Money & Crypto News

09 августа 2024 07:29

32,000 BTC options and 206,000 ETH options are about to expire, with a total notional value of $2.46 billion

On August 9, according to the option delivery data released by Adam@ Greeks .live, 32,000 BTC options are about to expire, with a Put Call Ratio of 0.71, a maximum pain point of $60,000, and a notional value of $1.9 billion. 206,000 ETH options are about to expire, with a Put Call Ratio of 0.96, a maximum pain point of $2,950, and a notional value of $560 million.

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09 августа 2024 06:30

Hong Kong Customs busted a money laundering group involving a shell company using virtual currency to launder HK$1.5 billion

According to financial reports, Hong Kong Customs busted a money laundering group and arrested four people. They were suspected of using multiple shell companies to collect a large amount of overseas cross-border remittances and launder HK$1.5 billion in virtual currency transactions. All of them are on bail pending investigation, and about 2.2 million assets in their multiple bank accounts have been frozen. Pan Yiqin, investigation director of the Customs Organized Crime Investigation Bureau, said that the four arrested people involved a family of three and a local man, among whom an Asian father and son in the family were the masterminds of the group. The investigation pointed out that they received large amounts of funds of unknown origin from overseas between 2020 and 2022, some of which involved overseas criminal activities. The two set up multiple shell companies in Hong Kong and transferred the large amounts of money obtained in two years to more than 30 accounts in 7 banks, with the largest single transfer amount reaching 23 million yuan.

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09 августа 2024 05:42

The Sushi team-associated address deposited 3.75 million SUSHI into Binance 1 hour ago

A wallet associated with the SushiSwap team deposited 3.75 million SUSHI (approximately $2.18 million) into Binance one hour ago. These tokens were received from a wallet labeled "SushiSwap Operation Multisig" on May 16.

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09 августа 2024 05:20

Alameda Research transferred the first 200,000 WLD to Binance 9 hours ago and still holds 24.8 million WLD

Alameda Research has started depositing its WLD tokens into centralized exchanges (CEX), transferring an initial batch of 205,387 WLD (approximately $352,000) to Binance. This transfer follows a New York judge's recent order requiring FTX and Alameda Research to pay $12.7 billion to creditors. Alameda Research still holds around 24.8 million WLD, valued at about $45.6 million.

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09 августа 2024 05:08

Tether CEO: Plans to double staff size in the next year to enhance compliance capabilities

Paolo Ardoino, CEO of stable USDT issuer Tether, said in an interview with Bloomberg that he plans to double the size of his staff in the next year to enhance his strength in areas such as compliance, and expects the number of employees to reach about 200 by mid-2025.

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09 августа 2024 04:56

Dudley, former chairman of the New York Fed: The Fed needs to act in a timely manner and may cut interest rates by 50 basis points at the September meeting

According to Cailian Press, former Federal Reserve Bank of New York Chairman William Dudley has shifted from supporting further interest rate hikes to advocating for an immediate rate cut to prevent a recession. This change comes amid signs of a weakening U.S. labor market and slowing inflation. Dudley argues that delaying action could cause more harm. With the current federal funds rate at 5.3%, which is above the neutral range of 2.4% to 3.8%, he suggests the Fed might need to reduce rates to 3% or lower if a recession occurs. He anticipates a potential rate cut of 25 to 50 basis points at the Fed's September meeting.

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09 августа 2024 04:37

Hong Kong Bitcoin Spot ETF holds 4,379 BTC as of August 7

the Hong Kong Bitcoin Spot ETF held a total of 4,379 BTC, equivalent to approximately US$278 million.

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09 августа 2024 04:09

BTCW had a net inflow of $10.5 million, setting a record for the ETF’s single-day inflow

according to Farside Investors data, WisdomTree's BTCW had a net inflow of $10.5 million, the highest single-day net inflow in the history of the Bitcoin spot ETF.

