To me Cardano seems more like a cult chain that just copy innovations from other chains.
Hedera not sure, it once was on hype but I don't hear anything notable building on it
🚨 BREAKING: Pavel Durov, the founder of Telegram, arrested in France and facing 20 years in jail for refusing to censor his platform.
$TON crashed 15%
Unlikely. Not impossible.
Then I will just be content with whatever positions I have.
#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
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.
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.
Crypto 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.
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.
#DailyCryptoNews
💼 Top crypto news for Wednesday, August 21
📌 Tether plans to launch dirham stablecoin with UAE partners.
📌 El Salvador launches Bitcoin certifications for civil servants.
📌 CZ and Binance face new lawsuit for alleged laundering of stolen crypto.
📌 Terraform Labs bankruptcy reorganization hearing set for September.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
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.
#DailyCryptoNews
💼 Top crypto news for Tuesday, August 20
📌 Dubai court recognizes crypto as valid salary payment.
📌 Tether mints another $1B USDT on Tron network.
📌 Nigerian SEC to issue crypto platform licenses as market size grows.
📌 China supreme court revises Anti-Money Laundering law to include ‘virtual assets’.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
🚨 BREAKING: Pavel Durov, the founder of Telegram, arrested in France and facing 20 years in jail for refusing to censor his platform.
$TON crashed 15%
August usually is a good month and marks a local top. We didn’t get anything spectacular and that’s why a bit disappointed.
September is a risk-off month for almost every year.
I will buy around these prices in the next 4 weeks. I still hold the alts from June. Most of them still under water but they don’t bother me a lot for now.
Overall not the best place to short but only to look for entries into longs.
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.
#DailyCryptoNews
💼 Top crypto news for Thursday, August 22
📌 Grayscale launches investment fund for AVAX token.
📌 Franklin Templeton expands blockchain fund to Avalanche network.
📌 McDonald’s Instagram hackers make $700K shilling Grimace memecoin.
📌 Anchorage adds PayPal stablecoin yield to custody platform.
📌 FTX says creditors supported reorganization plan with 95% vote.
Bullish or bearish news overall?
👍 - Bullish
👎 - Bearish
🤔 - Neutral
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).
Читать полностью…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!
@cryptomaniac0007 Do you have a WhatsApp group for crypyo update, I'd love to learn from you.
Читать полностью…🔺 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.
Use Maestro bot, you can rug the ruggers 🤣 haven’t used yet but maestro is legitimate
Читать полностью…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.”