📉FTX chief predicted the collapse of small crypto exchanges
❗️The head of cryptocurrency exchange FTX Sam Bankman-Fried has said that some platforms for trading digital assets will not survive the crypto winter. According to him, “there are some third-tier exchanges that are already secretly insolvent.”
https://getblock.net/en/news/ftx-chief-predicted-the-collapse-of-small-crypto-exchanges
❗️The head of cryptocurrency exchange FTX Sam Bankman-Fried has said that some platforms for trading digital assets will not survive the crypto winter. According to him, “there are some third-tier exchanges that are already secretly insolvent.”
https://getblock.net/en/news/ftx-chief-predicted-the-collapse-of-small-crypto-exchanges
🤔BitFury CEO called the main task of cryptocurrencies
📢Brian Brooks, CEO of Bitfury Group, shared his views on cryptocurrencies and market volatility during the Aspen Ideas Festival. According to him, the main goal of cryptocurrencies is not to replace fiat money, but to create an alternative system of transmitting value by forming networks in which control belongs to users, not to the management of banks. Brooks believes that with this approach to looking at cryptocurrencies, their rates are not a relevant indicator.
https://getblock.net/en/news/bitfury-ceo-called-the-main-task-of-cryptocurrencies
📢Brian Brooks, CEO of Bitfury Group, shared his views on cryptocurrencies and market volatility during the Aspen Ideas Festival. According to him, the main goal of cryptocurrencies is not to replace fiat money, but to create an alternative system of transmitting value by forming networks in which control belongs to users, not to the management of banks. Brooks believes that with this approach to looking at cryptocurrencies, their rates are not a relevant indicator.
https://getblock.net/en/news/bitfury-ceo-called-the-main-task-of-cryptocurrencies
Bitcoin
Sellers continue to dominate the market. Bitcoin price has fallen to the lower edge of the emerging wedge. The asset may find support at the level of $19-19,500 and start sideways trading. In case this level is broken and fixed below, bitcoin rate will continue to decline to the next support near $18,500.
The material is not an investment recommendation and is published for information purposes only. Remember: technical analysis does not guarantee successful trading, as it is based on historical data only.
https://getblock.net/en/market-analysis/btc-review-dated-30062022
#BTC #Analytics
Sellers continue to dominate the market. Bitcoin price has fallen to the lower edge of the emerging wedge. The asset may find support at the level of $19-19,500 and start sideways trading. In case this level is broken and fixed below, bitcoin rate will continue to decline to the next support near $18,500.
The material is not an investment recommendation and is published for information purposes only. Remember: technical analysis does not guarantee successful trading, as it is based on historical data only.
https://getblock.net/en/market-analysis/btc-review-dated-30062022
#BTC #Analytics
✅Russia conducted its first DFA issuance and placement operations
🇷🇺On June 28, the first operations on the issuance and placement of digital financial assets (DFAs) secured by cash claims took place in Russia. The receivables pool was tokenized on the platform of Lighthouse, an information system operator, the issue was bought by VTB Factoring. This is reported by Kommersant, citing participants in the transaction. The issuer and the volume of the placement were not disclosed, it is specified only that "the liquidity has been attracted for operational activities.”
https://getblock.net/en/news/russia-conducted-its-first-dfa-issuance-and-placement-operations
🇷🇺On June 28, the first operations on the issuance and placement of digital financial assets (DFAs) secured by cash claims took place in Russia. The receivables pool was tokenized on the platform of Lighthouse, an information system operator, the issue was bought by VTB Factoring. This is reported by Kommersant, citing participants in the transaction. The issuer and the volume of the placement were not disclosed, it is specified only that "the liquidity has been attracted for operational activities.”
https://getblock.net/en/news/russia-conducted-its-first-dfa-issuance-and-placement-operations
⚡️Santiment recorded the highest activity on the Chainlink network for 5 years
📊Analysts at Santiment have recorded a record activity on the Chainlink (LINK) decentralized oracle network for 5 years. On June 28, 80,8 million unique LINK tokens were moved by users. This is the largest figure since the initial coin offering (ICO) in September 2017.
