Meanwhile, the hashrate of the Bitcoin network is once again approaching the 300 exahash per second mark after recently falling below 200 exahash. How large BTC miners manage to work so actively in conditions of almost record mining difficulty and the low rate of the first coin is quite difficult to imagine.
Читать полностью…1INCH token updates
Now the token has grown in price and continues to grow after the release of the newsbreak.
Many say that on December 31, 1inch will unlock its tokens and there will be a dump. Guys, check the information. All 1inch tokenomics is available.
As you can see on the charts, there will be no unlocking of tokens on December 31, as it has already been. Information here: https://token.unlocks.app/1inch
Breaking : 1inch launches Fusion upgrade to improve swap security and profitability
The Fusion mode in 1inch Swap Engine allows DeFi investors to place orders with a predecided price and time range without paying network fees.
Cryptocurrency usage statistics by country and as a percentage of the adult population from BBG.
Top 5 was not the most obvious: India, China, Nigeria, Indonesia and Pakistan.
And in Nigeria, Turkey and Thailand, the highest percentage of owners among the adult population, we can say that already every second ...
Breaking: RBI Chief Reaffirms Crypto Ban, Warns Of Upcoming Financial Crisis
https://bit.ly/3jmVIoZ
🎄While all the chats are talking about FTX and the future of digital assets, take a look at Layer 2 Optimism. The number of unique addresses on the network is also growing exponentially. The network has passed the mark of 2 million unique addresses.
Читать полностью…Elon Musk Hints Of Building Payment App To Compete With PayPal
https://bit.ly/3FTLpl3
2.58 million bitcoins have not moved over the past ten years. This is a new record of the indicator, and the matter here is clearly not only in Hodl, but also a cryptocurrency at addresses with lost access.
Читать полностью…Breaking: Kazakhstan Passes Stringent Crypto And Mining Bills
https://bit.ly/3VZwP0i
The volume of spot trading in cryptocurrencies - that is, by conducting transactions at market rates without leverage - increased by 23.7 percent in November. Most of the indicator came from Binance. Its share of spot trading volumes increased to 75.1 percent after the FTX crash.
Читать полностью…This is how the collapse of the FTX crypto exchange looks like in the form of a graph of trading volumes of futures for the FTT token. There is a whole story behind this image.
Читать полностью…⚡️November 2022 - November 2023 is probably the best period to accumulate digital assets.
Читать полностью…⚡️In just the last 3 weeks, the largest bitcoin sales from miners have occurred.
If the price of bitcoin remains at the same level or goes down, then we should expect many bankruptcies of mining companies.
Over the past two weeks, activity on the Ethereum network has increased markedly. This led to an increase in fees and, consequently, an increase in the income of validators. According to Dune analysts, because of this, the average annual return of staking ETH briefly even increased up to 10 percent.
Читать полностью…⚡️Meanwhile, detected a momentum change at the price of 1inch token at 0.3906 on a 5min candle timeframe.
Today's 1inch update includes changes in the project's tokenomics, in terms of which 1inch token gain real utility.
Token reacted with rebound from the bottom
Total trading volumes on cryptocurrency exchanges have dropped below $10 billion. This has not happened since December 2020, that is, a little more than two years.
The result of the indicator for yesterday was 9.91 billion dollars. So traders go into hibernation.
Get ready, it's going to hurt.
Here is an intermediate result of the change in the rates of popular cryptocurrencies this year. The result of the indicator for 2022 is indicated in the right column, and the results of each month are listed before it.
Eh, now I would return to 2021 and sell everything 😅
The volume of transfers in the Bitcoin network has consolidated at its lowest level in the last two years. As a result, BTC holders are somehow in no hurry to actively conduct serious transactions with cryptocurrency.
Читать полностью…Meanwhile, the hashrate of the Bitcoin network has risen again above the mark of 300 exahashes per second. It seems that the almost record-breaking difficulty of BTC mining and the relatively low rate of the cryptocurrency do not magically interfere with the miners.
Well, the network is perfectly protected from possible problems.
⚡️The volume of withdrawals from centralized exchanges last week according to Nansen. Usually this is not good.
Читать полностью…In August, a record for BTC emissions from central exchanges was recorded in history (Glassnode). Of course, the FTX scam was to blame.
It is logical that the less observations are found on the exchanges, the less selling pressure. Therefore, I regard this as a positive development for the market.
Miner balances decreased by 17,721 BTC in 30 days ⛏
The last time miners had so few bitcoins was in September 2021. Then everyone believed in a quick $100k, but the miners were actively cashing out their cryptocurrency.
▪️There is a hypothesis that Bitcoin is driven by 4-year halving cycles.
▪️The last global bottom was in December 2018.
▪️December 2022 has arrived, which means 4 years later.
Breaking: Binance Acquires Sakura Exchange BitCoin, Re-Enters Japanese Market
https://bit.ly/3Uey5eJ
Analysts at Arkham determined that on Nov. 6 — a few days before the crash — Alameda Research, a trading company, withdrew the equivalent of $204 million from the US arm of the FTX exchange.
116 million of them were stablecoins like USDT, USDC, BUSD and TUSD.
Spoiler alert: that didn't save the company either.
Representatives of the Institutional Investor Custom Research Lab conducted a study among 140 American institutional investors, that is, major players in the field of investment. As it turned out, 62 percent of them increased their investment in cryptocurrencies over the past year. 12 percent reduced them, while the rest of the investments remained at the same level.
All these investors have assets worth $2.6 trillion, if anything.
According to Glassnode experts, the current rate of Bitcoin withdrawals from cryptocurrency exchanges is 172.7 thousand BTC per month. This is a record, which, among other things, bypassed the indicator set during the collapse of the coin market in June 2022.
Such is the consequence of distrust due to the collapse of FTX.
Meanwhile, Ethereum (ETH) continues to be a deflationary asset. After the blockchain switched to the Proof-of-Stake consensus algorithm in mid-September, the supply of ethers decreased by approximately 6 thousand units.
The PoW blockchain would generate 741,000 new ETH over the same period. So it goes.