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07 августа 2023 23:56

💥 NEW: Bitcoin Long-Term Holder supply just hit a record-breaking 75% of circulating supply while volatility is at an all-time-low 🙌

Bitcoin hodlers have never had more conviction 💪

🤝 @Cryptocurrency_Inside ✅

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06 августа 2023 16:17

⚫️ Elon Musk says his fight against Mark Zuckerberg will be live-streamed on X (Twitter), and "all proceeds will go to charity for veterans."

👉🏻 Who will win this fight? 🤔

Elon - 🔥
Mark - ❤️

🤝 @Cryptocurrency_Inside ✅

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05 августа 2023 10:45

💰 BTC has been the best performing asset since the start of this liquidity cycle.

Since March 2020:

∙ BTC +397%
∙ S&P +107%
∙ NASDAQ +98.5%
∙ VNQ +42%
∙ GOLD +31%
∙ ARKK +30%

Global liquidity will grow forever, and Bitcoin is designed to absorb that liquidity in the best way possible.

🤝 @Cryptocurrency_Inside ✅

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03 августа 2023 09:05

A market maker, someone who owns the market?📈
⠀
Many people have the idea that market makers are all-powerful in the crypto market. They determine the fate of the market, and we are just their puppets. But is this true?

⚡️Who they are and what they do

✍️A market maker is that market participant who, for a certain fee, can "draw" almost any chart of your token, if you are willing to give enough money to pay off and pump the coin.

🔵That is, the market maker decides the fate of the token by pressurizing the number of coins.

🔵That's why most often the team, funds and close people of the project have a huge amount of tokens on the listing. More than 50%.

🪙To successfully influence the price of a token, even 30% of the coins of the entire network is enough. Owning 50% will be difficult, because the coins may be in steaking or in hold.

🔩The work of a market maker

There is one main rule: squeeze out the maximum profit in specific conditions.

📈Each project has its own audience and its own limits to which it is profitable to pump token. The bigger the community, the more you can pump the coin, because more people will buy it.

🔵It turns out, market makers can pump and dump tokens. However, usually only tier 3 and tier 5 projects. Top projects work differently.

🔼Tier 1 projects

👀Market manipulators are getting into the game. We don't know the companies or people who work with them directly. We are left to hypothesize.

🔵They work on the same principles as market makers, but affect all cryptocurrencies: Bitcoin, Ethereum, Link.

💰Considering that Bitcoin at its peak was 1%-1.5% of the global economy. Most likely some manipulators are working with very significant people.

💡Market makers and manipulators are the link in the market that makes it grow. It's important to understand their logic to really make money in the market.

❔Do you follow the big players in the market?

👍 - Yes
👎 - No

🤝 Cryptocurrency Inside ✅ | Telegram | Chat | Partner

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01 августа 2023 19:23

Curve just another hack?🥷
⠀
If you haven't been following the Curve situation. Here's a good explanation of why this event could turn into a black swan for the entire industry.

💡According to Defillama, if CRV falls below $0.375, Aave will liquidate 300 million CRV ($114.2 million) - almost all of them owned by Curve's founder Mikhail Egorov. The problem is that there isn't a single exchange or protocol that can absorb that kind of volume. Egorov borrowed 60 million USDT against the collateral provided by CRV. He has similar smaller positions in a number of other protocols: Frax, Abracadabra, Inverse, Silo. All have a health level of ~1.6. Periodically, Egorov pays off some debt to keep the ratio from dropping. You can track positions here.

❌The problems started on Sunday with the Vyper vulnerability, which allowed hackers to brick some pools of Curve and other protocols. This caused the price of CRV to collapse, and loans that were healthy are now nearing liquidation.

⚡️The problem is the lack of liquidity of CRV - if you examine pools with this token, you can see that there is almost no ETH in them. The situation is the same on centralized exchanges. On Binance there are 8 million limit orders for CRV at 0.30. On OKX, there are 1.3 million CRVs. Liquidating 300 million CRV in Aave at a price below 0.37 would be problematic, so the protocol risks being left with bad debt that won't be repaid.

🤔What to do with this information? To minimize risk, you can exit positions in Aave or any other protocols where CRV is actively used as collateral. It also wouldn't hurt to withdraw liquidity from Curve pools in all networks (the protocol itself recommends withdrawing from Tricrypto in Arbitrum).

