CryptoCoin Post

✅ Right now Jerome Powell is rocking the markets at his press conference.

Main point: the Fed has probably peaked on the rate, but will only cut it after beating inflation 😇

Wednesday's news:

🔸 Fed left rate unchanged at 5.25-5.5%

🔸 Delaware court overturns $55 billion payout to Ilon Musk for running Tesla 🕑 🕑

🔸 GameFi project MetaTrace has revealed the mechanics of NFT towns where owners receive a 1% tax on players' earnings within a geolocation

🔸 Bankrupt exchange FTX plans to return funds to all customers, but there will be no relaunch

🔸 Shares of US bank New York Community Bancorp plummet 35% after poor quarterly report

🔸 Ripple co-founder Chris Larsen's wallets hacked for 213 million XRP ($112.5 million)

🔸 PayPal to lay off 9% of employees to optimize costs

🔸 Study: Hackers stole $126 million worth of cryptocurrencies in January

🔸 Hong Kong authorities investigate Worldcoin crypto project 👀

🔸 Jack Dorsey's Block company will lay off 1,000 employees

🔸 UK authorities confiscate 61,000 BTC

🔷 Rates:

🌐 Bitcoin - $43,296 (↓0.49%)
📉 S&P 500 - $4,859 (↓1.33%)
🌕 Gold - $2,032 (↓0.22%)
⚫️ Oil Brent - $80.40 (↓2.37%)

✅ The trading volume of spot BTC ETFs has surpassed $11 billion, except bitcoin itself isn't growing.

What if the Wall Street guys are shorting 🔪

Thursday's news:

🔸 BlackRock already owns 25,067 BTC to back its ETF

🔸 Donald Trump has promised to prevent CBDC from launching in the US if he wins the presidential election 🗽

🔸 The SPONGE meme token rose 106% in a month ahead of the launch of an updated version of the token - SPONGE V2

🔸 Hackers hacked the Twitter accounts of crypto projects Rocket Pool, VeChain and Arkham Chapter

🔸 Samsung launches AI smartphone with Google's Gemini technology

🔸 Trader made $1 million in 7 days by buying $300 worth of TROLL meme token

🔸 Media: Chinese scientists create mutated coronavirus with 100% lethality 🦠

🔸 Tether bought another 8,888 BTC and now holds 66,465 BTC on its balance sheet

🔸 Bitcoin mining uses 54.5% green energy

🔷 Rates:

🌐 Bitcoin - $40,997 (↓3.76%)
📉 S&P 500 - $4,772 (↑0.70%)
🌕 Gold - $2,020 (↑0.69%)
⚫️ Oil Brent - $79.02 (↑1.29%)

✅ The market was parroted by big BTC transfers to Coinbase, probably ETF issuers' shenanigans 🥇

But it didn't affect the price much, also holding around $43k.

Tuesday's news:

🔸 Stablecoin TUSD with a capitalization of $1.9 billion has decoupled from the dollar

🔸 Ilon Musk has issued an ultimatum to Tesla, he is demanding an increase in his shareholding from 13% to 25% 🕑 🕑

🔸 Unknown person paid 4 BTC commission for sending 2.9 BTC

🔸 China's central bank left the medium-term rate unchanged

🔸 Solana team to release second crypto smartphone that will be cheaper than Saga

🔸 Oil company Shell has stopped all shipments through the Red Sea

🔸 Polygon cryptocurrency team suspected of embezzling 400 million MATIC ($340 million) that was supposed to go to a pool for steaking 😡

🔷 Courses:

🌐 Bitcoin - $43,099 (↑0.50%)
📉 S&P 500 - $4,758 (↓0.53%)
🌕 Gold - $2,028 (↓1.27%)
⚫️ Oil Brent - $78.14 (↓0.14%)

✅ Bitcoin reached $49,000 at the start of bitcoin-ETF trading and then fell 13%.

According to one version, the fall of BTC is due to the mass exodus of investors from Grayscale Bitcoin Trust 🙁

Weekly Digest:

💎 Cryptocurrencies

🔸 SEC approves 11 spot bitcoin ETFs

🔸 In the first 2 days, the trading volume of spot BTC ETFs in the U.S. totaled $7.7 billion

🔸 BlackRock now owns 11,439 BTC

🔸 Venezuela shuts down its own oil cryptocurrency Petro: project was a failure 💀

🔸 Katie Wood says she has invested 25% of her fortune in bitcoin

🔸 USDC issuer Circle has filed for an IPO

🔸 Near Foundation to lay off 40% of employees

🏦 Crypto exchanges

🔸 Binance updated reserve data: all assets are secured and even grew

🔸 Open interest in BTC futures on the regulated CME exchange reached a record $6.2 billion

🔸 Crypto exchanges Binance, Kraken, MEXC, KuCoin, Huobi, Gate io, Bittrex and Bitfinex apps have been removed from the Indian App Store

🔸 FTX creditors are suing the exchange and demanding their funds be returned in cryptocurrency, not dollars at 2022 prices

