Coinatory

Sui, a Layer 1 blockchain developed by the team behind Meta's Diem crypto project, has rapidly risen to prominence in the decentralized finance (DeFi) sector. Launched less than a year ago, Sui recently entered the top 10 DeFi rankings on Tuesday, according to the project. The blockchain has seen its total value locked (TVL) soar by over 1,000% in just four months. This impressive growth has propelled Sui past long-established players like Bitcoin and Cardano, and even Coinbase's Layer-2 project, Base. With over $430 million in cryptocurrencies deposited in its DeFi protocols, Sui claimed the spot as the 10th largest blockchain in terms of TVL, although it has since dropped to the 11th position, just behind PulseChina, as per DeFi Llama's data. Greg Siourounis, the managing director of the Sui Foundation, expressed his Read more about Rapid Rise of Sui: Over 1,000% TVL Growth in Four Months #Altcoin, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations

On January 30th, the collaboration between Transak and Visa was announced, marking a significant step forward in addressing a major challenge in the widespread adoption of cryptocurrencies: the conversion of digital assets into traditional fiat currencies. Visa, a global leader in digital payments, has teamed up with Transak, a company renowned for developing crypto and NFT payment infrastructures, to facilitate direct crypto-to-card withdrawals in over 145 countries. This partnership is focused on bridging the gap between cryptocurrency markets and conventional financial systems. It highlights the need for efficient and regulated pathways to convert digital currencies like Bitcoin (BTC) into fiat currencies such as the U.S. dollar. While the industry has seen a surge in on-ramps that enable users to buy crypto with fiat, the Read more about Visa and Transak Forge Groundbreaking Alliance to Simplify Crypto-to-Fiat Conversion #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsCPI (YoY) (Q4)4.3%5.4%00:302 pointsCPI (QoQ) (Q4)0.8%1.2%00:302 pointsTrimmed Mean CPI (QoQ) (Q4)0.9%1.2%01:302 pointsChinese Composite PMI (Jan)---------50.301:302 pointsManufacturing PMI (Jan)49.349.001:302 pointsNon-Manufacturing PMI (Jan)50.650.413:153 pointsADP Nonfarm Employment Change (Jan)145K164K13:302 pointsEmployment Cost Index (QoQ) (Q4)1.0%1.1%14:453 pointsChicago PMI (Jan)48.047.215:303 pointsCrude Oil Inventories-0.867M-9.233M15:303 pointsCushing Crude Oil Inventories----------2.008M19:003 pointsFOMC Statement------------------19:003 pointsFed Interest Rate Decision5.50%5.50%19:303 pointsFOMC Press Conference  ------------------ Read more about Upcoming economic events 31 January 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

The stablecoin operator Tether has once again generated a substantial amount of USDT tokens on the Tron network. However, there's a twist: these tokens are not yet available for trading or transactions. According to data from LookOnChain, Tether has produced approximately $13 billion worth of new USDT tokens on both the Ethereum and Tron blockchains since October of the previous year. The latest addition to Tron's decentralized network, led by Justin Sun, amounts to $1 billion in USDT. Although the tokens have been minted, on-chain information indicates that the USDT tokens added to the Tron network on January 29th have not yet been released. This implies that the significant minting was done with future intentions, as confirmed by Tether's CEO, Paolo Ardoino. Ardoino's clarification, however, has not eliminated the Read more about Tether's $1 Billion USDT Minting on Tron Network Hints at Crypto Market Sentiment Shift #BillionUSDT, #Blockchain, #Cryptocurrency, #Cry

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsRetail Sales (MoM) (Dec)  -1.0%2.0%09:002 pointsECB's Lane Speaks  ------------------10:002 pointsGDP (YoY) (Q4)  0.0%0.0%10:002 pointsGDP (QoQ) (Q4)  -0.1%-0.1%11:452 pointsECB Supervisory Board Member Tuominen Speaks  ------------------14:002 pointsS&P/CS HPI Composite - 20 n.s.a. (YoY) (Nov)5.8%4.9%14:002 pointsS&P/CS HPI Composite - 20 n.s.a. (MoM) (Nov)---------0.1%15:003 pointsCB Consumer Confidence (Jan)115.0110.715:003 pointsJOLTs Job Openings (Dec)8.750M8.790M21:302 pointsAPI Weekly Crude Oil Stock----------6.674M23:502 pointsIndustrial Production (MoM) (Dec)  2.4%-0.9% Read more about Upcoming economic events 30 January 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

Sandeep Nailwal, the founder of Polygon, has identified two major factors crucial for the long-term success of Web3 in comparison to the current internet. Nailwal points out the significance of unlimited scalability and the capacity for blockchains to communicate effectively. He underscores the importance of allowing users the freedom to choose from a variety of decentralized profiles. In a recent post on a platform formerly known as Twitter, Nailwal stressed the need for user-focused design and interaction to improve usability. He also emphasized the necessity for blockchain networks to have interoperability, or the ability to seamlessly interact with each other. Nailwal stated, “Seamless user experience and cross-chain composability will be resolved soon. The combination of Ethereum and Rollups/Validium is the only approach to s Read more about Polygon's Vision: Scaling Web3 with Polygon's Advanced Technologies #Altcoin, #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket,

