📣 Goldman Sachs Clients Not Interested in Crypto, Says Chief Investment Officer: WSJ

Goldman Sachs, nowadays one of the few Wall Street banks to do so, isn’t backing away from its negative stance against crypto, as it doesn’t see any value in the asset. Sharmin Mossavar-Rahmani, chief investment officer of the bank's Wealth Management unit, has long been known for her skepticism of bitcoin and other digital assets, and her opinion hasn’t changed, according to a recent interview.

Source

https://t.me/CryptoMarketTime

💰 Bitcoin tumbles to $66,000 triggering over $240 million in market liquidationsBitcoin’s price took a tumble on April 2, briefly dipping just to $66,000 before recovering slightly to around $66,500 as of press time. This drop from the digital assets’s all-time high of approximately $73,500 on March 14 represents roughly a 10% decline. Coinglass data shows that the plunge triggered a flurry of liquidations across the digital asset ecosystem, with over $240 million worth of positions being closed out in the past 12 hours.

Source

https://t.me/CryptoMarketTime

💰 Over 5% of Bitcoin’s circulating supply now held in ETPsAccording to data from the Bold Report, Bitcoin exchange-traded products (ETPs) have achieved a significant milestone, accumulating over 1 million BTC. This translates to an impressive $74 billion in assets under management (AUM). This accumulation represents more than 5% of Bitcoin’s circulating supply, which is approximately 19.7 million Bitcoin.

Source

https://t.me/CryptoMarketTime

🇭🇰 Hong Kong asserts rigorous crypto regulations amid market evolutionHong Kong’s Secretary for Financial Services and the Treasury, Christopher Hui, reiterated the special administrative region’s banner of “same activity, same risk, same regulation,” under which Hong Kong crafted a licensing regime for virtual asset service providers (VASP). Hong Kong before the implementation of the new licensing system had been granted a transitional period intended to support them in adapting to the regulatory framework.

Source

https://t.me/CryptoMarketTime

🇪🇺 EU Regulator Proposes Stricter Rules for Foreign Crypto FirmsThe European Securities and Markets Authority (ESMA), the EU’s financial markets regulator, has proposed stricter rules for crypto firms based outside the EU, limiting their ability to directly serve customers within the bloc to ensure fair competition.

Source

https://t.me/CryptoMarketTime

💰 Solana registers all-time high in monthly new addresses for JanuaryThere was significant increase in the number of new addresses on the Solana blockchain during the month of January, according to The Block’s data dashboard. The monthly count of new addresses on Solana increased to 11.81 million for January. This gain represents an 18% rise in new addresses on the network from December’s count of about 10 million — which was a multi-month high at the time.

Source

https://t.me/CryptoMarketTime

🇺🇸 US to launch survey on cryptocurrency miners’ energy consumptionThe United States, through the Energy Information Administration (EIA), will start collecting data about cryptocurrency miners’ energy consumption rate within the nation starting next week. On Jan. 31, the EIA revealed its intention to initiate a provisional survey targeting commercial cryptocurrency miners. This survey was authorized by the Office of Management and Budget (OMB) as an emergency data collection request, signifying the urgency of obtaining this information.

Source

https://t.me/CryptoMarketTime

💰 Hut 8 signs four-year deal to manage Celsius Bitcoin mining operations Ionic DigitalHut 8 has formalized a comprehensive four-year partnership with Ionic Digital Inc., encompassing end-to-end managed services across all of Ionic’s Bitcoin mining operations. This move was announced on Feb. 1, marking a significant development for Ionic, a mining-focused entity that recently emerged from Celsius’s Chapter 11 bankruptcy. Ionic would be led by the former Chief Commercial Officer of Hut 8, Matt Prusak.

Source

https://t.me/CryptoMarketTime

💰 Bankrupt FTX won't be restarting, but former customers will get money back in fullBankrupt cryptocurrency exchange FTX said it plans to repay former customers in full even though it has abandoned plans to restart the exchange. "We currently anticipate that we will have sufficient funds to pay all allowed customer and creditor claims in full," FTX lawyer Andrew Dietderich told a judge on Wednesday during a hearing.

Source

https://t.me/CryptoMarketTime

💰 Whale entities withdraw 100,000 BTC from exchanges in two weeksThe Bitcoin landscape has witnessed a compelling shift over the past two weeks, with whale entities, defined as network clusters holding at least 1,000 BTC, consistently withdrawing more from exchanges than depositing. As per the data collated from Glassnode, approximately 100,000 BTC have been withdrawn, marking a scarcely seen trend sustained for 14 uninterrupted days.

Source

https://t.me/CryptoMarketTime