๐บ๐ธ๐ Despite the stock market's meteoric rise, money market funds received an influx of $16.7 billion last week, pushing assets under management to a new record high of $6.018 trillion. This is due to rising yields after falling expectations for rate cuts. #macro zero hedge
๐ฆ๐บโ๏ธ An Australian court has ruled that Block Earner will face fines for offering its โEarnerโ product in 2022 because it did not hold an Australian financial services license. cointelegraph
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๐ค #AI Google announced that the Bard chatbot has been renamed Gemini, and a paid version has also been launched. cointelegraph
๐ฉ๐ช #macro Consumer Inflation (CPI) (Jan):
- m/m: 0.2% (expected: 0.2%; prev: 0.1%)
- y/y: 2.9% (expected: 2.9%; prev: 3.7%)
- m/m: 0.2% (expected: 0.2%; prev: 0.1%)
- y/y: 2.9% (expected: 2.9%; prev: 3.7%)
๐๐ Daily #XRP transaction volume reached $600 million in Q4 2023, and the number of transactions on the network increased by 34%. ripple.com
๐ #PENDLE TVL Pendle reached $991 million, up 47.08% in 7 days.
๐ค CryptoAttack ๐ฌ๐ง
๐บ๐ธ๐ #BTC #ETF On February 7, total net inflows into spot BTC-ETFs were $146 million, representing nine consecutive days of net inflows. sosovalue
๐๐ TVL Puffer Finance is approaching $800 million, up 336% in 7 days.
๐ค CryptoAttack ๐ฌ๐ง
๐ค #AI OpenAI is developing an autonomous assistant system with artificial intelligence that can take control of the user's device to perform tasks - cointelegraph
๐ค๐ฐ #AI Sam Altman, CEO of OpenAI, is reportedly in talks with investors around the world in an attempt to raise trillions of dollars to develop AI chips.
cointelegraph.com
cointelegraph.com
๐ค CryptoAttack ๐ฌ๐ง
๐ฌ๐ง๐ฆ Bank of England February 12 will complete consultations on the regulatory regime for systemic payment systems using stablecoins and related service providers.
๐ฌ๐ง๐น #CBDC The Bank of England and the Financial Conduct Authority need to reconsider some proposals to regulate stablecoins, several industry groups say.
Crypto industry groups in the UK say local regulators' proposals for overseeing stablecoins need to be reworked.
coindesk.com
Crypto industry groups in the UK say local regulators' proposals for overseeing stablecoins need to be reworked.
coindesk.com
๐ #BTC K33 Research: February 8, 2024 - Strongest daily net inflow into BTC investment instruments since January 19, 2021.
4.52% of BTC in circulation is currently owned by investment firms.
4.52% of BTC in circulation is currently owned by investment firms.
๐ค CryptoAttack ๐ฌ๐ง
๐๐ #ETH Ethereum developers have scheduled the Dencun update on the main network for March 13
๐๐ #ETH Ethereum's Dencun update will introduce proto-danksharding (EIP-4844) to make L2 solutions like zkSync cheaper to use.
Boojum, a STARK-based proof system, will allow zkSync to publish more data to Ethereum, thereby improving performance.
theblock.com
Boojum, a STARK-based proof system, will allow zkSync to publish more data to Ethereum, thereby improving performance.
theblock.com
๐ Call options on #ETH on Deribit are centered at $4,000 with both June and September expirations.