CryptoCoin Post

2023-05-08 19:57:22 Breaking: Binance Announces SUI, FLOKI, PEPE Trading At Zero Fees

https://bit.ly/3B1SrRx Open / Comment

2023-05-07 09:11:12 Main:

The Fed raised the rate by 25 bps to 5.25%. How this helps the U.S. economy in the video above.

JPMorgan bought First Republic Bank along with all the problems, but the rest of the US regional banks still got hit with a hard sell-off in stock. Should we merge them all into JPMorgan at once?

The U.S. Treasury warned of default after June 1 if the national debt ceiling is not raised. Recall that last week the probability of a real default rose from 0% to 2%.

Brent crude has been falling below $72 this week due to fears of a global recession. China, of course, is trying to ramp up its economy, but the U.S. is the world's main buyer and they are reducing demand.

Summary:

After Friday's positive in the markets, investor sentiment has begun to shift toward a continued Fed rate hike (8%). BTC is trading without a weekend, so it is reacting faster.

Quotes:

S&P 500 - 4,136 (↓0.93%)
gold - $2,016 (↑1.37%)
Oil Brent - $75.26 (↓6.15%)
USD INDEX - $101.28 (↓0.39% Open / Comment

2023-05-05 09:39:39 After the U.S. stock market closes, Apple's quarterly report will be released, such a giant could make adjustments.

The bankruptcy continues: PacWest (↓42%) confirmed strategic talks about the future, Western Alliance (↓33%) refutes rumors of a sale

Thursday's news:

ECB raises rate by 25 bps to 3.75%

Coinbase closes BTC secured lending service

WallStreetBets community organizers dumped their own WSB Coin token by 90%

From 2021 to 2023, Kazakhstan's share of global BTC mining dropped from 18% to 4%

FTX wants to sue $4 billion from bankrupt Genesis

Reuters: Former top OpenSea executive found guilty of insider trading NFT

After 9 years of hibernation, a wallet with a balance of 1,556,994 DOGE wakes up

Rates:

Bitcoin - $28,782 (↑0.93%)
S&P 500 - 4,058 (↓0.78%)
Gold - $2,049 (↑0.52%)
Oil Brent - $72.35 (↑0.65%) Open / Comment

2023-04-30 17:24:09 Main:

First Republic Bank reported $100 billion in deposit outflows and shares fell 75% in a week. The media is talking about an imminent bankruptcy filing. Who's next?

Biden almost epically announced his run for President of the United States 2024. Trump is already trolling him and trying not to bring up his own sex scandals.

U.S. GDP fell to 1.1% in the first quarter, against a forecast of 2%. The next stop is a recession.

Republicans in the House of Representatives passed their bill to raise the national debt limit, which certainly won't satisfy Democrats. The battle over the U.S. national debt has begun.

Summary:

The U.S. is getting closer to recession, and the Fed will raise rates again on May 3. Markets are waiting for a rise after the Fed's monetary policy reversal, but will they have enough patience...?

Quotes:

S&P 500 - 4,169 (↑0.91%)
gold - $1,989 (↑1.36%)
Oil Brent - $80.25 (↓1.93%)
USD INDEX - $101.67 (↓0.06%) Open / Comment

2023-04-28 18:27:11 Binance's bitcoin balance has added 50k BTC in the last 30 days, including 22k BTC in the last 7 days. Bears believe these are coins to sell from the $30k resistance level

Coinbase has responded to a notice of lawbreaking from the SEC. Their understanding is that the exchange is already regulated and is not violating anything under current law. And they have also been asking the SEC for a long time to adopt normal regulation of the crypto industry

A new record of ERC-20 token creation per day has been set: an average of 1,355 new tokens were launched from April 17 to April 27. This is attributed to the hype around meme-coins, because they are more exciting than going to the casino

And GameFi is no longer trending, with Axie Infinity's daily user count dropping to 9,000 to and STEPN's to 4,000. Play-to-Earn for pennies is questionable

