Inner Circle (Crypto & Web3)

12 августа 2024 19:49

​​#DailyCryptoNews

💼 Top crypto news for Monday, August 12

📌 Venezuela blocks Binance, X amid presidential election dispute.

📌 El Salvador’s Bitcoin City port transformation secures $1.6B investment.

📌 Ether ETF weekly flows turn positive for first time since launch.

📌 Dubai's Commodities Exchange and Bybit enter advisory partnership focused on Web 3.

Bullish or bearish news overall?

👍 - Bullish
👎 - Bearish
🤔 - Neutral

Inner Circle (Crypto & Web3)

12 августа 2024 15:08

📶 Crypto startup funding grows to $2.7B in Q2

Crypto startups raised slightly more from venture capital funding in Q2 compared to the first quarter of the year — despite the total number of deals falling, according to data from Pitchbook. 

“With positive investor sentiment returning to crypto and barring any major market downturns, we expect the volume and pace of investments to continue increasing throughout the year,” wrote Pitchbook.

Inner Circle (Crypto & Web3)

10 августа 2024 23:22

Good day @KaluPrince it looks decent. Can't say too much about fundamentals, but socials look legit. Mcap and Fully diluted look a bit high to me. I wouldn't invest unless there are some notable projects built on this blockchain. But AI blockchain narrative might play out well

to resume: maybe 6\10

Inner Circle (Crypto & Web3)

10 августа 2024 11:19

yes sir you r correct iam facing withdrawal problem in a same way which is bitbns indian exchange

Inner Circle (Crypto & Web3)

10 августа 2024 10:49

yes sir as i have app its working for me now itself

Inner Circle (Crypto & Web3)

10 августа 2024 10:29

What about binance sir

Inner Circle (Crypto & Web3)

10 августа 2024 10:17

Same, local bottom was in imo also called it around 51k also, now all depends from macro news, a large war in middle east could be bad

Inner Circle (Crypto & Web3)

10 августа 2024 10:01

https://x.com/sir_x_1/status/1822174907699957838

Inner Circle (Crypto & Web3)

10 августа 2024 06:23

Stopped using wazirx in 2022
Remember zebpay and koinex from 2017,
I don't trust any Indian exchange now.
Government already made difficult so they struggle to get volume. Most exchange of india will run away after 2026

Inner Circle (Crypto & Web3)

09 августа 2024 22:33

Instead of those two, I'd go for RON and maybe BEAM

Inner Circle (Crypto & Web3)

09 августа 2024 22:25

Thanks, your insight it’s always appreciated and valuable. Also do you think another “Gaming altcoin season” will go high this bull market? And have in my mind just 2 coins from so many of them, GALA and NAKA?

Inner Circle (Crypto & Web3)

09 августа 2024 22:17

It looks decent but I'm not sure it will work out in the long run

Inner Circle (Crypto & Web3)

09 августа 2024 17:05

​​#DailyCryptoNews

💼 Top crypto news for Friday, August 9

📌 Thailand launches regulatory sandbox to test crypto services.

📌 OKX cracks down on Tornado Cash users with account terminations.

📌 TON users gain free access to advanced analytics.

📌 Tether to double its workforce to 200 by mid-2025.

Bullish or bearish news overall?

👍 - Bullish
👎 - Bearish
🤔 - Neutral

Inner Circle (Crypto & Web3)

08 августа 2024 18:39

​​#DailyCryptoNews

💼 Top crypto news for Thursday, August 8

📌 US crypto firm BitGo wins payment license in Singapore.

📌 Judge finds Ripple Labs liable for $125M penalty in SEC case.

📌 Amazon faces UK merger probe over $4B Anthropic AI investment.

📌 Montenegrin court delays Do Kwon’s extradition to South Korea.

📌 NY judge approves $12.7B settlement between FTX, Alameda and CFTC.

Bullish or bearish news overall?

👍 - Bullish
👎 - Bearish
🤔 - Neutral

Inner Circle (Crypto & Web3)

07 августа 2024 20:14

​​#DailyCryptoNews

💼 Top crypto news for Wednesday, August 7

📌 Bitstamp helps Stripe scale crypto purchases in the EU.

📌 California county to regulate Bitcoin ATMs backed by state laws.

📌 Grayscale introduces Bittensor and Sui trust products.

📌 Hong Kong virtual bank Mox Bank launches crypto ETF trading.

