💰Unknown user transferred $1,34 billion worth of bitcoins with $16 fee
💻On July 15, an unknown user transferred 64 300 BTC ($1,34 billion at the time of the transaction), while a transaction fee was 0,00077850 BTC ($16,1). Of this amount, he sent 10 000 bitcoins ($206 million) to the Bitfinex cryptocurrency exchange. As of July 16, 09:55 UTC, the asset is trading at $20 617, down by 1,47% in 24 hours, according to Binance.
https://getblock.net/en/news/largest-btc-holder-increased-investments-in-cryptocurrency-to-275-billion
💻On July 15, an unknown user transferred 64 300 BTC ($1,34 billion at the time of the transaction), while a transaction fee was 0,00077850 BTC ($16,1). Of this amount, he sent 10 000 bitcoins ($206 million) to the Bitfinex cryptocurrency exchange. As of July 16, 09:55 UTC, the asset is trading at $20 617, down by 1,47% in 24 hours, according to Binance.
https://getblock.net/en/news/largest-btc-holder-increased-investments-in-cryptocurrency-to-275-billion
😱Hackers stole $150 000 worth of NFTs with artist DeeKay’s Twitter account
💰On July 15, hackers hacked into the Twitter account of South Korean artist and animator DeeKay Kwon, known by his nickname DeeKay. The attackers posted a phishing link on his behalf to an audience of around 180 000 followers under the pretext of an NFT airdrop from a new collection. However, a malicious smart contract had been activating on the website after the transaction was signed, opening up access to the wallet. The hackers thus managed to steal about 65 NFTs worth $150 000 in five hours before Kwon regained access to the account.
https://getblock.net/en/news/hackers-stole-150-000-worth-of-nfts-with-artist-deekays-twitter-account
💰On July 15, hackers hacked into the Twitter account of South Korean artist and animator DeeKay Kwon, known by his nickname DeeKay. The attackers posted a phishing link on his behalf to an audience of around 180 000 followers under the pretext of an NFT airdrop from a new collection. However, a malicious smart contract had been activating on the website after the transaction was signed, opening up access to the wallet. The hackers thus managed to steal about 65 NFTs worth $150 000 in five hours before Kwon regained access to the account.
https://getblock.net/en/news/hackers-stole-150-000-worth-of-nfts-with-artist-deekays-twitter-account
🔮Analyst Plan B predicts likely bitcoin’s value at the end of July
📢Anonymous analyst PlanB has called the likely price of bitcoin at the end of July. On his Twitter, he noted that in June, BTC closed below its 200-week moving average (MA) for the first time ever. Herewith, the asset immediately bounced up after reaching such a low level. PlanB added that he “would not surprise” if the first cryptocurrency’s rate exceeds the $22 000 mark at the end of this month. As of July 16, 10:30 UTC, the asset is trading at $20 647, down by 0,97% overnight, according to Binance.
https://getblock.net/en/news/analyst-plan-b-predicts-likely-bitcoins-value-at-the-end-of-july
📢Anonymous analyst PlanB has called the likely price of bitcoin at the end of July. On his Twitter, he noted that in June, BTC closed below its 200-week moving average (MA) for the first time ever. Herewith, the asset immediately bounced up after reaching such a low level. PlanB added that he “would not surprise” if the first cryptocurrency’s rate exceeds the $22 000 mark at the end of this month. As of July 16, 10:30 UTC, the asset is trading at $20 647, down by 0,97% overnight, according to Binance.
https://getblock.net/en/news/analyst-plan-b-predicts-likely-bitcoins-value-at-the-end-of-july
💡UN recommends developing countries impose registration of bitcoin addresses and exchanges
📃The United Nations Conference on Trade and Development (UNCTAD) has released a report noscriptd “All that glitters is not gold,” recommending that developing countries should ban bitcoin advertising. The document also said that all addresses and exchanges associated with the digital asset should undergo mandatory registration. The UN acknowledged that the first cryptocurrency has some advantages, but the disadvantages far outweigh them.
https://getblock.net/en/news/un-recommends-developing-countries-impose-registration-of-bitcoin-addresses-and-exchanges
📃The United Nations Conference on Trade and Development (UNCTAD) has released a report noscriptd “All that glitters is not gold,” recommending that developing countries should ban bitcoin advertising. The document also said that all addresses and exchanges associated with the digital asset should undergo mandatory registration. The UN acknowledged that the first cryptocurrency has some advantages, but the disadvantages far outweigh them.
