Cryptocurrencies
- The hacker, accused of stealing $100 million worth of crypto assets from the bankrupt FTX, transferred 22,500 Ethereum (ETH) worth $38 million last weekend alone.
- X account named Satoshi made its first post since 2018. In the post, it was stated that different aspects of Bitcoin that were not clearly included in the technical review will be examined.
- Although US Representatives Mike Flood, Wiley Nickel, Tom Emmer and Ritchie Torres called on the Securities and Exchange Commission (SEC) to approve spot Bitcoin ETFs, the regulator again postponed the ETF proposals 2 weeks before the decisions.
- In the first hours of the Ether futures ETF, its total volume did not exceed $2 million. ProShare’s Bitcoin futures ETF was disappointing compared to the volume it generated, generating “$200 million in the first 15 minutes,” according to Bloomberg.
- Chainlink launched its feature called Data Streams to reduce network delays.
- Rostin Benham, Chairman of the Commodity Futures Trading Commission (CFTC), pointed out that decentralized finance should be supervised. He likened Defi technology to unlicensed doctors.
- Last week, digital asset investment products saw a total inflow of $21 million for the first time in 6 weeks. Solana, on the other hand, attracted attention among altcoins with its entry of 5 million dollars.
- According to Michael Lewis, author of a new book about what happened to Sam Bankman Fried (SBF), former FTX CEO SBF once planned to pay Donald Trump not to run for president of the United States.
- While Bitcoin rose and maintained the $28,000 level, Bloomberg senior commodity strategist Mike McGlone warned investors of a recession.
- UBS Asset Management, a leading company in fund management, has launched the first pilot of a tokenized money market fund using the Ethereum blockchain.
FED
- Yesterday, Fed Chairman Jerome Powell said in a meeting with social and business leaders in Pennsylvania that the FED is focused on a “healthy” economy. He briefly mentioned that they will increase interest rates once again this year and may keep them at high levels for inflation.
Global Markets
- Over the weekend, the interim budget bill that will provide 45-day funding to the federal government was approved in the United States.
- Analysts stated that the “hawkish” statements of FED officials put pressure on the stock markets, and that the employment report data to be announced in the USA this week is expected to bring dynamism to the markets.
- It was stated that the cost of the strike launched by the United Automotive Workers Union (UAW) in the USA against 3 automobile manufacturers in the country approached 4 billion dollars in the first 2 weeks.
- While the Nasdaq index increased by 0.67 percent in the New York stock exchange yesterday, the Dow Jones index lost 0.22 percent and the S&P 500 index followed a horizontal course. Index futures contracts in the USA started the new day with a negative trend.
- While the manufacturing industry PMI data announced yesterday across Europe gave mixed signals, the manufacturing industry PMI in Germany was below expectations at 39.6.
- Yesterday, the FTSE 100 index in England decreased by 1.28 percent, the CAC 40 index in France decreased by 0.94 percent, the MIB 30 index in Italy decreased by 1.39 percent and the DAX 40 index in Germany decreased by 0.91 percent. Index futures contracts in Europe started the new day with a negative trend.
- A barrel of Brent oil has decreased in price and is traded at $90 in international markets.
