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- #17 Macro Markets - 24th June, 2023
#17 Macro Markets - 24th June, 2023
Institutional Money Flow, Top Movers, Narratives, Security, Regulations and everything about the crypto Economy.
The Sixth Sense
June 24, 2023
Welcome to the seventeenth issue of the Macro Markets. Let’s see overall market sentiment.
Price Action:
Crypto Markets increased by 1.50% taking the overall tracked market capitalization to $1.23T:
The global #crypto market cap today is $1.23T, a 1.50% change in the last 24h.
Total trading volume in the last 24h is at $54.4B.
#BTC dominance is at 48.33% and #ETH - 18.41%.24.06.2023 8:00:59 (UTC)
#DeFi#NFT#BSC#Tether#AVAX#XRP#TRX#Solana
— СryptoBubblesDaily (@cryptobubbles24)
8:03 AM • Jun 24, 2023
Crypto Today:
Bitcoin Fear & Greed Index:
Bitcoin Fear and Greed Index is 62 ~ Greed
Current price: $30,692— Bitcoin Fear and Greed Index (@BitcoinFear)
11:30 AM • Jun 24, 2023
Crypto Volatility Index stands at 53.02:
Commodity Insights (Oil):
❗Russian military mutiny raises oil risks for OPEC+ producer
okt.to/Pxjesy@boudicca83 reports🔸Mutiny comes as oil prices weaken
🔸Ukraine conflict has driven major price volatility since Feb 2022
🔸Wagner troops in major grain producing Rostov region#oott
— Commodity Insights Oil (@SPGCIOil)
9:04 AM • Jun 24, 2023
Major events in the centralized crypto world.
363 Sales Parties rooting for FTX 2.0:
Below is a list of "363 Sales Parties" which means entities that have expressed an interest in a part of, or the whole of, the international exchange for a restart of FTX 2.0.
This list is likely the ones who were contacted and signed a NDA to get more info about the exchange… twitter.com/i/web/status/1…
— Mr. Purple 🛡️ (@MrPurple_DJ)
12:37 AM • Jun 24, 2023
Tron Founder Justin Sun Unstakes $30M of Ether from Lido, Sends Tokens to Huobi
The crypto wallet of @justinsuntron unstaked and withdrew 15,805 ETH worth roughly $30 million from @LidoFinance on Thursday, then a few minutes later transferred 15,815 ETH to @HuobiGlobal, blockchain data on @AkhamIntel shows.
@sndr_krisztian reports— CoinDesk (@CoinDesk)
6:44 PM • Jun 22, 2023
Thread on Biggest Stories in Web3 Data this week:
Biggest Stories in Web3 Data this Week:
@DuneAnalytics adds @CeloOrg
@ArkhamIntel adds @trondao
@SpaceandTimeDB adds AI bot
@oceanprotocol contest w/ $5k rewards
@flipsidecrypto "Working in Web3" Space
@gelatonetwork "AI x web3" Space
@_kaitoai raises $5.5mDetails 🧵
— Primo Data (@primo_data)
1:57 PM • Jun 24, 2023
East/West Crypto Flippening:
The East/West Crypto Flippening is upon us. Hong Kong actually has a clear path to "come in and register" and a transparently published list of approved crypto assets. That's why they are going to become a global crypto leader.
— Cameron Winklevoss (@cameron)
3:13 PM • Jun 23, 2023
JPMorgan Starts Euro Blockchain Payments for Corporate Clients:
JPMorgan expands one of the most high-profile projects to bring blockchain technology to traditional banking, introducing euro-denominated payments for corporate clients using its JPM Coin
— Bloomberg Crypto (@crypto)
9:42 AM • Jun 23, 2023
Coinbase Wins at Supreme Court as Ruling Backs Arbitration:
U.S. Supreme Court sides with #Coinbase unit in a ruling that reinforces the ability of companies to channel customer and employee disputes into arbitration.
bqprime.com/business/coinb…
— BQ Prime (@bqprime)
3:52 PM • Jun 23, 2023
Celsius Investors Claim Crypto Market Maker Aided ‘Wash Trading’:
Wintermute? Wash trading? You don’t say!
The overwhelming majority of cryptocurrency trading is wash trading by fewer than twenty large players.
— Bitfinex’ed 🔥🐧 Κασσάνδρα 🏺 (@Bitfinexed)
10:34 PM • Jun 23, 2023
Trader opens $4 million short on the TUSD stablecoin on Aave:
dodgy TUSD behaviour, links across chains and to old addresses:
-many addresses have what look like failed redemptions
-but 1 party didn’t struggle at all
-tusd-on-bsc starts during this circus
-pt closure coincident w/ token returns— ChainArgos (@chainargos)
7:33 AM • Jun 23, 2023
Prime Trust Has 'Shortfall of Customer Funds,' Nevada Regulator Says:
📢 Prime Trust Has 'Shortfall of Customer Funds,' Nevada Regulator Says
Nevada regulator alleged that Prime Trust was unable to meet customer withdrawals as recently as yesterday.
