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’  Another green light from SEC | SEC approves Exodus wallet for stock offering

πŸ–‡ Crypto wallet provider Exodus recently received the green light from the United States Securities and Exchange Commission to sell shares of its operation.

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πŸ’  Equilibrium raises $2.5M to secure support for Polkadot parachain bid | Major Polkadot ecosystem investors are backing the project

πŸ–‡ Equilibrium, a Polkadot-based decentralized finance project and parachain candidate, has raised $2.5 million from a number of venture funds primarily involved in the Polkadot ecosystem.

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πŸ“‰ Current Cryptocurrency Market

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

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πŸ’  Ripple's now started setting records | XRP futures open interest reaches $1.2 billion record

πŸ–‡Positive news regarding the Ripple–SEC lawsuit saw XRP's price rally above $1 and its futures open interest to reach an all-time high.

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πŸ’  Mark Yusko: Bitcoin ETF approval will happen

πŸ–‡ Morgan Creek Capital Management’s CEO Mark Yusko is adamant that a long-awaited Bitcoin ETF will be approved by the U.S. SEC.

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πŸ’  Hester Peirce: Banning Bitcoin is Almost Impossible

πŸ–‡ Hester Peirce has made it clear that placing a blanket ban on BTC and other cryptoassets will be a foolish thing for the United States government to do, as such action may not yield the desired result since bitcoin is decentralized.

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πŸ’  Exchanges saw massive USDT deposits | The bullish rally has just started

πŸ–‡ Stablecoin inflows to exchanges is one of the indicators for starting a bullish rally. Thus, when significant capital enters the market, considerable power to create a massive rally in major cryptocurrencies such as Bitcoin can be deduced.

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πŸ’  MicroStrategy stock is a β€œvirtual currency product” | HSBC blacklisted MicroStrategy's stock

πŸ–‡ The investment banking giant now reportedly classifies MicroStrategy as a β€œvirtual currency product.”

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πŸ”° Once again, another record from BTC miners' revenue

πŸ“ƒ Total Bitcoin miner revenue has been on a steady uptrend since the start of the year, hitting its new all time high on Friday. According to data from Glassnode, miners are now making an aggregate $64 million from block rewards and fees.

◻️ It’s important to note that this is despite block subsidy being cut in half post-halving.

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πŸ’  A flourishing neighbour | Pakistan’s central bank is β€˜carefully studying’ CBDCs

πŸ–‡ State Bank of Pakistan governor Reza Baqir says the country is β€œwaiting to burst as far as digitization is concerned.”

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πŸ’  Mike Novogratz: We need a digital Dollar

πŸ–‡ Prominent Bitcoin bull and veteran investor, Michael Novogratz, predicted an existential crisis for the US unless the country moves forward with creating a digital dollar.

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πŸ’  Bitcoin needs to get to Washington | The federal government is ready for the fight

πŸ–‡ The crypto industry desperately needs to flex its influence in Washington, but as usual, infighting prevails.

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πŸ’  Whales and institutions are still investing | Meitu now holds $100 million in BTC and Ether

πŸ–‡ Due to its limited supply and performance as a shield against inflation, Bitcoin has caused a huge influx of investors to the field, and in the meantime, Meitu has now become one of the pioneers of this type of investment, buying $100 million worth of cryptocurrencies.

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πŸ“‰ Current Cryptocurrency Market

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

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πŸ”° Binance and CoinMarketCap on top of best crypto websites list

πŸ“ƒ According to a chart shared by Alexa, now the Binance and CoinMarketCap websites are estimated to be the most popular crypto websites among 48 others.

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πŸ’  Blockchain technology in Spanish businesses | 11% of the country's businesses are using blockchain

πŸ–‡ A recent study by business consulting firm IDC Spain found that businesses are using the blockchain more than ever in the country.

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πŸ’  S2F model and $200K BTC | May Bitcoin be a store of value?

πŸ–‡ If Bitcoin is to be considered as a store of value commodity, it should follow the stock-to-flow model, and the model suggest $200K for this cryptocurrency.

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CryptoLandβ„’ Signal | Analysis | News
πŸ”° Once again, another record from BTC miners' revenue πŸ“ƒ Total Bitcoin miner revenue has been on a steady uptrend since the start of the year, hitting its new all time high on Friday. According to data from Glassnode, miners are now making an aggregate $64…
πŸ’  Bitcoin miner revenue hits new all-time high | Is there gonna be a Potential bull case?

πŸ–‡ According to Glassnode, miners are now making an aggregate $64 million from newly minted coins and fees. It’s important to note that this is despite block subsidy being cut in half post-halving.

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πŸ’  A $6 million bid for Cryptopunks | NFTs are still booming

πŸ–‡ Today, an anonymous and recently created account placed bids worth 3,034 ETH for 16 CryptoPunks. The fact that so far, none of the bids have been accepted, makes the story even more interesting.

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