👀 Alameda Research resigned from the Board of Governors of Klaytn Medium.com
🤖 CryptoAttack 🇬🇧
🔊 #ETH hit a supply decline this week.
📊 Due to loss of confidence in CEX, Uniswap trading volume increased, V3 and V2 burned over 2300 ETH in 7 days, resulting in deflation ETH. MEV activity has also peaked. The number of addresses trading USDC in the DEX also hit a new high.
🤖 CryptoAttack 🇬🇧
📊 CoinShares Report: Digital Asset Investment Products saw a minor outflow totaling $15.6M last week and had a poor start to the month with an outflow of $19M. For the week, the outflow of bitcoins amounted to 13 million US dollars. This follows a 7-week…
📊 Report CoinShares:
The influx into crypto products for the 14th week amounted to $42 million. The influx began later in the week on the back of a sharp drop in prices triggered by the FTX/Alameda collapse.
BTC has been in the spotlight with an influx of funds totaling $19 million, the largest since early August this year.
Inflow into short BTC $12.6 million.
The influx into crypto products for the 14th week amounted to $42 million. The influx began later in the week on the back of a sharp drop in prices triggered by the FTX/Alameda collapse.
BTC has been in the spotlight with an influx of funds totaling $19 million, the largest since early August this year.
Inflow into short BTC $12.6 million.
👀 South Korea investigates platform coins like Paycoin and Wemix to prevent "repeated FTX incident" n.news.naver.com
⛏ BTC miner Canaan reported third-quarter earnings of $137.5M, down 40% from Q2, and gross profit of $32.9M, down 74% from Q2 quarter.
🤖 CryptoAttack 🇬🇧
👀 Xinhuo Technology (Huobi Technology) officially changed its name to "New Huo Tech".
💰 Huo Technology receives a $14 million loan from the former CEO of Huobi.
cryptoslate.com
cryptoslate.com
📊 After the FTX crash, BTC investors were depositing coins at a historical rate of 106,000 BTC per month. This resulted in positive balance changes across all wallet cohorts, from shrimp to whales.
- Miners are clearly under stress having given away 7,761 BTC in the last week (9.5% of the balance held)
- Since the FTX crash (Nov 10), more than $1.04 billion worth of stablecoins have entered the exchanges.
- Stablecoins in smart contracts are depleting at a rate of $4.63 billion per month.
- Miners are clearly under stress having given away 7,761 BTC in the last week (9.5% of the balance held)
- Since the FTX crash (Nov 10), more than $1.04 billion worth of stablecoins have entered the exchanges.
- Stablecoins in smart contracts are depleting at a rate of $4.63 billion per month.
👀 Bitcoin Cash could become legal tender in St. Kitts by March, PM says.
coindesk.com
coindesk.com
🤖 CryptoAttack 🇬🇧
📊 Due to loss of confidence in CEX, Uniswap trading volume increased, V3 and V2 burned over 2300 ETH in 7 days, resulting in deflation ETH. MEV activity has also peaked. The number of addresses trading USDC in the DEX also hit a new high.
🦄👀 CEO Nansen: The volume of transactions from ETH on Uniswap in the last 24 hours amounted to $1.11 billion, while the volume of ETH and USDT or USD pairs on centralized exchanges did not exceed $1 billion. Except binance
📝 Cosmos Hub's proposal for the revised ATOM 2.0 white paper has been rejected. mintscan.io
🏦 Citi: The correlation between stock markets and bitcoin is weakening. Last week, the S&P 500 gained almost 6% while BTC fell about 20%.
DEX volumes are up 30% since the start of the month, gaining market share over CEX.
DEX volumes are up 30% since the start of the month, gaining market share over CEX.
🗣 mikemcglone: The absence of a recession may come as a surprise in 2023 - the US and the world may be entering a period of downward revisions to inflation expectations, which is typical of recessions. The key difference is that the Fed is unlikely to ease policy as it has done in the past, leaving consumer price cuts as the main driver of the reset.