Money & Crypto News

14 августа 2024 04:51

Coinbase executives: Canada needs to thoroughly reform cryptocurrency regulations

Lucas Matheson, director of Coinbase Canada, attended the blockchain futurists meeting on August 13 to discuss the current status of digital asset regulation in Canada and promote the newly expanded Stand With Crypto program. Matheson believes that although Canada's regulatory framework is already sound, the country still needs to modernize crypto regulation. Matheson pointed out that 85% of countries will adopt a comprehensive digital asset regulatory framework next year, and stressed the importance of public dialogue in educating government officials about the importance of cryptocurrencies. The Canadian Director Of Coinbase Summarized The Long-term Goal Advocated By Stand With Crypto: "Frankly, Canada Still Have A lot Of Work To Do To Change The Law. The Goal Is To Change The Law Of Canada So That We Can Increase Economic Freedom And Update Canada's Finance. System." Matheson instructed the audience to sign up for the advocacy group at the end of the speech.

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14 августа 2024 03:52

U.S. FBI's relevant records of Satoshi Nakamoto "neither confirm nor deny"

Investigation reporter Dave Troy said that the Federal Bureau of Investigation (FBI) issued a "Glomar response" to its information request for Satoshi Nakamoto, the founder of Bitcoin under the Freedom of Information Act (FOIA), that is, whether it "neither confirms nor denies" exists. In the relevant records. Troy said that the FBI's response implied that Satoshi Nakamoto was a "third party individual". He plans to appeal this in an attempt to obtain the information that the FBI may have about Satoshi Nakamoto. Since the release of the Bitcoin white paper in 2008, Satoshi Nakamoto's true identity has been a mystery. Although some people speculate that Hal Finney, an early Bitcoin contributor, may be Satoshi Nakamoto, there is no conclusive evidence so far. Similar FOIA requests received the same response in 2018, showing that the FBI and the CIA were cautious about the records of the founders of Bitcoin.

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14 августа 2024 03:23

Goldman Sachs currently holds a Bitcoin ETF worth $418 million

Bitcoin News said on the X platform that the latest 13F document of Goldman Sachs shows that the company holds the following Bitcoin exchange-traded funds (ETFs): iShares Bitcoin Trust: $238.6 million Fidelity Bitcoin ETF: $79.5 million Grayscale Bitcoin Trust: $35.1 million Invesco Galaxy Bitcoin ETF: $56.1 million Bitwise Bitcoin ETF: $8.3 million WisdomTree Bitcoin ETF: $749,469 ARK 21Shares Bitcoin ETF: $299,900 In total, Goldman Sachs' investment in the Bitcoin ETF is about $418 million.

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14 августа 2024 02:23

Goldman Sachs and Semi-Mo model: The probability of market-priced U.S. recession has risen sharply

The models of Goldman Sachs Group and JPMorgan Chase show that the market has increased significantly from the signals of the U.S. bond market and the performance of stocks that are extremely sensitive to the ups and downs of the business cycle. According to Goldman Sachs data, the stock market and bond market currently believe that the possibility of a U.S. recession is 41%, up from 29% in April. A similar model of JPMorgan Chase calculated that the possibility of recession jumped from 20% at the end of March to 31% due to the sharp repricing of U.S. treasury bonds. Nikolaos Panigirtzoglou, a JPMorgan Chase strategist, said that the recession risk in the bank's model reflects the interest rate cut that the market has absorbed since the employment growth slowed down in the employment report last month.

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Money & Crypto News

14 августа 2024 01:37

Blead IBIT position rose to about 348,000 BTC, and ETHA rose to about 294,000 ETH

Bledock's official updated spot Bitcoin ETF data shows that as of August 12, the market value of IBIT reached $20,554,349,504.61, and the number of positions increased to 347,994.5955 bitcoins, and the current number of shares in circulation is 611,04. 0,000 copies; in addition, its spot Ethereum ETF ETHA hit $780,328,557.45 as of August 12, the number of positions increased to 293,938.9533 ETH, and the number of shares in circulation was 38,800,000.

