Money & Crypto News

16 Aug 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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Money & Crypto News

16 Aug 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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Money & Crypto News

15 Aug 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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Money & Crypto News

15 Aug 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 Aug 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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Money & Crypto News

15 Aug 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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Money & Crypto News

15 Aug 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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Money & Crypto News

15 Aug 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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Money & Crypto News

15 Aug 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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Money & Crypto News

15 Aug 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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Money & Crypto News

15 Aug 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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Money & Crypto News

15 Aug 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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Money & Crypto News

15 Aug 2024 14:53

Futures traders raised the probability of the Federal Reserve cutting interest rates by 25 basis points in September to 74.5% from 65% on Wednesday night

Financial reports, futures traders raised the probability of the Federal Reserve cutting interest rates by 25 basis points in September to 74.5% from 65% on Wednesday night.

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Money & Crypto News

15 Aug 2024 13:56

Vitalik donated all the animal coins received in the past year

According to financial reports, Ethereum co-founder Vitalik Buterin tweeted that the charitable donations have been completed, covering all the animal coins in the past year or so. That being said, I would prefer the coins to be allocated directly to charities. It is now 2024, and we can start more complex public product funding. The picture shows that Vitalik donated 200 ETH, equivalent to about US$530,000.

Money & Crypto News

15 Aug 2024 12:59

Senator Schumer promises to pass crypto legislation by the end of the year

According to financial reports, U.S. Senate Majority Leader and New York Democratic Senator Chuck Schumer spoke at the Crypto4Harris conference on Wednesday, promising to pass crypto legislation by the end of the year. In a live broadcast of the conference, Schumer said that if no action is taken, "there is a risk that cryptocurrencies will flow overseas and into countries with minimum standards that do not have any regulation."
The theme of the event was to achieve a "restart" dialogue with Vice President Kamala Harris and the future Harris administration - and emphasized that the crypto space does not belong to any one party.

Money & Crypto News

16 Aug 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 Aug 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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Money & Crypto News

15 Aug 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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Money & Crypto News

15 Aug 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 Aug 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 Aug 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 Aug 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 Aug 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 Aug 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 Aug 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 Aug 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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15 Aug 2024 15:27

Fed's Musallem: Monetary policy is in a moderately tight state

Financial report, Fed's Musallem: Monetary policy is in a moderately tight state. The time for a change in policy interest rates may be coming soon.

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Money & Crypto News

15 Aug 2024 14:31

FxPro: The Fed's upcoming monetary easing may encourage bulls to overcome BTC's short-term downward trend

According to financial reports, FxPro senior market analyst Alex Kuptsikevich said in a report on Thursday that the Fed's upcoming monetary easing may encourage BTC bulls to overcome the short-term downward trend, which may help push Bitcoin to $66,000. However, the report also pointed out that the new selling momentum is still the mainstream and may fall back to $55,000.

Money & Crypto News

15 Aug 2024 13:33

US SEC approves first leveraged long MicroStrategy ETF

Financial report: According to Bitcoin Magazine, the US Securities and Exchange Commission (SEC) approved the first leveraged long MicroStrategy ETF.

Money & Crypto News

15 Aug 2024 12:30

Arthur Hayes Withdraws 11.4 Million ATH from OKX, Worth About $800,000

According to financial reports, according to Arkham monitoring, Arthur Hayes address 0xA8...506F withdrew 11.4 million ATH from OKX at 17:36 today, worth about $800,000. This is the first time that the address has held Aethir (ATH) tokens. According to previous news, Aethir was launched on Upbit and Bithumb, the first and second largest exchanges in South Korea, yesterday.