BTC and the broader crypto market didn't seem to be hit hard by macro headwinds today, even with Credit Suisse and Deutsche Bank's potential financial difficulty.
In @COIN360com Daily Digest:
2/BTC rose slightly to approx. 19,400 at the time of writing, even as stocks fell.
While bears think of the current sideway as a sign of an upcoming 50% crash, bulls saw the opportunity in long-term investors holding and DXY's potential drop to 108.
3/ ETH was back to 1,320 with a 1.4% increase in the past 24h.
More details in our heatmap:
4/ @Tether_to has cut its commercial paper holding to less than 50M. Now U.S. Treasury bills account for 58.1% of the company's reserves, according to its CTO.
Stablecoin Issuer Tether Increases US Treasury Portfolio, Cuts Commercial Paper Holdings to Below 50M
5/ @CelsiusNetwork's">@CelsiusNetworks @Mashinsky withdrew 10M from the now-bankrupt cryptocurrency lender just weeks before the company froze customer accounts and collapsed, as per The Financial Times.
6/ @NYDIG_BTC recently raised 720M for its institutional digital asset fund from 59 investors, according to a filing with the SEC.
This came before the company announced that its CEO Robert Gutmann and President Yan Zhao were leaving the firm.
7/ @Coinbase has reassured users that all funds are safe after the exchange was unable to process US bank transactions for nearly six hours over the weekend.
8/ @TransitFinance attacker returned 18.9M of the stolen funds worth 28.9M.
It appears that the hacker left behind a marked trail, with Transit Swap saying it had identified the hacker’s IP, email address, and associated on-chain addresses.
9/ @KimKardashian has been charged by the U.S. SEC for unlawfully promoting EthereumMax token on socialmedia.
She agreed to pay 1.26M in penalties and will work with the SEC on its ongoing investigation.
10/ @binance has signed a memorandum of understanding with the Financial Monitoring Agency of the Republic of Kazakhstan as a part of its global law enforcement training program.
11/ @XinFin_Official has utilized a portion of its personal token allocations to help secure a 50M commitment from global alternative investment firm @LDACapital to aid in the development and expansion of L2 projects in the ecosystem.
13/ Cathie Wood’s @ARKInvest has partnered with @eaglebrook to make ARK's two actively managed crypto strategies available as separately managed accounts for the clients of registered investment advisors.
14/ Other news:
Weekly MacroSlate: Central banks start to panic and pivot, all eyes are now on the fed. What does this mean for Bitcoin?
Are Credit Suisse and Deutsche Bank on the brink of collapse? What does it mean for crypto?
Weekly MacroSlate: Central banks start to panic and pivot, all eyes are now on the fed. What does this all mean for Bitcoin?
15/ Flashbots now accounts for 39% of Ethereum blocks as censorship concerns rise:
Pro-Russian paramilitary groups raise 400,000 in bitcoin, crypto to avoid sanctions: @trmlabs
Pro-Russian Paramilitary Groups Raised 400,000 in Bitcoin, Crypto to Avoid Sanctions: TRM Labs - Decrypt
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18/ That's a wrap!
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19/ Correction: 8 should have been "XDC Network acquired 50M from LDA Capital to foster its ecosystem."This post is based on this twitter thread.