Authorities are highlighting the risks associated with the enticing but deceptive claims of AI-driven cryptocurrency trading systems, promising high or certain profits. The rise of automated trading software has prompted the Commodity Futures Trading Commission (CFTC) to issue an advisory to consumers, emphasizing that AI cannot predict market trends with certainty. The advisory, titled "AI Won't Turn Trading Bots into Money Machines," unveils the deceptive methods used to lure investors. It includes cases like Cornelius Johannes Steynberg's, who defrauded investors of over $1.7 billion in Bitcoin (BTC). The CFTC warns traders against the alluring but often empty promises of substantial returns from AI-enhanced tools. Melanie Devoe from the CFTC's Office of Customer Education and Outreach advises caution towards these AI claims, Read more about CFTC Highlights AI's Misuse in Crypto Trading, Calls for Prudent Oversight #Altcoin, #Bitcoin, #Blockchain, #CFTC, #C

Ripple (XRP) seems to be laying the foundation for a potential XRP exchange-traded fund (ETF) in the future. The company recently advertised a vacancy for a Senior Manager for Business Development, specifying a crucial responsibility as leading initiatives related to cryptocurrency ETFs with internal trading groups and external partners. This move has sparked discussions in the cryptocurrency sector about whether Ripple is adjusting its strategy to align with the dynamic world of crypto. This strategic shift comes at a time when Ripple is embroiled in a significant legal battle with the U.S. Securities and Exchange Commission (SEC). This confrontation is widely believed to potentially lead to more defined regulations and pave the way for the approval of additional crypto ETFs, including those beyond Bitcoin's current spot Read more about Ripple Sets Stage for Potential XRP ETF #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious13:102 pointsECB's De Guindos Speaks  ------------------ Read more about Upcoming economic events 29 January 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

The Binance Smart Chain (BSC) showcased impressive growth across several key indicators in the last quarter of 2023, as detailed in a thorough analysis by Messari. As the world's third-largest Layer-1 protocol in terms of market value, BSC saw noteworthy improvements in its financial metrics, indicating a successful quarter for the blockchain network. Messari's report points out a striking 48% increase in BSC’s market capitalization quarter-over-quarter. This upswing is a sign of renewed investor interest in BNB (Binance Coin), BSC's native currency, after facing declines in the previous two quarters. Additionally, BSC’s revenue in US dollars climbed by 27% from the previous quarter. This jump, totaling over $39 million in the fourth quarter, suggests heightened protocol activity and the effective roll-out of various ini Read more about Binance Smart Chain's Impressive Growth in Q4 2023 #Altcoin, #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #

Investment enthusiasm for the recently launched Bitcoin spot exchange-traded funds (ETFs) is diminishing, as evidenced by a recent net withdrawal of $80 million. Bloomberg has reported that these Bitcoin ETFs initially experienced a substantial $270 million influx on Wednesday. Yet, when considering the withdrawals from Grayscale Investment’s Bitcoin ETF, the net outflows reached approximately $153 million on the same day. This trend of net outflows persisted, with a $80 million withdrawal noted today, marking a fourth consecutive day of net reductions across these funds. Particularly, these outflows were exclusively from the Grayscale Bitcoin Trust (GBTC), which evolved into an ETF following approval from the U.S. Securities and Exchange Commission. Since its conversion on January 11, GBTC, which has been operational for over ten y Read more about Bitcoin Spot ETFs Face $80 Million Net Outflow #Bitcoin, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Dtc, #News, #SpotEtf

Cryptocurrency trading platform OKX has recently announced a strategic shift, leading to the phasing out of its mining pool and associated services. This decision is part of the company's ongoing business realignments, especially in light of the imminent Bitcoin halving event. The formal announcement, made on January 26, indicated that OKX will no longer accept new registrations for its mining pool services, with a final service date set for existing users on February 25. After this date, all functions related to the mining pool will cease operations. OKX expressed regret for any inconvenience this decision might cause, citing the need for business adjustments as the primary reason for discontinuing these services. In the landscape of Bitcoin mining pools, OKX had achieved significant standing. According to Mining Pools data, Read more about OKX Announces Closure of Mining Pool Services Ahead of Bitcoin Halvin #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday,

Bitwise, a leader in the financial technology sector, recently made headlines by openly sharing the wallet address for its Bitcoin Exchange-Traded Fund (ETF). This marked the first occasion a company in this space has taken such a step. Following this announcement, the wallet unexpectedly started receiving Bitcoin donations from enthusiastic supporters of the ETF. Interestingly, these contributions were not just limited to small Bitcoin amounts like 0.00042069 BTC. The wallet also accumulated a variety of BRC-20 tokens, Bitcoin-themed domain names, and an assortment of Bitcoin-related Non-Fungible Tokens (NFTs). These spontaneous donations collectively surpassed the $5,000 mark in value. Matt Hougan, the Chief Investment Officer at Bitwise, highlighted that these additional assets will be channeled for the benefit of BITB fund Read more about Bitwise Innovates in Crypto ETF Space #Bitwise, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #ETF, #Regulations