https://getblock.net/en/news/un-recommends-developing-countries-impose-registration-of-bitcoin-addresses-and-exchanges
🎥Car manufacturer Kia releases commercial with NFTs
🚙Car manufacturer Kia has released a commercial featuring characters from the Dead Army Skeleton Club (DASK) NFT collection. The campaign, created by creative agency David&Goliath, is timed to coincide with the launch of the new Kia Soul model. US viewers will be able to receive non-fungible tokens by scanning a QR code from the ad. The project is implemented in collaboration with the Sweet marketplace and the NFTs received will be sent to the wallets of the platform’s users.
https://getblock.net/en/news/car-manufacturer-kia-releases-commercial-with-nfts
🚙Car manufacturer Kia has released a commercial featuring characters from the Dead Army Skeleton Club (DASK) NFT collection. The campaign, created by creative agency David&Goliath, is timed to coincide with the launch of the new Kia Soul model. US viewers will be able to receive non-fungible tokens by scanning a QR code from the ad. The project is implemented in collaboration with the Sweet marketplace and the NFTs received will be sent to the wallets of the platform’s users.
https://getblock.net/en/news/car-manufacturer-kia-releases-commercial-with-nfts
📊Survey: analysts predict ADA token to rise by 570% by 2026
📈Cryptocurrency analysts believe that the rate of the native token of the Cardano (ADA) blockchain will rise by 570% to $2,93 by the end of 2025. This data follows a survey of 53 experts by research firm Finder. They predict that the asset will be worth $0,63 by the end of this year and $6,53 by 2030. Thus, Paul Levy, a University of Brighton senior lecturer, believes that despite ADA’s recent volatility, it is “well placed.”
https://getblock.net/en/news/survey-analysts-predict-ada-token-to-rise-by-570-by-2026
📈Cryptocurrency analysts believe that the rate of the native token of the Cardano (ADA) blockchain will rise by 570% to $2,93 by the end of 2025. This data follows a survey of 53 experts by research firm Finder. They predict that the asset will be worth $0,63 by the end of this year and $6,53 by 2030. Thus, Paul Levy, a University of Brighton senior lecturer, believes that despite ADA’s recent volatility, it is “well placed.”
https://getblock.net/en/news/survey-analysts-predict-ada-token-to-rise-by-570-by-2026
🔄Bit2Me exchange to refund service fees to 2gether platform’s customers
🇪🇸Spanish crypto exchange Bit2Me will allow customers of its competitor, the 2gether platform, to conduct transactions on its platform without additional fees. Previously, 2gether blocked customer funds and demanded a €20 donation to keep accounts active. As part of the agreement, 2gether users will be able to transfer their balances to Bit2Me. In addition, Bit2Me will reimburse new customers €20 previously spent on maintenance. In this way, the platform can get an influx of more than 100 000 new users.
https://getblock.net/en/news/bit2me-exchange-to-refund-service-fees-to-2gether-platforms-customers
🇪🇸Spanish crypto exchange Bit2Me will allow customers of its competitor, the 2gether platform, to conduct transactions on its platform without additional fees. Previously, 2gether blocked customer funds and demanded a €20 donation to keep accounts active. As part of the agreement, 2gether users will be able to transfer their balances to Bit2Me. In addition, Bit2Me will reimburse new customers €20 previously spent on maintenance. In this way, the platform can get an influx of more than 100 000 new users.
https://getblock.net/en/news/bit2me-exchange-to-refund-service-fees-to-2gether-platforms-customers
💥 Cryptocurrency price dynamics 18.07.2022💥
All crypto-assets in the top 10 by market capitalization are in the green zone today:
⬆️ Ethereum showed the highest growth over the day: +5.5%.
🟢 BTC - $ 21,794.28 (+1.9%)
🟢 ETH - $ 1,430.15 (+5.5%)
🟢 BNB - $ 257.58 (+1.8%)
🟢 XRP - $ 0.362673 (+2.0%)
🟢 ADA - $ 0.469935 (+2.7%)
🟢 SOL - $ 41.64 (+3.7%)
🟢 DOGE - $ 0.065636 (+1.5%)
🟢 DOT - $ 7.37 (+2.5%)
🟢 SHIB - $ 0.00001123 (+1.9%)
🟢 TRX - $ 0.069502 (+1.0%)
All crypto-assets in the top 10 by market capitalization are in the green zone today:
⬆️ Ethereum showed the highest growth over the day: +5.5%.
