✅ Right now Jerome Powell is rocking the markets at his press conference.
Main point: the Fed has probably peaked on the rate, but will only cut it after beating inflation 😇
Wednesday's news:
🔸 Fed left rate unchanged at 5.25-5.5%
🔸 Delaware court overturns $55 billion payout to Ilon Musk for running Tesla 🕑 🕑
🔸 GameFi project MetaTrace has revealed the mechanics of NFT towns where owners receive a 1% tax on players' earnings within a geolocation
🔸 Bankrupt exchange FTX plans to return funds to all customers, but there will be no relaunch
🔸 Shares of US bank New York Community Bancorp plummet 35% after poor quarterly report
🔸 Ripple co-founder Chris Larsen's wallets hacked for 213 million XRP ($112.5 million)
🔸 PayPal to lay off 9% of employees to optimize costs
🔸 Study: Hackers stole $126 million worth of cryptocurrencies in January
🔸 Hong Kong authorities investigate Worldcoin crypto project 👀
🔸 Jack Dorsey's Block company will lay off 1,000 employees
🔸 UK authorities confiscate 61,000 BTC
🔷 Rates:
🌐 Bitcoin - $43,296 (↓0.49%)
📉 S&P 500 - $4,859 (↓1.33%)
🌕 Gold - $2,032 (↓0.22%)
⚫️ Oil Brent - $80.40 (↓2.37%)
✅ The trading volume of spot BTC ETFs has surpassed $11 billion, except bitcoin itself isn't growing.
What if the Wall Street guys are shorting 🔪
Thursday's news:
🔸 BlackRock already owns 25,067 BTC to back its ETF
🔸 Donald Trump has promised to prevent CBDC from launching in the US if he wins the presidential election 🗽
🔸 The SPONGE meme token rose 106% in a month ahead of the launch of an updated version of the token - SPONGE V2
🔸 Hackers hacked the Twitter accounts of crypto projects Rocket Pool, VeChain and Arkham Chapter
🔸 Samsung launches AI smartphone with Google's Gemini technology
🔸 Trader made $1 million in 7 days by buying $300 worth of TROLL meme token
🔸 Media: Chinese scientists create mutated coronavirus with 100% lethality 🦠
🔸 Tether bought another 8,888 BTC and now holds 66,465 BTC on its balance sheet
🔸 Bitcoin mining uses 54.5% green energy
🔷 Rates:
🌐 Bitcoin - $40,997 (↓3.76%)
📉 S&P 500 - $4,772 (↑0.70%)
🌕 Gold - $2,020 (↑0.69%)
⚫️ Oil Brent - $79.02 (↑1.29%)
✅ The market was parroted by big BTC transfers to Coinbase, probably ETF issuers' shenanigans 🥇
But it didn't affect the price much, also holding around $43k.
Tuesday's news:
🔸 Stablecoin TUSD with a capitalization of $1.9 billion has decoupled from the dollar
🔸 Ilon Musk has issued an ultimatum to Tesla, he is demanding an increase in his shareholding from 13% to 25% 🕑 🕑
🔸 Unknown person paid 4 BTC commission for sending 2.9 BTC
🔸 China's central bank left the medium-term rate unchanged
🔸 Solana team to release second crypto smartphone that will be cheaper than Saga
🔸 Oil company Shell has stopped all shipments through the Red Sea
🔸 Polygon cryptocurrency team suspected of embezzling 400 million MATIC ($340 million) that was supposed to go to a pool for steaking 😡
🔷 Courses:
🌐 Bitcoin - $43,099 (↑0.50%)
📉 S&P 500 - $4,758 (↓0.53%)
🌕 Gold - $2,028 (↓1.27%)
⚫️ Oil Brent - $78.14 (↓0.14%)
Shiba Inu Burn Rate Rockets 1600% As Community Burns 89 Mln SHIB https://coingape.com/shiba-inu-burn-rate-rockets-1600-as-community-burns-89-mln-shib/?utm_source=Telegram&utm_medium=Mike
Читать полностью…✅ It's Christmas and no trading in the States, and BTC has decided to play stablecoin again 🎄
Monday's news:
🔸 Reuters: the SEC has given investment firms until Dec. 29 for a final update on spot bitcoin-ETF filings
🔸 The Central Bank of Nigeria has lifted the ban on cryptocurrency transactions
🔸 Study: Hackers have stolen $1 billion worth of cryptocurrencies via phishing since 2021
🔸 BTC miners' revenue from commissions increased by 400% during 2023
🔸 Japanese authorities canceled tax for companies on unrealized profits from cryptocurrencies
🔸 Crypto exchange MEXC refutes rumors of wallet blocking and withdrawal problems 🤚
🔸 The number of active users in Solana network reached a new record - 15.6 million, current rate $122
🔸 DEX KyberSwap laid off 50% of employees after hack
🔷 Courses:
🌐 Bitcoin - $43,476 (↑0.34%)
📉 S&P 500 - $4,754 (↓0.53%)
🌕 Gold - $2,053 (↑0.36%)
⚫️ Oil Brent - $78.87 (↓0.60%)
✅ BTC again hit its 2023 high and at one point the price even exceeded $42k.
