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- #23 Macro Markets - 30th June, 2023
#23 Macro Markets - 30th June, 2023
Institutional Money Flow, Top Movers, Narratives, Security, Regulations and everything about the crypto Economy.
The Sixth Sense
June 30, 2023
Welcome to the twenty-third issue of the Macro Markets. Let’s see overall market sentiment.
Price Action:
Crypto Markets increased by 1.68% taking the overall tracked market capitalization to $1.24T:
The global #crypto market cap today is $1.24T, a 1.68% change in the last 24h.
Total trading volume in the last 24h is at $45.8B.
#BTC dominance is at 48.31% and #ETH - 18.34%.30.06.2023 12:11:32 (UTC)
#DeFi#NFT#BSC#Tether#AVAX#XRP#TRX#Solana
— СryptoBubblesDaily (@cryptobubbles24)
12:13 PM • Jun 30, 2023
Crypto Today:
Top Gainers (24 hours):
⚡️TOP GAINERS OF THE DAY!
30 June 2023
$XEC $CEL $FTT $SOS $COMP $LTC $VGX $XPRT $LBR $FLOKI— 🇺🇦 CryptoDep #StandWithUkraine 🇺🇦 (@Crypto_Dep)
11:11 AM • Jun 30, 2023
Bitcoin Fear & Greed Index:
Bitcoin Fear and Greed Index is 56 — Greed
Current price: $30,783— Bitcoin Fear and Greed Index (@BitcoinFear)
11:30 AM • Jun 30, 2023
Crypto Volatility Index stands at 47.39:
Major events in the centralized crypto world.
Emerging Prime Trust ties have traders fretting over TUSD:
NEWS: TUSD’s withdrawal problems are mounting
— Blockworks (@Blockworks_)
8:11 PM • Jun 29, 2023
CME Group Announces Plans to Launch ETH to BTC Ratio Futures:
The derivatives marketplace expects that the new product will let traders efficiently capture the value of ETH and BTC in a single trade.
Read now:— Laura Shin (@laurashin)
1:30 PM • Jun 30, 2023
Liquid Staking Frenzy Spreads to Solana as Drift's 'Super Stake' Offers One-Click Leverage:
The new “Super Stake” feature on @DriftProtocol is a hit among traders trying to get extra yield on their staked $SOL tokens @realDannyNelson reports
— CoinDesk (@CoinDesk)
6:36 PM • Jun 29, 2023
Melania Trump issues $50 NFTs ahead of Independence Day:
Melania Trump issues $50 NFTs ahead of Independence Day, per the Block.
— unusual_whales (@unusual_whales)
6:50 PM • Jun 29, 2023
Bitcoin Cash Tops $300 as South Korean Trading Volumes Surge:
quoted you here
— Omkar Godbole (@godbole17)
12:52 PM • Jun 30, 2023
Vitalik Buterin voices concern about SEC's treatment of Solana and other projects:
Vitalik says he feels bad that other crypto projects like Solana are being targeted by the SEC
he says they don’t deserve it and if ethereum ends up "winning" through all other blockchains getting kicked off exchanges, that's not an honorable way to win, and in the long term… twitter.com/i/web/status/1…
— Crypto Tea (@CryptoTea_)
12:02 PM • Jun 30, 2023
Web3 Can Actually Compete in the Computer Chip Race:
Just published on our blog: "Web3 Can Actually Compete in the Computer Chip Race." 💻 Discover how the latest advancements in Web3 technology are challenging the computer chip industry and what it means for the future. Check out the full article here:
— DeFI Alliance DAO (@DeFiAlliance_)
3:17 PM • Jun 30, 2023
Binance’s Institutional Clients Remain Optimistic on Crypto Amid Tough Market:
According to a recent survey by @BinanceResearch, the crypto exchange's institutional clients are optimistic on the outlook of crypto for the next year and beyond. @LedesmaLyllah reports.
