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Welcome to the Inner Circle. We're one of the oldest crypto communities that started on Quora in 2019, now on Telegram. We process applications manually. Please take a look before apply (<1m read): https://qr.ae/prCDZJ Thanks! Admin - @eugeneqic

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Inner Circle (crypto & web3)

Peaq a L1 depin to be launched on coinlist.

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Inner Circle (crypto & web3)

As per my view BTC has not yet finished it's 3rd long term wave and only 3rd internal wave of 3rd long term wave has finished and hence 5th internal wave is pending under 3rd wave itself.

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Inner Circle (crypto & web3)

Btc recovered yet or fake pump?

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Inner Circle (crypto & web3)

Real gem guys don’t sleep on it

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Inner Circle (crypto & web3)

If BTC recover from here then we should see a mega altseason like Mar-Apr 2021. Mega altseason is once in a blue moon life time opportunity which come only once every 4 years.

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Inner Circle (crypto & web3)

I think it can do decent upside

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Inner Circle (crypto & web3)

You think op will break out ?

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Inner Circle (crypto & web3)

And what are we buying today-)-) quite a few alts are rising nicely.

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Inner Circle (crypto & web3)

Invest in animal pelts and spices from the far east.

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Inner Circle (crypto & web3)

BitPay's latest report reveals crypto spending up during 2024 bull run

▫️Crypto payments up 20% from January 2024: March 2024 marked a marquee moment for BTC prices as well as spending.
▫️As the price of BTC and other cryptocurrencies increase, so does crypto consumer spending.
▫️Spending surges across nearly all industries.
▫️BTC continues to reign supreme: Over 50% of sales volume was BTC, although USDT, LTC, USDC, and ETH are growing contributors to crypto payments sales.
▫️Spenders use crypto gains to clear debt.

“The latest spending trends showcase cryptocurrency’s evolution from investment asset to a means of powering everyday life,” says BitPay CMO Bill Zielke.

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Inner Circle (crypto & web3)

​​#DailyCryptoNews

💼 Top crypto news for Wednesday, May 1

📌
BlackRock's BUIDL becomes the world’s largest tokenized treasury fund.

📌
Nigeria restricts fintech onboarding to stop KYC-evading crypto investors.

📌
Chainlink to join Rapid Addition in building blockchain adapter for institutions.

📌
US lawmakers introduce bill to clarify taxation of staking rewards.

Bullish or bearish news overall?


👍 - Bullish
👎 - Bearish
🤔 - Neutral

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Inner Circle (crypto & web3)

Let’s see if this was really true in this week.

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Inner Circle (crypto & web3)

Only reason I am holding onto OP for now is because from purely PA wise we are still making short term bullish PA with HH and HL.

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Inner Circle (crypto & web3)

I will be bullish only if we reclaim 60K. That will mean the dump was only short term. But if we don’t see any sign of strength, I won’t DCA any position and just wait it out.

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Inner Circle (crypto & web3)

​​#DailyCryptoNews

💼 Top crypto news for Tuesday, April 30

📌
Hong Kong debuts Bitcoin and Ethereum ETFs.

📌
Coinbase rolls out Lightning Network support in collaboration with Lightspark.

📌
Sui blockchain and Google Cloud team up to drive Web3 innovation.

📌
Binance sued in Canada, CZ could serve 36 months in prison.

Bullish or bearish news overall?


👍 - Bullish
👎 - Bearish
🤔 - Neutral

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Inner Circle (crypto & web3)

The $PEAQ token launch will take place on CoinList.

peaqonauts, this is your moment to get a piece of peaq and the peaqosystem 🧑‍🚀

Next Steps: https://x.com/peaqnetwork/status/1786464206184644948

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Inner Circle (crypto & web3)

All market is pumping now

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Inner Circle (crypto & web3)

Yes. Bought few few days ago

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Inner Circle (crypto & web3)

More than 60% in a few days

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Inner Circle (crypto & web3)

​​#DailyCryptoNews

💼 Top crypto news for Tuesday, May 2

📌
Chainalysis will help Tether monitor secondary market for illicit activity.

