Adoption of Self custody will boost DeFi chains rather than Bitcoin. Chains like (ERC20, BEP20, and TRX) holds the majority of the stablecoins volume.
Hence tokens can be easily Swapped only within the same chains by using the Swaps/Apps (Metamask, TrustWallet, Ledger, PanCakeSwap) of these chains.
As a result, purchasing Bitcoin in the DeFi Ecosystem will be somewhat difficult.
The majority of people will purchase Wrapped Bitcoin (WBTC), an ETH version of bitcoin by using USDDT ERC20 and by paying ETH as GAS Fees.
Some will understand it now, while others will understand later.
CEX is dead. Everything is DeFI, and ETH is the King of DeFi.
Due to its role as an oxygen for the DeFi Ecosystem, ETH will undoubtedly flip bitcoin during the upcoming bullrun.
@Coin_Signals
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Coin Signals
The result is instead printing of additional 706,862 ETH supply since the Merge, the total supply decreased by 6091 ETH. 📉
📈 If a bullish cycle appears, it will lead to increased network usage, thus increasing gas prices, more fees burn.
This will result in a more substantial decrease in the token’s supply, and a possible parabolic price surge might appear. 🚀🚀🚀🚀
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As long as the daily candle does not close above $17.2k, where BTC is currently facing significant resistance, we can expect to see $15,000.
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🚨🚨🚨 The 3rd largest #Bitcoin whale wallet has sent 2000 BTC to the Coinbase exchange.
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Forwarded from Crypto News
🚨 #Genesis Crypto-Lending Unit Is Halting Customer Withdrawals in Wake of $FTX Collapse
@Crypto_Cue | link
@Crypto_Cue | link
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Fin Watch
⚡️ After the risk of #FTX liquidity issues spread, exchanges that announced that they would be issuing proof of reserves: #OKX #Binance #KuCoin #BitMEX #Gate #Polonix #Huobi #Deribit #Bybit #Deepcoin #Bitget @Fin_Watch
📊 Today Huobi and Bybit announced their cold wallet reserves.
At present, among the major exchanges, only
🚨 Gate_io
🚨 MEXC_Global
🚨 BitgetGlobal
have not announced their cold wallet addresses and 100% user reserves.
At present, among the major exchanges, only
🚨 Gate_io
🚨 MEXC_Global
🚨 BitgetGlobal
have not announced their cold wallet addresses and 100% user reserves.
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Forwarded from Crypto News
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Coin Signals
🚨 Crypto exchange Gemini reports broad outage, says client funds 'secure' Several hours earlier, Gemini announced that its Earn unit will be unable to meet customer redemptions.
⚡️ Gemini exchange fully back online; all customer funds held on the Gemini exchange are held 1:1 and available for withdrawal at any time.
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Forwarded from Vip CoinSignals
➡️ SHORT DOTUSDT
❇️ Entry: 5.94000000 - 6.29640000
☑️ Target 1: 5.58360000
☑️ Target 2: 5.22720000
☑️ Target 3: 4.87080000
☑️ Target 4: 4.51440000
⛔️ Stoploss: 6.48529200
💫 Leverage : 5x
❇️ Entry: 5.94000000 - 6.29640000
☑️ Target 1: 5.58360000
☑️ Target 2: 5.22720000
☑️ Target 3: 4.87080000
☑️ Target 4: 4.51440000
⛔️ Stoploss: 6.48529200
💫 Leverage : 5x
❤27👍20🐳6
Forwarded from Vip CoinSignals
➡️ SHORT ENSUSDT
❇️ Entry: 13.18000000 - 13.90
☑️ Target 1: 12.51150000
☑️ Target 2: 11.85300000
☑️ Target 3: 11.19450000
☑️ Target 4: 10.53600000
⛔️ Stoploss: 14.47421250
💫 Leverage : 5x
❇️ Entry: 13.18000000 - 13.90
☑️ Target 1: 12.51150000
☑️ Target 2: 11.85300000
☑️ Target 3: 11.19450000
☑️ Target 4: 10.53600000
⛔️ Stoploss: 14.47421250
💫 Leverage : 5x
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Forwarded from Vip CoinSignals
Vip CoinSignals
➡️ SHORT ENSUSDT ❇️ Entry: 13.18000000 - 13.90 ☑️ Target 1: 12.51150000 ☑️ Target 2: 11.85300000 ☑️ Target 3: 11.19450000 ☑️ Target 4: 10.53600000 ⛔️ Stoploss: 14.47421250 💫 Leverage : 5x
Binance Futures, ByBit USDT
#ENS/USDT Take-Profit target 1 ✅
Profit: 25.4173% 📈
Period: 21 Hours 43 Minutes ⏰
#ENS/USDT Take-Profit target 1 ✅
Profit: 25.4173% 📈
Period: 21 Hours 43 Minutes ⏰
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Coin Signals
We are talking about 10 - 25% movements.
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There is one whale 🐳 who is scooping 25-50 bitcoins worth approx $2 million everyday since All time high!
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Forwarded from Crypto News
@Crypto_Cue | link
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Forwarded from Crypto News
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