NVT downtrend just broken
As we know, NVT is calculated by dividing the Bitcoin network value by the transaction volume. The pattern I've shown in the past is when the downtrend is broken, the network value gradually finds its place, and then we see the Bitcoin price > ATH. This indicated to us that there was a ballooning. NVT has been in a downtrend since June, but we can see that it has broken this for the last 10 days. We should now see a new ATH, a bubble in price.
Source: CryptoQuant
As we know, NVT is calculated by dividing the Bitcoin network value by the transaction volume. The pattern I've shown in the past is when the downtrend is broken, the network value gradually finds its place, and then we see the Bitcoin price > ATH. This indicated to us that there was a ballooning. NVT has been in a downtrend since June, but we can see that it has broken this for the last 10 days. We should now see a new ATH, a bubble in price.
Source: CryptoQuant
99.705% of the #Bitcoin supply is currently in profit.
Congratulations to all $BTC HODLers on the highest daily market close in history.
Source; Glassnode
Congratulations to all $BTC HODLers on the highest daily market close in history.
Source; Glassnode
🎉New Bitcoin ATH! Uptober has done it again.
Bitcoin officially hits a new all-time high above $65K. BTC price action reenters uncharted territory after beating out final resistance before April's existing peak.
https://ct.com/a163
Bitcoin officially hits a new all-time high above $65K. BTC price action reenters uncharted territory after beating out final resistance before April's existing peak.
https://ct.com/a163
📌Bitcoin Dipped to $60K Losing $7K Since Tuesday’s ATH (Market Watch)
📈Bitcoin lost more than $7,000 in a few days and dipped below $60,000. Ethereum also went down hard after failing to chart a new ATH.
👉Following the past several days of surging higher and higher, BTC corrected hard in the past 24 hours and even dipped below $60,000 briefly. Most altcoins followed suit, and the entire market cap lost more than $150 billion since its peak earlier this week.
🔗Read more: https://cryptopotato.com/bitcoin-dipped-to-60k-losing-7k-since-tuesdays-ath-market-watch/
📈Bitcoin lost more than $7,000 in a few days and dipped below $60,000. Ethereum also went down hard after failing to chart a new ATH.
👉Following the past several days of surging higher and higher, BTC corrected hard in the past 24 hours and even dipped below $60,000 briefly. Most altcoins followed suit, and the entire market cap lost more than $150 billion since its peak earlier this week.
🔗Read more: https://cryptopotato.com/bitcoin-dipped-to-60k-losing-7k-since-tuesdays-ath-market-watch/
CryptoPotato
Bitcoin Dipped to $60K Losing $7K Since Tuesday’s ATH (Market Watch)
Bitcoin lost more than $7,000 in a few days and dipped below $60,000. Ethereum also went down hard after failing to chart a new ATH.
📌Ethereum users burned $2B of $ETH equivalent in total since #EIP1559 activation
🔥 600,000 ETH were burned on the Ethereum network
After the London update on August 5, 600,000 ETH worth $2.4 billion were burned. NFT marketplace OpenSea destroyed the most (85,700 ETH), transfers on the Ethereum network burned 53,800 ETH, and the Uniswap V2 exchange burned over 35,600 ETH.
Don't forget that there will be an Altair update on the Ethereum 2.0 network on October 27, which will allow developers to test the update mechanism in the core network before merging Ethereum 2.0 with the existing network on Proof-of-Work.
Perhaps after that we will know a more precise timeline for the Ethereum and Ethereum 2.0 merger.
🔥 600,000 ETH were burned on the Ethereum network
After the London update on August 5, 600,000 ETH worth $2.4 billion were burned. NFT marketplace OpenSea destroyed the most (85,700 ETH), transfers on the Ethereum network burned 53,800 ETH, and the Uniswap V2 exchange burned over 35,600 ETH.
Don't forget that there will be an Altair update on the Ethereum 2.0 network on October 27, which will allow developers to test the update mechanism in the core network before merging Ethereum 2.0 with the existing network on Proof-of-Work.
Perhaps after that we will know a more precise timeline for the Ethereum and Ethereum 2.0 merger.
📌Telsa hints it may soon resume support for crypto payments
🏎Tesla believes cryptocurrencies could emerge as a “liquid alternative to cash” over the longer term.
