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▪️About blockchain, cryptocurrency and crypto technologies. ▪️Actual entry and exit points in the cryptocurrency market 🔹Channel: @finsignal 🔹Buy ads: https://telega.io/c/finsignal
🤖 FTX systems gave Alameda a secret advantage in transaction speed - CFTC statement
According to the US Commodity Futures Trading Commission, Alameda Research had a secret speed advantage when executing orders on the FTX cryptocurrency exchange.
Alameda was able to bypass parts of the exchange's trading architecture and bypass some of its automated verification processes, the CFTC said in a complaint filed Tuesday in federal court in Manhattan.
"These benefits were not publicly disclosed" and provided a "significant speed advantage," the CFTC said.
"Alameda's trade orders arrived a few milliseconds faster than orders from other API users," the CFTC said.
In the high-frequency trading sector, this is a significant time advantage.
Looking forward to the second part of the film Operation Hummingbird?
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📟Mining is useful
A new study from ARKInvest has shown that bitcoin mining can be a productive way to harness and curb natural gas emissions.
Refining methane could power as many as 10 Bitcoin networks and cut greenhouse gas emissions!
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#LastNews
🔹️The Sui Foundation published the details of SUI distribution and the community reserve was 50%
🔹️Visa invests $1 billion in Africa — The company plans to invest $1 billion in Africa over the next five years, against the backdrop of a sharp development of digital currency on the continent
🔹️Binance Chief Strategy Officer Patrick Hillmann stated that CZ was in the US after the release of FUD. But he did not officially report this, since the company cannot work with US citizens.
🔹️Some U.S. senators claim Binance is backed by the Chinese Communist Party and has close ties to it — CZ Changpeng Zhao recently stated that Binance is NOT a Chinese company and is not affiliated with China at all
🔹️Congressman Tom Emmer Claims SEC Chairman Gensler Knew About FTX Fraud - “Gary Gensler knows FTX was fraudulent from the start. This is outrageous considering he has had more SBF Bankman-Freed encounters than anyone in space.”
🔹️The world will inevitably face a new pandemic. Confidence in this was expressed by US President Joe Biden, speaking at the US-Africa summit in Washington. The head of the White House recalled the 231 million doses of vaccines delivered to African countries and investments in their production locally
🔹️MetaMask launches PayPal integration for Ethereum purchases next week, but for now the functionality is focused on US citizens - “This PayPal integration will allow our users in the US not only to seamlessly buy cryptocurrency through MetaMask, but also to easily explore the Web3 ecosystem”
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Smart money is betting on a bull market.
With the exception of 2008, they did not make a mistake with the choice of direction.
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Get free signalsLearn Trading the right way!
⚡️200,000 bitcoins have been withdrawn from crypto exchanges in the last 30 days.
The total amount of withdrawn cryptocurrency amounted to $3.4 billion.
This is the largest outflow in history.
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Comparison of world economies with the crypto market (in the center)
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The number of NFT buyers on Polygon is steadily growing
A Christmas miracle, or did it finally become clear that low gas and high transaction speed are the characteristics that a blockchain should have?
And about how the marketplace market on Ethereum has changed, read in the cards.
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☄️ The Block CEO resigns due to FTX collapse
The Block CEO Michael McCaffrey stepped down after hiding information about loans received from Sam Bankman-Fried's bankrupt company Alameda Research.
A Dec. 9 press statement said that McCaffrey received more than $40 million from the disgraced crypto empire and did not inform anyone.
Sam Bankman-Fried will testify before a House committee next week due to the FTX collapse.
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❗️FTX CEO Sam Bankman-Freed was detained in the Bahamas at the request of the United States authorities, MarketWatch writes, citing a statement by the island nation's Attorney General.
US authorities have opened a criminal case against Bankman-Fried and are likely to seek his extradition, the report said. He is suspected of fraud and price manipulation of cryptocurrencies.
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There has been a spike in withdrawals from Binance over the past 24 hours with a net flow of -$1.6B*.
Its 7-day net flow is now -$1.9B, currently less than the weekly net flow of -$2.3B that Binance processed after the FTX crash.
*Only ETH and ERC20 tokens
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📈 Scary, but growing.
Panic around Binance is canceled, it was caused by a fake Reuters article yesterday. The publication reported: US Attorney's Office is considering whether to accuse Binance of money laundering and violating sanctions. But this turned out not to be true.
Although Binance immediately issued a rebuttal, investors panicked and began to sell everything related to the exchange: BNB, BUSD, TWT. You can understand them: such accusations often fly towards the crypto exchange, and they are not entirely unfounded. In addition, the head of Binance recently "drowned" the largest US exchange, whose leadership actively supported the ruling party. So US sanctions on Binance are quite possible.
• index of fear and greed 27 - "fear".
• market capitalization — $842.57 billion.
• Bitcoin dominance - 38.26%.
• alt season index — 33
Waiting for your opinion in our chat
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🤝📈 Katy Wood is bullish on #BTC and DeFi
Ark Invest CEO Wood supports bitcoin despite the collapse of FTX, saying that the blockchain of the first cryptocurrency continues to operate as usual.
"SBF didn't like bitcoin because he couldn't control it" - Wood
According to her, the Bitcoin blockchain did not miss a single blow during the crisis caused by opaque centralized players.
Wood remains very positive about cryptocurrencies and believes that the bankruptcy of centralized institutions will contribute to the development of a decentralized financial sector.
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📈 Cryptocurrency Toncoin rose by 42% in 4 days
Nickname exchange in Telegram works fine. Nickname sber was recently sold for $870,000. And trading on the exchange of nicknames takes place in Ton.
