Money & Crypto News

10 августа 2024 04:58

vitalik. eth transferred 3,000 ETH to a multi-signature wallet, possibly for donation

vitalik. eth transferred 3,000 ETH (8.05 million US dollars) to a multi-signature secure wallet, probably as a donation.

✅@Money

Money & Crypto News

10 августа 2024 04:31

ETH/BTC exchange rate bull James Fickel has spent 46.49 million USDC to buy ETH and WBTC since the evening of August 6

On-chain analyst Ember reported that bull trader James Fickel spent $46.49 million USDC to buy ETH and WBTC following the market drop on August 5. Over a span of two days, starting the evening of August 6, Fickel made the following purchases:

🔴ETH: $34.49 million USDC for 13,676 ETH at an average price of $2,522 per ETH.
🔴WBTC: $12 million USDC for 211 WBTC at an average price of $56,824 per WBTC.

✅@Money

Money & Crypto News

10 августа 2024 04:09

Wall Street expects the Fed to end its balance sheet reduction this year, but an emergency stop is unlikely

The Federal Reserve is nearing the end of its balance sheet reduction, but the exact timing depends on the pace of interest rate cuts and market pressures. Policymakers have suggested that U.S. debt holdings might be fully reduced by year-end, though Wall Street doubts a sudden end to quantitative tightening. Weak economic data and liquidity pressures add uncertainty. Bank of America strategists noted that if the Fed aims to stimulate the economy, it might halt balance sheet reduction; if it seeks to normalize policy, reduction could continue. Recent signs of faster-than-expected economic slowdown led to a rise in global bonds, with traders anticipating more aggressive interest rate cuts. Morgan Stanley analysts believe that early end to balance sheet reduction is unlikely due to factors like money market liquidity or a U.S. recession.

✅@Money

Money & Crypto News

10 августа 2024 03:44

BTCW had a net inflow of $118.5 million, setting a record for the ETF’s single-day inflow

WisdomTree's BTCW had a net inflow of $118.5 million yesterday, the highest single-day net inflow in the history of the Bitcoin spot ETF.

✅@Money

Money & Crypto News

09 августа 2024 23:34

Jupiter Co-founder Addresses API Abuse and Service Disruptions

Jupiter co-founder Meow revealed recent issues with Jupiter's spot products, including API abuse and a 6-hour service disruption for DCA caused by CU estimation errors. In response, Jupiter will implement access key-based API access and refine its security checks, especially for low-liquidity tokens. Enhanced UI information and smarter security protocols will be introduced gradually.

✅@Money

Money & Crypto News

09 августа 2024 22:46

GSR CEO: Bitcoin and US stocks will remain highly correlated until the election is over

GSR CEO Rich Rosenblum said in an interview with BlockWorks that Bitcoin and U.S. stocks will remain highly correlated until the election is over, and Bitcoin will not be able to become "digital gold" for the time being.

✅@Money

Money & Crypto News

09 августа 2024 21:49

Grayscale transferred 639.944 BTC to a newly created address, worth approximately $38.78 million

Grayscale transferred 639.944 BTC to a newly created address, worth approximately $38.78 million. The address obtained a small amount of Bitcoin from Coinbase as gas.

✅@Money

Money & Crypto News

09 августа 2024 20:49

Grayscale Ethereum Mini Trust Address Received 1,950 ETH

the Grayscale Ethereum Mini Trust address received 1,950 ETH transferred from Coinbase Prime, worth approximately $5.1 million.

✅@Money

Money & Crypto News

09 августа 2024 20:32

Ethereum Developers: Most of the Ethereum Roadmap Goals Can Be Achieved in Four Years

Ethereum protocol developer and Prysm maintainer Terence recently shared his views on his social platform. He believes that Ethereum's roadmap is simpler than many people think, and most of it can be achieved in the next four years: maximize data availability, improve censorship resistance, reduce trust through out-of-protocol block construction and better time slot utilization, reach consensus faster, improve staking user experience, finalize staking economy, limit execution layer storage and achieve stateless execution state.

✅@Money

Money & Crypto News

09 августа 2024 19:28

Ethereum briefly fell below $2,600

Ethereum briefly fell below $2,600 and is now quoted at $2,599.7, with a 24-hour increase falling back to 5.71%.

