Coinatory

A U.S. judge has granted approval for FTX to poll its creditors on a proposed Chapter 11 repayment plan, paving the way for customers to vote on the multibillion-dollar initiative aimed at reimbursing individuals whose funds have been inaccessible since the exchange's collapse. Judge John Dorsey of the District of Delaware has authorized FTX advisers to solicit customer votes regarding their Chapter 11 plan. Should the plan receive approval, it will facilitate customer repayments and address government penalties stemming from the collapse of Sam Bankman-Fried’s cryptocurrency enterprise. Repayment Details Creditors play a significant role in influencing restructuring plans through Chapter 11 voting. Although key committees representing customer interests back FTX’s plan, there remains a vocal opposition demanding substantial mo Read more: cryptocurrency news today #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #FTX, #FTXCEO, #News, #Regulations, #Repayment

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious10:002 pointsEurogroup Meetings------------------10:402 pointsECB's Lane Speaks  ------------------12:302 pointsBuilding Permits1.386M1.440M14:003 pointsNew Home Sales (May)636K634K14:002 pointsNew Home Sales (MoM) (May)----------4.7%14:303 pointsCrude Oil Inventories----------2.547M14:302 pointsCushing Crude Oil Inventories---------0.307M17:002 points5-Year Note Auction---------4.553%20:302 pointsFed Bank Stress Test Results------------------ Read more: cryptocurrency news #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

Solana developers have unveiled two innovative tools designed to boost mass crypto adoption and facilitate crypto transactions across various internet platforms. The Solana Foundation introduced "Actions" and "Blinks," which enable users to broadcast cryptocurrency transactions to the SOL blockchain from outside native decentralized apps (dapps). With "Actions," users can conduct on-chain swaps or transactions from any platform with a URL, including social networks and QR Codes. "Blinks" expands on a Farcaster feature called Frames, allowing users to share links for supported Actions. Jon Wong, Solana Foundation’s Head of Ecosystem Engineering, stated on Tuesday that Actions and Blinks would allow for direct transactions from wallets like Phantom, NFT acquisitions on Tensor, voting on Realms proposals, subscribing to Access P Read more: Solana Foundation Unveils Tools for Internet-Wide Crypto Transactions #Cryptocurrency, #Cryptomarket, #Cryptone

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious05:002 pointsBoJ Core CPI (YoY)1.9%1.8%10:002 pointsEurogroup Meetings------------------11:002 pointsFOMC Member Bowman Speaks------------------13:002 pointsS&P/CS HPI Composite - 20 n.s.a. (YoY) (Apr)7.0%7.4%13:002 pointsS&P/CS HPI Composite - 20 n.s.a. (MoM) (Apr)---------1.6%14:002 pointsCB Consumer Confidence (Jun)100.2102.017:002 points2-Year Note Auction---------4.917%18:152 pointsFOMC Member Bowman Speaks------------------20:302 pointsAPI Weekly Crude Oil Stock---------2.264M23:352 pointsRBA Assist Gov Kent Speaks------------------ Read more: Coinatory cryptocurrencies news #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

Pop star Jason Derulo is under scrutiny after endorsing a meme coin, which swiftly devalued, reigniting concerns about celebrity involvement in high-risk financial endorsements. This debacle not only results in financial losses but also jeopardizes the reputations of celebrities and erodes confidence in the cryptocurrency market. On June 23, Derulo unveiled his meme coin, JASON, to his 3.5 million followers on X. However, the coin's value plummeted over 72% within minutes, causing widespread discontent among investors and fans. In the aftermath, Derulo pointed fingers at Sahil Arora, an Indian national notorious for past cryptocurrency controversies, accusing him of deceit. Derulo pledged to resolve the situation, tweeting: “Damn Sahil got me! That’s ok, that’s motivation to take this all the way! I just bought $20,000 worth. I Read more: Coinatory cryptocurrency news #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations

A MakerDAO governance delegate has fallen prey to a sophisticated phishing attack, resulting in the theft of $11 million worth of Aave Ethereum Maker (aEthMKR) and Pendle USDe tokens. The incident was flagged by Scam Sniffer in the early hours of June 23, 2024. The delegate's compromise involved signing multiple fraudulent signatures, which ultimately led to the unauthorized transfer of digital assets. Key Exploitation of MakerDAO Delegate The compromised assets were swiftly transferred from the delegate’s address, “0xfb94d3404c1d3d9d6f08f79e58041d5ea95accfa,” to the scammer’s address, “0x739772254924a57428272f429bd55f30eb36bb96,” with the transaction confirmed in merely 11 seconds. This governance delegate played a crucial role in MakerDAO, a decentralized finance (DeFi) platform responsible for significant decision-making proces Read more: cryptocurrency news #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #MakerDAO, #News, #Regulations, #Scam