https://getblock.net/en/news/santiment-recorded-the-highest-activity-on-the-chainlink-network-for-5-years
📊Analysts at Santiment have recorded a record activity on the Chainlink (LINK) decentralized oracle network for 5 years. On June 28, 80,8 million unique LINK tokens were moved by users. This is the largest figure since the initial coin offering (ICO) in September 2017.
https://getblock.net/en/news/santiment-recorded-the-highest-activity-on-the-chainlink-network-for-5-years
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📲HTC released NFT-enabled smartphone with the Viverse metaverse
👍Taiwan-based HTC has released the Desire 22 Pro smartphone, the main feature of which is support for NFT and the Viverse metaverse. Using the phone and HTC VR headset, users will be able to access virtual content. The company also introduced the Viverse Wallet, designed to store and manage digital assets and non-fungible tokens.
https://getblock.net/en/news/htc-released-nft-enabled-smartphone-with-the-viverse-metaverse
👍Taiwan-based HTC has released the Desire 22 Pro smartphone, the main feature of which is support for NFT and the Viverse metaverse. Using the phone and HTC VR headset, users will be able to access virtual content. The company also introduced the Viverse Wallet, designed to store and manage digital assets and non-fungible tokens.
https://getblock.net/en/news/htc-released-nft-enabled-smartphone-with-the-viverse-metaverse
💡Crypto analyst Michaël van de Poppe called three promising altcoins
📢Cryptoanalyst Michaël van de Poppe has identified three altcoins that could soon move into a growth phase. He listed Ethereum (ETH), Fantom (FTM) and Ripple (XRP) as promising assets. On Twitter, the analyst talked more about each of them.
https://getblock.net/en/news/crypto-analyst-michael-van-de-poppe-called-three-promising-altcoins
📢Cryptoanalyst Michaël van de Poppe has identified three altcoins that could soon move into a growth phase. He listed Ethereum (ETH), Fantom (FTM) and Ripple (XRP) as promising assets. On Twitter, the analyst talked more about each of them.
https://getblock.net/en/news/crypto-analyst-michael-van-de-poppe-called-three-promising-altcoins
💰MicroStrategy added 480 bitcoins worth $10 million
💻Analytics software company MicroStrategy has bought 480 bitcoins worth $10 million. The company's CEO Michael Saylor announced this on Twitter. According to him, the bitcoins were purchased at a price of $20 817. As of June 28, MicroStrategy has 129 699 BTC on its balance sheet, which were acquired for slightly less than $4 billion (at an average price of $30 664).
https://getblock.net/en/news/microstrategy-added-480-bitcoins-worth-10-million
💻Analytics software company MicroStrategy has bought 480 bitcoins worth $10 million. The company's CEO Michael Saylor announced this on Twitter. According to him, the bitcoins were purchased at a price of $20 817. As of June 28, MicroStrategy has 129 699 BTC on its balance sheet, which were acquired for slightly less than $4 billion (at an average price of $30 664).
https://getblock.net/en/news/microstrategy-added-480-bitcoins-worth-10-million
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🇷🇺Central Bank called the condition for the legalization of mining in Russia
📢The Bank of Russia has announced a condition under which the regulator is ready to consent to legalize cryptocurrency mining in the country. Kirill Pronin, Director of the Financial Technology Department at the Central Bank, noted that this is possible only if the implementation of miners’ proceeds in the form of digital assets takes place outside of Russia.
https://getblock.net/en/news/central-bank-called-the-condition-for-the-legalization-of-mining-in-russia
📢The Bank of Russia has announced a condition under which the regulator is ready to consent to legalize cryptocurrency mining in the country. Kirill Pronin, Director of the Financial Technology Department at the Central Bank, noted that this is possible only if the implementation of miners’ proceeds in the form of digital assets takes place outside of Russia.