✅@Money

Money & Crypto News

09 августа 2024 18:36

Grayscale transfers 7,706 ETH to Coinbase Prime

Grayscale transferred 7,706 ETH to Coinbase Prime 3 minutes ago, worth approximately $20.112 million.

✅@Money

Money & Crypto News

09 августа 2024 17:29

Animoca Brands' current secondary valuation is about $1.5 billion, down about 75% from two years ago

On August 9, DL News reported that although Animoca Brands held assets totaling about $3.3 billion as of March, Animoca Executive Chairman and Co-founder Yat Siu said the company's secondary shares were trading at about $1.5 billion.
This figure is about 75% lower than its $5.9 billion valuation in July 2022, when its announcement raised $75 million.

✅@Money

Money & Crypto News

09 августа 2024 16:29

Orderly Network will airdrop in August and will distribute 60% of net fee rewards to token stakers

On August 9, according to the official announcement, Orderly Network announced that the airdrop activity will be carried out in August and updated its token economics information. 55% of the 1 billion ORDER will be used for ecosystem development (including airdrops), 20% for the Orderly team and consultants, 15% for strategic investors, and 10% will be retained in the Orderly Foundation treasury to promote exchange liquidity, etc. Of the total supply, 13.3% is used for airdrops.

✅@Money

Money & Crypto News

09 августа 2024 15:30

Cardano founder: If the United States uses Bitcoin as a reserve asset, it will pose a centralization risk

According to financial reports, Cardano founder Charles Hoskinson responded to presidential candidate Robert Kennedy Jr.'s recent proposal to use Bitcoin as a reserve asset for the United States, saying that although strategic Bitcoin reserves may be beneficial to price trends, if the U.S. Treasury Department controls 19% of the BTC supply as it thinks, it will pose a significant centralization risk to Bitcoin.

✅@Money

Money & Crypto News

09 августа 2024 14:42

Boston Fed President: Downward inflation will lead to a quick Fed rate cut

According to financial reports, Collins, a 2025 FOMC voter and president of the Boston Fed, said in an interview that if inflation continues to decline while the labor market remains strong, the Fed will likely begin to ease interest rate restrictions. Collins added that although the latest employment data was lower than expected, the U.S. labor market remains strong. She warned that although inflation is returning to the target level of 2%, it is slower than expected.

✅@Money

Money & Crypto News

10 августа 2024 04:49

Placeholder Partner: Central banks around the world are about to relax policies, and crypto assets are ushering in an early bull market layout

Chris Burniske, former head of Ark Invest encryption and current partner of Placeholder VC, said on social media, "While sentiment is reset and leverage is cleansed, the lows of most high-quality crypto assets are significantly higher than the levels in 2023. At the same time, central banks around the world are about to be forced to relax policies. Although there may be some fluctuations in the third quarter, this is a good early bull market layout anyway."

✅@Money

Money & Crypto News

10 августа 2024 04:20

JPMorgan Asset Management: Bank of Japan expected to avoid another rate hike in the short term

Morgan Asset Management's Seamus Mac Gorain stated that the Bank of Japan is unlikely to raise interest rates in the near term. Any further tightening may depend on the U.S. economic situation, particularly if the Federal Reserve cuts rates to stabilize the U.S. economy. Mac Gorain suggested that significant policy tightening by the Bank of Japan might not occur until 2025 and would depend on a stable global economic environment. He emphasized that the Bank of Japan is unlikely to act until market conditions stabilize and global and U.S. economies avoid recession.

✅@Money

Money & Crypto News

10 августа 2024 03:54

DEGEN briefly broke through $0.0048, up more than 55% in 24 hours

DEGEN briefly broke through $0.0048 and is now quoted at $0.004708, up more than 55% in 24 hours.

✅@Money

Money & Crypto News

10 августа 2024 03:25

Coinbase Adds Across Protocol (ACX) to its Listing Roadmap

according to official news, the cryptocurrency trading platform Coinbase included Across Protocol (ACX) in its coin listing roadmap.

✅@Money

Money & Crypto News

09 августа 2024 23:02

The Rollup and Everclear collaborate to release chain abstract ecosystem map

According to official news, The Rollup, an educational platform for Rollups, modular blockchains and DeFi, and Everclear (formerly Connext Network) cooperated to release a chain abstraction ecosystem map. The ecosystem map contains more than 80 projects and showcases a unified modular chain abstraction ecosystem with Everclear as the foundation of the chain abstraction stack.