Circle has significantly bolstered its Web3 Services by incorporating support for Solana, marking a pivotal expansion in the company's ecosystem, according to a recent announcement. Circle’s Web3 Services aim to empower enterprises and developers seeking to deploy on-chain applications. This integration involves launching Programmable Wallets and Gas Stations on the Solana blockchain, enhancing the platform’s capabilities for a variety of applications. “With this initial launch of Circle’s Programmable Wallets supporting the Solana ecosystem, we’re excited to empower Solana developers to build innovative applications that are secure, scalable, fast, and cost-efficient,” Circle stated in its announcement. Integration in Two Phases Circle’s integration on Solana will unfold in two phases. Initially, the platform will support P Read more about Circle Introduces Programmable Wallets and Gas Station on Solana #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulat

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BtcTurk, a prominent cryptocurrency exchange based in Turkey, recently experienced a significant cyber attack leading to unauthorized access to several of its hot wallets. This breach resulted in the theft of various cryptocurrency balances from the platform. According to an official statement from BtcTurk, the exchange detected the security breach promptly. Hackers managed to infiltrate and steal assets from a number of its hot wallets, impacting at least ten different cryptocurrencies. Despite this setback, BtcTurk assured its users that the bulk of its crypto reserves, stored securely in cold wallets, were unaffected. The exchange emphasized that its financial position remains robust, far surpassing the amount compromised, thereby safeguarding user assets against any potential financial losses. In response to the incident, Read more about BtcTurk Cyber Attack Compromises Hot Wallets; Cold Wallets Remain Secure #Bitcoin, #BtcTurk, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Ne

Arbitrum experienced a dramatic increase in daily revenue on Thursday, driven by a surge in transactions coinciding with the commencement of the LayerZero (ZRO) token airdrop. According to Datawarlock, a prominent Dune Analytics dashboard focused on Arbitrum’s economic activity, the Ethereum layer-2 network recorded a modest daily revenue of $20,000 on Wednesday, June 19. However, this figure skyrocketed on June 20, as the LayerZero airdrop claim commenced, with Arbitrum registering a total revenue of $3.4 million. This surge was fueled by 3.7 million transactions, marking an increase of 1.2 million transactions from the previous day. Austin Marrazza, Product Manager at Offchain Labs, noted the significant traffic generated by ZRO claimers, which resulted in Arbitrum DAO collecting over $3 million in congestion fees. "Arbitrum e Read more about Arbitrum's Revenue Skyrockets to $3.4 Million Following LayerZero Airdrop Surge #Airdrop, #Arbitrum, #Cryptomarket, #Cryptonewstoday,

The United Nations Security Council has disclosed that over the past seven years, North Korea has redirected approximately $3 billion of illicitly acquired cryptocurrency towards the development of weapons of mass destruction. The staggering sum was amassed through a series of sophisticated cyberattacks and fraud schemes orchestrated by North Korean hackers, predominantly targeting the global cryptocurrency ecosystem. A recent investigation highlights the alarming tactics used by these hackers, who exploit social media to deceive cryptocurrency companies and affluent individuals. According to David Robinson, co-founder of cybersecurity firm Internet 2.0 and a former Australian Army Intelligence Officer, the extent of these operations poses a significant threat to consumers. "Consumers are at a huge risk from North Korean hackers," Read more about North Korea Diverts $3 Billion in Stolen Crypto for Weapons Development, UN Reports #Altcoin, #Bitcoin, #Blockchain, #Cryptocurrenc

Bitstamp, a prominent European cryptocurrency exchange now under the purview of U.S.-based trading firm Robinhood, has announced the listing of Bonk (BONK), a notable meme coin. Bitstamp users can trade BONK on the platform, including through iOS and Android mobile apps available on the App Store and Google Play. The exchange supports two trading pairs for BONK: BONK/USD and BONK/EUR, which are accessible to customers globally, excluding the U.S. and Singapore. Bonk’s Listing and Trading Features According to Bitstamp’s announcement, both BONK/USD and BONK/EUR trading pairs have been made available on the centralized exchange. This listing expands Bonk's trading horizons, adding to its presence on major exchanges like Binance, Coinbase, and OKX. Bonk, initially recognized as a dog-themed meme coin, gained significant att Read more about BONK Gains Bitstamp Listing Amid Robinhood Acquisition #Bitstamp, #BONK, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsau Jibun Bank Japan Services PMI---------53.808:002 pointsHCOB Eurozone Manufacturing PMI (Jun) 48.047.308:002 pointsHCOB Eurozone Composite PMI (Jun)52.552.208:002 pointsHCOB Eurozone Services PMI (Jun)53.553.210:002 pointsEurogroup Meetings------------------13:453 pointsS&P Global US Manufacturing PMI (Jun)51.051.313:452 pointsS&P Global Composite PMI (Jun)---------54.513:453 pointsS&P Global Services PMI (Jun)53.754.814:003 pointsExisting Home Sales (May)4.08M4.14M14:002 pointsExisting Home Sales (MoM) (May)----------1.9%14:002 pointsUS Leading Index (MoM) (May)-0.3%-0.6%15:003 pointsFed Monetary Policy Report------------------17:002 pointsU.S. Baker Hughes Oil Rig Count---------48817:002 pointsU.S. Baker Hughes Total Rig Count---------59019:302 pointsCFTC Read more about Upcoming economic events 21 June 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