Mark Scott, a lawyer with ties to the infamous Onecoin cryptocurrency, has received a ten-year prison sentence. He's been charged with diverting $400 million from the Onecoin initiative to fund an extravagant lifestyle. During his trial, the judge raised questions about Scott's decision to sell his Porsche and move money to the Cayman Islands, arguing that this money should have been used to reimburse victims of Onecoin. In a plea of innocence, Mark Scott's attorneys have repeatedly stated that he was oblivious to Onecoin being a scam. They maintain that he did not know OneCoin was a fraudulent operation. OneCoin, under the leadership of co-founder Ruta Ignatova, gathered more than $4 billion between 2014 and 2016. Ignatova, known as the "Cryptoqueen," has been off the radar since vanishing six years ago. In June 2022, she Read more about Mark Scott Sentenced to 10 Years for Onecoin Money Laundering #Altcoin, #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket,

The enthusiasm for Spot Bitcoin ETFs, initially ignited in the U.S., has now reached international shores, notably Hong Kong. Here, regulatory bodies have shown a welcoming stance towards such products, spurring local companies to vie for the position of early leaders in this emerging market. Two prominent asset management firms based in Hong Kong, Value Partners Group and Venture Smart Financial Holdings (VSFG), have agreed to work together. Their collaboration aims to introduce traditional investment mechanisms, but with a twist – these will be backed by digital assets, catering to both retail and institutional investors in the region. At the forefront of their agenda is the potential launch of ETFs tracking the direct value of Bitcoin (BTC). This initiative aligns with a statement released to crypto.news. June Wong, CEO of V Read more about Hong Kong Embraces Spot Bitcoin ETFs #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations

In a progressive yet careful move, the Bank of England along with the U.K. Treasury is advancing their examination of a potential digital pound, emphasizing on conducting thorough research and laying the necessary legislative foundation, while maintaining a non-committal stance regarding its actual implementation. Through their recent feedback on a consultation concerning a digital pound proposal, the Bank of England and the U.K. Treasury have showcased a methodical and exploratory methodology in the development of a central bank digital currency (CBDC). This feedback, which addresses a consultation document dated February 2023, demonstrates an ongoing interest in the concept of a digital pound, but refrains from making an unequivocal commitment to its creation. The approach of the Bank of England and Treasury is marked by the Read more about Bank of England and Treasury Deliberate Over Launch of Digital Pound with Cautious Strategy #CBDC, #Cryptocurrency, #Cryptomarket, #Cryptonewstod

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious13:303 pointsCore PCE Price Index (MoM) (Dec)0.2%0.1%13:303 pointsCore PCE Price Index (YoY) (Dec)3.0%3.2%13:302 pointsPCE Price index (YoY) (Dec)2.6%2.6%13:302 pointsPCE price index (MoM) (Dec)0.2%-0.1%13:302 pointsPersonal Spending (MoM) (Dec)0.4%0.2%15:002 pointsPending Home Sales (MoM) (Dec)1.5%0.0%16:302 pointsAtlanta Fed GDPNow (Q1)  ------------------18:002 pointsU.S. Baker Hughes Oil Rig Count---------49718:002 pointsU.S. Baker Hughes Total Rig Count---------62020:302 pointsCFTC Crude Oil speculative net positions---------162.0K20:302 pointsCFTC Gold speculative net positions---------179.9K20:302 pointsCFTC Nasdaq 100 speculative net positions---------36.6K20:302 pointsCFTC S&P 500 speculative net positions----------169.2K20:302 pointsCFTC AUD speculative net p Read more about Upcoming economic events 26 January 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

On January 24, 2024, the latest data from Grayscale's website reveals that their Bitcoin fund holds 536,694.93 BTC, currently valued at about $21.01 billion. This marks a decrease from the previous day's holding of 552,681.22 BTC, indicating a substantial outflow of 15,986.29 BTC, worth over $635 million on Tuesday. Rewinding to January 12, Grayscale's fund had 617,079.99 BTC, which means there's been a notable reduction of 80,385.06 BTC since then, equivalent to a $3.19 billion drop in value. Notably, on Tuesday, Grayscale's GBTC led the pack among ten spot bitcoin exchange-traded funds (ETFs) in trading volume, with a remarkable turnover of $762 million. The combined trading volume for all these ten ETFs hit $1.6 billion on January 23. Fidelity's FBTC followed closely, recording $357 million in trades. Blackrock's latest update Read more about Grayscale's Bitcoin Fund Dips to $21 Billion with Major BTC Outflow #Altcoin, #Bitcoin, #Blockchain, #Cryptocu

The U.S. Securities and Exchange Commission (SEC) has greenlighted several Bitcoin ETFs, with products from BlackRock and Fidelity outperforming others significantly, as Grayscale's Bitcoin Trust (GBTC) experiences notable outflows. BlackRock and Fidelity have emerged as leaders in the space, attracting $1.9 billion and $1.6 billion respectively in inflows for their spot Bitcoin ETFs. These two financial giants lead the pack among ten asset management firms sanctioned by the SEC to offer such products. In contrast, crypto-focused Bitwise and the ARK 21Shares, supported by Cathie Wood, trail far behind, each managing to draw in over $500 million. According to Bloomberg's January 24 report, Fidelity's Wise Origin Bitcoin Fund (FBTC) and BlackRock's iShares Bitcoin Trust (IBIT) accounted for a significant 70% of all investments Read more about BlackRock and Fidelity Lead the Race in SEC-Approved Bitcoin ETF #Bitcoin, #BitcoinETF, #BlackRock, #Cryptocurrency, #Cryptomarket,