Mt Gox has 137,890 BTC on its balance sheet and US authorities have 205,514 BTC

Top 3 in 24 hours:
Render Token - $2.50 (↑11.43%)
Internet Computer - $5.96 (↑10.48%)
Immutable - $1.07 (↑9.80%) Open / Comment

2023-04-28 16:46:15 Ethos Reserve and Optimism Foundation Partner to Incentivize DeFi Adoption on Layer 2 Network
https://theblockopedia.com/ethos-reserve-and-optimism-foundation-partner-to-incentivize-defi-adoption-on-layer-2-network/?utm_source=telegram&utm_medium=CryptoCoinPost Open / Comment

2023-04-27 21:39:33 BTC is back above $29k, S&P 500 is recovering from its recent sell-off, adding 1.8%.

Meanwhile, banks are scaring investors with predictions: JPMorgan expects the S&P 500 to fall to 3,500 this summer

Thursday News:

U.S. GDP fell to 1.1% in the first quarter, with a 2% forecast

Bloomberg: Binance head Changpeng Zhao owns $28 billion in capital, CZ himself denies everything

Meta shares soared 15% after a successful quarterly report with a good outlook for the next 3 months

Cryptocurrency exchange Kraken sued the U.S. IRS to overturn the IRS requirement to provide data on users

Unknown hacker figured out 986 BTC wallets that belong to FSB and other Russian intelligence agencies

Google Cloud partnered with Polygon blockchain

Warning: unknown person created 114 skam mem-tokens in just 1.5 months

Courses:

Bitcoin - $29,625 (↓0.54%)
S&P 500 - 4,130 (↑1.85%)
Gold - $1,988 (↑0.03%)
Oil Brent - $78.46 (↑1.03%) Open / Comment

2023-04-25 10:00:30 Bitcoin expectedly went down to $27k, but so far this level is being bought back.

Institutionalists withdrew $30.4 million from crypto funds last week Fixes

Monday's news:

Cryptocurrency exchange Bybit introduces mandatory verification starting May 8

Binance launched liquid Ethereum stacking with new token WBETH

All civil servants in China's Changshu County will be paid in digital yuan

Unidentified people hacked Twitter of crypto exchange KuCoin and posted phishing links for 45 minutes

Binance launched its own chatbot with AI Sensei on the Binance Academy educational platform

Major U.S. retailer Bed, Bath & Beyond filed for bankruptcy

Wake up: the ETH kit, which has been holding tokens since the ICO, got active today

Media: Romania to launch national NFT marketplace

Courses:

Bitcoin - $27,365 (↓0.44%)
S&P 500 - 4,129 (↓0.09%)
Gold - $1,989 (↑0.33%)
Oil Brent - $82.64 (↑1.06%) Open / Comment

2023-04-25 09:58:19 Breaking: Amazon NFT Marketplace Launch Delayed

https://bit.ly/41VckFb Open / Comment

2023-04-22 16:15:52 Bitcoin remains below $28k

Ethereum is cheaper than $1,900, but it has become a deflationary asset and reduced its issuance by 100k ETH since The Merge update.

Friday's news:

Binance accused the former head of FTX of spreading false information about Changpeng Zhao. And Curly Sam seems to know something.

The CHEEL token of GameFi-platform Cheelee will be listed on the crypto exchange LBank on April 24

The cost of US default insurance is at its highest level since 2011

Another BTC kit that has been dormant for over 10 years has awakened

U.S. Metropolitan Commercial Bank is almost done with its exit from the crypto industry

BlackRock CEO Larry Fink sold 7% of his stake in the company for $25 million

Aptos cryptocurrency developers have launched a steking delegation mechanism

International accounting firm Deloitte will cut 1,200 people in the U.S.

Courses:

Bitcoin - $27,929 (↓2.06%)
S&P 500 - 4,135 (↑0.13%)
Gold - $1,991 (↓1.35%)
Oil Brent - $81.55 (↑0.96%) Open / Comment