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14 августа 2024 00:52

Bloomberg ETF analyst: Whether the SOL ETF can be passed next year depends on whether the government will replace

Bloomberg ETF analyst Eric Balchunas said in an interview with CoinDesk that whether the SOL ETF can be passed next year depends on whether the government will replace the person. Eric further said: "Gensler will not stay in office, and the government will no longer choose Gensler 2.0. If the Republican Party takes over, everything is possible, especially Trump has been building some kind of relationship with these people and reaching some breakthrough."

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13 августа 2024 23:53

Coinbase: G-USD trading pair has entered the auction mode

Coinbase Exchange announced on the X platform that the G-USD trading pair has entered Auction Mode. Customers can issue limit orders and view the final indicative opening price. The order book will be in auction mode at least 10 minutes, no matching will occur during this period.

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13 августа 2024 22:48

On August 13, the net outflow of the U.S. Ethereum ETF was about 12,200 ETH, and the net outflow of Bitcoin ETF was 329 BTC

According to Lookonchain monitoring, the data of Ethereum and Bitcoin ETF in the United States on August 13 showed that: 1. Nine U.S. Ethereum ETFs totaled a net outflow of 12,202 ETH, about $32.31 million, of which 16,482 ETH, about $43.64 million, and the current grayscale holdings are 1,910,332 ETH. The value is about 5.06 billion US dollars; 2. Ten U.S. Bitcoin ETFs have a total net outflow of 329 BTC, about $19.5 million, of which 1,297 bitcoins flow outflow of grayscale GBTC, or about 77.17 million US dollars. The current grayscale holdings are 232,542 bitcoins, about It is 13.83 billion US dollars.

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13 августа 2024 21:49

Hive Digital's sales increased by 36% in the second quarter, with revenue reaching $32 million

Thanks to the entry into the field of artificial intelligence computing, Hive Digital Technologies Ltd. HIVE) sales increased by 36% in the second quarter of 2024. In addition, the company's revenue in the second quarter was about $32 million, compared with about $23.5 million in the same period last year, and the sales of its new high-performance computing platform have expanded to about $2.6 million.

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13 августа 2024 20:51

FOX reporter: U.S. crypto PAC organization Fairshake announces support for Senate candidates

Golden Finance reported that according to Fox Business reporter Eleanor Terrett on the X platform, the subsidiary committee of Fairshake, a super political action committee that supports cryptocurrencies, announced the first round of support plan for Senate candidates. Among them, Defend American Jobs will reserve about $12 million in Ohio for Bernie Moreno's campaign against incumbent Senator Sherrod Brown. Protect Progress will reserve about $3 million each for the Senate elections of Ruben Gallego and Elissa Slotkin in Arizona and Michigan respectively. At present, Fairshake has not announced whether it will directly support any senatorial election.

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13 августа 2024 19:47

Cumberland received 141.5 million USDT from Tether Treasury and transferred them to CEX

According to Lookonchain monitoring, Cumberland received 141.5 million USDT from Tether Treasury and transferred them to Kraken, OKX, Coinbase. And Binan. In just eight days, Cumberland has injected 1.04 billion USDT into the cryptocurrency market.

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13 августа 2024 18:44

The increase of the Nasdaq Composite Index expanded to 2%

The NASDAQ Composite Index rose to 2%, Starbucks rose more than 20%, and Ultramicrocomputer and NVIDIA rose more than 5%. The S&P 500 index now rose 1.3%, and the Dow rose 0.8%.

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13 августа 2024 17:42

Harris may continue the Biden administration's cryptocurrency crackdown

On August 13, U.S. Vice President Harris aimed to maintain the Biden administration's strict stance on cryptocurrency regulation. Harris is reportedly working with two former economic advisers to the Biden administration, Brian Deese and Bharat Ramamurti, who strongly opposed the previous 2023 Payment Stablecoin Clarity Act, believing that the bill was too lenient on issuers.

