Fed's Raphael Bostic sees the Fed's fight against inflation as "still in early days."
He also hinted at the Fed's "not so fast" process of lowering rates in 2023, which could be a reason for BTC to unsuccessfully break above 20,400 today.
In @COIN360com Daily Digest:
2/ A surge from the local low of 19,700 at the start of the day caused BTC short traders to lose 20M in liquidations.
After wavering in the 20,000 - 20,400 range, BTC tumbled to 19,900 before bouncing back to reclaim 20,000, posting a 0.7% decrease in the past 24h.
3/ ETH remained above 1,360 with a nearly 1% increase today. Any bounce from 1,327 can lead to a re-attempt and losing 1,327 could lead to a pullback down to 1,280.
Details in our heatmap:
5/ @Grayscale is launching Grayscale Digital Infrastructure Opportunities, a “private, co-investment opportunity in mining hardware that powers the bitcoin ecosystem.”
Cool Cats will expand its Web3 gaming offerings by tapping into Animoca’s deep gaming expertise.
Cool Cats NFT to Expand Web3 Gaming Offerings with Strategic Investment from Animoca Brands - Ethereum World News
8/ @CelsiusNetworks top three execs reportedly withdrew a total of 42M worth of cryptocurrency between May and June 2022.
Former CEO Alex Mashinsky, former CSO Daniel Leon, and CTO Nuke Goldstein allegedly removed the cash.
The Pressure On Do Kwon Intensifies As South Korean Authorities Move Forward With The Plan To Invalidate The Luna Founder's Passport
- Ethereum World News
10/ Yesterday the community noticed that @okx website was blocked by the Russian government. Today the reason is revealed.
The cryptocurrency exchange’s website was said to contain information about pyramid schemes, although no details were given.
11/ Crypto miner @Greenidge_GREE is looking to raise up to 22.8M. It has signed a sales agreement with investment bank B. Riley Securities for the Class A common stock offer.
13/ @MakerDAO has allocated 500M for investing in U.S. Treasuries and corporate bonds.
The funds will come from its overcollateralized stablecoin, with 80% going toward U.S. short-term Treasuries and 20% toward investment-grade corporate bonds.
14/ Other news:
EU issues bitcoin, crypto ban on Russia with new sanctions:
Apollo, Sixth Street no longer in talks to finance @Twitter deal:
Namibia’s central bank says Bitcoin can be accepted as payment:
15/ @Ripple Labs joins blockchain carbon credit partnership:
Calls mount for Louisiana state to buy Bitcoin following @BlackRock divestment:
@dapperlabs sets launch date for LaLiga Golazos NFT marketplace:
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17/ That's a wrap!
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Updated: South Korea court dismisses arrest warrant for Terraform Labs employee:
this twitter thread.