🔥🔥 Market Briefing for Tuesday, March 14th 🔥🔥

🌏 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.

🌏 The FDIC is planning a second auction for SVB after the first attempt fell through. [More]

🌏 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]

🌏 HSBC has acquired SVB UK for £1, which is good news for customers who were concerned about losing their deposits. [More]

🌏 Biden: "The US banking system is still safe, and all depositors will be protected." [More]

🌏 Filecoin (FIL) will launch the Filecoin Virtual Machine tonight, officially becoming an L1 blockchain. [More]
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🔥🔥 Market Briefing Wednesday - 15/03 🔥🔥

🌏 At 7:30 pm tonight, the US will release the Producer Price Index (PPI) for February and Retail Sales data for the same month.

🌏 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]

🌏 BNB Chain teases big news at 8 pm tonight. [More]

🌏 The supply of USDC is continuously decreasing as whales sell off their holdings, despite the end of the crisis. [More]

🌏 $2 billion USDT has been printed to support future chain issuance and swapping. [More]

🌏 CZ denies rumors that Binance intends to acquire CoinDesk through CoinMarketCap. [More]

🌏 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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🔥🔥 Market Briefing Thursday 16/03 🔥🔥

🌏 Credit Suisse will borrow up to $54 billion from the Swiss National Bank in an effort to address the trust crisis. [More]

🌏 TUSD operator moves $1 billion in reserves to a Bahamas bank amid concerns about the US crisis. [More]

🌏 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]

🌏 Coinbase will unlock ETH staking about 24 hours after the Shanghai upgrade, while Lido is expected to allow withdrawals around mid-May. [More]

🌏 Uniswap (UNI) is officially deployed on BNB Chain. [More]

🌏 MetaMask wallet implements account segregation feature to enhance user security. [More]

🌏 Goldman Sachs files patent for blockchain technology specifically for payments. [More]
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🔥🔥 Market Briefing Friday - 17/03 🔥🔥

🌏 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].

🌏 11 US banks pledge $30 billion to rescue First Republic Bank, reducing liquidity pressure and the market recovers after [source].

🌏 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].

🌏 Ethereum's Shanghai upgrade is scheduled to be deployed on April 12 [source].

🌏 Binance announces the launch of its 30th launchpad, SpaceID (ID), with new tokens listing on Binance such as SYN, HOOK, and RPL [source].

🌏 FDIC denies rumors that organizations wanting to purchase Signature Bank must divest from the crypto field [source].
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🔥🔥 Market brief Saturday - 18/03 🔥🔥

🌏 Bitcoin surges above $27,000, market cap returns to $500 billion [More]

🌏 Everyone rushes to hunt Air after the news of the Arbitrum airdrop, the number of users of the zkSync & StarkNet bridge increases dramatically [More]

🌏 Coinbase plans to establish a derivatives trading platform outside the US [More]

🌏 Binance swaps out 200M BUSD in SAFU fund for USDT and TUSD [More]

🌏 BlockSec prevents hacker from stealing 2,900 ETH worth ~ $5 million from Paraspace NFT lending platform [More]

🌏 Microsoft Edge is testing the integration of Web3 wallet [More]

🌏 WSJ lists 186 banks that may face risks similar to Silicon Valley Bank [More ]

🌏 US bank stocks continue to decline despite rescue funds infusion [More]
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🔥🔥Market brief Tuesday - 21/03 🔥🔥

🌏 Goldman Sachs expects the Fed to pause interest rate hikes in order to reduce stress on the banking system at its next meeting. [More]

🌏 First Republic Bank's stock drops an additional 47%, as executives scramble to seek a second rescue. [More]

🌏 Polygon and Immutable X (IMX) collaborate to create a zkEVM Gaming version. [More]

🌏 OKX's Sidechain OKB joins the ZK technology race and operates independently from Layer-1 OKT. [More]

🌏 Internal reconciliation is reached, and there will be no token from DefiLlama. [More]

🌏 Tether prints another $1 billion USDT, bringing the total USDT printed in the past week to 4 billion stablecoins. [More]

🌏 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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🔥🔥Market Briefing for Wednesday - 22/03 🔥🔥

🌏 Sui will launch its mainnet in Q2, without an airdrop token, instead opting for a presale for 100K active users [source]

🌏 Arbitrum airdrops 1.13% of the total supply to 137 projects in HST: Treasure (MAGIC), GMX, UniSwap (UNI), Sushiswap(SUSHI), Dopex (DPX),… [source]

