π Goldman Sachs found that interest in crypto among the super-rich has declined. 62% of family offices surveyed do not invest in or are interested in cryptocurrencies, up from 39% in 2021.
However, more family offices are currently investing in crypto (26%) compared to 16% in 2021.
theblock.com
However, more family offices are currently investing in crypto (26%) compared to 16% in 2021.
theblock.com
π #AI IBM announced the release of IBM watsonx, a new AI platform that will enable businesses to scale and accelerate the impact of AI.
π #ETH staking deposits have exceeded withdrawals for the first time since the Shapella update.
π #BTC The BTC/USD pair listed on Binance .US traded at a premium of almost $650 compared to its counterpart on Coinbase and BTC/USDT.
The premium on Binance .US is likely the result of market makers leaving the exchange pending regulatory action, analysts said.
The premium on Binance .US is likely the result of market makers leaving the exchange pending regulatory action, analysts said.
π Address marked Alameda Consolidation received ~57.7M #USDT and 337,859 #MASK (~$1.3M) from OKX in the last 2 hours.
X (formerly Twitter)
PeckShieldAlert (@PeckShieldAlert) on X
#PeckShieldAlert Alameda Consolidation-labeled address has received ~57.7M $USDT and 337,859 $MASK (~$1.3M) from #OKX within the last 2 hours
https://t.co/ABBR5VIbSp
https://t.co/ABBR5VIbSp
π£ Mike McGlone: ββThe Producer Price Index is falling at the fastest pace in its history since 1948 and #BTC can help set the prospects for further declines. When and where high-beta inflation bottoms out, parallels can be drawn with the lows of the financial crisis in 2009.
π§π· Payments giant Visa is exploring #CBDC options in Brazil, with Microsoft, Agrotoken and more.
blockworks.com
blockworks.com
Blockworks
βLearning by Doingβ is Critical to Digital Dollar Development, Visa Exec Says
Visa shows use case for 'digital dollar' and national CBDCs in programmable finance platform prototype for Brazilian farmers
π
ββοΈ Binance will remove 11 spot trading pairs on May 11th.
binance.com
binance.com
β Miner Cipher Mining purchased 11,000 A1346 mining machines from Canaan Technology. glonewswire.com
π #BTC Glassnode: Evaluating the change in #Bitcoin regional supply from the previous year, we can see a bifurcation forming between the supply carried out according to US and Asian trading hours.
An almost equal and opposite change in supply can be noted, suggesting that coins previously based in the US continue to flow to wallets located in Asia.
An almost equal and opposite change in supply can be noted, suggesting that coins previously based in the US continue to flow to wallets located in Asia.
π€ CryptoAttack π¬π§
π CoinShares report on financial flows in crypto for the last week: - Observed for the second week in a row outflow ΠΈΠ½Π²Π΅ΡΡΠΈΡΠΈΠΉ Π² ΡΠΈΡΡΠΎΠ²ΡΠ΅ Π°ΠΊΡΠΈΠ²Ρ Π½Π° ΠΎΠ±ΡΡΡ ΡΡΠΌΠΌΡ 72 ΠΌΠ»Π½ $ (#BTC - outflowΠΈ Π½Π° 46 ΠΌΠ»Π½ $, #ETH - 19 ΠΌΠ»Π½ $); - #SOL, #ALGO and #MATIC experienced minorβ¦
π Report CoinShares on financial flows in crypto for the last week:
Last week, digital asset investment products posted a $54 million outflow, the third week in a row.
#BTC - $32 million outflow. Largest weekly short outflow on record by $23 million.
Altcoin activity was unusually low, with $2.3 million of #ETH funds outflowing slightly.
#SOL - $3.4 million inflow, second largest in 12 months.
Last week, digital asset investment products posted a $54 million outflow, the third week in a row.
#BTC - $32 million outflow. Largest weekly short outflow on record by $23 million.
Altcoin activity was unusually low, with $2.3 million of #ETH funds outflowing slightly.
#SOL - $3.4 million inflow, second largest in 12 months.
ππ° Galaxy Digital's first-quarter profit was $134 million, compared to a loss of $111.7 million in the same quarter a year ago and $288 million in the fourth quarter of 2022.
coindesk.com
coindesk.com
π€ CryptoAttack π¬π§
π Gemini: Genesis, DCG, committee of creditors, etc. have agreed to the mediation process
ππ£ Statement DCG on Genesis Mediation:
- DCG continues to engage with various stakeholders in the restructuring of Genesis Capital.
- DCG is in talks with capital providers to raise growth capital and refinance its outstanding domestic liabilities with Genesis.
We are committed to a fair outcome for all and look forward to a productive resolution during this mediation period.
- DCG continues to engage with various stakeholders in the restructuring of Genesis Capital.
- DCG is in talks with capital providers to raise growth capital and refinance its outstanding domestic liabilities with Genesis.
We are committed to a fair outcome for all and look forward to a productive resolution during this mediation period.
π©πͺ German Unstoppable Finance will launch Europe's first "DeFi-Native Bank" and euro-pegged stablecoin.
decrypt.com
decrypt.com