Token Daily

2022-10-15 11:22:02 Yesterday, the US published yet another inflation data worse than expected. As a result, the markets immediately went into a correction, but rather quickly bought out the fall. Interestingly, a massive set of longs was recorded on BTC futures on this news (CryptoQuant).

The overall situation in crypto is starting to look pretty good Open / Comment

2022-10-13 09:03:27 The ~19000$ level remains one of the most important supports for bitcoin. It is here that 1.3 million wallets have already bought 680,000 BTC (IntoTheBlock).

In the event of a powerful penetration of this level down, bitcoin will have big problems, since there simply weren’t any lower volumes and, accordingly, there will be no one to support the price. Open / Comment

2022-10-13 00:04:59 Breaking: 21Shares Lists First Bitcoin ETP On Nasdaq, But There’s A Catch
https://bit.ly/3MrzRXH Open / Comment

2022-10-10 10:47:57 Globally, Bitcoin is in a zone where literally no one wants to buy, after a very long fall (CryptoQuant).

By itself, this information cannot accurately predict the bottom, but it clearly hints that the macro-day has either passed, or is somewhere very close. Open / Comment

2022-10-06 18:42:18 The relatively small amount of Bitcoin short liquidation and the concurrent rise in open interest could set off a chain reaction and trigger giant liquidations (CryptoQuant).

This is relevant for exiting the current trading both down and up. Therefore, the very first strong movement can lead to a jump in prices by 20-30%. Open / Comment

2022-10-04 16:58:44 BTC accumulation rate hits 7-year high

Bitcoins that haven't moved for 6 months or more now account for 74% of the realized capital.

In recent lows, the numbers were as follows:

- 70% in 2019
- 77% in 2015

They buy BTC and just hold on the wallet for (minimum) 6 months. Nearly 28% hold between 12 and 18 months. Open / Comment

2022-10-04 16:58:34 Binance To Develop Virtual Asset Market In Kazakhstan Amid President’s Support
https://bit.ly/3EccnUl Open / Comment

2022-10-03 22:10:43 New weekly crypto review from Glassnode:
While there is real chaos in the traditional markets, bitcoin is quite stable.

BTC has been in the range of 18000-20000 for 4 months already, this is the calm before a very strong storm.

The average break-even price for BTC miners is slightly below current values. A price move below this level can cause a lot of stress and capitulation. Open / Comment

2022-10-03 08:51:26 Bitcoin and Ethereum are behaving stronger than SP500 (Santiment) Open / Comment

2022-10-03 08:49:02 Breaking: Uniswap Labs Eyes Fundraising At $1 Billion Valuation, $UNI Price Jumps
https://bit.ly/3ClUL77 Open / Comment