https://getblock.net/en/news/central-bank-called-the-condition-for-the-legalization-of-mining-in-russia
🔍Coinbase provided the US authorities with software to track crypto transactions
🇺🇸The Intercept, an investigative journalism outlet, has published details of the contract that cryptocurrency exchange Coinbase entered into with the US authorities in 2021. According to the contract, the platform provided the Immigration and Customs Enforcement (ICE), part of the Department of Homeland Security (DHS), with Coinbase Tracer, an analytics software, to track transactions and historical geolocation data of shipments. It is noted that between the parties there is no license agreement that imposes restrictions on the use of the tool.
https://getblock.net/en/news/coinbase-provided-the-us-authorities-with-software-to-track-crypto-transactions
🇺🇸The Intercept, an investigative journalism outlet, has published details of the contract that cryptocurrency exchange Coinbase entered into with the US authorities in 2021. According to the contract, the platform provided the Immigration and Customs Enforcement (ICE), part of the Department of Homeland Security (DHS), with Coinbase Tracer, an analytics software, to track transactions and historical geolocation data of shipments. It is noted that between the parties there is no license agreement that imposes restrictions on the use of the tool.
https://getblock.net/en/news/coinbase-provided-the-us-authorities-with-software-to-track-crypto-transactions
⚠️OpenSea reported leak of user data
📢Representatives of the OpenSea NFT marketplace reported a leak of personal data of the platform’s users. An employee of the Customer.io service, whose services the company used to send mailings, provided the data to a third party. OpenSea warned users about possible phishing attempts and the company also contacted law enforcement agencies to investigate the incident.
https://getblock.net/en/news/opensea-reported-leak-of-user-data
📢Representatives of the OpenSea NFT marketplace reported a leak of personal data of the platform’s users. An employee of the Customer.io service, whose services the company used to send mailings, provided the data to a third party. OpenSea warned users about possible phishing attempts and the company also contacted law enforcement agencies to investigate the incident.
https://getblock.net/en/news/opensea-reported-leak-of-user-data
⚡️Elliptic: North Korean hackers may be behind Harmony hack
💻Analysts at Elliptic said that the Lazarus Group hacker group from North Korea may be behind the Horizon bridge hack on the Harmony network. The exploit was carried out by compromising multi-signature wallet cryptographic keys, likely using social engineering techniques against members of the Harmony team. It is noted that this method was frequently used by the Lazarus hackers.
https://getblock.net/en/news/elliptic-north-korean-hackers-may-be-behind-harmony-hack
💻Analysts at Elliptic said that the Lazarus Group hacker group from North Korea may be behind the Horizon bridge hack on the Harmony network. The exploit was carried out by compromising multi-signature wallet cryptographic keys, likely using social engineering techniques against members of the Harmony team. It is noted that this method was frequently used by the Lazarus hackers.
https://getblock.net/en/news/elliptic-north-korean-hackers-may-be-behind-harmony-hack
⚡️Number of bitcoin millionaires declined by 75% amid market downturn
💰The number of bitcoin millionaires has decreased by more than 75% since November 2021. As of June 30, only 26 284 addresses contain more than $1 million in assets, according to Cointelegraph. On November 12, 2021 — after the first cryptocurrency hit its all-time high (ATH) of $69 044 — the number of millionaire wallets was 108,886.
https://getblock.net/en/news/number-of-bitcoin-millionaires-declined-by-75-amid-market-downturn
💰The number of bitcoin millionaires has decreased by more than 75% since November 2021. As of June 30, only 26 284 addresses contain more than $1 million in assets, according to Cointelegraph. On November 12, 2021 — after the first cryptocurrency hit its all-time high (ATH) of $69 044 — the number of millionaire wallets was 108,886.
https://getblock.net/en/news/number-of-bitcoin-millionaires-declined-by-75-amid-market-downturn
🚀Europe to launch first spot bitcoin ETF
📢Jacobi Asset Management has announced the launch of Europe's first spot exchange-traded bitcoin fund, the Jacobi Bitcoin ETF. The Euronext Amerstdam exchange will list the asset under the ticker BCOIN in July 2022. It will be available to institutional and professional investors, with a fee of 1,5% per annum.
