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Forwarded from Canva (Ragdeos)
Grayscale adds over 7k $BTC last 24h
Forwarded from Canva (Tyrant)
Cryptocurrency exchange Binance will likely earn between $800 million and $1 billion this year, as market uncertainty drives interest – and trading – in cryptos, CEO Changpeng Zhao told Bloomberg. 
That’s up from about $570 million in 2019.
Forwarded from Canva (Tyrant)
Bullish! $BTC Knocked out all weekly closes on the CME
Forwarded from Canva (Ragdeos)
Apple co-founder Steve Wozniak Jumps Into Crypto and Blockchain

Apple co-founder Steve Wozniak has launched Efforce, a company that facilitates investments in energy efficiency projects via cryptocurrency and blockchain technology. The company aims to be a marketplace to streamline the process of financing and undertaking energy efficiency projects by enabling them to receive crowd contribution from investors via its token WOZX. Efforce claimed the listing has increased Efforce’s market value tenfold to $950 million.
Forwarded from Canva (Ragdeos)
12.9% of the circulating #Bitcoin supply (2.4M BTC) is currently held in exchange wallets – down from 16% at the beginning of the year.

According to our data, the largest holders are:

Coinbase: 4.9%
Binance: 1.6%
Huobi: 1.1%
OKEx: 1.1%
Forwarded from Canva (Ragdeos)
November saw the second-highest adjusted monthly stablecoin volume led by Tether.
YFDAI FINANCE - THE MOST PROMISING PROJECT OF 2021

Since peaking at $3240, YFDAI has been consolidating just below the $3000 level which shows that people are NOT willing to sell!

Fundamentally, the team is making very fast paced progress and continues to deliver. It is only a matter of time until a Tier 1 exchange listing arrives. Due to these reasons we can expect some high targets for EOY and Q1 of 2021.

TP1 = $4000 (EOY)
No doubt YFDAI will break recent highs and rally higher before the end of year. More people are becoming aware of YFDAI which is increasing the demand.

TP2 = $10000 (Q1 2021)
With more and more news, progress and events, we don’t doubt that we will see 5 figure YFDAI in the near future. You may feel that is ambitious, but this still values YFDAI at ONLY a $40mil Marketcap.

Buy here:
https://app.uniswap.org/#/swap?inputCurrency=0xf4cd3d3fda8d7fd6c5a500203e38640a70bf9577

Join their Telegram here:

https://t.me/yfdaifinance
Although Tether remains the most dominant stablecoin, $USDC has been growing at a faster rate than Tether over the last few months.
Forwarded from Canva (Ragdeos)
Spot $BTC trading volumes on Binance pick up significantly during EU trading hours starting from 8AM UTC and peak around the US open.

Largest volumes are mid-week, declining towards the weekend.
Forwarded from Canva (Ragdeos)
The Bitwise Top 10 Crypto Index Fund started trading publicly yesterday on OTC Markets under ticker BITW.

465k shares, approx $14mln, traded for its first day.
Forwarded from Canva (Ragdeos)
JPMorgan announced that it executed a blockchain-based repo transaction, leveraging its eponymous JPMCoin. The announcement comes two months after JPMorgan unveiled a rebrand of its blockchain unit — now dubbed Onyx — and said that its stablecoin-like product had gone into production. 
YFDAI have a busy schedule!

YFDAI will not only be interviewed by the legendary veteran reporter Jane King from Nasdaq on the 14th of December but will also be Sponsoring the Gulf Xellence’s Global DeFi Summit in Dubai early next month.

It currently sits at just a $13 Million Market Cap, YFI being their closest competitor is currently at a $750,000,000 Market Cap giving it a lot of room to grow.

Find out more here:
https://t.me/yfdaifinance

Buy here:
https://app.uniswap.org/#/swap?inputCurrency=0xf4cd3d3fda8d7fd6c5a500203e38640a70bf9577
Forwarded from Canva (Ragdeos)
⁠‘Insanely bullish’: Glassnode CTO predicts BTC price will 10X from here

Glassnode’s Rafael Shultze-Kraft has shared several on-chain metrics that he believes suggest Bitcoin will comfortably charge into six-figure price-thresholds in future.

https://twitter.com/n3ocortex/status/1336366033255473152?s=19
Forwarded from Canva (Ragdeos)
$BTCUSD vs $USDT (erc20) circulating supply.

#Bitcoin
Forwarded from Canva (Ragdeos)
BREAKING NEWS:

Insurance company MassMutual announced that they have purchased $100,000,000 worth of #Bitcoin.

New institutional investors are jumping in every single day! This will lead to a domino effect that will drive the #Bitcoin price to 6 digits.
Forwarded from Canva (Ragdeos)
Verge (XVG), the cryptocurrency now infamous for its links to the porn industry, is on the up again — thanks to a classic fiat money scandal.

As adult entertainment giant Pornhub confirmed this week, payment providers Visa and MasterCard are no longer servicing its payments, leaving only cryptocurrency for its roughly 120 million daily visitors.
Forwarded from Canva (Ragdeos)
Sweden’s government will start exploring the feasibility of having the country move to a digital currency, marking another step into the unknown for the world’s most cashless society.

Per Bolund, financial markets minister, said a review launched on Friday is expected to be completed by the end of November in 2022. Anna Kinberg Batra, a former chairwoman of the Riksbank’s finance committee, will lead the inquiry.
Forwarded from Canva (Ragdeos)
Thief Steals USD 8.2m From Nexus Mutual Founder in a 'Targeted Attack'

There's been another theft in the Cryptoverse - this time a 'personal' one, as attackers have taken more than USD 8.2m from the account of Hugh Karp, the founder of decentralized finance (DeFi) insurance protocol Nexus Mutual.

Nexus Mutual announced the news in a Twitter post today, stating that Karp's "personal address was attacked and drained by a member of the mutual." They stated that only this particular address was affected in "this targeted attack and there is no subsequent risk to Nexus Mutual or any members," adding that "the mutual is not impacted; the pool of funds and all systems are safe."

According to the transaction details, NXM 370,000 was taken, worth some 8.25m. Per CoinGecko.com, the price of the coin dropped less than 1% in the past 24 hours, and 4.7% in a week, to the current price of USD 22.3 (at 12:32 UTC).

A part of the stolen funds is already being exchanged, said the protocol.
Forwarded from Canva (Ragdeos)
PARABOLA IMMINENT: ETHEREUM’S ACCUMULATION RANGE WAS BIGGER THAN BTC’S

 
Ethereum is rapidly approaching the crucial $600 level that has long been a pivotal point for its various trends

This level has held strong on multiple occasions as resistance, which would make any break above it technically significant

One trader is now noting that a serious move higher could be imminent for Eth in the near-term

He points to a macro accumulation range that Ethereum is just starting to exit, noting that it was within this range for a longer period of time than BTC was in its range

If it posts a firm break above this range – as Bitcoin recently did – it could mean that a massive upside movement is imminent in the near-term
Forwarded from Canva (Ragdeos)
Bitcoin’s “Realized” Price and Capitalization Hits Another All-Time High

Bitcoin’s “realized” price hit another all-time high of $7,670.15, according to Glassnode. Realized price refers to the value of coins that are actively used. Also Bitcoin’s “realized” capitalization hit an all-time high of $142.43 billion, Glassnode announced. Bitcoin hitting high price reflects a healthy market records and massive interest in Crypto especially decentralized finance and interest from institutional investors has led more people to invest in the cryptocurrency.