Telegram also launched the ability to register an account without a SIM card using anonymous numbers based on the blockchain. Of course, payment in Ton.
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⛵️In 2022, the creators of OpenSea earned a fee of $1 billion
This year, the NFT industry has been debating endlessly on royalties, whether they should be paid, and who should provide them. This is not surprising given how much is at stake in terms of royalties.
According to Shiva Rajaraman, VP of Product at OpenSea, in 2022 alone, creators in the popular market have earned around $1 billion in royalties. This was based on data recorded between January 1 and November 23, 2022.
This revelation was made in a recent blog post that details how royalties have unfolded this year. For example, about 80% of this amount comes from NFTs that are not in the top 10 collections, highlighting the importance of royalties for smaller contributors.
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🇺🇸 Squeeze of the US Federal Reserve meeting
Of course, they moderately raised the rate, but their mood is aggressive and does not smell of easing in the near future - they will increase their impact and, according to Powell, the peak will be higher than previously predicted ‼️
A few quotes:
- Our target is 2% inflation
- We still have a lot to do
- We do not focus on short-term changes in financial conditions
- The emphasis is not on short-term changes in financial conditions, but on permanent changes
- the point is to keep rates at their peak until we are really confident that inflation will come down in a sustainable way
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⚡️The query “Buy Bitcoin” for the first time overtook the query “Buy shares” in popularity.
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Falling wedge formation in 1D timeframe (Bullish pattern)
Candles are getting bullish!
Compression to the level of resistance!
Accumulation of volumes
Computer analysis also
SPEAKING Growth
Buy zone and sell targets
indicated on the chart
"Don't forget about Stop Loss
🔥 The market is already moving, Binance FUD is in full swing, and inflation data is still ahead
Today and tomorrow are the most important days and you have to be ready for anything ‼️
But, if inflation slowdown expectations are justified, then Jerome Powell's speech is likely to be soft, which will have a beneficial effect on the markets.
And when Changpeng Zhao #CZ convinces everyone that FUD around him and #Binance is a dummy, and everything is fine with them, this can become a real impetus for a significant growth of the entire market
Here's a Christmas rally for you 🚀
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📈 Stable. Crypt in the morning
All of yesterday's daily gains were thrown into disarray after the Fed entered the scene. However, the rigidity of the forecasts did not hit the market, which is so dependent on monetary policy, much.
Now the market is still considering the potential risks of Binance insolvency. Billions of dollars are withdrawn from the exchange every day, and this is a great stress test. If Binance passes this test, the credibility of its products will instantly increase.
Against this background, #BNB (a token that allows profitable trading on the stock exchange), #BUSD (one of the main stablecoins in the world) and #TWT (the token of their non-custodial wallet) will sparkle with new colors. After all, the use of each of these tokens and products in general is based on trust, and there is little of it in the industry now.
Index of fear and greed 31 - "Fear".
Market capitalization - $ 860.81 billion.
Bitcoin dominance - 38.69%.
Altseason index - 29
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✔️Pavel Durov became the richest man in the UAE. His fortune is estimated at $15.1 billion.
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👟 Nike-affiliated studio RTFKT has announced a NFT sneaker collection.
A total of 19,000 pieces will be produced, complete with physical replicas of the sneaker - with automatic lacing and lighting based on the movie "Back to the Future 2".
The price of NFT is from $450 to $1333. It will depend on the rarity of the attributes of the token. The physical sneakers will also feature a chip to link the digital and physical item, likely to integrate Move-to-Earn activities.
However, shipping is only for the USA.
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🚀 Is the #SHIB U-turn nearby? Token started burning again
The last few months have not been the best period for Shiba Inu. Much of the problem was related to the decline in flaring, which contributed to the recovery of #SHIB in the market.
Fortunately, the situation is finally changing. The volume of incineration in the network has increased dramatically.
The latest data shows that the number of SHIB burned has risen by 910% in the last 24 hours, one of the highest numbers in the past few weeks.
The main burn address took more than 5 million tokens out of circulation on the network, the largest contribution to the number of Shiba Inu burned in the last 24 hours.
Unfortunately, the huge percentage spike in flaring did not have a corresponding effect on the market. Shiba Inu is constantly moving below the local resistance level reflected on the 21-day moving average.
U.Today analysts attribute this to the outflow of investors and traders from the market, due to the protracted crypto winter.
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‼️ Binance suspends USDC withdrawals
But, USDT and BUSD withdrawals are still available
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⚡️ Another signal of the end of the bear market is the Percent Supply in Profit indicator
So far, the indicator has fallen below this line only 5 times.
In 2011 and 2022 it briefly touched the 48% area
During the collapse of COVID-19 in March 2020, it reached 50% (blue circles), and in 2015 and 2019 it fell to 42% (red areas)
Add to this the expectation of easing the Fed's policy and turning on the printing press and we get all the conditions for a trend change to bullish in the next 2023 🚀
What do you think? Write your opinion in our chat👇👇👇
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⚡️China and Saudi Arabia signed investment agreements for $50 billion - Bloomberg.
The agreements cover both the private and public sectors.
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#LastNews
🔹️China arrests 63 people for laundering $1.7 billion with cryptocurrencies
🔹️EU Plans to Launch Fully Regulated and Licensed Stablecoin EUROe Pegged to EUR Sooner
🔹️SBF plans to start a new business to make money to pay off the victims of the FTX collapse and will soon appear before the US Congress - December 13
🔹️The EU aims to limit the purchase of crypto for cash and control all transactions of more than €1000, which must be verified by virtual asset service providers (crypto-asset service providers, CASP) - There is also a limit of €10,000 for a single cash payment
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