13256
Stocks & Crypto Coins Updates Number one over telegram @Coins Share link: https://t.me/+IoiSGRbLGv00ZDhl
The IRS is working with Chainalysis and with Ukrainian investigators to track Russian individuals who might be using crypto to evade sanctions in the aftermath of Russia’s invasion of Ukraine
US donating licenses for investigative tool, hosting trainings
Aim is to improve information-sharing between US, Ukraine
https://www.bloomberg.com/news/articles/2023-05-11/irs-chainalysis-working-with-ukraine-to-track-russian-crypto-sanctions-evaders
📍 Follow @Coins for the hottest news in crypto.
Samsung to research South Korea’s CBDC for offline payments.
Samsung also participated in the second phase of the BOK’s 10-month CBDC simulation experiment research, which concerned the retail use of CBDCs. The first stage of the BOK’s CBDC research tested basic functions such as CBDC’s issuance, distribution and redemption.
https://cointelegraph.com/news/samsung-to-research-south-korea-s-cbdc-for-offline-payments
📍 Follow @Coins for the hottest news in crypto.
Argentine electronic bank Uala will suspend its cryptocurrency business and customers must sell their holdings. Uala currently has 300,000 users holding crypto, and they are required to sell it within 30 days. Because the Central Bank of Argentina last week requested not to assist customers in digital asset business.
https://rossaprimavera.ru/news/556adbce
📍 Follow @Coins for the hottest news in crypto.
Andrew Kang: “The great rise of Tether profitability changes the flow dynamics of BTC in a big way
If they direct most of their annualized $6b profits into BTC, it almost completely offsets selling pressure from Gox, US gov”.
https://twitter.com/rewkang/status/1657454477585129472
If you are the decision maker at tether, would you route profits to buy & hodl BTC? 👍/👎
📍 Follow @Coins for the hottest news in crypto.
Binance announced that it will proactively withdraw from the Canadian marketplace, because the new guidance related to stablecoins and investor limits provided to crypto exchanges makes the Canada market no longer tenable for Binance at this time. Canada is the home country of CZ.
https://twitter.com/binance/status/1657099651210969088
📍 Follow @Coins for the hottest news in crypto.
LG patented a TV that will allow users to trade NFTs.
https://patentscope.wipo.int/search/en/detail.jsf?docId=WO2023080273
📍 Follow @Coins for the hottest news in crypto.
29k BTC options are about to expire with a Put Call Ratio of 0.63, a max pain point of $28,000 and a notional value of $770 million.
181k ETH options are about to expire, with a Put Call Ratio of 0.81, a max pain point of $1,900 and a notional value of $320 million.
https://twitter.com/GreeksLive/status/1656828014746042368
📍 Follow @Coins for the hottest news in crypto.
Elon Musk has hired a new CEO of Twitter, who will take over in six weeks.
https://twitter.com/elonmusk/status/1656748197308674048
📍 Follow @Coins for the hottest news in crypto.
This decline suggests that approximately 266,000 bitcoins, acquired between November and January, have been sold from the 1st of May until now.
https://cryptoquant.com/insights/quicktake/645c024dbbe24f02e5f81973-Can-you-provide-a-more-concise-explanation-for-the-decline-in-Bitcoins-price-fro
📍 Follow @Coins for the hottest news in crypto.
April PPI inflation, the Fed's "preferred inflation gauge," falls to 2.3%, below expectations of 2.4%.
Core PPI fell to 3.2% which was also below expectations of 3.3%.
There seems to be more data suggesting that a "Fed pivot" is on the horizon.
📍 Follow @Coins for the hottest news in crypto.
Robinhood reported cryptocurrency trading revenues declined 30% during the first quarter of this year to $38 million.
During the same quarter in 2022, the company reported trading revenues of $54 million.
Robinhood also reported that its crypto assets "under custody" dipped by 42% year-on-year to $12 billion.
https://www.theblock.co/post/230330/robinhood-reports-steep-30-decline-in-crypto-trading-revenues-year-on-year
📍 Follow @Coins for the hottest news in crypto.
New York introduces bill to accept stablecoins as a form of payment for bail.
📍 Follow @Coins for the hottest news in crypto.
UAE’s Royal Group Shorts US Stocks on Global Recession Fears
Royal Group has built short position worth billions of dollars
Firm helps manage one of the world’s biggest family fortunes
https://www.bloomberg.com/news/articles/2023-05-10/uae-s-royal-group-shorts-us-stocks-on-global-recession-fears
📍 Follow @Coins for the hottest news in crypto.
Ethereum may experience serious pressure on the price in the near future:
The largest staker of ETH coins, Lido Finance, announced the release of an update on May 15, in which the withdrawal of coins from staking pools will become available. The developers claim that the withdrawal will take up to 3 days, and the initial available withdrawal amount from the pool will be about 270,000 ETH ( ~500,000,000$ ).
Also, we recall that in total, more than 6 million ETH are stored in Lido, with a total value of about $12 billion.
Will $0.5 billion shake the price of ETH? We'll find out after May 15.
https://twitter.com/LidoFinance/status/1655656843501355009
📍 Follow @Coins for the hottest news in crypto.
