π€ CryptoAttack π¬π§
π #BTC and cryptocurrencies may yet see a long-term correction as central banks maintain a liquidity squeeze - Bloomberg Intelligence As inflation rises, banks take liquidity out of the economy, causing risky assets to shrink, including cryptocurrencies.β¦
π£ Mike McGlone: If the rules that reduce liquidity puts pressure on risky assets no longer apply, then the second quarter could be the beginning of a long deflation.
The lessons of excess liquidity and inflation will be long-lasting, and The Central Bank will most likely let the markets do what they want.
Long term declining inflation due to advances in technology should put pressure on commodities and support the Nasdaq, but a 54% drawdown in 2007-08 could be a benchmark for 2023 due to strong headwinds from the Fed.
#macro
The lessons of excess liquidity and inflation will be long-lasting, and The Central Bank will most likely let the markets do what they want.
Long term declining inflation due to advances in technology should put pressure on commodities and support the Nasdaq, but a 54% drawdown in 2007-08 could be a benchmark for 2023 due to strong headwinds from the Fed.
#macro
π° #GPT AI-focused CryptoGPT blockchain raises $10M funding at $250M valuation. coindesk.com
CoinDesk
AI-Focused Blockchain CryptoGPT Raises $10M Funding at $250M Valuation
CryptoGPT recently rolled out AI assistant "Alex" and is developing its ZK rollup layer 2 blockchain and a data-to-AI engine, which collects, encrypts and transfers data for commercial applications.
βπΈ #FTT FTX bankruptcy lawyers and advisors billed FTX for $30M in February theblock.com
π€ CryptoAttack π¬π§
π Data: MakerDAO Lianchuang sold 150,000 LDO yesterday and bought 569 MKR. twitter.com
π #NFT Messari: In the NFT marketplace sector, platforms like Blur have played their part in increasing trading activity. While networks such as Polygon and Solana have yet to reach the volumes of Ethereum, platforms such as Tensor and Magic Eden continue to make improvements.
π₯³ ΠΠΈΡΠ°ΠΉΡΠΊΠ°Ρ Π²Π΅ΡΡΠΈΡ ΡΠΈΠΊΡΠΎΠΊΠ° Douyin now supports querying #BTC market data
πΈ Web3 Foundation announced the 17th installment of the list of grants, the shortlist included 46 projects Medium.com
π¦MetaMask launched the function of buying cryptocurrency in fiat currency in your Dapp portfolio
π #LTC Litecoin started development of Litecoin Core v24, will add P2P support twitter.com
π Etherscan has disabled the display of zero-value token transfers on their website to prevent address poisoning attacks. twitter
π€ CryptoAttack π¬π§
π Whale Alert: 40M #MATIC (~$43.7M) transferred from Polygon Staking to Binance
π #MATIC sentiment. Polygon:
- Over the past week there has been a flurry of large Polygon transactions;
- there is definitely some notable correlation between the number of coins in "smart money" wallets and the price of $MATIC;
- in general, the percentage of MATIC supply on exchanges continues to fall;
- on Saturday there was a huge surge, indicating a significant profit-taking.
- Over the past week there has been a flurry of large Polygon transactions;
- there is definitely some notable correlation between the number of coins in "smart money" wallets and the price of $MATIC;
- in general, the percentage of MATIC supply on exchanges continues to fall;
- on Saturday there was a huge surge, indicating a significant profit-taking.
πββ Coinbase CEO Vishal Gupta is leaving the company. theblock.com
π #ROOK Rook is proposing to split Rook's crypto treasury of nearly $50M between Rook Labs, which creates MEV technology, and a new DAO incubator. coindesk.com
π Let's remember the time when the former CEO of Credit Suisse called BTC a bubble.
#BTC price on this date: 7 thousand $. Price now: $28,000
Credit Suisse Stocks (CS) on this date: $15. CS price now: $0.87
π He is a bubble himself π€‘ He is a clown
#BTC price on this date: 7 thousand $. Price now: $28,000
Credit Suisse Stocks (CS) on this date: $15. CS price now: $0.87
π He is a bubble himself π€‘ He is a clown
π₯³ #RIO Realio launched the alpha version of its layer 1 blockchain network