👉Tesla, the majo electric vehicle manufacturer headed by Dogecoin proselytizer Elon Musk, has hinted that it may soon look to restore support for crypto payments.
🔗Read more: https://ct.com/a1pf
🏎Tesla believes cryptocurrencies could emerge as a “liquid alternative to cash” over the longer term.
👉Tesla, the majo electric vehicle manufacturer headed by Dogecoin proselytizer Elon Musk, has hinted that it may soon look to restore support for crypto payments.
🔗Read more: https://ct.com/a1pf
Cointelegraph
Tesla hints it may soon resume support for crypto payments
SEC filings suggest that leading electric vehicle manufacturer Tesla may be planning to soon resume support for crypto payments.
📌Indian Crypto Regulation Is Planned for February: Report
👉The Indian government is reportedly planning to introduce cryptocurrency regulation by the time of the next general Budget, which is in February next year. Instead of banning cryptocurrencies, like bitcoin, the government is likely to regulate crypto assets as commodities, according to reports.
🔗Read more:- https://news.bitcoin.com/indian-crypto-regulation-february/
👉The Indian government is reportedly planning to introduce cryptocurrency regulation by the time of the next general Budget, which is in February next year. Instead of banning cryptocurrencies, like bitcoin, the government is likely to regulate crypto assets as commodities, according to reports.
🔗Read more:- https://news.bitcoin.com/indian-crypto-regulation-february/
Bitcoin News
Indian Crypto Regulation Is Planned for February: Report
The Indian government is reportedly planning to introduce cryptocurrency regulation by the time of the next general Budget, which is in February next year. Instead of banning cryptocurrencies, like bitcoin, the government is likely to regulate crypto assets…
📌MicroStrategy added 9,000 BTC last quarter, its stash is now worth $7 billion
👉As of Sept. 30, MicroStrategy held 114,042 BTC at an average purchasing price of $27,713.
🔗Read more:- https://ct.com/a24h
👉As of Sept. 30, MicroStrategy held 114,042 BTC at an average purchasing price of $27,713.
🔗Read more:- https://ct.com/a24h
Cointelegraph
MicroStrategy added 9K BTC last quarter, its stash is now worth $7 billion
MicroStrategy's Bitcoin holdings are worth almost $7 billion at current prices, with the firm snapping up 8,957 BTC in Q3.
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Hello, Satoshi Space Community! 🤗
🗣We are pleased to announce AMA with RAGE FAN. Our guests for AMA are Mr. Jay Kishore Satla (CMO at Rage Fan) & Mr George Mathai (Product leader at Rage fan) 🎊
Date: 2nd November, 2021
Time: 7:00 PM IST
Hosted on: @satoshispace
💰Total Reward Pool: $105 worth of $RAGE
🧩AMA Structure
-Round 1:- We will pick 10 good questions from our telegram group which will be answered by our guests.
-Round 2:- (Fastest finger Quiz) :- An exciting quiz awaits for you at the end of the Round 1 where The first 3 fastest people with the highest number of correct answers will be rewarded $10 $RAGE each.
🎯5 users who ask us questions get a chance to win $15 worth $RAGE rewards each!
√ Follow this👇 simple step to participate:
✅ Post atleast 1 good question using this format #AMA "question" in @satoshispace
‼️Note: Questions can be related to #Ragefan #RAGE Token.
Rage FAN 🔗
Website | GitHub
Discord | Twitter | Instagram | Telegram Ann | Telegram Chat | LinkedIn | Medium
🗣We are pleased to announce AMA with RAGE FAN. Our guests for AMA are Mr. Jay Kishore Satla (CMO at Rage Fan) & Mr George Mathai (Product leader at Rage fan) 🎊
Date: 2nd November, 2021
Time: 7:00 PM IST
Hosted on: @satoshispace
💰Total Reward Pool: $105 worth of $RAGE
🧩AMA Structure
-Round 1:- We will pick 10 good questions from our telegram group which will be answered by our guests.
-Round 2:- (Fastest finger Quiz) :- An exciting quiz awaits for you at the end of the Round 1 where The first 3 fastest people with the highest number of correct answers will be rewarded $10 $RAGE each.