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious13:153 pointsDeposit Facility Rate (Jan)4.00%4.00%13:152 pointsECB Marginal Lending Facility---------4.75%13:152 pointsECB Monetary Policy Statement  ------------------13:153 pointsECB Interest Rate Decision (Jan)4.50%4.50%13:302 pointsBuilding Permits1.495M1.467M13:302 pointsContinuing Jobless Claims1,828K1,806K13:303 pointsCore Durable Goods Orders (MoM) (Dec)0.2%0.5%13:302 pointsDurable Goods Orders (MoM) (Dec)1.1%5.4%13:303 pointsGDP (QoQ) (Q4)  2.0%4.9%13:302 pointsGDP Price Index (QoQ) (Q4)  2.3%3.3%13:302 pointsGoods Trade Balance (Dec)-88.70B-90.27B13:303 pointsInitial Jobless Claims200K187K13:302 pointsRetail Inventories Ex Auto (Dec)  ----------0.9%13:453 pointsECB Press Conference  ------------------15:003 pointsNew Home Sales (Dec)645K590K15:002 pointsNew Home Sales (MoM) Read more about Upcoming economic events 25 January 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

On January 23, ARK Invest's CEO Cathie Wood shared her insights with CNBC on Tesla’s leadership, the impact of new Bitcoin ETFs, and her unwavering confidence in Bitcoin’s future. Key Insights from Cathie Wood's Interview: Elon Musk's Leadership and Tesla's Direction Cathie Wood praised Elon Musk, labeling him as a modern-day visionary and a significant inventor. She highlighted the crucial role of visionary leadership in today's market, which is often focused on short-term results. Wood sees such leaders as essential for making bold investments to seize major opportunities. In response to Musk's aim for 25% voting control at Tesla to advance AI objectives, Wood expressed her support. She emphasized the importance of visionary leaders like Musk in challenging short-term focused shareholders, deeming their forward-looking pe Read more about Cathie Wood Hails Elon Musk's Vision in Shaping Tesla's AI Future #Adoption, #Altcoin, #Bitcoin, #Cryptocurrency, #C

Arthur Hayes, the founder of BitMEX, has recently revamped his crypto portfolio, indicating his confidence in specific support levels for Bitcoin. He believes that Bitcoin will stabilize in the range of $30,000 to $35,000. Acting on this belief, he has actively adjusted his investments to both safeguard his assets and leverage possible market shifts. On March 29, 2024, Hayes chose to buy Bitcoin options worth $35,000, aiming to mitigate potential losses. This cautious move reflects his strategy to navigate the market's unpredictability prudently. In a shift of strategy, Hayes also decided to divest his positions in Solana and Bonk. Though this resulted in minor losses, it's seen as a tactical move to realign his investment focus and manage risks more effectively. Hayes has also expressed his intention to "buy the dip" should Read more about Arthur Hayes Predicts Bitcoin Support Between $30K-$35K, Adjusts Portfolio #Altcoin, #Bitcoin, #Blockchain, #Cryptocurrency, #Cry

Coinbase, a leading cryptocurrency exchange, has recently declared its intention to expand the variety of Ethereum execution clients it uses in its infrastructure. This move is a strategic response to the growing influence of Geth (go-ethereum) within the Ethereum network, a trend that has sparked debate among industry experts. Originally, Geth was the sole Ethereum (ETH) execution client that matched the technical specifications required by Coinbase for Ethereum staking. Since its establishment, Coinbase Cloud has rigorously assessed various execution clients, but until now, none have met their stringent criteria. This exclusive reliance on Geth is reflected across the network, with about 84% of Ethereum validators using Geth. However, a shift in this trend is now observable. Geth's vital role in the Ethereum network involves Read more about Coinbase Targets Ethereum Client Diversification to Mitigate Centralization Issues #Blockchain, #Coinbase, #Cryptocurrency, #Cryptomarket, #C

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsau Jibun Bank Japan Services PMI  ---------51.509:002 pointsHCOB Eurozone Manufacturing PMI (Jan)  44.844.409:002 pointsHCOB Eurozone Composite PMI (Jan)  48.847.609:002 pointsHCOB Eurozone Services PMI (Jan)  49.048.814:453 pointsS&P Global US Manufacturing PMI (Jan)  47.947.914:452 pointsS&P Global Composite PMI (Jan)  ---------50.914:453 pointsS&P Global Services PMI (Jan)  51.051.415:303 pointsCrude Oil Inventories-3.000M-2.492M15:302 pointsCushing Crude Oil Inventories----------2.099M18:002 points5-Year Note Auction---------3.801% Read more about Upcoming economic events 24 January 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

