#Bitcoin has broken through a very strong level of $62,000. Now the price should go to the area of the historical maximum. In a negative scenario, the price would have dropped by $49,000, but this did not happen....
Читать полностью…💵The total capitalization of stablecoins is updating the highs.
👌Historically, such large-scale printing of stablecoins has rather given a bullish signal to the market.
💵 Which CEX are visited most often?
The most popular crypto exchange was Binance, which was visited by more than 64.6 million people in a month. Next - Coinbase and ByBit.
💻 Analyst from CryptoQuant:
🟠 .At the level of $62K-$65K, there is resistance from the entire group of short-term holders (STH), who are currently at a loss. Below, at $50K, the 365-day simple moving average (SMA-365D) acts as support [1].
🟠 .It took the market four days to form a bullish convergence on the MACD indicator [2].
🟠 .To contain the panic, about $150 billion entered the market, which participants use to buy on the dip, last seen on August 3 at $50K. This has been happening for the last four years, and it is unlikely that anything will change [3].
💸 .HODL15 Capital analysts have published a list of public companies that accumulate Bitcoin for the purpose of walking.
Читать полностью…📣 .The Dubai court recognized cryptocurrency as a legitimate form of salary payment.
ℹ️ .Irina Khiver, a lawyer from the UAE, said that the court's decision indicates the growing acceptance of cryptocurrencies in employment contracts and recognition of the changing nature of Web3 financial transactions.
🤑🤑 TON was reminded that they plan to create a wrapped BTC.
This is not news, as it was already written about in July. The attention of various media was again attracted by the message about the TON repost and the plans of other companies to create their own wrapped bitcoins. The change in the storage conditions of wBTC was one of the reasons that caused many concerns and prompted various teams to take advantage of the situation for announcements.
⏲ .The launch is scheduled for the end of the year.
😝 Ripple conducted a test transfer of 10 quadrillion dollars in the RUSD stablecoin.
Читать полностью…Arthur Hayes has again published a forecast for the #crypto market for this year.
The main idea: global growth will resume in September, the real alt season will occur when the sun surpasses the $70,000 mark.
P.S.: he is clearly subscribed to my channel and copies thoughts😁
However, I still tend to think that it will be in October, not September.
❗the number of aircraft on centralized exchanges has decreased to the levels of 2018 (CryptoQuant)
Given the development of DEX's and various wallets, this cannot be called an unambiguous hold signal. But in any case, this creates additional prospects for the long-awaited bull run📈
🔒🗝 . Friends, we suggest you familiarize yourself with the token releases of the upcoming week.
Читать полностью…😬 Another market manipulation?
Over the past 30 days, 404,448 #BTC have been transferred to the addresses of regular hodlers
In fact, cholera got a better price to enter and further reduced the circulating volume.
📰 NEWS
😳 .Is it because of Jump Trading? Better look at the macro: Stock index futures in the United States and Europe fell sharply, as well as the stock markets of Japan, Korea and Taiwan collapsed.
🤨 Goldman Sachs has increased the probability of a recession in the U.S. economy in the next 12 months by 10 percentage points to 25%.
😨 .The biggest two-day drop in the Nikkei index in history, surpassing Black Monday. In Japan, TOPIX futures and government bonds have activated the "automatic brakes".
😔 The Australian stock market recorded the largest one-day drop since June 2022.
😨 .The South Korean KOSPI index fell by 8%, which triggered a protective mechanism and suspended trading.
🔽 Euro Stoxx 50 - fell by more than 1%.
↘️ .MSCI Asia Pacific Index - fell by 5%.
🏃KOSDAQ - fell by 8%.
🔽 .Taiwan shares closed down 8.35%, which was the worst one-day performance in history.
🤬 Media: The United States claims that Iran may attack Israel within the next 24 hours.
📉 .The yield on 2-year US Treasury bonds has fallen by 50 basis points in a few days, the market is strongly betting that the Fed will start a rescue regime.
🔽 .Nasdaq futures fell 3% and the Taiwanese stock market fell 1,700 points.
👨🦱 .Galaxy CEO: Japan's interest rate hike has provoked global risk aversion.
🤷♂️ . Arthur Hayes wrote on social media that he learned from traditional financial news channels about the collapse of a "major player" who sold all his crypto assets.
😬 .The probability of the Fed lowering interest rates by 50 basis points in September is 69.5%.
‼️ . According to CMC, during this sharp morning drop in the USDB, the stablecoin officially released by Blast once dropped more than 5% to $0.9421. Currently, the USDB has recovered to about $0.9945. The USDB is mostly tied to DAI.
💵 .Neiro transferred 17.1 billion Neiros (4% of the total) to Vitalik's address in order to promote him as the largest holder. Vitalik then sold 17.1 billion Neiros for 44.4 ETH, which led to a 60% drop in the price of Neiro.
