29675
https://telegra.ph/Private-Room-02-15 Ad - @Weeninr
On January 1, Solana became the leader among large blockchains in terms of the number of active addresses. The network score was 418k units, while Ethereum's score was 282k.
The SOL rate also managed to grow from a minimum of $8 on December 29 to a peak of $12 today.
As cryptocurrency lovers joke on Twitter, it was Solana's rebranding from "poor blockchain" to "fun" 😅
As many as 3.31 million ethers have not moved for at least seven years. I wonder what part of this amount is spent, and what part is lost forever?👀
Читать полностью…
The mood of bitcoin investors remains unchanged: it is still classified as fear. Moreover, this continues for a long time.
Accordingly, many cryptocurrency lovers are concerned about the coins on the market, which is quite understandable taking into account the courses.
Analysts report a noticeable decrease in the activity of blockchain developers on the GitHub platform. Obviously, the decline in cryptocurrency rates affects not only traders, but also other categories of market participants.
Читать полностью…
Coinbase Wallet will stop supporting some assets
The cryptocurrency wallet plans to stop supporting four cryptocurrencies: #BCH, #ETC, #XLM and #XRP. According to the company, the delisting of these assets will occur due to the low level of their use.
These tokens will not have access to dApps and will also lose access to the networks they support.
“But this does not mean that assets will be lost. Any unsupported asset you own will still be linked to your address and will be available through the Coinbase Wallet recovery phrase,” the company explained.
And what about Grayscale Investments Holdings
Читать полностью…
Analysts at IntoTheBlock noted a curious feature of the current bear market. They say that if in 2018 many cryptocurrency investors got rid of BTC in a panic, now purchases of the first cryptocurrency are observed on wallets of almost all categories.
The size of the latter is indicated by different colors. Decoding is below.
It seems that the need to purchase coins "on sale" has become more obvious.
Now officially: every fourth bitcoin in circulation has not moved between addresses for at least five years. According to Glassnode, the share of such BTC is 25.12 percent of their total.
Читать полностью…
The trend of the outflow of military-technical cooperation from the exchanges is still preserved. In total, now they already have less than 9% of the total supply (this is the minimum since November 2018)
(Sentiment)
Meanwhile, the popularity of the request for Bitcoin in Google around the world has updated at least a year. So the drawdown of the course does its job.
Читать полностью…
Arcane analysts compared how ETH (gray) and its forks behaved after the merger of the Ethereum network on September 15th. While the cryptocurrency bypasses ETC (blue), ETHW (black) and ETF (blue), that is, its fall was less massive.
Читать полностью…
Meanwhile, the number of new addresses in the Ethereum network on the eve set a minimum since April 2020 at the level of 55 thousand units, after which it began to grow. Obviously, the recent jump in coin prices has again attracted the attention of blockchain users.
Читать полностью…
Over the weekend, Cryptopunks were in first place at the lowest price among the popular NFT collections. The reason for this was a significant subsidence of the Bored Ape Yacht Club indicator the day before.
Читать полностью…
Updated statistics of countries with the largest percentage of the population owning cryptocurrency
Читать полностью…
The weekly RSI also clearly indicates that the price of bitcoin is in the macro-day area and is ready for a reversal.
Читать полностью…
Some more information about the cyclical nature of bitcoin. Historically, all corrections lasted no more than a year, in fact, we have just a year and has passed since the establishment of a historical maximum. Of course, this does not guarantee a reversal, but the necessary correction plan has been completed.
Читать полностью…
26.5 percent of all bitcoins in circulation have not moved for at least five years. This is a new record.
And a hoddle master class from cryptocurrency fans at the same time.
🦖 7 key mistakes in the last 5 years of the crypto market
Every year, crypto provides opportunities to earn, at the same time, many make mistakes and lose. Beginners have an advantage - the mistakes of old cryptans, which can be avoided. Let's talk about them today
🔻 2017: Do not fix profit
After the 800s on the altcoin, I did not take profits. Why? I wanted to get 1000x, and everyone around said that this token would make at least x2 more 100%.
🔻 2018: Don't get rid of dead coins
When you are planted in tokens and are in a strong drawdown, you start to pray and believe that everything will grow back. But, with 98% of altcoins, this does not happen. Sometimes it's better to fix a 50% loss and pay attention to more promising coins.