📌
Crypto exchanges to meet Nigerian SEC chief for regulatory talks.

📌
Community split on ENS petition against Unstoppable Domains patent.

📌
Nigerian fintechs crack down on crypto, users face account blocks.

Bullish or bearish news overall?


👍 - Bullish
👎 - Bearish
🤔 - Neutral

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Inner Circle (crypto & web3)

Then hold some for later

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Inner Circle (crypto & web3)

👀 Arthur Hayes: Bitcoin Has Bottomed Out

Arthur Hayes believes Bitcoin has reached a low point and will rise gradually in the coming months.

Hayes also sees the recent 12% correction as a necessary correction for the market.

He attributes the decline to several factors, including the US tax season, concerns about Federal Reserve decisions, the "sell the news" effect of Bitcoin halving and a slowdown in the growth of assets managed by spot Bitcoin ETFs.

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Inner Circle (crypto & web3)

📂 Q1 State of Crypto: Binance Report

Key Takeaways:


Q1 2024 saw positive developments in the crypto industry, propelled by the successful launch of spot BTC ETFs, which collectively attracted over $12B in net inflows. Total Market Cap increased by 60% QoQ.

▪️ Layer 1s & 2s: Solana delivered an impressive performance in the quarter, driven by meme coin trading and robust ecosystem traction, experiencing steep growth in several on-chain metrics.

▪️DeFi: TVL in DeFi increased 70.6% QoQ to $92.0B, driven by liquid staking and liquid restaking. Both sectors attracted TVL from investors to participate in yield and airdrop farming.

▪️NFTs: The total NFT sales volume notched a QoQ gain of 27%, driven by a general increase in activities across Bitcoin, Ethereum and Solana.

▪️Gaming: The gaming landscape was spearheaded by BNB Chain, Ethereum, and Polygon, controlling approximately 70% of market share (by number of games).

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Inner Circle (crypto & web3)

​​#DailyCryptoNews

💼 Top crypto news for Tuesday, May 2

📌
MoonPay expands crypto options with PayPal integration.

📌
Nigerian court postpones money laundering trial of Binance and execs.

📌 Friend .tech v2 airdrop could introduce nontransferable token.

📌
MicroStrategy to launch Bitcoin-based decentralized ID solution.

Bullish or bearish news overall?


👍 - Bullish
👎 - Bearish
🤔 - Neutral

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Inner Circle (crypto & web3)

$175B in bitcoin held by ETFs, nations and companies

VanEck said in a new report that a total of roughly $175B in bitcoin is currently being held across the various ETFs, nations and public and private companies that have acquired the popular crypto.

That accounts for roughly 15% of the entire bitcoin supply, according to CoinGecko.

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Inner Circle (crypto & web3)

Tether nets record $4.5B profit in Q1 2024 — majority from Bitcoin and gold

The majority, or $3.52B, of the profit stemmed from the firm’s financial gains on Bitcoin and gold, while the additional $1 B came from operating profits.

Tether also revealed its net equity for the first time, which stands at $11.37B as of March 31. This represents a significant increase from the $7.01B worth of equity recorded at the end of December 2023, according to Tether’s attestation report for the first quarter of 2024.

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Inner Circle (crypto & web3)

If FOMC today is unfavorable (rate cuts not happening or delayed) then I might just sell off even the spot position and re-access everything.

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Inner Circle (crypto & web3)

OP is surprisingly strong and still above the buys.

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Inner Circle (crypto & web3)

Sentiment looks bleak and we most likely heading to 53K.

I am also open to that green box we had for a while around 48-46K.

Will see when the time comes.

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Inner Circle (crypto & web3)

📌 New record: Bitcoin processes 1.6M confirmed payments in a day

The launch of Bitcoin Runes played an important role in the spike in the total number of transactions over the Bitcoin network and represented 81.3% of all Bitcoin transactions on April 23.

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