🎯5 users who ask us questions get a chance to win $15 worth $RAGE rewards each!
√ Follow this👇 simple step to participate:
✅ Post atleast 1 good question using this format #AMA "question" in @satoshispace
‼️Note: Questions can be related to #Ragefan #RAGE Token.
Rage FAN 🔗
Website | GitHub
Discord | Twitter | Instagram | Telegram Ann | Telegram Chat | LinkedIn | Medium
📌Analysts say ‘impulse move’ could send Ethereum price into the $6K to $14K range
📈Analysts say ETH’s breakout to a new all-time high is just the beginning and one 2017-era fractal pattern targets a $14,000 Ethereum price in the near future.
🔗Read more: https://ct.com/a2iv
📈Analysts say ETH’s breakout to a new all-time high is just the beginning and one 2017-era fractal pattern targets a $14,000 Ethereum price in the near future.
🔗Read more: https://ct.com/a2iv
Cointelegraph
Analysts say ‘impulse move’ could send Ethereum price into the $6K to $14K range
Analysts say ETH’s breakout to a new all-time high is just the beginning and one 2017-era fractal pattern targets a $14,000 Ethereum price in the near future.
🎉 Here's the RAGE Fan AMA winners announcement || 3rd November 2021🎉 🤑🤑
👉💥Here is the list of round 1 winners!
( 15$ worth RAGE each)
@Vai1233
@neeraj_2_7
@HumanGroot
@Paras699
@Sarika_4088
👉💥Here is the list of round 2 - Quiz winners! ( $10 worth RAGE each)
🥇@doithay1617
🥈@bitlegion053
🥉@lalkaarmusic
🎉 How to claim the reward
-Users can DM @Sid0805 to claim there Reward
‼️ Please note the rewards will be distributed within 7 working days after the end of contest.
😇We would like to thank our community for asking good questions and made #AMA most successful
💰 Exclusive Offer for Satoshi Space members 👇
Get 10 $RAGE + 40 $PRAGE Using promo code [SATSPACE]
Here are the download links to Rage Fantasy App:
Android: https://bit.ly/3EBz3KB
iOS: https://apple.co/3bywYTh
Promo Code: SATSPACE
👉💥Here is the list of round 1 winners!
( 15$ worth RAGE each)
@Vai1233
@neeraj_2_7
@HumanGroot
@Paras699
@Sarika_4088
👉💥Here is the list of round 2 - Quiz winners! ( $10 worth RAGE each)
🥇@doithay1617
🥈@bitlegion053
🥉@lalkaarmusic
🎉 How to claim the reward
-Users can DM @Sid0805 to claim there Reward
‼️ Please note the rewards will be distributed within 7 working days after the end of contest.
😇We would like to thank our community for asking good questions and made #AMA most successful
💰 Exclusive Offer for Satoshi Space members 👇
Get 10 $RAGE + 40 $PRAGE Using promo code [SATSPACE]
Here are the download links to Rage Fantasy App:
Android: https://bit.ly/3EBz3KB
iOS: https://apple.co/3bywYTh
Promo Code: SATSPACE
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#Apple CEO Tim Cook owns "crypto" 🔥💪
📌Cryptocurrency regulation: Indian govt taking forward-looking steps, says report
👑Prime Minister Narendra Modi led a review meeting on the digital currency on Saturday, and it was decided that the government will continue to proactively engage with experts and other stakeholders on the evolving technology, the people said, aski...
👇India is planning progressive and forward-looking measures on issues related to cryptocurrencies, a move that could be a departure from its earlier attempts to restrict the use of virtual coins, according to people familiar with the matter.
🔗Read more:- https://m.economictimes.com/markets/cryptocurrency/cryptocurrency-regulation-indian-govt-taking-forward-looking-steps-says-report/articleshow/87696376.cms
👑Prime Minister Narendra Modi led a review meeting on the digital currency on Saturday, and it was decided that the government will continue to proactively engage with experts and other stakeholders on the evolving technology, the people said, aski...
👇India is planning progressive and forward-looking measures on issues related to cryptocurrencies, a move that could be a departure from its earlier attempts to restrict the use of virtual coins, according to people familiar with the matter.