Financial News

🔸 US authorities have begun preparing for a shutdown amid fresh controversy in Congress 🚫

🔸 China's exports showed a decline for the first time since 2016

🔸 US inflation rose to 3.4% in December from a forecast of 3.2%

🔸 Saudi Arabia decided to sell oil to the Asian market at a discounted price

🔸 Microsoft has become the world's most valuable company, overtaking Apple

⚙️ Technology

🔸 OpenAI launched artificial intelligence GPT Store

🔸 OpenAI has authorized the use of its developments for military purposes

🔷 Courses:

🌐 Bitcoin - $42,594 (↓0.37%)
📉 S&P 500 - $4,783 (↑0.08%)
🌕 Gold - $2,049 (↑0.99%)
⚫️ Oil Brent - $78.35 (↑0.18%)

✅ It's Christmas and no trading in the States, and BTC has decided to play stablecoin again 🎄

Monday's news:

🔸 Reuters: the SEC has given investment firms until Dec. 29 for a final update on spot bitcoin-ETF filings

🔸 The Central Bank of Nigeria has lifted the ban on cryptocurrency transactions

🔸 Study: Hackers have stolen $1 billion worth of cryptocurrencies via phishing since 2021

🔸 BTC miners' revenue from commissions increased by 400% during 2023

🔸 Japanese authorities canceled tax for companies on unrealized profits from cryptocurrencies

🔸 Crypto exchange MEXC refutes rumors of wallet blocking and withdrawal problems 🤚

🔸 The number of active users in Solana network reached a new record - 15.6 million, current rate $122

🔸 DEX KyberSwap laid off 50% of employees after hack

🔷 Courses:

🌐 Bitcoin - $43,476 (↑0.34%)
📉 S&P 500 - $4,754 (↓0.53%)
🌕 Gold - $2,053 (↑0.36%)
⚫️ Oil Brent - $78.87 (↓0.60%)

✅ BTC again hit its 2023 high and at one point the price even exceeded $42k.

But many market participants are still waiting for a correction, and this could be the reason why there is no way it will come 🧪

Monday's news:

🔸 Franklin Templeton investment firm head Jenny Johnson spoke about personal investments in BTC and ETH

🔸 Study: Coinbase and Bybit gained market share more than other CEX exchanges, after US authorities hit Binance 🔼

🔸 Inflation in Turkey has reached 62%, Central Bank rate of 40% has not yet affected price growth

🔸 Circle introduced a solution to cancel transactions on blockchain. Thus, the USDC issuer wants to finally turn cryptocurrencies into fiat currencies

🔸 Chinese bankrupt real estate developer got a reprieve in liquidation: the arbitration court postponed the hearing of the case to January 29

🔸 Recorded Future analysts found that North Korean hackers have stolen $3 billion worth of cryptocurrencies since 2017

🔸 U.S. Space Force Major Jason Lowry called the Pentagon's attention to the data protection capabilities of the bitcoin blockchain 🌐

🔸 Spotify will conduct a third round of layoffs this year and kick another 1,500 employees out on the street

🔷 Courses:

🌐 Bitcoin - $41,537 (↑5.02%)
📉 S&P 500 - $4,567 (↓0.60%)
🌕 Gold - $2,024 (↓2.29%)
⚫️ Oil Brent - $78.51 (↓0.76%)

✅ The SEC has started collecting comments on the launch of a spot bitcoin-ETF.


This procedure was again promoted as a guarantee of a future favorable decision, but the pamp got so-so 📉


Wednesday's news:


🔸 Philippine authorities said Binance is operating in the country without a license


🔸 US GDP for Q3 was revised upward from 4.9% to 5.2%


🔸 Investor legend Charles Munger has died at the age of 99 🕯


🔸 Binance will discontinue the BUSD stablecoin on December 15


🔸 Amazon unveiled its own AI-powered chatbot Q


🔸 Cristiano Ronaldo is being sued for advertising Binance


🔸 Velodrome and Aerodrome protocols compromised on Optimism and Base networks


🔸 Study: 75.5% of GameFi projects closed in the last 5 years 💀


🔸 Bloomberg: Digital Currency Group has reached a new agreement with creditors to repay $620 million in debts owed by bankrupt Genesis


🔹 Courses:


🌐 Bitcoin - $37,871 (↓0.49%)
📉 S&P 500 - $4,565 (↑0.24%)
🌕 Gold - $2,047 (↑0.33%)
⚫️ Oil Brent - $82.75 (↑1.65%)

✅ Bitcoin hit a 2023 high, getting to $38,400. But then the price came back below $38k 😕

Friday's news:

🔸 Argentina's new president Javier Milay confirmed his plans to close the central bank

🔸 Changpeng Zhao's lawyers filed a motion asking that he not be barred from leaving the U.S. pending trial

🔸 Reuters: Nvidia delayed the start of production of a new AI chip that could be exported to China

🔸 ECB chief Christine Lagarde's son has drained almost all of his savings on cryptocurrency investments

