Let's check if I have my wallet! I can drink 🥣 tonight! During the previous wallet interaction event, I could only drink porridge because I didn't even have pig's trotter rice. #alpha #AGT
There's meat again! This time, those who can't share it, congratulations to the classmates who got to eat meat. Losing points twice is really a big blow to morale~ #alpha #rex
Alpha update! It's done! You can see the results of the trading competition! It was already competitive, giving them a chance to compete harder. But it's also good that you don't have to grind blindly. #alpha
MapleStory Step-by-Step Registration and Download Tutorial!
MapleStory 5.15 is now live! If you're interested, come play together! It's a guaranteed fun experience
Currently, if you play for 1 day, you might drop about 70-80k game currency. Exchanging for a token, relying on dropped currency to make money is not very realistic. You can only earn money by trading dropped equipment and pets on the platform. If the officials don't intervene, just grinding currency will yield around 20 RMB profit per day (it feels like adjustments will definitely be made later, otherwise no one will play)
Step 1: Official website, connect to the Little Fox wallet. Official website address https://msu.io
Step 2: Registration, it is recommended to use an Outlook email (Google cannot receive the verification code)
#alpha #TGE打新 Binance missed out this time! The project party isn't very well-known this time either. So I don't plan to go for TGE, I've deducted points twice and still have 176 points left! Let's keep grinding. Taking advantage of this gap to participate in the upgraded Sesame Open Door subscription, retail investors probably won't gain much.
Binance is giving out red envelopes 🧧【Applicable to all Plaza users】 Post #BinancePizza , share 1,000 USDC On the occasion of Bitcoin Pizza Day, both new and old users can use the topic #BinancePizza #BinancePizza #BinancePizza for any transactions. All eligible users can equally share the 1,000 USDC token voucher prize pool as long as their posts meet the criteria, with each participant able to receive up to 5 USDC token vouchers. Please note: Only Plaza posts with at least 100 characters and a minimum of 5 interactions (including likes, shares, comments, and retweets) are considered qualified posts for the event. New users who have never posted before will also receive a reward of 5 USDC! Details are as follows ⬇️ Announcement
The total market value of cryptocurrencies has returned to $2 trillion
According to Jinshi report, CoinGecko data shows that as Bitcoin and Ethereum rise, the market value of Bitcoin returns to above US$1 trillion, and the total market value of cryptocurrency returns to above US$2 trillion.
Fed Chairman Powell calls for legislation on stablecoins
According to BlockBeats, Federal Reserve Chairman Powell recently told House Democrats that a bill on stable currencies is necessary. He also noted that the Fed’s digital currency would require congressional approval.
Avalanche successfully activated Durango on Fuji testnet
According to the Daily Planet, Avalanche posted on the Durango introduces Avalanche Warp Messaging to C-Chain, enabling native cross-chain communication for each EVM chain in the Avalanche ecosystem and establishing a standard for future virtual machines (VMs) using AWM.
Bitcoin Drives Digital Asset Market Gains As Grayscale Selloff Slows
The digital assets market grew during the week that began on Jan. 29, with global digital assets under management reaching $53 billion. The gains were largely due to investments in Bitcoin (BTC), according to alternative asset manager CoinShares.
Inflow into the digital asset market amounted to $708 million in the week, with $703 million of that amount moving in the United States. This compares with a $499.7 million total outflow during the week of Jan. 22. BTC accounted for 99% of all market inflows during the week of Jan. 29, totaling $703 million, compared to a BTC outflow of $5.3 million.
Inflows into all exchange-traded products came to $8.2 billion, down from $10.6 billion in the previous week. The United States saw the most action, with $721 million coming in. That figure compared favorably with the previous week’s $408.8 million U.S. outflow.
Inflows by asset for the week of Jan. 29. Source: CoinShares
The new U.S. market for BTC spot exchange-traded funds (ETFs) saw a total of $1.7 billion come in, down from a weekly average of $1.9 billion since their launch on Jan. 11. Nonetheless, the market is growing:
“This [inflow into U.S. BTC ETFs] has been offset by outflows from incumbent issuers, which total US$6BN, but data highlight a significant reduction in momentum of these outflows.”
