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’  Grayscale tops $50 billion: β€˜Will soon pass world’s largest commodity ETF’

πŸ–‡ Major United States asset manager Grayscale has just surpassed $50 billion in cryptocurrency assets under management for the first time. Grayscale’s AUM is creeping ever closer to the $57-billion holdings of the largest commodity ETF.

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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’  Iranian mining farms back again | Chinese investors reboot Iranian Bitcoin mining facility

πŸ–‡ A Chinese–Iranian Bitcoin mining facility is set to resume operations after being forced to shut down earlier in the year.

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πŸ’  Turkey to ban cryptocurrency payments | Exchanges won't be able provide fiat-to-crypto onramps

πŸ–‡ A new ban in Turkey will prohibit crypto holders from using their digital assets for payments in addition to preventing payments providers from providing fiat onramps for crypto exchanges.

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πŸ”° Bitcoin crashes after A coal mine explosion in China

πŸ“ƒ A gas explosion and flooding at a Chinese coal mine has halted Bitcoin mining operation in Xinjiang, China.

◻️ Bitcoin's price also felt the pressure from the decline in hash rate, dropping near 4% from the day's opening price.

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πŸ”° Bitcoin change-adjusted transaction volume has hit a new ATH of $49.45 Billion

πŸ“ƒ The previous record $46.68B was set at 2017 peak during a 67-day stretch of a higher than $15B volume.

◻️ This bullish indicator has now sustained a much longer 121-days with a volume higher than $15B.

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Forwarded from Bridge Oracle
Weekly #Giveaway Completeβœ…

πŸ‘‰πŸ» Users whose Twitter ID has been announced as winner of this Competition, Please send their $BRG wallet address as Direct Message to Bridge Oracle Twitter (https://twitter.com/bridge_oracle)

Tweet LinkπŸ‘‡πŸ»
https://twitter.com/bridge_oracle/status/1383335514074279938?s=20

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πŸ’  Ripple's partnership with Novatti | A wider adoption is on the way for XRP

πŸ–‡ XRP is now exposed to a wide adoption which can effect the price action of the coin. If XRP passes its 2018 highs, it may even see a surge in adoptions.

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πŸ’  Bank of America survey: Nearly 75% of professional investors see Bitcoin as bubble

πŸ–‡ Bank of America released a new survey that found that the majority of professional investors are not very optimistic about the world’s largest cryptocurrency.

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πŸ’  Bitmain’s new Ether mining rig ready to launch | Are they going to answer the demand for GPUs?

πŸ–‡ Bitmain’s new Ether ASIC mining rig is on the way, but will it help ease Nvidia’s GPU problems?

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πŸ’  Bitcoin hash rate’s new Highs | Bitcoin hash rate hits record 200 EH/s

πŸ–‡ Bitcoin (BTC) has seen a classic indicator of a coming bull run pass a historic milestone as miners commit more and more resources to its future.

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πŸ”° You can now buy Bitcoin in PayPal

πŸ“ƒ PayPal just sent this email to 360m customers telling them they can now buy Bitcoin and use it at checkout!

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πŸ’  A Promise to reduce Ethereum Gas fees | Berlin hard fork goes live

πŸ–‡ The Berlin hard fork, a software upgrade for the Ethereum blockchain network, incorporates four Ethereum Improvement Proposals.

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πŸ’  Pakistan firm sold fake KYC docs to Russians for Bitcoin | OFAC looking for sanctioning the crypto related ones

πŸ–‡ The 2020 election ended over five months ago, but the US isn’t done litigating it and now OFAC has levied sanctions against 16 groups and 16 people.

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πŸ’  Fear of a break | Miners upgrading network is "attack on Bitcoin"

πŸ–‡ Bitcoin core developer Luke Dashjr has proposed an alternative way to activate Taproot. But critics say he is putting the network at risk.

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πŸ’  Swiss companies entering crypto world | Switzerland’s largest insurer AXA starts accepting Bitcoin as payment

πŸ–‡ All private AXA customers now have the option to pay insurance premiums for any non-life insurance products in 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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πŸ”° Coinbase's stock got dumped for $5 billion

πŸ“ƒ Insider activity reports for Coinbase’s COIN stock indicate that multiple early investors and executives sold billions in equity shortly after COIN’s direct listing.

◻️ Filings initially indicated that multiple executives sold a high percentage of their stake in the company, though a representative for Coinbase claimed that the sellers maintain strong ownership positions.

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πŸ”° More than $7 billion long and short liquidations in crypto market

πŸ“ƒ Most of the funds were liquidated at Binance, which indicates that newcomers were using high leverage in this exchange.

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πŸ’  Ark buys $246M of Coinbase stock | The company adds COIN to its ETFs

πŸ–‡ Ark Invest has spread nearly 750,000 COIN shares across three of its ETFs.

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πŸ”° Ethereum transaction fees surge amid feverish demand for Crypto

πŸ“ƒ Many thought that fees would be lower after the Berlin fork, though so far that’s not the case. And also the gas fees have been surging for significant amounts recently.

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