27.12.2021 Crypto Analytics Despite the fact that the co | INSIDER says (EN, ES, RU)
27.12.2021
Crypto Analytics
Despite the fact that the coming week is considered as a working week, the liquidity in the market will remain very low. The only relatively important news may be the release of December business activity indexes in China. Considering the extremely tense situation in the Chinese construction sector after the technical bankruptcy of the Evergrande construction giant, this index might contain some unpleasant surprises that would negatively influence the market. However, its publication is scheduled just before the New Year, on the night from Thursday to Friday, so the reaction to it may be a little late and appear in full measure only after the bulk of traders return to their monitors.
According to Coinglass, the decline of the first cryptocurrency on Sunday may be associated with the appearance of a new major player on the Binance exchange. It coincided with an increase of more than 60,000 BTC in wallets of the exchange in the last 4 days. This information may serve as another warning that the thin market in the coming days will remain entirely at the whales' mercy and move in the direction that suits their goals.
Forecasts will come tomorrow.
Information background
Turkish authorities have fined the local branch of cryptocurrency exchange Binance.
Source (https://cointelegraph.com/news/binance-turkey-fined-8m-lira-for-non-compliance-against-money-laundering)
Turkey's president says a bill on cryptocurrencies is ready.
Source (https://news.bitcoin.com/turkish-president-erdogan-cryptocurrency-law-ready-crypto-regulator-fines-binance-8-million-lira/)
Centralized exchanges traded $14 trillion in 2021.
Source (https://www.theblockcrypto.com/linked/128526/centralized-crypto-exchanges-14-trillion-trading-volume-2021)
SafeGuard found a virus in Telegram, which victims are cryptocurrency holders.
Source (https://www.coolwallet.io/telegram-malware-masad-steals-crypto-wallet-data-and-modifies-addresses/)
