Crypto | Bitcoin | Ethereum | Altcoin | News

2022-08-22 16:06:14 Samsung files to launch #Bitcoin  and crypto exchange in South Korea in 2023

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

2022-08-22 14:11:32 NFT Brands Case Study Overview.

Performance analysis of large brand' NFT projects on Ethereum Blockchain.

Nike is the leader among all brands.

Adidas should build on Cardano because it has always been the counter culture but with better products.

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2022-08-22 12:15:04 ETH as well as BTC is actively accumulated by small and medium-sized investors

The number of addresses containing more than 10 coins has now reached 314,521 ATH(First picture).

The number of addresses containing more than 100 coins reached a 16-month high of 45,559 today(Second picture).

The number of non-zero addresses has now reached ATH 85,252,481(Third picture).

As in the case of BTC, the massive buying of ETH by small and mid-sized investors tells us that most believe that the fall is over and growth is ahead. And as you and I know, the market almost always goes against the crowd.

But let's not forget that there will be a transition of ether on September 15, and there is a mass buying of ETH.

ETH
BTC

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2022-08-22 11:13:36 South Koreans Will Have to Pay A Heavy Gift Tax on Crypto Airdrops.

As per the latest reports, the Ministry of Strategy and Finance is looking to introduce a new gift tax on airdrops for crypto assets. Earlier today, August 22, the ministry was responding to a tax law interpretation for freely transferable cryptocurrencies, and whether they can implement the gift tax for the same.

Crypto Gift Taxes to be Between 10-50% Citing tax authorities, South Korea’s local news publication reported that taxes on the capital gains from virtual assets will begin in 2025

Should people pay tax for airdrop

- Yes
- No

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2022-08-21 19:37:08 ‘Something Worse’ Than a Recession Could Be On Its Way, Says JPMorgan CEO Jamie Dimon.

Adding to the fear, Dimon stated on a client call that even though the US economy is robust and businesses and consumer balance sheets are in good shape, there are storm clouds ahead.

JPMorgan CEO now believes that a mild recession has a 20% to 30% possibility, while a severe recession has the same odds due to increased fed rates, quantitative tightening, oil shocks, the conflict in Ukraine, and escalating U.S. tensions with China.

He predicts that something worse could be the remaining outcome and adds that it is a mistake to point to a particular forecast about the fate of the US economy.

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2022-08-21 16:12:24 The surrender of the miners ended yesterday
Charles Edwards, the founder of Capriole, came to such conclusions based on the data of his own Hash Ribbon indicator.
The capitulation was observed for 71 days — this is the third value in history. This zone lasted longer than in 2021, and was only two days shorter than the capitulation of 2018, when the price fell to $ 3,100.
According to Hash Ribbon, the surrender of miners is a situation where the cost of equipment maintenance exceeds the price of bitcoin for a long time. The indicator can be used to determine long-term trends.
#Hash_Ribbons

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2022-08-21 15:03:04 BTC UPDATE:- BTC is still holding the support of the $20.8k level perfectly so far which is a good sign. As long as BTC holds this support we can expect a good bounce. There is not much movement on weekend so possibly we see a good movement on Monday. Resistances for BTC are at $21.8k and $22.5k levels. Let's see how we got this weekly close and how the price reacts on Monday's opening.

Till then enjoy your weekend with friends and family. Stay tuned and pin our channel at the top.

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2022-08-20 18:51:24 Federal Reserve Board issues letter to banks: "The emerging crypto-asset sector presents potential opportunities to banking organizations, their customers, and the overall financial system".

Source

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2022-08-20 16:40:08 XRP has dumped more than 10% in the last two days, have the whales begun to sell?

Yesterday and today there is high activity near XRP, a large number of transactions with volumes >$100mln were recorded.

Those who follow the channel paid attention to the fact that among the big purchases of ETh whales in the last two weeks, very often appeared XRP.

In the last two days, there were more than 130 transactions with volumes >$100 million. And XRP itself fell more than 10% in two days. Its capitalization is down to $16.9 billion.

Based on IntoTheBlock data, addresses with balances over 20,000,000 XRP hold more than 78% of the coin's total supply. To put it more simply, the big players and whales now dominate. There are more than 1,000 of them.

This is the biggest drop in XRP since May 11. Are there any XRP holders among you?

ARE YOU buying more now?

- Yes
- No

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2022-08-20 13:22:22 Bitcoin is trading below 200 WMA again.

Buyers have Saturday and Sunday to return the price above $23k or renew the bottom.

BTC closes the week above 200 WMA ($23k):

- Yes
- No

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