infinityhedge
MicroStrategy posted an impairment charge of $24.1M on its bitcoin holdings in the second quarter, compared to $917.8M in the year-ago quarter and an $18.9M charge in Q1, according to its latest earnings report. [Coindesk]
In July, MicroStrategy acquired an additional 467 BTC for $14.4M and now holds 152,800 BTC. [Michael Saylor]
infinityhedge
UNITED STATES AAA CREDIT RATING MAY BE CUT BY FITCH IN 2011 S&P CUT AMERICAS CREDIT RATING DURING THE DEBT CEILING DRAMA DURING THE 2011 CRISES THE RUSSELL 2000 WAS DOWN 24% IN A WEEK AND THE S&P 500 WAS DOWN 17% [@infinityhedge]
Fitch downgrades the United States' long-term credit rating from AAA to AA+.
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G20 President India Publishes its Input for Framing Global Crypto Rules - CoinDesk
Kenyan government suspends activities of Worldcoin in country until relevant agencies certify the absence of risks to people.
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HEX token, created by Richart Heart, is no longer available for trading on Uniswap & is suspected to be officially removed from the front end.
[wublockchain]
[wublockchain]
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infinityhedge
Michael Egorov [Curve funder] OTC Deals: 1/8/23: →17.5M to Oxf510 [moved to 0x00fb4c, now moved to MultiSig 0x17a00] →12.5M to DWF Labs →5M to Justin Sun →4.25M to DCF GOD [staked] →3.75M to Machi Big Brothers [Locked for 6 months] →2.5M to Cream Finance…
so, Looks like Cream finance has also locked their 2M CRV out of 2.5M, sent rest to convex [Staking, cvxCRV].
+Yearn.Finance has transferred 1.5M USDT to Michael Egorov, few minutes ago, probably OTC deal.
+Yearn.Finance has transferred 1.5M USDT to Michael Egorov, few minutes ago, probably OTC deal.
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infinityhedge
so, Looks like Cream finance has also locked their 2M CRV out of 2.5M, sent rest to convex [Staking, cvxCRV]. +Yearn.Finance has transferred 1.5M USDT to Michael Egorov, few minutes ago, probably OTC deal.
Michael Egorov has just sent 3.75M CRV to Yearn.Finance.
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KuCoin is temporarily shutting down their BTC and LTC mining pools on August 16.
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Perpetual DEXs Insights:
➡️ Users Comparison:
GMX [584]
Kwenta[279]
Vertex [242]
➡️ Volume Comparison:
Vertex [$52.3M]
Kwenta[$50M]
GMX [$44.6M]
➡️ % Volume Market Share:
Vertex [21.1%]
Kwenta[20.1%]
GMX [17.9%]
➡️ % Fee Market Share:
GMX [44%]
Kwenta[12.4%]
Mux[10.1%]
GNS[9.8%]
Fees:
GMX:
Spot: 0.20% /0.80%
Perp: 0.10%/0.10%
Vertex:
Spot: Free/0.03%
Perp: Free /0.02%
*Data from above dune dashboard
@infinityhedge
➡️ Users Comparison:
GMX [584]
Kwenta[279]
Vertex [242]
➡️ Volume Comparison:
Vertex [$52.3M]
Kwenta[$50M]
GMX [$44.6M]
➡️ % Volume Market Share:
Vertex [21.1%]
Kwenta[20.1%]
GMX [17.9%]
➡️ % Fee Market Share:
GMX [44%]
Kwenta[12.4%]
Mux[10.1%]
GNS[9.8%]
Fees:
GMX:
Spot: 0.20% /0.80%
Perp: 0.10%/0.10%
Vertex:
Spot: Free/0.03%
Perp: Free /0.02%
*Data from above dune dashboard
@infinityhedge
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Sui unveils functionality that allows “token holders to receive derivative tokens proportional to the value of their staked Sui tokens".
[liquid staking]
[liquid staking]
infinityhedge
Weekly [24-31st] July Major Market Moving News - @infinityhedge July 24th [Mon] → $RBN 2.87% [$4.32M] Unlock July 25th [Tue] → Earnings: Google, Microsoft & Visa July 26th [Wed] → Earnings: Meta → 6.67M $GT $28.17M Unlock → Fed Interest Rate Decision 14:00…
LTC Halving Competed and Block Reward decreased from 12.5 to 6.25 $LTC.
U.S. DEPARTMENT OF JUSTICE OFFICIALS ARE CONSIDERING FRAUD CHARGES AGAINST CRYPTO EXCHANGE BINANCE - SEMAFOR - RTRS
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