✅@Money

Money & Crypto News

09 августа 2024 22:12

A whale added another 1,800 ETH 30 minutes ago

According to Lookonchain monitoring, a whale added another 1,800 ETH 30 minutes ago, worth about $4.7 million. Since May 24, the whale has accumulated 37,800 ETH (US$99 million), with an average purchase price of US$2,420, and currently has unrealized profits of US$7.5 million.

✅@Money

Money & Crypto News

09 августа 2024 21:34

Bitcoin CEX net outflows reached $1.7 billion in the past week, the highest in more than a year

the net outflow of Bitcoin CEX reached $1.7 billion in the past week, the largest amount in more than a year.

✅@Money

Money & Crypto News

09 августа 2024 20:44

Two addresses on the Tron chain were frozen, holding more than 16.47 million USDT

two addresses on the Tron chain were frozen, one of which held 10,000,028 USDT, and the other held more than 6.47 million USDT.

✅@Money

Money & Crypto News

09 августа 2024 19:54

Survey: About 80% of economists expect the Fed to cut interest rates by only 25 basis points in September

the vast majority of economists surveyed by Bloomberg expected that the Federal Reserve would only cut interest rates by 25 basis points in September. This is contrary to the voices of some large Wall Street banks that the next meeting will significantly cut interest rates.

✅@Money

Money & Crypto News

09 августа 2024 18:56

Grayscale transfers 2776.417 BTC to Coinbase Prime address

Grayscale transferred a total of 2,776.417 BTC to the Coinbase Prime address five minutes ago.

✅@Money

Money & Crypto News

09 августа 2024 18:14

Security agency: Hackers can extract private keys from Bitcoin hardware wallets with only two signature transactions through new attack method

the latest report shows that security researchers have discovered a new attack mechanism called "Dark Skippy", which hackers can use to extract private keys from Bitcoin hardware wallets with only two signature transactions. The vulnerability may affect all hardware wallet models, but it will only work if the victim is tricked into downloading malicious firmware.

✅@Money

Money & Crypto News

09 августа 2024 16:54

Thailand SEC launches digital asset regulatory sandbox to promote experimentation and development of new digital asset services

On August 9, Cointelegraph reported that the Thai Securities and Exchange Commission (SEC) launched a digital asset regulatory sandbox on August 9 to promote experimentation and development of new digital asset services. The SEC's announcement stated: "Interested parties are welcome to participate in the sandbox to test their digital asset-related services and promote the innovative development of the capital market under a flexible regulatory framework," adding that the sandbox was officially launched today.

✅@Money

Money & Crypto News

09 августа 2024 15:54

Coinbase Chief Legal Officer opposes CFTC's proposed rulemaking to ban certain prediction contracts

On August 9, Coinbase Chief Legal Officer Paul Grewal opposed the U.S. Commodity Futures Trading Commission (CFTC)'s proposed rulemaking to ban certain prediction contracts, arguing that it was not well-founded. Grewal believes that the proposal has a definition problem, and the broad definition of "gambling" covers Nobel Prizes and Oscars, etc. The definition is also inconsistent with legislative history, evaluating contracts as a category that is not in the public interest and exceeds the CFTC's statutory authority.

✅@Money

Money & Crypto News

09 августа 2024 14:53

Thailand launches regulatory sandbox to test crypto services

According to financial reports, the Securities and Exchange Commission (SEC) of Thailand launched a digital asset regulatory sandbox on August 9. The sandbox aims to promote the experimentation and development of new digital asset services.
The announcement stated: "Interested parties are welcome to participate in the sandbox to test their digital asset-related services and promote the innovative development of the capital market under the framework of flexible regulation," adding that the sandbox was officially launched today.

✅@Money

Money & Crypto News

09 августа 2024 13:54

Arbitrum community launches vote on "unlocking token utility by enabling ARB staking"

According to the Snapshot governance page, Tally market operations director Frisson launched a proposal vote on "unlocking token utility by enabling ARB staking" in the Arbitrum community, and the vote will end on August 16.

✅@Money