The SALT landing platform has suspended withdrawals of user funds and deposits. As the representatives of the company clarified, the collapse of the FTX crypto exchange had a serious impact on them. However, for now, they need to determine the extent of this.
Looks like minus one platform.
But this is interesting: over the past week, investors have invested in the cryptocurrency industry rather than withdrawing them from there. According to CoinShares analysts, we are talking about the equivalent of $42 million. And this is the highest figure in the last 14 weeks.
Someone is clearly ready to take risks.
⚡️FTX Hacked
Now they have withdrawn about 400 million. Do not go to the site and the application!
Apparently, cryptocurrency owners are now actively withdrawing their coins from various exchanges for fear of problems. For example, this is how the ETH flow chart looks like.
Читать полностью…⚡️Did you know that 65% of all blocks after Ethereum Merge are subject to censorship and OFAC requirements.
Читать полностью…Shares of public Bitcoin miner Argo Blockchain sank 41 percent today at market open. Analysts note problems with financing of the giant.
If resources are not found, the company may experience negative cash flow. Well, this will lead to a reduction or even a cessation of BTC mining activity.
Breaking: Big 4 Accounting Firm Announces Metaverse Client Experience
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The number of ethers that have not moved for one to two years has reached a maximum in the last four years. The current number for today according to Glassnode is 34.55 million ETH.
It looks like the hodl is also held in high esteem here.
Breaking: Binance Revises Terra Classic ($LUNC) Deposits, Withdrawals Fee
https://bit.ly/3yTTzpv
The volatility of bitcoin has fallen to a minimum in six months. And last but not least, all this happens in a very narrow trading range (BBG).
A subtle hint that this will all end with a huge candle and a crazy amount of liquidations. You have to be extremely careful on margin trading, the opportunities to react will not be completely accurate.
🔝Binance Smart Chain remains the most popular blockchain among users, averaging just over 1 million daily active users over the past 365 days.
Ethereum L2 blockchains are not that popular yet. In September 2022, Arbitrum and Optimism averaged 32k and 18k daily active users compared to Ethereum L1's 392k daily active users over the same period.
Another metric that claims to define a macro day is the number of BTC hodlers that are in losses. Historically, 60% of the total number of investors was enough for a reversal. Now this is still relatively far away, and bitcoin needs to go lower.
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The Korean division of the OKEx cryptocurrency exchange will cease operations. Users must withdraw funds by April 7, inclusive.
The representatives of the company did not specify the reasons for the closure in the announcement.
Breaking: Binance Gets FSP License In Abu Dhabi Amid FTX Crisis
https://bit.ly/3X3FTCO
The hashrate of the Bitcoin network has a new record - 343 exahash per second! The BTC blockchain has never been so secure.
Читать полностью…Breaking: Meta Layoffs 11,000 Employees; Mentions Vision For Metaverse
https://bit.ly/3Usd55d
Breaking: Elon Musk’s Twitter Faces Class Action Lawsuit For Mass Layoffs
https://bit.ly/3NxjAB7
2.53 million bitcoins have not moved for at least ten years. This is a new record, which consists of a hodle, coins on wallets with lost access and other incidents.
Here is a chart from Glassnode.
Meanwhile, trading volumes on cryptocurrency exchanges have dropped to their lowest in more than a year. Classic bear markets, in general.
Читать полностью…⚡️ Important about Aptos, although everyone is now only talking about how to make money on it.
▪️Aptos co-founder and CTO Avery Ching has 10 years of Facebook experience, a PhD in High Performance Computing and has installed half a million time synchronized servers worldwide.
▪️The Aptos team includes 10 PhDs who are cryptography experts referenced by Vitalik and who contributed to Verkle trees (an advanced ETH data scaling solution).
▪️Existing L1s have helped Aptos build their infrastructure, which they plan to use to connect the next billion users.
▪️Aptos launched 4 testnets. The first test network included 20,000 nodes.
▪️Aptos managed to mint 2 million NFTs in an hour.
With each bitcoin halving, inflation in its network is getting lower. Given all the losses of BTC by crypto investors, etc., in fact, it has long been deflationary. An obvious and not new thing, but against the backdrop of what is happening with fiat currencies and accelerating inflation around the world, this becomes an invaluable quality. It is precisely this that is capable of making military-technical cooperation a generally recognized asset - a refuge. Even 5 years ago, this theory caused smiles and skepticism, and today it is already taking on real shape.
Читать полностью…Breaking: 21Shares Lists First Bitcoin ETP On Nasdaq, But There’s A Catch
https://bit.ly/3CuKSTw
Mt.Gox is back on the agenda and of course with a minus sign for the market.
Affected customers have until January 10, 2023 to register and choose a refund method. Otherwise, this procedure will be postponed and subsequently compensation will be made in yen. That is, the deadline looks as realistic as possible for the first time in a long time.
According to some estimates, if this event is successful, about $7-8 billion in crypto will enter the market. And the market reaction to this will be extremely negative.
Despite the current leaps in the Bitcoin exchange rate, investors continue to massively withdraw the first cryptocurrency from trading platforms. Moreover, according to Glassnode, coin churn rates are comparable to the highest results from 2017.
Читать полностью…Breaking: Tesla Inc. Opens Bitcoin Payment Option For Us Customers
https://bit.ly/31cK2IV
https://twitter.com/CoinGapeMedia/status/1374622418904391680