๐ค CryptoAttack ๐ฌ๐ง
๐บ๐ธ๐ฟ #AI The US Department of Justice has sent subpoenas to Nvidia and other companies as part of an investigation into violations of antitrust laws. This step caused a sharp the fall Nasdaq market and cryptocurrencies. bloomberg
๐ Santiment: The S&P 500 had its third worst day of 2024. However, #BTC did not experience such a significant drop as on August 4:
August 4: S&P 500 -3.00%, BTC -7.16%
September 3: S&P 500 -2.16%, BTC -1.82%
This is a promising sign that the cryptocurrency is gradually becoming less sensitive to stock movements.
August 4: S&P 500 -3.00%, BTC -7.16%
September 3: S&P 500 -2.16%, BTC -1.82%
This is a promising sign that the cryptocurrency is gradually becoming less sensitive to stock movements.
๐ #NFT NFT Evening published a new report on the NFT market. 96% of NFTs are considered dead. About 43% of NFT holders are currently experiencing losses, with the average loss being 44.5%. The average lifespan of an NFT is only 1.14 years. Nearly a third of NFTs have died this year.
https://t.iss.one/cryptoarsenal/28843
https://t.iss.one/cryptoarsenal/28843
๐ฅณ The former CEO of Mt.Gox said that his new cryptocurrency exchange will launch this month. #mtgox theblock.com
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๐ค #AI OpenAI will launch a plan called "GPT Next" in 2024, which is expected to achieve a hundredfold improvement in AI performance.
๐ #BTC Arthur Hayes in the new article stated that BTC will continue to slowly fall to $50,000, and altcoins will fall lower. Expects growth to begin in late September. He is in a long position without using borrowed funds. Stated that the only addition to the portfolio is increasing position size in reliable altcoins.
https://t.iss.one/cryptoarsenal/28844
https://t.iss.one/cryptoarsenal/28844
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๐โโ๏ธ Arthur Hayes: Boom Times... Delayed
https://cryptohayes.substack.com/p/boom-times-delayed
#research
https://cryptohayes.substack.com/p/boom-times-delayed
#research
๐ค CryptoAttack ๐ฌ๐ง
๐ฅ #XRP Ripple introduced the stablecoin Ripple USD (RLUSD).
๐ฅณ #XRP #RLUSD Ripple CEO said the new stablecoin is โvery closeโ to launch and ruled out the possibility of an IPO in the US. theblock.com
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๐ฏ๐ต Japanese regulator calls for lower taxes on cryptocurrencies in 2025. cointelegraph.com
๐ฅถ๐ #MKR #DAI Co-founder of the DeFi Sky protocol, said that if the new #USDS stablecoin includes a freezing function, the process of freezing it can be controlled by a decentralized court. cointelegraph
๐ฃ Andrey Grachev: Despite market uncertainty, DWF Labs is partnering with Klumi Ventures and DMCC Crypto to reach as many quality startups as possible and deploy funds while others are scared.
๐ช๐บ #EU macro (Aug):
- Composite PMI: 51.0 (prog: 51.2; pre 50.2)
- Services PMI: 52.9 (prog: 53.3; pre 51.9)
- Composite PMI: 51.0 (prog: 51.2; pre 50.2)
- Services PMI: 52.9 (prog: 53.3; pre 51.9)
๐ช๐บ #EU macro. Prominent Inflation (PPI) (July):
- m/m: 0.8% (prog 0.3%; pred 0.5%)
- y/y: -2.1% (prog -2.5%; prev -3.2%)
- m/m: 0.8% (prog 0.3%; pred 0.5%)
- y/y: -2.1% (prog -2.5%; prev -3.2%)