๐ฎ๐ท๐น The Central Bank of Iran is blocking payment gateways of crypto exchanges. nobsbitcoin.com
โก๏ธ๐บ๐ธ #macro USA:
โ Consumer inflation (CPI; Dec):
- m/m: 0.4% (prog: 0.3%; prev: 0.3%)
- y/y: 2.9% (prog: 2.9%; prev: 2.7%)
โ Baseline (CPI) (YoY): 3.2% (Prog: 3.3%; Prev: 3.3%).
โ Consumer inflation (CPI; Dec):
- m/m: 0.4% (prog: 0.3%; prev: 0.3%)
- y/y: 2.9% (prog: 2.9%; prev: 2.7%)
โ Baseline (CPI) (YoY): 3.2% (Prog: 3.3%; Prev: 3.3%).
๐ค CryptoAttack ๐ฌ๐ง
โก๏ธ๐บ๐ธ #macro USA: โ Consumer inflation (CPI; Dec): - m/m: 0.4% (prog: 0.3%; prev: 0.3%) - y/y: 2.9% (prog: 2.9%; prev: 2.7%) โ Baseline (CPI) (YoY): 3.2% (Prog: 3.3%; Prev: 3.3%).
๐บ๐ธ๐ #macro Traders now expect the Fed to cut interest rates by the end of July, after previously expecting that to happen in September.
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๐๐ Market in the moment
๐ฐ Reown, formerly known as WalletConnect, raised $13 million from Shopify and Kraken. fortune
๐ฝ FOX Reporter: U.S. Senator Tim Scott has announced a list of priorities for the 119th Congress that emphasize developing the regulatory framework for digital assets, providing a customized approach for trading and custody of digital assets, and creating an open environment for innovative fintech and digital asset products such as stablecoins
๐ฐ 1Money raises $20 million in seed funding to create Layer 1 for stablecoin payments. the block
๐บ๐ธ๐ฟ The US government said that #BTC seized after the Bitfinex hack should be returned to BTC
๐ต๏ธโโ๏ธ Keith transferred 30 million #GMT (~$4.1 million) to Binance
๐บ๐ธ๐ฟReuters: Trump may freeze current cryptocurrency policy and some cryptocurrency-related lawsuits
๐ซ๐ท๐ฟ The mayor of Cannes is targeting the 2027 French presidential election and calling on the city to accept cryptocurrency for payments. twitter
๐บ๐ธ๐ Eric Trump stated that he has four cryptocurrencies in his portfolio, including BTC, ETH, SOL and #SUI. coinedition
Coin Edition
SUI Gains Momentum as Eric Trump Names It in His Portfolio
Eric Trump has revealed he holds SUI alongside other cryptos, including Bitcoin, Ethereum, and Solana in his crypto portfolio.
๐ฅณ #ASTR Vitalik praises the Sony blockchain: The situation with Soneium is a good live demonstration that the launch of Ethereum L2 is beneficial for both businesses and users.
๐ค CryptoAttack ๐ฌ๐ง
๐บ๐ธ๐ฟ The US government said that #BTC seized after the Bitfinex hack should be returned to BTC
๐บ๐ธ๐จโโ A US federal court has ruled that 94,643 stolen #BTC will be returned to Bitfinex through voluntary restitution as part of a plea agreement related to the 2016 Bitfinex hack, worth more than $9 billion.
๐ค CryptoAttack ๐ฌ๐ง
๐ glassnode: Even with prices roughly 12% below ATH, long-term #BTC (LTH) holders are still distributing, but at a slower pace. However, the 30-day percentage change in LTH supply suggests that the distribution rate has likely peaked, reaching the extremesโฆ
๐๐ Glassnode report: #BTC price is still trading above several key support levels, suggesting that the bullish market structure remains intact for now. This is compounded by the relatively mild level of stress in the market, as measured by the historically small unrealized losses incurred by market participants.
With the BTC price trading roughly 10% above short-term holders' $88.4K value base, this highlights the potential downside risk if momentum slows and the price falls below this level.
With the BTC price trading roughly 10% above short-term holders' $88.4K value base, this highlights the potential downside risk if momentum slows and the price falls below this level.