⚠️Robert Kiyosaki warns of a possible sale of bitcoin and real estate
🤔Robert Kiyosaki, an American entrepreneur and author of the bestseller “Rich Dad, Poor Dad,” believes that the market correction is not over yet. He warned of a possible sale of bitcoin and real estate. On Twitter, Kiyosaki noted that he was preparing to profit on the bubble he predicted and urged investors to prepare for what he called “the greatest sale on Earth.”
https://getblock.net/en/news/robert-kiyosaki-warns-of-a-possible-sale-of-bitcoin-and-real-estate
🤔Robert Kiyosaki, an American entrepreneur and author of the bestseller “Rich Dad, Poor Dad,” believes that the market correction is not over yet. He warned of a possible sale of bitcoin and real estate. On Twitter, Kiyosaki noted that he was preparing to profit on the bubble he predicted and urged investors to prepare for what he called “the greatest sale on Earth.”
https://getblock.net/en/news/robert-kiyosaki-warns-of-a-possible-sale-of-bitcoin-and-real-estate
💥 Cryptocurrency price dynamics 19.07.2022💥
Almost all crypto-assets in the top 10 by market capitalization are in the green zone today:
⬆️ Ethereum showed the biggest gain overnight: +6.4%;
⬇️ Ripple showed the biggest drop over the day: -1.3%.
🟢 BTC - $ 21,979.86 (+0.8%)
🟢 ETH - $ 1,524.88 (+6.4%)
🟢 BNB - $ 259.58 (+0.6%)
🔴 XRP - $ 0..358243 (-1.3%)
🟢 ADA - $ 0.483120 (+2.5%)
🟢 SOL - $ 43.48 (+4.2%)
🟢 DOGE - $ 0.066567 (+1.2%)
🟢 DOT - $ 7.63 (+3.3%)
🟢 SHIB - $ 0.00001171 (+3.9%)
🟢 AVAX - $ 23.55 (+1.2%)
Almost all crypto-assets in the top 10 by market capitalization are in the green zone today:
⬆️ Ethereum showed the biggest gain overnight: +6.4%;
⬇️ Ripple showed the biggest drop over the day: -1.3%.
🟢 BTC - $ 21,979.86 (+0.8%)
🟢 ETH - $ 1,524.88 (+6.4%)
🟢 BNB - $ 259.58 (+0.6%)
🔴 XRP - $ 0..358243 (-1.3%)
🟢 ADA - $ 0.483120 (+2.5%)
🟢 SOL - $ 43.48 (+4.2%)
🟢 DOGE - $ 0.066567 (+1.2%)
🟢 DOT - $ 7.63 (+3.3%)
🟢 SHIB - $ 0.00001171 (+3.9%)
🟢 AVAX - $ 23.55 (+1.2%)
👍1
🔌Swedish miners to be supplied with electricity on a residual basis
🇸🇪Swedish Energy Minister Hashayar Farmanbar said that the country was faced with the choice of allocating more electricity to businesses that provide jobs or increasing the capacity of mining companies. He stressed that Sweden needs the resource “for more useful things than bitcoin.” The government is concerned about the increased consumption of electricity, so it has asked the relevant agency to create ways to track the energy used for digital infrastructure.
https://getblock.net/en/news/swedish-miners-to-be-supplied-with-electricity-on-a-residual-basis
🇸🇪Swedish Energy Minister Hashayar Farmanbar said that the country was faced with the choice of allocating more electricity to businesses that provide jobs or increasing the capacity of mining companies. He stressed that Sweden needs the resource “for more useful things than bitcoin.” The government is concerned about the increased consumption of electricity, so it has asked the relevant agency to create ways to track the energy used for digital infrastructure.
https://getblock.net/en/news/swedish-miners-to-be-supplied-with-electricity-on-a-residual-basis
👍1
Bitcoin
Bitcoin continues to technically work out levels. Yesterday, the asset broke through the downtrend, which has been forming since March, but it did not manage to overcome the upper edge of the wedge. Now the downtrend provides support and keeps the bitcoin rate from falling below $21 400.