🔸 The team behind custodial Lightning wallet Wallet of Satoshi will close access to the app to US customers

🔸 WSJ: In prison, Curly Sam teaches guards about crypto investing and got a haircut for 4 cans of mackerel 🐟

🔸 Montenegrin authorities have approved Do Kwon's extradition to the US or South Korea

🌐 Bitcoin - $37,718 (↑1.17%)
📉 S&P 500 - $4,559 (↑0.06%)
🌕 Gold - $2,002 (↑0.48%)
⚫️ Oil Brent - $80.10 (↓1.17%)

✅ Bitcoin is back at $36k because they didn't wait for ETFs again 🙃

Thursday's news:

🔸 BlackRock's bid for a spot Ethereum ETF appears on the SEC website

🔸 IMF sees CBDC as a means to replace cash

🔸 Startup Nocturne Labs unveiled a network for creating private accounts in the Ethereum ecosystem 🥷

🔸 South Korea's pension fund has bought $20 million worth of Coinbase shares

🔸 Paxos re-launches USD-linked stablecoin, but in Singapore

🔸 JPMorgan tested tokenized investment portfolio management on the Avalanche network

🔸 DEX PancakeSwap unveiled an NFT-enabled Web3 gaming platform 🎮

🔸 Bloomberg: Tether to invest $500 million in BTC mining

🔹 Rates:

🌐 Bitcoin - $35,985 (↓4.36%)
📉 S&P 500 - 4,501 (↓0.04%)
🌕 Gold - $1,983 (↑1.23%)
⚫️ Oil Brent - $77.43 (↓4.41%)

✅ Today is ATH bitcoin's ATH day of $69,000, which was set on November 10, 2021.

And a year later on the same day the FTX scam started 👀

Friday's news:

🔸 BlackRock's bid to launch a spot Ethereum ETF has been confirmed

🔸 Ex-director of Binance CIS Vladimir Smerkis became the first client of the new Trace Ads platform from GameFi project MetaTrace

🔸 CME has surpassed Binance in terms of open interest in BTC futures

🔸 Poloniex crypto exchange hacked, damage could exceed $100 million Justin Sun promised to compensate everything

🔸 Toncoin team announced the start of cryptocurrency wallet integration into Telegram

🔸 MicroStrategy's bitcoins are on track for $1 billion in profits 🤑

🔸 China will criminalize the theft of NFTs

🔹 Courses:

🌐 Bitcoin - $37,376 (↑2.96%)
📉 S&P 500 - $4,406 (↑1.37%)
🌕 Gold - $1,936 (↓1.11%)
⚫️ Oil Brent - $81.87 (↑2.53%)

✅ BTC claims third consecutive green week, struggling to close above $35k.

S&P 500 adds 5% on faith in end of Fed rate hike cycle 🤑

Weekly Digest:

💎 Cryptocurrencies

🔸 Tether reported 100% collateralization of USDT, of those funds $72.6 billion are in US bonds

🔸 TON blockchain set a new world record for the number of transactions processed 🏆

🔸 Investment firm VanEck has also renewed its bid for a spot bitcoin-ETF

🔸 MicroStrategy bought another 155 BTC and now owns 158,400 BTC

🔸 The Central Bank of Georgia has chosen Ripple as a partner to develop a national digital currency

🏦 Crypto exchanges

🔸 Curly Sam found guilty on all charges and could go to jail for 115 years

🔸 Regulated exchange CME has become the top 2 marketplace for open interest in BTC futures

🔸 Media: Binance will stop supporting the ruble due to the end of its partnership with Advcash

🔸 Coinbase opens crypto futures trading to US residents

Financial news

🔸 Fed expectedly left rate unchanged at 5.25-5.5%

🔸 China's producer activity index showed an unexpected decline in October

🔸 WeWork shares fall $50% in 1 day on bankruptcy rumors

🔸 Japan allocates $110 billion to stimulate economy and fight inflation

🔸 SPB Exchange hit by US sanctions, shares plummet 10%

⚖️ Regulation

🔸 SEC sues PayPal for issuing PYUSD stablecoin 🚨

🔸 Since the beginning of the year, CFTC has paid whistleblowers $15 million for information about crypto projects

🔸 Pearl cryptocurrency founder gets 4 years in prison for unpaid taxes

🔸 New York prosecutor's office charged the founders of DeFi SafeMoon with scamming

🚨 Hacks

🔸 80 cryptocurrency wallets lost $4.4 million due to LastPass password manager data breach

🔸 Crypto projects lost $51.6 million in scams and hacks in October

🔸 An unidentified person made $1 million in cryptocurrency arbitrage during the sudden activation of the Multichain protocol, which has been dormant since the summer

🔷 Courses:

🌐 Bitcoin - $35,106 (↑0.93%)
📉 S&P 500 - $4,358 (↑0.94%)
🌕 Gold - $1,992 (↑0.34%)
⚫️ Oil Brent - $85.12 (↓2.07%)