Cryptoy ₿

04 Nov 2024 14:47

JUST IN: $725 billion Bernstein predicts a Bitcoin price of $200,000 by end of 2025, regardless of the US election result. : Watcher Guru

Cryptoy ₿

04 Nov 2024 13:20

JUST IN: 🇪🇺 Europe's largest telecom provider, Deutsche Telekom, to test Bitcoin mining for surplus energy. : Watcher Guru

Cryptoy ₿

04 Nov 2024 12:03

OSL Group announced the acquisition of CoinBest, a Japanese compliant cryptocurrency exchange. The share purchase agreement will allow OSL to acquire an 81.38% stake in CoinBest K.K., which is licensed by the Japanese Financial Services Agency. OSL is the first licensed cryptocurrency exchange in Hong Kong. — link : Wu Blockchain News

Cryptoy ₿

04 Nov 2024 11:40

Citi and Fidelity showcase a real-time forex swap proof-of-concept on blockchain at the Singapore Fintech Festival, enabling instant multi-asset settlements. - Coindesk : Leviathan News

Cryptoy ₿

04 Nov 2024 10:52

The Week Ahead | @infinityhedge | Election Week

Macro:
*China's National People's Congress Meeting [to green light Stimulus package but WSJ Today reported “China Isn’t Planning a ‘Bazooka’ Stimulus—at Least Not This Year”] 4-8 Nov.
*U.S Presidential Election on 5
*U.S. Fed Interest Rate Decision on 7 [25 bps cut is widely anticipated]
*Iran retaliation attack against Israel expected, Iranian official: Iran doesn’t want to influence the U.S. election so, the response would come after Tuesday’s voting but before a new president is inaugurated in January

Crypto:
**SEC vs Binance, Defendants’ answers or pleadings in response to the amended complaint due on 4
**SEC vs Binance, Discovery Hearing on 6
*Caroline Ellison Surrender date would be set on or after Nov. 7.
*MakerDAO will run a poll to determine the long-term brand of the backend protocol between 4 to Nov. 7, with three poll options [infinityhedge]: Keep the Sky brand, Recenter the Maker brand or Recenter the Maker brand, with a limited brand refresh
*Kraken’s L2 blockchain ‘ink’ testnet on 10
*HYPE Users must review and accept the Genesis Event Terms to participate in Airdrop before Nov. 11, 2024 23:59 UTC
*Bitwise Ethereum ETF, the Grayscale Ethereum Trust, the Grayscale Ethereum Mini Trust options decision deadline Nov. 11
*DevCon 7 Event, Bangkok [11-15] [Uniday, Kraken, etc]

Token Unlocks:
$APT: $90M: 2.18% on 11
$BANANA: $12M: 7% on 8

What Data Says about BTC:
The options market signals expected moves of about 8% in either direction the day after the vote, compared to typically 2% up or down on a normal day — No significant volatility premium is priced in after Nov. 7, suggesting the market expects a fairly quick resolution — For the weeks after the election, data from the Deribit exchange hint at a possible $60k to $80k trading range based on peak open interest — or outstanding contracts

Earnings/Charts/Articles ⬎ : infinityhedge

Cryptoy ₿

04 Nov 2024 07:32

Justin Sun: Binance charged us $0. Coinbase required us to pay 500 million TRX (worth $80 million) and demanded a $250 million BTC deposit in Coinbase Custody to boost their performance.

When Binance listed, Scroll offered 5% of its tokens for airdrop, and the TON Foundation offered 7.65M TON for airdrop. — link : Wu Blockchain News

Cryptoy ₿

04 Nov 2024 04:43

Last week, from October 28 to November 1, Bitcoin spot ETF had a net inflow of $2.22 billion, the third largest weekly net inflow in history. BlackRock ETF IBIT had a weekly net inflow of $2.15 billion. Ethereum spot ETF had a net inflow of $13 million last week. — link : Wu Blockchain News

Cryptoy ₿

04 Nov 2024 03:41

Naval Ravikant, a well-known angel investor in Silicon Valley, said: Most crypto projects die because the founding team gets rich too early and you can’t recruit your way out of that. Kyle, the co-founder of Muliticoin, agreed and said that the best founders are not completely driven by finance. — link : Wu Blockchain News

Cryptoy ₿

04 Nov 2024 03:04

The Ethereum and Solana hot wallets of the online casino Metawin were hacked. Using the "frictionless withdrawal system" vulnerability of the protocol, hackers stole more than $4 million. Some of the funds have been transferred to Kucoin and HitBTC. — link : Wu Blockchain News

Cryptoy ₿

04 Nov 2024 01:46

When you've become the first Bitcoin whole Coiner in your family : Bitcoin

Cryptoy ₿

03 Nov 2024 22:47

FACT: 🟠 Michael Saylor’s Bitcoin strategy boosted MicroStrategy from a $1B to a $52B market cap 🔥 : Bitcoin

Cryptoy ₿

03 Nov 2024 18:12

🇸🇷 Suriname presidential candidate Maya Parbhoe pledges to make Bitcoin legal tender on day one 🙌 : Bitcoin

Cryptoy ₿

03 Nov 2024 11:42

Coinbase CEO Brian Armstrong said that over time, some diversified investments will be made, including investments in moonshot projects, but the vast majority of Coinbase shares will still be retained.He listed about 10% of my holdings in the 10b51 plan, but much of that at substantially higher price limits than COIN today. — link : Wu Blockchain News

Cryptoy ₿

03 Nov 2024 05:00

Arthur Hayes favors Solana ahead of the U.S. election and calls it a “high beta Bitcoin” in Unchained podcast; it doesn’t matter who wins the U.S. election because the primary impact on digital assets will be the Fed’s decision on November 7. He warned that no matter how politics change, crypto regulation is unlikely to see significant improvements. — link : Wu Blockchain News

