- The Sixth Sense
- Posts
- #8 Macro Markets - 14th June, 2023
#8 Macro Markets - 14th June, 2023
Institutional Money Flow, Top Movers, Narratives, Security, Regulations and everything about the crypto Economy.
Welcome to the eighth issue of the Macro Markets. Let’s see overall market sentiment in anticipation of the FOMC meeting.
Price Action:
Crypto Markets decreased by ~0.03% taking the overall tracked market capitalization to $1.10T:
The global #crypto market cap today is $1.10T, a -0.03% change in the last 24h.
Total trading volume in the last 24h is at $36.4B.
#BTC dominance is at 45.75% and #ETH - 19.02%.14.06.2023 5:51:43 (UTC)
#DeFi#NFT#BSC#Tether#AVAX#XRP#TRX#Solana
— СryptoBubblesDaily (@cryptobubbles24)
5:54 AM • Jun 14, 2023
Crypto Today:
#Crypto at the moment 👇
— CoinMarketCap (@CoinMarketCap)
3:10 AM • Jun 14, 2023
Top Gainers (24 hrs):
⚡️TOP GAINERS OF THE DAY!
14 June 2023
$SQUAD $QRDO $WOJAK $SWFTC $DCR $ALPINE $AURORA $VINU $LSK $PIP— 🇺🇦 CryptoDep #StandWithUkraine 🇺🇦 (@Crypto_Dep)
12:29 PM • Jun 14, 2023
Bitcoin Fear & Greed Index:
Bitcoin Fear and Greed Index is 46 - Neutral
Current price: $25,957— Bitcoin Fear and Greed Index (@BitcoinFear)
11:00 AM • Jun 14, 2023
Crypto Volatility Index stands at 47.46:
Major events in the centralized crypto world.
Prime Trust subsidiary files for bankruptcy protection:
Prime Trust subsidiary Banq files for bankruptcy protection theblock.co/post/234551/pr…
— The Block (@TheBlock__)
7:23 AM • Jun 14, 2023
US Judge rejected SEC request for BinanceUS Asset Freeze:
#CryptoNews: U.S. Judge rejected #SEC request for #BinanceUS Asset Freeze for now, allowing #BinanceUS to continue doing business.
— CoinMarketCap (@CoinMarketCap)
2:15 AM • Jun 14, 2023
Emin’s opening testimony on future on digital assets:
Watch @el33th4xor's opening testimony before the @FinancialCmte on Future of Digital Assets.
"The United States won the first wave of the internet revolution precisely because it enabled responsible freedom to innovate. The United States must follow the same path of enabling… twitter.com/i/web/status/1…
— Owl Explains by Ava Labs 🔺 (@OwlExplains)
8:12 PM • Jun 13, 2023
Binance.US, SEC Working on Deal to Avoid Full Asset Freeze:
Cryptocurrency: , SEC working on deal to avoid full asset freeze - Bloomberg theedgemarkets.com/node/671094
— The Edge Malaysia (@theedgemalaysia)
4:07 AM • Jun 14, 2023
Coinbase CLO on SEC’s response to Third Circuit:
A few minutes ago, the SEC filed its response to the last week's Third Circuit. You can read it for yourself below together with my own initial read of it. 1/5
— paulgrewal.eth (@iampaulgrewal)
10:10 PM • Jun 13, 2023
"The regulatory gap." Proof from the Hinman emails of what we've been saying to the Third Circuit, to Congress and to the SEC itself: that the securities laws are incomplete when it comes digital assets, that securities law aren’t meant to rule over all digital assets, and that… twitter.com/i/web/status/1…
— paulgrewal.eth (@iampaulgrewal)
2:52 PM • Jun 13, 2023
Tokens deemed as securities by SEC taking a nosedive:
🥵 The underperformance is real.
Tokens mentioned by the SEC in the @coinbase lawsuit -- including SOL, ADA and MATIC-- are diving against the rest of the market.
They're down by an average 27%, according to data compiled by @Arch_Finance.
Story here 👇… twitter.com/i/web/status/1…
— The Defiant (@DefiantNews)
10:59 PM • Jun 13, 2023
Bankless on Lido dominating Ethereum Staking:
🚨 Sounding the Lido Alarm 🚨
Lido's growth is unlikely to slow and crypto needs YOUR HELP in preventing its domination of Ethereum staking
A THREAD 🧵
1/6
— Bankless (@BanklessHQ)
8:46 PM • Jun 12, 2023
Bitstamp coming to the UK:
BREAKING: The FCA has ended its six-month drought on approving crypto firms.
@Bitstamp is coming to the UK.
— Justin Cash (@Justin_Cash_1)
2:14 PM • Jun 13, 2023
Could UK take the lead on regulating crypto next year?
Could the UK take the lead on regulating crypto next year? @DrLisaCameronMP and @griffitha tell Parliament they are racing to get a new framework in place.
— DL News (@DLNewsInfo)
3:17 PM • Jun 13, 2023
Bankrupt Crypto Exchange Bittrex U.S. Set to Allow Withdrawals Starting Thursday:
Bankrupt crypto exchange Bittrex U.S. set to allow withdrawals starting Thursday
— unfolded. (@cryptounfolded)
8:51 AM • Jun 14, 2023
US House to vote for Crypto Bill Post July 4th:
🔥 US House To Vote On Crypto Bill For Clarity On SEC or CFTC Jurisdiction Post July 4th
reuters.com/technology/us-…#crypto#blockchain#cryptocurrency
— Cryptic Poet (@1CrypticPoet)
10:14 AM • Jun 14, 2023
Public Emails/Drafts of the Bill Hinman speech:
1/ It’s been 5 years since Bill Hinman gave his infamous speech – and through the SEC’s lawsuit against @Ripple (and 7 court orders), we can finally share what happened behind the scenes through the now public emails / drafts of the speech.
