Crypto | Bitcoin | Ethereum | Altcoin | News

2024-05-02 09:22:19 Tether's Q1 2024 report details significant financial growth and increased transparency:

A record Q1 net profit of $4.52bn, mainly from US Treasury holdings and gains in Bitcoin and Gold
For the first time, Tether disclosed a net equity of $11.37bn, showcasing enhanced transparency
90% of Tether-issued tokens are backed by cash and cash equivalents, ensuring robust liquidity
Its strategic investments exceed $5bn in areas like AI and renewable energy

@Cryptocurrency_Inside Open / Comment

2024-05-01 23:07:54 Bitcoin and a handful of altcoins were down around 7%-10% over the last 24 hours. Here are several factors:

1. Several macro data is being released this week and had investors spooked. Particularly, there is a declining probability of US interest rate cuts this month, and rumors of possible rate hike considerations

2. Over the last 24 hours, 115,804 traders were liquidated for a whopping $387.91m.

3. US Spot BTC ETFs saw an outflow of $161m yesterday

4. Hong Kong’s Bitcoin and Ether ETFs failed to meet expectations

5. RSI divergence indicators suggest a bearish trend, as it was in the "overbought" area during the US BTC ETFs launch

6. More BTC miners approach shutdown levels amid price drop below $57,000

It is important to note that during the 2015-2017 bull market, over 13 different 20% pullbacks occured. Price swings are quite normal and sometimes good for the markets.

@Cryptocurrency_Inside Open / Comment

2024-03-30 19:32:52 The selfless legend of Satoshi Nakamoto

Clip by Bit Intelligence

@Cryptocurrency_Inside Open / Comment

2024-03-26 00:39:24 The latest report from S&P Global Market Intelligence reveals the world's top 50 largest banks by consolidated assets, highlighting the significant growth of Chinese banks:

Industrial and Commercial Bank of China — $5.7tn
China Construction Bank — $5.0tn
Agricultural Bank of China — $4.9tn
Bank of China — $4.2tn
JPMorgan Chase & Co — $3.7tn
Bank of America — $3.1tn
Mitsubishi UFJ Financial Group — $3.0tn
HSBC Holdings — $2.9tn
BNP Paribas — $2.9tn
Crédit Agricole Group — $2.5tn

@Cryptocurrency_Inside Open / Comment

2024-03-23 11:50:21 Self-custody is now illegal in EUROPE !

Any cash payment above €10,000 will become illegal, while also anonymous cash payments above €3,000.

Payments made in cryptocurrencies will be prohibited through unidentified wallets. This includes any self-custody wallet provided by mobile, desktop, or browser applications.

@Cryptocurrency_Inside Open / Comment

2024-03-09 19:27:54 : Blackrock CEO Larry Fink on live TV:

“Bitcoin could be a great long-term store of value and If you are fearful of your goverment then it is the best cross border asset for you."

@Cryptocurrency_Inside Open / Comment

2024-03-07 11:43:44 Bitcoin miners earned the second highest daily revenue yesterday: $75.9M.

The record is $77.3M on April 14, 2021.– Link

@Cryptocurrency_Inside Open / Comment

2024-03-05 19:20:24 Over the past 24 hours, 197,853 traders were liquidated, the total amount of liquidations is ~ $657.03 million

The largest single liquidation order occurred on Binance - BTC/USDT worth $8.23M

@Cryptocurrency_Inside Open / Comment

2024-03-01 00:57:31 BTC is about to close monthly candle. Possible volatility until the close of the weekly candle.

BTC is up +313% since its low at $15k.

@Cryptocurrency_Inside Open / Comment

2024-02-04 21:43:29 According to the data, publicly-traded entities with the largest BTC holdings include:

Grayscale: 487,026 BTC
MicroStrategy: 189,150 BTC
BlackRock: 66,200 BTC
Fidelity: 59,224 BTC
Purpose Investments: 32,318 BTC

@Cryptocurrency_Inside Open / Comment