Crypto exchange Binance has launched an airdrop initiative for BNB holders, as founder Changpeng Zhao reportedly controls over 60% of the token’s circulating supply. On Wednesday, Binance unveiled its "HODLer Airdrops" program aimed at Binance Coin (BNB) holders. This initiative seeks to create a “healthy and sustainable market environment” by incentivizing users to join Binance’s Simple Earn lending program. Participants will be rewarded with tokens from upcoming projects set to list on the platform, contingent upon their participation in the lending program. The specifics of the tokens to be distributed among Simple Earn participants remain undisclosed. However, Binance emphasized its focus on collaborating with “small to medium projects with strong fundamentals, a large circulating supply, and robust organic communiti Read more about Binance Incentivizes BNB Holders with Token Airdrops in New Lending Initiative #Binance, #BNB, #BNBSmartChain, #BNBChain, #Cryptocurrency, #C

North Dakota has revoked Binance US's money transmitter license following compliance concerns and the recent legal issues surrounding its founder, Changpeng Zhao. The North Dakota Department of Financial Institutions cited non-compliance with state laws as the primary reason for the decision. In an official statement, the Department noted, “The Commissioner of the North Dakota Department of Financial Institutions has revoked the money transmitter license of BAM Trading Services, Inc., operating as Binance.US.” Zhao’s recent legal troubles, including a guilty plea in April to violating U.S. anti-money laundering (AML) laws, played a significant role in the decision. This plea led to a four-month prison sentence related to Binance’s operations. Zhao first admitted guilt in November 2023, which notably did not result in Florida revok Read more about North Dakota Revokes Binance US License Amid Zhao’s Legal Troubles #Binance, #ChangpengZhao, #Cryptocurrency, #Cryptomarket, #Cryptonewst

American cryptocurrency exchange Kraken sustained a $3 million loss in early June following an exploit in its funding system. The breach, attributed to rogue security researchers, was publicly disclosed by Kraken’s Chief Security Officer Nick Percoco on social media. According to Percoco, Kraken first received a bug report from a purported “security researcher” on June 9. The flaw, stemming from a recent user experience (UX) update, allowed users to credit their accounts before asset clearance, enabling unauthorized real-time trading. Percoco admitted that the UX change had not been tested against this particular attack vector before deployment. “This UX change was not thoroughly tested against this specific attack vector,” Percoco stated. Subsequent investigations revealed that the vulnerability had been exploited on three sep Read more about Kraken Security Head Reveals $3M Exploit from UX Bug #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Kraken, #News, #Regulations

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious01:152 pointsChina Loan Prime Rate 5Y (Jun)3.95%3.95%01:152 pointsPBoC Loan Prime Rate3.45%3.45%08:002 pointsECB Economic Bulletin  ------------------10:002 pointsEurogroup Meetings------------------12:302 pointsBuilding Permits (May)  1.450M1.440M12:302 pointsContinuing Jobless Claims1,810K1,820K12:302 pointsCurrent Account (Q1)-207.0B-194.8B12:302 pointsHousing Starts (MoM) (May)---------5.7%12:302 pointsHousing Starts (May)1.370M1.360M12:302 pointsInitial Jobless Claims235K242K12:302 pointsPhiladelphia Fed Manufacturing Index (Jun)4.84.512:302 pointsPhilly Fed Employment (Jun)----------7.914:302 pointsAtlanta Fed GDPNow (Q2)  3.1%3.1%15:002 pointsCrude Oil Inventories-2.800M3.730M15:002 pointsCushing Crude Oil Inventories----------1.593M17:002 points5-Year TIPS Aucti Read more about Upcoming economic events 20 June 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious07:002 pointsEuropean Central Bank Non-monetary Policy Meeting------------------22:452 pointsGDP (QoQ) (Q1)0.1%-0.1% Read more about Upcoming economic events 19 June 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

Coinbase is set to launch a groundbreaking feature allowing users to trade futures contracts on tokens yet to debut. This new function will be available on its international and advanced exchanges, providing a unique opportunity for traders to engage in "pre-launch markets" within Coinbase’s ecosystem. This initiative will enable eligible traders to speculate on the price of upcoming projects. Users can take long or short positions on unlaunched tokens with up to 2x leverage, potentially leading to significant returns. Even if a token’s launch date is unspecified, traders can buy and sell futures contracts for that token. Institutional users will utilize the Coinbase International Exchange, while eligible retail traders will access these pre-launch markets via Coinbase Advanced. Mechanics of Pre-Launch Markets Pre-launch mar Read more about Coinbase to Introduce Pre-Launch Token Futures Trading #Blockchain, #Coinbase, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:102 pointsRBA Assist Gov Ellis Speaks------------------04:302 pointsRBA Interest Rate Decision (Jun)4.35%4.35%04:302 pointsRBA Rate Statement------------------09:002 pointsCore CPI (YoY) (May)2.9%2.7%09:002 pointsCPI (MoM) (May)0.2%0.6%09:002 pointsCPI (YoY) (May)2.6%2.4%09:002 pointsZEW Economic Sentiment (Jun)47.847.010:002 pointsEurogroup Meetings------------------12:302 pointsCore Retail Sales (MoM) (May)0.2%0.2%12:302 pointsRetail Control (MoM) (May)----------0.3%12:302 pointsRetail Sales (MoM) (May)0.3%0.0%13:152 pointsIndustrial Production (MoM) (May)0.3%0.0%13:152 pointsIndustrial Production (YoY) (May)----------0.38%13:302 pointsECB's De Guindos Speaks------------------14:002 pointsBusiness Inventories (MoM) (Apr)0.3%-0.1%14:002 pointsRetail Inventories Ex Auto Read more about Upcoming economic events 18 June 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

