Economy

OIL:  BRENT - 93.27-0.63 WTI - 90.33-0.01
COMEX:  GOLD - 1944.90+0.09 SILVER - 23.82+0.21
COMEX:  PLATINUM - 933.20+0.09
LME:  ALUMINIUM - 2240.00+1.27 COPPER - 8255.00+1.04
LME:  NICKEL - 19350.00+0.76 TIN - 25700.00-0.58
LME:  LEAD - 2197.00+0.55 ZINC - 2557.00+2.16
FOREX:  USD/JPY - 148.37+0.11 EUR/GBP - 1.0652-0.02
FOREX:  EUR/USD - 1.0652-0.02 GBP/USD - 1.2238-0.33
STOCKS RUS:  RTSI - 999.99+1.20
STOCKS US: DOW JONES - 33963.84-0.31 NASDAQ - 13211.81-0.09
STOCKS US: S&P 500 - 4320.06-0.23
STOCKS JAPAN:  NIKKEI - 32402.41-1.88 TOPIX - 2376.27-1.24
STOCKS CHINA:  HANG SENG - 18057.45+0.96 SSEC - 3132.43+0.77
STOCKS EUR:  FTSE100 - 7683.91+0.07 CAC40 - 7184.82-0.40
STOCKS EUR:  DAX - 15557.29-0.09
22/09/2023  CBA:  USD - 387.24+0.89 GBP - 474.21-3.36
22/09/2023  CBA:  EURO - 411.87-1.60
22/09/2023  CBA:  GOLD - 23841.85-192.39 SILVER - 289.34-0.45
September, 2023
September 2023
M T W T F S S
 123
45678910
11121314151617
18192021222324
252627282930  
Bybit: BTC Whales’ Cost Basis Estimated at $15k; GoldenTree Discloses $5.3M Stake in SushiSwap
06/10/2022 18:38

Bybit: BTC Whales’ Cost Basis Estimated at $15k; GoldenTree Discloses $5.3M Stake in SushiSwap

Chart of the Day 

Bybit: BTC Whales' Cost Basis Estimated at $15k; GoldenTree Discloses $5.3M Stake in SushiSwap 1

On Wednesday, major stock indices took a breather after registering substantial gains over the past few days, with S&P 500 heading south following a dramatic bounce triggered by a large options trade. The broader crypto market followed a similar trajectory as major cryptocurrencies resumed sideway movements. Although many attributed the recent rally to narratives on the Fed’s potential pivot, fundamentally speaking, little has changed to nudge the U.S. Central Bank towards a more moderate stance to prevent a hard landing. In fact, some Fed officials have demonstrated unyielding resolve to tame inflation. Bybit blog reports.

As of the time of writing, Bitcoin is changing hands above the $20k psychological threshold after posting a marginal gain in the last 24 hours. A key bullish trend line with support near $20.1k is taking shape on BTC’s hourly chart. The largest cryptocurrency by market cap will likely gain more momentum if it can clear the immediate resistance level at the $20.5k region. Meanwhile, on-chain metrics demonstrate that the exchange inflow and outflow of entities with more than 1k BTC holdings) can be used to determine the cost basis of these whales. Since January 2017, there has been a gradual but notable increase in the average realized price of whale deposits and withdrawals, which is currently sitting near the $15.8k region.

Similarly, ETH is trading in the upper region of the $1,300 handle after rising by 1.8% in the same period. The second-largest cryptocurrency by market cap will likely pick up its pace once it establishes a solid foothold above the $1,370 region. The majority of mid-to-large cap altcoins are in the green, with XRP and UNI leading the pack on 5% increases in a similar time frame. More notably, popular meme token DOGE is up 1.5% after spending most of Wednesday in the red.

