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πŸ”₯πŸ”₯ Brief Market Update - Friday, June 23rd πŸ”₯πŸ”₯

🌎 US Presidential candidate Robert F. Kennedy Jr. continues to support Bitcoin-related policies [More]

🌎 Fed Chair Powell maintains a cautious stance on interest rates during two congressional hearings

🌎 Binance Brazil's CEO is summoned to testify before the country's Congress [More].

🌎 CACEIS, a $4.51 trillion asset management company, registers for crypto custody services in France [More].

🌎 Optimism announces a reward of 30 million OP tokens for the winners of RetroPGF 3 project and individual categories [More].

🌎 Offchain Labs launches a tool to help projects build Layer 3 solutions using Arbitrum Orbit [More].

🌎 Wintermute strategically invests in the Vertex Protocol DEX [More].

🌎 SEC fines JP Morgan after the bank "accidentally" deletes 47 million customer records [More].
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πŸ”₯πŸ”₯ Brief Market Update - Friday, June 23rd πŸ”₯πŸ”₯

🌎 US Presidential candidate Robert F. Kennedy Jr. continues to support Bitcoin-related policies [More].

🌎 Fed Chair Powell maintains a cautious stance on interest rates during two congressional hearings.

🌎 Binance Brazil's CEO is summoned to testify before the country's Congress [More].

🌎 CACEIS, a $4.51 trillion asset management company, registers for crypto custody services in France [More].

🌎 Optimism announces a reward of 30 million OP tokens for the winners of RetroPGF 3 project and individual categories [More].

🌎 Offchain Labs launches a tool to help projects build Layer 3 solutions using Arbitrum Orbit [More].

🌎 Wintermute strategically invests in the Vertex Protocol DEX [More].

🌎 SEC fines JP Morgan after the bank "accidentally" deletes 47 million customer records [More].
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πŸ”₯πŸ”₯ Brief Market Update - Friday, June 30th πŸ”₯πŸ”₯

🌎 Strong US economy: Real GDP increased by 2%, higher than the previous report of 1.3%; Initial jobless claims dropped to 239K, the lowest level in the month

🌎 Fidelity officially refiles for the Bitcoin ETF fund, now named Wise Origin Bitcoin Trust [More]

🌎 Germany denies crypto custody license to Binance [More].

🌎 Derivatives giant CME prepares to launch futures contracts for the ETH/BTC pair [More].

🌎 3iQ ETF (Canada) partners with Coinbase to offer ETH staking services [More].

🌎 PancakeSwap expands to Polygon ZkEVM [More].

🌎 Coinbase's Layer 2 Base completes an audit, preparing for the mainnet launch [More].

🌎 Drift Protocol on Solana experiences significant growth due to the LSDFi trend-following service from Ethereum [More].

🌎 Melania Trump releases a collection of 3,000 NFTs to celebrate the US Independence Day on July 4th [More].
Binance’s market share fell further in June - More
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Affected by the Azuki incident, the NFT market fell sharply again in the past 24h. BAYC fell 16% and fell below 30 ETH, MAYC fell 20% and fell below 5 ETH, and Azuki fell 11% and fell below 6 ETH. The overall market value of the NFT market has fallen by 53% to 3.33million ETH in the past year. [More]
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Bitcoin Institutional Fund Accumulation Trends

"Monitoring fund holdings not only provides an understanding of the market sentiment but also highlights the confidence institutional investors have in Bitcoin as a long-term asset."
― Link
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πŸ”₯πŸ”₯ Brief Market Update - Monday, July 3rd πŸ”₯πŸ”₯

🌎 Poly Network Update: Network still remains SUSPENDED; 52 assets across 10 chains affected; Hacker cashed out over $4.39M worth of crypto assets [More]

🌎 Vitalik Buterin only stakes a small amount of ETH holdings due to security concerns [More]

🌎 Paradigm Fund reverses course by reintroducing the keyword "crypto" on its website [More]

🌎 NFT market continues to decline following the Azuki NFT controversy [More]

🌎 Mastercard is set to launch the Multi Token Network (MTN) - Initial trial for tokenized bank deposits involving cryptocurrencies, stablecoins, and CBDCs [More]

🌎 Investment funds in crypto hit the lowest level in a year in June, dropping to $520M [More]

🌎 Following Coinbase, Bittrex (Bankrupt) staunchly challenges SEC's jurisdiction in the lawsuit [More]

🌎 Lens Protocol proposes an additional layer of security for user profiles [More]

🌎 Twitter TEMPORARILY limits non-verified users to view only 600 tweets per day [More]
Bitcoin futures OI on the CME jumped 40% over past week in BTC terms, the third largest weekly growth since October 2019 β€” link
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πŸ”₯πŸ”₯ Brief Market Update - Tuesday, July 4th πŸ”₯πŸ”₯

🌎 BlackRock has amended and resubmitted its application for a Bitcoin spot ETF, naming Coinbase as the partnering exchange [More].

🌎 The world's largest Bitcoin ATM company, Bitcoin Depot, officially lists on Nasdaq [More]

🌎 Infrastructure becomes the most attractive sector for venture capital in June, breaking the 23-month streak of NFT/Gaming as the top destination [More].

🌎 NFT volume on Ethereum drops 18% to $534M in June, with Blur surpassing OpenSea for the fifth consecutive month [More].

🌎 Losses from the Poly Network hack exceed $10M [More].

🌎 Azuki DAO, unable to recover 20,000 ETH, gets attacked, resulting in a loss of 35 ETH [More].

