๐ฅ๐ฅ Market News Tuesday - February 28 ๐ฅ๐ฅ
๐ SEC touches Robinhood's neck for trading Crypto on the floor [More]๐ Binance accused by Forbes of not fully securitizing stablecoin USDC
๐ Coinbase will suspend trading of stablecoin BUSD from March 13, 2023 [More]
๐ DCG reported a loss of $1.1 billion in 2022, still holding total assets of 5.3 billion [More]
๐ MyAlgo warns users to withdraw assets from Wallet due to unknown hacks [More]
๐ Lotte Group (Korea) cooperates with Polygon (MATIC), expanding NFT business [More]
๐ GMD Protocol (protocol built on GMX) launches new Launchpad platform [More]
๐ Layer 2 Base extends 1 week for users to mint NFT projects
๐ BitDAO's Layer 2 Mantle (BIT) proposes to set up a fund of $ 200M to develop the ecosystem [More]
๐ Lifeform (Binance Labs) raised 5M$ in Series A round led by Geek Cartel fund [More]
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๐ฅ๐ฅTrustKeys Network โ Web3 Secure Chatโจโจ๐ Trustkeys Network is a secure chat network, integrated with Web3 technology, so you can access and discuss with friends, colleagues or customers without worrying about data being stolen.
๐ฅ Trustkeys chat network includes many independent arrays, open support and built specifically for different Web3 applications.
๐ These apps include the latest experiments such as: group chats, private chats and open support conversations.
๐ Come to TrustKeys Network you can enjoy free experiences, without having to worry about any criminal acts.
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๐ฅ๐ฅ Market News Wednesday - March 1 ๐ฅ๐ฅ๐ Bitcoin's February candle continues to be "green" with an increase of only 0.07% [More]
๐ Goldman Sachs CEO: Inflation is expected to be more severe and difficult to control [More]
๐ Ethereum successfully tested the Shanghai upgrade on the Sepolia testnet [More]
๐ Google Cloud adds Casper Labs (CSPR) to its Web3 partnership portfolio [More]
๐ After Dubai, there is one more Emir from the UAE, Ras Al Khaimah, opening the door to welcome Crypto [More]
๐ Devcon - Ethereum's most important event chooses Southeast Asia as a destination in 2024 [More]
๐ Visa and Mastercard will limit exposure to Crypto companies after a series of scandals from the market [More]
๐ DEX Mangrove raised $7.4M in Series A round led by Cumberland & Greenfield Capital [More]
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๐ฅ๐ฅ Unlocking knowledge about Wallet Connect ๐ฅ๐ฅโ Wallet Connect is a protocol that allows for the connection of decentralized applications (dApps) and electronic wallets. It enables users to interact with blockchain systems from their wallets without having to provide login information or private keys to the application.
โ Instead of requiring users to enter their wallet login information into the application, Wallet Connect uses a QR code to establish a connection between the wallet and the application.
โ When a user wants to use a blockchain application, they simply scan the QR code provided by the application on their wallet to establish a connection. With this QR code, the wallet will create a secure encrypted connection, allowing for transactions and interaction with the blockchain system.
โ After a successful connection, users can perform transactions on the blockchain application without having to transfer funds back and forth between different wallets, reducing security risks and transaction fees.
๐ Use Trust Wallet to connect with Wallet Connect!
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TrustKeys Network โ Secure Blockchain SuperApp & Enterprise Security Solutions
End-to-end encrypted messaging, multi-chain crypto wallet, decentralized exchange, and enterprise security solutions.
๐ฅ๐ฅ Market brief on Thursday - March 2nd ๐ฅ๐ฅ๐ Global manufacturing PMI rose, with China's rising to 52.6 in February, the highest level since May 2012, putting pressure on inflation [More]
๐ Binance launched an AI-powered NFT creation tool called "Bicasso" [More]
๐ Solana (SOL) plans to improve its network for stability [More]
๐ Iron Fish, a secure blockchain, committed to airdrop 940,000 IRON and deploy its mainnet on March 14th [More]
๐ Jack Dorsey's decentralized social network, Bluesky, released an App Store [More]
๐ CFX rose after Conflux raised $10M from DWF Labs [More]
๐ The new LSD project, ether.fi, raised $5.3M led by North Island [More]
๐ Chiliz (CHZ) partnered with Jump Crypto to create a $50M fund for Chiliz 2.0 blockchain projects [More]
๐ Goldman Sachs is hiring more personnel for its digital asset development team [More]
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โ ๏ธโ ๏ธWallet Connect - Is it Safe?โ ๏ธโ ๏ธ
โณ๏ธ Using Wallet Connect is a secure way to connect your cryptocurrency wallet with blockchain applications, as long as basic security measures are taken.
