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π° This Week In Crypto (25)
1. SBF and Alameda Step in To Prevent Crypto Collapse Contagion
2. Shopify Launches NFT Integration
3. The Solana Saga: Solana Crypto Smartphone
4. dYdX to Leave Ethereum
5. βBitcoin deadβ Google searches hit new all-time high
6. Free NFT + Airdrop Strategy on Arbitrum
CW24 (last week)
1. SBF and Alameda Step in To Prevent Crypto Collapse Contagion
2. Shopify Launches NFT Integration
3. The Solana Saga: Solana Crypto Smartphone
4. dYdX to Leave Ethereum
5. βBitcoin deadβ Google searches hit new all-time high
6. Free NFT + Airdrop Strategy on Arbitrum
CW24 (last week)
β οΈ Voyager Digital Serves Three Arrows Capital A Default Notice On Its $650 Million Loan
Voyager Digital Ltd. made the announcement today, June 27, that its operational subsidiary, Voyager Digital LLC, has filed a notice of default to Three Arrows Capital (3AC) since it has failed to make the due payments on its previously disclosed loan of 15,250 Bitcoin (BTC) and $350 million USDC.
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Voyager Digital Ltd. made the announcement today, June 27, that its operational subsidiary, Voyager Digital LLC, has filed a notice of default to Three Arrows Capital (3AC) since it has failed to make the due payments on its previously disclosed loan of 15,250 Bitcoin (BTC) and $350 million USDC.
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βCosmos Hub set to introduce 'interchain security' within three months
Interchain security enables certain application-specific chains to secure themselves using the Cosmos Hub.
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Interchain security enables certain application-specific chains to secure themselves using the Cosmos Hub.
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π1
βοΈBank for International Settlements to allow banks to keep 1% of reserves in Bitcoin
Despite its skeptical approach to digital currencies, exacerbated by the recent cryptocurrency market crash, it looks like the Bank for International Settlements (BIS) intends to extend its hand to the new asset class by allowing banks to hold up to 1% of reserves in cryptocurrencies such as Bitcoin (BTC).
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Despite its skeptical approach to digital currencies, exacerbated by the recent cryptocurrency market crash, it looks like the Bank for International Settlements (BIS) intends to extend its hand to the new asset class by allowing banks to hold up to 1% of reserves in cryptocurrencies such as Bitcoin (BTC).
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π1
β οΈHackers hijack Ankr gateway for Polygon and Fantom networks
The hack is tricking people into revealing their wallet seed phrases which can be used to drain their funds.
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The hack is tricking people into revealing their wallet seed phrases which can be used to drain their funds.
π Read more
π° This Week In Crypto (26)
1. Mastercard: Over Half of Latin American Users have Tried Crypto
2. BlockFi Announces Deal with FTX US
3. Polkadot Overhauls Governance System
4. Ethereum Fork a Success: Sepolia Testnet
5. Axie Infinityβs Ronin Bridge Reopens (After Hack)
6. Crypto Treasure Hunt: $100 Giveaway
CW25 (last week)
1. Mastercard: Over Half of Latin American Users have Tried Crypto
2. BlockFi Announces Deal with FTX US
3. Polkadot Overhauls Governance System
4. Ethereum Fork a Success: Sepolia Testnet
5. Axie Infinityβs Ronin Bridge Reopens (After Hack)
6. Crypto Treasure Hunt: $100 Giveaway
CW25 (last week)
π1
π»Is The Bear Market Nearly Over?
CryptoExplorer Exclusive LIVESTREAM
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CryptoExplorer Exclusive LIVESTREAM
- Macro Updates
- Economy Overview
- On-chain Analysis
- BTC & Big Caps Technical Analysis
π Watch it now
YouTube
Monday 04/07/2022 - All Members Live Stream - Is The Bear Market Nearly Over?
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The content in this video is for informational purposes only, you should not construe any such information or other material as legalβ¦
The content in this video is for informational purposes only, you should not construe any such information or other material as legalβ¦
π6
βοΈ Binance Becomes First Exchange to Cut Bitcoin Trading Fees
The worldβs biggest crypto exchange is celebrating its fifth anniversary by eliminating fees on all of its Bitcoin-to-fiat trading pairs.
π Read more
The worldβs biggest crypto exchange is celebrating its fifth anniversary by eliminating fees on all of its Bitcoin-to-fiat trading pairs.
π Read more
π3
β΄οΈDeFi protocol Aave proposes creation of stablecoin called GHO
The stablecoin would be overcollateralized with yield-generating assets.
π Read more
The stablecoin would be overcollateralized with yield-generating assets.
π Read more
π1
π¨βπΌJPMorgan Lost These Three Execs To Crypto Firms This Week Despite βCrypto Winterβ
JPMorgan Chase & Co., Americaβs largest bank, has witnessed the departure of three of its top executives this week. In what seems like a crucially planned exodus, the top executives of the investment bank have secured positions in different firms within the crypto space notwithstanding the current Crypto Winter that has taken a toll on certain entities.
