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Crypto heater Peter Schiff expects bitcoin to fall soon 🀯

He believes that the recent growth of BTC to $31k is a harbinger of the future collapse of risky assets.

On March 10 this year, Peter Schiff also predicted the collapse of BTC and advised to buy gold. Since then, the first cryptocurrency added 51%, while gold (taking into account the correction) gained as much as 2.77%.

Schiff also discouraged everyone from buying BTC at $3,800 in the fall of 2018 and expected it to continue falling to $750.

It never happened, and here it is again... 😁
Binance Announces New Functions For Bitcoin, ETH, XRP, SHIB, DOGE Auto Invest

https://bit.ly/42Z4DxW
Since the spring of 2021, the number of whales with balances over 1,000 BTC decreased from 2169 to 1672. Total minus 497 whales, they have an epidemic or something 🐳

The bankrupt exchange FTX counted assets again and claimed $7 billion in liquid funds on their balance sheet. True, they also recalculated debts and came out $15 billion πŸ™ƒ

Tether has frozen a wallet with a balance of 1,275,850 USDT on the TRON network. As a reminder, USDT is fully centralized and any address can be disabled. The company has already blocked a total of $468 million ❄️

Online broker Robinhood will fire 7% of employees due to collapse in cryptocurrency trading 😳

πŸ”Ή Top 3 in 24 hours:
Blur - $0.4273 (↑20.95%)
Bitcoin Cash - $219.34 (↑13.51%)
Compound - $39.90 (↑10.44%)
Fake crypto accounts on Twitter πŸ‘†

Cryptocurrencies and cryptocurrencies have many fake accounts among their followers.

So the most faked coins were Shiba Inu (10.26%), Avalanche (8.14%) and Polygon (7.58%).

At the top of the famous personalities with fake accounts were the social network's founder Jack Dorsey (8.62%) and its current owner Ilon Musk (4.76%).

The study data shows what percentage of the total number of subscribers are fake accounts.

And if we measure by the number, the record holder is Elon Musk, who has 6.7 million fake accounts 😁
Binance To Retire Deposit Addresses On BTC, BCH, LTC, XRP, ADA, DOGE Networks
https://bit.ly/3NICl5a
You can now buy NFT on Twitter 🀯

NFT Inspect, which recently introduced a Chrome browser extension for NFT analysis, today integrated MoonPay payment solutions.

You can buy NFT through Inspect's authorization.

Crypto is getting closer...
Breaking: Standard Chartered Revises Bitcoin (BTC) Price Prediction To $50000, $120K In 2024

https://bit.ly/46FK6kO
Third consecutive week of inflows into crypto funds πŸ€‘

Despite buyer weakness and a prolonged stomping around $30k, institutional investors put $136.1 million into cryptocurrencies, with bitcoin accounting for $132.8 million of that.

It's obvious who Wall Street is betting on πŸ˜‡
Analysts note that centralized cryptocurrency exchanges now hold only 11.5 percent of all bitcoins in circulation. And this is the lowest balance indicator (in orange) for the last five years. Accordingly - BTC withdrawal to third-party wallets is on trend.

Here's the chart.
Yesterday's XRP move resulted in $303 million in liquidations. Shorts took out $216 million and the rest was taken for corrections from particularly greedy longs. Binance, OKX and Bybit shaved the most πŸ˜‹

XRP never reached $1, now the rate is consolidating near $0.8. Coinbase has already resumed XRP trading, and Gemini, Kraken and Crypto com are ready to do it soon. But it's not enough for a new pampa yet πŸ™ƒ

BTC is holding above $31k, Ethereum is trading very close to $2k. Let's hold our fists that this is finally an exit from the resistance zone, because in case of a fake breakout - all yesterday's growth may be nullified 😳

Multichain team submitted a hacking report and effectively shut down the project. Funds were withdrawn through the accesses of founder Zhao Jun and his sister, who were taken away to an unknown destination by Chinese police 🀬

πŸ”Ή Top 3 in 24 hours:
XRP - $0.7743 (↑64.51%)
Stellar - $0.1481 (↑52.65%)
Solana - $28.32 (↑28.24%)
Remember today's news about the sharp rise in the share of TUSD among all the stablecoins? It happened after the introduction of zero commissions in the BTC-TUSD trading pair on Binance.

But that's not all. According to Kaiko analysts, this crypto exchange accounts for 99 percent of all TUSD trades. The remaining percentage is distributed between KuCoin, HitBTC and
Singapore court recognizes cryptocurrency as property 🀯

The High Court of Singapore, considering the case of the Bybit exchange, issued a judgment recognizing the cryptocurrency as property that can be transferred under trust management.
New sale on CoinList β€” Chainflip πŸ’Έ

Chainflip is a decentralized exchange that allows cross-chain swaps.

Registration for the sale is open until August 28. The sale itself will take place on August 31, 2023 at 20:00 Kyiv / Moscow time.

β€’ Supply: 4,500,000 FLIP
β€’ Allocation - $100-$4000.
β€’ Price - $1.83.
β€’ Unlock - 100% on TGE, most likely on October 24, 2023.
β€’ Number of seats: 10,000 (provided that all participants redeem the allocation of $500).

Allocation can be increased up to $8,000. To be eligible to participate in the sale, you will need to top up your balance on CoinList in advance, the minimum amount is $100.
πŸ”ˆπŸš¨ Breaking: πŸ”₯ #Coinbase Officially Launches #Crypto Exchange Services In Canada πŸ‡¨πŸ‡¦

https://coingape.com/coinbase-officially-expands-crypto-services-to-canada/?utm_source=mike&utm_medium=telegram
At night, hackers once again hacked the pool on Curve Finance 🀯

This time, the Zunami Protocol and its UZD stablecoin were hacked. Losses amounted to more than $2 million.

Overnight, the stablecoin fell 99%, the current price is $0.005.

There are no details, the developers are investigating.

Who is next?
New Glassnode Indicator: Realized Loss Momentum πŸ‘†

The new metric is announced as a tool for short-term investors and should show market turning points.

But for now, if the signal is not false, it shows the possibility of continuing the correction by analogy with the fall of 2019 πŸ˜•
A major withdrawal of bitcoins from crypto exchanges continues. The total balance of VTS has fallen to values as far back as 2017 (santiment)
All this is happening against the backdrop of falling trust in centralized exchanges and stricter regulation of the industry.