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COIN360 5 minutes reading from Bitcoin

Bitcoin Price Holds Above $19,500 Despite Recent Losses

Despite recent losses, BTC is still outperforming many traditional assets at this stage.

The market slightly recovered from the daily lows as BOE said it will buy bonds to stop the spread of a financial crisis, raising hope that the Fed will follow.

In Coin360 Daily Digest:

2/ BTC was up to 19,500 from the daily low of 18,500 while investors expected central banks to be done with policy tightening.

BTC price recorded a small gain of 1.27% today, bringing it back to the green zone.

BTC ETH technical analysis:

Bitcoin bulls shaken not stirred by yesterday's market movementBitcoin bulls shaken not stirred by yesterday's market movement

3/ ETH was still in the red, posting a 0.2% drop in the past 24h at 1,330. The price action will see most traders either liquidated or stop-hunted as per our TA.

Top gainers: HNT QNT KAVA Top losers: CHZ MIOTA ZEC

Details in our heatmap:

Cryptocurrency Prices Heatmap, Market Cap, Charts & Widget – COIN360Cryptocurrency Prices Heatmap, Market Cap, Charts & Widget – COIN360

4/ @Chainlinks new “Build” and “Scale” programs set the stage for LINK staking to begin in December 2022:

The firm also partnered with @coinbasecloud to launch pricing feeds for the floor price of blue-chip NFTs:

Chainlink announces ecosystem growth program called ‘SCALE’Chainlink announces ecosystem growth program called ‘SCALE’
Coinbase Cloud, Chainlink Launch Price Oracles for NFT Floor Pricing - DecryptCoinbase Cloud, Chainlink Launch Price Oracles for NFT Floor Pricing - Decrypt

5/ @FTX_Official has been said to be weighing a bid for assets belonging to @CelsiusNetwork

FTX reportedly considers bailing out Celsius via asset bidFTX reportedly considers bailing out Celsius via asset bid

6/ @SeiNetwork has launched a 50M ecosystem and liquidity fund to support new DeFi applications on its platform.

Crypto trading-focused blockchain Sei launches 50M ecosystem fundCrypto trading-focused blockchain Sei launches 50M ecosystem fund

7/ @ChristiesInc announced Christie’s 3.0, a newly developed platform that will allow for fully on-chain NFT sales.

The on-chain marketplace is built from the ground up together with @manifoldxyz @chainalysis & @spatialxr

Christie's Goes Digital, Launches A Virtual Art Auction Platform On Ethereum - Ethereum World NewsChristie's Goes Digital, Launches A Virtual Art Auction Platform On Ethereum - Ethereum World News

8/ @ribbonfinance announced plans to launch a new crypto options trading service called @aevoxyz

It will be launched for closed beta testing in October, before going live on @Ethereum mainnet by the end of the year.

DeFi Derivatives Protocol Ribbon Finance Launches Options Exchange on Ethereum - DecryptDeFi Derivatives Protocol Ribbon Finance Launches Options Exchange on Ethereum - Decrypt

9/ @PanteraCapital is reportedly raising 1.25B for a second blockchain fund to invest in equity and digital tokens.

Pantera is seeking 1.25 billion for a second blockchain fund, Bloomberg reportsPantera is seeking 1.25 billion for a second blockchain fund, Bloomberg reports

10/ @optimismFND is the next stop for @opensea So far OpenSea has added support to six blockchains in total:

Meanwhile, the NFT marketplace awarded at least two ethical hackers 100,000 each as bounty rewards:

OpenSea NFT Marketplace Adds Support for Optimism – OP Token Price ForecastOpenSea NFT Marketplace Adds Support for Optimism – OP Token Price Forecast
OpenSea is offering two ethical hackers a 200,000 reward for their effortsOpenSea is offering two ethical hackers a 200,000 reward for their efforts

11/ @Cardano has been celebrating its 5th anniversary, but the community split over the Project Catalyst Fund 9 result regarding "Daedalus Turbo," a proposal that claims to make Daedalus 10x faster.

Cardano: Backlash Arises over Funding of Wallet "Daedalus Turbo," Here's ReasonCardano: Backlash Arises over Funding of Wallet

12/ @0xCoral the @anchorlang @xNFT_Backpack creator, has raised a 20M strategic funding round co-led by FTX Ventures and @Jump_

FTX Ventures, Jump Crypto Lead 20M Fundraise for Executable NFT WalletFTX Ventures, Jump Crypto Lead 20M Fundraise for Executable NFT Wallet

13/ Hong Kong-based crypto hardware wallet maker @OneKeyHQ has raised 20M in Series A funding.

The round was led by @dragonfly_xyz and @RibbitCapital followed by @hiFramework @Sky9Capital @FoliusVentures and more.

Crypto hardware wallet maker OneKey raises 20 million in Series A fundingCrypto hardware wallet maker OneKey raises 20 million in Series A funding

14/ Other news:

@WisdomTreeETFs set to launch digital fund with real-world focus:

BIS marks CBDC pilot as "successful" with 22M transacted:

Russia said to consider digital ruble settlements with China:

WisdomTree Set To Launch Digital Fund With Real-world FocusWisdomTree Set To Launch Digital Fund With Real-world Focus
BIS marks CBDC pilot as ‘successful’ with 22M transactedBIS marks CBDC pilot as ‘successful’ with 22M transacted
Russia said to consider digital ruble settlements with ChinaRussia said to consider digital ruble settlements with China

15/ California regulator targets 11 crypto trading desks operating like "ponzis":

Upstart crypto carbon credits platform raises 2B to tap "Internet of Energy":

The U.S. has declared war on crypto:

California Regulator Targets 11 Crypto Trading Desks Operating Like 'Ponzis'California Regulator Targets 11 Crypto Trading Desks Operating Like 'Ponzis'
Upstart Crypto Carbon Credits Platform Raises 2B to Tap ‘Internet of Energy’Upstart Crypto Carbon Credits Platform Raises 2B to Tap ‘Internet of Energy’
The U.S. Has Declared War on Crypto. Here's How We Fight BackThe U.S. Has Declared War on Crypto. Here's How We Fight Back

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