π€ CryptoAttack π¬π§
π¦π£ #USDT JPMorgan analysts: Tether is at greatest risk due to its lack of regulatory compliance and transparency. Therefore, we view the growing concentration of Tether over the past year as a negative factor for the stablecoin universe and the crypto ecosystemβ¦
This media is not supported in your browser
VIEW IN TELEGRAM
π¦π₯ #USDT JPMorgan continues: US regulators may exercise some control over the offshore use of Tether through OFAC. Upcoming stablecoin regulations in the US and Europe "will likely put indirect pressure on Tether as its attractiveness decreases relative to stablecoins due to greater transparency and greater compliance with new regulatory/KYC/AML standards."
Tether's reports continue to lack a complete and detailed asset breakdown and independent audits (instead of audit assurances).
Tether's CEO said JPMorgan's concerns seem to have "more to do with jealousy over the development of financial and payment services."
Tether's reports continue to lack a complete and detailed asset breakdown and independent audits (instead of audit assurances).
Tether's CEO said JPMorgan's concerns seem to have "more to do with jealousy over the development of financial and payment services."
π΅ββ Arkham highlighted the best traders on Hyperliquid (#HYPER):
- The most profitable trader made from $400 thousand - $2.56 million in two months (mostly on SEI);
- second most profitable smartmoney earned $2 million in 3 weeks (currently shorting SOL);
- Another one trader earned $1 million.
Previously: Binance ranked Hyperliquid as one of the top derivatives protocols with the highest volume growth.
- The most profitable trader made from $400 thousand - $2.56 million in two months (mostly on SEI);
- second most profitable smartmoney earned $2 million in 3 weeks (currently shorting SOL);
- Another one trader earned $1 million.
Previously: Binance ranked Hyperliquid as one of the top derivatives protocols with the highest volume growth.
π #STX Messari. Status of Stacks in Q4:
- Stacks revenue (in $) increased by 3386%;
- STX market capitalization grew by 203% for the quarter and by 598% for the year, to $2 billion;
- the average daily income of miners increased by 1015% year on year to $78,000.
- Stacks revenue (in $) increased by 3386%;
- STX market capitalization grew by 203% for the quarter and by 598% for the year, to $2 billion;
- the average daily income of miners increased by 1015% year on year to $78,000.
π€ #NEXO cooperates with Sift to improve its fraud prevention mechanisms.
π€ CryptoAttack π¬π§
π #AVAX Messari. Avalanche status in Q3: Avalanche remains a leading player in the L1 market for developers immersed in the crypto space and those outside of Web3. Network usage remained stable even after LayerZero-related activity was removed.
π #AVAX Messari: Avalanche status in Q4 2023:
- Market capitalization +344%;
- revenue +2874%;
- average daily transactions +182%;
- average daily DEX volume +245%;
- average daily NFT volume +1,490%
- Market capitalization +344%;
- revenue +2874%;
- average daily transactions +182%;
- average daily DEX volume +245%;
- average daily NFT volume +1,490%
π #RON Sky Mavis will reduce Liquidity Provider (LP) rewards provided by DEX Katana, built on the Ronin blockchain, by 50%.
β #BTC Galaxy Analysts: 20% of BTC network hashrate may go offline after halving and some ASIC models may change hands with miners with lower electricity costs, rather than leaving the network entirely.
π€ CryptoAttack π¬π§
πΊπΈπΉ US Senator Elizabeth Warren introduced an updated bipartisan bill aimed at combating money laundering in the digital asset sector
π½ Within Capitol Flag program Senator Warren's office submitted the request to commemorate Nakamoto's achievement in creating the first "truly inclusive financial system" - bitcoinmagazine
This media is not supported in your browser
VIEW IN TELEGRAM
π #BTC CryptoQuant Analyst: BTC has two options. Both lead to $150k.
Scenario A is a repeat of 2019, with supply losses dropping to 16% and rising again. This means that the price of BTC will fall to the level of the realized price ($23k) over the next 6 months. This will be followed by Scenario B, which is that supply at a loss drops to 3% over the next 6 months. In this case, BTC will experience a massive rally and will likely reach $150k.
I think scenario B is more likely because New money has not yet entered the market, and we have not yet reached the peak of the OI decline.
Scenario A is a repeat of 2019, with supply losses dropping to 16% and rising again. This means that the price of BTC will fall to the level of the realized price ($23k) over the next 6 months. This will be followed by Scenario B, which is that supply at a loss drops to 3% over the next 6 months. In this case, BTC will experience a massive rally and will likely reach $150k.
I think scenario B is more likely because New money has not yet entered the market, and we have not yet reached the peak of the OI decline.
π€ CryptoAttack π¬π§
πΊπΈπ #BTC #ETF 8 BTC-ETFs added 14,104 BTC (~$730.3 million) today: - Grayscale has outflows of 1,912 BTC (~$99 million); - iShares (Blackrock) added 10,003 BTC (~$518 million) today and currently own 105,280 BTC (~$5.45 billion).
πΊπΈπ #BTC #ETF Today 8 ETFs added 8,323 BTC (~$434.4 million):
- Grayscale has outflows of 1,492 BTC (~$77.9 million);
- iShares (Blackrock) added 4,329 BTC (~$225.9 million), and Fidelity added 2,296 BTC (~$119.8 million).
BlackRock and Fidelity currently hold 191,657 BTC worth over $10 billion in their spot BTC-ETFs (overtaking MicroStrategy by balance sheet of which there are now 190,000 BTC).
Arkham: Grayscale transferred another 2,399.657 BTC to Coinbase Prime today.
- Grayscale has outflows of 1,492 BTC (~$77.9 million);
- iShares (Blackrock) added 4,329 BTC (~$225.9 million), and Fidelity added 2,296 BTC (~$119.8 million).
BlackRock and Fidelity currently hold 191,657 BTC worth over $10 billion in their spot BTC-ETFs (overtaking MicroStrategy by balance sheet of which there are now 190,000 BTC).
Arkham: Grayscale transferred another 2,399.657 BTC to Coinbase Prime today.
π #AI After ChatGPT founder OpenAI introduced the AI βββSoraβ...
π€ CryptoAttack π¬π§
πΊπΈπΉ #CBDC #BTC Powell said at a congressional hearing that The US needs a stablecoin law So what The Fed has not made a decision to recommend that Congress issue a CBDC. At the same time, Gary Gensler in his repertoire says that Bitcoin occupies a leadingβ¦
This media is not supported in your browser
VIEW IN TELEGRAM
π€ CryptoAttack π¬π§
ππ₯³ #HOOD Robinhood financial report: - Robinhood beat forecasts for both profit and revenue for the quarter; - revenues grew by 10% in Q4 to $43 million; - notional cryptocurrency trading volume increased by 89% during the quarter. #COIN coindesk: Coinbaseβ¦
π₯³π #COIN Coinbase Total Revenue for Q4 amounted to $953.8 million (expected: $826.1 million). Trading volume - $154 billion (expected: $142.7 billion) - sec.gov
Coinbase: We switched to a new accounting procedure for cryptoassets and began measuring our cryptoassets at fair value in the first quarter.
Coinbase: We switched to a new accounting procedure for cryptoassets and began measuring our cryptoassets at fair value in the first quarter.