🟢 BTC - $ 21,794.28 (+1.9%)
🟢 ETH - $ 1,430.15 (+5.5%)
🟢 BNB - $ 257.58 (+1.8%)
🟢 XRP - $ 0.362673 (+2.0%)
🟢 ADA - $ 0.469935 (+2.7%)
🟢 SOL - $ 41.64 (+3.7%)
🟢 DOGE - $ 0.065636 (+1.5%)
🟢 DOT - $ 7.37 (+2.5%)
🟢 SHIB - $ 0.00001123 (+1.9%)
🟢 TRX - $ 0.069502 (+1.0%)
👍1🔥1
❗️Tezos co-founder calls Celsius bankruptcy predictable
📢Kathleen Breitman, the co-founder of decentralized blockchain Tezos, said that for those who have been in the crypto industry for a long time, the bankruptcy of the Celsius lending platform was not surprising as its business model was unsustainable. “Economics has laws that transcend the word blockchain, contrary to popular beliefs,” added Breitman. Herewith, referring to the bankruptcy of Three Arrows Capital (3AC), she noted that what happened to the hedge fund was “uniquely bad.”
https://getblock.net/en/news/tezos-co-founder-calls-celsius-bankruptcy-predictable
📢Kathleen Breitman, the co-founder of decentralized blockchain Tezos, said that for those who have been in the crypto industry for a long time, the bankruptcy of the Celsius lending platform was not surprising as its business model was unsustainable. “Economics has laws that transcend the word blockchain, contrary to popular beliefs,” added Breitman. Herewith, referring to the bankruptcy of Three Arrows Capital (3AC), she noted that what happened to the hedge fund was “uniquely bad.”
https://getblock.net/en/news/tezos-co-founder-calls-celsius-bankruptcy-predictable
Bitcoin
Bitcoin broke through the local downtrend, which has been working on the chart of the asset since March this year. Now it needs to consolidate above $21 500. Also, the rate of the cryptocurrency approached the upper edge of the wedge, which acts as resistance. Breakout from the wedge upward opens the way to $24 000.
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-18072022
#BTC #Analytics
Bitcoin broke through the local downtrend, which has been working on the chart of the asset since March this year. Now it needs to consolidate above $21 500. Also, the rate of the cryptocurrency approached the upper edge of the wedge, which acts as resistance. Breakout from the wedge upward opens the way to $24 000.
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-18072022
#BTC #Analytics
💰Interactive Brokers’ chairman says his willingness to buy bitcoins for $12 000
🗣According to Thomas Peterffy, chairman of Interactive Brokers, a brokerage company, the chances of bitcoin being devalued or outlawed are very high. Despite this, the billionaire continues to hold the cryptocurrency and is ready to buy more BTC in case the price of the asset drops to $12 000. He revealed this in an interview with Forbes.
https://getblock.net/en/news/interactive-brokers-chairman-says-his-willingness-to-buy-bitcoins-for-12-000
🗣According to Thomas Peterffy, chairman of Interactive Brokers, a brokerage company, the chances of bitcoin being devalued or outlawed are very high. Despite this, the billionaire continues to hold the cryptocurrency and is ready to buy more BTC in case the price of the asset drops to $12 000. He revealed this in an interview with Forbes.
https://getblock.net/en/news/interactive-brokers-chairman-says-his-willingness-to-buy-bitcoins-for-12-000
✅Rosbank conducts Russia’s first investment transaction with DFAs
🇷🇺Rosbank has conducted its first investment transaction in Russia using digital financial assets (DFAs). The bank invested in a digital token for palladium metal issued by the Atomyze platform. GPF Investments, an international fund with a portfolio of precious metals, acted as an issuer. The asset is linked to the market value of palladium and ennoscripts Rosbank to a cash claim equivalent to its market value, TASS reports citing the bank’s press service.
https://getblock.net/en/news/rosbank-conducts-russias-first-investment-transaction-with-dfas
🇷🇺Rosbank has conducted its first investment transaction in Russia using digital financial assets (DFAs). The bank invested in a digital token for palladium metal issued by the Atomyze platform. GPF Investments, an international fund with a portfolio of precious metals, acted as an issuer. The asset is linked to the market value of palladium and ennoscripts Rosbank to a cash claim equivalent to its market value, TASS reports citing the bank’s press service.
