I will only remind you once, a black swan is coming, the kind that will be wailing everywhere. Clear all the spot stocks and wait for the bottom to be bought $BTC 68900 $ETH 2721 $BNB 600
At present, institutions have been buying bottoms in large quantities around 19,500 and 1,400. The current selling pressure comes from retail investors and giant whales, so be bold. The picture below shows my spot entry point, for reference only.
#crypto2023 #ETH Ethereum is currently correcting data sideways. A healthy trend requires stepping back to the 1610 line, and then will attack the 1680 pressure level again. Fans can place orders in advance to enter.
Ankr, which was previously hacked, announced the progress of the incident. Ankr stated that it is cooperating with law enforcement agencies recently. Previously, ZachXBT discovered that the funds transferred to Huobi were actually recovered funds. It is still trying to recover more funds and transfer them to Huobi. Transfer to 0x67077FDCD4b7429b2Fae6B7fFDA860D39247C552. Ankr said it has paid out more than $30 million to affected users and recovered more than $2 million from the hackers. On-chain data analyst ZachXBT tweeted that Ankr attackers sent ETH to an address last weekend and then transferred 1,559 ETH from that address to the Huobi deposit address.
Digital Currency Group (DCG) will close its wealth management subsidiary HQ Digital, which manages more than $3.5 billion in assets, The Information reports. DCG stated that due to the macroeconomic environment conditions and the long-term crypto winter that have brought significant headwinds to the industry, we have decided to close the company starting on January 31, with the possibility of revisiting the project in the future.
CoinGecko data shows that in the past month, the total market value of the stablecoin BUSD has dropped from US$22.1 billion to US$16.6 billion, with continuous net redemptions reaching US$5.5 billion. Meanwhile USDT rose from $65.7 billion to $66.3 billion, and USDC rose from $43 billion to $43.7 billion.
Data from The Block shows that Bitcoin miner revenue increased 0.85% from November to $477 million in December. The historical high of this data was $1.75 billion in March 2021. After the Merge of Ethereum in mid-September, the revenue of validators decreased significantly with the reduction of handling fees. In December, it fell again by nearly 9.58% from November to $80.32 million. The all-time high for this data was in May 2021, at $2.49 billion. #ETH #BTC
Binance founder Changpeng Zhao tweeted that he hopes to keep it simple in 2023 and spend more time on fewer things in order to know what to do and what not to do. In 2023, he will focus on four things: 1. Education, 2. Compliance, 3. Products and Services, 4. Ignore FUD, fake news and attacks, etc. Changpeng Zhao also said that there would be no products without security in the encryption industry, and money should never be the goal. #Binance
Bitcoin Core developer Luke Dashjr tweeted that his PGP key was leaked, resulting in the theft of more than 200 Bitcoins, equivalent to approximately $3.5 million. Binance CEO Changpeng Zhao later responded on Twitter, saying that there are risks in self-custody and that the Binance security team has monitored it and provided assistance as much as possible.
According to Solana Comapss data, 21.3 million SOL (approximately $214 million) will be unlocked in 2023, accounting for 4% of the total supply. Among them, 1.816 million SOL will be unlocked on January 7. In addition, the page shows that currently 48.13 million SOL locked shares are held by Alameda’s wallet, accounting for 66.1% of all locked shares. Given that Alameda is subject to Chapter 11 bankruptcy protection, it is unlikely that the shares will be transferred immediately upon unlocking until the liquidation proceedings are completed. Similar cases have taken up to ten years to complete.
Financial services companies in Hong Kong are working hard to prepare the groundwork to enable retail customers to trade virtual assets in the coming months, industry insiders said, according to the South China Morning Post.
Robert Lui, head of digital assets at Deloitte Hong Kong, said that many local brokers and fund management companies have sought advice from him on the licensing requirements under the new regulatory system. He added that relevant authorities may allow retail investors to trade virtual assets with higher market capitalization and greater liquidity.
In response to an inquiry from Radio Hong Kong, the Hong Kong Securities and Futures Commission stated that the cryptocurrency exchange FTX’s filing for bankruptcy protection has affected other virtual tokens and even the entire industry ecology, highlighting the risks of retail investors using virtual asset trading platforms that are not fully regulated, and whether the regulatory framework can protect them. It is important for investors to continue to monitor developments. The Hong Kong Securities and Futures Commission said that with the passage of the "Anti-Money Laundering and Kongbu Element Fund Raising (Amendment) Bill" by the Lifa Council, the Hong Kong Securities and Futures Commission is drafting the regulatory requirements for licensed virtual asset exchanges under the new system and will launch public consultations. Closely monitor the latest developments in the field of virtual assets, take investor protection as the primary goal, and consider different opinions received from the market.
The USDD/3Crv liquidity pool of the TRON ecological algorithmic stablecoin USDD on Curve is severely tilted, with USDD accounting for 86.1%. In addition, CoinGecko data shows that the current USDD price is approximately US$0.9709.
Binance tweeted that it has noticed abnormal price movements on certain trading pairs on Binance, involving assets such as SUN, ARDR, OSMO, FUN and GLM, and the team is investigating suspicious accounts and taking appropriate action. Binance said the activity does not appear to be due to compromised accounts or stolen API keys and that funds are currently safe.