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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)

PIYA AI, a public AI company backed by microsoft are buying more KLAUS and posting about it!

This is the first time a company of this size has publicly declared their investment in meme coins without being associated with the team!

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Inner Circle (Crypto & Web3)

🐋 Bitcoin whale population reaches highest tides since January 2021

According to data from Glassnode, the number of Bitcoin whales has surged to 1,678, the highest level since January 2021.

Over the past month, whales accumulated a staggering 173,000 Bitcoins ($11.7 billion).

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Inner Circle (Crypto & Web3)

📈 Bitcoin dominance has surged over 57%, marking its highest point since March 2021. This rise illustrates a growing market share concentration, while Ethereum’s dominance has dropped to 13.5%, the lowest level since that same period.

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Inner Circle (Crypto & Web3)

🧐 Michael Saylor says he'll give away his Bitcoin

“I’m a single guy, I have no children — when I’m gone, I’m gone. Just like Satoshi left a million Bitcoin to the universe, so I’m leaving whatever I’ve got to the civilization,” he said.

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Inner Circle (Crypto & Web3)

Retail on-chain activity returns after 4 months 🔥

The volume of on-chain transactions of up to $10,000 is one way to track the activity of small investors, reflecting market sentiment among non-institutional participants.

In the last 30 days, retail demand grew by about 13%, highlighting a scenario that was only seen in March, when we were close to the last historical high.

Note that in the last 4 months we have seen a decrease in the activity of these small investors, while whales maintained a high amount of transactions and absorption of coins. This recent rise in bitcoin is causing small investors to return to trading, signaling the beginning of a pattern of lower risk aversion.

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Inner Circle (Crypto & Web3)

The Bursting of the Bitcoin Bubble

On October 21, 2011—exactly 13 years ago—The Economist magazine dropped an article titled “The Bursting of the Bitcoin Bubble,” with the catchy subtitle, “The world’s favourite digital currency, Bitcoin is in trouble.”

This piece focused on Bitcoin's dramatic plunge from $33 to just $2.51. Since this publication, BTC has grown more than 27,000 times.

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Inner Circle (Crypto & Web3)

📊 Almost half of a recent Schwab’s survey respondents said they plan to invest in crypto ETFs, more than bonds, international equity and alternatives.

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Inner Circle (Crypto & Web3)

Here the discussion i had today with the owner and his response

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Inner Circle (Crypto & Web3)

I have a new comer in Metis ecosystem a staking and restaking protocol that is going up for voting, so if you have any metis in your wallet pls vote here is what it is and what it does: also if offers perks for the first few og joining link below

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Inner Circle (Crypto & Web3)

​​#DailyCryptoNews

💼 Top crypto news for Friday, October 18

📌
DBS rolls out blockchain-based banking for institutions.

📌
SEC’s Ripple appeal doesn’t challenge XRP non-security status.

📌
UAE stablecoin issuer gets nod from central bank.

📌
Worldcoin rebrands as ‘World,’ unveils next generation Orb.

📌
Cyprus freezes crypto applications ahead of EU-wide MiCA transition.

Bullish or bearish news overall?


👍 - Bullish
👎 - Bearish
🤔 - Neutral

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Inner Circle (Crypto & Web3)

🧐 USDT and USDC now represent nearly 50% of the total transaction volume among major crypto assets, underscoring the crucial role stablecoins play in providing liquidity and stability to the market.

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Inner Circle (Crypto & Web3)

Bitcoin exchange reserves drop to multi-year low amid rising institutional demand

According to the data, more than 51,000 bitcoin have been withdrawn from major cryptocurrency exchanges over the past month. This trend is reducing the liquid supply of bitcoin and suggests that investors are withdrawing their coins as part of a long-term holding strategy.

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Inner Circle (Crypto & Web3)

Looks cool

Is this from brand NIKE or some community of NIKE

Are you aware of any of their socials
If possible please share

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Inner Circle (Crypto & Web3)

The latest Q4 'Guide to Crypto Markets' report reveals significant trends shaping the crypto landscape:

▫️Institutional Interest in Bitcoin ETFs
The report highlights a notable surge in institutional interest in BTC, particularly through spot ETFs. During Q3, US-based BTC ETFs experienced over $5b in net inflows. This trend underscores a robust demand for BTC exposure among institutional investors, facilitating broader market participation by simplifying access to BTC investments.

▫️Ethereum Staking Reaches New Heights
ETH staking has reached unprecedented levels, reflecting investors' growing confidence in Ethereum's long-term value: The increase in staking activities points to a trend where more ETH holders seek to generate yield from their investments, highlighting staking's role as a viable source of passive income.

▫️The Expanding Role of Stablecoins
Stablecoins continue to be a crucial component of the crypto market, with their market capitalization hitting a record $170b. Their widespread application in cross-border transactions and beyond underscores their utility and growing importance in the digital asset ecosystem.