India's Enforcement Directorate (ED) has frozen approximately ₹32 crore ($3.83 million) in cash deposits and other assets tied to Highrich Group, an online entity under scrutiny for allegedly running a crypto Ponzi scheme. Sources close to the matter, cited by The Hindu, reveal that the ED’s investigation has discovered that K.D. Prathapan and Sreena Prathapan’s Highrich Group amassed around ₹1,500 crore ($179.5 million) from investors by promising high returns and a 15% annual interest rate. The ED accuses the group's promoters and stakeholders of engaging in illicit cryptocurrency trading activities on various exchanges while promoting their own cryptocurrency, HR Crypto Coin. According to the ED, these crypto assets were utilized in a Ponzi scheme, enticing investors with promises of high returns funded by new investor contrib Read more about Indian Authorities Freeze Highrich Group’s Assets Amid Alleged Crypto Ponzi Scheme #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomark

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious02:002 pointsFixed Asset Investment (YoY) (May)4.2%4.2%02:002 pointsIndustrial Production (YoY) (May)6.2%6.7%02:002 pointsChinese Industrial Production YTD (YoY) (May)---------6.3%02:002 pointsChinese Unemployment Rate (May)5.0%5.0%02:002 pointsNBS Press Conference------------------08:002 pointsECB's Lane Speaks------------------09:002 pointsECB President Lagarde Speaks------------------09:002 pointsWages in euro zone (YoY) (Q1)---------3.10%10:002 pointsEurogroup Meetings------------------11:302 pointsECB's De Guindos Speaks------------------12:302 pointsNY Empire State Manufacturing Index (Jun)-12.50-15.6016:002 pointsFOMC Member Williams Speaks------------------17:002 pointsFOMC Member Harker Speaks------------------21:002 pointsWestpac Consumer Sentiment---------93.2 Read more about Upcoming economic events 17 June 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

Cryptocurrency liquidations plummeted by 80.26% as the market consolidates, characterized by low volatility and neutral sentiment. Data from Coinglass reveals that total crypto liquidations currently amount to $42.4 million over the past 24 hours, indicating minimal market fluctuations. Key insights include: Long positions: Approximately $23.8 million Short positions: $18.5 million Ethereum (ETH): Leading with $9 million in liquidations ($3.5 million in longs, $5.5 million in shorts) Notcoin (NOT): Securing third place with $3.9 million, following a range of small-cap assets Bitcoin (BTC): Fourth at $3.25 million ($2.44 million in long liquidations) Binance, the largest crypto exchange by trading volume, accounts for nearly $20 million of these liquidations, representing almost half of the total. Read more about Crypto Liquidations Drop Over 80% Amid Market Consolidation #Altcoin, #Bitcoin, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations

Bloomberg analyst Eric Balchunas anticipates spot Ether (ETH) exchange-traded funds (ETFs) will commence trading in the U.S. by early July. In a revised forecast, Balchunas has set the over/under date for the official launch of these ETFs to July 2. He highlighted that the U.S. Securities and Exchange Commission (SEC) staff had provided comments on the S-1 filings, describing them as "pretty light" and free from significant issues. The SEC has requested responses within a week, suggesting a probable approval ahead of the holiday weekend. Balchunas emphasized that while the exact timeline remains uncertain, this is their best estimate. On June 13, SEC Chairman Gary Gensler, during his testimony to Senator Bill Hagerty, indicated that the approval of the S-1 filings for spot Ethereum ETFs is anticipated by the end of the summer. Read more about Spot Ether ETFs Set for Potential U.S. Launch in Early July #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #E

Former Binance CEO Changpeng Zhao has been identified as the 24th wealthiest individual globally, primarily due to his substantial ownership of Binance Coin (BNB), according to Forbes. Zhao reportedly controls 64% of Binance’s BNB token circulating supply. With 94 million coins under his ownership, his holdings are valued at over $56 billion at current prices. Additionally, the report states that Zhao possesses an approximate 90% stake in the Binance exchange. Despite Binance facing numerous challenges, including Zhao’s resignation from his leadership position and a prison sentence, BNB has experienced significant growth this year. Data from CoinGecko indicates a 141% price increase over the past 14 months. Earlier this month, BNB achieved a new all-time high (ATH), reaching $717. Since its initial coin offering (ICO) in 201 Read more about Former Binance CEO CZ Controls 64% of BNB, Valued Over $56 Billion #Binance, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious10:002 pointsEurogroup Meetings------------------16:152 pointsECB's Schnabel Speaks  ------------------ Read more about Upcoming economic events 15 June 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