— CoinDesk (@CoinDesk)
9:02 AM • Jun 30, 2023
Bitcoin Set for Second Quarterly Gain as Smaller Tokens Lag by the Most Since 2020:
Bitcoin is set for a second straight quarterly gain, tightening its grip on crypto markets as smaller tokens nurse losses
— Bloomberg Crypto (@crypto)
8:45 AM • Jun 30, 2023
Institutional trade volume exceeds $3 billion on OKX's Liquid Marketplace:
Institutional trade volume exceeds $3 billion on OKX's Liquid Marketplace theblock.co/post/237191/in…
— The Block (@TheBlock__)
9:50 AM • Jun 30, 2023
South Korea Passes Inaugural Standalone Crypto Bill After Spate of Scandals:
South Korea approved its first standalone digital-asset bill to boost investor protection just over a year after the implosion of tokens created by countryman Do Kwon exacerbated a $2 trillion crypto-market rout
— Bloomberg (@business)
6:36 AM • Jun 30, 2023
SEC vs Coinbase Case Set for July 13 After Exchange’s ‘Creative' Opening Response:
SEC Vs. Coinbase. Coming soon to a court room near you.
— The Wolf Of All Streets (@scottmelker)
10:16 AM • Jun 30, 2023
Citigroup Reviews Partnership With Crypto Custodian Metaco:
Citi has put its partnership with crypto custodian Metaco under review, a year after announcing it
— Bloomberg Crypto (@crypto)
9:55 AM • Jun 30, 2023
Bankrupt Celsius Can Convert Altcoins to BTC, ETH Starting July 1 Following SEC Talks:
.@CelsiusNetwork can start converting altcoins starting tomorrow, as the bankrupt crypto lender prepares for a BTC and ETH-based creditor distribution, a New York judge said.
@jackschickler reports— CoinDesk (@CoinDesk)
2:40 PM • Jun 30, 2023
Ethereum Name Service plans expansion to Layer 2 ecosystem:
.@ensdomains is going Layer 2. It plans to use L2 resolvers via an off-chain registrar contract and other service providers like Coinbase-operated cb.id, @LensProtocol (on Polygon), and @OptiNames (on OP chain). My latest for The Block:
theblock.co/post/237209/et…
— Vishal Chawla 🛸 (@vishal4c)
1:34 PM • Jun 30, 2023
Crypto donations for Russian military groups reach almost $20 million, Elliptic says:
ICYMI: Crypto donations for Russian military groups reach almost $20 million, Elliptic says
theblock.co/post/237128/pr…— The Block (@TheBlock__)
2:13 AM • Jun 30, 2023
SEC Says Spot Bitcoin ETF Filings Are Inadequate:
WSJ is reporting that SEC ppl told the exchanges that the current crop of bitcoin filings is inadequate.
— Eric Balchunas (@EricBalchunas)
1:45 PM • Jun 30, 2023
Can we just remark on the lunacy of the SEC demanding that ETF issuers have knowledge of virtually every trade in a global spot commodity traded in every country on earth including p2p and held by 50-100m people
— nic 🌠 carter (@nic__carter)
1:57 PM • Jun 30, 2023
SEC Chair Gensler must recuse himself from crypto enforcement decisions:
"With such clear bias, and such dereliction of the basic tenets of due process, the agency cannot fairly supervise the digital assets industry...it’s time for Chair Gensler to recuse himself," writes @MTCoppel for @FortuneCrypto.
— Blockchain Association (@BlockchainAssn)
5:48 PM • Jun 29, 2023
Rpay receives license from OFAC to operate in Venezuela:
Rpay has received a license from OFAC to operate in Venezuela with reduced sanctions uncertainty!
This goes to show:
Government agencies can *support* crypto-powered products that provide real value 🤝🙌🙌Thank you to the @USTreasury for your cooperation!
— Reserve (@reserveprotocol)
6:43 PM • Jun 29, 2023
UK Passes Bill Recognizing Crypto as Regulated Financial Activity:
JUST IN: 🇬🇧 UK passes bill into law recognizing #Bitcoin and crypto as regulated financial activity.