โณ๏ธ These security measures include protecting login information, using a strong and not shared password and regularly updating your applications and software.
โณ๏ธ The Wallet Connect protocol uses end-to-end encryption to ensure security for transactions made. This ensures that data transmitted is protected from external threats and only the user has access to their wallet.
โณ๏ธ Trustkeys Wallet is a secure wallet to store cryptocurrencies. With a private key designed with 24 highly secure characters, managing your TrustKeys digital wallet becomes very easy. TrustKeys Wallet supports multi-chain (ERC, BSC, TRC...) and can be used with most current cryptocurrencies.
๐Experience the Trustkeys Wallet at Trustkeys Wallet !!
โณ๏ธ Using Wallet Connect is a secure way to connect your cryptocurrency wallet with blockchain applications, as long as basic security measures are taken.
โณ๏ธ These security measures include protecting login information, using a strong and not shared password and regularly updating your applications and software.
โณ๏ธ The Wallet Connect protocol uses end-to-end encryption to ensure security for transactions made. This ensures that data transmitted is protected from external threats and only the user has access to their wallet.
โณ๏ธ Trustkeys Wallet is a secure wallet to store cryptocurrencies. With a private key designed with 24 highly secure characters, managing your TrustKeys digital wallet becomes very easy. TrustKeys Wallet supports multi-chain (ERC, BSC, TRC...) and can be used with most current cryptocurrencies.
๐Experience the Trustkeys Wallet at Trustkeys Wallet !!
๐ฅ๐ฅ Market Briefs Tuesday - 07/03 ๐ฅ๐ฅ๐ Daily NFT trading volume reached a 3-month high for the second consecutive Monday, surpassing 125,000 transactions per day. [More]
๐ Despite strict regulations, Kraken plans to launch its own bank. [More]
๐ Amazon will launch an NFT platform on April 24. [More]
๐Babel Finance will issue a stablecoin to compensate for $766 million in customer debt. [More]
๐ EOS is improving its ecosystem by launching the EVM mainnet in April. [More]
๐ Bybit has launched a Mastercard debit card that allows users to pay for goods and services with cryptocurrencies. [More]
๐ Privacy Pools, a fork of Tornado Cash, has launched on the L2 Optimism testnet. [More]
๐ Layer-2 Scroll has raised a $50 million funding round led by Polychain Capital. [More]
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๐ฅ๐ฅ Market Briefs Friday - 10/03 ๐ฅ๐ฅ๐ Crypto & Stock markets bleed ahead of the US jobs report, which will be released at 8:30 pm tonight [More]
๐ Huobi allocates $100M to improve liquidity for HT, bearing the brunt of the deep decline in HT's price volatility [More]
๐ The Biden administration proposes a 30% tax increase on electricity usage for Bitcoin and cryptocurrency mining [More]
๐ Blockchain.com suspends its asset management division after 11 months of operation [More]
๐ Controversial project CryptoGPT (GPT) combines AI and ZK technology, launching on several major exchanges at 6pm this evening [More]
๐ Coinbase Ventures participates in a $15M investment round for Mauve, the first DEX with authentication [More]
๐ Lombard Research: "There will be no end to the rate-hike cycle until the Fed triggers a real recession" [More]
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๐ฅ ๐ฅ IN TUNE WITH ASIAN CUP20 ๐ฅ ๐ฅ๐ Immerse in the festive atmosphere of the top football show in Asia, TrustKeys Network launches the "In tune with Asian Cup20" minigames to create a fun and vibrant playground.
๐ To participate in the minigames, you can predict the results of matches and answer questions related to each match on the TrustKeys app. For each correct answer, you will receive TRUSTK.
๐ Asian Cup20 minigames are not only an opportunity to show your passion for football, but also a chance to receive valuable prizes from TrustKeys Network.