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09 августа 2024 03:38

ARK Invest increased its holdings of Robinhood by approximately $2.5 million and Coinbase by $700,000

ARK Invest increased its holdings of Coinbase by 3,928 shares, which was worth about $700,000 based on the closing price of $178.91 that day. It also increased its holdings of Robinhood by 145,420 shares, worth about $2.49 million.

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09 августа 2024 03:05

Ripple CEO: SEC resistance to XRP community has disappeared

after a U.S. federal judge ruled that Ripple’s sales of XRP to retail customers did not violate federal securities laws, Ripple CEO Brad Garlinghouse posted on X, “The SEC demanded a $2 billion payment, and the court recognized that they had gone too far and reduced their request by about 94%. We respect the court’s ruling and will continue to grow our company. This is a victory for XRP, the industry, and the rule of law. The SEC’s resistance to the entire XRP community has disappeared.”

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09 августа 2024 02:54

Grayscale ETHE had a net outflow of $31.9 million

Grayscale ETHE had a net outflow of $31.9 million, EZET had a net inflow of $1.8 million, and ETHW had a net inflow of $1.7 million.

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09 августа 2024 02:32

XRP rose above $0.6, up 19.7% in 24 hours

according to HTX market information, XRP rose above $0.6, and is now quoted at $0.601, with a maximum of $0.6434, a 24-hour increase of 19.7%.

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09 августа 2024 01:50

Trump expected to propose new debate with Harris in coming days

former US President Trump is expected to propose another debate with US Vice President Harris in the coming days. As the competition has suddenly become evenly matched, Trump's campaign team is seeking new momentum. After Biden withdrew from the election and Harris became the presumptive nominee of the Democratic Party, Trump abandoned his agreement to debate on ABC next month. Harris refused to accept his counteroffer to debate on Fox News Channel. Now, according to people close to Trump, Trump may return to ABC or propose a debate on NBC News Channel and Univision (an American Spanish-language TV station).

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09 августа 2024 00:55

Upbit plans to suspend SEI deposits and withdrawals on August 9 due to network upgrades

due to the upcoming SEI network upgrade plan, Upbit plans to suspend deposit and withdrawal support from 00:00 (KST) on August 9, 2024 (Friday), and will resume deposit and withdrawal support after confirming that the network upgrade is stable.

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08 августа 2024 23:49

Bitcoin briefly hits $59,000

Bitcoin briefly touched $59,000, and is now quoted at $58,886, a 24-hour increase of 4.9%.

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09 августа 2024 06:45

Conduit has transferred the ownership of some L1 contract upgrade keys to the Optimism Security Committee

On August 9, crypto infrastructure startup Conduit tweeted that it has transferred the ownership of three OP Stack Chain L1 contract upgrade keys deployed on Conduit to the Optimism Security Committee. The three OP Stack Rollups participating in the key handover this week are Mode, Zora, and Metal L2.

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09 августа 2024 05:46

BlackRock IBIT had a net inflow of $157.6 million yesterday, and ETHA had a net inflow of $11.7 million

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09 августа 2024 05:30

An institutional address sold 25 million CRV in the past three days, with a loss of 4.58 million US dollars

An institutional address has sold 25 million CRV tokens at an average price of $0.22 over the past three days, incurring a loss of $4.58 million. The institution had previously purchased these tokens for $10 million at an over-the-counter price of $0.40 from the Curve founder.

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09 августа 2024 05:14

Sonic testnet now supports OKX Web3 wallet

The Sonic testnet now supports the OKX Web3 wallet, allowing users to collect test coins and participate in testnet activities. Sonic, a Layer2 game chain built on Solana, features the HyperGrid expansion architecture to help developers manage game status and events efficiently. It is fully compatible with EVM smart contracts and includes a native game engine with comprehensive On-Chain development tools for game developers.