But many market participants are still waiting for a correction, and this could be the reason why there is no way it will come 🧪
Monday's news:
🔸 Franklin Templeton investment firm head Jenny Johnson spoke about personal investments in BTC and ETH
🔸 Study: Coinbase and Bybit gained market share more than other CEX exchanges, after US authorities hit Binance 🔼
🔸 Inflation in Turkey has reached 62%, Central Bank rate of 40% has not yet affected price growth
🔸 Circle introduced a solution to cancel transactions on blockchain. Thus, the USDC issuer wants to finally turn cryptocurrencies into fiat currencies
🔸 Chinese bankrupt real estate developer got a reprieve in liquidation: the arbitration court postponed the hearing of the case to January 29
🔸 Recorded Future analysts found that North Korean hackers have stolen $3 billion worth of cryptocurrencies since 2017
🔸 U.S. Space Force Major Jason Lowry called the Pentagon's attention to the data protection capabilities of the bitcoin blockchain 🌐
🔸 Spotify will conduct a third round of layoffs this year and kick another 1,500 employees out on the street
🔷 Courses:
🌐 Bitcoin - $41,537 (↑5.02%)
📉 S&P 500 - $4,567 (↓0.60%)
🌕 Gold - $2,024 (↓2.29%)
⚫️ Oil Brent - $78.51 (↓0.76%)
✅ The SEC has started collecting comments on the launch of a spot bitcoin-ETF.
This procedure was again promoted as a guarantee of a future favorable decision, but the pamp got so-so 📉
Wednesday's news:
🔸 Philippine authorities said Binance is operating in the country without a license
🔸 US GDP for Q3 was revised upward from 4.9% to 5.2%
🔸 Investor legend Charles Munger has died at the age of 99 🕯
🔸 Binance will discontinue the BUSD stablecoin on December 15
🔸 Amazon unveiled its own AI-powered chatbot Q
🔸 Cristiano Ronaldo is being sued for advertising Binance
🔸 Velodrome and Aerodrome protocols compromised on Optimism and Base networks
🔸 Study: 75.5% of GameFi projects closed in the last 5 years 💀
🔸 Bloomberg: Digital Currency Group has reached a new agreement with creditors to repay $620 million in debts owed by bankrupt Genesis
🔹 Courses:
🌐 Bitcoin - $37,871 (↓0.49%)
📉 S&P 500 - $4,565 (↑0.24%)
🌕 Gold - $2,047 (↑0.33%)
⚫️ Oil Brent - $82.75 (↑1.65%)
ECB Warns of Overvaluation Risks Amid AI Surge in Financial Markets https://coingape.com/ecb-warns-overvaluation-risks-amid-ai-surge-financial-markets/?utm_source=Telegram&utm_medium=Mike
Читать полностью…Philippines Initiates $179 Mln Tokenized Treasury Bonds Revolutionizing Digital Finance https://coingape.com/philippines-initiates-179-mln-tokenized-treasury-bonds-revolutionizing-digital-finance/?utm_source=Telegram&utm_medium=Mike
Читать полностью…Binance Vs SEC Lawsuit Update: Binance.US Files Unopposed Motion For Continuance https://coingape.com/binance-vs-sec-lawsuit-update-binance-us-files-unopposed-motion-continuance/?utm_source=Telegram&utm_medium=Mike
Читать полностью…Bitcoin reaches new highs, the US Congress surprises, and China has decided to increase its national debt by $137 billion. Let’s summarize the week:
💎 Cryptocurrencies
1️⃣ BTC grew by 14% over the week, reaching a new high for this year and breaking through important resistance at $32k. This was done using yet another manipulation with ETFs, which was discussed in detail in the video.