๐ Join the group and predict now: Football Fan Hub group
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SocialFi Community Hub group on Trustkeys Network
Group SocialFi Community Hub on TrustKeys Network. Secure chat with end-to-end encryption in TrustKeys can help you connect safely.
๐ฅ๐ฅ Market Briefing Monday - 13/03 ๐ฅ๐ฅ๐ Bitcoin surged above $22,500, altcoins rebounded strongly as the Fed pumped money to ensure liquidity for the banking system amid collapse [More]
๐ Paxos is stuck with $250M, Coinbase is stuck with $240M at Signature Bank - The next bank to collapse after SVB and Silvergate [More]
๐ USDC rebounded to peg $1 after Circle's $3.3B at SVB will be fully refunded [More]
๐ Just a few minutes ago, 468.7M USDC was minted and added to the market, the USDC crisis temporarily subsided [More]
๐ As USDC lost its peg, we saw BTC hit $50,000 for the first time since December 2021 [More]
๐ There may be a Bank dedicated to the Crypto industry after the recent crisis [More]
๐ Cosmos (ATOM) is preparing to launch Interchain Security on March 15th [More]
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FINANCIAL EVENTS TO FOLLOW THIS WEEK ๐ฅ๐ฅ
๐ 10:30 PM today (13/03): FED holds a closed-door meeting ๐บ๐ธ
The meeting will review and determine the interest rate policy currently applied by the FED, and may clarify the plan to rescue the US banking system.
๐ 7:30 PM tomorrow (14/03): Consumer Price Index (CPI) ๐บ๐ธ
Last month's CPI was disappointing, raising the question of whether US inflation will increase again. The answer will be revealed tomorrow evening.
Forecasts:
CPI M/M - Forecast = 0.4%, previous month = 0.5%
CPI Y/Y - Forecast = 6%, previous month = 6.4%
Core CPI M/M - Forecast = 0.4%, previous month = 0.4%
๐ 7:30 PM Wednesday (15/03):
Producer Price Index (PPI) ๐บ๐ธ
Inflation is reflected from the perspective of PPI sellers, and it is forecasted to decrease to 0.3%, after a sharp increase to 0.7% last month.
Retail Sales ๐บ๐ธ
Forecasted to decline sharply to -0.3% compared to a 3% increase last month.
All data reflects the weakness of the economy last month, following a hot growth in the first month of the year. Good news for Crypto.
In addition, the risks from the banking crisis have not been fully manifested. It is necessary to closely monitor news related to this "black spot," especially the response of the US Federal Reserve and Government.
๐ 10:30 PM today (13/03): FED holds a closed-door meeting ๐บ๐ธ
The meeting will review and determine the interest rate policy currently applied by the FED, and may clarify the plan to rescue the US banking system.
๐ 7:30 PM tomorrow (14/03): Consumer Price Index (CPI) ๐บ๐ธ
Last month's CPI was disappointing, raising the question of whether US inflation will increase again. The answer will be revealed tomorrow evening.
Forecasts:
CPI M/M - Forecast = 0.4%, previous month = 0.5%
CPI Y/Y - Forecast = 6%, previous month = 6.4%
Core CPI M/M - Forecast = 0.4%, previous month = 0.4%
๐ 7:30 PM Wednesday (15/03):
Producer Price Index (PPI) ๐บ๐ธ
Inflation is reflected from the perspective of PPI sellers, and it is forecasted to decrease to 0.3%, after a sharp increase to 0.7% last month.
Retail Sales ๐บ๐ธ
Forecasted to decline sharply to -0.3% compared to a 3% increase last month.
All data reflects the weakness of the economy last month, following a hot growth in the first month of the year. Good news for Crypto.
In addition, the risks from the banking crisis have not been fully manifested. It is necessary to closely monitor news related to this "black spot," especially the response of the US Federal Reserve and Government.
๐ฅ๐ฅ Market Briefing for Tuesday, March 14th ๐ฅ๐ฅ๐ At 7:30 PM (UTC+7) tonight, the US will release its Consumer Price Index (CPI), with expectations of a drop to 6% from 6.4% last month.
