MARKET MOVING NEWS! (14/04/24)
1️⃣ Binance Executive Tracked To Kenya, Extradition Underway 🔍
The Nigerian Government has reportedly traced Nadeem Arjarwalla, the Binance executive who escaped custody, currently hiding in Kenya. The authority is now taking steps to extradite him to Nigeria. The Nigerian government is collaborating with Interpol and Kenyan police to bring Arjarwalla back to Nigeria to face charges leveled against him. According to an immigration official, Arjarwalla fled Nigeria on a Kenyan passport, and authorities are now trying to determine how Anjarwalla acquired the passport, as he had no other travel documents while in custody.
Source
2️⃣ Bitcoin Falls 8%, Drops Below $62K Before Rebound 🔽
Following news of Iran launching drones toward Israel, the price of BTC and the broader cryptocurrency market fell nearly 10% earlier today. Notably, data from Coinglass reveals that approximately $962.87M in liquidations have occurred within the past 24 hours. However, cryptocurrencies began to rebound sharply after Iran subsequently announced the end of military operations. Notably, Iran’s action is retaliation for an attack conducted by Israel days before, which targeted a diplomatic compound in Damascus, Syria, killing seven Iranians, including two generals.
Source
3️⃣ Uniswap Labs Hikes Swap Fee To 0.25% From 0.15% On Trades Through Interface 🕯
Uniswap Labs, the main developer behind the Uniswap Protocol, has reportedly hiked the fee it charges to users for using its front-end interface to trade on the protocol from .15% to .25% for most swaps. The swaps excluded from the fee include swaps between stablecoins based on the same underlying currency and wraps between ETH and WETH. Users can also avoid the fee by using an alternative interface to access Uniswap rather than the one developed by Uniswap Labs. Interestingly, the fee hike was made on Apr. 10, mere hours after Uniswap founder Hayden Adams revealed that the SEC had sent a Wells Notice warning of an incoming lawsuit to the company.
Source
4️⃣ GBTC Sees $166M Outflows Despite CEO’s ‘Equilibrium’ Remark ‼️
According to data from Farside Investors, the Grayscale Bitcoin Trust (GBTC) continues to experience significant outflows, with over $166 million and more than 2,500 BTC withdrawn from the fund’s holdings on Friday, April 12.
Notably, the significant outflows continue even though Grayscale CEO Michael Sonnenshein hinted on April 10 that outflows from the Grayscale Bitcoin Trust might be stabilizing. One potential reason behind the massive GBTC outflows is its comparatively high management fee of 1.5%, which is significantly higher than the 0.30% average fee charged by its competitors.
Source
🚨 New Video Alert!! 🚨
The memcoin craze is showing no signs of slowing down, and Solana has been ground zero. This has left everyone wondering how they can get involved in a safe way. Today’s video shows you exactly that.
Make no mistake, memecoins are extremely risky and extremely volatile, but there’s no denying that they have the potential to produce life changing returns. This assumes you know what you’re doing.
By the end of this video, you’ll have all the tools you need to go down the memecoin rabbit hole. With some luck, you’ll find some gold at the bottom, or at the very least, a learning experience!
Enjoy!
🔔 MARKET MOVING NEWS! (12/04/24)
1️⃣ Chainlink Aims to Make Transfers Across Blockchains Safer with New Bridge App 'Transporter' ☄️
Decentralised oracle provider Chainlink has reportedly launched Transporter - an app that enables the cross-chain transfer of cryptocurrencies across the Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Optimism, Polygon, and WEMIX networks.
Chainlink stated,
Transferring crypto across chains has historically been a risky activity, with bridge hacks accounting for nearly 50% of all value hacked in Web3. Transporter leverages Chainlink CCIP’s unmatched levels of security, which include an independent Risk Management Network that continuously monitors and validates the behavior of every cross-chain transaction over CCIP.
🔥 Rally Report 🔥
THETA NETWORK
The price of THETA has rallied by 7% in the past 24 hours.
WHY?!
☄️ Hybrid cloud computing platform Theta EdgeCloud has reportedly partnered with the distributed cloud GPU network project Aethir to launch the largest hybrid GPU marketplace for developers and enterprises.
🔴 The collaboration reportedly aims to provide 20-30 times greater power than any comparable network in the industry today.
If you want to buy or trade THETA, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?!
