Summary of the day, January 23
🏦 Clients of one of the banks facilitating fiat operations with Binance will not be able to trade crypto through SWIFT transfers of less than $100,000. The transaction minimum, aimed at reducing exposure to digital assets, will be introduced by the financial institution in February.
💱 Bank of America says “digital currencies appear inevitable,” adding that central bank digital currencies (CBDCs) and stablecoins are “a natural evolution of today’s monetary and payment systems.” The bank expects “private sector beneficiaries to emerge in all phases of CBDC implementation.”
💸 The Bank of Spain has given approval for the launch of a pilot program involving the issuance and usage of euro-pegged stablecoins. The program, which MONEI, a fintech institution, is launching, will allow users to issue digital euros with fiat deposits in order to experiment with these in payment applications, increasing their transparency.
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Source: https://www.taurushq.com/
🏦 Clients of one of the banks facilitating fiat operations with Binance will not be able to trade crypto through SWIFT transfers of less than $100,000. The transaction minimum, aimed at reducing exposure to digital assets, will be introduced by the financial institution in February.
💱 Bank of America says “digital currencies appear inevitable,” adding that central bank digital currencies (CBDCs) and stablecoins are “a natural evolution of today’s monetary and payment systems.” The bank expects “private sector beneficiaries to emerge in all phases of CBDC implementation.”
💸 The Bank of Spain has given approval for the launch of a pilot program involving the issuance and usage of euro-pegged stablecoins. The program, which MONEI, a fintech institution, is launching, will allow users to issue digital euros with fiat deposits in order to experiment with these in payment applications, increasing their transparency.
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Source: https://www.taurushq.com/
Forwarded from Glassnode
There are now over 503k active Proof-of-Stake Validators on the #Ethereum beacon chain.
The total number of new, or exiting validators is capped each day, depending on the validator pool size. The current limit is 1575 validators/day.
📊 Live Proof-of-Stake Dashboard
The total number of new, or exiting validators is capped each day, depending on the validator pool size. The current limit is 1575 validators/day.
📊 Live Proof-of-Stake Dashboard
Daily Market Brief - 26.01.2023
Market glance
Total market cap / 24h chg: $1,049,092,854,038 / +1.94% 🟩
BTC Dominance / 24h chg: 42.3% / -0.70% 🟥
Bitcoin (BTC) price dropped to $22,300 on January 25, but has since bounced back up, after reaching a 2023 high of $23,300, as the bullish momentum appeared to have waned. The drop followed a market-wide decline, and analysts feared that the crypto market could face significant danger from the Federal Open Market Committee (FOMC) decision next week. Despite short-term uncertainty, institutional investors remain largely positive about tokenized assets in the long-term.
Market glance
Total market cap / 24h chg: $1,049,092,854,038 / +1.94% 🟩
BTC Dominance / 24h chg: 42.3% / -0.70% 🟥
Bitcoin (BTC) price dropped to $22,300 on January 25, but has since bounced back up, after reaching a 2023 high of $23,300, as the bullish momentum appeared to have waned. The drop followed a market-wide decline, and analysts feared that the crypto market could face significant danger from the Federal Open Market Committee (FOMC) decision next week. Despite short-term uncertainty, institutional investors remain largely positive about tokenized assets in the long-term.
Summary of the day, January 26
🇨🇳 Binance handled $346 million in crypto transactions for Bitzlato, a shuttered coin trading platform: According to reports, Binance, a cryptocurrency exchange, processed close to $346 million in crypto transactions for Bitzlato, a coin trading platform that was closed by international law enforcement. U.S. authorities have stated that Binance, the world's largest digital asset trading platform, was one of the major trading partners of Russian-owned Bitzlato.
⛓ Lido Protocol announces withdrawal feature prior to Ethereum's Shanghai hard fork: As the Ethereum community gears up for the March Shanghai hard fork, the team behind the liquid staking project Lido has disclosed their plans to implement an in-protocol withdrawal feature. They are soliciting feedback from the community on the proposal, which would enable withdrawals once the Shanghai upgrade is finished.
🐣 Robinhood removes crypto scam tweet from verified account after it was spotted by Twitter users: On Wednesday, Jan. 25, 2023, the Twitter account of Robinhood was reportedly hacked. A tweet was posted on the account promoting a Binance Smart Chain token that is listed on Pancakeswap decentralized exchange, according to multiple sources. Blockchain analysis reveals that the token received less than $1,000 in purchases before the tweet was removed by Robinhood.
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Source: https://www.taurushq.com/
🇨🇳 Binance handled $346 million in crypto transactions for Bitzlato, a shuttered coin trading platform: According to reports, Binance, a cryptocurrency exchange, processed close to $346 million in crypto transactions for Bitzlato, a coin trading platform that was closed by international law enforcement. U.S. authorities have stated that Binance, the world's largest digital asset trading platform, was one of the major trading partners of Russian-owned Bitzlato.