👀It is quite possible that the situation will be resolved favorably - a further drop in CRV and liquidation of positions will damage the whole industry, so there is a possibility that other whales will intervene in case of a further drop. However, as experience shows, it is better to watch such situations from the sidelines - then the maximum you will lose will be gas spending.

❔Do you use exchange services?

👍 - Yes
👎 - No

🤝 Cryptocurrency Inside ✅ | Telegram | Chat | Partner

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01 августа 2023 11:17

What happens if a major project yields nothing?📉
⠀
Retrodropes. retrodrop. retrodrops. Virtually everyone who is not just in trading is paying attention to them now. Is that a good thing?

⚡️This is a new popular branch in crypto which is growing more and more. A lot of people have come into this niche even those who had little or no interest in cryptocurrency before.

🪙They started gaining popularity after many people made a Life Change on Arbitrum or another big project (Blur, Aptos). As you can see, the previous projects have already set a certain bar in the size of drops and if another large project gives out many times less, it will be the first call.

🟪But what if there is no drop at all?

🫂Multi-accounting has become a part of retrodrops, now every second person has a farm of accounts and drives them into projects. This is what could ruin them. It can happen that the projects simply do not have enough money for everyone and if drops will be, they will give out 10-100$ at about the same cost per account.

🦄When such projects as UniSwap were giving out drops, there were not such a large number of users.

Because of this, there will probably be a "zeroing out" after a while when the same L0 (or other big project) cancels for everyone and there will be no dropship. There will definitely be a big razor from a first tier project and it's interesting to speculate from which one.

🪂How will this affect airdrops?

📈As sad as it will be, it will most likely affect it in a positive way. Many people will have no desire to do other drops, thus in other projects competition will fall, and therefore projects will give more coins. Consequently, the share of potential drops will not be so diluted!

🟢As long as there is a proper hype on retrodrops, we need to take advantage of it, because in the future there will be no such chance! Even if L0 does not show the result, you do not need to stop, and take yourself in hand and do other projects, as your chances of Life Change will grow by leaps and bounds.

❔Do you do activity in projects?

👍 - Yes
👎 - No

🤝 Cryptocurrency Inside ✅ | Telegram | Chat | Partner

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30 июля 2023 18:18

🔵 Today, the Ethereum blockchain turns 8 years old - it was on July 30, 2015 that the zero block was mined.

8 years ago today, Ethereum created its genesis block, marking the 1st block on the blockchain. The block contained 8,893 ether transactions sent to various wallets, with a block reward of 5 $ETH.

👉🏻 Happy Birthday, Ethereum! 🎂

Do you use Ethereum?

YES - 👍
NO - 👎

🤝 @Cryptocurrency_Inside ✅

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30 июля 2023 11:14

The long-awaited Coinlist update💰
⠀
Everyone's been waiting. Everyone asked for it. No one understood why it could not be introduced at once and close the issue with all the annoying multi-accounts. And now this day has come.

🧐Coinlist introduced the necessity of having a deposit for redemption of allocation on the account before the start of the sale.

🟩Yay. Every "correct" single account user would be happy today, if it weren't for one thing - it's not mid-21st year and coinlist long ago stopped being a site where every coin gave x10 just for buying coins.

⚡️Today, coinlist is a questionable service in terms of return on investment that hasn't shown any good profit for users of the platform in a long time. Partly because of its greed, partly because of the greed of the projects that decided to conduct their sales there. Only the teams of these projects know the truth, but this does not cancel the fact that the coinlist has turned into what we see now.

🔵The innovation is good and useful. Definitely. But only the meaning of it can be about zero, as long as there will be the same attitude to the community, and specifically to the timely issuance of tokens purchased on their platform, revision of the anti-fraud system (because of which even people with one account were irrevocably deprived of this very one account) and many, many other things.

👀These are significant changes that completely equalize the chances of all participants and devalue all crypto-farms.

🔩There are 2 opinions going around:

1️⃣On the one hand, this is a very logical decision in terms of safety and fairness, you just have to keep money on each account to participate in the sale, as it works on Bybit, and everything that needs to be sold - will be sold, without additional allocations.

2️⃣But on the other hand now you can't really use multi-accounts and you can't expect liefchanges now.

💡Changes are good, but without better interaction with the community, clear distribution of tokens and attracting worthy projects the return will be zero.

❔Does Coinlist have a chance to regain its past popularity?