🌏 The ARB airdrop claiming time will be earlier than expected, around 7:40 pm tomorrow [source]

🌏 Binance Launchpad will open the commitment portal for BNB to receive ID allocation at 1pm today [source)]

🌏 XRP (Ripple) sees a significant rise due to positive updates on the SEC lawsuit [source]

🌏 Kpop idol G-Dragon launches NFT collection with three sales events on March 22, April 23, and April 30 [source]

🌏 CCP Games secures a $40M funding round led by Andreessen Horowitz for innovative projects [source]
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🔥🔥 Market Brief Friday - 24/03 🔥🔥

🌏 Bitcoin rebounds above $28,000, altcoins and US stocks show positive gains [More]

🌏 ZK ecosystem gears up for zkSync Era mainnet launch & zkEVM Polygon debut [More]

🌏 Nearly 70% of wallets have claimed ARB, with no signs of significant sell-off as the token remains sideways at around $1.4 [More]

🌏 Crypto executive Do Kwon arrested in Montenegro, facing eight criminal charges in the US [More]

🌏 Circle partners with Xapo Bank to enable USDC transfers, offering an alternative to the SWIFT payment system [More]

🌏 US House of Representatives supports Bitcoin mining, while the White House proposes a 30% tax on mining revenue [More]

🌏 Mysten Labs (Sui) buys back $96M worth of equity, tokens, and warrants previously sold to FTX [More]

🌏 L1 blockchain Radix raises $10M in funding round led by DWF Labs [More]
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🔥🔥 Market Briefing Monday 27/03 🔥🔥

🌏 Polygon is expected to launch zkEVM today, just a few days after the introduction of zkSync Era. [More]

🌏 The LSD story continues to attract FOMO (RPL, FIS, CHESS, ...) as the ShangHai 12/4 upgrade approaches. [More]

🌏 Despite the airdrop, the Arbitrum network continues to surge with TVL increasing nearly 20% in the week, surpassing the $3.1 billion mark. [More]

🌏 The rumor that MetaMask will take a snapshot on March 31 and launch a token in Q1/2024 is unfounded. [More]

🌏 Venezuela temporarily shuts down cryptocurrency mining facilities and exchanges to investigate corruption. [More]

🌏 After the pension reform issue, 30,000 French citizens protest against the construction of a reservoir. [More]

🌏 Russia places nuclear weapons in Belarus, escalating tensions with the West. [More]
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🔥🔥 Market brief Tuesday 28/03 🔥🔥

🌏 BTC drops below $27,000, altcoins in the red after news of Binance and CZ being sued by CFTC [More]

🌏 Polygon officially launches mainnet for L2 zkEVM, Vitalik Buterin performs the first transaction [More]

🌏 Arbitrum account mistakenly suspended due to a mix-up from Twitter, now restored [More]

🌏 MicroStrategy buys an additional 6,455 BTC for $150M and pays off all outstanding loans from bankrupt Silvergate bank [More]

🌏 The US government is holding 205,515 BTC ~ $5.8 billion from confiscated criminal assets [More]

🌏 Coinbase is developing a Stablecoin to track inflation on Base [More]

🌏 dydx will launch a private testnet today to complete the transition from StarkEx to Cosmos [More]

🌏 Sol-based derivatives exchange Cega raises $5M in seed funding led by Dragonfly Capital [More]
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🔥🔥Market Briefing Thursday - 30/03 🔥🔥

🌏 At 7:30 PM tonight, the US will release Q4 GDP revised data and initial jobless claims figures [More]

🌏 Binance representative denies ties with China as alleged by Financial Times [More]

🌏 FTX sends email notification to users with trapped funds about their repayment plan [More]

🌏 Telegram users can now subscribe to Premium version using TON tokens [More]

🌏 Community proposes reducing transaction fees on BNB Chain to increase competitiveness [More]

🌏 Following Coinbase, Kraken plans to establish an overseas derivatives exchange [More]

🌏 Trust Wallet adds feature to restore wallet in case of lost seed phrase [More]

🌏 Fetch. ai (FET) receives $40M funding from DWF Labs [More]

🌏 Aptos-based DeFi project Econia raises $6.5M in seed round led by Dragonfly Capital [More]
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🔥🔥Market Briefing Friday 31/03 🔥🔥

🌏 A series of Vietnamese users have received refund emails from FTX, specific schedules and instructions will be announced later [More]

🌏 Sam FTX denies allegations of fraud during yesterday's hearing, including bribery of Chinese officials [More]

