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Bithumb (Korea First Tier Exchange) Notice - [Add Market] Add Internet Computer (ICP) Won Market https://feed.bithumb.com/notice/1644851
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🔸 [Remind] Make sure to do TABI AirDrop Mission 2 There is a high possibility of launching it because it is related to Binance's favorite games to TABI, Backer Binance Labs, Animoka, and Hashiki NGC (BanLabs + Chinese) that I wrote about 10 times. Originally called an NFT marketplace, it was rebranded as an IBC-based modular game chain. Mission 2 is currently available and can only be started with an access code. KwoOq VKIH4 vQpl4 fYDMk vbtS2 kVSZ8 8ldTu mtOQi JPONU 0MQUj 1dizL sx4bl Kse2u fg https://www.tabi.lol/home https://www.tabi.lol/home
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Confirmation of compensation, Open Campus OC 100 votes 🟠 Those selected as OC100 will produce a variety of educational content through open campus 🟠OC point can be exchanged for $EDU token 🟠Points can be obtained through tweet activities * OpenCampus $EDU token is listed on Binance Open Campus ID Free Minting: Link (https://id.openampus.xyz/) 9FLNS0 CNX61W DA31HU HBXNPQ IR69XO LLGFU2 QM4VVT U5O6V6 WSSYFX Y1Y51P
Bitcoin's First Layer 2 Airdrop Mining Open. There will be a bigger reward if all the team members work together. If you're interested in the Bitcoin layer, you should pay attention. an investment company : Hachkey , Okx ventures , ABCDE https://bzz.bsquare.network?code=Ab93C
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After some busy times, I'm starting Phaver again!
■"Are you conscious of artificial intelligence?"■ According to neuroscience, humans classify electrical signals from the optic nerve to the primary visual cortex and later transmitted to the brain as unconscious cognition. This cognition goes through a circulation process in which electrical signals are returned from the brain to the primary visual cortex. There is also a theory that deals with activities related to specific parts of the brain. The part of the brain that governs the process of balancing when walking in kong kong recognizes the surroundings widely. There is a limitation that all information must be put together, but it is not easy to balance it well. Neuroscientists in this regard presume that there is a "universal brain space" in charge of control and coordination that determines where humans pay attention. Human consciousness comes from this integrated and dynamic space. In addition, consciousness may arise from the ability to recognize consciousness. It is the ability to create a virtual model for the world and predict future experiences to determine where the body should move. The new report argues that any one of these can be defined as the existence of consciousness. If this characteristic appears in a machine, the existence of mechanical consciousness can be acknowledged. The problem is that artificial intelligence has a profound neural network that "learns" in ways that humans do not recognize. Even if the elements of consciousness are fully identified, it is not easy to apply them to artificial intelligence. Consciousness is an example of "computational functionalism," which can be decomposed into pieces of information that travel in and out of pinball game machines. According to this theory, pinball games are basically conscious beings, even if they are not complicated. In addition, there are various theories that regard physical, biological, social, and cultural contexts as key factors in consciousness. These factors are virtually impossible to program on machines. Furthermore, even those who believe in computational functionalism admit that it is difficult to fully define consciousness. So, does any one or the combination of several of these things constitute a conscious experience? There is a clear difference between scientific subjective experience and pure subjective experience. Even if artificial intelligence has a repetitive processing process, general-purpose space, and a sense of space, it is not enough to feel like a conscious being. In addition, research on whether animals are conscious beings has been extensively conducted for a long time. As a result, studies have shown that cephalopods are also different from humans, but they have subjective experiences. Octopuses have 40 million neurons in each leg. Research on the consciousness of non-human beings is conducted based on numerous observations, reasoning, and experiments. Humans talk, play with senses, assume, poke, control, take X-rays, and dissect, but still don't know what human consciousness is. I just know that humans are humans.
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● Why did a16z invest in Sound, a music startup that attracted $20 million in investment?● a16z is a new leader in Web3 music that destroys the existing music distribution order.I noted xyz. Sound.xyz is designing a future where artists and fans are rewarded through music creation and appreciation. The plan is to prevent artists' income from decreasing by controlling and controlling the music market by a huge global distribution platform and return the benefits to musicians and fans. Today, 90% of the traffic on the music distribution platform is concentrated in the top 1%, making it difficult for new artists to meet their fans, they point out. In addition, the industry has a maze of brokerage systems, from record producers to streaming companies, and musicians usually receive only $0.003 per streaming by sharing part of their profits. Fans are also difficult to reach out to their favorite artists, and in order for artists to secure new fans, they have to pay for the platform in some way or be on the same side as the streaming company. Sound.xyz is said to help bridge this gap in the music industry. Sound.xyz pursues music without intermediaries. In other words, it is a direct deal between artists and fans. It is open to all artists, presenting the goal of becoming an economic tool that empowers Web3 native music, next-generation artists, and their community.
