After a rally, the total crypto market cap went back under 1T as BTC lost its 20,000 level today while DXY remained above 114 following a short-term retracement to 113.3.
In Coin360 Daily Digest:
2/ BTC has been sliding to 19,000, recording a loss of over 1,000 within 5 hours amid the comeback of DXY strength at 114.4.
Is it a result of the recent profit-taking session?
BTC ETH technical analysis & macro comment:
3/ ETH was also hit by the BTC movement, and posted just a 0.5% gain over the past 24h.
Details in our heatmap:
4/ An analyst argued that the @wintermute_t hack appeared to have been carried out by an internal party after observing the platform’s smart contracts interactions.
The news came out before Brett Harrison announced to step down as FTX US president and move into advisory role.
7/ With @Mastercard x @hi_com_official debit card, eligible users will be able to personalize the face of their card with an NFT avatar they verifiably own, and spend fiat, crypto, and stablecoins at 90M+ locations worldwide.
The data will be directly distributed to multiple blockchain applications including those in the DeFi space.
9/ @Nexo has bought a stake in Summit National Bank, a U.S. federal bank regulated by the OCC.
The news came after California, New York and six other states filed their administrative actions against Nexo for offering unregistered securities.
The beta version is made available to the first 10,000 users who joined the waitlist in May 2022.
Integration is expected to be completed before the end of the year.
12/ @Cosmos published a whitepaper announcing ATOM 2.0 and other major changes, including Interchain Scheduler and Interchain Allocator.
Strike is focused on Bitcoin's Lightning network, a payments protocol intended to enable fast TXs that use smaller denominations of the cryptocurrency.
15/ Other news: Suspicious transfer of 3,310 BTC discovered upon @stablekwon arrest warrant:
@FasanaraCapital establishes 350M crypto VC fund:
@RevolutApp greenlighted to provide crypto services in the UK:
16/ @DeribitExchange raises fund from existing investors at 400M valuation:
Jihan Wu setting up 250M fund to buy distressed BTC mining assets:
@Umee_CrossChain targets TradFi w/ institutional lending DAO:
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