Money & Crypto News

16 августа 2024 03:18

Fidelity Digital Asset Management Head: I don’t think there will be demand for altcoin ETFs, the launch of Ethereum collateralized ETFs is just a matter of time

In an interview with The Block, Cynthia Lo Bessette, head of Fidelity Digital Asset Management, indicated that Fidelity is evaluating its product roadmap based on customer needs and market support. Currently, there are no clear plans for spot ETFs beyond Bitcoin and Ethereum. However, Lo Bessette noted that while the U.S. SEC has not yet approved an ETF for staked ETH, it is expected to happen in the future, given the importance of staking in the Ethereum ecosystem. Fidelity has had "constructive conversations" with SEC staff about the possibility of launching a staked ETH ETF.

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16 августа 2024 03:02

Goldman Sachs and Morgan Stanley bought more than $600 million in Bitcoin spot ETFs in Q2

🔤Goldman Sachs spent approximately $418 million on Bitcoin spot ETF assets by June 30, with about $238 million invested in nearly 7 million shares of BlackRock IBIT. The next largest Bitcoin ETFs are Fidelity FBTC and Invesco BTCO.

🔤Morgan Stanley held 5.5 million shares of BlackRock IBIT, valued at $188 million, as of June 30. Additionally, it holds smaller amounts of ARKB and Grayscale GBTC.

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16 августа 2024 02:44

Marathon: Raised over $300 million, with 4,144 BTC added

Marathon Digital recently shared on social media that it secured $300 million through oversubscribed convertible senior notes. This funding was used to acquire 4,144 BTC, valued at approximately $249 million, increasing its strategic Bitcoin reserves to over 25,000 BTC. Earlier, on August 12, BlockBeats reported that Marathon Digital had announced plans to issue $250 million in convertible senior notes to qualified institutional buyers, with a maturity in 2031, depending on market conditions.

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16 августа 2024 01:57

Harris campaign: Trump and Harris will debate again in October

Harris' campaign team said that Trump and Harris will also debate in October.

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16 августа 2024 01:26

Agency: Strong U.S. consumer spending dispels recession fears

U.S. retail sales spending in July rose 1% month-on-month to $709.7 billion, dispelling concerns that the economy may fall into recession. Although the slowdown in hiring caused a brief but sharp market panic last week, strong retail data showed that the impact of any contraction has not spread to consumers. "The economic slowdown is happening, but it is definitely restrained, and there is really nothing to worry about," said Jeffrey Roach, chief economist at LPL Financial.

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Money & Crypto News

16 августа 2024 00:19

On August 15, 1316 BTC were net outflowed from 10 US Bitcoin ETFs, and 1736 ETH were net outflowed from 9 Ethereum ETFs

The total net outflow of ten US Bitcoin ETFs was 1,316 BTC, equivalent to US$78.32 million, of which Grayscale outflowed 480 Bitcoins, equivalent to US$28.58 million, and Grayscale currently holds 231,853 Bitcoins, equivalent to US$13.8 billion.

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15 августа 2024 23:40

NYSE withdraws listing and trading applications for Bitwise and Grayscale Bitcoin spot ETF options

according to a document released on Thursday, the New York Stock Exchange withdrew the listing and trading application of Bitwise and Grayscale Bitcoin spot ETF options.

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15 августа 2024 22:40

Coinbase International will launch ATOM, DYDX and OM perpetual contracts

Coinbase will add support for Cosmos, dYdX, and MANTRA perpetual futures on Coinbase International Exchange and Coinbase Advanced.

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15 августа 2024 21:54

Cumberland received 95 million USDT from Tether and began transferring it to CEX

According to Arkham monitoring, Cumberland received 95 million USDT from Tether Treasury and began to transfer it to CEX. Among them, Cumberland transferred 19 million USDT to Kraken.

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15 августа 2024 21:04

UMA: Optimistic Oracle is now available on Blast

The decentralized oracle UMA announced that Optimistic Oracle has been launched on Blast, and Blast developers can use the flexibility of Optimistic Oracle to support their applications.

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15 августа 2024 20:11

Market Volatility Drops, Favoring Option Sellers

Greeks•live researcher Adam noted a sharp decline in implied volatility (IV) after PPI and CPI releases, benefiting institutional sellers and making medium-term options more attractive.

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15 августа 2024 19:27

Multicoin Capital leads $3.5 million seed raise for Crunch Lab

Crunch Lab raised $3.5 million in seed funding led by Multicoin Capital. The startup is the core contributor behind CrunchDAO, a platform for AI researchers who can participate in distributed machine learning competitions.

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15 августа 2024 18:33

Orderly Network Partners with Zotto to Enhance DeFi Trading

Orderly and Zotto are collaborating to use AI-driven agents for automated trading, simplifying perpetual contracts and enabling cross-chain transactions in DeFi.

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15 августа 2024 17:39

Binance Labs announces investment in MyShell

On August 15, according to official news, Binance Labs, the venture capital and incubation department of Binance, announced its investment in the decentralized AI ecosystem MyShell. MyShell is a decentralized AI ecosystem that allows everyone to build, share and own AI applications. MyShell has four pillars: open source model layer, AI creation platform, AI application store and value incentive network. MyShell is building a composable and multimodal AI open creation platform with a large number of real use cases and widespread adoption.

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15 августа 2024 16:28

Chainlink: Data Streams and VRF are now available on Base

According to The Block, Chainlink said Data Streams and VRF are now available on the Base network. With the integration, the entire Chainlink product suite is now available to Base developers.

