Crypto | Bitcoin | Ethereum | Altcoin | News

2022-08-24 21:27:00 ETH has outperformed BTC in terms of correlation with the S&P 500.

Since mid-August, ether has established a closer correlation with the S&P 500 index, overtaking BTC in correlation. (Second picture)

I think it's no secret that crypto correlates with the Nasdaq and S&P 500 stock indices. And this fact is used by traders during market analysis.

Most likely the correlation will not subside until the ETH merger, which is due on September 15, and , the volatility of ETH and BTC will increase as the fork date approaches.

Also, ETH supply volume hit an 8-month low of 16,157,291,008 ETH today. Investors are slowly buying in anticipation of the fork.

https://t.me/Cryptocurrency_Inside Open / Comment

2022-08-24 17:44:17 Proposal to create a Uniswap Foundation passes with 86m UNI voting yes.

The Uniswap Foundation is intended to support the decentralized growth and sustainability of the Uniswap Protocol and its supporting ecosystem and community.

https://t.me/Cryptocurrency_Inside Open / Comment

2022-08-24 10:08:06 Telegram CEO Pavel Durov Hints at Web3 Integration.

Digital companies are starting to see benefits that Web3, NFTs, and user-led digital marketplaces might bring to their operations. Pavel Durov, CEO of Telegram, one of the most popular messaging services linked to crypto, has hinted at the integration of some Web3 services into the platform.

Durov examined the success of a recent domain name auction on the TON network where more than 2,000 domains were sold for prices as high as $260,000. TON is the platform that Telegram dropped in 2020 due to a restraining order requested by the U.S. Securities and Exchange Commission (SEC) for selling alleged unregistered securities.

https://t.me/Cryptocurrency_Inside Open / Comment

2022-08-24 09:51:10 ETH UPDATE:- After rejecting from the $2k resistance ETH take a support around at $1500 level. ETH is forming a symmetrical triangle like pattern in 4hr time frame. ETH needs to break and close above the $1650-$1700 zone for further bullish movement. If any candle close below $1500 level then it will be bad for ETH and Alts as well.

Let's see bulls able to break the $1700 zone or not. Stay tuned and pin our channel at the top for more updates.

https://t.me/Cryptocurrency_Inside Open / Comment

2022-08-24 09:20:05 JUST IN: Mastercard CEO says they’re working with Binance to let people spend crypto at more than 90,000,000 stores.

https://t.me/Cryptocurrency_Inside Open / Comment

2022-08-23 19:03:53 Ethereum miners' balance reaches a 3-year high

According to OKLink service, miners began to accumulate ETH in anticipation of the network's transition to PoS. Their total balance reached a three-year high, with almost 255,000 ETH accumulated

Miners currently have 254,800 ETH (~$407 million).

https://t.me/Cryptocurrency_Inside Open / Comment

2022-08-23 14:42:57 Whales move their BTC with profit

In the picture you can see a graph of the MPL.

MPL is an indicator that reflects the ratio of profits and losses over a certain period of time on the transferred asset, in this case it is a bit.

The white line on the chart is the price per bitcoin
red - loss line (volumes in $ million)
blue - profit line (volumes in $ million)

Since August 1, the profit and loss lines have repeatedly crossed. This may tell us that the whales were fixing their positions.

Don't forget, as I've already parsed in my post, moving coins is not necessarily a sale. It can be simply moving from one wallet to another.

Be like whales, trade only in +

https://t.me/Cryptocurrency_Inside Open / Comment

2022-08-23 10:47:51 BTC UPDATE:- BTC is still hovering near the lower trendline of the ascending parallel channel and currently trying to break down. If BTC breaks below this channel and $20.8k support level then it will be bad in the short term.
BTC must need to hold this support and bounce from here for continue the uptrend.

If breaks below $20.8k then next support levels are at $20k and $19.2k

We will keep updating you. Stay tuned and pin our channel at the top.

https://t.me/Cryptocurrency_Inside Open / Comment

2022-08-22 18:53:05 Cryptocom Arena will undergo a multimillion-dollar renovation — the largest in the venue's 23-year history.

New LED boards
Renovated concourses
New bars, concessions, clubs
Public plaza
Outdoor terrace

Phase I will be done by the 2022-23 NBA and NHL seasons.

Your first look inside the CryptoCom Arena located in Los Angeles, California.

https://t.me/Cryptocurrency_Inside Open / Comment

2022-08-22 17:19:19 Samsung Securities, among others planning to roll out crypto exchanges in South Korea.

Amidst this big crypto takedown, several traditional brokerages in South Korea were reportedly prepping to roll out their exchanges.

According to a recent report, seven firms had sent out applications seeking preliminary approval and establishing corporations to operate a crypto exchange.

Samsung Securities has been researching its entry into the blockchain-based security tokens market. However, the firm failed to find the staff required to formulate a crypto trading firm.

WOULD YOU use an exchange ran by a major corporation?

- Yes
- No

https://t.me/Cryptocurrency_Inside Open / Comment