CryptoSentinel :: DeFi, IEOs & crypto news and analysis
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All things crypto and IEO + focus on scams!

Spinoff from famous Russian crypto media group CryptoChasovoy @ICOkaraulny

Run by @Icomuzhik

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Forwarded from unfolded.
PayPal is planning to roll out crypto purchases in the next three months.

PayPal has 325 million users.

Venmo is the largest consumer finance app in the US — link | coindesk
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Bitcoin's realized cap is continually hitting all-time highs.

Realized Cap values bitcoins at the price at which they were last moved, in order to discount the value of lost coins and give active coins a more realistic economic weighting — link
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Supreme court limits SEC's power to seek punitive fines on crypto firms — link
Forwarded from CryptoRank Analytics
DeFi Token Balancer Price Surges Over 300% on First Trading Day

BAL, the governance token of Ethereum-based automated market maker exchange protocol Balancer, is live on Ethereum mainnet.

Soon after the deployment, the price has jumped from $6.65 to $22.28. As of now, BAL is trading at $20.

Balancer allows users to create liquidity pools where any number of predetermined Ethereum (ERC20) tokens can be deposited in fixed ratios to one another. When the prices change for tokens in a pool, allocations are rebalanced to the set ratios by allowing traders access to overweight tokens as liquidity.
Forwarded from CryptoRank Analytics
📈Market Overview

Bitcoin is down more than 4.5% and it broke the key $9,500 level.

The price of BTC dropped below $9,000 from $9,660 within 21 hours. It is currently consolidating losses and trading in a range above $9,100.

The next major support is seen near the $9,000 level, below which the bears are likely to aim a test of the $8,800 support zone. Any further losses might call for a push towards $8,500.

Market capitalization: $273.55B (-4.69%)
The BTC dominance: 61.83% (0%)
Fear & Gread Index: 43 (Fear)

https://cryptorank.io/heatmaps

👉 Top Gainers

Request Network (REQ) +29,27%
Quant (QNT) +21,14%
THORChain (RUNE) +11,94%

👉 Top Losers

Nimiq (NIM) -15,15%
Raiden (RDN) -14,03%
Storj (STORJ) -12,23%

BTC Futures

Aggregated Volume — $17.59B
Aggregated Open Interest — $3.36B

👉 Derivatives Market Analytics
Forwarded from CryptoRank Analytics
The Latest Breaking News 📣

#1 Australians Can Now Pay for Bitcoin at the Post Office — link

#2 $188 Million in ETH Tied to PlusToken Ponzi Moves for First Time Since December — link

#3 Sweden's Central Bank Releases 98-Page 'Economic Review' Devoted to CBDC — link

#4 Circle's USDC Ends Its Monogamous Relationship with Ethereum — link

#5 New York’s Financial Regulator Just Made Life Easier for Crypto Firms — link

#6 Venezuela Tests Bitcoin Payments for Some Passports — link

#7 Shares in Grayscale’s Ether Trust Plummet 50% — and It’s Still Expensive — link

#8 Singapore Begins Crackdown on Unlicensed Bitcoin Sellers — link

👉https://cryptorank.io/news
Forwarded from CryptoRank Analytics
Telegram Agrees to Pay $18.5M Penalty in SEC Settlement Over Failed TON Offering — link
The settlement apparently takes into consideration Telegram’s commitment to terminate TON’s development and pay back investors
Forwarded from CryptoRank Analytics
📈Market Overview

Bitcoin started an upside correction after testing $9,000 and it is now facing a strong resistance near the $9,300 level.

There is also a major contracting triangle forming with resistance near $9,330 on the hourly chart. The triangle resistance is close to the 50% Fib retracement level of the downward move from $9,660 to $8,991.

If BTC breaks the $9,300- $9,330 resistance zone, it could test the next resistance at $9,400.

Market capitalization: $273.98B (+0.1%)
The BTC dominance: 61.93% (+0.2%)
Fear & Gread Index: 40 (Fear)

https://cryptorank.io/heatmaps

👉 Top Gainers

DEAPcoin (DEP) +34,68%
Time New Bank (TNB) +26,30%
Unibright (UBT) +16,90%

👉 Top Losers

GoChain (GO) -18,70%
TrustVerse (TRV) -10,81%
Balancer (BAL) -9,41%

BTC Futures

Aggregated Volume — $9.44B
Aggregated Open Interest — $3.23B

👉 Derivatives Market Analytics
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Total value locked in DeFi continues to rise with $COMP dominance nearly 40% | skew
Forwarded from CryptoRank Analytics
Overview of DeFi Tokens Holders: Compound vs Balancer

Despite
the recent launch of BAL it has already around 40% of COMP holders: 2495 vs 6397.

The situation with the share of tokens which is owned by Top-100 addresses is almost identical: COMP - 99.87%, BAL - 98.60%.

Regarding the number of addresses which together hold 99.9% of total supply BAL with its ≈ 300 addresses looks more decentralized than COMP with its ≈ 100 addresses.

Check more holders data on CryptoRank:

COMP 👉 https://cryptorank.io/currencies/compound/holders
BAL 👉 https://cryptorank.io/currencies/balancer/holders
Forwarded from DeFi Crypto Ann
Important upcoming dates for the US Economy related to Covid and financial assistance.
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The great Estonian exodus — crypto firms are leaving Estonia — link