JUST IN! FED President Jerome Powell Speaks Live! Here are the Highlights and Bitcoin's Reaction!
Powell assures strong US economy and gradual inflation control, impacting Bitcoin briefly. Investors remain vigilant.
EdmundPowell assures strong US economy and gradual inflation control, impacting Bitcoin briefly. Investors remain vigilant.
EdmundOKX expands into Australia, offering spot and derivatives trading. Focus on compliance and transparency aligns with global strategy. Direct AUD trading available, plans to broaden token offerings. Australian market shows growing crypto interest. Regulatory scrutiny increases amid efforts to combat tax evasion. ASX considering Bitcoin ETF approval, potentially boosting crypto adoption further.
Huang BoCoinshares' weekly report: $130M inflow in crypto products, US sees $135M inflow, Grayscale lowest outflow since Jan. Bitcoin gains $144M, Ethereum outflows due to ETF speculation. Altcoins mixed: Solana $5.9M inflow, Ethereum outflows. Regional trends: US $135M inflow, Germany $14.9M outflow.
EdmundMark Cuban defends cryptocurrencies, highlighting their utility beyond speculation and addressing criticisms from James Love. He emphasizes benefits like low-cost transfers, collateralized loans, tokenization of assets, and blames institutional failures for market incidents. Cuban advocates for legal clarity and aligns with political circles supporting crypto innovation.
EdmundNorth Korean hackers deploy potent malware "Durian" targeting South Korean crypto firms. Exploiting legitimate security software, Durian facilitates backdoor access for malicious activities, potentially linked to Lazarus Group's extensive crypto-related cybercrime. Heightened vigilance urged amid evolving threat landscape.
Huang BoDormant Bitcoin wallets, untouched for a decade, suddenly come alive, each holding $61 million in Bitcoin. One transfers, the other stays silent, sparking intrigue. With connections suggesting common ownership, this event echoes a recent trend of awakening Satoshi-era wallets, amidst a landscape where millions of Bitcoin addresses remain dormant.
Huang BoGrayscale report: Bitcoin, crypto market poised for growth pending stable macroeconomy. Bitcoin resilient despite April dips. Fed hints at rate cuts amidst inflation concerns. Positive crypto developments include Bitcoin halving, stablecoin market growth.
EdmundHong Kong's spot Bitcoin ETFs saw second straight day of outflows, with 90.16 BTC leaving on Thursday. China Asset Management's ETF led outflows, reversing earlier inflow trends. Despite this, total AUM for all three ETFs reached 4,260 BTC and $261.45 million. Investor behavior shifts with $5.5 million total daily outflows.
EdmundHoskinson voices concerns over Biden administration's crypto approach, criticizes SEC's SAB 121. Warns of talent exodus and urges voting for crypto-friendly candidates. Contrasts Biden's stance with Trump's support for crypto. Calls for voter prioritization of crypto issues in upcoming elections.
Xu LinEU explores integrating cryptocurrencies into €12 trillion investment market, potentially eclipsing US crypto ETFs. ESMA's consultation on crypto under UCITS framework heralds a significant shift. Despite benefits, challenges like aligning custody practices remain, indicating a complex path ahead.
Xu LinThe Uniswap Foundation recently moved $40.66 million in UNI tokens to multiple cryptocurrency exchanges, including OKX and Kraken. The transfers aim to diversify the foundation's assets and boost liquidity on established platforms.
YouQuanIn an act to liberate the tech sector, the Bukele administration has introduced tech-friendly policies designed to bolster the nation's economy, including the elimination of taxes on technological innovations.
DavinThe Monetary Authority of Singapore (MAS) recently held its seventh annual meeting of the Cyber Security Advisory Panel (CSAP) with cybersecurity experts from around the world. Topics covered included the growing challenges in mobile banking security due to the increase in online scams and the expanding use of artificial intelligence (AI) in the financial industry.
JoyIn an interview with Decrypt at the Esports and Gaming Business Summit, Karim Farghaly, Bandai Namco’s Senior Vice President of Corporate Development, shared insights into the company's perspective on blockchain's potential role in video games.
ClementProject Guardian aims to propel digital asset tokenisation pilots across a spectrum of financial sectors, including fixed income, foreign exchange, and asset management products.
CatherineSpecial Investigation Team conducted raids in 41 locations and arrested one key suspect for India's multi-million crypto scam.
Hui XinAlameda enjoyed a $65 billion line of credit, surpassing any other customer on the exchange, initially starting at a few million dollars.
AlexRenowned investor Stanley Druckenmiller, in a recent interview with hedge fund manager Paul Tudor Jones, commended Bitcoin's establishment of its own "brand" over the past decade and a half.
JasperDelve into the ripple effects caused by the untimely death of Yoozoo Networks CEO Lin Qi, touching on the upcoming court case, internal power shifts, and the company's uncertain financial future. It also explores new strategic directions taken by Yoozoo in an attempt to stabilise its position in the gaming industry.
YouQuanGrammy-nominated DJ Steve Aoki is embarking on another digital adventure. He is collaborating with STEPN to introduce an exclusive NFT sneaker collection based on Solana.
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