Bullish or bearish news overall?

👍 - Bullish
👎 - Bearish
🤔 - Neutral

Inner Circle (Crypto & Web3)

12 августа 2024 17:36

In July, the spot trading volume on major exchanges decreased by 9%

► The top three exchanges in terms of percentage change were Crypto. com (+59%), Upbit (+26%), and Gate (+21%). The bottom three were Binance (-21%), Bitget (-18%), and OKX (-16%).

► The derivatives trading volume on major exchanges decreased by 4%.

► Website traffic to major exchanges decreased by 18%.

Inner Circle (Crypto & Web3)

11 августа 2024 14:24

Thanks for this wonderful reply, much appreciated sir

Inner Circle (Crypto & Web3)

10 августа 2024 21:52

Good day Mr @eugeneqic , it's been a while, hope you are good. Just wanted to know your view on $Qubic,the one with candle stick logo... I think @cryptomaniac0007 mentioned it to you couple of weeks ago... Where you able to look at it... Your response is well appreciated 🙏

Inner Circle (Crypto & Web3)

10 августа 2024 11:02

Yes people who had the app from earlier still continue to use. But it carries some risk.
We can never update the app.

What if binance don't allow withdrawal someday without installing app update!!

Inner Circle (Crypto & Web3)

10 августа 2024 10:32

Binance app has already been removed from app store and playstore in India.

Inner Circle (Crypto & Web3)

10 августа 2024 10:25

Bybit
Bitget
Both are working good in India

Additionally make sure to install metamask if Indian gov takes on the centralised exchanges

Inner Circle (Crypto & Web3)

10 августа 2024 10:17

Then which exchange is better sir. now iam with coindcx kindly suggest sir Thanks in advance

Inner Circle (Crypto & Web3)

10 августа 2024 06:24

I really think bottom is already in at 49k.
I have a long from 50500 area
Let's wait and watch

Inner Circle (Crypto & Web3)

09 августа 2024 22:33

Lowcap ELIX also looks good

Inner Circle (Crypto & Web3)

09 августа 2024 22:31

0 doubts about that.

GALA—ahh, I'm not sure I stopped following it after the drama. In general, I don't like drama coins. Maybe it will have a second life, but I'm okay missing it.

Idk about NAKA it seems it made some noise back in the days, but now I haven't seen them making something exciting

Inner Circle (Crypto & Web3)

09 августа 2024 22:22

The project offers nothing unique (from first sight) and following feels like a little bit botted.

On the other hand VC backing is good and market cap feels fair

idk hard to say but I'll definitely pass on this one

Inner Circle (Crypto & Web3)

09 августа 2024 21:54

Does anyone have an opinion about NIBIRU chain?

Inner Circle (Crypto & Web3)

09 августа 2024 16:47

🧐 Did the worst sell-off already happen? - Bybit Report

The report dives into the current state of crypto, macro events and trading signals from spot trading volume, futures, options and perpetual contracts.

Key Findings:

▪️ETH Futures Hold Strong: Despite a surge in trading volume, ETH futures open interest remained remarkably stable, suggesting a more cautious approach from futures traders.

▪️Perpetual Contracts Take the Hit: The sharp decline in open interest for both BTC and ETH perpetual contracts underscores the impact of leveraged long positions on the sell-off.

▪️ETH Underperforms: ETH's more pronounced price drop compared to BTC, even after the launch of ETH Spot ETFs, raises questions about the market's perception of the ETF's impact.

▪️Options Market Optimism: The disparity between realized and implied volatility indicates that options traders are not anticipating a prolonged period of heightened volatility.

Inner Circle (Crypto & Web3)

08 августа 2024 17:44

US private investors predict surge in crypto investments in 2024

A recent survey from law firm Barnes & Thornburg revealed that:

▪️84% of participants believe private investment in cryptocurrency will rise over the next 12 months;
▪️more than half (59%) said they are more likely to invest in crypto funds than a year ago.

Inner Circle (Crypto & Web3)

07 августа 2024 17:35

The Biggest Crypto Market Correction

In the last ten years, the worst global crypto market correction has been the -39.6% Covid-19 crash on March 13, 2020. The widespread sell off saw total crypto market capitalization plunge from $223.74B to $135.14B day over day. 

In comparison, the largest crypto market sell off to date this year was significantly less severe at only -8.4%, which took place on March 20, 2024.