U.S. CPI in 30 min
📍 Follow @Coins for the hottest news in crypto.
SEC Chairman: Everything other than Bitcoin is a security.
https://twitter.com/btc_archive/status/1658050933048197122
📍 Follow @Coins for the hottest news in crypto.
Newly released data from the Federal Reserve has revealed that more than 700 American banks face significant safety and soundness risks due to massive unrealized losses on their balance sheets.
https://coinmarketcap.com/community/articles/645f75ff0835aa55c551fe34/
📍 Follow @Coins for the hottest news in crypto.
Ark Fund bought another 69,386 shares of Coinbase during the week.
The total number of shares owned is now 10.979 million shares, with a market value of about $663 million.
https://arktrace.com/coin.html
📍 Follow @Coins for the hottest news in crypto.
Bakkt mass delists tokens.
The full list of de-listed tokens are: Aave (AAVE), Avalanche (AVAX), Bancor Network Token (BNT), Basic Attention Token (BAT), Chainlink (LINK), Chiliz (CHZ), Compound Token (COMP), Cosmos (ATOM), Curve DAO (CRV), Enjin Coin (ENJ), Fantom (FTM), Filecoin (FIL), GALA (GALA), The Graph (GRT), Internet Computer (ICP), Loopring (LRC), Maker DAO (MKR), Republic (REN), Stellar (XLM), Sushiswap (SUSHI), Synthetix (SNX), Texos (XTZ) and Uniswap (UNI).
https://www.coindesk.com/business/2023/05/12/bakkt-mass-delists-tokens-including-aave-avalanche-compound-filecoin-makerdao-and-uniswap/
📍 Follow @Coins for the hottest news in crypto.
New Twitter CEO Linda Yaccarino is following Shiba Inu on the platform.
📍 Follow @Coins for the hottest news in crypto.
The Lisk Foundation is exchanging 1000 BTC into ETH over the next 10 weeks and will hold onto them as part of its long-term treasury.
https://twitter.com/maxkordek/status/1656629386689363970
📍 Follow @Coins for the hottest news in crypto.
Santiment: “The percentage of ETH on exchanges is at its lowest (10.1%) since public trading began in 2015”.
https://twitter.com/santimentfeed/status/1656748605787766784
📍 Follow @Coins for the hottest news in crypto.
U.S. Chamber of Commerce files brief calling out the SEC for refusing to answer which digital assets are securities, saying its actions are "unlawful."
"THE SEC’S DELAY IS CAUSING GREAT ECONOMIC HARM."
📍 Follow @Coins for the hottest news in crypto.
A meme token whose handle is followed by CZ suddenly wakes up and sees massive activity.
Is there something that we don't know and 'they' know?
https://dropstab.com/coins/green-shiba-inu
📍 Follow @Coins for the hottest news in crypto.
Binance Will Reduce the Processing Time for ETH Staking Withdrawals.
Following feedback from the community, Binance will reduce the processing time for ETH Staking withdrawal requests to five days, effective from 2023-05-18 08:00 (UTC). This is a large decrease from the initial processing time required (i.e., 15 days).
https://www.binance.com/en/support/announcement/binance-will-reduce-the-processing-time-for-eth-staking-withdrawals-98539cbc6e794dbebccac64004aaf59c
What do you think happens first?
👍 BTC to $30k
👎 BTC to $26k
📍 Follow @Coins for the hottest news in crypto.
RUMORS: US govt bitcoin wallets on the move.
https://blockstream.info/tx/0d3873d4a9e5b31156605143f27b84a503d69f70df46b31576bc26f7a6c947ae
📍 Follow @Coins for the hottest news in crypto.
Today #tether announces its Q1 2023 Assurance Report (attestation) 👀
- Net profit for this quarter of $1.48bn leading to a surplus over reserves of $2.44B- an all time high!! 🤯
- This report adds new explicit separate categories for our #Bitcoin and Gold 🪙 holdings, representing 2% and 4% of our total reserves respectively.
- We have reduced secured loans from 8.7% to 6.5% of reserves. A 25% reduction! We shall continue to 0 as promised.
- Q1/2023 shows direct US T-bill holdings of over $53bn (another all time high for Tether) representing more than 64% of total reserves.
- A massive reduction in bank deposits, lowering our unsecured counterparty exposure.
- All new issuance of tokens in Q1/2023 was invested in US t-bills or placed in overnight reverse repo facilities (fully collateralised by US treasuries). With $7.5bn now directly invested in overnight reverse repo, our reserves continue to be not only extremely high quality but also highly liquid.
To give you a comparison: Blackrock Q1 net income: $1.16 billion
https://twitter.com/paoloardoino/status/1656301275645108224
📍 Follow @Coins for the hottest news in crypto.
US inflation falls to 4.9%, lower than expectations.
📍 Follow @Coins for the hottest news in crypto.
Warren Buffett’s stock portfolio is now worth $347 billion.
86% of it is invested in these 8 companies:
Apple
Bank of America
Chevron
Coca-Cola
American Express
Occidental Petroleum
Kraft Heinz
Moody's
Buffett is now sitting on a $130 billion cash pile.
Telegram | Twitter