TRUECRYPTOTRADER

2021-12-07 14:57:03 El Salvador buys 150 bitcoins during a sharp decline in the crypto market

El Salvador bought 150 bitcoins at an average price of $ 48.7 thousand, President Nayib Bukele said. Open / Comment

2021-12-07 10:58:12 The third largest BTC wallet knows when to buy

This time, 2,702 BTC were purchased at discounts.

The average price came out to $ 50.6 thousand for BTC, and the total amount was about $ 136.7 million. Open / Comment

2021-12-07 10:53:34 Great green crypto market, as if there weren't any leaks this weekend. And although the fear index remained in the horror zone (26 points), the purchase of altcoins is still cheap

Bitcoin at $ 51k is great news, but the main resistance is now at $ 51,800, and we can start talking about the completion of the correction with prices above $ 56k

The bears are rolling up their shorts, whether they are full, or copy their behavior in late April and early May this year. Then their activity went down after the first wave of the sale and then rose sharply when the market moved to the panic sale phase

Top 3 in 24 hours:
BitTorrent - $ 0.003498 (↑ 46.89%)
Kadena - $ 12.68 (↑ 34.03%)
Polygon - $ 2.38 (↑ 33.30%) Open / Comment

2021-12-06 21:36:33 The positive correlation of BTC - SP500 has gone up a lot. Open / Comment

2021-12-06 12:47:00 Users discovered an interesting dependence on the Bitcoin chart after large additional purchases by MicroStrategy in 2021


MicroStrategy trades always fell into drawdowns at first, but then the price moved into a new bullish cycle Open / Comment

2021-12-05 16:44:37 Results of the cryptone week:

Manipulation, fears for the S&P 500 and the absence of an inofopod led to the fall of bitcoin below $ 50k, the buyer came to the market for only $ 42k. Bitcoin corrections in 2021 end after a new hype story emerges: Tesla investments, Coinbase IPO, El Salvador adoption, US ETFs. Who will save BTC this time is still unknown

Ethereum practically won back the entire fall, while its market share grew to 21.6%. Metaverse tokens have also quickly recovered. The market still loves HYIPs and is waiting for the alt season

The share of bitcoin decreased to 40.2% - a non-standard reaction of the market, because the first cryptocurrency should lose less in price on a fall. Oldschool will say that this is an extremely bad sign, which indicates that the market is overheated and there is no demand for BTC. But it is worth considering that the old rules may no longer work

Top of the week:
• Terra - $ 72.86 (↑ 60%)
• Polygon - $ 2.15 (↑ 37%)
• Stacks - $ 2.15 (↑ 18%) Open / Comment

2021-12-05 13:35:21 Bitcoin price is trapped in a tight channel between weekly 21 MA and 50 MA. At the end of September, it was also extremely scary that if we go even lower and fail support at the weekly 50 MA

BTC still has time until the end of Sunday to close the weekly candle above the weekly 21 MA, and then everything that happened yesterday can be called a false breakout. But then the market turned sharply at the beginning of the story about the SEC and ETF, so far there are no cool news feeds on the horizon. Open / Comment

2021-12-05 11:39:54 Hacking Bitmart Exchange

Security flaw cost about $ 150 million

Hot wallets were hacked and used for daily exchanges. They stored about 0.5% of all user funds.

The consequences would be much more serious if cold wallets were hacked. The remaining 99% of the funds lay on them. Open / Comment

2021-12-04 18:17:15 SUSHI.

Were added more to the portfolio. Open / Comment

2021-12-04 17:08:01 Cryptanalyst Willy Woo cited spoofing as one of the reasons for today's drop in BTC. Market manipulated through false orders on Binance

What is spoofing?

Spoofing is a way to manipulate financial markets by misleading its participants by creating false orders to buy / sell an asset.

Spoofing appeared long before the launch of Bitcoin and is a prohibited practice in all financial markets. But in cryptocurrencies, the regulation rules are still extremely weak.

The principle of spoofing is to place orders that create the appearance of a large seller / buyer in the market. The rest of the traders are guided by a large player, for example, seeing the appearance of large volumes for sale, they themselves begin to sell. At the same time, there is no whale on the market at this moment, and when the price reaches its orders, they will simply be canceled. Open / Comment