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-19072022
#BTC #Analytics
Bitcoin continues to technically work out levels. Yesterday, the asset broke through the downtrend, which has been forming since March, but it did not manage to overcome the upper edge of the wedge. Now the downtrend provides support and keeps the bitcoin rate from falling below $21 400.
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-19072022
#BTC #Analytics
⛏Miners sold 400% of bitcoins mined in June
📢Public mining companies sold 14 600 bitcoins in June, representing 23% of their total reserves and around 400% of all volume cryptocurrency mined in a month. According to Arcane Research analyst Jason Mallory, from January to April, miners sold an average of 20-40% of the coins mined. He noted that “this strategy worked well until the bear market arrived” and in May companies sold 100% of their mined BTC.
https://getblock.net/en/news/miners-sold-400-of-bitcoins-mined-in-june
📢Public mining companies sold 14 600 bitcoins in June, representing 23% of their total reserves and around 400% of all volume cryptocurrency mined in a month. According to Arcane Research analyst Jason Mallory, from January to April, miners sold an average of 20-40% of the coins mined. He noted that “this strategy worked well until the bear market arrived” and in May companies sold 100% of their mined BTC.
https://getblock.net/en/news/miners-sold-400-of-bitcoins-mined-in-june
👍1
🏆Ukraine and Russia become leaders in the number of cryptocurrency holders in 2021
📊Ukraine and Russia topped the ranking of countries with the highest percentage of citizens holding cryptocurrencies in 2021. In Ukraine, the share of the population using digital assets was 12,7%, while in Russia it was 11,9%. Such data is presented in the policy brief of the UN Conference on Trade and Development (UNCTAD).
https://getblock.net/en/news/ukraine-and-russia-become-leaders-in-the-number-of-cryptocurrency-holders-in-2021
📊Ukraine and Russia topped the ranking of countries with the highest percentage of citizens holding cryptocurrencies in 2021. In Ukraine, the share of the population using digital assets was 12,7%, while in Russia it was 11,9%. Such data is presented in the policy brief of the UN Conference on Trade and Development (UNCTAD).
https://getblock.net/en/news/ukraine-and-russia-become-leaders-in-the-number-of-cryptocurrency-holders-in-2021
⏰Grayscale predicts the end of the crypto winter in 250 days
❄️Analysts at asset manager Grayscale Investments have released a report calculating a tentative timeline for the end of the downturn in the digital asset market (crypto winter). Based on historical data on bitcoin value changes, the experts have concluded that the bear cycle could end in 250 days, by the end of March 2023.
https://getblock.net/en/news/grayscale-predicts-the-end-of-the-crypto-winter-in-250-days
❄️Analysts at asset manager Grayscale Investments have released a report calculating a tentative timeline for the end of the downturn in the digital asset market (crypto winter). Based on historical data on bitcoin value changes, the experts have concluded that the bear cycle could end in 250 days, by the end of March 2023.
https://getblock.net/en/news/grayscale-predicts-the-end-of-the-crypto-winter-in-250-days
😱1
👍Circle plans to go public before the end of the year
💭Circle (the issuer of the USDC stablecoin) intends to go public and list on the New York Stock Exchange (NYSE) in the fourth quarter of 2022. Circle’s CFO Jeremy Fox-Geen told Decrypt.
https://getblock.net/en/news/circle-plans-to-go-public-before-the-end-of-the-year
💭Circle (the issuer of the USDC stablecoin) intends to go public and list on the New York Stock Exchange (NYSE) in the fourth quarter of 2022. Circle’s CFO Jeremy Fox-Geen told Decrypt.
https://getblock.net/en/news/circle-plans-to-go-public-before-the-end-of-the-year
⚠️FBI tells about fraud with fake applications for crypto investments
🕷The US Federal Bureau of Investigation (FBI) has issued a public warning about the emergence of a large number of fraudulent cryptocurrency applications. Acting on behalf of real-life digital asset companies and financial institutions, attackers persuade investors to make deposits on fake platforms. The total damage to victims exceeded $42,7 million.
