10yr USTs test 2.5% 15-month resistance following Fed’s dovish take on the economy pushing the street to reassess and essentially bake in zero hikes this year. Equities also outperformed as Micron’s BTE earnings light a fire in space and Bitcoin dips below $4000.
While Justin Sun continues to toot Tron (TRX -2.6%) as the platform is home to the most active dApps, Cardano’s (ADA -0.2%) seamless 1.5 mainnet launches following Cosmos (ATOM) success last week propelling the network up to become the third biggest PoS protocol.
https://diar.co/volume-3-issue-9/
This has actually done little to BTC dominance as it remains firmly on a 50% handle while volumes have recovered over 60% to consistently punch in $9~10bn daily. From the myriad outfits that are offering nose bleed interest rates (vis-a-vis fiat) for your crypto deposits, Fortune500 companies endorsing BTC as legal tender and Binance opening payment rails through a 1300+ network for users to spend their crypto in Australia, there is no doubt that the ecosystem continues to build.
- Mt Gox trustee expects to address claimants and creditors in the coming days. Current balance: 141,686.35 BTC, 142,846.35 BCH & $143.8mn
- Silvergate Bank onboards 59 crypto company’s 4Q18 but deposits -7.7% QoQ. Total 542 co’s parked $1.33bn with the bank.
- Cryptopia resumes trading post $16mn hack while fiat deposit/withdrawals remain suspended due to banking issues.
- QuadrigaCX to face Miller Thomson and Cox & Palmer representing 115k former customers over $136mn disappearance.
- Western Union partners with Thunes and expected to leverage off Stellar’s network (XLM -3.2%)
- Binance preparing for margin trading services.
- B2C2 expands into the US headed by Rob Catalanello
- MakerDAO raises loan termination fees to 7.5%
May the trend be your friend… Happy Trading!
Originally published at telegra.ph on March 22, 2019.
