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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)

​​#DailyCryptoNews

💼 Top crypto news for Friday, August 23

📌
Tether shuns blockchain launch, cites market concerns.

📌
El Salvador’s Bitcoin holdings grow by 162 BTC with daily buys.

📌
FBI will use NFTs to contact victims of crypto fraud scheme Clucoin.

📌
Changpeng Zhao moved to custody of field office ahead of Sept release.

Bullish or bearish news overall?


👍 - Bullish
👎 - Bearish
🤔 - Neutral

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Inner Circle (Crypto & Web3)

56% of crypto token listings since 2021 show signs of insider trading

Solidus’ crypto market integrity platform HALO has detected evidence of insider trading via DEXs in connection with 56% of all ERC-20 token listing announcements on a number of major crypto exchanges since January 2021. Altogether, HALO has flagged more than 100 suspected insiders that have engaged in over 400 insider trading events.

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Inner Circle (Crypto & Web3)

Crypto firms contributed 48% of all corporate political donations in 2024

Consumer advocacy organization Public Citizen has released a report detailing how money from cryptocurrency firms may influence the 2024 elections in the United States.

C
rypto firms in 2024 had used roughly $119M to influence federal elections, mainly through contributions to super political action committees like Fairshake. According to the advocacy group, roughly 48% of the $248M of corporate funds used toward US elections in 2024 came from crypto backers — primarily Coinbase and Ripple.

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Inner Circle (Crypto & Web3)

Investors Flee Ethereum ETF: Longest Series of Outflows Since Launch

It looks like Ethereum ETFs are going through tough times. While Bitcoin ETFs continue to attract investment, their Ethereum-based "little brothers" are facing five consecutive days of fund outflows. This marks their longest losing streak since their launch on July 23.

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Inner Circle (Crypto & Web3)

No brother no what up will reply to the dm tomorrow when i can

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Inner Circle (Crypto & Web3)

​​#DailyCryptoNews

💼 Top crypto news for Wednesday, August 21

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Tether plans to launch dirham stablecoin with UAE partners.

📌
El Salvador launches Bitcoin certifications for civil servants.

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CZ and Binance face new lawsuit for alleged laundering of stolen crypto.

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Terraform Labs bankruptcy reorganization hearing set for September.

Bullish or bearish news overall?


👍 - Bullish
👎 - Bearish
🤔 - Neutral

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Inner Circle (Crypto & Web3)

60% of the largest U.S. hedge funds hold Bitcoin ETFs

Not a single one sold over the second quarter, and most are still stacking.

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Inner Circle (Crypto & Web3)

​​#DailyCryptoNews

💼 Top crypto news for Tuesday, August 20

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Dubai court recognizes crypto as valid salary payment.

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Tether mints another $1B USDT on Tron network.

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Nigerian SEC to issue crypto platform licenses as market size grows.

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China supreme court revises Anti-Money Laundering law to include ‘virtual assets’.

Bullish or bearish news overall?


👍 - Bullish
👎 - Bearish
🤔 - Neutral

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Inner Circle (Crypto & Web3)

S mate. You are right. Gradually Wave 3 will be the longest one.

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Inner Circle (Crypto & Web3)

Hi all anyone remember previous bull market 400 th to 500th coin ranking of any coin mcap appx value at its all time high?

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Inner Circle (Crypto & Web3)

No mate. I hope there is a confusion. 2029 ending 4 yr cycle top or elliot wave structure will depend on the basis of top of this cycle. So time is there for that.

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Inner Circle (Crypto & Web3)

Mate I hope there is a misunderstanding in waves. I have quoted that 5th internal wave of 3rd long term wave of this cycle is pending and after that 4th long term wave of this cycle of correction and finally 5th up impulsive wave will follow in this cycle. But I think you have understood as only one up wave upcoming or pending in this cycle. Also you are treating this entire 4 yr cycle as 3rd long term wave and next cycle as 5th long term wave. Am I correct or what is your real understanding of elliot wave structures mate?

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Inner Circle (Crypto & Web3)

Yes what a lot do to make money, they soft rug, they raise money lock liquidity launch, than unlock it take all liquidity and the token dumps like crazy, than it dies, however not all are dishonest, the biggest risk is in the first 24 hr of launch to 3 -4 days, tokens that pass that don’t usually rug

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Inner Circle (Crypto & Web3)

Usually if you do pre sale you would lock the initial on liquidity that can save you some cash, however a lot of meme are just launching as fair launch atm and don’t raise liquidity

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Inner Circle (Crypto & Web3)

@Sriharirama Hi bro,hope you are doing well.my qstn is in this cycle we will only see 3rd long term Elliott wave 's 5th internal wave for altseason .in upcoming years may be 2029 bull run altseason 5th wave will be continued orlese it would be finsihed this bull run itself

Same with btc do u think in 2029 btc will go new ath?

