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- We are here to help the crypto community and provide the recent crypto news and market analysis by the experts. We have been in the market since 2013. ⚡️ Owner: @napoleon
POWELL: FED NOT IN A HURRY TO CUT QUICKLY, WILL BE GUIDED BY DATA : infinityhedge
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JUST IN: 🇺🇸 Ohio Senator Niraj Antani introduces bill to allow state and local taxes to be paid with Bitcoin and crypto. : Watcher Guru
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JUST IN: 🇺🇸 FED's Bostic says he is open to another 50bps interest rate cut in November. : Watcher Guru
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Robinhood has no imminent plans for a stablecoin despite recent speculation: Decrypt : Zoomer News
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The BIO Association, a Swiss nonprofit, has unveiled plans to launch BIO tokens ahead of its decentralized biotech network, BIO Protocol. It hosts eight scientific communities focused on longevity, women’s health, neurodegeneration, and synthetic biology. This platform will serve as a launchpad for on-chain science communities. — link : Wu Blockchain News
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Folius Jason: The Dilemma of VC Coins
In the next 6 to 12 months, there may be 50 to 200 projects with a valuation of more than $500m to be listed on the CEXs. The biggest dilemma of the market now is the oversupply of VC coins and insufficient buying in the secondary market. Read more — link : Wu Blockchain News
The UK scammer has stolen more than $650K from 250+ X users in the past year by posting fake PNL screenshots from a Bybit demo account and running a news account to funnel unsuspecting victims into paid services before blocking them upon receiving payment - 𝕏/@zachxbt : Leviathan News
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Arbitrum One surpasses 1B transactions - 𝕏/@arbitrum : Leviathan News
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SoftBank to Invest $500 Million in OpenAI : infinityhedge
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Binance announced that it will support the Orion (ORN) mainnet swap and rebranding to Lumia (LUMIA). However, the total token supply will increase from 92,631,255 ORN to 238,888,888 LUMIA, an increase of 158%, all ORN token holders can only exchange for LUMIA at 1 ORN = 1 LUMIA. — link : Wu Blockchain News
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FTX creditors will not receive payout today, contrary to rumors of a $16B payout - Protos : Leviathan News
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Ethereal exchange proposes to build on Ethena using USDe, commits 15% of token supply to circulating ENA holders — link : unfolded. DeFi
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According to TokenUnlocks, the single large-amount unlocking in the next 7 days includes ENA SUI IMX ZETA NEON ADA DYDX MAV MODE, etc., and the linear large-amount unlocking in the next 7 days includes SOL WLD TAO AVAX SEI NEAR DOT DOGE BEAM FIL, etc. The total unlocking value exceeds 735 million US dollars. — link : Wu Blockchain News
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Crypto Exchange Bithumb Weighs U.S. Nasdaq Listing: Coindesk : infinityhedge
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Spot and perps DEX named Ethereal proposed to be built on Ethena Network — link | tl;dr : unfolded. DeFi
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Powell indicates further rate cuts, but insists the Fed is ‘not on any preset course’ : infinityhedge
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BREAKING: 🇺🇸 Ohio State Senator Niraj Antani introduces a bill allowing all state and local taxes to be paid in Bitcoin 🙌 : Bitcoin
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Currently, Ethereum’s primary use case is DEXs, with Uniswap consistently leading, accounting for over 90% of transaction fees — link : unfolded. DeFi
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GOLDMAN HIKES GOLD FORECAST FROM $2,700 TO $2,900 BY EARLY 2025 : infinityhedge
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🚨 COINBASE RECIEVE RESTRICTED MEASURE WITH NO WARNING ⚠️
NOT YOUR KEYS NOT YOUR COINS! : Bitcoin
ISRAEL HAS TOLD WASHINGTON IT IS PLANNING A LIMITED GROUND OPERATION IN LEBANON THAT COULD START IMMINENTLY : infinityhedge
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The UK scammer has stolen more than $650K from 250+ X users in the past year by posting fake PNL screenshots from a Bybit demo account and running a news account to funnel unsuspecting victims into paid services before blocking them upon receiving payment: zachxbt : infinityhedge
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*COINBASE DOWN 5%
*MICROSTRATEGY DOWN 4% : infinityhedge
BREAKING: 🇹🇼 Taiwan's Financial Supervisory Commission has announced that professional investors can now access #Bitcoin ETFs under specific regulations and oversight 👀 : Bitcoin
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The Week Ahead | @infinityhedge
Solar Eclipse on Oct. 2
Macro:
*Powell Speaks on 30
*China’s Golden Week holidays Starts from Oct. 1
*VP debate: Walz & Vance CBS debate on Oct. 1
*U.S. Initial Jobless Claims on Oct. 3
*U.S. Nonfarm Payrolls and Unemployment Rate on Oct. 4
Crypto:
*Transfer restrictions on the EIGEN token are expected to be removed on 30
*Axelar Network Announcement on 3
*SEC deadline to appeal XRP ruling on 6 [SEC Expected to Appeal Judge’s Ruling Concerning the XRP programmatic sales in the Ripple lawsuit]
*Event: Ethereum Kuala Lumpur 2024: Conference: 5-6 Oct., Hackathon: 4-6 Oct.
Token Unlocks: $900M [%'s are of Cir. supply]
⊷ ZETA: 13.4%: $40M on 1
⊷ MAV: 9.5%: $8.7M on 1
⊷ ENA: 22.53%: $158M on 2
⊷ SUI: 2.4%: $120M on 2
⊷ IMX: 2%: $54M on 4
⊷ NEON: 93.4%: $19M on 7
⊷ MODE: 38.4%: $6.5M on 7
October Month:
*Uniswap v4 Launch
*Starknet Staking
*Avalanche Upgrade Known as 'Avalanche9000'
**LAZIO Token Unlock ~20%: $4M
*TIA Token Unlock worth around $1B
*FTX voting results filing, confirmation of the Plan hearing, Omnibus Hearing
What Bloomberg Economics Says:
“We expect a robust headline print for September nonfarm payrolls, which could even revive talk of “no landing” for the US economy. But we think the headline figure will overstate labor-market strength, partly because of overstatements related to the BLS’s ‘birth-death’ model, and partly due to temporary seasonal effects.”
Earnings/Charts/Articles ⬎ : infinityhedge
QCP: The S&P 500 is up 5.1% for the quarter, marking its best year-to-date performance since 1997. Bitcoin has surged over 7% this month, on track for one of its strongest September performance on record. Global risk-on sentiment remains strong as we enter Uptober. We maintain a positive medium-term outlook. A breakout above 70k could trigger further upside momentum. — link : Wu Blockchain News
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According to Spot On Chain, the Ethereum Foundation address sold 100 ETH today through CoWSwap in exchange for 262,474 DAI. As of 2024, the EF has sold 3,766 ETH in exchange for approximately 10.46 million DAI, with an average selling price of $2,777 per ETH. In September alone, the Foundation has sold 1,250 ETH, worth approximately $3.06 million. — link : Wu Blockchain News
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Bithumb debates US Nasdaq listing: Coindesk : Zoomer News
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Crypto Exchange Bithumb Weighs U.S. Nasdaq Listing: Report: COINDESK : Tree News
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Bithumb, South Korea's second largest cryptocurrency exchange, announced at an extraordinary shareholders' meeting that it is considering listing on the Nasdaq in the United States, with the goal of listing in the second half of next year, with Samsung Securities as the main underwriter. Bithumb's market share is about 10% to 20%. — link : Wu Blockchain News
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