Minerva
@minervadae.bsky.social
Macroeconomic news with a focus on Web 3 and other emerging technologies and industries.
"We don't have enemies, what we have are people that need Bitcoin, that don't yet know why they should be our friend." -Saylor
minervadae.com
minervadae.substack.com
"We don't have enemies, what we have are people that need Bitcoin, that don't yet know why they should be our friend." -Saylor
minervadae.com
minervadae.substack.com
Commercial construction starts, per Costar
June 29, 2024 at 4:12 PM
Commercial construction starts, per Costar
A 6-day workweek takes effect in Greece beginning July 1st
Certain industrial and manufacturing facilities, along with businesses that provide 24/7 services, are eligible
Workers will receive 40% more pay during the additional eight hours, and 115% on holidays
Certain industrial and manufacturing facilities, along with businesses that provide 24/7 services, are eligible
Workers will receive 40% more pay during the additional eight hours, and 115% on holidays
June 29, 2024 at 4:09 PM
A 6-day workweek takes effect in Greece beginning July 1st
Certain industrial and manufacturing facilities, along with businesses that provide 24/7 services, are eligible
Workers will receive 40% more pay during the additional eight hours, and 115% on holidays
Certain industrial and manufacturing facilities, along with businesses that provide 24/7 services, are eligible
Workers will receive 40% more pay during the additional eight hours, and 115% on holidays
Major token unlocks are happening in July including $DYDX, $SUI, $IO, $XAI, $IMX, $APT, $STRK, $ARB, $AXS, $APE, $PIXEL, $WLD, and $ALT with unlocking value exceeding $730 million, per TokenUnlocks and Wu Blockchain
token.unlocks.app
token.unlocks.app
June 29, 2024 at 4:06 PM
Major token unlocks are happening in July including $DYDX, $SUI, $IO, $XAI, $IMX, $APT, $STRK, $ARB, $AXS, $APE, $PIXEL, $WLD, and $ALT with unlocking value exceeding $730 million, per TokenUnlocks and Wu Blockchain
token.unlocks.app
token.unlocks.app
Patent grants by country in 2021, per OBIS
June 29, 2024 at 4:02 PM
Patent grants by country in 2021, per OBIS
13 of the 15 housing markets in the U.S. at the highest risk of a correction on prices are in Florida, per ResiClub
June 29, 2024 at 3:55 PM
13 of the 15 housing markets in the U.S. at the highest risk of a correction on prices are in Florida, per ResiClub
The share of #Bitcoin traded over weekends has declined to an all-time low of 16% in 2024, per Bloomberg
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
‘Boring’ Bitcoin Sends Weekend Trading Volume to All-Time Lows
The proportion of Bitcoin traded over weekends has declined to an all-time low of 16% this year, according to cryptocurrency research firm Kaiko.
www.bloomberg.com
June 29, 2024 at 3:52 PM
The share of #Bitcoin traded over weekends has declined to an all-time low of 16% in 2024, per Bloomberg
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Consider holding quality assets over longer periods instead of day trading, the odds are not in your favor
June 29, 2024 at 3:51 PM
Consider holding quality assets over longer periods instead of day trading, the odds are not in your favor
$2.3 trillion of accumulated savings have been depleted by Americans since August 2021, and excess savings are now below pre-pandemic levels, per Bloomberg
June 29, 2024 at 3:47 PM
$2.3 trillion of accumulated savings have been depleted by Americans since August 2021, and excess savings are now below pre-pandemic levels, per Bloomberg
The companies in the S&P 500 $SPY have added ~$6 trillion in market capitalization in the first half 2024, per WSJ
June 29, 2024 at 3:41 PM
The companies in the S&P 500 $SPY have added ~$6 trillion in market capitalization in the first half 2024, per WSJ
Igloo Inc., the parent company of #NFT project Pudgy Penguins, announced they acquired the on-chain creator economy platform Frame
The Frame team will join Igloo in developing a Layer 2 network designed specifically for on-chain culture and community
The Frame team will join Igloo in developing a Layer 2 network designed specifically for on-chain culture and community
June 29, 2024 at 3:39 PM
Igloo Inc., the parent company of #NFT project Pudgy Penguins, announced they acquired the on-chain creator economy platform Frame
The Frame team will join Igloo in developing a Layer 2 network designed specifically for on-chain culture and community
The Frame team will join Igloo in developing a Layer 2 network designed specifically for on-chain culture and community
The SEC has returned S-1 forms to potential spot #Ethereum spot ETF issuers with only a few comments, per The Block
The issuer has been asked to process these comments and resubmit by July 8, meaning there will be at least one more filing before trading begins
www.theblock.co/post/302687/...
The issuer has been asked to process these comments and resubmit by July 8, meaning there will be at least one more filing before trading begins
www.theblock.co/post/302687/...