Cryptoy ₿

03 Nov 2024 04:14

Ki Young Ju, founder of CryptoQuant, said that in September 2021, the stablecoin market value was $30 billion, and now is about $166 billion. However, only 21% of stablecoins are used for transactions in exchanges now. In 2021, more than half of the stablecoins were in exchanges, indicating that the trend of stablecoins as a store of value or a method of remittance is rising in this cycle. — link : Wu Blockchain News

Cryptoy ₿

04 Nov 2024 14:45

Singapore Gulf Bank, the digital bank backed by Mumtalakat, the sovereign wealth fund of the Kingdom of Bahrain, and Singapore's largest privately-held investment group Whampoa Group, announced today the launch of its corporate banking services. This is the first regulated bank in Bahrain offering comprehensive crypto-compatible banking services. — link : Wu Blockchain News

Cryptoy ₿

04 Nov 2024 13:00

MMS, a subsidiary of Deutsche Telekom, one of the largest telecommunications companies in Europe, will work with Bankhaus Metzler to operate a Bitcoin mining infrastructure using surplus energy. By mining using renewable energy, the project aims to provide data support for grid stability, especially during fluctuations in energy supply. — link : Wu Blockchain News

Cryptoy ₿

04 Nov 2024 11:45

Binance announced that it will launch PONKEUSDT perpetual contract with up to 75x leverage at 2024-11-04 12:30 (UTC). PONKE is a memecoin on Solana centered around the image of a monkey. Binance has not yet launched PONKE spot trading. — link : Wu Blockchain News

Cryptoy ₿

04 Nov 2024 11:39

Digital asset investment products saw inflows of $2.2bn last week, bringing year-to-date inflows to a record breaking $29.2bn.

Bitcoin saw inflows of $2.2bn while Ethereum saw $9.5m in inflows — link : unfolded.

Cryptoy ₿

04 Nov 2024 08:00

Singapore pushes for commercialization of tokenization — link | tl;dr : unfolded.

Cryptoy ₿

04 Nov 2024 04:43

Last week, from October 28 to November 1, Bitcoin spot ETF had a net inflow of $2.22 billion, the third largest weekly net inflow in history. BlackRock ETF IBIT had a weekly net inflow of $2.15 billion. Ethereum spot ETF had a net inflow of $13 million last week. — link : Wu Blockchain News

Cryptoy ₿

04 Nov 2024 04:28

According to Tokenomist, the single unlocking amount in the next 7 days will be greater than 5 million US dollars, including NEON BANANA ADA XAI BGB AGI, etc., and the linear large unlocking in the next 7 days includes SOL WLD TIA TAO AVAX DOGE SEI NEAR DOT SUI FIL, etc. The total unlocking value exceeds 349 million US dollars. — link : Wu Blockchain News

Cryptoy ₿

04 Nov 2024 03:25

Stablecoin issuer Circle said that Hong Kong is an important market for USDC and intends to hire more employees and establish business in Hong Kong. It is currently waiting for the introduction of new stablecoin regulations in HK and will consider applying for a license; HK has great advantages in developing stablecoins, including the ability to achieve same-day US dollar settlement and is also the largest capital market in the Asia-Pacific region. — link : Wu Blockchain News

Cryptoy ₿

04 Nov 2024 03:00

The Federal Reserve will announce its interest rate decision on November 7 this week, and CME shows a 99.7% probability of a 25bps rate cut. In addition, voting for the US presidential election will begin on November 5, and the results are expected to be determined around November 6. — link : Wu Blockchain News

Cryptoy ₿

04 Nov 2024 00:06

FYI: 🟠 In the past days Bitcoin hit all-time high in 113 currencies 📈

Nothing's stopping this train. : Bitcoin

Cryptoy ₿

03 Nov 2024 21:02

🇺🇸 U.S. ETFs bought 11,900 #Bitcoin on October 29th—equivalent to a month’s supply❗️ : Bitcoin

Cryptoy ₿

03 Nov 2024 15:26

Moonrock Capital CEO Simon said that a Tier 1 project received a request from Binance to list, but they were required to provide 15% of the total token supply. Coinbase CEO Brian said that Coinbase listing coins is free. However, Andre Cronje refuted that Binance did not charge them any fees, and Coinbase recently asked for $60m (probably referring to FTM token). — link : Wu Blockchain News

Cryptoy ₿

03 Nov 2024 07:09

CoinShares' latest report shows that based on second quarter cash cost data, the average cost of producing one bitcoin for all listed miners is now $49,500, and if depreciation and stock compensation are included, this average cost will rise to $96,100. Mining companies are increasingly diversifying their revenue sources to include AI. — link : Wu Blockchain News

Cryptoy ₿

03 Nov 2024 04:27

In the past 12 hours, Polymarket showed that in the most important swing state of Pennsylvania, Trump's chances of winning dropped from 56% to 51%, while Harris's chances rose from 45% to 50%. The Washington Post survey showed Harris leading Trump with 48% to 47% in Pennsylvania. — link : Wu Blockchain News

Cryptoy ₿

03 Nov 2024 04:07

Cosmos Network wallet: 0xE8...57d3 transferred 3,500 ETH worth about 8.72 million USD to Coinbase Prime Deposit at 0:50 UTC+8 today via the transfer address: 0x5b...d7b0. Currently, Cosmos Network wallet: 0xE8...57d3 still holds 20,087 ETH worth about 49.85 million USD, which comes from the ICO in 2017. — link : Wu Blockchain News