— Stuart Alderoty (@s_alderoty)
12:48 PM • Jun 13, 2023
Coinbase users urged to change passwords amid complex phishing scam
Coinbase users urged to change passwords amid complex phishing scam
— John Morgan (@johnmorganFL)
10:36 AM • Jun 14, 2023
Bitdeer Announces May 2023 Operations Updates:
Bitdeer announced the 100MW Gedu mining datacenter in cooperation with the Bhutanese government is expected to be delivered in July 2023. Bitdeer mined 283 Bitcoins in the month of May through its self-mining business. There are 129,000 mining machines for its hosting business.… twitter.com/i/web/status/1…
— Wu Blockchain (@WuBlockchain)
1:17 PM • Jun 14, 2023
Market Sentiment:
The bullish sentiment of the #stockmarket advanced to 27%, and bearish one finished relatively flat 9%. The greed sentiment moved higher to 11% that drove the market up today. Market momentum is in place.
— MSI Research (@MSI_Research)
1:32 AM • Jun 14, 2023
Soybean Futures Rally on Poor Crop Conditions as U.S. Inflation Eases:
Soybeans Rally on Poor Crop Conditions as U.S. Inflation Eases. @FxWestwater shares technical analysis.
— tastylive (@tastyliveshow)
11:29 PM • Jun 13, 2023
An analysis on US PPI:
US Producer Prices (PPI) increased 1.1% over the last year, the 11th consecutive decline in the YoY rate-of-change and the lowest print since December 2020. PPI peaked at 11.7% in March 2022.
— Charlie Bilello (@charliebilello)
12:40 PM • Jun 14, 2023
Government publishes decree on cryptocurrency market in Brazil and defines BC as regulator:
According to portaldobitcoin, Brazil issued a law regulating the cryptocurrency and identified the central bank as the regulator with the power to authorize who can operate in the market. Virtual asset service companies must provide services under the authorization of the central… twitter.com/i/web/status/1…
— Wu Blockchain (@WuBlockchain)
1:22 PM • Jun 14, 2023
Ethereum Alarm Clock Exploit: Final Thoughts:
The Ethereum Alarm Clock tool was hacked, and we will examine this today.
But let’s first recall the general purpose of this tool in order to get to the heart of the matter. Why was it used? By whom? What actually happened?
— Officer's Notes (@officer_cia)
3:55 PM • Jun 13, 2023
Proposed crypto bill would help clear up latest SEC allegations: Rep. Hill:
NEWS: Rep. French Hill talks importance of crypto framework despite its “heavy lift”
— Blockworks (@Blockworks_)
2:21 PM • Jun 14, 2023
CZ saying Binance isn’t selling $BTC, $BNB, despite rumours:
NEW: CZ says Binance isn't selling bitcoin, BNB despite rumors
theblock.co/post/234516/cz…
— Frank Chaparro (@fintechfrank)
10:04 PM • Jun 13, 2023
NATO to accept Ukraine:
🚨🇪🇺 NATO will tomorrow give a clear signal that it is ready to accept Ukraine into the Alliance - Stoltenberg
— Terror Alarm (@Terror_Alarm)
2:09 PM • Jun 14, 2023
CEX Market Statistics
Liquidation Heatmap - $39.18M worth of liquidations in the last 24 hours:
Open Interest:
Cumulative Long:Short in the market:
Good Reads:
Peak Bullish Bitcoin moment:
Saylor is telling people to die with their keys with a Freemason painting in the back. This is bullish #Bitcoin 😂
— Isaac⚡️Quest (@isaacquest_)
1:43 PM • Jun 13, 2023
13 charts that tell the story of $crvUSD:
June 12, 2023: Benchmarking $crvUSD 💸📈
With a few weeks of data, how does $crvUSD stand up to other stablecoins?
13 charts that tell the story of the state of the #stablecoin landscape
METHODOLOGY: 2-3
PEG: 4-6
UTILIZATION: 7-9
MARKET CAP: 10-11
CONCLUSION: 12-13🧵1/13👇
— curvecap.lens 🛡️ (@CurveCap)
4:08 PM • Jun 12, 2023
Sequoia crypto investments:
Sequoia Capital has $85 BILLION in assets.
They have >$15B invested in Crypto across 8 Funds and is by far one of the most prominent VCs.
Here's what @se@sequoia looking at in 2023
🧵👇 htt
— Surf (@0xsurferboy)
11:00 AM • Jun 12, 2023
Alt metrics to EPS to measure profitability:
1/ EPS is the most common way to measure a company's profitability.
But there are many different ways that EPS can be reported, and some can be misleading for estimating a stock's future earnings.
Here's why, and a new alternative that can give you an edge over the market 👇
— True Fundamentals (@TrueFundamental)
4:02 PM • Jun 13, 2023
SocialFi for Web3:
There has been an incredible amount of chatter about a decentralised, user-governed social network emerging from Web3.
It makes sense when you consider how most of our favorite town-squares are owned by a handful of billionaires who can make product decisions at a whim.… twitter.com/i/web/status/1…
— Joel John (@joel_john95)
10:13 AM • Jun 14, 2023
Stocks and their (in)justifiable valuations:
"If Everyone Is Bearish, Why Is The S&P Trading At 20x?" httpzerohedge.com/markets/if-eve…
— zerohedge (@zerohedge)
5:26 PM • Jun 9, 2023
A look into Arbitrum after the airdrop:
To find out, and understand the state of @arbitrum's ecosystem after the airdrop, check out our latest article:
— Nansen 🧭 (@nansen_ai)
2:01 PM • Jun 14, 2023
Reply