Binance US Eliminating Fees on Bitcoin Trades
The American cryptocurrency exchange BinanceUS is no longer charging fees for buying or selling Bitcoin with U.S. dollars.
That includes eliminating fees on Bitcoin trades for the three top stablecoins: USDT, USDC, and BUSD. Such stablecoins are pegged to the U.S. dollar using USD reserves, or other highly liquid financial instruments.
Source
The American cryptocurrency exchange BinanceUS is no longer charging fees for buying or selling Bitcoin with U.S. dollars.
That includes eliminating fees on Bitcoin trades for the three top stablecoins: USDT, USDC, and BUSD. Such stablecoins are pegged to the U.S. dollar using USD reserves, or other highly liquid financial instruments.
Source
Decrypt
Binance US Eliminating Fees on Bitcoin Trades - Decrypt
BinanceUS is no longer charging fees on Bitcoin to “help our market and customers in a time of need,” CEO Brian Shroder said.
Most Bitcoin cyclic indicators suggests we're forming a bottom
A test of patience and conviction for investors and probably not a good time to short.
source
A test of patience and conviction for investors and probably not a good time to short.
source
Coinbase to shut down Coinbase Pro to merge trading services
Coinbase’s professional trading platform Coinbase Pro will cease to exist as the cryptocurrency exchange is restructuring services to bring them all into one platform.
The United States-based crypto trading firm Coinbase officially announced on June 22 that it will start sunsetting Coinbase Pro to migrate all advanced trading services into one unified Coinbase account.
Source
Coinbase’s professional trading platform Coinbase Pro will cease to exist as the cryptocurrency exchange is restructuring services to bring them all into one platform.
The United States-based crypto trading firm Coinbase officially announced on June 22 that it will start sunsetting Coinbase Pro to migrate all advanced trading services into one unified Coinbase account.
Source
Goldman Sachs Leading Investor Group to Buy Celsius Assets
🔸 Goldman Sachs is looking to raise $2 billion from investors to buy up distressed assets from troubled crypto lender Celsius
🔸 Citigroup (C) and Akin Gump have both recommended Celsius file for bankruptcy but the two companies have yet to confirm this
Goldman Sachs getting their hands deeper into Web3
source
🔸 Goldman Sachs is looking to raise $2 billion from investors to buy up distressed assets from troubled crypto lender Celsius
🔸 Citigroup (C) and Akin Gump have both recommended Celsius file for bankruptcy but the two companies have yet to confirm this
Goldman Sachs getting their hands deeper into Web3
source
FTX Could Soon Purchase Stake in BlockFi: Report
Crypto exchange FTX is in talks to purchase stake in BlockFi, according to reports from the Wall Street Journal today.
BlockFi received a $250 million line of credit from FTX earlier this week, suggesting the firm is in need of funding.
FTX and related companies have made other investments and acquisitions over the past several months.
Source
Crypto exchange FTX is in talks to purchase stake in BlockFi, according to reports from the Wall Street Journal today.
BlockFi received a $250 million line of credit from FTX earlier this week, suggesting the firm is in need of funding.
FTX and related companies have made other investments and acquisitions over the past several months.
Source
Terra's Do Kwon Appears in Crosshairs of Hacktivism Group Anonymous
The hacktivist group known as "Anonymous" has announced its new target—Terra's Do Kwon.
The infamous cryptocurrency founder has become the subject of a new video published by the hacktivist collective.
Anonymous claims that Kwon is "singlehandedly" responsible for scamming billions of dollars away from retail investors.
The hacker network, which is widely seen as the modern-day Robin Hood, recalled how the abrasive Terra co-founder said that it would be "entertaining" to watch other projects fail, and he calls critics "poor" for asking difficult questions.
Source
The hacktivist group known as "Anonymous" has announced its new target—Terra's Do Kwon.
The infamous cryptocurrency founder has become the subject of a new video published by the hacktivist collective.
Anonymous claims that Kwon is "singlehandedly" responsible for scamming billions of dollars away from retail investors.
The hacker network, which is widely seen as the modern-day Robin Hood, recalled how the abrasive Terra co-founder said that it would be "entertaining" to watch other projects fail, and he calls critics "poor" for asking difficult questions.
Source
Coinbase Launches Crypto Derivatives Product ‘Built with the Retail Trader in Mind’
On Monday (June 27), Coinbase Derivatives Exchange, which is “a CFTC regulated Designated Contract Markets (DCM) futures exchange”, is launching Nano Bitcoin futures (BIT), its first crypto derivative product and one that was “built with the retail trader in mind.”