Taking into account the reasons for the growth of the last two weeks, the market has entered a stage when either the manipulation will continue, or the time will come to shave longs 🧐
2️⃣ Changpeng Zhao’s fortune decreased by 82% based on the revision of Binance’s valuation, which was affected by the fall of the crypto market and regulatory claims against the exchange.
Zhao will somehow survive with the remaining couple of billion dollars, and at the same time he will have an incentive to organize a new large-scale pump 😎
3️⃣ The US Congress called for checking Binance and Tether for terrorist financing.
Either Congress wants to fire Gensler or close Binance. You don’t even know if it’s good that their conversations don’t get to the point or not 😇
🪙 Finance
1️⃣ China will increase its national debt by $137 billion to stimulate the economy, and Mr. Xi even personally visited the local Central Bank to show his control over the situation.
In fact, this amount will not even come close to solving all the problems in the Chinese economy, but it will definitely last for some time 🙄
2️⃣ The US Congress has finally elected a new Speaker of the House of Representatives, Mike Johnson. Now the chance of passing the budget by November 17 has increased to 80%.
True, Mike Johnson is part of the wing of radical Trump supporters, and now it will be extremely difficult for Biden and the Democrats to get as much money as they planned 🗽
3️⃣ Google shares fell by 9% after an unsuccessful quarterly report, while the report itself was good, but forecasts for the next quarter disappointed investors.
Apple's report is next week and there may be surprises there too 🍏
Bitcoin (BTC) Hits New 2023-High at $35,000 Amid BlackRock’s Move https://coingape.com/bitcoin-btc-hits-new-2023-high-at-35000-amid-blackrocks-move/?utm_source=Telegram&utm_medium=Mike
Читать полностью…Breaking: Mike Novogratz Says SEC To Approve Spot Bitcoin ETF This Year https://coingape.com/mike-novogratz-sees-spot-bitcoin-etf-approval-by-sec-this-year/?utm_source=Telegram&utm_medium=Mike
Читать полностью…Sam Bankman-Fried’s Attorneys To Cross-Examine Gary Wang Regarding Alameda Loans https://coingape.com/sam-bankman-frieds-attorneys-to-cross-examine-gary-wang-regarding-alameda-loans/?utm_source=Telegram&utm_medium=Mike
Читать полностью…What Happened to John McAfee? Spanish Court Confirms Death By Suicide
https://coingape.com/what-happened-to-john-mcafee-spanish-court-confirms-death-by-suicide/?utm_source=mike&utm_medium=telegram
Binance Delists ETH & BNB Spot Trading Pairs But There’s A Catch https://coingape.com/binance-delists-eth-bnb-spot-trading-pairs-but-theres-a-catch/?utm_source=Telegram&utm_medium=Mike
Читать полностью…Binance Delists BTC, ETH, BNB Spot Trading Pairs But Here’s The Catch https://coingape.com/binance-delists-btc-eth-bnb-spot-trading-pairs-but-heres-the-catch/?utm_source=Telegram&utm_medium=Mike
Читать полностью…Elon Musk’s X Faces Legal Blow As Court Rejects Appeal To Access Trump’s DMs https://coingape.com/elon-musk-x-faces-legal-blow-as-court-rejects-appeal-to-access-trump-dm/?utm_source=Telegram&utm_medium=Mike
Читать полностью…✅ Bitcoin reached $49,000 at the start of bitcoin-ETF trading and then fell 13%.