⛓ Lido Protocol announces withdrawal feature prior to Ethereum's Shanghai hard fork: As the Ethereum community gears up for the March Shanghai hard fork, the team behind the liquid staking project Lido has disclosed their plans to implement an in-protocol withdrawal feature. They are soliciting feedback from the community on the proposal, which would enable withdrawals once the Shanghai upgrade is finished.
🐣 Robinhood removes crypto scam tweet from verified account after it was spotted by Twitter users: On Wednesday, Jan. 25, 2023, the Twitter account of Robinhood was reportedly hacked. A tweet was posted on the account promoting a Binance Smart Chain token that is listed on Pancakeswap decentralized exchange, according to multiple sources. Blockchain analysis reveals that the token received less than $1,000 in purchases before the tweet was removed by Robinhood.
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Source: https://www.taurushq.com/
Daily Market Brief - 30.01.2023
Market glance
Total market cap / 24h chg: $1,073,129,479,766 / +2.58% 🟩
BTC Dominance / 24h chg: 42.5% / +0.24% 🟩
Bitcoin is facing a crucial week with price spikes and fear of a bear market return. Despite concerns, January 2023 is the best January in a decade. The Federal Reserve and the European Central Bank are expected to announce rate hikes, adding to the pressure. Bitcoin has increased 43.1% in January, its best performance since 2013, with the market focused on the Fed's decision and Powell's comments.
Market glance
Total market cap / 24h chg: $1,073,129,479,766 / +2.58% 🟩
BTC Dominance / 24h chg: 42.5% / +0.24% 🟩
Bitcoin is facing a crucial week with price spikes and fear of a bear market return. Despite concerns, January 2023 is the best January in a decade. The Federal Reserve and the European Central Bank are expected to announce rate hikes, adding to the pressure. Bitcoin has increased 43.1% in January, its best performance since 2013, with the market focused on the Fed's decision and Powell's comments.
Summary of the day, January 30
📈 Trends show that artificial intelligence (AI) will be a major topic in 2023, as data indicates a surge in interest. Since interest peaked and Microsoft invested billions into Chatgpt, demand for AI-focused cryptocurrency projects has risen dramatically. For example, the crypto project Fetch.ai has seen its native token FET rise 212% in the past 30 days, and another AI project, Singularitynet, has seen it’s token AGIX increase 293% against the U.S. dollar.
⛏ The Bitcoin blockchain recorded another difficulty increase on Sunday, Jan. 29, 2023, at block height 774,144. The network’s difficulty increased by 4.68%, from 37.59 trillion to an all-time high of 39.35 trillion.
🇺🇸 U.S. Senator Elizabeth Warren has called on Congress to ensure regulators, such as the Securities and Exchange Commission (SEC), have the tools to regulate the crypto industry effectively and crack down on crypto money laundering activities. “The current legal structure essentially holds up a giant sign over crypto that says, money laundering done here,” the lawmaker stressed.
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👉 Source: https://www.taurushq.com/
📈 Trends show that artificial intelligence (AI) will be a major topic in 2023, as data indicates a surge in interest. Since interest peaked and Microsoft invested billions into Chatgpt, demand for AI-focused cryptocurrency projects has risen dramatically. For example, the crypto project Fetch.ai has seen its native token FET rise 212% in the past 30 days, and another AI project, Singularitynet, has seen it’s token AGIX increase 293% against the U.S. dollar.
⛏ The Bitcoin blockchain recorded another difficulty increase on Sunday, Jan. 29, 2023, at block height 774,144. The network’s difficulty increased by 4.68%, from 37.59 trillion to an all-time high of 39.35 trillion.
🇺🇸 U.S. Senator Elizabeth Warren has called on Congress to ensure regulators, such as the Securities and Exchange Commission (SEC), have the tools to regulate the crypto industry effectively and crack down on crypto money laundering activities. “The current legal structure essentially holds up a giant sign over crypto that says, money laundering done here,” the lawmaker stressed.
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👉 Source: https://www.taurushq.com/
Daily Market Brief - 01.02.2023
Market glance
Total market cap / 24h chg: $1,044,230,646,883 / -0.03% 🟥
BTC Dominance / 24h chg: 42.5% / +0.24% 🟥
Today's FOMC meeting is expected to impact markets with rate decision. Bitcoin leads the crypto market with 42.5% market dominance. Bitcoin is up 39.1% YTD, Ethereum up 31.3%. The ETH/BTC pair has been consolidating near its support area and is expected to see a rebound rally, which could increase Ethereum's share and reduce Bitcoin's dominance in the cryptocurrency market.
Market glance
Total market cap / 24h chg: $1,044,230,646,883 / -0.03% 🟥
BTC Dominance / 24h chg: 42.5% / +0.24% 🟥
Today's FOMC meeting is expected to impact markets with rate decision. Bitcoin leads the crypto market with 42.5% market dominance. Bitcoin is up 39.1% YTD, Ethereum up 31.3%. The ETH/BTC pair has been consolidating near its support area and is expected to see a rebound rally, which could increase Ethereum's share and reduce Bitcoin's dominance in the cryptocurrency market.