🔗Read more:- https://m.economictimes.com/markets/cryptocurrency/cryptocurrency-regulation-indian-govt-taking-forward-looking-steps-says-report/articleshow/87696376.cms
The Economic Times
Cryptocurrency regulation: Indian govt taking forward-looking steps, says report
Prime Minister Narendra Modi led a review meeting on the digital currency on Saturday, and it was decided that the government will continue to proactively engage with experts and other stakeholders on the evolving technology, the people said, asking not to…
Hello, Satoshi Space Community! 🤗
🗣We are pleased to announce AMA with Cobidex. Our guests for AMA are Mr. Mojtaba Asadian (Founder and CEO Cobidex) & Mr. Simon Fletcher (Chief Business Development Officer) 🎊
Date: 23rd November, 2021
Time: 7:00 PM IST
Hosted on: @satoshispace
💰Total Reward Pool: $200 worth of $USDT
🧩AMA Structure
-Round 1:- We will pick 10 good questions from our telegram group which will be answered by our guests.
-Round 2:- (Fastest finger Quiz) :- An exciting quiz awaits for you at the end of the Round 1 where The first 5 fastest people with the highest number of correct answers will be rewarded $10 $USDT each.
🎯5 users who ask us questions get a chance to win $30 worth $USDT rewards each!
√ Follow this👇 simple step to participate:
✅ Post atleast 1 good question using this format #AMA "question" in @satoshispace
‼️Note: Questions can be related to #cobidex #COBI Token.
Cobidex 🔗
Website
Twitter | Telegram | Medium
🗣We are pleased to announce AMA with Cobidex. Our guests for AMA are Mr. Mojtaba Asadian (Founder and CEO Cobidex) & Mr. Simon Fletcher (Chief Business Development Officer) 🎊
Date: 23rd November, 2021
Time: 7:00 PM IST
Hosted on: @satoshispace
💰Total Reward Pool: $200 worth of $USDT
🧩AMA Structure
-Round 1:- We will pick 10 good questions from our telegram group which will be answered by our guests.
-Round 2:- (Fastest finger Quiz) :- An exciting quiz awaits for you at the end of the Round 1 where The first 5 fastest people with the highest number of correct answers will be rewarded $10 $USDT each.
🎯5 users who ask us questions get a chance to win $30 worth $USDT rewards each!
√ Follow this👇 simple step to participate:
✅ Post atleast 1 good question using this format #AMA "question" in @satoshispace
‼️Note: Questions can be related to #cobidex #COBI Token.
Cobidex 🔗
Website
Twitter | Telegram | Medium
Hello, Satoshi Space Community! 🤗
🗣We are pleased to announce AMA with Cobidex. Our guests for AMA are Mr. Mojtaba Asadian (Founder and CEO Cobidex) & Mr. Simon Fletcher (Chief Business Development Officer) 🎊
Date: 23rd November, 2021
Time: 7:00 PM IST
Hosted on: @satoshispace
💰Total Reward Pool: $200 worth of $USDT
🧩AMA Structure
-Round 1:- We will pick 10 good questions from our telegram group which will be answered by our guests.
-Round 2:- (Fastest finger Quiz) :- An exciting quiz awaits for you at the end of the Round 1 where The first 5 fastest people with the highest number of correct answers will be rewarded $10 $USDT each.
🎯5 users who ask us questions get a chance to win $30 worth $USDT rewards each!
√ Follow this👇 simple step to participate:
✅ Post atleast 1 good question using this format #AMA "question" in @satoshispace
‼️Note: Questions can be related to #cobidex #COBI Token.
Cobidex 🔗
Website
Twitter | Telegram | Medium
🗣We are pleased to announce AMA with Cobidex. Our guests for AMA are Mr. Mojtaba Asadian (Founder and CEO Cobidex) & Mr. Simon Fletcher (Chief Business Development Officer) 🎊
Date: 23rd November, 2021
Time: 7:00 PM IST
Hosted on: @satoshispace
💰Total Reward Pool: $200 worth of $USDT
🧩AMA Structure
-Round 1:- We will pick 10 good questions from our telegram group which will be answered by our guests.