https://getblock.net/en/news/rosbank-conducts-russias-first-investment-transaction-with-dfas
☝️Glassnode: bitcoin holders hold 80% of the supply for three months
📊Experts at analytics firm Glassnode have published data on the behavior of bitcoin holders. According to the statistics, more than 80% of total funds invested in the first cryptocurrency have not moved for at least three months. “This signifies that the majority of the $BTC coin supply is dormant, and HODLers are increasingly unwilling to spend at lower prices,” the experts said.
https://getblock.net/en/news/glassnode-bitcoin-holders-hold-80-of-the-supply-for-three-months
📊Experts at analytics firm Glassnode have published data on the behavior of bitcoin holders. According to the statistics, more than 80% of total funds invested in the first cryptocurrency have not moved for at least three months. “This signifies that the majority of the $BTC coin supply is dormant, and HODLers are increasingly unwilling to spend at lower prices,” the experts said.
https://getblock.net/en/news/glassnode-bitcoin-holders-hold-80-of-the-supply-for-three-months
🚀Hyundai launches NFT membership program
🚗South Korean automaker Hyundai has unveiled IONIQ Citizenship, an NFT-based membership program for owners of its new electric car model, IONIQ 6. The collection consists of 5000 automatically generated tokens of varying rarity, on which the level of access to exclusive Web 3.0 content in Planet Hyundai, the digital space in the Zepeto metaverse, depends.
https://getblock.net/en/news/hyundai-launches-nft-membership-program
🚗South Korean automaker Hyundai has unveiled IONIQ Citizenship, an NFT-based membership program for owners of its new electric car model, IONIQ 6. The collection consists of 5000 automatically generated tokens of varying rarity, on which the level of access to exclusive Web 3.0 content in Planet Hyundai, the digital space in the Zepeto metaverse, depends.
https://getblock.net/en/news/hyundai-launches-nft-membership-program
🇺🇸US congressmen call for miners to be required to disclose their energy consumption
🔌Members of the US Senate and House of Representatives have sent a letter to the Department of Energy (DOE) and the Environmental Protection Agency (EPA) asking them to require miners to report information about emissions and energy consumption. Officials said that they had little data on the scale of miners’ activities, so it was crucial that the agencies work together. They noted the problem of the environmental impact of cryptocurrency mining and called on the DOE and EPA to use all available powers, such as section 114 of the Clean Air Act.
https://getblock.net/en/news/us-congressmen-call-for-miners-to-be-required-to-disclose-their-energy-consumption
🔌Members of the US Senate and House of Representatives have sent a letter to the Department of Energy (DOE) and the Environmental Protection Agency (EPA) asking them to require miners to report information about emissions and energy consumption. Officials said that they had little data on the scale of miners’ activities, so it was crucial that the agencies work together. They noted the problem of the environmental impact of cryptocurrency mining and called on the DOE and EPA to use all available powers, such as section 114 of the Clean Air Act.
https://getblock.net/en/news/us-congressmen-call-for-miners-to-be-required-to-disclose-their-energy-consumption
⚠️Dutch Central Bank fines Binance for providing services without registration
💸The Dutch Central Bank, De Nederlandsche Bank (DNB), has fined cryptocurrency exchange Binance 3,3 million euros ($3,37 million) for providing services without mandatory registration. The penalty, imposed on April 25, 2022, was increased from 2 million euros because the platform has “a very large number” of customers in the country. The exchange received its first public warning from the DNB back on August 18, 2021.
https://getblock.net/en/news/dutch-central-bank-fines-binance-for-providing-services-without-registration
💸The Dutch Central Bank, De Nederlandsche Bank (DNB), has fined cryptocurrency exchange Binance 3,3 million euros ($3,37 million) for providing services without mandatory registration. The penalty, imposed on April 25, 2022, was increased from 2 million euros because the platform has “a very large number” of customers in the country. The exchange received its first public warning from the DNB back on August 18, 2021.
https://getblock.net/en/news/dutch-central-bank-fines-binance-for-providing-services-without-registration
🔮Analyst Michaël van de Poppe predicts rapid growth in four altcoins
💭Cryptocurrency analyst and trader Michaël van de Poppe has called four altcoins that have the potential for rapid growth. He attributed Binance Coin (BNB), Polygon (MATIC), THORChain (RUNE), and Fantom (FTM) to promising coins. The analyst covered each asset in detail on his Twitter account.
https://getblock.net/en/news/analyst-michael-van-de-poppe-predicts-rapid-growth-in-four-altcoins
💭Cryptocurrency analyst and trader Michaël van de Poppe has called four altcoins that have the potential for rapid growth. He attributed Binance Coin (BNB), Polygon (MATIC), THORChain (RUNE), and Fantom (FTM) to promising coins. The analyst covered each asset in detail on his Twitter account.
