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Fastest Breaking Markets Updates Crypto • Finance • Technology • War
⚠️ Major Global Outage: "blue screen” appears on Microsoft PCs with CrowdStrike's Falcon security software installed.
Trains, Banks, Airlines, Markets, Media Outlets And Many More Businesses Worldwide Disrupted.
> Microsoft Services down
> Flights being grounded at airports across the world
> Boarding scanners at airports offline
> London Stock Exchange affected
Troy Hunt:
I don’t think it’s too early to call it: this will be the largest IT outage in historyЧитать полностью…
Bitcoin just had one of its least volatile three months in history.
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All Spot ETH ETFs Fees:
> Blackrock: 0.25% [0.12% for the first $2.5B/12 months]
> Grayscale: 2.5%
> Franklin: 0.19% [ZERO fee for the first $10B/31st Jan 2025]
> Vaneck: 0.20% [ZERO fee for the first $1.5B/12 months]
> Bitwise: 0.20% [ZERO fee for the first $500M/6 months]
> Fidelity: 0.25% [ZERO fee in 2024]
> 21shares: 0.21% [ZERO fee for the first $500M/6 months]
> Invesco Galaxy: 0.25%
> Grayscale ETH Mini Trust: 0.25% [0.12% for the 1st $2B/12 months]
BTC down 0.5%
S&P 500 down 1.5%
Nasdaq down 3%
Microsoft down 2.5%
Apple down 3.5%
Nvidia down 7.5%
Grayscale launches new fund for decentralized AI: TheBlock
> Projects included in the fund's basket are Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR), and Render (RNDR).
U.S. RECEIVED INTEL OF IRANIAN PLOT TO ASSASSINATE TRUMP: CNN
> NO KNOWN CONNECTIONS TO SATURDAY'S RALLY SHOOTING
Traders see the odds of a Fed rate cut by September at 100%
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Mt.Gox Moving BTC
> 48.6K to 3JQieE
> 42.6k to 18vjnB
'1WhatTheFuckAreYouDoing77778tgvaK'
ETH ETFs EXPECTED to launch for trading on 23rd July: BBG ETF analyst Eric Balchunas
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Powell Signals Rate Cut Coming Into View—but Declines to Say When: WSJ
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German government has sold all of its 50K BTC holdings in the last 23 days, Now labelled address shows zero holdings.
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The websites associated with Squarespace could be at risk of being hacked, as two major crypto projects compound Finance and Celer Network websites got hacked.
> List of projects associated with Squarespace: link
> Avoid any interaction with them for now ⚠️
>U.S. Unemployment Rate 4.1%, Exp. 4.0%
Nonfarm Payroll:
>June 206K, Exp. 190K
>May revised from 272K, to 218K
>April revised from 165K to 108K
—Rate cut odds remain unchanged, the muted reaction after payrolls shows the market will wait for Powell speech and June CPI data next week before changing odds for September rate cut.
CBOE: 21Shares, Fidelity, Franklin Templeton, Invesco and VanEck Spot ETH ETFs To Begin Trading On July 23, 2024
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⚠️ Confirmed Breach: Indian Crypto exchange WazirX hacked for $235M: Cyvers
Hacker: 0x04b21735E93Fa3f8df70e2Da89e6922616891a88
Hacker holds:
SHIB: $99M
ETH: $52M
MATIC: $11M
FLOKI: $4.8M
FTM: $3M
> Exchange has temporarily paused Withdrawals.
> Stolen funds exceeds 45% of total reserves. Exchange disclosed $500M holdings in Proof of Reserves Report in June.
Earlier Today: Biden said he would drop out of 2024 race if diagnosed with medical condition.
Just Now: Biden tests positive for COVID.
Vitalik Buterin warns that being crypto friendly now doesn't guarantee being crypto friendly in the future, and recommends examining politicians' past views on related topics.
Article: Against choosing your political allegiances based on who is "pro-crypto"
> by publicly giving the impression that you support "pro-crypto" candidates just because they are "pro-crypto", you are helping to create an incentive gradient where politicians come to understand that all they need to get your support is to support "crypto".
