0xPulse from NCC - 04 Oct 2022

Even 'Safe' Stablecoins Might Pose Financial Stability Risk, New York Fed Says; Ray Dalio Gives Up Control of Bridgewater in Final Succession Step; VeeFriends Toys Coming to Macy’s

Topical

Regulation

• Even 'Safe' Stablecoins Might Pose Financial Stability Risk, New York Fed Says

  • Report of The Financial Stability Implications of Digital Assets

• Binance Signs MoU with Kazakhstan and Plans Regional Hub

• Wall Street-Backed Bitcoin Firm NYDIG Replaces CEO, President

• Ray Dalio Gives Up Control of Bridgewater in Final Succession Step

• EU policymakers vote to modernize tax with blockchain technology

NFT

• VeeFriends Toys Coming to Macy’s, Toys'R'Us as Ethereum NFT Brand Expands

L1/L2/DeFi

• Ethereum Subreddit Sparks Discussion on Staking Difficulty

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Market Recap

Global Market Bits

US stocks closed higher today, its biggest two-day gain since April 2020 on Tuesday, as investors expect the Fed to soften its hawkish stance sooner. US Dollar fell to 110.20 The 2/10-yr yield curve slightly widened to -46bps. Oil prices jumped to $86.52. On the cryptocurrency front, BTC -0.17% to 20,305.37. ETH -0.25% to $1358.54

Stablecoin Dashboard

Curve 3pool liquidity continuously slightly dropped to $854.50mn. USDT total transfer volume jumped, but the USDC transfer volume slightly dropped. Greed & Fear Index dropped to 2 (Extremely Fear level) yesterday.

USDT 1M Transfer Volume to Exchange

USDT 1M Transfer Volume to Exchang

Dashboard

BTC netflow volume and exchange volume continued to drop. BTC’s rebounded.

ETH

Ether’s netflow volume and exchange volume gradually increased, but Ether kept trading sideways.

DApp Statistics

NFT Puls

Thematic Research

• Overlay: An Exchange for Unexplored Markets - Messari

• Analyst Note: Cosmos Hub V2 Proposal - Messari

• Web3 Infrastructure Q3 22 Revenue - Messari

• September Gaming Insights - Delphi Digital

Event Calendar

Economic & Crypto Events

October 2022

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