● Personal wallet held above 1 BTC is the highest in history... Advances on decentralization ● CoinDesk reported on the 11th (local time) that the number of personal wallets held at least 1 BTC continues to increase, signaling the progress of decentralization of Bitcoin. According to Glassnode data, the number of personal wallets holding more than 1 BTC reached an all-time high of 1008,737. This suggests that the decentralization of Bitcoin networks has been strengthened. On the other hand, the number of Bitcoin whales has been found to have decreased. The number of personal wallets held over 1 BTC has continued to increase since exceeding 1 million in May. CoinDesk said the number of personal wallets held above 1 BTC has increased amid the growing load of Bitcoin networks due to the popularity of Oddals.
■SEC, War on Coin...The ending is ■ As the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance and Coinbase last week, the U.S. Congress, the administration, and even the Supreme Court entered a fierce battle over cryptocurrency. This battle is expected to be an important milestone in determining the future of digital currency, along with whether the cryptocurrency industry in the United States will be kicked out. The aggressive action against Binance, the world's largest exchange, and Coinbase, the largest U.S. exchange, is a big change that has demonstrated the SEC's strong discretion. In this regard, SEC Chairman Gary Gensler expressed his desire to destroy the cryptocurrency industry, saying, "We don't need any more digital currency." The SEC filed a lawsuit against Binance and Changfeng Zhao, CEOs of global companies, not U.S. companies, on charges of selling unregistered securities and misappropriating customer funds. Through this, the SEC tried to prove that its influence was not confined only to the United States. In addition, the Coinbase lawsuit targeted a number of companies, claiming that most of the securities traded on the platform are unregistered securities. As a result, it caused legal problems for companies such as Algorand, Polygon, and Solana. The SEC's move is aimed directly at the centralized financial (CeFi) system, which is the basis of the Binance and Coinbase trust models, and indirectly at the main protocols on which decentralized finance (DeFi) relies. But these lawsuits do little to help the SEC. First of all, it is highly likely that the lawsuit itself will not be resolved for many years. The SEC's lawsuit against Ripple Labs, which has been dragging for three years, is a case in point. With Coinbase and Binance expressing their determination to do their best in litigation, the SEC will suffer from a huge workload within limited resources. Moreover, the SEC's hard-line approach is not widely supported, even within the U.S. government. Given the timing of the move, the SEC seems willing to risk the pursuit of other government agencies. Government departments that do not agree with the SEC The first is Parliament. The draft bill, which will soon be introduced to the House of Representatives, sets parameters for how digital assets are classified. It will also reduce the ability to file a complaint by limiting the SEC's authority to interpret cryptocurrency (virtual assets) within the existing securities law. The bill was proposed jointly by Patrick McHenry (Republican, North Carolina) of the House Financial Services Committee and Glenn Thompson (Republican, Pennsylvania), chairman of the Agricultural Committee, who has always criticized Gensler's aggressive behavior. It remains to be seen whether the McHenry-Thomson bill can be finally legislated by passing the Democratic-controlled Senate. However, as the election season approaches, the bill has become a very important issue. The second is the administration. The administration has authority over the SEC and other agencies. As the future of cryptocurrency and digital assets has emerged as more important issues than ever, the lawsuit issue is expected to be a major topic in the presidential campaign. Three candidates who have already announced their presidential candidacy have expressed their support for cryptocurrency. Robert F. Kennedy Jr., who challenged Biden, Florida Gov. Ron Desantis, who emerged as a major contender for former President Donald Trump, and Vivek Ramaswamy, a former biotech entrepreneur, a Republican primary candidate. Trump, who is currently leading the Republican Party, also used the NFT as a means of raising funds. (Trump has recently been charged with a series of charges, raising questions about his candidacy itself.) Regardless of Biden's re-election, high interest in the cryptocurrency industry will have a major impact on future decisions on how the SEC handles related cases. And finally, the Supreme Court. Last month, the Supreme Court reduced the authority of the U.S. Environmental Health Agency (EPA) to enforce regulations on landowners under the Water Pollution Prevention Act (CWA). How does this relate to SEC and cryptocurrency? Conservatives who currently control the court cite the Environmental Protection Agency as the first regulator whose authority should be reduced. With such a massive attack on various agencies in the administration approaching, the SEC is also likely to be a target. In short, there is a political storm that cannot predict the outcome of the current "cryptocurrency war." What are the consequences of the war? As the interests of various people are intertwined in this war, there is also a high risk of consequences. Even if it takes years for the final result to come out. If Gensler's all-out offensive strategy wins, it could effectively be a death sentence for cryptocurrencies in the United States. Developers will move heavily to several countries that are preparing preemptive regulations for cryptocurrency innovation, including Dubai, Bermuda, Singapore, and France. But this does not mean that bank-licensed Stablecoin projects, or real-asset tokenization strategies led by existing regulators and state-run companies, will not be allowed or encouraged in the United States. However, it is true that such an idea is difficult to link with the unauthorized architecture of crypto blockchain, which is "prohibited" in the United States. Thus, underdeveloped US capital markets may find it difficult to compete with new types of programmable currency and decentralized governance models fostered in other regions. Over time, if cryptocurrency supporters' counterattacks intensify in Congress and courts, the current wave of attacks may fade. But this situation doesn't mean much. If such a victory further solidifies the political fight over cryptocurrency, the larger and more important battle for acceptance and adoption of mainstream will have to continue without knowing the end. Now, what we all need is that the subject of crypto transcends politics. Crypto is a technology after all, so the idea that it should be non-political should take root. And spreading this idea will eventually have to be done by the crypto community. Efforts for this should be focused on education. In a way that shows real-world use cases and shows the benefits that the industry's approach to decentralized value exchange and data sharing brings to humanity. What we need to do is find a way to attract the attention of both Parliament, the administration and the courts without getting involved in the political process. One of them is to focus on positive narratives. Now we live in an era of too much uncertainty, including climate, geopolitical tensions, and artificial intelligence's encroachment into society. Therefore, there must be a demand for positive narratives.