— Bitcoin Magazine (@BitcoinMagazine)
2:31 PM • Jun 29, 2023
OKX expands sponsorship deal with Manchester City:
OKX expands sponsorship deal with Manchester City theblock.co/post/237200/ok…
— The Block (@TheBlock__)
1:01 PM • Jun 30, 2023
No student loan forgiveness:
CEX Market Statistics
Liquidation Heatmap - $218.75M worth of liquidations in the last 24 hours:
Open Interest:
Cumulative Long:Short in the market:
Good Reads:
MicroStrategy's Michael Saylor on gold, Ordinals and Bitcoin ETFs:
MicroStrategy's Michael Saylor on gold, Ordinals and Bitcoin ETFs theblock.co/post/237105/mi…
— The Block (@TheBlock__)
3:00 PM • Jun 30, 2023
Illicit Crypto Ecosystem:
TRM Labs introduced the Illicit Crypto Ecosystem Report. In 2016, two-thirds of crypto hack volume was on Bitcoin; in 2022, Bitcoin accounted for just under 3%, with Ethereum (68%) and Binance Smart Chain (19%). Bitcoin was the exclusive currency for terrorist financing in 2016,… twitter.com/i/web/status/1…
— Wu Blockchain (@WuBlockchain)
2:33 AM • Jun 29, 2023
Decentralized proving, proof markets, zk infra:
Decentralized proving, proof markets, and ZK infrastructure.
Our latest research piece on emerging trends in ZK.
— Trace (@tracecrypto1)
2:41 PM • Jun 28, 2023
Practical Efficient FHE-based MPC:
Practical and Efficient FHE-based MPC eprint.iacr.org/2023/981.pdf#FHE#MPC
— Dean Eigenvalue 🦧🛹 (@zkquant)
9:51 PM • Jun 28, 2023
Soul Wallet Smart Contract Design, via ERC4337:
1/ Introducing the Soul Wallet Smart Contract Design.
This will be the foundation of our #ERC4337 smart contract wallet that ensures permanent user ownership while enabling the benefits of account abstraction.
This is for the $ETH community!
Let's dive in 🧵🔽
— Soul Wallet (@soulwallet_eth)
2:48 PM • Jun 29, 2023
DexScreener:
Dexscreener is an underrated tool for finding new gems, but few know how to use it properly.
Here is a guide on how you can use @dexscreener to find low cap gems before the crowd.
🧵
— Minty (@DeFiMinty)
4:02 PM • Jun 30, 2023
Bitcoin ETF:
Michael Saylor: #Bitcoin ETF would be a 'milestone on the road to institutional adoption'
A 🧵⬇️
theblock.co/post/237231/mi…— James Hunt (@humanjets)
3:11 PM • Jun 30, 2023
Levana Protocol:
The Perpetuals market is booming, with a staggering $347B in volume this year.
While Ethereum, Arbitrum, and Optimism dominate, there's a protocol in the #Cosmos ecosystem that's about to unleash a $GMX like powerhouse.
🧵
— Emperor Osmo🧪 (@Flowslikeosmo)
2:00 PM • Jun 30, 2023
EXIT10_ETH:
1/ Many hoomans think $ETH will hit $10k someday, but how many are willing to put their monies where their mouths are?
A new protocol that just launched its bootstrap phase is going to find out 🧵👇
— redphone ☎️🧙🏻♂️ (@redphonecrypto)
1:17 PM • Jun 30, 2023
Exploiting the Funding Rate Discrepancies between CEXs and DEXs:
Mastering the Subtle Art of Funding Rate Arbitrage:
Exploiting the Funding Rate Discrepancies Between CEXs and DEXs.
🧵🫧
— xulian (@KingJulianIAm)
4:36 PM • Jun 30, 2023
How not to get scammed in Crypto:
I got scammed today, $15k was gone in less than 10 seconds. 💸
It was all my fault, so let me save you from the same mistakes.
Please don't be like me
— Midoji (@midoji7)
6:14 PM • Jun 29, 2023
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