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Inner Circle (Crypto & Web3)

X, Telegram and YouTube are main sources of information for crypto investors

▫️84% of crypto users prefer X, Telegram, or YouTube as their main social media platforms.

▫️73.8% of crypto community members obtain news primarily from social media rather than news websites.

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Inner Circle (Crypto & Web3)

​​#DailyCryptoNews

💼 Top crypto news for Thursday, August 22

📌
Grayscale launches investment fund for AVAX token.

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Franklin Templeton expands blockchain fund to Avalanche network.

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McDonald’s Instagram hackers make $700K shilling Grimace memecoin.

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Anchorage adds PayPal stablecoin yield to custody platform.

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FTX says creditors supported reorganization plan with 95% vote.

Bullish or bearish news overall?


👍 - Bullish
👎 - Bearish
🤔 - Neutral

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Inner Circle (Crypto & Web3)

Makes sense. More generally, Ethereum ETFs lack a narrative that Wall Street can sell to Aunt Sally and Uncle Morton. A lot of traditional investors don't know what Ethereum is and you don’t have a bunch of big investment platforms telling them to put 1-3% of their portfolio into the Ethereum ETF. , Other than using the ETF as a hedge or trading position, crypto peeps prefer yield and utility of actual ETH (or LSDs).

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Inner Circle (Crypto & Web3)

Important Announcement

After careful consideration, we have decided to rename our community from "Quora Inner Circle" to simply "Inner Circle". This change is aimed at better reflecting the diverse and global nature of our community, and to attract more bright crypto minds from different places.

We made slight changes to the logo and overall feel of the community, we hope you'll like it.

We're moving closer and closer to the bull market. Let's meet it prepared, light, and energized!

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Inner Circle (Crypto & Web3)

@cryptomaniac0007 Do you have a WhatsApp group for crypyo update, I'd love to learn from you.

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Inner Circle (Crypto & Web3)

🔺 Since the cycle low established in Nov 2022, Bitcoin Dominance has continued to climb, now commanding 56% of the total crypto market capitalization.

🔺 Despite tumultuous and choppy price action, the conviction of Long-Term Holders remains steadfast and unfazed, with a clear preference to accumulate and HODL coins.

🔺 Short-Term Holders have carried the brunt of the losses during the recent downturn. However, the degree of locked-in losses suggests a possible overreaction towards the event.

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Inner Circle (Crypto & Web3)

Use Maestro bot, you can rug the ruggers 🤣 haven’t used yet but maestro is legitimate

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Inner Circle (Crypto & Web3)

Bitcoin whales now add just 1% to their BTC holdings per month

The 30-day percentage change in whale holdings has decreased from 6% in February—the fastest pace since February 2019—to just 1% currently,” the report reveals.

“Historically, a monthly growth rate of more than 3% in whale holdings has been associated with increasing Bitcoin prices, which is not the case at the moment.”

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Inner Circle (Crypto & Web3)

Ew 3 is the wave we can get good returns compared to EW1&EW5 is this works same everytime bro?

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Inner Circle (Crypto & Web3)

Guys, be extra careful when trading memes on Tron. It's a scammer heaven

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Inner Circle (Crypto & Web3)

Haa yes bro I understood like that only.like I taught u are talking about from the beginning of the bull market to now I just read all ur msg today I think I tagged wrong and yes alts also I misunderstood.

I think in abv msgs u spoken about btc bull market from the beginning EW u said now currently we are in extended wave 3 like that so I just want to know 2029 btc new ath possible as per EW or not will alts follow the same?

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Inner Circle (Crypto & Web3)

​​#DailyCryptoNews

💼 Top crypto news for Monday, August 19

📌
Tether expands USDT to Aptos blockchain for lower fees.

📌
Coinbase, KuCoin, others file crypto license applications in Turkey.

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UAE’s RAKBANK teams up with Bitpanda on digital asset platform for residents.

📌
US mulls applying fiat reporting mandate on crypto transfers.

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Colorado Church group tokenizes $2.5M chapel.

Bullish or bearish news overall?


👍 - Bullish
👎 - Bearish
🤔 - Neutral

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Inner Circle (Crypto & Web3)

I see makes sense. from my newbie perspective big budget is needed especially for liquididty too many small guys who just take small liquididty fast

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Inner Circle (Crypto & Web3)

This is not 💯 accurate, from what i heard a few thousands dollars for the meme 2000 and liquidity maybe an other 2000, if you have a moderator and an influencer a few more thousands to start small , i am under the impression that 5-6k dollars can be a starting point, that is a very small budget coin, the thing is that most meme will fail, without a big or medium budget most likely your gonna fail, also to consider security, multi signature wallets, etc

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Inner Circle (Crypto & Web3)

how much do you think the innitial budget should be?

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