A major investor, recently liquidated their entire stash of 213,695 Lybra Finance (LBR) tokens. This transaction, completed in a mere six minutes through four separate deals, earned the investor a total of 86.45 ETH, equivalent to about $201,000. The tokens were sold at an average price of $0.939 each. At the time of reporting, LBR is trading at $0.9228. This investor had initially acquired these LBR tokens in two separate purchases on November 19 and December 27, 2023, spending a total of 125 ETH. The average purchase price then was $1,215. However, this recent divestment turned out to be a financial setback for the investor. The return on investment (ROI) from these latest transactions was -28.2%, leading to a loss of 38.5 ETH, or roughly $85.3 thousand, in just two months. This sell-off coincided with a 12% decline in LBR's Read more about Quick Sale of LBR Tokens Leads to $85.3K Loss for Investor #Altcoin, #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday,

Recently, the cryptocurrency sector has undergone a noticeable downturn, particularly impacting gaming tokens amidst Bitcoin nearing the $40,000 threshold. On Monday, the digital currency market saw a downturn, significantly affecting gaming tokens as Bitcoin edged closer to $40,000, as per CoinGecko's analysis. Among the affected, Immutable's IMX token witnessed an 8% drop to $1.80, while Beam (BEAM) and Gala Games (GALA) both experienced approximately 7% declines. The governance token of Axie Infinity, AXS, decreased by over 6%, and its in-game SLP reward token fell by 7%. Contrasting this trend, Ronin (RON) rose by 34% over the past week, reaching $2.32, catapulting it into the top 100 cryptocurrencies. It achieved a peak of $2.52 on Sunday, its highest value since February 2022. These fluctuations within the gaming token Read more about Crypto Downturn Hits Gaming Tokens as Bitcoin Nears $40K #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Game, #News, #Regulations

Coin Center, an eminent research and advocacy group in the digital currency field, has raised substantial objections against the Financial Crimes Enforcement Network's (FinCEN) recent proposition. This proposal seeks to classify specific digital currency transactions as primary money laundering concerns (PMLC), especially focusing on cryptocurrency mixing. Coin Center criticizes the rule for its unprecedented, overly wide-ranging scope and potential infringement on constitutional rights. This rule represents the first instance since Congress established the 311 power 23 years ago, where FinCEN designates a whole category of transactions as a PMLC. Coin Center points out the absence of previous cases, highlighting the legal uncertainties for those who might unintentionally engage in transactions now considered PMLC, risking severe Read more about Coin Center Challenges FinCEN's Overreaching Virtual Currency Mixing Rule #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Re

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsNAB Business Confidence (Dec)----------902:302 pointsBoJ Monetary Policy Statement  ------------------02:302 pointsBoJ Interest Rate Decision-0.10%-0.10%03:002 pointsBoJ Outlook Report (YoY)  ------------------05:002 pointsBoJ Core CPI (YoY)2.8%2.7%06:302 pointsBoJ Press Conference  ------------------18:002 points2-Year Note Auction---------4.314%21:302 pointsAPI Weekly Crude Oil Stock---------0.483M21:452 pointsCPI (YoY) (Q4)4.7%5.6%21:452 pointsCPI (QoQ) (Q4)0.5%1.8%23:502 pointsAdjusted Trade Balance-0.45T-0.41T23:502 pointsExports (YoY) (Dec)9.1%-0.2%23:502 pointsTrade Balance (Dec)-122.1B-776.9B Read more about Upcoming economic events 23 January 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

Lucie, the marketing lead for Shiba Inu, recently emphasized the merits of including SHIB in the upcoming X Payments service. This statement comes as the Shiba Inu community actively campaigns for SHIB's incorporation into Elon Musk's soon-to-be-launched payments feature. Despite the absence of a formal confirmation about X Payments supporting cryptocurrencies, supporters of Shiba Inu are fervently advocating for SHIB's integration into this new service. In a recent tweet, Lucie used the X platform to outline the reasons why SHIB is a fitting choice for X Payments. She highlighted SHIB's significant daily engagement rates as a key factor for its inclusion as a payment option. Lucie's comments were in response to a tweet by Musk, where he boasted about X being a primary source for breaking news. source Read more about Lucie Advocates for SHIB in X Payments #Altcoin, #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations

Trezor, a prominent hardware wallet provider, recently reported a breach in its external support ticket system. This security lapse, as detailed in a Trezor blog post, resulted in the unauthorized disclosure of contact details for approximately 66,000 users during a phishing expedition. These affected individuals are likely those who have engaged with Trezor's support since late 2021. Founded in 2013 by the Czech-based Satoshi Labs, Trezor reassured that no digital assets were jeopardized in this event. In response to the breach, Trezor is conducting a thorough investigation in collaboration with the involved third-party service. Concurrently, the company has proactively notified all impacted users via email about the incident and the potential exposure of their contact information to phishing risks. This step reflects Trezor's Read more about Trezor Confronts Security Breach, Protects Digital Assets Amid Phishing #Bitcoin, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #New

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious01:152 pointsPBoC Loan Prime Rate3.45%3.45%14:002 pointsECB President Lagarde Speaks  ------------------15:002 pointsUS Leading Index (MoM) (Dec)-0.3%-0.5% Read more about Upcoming economic events 22 January 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