📹 https://www.youtube.com/watch?v=YZV9mji7UQo
🚨 New Video Alert!! 🚨
Layer 3s?!!
That’s right, as if Layer 2s weren’t enough, Ethereum now has a shiny new third layer. The L3 space is still incredibly small, and yet they’ve already managed to stir things up in a big way.
Not only do Layer 3s provide even more scalability than their Layer 2 counterparts, they also allow brand new functionality not previously possible on Ethereum. This means 2 things: They’re incredibly speculative, and some could have 100x potential.
The concept of Layer 3s has also divided the opinions of some investors and high-profile crypto natives, and it’s clear they’ll have their fair share of obstacles.
Today, we’ll be taking a look at Layer 3s, what they bring to the table, where to look for those 100x projects, and the challenges that L3s could face.
Enjoy!
🔔 MARKET MOVING NEWS! (09/04/24)
1️⃣ Filecoin Liquid Staking Platform STFIL Claims Team Members Under Investigation by Chinese Police 🥶
Team members of STFIL, a liquid staking platform for Filecoin, are reportedly under investigation by the Chinese police. The project tweeted that it has hired lawyers to assist the individuals currently being detained. It further stated that Filecoin tokens from the platform were moved to an "unknown, external address" last week while the core technical team members were under detention. This address currently holds 2.5 million FIL tokens ($22 million).
Source
2️⃣ BitMEX Co-Founder Must Face Suit Over ‘God Access’ Trading Desk, Judge Rules ▶️
A United States federal judge has ruled that Ben Delo, the co-founder of crypto exchange BitMEX, “was central” to alleged manipulation efforts and “conceived of and designed” a liquidation system allowing BitMEX “to profit from the manipulation.” Delo is now set to face a class-action lawsuit from exchange users. Specifically, the lawsuit, which was filed in 2020, claims BitMEX co-founders Ben Delo, Arthur Hayes and Samuel Reed used customer information to determine which market moves would liquidate the highest number of users — which would net the exchange a profit — and would conduct trades to make that happen.
Source
3️⃣ Chainalysis Hires Former Chief Of IRS Criminal Investigations ⚡️
Blockchain analytics firm Chainalysis has reportedly hired Jim Lee, the former chief of the Internal Revenue Service’s Criminal Investigations (IRS-CI) unit. Lee joins the organisation as its Global Head of Capacity Building. In this role, Lee will help law enforcement, regulators, and other organisations leverage the company's tools to fight illicit financial crime
Lee stated,
As Global Head of Capacity Building, I’ll be working to better enable the men and women in law enforcement to thwart many threats in parallel — just like I have been for the last 29 years — and will primarily focus on helping international agencies develop solutions against cryptocurrency-based crime to start. I’ll also have the chance to help crypto businesses and financial institutions in the private sector build and maintain robust compliance programs.
https://www.youtube.com/watch?v=Q-I8Tw9fkhM
Читать полностью…
🔔 MARKET MOVING NEWS! (08/04/24)
1️⃣ dYdX Experiences Chain Halt During Upgrade, Engineers Are Investigating 🔽
According to a report by The Block, decentralised derivatives exchange dYdX experienced a chain halt during a scheduled upgrade. dYdX engineers are currently debugging the issue.
The outage has been ongoing since 6:50 a.m. UTC. Notably, the incident represents the first major outage for the protocol since dYdX version 4 and its standalone Cosmos blockchain launched on mainnet in October. In a status update at 9:21 a.m. UTC, dYdX said the issue continues to be investigated and it has been agreed for network validators to reconvene at 3 p.m. UTC.
Source
2️⃣ HashKey’s Crypto Exchange Goes Live After Winning License in Bermuda ⚡️
Asia-based digital asset financial services firm HashKey Group has announced the launch of ‘HashKey Global’ after obtaining a relevant license in Bermuda. HashKey Global is a global cryptocurrency exchange that forms part of the company’s international expansion. The new exchange will reportedly not provide services to mainland China, HK and the US, and will instead focus on other overseas Chinese and Southeast Asian countries.
Livio Weng, chief operating officer of HashKey Group stated,
HashKey Group aims to establish one of the world's largest clusters of licensed exchanges within the next 5 years, surpassing all current regulated exchanges. The Bermuda license marks another license obtained by HashKey Group following those in Japan, Hong Kong, and Singapore, issued by regulatory authorities in yet another jurisdiction, demonstrating global recognition of our past efforts.