TON is gaining increasing attention due to a recent price surge to $8, the strong growth of memecoins, and popular airdrops such as Notcoin and Hamster Combat. Today, we will discuss the key apps within the TON ecosystem. The Open Network (TON) is a blockchain platform originally developed by the Telegram team, led by the Durov brothers. It was designed to bring cryptocurrency and blockchain capabilities to the Telegram ecosystem. The Open Network (TON) is experiencing rapid growth. In 2019, we had 35,000 accounts; this number grew to 80,000 in 2021, 120,000 in 2022, 1.8 million in 2023, and now in 2024, we’ve reached 5.2 million. This surge in new users is largely due to TON’s latest impressive developments, including setting a world speed record, the global success of Notcoin, and our collaboration with Telegram. Ton Wal Read more about Ton Ecosystem - Everything You Should Know #Altcoin, #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Ethereum, #Regulations

Supporters of spot Ethereum ETFs scored a significant victory during a Senate hearing, as SEC Chair Gary Gensler confirmed that applications are progressing. Addressing a subcommittee of the Senate Appropriations Committee, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler hinted that full regulatory approval for spot Ether (ETH) ETFs could be finalized by the end of September. Speaking at the June 13 budget hearing, Gensler noted that the final set of filings, known as S-1s or registration of securities, has reached staff review. Last month, the SEC approved proposed rule changes to list spot ETH ETFs, also known as 19b-4. Despite confirming that Ethereum ETFs will likely commence trading soon, Gensler remained non-committal on Ether's asset classification. The SEC Chair did not explicitly state whether the Read more about Ethereum ETFs Likely to Receive SEC Approval by End of Summer, Says Gensler #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #ETF,

Nuffle Labs, a spin-off from the NEAR Foundation, has successfully raised $13 million in its latest funding round. This marks a significant step for the platform, formerly known as NEAR Modular, as it embarks on enhancing the NEAR protocol’s modular capabilities. Strategic Spin-Off Focused on Modular Network Solutions Emerging from its origins within the NEAR Foundation and Pagoda, Nuffle Labs aims to drive growth in the modular ecosystem by providing essential solutions to rollups. The entity is powered by the original developers behind the NEAR Data Availability Layer (NEAR DA) and the NEAR Fast Finality Layer (NFFL). Significant Financial Backing The $13 million capital injection includes a strategic grant from the NEAR Foundation and investments from prominent venture capital firms. The funding round was spearheaded by E Read more about Nuffle Labs Secures $13 Million to Boost NEAR’s Modular Network #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #ModularNetwork, #NEAR, #NearWall

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious02:302 pointsBoJ Monetary Policy Statement------------------03:003 pointsBoJ Interest Rate Decision0.10%0.10%04:302 pointsIndustrial Production (MoM) (Apr)-0.1%4.4%06:302 pointsBoJ Press Conference  ------------------09:002 pointsECB's De Guindos Speaks  ------------------09:002 pointsECB's Lane Speaks  ------------------09:002 pointsTrade Balance (Apr)17.0B24.1B10:002 pointsEurogroup Meetings------------------11:002 pointsNew Loans (May)2,250.0B730.0B12:302 pointsExport Price Index (MoM) (May)0.0%0.5%12:302 pointsImport Price Index (MoM) (May)0.0%0.9%13:302 pointsECB's Schnabel Speaks  ------------------14:002 pointsMichigan 1-Year Inflation Expectations (Jun)  ---------3.3%14:002 pointsMichigan 5-Year Inflation Expectations (Jun)  ---------3.0%14:002 pointsMichigan Consumer Expectat Read more about Upcoming economic events 14 June 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

Circle has significantly bolstered its Web3 Services by incorporating support for Solana, marking a pivotal expansion in the company's ecosystem, according to a recent announcement. Circle’s Web3 Services aim to empower enterprises and developers seeking to deploy on-chain applications. This integration involves launching Programmable Wallets and Gas Stations on the Solana blockchain, enhancing the platform’s capabilities for a variety of applications. “With this initial launch of Circle’s Programmable Wallets supporting the Solana ecosystem, we’re excited to empower Solana developers to build innovative applications that are secure, scalable, fast, and cost-efficient,” Circle stated in its announcement. Integration in Two Phases Circle’s integration on Solana will unfold in two phases. Initially, the platform will support P Read more about Circle Introduces Programmable Wallets and Gas Station on Solana #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulat

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious01:302 pointsEmployment Change (May)30.0K38.5K01:302 pointsFull Employment Change (May)----------6.1K01:302 pointsUnemployment Rate (May)4.0%4.1%08:002 pointsNew Loans1,300.0B730.0B09:002 pointsECB's De Guindos Speaks------------------09:002 pointsECB's Lane Speaks------------------09:002 pointsIndustrial Production (MoM) (Apr)0.1%0.6%10:002 pointsEurogroup Meetings------------------12:302 pointsContinuing Jobless Claims---------1,792K12:302 pointsCore PPI (MoM) (May)0.3%0.5%12:303 pointsInitial Jobless Claims222K229K12:303 pointsPPI (MoM) (May)0.1%0.5%13:302 pointsECB's Schnabel Speaks------------------16:002 pointsFOMC Member Williams Speaks------------------16:002 pointsTreasury Secretary Yellen Speaks------------------17:003 points30-Year Bond Auction---------4.635%20:302 Read more about Upcoming economic events 13 June 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