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13 августа 2024 16:55

Elwood received 52 million USDC from Circle and deposited it into Binance and exchanged it into USDT

According to financial reports, according to The Data Nerd, 3 hours ago, Elwood received 52 million USDC from Circle, and then deposited all USDC into Binance and exchanged it into USDT.

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13 августа 2024 15:55

Tether Treasury transfers 140 million USDT to Bitfinex

According to financial reports, according to Whale Alert monitoring, Tether Treasury transferred a total of 140 million USDT to Bitfinex through two transactions (70 million USDT each), after Tether Treasury had minted an additional 1 billion USDT.

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14 августа 2024 04:24

The probability that the Federal Reserve will cut interest rates by 50 basis points in September is 46%

According to the CME "Fedral Reserve Observation", the probability of the Federal Reserve shating interest rates by 25 basis points in September is 46%, and the probability of sesting interest rates by 50 basis points by 50 basis points is 54%. The probability of the Federal Reserve reducing interest rates by 50 basis points by November is 29.6%, the probability of reducing interest rates by 75 basis points is 51.2%, and the probability of reducing interest rates by 100 basis points is 19.2%.

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14 августа 2024 03:39

Banana Gun announced that it has destroyed 2% of the total supply of BANANA tokens, worth about $8.6 million

According to official news, the Telegram Bot project Banana Gun announced that it had destroyed 2% of the total supply of BANANA tokens, worth about $8.6 million.

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14 августа 2024 02:51

43% of Meta ads based on UK prime minister are crypto scams

Cybercriminals have reportedly used deepfakes of UK Prime Minister Keir Starmer and Prince William in more than 250 Meta adverts designed to trick victims into handing over funds to crypto scams. That’s according to Fenimore Harper, an analytical body founded by a former member of the UK Treasury. It found that 43% of all Keir Starmer-based Meta ads since the UK election were tied to crypto scams. It also used data from Meta’s advertising page to determine that these adverts reached up to 891,834 people.

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14 августа 2024 01:51

Yesterday, the net outflow of GBTC was $28.6 million, and the net outflow of ETHE was $31 million

According to the monitoring of Farside Investors, as of press time, the data of U.S. spot Bitcoin ETF and spot Ethereum ETF (August 13) are as follows: Spot Bitcoin ETF: GBTC net outflow of $28.6 million; BITB net inflow of $16.5 million; ARKB net outflow of $6.1 million; EZBC, BTC no capital inflow or outflow. Spot Ethereum ETF: ETHE net outflow of $31 million; ETHW, CETH, EZET, ETH have no capital inflow or outflow.

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14 августа 2024 01:22

Analysis: Mt.Gox creditors' funds may be close to an end

According to Arkham Intelligence, a wallet that may belong to BitGo received about $2 billion worth of Mt. Gox Bitcoin, which has now transferred most of the funds to a separate wallet, which may indicate Mt. The repayment of Gox creditors is finally coming to an end. For most of July, Mt. Gox has been transferring billions of dollars worth of Bitcoin to designated cryptocurrency exchanges, including Bitbank, Kraken, Bitstamp and SBI VC Trade, which are responsible for distributing relevant BTC to Mt. Gox creditor.

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14 августа 2024 00:23

Intention-centered Ethereum two-tier network Essential completed $11 million in Series A financing

Intent-centered Ethereum two-tier network Essential completed the A round of financing of $11 million, Archetype led the investment, IOSG Ventures, Spartan Group, Mirana Ve ntures, Amber Group, Maven 11 and Big Brain Holdings, as well as angel investors from Celestia, Hashflow, LIFI, Sorella and other companies, intercept So far, the company's total financing has reached 16.15 million US dollars.

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13 августа 2024 23:25

Coinbase begins to provide cryptocurrency services in Hawaii

The cryptocurrency exchange Coinbase has begun to provide crypto services in Hawaii. Local residents can now buy, sell and manage their cryptocurrencies on Coinbase. In addition, they can also use the exchange to pledge assets and make international funds remittances.