According to one version, the fall of BTC is due to the mass exodus of investors from Grayscale Bitcoin Trust 🙁
Weekly Digest:
💎 Cryptocurrencies
🔸 SEC approves 11 spot bitcoin ETFs
🔸 In the first 2 days, the trading volume of spot BTC ETFs in the U.S. totaled $7.7 billion
🔸 BlackRock now owns 11,439 BTC
🔸 Venezuela shuts down its own oil cryptocurrency Petro: project was a failure 💀
🔸 Katie Wood says she has invested 25% of her fortune in bitcoin
🔸 USDC issuer Circle has filed for an IPO
🔸 Near Foundation to lay off 40% of employees
🏦 Crypto exchanges
🔸 Binance updated reserve data: all assets are secured and even grew
🔸 Open interest in BTC futures on the regulated CME exchange reached a record $6.2 billion
🔸 Crypto exchanges Binance, Kraken, MEXC, KuCoin, Huobi, Gate io, Bittrex and Bitfinex apps have been removed from the Indian App Store
🔸 FTX creditors are suing the exchange and demanding their funds be returned in cryptocurrency, not dollars at 2022 prices
Financial News
🔸 US authorities have begun preparing for a shutdown amid fresh controversy in Congress 🚫
🔸 China's exports showed a decline for the first time since 2016
🔸 US inflation rose to 3.4% in December from a forecast of 3.2%
🔸 Saudi Arabia decided to sell oil to the Asian market at a discounted price
🔸 Microsoft has become the world's most valuable company, overtaking Apple
⚙️ Technology
🔸 OpenAI launched artificial intelligence GPT Store
🔸 OpenAI has authorized the use of its developments for military purposes
🔷 Courses:
🌐 Bitcoin - $42,594 (↓0.37%)
📉 S&P 500 - $4,783 (↑0.08%)
🌕 Gold - $2,049 (↑0.99%)
⚫️ Oil Brent - $78.35 (↑0.18%)
Billionaire Mark Cuban Offloads Polygon (MATIC) Holdings To Coinbase, Price Fell 5% https://coingape.com/billionaire-mark-cuban-offloads-polygon-matic-holdings-to-coinbase-price-fell-5/?utm_source=Telegram&utm_medium=Mike
Читать полностью…BitMEX Announces Terra Classic (LUNC) Perpetual Contract Listing After USTC https://coingape.com/bitmex-announces-terra-classic-lunc-perpetual-contract-listing-after-ustc/?utm_source=Telegram&utm_medium=Mike
Читать полностью…✅ Bitcoin hit a 2023 high, getting to $38,400. But then the price came back below $38k 😕
Friday's news:
🔸 Argentina's new president Javier Milay confirmed his plans to close the central bank
🔸 Changpeng Zhao's lawyers filed a motion asking that he not be barred from leaving the U.S. pending trial
🔸 Reuters: Nvidia delayed the start of production of a new AI chip that could be exported to China
🔸 ECB chief Christine Lagarde's son has drained almost all of his savings on cryptocurrency investments
🔸 The team behind custodial Lightning wallet Wallet of Satoshi will close access to the app to US customers
🔸 WSJ: In prison, Curly Sam teaches guards about crypto investing and got a haircut for 4 cans of mackerel 🐟
🔸 Montenegrin authorities have approved Do Kwon's extradition to the US or South Korea
🌐 Bitcoin - $37,718 (↑1.17%)
📉 S&P 500 - $4,559 (↑0.06%)
🌕 Gold - $2,002 (↑0.48%)
⚫️ Oil Brent - $80.10 (↓1.17%)
✅ Bitcoin is back at $36k because they didn't wait for ETFs again 🙃
Thursday's news:
🔸 BlackRock's bid for a spot Ethereum ETF appears on the SEC website
🔸 IMF sees CBDC as a means to replace cash
🔸 Startup Nocturne Labs unveiled a network for creating private accounts in the Ethereum ecosystem 🥷
🔸 South Korea's pension fund has bought $20 million worth of Coinbase shares
🔸 Paxos re-launches USD-linked stablecoin, but in Singapore
🔸 JPMorgan tested tokenized investment portfolio management on the Avalanche network
🔸 DEX PancakeSwap unveiled an NFT-enabled Web3 gaming platform 🎮
🔸 Bloomberg: Tether to invest $500 million in BTC mining
🔹 Rates:
🌐 Bitcoin - $35,985 (↓4.36%)
📉 S&P 500 - 4,501 (↓0.04%)
🌕 Gold - $1,983 (↑1.23%)
⚫️ Oil Brent - $77.43 (↓4.41%)
✅ Today is ATH bitcoin's ATH day of $69,000, which was set on November 10, 2021.
