Coins ( ₿ )
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Stocks & Crypto Coins Updates

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@Coins

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Do you care about Twitter Files?

👍 Yes
👎 Nah

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Hooked Protocol:

As part of our collaboration with Binance, we will be transferring team’s allocation of HOOK token (100 million HOOK tokens) to Binance Custody.

These tokens will remain locked, with fixed release schedule: 1 year cliff + 60 month linear release.

https://twitter.com/HookedProtocol/status/1601133954693705728

Binance Custody, a new business stream for Binance?

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In just 30 days, 3 prominent crypto people died mysteriously.

- Tiantian Kullander, the billionaire behind the Amber Group, died on November 23rd at the age of 30 (died in his sleep).

- a wealthy crypto developer Nikolai Mushegian 29-year-old well-known developer (drowned in Puerto Rico)

- Russian crypto entrepreneur Vyacheslav Taran died in a helicopter crash in France on November 29th 53-year-old entrepreneur.

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All markets are red in today.

Majorly because of the global economic cues. Until they get better, we won't be able to a sustainable green rally.

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Justin Sun: In case anyone ask about #USDD, it is 200% collateralized ratio on http://usdd.io. You can check all live data on blockchain 24*7.

https://twitter.com/justinsuntron/status/1602224191037591552

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Crypto Payments App MoonPay Gains UK Regulator Registration.

The firm was registered with the Financial Conduct Authority as of Friday, signifying compliance with money laundering rules.

Huge!!

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8 interesting findings from Capgemini’s latest Metaverse report:

Many consumers have positive feelings for metaverse and immersive experiences.

Metaverse and immersive technologies have the potential to solve some challenges in e-commerce.

Immersive experiences can benefit organizations’ internal operations.

https://www.cryptopolitan.com/8-findings-capgeminis-metaverse-report

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Address 0x7d42 received the unlocked 46,050 $ILV ($2.22M) 2 hours ago.

And he sold 9,172 $ILV for 441,669 $USDC, with an average selling price of $48.16.

His selling dropped the price from $48.75 to $47.84, a decrease of ~2%.

He still has 36,878 $ILV($1.78M) left.

Source: LookOnChain

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FTX founder Sam Bankman-Fried has been arrested in the Bahamas.

Sam Bankman-Fried has been arrested by The Royal Bahamas Police Force following reports that the United States filed criminal charges against the founder and former CEO of cryptocurrency exchange FTX, and is likely to request his extradition.

https://www.nytimes.com/2022/12/12/business/ftx-sam-bankman-fried-bahamas.html

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WBTC has highest burn amount ever.

10,000 WBTC were burned on December 6th in a single transaction, marking a new all time high for daily WBTC burns. The address doing the burning was 0x18c5f, which also burned 5,000 WBTC just 4 days earlier. (The address still has an approved allowance of 40,000 WBTC.)

Previously, the most amount of burns on a given day was 9,950 on July 13th. However, the burns came from several different parties, including 6,000 from Alameda Research and 550 from Coinlist.

Since only one address burned all the WBTC, it doesn’t look like this was some mass panic conversion.

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ETH spot to futures volumes drops below Merge levels:

The spot to futures volume ratio for ether has been sinking since lower mid-November, with the 30-day moving average of reaching 0.11, the lowest it has been in 2022.

Looking at spot volumes, ETH and BTC largely follow the same trend, but after July the difference in the 7-day moving average of volumes has grown.

Ether futures volumes increased from October to November but are so far on pace to not drop in December, with only $174.7 billion in volumes already a third into the month.

The spot to futures ratio of BTC has also been dropping more recently, after trending upward for the majority of the year, but still remains roughly 4 times as high as that of ether at 0.42.

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Do you think Binance is in trouble?

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👎 No

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Following “recent events in the crypto market,” Canada’s securities regulator is clamping down hard on crypto firms.

Crypto platforms applying for registration in Canada will have to agree to tighter rules in the country, including a ban on margin and leverage trading.

Firms will also have to hold the assets of Canadian clients separately from their proprietary business, according to expanded terms outlined by the Canadian Securities Administrators (CSA) on Monday.

Canada to Prohibit Crypto Firms From Offering Leveraged Trading to Citizens

https://decrypt.co/117077/canada-prohibit-crypto-firms-offering-leveraged-trading-citizens

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US CPI in 29 mins.

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U.S. CPI: +7.1%. Biggest drop since Apr '20.

Bullish for investment avenues.

$BTC ~5% Up and $ETH ~7.2% up.

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SBF Denied Bail, Will Fight Extradition from The Bahamas.

A judge has decided to keep the ex-CEO in custody as his legal team fights to keep him out of the U.S.

https://decrypt.co/117184/sbf-denied-bail-fights-extradition-from-the-bahamas

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