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16 августа 2024 03:09

Vanguard Group CEO: Will Not Launch Cryptocurrency ETF

In an interview with ETF. com, Vanguard CEO Salim Ramji stated that Vanguard would not follow its competitor BlackRock in launching a cryptocurrency ETF, emphasizing the importance of consistency in the company's approach. Ramji, who recently took over as Vanguard's CEO, previously spent ten years at BlackRock, where he was the global head of iShares and index investments, managing significant client assets and developing the iShares platform.

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16 августа 2024 02:52

Grayscale ETHE has outflowed 27.8% since its listing, and it is expected to outflow 50% within 72 days

according to Trader T data, Grayscale Ethereum ETF ETHE had a net outflow of US$16.9 million, and after conversion to ETF listing, 27.8% has been outflowed, and it is expected to outflow 50% within 72 days

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16 августа 2024 02:33

Grayscale GBTC had a net outflow of US$56.9 million and ETHE had a net outflow of US$16.9 million

Based on Farside Investors data:

⏩Grayscale GBTC experienced a net outflow of $56.9 million.
⏩Grayscale ETHE had a net outflow of $16.9 million.
⏩Grayscale Mini BTC saw no net inflow or outflow.
⏩Grayscale Mini ETH had a net inflow of $2.3 million.

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16 августа 2024 01:41

Coinbase analyst: ETH and SOL are the main "beta investment" targets in the crypto market, and their volatility is higher than the overall market

David Duong pointed out that ETH and SOL have always been the main "beta investments" in the crypto market, showing greater volatility than the overall market.

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16 августа 2024 00:54

JPMorgan Chase: Stablecoin regulation may pose a major challenge to Tether's market dominance

Tether has previously been subject to regulatory scrutiny for its lack of transparency in the composition of its reserves, and the new regulations will further increase its pressure to disclose detailed information and conduct audits. JPMorgan Chase believes that if it fails to comply with these new regulations, Tether's dominance in the stablecoin market will be threatened.

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15 августа 2024 23:59

Bloomberg: 701 new funds reported holding Bitcoin spot ETFs, with the total number of holders approaching 1,950

Hedge funds, pensions and banks continue to invest heavily in Bitcoin spot ETFs as more traditional investors begin to accept this asset class. Capula Investment Management, Schonfeld Strategy Advisors and Steven Cohen's Point72 Asset Management also reported ETF holdings. Other buyers include the Wisconsin Investment Committee and corporate market makers from Hong Kong to the Cayman Islands, Canada and Switzerland.

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15 августа 2024 23:29

Orderly Network Completes $5 Million Strategic Financing, with OKX Ventures and Others Participating

Orderly Network aims to solve DeFi liquidity problems and currently supports Ethereum mainnet, Polygon, Optimism, Base, Arbitrum and Mantle. Orderly Network plans to use the funds to develop new products and enhance its on-chain liquidity. In addition, Orderly is preparing for its token generation event (TGE), in which Orderly token stakers will receive 60% of Orderly's net transaction fees.

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15 августа 2024 22:18

Eigen Labs employees accept millions of dollars in airdrops from other projects, raising potential conflict of interest issues

It gave a portion of the tokens to each Eigen Labs employee as a "thank you." Each employee's allocation was ultimately worth $80,000. Eigen Labs said it only sent the list "to teams that had contacted Eigen Labs or its employees for an airdrop," but one team said that Eigen Labs sent it the list of addresses even though it had not asked Eigen Labs to send it.

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15 августа 2024 21:33

Bitcoin Set for Sharp Rise as Global Liquidity Expands, Says Analyst

Real Vision analyst Jamie Coutts predicts a significant Bitcoin surge as central banks increase liquidity. The Global Liquidity Momentum Composite Model (MSI) issued its first bullish signal since November 2023, after Bitcoin's 75% rise between November and April. Recent liquidity injections by the Bank of Japan and the People's Bank of China, totaling nearly $500 billion, are aligned with global monetary expansion, setting the stage for Bitcoin's estimated 2-3x rise in 2024.

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15 августа 2024 20:39

Chaos Labs Completes $55 Million Series A Funding, Led by Haun Ventures

According to CoinDesk, Chaos Labs, a blockchain risk analysis service provider, completed a $55 million Series A financing round, led by Haun Ventures, with participation from F-Prime Capital, Slow Ventures and Spartan Capital, as well as Lightspeed Venture Partners, Galaxy Ventures and PayPal Ventures.

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15 августа 2024 19:46

U.S. stocks continued to rise, with the Nasdaq's gains expanding to 2% and the S&P 500 up 1.3%

US stocks continued to rise, with the Nasdaq's increase expanding to 2% and the S&P 500 index now up 1.3%.

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15 августа 2024 18:58

Arthur Hayes and Oyl launch whitelist for Bitcoin Ordinal NFT collection 'AirHeads'

Arthur Hayes has launched a whitelist for Bitcoin Ordinals NFT collection “Airheads.”The collection is a cooperation between Hayes and Oyl Wallet.

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15 августа 2024 18:08

Data: Aave's weekly lending active users hit a record high last week

According to Dune analytics data, the number of active lending users on Aave hit a record high of about 40,000 last week.

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15 августа 2024 17:12

Dogs announces DOGS token economics: total supply of 550 billion, 81.5% of supply belongs to the community

On August 15, Dogs announced the DOGS token economics, with a total supply of 550,000,000,000 DOGS, of which:
· 81.5% belongs to the community (no lockup): 73% belongs to Telegram OGs, who earn DOGS in the app; The rest is used to reward traders, creators, and future community members;
· 10% is allocated to the team and future development;
· 5% is reserved for CEX and DEX liquidity and listing-related activities.

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15 августа 2024 15:55

Grayscale transfers about 6,349 ETH to Coinbase Prime address

According to financial reports, according to Arkham monitoring, Grayscale transferred about 6,349 ETH to Coinbase Prime address 5 minutes ago, worth about 16.8 million US dollars.

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