CryptoNews in @COIN360com Daily Digest:
2/ Investors got some time to breathe as the CPI data at 7.7% YoY, its 9-month low, raising hope for a more dovish Fed & the end of the post-pandemic price surge.
BTC added 1,000 to its value within 30 minutes after the news, sending the coin to over 17,600 (+3.37% in 24h).
3/ Major altcoins are enjoying the rally. ETH surpassed 1,300 with a ~12% spike.
MATIC is now in the top 10 with the recent rally sending its price to 1.1.
Details in our heatmap:
4/ Nearly half of the top NFT collections recorded a slump in their volume today.
AsyncBlueprints (+11,054%), merge. (+3,008%), and @SteadyStackNFT (+3,370%) topped the list of best performers by volume.
5/ @FTX_Official finally reopened withdrawals, as per analysts who checked on-chain data.
The CEX was reported to conduct a fundraise next week:
Right before it allegedly used customers' funds to save Alameda from a crash:
Binance published a new page to show on-chain activity for its hot and cold wallet addresses:
The blockchain will also be indexed and made available on Google Cloud's BigQuery service.
This came after USDT regained its peg amid big market volatility, which saw @trondaoreserve purchase 1B worth of USDT to save the market.
But USDD lost its peg and isn't showing signs of a recovery:
Hodlnaut's managers reported that its employees withdrew a total of 550,000 between the beginning of July and when withdrawals were halted.
11/ @CelsiusNetwork is seeking to extend the Exclusivity Period in its case. If granted, the motion will permit more time to the fallen crypto lender to work on its restructuring plan.
12/ @coinsharesco said it had about 30.3M (11% of its total net asset value) in cryptocurrencies and other assets stuck on FTX.
Apart from 25.9M in US dollars and USDC, the pending withdrawals also include 190 BTC & 1,000 ETH.
Europe's biggest digital asset investment firm reveals 30.3 million exposure to FTX, about 11% of total assets
14/ @opensea announced that it will continue to enforce creator royalty fees going forward following significant pushback from the community.
15/ Other news:
El Salvador President @nayibbukele dismisses rumors country holds Bitcoin on FTX:
@Cryptocom commits to proof-of-reserves after halting certain deposits and withdrawals:
17/ Liking our daily digests? Join us on Twitter & Telegram!
We also provide you with a collection of insights from thought leaders in the Telegram channel every day 😉
Telegram: Contact @COIN360Channelablockquotep 18/ That's a wrap!
If you enjoyed this thread:
1. Follow us @COIN360com for more of these 2. RT the tweet below to share this thread with your audienceThis post is based on this twitter thread.