▫️A Maturing Crypto Market
The report paints a picture of a maturing crypto market characterized by increased liquidity and sophistication. Institutional products like Bitcoin ETFs and heightened on-chain activity have contributed to this maturity, signaling that the market is evolving despite the absence of significant price movements.

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Inner Circle (Crypto & Web3)

Over 90% of Salvadorans don’t transact with Bitcoin

Just 7.5% of respondents to an Oct. 10 survey from the San Salvador University Francisco Gavidia said they used Bitcoin
to make transactions, while 0.5% chose not to respond to the question.

Still, the survey found only 1.3% said Bitcoin should be the “main bet” for the country’s future, with respondents overwhelmingly saying education and industry should be the primary focus.

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Inner Circle (Crypto & Web3)

Tesla didn't dump its Bitcoin holdings

Despite recently moving its Bitcoin holdings, Tesla has shown that none of the assets were sold as per its Q3 2024 earnings.

According to Arkham Intelligence, Tesla's wallets moved over 11,500 Bitcoin, amounting to around $760 million and marking its first move in two years.

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Inner Circle (Crypto & Web3)

#DailyCryptoNews

💼 Top crypto news for Wednesday, October 23

📌 Vietnam aims to lead blockchain innovation with 2030 strategy.

📌 UK crypto rules unclear for firms avoiding Europe’s MiCA regulation.

📌 Tesla holds firm on Bitcoin despite wallet shuffle.

📌 Peter Todd, Bitcoin developer named as Satoshi Nakamoto in HBO documentary, goes into hiding.

Bullish or bearish news overall?


👍 - Bullish
👎 - Bearish
🤔 - Neutral

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Inner Circle (Crypto & Web3)

#DailyCryptoNews

💼 Top crypto news for Tuesday, October 22

📌 SEC lists crypto as an examination priority in 2025.

📌 Blockchain can help fight AI fakes in crypto airdrops and elections.

📌 UAE Region Ras Al-Khaimah launches framework for Decentralized Autonomous Organizations in Free Zone.

📌 $30 million international crypto fraud from 2018 kicks off trial in France.

Bullish or bearish news overall?


👍 - Bullish
👎 - Bearish
🤔 - Neutral

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Inner Circle (Crypto & Web3)

OKX, Bybit, Bitget benefit from Binance market share slump

According to research from 0xScope, Binance and Crypto com are losing market share to smaller competitors, while DEXs are gaining traction.

Over the past year, Binance’s share of the total spot market trading volume dropped by 13%, going from 52.5% in October 2023 to just 39.5% by October 2024. Meanwhile, Crypto com saw its share fall from 15% to only 4%. Smaller players like Bybit, Bitget, and OKX have benefited from this shift.

We’re seeing a similar trend in the derivatives market, too.

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Inner Circle (Crypto & Web3)

#DailyCryptoNews

💼 Top crypto news for Monday, October 21

📌 Bitcoin hashrate hits all-time high, boosting network security.

📌 UK FCA defends tough crypto rules to prevent money laundering and maintain market integrity.

📌 BlackRock’s Bitcoin fund IBIT hits top 3 US ETFs by inflow for 2024.

📌 Blockchain takes center stage at 2024 Global Data Ecosystem Conference In Shanghai.

📌 Coinbase CEO Brian Armstrong backs Republican Senate candidates.

Bullish or bearish news overall?


👍 - Bullish
👎 - Bearish
🤔 - Neutral

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Inner Circle (Crypto & Web3)

📈 Crypto inflows surge to $2.2bn amid US election optimism

▪️Digital asset inflows hit $2.2bn, the largest since July, driven by optimism over a potential Republican US election win.

▪️US inflows reached $2.3bn, while other regions saw minor outflows, likely due to profit-taking.

▪️Bitcoin led with $2.13bn in inflows, while Ethereum and several altcoins saw smaller gains; multi-asset products broke their 17 consecutive week inflow streak seeing $5.3m in outflows.

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Inner Circle (Crypto & Web3)

yMETIS (yieldMETIS) is the first LST on Metis Andromeda that is multichain. With Methera, you wouldn’t have to compromise your staking positions even as an already existing staker Artemis or ENKI, Methera offers restaking for artMETIS and eMETIS - giving stakers the opportunity to maximize their earnings.

Upon launch, stakers that will be using our platform will be able to bridge and leverage yMETIS on arbitrum with the best and juicy automated strategies and even more as we will be launching on other networks progressively. Stakers on Methera will earn the usual native APY on Metis with a 10% platform fee charge applied. Staking incentives, meth points, and partner perks (extra points and extra incentives) will also be added for an APY boost. Juicy and compelling.

