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Bitcoin is 14 years old 🎂
On January 3, 2009, Satoshi Nakamoto generated the first BTC block.
On January 3, 2009, Satoshi Nakamoto generated the first BTC block.
According to BTC futures, there is now a strong preponderance towards longs. 76% versus 24% or $3 billion versus $920 million.
Potential fuel for a rocket down, and in a very large amount (separately on binance, the advantage is slightly less, but also decent).
It must be clearly understood that the real bottom is where no one believes in growth and is waiting in dollars. The survey showed that the vast majority had already purchased.
Why is it all .. instead of a strong growth, we can see a strong fall. Ask yourself: Is your portfolio ready for a 2-3x market decline? What is the action plan for continuing the correction?
Potential fuel for a rocket down, and in a very large amount (separately on binance, the advantage is slightly less, but also decent).
It must be clearly understood that the real bottom is where no one believes in growth and is waiting in dollars. The survey showed that the vast majority had already purchased.
Why is it all .. instead of a strong growth, we can see a strong fall. Ask yourself: Is your portfolio ready for a 2-3x market decline? What is the action plan for continuing the correction?
Cryptocurrency exchange Huobi confirmed 20% staff reduction, but refutes rumors of solvency problems 🤔
"We are aware of the comments regarding the Huobi app and the security of user assets. Such unsubstantiated and inflammatory rumors not only damage the image of the Huobi brand, but ultimately affect the interests of Huobi users."
In their joy, their HT token even tried to buy back a bit. Although if you look at the peak in October at the rumored purchase of the exchange by Justin Sun (he just calls himself an advisor), there is a 52% drawdown.
Let's keep in mind that the exchange can not take it and admit insolvency, because then users will start withdrawing massively and it will kill the site 😳
"We are aware of the comments regarding the Huobi app and the security of user assets. Such unsubstantiated and inflammatory rumors not only damage the image of the Huobi brand, but ultimately affect the interests of Huobi users."
In their joy, their HT token even tried to buy back a bit. Although if you look at the peak in October at the rumored purchase of the exchange by Justin Sun (he just calls himself an advisor), there is a 52% drawdown.
Let's keep in mind that the exchange can not take it and admit insolvency, because then users will start withdrawing massively and it will kill the site 😳
The local bullishness in the S&P 500 continues, and bitcoin even made it to $17,300 🤑.
But buyers are cautious because Fed Chairman Jerome Powell will be speaking tomorrow and U.S. inflation data will be released on Thursday.
Both events are fraught with volatility and can both push the local bull market and give the initiative back to the bears 🤔
But buyers are cautious because Fed Chairman Jerome Powell will be speaking tomorrow and U.S. inflation data will be released on Thursday.
Both events are fraught with volatility and can both push the local bull market and give the initiative back to the bears 🤔
BTC hoarders prevail over speculators 👆
The crypto market has a large preponderance of investors who hold bitcoin for longer than 1 year. This helps keep the bitcoin price from finding a new bottom, but not enough for growth.
Growth needs a big demand and it is unlikely to occur before BTC rate reaches at least $30k again 🤔
The crypto market has a large preponderance of investors who hold bitcoin for longer than 1 year. This helps keep the bitcoin price from finding a new bottom, but not enough for growth.
Growth needs a big demand and it is unlikely to occur before BTC rate reaches at least $30k again 🤔
Waves has changed the status of the USDN steblecoin to the WIXT ecosystem index 🙄
The updated token will also be backed by a basket of coins from the Waves ecosystem, but will no longer be tied to $1.
Completion of the USDN to WIXT conversion will take place in mid-February. On this news, the token renewed its bottom again.
Somewhere in Serbia, Do Kwon read this news and shouted: "What, was that allowed?!" 😅
The updated token will also be backed by a basket of coins from the Waves ecosystem, but will no longer be tied to $1.
Completion of the USDN to WIXT conversion will take place in mid-February. On this news, the token renewed its bottom again.
Somewhere in Serbia, Do Kwon read this news and shouted: "What, was that allowed?!" 😅
How Token Unlocks Affect the Rate 🤔
Unlocking is slang for the process when some of the investors/team's tokens are unlocked and can be safely sold into the market.
On the graph you can see that 15-30 days before unlocking the token rate was growing, and after it was almost unchanged. For the sake of accuracy we took the rate of assets to BTC.
The rate is mostly influenced by token unlocks of investors, who bought with the aim to sell at a higher price. The nearest will be DYDX and STEPN.
✅ In general, if the project is large and the price is near the bottom, new coins do not dump the rate. Problems with dumping arise in small projects, where there is little demand to buy, and many people willing to sell: SWEAT, WBT, AZY...
Unlocking is slang for the process when some of the investors/team's tokens are unlocked and can be safely sold into the market.
On the graph you can see that 15-30 days before unlocking the token rate was growing, and after it was almost unchanged. For the sake of accuracy we took the rate of assets to BTC.
The rate is mostly influenced by token unlocks of investors, who bought with the aim to sell at a higher price. The nearest will be DYDX and STEPN.
✅ In general, if the project is large and the price is near the bottom, new coins do not dump the rate. Problems with dumping arise in small projects, where there is little demand to buy, and many people willing to sell: SWEAT, WBT, AZY...
According to IntoTheBlock, cryptocurrencies and stocks have started to change in price almost synchronously again after the collapse of the FTX cryptocurrency exchange. For example, the correlation between Bitcoin and the Nasdaq Index is now 0.86, with a maximum of 1. So the correlation in their value changes is very noticeable.