CryptoCoin Post

2023-01-13 17:23:37 BTC was over $19k at the moment, is this already a bull market? The bet on crypto market growth still depends on Fed policy and they made some good comments yesterday regarding the inflation data release. From a hike and leave the rate at 5% for the rest of the year, to the very optimistic - we will still consider whether to raise the rate further

The drama with the potential Genesis scam has reached a new level, with the SEC suing Gemini and Genesis for selling unregistered securities at the same time. Gemini executives have already called the lawsuit far-fetched and accused the SEC that now their Earn program customers won't see their money for even longer

Polygon scheduled a hardfork for January 17 and nothing. In a really bull market, news like this pushes the price up. And meanwhile in altcoins we see the continuation of the stock taking positions, according to the principle of buying what I think is cheap

Top 3 in 24 hours:
Aptos - $6.73 (↑31.11%)
Frax Share - $6.38 (↑13.33%)
Decentraland - $0.444 (↑11.14%) Open / Comment

2023-01-11 19:17:58 day at $100. The price of BTC crawled up a bit more, following a subdued rise of 0.7% in the S&P 500. The Fed chief was kind yesterday, but JPMorgan rolled out a forecast with a 6% rate hike and brought the markets back to uncertainty .

Bitcoin is still overbought on the 4H and is drawing a bearish divergence on the RSI. It doesn't look like a local trend change yet, but a little correction to the recent growth may very well happen

Binance was allowed to buy the remaining assets of crypto-bankrupt Voyager for $1 billion. And along with that Bloomberg launched a new FUD that their BUSD stabelcoin periodically had a collateral problem of about $1 billion. But now it has been fixed, I guess

Canadian affiliate Crypto com will remove USDT and replace all user assets with USDC based on local legal rules. Stablecoin confrontation goes to a new level

Top 3 in 24 hours:
Mina - $0.5057 (↑7.47%)
WOO Network - $0.1646 (↑5.44%)
XRP - $0.3623 (↑3.78%) Open / Comment

2023-01-10 18:19:02 Bitcoin almost reached $17,400, but then the Fed spokesman's promise to raise the rate above 5% and keep it there until the end of 2023, turned the markets around sharply. And that's before the head of the regulator Jerome Powell spoke, we are waiting for him closer to tonight

BTC retained its level of $17,200 and that's good. And the participants of the crypto market kept their greed for altcoin X's, even FTT found buyers

Anecdote of the day: US prosecutors worry they don't have enough resources to investigate all the machinations of Curly Sam ♂️

The new day is a fresh Binance FUD. According to Forbes, Binance's assets are down $12 billion in the last 60 days

Top 3 in 24 hours:
Aptos - $5.50 (↑36.62%)
Gala - $0.04438 (↑16.57%)
Zilliqa - $0.0245 (↑8.19%) Open / Comment

2023-01-10 18:14:13 Breaking: Coinbase CEO Brian Armstrong Announces 20% Additional Layoff

https://bit.ly/3QwAW2I Open / Comment

2023-01-09 20:18:34 Morgan Stanley bought bitcoin. However, we are talking about one of the funds of the European division, and the purchase of GBTC shares only for $3.6 million. So BTC went up as much as $17,200 .

And BTC is also in no hurry to grow because crypto investors, greedy for X's, are in no hurry to follow Morgan Stanley's lead. They took the whole cutlet into altcoins, only Solana added 21% in 24 hours

Curly Sam has been living real curly. FTX spent $40 million in 9 months to pay for luxury apartments and food delivery. They even started a separate plane that flew them purchases from Amazon. Sam is doing pretty well now too, living in his parents' mansion, which was given to them with FTX client money

Top 3 in 24 hours:
Gala - $0.03727 (↑57.87%)
Zilliqa - $0.02608 (↑48.85%)
Solana - $16.17 (↑21.21%) Open / Comment

2023-01-04 22:24:57 The inflow of funds into the cryptocurrency industry in 2022 amounted to the equivalent of $433 million, the lowest since 2018. The volume of outflow is equal to 233 million.

In general, it looks like a typical situation during a bearish trend. Here is the relevant chart. Open / Comment

2023-01-04 22:18:08 Just In: Coinbase To Pay $100 Million Fine In New York

https://bit.ly/3Z7kPMP Open / Comment

2023-01-02 13:31:36 The new year often starts with a clean slate, let's update the knowledge about the first cryptocurrency.

How does bitcoin work?

The idea embodied in BTC by its creator Satoshi Nakamoto was to build a payment system without intermediaries, where settlements take place directly between users (sender and recipient).

Each BTC transaction on the main network goes through 7 stages:
Select recipient, transfer amount and commission.
The sender signs the transaction with a private key and sends it.
Nodes check the legitimacy of the operation and send it to the miners.
Miners add a transaction to a block.
Miners calculate the hash of the new block.
The new block is verified and added to the blockchain.
Nodes add a new block to their copy of the blockchain.

Knowledge of the algorithm gives an understanding that:
Nodes can not skip a transaction only if you do not have the required amount in BTC.
Miners can delay the processing of a transaction, but are unable to cancel it. Open / Comment

2022-12-30 23:47:43 During the year, Binance increased its share of the spot crypto market from 45% to 92%.

This is how centralization is

Friday news:

Binance has integrated the purchase of cryptocurrencies through Apple Pay and Google Pay

Bloomberg: On Sept. 8, 2 months before the FTX crash, curly-haired Sam secretly met with a Biden adviser

FBI to investigate 3Commas hack that compromised 100,000 API keys

Curly Sam cashed out $684,000 in cryptocurrency. This may be a violation of bail conditions

Crypto exchange Huobi intends to lay off 33% of employees, all bonuses will also be canceled and management salaries will be reduced

Courses:

Bitcoin - $16,541 (↓0.47%)
S&P 500 - 3,820 (↓0.75%)
Gold - $1,822 (↓0.22%)
Oil Brent - $84.04 (↑0.38%) Open / Comment

2022-12-29 22:59:10 And nothing… bitcoin continues to play stablecoin

Thursday news:

China launches state-owned NFT platform

BMW will use blockchain technology to streamline financial processes

MicroStrategy bets on product development for the Lightning Network

Dogecoin developers promised not to switch to POS

3Commas confirmed hack, better not to use their service

Courses:

Bitcoin - $16,618(↓0.11%)
S&P 500 - 3,852 (↑1.84%)
Gold - $1,774 (↑1.17%)
Oil Brent - $82.75 (↑0.80%) Open / Comment