Crypto news summary (07/11/2024)
This explanation will cover the main events in the world of #العملات_المشفرة and financial markets.
Porridge is divided into 5 paragraphs:
✅Positive news✅
⛔️Negative news⛔️
📰General News / Airdrops🪂
🔗Onchain News🔗
📊Economic data 📊
✅Positive news✅
✅In the last two days, net Bitcoin fund flows were positive +510 million dollars (mostly Blackrock)
✅Goldman Sachs, a $1.64 trillion asset manager, will launch three tokenization projects this year.
✅US Republican Senator Marsha Blackburn said that her re-election campaign accepts donations in #BTC☀ #ETH #DOGE #LTCand others.
✅ @Coinbase has launched a new web wallet app that will provide users with a hub for all#onchainactivity.
✅ Nigeria's Finance Minister called on the newly inaugurated SEC Board to address the complexities of regulating #cryptocurrencies.
✅Crypto asset manager @21Shares has launched three #عملات_رقمية exchange-traded platforms on#EuronextParis and Amsterdam, looking to grow its offering.
✅ UK Prime Minister Keir Starmer has appointed Tulip Siddiq as the new City Minister, signaling a potential shift in cryptocurrency policy.
✅ SKALE Labs has launched the#Ethereumscaling project, the “Pacifica V3” upgrade, which will accelerate block mining and transactions.
✅@SingularityNET(AGIX) announced a partnership with @Filecoin(FIL). x.com/BadwiCrypto/st…
⛔️Negative news⛔️
⛔️#Global_cryptocurrency_platfor#BitMEXpleads guilty to the crime of the Bank Secrecy Law
⛔️#Germanycompletes the sale of#Bitcoinand has 13,110#BTCremaining
⛔️ Fraud scams are increasing on #TON. Protect yourself with these tips:
Verify apps and avoid suspicious links.
Use strong encryption and two-factor authentication for self-protection applications.
Check for verification badges on Telegram.
Be skeptical of offers of free money.
📰General News / Airdrops🪂
📰 Lionel Messi and Ronaldinho Gaucho recently endorsed Solana-based @WaterCoin (#WATER) on #Instagram, aiming to build awareness around the project.
📰 Bitwise Asset Management faces a major lawsuit in New York Supreme Court from the#Mukamalfamily alleging that the company's top executives were involved in a "pump and dump" scheme and misleading investors.
📰 Labour's Tulip Siddiq, who is set to become UK city minister, is expected to support tokenization and digital asset initiatives to boost the country's position as a global crypto hub.
📰 Former#FTXCEOs Nishad Singh and Gary Wang will learn the fate of their court rulings on October 30 and November 20, respectively.
#CNBCsays: “People should consider allocating 2-5% into #Bitcoin.”
#Bitcoinmining company #TeraWulfsaid it no longer has any outstanding debt and is looking to expand its business.
📰According to Fox correspondent Eleanor Terrett, Behnam, Chairman of the Commodity Futures Trading Commission (#CFTC), said that an Illinois court confirmed that#Bitcoinand#Etherumare classified as digital goods. He also noted that 70-80% of assets in the cryptocurrency market are not securities. SEC Chairman Gary Gensler previously stated that the vast majority of cryptocurrencies are securities.
📰 According to Protos, the Malaysian government revealed that illegal cryptocurrency miners stole $722 million worth of electricity between 2018 and 2023. The Malaysian government has made it a priority to prevent cryptocurrency miners from stealing electricity.
📰@Uniswap urges the SEC to rethink expanding the#DeFirule.
🔗Onchain News🔗
⛓We are witnessing smart money flows towards#steth#shib #gmee#ocean #phb#btcb #mkr#link #fxs#wbeth
⛓We are witnessing external flows of smart money wallets from
#btc#ethx#comp#chz#reth#gal#woo#rndr#bnb #aave
📊Economic data 📊
📊 Federal Reserve Chairman Jerome Powell says he has not had any meetings or calls with President Biden since 2022.
📊 The average CPI forecast for June shows headline inflation at 3.1% and core CPI inflation at 3.4%.
🏁We have reached the end. We hope this information has given you a better understanding of the daily market dynamics.❤️
Always remember to follow market movements carefully and make informed investment decisions.
Thank you for your continued following and support 🙏
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