Forwarded from Canva
1. Binance going to announce a few things next week.
2. Lots of whales sending Btc, eth other crypto to exchanges this week.
3. Hedera team downsizing a lot in coming weeks.
2. Lots of whales sending Btc, eth other crypto to exchanges this week.
3. Hedera team downsizing a lot in coming weeks.
Forwarded from Canva
BTC Decision Time: Will the $10K Fortress Fall?
There is a seriously crazy amount of stuff happening in the world today.
Global pandemic.
A very just and long overdue fight for equal rights.
Economic turmoil.
The list can certainly go on, but we'll only add one more thing to it — decision time for Bitcoin.
This week, it is very likely that bulls will once again storm the $10K BTC fortress, but will they finally succeed where they have been soundly defeated on several recent occasions?
Last week, bulls were routed, trounced, *decimated*, by staunch $10K defenders when it blasted clear of the five digit mark only to violently crash back into the $9,000 region.
Here are a few of the predominant factors holding BTC under.
Focus on Traditional Markets
Retail traders are nowhere to be found, as has been the case since civilians were completely and utterly rekt after the 2018 bear market.
That leaves the vast majority of price action up to the pros who have a lot on on their hands as of now. Compared with traditional market traders, there are far fewer traders whose sole focus is on cryptocurrency.
Meaning most traders are dabbling across several different types of assets — and not all of them digital. With the irrational-but-widely-accepted ongoing bull market in the Dow Jones and Nasdaq showing little sign of letting up, the spotlight on digital assets has dimmed.
There Is Still a Pandemic (In Case You Forgot)
Simply put, there is still a pandemic on. This thing is just throwing a curveball no matter how you look at it.
Currently, it is impossible to say if the pandemic is a boon or hindrance to Bitcoin's fortunes. But, logic might tell us that under such circumstances, an unabated rally to the moon is just not in the cards yet.
From prior experience, Bitcoin always loves a good counter-trend rally, with the recent move from the $3,000s back to $10,000 being another one for the books.
Nonetheless, the insecurity around the economy and the whooping America has taken at the hands of the virus (being the world's leading source of BTC trading activity) means the bull-case is still psyched out.
$10,000 Is a Major Psychological Hurdle
Certain numbers are powerful. For Bitcoin, 10,000 is just such a number. Try as it might, BTC hasn't been able to completely break free of the orbit caused by 10,000's gravity.
Even after posting major gains and sustaining prices near the $20K mark, the Bitcoin pendulum has swung wildly even without the myriad forms of turmoil seen today.
Getting near the $10K mark has already been a very wild ride, and breaking through it will be one, too.
The reason we've seen such swift rejection at or above $10,000 recently is that bears need to exert immediate and definitive downward pressure to keep the psychological barrier in play. Too much time spent above $10K will give hope and gather forces on the other side of the equation.
So far, bears have shown more power in defending their fortress, but the longer that fortress remains sieged by prices hovering nearby, the sooner we can hope it will fall.
There is a seriously crazy amount of stuff happening in the world today.
Global pandemic.
A very just and long overdue fight for equal rights.
Economic turmoil.
The list can certainly go on, but we'll only add one more thing to it — decision time for Bitcoin.
This week, it is very likely that bulls will once again storm the $10K BTC fortress, but will they finally succeed where they have been soundly defeated on several recent occasions?
Last week, bulls were routed, trounced, *decimated*, by staunch $10K defenders when it blasted clear of the five digit mark only to violently crash back into the $9,000 region.
Here are a few of the predominant factors holding BTC under.
Focus on Traditional Markets
Retail traders are nowhere to be found, as has been the case since civilians were completely and utterly rekt after the 2018 bear market.
That leaves the vast majority of price action up to the pros who have a lot on on their hands as of now. Compared with traditional market traders, there are far fewer traders whose sole focus is on cryptocurrency.
Meaning most traders are dabbling across several different types of assets — and not all of them digital. With the irrational-but-widely-accepted ongoing bull market in the Dow Jones and Nasdaq showing little sign of letting up, the spotlight on digital assets has dimmed.