As you may already know, on January 12, Coinbase announced that it was “acquiring FairX, aCFTC-regulated derivatives exchange”, that this acquisition was “a key stepping stone on Coinbase’s path to offer crypto derivatives to retail and institutional customers in the US,” and that this acquisition was “expected to close in Coinbase’s first fiscal quarter.”
Source
On Monday (June 27), Coinbase Derivatives Exchange, which is “a CFTC regulated Designated Contract Markets (DCM) futures exchange”, is launching Nano Bitcoin futures (BIT), its first crypto derivative product and one that was “built with the retail trader in mind.”
As you may already know, on January 12, Coinbase announced that it was “acquiring FairX, aCFTC-regulated derivatives exchange”, that this acquisition was “a key stepping stone on Coinbase’s path to offer crypto derivatives to retail and institutional customers in the US,” and that this acquisition was “expected to close in Coinbase’s first fiscal quarter.”
Source
Swiss National Bank exec: Regulators may favor centralized stablecoins after Terra crisis
Thomas Moser hinted that regulations might take time as the current regulations would wipe out the decentralized ecosystem like DeFi.
Swiss National Bank (SNB) deputy head Thomas Muser talked to Cointelegraph editor Aaron Wood and discussed the ongoing trends in central bank digital currencies (CBDCs), stablecoins, and regulations, during the recently concluded European Blockchain Convention (EBC) 2022.
Source
Thomas Moser hinted that regulations might take time as the current regulations would wipe out the decentralized ecosystem like DeFi.
Swiss National Bank (SNB) deputy head Thomas Muser talked to Cointelegraph editor Aaron Wood and discussed the ongoing trends in central bank digital currencies (CBDCs), stablecoins, and regulations, during the recently concluded European Blockchain Convention (EBC) 2022.
Source
June 30, 2022
MARKET ANALYSIS:
Market Cap.: $863,056,282,943.288
24h Volume: $64,767,739,041.33
BTC Dominance: 42.4%
ETH Dominance: 14.6%
🔸BK®.. Health Standard: 4.04 (1 to 10)
🔸BK®.. Sentiment: -22.18% (-100% to 100%)
BINANCE ANALYSIS (BTC pairs):
Top Gainers
1. NMR: +107%
2. AMP: +55%
3. RLC: +31%
Top Losers
1. PROM: -18%
2. TORN: -14%
3. AUCTION: -14%
BINANCE FUTURES:
Top Gainers
1. RLCUSDT: +21.64%
2. IMXUSDT: +3.75%
Top Losers
1. LUNA2USDT: -15.87%
2. UNFIUSDT: -15.80%
LARGEST VOLUME (24h)
1. ETH/BTC (18,934 BTC)
2. SOL/BTC (895 BTC)
DAILY OUTLOOK
Volume has increased a bit over the last 24 hours, mainly made up of BTC and ETH selling by larger market players. Retail is still net short on lower time frames, meaning that bears have pretty much exhausted most of their strength.
MARKET ANALYSIS:
Market Cap.: $863,056,282,943.288
24h Volume: $64,767,739,041.33
BTC Dominance: 42.4%
ETH Dominance: 14.6%
🔸BK®.. Health Standard: 4.04 (1 to 10)
🔸BK®.. Sentiment: -22.18% (-100% to 100%)
BINANCE ANALYSIS (BTC pairs):
Top Gainers
1. NMR: +107%
2. AMP: +55%
3. RLC: +31%
Top Losers
1. PROM: -18%
2. TORN: -14%
3. AUCTION: -14%
BINANCE FUTURES:
Top Gainers
1. RLCUSDT: +21.64%
2. IMXUSDT: +3.75%
Top Losers
1. LUNA2USDT: -15.87%
2. UNFIUSDT: -15.80%
LARGEST VOLUME (24h)
1. ETH/BTC (18,934 BTC)
2. SOL/BTC (895 BTC)
DAILY OUTLOOK
Volume has increased a bit over the last 24 hours, mainly made up of BTC and ETH selling by larger market players. Retail is still net short on lower time frames, meaning that bears have pretty much exhausted most of their strength.
News Update: First Spot Bitcoin ETF approved to launch in Europe this July
🔸 Jacobi Asset Management has announced it will launch a European spot bitcoin ETF this July. The exchange-traded fund will be named the Jacobi Bitcoin ETF and listed on Euronext Amerstdam.
Adoption still rising amidst market uncertain conditions.💪
Source
🔸 Jacobi Asset Management has announced it will launch a European spot bitcoin ETF this July. The exchange-traded fund will be named the Jacobi Bitcoin ETF and listed on Euronext Amerstdam.