👍 - Yes
👎 - No

🤝 Cryptocurrency Inside ✅ | Telegram | Chat | Partner

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28 июля 2023 22:27

Crypto.com received a license from the Central Bank of the Netherlands💲
⠀
The license was issued by the regulator based on the results of a review of the crypto exchange's business for compliance with the country's anti-money laundering legislation

🇳🇱Crypto dot com has been granted a license by the Dutch Central Bank (De Nederlandsche Bank, DNB) to provide crypto services. This comes just a month after another platform, the world's largest crypto exchange Binance, failed to obtain such a license and was forced to withdraw from the Netherlands.

🔸According to a June 16 report, Binance immediately stopped registering new users from the Netherlands. From July 17, existing clients of the exchange will only be able to withdraw funds from the platform, replenishment and trading will be unavailable to them.

🔸The Binance exchange announced its withdrawal from the Netherlands just days after a similar move in Cyprus.

"While we explored many alternative ways to serve Dutch residents in accordance with local regulations, unfortunately this did not result in registration in the Netherlands. Binance will continue to attempt to obtain authorization to provide products and services to users in the Netherlands," reads a statement from Binance

⚡️In June, Binance withdrew from the Dutch market as it was unable to obtain local registration and said it would cease operations. In the summer of 2022, the country's central bank fined the crypto exchange €3.325 million, accusing it of illegally providing cryptocurrency services.

🔩Crypto.com received the registration after its business was checked for compliance with Dutch legislation on the prevention of money laundering and terrorist financing, the company said in a statement.

"The registration authorization from De Nederlandsche Bank is an important milestone for our business and further proof of our commitment to compliance. We look forward to continuing to work with DNB and other regulators around the world," Crypto.com CEO Kris Marszalek said.

❔Are you worried about your assets in the stock exchanges?

👍 - Yes
👎 - No

🤝 Cryptocurrency Inside ✅ | Telegram | Chat | Partner

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27 июля 2023 16:27

BREAKING: The Department of ‘Justice’ has dropped the campaign finance charge against crypto scammer Sam Bankman-Fried.

🤝 @Cryptocurrency_Inside ✅

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26 июля 2023 20:14

JUST IN - U.S. Federal Reserve raises interest rates by 0.25% to 5.50%, the highest level in 22 years.

🤝 @Cryptocurrency_Inside ✅

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26 июля 2023 16:43

JUST IN: Billionaire Tim Draper says Bitcoin will rise above fiat, and it's better & safer than banks and governments controlling currency.

🤝 @Cryptocurrency_Inside ✅

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25 июля 2023 21:30

ETH creator, Vitaly Buterin about Worldcoin🔹
⠀
👨‍💻 Vitalik Buterin shared his thoughts on the biometrics-based identity proof system used by Worldcoin. He also highlighted the problems of the project and their possible solutions.

🟧Main risks of Worldcoin:

✅Privacy

Despite the use of cryptographic methods to protect data, there is a risk of information leakage or misuse.

🧐Accessibility

The need for physical access to the Orb device limits the scope of the project, potentially leading to an uneven distribution in favor of urban centers.

⚡️Centralization

Despite promises of decentralization by Worldcoin, there are concerns about the possibility of introducing "back doors" or creating fake identities.

🔒Security

Risks associated with the possibility of phones being hacked, forcing iris scans for others, or the use of fake IDs.

💡To address these challenges, Vitalik suggests combining three existing approaches to identity proofing: social graph-based, general biometric hardware, and specialized biometric hardware.

📈Such a solution could provide a decentralized, scalable, and privacy-oriented system. Despite the risks, Buterin sees the concept of proof of identity as valuable.

The $WLD token continues to trade around $2.3

❔Do you believe that the project will have development?

👍 - Yes
👎 - No

🤝 Cryptocurrency Inside ✅ | Telegram | Chat | Partner

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24 июля 2023 21:02

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#Ad

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24 июля 2023 18:55

The 800,000th BTC block was mined today

🤝 @Cryptocurrency_Inside ✅

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07 августа 2023 17:53

⚪️🔵 PayPal just launched a stablecoin on Ethereum.

PayPal just launched a USD stablecoin $PYUSD on Ethereum, issued and redeemable via Paxos 1:1 for dollars.

Demand for tokenized assets within the traditional financial services industry is more clear than ever.

🤝 @Cryptocurrency_Inside ✅

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05 августа 2023 12:35

Did you know that Blackrock owns 8% of MicroStrategy?

BlackRock bought 757,146 shares more than a year ago.