https://getblock.net/en/news/europe-to-launch-first-spot-bitcoin-etf
📢Jacobi Asset Management has announced the launch of Europe's first spot exchange-traded bitcoin fund, the Jacobi Bitcoin ETF. The Euronext Amerstdam exchange will list the asset under the ticker BCOIN in July 2022. It will be available to institutional and professional investors, with a fee of 1,5% per annum.
https://getblock.net/en/news/europe-to-launch-first-spot-bitcoin-etf
📉Prices of ASIC miners fell to lowest since January 2021
🔌ASIC miner prices have fallen to their lowest value since January 2021, reported Arcane Research analyst Jaran Mellerud. He believes that the downward trend in prices is likely to continue in the near future. The reason is the reduction of profits from cryptocurrency mining. In addition, large mining companies that have bought equipment on debt and are unable to repay it due to low profitability will be forced to sell rigs, which will collapse prices even further, the expert believes.
https://getblock.net/en/news/prices-of-asic-miners-fell-to-lowest-since-january-2021
🔌ASIC miner prices have fallen to their lowest value since January 2021, reported Arcane Research analyst Jaran Mellerud. He believes that the downward trend in prices is likely to continue in the near future. The reason is the reduction of profits from cryptocurrency mining. In addition, large mining companies that have bought equipment on debt and are unable to repay it due to low profitability will be forced to sell rigs, which will collapse prices even further, the expert believes.
https://getblock.net/en/news/prices-of-asic-miners-fell-to-lowest-since-january-2021
🖥 Most popular TikTok blogger became Binance ambassador
🤝Italian TikTok blogger Khaby Lame has become an ambassador for the cryptocurrency exchange Binance. The collaboration aims to raise awareness of Web 3.0 technologies with the goal of broader adoption. There will also be exclusive NFT collections associated with the blogger.
https://getblock.net/en/news/most-popular-tiktok-blogger-became-binance-ambassador
🤝Italian TikTok blogger Khaby Lame has become an ambassador for the cryptocurrency exchange Binance. The collaboration aims to raise awareness of Web 3.0 technologies with the goal of broader adoption. There will also be exclusive NFT collections associated with the blogger.
https://getblock.net/en/news/most-popular-tiktok-blogger-became-binance-ambassador
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💥 Cryptocurrency price dynamics 01.07.2022💥
Most crypto-assets that are in the top 10 by market capitalization are in the "red zone" today:
⬇️ the largest drop over the day showed - Polkadot: -3.4%.
🔴 BTC - $ 19,456.55 (-2.8%)
🔴 ETH - $ 1,056.72 (-2.9%)
🟢 BNB - $ 219.39 (+0.9%)
🔴 XRP - $ 0.318297 (-2.3%)
🔴 ADA - $ 0.451026 (-1.7%)
🟢 SOL - $ 32.70 (+0.8%)
🔴 DOGE - $ 0.065123 (-2.2%)
🔴 DOT - $ 6.66 (-3.4%)
🔴 TRX - $ 0.064990 (-0.2%)
🔴 SHIB - $ 0.00001012 (-0.3%)
Most crypto-assets that are in the top 10 by market capitalization are in the "red zone" today:
⬇️ the largest drop over the day showed - Polkadot: -3.4%.
🔴 BTC - $ 19,456.55 (-2.8%)
🔴 ETH - $ 1,056.72 (-2.9%)
🟢 BNB - $ 219.39 (+0.9%)
🔴 XRP - $ 0.318297 (-2.3%)
🔴 ADA - $ 0.451026 (-1.7%)
🟢 SOL - $ 32.70 (+0.8%)
🔴 DOGE - $ 0.065123 (-2.2%)
🔴 DOT - $ 6.66 (-3.4%)
🔴 TRX - $ 0.064990 (-0.2%)
🔴 SHIB - $ 0.00001012 (-0.3%)
⚠️Singapore regulator reprimanded Three Arrows Capital for providing false information
📢The Monetary Authority of Singapore (MAS) has reprimanded cryptocurrency hedge fund Three Arrows Capital (3AC) for providing false information and exceeding the maximum allowed amount of assets under management (AUM). MAS explained that the fund exceeded the AUM threshold of S$250 million (about $180 million) twice, from July to September in 2020 and from November to August in 2020-2021. The company also failed to properly notify MAS of changes in management and equity.
