Daily summary, March 22
📊 The US Federal Reserve raised the rate by 0.25%.
🤯 Telegram users can now send USDT to each other to their internal wallet using the Wallet bot.
✍🏻 The White House said that digital assets do not fulfill their tasks and carry high risks, both for consumers and for the entire US financial system.
🇪🇺 Circle predicts an increase in the interest of banks in cryptocurrencies after the adoption of MiCA.
☀️ SEC sues Justin Sun for illegally selling crypto securities.
🤖 Google has launched a competitor to ChatGPT - an artificial intelligence chatbot called "Bard".
🧠 Bill Gates called GPT the most revolutionary advance in technology since the advent of the graphical user interface (GUI) in 1980.
🎨 Sony discloses NFT-related patent application.
🤝 Nexon chooses Polygon technology to bring blockchain to games.
⚙️ Magic Eden added support for Bitcoin-NFTs.
🧢 Balmain released a limited collection of sneakers along with an NFT version
📈 XRP reacted with growth to rumors about a favorable outcome of the SEC case against Ripple.
📈 Since the beginning of 2023, Coinbase $COIN stock have risen by more than 100%.
⚖️ Sushi DAO Proposes to create a $3M legal defend fund after SEC subpoenas.
🇺🇦 Ukraine launched a platform for detecting crypto-currency associated with criminals.
🎶 Tim Draper sang a song about bitcoin and criticized world governments.
✨ ORN is now listed on Lunar Crush trade.
💰 US Treasury to prepare recommendations on NFT taxation.
@CryptoWorldNews
Daily summary, March 21
📈 Fear and greed index reaches its highest level in a year and a half.
🇺🇸 Florida Gov. Ron DeSantis called CBDCsa financial surveillance tool and called for a ban.
📊 Glassnode: banking crisis pushed bitcoin out of bear market.
💸 Tether printed an additional 1,000,000,000 USDT.
🇷🇺 Central bank of Russia has decided to disable SWIFT within the country.
🇺🇦 Binance will launch a crypto school in Ukraine. First classes will begin in the spring.
📓 Users lost more than $1 billion in Ethereum due to errors. According to a study, 636,000 ETH were lost forever due to bugs and human errors.
⚠️ Clippers learned to recognize seed phrases from screenshots.
⚡️ Users transferred $8 million worth of assets to the zkSync network in the hope of an airdrop.
🚫 DeFi Llama will not launch its own token.
✉️ Euler Finance cracker contacted developers.
🏘️ Immutable partners with Polygon to develop Web3 games.
⚖️ FTX sues Bahamas division liquidators.
@CryptoWorldNews
Daily summary, March 20
🖨️ Tether printed an additional 1,000,000,000 USDT.
📉 Credit Suisse shares have fallen by more than 50%.
🌊 Fed and other central banks made a coordinated decision to provide the market with constant dollar liquidity.
📈 Subsidiary of NYCB bought out part of Signature Bank but crypto deposits are out of the deal.
📅 Binance and other leading exchanges announced the listing of the ARB token on March 23rd.
🇺🇸 Colorado will accept BTC and other cryptocurrencies to pay taxes by the end of summer.
🇹🇼 Taiwan to adopt laws to regulate digital assets.
🗿 Since 2014, the US authorities have confiscated and sold at auctions more than 185,000 BTC for $151.5 million, while the current value of the sold bitcoins is $5.2 billion.
📉 The outflow from crypto funds continued for the sixth week in a row.
💬 According to Bloomberg Binance provided a superficial response to US Senators.
🏗️ EOS Network Foundation will allocate $ 20 million to support projects in the network.
🚨 The DeFi Llama team forked the project due to hostile takeover.
@CryptoWorldNews
⚡️92% of all Bitcoins that will ever exist have been mined. Only 8% remain💰
@CryptoWorldNews
BREAKING: The Consumer Price Index (CPI) was reported as 6.0%.
CPI:
6% YoY, 0.4% MoM
Forecasted: 6% YoY, 0.4% MoM
Core:
5.5% YoY, 0.5% MoM
Forecasted: 5.5% YoY, 0.4% MoM |
@CryptoWorldNews
❗️#USDC IS IN THE DEPEGING PROCESS!
The reason is that the Circle company (issuer of USDC) reported that $3.3 billion of the ~$40 billion of USDC reserves remain at SVB bank which has collapsed recently.
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🇺🇸 Biden to propose new tax rules for 🥇 Bitcoin , removing the ability to tax-loss harvest. - WSJ
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❗️Silvergate bank to be liquidated
Silvergate is the second-largest bank in the US that deals with cryptocurrency companies, ranking only after Signature. It acts as a crucial link between the crypto world and traditional fiat currencies.