●"Tom Lee Predicts $500K Bitcoin, Signs Positive Signs For BlackRock ETF And Stock Exchange Recovery Cryptocurrency"● Fundstrat founder Tom Lee, who predicted that Bitcoin could reach $500,000 suddenly, called BlackRock's application for Bitcoin ETF "a good day for Bitcoin and digital assets." Tom Lee also said there is a positive correlation between the stock market and cryptocurrency, predicting that the recent strength of the traditional market will lead to a strong Bitcoin, YouTube reported on the 16th (local time). BlackRock's application for a spot Bitcoin ETF increased Bitcoin by 3.5% in 24 hours and MicroStrategy's stock price, which holds a large number of Bitcoin, rose by more than 5%. Tom Lee explained in a recent tweet that Bitcoin could soar from $250,000 to $500,000 in an instant if it repeats its past upward pattern.
● Coin exchange OKX acquires preliminary license in Dubai ● OKX, a cryptocurrency (virtual asset) exchange, has obtained a preliminary license for MVP (Minimum Viable Product) from the Dubai Cryptocurrency Regulator (VARA). According to Token Insight on the 15th (local time), OKX has acquired an MVP license from VARA to operate cryptocurrency in kind and derivatives trading services. Following licensing approval, OKX will increase its workforce in Dubai to 30 and set up an office at the Dubai World Trade Center. "In Dubai, license acquisition is a very important part of the OKX global regulatory strategy," said Tim Byun, a global head of OKX. "It is important for virtual asset operators (VASP) to operate under high security, transparency, and compliance in the current uncertain market environment."
●High market interest toward meme coins such as Pepe Coin (PEPE)... Utility memecoin Love Hate Inu Attention● A new meme coin, PEPE, based on the popular cartoon character "PEPE the Frog," showed explosive growth, showing high demand for investment in the meme coin market. Pepe the Frog is a popular internet meme character. It is gaining popularity at home and abroad for its humorous frog image. This character is used to express the joy and anger of the general public. The Pepe The Prog development team also described Pepe Coin as "the most meme-like meme coin among existing meme coins." PEPE price pumping reflected this popularity. According to DEXTools data, the PEPE 1-hour bar chart showed an upward triangular pattern, indicating that meme coin investment sentiment has not yet shrunk. Pepe Coin introduced the possibility of a new meme coin to the market. It has established a new meme coin ecosystem with an identity differentiated from Dogecoin (DOGE) and Shiba Inu (SHIB). In the cryptocurrency community, expectations are growing that interest in Pepe Coin will lead to other meme coins. In the market, attention is also focused on memecoin, which has practical value. Love Hate Inu (LHINU) is a meme coin project utilized on the survey platform, which has been selected as a notable pre-sale project for 2023 by B2C and other media, attracting market attention. The Love Hate Inu project team said, "At a time when high attention is focused on the meme coin market, projects that provide practical utilities will have higher growth potential." #LoveHateInu Presents Transparent Survey Platform With Blockchain Technology Love Hate Inu is a platform that allows users to participate in surveys and receive rewards. The development team said, "Platform users can communicate their opinions on online influencers such as Donald Trump, Ronaldo, Andrew Tate, and Elon Musk and even secure participation rewards." Voting participation compensation is a structure paid by survey creators. The process of requesting a survey service was automated based on blockchain technology. The longer users vest more tokens, the stronger the right to vote. The ecosystem base is the native token LHINU. Users will have the right to participate in voting according to the number and duration of token staking, and through this, they can participate in voting and receive LHINU token compensation. The Love Hate Inu team explained, "It is a V2E platform that simplifies B2C communication in the existing survey market and allows users to directly earn profits through voting." Love Hate Inu is currently piloting a test vote. You can visit the Love Hate Inu web page to vote whether you like influencer Andrew Tate and receive a total of $10,000 worth of prize money. After the official launch of the platform, users can directly generate surveys and participate in voting. The project team explained, "We secured 'fairness, security, and transparency' with blockchain technology, and reduced the possibility of spam bot manipulation with token staking systems on the 30th." #LoveHateInu has more than 30,000 Twitter followers during pre-sale...The market's interest Love Hate Inu is currently on pre-sale for the native token LHINU. It is a structure in which prices rise depending on the progress of pre-sales. It has now raised about $6.73 million since it began pre-sale on March 7. Currently, Love Hate Inu's official Twitter account has 32,000 followers. "The rapid growth of the Love Hate Inu Twitter account reflects the crypto ecosystem interest in the project," the project team said. "We will continue various SNS activities to revitalize the memecoin community and survey platform in the future."
