๐ฆ๐ฅณ #COIN JPMorgan raised the price of Coinbase shares from $95 to $150, maintaining a neutral rating.
๐ค #INJ #ALT Injective cooperates with AltLayer to create an updated security framework for inEVM network applications.
๐ค CryptoAttack ๐ฌ๐ง
๐ฅณ๐ #CAKE PancakeSwap v4 will be released later this year. The new version will be available on the Ethereum and BNB Chain in Q3 and will offer improved prices for listed assets, reduced gas consumption and lower deployment costs.
๐งโ๐ป๐ฐ #CAKE PancakeSwap announced the launch of a $500 million developer incentive fund ahead of the launch of V4.
๐บ๐ธ #macro Industrial production (Feb; m/m): +0.1 (prev: -0.1%).
๐ค CryptoAttack ๐ฌ๐ง
๐ฆ๐ฃ #BTC JPMorgan analysts: Bitcoin has already outperformed gold in investors' portfolios on a volatility-adjusted basis. However, analysts said it would be unrealistic to expect BTC to match gold in investors' portfolios in notional quantities.
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๐ฆ #BTC JPMorgan: Bitcoin is currently the preferred choice of investors as it has overtaken gold in the allocation of investors' portfolios.
๐ #BTC has overtaken Taylor Swift and Beyoncรฉ in Google search results in the US over the past 30 days.
๐บ๐ธ #macro USA (March) (prev):
- Michigan Consumer Sentiment: 76, (prev: 76.9)
- Consumer inflation expectations:
- 1-year consumer inflation expectations (March-Prev): +3% (prev: +3%)
- 5-year consumer inflation expectations (March-Prev): +2.9% (prev: 2.9%)
- Michigan Consumer Sentiment: 76, (prev: 76.9)
- Consumer inflation expectations:
- 1-year consumer inflation expectations (March-Prev): +3% (prev: +3%)
- 5-year consumer inflation expectations (March-Prev): +2.9% (prev: 2.9%)
๐ The cost of borrowing #BTC on Binance and Bybit has reached its highest level since 2021.
๐ฟ๐ #BNB Binance tightens token listing process. Crypto projects seeking to list tokens on Binance must now agree to a significantly longer so-called โcliff periodโ during which coins cannot be sold, allocate more coins to market makers, and post collateral.
One major market maker complained to Binance about the changes.
bloomberg
One major market maker complained to Binance about the changes.
bloomberg
๐ glassnode: A transition is taking place #BTC from mature investors to new demand, with the share of BTC owned by โyoung coinsโ (moved in the last 3 months) increasing by 138% since October 2023.
๐ณ #ETH The giant whale contributed 10,000 ETH to Binance in the last 18 hours and will make a profit of ~$10.6 million if it sells it.
๐ฆ๐ช Dubai International Financial Center (DIFC), a tax-free special economic zone in the UAE, announced on the entry into force of the new Law on Digital Assets.
๐ค CryptoAttack ๐ฌ๐ง
๐ #CEL Celsius distributed $2 billion worth of cryptocurrency to lenders, including more than 20,000 #BTC and 301,000 #ETH. the block
๐ #CEL A group of Celsius creditors facing claims for > $3 billion complains about allegedly 30% or more reduction in payments compared to what they were promised under the original bankruptcy plan.
Some Celsius account holders claim they are being forced to accept US dollars instead of cryptocurrency, resulting in far smaller payments than they were originally promised. cointelegraph
Some Celsius account holders claim they are being forced to accept US dollars instead of cryptocurrency, resulting in far smaller payments than they were originally promised. cointelegraph