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09 августа 2024 04:59

Robinhood Q2 financial report: Cryptocurrency revenue in the second quarter was $81 million, and trading volume reached $21.5 billion

According to TheBlock, Robinhood's second-quarter financial report revealed a 161% increase in cryptocurrency trading revenue, reaching $81 million, and a 137% rise in trading volume to $21.5 billion, though this was a notable decline from the first quarter. The company's net revenue for the quarter was $682 million, and it had 11.8 million monthly active users.

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09 августа 2024 04:42

Fidelity FETH had a net inflow of $4.7 million

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09 августа 2024 04:24

Japanese listed company Metaplanet obtains 1 billion yen loan to increase BTC holdings

according to BitcoinMagazine, Japanese listed company Metaplanet Inc. announced that it had obtained a loan of 1 billion yen (0.1% annual interest rate), and the proceeds will be used to purchase BTC.

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09 августа 2024 03:51

JPMorgan Chase raises probability of U.S. recession by year-end to 35%

JPMorgan Chase has increased its estimate of the likelihood of a U.S. recession by the end of 2024 to 35%, up from 25% last month. This adjustment reflects worsening labor demand and early signs of layoffs. The firm still predicts a 45% chance of recession in the second half of 2025. JPMorgan also expects the Federal Reserve and other central banks to maintain high interest rates longer than previously anticipated. Despite this, with declining inflation pressures, JPMorgan forecasts a 50 basis point cut in interest rates by the Fed in September and November.

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09 августа 2024 03:24

Grayscale and Bitwise jointly apply to the New York Stock Exchange to launch Ethereum spot ETF options trading

Grayscale, Bitwise, and the New York Stock Exchange have proposed a rule change to the SEC to list and trade options for the Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust. The proposal aims to offer investors a cost-effective way to gain exposure to spot Ethereum and provide a hedging tool for Ethereum-related investments. Public comments on the proposal will be accepted for 21 days. Additionally, BlackRock and Nasdaq have also applied to start trading Ethereum spot ETF options.

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09 августа 2024 03:02

Harris campaign raises $36 million in 24 hours after announcing Waltz as running mate

the Harris campaign said that it raised $36 million in the first 24 hours since announcing Minnesota Governor Tim Walz as Harris' running mate.

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09 августа 2024 02:50

Grayscale GBTC had a net outflow of US$30.6 million, and BITB had a net inflow of US$3 million

Grayscale GBTC had a net outflow of US$30.6 million, BITB had a net inflow of US$3 million, and Grayscale BTC had a net inflow of US$9.7 million.

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09 августа 2024 02:19

Judge rules Ripple's XRP sales to retail investors did not violate federal securities laws

Judge Analisa Torres ruled that Ripple did not violate securities laws through sales of XRP to retail investors but did breach laws with 1,278 institutional sales. Ripple was fined $125.035 million, less than the SEC's sought penalties. The court also issued an injunction requiring Ripple to file a registration statement for future securities sales.

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09 августа 2024 01:33

Moonveil Completes $9 Million Pre-A Round of Financing, Led by Spartan Group

a Layer2 gaming ecosystem, completed its Pre-Series A round of financing, with a total financing amount of US$9 million. This round of financing was led by Spartan Group, with participation from Gumi Cryptos Capital, HashKey Capital, Animoca Ventures, Hivemind and Mask Network.

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09 августа 2024 00:26

Zeus Network launches APOLLO testnet activity, may launch its token in the future

A public beta activity has been launched on Galxe, which is the last testnet stage before the mainnet is released in the third quarter of 2024. The public test event "Prophecy of Light" on Galxe marks that zBTC, which is pegged to Bitcoin 1:1, will soon be available on Solana. According to official documents, joining the APOLLO final test event and accumulating Galxe loyalty points will receive future rewards.

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08 августа 2024 23:28

SOL breaks through $160, up 8.34% in 24 hours

SOL broke through $160 and is now quoted at $160.1, a 24-hour increase of 8.34%.

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