The bitcoin exchange rate has fallen by 50% from the historical maximum. 38% of the circulating supply of military-technical cooperation is in the red.
This correction has already practically repeated the anti-record of July 2021, when we received a drawdown of 54%. I remind you that at that time we turned around and got more than 2 times growth. And not the continuation of the fall another 100,500 times, as now they began to shout from all sides.
This correction has already practically repeated the anti-record of July 2021, when we received a drawdown of 54%. I remind you that at that time we turned around and got more than 2 times growth. And not the continuation of the fall another 100,500 times, as now they began to shout from all sides.
The correlation between Bitcoin and the SP500 continues to increase. When the stock market drains, it inevitably affects cryptocurrencies as well.
The main problem is that the prospects for traditional markets for 2022 have become very dim due to the easing of stimulus. This is exactly the program thanks to which we have seen great growth on all fronts for a year and a half.
The main problem is that the prospects for traditional markets for 2022 have become very dim due to the easing of stimulus. This is exactly the program thanks to which we have seen great growth on all fronts for a year and a half.
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http://pantherprotocol.io
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Ethereum addresses set a new record high 🧬
According to analytics service glassnode, the number of addresses in the Ethereum blockchain with more than 0.1 ETH in their balance recently updated an all-time high. That number now stands at approximately 6.823 million.
The Ethereum network has experienced explosive growth over the past few years. This was primarily due to the rise of the DeFi decentralized finance and NFT non-interchangeable tokens segments, which were originally based on the Ethereum blockchain.
This trend has caused the number of addresses with a balance of more than 0.1 ETH to jump to 6 million in 2021 from 3.5 million a year earlier.
The hash rate on the Ethereum network also renewed a few days ago and reached a record high of 1.1 PH/s. This news came on the backdrop of the network's ongoing gradual transition to the proof-of-stake system.
According to analytics service glassnode, the number of addresses in the Ethereum blockchain with more than 0.1 ETH in their balance recently updated an all-time high. That number now stands at approximately 6.823 million.
The Ethereum network has experienced explosive growth over the past few years. This was primarily due to the rise of the DeFi decentralized finance and NFT non-interchangeable tokens segments, which were originally based on the Ethereum blockchain.
This trend has caused the number of addresses with a balance of more than 0.1 ETH to jump to 6 million in 2021 from 3.5 million a year earlier.
The hash rate on the Ethereum network also renewed a few days ago and reached a record high of 1.1 PH/s. This news came on the backdrop of the network's ongoing gradual transition to the proof-of-stake system.
The number of illiquid bitcoins is growing almost 2 times faster than new coins are mined.
This is one of the fundamental reasons why there is little chance of starting a cryptowinter right now. For example, during the bearish 2018, the situation was reversed. The issuance of new coins was then twice as large as the growth of illiquid supply.
Roughly speaking, long-term hodlers create benefits not only for themselves, but for the entire eco-system. And this is a good potential for the continuation of the global growth cycle.
This is one of the fundamental reasons why there is little chance of starting a cryptowinter right now. For example, during the bearish 2018, the situation was reversed. The issuance of new coins was then twice as large as the growth of illiquid supply.
Roughly speaking, long-term hodlers create benefits not only for themselves, but for the entire eco-system. And this is a good potential for the continuation of the global growth cycle.
The mass adoption of crypto can be compared to the development of the Internet. The number of crypto users now corresponds to the number of Internet users in the late 90s. The graph shows the development prospects very clearly.
This is to talk about "is it too late to buy." But even thousands of X's on the first coin that comes across, of course, will not work. The market is becoming large and civilized, it will be more and more difficult to make money here every year.
This is to talk about "is it too late to buy." But even thousands of X's on the first coin that comes across, of course, will not work. The market is becoming large and civilized, it will be more and more difficult to make money here every year.
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I guess this is one of the biggest bonuses I've seen so far and that’s kind of rare. The promotion will last for only 12 hours and starts this week. By the way, guys have already collected 1m DOT☝️
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Equilibrium.io hands out an unprecedented 150% Flash Bonus for participating in a Polkadot crowdloan! Every 1DOT contributed to the Equilibrium.io will get a 500EQ(❗️) bonus instead of the regular 200EQ.
I guess this is one of the biggest bonuses I've seen so far and that’s kind of rare. The promotion will last for only 12 hours and starts this week. By the way, guys have already collected 1m DOT☝️
👉Seats are limited, so Join the Waitlist to be the first to receive the HUGE reward: https://link.equilibrium.io/3KLQmNb
Top 10 Crypto Metaverse Projects by Market Cap (Cryptorank)
Pay attention to each of them, read the history and perspectives. I think it's no secret to anyone that the metaverses are very likely to become a full-fledged addition (replacement?😱) to our life in the future 5-10 years. For an idea of what that might look like, you can watch the movie Ready Player One.
In this regard, investments in meta-projects have a very serious potential, however, only a few will shoot out of them and you will have to wait decently. But we are not in the market for one day, right?
Pay attention to each of them, read the history and perspectives. I think it's no secret to anyone that the metaverses are very likely to become a full-fledged addition (replacement?😱) to our life in the future 5-10 years. For an idea of what that might look like, you can watch the movie Ready Player One.
In this regard, investments in meta-projects have a very serious potential, however, only a few will shoot out of them and you will have to wait decently. But we are not in the market for one day, right?
The signal to continue the uptrend gives another reliable indicator.
At the moment, the number of bitcoins in the hands of short-term investors is at its minimum values. In fact, this means that the crowd no longer believes in growth and is waiting for a strong fall. But as history shows, the majority is always wrong. Even if this does not lead to an immediate increase, then at least we have a strong argument that most of the fall is over.
At the moment, the number of bitcoins in the hands of short-term investors is at its minimum values. In fact, this means that the crowd no longer believes in growth and is waiting for a strong fall. But as history shows, the majority is always wrong. Even if this does not lead to an immediate increase, then at least we have a strong argument that most of the fall is over.
Coinbase Wallet expanded support for Ledger hardware wallet ✳️
Cryptocurrency wallet Coinbase Wallet, owned by well-known cryhttps://miro.medium.com/max/1400/0*TF-3THDGIwoNKgLDptocurrency exchange Coinbase, has rolled out support for browser extensions for Ledger hardware wallets. The Coinbase Wallet extension, available from the Chrome Web Store, is a non-custodial wallet that allows users to store and transact cryptocurrencies and non-transferable tokens (NFTs).
By adding Ledger support, Coinbase users can use a physical Ledger device to store private keys to their wallets offline.
"We want to give everyone the ability to use DApps and access WebZ, and to do that we need to create the easiest-to-use and most affordable self-storage wallet in the ecosystem. Today's release solves ... the security problem."
Cryptocurrency wallet Coinbase Wallet, owned by well-known cryhttps://miro.medium.com/max/1400/0*TF-3THDGIwoNKgLDptocurrency exchange Coinbase, has rolled out support for browser extensions for Ledger hardware wallets. The Coinbase Wallet extension, available from the Chrome Web Store, is a non-custodial wallet that allows users to store and transact cryptocurrencies and non-transferable tokens (NFTs).
By adding Ledger support, Coinbase users can use a physical Ledger device to store private keys to their wallets offline.
"We want to give everyone the ability to use DApps and access WebZ, and to do that we need to create the easiest-to-use and most affordable self-storage wallet in the ecosystem. Today's release solves ... the security problem."
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