https://getblock.net/en/news/analyst-michael-van-de-poppe-predicts-rapid-growth-in-four-altcoins
😱Crypto trading volume falls to 18-month low
📊Crypto trading volume in the spot and derivatives markets has fallen by more than 15% since May to around $4,2 trillion. This is the lowest figure since January 2021, Bloomberg reports, citing data from the CryptoCompare platform. Analysts attribute the decline to the collapse of the digital asset market. Thus, bitcoin and Ethereum rates have fallen by about 70% from their all-time highs (ATH). As of July 18, 12:00 UTC, BTC is trading at $22 040 and ETH at $1473.
https://getblock.net/en/news/crypto-trading-volume-falls-to-18-month-low
📊Crypto trading volume in the spot and derivatives markets has fallen by more than 15% since May to around $4,2 trillion. This is the lowest figure since January 2021, Bloomberg reports, citing data from the CryptoCompare platform. Analysts attribute the decline to the collapse of the digital asset market. Thus, bitcoin and Ethereum rates have fallen by about 70% from their all-time highs (ATH). As of July 18, 12:00 UTC, BTC is trading at $22 040 and ETH at $1473.
https://getblock.net/en/news/crypto-trading-volume-falls-to-18-month-low
❌BTC and ETH rates rise led to the liquidation of $160 million in short positions
☝️As a result of bitcoin and Ethereum rates’ rise short positions totaling more than $160 million have been liquidated in the past 24 hours, according to CryptoPotato. In just one day, a total of 87 247 traders have liquidated positions worth $399,45 million, according to analytics platform Coinglass. The largest liquidation was recorded on the FTX exchange, $2,83 million on the ETH-PERP contract.
https://getblock.net/en/news/btc-and-eth-rates-rise-led-to-the-liquidation-of-160-million-in-short-positions
☝️As a result of bitcoin and Ethereum rates’ rise short positions totaling more than $160 million have been liquidated in the past 24 hours, according to CryptoPotato. In just one day, a total of 87 247 traders have liquidated positions worth $399,45 million, according to analytics platform Coinglass. The largest liquidation was recorded on the FTX exchange, $2,83 million on the ETH-PERP contract.
https://getblock.net/en/news/btc-and-eth-rates-rise-led-to-the-liquidation-of-160-million-in-short-positions
⬆️Capitalization of the crypto market exceeds $1 trillion
💰The cryptocurrency market capitalization has surpassed the $1 trillion mark again for the first time since June 13. As of July 18, it stands at $1,059 trillion, according to aggregator CoinGecko. This was due to the rise in the value of bitcoin and Ethereum. The BTC rose to a one-month high of $22 430 on the morning of July 18 and is trading at $22 213 as of 13:20 UTC, adding 4,85% overnight, according to Binance. ETH rose to $1481, up 10,11%.
https://getblock.net/en/news/capitalization-of-the-crypto-market-exceeds-1-trillion
💰The cryptocurrency market capitalization has surpassed the $1 trillion mark again for the first time since June 13. As of July 18, it stands at $1,059 trillion, according to aggregator CoinGecko. This was due to the rise in the value of bitcoin and Ethereum. The BTC rose to a one-month high of $22 430 on the morning of July 18 and is trading at $22 213 as of 13:20 UTC, adding 4,85% overnight, according to Binance. ETH rose to $1481, up 10,11%.
https://getblock.net/en/news/capitalization-of-the-crypto-market-exceeds-1-trillion
🇮🇳India's Finance Minister says the country may ban cryptocurrencies
💭The Reserve Bank of India (RBI) is keen to ban the use of cryptocurrencies in the country because it is concerned about their “destabilizing effect on the monetary and fiscal stability.” Nirmala Sitharaman, India's finance minister, made the announcement in a speech to members of Parliament. She added that regulating or banning digital assets would require international cooperation.
https://getblock.net/en/news/indias-finance-minister-says-the-country-may-ban-cryptocurrencies
💭The Reserve Bank of India (RBI) is keen to ban the use of cryptocurrencies in the country because it is concerned about their “destabilizing effect on the monetary and fiscal stability.” Nirmala Sitharaman, India's finance minister, made the announcement in a speech to members of Parliament. She added that regulating or banning digital assets would require international cooperation.
https://getblock.net/en/news/indias-finance-minister-says-the-country-may-ban-cryptocurrencies