Santiment: Tether addresses holding between π΅ $100K to 10M USDT are nearing a 3-year low in terms of holding supply.
If USDT starts accumulating again, as we saw during last year's summer bounce, an increase in purchasing power would be a great π sign.
#cryptonews #USDT
If USDT starts accumulating again, as we saw during last year's summer bounce, an increase in purchasing power would be a great π sign.
#cryptonews #USDT
π A few hours ago > 11000 BTC were transferred from BitFinex to the spot exchange and most of it to Coinbase.
#cryptonews #BTC #Coinbase #BitFinex
#cryptonews #BTC #Coinbase #BitFinex
Tether liquidates Celsius position with βno lossesβ to stablecoin issuer
πTetherβs Bitcoin (BTC)-denominated loan to Celsius Network has been fully liquidated without a loss, easing concerns that the stablecoin issuer may have oversized exposure to the embattled crypto lender.
πIn a statement issued Friday, Tether explained that its lending arrangement with Celsius prevented any downside risk to its underlying business. Specifically, the BTC-denominated loan issued to Celsius was overcollateralized by 130%, and the original agreement allowed Tether to liquidate the collateral to cover the loan.
#cryptonews #BTC #Tether #Celsius
πTetherβs Bitcoin (BTC)-denominated loan to Celsius Network has been fully liquidated without a loss, easing concerns that the stablecoin issuer may have oversized exposure to the embattled crypto lender.
πIn a statement issued Friday, Tether explained that its lending arrangement with Celsius prevented any downside risk to its underlying business. Specifically, the BTC-denominated loan issued to Celsius was overcollateralized by 130%, and the original agreement allowed Tether to liquidate the collateral to cover the loan.
#cryptonews #BTC #Tether #Celsius
Whales are actively accumulating BTC in July
Since the beginning of the month, the wallets of Bitcoin whales π³ (which have 10K+ coins) have been replenished with 212K BTC. On the chart, this is represented as bubbles: the larger the bubble, the more coins were transferred to wallets per day. The maximum inflows were recorded π July 06 - 56.8K BTC and π July 9 - 55.2K BTC.
What this can mean: whales π³ purchase at nice prices, withdraw from the exchanges and send to the hold until better times.
#cryptonews #BTC #whales
Since the beginning of the month, the wallets of Bitcoin whales π³ (which have 10K+ coins) have been replenished with 212K BTC. On the chart, this is represented as bubbles: the larger the bubble, the more coins were transferred to wallets per day. The maximum inflows were recorded π July 06 - 56.8K BTC and π July 9 - 55.2K BTC.
What this can mean: whales π³ purchase at nice prices, withdraw from the exchanges and send to the hold until better times.
#cryptonews #BTC #whales
π°Bitcoin is positive
BTC social sentiment is showing a high level of optimism as we approach the next FRS meeting.
The ideal situation would be if the crowd remains skeptical as prices rise β¬οΈ with a little resistance.
#cryptonews #btc
BTC social sentiment is showing a high level of optimism as we approach the next FRS meeting.
The ideal situation would be if the crowd remains skeptical as prices rise β¬οΈ with a little resistance.
#cryptonews #btc
US asked Japanese cryptocurrency companies to leave Russia
American πΊπΈ diplomats called on crypto exchanges π to stop serving Russian π·πΊ clients, and mining companies to stop mining cryptocurrencies in Siberia, reports the Financial Times.
Representatives of the USA πΊπΈ drew attention to the fact that Japanese π―π΅ exchanges π and mining companies have created a "complex network of subsidiaries" to operate in Russia π·πΊ. According to the publication, shortly after that, the Japan Financial Services Agency π―π΅ demanded that local exchanges cut ties with Russia π·πΊ and Russian companies.
The article says that the former head of one of the crypto exchanges, on condition of anonymity, confirmed the fact of increased pressure on Japanese π―π΅ exchanges π and the requirement for them to leave Russia π·πΊ. The source indicated that he knows at least one company that decided to keep its business in the country by creating a company in Singapore πΈπ¬ and making payments through it.
Recall that in π March, the Japanese government π―π΅ required local cryptocurrency exchange companies not to process transactions with digital assets that are subject to sanctions against Russia π·πΊ and Belarus π§πΎ. Violators face a penalty of imprisonment for up to three years or a fine.
#cryptonews #cryptoexchanges
American πΊπΈ diplomats called on crypto exchanges π to stop serving Russian π·πΊ clients, and mining companies to stop mining cryptocurrencies in Siberia, reports the Financial Times.
Representatives of the USA πΊπΈ drew attention to the fact that Japanese π―π΅ exchanges π and mining companies have created a "complex network of subsidiaries" to operate in Russia π·πΊ. According to the publication, shortly after that, the Japan Financial Services Agency π―π΅ demanded that local exchanges cut ties with Russia π·πΊ and Russian companies.
The article says that the former head of one of the crypto exchanges, on condition of anonymity, confirmed the fact of increased pressure on Japanese π―π΅ exchanges π and the requirement for them to leave Russia π·πΊ. The source indicated that he knows at least one company that decided to keep its business in the country by creating a company in Singapore πΈπ¬ and making payments through it.
Recall that in π March, the Japanese government π―π΅ required local cryptocurrency exchange companies not to process transactions with digital assets that are subject to sanctions against Russia π·πΊ and Belarus π§πΎ. Violators face a penalty of imprisonment for up to three years or a fine.
#cryptonews #cryptoexchanges
Tether is losing its dominance among stablecoins. Who will be the new leader π€
Tether has lost 43.1%βΌοΈ of its dominance in just 2 years.
The bulk of stablecoin hodlers will switch to using USDC. Now this stable has 38.1% dominance.
After the collapse of UST (Luna), Tether representatives stated that they are ready for any cryptocurrency crash and that the company's reserves are equal to the number of coins.
But it looks like USDC (38.1%) will surpass USDT (45.2%) in 6-12 months to become the largest stablecoin.
#cryptonews #Tether #USDC #UST
Tether has lost 43.1%βΌοΈ of its dominance in just 2 years.
The bulk of stablecoin hodlers will switch to using USDC. Now this stable has 38.1% dominance.
After the collapse of UST (Luna), Tether representatives stated that they are ready for any cryptocurrency crash and that the company's reserves are equal to the number of coins.
But it looks like USDC (38.1%) will surpass USDT (45.2%) in 6-12 months to become the largest stablecoin.
#cryptonews #Tether #USDC #UST
Bitcoin is down about 70% from its all-time high.
π€ The price movement looks bleak and we have clearly had an unsustainable rise over the past year.
#cryptonews #BTC
π€ The price movement looks bleak and we have clearly had an unsustainable rise over the past year.
#cryptonews #BTC
πThis week, Celsius Network and some of its subsidiaries filed for bankruptcy in a New York court.
πUnder the heading "Golden Fund", it is assumed what happened to the crypto-lending platform and how it affected other participants in the crypto industry.
#cryptonews #Celsius
πUnder the heading "Golden Fund", it is assumed what happened to the crypto-lending platform and how it affected other participants in the crypto industry.
#cryptonews #Celsius
πNew signals for our Ρommunityππ»
π Coin name: #ETHUSDT (π’LONG)
πEnter near: 1545+-$
π1 TP 1700$
π2 TP 2000$
π3 TP 2300$
π4 TP 2600$π
SL Near: 1322$
π―Position Size : 5%
πͺπ»Leverage : 20X
#cryptosignals
π Coin name: #ETHUSDT (π’LONG)
πEnter near: 1545+-$
π1 TP 1700$
π2 TP 2000$
π3 TP 2300$
π4 TP 2600$π
SL Near: 1322$
π―Position Size : 5%
πͺπ»Leverage : 20X
#cryptosignals
CryptoPunks are a generative art collection, and one of the first ever applications of NFTs for digital art πΌ . There are only 10,000 Punks in existence, and some of them are thought to be lost forever.
What happened: CryptoPunk #7789 just sold for 78.40 ETH (CRYPTO: ETH) (π΅ $124,288 USD). The value of CryptoPunks is typically determined by Punk's attributes, with the hoodie, beanie, and pilot helmet traits being the most coveted. Other species of Punks (Zombies, Apes and Aliens) are incredibly rare and also sell for a premium.
#cryptonews #CryptoPunks
What happened: CryptoPunk #7789 just sold for 78.40 ETH (CRYPTO: ETH) (π΅ $124,288 USD). The value of CryptoPunks is typically determined by Punk's attributes, with the hoodie, beanie, and pilot helmet traits being the most coveted. Other species of Punks (Zombies, Apes and Aliens) are incredibly rare and also sell for a premium.
#cryptonews #CryptoPunks
Hello Kitty NFTs Are Coming: Here Are The Details
The NFTs can be collected and holders will earn new digital collectibles when they complete challenges and travel to eight iconic cities around the π, two cities will be exclusive for Recur Pass Holders.
Clues π to characters and locations will be revealed via the Recur
before the π. Recur passholders will receive early access to the NFT sale.
βWeβre thrilled to create a platform for all Hello Kitty fans, old and new, to take flight and experience the metaverse through Hello Kitty and Friends World,β Recur founder and CEO Zach Bruch said. βOur goal is to provide a community where fans can interact and explore the metaverse with brands and IPs they love.β
Recur uses proof-of-stake layer-2 blockchain Polygon (CRYPTO: MATIC) for its mints.
The NFTs can be withdrawn to any Web3 wallet on any blockchain thanks to a multi-chain π from Recur in π April.
#cryptonews #NFT #HelloKitty
The NFTs can be collected and holders will earn new digital collectibles when they complete challenges and travel to eight iconic cities around the π, two cities will be exclusive for Recur Pass Holders.
Clues π to characters and locations will be revealed via the Recur
before the π. Recur passholders will receive early access to the NFT sale.
βWeβre thrilled to create a platform for all Hello Kitty fans, old and new, to take flight and experience the metaverse through Hello Kitty and Friends World,β Recur founder and CEO Zach Bruch said. βOur goal is to provide a community where fans can interact and explore the metaverse with brands and IPs they love.β
Recur uses proof-of-stake layer-2 blockchain Polygon (CRYPTO: MATIC) for its mints.
The NFTs can be withdrawn to any Web3 wallet on any blockchain thanks to a multi-chain π from Recur in π April.
#cryptonews #NFT #HelloKitty
πNew signals for our Ρommunityππ»
π Coin name: #ALICEUSDT (π’LONG)
πEnter near: 3.03+-$
π1 TP 3.5$
π2 TP 4.2$
π3 TP 5.2$π
SL Near: 2.47$
π―Position Size : 5%
πͺπ»Leverage : 20X
πΈStay with us and get a lot profit
#cryptosignals
π Coin name: #ALICEUSDT (π’LONG)
πEnter near: 3.03+-$
π1 TP 3.5$
π2 TP 4.2$
π3 TP 5.2$π
SL Near: 2.47$
π―Position Size : 5%
πͺπ»Leverage : 20X
πΈStay with us and get a lot profit
#cryptosignals
π¬ Vitalik Buterin: issuers of centralized stablecoins like Tether (USDT) and USD Coin (USDC) will determine the future of controversial hard forks on the Ethereum network.
#cryptonews #opinion #Buterin #ETH
#cryptonews #opinion #Buterin #ETH
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