0xPulse from NCC - 03 Oct 2022

DOJ Objects to Celsius Plans to Reopen Withdrawals and Sell Stablecoins; The Andy Warhol Case That Could Wreck American Art; 20 interesting new defi projects

Topical

Regulation

• Robert Kiyosaki Calls Bitcoin A ‘Buying Opportunity’ As US Dollar Surges

• DOJ Objects to Celsius Plans to Reopen Withdrawals and Sell Stablecoins

• Transit Swap ‘Hacker’ Returns 70% of $21M Worth of the Stolen Assets

• Crypto Exchange Coinbase Resolves Problem That Halted Payments from US Banks

• Celsius Network Founder Withdrew $10M Ahead of Bankruptcy

• Promoting Crypto on Instagram? Disclosures Need More Than a Hashtag, Says Gensler

• Kim Kardashian pays SEC $1.26 million to settle EthereumMax charge

• Global Task Force Chief Goes After Criminals and Illicit Money

• Millions in Cryptocurrency Vanished as Agents Watched Helplessly

NFT

• The Andy Warhol Case That Could Wreck American Art

• Japanese prime minister says gov't investment in digital transformation will include Metaverse, NFTs

• State of Solana NFTs

L1/L2/DeFi

• Bitmex CEO: exchange token this year

• EIP-4337: Account abstraction using alt mempool

• 20 interesting new defi projects

---

Market Recap

Global Market Bits

US stocks rallied today as Treasury yields tumbled from their previous high, and weak manufacturing data implied that the Fed would soften its path to fight against inflation. As I began typing, US Dollar Index softened to 111.84 The 2/10-yr yield curve stayed flat at -45bps. Oil prices were reported at $83.47. On the cryptocurrency front, BTC +1.69% to 19,560.94. ETH +1.25% to $1319.24

Stablecoin Dashboard

Curve 3pool liquidity continuously slightly drop to $865.59mn. USDT total transfer volume remained normal during weekends, but the USDC transfer volume rallied. Greed & Fear Index increased to 24 (Fear level).

USDT 1M Transfer Volume to Exchange

USDT 1M Transfer Volume to Exchange

L1 Dashboard

BTC netflow volume and exchange volume both dived during the weekend, with BTC trading below water, but BT’s rebounded today.

ETH

Ether’s netflow volume and exchange volume gradually increased for the past few days, but Ether kept trading sideways.

DApp Statistics

NFT Puls

Thematic Research

• Digital Asset Fund Flows Weekly - Coinshares

• Credit Suisse: what happened and what the implications are

• Round Tripping weekly recap

• How Bitcoin Mining Can Transform the Energy Industry - Arcane

Event Calendar

Economic & Crypto Events

October 2022

Est Oct-1: Theta Mainnet 4.0 Testnet Launch

Oct-3: Germany Retail Sales Report

Oct-3: US ISM Manufacturing PMI

Oct-4: Australia Interest Rate Decision

Oct-5: EU Retail Sales Report

Oct-5: US ADP Employment Change

Oct-5: US ISM Services PMI

Oct-7: Canada Unemployment Rate Report

Oct-7: US Employment Report

Oct-12: FOMC Minutes

Oct-13: Australia Employment Rate Report

Oct-13: US Core CPI Report

Oct-14: China CPI Report

Oct-14: US Retail Sales Report

Oct-14: Michigan Consumer Sentiment Index

Oct-17: Germany HICP Report

Est Oct-30: FSB Reports to G20 on Stablecoin Regulation Recommendations

Est Oct-30: BIS Reports on International CBDC Pilot

IDO/IEO/ICO Events