🔍Recently, Silvergate has decided that the best course of action, given the regulatory changes in the industry, is to gradually wind down its operations and voluntarily liquidate. The closure plan guarantees full repayment of all deposits.
In early March, Silvergate had already announced that it would discontinue the Silvergate Exchange Network (SEN).
💭 Several crypto exchanges have already confirmed that they have not been affected by their association with Silvergate and that their clients' funds are safe.
@CryptoWorldNews
⚡️ Amazon may launch its NFT marketplace on April 24.
Amazon is gearing up to launch its NFT platform with around 15 collections available at launch, according to inside sources.
The platform, which was initially revealed in January by Blockworks, will be accessed through a new "Amazon Digital Marketplace" tab on the site. The tab will initially only be available in the US, but will eventually be opened up to the rest of the world.
The launch date was delayed twice recently due to the FTX crash, but is now scheduled for April 24th, barring any unforeseen events.
@CryptoWorldNews
⚡️How much would 1 BTC be worth if bitcoin reached today's gold capitalization?
Then the price of 1 BTC would be $629,057. Right now, bitcoin has managed to bite off 3.74% of the gold market💰
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💰 BITCOIN MINER MARATHON DIGITAL SOLD ALMOST ALL BITCOIN MINED IN FEBRUARY
📉 Marathon Digital (MARA), one of the largest publicly traded bitcoin miners, sold 650 bitcoins out of 683 that it mined in February.
✅ The company said it sold bitcoin to help pay for operating expenses and for general corporate purposes, according to a statement. Marathon sold 1,500 bitcoins in January, which marked the first time it had unloaded any of its holdings.
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⚡️ Trust Wallet has partnered with Ledger.
Today, Trust Wallet officially launched Ledger hardware support for the Trust Wallet browser extension. With the update, you can use the Trust Wallet functionality to access Web3, while keeping your private keys completely offline.
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#FOMC Wednesday update
🔠24% chance for no rate hike
🔠76% chance for a 25 BP rate hike
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🥇 New Goldman Sachs research data shows bitcoin is the best market performing asset in the world this year!
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JUST IN - SVB Financial Group, parent of Silicon Valley Bank seized by US regulators, files for Chapter 11 bankruptcy with about $2.2 billion of liquidity.
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❌ Regulators are shutting down New York-based Signature Bank
And there's an interesting detail about Coinbase! The exchange had $240 million deposited with the bank.
However, it's been announced that all funds will be returned, according to the Federal Deposit Insurance Corporation.
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JUST IN: 🇺🇸 President Biden calls for a 30% tax on all electricity used to mine Bitcoin and cryptocurrency.
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ℹ️ UPD: Mt. Gox repayment registration deadline has been pushed back once again to April 6th
Payouts, which were originally scheduled for September, have now been delayed until October 31st.
@CryptoWorldNews
Approximately 40k $BTC from wallets associated with US Government law enforcement seizures are on the move.
Of these, the majority appear to be internal transfers (so far), however approximately 9,861 $BTC seized from the Silk Road hacker have been sent to our Coinbase cluster.
@CryptoWorldNews
🥇 Mt. Gox creditors may receive repayments from March 10 onward.
137,890 $BTC($3B) unlock is coming soon!
Mt. Gox suspended withdrawals on Feb 7, 2014, when the price of $BTC was ~$800.
And the current price of $BTC is $22,408.
@CryptoWorldNews
📈 Bitcoin is growing faster than every bank and financial company in history.
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JUST IN: New court filing shows FTX owes customers $1.6 billion of #Bitcoin but only has $1 millionOnly 0.06% of what they should have 🤯
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⚡️ Polygon has released a web3 identification service called Polygon ID that will allow blockchain-based applications to authenticate user credentials without compromising personal information.
Source
@CryptoWorldNews
⚡️ Wyoming passes bill protecting Bitcoin users.
The new "HB0086 Disclosure of private cryptographic keys" legislation states, “No person shall be compelled to produce a private key or make a private key known to any other person".
@CryptoWorldNews
The closest unfilled gaps on the CME exchange:
1) 53600 📈
2) 36000 📈
3) 29300 📈
4) 19550 📉
5) 11100 📉
6) 9600 📉
Current price is 23793
This means that the price of Bitcoin sooner or later with a probability of 90% will reach the above prices👀
@CryptoWorldNews
⚡️Good news for miners!
Miners have begun retaining more $BTC than they sell on rolling monthly timeframes, reversing a trend of net sales in place from mid-January.
@CryptoWorldNews