https://getblock.net/en/news/fbi-tells-about-fraud-with-fake-applications-for-crypto-investments
🕷The US Federal Bureau of Investigation (FBI) has issued a public warning about the emergence of a large number of fraudulent cryptocurrency applications. Acting on behalf of real-life digital asset companies and financial institutions, attackers persuade investors to make deposits on fake platforms. The total damage to victims exceeded $42,7 million.
https://getblock.net/en/news/fbi-tells-about-fraud-with-fake-applications-for-crypto-investments
🚫One of SkyBridge Capital’s funds suspends withdrawals
❄️Legion Strategies, one of the funds of the investment firm SkyBridge Capital, has suspended redemptions amid a sharp decline in stocks and cryptocurrencies. An anonymous source told Bloomberg that the freezing is due to the fact that shares of private companies, which are harder to sell, now account for about 20% of the fund’s portfolio.
https://getblock.net/en/news/one-of-skybridge-capitals-funds-suspends-withdrawals
❄️Legion Strategies, one of the funds of the investment firm SkyBridge Capital, has suspended redemptions amid a sharp decline in stocks and cryptocurrencies. An anonymous source told Bloomberg that the freezing is due to the fact that shares of private companies, which are harder to sell, now account for about 20% of the fund’s portfolio.
https://getblock.net/en/news/one-of-skybridge-capitals-funds-suspends-withdrawals
📢Media: Winklevoss brothers’ crypto exchange executes second round of layoffs
💼Winklevoss brothers’ cryptocurrency exchange Gemini, a month and a half after cutting 10% of its staff, has carried out the second round of layoffs, TechCrunch reports, citing its own sources. The platform has reportedly laid off another 7% or 68 employees due to “extreme cost cutting.”
https://getblock.net/en/news/media-winklevoss-brothers-crypto-exchange-executes-second-round-of-layoffs
💼Winklevoss brothers’ cryptocurrency exchange Gemini, a month and a half after cutting 10% of its staff, has carried out the second round of layoffs, TechCrunch reports, citing its own sources. The platform has reportedly laid off another 7% or 68 employees due to “extreme cost cutting.”
https://getblock.net/en/news/media-winklevoss-brothers-crypto-exchange-executes-second-round-of-layoffs
💰Three Arrows Capital owes $3,5 billion to investors
📃The cryptocurrency hedge fund Three Arrows Capital (3AC) owes a total of $3,5 billion to 27 companies that have invested in it. 67% of this amount is due to a loan from the company within Digital Currency Group of $2,36 billion. The data was provided by Teneo Restructuring’s lawyers, who are authorized as part of the fund’s bankruptcy case to value and realize its assets to repay its debts to creditors.
https://getblock.net/en/news/three-arrows-capital-owes-35-billion-to-investors
📃The cryptocurrency hedge fund Three Arrows Capital (3AC) owes a total of $3,5 billion to 27 companies that have invested in it. 67% of this amount is due to a loan from the company within Digital Currency Group of $2,36 billion. The data was provided by Teneo Restructuring’s lawyers, who are authorized as part of the fund’s bankruptcy case to value and realize its assets to repay its debts to creditors.
https://getblock.net/en/news/three-arrows-capital-owes-35-billion-to-investors
❗️Celsius has claimed ownership over most clients’ funds
⚖️At the first court hearing in the bankruptcy case of the Celsius lending platform, defense lawyers claimed that most of the funds that users deposited on the platform were actually at the company’s disposal. Lawyers for Kirkland & Ellis explained that there are three key programs that stand out in the retail part of Celsius’ business operations: earning, borrowing and custody. Of these, the latter is the only segment in which the deposited funds are in the full authority of the user.
https://getblock.net/en/news/celsius-has-claimed-ownership-over-most-clients-funds
⚖️At the first court hearing in the bankruptcy case of the Celsius lending platform, defense lawyers claimed that most of the funds that users deposited on the platform were actually at the company’s disposal. Lawyers for Kirkland & Ellis explained that there are three key programs that stand out in the retail part of Celsius’ business operations: earning, borrowing and custody. Of these, the latter is the only segment in which the deposited funds are in the full authority of the user.