🤝 @Cryptocurrency_Inside ✅

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04 августа 2023 10:08

OpenSea still alive?⛵️
⠀
Today we're going to take a look at the state of OpenSea✔️

Recently it became known that OpenSea is introducing a new Deals tool for exchanging NFTs between users. NFT can be exchanged with or without additional payment in any direction. All exchanges take place inside the platform itself, which excludes the possibility of phishing. The tool is based on the Seaport protocol praised by the developers.

💡Information about at least some updates of OpenSea very loudly swept through the crypto community and gave nostalgic memories of the "golden times" of the platform. Let's take a look at how things are going right now for the NFT marketplace, which has been the giant of its segment for a long time.

🦎Data from CoinGecko, shows that NFT trading volume fell 35% (from $4.84 billion to $3.15 billion) in the second quarter of 2023, despite the growing popularity of Bitcoin Ordinals. Bitcoin-NFTs have been of particular interest to the crypto community this month, with 385,600 new tokens issued on July 16 alone. This is one of the highest numbers since the launch of Ordinals. Ethereum, on the other hand, still continues to dominate the NFT sector, taking 83% of the volume, so let's focus on this network.

📉So, Blur now ranks first in trading volume among Ethereum-based NFT marketplaces. CryptoRank calculated that the amount of transactions on the Blur platform for a month passed $0.5 billion. OpenSea finally lost the leadership: the amount of transactions on this platform amounted to only ~$114 million (five times less). It should be noted that OpenSea continues to be number one by the number of active users, but the volumes leave much to be desired. Perhaps it is this defeat in the competitive race that made OpenSea think of ways to motivate users to be active. One of them is Deals.

📈The NFT barter exchange system opens up an opportunity for experienced collectors to make a profitable exchange, because many NFT-holders do not look at the rarity of NFTs. There is a good chance to exchange your NFT for a rarer one. Deals are also convenient if a collector wants to build a portfolio of specific NFTs, because now he doesn't have to spend all day on selecting NFTs, he can just offer an exchange (up to 30 NFTs at a time).

🧐And a bit of sad information: Deals gives way to new types of scams - scammers will try to deceive naive users, offering them not the most favorable exchanges, trying to catch newbies in a mistake. In any case, many people welcomed the innovation positively.

❔ Do you hold NFT as an investment ?

👍 - Yes
👎- No

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02 августа 2023 12:24

🥇 MicroStrategy to raise $750 million to buy more Bitcoin.

👉🏻 He's not stopping! 🤑

🤝 @Cryptocurrency_Inside ✅

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01 августа 2023 18:51

💰 Yesterday Tether disclosed the purchase of 2,310 bitcoin in Q2, raising its stacks from 52,698 bitcoin in Q1 to 55,008 bitcoin, worth approximately $1.67 billion!

It is worth mentioning this purchase was done using excess profits, not reserves.

🤝 @Cryptocurrency_Inside ✅

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31 июля 2023 09:53

What are L3s and why are they needed⚡️
⠀
We're not talking about a cryptoquest platform, but about rollups on top of rollups - the ones launched in recent months by every popular L2 from Arbitrum to Starknet.

💡Base

🔼If you understand how L2s work, it shouldn't be hard to visualize how L3s work. If you don't, let's remind you of the principle: L2 (Layer 2) are separate "layer 2" blockchains that offer cheaper and faster transactions than L1 by combining them off-chain and bundling them into Ethereum.

In doing so, security is inherited from the Layer 1 network (at least in the long run). L3 works in a similar way, but on top of L2, respectively enabling even faster and cheaper transactions.

🧐Why do we need L3s?

L2 has proven to be insufficiently scalable for some types of applications, such as gaming or order book-based DEX. They require very high bandwidth and very low fees, which neither L2 projects already launched and with support from developers nor Ethereum itself with its scale can offer yet.

👀What will happen with L2?

Layer 2 blockchains remain a great general purpose scaling solution, meaning they are still suitable for most dApps - it's worth considering that the lower L3 fees come at the cost of reduced security. Also, L2 projects directly benefit from L3 adoption because the latter will pay them for transactions.

➡️Examples of L3

🟢XAI gaming blockchain on top of Arbitrum from Offchain Labs themselves. One of the first Arbitrum Orbit networks .
🟢Hyperchains from zkSync using ZK Stack. All "hyperchains" can communicate with each other.
🟢Starknet Appchains, just the other day announced at EthCC in Paris

❔Did you know about blockchain tiers?

