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Investment team CryptoCoin Post - https://t.me/CryptoCoinPost Manager - @Fesions
According to the Santiment platform, large Bitcoin investors continue to accumulate cryptocurrency. In particular, owners of wallets with between 10 and 10 thousand BTC now store 13.03 million bitcoins.
This is the highest result in 2023, indicating clear investor confidence in the future of digital assets.
Breaking: Amazon To Invest $4 billion In OpenAI Rival Anthropic
https://coingape.com/amazon-to-invest-4-billion-in-openai-rival-anthropic/?utm_source=mike&utm_medium=telegram
World economy in one infographic 👆
China ranks second after the United States, but there is more and more talk that the rapid growth of the Celestial Empire is declining, and they will never come out on top 🧐
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Breaking: Coinbase To Suspend Trading Services In India By the Month-End
https://coingape.com/breaking-coinbase-to-suspend-trading-services-in-india-by-the-month-end/?utm_source=mike&utm_medium=telegram
Breaking: IMF And FSB Releases G20 Summit Paper On Crypto Asset Regulation
https://coingape.com/imf-fsb-releases-g20-paper-crypto-asset-regulation/?utm_source=mike&utm_medium=telegram
The investment division of the Binance crypto exchange called Binance Labs turned out to be the most active venture investor in the last six months. In particular, the company turned out to be the lead investor in 14 transactions out of 17. This means that it will take an active part in the work of the supported projects.
In second place is Coinbase Ventures. And although this division invested in 14 projects, it was the lead investor in only 2 cases.
DOGE millionaire's fortune drops to $50k 😱
Glauber Contessoto bought Dogecoin for $250k, inspired by Ilon Musk's tweets. He didn't sell Dogecoin when his portfolio grew to $1m, and even at the $3m level, no coins were sold.
Now Glauber Contessoto is not selling because his investment in DOGE is only worth $50k. He believes Musk has a plan and still will 😇
Moral: don't get greedy and lock in profits, at least take what you invested from the market.
SEC litigation against XRP may take place after April 2024 🤔
A lawyer for Ripple told the judge that the company is available for litigation at any time in the second quarter of 2024.
There is a feeling that we will die faster than we know the exact decision on the XRP and SEC court 😅
🔈🚨 Breaking: 🔥 #Coinbase Officially Launches #Crypto Exchange Services In Canada 🇨🇦
https://coingape.com/coinbase-officially-expands-crypto-services-to-canada/?utm_source=mike&utm_medium=telegram
Glassnode: speculators are selling BTC 😡
A new report has shown that short-term holders are in a potential profit taking zone because they are over 80% in the plus side.
As this metric shows, speculators regularly sell in the early stages of a bull market and this may not affect the BTC cycle as a whole.
But it can really make hodlers nervous 😁
Breaking: BinanceUS, Crypto.com Joins Coinbase and Others To Relist XRP, Price Up 87%
https://coingape.com/breaking-binanceus-crypto-com-joins-coinbase-and-others-to-relist-xrp-price-up-87/?utm_source=mike&utm_medium=telegram
XRP was down to $0 today 🤔
On the Poloniex exchange, XRP dropped to $0 this morning, the reason is not entirely clear, most likely due to an exchange glitch.
Stock investors read the FOMC from the Fed 😡
Minutes from last week's Fed meeting showed that some in the meeting wanted to keep raising the rate. And almost all were in favor of another hike or more in 2023.
There was also the word "recession" in the minutes, but with the prefix "moderate" and after mentioning the likely scenario of slow economic growth (a soft landing).
So far we are seeing a well-deserved correction after the rise, but next we have:
▪️ labor market data tomorrow;
▪️ Wednesday U.S. inflation for June;
▪️ and then the media will launch scare stories about a very bad reporting season.
Just yesterday analysts estimated that the correlation between BTC and the S&P 500 went down, and today they are falling together again 🤷♂️
Shrimps are buying up bitcoin 🦐
Owners of wallets with a balance of less than 1 BTC (aka shrimps in the whale hierarchy) are accumulating the first cryptocurrency at a rate of 33,400 BTC per month.