And a year later on the same day the FTX scam started 👀
Friday's news:
🔸 BlackRock's bid to launch a spot Ethereum ETF has been confirmed
🔸 Ex-director of Binance CIS Vladimir Smerkis became the first client of the new Trace Ads platform from GameFi project MetaTrace
🔸 CME has surpassed Binance in terms of open interest in BTC futures
🔸 Poloniex crypto exchange hacked, damage could exceed $100 million Justin Sun promised to compensate everything
🔸 Toncoin team announced the start of cryptocurrency wallet integration into Telegram
🔸 MicroStrategy's bitcoins are on track for $1 billion in profits 🤑
🔸 China will criminalize the theft of NFTs
🔹 Courses:
🌐 Bitcoin - $37,376 (↑2.96%)
📉 S&P 500 - $4,406 (↑1.37%)
🌕 Gold - $1,936 (↓1.11%)
⚫️ Oil Brent - $81.87 (↑2.53%)
✅ BTC claims third consecutive green week, struggling to close above $35k.
S&P 500 adds 5% on faith in end of Fed rate hike cycle 🤑
Weekly Digest:
💎 Cryptocurrencies
🔸 Tether reported 100% collateralization of USDT, of those funds $72.6 billion are in US bonds
🔸 TON blockchain set a new world record for the number of transactions processed 🏆
🔸 Investment firm VanEck has also renewed its bid for a spot bitcoin-ETF
🔸 MicroStrategy bought another 155 BTC and now owns 158,400 BTC
🔸 The Central Bank of Georgia has chosen Ripple as a partner to develop a national digital currency
🏦 Crypto exchanges
🔸 Curly Sam found guilty on all charges and could go to jail for 115 years
🔸 Regulated exchange CME has become the top 2 marketplace for open interest in BTC futures
🔸 Media: Binance will stop supporting the ruble due to the end of its partnership with Advcash
🔸 Coinbase opens crypto futures trading to US residents
Financial news
🔸 Fed expectedly left rate unchanged at 5.25-5.5%
🔸 China's producer activity index showed an unexpected decline in October
🔸 WeWork shares fall $50% in 1 day on bankruptcy rumors
🔸 Japan allocates $110 billion to stimulate economy and fight inflation
🔸 SPB Exchange hit by US sanctions, shares plummet 10%
⚖️ Regulation
🔸 SEC sues PayPal for issuing PYUSD stablecoin 🚨
🔸 Since the beginning of the year, CFTC has paid whistleblowers $15 million for information about crypto projects
🔸 Pearl cryptocurrency founder gets 4 years in prison for unpaid taxes
🔸 New York prosecutor's office charged the founders of DeFi SafeMoon with scamming
🚨 Hacks
🔸 80 cryptocurrency wallets lost $4.4 million due to LastPass password manager data breach
🔸 Crypto projects lost $51.6 million in scams and hacks in October
🔸 An unidentified person made $1 million in cryptocurrency arbitrage during the sudden activation of the Multichain protocol, which has been dormant since the summer
🔷 Courses:
🌐 Bitcoin - $35,106 (↑0.93%)
📉 S&P 500 - $4,358 (↑0.94%)
🌕 Gold - $1,992 (↑0.34%)
⚫️ Oil Brent - $85.12 (↓2.07%)
IntoTheBlock: Bitcoin easily crossed the 30 thousand mark.
The current picture on the chain shows that 80% of holders are currently in profit. This level has not been seen since the peak of the bull market in '21.
As Bitcoin approaches the $40K mark, there is not exceptionally much potential resistance on-chain, and the $30K level could act as reliable support in the event of a pullback.
We are also seeing a 27% increase (over 30 days) in the amount of BTC held by short-term holders, which is typical of bullish conditions as short-term traders and newbies purchase Bitcoin on the upswing.