๐ The FDIC is planning a second auction for SVB after the first attempt fell through. [More]
๐ Fed Chairman Powell stated that a deep investigation is needed into the SVB incident. Vice Chairman Barr will lead the investigation, and the results will be released on May 1st. [More]
๐ HSBC has acquired SVB UK for ยฃ1, which is good news for customers who were concerned about losing their deposits. [More]
๐ Biden: "The US banking system is still safe, and all depositors will be protected." [More]
๐ Filecoin (FIL) will launch the Filecoin Virtual Machine tonight, officially becoming an L1 blockchain. [More]
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๐ฅ๐ฅ Market Briefing Wednesday - 15/03 ๐ฅ๐ฅ๐ At 7:30 pm tonight, the US will release the Producer Price Index (PPI) for February and Retail Sales data for the same month.
๐ The market cooled down after a night of volatility due to the February Consumer Price Index (CPI) inflation data, which was in line with expectations. [More]
๐ BNB Chain teases big news at 8 pm tonight. [More]
๐ The supply of USDC is continuously decreasing as whales sell off their holdings, despite the end of the crisis. [More]
๐ $2 billion USDT has been printed to support future chain issuance and swapping. [More]
๐ CZ denies rumors that Binance intends to acquire CoinDesk through CoinMarketCap. [More]
๐ FIL rose 20% overnight with the launch of the FVM virtual machine. [More]
Meta cuts an additional 10,000 jobs in the second round of layoffs, while Apple continues to freeze hiring. [More]
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๐ฅ๐ฅ Market Briefing Thursday 16/03 ๐ฅ๐ฅ๐ Credit Suisse will borrow up to $54 billion from the Swiss National Bank in an effort to address the trust crisis. [More]
๐ TUSD operator moves $1 billion in reserves to a Bahamas bank amid concerns about the US crisis. [More]
๐ Coinbase will delist 6 projects that do not meet its standards: RLY, YFII, MIR, OMG, LOOM, and REP. YFII, OMG & LOOM are still available on Binance. [More]
๐ Coinbase will unlock ETH staking about 24 hours after the Shanghai upgrade, while Lido is expected to allow withdrawals around mid-May. [More]
๐ Uniswap (UNI) is officially deployed on BNB Chain. [More]
๐ MetaMask wallet implements account segregation feature to enhance user security. [More]
๐ Goldman Sachs files patent for blockchain technology specifically for payments. [More]
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๐ฅ๐ฅ Market Briefing Friday - 17/03 ๐ฅ๐ฅ๐ ECB increases interest rates by 0.5%, prioritizing inflation reduction despite widespread crisis. FED's probability of increasing interest rates by 0.25% next week is overwhelming after [source].
๐ 11 US banks pledge $30 billion to rescue First Republic Bank, reducing liquidity pressure and the market recovers after [source].
๐ The Fed's total assets have increased by nearly $300 billion in a few days due to lending activities, liquidity pumping, and bank bailouts [source].
๐ Ethereum's Shanghai upgrade is scheduled to be deployed on April 12 [source].
๐ Binance announces the launch of its 30th launchpad, SpaceID (ID), with new tokens listing on Binance such as SYN, HOOK, and RPL [source].
