Crypto Ocean

2023-03-30 20:42:02 BTC dominance and who it dominates
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We realized from yesterday's post about the Greed and Fear Index that a large number of people didn't know what it was. Today we have a post on a similar topic: Bitcoin dominance

It should come as no surprise to anyone that bitcoin is the dominant crypto-asset, given its years of existence in the market.

When analyzing the market, there are 3 main criteria used:

• Market capitalization.
• Fear and Greed Index
• Bitcoin dominance

BTC dominance is the ratio of the market capitalization of bitcoins to the total market capitalization of the entire cryptocurrency market. It gives an idea of the value of BTC compared to other cryptocurrencies.

What does dominance show?
This index is important for understanding the overall direction of the market. If the index is declining, it means that investors have rushed towards altcoins. This shows their confidence to take risks to find new gems.

If altcoins are actively selling and moving into bitcoin, it means that risk aversion is growing in the market and there is a shift to a more stable cryptocurrency.

Bitcoin dominance indicator is very simple to understand, as it is calculated only from the ratio of two values, but it is very effective.

Do you use the Bitcoin dominance indicator when analyzing the market?

Yes -
No -

Crypto_Ocean Open / Comment

2023-03-30 18:32:09 Bitcoin logo projected onto the European Central Bank

Bitman has once again put on a show, this time advocating for improved crypto literacy among Frankfurt residents.
The BTC logo has been projected onto the ECB with the message "Study Bitcoin."

According to the author, he wants to bring attention to the concept of "healthy money" and highlight cryptocurrencies as a viable option.

Crypto_Ocean Open / Comment

2023-03-30 13:56:57 Morning market conditions:

The market is sideways today, some alts are green, some are red. BTC is now trading above $28,500, ETH is trading around $1,800.

Bitcoin dominance: 47.89%;
Fear and Greed Index: 60 (greed);
Altseason Index: 27;
Market capitalization: $1.153 trillion.

Crypto_Ocean Open / Comment

2023-03-29 19:22:01 Filling out the form and trying to collect a pool of $200,000

LimeWire is a social content sharing platform, for interactions with their social network, users will be paid project tokens.

Investment: raised $10.4 million from Crypto.com, Blockchain Foundation, Arrington Capital, Kraken Ventures and others.

The project has now launched a promotion, you need to go to the site and enter your email. Top 4,000 users are rewarded in their token, valued at $209,790 for the private round, but the token is not out yet

What to do?

1. Go to the website
2. Type in your email
3. Confirm the mail, the message comes right away.
4. Invite your friends, the only way you can move up in the top
5. If you do not have friends, just abuse

Soon is planned token listing, the project is still raw, but they have collected enough money and obviously want to share with the community. So, it's worth spending some time on this activity.

Crypto_Ocean Open / Comment

2023-03-29 15:12:01 How to make money on Testnet?
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Today we will deal with testnets and find out what kind of activity they are and why they are needed!

Participation in various testnets is a very interesting activity, which crypto-projects conduct and sometimes reward their participants.

Testnet is an opportunity to earn money for users who test the functionality of a blockchain network. This is done in order to report problems early on and solve them as soon as possible, for it concerns digital security and money.

How are testnets set up?
- Crypto-projects that have not yet gone public invite users to try their functionality.
- Users are rewarded with NFTs, project tokens, or discounts.
- Rewards can be announced in advance or after testing.
- Often the rewards depend on the contribution of the participant - the biggest rewards go to those who found significant bugs or bugs.

The most common reward in the testnet is the project's own tokens. It happens that after they are released to the public, their price increases, and the owner has a nice sum in his account.

Yes, not every testnet is lucky, of course, but, given that their passage usually takes a couple of minutes, it is a good opportunity to earn without risk and investment. It is worth carefully selecting a good project and only after a thorough analysis give it your time, because the passage testnet does not give a 100% guarantee of getting a drop from the project.

Have you ever participated in Testnets?

- Yes
- No

Crypto_Ocean Open / Comment

2023-03-29 12:01:00 Morning market conditions:

The market is on the plus side today, most of the alts are green. BTC is now trading above $27,500, ETH is trading around $1,800

Bitcoin dominance: 47.21%;
Fear and Greed Index: 57 (greed);
Altseason Index: 24;
Market capitalization: $1.27 trillion.

Crypto_Ocean Open / Comment

2023-03-29 11:00:50 The VIP channel of an important analyst friend who has achieved success with his analysis is now free for everyone. 

He says he's converting it for free for good improvements in his life.

Enjoy fast signals.

https://t.me/+9Z4p0dD-9dFmMTI0

The link will be deleted after 100 members join! Open / Comment

2023-03-28 19:02:09 TOP 15 DEFI PROJECTS BY TOTAL VALUE LOCKED (TVL) / FULLY DILUTED MARKET CAP (FDMC) RATIO

TVL/FDMC ratio can give an understanding of the long-term growth potential of an asset and whether it’s undervalued or overvalued. A ratio above 1 may tell us that the asset is undervalued. A higher ratio may imply that the asset has more potential to grow. We took into consideration projects with TVL>$100M

Crypto_Ocean Open / Comment

2023-03-28 15:17:00 Microstrategy: Acquired 6,455 Bitcoins for Approximately $150.0 Million, at an Average Price of $23,238 Per Bitcoin

MicroStrategy said it now holds 138,955 BTC acquired for approxiamtely $4.14 billion at an average price of $29,817

The pro-Bitcoin firm added that it prepaid the principal of $161 million on its loan from failed crypto-friendly bank Silvergate Bank.
According to the filing, the 34,619 BTC held as collateral for the loan has been released

Crypto_Ocean Open / Comment

2023-03-28 12:04:59 G-7 Nations Advocate for Stricter Cryptocurrency Regulations

The Group of Seven (G-7) nations have agreed to push for tighter cryptocurrency regulations in response to concerns over illicit activities such as money laundering and terrorist financing.

They plan to develop a comprehensive regulatory framework to increase transparency and accountability in the digital asset market while maintaining a balance between regulation and innovation.

The success of this initiative relies on the G-7's ability to create a secure environment for the cryptocurrency market without hindering its growth and innovation potential.

Crypto_Ocean Open / Comment