Redeeming yMETIS for your underlying original staked METIS tokens on Methera can take up to 20 days due to the nature of the unstaking process. When you send a request to redeem your liquid METIS, the protocol often requires a cooldown or unbonding period. This allows the protocol to verify and validate the unstaking request while ensuring the network’s stability and security.
This waiting period helps manage liquidity and mitigate risks with immediate large scale withdrawals. However the protocol allows for faster withdrawals for most stakers under most conditions. This is made possible by the Methera protocol buffer, the use of which is prioritised for withdrawal requests (provided there is enough METIS in the buffer to fulfil them).
Stakers funds are secured through several mechanisms:
Delegation to multiple node operators, smart contract audits etc. (more details on security and redemption/withdrawals will be available on our docs today).

We are working to deliver a protocol that is completely trustless, a protocol that is efficient and reliable without doubt. We will be running a KYC verification with Metis as well.
Also our website will be available by Tuesday/Wednesday.

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Inner Circle (Crypto & Web3)

Hi guys, how’s it going?
Methera will be going live for your votes tomorrow. When approved, we will have the biggest liquid and restaking protocol delivered to you guys. Automated yield strategies, liquid yield strategies, restaking for artMETIS and eMETIS - maximizing your positions across DeFi on multiple chains and networks through one token - yMETIS

You can check out our communities and documentation here - https://linktr.ee/methera

More info will be added today on Methera for full transparency and a good insight into our architectural and technical build/model.

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Inner Circle (Crypto & Web3)

Guys who listen to my call on Metis below 30?

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Inner Circle (Crypto & Web3)

NFT activity on Telegram surged 400% in Q3

Helika’s Web3 Gaming Report shows that the number of unique wallets transferring NFTs in Telegram surged from fewer than 200,000 in July to more than one million in September. 

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Inner Circle (Crypto & Web3)

​​#DailyCryptoNews

💼 Top crypto news for Thursday, October 17

📌
FBI arrests hacker behind SEC fake Bitcoin ETF approval.

📌
Nansen integrates Solana analytics, touts memecoin alpha.

📌
94% of Asian private wealth is investing or considering crypto.

📌
Ireland drafting urgent crypto laws before EU money-laundering rules.

Bullish or bearish news overall?


👍 - Bullish
👎 - Bearish
🤔 - Neutral

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Inner Circle (Crypto & Web3)

📈 Crypto activity and usage hit all-time highs

There have never been more monthly active crypto addresses. In September, 220M addresses interacted with a blockchain at least once, a figure that has more than tripled since the end of 2023.

There are 30-to-60M monthly active crypto users worldwide, a proportion that represents only 5–10% of the total number of the 617M global crypto owners estimated by Crypto. com in June 2024.

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Inner Circle (Crypto & Web3)

​​#DailyCryptoNews

💼 Top crypto news for Wednesday, October 16

📌
Italy considers raising capital gains tax on Bitcoin to 42% from 26%.

📌
Grayscale files to convert multi-crypto fund into ETF.

📌
Pennsylvania, Wisconsin drive surge in crypto interest among swing states.

📌
Tesla moves entire $765M Bitcoin stash to unknown wallets.

📌
Thailand's oldest bank announces stablecoin remittance services.

Bullish or bearish news overall?


👍 - Bullish
👎 - Bearish
🤔 - Neutral

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Inner Circle (Crypto & Web3)

Arthur Hayes has introduced a new article “Persistent Weak Layer”

1️⃣ He likens the geopolitical instability in the Middle East to a weak layer that could cause the world markets to crash if the conflict between Israel and Iran intensifies.

2️⃣ If the conflict escalates, it could result in damage to oil infrastructure and higher energy prices, which would drive up the cost of Bitcoin, often viewed as a “digital energy reserve.”

3️⃣ Hayes believes that the growth of the global money supply is driving the rise of cryptocurrency. He argues that BTC will keep growing at a steady pace, even if there’s a potential drop in hashrate due to Iranian miners shutting down.

4️⃣ If things escalate, Hayes is thinking about pulling back on memecoin investments and focusing more on long-term cryptocurrencies. He believes that investment decisions should be based on logic rather than ethics or politics. After all, a war could bring reprisals and even asset confiscations.

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Inner Circle (Crypto & Web3)

​​#DailyCryptoNews

💼 Top crypto news for Tuesday, October 15

📌 Bitcoin ETFs
records over $800 million inflows in 2 days.

📌
Vitalik Buterin outlines possible areas of improvement for the protocol.

📌 Bitcoin strength driven by correlation to rising Trump election odds, with MicroStrategy a leading indicator.

📌 Tether is exploring commodities trading and TradFi opportunities.

Bullish or bearish news overall?

👍 - Bullish
👎 - Bearish
🤔 - Neutral

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