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13 августа 2024 22:19

U.S. treasury bonds rose, and the PPI rose less than expected to support the Federal Reserve to actively cut interest rates

U.S. Treasury bonds rose because the weaker-than-expected U.S. Producer Price Index (PPI) report supported the Federal Reserve to cut borrowing costs more actively this year. The rise of government bonds on Tuesday pushed the yield curve down by at least four basis points, the yield of two-year treasury bonds fell by about five basis points to slightly less than 4%, and the yield of 10-year treasury bonds fell to around 3.9%. "You can breathe a sigh of relief," said Jack McIntyre, portfolio manager of Brandywine Global Investment Management, after the release of the weak PPI report. The PPI report kicked off the release of a series of economic data this week. Consumer prices and retail sales data will be released on Wednesday and Thursday respectively, which is expected to help investors assess the extent and speed of the Federal Reserve's potential interest rate cut.

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13 августа 2024 21:20

Nicolas Bonta, co-founder of Bitfarms, resigned from the board of directors

Nicolas Bonta, co-founder of Bitcoin mining company Bitfarms, announced his resignation from the board of directors, and CEO Ben Gagnon was appointed as a member of the company's board of directors and chief director Brian Howlett. As the new independent chairman. Toronto-based Bitfarms fired CEO Geoffrey Morphy in May because he filed a lawsuit against the company for $27 million in liquidated damages. Last week, Bitfarms reported a net loss of $27 million, or a basic loss and a diluted loss of 7 cents per share, which was better than the 11 cents per share expected by analysts. In addition, due to the decrease in block rewards after the Bitcoin halving in April, the company's revenue was about $42 million, down 16% from the first quarter.

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13 августа 2024 20:21

33,105 BTC transfer transactions occurred at the address of Mt.Gox creditor's wallet on BitGo suspected

According to Arkham monitoring, 33,105 BTC transfer transactions occurred at the suspected Mt.Gox creditor wallet address on BitGo 15 minutes ago, worth about $1.97 billion.

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13 августа 2024 19:22

BTC exceeded $61,000

The market shows that BTC has exceeded $61,000, and now it is now reported at $6,1005.78, with a 24-hour increase of 1.69%. The market fluctuates greatly. Please do a good job in risk control.

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13 августа 2024 18:25

BTC exceeded $60,000

The market shows that BTC exceeded $60,000 and is now reported at $6,024.57, with a 24-hour increase of 0.47%. The market fluctuates greatly. Please do a good job in risk control.

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13 августа 2024 17:26

Essential Completes $11 Million Series A Financing and Launches Essential Devnet

On August 13, intent-based encryption infrastructure company Essential completed $11 million Series A financing, led by Archetype, with participation from IOSG, Spartan, Mirana, Amber Group, Maven 11, Bodhi Ventures, Big Brain Holdings, Heartcore Capital, Selini, DCLM and PropellerHeads, as well as founders and angel investors from Celestia, Hashflow, Enso, Barter, LI.FI, Astaria, GlueX, Bebop, Sorella and other companies.

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13 августа 2024 16:32

Grayscale MakerDAO Trust has a management fee of 2.5%, and its AUM is about $248,000 as of August 12

According to official information, Grayscale's latest MKR trust fund, Grayscale MakerDAO Trust, has a management fee of 2.5%. It is reported that the CoinDesk MakerDAO reference rate provides a reference rate denominated in US dollars for the spot price of Grayscale MakerDAO Trust (MKR). In addition, as of August 12, Grayscale MakerDAO Trust has an asset management scale of $248,234.20 and a net asset value of $11.88 per share.

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13 августа 2024 15:31

MUFG Morgan Stanley Securities plans to issue digital securities this year

According to financial reports, MUFG MSS, a Japanese joint venture under MUFG Financial Group, plans to issue digital securities this year. MUFG MSS currently focuses on digital bonds. In the future, the company hopes to use Morgan Stanley's overseas network to sell Japanese digital bonds to foreign investors.

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