Tuesday Top Crypto News.

Everything you need to know in one short thread…
According to the Wall Street Journal (#WSJ) Coinbase Global (#COIN) told clients on Monday it’s no longer supporting #Signet, the real-time payments network of failed #SignatureBank.
The #Crypto #Fear and #Greed Index has hit its highest index score this year, reaching levels not seen since #Bitcoin posted its all-time high in November 2021.
Crypto trade volumes reached their highest level since the #FTX collapse amid last weeks broad market rally. Data from #Kaiko.
Ethereum-based #carbon credits tracker @Carbonable_io has raised $1.2 million in a seed round led by Ethereal Ventures and La Poste Ventures.
Euler Finance the #Ethereum based #protocol is in talks to get back the $196m it lost in a #hack last week. The exploiter said in an on chain message to #Euler
“We want to make this easy on all those affected. No intention of keeping what is not ours. Setting up secure communication. Let us come to an agreement”
.#Silvergate Capital has received a #NYSE notice of possible delisting.
Mastercard, in partnership with the #Stables platform, will launch a service that will allow retail customers in the Asia-Pacific region to pay with stablecoins wherever #Mastercard is accepted. #FinTech
Crypto majors trade at the following levels. #BTC 27,500 #ETH 1,730. Have a great day!

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More from @LDNCryptoClub

Mar 22
💀 QE or Not QE, that is the question

Lots of questions on whether recent Fed actions are QE or a “real” liquidity injection and what’s the transmission to risk

TLDR: It’s not QE but it is a real liquidity injection which pushes investors into risk assets

A Thread🧵

1/n
First point. Mechanistically, it’s not QE

QE is effectively an asset swap - bank reserves in return for treasuries - with a monetary policy objective (to lower interest rates across the yield curve)

2/n
The BTFP and discount windows which were tapped for 300bn last week are short term loans which banks pay to access for liquidity

However, this is a real liquidity injection which can push investors further out the “risk curve” in a similar way to QE

Let’s explain how👇

3/n
Read 9 tweets
Mar 22
Wednesday Top Crypto News

Everything you need to know in one short thread…
In case you missed it, check out yesterdays thread on crypto market microstructure 👇🏼
Onto the news…In an interview with Bloomberg, Cathie Wood said the current banking crisis, which will only “attract more institutions” to the #BTC market over time.
Read 12 tweets
Mar 21
Market microstructure is so important in trading.

Here’s some brilliant analysis from Kaiko that I’ve summarised.

A must read thread for crypto traders. 👇🏼
Volumes - Amid last weeks broad market rally, #Crypto trade volumes reached their highest level since the FTX collapse.
On 14 March, trade volumes on the 18 most liquid centralised exchanges rose to $51bn, hitting 4-month highs.
Read 14 tweets
Mar 20
Monday Top Crypto News.

Everything you need to know in one short thread…
The new episode of our newsletter was released last night, which includes our take on the current #macro environment.

Read it and sign up here

londoncryptoclub.substack.com/p/connecting-t…
Signature Bank’s crypto-related deposits will be returned to customers directly, rather than being taken over by a unit of #NewYork Community #Bancorp under a deal announced Sunday.
Read 10 tweets

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