https://getblock.net/en/news/celsius-has-claimed-ownership-over-most-clients-funds
📈Analyst Justin Bennett predicts the growth of the popular token
🗣Cryptocurrency analyst Justin Bennett revealed that he is taking a closer look at the governance token of the blockchain game STEPN. He discovered that GMT forms a symmetrical triangle pattern and predicted a 40% rise if the asset breaks it. In addition, Bennett drew attention to the asset’s recent pattern of higher lows. The analyst shared his views on the GMT price movement on Twitter.
https://getblock.net/en/news/analyst-justin-bennett-predicts-the-growth-of-the-popular-token
🗣Cryptocurrency analyst Justin Bennett revealed that he is taking a closer look at the governance token of the blockchain game STEPN. He discovered that GMT forms a symmetrical triangle pattern and predicted a 40% rise if the asset breaks it. In addition, Bennett drew attention to the asset’s recent pattern of higher lows. The analyst shared his views on the GMT price movement on Twitter.
https://getblock.net/en/news/analyst-justin-bennett-predicts-the-growth-of-the-popular-token
🔮Analyst Yashu Gola predicts ApeCoin to grow 45% after Otherside's metaverse demo
💸Cointelegraph analyst Yashu Gola discovered that Yuga Labs' project governance token ApeCoin (APE) broke out of the ascending triangle technical pattern. This happened after a demo of the Otherside metaverse, in which about 4 500 people took part. According to the expert, depending on where a breakout from the ascending triangle directs the rate of the asset, APE can either grow up to $8,4, or fall below the $3,5 mark.
https://getblock.net/en/news/analyst-yashu-gola-predicts-apecoin-to-grow-45-after-othersides-metaverse-demo
💸Cointelegraph analyst Yashu Gola discovered that Yuga Labs' project governance token ApeCoin (APE) broke out of the ascending triangle technical pattern. This happened after a demo of the Otherside metaverse, in which about 4 500 people took part. According to the expert, depending on where a breakout from the ascending triangle directs the rate of the asset, APE can either grow up to $8,4, or fall below the $3,5 mark.
https://getblock.net/en/news/analyst-yashu-gola-predicts-apecoin-to-grow-45-after-othersides-metaverse-demo
❗️Glassnode analysts record a bitcoin bottom formation signal
🤑Analysts at Glassnode have recorded a sign of bitcoin's bottom formation. They noted that the market value of BTC has been below its realized value for more than a month after a wave of capitulations in May and June. At the time of the July 18 report, the realized value was $22 092 and the market value was $21 069. The average unrealized loss reached 4,67%. Based on historical data, experts speculate that the discrepancy between the two figures may indicate a bottom in the bear phase.
https://getblock.net/en/news/glassnode-analysts-record-a-bitcoin-bottom-formation-signal
🤑Analysts at Glassnode have recorded a sign of bitcoin's bottom formation. They noted that the market value of BTC has been below its realized value for more than a month after a wave of capitulations in May and June. At the time of the July 18 report, the realized value was $22 092 and the market value was $21 069. The average unrealized loss reached 4,67%. Based on historical data, experts speculate that the discrepancy between the two figures may indicate a bottom in the bear phase.
https://getblock.net/en/news/glassnode-analysts-record-a-bitcoin-bottom-formation-signal
📢BlockFi announces second wave of layoffs
💼BlockFi's online platform announced a second round of layoffs, Decrypt writes, citing its own sources. This comes a month after a 20% reduction in staffing. BlockFi has reportedly initiated a “voluntary separation program” for employees to bring the company in line with current market conditions.
https://getblock.net/en/news/blockfi-announces-second-wave-of-layoffs
💼BlockFi's online platform announced a second round of layoffs, Decrypt writes, citing its own sources. This comes a month after a 20% reduction in staffing. BlockFi has reportedly initiated a “voluntary separation program” for employees to bring the company in line with current market conditions.