Adoption still rising amidst market uncertain conditions.💪
Source
Attention please, attack on 0xPolygon is ongoing right now!
Users see an RPC error asking users to urgently reset their seed on polygonapp.net (looks like this is wether DNS hijack or a form of a supply chain attack).
Just a scam popup to bring you to a page to put your seed.
New attack vector discovered*
✅
* Bitcoin wallet Electrum has had this issue in the past - dishonest nodes phishing. First time on “modern chains”.
Use your own RPCs. You can get one for free with POKTnetwork or AlchemyPlatform!
Literally the same attack is ongoing now on Fantom!
rpc.ftm.tools is having issues at the moment and should not be used.
If you're using that RPC, please change it to the following: rpc.ankr.com/fantom
It resolves to the same IP so this is the same hacker’s actions:
#blockchain #security #privacy
Users see an RPC error asking users to urgently reset their seed on polygonapp.net (looks like this is wether DNS hijack or a form of a supply chain attack).
Just a scam popup to bring you to a page to put your seed.
New attack vector discovered*
✅
* Bitcoin wallet Electrum has had this issue in the past - dishonest nodes phishing. First time on “modern chains”.
* Server certificate:
* subject: CN=polygon-rpc.com
* start date: Jul 1 07:39:10 2022 GMT (‼️)
* expire date: Sep 29 07:39:09 2022 GMT
* subjectAltName: host "polygon-rpc.com" matched cert's "polygon-rpc.com"
* issuer: C=US; O=Let's Encrypt; CN=R3
Very suspicious certificate, issued today by Let’sEncrypt
TUse your own RPCs. You can get one for free with POKTnetwork or AlchemyPlatform!
Literally the same attack is ongoing now on Fantom!
rpc.ftm.tools is having issues at the moment and should not be used.
If you're using that RPC, please change it to the following: rpc.ankr.com/fantom
It resolves to the same IP so this is the same hacker’s actions:
;; ANSWER SECTION:
rpc.ftm.tools. 78316 IN A 186.2.171.14
Stay Safe! #blockchain #security #privacy
X (formerly Twitter)
Polygon | Aggregated (@0xPolygon) on X
Updates on all things Polygon. Run by Polygon Labs.
| @0xPolygonFDN - Protocol & Governance
| @0xPolygonDeFi - DeFi
| @0xPolygonECO - Ecosystem
| @0xPolygonFDN - Protocol & Governance
| @0xPolygonDeFi - DeFi
| @0xPolygonECO - Ecosystem
Bitcoin and the dollar go in opposite ways
🔸 Notably, in the week ending July 3, the weekly correlation coefficient between BTC and USD fell to 0.77 below zero, the lowest level in the previous seventeen months.
🔸 In the same weekly session, Bitcoin's correlation with the tech-heavy Nasdaq Composite rose to 0.78 above zero.
🔸 This is partly due to how these markets have performed so far this year amid recessionary worries sparked by the Federal Reserve's benchmark rate increases to combat growing inflation.
🔸 Notably, in the week ending July 3, the weekly correlation coefficient between BTC and USD fell to 0.77 below zero, the lowest level in the previous seventeen months.
🔸 In the same weekly session, Bitcoin's correlation with the tech-heavy Nasdaq Composite rose to 0.78 above zero.
🔸 This is partly due to how these markets have performed so far this year amid recessionary worries sparked by the Federal Reserve's benchmark rate increases to combat growing inflation.
Global Outlook:
▫️Asian and European market started slightly positive on Monday.
▫️US futures are trading more than 0.50% negative. US Spot Market is closed today because of US Independence Day.
❕Fed will release June FOMC minutes on July 7.
❕US CPI data on July 13. We expect high volatility in the US Market based on these data.
❕FOMC meeting on July 27.
▫️Asian and European market started slightly positive on Monday.
▫️US futures are trading more than 0.50% negative. US Spot Market is closed today because of US Independence Day.
❕Fed will release June FOMC minutes on July 7.
❕US CPI data on July 13. We expect high volatility in the US Market based on these data.
❕FOMC meeting on July 27.
Dutch University recovers Bitcoin ransom payment worth 12x original value
After paying a ransom in Bitcoin (BTC) to regain access to data that was stolen by ransomware, a university in the Netherlands was able to retrieve the cryptocurrency and make a sizeable profit off of it.
Source
After paying a ransom in Bitcoin (BTC) to regain access to data that was stolen by ransomware, a university in the Netherlands was able to retrieve the cryptocurrency and make a sizeable profit off of it.
Source