● U.S. government asset investment fund integrated into Stella blockchain ● The first U.S. regulatory authorization fund will be distributed on the Stella blockchain. Franklin Templeton, a large U.S. asset management company, announced in an official statement on the 25th that it will distribute the mutual fund "U.S. Government Money Fund (FOBXX)" on the Stella public blockchain. Franklin Templeton announced that it will integrate the traditional mutual fund "FOBXX" with about 80 years of history into the blockchain through cooperation with the Stella Development Foundation (SDF) and record the fund's ownership and transaction details on the Stella Public Blockchain. FOBXX is a mutual fund launched by Franklin Templeton for the purpose of investing in U.S. bonds and cash assets held by the U.S. government. Its total operating assets are worth about $270 million. FOBXX's Stella blockchain distribution is the first case in the United States in which funds approved by regulators are integrated into the blockchain. Investors can trade FOBXX through mobile stock and cryptocurrency trading app Bendy Investment.
■Cryptocurrency comprehensive news on April 25th 1. South Korean court "LUNA, it's not a securities" The Seoul Southern District Court dismissed the indictment of Shin Hyun-sung, former co-founder of Terraform Labs, who is on trial on a number of charges, on charges of violating the securities law. Regarding the prosecution's indictment that LUNA is an investment contract securities, the court ruled that "it is difficult to judge LUNA as a financial investment product under the Capital Markets Act." The court's ruling rejected the prosecution's request for confiscation and supplementary compensation against Shin. 2. IMF "provides bailout if cryptocurrency is not adopted" to Argentina The International Monetary Fund (IMF) has announced that it will provide the Argentine government with the promised bailout if it does not adopt cryptocurrency. Concerned about the negative impact of cryptocurrency on Argentina's financial stability, the IMF announced that it would provide a bailout if Argentina withdrew its active acceptance of cryptocurrency. The IMF has promised the Argentine government a $45 billion bailout. 3. EU Council Member "Digital Euro, will have the same privacy as cash in microtransactions" EU Council member Fabio Panetta has revealed plans that the digital euro will have the same privacy as cash in microtransactions. He predicted that the EU would guarantee digital euro users the highest level of personal asset rights, but would have appropriate monitoring functions to prevent illegal activities such as money laundering, illegal money theft, and tax evasion. 4. U.S. First Mutual Fund Issued by Stella Blockchain Mutual funds issued by Franklin Templeton, a large U.S. asset management company, were issued on the blockchain for the first time in the U.S. Franklin Templeton announced that it will issue a mutual fund "Onchain U.S. Government Money Fund (FOBXX)" on Stella Blockchain and sell it to investors through the Benji Investments app. 5. Standard Chartered "Bitcoin Will Reach $100,000 Late Next Year" Standard Chartered (SC), a global financial institution, declared that the winter of the cryptocurrency market is over and predicted that the price of Bitcoin will reach $100,000 at the end of next year. SC analyst Jeff Kendrick analyzed that Bitcoin prices could rise due to recent turmoil in the banking sector, stabilization of risky assets following the end of the Fed's rate hike cycle, and improved profitability in cryptocurrency mining. 6. Visa "hires developers specializing in cryptocurrency" Visa, a global payment company, posted a job opening announcement that it will hire developers specializing in cryptocurrency as part of its Web 3.0 plan. Visa-registered job postings described Visa as developing cryptocurrency-based payment services for more efficient transactions and seeking developers who understand the Ethereum network for this purpose. 7. Cucoin Compensates Victims Related to Hacking Twitter Accounts Cryptocurrency exchange Cucoin has promised to compensate users who have been affected by the hacking of its official Twitter account. According to the exchange, the hacker posted a fake activity on the exchange's official Twitter account to lure a KuCoin user into thinking he was participating in an official event. The exchange identified 22 transactions that occurred in connection with the activity and promised compensation to the victims. 8. U.S. SEC wins 'Hydrogen' for manipulating cryptocurrency prices...$2.8M fine agreed The U.S. Securities and Exchange Commission (SEC) has won a lawsuit filed against Hydrogen Technology for alleged market manipulation. The New York District Court in the U.S. ruled that Hydrogen and former CEO Michael Ross Kane should be paid $2.8 million (about 3.72 billion won) in unfair profits and fines for the alleged manipulation of token market prices filed by the SEC.
●PEPE Astronomical Revenue Related to Issuers of 5 Addresses … Possible operation hazard signal ● The astronomical rate of return on meme coin Pepe (PEPE), which has continued to soar and attracted attention from the cryptocurrency community, may not mean much, YouTube Day reported on the 24th (local time). According to a survey by Lookonchain, five addresses related to pepexwallet.eth had a yield of 3,200 times, but all of these addresses were related to token issuers. The five addresses bought a total of 8.87 trillion Pepe tokens at a bargain price of about 0.19 ETH ($385). And these tokens were sold on the Decentralized Exchange (DEX) for a total of null.23 million, marking a 3,200-fold return. YouTube Day pointed out that these transactions raise concerns that the surge in Pepe tokens is not normal. It could lead to a risk signal for the potential manipulation of token supply and the safety of investment.
