Goldman Sachs and Morgan Stanley (MS.N), opens new tab purchased a total of more than $600 million in spot bitcoin exchange-traded funds (ETFs) during the second quarter, regulatory filings showed on Wednesday.
https://www.reuters.com/business/finance/goldman-sachs-morgan-stanley-took-stakes-us-spot-bitcoin-etfs-q2-filings-show-2024-08-14/
New Vanguard CEO says asset manager 'will not be launching crypto ETFs'
https://www.theblock.co/post/311258/new-vanguard-ceo-says-asset-manager-will-not-be-launching-crypto-etfs
The crypto market is down
BTC Dominance - 55.07%
Market Cap - $2.10T
BTC - $58,433.99 (-4.07%)
ETH - $2,652.16 (-2.15%)
BNB - $522.6 (-0.65%)
SOL - $144.73 (-0.27%)
XRP - $0.5719 (-1.45%)
ZRO - $3.32 (-5.37%)
TON - $6.73 (+2.23%)
https://dropstab.com
Bitcoin is now live on Symbiotic
https://x.com/symbioticfi/status/1823722022633193896
CPOOL spot trading is now live on Kraken
USD & EUR trading pairs are now tradeable on both Kraken and Kraken Pro.
https://x.com/clearpoolfin/status/1823387992654000261
List of Top 11 Bitcoin Holders in the World
https://x.com/EricBalchunas/status/1823080660765900805
AUCTION is now listed on Kraken Exchange.
Trading pairs: AUCTION/USD, AUCTION/EUR
https://x.com/bounce_finance/status/1823409200506053115
https://blog.kraken.com/product/asset-listings/8-new-tokens-available-for-trading
The crypto market is growing
BTC Dominance - 55.84%
Market Cap - $2.16T
BTC - $61,086.79 (+3.79%)
ETH - $2,717.63 (+2.78%)
BNB - $526.3 (+2.25%)
SOL - $145.77 (+1.71%)
XRP - $0.5784 (+2.63%)
TON - $6.56 (+5.84%)
ZRO - $3.51 (+4.29%)
https://dropstab.com
Polymarket users bet $5 million on what Trump would say during his X space with Elon Musk
https://www.theblock.co/post/310919/polymarket-bet-trump-x-elon-musk
Binance has announced the 56th project on Binance Launchpool - Toncoin (TON).
Users will be able to stake their BNB and FDUSD into separate pools to farm TON tokens over twenty days, with farming starting from 2024-08-15 00:00 UTC.
https://www.binance.com/en/support/announcement/introducing-toncoin-ton-on-binance-launchpool-and-super-earn-farm-ton-by-staking-bnb-fdusd-and-ton-94400db7b1934344aadf944166015715
Spot ETF Flow on 12.08: BTC-ETF +$27.87M, ETH-ETF +$4.93M
https://sosovalue.com/assets/etf/us-btc-spot
Bitcoin Miner Marathon Digital now marks all mined bitcoins "Made in USA"
https://x.com/MarathonDH/status/1823038263961031075
Coinbase will list Gravity (G)
Trading will begin on 13 August 2024 at or around 16:00 UTC if liquidity conditions are met.
https://x.com/CoinbaseAssets/status/1823024412783730701
Delphi Digital cofounder: “I've never been very political, but 7 years of building Delphi with my partners and getting married changes one's view about the world you want to live in.
Trump has positioned himself as pro crypto, AI, and business, promising an unrestricted golden age for America. He is the only shot to maintain dominance and grow out of out $35T debt mountain.
In contrast, Kamala Harris has been associated with the most aggressive anti-crypto platform ever:
- No action taken to address Gensler/SEC's complete lack of crypto clarity and vendetta against crypto. They should also be publicly supporting Hester Peirce as a thought leader for regulation that actually supports builders.
- This is the same SEC that allowed FTX to happen, but sues the companies helping to drive Crypto's dominance in the U.S. like Brian Armstrong and Paul Grewal of Coinbase.
- No steps against Operation Chokepoint 2.0 which debanks Crypto companies from the traditional banking sector. This is still on-going
- Has not meaningfully engaged with the Crypto community and has absolutely zero publicly shared views
- Allowed Biden to veto a bill meant to overturn SAB121 (Banks have to report Crypto as liabilities which means they need tons of reserves and other restrictions), which was against both Democrats and Republicans! I say allow since it’s clear Biden's cognitive decline means he was being handled by others.
- She has taken no steps to meaningfully engage with the community and develop an actual pro Crypto agenda.
- Biden's executive order on Digital Assets produced confusion and did not help foster Crypto or our early stage founders in any meaningful way
- Kamala already has anti-crypto folks in her agenda, including Adeyemo for Treasury Secretary
- Unrelated to Crypto but she covered up Biden's mental decline and was not even elected by the people but chosen to take up the Prez Ticket.
