ICYMI: Paypal partners with MetaMask to integrate its buy, sell and hold crypto services with the non-custodial wallet.
"This integration with PayPal will allow our U.S. users to not just buy crypto seamlessly through MetaMask, but also to easily explore the Web3 ecosystem,"
@Banaa_898
"This integration with PayPal will allow our U.S. users to not just buy crypto seamlessly through MetaMask, but also to easily explore the Web3 ecosystem,"
@Banaa_898
π17
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π11β€6
Can the miners survive?
"The loss of miners began since June 12, 2022, when bitcoin reached $26,700, and the cost of mining one bitcoin at that time reached $29,450."β€οΈ
"The loss of miners began since June 12, 2022, when bitcoin reached $26,700, and the cost of mining one bitcoin at that time reached $29,450."
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π9β€5
#BTC didn't give any strong pullback but yeah, price drove down as expected. Price reached the support on 4H TF. This can go deeper around $16,900 and that will be the decisional point next impulsive move.
π10β€2
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Quantity: 4500
Time: 30s
Judgment direction:Short
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π9π8π₯°5β€4π4
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β€16π4
βπ₯ #BTC Liquidated Long - $69.1K at $16754.88
βFunding Rate: -0.0002%
βFunding Rate: -0.0002%
#BTC drop as said, price goes below $16,900. Price is now on retracement mode, it might be deeper or small. Look for 4H TF, for the weakness apperance. Don't enter any fresh trade for long position.
π10
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Quantity: 6000
Time: 3m
Judgment direction:Short
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π₯°12
#BTC is more likely consolidating in range due to very low volume. Weekend in on, which might be reason for that. Next strong support on 4H TF, is around $16,150 and lower. Still, no sign for alts movement to the upside.
π12
The crypto markets calm down on Sunday, with volume drying up and Bitcoin unable to push for $17k. BNB leads altcoin gains.
Over the past day, the total cryptocurrency market capitalization managed to recover a few billion, but the overall market saw no considerable volatility, and volume is drying up.
Some altcoins managed to pull ahead, but the broader sentiment remains fearful.
Bitcoin Struggles Below $17K
Bitcoinβs price was unable to hold above the $17K level yesterday and dropped to a low of $16,527 on Binance. The cryptocurrency has failed to recover and is currently trading at around $16,670.
BTCβs price is down about 2.4% on the week and is only up 0.2% in the past 24 hours, unable to stage a clear recovery.
Bitcoinβs dominance β used to primarily gauge its share relative to that of the rest of the market β sits still at 38.2% (according to CoinGecko).
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π12
How much Bitcoin do you need to guaranteed be in the top 1%?
21M coins / (8B people * 0.01)
= 0.26 BTC
In reality youβll need way less because of lost coins and whales.
@Banaa_898
21M coins / (8B people * 0.01)
= 0.26 BTC
In reality youβll need way less because of lost coins and whales.
@Banaa_898
π10
Due to Coinbis urgently repairing transaction vulnerabilities, the website cannot be opened during Coinbis maintenance. This maintenance time is from 00:00 on December 20, 2022 to 12:00 on December 21, 2022 Singapore time. We are very sorry for the inconvenience. , in order to compensate Coinbis users, each user will be compensated with 20USDT transaction fee after the maintenance
Coinbis team
December 20, 2022
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Bitcoin Trades Below $17K Following Disappointing Weekly Close (Market Watch)
Bitcoin was unable to reclaim $17K, but the Open Networkβs TON continues ripping, up another 6% in the past 24 hours.
The cryptocurrency market remained largely flat throughout the past 24 hours. Bitcoinβs price is still unable to reclaim $17K, while the majority of altcoins also didnβt chart any notable gains.
Bitcoinβs Price Flat Below $17K
Bitcoinβs consolidation below $17K continues. At the time of this writing, the cryptochttps://cdn.shortpixel.ai/spai/w_766+q_lossless+ret_img+to_webp/https://cryptopotato.com/wp-content/uploads/2022/12/btc_price_chart_191201.jpgurrency trades at around $16,750 and has failed to produce anything of significance in the past 24 hours. The weekly candle closed below $17K, which was disappointing and shows the lack of buyers.
Source: Binance via TradingView
Itβs worth noting that prolonged periods of low volatility are typically a precursor to big moves, so itβs important to stay vigilant as the crypto markets rarely stay calm for long.
At the same time, itβs also evident that market participants are reluctant to accumulate aggressively, perhaps in anticipation of lower prices because of the FTX contagion. Just today, Dutch exchange Bitvavo said DCG has experienced liquidity issues.
Altcoin Volatility Disappears
Bitcoinβs dominance remained flat. Itβs the metric analysts use to gauge its share relative to that of the rest of the market. This means that altcoins were unable to take advantage of the indecisiveness in Bitcoinβs price.
Bitcoin was unable to reclaim $17K, but the Open Networkβs TON continues ripping, up another 6% in the past 24 hours.
The cryptocurrency market remained largely flat throughout the past 24 hours. Bitcoinβs price is still unable to reclaim $17K, while the majority of altcoins also didnβt chart any notable gains.
Bitcoinβs Price Flat Below $17K
Bitcoinβs consolidation below $17K continues. At the time of this writing, the cryptochttps://cdn.shortpixel.ai/spai/w_766+q_lossless+ret_img+to_webp/https://cryptopotato.com/wp-content/uploads/2022/12/btc_price_chart_191201.jpgurrency trades at around $16,750 and has failed to produce anything of significance in the past 24 hours. The weekly candle closed below $17K, which was disappointing and shows the lack of buyers.
Source: Binance via TradingView
Itβs worth noting that prolonged periods of low volatility are typically a precursor to big moves, so itβs important to stay vigilant as the crypto markets rarely stay calm for long.
At the same time, itβs also evident that market participants are reluctant to accumulate aggressively, perhaps in anticipation of lower prices because of the FTX contagion. Just today, Dutch exchange Bitvavo said DCG has experienced liquidity issues.
Altcoin Volatility Disappears
Bitcoinβs dominance remained flat. Itβs the metric analysts use to gauge its share relative to that of the rest of the market. This means that altcoins were unable to take advantage of the indecisiveness in Bitcoinβs price.
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