●Solana's market capitalization increased by 118.1% in Q1 and its profit increased by 68.7%● According to Solana's first-quarter 2023 report released by Messari, Solana's market capitalization increased 118.1% from the fourth quarter of last year and its revenue also increased 68.7%. This is attributed to BONK AirDrop, NFT, and DePIN apps leading Solana fee payment and transaction activities. Regarding decentralized finance (DeFi), Solana's total deposits in US dollars (USD) rose 23.5% in the first quarter compared to the previous quarter, while its total assets in SOL fell 40.7%. Solana's daily number of new NFTs rose 11.8% month-on-month to 2.9 million. At the same time, secondary market NFT sales, denominated in U.S. dollars, also rose 35.5%. The average number of verification nodes of Solana Network also increased 18.9% month-on-month, showing Solana's growth in the first quarter.
■Tether's market capitalization is at an all-time high 'near'...Stablecoin Market Re-Evaluation ■ Stablecoin Tether (USDT) seems to have resumed its monopoly on the stablecoin market. Tether's market capitalization reached $81.5 billion as of 2 p.m. on the 24th. The market capitalization of $83.4 billion, the highest ever recorded on May 1 last year, is just around the corner. Rational speculation has been suggested that Tether's market cap may be closer to an all-time high. Whale Alert, a cryptocurrency analysis tool, announced on the 23rd that Tether issued more than null billion of Tether through the Ethereum network. According to the announcement by Tether's CTO, the volume has not yet been distributed to the market. If the volume is distributed to the market, Tether's market capitalization will be $82.5 billion. Tether had a market cap gain of about 15% earlier this year. Stablecoin's market share hit a two-year high of about 63%. The reasons are the suspension of the issuance of Binance's own stablecoin BUSD and the fear of "bank runs" by banks that are currently prevalent in the financial market. Earlier, the New York State Department of Financial Services (NYDFS) ordered BUSD's issuer Paxos to suspend its issuance, citing regulatory violations. Since then, Binance and Coinbase have announced the suspension of BUSD's transactions, and TUSD and Tether have divided BUSD's funds, which had ranked third in stablecoin market capitalization. On top of that, many large U.S. banks, including Silicon Valley Bank (SVB) and Signature Bank, and large European banks went bankrupt, adding to the analysis that many investors began looking for stablecoins as a financial haven. CTO Paolo Ardoino Tether pointed out on his Twitter account on the 23rd that "Tether has been the safest option for investors to protect funds amid the bankruptcy of banks." Since last year, Tether has suffered from negative articles through the media and has experienced great difficulties. Last year, the Wall Street Journal (WSJ) and Reuters pointed to Tether's manipulation of sales invoices and transaction details, followed by Tether's dubious governance structure. Amid suspicions from these media and the growth of other stablecoins, the stablecoins market once formed a "stablecoins world three-division system" divided into tether, USDC, and BUSD. As such, Tether's rapid growth is attracting great attention.
● Binance effectively resumes services for Russians ● Binance, a cryptocurrency exchange, has indirectly restored a service that allows Russians to buy and sell cryptocurrency through bank cards (masters, visas) and electronic wallets.Beincrypto) reported on the 22nd. Binance is reportedly already receiving deposits from users seeking to replenish their ruble balance through a payment provider called Qiwi. Qiwi is a payment service provider for Russia and the Commonwealth of Independent States (CIS). The platform charges a fee equivalent to 1.2% of the deposit amount. Binance also supports the withdrawal of rubles to bank cards through Qiwi. On March 9, 2022, Binance ceased accepting remittances using Master and Visa cards issued by Russian banks. The move was taken as part of sanctions against Russia for its invasion of Ukraine. However, Binance rejected a request to completely ban Russian customers. However, just a year later, in April 2023, Binance appears to have decided to reduce sanctions pressure on the Russian market by itself, the media said.