The Denver-based leader of an online church, Victorious Grace Church, is implicated in a scheme involving the sale of the essentially worthless INDXcoin cryptocurrency, pocketing a significant portion of the funds. As reported by The Denver Post, Eli Regalado, the mind behind INDXcoin and the Kingdom Wealth Exchange, faces accusations of securities fraud. Regalado is alleged to have misled digital investors by assuring them that buying his coin would quickly result in a "miracle." He used his religious sermons and persuasive language to convince followers that investing in INDXcoin was a step towards "the kingdom," promising substantial financial returns. By November 2023, the exchange and the cryptocurrency venture had ceased operations, leaving investors in the dark. The lawsuit filed in Denver District Court by Tung Chan, Read more about Denver Online Church Leader Faces Fraud Charges for Selling Worthless Crypto #Cryptocurrency, #Cryptomarket, #Cryptonewstoday,

On January 19th, a noticeable presence of "X Payments" was observed on a social media platform, indicating Elon Musk's ongoing efforts to secure money transmitter licenses throughout the United States. This move appears to be in line with Musk's ambitious plans for X, especially following his significant $44 billion acquisition in 2022. He envisions X as a key player in the global financial sector. Despite no official confirmation, experts in the cryptocurrency field suggest that digital assets might be a part of these strategies. However, Musk has emphasized a greater focus on fiat currency transactions in terms of technical development. X has been proactive in obtaining numerous money-transmitter licenses, with successes in several states, including Utah. Musk's influential social media enterprise has also collaborated with Read more about Elon Musk's X Appears to Launch Specialized Payments Portal #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Elon, #El

Trading derivatives based on Bitcoin (BTC) Exchange Traded Funds (ETFs) may soon see a rise, following the green light from the U.S. Securities and Exchange Commission (SEC). This move has enabled the listing of various funds classified as “non-security commodities” on American exchanges. Nasdaq has taken proactive steps by filing 19b-4 forms with the SEC. These filings aim to modify listing regulations, paving the way for derivatives trading anchored in Bitcoin-based ETFs. In response to these proposed regulatory alterations, the SEC has initiated a public consultation period, lasting 21 days, to gather public opinion and feedback. James Seyffart, an ETF specialist, has suggested that a decision on these applications could be made by the SEC as early as the end of February. However, there's also a possibility of a delay until Sep Read more about SEC Recognizes Nasdaq’s Proposal for Spot Bitcoin ETF Options Trading #Bitcoin, #Blockchain, #BTC, #BTCETF, #Cryptocurrency, #Cryptomarke

On the fifth trading day, issuers of the Spot Bitcoin exchange-traded fund (ETF) increased their crypto holdings by a net of 10,667 Bitcoin, as trading volumes continued to rise. According to data compiled by the CC15Capital Twitter account (formerly X), on January 17, they added a total of $440 million worth of Bitcoin to their portfolios. Notably, BlackRock's ETF led the way with the acquisition of 8,700 BTC, valued at nearly $358 million. The cumulative data reveals that, excluding Grayscale, nine ETFs have collectively purchased close to 68,500 BTC since their inception, currently amounting to approximately $2.8 billion. However, the positive momentum from ETF-related Bitcoin acquisitions was tempered by ongoing outflows from the Grayscale Bitcoin Trust (GBTC), which saw the offloading of 10,824 BTC, equivalent to roughly Read more about Spot Bitcoin ETF Issuers Boost Holdings by 10,667 BTC on Fifth Trading Day #Adoption, #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #

Manta Network, innovatively crafted by P0xeidon Labs as a layer-2 blockchain solution, has recently showcased its resilience by effectively countering a significant distributed denial-of-service (DDoS) attack. This challenge arose in tandem with the introduction of the network’s token on various prominent trading platforms. P0xeidon Labs' co-founder, Kenny Li, highlighted on January 18th that the network experienced an extraordinary surge in remote procedure call (RPC) requests, totaling 135 million. Li characterized this situation as “an intense and strategically timed assault.” Despite this, he confirmed the unwavering security of the blockchain operations, ensuring the safety of all assets. He did note, however, a temporary disruption in the communication between applications and the blockchain system. Li's message to the co Read more about The Manta network faces a major DDoS attack #Attack, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #DDoS, #DDoSAttack, #Manta, #Mant

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious09:302 pointsECB McCaul Speaks  ------------------10:002 pointsECB President Lagarde Speaks  ------------------15:003 pointsExisting Home Sales (Dec)3.82M3.82M15:002 pointsExisting Home Sales (MoM) (Dec)---------0.8%15:002 pointsMichigan 1-Year Inflation Expectations (Jan)  ---------3.1%15:002 pointsMichigan 5-Year Inflation Expectations (Jan)  ---------2.9%15:002 pointsMichigan Consumer Expectations (Jan)  ---------67.415:002 pointsMichigan Consumer Sentiment (Jan)  70.069.718:002 pointsAtlanta Fed GDPNow (Q4)  ------------------18:002 pointsU.S. Baker Hughes Oil Rig Count---------49918:002 pointsU.S. Baker Hughes Total Rig Count---------61920:302 pointsCFTC Crude Oil speculative net positions---------169.7K20:302 pointsCFTC Gold speculative net positions---------188.6K20:302 pointsC Read more about Upcoming economic events 19 January 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