SEC returns S-1 forms to Ethereum ETF issuers, with at least one more round to go: Source
The SEC has returned the S-1 forms to prospective Ethereum ETF issuers with light comments, asking them to fix the issues and refile.
www.theblock.co
June 29, 2024 at 3:35 PM
The SEC has returned S-1 forms to potential spot #Ethereum spot ETF issuers with only a few comments, per The Block
The issuer has been asked to process these comments and resubmit by July 8, meaning there will be at least one more filing before trading begins
www.theblock.co/post/302687/...
The issuer has been asked to process these comments and resubmit by July 8, meaning there will be at least one more filing before trading begins
www.theblock.co/post/302687/...
Nike $NKE had their worst single-day loss since their 1980 debut on 6/28 of ~20% following their earnings call
June 29, 2024 at 3:32 PM
Nike $NKE had their worst single-day loss since their 1980 debut on 6/28 of ~20% following their earnings call
A U.S. Judge in the Washington DC dismissed the SEC's charges against #Binance and CZ related to secondary market $BNB sales and Simple Earn, per CoinDesk
The charges against their initial token offering and ongoing sales of BNB, staking, and fraud can proceed
www.coindesk.com/policy/2024/...
The charges against their initial token offering and ongoing sales of BNB, staking, and fraud can proceed
www.coindesk.com/policy/2024/...
U.S. Judge Lets Most of SEC Case Against Binance Proceed, Dismisses Secondary Sales Charge
A federal judge ruled the SEC had plausibly alleged Binance, Binance.US and Changpeng Zhao violated federal securities laws.
www.coindesk.com
June 29, 2024 at 3:29 PM
A U.S. Judge in the Washington DC dismissed the SEC's charges against #Binance and CZ related to secondary market $BNB sales and Simple Earn, per CoinDesk
The charges against their initial token offering and ongoing sales of BNB, staking, and fraud can proceed
www.coindesk.com/policy/2024/...
The charges against their initial token offering and ongoing sales of BNB, staking, and fraud can proceed
www.coindesk.com/policy/2024/...
Coinbase $COIN Derivatives has filed with the CFTC to list regulated Futures for Shiba Inu $SHIB, #Chainlink $LINK, #Avalanche $AVAX, #Stellar $XLM, and #Polkadot $DOT
June 29, 2024 at 3:25 PM
Coinbase $COIN Derivatives has filed with the CFTC to list regulated Futures for Shiba Inu $SHIB, #Chainlink $LINK, #Avalanche $AVAX, #Stellar $XLM, and #Polkadot $DOT
Current mortgage rates as of 6/28/24
June 29, 2024 at 3:23 PM
Current mortgage rates as of 6/28/24
The least affordable housing markets in the world, per voronoi
June 29, 2024 at 3:21 PM
The least affordable housing markets in the world, per voronoi
The SEC has sued Consensys over their MetaMask wallet saying they failed to register as a broker, per Bloomberg
They also targeted #Ethereum staking services Lido and Rocket Pool, referring to their popular stETH and rETH tokens as unregistered securities
www.bloomberg.com/news/article...
They also targeted #Ethereum staking services Lido and Rocket Pool, referring to their popular stETH and rETH tokens as unregistered securities
www.bloomberg.com/news/article...
SEC Sues Crypto Firm Consensys for Failing to Register as Broker
The US Securities and Exchange Commission said crypto firm Consensys Software Inc. broke its rules when it failed to register as a brokerage and improperly collected millions of dollars in fees.
www.bloomberg.com
June 29, 2024 at 3:17 PM
The SEC has sued Consensys over their MetaMask wallet saying they failed to register as a broker, per Bloomberg
They also targeted #Ethereum staking services Lido and Rocket Pool, referring to their popular stETH and rETH tokens as unregistered securities
www.bloomberg.com/news/article...
They also targeted #Ethereum staking services Lido and Rocket Pool, referring to their popular stETH and rETH tokens as unregistered securities
www.bloomberg.com/news/article...
Coinbase $COIN is partnering with Stripe using their #Ethereum L2 base for cheaper financial infrastructure access for millions of businesses around the world
www.coinbase.com/blog/coinbas...
www.coinbase.com/blog/coinbas...
Coinbase + Stripe team up to expand global adoption of crypto
Stripe and Coinbase have announced a partnership to increase onchain adoption and provide faster, cheaper financial infrastructure. Stripe will add support for Base across its crypto product suite to offer users faster and cheaper money transfers
www.coinbase.com
June 29, 2024 at 3:13 PM
Coinbase $COIN is partnering with Stripe using their #Ethereum L2 base for cheaper financial infrastructure access for millions of businesses around the world
www.coinbase.com/blog/coinbas...
www.coinbase.com/blog/coinbas...
In a 6-3 opinion, SCOTUS has overruled Chevron deference, a 1984 precedent that says when congressional laws are "ambiguous”, federal judges should defer to "reasonable" federal agency discretion
June 29, 2024 at 2:47 PM
In a 6-3 opinion, SCOTUS has overruled Chevron deference, a 1984 precedent that says when congressional laws are "ambiguous”, federal judges should defer to "reasonable" federal agency discretion