👍 - Yes
👎 - No

🤝 Cryptocurrency Inside ✅ | Telegram | Chat | Partner

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30 июля 2023 17:36

Uber users will eventually be able to pay for rides using 💰Bitcoin, said CEO

"Is Uber going to accept crypto in the future? Absolutely, at some point," Khosrowshahi said. "As the exchange mechanism becomes less expensive, becomes more environmentally friendly, I think you will see us lean into crypto a little bit more." 

Link

🤝 @Cryptocurrency_Inside ✅

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29 июля 2023 15:15

🦊 The number of MetaMask users is 100 million.

MetaMask product manager Lex Jupiter said that 30 million users use the wallet every month and the total number of accounts is 100 million.

According to him, the company is already looking at expanding to other chains besides EVM-compatible ones.

He also emphasized that MetaMask currently has no plans to issue its own token, as it will have no actual use.

Do you use MetaMask Wallet?
Yes - 👍
No - 👎

🤝 @Cryptocurrency_Inside ✅

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28 июля 2023 07:41

Web 3.0: The wallet is a business card and a path to privilege🖼
⠀
⚡️Social status says a lot about you in the web2 world. By some attributes in life, people form an opinion about you. Who you are and what you are, although it's not always a good thing, but that's the way the world works.

🪙If you have an expensive car, branded clothes, expensive watches - people will reach out to you, as they obviously see you as a person who has most likely achieved something and it will be interesting to communicate with him, as well as to share experiences.

🧐In irl it is quite easy to immediately determine who stands in front of you and what he is, but how to do it in the Web 3 world, where you see in front of you only a screen?

😎What is the identity identifier in this web3 world? - Your wallet!

🔩In Web3 a lot of things are decided by your background, how you managed to earn, your balance, what actions you did, what you hold, etc. Most of this can be found out through your wallet. You'll only be accepted into a good community if you have a history or have been vouched for. Your wallet is like your resume.

💰A lot depends on the balance. If you have money, you can buy yourself BAYC or other top collections and be in some of the coolest communities with wealthy people who have a lot to talk about, exchange information, go to different meetings, and most importantly they will help you earn even more.

📈In fact, you don't even need to spend USDT on your balance, just show them and your "social rating" goes up immediately. An example is the top wallets on the same DeBank.

❓If you are a "common man", you will not be an interesting person for the top of the crypto community.

⏳If there's no money, is it over? No. The path will just be harder. The great beauty of web3 is that there are quick ups and quick downs here. Today you're a simple twitter trader, tomorrow you're already a respected Influencer with your own audience, and the day after tomorrow you're looking for a regular job because your twitter has been taken down.

🫂If you're heady, smart and sociable, you'll probably be taken to the top of the Web3 networking hangout, so it's important to build up your networking, even if you're "nothing" yet.

📈Pump up your wallet and yourself!

As you can see, in web2 and web3 everything depends on your wallet, only in the world of cryptocurrencies it is not physical, but material goods such as a car, here it is expensive NFT.

❔Are you currently working on improving your financial health?

👍 - Yes
👎 - No

🤝 Cryptocurrency Inside ✅ | Telegram | Chat | Partner

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26 июля 2023 21:35

Passively earn in crypto💰
⠀
Today we will touch on methods of passive earnings in crypto. Let's get started!

We will talk about such methods as farming and steaking.

👀It is worth saying that for proper earnings you should have a good bank and learn to choose reliable sites with good APR/APY. Don't forget about hacks, compare all risks and don't invest all your money.

🧐At first many people may not understand the difference between APR & APY, we will tell you everything in simple language. APR is the annual percentage rate, for example, you invest 1.000$ in an Asset with 15% APR. So in one year you will have $1,150, in two years $1,300, etc.

🟢APY is the annual percentage yield, compound interest, which is immediately added to the body of the investment. With the same 15% you will earn much more, but the interest differs depending on the accrual period.

🟢Also, don't forget about TVL (Total Value Locked). This is a metric that can be used to determine the amount of locked cryptocurrency on the platforms. The more such assets, the higher your returns will be.

⚡️Let's get to the main point.

📉Farming is one of the main advantages of the DeFi sector. In simple words you take one asset, add another one and place them for farming in order to get tokens from the protocol. Typically used to attract and retain users.

🙌Staking is analogous to rewarding miners. You invest coins and get rewarded by the network itself. In simple words, payment for work and maintaining the stability of the network/protocol.