There Is Still a Pandemic (In Case You Forgot)
Simply put, there is still a pandemic on. This thing is just throwing a curveball no matter how you look at it.
Currently, it is impossible to say if the pandemic is a boon or hindrance to Bitcoin's fortunes. But, logic might tell us that under such circumstances, an unabated rally to the moon is just not in the cards yet.
From prior experience, Bitcoin always loves a good counter-trend rally, with the recent move from the $3,000s back to $10,000 being another one for the books.
Nonetheless, the insecurity around the economy and the whooping America has taken at the hands of the virus (being the world's leading source of BTC trading activity) means the bull-case is still psyched out.
$10,000 Is a Major Psychological Hurdle
Certain numbers are powerful. For Bitcoin, 10,000 is just such a number. Try as it might, BTC hasn't been able to completely break free of the orbit caused by 10,000's gravity.
Even after posting major gains and sustaining prices near the $20K mark, the Bitcoin pendulum has swung wildly even without the myriad forms of turmoil seen today.
Getting near the $10K mark has already been a very wild ride, and breaking through it will be one, too.
The reason we've seen such swift rejection at or above $10,000 recently is that bears need to exert immediate and definitive downward pressure to keep the psychological barrier in play. Too much time spent above $10K will give hope and gather forces on the other side of the equation.
So far, bears have shown more power in defending their fortress, but the longer that fortress remains sieged by prices hovering nearby, the sooner we can hope it will fall.
Forwarded from Canva
These Three Factors Show Bitcoin Will See a Massive Selloff at $10,000
https://bitcoinist.com/?p=135069
- #Bitcoinist
@Leaks
https://bitcoinist.com/?p=135069
- #Bitcoinist
@Leaks
Bitcoinist.com
These Three Factors Show Bitcoin Will See a Massive Selloff at $10,000
One analyst is pointing to three primary factors as reasons why Bitcoin's ongoing uptrend may not be different than those seen in weeks past.
Forwarded from Canva
Forwarded from Cointelegraph
Millions of Telegram Users's Data Exposed on Darknet
Telegram’s built-in contact import feature was exploited to leak the personal data of millions of users onto the darknet.
https://ct.com/8pc2
Telegram’s built-in contact import feature was exploited to leak the personal data of millions of users onto the darknet.
https://ct.com/8pc2
Forwarded from Canva
Bitcoin Looking for a Big Move
@Leaks
It's difficult to believe we're on the cusp of July when it seems like only yesterday we were clinking glasses toward the new year.
Time flies when you're...dealing with a global pandemic.
In that time, Bitcoin has held surprisingly steady. Anyone who knows Bitcoin well would probably tell you the same.
Here, in these most volatile of days, our money, this decentralized network between us, hasn't let us down, even if it hasn't landed on the moon.
In a way, this is the moon.
Before, a bit of FUD from little-known South Korean regulators was enough to tank Bitcoin prices. And yet now, here we are, months deep into the most epic event in several generations and the only true global catastrophe probably ever, and BTC is holding the line.
Damn, that makes us proud.
BTC is range-bound, but for how much longer?
We're going to state the obvious here — Bitcoin, along with the rest of the crypto market, is strongly correlated with traditional assets markets, most notably the Dow Jones, S&P 500, and Nasdaq.
Why? Who knows, but it also does not matter. Comparing macro charts of the Dow and Bitcoin throughout the pandemic presents a mirror image.
The Bitcoin decoupling we were becoming accustomed to throughout 2019 is certainly gone for the moment. So, there is every reason to keep one eye on traditional markets and the other on cryptocurrency markets for a holistic view.
Today, Bitcoin is inching toward the $9,200 mark as it adds value that disappeared during a slow leak in the second half of June.
There are encouraging signs for BTC, such as the amount of Bitcoin standing stock-still in wallets.
Unlike at any other time since mid-2017, investors are leaving Bitcoin in wallets in record amounts — all without touching it or sending large sums to exchanges.
This suggests investor confidence toward BTC value as a HODL mentality gains significant ground.
BTC volatility at historic lows
However, any time Bitcoin volatility gets this low, it usually means something huge is on the way.