🌏 Sui launches a Testnet version running parallel with Mainnet, it will not be deleted after each update [More]

🌏 Polygon's zkEVM will not issue its own token but will use ETH to calculate gas fees [More]

🌏 Opensea will integrate NFT transactions on the Solana network in April [More]

🌏 Ronin Network launches RON staking gateway and introduces the first 5 game projects [More)]

🌏 Unstoppable Domains launches AI avatar as an NFT [More]

🌏 Binance Launchpool RDNT opens the BNB & TUSD staking gateway [More]
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🔥🔥Market briefings on Saturday - 01/04 🔥🔥

🌏 Bitcoin bounced back to $28,400 thanks to optimistic signals from PCE - a favorite inflation measure of the FED [More]

🌏 Do Kwon may face 5-year imprisonment in Montenegro for using fake documents [More]

🌏 NFT trading volume of Donald Trump increased by more than 500% after he was indicted [More]

🌏 Crypto exchange Bittrex suspends operations in the US due to regulatory constraints [More]

🌏 El Salvador officially eliminates taxes on AI and innovates technology [More]

🌏 UNICEF tests DAO operations on the Polygon blockchain [More]

🌏 China and Saudi Arabia finalize a $10 billion deal to build an oil refinery in Liaoning, northeastern China [More]

🌏 The State Bank of Vietnam continues to lower interest rates from April 3, with short-term lending rates reduced to 4.5% per year [More]
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🔥🔥 Market brief on Monday, 03/04 🔥🔥

🌏 Bitcoin closed the week with its highest candle at $28,171 and is currently trading at around $27,700 [More)]

🌏 The CFTC case is still ongoing, Binance and three KOLs are facing a billion-dollar lawsuit for promoting unregistered securities [More]

🌏 In just under 10 days, TVL on zkSync Era has skyrocketed, surpassing $100 million. Meanwhile, Polygon zkEVM is lagging behind with a TVL of $2.3 million [More]

🌏 Bybit plans to expand its exchange operations in Hong Kong [More]

🌏 Allbridge (ABR) suffered an attack, with losses estimated at around $570K [More]

🌏 Alchemy Pay (ACH) secures $10 million investment from DWF Labs to expand operations in South Korea [More]

🌏 Oil surges more than $5 per barrel after OPEC+ unexpectedly cuts production. The US responds, calling the move "unwise" [More]
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WEEK OF US LABOR REPORTS 🇺🇸

This week's economic calendar mainly focuses on the US labor market:

👉 9:00 PM Tuesday (04/04): JOLTS Job Openings Report

This is a survey on the Number of Job Openings and Labor Turnover in the US.

The Job Openings rate is forecasted to be 10.4 million, down 0.4 million from the previous period (10.8 million). The decrease shows that the demand for recruitment in the US is weakening.

👉 7:15 PM Wednesday (05/04): ADP Non-Farm Employment Change

ADP estimates the number of employed people in the US (excluding agriculture), which helps predict the Non-Farm Payrolls data the next day.

The forecast indicates that private companies will add only 208K positions, a decrease from 242K last month.

👉 7:30 PM Friday (07/04): Non-Farm Payrolls Report

It is predicted that the US will create 235K jobs, down from 311K last month. Meanwhile, the unemployment rate remains low at 3.6%.

This week's Non-Farm Payrolls report will be closely watched because it is the last labor market report that the Fed will consider before the May interest rate announcement.

🔥🔥 Market Briefing Tuesday - 04/04 🔥🔥

🌏 US industrial production index falls for the fifth consecutive month, hitting the lowest point since May 2020 during the COVID trough. [More]

🌏 CFTC sues Binance in a civil case, CZ denies rumors of being red-listed by Interpol. [More]

🌏 Japan warns four CEX exchanges for operating without a license. [More]

🌏 PancakeSwap launches V3 on BNB Chain & Ethereum. [More]

🌏 Injective launches Liquid Staking for its INJ token. [More]

🌏 Binance loses 16% of its spot market share in Q1/23 due to legal troubles and zero-fee trading program. [More]

🌏 Ethereum MEV bot attacked, suffering losses of about $25M. [More]

🌏 Re7 Capital & Republic Crypto set up a $100M fund to invest in mid-cap liquidity tokens. [More]

🌏 St. Louis Fed President: OPEC+ production cuts present challenges for Fed's inflation control. [More]
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🔥🔥 Market Update Wednesday - 04/05 🔥🔥

🌏 ETH breaks $1,900, BTC breaks $28,600, altcoins in green [More]