The Grayscale Bitcoin Trust (GBTC) ETF sold off $926.7 million of BTC, and ProShares sold $108.9 million of BTC, but those outflows were offset the iShares (BlackRock) and Fidelity ETFs, which added $1.6 billion between them.
Digital asset investment products saw large inflows totalling US$708m last week! This brings year-to-date inflows to US$1.6bn and total global assets under management to US$53bn. Trading volumes in ETPs fell to US$8.2bn (compared to US$10.6bn the prior week), but… pic.twitter.com/phsy5zjnTf
— CoinShares (@CoinSharesCo) February 5, 2024
The BTC price took a hit last week with indications that the U.S. Federal Reserve may keep interest rates high for the foreseeable future.
Related: Riot, TeraWulf and CleanSpark best-positioned miners for Bitcoin halving — CoinShares
Per CoinShares data, the Solana blockchain topped its competitors with $13 million coming in, compared to Ethereum’s $6.4 million and Avalanche’s $1.3 million. Ether (ETH) saw an outflow of $6.4 million.
Total inflows to digital assetfor the week of Jan. 29. Source: CoinShares
Canada saw the biggest outflow nationally, with $31.3 million being traded away. Sweden came in second with $8.2 million in outflows. Canada and Sweden saw outflows the prior week as well, along with many countries, but the outflow gained momentum in Canada alone. It was reversed in Germany, Switzerland and the United States. Switzerland saw a dramatic turnaround, with $59.8 million going out two weeks ago and $20.9 million coming in last week.
Magazine: Bitcoin ETF guru Eric Balchunas has the last laugh at doubters: X Hall of Flame
Big Blow to Bitcoin & Co As Vast Bank Exits Cryptocurrency Market
Big Blow To Bitcoin & Co As Vast Bank Exits Cryptocurrency Market Read CoinChapter.com on Google News
YEREVAN (CoinChapter.com) — Vast Bank, the Oklahoma-based $850 million financial giant has announced its exit from the cryptocurrency market. It is a recently-issued notification, that the bank has announced it has also closed down its crypto mobile banking app. Launched in 2021, its app enabled the bank’s customers to buy, sell, and hold cryptocurrency thanks to partnerships with the German software firm SAP and the crypto exchange Coinbase.
FinTech Futures’s post about Vast Bank’s exit from the cryptocurrency market. Source: X
The announcement comes as a huge blow to cryptocurrencies like Bitcoin (BTC) and the wider crypto market. It had become the first bank in the United States “to offer customers the ability to purchase and sell cryptocurrencies alongside a traditional checking account”.
Vast Bank’s exit from the Crypto Market is a huge blow
Vast Bank’s crypto service was a notable venture, as it represented one of the few instances where a traditional bank had made a direct foray into the cryptocurrency space.
However, effective Jan. 31, 2024, the bank has disabled and removed its crypto mobile banking application.
“To strategically align our operations, effective January 31st, 2024, we will be disabling and removing the Vast Crypto Mobile Banking application from Google and Apple, which means your Vast Crypto Mobile Banking account(s), including any Digital Assets held in custody, will be liquidated and closed.”
the bank announced.
Those customers who have failed to withdraw their funds before the above-mentioned date “will have a cashier’s check mailed to their address on file,” the bank further stated.
More significantly, the bank indicated that it would not support the transfer of cryptocurrencies to other exchanges or platforms, leaving customers with the option of liquidation as the only course of action.
Vast Bank’s exit from the cryptocurrency market comes as a huge blow to the sector. The bank’s collaborations with major crypto entities in offering its services were crucial as they provided the necessary technology and exchange infrastructure. The harmonious blend of the traditional financial world with the emerging sector was significant.
The OCC order to Vast Bank
Vast Bank’s exit from the cryptocurrency market follows a cease-and-desist order initiated against Vast Bank by the Office of the Comptroller of the Currency (OCC) in October 2023. In its order, the US Treasury body had accused the bank of engaging in “unsafe or unsound practices”.
The post Big Blow To Bitcoin & Co As Vast Bank Exits Cryptocurrency Market appeared first on CoinChapter.