● [Economic Indicators and Coin Schedule] Announcement of the Consumer Expenditure Price Index, Attention to Price Trends Ahead of FOMC...Prolonged high inflation ● The most notable economic indicator this week is the Consumer Expenditure Price Index (PCE). The Consumer Expenditure Price Index represents the level of increase in the price of goods consumed by individuals in the United States. It is easy to check comprehensive inflation by using key price indices and income data. It is an indicator to pay attention to the situation in which inflation concerns are intensifying and the prospect of a rate hike is strong as recently. The core inflation estimate is up 4.5% year-on-year, still well above the Fed's inflation target of 2.0%. The S&P Case Schiller Home Price Index and FHFA Home Price Index, which will be released on the 25th, are calculated based on U.S. home sales data. Housing accounts for a high proportion of personal assets, so housing prices are a major indicator of economic conditions. If housing prices continue to fall, personal consumption may shrink and the economic downturn may become stronger. New home sales are the sales of new building houses in the U.S., which can identify U.S. consumer sentiment. It is believed to reflect consumer sentiment that "the economy will improve" if new home sales increase. On the same day, the U.S. Consumer Confidence Index will also be released. It reflects financial conditions, household income, economic and price outlooks, and expresses consumers' optimism about economic conditions. The consumer confidence index is 104, which is neutral. U.S. durable goods orders on the 26th are changes in total new orders for durable manufactured products. If durable goods orders continue to increase, future manufacturing activities can be expected to improve. Improving manufacturing activities can affect job recovery and economic revitalization. In the opposite case, rising unemployment and economic instability are expected. Wholesale inventory means the unsold inventory of the wholesaler. As an indicator of the consumer market economy, the last release was 0.8% retail and 0.1% wholesale. This is lower than the typical inventory rate of 1.5%, which means that market demand exceeds supply. Increased employment for additional supply, and inflation due to supply shortages may continue. Unemployment claims are also a notable indicator. As an indicator of employment soundness in the United States, the number of new unemployment benefit applications is expected to increase slightly from the previous week to 250,000 cases. A strong labor market is the basis for maintaining austerity. Attention should be paid to whether job market stability in the United States can continue. Friday's employment cost index is a leading indicator of inflation, a comprehensive view of labor market conditions. If employment costs continue to rise, inflationary pressures become stronger. There is also the possibility that the health of the labor market will be weakened. This announcement is the same 1.0% increase as the previous announcement. #US Economic Indicators (U.S Monday, April 24 No separate schedule 4/25 (Tue) S&P Case Schiller Home Price Index (S&P Case-Shiller national home price index (year-over-year)) Previous value: 2.5% FHFA Housing Price Index (FHFA home price index) Previous value: 5.3% New home sales index ▼ (New home sales) Estimates: 630,000; Prior: 640,000 Consumer Confidence Index ▼ (Consumer confidence index) Expected value: 104, Previous value: 104.2 4/26 (Wednesday) US Durable Goods Order ▲ (Durable goods orders) Expected value: 0.5%; Prior value: -1.0% the U.S. trade balance (U.S. trade balance in goods, Advanced) Previous value: -91.9 billion dollars Wholesale/Retail Inventory (Wholesale/retail inventories revision. Advanced) Wholesale Transfer: 0.1% Retail Transfer: 0.8% April 27th (Thursday) US GDP ▼ (GDP) Estimates: 1.8%; Prior: 2.1% Apply for new unemployment benefits ▲ (Initial jobless claims) Estimates: 250,000; Prior: 245,000 application for continuous unemployment benefits (Continuing jobless claims) Previous value: 1.87 million Provisional Housing Sales Index ▲ (Pending Home Sales Index) Expected value: 1.0%, Prior value: 0.8% Friday, April 28 ★ Consumer Expenditure Price Index ▼ (PCE Price Index) Core month-on-month projections: 0.3%; previous estimate: 0.3% Core year-on-year projections: 4.5%, prior: 4.6% Employment Cost Index — (Employment cost index) Expected value: 1.0%, Previous value: 1.0% Nominal personal income ▼ (Norminal personal incomes) Expected value: 0.2%; Prior value: 0.3% Nominal personal consumption ▼ (Norminal consumer spending) Expected value: 0.0%, Prior value: 0.2% Consumer Sentiment Index — (consumer sentiment index, final) Expected value: 63.5, Previous value: 63.5 [April] 4/24 – Ethereum Taipei 2023 ($ETH) 4/25 – Zilica EVM Compatible ($ZIL) April 26-28 – Consensus 2023 4/26 – Omisego Ends Serum Trading Support ($OMG, $SRM) 4/28 – End of Basic Trading Support ($BASIC) 5/03 – Avalanche Summit ($AVAX)
■'Grand Bazaar' Emerges as Currency Shelter Due to Turkey's Lira Plunge – Bitcoin Payment Appears, Dollar Currency Surges■ Turks are gathering at Istanbul's Grand Bazaar to change the lira, avoiding banks, Blomberg reported. They are paying a premium higher than the official exchange rate for U.S. dollar purchases to avoid government regulations, with the premium ratio hitting its highest level since last year. Bloomberg explained that President Recep Tayyip Erdogan's strict financial control has made Grand Bazaar, the center of international commerce in the 15th century, again the center of national commercial activities. Turkey implemented a reverse financial policy to lower interest rates last year, when all other countries raised interest rates, causing the value of the lira to plummet. In addition, demand for purchasing cryptocurrencies such as Bitcoin is also increasing rapidly as a way to escape financial control and inflation. The Bitcoin community is sharing a photo of a store in Grand Bazaar receiving Bitcoin and Tether (USDT) on Twitter.
