š„Market Brief Friday - 02/08 š„
#Bitcoin #Ethereum
š„ ETF Spot for August 1:
Ā Ā + BTC saw an increase of $50M. Grayscaleās and Blackrockās Mini funds accumulated $+216M, while other funds sold off, totaling -$166M.
Ā Ā + ETH saw a gain of $26M. Blackrock, Fidelity & Bitwise collected $104M, while Grayscale reduced its selling pressure with -$78M.
š„ At 19:30 tonight, the U.S. will release Nonfarm Payroll data:
Ā Ā - Job additions (Forecast = 177K, Previous = 206K)
Ā Ā - July unemployment rate (Forecast = 4.1%, Previous = 4.1%)
š„ Do Kwon will be extradited from Montenegro to South Korea to await trial.
š„ Coinbase reports Q2 revenue of $1.45 billion, down 13% from Q1.
š„ Futu Securities becomes the first Hong Kong company to offer crypto trading for individual clients.
š„ Airdrop:
š„ Guide to playing 'Lost Dogs' - A new Telegram game launched by Notcoin
š„ Particle airdrop update - Layer 1 project recently funded by Binance Labs
š„ Morpho, the 5th largest lending protocol, raises $50M from Rabbit Capital, A16z, and Coinbase.
š„ Fantom rebrands as Sonic Labs, preparing to launch Sonic chain.
š„ The Philippines selects Layer-1 Venom as its National Blockchain Initiative.
š„ DWF develops its own CeDeFi stablecoin.