Honey Block

2021-08-23 17:05:06 Stablecoin Ratio signaled a bottom at $30,000?
Red circles mark market tops, green circles mark market bottoms.
This indicator is BTC reserves divided by Stablecoin reserves held on the exchanges.

A market bottom was signaled in the $30,000 range with the indicator hitting the same level as September and March 2020. Open / Comment

2021-08-23 14:01:55 Past few days we have seen an insane amount of stable coins getting deposited to spot exchanges.

I assume the recent price Rally was driven by spot purchase power, which is a healthy sign.

Large Deposits are still occurring, expecting any minor correction to be eaten up quick!

My alert is set to:
All Stablecoins Transactions Count Inflow goes above 15 on Spot Exchanges Open / Comment

2021-08-23 09:29:36 #BSCPAD + #ETHPAD + #KCCPAD + #TRONPAD IDO ANNOUNCEMENT

#NFTLaunch will be the FIRST IDO EVER TO LAUNCH ON ALL 4 LAUNCHPADS!

NFTLaunch will be the FIRST Deflationary, Charitable, Zero Gas War, Fair Distribution, NFT LAUNCHPAD..... EVER!

NFTLaunch will provide a place for Investors, Creators, and Businesses alike to come together and succeed together. NFTLaunch will be the home of Fair Distribution NDO's (NFT Decentralized Offerings), Zero Gas Wars, Charitable Donations, Free NFT Airdrops, Token Burns and much more! NFTLaunch will aim to create invaluable partnerships with some of the TOP NFT ARTISTS in the space and bring TOP TIER NDO's to our community.

The main deflationary mechanisms of NFTLaunch include a 12% fee on all token sells & early unstaking fees of up to 20%. The 12% fee will fund many different features of our platform including but not limited to: Free NFT Airdrops, Charitable Donations, Token Buy Backs and Burns, And Staking Rewards.

The NFTLaunch team knows how important it is to make the world a better place not only for today's generation but for generations to come. It is also a great way to introduce masses to Crypto and impact lives through charitable donations. Once each month the team will make a donation to different REPUTABLE charity organization.

Backed by the full force of the BlueZilla marketing department and large dedicated community and fan base we have built.

Initial TGE Market Cap: $67,500

IDO DATE: September 4TH, 2021

WHITELIST: https://app.viralsweep.com/sweeps/full/f571ab-94166?framed=1

#NFTLaunch Official links:

Website: https://nftlaunch.network

Telegram: https://t.me/NFTLaunchofficial

Telegram Ann: https://t.me/NFTLaunchann

Twitter: https://twitter.com/NFT_LAUNCH Open / Comment

2021-08-23 09:29:35 Open / Comment

2021-08-22 11:30:16 #BSCPAD + #ETHPAD IDO ANNOUNCEMENT UPDATE

The CrossSwap website is now LIVE and the IDO date has been set to Aug 27th.

https://crossswap.com

CrossSwap will change the current DEX landscape for years to come, with features never seen before. It will solve the biggest issues hindering users and projects experience on current DEXs today!

Initial TGE Market Cap: $50,000

IDO DATE: August 27th, 2021

WHITELIST: https://app.viralsweep.com/sweeps/full/2d0bbf-93420?framed=1 Open / Comment

2021-08-20 18:32:50 BTC is finding it hard to break above the $47400 level. All we need is a close above the blue box for better confirmation. A rejection from this level can possibly drop the price back to $44600 to $45800 level.
levels. Open / Comment

2021-08-20 08:31:43 HUGE A-LIST PROJECT FROM TRONPAD

SOS is excited to announce that the
@happyhippiefdn
founded by
@MileyCyrus
is the first beneficiary foundation supported by the SOS Foundation

Follow their official channels for further updates:
TG: https://t.me/THESOSFOUNDATION
Discord: http://discord.gg/qRPSbVEJck Open / Comment

2021-08-19 18:20:11 Strong USD (fiat) bid for Bitcoin Throughout this run.
One of the most interesting things through this run is strong fiat bid.
Coinbase premium has come to life not only Coinbase.
As you can see there's seem to be a strong fiat bid on other venues like Bitstamp & Gemini (All 3 has an institutional bid as well).
One can argue part of the delta is due to ALT outperformance since 30/7 but this might be(yes might, only if it continues...) a very positive change in the market structure. Open / Comment

2021-08-19 14:15:11 End of August will be the top for 200MA.

When we compare 200MA with ex cycles we see the top of the 200 is quite important for bearish trend to convince all investors.

When we see the top, the dates will be around 27th-28th August then the 200MA will start going lower, If we do no see any important price increase in coming days.

This is just a theory however 200MA will keep increasing till 27-28th then will go down and it will press the price as well.

Right now we have already seen, how hard to eliminate 200MA twice in a short period Open / Comment

2021-08-19 12:20:07 Bitcoin exchange flows have returned to a dominance of outflows through August as investors withdraw $BTC.

The market has transitioned through a number of phases of exchange flow dominance over the last year, with outflow dominance last seen in late 2020. After that bull run is started and btc reached $64k. Let's see what happens this time. IMO $100k is highly likely by the end of this year. Open / Comment