~CoinDesk— BITCOIN EXPERT INDIA (@Btcexpertindia)
4:54 AM • Jun 23, 2023
Japan’s Biggest Bank MUFG Is in Talks to Issue Global Stablecoins:
Japan’s Biggest Bank MUFG Is in Talks to Issue Global Stablecoins. The nation’s legislation on stablecoins took effect on June 1. MUFG has its Progmat blockchain platform for minting tokens. BBG
bloomberg.com/news/articles/…— Wu Blockchain (@WuBlockchain)
2:15 AM • Jun 23, 2023
Binance out of Belgium:
FSMA: ORDERS BINANCE TO CEASE IMMEDIATELY ALL OFFERS OF VIRTUAL CURRENCY SERVICES IN BELGIUM - RTRS
— Tree News (@News_Of_Alpha)
4:33 PM • Jun 23, 2023
OPNX Files Defamation Lawsuit Against Mike Dudas, Issues Justice Tokens:
.@mdudas has been sued for defamation by OPNX, @KyleLDavies and @zhusu's new exchange.
@OKnightCrypto and @realDannyNelson report
— CoinDesk (@CoinDesk)
9:32 PM • Jun 22, 2023
Staked ETH hits 20M milestone, doubling since start of year:
NEWS: ETH staking continues to rise in popularity, reaching yet another milestone
— Blockworks (@Blockworks_)
7:55 PM • Jun 22, 2023
Alameda Seeks Return of $700M Paid to ‘Super Networkers’ for Celebrity, Political Access
When he’s willing to spend client money, it seems @SBF_FTX is willing to pay $700m in introducer fees to increase his influence.
Criminal.
#Alameda Seeks Return of $700M Paid to ‘Super Networkers’ for Celebrity, Political Access via @CoinDesk
— Simon Dixon (@SimonDixonTwitt)
2:16 PM • Jun 23, 2023
Amazon backs Gen AI startups via $100M fund:
In today's Snapshot: Amazon backs generative AI startups, Nevada closes Prime Trust, NFL Rivals hits a million downloads, and more!
twitter.com/i/web/status/1…— DL News (@DLNewsInfo)
8:04 AM • Jun 23, 2023
Three Quarters of Jurisdictions Not Complying With Global Crypto Laundering Norms, FATF Says:
Proposal urges Mantle to allocate $72 million to Lido Finance theblock.co/post/236188/pr…
— The Block (@TheBlock__)
1:23 PM • Jun 23, 2023
Coverage + Twitter Spaces on Wagner, Russia
🚨COUP UPDATES: Putin Reportedly Leaves Moscow | Machine Gun Positions Around Moscow | Wagner Convoy Heads to Moscow
As the coup continues, here's the latest updates from our various sources live on the ongoing Twitter Space:
- Worries of the Russian Nuclear Warheads moved to… twitter.com/i/web/status/1…
— Mario Nawfal (@MarioNawfal)
12:26 PM • Jun 24, 2023
CEX Market Statistics
Liquidation Heatmap - $141.40M worth of liquidations in the last 24 hours:
Open Interest:
Cumulative Long:Short in the market:
Good Reads:
Engaging the Masses: How Entertainment is Taking Web3 Mainstream:
In its most basic form, good entertainment connects with its audience on a human level. While the digital world seems to be becoming increasingly isolating and driven by artificial tech, visual media can serve as a reminder of our humanity and community.
— CoinDesk (@CoinDesk)
11:59 PM • Jun 23, 2023
This Is How Scammers Can Drain Your Crypto Wallet:
Ice phishing. Address poisoning. Social engineering. @FortaNetwork's @cseifert walks through some of the exploits and tricks that scammers are pulling to steal money from crypto users.
@baidakova reports
— CoinDesk (@CoinDesk)
7:19 PM • Jun 22, 2023
It’s Game On for Web3: How Gaming Will Onboard a Billion People:
While other industries like entertainment and loyalty programs have the potential to onboard millions of new users into Web3, gaming provides fertile ground for the seeds of mass adoption.
— CoinDesk (@CoinDesk)
12:02 PM • Jun 24, 2023
Inside Paradigm’s plan to make Ethereum more resilient:
Inside Paradigm’s plan to make Ethereum more resilient theblock.co/post/235941/in…
— The Block (@TheBlock__)
2:45 PM • Jun 22, 2023
Loyalty, Memberships and Ticketing: How NFTs Will Bring About Mass Adoption:
“Any artist who is minting their own NFTs can explore token-gated sales,” said @dvdmarcus of @Ticketmaster.
Read more from our three-part series on how different industries are tackling mass adoption.
@camgthompson reports:
— CoinDesk (@CoinDesk)
8:19 PM • Jun 22, 2023
Why you shouldn’t keep money at a CEX:
Attention: Your money is at risk! 🚨
This thread is a warning!
Let's explore 🧵👇
— Splin Teron (@splinter0n)
6:04 PM • Jun 21, 2023
How to find the next 100x using CoinBrain:
How to find the X100 GEM using only 1 tool? 💎
This tool is truly incredible, and yet no one is talking about it!🔥
Simple strategy, simple tool! 🧰
THREAD 🧵
— The Smart Ape 🔥 (@the_smart_ape)
12:03 PM • Jun 22, 2023
Thread on Azuki Elementals:
Azuki just announced a new collection called "Azuki Elementals"
Here is everything you need to know and my concerns about this new collection 🧵
1/11
— Moritz (@moritz_web3)
9:36 AM • Jun 24, 2023
UNIBOT:
The Rise of Telegram Bots: A New Cryptocurrency Narrative?
Also why I am regretting not buying $UNIBOT at 3$ ... 💔
⬇️ 🦄
— francesco (@francescoweb3)
11:41 AM • Jun 23, 2023
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