π Read more
JPMorgan Chase & Co., Americaβs largest bank, has witnessed the departure of three of its top executives this week. In what seems like a crucially planned exodus, the top executives of the investment bank have secured positions in different firms within the crypto space notwithstanding the current Crypto Winter that has taken a toll on certain entities.
π Read more
π2
π° This Week In Crypto (27)
1. Bitcoin βTouristsβ have been Purged
2. Voyager Digital Files Bankruptcy
3. Cardano Hard Forks for Scalability
4. Ethereum Continues to Inch Closer to ETH 2.0
5. Aave Proposes Decentralized, Yield-Generating Stablecoin GHO
6. Is the Bear Market Nearly Over? Find Out
CW26 (last week)
1. Bitcoin βTouristsβ have been Purged
2. Voyager Digital Files Bankruptcy
3. Cardano Hard Forks for Scalability
4. Ethereum Continues to Inch Closer to ETH 2.0
5. Aave Proposes Decentralized, Yield-Generating Stablecoin GHO
6. Is the Bear Market Nearly Over? Find Out
CW26 (last week)
π3
πΌ GameStop releases public beta NFT marketplace
American video game, consumer electronics, and gaming merchandise retailer GameStop has launched its NFT marketplace enabling gamers, creators, collectors, and others to buy, sell and trade NFTs.
π Read more
American video game, consumer electronics, and gaming merchandise retailer GameStop has launched its NFT marketplace enabling gamers, creators, collectors, and others to buy, sell and trade NFTs.
π Read more
π1
π Crypto Market Update
Get daily updates like this and much more at CryptoExplorer Pro! Link below.
Bitcoin rejected from the upper border of the flag. Currently it is below the 50% line of the channel and looks as if it is going to test lower levels. The nearest local support is the $19,900 area, this also nicely converges with the bottom border of the flag. If this level is broken, I would expect a move to $19,000 and then $17,400. I have been seeing many people say we're going to get a rally to mid to late $25,000 - $30,000, I still don't agree with this and think we will not reach these levels unless a really low inflation print comes out (unlikely).
Last week, we did have a brief rally in risk assets (equities and crypto), this was mostly due to the jobs data that came in. We were expecting 268k to 300k jobs added which would have been a deceleration, but the figure actually came in at 372k, so on the surface it looked really strong. However, they revised down -74k jobs in the previous two months. This suggests to me that they're trying to produce the best figure they can show and then revise down to the actual figure at a later date. But, all this does is tell Powell that he can still continue raising rates in order to try to quell demand and bring inflation down again. All-in-all I don't think we're going to see lower prints, I think we'll see 8.8% or higher this week and I think the markets will draw down a bit because of this (depending on how high the print is), and then the FED will raise another 75 basis points this month because of the high print.
In the meantime, any questions, please feel free to hit me us up on Discord!
π Want more? Start your 7-day β‘οΈ Free Trial at CE Pro!
Get daily updates like this and much more at CryptoExplorer Pro! Link below.
Bitcoin rejected from the upper border of the flag. Currently it is below the 50% line of the channel and looks as if it is going to test lower levels. The nearest local support is the $19,900 area, this also nicely converges with the bottom border of the flag. If this level is broken, I would expect a move to $19,000 and then $17,400. I have been seeing many people say we're going to get a rally to mid to late $25,000 - $30,000, I still don't agree with this and think we will not reach these levels unless a really low inflation print comes out (unlikely).
Last week, we did have a brief rally in risk assets (equities and crypto), this was mostly due to the jobs data that came in. We were expecting 268k to 300k jobs added which would have been a deceleration, but the figure actually came in at 372k, so on the surface it looked really strong. However, they revised down -74k jobs in the previous two months. This suggests to me that they're trying to produce the best figure they can show and then revise down to the actual figure at a later date. But, all this does is tell Powell that he can still continue raising rates in order to try to quell demand and bring inflation down again. All-in-all I don't think we're going to see lower prints, I think we'll see 8.8% or higher this week and I think the markets will draw down a bit because of this (depending on how high the print is), and then the FED will raise another 75 basis points this month because of the high print.
In the meantime, any questions, please feel free to hit me us up on Discord!
π Want more? Start your 7-day β‘οΈ Free Trial at CE Pro!
π₯4π1
πΊπΈ New York Yankees will allow workers to convert part of their paychecks into Bitcoin
A major firm in the Bitcoin space, NYDIG, made the announcement today July 14 that it would become the official Bitcoin Payroll Platform for the New York Yankees as part of a multi-year agreement with the organization.
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A major firm in the Bitcoin space, NYDIG, made the announcement today July 14 that it would become the official Bitcoin Payroll Platform for the New York Yankees as part of a multi-year agreement with the organization.
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π5
πCardano founder says blockchain can βradicallyβ transform how governments operate
As it grows exponentially, the blockchain and crypto industry opens plenty of possibilities to change the world as we know it, including how governments operate, at least thatβs how the Cardano (ADA) founder Charles Hoskinson sees it.
π Read more
As it grows exponentially, the blockchain and crypto industry opens plenty of possibilities to change the world as we know it, including how governments operate, at least thatβs how the Cardano (ADA) founder Charles Hoskinson sees it.
π Read more
π1