🌎 Bitcoin Ordinals Launchpad platform introduces BRC-69 standard, reducing over 90% of Ordinals engraving costs [More].

🌎 TON blockchain introduces on-chain encrypted messaging feature [More].

🌎 Instagram's "copycat" Twitter app, Threads, is set to launch on July 6th [More].
Bitcoin Open Interest are up more than 28% since BlackRock's first ETF order.

"Derivatives traders may be dominating the current market momentum after a period of spot dominance."
― More
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πŸ”₯πŸ”₯ Brief Market Update - Thursday, July 6th πŸ”₯πŸ”₯

🌎 BlackRock CEO views Bitcoin as "digital gold," an alternative asset to other investment channels. Wants to work with the SEC to approve spot ETFs [More].

🌎 CZ predicts a surge in trading volume on Binance, expects an uptrend in the next 6-12 months [More].

🌎 CFTC prepares to sue Celsius and former CEO Mashinsky for violating US laws prior to bankruptcy [More].

🌎 Valkyrie resubmits the application for Bitcoin Spot ETF to the SEC, names Coinbase as a partnering exchange [More].

🌎 Starknet sets July 13th for the 0.12 upgrade, expecting a significant leap in transaction speed.

🌎 Pendle expands to BNB Chain, launches a pool on Pancakeswap with APR +180% [More].

🌎 dYdX DEX OFFICIALLY launches public testnet on Cosmos [More].

🌎 Binance Labs leads a $4M seed round investment in Blockchain company Web3Go [More].

🌎 Meta OFFICIALLY launches Threads, directly competing with Twitter [More].
CFTC investigators conclude crypto lender Celsius, ex-CEO broke rules β€” link
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An earlier period, a Whale deposited 1.5K $BTC ($48M) to Binance at $30.3K.

The amount was received back in early Jun at the entry of $25.5K.

It has moved out funds at $30K before, for a total profit of $12M.
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BlackRock CEO Larry Fink said Wednesday that he viewed the bitcoin as having the role of β€œdigitizing gold.” "We have a good track record working with our regulators and trying to make sure we're thinking about all the issues around any filing," he said in an interview with Fox. Nasdaq last week refiled a 19b-4 form for BlackRock's iShares Bitcoin Trust. β€” link
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Bitcoin Mining Around the World: United Arab Emirates. The United Arab Emirates is the fastest-growing bitcoin mining hub in the Middle East. At an assumed average energy efficiency of 30 J/TH, bitcoin miners in the UAE should generate about 13 EH/s, corresponding to 3.7% of the Bitcoin hashrate. Read more β€” link
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According to ASXN, MKR is up more than 40% in the past 7 days, due to the Smart Burn Engine proposal, the expansion of the Spark protocol, the deployment of the MKR repurchase contract, and the growth of fee capture (annualized revenue of $117m). A group of addresses with similar behavior received MKR from Coinbase (Prime), with 6 addresses currently accumulating 18.094k MKR worth $17.35 million over the past three weeks. β€” link
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πŸ”₯πŸ”₯ Brief market news on Friday (07/07) πŸ”₯πŸ”₯

🌎 Multichain urges users to revoke contracts on affected chains after a bridge attack resulted in a loss of $126M in crypto.

🌎 Jesse Powell, co-founder of Kraken exchange, is under investigation for allegations made by the art company he founded - The Verge (Unrelated to Kraken) [More]

🌎 Barnbridge (BOND) derivatives platform temporarily suspends operations as SEC launches an investigation [More]

🌎 The Twitter account of Aptos was hacked, and a misleading airdrop was conducted targeting users [More]

🌎 Binance will stop using deposit addresses on 38 networks and advises users to update their wallets upon receiving email notifications [More]

🌎 The US government returns $314K out of the $3.6 billion held from the 2016 Bitfinex hack [More]

🌎 Namibia becomes the next country to pass cryptocurrency regulations [More]

🌎 Elon Musk threatens to sue Meta over the launch of the Threads app, a Twitter "clone" [More]
Bitcoin Lightning Network developer Lightning Labs announced the launch of a new set of developer tools to enable the Lightning and AI developer communities to build global, inclusive, and out-of-the-box cost effective LLM (Large Language Model) tooling which seamlessly incorporates Lightning and bitcoin. β€” link
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NFT Gaint whale Machibigbrother sent a proposal in ApeCoin community: DAO acquires 1000 BAYC, 2000 Mutants, TBD Doggies and Punks, along with other notable NFT art to donate to museums and create a collection for worldwide exhibitions. β€” link
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How to monitor whale movements using On-Chain data

"Whales have a significant impact on price movements as they hold a large amount of BTCs ."
― Link
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πŸ”₯πŸ”₯SWAP TOKEN MULTI-CHAIN - Feature now available on the TrustKeys app since July 4thπŸ”₯πŸ”₯

πŸ”₯ TrustKeys Network and KyberSwap have joined forces and officially integrated the Swap feature into the TrustKeys app, aiming to provide a seamless and fast experience to TrustKeys Network users.

πŸš€ Users can now trade at the best rates on DeFi!

πŸ“² Quickly download the TrustKeys app to explore the new feature and take advantage of attractive rewards.

πŸ‘‰πŸ‘‰πŸ‘‰With this "Swap" feature, managing personal finances becomes more flexible and liberated than ever before.

πŸ’ͺ Don't forget to share this news with your friends and family to enjoy this new utility on TRUSTKEYS together!
More: Swap in TrustKeys
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