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📊 Market Update: May 31st 🧵

1/4 Last Friday, US Equity Indexes closed positively, bringing relief after a week of selling pressure. The S&P 500, NASDAQ, and DJI gained 1.3%, 2.19%, and 1% respectively, fueled by optimism about the US debt ceiling.

2/4 Crypto enthusiasts are closely following the debt ceiling discussions, resulting in real-time trading. Bitcoin ($BTC) and Ethereum ($ETH) surged during early hours in Asia, reaching $28.4k and $1,930 respectively, due to the temporary suspension of the debt ceiling by Biden and McCarthy.

3/4 We've observed a shift towards liquidity as institutional investors and traders capitalize on increased liquidity and volume of altcoins. They strategically reallocate assets into Bitcoin ($BTC), Ethereum ($ETH), and stablecoins to stay flexible in volatile markets.

4/4 Our desk witnessed (net) inflows of $ETH and (net) outflows of $NEAR and $CELO. Active two-way trading on $BTC.

Stay tuned for more updates and insights. 💪📈



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📊 Market Update: May 31st 🧵

1/4 Last Friday, US Equity Indexes closed positively, bringing relief after a week of selling pressure. The S&P 500, NASDAQ, and DJI gained 1.3%, 2.19%, and 1% respectively, fueled by optimism about the US debt ceiling.

2/4 Crypto enthusiasts are closely following the debt ceiling discussions, resulting in real-time trading. Bitcoin ($BTC) and Ethereum ($ETH) surged during early hours in Asia, reaching $28.4k and $1,930 respectively, due to the temporary suspension of the debt ceiling by Biden and McCarthy.

3/4 We've observed a shift towards liquidity as institutional investors and traders capitalize on increased liquidity and volume of altcoins. They strategically reallocate assets into Bitcoin ($BTC), Ethereum ($ETH), and stablecoins to stay flexible in volatile markets.

4/4 Our desk witnessed (net) inflows of $ETH and (net) outflows of $NEAR and $CELO. Active two-way trading on $BTC.

Stay tuned for more updates and insights. 💪📈

BY Blockchain.com


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Telegram announces Anonymous Admins

The cloud-based messaging platform is also adding Anonymous Group Admins feature. As per Telegram, this feature is being introduced for safer protests. As per the Telegram blog post, users can “Toggle Remain Anonymous in Admin rights to enable Batman mode. The anonymized admin will be hidden in the list of group members, and their messages in the chat will be signed with the group name, similar to channel posts.”

Telegram auto-delete message, expiring invites, and more

elegram is updating its messaging app with options for auto-deleting messages, expiring invite links, and new unlimited groups, the company shared in a blog post. Much like Signal, Telegram received a burst of new users in the confusion over WhatsApp’s privacy policy and now the company is adopting features that were already part of its competitors’ apps, features which offer more security and privacy. Auto-deleting messages were already possible in Telegram’s encrypted Secret Chats, but this new update for iOS and Android adds the option to make messages disappear in any kind of chat. Auto-delete can be enabled inside of chats, and set to delete either 24 hours or seven days after messages are sent. Auto-delete won’t remove every message though; if a message was sent before the feature was turned on, it’ll stick around. Telegram’s competitors have had similar features: WhatsApp introduced a feature in 2020 and Signal has had disappearing messages since at least 2016.

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