Talk of the Town 

Bybit: BTC Whales' Cost Basis Estimated at $15k; GoldenTree Discloses $5.3M Stake in SushiSwap 2

GoldenTree, an asset management firm with an AUM of around $47 billion, recently revealed a $5.3 million stake in SushiSwap’s governance token. The firm outlined its purchase alongside the broader strategy concerning SushiSwap and the crypto market in general, in a post on SushiSwap’s community forum. GoldenTree recognized Sushi’s immense potential and proposed to offer their expertise in introducing novel proposals on Sushi’s tokenomics, general protocol design, as well as cross-chain strategies. Institutions are also expressing increasing interest in participating in crypto protocol staking, as Alluvial’s executive Mara Schmiedt projects significant growth in the adoption of staking protocols in the coming years.

Crypto & blockchain articles are created with the support of ByBit – leading crypto platform.

Bybit

Ucom - high speed internet connection starting at AMD 6,500
IDBank
IDBank
AMD Rates
10:30 23/09 Buy Sell
AMD / USD 386.50 390.00
AMD / EUR 408.00 417.00
AMD / RUR 4.01 4.05
dollars
dollars
CBA Rates
22/09/2023
USD / AMD
387.24
+0.89%
EUR / AMD
411.87
-1.60%
RUR / AMD
4.03
+0.03%
GBP / AMD
474.21
-3.36%
Cryptocurrencies
10:30 23/09
BTC/AMD
10,288,498
-0.16%
BTC/USD
26568.79
-0.39%
ETH/USD
1592.03
-0.17%
BCH/USD
208.19
-0.31%
XRP/USD
0.511957
+0.18%
LTC/USD
64.83
+0.12%
BNB/USD
210.75
-0.25%
DOGE/USD
0.061562
-0.20%
ETH/BTC
0.059925988
+0.23%
BCH/BTC
0.007836377
+0.09%
XRP/BTC
0.000019271
+0.58%
LTC/BTC
0.002440159
+0.51%
BNB/BTC
0.00793284
+0.15%
DOGE/BTC
0.000002317
+0.17%
CBA Metals
22/09/2023
dram / gram
Gold
23841.85
-192.39%
Silver
289.34
-0.45%
FOREX
11:23 23/09
EUR/USD
1.0652
-0.02%
GBP/USD
1.2238
-0.33%
USD/JPY
148.37
+0.11%
EUR/GBP
0.8701
+0.30%
Oil
11:23 23/09
$ / barrel
Brent
93.27
-0.63%
Light Sweet
90.33
-0.01%
COMEX
11:23 23/09
$ / tr. oz
Gold
1944.90
+0.09%
Silver
23.82
+0.21%
Platinum
933.20
+0.09%
LME / 3M
11:23 23/09
$ / tonne
Aluminium
2240.00
+1.27%
Copper
8255.00
+1.04%
Nickel
19350.00
+0.76%
Tin
25700.00
-0.58%
Lead
2197.00
+0.55%
Zinc
2557.00
+2.16%
Molybdenum
58750.00
+0.00%
Cobalt
33420.00
+0.00%
Indexes
11:23 23/09
point
Dow Jones
33963.84
-0.31%
S&P 500
4320.06
-0.23%
NASDAQ
13211.81
-0.09%
FTSE
7683.91
+0.07%
CAC 40
7184.82
-0.40%
DAX
15557.29
-0.09%
RTSI
999.99
+1.20%
Nikkei
32402.41
-1.88%
Topix
2376.27
-1.24%
Hang Seng
18057.45
+0.96%
SSEC
3132.43
+0.77%
CBA Interest Rates
26/03/2020
Refinancing
Refinancing Rate
9.75
+0.00%
Lombard Repo
Lombard Repo Rate
11.25
+0.00%
Deposit
Deposit Rate
8.25
+0.00%
Macroeconomy
07/2023
CEA
Coefficient of Economic Activity
+8.90%
Ind. Prod. 3
Volume of Industrial Production
1,384.3
+0.5%
Export 1
Export
3,843.6
+62.1%
Import 1
Import
6,534.0
+63.0%
CPI
Consumer price index
+3.6
Avg. Salary 2
Average salary
262,591
+18.5%
Services 3
Volume of services
1,689.3
+14.9%
Construction 3
Volume of construction
222,479
+17.2%
1 - mln AMD, 2 - AMD, 3 - bln AMD