Their total balance has reached a new record of 1.33 million BTC. It is growing throughout the history of the first cryptocurrency, indicating a redistribution of BTC from large owners to retail investors.
In total, shrimp control almost 7% of the current bitcoin issuance 😎
Bets on drop distribution from LayerZero 🤔
An event was created on Polymarket with forecasts regarding a possible drop from LayerZero.
The essence of this event is simple: if LayerZero holds a drop before October 31, 2023, then all those who predicted a positive outcome will be able to earn money.
Otherwise, participants who bet that the drop will not take place until October 31, 2023 will receive their winnings.
Do you think LayerZero will distribute token drops before October 31st?
List of the largest airdrops in history
By participating in each of them with only one wallet, you could earn almost $100,000. But no one is stopping you from creating a lot more of them. Those who still do not participate in this topic are missing out on a lot.
Breaking: NYDFS’ Proposed Framework For Crypto Listings And Delistings – WSJ
https://coingape.com/breaking-nydfs-proposed-framework-for-crypto-listings-and-delistings-wsj/?utm_source=mike&utm_medium=telegram
Investment company ARK Invest, led by Kathy Wood, has applied to launch a spot Ethereum ETF, which is based on the regular price of ETH.
Earlier in the second half of August, many giants like VanEck and Bitwise also submitted similar applications, but they were talking about futures ETFs.
So a new trend is already emerging.
Now the proportion of Ethereum lovers who hold their ETH at a loss has reached 44.2 percent of all investors. Accordingly, they bought coins more expensive than they are worth today.
At the beginning of July 2023, the figure was 27 percent, while its peak in the current bearish trend was 50 percent. Such is the difficult stage of the collapse of the market is obtained.
Binance Removes Cardano, MATIC, Pepe Coin, BTC & 35 Other Liquidity Pools, What It Means?
https://coingape.com/binance-removes-cardano-matic-pepe-coin-btc-35-other-liquidity-pools-what-it-means/?utm_source=mike&utm_medium=telegram
Breaking: FTX Claims Agent Kroll’s Cybersecurity Breach Compromised Claimants Data
https://coingape.com/breaking-ftx-claims-agent-krolls-cybersecurity-breach-compromised-claimants-data/?utm_source=mike&utm_medium=telegram
Former SEC spokesman John Reed Stark said that the current SEC will not approve Bitcoin-ETF 🤯
He argues that the current SEC will not approve the Bitcoin-Spot ETF and that the pressure from regulators on cryptocurrencies will never stop.
However, he noted that the change of power after the US elections may lead to changes in the approach to cryptocurrency regulation.
We are waiting...
CoinMetrics analysts note a faster growth in the hashrate of the Bitcoin network in the first half of 2023. During this period, the indicator increased by 49 percent, while in the first half of 2022 it increased by only 22 percent.
Mining BTC is in trend, in general.
Major exchanges have started to re-list XRP 😎
Coinbase, Gemini and a number of others have re-listed XRP and allowed trading.
But we're still not over the $1 mark....
The correlation between Bitcoin and altcoins in 2023 (in blue) is noticeably lower than the corresponding figures of the previous year (in orange). This means that the dependence in changes in the exchange rates of the above categories of cryptoassets has become smaller.
Obviously, the active growth of Bitcoin at the beginning of the year, when it surpassed most coins in terms of profitability, has an impact.
Breaking: Standard Chartered Revises Bitcoin (BTC) Price Prediction To $50000, $120K In 2024
https://bit.ly/46FK6kO
Binance To Retire Deposit Addresses On BTC, BCH, LTC, XRP, ADA, DOGE Networks
https://bit.ly/3NICl5a
Possible dates when the SEC will accept BlackRock's Bitcoin ETF 👆
▪️ August 12, 2023 (accept, reject, delay 45 days).
▪️ September 26, 2023 (accept, decline, delay 90 days).
▪️ December 25, 2023 (accept, reject, delay 60 days).
▪️ February 24, 2024 is the final date the SEC must accept or reject the application.
By regulation, if the SEC does not deny after the final date, the application is considered accepted.
P.S. BlackRock can withdraw the application any day and short the crypto market 😡