CryptoLandβ„’ Signal | Analysis | News
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Real-time crypto signals, analysis & news.
Data-driven insights for smarter trading.

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πŸ’  The Bitcoin price has only been higher than now for 12 days in its history

πŸ–‡ The Bitcoin price - currently at $16,320 - has only been at this level or higher for 12 days in it’s entire 4,332-day history, representing just 0.28% of it’s life.

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πŸ”° Grayscale's total AUM has reached $9.8 billion.

πŸ“ƒ This equals over 500k BTC in custody or ~2.7% of the current total supply.

πŸ“ˆ#Funda
πŸ—ž#News

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πŸ”° Never before in Bitcoin's history have there been more addresses active as a sender (7d MA).

πŸ“ˆ#Funda
πŸ—ž#News

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πŸ’  Total user numbers of DeFi is up 55% in just six weeks

πŸ–‡ Decentralized finance users steadily increased by 40% during October, despite many DeFi tokens posting heavy losses for the month.

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πŸ’  Tezos upgrade reduces smart contract fees

πŸ–‡ Tezos is seeking to attract DeFi developers, implementing a protocol upgrade that reduces smart contract gas fees by roughly 75%.

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πŸ’  Akropolis DeFi protocol β€˜paused’ as hackers get away with $2M in DAI

πŸ–‡ According to Cointelegraph, hackers have been able to exploit savings pools at Gibraltar-based decentralized finance protocol Akropolis, getting away with more than $2 million in stablecoins.

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πŸ’  DAO treasuries still down 40% after October’s DeFi downtrend

πŸ–‡ Decentralized autonomous organizations, or DAOs, were heavily hit by October’s decentralized finance downtrend, with the total value of assets managed by DAOs crashing by 40% from 30 days ago.

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πŸ’  Deutsche Bank says central bank digital currencies will replace cash in the long run

πŸ–‡ Central bank digital currencies (CBDCs) will replace cash in the long term, as the coronavirus pandemic has accelerated the use of digital payments over cash.

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πŸ’  Bitcoin futures and options suggest that a major BTC price move is looming

πŸ–‡ Bitcoin has been highly volatile in recent weeks, but the futures market’s open interest indicates that traders should brace themselves for a big move.

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πŸ’ Macro factors could bring Bitcoin to $1 trillion market cap

πŸ–‡ Strategic investor Lyn Alden says the 2020 macroeconomic environment is extremely favorable to Bitcoin.

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πŸ“‰ Current Cryptocurrency Market

πŸ”Ί 24-hours Average Market Changes and The Dominance of Cryptocurrencies

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CryptoLandβ„’ Signal | Analysis | News
πŸ’  PayPal says it's opening up crypto services to all eligible U.S. users πŸ–‡ PayPal said Thursday that it is opening up its nascent cryptocurrency services to all eligible U.S. users. πŸ’Ž @CryptoLand_en 🌐 twitter.com/Cryptoland_EN
πŸ’  Crypto Twitter Bullies PayPal for its Definitions of Bitcoin, Ethereum, Litecoin and BCH

πŸ–‡ PayPal is trying to make Bitcoin easy to understand but Crypto Twitter went berzerk after finding its definitions for BTC and its 3 β€œalternatives”.

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πŸ’  Bitcoin Rally Falters as Price Drops Below $16K

πŸ–‡ Bitcoin’s price quickly dropped below $16,000 Saturday morning, putting the rapid rally seen in recent weeks on pause.

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πŸ’  Options data suggests $560 Ethereum price won’t happen

πŸ–‡ Options data shows pro traders are not confident that Ethereum price will follow Bitcoin’s rally to new 2020 highs.

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πŸ’  Percentage of Ethereum Held on Crypto Exchanges Drops to a 2 Yr Low

πŸ–‡ The percentage of Ethereum being held on crypto exchange is at 13.35% of the total supply in circulation. This value is the lowest since November 23rd, 2018.

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πŸ’  A major correction is still possible in BTC’s price

πŸ–‡ After passing $16,000, most analysts are optimistic about Bitcoin’s short-term outlook, but some are worried about a potential correction.

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πŸ’  How does the Bitcoin Vault security solution work?

πŸ–‡ BTCV’s three-key security solution amplifies security having the ability of canceling transactions within 24 hours.

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πŸ’  Ripple Files Trademark for Possible New Payments Service

πŸ–‡ Ripple, the San Francisco-based blockchain payments infrastructure provider, has registered a trademark for a possible new product called β€œPayString.”

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πŸ’  MakerDAO’s Dai supply just reached a new milestone

πŸ–‡ MakerDAO’s decentralized stablecoin, DAI, reached a new milestone in terms of supply. For the first time in its history, the supply has hit $1 billion.

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