BTC volatility is currently at historic lows as traders wait for a sign regarding where the next move is heading.
If Bitcoin and the S&P 500 stay closely correlated, and the S&P 500 continues reacting to COVID-19 data and increasingly dire global economic news from organizations like the IMF, then we may be looking at a downward trajectory.
During the past 10 days, several dips below the $9K mark have been bought with what started as ferocity and has ended, as recently as this weekend, as a low volume sputter.
Suffice to say, the window for placing your bets is quickly narrowing.
@Leaks
It's difficult to believe we're on the cusp of July when it seems like only yesterday we were clinking glasses toward the new year.
Time flies when you're...dealing with a global pandemic.
In that time, Bitcoin has held surprisingly steady. Anyone who knows Bitcoin well would probably tell you the same.
Here, in these most volatile of days, our money, this decentralized network between us, hasn't let us down, even if it hasn't landed on the moon.
In a way, this is the moon.
Before, a bit of FUD from little-known South Korean regulators was enough to tank Bitcoin prices. And yet now, here we are, months deep into the most epic event in several generations and the only true global catastrophe probably ever, and BTC is holding the line.
Damn, that makes us proud.
BTC is range-bound, but for how much longer?
We're going to state the obvious here — Bitcoin, along with the rest of the crypto market, is strongly correlated with traditional assets markets, most notably the Dow Jones, S&P 500, and Nasdaq.
Why? Who knows, but it also does not matter. Comparing macro charts of the Dow and Bitcoin throughout the pandemic presents a mirror image.
The Bitcoin decoupling we were becoming accustomed to throughout 2019 is certainly gone for the moment. So, there is every reason to keep one eye on traditional markets and the other on cryptocurrency markets for a holistic view.
Today, Bitcoin is inching toward the $9,200 mark as it adds value that disappeared during a slow leak in the second half of June.
There are encouraging signs for BTC, such as the amount of Bitcoin standing stock-still in wallets.
Unlike at any other time since mid-2017, investors are leaving Bitcoin in wallets in record amounts — all without touching it or sending large sums to exchanges.
This suggests investor confidence toward BTC value as a HODL mentality gains significant ground.
BTC volatility at historic lows
However, any time Bitcoin volatility gets this low, it usually means something huge is on the way.
BTC volatility is currently at historic lows as traders wait for a sign regarding where the next move is heading.
If Bitcoin and the S&P 500 stay closely correlated, and the S&P 500 continues reacting to COVID-19 data and increasingly dire global economic news from organizations like the IMF, then we may be looking at a downward trajectory.
During the past 10 days, several dips below the $9K mark have been bought with what started as ferocity and has ended, as recently as this weekend, as a low volume sputter.
Suffice to say, the window for placing your bets is quickly narrowing.
Forwarded from Canva
Hacker stole 336 BTC from Crypto exchange Cashaa
Cryptocurrency exchange Cashaa said hackers took 336 bitcoin from one of its wallets. The company has stopped all crypto-related transactions.
Cryptocurrency exchange Cashaa said hackers took 336 bitcoin from one of its wallets. The company has stopped all crypto-related transactions.
Forwarded from Canva
US Secret Service Creates Finance-Related Cybercrime Task Force
The Cyber Fraud Task Force created by the U.S. Secret Service aims to combat the growing trend of cybercrimes related to financial matters.
The U.S. Secret Service announced the creation of the Cyber Fraud Task Force, or CFTF on July 10, after merged its Electronic Crimes Task Forces and Financial Crimes Task Forces into a single network.
The Cyber Fraud Task Force created by the U.S. Secret Service aims to combat the growing trend of cybercrimes related to financial matters.
The U.S. Secret Service announced the creation of the Cyber Fraud Task Force, or CFTF on July 10, after merged its Electronic Crimes Task Forces and Financial Crimes Task Forces into a single network.
Forwarded from Canva
We May Expect a Bitcoin Rally If Coronavirus Breaks Into a Second Wave
The broader cryptocurrency market is set for a Cambrian explosion of assets and a market comparable to the creation of the internet itself. As COVID-19 acts as a catalyst in the dismantling of old institutions and legacy financial systems, it will pave way for cryptocurrency and tokens to take their place.