https://getblock.net/en/news/singapore-regulator-reprimanded-three-arrows-capital-for-providing-false-information
📢The Monetary Authority of Singapore (MAS) has reprimanded cryptocurrency hedge fund Three Arrows Capital (3AC) for providing false information and exceeding the maximum allowed amount of assets under management (AUM). MAS explained that the fund exceeded the AUM threshold of S$250 million (about $180 million) twice, from July to September in 2020 and from November to August in 2020-2021. The company also failed to properly notify MAS of changes in management and equity.
https://getblock.net/en/news/singapore-regulator-reprimanded-three-arrows-capital-for-providing-false-information
Bitcoin
Overnight, bitcoin reached $20 800 on impulse but was unable to hold at that level. Judging by the chart, the price of the asset has hit a local downtrend. If the bitcoin rate continues to rise in the near time, it will be possible to talk about the formation of the bottom of the current correction.
The material is not an investment recommendation and is published for information purposes only. Remember: technical analysis does not guarantee successful trading, as it is based on historical data only.
https://getblock.net/en/market-analysis/btc-review-dated-01072022
#BTC #Analytics
Overnight, bitcoin reached $20 800 on impulse but was unable to hold at that level. Judging by the chart, the price of the asset has hit a local downtrend. If the bitcoin rate continues to rise in the near time, it will be possible to talk about the formation of the bottom of the current correction.
The material is not an investment recommendation and is published for information purposes only. Remember: technical analysis does not guarantee successful trading, as it is based on historical data only.
https://getblock.net/en/market-analysis/btc-review-dated-01072022
#BTC #Analytics
✅Coinbase added Solana staking feature
👍Cryptocurrency exchange Coinbase has added the native token’s staking feature of the Solana (SOL) blockchain platform. The company noted that it intends to expand the service and add more assets to it in 2022. SOL became the seventh token supported by the exchange’s service, following Ethereum (ETH), Algorand (ALGO), Cosmos (ATOM), Tezos (XTZ), Cardano (ADA), and MakerDAO (DAI) stablecoin.
https://getblock.net/en/news/coinbase-added-solana-staking-feature
👍Cryptocurrency exchange Coinbase has added the native token’s staking feature of the Solana (SOL) blockchain platform. The company noted that it intends to expand the service and add more assets to it in 2022. SOL became the seventh token supported by the exchange’s service, following Ethereum (ETH), Algorand (ALGO), Cosmos (ATOM), Tezos (XTZ), Cardano (ADA), and MakerDAO (DAI) stablecoin.
https://getblock.net/en/news/coinbase-added-solana-staking-feature
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⚖️Grayscale sued SEC over refusal to register its spot bitcoin ETF
❌Digital asset management company Grayscale has sued the US Securities and Exchange Commission (SEC) after the agency rejected its application to convert the Grayscale Bitcoin Trust (GBTC) into a spot bitcoin ETF (exchange-traded fund). In the rejection, the SEC cited concerns about market manipulation and the lack of a clear regulatory framework. So far, the agency has not approved any such investment product.
https://getblock.net/en/news/grayscale-sued-sec-over-refusal-to-register-its-spot-bitcoin-etf
❌Digital asset management company Grayscale has sued the US Securities and Exchange Commission (SEC) after the agency rejected its application to convert the Grayscale Bitcoin Trust (GBTC) into a spot bitcoin ETF (exchange-traded fund). In the rejection, the SEC cited concerns about market manipulation and the lack of a clear regulatory framework. So far, the agency has not approved any such investment product.
https://getblock.net/en/news/grayscale-sued-sec-over-refusal-to-register-its-spot-bitcoin-etf