Arbitrum, the leading Layer-2 (L2) blockchain by total value locked (TVL), has experienced a significant rise in average transaction fees alongside a surge in daily on-chain activities. According to Dune Analytics, Arbitrum’s daily average transaction fees escalated by 97.8%, reaching $0.015 earlier today, before stabilizing at $0.007. This increase in fees aligns with a substantial growth in daily transactions on the network, which rose from 1.7 million to 2.3 million on June 11. As of now, Arbitrum maintains its position as the largest L2 network with a TVL of $2.97 billion. Despite the surge in fees, it remains competitive among L2 solutions. For comparison, the Zora Network boasts the lowest average transaction fee at $0.0029, while Scroll Network ranks as the most expensive, averaging $0.108 per transaction. The native t Read more about Arbitrum Fees Surge by 97% Amid Spike in Daily Transactions #Arbitrum, #ArbitrumOne, #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday

Ripple is advancing its footprint in the Asia-Pacific region with the launch of the XRPL Japan and Korea Fund, targeting blockchain innovation through the XRP Ledger. Announced on Tuesday, the fund is designed to bolster blockchain initiatives across Japan and Korea, key markets within the Asia-Pacific. This move follows Ripple's collaboration with Georgia's national bank to digitize the nation's economy and the completion of its acquisition of Standard Custody. XRPL Japan and Korea Fund: A Catalyst for Blockchain Growth Ripple’s XRP Ledger, a decentralized public blockchain, underpins the XRP cryptocurrency and drives the company's cross-border payments and remittance services. The new fund is poised to enhance the adoption of XRP and the XRP Ledger by focusing on corporate partnerships, grants for developers, investments in s Read more about Ripple Targets Asia-Pacific with New Blockchain Fund #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regu

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious01:302 pointsCPI (MoM) (May)---------0.1%01:302 pointsCPI (YoY) (May)0.4%0.3%01:302 pointsPPI (YoY) (May)-1.5%-2.5%08:002 pointsIEA Monthly Report------------------09:152 pointsECB Supervisory Board Member Tuominen Speaks ------------------09:302 pointsECB's Schnabel Speaks------------------10:002 pointsEurogroup Meetings------------------12:303 pointsCore CPI (MoM) (May)0.3%0.3%12:302 pointsCore CPI (YoY) (May)3.5%3.6%12:303 pointsCPI (YoY) (May)3.4%3.4%12:303 pointsCPI (MoM) (May)0.1%0.3%13:002 pointsECB's De Guindos Speaks------------------13:452 pointsECB McCaul Speaks------------------14:002 pointsECB Supervisory Board Member Tuominen Speaks------------------14:303 pointsCrude Oil Inventories---------1.233M14:302 pointsCushing Crude Oil Inventories---------0.854M16:002 Read more about Upcoming economic events 12 June 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

Thai cryptocurrency exchange Zipmex has had its business license revoked by the Thai Securities and Exchange Commission (SEC) after failing to comply with regulatory orders. In a June 11 press release, the SEC outlined that the decision to revoke Zipmex’s license stemmed from concerns over the exchange’s financial instability and subpar management practices. Despite multiple directives to address these issues, Zipmex did not meet the SEC’s compliance requirements within the allotted timeframe. Consequently, the SEC advised Thailand’s Ministry of Finance to revoke Zipmex’s operating license. The Ministry of Finance has mandated that Zipmex halt all cryptocurrency operations immediately and facilitate the return of customer assets within 15 days. Should customers not claim their assets within this period, Zipmex is required to store Read more about Thai SEC Revokes Zipmex’s License Amid Compliance Failures #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious01:302 pointsNAB Business Confidence (May)---------111:002 pointsOPEC Monthly Report------------------11:002 pointsECB's Lane Speaks------------------16:002 pointsEIA Short-Term Energy Outlook------------------16:452 pointsECB's Elderson Speaks ------------------17:002 points10-Year Note Auction---------4.483%20:302 pointsAPI Weekly Crude Oil Stock---------4.052M Read more about Upcoming economic events 11 June 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

Bitcoin (BTC) and Ethereum (ETH) balances on centralized exchanges have plunged to a four-year low, according to Glassnode data, reflecting investors' increasing preference to hold their assets amid a bullish market sentiment. BTC reserves dipped below 2.3 million coins, valued at approximately $160 billion, while ETH holdings dropped to under 16 million, totaling less than $59 billion. Factors Behind the Decline in Exchange Balances The decrease in Bitcoin and Ethereum exchange reserves has been persistent since mid-2020. Glassnode's data indicates that users have consistently withdrawn assets from exchanges, a trend that continued through various market events, including the 2021 bull run, the 2022 Terra-FTX collapse, and even the approval of spot BTC ETFs. This prolonged reduction highlights a growing long-term bullish Read more about Bitcoin, Ethereum Exchange Balances Hit Lowest Level Since 2020 #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Ethe