๐ FDIC denies rumors that organizations wanting to purchase Signature Bank must divest from the crypto field [source].
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๐ฅ๐ฅ Market brief Saturday - 18/03 ๐ฅ๐ฅ๐ Bitcoin surges above $27,000, market cap returns to $500 billion [More]
๐ Everyone rushes to hunt Air after the news of the Arbitrum airdrop, the number of users of the zkSync & StarkNet bridge increases dramatically [More]
๐ Coinbase plans to establish a derivatives trading platform outside the US [More]
๐ Binance swaps out 200M BUSD in SAFU fund for USDT and TUSD [More]
๐ BlockSec prevents hacker from stealing 2,900 ETH worth ~ $5 million from Paraspace NFT lending platform [More]
๐ Microsoft Edge is testing the integration of Web3 wallet [More]
๐ WSJ lists 186 banks that may face risks similar to Silicon Valley Bank [More ]
๐ US bank stocks continue to decline despite rescue funds infusion [More]
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๐ฅ๐ฅMarket brief Tuesday - 21/03 ๐ฅ๐ฅ๐ Goldman Sachs expects the Fed to pause interest rate hikes in order to reduce stress on the banking system at its next meeting. [More]
๐ First Republic Bank's stock drops an additional 47%, as executives scramble to seek a second rescue. [More]
๐ Polygon and Immutable X (IMX) collaborate to create a zkEVM Gaming version. [More]
๐ OKX's Sidechain OKB joins the ZK technology race and operates independently from Layer-1 OKT. [More]
๐ Internal reconciliation is reached, and there will be no token from DefiLlama. [More]
๐ Tether prints another $1 billion USDT, bringing the total USDT printed in the past week to 4 billion stablecoins. [More]
๐ Camelot DEX's TVL (GRAIL) increases over 50% in the past week, surpassing $100 million ahead of the ARB listing on several exchanges. [More]
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๐ฅ๐ฅMarket Briefing for Wednesday - 22/03 ๐ฅ๐ฅ๐ Sui will launch its mainnet in Q2, without an airdrop token, instead opting for a presale for 100K active users [source]
๐ Arbitrum airdrops 1.13% of the total supply to 137 projects in HST: Treasure (MAGIC), GMX, UniSwap (UNI), Sushiswap(SUSHI), Dopex (DPX),โฆ [source]
๐ The ARB airdrop claiming time will be earlier than expected, around 7:40 pm tomorrow [source]
๐ Binance Launchpad will open the commitment portal for BNB to receive ID allocation at 1pm today [source)]
๐ XRP (Ripple) sees a significant rise due to positive updates on the SEC lawsuit [source]
๐ Kpop idol G-Dragon launches NFT collection with three sales events on March 22, April 23, and April 30 [source]
๐ CCP Games secures a $40M funding round led by Andreessen Horowitz for innovative projects [source]
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๐ฅ๐ฅ Market Brief Friday - 24/03 ๐ฅ๐ฅ๐ Bitcoin rebounds above $28,000, altcoins and US stocks show positive gains [More]
๐ ZK ecosystem gears up for zkSync Era mainnet launch & zkEVM Polygon debut [More]
๐ Nearly 70% of wallets have claimed ARB, with no signs of significant sell-off as the token remains sideways at around $1.4 [More]
๐ Crypto executive Do Kwon arrested in Montenegro, facing eight criminal charges in the US [More]
๐ Circle partners with Xapo Bank to enable USDC transfers, offering an alternative to the SWIFT payment system [More]
๐ US House of Representatives supports Bitcoin mining, while the White House proposes a 30% tax on mining revenue [More]
๐ Mysten Labs (Sui) buys back $96M worth of equity, tokens, and warrants previously sold to FTX [More]
๐ L1 blockchain Radix raises $10M in funding round led by DWF Labs [More]
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๐ฅ๐ฅ Market Briefing Monday 27/03 ๐ฅ๐ฅ๐ Polygon is expected to launch zkEVM today, just a few days after the introduction of zkSync Era. [More]
๐ The LSD story continues to attract FOMO (RPL, FIS, CHESS, ...) as the ShangHai 12/4 upgrade approaches. [More]
๐ Despite the airdrop, the Arbitrum network continues to surge with TVL increasing nearly 20% in the week, surpassing the $3.1 billion mark. [More]
๐ The rumor that MetaMask will take a snapshot on March 31 and launch a token in Q1/2024 is unfounded. [More]
๐ Venezuela temporarily shuts down cryptocurrency mining facilities and exchanges to investigate corruption. [More]
๐ After the pension reform issue, 30,000 French citizens protest against the construction of a reservoir. [More]
๐ Russia places nuclear weapons in Belarus, escalating tensions with the West. [More]
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๐ฅ๐ฅ Market brief Tuesday 28/03 ๐ฅ๐ฅ๐ BTC drops below $27,000, altcoins in the red after news of Binance and CZ being sued by CFTC [More]
๐ Polygon officially launches mainnet for L2 zkEVM, Vitalik Buterin performs the first transaction [More]
๐ Arbitrum account mistakenly suspended due to a mix-up from Twitter, now restored [More]
๐ MicroStrategy buys an additional 6,455 BTC for $150M and pays off all outstanding loans from bankrupt Silvergate bank [More]
๐ The US government is holding 205,515 BTC ~ $5.8 billion from confiscated criminal assets [More]
๐ Coinbase is developing a Stablecoin to track inflation on Base [More]
๐ dydx will launch a private testnet today to complete the transition from StarkEx to Cosmos [More]
๐ Sol-based derivatives exchange Cega raises $5M in seed funding led by Dragonfly Capital [More]
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