●Peter Schiff "Dollar Hit Deadly, Loss of Reserve Currency Status, People Are Crowded to Gold" (feat. Bitcoin)● Goldberg Peter Schiff warned that the U.S. dollar would be hit dead and people would flock to gold. Peter Schiff shared the video on Twitter. He warned that the U.S. dollar would lose its status as the world's reserve currency in this financial crisis. "People are reluctant to call it a financial crisis, but it is a financial crisis that is bigger and more influential than the 2008 crisis," Peter Schiff stressed. He predicted that the crisis would lead to more aggressive and reckless monetary and fiscal policies and destroy the dollar's reserve currency status. "The dollar is still not losing its privileges despite what we have done," he said. "The current financial crisis that has just begun will be fatal." Peter Schiff is calling for a gold evacuation, saying reckless monetary and fiscal expansion causes inflation and a financial crisis. Bitcoin supporters are recommending Bitcoin as a refuge from the crisis caused by monetary and fiscal policy. [Peter Schiff on Twitter](https://twitter.com/PeterSchiff/status/1648997672760508416) “Peter Schiff: A Death Blow Is Coming for the Dollar and People Will Run to Gold @schiffgold https://t.co/3HNDTDzn1S”
●Stop the Sandwich Trading Bot…Pepe, Dogecoin, etc. Attacks● "You can make a lot of money from transaction intercepts. Meme coins such as Pepe and Doge are the targets." An anonymous trader made about null.67 million in profits over two days using the so-called "sandwich trading bot," Bloomberg reported on the 20th. Some analysts say that the total revenue earned over the past month from the sandwich trading technique will reach $4 million. # What is sandwich trading? Bloomberg reported that an anonymous trader who owns a digital wallet labeled "jaredfromsubway.eth" used the sandwich attack to make a big profit. The trader also paid a huge gas bill. Sandwich Trading is one of the cryptocurrency trading techniques. When large transactions occur on decentralized exchanges (DEXs), token prices rise. The trading bot detects large transactions that have not yet been verified. The bot automatically pays a higher gas bill to make the order close first. When the price of a coin rises, it immediately puts a selling order to make profits. It manipulates coin prices with this intercept attack that finds transactions waiting on the network. Coins with low liquidity and coins with mass transactions are the targets. Recently, sandwich trading has frequently occurred in Dogecoin and PepeCoin. Suspicions are growing that sandwich attackers were behind the surge in Pepecoin prices. # Sandwich trading, huge gas bills Sandwich trading requires a lot of gas costs, which is a commission, as the number of transactions is frequent. According to Etherscan, the "jaredfromsubway.eth" wallet operator spent about null.3 million on gas in Ethereum over the past 24 hours. This amounts to 1.8% of the total gas cost used in the Ethereum network during the same period. sealaunch.Using Dune Analytics data, Twitter user, who is active as xyz, analyzed that "jaredfromsubway.eth has spent more than $7 million in transaction fees to execute more than 180,000 transactions over the past two months." # Sandwich attack, there's no stopping it Sandwich trading can happen at any time. As the DeFi ecosystem expands, sandwich trading is more likely to occur. Experts say there is no way to protect users from sandwich attacks. The 1-inch network, a decentralized exchange, introduced a "flashbot transactions" function to prevent sandwich attacks. Usually, transactions are stacked in mem pools before being verified by miners. The sandwich attack took advantage of the fact that the meme was made public. Paying higher gas bills and intercepting transactions. The 1-inch network used flashbot transactions to prevent third parties from looking into the mem pool. The strategy is to prevent sandwich attacks by directly connecting 1 inch and miners (certified). Attention is focusing on how much this strategy of a 1-inch network will work. Flashbot transaction functionality is not supported on meta-masks.
■ Moody's downgrades 11 U.S. regional banks... "Expose more to commercial real estate" ■ The Wall Street Journal reported on the 22nd (local time) that Moody's, a credit rating agency, has downgraded a number of local banks in the United States. Moody's downgraded 11 local banks' credit ratings, saying the recent bank failure has made local banks' weaknesses more pronounced. Among them were U.S. Bancorp, which has assets of $682 billion, Zions Bancorp, which has assets of $89 billion, and Bank of Hawaii Corp., which has assets of $24 billion. The ratings of Western Alliance Bancorp and First Republic Bank, which faced bank runs immediately after the banking crisis, also fell. These are local banks that provide relatively low-interest loans and purchase low-interest bonds, which are at high risk of loss. It is also a bank with a high deposit ratio outside the scope of depositor insurance. Moody's analyzed that these banks have increased instability due to recent bank failures. That tensions are "increasingly evident" in the way assets and liabilities are managed and that they are under pressure for profitability. "Local banks are more exposed to commercial properties," Moody's said. "There is also a risk of relatively low capitalization and unrealized loss of securities," he pointed out. Banks that Moody's credit rating has been lowered include Associated Banc-Corp., Comerica Inc., First Hawaiian Inc., Trust Financial Corp, Washington Federal Inc., and UMB Financial Corp.