U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) experienced notable inflows of $131 million on June 7, marking a 19-day streak of positive net movements. Despite this, ARK 21Shares Bitcoin ETF (ARKB) reported net outflows totaling 1,364 BTC, equivalent to approximately $96.84 million, reducing its holdings to 48,939 BTC, or roughly $3.47 billion. Data from Lookonchain indicated that on June 7, an additional 3,689 BTC, valued at $261.91 million, was infused across nine distinct ETFs. This surge was primarily driven by BlackRock, which added 4,896 BTC valued at $347.61 million, boosting its total holdings to an impressive 302,540 BTC, worth $21.48 billion. This strong inflow highlights growing investor confidence, especially in products from BlackRock and Fidelity, overshadowing the outflows from ARK 21Shares. The Valkyrie Read more about Bitcoin ETFs See $131M Inflows Despite Market Volatility #Bitcoin, #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #ETF, #News, #Re

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious17:002 points3-Year Note Auction---------4.605% Read more about Upcoming economic events 10 June 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

Aptos, a leading layer-1 blockchain, has integrated dWallet to enhance multi-chain interoperability for DeFi and Web3 gaming applications. This collaboration introduces Zero Trust Protocols (ZTPs) to the Aptos ecosystem, enabling seamless transactions across Bitcoin (BTC) and Ethereum (ETH) without bridging or token wrapping. The integration of dWallet’s technology into Aptos aims to simplify the user experience in decentralized finance (DeFi) and Web3 gaming by leveraging advanced multi-chain capabilities. Co-founder of dWallet Network, Omer Sadika, emphasized that this partnership facilitates native BTC and ETH transactions directly on Aptos, eliminating the complexities traditionally associated with cross-chain activities. “Expanding dWallet’s technological stack to Aptos is a significant step towards broadening the horizons fo Read more about Aptos Partners with dWallet to Boost Multi-Chain DeFi and Web3 Gaming #Aptos, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regul

OKX’s experimental program on Bitcoin’s network has led to a dramatic increase in transaction fees, pushing the average cost to over $50 per transfer. On Friday, Bitcoin transaction fees skyrocketed, with data from mempool.space indicating an average of $52 per transaction. This surge necessitated the payment of over 5.4 BTC (approximately $400,000) to miners for a single block generation. The anomaly in transaction fees was traced back to crypto exchange OKX, which admitted to testing a new "collection program" on the Bitcoin network. The revelation came from OKX's Chinese account on X, formerly known as Twitter, where they confirmed their involvement and announced the termination of the test. However, the specific mechanism through which OKX influenced the Bitcoin network's fee structure remains undisclosed. Web3 analyst @19 Read more about Bitcoin Fees Soar Over $50 as OKX Tests 'Collection Program' #CollectionProgram, #Cryptocurrency, #Cryptomarket, #Crypt

Coinbase, a publicly traded U.S.-based cryptocurrency exchange renowned for its development of Base, an Ethereum layer-2 solution, has unveiled a new metric, the h-index, to improve the accuracy of blockchain network adoption tracking. This initiative aims to address distortions arising from airdrop-related activities and Sybil attacks. In a research report released on Friday, Coinbase highlighted that investments in blockchain infrastructure have resulted in an abundance of blockspace. This surplus has reduced the cost of onchain transactions and spurred the development of decentralized applications. However, this evolution complicates the tracking of ecosystem adoption due to the increased number of applications. Traditional metrics like total transactions or daily active addresses can be skewed by Sybil attacks and airdrop Read more about Coinbase Introduces h-Index to Enhance Blockchain Adoption Metrics #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious10:002 pointsEuropean Parliament Elections------------------ Read more about Upcoming economic events 8 June 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

The Hong Kong Monetary Authority (HKMA) has issued a public warning against an unregulated cryptocurrency exchange, “Kucoin,” which is allegedly involved in fraudulent activities. According to the HKMA, this platform falsely claims to be regulated by the authority and has been demanding payments to release funds from frozen accounts. In an official notice released on the Hong Kong Special Administrative Region’s government website, the HKMA highlighted that Kucoin has been circulating documents purportedly from the authority, misleadingly stating that it is licensed by the HKMA. These documents have reportedly been used to solicit fees from individuals to purportedly recover funds from inaccessible accounts. The HKMA has emphasized that it has no association with Kucoin and does not engage in personal financial matters with the pu Read more about HKMA Warns of Fraudulent Claims by Unregulated Crypto Exchange ‘Kucoin’ #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations

Kraken, a leading cryptocurrency exchange, is in the final stages of securing a $100 million funding round before its anticipated initial public offering (IPO), as reported by Bloomberg. Sources familiar with the negotiations suggest that Kraken aims to finalize this funding by year-end. When approached by crypto.news, a Kraken spokesperson declined to comment on the ongoing discussions. Kraken, a pioneer in the cryptocurrency industry, continues to advance despite facing significant legal challenges. The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Kraken last year, alleging the commingling of client assets with corporate funds and operating an unregistered securities exchange. Kraken has denied these allegations and is currently engaged in a legal battle with the SEC, alongside other industry giants Read more about Kraken Eyes $100 Million Pre-IPO Funding Round #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #Kraken, #News, #Regulations