Bitcoin has laid the foundation for the future of finance. As Binance CEO Changpeng Zhou stated:
“The pandemic has changed the world as we know it; it will never be the same again. And in this new world, we believe crypto will play an ever increasing role.”
The broader cryptocurrency market is set for a Cambrian explosion of assets and a market comparable to the creation of the internet itself. As COVID-19 acts as a catalyst in the dismantling of old institutions and legacy financial systems, it will pave way for cryptocurrency and tokens to take their place.
Bitcoin has laid the foundation for the future of finance. As Binance CEO Changpeng Zhou stated:
“The pandemic has changed the world as we know it; it will never be the same again. And in this new world, we believe crypto will play an ever increasing role.”
Forwarded from Canva
Cardano Warns of Youtube Scams Promoting Fake ADA Giveaways
Cardano founder warns against Youtube scams promoting a fake ADA giveaway.
Cardano founder warns against Youtube scams promoting a fake ADA giveaway.
Forwarded from Canva
Two OneCoin Promoters Found Dead in Mexico
Two promoters of $4 billion crypto exit scam OneCoin have been found dead in Mexico.
Two promoters of $4 billion crypto exit scam OneCoin have been found dead in Mexico.
Forwarded from Canva
Coordinated Twitter Hack is Targeting Coinbase, Kucoin, Binance, Gemini, and more
Recent events indicate Twitter accounts for Binance, Gemini, Coinbase, Bitfinex, Justin Sun, Charlie Lee, Elon Musk, Bill Gates and many others have been compromised.
Recent events indicate Twitter accounts for Binance, Gemini, Coinbase, Bitfinex, Justin Sun, Charlie Lee, Elon Musk, Bill Gates and many others have been compromised.
Forwarded from Canva
Elon Musk and crypto exchanges targeted
The Twitter accounts of many the largest cryptocurrency exchanges and influences appear to have been hacked, along with Elon Musk and others. They're directing people to make bitcoin donations. Some on the list:
Cz
Binance
Gemini
Bitlord
Coindesk
Justin sun
Kucoin
Coinbase
Charlie lee(Satoshi lite)
Gate. io
Angelobtc
Tron
Bitcoin
•Bloomberg
•Elon Musk
•Bill Gates
It's tough to imagine that the were hacked individually. Rather this looks like it's something internally via twitter or some third party service involved with twitter. That looks bad for the company.
The Twitter accounts of many the largest cryptocurrency exchanges and influences appear to have been hacked, along with Elon Musk and others. They're directing people to make bitcoin donations. Some on the list:
Cz
Binance
Gemini
Bitlord
Coindesk
Justin sun
Kucoin
Coinbase
Charlie lee(Satoshi lite)
Gate. io
Angelobtc
Tron
Bitcoin
•Bloomberg
•Elon Musk
•Bill Gates
It's tough to imagine that the were hacked individually. Rather this looks like it's something internally via twitter or some third party service involved with twitter. That looks bad for the company.
Forwarded from Canva
Share the above post in order to protect your friends, co-workers and spread awareness.
Forwarded from Canva
Joe Biden’s Twitter Account Hacked By Criminals Asking for BTC Donations
Joe Biden’s Twitter account has been hacked too.
Presidential candidate Joe Biden fell victim to the criminal enterprise that earlier hacked Elon Musk, Bill Gates, Warren Buffett, and Barack Obama, in addition to many well-known accounts in the crypto industry.
Joe Biden’s Twitter account has been hacked too.
Presidential candidate Joe Biden fell victim to the criminal enterprise that earlier hacked Elon Musk, Bill Gates, Warren Buffett, and Barack Obama, in addition to many well-known accounts in the crypto industry.
Forwarded from Canva
Chainlink OGs are recruiting some high flying Tiktokers to shill $LINK. This is now a thing.
Forwarded from Canva
Create a Binance account now and claim your gift (up to 100$ on BNB)
https://www.binance.com/en/register?ref=LTWPRMSM
https://www.binance.com/en/register?ref=LTWPRMSM