The (ParaSwap) Foundation will cover the remaining costs linked to the vulnerability, including the refunds, the engagement of security analysts, conducting thorough contract re-audits, communication with authorities, and the formulation and execution of the refund process.
https://www.youtube.com/watch?v=jongx5j50f4
Читать полностью…
🔔 MARKET MOVING NEWS! (07/04/24)
1️⃣ South Korean Party Pledges Access to US Bitcoin ETFs in Race for Votes 💸
According to a recent Bloomberg report, leading political parties in South Korea are promising crypto-related incentives ahead of the country’s upcoming parliamentary elections in order to win the favour of voters.
Notably, the country’s opposition Democratic Party has vowed to remove restrictions on domestic and international ETFs directly holding crypto tokens – this includes the United States Bitcoin ETFs. President Yoon Suk Yeol’s People Power Party also pledged to delay taxes on digital assets’ profits, scheduled to take effect in 2025.
Source
2️⃣ Aave Contemplates Fee Distribution In DeFi Shake-Up ☄️
According to a recent tweet posted by Aave Chan Initiative founder Marc Zeller, the decentralised lending platform might soon vote on whether or not to turn on a 'fee switch' and distribute fees to holders. Zeller also noted that Aave DAO's current net profits sum to about $60 million per year, reflecting five years of operational costs.
Source
3️⃣ Federal Watchdog Takes Aim at Crypto Gaming 🤔
The U.S. Consumer Financial Protection Bureau (CFPB) is reportedly keeping an eye on online gaming, specifically financial transactions taking place on game platforms. The CFPB labels such financial transactions as “banking in video games and virtual worlds.” This reportedly includes activities such as buying extra lives or special powers in a casual game or earning “virtual currencies” or tokens in a play-to-earn game. The agency said its oversight is part of its broad mandate to protect consumers in financial markets wherever those markets exist.
The CFPB stated,
In some of the most popular video games today, players generally earn or buy in-game currency, essentially converting fiat currency to in-game currency. In-game currency is then used to buy goods and services as a part of gameplay, including virtual items […] If gaming assets are a medium of exchange for goods and services or peer-to-peer transfers, they are comparable to banks and payment services.
https://www.youtube.com/watch?v=bw1piBAOG9s
Читать полностью…
🔔 MARKET MOVING NEWS! (06/04/24)
1️⃣ Terra Founder Do Kwon Found Liable for Fraud in SEC Lawsuit ⚡️
A New York jury has reportedly found Terraform Labs and its founder, Do Kwon liable for defrauding investors in its civil case with the United States Securities and Exchange Commission.
SEC Enforcement Director Gurbir Grewal stated,
We are pleased with today’s jury verdict holding Terraform Labs and Do Kwon liable for a massive crypto fraud. Terraform Labs and Kwon, its former CEO, deceived investors about the stability of the crypto asset security and so-called algorithmic stablecoin Terra USD, and they further misled investors about whether a popular payment application used Terraform’s blockchain to process and settle payments.
With these new services, we’re directly addressing the unique challenges faced by stablecoin issuers, ultimately promoting growth and stability within the Web3 economy. Generally, for stablecoins to maintain their value, the issuer will need to securely store an equivalent amount of fiat currency, such as dollars, in fiat reserves. This ensures that holders can always redeem their stablecoins for the equivalent amount of the underlying fiat currency.
Specifically, the regulator seeks to prohibit the listing of digital assets with hacking incidents on domestic exchanges until the root cause is thoroughly determined. It also states that foreign digital assets can be listed on domestic exchanges only if a white paper or technical manual is published for the South Korean market. However, these new rules will reportedly not apply to tokens already listed on a licensed exchange for over two years.
Source
🔥 Rally Report 🔥
PENDLE
The price of PENDLE has rallied by 13% in the past 24 hours.
WHY?!
📈 Pendle reaches $4 billion in TVL and $10 billion in trading volume.
✨ Notably, the spike in TVL on Pendle is due to the ongoing ether restaking boom as well as an increase in popularity due to Pendle's point farming strategies that was launched this year.
If you want to buy or trade PENDLE, we have an exclusive $60K Airdrop Bonus Promo on ByBit as well as 0% maker fees for 30 days!
🔗 https://www.coinbureau.com/deals/trading/bybit-cb/
Looking for a Bybit guide?!
📹 https://www.youtube.com/watch?v=YZV9mji7UQo