> If a politician is pro-crypto, the key question to ask is: are they in it for the right reasons?
State Street is exploring creating its own stablecoin and also considering creating its own deposit token, which would represent customer deposits on a blockchain.
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Donald Trump Bloomberg Interview summary:
> will allow Jerome Powell to serve out his term as chair of the Federal Reserve (until May 2026).
> will lower the corporate tax rate to 20% & will try to get it down to 15%.
> considering Jamie Dimon (JPMorgan CEO) for Treasury Secretary.
> FED should abstain from cutting rates before the November election and giving the economy, and Biden, a boost.
> no longer plans to ban TikTok.
> Trump on Big Tech: “They have become too big, too powerful,”—“They’re having a huge negative impact on, especially, young people.”—“If you don’t have TikTok, you have Facebook/Instagram —and that’s, you know, that’s Zuckerberg.”
> Trump on inflation: will bring down prices by opening up the US to more oil and gas drilling. “We have more liquid gold than anybody."
> Tariffs on imports: 60% to 100% on china and 10% across-the-board from other countries.
> Trump on Taiwan: Taiwan took U.S. chip business, wants Taiwan to pay the U.S. for protection & sees practical difficulty of defending a small island on the other side of the globe.
> Trump on Saudi Arabia: They’re always going to need protection.. they’re not naturally protected.”—“I’ll always protect them."
> Trump on Crypto: "If we don’t do it, China is going to figure it out, and China’s going to have it—or somebody else.”
Reports via creditors Emails: Kraken: We have successfully received creditor funds (BTC and BCH) from the Mt. Gox Trustee. While we will work to distribute funds as quickly as possible, please anticipate 7-14 days for funds to be credited to your account.
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Trump's VP pick 'JD Vance' on Crypto Tokens and SEC chair Gary Gensler
If there's a candidate for the worst person in my view, at least in terms of my substantive disagreement, it's Gary Gensler.Читать полностью…
Trump picks Crypto-Friendly 'JD Vance' as VP running mate
JD Vance pro-crypto record: Eleanor Terrett
> Voted to repeal SAB 121
> Slammed the SEC for DebtBox incident
> In 2023, he introduced a bill to improve bank regulation and make sure customers like crypto firms and gun manufacturers are not discriminated against
> In 2022, Vance disclosed $BTC holdings of up to $250K
The Week Ahead: July
Macro:
> Powell Speaks on 15
> Fed Beige Book on 17
> TSM and Netflix Earnings on 18
Whole week:
> ETH spot ETFs are expected to be approved for trading
> U.S. Bank Earnings
> China's third plenum (four-day meeting expected to shape the country’s economic strategy for the next five to 10 years)
Unlocks:
> $ARB: ~3%: $70M
*More info/charts in comments 👇
S&P 500 down 1%
Nasdaq down 2%
BTC down 3.5%
Nvidia down 6%
June CPI:
MoM: -0.1% [Est. 0.1%, Prev. 0%]
YoY: 3% [Est. 3.1%, Prev. 3.3%]
Core MoM: 0.1% [Est. 0.2%, Prev. 0.2%]
Core YoY: 3.3% [Est. 3.4%, Prev. 3.4%]
The Week Ahead: July
Macro:
> Jerome Powell to testify before Senate and House on 9 and 10
> June CPI on 11
> Major U.S. Bank Earnings this and next week.
Crypto:
> US House might vote to overturn biden's SAB 121 veto on 9/10 july
> ETH spot ETFs are expected to be approved for trading at the end of this week or early next week
> ETHcc conference 8-11
Unlocks:
> $XAI: 71%: $65M on 9
> $APT: 2.5%: $67M on 12
> $IMX: 2%: $41M on 12
> $STRK: 4.9%: $38M on 15
The trustee (MtGox) has previously detailed that the timeline for payouts to become visible in creditors' accounts may vary depending on the exchanges': TheBlock
> Kraken is given 90 days to process payouts
> Bitstamp may take up to 60 days
> BitGo will have payouts visible within 20 days
> SBI VC Trade and Bitbank will both complete payouts within 14 days