🌏 JOLTS job openings data drops sharply to 9.93 million, the lowest since May 2021, raising expectations that the Fed will keep interest rates unchanged in May [More]

🌏 RBA pauses interest rate hikes after 10 hikes, raising hopes that the tightening cycle is coming to an end [More]

🌏 OpenSea launches OpenSea Pro to compete with Blur, offers free NFT minting to users [More]

🌏 MetaMask updates with NFT display and ERC-721 token transfer feature [More]

🌏 3AC fund's OPNX exchange goes live, offering a FLEX token giveaway [More]

🌏 P2P exchange Paxful suspends operations due to regulatory barriers in the US [More]

🌏 Li.Fi protocol raises an additional $17.5M in Series A funding [More]

🌏 Polyhedra raises $15M to develop ZK bridge [More]
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🔥🔥 Market Briefing Friday 07/04 🔥🔥

🌏 At 7:30pm tonight, the Non-Farm Employment data will be released in the context of a job market decline with all indicators lower than expected. [More]

🌏 Binance withdraws derivative trading license in Australia, but spot trading is still ongoing as usual. [More]

🌏 Solana introduces a feature that significantly reduces the cost of minting NFTs, an effort to retain NFT projects wanting to leave the platform. [More]

🌏 Reddit will launch BST NFT Avatars Gen 3 on Polygon next week, following the success of previous releases. [More]

🌏 USDT supply reaches $80 billion, the highest level before the LUNA T5/2022 crash. [More]

🌏 "The use of CBDCs will be a driving force for more people to use blockchain," according to Citi Research. [More]

🌏 Japan passes the Web3 White Paper, promoting the growth of the crypto industry. [More]
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🔥🔥 Market Brief Monday - 10/04 🔥🔥

🌏 With just over 2 days to go until the Shanghai (Shapella) upgrade, the market is hesitant - will it sell the news? [More]

🌏 The Arbitrum community is voting to return 700M ARB to the DAO Treasury in an effort to restore trust in governance [More]

🌏 EOS blockchain is ready to launch the EVM mainnet on April 14th [More]

🌏 Lawyer Jeremy Hogan argues that XRP is not a security [More]

🌏 Financial giants such as Bank of America, BlackRock, Fidelity, invest $75M in MicroStrategy, indirectly showing their faith in Bitcoin? [More]

🌏 The Bank of England forms a team of 30 members to develop Britcoin - a digital pound [More]

🌏 Tensions in Taiwan: China conducts missile drills; French President calls on Europe not to get involved in Taiwan issue [More]
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🔥🔥Market Briefing Thursday - 20/04 🔥🔥

🌏 BTC closes the day below $29,000; Altcoins are in the red [More]

🌏 Sui has selected 180K users who meet the WL criteria, scheduled for mainnet launch and token unlock on 3/5/2023 [More]

🌏 Tesla did not sell any Bitcoin in Q1/2023, and still holds $184M worth of crypto assets (including 9,720 BTC) [More]

🌏 Sei partners with SpaceID, planning to launch the ***.sei domain [More]

🌏 PancakeSwap proposes changing the CAKE tokenomics, decreasing the staking reward to set the annual inflation rate at 3%-5% and sharing 5% of revenue with those who stake CAKE (Real yield) [More]

🌏 a16Z launches Magi Rollup Client solution on the Optimism Stack [More]

🌏 Merit Circle DAO launches Beam - a subnet on Avalanche, an infrastructure for Web3 Gaming [More]

🌏 AI project Fetch.ai is launching an AI trading tool for DEX exchanges [More]
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🔥🔥Market brief on Friday - 21/04 🔥🔥

🌏 Binance is being investigated in Brazil for aiding users in trading illegal futures [More]

🌏 DOGE drops nearly 10% after Elon Musk's Starship spacecraft unexpectedly explodes [More]

🌏 TVL on LSD platforms such as Agility, Frax, and Rocket Pool surged due to a large amount of unlocked ETH after Shapella [More]

🌏 Arbitrum's fee revenue surpasses Bitcoin and BSC, becoming the second chain with the highest fee revenue after Ethereum [More]

🌏 The Iron Fish secure blockchain officially launches its mainnet, offering a 2.25% airdrop to participants in the testnet [More]

🌏 Tornado Cash (TORN) dev is held abroad awaiting trial after 8 months of detention [More]

🌏 Bitcoin mining using nuclear energy will become popular in the US due to its low cost and environmental friendliness [More]
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