In Comparison, some of Trump's highlights on the matter are:
- He will fire Gensler
- Create a strategic reserve of BTC
- U.S. gov will keep 100% of the BTC it holds
- Commute Ross Ulbricht's sentence
- No CBDC which is a surveillance state to the maximum
- The U.S. will be the Crypto Capital of the planet
- Has NFT collections
Either way Crypto should not be a partisan issue but it has been made this way over the past four years. Crypto should be supported by both parties.
Theres a reason major Democrats have pivoted to the Republican ticket.
Go Vote Trump.”
https://x.com/Shaughnessy119/status/1823014246059520165
Multiple arrests have been made tied to the Holograph hack on June 13.
https://x.com/holographxyz/status/1823819392750419984
The U.S. government Wednesday moved 10,000 Silk Road-related seized bitcoin (BTC) to Coinbase Prime
Deposits to an exchange usually signal intention to sell the assets, but in this case the transfer may have happened for custody reasons.
The U.S. Marshals Service, a division of the Department of Justice (DOJ) announced a partnership last month with Coinbase Prime to "safeguard and trade" large-cap digital assets. There's little insight into what exactly happens with the tokens after landing on a centralized platform.
The DOJ announced in 2022 that it seized over 50,000 BTC and arrested James Zhong, who pleaded guilty to wire fraud after the government alleged he manipulated the transaction system of dark web market Silk Road in 2012.
https://www.coindesk.com/markets/2024/08/14/nearly-600m-of-silk-road-bitcoin-hits-coinbase-prime-but-not-necessarily-to-sell/
Injective has now officially integrated TON.
Now, for the first time Injective assets such as INJ can be bridged & utilized across TON while TON is also leveraged across Injective dApps.
https://x.com/injective/status/1823722164614521338
MetaMask, Mastercard, and Baanx (Crypto Life) have launched the pilot of MetaMask Card - the world's first Mastercard payment card that enables direct spending from your MetaMask wallet.
This pilot is available to a limited group of users in the EU and UK only.
https://x.com/MetaMask/status/1823700296281022804
Spot ETF Flow on 13.08: BTC-ETF +$38.94M, ETH-ETF +$24.34M
https://sosovalue.com/assets/etf/us-btc-spot
Sonic Labs has announced that Andre Cronje, director at Sonic Labs, has officially become its new chief technology officer (CTO).
https://blog.soniclabs.com/andre-cronje-chief-technology-officer-of-sonic-labs/
Grayscale Investments launches Grayscale MakerDAO Trust
https://www.globenewswire.com/news-release/2024/08/13/2929241/0/en/Grayscale-Investments-Launches-Grayscale-MakerDAO-Trust.html
Tether minted $1 billion USDT
https://whale-alert.io/transaction/ethereum/0x7e741a387f0a7122291681f5e15f4b9703438e709894a9bdc516f5ca78b5f2a7
MANTRA's yield-bearing USDY pool is now live.
Users can gain exposure to the top two RWAs protocol - OM and ONDO.
https://x.com/MANTRA_Chain/status/1823294273460064654
💊 Pump.fun is now integrated with 👀EtherDrops Bot•
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Liquidators for the failed cryptocurrency hedge fund, Three Arrows Capital, are seeking at least $1.3 billion from TerraForm Labs.
https://www.bloomberg.com/news/articles/2024-08-12/three-arrows-liquidators-seek-1-3-billion-over-2022-luna-crash
Arthur Hayes has introduced a new article "Water, Water, Every Where"
Key points:
▫️As the RRP fell from its high, Bitcoin pumped off the lows. As you can see, it’s a very tight relationship. As money leaves the Fed’s balance sheet, it adds liquidity, which causes finite financial assets such as Bitcoin to go to the moon.
▫️ In any case, I expect that crypto will exit its sideways-to-downward trajectory starting in September. As such, I will take advantage of this late northern hemispheric summer weakness to load up on crypto risk.
▫️The next stop for Bitcoin is $100,000, and $1 million Bitcoin.
▫️ AFTER the US debt ceiling is raised. I expect that to happen sometime in January or February.
▫️Alt szn will return only after Bitcoin and Ether decidedly break through $70,000 and $4,000, respectively.
▫️The US election occurs in early November. Yellen will be at peak manipulation in October. There will be no better time for liquidity this year. Therefore, I shall sell into strength. I will not liquidate my entire crypto portfolio but take profits in my more speculative momentum trades and park the capital into staked Ethena USD (sUSDe).
https://cryptohayes.substack.com/p/water-water-every-where
SEC charges NovaTech with operating a pyramid scheme that raised $650 million in crypto
https://www.theblock.co/post/310780/sec-charges-novatech-with-allegedly-operating-a-pyramid-scheme-that-raised-650-million-in-crypto
Several venture capital funds, including Andreessen Horowitz and Union Square Ventures, have received letters from the SEC over their involvement with decentralized crypto exchange operator Uniswap Labs, per multiple sources.
Uniswap Labs has raised over $170 million in VC funding, most recently in late 2022 at nearly a $1.7 billion valuation.
https://www.axios.com/2024/08/12/sec-questions-vcs-uniswap