■ VC 'virtual assets' investment in Q1 82% year-on-year ↓■ According to a survey of venture capital (VC) investments during the first quarter of this year, investments in the virtual asset industry fell 82% year-on-year. According to blockchain media Decrypt, the U.S. startup information platform Crunchbase released a report containing these contents on the 20th. According to the report, VC's investment in the virtual asset industry in the first quarter of last year was $9.1 billion, while it was only null.7 billion in the first quarter of this year. Among them, about three companies have significant investments, and only two companies have attracted investments of more than $100 million, Blockstream and Ledger. Kavita Gupta, founder of Delta Blockchain Fund, told Decrypt, "Companies that were valued and raised investments from 2021 to early 2022 try to re-enter the investment market and be valued the same, but there are many companies that are failing as well as lowering their market value." In the past, Yuga Labs, Consensus, Polygon, and FTX attracted large amounts of investment, but now the growth potential for virtual asset companies is low. Gupta added that there were cases where projects were suspended after failing to raise sufficient funds through virtual asset disclosure (ICO). The worsening situation in the virtual asset market also affected the decrease in VC investment. An analysis has emerged that VCs' interest has recently shifted to chat GPT and other generative AI. Mysten Labs co-founder and CEO Evan Cheng analyzed that the change came as artificial intelligence (AI) products attracted a lot of investment in recent months. Andreessen Horowitz (a16z), who has been actively investing in the virtual asset industry, invested $150 million in Character Dot AI last month.
● Will Bitcoin Prices Fall Further?..."BTC, Fractal Perspective Expected to Reach $45,000 in 1 Month"● Bitcoin (BTC) has been up more than 80% this year, hitting $31,000 recently. However, the price fell to the early $27,000 range on the 22nd due to profit-taking sales following a steep rally. However, Crypto YouTuber InvestAnswer, who has about 440,000 subscribers, predicted, "From a fractal point of view, Bitcoin could rise to $45,000 in a month." According to the Daily Mail, which specializes in cryptocurrency, Invest&C quoted a recent chart by cryptocurrency research firm K33 as saying, "Currently, bitcoin price movements are drawing a similar pattern to bear markets between 2018 and 2019. If this pattern is repeated, Bitcoin could reach $45,000 around May 20, followed by minor adjustments or sideways movements," he explained. On the other hand, renowned cryptocurrency analyst Michael van de Poppe warned his 654,200 Twitter followers that the king of cryptocurrency is weakening at the current level and could fall further. "The final decisive level for Bitcoin is $27,600," he said. Liquidity may flow below it, but a quick recovery is needed. Otherwise, if it does not surpass $28,800, it is likely to fall to $26,200." Meanwhile, in a survey of 32 cryptocurrency experts conducted by Finbold and pollster Finder, respondents predicted that the price of Bitcoin would reach a maximum of $42,225 this year. The minimum forecast was $17,026 and was expected to close at $35,485 by the end of the year. In addition, these respondents predicted that Bitcoin would reach $99,781 in 2025 and $297,848 in 2030. This is an increase of 29% and 58%, respectively, compared to the survey in January last year.
●Bitcoin Lightning Network Fee is cheaper than 1/1000 Visa MasterCard● Coin Telegraph reported on the 21st (local time) that Bitcoin Lightning Network costs 1/1000 less than Visa and MasterCard. Coin Telegraph quoted data from on-chain data company Glassnode and explained that Bitcoin Lightning Network is much cheaper than traditional payment networks. According to Glassnode, the cost of value transmission through the Lightning network is only 0.0029% of the value sent on a median basis. This is less than one-thousandth of the visa master card. Currently, the median fee charged to transmit 1 Bitcoin (BTC) is 3,000 Satoshi (sats), which costs $0.84 to send $28,800 (the price of Bitcoin at the time of analysis). Crypto market analyst Dylan LeClair explained through distributed SNS Northr that Lightning Network's fees are 60,000 to 140,000 times more efficient than traditional credit card fees. The interim fee for the Lightning network is 0.003%, with traditional cards ranging from 1.5% to 3.5%. Coin Telegraph explained that although the size of payments through the Lightning network is growing, it is still appropriate for small payments of less than null,000 and that Bitcoin's basic chain may be more suitable for payments of null,000 or more to prevent payment failures.
● XRP Undervalued?... U.S. Attorney "Ripple, SEC likely to win lawsuit" ● XRP, the sixth-largest cryptocurrency by market cap and a token unique to blockchain overseas remittance platform Ripple, is currently trading at $0.4489, down 4.75% from 24 hours ago based on CoinMarketCap. This is a 13.66% decrease from a week ago. On the same day, cryptocurrency media Beincrypto said, "After an industry-wide turnaround, XRP plunged and lost its $0.50 support for the first time in April 2023. However, whales with 100,000 to 100 million XRPs remain supportive despite recent volatility in the altcoin market," it said. "Over the past week, bullish XRP holders have defended their $0.45 support level. According to MVRV (Market Value vs Realization Value) data from cryptocurrency on-chain analysis platform Santiment, a price rebound seems imminent. In addition, since the beginning of this week, the XRP Network Value to Transactions Ratio (NVT) ratio has been on the decline, so it is highly likely that it is a low-priced purchase timing." Meanwhile, according to CryptoBasic, a U.S. lawyer representing the Ripple community, John Deaton, recently tweeted that the SEC would lose its lawsuit against Ripple and the U.S. Securities and Exchange Commission (SEC). "There are four cases in which a number of judges have determined that the SEC's claims are not valid. The first was the Ripple lawsuit's criticism of SEC's failure to comply with the law, the second was the LBRY and SEC lawsuit's criticism of securities regulators for lack of regulatory clarity, and the fourth was Boiser's revelation of ethics.