❕ .Ethena Labs reports negative annual revenue against the background of market trends.
😉 .Robert Kiisosaki: "BITCOIN and all markets are collapsing. Hooray. I'm getting ready to buy more gold, silver, bitcoin...".
It turns out that you can still earn money on Hamster, despite the listing that has already taken place. On the contrary, it allows you to earn income faster. Come in if you're not stomping yet! 😁
Читать полностью…😎The wrapped #BTC market has attracted close attention. Currently, #WBTC contributes a huge share to the #Ethereum #DeFi ecosystem. There are other options on the market. For example, #Coinbase and #Mantle announced the launch of #cbbc and #BBC. #BTCB, launched by #Binance, and #mBTC, launched by #Merlin, also have market sizes of $3.9 billion and $1.3 billion.
Читать полностью…🙄Meanwhile, 94% of the total bitcoin supply or 19,741,655 coins were issued.
😎There are still 1,258,128 watts left.
🔥Almost all the opinion leaders of the crypto market believe that the end of the year will be very profitable for bitcoin. An approximate scenario is shown on the graph.
Historically, this has always been the case in the year of halving, there are plenty of arguments in favor of this version.
😎But we must keep in mind the fact that everyone will definitely not be given money, and they can repeat some kind of coronadamp. In any case, I had to be careful.
😎 .The current behavior of the VTS fits perfectly into the logic of previous halving cycles.
According to statistics, earlier growth began at the end of September, which means that it won't be long to wait!
📣 Monero veterans are preparing the Tari token, promising newcomers easier mining than Bitcoin:
In an effort to simplify the complex world of cryptocurrencies for a new generation, a group of former Monero developers, including core member Riccardo Spagni (also known as " fluffypony "), are launching a test network of their Tari Universe desktop application for Tari token mining.
👨🦱 According to Tari project participant Navin Jain, Tari was inspired by the early days of bitcoin, when anyone could mine cryptocurrency on their computer without the need for special equipment — before expensive and energy-consuming mining rigs became the norm.
25% of the total amount of available #bitcoin was purchased at a price of 58-73 thousand dollars.
This represents a quarter of bitcoin's total market capitalization, about $300 billion.
🤠 Every second person says :- I perfectly predict every market movement with absolute guarantee.
Market 👆
🟢 Market situation:
-Bitcoin in the region of 58, 370$;
-Ethereum is about $2,650;
-Fear and greed index: 29;
-Bitcoin dominance: 56, 68%;
-Altseason index: 22;
-Capitalization: $2.03 trillion.
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🤑#BTC #miners #cot #crypto
reserves of BTC miners on exchanges are at a historically record low — CryptoQuant data
———————--
the largest public miner Marathon Digital has recently started buying BTC
#tothemoon is inevitable)
🎉 .According to the Dune dashboard, over the past 90 days, only the memcoin sector has continued to grow:
🔘Memcoins +2.89%
🔘L1 —15.21%
🔘L2/L3 — 42.34%
🔘RWA — 42.36%
🔘Gaming — 60.69%
🔘DeAi — 63.60%
**methodology on the screen 👆
🐶 .Shizarium is getting ready for hardcore with a new version of Bor.
🧡The update will add a burning mechanism: 70% of the base fees will be converted into $SHIB tokens and removed from circulation, which may increase their price. The rest of the fees will be used to develop the ecosystem.
💡 And also announced the launch of #Shiba Eternity #Web3.
💰 .The trial with Ripple has been completed
Ripple (XRP) was fined $125 million for institutional token sales.
The #XRP token itself is not recognized as a security, which means that all claims from the #SEC have been settled.
The four-year-long story has come to an end.
⚡️ .The American stock market lost almost 2 trillion dollars just 15 minutes after the opening of trading
There is a major collapse in all global stock markets, what happened:
• It all started with Japan: the Nikkei 225 stock index (a key indicator that includes shares of 225 of Japan's largest companies) collapsed by 12.4%, setting a record since 1987 — all due to the deterioration of economic data in the United States, which made investors fear a recession in the country's economy
• The Istanbul Stock Exchange announced the termination of trading after the decline of the main Borsa Istanbul 100 index (BIST 100) by 6.72%
• South Korea's Kospi index is down 8.1%, China's Shanghai Composite index is down 0.9%, Hong Kong's Hang Seng is losing 1.8%, and Australia's S&P/ASX 200 is down 3.5%
• The Bitcoin exchange rate drops below $50,000, losing almost 20% of its value in 2 days
• The Ether rate sank even more — a decrease of more than 20% per day
• The American stock market loses 1,900,000,000,000 dollars after the opening of trading
The trading volume of spot #BTC-#ETF #BlackRock #IBIT in the first hour amounted to $1.45 billion.
Bitcoin is in the moment. The first cryptocurrency briefly broke through the $49 thousand level.
Читать полностью…