🔻 2019: Listening too much to the opinion of the crowd
When BTC traded around 6k for a long time in 2019, everyone said that it was a peak and only to bottom further. I sold bitcoins at $6k and bought back twice as much as a result.
🔻 2019: Loss of interest in the crypto market
In 2019, when everyone was in a drawdown of 97% of the portfolio, many left the market. But it was then that there were the best opportunities to enter the market: low prices, weak competition, huge potential for growth, no one is promoting the topic of making money on tiktok...
🔻 2020: Sloth
Laziness destroyed the potential of many kryptans. During the crypto winter, you can reduce the activity in the market, but compensate for this by learning new ideas, trends and skills.
And as soon as the movement begins in the market, you need to turn on to the fullest. Especially if the market is filled with free money, as in 2022.
🔻 2021: A binary approach to investing
In May 2021, I sold everything a few days before the 19/05 crash. And I thought that the peak had already been passed. But because of this, I missed the goby on GameFi projects, the L1-blockchain trend and the metaverses.
You don't have to be 0/100% in the market. Always choose the middle so that you can save assets and not be late for the trend. Investments of even 1% of the portfolio in an asset can double the portfolio
🔻 2022: Investing with a poor risk/reward ratio
The UST stablecoin offered a 19% return per year. The FTX exchange paid 8% per annum in dollars. As a result, everything ended with the bankruptcy of both companies.
Why risk 100% of funds with the expectation of earning only 6-20%? Look for opportunities with the prospect of earning 400% and the risk of losing only 100%.
Meanwhile, the number of Bitcoin addresses holding at least 1,000 BTC has hit a three-year low. The current figure is 2063 units.
It seems that some whales also manage to sell coins.
And here is a list of FTX investors and creditors who revealed their connection with this cryptocurrency exchange and at the same time named the volumes of their own positions. A serious amount is obtained.
Читать полностью…
Remember Michael Saylor of MicroStrategy, who loves Bitcoin and constantly says that "there is no second best cryptocurrency"? It seems that he is mistaken here - at least from the point of view of investing.
If MicroStrategy had been investing the same amounts and at the same time in Ethereum since August 2020, it would be up $1.87 billion today. And so the giant is in the red by 1.22 billion.
Here is a comparison of BTC returns (in orange) and Ethereum returns (in blue). So it goes.
BTC trading volume on the spot market is growing significantly, even though the price is still in a very narrow range (CryptoQuant).
To be honest, such a complex preparation for the subsequent movement is already beginning to scare. More than enough fuel has been accumulated for the flight. A confident majority is waiting for further declines in stablecoins. If we still collect stops from the remaining minority, then the road up to the X's will be open.
https://coinworldstory.com/5-best-passive-income-cloud-mining-projects/
Читать полностью…
Bitcoin investors are less likely to move their cryptocurrencies. Now the share of BTC in circulation, which has not moved for at least a year, has reached its maximum. According to Glassnode, we are talking about 65.95 percent of all existing bitcoins.
So their owners prefer hodl.
Long-term Bitcoin holder returns have fallen to levels not seen since December 2018, the bottom of the previous bearish trend. On average, BTC holders sell them at a 42% loss, which means that the level of entry into the position of such investors was somewhere at 32 thousand dollars for one bitcoin.
Читать полностью…
#Bitcoin exchanges by their whale exchange ratio (relative size of top 10 inflows to total inflow).
🟥 An exchange dominated by the top 10 inflows (factor close to 1).
⬜️ The top 10 tributaries make up ~50% of the total inflow.
🟦 Top 10 tributaries are small (ratio closer to 0)
The leader among visitors to cryptocurrency exchanges over the past 90 days are US citizens - they accounted for 14.33 percent of all visits. Second place for South Korea.
In total, residents of these 20 countries account for 52.4 percent of visits to trading floors over this period.
Large wallets in altcoins recorded a sharp increase in activity (Santiment).
Читать полностью…
Early this morning, the Ethereum testnet called Goerli merged and switched to Proof-of-Stake. This is the last testnet before the update is activated on the mainnet.
We recall that the Eth mainnet update is scheduled for the second half of September.
The share of Bitcoin addresses, whose owners can sell cryptocurrency for a profit, has reached a monthly maximum. According to Glassnode analysts, today the figure is 60.637 percent.
Читать полностью…