During a CNBC interview at Davos 2024 on January 17, JPMorgan CEO Jamie Dimon once again expressed skepticism about Bitcoin. Dimon put forth a peculiar hypothesis, suggesting the potential for Bitcoin's elimination after reaching its 21 million coin cap. He humorously speculated, "Once we hit that number of 21 million Bitcoins, I can almost envision [Satoshi Nakamoto] appearing, laughing out loud, then suddenly everything goes silent, and all Bitcoin vanishes." Furthermore, Dimon questioned the certainty of Bitcoin's issuance stopping at 21 million, expressing doubt about its finite nature. "Who can confidently claim that Bitcoin issuance will halt at 21 million? I've yet to meet anyone who can assert that with absolute certainty," he remarked. During the panel, CNBC's "Squawk Box" host Joe Kernen highlighted that the final Read more about JPMorgan's CEO Bitcoin Skepticism at Davos 2024 #Adoption, #Bitcoin, #Cryptocurrency, #Cryptomarke

Gemini, a cryptocurrency exchange co-founded by the renowned Winklevoss twins, has successfully garnered approval from French regulators to initiate its operations in France. This development was highlighted in a CNBC report, indicating that the Autorite des marches financiers (AMF) has recently recognized Gemini as a certified provider of virtual asset services. The exchange is gearing up to fully launch its platform for French clientele, anticipating to complete all preliminary measures in the forthcoming weeks. Once operational, Gemini is set to offer French investors access to a diverse portfolio of over 70 cryptocurrencies, available through its website and mobile app. Additionally, the more advanced ActiveTrader platform will also be accessible. This expansion into the European Union market by Gemini is reflective of a Read more about Gemini Crypto Exchange Expands to France #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #French, #Gemini, #News, #Regulations

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsEmployment Change (Dec)17.6K61.5K00:302 pointsFull Employment Change (Dec)---------57.0K00:302 pointsUnemployment Rate (Dec)3.9%3.9%04:302 pointsIndustrial Production (MoM) (Nov)-0.9%1.3%12:302 pointsFOMC Member Bostic Speaks  ------------------12:302 pointsECB Publishes Account of Monetary Policy Meeting  ------------------13:302 pointsBuilding Permits (Dec)  1.480M1.467M13:302 pointsContinuing Jobless Claims1,845K1,834K13:302 pointsHousing Starts (MoM) (Dec)---------14.8%13:302 pointsHousing Starts (Dec)1.426M1.560M13:303 pointsInitial Jobless Claims207K202K13:303 pointsPhiladelphia Fed Manufacturing Index (Jan)-7.0-10.513:302 pointsPhilly Fed Employment (Jan)----------1.715:152 pointsECB President Lagarde Speaks  ------------------16:003 pointsCrude Oil Invento Read more about Upcoming economic events 18 January 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

Howard Lutnick, the chief executive officer of Cantor Fitzgerald LP, has verified the financial solidity of Tether Holdings. Lutnick's company, which serves as the custodian for Tether, has affirmed the consistency of Tether's financial reports with their declared assets. As per the latest data in June, Tether's assets were reported to be around $86 billion, a substantial amount aimed to underpin the $83 billion in circulation of its USDT stablecoin. Cantor Fitzgerald is instrumental in overseeing a significant portion of Tether's assets. This validation is crucial, especially considering the long-standing doubts about Tether's claim of having a one-to-one dollar backing for its stablecoin. In a Bloomberg Television interview, Lutnick stated with confidence that Tether possesses the funds it claims to have. He stressed that his Read more about CEO of Cantor Fitzgerald Validates Financial Stability of Tether #CantorFitzgerald, #Cryptonewstoday, #News, #Regulations, #

Bloomberg Intelligence has revealed that Grayscale's Bitcoin ETF is experiencing substantial outflows, with a total of about $579 million withdrawn. This figure is particularly noteworthy in the wider Bitcoin ETF market landscape. In contrast, other direct Bitcoin ETFs have seen a surge in investments, totaling close to $819 million. This sharp contrast in investment trends highlights a critical reevaluation of Grayscale's Bitcoin ETF performance following its SEC approval. Although the ETF initially saw a high trading volume of over $2.3 billion on its first day, enthusiasm seems to have waned, as indicated by these recent withdrawals, suggesting a change in investor confidence. Analysts had previously predicted that more than $1 billion might be withdrawn from the fund in the following weeks, a forecast that aligns with the Read more about Bloomberg Reveals Substantial Outflows from Grayscale's Bitcoin ETF #Bitcoin, #BitcoinETF, #Blockchain, #Bloomberg, #BTC, #BTCETF, #Cr

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious02:002 pointsFixed Asset Investment (YoY) (Dec)2.9%2.9%02:002 pointsGDP (QoQ) (Q4)1.0%1.3%02:003 pointsGDP (YoY) (Q4)5.3%4.9%02:002 pointsChinese GDP YTD (YoY) (Q4)---------5.2%02:002 pointsIndustrial Production (YoY) (Dec)6.6%6.6%02:002 pointsChinese Industrial Production YTD (YoY) (Dec)---------4.3%02:002 pointsChinese Unemployment Rate (Dec)5.0%5.0%02:002 pointsNBS Press Conference  ------------------10:002 pointsCore CPI (YoY) (Dec)3.4%3.6%10:002 pointsCPI (MoM) (Dec)0.2%-0.6%10:003 pointsCPI (YoY) (Dec)2.9%2.4%12:002 pointsOPEC Monthly Report  ------------------13:303 pointsCore Retail Sales (MoM) (Dec)0.2%0.2%13:302 pointsExport Price Index (MoM) (Dec)-0.6%-0.9%13:302 pointsImport Price Index (MoM) (Dec)-0.5%-0.4%13:302 pointsRetail Control (MoM) (Dec)---------0.4%13:303 poi Read more about Upcoming economic events 17 January 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