✅ Rumors: the Cointelegraph intern who published yesterday’s fake about ETFs opened a long position on Bitcoin with 50 leverage on time and earned $2.25 million 🙈
Tuesday news:
🔸 Binance US stopped withdrawing dollars due to loss of FDIC insurance
🔸 The US will limit the supply of modern AI chips to China 🛑
🔸 Fiat payment options will appear in the web version of the MetaTrace crypto project
🔸 The Roblox gaming platform has added the ability to pay with XRP tokens
🔸 DEX Uniswap will introduce an additional commission for transactions with a number of tokens in the amount of 0.15%
🔸 On average, shares of Apple, Microsoft, Alphabet, Amazon and Nvidia grew by 36% in 2023
🔸 Disreputable blockchain developers Everscale reported the loss of most of their native EVER tokens
🔸 Financial Times: Binance has blocked more than 100 accounts linked to Hamas
🔸 ASIC miner manufacturer Bitmain fired employees who reported salary delays to the media 🤦♂️
🔸 Lido staking protocol no longer supports Solana cryptocurrency
🔹 Courses:
🌐 Bitcoin - $28,482 (↑0.37%)
📉 S&P 500 - 4,367 (↓0.15%)
🌕 Gold - $1,920 (↓0.01%)
⚫️ Oil Brent - $89.78 (↓0.40%)
✅ The S&P 500 continues to rise due to a change in the Fed's sentiment regarding a rate hike.
But Bitcoin never found its buyer, so it is gradually losing ground 😕
Tuesday news:
🔸 Media: The Fed has changed its mind and is going to continue the pause in raising rates
🔸 Leading Chinese developer Country Garden is on the verge of default 😳
🔸 The Quest platform of the GameFi project MetaTrace has crossed the milestone of 1 million users
🔸 Research: Analysts from investment giant Fidelity identified Bitcoin as the safest cryptocurrency in the world
🔸 Bloomberg: Binance failed to create a $1 billion crypto industry rescue fund
🔸 The BTC whale, which had been sleeping for 7 years, transferred 3,000 BTC to two new addresses
🔸 An unknown person bought an NFT from the CrypToadz collection for $1.6 million at a maximum price on the market of only 0.6 ETH. “Laundering trade” is suspected 🐸
🔸 NFT project Lucky Star Currency performed actions very similar to exit scam
🔹 Courses:
🌐 Bitcoin - $27,390 (↓0.83%)
📉 S&P 500 - 4,361 (↑0.60%)
🌕 Gold - $1,859 (↓0.08%)
⚫️ Oil Brent - $87.45 (↓0.86%)
✅ BTC broke through $28k in both directions and is now trading at $27,800 🙃
The S&P 500 continued its correction: against the backdrop of a rising dollar for the twelfth week in a row.
Monday news:
🔸 Grayscale Crypto Fund Files with SEC to Convert ETH Trust into Spot ETF
🔸 Elon Musk personally tested streaming on Twitter
🔸 Research: In September, crypto projects were hacked for $329.8 million
🔸 A pilot project for a national digital currency has been launched in Georgia
🔸 Wells Fargo CEO Greg Beckett jumped to his death from an office window in Delaware. They say it's due to stress 😱
🔸 The SEC accused the founder of LUNA Do Kwon of cheating the statistics of crypto projects with fake transactions
🔸 Chia Network developer fired 24 of 70 employees
🔹 Courses:
🌐 Bitcoin - $27,838 (↑2.75%)
📉 S&P 500 - 4,274 (↓0.33%)
🌕 Gold - $1,829 (↓1.03%)
⚫️ Oil Brent - $90.44 (↓1.76%)
✅ S&P 500 red, BTC below $27k again 😡
Say thank you to the Republicans who failed to vote in the House of Representatives for their own project to prevent a shutdown in the United States.
Friday news:
🔸 SEC allows Valkyrie to add ETH to its BTC futures ETF
🔸 SEC postponed consideration of applications for spot Bitcoin ETF from BlackRock, Invesco, Valkyrie and Bitwise
🔸 The heir to the Binance business in the Russian Federation, the CommEX exchange stated that it is a completely independent company. There is no evidence, just take my word for it 😁
🔸 The strike of workers of General Motors, Ford and Stellantis continues in the USA
🔸 Media: Singapore police arrested the founder of cryptobankrupt Three Arrows Capital Su Zhu
🔸 PayPal has filed a patent for NFT trading. Don't tell them the NFT market is a little dead
🔸 Mining companies in Kazakhstan sent an open letter to President Tokayev, where they talked about the bad situation and the threat of closure ⛏
🔸 US authorities filed a lawsuit against Tesla for discrimination against black workers
🔹 Courses:
🌐 Bitcoin - $26,914 (↓0.14%)
📉 S&P 500 - 4,290 (↓0.21%)
🌕 Gold - $1,848 (↓0.48%)
⚫️ Oil Brent - $92.05 (↓1.13%)