Token Daily

2022-09-17 17:43:10 Whalemap, meanwhile, is afraid that if the cluster with a key volume of 19000-20000 is broken down, then the next significant support will be only the level of 13000-14000.

Of course, they didn’t say anything fundamentally new, but the gap in volumes on the chart looks really frightening. Open / Comment

2022-09-15 16:35:43 The Merge update has been successfully launched on the Ethereum network. The event is truly unique. Thanks to him, Ethereum switched to Proof of stake consensus, which will automatically reduce emissions and network energy consumption by more than 99%. Emissions will also fall by more than 90%.

By reducing the cost of electricity and equipment, there will be no need for daily sales of the received remuneration. Previously, it was 13.5 thousand ETH per day. All this, coupled with burning some of the coins, will help make Ethereum deflationary (or at least micro-inflationary).

Buterin also stated that in the future, the Ethereum network will be able to overtake the bandwidth of Visa and reach 100,000 transactions per second.

Today the price of ETH is around $1600. And given all the positive changes, it will be interesting to compare it in a year, two, and so on. It all looks very, very promising. Open / Comment

2022-09-13 12:40:25 There are rumors that the next bitcoin halving may not happen in April-May 2024, but in the fourth quarter of 2023 due to the growing hashrate.

Most likely, this will remain at the level of speculation. But something else is interesting: historically, bullish cycles began plus or minus a year before the halving of the reward for block mining. In theory, this means that the next bull run may not start until Q2 or Q3 2023. Until that time (again - historically) there was either a long turbulence in the outset, or a correction continued. Potentially, this is our scenario for another six months or even more.

At the same time, it should be understood that each subsequent halving has an ever smaller impact on the turnover/trading of BTC (more than 90% have already been mined). Therefore, I no longer expect a grandiose growth of the main cryptocurrency, the main focus will gradually shift towards altcoins. Open / Comment

2022-09-11 11:30:19 On the last fall of bitcoin to $18,500, Whalemap recorded a surge in large transactions (more than 1,000 transfers of more than $20 million each).

Today, in turn, Cryptoquant notes the growth of bitcoin transactions in the over-the-counter market (OTC).

Considering that the price of BTC has been sideways all summer and managed to form a double bottom, today's growth looks promising. The activity of the whales only adds to this confidence. Open / Comment

2022-09-10 13:59:30 Just-In: Is This A Crypto Market Recovery? Here’s Why There’s More To It
https://bit.ly/3xbqxRf Open / Comment

2022-09-06 20:22:39 There are only 9 days left before the ETH Merge update. After switching to proof of stake, Ether could become even more deflationary (Glassnode).
In turn, this will make the coin even more attractive for long-term investment Open / Comment

2022-09-04 09:45:45 Just-In: Aave Community Takes Major Decision Before The Ethereum Merge
https://bit.ly/3TEr33W Open / Comment

2022-09-02 11:18:34 Meanwhile, the Puell multiplier (I wrote about it recently - one of the most reliable in the history of BTC) is starting to leave the oversold zone.

Up to this point, each such reversal of the multiplier coincided with the formation of a macro bottom. Open / Comment

2022-08-30 19:54:45 The number of lost bitcoins has reached an incredible mark of 4.7 million coins (cryptorank).
Almost every fourth BTC from the current turnover is lost forever. Open / Comment

2022-08-26 21:07:16 Forbes estimated the percentage of fake bitcoin trading volumes on different exchanges. The results are disappointing: half of the transactions with BTC are fake (if not more) Open / Comment