Elon Musk's company, X Payments LLC, has secured the Money Transmitter License from the state of Utah, marking a significant step in its mission to introduce digital banking services in the United States and globally. The effective date of the X Payments license is January 12, and it is expected to remain valid for at least the entirety of the year. This approval aligns X Payments' plans to operate in Utah with its approvals in other key states like Wyoming, Rhode Island, Michigan, New Hampshire, and Missouri. In Utah specifically, X Payments had applied for licensing on three occasions, achieving an impressive approval rate of over 66%. Prior to this successful application, the Utah Department of Financial Institution (DFI) had rejected X Payments' bid to offer related services in 2023, as indicated in its archives. Despite Read more about X Payments Triumph: Secures Money Transmitter License in Utah #Adoption, #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #Crypto

Coinbase, a leading digital asset exchange, plays a central role in the world of Bitcoin ETFs, holding custody for eight out of eleven sanctioned ones. This prominent position in the ETF market is not limited to custodianship; it also extends to a broad range of services including trading and lending, especially highlighted in their collaboration with major industry player BlackRock. Concerns, however, are surfacing from blockchain experts and ETF consultants regarding Coinbase's extensive responsibilities. This concentration of duties in a single platform is seen as a potential risk, a viewpoint echoed by the SEC. The SEC has raised issues about the risk associated with Coinbase's dominance in ETF custody, and has been involved in legal actions against the company, challenging its operation as an unregistered exchange and Read more about Coinbase's Dominance in Bitcoin ETF Custodianship Raises Concerns #BitcoinETF, #Blockchain, #BTC, #Coinbase, #Cryptocurrency, #Cryptomark

A recent disclosure by a software engineer unveiled an elaborate scam involving game downloads, particularly targeting web3 gaming platforms. This scheme was initiated through a message from a now-inactive Twitter account, @ameliachicel, offering a job. The role was for a Solidity developer for a web3 game named MythIsland, with its details on a professional-looking website, mythisland[.]io. The site featured striking visuals and active links, presenting an in-depth overview of the game, encompassing its digital economy and NFT components. The project team, appearing fully disclosed, added a sense of trustworthiness. This incident gained prominence when 0xMario, an independent developer and victim of the scam, shared it online, leading to a surge in similar scam reports. Subsequent discussions about the game and the job offer Read more about Web3 Gaming Scam Exposed: Developer Unmasks Sophisticated MythIsland Download Scheme #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsBuilding Approvals (MoM)1.6%7.5%10:002 pointsZEW Economic Sentiment (Jan)21.923.013:302 pointsNY Empire State Manufacturing Index (Jan)-4.90-14.5016:002 pointsFed Waller Speaks  ------------------21:452 pointsElectronic Card Retail Sales (MoM) (Dec)---------1.6% Read more about Upcoming economic events 16 January 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

Experts are skeptical about a swift resolution to Coinbase's legal tussle with the U.S. Securities and Exchange Commission (SEC), pointing to the difficulty of proving that the tokens listed are not securities. According to the Wall Street Journal, Coinbase's request for dismissal, slated for January 17, is viewed as a long shot by legal and financial insiders. Lisa Bragança, a lawyer and former SEC enforcement branch chief, expressed doubt that the case would be dismissed, citing the substantial challenge Coinbase faces in proving that the assets listed on its platform are not securities. “Coinbase is claiming that the types of coins it lists on its platform are not securities, and proving that is going to be very challenging.” - Lisa Bragança In a related development, Mizuho Securities analyst Dan Dolev highlighted that almos Read more about Wall Street Journal: Coinbase's Dismissal Request Seen as Unlikely #Altcoin, #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket,

Vanguard, a global leader in asset management, consistently expresses its skepticism towards Bitcoin. The firm recently declared a halt to the acquisition of Bitcoin futures ETFs on its platform. A representative from Vanguard confirmed to Axios the discontinuation of all crypto-related product purchases. This strategic decision aligns with Vanguard's aim to provide a fundamental suite of products and services that resonate with its guiding principles and goals. Crypto.news previously highlighted Vanguard's decision to exclude spot Bitcoin ETFs from its platform, following their approval by the U.S. SEC. Moreover, Vanguard disclosed its lack of intention to introduce any analogous offerings. The statement from the Vanguard spokesperson emphasized: "Effective immediately, Vanguard will cease the purchase of any cryptocurrency Read more about Vanguard Holds Firm on Anti-Crypto Stance, Halts Bitcoin Futures ETF Purchases #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket,

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious10:002 pointsEurogroup Meetings------------------10:002 pointsIndustrial Production (MoM) (Nov)-0.3%-0.7%10:002 pointsTrade Balance (Nov)11.2B11.1B21:002 pointsNZIER Business Confidence (Q4)----------52% Read more about Upcoming economic events 15 January 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS