The latest recovery rally in the price of Bitcoin has now slowed down as on-chain data shows signs of dumping from whales. Bitcoin Exchange Whale Ratio Continues To Be At High Values As pointed out by an analyst in a CryptoQuant post, BTC whales are sending their coins to exchanges at the moment. The “exchange whale ratio” is an indicator that measures the ratio between the sum of the top ten transactions to exchanges and the total Bitcoin exchange inflows. In simpler terms, this metric tells us how the whale…
Day: June 23, 2022
The Risks and Benefits of On-Chain Credit Protocols
The Risks and Benefits of On-Chain Credit Protocols Source
Don't Miss Out on Crypto: Larry David FTX Commercial
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The next big thing is here, even if Larry David can’t see it. Don’t miss out. Download the FTX app, the safe and easy way to buy and sell crypto and NFTs. Highlighted as one of the best 2022 Super Bowl commercials by Good Morning America, The Today Show, and many more. ●▬▬▬▬▬▬Trade on FTX▬▬▬▬▬▬▬▬● FTX is a cryptocurrency exchange built by traders, for traders. FTX offers innovative products including industry-first derivatives, options, volatility products and leveraged tokens. We strive to develop…
The community-centered approach to Web3 — Aave founder and CEO
Aave (AAVE) founder and CEO Stani Kulechov said the firm was continuing to develop its decentralized social media platform, with Web3 potentially changing the way many view ownership. Speaking to Cointelegraph at the Collision conference in Toronto on Thursday, Kulechov said Web3 — a buzzword often thrown around, which generally describes the next evolution of an internet based on blockchain technology — could impact how people use social media in much the same way cryptocurrency changed perceptions on finance. The Aave CEO remarked how developers had adapted protocols to handle custody,…
CoinFLEX Pauses Withdrawals Amid ‘Extreme Market Conditions’ and Counterparty Uncertainty
The counterparty is not crypto hedge fund Three Arrows Capital, CoinFLEX’s CEO said. Source
Voyager Digital cuts withdrawal amount as 3AC contagion ripples through DeFi and CeFi
The Singapore-based crypto venture firm Three Arrows Capital (3AC) failed to meet its financial obligations on June 15 and this caused severe impairments among centralized lending providers like Babel Finance and staking providers like Celsius. On June 22, Voyager Digital, a New York-based digital assets lending and yield company listed on the Toronto Stock exchange, saw its shares drop nearly 60% after revealing a $655 million exposure to Three Arrows Capital. Voyager offers crypto trading and staking and had about $5.8 billion of assets on its platform in March, according to…
Bitcoin Back Above $20K as Analysts Debate Whether It’s Good Time to Buy
The $20,000 price point remains pivotal as analysts debate whether bitcoin (BTC) will see further declines akin to 2013, when BTC fell by 85%, and to 2017, when it tumbled 84%. If bitcoin experiences a similar fall this time around, it could see prices drop close to $10,000. Original Source 20KanalystsBitcoinBuyDebateGoodTime CryptoX Portal
Bitcoin Climbs Back Above $20K, as Analysts Debate Whether It’s Good Time to Buy
The $20,000 price point remains pivotal as analysts debate whether bitcoin (BTC) will see further declines akin to 2013, when BTC fell by 85%, and 2017, when it tumbled 84%. If bitcoin experiences a similar fall this time around, it could see prices nearing the $10,000 mark. Source
Bitcoin Miners Contributing To BTC Crash? New Report Sheds Light
Bitcoin remains in the red with a 10% loss over the past week. The number one crypto by market cap has been consolidating at its current levels after a massive crash too it to a multi-year low of $17,500. Related Reading | Are Small Cap Crypto Assets Rebounding A Sign Risk Appetite Returning? At the time of writing, BTC’s price trades at $20,400 with sideways movement in the last 24 hours. BTC moving sideways on the 4-hour chart. Source: BTCUSD Tradingview As many outlets have been reporting, Bitcoin miners have been…
Michael Saylor – "The HOUSING Market Will COLLAPSE Over-NIGHT… " | Bitcoin News | Crypto
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Michael Saylor -“The HOUSING Market Will COLLAPSE Over-NIGHT…” | Bitcoin News | Crypto Currencies ($) Michael Saylor is an American entrepreneur and the CEO of Microstrategy. He is one of the most well-known figures in the Bitcoin community, and in the news today. He knows everything there is to know about the current cycle, and selling Bitcoin. In the latest Bitcoin news, Saylor will give his update today. He’ll go over in this latest interview why he thinks Bitcoin is the greatest…