π The Komodo protocol launched AtomicDEX Web, a wallet, cross-chain bridge and decentralized exchange (DEX).
coindesk.com
coindesk.com
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π½πΏ Powell in 30 minutes.
π₯ Pump π Dump
π₯ Pump π Dump
π€ CryptoAttack π¬π§
π ApeCoin staking system will be launched on December 5th and staking rewards will start accumulating on December 12th. twitter.com
π HorizenLabs recently announced that the $APE staking pre-deposit will go live on December 5th and the market is reacting accordingly:
- Watch the network surge as the price continues to rise, indicating that the crowd is chasing the price to get the highest returns for bets.
- We are currently seeing an increase in active withdrawals as prices continue to rise.
- Whales continue to reduce volumes after the collapse of FTX, even with the advent of staking they are not interested. Retail continues to pile up until the launch date. Looks like distribution is going on.
- MVRV 30D APE shows that we are now in a danger zone where historically there was a decline in the price of APE shortly thereafter as a local high form.
- Watch the network surge as the price continues to rise, indicating that the crowd is chasing the price to get the highest returns for bets.
- We are currently seeing an increase in active withdrawals as prices continue to rise.
- Whales continue to reduce volumes after the collapse of FTX, even with the advent of staking they are not interested. Retail continues to pile up until the launch date. Looks like distribution is going on.
- MVRV 30D APE shows that we are now in a danger zone where historically there was a decline in the price of APE shortly thereafter as a local high form.
π€ CryptoAttack π¬π§
π½πΏ Powell in 30 minutes. π₯ Pump π Dump
YouTube
Federal Reserve Chair Jerome Powell: The economic outlook and the labor market
Federal Reserve Chair Jerome Powell will speak at the Hutchins Center on Fiscal and Monetary Policy on the outlook for the economy and the changing labor market. Following his remarks, Powell will be interviewed by David Wessel, director of the Hutchins Centerβ¦
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π½ It makes sense slow down rate increase
π€ CryptoAttack π¬π§
π½ It makes sense slow down rate increase
π½π£Highlights from the speech:
- Possible slowdown in rate hikes at the December meeting
- Rates end up maybe a little higher than expected in September
- Will likely need to hold restrictive dct for some time
- Inflation remains high
- Possible slowdown in rate hikes at the December meeting
- Rates end up maybe a little higher than expected in September
- Will likely need to hold restrictive dct for some time
- Inflation remains high
π€ CryptoAttack π¬π§
πΌ NFTs are officially available on Uniswap. uniswap.org
π¦πΌ The launch of Uniswap's NFT market aggregator resulted in a 19-month high of active UNI addresses and network growth.
π The Identity Management Institute (IMI) launched the Metaverse Security Center.
nftgators.com
nftgators.com
π SCB 10X opened a web3 collaboration space in Bangkok.
theblock.com
theblock.com
π
Digest and events for tomorrow:
LavaX Labs (LAVAX) - Token Burn
Theta Network (THETA) - Mainnet 4.0 Launch
Subme (SUB) - Token Burn
πΊπΈ US Senate to hold hearings on FTX
LavaX Labs (LAVAX) - Token Burn
Theta Network (THETA) - Mainnet 4.0 Launch
Subme (SUB) - Token Burn
πΊπΈ US Senate to hold hearings on FTX
π Influenced by the crypto winter, Kraken is laying off 30% of its global workforce. coindesk.com
π The Ethereum Ropsten testnet will be completely shut down this December. blog.ethereum.org
π Ton Foundation Creates $126 Million 'Rescue Fund' to Support Projects Affected by FTX Bankruptcy coindesk.com
π Zuckerberg: Metaverse is optimistic about the long-term prospects, but Meta needs to improve operational efficiency in the short term coindesk.com
π M11 loan: Auros faces short-term liquidity issues, fails to repay $3M DeFi loan on time twitter.com
π Broker-dealer INX Digital announces participation in trading on Voyager Digital Assets coindesk.com
π SBF: FTX's collapse was due to an accounting error, not fraud, and was not involved in Alameda's operations luck.com
π Italy plans to introduce a 26% digital asset gains tax in its 2023 budget proposal. bloomberg.com