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious03:002 pointsExports (YoY) (May)6.0%1.5%03:002 pointsImports (YoY) (May)4.2%8.4%03:002 pointsTrade Balance (USD) (May)70.50B72.35B08:002 pointsECB's Schnabel Speaks------------------09:002 pointsGDP (YoY)0.4%0.1%09:002 pointsGDP (QoQ) (Q1)0.3%0.0%10:002 pointsEuropean Parliament Elections------------------12:302 pointsAverage Hourly Earnings (YoY) (YoY) (May)3.9%3.9%12:303 pointsAverage Hourly Earnings (MoM) (May)0.3%0.2%12:303 pointsNonfarm Payrolls (May)186K175K12:302 pointsParticipation Rate (May)---------62.7%12:302 pointsPrivate Nonfarm Payrolls (May)170K167K12:302 pointsU6 Unemployment Rate (May)---------7.4%12:303 pointsUnemployment Rate (May)3.9%3.9%14:152 pointsECB President Lagarde Speaks------------------17:002 pointsAtlanta Fed GDPNow (Q2)2.6%2.6%17:002 pointsU.S. Baker Read more about Upcoming economic events 7 June 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

Robinhood, a prominent retail trading platform, has secured an agreement to acquire Bitstamp, a U.K.-based cryptocurrency exchange, in a strategic move to broaden its crypto market presence and attract institutional clientele. On Thursday, Robinhood announced its acquisition of Bitstamp, a deal valued at $200 million and set to close in the first half of 2025. This all-cash transaction underscores Robinhood's commitment to expanding its global footprint in the cryptocurrency sector. Barclays Capital and Galaxy Digital advised on the deal, highlighting the professional expertise involved in this significant acquisition. Johann Kerbrat, General Manager of Robinhood Crypto, stated, "The acquisition of Bitstamp is a major step in growing our crypto business. Bitstamp’s highly trusted and long-standing global exchange has shown r Read more about Robinhood Acquires Bitstamp for $200M: Expands Crypto Business #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations, #Rob

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious01:302 pointsBuilding Approvals (MoM)---------1.9%01:302 pointsHome Loans (MoM)1.2%2.8%01:302 pointsTrade Balance5.370B5.024B01:302 pointsBoJ Board Member Nakamura Speaks  ------------------10:002 pointsEuropean Parliament Elections------------------12:153 pointsDeposit Facility Rate (Jun)3.75%4.00%12:152 pointsECB Marginal Lending Facility---------4.75%12:152 pointsECB Monetary Policy Statement------------------12:153 pointsECB Interest Rate Decision (Jun)4.25%4.50%12:302 pointsContinuing Jobless Claims1,790K1,791K12:302 pointsExports---------257.60B12:302 pointsImports---------327.00B12:303 pointsInitial Jobless Claims220K219K12:302 pointsNonfarm Productivity (QoQ) (Q1)0.3%3.2%12:302 pointsTrade Balance (Apr)-76.20B-69.40B12:302 pointsUnit Labor Costs (QoQ) (Q1)4.7%0.4%12:453 p Read more about Upcoming economic events 6 June 2024 #ECONOMICEVENTS, #Forecast, #UPCOMINGEVENTS

In a significant legal setback, the U.S. Securities and Exchange Commission (SEC) has been ordered to pay $1.8 million after a federal judge cited “bad faith conduct” in its temporary restraining order to freeze DEBT Box’s assets. This ruling has prompted the SEC to announce the closure of its Salt Lake Regional Office in 2024. The closure decision, detailed in a June 4 notice from the SEC, highlights the commission's plan to consolidate its operations into its Denver office, citing “significant attrition” at the Salt Lake City location. This move follows Judge Robert Shelby’s dismissal of the SEC’s civil lawsuit against Digital Licensing, known as DEBT Box, and his mandate for the SEC to cover approximately $1 million in attorney fees and costs, along with $750,000 in receiver fees and costs. Initially filed in July 2023, the SEC Read more about SEC to Close Office Following DEBT Box Case Dismissal #Blockchain, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations

FTX has reached an agreement with the Internal Revenue Service (IRS) to settle a $24 billion tax claim by paying $885 million. This settlement emerges from the bankruptcy proceedings initiated by FTX. According to a filing with the Bankruptcy Court for the District of Delaware, FTX will make a $200 million payment for priority claims to the IRS. This amount is required within 60 days following the implementation of a court-approved creditor repayment plan. FTX’s legal representatives acknowledged the potential for significant tax liabilities but disputed the IRS’s $24 billion claim. They argued that a multi-billion dollar tax payment could substantially impact individual creditor reimbursements. Beyond the $200 million priority payment, FTX owes the IRS an additional $685 million, classified as "lower priority." This amount is Read more about FTX Settles $24 Billion IRS Tax Claim with $885 Million Payment #Bitcoin, #Cryptomarket, #Cryptonewstoday, #FTX, #News, #Regulations