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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)

The problem with that is : most of the new narratives don’t have an option to short 🤣 , it is a good idea in principle the ones you can short, you ll probably best long 🤣if I come across some i ll post in here let me have a look

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Inner Circle (Crypto & Web3)

idk about you guys I want to short some weak memecoin to 0 😁

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Inner Circle (Crypto & Web3)

Bitcoin not immune to the broad asset class sell-off, seeing $528m outflows

▪️Digital asset investment products saw outflows for the first time in 4 weeks totaling $528m in what we believe is a reaction to fears of a recession in the US, geopolitical concerns and consequent broader market liquidations across most asset classes.

▪️Bitcoin saw outflows totaling $400m, the first following 5 weeks of inflows.

▪️Ethereum saw outflows totaling $146m, bringing the net outflows since the ETF launch in the US to $430m.

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Inner Circle (Crypto & Web3)

The volume of Bitcoin moved by whales from exchanges has reached a 9-year high, with 84,000 BTC added by these large holders in July alone, despite ongoing market volatility based on the data from Glassnode.

This represents the fastest pace of Bitcoin movement from exchanges since 2015, drawing parallels to a period when BTC price bottomed around $220.

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Inner Circle (Crypto & Web3)

A detailed Elliott Wave forecast on BTC and SOL by Stavros Tousios is already on YouTube!

https://www.youtube.com/watch?v=hFV4LknH6uM

Don't forget to visit his Youtube channel and join his Discord channel to get important signals and warnings.

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Inner Circle (Crypto & Web3)

For 10m marketcap it looks like a 💎

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Inner Circle (Crypto & Web3)

Didn’t know it, looks really good, if I was to buy a game , a platform of this type would be what I am looking for , good following on social, and good website

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Inner Circle (Crypto & Web3)

also gaining followers like crazy recently

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Inner Circle (Crypto & Web3)

Hey @CobiBean , I just seen that You have created a liquidity providing protocol on Hercules for Metis-AFRO with 207.05 apy right now, can you explain us how it works?

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Inner Circle (Crypto & Web3)

How Much Bitcoin Do Governments Hold?

Coingecko's latest study found that governments around the world hold 2.6% of Bitcoin's circulating supply, or 471,380.6 BTC, worth $32.7 billion.

▪️Unsurprisingly, the United States government is the largest Bitcoin holder, with over 213,297 BTC.

▪️Governments with large crypto holdings can significantly impact market prices through their actions. A recent example is the German government's liquidation of all of its bitcoin holdings (46,359 BTC) between June 19 and July 12, 2024. This sparked a selloff, which caused Bitcoin to drop 15.7%, from $64,547.32 to as low as $54,418.46.

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Inner Circle (Crypto & Web3)

Sorry corrected, i had switched dex and cex 🤣

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Inner Circle (Crypto & Web3)

Check out CATDOG/SOL on DEX Screener! https://dexscreener.com/solana/mh2TEd7H29EZ4YTXPvgzysBWHFqtPQbT2MVy6kDUwSh

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Inner Circle (Crypto & Web3)

Check out CHWY/SOL on DEX Screener! https://dexscreener.com/solana/4wJDpWtaeuK76Aa8FY3gaJjCt1MxgL61eB84uWBonTxA

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Inner Circle (Crypto & Web3)

Nice. I was actually surprised that projects like NEURAL manage to get to 50m market cap even without CEX listing in a bear market

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Inner Circle (Crypto & Web3)

Took a look at the AI list that @vella4444 recommended.

Found interesting ones that seem like they have some good utility: LNQ, PAAL, TRAC

Also recently noticed NEURAL (mid journey for 3d assets) recommendation from James Bull

What do you think about these ones?

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Inner Circle (Crypto & Web3)

@cryptomaniac0007 can you suggest some maybe. the one with the weakest narrative

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Inner Circle (Crypto & Web3)

​​#DailyCryptoNews

💼 Top crypto news for Monday, August 5

📌
Australian federal police to probe 2,000 exploited crypto wallets.

📌
Xapo Bank debuts interest-bearing Bitcoin, fiat accounts in the UK.

📌
Bill proposes to give Secret Service more power to pursue crypto crime.

📌
Prosecutor demands jail for Crypto. com user who received $6.8M by mistake.

Bullish or bearish news overall?


👍 - Bullish
👎 - Bearish
🤔 - Neutral

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Inner Circle (Crypto & Web3)

📉 Crypto market historically faces seasonal downtrend in August

August has historically seen consistent downtrends in the cryptocurrency market, according to Coinbase analysts.

▫️For example, bitcoin spot volumes dropped 19% in August 2023 compared to June of the same year. Bitcoin futures volumes were also down 30% over the same period across global centralized exchanges.

In addition to seasonality, the market is under pressure from several bearish factors:

▪️US Federal Reserve policy
▪️Escalation of the conflict in the Middle East
▪️A significant decline in the technology sector of the stock market, as well as in the Japanese market

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Inner Circle (Crypto & Web3)

Doing a raffle once we hit 100 members in the telegram too!

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Inner Circle (Crypto & Web3)

is the token live? i stake some eth on elixir platform for airdrop

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Inner Circle (Crypto & Web3)

Yep and serious gaming brand behind it

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Inner Circle (Crypto & Web3)

We should have sold 🤣

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Inner Circle (Crypto & Web3)

hey guys what do you think of ELIX (Elixir) it seems very undervalued for what it has in ecosystem

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Inner Circle (Crypto & Web3)

​​#DailyCryptoNews

💼 Top crypto news for Friday, August 2

📌
Hong Kong broker offers new customers deposit bonuses in Bitcoin.

📌
Bybit exchange halts operations in France.

📌
FBI issues warning about scammers impersonating crypto exchanges.

📌
Worldcoin spreads across Europe with Austria digital ID launch.

Bullish or bearish news overall?


👍 - Bullish
👎 - Bearish
🤔 - Neutral

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Inner Circle (Crypto & Web3)

I see, memes are dominating no doubts but for my trading style they're very dangerous 😁

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Inner Circle (Crypto & Web3)

These are all memes but just to show you, I am into meme lately 🤣

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Inner Circle (Crypto & Web3)

Check out NEIRO/WETH on DEX Screener! https://dexscreener.com/ethereum/0x9073D1E814483e3c91E9B4D7b2A81C30B93229B1

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Inner Circle (Crypto & Web3)

I think there is a general trend, they are moving away from CEX as listing costs between 100k and 1 mil and moving to DEX only will share you a couple of projects that launche on cex only and only when reached high mc landed on dex , some use dex as a dumping ground and dump the shit out of ppl

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Inner Circle (Crypto & Web3)

Agree all are on my watch list, I bought a while agoLNQ and still hold it, all are good imo

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Inner Circle (Crypto & Web3)

Right now they running a competition when first 5 purchase will be drawn for airdrop of token

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