https://getblock.net/en/news/blockfi-announces-second-wave-of-layoffs
🚨Ukrainian law enforcers expose fraudulent mining investment scheme
🇺🇦The Kiev police together with the Security Service of Ukraine exposed a fraudulent scheme under the guise of investing in mining farms. Four previously unprosecuted criminals convinced the victims to invest money in a data center for mining cryptocurrencies, promising high returns, and then fled with the funds received. Information about it appeared on the website of the National Police.
https://getblock.net/en/news/ukrainian-law-enforcers-expose-fraudulent-mining-investment-scheme
🇺🇦The Kiev police together with the Security Service of Ukraine exposed a fraudulent scheme under the guise of investing in mining farms. Four previously unprosecuted criminals convinced the victims to invest money in a data center for mining cryptocurrencies, promising high returns, and then fled with the funds received. Information about it appeared on the website of the National Police.
https://getblock.net/en/news/ukrainian-law-enforcers-expose-fraudulent-mining-investment-scheme
🤯1
💥 Cryptocurrency price dynamics 20.07.2022💥
All crypto-assets in the top 10 by market capitalization are in the green zone today:
⬆️ Cardano showed the biggest increase overnight: +10.2%.
🟢 BTC - $ 23,532.19 (+7.1%)
🟢 ETH - $ 1,572.28 (+3.0%)
🟢 BNB - $ 269.61 (+4.0%)
🟢 XRP - $ 0.378181 (+5.7%)
🟢 ADA - $ 0.533817 (+10.2%)
🟢 SOL - $ 45.58 (+4.4%)
🟢 DOGE - $ 0.071411 (+7.1%)
🟢 DOT - $ 8.01 (+4.7%)
🟢 SHIB - $ 0.00001252 (+6.6%)
🟢 AVAX - $ 25.70 (+8.6%)
All crypto-assets in the top 10 by market capitalization are in the green zone today:
⬆️ Cardano showed the biggest increase overnight: +10.2%.
🟢 BTC - $ 23,532.19 (+7.1%)
🟢 ETH - $ 1,572.28 (+3.0%)
🟢 BNB - $ 269.61 (+4.0%)
🟢 XRP - $ 0.378181 (+5.7%)
🟢 ADA - $ 0.533817 (+10.2%)
🟢 SOL - $ 45.58 (+4.4%)
🟢 DOGE - $ 0.071411 (+7.1%)
🟢 DOT - $ 8.01 (+4.7%)
🟢 SHIB - $ 0.00001252 (+6.6%)
🟢 AVAX - $ 25.70 (+8.6%)
🔥1
🚀Valkyrie to launch Web 2.5-focused venture fund
👍Asset management company Valkyrie plans to launch a venture capital fund focused on “Web 2.5” projects that are at an early stage of development. The company explained that by Web 2.5 they mean the sector in which startups are working to bridge the gap between Web 3.0 and the average user. The fund will be used to support such projects. This is reported by The Block.
https://getblock.net/en/news/valkyrie-to-launch-web-25-focused-venture-fund
👍Asset management company Valkyrie plans to launch a venture capital fund focused on “Web 2.5” projects that are at an early stage of development. The company explained that by Web 2.5 they mean the sector in which startups are working to bridge the gap between Web 3.0 and the average user. The fund will be used to support such projects. This is reported by The Block.
https://getblock.net/en/news/valkyrie-to-launch-web-25-focused-venture-fund
Bitcoin
On the daily timeframe, one can see the implementation of the wedge upward. Now the bitcoin rate has approached an important resistance of around $24 000. In case this level is broken, the way to $26-27 000 opens. If the asset fails to overcome resistance, one should expect a bounce to the upper edge of the wedge ($22 000), which may provide support.
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-20072022
#BTC #Analytics
On the daily timeframe, one can see the implementation of the wedge upward. Now the bitcoin rate has approached an important resistance of around $24 000. In case this level is broken, the way to $26-27 000 opens. If the asset fails to overcome resistance, one should expect a bounce to the upper edge of the wedge ($22 000), which may provide support.
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-20072022
#BTC #Analytics