-Round 2:- (Fastest finger Quiz) :- An exciting quiz awaits for you at the end of the Round 1 where The first 5 fastest people with the highest number of correct answers will be rewarded $10 $USDT each.
🎯5 users who ask us questions get a chance to win $30 worth $USDT rewards each!
√ Follow this👇 simple step to participate:
✅ Post atleast 1 good question using this format #AMA "question" in @satoshispace
‼️Note: Questions can be related to #cobidex #COBI Token.
Cobidex 🔗
Website
Twitter | Telegram | Medium
🎉 Here's the Cobidex AMA winners announcement || 24th November 2021🎉 🤑🤑
👉💥Here is the list of round 1 winners!
( 30$ worth USDT each)
@Vai1233
@rnx40
@Ranjanaqggl
@Paras699
@itsrajatsharma7
👉💥Here is the list of round 2 - Quiz winners! ( $10 worth USDT each)
🥇 @tolgaozek – 5 (16.6 sec)
🥈 @nguyenben – 5 (22.3 sec)
🥉 @Anil_57 – 5 (23.7 sec)
4. @Ozgur_34 – 5 (27.3 sec)
5. @SeherDutkun – 5 (29.2 sec)
🎉 How to claim the reward
-Users can DM @ajlovez to claim there Reward
‼️ Please note the rewards will be distributed within 7 working days after the end of contest.
😇We would like to thank our community for asking good questions and made #AMA most successful
👉💥Here is the list of round 1 winners!
( 30$ worth USDT each)
@Vai1233
@rnx40
@Ranjanaqggl
@Paras699
@itsrajatsharma7
👉💥Here is the list of round 2 - Quiz winners! ( $10 worth USDT each)
🥇 @tolgaozek – 5 (16.6 sec)
🥈 @nguyenben – 5 (22.3 sec)
🥉 @Anil_57 – 5 (23.7 sec)
4. @Ozgur_34 – 5 (27.3 sec)
5. @SeherDutkun – 5 (29.2 sec)
🎉 How to claim the reward
-Users can DM @ajlovez to claim there Reward
‼️ Please note the rewards will be distributed within 7 working days after the end of contest.
😇We would like to thank our community for asking good questions and made #AMA most successful
📌Experts divided on how far India's 'private crypto' ban will go
🤔Previous documents from the Indian government indicate that it believes any cryptocurrencies not issued by the government are considered private, and therefore could be banned.
🔗Read more:- https://ct.com/a4ng
🤔Previous documents from the Indian government indicate that it believes any cryptocurrencies not issued by the government are considered private, and therefore could be banned.
🔗Read more:- https://ct.com/a4ng
Cointelegraph
Experts divided on how far India’s ‘private crypto’ ban will go
The proposed Indian ban on “private cryptocurrencies” is complicated, with some experts saying that "private" could mean every coin, while others are downplaying fears of a total ban.
📌Short Notice
Hello community, 👋
We will be having voice chat event at 7pm today with satoshi space community. Do Join it at 7:00pm.
🗣Satoshi Space Community members can interact with rest of community members!!
👉Do Join the Voice chat at 7:00pm :- https://t.me/satoshispace?videochat=b3132793efa9758ea9
Hello community, 👋
We will be having voice chat event at 7pm today with satoshi space community. Do Join it at 7:00pm.
🗣Satoshi Space Community members can interact with rest of community members!!
👉Do Join the Voice chat at 7:00pm :- https://t.me/satoshispace?videochat=b3132793efa9758ea9
📌MicroStrategy Bought Another 7K Bitcoin Worth $414 Million
👉Michael Saylor’s MicroStrategy revealed another Bitcoin buy – this time for 7K BTC, worth approximately $414 million.
🔗Read more:- https://cryptopotato.com/microstrategy-bought-another-7k-bitcoin-worth-415-million/
👉Michael Saylor’s MicroStrategy revealed another Bitcoin buy – this time for 7K BTC, worth approximately $414 million.
🔗Read more:- https://cryptopotato.com/microstrategy-bought-another-7k-bitcoin-worth-415-million/
CryptoPotato
MicroStrategy Bought Another 7K Bitcoin Worth $414 Million
Michael Saylor's MicroStrategy revealed another Bitcoin buy - this time for 7K BTC, worth approximately $414 million.