❔Do you use methods for passive earnings in crypto?

👍 - Yes
👎 - No

🤝 Cryptocurrency Inside ✅ | Telegram | Chat | Partner

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26 июля 2023 16:51

3 analysts at BlackRock published a study on #Bitcoin in early 2022.

"The study concluded that the most ideal optimal risk vs reward portfolio is:

84.9%: #Bitcoin
9.06%: Stocks
6.04%: Bonds

Say it after me:

Bullish.
As.
Fuck."

- British HODL

🤝 @Cryptocurrency_Inside ✅

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26 июля 2023 09:34

🇺🇸 Presidential candidate Robert F. Kennedy Jr. says the financial system is designed for the rich to strip the middle class of their assets and equity.

🤝 @Cryptocurrency_Inside ✅

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25 июля 2023 15:19

🇯🇵 JUST IN: Japan's Prime Minister explained the country is creating a Bitcoin friendly environment!

"We are creating an environment to promote #Bitcoin and crypto. It can transform the Internet."

- Fumio Kishida

🤝 @Cryptocurrency_Inside ✅

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24 июля 2023 19:08

Whales are gaining on BTC. Market analytics💰
⠀
What do the numbers and onchain analytics tell us? Whales are manipulating the market

⚡️Let's start the review with BTC

📈The BTC balance of long-term Bitcoin holders (addresses that have been held for at least 155 days) increased by 62,882 BTC ($1.83 billion) this month. The total supply of Bitcoin held by long-term holders reached a new all-time high of 14.52 million BTC, equivalent to 75% of the circulating supply. This suggests that HODLing (long-term holding) is the preferred market dynamic among experienced investors.

🔶41% of all inflows to exchanges are related to whale action. Of that volume, over 82% is directed to Binance, the largest exchange in the industry

⚡️Altcoin dominance has reached a 4-month high!

📈BTC dominance has fallen 8% since early July following the Ripple decision, sparking a rally in the altcoin market. BTC dominance on the 25 largest centralized exchanges is now at its lowest level since April at 27%.

🪙Two new tokens were launched last week: decentralized stablecoin Aave GHO and cryptocurrency startup Arkham with token ARKM.

💲USDT:

🟢Tether's capitalization continued to grow in Q2, reaching an all-time high of over $83 billion in early June.

🟢Despite USDT's capitalization growth, trading activity for the stablecoin on centralized exchanges and Ethereum-based exchanges has remained weak over the past few months.

🧐All this tells us that the market remains illiquid, with old whales holding on and even gaining ground while newcomers flee the market. Altcoins are bouncing chaotically, but bitcoin is already losing its dominance.

❔In which assets do you hold your main investments in BTC or altcoins?

👍 - BTC
👎 - ALTCOINS

🤝 Cryptocurrency Inside ✅ | Telegram | Chat | Partner

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23 июля 2023 19:29

Crypto industry report for Q2 2023📈
⠀
⚡️Later towards the end of the quarter, bitcoin showed not only volatility but also growth, hitting a yearly high of $30694. This came on the back of BlackRock's application to their exchange traded fund (ETF) for spot bitcoin.

💸Stablecoin fell 3.5%, but $USDT strengthened its position, increasing its capitalization by 4.4%. However, $USDC has a $1 billion decrease in capitalization per turnover.

🔹With the ability to withdraw, $ETH's staking figures rose 30.3% to reach $23.6 million.Lido remained the dominant staking provider, with 31.9% of all staked ETH. This represents a slight increase from its 31.4% market share in Q1. Meanwhile, Kraken’s dominance fell to 3.4% as it winds down its staking product in the US following a settlement with the SEC. The exchange had a -36.2% drop in staked ETH QoQ. Coinbase’s dominance also fell by -3.5% in Q2, ending the quarter with a 9.6% market share.

🖼Despite the interest that Bitcoin Ordinals has generated, NFT trading volume is down 35%. And the Ethereum network is still the leader for NFT trading at 83%.

🔸Spot trading on CEXs is also down 43.2%. This includes not a rosy performance for Binance either. Due to regulatory pressure, its trading volume fell by half, by 52%.

🦄As for DEXs, their situation is better. Their trading volume fell by only 28.1%. The leader remains the crypto exchange Uniswap, with an indicator of 70% as of May.

❔Are nfts obsolete or will they still shoot up?

👍 - Yes
👎 - No

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