Wall Street Weekly Digest 📯
📌 In the week BTC recovered by 8% against the background of news of mass purchases of ETFs by institutionalists.
The S&P 500 also continued to grow on good inflation data and reassuring statements by Jerome Powell.
Cryptocurrencies 👇🏻📌 937 institutional investors
invested in bitcoin-ETF $11.06 billion in the first quarter of 2024.
📌 Bloomberg: The odds of adopting a spot ETF on Ethereum in the US are virtually
zero.
📌 Tether
announced a partnership with Toncoin to develop a comprehensive solution for cryptocurrency payments.
📌 Wisconsin Investment Board
owns $99 million Bitcoin ETF.
📌 Millennium Management hedge fund invested 3% of funds or $1.94 billion in spot bitcoin ETFs.
📌 Listing took
place Notcoin, at the moment the token is in decline by 47% of the starting price of trading.
Crypto exchanges 👇🏻
📌 Binance introduced an anti-spam transaction fraud tool.
Financial news 👇🏻📌 US inflation declined by 0.1% to 3.4% in
April.
📌 China will
sell bonds for $138 billion to stimulate the economy and will buy
back $42 billion worth of unsold homes.
📌 Vanguard will become the new CEO of the top 2 investment company in the
world Samil Ramji, who launched a Bitcoin ETF at BlackRock.
📌 GameStop shares rose by 246% after the return to Twitter of user Roaring Kitty and then fell by 68%
📌 Warren Buffett secretly
bought $6.72 billion in Chubb insurance company for three quarters in a row.
Regulation 👇🏻📌 Venezuelan authorities
decided to ban cryptocurrency mining to protect the country's energy system.
📌 Tether CEO Paolo Ardoino
stated that the company cooperates with regulators and meets all requirements.
📌 Developer of Tornado Cash Alexei Percev
sentenced to 5 years for money laundering.
📌 The Chinese authorities
closed an illegal $1.9 billion exchange that was engaged in withdrawal of funds abroad using USDT.
📌 The U.S. Senate
voted to abolish the SEC rules on the accounting of crypto assets on the balance sheets of companies.
Technologies 👇🏻📌 OpenAI has
released a new GPT-4 AI model with improved work with text, video and audio.
📌 ChatGPT
learned how to work with charts and tables.
📌 Elona Musk's Neuralink Company is
looking for a second volunteer to implant a brain chip.
Hacks 👇🏻📌 Bloomberg:
Broken cryptocurrency hedge fund BlockTower Capital with $1.7 billion assets, amount of damage unknown.
📌 Cryptotrader
lost $1.26 million after switching through phishing link.
📌 DeFi Alex Labs hacked into bitcoin
network for $4.3 million.
📌 DeFi Sonne Finance
hacked for $20 million.
Global Market Data👇🏻